News Archives for Print - 2019-11-05

Print - 2019-11-05

Energy

300MW coal-fired power plant inaugurated in Gwadar

Federal Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar and Vice Chairman National Development & Reform Commission (NDRC) Ning Jizhe inaugurated the 300MW coal power plant during their visit to Gwadar on Monday.

Published 05 Nov, 2019 12:00am

Sindh CM invited to JCC meeting of CPEC

The federal government has invited Sindh Chief Minister Murad Ali Shah to participate in 9th meeting of Joint Cooperation Committee (JCC) of China-Pakistan Economic Corridor (CPEC), scheduled for 6th November 2019 in Islamabad.

Published 05 Nov, 2019 12:00am

Appointment of two ECP members: IHC suspends presidential Notification

The Islamabad High Court (IHC) Monday suspended a presidential notification regarding the appointment of two members of Election Commission of Pakistan (ECP) and directed that the matter be solved by the Parliament.

Published 05 Nov, 2019 12:00am

Habib University Model UN concludes

The third annual Habib University Model United Nations (HUMUN) concluded on 3rd November after four days of invigorating debates, discussions and a gathering of people dedicated to understanding global challenges.

Published 05 Nov, 2019 12:00am

Taxes

Restructuring of FBR, idea of creating PRA discussed

The Chief Commissioners Conference Monday discussed restructuring of Federal Board of Revenue (FBR) and idea of creating a single revenue collection authority i.e. Pakistan Revenue Authority (PRA) across Pakistan for single tax administration under reform

Published 05 Nov, 2019 12:00am

Grenade kills one in IOK

At least one person was killed and 17 wounded Monday in a grenade blast at a crowded market in Occupied Srinagar, police and doctors said. No one claimed Monday's blast but authorities have in the past accused fighters of intimidating people into resistin

Published 05 Nov, 2019 12:00am

'NAB fear' discourages good professionals from joining SOEs?

Prime Minister's Advisor on Commerce, Textile, Industries and Production and Investment, Abdul Razak Dawood has reportedly held National Accountability Bureau (NAB) responsible for not getting good quality private professionals for public sector entities,

Published 05 Nov, 2019 12:00am

Rental power: Erdogan helps resolve dispute: PM

Prime Minister, Imran Khan, in a tweet, has claimed that PTI government with the help of President Recep Tayyip Erdogan has amicably resolved the M/s Karkey dispute and saved $ 1.2 billion penalty imposed by ICSID.

Published 05 Nov, 2019 12:00am

Iraq forces fire on protesters after 4 killed in Karbala

Iraqi security forces fired live rounds Monday at anti-government protesters in Baghdad, hours after four demonstrators were shot dead outside the Iranian consulate in the holy city of Karbala.

Published 05 Nov, 2019 12:00am

Iran marks 1979 US embassy siege

Still-raw tensions flared anew Monday on the 40th anniversary of Iranian zealots' storming of the US embassy, with thousands in Tehran taking to the streets and Washington slapping fresh sanctions.

Published 05 Nov, 2019 12:00am

Chaudhry Sugar Mills case: LHC grants Maryam post-arrest bail

The Lahore High Court (LHC) on Monday granted post-arrest bail to Maryam Nawaz in Chaudhry Sugar Mills (CSM) case and directed her to surrender passport as prosecution expressed fear of her escape from the country.

Published 05 Nov, 2019 12:00am

Fazl says PML-N, PPP won't leave him in the lurch

Jamiat Ulema-e-Islam-Fazl (JUI-F) Emir Maulana Fazlur Rehman, said on Monday that all opposition leaders have promised that they would not leave him in the lurch.

Published 05 Nov, 2019 12:00am

Army puts its weight behind government

Chief of Army Staff (COAS) General Qamar Javed Bajwa on Monday said that Pakistan Army will continue to support national institutions as and when asked in accordance with the Constitution.

Published 05 Nov, 2019 12:00am

Stocks

Bulls continue the run across PSX: BRIndex100 stays in green zone

Easing political tension and expectations on improving economic situation triggered aggressive buying in all sectors that supported Pakistan Stock Exchange to close on strong positive note with healthy gains.

Updated 05 Nov, 2019 06:07am

Cabinet to consider 'half-baked' NEV policy today

The federal cabinet which is scheduled to meet on Tuesday (today) will consider "half baked" National Electric Vehicle (NEV) Policy prepared by the Ministry of Climate Change (MoCC), which according to Cabinet Division does not fall in the domain of the M

Published 05 Nov, 2019 12:00am

FY20 Rs 5.5 trillion target: revenue shortfall to grow to Rs 600 billion

The growth in revenue collection of the Federal Board or Revenue (FBR) is unlikely to go beyond 26 percent given the current trend against 44 percent required to achieve Rs 5.5 trillion tax target for the current fiscal year.

Published 05 Nov, 2019 12:00am

Letters

What's in store?

The JUI (F)-led sit-in at Islamabad's Peshawar Morr is, among other things, a protest against the results of the 2018 general election that catapulted Imran Khan's PTI into power. The opposition parties have refused to acknowledge a new arrival in the pol

Published 05 Nov, 2019 12:00am

Articles

'Silicon Saxony' stands on foundations laid under East Germany

When US computer processor maker AMD was building a factory in the eastern German city Dresden in the late 1990s, it sent around 200 local engineers for training to its site in Texas.

Published 05 Nov, 2019 12:00am

Articles

Indian Muslims anxious as SC prepares to rule on destroyed Babri mosque

In the Indian town of Ayodhya, minority Muslims are feeling under siege as they await a Supreme Court ruling on the destroyed Babri mosque.

Published 05 Nov, 2019 12:00am

Articles

Growth in FBR Revenues

The outcome in terms of the level and growth of revenues collected by FBR up to October has been made public recently. Apparently, during the first four months of the current fiscal year these revenues have shown a growth rate of 16 percent. This growth r

Published 05 Nov, 2019 12:00am

The corridor

Even when Pak-India bilateralism remains hostage to a thick curtain of mistrust there is a small chink filtering in hope for peaceful coexistence, and that chink is the Kartarpur corridor. All is set to welcome the Sikh pilgrims to Guru Nanak Dev's shrine

Updated 05 Nov, 2019 06:05am

SBP assessment

The State Bank of Pakistan's (SBP's) recent report reveals deterioration in debt sustainability indicators due to higher external debt and liabilities to Gross Domestic Product (GDP) ratio: from 27.4 percent in 2017 to 33.5 percent in 2018 to 45 percent b

Updated 05 Nov, 2019 06:05am

Minister meets PMA leaders

Minister Health Punjab Dr Yasmin Rashid had a brief meeting with a delegation of Pakistan Medical Association (PMA) at Specialized Healthcare and Medical Education today.

Published 05 Nov, 2019 12:00am

Hamdani may be appointed CEO NPPMCL

The Power Division is likely to appoint Syed Ali Javed Hamdani as Chief Executive Officer (CEO), National Power Parks Management Company (Private) Limited (NPPMCL) with incumbent Chairman Nepra, Tauseef. H. Farooqi the third in order of the preference, we

Published 05 Nov, 2019 12:00am

Pink Residency reference: NAB directed to ensure presence of all accused on 20th

An Accountability Court hearing multibillion rupees fake bank accounts case on Monday ordered to ensure presence of all the accused in the Pink Residency reference on the next hearing to be held on November 20.

Published 05 Nov, 2019 12:00am

Azadi March: Senate, NA sessions summoned separately amid political stand-off

The sessions of both houses of parliament have been summoned separately amid continued political stand-off in the wake of JUI-F Azadi March and sit-in protest for the last five days.

Published 05 Nov, 2019 12:00am

Two security personnel martyred

At least two security personnel were martyred and one injured in a landmine explosion in North Waziristan tribal district on Monday.

Published 05 Nov, 2019 12:00am

Government, Rahbar Committee to hold another round of talks today

The government and the Rahbar Committee have decided to hold another round of talks on Tuesday (today) on Azadi March.

Published 05 Nov, 2019 12:00am

Pre-arrest bail of Akram Durrani extended till 21st

The Islamabad High Court (IHC) Monday extended interim pre-arrest bail of Jamiat Ulema-e-Islam-Fazl (JUI-F) leader and Opposition Leader in Khyber Pakhtunkhwa (KP) Assembly Akram Khan Durrani till November 21.

Published 05 Nov, 2019 12:00am

Reference against judge: SC asks whether inquiry could be held by forum other than forum prescribed in law

The Supreme Court Monday questioned whether an inquiry into the Presidential Reference could be held by a forum other than the forum prescribed in the law.

Published 05 Nov, 2019 12:00am

Pre-poll rigging: ECP empowered to take appropriate mitigating steps

Election Commission of Pakistan (ECP) is empowered to take appropriate mitigating measures against pre-poll rigging that deal with procedural matters and not with any engineered, or natural, changes in party loyalties.

Published 05 Nov, 2019 12:00am

Residential creative business training programme Concludes

Pakistan's Creative Future, a five-day residential creative business training programme, held at BNU's Tarogil Campus, was concluded here recently. The programme is a response to UNESCO's 2005 Convention on the Protection and Promotion of the Diversity of

Published 05 Nov, 2019 12:00am

Business & Economy

PBC makes recommendations for SEZs framework

Pakistan Business Council (PBC), a business advocacy body, has put forward key recommendations for special economic zones based on a global practice and Pakistan's needs.

Published 05 Nov, 2019 12:00am

PIA flight delayed for technical reason

PIA flight PK-784 of Sunday for the sector Toronto - Karachi was delayed due to technical reasons, PIA spokesman said on Monday. PIA considers safety as its foremost priority; the aircraft of flight PK 784 developed a snag while taxiing and was brought ba

Published 05 Nov, 2019 12:00am

Businessmen seek action against extortionists

Chairman, Karachi Wholesale Grocers Association's (KWGA), Malik Zulfiqar and Patron-in-Chief, Anis Majeed have expressed concern on increasing extortion cases in the largest wholesale market of Karachi, Jodia Bazar and surrounding areas. They urged the Ch

Published 05 Nov, 2019 12:00am

Business & Economy

Special Economic Zone KCIP: MCE dispatches first export consignment

Mehran Commercial Enterprises (MCE), operating in Special Economic Zone (SEZ) - Korangi Creek Industrial Park (KCIP), has dispatched its first export order to Ireland.

Published 05 Nov, 2019 12:00am

Sikh community delegation meets Karachi Deputy Mayor

Deputy Mayor Karachi Syed Arshad Hasan on Monday said minorities including Sikh community have religious freedom and rights under the constitution of Pakistan.

Published 05 Nov, 2019 12:00am

Business & Economy

Gyara Gyara sale event: TCL Pakistan, Daraz join hands

TCL Pakistan, Pakistan's No.1 LED TV brand has partnered up with Daraz, the country's leading online marketplace, for the upcoming Gyara Gyara sale event - an online shopping extravaganza which will kick off at midnight on November 11, 2019. TCL and Daraz

Published 05 Nov, 2019 12:00am

Sindh Assembly passes resolution for restoration of students' unions

The Sindh Assembly on Monday voted to a resolution to unban students' unions, observing that the restraint imposed during Gen Zia-ul-Haq era created social polarisations on sectarian and ethnic grounds.

Published 05 Nov, 2019 12:00am

Business & Economy

Plastice International Expo opens

Punjab Minister for Trade & Industries, Mian Aslam Iqbal on Monday inaugurated the three-day 6th Plastic International Expo being organized by All Pakistan Plastic Manufacturers Association (PPMA) here at the Expo Centre.

Published 05 Nov, 2019 12:00am

Moinuddin Haider inaugurates Sir Syed IET

Former Governor Sindh, Lt Gen (retd) Moinuddin Haider has said that Sir Syed Ahmed Khan gave a new direction to the Muslims of the subcontinent.

Published 05 Nov, 2019 12:00am

Science, education government's top priority, says Fawad

Science and education are the top priorities of government and in this regard, Ministry of Science and Technology was going to create strong coordination among the country's best 15 research institutions, Federal Minister for Science and Technology Fawad

Published 05 Nov, 2019 12:00am

Regional & global stability: Pakistan expresses reservations over anti-satellite missile tests

Pakistan, at the United Nations in New York, has expressed strong reservations over the threats posed by anti-satellite missile tests to regional and global stability, and has urged the global leaders to take steps to prevent outer space from emerging as

Published 05 Nov, 2019 12:00am

Telecommunication

Telenor launches first-ever NB-IoT site in Pakistan

Telenor Pakistan has successfully launched the first ever Narrowband Internet of Things (NB-IoT) site in Pakistan aimed at boosting the country's digital ecosystem.

Published 05 Nov, 2019 12:00am

Business & Economy

Malaysian investors invited to invest in different sectors

Foreign Minister Shah Mahmood Qureshi has invited the Malaysian investors to invest in different sectors of Pakistan including information technology, energy, Halal food, oil and gas, and construction of inexpensive houses, Foreign Office said.

Published 05 Nov, 2019 12:00am

NA body passes 'The Pakistan Psychological Council (Amendment) Bill 2019'

The National Assembly (NA) Standing Committee on National Health Service, Regulations and Coordination on Monday unanimously passed the reconsidered "The Pakistan Psychological Council (Amendment) Bill 2019."

Published 05 Nov, 2019 12:00am

ASEAN parliamentary team due today

A 17-member parliamentary delegation of Association of Southeast Asian Nations (ASEAN) led by Dato Muhammad Azmi Abdul Hamid, President of Majlis Perundingan Pertubuhan Islam Malaysia (MAPIM), will arrive on Tuesday on a three-day official visit to Pakist

Published 05 Nov, 2019 12:00am

Justice Gulzar takes oath as acting CJP

Justice Gulzar Ahmed, senior puisne judge Supreme Court, has taken oath as acting Chief Justice of Pakistan.

Published 05 Nov, 2019 12:00am

Stocks

SECP amends 'Central Depositories (Licensing and Operations) Regulations 2016'

Securities and Exchange Commission of Pakistan (SECP) has allowed the central depository to have an arrangement with the securities exchange for outsourcing its compliance function relating to Trading Rights Entitlement (TRE) certificate holders.

Published 05 Nov, 2019 12:00am

WTO's meeting: Razak seeks additional quota for rice, sugar with China

Prime Minister's Advisor on Commerce, Textile, Industries and Production, Abdul Razak Dawood is in China to seek further cooperation in trade and investment including more quotas for rice and sugar, well informed sources told Business Recorder.

Published 05 Nov, 2019 12:00am

PM launches Ehsaas scholarship programme

Prime Minister Imran Khan on Monday launched Ehsaas Undergraduate Scholarship Programme, promising 50,000 scholarships every year with 50 percent quota for female students.

Published 05 Nov, 2019 12:00am

NA body recommends rationalisation of fertilizer prices

Recommending for immediate rationalization of fertilizer prices, Speaker National Assembly Asad Qaisar-led special committee on Monday observed that fertilizer manufacturers collect Rs 400 per bag of urea from the farmers on account of Gas Infrastructure

Published 05 Nov, 2019 12:00am

SU semester examinations discussed

A high profile meeting comprising SU Registrar, Controller of Examinations (semester) Controller of Examinations (Annual) and academic heads from Faculty of Natural Sciences was held at SU Vice Chancellor office with VC-SU Prof Dr Fateh Muhammad Burfat in

Published 05 Nov, 2019 12:00am

Cotton & Textile

Cotton bales arrival at ginneries fall 20.88 percent

Over 6.097 million cotton bales had arrived in the local markets as against the arrival of 7.706 million bales of the corresponding period of last year. The cotton arrival in the local markets by November 1st decreased by 20.88pc as compared the arrival o

Published 05 Nov, 2019 12:00am

Resolution in favour of PM approved by coalition partners

Parliamentarians belonging to Pakistan Tehreek-e-Insaf (PTI) and its coalition partners unanimously approved a resolution in favor of Prime Minister Imran Khan ahead of sessions of both Houses of the Parliament.

Published 05 Nov, 2019 12:00am

Liaquatpur train inferno: Railways suspends six officials

Pakistan Railways (PR) after initial finding of Liaquatpur train incident confirmed the suspension of six officials (grade 17 and 18 cadre) from Karachi and Sukkur divisions.

Published 05 Nov, 2019 12:00am

Old City Area: Murad orders replacement of old sewerage lines

Sindh Chief Minister Syed Murad Ali Shah while taking serious view of the collapse of a 66-inch dia sewerage line at Club road has directed water board to reconstruct all the old lines in the vicinity and prepare a plan for replacing all the old lines wit

Published 05 Nov, 2019 12:00am

SHC scolds NAB over unsatisfactory probe against Durrani

Sindh High Court (SHC) on Monday showed annoyance over National Accountability Bureau (NAB) for unsatisfactory investigation against Speaker Sindh Assembly Agha Siraj Durrani in "assets beyond means" reference.

Published 05 Nov, 2019 12:00am

Opposition parties fail to evolve consensus

An all-party conference (APC) of the opposition political parties, which deliberated on various options as part of the anti-government movement, failed to evolve a consensus over whether opposition legislators resign en masse from the Parliament or move f

Published 05 Nov, 2019 12:00am

ACCA launches report called 'Social & Environmental Value Creation'

Today, consumers and governments are sharpening their focus on ethical and sustainability issues. Buying habits are changing. Regulations are tightening. And businesses are under increasing scrutiny about their impact on society from the media, consumers,

Published 05 Nov, 2019 12:00am

Business & Economy

Spanish businessmen to visit Pakistan next week: envoy

"Spanish businessmen are regularly visiting Pakistan despite of travel advisory while another delegation from Spain will visit Pakistan next week. A delegation will also visit Faisalabad in addition to having meetings in Lahore and Karachi," said Manuel D

Published 05 Nov, 2019 12:00am

Telecommunication

TelloTalk raises $1.6 million funding from investors

TelloTalk, Pakistan's homegrown messaging platform has raised US $1.6 million funding from a consortium of international and domestic investors.

Updated 05 Nov, 2019 07:32am

Money & Banking

Authorized banks: SBP must consider reallocation/upward revision of sanction limits: PHMA

"To facilitate the exporters in respect to their increasing need of export refinancing, it is imperative that the State Bank of Pakistan should consider reallocation/upward revision of sanction limits to the authorized Banks."

Published 05 Nov, 2019 12:00am

Money & Banking

FCIBL holds corporate briefing session

First Credit and Investment Bank Ltd (FCIBL) held an informative corporate briefing session for investors and analysts at the auditorium of the Pakistan Institute of International Affairs, Karachi on October 25, 2019.

Updated 05 Nov, 2019 06:20am

NDU's team visits PSCA

A National Defence University (NDU) delegation of senior military officers from 22 friendly countries visited the Punjab Safe Cities Authority (PSCA) on Monday.

Published 05 Nov, 2019 12:00am

Bilawal slams government over 'targeting' opposition members

Bilawal Bhutto-Zardari continued his tirade of attacks against the PTI government while addressing a PPP rally in Och Sharif on Monday.

Published 05 Nov, 2019 12:00am

Nawaz's platelets count remain around 40,000

While the treatment of former prime minister is underway here at the Services hospital, Nawaz Sharif's platelets count remained around 40,000, it has been learnt.

Published 05 Nov, 2019 12:00am

Business & Economy

Exports to US: US CG pledges to support Pakistani businessmen's endeavours

The US Consul General in Lahore Ms Catherine Rodriguez has pledged to support Pakistani businessmen's endeavours for enhancing Pakistan's exports to the United States.

Published 05 Nov, 2019 12:00am

PML-N decides to use all options against PTI government

Pakistan Muslim League-Nawaz (PML-N) in a consultative meeting held here at the PML-N Secretariat on Monday, deliberated upon the country's current political and economic situation and expressed resolve to use all options to expose the current PTI-led gov

Published 05 Nov, 2019 12:00am

Business & Economy

Physiogel sponsors Fashion Pakistan Week Fall 2019

The leading skin care brand Physiogel was the official red-carpet sponsor for Fashion Pakistan Week. Ayesha Omer, the official brand ambassador for Physiogel was present at the star-studded event.

Published 05 Nov, 2019 12:00am

Articles

Partly Facetious : PM doesn't read newspapers

"What makes a good federal minister?"

Published 05 Nov, 2019 12:00am

Brief Recordings

Hascol Petroleum Limited

Hascol Petroleum Limited (PSX: HASCOL) was incorporated as a private limited company on March 28, 2001 and was converted into a public unlisted company in 2007.

Updated 05 Nov, 2019 06:23am

IT & Computers

Apple offers $2.5 billion to address California housing crisis

Apple said Monday it would commit $2.5 billion over the next two years to help address the shortage of affordable housing in California and reduce homelessness.

Published 05 Nov, 2019 12:00am

42 years on, Voyager 2 charts interstellar space

A probe launched by NASA four days after Elvis died has delivered a treasure trove of data from beyond the "solar bubble" that envelops Earth and our neighbouring planets, scientists reported Monday.

Published 05 Nov, 2019 12:00am

IT & Computers

New Facebook logo arrives as its 'family' grows

Facebook on Monday unveiled a new logo to represent the Silicon Valley company, distinct from its core social network.

Published 05 Nov, 2019 12:00am

UK lowers terror threat level to 'substantial'

Britain on Monday downgraded the country's terrorism threat level from "severe" to "substantial", its lowest rating in more than five years, the interior ministry said.

Updated 05 Nov, 2019 06:31am

EU foe Farage takes Brexit poll challenge to Johnson

Anti-EU populist leader Nigel Farage said Monday he will field hardline Brexit candidates across Britain despite fears he could deny Prime Minister Boris Johnson a majority in next month's election.

Published 05 Nov, 2019 12:00am

India will not join RCEP trade deal in blow to sprawling Asian pact

India said Monday it would not join a sprawling Asian trade pact, dealing a blow to the China-backed deal at the end of a Bangkok summit held against a backdrop of global growth fears.

Updated 05 Nov, 2019 06:30am

Southeast Asia leaders snub US meeting after Trump skips

Several Southeast Asian leaders snubbed a meeting with US officials on Monday after President Donald Trump decided not to attend a regional summit in Bangkok.

Published 05 Nov, 2019 12:00am

Moving prisoner epic wins France's top literary prize

A moving and colourful epic about a prisoner looking back on his life won France's top literary award, the Prix Goncourt, Monday.

Updated 05 Nov, 2019 07:17am

Gorbachev warns world in 'colossal' danger from nuclear weapons

Former Soviet leader Mikhail Gorbachev says the world is in "colossal" danger from nuclear weapons held by global powers amid continued tensions since the end of the Cold War.

Updated 05 Nov, 2019 06:30am

Nigeria puts squeeze on oil majors as upends deals

Nigeria's President Muhammadu Buhari on Monday signed a measure to change the country's agreements with multinational oil companies to significantly increase the share of offshore oil revenue it takes.

Published 05 Nov, 2019 12:00am

Millions in India endure 'eye-burning' smog

Millions of people in India's capital started the week Monday choking through "eye-burning" smog, with schools closed, cars taken off the road and construction halted.

Published 05 Nov, 2019 12:00am

US judges reject Trump appeal over tax returns

A US appeals court ruled on Monday that President Donald Trump must release eight years of tax returns, dealing a blow to his attempts to keep his personal earnings private.

Updated 05 Nov, 2019 06:30am

Money & Banking

Libra could come under some existing rules: watchdog

Existing securities rules could apply to "stablecoin" digital currency initiatives such as Facebook's Libra project to help realise its benefits, global securities watchdog IOSCO said on Monday as policymakers examine whether new regulation is needed.

Published 05 Nov, 2019 12:00am

Money & Banking

Euro eyes chart resistance in Asia

The euro was poised near major chart resistance against the dollar on Monday as investors waited to hear the first official speech from the new head of the European Central Bank later in the session.

Published 05 Nov, 2019 12:00am

Money & Banking

Early trade in New York: Dollar rises against yen, Swiss franc

The dollar on Monday was broadly higher against safe-haven currencies such as the yen and Swiss franc, bolstered by higher risk appetite due to US-China trade hopes and Friday's generally upbeat US non-farm payrolls report for October.

Updated 05 Nov, 2019 06:18am

Money & Banking

Euro dips, yuan jumps in Europe

The euro edged down on Monday as investors awaited Christine Lagarde's first speech as European Central Bank president, but it kept near its highest level in weeks on hopes that the United States may opt not to impose tariffs on auto imports.

Updated 05 Nov, 2019 06:18am

Money & Banking

South Africa rand and bonds bounce

The South African rand and government bonds jumped on Monday after ratings agency Moody's kept the country's last investment-grade credit rating intact, but many investors expected the rally could fade soon.

Updated 05 Nov, 2019 06:18am

Money & Banking

Asian forex: South Korean won leads broad-based gains

Asian currencies strengthened on Monday, with the South Korean won leading the gains, as growing optimism over a potential Sino-US trade deal and upbeat US jobs data whetted investors' risk appetite.

Updated 05 Nov, 2019 06:17am

Money & Banking

Aussie unsettled by dire retail data, kiwi up

The Australian dollar took a breather on Monday after a dire set of retail sales numbers suggested the economy was still struggling despite three cuts in interest rates, and that yet more stimulus might be necessary.

Updated 05 Nov, 2019 06:17am

Money & Banking

Sterling near day's lows on UK election uncertainty

The sterling held near the day's lows on Monday with investors' attention focused on political developments as election campaigning gets under way.

Published 05 Nov, 2019 12:00am

Money & Banking

Sri Lankan rupee up

The rupee ended 0.39% firmer at 180.40/60 per dollar on Monday, compared with Friday's close of 181.10/25. The currency is up 1.22% so far this year.

Updated 05 Nov, 2019 06:17am

Other

Ferrari reject Verstappen 'cheating' claims

Ferrari has hit back at Max Verstappen's 'cheating' claims made against the Italian team following the United States Grand Prix.

Published 05 Nov, 2019 12:00am

Other

Clijsters comeback delayed by knee injury

Former world number one Kim Clijsters has been forced to delay her planned return to competitive tennis in January following a seven-year hiatus because of a knee injury.

Published 05 Nov, 2019 12:00am

Cricket

PCB opens U-18 women trials through Skills2Shine plan

With the aim of fielding a competitive and quality side in the 2021 ICC Women's Under-19 Cricket World Cup, the Pakistan Cricket Board (PCB) is organising trials for Under-18 women through its Skills2Shine programme.

Published 05 Nov, 2019 12:00am

Other

Paris launches works on 2024 Olympic village

The French government on Monday launched construction on a massive project to build from scratch the village for the 2024 Olympic Games in Paris, a development that aims to reinvigorate the poorest area in the country.

Updated 05 Nov, 2019 10:48am

Other

1948 Olympic cycling champion Jacques Dupont dies

French cyclist Jacques Dupont, who won a gold medal at the 1948 Olympic Games in London, has died at the age of 91, his family announced on Monday.

Published 05 Nov, 2019 12:00am

Other

Nadal returns to number one in spite of Djokovic win

Rafael Nadal's return to the world number one position for the eighth time in his career was confirmed when the ATP rankings were released on Monday.

Updated 05 Nov, 2019 10:37am

Football

Leeds goalkeeper Casilla charged with racial abuse

Leeds goalkeeper Kiko Casilla has been charged with racially abusing Charlton forward Jonathan Leko during a Championship fixture.

Published 05 Nov, 2019 12:00am

Previous Day

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

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular