News Archives for Print - 2022-03-13

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Print - 2022-03-13

Closing ceremony of 2nd KHI Awards held: KE honours 40 organizations serving Karachi

KARACHI: The Governor House in Karachi was host to a special celebration to honor the organizations which make...

Updated 13 Mar, 2022 07:06am

PML-N turns down govt’s ‘dialogue’ offer?

ISLAMABAD: The major opposition political party – the Pakistan Muslim League-Nawaz (PML-N) on Saturday rejected ...

Updated 13 Mar, 2022 07:03am

Rangers, FC personnel deployed at Parliament Lodges, Parliament House, MNAs’ Hostel

ISLAMABAD: The federal government deployed the Rangers and Frontiers Corps (FC) personnel at Parliament Lodges,...

Updated 13 Mar, 2022 07:03am

Income Tax Ordinance, 1979: Entitlement of a company to benefit cannot be denied to it: SC

ISLAMABAD: The Supreme Court has held, if a company was entitled to the benefit of a particular provision of the...

Updated 13 Mar, 2022 07:06am

‘Accidental’ missile: FO summons Indian diplomat

ISLAMABAD: Pakistan summoned top Indian diplomat and conveyed the country’s serious concerns over New Delhi’s...

Updated 13 Mar, 2022 07:03am

Sindh traffic police conducts road safety awareness session for foodpanda riders

ISLAMABAD: Keeping up with its commitment of prioritising safety and well-being, foodpanda on Saturday organised a...

Updated 13 Mar, 2022 07:03am

Karachi Test: Australia strong as Usman Khawaja scores century

KARACHI: Usman Khawaja scored his 11th Test hundred, powering Australia to register 251 runs on board for three on...

Updated 13 Mar, 2022 07:03am

Former MNA Rashid Godil quits PTI?

KARACHI: Former MNA Rashid Godil on Saturday announced his separation from Pakistan Tehreek-e-Insaf, sources said....

Updated 13 Mar, 2022 07:04am

CM insists there’re no fissures in party

LAHORE: Punjab Chief Minister Sardar Usman Buzdar said on Saturday the PTI government stands firm at political ...

Updated 13 Mar, 2022 07:03am

Official underscores need for raising awareness about lumpy skin disease

LAHORE: In order to save the cattle form the Lumpy Skin Disease (LSD), the Punjab government has decided to provide...

Updated 13 Mar, 2022 07:03am

SSP explains what actually constitutes ‘road safety’

FAISALABAD: On the directions of Addl IG Punjab Highway Patrol, Shahid Hanif, SSP Patrolling Region Faisalabad Mirza...

Updated 13 Mar, 2022 07:05am

Lawyer moves court with a view to filing case against PM

LAHORE: An advocate has approached the court of law for registration of criminal case against Prime Minister Imran...

Updated 13 Mar, 2022 07:05am

Microsoft organizes ‘EDU Day 2022’

ISLAMABAD: Microsoft Pakistan organized EDU Day 2022, a global initiative that is taken to attain its goal of...

Updated 13 Mar, 2022 07:05am

Biography of Dr Ishrat Husain: IBA organises book launch ceremony

KARACHI: The Institute of Business Administration (IBA) Karachi held a book launching ceremony for a biography on Dr...

Updated 13 Mar, 2022 11:02am

Grade-18 and Grade-16 officers: FBR removes two for ‘inefficiency’, ‘misconduct’

ISLAMABAD: The Federal Board of Revenue (FBR) has dismissed from services two officials of Grade-18 and Grade-16 on...

Updated 13 Mar, 2022 07:04am

Property tax: Excise dept begins recovery drive against defaulters

LAHORE: The excise department has initiated recovery drive against the defaulters of property tax in the city. ...

Updated 13 Mar, 2022 07:01am

Islamabad: Alarming increase in mobile phone snatching

ISLAMABAD: Mobile phone snatching incidents witnessed an increase in the capital city as more than 40 mobile phones...

Updated 13 Mar, 2022 07:01am

Haleem decries ‘undemocratic attitude’ Sindh PA speaker

KARACHI: Leader of the Opposition in Sindh Assembly Haleem Adil Sheikh has said that the Sindh Assembly is a ...

Updated 13 Mar, 2022 07:01am

Six bogies of freight train derail near Latifabad

HYDERABAD: Six bogies of a goods train derailed near Latifabad unit No 7 Hyderabad on Saturday, the movement of rail...

Updated 13 Mar, 2022 07:01am

Sarwar Foundation launches medical campaign

LAHORE: Sarwar Foundation has launched a new campaign aimed at providing free medical facilities to the people by...

Updated 13 Mar, 2022 07:00am

Zaheer Abbas inducted into ‘PCB Hall of Fame’

LAHORE: Cricket legend Zaheer Abbas (74), one of the most stylish and elegant batters to ever play this great sport,...

Updated 13 Mar, 2022 07:00am

Middle East

Saudi blogger Raif Badawi released after 10 years in prison

MONTREAL: After 10 years in prison for “insulting Islam,” Saudi blogger and human rights activist Raif Badawi,...

Updated 13 Mar, 2022 07:00am

Africa

S Africa suspends Comair’s air operator certificate

CAPE TOWN: South Africa has suspended the air operator certificate for Comair as a precautionary measure for 24...

Updated 13 Mar, 2022 07:00am

South Asia

Two held over murders of polio vaccinators in Afghanistan: police

KUNDUZ: Two suspects have been arrested in Afghanistan in connection with the killing of seven polio vaccinators ...

Published 13 Mar, 2022 06:22am

Asia

Malaysia bloc wins state polls in boost for national election

KUALA LUMPUR: A scandal-plagued Malaysian political coalition won a sweeping victory in local polls in Johor state ...

Updated 13 Mar, 2022 07:00am

USA

Nicaraguan opposition figure found guilty of financial crimes: family

MANAGUA: Nicaragua’s main opposition figure and would-be presidential challenger to Daniel Ortega has been found...

Updated 13 Mar, 2022 07:00am

Europe

Croatia PM urges closer NATO cooperation after military drone crash

ZAGREB: Croatia’s prime minister Saturday urged closer cooperation within NATO after a military drone, which he...

Updated 13 Mar, 2022 07:00am

Africa

At least 60 dead in DR Congo train accident

LUBUMBASHI: A train crash in southeastern Democratic Republic of Congo has killed at least 60 people, the state rail...

Updated 13 Mar, 2022 06:59am

Europe

Prince Harry accused of ‘snub’ to queen

LONDON: Prince Harry was accused Saturday of snubbing Queen Elizabeth II after announcing he will miss her late...

Updated 13 Mar, 2022 06:59am

USA

US eases border policy from Trump era for unaccompanied migrant children

WASHINGTON: The administration of US President Joe Biden has eased a controversial border policy from the era of...

Updated 13 Mar, 2022 06:59am

The Weather

KARACHI: The weather report on Saturday (March 12, 2022) and the forecast for Sunday (March 13, 2022)....

Updated 13 Mar, 2022 06:59am

PM Imran to complete his ‘full’ term, insists Rashid

Interior minister says PTI will win the next general election on basis of its performance

Updated 13 Mar, 2022 11:55am

Election Act Amendment Ordinance against the law: ECP

ISLAMABAD: The Election Commission of Pakistan (ECP) on Saturday declared the Election Act Amendment Ordinance...

Published 13 Mar, 2022 06:22am

Joint opposition mulling filing no-trust motions against NA Speaker, Senate chief

ISLAMABAD: Joint opposition is firming up plans to move no-confidence resolutions against Speaker National Assembly...

Published 13 Mar, 2022 06:22am

Coalition allies clash to the chagrin of ‘beleaguered’ PTI govt

ISLAMABAD: The first visible crack in the ruling Pakistan Tehrik-e-Insaf (PTI) coalition has come into public when...

Published 13 Mar, 2022 06:22am

Aleem Khan returns home

LAHORE: Pakistan Tehreek-e-Insaf disgruntled senior leader Aleem Khan has returned to Pakistan after a short visit ...

Published 13 Mar, 2022 06:22am

PM, FM Qureshi discuss rapidly evolving political situation

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi on Saturday called on Prime Minister Imran Khan to discuss matters...

Published 13 Mar, 2022 06:22am

Ayaz Sadiq says Speaker is ‘biased and partial’

ISLAMABAD: Former speaker National Assembly and senior Pakistan Muslim League-Nawaz (PML-N) leader Ayaz Sadiq on...

Published 13 Mar, 2022 06:22am

Commodities

Prices of essential kitchen items increase

ISLAMABAD: The prices of essential kitchen items and other daily use items have witnessed a further increase during...

Published 13 Mar, 2022 06:22am

Reply sought in response to Rana Sana’s application

LAHORE: A special court (Control of Narcotics Substance) on Saturday sought arguments on acquittal application of...

Published 13 Mar, 2022 06:22am

FBR says it resolved 12,850 out of 13,001 complaints during 2020-21

ISLAMABAD: The Federal Board of Revenue (FBR) has received 13,001 complaints against the tax department and resolved...

Published 13 Mar, 2022 06:22am

89 suspects indicted in Kumara’s lynching case

LAHORE: An anti-terrorism court on Saturday indicted 89 suspects including nine juveniles in Sri Lankan citizen...

Published 13 Mar, 2022 06:22am

Sindh CM says he’s optimistic about no-confidence motion’s prospects

HYDERABAD: The Chief Minister Sindh Syed Murad Ali Shah talking to media persons at Sehwan said that the people of...

Published 13 Mar, 2022 06:22am

‘MQM could support no-trust move if opposition accepts our demands’: Wasim Akhtar

ISLAMABAD: Former mayor of Karachi and MQM-Pakistan leader Wasim Akhtar has said that despite the passage of three...

Published 13 Mar, 2022 06:22am

Hot, dry weather likely

KARACHI: Hot weather has started to grip the country’s southern parts, as temperature goes up, the Met Office said...

Published 13 Mar, 2022 06:22am

Sindh governor says Aleem, Tareen are ‘not’ parting ways

KARACHI: Governor Sindh Imran Ismail has said that his party’s ‘disgruntled’ leaders, Aleem Khan and Jahangir...

Published 13 Mar, 2022 06:22am

Detained PML-N leader Ch Tanveer ‘goes missing’

KARACHI: The Karachi magistrate on Saturday failed to find former senator and Pakistan Muslim League-Nawaz leader Ch...

Published 13 Mar, 2022 06:22am

Time to take charge

The petrochemical sector can help us achieve import substitution, promote export-led growth and join the ranks of industrialized nations

Updated 13 Mar, 2022 10:56am

Eastern Europe embraces Ukraine refugees as workforce

Eastern European countries are embracing the millions of Ukrainians fleeing Russia’s invasion as a potential...

Updated 13 Mar, 2022 06:43am

US spy agency probes sabotage of satellite internet during Russian invasion: sources

Western intelligence agencies are investigating a cyberattack by unidentified hackers that disrupted broadband...

Updated 13 Mar, 2022 06:43am

In Greece, Russia sympathies die hard despite Ukraine war

When Greek Prime Minister Kyriakos Mitsotakis took the floor in a parliament debate on Ukraine this month, there was...

Updated 13 Mar, 2022 06:43am

Letters

Renewable energy projects — I

An important subject, as covered in BR issue of 28 Feb (Markets and Corporates), needs to be emphasised as very...

Updated 13 Mar, 2022 06:43am

MENA

With focus on digital, ‘Art Dubai 2022’ concludes

DUBAI: After a scaled-down version in 2021, Art Dubai returned to its original home in the Madinat Jumeirah,...

Updated 13 Mar, 2022 10:58am

Grains

Raw sugar prices climb

NEW YORK/LONDON: Raw sugar futures closed up on Friday with the market boosted by a potential shift toward more...

Updated 13 Mar, 2022 07:02am

Commodities

Chinese iron ore makes gains

BEIJING: Benchmark iron ore futures in China jumped more than 5% on Friday, rebounding from two sessions of losses,...

Updated 13 Mar, 2022 07:02am

Commodities

Japan rubber down

SINGAPORE: Japanese rubber futures fell on Friday, as oil prices eased and global equities slid due to expectations...

Updated 13 Mar, 2022 07:02am

Grains

Paris wheat lower

PARIS: Euronext wheat fell on Friday, pressured by another slide in Chicago futures as concerns over potential ...

Updated 13 Mar, 2022 07:02am

Commodities

Malaysian palm oil up

KUALA LUMPUR: Malaysian palm oil futures ended over 3% lower on Friday, dragged by unexpectedly high February...

Updated 13 Mar, 2022 07:02am

Commodities

ICE canola modestly higher

CHICAGO: ICE canola futures closed firmer on Friday in largely technical trade, brokers said, with the benchmark...

Updated 13 Mar, 2022 07:02am

Grains

CBOT soybeans ease on improving weather

CHICAGO: Chicago Board of Trade soybean futures fell on Friday, pressured by rains in Brazil and Argentina that may...

Updated 13 Mar, 2022 07:02am

Energy

US natgas futures up

NEW YORK: US natural gas futures rose 2% on Friday as cold weather was set to cut output to its lowest in a month ...

Updated 13 Mar, 2022 07:02am

Cotton & Textile

Firm trend seen on cotton market

LAHORE: The local cotton market on Saturday remained steady while the trading volume was low. The Spot Rate remained...

Updated 13 Mar, 2022 07:02am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Saturday (March 12, 2022)....

Updated 13 Mar, 2022 07:03am

Cotton & Textile

Weekly world market price for upland cotton

NEW YORK: The US Agriculture Department set the prevailing world market price for upland cotton at 111.71 cents per...

Updated 13 Mar, 2022 07:04am

Cotton & Textile

China issues quota for cotton imports

BEIJING: China’s state planner said on Friday it had issued a 400,000 tonnes quota for cotton imports with a...

Updated 13 Mar, 2022 07:04am

Grains

Algeria buys milling wheat

HAMBURG/PARIS: Algeria’s state grains agency OAIC purchased around 600,000 to 700,000 tonnes of optional-origin...

Updated 13 Mar, 2022 07:04am

Energy

Germany aims to be nearly free of Russia oil this year

BERLIN: Germany said Saturday it aims to be nearly free of Russian oil imports by the end of this year, as countries...

Published 13 Mar, 2022 06:22am

AAJ PROGRAM SCHEDULE

Sunday, March 13, 2022 TIMING PROGRAM TITLE 06:00 TARGET 06:25 HEADLINE NEWS 06:30 TARGET 06:55 HEADLINE NEWS 07:00...

Updated 13 Mar, 2022 06:59am

Rates

Automart: car prices in Karachi

KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (March ...

Published 13 Mar, 2022 06:22am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Saturday (March 12, 2022)...

Updated 13 Mar, 2022 06:59am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (March 12, 2022). ======================================= Offset...

Updated 13 Mar, 2022 06:59am

Fuel impact, subsidy on electricity tariff: PM’s package to need Rs136bn in four months

Electricity package has been worked out on the assumption that coal prices would remain at $232/MT during the remaining four months of the outgoing fiscal year

Updated 13 Mar, 2022 02:12pm

CCoE likely to consider pending agreements with KE

ISLAMABAD: The Cabinet Committee on Energy (CCoE) has directed Power Division to place pending Power Purchase...

Updated 13 Mar, 2022 09:06am

PASSD seeks Cabinet nod for ‘Ehsaas Tahafuz’

ISLAMABAD: The Poverty Alleviation and Social Safety Division (PASSD) has sought cabinet approval for Catastrophic...

Updated 13 Mar, 2022 09:07am

Financial sector quite stable: Tarin

ISLAMABAD: Minister for Finance Shaukat Tarin on Saturday said that the financial sector was stable enough and the...

Updated 13 Mar, 2022 09:08am

Ukraine situation: Foreign secy exchanges views with EEAS chief

ISLAMABAD: Foreign Secretary Sohail Mahmood and Deputy Secretary General, European External Action Service (EEAS)...

Updated 13 Mar, 2022 09:09am

PM to address public gathering in Hafizabad today

HAFIZABAD: Minister of State for Information and Broadcasting Farrukh Habib said on Saturday that Prime Minister...

Updated 13 Mar, 2022 09:10am

No-trust move: PML-Q to announce ‘final’ decision today

ISLAMABAD: Amid simmering tensions coupled with mercurial political temperatures, Pakistan Muslim ...

Updated 13 Mar, 2022 09:11am

Maladministration in FBR: FTO has authority to conduct inspection

ISLAMABAD: The powers of Federal Tax Ombudsman (FTO) for conducting inspections of the Commissioners Appeals or the...

Updated 13 Mar, 2022 09:13am

PM asks party MPs to strengthen contacts with people

ISLAMABAD: Prime Minister Imran Khan on Saturday directed the Pakistan Tehreek-e-Insaf (PTI) lawmakers to strengthen...

Updated 13 Mar, 2022 09:14am

PDM set to review preparations today

ISLAMABAD: The Pakistan Democratic Movement’s (PDM’s) senior leadership will review the preparations for the...

Updated 13 Mar, 2022 09:15am

Aleem arrives in Islamabad

LAHORE: In connection with the no-confidence motion against Prime Minister Imran Khan, Abdul Aleem Khan moved to...

Updated 13 Mar, 2022 09:16am

Supersonic missile: FO raises questions over India’s delayed response

ISLAMABAD: Pakistan on Saturday questioned India’s delayed acceptance of “accidental” firing of a supersonic...

Published 13 Mar, 2022 06:22am

Finland’s long-delayed nuclear reactor goes online

HELSINKI: Finland’s long-delayed Olkiluoto-3 nuclear reactor went online for the first time on Saturday, the...

Published 13 Mar, 2022 06:22am

ADB vice president due today

LAHORE: Asian Development Bank (ADB) Vice President Shixin Chen will visit Pakistan from today (Sunday). During his...

Published 13 Mar, 2022 06:22am

Industry

Political violence to adversely affect investor confidence: president PBIF

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

Published 13 Mar, 2022 06:22am

Industry

‘Incentives needed for sustainable growth in pharma sector’

KARACHI: Pharmaceutical sector have great potential to further grow and contribute significantly in Pakistan’s...

Published 13 Mar, 2022 06:22am

Companies

Peugeot launches operations in Pakistan with Lucky Motor Corp

KARACHI: The European automaker “Peugeot” has officially launched operations in Pakistan with its exclusive...

Published 13 Mar, 2022 06:22am

Trade with America

EDITORIAL: It’s a bit rich of the Americans to raise questions about Pakistan’s tax laws during discussions ...

Updated 13 Mar, 2022 06:43am

The die is cast?

EDITORIAL: The die is cast. That the opposition will or will not go for no-trust vote against Prime Minister Imran...

Updated 13 Mar, 2022 06:43am

Taxes

FBR lacks capacity to analyse big data

ISLAMABAD: The Federal Board of Revenue (FBR) lacks the capacity to analyse big data to detect tax evasion, ...

Updated 13 Mar, 2022 07:03am

Industry

Surging cost of doing business poses threat to industry, discourages investment: PITAF

LAHORE: The Pakistan Industrial and Traders Associations Front (PITAF) has said that the high cost of doing business...

Updated 13 Mar, 2022 07:03am

Industry

Russia’s Nornickel hit hard amid sanctions, owner says

MOSCOW: Russian mining giant Norilsk Nickel has been facing transport and other problems after the West slapped...

Updated 13 Mar, 2022 07:00am

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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