KARACHI: It seems this year’s corporate result announcement season will not be fortunate for the sugar mills as increased regulation and taxes on the commodity sales would further impact the books of already depressed mill owners. Four sugar mills posted financial results for the nine-month period ended June 30, 2021 on Tuesday, which do not … Read more
One person has been killed and four others are missing after an explosion rocked an industrial park housing several chemical companies in Germany’s western city of Leverkusen, agencies report. Tuesday’s explosion at the waste management facility of the Chempark site, which houses chemical companies including Bayer and Lanxess, took place shortly before 10am local time … Read more
ISLAMABAD: Foreign Minister Shah Mahmood Qureshi will pay a two-day official visit to Bahrain on Wednesday, where he will lead Pakistan’s delegation at the second session of the Pakistan-Bahrain Joint Ministerial Commission. During the visit, both sides will hold expert-level talks, particularly focusing on commerce, investment, energy, overseas employment, agriculture, information and broadcasting, tourism and … Read more
Karachi: Latest Currency Rate in Pakistan today on 27th July 2021, Check currency rates of British Pound, US Dollar to PKR, Euro, Canadian Dollar, UAE Dirham, Saudi Riyal, in Rupees. All rates are according to the open market. Also read: Latest dollar rate in Pakistan on, 27th July 2021 Today Currency Rates In Pakistan Check today’s list … Read more
BADHDAD: US President Joe Biden and Iraqi Prime Minister Mustafa al—Kadhimi sealed an agreement formally ending the US combat mission in Iraq by the end of 2021, more than 18 years after US troops were sent to the country. Coupled with Biden’s withdrawal of the last American forces in Afghanistan by the end of August, the Democratic president is completing … Read more
Dubai: Today Gold Rate in UAE (27th, July 2021) today 24 Carat is AED 217.00 while 22k Carat is AED 204.00. Rate in Abu Dhabi Today. Today Gold Rate In UAE (Dubai) These rates are given in 1 tola, 1 gram and 10 grams formats in aed U.A.E Dirham currency. Find the Updated list of Gold Rate in Dubai (Uae … Read more
LAHORE: The five export-oriented sectors, textiles, surgical goods, carpets, leather and sports goods, are still awaiting the new notification regarding the subsidised electricity and gas tariffs, as the federal government remained unable to issue the same, BOL has learnt on Tuesday. The federal government has failed to issue new notification regarding the subsidised energy tariffs … Read more
Netflix’s Sci-Fi series Stranger Things is not just one of the most-watched TV shows, but its next season (the fourth one) is one of the most anticipated ones. The show revolves around a group of children who are friends with a mysterious girl Eleven (Millie Bobby Brown) and go out of their way to help … Read more
Previously, social media was stirring with the news of French footballer Raphael Varane, signing the contract with Man Utd, once the terms get finalized and the respective conditions are met. It seems like, both Utd and Varane have negotiated a deal on common grounds and are set to go through. A fee of £41m has … Read more
KARACHI: The Pakistan Tobacco Company’s (PTC) net profits jumped 24 per cent to Rs9.44 billion, translating into the earnings per share (EPS) of Rs36.98 for the half-year ended June 30, 2021, a bourse filing said on Tuesday. The company declared an interim cash dividend of Rs26/share, it added. During the period, the company recorded a … Read more
ISLAMABAD: President Dr Arif Alvi on Tuesday called for taking proactive measures to develop the information technology (IT) sector and to ensure economic and scientific development of the country. He said that globally, the focus of development policies was shifting from brick-and-mortar development projects to the intellectual development of human resources and Pakistan needed to … Read more
We live in a society where justice is usually provided than prevailed, be it in real life or reel life. With Noor Muqaddam’s case making it to the headlines, the producers could have cashed in and ended Phaans in a huge way, yet they just left the drama in the middle as if it was … Read more
DUBAI: Fraudsters looking to make a quick buck, the UAE embassy in India warned travellers stuck in India and desperate to return to their job or be reunited with their families fell for it hook, line and sinker. However, flights from India to the UAE will remain suspended until at least August 2, Etihad Airways … Read more
ISLAMABAD: The Islamabad District and Sessions Court has remanded the parents and employees of Zahir Jaffer, the main accused in the Noor murder case, to jail on a 14-day judicial remand. The court sent Asmat Adamjee, Zakir Jaffer and employees Iftikhar and Jameel to Adiala Jail. The parents and two employees of Zahir Jaffer were … Read more
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded the federal and provincial governments to withdraw the recently issued sugar pricing notifications, a statement said on Tuesday. Khawaja Shahzeb Akram, senior vice president of the FPCCI, said that the sugar pricing mechanism should be allowed according to the market conditions. Expressing … Read more
KARACHI: The rupee registered a slight decline of 10 paisas against the dollar on Tuesday because of higher demand for import payments, dealers said. The exchange rate ended at Rs161.33 against the greenback from the previous day’s closing of Rs161.23 in the interbank foreign exchange market. The currency dealers said the rupee slipped because of … Read more
NASA has long had Jupiter’s moon Europa in its sights for scientific research. Researchers are attracted by its large deep ocean and the possibility of life. However, It was revealed over the weekend that SpaceX’s Falcon Heavy will be used to launch the Clipper spacecraft. Europa is Jupiter’s fourth biggest moon. Moreover, it’s subsurface ocean … Read more
Former captain Shahbaz Ahmed Sr believes that the primary reason for the downfall of the sporting structure in the country is the lack of support from the government. The sports governing bodies have received severe criticism in the last few days after it is becoming increasingly likely that Pakistan will not be able to win … Read more
Taking strong exception to the Investment Climate Statements for 2021 released by the US Department of State, the Foreign Office on Tuesday said the judiciary in Pakistan is independent and the courts are functioning in accordance with the Constitution and laws of the country. Foreign Office Spokesperson Zahid Hafeez Chaudhri, in a statement, said that … Read more
ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a committee for the integration of businesses. A notification issued on Tuesday said. To rapidly increase the tax revenues by adding new taxpayers via extensive and innovative use of technology, the committee was formed on the directives of Federal Minister for Finance and Revenue Shaukat Tarin. … Read more
ISLAMABAD: Hazara Women’s Chamber of Commerce and Industry (HWCCI) founder president Ferdowsia Fazal has been nominated as the women coordinator (North Zone) for representing women in the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), a statement said on Tuesday. The FPCCI platform will play its due role in alleviating problems of the business … Read more
NATO Chief Jen Stoltenberg reiterated his call on Tuesday for a ‘negotiated settlement’ with Taliban in Afghanistan. “The security situation in Afghanistan remains deeply challenging, and requires a negotiated settlement,” he said in a tweet after speaking with Afghan President Ashraf Ghani. https://twitter.com/jensstoltenberg/status/1419941139331915776 Stoltenberg further said that NATO will continue to support Afghanistan with funding, … Read more
UNITED NATIONS: Inefficient global food production is at the root of a huge rise in hunger, as well as one-thirds of all emissions and 80 per cent of biodiversity loss, UN Secretary-General Antonio Guterres has warned, in a call to all countries to transform food systems to speed up sustainable development. Up to 811 million … Read more
RIYADH: Fitch Ratings has revised six Saudi Arabia’s banks’ outlooks to stable from negative and affirmed the Foreign Currency and Local Currency Long-Term Issuer Default Ratings (IDRs) at ‘BBB+’. Fitch’s assessment considers the authorities’ strong ability to support the banking system, given large, albeit reduced from their historical levels, external reserves. It also reflects a long … Read more
ISLAMABAD: The country’s youth literacy remained at 72 per cent at the national level, proportionately higher in urban areas with 84 per cent than in rural areas with 65 per cent, according to the Pakistan Social and Living Standards Measurement Survey (PSLM 2019/20) conducted by the Pakistan Bureau of Statistics. The youth literacy is calculated … Read more
ABU DHABI: The Environment Agency – Abu Dhabi (EAD) and Wetlands International have launched the Waterbird Populations Portal (WPP), an online interactive platform containing the most recent data on the status and distribution of the world’s waterbird populations, reported WAM on Tuesday. EAD provided financial support for the development of the portal, which was launched … Read more
US President Joe Biden has announced the end of the war in Iraq. Biden met with Iraqi Prime Minister Mustafa al-Kadhimi at the White House, who said relations with Iraq were entering a new phase. He said security cooperation between the United States and Iraq would continue, and that the Iraqi army would continue to … Read more
LAHORE: Pakistan’s former finance minister Dr Hafeez Pasha has warned of difficult times ahead as the country registered a record high imports of $6.3 billion in June 2021, while the current account deficit remained at $1.3 billion. Addressing an economic session on the “Pakistan Economy ‑ Challenges and Solution”, organised by the Pakistan Industrial and … Read more
