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 / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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