News Archives for Print - 2021-05-08

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Print - 2021-05-08

Towards improving FBR performance

The Federal Board of Revenue (FBR) has to work harder to improve its image before it can think of achieving higher...

Published 08 May, 2021 03:30am

European Parliament chief urged to withdraw resolution

ISLAMABAD: The Pakistan Peoples Party (PPP) leader and Chairman Institute of Research and Reforms (IRR) Senator A...

Published 08 May, 2021 03:30am

Performance review: PAC calls internal meeting

ISLAMABAD: The National Assembly’s Public Accounts Committee (PAC) has called an internal meeting to review the...

Published 08 May, 2021 03:30am

All Pakistan Projects Business scam: Physical remand of accused extended till 21st

ISLAMABAD: The Accountability Court, on Friday, extended physical remand of an accused, Adam Ameen Chaudhry, till ...

Published 08 May, 2021 03:30am

Talat Ishaq vs NAB case: Post-arrest bail plea must be considered: SC

ISLAMABAD: The Supreme Court said the parameters laid down in Talat Ishaq vs National Accountability Bureau (NAB)...

Published 08 May, 2021 03:30am

Access to tally record during recounting of votes: Reluctant ECP taints credibility of by-poll in NA-249

ISLAMABAD: Election Commission of Pakistan’s (ECP’s) reluctance to allow political parties access to tally the...

Published 08 May, 2021 03:30am

No one ready to trust Imran, claims Shehbaz

LAHORE: Pakistan Muslim League-Nawaz (PML-N) President Mian Shehbaz Sharif on Friday said that no one is ready to...

Published 08 May, 2021 03:30am

Punjab Assembly session: MPAs annoyed over absence of ministers

LAHORE: The Panel of Chairman Mian Shafi Muhammad on Friday attend the question hour in Punjab Assembly on the...

Published 08 May, 2021 03:30am

Jumatul Wida, Al Quds Day observed with zeal

LAHORE: Juma tul Wida, the last Friday of holy month of Ramazan and Al Quds Day was observed with religious zeal and...

Published 08 May, 2021 03:30am

HBL Pakistan Super League 6: UAE emerges as preferred venue for remaining matches

LAHORE: The Pakistan Cricket Board (PCB) and the six franchise owners met on Friday via a Zoom call to discuss the...

Published 08 May, 2021 03:30am

UAF scientists: Opportunities exist to uplift agri sector: VC

FAISALABAD: There are ample opportunities for University of Agriculture Faisalabad scientists to uplift country’s...

Published 08 May, 2021 03:30am

‘LWMC striving to provide best yet cost-effective cleanliness facilities’

LAHORE: Lahore Waste Management Company (LWMC) Chairman Amjad Ali Awan said they were striving to provide the best...

Published 08 May, 2021 03:30am

Over 1.6m people vaccinated so far: 82 more deaths, 1,995 new cases reported in Punjab

LAHORE: The novel coronavirus continued to play wreak, as Punjab reported 82 more deaths including 37 each in ...

Published 08 May, 2021 03:30am

Bilawal for permanent closure of Chashma-Jhelum Link Canal

KARACHI: Pakistan People’s Party chairman Bilawal Bhutto-Zardari has criticized the ‘incompetent and...

Published 08 May, 2021 03:30am

Orangi, Gujjar nullahs: SHC restrains authorities from demolishing leased properties

KARACHI: The Sindh High Court (SHC) on Friday restrained the authorities from demolishing leased properties built...

Published 08 May, 2021 03:30am

Sindh PA concludes pre-budget debate

KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Friday claimed to have improved public life despite financial...

Published 08 May, 2021 03:30am

Eid special train departs for Lahore

KARACHI: The first of six Eid special trains, from Karachi to Upcountry, departed from City Station towards Lahore ...

Published 08 May, 2021 03:30am

Turkish app introduces new feature of group chats

KARACHI: Having witnessed 2 million downloads in Pakistan and 80 million downloads globally, Turkey’s secure life...

Published 08 May, 2021 03:30am

Cop killed, two injured in firing

KARACHI: A policeman was killed and two others injured in firing of armed men here in the metropolis on Friday....

Published 08 May, 2021 03:30am

US CG applauds KFC scholarship

KARACHI: The US Consul General Robert Silberstein applauded KFC which, in partnership with the Orange Tree...

Published 08 May, 2021 03:30am

Consumers get economic relief in real sense: minister

FAISALABAD: Punjab Minister for Sports Rai Taimur Khan Bhatti has said that the Punjab govt had made concrete and...

Published 08 May, 2021 03:30am

Essential items: Minister for uninterrupted supply in lockdown

LAHORE: Punjab Law Minister Raja Basharat has directed the authorities concerned to ensure uninterrupted supply of...

Published 08 May, 2021 03:30am

NAB approves Rs 2.25bn plea bargain

LAHORE: For the first time in the history, the National Accountability Bureau (NAB) Lahore got the highest ever plea...

Published 08 May, 2021 03:30am

140 deaths, 4,298 new coronavirus cases reported

ISLAMABAD: Pakistan, on Friday, reported 140 Covid-19 deaths and 4,298 new coronavirus cases following which the...

Published 08 May, 2021 03:30am

Pandemic results in greater use of financial services: survey

ISLAMABAD: Financial inclusion in Pakistan has increased from 21 percent of adults pre-pandemic to 25 percent in...

Published 08 May, 2021 03:30am

PBC supports govt’s initiative to introduce EVMs

ISLAMABAD: Pakistan Bar Council (PBC) on Friday supported the government’s initiative to introduce electronic...

Published 08 May, 2021 03:30am

Sindh govt announces new Covid restrictions

KARACHI: The Sindh government on Friday announced a new set of restrictions as part of the national ‘Stay Home -...

Published 08 May, 2021 03:30am

Country has fiscal space to lower power tariffs: Pasha

ISLAMABAD: Former finance minister Dr Hafiz Pasha, Friday, has said that the country has a fiscal space to lower the...

Published 08 May, 2021 03:30am

Eidul Fitr: Ministry notifies 90-day remission for all prisoners

ISLAMABAD: The Ministry of Interior has notified a 90-day remission to all prisoners incarcerated in jails across ...

Published 08 May, 2021 03:30am

Undergraduate programme: SAU extends application deadline

HYDERABAD: Sindh Agriculture University has extended the date of receipt of application forms for admission in...

Published 08 May, 2021 03:30am

CCP’s enquiry reveals cartelization among poultry feed mills

ISLAMABAD: The Competition Commission of Pakistan (CCP) has again acted against cartelization in the poultry ...

Published 08 May, 2021 03:30am

PARTLY FACETIOUS: Bilawal is an Oxford graduate

“Amongst all our politicians, young and old, new inductees and old hands

Published 08 May, 2021 03:30am

Perseverance rover captures sound of Ingenuity flying on Mars

WASHINGTON: NASA’s Perseverance rover has for the first time captured the low-pitched whirring of the Ingenuity...

Published 08 May, 2021 03:30am

South Asia

Nepali climber claims record 25th Everest ascent

KATHMANDU: Nepali climber Kami Rita Sherpa on Friday reached the summit of Mount Everest for the 25th time, breaking...

Published 08 May, 2021 03:30am

Ericsson and Samsung reach patent deal

STOCKHOLM: Swedish telecoms firm Ericsson said Friday it has reached an accord with South Korea’s Samsung on ...

Published 08 May, 2021 03:30am

Japan extends virus emergency as India posts record infections

TOKYO/NEW DELHI: A coronavirus state of emergency in Tokyo and other parts of Japan was extended on Friday, less ...

Published 08 May, 2021 03:30am

Twitter lets people leave tips for some tweeters

SAN FRANCISCO: Twitter on Thursday began letting some users add virtual tip jars to accounts so people can support...

Published 08 May, 2021 03:30am

Asia

Maldives ex-president ‘critical’ after assassination attempt

MALÉ, (Maldives): Former Maldives president Mohamed Nasheed was in a “critical” condition on Friday following ...

Published 08 May, 2021 03:30am

Europe

France’s SNCF launches low-cost bullet train service in Spain

MADRID: French rail operator SNCF inaugurated Friday a low-cost, high-speed rail service in Spain linking Madrid and...

Published 08 May, 2021 03:30am

Asia

Indonesia’s Sinabung volcano erupts

MEDAN: Indonesia’s Mount Sinabung erupted on Friday, spewing a massive column of smoke and ash up to 2,800 metres...

Published 08 May, 2021 03:30am

The Weather

KARACHI: The weather report on Friday (May 7, 2021) and the forecast for Saturday (May 8, 2021)....

Published 08 May, 2021 03:30am

Crucial Scottish elections: Pro-independence SNP wins early seats

GLASGOW: Scotland's main pro-independence party captured a swathe of seats on Friday in a crucial Scottish ...

Published 08 May, 2021 03:30am

Letters

‘The pitfalls and the prospects’

This is apropos a Business Recorder op-ed “The pitfalls and the prospects” carried by the newspaper on ...

Published 08 May, 2021 03:30am

Country actually needs ‘business’ envoys

Prime Minister Imran Khan in his virtual address this week to Pakistan’s envoys posted in different foreign...

Published 08 May, 2021 03:30am

Judging by the peers

On the fateful morning of 9 March 2007, while seeing off Sharifuddin Pirzada, who had gone there to brief him on the...

Updated 08 May, 2021 06:30pm

Energy

LPG Policy 2021: PLPGMA chief urges Ogra to take stakeholders on board

LAHORE: Chairman Pakistan LPG Marketers Association (PLPGMA) has urged the Oil & Gas Regulatory Authority (Ogra)...

Published 08 May, 2021 03:30am

Energy

SNGPL, SSGC consumers: Ogra announces RLNG provisional prices

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA), on Friday, announced RLNG provisional prices for the...

Published 08 May, 2021 03:30am

Commodities

Gold gains

KARACHI: Gold prices on Friday showed some momentum on the local market, traders said. The yellow metal price grew...

Published 08 May, 2021 03:30am

Stocks

Japanese shares up

TOKYO: Japanese shares ended higher on Friday as investors scooped up cheap technology stocks, while concerns around...

Published 08 May, 2021 03:30am

Stocks

China stocks fall

SHANGHAI: China stocks fell on Friday to end the week lower, as worries over lofty valuations and Sino-West tensions...

Published 08 May, 2021 03:30am

Stocks

Friday’s early afternoon trade: S&P hits record, Nasdaq jumps

NEW YORK: The S&P 500 and the Dow Jones Industrials hit record highs on Friday, while the technology-heavy ...

Published 08 May, 2021 03:30am

Stocks

Dow Jones ends at record high

NEW YORK: The Dow Jones Industrial Average closed at a record high on Thursday, bolstered by an upbeat weekly ...

Published 08 May, 2021 03:30am

Stocks

European stocks at record high

AMSTERDAM/LONDON: European stocks closed at a record high on Friday, marking strong weekly gains as positive ...

Published 08 May, 2021 03:30am

Stocks

British mid-caps hit record high

LONDON: Britain’s mid-cap index closed at a record high on Friday as hopes of a stronger economic recovery lifted...

Published 08 May, 2021 03:30am

Grains

EU wheat extends rally

PARIS: Euronext wheat climbed further on Thursday, again buoyed by rising corn prices that raised the prospect of...

Published 08 May, 2021 03:30am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (May 7, 2021)....

Published 08 May, 2021 03:30am

Cotton & Textile

Thin trading activity on cotton market

KARACHI: The sluggish trend remained continued in the local cotton market on Friday. Market sources told that ...

Published 08 May, 2021 03:30am

Commodities

PMEX daily trading report

KARACHI: On Thursday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 16.938...

Published 08 May, 2021 03:30am

Grains

Dryness speeds Argentine soya harvest

BUENOS AIRES: Argentine soy and corn harvesting is being driven by ideal weather conditions but the lack of rain ...

Published 08 May, 2021 03:30am

Commodities

China steel futures rise to record high

CHICAGO: Chinese steel futures resumed their record-setting rally on Thursday, after a five-day Labour Day holiday,...

Published 08 May, 2021 03:30am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: A total of 7753 containers were handled out of which 4909 were of imports and 2844 were of exports. 4909...

Published 08 May, 2021 03:30am

Commodities

Palm oil jumps 5pc

SINGAPORE: Malaysian palm oil futures jumped 5% on Friday, climbing to their highest level since 2008 and recording...

Published 08 May, 2021 03:30am

Commodities

Copper scales record high on industry and speculative buying

• Aluminium touches three-year peak • Zinc surpasses $3,000 for 1st time since June 2018 • Lead hits highest...

Published 08 May, 2021 03:30am

Energy

Oil prices set for weekly gain despite India virus surge

NEW YORK: Oil prices were little changed on Friday as the COVID-19 crisis in India worsened but prices were set for ...

Published 08 May, 2021 03:30am

Commodities

Tokyo rubber futures down

TOKYO: Japanese rubber futures gave up early gains to end lower on Friday, snapping a four-session rally which was...

Published 08 May, 2021 03:30am

Commodities

Gold accelerates to best week in 6 months in Europe

AMSTERDAM/LONDON: Gold extended its rally, jumping more than 1% to its best week since November last year after an...

Published 08 May, 2021 03:30am

Energy

Total pulls Le Monde ads over report on Myanmar military ties

PARIS: French energy giant Total pulled adverts from Le Monde after it reported that the company was paying gas...

Published 08 May, 2021 03:30am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time)

Published 08 May, 2021 03:30am

Rates.LME

LME official prices

LONDON: The following were Thursday official prices....

Published 08 May, 2021 03:30am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Friday (May 7, 2021)...

Published 08 May, 2021 03:30am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Friday

Published 08 May, 2021 03:30am

Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Friday

Published 08 May, 2021 03:30am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday

Published 08 May, 2021 03:30am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees

Published 08 May, 2021 03:30am

Rates.The Rupee

THE RUPEE: PKR continues to gain value

KARACHI: On Friday, PKR continued to gain value for third consecutive day against USD in both interbank and open...

Published 08 May, 2021 03:30am

Rates.KIBOR

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday

Published 08 May, 2021 03:30am

Rates.LIBOR

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Friday (May 7, 2021)....

Published 08 May, 2021 03:30am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 08 May, 2021 03:30am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan

Published 08 May, 2021 03:30am

Forex

Banks rates for currency notes (buying and selling)

KARACHI: The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on ...

Published 08 May, 2021 03:30am

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 08 May, 2021 03:30am

Rates.LIBOR

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Friday

Published 08 May, 2021 03:30am

Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...

Published 08 May, 2021 03:30am

Forex

Exchange rates: buying and selling

KARACHI: Exchange rates issued by the Treasury Management Division of National Bank

Published 08 May, 2021 03:30am

Rates.Banks

Barclays bid rates and maximum rates for payment of interest

KARACHI: Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than...

Published 08 May, 2021 03:30am

Rates.SBP

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 26	278.42
USD PKR Interbank Buying / Dec 26	278.27
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03
France CAC40 / Dec 24	7,282.69
India Sensex / Dec 26	78,475.29

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Karachi Cotton PKR/37.32 KG / Dec 26	17,785
Petrol/Litre / Dec 27	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 26 First Capital Equities Limited(FCEL)	6.10 ▲ 1.00 (19.61%)
Sec. Inv. Bank / Dec 26 Security Investment Bank Limited(SIBL)	6.99 ▲ 1.00 (16.69%)
Next Capital / Dec 26 Next Capital Limited(NEXT)	9.90 ▲ 1.00 (11.24%)
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	16.45 ▲ 1.50 (10.03%)
Pak Gulf Leasing / Dec 26 Pak-Gulf Leasing Company Limited(PGLC)	15.81 ▲ 1.44 (10.02%)
Dewan Motors / Dec 26 Dewan Farooque Motors Limited(DFML)	42.21 ▲ 3.84 (10.01%)
Blue-Ex Ltd / Dec 26 Blue-Ex Limited (GEM)(GEMBLUEX)	44.96 ▲ 4.09 (10.01%)
Suhail Jute / Dec 26 Suhail Jute Mills Limited(SUHJ)	99.06 ▲ 9.01 (10.01%)
Altern Energy / Dec 26 Altern Energy Limited(ALTN)	22.65 ▲ 2.06 (10.00%)

Stock	Price
Jauharabad Sug / Dec 26 Jauharabad Sugar Mills Limited(JSML)	23.10 ▼ -2.57 (-10.01%)
Mughal Energy / Dec 26 Mughal Energy Limited(GEM)(GEMMEL)	18.45 ▼ -2.05 (-10.00%)
Fateh Ind. / Dec 26 Fateh Industries Limited(FIL)	120.56 ▼ -13.38 (-9.99%)
Olympia Mills / Dec 26 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Popular Islamic / Dec 26 Popular Islamic Modaraba(PIM)	13.54 ▼ -1.50 (-9.97%)
Arctic Textile / Dec 26 Arctic Textile Mills Limited(ARCTM)	21.60 ▼ -2.37 (-9.89%)
Power Cem(Pref) / Dec 26 Power Cement (Pref)(POWERPS)	12.25 ▼ -1.22 (-9.06%)
Sanghar Sugar / Dec 26 Sanghar Sugar Mills Limited(SANSM)	24 ▼ -2.33 (-8.85%)
Equity Modaraba / Dec 26 First Equity Modaraba(FEM)	3 ▼ -0.29 (-8.81%)

Stock	Volume
WorldCall Telecom / Dec 26 Worldcall Telecom Limited(WTL)	127,408,831 ▼ -0.06
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	93,301,142 ▲ 1.50
TRG Pak Ltd / Dec 26 TRG Pakistan Limited(TRG)	46,900,564 ▲ 6.41
Sui South Gas / Dec 26 Sui Southern Gas Company Limited(SSGC)	33,559,500 ▼ -1.65
Cnergyico PK / Dec 26 Cnergyico PK Limited(CNERGY)	33,367,944 ▼ -0.16
K-Electric Ltd. / Dec 26 K-Electric Limited(KEL)	30,254,338 ▼ -0.19
B.O.Punjab / Dec 26 The Bank of Punjab(BOP)	30,003,113 ▼ -0.11
Hascol Petrol / Dec 26 Hascol Petroleum Limited(HASCOL)	27,155,152 ▲ 0.87
Aisha Steel Mill / Dec 26 Aisha Steel Mills Limited(ASL)	26,980,436 ▲ 0.09

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