KARACHI: The average customer rates of buying and selling of Euro (EUR) against Pakistani Rupee (PKR) are Rs199.12 and Rs201.11 at 03:43 pm PST on November 11, 2021. The EUR slightly depreciates against the PKR when compared with the buying and selling of Rs199.2 and Rs201.19 on November 10, 2021. The exchange rate is based … Read more
KARACHI: The National Clearing Company of Pakistan Limited (NCCPL) on Thursday announced it will collect capital gains tax (CGT) on the disposal of shares for September 2021 on Friday, November 19, 2021. “The aggregate amount of CGT arising on disposal of shares at [the] Pakistan Stock Exchange for the period September 1, 2021 to September … Read more
Pakistan will aim for a spot in the final of the ICC T20 World Cup 2021 as they will take on the mighty Australia team in the second semi-final at Dubai International cricket stadium today. The Men-In-Green, who had last played the T20 World Cup final in 2009 and won it, have an upper hand … Read more
Mexico City has set a world record for free Wi-Fi access thanks to thousands of public internet access points across the capital, Guinness World Records announced Wednesday. Official adjudicator Carlos Tapia presented the award for the most hotspots — 21,500 — in a single free urban Wi-Fi network to Mexico City Mayor Claudia Sheinbaum. The … Read more
LAHORE: In a major development following an agreement between the government and Tehreek-e-Labbaik Pakistan (TLP), the Punjab government on Thursday removed the names of TLP Chief Saad Rizvi and 577 other activists from the Fourth Schedule of the Anti-Terrorism Act (ATC). An order, issued by the Punjab Home Department, stated that Rizvi was enlisted on … Read more
ISLAM QALA, Afghanistan: Iran is sending tens of thousands of Afghan migrants back to Taliban-ruled Afghanistan every week despite the threat of famine, aid agencies and witnesses say, with many Afghans alleging they have been mistreated by Iranian authorities. During decades of conflict, millions of Afghans have crossed into their western neighbour seeking to escape … Read more
LAHORE: Hina Parvez Butt is a close aide of PML-N leader Maryam Nawaz and a lawmaker in the Punjab Assembly. Here she talks to Bol News about Punjab’s political situation, PML-N’s internal dynamics as well as the PTI government’s performance in the province. Who will be the next prime minister of Pakistan? Mian Muhammad Nawaz … Read more
KARACHI: The collection of motor vehicle tax has increased sharply by 34 per cent during the first quarter (July-September) of the current fiscal year, owing to a massive rise in the sales of domestically-manufactured motor cars. The collection of motor vehicles tax grew to Rs9.4 billion during the first quarter of the current fiscal year, … Read more
KARACHI: The bearer prize bonds witness a massive withdrawal of Rs332 billion during the last one year; following the government’s initiative to document the saving schemes. According to the latest statistics released by the State Bank of Pakistan (SBP) on Thursday, the investment in bearer prize bonds trimmed to Rs332 billion by September 2021, compared … Read more
KARACHI: Local car assemblers have increased auto prices by 5 per cent to 15 per cent in the last few days after reaching a consensus with various stakeholders and government bodies. The price increase was overdue since the last few months, as the price of major cost components, i.e., steel increased by 30 per cent … Read more
KARACHI: The international humanitarian organisations on Thursday acknowledged the efforts made by the Sui Southern Gas Company (SSGC) in controlling the Covid-19 pandemic, an SSGC official said. In this regard, a ceremony was organised by the Health and Nutrition Development Society (HANDS) Pakistan, United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA), in collaboration … Read more
LONDON: Britain’s economy grew 1.3 per cent in the third quarter, a far slower pace than the previous three months, as global supply constraints hit businesses hard, official data showed on Thursday. Gross domestic product growth for the July-September period compared with the output of 5.5 per cent in the second quarter, the Office for … Read more
KARACHI: The Federal Board of Revenue (FBR) will abolish tax concession available on the supply of sugar by the end of this month, official sources said on Thursday. “The concession available on the sugar sales will end on November 30, 2021,” a senior official at the Large Taxpayers Office (LTO) Karachi said. Through the Finance … Read more
RAWALPINDI: The Organisation of Islamic Cooperation’s (OIC) Special Envoy for Jammu and Kashmir, Ambassador Yousef Aldobeay and Assistant Secretary-General (Humanitarian Affairs), Ambassador Tariq Ali Bakheet visited Muzaffarabad on Thursday with a high-level delegation that included five senior diplomats from brotherly Muslim countries, including Saudi Arabia, Morocco, Sudan and the Maldives. According to a statement issued … Read more
SAN FRANCISCO: US entertainment giant Disney said Wednesday its flagship streaming service grew slower than expected in the recently ended quarter as pandemic headwinds have begun to bite. Disney+ has reached 118 million subscribers worldwide, but analysts had predicted millions more would sign up, resulting in a miss that saw the entertainment giant’s share price … Read more
National Security Advisor Dr Moeed Yusuf reiterated on Thursday that abandoning Afghanistan again by the international community would be a mistake. The NSA told a four-member US delegation, headed by Minority Staff Director Senate Foreign Relations Committee Chris Socha, that the world needed to constructively engage the Afghan Taliban to prevent a governance collapse and … Read more
GENEVA: Syria overtook Afghanistan last year as the country with the highest number of recorded casualties from landmines and explosive remnants of war, a monitoring group said Wednesday. The Landmine Monitor said Syria had registered the most victims for the first time since its annual reports began in 1999, with 2,729 people either killed or … Read more
ISLAMABAD: Minister for Planning, Development and Special Initiatives Asad Umar on Thursday said more than half of the students between the ages of 12 and 18 years had been inoculated against Covid-19. Asad Umar, who also heads the National Command and Operation Center (NCOC), said the total number of students vaccinated so far exceeded 5.5 … Read more
BEIJING: Chinese developer Evergrande met a deadline to pay overdue interest on three US-dollar bonds before their grace periods ended, a report said on Thursday, signalling it had averted another potential default and triggering a rally in the troubled firm’s shares. Evergrande shares bounced up in Hong Kong morning trade and were around 7 per cent … Read more
KARACHI: The dollar crosses the 174 level to hover at 174.10 against the rupee in the mid-session trading at the interbank foreign exchange market, dealers said on Thursday. The greenback went up Rs1.12 against the local currency. In the last four sessions, the dollar has increased by Rs4.04. The rupee recorded the all-time low of … Read more
ISLAMABAD: Seeking assistance from the international community on an emergency basis to avert the humanitarian crisis in Afghanistan, Foreign Minister Shah Mehmood Qureshi warned that the war-torn country stood at the brink of an economic collapse. “With international funding dried up, it has become difficult to pay even salaries let alone pursue development projects [in … Read more
LAHORE: Argentine Ambassador to Pakistan Leopoldo Francisco Sahores and Punjab Governor Chaudhry Mohammad Sarwar discussed bilateral relations, cooperation in agriculture, pharmaceuticals, information technology and industrial sectors, a statement said. The ambassador, who called on the Punjab governor, appreciated Pakistan’s role in establishing peace in the region and eradicating terrorism. Argentine is working closely with Pakistan … Read more
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has welcomed the launching of the SME Policy, a statement said. “The SME Policy has been in the making for many years and the process unfortunately got deferred many times,” FPCCI president Mian Nasser Hyatt Maggo said. Financing is the lifeline for the SMEs … Read more
NEW YORK: Tesla CEO Elon Musk has offloaded company shares worth $5 billion, days after setting off a Twitter poll – in which millions voted – asking whether he should sell 10 per cent of his huge stake in the electric carmaker. The zany billionaire, the world’s richest man with a net worth of around … Read more
LAHORE: At least 20 startups from Punjab will participate in the Expo 2020 Dubai, an official said. Addressing a press conference at the Directorate General Public Relations (DGPR), Minister for Higher Education and IT Raja Yassir Humayun gave a detailed briefing on the Startup Punjab portal through which potential startups have been selected for Dubai … Read more
RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman affirmed the kingdom’s commitment to enhance the stability of global energy markets in the light of the availability of safe technologies to manage and reduce carbon emissions, Arab News reported. During a phone call with British Prime Minister Boris Johnson, Crown Prince Mohammed bin Salman also discussed … Read more
KARACHI: Premium solar energy solutions by BEL are now in the historical city of Lahore, a statement said. Beacon Energy Limited inaugurated its flagship office in DHA Lahore, where now one can have a live review of the product and free consultations for the walk-in clients. “We as a team feel privileged in providing our customers … Read more
