News Archives for Print - 2019-11-18

Print - 2019-11-18

Articles

Lower GDP growth rate in 2018-19

The economy has been in a state of 'stagflation' for over a year now. The GDP growth rate has fallen while there has been a spurt in the rate of inflation. What is not generally realized is how wide and deep the decline in value added or production is in

Updated 19 Nov, 2019 10:24am

Rates

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (November 11 to 15, 2019).

Published 18 Nov, 2019 12:00am

Rates

Returns on Profit and Loss Sharing Investment Bank Accounts (January to June 2014)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 18 Nov, 2019 12:00am

General News

The Weather

The weather report on Sunday (November 17, 2019) and the forecast for Monday (November 18, 2019).

Published 18 Nov, 2019 12:00am

General News

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 18 Nov, 2019 12:00am

Message from Dr. Arif Alvi, President Islamic Republic of Pakistan

It is with immense pleasure that I am inaugurating the Balochistan Livestock Expo - 2019 today because this initiative will surely strengthen the Livestock Sector. It may can be termed as a big leap towards self-reliance and generation of poverty alleviat

Published 18 Nov, 2019 12:00am

Message from Imran Khan, Prime Minister Islamic Republic of Pakistan

In the name of Almighty-Allah I would like to express that Livestock in the country has great potential especially in Balochistan's economy, the Livestock Sector has a mega contribution and there is no doubt to say that the Livestock is backbone of provin

Published 18 Nov, 2019 12:00am

Message from Amanullah Khan Yasinzai, Governor Balochistan

Livestock is one of the four major pillars of the economy of Balochistan and contributes more than 50 percent of Balochistan's Agriculture GDP and 10 percent of the overall Provincial GDP. This economic performance is achieved even though the livestock se

Published 18 Nov, 2019 12:00am

Message from Jam Mir Kamal Khan, Chief Minister Balochistan

I wish to congratulate all the stakeholders and the entire team of this event organization, on this historic day of inauguration of Balochistan Livestock Expo- 2019. The significance of this event can be well understood by all participants who know what i

Published 18 Nov, 2019 12:00am

Message from Captain Fazeel Asghar (Retd), Chief Secretary Balochistan

The Livestock Sector, is not only a mainstay of our economy, but is also a way of life for many of our people and an essential part of our culture and tradition. Balochistan Livestock Expo - 2019 is being held with the keen participation of national and i

Published 18 Nov, 2019 12:00am

Cricket

Australia ban Pattinson from Pakistan Test for 'personal abuse'

Australia fast bowler James Pattinson was suspended on Sunday for player abuse, ruling him out of the first Test against Pakistan this week.

Published 18 Nov, 2019 12:00am

Other

Thiem dethrones Zverev to set up London final against Tsitsipas

Dominic Thiem beat defending champion Alexander Zverev on Saturday to join Roger Federer's conqueror Stefanos Tsitsipas in the final of the ATP Finals in London. The Austrian fifth seed saw off the big-serving German 7-5, 6-3 after Greece's Tsitsipas, mak

Published 18 Nov, 2019 12:00am

Cricket

Mixed form for England ahead of New Zealand Test

England completed preparations for the first Test against the Black Caps with mixed fortunes in a drawn warm-up match against New Zealand A in Whangarei on Sunday. After New Zealand batted first and declared at 302 for six, England slumped to five for 105

Published 18 Nov, 2019 12:00am

Football

Euro 2020 takes shape as Netherlands, Germany and Croatia qualify

The Netherlands, Germany and World Cup finalists Croatia expanded a list of big hitters to qualify for Euro 2020 on Saturday as the trio booked their places at next summer's finals.

Published 18 Nov, 2019 12:00am

Football

Ronaldo moves onto 99 as Portugal qualify for Euro 2020

Portugal captain Cristiano Ronaldo scored his 99th international goal as the defending champions edged past Luxembourg 2-0 in difficult conditions away from home on Sunday to qualify for Euro 2020.

Published 18 Nov, 2019 12:00am

Other

Japan get gold, Mexico secure 2020 Olympic baseball spot

Japan defeated South Korea 5-3 in the final of the WBSC Premier 12 baseball tournament, while Mexico beat the US 3-2 to qualify for the Tokyo 2020 Olympics. South Korea opened up the game with two homers by Kim Ha-seong and Kim Hyun-soo in the top of the

Published 18 Nov, 2019 12:00am

Other

Serbia confident Djokovic will be fit for Davis Cup

Serbia's Davis Cup captain Nenad Zimonjic was optimistic on Sunday that world number two Novak Djokovic will be fit to play in this week's new look Davis Cup in Madrid. Djokovic lost to Roger Federer on Thursday, missing out on a place in the ATP Finals s

Published 18 Nov, 2019 12:00am

Cricket

Bangladesh hopes to draw Indian players to T20 tournament

Bangladesh hopes to attract Indian players to its revamped Twenty20 league to boost its international pool and raise the profile of the cash-rich tournament. The country's cricket governing body has taken control of the Bangladesh Premier League, which wa

Published 18 Nov, 2019 12:00am

Other

Hong Kong's Lee wins home badminton title

Home favourite Lee Cheuk-yiu battled to victory over Indonesia's Anthony Ginting to secure a shock Hong Kong Open win as the city's pro-democracy protests raged nearby on Sunday. Lee, 23, came from a game behind and then saw off championship point in a th

Published 18 Nov, 2019 12:00am

Cricket

Afghanistan clinch T20 series win over West Indies

Teenage opener Rahmanullah Gurbaz hit an attacking half-century to set up Afghanistan's 29-run series-clinching win over West Indies in the third Twenty20 international on Sunday. Gurbaz hit 79 off 52 balls as Afghanistan posted 156 for eight, a total the

Published 18 Nov, 2019 12:00am

Other

Fleetwood wins record European Tour prize in play-off

Tommy Fleetwood made three eagles before winning a sudden death play-off and the biggest first prize in European Tour history in the Nedbank Golf Challenge at the Gary Player Country Club on Sunday.

Published 18 Nov, 2019 12:00am

Other

Marquez wins season-ending MotoGP at Valencia

World champion Marc Marquez clinched his 12th MotoGP victory of the season in Sunday's final race in Valencia ahead of French rookie Fabio Quartararo. Marquez, who secured his sixth premier category title last month, finished over a second clear of pole-s

Published 18 Nov, 2019 12:00am

Football

South African Premier League smashes billion-rand revenue mark

The South African Premier Soccer League (PSL), boosted by a lucrative TV deal, posted record revenue of more than one billion rand last season. A statement said TV rights and sponsorships from banks, telecommunication and engineering companies were respon

Published 18 Nov, 2019 12:00am

Pakistan chairs meeting of Convention on CCW

A meeting of the Convention on Certain Conventional Weapons (CCW), held under Pakistan's presidency, has agreed to renew efforts aimed at forging an international consensus on regulating the use of deadly autonomous weapons, which are capable of making th

Published 18 Nov, 2019 12:00am

Balochistan government to set up anti-harassment cells

The Balochistan government has finalized a plan to establish Anti-Harassment Cells in the Chief Minister Secretariat, Commissioner and Deputy Commissioner offices to strictly tackle harassment issues in the province.

Published 18 Nov, 2019 12:00am

371 criminals held, looted items recovered in capital

Islamabad police have arrested 371 outlaws during last three weeks and recovered looted items worth millions of rupees from them including gold ornaments, cars and bikes, a police spokesman said.

Published 18 Nov, 2019 12:00am

Energy

Wind power project to generate 500MW soon: minister

Federal Minister for Energy and Petroleum, Omar Ayub Khan has said 500 megawatt wind power project would commence generation of clean energy to the country soon.

Published 18 Nov, 2019 12:00am

Business & Economy

Training workshop for women entrepreneurs organized

Business development experts at a training workshop have urged the young female entrepreneurs to follow the emerging advances and online business tools to promote and market their products in a better way.

Published 18 Nov, 2019 12:00am

'White Coats' ceremony at AUMC today

At Ameer Uddin Medical College(AUMC), "White Coats" ceremony will take place today (Monday) at College Campus in which ex-principals, MBBS students and their parents will be attending in a large number while faculty members will also participate.

Published 18 Nov, 2019 12:00am

Global Business Economy

Billionaire Zara founder builds global real estate empire

Spanish billionaire Amancio Ortega, the founder of clothing giant Zara, has built up a global real estate empire that includes offices used by Facebook and Amazon in Seattle and large swathes of London's Oxford Street.

Updated 18 Nov, 2019 07:38am

Global Business Economy

US, China negotiators hold 'constructive' call on trade deal: ministry

Top Chinese and US trade negotiators held "constructive" discussions over the phone on a preliminary trade deal between the two countries, China's commerce ministry announced in a statement on Sunday.

Updated 18 Nov, 2019 07:27am

Bangladesh flies in onion supplies as price hits record high

Bangladesh is urgently importing onions by air as the price of the essential ingredient in local dishes soared to record highs, an official said Sunday, with even the prime minister chopping the bulb from her menu.

Published 18 Nov, 2019 12:00am

Bolivians queue for chicken and fuel as protests cripple highways

Bolivians suffered long lines on the streets of La Paz on Sunday to secure chicken, eggs and cooking fuel as supporters of ousted President Evo Morales continued to cripple the country's highways, isolating population centers from lowland farms.

Published 18 Nov, 2019 12:00am

IT & Computers

Google enters battle for cloud gaming market

Ever-expanding Google becomes a gaming company Tuesday with the launch of its Stadia cloud service that lets people play console-quality video games on a web browser or smartphone.

Published 18 Nov, 2019 12:00am

IT & Computers

Facebook messaging apps getting unified payment system

Facebook on Tuesday said it is consolidating the system that handles payments at the social network and in its family of messaging apps. The move comes in a climate of political rhetoric that includes calling for the California-based internet company to b

Published 18 Nov, 2019 12:00am

IT & Computers

Tech firms react to netizens' digital privacy concerns

Whistleblowers and digital pioneers have long been sounding the alarm about abuses of our privacy online. Now, a slew of tech entrepreneurs are bidding to turn growing consciousness about the problem into a money-making industry and many showcased their s

Published 18 Nov, 2019 12:00am

IT & Computers

Facebook says AI getting better at spying unwanted content

Facebook on Wednesday said that its software is getting more skilled at spying banned content at the social network, then working with humans to quickly remove terrorist videos and more.

Published 18 Nov, 2019 12:00am

IT & Computers

IBM: face recognition tech should be regulated, not banned

IBM weighed in November 5 on the policy debate over facial recognition technology, arguing against an outright ban but calling for "precision regulation" to protect privacy and civil liberties.

Published 18 Nov, 2019 12:00am

From sci-fi to science lab: Holograms you can 'feel'

Walking, talking holograms have been a staple of sci-fi films since Princess Leia was magically brought to life in "Star Wars". Now scientists in Britain say they can make even more realistic 3D versions - a butterfly, a globe, an emoji - which can be see

Published 18 Nov, 2019 12:00am

Singapore scientists produce in-vitro human skin

A piece of skin about the size of your thumbnail can be printed in less than a minute, scientists in Singapore say, a game-changing step for the future of non-animal testing for cosmetics and other products.

Updated 18 Nov, 2019 09:38am

Pneumonia kills a child every 39 seconds, health agencies say

Pneumonia killed more than 800,000 babies and young children last year - or one child every 39 seconds - despite being curable and mostly preventable, global health agencies said on Tuesday.

Published 18 Nov, 2019 12:00am

Climate change exposes future generations to life-long health harm

A child born today faces multiple and life-long health harms from climate change - growing up in a warmer world with risks of food shortages, infectious diseases, floods and extreme heat, a major global study has found.

Updated 18 Nov, 2019 07:27am

Insomnia symptoms tied to increased risk of heart attack, stroke

People who have trouble falling asleep or staying asleep may be more likely to have a heart attack or stroke than individuals who don't have any sleep difficulties, a recent study suggests. Researchers followed 487,200 people in China for about a decade s

Updated 18 Nov, 2019 07:40am

Sea levels could rise even faster, higher than feared: study

Global warming could drive a much more dramatic increase in sea levels than current projections suggest, scientists say, citing a rise of 10 metres (33 feet) during Earth's last warming interlude more than 100,000 years ago.

Updated 18 Nov, 2019 07:27am

Telecommunication

Vodafone Idea makes $7 billion loss after provisions for government dues

Indian mobile carrier Vodafone Idea on Thursday reported the biggest quarterly loss in India's corporate history after making provisions for outstanding government dues.

Published 18 Nov, 2019 12:00am

Global Business Economy

Boeing orders sink as customers opt to swap MAX

Boeing Co took 10 new plane orders last month, but saw some customers swapping the US planemaker's grounded 737 MAX planes in favor of more expensive wide-body planes as doubts lingered about the MAX's return to service.

Updated 18 Nov, 2019 07:27am

Energy

Aramco names first woman to head overseas office

Saudi Aramco, the world's top oil exporter, has appointed its first woman head of an overseas office, two sources with knowledge of the matter said on Wednesday. Marwa al-Khuzaim will helm Aramco Asia Singapore from December, taking over from Nader al-Arf

Published 18 Nov, 2019 12:00am

Money & Banking

Singapore's DBS Q3 profit beats view on wealth fees

DBS Group Holdings, Southeast Asia's biggest lender, reported that higher wealth management fees drove a forecast-beating 15 percent rise in third-quarter profit, but cautioned growth will slow next year due to the impact of lower interest rates.

Published 18 Nov, 2019 12:00am

Energy

Toshiba to buy out three listed subsidiaries

Toshiba Corp on Wednesday reported its highest quarterly profit in two years and said it will buy out three of its listed subsidiaries as the industrial conglomerate moves on from accounting scandals and a management crisis. Toshiba's energy and infrastru

Published 18 Nov, 2019 12:00am

Money & Banking

ABN Amro's Q3 profit drops 24 percent on higher costs for client oversight

ABN Amro on Wednesday became the first of the three big Dutch banks to bow to political pressure and promise not to apply negative interest rates to savings accounts of less than 100,000 euros ($110,200).

Published 18 Nov, 2019 12:00am

Global Business Economy

Tesla to build first European plant in Berlin

Tesla will build its first European factory and design centre near Berlin, giving the US electric car pioneer the coveted "Made in Germany" label just as local rivals Audi, BMW and Mercedes prepare to launch competing cars.

Updated 18 Nov, 2019 07:14am

Global Business Economy

Deutsche Post reports Q3 profit jump

Deutsche Post DHL reported an almost tripling of third-quarter operating profit on Tuesday and said it expected a strong fourth quarter buoyed by ecommerce and growth in its freight division despite slowing global trade. The German post and logistics grou

Updated 18 Nov, 2019 07:14am

Stocks

Wall Street week ahead: sagging consumer discretionary shares look for a spark

The strength of the US consumer has been often cited as a pillar of the economy and one of the reasons the S&P 500 has recently scaled new heights, but consumer discretionary stocks

Published 18 Nov, 2019 12:00am

Money & Banking

Small French investors snap up 1 billion euros in lottery share subscription

The French state has raised 1 billion euros in subscriptions from small-time investors for shares in the national lottery, which is to be privatised next week, Finance Minister Bruno Le Maire announced Sunday.

Published 18 Nov, 2019 12:00am

Money & Banking

Norwest Venture closes $2 billion fund, its biggest to date

Norwest Venture Partners, a former investor in Uber and Spotify, said on Thursday it closed its largest fund to date at $2 billion, bringing its total capital under management to $9.5 billion.

Published 18 Nov, 2019 12:00am

Money & Banking

Markets turn long on Chinese yuan, peso bulls at 5-1/2-year peak

Market participants turned bullish on the Chinese yuan after nearly seven months and increased long positions on most emerging Asian currencies over the past two weeks, a Reuters poll showed, as prospects of an interim Sino-US trade deal whetted risk appe

Published 18 Nov, 2019 12:00am

Money & Banking

Most CEE currencies seen returning to gains

Central Europe's leading currencies should firm against the euro over the next year, lifted by solid growth once global worries calm, although the expected gains will be less than previously forecast, a Reuters poll showed on Friday.

Updated 18 Nov, 2019 07:21am

Stocks

Foreigners buy Japanese stocks for fifth straight week

Foreigners were net buyers of Japanese stocks for a fifth consecutive week last week, as optimism grew that the United States and China could clinch an interim trade deal.

Updated 18 Nov, 2019 07:21am

Money & Banking

US-sanctioned Venezuela doubles euro supplies to banks

Venezuela's central bank has doubled the amount of euros in cash it provides local banks as hyperinflation and US sanctions prompt a surge in use of the European currency, four sources familiar with central bank activities said.

Published 18 Nov, 2019 12:00am

Stocks

FAB drags down Abu Dhabi; other Gulf markets steady

Abu Dhabi's stock market fell sharply on Sunday, weighed down by the country's largest lender First Abu Dhabi Bank, while other Gulf markets were mostly flat.

Updated 18 Nov, 2019 07:21am

Money & Banking

Primary dealers remain key for European government bond sales

The role of banks as primary dealers in European government bond auctions remains key, and pressure on banks to maintain this function appears to have stabilised, two debt agency chiefs said on Wednesday.

Updated 18 Nov, 2019 07:21am

Stocks

Brazil's largest digital broker XP files for Nasdaq IPO

Brazil's largest digital broker, XP Inc, on Friday filed for an initial public offering on Nasdaq. The company plans a dual-class share structure giving controlling shareholders of Class B shares 10 times the voting rights of Class A shares sold in the of

Updated 18 Nov, 2019 07:21am

Money & Banking

Many pitfalls in reform of Africa's CFA franc

Calls to overhaul the West African CFA franc, a currency tied to the euro and historically rooted in French colonial rule, raise a host of thorny problems, analysts say.

Published 18 Nov, 2019 12:00am

First China-made carrier sails through Taiwan Strait

A Taiwanese minister accused China of intimidation ahead of upcoming elections after Beijing sent its first domestically-built aircraft carrier to sail through the Taiwan Strait on Sunday, Taipei's defence ministry said.

Published 18 Nov, 2019 12:00am

French 'yellow vests' shut down top Paris department store

French "yellow vest" demonstrators occupied a top Parisian department store on Sunday, a day after clashes in the capital on the first anniversary of the protest movement.

Updated 18 Nov, 2019 07:16am

Two planes in 'minor' collision at Frankfurt airport

An Air Namibia plane collided with a Korean Air jet after landing at Frankfurt airport on Saturday evening, officials said, adding that no one was injured.

Updated 18 Nov, 2019 07:13am

Palestinian journalists protest wounding of colleague

"The eyes of truth will never be blinded," protesters' placards read, as Palestinian journalists wore eye patches Sunday to decry the wounding of a colleague in the occupied West Bank.

Published 18 Nov, 2019 12:00am

Pope hosts meal for 1,500 poor and homeless

Pope Francis on Sunday hosted around 1,500 poor and homeless people for lunch at the Vatican, decrying indifference to poverty as the Catholic Church marked its World Day of the Poor.

Updated 18 Nov, 2019 07:10am

US, South Korea postpone joint drills in 'act of goodwill'

The US and South Korea will postpone joint air drills in an "act of goodwill" towards the nuclear-armed North, US Defence Secretary Mark Esper said Sunday, after months of deadlocked diplomacy with Pyongyang.

Updated 18 Nov, 2019 07:10am

Tens of thousands protest in Georgia demanding snap polls

Tens of thousands of opposition supporters rallied in Georgia on Sunday, demanding the government's resignation and early parliamentary polls after the increasingly unpopular ruling party backtracked on promised electoral reforms.

Published 18 Nov, 2019 12:00am

UK PM sets out immigration plans as Conservatives hit two-year poll high

British Prime Minister Boris Johnson set out plans on Sunday to end preferential treatment for European Union migrants, as opinion polls showed his Conservative Party has the highest level of support since 2017 ahead of next month's election.

Published 18 Nov, 2019 12:00am

Australian man accused of starting bushfire to protect cannabis crop

An Australian man has been accused of deliberately lighting a fire to protect his cannabis crop, sparking an out-of-control bushfire as blazes rage along the country's east coast.

Updated 18 Nov, 2019 06:45am

Lebanon tycoon forgoes PM job

Lebanon's former finance minister has backed down from becoming the protest-hit country's new prime minister, after reports of his nomination sparked ire among demonstrators railing against the ruling elite.

Updated 18 Nov, 2019 06:44am

Hong Kong police warn of 'live fire' as campus protest siege deepens

Hong Kong police Monday warned for the first time in months of unrest that they may use "live rounds" after pro-democracy protesters fired arrows and threw petrol bombs at officers at a besieged university campus, as the crisis engulfing the city sharply

Published 18 Nov, 2019 12:00am

'Sugarcane crop consumes water equivalent to Mangla storage annually' an interview with Dr Shahid Afghan, Sugarcane Research & Development Board (Punjab)

Dr Shahid Afghan is CEO Sugarcane Research & Development Board (SRDB), Govt. of Punjab. He has over thirty years of Research, Development & Innovation experience in sugarcane crop production. In the past, he has also served as the project head of provinci

Updated 19 Nov, 2019 10:15am

Press freedom: Tributes paid to Daniel Pearl's life, contribution

Acting US Consul General Jack Hillmeyer welcomed a festive crowd of 200 music lovers to a concert organized by the US Consulate General Karachi at the Arts Council Karachi to mark the 17th annual "Daniel Pearl World Music Days." Contemporary Sufi musician

Published 18 Nov, 2019 12:00am

Sindh sans Senior Citizens' Council even after 3 years

Sindh Government has failed to constitute the Senior Citizens' Council despite the provincial assembly has passed the 'Senior Citizens Welfare Act' back in 2016, depriving the aged-people of leading a respectful and dignified life, as promised by the act.

Published 18 Nov, 2019 12:00am

Energy

SSub-standard solar equipment: government to form policy to curb import

The Federal Government has decided to formulate a comprehensive policy/ criteria to curb import of sub-standard solar equipment and take steps to ensure that the country does not become a dumping ground for sub-standard solar equipment.

Published 18 Nov, 2019 12:00am

Anti-polio campaign to begin in KP from today

The four days anti-polio campaign will be launched in nine districts of Khyber Pakhtunkhwa from today (Monday) in response to the polio cases and continuous virus circulation in the region.

Published 18 Nov, 2019 12:00am

Navy, Royal Bahrain Defence Force's SOF exercises conclude

A bilateral exercise SHAHEEN AL JAZEERA -2019 between Pakistan Navy's Special Service Group and Royal Bahrain Defence Force's Special Operation Force (SOF) concluded at Karachi. Shaheen Al Jazeera is a series of bilateral SOF exercises which is conducted

Published 18 Nov, 2019 12:00am

Business & Economy

RCCI for reducing interest rate

Rawalpindi Chamber of Commerce and Industry (RCCI) has urged the government to lower the interest rate as it had increased the credit cost of commercial banks which is badly affecting the growth of industrial activities and added more difficulties for the

Published 18 Nov, 2019 12:00am

Haji Adeel's third death anniversary today

Third death anniversary of the late senior politician Senator Haji Mohammad Adeel is being observed here Monday (today). The late veteran politician, during his four decades long political career, had worked on different important offices of ANP and offic

Published 18 Nov, 2019 12:00am

Several officers of AG Sindh promoted

Federal Government has promoted the Assistant Accounts Officers namely Burhan Haider Lodhi, Zaheer Ahmad Memon, Hassan Jan Changezi, Fahad Mansuri, Mazhar Hussain Magsi, Israr Ahmed Khan, Zaffar Abbas Unar, Munir Ahmed Shaikh, working in Basic Pay Scale-1

Published 18 Nov, 2019 12:00am

Pakistan rejects Indian minister's assertions

Pakistan on Sunday firmly rejected the unfounded remarks reportedly made by the Indian External Affairs Minister (EAM) in an interview with a French newspaper and in interaction with certain other media outlets.

Published 18 Nov, 2019 12:00am

Prices of essential food items rise sharply

Prices of essential food commodities, including vegetable, pulses, fruits, sugar, flour and other have risen sharply in local market, according to a survey carried out by Business Recorder here on Sunday.

Published 18 Nov, 2019 12:00am

Wahab opens NICVD's 11th CPU in Lyari's Moosa Lane

Adviser to Sindh Chief Minister for Law and Environment Murtaza Wahab Thursday inaugurated the 11th chest pain unit of National Institute of Cardiovascular Diseases (NICVD) in Moosa Lane area of Lyari and urged the NICVD administration to open one such ch

Published 18 Nov, 2019 12:00am

Business & Economy

Appointment of CEO SMEDA to trigger controversy

The lack of the representation of Khyber Pakhtunkhwa and Baluchistan on the Board of Directors (BoD) of Small and Medium Enterprises Development Authority (SMEDA) is likely to render the appointment of the new Chief Executive Officer (CEO) of the authorit

Published 18 Nov, 2019 12:00am

Energy

AGP detects non-recovery of Rs 3.384 billion by KP E&P department

The Auditor General of Pakistan (AGP) has detected non-recoveries of the outstanding dues of over Rs 3.384 billion of energy from Central Power Purchase Agreement (CPPA) and Peshawar Electric Supply Company (PESCO) and overpayment of Rs 3.08 million due t

Published 18 Nov, 2019 12:00am

Pakistan felicitates new Sri Lankan president

The Government and leadership of Pakistan warmly felicitate the newly-elected President of the Democratic Socialist Republic of Sri Lanka, Gotabaya Rajapaksa, on his electoral victory as the 7th President of the country.

Published 18 Nov, 2019 12:00am

Court order on Nawaz's plea proves govt's stance: Firdous

Special Assistant to Prime Minister on Information and Broadcast Dr Firdous Ashiq Awan said that order of the Lahore High Court (LHC) in connection with Nawaz Sharif's name in Exit Control List (ECL) proved that government stance was based on principles a

Published 18 Nov, 2019 12:00am

Vice Admiral Fayyaz Gilani appointed VCNS

Vice Admiral Muhammad Fayyaz Gilani has been appointed as Vice Chief of the Naval Staff (VCNS). Vice Admiral Muhammad Fayyaz Gilani has succeeded Vice Admiral Kaleem Shaukat who completed his tenure of service on 16 Nov 2019 as VCNS.

Published 18 Nov, 2019 12:00am

Netherlands' queen due on November 25

: Her Majesty Queen Máxima of the Netherlands will visit Pakistan from 25-27 November 2019 in her capacity as the United Nations Secretary-General's Special Advocate (UNSGSA) for Inclusive Finance for Development. During the visit, Queen Máxima will call

Published 18 Nov, 2019 12:00am

Business & Economy

Steam safari special train inaugurated

Federal Railways Minister Sheikh Rashid Ahmad on Sunday inaugurated Steam Safari Special Train in Rawalpindi. Talking to the media after inaugurating the new train, the minister said in first phase the Safari Train will operate from Rawalpindi to Golra (I

Published 18 Nov, 2019 12:00am

Business & Economy

Italy to invest 40 million euros in social sector: envoy

Italian Ambassador to Pakistan Stefano Pontecovero stated that the Italian government plans to invest 40 Million Euros for youth, health, infrastructure, education development policies and programmes in Pakistan in collaboration with Pakistan Poverty Alle

Published 18 Nov, 2019 12:00am

PTI to complete five-year constitutional term: Buzdar

Brushing aside the speculations of midterm elections, Punjab Chief Minister Usman Buzdar has claimed that the Pakistan Tehreek-e-Insaf (PTI) government will complete its constitutional tenure of five years.

Published 18 Nov, 2019 12:00am

NAB asks victims of Modarbat scam to submit claims

The National Accountability Bureau (NAB), Rawalpindi has directed the persons cheated by Hafiz Abdul Majid and Mufti Abdul Basit, etc to submit their compensation claims within the next fortnight.

Published 18 Nov, 2019 12:00am

Taxes

APCAA urges Customs to revise criteria of examination

All Pakistan Customs Agents Association (APCAA) has urged Pakistan Customs to revise the criteria of examination with suitable amendments as per international standards to facilitate business community.

Published 18 Nov, 2019 12:00am

Taxes

DGI&I Customs unearths tax evasion fraud worth $358,740

Directorate General Intelligence and Investigation (DGI&I), Customs, Karachi has unearthed a big fiscal fraud of $ 358740. According to an FIR, special investigation unit (SIU) of the Directorate received information that some unscrupulous elements were a

Updated 18 Nov, 2019 07:07am

Thar Foundation donates anti-locust pesticide to district government

To arrest the menace of locust in Thar, Thar Foundation has joined hands with district administration of Tharparkar by donating a consignment of anti-locust pesticide to the district government of Thar.

Published 18 Nov, 2019 12:00am

Business & Economy

5th ballot ceremony of DHA Bahawalpur held

DHA Bahawalpur, a premier community lifestyle provider, held its 5th ballot of 5,8 Marla & 2 Kanal Residential plots, 4 & 8 Marla Commercial plots and 4 & 8 Kanal Farm Houses (Residential plots) on 16 Nov 2019 at site of DHA Bahawalpur.

Published 18 Nov, 2019 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.90
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.32
Euro to USD / May 13	1.11
UK LIBOR % / May 12	4.96

Stock	Volume
S&P 500 / May 12	5,844.19
Nasdaq / May 12	18,708.34
Dow Jones / May 12	42,410.10
India Sensex / May 13	81,726.97
Tokyo Nikkei / May 13	38,305.85
Hang Seng / May 13	23,188.20
FTSE 100 / May 13	8,606.55
Germany DAX 30 / May 13	23,595.02
France CAC40 / May 13	7,859.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 12	16,985
Gold 10 Grams PKR / May 12	291,923
Crude Oil USD/Barrel / May 13	61.90
Gold Spot USD/Ounce / May 13	3,253.26
Cotton US¢/pound / May 13	66.85
Petrol/Litre / May 14	252.63
Diesel/Litre / May 14	256.64

Gainers
Losers
Leaders

Stock	Price
Grays Leasing / May 13 Grays Leasing Limited(GRYL)	4.51 ▲ 0.72 (19%)
TPL Trakker Ltd / May 13 TPL Trakker Limited(TPLT)	6.59 ▲ 1 (17.89%)
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.88 ▲ 1 (17.01%)
B. F. Mod. / May 13 B.F. Modaraba(BFMOD)	8.34 ▲ 1 (13.62%)
Burj Clean Energy Modaraba / May 13 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.11 ▲ 1 (12.33%)
Mahanna Islamic Index / May 13 Mahanna Islamic Index Traded Fund(MIIETF)	15.47 ▲ 1.65 (11.94%)
Haseeb Waqas / May 13 Haseeb Waqas Sugar Mills Limited(HWQS)	9.59 ▲ 1 (11.64%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)

Stock	Price
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	15.35 ▼ -1.71 (-10.02%)
Bilal Fibres / May 13 Bilal Fibres Limited(BILF)	19.59 ▼ -2.18 (-10.01%)
TPL Life Insur. / May 13 TPL Life Insurance Limited(TPLL)	46.80 ▼ -5.2 (-10%)
Din Tex. / May 13 Din Textile Mills Limited(DINT)	45 ▼ -4.99 (-9.98%)
Mughal Energy / May 13 Mughal Energy Limited(GEM)(GEMMEL)	19.90 ▼ -2.12 (-9.63%)
Suhail Jute / May 13 Suhail Jute Mills Limited(SUHJ)	78.36 ▼ -8.24 (-9.52%)
First Punjab Modaraba / May 13 First Punjab Modaraba(FPJM)	2.77 ▼ -0.28 (-9.18%)
Parmount Sp. / May 13 Paramount Spinning Mills Limited(PASM)	3.36 ▼ -0.31 (-8.45%)
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.95 ▼ -0.25 (-7.81%)
First IBL Mod. / May 13 First IBL Modaraba(FIBLM)	3 ▼ -0.24 (-7.41%)

Stock	Volume
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	41,734,903 ▼ -0.06
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	41,052,877 ▲ 6.27
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	35,773,773 ▲ 2.33
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	30,912,153 ▲ 15.65
B.O.Punjab / May 13 The Bank of Punjab(BOP)	24,175,098 ▼ -0.16
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	24,174,880 ▼ -0.09
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	23,803,446 ▼ -0.22
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	21,754,749 ▼ -3.25
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	20,681,855 ▲ 1.82
D.G.K.Cement / May 13 D.G. Khan Cement Company Limited(DGKC)	19,785,523 ▲ 10.35

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