News Archives for Print - 2020-10-18

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Print - 2020-10-18

Beheaded France teacher had been ‘target of threats’

CONFLANS-SAINTE-HONORINE, (France): A history teacher beheaded in a Paris suburb on Friday had been the target of...

Updated 18 Oct, 2020 03:14am

Six labourers die after falling into factory tank

KARACHI: In a tragic incident, at least six labourers died after falling into the chemical tank of a factory in...

Updated 18 Oct, 2020 03:14am

Exchange

Creditors back plan to get India’s Jet Airways flying again

NEW DELHI: Creditors on Saturday backed a surprise plan by a consortium to revive Jet Airways 18 months after ...

Published 18 Oct, 2020 02:49am

Iran posts ambassador in Sanaa

TEHRAN: Tehran's new ambassador to Yemen has arrived in the rebel-held capital of the war-torn country, the Iranian...

Published 18 Oct, 2020 02:49am

Bomb Disposal Squad gets modern vehicles

LAHORE: The Punjab government has taken an important step to safeguard the lives and property of the people besides...

Updated 18 Oct, 2020 03:14am

Renowned ENT surgeon dies of coronavirus

KARACHI: A renowned ENT specialist in Karachi died of coronavirus on Saturday. Dr Usman was the first doctor at...

Updated 18 Oct, 2020 03:14am

E-Khidmat Centre starts functioning

MULTAN: Recently constructed E-Khidmat Center started functioning to offer 78 services of different nature to ...

Published 18 Oct, 2020 02:49am

IHC reserves judgment in Navy housing society case

ISLAMABAD: The Islamabad High Court Saturday reserved judgment in construction of the Navy Sailing Club and housing...

Published 18 Oct, 2020 02:49am

Names of 5,807 people removed from blacklist

ISLAMABAD: The Ministry of Interior has removed the names of 5,807 people from the list of 42,725 blacklisted...

Published 18 Oct, 2020 02:49am

London Court freezes six trust properties under MQM founder’s control

LONDON: A High Court Judge has ordered to freeze all six trust properties controlled by the Muttahida Qaumi Movement...

Published 18 Oct, 2020 02:49am

Armenia, Azerbaijan agree to declare ‘humanitarian truce’

STEPANAKERT, (Azerbaijan): The foreign ministries of Armenia and Azerbaijan said they would declare a "humanitarian...

Published 18 Oct, 2020 02:49am

Letters

Karachi package

This is apropos a Business Recorder news item “Pasha explains how he looks at Rs1.1trn Karachi package” carried...

Published 18 Oct, 2020 02:49am

Four years on, Arizona rancher still ‘tickled pink’ by Trump

In 2016, Arizona rancher Jim Chilton was so excited about the election of Donald Trump as president that he said his...

Published 18 Oct, 2020 02:49am

Pakistan’s ‘Gul-dozer’ calls time on topsy-turvy journey

Pakistan bowler Umar Gul, who earned the nickname ‘Gul-dozer’ for his rattling of stumps, has called time on his...

Published 18 Oct, 2020 02:49am

As US battles Covid-19, flu shot misinfo spreads

US health officials are pushing Americans to get vaccinated against the flu to help prevent hospitals already busy...

Published 18 Oct, 2020 02:49am

Cotton

Cotton: crop of yesterday?

The declining trend of cotton production in Pakistan continues. Early estimates suggest that cotton production would...

Published 18 Oct, 2020 02:49am

Commodities

Gold price falls

KARACHI: Gold price on Saturday declined by Rs 450 to Rs 115,650 per tola on the local market, traders said. Price...

Published 18 Oct, 2020 02:49am

PIA to resume UK operations by 30th

KARACHI: Pakistan International Airlines (PIA) has announced to resume its UK operations through European airlines...

Updated 18 Oct, 2020 03:14am

PM’s affordable housing scheme praised

KARACHI: President Pakistan Businessmen and Intellectuals Forum Mian Zahid Hussain said Prime Minister Imran Khan is...

Updated 18 Oct, 2020 03:14am

Farogh blames ‘corrupt political leadership’ for present crisis

KARACHI: Federal Law Minister Farogh Naseem on Saturday said that corrupt political leadership can’t be accepted ...

Updated 18 Oct, 2020 03:14am

FPCCI election: UBG to discuss strategy on 24th

KARACHI: United Business Group (UBG) has called meeting of the group in Lahore on October 24 to discuses group...

Updated 18 Oct, 2020 03:14am

Bid to smuggle Houbara bustards, falcons foiled

KARACHI: Pakistan Customs on Saturday claimed to have recovered from DHA here a large number of exotic birds...

Updated 18 Oct, 2020 03:14am

Pakistan should not sign WTO’s ITA: PBC’s advice

KARACHI: The Pakistan Business Council, based on its detailed study of the advantages and disadvantages of accession...

Published 18 Oct, 2020 02:49am

Audit observations amounting to Rs9,274.6m detected in MoFA

ISLAMABAD: The Auditor General of Pakistan (AGP) has detected audit observations amounting to Rs9,274.666 million,...

Updated 18 Oct, 2020 03:14am

Water & power sector entities: AGP identifies 447 cases of malfeasance involving over Rs4trn

ISLAMABAD: The Auditor General of Pakistan has identified 447 cases of embezzlement, misappropriation, fraud,...

Updated 18 Oct, 2020 03:23am

Currency

Embezzlement, mismanagement in accounts of MoNFS&R

ISLAMABAD: The Auditor-General of Pakistan has detected massive embezzlement, mismanagement and irregularities in ...

Updated 18 Oct, 2020 03:23am

Maryam to reach Karachi today for PDM meeting

LAHORE: Pakistan Muslim League-Nawaz (PML-N) Vice-President Maryam Nawaz will reach Karachi on Sunday (today) to...

Updated 18 Oct, 2020 03:23am

FY2019-20: AGP unearths irregularities in accounts of MoCC

ISLAMABAD: The Auditor General of Pakistan (AGP) has unearthed irregularities of millions of rupees including...

Updated 18 Oct, 2020 03:23am

Huge crowds help swell Nigeria police brutality protest

LAGOS: Nigerians flocked on to the streets of the biggest city Lagos on Saturday to join mounting protests against...

Published 18 Oct, 2020 02:49am

Anti-Trump women’s rallies draw thousands

WASHINGTON: Thousands of protesters marched in Washington and elsewhere in the United States on Saturday to protest...

Published 18 Oct, 2020 02:49am

Two foreign ministers test positive

VIENNA: The foreign ministers of Austria and Belgium have tested positive for coronavirus after attending a meeting...

Published 18 Oct, 2020 02:49am

Paris under curfew as Europe battles soaring virus caseload

PARIS: Millions of Europeans on Saturday faced tough new coronavirus restrictions as governments try to combat...

Published 18 Oct, 2020 02:49am

Jacinda wins landslide in NZ’s ‘Covid election’

WELLINGTON: Prime Minister Jacinda Ardern won a landslide victory in New Zealand’s general election on Saturday,...

Published 18 Oct, 2020 02:49am

Grains

Wheat futures hit 2014 high

CHICAGO: US wheat futures surged to their highest prices in nearly six years on Friday as dry weather in key growing...

Published 18 Oct, 2020 02:49am

Tens of thousands of Thais protest

BANGKOK: Tens of thousands of Thai pro-democracy protesters rallied across Bangkok Saturday, defying an emergency...

Published 18 Oct, 2020 02:49am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Saturday (October 17, 2020)....

Published 18 Oct, 2020 02:49am

Cotton & Textile

Cotton spot rate falls by Rs100 to Rs9800

KARACHI: The Spot Rate Committee of the Karachi Cotton Association on Saturday has decreased the spot rate by Rs 100...

Published 18 Oct, 2020 02:49am

Protesting LHWs continue sit-in at D-Chowk

ISLAMABAD: The protesting lady health workers (LHWs) continued their sit-in at D-Chowk on Saturday, and decided to...

Published 18 Oct, 2020 02:49am

JI chief for introducing structural reforms, changing entire system

LAHORE: Jamaat-e-Islami chief Senator Sirajul Haq has said that people of Pakistan remained the most neglected in...

Published 18 Oct, 2020 02:49am

Commodities

Notification issued for starting crushing season from Nov 15

LAHORE: The Food Department Punjab on Saturday issued a notification with regard to start of crushing season 2020-21...

Published 18 Oct, 2020 02:49am

Capital witnesses increase in street crimes

ISLAMABAD: The federal Capital witnessed an increase in street crimes as over eight cases of robbery and theft, nine...

Published 18 Oct, 2020 02:49am

Investment adversely affected: ‘BoI not preparing financial statements, annual reports’

ISLAMABAD: The Auditor General of Pakistan has observed that non-finalization of audited financial statements and...

Published 18 Oct, 2020 02:49am

Pakistan striving for peace, prosperity in region: SAPM Moeed

LAHORE: Special Assistant to Prime Minister (SAPM) on National Security and Strategic Policy Planning, Dr Moeed...

Published 18 Oct, 2020 02:49am

CDA removes encroachments, illegal constructions

ISLAMABAD: The Enforcement Directorate of Capital Development Authority (CDA) on Saturday conducted a large scale...

Published 18 Oct, 2020 02:49am

Proceedings adjourned in reference against Shehbaz Sharif

LAHORE: An accountability court on Saturday adjourned the proceedings in a reference against leader of opposition in...

Published 18 Oct, 2020 02:49am

Governor slams opposition for criticising institutions

LAHORE: Punjab Governor Chaudhry Muhammad Sarwar has said that those who have conspired to weaken Pakistan’s armed...

Published 18 Oct, 2020 02:49am

Currency

Audit report 2019-20: Irregularities detected in interior ministry

ISLAMABAD: The Auditor General of Pakistan has detected financial embezzlement, mismanagement, and irregularities of...

Published 18 Oct, 2020 02:49am

AAJ PROGRAM SCHEDULE

Sunday, October 18, 2020 TIMING PROGRAM TITLE 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55 HEADLINE...

Published 18 Oct, 2020 02:49am

The Weather

KARACHI: The weather report on Saturday (October 17, 2020) and the forecast for Sunday (October 18, 2020)....

Published 18 Oct, 2020 02:49am

Rates.Bullion

Bullion Rates

KARACHI: Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (October 17, 2020)....

Published 18 Oct, 2020 02:49am

China’s economy to pick up pace in Q3

BEIJING: China's economic recovery gathered pace in the third quarter, according to an AFP poll of analysts, with...

Updated 18 Oct, 2020 03:10am

Cotton

Jul–Sept exports up 5.01pc YoY

ISLAMABAD: The country’s exports during September 2020 amounted to Rs313,324 million (provisional) against...

Published 18 Oct, 2020 02:49am

Prices of essential kitchen items witness increase

ISLAMABAD: Prices of essential kitchen items have witnessed further hike during this week past against the preceding...

Published 18 Oct, 2020 02:49am

PM says wheat being imported to overcome shortage

ISLAMABAD: The prime minister said the government needed support of the Tiger Force in plantation of trees to deal...

Published 18 Oct, 2020 02:49am

Punjab to receive wheat as ship has berthed at Karachi

KARACHI: Following the directives of the federal government, the Trading Corporation of Pakistan (TCP) has decided ...

Published 18 Oct, 2020 02:49am

PM urges judiciary to bring corruption cases to conclusion

ISLAMABAD: Prime Minister Imran Khan termed the Pakistan Democratic Movement (PDM) Gujranwala jalsa a “circus”,...

Published 18 Oct, 2020 02:49am

Currency

Turkey says Black Sea gas find bigger than first thought

ISTANBUL: Turkish President Recep Tayyip Erdogan said Saturday that a vast natural gas field discovered in the Black...

Published 18 Oct, 2020 02:49am

Exchange

Soldier martyred near Turbat: ISPR

TURBAT: In another cowardly attack on security forces in Balochistan, a Pakistan Army soldier embraced martyrdom...

Published 18 Oct, 2020 02:49am

PPP’s Sherry criticises govt for not laying Island Ordinance

ISLAMABAD: The parliamentary leader of Pakistan People’s Party (PPP) in Senate Sherry Rehman on Saturday flayed ...

Published 18 Oct, 2020 02:49am

Rs250bn released in 6 months: ‘Faster Plus’ world’s best system for GST refunds: FBR Member

KARACHI: Member IR Operations, Federal Board of Revenue (FBR) Dr Muhammad Ashfaq Ahmed Saturday said that the ...

Published 18 Oct, 2020 02:49am

Pakistan rejects Armenian PM’s comments

ISLAMABAD: Pakistan Saturday categorically rejected the baseless and unwarranted comments made by Armenian prime...

Published 18 Oct, 2020 02:49am

FIA arrests ex-PIA MD Ijaz Haroon

KARACHI: The Federal Investigation Agency (FIA) Corporate Crime Circle on Saturday arrested the former managing...

Published 18 Oct, 2020 02:49am

Eid Milad on 30th: Rabi-ul-Awwal moon not sighted

ISLAMABAD: Eid Milad-un-Nabi (PBUH) would be observed on October 30 (Friday) as the Rabi ul Awwal crescent has not...

Published 18 Oct, 2020 02:49am

Pak-India ties: FO rejects Indian minister’s comments

ISLAMABAD: Foreign Office on Saturday refuted the Indian minister for external affairs Jaishankar’s ‘unwarranted...

Published 18 Oct, 2020 02:49am

India’s fallacious claims

EDITORIAL: Ill-conceived policies having landed them in a bind, Indian rulers are spinning a self-serving narrative...

Published 18 Oct, 2020 02:49am

Concerns about food security

EDITORIAL: The Asian Development Bank’s (ADB’s) latest brief, ‘Impact of Covid-19 and Locust Swarms on Farm...

Published 18 Oct, 2020 02:49am

Industry

Pakistan Association of Food Industries formed

KARACHI: The leading national and multi-national food-enterprises operating in Pakistan have formed Pakistan...

Published 18 Oct, 2020 02:49am

Taxes

FBR issues time limits for notifying IT return form

ISLAMABAD: The Federal Board of Revenue (FBR) has issued time limits for notifying the income tax return form. The...

Published 18 Oct, 2020 02:49am

Industry

‘Govt should support furniture sector to enhance export’

LAHORE: President of the Lahore Chamber of Commerce and Industry Mian Tariq Misbah on Saturday said that Pakistan ...

Published 18 Oct, 2020 02:49am

Industry

Automart: car prices in Karachi

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

Updated 19 Oct, 2020 11:03pm

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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