News Archives for Print - 2021-05-12

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Print - 2021-05-12

PM achieves rice bags in Saudi charity: Bilawal

LARKANA: Pakistan People's Party (PPP) chairman Bilawal Bhutto-Zardari Tuesday stated that the enemy of the people ...

Updated 12 May, 2021 10:27am

TEVTA chairperson announces new board of governors

LAHORE: Chairperson Technical Education and Vocational Training Authority (TEVTA) Ali Salman Siddique has said that...

Updated 12 May, 2021 10:27am

PCB chief felicitates cricket team on sixth consecutive series win

LAHORE: Felicitating the Pakistan men’s cricket team on their sixth consecutive series win, Pakistan Cricket Board...

Updated 12 May, 2021 10:27am

Punjab govt to strictly enforce lockdown on Eid

LAHORE: The Punjab government has decided to strictly enforce the lockdown to restrict the movement of people on the...

Updated 12 May, 2021 10:27am

Minister condemns attack on Al-Aqsa mosque

LAHORE: Provincial Minister for Human Rights and Minorities Affairs Ejaz Alam Augustine has strongly condemned...

Updated 12 May, 2021 10:27am

Pak-Saudi ties to be vital milestone for peace in region: Sarwar

LAHORE: Terming the Saudi investment as a reflection of their confidence in government policies, Punjab Governor...

Updated 12 May, 2021 10:27am

CM approves vaccination of journalists across Punjab

LAHORE: Punjab Chief Minister Sardar Usman Buzdar on Tuesday approved recommendations of the Cabinet Committee for...

Updated 12 May, 2021 10:27am

Fight against the 3rd wave of Covid-19: PCJCCI urges govt to follow China’s techniques

LAHORE: Pak-China Joint Chamber of Commerce and Industry (PCJCCI) has urged the government to follow China’s ...

Updated 12 May, 2021 10:27am

Punjab reports 1,486 fresh Covid-19 cases, 67 deaths

LAHORE: There is no let up in coronavirus spread and causalities, as more 67 more fatalities including 43 in Lahore...

Updated 12 May, 2021 10:27am

Lahore NAB to challenge Shehbaz’s bail in SC

LAHORE: The National Accountability Bureau (NAB) Lahore has decided to approach the Supreme Court of Pakistan to...

Updated 12 May, 2021 10:27am

Chicken price at all-time high

LAHORE: There seems to be no respite for chicken meat consumers as its prices on Tuesday reached an all-time high at...

Updated 12 May, 2021 10:27am

Shamshad Akhtar elected PICG chairperson

KARACHI: Dr. Shamshad Akhtar, a former governor of the State Bank of Pakistan (SBP), has been elected chairperson of...

Updated 12 May, 2021 10:26am

Pakistan seeks UNSC collaboration to help conflict-hit states

UNITED NATIONS: Pakistan has called for greater collaboration between United Nations Security Council and UN...

Updated 12 May, 2021 10:26am

Visit of PM to Saudi Arabia termed successful

LAHORE: Terming the recent visit of Prime Minister Imran Khan to Saudi Arab as successful in all respect, Senior...

Updated 12 May, 2021 10:26am

‘Saudi support of $500m will help develop projects’

LAHORE: The Kingdom of Saudi Arabia’s commitment for provision of $500 million funds will help develop...

Updated 12 May, 2021 10:26am

Pakistan faces acute shortage of nurses: experts

KARACHI: Pakistan’s nurses and midwives are playing a vital role on the frontlines of the Covid-19 third wave...

Published 12 May, 2021 04:23am

OIC envoys slam Israel’s ‘brutal’ use of force

UNITED NATIONS: Ambassadors of member states of the Organization of Islamic Cooperation (OIC) Monday unequivocally...

Updated 12 May, 2021 10:26am

Some US states ending extra unemployment benefits

WASHINGTON: A handful of US states announced they will end extra unemployment benefits provided by the federal...

Updated 12 May, 2021 10:26am

Queen returns to public stage with UK govt's new agenda

LONDON: Queen Elizabeth II outlined her government's post-pandemic legislative agenda as she opened a new session of...

Updated 12 May, 2021 10:26am

Greensill boss takes full responsibility for collapse

LONDON: Australian financier Lex Greensill on Tuesday took full responsibility for the collapse of his finance group...

Updated 12 May, 2021 10:26am

Security cordon eased in front of White House

WASHINGTON: Closed to the public and ringed by metal fencing for nearly a year, the park in front of the White House...

Updated 12 May, 2021 10:26am

US Afghanistan pullout proceeding steadily: Pentagon

WASHINGTON: The US military's withdrawal from Afghanistan is proceeding steadily toward President Joe Biden's...

Updated 12 May, 2021 10:26am

Germany halts Facebook sharing WhatsApp data

BERLIN: A German regulator on Tuesday slapped a three-month ban on Facebook collecting user data from WhatsApp...

Updated 12 May, 2021 10:26am

Renewable energy powers ahead in 2020

PARIS: Renewable energy grew at its fastest rate in two decades, driven primarily by gains in China and wind power,...

Updated 12 May, 2021 10:26am

India PM won't attend UK G7 in person

NEW DELHI: Prime Minister Narendra Modi will not attend the G7 Summit in the UK in person, the Indian government ...

Updated 12 May, 2021 10:26am

Pfizer shot gets US drug regulator nod for 12-15 year olds as India outbreak rages

WASHINGTON: The United States drug regulator authorized the Pfizer-BioNTech vaccine for children aged 12-15 as the...

Updated 12 May, 2021 10:26am

Bid to smuggle Rs9.4m electronic goods from UAE foiled

KARACHI: Model Customs Collectorate (MCC) Airport on Tuesday claimed to have foiled an attempt to smuggle electronic...

Updated 12 May, 2021 10:28am

Elections Act, 2017: FAFEN urges govt to desist from introducing changes

ISLAMABAD: The Free and Fair Election Network (FAFEN) has urged the government to desist from any haste in...

Updated 12 May, 2021 10:28am

RCCI welcomes completion of Ring Road inquiry report

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) on Tuesday welcomed the completion of the inquiry...

Updated 12 May, 2021 10:28am

NAB for placing Shehbaz's name on ECL

LAHORE: National Accountability Bureau (NAB) has decided to get place the name of opposition leader in National...

Updated 12 May, 2021 10:28am

Pakistan condemns air strikes by Israel on Gaza

ISLAMABAD: Pakistan on Tuesday strongly condemned the air strikes by Israel in Gaza that resulted in deaths and...

Updated 12 May, 2021 10:28am

Covid-19: ICUs, HDUs fully occupied at LUMHS Hyderabad, Jamshoro

HYDERABAD: ICUs and HDUs in Jamshoro and Hyderabad branches of LUMHS have been fully occupied with Covid-19 patients...

Updated 12 May, 2021 10:28am

Renovation project of waste heat recovery power plant: Lucky Cement, Chinese energy-saving company sign agreement

BEIJING: An agreement on a renovation project of a waste heat recovery power plant was signed between China Sinoma...

Updated 12 May, 2021 10:28am

Minimum pension to reservist: SC turns down LHC judgment

ISLAMABAD: The Supreme Court Tuesday turned down the Lahore High Court judgment to pay minimum pension to the...

Updated 12 May, 2021 10:28am

SITE body urges govt to take notice of robbery incidents

KARACHI: President, SITE Association of Industry, Abdul Hadi has urged Sindh chief minister Syed Murad Ali Shah, IG...

Updated 12 May, 2021 10:28am

Mega-scheme for Karachi: Sindh govt releases Rs1.578bn

KARACHI: Sindh government released Rs 1.578 billion under the head of mega-projects Karachi by the end of first week...

Updated 12 May, 2021 10:28am

Eid shopping: Govt urged to allow businesses to open for two days

KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) has urged Sindh government to have mercy on the...

Updated 12 May, 2021 10:27am

Two cops martyred in Mastung gun attack

MASTUNG: Two law enforcement personnel embraced martyrdom in a gun attack by militants in Mastung on Tuesday....

Updated 12 May, 2021 10:27am

Countrywide rain likely during Eid holidays

KARACHI: The Met Office on Tuesday forecast countrywide rains during the Eidul Fitr holidays. It said the present...

Updated 12 May, 2021 10:27am

Weeklong Eid holidays: Traders demand security of closed markets

KARACHI: The traders and business community jointly demanded strict security and monitoring of markets during Eid...

Updated 12 May, 2021 10:27am

Media policy, corporal punishment rules, MC loan approved: Sindh cabinet slams NAB letter seeking domicile-wise employees' data

KARACHI: The provincial cabinet in its around five-hour session condemned the letter written by the National...

Updated 12 May, 2021 10:27am

Energy

Oil prices rise on nagging fears of fuel shortages

NEW YORK: Oil prices settled higher on Tuesday, as lingering fears of gasoline shortages due to an outage at the...

Published 12 May, 2021 04:23am

Cotton & Textile

New York cotton

NEW YORK: The following were the fluctuations observed during the day:...

Published 12 May, 2021 04:23am

Cotton & Textile

Cotton dips on West Texas rain possibility; WASDE eyed

NEW YORK: ICE cotton futures extended their losing streak to a third session on Tuesday on expectations for rainfall...

Published 12 May, 2021 04:23am

Energy

Asia naphtha, gasoline cracks weaken

SINGAPORE: Asia’s naphtha and gasoline cracks slipped on Tuesday, weighed down by rising supplies and weakening...

Published 12 May, 2021 04:23am

Commodities

US MIDDAY: Soyabean futures top $16 since 2012

PARIS/SINGAPORE: Chicago Board of Trade soyabean futures jumped 1.8% on Tuesday, surging above $16 a bushel for the...

Published 12 May, 2021 04:23am

Commodities

US MIDDAY: Gold prices muted

NEW YORK: Gold prices were subdued on Tuesday as rising US Treasury yields countered support from a weaker dollar ...

Published 12 May, 2021 04:23am

Letters

Finance minister Tarin working harder

It is heartening to learn that the government has successfully devised a strategy to move towards sustainable...

Published 12 May, 2021 04:23am

The US state with the most detailed corporate diversity disclosures

Aerospace company Boeing Co was explicit, naming who among its dozen directors were women, Asian and African...

Published 12 May, 2021 04:23am

Improving value-added exports: some suggestions

A new team has taken over the Ministry of Finance in Islamabad. Let us hope they will be more amenable to issues...

Published 12 May, 2021 04:23am

Amazing e-Commerce opportunities

Amazon, the e-Commerce giant, has recently added Pakistan to its approved sellers list, making it the 102nd country...

Published 12 May, 2021 04:23am

Pak-Iran freight train service restored

CHAGAI: The goods train service between Pakistan and Iran has been restored after remaining suspended for seven ...

Updated 12 May, 2021 10:27am

Embassies abroad to support investment in Fiedmc: Qureshi

FAISALABAD: Foreign Minister Shah Mehmood Qureshi said embassies abroad will extend full support for investment in...

Updated 12 May, 2021 10:27am

Cultural Heritage Protection: China, Pakistan, Afghanistan sign cooperation accords

BEIJING: China, Pakistan and Afghanistan on Tuesday co-signed the first Asian bilateral cooperation agreements on...

Updated 12 May, 2021 10:27am

FBAATI sets up vaccination centre for its workers

KARACHI: Federal B Area Association of Trade and Industry (FBAATI) set up a vaccination centre for FBAATI ...

Updated 12 May, 2021 10:27am

Controlling street crimes top priority: Karachi police chief

KARACHI: Newly appointed Additional Inspector General of Police - Karachi Imran Yaqoob Minhas Tuesday ordered to...

Updated 12 May, 2021 10:27am

‘Drip irrigation may boost cotton, sugarcane production’

BEIJING: “The climate of Pakistan is very similar to that of Southern Xinjiang, especially Aksu. The drip...

Published 12 May, 2021 04:23am

Stocks

Japanese shares tumble

TOKYO: Japanese shares tumbled on Tuesday, dragged down by technology stocks tracking overnight Wall Street losses,...

Published 12 May, 2021 04:23am

Stocks

European stocks mark worst sell-off this year

AMSTERDAM/LONDON: European stocks tumbled from all-time highs on Tuesday, with the travel, retail and technology...

Published 12 May, 2021 04:23am

Stocks

China stocks surge

SHANGHAI: China stocks ended firmer on Tuesday, underpinned by gains in consumer and healthcare firms, after data...

Published 12 May, 2021 04:23am

Stocks

Tuesday's early trade: Inflation fears push S&P to one-month low

NEW YORK: Wall Street's main indexes fell for a second straight session and the S&P 500 hit a one-month low on...

Published 12 May, 2021 04:23am

Stocks

Wall Street down

NEW YORK: Wall Street closed lower on Monday as inflation jitters drove investors away from market-leading growth...

Published 12 May, 2021 04:23am

Stocks

Indian shares down

BENGALURU: Indian shares snapped a four-session rally on Tuesday as financial and IT stocks slid amid worries that a...

Published 12 May, 2021 04:23am

Stocks

Australian, NZ shares down

SYDNEY/WELLINGTON: Tech stocks dragged Australian shares lower on Tuesday, in line with broader Asian markets, as...

Published 12 May, 2021 04:23am

Stocks

UK shares drop the most in 7 months

LONDON: British stocks clocked their worst day since late October on Tuesday after a sudden drop in big US tech...

Published 12 May, 2021 04:23am

The Weather

KARACHI: The weather report on Tuesday (May 11, 2021) and the forecast for Wednesday (May 12, 2021)....

Published 12 May, 2021 04:23am

Rates.LME

LME official prices

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

Published 12 May, 2021 04:23am

Rates.LIBOR

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Tuesday (May 11, 2021)....

Published 12 May, 2021 04:23am

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 12 May, 2021 04:23am

PM says Tarin’s appointment aimed at boosting growth, containing inflation

• ‘Our government saved the economy in the midst of pandemic’ • Financial assistance from Saudi Arabia,...

Published 12 May, 2021 04:23am

Over 40 years of age: Walk-in Covid vaccination facility from today: Umar

ISLAMABAD: The National Command and Operation Centre (NCOC) Chairman Asad Umar Tuesday said the government is to...

Published 12 May, 2021 04:23am

‘Fake’ Covid-19 PCR test reports: CAA takes notice of inbound travellers

ISLAMABAD: The Civil Aviation Authority (CAA) Tuesday said that passengers travelling to Pakistan, especially from...

Published 12 May, 2021 04:23am

Guidelines, protocols notified: No hugs, no handshakes on Eid

ISLAMABAD: The National Command and Operation Centre (NCOC) Tuesday while issuing guidelines in connection with ...

Published 12 May, 2021 04:23am

OECD urges hiking succession tax to reverse inequality

PARIS: Rising financial inequality can be tackled and public finances improved at the same time by hiking...

Published 12 May, 2021 04:23am

Ministry to submit wheat import plan to ECC after Eid

ISLAMABAD: The Ministry of National Food Security and Research (MNFS&R) is to submit plan to import 0.4 million...

Published 12 May, 2021 04:23am

China’s population growth slips to slowest ever

BEIJING: China's population grew at its slowest in the last decade since the 1950s as births declined, sowing doubt...

Published 12 May, 2021 04:23am

Qureshi says ‘Pakistan would welcome third party facilitation by Saudi Arabia’

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi on Tuesday categorically said Pakistan has no intention to give...

Published 12 May, 2021 04:23am

‘No talks with India until it revokes August 5 action’

• PM says Shehbaz facing money laundering case worth Rs700bn ISLAMABAD: Prime Minister Imran Khan on Tuesday said...

Published 12 May, 2021 04:23am

Non-deduction of GST on service: Tax levied on Pesco withdrawn

ISLAMABAD: The Khyber-Pakhtunkhwa Revenue Authority, Collector Appeals has withdrawn the tax imposed on the Peshawar...

Published 12 May, 2021 04:23am

Purchases made from persons in Fata, Pata not liable to GST: ATIR

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) has declared that the purchases made from the persons ...

Published 12 May, 2021 04:23am

Dozens dead as Israel, Hamas escalate aerial bombardments

GAZA/OCCUPIED JERUSALEM: Hostilities between Israel and the Palestinian Islamist group that runs Gaza escalated on...

Published 12 May, 2021 04:23am

Commodities

China steel futures extend gains

BEIJING: Chinese steel rebar and hot rolled coils futures surged over 6% on Tuesday, as production curb worries and...

Published 12 May, 2021 04:23am

Commodities

Copper bounces back as bullish investors bet on shortages

LONDON: Copper prices rebounded on Tuesday as investors renewed their buying spree, hoping that supply constraints...

Published 12 May, 2021 04:23am

Commodities

Palm oil ends lower for second day

KUALA LUMPUR: Malaysian palm oil futures fell for a second straight day on Tuesday, as pressure from rising...

Published 12 May, 2021 04:23am

Commodities

Raw sugar touches 2-1/2 month high

LONDON: Raw sugar futures on ICE hit their highest in 2-1/2 months on Tuesday, jumping above 18 cents per lb on...

Published 12 May, 2021 04:23am

Commodities

Gold prices down in Asia

SINGAPORE: Gold prices inched lower in Asian trade on Tuesday as a rebound in dollar dented the metal’s appeal,...

Published 12 May, 2021 04:23am

Commodities

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	1.05
USD to Swiss Franc / Dec 17	0.90
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	154.09

Stock	Volume
S&P 500 / Dec 16	6,074.08
Nasdaq / Dec 16	20,173.89
Dow Jones / Dec 16	43,717.48
India Sensex / Dec 17	80,962.81
Tokyo Nikkei / Dec 17	39,364.68
Hang Seng / Dec 17	19,777.10
FTSE 100 / Dec 17	8,214.43
Germany DAX 30 / Dec 17	20,290.76

Item	Value
Gold 10 Grams PKR / Dec 16	243,059.70
Crude Oil USD/Barrel / Dec 17	70.82
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold Spot USD/Ounce / Dec 17	2,654.67
Cotton US¢/pound / Dec 17	69.11
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Dec 17 Dadabhoy Cement Industries Limited(DBCI)	7.11 ▲ 1.00 (16.37%)
First Capital Equities / Dec 17 First Capital Equities Limited(FCEL)	6.74 ▲ 0.82 (13.85%)
Oilboy Energy / Dec 17 Oilboy Energy Limited(OBOY)	10.45 ▲ 1.00 (10.58%)
LSE Financial Serv. / Dec 17 LSE Financial Services Limited(LSEFSL)	18.32 ▲ 1.67 (10.03%)
Air Link Com. / Dec 17 Air Link Communication Limited(AIRLINK)	208.93 ▲ 18.99 (10.00%)
Data Agro / Dec 17 Data Agro Limited(DAAG)	126.58 ▲ 11.51 (10.00%)
Fazal Cloth / Dec 17 Fazal Cloth Mills Limited(FZCM)	179.55 ▲ 16.32 (10.00%)
Land Mark Spinning / Dec 17 Landmark Spinning Industries Limited(LMSM)	63.91 ▲ 5.81 (10.00%)
Pak Datacom / Dec 17 Pak Datacom Limited(PAKD)	94.49 ▲ 8.59 (10.00%)

Stock	Price
Tri-Star Power / Dec 17 Tri-Star Power Limited(TSPL)	5.51 ▼ -0.74 (-11.84%)
Gulshan Sp. / Dec 17 Gulshan Spinning Mills Limited(GSPM)	4.19 ▼ -0.51 (-10.85%)
Sanghar Sugar / Dec 17 Sanghar Sugar Mills Limited(SANSM)	32.02 ▼ -3.56 (-10.01%)
Aisha Steel (CPS) / Dec 17 Aisha Steel Mills Limited (CPS)(ASLCPS)	20.17 ▼ -2.24 (-10.00%)
Chakwal Spinning / Dec 17 Chakwal Spinning Mills Limited(CWSM)	53.72 ▼ -5.97 (-10.00%)
Leiner Pak Gelat / Dec 17 Leiner Pak Gelatine Limited(LPGL)	126.67 ▼ -14.07 (-10.00%)
Mari Petroleum / Dec 17 Mari Petroleum Company Limited(MARI)	809.76 ▼ -89.97 (-10.00%)
Quetta Textile / Dec 17 Quetta Textile Mills Limited(QUET)	17.73 ▼ -1.97 (-10.00%)
Fateh Ind. / Dec 17 Fateh Industries Limited(FIL)	120.57 ▼ -13.37 (-9.98%)

Stock	Volume
WorldCall Telecom / Dec 17 Worldcall Telecom Limited(WTL)	403,228,918 ▼ -0.06
Pak Elektron / Dec 17 Pak Elektron Limited(PAEL)	107,379,306 ▲ 3.33
Cnergyico PK / Dec 17 Cnergyico PK Limited(CNERGY)	59,584,754 ▼ -0.06
B.O.Punjab / Dec 17 The Bank of Punjab(BOP)	57,023,129 ▲ 0.59
Pak Refinery / Dec 17 Pakistan Refinery Limited(PRL)	55,947,968 ▲ 3.65
Sui South Gas / Dec 17 Sui Southern Gas Company Limited(SSGC)	42,917,218 ▲ 1.17
PIA Holding Co.Ltd / Dec 17 PIA Holding Company Limited(PIAHCLA)	36,337,248 ▲ 1.16
Fauji Foods Ltd / Dec 17 Fauji Foods Limited(FFL)	33,958,478 ▼ -0.28
Hub Power Co. / Dec 17 The Hub Power Company Limited(HUBC)	33,067,460 ▲ 11.97

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