General News - Business & Finance

Commodities

Gold prices in Pakistan hit record high of Rs260,700 per tola

After declining in the previous session, gold prices in Pakistan surged on Monday, reaching record highs in line...

Updated 20 Aug, 2024 08:54pm

Commodities

Gold price per tola decreases Rs200 in Pakistan

After hitting record highs in the previous session, gold prices in Pakistan declined on Monday in line with the drop...

Published 19 Aug, 2024 12:54pm

General News

China's mega-rich move their wealth, and partying, to Singapore

SINGAPORE: Singapore is seeing an influx of ultra-wealthy families from China looking to protect their wealth from a...

Updated 04 Feb, 2023 03:54pm

General News

SpaceX Nasa Mission: Astronaut capsule docks with space station

Published 31 May, 2020 02:39pm

Front Top News

Was the recovery of PK8303’s CVR staged?

An A320 of the Pakistan International Airlines (PIA) crashed in the Model Colony neighbourhood of Karachi, w

Updated 28 May, 2020 03:02pm

General News

Online sales can create 780,000 employment opportunities in Pakistan: Chinese Scholar

 The traditional offline sales around the world have been seriously affected due to the outbreak of COVID-19. 
 M

Published 17 Nov, 2019 12:00am

General News

The Weather

The weather report on Friday (November 15, 2019) and the forecast for Saturday (November 16, 2019).

The weather report on Monday (November 04, 2019) and the forecast for Tuesday (November 05, 2019).

Updated 05 Nov, 2019 06:42am

General News

The Weather

The weather report on Sunday (November 03, 2019) and the forecast for Monday (November 04, 2019).

Updated 04 Nov, 2019 07:17am

General News

Public transport fares: SHC directs to issue Notification

Sindh High Court (SHC) on Friday directed provincial transport department to issue notification regarding fares of public transport. A division bench of SHC hearing the petition against increase in the fares of public transport didn't accept the statement

Updated 02 Nov, 2019 08:21am

General News

Lebanon sentences UK diplomat's murderer to death

A Lebanese court on Friday sentenced a taxi driver to death for the 2017 murder of British embassy worker Rebecca Dykes, the national news agency reported. The Mount Lebanon criminal court sentenced the accused to death for the rape and murder of the youn

Updated 02 Nov, 2019 07:39am

General News

US Interior Department grounds Chinese-made drones

The US Department of the Interior has grounded its fleet of Chinese-made drones as it conducts a review of the program. Nick Goodwin, an Interior Department spokesman, did not provide a reason for the decision but it comes amid US security concerns over C

Updated 02 Nov, 2019 06:55am

General News

Birth anniversary of Iqbal to be celebrated with zeal

Necessary arrangements are being finalized for celebrating birth anniversary of great philosopher and poet Allama Muhammad Iqbal with usual zeal and enthusiasm in the city and other parts of Sialkot district on November 9th.

Updated 02 Nov, 2019 08:21am

General News

Iraq protests enter second month, defying pledges of reform

Iraq's top cleric warned foreign actors on Friday against interfering in his country's anti-government protests as they entered their second month despite pledges of reform and violence that has left over 250 dead. The demonstrations have evolved since Oc

Updated 02 Nov, 2019 07:37am

General News

Minoan treasures found on Libyan Sea island: experts

Archaeologists in Greece have located a "major treasure" of Minoan origin in a Bronze Age settlement on a small island in the Libyan Sea, the culture ministry said Friday. A team excavating on the tiny island of Chrysi south of Crete for over a decade hav

Updated 02 Nov, 2019 06:55am

General News

Zia Mohyeddin awarded prestigious 'Jinnah Medal'

The Board of Directors and Management of the National Academy of Performing Arts (NAPA) announced that its President and CEO Zia Mohyeddin has been awarded the prestigious Jinnah Medal by the Pakistan Society (in the UK) in a ceremony in London. The Socie

Updated 02 Nov, 2019 08:21am

General News

Pompeo says Iraq must listen to protesters' 'legitimate demands'

The United States on Friday urged Iraq's government to listen to the "legitimate demands" of protesters who have been out on the street for a month and conduct a more credible probe into its crackdown. "The government of Iraq should listen to the legitima

Rescuers searching for seven South Koreans whose helicopter crashed into the sea shortly after taking off from islets disputed with Japan located the aircraft on Friday, Seoul officials said. The helicopter had just picked an injured fisherman up from Dok

Updated 02 Nov, 2019 07:35am

General News

Fugitive Malaysian 1MDB financier offered asylum: spokesperson

A Malaysian financier wanted for his role in the multi-billion-dollar 1MDB financial scandal has been offered asylum abroad, his spokesman said Friday, as reports surfaced he was in the Middle East. The news came a day after US officials announced that Lo

Updated 02 Nov, 2019 06:50am

General News

'Brick kilns will not be closed if air quality index improves'

Secretary Environment Protection Salman Ijaz has said that brick kilns will not be closed immediately in case of improving of air quality index. He stressed upon brick kiln owners to make their brick kilns environment friendly by converting the same on zi

Updated 02 Nov, 2019 08:00am

General News

Lebanon banks reopen as protests ease

Lebanon banks reopened for the first time in two weeks Friday as the country began to return to normal following mass demonstrations for radical political change. The unprecedented popular push to remove a political class seen as corrupt, incompetent and

Updated 02 Nov, 2019 07:34am

General News

The Weather

The weather report on Friday (November 01, 2019) and the forecast for Saturday (November 02, 2019).

Updated 02 Nov, 2019 06:04am

General News

Pakistan to stand by Kashmiris in their struggle against oppression: PM

Prime Minister Imran Khan on Friday reiterated the support of the government and people of Pakistan to the Kashmiris waging struggle against the Indian oppression and said being an ambassador of the Kashmir cause he would continue to internationalize thei

Updated 02 Nov, 2019 08:41am

General News

Need to make waste management part of curriculum

Segregation of waste, its collection and recycling should be made a part of schools' curriculum, starting at the kindergarten level to higher levels, educating children both of the needs and how to segregate waste according to its type. School children wi

Updated 02 Nov, 2019 07:58am

General News

Greece approves controversial migration law

Greece on Friday approved a law tightening asylum procedures that has been widely criticised by rights groups as harmful to the interests of migrants. The government says the new rules will allow it to focus on swiftly identifying refugees that need prote

Updated 02 Nov, 2019 07:31am

General News

Mayor demands due monetary share of Karachi

Mayor Karachi on Friday demanded the federal government to ensure due monetary share of Karachi, which has the largest contribution in the national economy. Referring to the Federal Board of Revenue's (FBR) latest report regarding city-wise tax contributi

Updated 02 Nov, 2019 08:30am

General News

Pak rescue team gets recognition

The representative from United Nations OCHA INSARAG Secretariat Geneva Switzerland Winston Chang officially announced that after clearing the classification and evaluation process, the Pakistan Rescue Team (1122) stands tall amongst the world elite as an

Updated 02 Nov, 2019 08:03am

General News

More fires and evacuations in weary California

Californian firefighters tackled fresh and fast-moving wildfires overnight Thursday, making headway against a number of major blazes that have forced mass evacuations and power cuts. Three rapidly moving infernos broke out Thursday in the southern part of

Updated 02 Nov, 2019 07:31am

General News

ANP to stand by anti-government movement: Asfandyar

ANP's chief Asfandyar Wali Khan has that Maulana Fazalur Rehman has declared war on the PTI government and they had stated in unequivocal terms that ANP is standing by its decision taken in this regard. In a statement issued from Wali Bagh, Charsadda here

Updated 02 Nov, 2019 08:30am

General News

JIS Fund through PERCENT: Ignite BoD approves to conduct feasibility study

The board of directors of Ignite has approved to conduct a feasibility study to establish Jiddat Investment & Support (JIS) Fund through Planning Commission of Pakistan.

Updated 02 Nov, 2019 07:56am

General News

Spain to host COP25 climate summit in December

Spain will host the COP25 climate summit in December, the UN said on Friday, after Chile abandoned plans to hold it due to deadly anti-government protests. "We are pleased to announce the COP Bureau has agreed that COP25 will take place from 2-13 December

US President Donald Trump announced Thursday that he will change his permanent residence from New York to Palm Beach, Florida, claiming he had been "treated very badly" in his native city. "My family and I will be making Palm Beach, Florida, our Permanent

Updated 02 Nov, 2019 07:04am

General News

Musharraf declared: PO in BB murder case

An anti-terrorism court (ATC) on Friday declared former president Pervez Musharraf as proclaimed offender (PO) over his failure to appear before the court in Benazir Bhutto murder case. As per details, the hearing of the case was held in the anti-terroris

Updated 02 Nov, 2019 08:27am

General News

CDA suspends two officials

Capital Development Authority (CDA) Friday suspended two officials on account of their acts of misconduct and inefficiency. The officials whose services have been placed under suspension include Shahid Iqbal, Supervisor Enforcement Directorate, and Gul Ta

Updated 02 Nov, 2019 08:04am

General News

Biden support slips in Iowa as Buttigieg surges

Joe Biden's grip on the 2020 Democratic nomination race loosened Friday in early-voting Iowa with a poll showing him slipping to fourth place behind leader Elizabeth Warren, and overtaken by small-town mayor Pete Buttigieg. Biden, the centrist former US v

Updated 02 Nov, 2019 07:03am

General News

Scandalising judiciary: Firdous served another contempt notice

Accepting unconditional apology on the earlier notice served on Special Assistant to Prime Minister for Information and Broadcasting Dr Firdous Ashiq Awan, Islamabad High Court (IHC) on Friday issued another contempt of court notice to her for scandalisin

Updated 02 Nov, 2019 08:27am

General News

Socio-economic uplift of deprived areas: 'Additional resources being allocated despite budget constraints'

Federal Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar has said that despite budget constraints, the incumbent government is allocating additional resources for socio-economic uplift of deprived areas through regional equalization pro

Updated 02 Nov, 2019 07:48am

General News

Russian Superjet lands safely in Siberia

A Russian Superjet 100 plane with 80 passengers made an emergency landing in Siberia after an engine failed, an airline spokeswoman told RIA Novosti news agency on Friday. The engine fault on the plane flying from the Siberian city of Tyumen to Saint Pete

Updated 02 Nov, 2019 07:02am

General News

UN chief 'saddened' over train tragedy

UN Secretary-General Antonio Guterres has expressed his sorrow over the deaths of dozens of people in a train that caught fire caused by an exploding gas stove near Liaquatpur city, Rahim Yar Khan district, on Thursday. "The Secretary-General is saddened

Updated 02 Nov, 2019 08:25am

General News

Ch Sarwar meets President

Punjab Governor Chaudhry Muhammad Sarwar called on President Dr Arif Alvi at Governor's House on Friday and discussed matters of mutual interest apart from matters concerning situation in the province of Punjab.

Updated 02 Nov, 2019 07:47am

General News

Algeria protesters call for 'new independence'

Demonstrators converged on Algiers in their thousands for a massive anti-government rally called to coincide with official celebrations of the anniversary of the war that won Algeria's independence from France. Protesters flooded the streets in numbers re

Updated 02 Nov, 2019 07:02am

General News

Funerals begin as town mourns victims of train fire

Distraught relatives gathered Friday for the first funerals of some of the 74 people killed when fire ripped through a crowded train near Rahim Yar Khan, with many of the victims residents of a single town. Sobbing family members crowded a government buil

Updated 02 Nov, 2019 08:25am

General News

Turkey begins joint patrols with Russia in northern Syria

Turkey started joint patrols with Russia in northern Syria Friday to verify whether Kurdish forces have withdrawn from a key border zone in compliance with a deal reached between Ankara and Moscow. The patrols, which began around 0900 GMT, follow an agree

Updated 02 Nov, 2019 07:41am

General News

Russia shuts down top rights group amid crackdown on critics

Russia's Supreme Court on Friday issued a ruling to wind up the operations of a respected rights group, sparking outrage amid an increasing crackdown on campaigners and the opposition. The group, For Human Rights, vowed to appeal the ruling, which is the

Updated 02 Nov, 2019 06:56am

General News

PU-IAGS organises job fair

Punjab University Institute of Agricultural Sciences (IAGS) has organized one day event titled "Entrepreneurship & Agri- Business Development Ideas and Job Fair" in collaboration with Agri Tourism Development Corporation of Pakistan and SA Group. Punjab U

Israel has approved the construction of 2,342 settler homes in the occupied West Bank, settlement watchdog Peace Now said on Thursday.

Updated 01 Nov, 2019 07:56am

General News

Need for baseline studies stressed to save people from pollution

There is a strong need to carry out fresh 'baseline studies' in major cities of the country to ascertain the level of pollution and types of pollutants in the environment to devise a strategy for combating this nuisance and saving the people from negative

Updated 01 Nov, 2019 08:16am

General News

Liaquatpur tragedy: Scanners at Cantt Station out of order for last six months

Defective luggage scanners at railway stations of Karachi & Hyderabad lured some of ill-fated passengers to take prohibited items (gas cylinders) with them, which may have caused Liaquatpur human tragedy.

A Berlin court on Thursday threw out a case brought by three farmers against Chancellor Angela Merkel's government over its failure to meet climate protection targets, hyped by campaigners as the first such legal challenge in Germany. After the government

Updated 01 Nov, 2019 07:16am

General News

Tezgam incident: Murad orders transporting deceased, injured back to Sindh

Sindh Chief Minister Syed Murad Ali Shah expressing his deep sorrow and profound grief on Tez Gam Express tragic incident directed divisional administrations, Hyderabad, Sukkur, Nawabshah, Mirpurkhas and Karachi to keep close contact with railway authorit

Updated 01 Nov, 2019 08:08am

General News

Third deadly quake in weeks hits Philippines

A powerful earthquake struck the southern Philippines on Thursday, killing at least five people and sparking searches of seriously damaged buildings that had already been rattled by two previous deadly tremors in recent weeks. The 6.5 magnitude quake hit

Updated 01 Nov, 2019 07:15am

General News

Navy rescues 'Kyarr' victims

Pakistan Navy conducted rescue operation in suburb areas of Keti Bandar and Shah Bandar in Thatta and Sajawal districts of interior Sindh which were affected by sea cyclonic storm 'Kyarr'. Pakistan Navy, upon receipt of information, reacted promptly and d

Updated 01 Nov, 2019 08:04am

General News

Johnson pledges Jan Brexit after missing 'do or die' deadline

Prime Minister Boris Johnson blamed his opposition Labour rival for Britain's failure to leave the European Union by Thursday's deadline and promised to deliver Brexit by January - if he wins the upcoming pre-Christmas election. Johnson is riding high in

Updated 01 Nov, 2019 07:27am

General News

Azadi March waters down Kashmir issue: JI chief

Chief of Jamaat-e-Islami, Senator, Siraj-ul-Haq on Thursday blamed the container-politics of opposition in Islamabad for upstaging Kashmir issue. Talking to reporters along with Justice Wajihuddin Ahmed (retd) at Idara Noor-e-Haq, the JI Chief said that K

Updated 01 Nov, 2019 08:04am

General News

North Korea fires short-range projectiles

North Korea fired two short-range projectiles on Thursday, the South's military said, with nuclear talks between Pyongyang and Washington at a deadlock. The weapons were launched from South Pyongan province in an easterly direction over the sea, Seoul's J

Updated 01 Nov, 2019 07:22am

General News

PIA condoles with families of Tezgam victims

CEO PIA Air Marshal Arshad Malik and the entire PIA family expressed their deepest condolences to the families of the victims who tragically lost their lives on the Tezgam Express. We pray for the departed souls and wish a speedy recovery to the injured.

Updated 01 Nov, 2019 07:42am

General News

Sustainable poverty graduation: Safety nets, livelihood opportunities termed critical

Safety nets and poverty graduation shall work hand in hand so that support through asset transfer, skills development and access to credit is pursued to provide the basis for policy development. This was stated by Hubert Boirard, Country Director Pakistan

Updated 01 Nov, 2019 10:48am

General News

More fires and evacuations in weary California

Firefighters battled several active wildfires on Thursday in California but appeared to make headway against a number of major blazes that have forced mass evacuations and power cuts. Two fast-moving infernos broke out early Thursday in the southern part

Updated 01 Nov, 2019 07:12am

General News

Karachi polling station: Qalb-e-Hassan wins SCBA polls

Syed Qalb-e-Hassan, presidential candidate of Independent Group on Thursday emerged triumphant at Karachi polling station of Supreme Court Bar Association (SCBA) election.

More than one million people took to the streets in Chile Friday for the largest protests in a week of deadly demonstrations demanding economic reforms and the resignation of President Sebastian Pinera. The leader told the thronging masses that he had "he

British Prime Minister Boris Johnson on Thursday offered parliament more time to scrutinise his Brexit deal if it agrees to hold a snap general election on December 12. The premier suspended debates on his EU divorce deal after MPs on Tuesday refused to r

Published 25 Oct, 2019 12:00am

General News

Azam Khan made AC -II judge

The government Thursday appointed Muhammad Azam Khan, district and sessions judge/judge special court (banking court), as Accountability Court-II judge.

Ministry of Industries and Production (MoI&P) is reportedly concerned that any deal for the revival of M/s Tuwairqi Steel Mills Limited (TSML) with Ciena Group of USA can be a potential case of NAB, well-informed sources told Business Recorder.

Published 25 Oct, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 25	248.38

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 25 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 25 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 25 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 25 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 25 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 25 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 25 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 25 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 25 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00