News Archives for Print - 2022-01-26

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Print - 2022-01-26

Govt taking steps to promote sports: SAPM Dar

ISLAMABAD: Special Assistant to the Prime Minister on Youth Affairs Usman Dar on Tuesday said the government is...

Published 26 Jan, 2022 04:42am

Jheel Park: visitors now required to pay entry fee

KARACHI: The famous family-oriented Jheel Park Karachi is no longer a free recreational facility for the visitors as...

Published 26 Jan, 2022 04:42am

Accountants, finance professionals: Global economic confidence dips in Q42021

KARACHI: The latest results from a regular global survey of accountants and finance professionals views about the...

Published 26 Jan, 2022 04:42am

Minister rejects ‘propaganda’ against Sindh LG law

HYDERABAD: Sindh Information Minister Saeed Ghani rejecting the propaganda against the new Sindh local government...

Published 26 Jan, 2022 04:42am

Taxes

53 bank accounts of airline attached by LTO Karachi

KARACHI: Large Taxpayers Office (LTO), Karachi, has attached 53 bank accounts of Pakistan International Airline ...

Published 26 Jan, 2022 04:42am

MENA

The Arts Club Dubai: A look at an exclusive private members’ club

• CEO Ajaz Sheikh reveals offerings and experiences at the first international outpost of the eponymous Club in London

Updated 26 Jan, 2022 03:12pm

USA

US, Europe declare ‘unity’ against Russia over Ukraine

WASHINGTON: President Joe Biden declared “total” unity among Western powers Monday after crisis talks with...

Published 26 Jan, 2022 04:42am

Europe

UK minister resigns over Covid loan fraud

LONDON: A UK government minister resigned Monday in protest over the government’s handling of fraudulent loans...

Published 26 Jan, 2022 04:42am

Pfizer, BioNTech begin Omicron vaccine trial

WASHINGTON: Pfizer and BioNTech have begun enrollment for a clinical trial to test the safety and immune response of...

Published 26 Jan, 2022 04:42am

US deputy special envoy for Iran leaves post amid Iran nuclear talks

WASHINGTON: A senior member of the US team negotiating with Iran has left the role amid a report of differences of...

Published 26 Jan, 2022 04:42am

Europe

UK PM’s woes deepen with police probe into ‘partygate’

LONDON: The threat to British Prime Minister Boris Johnson’s position deepened on Tuesday, as police said they ...

Published 26 Jan, 2022 04:42am

Dubai Expo 2020: Pakistan wins gold medal at World Stamp Exhibition

KARACHI: Pakistan has won a gold medal in the World Stamp Exhibition held at Dubai Expo 2020. Prominent Pakistani...

Published 26 Jan, 2022 04:42am

PDWP approves six schemes

LAHORE: The Punjab Provincial Development Working Party (PDWP) approved six development schemes of regional planning...

Published 26 Jan, 2022 04:42am

PTA slaps Rs30m fine on PMCL

ISLAMABAD: The Pakistan Telecommuni-cation Authority (PTA) has imposed a fine of Rs30 million on the Pakistan Mobile...

Published 26 Jan, 2022 04:42am

The Weather

KARACHI: The weather report on Monday (January 24, 2022) and the forecast for Wednesday (January 26, 2022)....

Published 26 Jan, 2022 04:42am

PPP terms TI’s report ‘a charge-sheet against PTI govt’

ISLAMABAD: The Pakistan Peoples Party (PPP) claimed that the report of Transparency International Corruption...

Published 26 Jan, 2022 04:42am

Auction for house: IHC reserves verdict on plea of Dar’s spouse

ISLAMABAD: The Islamabad High Court (IHC), Tuesday, reserved its verdict in a petition of Ishaq Dar’s wife...

Published 26 Jan, 2022 04:42am

Number of active Covid-19 cases crosses 80,000 mark

ISLAMABAD: The number of active coronavirus cases in the country has crossed 80,000-level as Pakistan in the past 24...

Published 26 Jan, 2022 04:42am

PML-N describes PM as ‘most corrupt ruler’

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) has asked Prime Minister Imran Khan to step down following...

Published 26 Jan, 2022 04:42am

TI report ‘testifies’ that incumbent govt is a ‘thief’: Shehbaz

LAHORE: Terming the report of Transparency International (TI) as a charge sheet against the PTI government, Pakistan...

Published 26 Jan, 2022 04:42am

Punjab CM inaugurates Rescue 1122 service in 79 tehsils

LAHORE: Rescue 1122 service has achieved another milestone as Chief Minister Punjab Sardar Usman Buzdar on Tuesday...

Published 26 Jan, 2022 04:42am

LG polls: ECP asks DC, DPO to ensure implementation of code of conduct

PESHAWAR: District Election Commissioner (DEC), Kurram has asked Deputy Commissioner (DC) and District Police ...

Published 26 Jan, 2022 04:42am

PTI appoints new office-bearers

ISLAMABAD: The same old faces once again dominated the central cabinet of ruling Pakistan Tehreek-e-Insaf (PTI)...

Published 26 Jan, 2022 04:42am

NA panel expresses displeasure over absence of MoC adviser, secretary

ISLAMABAD: Expressing serious annoyance at the absence of Prime Minister’s Advisor on Commerce and Investment ...

Published 26 Jan, 2022 04:42am

PDM says won’t reschedule planned March 23 protest

ISLAMABAD: The Pakistan Democratic Movement (PDM) on Tuesday stepped up exerting pressure on Prime Minister Imran...

Published 26 Jan, 2022 04:42am

Partly Facetious: He was asked to leave because he was gaining weight

“So it all boils down to the same o, same o.” “I don’t get you, if you are implying that The Khan has not...

Published 26 Jan, 2022 04:42am

Resolution moved in Punjab PA: PML-N for placing Akbar’s name on ECL

LAHORE: The Pakistan Muslim League-Nawaz (PML-N) has moved a resolution in the Punjab Assembly seeking placing the...

Published 26 Jan, 2022 04:42am

PAC exempts NAB chief from making appearance in today’s meeting

ISLAMABAD: The Public Accounts Committee (PAC) has exempted the appearance of National Accountability Bureau (NAB)...

Published 26 Jan, 2022 04:42am

Senate panel: Nepra chief now faces the prospect of summons

ISLAMABAD: Senate Standing Committee on Power has decided to issue summons to Chairman, National Electric Power...

Published 26 Jan, 2022 04:42am

Naya Pakistan Housing Scheme: KP CM gives Housing Department a one-day deadline

PESHAWAR: KP Chief Minister Mahmood Khan Tuesday gave one-day deadline to housing department for showing visible...

Published 26 Jan, 2022 04:42am

Federal govt’s permission sought: Punjab to begin development process on waste-fired power projects

ISLAMABAD: The Punjab government has sought permission from federal government to initiate process for development ...

Published 26 Jan, 2022 04:42am

Clarification

ISLAMABAD: Apropos a news item published in Business Recorder on January 25, 2022 under the title “Understanding...

Published 26 Jan, 2022 04:42am

Money- laundering bid thwarted

ISLAMABAD: Airport Security Force (ASF) on Tuesday foiled a bid of money laundering from Islamabad airport and...

Published 26 Jan, 2022 04:42am

Wasa may sign 50m Euros accord with Hungary

LAHORE: The Water and Sanitation Authority (Wasa) Lahore is expected to sign a 50 million Euros agreement with a...

Published 26 Jan, 2022 04:42am

Waqas likely to become first MD of PPMC

LAHORE: Member Energy Ministry of Planning Development & Special Initiatives Waqas Bin Najib is likely to be...

Published 26 Jan, 2022 04:42am

6 independent directors of RAILCOP appointed

ISLAMABAD: The Federal Cabinet has appointed six Independent Directors of Railway Constructions Pakistan Limited...

Published 26 Jan, 2022 04:42am

Appointment of NTDC chairman: CD secretary directed to decide issue within 60 days

LAHORE: The Lahore High Court has directed the secretary cabinet division to decide matter of the alleged illegal...

Published 26 Jan, 2022 04:42am

PNS Submarine Hangor: SBP issues Rs50 commemorative coin for golden jubilee

KARACHI: The State Bank of Pakistan has issued Rs50 commemorative coin for golden jubilee of PNS Submarine Hangor....

Published 26 Jan, 2022 04:42am

SHC orders action against illegal portions

KARACHI: The Sindh High Court (SHC) on Tuesday ordered immediate action against illegal portions in Karachi’s...

Published 26 Jan, 2022 04:42am

Free market mechanism

According to Nadeem Akhtar, a political analyst, “Double-digit growth in India and China were unimaginable 40 ...

Published 26 Jan, 2022 04:42am

2013-18: Subsidising imported goods but at what cost?

The Federal Finance Minister Shaukat Tarin has stated that USD 60 billion had been spent to maintain the ...

Published 26 Jan, 2022 04:42am

Baptism by fire awaits today’s rate-hike rookies

Today’s central bankers have the unenviable task of weaning a pandemic-hit global economy off cheap money amid...

Published 26 Jan, 2022 04:42am

Letters

Urgent energy issues—I

We have an acute energy crisis and really, no action is being taken to ensure high efficiency for both power...

Published 26 Jan, 2022 04:42am

Not only is cervical cancer preventable, it’s also highly treatable

Over my mother’s long career of taking care of patients with gynecological disorders, she recalls one case that...

Published 26 Jan, 2022 04:42am

Stocks

British stocks recover from multi-month lows

LONDON: London’s FTSE 100 rebounded on Tuesday from a one-month low hit a day earlier, supported by major bank...

Published 26 Jan, 2022 04:42am

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, 2022 04:42am

Stocks

Last date of renunciation/payment

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

Published 26 Jan, 2022 04:42am

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, 2022 04:42am

Rates

Profit-taking drags PSX down

KARACHI: Pakistan Stock Exchange Tuesday opened on a strong positive note and remained bullish in most part of the...

Published 26 Jan, 2022 04:41am

Energy

Shell hits oil and gas in Namibian offshore well

LONDON: Shell has made a significant oil and gas discovery at an closely-watched offshore well in Namibia which ...

Published 26 Jan, 2022 04:41am

Energy

Oil rises on concerns geopolitical risks could tighten supplies

NEW YORK: Oil prices rose on Tuesday on concerns supplies could become tight due to Ukraine-Russia tensions, threats...

Published 26 Jan, 2022 04:41am

Energy

Asia Distillates: Gasoil cash premiums rise

NEW DELHI: Asia’s cash premiums for 10 ppm gasoil gained on Tuesday for a fourth consecutive session, after...

Published 26 Jan, 2022 04:41am

Commodities

Iron ore futures rise as miners face labour shortage in Australia

MANILA: Iron ore futures in China and Singapore rose on Tuesday after miner Fortescue Metals Group raised concerns...

Published 26 Jan, 2022 04:41am

Energy

US natgas up on soaring European prices

NEW YORK: US natural gas futures edged up on Monday as output remains slow to recover from well freeze-offs earlier...

Published 26 Jan, 2022 04:41am

Commodities

ICE canola futures dip

WINNIPEG, (Manitoba): ICE canola futures dipped on Monday, pressured by falling crude oil prices and technical...

Published 26 Jan, 2022 04:41am

Commodities

Russian wheat prices down with weaker rouble

MOSCOW: Russian wheat export prices fell last week as the rouble weakened against the dollar, taking a hit from ...

Published 26 Jan, 2022 04:41am

Energy

VLSFO lower but outlook remains bullish over near term

SINGAPORE: Asia’s 0.5% very low-sulphur fuel oil (VLSFO) market extended losses on Tuesday but sentiment remained...

Published 26 Jan, 2022 04:41am

Commodities

ADM profit up nearly 14pc on strong biofuel demand, ethanol margins

CHICAGO/BENGALURU: Global grain trader Archer-Daniels-Midland Co reported a jump of nearly 14% in fourth-quarter...

Published 26 Jan, 2022 04:41am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 143,087 tonnes of cargo comprising 75,945 tonnes of import cargo and 67,142...

Published 26 Jan, 2022 04:41am

Energy

Asia’s naphtha

NEW DELHI: Asia’s naphtha margins were steady on Tuesday as gains on the back of a decline in crude oil benchmarks...

Published 26 Jan, 2022 04:41am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (January 25, 2022)....

Published 26 Jan, 2022 04:41am

Cotton & Textile

Dullness persists on cotton market

LAHORE: The local market on Tuesday remained steady and the trading volume remained low. The Spot Rate remained...

Published 26 Jan, 2022 04:41am

Stocks

Tech, financials drag Hang Seng lower

SHANGHAI: Hong Kong shares ended lower on Tuesday, dragged down by tech giants and financial firms on concerns that...

Published 26 Jan, 2022 04:41am

Stocks

China blue-chip stocks end at 15-mth low

SHANGHAI: China shares ended at a 15-month low on Tuesday, dragged lower by weakened sentiment over concerns that ...

Published 26 Jan, 2022 04:41am

Stocks

Tokyo stocks close lower on Ukraine concerns

TOKYO: Tokyo stocks closed lower on Tuesday, with investors cautious over geopolitical risks linked to Ukraine and...

Published 26 Jan, 2022 04:41am

Stocks

Indian shares snap losing streak

BENGALURU: Indian shares snapped their worst losing streak in more than 10 months on Tuesday, helped by top domestic...

Published 26 Jan, 2022 04:41am

Stocks

European equities rebound as Fed meets

LONDON: European stock markets rebounded Tuesday, shrugging off steep Asian losses on the eve of a Federal Reserve...

Published 26 Jan, 2022 04:41am

Stocks

Most Gulf bourses track oil prices higher; Egypt extends losses

DUBAI: Most major stock markets in the Gulf ended higher on Tuesday, tracking global peers and a rebound in oil...

Published 26 Jan, 2022 04:41am

Stocks

Wall Street slides over 2pc as tech rout deepens; Fed meeting eyed

NEW YORK: US stock indexes slid on Tuesday, with the S&P 500 on track to confirm a correction as a selloff in...

Published 26 Jan, 2022 04:41am

Rates

LME official prices

LONDON: The following were Monday official prices. ========================================= ALUMINIUM...

Published 26 Jan, 2022 04:41am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (January 24, 2022)...

Published 26 Jan, 2022 04:41am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (January 24, 2022). ======================================= Offset...

Published 26 Jan, 2022 04:41am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 24, 2022)....

Published 26 Jan, 2022 04:41am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (January 24, 2022). ======================== Open Bid ...

Published 26 Jan, 2022 04:41am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (January 24, 2022)....

Published 26 Jan, 2022 04:41am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Monday (January 24, 2022)....

Published 26 Jan, 2022 04:41am

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 Jan, 2022 04:41am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Monday (January 24, 2022)....

Published 26 Jan, 2022 04:41am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (January 24, 2022). ==================================== BR...

Published 26 Jan, 2022 04:41am

Rates

BOARD MEETINGS

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

Published 26 Jan, 2022 04:41am

Rates

Dividend/Bonus Announcements

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

Published 26 Jan, 2022 04:41am

Rates

Proposed right issues

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

Published 26 Jan, 2022 04:41am

Rates

Clearing Schedule for T+2 System

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

Published 26 Jan, 2022 04:41am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Monday (January 24, 2022). ======================== Offer Price...

Published 26 Jan, 2022 04:41am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Monday (January 24, 2022). ======================== Offer Price...

Published 26 Jan, 2022 04:41am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Monday (January 24, 2022). ======================== Offer ...

Published 26 Jan, 2022 04:41am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Monday (January 24, 2022). ======================== Offer Price...

Published 26 Jan, 2022 04:41am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Monday (January 24, 2022). ======================== Offer Price...

Published 26 Jan, 2022 04:41am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Monday (January 24, 2022). ======================== Offer Price 1,207.1621 Bid...

Published 26 Jan, 2022 04:41am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Monday (January 24, 2022). ========================...

Published 26 Jan, 2022 04:41am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Monday (January 24, 2022). ========================...

Published 26 Jan, 2022 04:41am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Monday (January 24, 2022)....

Published 26 Jan, 2022 04:41am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 26 Jan, 2022 04:41am

Forex

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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