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Text
May, the National
TRADERS SEE GOLD PRICE REGAINING $2,000/OZ LEVEL ON Gold investors expect the metal’s price to regain the $2,000 per ounce level, touched last July, as sentiment is bullish and speculative interest and technicals favour a continuation of the rally. Gold has rallied over $150 in the first two months of financial year 2021-22 (FY22), providing WHO'S RECOGNITION OF SPUTNIK V VACCINE UNDERWAY: UN UN Secretary-General Antonio Guterres said that the process of recognition by the World Health Organisation (WHO) of Russian coronavirus vaccine Sputnik V was underway, and the UN would welcome its completion. "We would very much welcome the Sputnik vaccine being recognized by the WHO. And I know that the process, the dialogueis taking place.
TIDE WATER OIL ZOOMS 20% ON STOCK SPLIT, BONUS ISSUE PLAN Shares of Tide Water Oil (India) were locked in the upper circuit of 20 per cent, hitting their 52-week high of Rs 7,196.90 on the BSE on Thursday, after the company said it will consider a stock split and bonus issue in the forthcoming board meeting to be held on June 10, 2021. Till 09:51 am, a DELHI TO ALLOW CONSTRUCTION WORK, FACTORIES; MAHARASHTRA The Delhi government on Friday decided to gradually “unlock” the city, allowing construction activity and factories to start from Monday, even as Maharashtra extended the lockdown for 15 days, saying relaxations could be made in districts with low positivity rates. Delhi’s decision came after MARKETS IN BUBBLE ZONE? TECH CHARTS SAY SENSEX TO HIT Read more about Markets in bubble zone? Tech charts say Sensex to hit 53,000 soon on Business Standard. Nifty50's stability above 15,300-mark shows a further breakout towards 15,700 and 16,000 levels, as per the weekly chart BURNOUT, DEPRESSION SOARS AMONG INDIAN HEALTHCARE WORKERS Read more about Burnout, depression soars among Indian healthcare workers in Covid crisis on Business Standard. The number of doctors for every 10,000 people in India has fallen to around nine in 2019 from 12 in 1991, according to data on World Health Organization'swebsite.
BOMBAY HIGH TRAGEDY: BARGE MASTER, OTHERS CHARGED WITH Read more about Bombay High tragedy: Barge Master, others charged with culpable homicide on Business Standard. The deceased including its employees would get a total compensation equivalent to the balance period of service upto 10 years' service combined with ex-gratia andinsurance
GLOBAL ECONOMY WILL RETURN TO PRE-COVID LEVEL BY 2022 Global growth will be led by a strong upturn in the US, where GDP is forecast to reach 6.9 per cent this year, before easing to 3.6 per cent in 2022, the OECD added. In the UK, while GDP is predicted to return to pre-pandemic levels next year, the OECD warns that increased border costs following Brexit will hit foreign trade. THE COVID-19 PANDEMIC TRAUMA HAS CHANGED ECONOMICS, MAYBE Once ideas about how to manage the economy become entrenched, it can take generations to dislodge them. Something big usually has to happen to jolt policy onto a different track. Something like Covid-19. In 2020, when the pandemic hit and economies around the world went into lockdown, policymakers effectively short-circuited the business cycle without thinking twice. CHINA'S FACTORY OUTLOOK HOLDS FIRM; MANUFACTURING PMI AT A gauge of China’s manufacturing industry was little changed in May as soaring input prices weighed on smaller factories, suggesting the economy’s recovery momentum might have peaked for now. The official manufacturing purchasing managers’ index slowed slightly to 51 inMay, the National
TRADERS SEE GOLD PRICE REGAINING $2,000/OZ LEVEL ON Gold investors expect the metal’s price to regain the $2,000 per ounce level, touched last July, as sentiment is bullish and speculative interest and technicals favour a continuation of the rally. Gold has rallied over $150 in the first two months of financial year 2021-22 (FY22), providing WHO'S RECOGNITION OF SPUTNIK V VACCINE UNDERWAY: UN UN Secretary-General Antonio Guterres said that the process of recognition by the World Health Organisation (WHO) of Russian coronavirus vaccine Sputnik V was underway, and the UN would welcome its completion. "We would very much welcome the Sputnik vaccine being recognized by the WHO. And I know that the process, the dialogueis taking place.
TIDE WATER OIL ZOOMS 20% ON STOCK SPLIT, BONUS ISSUE PLAN Shares of Tide Water Oil (India) were locked in the upper circuit of 20 per cent, hitting their 52-week high of Rs 7,196.90 on the BSE on Thursday, after the company said it will consider a stock split and bonus issue in the forthcoming board meeting to be held on June 10, 2021. Till 09:51 am, a DELHI TO ALLOW CONSTRUCTION WORK, FACTORIES; MAHARASHTRA The Delhi government on Friday decided to gradually “unlock” the city, allowing construction activity and factories to start from Monday, even as Maharashtra extended the lockdown for 15 days, saying relaxations could be made in districts with low positivity rates. Delhi’s decision came after MARKETS IN BUBBLE ZONE? TECH CHARTS SAY SENSEX TO HIT Read more about Markets in bubble zone? Tech charts say Sensex to hit 53,000 soon on Business Standard. Nifty50's stability above 15,300-mark shows a further breakout towards 15,700 and 16,000 levels, as per the weekly chart BURNOUT, DEPRESSION SOARS AMONG INDIAN HEALTHCARE WORKERS Read more about Burnout, depression soars among Indian healthcare workers in Covid crisis on Business Standard. The number of doctors for every 10,000 people in India has fallen to around nine in 2019 from 12 in 1991, according to data on World Health Organization'swebsite.
BOMBAY HIGH TRAGEDY: BARGE MASTER, OTHERS CHARGED WITH Read more about Bombay High tragedy: Barge Master, others charged with culpable homicide on Business Standard. The deceased including its employees would get a total compensation equivalent to the balance period of service upto 10 years' service combined with ex-gratia andinsurance
GLOBAL ECONOMY WILL RETURN TO PRE-COVID LEVEL BY 2022 Global growth will be led by a strong upturn in the US, where GDP is forecast to reach 6.9 per cent this year, before easing to 3.6 per cent in 2022, the OECD added. In the UK, while GDP is predicted to return to pre-pandemic levels next year, the OECD warns that increased border costs following Brexit will hit foreign trade. CORONAVIRUS LIVE: INDIA COVID CASES AT 28,808,372; GLOBAL Coronavirus live updates: India's tally of coronavirus (Covid-19) cases has reached 28,808,372, and the death toll stands at 346,784. India continues to be second-most-affected globally. The active cases in the country have been less than 200,000 for the nine successivedays.
RAJASTHAN GOVT ANNOUNCES FINANCIAL PACKAGE FOR CHILDREN 4 hours ago · The Rajasthan government on Saturday announced a financial package for the children orphaned by Covid and the women who lost their husband to the infection. Under the initiative, the children whose parents died from the disease will be given Rs 1 lakh as immediate grant, an official statement said IMA TO HOLD COUNTRY-WIDE PROTEST ON JUNE 18 AGAINST 4 hours ago · The Indian Medical Association will hold a protest on June 18 against assault on doctors, with the slogan of save the saviors'. In a statement, the apex medical body asked all its state and local branches across the country to observe the protest bywearing
SC ASKS STATES, UTS TO IMPLEMENT 'ONE NATION, ONE RATION 19 hours ago · Read more about SC asks states, UTs to implement 'one nation, one ration card' scheme on Business Standard. The court posed queries to the Centre as to how the benefit of free food grain till November this year under the 'PM Garib Kalyan Yojna' would reach to CAPITAL GOODS STOCKS EDGE LOWER 1 day ago · Capital Goods stocks were trading in red, with the S&P BSE Capital Goods index decreasing 174.23 points or 0.76% at 22895.07 at 13:50 IST. Among the components of the S&P BSE Capital Goods index, Adani Green Energy Ltd (down 1.95%), Carborundum Universal Ltd BURNOUT, DEPRESSION SOARS AMONG INDIAN HEALTHCARE WORKERS Read more about Burnout, depression soars among Indian healthcare workers in Covid crisis on Business Standard. The number of doctors for every 10,000 people in India has fallen to around nine in 2019 from 12 in 1991, according to data on World Health Organization'swebsite.
SHAKY MOMENTS FOR YEDIYURAPPA 22 hours ago · Read more about Shaky moments for Yediyurappa on Business Standard. No one in the party disagrees that of all BJP leaders, it is only Mr Yediyurappa who has a presence all over the state. But there are critics aplenty WITH COVID SITUATION IMPROVING, MAMATA EASES CERTAIN Read more about With Covid situation improving, Mamata eases certain restrictions in Bengal on Business Standard. West Bengal CM Mamata Banerjee said as the number of active Covid-19 cases had come down in the state, her government had allowed opening of retail shops, including bookstalls, from noon to 3 pm JAPAN STOCKS END SOFTER 1 day ago · Read more about Japan Stocks end softer on Business Standard. At closing bell, the 225-issue Nikkei Stock Average fell 9.83 points, or 0.03%, to 28,948.73. The broader Topix index of all First Section issues on the Tokyo Stock Exchange declined 2.71 points, or 0.14%, to 1,954.02. By continuing to use this site you consent to the use of cookies on your device as described in our Cookie Policy unless you have disabled them. You can change your Cookie Settings at any time but parts of our site will not function correctly without them.* Home
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CORONAVIRUS: DEATH TOLL MOUNTS TO 1,367 IN CHINA, JAPAN SEES FIRSTCASUALTY
Business Standard
PAK ARMY CHIEF GENERAL BAJWA GETS ANOTHER EXTENSION, TO STAY TILL NOV2022
THE NOTIFICATION WAS ISSUED ON JANUARY 28 AFTER THE COUNTRY'S PARLIAMENT PASSED A LAW TO SETTLE THE ISSUE OF THE EXTENSION OF ARMYCHIEF'S TENURE
Press Trust of India | Islamabad Last Updated at February 13, 2020 23:29 IST AddThis Sharing Buttons Share to FacebookFacebook9Share to TwitterTwitterShare to LinkedInLinkedInShare to TelegramTelegramShare to MoreAddThisEMAIL THIS ARTICLE
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File Photo: Qamar Javed Bajwa*
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PAK GOVT FILES REVIEW PLEA AGAINST COURT VERDICT IN BAJWA EXTENSIONCASE
PAKISTAN'S SENATE PASSES BILLS TO EXTEND GEN BAJWA'S TENURE FOR 3 MOREYRS
PAK FORMS 3-MEMBER PANEL TO DRAFT LAW ON ARMY CHIEF'S REAPPOINTMENT:REPORT
PAKISTAN SC OVERRULES GOVT'S DECISION TO GIVE TENURE EXTENSION TO GENBAJWA
'SOFT COUP' WARNING AS PAK'S ARMY CHIEF MEETS BUSINESS LEADERS ONECONOMY
*
General Qamar Javed Bajwa will remain as the Pakistan Army chief until November 28, 2022, according to a notification by the Ministry of Defence. The notification was issued on January 28 after the country's Parliament passed a law to settle the issue of the extension of armychief's tenure.
It said that the new tenure of army chief will be for an additional tenure of three years, effective from November 29, 2019 to November28, 2022.
Bajwa, a close confidant of Khan, was to retire on November 29 last year at the end of his three-year original term but Prime Minister Imran Khan gave the 59-year-old Army chief another extension of same length citing regional security situation through a notification onAugust 19.
However, the Supreme Court on November 28 suspended the government order, observing that there is no law to give extension to the Army chief's tenure. But the apex court granted a six-month extension to Gen Bajwa after being assured by the government that Parliament will pass a legislation on the extension/reappointment of an army chiefwithin six months.
The government after initial hesitation secured the support of the main Opposition parties and introduced three bills in the National Assembly to extend the retirement age from 60 to 64 years for the chiefs of army, navy and air force, and the chairman of the joint chief of staff committee. Bajwa, a close confidant of Khan, was to retire on November 29 last year at the end of his three-year original term but Prime Minister Imran Khan gave the 59-year-old Army chief another extension of same length citing regional security situation through a notification onAugust 19.
However, the Supreme Court on November 28 suspended the government order, observing that there is no law to give extension to the Army chief's tenure. But the apex court granted a six-month extension to Gen Bajwa after being assured by the government that Parliament will pass a legislation on the extension/reappointment of an army chiefwithin six months.
Later the government and the Opposition joined hands to amend the Army Act of 1952 to appoint and re-appoint an army chief and also extendhis services.
READ OUR FULL COVERAGE ON PAK ARMY CHIEF QAMAR JAVED BAJWA First Published: Thu, February 13 2020. 23:12 IST* Read More On
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