News Archives for Print - 2021-08-15

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Print - 2021-08-15

14 priority sectors: PM apprised about pace of reforms

PM directs to expedite pace to attract investors and improve functioning of SOEs
Also wants extension of facilities under ease of doing business

Updated 15 Aug, 2021 10:29am

Lebanon bank chief vows no forex raid to fund fuel unless law changed

BEIRUT: Lebanon's central bank governor vowed Saturday not to reverse his decision to stop subsidising fuel imports,...

Published 15 Aug, 2021 05:26am

Power Division likely to decide future of Hubco next week

ISLAMABAD: The Power Division (PD) is likely to decide the future of 1200 MW Hub Power company (Hubco) next week as...

Updated 15 Aug, 2021 10:33am

US looking forward to strengthening ties with Pakistan: Blinken

WASHINGTON: United States Secretary of State Antony Blinken has said he looks forward to advancing shared ...

Updated 15 Aug, 2021 10:36am

Naya Pakistan shifts its focus from geopolitics to geoeconomics: PM

ISLAMABAD: Prime Minister Imran Khan Saturday said that Naya Pakistan has shifted its focus from geopolitics to...

Published 15 Aug, 2021 05:02am

US discusses urgent need for Tunisia prime minister-designate

WASHINGTON: The US deputy national security adviser met Tunisia's president on Friday and discussed the urgent need...

Published 15 Aug, 2021 04:47am

Canada to take in 20,000 Afghan refugees targeted by Taliban

OTTAWA: Canada said Friday it will take in up to 20,000 Afghan refugees, including women leaders, government workers...

Published 15 Aug, 2021 04:47am

Biden authorizes Haiti earthquake response, Samantha Power to coordinate

WASHINGTON: US President Joe Biden was briefed by advisors on the Haiti earthquake that has killed at least several...

Published 15 Aug, 2021 04:47am

Powerful Haiti quake kills at least 29

PORT-AU-PRINCE: A powerful 7.2-magnitude earthquake struck Haiti early Saturday, killing at least 29 people and...

Published 15 Aug, 2021 04:47am

Police raid Nicaragua paper

MANAGUA: Nicaraguan police on Friday raided the premises of independent newspaper La Prensa, which had branded the...

Published 15 Aug, 2021 04:47am

Asia

Malaysia's opposition, key ally reject PM's offer for bipartisan support

KUALA LUMPUR: Malaysia's opposition parties and a key ally have rejected a plea for support from embattled Prime...

Published 15 Aug, 2021 04:47am

More US soldiers arrive in Kabul to evacuate civilians

WASHINGTON: A new wave of US military personnel tasked with ensuring the safe evacuation of American embassy...

Published 15 Aug, 2021 04:47am

Venezuelan government and opposition talks open in Mexico City

MEXICO CITY: Representatives of the Venezuelan government and the opposition began a round of talks on Friday in...

Published 15 Aug, 2021 04:47am

No survivors of Turkey fire-fighting plane crash, as floods kill 44

ISTANBUL: Turkey battled disaster on two fronts Saturday with eight people dying in the crash a fire-fighting...

Published 15 Aug, 2021 04:47am

Europe

Polish president approves law to curb WWII-era claims

WARSAW: Poland's president on Saturday approved a law that will severely curb claims on properties seized after ...

Published 15 Aug, 2021 04:47am

France sees 5th weekend of protests against Macron Covid pass

PARIS: Protesters opposing a health pass championed by President Emmanuel Macron to defeat Covid-19 massed in ...

Published 15 Aug, 2021 04:47am

The Weather

KARACHI: The weather report on Saturday (August 14, 2021) and the forecast for Sunday (August 15, 2021)....

Published 15 Aug, 2021 04:47am

Taliban close in on Kabul as US ramps up Afghan evacuations

KABUL: The Afghan Taliban tightened their territorial stranglehold around Kabul on Saturday, as refugees from the...

Published 15 Aug, 2021 04:47am

Russia reports record virus deaths third day in a row

MOSCOW: Russia on Saturday recorded its highest daily coronavirus death toll for a third day running, as the country...

Published 15 Aug, 2021 04:47am

Twitter reinstates accounts of Rahul Gandhi, other opposition leaders

MUMBAI: Twitter unblocked the accounts of India's main opposition party Congress, its leader Rahul Gandhi and other...

Published 15 Aug, 2021 04:47am

WAPDA, NTDC & LESCO mark Independence Day celebrations

LAHORE: Chairman WAPDA, Managing Director NTDC, and Chief Executive Officer LESCO organized flag hoisting ceremonies...

Published 15 Aug, 2021 04:47am

Six killed, 8 injured as speeding van turns turtle

ATTOCK: At least six passengers were killed and eight others sustained injuries in a road accident in Attock on...

Published 15 Aug, 2021 04:47am

PPP believes in industrialization: Saeed Ghani

KARACHI: Sindh Information, Labor and Manpower Minister Saeed Ghani has said that Pakistan is one of the few lucky...

Published 15 Aug, 2021 04:47am

75th Independence Day celebrated with traditional fervour across KP

PESHAWAR, Likewise other parts of the country, the 75th Independence Day was celebrated on Saturday with traditional...

Published 15 Aug, 2021 04:47am

Moscow denies BBC reporter's expulsion is media crackdown

MOSCOW: Russia on Saturday said the expulsion of BBC reporter Sarah Rainsford was "retaliation" for London denying...

Published 15 Aug, 2021 04:47am

President confers Military Awards

RAWALPINDI: President Dr Arif Alvi, on the occasion of nation's 75th Independence Day celebrations, has conferred...

Published 15 Aug, 2021 04:47am

South Asia

Iran tightens Covid curbs as cases, deaths surge

TEHRAN: Iran on Saturday announced new curbs to combat the spread of Covid-19 as deaths and infections surge and as...

Published 15 Aug, 2021 04:47am

Chinese imports: German chancellor candidate urges higher tariffs

FRANKFURT: Germany's Green Party's chancellor candidate said the European Union should impose tougher barriers for...

Published 15 Aug, 2021 04:47am

China

China tightens scrutiny over IPO price-setting

SHANGHAI: China's securities regulators punished 19 institutional investors as authorities tighten scrutiny over...

Published 15 Aug, 2021 04:47am

MAP elects new executive committee members & office-bearers

KARACHI: Management Association of Pakistan (MAP) elected new Office Bearers in its 576lh Executive Committee ...

Updated 15 Aug, 2021 08:03pm

Keenjhar Lake: STDC, others ordered to ensure strict compliance with safety measures

KARACHI: The Sindh High Court (SHC) has ordered the Sindh Tourism Development Corporation (STDC) and Deputy...

Published 15 Aug, 2021 04:47am

Letters

The Afghan cauldron

There's no denying the fact that both the US and its new ally in the region are overtly supporting the Afghan...

Published 15 Aug, 2021 04:47am

Tokyo Olympics

EDITORIAL: The 68,000-seat Olympic Stadium was largely empty. Outside this stadium were the Covid-alarmed ...

Published 15 Aug, 2021 04:47am

Weapon seizures 'massive boon' for Taliban as cities fall

The United States spent billions supplying the Afghan military with the tools to defeat the Taliban, but the rapid...

Published 15 Aug, 2021 04:47am

LNG sector in Pakistan - VII

5) A consistent policy on the treatment of UFG losses borne by the Sui companies According to the Ministry of ...

Published 15 Aug, 2021 04:47am

Hard choices

President Biden inherited a bad deal which diminished his bargaining power over Afghanistan pullout. And now...

Published 15 Aug, 2021 04:47am

Engro renovates PIDC bridge

KARACHI: Engro, widely regarded as one of the largest conglomerates of Pakistan, renovated the iconic PIDC Bridge in...

Published 15 Aug, 2021 04:47am

Karachiites celebrate Independence Day with patriotic zeal, fervour

KARACHI: Karachiites on Saturday celebrated 75th Independence Day with patriotic zeal and fervour. Flag hoisting and...

Published 15 Aug, 2021 04:47am

Pakistan Navy celebrates Independence Day with traditional fervour

KARACHI: An inspiring Change of Guard ceremony was held at mausoleum of Quaid-e-Azam Muhammad Ali Jinnah celebrating...

Published 15 Aug, 2021 04:47am

PPP working to make Pakistan a democratic state: Bilawal

KARACHI: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari has congratulated the nation on Independence...

Published 15 Aug, 2021 04:47am

PNSC marks Independence Day

KARACHI: Like every year, Pakistan National Shipping Corporation (PNSC) has celebrated Independence Day of Pakistan....

Published 15 Aug, 2021 04:47am

Govt joins hands with FAO to manage desert locust emergency

KARACHI: To manage desert locust emergency, the Food and Agriculture Organization (FAO) of the United Nations, under...

Published 15 Aug, 2021 04:47am

FM's Honour List: 25 overseas Pakistanis honoured

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi on Saturday honoured 25 overseas Pakistanis under the 2nd edition ...

Published 15 Aug, 2021 04:47am

Pakistan offers condolences over loss of lives in Turkey floods

ISLAMABAD: Pakistan on Saturday expressed its condolences over loss of lives from floods in Turkey. In a statement...

Published 15 Aug, 2021 04:47am

Coronavirus situation in Punjab: No let-up in spread as overall positivity rate reaches 6.15pc

LAHORE: While there is no let up in the spread of coronavirus, the overall positivity rate of virus in the province...

Published 15 Aug, 2021 04:47am

Flag-hoisting ceremony held in PHP Faisalabad

FAISALABAD: In compliance of directions of Addl IG Punjab Highway Patrol Akram Naeem Bharoka, flag hoisting ceremony...

Published 15 Aug, 2021 04:47am

KE celebrates Independence Day with Lyari residents

KARACHI: Commemorating Pakistan's 74th year of Independence, K-Electric's senior management visited the Coach Emad...

Published 15 Aug, 2021 04:47am

Turkey visit: Alvi to attend launch of MILGEM corvettes for Navy

ISLAMABAD: President Arif Alvi left for Turkey on a two-day official visit Saturday on the invitation of his Turkish...

Published 15 Aug, 2021 04:47am

Rates

Automart: car prices in Karachi

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

Published 15 Aug, 2021 04:47am

Arts

AAJ PROGRAM SCHEDULE

Sunday, August 15, 2021 TIMING PROGRAM TITLE

Published 15 Aug, 2021 04:47am

Cotton & Textile

Cotton forges ahead, set for best week in over 2 months on WASDE boost

NEW YORK: ICE cotton futures on Friday moved to a contract high on momentum from the US Department of Agriculture...

Published 15 Aug, 2021 04:47am

Commodities

ICE canola futures climb with oilseed rivals, helped by crop woes

WINNIPEG (Manitoba): ICE canola futures climbed on Friday with rival oilseeds and vegetable oils, and as Canadian...

Published 15 Aug, 2021 04:47am

Grains

US wheat rises to 8-1/2-year highs on world supply worries

CHICAGO: US wheat futures climbed to 8-1/2-year highs on Friday and European wheat futures extended gains, led by...

Published 15 Aug, 2021 04:47am

Grains

CBOT soyabeans close higher on export demand, strong vegoils

CHICAGO: Chicago Board of Trade soyabean futures closed higher on Friday on renewed export demand for US supplies ...

Published 15 Aug, 2021 04:47am

Energy

US natgas futures slide to 3-week low on forecasts for less hot weather

NEW YORK: US natural gas futures fell to a three-week low on Friday on forecasts for less hot weather and lower...

Published 15 Aug, 2021 04:47am

Grains

CBOT corn ends mostly lower

CHICAGO: Chicago Board of Trade corn futures ended mostly lower on Friday, retreating from early advances on...

Published 15 Aug, 2021 04:47am

Commodities

Brazil's coffee exporters launch contract tracking system

SAO PAULO: Brazil's main coffee exporter association Cecafe and a subsidiary of information management firm Experian...

Published 15 Aug, 2021 04:47am

KP CM hoists national flag to celebrate Independence Day

PESHAWAR: An event in connection with the 75th Independence Day celebrations was organized here at Chief Minister's...

Published 15 Aug, 2021 04:47am

Independence Day celebrated in Hyderabad with zeal

HYDERABAD: Like other parts of the country the 75th Independence Day was celebrated in Hyderabad with zeal,...

Published 15 Aug, 2021 04:47am

Grains

First tranche: Ship carrying 57,000 metric tons of wheat arrives

LAHORE: A ship carrying 57,000 metric tons of wheat, first tranche of the 300,000 metric tons for the Pakistan...

Published 15 Aug, 2021 04:47am

Alvi highlights importance of Independence

ISLAMABAD: President Arif Alvi Saturday said Pakistan once again challenged India on establishing peace in the...

Published 15 Aug, 2021 04:47am

SSUET celebrates Independence Day with zeal

KARACHI: Sir Syed University of Engineering & Technology (SSUET) celebrated Pakistan Independence Day with...

Published 15 Aug, 2021 04:47am

Meezan Bank launches Covid-19 drive-through vaccination centre

KARACHI: Meezan Bank in collaboration with the Government of Sindh and DHA Karachi has launched Covid-19...

Published 15 Aug, 2021 04:47am

Punjab to spend Rs58m on 'Boilers Inspection' upgradation

LAHORE: In order to minimize chances of boiler explosion in various kinds of industries across the province, the...

Published 15 Aug, 2021 04:47am

Country's defence in strong hands, enemy designs will be thwarted: governor

LAHORE: Emphasising the need for forging unity, Punjab Governor Chaudhry Mohammad Sarwar has made an appeal to...

Published 15 Aug, 2021 04:47am

UNDP rep highlights findings of NHDR 2020

ISLAMABAD: The United Nations Development Programme (UNDP) Pakistan Resident Representative Knut Ostby on Friday...

Published 15 Aug, 2021 04:47am

HBL, govt of Sindh launch Covid-19 drive-through vaccination facility

KARACHI: HBL in collaboration with the Government of Sindh inaugurated a Covid-19 drive-through vaccination facility...

Published 15 Aug, 2021 04:47am

Industry

FDI far from encouraging despite best policies: PBIF chief

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

Published 15 Aug, 2021 04:47am

Industry

China fund association urges better management of reputational risk

SHANGHAI: China's fund industry association urged fund managers to better manage their reputational risk, state ...

Published 15 Aug, 2021 04:47am

Industry

Peru restores spending, debt ceilings

LIMA: Peru has once again put in place ceilings on public spending and debt after lifting them during the pandemic,...

Published 15 Aug, 2021 04:47am

Companies

Embraer returns to profit in Q2

SAO PAULO: Brazilian plane maker Embraer said Friday it returned to being in the black in the second quarter, as...

Published 15 Aug, 2021 04:47am

Industry

FPCCI office-bearers: Business community opposes enhancement of term

ISLAMABAD: The country's business community has opposed the enhancement of term of office-bearers of the Federation...

Published 15 Aug, 2021 04:47am

Industry

FPCCI urges govt to control instability of rupee against dollar

LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Businessmen Panel has urged the government...

Published 15 Aug, 2021 04:47am

Money & Banking

Bank Alfalah introduces QR payments for WASA customers in Lahore

LAHORE: Bank Alfalah has taken a first of its kind initiative in the payment solutions sphere by introducing QR...

Published 15 Aug, 2021 04:47am

Industry

Prices of kitchen items witness mixed trend

ISLAMABAD: The prices of the essential kitchen items witnessed a mixed trend during this week past as compared with...

Published 15 Aug, 2021 04:47am

Industry

Manufactured in Pakistan: Inovi Telecom starts exporting smartphones

ISLAMABAD: Pakistan Telecom Authority (PTA) Authorization holder Inovi Telecom has started exporting smartphones to...

Published 15 Aug, 2021 04:47am

Moving forward by helping farmers

EDITORIAL: Prime Minister Imran Khan is right that if incomes of famers are doubled, and they invest the additional...

Published 15 Aug, 2021 04:47am

Taxes

FBR clarifies service optimization of data center

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a clarification regarding in-progress service optimization...

Updated 15 Aug, 2021 05:12pm

Industry

Governor attends flag-hoisting ceremony at FPCCI office

LAHORE: A national flag hoisting ceremony was held here at the Federation of Pakistan Chambers of Commerce and...

Published 15 Aug, 2021 04:47am

Money & Banking

Khusro seeks private sector's representation in FBR, SBP

ISLAMABAD: Federal Minister for Industries and Production Khusro Bakhtiar has said the government wants that private...

Published 15 Aug, 2021 04:47am

Ogra recommends hike in POL products' prices

The regulator has recommended a Rs2.50 per liter increase in price of High-Speed Diesel (HSD), Rs0.50 per liter increase in the price of petrol, and Rs1 per litre in the prices of Light Diesel Oil and Kerosene Oil

Updated 15 Aug, 2021 10:51am

11 killed in grenade attack on truck in Karachi

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 2	281.13
USD PKR Interbank Buying / May 2	280.93
USD to Japanese Yen / May 2	144.96
USD to Swiss Franc / May 2	0.83
Pound Sterling to USD / May 2	1.33
Euro to USD / May 2	1.13
UK LIBOR % / May 2	4.96

Stock	Volume
S&P 500 / May 2	5,686.67
India Sensex / May 2	80,501.99
Tokyo Nikkei / May 2	36,830.69
Nasdaq / May 2	17,977.73
Hang Seng / May 2	22,504.68
FTSE 100 / May 2	8,596.35
Dow Jones / May 2	41,317.43
Germany DAX 30 / May 2	22,086.65
France CAC40 / May 2	7,770.48

Item	Value
Crude Oil USD/Barrel / May 2	58.29
Karachi Cotton PKR/37.32 KG / May 2	16,985
Gold 10 Grams PKR / May 2	295,353
Gold Spot USD/Ounce / May 2	3,240.49
Cotton US¢/pound / May 2	68.41
Petrol/Litre / May 4	252.63
Diesel/Litre / May 4	256.64

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / May 2 Kohinoor Power Company Limited(KOHP)	6.50 ▲ 0.9 (16.07%)
Dewan Mushtaq / May 2 Dewan Mushtaq Textile Mills Limited(DMTM)	7.96 ▲ 1 (14.37%)
Amtex Ltd / May 2 Amtex Limited(AMTEX)	2.63 ▲ 0.33 (14.35%)
Sally Textile / May 2 Sally Textile Mills Limited(SLYT)	9.14 ▲ 0.99 (12.15%)
First IBL Mod. / May 2 First IBL Modaraba(FIBLM)	3.13 ▲ 0.33 (11.79%)
Gulshan Sp. / May 2 Gulshan Spinning Mills Limited(GSPM)	3.34 ▲ 0.34 (11.33%)
Parmount Sp. / May 2 Paramount Spinning Mills Limited(PASM)	3.39 ▲ 0.34 (11.15%)
Hascol Petrol / May 2 Hascol Petroleum Limited(HASCOL)	9.98 ▲ 1 (11.14%)
First Elite Cap.Mod / May 2 First Elite Capital Modaraba(FECM)	13.95 ▲ 1.27 (10.02%)
Lalpir Power / May 2 Lalpir Power Limited(LPL)	23.51 ▲ 2.14 (10.01%)

Stock	Price
Pak Gen.Ins. / May 2 The Pakistan General Insurance Co. Ltd.(PKGI)	7.86 ▼ -0.88 (-10.07%)
Jubilee Spinning / May 2 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	11.43 ▼ -1.27 (-10%)
Zephyr Textile / May 2 Zephyr Textiles Limited(ZTL)	11.37 ▼ -1.12 (-8.97%)
Popular Islamic / May 2 Popular Islamic Modaraba(PIM)	13.02 ▼ -1.16 (-8.18%)
Calcorp Ltd / May 2 Calcorp Limited(CASH)	38.41 ▼ -3.08 (-7.42%)
D.S. Ind. Ltd. / May 2 D.S. Industries Limited(DSIL)	5.02 ▼ -0.34 (-6.34%)
Dewan Textile / May 2 Dewan Textile Mills Limited(DWTM)	5 ▼ -0.3 (-5.66%)
Imperial Limited / May 2 Imperial Limited(IML)	15 ▼ -0.87 (-5.48%)
Shahmurad Sugar / May 2 Shahmurad Sugar Mills Limited(SHSML)	360.51 ▼ -20.54 (-5.39%)
Habib Rice Products / May 2 Habib Rice Product Limited(HRPL)	30.23 ▼ -1.57 (-4.94%)

Stock	Volume
Sui South Gas / May 2 Sui Southern Gas Company Limited(SSGC)	29,319,891 ▲ 2.98
Cnergyico PK / May 2 Cnergyico PK Limited(CNERGY)	27,367,683 ▲ 0.02
B.O.Punjab / May 2 The Bank of Punjab(BOP)	20,836,529 ▲ 0.57
K-Electric Ltd. / May 2 K-Electric Limited(KEL)	14,766,764 ▲ 0.02
Maple Leaf Cement / May 2 Maple Leaf Cement Factory Limited(MLCF)	13,169,594 ▲ 2.39
WorldCall Telecom / May 2 Worldcall Telecom Limited(WTL)	11,631,669 ▲ 0.02
Fauji Cement / May 2 Fauji Cement Company Limited(FCCL)	11,208,268 ▲ 0.63
Sui North Gas / May 2 Sui Northern Gas Pipelines Limited(SNGP)	10,934,032 ▼ -0.95
At-Tahur Ltd. / May 2 At-Tahur Limited(PREMA)	10,647,030 ▲ 1.92
D.G.K.Cement / May 2 D.G. Khan Cement Company Limited(DGKC)	9,605,968 ▲ 8.33

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