News Archives for Print - 2019-10-06

Currency

THE RUPEE: falling trend

KARACHI: The rupee continued slide on the money market on Saturday in process of trading activity, dealers said. The rupee shed 10 paisas more in terms of the dollar for buying and selling at Rs 156.30 and Rs 156.80, they added.

Published 06 Oct, 2019 12:00am

Ecuador sees oil output of 590,000 bpd in 2020

Ecuador expects crude production to rise to 590,000 barrels-per-day (bpd) in 2020 after its planned withdrawal from the Organization of the Petroleum Exporting Countries (Opec), the energy minister said on Thursday. The Andean producer is pulling out of O

Published 06 Oct, 2019 12:00am

Exchange

Over 20 percent of Argentina's corn crop planted, wheat harvest starts

About 20.6% of Argentina's 2019/20 corn crop has been planted so far while the season's wheat harvest has begun in early-planted northern farm areas, the Buenos Aires Grains Exchange said in its weekly report on Thursday. Argentine growers are expected to

Published 06 Oct, 2019 12:00am

MBS for peace, not war

That war in the Gulf region would gut world economy is a fact. But this war is avertable, and for that Saudi Arabia has asked the world to "come together to deter Iran," adding that it preferred a "political solution to a military one". The latest Saudi p

Updated 08 Oct, 2019 06:30am

Neglected still

Balochistan gets attention either within the context of CPEC or when there is a terrorist attack, but most of the reasons causing the Baloch people's alienation from the federation continue to be ignored. After a recent fact-finding mission, the Human Rig

Updated 08 Oct, 2019 06:35am

Exchange

Criticality of PPP

The interest rate was last up in Jul-19 with a clear signal of peaking; exchange rate has appreciated in the last quarter. Many pundits believe that things have bottomed; and recovery is imminent in a few months. The question is why the anxiety in the bus

Updated 07 Oct, 2019 11:15am

Exchange

Reforming SOEs in Pakistan - III

Here, it may also be indicated that the same EFF document indicates that Pakistan intends 'jumpstarting the privatisation process', but no details have been indicated as to whether the country will take the route of the so-called 'golden age of privatisat

Published 06 Oct, 2019 12:00am

Textiles get their moment in the art world spotlight

From weaving to embroidery, the world of textiles - often largely ignored at Western contemporary art showcases - is taking centre stage this weekend at the "Frieze London" art fair.

Published 06 Oct, 2019 12:00am

Senate Republicans, vital for Trump, lay low as scandal rages

Most Republicans in the US Senate have taken the path of least resistance - staying silent - as they grapple with President Donald Trump's swirling impeachment firestorm.

Updated 07 Oct, 2019 10:05am

Afghan peace in sight?

It is quite clear that the timing of Taliban visit, which has coincided with that of Washington's special peace envoy for Afghanistan, indicates that Pakistan is seeking to help restart the talks. Pakistan is always for an Afghan-owned and Afghan-led solu

Published 06 Oct, 2019 12:00am

Economy moving forward on positive trajectory: Firdous

Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan Saturday said the country's economy is moving forward on the positive trajectory and deficits are witnessing a downward trend.

Published 06 Oct, 2019 12:00am

PFC to hold 11th mega 'Interiors Pakistan' expo

Pakistan Furniture Council (PFC) on Friday announced to hold three-day mega 11th "Interiors Pakistan" Expo-2019 to promote local furniture industry worldwide and enhancing its exports besides providing an opportunity to showcase their products to attract

Published 06 Oct, 2019 12:00am

PTI local leader killed

A local leader of Pakistan Tahreek-e-Insaf (PTI) was gunned down by unknown armed men near Madni Masjid, Azizabad area in the limits of Azizabad Police Station, rescue sources said. The deceased was identified as Asif Haroon, 50, who lived in Sadiqabad. T

Published 06 Oct, 2019 12:00am

JUI's protest: Rasheed accuses Shahbaz of playing role of 'Double Shah'

Federal Minister for Railways Sheikh Rasheed Ahmed has said that Opposition leader in National Assembly (NA) Shahbaz Sharif is playing a role of 'Double Shah' in JUI-F's protest on 27th of October which has exposed his real face before the people.

Published 06 Oct, 2019 12:00am

Dubai Parks and Resorts organises road-show

Dubai Parks and Resorts organized a road-show here on Saturday in collaboration of Arabian Oryx Dubai, Magic Tours and Flair Pvt Limited to expand tourism and recreational facilities for visitors coming from Pakistan. Dubai Parks and Resorts, the first in

Published 06 Oct, 2019 12:00am

CM opens hepatitis treatment centre in Multan

Punjab Chief Minister Sardar Usman Buzdar has inaugurated different projects in Multan on Saturday and laid the foundation stone. "Provincial ministers, assembly members, party office-bearers and concerned authorities were attended the ceremony, which was

Published 06 Oct, 2019 12:00am

Exchange

AC asks Rafiq's counsel to argue on jurisdiction

An accountability court on Saturday asked counsel of Khwaja Saad Rafiq to forward his arguments on the jurisdiction of court to hear reference of Paragon City scam after counsel of his brother Khwaja Salman concluded his arguments. The court also extended

Published 06 Oct, 2019 12:00am

Cotton

FBP urges govt to declare emergency in agriculture sector

The Farmers Bureau of Pakistan (FBP), a representative platform of progressive growers, has urged the government to impose agriculture and climate emergency to save the sector from a bad patch it is witnessing at present. "Cotton, rice and corn crops have

Published 06 Oct, 2019 12:00am

Punjab governor okays appointment of two varsities' VCs

Governor Punjab Ch Mohammad Sarwar has approved names for Vice Chancellor Government Sadiq College Women University Bahawalpur, Vice Chancellor Fatima Jinnah Women University Rawalpindi, members syndicate and others. As per the notification, name of Dr Sa

Published 06 Oct, 2019 12:00am

Delegates from 45 countries to attend World Fashion Convention

The Regional President of International Apparel Federation (IAF) and Chief Coordinator Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Ijaz A Khokhar has said that necessary arrangements were being finalised for holding World

Published 06 Oct, 2019 12:00am

New faster payment gateway to be launched next year: SBP chief

Governor State Bank of Pakistan (SBP) Dr Reza Baqir said that a new faster payment gateway will be launched next year to facilitate instant transfer of funds. While, addressing a workshop titled 'Digital Payments Reforms' in collaboration with the World B

Published 06 Oct, 2019 12:00am

Rasheed meets Shujaat

Federal Railways Minister Sheikh Rasheed Ahmad on Saturday visited the residence of Chaudhry brothers at Gulberg and discussed matters of national importance including the Kashmir situation. Sheikh Rasheed felicitated PML-Q President Ch Shujaat Hussain ov

Published 06 Oct, 2019 12:00am

Sindh uplift projects: Federal Commission begins scrutinising funding

The federal government's Inquiry Commission on Debt has started scrutinizing the funding in development projects in Sindh by seeking the information about various projects to scrutinize their utilization. The Commission sought the information about the fu

Published 06 Oct, 2019 12:00am

Sindh uplift projects: Federal Commission begins scrutinising funding

The federal government's Inquiry Commission on Debt has started scrutinizing the funding in development projects in Sindh by seeking the information about various projects to scrutinize their utilization. The Commission sought the information about the fu

Published 06 Oct, 2019 12:00am

PAAPAM decides to distance itself from any PAMA move

Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has decided to distance itself from any "debauched" move by Pakistan Automotive Manufacturers Association (PAMA) to pressurize the government.

Published 06 Oct, 2019 12:00am

PAAPAM decides to distance itself from any PAMA move

Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has decided to distance itself from any "debauched" move by Pakistan Automotive Manufacturers Association (PAMA) to pressurize the government.

Published 06 Oct, 2019 12:00am

Pak-Iran travel gate at Taftan to remain closed for 16 days

Pakistan-Iran travelling gate "Raahdari" at Taftan area of Chagai district will remain closed for the next sixteen days from Saturday. The people who had recently crossed through this gate and their permits expired would be allowed to return back to their

Published 06 Oct, 2019 12:00am

Pak-Iran travel gate at Taftan to remain closed for 16 days

Pakistan-Iran travelling gate "Raahdari" at Taftan area of Chagai district will remain closed for the next sixteen days from Saturday. The people who had recently crossed through this gate and their permits expired would be allowed to return back to their

Published 06 Oct, 2019 12:00am

Senior journalist Abul Hasanat dies

Senior journalist Abul Hasanat died here last night. He leaves behind his wife, a son and three daughters. He will be buried in the Sakhi Hasan graveyard, North Nazimabad, after Zuhr prayers today. Born in 1950 in Karachi, Hasanat was the eldest child of

Published 06 Oct, 2019 12:00am

Senior journalist Abul Hasanat dies

Senior journalist Abul Hasanat died here last night. He leaves behind his wife, a son and three daughters. He will be buried in the Sakhi Hasan graveyard, North Nazimabad, after Zuhr prayers today. Born in 1950 in Karachi, Hasanat was the eldest child of

Published 06 Oct, 2019 12:00am

Exchange

SECP Listed Companies Regulations 2019: Financial firms must change external auditors after every 5 years

The Securities and Exchange Commission of Pakistan (SECP) has made it mandatory for the listed companies in the financial sector to change their external auditors after every five years. According to the Listed Companies (Code of Corporate Governance) Reg

Published 06 Oct, 2019 12:00am

Exchange

SECP Listed Companies Regulations 2019: Financial firms must change external auditors after every 5 years

The Securities and Exchange Commission of Pakistan (SECP) has made it mandatory for the listed companies in the financial sector to change their external auditors after every five years. According to the Listed Companies (Code of Corporate Governance) Reg

Published 06 Oct, 2019 12:00am

Australian travel-bloggers held in Iran return home after release

An Australian travel-blogging couple detained in Iran on spying charges have been released and returned home, Canberra said Saturday, amid reports that an Iranian student has been been freed in Australia and flown back to Tehran.

Published 06 Oct, 2019 12:00am

Australian travel-bloggers held in Iran return home after release

An Australian travel-blogging couple detained in Iran on spying charges have been released and returned home, Canberra said Saturday, amid reports that an Iranian student has been been freed in Australia and flown back to Tehran.

Published 06 Oct, 2019 12:00am

Turkey to launch military operation in northeast Syria

Turkey will mount a military operation in northeast Syria, it said on Saturday, after accusing Washington of not doing enough to expel Syrian Kurdish fighters from its border.

Published 06 Oct, 2019 12:00am

HK protesters defy mask ban as city grinds to halt

Masked pro-democracy protesters marched through Hong Kong in defiance of a ban on face coverings as much of the city ground to a halt on Saturday, with the subway suspended and many shops shuttered following another night of violence.

Published 06 Oct, 2019 12:00am

North/ Korea nuclear talks with US have broken down

North Korea's top nuclear envoy on Saturday said talks with the US being held in Stockholm after months of stalemate had broken down, blaming Washington for bringing "nothing to the negotiation table".

Published 06 Oct, 2019 12:00am

Hundreds of thousands march in Bolivia

Hundreds of thousands of protesters marched through the streets of Bolivia's largest city, turning up heat on President Evo Morales as they voiced outrage over his government's response to wildfires that have razed broad swaths of the country's forests th

Published 06 Oct, 2019 12:00am

Tens of thousands march for independence in Scottish capital

Tens of thousands of Scottish independence supporters marched in Edinburgh on Saturday, as calls grow for a fresh vote on Scotland breaking away from the United Kingdom with Brexit scheduled for within weeks.

Published 06 Oct, 2019 12:00am

Turkey detains five Germans on terror charges

Turkish authorities have detained five Germans over alleged links to Kurdish militants, pro-Kurdish media reported.

Published 06 Oct, 2019 12:00am

Medical data breach puts details of a million New Zealanders at risk

Nearly a million New Zealanders face the risk that their medical data has been accessed illegally after a cyber attack on the website of T? Ora Compass Health, the company said on Saturday.

Published 06 Oct, 2019 12:00am

Ireland's soaring corporation tax receipts cushion against a hard Brexit

Ireland's corporation tax receipts for 2019 will be around 300 million euros higher than previous estimates, figures released on Saturday showed, giving the country a cushion against any economic slowdown in the event of a hard Brexit.

Published 06 Oct, 2019 12:00am

US warns Turkey over offshore drilling near Cyprus

There are rules in exploring energy resources in the Mediterranean Sea, US Secretary of State Mike Pompeo said on Saturday, warning Turkey not to engage in drilling activity that is "illegal" and "unacceptable".

Published 06 Oct, 2019 12:00am

Exchange

Families survive on one meal in drought-hit Zimbabwe

In eastern Zimbabwe's parched Buhera district, Omega Kufakunesu's family has been forced to scale down daily meals to just a portion of vegetables and sadza, a thick maize-meal porridge.

Published 06 Oct, 2019 12:00am

Russia will find ways to help Cuba get oil, says Medvedev

Russia will find ways to help Cuba secure supplies of oil and petroleum products, Russian Prime Minister Dmitry Medvedev said in an interview broadcast on Saturday.

Published 06 Oct, 2019 12:00am

US importers stockpile Parmigiano, Provolone as tariffs on EU cheeses loom

A mbriola Co Inc's mammoth warehouse in West Caldwell, New Jersey, is crammed full of boxes and wheels of harder cheeses such as Parmigiano Reggiano, Pecorino Romano and Grana Padano - and more is coming, lots more.

Published 06 Oct, 2019 12:00am

Exchange

Dollar down as US jobs-inspired rally fizzles

The dollar inched lower on Friday, giving up gains fueled by a generally solid US jobs report that slightly underperformed expectations, as investors worried about political risk in the United States and ongoing trade talks with China. The greenback hit s

Published 06 Oct, 2019 12:00am

Exchange

China's yuan to slip to new decade lows

The Chinese yuan will slip by year-end to deeper lows last hit against the US dollar during the 2008 global financial crisis as the authorities nudge the partly managed currency down while the US-China trade war rumbles on, a Reuters poll showed. With glo

Published 06 Oct, 2019 12:00am

Currency

Speculators up net long dollar bets to a nine-week high

Speculators boosted their net long bets on the US dollar in the latest week to the highest in nine weeks, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday.

Published 06 Oct, 2019 12:00am

Currency

Loonie cuts weekly decline

The Canadian dollar strengthened against its US counterpart on Friday, paring this week's decline, as oil prices rallied and domestic data showed the trade deficit narrowed in August. Canada posted a trade deficit of C$955 million in August after a revise

Published 06 Oct, 2019 12:00am

Currency

Brazil real posts 2.6 percent weekly jump

Brazil's real chalked up its third strongest weekly gain of the year on Friday, spurred by a Wall Street-led global rally in risky assets and as speculators covered their largest short position in the currency in almost five years. Having been beaten down

Published 06 Oct, 2019 12:00am

Exchange

African currencies week ahead: African currencies set for stable week

Zambian, Nigerian, Kenyan, Ugandan and Tanzanian currencies are all expected to be stable in the coming week. ZAMBIA - The Kwacha will be supported by an improved supply of hard currency as companies prepare to pay taxes. On Thursday, commercial banks quo

Published 06 Oct, 2019 12:00am

Exchange

'Goldilocks' jobs data propels Wall Street to best day since August

Wall Street surged on Friday after moderate jobs growth in September offered relief from a spate of dismal economic data this week that has rankled markets and fuelled concerns that the world's largest economy may be sliding into a recession.

Published 06 Oct, 2019 12:00am

Snapback to higher bond yields? At least five years: strategists

A return to significantly higher yields will take longer than previously thought, according to a Reuters poll of fixed-income strategists who slashed their year-ahead major government bond yield forecasts to the lowest since polling began 17 years ago. Wi

Published 06 Oct, 2019 12:00am

Snapback to higher bond yields? At least five years: strategists

A return to significantly higher yields will take longer than previously thought, according to a Reuters poll of fixed-income strategists who slashed their year-ahead major government bond yield forecasts to the lowest since polling began 17 years ago. Wi

Published 06 Oct, 2019 12:00am

Exchange

Investors retreat from US stock funds

Investors pulled nearly $14 billion out of mutual fund and exchange-traded funds that hold US stocks last week, ending what had been the largest surge into domestic stock funds since December 2016, according to data released Wednesday by the Investment Co

Published 06 Oct, 2019 12:00am

Exchange

Investors retreat from US stock funds

Investors pulled nearly $14 billion out of mutual fund and exchange-traded funds that hold US stocks last week, ending what had been the largest surge into domestic stock funds since December 2016, according to data released Wednesday by the Investment Co

Published 06 Oct, 2019 12:00am

Kenya's first green bond issue raises $41.45m

Kenya's first green bond has raised 4.3 billion shillings ($41.45 million) to build environmentally-friendly student accommodation, the issue's lead arranger said on Thursday. So-called green bonds are fixed income securities that raise capital for projec

Published 06 Oct, 2019 12:00am

Kenya's first green bond issue raises $41.45m

Kenya's first green bond has raised 4.3 billion shillings ($41.45 million) to build environmentally-friendly student accommodation, the issue's lead arranger said on Thursday. So-called green bonds are fixed income securities that raise capital for projec

Published 06 Oct, 2019 12:00am

Exchange

AI-driven stock-trading venue eyes US exchange status, adds new pricing

Imperative Execution, an upstart, artificial intelligence-driven US stock trading venue operator, is going after the business of the New York Stock Exchange and other bourses by adopting their pricing models and may soon register as an exchange, the head

Published 06 Oct, 2019 12:00am

European gasoline margins rise on weaker oil

Northwest European gasoline refining margins rose on Thursday from $9.8 a barrel to $12.3, supported by lower oil prices. Gasoline stocks in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by 7% in the week to Thursday, data from Dutch

Published 06 Oct, 2019 12:00am

CBOT soyabean futures ease

Chicago Board of Trade soyabean futures eased on Thursday, their second day in a row of losses, after early strength failed to push the most-active contract through a 10-week high it hit on Tuesday, traders said. Signs of strong export demand underpinned

Published 06 Oct, 2019 12:00am

Cotton

Cotton market: major buyers away from big deals on higher rates

Leading mills kept on the sidelines on cotton market on Saturday due to higher retas, dealers said. The official spot rate was unchanged at Rs 8700, they added. In ready session, about 7,000 bales of cotton changed hands between Rs 8500-8900, they said.

Published 06 Oct, 2019 12:00am

Depleted Sri Lanka shock Pakistan despite Hasnain hat-trick

New-look Sri Lanka achieved their biggest T20 win over world number one Pakistan by 64 runs on the back of some brilliant batting and bowling in Lahore on Saturday.

Published 06 Oct, 2019 12:00am

Djokovic powers through to Japan Open final

World number one Novak Djokovic on Saturday cruised into the Japan Open final, thrashing David Goffin 6-3, 6-4. In the final, Djokovic will face Australian qualifier John Millman, who squeezed past American opponent Reilly Opelka 6-3, 7-6 (7/4). The Serbi

Published 06 Oct, 2019 12:00am

Double gold as Hassan shrugs off Salazar row to win women's 1,500m crown

Sifan Hassan surged to her second gold medal of the World Championships with victory in the 1,500 metres on Saturday, shrugging off the doping controversy that has embroiled her banned coach Alberto Salazar. The 26-year-old Ethiopian-born Dutch runner rom

Published 06 Oct, 2019 12:00am

Milner keeps Liverpool flying; Spurs crash again

A stoppage-time James Milner penalty sparked huge celebrations at Anfield as Liverpool beat Leicester City 2-1 on Saturday for an eighth successive Premier League win that moved them eight points clear at the top of the table.

Published 06 Oct, 2019 12:00am

Cricket fans enthusiastic but traffic blockades a concern

While the cricket fans are enthusiastic for the T20 series against Sri Lanka which started here on Saturday, the people had to suffer due to traffic blockade and closure of roads and shops.

Published 06 Oct, 2019 12:00am

Osaka sweeps into China Open final on just two hours' sleep

Naomi Osaka said that she had just two hours' sleep before crushing title-holder Caroline Wozniacki to sweep into the China Open final on Saturday. The 21-year-old Japanese will play world number one Ashleigh Barty of Australia in Sunday's championship ma

Published 06 Oct, 2019 12:00am

Matloob takes lead in Nur Khan Memorial Open Golf

International golfer Matloob Ahmad overcome the first day leader M. Tariq and took a two stroke lead with his 12 under 132 over 36 holes of the 54-holes 3rd Nur Khan Memorial Open Golf Championship being played here at PAF Golf Club on Saturday. The Champ

Published 06 Oct, 2019 12:00am

India set South Africa 395 to win

Rohit Sharma on Saturday struck a second hundred in his debut as Test opener to help India set South Africa a daunting 395 to win the opening match of their series. The hosts declared their second innings on 323 for four in the final session of day four i

Published 06 Oct, 2019 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 06 Oct, 2019 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (October 05, 2019).

Published 06 Oct, 2019 12:00am

Currency

THE RUPEE: falling trend

KARACHI: The rupee continued slide on the money market on Saturday in process of trading activity, dealers said. The rupee shed 10 paisas more in terms of the dollar for buying and selling at Rs 156.30 and Rs 156.80, they added.

Published 06 Oct, 2019 12:00am

DMC East's two UCs modernisation plan chalked out

The DMC East will transform UC-10 and UC-24 into model union committees by lifting garbage, constructing roads, renovating the parks, fixing street lights, changing sewerage lines and removing stray dogs. The District Municipal Corporation East in Karachi

Published 06 Oct, 2019 12:00am

Exchange

PTI government 'versus' bureaucracy: Stay orders remain in full force, effect

Stay orders remain in full force and effect against removal of several heads of key entities by the Khan administration. On June 14, The Islamabad High Court issued a stay order against the federal government's notification removing former federal tax omb

Published 06 Oct, 2019 12:00am

LNG terminal companies: New investment not to be in sight if past contracts re-opened: ministry

Ministry of Law and Justice has reportedly warned the government that new investment in the country will not be in sight if contracts with Liquefied Natural Gas (LNG) terminal companies are re-opened, sources close to Special Assistant to Prime Minister o

Published 06 Oct, 2019 12:00am

LNG terminal companies: New investment not to be in sight if past contracts re-opened: ministry

Ministry of Law and Justice has reportedly warned the government that new investment in the country will not be in sight if contracts with Liquefied Natural Gas (LNG) terminal companies are re-opened, sources close to Special Assistant to Prime Minister o

Published 06 Oct, 2019 12:00am

Future of US-Taliban talks dependent on Afghan election outcome

Informal talks between the Taliban and United States have concluded with both sides expressing willingness to pursue the Afghan peace process, it was learnt. Diplomatic sources told Business Recorder that the Doha-based Mullah Abdul Ghani Taliban P

Published 06 Oct, 2019 12:00am

Future of US-Taliban talks dependent on Afghan election outcome

Informal talks between the Taliban and United States have concluded with both sides expressing willingness to pursue the Afghan peace process, it was learnt. Diplomatic sources told Business Recorder that the Doha-based Mullah Abdul Ghani Taliban P

Published 06 Oct, 2019 12:00am

US Senator concerned about blackout, restrictions

US Senator Elizabeth Warren raised her concern over the recent events in occupied Kashmir, urging India to respect the rights of Kashmiris. In a tweet, the US senator shared an AFP article regarding misery of Kashmiris in Indian occupied Kashmir.

Published 06 Oct, 2019 12:00am

US Senator concerned about blackout, restrictions

US Senator Elizabeth Warren raised her concern over the recent events in occupied Kashmir, urging India to respect the rights of Kashmiris. In a tweet, the US senator shared an AFP article regarding misery of Kashmiris in Indian occupied Kashmir.

Published 06 Oct, 2019 12:00am

CM, international consortium officials discuss Karachi's water, transport issues

Sindh Chief Minister Syed Murad Ali Shah in order to address burning issues of water and transport of the city held two important meetings with AWDICO, a consortium of British and French companies, and discussed the proposal of installation of water desal

Published 06 Oct, 2019 12:00am

PPP leader blames PTI government for soaring inflation

Sindh Minister for Information & Archives and Labour Saeed Ghani has said the state of affairs of the economy in the country could be gauge from the fact that the Industrialists and the leaders of the business community finally had to meet the Chief of Ar

Published 06 Oct, 2019 12:00am

Illegal injections worth Rs 40 million seized in Quetta

The Pakistan Customs seized on Saturday illegal injections from three vehicles on Quetta's Airport Road. The Customs officials intercepted three vehicles and found 15,545 injections, according to a spokesperson of the Customs. They were being smuggled to

Published 06 Oct, 2019 12:00am

Locust attack: DC Tharparkar directs urgent spray on yields

To save the yields from the locusts attack the spray work will be done urgently. These directions were given by the Deputy Commissioner Tharparkar Dr Shahzad Tahir Thaheem to the revenue officers and Agriculture Department Tharparkar.

Published 06 Oct, 2019 12:00am

Motorcyclists reject Sindh government's decision of installing trackers

Sindh government is likely to make it mandatory to install tracking device in all motorcycles across the province costing an additional Rs 4000 to 5000 on unwanted tracker service.

Published 06 Oct, 2019 12:00am

Justice Jamal Mandokhel sworn in as BHC CJ

Justice Jamal Khan Mandokhel was sworn in as the new chief justice of the Balochistan High Court (BHC) on Saturday. Governor Balochistan Amanullah Khan Yasinzai administered the oath to the Justice Mandokhel in a ceremony held at the Governor House Quetta

Published 06 Oct, 2019 12:00am

Fawad lashes out at JUI-F's 'Azadi March'

Federal Minister for Science and Technology, Fawad Chaudhry lashed out at Maulana Fazl Ur Rehman saying that he was propagating Azadi March for self interest. Taking to the social networking site, Twitter, Chaudhry said that the exploitation of Madrassah

Published 06 Oct, 2019 12:00am

Nine killed in road mishap on Makran Coastal Highway

At least nine people were killed and eleven others injured when a passenger bus met with an accident on Makran Coastal Highway in Balochistan on Saturday morning. The Karachi-bound bus from Pasni overturned due to over speeding near Buzi Stop. Rescue team

Published 06 Oct, 2019 12:00am

Shell Pakistan commemorates journey

A grand ceremony was hosted by Shell Pakistan Limited to commemorate its journey with Pakistan through the decades. Through the launch of its memoir, "Powering Progress in Pakistan", Shell Pakistan highlights the organisation's pivotal role and contributi

Published 06 Oct, 2019 12:00am

Cotton

Delay in refunds payment: Textile exporters unable to honour export Commitments

Delay in payment of billions of rupees refunds has restrained the exporters to run their industries due to liquidity and cash flow problems thus they are also unable to fulfill export commitments, exporters said. They also claimed that approximately some

Published 06 Oct, 2019 12:00am

FPCCI chief urges govt to develop backward areas of Balochistan

President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Engr Daroo Khan Achakzai has urged the government to focus on least developed areas of Balochistan.

Published 06 Oct, 2019 12:00am

Polio cases reach 72 as three more surface in country

Eradication of polio virus in the country seems a distant dream as three more polio cases surfaced on Saturday, taking the tally of such cases across the country to 72 this year. One each case was reported from Sindh, Balochistan and Khyber Pakhtunkhwa. A

Published 06 Oct, 2019 12:00am

Big private hospitals: FBR to install 'Point of Sales' invoicing: Shabbar

Chairman FBR Shabbar Zaidi said on Saturday that the FBR is planning to install 'Point of Sales' invoicing system in all big private hospitals and medical centres. According to a tweet of Shabbar Zaidi, "FBR is seriously considering to install Point of Sa

Published 06 Oct, 2019 12:00am

SCCI chief for removing hurdles to boost Pak-Afghan trade

President of Sarhad Chamber of Commerce and Industry, Engr Maqsood Anwar Pervaiz has stressed the need for removal of impediments to give boost to mutual trade between Pakistan and Afghanistan.

Published 06 Oct, 2019 12:00am

KP government to utilise clerics' services in preventing dengue

The government of Khyber Pakhtunkhwa has decided to utilise the services of ulema and Khateebs to control the spread of dengue virus.

Published 06 Oct, 2019 12:00am

Official visit of Duke and Duchess of Cambridge to begin on 14th

Their Royal Highnesses The Duke and Duchess of Cambridge will undertake an official visit to Pakistan between Monday 14th and Friday 18th October, at the request of The Foreign and Commonwealth Office. This will be Their Royal Highnesses' first official v

Published 06 Oct, 2019 12:00am

Brazil's sugar exports expected to hit 12-year low

Brazilian sugar exports in the 2019/20 season will likely hit a 12-year low, totaling just 18.5 million tonnes as depressed global sugar prices steer cane mills away from export markets, consultancy JOB Economia said in a report on Wednesday.

Published 06 Oct, 2019 12:00am

Ivory Coast caps cocoa production at 2m tonnes to buoy prices

Ivory Coast will cap cocoa production at 2 million tonnes from next year to bolster prices, a government official said as the 2019/20 season got under way on Tuesday. The world's largest cocoa producer, which expects to have produced about 2.2 million ton

Published 06 Oct, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Feb 14	279.27
USD PKR Interbank Buying / Feb 14	279.07
USD to Japanese Yen / Feb 14	152.31
USD to Swiss Franc / Feb 14	0.90
Pound Sterling to USD / Feb 14	1.26
Euro to USD / Feb 14	1.05
UK LIBOR % / Feb 14	4.96

Stock	Volume
S&P 500 / Feb 14	6,114.63
India Sensex / Feb 14	75,939.21
Tokyo Nikkei / Feb 14	39,149.43
Nasdaq / Feb 14	20,026.77
Hang Seng / Feb 14	22,620.33
FTSE 100 / Feb 14	8,732.46
Dow Jones / Feb 14	44,546.08
Germany DAX 30 / Feb 14	22,513.42
France CAC40 / Feb 14	8,178.54

Item	Value
Crude Oil USD/Barrel / Feb 14	70.74
Karachi Cotton PKR/37.32 KG / Feb 14	17,785
Gold 10 Grams PKR / Feb 14	262,517
Gold Spot USD/Ounce / Feb 14	2,882.53
Cotton US¢/pound / Feb 14	68.31
Petrol/Litre / Feb 16	256.13
Diesel/Litre / Feb 16	263.95

Stock	Price
At-Tahur Ltd. / Feb 14 At-Tahur Limited(PREMA)	35.26 ▲ 3.21 (10.02%)
Saritow Spinning / Feb 14 Saritow Spinning Mills Limited(SSML)	23.84 ▲ 2.17 (10.01%)
Leather Up Ltd. / Feb 14 Leather Up Limited(LEUL)	38.02 ▲ 3.46 (10.01%)
Lucky Cement / Feb 14 Lucky Cement Limited(LUCK)	1,366.37 ▲ 124.22 (10%)
Suhail Jute / Feb 14 Suhail Jute Mills Limited(SUHJ)	108.35 ▲ 9.85 (10%)
Agriautos Ind. / Feb 14 Agriauto Industries Limited(AGIL)	115.49 ▲ 10.5 (10%)
Mandviwala / Feb 14 Mandviwala Mauser Plastic Industries(MWMP)	20.48 ▲ 1.86 (9.99%)
Sindh Abadgar / Feb 14 Sindh Abadgar's Sugar Mills Limited(SASML)	50.08 ▲ 4.55 (9.99%)
Popular Islamic / Feb 14 Popular Islamic Modaraba(PIM)	12.37 ▲ 1.04 (9.18%)
F.Credit & Inv / Feb 14 First Credit and Investment Bank Limited(FCIBL)	8.39 ▲ 0.7 (9.1%)

Stock	Price
Dewan Textile / Feb 14 Dewan Textile Mills Limited(DWTM)	6.80 ▼ -0.99 (-12.71%)
TPL Trakker Ltd / Feb 14 TPL Trakker Limited(TPLT)	7.55 ▼ -0.93 (-10.97%)
I.C.C. Ind. / Feb 14 ICC Industries Limited(ICCI)	10.77 ▼ -1.2 (-10.03%)
Redco Textile / Feb 14 Redco Textiles Limited(REDCO)	22.60 ▼ -2.51 (-10%)
Engro Powergen / Feb 14 Engro Powergen Qadirpur Limited(EPQL)	25.78 ▼ -2.86 (-9.99%)
D.M. Textile / Feb 14 D.M. Textile Mills Limited(DMTX)	63 ▼ -6.99 (-9.99%)
Universal Ins. / Feb 14 The Universal Insurance Company Limited(UVIC)	12.91 ▼ -1.43 (-9.97%)
Sakrand Sugar / Feb 14 Sakrand Sugar Mills Limited(SKRS)	12.11 ▼ -1.34 (-9.96%)
Idrees Tex. / Feb 14 Idrees Textile Mills Limited(IDRT)	12.81 ▼ -1.41 (-9.92%)
Sui South Gas / Feb 14 Sui Southern Gas Company Limited(SSGC)	32.68 ▼ -3.56 (-9.82%)

Stock	Volume
B.O.Punjab / Feb 14 The Bank of Punjab(BOP)	79,317,612 ▼ -0.66
Lotte Chemical / Feb 14 Lotte Chemical Pakistan Limited(LOTCHEM)	72,104,503 ▼ -1.12
Power Cement / Feb 14 Power Cement Limited(POWER)	40,290,839 ▼ -0.18
Sui South Gas / Feb 14 Sui Southern Gas Company Limited(SSGC)	32,711,461 ▼ -3.56
Hascol Petrol / Feb 14 Hascol Petroleum Limited(HASCOL)	31,600,150 ▼ -0.41
Dewan Motors / Feb 14 Dewan Farooque Motors Limited(DFML)	31,281,602 ▼ -2.6
Cnergyico PK / Feb 14 Cnergyico PK Limited(CNERGY)	20,508,125 ▼ -0.25
Fauji Foods Ltd / Feb 14 Fauji Foods Limited(FFL)	20,173,357 ▼ -0.24
Fauji Cement / Feb 14 Fauji Cement Company Limited(FCCL)	16,904,777 ▼ -1.09
WorldCall Telecom / Feb 14 Worldcall Telecom Limited(WTL)	16,467,161 ▼ -0.04

Most Popular