News Archives for Print - 2022-02-16

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Print - 2022-02-16

Peshawar Zalmi beat Quetta Gladiators

LAHORE: Peshawar Zalmi defeated Quetta Gladiators by 24 runs in crucial 22nd match of the HBL-PSL-7 here at the...

Published 16 Feb, 2022 06:20am

Wahab inaugurates badminton court at KMC Women Sports Complex

KARACHI: Administrator Karachi and Sindh government’s Spokesman Barrister Murtaza Wahab on Tuesday said that...

Published 16 Feb, 2022 06:20am

100 students awarded CMA certificates

KARACHI: As many as 100 students were awarded Cost and Management Accounts (CMA) certificates at convocation ...

Updated 17 Feb, 2022 10:31pm

NATO to consider new troops on southeastern flank amid Russian threat

BRUSSELS: NATO defence ministers are expected this week to set in motion a plan that could establish four...

Published 16 Feb, 2022 06:20am

Russia’s parliament asks Putin to recognise breakaway east Ukrainian regions

MOSCOW: Russia’s lower house of parliament voted on Tuesday to ask President Vladimir Putin to recognise two...

Published 16 Feb, 2022 06:20am

South Asia

India bans 54 Chinese apps; Sea shares sink, says it complies with laws

NEW DELHI: India has blocked access to 54 mobile apps, mainly Chinese but also including Singapore-based Sea Ltd’s...

Published 16 Feb, 2022 06:20am

Industry

Glencore sells stake in Russia’s Russneft to cap 20-year partnership

MOSCOW/LONDON: Glencore has sold out of Russneft, capping two decades of investments which saw the Swiss commodities...

Published 16 Feb, 2022 06:20am

Erdogan calls on UAE businesses to invest in Turkey

ABU DHABI: Turkish President Recep Tayyip Erdogan called on business leaders in the wealthy United Arab Emirates...

Published 16 Feb, 2022 06:20am

USA

Prince Andrew settles with sex abuse accuser Virginia Giuffre

NEW YORK: Britain’s Prince Andrew has settled a lawsuit by Virginia Giuffre accusing the Duke of York of sexually...

Published 16 Feb, 2022 06:20am

Middle East

Israel president plans rare Turkey visit

OCCUPIED JERUSALEM: Israeli President Isaac Herzog is preparing to visit Turkey, his office said Tuesday, in a rare...

Published 16 Feb, 2022 06:20am

New special representative: State Department announces appointment

ISLAMABAD: The United States Department of State on Tuesday announced the appointment of Dilawar Syed as the new...

Published 16 Feb, 2022 06:20am

SC reserves its verdict on pleas of two former colonels

ISLAMABAD: The Supreme Court reserved the judgment regarding the conviction of two army Colonels by the military...

Published 16 Feb, 2022 06:20am

Posting of officers to Sindh: SC summons AGP to apprise it about progress

ISLAMABAD: The Supreme Court summoned the attorney general for Pakistan (AGP) on 21st February to apprise about the...

Published 16 Feb, 2022 06:20am

SSGC clarification

KARACHI: This is with reference to the news appearing in some sections of the press with regards to the statements...

Published 16 Feb, 2022 06:20am

Bid to smuggle out urea to Afghanistan foiled

KARACHI: Mochko police on Tuesday foiled a bid to smuggle urea fertilizer to Afghanistan by seizing 150 urea bags ...

Published 16 Feb, 2022 06:20am

Uzbek President due on March 3: Ministry to finalise preparations on 18th

ISLAMABAD: Uzbek President Shavkat Miromonovich Mirziyoyev is to visit Pakistan on March 3-5, 2022, official sources...

Published 16 Feb, 2022 06:20am

Survival rate among children with cancer quite low in Pakistan

KARACHI: Every year, around 8000 to 10,000 children are diagnosed with different types of cancer in Pakistan but...

Published 16 Feb, 2022 06:20am

Revenue-related issues facing overseas Pakistanis: Punjab govt to convene conference of ADCRs

LAHORE: In order to resolve revenue related issues of overseas Pakistani, the Punjab government has decided to...

Published 16 Feb, 2022 06:20am

Trade policy has connectivity for trade, investment at its core: Dawood

ISLAMABAD: Adviser to the Prime Minister on Trade and Investment, Abdul Razzaq Dawood, said on Tuesday that...

Published 16 Feb, 2022 06:20am

Customs seizes narcotics worth Rs80m at Gwadar

ISLAMABAD: The Pakistan Customs of Federal Board of Revenue (FBR) on Tuesday confiscated the narcotics (255Kg Opium)...

Published 16 Feb, 2022 06:20am

Saindak Mine lease extension okayed by cabinet: Hammad

ISLAMABAD: Minister for Energy Hammad Azhar on Tuesday said the Federal Cabinet had approved extension of Saindak...

Published 16 Feb, 2022 06:20am

The Weather

KARACHI: The weather report on Tuesday (February 15, 2022) and the forecast for Wednesday (February 16, 2022)....

Published 16 Feb, 2022 06:20am

Cross-border terror attacks: UNSC’s attention drawn to the masterminds

UNITED NATIONS: A Pakistani diplomat has called on the UN Security Council to hold accountable the “masterminds”...

Published 16 Feb, 2022 06:20am

Ending stalemate subject to restoration of J&K’s autonomous status: PM

ISLAMABAD: Prime Minister Imran Khan on Tuesday said the possibility of ending the current stalemate with India was...

Published 16 Feb, 2022 06:20am

ECP seeks Rs18bn to conduct LG polls, revise electoral rolls

ISLAMABAD: The Election Commission of Pakistan (ERCP) has sought over Rs 18 billion to conduct Local Government...

Published 16 Feb, 2022 06:20am

IHC disposes of plea against ‘security protocol’ to ex-CJP

ISLAMABAD: The Islamabad High Court (IHC) said the perks, privileges and entitlements of the chief justices and...

Published 16 Feb, 2022 06:20am

Second phase of LG elections: ECP rejects KP govt’s plea seeking delay

ISLAMABAD: The Election Commission of Pakistan (ECP) on Tuesday rejected the petition of the Khyber-Pakhtunkhwa...

Published 16 Feb, 2022 06:20am

Khattak explains PTI’s performance in KP local government polls

ISLAMABAD: Defence Minister Pervez Khattak said on Tuesday that the ruling Pakistan Tehrik-e-Insaf (PTI) has...

Published 16 Feb, 2022 06:20am

Vawda moves IHC against disqualification

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Faisal Vawda on Tuesday moved the Islamabad High Court (IHC)...

Published 16 Feb, 2022 06:20am

No threat from opposition, says Governor

LAHORE: Governor Punjab Chaudhry Mohammad Sarwar said on Tuesday that the government and its coalition partners are...

Published 16 Feb, 2022 06:20am

Bilawal satisfied with opposition ‘unity’ on no-trust motion

KARACHI: Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari on Tuesday expressed satisfaction over the...

Published 16 Feb, 2022 06:20am

Incitement to violence trial: UK jury finds Altaf Hussain not guilty

KARACHI: A UK jury on Tuesday found MQM supremo Altaf Hussain not guilty on two counts in the incitement to violence...

Published 16 Feb, 2022 06:20am

Shehbaz’s case will soon reach its ‘logical conclusion’: SACM

LAHORE: Special Assistant to Chief Minister Punjab Hassan Khawar has said that Shehbaz Sharif’s case will soon...

Published 16 Feb, 2022 06:20am

Ministry sends summary to President, urging him re-schedule NA session

ISLAMABAD: The Ministry of Parliamentary Affairs has sent a summary to President Dr Arif Alvi to change the schedule...

Published 16 Feb, 2022 06:20am

Bilawal fine-tunes anti-PTI govt ‘long march’ plan

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto-Zardari said that the PPP’s long march against...

Published 16 Feb, 2022 06:20am

Fresh spell of westerly wave: No major breakthrough expected

LAHORE: No major breakthrough is expected out of the upcoming fresh spell of westerly wave set to hit the country by...

Published 16 Feb, 2022 06:20am

LG law: lawmakers agree to form body to propose amendments

Karachi: In line with the Supreme Court’s orders, the opposition and ruling PPP on Tuesday agreed on forming a...

Published 16 Feb, 2022 06:20am

Uplift schemes in Karachi: PM for increasing pace of work

ISLAMABAD: Prime Minister Imran Khan on Tuesday directed to beef up the pace of various ongoing development schemes...

Published 16 Feb, 2022 06:20am

Khaqan explains his party’s approach to planned no-trust move

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) senior vice president Shahid Khaqan Abbasi on Tuesday said that the...

Published 16 Feb, 2022 06:20am

Cities with over 10pc Covid-19 positivity: NCOC decides to extend restrictions up to 21st

ISLAMABAD: The National Command and Operation Centre (NCOC), Tuesday, while reviewing the coronavirus situation in...

Published 16 Feb, 2022 06:20am

Drugs worth billions of rupees seized: 7 including five foreign nationals arrested

KARACHI: In a joint intelligence-based counter narcotics operation by Pakistan Maritime Security Agency (PMSA) and...

Published 16 Feb, 2022 06:20am

Kamyab Jawan programme: Rs39bn loans approved so far, says SAPM Dar

ISLAMABAD: The government has so far approved loans worth Rs39 billion under Kamyab Jawan Programme aimed at...

Published 16 Feb, 2022 06:20am

PAC slams absence of FBR chief as PAO

ISLAMABAD: The Public Accounts Committee (PAC) sub-committee on Tuesday expressed its displeasure over absence of...

Published 16 Feb, 2022 06:20am

Khanewal lynching incident: Punjab police arrest 10 more suspects

LAHORE: The Punjab police on Tuesday rounded up 10 more primary suspects in the case of lynching of a man over...

Published 16 Feb, 2022 06:20am

Kamyab Jawan programme: NAVTTC asked to enhance quota for AJK

ISLAMABAD: Federal Minister for Education and Professional Training Shafqat Mahmood on Tuesday directed the Chairman...

Published 16 Feb, 2022 06:20am

KP agri dept, FFCL sign MoU

PESHAWAR: KP Agriculture department and Fatima Fertiliser Company Limited (FFCL) on Tuesday signed a memorandum of...

Published 16 Feb, 2022 06:20am

SU sets up online bookshop

HYDERABAD: The Institute of Sindhology, University of Sindh Jamshoro has established an online book shop to sell its...

Published 16 Feb, 2022 06:20am

TV anchor: PBA condemns incident

KARACHI: Pakistan Broadcasters Association in a statement on Tuesday condemned the incident in which ARY’s anchor...

Published 16 Feb, 2022 06:20am

Allegations against Saeed Ghani: SHC rejects Haleem Adil’s plea

KARACHI: Sindh High Court (SHC) on Tuesday rejected the plea of Member of Sindh Assembly Haleem Adil Sheikh in a ...

Published 16 Feb, 2022 06:20am

Supply chain efficiency: Oracle introduces new logistics capabilities

KARACHI: Oracle has announced new logistics management capabilities within Oracle Fusion Cloud Supply Chain &...

Published 16 Feb, 2022 06:20am

Removal of garbage dumps, encroachments around airbases ordered

Karachi: Secretary Local Government Sindh Engineer Syed Najam Ahmad Shah has directed departments concerned for...

Published 16 Feb, 2022 06:20am

Distribution of resources among federation, provinces and local governments

History is replete with evidence that economics is the underlying basis of most political actions and reactions. In...

Published 16 Feb, 2022 06:20am

Aviation fears grow over Russia fallout from Ukraine crisis

Airlines and the leasing companies that control billions of dollars’ worth of passenger jets are drawing up...

Published 16 Feb, 2022 06:20am

Uber strengthens driver screening protocols

KARACHI: Uber is further strengthening its driver screening protocols with the introduction of new and improved...

Published 16 Feb, 2022 06:20am

Hafeez Sheikh, others named in corruption reference?

ISLAMABAD: The National Accountability Bureau (NAB) has nominated former finance minister Dr Hafeez Sheikh and ...

Published 16 Feb, 2022 06:20am

Pakistan Navy and IMX 2022

In the rapidly changing geopolitical and geostrategic environment, securing maritime interests has become a...

Published 16 Feb, 2022 06:20am

PARTLY FACETIOUS: Khan is wearing multiple hats

“Once you are the country’s chief executive you always sit at the head of the table.” “And once you are no...

Published 16 Feb, 2022 06:20am

PIA: fab past, grim present, vague future

Ivy league’s business schools are always looking for cases to study in-depth by their students about corporations...

Published 16 Feb, 2022 06:20am

Letters

‘UP elections 2022’

This is apropos a Business Recorder letter to the Editor ‘UP elections 2022’ carried by the newspaper on Monday....

Published 16 Feb, 2022 06:20am

Stocks

Toronto index rises

TORONTO: Canada’s main stock index rose on Tuesday as global risk sentiment improved after reports of Moscow’s...

Published 16 Feb, 2022 06:20am

Stocks

Tokyo stocks close lower

TOKYO: Tokyo stocks closed lower on Tuesday as investors grappled with fears Russia will invade Ukraine and fretted...

Published 16 Feb, 2022 06:20am

Stocks

Hong Kong shares close down

HONG KONG: Hong Kong shares finished down on Tuesday, dragged by financial and tech firms, tracking Asian markets...

Published 16 Feb, 2022 06:20am

Stocks

Indian shares close sharply higher

BENGALURU: Indian shares closed sharply higher on Tuesday, recouping losses from the previous session with...

Published 16 Feb, 2022 06:20am

Stocks

European shares rebound

LONDON: European stocks pulled back some of their recent losses on Tuesday following reports that some Russian ...

Published 16 Feb, 2022 06:20am

Stocks

Most Gulf bourses rise on signs of easing Russia-Ukraine tensions

DUBAI: Most stock markets in the Gulf ended higher on Tuesday, with the Saudi index leading gains, as investors took...

Published 16 Feb, 2022 06:20am

Stocks

S&P 500, Nasdaq climb over 1pc on signs of easing geopolitical tensions

NEW YORK: The S&P 500 and the Nasdaq indexes jumped over 1% on Tuesday, led by gains in shares of megacap growth...

Published 16 Feb, 2022 06:20am

Stocks

UK stocks rise

LONDON: British stocks rose on Tuesday as global risk sentiment improved after reports that Moscow was withdrawing...

Published 16 Feb, 2022 06:20am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Tuesday (February 15, 2022)....

Published 16 Feb, 2022 06:20am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 16 Feb, 2022 06:20am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (February 15, 2022). ==================================== BR...

Published 16 Feb, 2022 06:20am

Rates

BOARD MEETINGS

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

Published 16 Feb, 2022 06:20am

Stocks

Last date of renunciation/payment

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

Published 16 Feb, 2022 06:20am

Rates

Proposed right issues

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

Published 16 Feb, 2022 06:20am

Rates

Clearing Schedule for T+2 System

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

Published 16 Feb, 2022 06:20am

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 16 Feb, 2022 06:20am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Tuesday (February 15, 2022) ======================== OFFER PRICE...

Published 16 Feb, 2022 06:20am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Tuesday (February 15, 2022) ======================== OFFER PRICE...

Published 16 Feb, 2022 06:20am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Tuesday (February 15, 2022) ======================== OFFER PRICE...

Published 16 Feb, 2022 06:20am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Tuesday (February 15, 2022) ======================== OFFER PRICE 1,472.4750...

Published 16 Feb, 2022 06:20am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Tuesday (February 15, 2022). ======================== OFFER PRICE...

Published 16 Feb, 2022 06:20am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Tuesday (February 15, 2022) ======================== OFFER PRICE...

Published 16 Feb, 2022 06:20am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Tuesday (February 15, 2022) ======================== OFFER PRICE...

Published 16 Feb, 2022 06:20am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Tuesday (February 15, 2022). ======================== OFFER PRICE...

Published 16 Feb, 2022 06:20am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Tuesday (February 15, 2022). ======================== OFFER PRICE...

Published 16 Feb, 2022 06:20am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Tuesday (February 15, 2022). ======================== Offer Price...

Published 16 Feb, 2022 06:20am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Tuesday (February 15, 2022). ======================== Offer Price...

Published 16 Feb, 2022 06:20am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Tuesday (February 15, 2022). ======================== Offer ...

Published 16 Feb, 2022 06:20am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Tuesday (February 15, 2022). ======================== Offer Price...

Published 16 Feb, 2022 06:20am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Tuesday (February 15, 2022). ======================== Offer Price...

Published 16 Feb, 2022 06:20am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Tuesday (February 15, 2022). ======================== Offer Price 1,217.0156 ...

Published 16 Feb, 2022 06:20am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (February 15, 2022). ========================...

Published 16 Feb, 2022 06:20am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (February 15, 2022). ========================...

Published 16 Feb, 2022 06:20am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Tuesday (February 15, 2022). ========================== KIBOR...

Published 16 Feb, 2022 06:20am

Rates

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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