News Archives for Print - 2021-10-04

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Print - 2021-10-04

'Links' to offshore companies: Tarin, Moonis, others named in Pandora Papers

The probe is said to be based on more than 11.9 million confidential files from 14 offshore services

Updated 04 Oct, 2021 10:02am

PTI govt to launch its 'mega' socio-economic programme today

ISLAMABAD: The much awaited government's flagship "Kamyab Pakistan Programme" is finally being launched by the Prime...

Updated 04 Oct, 2021 09:35am

PSM: PC declines to identify interested parties

ISLAMABAD: Privatisation Commission (PC) has refused to disclose the names of investors who have submitted Letters ...

Updated 04 Oct, 2021 09:38am

Data-rigging claims: IMF board to grill investigators, Georgieva

WASHINGTON: The International Monetary Fund's executive board will intensify its probe of Managing Director...

Updated 04 Oct, 2021 09:39am

Tarin for allowing import of 50,000MT of sugar despite opposition

ISLAMABAD: Finance Minister Shaukat Tarin is said to have decided to allow import of 50,000 tons of sugar despite...

Updated 04 Oct, 2021 09:46am

Taliban hold victory rally; five killed in blast

KABUL: Taliban supporters and senior figures held their first mass rally near Kabul on Sunday, but the show of...

Updated 04 Oct, 2021 09:49am

UAE official says time to manage rivalry with Iran and Turkey

DUBAI: The United Arab Emirates is trying to manage long-running rivalries with Iran and Turkey through dialogue to...

Published 04 Oct, 2021 06:22am

DC reviews process of auction for different vegetables, fruits

FAISALABAD: Deputy Commissioner Ali Shahzad visited the fruit and vegetable market Sadar Jhang road and reviewed the...

Published 04 Oct, 2021 06:17am

Session at University of Kabul: Students developed strong presentation, listening skills

LAHORE: Book Clubs Across Borders (BCAB) is a pilot project being implemented by The Citizens Archive of Pakistan,...

Published 04 Oct, 2021 06:17am

Discontinuation of BS Geography, ADP perturbs Islamabad College students

ISLAMABAD: The discontinuation of B.S Geography and Associate Degree Programs (ADP) of Islamabad Model Postgraduate...

Published 04 Oct, 2021 06:17am

PSP chief demands Sindh govt announce PFC Award

Karachi: Pak Sarzameen Party (PSP) Chairman Syed Mustafa Kamal on Sunday said that 'indifferent' rulers in order to...

Published 04 Oct, 2021 06:17am

'Authentic' artefacts: 'Talajah Fort was built around 2,000 years ago'

LAHORE: An archaeology team of the Punjab University has found 'authentic' artifacts that have suggested the ...

Published 04 Oct, 2021 06:17am

Iran urges US to unfreeze $10bn to show 'intentions'

TEHRAN: Iran's foreign minister has called on the United States to unlock $10 billion of Tehran's frozen assets to...

Published 04 Oct, 2021 05:56am

Fake PSO of senior judges arrested: police

LAHORE: The Wahdat Colony police claimed on Sunday to have arrested an imposter who was mounting pressure on...

Published 04 Oct, 2021 05:56am

Merkel urges compromise at start of tough coalition talks

BERLIN: Outgoing German chancellor Angela Merkel made an implicit call on politicians to overcome their differences...

Published 04 Oct, 2021 05:56am

Africa

Tunisia TV host, MP held over comments on president

TUNIS: Tunisian authorities on Sunday arrested a television journalist and an MP who appeared on his show for...

Published 04 Oct, 2021 05:56am

No more immigration: PM says Britain is in period of adjustment

MANCHESTER: British Prime Minister Boris Johnson said on Sunday he would not return to "uncontrolled immigration" to...

Published 04 Oct, 2021 05:56am

Merkel urges compromise at start of tough coalition talks

BERLIN: Outgoing German chancellor Angela Merkel made an implicit call on politicians to overcome their differences...

Published 04 Oct, 2021 05:56am

Asia

N Korea accuses UN of double standards over missile tests

SEOUL: North Korea said on Sunday the United Nations Security Council applied double standards over military...

Published 04 Oct, 2021 05:56am

Messi suffers first PSG defeat in loss at Rennes

PARIS: Lionel Messi suffered his first defeat as a Paris Saint-Germain player on Sunday as their perfect start to ...

Published 04 Oct, 2021 05:56am

Palace fight back to secure 2-2 home draw with Leicester

LONDON: Crystal Palace fought back from two goals down to earn a 2-2 home draw with Leicester City in the Premier...

Published 04 Oct, 2021 05:56am

Norrie topples Rublev to reach San Diego ATP final

LOS ANGELES: Britain's Cameron Norrie rallied to beat fifth-ranked top seed Andrey Rublev 3-6, 6-3, 6-4 Saturday and...

Published 04 Oct, 2021 05:56am

Kenya's Jepkosgei upsets Kosgei to win London Marathon

LONDON: Kenya's Joyciline Jepkosgei won a thrilling women's London Marathon on Sunday in two hours, 17 minutes and ...

Published 04 Oct, 2021 05:56am

Bologna thump Lazio to ease pressure on Mihajlovic

MILAN: Bologna gave coach Sinisa Mihajlovic room to breath on Sunday with a comfortable 3-0 Serie A win over Lazio...

Published 04 Oct, 2021 05:56am

German Unity Day: Platinum Jubilee of Pakistan - Germany Relationship

TEXT: Wouldn't we all wish to be able to celebrate two birthdays in a row? This year, we can: Now celebrating the...

Published 04 Oct, 2021 05:56am

German Unity Day: METRO Pakistan (Pvt) Limited

TEXT: Strengthening the local economy Metro Pakistan strengthens the documented economy and is an important...

Published 04 Oct, 2021 05:56am

South Korea National Foundation Day: Message from Kim Haksung, Consul General of South Korea in Karachi

TEXT: It is my pleasure to extend greetings to the Excellencies, friends & the people of Sindh, Pakistan as we...

Published 04 Oct, 2021 05:56am

South Korea National Foundation Day: Kumho Tires

TEXT: We wish Korea a very Happy National Foundation Day and join their celebrations on behalf of Lords Impex, Sole...

Published 04 Oct, 2021 05:56am

South Korea National Foundation Day: Pakistan-South Korea economic relations

Kalim Farooqui, Managing Director, Technology Links TEXT: "Korean Exim Bank plans to double Pakistan's financing to...

Published 04 Oct, 2021 05:56am

South Korea National Foundation Day: Disruption through Technology

TEXT: Oceanic Group's journey started in 1970 when Capt Khalil Ur Rahman Khan after coming on shore spending...

Published 04 Oct, 2021 05:56am

South Korea National Foundation Day

Asad Ur Rehman Khan, Group Managing Director, CERM Pakistan Technology Services As per our vision of giving the...

Published 04 Oct, 2021 05:56am

Middle East

Disappointment in Qatar as no women candidates elected

DOHA: Women voters voiced disappointment Sunday after none were elected in Qatar's first legislative polls with all...

Published 04 Oct, 2021 05:56am

24,637 motorcyclists fined by ITP in three weeks

ISLAMABAD: Islamabad Traffic Police (ITP) fined 24,637 motorcyclists during last TWO weeks over major violations on...

Published 04 Oct, 2021 05:56am

Pak-Saudi naval exercise 'Naseem al Bahr-XIII' begins

KARACHI: The major joint Naval Exercise Naseem al Bahr-XIII between Pakistan Navy (PN) and Royal Saudi Naval Forces...

Published 04 Oct, 2021 05:56am

Landslide in Kohistan following rains: KKH blocked

KOHISTAN: The Karakoram Highway (KKH) Sunday has been blocked at several places in Lower Kohistan due to heavy rains...

Published 04 Oct, 2021 05:56am

President shares Brother Ali's song

ISLAMABAD: President Dr Arif Alvi on Sunday shared a melodious item of renowned US rapper Brother Ali in which the...

Updated 04 Oct, 2021 10:44am

Companies

Panther Tyres holds its 38th AGM

KARACHI: Panther Tyres Limited, the leading manufacturing company of tyres and tubes for earth mover/otr, tractor,...

Published 04 Oct, 2021 05:56am

Govt not in secret talks with banned TTP: Khattak

NOWSHERA: Minister for Defence Pervez Khattak issued a clarification on Sunday saying no secret talks are being held...

Published 04 Oct, 2021 05:56am

UAE CG meets PPCL MD, CEO

KARACHI: In the context of communicating with Pakistani businessmen, companies and economic institutions, to enhance...

Published 04 Oct, 2021 05:56am

Industry

Global energy 'crisis' to hurt economies: Mian Zahid

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

Published 04 Oct, 2021 05:56am

Widespread rains likely in Balochistan

QUETTA: Pakistan Meteorological Department Quetta Regional Center on Sunday forecast that widespread...

Published 04 Oct, 2021 05:56am

There has been 50pc decline in militant attacks: PICSS

ISLAMABAD: The security situation has relatively improved in Pakistan in September compared with August 2021 as...

Published 04 Oct, 2021 05:56am

TTP issue: PPP for formation of a 'truth and reconciliation commission'

ISLAMABAD: PPP Senator Rehman Malik said on Sunday that Pakistan's political situation would change after the ...

Published 04 Oct, 2021 05:56am

Measles rubella catch-up campaign in Faisalabad

FAISALABAD: The measles rubella catch-up campaign will be started in the district from November 15 to 27, during...

Published 04 Oct, 2021 05:56am

PM has raised money-laundering issue on int'l forums: Faisal

ISLAMABAD: Senator Faisal Javed Khan has said that money laundering from poor countries to rich countries is a major...

Published 04 Oct, 2021 05:56am

Higher education: Punjab govt decides to complete 197 projects

LAHORE: Punjab government will complete 197 projects of higher education across the province with the cost of Rs. 15...

Published 04 Oct, 2021 05:56am

3 bank 'robbers' held in Peshawar, Rs7m recovered

KARACHI: Three bandits, who had looted Rs205 million from a bank in Karachi on 10 August 2021, were captured in...

Published 04 Oct, 2021 05:56am

Algeria escalates France dispute with flight ban

PARIS: The diplomatic discord between Algeria and France deepened Sunday after Algiers banned French military planes...

Published 04 Oct, 2021 05:56am

Rates

Futures spread declines by 19bps

KARACHI: The futures spread declined by 19bps to 6.70 percent on the last day of outgoing week. Trading activities...

Published 04 Oct, 2021 05:56am

Rates

PSX witnesses mixed trend: BRIndex100 drops 1.67 points

KARACHI: Pakistan Stock Exchange (PSX) witnessed mixed trend during the outgoing week as the investors remained...

Published 04 Oct, 2021 05:56am

Stocks

Most Gulf bourses fall; Abu Dhabi gains

DUBAI: Most stock markets in the Gulf closed lower on Sunday, with the Saudi index ending five sessions of gains,...

Published 04 Oct, 2021 05:56am

Industry

Economic empowerment key to achieving women empowerment: YGLs

LAHORE: The economic empowerment is the basic ingredient of women empowerment, it was stated by the Young Global...

Published 04 Oct, 2021 05:56am

Industry

Kabir underscores need for formulating 'strategic economic foreign policy'

LAHORE: Geo political changes and formation of new trade & economic alliances around the world have underlined...

Published 04 Oct, 2021 05:56am

Money & Banking

UAE to start marketing first federal dollar bond this week

DUBAI: The United Arab Emirates government is expected to begin marketing its first bond as a federation as soon as...

Published 04 Oct, 2021 05:56am

Stocks

Merck Covid-19 pill success slams Moderna shares, shakes up healthcare sector

NEW YORK: Positive clinical trial results for Merck & Co's experimental antiviral COVID-19 pill reverberated...

Published 04 Oct, 2021 05:56am

Stocks

Most yields lower on fourth-quarter repositioning

NEW YORK: Traders sent longer-term US Treasury yields lower on Friday as they repositioned for the year's fourth...

Published 04 Oct, 2021 05:56am

Money & Banking

European bond yields snap 5-week rising streak

LONDON: German government debt yields posted their biggest one-day decline in three weeks on Friday as wobbles on...

Published 04 Oct, 2021 05:56am

Stocks

Wall Street Week Ahead: Bruised market eyes Treasury yields to gauge stocks' path

NEW YORK: Investors are focusing on Treasury yields as a key factor in determining how stocks will fare the rest of...

Published 04 Oct, 2021 05:56am

Money & Banking

JGBs gain

TOKYO: Japanese government bond prices rose on Friday as concerns about supply disruptions and the fate of a US...

Published 04 Oct, 2021 05:56am

Companies

Advent-owned Olaplex valued at over $16bn

NEW YORK: Olaplex Holdings Inc's shares opened more than 19% above their offer price in a strong market debut on...

Published 04 Oct, 2021 05:56am

Money & Banking

SoftBank-backed Oyo aims for up to $12bn valuation in India IPO

BENGALURU: SoftBank-backed Indian hotel aggregator Oyo Hotels is seeking a valuation of $10 billion to $12 billion, ...

Published 04 Oct, 2021 05:56am

Rates

PKR crosses 172 mark in open market

KARACHI: Last week, PKR saw fall of almost 0.85% in interbank and around 1% in open market thus crossing the 172...

Published 04 Oct, 2021 05:56am

Money & Banking

Nigeria delays launch of eNaira digital currency

ABUJA: Nigeria has delayed the launch of its eNaira digital currency, initially planned for Friday, because of the...

Published 04 Oct, 2021 05:56am

Stocks

Tehran bourse chief quits over crypto mining gear

TEHRAN: Tehran's stock exchange will open the trading week on Saturday under new leadership after its head resigned...

Published 04 Oct, 2021 05:56am

Punjab's 'Governor Award' conferred on 30 personalities

LAHORE: Governor Punjab Chaudhry Mohammad Sarwar has conferred 'Governor Award' on 30 personalities including ...

Published 04 Oct, 2021 05:56am

Energy

Chinese have role in execution of Matiari-Lahore HVDC project

BEIJING: The engineers from National Power Construction Corporation (NPCC) have expressed appreciation to engineers...

Published 04 Oct, 2021 05:56am

CS pays surprise visit to Social Welfare Complex

LAHORE: Chief Secretary Punjab Kamran Ali Afzal directed the departments concerned to start the reconstruction and...

Published 04 Oct, 2021 05:56am

Scientists, other experts urged to help boost agri output

FAISALABAD: Despite being an agricultural country, imports of essential items have crossed Rs 10 billion while...

Published 04 Oct, 2021 05:56am

AAJ PROGRAM SCHEDULE

Monday, October 04, 2021

Updated 04 Oct, 2021 07:05am

Rates

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (September 27 to...

Published 04 Oct, 2021 05:56am

The Weather

KARACHI: The weather report on Sunday (October 3, 2021) and the forecast for Monday (October 4, 2021)....

Published 04 Oct, 2021 05:56am

ERRA's crass negligence

EDITORIAL: It is yet another instance of our officialdom's callous disregard for public needs desperately requiring...

Published 04 Oct, 2021 05:56am

Industry

Sarhadi-led PAJCCI delegation meets DG Transit Trade

PESHAWAR: A five-member delegation of Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI) held a meeting with...

Published 04 Oct, 2021 05:56am

Food, other essential items handed over to Afghan authorities

PESHAWAR: Eight trucks loaded with food items and other essentials have been handed over to authorities concerned ...

Published 04 Oct, 2021 05:56am

First Rabi-ul-Awwal likely on 8th

KARACHI: Pakistan Meteorological Department (PMD) has predicted that there is 'good chance' of sighting the new moon...

Published 04 Oct, 2021 05:56am

Hunar-Rozgar Mela provides 1,000 job opportunities

KARACHI: The donor-funded TVET Sector Support Programme implemented by National Vocational and Technical Training...

Published 04 Oct, 2021 05:56am

PPP decides to hold rally in Karachi on 17th

KARACHI: Pakistan Peoples Party (PPP) has announced to hold a power show in the port city on October 17. According ...

Published 04 Oct, 2021 05:56am

Wahab opens park in Nazimabad

KARACHI: Administrator Karachi, and Sindh government Spokesman Barrister Murtaza Wahab inaugurated the newly...

Published 04 Oct, 2021 05:56am

PPP senator Sherry steps up criticism of govt

ISLAMABAD: Chair of the Foreign Affairs Committee in the Senate, Sherry Rehman has said that, "Risks to Pakistan...

Published 04 Oct, 2021 05:56am

Diamer Basha Dam: Wapda chairman reviews construction work

LAHORE: Chairman Pakistan Water and Power Development Authority (WAPDA) Lt-Gen Muzammil Hussain (Retd) has said that...

Published 04 Oct, 2021 05:56am

Jam meets disgruntled MPAs with a view to foiling no-trust move

QUETTA: Chief Minister of Balochistan Jam Kamal held late night meetings with disgruntled lawmakers of the ...

Published 04 Oct, 2021 05:56am

Zaidi grieved over death of Umer Sharif

ISLAMABAD: Federal Minister for Maritime Affairs Ali Haider Zaidi on Sunday expressed his deep grief and sorrow over...

Published 04 Oct, 2021 05:56am

Commodities

Prices of food items rise sharply

PESHAWAR: A steep increase in prices of live chicken/meat, flour, sugar, eggs, vegetables, fruits, cooking oil/ghee...

Published 04 Oct, 2021 05:56am

Cotton & Textile

Weekly Cotton Review: Cotton rate soars on bullish trend in international market

KARACHI: There has been a bullish trend in international cotton market. The spot rate increased by Rs900 per maund....

Published 04 Oct, 2021 05:56am

Govt's inflation narrative

Prime Minister Imran Khan acknowledged yet again on 30 September 2021 that inflation is an issue but laid the blame...

Published 04 Oct, 2021 05:56am

A special UNGA session

Come September, Come UNGA. The big gathering. Leaders speak. Diplomats meet. Global agenda is set. Challenges are...

Published 04 Oct, 2021 05:56am

Oil prices buoyed by soaring gas rates ahead of OPEC+ meet

The sharp rise in wholesale gas prices is spilling over into the oil market, with looming demand for electricity...

Published 04 Oct, 2021 05:56am

Commitment to the poor

EDITORIAL: Prime Minister Imran Khan and his cabinet repeatedly point to a rise in government expenditure for the...

Published 04 Oct, 2021 05:56am

Letters

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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