News Archives for Print - 2021-04-27

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Print - 2021-04-27

South Balochistan: CDWP approves health project worth Rs5bn

ISLAMABAD: The Central Development Working Party (CDWP) approved one project at the cost of Rs5 billion and...

Updated 27 Apr, 2021 10:10am

Whopping $33bn foreign loans taken by PTI govt: Sherry

ISLAMABAD: Pakistan People’s Party (PPP) parliamentary leader in the Senate, Senator Sherry Rehman has said that...

Updated 27 Apr, 2021 10:10am

Illegal appointment of PPL MD: Khaqan says he did not have any record related to case

ISLAMABAD: Pakistan Muslim League Nawaz (PML-N) senior leader and former prime minister Shahid Khaqan Abbasi, on...

Updated 27 Apr, 2021 10:09am

China, Pakistan sign HOC for 3rd batch of Covid-19 vaccine

ISLAMABAD: Pakistan and China on Monday signed the Handing over Certificate (HOC) for the third batch of Covid-19...

Updated 27 Apr, 2021 10:09am

Jam Kamal orders arrest of journalist’s killers

QUETTA: Balochistan Chief Minister Jam Kamal Khan condemned the killing of a journalist and expressed his deep ...

Updated 27 Apr, 2021 10:09am

Transactions of various PSEs: PC Board’s meeting to review progress

ISLAMABAD: A Privatisation Commission Board’s meeting is likely to be held in the current week to review the ...

Updated 27 Apr, 2021 10:09am

CM unveils Rs34bn uplift package for Multan

LAHORE: Unveiling Rs34 billion development package for Multan, Punjab Chief Minister Sardar Usman Buzdar said on...

Updated 27 Apr, 2021 10:09am

UK announces new sanctions for global corruption

LONDON: Britain announced its first sanctions under a new global anti-corruption regime on Monday, freezing assets...

Updated 27 Apr, 2021 10:09am

FBR reduces office timings

KARACHI: The Federal Board of Revenue (FBR) has reduced the office hours from 9am to 2pm with 50 percent work from...

Updated 27 Apr, 2021 10:09am

SAU to remain closed from 27th to May 16

HYDERABAD: Sindh Agriculture University will remain closed from April 27 to May 16. It was decided to close the...

Updated 27 Apr, 2021 10:09am

PTI lawmaker accuses Sindh govt of ‘bad governance’

KARACHI: The PTI legislators blamed the Sindh government for the province underdevelopment as the Sindh Assembly...

Updated 27 Apr, 2021 10:09am

HCCI for lifting of garbage from densely populated areas

HYDERABAD: On the direction of Patron of Hyderabad Chamber of Commerce and Industry Goharullah and President Fahad...

Updated 27 Apr, 2021 10:09am

Digital Customer Reward Campaign: NBP announces winners of lucky draw

KARACHI: National Bank of Pakistan announced winners of NBP Digital Customer Reward Campaign for the month of March...

Updated 27 Apr, 2021 10:09am

Ukraine urges global solidarity to prevent Chernobyl repeat

CHERNOBYL, (Ukraine): Ukrainian President Volodymyr Zelensky on Monday urged the international community to work...

Updated 27 Apr, 2021 10:09am

Russia launches new batch of UK telecom satellites into space

MOSCOW: A Soyuz rocket blasted off from the Vostochny cosmodrome in Russia’s Far East on Monday carrying 36 UK...

Updated 27 Apr, 2021 10:09am

Hong Kong and Singapore aim to start travel bubble in May

HONG KONG: Hong Kong and Singapore on Monday announced plans to resurrect their scrapped coronavirus travel bubble...

Updated 27 Apr, 2021 10:09am

Iran downplays controversial leaked FM remarks

TEHRAN: Iran’s foreign ministry on Monday downplayed a leaked audiotape of Foreign Minister Mohammad Javad Zarif ...

Updated 27 Apr, 2021 10:09am

‘Sham’ Libya trials sentence 22 to death: Amnesty

TRIPOLI: Eastern Libyan military courts have sentenced at least 22 people to death and jailed hundreds more since...

Updated 27 Apr, 2021 10:09am

China plans new base for aviation, space industry in eastern city

BEIJING: China’s eastern city of Suzhou will become a new base for the space and aviation industry with the...

Updated 27 Apr, 2021 10:09am

US Supreme Court to take up gun rights case

WASHINGTON: The US Supreme Court agreed on Monday to hear a challenge backed by the gun lobby to a New York law that...

Updated 27 Apr, 2021 10:09am

Kuwait sovereign fund to get over $1.8bn per year from KPC

KUWAIT: Kuwait’s sovereign wealth fund and state-owned Kuwait Petroleum Corporation (KPC) reached an agreement...

Updated 27 Apr, 2021 10:09am

17 migrants found dead on boat off Spain’s Canary Islands

MADRID: Seventeen people were found dead on a migrant boat off El Hierro in Spain’s Canary Islands on Monday and...

Updated 27 Apr, 2021 10:09am

Maskless Thai PM fined as coronavirus cases spike

BANGKOK: Thailand’s prime minister was fined for not wearing a mask Monday after new Covid-19 restrictions came...

Updated 27 Apr, 2021 10:09am

Amid criticism, US announces export of up to 60m AstraZeneca vaccine

WASHINGTON: The United States will release up to 60 million doses of the AstraZeneca Covid-19 vaccine, a senior...

Updated 27 Apr, 2021 10:08am

EU sues AstraZeneca over vaccine delivery shortfall

BRUSSELS: The European Union said Monday it has launched legal action against pharmaceutical giant AstraZeneca over...

Updated 27 Apr, 2021 10:08am

Kazakhstan rolls out homegrown vaccine

NUR-SULTAN: Kazakhstan on Monday rolled out its homegrown coronavirus vaccine, with the Central Asian country’s...

Updated 27 Apr, 2021 10:08am

Biden promises India Covid support in call to Modi

WASHINGTON: US President Joe Biden promised emergency assistance to Covid-ravaged India in a telephone call Monday...

Updated 27 Apr, 2021 10:08am

US, UK rush supplies to virus-hit India as Italy opens up

NEW DELHI: The United States and Britain rushed ventilators and vaccine materials to virus-stricken India on Monday...

Updated 27 Apr, 2021 10:08am

Egypt executes nine over 2013 police station storming

CAIRO: Egyptian authorities executed nine people Monday over the storming of a police station in 2013 in which 13...

Updated 27 Apr, 2021 10:08am

Philips sees hit from product safety fault

THE HAGUE: Dutch firm Philips said Monday it anticipates a hit of up to 250 million euros ($302 million) from a...

Updated 27 Apr, 2021 10:08am

Erdogan says Biden’s genocide recognition ‘destructive’

ANKARA: Turkey’s Recep Tayyip Erdogan on Monday denounced US President Joe Biden’s recognition of the Armenian...

Updated 27 Apr, 2021 10:08am

Italy’s fate, credibility at stake with EU recovery plan: PM

ROME: Italian Prime Minister Mario Draghi on Monday presented his government’s 220-billion-euro ($266-billion)...

Updated 27 Apr, 2021 10:08am

Putin says Prague’s accusations against Russia ‘absurd’

MOSCOW: President Vladimir Putin on Monday dismissed as “absurd” Prague’s accusations against Moscow after...

Updated 27 Apr, 2021 10:08am

Russia expels Ukrainian diplomat in ongoing spat

MOSCOW: Moscow announced Monday it was expelling a Ukrainian embassy worker, the latest in a wave of diplomatic...

Updated 27 Apr, 2021 10:08am

German firms file anti-trust complaint against Apple

BERLIN: A group of German tech and media companies filed an anti-trust complaint Monday against Apple over the US...

Updated 27 Apr, 2021 10:08am

Karachi Safe City Project: TI voices concern over violation of SPPRA Rules 2010

KARACHI: The Transparency International (TI) has expressed concerns over the alleged violation of SPPRA Rules 2010,...

Updated 27 Apr, 2021 10:08am

No decision to pass students without exams: Shafqat

ISLAMABAD: Federal Minister for Education and Professional Training Shafqat Mehmood on Monday said, no decision has...

Updated 27 Apr, 2021 10:08am

KPC award ceremony: list of recipients

KARACHI: Karachi Press Club (KPC) on Saturday organized an award ceremony in recognition of services rendered by...

Updated 27 Apr, 2021 10:08am

Occupied Palestinian territories: Pakistan concerned at developments

ISLAMABAD: Pakistan, on Monday, expressed serious concern over the recent developments in occupied Palestinian...

Published 27 Apr, 2021 03:02am

KIA industries facing serious problems

KARACHI: The industries of Korangi Industrial Area are facing serious problems due to negligence of the Karachi ...

Updated 27 Apr, 2021 10:06pm

LHC dismisses plea of PML-N leader

LAHORE: The Lahore High Court (LHC) on Monday dismissed plea of a PML-N leader Raja Hanif Abbasi seeking transfer of...

Published 27 Apr, 2021 03:02am

PU takes up degree cases

LAHORE: Punjab University’s 1742nd meeting was held at the committee room of the Vice Chancellor’s office here ...

Published 27 Apr, 2021 03:02am

Nadeem Khalid elected WWF-Pakistan president

LAHORE: The Board of Directors of WWF-Pakistan has elected Nadeem Khalid as the new President of WWF-Pakistan. He is...

Published 27 Apr, 2021 03:02am

Islamic content won’t be removed from curriculum: governor

LAHORE: Punjab Governor Chaudhry Mohammad Sarwar has taken stern notice of the issue of omitting Islamic content ...

Published 27 Apr, 2021 03:02am

Dr Qibla seeks Ulema’s assistance to enforce Covid-19 SOPs

ISLAMABAD: Council of Islamic Ideology (CII) Chairman Dr Qibla Ayaz Monday appealed Ulema and religious scholars to...

Published 27 Apr, 2021 03:02am

Summary moved for seven official holidays on Eid

ISLAMABAD: There may be seven holidays for government employees on the upcoming Eid-ul-Fitr from May 10 to 16,...

Updated 27 Apr, 2021 10:10am

PM agrees to meet pro-JKT lawmakers

ISLAMABAD: Despite all the efforts from anti-Jahangir Khan Traeen lobby, Prime Minister Imran Khan has finally ...

Updated 27 Apr, 2021 10:10am

Covid-19 cases tally crosses 800,000 with 4,825 new cases: NCOC

ISLAMABAD: Pakistan’s coronavirus cases tally, on Monday, crossed the 800,000 mark with the emergence of 4,825 new...

Updated 27 Apr, 2021 10:10am

UVAS organises online seminar

LAHORE: In collaboration with East Windsor Animal Hospital, USA, the Vet Crescent Society of the University of...

Updated 27 Apr, 2021 10:10am

PMA urges people to follow SOPs

KARACHI: Pakistan Medical Association (PMA) urged masses to adopt preventive measures by wearing mask and social...

Updated 27 Apr, 2021 10:10am

PPP, Kashmiris have inseparable relationship: Faryal

ISLAMABAD: The meeting of the Parliamentary Board constituted by Chairman PPP, Bilawal Bhutto-Zardari for the Azad...

Updated 27 Apr, 2021 10:10am

Tarin briefs UK HC about working of Ehsaas emergency cash plan

ISLAMABAD: Dr Christian Turner, the British High Commissioner to Pakistan called on the Federal Minister for Finance...

Updated 27 Apr, 2021 10:10am

Senate committees: PTI quietly reaches deal with PPP?

ISLAMABAD: Ruling party Pakistan Tehreek-e-Insaf (PTI) has quietly reached an understanding with opposition’s...

Updated 27 Apr, 2021 10:10am

Punjab reports 2,190 fresh corona cases, 26 deaths

LAHORE: There is no let up in the spread of coronavirus, as out of 19,445 Covid-19 tests conducted during the last ...

Updated 27 Apr, 2021 10:10am

Covid-19 surge in Lahore: Joint teams of LEAs to ensure closure of markets, bazaars at 6pm

LAHORE: Capital City Police Officer (CCPO) Ghulam Mahmood Dogar has said that all the bazaars including wholesale ...

Updated 27 Apr, 2021 10:10am

Police arrest 18 ‘drug peddlers’

ISLAMABAD: The city police on Monday during an ongoing operation against drug peddlers arrested 18 outlaws in two...

Updated 27 Apr, 2021 10:10am

Eid eve: Ministry to give 30-day pardon to all prisoners

ISLAMABAD: The Ministry of Interior has decided to give a 30-day pardon to all prisoners incarcerated in jails ...

Updated 27 Apr, 2021 10:10am

Cambridge exams begin under strict corona SOPs

ISLAMABAD: The Cambridge examinations have started from Monday with strict coronavirus standard operating procedures...

Updated 27 Apr, 2021 10:10am

PARTLY FACETIOUS: Don’t put all your eggs in one basket

“I thought businessmen were savvy enough not to put all their eggs in one basket.” “Who are you talking of?...

Published 27 Apr, 2021 03:02am

Letters

‘PTI’s second innings: overcast conditions?’

This is apropos a Business Recorder op-ed “PTI’s second innings: overcast conditions?” carried the newspaper ...

Published 27 Apr, 2021 03:02am

Digital passes fail to banish airline fears over airport chaos

While politicians hail digital health passes as the solution to aviation’s Covid-19 crisis, airline bosses are...

Published 27 Apr, 2021 03:02am

As small-cap stocks lag, Wall Street worries about broad slowdown

An historic rally in share prices for smaller US companies has slowed sharply in April after six months of strong...

Published 27 Apr, 2021 03:02am

Outlook for the BoP

The balance of payments (BoP) numbers for the first three quarters of 2020-21 have just been released by the SBP. By...

Published 27 Apr, 2021 03:02am

PM failed to fulfil promise of South Punjab province: Marriyum

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) secretary information Marriyum Aurangzeb lashed out at government ...

Published 27 Apr, 2021 03:02am

Fazl urges PPP, ANP to rejoin PDM by acknowledging ‘mistakes’

ISLAMABAD: The Pakistan Democratic Movement (PDM), while announcing recommencement of anti-government movement with...

Published 27 Apr, 2021 03:02am

‘Tevta striving to implement PM’s vision of technical education’

LAHORE: Chairperson Technical Education and Vocational Training Authority (Tevta), Ali Salman Siddique said on ...

Published 27 Apr, 2021 03:02am

Stocks

Most major Gulf bourses gain on corporate earnings

DUBAI: Major stock markets in the Gulf closed higher on Monday, with the Saudi index leading gains after a slew of...

Published 27 Apr, 2021 03:02am

Stocks

Japanese shares rise

TOKYO: Japanese shares settled higher on Monday as travel-related stocks bounced back from losses driven by fears of...

Published 27 Apr, 2021 03:02am

Stocks

European stocks up

AMSTERDAM/LONDON: European stocks ended higher on Monday as strong metals prices boosted miners, while a rise in ...

Published 27 Apr, 2021 03:02am

Stocks

China stocks down

SHANGHAI: China stocks reversed earlier gains to end lower on Monday, as investors pocketed profits following a...

Published 27 Apr, 2021 03:02am

Stocks

Monday’s early afternoon trade: Tesla lifts Wall Street’s main indexes

NEW YORK: Wall Street’s main indexes rose on Monday as electric-car maker Tesla gained ahead its earnings report,...

Published 27 Apr, 2021 03:02am

Stocks

Indian shares post best day in 2 weeks

BENGALURU: Indian shares posted their sharpest daily rise in nearly two weeks on Monday, spurred by gains in ICICI...

Published 27 Apr, 2021 03:02am

Stocks

FTSE 100 slips

LONDON: London’s FTSE 100 edged lower on Monday as heavyweight export-oriented companies slipped on a stronger...

Published 27 Apr, 2021 03:02am

Two new border crossings to be reopened with Iran

ISLAMABAD: Minister for Interior Sheikh Rashid Ahmed on Monday said the government has decided to open two new ...

Published 27 Apr, 2021 03:02am

Saudi minister invites Fawad to visit KSA

ISLAMABAD: Saudi Minister for Media Dr Majed bin Abdullah Al-Kassabi has invited Minister for Information and...

Published 27 Apr, 2021 03:02am

The Weather

KARACHI: The weather report on Monday (April 26, 2021) and the forecast for Tuesday (April 27, 2021)....

Published 27 Apr, 2021 03:02am

Rates.The Rupee

THE RUPEE: Downward trend continues

KARACHI: On Monday, PKR continued to go down against USD in both interbank and open markets touching 155 in open...

Published 27 Apr, 2021 03:02am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Monday (April 26, 2021)....

Published 27 Apr, 2021 03:02am

Rates

Cross Transactions between Client to Client & Financial Institutions

KARACHI: The following were the cross transactions between client to client & financial institutions here on...

Published 27 Apr, 2021 03:02am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Monday (April 26, 2021)....

Published 27 Apr, 2021 03:02am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on Monday...

Published 27 Apr, 2021 03:02am

Stocks

Electronic/credit of dividend warrants/bonus/right share certificates

KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates....

Published 27 Apr, 2021 03:02am

Stocks

Last date of renunciation/payment

KARACHI: Last dates of renunciation/payment....

Published 27 Apr, 2021 03:02am

Rates.PSX

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....

Published 27 Apr, 2021 03:02am

Stocks

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 27 Apr, 2021 03:02am

Rates.SBP

Bill buying rates per unit of currency

KARACHI: Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank ...

Published 27 Apr, 2021 03:02am

Rates.SBP

State Bank of Pakistan conversion rates

KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates,...

Published 27 Apr, 2021 03:02am

Rates.BR Index

KSE-100 Index roars back: BRIndex100 snaps meltdown

KARACHI: Pakistan Stock Exchange Monday witnessed a bullish trend on the back of healthy buying, mainly by local...

Published 27 Apr, 2021 03:02am

PM puts a spotlight on southern Punjab

MULTAN: Prime Minister Imran Khan Monday said the establishment of South Punjab Secretariat was a step towards new...

Updated 27 Apr, 2021 09:44am

Energy

PEPCO’s transfer policy: Frequent changes causing loss of billions

LAHORE: Frequent changes in the transfer policy of Pakistan Electric Power Company (PEPCO) have made it ...

Published 27 Apr, 2021 03:02am

Commodities

FPCCI advocates free-float mechanism for sugar price

KARACHI: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has opposed fixation of sugar price by...

Published 27 Apr, 2021 03:02am

‘Nomadland’ wins big at pandemic Oscars as Zhao makes history

HOLLYWOOD, (United States): US road movie “Nomadland” emerged as the big winner at the Oscars on Sunday with...

Published 27 Apr, 2021 03:02am

Energy

Oil falls on India’s Covid surge; OPEC+ limits drop

NEW YORK: Oil pared its losses on Monday as the Organization of the Petroleum Exporting Countries and its allies...

Published 27 Apr, 2021 03:02am

Cotton & Textile

Cotton futures near 8-week high

NEW YORK: ICE cotton futures rose to their highest since early March on Monday on persistent worries that...

Published 27 Apr, 2021 03:02am

Commodities

Palladium scales record peak, gold steadies in NY

NEW YORK: Deficit-stricken palladium scaled a record peak on Monday, while gold held steady as investors awaited...

Published 27 Apr, 2021 03:02am

Commodities

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 30	277.85
USD PKR Interbank Buying / Oct 30	277.65
USD to Japanese Yen / Oct 30	153.03
USD to Swiss Franc / Oct 30	0.87
Pound Sterling to USD / Oct 30	1.29
Euro to USD / Oct 30	1.08

Stock	Volume
S&P 500 / Oct 30	5,813.67
India Sensex / Oct 30	79,850.58
Tokyo Nikkei / Oct 30	39,116.79
Nasdaq / Oct 30	18,607.93
Hang Seng / Oct 30	20,489.06
FTSE 100 / Oct 30	8,159.63
Dow Jones / Oct 30	42,141.54
Germany DAX 30 / Oct 30	19,257.34

Item	Value
Crude Oil USD/Barrel / Oct 30	68.95
Karachi Cotton PKR/37.32 KG / Oct 30	18,085
Gold 10 Grams PKR / Oct 30	246,403.40
Gold Spot USD/Ounce / Oct 30	2,786.14
Cotton US¢/pound / Oct 30	69.88
Petrol/Litre / Oct 31	247.03

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 31 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 31 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 31 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 31 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 31 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 31 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 31 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 31 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 31 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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