News Archives for Print - 2021-03-08

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Print - 2021-03-08

Fly me to the Moon: Japan billionaire offers space seats

TOKYO: It’s the sort of chance that comes along just once in a blue Moon: a Japanese billionaire is throwing open ...

Updated 08 Mar, 2021 09:25am

Resilient Thari women smacking taboos

HYDERABAD: The International Women’s Day brings some great stories all around, but the women of Thar have unique...

Updated 08 Mar, 2021 09:20am

Jazz Business Golf Outing 2021 held

KARACHI: The Jazz Business Golf Outing 2021 was organized at the Airmen Golf Club, Karachi Sunday. The one-day event...

Updated 08 Mar, 2021 09:20am

PTF chairman passes away

KARACHI: Chairman of Pukhtoon Thinkers Forum (PTF) and the former president of Awami National Party (ANP) Karachi...

Updated 08 Mar, 2021 09:20am

Biden signs order aimed at making voting easier

WASHINGTON: US President Joe Biden on Sunday signed an executive order aimed at making it easier for Americans to...

Updated 08 Mar, 2021 09:25am

Royal row reaches a head as Harry and Meghan speak to Oprah

LONDON: Britain’s royal family on Sunday braced for further revelations from Prince Harry and his American wife,...

Updated 08 Mar, 2021 09:25am

Myanmar protesters rally after overnight raids on opposition figures

YANGON: Thousands of Myanmar anti-coup demonstrators defied an ongoing military crackdown Sunday, following ...

Updated 08 Mar, 2021 09:25am

Opposition claims victory as Ivory Coast counts votes

ABIDJAN: Ivory Coast’s main opposition party on Sunday claimed victory in a legislative election in the West...

Updated 08 Mar, 2021 09:25am

Jordan cabinet reshuffle after virus rule breach

AMMAN: Jordan’s King Abdullah II reshuffled the government Sunday, with 10 ministers out including those of the...

Updated 08 Mar, 2021 09:25am

US will do ‘what’s necessary’ after Iraq rocket attack: Pentagon chief

WASHINGTON: The United States will “do what’s necessary” to defend itself, Pentagon chief Lloyd Austin said...

Updated 08 Mar, 2021 09:25am

Karachi Citizens’ Forum holds panel discussion

KARACHI: Karachi Citizens’ Forum held a panel discussion on priorities to resolve the long festering civic problem...

Updated 08 Mar, 2021 09:19am

Sehat Sahulat Cards: ‘Balochistan, Sindh and G-B should facilitate people’

KARACHI: “It’s a fact that Islamic Banking system has seen a significant growth during the last two decades , we...

Updated 08 Mar, 2021 09:20am

PPPP invites applications

KARACHI: Pakistan Peoples Party Parliament-arians (PPPP) has invited applications for party ticket for NA-249...

Updated 08 Mar, 2021 09:20am

Sindh reports 189 new Covid-19 cases

KARACHI: At least 2 more patients of coronavirus died overnight lifting the death toll to 4,426 and 189 new cases...

Updated 08 Mar, 2021 09:19am

HBL-PSL VI: PCB names fact-finding panel to review bio-secure protocols

LAHORE: Infectious disease experts ...

Published 08 Mar, 2021 05:45am

Khan largely lost confidence of masses: JI chief

LAHORE: Though the prime minister secured the vote of confidence from the National Assembly, Khan has largely lost...

Updated 08 Mar, 2021 09:20am

Training programme for auditors concludes

LAHORE: A 14-day training programme for enhancing capabilities of auditors in audit reports was concluded at the...

Updated 08 Mar, 2021 09:20am

GDIB Awards 2021: Diversity Hub-HR Metrics announces winners

ISLAMABAD: Diversity Hub-HR Metrics has announced the winners of the 2021 annual GDIB Awards. Diversity Hub-HR...

Updated 08 Mar, 2021 09:20am

Public complaints: Buzdar reprimands South Punjab secretaries

LAHORE: Punjab Chief Minister Usman Buzdar has expressed indignation over the performance of Southern Punjab...

Updated 08 Mar, 2021 09:19am

Shab-e-Mairaj to be observed on Thursday

ISLAMABAD: Shab-e-Miraj-un-Nabi (SAW) would be observed across the country on Thursday night (March 11) with...

Updated 08 Mar, 2021 09:20am

ISPR’s new promo highlights Quaid’s message of independence

RAWALPINDI: The Inter Services Public Relations (ISPR) on Sunday released a new promo of national song highlighting...

Updated 08 Mar, 2021 09:20am

Massive human rights abuses: Pakistan takes India to task at UNHRC

ISLAMABAD: Pakistan has once again laid before the United Nations Human Rights Council (UNHRC) the ever worsening...

Updated 08 Mar, 2021 09:19am

Opposition rejects vote of confidence, demands fresh polls

PESHAWAR: Opposition parties on Sunday rejected the confidence vote cast in favour of Prime Minister Imran Khan...

Updated 08 Mar, 2021 09:20am

Vaccination for 60 years, above starts from Wednesday

ISLAMABAD: The head of National Command and Operations Centre (NCOC) Asad Umar on Sunday said that Covid-19...

Updated 08 Mar, 2021 09:20am

SHO martyred in firing

RAWALPINDI: Station House Officer (SHO) Rawalpindi Race Course police station was martyred in firing of unidentified...

Updated 08 Mar, 2021 09:20am

HEC announces scholarships for Balochistan

ISLAMABAD: The Higher Education Commission (HEC) has invited students from Balochistan to apply for LLB, LLM and PhD...

Updated 08 Mar, 2021 09:19am

NA Speaker condemns PTI activists, PML-N leaders clash

ISLAMABAD: The Speaker National Assembly Asad Qaiser on Sunday condemned the incident that occurred outside the...

Updated 08 Mar, 2021 09:20am

Hafeez’s defeat termed no confidence against govt, PM

PESHAWAR: ANP general secretary and spokesman of Pakistan Democratic Movement (PDM) Mian Iftikhar Hussain said the...

Updated 08 Mar, 2021 09:20am

PM’s vote of confidence: Maryam accuses PTI of availing agencies’ help

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) vice president Maryam Nawaz on Sunday accused the government of...

Updated 08 Mar, 2021 09:19am

Property-related crimes: Police arrest 83 accused in capital

ISLAMABAD: Eighty three persons involved in crimes related to property were held besides recovery of valuables worth...

Updated 08 Mar, 2021 09:20am

Exorbitant fee of ICT colleges’ deprive students of higher education

ISLAMABAD: The exorbitant fee structure of Islamabad Capital Territory (ICT) colleges in comparison to the provinces...

Updated 08 Mar, 2021 09:20am

The Weather

KARACHI: The weather report on Sunday (March 7, 2021) and the forecast for Monday (March 8, 2021)....

Updated 08 Mar, 2021 09:20am

Sindh Women Agriculture Workers Act, 2019: HWA concerned over Sindh’s lack of will to implement

HYDERABAD: On International Women’s Day, in a press conference at Hyderabad Press Club, Hari Welfare Association...

Updated 08 Mar, 2021 09:19am

Rates.BR Index

PSX witnesses mixed trend: BRIndex-100 edges up

KARACHI: Pakistan Stock Exchange witnessed mixed trend during the outgoing week ended on March 05, as the investors...

Published 08 Mar, 2021 05:45am

Rates.BR Index

Futures spread declines 11.13pc

KARACHI: The futures spread declined by 486bps to 11.13 percent on the last day of outgoing week. Trading activities...

Published 08 Mar, 2021 05:45am

China exports spike to highest in decades

BEIJING: China's export growth jumped to the highest in over two decades, official data showed Sunday, with imports...

Updated 08 Mar, 2021 09:15am

Amendment in sales tax clause: NMS operators seek help from AEDB

ISLAMABAD: Net Metering System (NMS) operators have sought help from Alternative Energy Development Board (AEDB) for...

Updated 08 Mar, 2021 09:15am

Bilawal says everyone wants to get rid of ‘Wasim Akram Plus’

LAHORE: PPP chairperson Bilawal Bhutto-Zardari has expressed optimism that the joint candidate of the Pakistan...

Updated 08 Mar, 2021 09:15am

Finance Amendment Bill 2021: 80 income tax exemptions to be withdrawn

ISLAMABAD: The proposed Finance Amendment Bill 2021 to be tabled before the Parliament would extend the facility of...

Updated 08 Mar, 2021 09:15am

‘Peace more powerful than war’, Pope tells residents of Mosul

MOSUL, (Iraq): Muslim and Christian residents in the ruined Iraqi city of Mosul told Pope Francis of their lives...

Published 08 Mar, 2021 05:45am

ToRs of Arbitration Agreement: Govt, KE fail to evolve consensus

ISLAMABAD: The Federal Government and Karachi Electric (KE) have reportedly failed to evolve consensus on the Terms...

Updated 08 Mar, 2021 09:23am

One killed, 40 hurt as bogies of Karachi Express derail

SUKKUR: A female passenger was killed while 30 other passengers got injured after nine bogies of Lahore-bound ...

Updated 08 Mar, 2021 09:23am

Swiss agree to outlaw facial coverings in ‘burqa ban’ vote

ZURICH: A far-right proposal to ban facial coverings in Switzerland won a narrow victory in a binding referendum on...

Updated 08 Mar, 2021 09:22am

Simplified taxation, economic growth: FPCCI submits proposals to PM

ISLAMABAD: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has submitted proposals to the Prime...

Updated 08 Mar, 2021 09:22am

UK calls on Iran to release dual national

LONDON: The UK government on Sunday called for the immediate release of a British-Iranian woman after her five-year...

Updated 08 Mar, 2021 09:22am

Senate chairman slot: Bilawal fails to get PML-Q support

LAHORE: Pakistan Peoples’ Party (PPP) Chairman Bilawal Bhutto-Zardari on Sunday failed to get support from ...

Updated 08 Mar, 2021 09:22am

Houthis say they fire missiles at Saudi oil, military facilities

SANAA: Yemen's Houthi forces on Sunday fired drones and missiles at a Saudi Aramco oil company facility at Ras ...

Updated 08 Mar, 2021 09:23am

Letters

‘Global vaccine justice – II’

This is apropos a Business Recorder op-ed “Global vaccine justice – II” carried by the newspaper on Saturday....

Published 08 Mar, 2021 05:45am

The criticality of growth

Administrations the world over focus on keeping their economy well oiled. In times of a recession, be it the outcome...

Published 08 Mar, 2021 05:45am

Saviours of corruption

SOS. Save our Souls, No. Rather, Sell our Souls. That is the current status of the horse and cattle show in the...

Published 08 Mar, 2021 05:45am

Space-starved Singapore builds floating solar farms in climate fight

Thousands of panels glinting in the sun stretch into the sea off Singapore, part of the land-scarce city-state’s...

Published 08 Mar, 2021 05:45am

Pakistan for renewed global cooperation against crime to achieve SDGs

UNITED NATIONS: The President of United Nations Economic and Social Council (ECOSOC), Pakistan’s Ambassador Munir...

Updated 08 Mar, 2021 09:19am

Economy strengthening, says Alvi

LAHORE: President Dr Arif Alvi Sunday said the economy was strengthening with every passing day because of a...

Updated 08 Mar, 2021 09:19am

Governance structure: Balochistan govt initiates revamping

ISLAMABAD: The Balochistan government has initiated multiple digital programmes aimed to revamp governance structure...

Updated 08 Mar, 2021 09:19am

Bosnian envoy, KP minister discuss trade, bilateral ties

PESHAWAR: The Ambassador of Bosnia and Herzegovina to Pakistan, Sakib Foric called on KP Minister for Health and...

Updated 08 Mar, 2021 09:19am

KE commits to enabling greater gender-diversity, inclusion

KARACHI: International Women’s Day 2021 is an opportunity to recognize and celebrate the contribution and...

Updated 08 Mar, 2021 09:19am

Renovations of Basant Hall being carried out

HYDERABAD: Necessary repairs, renovations are being carried out under the Sindh Government’s Endowment Fund Trust...

Updated 08 Mar, 2021 09:19am

Commodities

Sustainable rice production: Exporters for ensuring decent working conditions

ISLAMABAD: Rice Partners Pvt Ltd (RPL) one of the top rice exporters of Pakistan in collaboration with Helvetas...

Published 08 Mar, 2021 05:45am

Commodities

Farmers urge govt to fix tobacco rate at Rs300/kg

ISLAMABAD: The associations of the farmers Sunday urged the government to fix the tobacco rate at Rs300 per kilogram...

Published 08 Mar, 2021 05:45am

Egypt blue-chip index climbs

DUBAI: Saudi Arabia’s stock market ended higher on Sunday, mirroring Friday’s jump in crude prices, while...

Published 08 Mar, 2021 05:45am

Reflation trades in FX markets expected to continue in March

BENGALURU: The reflation trade that spooked currency markets and threw them into disarray will be in play for at...

Published 08 Mar, 2021 05:45am

Japanese investors dump record amount of bonds

TOKYO: Japanese investors sold a record amount of foreign bonds late last month, with banks seen dumping US bonds,...

Published 08 Mar, 2021 05:45am

Stocks

New era of volatility begins, but equity inflows continue: BofA

LONDON: Investors poured billions of dollars into high-flying stocks even as the ongoing bond market rout led to...

Published 08 Mar, 2021 05:45am

Stocks

Wall Street week ahead: Investors weigh how far tech stocks can slide after volatile week

NEW YORK: As US technology shares stumble, investors are debating whether the decline is an opportunity to scoop up...

Published 08 Mar, 2021 05:45am

Cotton & Textile

Weekly Cotton Review: Mixed trend witnessed in markets

KARACHI: Mixed trend was witnessed in local and international cotton markets. Extra ordinary fluctuation was seen in...

Published 08 Mar, 2021 05:45am

Cotton & Textile

PRGMEA demands import of cotton yarn from India

LAHORE: The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) on Sunday asked the...

Published 08 Mar, 2021 05:45am

Commodities

Prices of chicken, eggs and grocery items increased

PESHAWAR: A sharp increase in prices of live chicken/meat, eggs, sugar, flour, vegetable, cooking oil and other...

Published 08 Mar, 2021 05:45am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time)

Published 08 Mar, 2021 05:45am

Rates.Banks

Returns on Profit and Loss Sharing Investment Bank Accounts (JULY TO DEC 2020)

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

Published 08 Mar, 2021 05:45am

Rates.The Rupee

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (March 1 to 5,...

Published 08 Mar, 2021 05:45am

Two urea plants: Ministry seeks Rs2bn grant for subsidy

ISLAMABAD: The Ministry of Industries and Production (MoI&P) has sought over Rs2 billion supplementary grant for...

Updated 08 Mar, 2021 09:15am

Govt steps up criticism of opposition after trust vote

ISLAMABAD: Declaring the 11-party alliance Pakistan Democratic Alliance (PDM) a ‘force of darkness and...

Updated 08 Mar, 2021 09:15am

Broadsheet body chairman: Summary on pay, allowances moved

ISLAMABAD: The Federal Government is to pay the same salary and allowances to Chairman one man Commission of Inquiry...

Updated 08 Mar, 2021 09:15am

Tax to GDP ratio: decline persists

EDITORIAL: Development Policy Series in collaboration with the World Bank during a webinar titled “Unlocking...

Published 08 Mar, 2021 05:45am

PSL postponement

EDITORIAL: It is disappointing for fans, players and the Pakistan Cricket Board (PCB) alike that Pakistan Super...

Published 08 Mar, 2021 05:45am

Companies

Airbus not to lay off staff in Germany, France or UK

PARIS: Airbus said Thursday that it would be able to avoid forced redundancies in Germany, France and Britain as the...

Updated 08 Mar, 2021 09:16am

Companies

Germany to fine companies for rights violations abroad

BERLIN: Germany on Wednesday took a step towards forcing companies to take responsibility for any labour or...

Updated 08 Mar, 2021 09:16am

Companies

Amazon opens ‘contactless’ UK grocery store

LONDON: Amazon on Thursday launched its first “just walk out shopping” outlet outside the United States, as the...

Updated 08 Mar, 2021 09:15am

Companies

VW brand doubles sales targets for electric vehicles

BERLIN: The flagship VW brand of German automobile giant Volkswagen said Friday it hoped electric vehicles would...

Updated 08 Mar, 2021 09:15am

Companies

Microsoft sets stage for mixed-reality future

SAN FRANCISCO: Microsoft set the stage for a future in which long-distance coworkers can collaborate as though in ...

Updated 08 Mar, 2021 09:16am

Money & Banking

Cryptocurrency trading volumes spike 17pc in Feb

LONDON: Cryptocurrency trading volumes soared by 17% last month in the wake of Tesla’s $1.5 billion bitcoin bet,...

Updated 08 Mar, 2021 09:16am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

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

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

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

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