News Archives for Print - 2020-07-26

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Print - 2020-07-26

Letters

The challenge of corruption

LETTER: This is apropos a Business Recorder editorial "NAB put on the spot" carried by the newspaper on Saturday. I...

Published 26 Jul, 2020 02:47am

Mystery Russian projectile raises fears of arms race in space

ARTICLE: The United States this week accused Russia of having tested an anti-satellite weapon in space, a charge...

Published 26 Jul, 2020 02:47am

America divided two months after death of Floyd

ARTICLE: One after another, statues recalling slavery in America keep coming down, and night after night...

Published 26 Jul, 2020 02:47am

Tapping the digital banking potential

ARTICLE: Based on extrapolation from a 2005 SMEDA survey, and using commercial and industrial electricity ...

Published 26 Jul, 2020 02:47am

PFA approves assistance package for injured, martyred employees

LAHORE: The Punjab Food Authority's Board of Directors (BoDs) has given approval of special assistance for injured...

Updated 26 Jul, 2020 04:16am

PFA seals 31 food points, penalises dozens of food business operators

LAHORE: The Punjab Food Authority (PFA) has sealed 31 food points and penalized dozens of food business operators...

Updated 26 Jul, 2020 04:15am

Another couple killed in name of honour

KARACHI: A man and his wife have been killed at their residence in the name of honour here in Nazimabad area of...

Updated 26 Jul, 2020 04:14am

Prominent orthopaedic surgeon remembered

KARACHI: Tributes were paid to Professor Younus Soomro a prominent orthopaedic surgeon of the city and former Head ...

Published 26 Jul, 2020 02:47am

SHC CJ orders to resume suspended court proceedings

KARACHI: Chief Justice Sindh High Court (SHC) has ordered for resumption of all civil business, criminal work and...

Updated 26 Jul, 2020 04:13am

PSP to stage protest against PPP's anti-Karachi policy

KARACHI: Pak Sarzameen Party will stage a massive protest outside the Karachi Press Club today to denounce the...

Updated 26 Jul, 2020 04:12am

Level crossing safety: PR Karachi to initiate awareness campaign

KARACHI: Level crossings, especially unmanned, have become a major source of concern these days owing to the ...

Updated 26 Jul, 2020 04:18am

Governments use courts for their own interests: Siraj

KARACHI: Chief of Jamaat-e-Islami, Siraj-ul-Haq on Saturday questioned transparency of the country's accountability...

Updated 26 Jul, 2020 04:19am

Punjab records over 12,000 Covid-19 recoveries in past 24 hours

LAHORE: Punjab reported 268 new cases of the novel coronavirus in the last 24 hours, taking the province's total...

Published 26 Jul, 2020 02:47am

Wheat scandal: ACE arrests 10 food officers

LAHORE: Anti-Corruption Establishment (ACE) has arrested 10 food officers and officials over corruption charges in...

Published 26 Jul, 2020 02:47am

Minister directs installation of air pollution control devices

LAHORE: Punjab Minister for Trade and Industries Mian Aslam Iqbal has directed the steel melters to install air...

Published 26 Jul, 2020 02:47am

Four special trains for Eid

LAHORE: In order to facilitate the passengers, Pakistan Railways has decided to operate four special trains on the...

Published 26 Jul, 2020 02:47am

Deputy Commissioner Karachi: MQM-P condemns appointment of Fazl's brother

KARACHI: Muttahida Qaumi Movement - Pakistan (MQM-P) has condemned the appointment of JUI chief Maulana Fazlur...

Published 26 Jul, 2020 02:47am

Europe

Four die in plane crash in Swiss Alps

GENEVA: Two Swiss and two Austrian nationals were killed on Saturday when their small plane crashed in the Swiss...

Updated 26 Jul, 2020 04:01am

Mass anti-Kremlin rallies grip Russia's Far East

KHABAROVSK: Huge anti-government demonstrations erupted in Russia's Far East on Saturday over the arrest of a ...

Updated 26 Jul, 2020 03:58am

USA

Fresh violence in Portland as police fire tear gas on protesters

PORTLAND: Police and federal agents fired tear gas and forcefully dispersed protesters in the US city of Portland...

Published 26 Jul, 2020 02:47am

Africa

Somali PM axed in no-confidence vote

MOGADISHU: Somalia's parliament removed Prime Minister Hassan Ali Khaire from his post in a vote of no confidence on...

Updated 26 Jul, 2020 04:00am

Illegal cattle markets sealed, fines imposed on violators: NCOC informed

ISLAMABAD: The National Command and Operation Centre (NCOC) on Saturday was briefed that after receiving reports of...

Published 26 Jul, 2020 02:47am

Energy

Long-term LPG policy being prepared

ISLAMABAD: The government is preparing a long-term Liquefied Petroleum Gas (LPG) policy aimed at increasing the...

Published 26 Jul, 2020 02:47am

No let up in crimes in Capital

ISLAMABAD: Despite tall claims of police high-ups, there is no let up in crime in the city as thieves, carjackers,...

Published 26 Jul, 2020 02:47am

Grains

Unprecedented increase in wheat flour, sugar prices witnessed

ISLAMABAD: Sugar price has witnessed an increase of Rs200 per 50kg bag, wheat flour price Rs115 per 25kg bag, and ...

Published 26 Jul, 2020 02:47am

Capital reports 55 new Covid-19 cases

ISLAMABAD: On Saturday 55 new coronavirus cases were reported in the federal capital, the official data revealed....

Published 26 Jul, 2020 02:47am

100-year-old-man case: LHC directs Home Department to decide within month

LAHORE: The Lahore High Court has directed the Home Department to decide appeal of an over hundred year old man ...

Published 26 Jul, 2020 02:47am

Afridi condemns draconian laws to shrink cyber space for Kashmiris

ISLAMABAD: Chairman of the Parliamentary Committee on Kashmir Shehryar Khan Afridi has condemned the draconian laws...

Published 26 Jul, 2020 02:47am

Natural calamities: Farmers, stakeholders for early warning system

LAHORE: Farmers and stakeholders in agricultural economy have stressed for setting up an early warning system to ...

Published 26 Jul, 2020 02:47am

Grains

Millers concerned over increasing price of wheat flour

PESHAWAR: Flour mills owners have expressed serious concern over the increasing price of flour in Khyber Pakhtunkhwa...

Published 26 Jul, 2020 02:47am

Sindh sees 789 new Covid-19 cases, 25 deaths: CM

KARACHI: As many as 798 new cases of coronavirus emerged when 11,009 samples were tested raising the tally to ...

Published 26 Jul, 2020 02:47am

Ufone bags two prestigious awards

ISLAMABAD: Pakistani Telecom brand, Ufone, added another feather in its cap by winning two prestigious Effie Awards...

Published 26 Jul, 2020 02:47am

SU decides to conduct virtual exams for first semester

HYDERABAD: The 41st meeting of the Academic Council of Sindh University was held via zoom cloud option under the...

Published 26 Jul, 2020 02:47am

KPHC approves provincialisation of two roads

PESHAWAR: The Khyber Pakhtunkhwa Highways Council (KPHC) has formally approved the provincialisation of two more...

Published 26 Jul, 2020 02:47am

No loadshedding during Eid holidays

LAHORE: The Ministry of Power Division Saturday announced that there would be no loadshedding and load-management...

Published 26 Jul, 2020 02:47am

Locust control operations in process in Nagarparkar area

KARACHI: The Met Office has said that currently, control operations are in process against hopper groups and bands ...

Published 26 Jul, 2020 02:47am

LoC, IOJK: AJK journalists briefed over prevailing security situation

RAWALPINDI: A delegation of journalists from Azad Jammu and Kashmir (AJK) visited the Inter Services Public ...

Published 26 Jul, 2020 02:47am

Mansehra-Thahkot motorway completes: Bajwa

ISLAMABAD: Special Assistant to Prime Minister on Information and Broadcasting, and Chairman China Pakistan Economic...

Published 26 Jul, 2020 02:47am

Balochistan minister booked in murder case

QUETTA: Levies in Barkhan have registered a case against Balochistan Minister Abdul Rehman Khetran and his two ...

Published 26 Jul, 2020 02:47am

Keeping account secure: Facebook issues guidelines for Pakistani users

KARACHI: Facebook has issued guidelines on account safety for Pakistani users to be more vigilant in protecting ...

Published 26 Jul, 2020 02:47am

FBISE matriculation results' policy: Students fail in 40pc subjects to be promoted

ISLAMABAD: The Federal Board of Intermediate and Secondary Education (FBISE) has changed matriculation results'...

Published 26 Jul, 2020 02:47am

Shifa launches plantation drive

ISLAMABAD: A ceremony was held at Shifa International Hospital (SIH) to plant trees as part of the Nationwide Clean...

Published 26 Jul, 2020 02:47am

SNGPL special task force on UFG control conducts raid

LAHORE: SNGPL special task force on UFG control HO, has conducted a successful raid at a Plaster of Paris factory,...

Published 26 Jul, 2020 02:47am

Malala speaks at LUMS's first-ever virtual convocation

LAHORE: Amid the Covid-19 pandemic, LUMS hosted its first-ever virtual Convocation Ceremony 2020 on Facebook, with...

Published 26 Jul, 2020 02:47am

PML-N expresses alarm over wheat, flour crises

ISLAMABAD: The Pakistan Muslim League-Nawaz (PML-N) spokesperson Marriyum Aurangzeb has expressed alarm over the...

Published 26 Jul, 2020 02:47am

Rates.Ports

World Shipping Schedule

KARACHI: Karachi Port's world-wide shipping schedule beginning Saturday (July 25, 2020)....

Published 26 Jul, 2020 02:47am

The Weather

KARACHI: The weather report on Saturday (July 25, 2020) and the forecast for Sunday (July 26, 2020)....

Published 26 Jul, 2020 02:47am

National grid: KE seeks Nepra's support to get additional power

ISLAMABAD: Karachi Electric (KE) has sought National Electric Power Regulatory Authority's (Nepra's) support to get...

Updated 26 Jul, 2020 03:38am

Amendments to NAB law seek extension in chairman's tenure?

KARACHI: The government's proposed amendments to the National Accountability Ordinance contain clauses which seek to...

Updated 26 Jul, 2020 03:38am

Tighter mask rules, more tests as WHO warns of Europe virus spike

COPENHAGEN: The World Health Organization expressed concern Friday over a coronavirus resurgence in Europe as ...

Updated 26 Jul, 2020 03:39am

Record number of new virus cases as public loses faith in govts

PARIS: The world has set a new record for the highest daily increase in coronavirus infections, as a survey released...

Updated 26 Jul, 2020 03:39am

NAB informs apex court: 1,226 references pending in 25 accountability courts

ISLAMABAD: The National Accountability Bureau (NAB) informed the apex court that in 25 accountability courts all ...

Updated 26 Jul, 2020 03:43am

'Amended Ordinance calls for setting up of Corporate Restructuring Board'

ISLAMABAD: Corporate Restructuring Companies (Amendment) Ordinance, 2020 has directed the federal government to...

Updated 26 Jul, 2020 04:47am

Exchange

Moody's lists factors underpinning credit profile

ISLAMABAD: The credit profile of Pakistan (issuer rating B3) reflects the country's "baa2" economic strength, which...

Updated 26 Jul, 2020 03:40am

Government spells out achievements

ISLAMABAD: Minister for Information and Broadcasting Senator Shibli Faraz on Saturday said, "Today, is a historic...

Updated 26 Jul, 2020 04:20am

Bilawal describes law minister as 'lawyer for Jadhav'

ISLAMABAD: Chairman Pakistan People's Party Bilawal Bhutto-Zardari on Saturday described law minister (Barrister...

Updated 26 Jul, 2020 04:21am

Exchange

Mills' actual output, tax payments: FBR for placing 'RFID trackers' in sugar sacks

ISLAMABAD: The Federal Board of Revenue (FBR) has strongly recommended that the sugar mills' actual production, ...

Updated 26 Jul, 2020 04:22am

Steps under way to extricate country from FATF grey list: Qureshi

MULTAN: Foreign Minister Makhdoom Shah Mehmood Qureshi Saturday said the government was taking some more...

Updated 26 Jul, 2020 04:21am

Islamabad, Kabul trade barbs over 'border firing'

ISLAMABAD: Pakistan and Afghanistan have again resorted to blaming each other after recent cross-border shelling in...

Updated 26 Jul, 2020 04:23am

PAF fully cognizant of geo-strategic developments: Air Chief

SKARDU: Air Chief Marshal Mujahid Anwar Khan, Chief of the Air Staff, Pakistan Air Force visited PAF Base, Qadri at...

Published 26 Jul, 2020 02:47am

Bilawal meets Mengal

ISLAMABAD: Pakistan People's Party (PPP) chairman Bilawal Bhutto-Zardari on Saturday met with Balochistan National...

Updated 26 Jul, 2020 04:21am

PM to launch 'Ehsaas Nashonuma Programme' soon

ISLAMABAD: Prime Minister Imran Khan is to launch soon the Ehsaas Nashonuma Programme for pregnant and breastfeeding...

Updated 26 Jul, 2020 04:21am

US consulate in China readies for closure as diplomatic row rages

CHENGDU, China: Workers removed the US insignia from the consulate in the Chinese city of Chengdu on Saturday, a day...

Published 26 Jul, 2020 02:47am

Two more Kashmiris martyred

OCCUPIED SRINAGAR: Indian troops in their fresh act of state terrorism martyred two more Kashmiri youth in ...

Published 26 Jul, 2020 02:47am

Bajwa calls MBS to inquire about King's health

RIYADH: Chief of Army Staff (COAS) General Qamar Javed Bajwa called Saudi Arabia's Crown Prince Mohammed bin Salman...

Published 26 Jul, 2020 02:47am

Experts identify major snags to wind power generation

LAHORE: Low credibility and capacity of pertinent regulatory and monitoring bodies, administrative delays and...

Published 26 Jul, 2020 02:47am

Soldier martyred

RAWALPINDI: A terrorist fire raid on security forces during routine patrolling near Pidarak area of Kech, ...

Published 26 Jul, 2020 02:47am

ALPA offers assistance in addressing safety, technical issues

KARACHI: Air Line Pilots Association International (ALPA) has offered its help to Pakistan International Airlines...

Published 26 Jul, 2020 02:47am

Managing the anti-polio drive

EDITORIAL: The anti-polio drive could not have been resumed quickly enough considering that 60 cases have already...

Published 26 Jul, 2020 02:47am

Abduction of a journalist

EDITORIAL: The manner in which journalist Matiullah Jan was abducted and released on Tuesday, once again, highlights...

Published 26 Jul, 2020 02:47am

'Insolvency time bomb'

EDITORIAL: A report by an international trade insurance firm, suggesting that 'Covid-19 is creating an insolvency...

Published 26 Jul, 2020 02:47am

Currency

Economic growth: PIAF seeks out-of-the-box solutions

LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) has called for out-of-the-box solutions for...

Updated 26 Jul, 2020 03:56am

Industry

Construction sector: Punjab government introduces 'one window system'

LAHORE: The Punjab government has introduced 'one window system' for issuance of permits related to the construction...

Updated 26 Jul, 2020 03:54am

Industry

PBIF chief slams increasing power tariff

KARACHI: President Pakistan Businessmen and Intellectuals Forum, Mian Zahid Hussain has said further increasing ...

Updated 26 Jul, 2020 03:52am

Commodities

China's iron ore futures slip as steel margins depressed

MANILA: Dalian iron ore futures slipped on Thursday as depressed steel margins in China outweighed hopes for the...

Published 26 Jul, 2020 02:47am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Saturday (July 25, 2020)....

Published 26 Jul, 2020 02:47am

Cotton & Textile

Cotton spot rate falls by Rs 50 to Rs 8250

KARACHI: The Spot Rate Committee of Karachi Cotton Association on Saturday has decreased the spot rate by Rs 50 per...

Published 26 Jul, 2020 02:47am

NTDC energizes 600MVA transformer at grid station

Energy

Industry

Automart: car prices in Karachi

KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (July 25,...

Published 26 Jul, 2020 02:47am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 22	278.92
USD PKR Interbank Buying / Jan 22	278.72
USD to Japanese Yen / Jan 22	155.66
USD to Swiss Franc / Jan 22	0.91
Pound Sterling to USD / Jan 22	1.23
Euro to USD / Jan 22	1.04

Stock	Volume
S&P 500 / Jan 21	6,049.24
Nasdaq / Jan 21	19,756.78
Dow Jones / Jan 21	44,025.81
India Sensex / Jan 22	76,197.90
Tokyo Nikkei / Jan 22	39,646.25
Hang Seng / Jan 22	19,778.77
FTSE 100 / Jan 22	8,579.82
Germany DAX 30 / Jan 22	21,258.81

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Petrol/Litre / Jan 22	256.13
Crude Oil USD/Barrel / Jan 22	75.52
Gold Spot USD/Ounce / Jan 22	2,751.94
Diesel/Litre / Jan 22	260.95

Gainers
Losers
Leaders

Stock	Price
Apna Microfin. / Jan 22 Apna Microfinance Bank Limited(AMBL)	10.49 ▲ 0.96 (10.07%)
Leather Up Ltd. / Jan 22 Leather Up Limited(LEUL)	27.57 ▲ 2.51 (10.02%)
Jah.Sidd. Co. / Jan 22 Jahangir Siddiqui & Co. Ltd.(JSCL)	24.29 ▲ 2.21 (10.01%)
Pak Elektron (Pref) / Jan 22 Pak Elektron Limited (Preference)(PELPS)	14.94 ▲ 1.36 (10.01%)
Ashfaq Textile / Jan 22 Ashfaq Textile Mills Limited(ASHT)	15.51 ▲ 1.41 (10.00%)
Crescent Cotton / Jan 22 Crescent Cotton Mills Limited(CCM)	54.45 ▲ 4.95 (10.00%)
Fecto Cement / Jan 22 Fecto Cement Limited(FECTC)	116.40 ▲ 10.58 (10.00%)
Fateh Sports / Jan 22 Fateh Sports Wear Limited(FSWL)	86.43 ▲ 7.86 (10.00%)
Pak Engineering / Jan 22 Pakistan Engineering Company Limited(PECO)	738.34 ▲ 67.12 (10.00%)

Stock	Price
First Capital Equities / Jan 22 First Capital Equities Limited(FCEL)	5.30 ▼ -0.70 (-11.67%)
Nagina Cot. / Jan 22 Nagina Cotton Mills Limited(NAGC)	49.95 ▼ -5.55 (-10.00%)
Zahid Jee Textile / Jan 22 Zahidjee Textile Mills Limited(ZAHID)	27.21 ▼ -3.00 (-9.93%)
Gulistan Sp. / Jan 22 Gulistan Spinning Mills Limited(GUSM)	11.58 ▼ -1.26 (-9.81%)
TPL Life Insur. / Jan 22 TPL Life Insurance Limited(TPLL)	51 ▼ -5.50 (-9.73%)
Masood Textile / Jan 22 Masood Textile Mills Limited(MSOT)	49.05 ▼ -5.27 (-9.70%)
Karam Ceramics / Jan 22 Karam Ceramics Limited(KCL)	55.98 ▼ -5.92 (-9.56%)
Mari Energies / Jan 22 Mari Energies Limited(MARI)	598 ▼ -61.53 (-9.33%)
Hala Enterprise / Jan 22 Hala Enterprises Limited(HAEL)	12.10 ▼ -1.21 (-9.09%)

Stock	Volume
Cnergyico PK / Jan 22 Cnergyico PK Limited(CNERGY)	114,034,653 ▲ 0.04
WorldCall Telecom / Jan 22 Worldcall Telecom Limited(WTL)	99,158,485 ▼ -0.07
Fauji Cement / Jan 22 Fauji Cement Company Limited(FCCL)	83,500,175 ▲ 3.03
Bank Makramah / Jan 22 Bank Makramah Limited(BML)	69,476,357 ▲ 0.02
Citi Pharma Ltd / Jan 22 Citi Pharma Ltd.(CPHL)	23,402,152 ▲ 3.23
Lotte Chemical / Jan 22 Lotte Chemical Pakistan Limited(LOTCHEM)	23,042,045 ▼ -0.08
Ghani Chem. Ind. / Jan 22 Ghani Chemical Industries Limited(GCIL)	21,938,589 ▲ 1.04
Power Cement / Jan 22 Power Cement Limited(POWER)	21,682,567 ▲ 0.10
Fauji Foods Ltd / Jan 22 Fauji Foods Limited(FFL)	18,601,390 ▼ -0.41

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