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government

Total oxygen production operational capacity increased to 798 tons, says Umar

Minister says the government has coped up in dealing with the rampant increase in the number of critical patients because of proactively building the capacity of the entire system from oxygen production to beds
The need for precautions and following SOPs is vital at this point in time as the next few weeks are critical: Umar

Published 30 Apr, 2021 10:48am

Pakistan

Pakistan calls on Army to assist police in enforcing COVID SOPs as third-wave sweeps the country

Government will take help from Pakistan Army to implement coronavirus SOPs: PM
Asad Umar says indoor and outdoor dining has been banned for the month of Ramazan while indoor gyms will also remain closed
5,870 people tested positive and 144 died in the last 24 hours as third-wave accelerates

Updated 25 Apr, 2021 09:46am

Pakistan

A lot of scope for changing prisoners’ conditions: minister

LAHORE: Punjab Senior Minister Abdul Aleem Khan has said that there is a lot of scope for changing the conditions of...

Updated 12 Apr, 2021 09:17am

World

Israeli President nominates Netanyahu to try and form government

On Tuesday, Israel's President nominated Prime Minister Benjamin Netanyahu to form a government, adding that no party leader has sufficient support to form a majority coalition.
Netanyahu holds the most support — 52 seats — in Israel's Knesset, but that is still short of a 61-seat majority.

Updated 06 Apr, 2021 06:09pm

Business & Finance

Indonesia expands tax breaks for sales of bigger cars

Indonesia's gross domestic product contracted for the first time since the 1998 Asian financial crisis last year, by 2.07% with household consumption and investment declining.

Published 02 Apr, 2021 11:16am

Business & Finance

Concerns raise over Private sector import of COVID-19 vaccines in Pakistan

“This anomaly of vaccine cost at more than 150% higher than the international market price is another serious issue of overcharging,” pointed out the letter.

Published 24 Mar, 2021 12:47pm

Pakistan

18 PSEs picked, but not a single privatised since 2018

ISLAMABAD: The government has selected 18 Public Sector Entities (PSEs) for privatisation, however it has not been...

Published 21 Mar, 2021 04:05am

Business & Finance

Govt decides to end Rs 140bn tax exemptions with upcoming ordinance

As per details, the federal government will bring in an ordinance to meet the IMF requirement, which will eliminate income tax exemption of up to Rs 140 billion for various sectors.

Published 20 Mar, 2021 11:19am

Business & Finance

Finance Ministry clarifies State Bank Amendment Act 2021

It is pertinent to mention that the SBP already has longstanding MoUs / arrangements with several international regulatory bodies/central banks, after approval of the Federal Government, read the ministry statement.

Published 18 Mar, 2021 10:56am

Business & Finance

Rising food, POL rate in intl markets escalating Pakistan's inflation rate, says expert

“If you look at the petroleum products in December receiving oil at $40 per barrel which now stands at $70 per barrel,” he said. The rise in rates of food and petroleum production ports in the international market have affected the domestic market, said Suleri.

Published 16 Mar, 2021 12:14pm

Business & Finance

ECC to approve Ramadan Package today

Finance Minister Abdul Hafeez Sheikh while addressing the media said that the Economic Coordination Committee will approve the package.

Published 10 Mar, 2021 12:20pm

Business & Finance

Govt release further funds for petroleum sector projects

As per the PSDP details, the government had earmarked an amount of Rs1,662.684 million for five ongoing projects, out of which Rs100 million were meant for expansion and up-gradation of Pakistan Petroleum Corehouse (PETCORE).

Published 03 Mar, 2021 03:22pm

Business & Finance

NEPRA approves another hike in electricity rates

As per details, NEPRA has approved an increase of Rs 0.83 per unit in electricity prices, but the increase will take effect after a notification is issued by the government.

Published 11 Feb, 2021 11:38am

Markets

China to sell 2,000 T of beef, mutton from reserves on Feb 10

The government has stepped up sales of reserve meat ahead of the Lunar New Year holiday .

Published 08 Feb, 2021 11:06am

Pakistan

Senate approves Compulsory Teaching of Arabic in Islamabad

On Monday, the Senate approved the Compulsory Teaching of the Arabic Language Bill 2020, making the teaching of Arabic mandatory in primary and secondary schools in Islamabad.

Published 02 Feb, 2021 12:49pm

Pakistan

COVID-19: Pakistan all set to vaccinate 300,000 health workers as campaign kicks off tomorrow

Faisal says that the process to vaccinate health workers will take two to three weeks
In the second phase, elderly people over 65 years of age will be vaccinated after which the vaccine would be made available to the public

Published 02 Feb, 2021 11:13am

Pakistan

Ban on Tiktok other apps: LHC seeks reply from federal govt

TikTok has claimed the lives of many youngsters, who while trying to shoot short videos for the app, had lost their lives, stated the petitioner.
These applications have become a source of promoting vulgar content and no action had been taken despite bringing the matter to the notice of the authorities concerned including the PTA.

Updated 29 Jan, 2021 03:45pm

Business & Finance

Govt release over Rs 319bn under PSDP

According to the latest data released by the Ministry of Planning, Development and Reform, the released funds include more than Rs 207 billion for federal ministries.

Published 14 Jan, 2021 10:23am

World

Britain records 1,243 new COVID-19 deaths, 45,533 new cases

The government also reported 45,533 new cases.

Published 13 Jan, 2021 12:05am

Pakistan

Govt stands with bereaved families of slain miners: Ali Nawaz

He said that India was behind the Mach terror incident and also involved in proxy war in Pakistan to create issues of sectarianism.

Updated 09 Jan, 2021 02:47am

Pakistan

Senate polls: SC issues written order into presidential reference

The reference was sent by President Arif Alvi in which he sought out court’s opinion under article 188 of the constitution.
In its written order, the apex court has issued notices to advocate generals, chairman Senate, speakers of the national and provincial assemblies and Election Commission of Pakistan (ECP).

Published 06 Jan, 2021 07:20pm

Pakistan

Private schools urge govt to reopen institutes from Jan 11

They said at least 80% of the schools across the country doesn’t have access to internet.
They also demanded an economic relief package from the government stating, “They should suspend registration fee and taxes for at least a year.”

Published 31 Dec, 2020 04:51pm

Pakistan

Opposition all set to hold power show at PPP-hosted public gathering in Garhi Khuda Bakhsh

PML-N Vice President Maryam Nawaz will address the rally while JUI-F chief Maulana Fazlur Rehman will not attend the public gathering
Over 7,000 police personnel have been deployed, including women commandos and traffic police personnel

Published 27 Dec, 2020 12:23pm

Pakistan

Govt files reference in SC seeking guidance on open ballot for Senate polls

The reference was filed under Article 186 of the Constitution.
The government has also sought out guidance of the court if the issue can be decided without amending the constitution and introducing amendment in section 122 (vi) of the Election Act 2017.

Published 23 Dec, 2020 04:00pm

Pakistan

Person could face hefty fine, five years in jail for using incorrect map of Pakistan, reads text message

As per the law, the punishment of wrongful representation of the map is five years or Rs5 million fine or both, states the message
Prime Minister Imran Khan unveiled the new political map of Pakistan in which IIOJK was included and made part of its territory

Published 20 Dec, 2020 02:49pm

Pakistan

PDM Lahore rally: Writ of govt will be enforced at all costs, Buzdar warns opposition

Buzdar says PDM leaders have been informed of the threats in writing and keeping in view of the situation, it is advised they postpone the rally
CM says those spreading coronavirus by holding public meetings are not sincere with the people

Published 12 Dec, 2020 05:32pm

Pakistan

Petition to cut ties with France: IHC moved for contempt proceedings against govt

Petitioner stated that the federal government has failed to implement court's order

Published 13 Nov, 2020 11:33am

Business & Finance

Govt institutions incur over Rs1tn loss in two years, Senate told

The Ministry of Finance said in a written reply that during the two years, the loss to government institutions was more than Rs 1,014bn, in the financial year 2017-18 the loss was 563.28bn, in 2018/19 Rs 450.84bn of loss was incurred.

Published 16 Oct, 2020 03:41pm

Business & Finance

Govt to spend Rs18bn to address urbanization challenges

Pakistan has the highest rate of urbanization in South Asia, and as per the Population Census of 2017; urbanization had increased from 32.52 percent to 36.38 percent from 1998 to 2017.

Published 12 Oct, 2020 12:55pm

Pakistan

Government reacts to oppositions' APC, demand for PM's resignation

Information and Broadcasting Minister Senator Shibli Faraz termed the meeting a 'flimsy attempt to put pressure on the government to back off on accountability'.

Updated 21 Sep, 2020 11:01am

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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