AIRLINK 74.00 Decreased By ▼ -0.56 (-0.75%)
BOP 5.02 Decreased By ▼ -0.04 (-0.79%)
CNERGY 4.42 Decreased By ▼ -0.04 (-0.9%)
DFML 39.20 Decreased By ▼ -0.53 (-1.33%)
DGKC 86.09 Decreased By ▼ -1.46 (-1.67%)
FCCL 21.65 Decreased By ▼ -0.28 (-1.28%)
FFBL 34.01 Decreased By ▼ -0.58 (-1.68%)
FFL 9.92 Increased By ▲ 0.17 (1.74%)
GGL 10.56 Increased By ▲ 0.07 (0.67%)
HBL 113.89 Increased By ▲ 0.10 (0.09%)
HUBC 135.84 Decreased By ▼ -0.68 (-0.5%)
HUMNL 11.90 Increased By ▲ 1.00 (9.17%)
KEL 4.84 Increased By ▲ 0.17 (3.64%)
KOSM 4.53 Decreased By ▼ -0.11 (-2.37%)
MLCF 38.27 Decreased By ▼ -0.19 (-0.49%)
OGDC 134.85 Decreased By ▼ -1.29 (-0.95%)
PAEL 26.35 Decreased By ▼ -0.26 (-0.98%)
PIAA 20.80 Decreased By ▼ -1.69 (-7.51%)
PIBTL 6.68 Increased By ▲ 0.01 (0.15%)
PPL 123.00 Increased By ▲ 0.71 (0.58%)
PRL 26.69 Decreased By ▼ -0.28 (-1.04%)
PTC 14.33 Increased By ▲ 0.42 (3.02%)
SEARL 59.12 Decreased By ▼ -0.75 (-1.25%)
SNGP 69.50 Decreased By ▼ -0.56 (-0.8%)
SSGC 10.33 Decreased By ▼ -0.02 (-0.19%)
TELE 8.50 Decreased By ▼ -0.04 (-0.47%)
TPLP 11.23 Decreased By ▼ -0.11 (-0.97%)
TRG 64.85 Decreased By ▼ -1.15 (-1.74%)
UNITY 26.25 Decreased By ▼ -0.08 (-0.3%)
WTL 1.34 Decreased By ▼ -0.01 (-0.74%)
BR100 7,851 Increased By 26.3 (0.34%)
BR30 25,337 Decreased By -69.2 (-0.27%)
KSE100 75,207 Increased By 122.8 (0.16%)
KSE30 24,143 Increased By 49.1 (0.2%)
Print - 2020-03-06
PASSCO all set to launch wheat procurement drive 2020
Commodities

PASSCO all set to launch wheat procurement drive 2020

The Pakistan Agricultural Storage & Services Corporation (PASSCO) is all set to launch its wheat procurement drive 2020 from Sindh & Balochistan from March 10, 2020, and in Punjab from April 01, 2020, with a target of buying total 1.6 million tons of grai
Published 06 Mar, 2020 12:00am
Urea price reduced to Rs 1,665/bag

Urea price reduced to Rs 1,665/bag

The government has reduced urea fertiliser price from Rs2,040 per 50kg bag to Rs1,665 to provide relief to the farmers.
Published 06 Mar, 2020 12:00am
Anti-Benami directorate general restrained

Anti-Benami directorate general restrained

The Islamabad High Court (IHC) has restrained the Federal Board of Revenue (FBR's) Anti-Benami Directorate General from proceeding against the properties acquired before the promulgation of the Benami Transactions (Prohibition) Act, 2017.
Published 06 Mar, 2020 12:00am
Khamenei asks India to stop attacks on Muslims

Khamenei asks India to stop attacks on Muslims

Iranian Supreme Leader Ayatollah Ali Khamenei urged India on Thursday to "confront extremist Hindus" and "stop the massacre of Muslims", adding to the international fallout over deadly Hindu-Muslim violence in New Delhi.
Published 06 Mar, 2020 12:00am
US panel hears of risks to Indian Muslims

US panel hears of risks to Indian Muslims

Experts warned a US government panel on Wednesday that India's Muslims face risks of expulsion or other persecution under a citizenship law that has triggered major protests.
Published 06 Mar, 2020 12:00am
EU all set to extend GSP plus status

EU all set to extend GSP plus status

The European Union (EU) is all set to extend Generalized System of Preferences plus (GSP+) status for Pakistan after completing codal formalities, well informed sources in Commerce Ministry told Business Recorder.
Published 06 Mar, 2020 12:00am
HSBC sends over 100 London staff home

HSBC sends over 100 London staff home

HSBC has sent more than 100 of its London staff home after a worker tested positive for the coronavirus, the first known case at a major company in Europe's main financial hub.
Published 06 Mar, 2020 12:00am
One more case detected in Karachi

One more case detected in Karachi

One more case of coronavirus has been diagnosed in the city on Thursday evening, taking the number of cases in Sindh to three.
Published 06 Mar, 2020 12:00am
Residential buildings collapse in Karachi; 14 killed

Residential buildings collapse in Karachi; 14 killed

At least 14 people, including women and children, were killed while over 30 sustained injuries after three residential buildings collapsed here in Rizvia Society on Thursday.
Published 06 Mar, 2020 12:00am
Musharraf's case: PBC challenges LHC verdict

Musharraf's case: PBC challenges LHC verdict

The Pakistan Bar Council (PBC) has challenged the Lahore High Court (LHC) judgment against the Special Court death sentence to former army chief General (retd) Pervez Musharraf.
Published 06 Mar, 2020 12:00am
Muneebur Rehman, Popalzai skip meeting on lunar calendar

Muneebur Rehman, Popalzai skip meeting on lunar calendar

Mufti Muneebur Rehman and Maulana Popalzai skipped the joint meeting of the Senate and National Assembly's standing committees on religious affairs, which was called in order to come to an agreement on lunar calendar.
Published 06 Mar, 2020 12:00am
Afghan war crimes probe must go ahead: ICC judges

Afghan war crimes probe must go ahead: ICC judges

International war crimes judges ruled on Thursday that a probe into wartime abuses in Afghanistan must go ahead, including looking into possible atrocities committed by US forces, as they overturned a previous court ruling.
Published 06 Mar, 2020 12:00am
Report highlights 'mobile gender gap'

Report highlights 'mobile gender gap'

In Pakistan, women are 38 percent less likely than men to own a mobile phone and 49 percent less likely to use a mobile internet, says Global System for Mobile Communications (GSMA).
Published 06 Mar, 2020 12:00am
UAE advises against travel abroad

UAE advises against travel abroad

The United Arab Emirates is urging its citizens and other residents to avoid travelling abroad because of concerns over the coronavirus outbreak, state news agency WAM said on Thursday.
Published 06 Mar, 2020 12:00am
IT products: PCA detects Rs649m tax evasion

IT products: PCA detects Rs649m tax evasion

The Directorate of Post Clearance Audit (PCA), South has detected massive tax evasion amounting to Rs. 649.54 million in the imports of IT products by nine companies through underinvoicing.
Published 06 Mar, 2020 12:00am
PIA pensioners
Letters

PIA pensioners

Pakistan International Airlines (PIA) has increased pensions for its retired employees first in 2013 and then in 2019.
Published 06 Mar, 2020 12:00am
Public service reforms - II
Articles

Public service reforms - II

Parliaments at the federal and provincial levels should make laws pertaining to the formulation of respective recruitment commissions (indicated in part-I of this series of articles by this writer) so that the needed shape and legitimacy could be obtained
Published 06 Mar, 2020 12:00am
Tax base and filers
Articles

Tax base and filers

According to a Press release of Federal Board of Revenue (FBR), it received "two million four hundred forty six thousand two hundred and ninety four (2,446,294) Tax Returns for Tax Year 2019 which increased by 45% compared to one million six hundred eight
Published 06 Mar, 2020 12:00am
Women's demonstration for rights

Women's demonstration for rights

As March 8, the International Women's Day, draws closer self-appointed custodians of national morality are getting roiled up at the prospect of replay of last year's massive 'Aurat March'. Usual labels of 'vulgarity' and 'obscenity' are being bandied abou
Updated 06 Mar, 2020 06:24am
Change in SBP law

Change in SBP law

Governor State Bank of Pakistan (SBP) Dr Reza Baqir while addressing the members of the English Speaking Union stated that the SBP law is being amended to contain fiscal deficit financing through printing money. While appreciating the salutary objective b
Updated 06 Mar, 2020 06:25am
Minister vows to punish culprits involved in building collapse

Minister vows to punish culprits involved in building collapse

Sindh Minister for Information, Local Government, Housing & Town Planning, Religious Affairs, Forest and Wildlife Syed Nasir Hussain Shah has said that severe possible action would be taken against anyone who was found to be involved in the tragic inciden
Published 06 Mar, 2020 12:00am
Quarantine centre to be set up in Quetta

Quarantine centre to be set up in Quetta

The government on Thursday has decided to establish quarantine rooms for the pilgrims in Quetta's Hazar Ganji area for the prevention of coronavirus outbreak in Pakistan.
Published 06 Mar, 2020 12:00am
Coronavirus: Misinformation being spread on social media: Ghani

Coronavirus: Misinformation being spread on social media: Ghani

Sindh Education and Labor Minister Saeed Ghani has said that out of 49,000 public schools across the province, 13,000 are closed and moreover there is a shortage of 37,000 teachers in the province, adding that in the past, some schools were built on wrong
Published 06 Mar, 2020 12:00am
MQM-P, PML-N pledge to work for resolving people's issues

MQM-P, PML-N pledge to work for resolving people's issues

The largest opposition party Pakistan Muslim League-Nawaz (PML-N) on Thursday reached out to Muttahida Qaumi Movement-Pakistan (MQM-P), the ally in federal government and both parties pledged to work for strengthening of democracy and resolution of the is
Published 06 Mar, 2020 12:00am
Pulses import shrinks by 4 percent

Pulses import shrinks by 4 percent

Pakistan imported $311.768 million of pulses during July-Jan 2019-20, down by 4 percent, official figures say.
Published 06 Mar, 2020 12:00am
Peace will help Afghanistan attract world investments: Motiwala

Peace will help Afghanistan attract world investments: Motiwala

Chairman of Pakistan Afghanistan Joint Chamber Of Commerce & Industry (PAJCCI), Zubair Motiwala, has said that Afghanistan is a land of untapped opportunities and this reconciliation process would end decades of war and suffering of the Afghan people and
Published 06 Mar, 2020 12:00am
PCJCCI to promote Halal food industry thru road shows
Business & Economy

PCJCCI to promote Halal food industry thru road shows

The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) and Halal Research Council have planned to organize "Nationwide Awareness Road Show on Halal Industry from Khyber to Karachi" for catering to the rising demand for Halal food in the world
Published 06 Mar, 2020 12:00am
PTEA slams inordinate delay in refunds' payment
Cotton & Textile

PTEA slams inordinate delay in refunds' payment

Pakistan Textile Exporters Association (PTEA) has expressed grave concern over undue delay in payment of exporters' outstanding refunds as extreme cash flow crunch has seized the industrialization and halted the export growth. FASTER system launched for p
Published 06 Mar, 2020 12:00am
Rana allowed interim pre-arrest bail by LHC

Rana allowed interim pre-arrest bail by LHC

The Lahore High Court on Wednesday allowed interim pre-arrest bail to Rana Sanaullah Khan in an inquiry of alleged assets beyond means by the National Accountability Bureau (NAB).
Published 06 Mar, 2020 12:00am
Mahreen Aziz Khan appointed K-Electric's first female CxO
Energy

Mahreen Aziz Khan appointed K-Electric's first female CxO

Mahreen Aziz Khan has joined K-Electric (KE) as the first female CxO since the company's transformation began in 2009. Ms. Khan is part of the KE Leadership as Chief Marketing & Communications Officer (CMCO) and this also makes her the first female CMCO a
Published 06 Mar, 2020 12:00am
CCP evolving uniform formula for pricing of essential food items

CCP evolving uniform formula for pricing of essential food items

The Competition Commission of Pakistan (CCP) on Thursday informed the National Price Monitoring Committee (NPMC) that the commission was chalking out a uniform formula for pricing of essential food items to remove price disparity among districts in consul
Published 06 Mar, 2020 12:00am
NATO military HQ confirms first coronavirus cases

NATO military HQ confirms first coronavirus cases

NATO said Thursday it had confirmed three cases of the novel coronavirus linked to its military headquarters in Belgium - a civilian employee and two family members.
Published 06 Mar, 2020 12:00am
French TGV train derails near Strasbourg, 22 hurt

French TGV train derails near Strasbourg, 22 hurt

A French high-speed TGV train derailed early Thursday after an embankment collapsed into the tracks in eastern France, seriously injuring the driver and hurting 21 others.
Published 06 Mar, 2020 12:00am
Warren ends her US presidential campaign

Warren ends her US presidential campaign

Massachusetts Senator Elizabeth Warren, once a frontrunner in the race for the Democratic presidential nomination, ended her campaign on Thursday, setting up a two-man duel between Joe Biden and Bernie Sanders.
Published 06 Mar, 2020 12:00am
Turkey, Russia agree ceasefire in Syria's Idlib

Turkey, Russia agree ceasefire in Syria's Idlib

Turkey and Russia announced a ceasefire in northern Syria on Thursday, agreeing to end weeks of heavy fighting that sparked a humanitarian disaster and raised fears of their armies clashing.
Published 06 Mar, 2020 12:00am
PPDWP approves two uplift schemes

PPDWP approves two uplift schemes

The Punjab Provincial Development Working Party approved two development schemes of roads and local government sectors with an estimated cost of Rs. 2,875.055 million here on Thursday. These schemes were approved in the 38th meeting of Provincial Developm
Published 06 Mar, 2020 12:00am
Qureshi voices grave concern over IHK's continued lockdown

Qureshi voices grave concern over IHK's continued lockdown

Foreign Minister Shah Mahmood Qureshi on Thursday chaired a consultative meeting on situation in Indian occupied Jammu and Kashmir, which expressed grave concern over the continued lockdown in the held valley for the last 214 days.
Published 06 Mar, 2020 12:00am
Coronavirus: Over 760,000 foreign travellers screened

Coronavirus: Over 760,000 foreign travellers screened

More than 760,000 passengers who have arrived in Pakistan from foreign countries in recent weeks have been screened for coronavirus as part of the federal government's strategy to prevent the outbreak of this epidemic in Pakistan, Special Assistant to Pri
Published 06 Mar, 2020 12:00am
PMEX daily trading report

PMEX daily trading report

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,034. The traded value of Metals, Energy and COTS/FX was recorded at PKR 5.191 billion and the number of lots traded was 9,436.
Published 06 Mar, 2020 12:00am
Tunisia tenders to buy wheat and barley
Commodities

Tunisia tenders to buy wheat and barley

Tunisia's state grains agency has issued an international tender to purchase about 117,000 tonnes of soft wheat and 50,000 tonnes of animal feed barley, European traders said on Wednesday.
Published 06 Mar, 2020 12:00am
Euronext wheat futures fall in step with Chicago
Commodities

Euronext wheat futures fall in step with Chicago

Euronext wheat futures fell on Wednesday in step with Chicago prices as wheat markets faced renewed technical pressure after a rebound the previous session linked to stimulus measures to counter the impact of a coronavirus outbreak.
Published 06 Mar, 2020 12:00am
US natural gas futures edge up on decline in output
Energy

US natural gas futures edge up on decline in output

US natural gas futures edged up for a third day in a row on Wednesday due to a slight decline in output, despite weather forecasts confirming the previous warmer-than-normal forecast for the next two weeks.
Published 06 Mar, 2020 12:00am
Activities of Karachi Port and Port Qasim
Business & Economy

Activities of Karachi Port and Port Qasim

The Karachi Port handled 94,649 tonnes of cargo comprising 64,843 tonnes of import cargo and 29,806 tonnes of export cargo including 4,766 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday.
Published 06 Mar, 2020 12:00am
Chinese iron ore futures rise on stimulus optimism
Commodities

Chinese iron ore futures rise on stimulus optimism

Chinese iron ore futures rebounded to close higher for a third straight session on Wednesday on optimism that further policy support will be rolled out to minimize the economic fallout from a global coronavirus outbreak.
Published 06 Mar, 2020 12:00am
Dollar retreats in Asia
Money & Banking

Dollar retreats in Asia

The dollar struggled to make headway on Thursday, as very low US yields and the prospect of even more monetary easing held back gains, while virus fears supported the safe-haven yen.
Published 06 Mar, 2020 12:00am
Dollar struggles in Europe
Money & Banking

Dollar struggles in Europe

The US dollar fell on Thursday amid expectations of the Federal Reserve will cut interest rates further, after slashing them by 50 basis points this week in an emergency move to shield the economy from the effects of coronavirus.
Published 06 Mar, 2020 12:00am
Rand falls
Money & Banking

Rand falls

South Africa's rand weakened against the dollar on Thursday after the government confirmed the country's first case of coronavirus.
Published 06 Mar, 2020 12:00am
Most Asian currencies weaken
Money & Banking

Most Asian currencies weaken

Most Asian currencies weakened on Thursday as the dollar recovered, with investors now awaiting clarity on further monetary easing measures and uncertainty around coronavirus to reduce before taking on riskier bets.
Published 06 Mar, 2020 12:00am
Sterling gains more ground against dollar, euro
Money & Banking

Sterling gains more ground against dollar, euro

Sterling gained further ground against the US dollar and euro on Thursday, as expectations waned for an immediate Bank of England rate cut to follow this week's emergency move from the US Federal Reserve to contain coronavirus damage.
Published 06 Mar, 2020 12:00am
Latam FX weakens
Money & Banking

Latam FX weakens

Latin American stocks and currencies weakened on Thursday, with Brazil's real slipping to yet another record low, as the rapid spread of the coronavirus sapped risk appetite and investors worried about the scale of the economic fallout.
Published 06 Mar, 2020 12:00am
Artema Medical earn victory in Zameen Polo
Other

Artema Medical earn victory in Zameen Polo

Raja Temur Nadeem guided Guard Group/Artema Medical to an impressive 7-5 victory against Olympia/Technimen in the 'Zameen National Open Polo Championship for Quaid-e-Azam Gold Cup 2020' match played here at Lahore Polo Club ground on Thursday.
Published 06 Mar, 2020 12:00am
Morocco and Nigeria added to highest doping risk list
Other

Morocco and Nigeria added to highest doping risk list

Morocco and Nigeria were on Thursday added to the list of countries at highest doping risk by the Athletics Integrity Unit (AIU), less than five months from the Tokyo 2020 Olympics.
Published 06 Mar, 2020 12:00am
Mashrafe steps down as Bangladesh ODI captain
Cricket

Mashrafe steps down as Bangladesh ODI captain

Bangladesh pace bowler Mashrafe Mortaza, one of the country's biggest sports stars, stepped down Thursday as captain of the national one-day side, possibly ending his international career.
Published 06 Mar, 2020 12:00am
Qazi Tufail, famous motor glider to perform in KP Games
Other

Qazi Tufail, famous motor glider to perform in KP Games

Qazi Tufail of Peshawar will perform through his self-made Motor Glider in the opening ceremony of the forthcoming KP U-21 Inter-District Games by showing rose petals from a high altitude while holding national flag in one hand as well.
Published 06 Mar, 2020 12:00am
Kabaddi included in KP U-21 Games
Other

Kabaddi included in KP U-21 Games

Chairman, Khyber Pakhtunkhwa Kabaddi Association, Pir Barkat Ali has welcomed the inclusion of Kabaddi in the forthcoming KP U-21 Games starting on March 7, 2020 (tomorrow) here at Qayyum Sports Complex.
Published 06 Mar, 2020 12:00am
Pakistan ODI against Bangladesh now on April 1
Cricket

Pakistan ODI against Bangladesh now on April 1

On the request of the Bangladesh Cricket Board (BCB), Pakistan Cricket Board (PCB) has rescheduled the one-off One-Day International to allow its men's national team more time to prepare for the second ICC World Test Championship Test, which commences at
Published 06 Mar, 2020 12:00am
Archer extends contract with Sussex
Other

Archer extends contract with Sussex

England pace bowler Jofra Archer has signed a two-year contract extension with Sussex, the club announced on Thursday.
Published 06 Mar, 2020 12:00am
Starbucks bans personal cups

Starbucks bans personal cups

Reusable cups are in vogue for reducing waste but are no longer welcome at Starbucks cafes over fears of the coronavirus, the coffee chain announced.
Published 06 Mar, 2020 12:00am
US weekly jobless claims fall; labour market weathering coronavirus for now
Global Business Economy

US weekly jobless claims fall; labour market weathering coronavirus for now

The number of Americans filing for unemployment benefits fell last week, suggesting the labour market was on solid footing despite the coronavirus outbreak, which has stoked financial market fears of a recession and prompted an emergency interest rate cut
Published 06 Mar, 2020 12:00am
Sri Lanka leaves rates unchanged
Money & Banking

Sri Lanka leaves rates unchanged

Sri Lanka's central bank left its key interest rates unchanged on Thursday following an unexpected pick-up in retail inflation but maintained its accommodative stance, highlighting the risks from the coronavirus epidemic.
Published 06 Mar, 2020 12:00am
World food prices dip
Global Business Economy

World food prices dip

World food prices slipped in February, ending four months of successive increases, with the spread of coronavirus dampening demand for some products, the United Nations food agency said on Thursday.
Published 06 Mar, 2020 12:00am