News Archives for Print - 2020-09-27

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Print - 2020-09-27

Crash survivor shows confidence in PIA

KARACHI: The PIA flight from Karachi to Lahore departing at 1500hrs on September 26, 2020 was different than its...

Published 27 Sep, 2020 02:33am

Letters

'The die is cast'

This is apropos a Business Recorder op-ed "The die is cast" carried by the newspaper a few days ago. The writer,...

Published 27 Sep, 2020 02:33am

Libyans caught between fear of pandemic and scepticism

Haytham, tall and well-built, turns away customers without masks from a shop entrance in Libya's capital, telling...

Updated 27 Sep, 2020 02:53am

FBR's statistics: a critical analysis - II

The same position prevailed for tax year 2017. Out of total registered companies, only 42% (37,130) filed returns! ...

Updated 27 Sep, 2020 02:57am

Exchange

Diplomacy: economy first

Last week, the PM decided to constitute an 'Economic Outreach Apex Committee' headed by Dr Moeed Yousaf. This could...

Updated 27 Sep, 2020 02:56am

Commodities

Essential kitchen items' prices witness increase

ISLAMABAD: Prices of essential kitchen items including eggs, wheat flour, ghee/cooking oil, pulses, milk have...

Published 27 Sep, 2020 02:33am

19 vehicles stolen, 18 robberies occur in Capital

ISLAMABAD: Contrary to Islamabad police high-up's claims that the crime rate witnessed decline in the city, auto...

Published 27 Sep, 2020 02:33am

KWSB MD directs staff to fix issues

KARACHI: Karachi Water and Sewerage Board (KWSB) MD Asadullah Khan has directed officials of the Board to resolve ...

Published 27 Sep, 2020 02:33am

Wahab condemns rise in price of medicines

KARACHI: Spokesperson of Sindh Government and Advisor for Law, Environment & Coastal Development, Barrister...

Published 27 Sep, 2020 02:33am

Balochistan wants to reopen primary schools from October 15

QUETTA: Balochistan will recommend opening of primary schools from October 15 in the National Command and Operation...

Published 27 Sep, 2020 02:33am

Roads development, cleanliness top priority: Shalwani

KARACHI: Administrator Karachi Dr Iftikhar Shalwani said roads development and cleanliness would be the top priority...

Published 27 Sep, 2020 02:33am

Mandviwalla tests positive for coronavirus

ISLAMABAD: Senate Deputy Chairman Saleem Mandviwalla Saturday tested positive for the coronavirus as the government...

Published 27 Sep, 2020 02:33am

NA Speaker, ministers have nothing to do with GB elections: Bilawal

ISLAMABAD: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari has condemned the alleged interference of ...

Published 27 Sep, 2020 02:33am

Freight train online booking will start from October 20: minister

LAHORE: Federal Minister for Railways Sheikh Rasheed Ahmed has said that freight train online booking for cargo...

Published 27 Sep, 2020 02:33am

Same number of terror incidents witnessed in 2019, 2020

ISLAMABAD: The country has witnessed almost the same number of major terror incidents this year so far, compared to...

Published 27 Sep, 2020 02:33am

PML-N MPA's brother joins PML-Q: People reject anti-state agenda of Nawaz: Elahi

LAHORE: Mian Mazhar Ali Ranjha, brother of N-League MPA Manazir Ranjha called on Speaker Punjab Assembly Ch Parvez...

Updated 27 Sep, 2020 02:57am

Energy

'Biomass power plants produce low-cost electricity'

LAHORE: The cost of electricity from a biomass-to-electricity power plant is less than solar and wind power plants,...

Published 27 Sep, 2020 02:33am

Commodities

China's steel futures jump 3pc

BEIJING/NINGBO: Stainless steel futures on China's Shanghai Futures Exchange (ShFE) jumped nearly 3% on Thursday,...

Published 27 Sep, 2020 02:33am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Saturday (September 26, 2020)....

Published 27 Sep, 2020 02:33am

Cotton & Textile

Bullish trend witnessed on cotton market

KARACHI: The local cotton market remained bullish on Saturday after the release of the report which claims that...

Published 27 Sep, 2020 02:33am

Reopening of primary schools: Decision to be taken after NCOC meeting: Shafqat

LAHORE: Federal Minister for Education, Shafqat Mehmood said on Saturday that the decision to re-open primary ...

Updated 27 Sep, 2020 02:58am

Buzdar vows to safeguard rights of sugarcane growers

LAHORE: Punjab Chief Minister Sardar Usman Buzdar has said that rights of sugarcane growers will be safeguarded and...

Updated 27 Sep, 2020 02:58am

'PTI govt has pushed country into a debt trap'

LAHORE: Expressing concern over the state of country's economy under the present regime, Pakistan Muslim ...

Updated 27 Sep, 2020 02:58am

Commodities

Gold prices drop

KARACHI: Gold on Saturday further went down by Rs400 to Rs111400 per tola on the local market, traders said. Gold ...

Published 27 Sep, 2020 02:33am

CM inaugurates Manora Beach Road

KARACHI: Sindh Chief Minister Syed Murad Ali Shah said in the Rs1.1 trillion Karachi package most of the projects ...

Updated 27 Sep, 2020 02:59am

PM's address represents Muslim world's feelings: Sarwar

LAHORE: Terming Imran Khan's address in UN Assembly as true representation of the entire Muslim population, Governor...

Updated 27 Sep, 2020 02:59am

Exchange

Shehbaz meets Hamza in jail

LAHORE: Pakistan Muslim League Nawaz (PML-N) President, Shehbaz Sharif met his son, Hamza Shehbaz, at Kot Lakhpat...

Published 27 Sep, 2020 02:33am

Book by Ilma University dean

KARACHI: Dr Asif Kamran, Dean, Faculty of Management Sciences at Ilma University, has written a book titled...

Published 27 Sep, 2020 02:33am

SHC grants stay to Reckitt Benckiser

KARACHI: The Sindh High Court (SHC) has granted stay to Reckitt Benckiser Pakistan Limited against payment of Gas...

Published 27 Sep, 2020 02:33am

Rates.Ports

World Shipping Schedule

KARACHI: Karachi Port's world-wide shipping schedule beginning Saturday (September 26, 2020)....

Published 27 Sep, 2020 02:33am

The Weather

KARACHI: The weather report on Saturday (September 26, 2020) and the forecast for Sunday (September 27, 2020)....

Published 27 Sep, 2020 02:33am

Rates.Bullion

Bullion Rates

KARACHI: Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (September 26, 2020)....

Published 27 Sep, 2020 02:33am

KE raises points to protect exclusivity

ISLAMABAD: Karachi Electric (KE) has accused National Electric Power Regulatory Authority (Nepra) of being " unfair"...

Published 27 Sep, 2020 02:33am

Exchange

Data leak: IHC bars SECP from taking action against additional director

ISLAMABAD: Islamabad High Court (IHC) barred the Securities and Exchange Commission of Pakistan (SECP) from taking...

Published 27 Sep, 2020 02:33am

Sheikh Rashid raises 10 questions

LAHORE: Federal Minister for Railways Sheikh Rashid Ahmed on Saturday posed 10 questions to Quaid of Pakistan Muslim...

Published 27 Sep, 2020 02:33am

Fazl, Nawaz discuss situation

ISLAMABAD: Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman on Saturday discussed the "action plan" of...

Published 27 Sep, 2020 02:33am

Shehbaz defends Nawaz's speech

LAHORE: Pakistan Muslim League Nawaz (PML-N) president Shehbaz Sharif said on Saturday that the opposition will not...

Published 27 Sep, 2020 02:33am

SPI up 0.32pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended September 24, 2020, recorded an increase of 0.32...

Published 27 Sep, 2020 02:33am

US bans technology sales to Chinese semiconductor giant

WASHINGTON: Washington has ordered US companies to seek permission before selling their technologies to Chinese...

Published 27 Sep, 2020 02:33am

Investment in aviation industry: Aviation Division gives tax incentive plan to FBR

ISLAMABAD: The Aviation Division has provided a tax incentive plan to the Federal Board of Revenue (FBR) for...

Published 27 Sep, 2020 02:33am

Principal on loan obligations: Rs651bn payments deferred by banks for a year: IMF

ISLAMABAD: Under the State Bank of Pakistan's temporary regulatory measures, banks have deferred a total of Rs651...

Updated 27 Sep, 2020 02:53am

Abdullah is due tomorrow

ISLAMABAD: The head of Afghan High Council for National Reconciliation, Abdullah Abdullah, will arrive here tomorrow...

Updated 27 Sep, 2020 02:54am

Crowds in masks pack out China auto show after virus delay

BEIJING: Crowds packed a mega motor show in Beijing on Saturday -- the only major international auto event this year...

Updated 27 Sep, 2020 02:54am

China to build country's largest LNG reserve base: state media

SHANGHAI: China is building its largest liquefied natural gas (LNG) reserve base in its eastern Jiangsu province,...

Updated 27 Sep, 2020 02:55am

Lebanon PM designate bows out after failing to form cabinet

BEIRUT: Lebanon's premier-designate stepped down Saturday, saying he had been unable to form a reform-minded...

Updated 27 Sep, 2020 02:55am

Elections in GB: Joint opposition to stay away from meeting called by NA Speaker

ISLAMABAD: The joint opposition has decided to stay away from a meeting of the parliamentary leaders convened by the...

Updated 27 Sep, 2020 02:56am

Trump to name Amy Coney Barrett to US Supreme Court: reports

WASHINGTON: US President Donald Trump is set to unveil his Supreme Court nominee on Saturday, barely five weeks out...

Updated 27 Sep, 2020 02:56am

Deepika Padukone questioned in drugs probe

MUMBAI: Indian police hauled in Bollywood megastar Deepika Padukone for questioning on Saturday in an escalating...

Published 27 Sep, 2020 02:33am

11 die as van catches fire

HYDERABAD: Eleven people were killed and seven others sustained burn injuries after a passenger van caught fire on...

Published 27 Sep, 2020 02:33am

India's vaccine capacity will help 'all humanity': Modi

UNITED NATIONS, United States: India as the world's biggest vaccine maker will use its resources "for all humanity"...

Published 27 Sep, 2020 02:33am

44 Indian banks involved in money laundering

NEW DELHI: Forty-four Indian banks have been flagged in connection with transactions by Indian entities and...

Published 27 Sep, 2020 02:33am

Paris suspect says wanted to go after Charlie Hebdo

PARIS: The man believed to have attacked and wounded two people with a meat cleaver on Friday is cooperating with ...

Published 27 Sep, 2020 02:33am

Talal tortured for 'harassing' woman MNA: Shahbaz Gill

LAHORE: Pakistan Tehreek-e-Insaf (PTI) senior leader and special assistant to Prime Minister Imran Khan Dr Shahbaz...

Published 27 Sep, 2020 02:33am

Dismissal of Zardari's petition: Judgement says there's no bar on NAB chief to file supplementary reference

ISLAMABAD: The Accountability Court in its detailed verdict, regarding dismissal of former president Asif Ali...

Published 27 Sep, 2020 02:33am

Farooq Abdullah on the mood in IIOJK

EDITORIAL: In August of 2019 the Modi government relegated occupied Jammu and Kashmir and its Ladakh region to the...

Published 27 Sep, 2020 02:33am

UN needs reform

EDITORIAL: There was more than a small grain of truth in Foreign Minister Shah Mehmood Qureshi's statement, during...

Published 27 Sep, 2020 02:33am

Industry

KCCI chief assures businessmen of resolving their problems

KARACHI: Incoming President of Karachi Chamber of Commerce and Industry (KCCI), Shariq Vohra has assured business...

Published 27 Sep, 2020 02:33am

Taxes

Illegal cigarette factories: FBR, AJK DIR agree to formulate joint strategy

ISLAMABAD: The Federal Board of Revenue (FBR) and Department of Inland Revenue, Azad Kashmir have agreed to ...

Published 27 Sep, 2020 02:33am

Exchange

Government committed to promoting industrialization: Alvi

ISLAMABAD: President Dr. Arif Alvi has said that government is committed to promote industrialization in the country...

Published 27 Sep, 2020 02:33am

Thai envoy addresses traders, industrialists at HCCI

HYDERABAD: Consul General of The Royal Thai Consulate-General, Karachi, Thatree Chauvachata said that they had...

Updated 27 Sep, 2020 03:04am

Lucky Cement voted Pakistan's most outstanding company

KARACHI: Lucky Cement Limited was recognized by Asiamoney under its Asia's Outstanding Companies Poll 2020 for...

Updated 27 Sep, 2020 03:06am

Currency

FPCCI recommends more incentives to spur remittances

LAHORE: Federation of Pakistan Chambers of Commerce and Industry President Mian Anjum Nisar on Saturday stressed the...

Published 27 Sep, 2020 02:33am

Industry

It is hard to blame previous government for everything: PBIF

KARACHI: Pakistan Businessmen and Intellectuals Forum (PBIF) president Mian Zahid Hussain said the current ...

Published 27 Sep, 2020 02:33am

Taxes

Submission of tax refunds: KTBA urges FBR to extend deadline

KARACHI: Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to extend the deadline...

Published 27 Sep, 2020 02:33am

Industry

'Pakistan has lowest female labour force participation rate'

LAHORE: Founder of Circle Women Association Sadaffe Abid has said that Pakistan has one of the lowest female labour...

Published 27 Sep, 2020 02:33am

Aaj TV - Sunday's Program schedule

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

Updated 27 Sep, 2020 03:01am

Industry

Automart: car prices in Karachi

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

Published 27 Sep, 2020 02:33am

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
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

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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