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Pakistan needs $16.3bn to recover from flood damages, says govt

Floods have caused damages to the tune of $14.91 billion and losses of over $15.23 billion, reveal findings of report

Updated 28 Oct, 2022 07:27pm

Pakistan

Punjab suspends two health officials over Nawaz Sharif's fake vaccination

Two suspects nominated in the FIR, Abul Hassan, and Adil, have been arrested
Investigation report states the hospital MS and additional MS committed negligence

Published 24 Sep, 2021 02:44pm

Business & Finance

Karachi emerges among least safe major cities in the world: EIU report

Ranked 59th out of 60 peers in The Safe Cities Index 2021 report compiled by The Economist Intelligence Unit

Published 21 Sep, 2021 12:06pm

World

COVID crisis pushed 75 million Indians into poverty in 2020

The number of Indians living below the poverty line is expected to reach 134 million, which is more than double the 59 million projected prior to the recession
The poverty rate in India rose to 9.7 percent in 2020, a sharp increase from the January 2020 forecast of 4.3 percent

Updated 05 May, 2021 11:01am

Pakistan

PM's vote of confidence will help attract investment in Pakistan: Bloomberg

Bloomberg states that Khan's victory could help Pakistan recover economically from the pandemic-induced contraction with the help of the International Monetary Fund’s six billion dollars loan programme
Prime Minister Imran Khan won the confidence of the National Assembly after 178 out of 342 lawmakers expressed their trust in his leadership.

Published 10 Mar, 2021 11:17am

World

Indonesia to resume search for victims, black box of crashed Sriwijaya jet

Indonesia’s national transportation safety committee expects to download the FDR data in the coming days.
The Sriwijaya crash is the second major airline disaster in Indonesia after.

Published 14 Jan, 2021 12:20pm

Business & Finance

SECP reforms lead to improvement in WB Ease of Doing Business Index

This improvement is primarily due to integration of SECP eServices with the Federal Board of Revenue (FBR) and the Employees Old Age Benefits Institution (EOBI) at the Federal level and with Business Registration portals of Punjab and Sindh at the Provincial level, stated SECP report.

Published 09 Jan, 2021 02:32pm

World

In past 30 years: 508 PSOs among 1,700 cops killed in IIOJK

Police say majority of the PSOs lost their lives while protecting the person or a politician they were deployed with
Police official says a fresh security advisory is on cards for the PSOs given the fact that many political leaders are taking part in rallies and campaigning in the wake of ongoing District Development Council

Published 15 Dec, 2020 11:26am

World

Cybercrime loss to exceed $1 trillion in 2020; up 50% since 2018

They attributed the increase to weaker security with more people working outside their workplace.

Updated 08 Dec, 2020 10:57am

World

COVID-19 could push one billion people into extreme poverty by 2030, UN warns

UN study suggests that the phenomenon can only be avoided by taking timely measures like investing in public health, social and safety net programmes and green transition

Published 04 Dec, 2020 11:04am

Business & Finance

'Second wave' hampers Pakistan’s Refining, Fuel Demand Growth Outlooks: Report

The report said that a sharp resurgence in new daily Covid-19 infections in Pakistan has put the brakes on the government’s economic reopening plans after earlier lockdowns.

Published 02 Dec, 2020 02:46pm

Markets

The State of Pakistan's Economy: Prudent policies kept economy on stabilization path

According to the report, following difficult but necessary stabilization efforts during the first nine months of the fiscal year, Pakistan’s economy was well on course for a steady recovery on the eve of the Covid-19 pandemic.

Updated 18 Nov, 2020 01:31pm

Pakistan

Lahore's rising air pollution could raise death risk for COVID-19 patients: Report

Lahore has been placed on top position in world ranking among most polluted cities with an air quality index of 306

Published 12 Nov, 2020 01:21pm

World

Violent attacks in Afghanistan increase by 50 percent amid peace talks: report

The report blamed the Taliban for launching attacks on cities and security installations, stating there are fears the recent spate of violence may jeopardise negotiations

Updated 06 Nov, 2020 09:15pm

Countries in Asia to witness sluggish economic recovery, warns IMF

The IMF made the analysis in view of the fact that many countries in the region are struggling to come out of the economic impact after the coronavirus pandemic

Updated 22 Oct, 2020 10:51am

Markets

SHC declares Sugar Inquiry Commission report as null and void, orders fresh probe

Court orders NAB, FBR and FIA to carry out an independent inquiry as per law

Published 17 Aug, 2020 04:25pm

Markets

China poised to beat US in digital currency race, admits Bank of America

Analysts say digital yuan could increase the Chinese currency’s use in international commerce

Updated 08 Jul, 2020 09:15pm

PIA plane crash occurred due to negligence of pilots and ATC, NA told

Ghulam Sarwar Khan pilots were discussing coronavirus situation throughout the flight.

Published 24 Jun, 2020 01:24pm

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Dec 11 Chakwal Spinning Mills Limited(CWSM)	3.35 ▲ 1.00 (42.55%)
First Elite Cap.Mod / Dec 11 First Elite Capital Modaraba(FECM)	5.99 ▲ 0.99 (19.80%)
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	4.80 ▲ 0.61 (14.56%)
Dar-es-Salaam / Dec 11 Dar-es-Salaam Textile Mills Limited(DSML)	8.49 ▲ 1.00 (13.35%)
Silk Bank Ltd / Dec 11 Silkbank Limited(SILK)	1.24 ▲ 0.14 (12.73%)
Nazir Cotton Mills / Dec 11 Nazir Cotton Mills Limited(NCML)	4.24 ▲ 0.44 (11.58%)
Pace (Pak) Ltd. / Dec 11 Pace (Pakistan) Limited(PACE)	2.85 ▲ 0.29 (11.33%)
Samba Bank / Dec 11 Samba Bank Limited(SBL)	9.93 ▲ 1.00 (11.20%)
Alfalah ETF. / Dec 11 Alfalah Consumer Index ETF.(ACIETF)	12 ▲ 1.01 (9.19%)
Trust Mod. / Dec 11 Trust Modaraba(TRSM)	2.17 ▲ 0.17 (8.50%)

Stock	Price
Sec. Inv. Bank / Dec 11 Security Investment Bank Limited(SIBL)	4.89 ▼ -0.85 (-14.81%)
Next Capital / Dec 11 Next Capital Limited(NEXT)	6 ▼ -0.60 (-9.09%)
Redco Textile / Dec 11 Redco Textiles Limited(REDCO)	6.23 ▼ -0.57 (-8.38%)
Asim Textile / Dec 11 Asim Textile Mills Limited(ASTM)	11.50 ▼ -0.98 (-7.85%)
Crescent Fib. / Dec 11 Crescent Fibres Limited(CFL)	74.02 ▼ -6.00 (-7.50%)
Dadex Eternit / Dec 11 Dadex Eternit Limited(DADX)	45.73 ▼ -3.71 (-7.50%)
J.A.Textile / Dec 11 J.A. Textile Mills Limited(JATM)	46.64 ▼ -3.78 (-7.50%)
Reliance Cotton / Dec 11 Reliance Cotton Spinning Mills Limited(RCML)	629 ▼ -51.00 (-7.50%)
Sunrays Textile / Dec 11 Sunrays Textile Mills Limited(SUTM)	111 ▼ -9.00 (-7.50%)
Masood Textile / Dec 11 Masood Textile Mills Limited(MSOT)	53.20 ▼ -4.30 (-7.48%)

Stock	Volume
K-Electric Ltd. / Dec 11 K-Electric Limited(KEL)	342,535,258 ▲ 0.05
WorldCall Telecom / Dec 11 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.05
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	65,177,500 ▲ 0.61
P.T.C.L. / Dec 11 Pakistan Telecommunication Company Ltd(PTC)	63,595,500 ▲ 0.45
Askari Bank / Dec 11 Askari Bank Limited(AKBL)	57,594,500 ▲ 0.57
Hascol Petrol / Dec 11 Hascol Petroleum Limited(HASCOL)	54,822,000 ▲ 0.57
Fauji Foods Ltd / Dec 11 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.10
Cnergyico PK / Dec 11 Cnergyico PK Limited(CNERGY)	46,684,647 ▼ -0.16
Pak Refinery / Dec 11 Pakistan Refinery Limited(PRL)	41,814,767 ▼ -1.64
Telecard Limited / Dec 11 Telecard Limited(TELE)	37,055,844 ▲ 0.37

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 11	284.32
USD PKR Interbank Buying / Dec 11	283.77
USD to Japanese Yen / Dec 11	145.58
USD to Swiss Franc / Dec 11	0.88
Pound Sterling to USD / Dec 11	1.25
Euro to USD / Dec 11	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
Nasdaq / Dec 8	14403.97
Dow Jones / Dec 8	36247.87
India Sensex / Dec 11	69967.53
Tokyo Nikkei / Dec 11	32791.80
Hang Seng / Dec 11	16156.22
FTSE 100 / Dec 11	7549.32
Germany DAX 30 / Dec 11	16771.35
France CAC40 / Dec 11	7538.69

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Crude Oil USD/Barrel / Dec 11	71.63
Gold Spot USD/Ounce / Dec 11	1996.45
Cotton US¢/pound / Dec 11	82.25

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