News Archives for Print - 2020-01-11

Print - 2020-01-11

6 killed as van, rickshaw erupt in flames

Six people were killed and five injured as a Suzuki hi-roof and rickshaw caught fire near the Powerhouse Chowrangi, on Friday, Aaj News reported. A woman and four children were among the six people who died when the hi-roof and the rickshaw caught fire, a

Published 11 Jan, 2020 12:00am

Combined income groups: SPI inflation up 0.36 percent WoW

The Sensitive Price Index (SPI) inflation for combined income groups has witnessed an increase of 0.36 percent during the week ended on January 9, 2020 against the preceding week ended January 2, 2020, as it jumped up from 131.84 points to 132.32 points.

Published 11 Jan, 2020 12:00am

Government urged to review PPAs with IPPs

A high-level nine member inter-departmental probe committee, including a representative from Inter Services Intelligence (ISI), in its preliminary report has recommended the government review Power Purchase Agreements (PPAs) with the Independent Power Pro

Published 11 Jan, 2020 12:00am

DSP among 15 martyred in Quetta mosque bombing

A suicide bomber targeted a mosque in Quetta during evening prayers Friday, martyring at least 15 people and wounding 19 others, officials said. The blast took place in a satellite town of Quetta. Debris and shattered glass littered the scene.

Published 11 Jan, 2020 12:00am

CNIC condition on sales at retail stage: FBR to hold meeting with traders on 22nd

Federal Board of Revenue (FBR) is planning to implement the condition of Computerized National Identity Card (CNIC) on sales at the retail stage from February 1, 2020, sources said. A meeting of traders' representatives and senior officers of FBR will be

Published 11 Jan, 2020 12:00am

Azakhel dry port inaugurated: PM says railways in bad condition

Prime Minister Imran Khan while addressing the inaugural ceremony of the Azakhel Dry Port in Nowshera district on Friday said that this dry port will boost trade and generate more employment opportunities. He said the government is trying to turn the Paki

Published 11 Jan, 2020 12:00am

Banks sign deal to revive sick industrial units

In a major development towards industrialisation, some 10 banks on Friday signed agreement to establish Pakistan Corporate Restructuring Company Limited (PCRCL) for revival of sick industrial units. According to State Bank of Pakistan (SBP), banking indus

Published 11 Jan, 2020 12:00am

Meeting with PC team: Murad supports power plants' and banks' sell-off

Sindh Chief Minister Syed Murad Ali Shah, in a meeting with a seven-member delegation of the Privatization Commission of Pakistan led by Federal Minister for Privatization, Muhammadmian Soomro, said that his government was supporting two RLNG power projec

Published 11 Jan, 2020 12:00am

Stocks

Bull-run continues on PSX: BRIndex100 consolidates gains

Pakistan Stock Exchange (PSX) Friday continued upward march on the back of bull-run in global equities. BRIndex100 opened at 4,460.99. It touched intraday high of 4,549.00 and intraday Low of 4,460.67 to close at 4,542.08 which was 81.09 points or 1.82 pe

Published 11 Jan, 2020 12:00am

Freedom of movement key to post-Brexit trade deal: EU chief

Britain cannot hope to get frictionless trade with the EU post-Brexit without ensuring freedom of movement of Europeans, European Commission President Ursula von der Leyen said Friday. "If there is no freedom of movement of people of course there can be n

Published 11 Jan, 2020 12:00am

US House votes to curb Trump war power on Iran

US lawmakers concerned about rushing to war with Iran adopted a measure Thursday aimed at reining in President Donald Trump's ability to take military action against the Islamic republic. The resolution was introduced by Democrats after Trump's order to k

Published 11 Jan, 2020 12:00am

US sanctions metals producers, mining companies

The United States piled new sanctions on Iran's already crippled economy Friday and defended the killing of a top Iranian leader, saying he had been planning an "imminent" attack on US embassies.

Published 11 Jan, 2020 12:00am

Qureshi to leave for Tehran tomorrow

Foreign Minister Shah Mehmood Qureshi will leave for Tehran on January 12, Riyadh on January 13 and Washington, most probably, on January 15-16 to pursue Pakistan's quest for peace in the Middle East following rising tension between the US and Iran.

Published 11 Jan, 2020 12:00am

Sindh to face gas load-shedding for 2 years: PD

Petroleum Division has stated that Sindh will face gas load shedding for two years even if the province's interpretation of Article 158 of the Constitution is applied.

Published 11 Jan, 2020 12:00am

Iran denies missile downed Ukrainian plane

Iran's civil aviation chief denied Friday that a missile downed a Ukrainian airliner which crashed killing all 176 on board, dismissing Western claims of a catastrophic mistake by Tehran's air defences. Ukraine said its experts had gained access to the bl

Published 11 Jan, 2020 12:00am

Musharraf's trial violative of Article 10-A of Constitution, LHC told

The Lahore High Court was told on Friday that the trial of Gen Pervez Musharraf (retd) in absentia by a special court was violative of Article 10-A of the Constitution.

Published 11 Jan, 2020 12:00am

PSM offers services of employees to governments

Pakistan Steel Mills (PSM) has offered the services of hundreds of its employees on deputation to the Federal and Provincial Governments and their attached departments, sources close to Chairman PSM told Business Recorder.

Published 11 Jan, 2020 12:00am

Amnesty scheme: ATIR bench for amending 2018 ordinance

A division bench of the Appellate Tribunal Inland Revenue (ATIR) has asked the Chairman of the Federal Board of Revenue (FBR) to amend Voluntary Declaration of Domestic Assets Ordinance, 2018 to resolve fundamental matters in the amnesty scheme, protect t

Published 11 Jan, 2020 12:00am

Fraudster jailed for selling duff scanners to British navy

A man who sold useless underwater scanning technology to Britain's Ministry of Defence (MoD) in a planned fraud was jailed for three years and four months on Friday. Company boss Carl Tiltman, 56, used fake test results to trick the Royal Navy about its c

Published 11 Jan, 2020 12:00am

Letters

'Commercializing Pakistan Railways'

When will this happen? Business Recorder op-ed writer Dr Omer Javed in his two-part series of articles titled "Commercializing Pakistan Railways" has sought to draw government's attention to a solution that he expertly presents for white elephant P

Published 11 Jan, 2020 12:00am

Articles

River people: Life along Asia's key waterways

From the flood-ravaged banks of the Brahmaputra to the disappearing wetlands of the Mekong, Asia's main waterways - and the people that live along them - are fighting for survival. Climate change, international politics, spiralling population growth, and

Published 11 Jan, 2020 12:00am

Articles

Perils of life outside royal fold for Harry and Megan

Prince Harry and his wife Megan will attempt to go their own way in a bid for financial independence, with one foot in and one out of the British royal family. But recent royals who have left the fold or tried to forge an independent life outside the mona

Updated 14 Jan, 2020 04:38am

Articles

Uncertain

At the end of the day, despite all our technological advances, we sure live in a messed up, uncertain world. Considering what happened yesterday (in the context of when the article is written and not when it is published), following which everyone is hopi

Updated 13 Jan, 2020 07:23am

Articles

India in trouble

An economic downturn, if not meltdown, appears inevitable in India. India's economy is witnessing degradation in many sectors. India seems to have come full circle. It was in 1991 that India faced a severe financial crisis on account of balance of payment

Updated 13 Jan, 2020 08:04am

CII's appraisal of NAB law

Founded in 1962, the Council of Islamic Ideology (CII) is a constitutional body; it gives legal advice on Islamic issues to the government and parliament. It gives advice to them as to whether a proposed law is or is not repugnant to the injunctions of Is

Updated 11 Jan, 2020 07:40am

Minutes of meetings

It seems that State Bank of Pakistan (SBP), as a regulatory and supervisory body of the financial institutions in Pakistan, is not satisfied with the current system of recording of minutes of Boards of Directors (BoDs) and general meetings. According to a

Updated 11 Jan, 2020 07:40am

Anti-polio drive to begin in KP on January 13

The three-day special anti-polio drive will be kicked off in eight districts of the province from January 13, 2020 wherein more than 2.1 million children under five will be administered oral polio vaccine (OPV). This was decided in a high-level meeting he

Published 11 Jan, 2020 12:00am

Senate adopts federal government employees housing authority bill, 2019

The Upper House of the Parliament on Friday passed a key government bill namely 'The Federal Government Employees Housing Authority Bill, 2019,' which aims at "planning and development of housing schemes for serving and retired federal government employee

Published 11 Jan, 2020 12:00am

Senate body for strict monitoring of borders

The Senate Standing Committee on Overseas Pakistanis and Human Resource Development on Friday stressed for stringent checks on all borders, especially the Iran-Pakistan border that is most vulnerable due to its porous nature.

Published 11 Jan, 2020 12:00am

IT & Computers

Conventional warfare replaced with cyber warfare, warns MoITT

Federal Secretary for Ministry of Information Technology and Telecommunication (MoITT) Shoaib Ahmad Siddiqui has said that conventional warfare has been replaced with cyber warfare and it brings a collective responsibility towards government officials to

Published 11 Jan, 2020 12:00am

Blast at CNG station kills two in Peshawar

A woman and a minor girl were killed while three others were severely wounded as blast occurred in a car during Compressed Natural Gas (CNG) filling process in Peshawar on Friday.

Published 11 Jan, 2020 12:00am

Qureshi holds telephonic talks with Iraqi, Bahraini counterparts

Foreign Minister Shah Mehmood Qureshi on Friday continued diplomatic outreach to regional countries by holding telephonic conversations with his Iraqi and Bahraini counterparts and agreed to work jointly for restoration of regional peace in the wake of th

Published 11 Jan, 2020 12:00am

Lawmakers reject Fawad's criticism against CII

The lawmakers from both opposition and treasury on Friday seemed wholly unconvinced about Minister for Science and Technology Fawad Chaudhry's criticism on Council of Islamic Ideology (CII).

Published 11 Jan, 2020 12:00am

Sana slams government for implicating him in 'false' case

Pakistan Muslim League-Nawaz (PML-N) leader Rana Sanaullah on Friday lashed out at the government for implicating him in a "false" drug case and sought constitution of a fact-finding judicial commission to investigate the case filed against him by the Ant

Published 11 Jan, 2020 12:00am

Czech embassy to inform investors about Pakistan: envoy

The Ambassador of Czech Republic Tomas Smetanka has assured business community that Czech Embassy would try its best and strive hard to provide as accurate information about Pakistan as they can to the Czech businesses, investors and anyone who might have

Published 11 Jan, 2020 12:00am

83 percent of global exports liberalised in CPFTA-II: Commerce ministry

Pakistan projects $3.2 billion exports growth in case of minimum 5 percent realisation of the free market access of 313 Pakistan's high priority tariff lines given by China under the Phase-II of China Pakistan Free Trade Agreement (CPFTA-II) which has bee

Published 11 Jan, 2020 12:00am

Energy

Commercial consumers: Concession bills cause Rs 13.5 million loss to Lesco

The Lahore Electric Supply Company (LESCO) has suffered a loss of Rs 13.5 million for offering concessions in commercial bills of electricity, said sources. They said the officials in McLeod Road division exceeded to their powers by offering electricity o

Published 11 Jan, 2020 12:00am

Gold further down by Rs 1,000 per tola

Gold prices Friday went down further by Rs 1,000 per tola to Rs89,500 on the local market, traders said. The price of yellow metal reduced to Rs76,732 per 10 grams down by Rs858 while gold international value was quoted $1,545 an ounce. Silver was traded

Published 11 Jan, 2020 12:00am

14th edition of Pakistan Lifestyle Furniture Expo begins

The 14th edition of Pakistan Lifestyle Furniture Expo was inaugurated at Karachi here on Friday. This three-day event is being held at Expo Centre.

Published 11 Jan, 2020 12:00am

Punjab government to ensure transparency through e-tendering

The Punjab government is set to introduce e-tendering soon in order to ensure transparency in the process of procurement, said sources. They said Chief Secretary Punjab has directed the communications department to act upon it at the earliest.

Published 11 Jan, 2020 12:00am

231 exhibitors participate in Heimtextil expo in Germany

Some 231 exhibitors from Pakistan participated in the Heimtextil Frankfurt, Germany held from 07 to 10 January, 2020. The 50th Anniversary edition presented more sustainable products than ever before and provided inspiration for trade and industry exhibit

Published 11 Jan, 2020 12:00am

PPP accuses PTI of creating gas shortage in Sindh

Sindh Minister for Information and Labour Saeed Ghani has said that the shortage of gas in Sindh was not due to the shortfall of gas in the country, but it was owing to the incompetence, lack of planning and failure of the federal government of Pakistan T

Published 11 Jan, 2020 12:00am

Minister inaugurates paperless HRMIS

The Water and Sanitation Agency (Wasa) Lahore adopted paperless Human Resource Management Information System (HRMIS), which was inaugurated by Punjab Housing Minister Mian Mehmood-ur-Rasheed here on Friday.

Published 11 Jan, 2020 12:00am

PPAF wins GDIB Award for fourth consecutive year

Pakistan Poverty Alleviation Fund has added another feather onto its cap by winning the prestigious Global Diversity and Inclusion Benchmarks Award (GDIB) for the fourth consecutive year.

Published 11 Jan, 2020 12:00am

Productive economic activities: FWCCI for involving half of female population

Faisalabad Women Chamber of Commerce & Industry (FWCCI) is making strenuous efforts to involve half of female population in productive economic activities in order to make Pakistan a progressive and prosperous country, said President Miss Qurrat-ul-Ain.

Published 11 Jan, 2020 12:00am

MPAs demand implementation of Punjab free compulsory education Act 2014

Members of the Punjab Assembly on Friday demanded that Punjab free and compulsory education Act 2014 should be implemented in letter and spirit. The act has yet to be notified under section A Sub section -III.

Published 11 Jan, 2020 12:00am

Elahi wants re-organization of PML-Q

The Secretary General PML-Q Senator Kamil Ali Agha and Senior Vice-President Punjab Ch Salim Baryaar called on Speaker Punjab Assembly and President Pakistan Muslim League (PML) Punjab Ch Parvez Elahi at his residence here on Friday and exchanged views ab

Published 11 Jan, 2020 12:00am

Welfare of industrial workers top priority: minister

Punjab Labour and Human Resource Minister Ansar Majeed Khan have said that the welfare of industrial workers and uplifting their living standard is among the top priorities of the Punjab government.

Published 11 Jan, 2020 12:00am

Commodities

KBP for immediate start of cane crushing

Kissan Board Pakistan (KBP) has urged the government to order the immediate start of cane crushing season besides ensuring procurement of sugarcane at the government announced a rate of Rs 190 per maund.

Published 11 Jan, 2020 12:00am

PARC, MCI join hands to produce high quality honey

Pakistan Agriculture Research Council (PARC) and Metropolitan Corporation, Islamabad (MCI) here on Friday signed a Memorandum of Understanding (MoU) to join hands for production of high quality honey from Margallah Hills.

Published 11 Jan, 2020 12:00am

Health sector's budget raised by 27 percent: Buzdar

Chief Minister Punjab Sardar Usman Buzdar on Friday said that 27 percent increase has been made in the health sector budget apart from starting several health projects in far-flung areas of the province.

Published 11 Jan, 2020 12:00am

LCCI concerned at goods transporters' continuing strike

Cargo supplies remained suspended across the country on Friday, as goods transporters' strike continued on a fifth consecutive day causing hardship for the laborers associated with this segment of business.

Published 11 Jan, 2020 12:00am

Stocks

SECP releases list of 59 research entities/individual analysts

The Securities and Exchange Commission of Pakistan (SECP) Friday released a list of 59 renowned research entities/individual research analysts performing functions under the Research Analysts Regulations, mostly engaged in preparations of reports on secur

Published 11 Jan, 2020 12:00am

Energy

Government generates Rs 229 billion additional revenue from Discos

Federal Secretary Power Division Irfan Ali has said that the government has generated Rs 229 billion additional revenue from electricity distribution companies (DISCOs) from October 2018 to October 2019.

Published 11 Jan, 2020 12:00am

'Zainab Alert' and five other bills adopted by NA

The National Assembly has passed 'The Zainab Alert, Response and Recovery Bill, 2020' to curb criminal activities against children in Islamabad Capital Territory (ICT), besides five other bills, including four ordinances in the form of bills, which were w

Published 11 Jan, 2020 12:00am

Best of the Best Co award for Fauji Fertilizer

Prime Minister of Pakistan gave away award to Fauji Fertilizer Company (FFC) for being the Best of the Best Company of the country as announced by the Pakistan Stock Exchange (PSX) at a ceremony arranged by them at the Sindh Governor House, Karachi.

Published 11 Jan, 2020 12:00am

Fake accounts case: AC extends judicial remand of two accused

An Accountability Court hearing multibillion rupees fake bank accounts case on Friday extended judicial remand of two accused namely Tariq Ahsan, president Sindh Bank, and Bilal Sheikh, ex-president of Sindh Bank, till January 28.

Published 11 Jan, 2020 12:00am

Taxes

Market bodies to decide traders' ST registration: official

Commissioner Inland Revenue Tariq Arbab has informed the traders' community that the market committees have constituted and empowered to decide registration of traders under sales tax.

Published 11 Jan, 2020 12:00am

Amendments to FERA law aim to regulate forex regime: MoF

The Finance Ministry has stated that amendments to the Foreign Exchange Regulation (FERA) Act 1947 are being sought in order to enable the State Bank of Pakistan (SBP) to regulate the foreign exchange regime in the country more comprehensively.

Published 11 Jan, 2020 12:00am

Tayyaba Bibi torture case: SC sets aside IHC judgment to enhance sentence of former judge, spouse

The Supreme Court has set aside Islamabad High Court (IHC) judgment to enhance sentence from one year to three years of former judge of Islamabad and his spouse, who had been found guilty of torturing 10-year-old housemaid Tayyaba.

Published 11 Jan, 2020 12:00am

Stocks

SECP's 'One Stop Shop' to be extended to Balochistan

The Securities and Exchange Commission of Pakistan (SECP) will extend its One Stop Shop (OSS) facility for company registration to Balochistan and KPK. SECP Commissioner Shaukat Hussain, Commissioner (SECP) said this while speaking at the launching ceremo

Published 11 Jan, 2020 12:00am

Articles

Partly Facetious : She benefits a lot than she loses...

"There is something about being Son Number 2 that is kind of a challenge."

Updated 13 Jan, 2020 07:29am

Suu Kyi visits China border state as Xi visit looms

Myanmar leader Aung San Suu Kyi made a rare trip to a region bordering China days before President Xi Jinping is expected to push for controversial port and dam projects during a visit to the country.

Published 11 Jan, 2020 12:00am

Hundreds of rare turtles die on Mexican coast

Close to 300 rare green turtles have been found dead on the beaches of southern Mexico, killed by a red tide of microalgae caused in part by climate change, authorities said.

Published 11 Jan, 2020 12:00am

Spain names trade expert as foreign minister

Spain on Friday named Arancha Gonzalez Laya, an international trade expert, as foreign minister replacing Josep Borrell who last year became the EU's foreign policy chief.

Published 11 Jan, 2020 12:00am

Northern Ireland rivals back new power-sharing deal

Northern Ireland's rival parties on Friday said they would back a new power-sharing deal to revive its devolved government for the first time since 2017 and help the volatile province handle the pressures of Brexit.

Published 11 Jan, 2020 12:00am

Thousands of Iraqis rally against government, Iran and US

Thousands of Iraqis rallied across the country on Friday, reviving a months-long protest movement against the government and adding criticisms of both the US and Iran to their chants.

Published 11 Jan, 2020 12:00am

US rejects Iraq request to discuss troop withdrawal

The United States on Friday rejected a request by Iraq to start talks on pulling out its 5,200 troops, notching up the discord after Washington killed a top Iranian general in Baghdad.

Published 11 Jan, 2020 12:00am

European Parliament strip hailed Catalan MEP of seat

The European Parliament declared Friday that jailed Catalan separatist Oriol Junqueras is no longer an MEP, stripping him of the immunity his supporters hoped would see him freed. Junqueras was elected to the European parliament in May but his term "ended

Published 11 Jan, 2020 12:00am

Germany rejects Trump call to ditch Iran nuclear pact

Germany said Friday it still wanted "to save" the 2015 nuclear accord with Iran, rejecting US President Donald Trump's plea for Europeans to quit the hard-won pact. "Our goal is still to save the agreement because we remain convinced that it's the right i

Published 11 Jan, 2020 12:00am

Child dead after killing one in Mexico school shooting

A student at an elementary school in the northern Mexican city of Torreon shot and killed a teacher Friday and wounded five other pupils, and then apparently killed himself, authorities said.

Published 11 Jan, 2020 12:00am

Female presenter wins equal pay claim against BBC

A British female news presenter who was paid one sixth of the fee earned by a male presenter on a similar show won her discrimination case against the BBC on Friday.

Published 11 Jan, 2020 12:00am

Three die as Turkish fishing boat hits Russian tanker

Three people died after a Turkish fishing boat and a Russian-flagged tanker collided on Friday off Istanbul's northern coast, local media reported.

Published 11 Jan, 2020 12:00am

Kyrgyz journalist 'beaten for reporting on corruption'

A journalist in Kyrgyzstan was beaten and robbed in an attack he said on Friday was punishment for his reporting on corruption, and which drew condemnation from the United States. A police spokesman in the capital Bishkek told AFP that the crime, which sa

Published 11 Jan, 2020 12:00am

Money & Banking

Dollar wins reprieve in Asian trade

The dollar looked set to post its best week in two months on Friday, buoyed by easing Middle East tensions and upbeat US economic data. The greenback is 1.3% firmer on the yen for the week so far, and up 0.6% against a basket of currencies.

Published 11 Jan, 2020 12:00am

Money & Banking

Dollar set for best weekly gain in two months in Europe

The US dollar rose on Friday and is on track for its biggest weekly gain in two months as dissipating geopolitical tension prompted investors to buy riskier currencies, while the Japanese yen and the Swiss franc gave up all their recent gains. With the Un

Published 11 Jan, 2020 12:00am

Money & Banking

Early trade in New York: Dollar slips against safe-haven yen, Swiss franc

The US dollar fell from four-week highs against the safe-haven yen and slid versus the Swiss franc on Friday as investors fretted over possible renewed geopolitical tensions between the United States and Iran.

Published 11 Jan, 2020 12:00am

Money & Banking

Yen sinks to two-week low against dollar in New York

The safe-haven yen fell to two-week lows against the dollar on Thursday, as the United States and Iran moved away from an all-out conflict, prompting investors to take on more risk and shift focus to an upcoming US-China trade deal and a US non-farm payro

Published 11 Jan, 2020 12:00am

Money & Banking

Ireland, Slovenia, Portugal open 2020 bond ledger

Ireland, Slovenia and Portugal opened euro zone government bond deals for 2020 on Tuesday, with analysts expecting heightened geopolitical risk to mean new supply should be easily absorbed by investors keen to hold fixed income.

Published 11 Jan, 2020 12:00am

Money & Banking

Asian forex: Indonesian rupiah leads gainers

The Indonesian rupiah hit its highest levels in more than 18 months on Friday after the country's central bank said it will allow the currency to strength and as most Asian currencies rose on easing US-Iran tensions.

Published 11 Jan, 2020 12:00am

Money & Banking

Analysts see gains for Aussie; kiwi already riding high

Analysts barely changed their forecasts for the Australian and New Zealand dollars amid fading global trade uncertainty, as investors focus on an economic slowdown at home and radical policy easing risks.

Published 11 Jan, 2020 12:00am

Money & Banking

Sterling near two-week lows

The pound edged lower on Friday, holding near two-week lows against the dollar as a second policymaker joined Bank of England governor Mark Carney in signalling a potential rate cut.

Published 11 Jan, 2020 12:00am

Cricket

India clinch T20 series over Sri Lanka

Openers KL Rahul and Shikhar Dhawan smashed half-centuries as India thrashed Sri Lanka by 78 runs in the third Twenty20 international to clinch the series 2-0 on Friday.

Published 11 Jan, 2020 12:00am

Cricket

Warne's cap raises Aus$1 million for bushfire appeal

Cricket star Shane Warne's "baggy green" cap sold at auction for more than Aus$1 million (nearly $700,000) Friday, with all funds going to help victims of bushfires raging in Australia.

Published 11 Jan, 2020 12:00am

Other

Qatari Olympic showjumpers test positive for cannabis

Two members of Qatar's Tokyo Olympics showjumping team have tested positive for cannabis, the international equestrian federation (FEI) revealed on Friday.

Published 11 Jan, 2020 12:00am

Other

Omega official timekeeper of Youth Olympic Games

For the 6th time at the Youth Olympic Games, Omega is ready to fulfil its role as Official Timekeeper. Around 1,880 young athletes from 70 nations have arrived to compete in 81 winter events at Lausanne 2020, and the Swiss watchmaker will be there to time

Published 11 Jan, 2020 12:00am

Cricket

Triangular T200 Women's Cricket Championshi: Javeria, Anam help PCB Blasters to record win

Javeria Rauf and Anam Amin helped PCB Blasters to their second consecutive win in the National Triangular T20 Women's Cricket Championship on Friday, as their side secured a 12-run victory over PCB Challengers.

Published 11 Jan, 2020 12:00am

Other

Matloob, Munir take lead Rashid D Habib Memorial Golf

Last year's defending champion of Bank AL Habib's 9th Rashid D. Habib Memorial National Professional Golf Tournament- Matloob Ahmed seemed aggressive from his first tee-shot as the tournament continued on second day at Karachi Golf Club.

Published 11 Jan, 2020 12:00am

Cricket

Gayle wants five more years at least

West Indies batting star Chris Gayle has swatted away talk of his retirement from cricket soon, suggesting he wants to be at the crease for at least five more years.

Published 11 Jan, 2020 12:00am

Cricket

Pakistan team leaves with good wishes for U-19 Cricket World Cup

Pakistan national men's team extended best wishes to the Under-19 side upon their departure to South Africa for the participation in the ICC Under-19 Cricket World Cup.

Published 11 Jan, 2020 12:00am

Other

Kenya's former marathon record holder Kipsang banned for doping

Former world marathon record holder Wilson Kipsang was on Friday handed a provisional ban for doping by the Athletics Integrity Unit (AIU).

Published 11 Jan, 2020 12:00am

Other

Djokovic survives scare to send Serbia into ATP Cup semis

Novak Djokovic dropped his first set of the ATP Cup Friday in a titanic struggle with Canada's Denis Shapovalov, surviving a scare before rallying to guide Serbia into a semi-final against Russia.

Published 11 Jan, 2020 12:00am

Other

Spain scrape into ATP Cup semis despite Nadal defeat

Rafael Nadal suffered an upset singles loss but made amends in the doubles to keep Spain alive at the ATP Cup Friday, with Novak Djokovic also surviving a scare before rallying to guide Serbia into a semi-final against Russia.

Published 11 Jan, 2020 12:00am

Other

Barry's and Master Paints Black advance in HBL Polo Cup

The semifinalists of the HBL Pakistan Polo Cup 2020 were decided on penalty shootouts here at the Lahore Polo Club ground on Friday.

Published 11 Jan, 2020 12:00am

Global Business Economy

'Damning' Boeing emails say 737 MAX was 'designed by clowns'

Boeing employees bantered about whether the 737 MAX was safe to fly and joked that the aircraft was "designed by clowns who in turn are supervised by monkeys," according to emails released late Thursday.

Published 11 Jan, 2020 12:00am

California governor seeks $1.4 billion for homelessness crisis

California Governor Gavin Newsom is seeking $1.4 billion dollars from lawmakers to tackle the escalating homelessness crisis in his state and plans to use the money to open shelters, pay rent and provide health care, his office said.

Published 11 Jan, 2020 12:00am

IT & Computers

Infosys profits jump 23.5 percent

India's second-largest IT outsourcing firm Infosys on Friday announced a 23.5 percent jump in its quarterly net profits, beating estimates as it declared that an internal probe had found no evidence of misconduct by its top executives.

Published 11 Jan, 2020 12:00am

Global Business Economy

Talks fail to break French strike standoff

Talks aimed at ending France's longest transport strike failed to make headway on Friday as the government and union leaders lock horns over hotly-contested pension overhaul.

Published 11 Jan, 2020 12:00am

Global Business Economy

US job creation slows in December, wage gains cool

America's solid job creation continued in December but at a slower pace while wages cooled off, according to the closely-watched government report released Friday. But in the final year of a decade of growing employment, hiring in 2019 slowed notably from

Published 11 Jan, 2020 12:00am

Telecommunication

MTN says Nigeria withdraws $2 billion tax demand

Mobile giant MTN said Friday that Nigeria's attorney general had withdrawn a demand for around $2 billion in back taxes in the latest step towards resolving its legal woes with the authorities.

Published 11 Jan, 2020 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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