News Archives for Print - 2021-06-20

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Print - 2021-06-20

Brazil tops 500,000 deaths

RIO DE JANEIRO: Brazil on Saturday crossed the grim threshold of 500,000 coronavirus deaths, the country’s health...

Published 20 Jun, 2021 03:39am

South China airport cancels flights after Covid case

BEIJING: The airport in China’s southern city of Shenzhen cancelled hundreds of flights and tightened entry...

Published 20 Jun, 2021 03:39am

Moscow records pandemic high for Covid cases for second day running

MOSCOW: Russia’s capital Moscow on Saturday reported a pandemic high for new coronavirus cases for the second...

Published 20 Jun, 2021 03:39am

French police battle party-goers

REDON, (France): Five police officers were injured in western France as they broke up a 1,500-strong illegal rave,...

Published 20 Jun, 2021 03:39am

US marks slavery’s end on new ‘Juneteenth’ national holiday

NEW YORK: With marches, music and speeches, Americans on Saturday celebrated “Juneteenth”, the newly declared...

Published 20 Jun, 2021 03:39am

Four dead as plane crashes in Siberia

MOSCOW: Four people were killed and four others seriously injured on Saturday after a plane carrying parachutists...

Published 20 Jun, 2021 03:39am

Ramzan Sugar Mills challenges notice of FBR for audit

LAHORE: Ramzan Sugar Mills owned by Sharif family has challenged a notice of Federal Board of Revenue (FBR) for ...

Published 20 Jun, 2021 03:39am

Budgets

Punjab govt allocates Rs86.2bn for sustainable water supply, sanitation

LAHORE: In the new budget, the Punjab government has allocated Rs86.2 billion for the Punjab rural sustainable water...

Published 20 Jun, 2021 03:39am

PACRA upgrades credit rating of BoP to ‘AA+’

LAHORE: In recognition of the outlook of the bank, as well as strong financial performance and considerable progress...

Published 20 Jun, 2021 03:39am

Minister praises PM for improving economy

LAHORE: Punjab Industries and Commerce Minister Mian Aslam Iqbal has said that the national economy is improving;...

Published 20 Jun, 2021 03:39am

Buzdar says no system can move forward without punishment, reward

LAHORE: Punjab Chief Minister Sardar Usman Buzdar said on Saturday that no system can move forward without ...

Published 20 Jun, 2021 03:39am

‘Punjab government increased budget allocation of every department’

LAHORE: PML-N MPA Ramesh Singh Arora said on Saturday that the PTI government failed to make bylaws of the landmark...

Published 20 Jun, 2021 03:39am

Alleged fraud with Turkish actor: LHC seeks report from CIA by tomorrow

LAHORE: The Lahore High Court sought report from Crime Investigation Agency (CIA) by June 21 about the arrest of...

Published 20 Jun, 2021 03:39am

Alvi for mosque as institution for social uplift

KARACHI: President Dr Arif Alvi on Saturday stressed the importance of the mosque as an institution for the social...

Published 20 Jun, 2021 03:39am

PFD to set up special flour sale points in eight major cities

LAHORE: The Punjab Food Department has decided to setup special sale points in 08 major cities of the province in...

Published 20 Jun, 2021 03:39am

Quake jolts parts of Balochistan

QUETTA: A moderate earthquake jolted various districts of Balochistan on Saturday but no causality or property ...

Published 20 Jun, 2021 03:39am

Punjab seeks Chinese help on FMD vaccine production project

LAHORE: The Punjab Government has requested the federal government to seek Chinese cooperation for the project of...

Published 20 Jun, 2021 03:39am

Misbah says Amir may rejoin team by showing performance

LAHORE: Citing poor performance and injuries as reasons of dropping of Mohammad Amir from the team, Pakistan head...

Published 20 Jun, 2021 03:39am

US mobile firm Africell vows to ‘shake up’ Angola market

JOHANNESBURG: US-owned mobile network operator Africell, the first wholly foreign-owned operator licensed to provide...

Published 20 Jun, 2021 03:39am

Australia takes China to WTO over wine duties

SYDNEY: Australia will take China before the World Trade Organization over Beijing’s imposition of crippling...

Published 20 Jun, 2021 03:39am

Pacific undersea cable project sinks after US warns against Chinese participation

SYDNEY/BEIJING: A World Bank-led project declined to award a contract to lay sensitive undersea communications ...

Published 20 Jun, 2021 03:39am

Body of missing US woman found in Russia

MOSCOW: Russian investigators said Saturday they have detained a man on suspicion of murder after finding the body ...

Published 20 Jun, 2021 03:39am

Baltic Pipe gas link work resumes but faces 3-month delay

COPENHAGEN: Construction work on Baltic Pipe, a pipeline connecting Poland with Norwegian gas fields via the Baltic...

Published 20 Jun, 2021 03:39am

WHO declares an end to second Ebola outbreak in Guinea

NZÉRÉKORÉ, (Guinea): The World Health Organization on Saturday officially announced the end of Guinea’s second...

Published 20 Jun, 2021 03:39am

Turkish women rally to defend rights

ISTANBUL: Hundreds of women rally in Istanbul on Saturday, urging President Recep Tayyip Erdogan to reverse his...

Published 20 Jun, 2021 03:39am

Energy

Brent crude’s premium to Dubai hits 21-month high

SINGAPORE: Brent crude’s premium to Dubai quotes rose on Friday to the highest in 21 months on the back of ...

Published 20 Jun, 2021 03:39am

Zardari arrives in city

LAHORE: Former President Asif Zardari has arrived in the city. He is due to hold some important meetings during his...

Published 20 Jun, 2021 03:39am

Presidential elections in Iran: Qureshi greets counterpart on successful conclusion

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi met with Foreign Minister of Iran Mohammad Javad Zarif on the...

Published 20 Jun, 2021 03:39am

Jhagra terms KP budget growth-oriented, pro-poor

PESHAWAR: Khyber Pakhtunkhwa Finance Minister Taimur Saleem Khan Jhagra said the provincial government presented a...

Published 20 Jun, 2021 03:39am

Corona vaccination process halted in Lahore due to shortage

LAHORE: The health authority has temporarily halted the coronavirus vaccination process at different vaccination...

Published 20 Jun, 2021 03:39am

Rana raps PTI govt for ‘using FIA against opponents’

LAHORE: Pakistan Muslim League-Nawaz (PML-N) Punjab President Rana Sanaullah has criticized the PTI government for...

Published 20 Jun, 2021 03:39am

PTI govt committed to ensuring transparency in electoral process: Firdous

LAHORE: Special Assistant to Chief Minister on Information Dr Firdous Ashiq Awan has said that the Pakistan...

Published 20 Jun, 2021 03:39am

PTI MNA’s servant found dead in his room in Parliament Lodges

ISLAMABAD: The strangulated dead body of Pakistan Tehreek-e-Insaf (PTI) MNA Lal Chand’s servant, who apparently...

Published 20 Jun, 2021 03:39am

SCO meeting: NSA to leave for Dushanbe today

ISLAMABAD: National Security Advisor Dr Moeed Yusuf is leaving for Dushanbe today (Sunday) to participate in the ...

Published 20 Jun, 2021 03:39am

Virtual Mango Show organized at Hyderabad Club

HYDERABAD: District Administration Hyderabad organized Virtual Mango Show at Hyderabad Club Qasimabad. On this...

Published 20 Jun, 2021 03:39am

AKRA requests PM for normal functioning of restaurants

KARACHI: All Karachi Restaurants Association (AKRA) has requested Prime Minister Imran Khan for permission of normal...

Published 20 Jun, 2021 03:39am

Opposition terms Sindh budget ‘figures game’

KARACHI: The Sindh Assembly on Saturday continued debate on budget 2021-22, which saw praises from treasury, while...

Published 20 Jun, 2021 03:39am

HED unveils coherent & comprehensive training strategy for college faculty

LAHORE: Capacity building of teachers is directly proportional to the quality of education imparted at college ...

Published 20 Jun, 2021 03:39am

Haleem Adil comes down hard on Bilawal

KARACHI: Central Vice President PTI and Leader of the Opposition in Sindh Assembly, Haleem Adil Sheikh coming down...

Published 20 Jun, 2021 03:39am

‘Economy cannot grow on the basis of tall claims’

KARACHI: Chairman of National Business Group, President Pakistan Businessmen and Intellectuals Forum, Mian Zahid...

Published 20 Jun, 2021 03:39am

SAI chief demands gas supply to industries at required pressure

KARACHI: Abdul Hadi, President, Site Association of Industry, while expressing deep concern over non-supply of gas ...

Published 20 Jun, 2021 03:39am

Pak-Iran train service halted after six bogies derail

QUETTA: Railway officials said that Pakistan-Iran rail service has been suspended after six train bogies derailed...

Published 20 Jun, 2021 03:39am

PTFC decides to reopen primary schools across Sindh from tomorrow

KARACHI: Provincial Task Force on Corona (PTFC) has decided to open primary schools from June 21 across the Sindh...

Published 20 Jun, 2021 03:39am

Letters

Political climate: the less said, the better

The Balochistan government has unveiled its budget worth Rs 584 billion for the fiscal year 2021-22 with a total...

Published 20 Jun, 2021 03:39am

Covid deals new blow to foreign carmakers’ Indian dream

Foreign automakers’ hopes of a booming Indian car market are fading fast as a brutal second wave of Covid-19...

Published 20 Jun, 2021 03:39am

Researchers find biological links between red meat and colorectal cancer

Eating less red meat is standard medical advice for preventing colorectal cancer, but the way it causes cells to...

Published 20 Jun, 2021 03:39am

Macro stresses begin to surface

Signs of building macro stress have started to show, especially in the external account. Rising global commodity...

Published 20 Jun, 2021 03:39am

Gangs active as cash, valuables worth Rs3.8m stolen

ISLAMABAD: Cash, gold ornaments, other valuables, and vehicles worth Rs45,869,600 were stolen by gangs of robbers ...

Published 20 Jun, 2021 03:39am

FBR unearths massive under-invoicing

ISLAMABAD: The Federal Board of Revenue (FBR)’s Directorate General of Customs Post Clearance Audit has unearthed...

Published 20 Jun, 2021 03:39am

Systems Limited wins LCCI’s President IT Award

ISLAMABAD: The Lahore Chamber of Commerce and Industry (LCCI) awarded Systems Limited with the President IT Award....

Published 20 Jun, 2021 03:39am

Sexual violence in IIOJK: World urged to fulfil commitments under UN charter: FO

ISLAMABAD: Pakistan Saturday joined the international community in commemorating the International Day for the...

Published 20 Jun, 2021 03:39am

Forbes recognises Mariam Nusrat Adil

ISLAMABAD: Mariam Nusrat Adil, a Pakistani national, the founder of Gaming Revolution for International Development...

Published 20 Jun, 2021 03:39am

MQM-P flays suspension of CNG supply

KARACHI: Muttahida Qaumi Movement-Pakistan (MQM-P) on Saturday expressed its concern over suspension of CNG supply ...

Published 20 Jun, 2021 03:39am

User Acceptance Test: FBR urged to upload amended income return on IRIS portal

KARACHI: Karachi Tax Bar Association (KTBA) has urged the Federal Board of Revenue (FBR) to upload the amended ...

Published 20 Jun, 2021 03:39am

SBP, JazzCash join hands to increase financial literacy

KARACHI: National Institute of Banking and Finance (NIBAF) – a subsidiary of the State Bank of Pakistan (SBP) and...

Published 20 Jun, 2021 03:39am

‘Women’s Peace Council’ launched

LAHORE: A non-political forum and neutral body with representation of all segments of society named ‘Women’s...

Published 20 Jun, 2021 03:39am

IPS holds webinar ‘Budget to widen rich-poor gap due to indirect taxes’

ISLAMABAD: Excessive reliance in the budget for 2021-22 on indirect taxation, including withholding tax as part of...

Published 20 Jun, 2021 03:39am

Commodities

Copper heads for biggest weekly fall since March 2020

LONDON: Copper on Friday was on track for its biggest weekly fall since March 2020 after the Federal Reserve...

Published 20 Jun, 2021 03:39am

Commodities

EU wheat export outlook promising as harvest, Russia eyed

PARIS: French sales to China, a big expected Romanian crop and competitive prices for German and Baltic supplies...

Published 20 Jun, 2021 03:39am

Commodities

Corn, soya rebound after sell-off as weather risks weighed

CHICAGO: US corn, soyabean and wheat futures rose sharply on Friday, rebounding from steep declines a day earlier on...

Published 20 Jun, 2021 03:39am

Commodities

Paris wheat rebounds with Chicago, lower over week

PARIS: Euronext wheat futures rose on Friday, recovering from a three-week low as Chicago grain futures rebounded...

Published 20 Jun, 2021 03:39am

Commodities

China’s refinery output hits record as margins improve on new taxes

SINGAPORE: China’s refinery throughput rose 4.4% in May from the same month a year ago to a record high, as ...

Published 20 Jun, 2021 03:39am

Commodities

China buys at least 8 US soyabean cargoes, most in 4-1/2 months

BEIJING: Chinese state-owned importers bought at least eight cargo shipments of US soyabeans on Friday, or at least...

Published 20 Jun, 2021 03:39am

Commodities

China May aluminium output slips

BEIJING: China’s primary aluminium output fell slightly in May versus April, official data showed on Wednesday, as...

Published 20 Jun, 2021 03:39am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Saturday (June 19, 2021)....

Published 20 Jun, 2021 03:39am

Cotton & Textile

Cotton market remains stable; spot rate rises

KARACHI: The Spot Rate Committee of the Karachi Cotton Association on Saturday increased the spot rate by Rs 300 and...

Published 20 Jun, 2021 03:39am

Rates

Automart: car prices in Karachi

KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (June 19,...

Published 20 Jun, 2021 03:39am

The Weather

KARACHI: The weather report on Saturday (June 19, 2021) and the forecast for Sunday (June 20, 2021)....

Published 20 Jun, 2021 03:39am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Saturday (June 19, 2021)...

Published 20 Jun, 2021 03:39am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (June 19, 2021). ======================================= Offset...

Published 20 Jun, 2021 03:39am

Value-added dairy products: FBR asked to reinstate salex tax of 10%

Finance Minister Shaukat Tarin directs FBR to ensure previous rate is incorporated in final budget to be passed by Parliament

Updated 20 Jun, 2021 01:33pm

Imports by diplomats/embassies: Duty relief caused Rs506m revenue loss in FY20: FBR

ISLAMABAD: The exemption of customs duty available on the import of goods by diplomats/ embassies/consulates has...

Published 20 Jun, 2021 03:39am

Water, sanitation services in Punjab: WB board approves $442m financing

ISLAMABAD: The World Bank’s Board of Executive Directors has approved $442 million in financing to support ...

Published 20 Jun, 2021 03:39am

Opposition steps up attacks on govt’s economic policies

Points at increase in gas infrastructure cess and inflation
On the other end, treasury benches heap praise on govt for 'people-friendly budget'

Updated 20 Jun, 2021 12:26pm

China’s cryptocurrency-mining crackdown spreads to Sichuan

SHANGHAI/HONG KONG: China’s crackdown on cryptocurrency “mining” has extended to the southwest province of...

Updated 20 Jun, 2021 10:26am

Govt likely to accept BoI chairman’s resignation

ISLAMABAD: The federal government is likely to accept the resignation of Minister of State/Chairman Board of...

Published 20 Jun, 2021 03:39am

Ultraconservative Raisi wins Iran presidential vote

TEHRAN: Ultraconservative cleric Ebrahim Raisi was declared the winner Saturday of Iran's presidential election, a...

Published 20 Jun, 2021 03:39am

Modi calls all-party meeting on IIOJK status

NEW DELHI: Indian Prime Minister Narendra Modi has called an all-party meeting on Indian Illegally Occupied Jammu ...

Published 20 Jun, 2021 03:39am

Qureshi forewarns international community ‘India must refrain from taking any further illegal step in IIOJK’

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi has forewarned the international community and stated that India...

Published 20 Jun, 2021 03:39am

Kulbhushan Jadhav: India has chosen to misrepresent ICJ judgement: FO

ISLAMABAD: Two days after India objected to the recently-passed legislation providing for the right of appeal to...

Published 20 Jun, 2021 03:39am

Afghan president replaces security ministers

KABUL: Afghan President Ashraf Ghani replaced two top ministers charged with managing the country's faltering...

Published 20 Jun, 2021 03:39am

Any sort of action inside Afghanistan: PM says Pakistan will ‘absolutely not’ allow any bases

ISLAMABAD: Prime Minister Imran Khan has categorically said that Pakistan would “absolutely not” allow any bases...

Published 20 Jun, 2021 03:39am

Ads related to CIS: SECP specifies additional requirements for AMCs

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has specified additional requirements for Asset...

Published 20 Jun, 2021 03:39am

Passage of election bill: Opposition parties decide to convene APC

ISLAMABAD: Opposition political parties have decided to convene an all-parties conference (APC) on the...

Published 20 Jun, 2021 03:39am

Covid-19 vaccine supplies: What has actually aggravated the situation?

ISLAMABAD: Ministry of Finance’s (MoF’s) reluctance to provide required foreign exchange for procurement of...

Published 20 Jun, 2021 03:39am

Industry

Kohat Textile Mills establishes first Solar Industrial Park

PESHAWAR: Kohat Textile Mills of the Saif Group of Companies become first industrial unit of Khyber Pakhtunkhwa that...

Published 20 Jun, 2021 03:39am

Money & Banking

‘SBP’s steps reasonable for promotion of digital banking sector’

KARACHI: Economic and financial analyst, Ateeq Ur Rehman has said that the steps taken by the SBP are quite...

Published 20 Jun, 2021 03:39am

A new govt in Israel

EDITORIAL: After four inconclusive elections outcomes in two years Israeli parliament, Knesset, finally approved a...

Published 20 Jun, 2021 03:39am

A shameful spectacle

EDITORIAL: After three consecutive days of treasury and the opposition benches, almost at each other’s throats, ...

Published 20 Jun, 2021 03:39am

Afghan war endgame, or not quite?

EDITORIAL: It’s not very long now before it will become clear whether the long Afghan war will quietly fizzle out...

Published 20 Jun, 2021 03:39am

Taxes

Flour mills’ turnover: Govt urged to withdraw 400pc hike in tax rate

ISLAMABAD: The business community Saturday asked the government to withdraw 400 percent hike in the income tax rate...

Published 20 Jun, 2021 03:39am

Prices of kitchen items witness mixed trend

Commodities

Industry

Cellular phones’ import grows by 63.4pc

ISLAMABAD: The country imported mobile phones worth $1.860 billion during July-May 2020-21 compared to $1.138 ...

Published 20 Jun, 2021 03:39am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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