News Archives for Print - 2020-02-16

Print - 2020-02-16

Imran's 'chief of staff' Naeemul Haq dies

Naeem ul Haque, one of the senior most members of Pakistan Tehreek-i-Insaf (PTI), has passed away at the age of 70 in Karachi. He had been battling blood cancer for the last two years. A banker and businessman by trade and one of the co-founders of Pakist

Published 16 Feb, 2020 12:00am

'FATF week' begins today

A five-day session of the Financial Action Task Force (FATF) will begin today in Paris in which Pakistan's performance on the implementation of the global illicit financing watchdog's 27 action points to curb terror financing and money laundering will be

Published 16 Feb, 2020 12:00am

Wheat, sugar crises: PM acknowledges government's negligence

Terming the current Pakistan as the one originally envisioned, Prime Minister Imran Khan has expressed optimism that this country will be the destination where people will travel to find jobs. "I myself was not aware of the country's potential until I too

Published 16 Feb, 2020 12:00am

IMF's approach to diagnosing roots of crisis explained

Deputy director of International Monetary Fund (IMF) Athanasios Arvanitis has said that ongoing fiscal reforms will not only put Pakistan's public debt path on a sustainable footing but also build the foundation for providing crucial funding to meet the t

Published 16 Feb, 2020 12:00am

Antonio Guterres due today

United Nations Sec-retary General (UNSG) Ant-onio Guterres will arrive in Islamabad today to attend International Conference on Afghan refugees. During his four day stay, the UN Secretary General will call on the President and the Prime Minister. He will

Published 16 Feb, 2020 12:00am

700MW imported coal-fired plant: KE seeks notification of tariff determination

Karachi Electric (KE) has reportedly asked the Power Division for notification of tariff determination of 700MW imported coal-fired power plant, sources told Business Recorder. KE has written a number of letters to the federal government on differe

Published 16 Feb, 2020 12:00am

US, Europe clash over Washington's global retreat

US Secretary of State Mike Pompeo on Saturday traded barbs with European leaders over diminishing Western influence, rejecting as "grossly over-exaggerated" their claims that Washington had retreated from the global stage.

Published 16 Feb, 2020 12:00am

Nawaz's mother leaves for London

Former Prime Minister Nawaz Sharif's mother Shamim Bibi has left for London along with her daughter and son-in-law to enquire about the well being of the PML-N supremo. Shamim Bibi had been advised not to travel because of her advanced age and illness but

Published 16 Feb, 2020 12:00am

NAB raids Sharif family businesses

A team of the National Accountability Bureau (NAB) on Saturday raided business offices of the Sharif family in 55-K and 91-F at Model Town in search of evidence pertaining to cases involving money laundering and benami accounts by Sharif family.

Published 16 Feb, 2020 12:00am

First coronavirus death outside Asia as China toll leaps past 1,500

France reported the first fatality from the new coronavirus outside Asia on Saturday fuelling global concerns about the epidemic, as the death toll from the outbreak jumped past 1,500 in China. More than 66,000 people have now been infected in China from

Published 16 Feb, 2020 12:00am

FAO to develop roadmap for locust control

The Food and Agriculture Organisation (FAO) of the United Nations and the Ministry of National Food Security and Research (MNFS&R) on Saturday agreed to develop a roadmap for locust control in Pakistan. The decision to this effect was taken at a meeting b

Published 16 Feb, 2020 12:00am

July-December LSMI up by 3.35 percent

Large Scale Manufacturing Index (LSMI) has risen by 3.35 percent in July-December 2019-20 compared to the comparable period of the year before and by 9.66 percent in December 2019 over the preceding month, as per Pakistan Bureau of Statistics (PSB).

Published 16 Feb, 2020 12:00am

Tax-exempt areas: IR officers empowered to search vehicles

The Inland Revenue officers of the Federal Board of Revenue (FBR) have been empowered to search vehicles coming from tax-exempt areas of the Azad Jammu and Kashmir (AJK), the Gilgit-Baltistan and tribal areas to check entry of exempted goods into tariff a

Published 16 Feb, 2020 12:00am

Court orders release of Pashteen

A Pakistani court Saturday ordered the release of a Pashtun rights leader critical of the military, his lawyer said, weeks after he was arrested on sedition charges. Manzoor Pashteen, chief of the Pashtun Protection Movement (PTM), was arrested last month

Published 16 Feb, 2020 12:00am

PPP MPA Shahnaz Ansari shot dead

In an unfortunate event, Pakistan Peoples Party (PPP) leader and Member of Sindh Assembly (MPA) Shahnaz Ansari was assassinated in Naushero Feroze over a property dispute here on Saturday. According to police, the PPP leader was taken to the People's Medi

Published 16 Feb, 2020 12:00am

Will Maryam be allowed to travel abroad?

Pakistan Muslim League-Nawaz (PML-N) is hoping for relief from the judiciary to allow Maryam Nawaz, the daughter of former premier Nawaz Sharif, to travel abroad to be with her ailing farther in London. Talking to Business Recorder, PML-N central secretar

Published 16 Feb, 2020 12:00am

Civil servants will be required to declare assets annually

The Pakistan Tehreek-e-Insaf (PTI) government has decided to make it mandatory for civil servants to declare their assets annually under the new Civil Servants Promotion (Grade-18 to Grade-21) Rules, 2020. According to the documents, the reforms have been

Published 16 Feb, 2020 12:00am

'We failed to topple government due to friendly interference': Fazl

Responding to Prime Minister Imran Khan's statement about trying Fazlur Rehman for high treason under Article 6, Jamiat Ulema-e-Islam (F) chief said that those who wish to register a case against him are most welcome to do so.

Published 16 Feb, 2020 12:00am

India asks Erdogan not to interfere in its 'internal' affairs

After the Turkish president's visit to Pakistan led to Recep Tayyip Erdogan reiterating his opposition to India's steps in Kashmir, New Delhi on Saturday stated that Turkey should "develop proper understanding of the facts" and stop interfering in interna

Published 16 Feb, 2020 12:00am

Pakistan, Saudi Arabia joint military training 'Samsam 7' begins

The joint military training "Samsam 7" between Pakistan and Saudi forces has commenced in KSA. According to Inter-Services Public Relations (ISPR), the training will take place for two weeks which includes combat patrolling, landmines drilling and other e

Published 16 Feb, 2020 12:00am

Letters

Erdogan deserves a lot of praise

Hats off to Turkish President Recep Tayyib Erdogan for reiterating his country's support to Pakistan's efforts towards getting a clean-chit from Financial Action Task Force (FATF) ahead of global financial watchdog's crucial plenary in Paris starting toda

Published 16 Feb, 2020 12:00am

Articles

Irked US squeezes Iraq with cash delays, short waivers

Irked by Iraq's close ties to neighbouring Iran, Washington has begun following through on threats to squeeze Baghdad's fragile economy with delays to crucial cash deliveries and shortened sanctions waivers. This week, the US granted Iraq last-minute leav

Published 16 Feb, 2020 12:00am

Articles

Pakistan's 40 golden years of hosting Afghan refugees

The world today is at crossroads of its history as humanity faces gigantic challenges. The biggest challenge for the world is unresolved conflicts and human displacement due to these wars. According to Dina Nayeri, it is the obligation of every person bor

Published 16 Feb, 2020 12:00am

Articles

IMF review: power remains the key

The IMF second review is concluded. The staff-level agreement has not been reached; unlike in November review. That said, the tone was not negative. There might be some prior actions (such as increase in petroleum levy, increase in gas prices, pending fue

Published 16 Feb, 2020 12:00am

NA resolution on child abuse

The National Assembly did not do itself proud when on Friday it passed a resolution seeking public hangings for people convicted of sexually abusing and killing children. The resolution was moved by six legislators, including Minister of State for Parliam

Updated 18 Feb, 2020 06:10am

Delhi rejects Modi's divisive politics

Arvind Kejriwal's Aam Aadmi Party (AAP) has delivered a stunning electoral blow to Bharatiya Janata Party (BJP) in Delhi state elections, causing a setback to Narendra Modi's mission to convert India into a Hindu Rashtra. The AAP's 2020 win is different f

Updated 18 Feb, 2020 06:10am

US air defence system for India

As Pakistan acquires effective nuclear-based deterrence against India's war-posturing, the latter sets about enhancing its counter-force capabilities. The US and Israel appear to be cooperating with India. According to latest reports, the US State Departm

Updated 18 Feb, 2020 06:10am

PPP determined to launch anti-government movement: Khokhar

Senator Mustafa Nawaz Khokhar, spokesman of Chairman Pakistan Peoples Part (PPP) Bilawal Bhutto the PPP is determined to launch anti-government movement despite the notices issued by the National Accountability Bureau (NAB).

Published 16 Feb, 2020 12:00am

Business & Economy

Turkish Ministry of Trade, FBR sign MoU

A memorandum of understanding (MoU) has been signed between the Ministry of Trade of the Republic of Turkey and Federal Board of Revenue (FBR) on trade facilitation and customs cooperation matters in Prime Minister House. The MoU was signed by the Turkish

Published 16 Feb, 2020 12:00am

Crime rate on the rise despite stringent security measures in Capital

Contrary to the tall claims made by the local police that they have taken stringent security measures in the federal capital to protect life and property of the residents, robbers have reportedly struck at six separate locations during last week.

Published 16 Feb, 2020 12:00am

KP Dairy & Livestock Expo planned for November

Livestock Farmers' Welfare Association, Khyber Pakhtunkhwa and events' organiser Land Mark Communications signed a memorandum of understanding (MoU) for organising Dairy & Livestock Expo 2020 in Peshawar. The MoU was signed by the Livestock Farmers' Welfa

Published 16 Feb, 2020 12:00am

PML-N terms NAB's raids on Sharif family's business offices 'illegal'

The Pakistan Muslim League-Nawaz (PML-N) has slammed the "illegal" raids conducted by the National Accountability Bureau (NAB) on Sharif family's private business offices in Lahore.

Published 16 Feb, 2020 12:00am

Business & Economy

Peshawar Airport to be shifted out of city: minister

Federal Minister for Aviation Division, Ghulam Sarwar Khan has said that efforts are being made to shift Peshawar Airport outside the city due to air traffic and passengers load. Talking to media, he said that three sites have already been identified for

Published 16 Feb, 2020 12:00am

Five-day anti-polio campaign from tomorrow

A five-day anti-polio campaign will formally start from Monday (February 17) to immunize over 6.7 million children in Khyber Pakhtunkhwa under the age of five years against the poliovirus. In January, it was reported that the overall tally of reported pol

Published 16 Feb, 2020 12:00am

Top Indian diplomat summoned over LoC violations

Pakistan on Saturday summoned top Indian diplomat and registered with him a strong protest on the ceasefire violations along the Line of Control (LoC) that resulted in serious injuries to a 13-year-old girl.

Published 16 Feb, 2020 12:00am

2020 is the year of change, says Bilawal

Saying that 2020 is the year of change, Chairman Pakistan Peoples Party Bilawal Bhutto Zardari has said that the state should not be run through conspiracies rather it should be run according to the wishes of the people.

Published 16 Feb, 2020 12:00am

FAO DG seeks Pakistan's more cooperation in tackling food insecurity issue

Food and Agriculture Organisation (FAO) of the United Nations' Director General (DG) Qu Dongyu has called for further deepening cooperation with Pakistan to tackle food insecurity, malnutrition and rural poverty.

Published 16 Feb, 2020 12:00am

Energy

Government urged to ensure uninterrupted supply to CNG stations

Chairman All Pakistan CNG Forum, Shabbir Sulemanjee has said that the present closure of almost two months is an historic example as the CNG stations in Sindh has never been closed for such a long period.

Published 16 Feb, 2020 12:00am

Business & Economy

FPCCI seeks private sector's representation on Board of TIC

President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Mian Anjum Nisar has urged the Ministry of Commerce to take private sector particularly FPCCI on the Board of Treaty Implementation Cell (TIC) for formulating mechanism and

Published 16 Feb, 2020 12:00am

July-December: Export of gems soars to $2.581 million

Pakistan's export of gems soared 18 percent to US$2.581 million in July-Dec 2019-20, official figures suggest. Increase in gems export comes to the tune of US$393,000 in July-Dec 2019-20 from US$2.188 million in July-Dec 2018-19, Pakistan Bureau of Statis

Published 16 Feb, 2020 12:00am

Business & Economy

PDWP okays 10 schemes worth Rs 14.563 billion

The Provincial Development Working Party (PDWP) meeting has approved 10 schemes worth Rs 14.563 billion. The PDWP meeting was presided over by Chairman Planning & Development Board Sindh Mohammad Waseem, a statement of the department said here on Saturday

Published 16 Feb, 2020 12:00am

'No fund released by federal government for K-IV project'

Federal Government didn't release any fund for Greater Karachi Water Supply Scheme (K-IV) project out of Rs800 million allocated in Public Sector Development Programme (PSDP) 2019-20 in the first seven months of current fiscal.

Published 16 Feb, 2020 12:00am

Business & Economy

Indonesian envoy sees huge potential for enhancing bilateral trade

Indonesian Ambassador to Pakistan Iwan Suyudhie Amri has said there is huge potential to increase bilateral trade between the two Muslim brotherly countries. Speaking at the 'Palm Oil Seminar' jointly organised by Indonesian Embassy and Apical Pakistan he

Published 16 Feb, 2020 12:00am

Business & Economy

FWCCI considers women empowerment a challenge

Women Empowerment is a challenge for Faisalabad Women Chamber of Commerce & Industry (FWCCI) and in this connection, we must take pro-active steps to make this elected representative trade body financially stable and viable, said Mrs. Qurat-ul-Ain Preside

Published 16 Feb, 2020 12:00am

PTI government saved country from bankruptcy, claims Sarwar

Punjab Governor Chaudhry Mohammad Sarwar on Saturday said the present government through its viable and well-conceived economic policies has saved Pakistan from bankruptcy, and current account deficit has been reduced by 75 percent, while the global commu

Published 16 Feb, 2020 12:00am

NUST sign MoU with Turkish Aerospace Industries

As part of Turkish President Recep Tayyip Erdogan's ongoing visit to Pakistan, an impressive ceremony was held at the Prime Minister's House here on February 14, 2020, to mark the signing of a Memorandum of Understanding (MoU) between the National Univers

Published 16 Feb, 2020 12:00am

Business & Economy

LCCI signs MoU with PHEC

The Lahore Chamber of Commerce and Industry (LCCI) and Punjab Higher Education Commission (PHEC) have inked a Memorandum of Understanding to collectively work towards promoting higher education, research, training industrial and academia linkages.

Published 16 Feb, 2020 12:00am

Private varsities urge PM to take notice of PHED, PHEC's actions

In a bid to resist the action of Punjab Higher Education Department (HED) and Punjab Higher Education Commission (PHEC) of regularizing the programs and sub-campuses of the private universities, the newly-formed Association of Private Sector Universities

Published 16 Feb, 2020 12:00am

JI chief slams govt for dragging national institution in politics

Prime Minister Imran Khan's statement that Army is standing behind him is tantamount to dragging the national institution in politics, says Jamaat-e-Islaami chief Senator Sirajul Haq This was not the first time that the PTI government attempted to create

Published 16 Feb, 2020 12:00am

Pakistan has best cyber laws, but LEAs lack expertise: LHC CJ

Pakistan have best cyber laws but our law enforcement agencies lacking expertise on these laws, Chief Justice Lahore High Court Mamoon Rashid Sheikh said on Saturday. Addressing a seminar on cyber laws at judicial academy here, Justice Mamoon Rashid said

Published 16 Feb, 2020 12:00am

Business & Economy

'Economic stability prerequisite to generate 1.3 milion jobs annually'

SAARC Chambers of Commerce and Industry (CCI) Senior Vice President Iftikhar Ali Malik on Saturday said economic and political stability is prerequisite for generating the required 1.3 million additional jobs on average every year to cope with the multipl

Published 16 Feb, 2020 12:00am

Commodity vehicles abduction: KWGA demands increase in police patrolling on highways

Anis Majeed, patron in chief, Karachi Wholesale Grocers Association (KWGA) and Malik Zulfiqar Ali, chairman KWGA have expressed concern over the incident of abduction of commodity vehicles coming from Punjab and Sindh to Karachi at the Indus and Super Hig

Published 16 Feb, 2020 12:00am

Tree plantation campaign: CDA plants 2,000 trees along Kashmir Highway

As part of a tree plantation campaign, the Capital Development Authority (CDA) has recently planted 2,000 plants along the Kashmir Highway.

Published 16 Feb, 2020 12:00am

Stocks

Grant approval for offer of ESOS: SECP empowers Commissioner, C&C department

The Securities and Exchange Commission of Pakistan (SECP) has empowered the Commissioner, Corporatisation and Compliance (C&C) Department (Company Law Division) to grant approval for offer of Employee Stock Option Scheme and for issuance of such shares.

Published 16 Feb, 2020 12:00am

Taxes

'Smuggled goods worth Rs 1.14 billion seized in three months'

Model Customs Collectorate, Preventive, Karachi on Saturday claimed to have seized smuggled goods worth Rs 1.14 billion during last three months. Speaking at a press conference held at Preventive Service Club, Keamari, Collector Preventive Muhammad Saqif

Published 16 Feb, 2020 12:00am

Taxes

No penalty for not filing GDs on goods imported as gift

The Federal Board of Revenue (FBR) will not impose any penalty for not filing Goods Declarations (GDs) on goods imported as gift by individuals without national tax number (NTN) or sales tax registration number (STRN) through courier/air cargo, diplomatic

Published 16 Feb, 2020 12:00am

Prices of essential kitchen items witness upward trend

Prices of essential kitchen items have witnessed an increase during this past week compared to the week before, according to a survey carried out by Business Recorder here on Saturday. During the week, prices of the vegetables, chicken and fruits h

Published 16 Feb, 2020 12:00am

Energy

Mohmand Dam to be completed in 2025, says Wapda chief

WAPDA Chairman Lt Gen Muzammil Hussain (Retd) said on Saturday the construction work on multipurpose Mohmand Dam Hydropower Project would be completed during high flow season in 2025 as per the timelines. He said the construction work is being carried out

Published 16 Feb, 2020 12:00am

HRCP holds rally

The Human Rights Commission Pakistan (HRCP) staged a rally from Old Campus to Press Club Hyderabad for the rights of peasants and labours on Saturday. A large number of peasants and labours from different districts of Sindh participated in the rally and c

Published 16 Feb, 2020 12:00am

Business & Economy

PSDP 2019-20: Government releases Rs 444.3 billion against budgeted Rs 701 billion

The federal government has released Rs444.3 billion (63.4 percent) including Rs85.17 billion foreign aid (66.4 percent) for various ongoing and new development projects under the Public-Sector Development Programme (PSDP) 2019-2020 against the total budge

Published 16 Feb, 2020 12:00am

Global Business Economy

Airbus 'deeply regrets' US tariff hike from 10 to 15 percent

The United States is increasing tariffs on Airbus planes imported from Europe to 15 percent, authorities announced, in a move the aerospace giant said on Saturday was "deeply" regrettable. Friday's decision to hike tariffs from March 18 "further escalates

Published 16 Feb, 2020 12:00am

Protester shot dead in Baghdad

A demonstrator was shot dead near the Iraqi capital's main protest camp by unidentified attackers using a gun silencer, medics said Saturday, as police reported a spate of activist abductions. Around 550 people have been killed since the anti-government m

Published 16 Feb, 2020 12:00am

Eight civilians killed in Afghanistan air strike

An air strike in Afghanistan has killed at least eight civilians, officials said Saturday, as the war-torn country prepares for a "reduction in violence" under a deal between Taliban militants and the United States. The incident took place in the eastern

Published 16 Feb, 2020 12:00am

IT & Computers

Singapore orders anti-government website to warn readers of falsehoods

Singapore ordered the Facebook page of an anti-government website Saturday to warn readers it regularly posts falsehoods, the first time authorities have taken such action under a tough law against misinformation.

Published 16 Feb, 2020 12:00am

Germans hit the streets against deals with far right

Several thousand people demonstrated Saturday in Erfurt, capital of Thuringia state in Germany's former communist east, where far-right lawmakers last week helped install a new state premier. "Not with us! No pacts with fascists any time or anywhere!" is

Published 16 Feb, 2020 12:00am

Erdogan, Trump discuss ways to end crisis in Idlib

Turkish President Recep Tayyip Erdogan on Saturday discussed with US counterpart Donald Trump ways to end the crisis in Idlib, Syria's last major rebel bastion, and condemned Damascus' attacks there, the Turkish presidency said.

Published 16 Feb, 2020 12:00am

Money & Banking

First Abu Dhabi Bank sells 450 million sterling bonds

First Abu Dhabi Bank (FAB) sold on Wednesday 450 million pounds ($584 million) of three-year sterling-denominated bonds at 98 basis points (bps) over UK gilts, according to an investment note seen by Reuters. The debt sale has garnered around 1.25 billion

Published 16 Feb, 2020 12:00am

Stocks

S&P, Nasdaq gain on Nvidia, White House stock incentive report

The S&P 500 ended modestly higher on Friday following strong earnings from Nvidia and a report late in the session that the White House was considering a tax incentive for Americans to buy stocks. Uncertainties surrounding the coronavirus epidemic and dow

Published 16 Feb, 2020 12:00am

Money & Banking

Loonie rises to 11-day high

The Canadian dollar strengthened on Friday against its US counterpart, adding to this week's gains as investors speculated that the coronavirus outbreak would not cause long-lasting damage to the global economy. At 3:10 p.m. (2010 GMT), the Canadian dolla

Published 16 Feb, 2020 12:00am

Money & Banking

Net long dollars rise to $13.94 billion

Speculators increased their net long dollar position in the latest week, according to calculations by Reuters and US Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position, derived from net positions of Int

Published 16 Feb, 2020 12:00am

Money & Banking

African currencies week ahead: Kenyan shilling to weaken, Uganda's to be stable

Kenya's shilling is expected to weaken against the dollar in the next week, while Uganda's will be stable, traders said.

Published 16 Feb, 2020 12:00am

Money & Banking

Is bitcoin's 2020 rally another flash in the pan?

Crypto analysts are split on whether bitcoin's rise this year is driven by unique factors or is just its latest bout of volatility. But many agree on one factor: an upcoming cut to the supply of bitcoin. Bitcoin has soared by almost half this year, to mor

Published 16 Feb, 2020 12:00am

Money & Banking

Euro rebounds against dollar

The euro bounced against the greenback on Friday as US stocks declined from record highs, though concerns about growth in the eurozone are expected to keep weighing on the single currency. Anxiety about the impact of the coronavirus on the European econom

Published 16 Feb, 2020 12:00am

Commodities

Britain's December wheat exports rise

British wheat exports rose in December, boosted by a shipment to the United States, and are running well ahead of last season's pace, customs data showed on Tuesday. Wheat exports for the month totalled 96,111 tonnes, up from the previous month's 71,463 t

Published 16 Feb, 2020 12:00am

Cotton & Textile

Restricted buying by mills on cotton market

Mills showed less interest in fresh deals on the cotton market on Saturday owing to lack of fresh leads, dealers said. The official spot rate was at Rs 9100, they added. In the ready session, only 400 bales of cotton from Rahim Yar Khan finalised at Rs 90

Published 16 Feb, 2020 12:00am

Commodities

CBOT corn declines in rangebound trade

Chicago Board of Trade corn futures ended lower on Thursday in rangebound trade, pressured by technical selling and expectations for large South American harvests, traders said. CBOT March corn settled down 3-1/2 cents at $3.79-1/2 per bushel, staying ins

Published 16 Feb, 2020 12:00am

Commodities

China's iron ore futures rise on supply concerns

China's iron ore futures rose for a third session on Thursday as spot prices rallied to three-week highs after miner Vale SA downscaled its production outlook for the first quarter, but concerns over the coronavirus death toll kept gains in check. The Dal

Published 16 Feb, 2020 12:00am

Other

Clijsters faces tough return against Bertens

Kim Clijsters, 36, who is starting her second comeback to professional tennis in Dubai next week, will not have an easy return, as she was handed a first-round tie against world number eight Kiki Bertens in Saturday's draw. Clijsters, a Belgian mother-of-

Published 16 Feb, 2020 12:00am

Other

KP U-21 Inter-Tehsil Games begins

Tehsil Swabi and Rajarr to clash in the finals of the tug of war and volleyball event after securing victories against their respective rivals on the opening day of the Khyber Pakhtunkhwa U-21 Inter-Tehsil Games which got underway at Bamkhail Sports Compl

Published 16 Feb, 2020 12:00am

Other

First-ever Hindu Kush Snow Sports Festival begins

The first-ever Hindu Kush Snow Sports Festival began with colourful activities in the scenic Madaklasht Valley in Chitral district on Saturday. Drosh Assistant Commissioner, Abdul Haq, inaugurated the three-day festival. Officials of Tourism Corporation K

Published 16 Feb, 2020 12:00am

Other

Pakistan face India in Kabaddi World Cup final

Pakistan and India set up mouth watering Kabaddi World Cup 2020 title clash following their convincing victories in semi-final matches against Iran and Australia respectively at Punjab Stadium here on Saturday. The final between Pakistan and India will be

Published 16 Feb, 2020 12:00am

Cricket

British High Commissioner welcomes MCC and hopes to see England team in Pakistan

Dr Christian Turner, CMG the British High Commissioner to Pakistan hosted a reception to welcome Marylebone Cricket Club (MCC) to Lahore and to celebrate the Pakistan Cricket Board's efforts to bring international cricket back to Pakistan.

Published 16 Feb, 2020 12:00am

Cricket

Sindh clinch third PPL Blind Cricket Super League

Sindh won the final of the 3rd Pakistan Petroleum Limited (PPL) Blind Cricket Super League organized by Pakistan Blind Cricket Council (PBCC) at PAF Faisal Airbase Ground, here on Saturday. Sindh defeated Balochistan by 2 wickets to emerge triumphant. The

Published 16 Feb, 2020 12:00am

Other

Kazakh youngster Rybakina reaches third final of 2020

Kazakhstan's Elena Rybakina fought back to beat Maria Sakkari in Saint Petersburg on Saturday and reach her third WTA final of the season from only four events, where she will face second seed Kiki Bertens. The 20-year-old Rybakina, who won the Hobart Int

Published 16 Feb, 2020 12:00am

Other

Duplantis breaks world pole vault record for second time in a week

Sweden's Armand Duplantis set a world pole vault record of 6.18 metres at an indoor meeting in Glasgow on Saturday, adding one centimetre to the record he set in Poland last week. Duplantis, who won silver at last year's world championships in Doha, clear

Published 16 Feb, 2020 12:00am

Cricket

Gladiators-Zalmi challenge ready to light up HBL PSL 2020

Since its advent the HBL-Pakistan Super League has brought forward some riveting on-field rivalries and contests between Quetta Gladiators and Peshawar Zalmi have kept the fans at the edge of their seats.

Published 16 Feb, 2020 12:00am

Cricket

Historic Urdu commentary set to take stage in HBL PSL 2020

For the first time in the history of the HBL Pakistan Super League, the fans and followers of the league will enjoy cricketing-action in the country's national language. A star-studded commentary panel - including Ramiz Raja, Bazid Khan, Waqar Younis and

Published 16 Feb, 2020 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 16 Feb, 2020 12:00am

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (February 15, 2020).

Published 16 Feb, 2020 12:00am

Schedules

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (February 15, 2020).

Published 16 Feb, 2020 12:00am

The Weather

The weather report on Saturday (February 15, 2020) and the forecast for Sunday (February 16, 2020).

Published 16 Feb, 2020 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (February 15, 2020).

Published 16 Feb, 2020 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (February 15, 2020).

Published 16 Feb, 2020 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (February 15, 2020).

Published 16 Feb, 2020 12:00am

Yarn Prices

Money & Banking

THE RUPEE: Firm trend

Firmer trend was seen on the money market on Saturday as the rupee maintained last levels against the dollar in the process of trading activity, dealers said.

Published 16 Feb, 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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