News Archives for Print - 2020-09-14

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Print - 2020-09-14

Sudan Nile level drops after deadly floods

KHARTOUM: Nile waters in Sudan have begun to drop after reaching record levels this year and causing deadly floods...

Published 14 Sep, 2020 02:36am

India considers emergency authorisation of vaccine as Covid-19 cases surge

MUMBAI: India said on Sunday it was considering granting an emergency authorisation for a Covid-19 vaccine,...

Published 14 Sep, 2020 02:36am

European nations pin hopes on new measures as vaccine cases mount

PARIS: Austria and Britain were among European nations grappling with mounting coronavirus infections Sunday, while...

Published 14 Sep, 2020 02:36am

Tens of thousands rally in Belarus despite mass arrests

MINSK: Riot police harshly detained more than 400 demonstrators in Belarus on Sunday as tens of thousands of people...

Published 14 Sep, 2020 02:36am

The Weather

KARACHI: The weather report on Sunday (September 13, 2020) and the forecast for Monday (September 14, 2020)....

Published 14 Sep, 2020 02:36am

Currency

YOUR RUPEE LAST MONTH

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last month. (August 3 to ...

Published 14 Sep, 2020 02:36am

Rates.Banks

Returns on Profit and Loss Sharing Investment Bank Accounts (JAN TO JUNE 2020)

KARACHI: Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and ...

Published 14 Sep, 2020 02:36am

Currency

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (September 7 to...

Published 14 Sep, 2020 02:36am

UAE, Israeli educational institutions sign artificial intelligence MoU

DUBAI: The United Arab Emirates' Mohamed Bin Zayed University of Artificial Intelligence and Israel's Weizmann...

Published 14 Sep, 2020 02:36am

Energy

Turkey to send second drill ship to Black Sea

ISTANBUL: Turkey will send a second drill ship to operate in the Black Sea, Energy Minister Fatih Donmez said on...

Published 14 Sep, 2020 02:36am

Canada looks set for a fight over C$1bn compensation for Huawei gear

OTTAWA: Canada is signalling it might not compensate major telecommunications providers if the federal government...

Published 14 Sep, 2020 02:36am

Rates.BR Index

Futures spread declined by 24bps

KARACHI: The futures spread declined by 24bps to 9.68 percent on the last day of the outgoing week. Trading...

Published 14 Sep, 2020 02:36am

Mutual Funds

PSX witnesses bullish trend: BRIndex100 gains 62.56 points

KARACHI: Pakistan Stock Exchange witnessed bullish trend during the outgoing week ended on Sep 11 on the back of...

Published 14 Sep, 2020 02:36am

Terrorist commander killed in IBO near Waziristan

RAWALPINDI: Terrorist commander, Ihsan Ullah alias Ihsan Sanray along with three other terrorists was killed on...

Updated 14 Sep, 2020 03:10am

Russia votes in test of ruling party's grip

MOSCOW/TOMSK: Russians went to the polls on Sunday in local elections being scrutinised for signs of discontent with...

Updated 14 Sep, 2020 03:09am

Southern Balochistan under govt focus: Umar

ISLAMABAD: Minister for Planning Development and Special Initiatives, Asad Umar said on Sunday the federal ...

Updated 14 Sep, 2020 03:08am

Two killed, 10 injured as building collapses in Lyari

KARACHI: Two people were killed and 10 others injured after yet another residential building collapsed in Lyari's...

Published 14 Sep, 2020 02:36am

Tehran defers new trial of UK-Iranian 'hostage' Zaghari-Ratcliffe

LONDON: Tehran on Sunday abruptly postponed a new trial of British-Iranian woman Nazanin Zaghari-Ratcliffe, ...

Published 14 Sep, 2020 02:36am

Girl killed, 4 civilians hurt in Indian shelling

ISLAMABAD: A 10-year-old girl was killed and four civilians suffered serious injuries after the Indian forces...

Published 14 Sep, 2020 02:36am

Letters

China releases India's intelligence staff

That China has always shown a readiness to give more than is strictly necessary or expected is a fact that has found...

Updated 14 Sep, 2020 02:59am

In bastion of democracy, worries over US election integrity

ARTICLE: "The only way we're going to lose this election is if the election is rigged." President Donald Trump's...

Updated 14 Sep, 2020 02:58am

The hydra of corruption

ARTICLE: Hydra is a Greek poisonous monster that had many heads. The problem was that when you tried to cut one ...

Published 14 Sep, 2020 02:36am

Implementation differences

ARTICLE: Political parties within democracies propound different economic models to achieve the same objectives,...

Published 14 Sep, 2020 02:36am

Logical conclusion of white collar corruption cases top priority: NAB

ISLAMABAD: Chairman NAB former Justice Javed Iqbal has said that logical conclusion of white collar crimes mega...

Published 14 Sep, 2020 02:36am

Condolence

LAHORE: Punjab Chief Minister Sardar Usman Buzdar has expressed deep sense of sorrow and grief over the sad demise ...

Published 14 Sep, 2020 02:36am

Buzdar pays surprise visit of Lahore

LAHORE: Punjab Chief Minister Sardar Usman Buzdar paid a surprise visit to different areas of provincial metropolis...

Published 14 Sep, 2020 02:36am

Currency

Roshan Digital Account - an overview

ARTICLE: State Bank of Pakistan has taken yet another good initiative by launching Roshan Digital Account (RDA) in...

Published 14 Sep, 2020 02:36am

Saudi Arabia to lift some flight restrictions on 15th

RIYADH: Saudi Arabia will partially lift its suspension of international flights as of Sept. 15 to allow ...

Published 14 Sep, 2020 02:36am

Apple out to reignite growth with line updates

SAN FRANCISCO: Apple is expected to spotlight its smartwatch, iPad, and subscription services on Tuesday as it...

Published 14 Sep, 2020 02:36am

Commodities

World's gold miners wary of production ramp-up despite price surge

JOHANNESBURG/BENGALURU: The world's top gold miners are retrenching after Covid-19 related shutdowns despite record...

Published 14 Sep, 2020 02:36am

Energy

Tanzania, Uganda ink deal on $3.5bn oil pipeline project

DAR ES SALAAM: Tanzania and Uganda signed an agreement Sunday to commence construction on a 1,445-kilometre (900...

Published 14 Sep, 2020 02:36am

China issues new rules to regulate financial holding firms

BEIJING: China issued new rules on Sunday to regulate financial holding companies, in its latest move to prevent...

Published 14 Sep, 2020 02:36am

Landslides in Nepal kill 12 people, at least 21 missing

KATHMANDU: Landslides triggered by torrential rain swept through two villages in Nepal on Sunday, killing at least ...

Published 14 Sep, 2020 02:36am

Backlash after gender reveal on Dubai tower

DUBAI: Social media stars in Dubai are facing an online backlash after staging what they billed as the "biggest baby...

Published 14 Sep, 2020 02:36am

Libyan protestors torch eastern govt offices

BENGHAZI: Protesters in Libya's second city Benghazi set fire to the headquarters of the parallel eastern...

Published 14 Sep, 2020 02:36am

Turkish vessel leaves contested waters in eastern Med

ISTANBUL: A Turkish research ship at the centre of a row with Greece over gas exploration has left disputed waters ...

Published 14 Sep, 2020 02:36am

Stocks

India's secondary listing plan for firms joining foreign markets irks

NEW DELHI/MUMBAI: Indian companies that list overseas will have to later launch on a domestic bourse under policy...

Published 14 Sep, 2020 02:36am

Stocks

Qatar leads most of Gulf higher; Abu Dhabi dips

Saudi Electricity gets $1.3bn in country's first green bond sale DUBAI: Most major Middle Eastern markets ended...

Published 14 Sep, 2020 02:36am

Stocks

Investors give once-loved 'darling' Southeast Asia a wide berth

• Singapore, Thailand, Philippines and Indonesia markets lag Asia SINGAPORE/HONG KONG: Southeast Asia is slipping...

Published 14 Sep, 2020 02:36am

Stocks

Wall Street week ahead: Fed meeting in focus as stocks wobble and coronavirus bill stalls

NEW YORK: Investors are shifting their focus to the Federal Reserve's monetary policy meeting next week as they seek...

Published 14 Sep, 2020 02:36am

Social cohesion: Interfaith harmony, tolerance can play key role: speakers

LAHORE: Interfaith harmony and tolerance can play a key role in social cohesion and role of every segment of society...

Published 14 Sep, 2020 02:36am

Pakistan, China to sign development agreement today

ISLAMABAD: Pakistan and China to sign development agreement of the First China Pakistan Economic Corridor's (CPEC)...

Updated 14 Sep, 2020 03:00am

Punjab Cabinet meeting today

LAHORE: The meeting of provincial cabinet will be held todayon 14th September. 28-point Agenda will come under...

Published 14 Sep, 2020 02:36am

Money & Banking

PMRC, BOP enter into mortgage refinance agreement

KARACHI: Pakistan Mortgage Refinance Company (PMRC) & The Bank of Punjab (BOP) has join hands together for...

Published 14 Sep, 2020 02:36am

Covid-19 claims 2 more lives, infects 204: CM

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that two more patients of coronavirus lost their lives...

Published 14 Sep, 2020 02:36am

'Oracle helping businesses to be resilient in new environment'

LAHORE: Today many organizations in Pakistan are operating in an unprecedented business environment, beyond the...

Published 14 Sep, 2020 02:36am

Over 400 buildings of city in deplorable condition: Shallwani

KARACHI: Administrator Karachi Iftikhar Ali Shallwani on Sunday said that more than 400 buildings are in deplorable...

Published 14 Sep, 2020 02:36am

Fazl meets Shujaat

ISLAMABAD: Jamiat Ulema-i-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman on Sunday called on Pakistan Muslim...

Published 14 Sep, 2020 02:36am

Government creating non-issues: Comrade Imdad

ISLAMABAD: Communist Party of Pakistan Secretary General Comrade Imdad Qazi visited Islamabad and met with party...

Published 14 Sep, 2020 02:36am

Cotton & Textile

Weekly Cotton Review: Significant reduction in price witnessed

KARACHI: A significant reduction of Rs 400 per maund in the price of cotton observed. The crops were affected due to...

Published 14 Sep, 2020 02:36am

Hamza Shehbaz contracts Covid-19 at Kot Lakhpat Jail

LAHORE: The Pakistan Muslim League-Nawaz (PML-N) has accused the government of playing politics over the health of...

Published 14 Sep, 2020 02:36am

'Kashmir's future cannot be determined by India unilaterally'

ISLAMABAD: The future of Kashmir cannot be determined by India unilaterally, said international lawmakers from EU ...

Published 14 Sep, 2020 02:36am

Covid-19 cases reach 301,481 in country

ISLAMABAD: The Covid-19 cases in the country reached 301,481 after 526 new coronavirus infections were reported...

Published 14 Sep, 2020 02:36am

ANP welcomes intra-Afghan talks

PESHAWAR: ANP's president, Asfandyar Wali Khan has termed ongoing intra-Afghan talks as welcoming and expressed the...

Published 14 Sep, 2020 02:36am

Intra-Afghan dialogue a historical milestone: Shibli

ISLAMABAD: Information Minister Senator Shibli Faraz on Sunday has said that the commencement of the Intra-Afghan...

Published 14 Sep, 2020 02:36am

Hamza Shehbaz should be shifted to hospital: Marriyum

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) spokesperson Marriyum Aurangzeb on Sunday said that the opposition...

Published 14 Sep, 2020 02:36am

PML-N, PTI leaders blame each other

ISLAMABAD: The flamboyant Special Assistant to the Prime Minister on Political Communication Shahbaz Gill on Sunday...

Published 14 Sep, 2020 02:36am

Bilawal condoles with Nasir Shah

SUKKUR: Pakistan People's Party (PPP) Chairman, Bilawal Bhutto Zardari on Sunday visited Rohri, district Khairpur to...

Published 14 Sep, 2020 02:36am

IHC directive: Nawaz's presence may be required in all hearings: lawyers

ISLAMABAD: If the Islamabad High Court (IHC) directs former prime minister Nawaz Sharif to appear in the hearing of...

Published 14 Sep, 2020 02:36am

PFA intensifies operations in various districts

LAHORE: Punjab Food Authority has intensified its operations in various districts of the province. In the first...

Published 14 Sep, 2020 02:36am

Aaj TV - Monday's Program 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 14 Sep, 2020 02:36am

ECC defers decision on LPG PL rate

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has deferred decision on rate of Petroleum Levy...

Updated 14 Sep, 2020 02:58am

Money & Banking

SoftBank executives renew talks on taking the group private

TOKYO: Executives of SoftBank Group Corp are once again considering taking the technology group private as the...

Published 14 Sep, 2020 02:36am

FBR to introduce third party-based e-filing system

ISLAMABAD: To facilitate taxpayers in filing of their income tax returns electronically, the Federal Board of ...

Updated 14 Sep, 2020 02:58am

Oman welcomes Bahrain-Israel normalisation decision

DUBAI: Oman welcomes Bahrain's decision to normalise relations with Israel and hopes it will contribute to...

Updated 14 Sep, 2020 02:59am

President meets prospective investors

KARACHI: Ravi City and Bundle Island projects hold tremendous attraction for foreign investors, said President Arif...

Updated 14 Sep, 2020 03:01am

Angry EU rounds on Johnson's claim of Brexit blockade

LONDON: The European Union on Sunday rejected an incendiary claim by Prime Minister Boris Johnson that the bloc is...

Updated 14 Sep, 2020 02:58am

Qatar ruler meets Afghan, Taliban delegations

DUBAI: Qatar's ruler Emir Sheikh Tamim bin Hamad al-Thani met representatives of both the Afghan government and the...

Updated 14 Sep, 2020 03:00am

Afghan forces, Taliban continue to clash even as talks start

KABUL: Taliban and Afghan government forces clashed across Afghanistan hours after the start of long-awaited peace...

Updated 14 Sep, 2020 03:03am

Motorway gang-rape case: Suspect surrenders but denies involvement

LAHORE: Waqar-ul-Hassan, one of the two key suspects identified by the Punjab police in the motorway gang-rape...

Updated 14 Sep, 2020 03:06am

Cabinet may approve revised draft agreements with IPPs

ISLAMABAD: The federal cabinet is likely to approve revised draft agreements with the Independent Power Producers...

Updated 14 Sep, 2020 03:06am

Social welfare initiatives: Over Rs416.2bn allocated by federal govt

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI)-led federal government has allocated an overall amount of more than ...

Updated 14 Sep, 2020 03:07am

Allama Zameer Akhter Naqvi passes away

KARACHI: Famous religious scholar Allama Zameer Akhter Naqvi on Sunday passed away at the age of 72 due to cardiac...

Updated 14 Sep, 2020 03:11am

Bloomberg to spend $100m in Florida to help Biden

NEW YORK: Michael Bloomberg, who spent $1 billion of his own money on a failed 2020 presidential bid, will inject at...

Updated 14 Sep, 2020 03:11am

Towards prison reforms?

EDITORIAL: Following up on the Supreme Court's ruling of last April, Prime Minister Khan has called for the ...

Published 14 Sep, 2020 02:36am

FBR and constantly evolving return forms

EDITORIAL: Spokesperson/Member Audit, Syed Hussain Rizvi, during a press conference revealed that Pakistan Revenue...

Published 14 Sep, 2020 02:36am

Industry

Chinese investment to Australia halved in 2019

MELBOURNE: Chinese investment to Australia roughly halved in 2019 on a shift toward investment in emerging markets...

Published 14 Sep, 2020 02:36am

Lagarde shifts burden to govts to aid recovery

FRANKFURT: Eurozone governments must keep spending heavily to aid the bloc's recovery from its historic...

Published 14 Sep, 2020 02:36am

Industry

China's Envision eyes France for new EV battery factory

PARIS: Chinese renewable energy group Envision is looking to build a battery factory in France to supply the growing...

Published 14 Sep, 2020 02:36am

Currency

Mastercard builds platform to pilot central bank digital currencies

LONDON: Mastercard is creating a platform to help central banks "virtually" test how digital currencies could be...

Published 14 Sep, 2020 02:36am

Currency

ECB governors agreed to look through euro rise

FRANKFURT: European Central Bank policymakers agreed on Thursday to look through the euro's appreciation, judging it...

Published 14 Sep, 2020 02:36am

Currency

Cuba plans first official peso devaluation since 1959 revolution

HAVANA: Communist-run Cuba will soon devalue the peso's one-to-one exchange rate with the US dollar for the first...

Published 14 Sep, 2020 02:36am

Currency

Forint could gain most in central Europe

PRAGUE: The Hungarian forint should gain the most among central Europe's currencies over the next 12 months with a...

Published 14 Sep, 2020 02:36am

Currency

Dollar net shorts slip

NEW YORK: US dollar net shorts slipped for a second straight week, according to calculations by Reuters and ...

Published 14 Sep, 2020 02:36am

APTT Agreement: Business community's reservations will be redressed soon: director

PESHAWAR: Chairman, Pak-Afghan Liaison Committee, (Ministry of Commerce) and Director Transit Trade, Amjad-ur-Rehman...

Updated 14 Sep, 2020 02:56am

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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