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Hassan Abbas

Pakistan

Pakistan Migration Report 2020 launched: Dr Ishrat lauds role of expats in improving socio-economic indicators

Adviser to the Prime Minister on Institutional Reforms and Austerity Dr Ishrat Hussain said on Wednesday that overseas Pakistanis are playing an important role in improving the socio-economic indicators of Pakistan through their contribution to the knowle

Published 20 Feb, 2020 12:00am

Pakistan

Private varsities urge PM to take notice of PHED, PHEC's actions

In a bid to resist the action of Punjab Higher Education Department (HED) and Punjab Higher Education Commission (PHEC) of regularizing the programs and sub-campuses of the private universities, the newly-formed Association of Private Sector Universities

Published 16 Feb, 2020 12:00am

Pakistan

Average per kWh electricity generation cost to increase 10 percent in FY2024-25: LUMS report

The average per kWh electricity generation cost in the country will increase from Rs10.87 in FY2018-19 to Rs12 in FY2024-25, showing a 10 percent increase in just six years and a 67 percent increase since FY2015-16 while the annual capacity payments of po

Published 31 Jan, 2020 12:00am

Pakistan

Gas shutdown in Punjab: Opposition protests against closure of power looms

Opposition in Punjab Assembly on Wednesday protested against the closure of power looms due to the gas shut down in Punjab.

Published 30 Jan, 2020 12:00am

Government, opposition blame each other for flour crisis in PA

The Opposition and government legislators in session of Punjab Assembly on Friday blamed each other for ongoing flour crisis in the country. The session started almost two hours late under the chair of Deputy Speaker Sardar Dost Muhammad Mazari.

Published 25 Jan, 2020 12:00am

Pakistan

In-house change not unconstitutional, says Hamza

Opposition leader in Punjab Assembly Hamza Shahbaz Sharif said on Thursday that in house change in parliament is not unconstitutional. He was talking to media outside the Punjab Assembly. He also said that PML-N has opened its doors and windows for every

Published 24 Jan, 2020 12:00am

Pakistan

Belt and Road Initiative: India, Pakistan can help in boosting positive spillover effects of Chinese investments

By adopting a people centered approach towards the development of the regions that fall under Belt and Road Initiative, India and Pakistan can help in boosting the positive spill over effects of Chinese investments including in areas such as employment, v

Published 23 Jan, 2020 12:00am

Pakistan

PHEC warns against offering unapproved courses

The Accreditation Committee of the Punjab Higher Education Commission recommended that the private sector Higher Education Institutes (HEIs) offering un-approved programmes should be fined Rs 5 million per programme per year.

Published 22 Jan, 2020 12:00am

Business & Finance

Pakistan and China: report underscores need for strengthening financial cooperation

The report on internationalization of RMB states that future financial cooperation between China and Pakistan in capital market needs to be strengthened, especially in the bond market. The advantages of China's third party e-payment and fintech into full

Published 21 Jan, 2020 12:00am

Pakistan

Extra marks to minister's son: CM approves proceedings against BISE Rawalpindi officials

Punjab chief minister has given approval for taking action under the provisions of PEEDA Act, 2006, against officers of the Board of Intermediate and Secondary Education Rawalpindi and an officer of the Higher Education Department on charges of awarding e

Published 18 Jan, 2020 12:00am

Pakistan

Lahorites facing acute gas shortage

The people in provincial metropolis are facing acute gas shortage as demand for the commodity has increased due to drop in mercury levels.

Published 17 Jan, 2020 12:00am

Pakistan

Social media: Punjab Assembly demands government block blasphemous material

The Punjab Assembly on Tuesday unanimously passed a resolution against those making blasphemous remarks in the name of freedom of expression. The resolution was submitted by provincial minister Ammar Yasir. It demanded that steps should be taken to block

Published 01 Jan, 2020 12:00am

Pakistan

Punjab PA unanimously passes University of Chakwal Bill 2019

The Punjab Assembly on Monday unanimously passed University of Chakwal Bill 2019 after accepting the amendment of opposition of changing the name from University of North Punjab to University of Chakwal. The amendment was moved by PML-N MPA Waris Shad whi

Published 31 Dec, 2019 12:00am

Pakistan

Punjab varsity produces 243 PhDs in one year: VC

Punjab Governor Chaudhry Muhammad Sarwar has said that the West should learn from Pakistan how to fight terrorism as it has defeated terrorists with the valour and unprecedented sacrifices of Pakistan Army, law enforcement agencies and Pakistani nation. H

Published 29 Dec, 2019 12:00am

Pakistan

Recruitments in PPSC made on merit: Basharat

Punjab law minister Raja Basharat said on Friday that all the recruitments in public service commission were made on merit. It is the only institute where people were get jobs on merit. He expressed these views while opening the discussion on the annual r

Published 28 Dec, 2019 12:00am

Pakistan

Attack on PIC: Law minister asked to hold in-camera briefing

Punjab Assembly Speaker Chaudhry Pervez Elahi on Thursday directed the Punjab Law Minister Raja Basharat to hold in-camera briefing for the members of the assembly on the lawyers attack on Punjab Institute of Cardiology on December 11, 2019.

Published 27 Dec, 2019 12:00am

Pakistan

LCWU decides to allocate substantial funds for research: VC

Vice Chancellor Lahore College for Women University (LCWU) Professor Dr Bushra Mirza said that university have decided to allocate a substantial fund for research and are also looking towards the Higher Education Commission Pakistan (HEC) and other bodies

Published 26 Dec, 2019 12:00am

Pakistan

Punjab PA speaker dissatisfied with anti-dengue drive

Punjab Assembly Speaker Pervez Elahi on Monday showed his reservations on anti-dengue drive run by the PTI-led coalition government in the province.

Published 24 Dec, 2019 12:00am

Pakistan

Punjab PA condemns Indian atrocities in IOK

The Punjab Assembly on Thursday passed a unanimous resolution for condemning Indian atrocities in Occupied Jammu and Kashmir and unilateral step of abrogating its special status. It also condemned India's Citizenship (Amendment) Act, 2019, and termed it d

Published 20 Dec, 2019 12:00am

Pakistan

Punjab PA adopts three bills amid opposition's boycott

The Punjab Assembly on Wednesday passed Punjab Local Government (Amendment) Bill 2019, The Punjab Probation and Parole Service Bill 2019 and the Punjab Village Panchayats and Neighborhood Council (Amendment) Bill 2019 in the absence of opposition.

Published 19 Dec, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 25	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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