News Archives for Print - 2019-12-29

<<>>

Print - 2019-12-29

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (December 28, 2019).

Published 29 Dec, 2019 12:00am

Money & Banking

THE RUPEE: Gains persist

The rupee maintained rising trend versus the dollar on the money market on Saturday in the process of trading activity, dealers said.

Published 29 Dec, 2019 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (December 28, 2019).

Published 29 Dec, 2019 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 28, 2019).

Published 29 Dec, 2019 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (December 28, 2019).

Published 29 Dec, 2019 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (December 28, 2019)

Published 29 Dec, 2019 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (December 28, 2019).

Published 29 Dec, 2019 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (December 28, 2019).

Published 29 Dec, 2019 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (December 28, 2019).

Published 29 Dec, 2019 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (December 28, 2019).

Published 29 Dec, 2019 12:00am

The Weather

The weather report on Saturday (December 28, 2019) and the forecast for Sunday (December 29, 2019).

Published 29 Dec, 2019 12:00am

Schedules

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (December 28, 2019).

Published 29 Dec, 2019 12:00am

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (December 28, 2019).

Published 29 Dec, 2019 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 29 Dec, 2019 12:00am

Cricket

Naseem Shah's participation in Under-19 Cricket World Cup hangs in balance

Young Pakistani pacer Naseem Shah's participation in the Under-19 Cricket World Cup to be held in South Africa early next year hangs in balance, as the senior team management is not in favour of releasing him for this event.

Published 29 Dec, 2019 12:00am

Cricket

There is no discrimination in team: Yousaf

Former Pakistani skipper Mohammad Yousuf has condemned the comments made about discrimination regarding players from the minority in the Pakistan cricket team. Mohammad Yousuf said in his tweet, "I have been a member of the team and have always had a lot

Published 29 Dec, 2019 12:00am

Cricket

Stunned New Zealand fight to save second Australia Test

New Zealand were facing a massive run chase to save the second Test and the series after they were dismissed for 148 in Melbourne on Saturday, with Australia batting again to rub salt in the wounds and extend their lead. At the close on day three, the hom

Published 29 Dec, 2019 12:00am

Cricket

England's chance to do 'something special': Thorpe

England have an opportunity "to do something special," batting coach Graham Thorpe said after Rory Burns and Dom Sibley gave them a strong start to a challenging run chase on the third day of the first Test against South Africa at SuperSport Park on Satur

Published 29 Dec, 2019 12:00am

Other

KP team to participate in Wall Climbing Championship

Khyber Pakhtunkhwa team will participate in the National Wall Climbing Championship to be organized at Jinnah Sports Complex Islamabad on Sunday. This was stated by General Secretary KP Alpine and Wall Climbing Association while talking to APP here on Sat

Published 29 Dec, 2019 12:00am

Other

We dare not lose CAF Cup match, warns Enyimba star Mbaoma

Enyimba star Victor Mbaoma says they dare not lose away to Paradou of Algeria Sunday if they hope to become the first Nigerian winners of the CAF Confederation Cup. "We have performed poorly in other African countries this season," said the forward, refer

Published 29 Dec, 2019 12:00am

Commodities

Doctor Copper ends 2019 on a high note

Doctor Copper is ending the year on a high note. London Metal Exchange (LME) copper has this morning hit a seven-month high of $6,235.50 per tonne, having broken out of its previous $5,500-6,000 range earlier this month.

Published 29 Dec, 2019 12:00am

Commodities

Gold prices flip to a premium in India due to limited supplies

Gold prices flipped to a premium this week in India due to limited supplies even as demand remained subdued, while other Asian regions barely saw any holiday purchasing.

Published 29 Dec, 2019 12:00am

Global Business Economy

West Africa crude: high freight rates weigh on offers

Freight rates for major routes from West Africa to Europe and East Asia have settled near 2019 highs and sellers have offered cargoes for low prices relative to last month in order to drum up interest during the holiday buying period.

Published 29 Dec, 2019 12:00am

Commodities

Zimbabwe to spend $133 million on maize subsidies after drought

Zimbabwe will next year spend 2.16 billion Zimbabwe dollars ($133 million) on subsidies for the staple maize meal as it seeks to keep prices of the most consumed food affordable amid food shortages and spiralling inflation.

Published 29 Dec, 2019 12:00am

Commodities

Iran bought up to one million tonnes of wheat

Iran has bought up to 1 million tonnes of wheat in recent weeks on international markets, trade sources said on Thursday.

Published 29 Dec, 2019 12:00am

Commodities

China's northeast cornbelt likely to be hit by armyworm

China warned earlier this week that a destructive pest that has threatened the country's grain output is expected to hit more crops across wider areas in 2020, including the key corn-growing region in the northeast.

Published 29 Dec, 2019 12:00am

Commodities

CBOT wheat rises on technical buying

Chicago Board of Trade (CBOT) wheat futures rose on Thursday on technical buying and concerns about tightening supplies in major exporters, traders said. In Russia, the world's top wheat exporter, agricultural consultancy SovEcon lowered its 2019/2020 whe

Published 29 Dec, 2019 12:00am

Cotton & Textile

Slow activity seen on cotton market

Trading activity came down on the cotton market on Saturday owing to lack of smooth supply of best quality, dealers said. The official spot rate was unchanged at Rs8800, they added. In ready session, over 2000 bales of cotton changed hands between Rs8300-

Published 29 Dec, 2019 12:00am

Money & Banking

Dollar retreats as risk appetite returns at year-end

The US dollar weakened across the board on Friday as optimism about the outlook for a US-China trade deal lifted investors' appetite for risk, sapping safe-haven demand for the greenback, in light end-year trading.

Published 29 Dec, 2019 12:00am

Money & Banking

Latam FX on pace to end festive week higher

An index of Latin American currencies was on pace for its fourth straight weekly rise on Friday as hopes that United States and China would soon sign a trade deal, and increasing confidence in global economic health continued to bolster risky assets.

Published 29 Dec, 2019 12:00am

Money & Banking

Kenyan shilling forecast to remain stable amid thin demand

The Kenyan shilling was firm on Friday and was forecast to remain stable supported by dollar supply from remittances amid slow market activity, traders said. At 0851 GMT, commercial banks quoted the shilling at 100.80/101.00 the same as Tuesday's close. M

Published 29 Dec, 2019 12:00am

Money & Banking

Serbia's Central bank buys euros

Serbia's central bank bought an unspecified amount of euros on local interbank market on Friday to absorb appreciation pressures on the dinar currency, dealers said. The bank intervened as the dinar traded at 117.5 against the euro, the preferred foreign

Published 29 Dec, 2019 12:00am

Money & Banking

Few gains for central Europe's currencies in the coming year

Central Europe's main currencies will struggle to appreciate in the next year, with the Hungarian forint seen sticking near record lows and only the Czech crown expected to eke out small gains, a Reuters poll showed.

Published 29 Dec, 2019 12:00am

Money & Banking

Hard currency elusive in Havana as monetary reform looms

"I'm buying dollars, I'm buying euros," Roly, 28, whispers furtively to tourists outside a hotel in Havana. Roly, who declined to disclose his last name for fear of reprisals, works as a "mule", travelling abroad to buy goods to sell back in Communist-run

Published 29 Dec, 2019 12:00am

Stocks

Brazilian stocks to rise in 2020 after 2019's Latin American turmoil

Brazilian equities are expected to shine amid a fog of political and economic uncertainty in Latin America next year, outperforming regional peers due to record-low interest rates and a pending lineup of market-friendly economic reforms.

Published 29 Dec, 2019 12:00am

Stocks

S&P 500, Dow eke out records; Nasdaq win streak ends

The Nasdaq snapped an 11-day streak of gains on Friday after some late-session weakness, but the S&P 500 and the Dow scratched out record closing highs with slight gains as a year-end rally chugged along.

Published 29 Dec, 2019 12:00am

Stocks

China's technology stocks valuations soar as foreign investors pile in

Foreign investors are on their longest spell of buying Chinese stocks this year, increasing their bets on the mainland markets as Beijing and Washington prepare to resolve a long-running trade war.

Published 29 Dec, 2019 12:00am

Stocks

Direct listings will move nearer IPOs

A direct listing is "just an IPO without the O," says Barry McCarthy, finance chief of music-streaming outfit Spotify Technology. McCarthy's company, worth $26 billion in early December, used the non-standard method to go public in 2018, and $12 billion w

Published 29 Dec, 2019 12:00am

Stocks

Pulled IPOs cap subdued year for Canadian deals

The scrapping of a second Canadian IPO in as many months this week caps a year of declining activity, highlighting the challenges facing issuers as trade uncertainty and the growth of passive investing weigh on new offerings.

Published 29 Dec, 2019 12:00am

Lebanese protest at new PM's home

Dozens of protesters gathered outside the Beirut home of Lebanon's new prime minister on Saturday, calling for Hassan Diab's resignation less than 10 days after he was appointed. Lebanon is without a cabinet and in the grips of a deepening economic crisis

Published 29 Dec, 2019 12:00am

French government offers concessions to striking dancers of Paris Opera

With France gripped by strike action crippling the transport system in a dispute over pensions reform, news emerged Saturday of the latest government concessions - to striking ballet dancers at the Paris Opera.

Published 29 Dec, 2019 12:00am

Global Business Economy

As crisis hits, Lebanese businesses fight for survival

After decades of hard work, self-made Lebanese chocolatier Roger Zakhour thought he would finally be able to pass a successful business to his daughter. But then the economic crisis hit. Instead of reaping profits this Christmas, he and his 29-year-old da

Published 29 Dec, 2019 12:00am

Global Business Economy

Venezuela's economic crisis a boon for traditional liquor

Venezuela's traditional cocuy liquor is making a comeback due to the country's punishing economic crisis, which has put rum, whiskey and even beer financially out of reach for many.

Published 29 Dec, 2019 12:00am

Algeria's new PM pledges to regain trust

Algeria's new president on Saturday named as his prime minister an academic turned political insider who vowed to work to win back people's trust after months of street protests. Abdelmadjid Tebboune, elected this month to succeed ousted president Abdelaz

Published 29 Dec, 2019 12:00am

UAE denies developing popular Mideast app as spy tool

The United Arab Emirates on Saturday denied reports that a popular mobile application developed in the country was used for government spying. Apple and Google removed the ToTok app from their marketplaces last week following a report claiming it allowed

Published 29 Dec, 2019 12:00am

Kazakhstan observes day of mourning after fatal jet crash

Kazakhstan observed a national day of mourning on Saturday after 12 people died when an airliner crashed shortly after takeoff and slammed into a house. Witnesses spoke of the terrified screams of passengers as the plane came down on the edge of the count

Published 29 Dec, 2019 12:00am

Thai Navy SEAL dies after yearlong infection after cave rescue

A Thai Navy SEAL who aided with the rescue of a youth football team trapped in a flooded cave last year has died from an infection he contracted during the dramatic recovery mission.

Published 29 Dec, 2019 12:00am

Sudan, rebels agree plan to end conflict in Darfur

The Sudanese government and nine rebel groups on Saturday signed an agreement on a roadmap towards ending the bloody conflict in the Darfur region. The deal outlines different issues the parties will need to negotiate during the latest round of talks in J

Published 29 Dec, 2019 12:00am

Hong Kong police arrest 15 in fresh shopping mall protests

Hong Kong riot police arrested at least 15 people in clashes Saturday with dozens of pro-democracy protestors who targeted a mall near the border with China to demonstrate against mainland tourists and shoppers.

Published 29 Dec, 2019 12:00am

Two German girls among three killed in Italy avalanche

An avalanche on Saturday killed a 35-year-old woman and two girls, one of them aged seven, in the Italian Alps near the border with Austria, media reported. All three victims were German nationals.

Published 29 Dec, 2019 12:00am

Disabled Syrian refugee sues Greece over pursuit injuries

A Syrian refugee disabled after being shot in a Greek coastguard pursuit in 2014 is demanding 100,000 euros ($111,000) in damages from the Greek state, a report said Saturday.

Published 29 Dec, 2019 12:00am

Telecommunication

Call connection time: only Ufone and SCO following benchmark: PTA

Only Ufone and Special Communications Organization (SCO) are following the benchmark of call connection time of 6.5 seconds, said Pakistan Telecommunication Authority (PTA).

Published 29 Dec, 2019 12:00am

Ex-company secretary of Apex Printry passes away

M. Mohsin Ahmed, Ex-Company Secretary Apex Printry (Pvt) Ltd. passed away on 27th December, 2019. Born on 06th August 1932, he joined the Apex Printry (Pvt) Ltd on 07th October 1992. He is survived by wife, two daughters and a son.

Published 29 Dec, 2019 12:00am

Prices of essential kitchen items witness upward trend

Prices of the essential kitchen items witnessed an increasing trend during this week as compared to previous week, a survey conducted by Business Recorder revealed here on Saturday.

Published 29 Dec, 2019 12:00am

OUP launches new book on the East Pakistan debacle

Oxford University Press (OUP) launched an important book titled Blood over Different Shades of Green-East Pakistan 1971: History Revisited. The publication has been authored by Ikram Sehgal and Bettina Robotka. The event hosted in Karachi was well attende

Published 29 Dec, 2019 12:00am

Government to facilitate global investors in health sector: Bukhari

The government is committed to provide across the board facilitation to global investors in health sector. This was stated by Special Assistant to Prime Minister on Overseas Pakistanis Zulfiqar Abbas Bukhari while addressing the 10th International Medical

Published 29 Dec, 2019 12:00am

112Th Midshipmen, 21st SSC course commissioning parade held at PN Academy

The 112th Midshipmen and 21st Short Service Commission (SSC) Course Commissioning Parade held here Saturday at Pakistan Naval Academy PNS Rahbar.

Published 29 Dec, 2019 12:00am

Over 7,184 awarded degrees at KU convocation

The University of Karachi awarded 7,184 degrees to the students of morning and evening shifts in various disciplines in 2019 of which 2,033 students received their degrees in the 30th Convocation which was held at the Valika Cricket Ground on Saturday.

Published 29 Dec, 2019 12:00am

FPCCI chief defers AGM for one week

President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Engr Daroo Khan has adjourned Annual General Meeting (AGM) for one week. According to informed sources at the meeting Secretary General FPCCI Dr Iqbal Thaheem pointed out about sh

Published 29 Dec, 2019 12:00am

Cotton & Textile

July-November 2019: import of warm apparels up by one percent

Pakistan imported warm clothing by 1 percent more to $70.634 million in July-Nov 2019, official figures say. Increase now comes to the tune of a $664,000 in July-Nov 2019 from $69.970 million in July-Nov 2018, Pakistan Bureau of Statistics shows.

Published 29 Dec, 2019 12:00am

NAB team raids Fazaia Housing Scheme office, seizes record

Acting upon the complaints of the affecttees of Fazaia Housing Scheme scam, the National Accountability Bureau (NAB) team on Saturday raided the marketing office of the scheme and arrested two men named Bilal and Tanveer. The team of anti-graft watchdog w

Published 29 Dec, 2019 12:00am

'Uplift scheme to be approved by PDWP'

A development scheme having a subsidy or foreign aid element would be brought to the Provincial Development Working Party (PDWP) for approval irrespective of its cost, the Sindh Delegation of Financial Powers and Financial Control Rules 2019 indicated.

Published 29 Dec, 2019 12:00am

Taxes

SCA barred from sharing vehicles' data

The Excise department has warned Safe City Authority (SCA) of not sharing data of vehicles without its prior approval. In a letter, it has criticized the Safe City Authority for sharing of vehicles' data with the Federal Board of Revenue without its permi

Published 29 Dec, 2019 12:00am

LCCI felicitates Anjum Nisar on becoming FPCCI chief

The Lahore Chamber of Commerce and Industry (LCCI) on Saturday felicitated Mian Anjum Nisar for a landmark victory in the elections of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and expressed optimism that economic revival of the c

Published 29 Dec, 2019 12:00am

Telecommunication

Thuraya signs service partnership with Rockville Technologies

Thuraya Telecommunications Company, a subsidiary of the Al Yah Satellite Communications Company (Yahsat), on Saturday announced that it has signed a service partner agreement with Rockville Technologies, one of the leading system integrators and IoT/M2M s

Published 29 Dec, 2019 12:00am

Buzdar lays foundation stone of Mian Chunnu link road

Laying the foundation stone of project of link road in Mian Chunnu, Punjab Chief Minister Sardar Usman Buzdar Saturday said the PTI government has launched a programme 'Naya Pakistan Manzilain Aasan' for strengthening the rural economy of the province.

Published 29 Dec, 2019 12:00am

Punjab varsity produces 243 PhDs in one year: VC

Punjab Governor Chaudhry Muhammad Sarwar has said that the West should learn from Pakistan how to fight terrorism as it has defeated terrorists with the valour and unprecedented sacrifices of Pakistan Army, law enforcement agencies and Pakistani nation. H

Published 29 Dec, 2019 12:00am

2020 to be year of prosperity: Firdous

Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan Saturday said that year 2020 will be the year of development and prosperity of masses. In a tweet, Dr Firdous Awan said the people of Pakistan have buried the po

Published 29 Dec, 2019 12:00am

Pollution-free environment: private labs agree to develop code of conduct

Environmental Laboratories working in the private sector in Punjab have agreed to develop a code of conduct which could ensure smooth functioning and discourage wrong practices by certain labs leading towards a pollution-free environment in the province.

Published 29 Dec, 2019 12:00am

NAB recovers Rs 29930.401 million from corrupt elements

National Accountability Bureau (NAB), Lahore has managed recoveries of Rs 29930.401 million from corrupt elements during 2019. Out of this amount Rs 2781.401 million were recovered as direct recovery while Rs 27149 million have been recovered as indirect

Published 29 Dec, 2019 12:00am

Officers urged to highlight welfare-oriented projects through media

Secretary Information and Labour Sindh, Abdul Rasheed Solangi stressed upon the officers of Information department to highlight the people-welfare projects of the government through media so that people could get the maximum benefits of these projects.

Published 29 Dec, 2019 12:00am

Kuala Lumpur-Islamabad: PIA announces special flight for expatriates on December 31

PIA announced special flight from Kuala Lumpur on December 31 to bring back Pakistani expats from Malaysia who were released due to PM Imran Khan's special efforts. According to details, Pakistan International Airlines (PIA) flight PK-9895 will take off a

Published 29 Dec, 2019 12:00am

NAB Ordinance issued to protect PM's aides, opine legal wizards

The top legal wizards Saturday said that recently promulgated National Accountability Bureau (Amendment) Ordinance 2019 is 'discriminatory and aims at protecting Prime Minister Imran Khan's aides involved in corrupt practices.

Published 29 Dec, 2019 12:00am

Chohan slams opposition for criticising NAB Ordinance

Punjab Information Minister Fayyaz ul Hassan Chohan on Saturday lamented the opposition parties for criticizing the recently promulgated National Accountability Bureau (NAB) ordinance and said that he was unable to understand their criticism on it.

Published 29 Dec, 2019 12:00am

PML-N, PPP reject NAB Ordinance 2019

The two mainstream opposition parties - Pakistan Muslim League-Nawaz (PML-N) and Pakistan Peoples Party (PPP)- have rejected the National Accountability Bureau (Amendment) Ordinance 2019, saying the ordinance has been promulgated to save the skin of 'blue

Published 29 Dec, 2019 12:00am

PTI government allocates record funds for uplift of tribal districts: PM

Prime Minister Imran Khan Saturday said the incumbent government of Pakistan Tehreek-e-Insaf had allocated record funds for the development of the tribal districts and it was a great success of the government to take forward tribal areas' merger process.

Published 29 Dec, 2019 12:00am

Clear vindication of Two-nation theory

The Quaid-i-Azam was authentic in 1928, when he rejected the Nehru Report for its failure to meet commitments made to undivided India's Muslims in 1916, as today Muslims are being lynched and rendered stateless in India managed. The Quaid had foreseen Mus

Updated 30 Dec, 2019 06:45am

Dealing with smog challenge

As air quality, especially in Lahore, remains at hazardous levels the PML-Q, a coalition partner of the ruling PTI - organized a party conference on "Clean, Transparent and Green Punjab". In his address to the conference on Friday Punjab Assembly Speaker

Updated 30 Dec, 2019 06:36am

Articles

Dealing with the energy mess

I have been saying for long that the energy sector mess alone can drag the economy down to abyss. The IMF in its latest review is giving a similar picture. The circular debt in the energy chain increased from Rs465 billion in 2013 to Rs1.7 trillion.

Updated 29 Dec, 2019 08:45am

Articles

India's protests: why now?

Mumbai-based copywriter Sarah Syed says she was long alarmed by the Hindu nationalist direction of India under Prime Minister Narendra Modi but felt powerless to stop it - until now. Like many others taking part in the current wave of protests, the final

Published 29 Dec, 2019 12:00am

Articles

Survivors tell of France's 'dirty war' in Cameroon independence

It was a "dirty war" waged by French colonial troops but it never made headlines and even today goes untold in school history books. The brutal conflict unfolded in Cameroon, which on January 1 marks its 60th anniversary of independence - the first of 17

Published 29 Dec, 2019 12:00am

Letters

Policy pitfalls - II

National Savings receives funds from domestic savers in DSCs and Behbud funds on special rates of profits for retired, widowed and senior citizens and RIC investment account on normal rate of interest in finance ministry have vision to attract more and mo

Published 29 Dec, 2019 12:00am

Industrial sector: RLNG supply to be restored on Tuesday

It has been decided to restore RLNG supply to industrial sector from Tuesday, December 31, 2019. This decision has been taken because of resumption in gas supplies from MOL gas field as well as increased RLNG supplies.

Published 29 Dec, 2019 12:00am

OIC decides to convene special meeting on Kashmir

Saudi Arabia on Saturday vowed to convene a special meeting of the foreign ministers of member states of the Organisation of Islamic Conference (OIC) on the ongoing atrocities in occupied Kashmir in Islamabad.

Published 29 Dec, 2019 12:00am

China to switch benchmark for floating-rate loans to lower funding costs

China's central bank will use the loan prime rate (LPR) as a new benchmark for pricing existing floating-rate loans, in a step that analysts say could help lower borrowing costs and underpin economic growth.

Published 29 Dec, 2019 12:00am

Scores in Turkey protest Russia over Idlib assault

Several hundred Turkish and Syrian protesters held an anti-Russia demonstration in Istanbul on Saturday against intensified Russian and regime bombardment in Syria's rebel bastion of Idlib.

Published 29 Dec, 2019 12:00am

Establishment of special trial court: Full LHC bench to hear Musharraf's plea on January 9

A full bench of the Lahore High Court would proceed with a petition of Gen Pervez Musharraf (retd) on January 9. His petition challenges the establishment of the special trial court for disposal of high treason case against him.

Published 29 Dec, 2019 12:00am

Ukraine rivals to swap prisoners Sunday

Ukrainian authorities and pro-Russian separatists in the war-torn east of the country are expected to swap dozens of prisoners in a frontline operation on Sunday. Both sides had said earlier this month they would carry out a prisoner exchange by the end o

Published 29 Dec, 2019 12:00am

SECP chief delineates digitalization roadmap for startups

Securities and Exchange Commission of Pakistan (SECP) Chairman Aamir Khan Saturday shared the roadmap for SECP's end-to-end digitalization for encouraging new startups and investors through improved access to finance, ease of doing business, reducing cost

Published 29 Dec, 2019 12:00am

Indian police officer tells protesters to 'go to Pakistan'

A senior police officer in India's Uttar Pradesh state has been caught on camera telling residents protesting the country's new citizenship law to "go to Pakistan", Indian Express reported on Saturday.

Published 29 Dec, 2019 12:00am

Law ministry notifies NAB (Amend) Ord 2019

The Ministry of Law has issued a notification on Saturday after the approval of the NAB Amendment Ordinance 2019. Earlier, the Supreme Court of Pakistan received an application against the National Accountability (Amendment) Ordinance, 2019, promulgated b

Published 29 Dec, 2019 12:00am

Opposition rejects amended law

Rejecting the Presidential Ordinance on National Accountability Bureau (NAB) law by the Pakistan Tehreek-e-Insaf (PTI) government, the opposition's Rahbar Committee on Saturday asked the government to bring all the legislation related matters to the Parli

Published 29 Dec, 2019 12:00am

SECMC: CDB likely to issue CP clarification letter tomorrow

China Development Bank (CDB) is likely to issue Condition Precedent (CP) clarification letter in favour of Sindh Engro Coal Mining Company (SECMC) on Monday (tomorrow) meant to ensure its financial close by December 31, 2019 and enactment of its already a

Published 29 Dec, 2019 12:00am

China slashes red tape for IPOs

Chinese lawmakers agreed Saturday to slash red tape for initial public offerings, approving an amendment to the country's securities law that also aims to better protect investors and prevent insider trading.

Published 29 Dec, 2019 12:00am

SBP abolishes fee on payment of govt taxes via ADCs, OTC

The State Bank of Pakistan (SBP) has announced that the fee on payment of government taxes and duties through Alternate Delivery Channels (ADCs) and Over-the-Counter (OTC) will be abolished from January 1, 2020. Presently, taxpayers pay Rs10 to Rs50 per t

Published 29 Dec, 2019 12:00am

Taliban kill 10 Afghan soldiers in attack on base

Ten Afghan soldiers were killed in a Taliban attack on a military base in the southern province of Helmand on Saturday, officials said. The Taliban dug a tunnel into the base in volatile Sangin district and then blew it up before their fighters could atta

Published 29 Dec, 2019 12:00am

Truck bomb kills at least 90 in Mogadishu

At least 90 people were killed when a bomb-laden truck exploded at a busy checkpoint in the Somali capital Mogadishu on Saturday, an international organisation working in the country said, in the deadliest attack in more than two years.

Published 29 Dec, 2019 12:00am

PM says government facing resistance to reforms

The Prime Minister Imran Khan Saturday again expressed his resolve to eliminate the status quo resisting the reforms being introduced in different sectors of the country and said they would face all resistance and pressures of corrupt mafia who had been t

Published 29 Dec, 2019 12:00am

Creating jobs in erstwhile FATA areas among top priorities: PM

Prime Minister Imran Khan on Saturday said creating new job opportunities for youths in the merged areas of Khyber Pakhtunkhwa is among top priorities of government.

Published 29 Dec, 2019 12:00am

Minhajul Quran International director calls on Punjab Assembly speaker

Minhajul Quran International Director Foreign Affairs G M Malik called on Punjab Assembly Speaker Chaudhary Parvez Elahi here on Saturday and presented him gift of eight volumes Quranic encyclopedia of Shaikhul Islam Dr Muhammad Tahirul Qadri.

Published 29 Dec, 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
Petrol/Litre / May 13	252.63
Crude Oil USD/Barrel / May 13	61.90
Gold Spot USD/Ounce / May 13	3,253.26
Diesel/Litre / May 13	256.64
Cotton US¢/pound / May 13	66.85

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

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular