News Archives for Print - 2020-11-30

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Print - 2020-11-30

PM insists Opposition will never get 'NRO'

ISLAMABAD: Prime Minister Imran Khan on Sunday criticized opposition over its insistence to hold rally in Multan at...

Published 30 Nov, 2020 03:24am

Asia

Thai protesters target royal guards unit in latest rally

BANGKOK: Hundreds of protesters marched on a barracks of Thailand's royal guards unit on Sunday hoisting inflatable...

Published 30 Nov, 2020 02:58am

Exchange

PSX witnesses positive trend: BRIndex100 gains 68.79 points

KARACHI: Pakistan Stock Exchange witnessed positive trend during the outgoing week ended on Nov 27, on the back of...

Published 30 Nov, 2020 02:58am

Rates.BR Index

Futures spread inches up

KARACHI: The futures spread inched up by 01bps to 8.35 percent on the last day of outgoing week. Trading activities...

Published 30 Nov, 2020 02:58am

Sydney records hottest November night

SYDNEY: Sydney recorded its hottest November night as Australia's largest city suffered through a weekend heatwave...

Updated 30 Nov, 2020 03:54am

Delayed Tokyo Olympics to cost additional $1.9bn: report

TOKYO: The coronavirus-delayed Tokyo Olympics could cost $1.9 billion more than its original budget of $13 billion, ...

Updated 30 Nov, 2020 04:22am

World's strictest corporate responsibility plan fails in Swiss vote

GENEVA: A plan in Switzerland to impose the world's strictest corporate responsibility rules, which would have made...

Updated 30 Nov, 2020 04:22am

PDM to hold planned rally 'at any cost': Fazl

MULTAN: Jamiat Ulema-e-Islam Fazl (JUI-F) supremo Maulana Fazlur Rehman has announced that Pakistan Democratic...

Updated 30 Nov, 2020 03:25am

Iran mulls response as it prepares to bury killed scientist

TEHRAN: Debate raged in Iran on Sunday over how and when to respond to a top nuclear scientist's assassination,...

Updated 30 Nov, 2020 03:46am

Petrol prices may be revised upward

ISLAMABAD: Federal government may revise prices of petroleum products upward from December 1st following surge in ...

Updated 30 Nov, 2020 03:38am

Letters

'The lost art of losing gracefully'

This is apropos a Business Recorder op-ed "The lost art of losing gracefully" carried by the newspaper on Saturday....

Updated 30 Nov, 2020 04:00am

As pandemic closes New York stores, artists move in

Artists are taking over New York storefronts made empty by the coronavirus pandemic, receiving invaluable free...

Updated 30 Nov, 2020 03:59am

Reality that bites India

In the largest democracy in the world, autocracy flourishes. Known as Modi's India it has become a one-man show. A...

Updated 30 Nov, 2020 03:57am

Cotton

Trade - fair or free

A long standing difference of opinion on rules governing international trade has focused on supporting free versus...

Updated 30 Nov, 2020 03:56am

Cotton & Textile

Weekly Cotton Report: Business volume remains satisfactory with stable rate

KARACHI: The rate of cotton remained stable. There is a need to take positive steps for increasing the production of...

Published 30 Nov, 2020 02:58am

Energy

OPEC, allies mull extending output cuts

VIENNA: The OPEC oil producers' club and its allies will hold a virtual meeting on Monday and Tuesday to finalise an...

Published 30 Nov, 2020 02:58am

Energy

ExxonMobil scraps asset sale in Australia's Bass Strait

SYDNEY: ExxonMobil has called off the potential multibillion-dollar sale of its oil and gas assets in Australia's...

Published 30 Nov, 2020 02:58am

South Asia

Four killed, dozens wounded in Sri Lanka prison riot

COLOMBO: Guards opened fire Sunday to contain a prison riot near Sri Lanka's capital where at least four inmates ...

Updated 30 Nov, 2020 04:20am

Europe

Britain, France sign fresh deal to reduce migrant crossings

LONDON: Increased patrols and technology will be deployed along France's beaches under a new agreement between Paris...

Updated 30 Nov, 2020 04:04am

2020

Trump says will not 'change my mind' on election fraud claims

WASHINGTON: In the first TV interview since losing his re-election bid, President Donald Trump indicated Sunday that...

Updated 30 Nov, 2020 03:49am

China

Shanghai marathon defies coronavirus with 9,000 runners

SHANGHAI: Around 9,000 runners -- some wearing face masks -- took part in the Shanghai International Marathon ...

Published 30 Nov, 2020 02:58am

Gaza gets vital medical aid as hospitals struggle with rising infections

GAZA: The World Health Organization delivered 15 ventilators to Gaza hospitals on Sunday amid a spike in Covid-19...

Published 30 Nov, 2020 02:58am

Darth Vader actor Dave Prowse dies

LONDON: Dave Prowse, the British actor behind the menacing black mask of Star Wars villain Darth Vader has died at...

Published 30 Nov, 2020 02:58am

Africa

Tigray hospitals flooded after Ethiopia PM declares victory

ADDIS ABABA: Hospitals in the capital of Ethiopia's Tigray region faced an influx of trauma patients, an aid group...

Published 30 Nov, 2020 02:58am

Europe

Thousands march for Spanish health system

MADRID: Thousands of health workers marched in Madrid on Sunday in support of Spain's public health system, sorely...

Published 30 Nov, 2020 02:58am

Fauci warns Americans to brace for 'surge upon surge' of virus

WASHINGTON: Americans should brace for a "surge upon a surge" in the coronavirus as millions of travelers return ...

Updated 30 Nov, 2020 03:51am

Stocks

Major Gulf markets mixed

DUBAI: Major Gulf stock markets ended mixed on Sunday with Saudi Arabian shares extending gains for a sixth...

Published 30 Nov, 2020 02:58am

Stocks

Germany's DAX 30 index to add 10 companies in major revamp

FRANKFURT AM MAIN: Germany's blue-chip DAX 30 index will grow by 10 companies and tighten entry rules following...

Published 30 Nov, 2020 02:58am

Stocks

Wall Street week ahead: Vaccine adoption rates 'wildcard' for US stock rally

NEW YORK: News this month of three promising coronavirus vaccines has helped push the Dow Jones Industrial Average...

Published 30 Nov, 2020 02:58am

Bilawal pledges to continue struggle for democracy

ISLAMABAD/KARACHI: Chairman Pakistan Peoples Party Bilawal Bhutto-Zardari has said that PPP leadership and workers...

Published 30 Nov, 2020 02:58am

Renovation of 'Teen Hatti Bridge' at final stage: Shallwani

KARACHI: Administrator Karachi Iftikhar Ali Shallwani on Sunday said that renovation works of Teen Hatti Bridge is ...

Updated 30 Nov, 2020 04:04am

Buzdar warns PDM of legal action for SOPs violations

LAHORE: While giving a clear-cut message to the leaders of Pakistan Democratic Movement (PDM), Punjab Chief Minister...

Published 30 Nov, 2020 02:58am

PDM engaged in a tacit conspiracy, says Firdous

LAHORE: Special Assistant to the Chief Minister Punjab on Information Dr Firdous Ashiq Awan has said that the PDM is...

Published 30 Nov, 2020 02:58am

Former NA speaker Sahabzada Farooq Ali passes away

MULTAN: Ninth speaker of National Assembly and one of Pakistan People's Party founding members, Sahabzada Farooq Ali...

Published 30 Nov, 2020 02:58am

PTI, PDM are agents of status quo and western powers: Siraj

LAHORE: Jamaat-e-Islami Emir Senator Siraj-ul-Haq has reiterated that the PTI and the PDM are the agents of the...

Updated 30 Nov, 2020 04:20am

Nawaid Malik elected director PIA Board

KARACHI: A virtual Extraordinary General Meeting of PIA shareholders moderated from PIA Head office was held. ...

Published 30 Nov, 2020 02:58am

NAB committing human rights violations: Mandviwalla

ISLAMABAD: Deputy Chairman Senate Saleem Mandviwalla on Sunday lashed out at National Accountability Bureau (NAB),...

Published 30 Nov, 2020 02:58am

'D-Day' for lonely elephant

ISLAMABAD: The Asian elephant, 'Kaavan', will finally be airlifted to Cambodia early Monday (today) to spend his...

Updated 30 Nov, 2020 04:08am

Shibli urges Fazl to avoid instigating public for violence

ISLAMABAD: Minister for Information and Broadcasting Senator Shibli Faraz on Sunday urged the President of Pakistan...

Published 30 Nov, 2020 02:58am

Dr Faisal inaugurates five-day anti-polio drive in KP

PESHAWAR: Special Assistant to Prime Minister on Health Dr Faisal Sultan inaugurated five-day anti-polio campaign by...

Published 30 Nov, 2020 02:58am

Asifa to debut in politics from PDM Multan rally

ISLAMABAD: Asifa Bhutto Zardari's scheduled address in Multan public gathering, being organised by the eleven...

Published 30 Nov, 2020 02:58am

Covid-19: Sindh posts 1419 new cases, 13 deaths

KARACHI: With a continued increasing trend, 1,419 new cases of Covid-19 emerged in Sindh out of 10,081 tests...

Published 30 Nov, 2020 02:58am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time). 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55 HEADLINE...

Published 30 Nov, 2020 02:58am

The Weather

KARACHI: The weather report on Sunday (November 29, 2020) and the forecast for Monday (November 30, 2020)....

Published 30 Nov, 2020 02:58am

Currency

YOUR RUPEE LAST MONTH

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last month. (October 1 to...

Published 30 Nov, 2020 02:58am

Rates.Banks

Returns on Profit and Loss Sharing Investment Bank Accounts (JAN TO JUNE 2020)

KARACHI: Comparative table of returns being given banks on their Profit and Loss Sharing Investment...

Published 30 Nov, 2020 02:58am

Currency

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (November 23 to...

Published 30 Nov, 2020 02:58am

PM, army chief briefed by DG ISI

ISLAMABAD: Prime Minister Imran Khan appreciated the tireless efforts of Inter-Services Intelligence (ISI) for...

Updated 30 Nov, 2020 03:22am

Taxes

FY-21 tax collection target: SAPM hints at downward revision

ISLAMABAD: The Special Assistant to the Prime Minister (Minister of State) on Revenue, Dr Waqar Masood, has hinted ...

Published 30 Nov, 2020 02:58am

Nepra urged to revise industrial tariff

ISLAMABAD: Power Division has requested National Electric Power Regulatory Authority (NEPRA) to revise industrial...

Updated 30 Nov, 2020 03:23am

Suicide car bomb kills 30 Afghan security personnel

GHAZNI, (Afghanistan): A suicide car bomber struck an army base in Afghanistan on Sunday killing at least 30 ...

Updated 30 Nov, 2020 03:24am

Kashmir issue: Niamey declaration reiterates OIC's principled position: FO

ISLAMABAD: Foreign Office has said that inclusion of Jammu and Kashmir dispute in Niamey Declaration of the 47th...

Updated 30 Nov, 2020 03:24am

HK's top leader piles up cash at home after US sanctions

HONG KONG: Hong Kong leader Carrie Lam says she has to pile up cash at home as she has been unable to open a bank...

Updated 30 Nov, 2020 03:26am

Exchange

Payment of 3 percent fee/charges to CCP: FD's viewpoint given preference

ISLAMABAD: The Federal Cabinet has reportedly given preference to Finance Division's viewpoint over Cabinet ...

Updated 30 Nov, 2020 03:28am

Covid-19 cases: There's no patient on ventilator in AJK, G-B, Balochistan

ISLAMABAD: The National Command and Operation Centre (NCOC) Sunday said that 2829 people were tested Covid positive...

Updated 30 Nov, 2020 03:26am

Indian farmers reject govt appeal to lift blockade

NEW DELHI: Thousands of protesting Indian farmers refused to comply with a government appeal to stop blockading ...

Updated 30 Nov, 2020 03:52am

Currency

Private sector hurt by massive govt borrowing: experts

ISLAMABAD: The government's massive borrowing of Rs1.940 trillion from the banking sector against budgeted Rs338...

Updated 30 Nov, 2020 03:54am

Exchange

Corporate agri farming

EDITORIAL: Prime Minister Imran Khan sought proposals on corporate farming from a delegation of industrialists who...

Published 30 Nov, 2020 02:58am

India has only itself to blame

EDITORIAL: Pakistan has known for a long time that India would try to capture the world's attention by staging a...

Published 30 Nov, 2020 02:58am

Currency

Sudan inflation soars, raising spectre of hyperinflation

CAIRO: Inflation in Sudan has risen to one of the highest levels in the world, and the country risks slipping into...

Updated 30 Nov, 2020 03:31am

Canada blocks certain drug exports in response to US plan

MONTREAL: Canada announced Saturday a ban on exporting certain medicines that are or may soon be in short supply, a...

Updated 30 Nov, 2020 03:33am

Canada grants poultry, egg producers aid over free trade losses

MONTREAL: Canada on Saturday announced aid of Can$691 million (US$531 million) to its poultry and egg producers for...

Updated 30 Nov, 2020 03:36am

Britain expects 'very significant' week for Brexit talks

LONDON: Britain and the European Union are heading into a "very significant" week, British foreign minister Dominic...

Updated 30 Nov, 2020 03:37am

Energy

Norway gas plant resumes exports to Europe

OSLO: Norway's Nyhamna gas export terminal has restarted production and is ramping up output following a shutdown...

Updated 30 Nov, 2020 03:31am

Exchange

China to further expand outbound investor schemes

BEIJING: China plans to roll out an outbound investment scheme to new regions as it looks to meet onshore investors'...

Updated 30 Nov, 2020 03:32am

Currency

Hit by cryptocurrency curbs, Chinese fund managers look elsewhere to ride bitcoin bull

SHANGHAI/HONG KONG: As the price of bitcoin soars, Chinese cryptocurrency asset managers are looking to expand in...

Published 30 Nov, 2020 02:58am

Currency

Nigeria weakens FX rate for exchange bureaux to ease pressure on naira

ABUJA: Nigeria's central bank has weakened the naira by 1.5% to 390 per dollar for exchange bureaux, in an attempt ...

Published 30 Nov, 2020 02:58am

Currency

Turkish lira stuck between bullish foreigners, bearish locals

ANKARA/ISTANBUL, Nov 26 (Reuters) - Turkey's lira is caught in a tug of war between foreign investors, who cheered a...

Published 30 Nov, 2020 02:58am

Currency

Brazil to roll over $11.8 billion FX swaps

BRASILIA: Brazil's central bank will on Tuesday begin the process of rolling over foreign exchange swap contracts...

Published 30 Nov, 2020 02:58am

Money & Banking

Eurozone yields stay low on ECB stimulus expectations

LONDON: German 10-year Bund yields traded near their lowest in three weeks in late Friday trade amid expectations of...

Published 30 Nov, 2020 02:58am

Currency

Long bets on Chinese yuan near 3-year high on vaccine hopes

• Long views on Malaysian ringgit at highest since Sept 17 • Bullish bets on Singapore dollar highest since...

Published 30 Nov, 2020 02:58am

Currency

African currencies week ahead: Kenyan, Zambian, Nigerian currencies seen under pressure

NAIROBI: The currencies of Kenya, Zambia and Nigeria are expected to come under pressure versus the US dollar next...

Published 30 Nov, 2020 02:58am

Industry

SAI demands consistent gas pressure

KARACHI: President SITE Association of Industry (SAI), Abdul Hadi has expressed concern for non-alignment of...

Published 30 Nov, 2020 02:58am

Currency

Digital accounts: Pakistan receives near $2 million daily: SBP chief

DUBAI: A dinner hosted by JS Bank marked the end of State Bank governor's successful trip to promote Roshan Pakistan...

Published 30 Nov, 2020 02:58am

Industry

APTPMA thanks PM for approving textile policy 2020-25

FAISALABAD: All Pakistan Textile Processing Mills Association, (APTPMA) thanked the PM Imran Khan for approving a...

Published 30 Nov, 2020 02:58am

Industry

13 SEZs: Sheikhupura Chamber welcomes approval

LAHORE: Sheikhupura Chamber of Commerce and Industry President Adil Mahmood has welcomed Punjab government's ...

Published 30 Nov, 2020 02:58am

Exchange

Consumer Confidence Index increases by 12 percent: Aleem

LAHORE: Punjab Senior Minister Abdul Aleem Khan has said that Pakistan's Consumer Confidence Index (CCI) increased ...

Updated 30 Nov, 2020 03:32am

Money & Banking

Tax, duties collection today: SBP extends banking hours

KARACHI: The State Bank of Pakistan (SBP) has announced opening of concerned bank branches with extended hours on...

Published 30 Nov, 2020 02:58am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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