News Archives for Print - 2021-03-12

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Print - 2021-03-12

Telecom sector gets status of industry thru relief package

• Govt decides to increase IT exports to $5bn by 2023 ISLAMABAD: The government Thursday announced a...

Updated 12 Mar, 2021 10:08am

Four trucks loaded with counterfeit cigarettes seized

ISLAMABAD: The joint efforts of the Federal Board of Revenue (FBR) and Azad Kashmir tax authorities has resulted in...

Updated 12 Mar, 2021 10:08am

PC Board reviews progress on sell-offs of various entities

ISLAMABAD: Federal Minister for Privatization, Mohammedmian Soomro Thursday chaired the Privatization Board ...

Updated 12 Mar, 2021 10:08am

IHC defers misconduct proceedings against 21 lawyers

ISLAMABAD: The Islamabad High Court (IHC) on Thursday deferred the misconduct proceedings against 21 lawyers for...

Updated 12 Mar, 2021 10:08am

PTI expels two MPAs over violation of party discipline

KARACHI: Pakistan Tehreek-e-Insaf (PTI) Sindh wing on Thursday has expelled its MPAs Muhammad Aslam Abro and ...

Updated 12 Mar, 2021 10:08am

SCB launches agri-entrepreneur programme

KARACHI: Standard Chartered Bank has launched an agri-entrepreneur programme in Pakistan to support young people...

Updated 12 Mar, 2021 10:08am

Charges of clubs don’t fall under purview of Sales Tax on Services Act, 2011

KARACHI: The Sindh High Court (SHC) on Thursday ruled that monthly and annual membership/entrance fee and...

Updated 12 Mar, 2021 10:08am

Emergency response department: KMC inks MoU with Sindh Police

KARACHI: Administrator Karachi Laeeq Ahmed on Thursday said that to uplift Karachi Metropolitan Corporation’s...

Updated 12 Mar, 2021 10:08am

Target-killers network unearthed in Karachi

KARACHI: Rangers and Counter Terrorism Department (CTD) Karachi in a joint operation have unearthed a network of...

Updated 12 Mar, 2021 10:08am

Railways launches ‘Premium Container Train’ with online booking

KARACHI: In an unprecedented development aimed at modernising its freight service, Pakistan Railways (PR) on ...

Updated 12 Mar, 2021 10:08am

4th Sindh Literature Festival begins today

KARACHI: A three-day fourth Sindh Literature Festival (SLF) which is being jointly organised by the Sindh Literary...

Updated 12 Mar, 2021 10:08am

Promotion of livestock, agriculture helps eradicate poverty: minister

HYDERABAD: Provin-cial Minister for Livestock and Fisheries Engineer Abdul Bari Pitafi has said that real ...

Updated 12 Mar, 2021 10:08am

Experts warn of hunger, poverty due to climate change

KARACHI: The world has only 10 years to bring a radical turn to their economies and social structures to cope with a...

Updated 12 Mar, 2021 10:08am

SHC suspends jail term of ex-senator in fake degree case

HYDERABAD: The Sindh High Court (SHC) suspended on Thursday the Badin District and Sessions court’s verdict that...

Updated 12 Mar, 2021 10:08am

Report on procurement sought

ISLAMABAD: A sub-committee of Public Accounts Committee (PAC) on Thursday sought report on procurement of Rs205...

Updated 12 Mar, 2021 10:08am

Coronavirus positivity rate surges to 7.51pc in Punjab

LAHORE: As many as 33 more coronavirus patients lost their lives across Punjab during the last 24 hours taking the...

Updated 12 Mar, 2021 10:08am

LDA City: Chinese co-led consortium to construct Naya Pakistan apartments

LAHORE: A Chinese company-led consortium is set to construct Naya Pakistan apartments in LDA City as the Lahore...

Updated 12 Mar, 2021 10:08am

Senate chairman election: PML-N senators receiving ‘anonymous’ phone calls: Maryam

LAHORE: Pakistan Muslim League-Nawaz (PML-N) senators are receiving ‘anonymous’ phone calls asking not to vote...

Updated 12 Mar, 2021 10:08am

UN chief warns of risk of famine for millions around the world

UNITED NATIONS: Millions of people around the world risk dying of hunger and the Covid-19 pandemic and climate ...

Updated 12 Mar, 2021 10:08am

US weekly jobless claims at four-month low; labour market slowly improving

WASHINGTON: The number of Americans filing new claims for jobless benefits dropped to a four-month low last week as...

Updated 12 Mar, 2021 10:09am

India sees worst Covid-19 increase since Christmas

BENGALURU/MUMBAI: India reported its worst single-day increase in COVID-19 cases since late December on Thursday, as...

Updated 12 Mar, 2021 10:09am

AstraZeneca jab faces suspensions as world marks pandemic anniversary

THE HAGUE: Several countries suspended the use of AstraZeneca’s vaccine on Thursday over blood clot fears,...

Updated 12 Mar, 2021 10:09am

US warship transits Taiwan Strait after admiral’s China invasion warning

TAIPEI: A US warship sailed through the Taiwan Strait, the American navy said Thursday, a day after a top US...

Updated 12 Mar, 2021 10:09am

Two sailors die after cargo ship sinks

BUCHAREST: Two Ukrainian sailors died and a third went missing when a cargo ship sank in the Black Sea off Romania ...

Updated 12 Mar, 2021 10:09am

US stimulus offers ‘significant’ boost to global economy: IMF

WASHINGTON: US President Joe Biden’s massive stimulus program is expected to boost US economic growth and also ...

Updated 12 Mar, 2021 10:09am

Nine killed in Myanmar as junta accuses Suu Kyi of taking illegal payments

YANGON: Nine protesters were shot dead in Myanmar Thursday as the junta reacted to international condemnation of its...

Updated 12 Mar, 2021 10:09am

Spain declares delivery riders to be staff, in EU first

MADRID: Spain’s government announced Thursday a deal that will recognise riders working for delivery firms such as...

Updated 12 Mar, 2021 10:09am

RAW involved in abduction of Habib: FO

ISLAMABAD: Pakistan on Thursday welcomed the United States’ new push for the UN-led peace effort in Afghanistan ...

Published 12 Mar, 2021 05:10am

Educational institutions closed in Peshawar for two weeks

PESHAWAR: Education Minister, Sharam Khan Tarakai announced on Thursday that all primary and elementary schools will...

Updated 12 Mar, 2021 10:07am

PM orders secretaries to visit Balochistan every month

ISLAMABAD: Prime Minister Imran Khan on Thursday directed all federal secretaries to visit Balochistan to monitor ...

Updated 12 Mar, 2021 10:07am

PM to have authority designating principal accounting officer

ISLAMABAD: The Prime Minister shall have the authority to designate any officer as principal accounting officer on...

Updated 12 Mar, 2021 10:07am

Sustainable Development Goals: Higher broadband connectivity, financial resources needed: Munir

ISLAMABAD: Pakistan’s Permanent Representative to the United Nations Munir Akram Thursday said developing Islamic...

Updated 12 Mar, 2021 10:07am

Ehsaas Programme: Various components dedicated to empowering women: Sania

ISLAMABAD: Special Assistant to Prime Minister on Poverty Alleviation and Social Protection Dr Sania Nishtar on...

Updated 12 Mar, 2021 10:07am

Barrister Maleeka selected WEFYGL for 5 years

ISLAMABAD: Parliam-entary Secretary for Law and Justice Barrister Maleeka Bokhari has been selected as World ...

Updated 12 Mar, 2021 10:07am

Elahi reiterates support to Sanjrani

LAHORE: Speaker Punjab Assembly Ch Pervez Elahi called on Chief Minister Punjab Sardar Usman Buzdar, here on ...

Updated 12 Mar, 2021 10:07am

APNS expresses concern over govts media policies

KARACHI: The All Pakistan Newspapers Society (APNS) expressed its grave concern over the disastrous effects of the...

Updated 12 Mar, 2021 10:07am

Govt wants to bring reforms to ensure fair elections: Shibli

ISLAMABAD: Federal Minister for Information and Broadcasting Shibli Faraz on Thursday said the government wants to...

Updated 12 Mar, 2021 10:07am

AC adjourns hearing of Toshakhana case till 18th

ISLAMABAD: The Accountability Court on Wednesday adjourned hearing of Toshakhana case involving former president ...

Updated 12 Mar, 2021 10:07am

Opposition senators receiving threatening calls: PPP

ISLAMABAD: Pakistan Peoples Party (PPP) on Thursday claimed that opposition senators are receiving threatening...

Updated 12 Mar, 2021 10:07am

Bilawal ‘explains’ why he supported Sanjrani in 2018

ISLAMABAD: Chairman Pakistan People’s Party (PPP) Bilawal Bhutto Zardari on Thursday alleged that his party...

Updated 12 Mar, 2021 10:07am

Cheques distributed

LAHORE: A ceremony was held at the Al-Hamra Arts Council on Thursday to distribute cheques of grants in aid to...

Updated 12 Mar, 2021 10:07am

National Accreditation Council for Technical and Vocational Stream established

ISLAMABAD: National Vocational and Technical Training Commission has established National Accreditation Council for...

Updated 12 Mar, 2021 10:08am

NA panel approves 3 govt-sponsored bills

ISLAMABAD: A meeting of the National Assembly’s Standing Committee on Maritime Affairs Thursday approved three...

Updated 12 Mar, 2021 10:08am

NA speaker takes notice of scuffle outside Parliament

ISLAMABAD: Speaker National Assembly Asad Qaiser has taken notice of the scuffle involving Pakistan Muslim...

Updated 12 Mar, 2021 10:08am

Bid to smuggle narcotics from Afghanistan foiled

ISLAMABAD: Model Customs Collectorate, Appraisement & Facilitation, Peshawar has foiled an attempt to smuggle...

Updated 12 Mar, 2021 10:08am

Letters

‘Offers and counter-offers’

This is apropos a Business Recorder editorial “Offers and counter-offers” carried by the newspaper yesterday. ...

Published 12 Mar, 2021 05:10am

Picture brightens for commercial EVs on rising demand from delivery customers

Electric van and bus maker Arrival is wrestling with the global pandemic like other UK firms, but not because of a...

Published 12 Mar, 2021 05:10am

Dealing effectively with climate change crisis

‘When representatives from nearly 200 countries finalized the Paris climate agreement on December 12, 2015, there...

Published 12 Mar, 2021 05:10am

Recouping tax losses judiciously — I

“Judicial overreach is when the judiciary starts interfering with the proper functioning of the legislative or...

Published 12 Mar, 2021 05:10am

AWC Institute upgradation ceremony: Alvi for optimum preparedness to counter modern warfare

KARACHI: President Dr Arif Alvi on Thursday called for full national preparedness, based on quick information and...

Published 12 Mar, 2021 05:10am

LHC CJ seeks details of properties owned by Hafeez

LAHORE: The Lahore High Court Chief Justice on Thursday while hearing a petition against the appointment of advisors...

Published 12 Mar, 2021 05:10am

Stocks

Dubai leads most of Gulf higher; Saudi index dips

DUBAI: Stock markets in the United Arab Emirates ended higher on Thursday, on the back of financials and energy...

Published 12 Mar, 2021 05:10am

Stocks

European shares hit new one-year peak

MILAN/LONDON: European stocks hit a new one-year high on Thursday as worries about a spike in inflation eased, while...

Published 12 Mar, 2021 05:10am

Stocks

China stocks jump

SHANGHAI: China stocks jumped on Thursday, as better-than-expected February bank lending data lifted market ...

Published 12 Mar, 2021 05:10am

Stocks

Thursday’s early trade: Dow index hit an all-time high

NEW YORK: The blue-chip Dow index hit an all-time high for the fourth straight session on Thursday as worries about...

Published 12 Mar, 2021 05:10am

Stocks

Dow hits record in stock rally

NEW YORK: The S&P 500 rose on Wednesday and the blue-chip Dow hit a record high after tepid consumer price data...

Published 12 Mar, 2021 05:10am

Stocks

Japanese shares up

TOKYO: Japanese shares closed higher on Thursday as investors picked up beaten-down cyclical stocks, although gains...

Published 12 Mar, 2021 05:10am

Stocks

Miners, energy stocks lift UK shares

LONDON: British shares rose on Thursday, as higher commodity prices boosted mining and energy stocks after the ...

Published 12 Mar, 2021 05:10am

Access to WeBOC would make things easier: ANF commandant

KARACHI: The Commandant of the Anti-Narcotics Force (ANF), Brig Syed Waqar Haider Rizvi, has said that the ANF’s...

Published 12 Mar, 2021 05:10am

Dengue-free Pakistan: Carrefour Pakistan, Mortein join hands

KARACHI: Carrefour Pakistan and Mortein, a product of Reckitt Benckiser Pakistan, have joined hands to drive a...

Published 12 Mar, 2021 05:10am

FCEPL supports LRBT in fund raising for children

KARACHI: Friesl-andCampina Engro Pakistan Limited (FCEPL) participated in the fourth Layton Rahmatullah Benevolent...

Published 12 Mar, 2021 05:10am

The Weather

KARACHI: The weather report on Thursday (March 11, 2021) and the forecast for Friday (March 12, 2021)....

Published 12 Mar, 2021 05:10am

Rates.The Rupee

THE RUPEE: No change

KARACHI: On Thursday after market close, PKR remained unchanged against USD in both interbank and open markets. It...

Published 12 Mar, 2021 05:10am

Rates

Revised Rates of Debt Securities

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

Published 12 Mar, 2021 05:10am

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 Mar, 2021 05:10am

Rates

Member to Member

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

Published 12 Mar, 2021 05:10am

Stocks

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

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

Published 12 Mar, 2021 05:10am

Stocks

Last date of renunciation/payment

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

Published 12 Mar, 2021 05:10am

Rates.PSX

Clearing Schedule for T+2 System

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

Published 12 Mar, 2021 05:10am

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 Mar, 2021 05:10am

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 Mar, 2021 05:10am

Rates.SBP

State Bank of Pakistan conversion rates

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

Published 12 Mar, 2021 05:10am

Rates.BR Index

PSX falls below 43,000-level: BRIndex100 bleeds

KARACHI: Pakistan Stock Exchange Thursday again nosedived due to panic selling in almost all sectors on investors...

Published 12 Mar, 2021 05:10am

Cotton & Textile

PTEA chief concerned at cotton yarn crisis

FAISALABAD: Unavaila-bility of cotton yarn and non-payment of duty drawback of taxes and income tax refunds is...

Published 12 Mar, 2021 05:10am

Commodities

Gold price up Rs2,900 per tola

KARACHI: Gold prices on Thursday gained a huge stimulation on the local market, traders said. The precious metal...

Published 12 Mar, 2021 05:10am

Rs51bn increase in consumer car financing seen

KARACHI: The consumer car financing has witnessed a significant rise of Rs51 billion amid attractive interest rates...

Updated 12 Mar, 2021 10:06am

Captive Power Plants: APTMA requests govt to revisit its gas moratorium decision

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has approached Prime Minister Imran Khan requesting him to...

Updated 12 Mar, 2021 10:07am

Netanyahu shelves UAE trip

OCCUPIED JERUSA-LEM: Israeli Prime Minister Benjamin Netanyahu cancelled a historic visit to the United Arab ...

Updated 12 Mar, 2021 10:07am

Corporate income tax exemptions: Withdrawal causes Rs10bn revenue impact

ISLAMABAD: The withdrawal of corporate income tax exemptions available to the industrial undertakings under section...

Updated 12 Mar, 2021 10:07am

Access to TikTok app blocked

ISLAMABAD: The government has blocked access to TikTok app in Pakistan in compliance with the Peshawar High Court...

Updated 12 Mar, 2021 10:07am

Commodities

ICE canola futures dip

WINNIPEG, (Manitoba): ICE canola futures fell sharply on Wednesday, halting an 8-day winning streak, on long...

Published 12 Mar, 2021 05:10am

Commodities

Prices in Vietnam pick up; Indonesian premiums rise

HANOI: Vietnamese coffee prices picked up on a rebound in London prices, while Indonesian premiums rose ahead of ...

Published 12 Mar, 2021 05:10am

Grains

Egypt’s GASC seeks wheat in tender for shipment

CAIRO: Egypt’s state grains buyer, the General Authority for Supply Commodities (GASC), set a tender on Wednesday...

Published 12 Mar, 2021 05:10am

Commodities

Brazil to offer farmers incentives to plant more summer corn in 2021/2022

SAO PAULO: The Brazilian government will introduce measures to boost production of next season’s summer corn, ...

Published 12 Mar, 2021 05:10am

Commodities

Asia rice: Strong demand boosts Indian rates; Bangladesh seeks supplies

VIETNAM: India’s rice export prices rose this week on robust demand, with exporters also expecting a fillip from a...

Published 12 Mar, 2021 05:10am

Commodities

Philippines tenders for 385,000 tonnes of feed wheat

HAMBURG: Importers in the Philippines are tendering to purchase up to 385,000 tonnes of animal feed wheat, European...

Published 12 Mar, 2021 05:10am

Commodities

Dryness wallops Argentina’s 2020/21 soy crop forecast

BUENOS AIRES: Soybean crops in key parts of Argentina’s farm belt are getting pounded by a yield-shriveling...

Published 12 Mar, 2021 05:10am

Commodities

South Korea’s NOFI tenders to buy up to 207,000 tonnes of corn

HAMBURG: South Korea’s largest feedmaker Nonghyup Feed Inc. (NOFI) has issued an international tender to purchase...

Published 12 Mar, 2021 05:10am

Commodities

China’s soymeal futures tumble on African swine fever resurgence fears

BEIJING: China’s soymeal futures slumped on Thursday on growing concerns that a resurgence in African swine fever...

Published 12 Mar, 2021 05:10am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 120,347 tonnes of cargo comprising 58,781 tonnes of import cargo and 61,566 tonnes...

Published 12 Mar, 2021 05:10am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Thursday (March 11, 2021)....

Published 12 Mar, 2021 05:10am

Cotton & Textile

Firmness persisted on local cotton market

KARACHI: The local cotton market remained stable on Thursday. Market sources told that trading volume was also...

Published 12 Mar, 2021 05:10am

Grains

Notification on wheat support price

KARACHI: The Government of Sindh Food Department has notified that with the approval of the Sindh Cabinet accorded ...

Published 12 Mar, 2021 05:10am

Aaj TV - Friday'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...

Updated 12 Mar, 2021 10:07am

Rates.LME

LME official prices

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

Published 12 Mar, 2021 05:10am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Thursday (March 11, 2021)....

Published 12 Mar, 2021 05:10am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (March 11, 2021)...

Published 12 Mar, 2021 05:10am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (March 11, 2021). ======================================= Offset...

Published 12 Mar, 2021 05:10am

Rates.Ports

Shipping Intelligence

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

Published 12 Mar, 2021 05:10am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (March 11, 2021). ======================== Bid Rate ...

Published 12 Mar, 2021 05:10am

Previous Day

Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value
Petrol/Litre / Jan 1	252.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 14 786 Investments Limited(786)	8.07 ▲ 1.00 (14.14%)
F.Credit & Inv / Dec 14 First Credit and Investment Bank Limited(FCIBL)	8.69 ▲ 1.00 (13.00%)
LSE Financial Serv. / Dec 14 LSE Financial Services Limited(LSEFSL)	15.14 ▲ 1.38 (10.03%)
United Brands / Dec 14 United Brands Limited(UBDL)	24.84 ▲ 2.26 (10.01%)
Arpak Int. / Dec 14 Arpak International Investments Ltd.(ARPAK)	76.32 ▲ 6.94 (10.00%)
Biafo Ind. / Dec 14 Biafo Industries Limited(BIFO)	190.43 ▲ 17.31 (10.00%)
Data Agro / Dec 14 Data Agro Limited(DAAG)	104.61 ▲ 9.51 (10.00%)
Fecto Cement / Dec 14 Fecto Cement Limited(FECTC)	120.47 ▲ 10.95 (10.00%)
Honda Atlas Cars / Dec 14 Honda Atlas Cars (Pakistan) Limited(HCAR)	336.11 ▲ 30.56 (10.00%)

Stock	Price
First Capital Equities / Dec 14 First Capital Equities Limited(FCEL)	5 ▼ -0.76 (-13.19%)
Blue-Ex Ltd / Dec 14 Blue-Ex Limited (GEM)(GEMBLUEX)	32.99 ▼ -3.66 (-9.99%)
Crescent Fib. / Dec 14 Crescent Fibres Limited(CFL)	39.60 ▼ -4.37 (-9.94%)
Mughal Energy / Dec 14 Mughal Energy Limited(GEM)(GEMMEL)	21 ▼ -1.65 (-7.28%)
Askari Bank / Dec 14 Askari Bank Limited(AKBL)	37.56 ▼ -2.93 (-7.24%)
First AL-Noor Mod. / Dec 14 First Al-Noor Modaraba(FANM)	3.25 ▼ -0.24 (-6.88%)
First Elite Cap.Mod / Dec 14 First Elite Capital Modaraba(FECM)	6.45 ▼ -0.45 (-6.52%)
Haseeb Waqas / Dec 14 Haseeb Waqas Sugar Mills Limited(HWQS)	12.01 ▼ -0.83 (-6.46%)
K.S.B.Pumps / Dec 14 KSB Pumps Company Limited(KSBP)	151 ▼ -9.98 (-6.20%)

Stock	Volume
WorldCall Telecom / Dec 14 Worldcall Telecom Limited(WTL)	232,925,553 ▼ -0.01
Cnergyico PK / Dec 14 Cnergyico PK Limited(CNERGY)	80,186,381 ▼ -0.14
Pak Int.Bulk / Dec 14 Pakistan International Bulk Terminal(PIBTL)	75,005,438 ▲ 0.61
K-Electric Ltd. / Dec 14 K-Electric Limited(KEL)	59,689,845 ▲ 0.06
Fauji Foods Ltd / Dec 14 Fauji Foods Limited(FFL)	49,273,861 ▼ -0.03
Treet Corp / Dec 14 Treet Corporation Limited(TREET)	47,769,775 ▲ 2.23
Lotte Chemical / Dec 14 Lotte Chemical Pakistan Limited(LOTCHEM)	45,989,291 ▼ -1.12
Sui South Gas / Dec 14 Sui Southern Gas Company Limited(SSGC)	38,442,527 ▼ -1.06
Power Cement / Dec 14 Power Cement Limited(POWER)	37,680,570 ▲ 0.57

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