News Archives for Pakistan - 2022-08-17 - Business Recorder

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Pakistan - 2022-08-17

IMF says Executive Board meeting set for August 29

Business & Economy

IMF says Executive Board meeting set for August 29

Will meet for combined seventh and eight review under the Extended Fund Facility

Updated 17 Aug, 2022 11:18pm

Imran Khan’s nomination rejected for NA-108 by-poll in Faisalabad

Imran Khan’s nomination rejected for NA-108 by-poll in Faisalabad

ECP says his papers were rejected due to 'insufficient details regarding his assets'

Updated 17 Aug, 2022 10:05pm

Ongoing monsoon spell: PMD warns of urban flooding, water-logging across Pakistan

Ongoing monsoon spell: PMD warns of urban flooding, water-logging across Pakistan

States that low-lying areas can get submerged

Published 17 Aug, 2022 04:06pm

Islamabad court sends Shahbaz Gill on two-day physical remand

Islamabad court sends Shahbaz Gill on two-day physical remand

Gill was arrested by Islamabad Police outside Banigala Chowk for 'making statements against state institutions and inciting the people to rebellion'

Updated 17 Aug, 2022 06:21pm

Miftah urges focus on exports at Islamabad summit

Business & Economy

Miftah urges focus on exports at Islamabad summit

Finance minister says electricity generation has doubled in 9 years, but that has not translated to industrial production growth in the same proportion

Updated 17 Aug, 2022 08:27pm

UAE president confers Order of Union Medal on Pakistan army chief

UAE president confers Order of Union Medal on Pakistan army chief

President of UAE Sheikh Mohamed Bin Zayed Al Nahyan and General Bajwa discuss matters of mutual interest, bilateral defense and security cooperation

Updated 17 Aug, 2022 04:20pm

Sindh: more widespread rain-thunderstorms likely

Sindh: more widespread rain-thunderstorms likely

KARACHI: More widespread rain-thunderstorms with scattered heavy to very heavy falls are expected across Sindh until...

Published 17 Aug, 2022 07:27am

ADSJ issues notice to Gill, seeks arguments

ADSJ issues notice to Gill, seeks arguments

ISLAMABAD: Following the direction of the Islamabad High Court (IHC) to the local court to rehear a review petition...

Published 17 Aug, 2022 07:25am

2nd Phase of Sindh Local Government elections: 2,528 polling stations declared ‘highly sensitive’

2nd Phase of Sindh Local Government elections: 2,528 polling stations declared ‘highly sensitive’

KARACHI: As the 2nd phase of Sindh Local Government elections is being held in Karachi and Hyderabad divisions on...

Published 17 Aug, 2022 07:23am

Intra-party elections case: Punjab CM challenges ECP’s jurisdiction

Intra-party elections case: Punjab CM challenges ECP’s jurisdiction

ISLAMABAD: Chief Minister Punjab Chaudhry Pervez Elahi has challenged before the Election Commission of Pakistan...

Published 17 Aug, 2022 07:22am

Zardari slams govt for increasing petrol price

Zardari slams govt for increasing petrol price

ISLAMABAD: Pakistan Peoples Party (PPP) co-chairman Asif Ali Zardari expressed serious concern over the increase in...

Published 17 Aug, 2022 07:20am

One-third of telemetry instruments of Wapda not working

One-third of telemetry instruments of Wapda not working

LAHORE: About one-third telemetry instruments of Water and Power Development Authority (Wapda) are out of order,...

Published 17 Aug, 2022 07:19am

US to contribute $100,000 to flood relief efforts

US to contribute $100,000 to flood relief efforts

ISLAMABAD: The United States will provide $100,000 to support the flood relief efforts and humanitarian assistance ...

Published 17 Aug, 2022 06:07am

Marri highlights govt’s approach to challenge of poverty

Marri highlights govt’s approach to challenge of poverty

ISLAMABAD: Federal Minister for Poverty Alleviation and Social Safety Shazia Atta Marri on Tuesday said that there ...

Published 17 Aug, 2022 06:07am

Punjab govt launching ‘Ehsaas Programme’

Punjab govt launching ‘Ehsaas Programme’

LAHORE: On the instructions of Chairman PTI Imran Khan, the Punjab government is initiating the ‘Ehsaas...

Published 17 Aug, 2022 06:07am

Torture ‘meted out’ to Gill: Adiala Jail superintendent removed

Torture ‘meted out’ to Gill: Adiala Jail superintendent removed

LAHORE: After reshuffling hundreds of police officers in Punjab for allegedly manhandling the Azadi March...

Published 17 Aug, 2022 06:07am

Six more development schemes approved

Six more development schemes approved

LAHORE: The Punjab Provincial Development Working Party approved six development schemes of various sectors with an...

Published 17 Aug, 2022 06:07am

Punjab Prohibition of Interest on Private Loans Bill 2022 passed

Punjab Prohibition of Interest on Private Loans Bill 2022 passed

LAHORE: The Punjab Assembly on Tuesday unanimously passed The Punjab Prohibition of Interest on Private Loans Bill...

Published 17 Aug, 2022 06:07am

‘Soviet occupation of Afghanistan and the Kashmir Resurrection’

‘Soviet occupation of Afghanistan and the Kashmir Resurrection’

Excerpts from the book “Avoiding Armageddon: America, India, and Pakistan to the Brink and Back” by Bruce Riedel

Published 17 Aug, 2022 06:07am

358 Covid-19 cases, 8 deaths reported across country

358 Covid-19 cases, 8 deaths reported across country

ISLAMABAD: Pakistan on Tuesday reported 358 positive cases of coronavirus and eight Covid-19-related deaths across...

Published 17 Aug, 2022 06:07am

Beaconhouse & Tech Valley sign MoU

Beaconhouse & Tech Valley sign MoU

KARACHI: Beaconhouse, a global network of private schools and institutes educating over 315,000 students in seven...

Published 17 Aug, 2022 06:07am

Captain Usman (retd) made Chief Commissioner ICT

Captain Usman (retd) made Chief Commissioner ICT

ISLAMABAD: Federal government on Tuesday transferred Captain Muhammad Usman (retd) from Punjab government and is...

Published 17 Aug, 2022 06:07am

‘Pakistan-Iran train service partially restored’

‘Pakistan-Iran train service partially restored’

CHAGAI: The train service between Pakistan and Iran, which remain suspended for the last 25 days, has been partially...

Published 17 Aug, 2022 06:07am

Physical remand of Gill: IHC refers matter to sessions’ court

Physical remand of Gill: IHC refers matter to sessions’ court

ISLAMABAD: The Islamabad High Court (IHC), Tuesday, declared the government’s petition challenging the rejection ...

Published 17 Aug, 2022 06:07am

Erstwhile tribal areas: Mazari again raises objections over visit of US envoy

Erstwhile tribal areas: Mazari again raises objections over visit of US envoy

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Dr Shireen Mazari on Tuesday once again raised objections over the...

Published 17 Aug, 2022 06:07am

Moderate flash flooding expected in tributaries of Kabul & Indus

Moderate flash flooding expected in tributaries of Kabul & Indus

LAHOPRE: Moderate flash flooding is expected in the tributaries of rivers Kabul and Indus during next 24 hours, said...

Published 17 Aug, 2022 06:07am

‘Pakistan needs plan for import substitution’

‘Pakistan needs plan for import substitution’

KARACHI: Pasban Democratic Party (PDP) chairman Altaf Shakoor has said that Pakistan needs plan for import...

Published 17 Aug, 2022 06:07am

PFA continues operation against superstores, marts

PFA continues operation against superstores, marts

LAHORE: The Punjab Food Authority (PFA) enforcement teams continued its operation against superstores and marts...

Published 17 Aug, 2022 06:07am

Governor for increasing country’s exports: Political parties should make ‘Charter of Economy’: Governor

Governor for increasing country’s exports: Political parties should make ‘Charter of Economy’: Governor

LAHORE: Emphasizing the need for increasing the country’s exports to stabilize the economy, Punjab Governor...

Published 17 Aug, 2022 06:07am

Punjab govt to hold tree plantation competition

Punjab govt to hold tree plantation competition

LAHORE: The Punjab government has decided to hold a tree plantation competition among all the parks &...

Published 17 Aug, 2022 06:07am

Punjab once again on path of development: Cheema

Punjab once again on path of development: Cheema

LAHORE: Adviser to CM on Information Umer Sarfraz Cheema has said that ‘Calibri Font Queen’ is showing extreme...

Published 17 Aug, 2022 06:07am

LG polls in Sindh: SC concerned over delimitation of constituencies for Phase-II

LG polls in Sindh: SC concerned over delimitation of constituencies for Phase-II

ISLAMABAD: The Supreme Court expressed concern over the delimitation of constituencies for the phase-II of Local...

Published 17 Aug, 2022 06:07am

SECP issues Master Circular

SECP issues Master Circular

ISLAMABAD: To facilitate the asset management industry in compliance with statutory/regulatory requirements in an...

Published 17 Aug, 2022 06:07am

Senate body terms PNSC chairman’s refusal to vacate office ‘unlawful act’

Senate body terms PNSC chairman’s refusal to vacate office ‘unlawful act’

ISLAMABAD: The Senate Standing Committee on Maritime Affairs termed the Pakistan National Shipping Corporation ...

Published 17 Aug, 2022 06:07am

SU VC fears 2,000 girl students may deprived of higher education

SU VC fears 2,000 girl students may deprived of higher education

HYDERABAD: The Vice-Chancellor University of Sindh Professor (Meritorious) Dr. Muhammad Siddique Kalhoro has said...

Published 17 Aug, 2022 06:07am

The Weather

The Weather

KARACHI: The weather report on Tuesday (August 16, 2022) and the forecast for Wednesday (August 17, 2022)....

Published 17 Aug, 2022 06:07am

PTI’s plea against ECP’s report: IHC decides to constitute larger bench

PTI’s plea against ECP’s report: IHC decides to constitute larger bench

ISLAMABAD: The Islamabad High Court (IHC) decided to constitute a larger bench to hear the Pakistan Tehreek-e-Insaf...

Published 17 Aug, 2022 06:07am

Two cops martyred in attack on polio team in Tank

Two cops martyred in attack on polio team in Tank

PESHAWAR: Two police personnel have been martyred due to the firing of unknown assailants in Kot Azam area of...

Published 17 Aug, 2022 06:07am

20 killed in bus-oil tanker collision at Multan

20 killed in bus-oil tanker collision at Multan

MULTAN: At least 20 people lost their lives as a passenger bus caught fire after a collision with an oil tanker at...

Published 17 Aug, 2022 06:07am

Minimum wage raised to Rs26,000 by KP govt

Minimum wage raised to Rs26,000 by KP govt

PESHAWAR: The provincial government of Khyber Pakhtunkhwa has approved enhancing the minimum rates of wages as...

Updated 17 Aug, 2022 09:32am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 7	277.73
USD PKR Interbank Buying / Oct 7	277.53
USD to Japanese Yen / Oct 7	148.30
USD to Swiss Franc / Oct 7	0.86
Pound Sterling to USD / Oct 7	1.31
Euro to USD / Oct 7	1.10

Stock	Volume
S&P 500 / Oct 5	5,751.07
Nasdaq / Oct 5	18,137.85
Dow Jones / Oct 5	42,352.75
India Sensex / Oct 7	81,336.17
Tokyo Nikkei / Oct 7	39,332.74
Hang Seng / Oct 7	22,983.62
FTSE 100 / Oct 7	8,269.74
Germany DAX 30 / Oct 7	19,055.18

Item	Value
Gold 10 Grams PKR / Oct 5	237,401.20
Petrol/Litre / Oct 7	247.03
Crude Oil USD/Barrel / Oct 7	74.43
Karachi Cotton PKR/37.32 KG / Oct 7	18,485
Gold Spot USD/Ounce / Oct 7	2,644.79
Diesel/Litre / Oct 7	246.29

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 7 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 7 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 7 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 7 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 7 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 7 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 7 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 7 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 7 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 7 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 7 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 7 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 7 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 7 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 7 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 7 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 7 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Beijing calls for investigation after two Chinese nationals killed in Karachi airport blast

Beijing calls for investigation after two Chinese nationals killed in Karachi airport blast

NJLI Sarmaya Growth Fund Rates

‘The solar push: flying too close to the sun?’

‘The solar push: flying too close to the sun?’

14 business categories: FTO issues notice to FBR on compulsory integration

14 business categories: FTO issues notice to FBR on compulsory integration

PM directs including DBHP in CPEC

PM directs including DBHP in CPEC

Rebasing of electricity tariffs likely from Jan 1

Rebasing of electricity tariffs likely from Jan 1

Reducing power tariff top priority: Awais

Reducing power tariff top priority: Awais

1,320 MW coal plant: PQEPC threatens to halt operations

1,320 MW coal plant: PQEPC threatens to halt operations

Many filed income tax returns thru ‘FTO desk’

Many filed income tax returns thru ‘FTO desk’