News Archives for Print - 2021-12-01

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Print - 2021-12-01

Omicron vaccine could get nod in four months: EU watchdog

BRUSSELS: Vaccines specially adapted for the new Omicron coronavirus variant could be approved in three to four...

Published 01 Dec, 2021 03:52am

Qureshi terms borrowing from IMF ‘slavery’

ISLAMABAD: Terming borrowing from the International Monetary Fund (IMF)”, “slavery”, Foreign Minister Shah...

Published 01 Dec, 2021 03:52am

CM inaugurates tea shop, literary museum and ‘adabi baithak’

LAHORE: Chief Minister Punjab Sardar Usman Buzdar inaugurated a tea shop, Punjab’s first literary museum and adabi...

Published 01 Dec, 2021 03:52am

First phase of ‘Water Resources Accountability’ launched

LAHORE: The first phase of “Water Resources Accountability in Pakistan” was launched here on Tuesday for...

Published 01 Dec, 2021 03:52am

Afghan regional peace: COAS emphasizes need for global convergence

RAWALPINDI: Chief of Staff Bahrain National Guard (BNG) Major General Sheikh Abdul Aziz Bin Saud Al Khalifa called ...

Published 01 Dec, 2021 03:52am

TDAP holds webinar for tobacco exporters

KARACHI: Trade Development Authority of Pakistan organized a webinar on orientation of Pakistan Single Window...

Published 01 Dec, 2021 03:52am

NA body on national security to meet on Monday

ISLAMABAD: National Assembly Speaker Asad Qaiser has convened an important meeting of the Parliamentary Committee on...

Published 01 Dec, 2021 03:52am

PML-N for placing name of NAB chairman on ECL

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) Secretary General Ahsan Iqbal on Tuesday requested the ...

Updated 01 Dec, 2021 09:49am

Governor urges world community to support crisis-ridden Afghans

LAHORE: Under the leadership of Prime Minister Imran Khan, Pakistan played an exemplary role in the Afghan peace...

Published 01 Dec, 2021 03:52am

APAT calls off protest against taxation measures

ISLAMABAD: The All Pakistan Anjuman-e-Tajiran (APAT), Tuesday, called off their protest in Islamabad, while enroute...

Published 01 Dec, 2021 03:52am

Body on Agri Transformation Plan: Dr Abid Suleri made national convener

ISLAMABAD: Prime Minister Imran Khan has appointed Dr Abid Qaiyum Suleri, Member Prime Minister’s Economic ...

Published 01 Dec, 2021 03:52am

Tarin for rationalising salaries, allowances on basis of performance

ISLAMABAD Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin said that current model for pay and...

Published 01 Dec, 2021 03:52am

7 NAB officials promoted

ISLAMABAD: Seven National Accountability Bureau (NAB) officers holding key posts have been promoted to BPS-21....

Published 01 Dec, 2021 03:52am

Pentagon plans ‘stronger’ US posture toward China, Russia

WASHINGTON: The US military will reinforce deployments and bases directed at China and Russia, while maintaining...

Published 01 Dec, 2021 03:52am

Europe

Barcelona fire kills four

BARCELONA: A fire ripped through an abandoned bank occupied by squatters in central Barcelona on Tuesday, killing...

Published 01 Dec, 2021 03:52am

Asia

Azerbaijan says 14 dead in military helicopter crash

BAKU: Fourteen people died Tuesday in an Azerbaijani military helicopter crash which went down in the east of the...

Published 01 Dec, 2021 03:52am

Putin warns Russia will act if NATO crosses its ‘red lines’ in Ukraine

MOSCOW: President Vladimir Putin said on Tuesday that Russia would be forced to act if its “red lines” on ...

Published 01 Dec, 2021 03:52am

Regeneron’s antibody drug may be less effective against Omicron

NEW YORK: Regeneron Pharmaceuticals Inc’s COVID-19 antibody drug could be less effective against Omicron, it said...

Published 01 Dec, 2021 03:52am

India grows fastest among major economies, Omicron risks seen

NEW DELHI: India grew at the fastest pace of any major economy in the July-September quarter but economists said...

Published 01 Dec, 2021 03:52am

US revokes terrorist designation for Colombia’s FARC

WASHINGTON: The United States revoked its designation of the Colombian group the Revolutionary Armed Forces of...

Published 01 Dec, 2021 03:52am

US judge sentences wife of ‘El Chapo’ to three years in prison

WASHINGTON: A US judge sentenced the wife of imprisoned Mexican drug kingpin Joaquin “El Chapo” Guzman to three...

Published 01 Dec, 2021 03:52am

Pandemic crisis: Developing states must be provided with adequate means: Qureshi

ISLAMABAD: Foreign Minister Shah Mehmood Qureshi on Tuesday said that the world is confronted with triple crises:...

Published 01 Dec, 2021 03:52am

Talks begin with Canadian firm to settle Reko Diq dispute

ISLAMABAD: The Government of Pakistan (GoP) and M/s Barrick Gold PLC Canada are said to have started negotiations to...

Updated 01 Dec, 2021 10:36am

Supernet, PAKSAT sign strategic partnership

KARACHI: Supernet Limited (Supernet), Pakistan’s largest satellite communications systems integrator and service...

Published 01 Dec, 2021 03:52am

LHC orders WASA to confirm employment of 50 daily wagers

LAHORE: The Lahore High Court on Tuesday disposed of 50 petitions of daily wagers of Water and Sanitation Authority...

Published 01 Dec, 2021 03:52am

‘Give Gwadar its Right Movement’ Women’s protest in Gwadar must be taken with seriousness: JI chief

LAHORE: Chief of Jamaat-e-Islami Sirajul Haq has said the protest of women in Gwadar reflects the seriousness of...

Updated 02 Dec, 2021 12:32am

Turkish CG visits Dawlance factory in Karachi

KARACHI: Dawlance is the leading producer of home-appliances and electronics in Pakistan, which is a wholly owned...

Published 01 Dec, 2021 03:52am

Need stressed to raise income of common man

KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum ...

Published 01 Dec, 2021 03:52am

State-owned land: Govt determined to remove all encroachments: Farrukh

ISLAMABAD: Minister of State for Information and Broadcasting Farrukh Habib on Tuesday said the government is...

Published 01 Dec, 2021 03:52am

PFA confiscates 3,452 kg of ‘tainted’ ketchup, mayonnaise

LAHORE: The Punjab Food Authority (PFA) on Tuesday checked four food production units and confiscated 3,452 ...

Published 01 Dec, 2021 03:52am

USF facing problems in Balochistan, erstwhile FATA

ISLAMABAD: The Universal Service Fund (USF) is facing security issues in some areas of erstwhile FATA and ...

Published 01 Dec, 2021 03:52am

Govt employees defer protest drive after ‘successful’ talks

ISLAMABAD: The All Government Employees Grand Alliance (AGEGA) Tuesday postponed their protest drive till February...

Updated 01 Dec, 2021 08:46pm

India’s rapeseed output may jump on higher area

MUMBAI: India’s rapeseed and mustard output is likely to jump 16% to a record high in 2021/22 on conducive weather...

Published 01 Dec, 2021 03:52am

EFP lauds IMF decision on govt borrowing

KARACHI: The president of Employer’s Federation of Pakistan said the decision of IMF is a manifestation and EFP...

Published 01 Dec, 2021 03:52am

Buzdar vows to help resolve ‘genuine’ issues of business community

LAHORE: Announcing to resolve genuine issues of business community, Chief Minister Punjab Sardar Usman Buzdar said ...

Published 01 Dec, 2021 03:52am

The Weather

KARACHI: The weather report on Tuesday (November 30, 2021) and the forecast for Wednesday (December 1, 2021)....

Published 01 Dec, 2021 03:52am

Govt, tour operators: Hajj quota will be distributed in the 60:40 ratio, panel told

ISALAMABAD: A parliamentary panel was informed on Tuesday that under the Hajj Policy 2022, the Hajj quota will be...

Published 01 Dec, 2021 03:52am

Agreement with IMF will further fuel inflation: Khaqan

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) senior vice president and former premier Shahid Khaqan Abbasi said ...

Published 01 Dec, 2021 03:52am

ECP allowed to hold LG polls in KP as per schedule

ISLAMABAD: The apex court allowed the Election Commission of Pakistan (ECP) to hold Local Government elections in...

Published 01 Dec, 2021 03:52am

PTI govt has turned national economy into ‘debt economy’: Shehbaz

LAHORE: Terming the country’s economic condition as alarming, Pakistan Muslim League-Nawaz (PML-N) president...

Published 01 Dec, 2021 03:52am

Reply sought from LRB secretary

LAHORE: The Lahore High Court sought reply from secretary Lahore Race Club (LRB) till December 02 in a petition...

Published 01 Dec, 2021 03:52am

PARTLY FACETIOUS: Monetary policy is not a detail

“We have yet to reach the communication technology of today.” “Hey it’s expensive, and hey getting more...

Published 01 Dec, 2021 03:52am

PTM leader Ali Wazir granted bail by SC

ISLAMABAD: The Supreme Court granted bail to Pashtun Tahaffuz Movement (PTM) leader and Member National Assembly...

Published 01 Dec, 2021 03:52am

British deputy HC highlights importance of ESG

KARACHI: ACCA and SEED Ventures (Pvt) Ltd organised an event titled ‘ESG (Environmental, Social and Governance):...

Published 01 Dec, 2021 03:52am

‘Smooth’ water supply to industries ordered

KARACHI: Sindh Local Government Minister Syed Nasir Hussain Shah has issued directives to Managing Director Karachi...

Published 01 Dec, 2021 03:52am

KCAA hosts awareness session on PSW

KARACHI: Karachi Customs Agents Association (KCAA) has hosted an awareness session on Pakistan Single Window (PSW) ...

Published 01 Dec, 2021 03:52am

Profiteers and hoarders of urea: Fertilizer industry launches awareness campaign

KARACHI: The fertilizer industry launched a massive awareness campaign among the farmers about the prescribed prices...

Published 01 Dec, 2021 03:52am

PKR: stop talking the issue down

It is interesting to note how history repeats itself in case of PKR/USD exchange rate dynamics in Pakistan....

Published 01 Dec, 2021 03:52am

Politics and judiciary

Pakistan’s judiciary is in the eye of a political storm. A former Chief Justice has been accused of his ...

Updated 04 Dec, 2021 01:38pm

NIT Pakistan Gateway Index: a performance analysis

Stock market indices are a popular yardstick for the performance of any stock market around the world. Key benchmark...

Published 01 Dec, 2021 03:52am

Letters

‘Asma Jahangir Conference 2021’

In his two-part series of articles titled “Asma Jahangir Conference 2021” the writer, Rashed Rahman, has...

Published 01 Dec, 2021 03:52am

Senate body passes National Highways Safety Ordinance with amendments

ISLAMABAD: The Senate Standing Committee on Communications, on Tuesday, passed “the National Highways Safety...

Published 01 Dec, 2021 03:52am

Land allotted for defence purposes: SC questions construction of cinemas, marriage halls and schools

ISLAMABAD: The Supreme Court of Pakistan, expressing dissatisfaction over the defence secretary’s report,...

Published 01 Dec, 2021 03:52am

CTO Lahore meets LCCI members

LAHORE: Role of a good traffic management system in economic development cannot be undermined as it reduces the cost...

Published 01 Dec, 2021 03:52am

Local refineries tell govt they’re heading towards ‘forced shutdown’

ISLAMABAD: Local refineries have asked the federal government to take immediate measures for High Sulphur Furnace ...

Published 01 Dec, 2021 03:52am

‘Gulab Devi Project to minimise traffic congestion’

LAHORE: Special Assistant to Chief Minister Punjab for Information and Spokesperson Government of the Punjab Hasaan...

Published 01 Dec, 2021 03:52am

DC H’abad orders removal of encroachments

HYDERABAD: Divisional Commissioner Hyderabad Muhammad Abbas Baloch has said that in the light of the orders of the...

Published 01 Dec, 2021 03:52am

Covid-19 vaccinations: US CG joins religious leaders

KARACHI: US Consul General Mark Stroh, Sindh Minister of Health Azra Fazal Pechuho, and religious leaders...

Published 01 Dec, 2021 03:52am

Stocks

Hong Kong shares end 1-year low

HONG KONG: Hong Kong shares finished down on Tuesday to a more than one-year low, after US drugmaker Moderna set off...

Published 01 Dec, 2021 03:52am

Stocks

Tokyo shares close lower

TOKYO: Tokyo stocks gave up gains and closed lower Tuesday on continued worry about the Omicron coronavirus variant,...

Published 01 Dec, 2021 03:52am

Stocks

Indian shares fall

BENGALURU: Indian shares ended lower in a highly volatile trading session on Tuesday, as concerns over the Omicron...

Published 01 Dec, 2021 03:52am

Stocks

Most Gulf bourses tumble on vaccine efficacy concerns

DUBAI: Most Gulf bourses ended lower on Tuesday, mirroring weakened global shares and oil prices, although the...

Published 01 Dec, 2021 03:52am

Stocks

Wall St drops over 1pc on Powell’s faster taper comments, Omicron worries

NEW YORK: Wall Street’s main indexes tumbled more than 1% on Tuesday after Federal Reserve Chair Jerome Powell ...

Published 01 Dec, 2021 03:52am

Stocks

TSX falls to one-month low

TORONTO: Canada’s main stock index fell to a one-month low on Tuesday over worries that existing vaccines may not...

Published 01 Dec, 2021 03:52am

Stocks

European stocks resume falls on Omicron warning

LONDON: European equities fell in opening deals on Tuesday after the head of Moderna warned current coronavirus...

Published 01 Dec, 2021 03:52am

Stocks

FTSE 100 marks worst month

LONDON: Britain’s blue-chip share index closed above session lows on Tuesday, but marked its worst monthly decline...

Published 01 Dec, 2021 03:52am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 01 Dec, 2021 03:52am

Rates

BOARD MEETINGS

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

Published 01 Dec, 2021 03:52am

Rates

Dividend/Bonus Announcements

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

Published 01 Dec, 2021 03:52am

Stocks

Last date of renunciation/payment

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

Published 01 Dec, 2021 03:52am

Rates

Proposed right issues

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

Published 01 Dec, 2021 03:52am

Rates

Clearing Schedule for T+2 System

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

Published 01 Dec, 2021 03:52am

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 01 Dec, 2021 03:52am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Tuesday (November 30, 2021). ======================== Offer Price...

Published 01 Dec, 2021 03:52am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Tuesday (November 30, 2021). ======================== Offer Price...

Published 01 Dec, 2021 03:52am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Tuesday (November 30, 2021). ======================== Offer Price...

Published 01 Dec, 2021 03:52am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Tuesday (November 30, 2021). ======================== Offer Price ...

Published 01 Dec, 2021 03:52am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Tuesday (November 30, 2021). ======================== Offer Price...

Published 01 Dec, 2021 03:52am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Tuesday (November 30, 2021). ======================== Offer Price...

Published 01 Dec, 2021 03:52am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Tuesday (November 30, 2021). ======================== Offer Price...

Published 01 Dec, 2021 03:52am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Tuesday (November 30, 2021). ======================== Offer Price...

Published 01 Dec, 2021 03:52am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Tuesday (November 30, 2021). ======================== Offer Price...

Published 01 Dec, 2021 03:52am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Tuesday (November 30, 2021). ========================== KIBOR...

Published 01 Dec, 2021 03:52am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Tuesday (November 30, 2021)....

Published 01 Dec, 2021 03:52am

Rates

Foreign selling drags stocks down

KARACHI: Pakistan Stock Exchange Tuesday opened on a positive note, however failed to sustain this momentum and...

Published 01 Dec, 2021 03:52am

Bilawal censures govt for holding talks with TTP

PESHAWAR: Reacting angrily to the ongoing talks between the Pakistan Tehreek-e-Insaf (PTI) government and the...

Updated 01 Dec, 2021 09:38am

Saleem replaces Soomro as PC board chairman

ISLAMABAD: The federal government has relieved Minister for Privatisation Mohammed mian Soomro from the position of...

Updated 01 Dec, 2021 12:16pm

Energy

FCA for Oct 2021: Nepra approves Rs4.74/unit raise in Discos’ tariffs

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) Tuesday approved, in principle, an increase of ...

Updated 01 Dec, 2021 09:52am

Iqra Aziz new local spokesperson for L’Oréal Paris

KARACHI: L’Oréal Paris has announced the multi-talented and award winning actress Iqra Aziz as the new L’Oréal...

Published 01 Dec, 2021 03:52am

Energy

Govt starts paying Rs134.8bn to IPPs as Discos’ equity

ISLAMABAD: The government has started making payment of Rs134.8 billion to the IPPs of pre-1994 policy, 1994 and ...

Published 01 Dec, 2021 03:52am

Commodities

Gold prices decline

KARACHI: Gold prices on Tuesday witnessed a fall on the local market, traders said. The prices of gold per tola...

Published 01 Dec, 2021 03:52am

Energy

POL products’ prices remain unchanged: Rate of PL on ex-depot sale of petrol, HSD increased

ISLAMABAD: The federal government on Tuesday decided not to decrease the prices of petroleum products for the next...

Published 01 Dec, 2021 03:52am

Energy

National Grid, Scottish Power fined $211m

LONDON: National Grid and Scottish Power have been fined 158 million pounds ($211 million) by Britain’s energy...

Published 01 Dec, 2021 03:52am

Energy

Shell eyes return to Libya with oil, gas, solar investments

LONDON: Royal Dutch Shell is considering a return to Libya with a plan to develop new oil and gas fields and...

Published 01 Dec, 2021 03:52am

Energy

OPEC+ meets under pressure from Biden and Omicron

LONDON: OPEC+ oil producers meet Thursday under pressure from US President Joe Biden, who has opened up his...

Published 01 Dec, 2021 03:52am

Commodities

Activist fund demands that Glencore shed coal unit

ZURICH: An activist investor fund has urged Swiss commodities trader Glencore to shed its coal business because...

Published 01 Dec, 2021 03:52am

Commodities

Sugar, cocoa and coffee fall after Omicron vaccine warning

LONDON: Sugar, cocoa and arabica coffee fell on Tuesday after drugmaker Moderna cast doubt on the efficacy of...

Published 01 Dec, 2021 03:52am

Commodities

Wheat extends slide

CHICAGO: Chicago wheat prices fell to a nearly three-week low on Tuesday, as concerns the spread of the Omicron...

Published 01 Dec, 2021 03:52am

Commodities

Copper hits two-week low on Omicron uncertainty and Fed comments

LONDON: Copper prices fell to a two-week low on Tuesday as worries about the damage to demand and economic growth...

Published 01 Dec, 2021 03:52am

Energy

Oil falls on vaccine efficacy worries; WTI down over 6pc

NEW YORK: Oil prices tumbled on Tuesday, with US crude futures falling by more than 6%, after Moderna’s chief cast...

Published 01 Dec, 2021 03:52am

Previous Day

Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value

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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