News Archives for Print - 2020-12-07

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Print - 2020-12-07

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 07 Dec, 2020 03:11am

Rates.The Rupee

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (November 30 to...

Published 07 Dec, 2020 03:11am

Former Uruguay president Tabare Vazquez dies

MONTEVIDEO: Former Uruguayan President Tabare Vazquez died Sunday at the age of 80 from lung cancer, his family...

Published 07 Dec, 2020 03:11am

PDM's threat to get resignations merely a joke: Awan

LAHORE: Special Assistant to the Chief Minister on Information Dr Firdous Ashiq Awan has said that PDM's threat to...

Published 07 Dec, 2020 03:11am

Customs seizes smuggled vehicles worth Rs120 million

ISLAMABAD: In line with the vision and directives of the Prime Minister of Pakistan to curb the menace of smuggling,...

Published 07 Dec, 2020 03:11am

Education: Govt does not take any unilateral decision: minister

ISLAMABAD: Federal Minister for Education Shafqat Mehmood on Sunday said the federal government did not take any...

Published 07 Dec, 2020 03:11am

Ex-Pindi corps commander dies of coronavirus

RAWALPINDI: Former Corps Commander Rawalpindi and ex-chairman Azad Jammu and Kashmir Public Service Commission ...

Published 07 Dec, 2020 03:11am

Charna Island: DG EPA Balochistan takes notice of coral bleaching

QUETTA: Director General Environmental Protection Agency (DG EPA) Balochistan Mohammad Jahangir Kakar has taken...

Published 07 Dec, 2020 03:11am

Pak Navy ship TABUK visits Turkey

ISLAMABAD: Recently commissioned Pakistan Navy Ship TABUK, visited Port Aksaz, Turkey on her return passage to...

Updated 07 Dec, 2020 03:36am

Islamic heritage sites in India: Pakistan seeks world community help

ISLAMABAD: Pakistan on Sunday called upon the international community, the United Nations and relevant international...

Published 07 Dec, 2020 03:11am

Blasphemous caricatures: Pakistan endorses Sheikhul Azhar decision

ISLAMABAD: Chairman Pakistan Ulema Council, Special Representative to Prime Minister on Interreligious Harmony, ...

Published 07 Dec, 2020 03:11am

Pakistan, Nepal: Chinese minister's visits termed great significance

BEIJING: Chinese Defence Minister, Gen. Wei Fenghe's last week visits to Pakistan and Nepal was of great practical...

Published 07 Dec, 2020 03:11am

Munir Akram meets UNCTED official

ISLAMABAD: Pakistan's Permanent Representative to the United Nations Munir Akram held a meeting with Executive...

Published 07 Dec, 2020 03:11am

Covid-19 will be more aggressive in January: Qureshi

MULTAN: Foreign Minister Makhdoom Shah Mahmood Hussain Qureshi Sunday said that Pakistan Democratic Movement (PDM)...

Published 07 Dec, 2020 03:11am

Nawaz lashes out at 'undemocratic forces'

LAHORE: In his back-to-back tirade, former Prime Minister Nawaz Sharif has once again hit hard the military...

Published 07 Dec, 2020 03:11am

PTI government failed to provide relief: QWP

PESHAWAR: Qaumi Watan Party (QWP) provincial Chairman Sikandar Hayat Khan Sherpao on Sunday said the Pakistan...

Published 07 Dec, 2020 03:11am

Shibli terms political gatherings Covid-19 spreader

ISLAMABAD: Minister for Information and Broadcasting Senator Shibli Faraz calling the political gatherings as...

Updated 07 Dec, 2020 03:39am

49th martyrdom day of Major Shabbir observed

ISLAMABAD: The 49th martyrdom Day of 1971 war hero Major Shabbir Sharif Shaheed Nishan-e-Haider was observed on...

Updated 07 Dec, 2020 03:38am

The Weather

KARACHI: The weather report on Sunday (November 6, 2020) and the forecast for Monday (November 7, 2020)....

Published 07 Dec, 2020 03:11am

Record US virus cases as reports say British queen to get vaccine soon

WASHINGTON: The United States notched a record number of coronavirus cases in 24 hours for the third day running, as...

Published 07 Dec, 2020 03:11am

Europe

Liberals tipped to win as Romanians vote in shadow of pandemic

BUCHAREST: Romanians voted in parliamentary elections on Sunday, with the governing pro-European liberals expected ...

Published 07 Dec, 2020 03:11am

Africa

Cameroon holds first regional vote despite boycott

DOUALA: Cameroon on Sunday held its first indirect regional elections that the long-serving president called partly...

Published 07 Dec, 2020 03:11am

Trump says 'we're winning this election' at first post-poll rally

VALDOSTA, (United States): Donald Trump launched into another litany of baseless claims that the US presidential...

Published 07 Dec, 2020 03:11am

Australia bushfire threatens township on World Heritage-listed Fraser island

MELBOURNE: Residents of a coastal township on Australia's World Heritage-listed Fraser Island were told to evacuate...

Published 07 Dec, 2020 03:11am

Europe

Belarus opposition rallies in scattered protests

MINSK: Opposition protesters in Belarus rallied Sunday in the latest of nearly four months of demonstrations against...

Published 07 Dec, 2020 03:11am

USA

Three generations, one roof: US trend amplified in pandemic

POTOMAC, (United States): After separating from her husband in 2007, Katie Marcoux and her two young daughters moved...

Published 07 Dec, 2020 03:11am

Peru farmworkers block Pan-American Highway again in pay dispute

ICA, (Peru): Striking Peruvian workers temporarily erected new blockades on the Pan-American Highway on Saturday, a...

Published 07 Dec, 2020 03:11am

Thousands protest in London against India's farming reforms

LONDON: Thousands of people protested in central London on Sunday over Indian agricultural reforms that have...

Published 07 Dec, 2020 03:11am

Asia

Japan space agency hails return of asteroid dust on Earth

TOKYO: Japan space agency officials on Sunday hailed the arrival of rare asteroid samples on Earth after they were...

Published 07 Dec, 2020 03:11am

Middle East

Egypt's Sisi arrives in France for controversial visit

PARIS: Egyptian President Abdel Fattah al-Sisi on Sunday began a three-day state visit to France, with activists...

Published 07 Dec, 2020 03:11am

Middle East

Kuwait opposition makes strong gains in parliamentary elections

KUWAIT CITY: Kuwait's opposition took nearly half of parliament's seats in weekend polls amid calls for reforms over...

Published 07 Dec, 2020 03:11am

Europe

Thousands in Moldova call for government's resignation

CHISINAU: Thousands of protesters rallied in the Moldovan capital Sunday to demand the government's resignation and...

Published 07 Dec, 2020 03:11am

Europe

Germany's Bavaria sharpens curbs as virus marches on

BERLIN: Germany's Bavaria region announced tougher coronavirus rules including local curfews and partial school...

Published 07 Dec, 2020 03:11am

Middle East

Abraham Accords are 'opportunity' for Palestinians: Israel

MANAMA: The landmark Abraham Accords that Israel has struck with two Gulf states are an opportunity for the...

Published 07 Dec, 2020 03:11am

Maduro eyes victory as Venezuela polls open despite opposition boycott

CARACAS: Polls opened Sunday in legislative elections set to tighten Venezuelan President Nicolas Maduro's grip on...

Published 07 Dec, 2020 03:11am

Electricity supply to AJK: FD to devise formula to release dues of 3 Discos: Nepra

ISLAMABAD: Finance Division (FD) is to devise a comprehensive formula to release over Rs150 billion outstanding...

Published 07 Dec, 2020 03:11am

Oxygen shortage leaves six Covid-19 patients dead

PESHAWAR: At least six Covid-19 patients died after "criminal negligence" resulted in a delayed supply of oxygen to...

Published 07 Dec, 2020 03:11am

PM rules out lockdown option

ISLAMABAD: Dismissing the possibility of a blanket lockdown across Pakistan, Prime Minister Imran Khan on Sunday in ...

Published 07 Dec, 2020 03:11am

Indonesia minister held over pandemic aid corruption

JAKARTA: Indonesia's social affairs minister was arrested Sunday for allegedly taking $1.2 million in bribes linked...

Published 07 Dec, 2020 03:11am

Two sisters inadvertently cross into IIOJK

ISLAMABAD: Two sisters hailing from Abbaspur area of Azad Jammu and Kashmir's (AJK's) inadvertently crossed the Line...

Updated 07 Dec, 2020 03:33am

Rates.BR Index

KSE-100 index surges: BRIndex100 gains 160.32 points

KARACHI: Pakistan Stock Exchange witnessed bullish trend during the outgoing week ended Dec 04, on the back of...

Published 07 Dec, 2020 03:11am

Rates.BR Index

Futures spread remains thin

KARACHI: The futures spread declined by 91bps to 7.44 percent on the last day of outgoing week. Trading activities...

Published 07 Dec, 2020 03:11am

Deadline for filing of tax returns: Tax experts question wisdom of FBR authorities

ISLAMABAD: Quoting the example of neighbouring India's tax collecting authorities that have extended the deadline ...

Published 07 Dec, 2020 03:11am

July-December 2020: FBR has to collect Rs2,210bn to meet revenue target

ISLAMABAD: The Federal Board of Revenue (FBR) has to meet the ambitious revenue collection target of Rs 2,210 ...

Published 07 Dec, 2020 03:11am

Business & Finance: USA, UK and Germany top destinations of exports in 4 months

ISLAMABAD: United States of America (USA) remained the top export destinations of the Pakistani products during the...

Published 07 Dec, 2020 03:11am

Commodities

Nippon Steel plans to boost overseas capacity, scale down at home

TOKYO: Nippon Steel Corp is planning to raise output capacity in overseas markets such as India and the United ...

Published 07 Dec, 2020 03:11am

Energy

Oman sets up new energy company to raise capital

DUBAI: Oman has set up a new state energy company which will own part of the Gulf nation's largest oil block and be...

Published 07 Dec, 2020 03:11am

Stocks

Wall Street week ahead: After blazing energy rally, investors check the fuel gauge

NEW YORK: Investors are gauging how far a rally in beaten-down energy shares could run, as an expected recovery for...

Published 07 Dec, 2020 03:11am

Stocks

Global stocks bull run to race on, spurred by cheap cash, vaccine hopes

LONDON/BENGALURU: The blistering rally in global stock markets is set to continue for at least six months, albeit at...

Published 07 Dec, 2020 03:11am

Stocks

Qatari shares rise on hopes of end to Gulf rift

• Dubai stock market outperforms Gulf region • Saudi index extends losses for a fourth session Dubai: Qatari...

Published 07 Dec, 2020 03:11am

Stocks

S&P Dow Jones Indices to launch cryptocurrency indexes in 2021

LONDON: S&P Dow Jones Indices, a division of financial data provider S&P Global Inc, said on Thursday that ...

Published 07 Dec, 2020 03:11am

Stocks

Flirting with record highs: European stocks back to normal in 2021

LONDON/MILAN: Optimism around vaccine developments and expectations of a strong bounce in corporate confidence and...

Published 07 Dec, 2020 03:11am

Last-ditch effort to save Brexit trade talks from failure

BRUSSELS: British and EU negotiators embarked on probably their final two-day scramble to secure a post-Brexit trade...

Published 07 Dec, 2020 03:11am

'Senate will now hold NAB accountable,' says Mandviwalla

ISLAMABAD: Deputy Chairman Senate Saleem Mandviwalla on Sunday declared 'war' on National Accountability Bureau...

Published 07 Dec, 2020 03:11am

Pakistan Int'l Squash Tournament begins

KARACHI: The Pakistan Squash Federation (PSF) in collaboration with Pakistan Air Force will be organizing Pakistan...

Published 07 Dec, 2020 03:11am

'Govt completes work on CDT at Nullah Lai'

RAWALPINDI: Commissioner Rawalpindi, Capt Muhammad Mehmood (retd) on Sunday said that the government has completed...

Published 07 Dec, 2020 03:11am

Biden administration unlikely to mediate on Kashmir: AJK president

MIRPUR (AJK): Azad Jammu and Kashmir President Sardar Masood Khan Sunday said that the possibility of mediation on...

Published 07 Dec, 2020 03:11am

CTD officer dies of Covid-19 in Karachi

KARACHI: A Counter-Terrorism Department police officer died of coronavirus in Karachi on Sunday. According to the...

Published 07 Dec, 2020 03:11am

Cotton & Textile

Weekly Cotton Review: Market, rate remain stable

KARACHI: Drastic decrease in the production of cotton. The rate of cotton remained stable. There is a need to take...

Published 07 Dec, 2020 03:11am

Energy

SNGPL reduces UFG losses by 1.60 percent

LAHORE: In a major development, Sui Northern Gas Pipelines Limited (SNGPL) has announced significant reduction in ...

Published 07 Dec, 2020 03:11am

Grains

Prices of essential kitchen items remain 'sky-high'

PESHAWAR: Prices of important kitchen items, like chicken meat, eggs, vegetables, pulses and others have remained...

Published 07 Dec, 2020 03:11am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time)

Updated 07 Dec, 2020 03:44am

Energy

India to allow relinquished coal-fired plants to sell power

BENGALURU: India's power ministry proposes letting coal-fired power plants keep selling power after completing their...

Published 07 Dec, 2020 03:11am

Why Secretary AD transferred?

ISLAMABAD: Secretary Aviation Division, Hassan Nasir Jamy, has reportedly been transferred due to serious ...

Published 07 Dec, 2020 03:11am

Indicators show strong showing despite Covid-19: minister

ISLAMABAD: Despite challenges faced on domestic and external fronts, particularly in the wake of the second wave of...

Published 07 Dec, 2020 03:11am

China completes its first-ever docking in lunar orbit

SHANGHAI: A Chinese probe carrying samples from the lunar surface successfully docked Sunday with a spacecraft...

Published 07 Dec, 2020 03:11am

Saudi, Israeli officials spar at regional conference

MANAMA: An influential Saudi prince launched a bitter attack on Israel at a regional conference Sunday, drawing...

Published 07 Dec, 2020 03:11am

Letters

'G-B's status'

This is apropos a Business Recorder op-ed "G-B's status" carried by the newspaper on Thursday. The writer, Muhammad...

Updated 07 Dec, 2020 03:43am

Desperate and deadly

It is do or die. Rather do and die. After coronavirus, 'Trump virus' has reached Pakistan. Coronavirus does not...

Published 07 Dec, 2020 03:11am

China's new growth paradigm

At the end of October 2020, the Proposals of Formulating the Fourteenth Five-Year Plan for National Economic and...

Updated 08 Dec, 2020 02:44pm

Race for the vaccine

EDITORIAL: First things first. The head of the World Health Organisation (WHO) has warned that the poor risk being...

Published 07 Dec, 2020 03:11am

Investigating Nandipur project again

EDITORIAL: The Nandipur project is such an epic tale of shady deals, political overreach, corruption, even...

Published 07 Dec, 2020 03:11am

Senate, general elections to be held on time: governor

LAHORE: Punjab Governor Chaudhry Muhammad Sarwar has said that the dream of the opposition to overthrow the...

Published 07 Dec, 2020 03:11am

CM approves special development package for Lahore

LAHORE: Punjab Chief Minister Sardar Usman Buzdar has approved a special development package for Lahore worth...

Published 07 Dec, 2020 03:11am

Punjab Institute of Neuro Sciences: Punjab sanctions post of Prof for paediatric neurosurgery department

LAHORE: The Punjab government has sanctioned the post of Prof of Paediatric Neurosurgery for setting up paediatric...

Published 07 Dec, 2020 03:11am

Grains

Egypt to plant 3.5 million feddans of wheat in current season

CAIRO: Egypt aims to plant 3.5 million feddans (3.63 million acres) of wheat in the current season, an agriculture...

Published 07 Dec, 2020 03:11am

Energy

Iran prepares to raise oil exports if sanctions eased

TEHRAN: Iran has instructed its oil ministry to prepare installations for production and sale of crude oil at full...

Published 07 Dec, 2020 03:11am

Pandemic sends hunger rising in America, and children bear the brunt

Before the pandemic closed her middle school and US immigration agents deported her father to El Salvador, Kimberly...

Published 07 Dec, 2020 03:11am

Money & Banking

Philippines launches new long-term US dollar bonds issue

MANILA: The Philippine government launched an offering of 10.5-year and 25-year US dollar-denominated bonds on...

Published 07 Dec, 2020 03:11am

Money & Banking

African currencies week ahead: Kenyan, Ugandan currencies seen stable, Zambian weaker

NAIROBI: Kenya's and Uganda's currencies are expected to remain stable in the coming week. Zambia's is expected to ...

Published 07 Dec, 2020 03:11am

Money & Banking

JD.com becomes first online platform to accept China's digital currency

SHANGHAI: Chinese e-commerce company JD.com Inc said on Saturday it has become the country's first virtual platform...

Published 07 Dec, 2020 03:11am

Industry

Australian, Japanese companies study deep sea carbon capture project off Australia

MELBOURNE: An Australian company has lined up the country's national science agency and Japanese firms to work on a...

Published 07 Dec, 2020 03:11am

Taxes

Spain ex-king submits papers to sort out tax affairs

MADRID: Spain's scandal-hit former king Juan Carlos I has submitted a declaration to the Spanish tax office seeking...

Published 07 Dec, 2020 03:11am

Money & Banking

ECB to beef up stimulus

FRANKFURT AM MAIN: The European Central Bank is set to unleash more stimulus for the eurozone at its last meeting of...

Published 07 Dec, 2020 03:11am

Industry

Battle on for global security giant G4S

LONDON: British security giant G4S, a guardian of sites worldwide including prisons, offices and Covid test-centres,...

Published 07 Dec, 2020 03:11am

Industry

PRGMEA urges PM to declare Sialkot 'value-added city'

LAHORE: The Pakistan Readymade Garments Manufacturers & Exporters Association has proposed that Prime Minister...

Published 07 Dec, 2020 03:11am

Industry

Hyderabad Site area: HCSTSI voices concern over dilapidated condition

HYDERABAD: President Hyderabad Chamber of Small Traders and Small Industry (HCSTSI), Saleemuddin Qureshi while...

Published 07 Dec, 2020 03:11am

Taxes

Filing of income tax returns: Hafeez, FBR urged to extend deadline by two months

KARACHI: President Federation of Pakistan Chambers of Commerce & Industry (FPCCI), Mian Anjum Nisar and its Vice...

Published 07 Dec, 2020 03:11am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 2	281.13
USD PKR Interbank Buying / May 2	280.93
USD to Japanese Yen / May 2	144.96
USD to Swiss Franc / May 2	0.83
Pound Sterling to USD / May 2	1.33
Euro to USD / May 2	1.13
UK LIBOR % / May 2	4.96

Stock	Volume
S&P 500 / May 2	5,686.67
India Sensex / May 2	80,501.99
Tokyo Nikkei / May 2	36,830.69
Nasdaq / May 2	17,977.73
Hang Seng / May 2	22,504.68
FTSE 100 / May 2	8,596.35
Dow Jones / May 2	41,317.43
Germany DAX 30 / May 2	22,086.65
France CAC40 / May 2	7,770.48

Item	Value
Crude Oil USD/Barrel / May 2	58.29
Karachi Cotton PKR/37.32 KG / May 2	16,985
Gold 10 Grams PKR / May 2	295,353
Gold Spot USD/Ounce / May 2	3,240.49
Cotton US¢/pound / May 2	68.41
Petrol/Litre / May 5	252.63
Diesel/Litre / May 5	256.64

Gainers
Losers
Leaders

Stock	Price
Dewan Mushtaq / May 5 Dewan Mushtaq Textile Mills Limited(DMTM)	8.96 ▲ 1 (12.56%)
Dost Steels Ltd. / May 5 Dost Steels Limited(DSL)	8.80 ▲ 0.83 (10.41%)
PICIC Ins.Ltd. / May 5 PICIC Insurance Limited(PIL)	3.56 ▲ 0.33 (10.22%)
First Elite Cap.Mod / May 5 First Elite Capital Modaraba(FECM)	15.35 ▲ 1.4 (10.04%)
Bawany Air Products / May 5 Bawany Air Products Limited(BAPL)	30.75 ▲ 2.8 (10.02%)
National Silk / May 5 The National Silk & Rayon Mills Limited(NSRM)	46.71 ▲ 4.25 (10.01%)
Gillette Pak / May 5 Gillette Pakistan Limited(GLPL)	178.21 ▲ 16.2 (10%)
S.S.Oil / May 5 S.S.Oil Mills Limited(SSOM)	508.77 ▲ 46.25 (10%)
Khyber Textile / May 5 Khyber Textile Mills Limited(KHYT)	501.94 ▲ 45.63 (10%)
PIA Holding Co.B / May 5 PIA Holding Company Limited B(PIAHCLB)	5,283.26 ▲ 480.3 (10%)

Stock	Price
Tariq Corp.Pref. / May 5 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.90 ▼ -0.98 (-12.44%)
Sec. Inv. Bank / May 5 Security Investment Bank Limited(SIBL)	7.68 ▼ -0.87 (-10.18%)
Supernet Ltd. / May 5 Supernet Limited (GEM)(GEMSPNL)	22.10 ▼ -2.38 (-9.72%)
I.C.C. Ind. / May 5 ICC Industries Limited(ICCI)	8.86 ▼ -0.91 (-9.31%)
Mandviwala / May 5 Mandviwala Mauser Plastic Industries(MWMP)	17.31 ▼ -1.69 (-8.89%)
Bank of Khyber / May 5 The Bank of Khyber(BOK)	13.12 ▼ -1.27 (-8.83%)
Nishat ChunPow / May 5 Nishat Chunian Power Limited(NCPL)	25.20 ▼ -2.32 (-8.43%)
Pak. P.V.C. / May 5 Pakistan PVC Limited(PPVC)	7.55 ▼ -0.63 (-7.7%)
Chenab Ltd (Pref) / May 5 Chenab Limited (Pref)(CLCPS)	2.60 ▼ -0.19 (-6.81%)
Pakgen Power / May 5 Pakgen Power Limited(PKGP)	112.01 ▼ -7.26 (-6.09%)

Stock	Volume
Hascol Petrol / May 5 Hascol Petroleum Limited(HASCOL)	12,983,691 ▲ 0.59
Sui South Gas / May 5 Sui Southern Gas Company Limited(SSGC)	10,992,889 ▲ 0.53
WorldCall Telecom / May 5 Worldcall Telecom Limited(WTL)	8,361,455 ▲ 0.05
B.O.Punjab / May 5 The Bank of Punjab(BOP)	7,719,001 ▲ 0.28
Dewan Cement / May 5 Dewan Cement Limited(DCL)	4,251,629 ▲ 0.53
Maple Leaf Cement / May 5 Maple Leaf Cement Factory Limited(MLCF)	4,003,822 ▼ -0.94
Cnergyico PK / May 5 Cnergyico PK Limited(CNERGY)	3,698,329 ▼ -0.06
K-Electric Ltd. / May 5 K-Electric Limited(KEL)	3,661,510 ▲ 0.02
Power Cement / May 5 Power Cement Limited(POWER)	3,008,249 ▲ 0.07
At-Tahur Ltd. / May 5 At-Tahur Limited(PREMA)	2,724,792 ▼ -0.25

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