News Archives for Print - 2021-01-26

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Print - 2021-01-26

Most stressed out nations: PM for SDR step to help alleviate BoP pressures

ISLAMABAD: Prime Minister Imran Khan has emphasised allocation of Special Drawing Rights (SDRs) of $500 billion to...

Updated 26 Jan, 2021 09:51am

Family members, lawyers allowed to meet Khwaja Asif in jail

LAHORE: An accountability court on Monday allowed family members and lawyers of former defence minister Khwaja...

Published 26 Jan, 2021 05:05am

Two projects worth Rs3.26bn approved: CDWP agrees on one concept clearance proposal of Rs808m by JICA

ISLAMABAD: The Central Development Working Party (CDWP) approved two projects at the cost of Rs3.26 billion and...

Updated 26 Jan, 2021 09:59am

Pakistan becomes locust-free, claims parliamentary secretary

ISLAMABAD: Parliamentary Secretary for National Food Security and Research Ameer Sultan said Pakistan has become a...

Published 26 Jan, 2021 05:05am

Covid-19 safety measures: Daraz, IRD join hands to spread awareness

KARACHI: Daraz has collaborated with global health delivery and research network Interactive Research Development...

Published 26 Jan, 2021 05:05am

Trader shot dead in robbery bid

KARACHI: A trader was shot dead while resisting a robbery bid in Karachi on Monday. According to the police, the...

Updated 26 Jan, 2021 09:57am

Rear Admiral Abid takes over as PN Commander Logistics

KARACHI: Rear Admiral Abid Hameed has taken over the Logistic Command of Pakistan Navy in an impressive change of...

Updated 26 Jan, 2021 09:58am

60-acre land designated for two new graveyards: administrator

KARACHI: Administrator Karachi Laeeq Ahmed on Monday said that 60-acre land has been designated for establishing two...

Published 26 Jan, 2021 05:05am

Sindh ready to take over HESCO and SEPCO: Murad

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that his government was ready to take Hyderabad Electric...

Published 26 Jan, 2021 05:05am

MCC East clears one and half dozens vehicles on false documents

KARACHI: Model Customs Collectorate (MCC) East has illegally cleared one and half dozens vehicles on false documents...

Published 26 Jan, 2021 05:05am

40kg gold seized at airports in 2020: ASF

KARACHI: The Airport Security Force (ASF) on Monday issued an annual performance report for 2020 showing details of...

Published 26 Jan, 2021 05:05am

PPP welcomes newly elected legislator from Umerkot

KARACHI: The ruling PPP on Monday staged long speeches to welcome its newly elected legislator to the Sindh ...

Published 26 Jan, 2021 05:05am

SHC approves Durrani’s interim bail

KARACHI: The Sindh High Court (SHC) on Monday approved the interim bail of Agha Siraj Durrani, Speaker of the Sindh...

Published 26 Jan, 2021 05:05am

Country report on NBFI and Modaraba sector launched at IBA

KARACHI: Country report on NBFI & Modaraba sector prepared by IBA-CEIF in collaboration with NBFI & Modaraba...

Published 26 Jan, 2021 05:05am

Sindh govt, LEAs cooperated with heirs of Kareema Baloch: minister

KARACHI: Sindh government, Rangers and other law enforcement agencies have fully cooperated with the heirs of Late...

Updated 26 Jan, 2021 09:57am

Iraq hangs three convicted of ‘terrorism’

NASIRIYAH: Three Iraqis convicted of “terrorism” were hanged on Monday, a security source said, days after a...

Published 26 Jan, 2021 05:05am

US Supreme Court ends Trump foreign earnings cases

WASHINGTON: The US Supreme Court on Monday shut down lawsuits claiming Donald Trump violated constitutional bars...

Published 26 Jan, 2021 05:05am

US leading race in AI, China rising

WASHINGTON: The United States is leading rivals in development and use of artificial intelligence while China is...

Published 26 Jan, 2021 05:05am

India and China suffer new casualties in border flareup

NEW DELHI: Indian and Chinese troops fought a new brawl on their contested Himalayan border that left injuries on...

Published 26 Jan, 2021 05:05am

China was largest recipient of FDI in 2020

BENGALURU: China was the largest recipient of foreign direct investment in 2020 as the coronavirus outbreak spread...

Published 26 Jan, 2021 05:05am

Greece, France sign warplane deal in message to Turkey

ATHENS: Greece and France signed a 2.5-billion-euro ($3 billion) warplane deal on Monday as part of a burgeoning ...

Published 26 Jan, 2021 05:05am

EU slams AstraZeneca vaccine delay, urges transparency

BRUSSELS: The EU angrily warned drugs firm AstraZeneca on Monday that delays to agreed deliveries of the coronavirus...

Published 26 Jan, 2021 05:05am

Dubai restaurants offer discounts for vaccinated diners

DUBAI: Dubai restaurants have begun offering discounts to customers who have been inoculated against coronavirus,...

Published 26 Jan, 2021 05:05am

New blow to French vaccine effort with Pasteur setback

PARIS: French efforts to develop a Covid-19 vaccine suffered a fresh blow on Monday when the renowned Pasteur...

Published 26 Jan, 2021 05:05am

Moderna jab ‘protective’ against variants as global borders tighten

PARIS: US biotech firm Moderna said Monday its vaccine should remain protective against key coronavirus variants...

Published 26 Jan, 2021 05:05am

Estonia gets first female PM

TALLINN: Pro-business europhile Kaja Kallas is to be Estonia’s first female prime minister after parliament on...

Published 26 Jan, 2021 05:05am

US warships conduct exercises in South China Sea

WASHINGTON: A US aircraft carrier group sailed into the South China Sea on a so-called “freedom of navigation”...

Published 26 Jan, 2021 05:05am

Biden overturns Trump ban on transgender US troops

WASHINGTON: US President Joe Biden on Monday overturned Donald Trump’s ban on transgender personnel serving in the...

Published 26 Jan, 2021 05:05am

Biden to close ‘Made in America’ loophole, spur manufacturing

WASHINGTON: US President Joe Biden will sign an executive order Monday giving American companies and products...

Published 26 Jan, 2021 05:05am

AJK PM terms India terrorist state and fraud democracy

MUZAFFARABAD: Prime Minister of Azad Jammu and Kashmir (AJK) Raja Farooq Haider Khan Monday termed India ...

Updated 26 Jan, 2021 09:59am

Digital media for good governance, leadership role discussed

ISLAMABAD: A delegation of media academics from the AMCAP called on Deputy Speaker National Assembly Qasim Suri, ...

Published 26 Jan, 2021 05:05am

Pakistan to approve Russian Sputnik Covid-19 vaccine for emergency use

ISLAMABAD: Pakistan is all set to approve the Russian Sputnik Covid-19 vaccine for emergency use, a government...

Published 26 Jan, 2021 05:05am

US goal to squeeze more Covid shots from Pfizer vials hampered by syringe production

NEW YORK: The world’s largest syringe maker does not have the capacity to substantially increase US supplies of...

Published 26 Jan, 2021 05:05am

Series against South Africa: Pakistan can rise to fifth position in Test rankings

LAHORE: Pakistani skipper Babar Azam has an opportunity to make an immediate impact as Pakistan’s 34th Test ...

Published 26 Jan, 2021 05:05am

LUMS to open campus as per SOPs from Feb 1st

LAHORE: The Lahore University of Management Sciences (LUMS) has announced to open its campus from February 1 as per...

Published 26 Jan, 2021 05:05am

Weather surveillance radar installation in Sindh: Japan to provide grants worth $19m

ISLAMABAD: The Government of Japan has agreed to provide grants approximately worth 1,986 million Japanese Yen...

Published 26 Jan, 2021 05:05am

Qureshi phones Afghan counterpart

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi Monday spoke with his Afghan counterpart Hanif Atmar, and expressed...

Updated 26 Jan, 2021 10:02am

Release of accused in Daniel Pearl’s murder: SC declines Sindh govt’s request to grant stay against SHC order

ISLAMABAD: The Supreme Court on Monday declined the Sindh government’s request to grant stay against the Sindh ...

Published 26 Jan, 2021 05:05am

Pink Residency case: AC records statement of prosecution witness

ISLAMABAD: An accountability court hearing multi-billion rupees fake bank accounts case against Omni Group’s Abdul...

Published 26 Jan, 2021 05:05am

Osama Satti murder case: Custody of ATS officials given to police for 3 days

ISLAMABAD: An Anti-Terrorism Court (ATC) on Monday handed over custody of five officials of the Islamabad’s...

Published 26 Jan, 2021 05:05am

PTI fails to complete NA quorum

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) on Monday failed to complete the quorum in the National Assembly...

Updated 26 Jan, 2021 10:01am

Public Sector Development Programme: Only 4.62pc of allocated funds utilised for new projects

ISLAMABAD: The government has managed to utilise only 4.62 percent of the allocated funds for the new projects in ...

Published 26 Jan, 2021 05:05am

PML-N condemns govt’s plans for auctioning public parks, playgrounds

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) secretary information Marriyum Aurangzeb has strongly condemned the...

Published 26 Jan, 2021 05:05am

Mercury drops to 8 degrees Celsius in Karachi

KARACHI: The minimum temperature in the city on Monday morning dropped to 08º Celsius as north eastern Siberian...

Updated 26 Jan, 2021 10:02am

42x cantonment boards: MoD seeks govt’s approval to hold LG elections

ISLAMABAD: Ministry of Defence (MoD) has sought approval of the federal government to hold local government ...

Published 26 Jan, 2021 05:05am

Bakhtawar celebrates 31st birthday

KARACHI: The eldest daughter of former prime minister Shaheed Mohtarma Benazir Bhutto and former president Asif Ali...

Published 26 Jan, 2021 05:05am

PARTLY FACETIOUS: But age is not reversible, according to Khushal Khan Khattak

“Is a degree reversible?” “Everything is reversible.” “Age is not reversible.” “Indeed but I meant...

Published 26 Jan, 2021 05:05am

Petrol smuggling: LCCI body lauds PM’s steps

LAHORE: Lahore Chamber of Commerce and Industry (LCCI) Standing Committee on FMCG Sector’s Convener Mohammad Ijaz...

Published 26 Jan, 2021 05:05am

Punjab reports 607 Covid-19 new cases, 7 deaths

LAHORE: The positivity rate of Covid-19 witnessed a slight decline to 3.85 percent, as out of total 15,760 tests...

Published 26 Jan, 2021 05:05am

Awareness campaign should be launched on conserving water: CM

LAHORE: Punjab Chief Minister Sardar Usman Buzdar has said that overcoming the wastage of water is a collective...

Updated 26 Jan, 2021 10:00am

Stakeholders propose ‘farmer portal’ for decision-making

LAHORE: Stakeholders proposed to set up a “farmer portal” containing real-time information for decision making ...

Updated 26 Jan, 2021 10:04am

Punjab Assembly: Treasury, opposition slam govt over poor law & order situation

LAHORE: The government on Monday laid Punjab Punnah Gah Ordinance 2021 and The King Edward Medical University Lahore...

Updated 26 Jan, 2021 10:02am

‘Typhoid Conjugate Vaccine’ drives in Punjab from Feb 1

LAHORE: Announcing the launch of ‘Typhoid Conjugate Vaccine’ drive from 1st February to 15th February during...

Published 26 Jan, 2021 05:05am

Letters

Political instability

This is apropos a Business Recorder op-ed “Risks to global economic recovery” carried by the newspaper last...

Published 26 Jan, 2021 05:05am

Wall Street-friendly rules: Congressional Democrats face challenges in repealing

With Democrats controlling the Senate, progressives want to repeal the Trump administration’s Wall Street-friendly...

Published 26 Jan, 2021 05:05am

Afghanistan ‘peace’ deal review

With the change from Donald Trump to Joe Biden at the helm in Washington, the expected review if not reversal of ...

Published 26 Jan, 2021 05:05am

Rise in federal govt debt

The SBP has released the number on the stock of Federal Government debt as of the end of November 2020. This debt ...

Published 26 Jan, 2021 05:05am

Australian HC expresses confidence over boosting relations

ISLAMABAD: Australian High Commissioner to Pakistan, Dr Geoffrey Shaw on Monday expressed his confidence over ...

Updated 26 Jan, 2021 09:59am

Senate team meets Djibouti ministers

ISLAMABAD: The three-member Senate delegation on Monday met the ministers of Foreign Affairs, Budget, and Commerce ...

Published 26 Jan, 2021 05:05am

Task Force recommends facilitating traders at Chaman border

ISLAMABAD: A follow up meeting of Task Force of Executive Committee of Pakistan Afghanistan Parliamentary Friendship...

Updated 26 Jan, 2021 10:01am

Jam Kamal visits Washuk

QUETTA: Balochistan Chief Minister Mir Jam Kamal Khan on Monday paid a detailed visit to Washuk district along with...

Updated 26 Jan, 2021 10:00am

FATF president urged to remove Pakistan’s name from grey list

ISLAMABAD: Senate Standing Committee on Interior Chairman Senator Abdul Rehman Malik has asked the Financial Action...

Published 26 Jan, 2021 05:05am

5.2 magnitude earthquake jolts Mansehra, other KP areas

MANSEHRA: A 5.2-magnitude earthquake jolted several parts of Khyber Pakhtunkhwa in the wee hours of Monday morning....

Published 26 Jan, 2021 05:05am

SCO, AKF (Pak) sign MoU to improve IT, digital infrastructure in GB

ISLAMABAD: A Memorandum of Understanding (MoU) was signed between Special Communications Organization (SCO) and the...

Published 26 Jan, 2021 05:05am

WCLA partners up with Bookmee for online tickets

LAHORE: The Walled City of Lahore Authority (WCLA) has partnered with Bookme, an e-ticketing platform, to provide...

Published 26 Jan, 2021 05:05am

PJBF celebrates 20 years of its existence

KARACHI: Pakistan Japan Business Forum (PJBF) launched in 2001 is celebrating its 20-years of existence in 2021. ...

Published 26 Jan, 2021 05:05am

SLIC introduces cheque drop box facility for policyholders

KARACHI: State Life has introduced the facility of cheque deposit in all its zonal offices for the ease and...

Published 26 Jan, 2021 05:05am

SECP’s eServices integrated with Pakistan MNP database

KARACHI: To further improve the security of electronic filings and company registration process, the Securities and...

Published 26 Jan, 2021 05:05am

Teachers, scholars should focus on modern, digital methods: SAU VC

HYDERABAD: Vice Chancellor of Sindh Agriculture University (SAU), Tandojam, Dr Fateh Marri said that food problems...

Published 26 Jan, 2021 05:05am

70pc of Ehsaas Kafalat Programme survey completed: Sania

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

Published 26 Jan, 2021 05:05am

Hyderabad DC for expediting anti-polio vaccination drive

HYDERABAD: The Divisional Commissioner Hyderabad Muhammad Abbas Baloch has directed the all Deputy Commissioners and...

Published 26 Jan, 2021 05:05am

Upcoming Covid-19 vaccination drive: Health professionals provided training, NCOC told

ISLAMABAD: The National Command and Operation Center (NCOC) was informed on Monday that the authorities have ...

Published 26 Jan, 2021 05:05am

Stocks

China stocks surge

SHANGHAI: China shares ended higher on Monday, underpinned by consumer and liquor stocks, though gains were limited...

Published 26 Jan, 2021 05:05am

Stocks

Monday’s early trade: Nasdaq scales new high ahead of big-tech earnings

NEW YORK: he Nasdaq index hit a record high on Monday as investors remained optimistic at the start of a busy week ...

Published 26 Jan, 2021 05:05am

Stocks

Japanese shares gain

TOKYO: Japanese shares rose on Monday, erasing early losses, led by tech and pharma stocks as US futures rose on...

Published 26 Jan, 2021 05:05am

Stocks

Travel stocks pull FTSE 100 lower

LONDON: London’s FTSE 100 fell on Monday, with travel stocks leading the declines, as rising coronavirus ...

Published 26 Jan, 2021 05:05am

Privatisation: Electricity workers observe countrywide Protest Day

ISLAMABAD: Electricity workers on Monday observed “protest day against privatization” across the country under...

Published 26 Jan, 2021 05:05am

PDWP approves five more uplift schemes worth Rs19,025.715m

LAHORE: The Punjab Provincial Development Working Party on Monday approved five development schemes of roads and...

Published 26 Jan, 2021 05:05am

GCC-approved medical centers exploiting consumers: POEPA

ISLAMABAD: The Pakistan Overseas Employment Promoters Association (POEPA) protested Monday that the GCC-approved...

Published 26 Jan, 2021 05:05am

Yarn Prices

Karachi Yarn Market Rate

KARACHI: Karachi Yarn Market Rates on Monday (January 25, 2021). ======================================= CONES...

Published 26 Jan, 2021 05:05am

The Weather

KARACHI: The weather report on Monday (January 25, 2021) and the forecast for Tuesday (January 26, 2021)....

Published 26 Jan, 2021 05:05am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on Monday...

Published 26 Jan, 2021 05:05am

Stocks

Electronic/credit of dividend warrants/bonus/right share certificates

KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates....

Published 26 Jan, 2021 05:05am

Stocks

Last date of renunciation/payment

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

Published 26 Jan, 2021 05:05am

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 26 Jan, 2021 05:05am

Rates.BR Index

PSX again exceeds 46,000 level: BRIndex100 edges up

KARACHI: Despite foreign selling, Pakistan Stock Exchange Monday witnessed a bullish trend on the back of healthy...

Published 26 Jan, 2021 05:05am

Energy

LNG terminals, pipelines: APCNGA seeks ‘capacity allocation’ on long-term

ISLAMABAD: All Pakistan Compressed Natural Gas Association (ACNGA) Monday urged the government to allocate capacity...

Published 26 Jan, 2021 05:05am

Energy

UGDC proposes long-term LNG allocation, pipeline capacity

ISLAMABAD: A special purpose company, Universal Gas Distribution Company (Pvt) Limited (UGDC) has proposed the...

Published 26 Jan, 2021 05:05am

Energy

Cairn Energy threatens to enforce arbitration award against Indian assets overseas

NEW DELHI: Cairn Energy has begun to take steps to identify Indian assets overseas against which it can enforce the...

Published 26 Jan, 2021 05:05am

Commodities

Iron ore falls as China battles fresh Covid-19 outbreak

MANILA: Iron ore futures fell on Friday as near-term demand prospects darkened in top steel producer China, which is...

Published 26 Jan, 2021 05:05am

Commodities

PMEX daily trading report

KARACHI: On Friday, at PMEX the traded value of metals, energy, COTS/FX and indices was recorded at PKR 12.708...

Published 26 Jan, 2021 05:05am

Grains

European wheat falls to ten-day low

PARIS: European wheat ended the week at a 10-day low, erasing all gains recorded in the first part of the week when...

Published 26 Jan, 2021 05:05am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 348,496 tonnes of cargo comprising 224,716 tonnes of import cargo and 123,780...

Published 26 Jan, 2021 05:05am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Monday (January 25, 2021)....

Published 26 Jan, 2021 05:05am

Cotton & Textile

Trading activity remains firm on cotton market

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

Published 26 Jan, 2021 05:05am

Panther Tyres to issue 40m ordinary shares

Stocks

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 28	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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