News Archives for Print - 2021-09-13

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Print - 2021-09-13

Power generation: Increase in costs leaves consumers high and dry

The incumbent government has increased electricity tariff by over 30 per cent in its three year tenure

Updated 13 Sep, 2021 09:18am

Winter months: All set for incremental consumption power tariff

ISLAMABAD: The Federal Government is all set to introduce electricity tariff of Rs12.66/kWh country-wide on...

Updated 13 Sep, 2021 10:07am

Koulibaly sinks struggling Juve to put Napoli top

NAPLES: Kalidou Koulibaly made sure that Juventus' miserable start to the season continued on Saturday with the late...

Published 13 Sep, 2021 05:46am

Lemar hits dramatic 99th minute winner for Atletico

BARCELONA: Thomas Lemar scored in the ninth minute of added time to give Atletico Madrid a last-gasp 2-1 victory at...

Published 13 Sep, 2021 05:46am

Ramiz Raja set to become new PCB Chairman today

LAHORE: Cricket veteran and former skipper Ramiz Raja is set to be elected as new chairman of the Pakistan Cricket...

Updated 13 Sep, 2021 10:28am

Shamsi, Markram help South Africa dismiss Sri Lanka for 103

COLOMBO: Spinners Tabraiz Shamsi and Aiden Markram took three wickets each as South Africa bowled out Sri Lanka for...

Published 13 Sep, 2021 05:46am

Teen US Open champ Raducanu gets epic first qualifier Slam win

NEW YORK: British teenager Emma Raducanu completed the greatest underdog title run in tennis history on Saturday,...

Published 13 Sep, 2021 05:46am

Djokovic aims for first calendar Slam for 52 years in US Open final

NEW YORK: Novak Djokovic will attempt to win the first calendar-year men's singles Grand Slam since 1969 in Sunday's...

Published 13 Sep, 2021 05:46am

Queen leads explosion of British joy at Raducanu's stunning Slam win

LONDON: Emma Raducanu's extraordinary US Open triumph on Saturday led to an explosion of joy in Britain, with Queen...

Updated 13 Sep, 2021 09:51am

PCB launches 'Online Merchandise Programme'

LAHORE: To celebrate Pakistan's rich cricket history and culture, the Pakistan Cricket Board (PCB) Sunday announced...

Published 13 Sep, 2021 05:46am

Sri Lanka name squad for cricket's T20 World Cup

COLOMBO: Sri Lanka named a 15-player squad for next month's Twenty20 World Cup, but said they were undecided on...

Updated 13 Sep, 2021 09:49am

Europe

Uber ordered to pay taxi drivers damages in France

PARIS: A French court on Friday ordered ride-hailing service Uber to pay damages to taxi drivers whose business...

Published 13 Sep, 2021 05:46am

Faded internet pioneer Yahoo gets new boss

NEW YORK: One-time internet giant Yahoo, which has undergone recent ownership changes and strategic pivots, ...

Published 13 Sep, 2021 05:46am

Qatar for involving all Afghan parties in reconciliation

CAIRO: Qatar's foreign minister held talks with the prime minister of Taliban-ruled Afghanistan on Sunday, in the...

Published 13 Sep, 2021 05:46am

Impact of Apple app store court ruling

SAN FRANCISCO: Apple was forced to loosen the grip it holds on its App Store payment system, after US judge ruled...

Published 13 Sep, 2021 05:46am

Taliban say will allow women at universities

KABUL: Afghan women will be allowed to attend university as long as they study separately from men, the Taliban's ...

Published 13 Sep, 2021 05:46am

Recruitment of nurses in KP: body to probe process

PESHAWAR: KP Chief Minister Mahmood Khan has taken notice of the public complaints in the hiring of nurses for the...

Published 13 Sep, 2021 05:46am

Middle East

Israel strikes Gaza in 'retaliation' for rocket fire

OCCUPIED JERUSALEM: Israel carried out air strikes in the Gaza Strip on Sunday in response to Palestinian rocket...

Published 13 Sep, 2021 05:46am

No vaccine passports: UK PM to set out winter Covid-19 plan

LONDON: British Prime Minister Boris Johnson will set out on Tuesday his plans to manage the COVID-19 pandemic in...

Published 13 Sep, 2021 05:46am

The Taliban are lying, says France's FM

PARIS: The Taliban are lying and France will not have any relationship with its newly-formed government, Foreign...

Published 13 Sep, 2021 05:46am

Middle East

Israeli minister says Iran giving militias drone training near Isfahan

HERZLIYA, (Israel): Israel's defence minister accused Iran on Sunday of providing foreign militias with drone...

Published 13 Sep, 2021 05:46am

Europe

German SPD extends lead over Merkel's conservatives before TV election debate

BERLIN: Germany's Social Democrats (SPD) have opened up a bigger lead over Armin Laschet's conservative bloc, a poll...

Published 13 Sep, 2021 05:46am

Iraqi PM holds economic links on Iran visit

TEHRAN: Iraq's Prime Minister Mustafa al-Kadhemi met Iran's recently-elected President Ebrahim Raisi on Sunday to...

Published 13 Sep, 2021 05:46am

Iran to allow IAEA to service nuclear monitoring cameras after talks

DUBAI: Iran is to allow the UN nuclear watchdog to service monitoring cameras at Iranian nuclear sites after talks ...

Published 13 Sep, 2021 05:46am

'Kamyab Jawan' becomes largest employment generation scheme: SAPM

ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Youth Affairs Muhammad Usman Dar on Sunday said there...

Published 13 Sep, 2021 05:46am

CM sends bouquet to Umar Sharif

LAHORE: Punjab Chief Minister Sardar Usman Buzdar has sent a bouquet to famous comedian and actor Umar Sharif who is...

Published 13 Sep, 2021 05:46am

Commissioner says steps afoot to protect agri land from conversion

RAWALPINDI: Commissioner Rawalpindi Gulzar Hussain Shah has said that in accordance with the vision of Prime ...

Published 13 Sep, 2021 05:46am

PTEA elects office-bearers unopposed

FAISALABAD: Pakistan Textile Exporters Association (PTEA) has elected unopposed Sohail Pasha as the chairman for the...

Published 13 Sep, 2021 05:46am

AVLC arrests five suspected car-lifters; 12 vehicles seized

ISLAMABAD: The Anti-Vehicle Lifting Cell (AVLC) of Islamabad Police has arrested five accused of two ...

Published 13 Sep, 2021 05:46am

Businessmen meet Chief Collector Customs Peshawar

PESHAWAR: A four-member delegation of Customs Agents Association led by Zia-ul-Haq Sarhadi, President Frontier ...

Published 13 Sep, 2021 05:46am

Rs535bn recovered from 'corrupt elements' in 3 years by NAB

ISLAMABAD: Corruption breeds injustice, poverty, undermines social, economic development of societies and affects ...

Published 13 Sep, 2021 05:46am

Automobile sector: German investors urged to cash in on opportunities

KARACHI: Leader of the Opposition in Sindh Assembly Haleem Adil Sheikh on Sunday said Pakistan offered lucrative...

Published 13 Sep, 2021 05:46am

Fawad visits PTV Karachi centre

KARACHI: Federal Minister for Information and Broadcasting, Chaudhry Fawad Hussain on Sunday visited Pakistan...

Published 13 Sep, 2021 05:46am

Covid-19 claims 26 more lives in Sindh

KARACHI: As many as 26 more patients of coronavirus died overnight lifting the death toll to 7,159 and 891 new cases...

Published 13 Sep, 2021 05:46am

Punjab, Sindh governors discuss Karachi's development projects

KARACHI: Punjab Governor Chaudhry Muhammad Sarwar called on his Sindh counterpart Imran Ismail at Governor House in...

Published 13 Sep, 2021 05:46am

Sindh Governor lauds JS Global

KARACHI: Capital markets fraternity welcomed Air Link Communication Limited's CEO, Muzzaffar H. Piracha, at a...

Published 13 Sep, 2021 05:46am

Fawad condoles death

ISLAMABAD: Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain on Sunday expressed grief and...

Published 13 Sep, 2021 05:46am

FPCCI affairs: BMP levels allegations against rival UBG

ISLAMABAD: The Businessmen Panel (BMP), ruling group at the Federation of Pakistan Chambers of Commerce &...

Published 13 Sep, 2021 05:46am

CB polls: PTI takes leading position, JI fares well

Karachi: Jamaat Islami (JI) Karachi on Sunday managed to regain its lost trust of voters as according to unconfirmed...

Published 13 Sep, 2021 05:46am

Outside Parliament House: Journalists begin sit-in against proposed PMDA

ISLAMABAD: Breaking all the security barricades, a large number of journalists Sunday reached in front of the...

Published 13 Sep, 2021 05:46am

Cantonment board polls: ECP praises voters, others

ISLAMABAD: The Election Commission of Pakistan (ECP) has expressed its confidence over holding the countrywide local...

Published 13 Sep, 2021 05:46am

Covid-19: country reports 58 more deaths

ISLAMABAD: Pakistan on Sunday reported 58 coronavirus related deaths and 3,153 new positive cases of Covid-19 during...

Published 13 Sep, 2021 05:46am

Suspicious transactions: Zardari to be indicted on 29th

ISLAMABAD: An accountability court has set a date for indictment of former president and PPP co-chairman Asif Ali...

Published 13 Sep, 2021 05:46am

New Afghan govt: Minister urges world to unfreeze bank accounts

KARACHI: Interior Minister Sheikh Rashid Ahmed on Sunday said that the world desired Afghanistan to become...

Published 13 Sep, 2021 05:46am

Monis meets Bilawal

ISLAMABAD: Federal Minister for Water Resources Monis Elahi Sunday held a meeting with Pakistan Peoples Party (PPP)...

Published 13 Sep, 2021 05:46am

Lightning strike kills 14 in KP

PESHAWAR: At least 14 people, including eight women and children were killed on Sunday morning in Torghar district ...

Published 13 Sep, 2021 05:46am

Afghan police return to work at airport

KABUL: Afghan police at Kabul airport have returned to work manning checkpoints alongside Taliban security for the...

Published 13 Sep, 2021 05:46am

Faculty Industry Placement Program: Haleeb Foods, UCP join hands

KARACHI: Haleeb Foods Limited has recently joined hands with University of Central Punjab (UCP) for their 'Faculty...

Published 13 Sep, 2021 05:46am

A recalcitrant rupee: Deliberate policy or otherwise?

The rupee-dollar interbank parity is close to the historical high of 168.8 (15 August 2020) this week past with a...

Updated 13 Sep, 2021 09:30am

The Weather

KARACHI: The weather report on Sunday (September 12, 2021) and the forecast for Monday (September 13, 2021)....

Published 13 Sep, 2021 05:46am

Peace process in Afghanistan: Punjab governor makes fervent appeal

LAHORE: Punjab Governor Chaudhry Mohammad Sarwar has urged the international community to cooperate with the Afghan...

Published 13 Sep, 2021 05:46am

PTI leading in 42 Cantonment Boards elections

ISLAMABAD: The unofficial results show the ruling Pakistan Tehreek-e-Insaf (PTI) is ahead with razor-thin lead in 42...

Published 13 Sep, 2021 05:46am

Stocks

Icade Sante takes first listing step ahead of European expansion

PARIS: Icade Sante, the healthcare property business of French real estate firm Icade, said on Friday it plans to...

Published 13 Sep, 2021 05:46am

Stocks

Stocks stumble on inflation, growth worries

NEW YORK: US stocks dropped for the fourth straight day on Friday and European stocks mostly fell amid renewed fears...

Published 13 Sep, 2021 05:46am

Stocks

US yields higher after inflation data

NEW YORK: The benchmark US 10-year Treasury yield rose on Friday following its biggest two day drop in about three...

Published 13 Sep, 2021 05:46am

Stocks

Middle Eastern stock markets in the red after Wall Street fall

DUBAI: Middle Eastern stock markets ended lower on Sunday in response to Friday's decline on Wall street, with the...

Published 13 Sep, 2021 05:46am

Stocks

Wall Street Week Ahead: Investors eye wobbling energy sector as gauge for Delta fears

NEW YORK: Energy stocks are becoming a popular bellwether for concerns over how deeply the Delta variant of the...

Published 13 Sep, 2021 05:46am

FBI memo tries to hint at purported Saudi involvement with 9/11 hijackers

WASHINGTON: The Biden administration declassified an FBI memo Saturday that fortified suspicions of official Saudi...

Published 13 Sep, 2021 05:46am

'EBM is nurturing youth by supporting SoL's Young Leaders Conference'

KARACHI: English Biscuit Manufacturer (EBM), Pakistan's leading producer of biscuits, consolidated its partnership...

Published 13 Sep, 2021 05:46am

Negative politics has no value: CM

LAHORE: Punjab Chief Minister Sardar Usman Buzdar has said that negative politics is worthless in front of public...

Published 13 Sep, 2021 05:46am

Expert underscores need for transforming country into a 'tech-savvy' state

KARACHI: A Pakistan expert on artificial intelligence engineering, Dr Masood Mehmood Khan, has said that it is...

Published 13 Sep, 2021 05:46am

CM congratulates Inam Butt

LAHORE :Punjab Chief Minister Sardar Usman Buzdar congratulates Pakistani wrestler Inam Butt on winning gold medal...

Published 13 Sep, 2021 05:46am

Letters

Afghanistan is a reality...

This is apropos a Business Recorder op-ed "Afghanistan under the global spotlight" carried by the newspaper on...

Published 13 Sep, 2021 05:46am

The foreign legion of YouTubers responding to allegations against China

With YouTube videos "debunking" allegations of human rights abuses and diatribes on Western "conspiracies" against...

Published 13 Sep, 2021 05:46am

The real weapons of mass destruction

Sorry, wrong number. That is exactly what Tony Blair said when confronted with the Chilcot report on going into a ...

Published 13 Sep, 2021 05:46am

Commission to be set up to promote agri research, education: Fakhar

FAISALABAD: Federal Minister for National Food Security and Research Syed Fakhar Imam has said the National...

Published 13 Sep, 2021 05:46am

Money & Banking

Greek bonds buck sell-off after PEPP boost

LONDON: Greek government bond yields fell for a second session in a row on Friday, avoiding a sell-off that struck...

Published 13 Sep, 2021 05:46am

Money & Banking

El Salvador's bitcoin digital wallet beset by technical glitches

SAN SALVADOR: For a fourth day in a row technical glitches have beset the Salvadoran government's bitcoin digital...

Published 13 Sep, 2021 05:46am

Money & Banking

JGBs little changed

TOKYO: Most Japanese government bond prices were little changed on Friday but the European Central Bank's dovish...

Published 13 Sep, 2021 05:46am

Companies

Facebook and Ray-Ban debut 'smart' shades

SAN FRANCISCO: Facebook and iconic eyewear brand Ray-Ban on Thursday launched their new smart glasses, the latest...

Published 13 Sep, 2021 05:46am

Companies

Britain's M&S reviewing future of French stores

LONDON: British retailer Marks & Spencer said on Sunday it was reviewing the future of its French business, with...

Published 13 Sep, 2021 05:46am

Companies

Wells Fargo gets $250m fine for failing to pay back hurt customers

WASHINGTON: US bank Wells Fargo on Thursday was hit with a new fine - $250 million for failing to meet requirements...

Published 13 Sep, 2021 05:46am

Companies

US airlines warn of drag from latest Covid-19 wave

NEW YORK: Several leading US airlines on Thursday cut their forecasts for the third quarter, citing lower bookings...

Published 13 Sep, 2021 05:46am

Companies

Dubai's Emaar hires Emirates NBD for sale of e-commerce business Namshi

DUBAI: Dubai's Emaar has picked Emirates NBD to advise it on the sale of fashion e-commerce business Namshi, sources...

Published 13 Sep, 2021 05:46am

Companies

Gambling firm 888 buys part of rival William Hill

LONDON: Gambling group 888 on Thursday said it had agreed to buy the non-US operations of rival William Hill in a...

Published 13 Sep, 2021 05:46am

Taxes

Tax Amnesty Scheme: FBR praised for allowing taxpayers to file declarations

ISLAMABAD: In response to the judgment given by the Federal Tax Ombudsman (FTO), the Federal Board of Revenue (FBR)...

Published 13 Sep, 2021 05:46am

AAJ PROGRAM SCHEDULE

Monday, September 13, 2021 TIMING PROGRAM TITLE 06:00 GOL GAPPAIN 06:25 HEADLINE NEWS 06:30 GOL GAPPAIN 06:55...

Published 13 Sep, 2021 05:46am

Rates

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (September 6 to...

Published 13 Sep, 2021 05:46am

Industry

Small traders: Five-member body to settle tax-related issues

LAHORE: The Punjab government has constituted a five-member committee that will deliberate upon in detail regarding...

Published 13 Sep, 2021 05:46am

Money & Banking

US Treasury, financial industry discuss cryptocurrency 'stablecoins'

WASHINGTON: The US Treasury Department met with a number of industry participants this week to quiz them about the...

Published 13 Sep, 2021 05:46am

Industry

UAE wants Emiratis in 10pc of private sector jobs by 2026

DUBAI: Private sector companies in the UAE will have to fill 10% of their positions with Emirati nationals within...

Updated 13 Sep, 2021 10:10am

Taxes

Greek PM offers tax cuts, improved growth in rebound bid

THESSALONIKI, (Greece): Greek Prime Minister Kyriakos Mitsotakis on Saturday promised tax cuts and better economic...

Published 13 Sep, 2021 05:46am

Money & Banking

Government collections in Balochistan BOP signs agency agreement with SBP

KARACHII: A signing ceremony was held at the State Bank of Pakistan head office to appoint the Bank of Punjab (BOP)...

Published 13 Sep, 2021 05:46am

Money & Banking

Maximum protection of card data: NBP acquires PCI DSS consultancy services

KARACHI: The National Bank of Pakistan has recently acquired the consultancy services for PCI DSS (Payment Card...

Published 13 Sep, 2021 05:46am

Electoral reform controversy

EDITORIAL: Political polarisation continues to consume electoral reform effort by the government. The ruling PTI has...

Published 13 Sep, 2021 05:46am

Governance in the energy sector

EDITORIAL: Finance Minister Shaukat Tarin has asked the Ministry of Energy to adopt "forward planning" while dealing...

Published 13 Sep, 2021 05:46am

Cotton & Textile

Weekly Cotton Review: Bearish trend pushes cotton prices downwards

KARACHI: Significant decline of Rs1000 to Rs1200 per maund in the rate of cotton. The Spot Rate decreased by Rs800...

Published 13 Sep, 2021 05:46am

Industry

18th China-ASEAN Expo: Our goods have strong competitive force, says Pakistan envoy to China

NANNING: Pakistan Ambassador to China, Moin-ul-Haque said on Sunday that Pakistani goods have a strong competitive...

Published 13 Sep, 2021 05:46am

Rates

PKR fails to halt weekly slide

KARACHI: PKR failed to halt its weekly slide against major currencies in Pakistani markets. In five days of ...

Published 13 Sep, 2021 05:46am

Rates

Futures spread increases by 845bps

KARACHI: The futures spread increased by 845bps to 14.04 percent on the last day of outgoing week. Trading...

Published 13 Sep, 2021 05:46am

KSE-100 adds 240.82 points: BRIndex100 gains 38.08 points

Rates

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	279.17
USD PKR Interbank Buying / Jan 30	278.97
USD to Japanese Yen / Jan 30	154.32
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 30	6,071.17
India Sensex / Jan 30	76,759.81
Tokyo Nikkei / Jan 30	39,513.97
Nasdaq / Jan 30	19,681.75
Hang Seng / Jan 30	20,225.11
FTSE 100 / Jan 30	8,646.88
Dow Jones / Jan 30	44,882.13
Germany DAX 30 / Jan 30	21,727.20

Item	Value
Crude Oil USD/Barrel / Jan 30	72.99
Karachi Cotton PKR/37.32 KG / Jan 30	18,285
Gold 10 Grams PKR / Jan 30	248,885
Gold Spot USD/Ounce / Jan 30	2,849.50
Cotton US¢/pound / Jan 30	66.27
Petrol/Litre / Jan 31	256.13

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Kohinoor Ind. / Jan 30 Kohinoor Industries Limited(KOIL)	9.26 ▲ 1 (12.11%)
PICIC Ins.Ltd. / Jan 30 PICIC Insurance Limited(PIL)	2.52 ▲ 0.23 (10.04%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Sana Ind / Jan 30 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
I.C.C. Ind. / Jan 30 ICC Industries Limited(ICCI)	14.29 ▲ 1.3 (10.01%)
Ashfaq Textile / Jan 30 Ashfaq Textile Mills Limited(ASHT)	17.48 ▲ 1.59 (10.01%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
First Capital Equities / Jan 30 First Capital Equities Limited(FCEL)	5.21 ▼ -0.68 (-11.54%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Blue-Ex Ltd / Jan 30 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.41 ▼ -2.45 (-8.49%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.60 ▼ -1.14 (-7.73%)
JS Investments / Jan 30 JS Investments Limited(JSIL)	21.02 ▼ -1.74 (-7.64%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.13 ▼ -0.67 (-6.84%)

Stock	Volume
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	48,078,930 ▲ 2.48
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	33,126,010 ▲ 1.16
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	31,438,642 ▲ 0.23
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.13
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.13
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 2.73
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.63
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.1

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