News stories for Syed Ahmed Raza

Syed Ahmed Raza

Pakistan

Pakistan to receive $153 million from World Bank for coronavirus vaccines

The funds will be issued under the Pandemic Response Effectiveness in Pakistan (PREP) project, originally approved in April 2020.
The project will strengthen the health system’s capacity to implement the vaccination campaign for its prioritized and eligible populations.

Published 14 May, 2021 05:18pm

Pakistan

Rawalpindi Ring Road Scam: Opposition demands removal of Zulfi Bukhar, Ghulam Sarwar

PML-N blamed that Zulfi and Sarwar had made billions in this project as their lands fell in the project area. He also termed this project another way for PM Khan to benefit his “ATMs.”

Published 14 May, 2021 03:52pm

World

Major airlines suspend flights to Israel as conflict with Palestine intensifies

Major European and American airlines have temporarily suspended flights to Israel due to escalating tensions with Palestine.
The decision is more of a precautionary measure due to increasing retaliatory rocket attacks from Hamas.

Updated 14 May, 2021 01:57pm

Business & Finance

Elon Musk says Tesla will no longer accept bitcoin for car payments

Tesla CEO Elon Musk has announced that his company will no longer accept bitcoin for car purchases.
Musk said the reason behind his change of mind was the long-brewing environmental concerns surrounding the mining process of bitcoin.

Updated 14 May, 2021 01:21pm

Business & Finance

Renault Sport changes its name to Alpine Cars

Back in January, the Alpine 'Business Unit' announced that Alpine, Renault Sport, and Renault’s motorsport operation would be combined into one entity.
This makeover is only superficial, as, on a practical level, little will change.

Published 12 May, 2021 07:55pm

Business & Finance

Toyota Yaris is officially the UK's most reliable car

Toyota Yaris was crowned as the most reliable car due to its superb 'reliability rating'.
The Yaris scored double compared to that of its nearest rival, the Ford Fiesta. Other cars that ranked among the top 5 most reliable cars in the United Kingdom include the Vauxhall Corsa and Astra.

Updated 08 Jul, 2021 07:23pm

Pakistan

New Saudi Arabia vaccine condition is a nightmare for Pakistani travelers

Saudi Arabia's new condition has made life difficult for Pakistanis intending to travel to the kingdom.
This is because the Gulf country’s list of recommended vaccines does not include any of the ones that have been manufactured in China.

Updated 12 May, 2021 03:37pm

Business & Finance

Aston Martin's first all-electric sports car is due in 2025

The new man behind Aston Martin, Tobias Moers is planning to release the company's first fully electric vehicle by 2025.
"In 2025 or 2026, our next-generation sports car. It’s a given. When it comes to an electric platform, you create one that serves sports cars and SUVs," he said in a recent interview.

Updated 12 May, 2021 02:39pm

World

Breaking: Shawwal crescent not sighted in Saudi Arabia, Eidul Fitr on Thursday

Shawwal moon has not been sighted in Saudi Arabia, the Eidul Fitr 2021 will be observed on Thursday, an official statement said.

Updated 11 May, 2021 09:17pm

Business & Finance

FBR reduces sales tax on petroleum products to keep petroleum prices unchanged

The FBR had to amend S.R.O. 57(I)/2016 (sales tax on petroleum products) through a notification S.R.O. 557 (I)/2021 on Monday.
The sales tax on Kerosene oil has been reduced from 17 percent to 15.44 percent on Kerosene oil and from 17 percent to 7.56 percent on Light diesel oil.

Updated 11 May, 2021 08:39pm

Business & Finance

Hyundai to start local assembly of Santa Fe SUV

The Korean automaker Hyundai is planning to commence the local assembly of the Santa Fe.
The vehicle is already on sale in Pakistan as a CBU in only one trim-level, i.e. the GLS.

Updated 11 May, 2021 07:08pm

Business & Finance

Here is an update on Honda City variants and advance bookings

Honda City will be available in five variants. Two of them are fitted with a 1200cc engine and the other three have a 1500cc powertrain.
The first two are manual and the other three are CVT transmission variants.

Updated 11 May, 2021 05:16pm

Pakistan

COVID-19: Bannu imposes Section 144 in the city for one month

DC Bannu said that the step has been taken to “prevent danger to human life and disturbance of public peace and tranquility”.

Updated 11 May, 2021 03:25pm

Pakistan

Govt starts walk-in vaccination for people above 40 from Wednesday

The walk-in vaccination for people above 40 years of age will start tomorrow.
Only registered individuals can walk into any vaccination center and get a jab. For registration, people must send their CNIC to 1166.

Updated 11 May, 2021 02:15pm

Pakistan

Pakistan to receive 1.2 million more doses of AstraZeneca vaccine next month

Pakistan received 1.2 million AstraZeneca doses on May 8 through the United Nations' COVAX program on May 8.
The second batch of the COVID-19 vaccine is expected to be delivered next month.

Updated 10 May, 2021 09:23pm

Pakistan

Covid-19: Kuwait bans flights from Pakistan, Nepal and Bangladesh

Travelers from these countries will be banned unless they reside outside these countries for at least 14 days.
The cargo flights, however, will continue, as usual, an official statement from the Directorate General of Civil Aviation-Kuwait said.

Updated 10 May, 2021 08:02pm

World

OIC convenes emergency meeting following the attack on Al-Aqsa Mosque worshippers

The OIC meeting will discuss the despicable attack by Israeli security forces on Muslims offering prayers in Al-Aqsa Mosque.
On Monday morning, Israeli forces launched a fresh attack on Palestinians gathered in the holy mosque with rubber-coated bullets, stun grenades, and tear gas shells, injuring hundreds of worshippers.

Published 10 May, 2021 06:35pm

Business & Finance

Toyota production to top 10 million units in 2020

The success of the plan will see Toyota crossing the 10 million mark for the first time in 8 years.
Notably, Toyota sales surpassed that of Volkswagen in 2020, reclaiming its title as the world’s top-selling automaker for the first time in 5 years.

Updated 10 May, 2021 05:41pm

Business & Finance

Elon Musk reveals he has Asperger's syndrome

Asperger Syndrome is a neurodevelopmental disorder that manifests itself with difficulties in engaging in social interactions and nonverbal communication.
Elon Musk is being lauded for openly admitting to being on the spectrum.

Updated 10 May, 2021 03:38pm

World

Hundreds injured as Israeli forces launch fresh attack on Al Aqsa Mosque compound

Israeli forces stormed the Al-Aqsa Mosque compound on Monday morning, firing rubber-coated bullets, tear gas, and stunned bombs at armless Palestinian worshippers.
The violence comes as Israel marks Jerusalem Day on Monday.

Updated 10 May, 2021 02:07pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Apr 2	149.97
USD to Swiss Franc / Apr 2	0.88
Pound Sterling to USD / Apr 2	1.29
Euro to USD / Apr 2	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
Nasdaq / Mar 28	17,322.99
Dow Jones / Mar 28	41,583.90
FTSE 100 / Apr 1	8,653.57
Germany DAX 30 / Apr 1	22,445.60
France CAC40 / Apr 1	7,860.39
India Sensex / Apr 2	76,432.38
Tokyo Nikkei / Apr 2	35,703.81
Hang Seng / Apr 2	23,135.12

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Petrol/Litre / Apr 2	254.63
Crude Oil USD/Barrel / Apr 2	71.15
Gold Spot USD/Ounce / Apr 2	3,116.61
Diesel/Litre / Apr 2	258.64
Cotton US¢/pound / Apr 2	68.26

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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