News Archives for Print - 2021-04-05

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Print - 2021-04-05

NCOC to take up closure of schools issue today

ISLAMABAD: The decision pertaining to closure of schools in the country will be taken after a meeting of health and...

Published 05 Apr, 2021 03:56am

Dr Faisal’s parents get second Covid-19 dose

LAHORE: Special Assistant to the Prime Minister on Health Dr Faisal Sultan visited the Expo Center Lahore on Sunday...

Published 05 Apr, 2021 03:56am

Religious tourism: Hanglaj Mata, Kali Mata temples to be renovated

ISLAMABAD: The Hanglaj Mata Temple (Nani Mandir) in Hangol National Park and Kali Mata Temple in Kalat would be...

Published 05 Apr, 2021 03:56am

Govt extends travel ban on 22 countries

ISLAMABAD: The government of Pakistan has extended the travel ban imposed on 22 countries due to coronavirus till...

Published 05 Apr, 2021 03:56am

NTC facilitates PM’s tele-conference

ISLAMABAD: National Telecommunication Corporation (NTC) for the second time provided a state of the art telecom...

Published 05 Apr, 2021 03:56am

NCGSA announces Rs15m research fund

ISLAMABAD: National Centre of GIS and Space Applications (NCGSA) has invited proposals from faculty members and...

Published 05 Apr, 2021 03:56am

Rawalpindi district: Illegal housing schemes business goes unchecked

RAWALPINDI: The business of unapproved and illegal housing schemes continues to grow in Rawalpindi district as there...

Published 05 Apr, 2021 03:56am

Over 200 Covid-19 patients under treatment at LRH

PESHAWAR: The number of Corona patients in Lady Reading Hospital (LRH) has increased to more than 200, said Dr....

Published 05 Apr, 2021 03:56am

Sindh records 240 new cases of Covid-19

KARACHI: Fortunately no death stemming from Coronavirus reported on Sunday; however 240 new cases emerged when 8,797...

Published 05 Apr, 2021 03:56am

‘Russian vaccine a testimony to fast improving ties with Russia and UAE’

KARACHI: Weeks after importing Sputnik V vaccines for Covid-19, AGP Limited has finally been allowed to sell the...

Updated 05 Apr, 2021 10:43am

Italy to establish gemstones training institute in G-B

ISLAMABAD: Italy would establish a gemstones training institute in -Baltistan in order to exploit the potential of...

Updated 05 Apr, 2021 10:43am

Plan underway to make Islamabad beggar-free

ISLAMABAD: The Islamabad Capital Territory (ICT) police in collaboration with experts are working on an action plan...

Updated 05 Apr, 2021 10:43am

Republicans dangle ‘easy’ win for trimmed Biden plan

WASHINGTON: Republicans opened the door Sunday to supporting a pared down version of Joe Biden’s $2 trillion...

Published 05 Apr, 2021 03:56am

Turkey condemns admirals’ warning over Bosphorus treaty

ISTANBUL: Top Turkish officials on Sunday lashed out at an open letter signed by more than 100 retired admirals...

Published 05 Apr, 2021 03:56am

Brazil seeks $1bn in foreign aid to curb Amazon deforestation by 30-40pc

SAO PAULO: Brazil’s environment minister wants $1 billion in foreign aid from countries including the United ...

Updated 05 Apr, 2021 10:45am

Asia

Transport minister to step down over Taiwan train crash

HUALIEN: Taiwan’s transport minister said on Sunday he would step down after he and the manager of a construction...

Updated 05 Apr, 2021 10:45am

Maj-Gen Saqib promoted

RAWALPINDI: Major General Saqib Mehmood Malik was promoted to the rank of Lt General. According to the Inter-Service...

Updated 05 Apr, 2021 10:45am

Minister inspects site for new Sukkur-Rohri bridge

SUKKUR: Provincial Minister for Local Government Syed Nasir Hussain Shah along with President Sindh Local Councils...

Updated 05 Apr, 2021 10:45am

2021 will be the year of farmers in Punjab: governor

LAHORE: Governor Punjab Chaudhry Mohammad Sarwar said that federal and provincial government was doing work on war...

Updated 05 Apr, 2021 10:45am

Shehla pays tribute to late ZA Bhutto

KARACHI: Minister for Women’s Development Sindh Syeda Shehla Raza has paid a rich tribute to Shaheed Zulfiqar Ali...

Updated 05 Apr, 2021 10:45am

Pashtun students end sit-in

LAHORE: The Pashtun students, who had been holding a ‘sit-in’ outside the Governor House since March 6, ended...

Updated 05 Apr, 2021 10:45am

AGP Office kicks off ‘performance auditing’ course

LAHORE: The Auditor General Punjab (AGP) Office organized a five-day ‘performance auditing’ refresher course ...

Updated 05 Apr, 2021 10:45am

RSEZ KP CM calls for maximum investment

PESHAWAR: KP Chief Minister Mahmood Khan directed the concerned authorities for special focus on attracting maximum...

Updated 05 Apr, 2021 10:45am

Death anniversary of Zulfikar Ali Bhutto observed

LARKANA: The 42nd death anniversary of founder- chairman of Pakistan Peoples Party (PPP) and former prime minister...

Updated 05 Apr, 2021 10:45am

Expulsion of French ambassador: Govt will reach consensus in parliament: Rashid

ISLAMABAD: Minister for Interior Shaikh Rashid Ahmed said on Sunday that government would reach a consensus in...

Published 05 Apr, 2021 03:56am

NICVD sets up 30th centre at Tando Allahyar

KARACHI: National Institute of Cardiovascular Diseases (NICVD) in collaboration with the Government of Sindh has...

Published 05 Apr, 2021 03:56am

No plan to go abroad for treatment: Maryam

ISLAMABAD: Rejecting the perception that she wanted to go abroad for treatment, Pakistan Muslim League-Nawaz (PML-N)...

Published 05 Apr, 2021 03:56am

KPC secretary robbed

KARACHI: Karachi Press Club secretary was robbed of his mobile phone and cash

Published 05 Apr, 2021 03:56am

TSMC plans $100bn investment to meet demand

TAIPEI: Taiwan Semiconductor Manufacturing Company said Thursday it was planning to invest $100 billion over the ...

Published 05 Apr, 2021 03:56am

The global race to develop ‘green’ hydrogen

PARIS: It’s seen as the missing link in the race for carbon-neutrality: “green” hydrogen produced without...

Published 05 Apr, 2021 03:56am

Google Maps to show more eco-friendly routes

SAN FRANCISCO: Google on Tuesday said it will start showing users of its free Maps navigation service travel routes...

Published 05 Apr, 2021 03:56am

Country cannot afford complete lockdown: minister

LAHORE: Provincial Minister for Housing and Urban Development Mian Mehmood-ur-Rasheed

Published 05 Apr, 2021 03:56am

The Weather

KARACHI: The weather report on Sunday (April 4, 2021) and the forecast for Monday (April 5, 2021)....

Published 05 Apr, 2021 03:56am

Corruption: PM seeks judiciary’s help

ISLAMABAD: With a pledge to go after different cartels and mafias to give immediate relief to the common man, Prime...

Published 05 Apr, 2021 03:56am

Azhar optimistic about economic prospects

ISLAMABAD: The newly appointed federal minister for finance Hammad Azhar on Sunday said that despite all challenges...

Published 05 Apr, 2021 03:56am

Rates.BR Index

PSX remains under pressure: BRIndex-100 loses 181.90 points

KARACHI: Pakistan Stock Exchange remained under pressure during the outgoing week ended on April 02, due to heavy...

Published 05 Apr, 2021 03:56am

Rates.BR Index

Futures spread declines

KARACHI: The futures spread declined by 387bps to 8.58 percent on the last day of outgoing week. Trading activities...

Published 05 Apr, 2021 03:56am

PC fails to dispose of SIH Lahore, HEC in Q3

ISLAMABAD: The Privatisation Commission (PC) has failed to dispose off Services International Hotel (SIH), Lahore ...

Published 05 Apr, 2021 03:56am

Pope slams weapons spending in time of pandemic

VATICAN CITY: Pope Francis urged countries in his Easter message on Sunday to quicken distribution of COVID-19...

Published 05 Apr, 2021 03:56am

Inter-province transport restricted to two days a week

ISLAMABAD: The National Command and Operations Centre (NCOC), the body that is leading Pakistan's fight against...

Published 05 Apr, 2021 03:56am

Grade 1 to 8: Sindh govt decides to suspend physical classes from 6th

KARACHI: The provincial government on Sunday decided to close physical classes of grade one to eight across Sindh...

Updated 05 Apr, 2021 10:42am

‘Roosevelt Hotel attached by court in Reko-Diq case’

ISLAMABAD: Pakistan's Roosevelt Hotel in New York (USA), owned by Pakistan International Airlines (PIA) has...

Published 05 Apr, 2021 03:56am

KE issues: PM unhappy with MoE for delay in finalising modalities

ISLAMABAD: Prime Minister Imran Khan is reportedly unhappy with Ministry of Energy (Power Division and Petroleum...

Published 05 Apr, 2021 03:56am

Proposed SOEs (Governance and Operation) Bill 2021: Centre seeks indemnity for directors, CEO

ISLAMABAD: The federal government, in the proposed State Owned Enterprises (Governance and Operation) Bill 2021, has...

Published 05 Apr, 2021 03:56am

ATC judge, wife and two children killed in firing

SWABI: Four persons were killed and two others sustained injuries in a firing incident that occurred near Anbar...

Updated 05 Apr, 2021 10:42am

Ramazan will begin on 14th, says Fawad

LAHORE: Federal Minister for Science and Technology Fawad Chaudhry has said that the announcement of moon sighting...

Updated 05 Apr, 2021 10:42am

Jordan accuses Prince of plot to destabilise Kingdom

AMMAN: The half-brother and former heir of Jordan's King Abdullah, Prince Hamza, liaised with foreign parties over a...

Updated 05 Apr, 2021 10:42am

Afghan leader proposes peace road map in three phases

KABUL: Afghan President Ashraf Ghani will put forward a three-phase peace roadmap for Afghanistan during a proposed...

Updated 05 Apr, 2021 10:42am

Gwadar: GCW, GCZ inaugurated

KARACHI: In line with Pakistan and China's ambitious development plans for the Port City of Gwadar, inauguration of...

Updated 05 Apr, 2021 10:42am

Maoist rebels kill 22 Indian security forces

BIJAPUR, (India): Twenty-two Indian police and paramilitary forces were killed and 30 others wounded in a gun battle...

Updated 05 Apr, 2021 10:42am

‘Single portal and single return’: FBR, PRAs agree to ink MoU on 7th

ISLAMABAD: The Federal Board of Revenue (FBR) and all provincial revenue authorities have principally agreed to ink ...

Updated 05 Apr, 2021 10:42am

Letters

Govt dithering over whether to privatise PSM?

According to a Business Recorder news item “PSM transaction: Ministers briefed about probable timelines” carried...

Updated 05 Apr, 2021 10:42am

Hafeez Sheikh – a final farewell?

Dr Hafeez Sheikh was dismissed on 29 March 2021, ten and a half weeks before completing the six month tenure as the...

Updated 05 Apr, 2021 10:42am

Pseudo literacy trap

Educated illiterate. Uneducated literate. Call it whatever it is this unnoticed cadre that has added chaos and ...

Published 05 Apr, 2021 03:56am

Logjam deepens at world’s ports as pandemic strikes shipping

Towering cranes work overtime swinging containers from cargo vessels in the eastern Chinese port of Lianyungang,...

Published 05 Apr, 2021 03:56am

Digital banking

EDITORIAL: There are multiple benefits of digitizing the economy, ranging from documentation to reducing cost of...

Published 05 Apr, 2021 03:56am

Unelected persons in cabinet meetings

EDITORIAL: In its detailed order of last December Islamabad High Court (IHC) had clearly set the limits of the role...

Published 05 Apr, 2021 03:56am

Give them a second chance

EDITORIAL: The law forbids capital punishment for juvenile offenders, but to seek compliance with it is an uphill...

Published 05 Apr, 2021 03:56am

Highest number of Covid-19 patients on critical care: Umar

ISLAMABAD: The country on Sunday reported the highest number of coronavirus patients who are on critical care ever...

Published 05 Apr, 2021 03:56am

Development, marketing in Rashakai SEZ: Chinese co enters into deal to promote foreign investments: Umar

KARACHI: Federal Minister for Planning and Development Asad Umar on Sunday said the projects under China Pakistan...

Published 05 Apr, 2021 03:56am

Cotton & Textile

Weekly Cotton Review: Significant reduction of rate witnessed

KARACHI: Significant decrease of Rs 500 per maund witnessed in the local cotton market under influence of prevailing...

Published 05 Apr, 2021 03:56am

Stocks

Wall Street week ahead: High-flying market to take cues from infrastructure plans, upcoming earnings

NEW YORK: US President Joe Biden’s massive infrastructure proposal and the upcoming corporate earnings season ...

Updated 05 Apr, 2021 10:43am

Europe’s IPO market roars back to life, can it last?

• European companies raise $19.55bn in Q1 LONDON: The European market for initial public offerings has come...

Updated 05 Apr, 2021 10:43am

Money & Banking

Dollar to remain strong for at least another month

BENGALURU: The US dollar will remain strong for at least another month, according to a Reuters poll of foreign...

Published 05 Apr, 2021 03:56am

Stocks

Swiss volumes help London catch up with Amsterdam in share trading

LONDON: The City of London has almost closed the share trading gap with Amsterdam since dealings in Swiss shares...

Updated 05 Apr, 2021 10:43am

Stocks

Global equities could receive April boost after a pause in rally

NEW YORK: While the pace of the global equity rally has waned in recent weeks, world shares have a better chance of...

Updated 05 Apr, 2021 10:43am

Saudi National Bank buoys Saudi shares; other markets mixed

RIYADH: Major Gulf markets ended mixed on Sunday, with the Saudi index boosted by gains in its top lender following ...

Updated 05 Apr, 2021 10:44am

‘Godzilla vs Kong’ sets pandemic record with $48.5m debut

LOS ANGELES: “Godzilla vs. Kong” muscled its way to a pandemic-era box office record, giving Hollywood studios...

Updated 05 Apr, 2021 10:44am

France says deficits rise as Covid destroys rebound hopes

PARIS: France’s government deficit will deepen and public debt rise after a lingering Covid crisis smashed hopes ...

Updated 05 Apr, 2021 10:44am

Akshay Kumar tests positive as India virus surge worsens

MUMBAI: Bollywood star Akshay Kumar said Sunday he has tested positive for Covid-19, becoming the latest Indian...

Published 05 Apr, 2021 03:56am

Commodities

Prices of essential food items up ahead of Ramazan

PESHAWAR: Prices of essential kitchen items, including live chicken/meat, farm eggs, sugar, flour, vegetable, pulses...

Published 05 Apr, 2021 03:56am

Cotton & Textile

APVTA demands ban on export of cotton, yarn

FAISALABAD: All Pakistan Value-added Textile Association (APVTA) has demanded complete ban on the export of cotton...

Published 05 Apr, 2021 03:56am

Saudi Arabia plans economic overhaul with $3.2trln investment

RIYADH: Saudi Arabia announced plans Tuesday to pump investments worth $3.2 trillion into the national economy by...

Published 05 Apr, 2021 03:56am

Commodities

Rich nation appetites driving tropical deforestation

PARIS: Rising demand in wealthy countries for dozens of commodities ranging from coffee to soybeans has stepped up...

Published 05 Apr, 2021 03:56am

Grains

Wheat farmers see favourable climate for crop harvesting

ISLAMABAD: Pakistan Meteorological Department (PDM) has predicted a good news for wheat growing farmers, saying that...

Published 05 Apr, 2021 03:56am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time)

Published 05 Apr, 2021 03:56am

Rates.Banks

Returns on Profit and Loss Sharing Investment Bank Accounts (JULY TO DEC 2020)

KARACHI: Comparative table of returns being given banks on their Profit and Loss

Published 05 Apr, 2021 03:56am

Rates.The Rupee

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates

Published 05 Apr, 2021 03:56am

Budgets

Sehat Sahulat Programme in Punjab, ICT: Initial budget can be revised to Rs85bn

ISLAMABAD: The initial budget of Rs 70 billion allocated by federal government and Punjab for Sehat Sahulat ...

Published 05 Apr, 2021 03:56am

Industry

UAE gamers want in on multi-billion-dollar industry

DUBAI: From a brand new facility in Dubai, young gamers are hosting virtual regional eSports competitions sponsored...

Published 05 Apr, 2021 03:56am

Industry

China’s top three airlines lose billions to pandemic

BEIJING: China’s largest airline on Wednesday reported billions in losses over the last year, as Covid-19 wiped ...

Published 05 Apr, 2021 03:56am

Companies

Volkswagen to buy credits from Tesla in China to comply with environmental rules

BEIJING: A Volkswagen joint venture in China has agreed to buy green car credits from Tesla to help meet local...

Published 05 Apr, 2021 03:56am

Companies

Xiaomi to invest $10bn in electric vehicles

BEIJING: Smartphone maker Xiaomi on Tuesday became the latest Chinese company to enter the burgeoning electric...

Published 05 Apr, 2021 03:56am

Companies

Huawei posts record profit but US pressure, pandemic hit revenue

SHANGHAI: Chinese telecom giant Huawei said Wednesday it achieved the latest in a string of record profits last ...

Published 05 Apr, 2021 03:56am

Industry

Extension in APTTA accord for three months welcomed

PESHAWAR: A meeting that was held between a ‘high-powered’ traders’ delegation

Published 05 Apr, 2021 03:56am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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