News Archives for Print - 2020-08-15

<<>>

Print - 2020-08-15

PIAF celebrates Independence Day

LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) Friday celebrated Pakistan's 73rd Independence...

Published 15 Aug, 2020 02:41am

PSP for 'new socio-political order' to address country's problems

KARACHI: Pakistan Sarzameen Party (PSP) Chairman Syed Mustafa Kamal on Friday underscored the need of a 'new...

Published 15 Aug, 2020 02:41am

KP celebrates Independence Day with zeal, fervour

PESHAWAR: Like other parts of the country 74th Independence Day of Pakistan was also celebrated with national...

Published 15 Aug, 2020 02:41am

Ministers vow to turn Pakistan into true welfare state

LAHORE: Senior Minister Punjab Abdul Aleem Khan and Agriculture Minister Punjab Malik Nauman Ahmad Langrial...

Published 15 Aug, 2020 02:41am

Sitara-e-Shujaat: Naveed becomes first-ever ISI officer to be honoured

ISLAMABAD: Muhammad Naveed Sadiq has become the first ever Inter-Services Intelligence (ISI) officer to be honoured...

Published 15 Aug, 2020 02:41am

China to supply potential coronavirus vaccine: WSJ

KARACHI: China will supply a coronavirus vaccine candidate developed by a unit of the China National Pharmaceutical...

Published 15 Aug, 2020 02:41am

Letters

'When Maryam Nawaz went to NAB'

LETTER: This is apropos a Business Recorder editorial "When Maryam Nawaz went to NAB" carried by the newspaper...

Published 15 Aug, 2020 02:41am

A faltering US-China trade deal is now the nations' strongest link

ARTICLE: Top US and Chinese trade officials are expected to recommit to a Phase 1 trade deal during a review on...

Published 15 Aug, 2020 02:41am

Currency

Gold rush at Turkish bazaar a test of trust for lowly lira

ARTICLE: Hasan Ayhan followed his wife's instructions last week and took their savings to buy gold at Istanbul's...

Published 15 Aug, 2020 02:41am

Imports - Jamais Vu

ARTICLE: Fine, the title has nothing much to do with anything hereunder; unfortunately, imports should have been the...

Published 15 Aug, 2020 02:41am

Culture of licences, permits & NOCs

ARTICLE: In these times when countries around the globe are competing to excel in economic growth, perhaps, none of...

Published 15 Aug, 2020 02:41am

StanChart Pakistan contributes to Covid-19 relief projects in Pakistan

KARACHI: Standard Chartered, in partnership with Sightsavers International, the Bank's Seeing is Believing programme...

Published 15 Aug, 2020 02:41am

'India always tries to exploit our economic weaknesses'

KARACHI: Hamdard Pakistan HR Manager, Faizan Butt, has said India has always tried to exploit our economic...

Updated 15 Aug, 2020 03:03am

China congratulates Pakistani nation on Independence Day

BEIJING: A Chinese foreign ministry's spokesperson on Friday congratulated Pakistani nation on the 74th Independence...

Updated 15 Aug, 2020 03:03am

Meezan Bank celebrates Independence Day

KARACHI: Meezan Bank, Pakistan's first and largest Islamic bank, celebrated Independence Day, marking 73 years of ...

Updated 15 Aug, 2020 03:05am

PNSC holds tree plantation event, flag-hoisting ceremony

KARACHI: Pakistan 73rd Independence Day was celebrated in Pakistan National Shipping Corporation (PNSC). The...

Updated 15 Aug, 2020 03:06am

Change of Guard ceremony held at Mazar-e-Quaid

KARACHI: An inspiring Change of Guard ceremony was held at mausoleum of Quaid-e-Azam Muhammad Ali Jinnah celebrating...

Updated 15 Aug, 2020 03:07am

NTDC and Wapda celebrate Independence Day

LAHORE: National Transmission and Despatch Company (NTDC) celebrated 73rd Independence Day of Pakistan at NTDC...

Updated 15 Aug, 2020 03:11am

Educational institutions celebrate Independence Day with zeal

LAHORE: Like other segments of the society, the educational institutions of Lahore on Friday celebrated the 73rd...

Updated 15 Aug, 2020 03:11am

Separate homeland created to preserve Muslim heritage, culture: Shibli

ISLAMABAD: Minister for Information and Broadcasting Senator Shibli Faraz said on Friday that Pakistan was achieved...

Published 15 Aug, 2020 02:41am

Nestlé announces N4HK Essay contest winners

LAHORE: Nestlé Pakistan announced the winners of the Nestlé for Healthier Kids (N4HK) essay competition, a first ...

Updated 15 Aug, 2020 03:11am

Partly Facetious: What was the funniest part of PM's speech?

ARTICLE: "As I keep saying imitation is the best form of flattery." "Ha, ha, indeed, I was hoping that The Khan,...

Published 15 Aug, 2020 02:41am

Cotton & Textile

Cotton futures move up

NEW YORK: ICE cotton futures rose on Friday, setting eyes on a weekly gain, as dry and hot weather in top cotton...

Published 15 Aug, 2020 02:41am

Michael Jordan's sneakers sell for $615,000, new record

NEW YORK: A pair of Michael Jordan's game-worn sneakers sold for $615,000, Christie's auction house said Thursday,...

Published 15 Aug, 2020 02:41am

Europe

EU approves Belarus sanctions, debates Turkey crisis

BRUSSELS: European Union ministers agreed Friday to draw up a list of targets in Belarus for a new round of ...

Updated 15 Aug, 2020 03:08am

Turkey hits out at France as EU ministers meet on Med crisis

ISTANBUL: Turkey accused France on Friday of acting like a bully and stepped up its own charm offensive as EU ...

Updated 15 Aug, 2020 03:08am

Europe

Hard-hit countries step up virus measures as cases mount

LONDON: Countries among the hardest hit by the coronavirus unveiled further control measures Friday to battle rising...

Published 15 Aug, 2020 02:41am

Cotton & Textile

New York cotton

NEW YORK: The following were the fluctuations observed during the day:...

Published 15 Aug, 2020 02:41am

Commodities

Gold set for worst week since March

LONDON: Gold fell on Friday in European trade, on track to post its worst week since March, as an uptick in US...

Published 15 Aug, 2020 02:41am

Commodities

Palm oil logs 2.5 percent weekly fall

KUALA LUMPUR: Malaysian palm oil futures fell 2.5% for the week after a volatile session on Friday, closing lower on...

Published 15 Aug, 2020 02:41am

Grains

Raw sugar sets 5-month peak

LONDON: Raw sugar futures on ICE rose to a five-month high on Friday, driven by fund buying against a backdrop of...

Published 15 Aug, 2020 02:41am

Energy

China's July refinery output hits new monthly peak

SINGAPORE: China's refinery output jumped 12% in July from the same month a year earlier, hitting the highest on...

Published 15 Aug, 2020 02:41am

Commodities

Copper gains on China data

LONDON: Copper rose on Friday as industrial data from top consumer China pointed to a steady economic recovery,...

Published 15 Aug, 2020 02:41am

Energy

Oil prices inch lower

NEW YORK: Oil prices edged lower on Friday on worries that demand would recover more slowly than expected from...

Published 15 Aug, 2020 02:41am

Tariq Haleem elected PSCGL president

KARACHI: Presidential candidate Tariq Haleem has won the elections of Pakistan Stevedores Conference Guarantee...

Updated 15 Aug, 2020 03:13am

Atrocities in IOK, Covid-19: Independence Day celebrated with simplicity: Murad

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that the 73rd Independence Day is being celebrated with...

Published 15 Aug, 2020 02:41am

SSGC celebrates Independence Day with zeal

KARACHI: SSGC celebrated Pakistan's 74th Independence Day with traditional fervour and enthusiasm. A flag hoisting...

Published 15 Aug, 2020 02:41am

Mayor pays rich tribute to Quaid-e-Azam

KARACHI: Mayor Karachi Wasim Akhtar on Friday said that Muslims of sub-continent got separate homeland after ...

Published 15 Aug, 2020 02:41am

KU celebrates Independence Day with fervor

KARACHI: Freedom is a blessing that was obtained after huge sacrifices. Now we should value it. The zeal amongst the...

Published 15 Aug, 2020 02:41am

Climate change: WWF-Pakistan for joint efforts to mitigate destructive impacts

KARACHI: Pakistan lost an average of approximately 43,000 hectares of forests - equivalent to half the size of...

Published 15 Aug, 2020 02:41am

Independence Day celebrated in Karachi with zest

KARACHI: Like other parts of the country, the 73rd Independence Day of Pakistan was celebrated in Karachi with...

Published 15 Aug, 2020 02:41am

SNGPL holds flag hoisting ceremony

LAHORE: Sui Northern Gas Pipelines Limited (SNGPL) organized a flag hoisting ceremony at Head Office in Lahore to...

Published 15 Aug, 2020 02:41am

Minister seeks collective efforts to change fate of Karachi

KARACHI: Provincial Minister of Education and Labour Saeed Ghani said that Sindh government is doing its best for ...

Published 15 Aug, 2020 02:41am

Independence Day: Violations of SOPs witnessed at parks, other public places

LAHORE: Gross violations of Standard Operating Procedures (SOPs) were witnessed at the parks, restaurants and other...

Published 15 Aug, 2020 02:41am

Democracy will be strengthened in future: Buzdar

LAHORE: Expressing resolve to work hard to make Pakistan strong and prosperous, Chief Minister Sardar Usman Buzdar...

Published 15 Aug, 2020 02:41am

Currency

Pakistan is not independent economically: Shahbaz

LAHORE: Pakistan Muslim League-Nawaz (PML-N) President and Leader of the Opposition in the National Assembly Shahbaz...

Published 15 Aug, 2020 02:41am

Pakistan Independence Day celebrated in Tehran

TEHRAN: Official ceremony to mark 74th Independence Day of Pakistan was held at Pakistan House, Tehran Friday....

Updated 15 Aug, 2020 03:03am

Exchange

Saudi ambassador meets Shujaat, Pervaiz Elahi

LAHORE: Saudi Arabia Ambassador to Pakistan Nawaf Saeed Al-Maliky called on Pakistan Muslim League (PML) President ...

Published 15 Aug, 2020 02:41am

Commodities

APMPEA proposes setting up of 'disease-free zone' for animals in Cholistan

LAHORE: All Pakistan Meat Processors and Exporters Association (APMPEA) has proposed the government to set up...

Published 15 Aug, 2020 02:41am

Ravi Riverfront city to overcome urbanization challenges of 21st century Lahore

LAHORE: Like other cosmopolitan cities of the world, the amorphous Lahore was faced with debilitating challenges of...

Published 15 Aug, 2020 02:41am

Aaj TV - Saturday's schedule

KARACHI: All timings are in PST (Pakistan Standard Time). 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55...

Published 15 Aug, 2020 02:41am

The Weather

KARACHI: The weather report on Friday (August 14, 2020) and the forecast for Saturday (August 15, 2020)....

Published 15 Aug, 2020 02:41am

Exchange

Economy: PM says 'things are now improving'

ISLAMABAD: Prime Minister Imran Khan Friday said the past two years were difficult, but things were now improving...

Published 15 Aug, 2020 02:41am

Money & Banking

Banker bonus cap can reduce excessive risk-taking: BoE paper

LONDON: The European Union's cap on banker bonuses introduced after the financial crisis a decade ago can help to...

Published 15 Aug, 2020 02:41am

Currency

Power Generation Policy 1994: Government, majority of IPPs sign settlement pacts

ISLAMABAD: The government and majority of Independent Power Producers (IPPs) established under Power Generation...

Published 15 Aug, 2020 02:41am

Two policemen killed in IOK

OCCUPIED SRINAGAR: freedom fighters attacked a police team in occupied Kashmir on Friday, killing two officers and...

Published 15 Aug, 2020 02:41am

Government buys 60,000 tonnes wheat, as imports rise

HAMBURG: A group of flour mills in Pakistan has bought around 60,000 tonnes of wheat recently, which is expected to...

Published 15 Aug, 2020 02:41am

Alvi sees improvement in various areas

ISLAMABAD: President Dr Arif Alvi Friday said Pakistan had surmounted several challenges since its independence,...

Published 15 Aug, 2020 02:41am

Fiat Chrysler: US judge rejects GM bid to reopen case

NEW YORK: A federal judge in Detroit on Friday rejected a bid by General Motors Co to reinstate a racketeering...

Published 15 Aug, 2020 02:41am

US, China to discuss trade deal amid Covid-19 disruption

WASHINGTON: Negotiators from the United States and China will on Saturday discuss the "phase one" trade deal signed...

Published 15 Aug, 2020 02:41am

Turkey may suspend ties with UAE: Erdogan

ISTANBUL: Turkey is considering suspending diplomatic ties with the United Arab Emirates and withdrawing its...

Published 15 Aug, 2020 02:41am

A development with far-reaching implications: FO

ISLAMABAD: In a vague statement, the Foreign Office on Friday said that Pakistan's approach would be guided by "our...

Published 15 Aug, 2020 02:41am

Palestinians accuse UAE of collaborating with Israel

OCCUPIED JERUSALEM: Angry Palestinians in Jerusalem accused the United Arab Emirates of collaborating with Israel ...

Published 15 Aug, 2020 02:41am

Afghan authorities begin release of 'dangerous' Taliban prisoners

KABUL: Afghan authorities said Friday they had started to release 400 Taliban prisoners, the final hurdle in...

Published 15 Aug, 2020 02:41am

Fortnite maker sues Apple, Google after removal of game from app stores

NEW YORK: Apple Inc and Alphabet Inc's Google on Thursday removed popular video game "Fortnite" from their app ...

Published 15 Aug, 2020 02:41am

Bilawal praises performance of SRB

KARACHI: PPP Chairman Bilawal Bhutto Zardari Friday said that 18th Constitutional Amendment has trickled down...

Published 15 Aug, 2020 02:41am

US says it seized four Iranian fuel shipments en route to Venezuela

WASHINGTON: The United States said on Friday it had confiscated four Iranian fuel shipments that had been bound for...

Published 15 Aug, 2020 02:41am

DGI&I Faisalabad unearths huge ST evasion

ISLAMABAD: Chairman Federal Board of Revenue (FBR) has issued directions to all the FBR field offices to expedite...

Published 15 Aug, 2020 02:41am

Wapda chief visits Nai Gaj Dam project to assess damages

LAHORE: In the wake of recent floods, the Pakistan Water and Power Development Authority (Wapda) Chairman Lt Gen...

Published 15 Aug, 2020 02:41am

Pak-Saudi relationship

EDITORIAL: Pakistan-Saudi Arabia relations have been extremely close over many decades. In times of difficulty, both...

Published 15 Aug, 2020 02:41am

Currency

Food security: thinking beyond self sufficiency

EDITORIAL: Pakistan's economy is largely agriculture-based. Although this sector's direct contribution to the GDP is...

Published 15 Aug, 2020 02:41am

Industry

China's domestic spending sluggish

BEIJING: China's retail sales dropped in July, official data showed Friday, indicating that sluggish consumer...

Published 15 Aug, 2020 02:41am

Industry

US retail sales, industrial output post modest gains

WASHINGTON: The US economy continues to regain ground as the coronavirus crisis drags on, with retailers and...

Published 15 Aug, 2020 02:41am

Real Estate

Juwai IQI, Maymar Housing ink MoU

KARACHI: Juwai IQI Holdings (Juwai IQI) and Maymar Housing Services Private Limited have signed a memorandum of...

Published 15 Aug, 2020 02:41am

Industry

LCCI marks Independence Day

LAHORE: The national flag was hoisted at the Lahore Chamber of Commerce and Industry (LCCI) to mark the 73rd...

Published 15 Aug, 2020 02:41am

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

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular