News Archives for Print - 2021-08-01

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Print - 2021-08-01

New subsidy mechanism: Power Division moves Nepra for approval

Move aimed at bifurcating domestic consumers in more categories for higher revenue generation

Updated 01 Aug, 2021 12:09pm

Federal govt opposes Sindh govt’s lockdown move

KARACHI: In clear opposition to the lockdown enforced in Karachi by the Sindh government, Federal Information...

Published 01 Aug, 2021 04:50am

‘China will maintain prudent, flexible monetary policy in H2’

BEIJING: China will maintain a prudent, flexible and targeted monetary policy in the second half of the year, its...

Published 01 Aug, 2021 04:50am

President urges youth to take part in TBTT

ISLAMABAD: President Dr Arif Alvi Saturday urged the young generation to play their dynamic role in the...

Published 01 Aug, 2021 04:50am

KSE-100 posts 0.6pc negative return in July

KARACHI: Pakistan Stock Exchange witnessed selling pressure and the KSE-100 Index posted a negative return of 0.6...

Updated 01 Aug, 2021 12:09pm

Israel blames Iran over lethal attack on oil tanker off Oman

OCCUPIED JERUSALEM: Two crew members of an oil tanker managed by a prominent Israeli businessman’s company were...

Published 01 Aug, 2021 04:47am

Tunisian security forces place prominent judge under house arrest

TUNIS: A Tunisian judge who has been accused by human rights groups of hiding terrorism-related files has been ...

Published 01 Aug, 2021 04:47am

China says Delta variant behind virus surge

BEIJING: China raced Saturday to contain its worst coronavirus outbreak in months, as health officials blamed the...

Published 01 Aug, 2021 04:47am

Protests, accusations against Myanmar junta six months on from coup

BANGKOK: Small groups of students protested against Myanmar’s military junta on Saturday in Mandalay and a human...

Published 01 Aug, 2021 04:47am

Malaysians stage anti-govt protest despite Covid curbs

KUALA LUMPUR: Hundreds of black-clad Malaysians staged an anti-government protest Saturday in defiance of a ban on...

Published 01 Aug, 2021 04:47am

‘The war has changed’ US documents sound alarm on Delta variant

WASHINGTON: The Delta variant of the coronavirus is as contagious as chickenpox, probably causes more severe disease...

Published 01 Aug, 2021 04:47am

Health, trade chiefs urge jab makers to help poor nations

GENEVA: Four of the world’s most prominent health, trade and financial organisations on Saturday implored Covid-19...

Published 01 Aug, 2021 04:47am

11 killed as India’s monsoon death toll swells

KOLKATA: Eleven people were killed in eastern India after torrential rains swept away homes and triggered ...

Published 01 Aug, 2021 04:47am

Heatwave causes massive melt of Greenland ice sheet

COPENHAGEN: Greenland’s ice sheet has experienced a “massive melting event” during a heatwave that has seen...

Published 01 Aug, 2021 04:47am

Doctors in Saudi separate Yemeni baby from twin

RIYADH: A team of doctors in Saudi Arabia has separated a Yemeni baby from her parasitic twin, authorities said,...

Published 01 Aug, 2021 04:47am

UK warns Covid monitor devices work less well for darker skin

LONDON: Britain’s state-run healthcare service warned Saturday that devices used by people with Covid to monitor...

Published 01 Aug, 2021 04:47am

Sarwar urges opposition to give suggestions for electoral reforms

ISLAMABAD: Federal Minister for Aviation Ghulam Sarwar Khan Saturday urged the opposition to submit their ...

Published 01 Aug, 2021 04:46am

All-new Honda City launched

LAHORE: Honda Atlas Cars Pakistan Limited (HACPL) has launched the All-new Honda City, the most anticipated car of...

Published 01 Aug, 2021 04:46am

India’s opposition makes KPL a ‘test case’ for Pakistan: Arif Malik

ISLAMABAD: The president Kashmir Premier League (KPL), Arif Malik, said on Saturday that India’s strong opposition...

Published 01 Aug, 2021 04:46am

Cantonment Board polls: PTI regional chiefs to issue party tickets

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Saturday assigned the authority to regional presidents to issue party...

Published 01 Aug, 2021 04:46am

Bandits stole, snatched valuables worth Rs23,572,950

ISLAMABAD: Gangs of bandits stole or snatched valuables including gold ornaments, cash and mobile phones of worth...

Published 01 Aug, 2021 04:46am

One Window Ehsaas Policy to ensure delivery of services, says Sania

ISLAMABAD: Special Assistant to the Prime Minister on Poverty Alleviation and Social Protection, Dr. Sania Nishtar...

Published 01 Aug, 2021 04:46am

Three sent to jail

KARACHI: A Karachi court has sent three men, arrested for illegally selling coronavirus vaccines, to jail on ...

Published 01 Aug, 2021 04:46am

COVID-19 pandemic: Federally administered sectors in Sindh to operate on old SOPs: NCOC

ISLAMABAD: The National Command and Operation Centre (NCOC) on Saturday announced that the Federally Administered...

Published 01 Aug, 2021 04:46am

Sindh governor advises CM to reconsider decision of lockdown

KARACHI: The Governor Sindh, Imran Ismail, on Saturday advised the Chief Minister to refrain from complete and...

Published 01 Aug, 2021 04:46am

First-ever ‘Technology Incubation Centre’ set up in SU Jamshoro

HYDERABAD: The first ever ‘Technology Incubation Center’ (TIC) has been set up in the Faculty of Engineering and...

Published 01 Aug, 2021 04:46am

MQM-P demands soft loans for traders to offset Covid fallouts

KARACHI: Muttahida Qaumi Movement-Pakistan (MQM-P) Saturday demanded the government to provide interest-free loans ...

Published 01 Aug, 2021 04:46am

UBG leadership appreciates highest export of IT

KARACHI: S M Muneer Patron in-Chief, Iftikhar Ali Malik, Chairman, Zubair Tufail President, other leaders and ...

Published 01 Aug, 2021 04:46am

Sanitation drive on Eidul Azha: CM distributes commendatory certificates among officers

LAHORE: Punjab Chief Minister Sardar Usman Buzdar said on Saturday that performance is a key to win the people’s...

Published 01 Aug, 2021 04:46am

Madr-e-Millat’s birthday observed

KARACHI: Madr-e-Millat Mohtarma Fatima Jinnah’s 128th birth anniversary was observed across the country on...

Published 01 Aug, 2021 04:46am

Millions of Americans at risk of losing homes as virus cases spike

Millions of Americans could find themselves homeless starting Sunday when a nationwide ban on evictions expires, ...

Published 01 Aug, 2021 04:46am

LNG sector in Pakistan — III

In the spot market, the excess and uncommitted LNG volumes are sold in other than contracted markets on the basis of...

Published 01 Aug, 2021 04:46am

BoP: there’s definitely a sense of deja vu

Pressure is building on balance of payments (BoP). Many are confusing this with the situation last witnessed in...

Updated 01 Aug, 2021 12:42pm

Letters

‘Airlifting begins for Afghans who worked for the US’

Some 200 Afghans, according to media reports, were to begin new lives in the United States on Friday as an airlift...

Published 01 Aug, 2021 04:46am

Noor Mukadam case: Physical remand of main accused extended

ISLAMABAD: A court in Islamabad on Saturday extended the physical remand for two days of Zahir Jaffer, who has been...

Published 01 Aug, 2021 04:46am

Zardari denies owning New York apartment

ISLAMABAD: Pakistan Peoples Party (PPP) co-chairman and former president Asif Ali Zardari has submitted his reply to...

Published 01 Aug, 2021 04:46am

PTI to form next govt in Sindh, ‘forecasts’ Rashid

ISLAMABAD: Interior Minister Sheikh Rasheed Saturday claimed that Pakistan Tehreek-e-Insaf (PTI) will form the next...

Published 01 Aug, 2021 04:46am

Pak Army stages Medal Parade in DR Congo

RAWALPINDI: Pakistan Army stages Medal Parade in DR Congo Force Commander of UN Stabilization Mission in Congo ...

Published 01 Aug, 2021 04:46am

Justice Isa hospitalised due to Covid complications

ISLAMABAD: Justice Qazi Faez Isa has been hospitalised on account of COVID-19-related complications. Justice Isa, a...

Published 01 Aug, 2021 04:46am

Implementation of efficient policy framework: Pakistan has seen record growth of top six crops: minister

ISLAMABAD: Federal Minister for National Food Security and Research Syed Fakhar Imam on Saturday said that due to ...

Published 01 Aug, 2021 04:46am

Heavy rain spell in city turns weather pleasant

LAHORE: A heavy spell of rain in the city amidst monsoon season turned weather pleasant on Saturday. The Met Office...

Published 01 Aug, 2021 04:46am

Three killed, four injured in rain-related incidents: PDMA

PESHAWAR: Three persons were killed and four other injured in different rain-related incidents while six houses were...

Published 01 Aug, 2021 04:46am

Four die, 10 hurt as van catches fire

ROJHAN: At least four people, children among them, were killed while ten others sustained burn injuries when a...

Published 01 Aug, 2021 04:46am

Pakistan leads South Asia in BRI infrastructure development: report

BEIJING: Despite the unexpected shock from the Covid-19 pandemic, Pakistan has elevated one place to the 5th in...

Published 01 Aug, 2021 04:46am

MPA Nazir Chohan sent to jail

LAHORE: A city magistrate on Saturday denied further physical remand of MPA Nazir Chohan of Pakistan Tehreek-i-Insaf...

Published 01 Aug, 2021 04:46am

EU parliament members concerned over HR violations in IIOJK

LAHORE: Expressing concern over human rights situation in the Indian Illegally Occupied Jammu and Kashmir (IIOJK), ...

Published 01 Aug, 2021 04:46am

CS suspends 4 ACs for poor performance

LAHORE: The Chief Secretary Punjab on Saturday suspended four assistant commissioners and two secretaries of market...

Published 01 Aug, 2021 04:46am

AJK Legislative Assembly: Polling on 8 reserved seats tomorrow

MIRPUR: Elections to all eight reserved seats in Azad Jammu and Kashmir (AJK) Legislative Assembly (LA) will be held...

Published 01 Aug, 2021 04:46am

Moot demands tagging of 8pc of GDP for education

LAHORE: Members of civil society on Saturday demanded that federal and provincial governments should allocate 8...

Published 01 Aug, 2021 04:46am

Punjab reports 22 deaths, 728 new cases: Overall corona positivity rate surges to 3.92pc

LAHORE: Punjab has reported 728 new corona virus cases during the last 24 hours, the first time the province ...

Published 01 Aug, 2021 04:46am

Punjab witnesses significant decline in crime rate: Firdous

LAHORE: Special Assistant to Chief Minister on Information Dr Firdous Ashiq Awan has claimed that Punjab has...

Published 01 Aug, 2021 04:46am

BCCI again breached int’l norms, spirit of the gentleman’s game: PCB

LAHORE: Expressing displeasure over reports that the Board of Control for Cricket in India (BCCI) has called ...

Published 01 Aug, 2021 04:46am

Bilawal accuses PTI of ‘massively rigging’ AJK polls

ISLAMABAD: Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari, Saturday, chaired a party meeting of PPP...

Published 01 Aug, 2021 04:46am

Ocean Viking ship rescues 175 migrants off Libya

MARSEILLE: The Ocean Viking on Saturday rescued 175 migrants aboard several boats in distress in the Mediterranean...

Published 01 Aug, 2021 04:46am

US Senate works on the weekend on $1 trn infrastructure bill

WASHINGTON: The US Senate will continue work on Saturday on a bill that would spend $1 trillion on roads, rail lines...

Published 01 Aug, 2021 04:46am

Money & Banking

EU banks can weather ‘harsh’ crises but with big losses

PARIS: European banks can weather a severe economic crisis with a sharp drop in their financial reserves, according...

Published 01 Aug, 2021 04:46am

Countries need to be more ambitious in climate goals: UN

PARIS: Countries that have signed up to the Paris accord to tame climate change need to be more ambitious in their...

Published 01 Aug, 2021 04:46am

Walmart, Disney announce new Covid-19 steps amid Delta surge

NEW YORK: Walmart announced Friday it is again requiring some American employees to wear face masks, while Disney...

Published 01 Aug, 2021 04:46am

US seizes tanker used to deliver oil to N Korea

WASHINGTON: The United States on Friday seized a Singapore-owned oil tanker that was used to make illegal oil...

Published 01 Aug, 2021 04:46am

Turkey battles forest fires for fourth day

ANKARA: Fire crews tackled blazes for a fourth day as the number of people killed in forest fires sweeping through...

Published 01 Aug, 2021 04:46am

Rates

Automart: car prices in Karachi

KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (July 31,...

Published 01 Aug, 2021 04:46am

The Weather

KARACHI: The weather report on Saturday (July 31, 2021) and the forecast for Sunday (August 1, 2021)....

Published 01 Aug, 2021 04:46am

Taxes

SCCI chief hails FBR initiatives for ‘Ease of Doing Business’

PESHAWAR: President, Sarhad Chamber of Commerce and Industry, Sherbaz Bilour has appreciated the Federal Board of...

Published 01 Aug, 2021 04:46am

Commodities

Prices of most essential kitchen items witness upward trend

ISLAMABAD: The prices of most of the essential kitchen items have witnessed an upward trend during this week past as...

Published 01 Aug, 2021 04:46am

Industry

Immediate steps should be taken to normalize economic activities: KATI

KARACHI: President of Korangi Association of Trade and Industry (KATI), Saleem-uz-Zaman, has said that immediate...

Published 01 Aug, 2021 04:46am

Industry

‘Sugar industry facing destructive propaganda’

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

Published 01 Aug, 2021 04:46am

Record-shattering heatwaves

EDITORIAL: Last week, the plains of Punjab, Sindh and Balochistan were in the grip of a scorching heatwave, caused ...

Published 01 Aug, 2021 04:46am

‘Downgrade’ of locust project

EDITORIAL: The cabinet must take note of the World Bank’s decision to downgrade the $200 million locust control...

Published 01 Aug, 2021 04:46am

Commodities

Tokyo rubber at five-month high on demand hopes

SINGAPORE: Japanese rubber futures finished higher on Friday, recording their biggest weekly gain in more than five...

Published 01 Aug, 2021 04:46am

Commodities

Russia mulls pegging tax on mining firms

MOSCOW: Russia is considering pegging a mineral extraction tax (MET) levied on its metals producers to the global...

Published 01 Aug, 2021 04:46am

Commodities

China to encourage qualified coal mines

BEIJING: China will encourage qualified coal mines to expand production capacity, the country’s state planner said...

Published 01 Aug, 2021 04:46am

Commodities

Iron ore sags on gloomy China demand outlook

MANILA: Asia’s iron ore futures tumbled on Friday, collapsing under the weight of China’s resolve to reduce ...

Published 01 Aug, 2021 04:46am

Commodities

North Dakota spring wheat crop cut down

FARGO, (North Dakota): The average spring wheat yield in North Dakota, the top-producing state, was estimated at ...

Published 01 Aug, 2021 04:46am

Commodities

Frosts stain Brazil coffee belt

VARGINHA, (BRAZIL): Flying over the coffee region in the south of top Brazilian producer state Minas Gerais, it is...

Published 01 Aug, 2021 04:46am

Commodities

Top soy producer Brazil to boost plantings for 15th year

SAO PAULO: Buoyed by strong demand, Brazilian farmers are poised to expand their soybean area for the 15th...

Published 01 Aug, 2021 04:46am

Commodities

Wheat set for second monthly gain as drought cuts US yields

SINGAPORE: Chicago wheat futures on Friday were on track for a second monthly gain after a severe drought curbed...

Published 01 Aug, 2021 04:46am

Cotton & Textile

NY cotton futures drift lower

NEW YORK: ICE cotton futures are primed for their best month since April on stable global demand, despite being on...

Published 01 Aug, 2021 04:46am

Commodities

Aluminium streaks to three-year highs on Chinese power cuts

LONDON: Aluminium prices climbed to the highest in over three years on concern about reduced supplies in top ...

Published 01 Aug, 2021 04:46am

Energy

Egypt’s GASC says seeks vegoils in tender for Oct 1-20 arrival

CAIRO: Egypt’s state grains buyer, the General Authority for Supply Commodities (GASC) said on Friday it was...

Published 01 Aug, 2021 04:46am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Saturday (July 31, 2021)....

Published 01 Aug, 2021 04:46am

Cotton & Textile

Stable trend on cotton market

KARACHI: The local cotton market on Saturday remained stable and trading volume was satisfactory. Cotton Analyst...

Published 01 Aug, 2021 04:46am

Money & Banking

FPCCI panel opposes SBP’s keeping of monetary policy rate unchanged

LAHORE: Demanding competitive interest rate at neighboring countries’ level, the Federation of Pakistan Chambers ...

Published 01 Aug, 2021 04:46am

Commodities

Gold prices fall

KARACHI: Gold prices slid a bit on the local market on Saturday, traders said. Now, the precious metal was selling...

Published 01 Aug, 2021 04:46am

Industry

PIEDMC-managed industrial zones: Progress on development works reviewed

LAHORE: A meeting was held under the chair of Provincial Minister for Industry and Commerce Mian Aslam Iqbal at the...

Published 01 Aug, 2021 04:46am

Industry

APCPLA concerned over keeping interest rate at 7pc

FAISALABAD: Chair-man All Pakistan Cotton Power Looms Association (APCPLA) Rana Azhar Waqar expressed concern over...

Published 01 Aug, 2021 04:46am

Industry

‘Pakistan should raise revenue by increasing exports’

KARACHI: It is inevitable for Pakistan to raise revenue by growing the exports up to $80 billion, which is daunting...

Published 01 Aug, 2021 04:46am

Money & Banking

Peru’s currency plummets amid political uncertainty

LIMA: Peru’s currency fell to a record low against the US dollar on Friday as the Lima stock exchange dropped more...

Published 01 Aug, 2021 04:46am

Industry

China factory activity slows in July, hit by extreme weather

BEIJING: Chinese factory activity weakened in July to its lowest level since the start of the pandemic, data showed...

Published 01 Aug, 2021 04:46am

Energy

US oil giants to keep a lid on spending even as profits surge

NEW YORK: US oil giants ExxonMobil and Chevron reported strong profits Friday riding a wave of higher prices amid...

Published 01 Aug, 2021 04:46am

AAJ PROGRAM SCHEDULE

Sunday, August 01, 2021 TIMING PROGRAM TITLE 06:00 TARGET 06:25 HEADLINE NEWS 06:30 TARGET 06:55 HEADLINE NEWS...

Published 01 Aug, 2021 04:46am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Saturday (July 31, 2021)...

Published 01 Aug, 2021 04:46am

Paper

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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