News Archives for Print - 2021-01-12

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Print - 2021-01-12

Rates.JLI

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Monday (January 11, 2021). ========================...

Published 12 Jan, 2021 03:04am

Japan’s household spending unexpectedly up

TOKYO: Japan’s household spending unexpectedly rose in November, as consumer sentiment showed cautious signs of...

Published 12 Jan, 2021 03:01am

Businesses in Hong Kong want law and order

HONG KONG: International businesses in Hong Kong see law and order as key for investing, a city government official...

Published 12 Jan, 2021 03:01am

South Korea to cut railway CO2 emissions

SEOUL: South Korea aims to cut some 30% of carbon emissions from railway travel by replacing all diesel passenger...

Published 12 Jan, 2021 03:01am

Billionaire Georgia party leader says quitting politics

TBILISI: The billionaire leader of ex-Soviet Georgia’s ruling party, widely seen as the country’s most powerful...

Published 12 Jan, 2021 03:01am

South Asia

India returns Chinese soldier who strayed over border

BEIJING: India has returned a Chinese soldier detained for straying over the contested Himalayan frontier, China's...

Published 12 Jan, 2021 03:01am

Middle East

Yemen's Huthis defiant as US brands rebels 'terrorists'

SANAA: Yemen's Huthis were defiant Monday after the United States said it will designate the Iran-backed rebels as...

Published 12 Jan, 2021 03:01am

South Asia

India's SC chides govt over impasse with protesting farmers

NEW DELHI: India's Supreme Court on Monday criticised the government for failing to break a deadlock with farmers...

Published 12 Jan, 2021 03:01am

Russia says 1.5m vaccinated globally with Sputnik

MOSCOW: Russia announced Monday that 1.5 million people around the world had received its Sputnik V coronavirus...

Published 12 Jan, 2021 03:01am

Vaccination efforts boosted, WHO to probe Covid origins in China

LONDON: Vaccination efforts were boosted Monday as BioNTech planned millions more doses than expected this year and...

Published 12 Jan, 2021 03:01am

New Zealand series defeat: Misbah blames corona-triggered lack of training

LAHORE: Terming the defeat of Team Pakistan in series against New Zealand as disappointing, head coach of the...

Published 12 Jan, 2021 03:01am

HBL PSL 2021 edition: Six franchises confirm their players

LAHORE: The six HBL Pakistan Super League (PSL) sides confirmed their line-ups for the sixth edition of Pakistan...

Published 12 Jan, 2021 03:01am

Middle East

Oman sultan issues new law of succession

MUSCAT: Oman's sultan has issued a new law on the appointment of a crown prince for the first time in the country's...

Published 12 Jan, 2021 03:01am

Middle East

Netanyahu orders new Israeli settlement in West Bank

OCCUPIED JERUSALEM: Israel's prime minister on Monday directed authorities to approve construction of 800 new homes...

Published 12 Jan, 2021 03:01am

Europe

Libyan asylum seeker jailed for life for UK triple murder

LONDON: A Libyan asylum seeker who stabbed three men to death in a rampage through a British park last year was...

Published 12 Jan, 2021 03:01am

Asia

Armenian leader says Karabakh conflict unresolved

MOSCOW: Armenian Prime Minister Nikol Pashinyan said the conflict over Nagorno-Karabakh was still not resolved as he...

Published 12 Jan, 2021 03:01am

Asia

Kazakhstan vote lacked 'genuine' competition: observers

NUR-SULTAN: International election monitors on Monday said a weekend parliamentary poll in Kazakhstan lacked any ...

Published 12 Jan, 2021 03:01am

Europe

Boss of UK virus tracing app to head Royal Mail

LONDON: British postal operator Royal Mail on Monday appointed a former manager of Britain's controversial...

Published 12 Jan, 2021 03:01am

Africa

Tunisia rescues 50 migrants at sea, infant dead

TUNIS: Tunisia's navy rescued 50 migrants from sub-Saharan Africa headed for Italy on Monday, but an infant among...

Published 12 Jan, 2021 03:01am

Europe

Floods swamp roads, damage buildings in Kosovo, Albania

PRISTINA: Days of heavy rain and snow sparked flooding in parts of Kosovo and Albania on Monday as swollen rivers ...

Published 12 Jan, 2021 03:01am

Commissioner inaugurates anti-polio campaign

KARACHI: Anti-polio drive has begun here on Monday. Commissioner Karachi Navid Ahmed Sheikh inaugurated the campaign...

Updated 12 Jan, 2021 09:41am

HEC laments static budget from govt

ISLAMABAD: The Higher Education Commission (HEC) on Monday lamented no increase in its budget from the government to...

Published 12 Jan, 2021 03:01am

Covid-19 cases, mortality rate declining: Umar

ISLAMABAD: While urging the nation to strictly follow the guidelines for curbing the spread of the coronavirus,...

Published 12 Jan, 2021 03:01am

PTI govt believes in taking practical steps: minister

ISLAMABAD: Minister for Aviation Ghulam Sarwar Khan on Monday visited the commissioner office Rawalpindi and chaired...

Published 12 Jan, 2021 03:01am

Park Lane, fake bank accounts cases: AC gives Zardari exemption from personal appearance

ISLAMABAD: An accountability court Monday gave former president Asif Zardari exemption from personal appearance in...

Published 12 Jan, 2021 03:01am

Aafia Siddiqui case: IHC directs MoFA joint secretary to appear before court

ISLAMABAD: The Islamabad High Court (IHC) Monday directed the joint secretary of the Ministry of Foreign Affairs to...

Published 12 Jan, 2021 03:01am

Rana likely to be indicted in drug case on 23rd

LAHORE: A special court for control of narcotics substance on Monday directed the prosecution to provide copies of...

Published 12 Jan, 2021 03:01am

Afghan patients: Pakistan to adopt soft visa procedure: minister

PESHAWAR: KP Minister for Health and Finance, Taimur Saleem Khan Jhagra has said that a soft procedure would be...

Published 12 Jan, 2021 03:01am

Senate session: Mandviwalla wants to move ‘accountability resolution’

ISLAMABAD: Although opposition’s motion against National Accountability Bureau (NAB) was concluded in the Senate...

Published 12 Jan, 2021 03:01am

Asif failed to provide proof of his assets: SAPM

LAHORE: Special Assistant to the Prime Minister on Accountability and Interior Mirza Shahzad Akbar has claimed that...

Published 12 Jan, 2021 03:01am

Pakistan opens borders for Afghan brothers during Covid-19: Speaker

ISLAMABAD: National Assembly Speaker Asad Qaiser said that Pakistan had opened borders for their Afghan brothers...

Published 12 Jan, 2021 03:01am

Corona positivity rate remains 4.47pc in Punjab

LAHORE: The positivity rate of coronavirus cases remained 4.47% in Punjab province, as out of 13,396 tests conducted...

Published 12 Jan, 2021 03:01am

Buzdar resumes official duties after recovery from Covid-19

LAHORE: Chief Minister Punjab Sardar Usman Buzdar has resumed official responsibilities after recovery from corona...

Published 12 Jan, 2021 03:01am

Illegal petroleum retail outlets: Anti-smuggling operation begins

ISLAMABAD: The Pakistan Customs under the auspices of the Ministry of Interior and with the active collaboration of...

Updated 12 Jan, 2021 09:43am

Open balloting in Senate elections: Latif Yousafzai to represent NA in SC

ISLAMABAD: National Assembly Speaker Asad Qaiser on Monday approved Latif Yousafzai as a councillor for the...

Published 12 Jan, 2021 03:01am

10,270 KP students awarded scholarships in five years

PESHAWAR: As many as 10,270 scholarships of various categories have been awarded to the students of Khyber...

Updated 12 Jan, 2021 09:40am

MoE seeks ex post facto approval to regularize HDIP ED’s additional charge

ISLAMABAD: The Ministry of Energy (Petroleum Division) has sought ex-post facto approval of Federal Cabinet to...

Published 12 Jan, 2021 03:01am

Govt mulling granting AGP more independence

ISLAMABAD: The federal government is likely to replace existing Auditor General’s (Functions, Powers and Terms and...

Published 12 Jan, 2021 03:01am

CDC to transform the Dividend Disbursment process by using Raast - A big step to facilitate Capital market investors

BADIUDDAN AKBER, CEO, Central Depository Company of Pakistan Limited In November 2019, State Bank of Pakistan (SBP)...

Updated 12 Jan, 2021 03:34am

Raast - A Critical Piece in the Financial Inclusion Jigsaw

ALI SARFRAZ, CEO, Karandaaz Pakistan It was nearly a decade ago that Pakistan was labelled as the "Laboratory for...

Updated 12 Jan, 2021 03:35am

Raast Instant Payment System, A Step forward for Digitizing Payments in Pakistan

In recent years, digital technologies have changed the way people perform their day to day activities and tasks. ...

Updated 12 Jan, 2021 03:35am

Raast Pakistan's Instant Payment System: Message from Mr. Ali Sarfraz, CEO, Karandaaz Pakistan

Today marks the coming to fruition of the vision, commitment, and contributions by the Government of Pakistan, State...

Updated 12 Jan, 2021 03:35am

Raast Pakistan's Instant Payment System: Message from Dr. Shamshad Akhtar, Chairperson Karandaaz & Former Governor of State Bank of Pakistan and Finance Minister

COVID 19 has provided a fresh impetus to deepen digital financial inclusion so critical for poverty reduction, and...

Published 12 Jan, 2021 03:01am

Raast Pakistan's Instant Payment System: Message from Ms. Sima Kamil, Deputy Governor, State Bank of Pakistan

Digital finance has the potential to provide access to finance for all in a faster, safer and more affordable ...

Updated 12 Jan, 2021 03:36am

Raast Pakistan's Instant Payment System: Message from Dr. Raza Baqir, Governor, State Bank of Pakistan

In recent years, technological innovations and digitization in various sectors of the economy has emerged as a key...

Updated 12 Jan, 2021 03:34am

Raast Pakistan's Instant Payment System: Message from Mr. Imran Khan, Prime Minister, Islamic Republic of Pakistan

I would like to congratulate State Bank of Pakistan for achieving another major milestone of our National Financial...

Updated 12 Jan, 2021 03:33am

The Weather

KARACHI: The weather report on Monday (January 11, 2021) and the forecast for Tuesday (January 12, 2021)....

Updated 12 Jan, 2021 03:39am

Govt trying to steal NFC Award: Bilawal

KARACHI: PPP Chairperson Bilawal Bhutto-Zardari on Monday said the federal government was trying to "steal" the...

Published 12 Jan, 2021 03:01am

Letters

There’s need for strategic economic strategy

This is apropos a Business Recorder op-ed “Economic recovery with high risks” carried by the newspaper last ...

Published 12 Jan, 2021 03:01am

SBP projections for 2020-21

The SBP report on the State of the Economy in the first quarter of 2020-21 has been released recently. The report...

Published 12 Jan, 2021 03:01am

Darkness descends

The people of Pakistan had barely had opportunity to recover their breath after the horrendous massacre of 11 Hazara...

Published 12 Jan, 2021 03:01am

Cancel your weekends! Bitcoin doesn’t rest, and neither can you

Bitcoin doesn’t sleep. On the first sluggish Saturday of 2021, Jan 2, many people were still nursing New Year...

Published 12 Jan, 2021 03:01am

Over Rs1.2trn stimulus package given to businessmen, poor strata: President

ISLAMABAD: President Dr Arif Alvi said the government had provided a financial stimulus package of over Rs1.2...

Published 12 Jan, 2021 03:01am

FFC IT division gets PCI DSS certification

ISLAMABAD: Fauji Fertilizer Company (FFC) reached another milestone when its Corporate IT Data Centre attained...

Published 12 Jan, 2021 03:01am

PCCC facing financial constraints, NA body told

ISLAMABAD: A meeting of the Standing Committee on National Food Security and Research was informed on Monday that ...

Published 12 Jan, 2021 03:01am

PTA advises public

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) advised people to be careful while sharing their...

Published 12 Jan, 2021 03:01am

CDWP approves four projects worth Rs20bn

ISLAMABAD: The Central Development Working Party (CDWP) approved four development projects at the cost of Rs20...

Published 12 Jan, 2021 03:01am

Stocks

Major Gulf markets gain as non-oil sector stocks shine

DUBAI: Major stocks in the Gulf region strengthened on Monday, bucking the global trend, as shares in non-oil ...

Published 12 Jan, 2021 03:01am

Stocks

European stocks down

MILAN/FRANKFURT: European stocks fell from over 10-month highs on Monday after rallying last week, as investors...

Published 12 Jan, 2021 03:01am

Stocks

China stocks lower

SHANGHAI: China stocks closed lower on Monday as worries over Sino-US tensions continued to weigh on the market,...

Published 12 Jan, 2021 03:01am

Stocks

Monday’s early trade: Wall Street retreats from all-time highs

• Twitter slumps after Trump’s account suspension • Boeing falls after 737-500 jet crash • Eli Lilly jumps...

Published 12 Jan, 2021 03:01am

Stocks

Australian, NZ shares fall

SYDNEY/WELLINGTON: Australian shares settled lower on Monday as cases of highly transmissible new COVID-19 variants...

Published 12 Jan, 2021 03:01am

Stocks

FTSE 100 falls on Covid-19 risks

LONDON: The FTSE 100 dropped on Monday as rising coronavirus cases across Europe stoked worries about its near-term...

Published 12 Jan, 2021 03:01am

NUST mountaineer sets new world record by climbing Yazghil Sar peak

ISLAMABAD: Accomplishing yet another feat in the face of hostile weather and imminent quandary vis-à-vis a gigantic...

Published 12 Jan, 2021 03:01am

Ministerial committee formed to monitor law and order

ISLAMABAD: The government has constituted a five-member ministerial committee to monitor law and order amid planned...

Published 12 Jan, 2021 03:01am

Rulers more incompetent than their predecessors, says JI chief

LAHORE: Jamaat-e-Islami Emir Senator Sirajul Haq has said that the PTI government has failed to strengthen the...

Published 12 Jan, 2021 03:01am

Admissions in Masters, M Phil and PhD underway at SU

HYDERABAD: Admissions for Masters, M Phil and PhD in various disciplines are underway at the Sindh University...

Published 12 Jan, 2021 03:01am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 330,646 tonnes of cargo comprising 268,726 tonnes of import cargo and 61,920 ...

Published 12 Jan, 2021 03:01am

Murder of Navy official, policeman: ATC awards jail terms to two accused

KARACHI: An anti-terrorism court on Monday awarded 50 years jail term in aggregate to one accused and 25 years to...

Published 12 Jan, 2021 03:01am

Opposition seeks reasons behind low meat export

KARACHI: Livestock shares about 11 percent to Pakistan's GDP, as the opposition sought reasons behind the low meat...

Published 12 Jan, 2021 03:01am

Anti-polio drive commences in Hyderabad

HYDERABAD: Divisional Commissioner Hyderabad Mohammad Abbas Baloch has said that the complete eradication of...

Published 12 Jan, 2021 03:01am

SHC orders appointment of Copyrights Board chairman

KARACHI: The Sindh High Court (SHC) on Monday ordered appointment of chairman of Copyrights Board and directed the...

Published 12 Jan, 2021 03:01am

Nine more die of Covid-19, 1547 new cases emerged in Sindh

KARACHI: As many as nine more patients of Covid-19 died overnight lifting the death toll to 3,708 and 1547 new cases...

Published 12 Jan, 2021 03:01am

PARTLY FACETIOUS: Fault lies in our predecessors?

"Sometimes I wonder what Shakespeare would have written had he been born in our part of the world." "Shakespeare...

Published 12 Jan, 2021 03:01am

Rates.LME

LME official prices

LONDON: The following were Friday official prices....

Published 12 Jan, 2021 03:01am

Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 11, 2021)....

Published 12 Jan, 2021 03:01am

Rates.The Rupee

THE RUPEE: Falls versus USD

KARACHI: On Monday, after markets closed on first day of the week, Pakistan Rupee recorded fall against US Dollar in...

Published 12 Jan, 2021 03:01am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Monday (January 11, 2021)....

Published 12 Jan, 2021 03:01am

Rates

Cross Transactions between Client to Client & Financial Institutions

KARACHI: The following were the cross transactions between client to client & financial institutions here on...

Published 12 Jan, 2021 03:01am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Monday (January 11, 2021)....

Published 12 Jan, 2021 03:01am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local

Updated 12 Jan, 2021 03:29am

Rates.PSX

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....

Published 12 Jan, 2021 03:01am

Stocks

Last date of renunciation/payment

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

Published 12 Jan, 2021 03:01am

Rates.PSX

Proposed right issues

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

Published 12 Jan, 2021 03:01am

Rates.PSX

Clearing Schedule for T+2 System

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

Published 12 Jan, 2021 03:01am

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 12 Jan, 2021 03:01am

Rates.KIBOR

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (January 11, 2021)

Updated 12 Jan, 2021 03:31am

Rates.LIBOR

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Monday (January 11, 2021)

Updated 12 Jan, 2021 03:31am

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 12 Jan, 2021 03:01am

Rates.LIBOR

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Monday (January 11, ...

Published 12 Jan, 2021 03:01am

Rates.SBP

State Bank of Pakistan conversion rates

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

Published 12 Jan, 2021 03:01am

Cabinet to be briefed today

ISLAMABAD: The Federal Cabinet which is scheduled to meet on Tuesday (Jan 12) with Prime Minister Imran Khan in the...

Published 12 Jan, 2021 03:00am

Discos sell-off, management contract process expedited

ISLAMABAD: The Cabinet Committee on Privatisation (CCoP), Ministry of Privatisation decided to expedite...

Published 12 Jan, 2021 03:00am

KSE-100 Index sheds 48.92 points: BRIndex100 ends flat

Rates.BR Index

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.37
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.06

Stock	Volume
S&P 500 / Apr 18	5011.12
Nasdaq / Apr 18	15601.50
Dow Jones / Apr 18	37775.38
India Sensex / Apr 19	72222.48
Tokyo Nikkei / Apr 19	37068.35
Hang Seng / Apr 19	16205.02
FTSE 100 / Apr 19	7834.89
Germany DAX 30 / Apr 19	17717.67

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Petrol/Litre / Apr 19	293.94
Crude Oil USD/Barrel / Apr 19	84.27
Gold Spot USD/Ounce / Apr 19	2382.04
Diesel/Litre / Apr 19	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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