News Archives for Print - 2021-02-26

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Print - 2021-02-26

President cautions India: Never take Pakistan lightly

SHORKOT: President Dr Arif Alvi Thursday cautioned India not to take Pakistan lightly as the Pakistan Air Force ...

Published 26 Feb, 2021 05:20am

Ufone partners with STARZPLAY

ISLAMABAD: Keeping customer convenience a top priority, Ufone has partnered with STARZPLAY by Cinepax to provide...

Published 26 Feb, 2021 05:20am

Pensions, other dues demanded: PARC retired scientists, employees threaten to stage march

ISLAMABAD: The Pakistan Agricultural Research Council (PARC) retired scientists and employees, on Thursday,...

Published 26 Feb, 2021 05:20am

Proper maintenance of network: NHA facing shortfall of around Rs45bn annually

ISLAMABAD: The National Highways Authority (NHA) is facing a shortfall of around Rs45 billion annually for proper...

Published 26 Feb, 2021 05:20am

PM urged to allow indoor dining

KARACHI: Athar Sultan Chawla, Vice President, Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and...

Published 26 Feb, 2021 05:20am

Cane commissioner warns defaulting sugar mills

LAHORE: Cane Commissioner Punjab Muhammad Zaman Wattoo has warned the sugar mill owners who have not cleared payment...

Published 26 Feb, 2021 05:20am

VU delegation visits South Punjab

LAHORE: A delegation from the Marketing and ORIC Departments of the Virtual University visited South Punjab. The...

Published 26 Feb, 2021 05:20am

NICVD healthcare network wins 10 CSR awards

KARACHI: It is a great honour for National Institute of Cardiovascular Diseases-NICVD to be bestowed with 10 awards...

Published 26 Feb, 2021 05:20am

‘KP to launch universal vehicle number plate system’

PESHAWAR: “An endeavour to improve provincial revenue through increasing vehicle registration, the provincial...

Published 26 Feb, 2021 05:20am

KP CM okays master plan for UAS

PESHAWAR: KP Chief Minister Mahmood Khan Thursday approved the master plan for establishment of University of...

Published 26 Feb, 2021 05:20am

Govt urged to amend cabinet committee’s decision

KARACHI: Mian Nasser Hyatt Maggo, president of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI),...

Published 26 Feb, 2021 05:20am

Europe

Driverless bus hits streets of Malaga

MÁLAGA, (Spain): A new driverless electric bus has begun operating in the southern Spanish city of Malaga, in a...

Updated 26 Feb, 2021 09:32am

Yellen urges G20 to ‘go big’ with pandemic stimulus

WASHINGTON: The world’s most advanced nations must work in unison both to continue spending to boost the pandemic...

Updated 26 Feb, 2021 09:32am

Xi boasts of Chinese ‘miracle’ in tackling poverty

BEIJING: Chinese President Xi Jinping on Thursday declared his country had achieved the “human miracle” of...

Updated 26 Feb, 2021 09:32am

Europe

Covid blamed for biggest drop in French births in 45 years

PARIS: The number of babies born in France in January fell by 13 percent, the biggest drop in 45 years which...

Updated 26 Feb, 2021 09:32am

Global military spending hit record levels in 2020

LONDON: Global military spending, driven in part by Chinese naval expansion, reached record levels in 2020 despite...

Published 26 Feb, 2021 05:20am

Local taxes collection on behalf of KMC: Murad directs SRB to explore ways, means

KARACHI: Sindh Chief Minister Syed Murad Ali Shah, in order to boost recoveries of Karachi Metropolitan, has ...

Published 26 Feb, 2021 05:20am

SSGC holds first in-person Khuli Kachehri

KARACHI: As the world was plunged into lockdown due to the emergence of Covid-19, the need for new communication...

Published 26 Feb, 2021 05:20am

SHC allows Saifullah Abro to contest Senate election

KARACHI: Sindh High Court (SHC) on Thursday allowed Saifullah Abro to contest the election of senate on technocrat...

Published 26 Feb, 2021 05:20am

Violation of coronavirus SOPs: 9 shops, stores, marriage halls sealed

LAHORE: The Lahore District Administration has sealed nine shops, stores, marriage halls and imposed Rs 22,000 fine...

Published 26 Feb, 2021 05:20am

PPP lawmakers cause ruckus during opposition leader’s speech

KARACHI: The ruling PPP lawmakers caused a ruckus to make the jailed opposition leader’s speech unheard during the...

Published 26 Feb, 2021 05:20am

Faizi Rahimeen Art Gallery and Auditorium: Administrator directs KMC to complete work

KARACHI: Administrator Karachi Laeeq Ahmed on Thursday asked KMC officials concerned to complete the much-delayed...

Published 26 Feb, 2021 05:20am

Anti-corona vaccine: Drive for people above 60 years from March 8: Buzdar

LAHORE: Chief Minister Sardar Usman Buzdar said on Thursday that the foundation of a transparent Pakistan has been...

Published 26 Feb, 2021 05:20am

PARTLY FACETIOUS: Shahbaz and son more relegated...

“So the consensus is that the Former First Daughter has consolidated

Published 26 Feb, 2021 05:20am

Firdous laments over Maryam’s ‘spreading of hatred’

LAHORE: Special Assistant to Chief Minister on Information Dr Firdous Ashiq Awan has lamented PML-N Vice President...

Published 26 Feb, 2021 05:20am

64 coronavirus deaths, 1,361 fresh cases reported

Abdul Rasheed Azad ISLAMABAD: Pakistan on Thursday reported 64 coronavirus deaths and 1,361 Covid-19 cases, taking...

Published 26 Feb, 2021 05:20am

Govt making all-out efforts to improve health services: SAPM

ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Health Dr Faisal Sultan on Thursday said the government...

Published 26 Feb, 2021 05:20am

Senate election: Bilawal, Maryam discuss joint strategy

LAHORE: Pakistan Muslim League-Nawaz (PML-N) and Pakistan People’s Party (PPP) have expressed the resolve to...

Published 26 Feb, 2021 05:20am

AC adjourns case against ex-secy Interior, others

ISLAMABAD: The Accountability Court Islamabad on Thursday adjourned corruption case against a former secretary...

Published 26 Feb, 2021 05:20am

Violence in Afghanistan: Qureshi reiterates Pakistan’s concerns

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi, Thursday, reiterated Pakistan’s concerns over the violence in...

Published 26 Feb, 2021 05:20am

LHC’s directive to Punjab govt

LAHORE: The Lahore High Court here Thursday directed the Punjab government not to create hindrance or harassment for...

Published 26 Feb, 2021 05:20am

All Karachi-leg matches: PCB decides to opt for 50pc spectators

LAHORE: Pursuant to the decision taken by the National Command and Operation Centre (NCOC), the Pakistan Cricket...

Published 26 Feb, 2021 05:20am

Judicial complex in capital: Federal govt directed to start construction work within a month

ISLAMABAD: The Islamabad High Court (IHC), on Thursday directed the federal government to start construction work on...

Published 26 Feb, 2021 05:20am

Qureshi welcomes understanding between DGMOs

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi, on Thursday welcomed the understanding reached between director...

Published 26 Feb, 2021 05:20am

The Weather

KARACHI: The weather report on Thursday (February 25, 2021) and the forecast for Friday (February 26, 2021)....

Published 26 Feb, 2021 05:20am

Letters

IMF MD’s ‘deep’ concern

This is apropos a Business Recorder news item “IMF MD warns Covid-19 leaving some states behind” carried by the...

Published 26 Feb, 2021 05:20am

There’s need for new tax model

The outdated and oppressive tax structures at federal and provincial levels, wasteful expenses, mounting debt...

Published 26 Feb, 2021 05:20am

Issues in farm economy and related markets

‘Before the coronavirus outbreak, food insecurity was already a severe problem. More than 820 million people –...

Published 26 Feb, 2021 05:20am

Huawei, controversial in the West, is going strong in the Gulf

Chinese telecoms giant Huawei is enjoying an extended honeymoon with oil-rich Gulf nations, despite being criticised...

Published 26 Feb, 2021 05:20am

SC to take up IBA’s petition against removal of their chambers

ISLAMABAD: The Supreme Court of Pakistan will take up the Islamabad Bar Association (IBA)’s petition against the...

Published 26 Feb, 2021 05:20am

Akhuwat project: ‘6,000 houses to be constructed by end of year’

ISLAMABAD: A meeting of the National Coordination Committee (NCC) on Construction was informed on Thursday that...

Published 26 Feb, 2021 05:20am

Hashoo Group to launch PC LEGACY Hotel in Hunza

ISLAMABAD: Soon to open in the scenic valley of Nasirabad, Hunza, PC LEGACY Hunza will be the second hotel by Hashoo...

Published 26 Feb, 2021 05:20am

Medical, dental colleges: KP govt increases quota for ex-FATA students

PESHAWAR: The Khyber Pakhtunkhwa government has approved increase in number of seats quota for admission in public...

Published 26 Feb, 2021 05:20am

Naya Pakistan Housing Project: Construction work to start in April

ISLAMABAD: The construction work under Naya Pakistan Housing Project will be started in April, the Public Accounts...

Published 26 Feb, 2021 05:20am

‘ICT is the only place where there is no food regulatory body’

ISLAMABAD: The parliamentarians are committed to the early regulation of food regulatory law for the Islamabad...

Published 26 Feb, 2021 05:20am

Stocks

Nikkei reclaims 30,000-mark

TOKYO: Japan’s Nikkei index closed above the 30,000-mark on Thursday after Federal Reserve Chair Jerome Powell...

Published 26 Feb, 2021 05:20am

Stocks

FTSE 100 climbs

LONDON: London’s FTSE 100 rose on Thursday, helped by mining and energy stocks that tracked higher commodity...

Published 26 Feb, 2021 05:20am

Stocks

Most Gulf indexes rebound

DUBAI: Most bourses in the Gulf rebounded in early trade on Thursday, tracking a rally in global equity markets and ...

Published 26 Feb, 2021 05:20am

Stocks

European shares jump

ROTTERDAM: European shares rose on Thursday, led by sectors expected to benefit from a broader economic recovery, as...

Published 26 Feb, 2021 05:20am

Stocks

China shares up

SHANGHAI: China shares rebounded on Thursday, as strong gains in the property sector helped the market recover from...

Published 26 Feb, 2021 05:20am

Stocks

Thursday’s early trade: Main indexes down as tech shares fall, bond yields rise

NEW YORK: Wall Street’s main indexes edged lower on Thursday as heavyweight technology-related stocks remained...

Published 26 Feb, 2021 05:20am

Stocks

Wall Street advances as Powell soothes inflation worries

NEW YORK: Shares on Wall Street rallied on Wednesday, with the Dow hitting a record high, as a selloff in...

Published 26 Feb, 2021 05:20am

Stocks

Australia shares rise, NZ down

SYDNEY/WELLINGTON: Australian shares closed higher on Thursday, helped by gains in energy and mining stocks as...

Published 26 Feb, 2021 05:20am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 162,675 tonnes of cargo comprising 113,610 tonnes of import cargo and 49,065 ...

Published 26 Feb, 2021 05:20am

Rates.LME

LME official prices

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

Published 26 Feb, 2021 05:20am

Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (February 25, 2021)....

Published 26 Feb, 2021 05:20am

Rates.The Rupee

THE RUPEE: Upward trend persists

KARACHI: After market close on Thursday, Pakistan Rupee continued on its upward trend going up against USD in both...

Published 26 Feb, 2021 05:20am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Thursday (February 25, 2021)....

Published 26 Feb, 2021 05:20am

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 26 Feb, 2021 05:20am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Thursday (February 25, 2021)....

Published 26 Feb, 2021 05:20am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 26 Feb, 2021 05:20am

Rates.PSX

BOARD MEETINGS

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

Published 26 Feb, 2021 05:20am

Rates.PSX

Board meetings in progress

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

Published 26 Feb, 2021 05:20am

Rates.PSX

Dividend/Bonus Announcements

KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange....

Published 26 Feb, 2021 05:20am

Stocks

Last date of renunciation/payment

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

Published 26 Feb, 2021 05:20am

Rates.PSX

Proposed right issues

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

Published 26 Feb, 2021 05:20am

Rates.PSX

Clearing Schedule for T+2 System

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

Published 26 Feb, 2021 05:20am

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 Feb, 2021 05:20am

Rates.EFU

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Thursday (February 25, 2021). ======================== Offer Price...

Published 26 Feb, 2021 05:20am

Rates.EFU

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Thursday (February 25, 2021). ======================== Offer Price...

Published 26 Feb, 2021 05:20am

Rates.EFU

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Thursday (February 25, 2021). ======================== Offer Price...

Published 26 Feb, 2021 05:20am

Rates.JLI

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Thursday (February 25, 2021). ======================== Offer ...

Published 26 Feb, 2021 05:20am

Rates.JLI

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Thursday (February 25, 2021). ======================== Offer Price...

Published 26 Feb, 2021 05:20am

Rates.JLI

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Thursday (February 25, 2021). ======================== Offer Price...

Published 26 Feb, 2021 05:20am

Rates.JLI

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Thursday (February 25, 2021). ======================== Offer Price 1,230.1365...

Published 26 Feb, 2021 05:20am

Rates.JLI

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Thursday (February 25, 2021). ========================...

Published 26 Feb, 2021 05:20am

Rates.JLI

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Thursday (February 25, 2021). ========================...

Published 26 Feb, 2021 05:20am

Rates.KIBOR

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (February 25, 2021). ========================== KIBOR...

Published 26 Feb, 2021 05:20am

Rates.LIBOR

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Thursday (February 25, 2021)....

Published 26 Feb, 2021 05:20am

Cabinet takes stock of situation

ISLAMABAD: Minister for Information and Broadcasting Shibli Faraz on Thursday said that incumbent government is...

Updated 26 Feb, 2021 09:31am

NCC-FFP directs speedy implementation of energy projects

ISLAMABAD: The National Coordination Committee on Foreign-Funded Projects (NCC-FFP), on Thursday directed the line...

Updated 26 Feb, 2021 09:31am

Punjab-based RLNG-fired power plants: Suspension of gas supply contributed to blackout

ISLAMABAD: The countrywide power blackout last month was partially due to suspension of gas supply to three...

Updated 26 Feb, 2021 09:31am

Power arbitration deal likely to be submitted to PM today

ISLAMABAD: Ministry of Privatisation is likely to submit the proposed Arbitration Agreement between Karachi...

Updated 26 Feb, 2021 09:31am

Pakistan joins Madrid System of Trademark

ISLAMABAD: In a landmark achievement, Pakistan joins the Madrid System of Trademark, as a result of years’ efforts...

Updated 26 Feb, 2021 09:31am

KSE-100 Index jumps 603.05 points: BRIndex100 rallies

Rates.BR Index

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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