Trends - Pakistan - Business Recorder

Pakistan

Mysterious flying object spotted by PIA pilot near Rahim Yar Khan

The pilot saw the flying object near Rahim Yar Khan while operating a regular flight (Airbus A-320) to Lahore from Karachi, according to the spokesperson.
Aside from the pilot, many residents of Rahim Yar Khan also spotted the shiny object in the say and made videos of it.

Updated 27 Jan, 2021 08:13pm

Pakistan

Pakistan pledges $25,000 contribution for UN Secy Gen's peace building fund

Qureshi stressed that ‘national ownership’ must remain the core principle of peace building and determine all decisions of the Fund.

Published 27 Jan, 2021 07:12pm

Sports

Cricket world praise Fawad Alam’s brilliance in Karachi Test

Azhar Ali and Fawad Alam showed great resilience and bought Pakistan back in the game.
He scored 109 with the help of nine boundaries and two maximums.

Updated 28 Jan, 2021 05:26pm

Pakistan

HEC advises universities to conduct exams based on their capacity

It said that HEC already allowed universities to use their discretion to conduct exams as long as the chosen mode provides a fair assessment of students’ performance.
“On-campus exams can be used only under strict compliance with all Covid-19 health and safety protocols.”

Updated 27 Jan, 2021 07:07pm

Sports

Fawad and Azhar hit fifties to keep South Africa at bay

Alam was holding fort on 63 as Pakistan reached 178 for six at tea, trailing South Africa's first innings total by 42 runs.

Published 27 Jan, 2021 05:51pm

Pakistan

Universities across Pakistan to reopen from February 1: NCOC

The decision was made during the session of the NCOC which was chaired by Asad Umar on Wednesday.
The stakeholders were also consulted during the session regarding the complete resumption of academic activities in the educational institutions.

Updated 27 Jan, 2021 06:38pm

Pakistan

Master Motors suspends bookings for Alsvin following an overwhelming response

The development was confirmed by the company’s Chief Executive Officer (CEO) Daniel Malik, after they received 1000 pre-bookings in just two days.
Company stopped booking more cars as the delivery period would exceed four months, which the buyers don’t like and investors start investing thereon.

Updated 27 Jan, 2021 04:46pm

Business & Finance

Govt spent Rs 6tr on past loans payments, says Faraz

He said Rs 1.2 trillion were provided to support different sectors especially the disadvantaged segments of the society in the wake of breakout COVID-19.

Published 27 Jan, 2021 02:58pm

Pakistan

IHC disposes of petition seeking online exams

The judge observed that this matter pertains to the HEC and that the court couldn’t do anything about it.
Two students, Ali Bin Shafaat and Sharyar Abbasi, filed the petition on January 18 challenging the university’s decision to hold on-campus examinations for fall semester.

Updated 27 Jan, 2021 03:26pm

Markets

Pakistan LNG buys three cargoes for March delivery

Pakistan LNG, a government subsidiary that procures LNG from the international market, also bought one cargo from Qatar Petroleum Trading for delivery over March 24 to 25 at a slope rate of 12.7%, they said.

Published 27 Jan, 2021 02:24pm

Business & Finance

Six projects in the offing to enhance Pakistan’s oil refining capacity

Pakistan refining capacity stood at 417,400 Barrels per Day (BPD) in the last fiscal year, while six more projects, investment initiatives and proposals are at different stages of implementation to increase the capacity by 1.1mn BPD.

Published 27 Jan, 2021 02:13pm

Pakistan

Peshawar University to hold exams online this year

The development was confirmed by the varsity in a notification issued to all heads of departments informing them about the decision.
The decision from the university came at the time when students across the country are protesting demanding online exam.

Updated 27 Jan, 2021 02:33pm

Pakistan

Most-wanted terrorist named in govt’s ‘Red Book’ arrested in Karachi

Abbas Jafri is a close aide of another most-wanted terrorist Yawar Abbas.
Jafri had received training from a neighbouring country in 2014 where he was taught medical and intelligence services, said the CTD spokesperson.

Published 27 Jan, 2021 02:04pm

Business & Finance

Pakistan secures GI tag for Basmati rice

Arif while praising the IPO and Ministry of Commerce was of the view that the protection in Pakistan would strengthen our case in the European Union against Indian claim of an exclusive basmati GI tag.

Published 27 Jan, 2021 01:21pm

Pakistan

Protest against on-campus exams: Lahore police register cases against 500 students

The protest turned violent when the police baton-charged and launched a crackdown against the students.
For the last few days, students have been staging protests outside the campus in favour of online exams.

Published 27 Jan, 2021 11:39am

Pakistan

COVID-19 outbreak: Health dept establishes 14 vaccination centres across Sindh

Nine vaccination camps have been established in Karachi, including two each in the South, East and Central districts, and one each in the Korangi, Malir and West districts
The health department has deployed trained staff at these centres equipped with all the necessary equipment

Published 27 Jan, 2021 11:15am

Business & Finance

Pakistan, Uzbekistan to discuss trade routes, PTA

The delegation which will be led by the Advisor to the Prime Minister on Commerce and Investment, Mr. Abdul Razak Dawood, will visit Uzbekistan from 31st January 2021 to 4th February 2021.

Published 27 Jan, 2021 11:07am

Pakistan

Manual processing of visas at Pakistani missions in UK will discontinue from February 1

From February 1, all visa applications will be processed through online visa portal only.
This decision is in line with Pakistan's decision to stop manual processing of visas from January 1 last.

Published 27 Jan, 2021 10:59am

BR Research

Currency – no excitement

The current account was in deficit in Dec-2020 after five straight months of surpluses. This coupled with SBP ...

Updated 27 Jan, 2021 10:38am

Pakistan

Kashmir Day: PM Imran to address public rally in Kotli on Feb 5

In a detailed meeting PM Imran Khan has announced to visit Kotli LoC on February 5.
The groundbreaking ceremony of a housing program for Azad Jammu and Kashmir would be held soon,

Updated 26 Jan, 2021 08:24pm

Pakistan

Pakistan, China can turn new page in agri, industrial modernization for shared benefits: Ambassador Haque

He informed that agriculture contributed almost 18% of GDP, provided employment for about 38% of total labor force in Pakistan.

Published 26 Jan, 2021 06:44pm

Pakistan

Over 1,000 patients treated in free medical camp

Former MPA Mehtab Akbar Rashdi says women, children need special attention.
The doctors and medical experts carried physical examination of patients suffering from Hypertension, Diabetes Mellitus, Breast Cancer and Tuberculosis.

Updated 26 Jan, 2021 06:00pm

Pakistan

Pakistan likely to receive Pfizer-BioNTech vaccine under COVAX programme

The WHO signed an advance purchase agreement with the American pharmaceutical, where it will receive at least 40 million doses of the drug.
It also anticipates another 50 million doses from UK-based pharmaceutical Oxford-Astrazeneca. As per the existing agreement with the company, the shipment will be made in first quarter of the year.

Published 26 Jan, 2021 05:09pm

Pakistan

Five injured as student protests in Lahore, Faisalabad turn violent

Students of the Central University of Punjab in Lahore staged a sit-in outside their campus and requested the management to hold talks with them at 2pm.
The students have demanded that either exam be taken online or universities should postpone the finals.

Updated 26 Jan, 2021 03:54pm

Pakistan

Zardari proposes jointly contesting Senate elections under PDM banner

He believes that a joint-candidature would allow the Opposition alliance to secure more seats.
The final decision in this regard will be made during the 11-party alliance's meeting slated for February 4.

Updated 26 Jan, 2021 03:05pm

Pakistan

PDM’s Kashmir Day rally venue changed on Nawaz Sharif’s request

The decision was made after a telephonic conversation between PML-N supremo Nawaz Sharif and JUI-F chief Maulana Fazl ur Rehman.
The rally will now take place in Azad Jammu and Kashmir instead of Rawalpindi.

Updated 26 Jan, 2021 05:20pm

Business & Finance

Expecting rise in demand, Hi-Tech Lubricants subsidiary announces expansion

“The executive management of the company has initiated the following expansion at the plant site of Hi -Tech Blending Private Limited (HTBL) (wholly-owned subsidiary of HTL) considering future high volumes of sales projection and increase in demand of locally blended products,” informed the company.

Published 26 Jan, 2021 01:04pm

Pakistan

I have asked HEC to consult VCs regarding online exams: Shafqat Mahmood takes notice of protests

The education minister was of the view that universities should also asses whether they have the technical ability to conduct exams for all students as no one can be left behind.
Mahmood has said that the decision to hold online exams lies with the universities.

Updated 26 Jan, 2021 03:47pm

Pakistan

Pak-WB discusses government development priorities

The Country Director, World Bank ensured their continuous support to Government of Pakistan in achieving the priority development objectives.

Published 25 Jan, 2021 09:24pm

Sports

Virus and security make Pakistan a tough tour, says Boucher

The first Test begins in Karachi on Tuesday, after the squad completed quarantine and returned negative Covid-19 tests.

Published 25 Jan, 2021 08:23pm

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 29	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 29 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 29 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 29 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 29 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 29 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 29 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 29 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 29 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 29 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

Pakistan

Most Popular