News Archives for Print - 2021-10-17

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Print - 2021-10-17

GST on TDS: Power Division seeks legal opinion

Move comes as FBR is unwilling to back out from recovery of GST on subsidies

Updated 17 Oct, 2021 11:25am

Uzbekistan, Taliban hold talks on trade, aid

TASHKENT: Representatives of the Taliban visited neighbouring Uzbekistan for talks on humanitarian aid and trade on...

Published 17 Oct, 2021 04:58am

TCP issues new sugar tender

HAMBURG: Pakistan's state trading agency the Trading Corporation of Pakistan (TCP) is believed to have made no...

Published 17 Oct, 2021 04:58am

Eid Milad-un-Nabi (PBUH) celebrations: CM meets ulema to finalize arrangements

KARACHI: Sindh Chief Minister Syed Murad Ali Shah, in a meeting with religious scholars here at CM House, has...

Published 17 Oct, 2021 04:41am

Govt empowering farmers: SAPM

ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on food security Jamshed Iqbal Cheema on Saturday said ...

Published 17 Oct, 2021 04:41am

Cash, valuables worth Rs30.9m looted from various areas of capital city

ISLAMABAD: Robbers, thieves and armed snatchers looted cash and valuables worth Rs30.9 million from various areas of...

Published 17 Oct, 2021 04:41am

IHC asks govt to submit details of 'gifts' by Nov 11

ISLAMABAD: In its written order, the Islamabad High Court (IHC) on Saturday gave the federal government the deadline...

Published 17 Oct, 2021 04:41am

PU, Moscow varsity hold webinar on 'Prospects for Pakistan- Russia Relations'

LAHORE: Pakistan Study Centre Punjab University in collaboration with Department of South Asian History, Lomonosov...

Published 17 Oct, 2021 04:41am

ZTBL, GB govt join hands to boost agriculture tourism

ISLAMABAD: Zarai Taraqiati Bank Limited (ZTBL) and Gilgit-Baltistan government have joined hands to boost ...

Published 17 Oct, 2021 04:41am

'There's a need to deal with climate change challenges'

HYDERABAD: Dr Ismail Kumbhar from Sindh Agriculture University while addressing to the people assembly on "Green...

Published 17 Oct, 2021 04:41am

20pc carbon emissions already reduced under NDC: SAPM

ISLAMABAD: Special Assistant to Prime Minister (SAPM) on Climate Change Malik Amin Aslam Khan on Saturday said...

Published 17 Oct, 2021 04:41am

WASA Lahore launches mobile application

LAHORE: The Water and Sanitation Authority (WASA) Lahore on Saturday launched a smart-mobile application for...

Published 17 Oct, 2021 04:41am

Sindh Bureau of Statistics: Training session for officers held at IoBM

KARACHI: The Entrepreneurship and Management Excellence Center (EMEC) at IoBM, Karachi recently conducted four-day...

Published 17 Oct, 2021 04:41am

Grade 1 to 15 posts: Punjab govt to start recruitment process

LAHORE: The Punjab government has decided to start recruitment to fill the vacancies in various departments. The...

Published 17 Oct, 2021 04:41am

PAAPAM urges govt to withdraw 'anti-business' bank account freeze decision

LAHORE: The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has expressed serious...

Published 17 Oct, 2021 04:41am

Punjab government relaxes Covid-19 restrictions

LAHORE: The Punjab government has further relaxed the coronavirus restrictions and allowed business activities...

Published 17 Oct, 2021 04:41am

FPCCI condemns frequent hikes in electricity, petrol rates

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry's Businessmen Panel, while strongly reacting to...

Published 17 Oct, 2021 04:41am

Preparations for Eid Milad-un-Nabi (PBUH) under way

LAHORE: Preparations for celebrating Eid Milad-un-Nabi (PBUH) on Tuesday (October 19) with traditional religious ...

Published 17 Oct, 2021 04:41am

'Malakand division, NMDs exempted from all taxes till June 2023'

PESHAWAR: Chief Commissioner Inland Revenue, Regional Tax Office Peshawar Khurshid Ahmad Khan Marwat said the...

Published 17 Oct, 2021 04:41am

CM Punjab vows to take forward public service agenda swiftly

LAHORE: Punjab Chief Minister Sardar Usman Buzdar said on Saturday that the agenda of public service will be taken...

Published 17 Oct, 2021 04:41am

PN provides relief assistance to quake affectees in Balochistan

KARACHI: Pakistan Navy undertook Humanitarian Assistance & Disaster Relief (HADR) operation in quake-hit areas ...

Published 17 Oct, 2021 04:41am

UNDP-Jazz's SDG Boot camps: Four social enterprises emerge victorious

KARACHI: Four social enterprises have emerged victorious from the first cohort of the UNDP-Jazz's SDG Boot camps for...

Published 17 Oct, 2021 04:41am

Rape-murder of two students: Senate body rejects IIUI report

ISLAMABAD: The Senate Subcommittee on Federal Education and Professional Training, National Heritage and Culture has...

Published 17 Oct, 2021 04:41am

Punjab govt all set to digitize 'Lal Kitab'of Patwaris

LAHORE: Punjab government is all set to digitize the red book (commonly known as Lal Kitab) of Patwaris, said...

Published 17 Oct, 2021 04:41am

Country needs global climate finance to initiate steps under revised INDC: experts

ISLAMABAD: Pakistan immediately needs international climate finance for taking measures under the revised Intended...

Published 17 Oct, 2021 04:41am

US to reopen borders to vaccinated travelers Nov 8

WASHINGTON: The United States will reopen its land and air borders on November 8 to foreign visitors fully ...

Published 17 Oct, 2021 04:41am

Africa

Thousands of pro-military protesters rally against Sudan government

KHARTOUM: Thousands of pro-military Sudanese protesters took to the streets Saturday demanding the dissolution of ...

Published 17 Oct, 2021 04:41am

Middle East

Coalition says killed 160 Yemen rebels in battle for Marib

RIYADH: The Saudi-led coalition supporting Yemen's government said Saturday it had killed 160 Huthi rebels in ...

Published 17 Oct, 2021 04:41am

South Asia

Taliban pledge to step up security as Shia victims buried in Afghanistan

KABUL: Taliban authorities pledged to step up security at Shia mosques as hundreds of people gathered on Saturday to...

Published 17 Oct, 2021 04:41am

Europe

UK PM Johnson visits church where lawmaker was stabbed to death

LEIGH-ON-SEA: British Prime Minister Boris Johnson on Saturday laid flowers outside the church where a lawmaker was...

Published 17 Oct, 2021 04:41am

Security review after British MP stabbed to death in 'terror' attack

LEIGH-ON-SEA: The fatal stabbing of British lawmaker David Amess was a terrorist incident, police said Saturday, as...

Published 17 Oct, 2021 04:41am

South Asia

Vibrant Afghan radio has lost energy

FARAH: Radio station Urooj once teemed with journalists producing news bulletins, but since the Taliban came to ...

Published 17 Oct, 2021 04:41am

Zaghari-Ratcliffe loses appeal on second Iran jail term

LONDON: British-Iranian mother Nazanin Zaghari-Ratcliffe has lost an appeal against a second jail term in Iran after...

Published 17 Oct, 2021 04:41am

South Asia

Two Hindu men killed in fresh Bangladesh religious unrest

DHAKA: Two Hindu men have been killed in fresh religious violence in Bangladesh, police officials said Saturday,...

Published 17 Oct, 2021 04:41am

US intelligence chief to meet with S Korea, Japan counterparts

WASHINGTON: The intelligence chiefs of the United States, South Korea and Japan are expected to meet in Seoul early...

Published 17 Oct, 2021 04:41am

Probe launched over riot at Russian prison

MOSCOW: Russian investigators on Saturday launched a probe over a riot at a prison involving at least 200 inmates,...

Published 17 Oct, 2021 04:41am

Iranian supertanker departing from Venezuela to transport heavy oil

HOUSTON/CARACAS: An Iran-flagged supertanker on Saturday was about to set sail from Venezuelan waters carrying 2...

Published 17 Oct, 2021 04:41am

US offers to pay relatives of 10 killed in botched Afghan drone strike

WASHINGTON: The United States said Friday it has offered to pay unspecified compensation to relatives of 10 people ...

Published 17 Oct, 2021 04:41am

Glencore opens talks with Chad over debt restructuring

LONDON: Glencore and a consortium of banks have started talks with Chad over the restructuring of the country's more...

Published 17 Oct, 2021 04:41am

Pope pledges to continue being a 'pest' in defence of the poor

VATICAN CITY: Pope Francis said on Saturday he realises some people, including within the Church, consider him to be...

Published 17 Oct, 2021 04:41am

Myanmar junta chief excluded from ASEAN summit

BANDAR SERI BEGAWAN: Myanmar's junta chief will be excluded from an upcoming ASEAN summit, the group said Saturday, ...

Published 17 Oct, 2021 04:41am

Chinese property executives ask regulators for 'appropriate loosening' of restrictions

SHANGHAI: Representatives from 10 Chinese property companies met government regulators to ask for an "appropriate...

Published 17 Oct, 2021 04:41am

Merkel vows continuity on last visit to Erdogan

ISTANBUL: Chancellor Angela Merkel on Saturday vowed continuity in Germany's relations with Turkey that included ...

Published 17 Oct, 2021 04:41am

Lebanese Christian group denies Hezbollah claim it planned Beirut bloodshed

BEIRUT: The head of the Christian Lebanese Forces party (LF) denied late on Friday his group had planned street...

Published 17 Oct, 2021 04:41am

Sugarcane: Rs225/maund minimum purchase price proposed

LAHORE: The Sugarcane Control Board Punjab has reportedly pitched the Minimum Purchase Price (MPP) for the sugarcane...

Published 17 Oct, 2021 04:41am

JI to launch countrywide protest movement from Sunday

LAHORE: Jamaat-e-Islami Pakistan has announced countrywide week-long protest movement from Sunday against inflation...

Published 17 Oct, 2021 04:41am

Maryam steps up criticism of PTI govt

LAHORE: Rejecting hike in the prices of petroleum products, Pakistan Muslim League-Nawaz (PML-N) vice president...

Published 17 Oct, 2021 04:41am

BISE Lahore announces results of SSC exams

LAHORE: The Board of Intermediate and Secondary Education (BISE), Lahore on Saturday has announced the results of...

Published 17 Oct, 2021 04:41am

Govt has failed to fulfil responsibility of 'controlling' prices: Bukhari

LAHORE: Syed Nayyar Hussain Bukhari, Secretary General Pakistan Peoples' Party (PPP), has said that the government...

Published 17 Oct, 2021 04:41am

CTO Lahore for strict implementation of traffic rules

LAHORE: Chief Traffic Officer Muntazir Mehdi on Saturday met LCCI President Mian Nauman Kabir, Senior Vice President...

Published 17 Oct, 2021 04:41am

CJP inaugurates building of Pink Ribbon Hospital

LAHORE: Chief Justice of Pakistan Justice Gulzar Ahmed inaugurated the building of Pink Ribbon Hospital, the...

Published 17 Oct, 2021 04:41am

US diplomat's separate meetings with Shehbaz, Maryam show PML-N split

ISLAMABAD: A clear divide has become apparent between top cadres of Pakistan Muslim League-Nawaz (PML-N) as Maryam...

Published 17 Oct, 2021 04:41am

'Mini-budgets' evidence of govt's failure, says Shehbaz

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) has termed the recent increase in petrol prices a "continuation of...

Published 17 Oct, 2021 04:41am

Bilawal hits out at PTI govt over hike in fuel prices

KARACHI: Pakistan Peoples Party (PPP) chairman Bilawal Bhutto Zardari on Saturday said that Pakistan Tehreek-e-Insaf...

Published 17 Oct, 2021 04:41am

Confiscated goods, narcotics: 'destruction ceremony' held in Hyderabad

HYDERABAD: The Collectorate of Customs, Hyderabad held a destruction ceremony of confiscated smuggled goods and...

Published 17 Oct, 2021 04:41am

Dry weather likely in most parts of country

KARACHI: Mainly dry weather is expected in most parts of the country over the next 24 hours, the Met Office said on...

Published 17 Oct, 2021 04:41am

Hike in oil prices to fuel inflation: expert

KARACHI: Pakistan is in the grip of a wave of increase in international oil rates but there is a limit of ...

Published 17 Oct, 2021 04:41am

Evergrande CEO in Hong Kong for restructuring, asset sale talks

Evergrande Group's chief executive is holding talks in Hong Kong with investment banks and creditors over a possible...

Published 17 Oct, 2021 04:41am

Supply chains, inflation overshadow vaccine, debt woes at IMF-World Bank meetings

Supply chain woes and growing inflation concerns pushed aside a widening gap in COVID-19 vaccinations and mounting...

Published 17 Oct, 2021 04:41am

China looks to lock in US LNG as energy crunch raises concerns

Major Chinese energy companies are in advanced talks with US exporters to secure long-term liquefied natural gas...

Published 17 Oct, 2021 04:41am

Needed: urban land reform

Lately, debate is growing on rising real estate prices and falling affordability for middle class. In a recent talk,...

Published 17 Oct, 2021 04:41am

A frosty exchange, at best

EDITORIAL: The atmospherics in the US Deputy Secretary of State Wendy Sherman's meetings in Islamabad can best be...

Published 17 Oct, 2021 04:41am

Letters

The fuel wood factor

An editorial 'Micro forest for Lahore' in Business Recorder a couple of months ago had pointed out that "As compared...

Published 17 Oct, 2021 04:41am

Commodities

Prices of essential kitchen items increase further

ISLAMABAD: Prices of essential kitchen items have witnessed a further increase during this week past as compared ...

Published 17 Oct, 2021 04:41am

Energy

US natgas slips on mild forecast

NEW YORK: US natural gas futures slipped about 2% on Friday on forecasts for less demand next week than previously...

Published 17 Oct, 2021 04:41am

Commodities

Iron ore futures mark first weekly loss

MANILA: Dalian iron ore fell for a third straight session on Friday and marked its first weekly decline in a month,...

Published 17 Oct, 2021 04:41am

Commodities

Asia rice: Export rates steady across hubs

HANOI/BANGKOK/MUMBAI: Export prices for rice from major Asian hubs were steady this week, with the Indian market...

Published 17 Oct, 2021 04:41am

Commodities

Asia Gold: India returns to premium

MUMBAI: Physical gold flipped back to premiums in India this week as key festivals ushered in jewellery buying, ...

Published 17 Oct, 2021 04:41am

Commodities

Chinese corn drops

BEIJING/SINGAPORE: Corn prices in China's key Shandong hub have fallen to the same levels as wheat this week, for ...

Published 17 Oct, 2021 04:41am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Saturday (October 16, 2021)....

Published 17 Oct, 2021 04:41am

Cotton & Textile

Spot rate gains amid moderate trading

KARACHI: The Spot Rate Committee of the Karachi Cotton Association on Saturday increased the spot rate by Rs 200 per...

Published 17 Oct, 2021 04:41am

PTC says has plans to achieve 100pc carbon neutrality

Islamabad: Chief Executive Officer of Pakistan Tobacco Company Limited (PTC), Syed Ali Akbar said Saturday that the...

Published 17 Oct, 2021 04:41am

Money laundering case: NAB summons Rukhsana Bangash

ISLAMABAD: The National Accountability Bureau (NAB) has summoned the political secretary of former president Asif ...

Published 17 Oct, 2021 04:41am

AAJ PROGRAM SCHEDULE

Sunday, October 17, 2021

Published 17 Oct, 2021 04:41am

Rates

Automart: car prices in Karachi

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

Published 17 Oct, 2021 04:41am

Rates

World Shipping Schedule

KARACHI: Karachi Port's world-wide shipping schedule beginning Saturday (October 16, 2021)....

Published 17 Oct, 2021 04:41am

The Weather

KARACHI: The weather report on Saturday (October 16, 2021) and the forecast for Sunday (October 17, 2021)....

Published 17 Oct, 2021 04:41am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Saturday (October 16, 2021)...

Published 17 Oct, 2021 04:41am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (October 16, 2021). ======================================= Offset...

Published 17 Oct, 2021 04:41am

Industry

Traders criticise govt over rise in POL products' prices

KARACHI: Business community, dismayed over hike in petroleum prices, devaluation of rupee and unbearable inflation,...

Published 17 Oct, 2021 04:41am

Industry

Pakistan, Iran should devise barter trade payment mechanism: Maggo

KARACHI: President FPCCI, Mian Nasser Hyatt Maggo has urged the governments of Pakistan and Iran to come up with a...

Published 17 Oct, 2021 04:41am

India: the largest illicit drug market

EDITORIAL: India is certainly the biggest narcotics consumer in the region. The last month's drug haul at the Adani...

Published 17 Oct, 2021 04:41am

Money & Banking

MMBL wins Retail Banker International Asia Trailblazer Award

ISLAMABAD: Pakistan's largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has won the prestigious Retail...

Published 17 Oct, 2021 04:41am

Industry

CMIFC to attract investment: FCCI president

FAISALABAD: The Chief Minister's Investment Facilitation Cell (CMIFC) will not only attract local and foreign...

Published 17 Oct, 2021 04:41am

Industry

Furniture Exhibition receives huge response

KARACHI: Lifestyle Furniture Exhibition has received overwhelming response as over ten thousand buyers visited the...

Published 17 Oct, 2021 04:41am

Taxes

FBR working on plan to rightsize PRAL

ISLAMABAD: The Federal Board of Revenue (FBR) has started working on a plan on rightsizing the Pakistan Revenue...

Updated 17 Oct, 2021 07:20pm

Industry

Italy's business lobby sees stronger economic growth in 2021

ROME: Italy's business lobby Confindustria said on Saturday the country's growth this year would be more robust than...

Published 17 Oct, 2021 04:41am

Govt blames global price rise, rupee depreciation for hikes

ISLAMABAD: The government said on Saturday that the continuous depreciation of rupee against the US dollar and...

Updated 17 Oct, 2021 12:44pm

'Relatively less increase' made in fuel prices: Gill

ISLAMABAD: Special Assistant to the Prime Minister on Political Communication Dr Shahbaz Gill on Saturday said...

Updated 17 Oct, 2021 12:45pm

Petrol prices cheaper than those in 130 countries: minister

ISLAMABAD: Federal Minister for Aviation Ghulam Sarwar Khan, on Saturday, said that oil prices were increased in the...

Published 17 Oct, 2021 04:37am

PPP rejects govt decision

ISLAMABAD: Pakistan Peoples' Party (PPP) Saturday strongly rejected the recent increase in the prices of petroleum...

Published 17 Oct, 2021 04:36am

PL, GST rates stay put: Massive increase in POL products' prices announced

ISLAMABAD: The federal government Saturday opted to increase the ex-refinery prices of all petroleum products but...

Published 17 Oct, 2021 04:36am

Russia seeing record gas demand but still ready to boost EU supplies

MOSCOW: Russian gas consumption is running at a record high but Moscow is still ready to increase supplies to Europe...

Published 17 Oct, 2021 04:36am

EDF exempted from PPRA rules

ISLAMABAD: The Federal Cabinet has exempted Export Development Fund (EDF) from Public Procurement Regulatory...

Published 17 Oct, 2021 03:38am

Crucial approval needed for setting up of CPEC Tower

BoI moves summary for establishment of 'CPEC Business and Industrial Tower in Islamabad'

Updated 17 Oct, 2021 11:38am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.80
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 21	6,049.24
India Sensex / Jan 21	75,838.36
Tokyo Nikkei / Jan 21	39,604.71
Nasdaq / Jan 21	19,756.78
Hang Seng / Jan 21	19,872.36
FTSE 100 / Jan 21	8,548.29
Dow Jones / Jan 21	44,025.81
Germany DAX 30 / Jan 21	21,042

Item	Value
Crude Oil USD/Barrel / Jan 21	75.89
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Gold Spot USD/Ounce / Jan 21	2,749.13
Cotton US¢/pound / Jan 21	67.43
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Jan 22 The Pakistan General Insurance Co. Ltd.(PKGI)	9.46 ▲ 0.96 (11.29%)
Leather Up Ltd. / Jan 22 Leather Up Limited(LEUL)	27.57 ▲ 2.51 (10.02%)
Olympia Mills / Jan 22 Olympia Mills Limited(OML)	39 ▲ 3.35 (9.40%)
Pak Engineering / Jan 22 Pakistan Engineering Company Limited(PECO)	733 ▲ 61.78 (9.20%)
Rafhan Maize / Jan 22 Rafhan Maize Products Company Limited(RMPL)	9,950 ▲ 755.06 (8.21%)
Invest Bank / Jan 22 Invest Capital Investment Bank Limited(ICIBL)	1.70 ▲ 0.09 (5.59%)
Thal Limited / Jan 22 Thal Limited(THALL)	439.90 ▲ 23.15 (5.55%)
Indus Dyeing / Jan 22 Indus Dyeing & Manufacturing Co. Limited(IDYM)	125.99 ▲ 5.98 (4.98%)
Ali Asghar / Jan 22 Ali Asghar Textile Mills Limited(AATM)	50.48 ▲ 2.37 (4.93%)

Stock	Price
Khyber Textile / Jan 22 Khyber Textile Mills Limited(KHYT)	475 ▼ -51.08 (-9.71%)
United Brands / Jan 22 United Brands Limited(UBDL)	22.56 ▼ -1.47 (-6.12%)
Equity Modaraba / Jan 22 First Equity Modaraba(FEM)	3.40 ▼ -0.14 (-3.95%)
AL-Ghazi Tractors / Jan 22 Al-Ghazi Tractors Limited(AGTL)	621.10 ▼ -24.02 (-3.72%)
Pakistan Cables / Jan 22 Pakistan Cables Limited(PCAL)	181.01 ▼ -6.63 (-3.53%)
MithchellsFruit / Jan 22 Mitchells Fruit Farms Limited(MFFL)	265 ▼ -8.23 (-3.01%)
Adamjee Life Assur. / Jan 22 Adamjee Life Assurance Company Limited(ALIFE)	29.10 ▼ -0.89 (-2.97%)
Hinopak Motor / Jan 22 Hinopak Motors Limited(HINO)	436 ▼ -13.03 (-2.90%)
Dewan Motors / Jan 22 Dewan Farooque Motors Limited(DFML)	44.50 ▼ -1.22 (-2.67%)

Stock	Volume
Cnergyico PK / Jan 22 Cnergyico PK Limited(CNERGY)	114,034,653 ▲ 0.01
Bank Makramah / Jan 22 Bank Makramah Limited(BML)	69,476,357 ▲ 0.02
WorldCall Telecom / Jan 22 Worldcall Telecom Limited(WTL)	64,227,770 ▼ -0.03
Fauji Cement / Jan 22 Fauji Cement Company Limited(FCCL)	53,698,225 ▲ 0.35
Citi Pharma Ltd / Jan 22 Citi Pharma Ltd.(CPHL)	23,402,152 ▼ -0.17
Lotte Chemical / Jan 22 Lotte Chemical Pakistan Limited(LOTCHEM)	23,042,045 ▲ 0.12
Ghani Chem. Ind. / Jan 22 Ghani Chemical Industries Limited(GCIL)	21,938,589 ▼ -0.01
Power Cement / Jan 22 Power Cement Limited(POWER)	21,682,567 ▲ 0.05
B.O.Punjab / Jan 22 The Bank of Punjab(BOP)	14,838,637 ▲ 0.05

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