News stories for Khalid Abbas Saif

Khalid Abbas Saif

Pakistan

FCCI chief advises young students to start businesses

Faisalabad is full of successful business entrepreneurs who are not only contributing their productive role for the national economy but are also bringing laurels for the country because of their quality and innovative products, said Rana Sikandar-e-Azam

Published 22 Dec, 2019 12:00am

Pakistan

Draft of Local Bodies Bill: Punjab governor for removing anomalies

Session of Punjab Assembly will be convened very soon to rectify the anomalies in the draft of Local Bodies (LB) Bill so that these institutions could start working at grass root level for the mitigation of people's problems, said Governor Punjab Chaudhry

Published 18 Dec, 2019 12:00am

'Economy is finally on right track now'

The economy is "finally on the right track now" and its results are also surfacing with a positive note, said Federal Parliamentary Secretary for Pakistan Railways Farrukh Habib. He was addressing a reception dinner hosted in his honour by All Pakistan Be

Published 17 Dec, 2019 12:00am

Technology

PTCL & Taiwan IT giant to launch safe city project in Faisalabad

A community based safe city project will be launched in Faisalabad in collaboration with Pakistan Telecommunication Company Limited and a Taiwan IT giant. Umar Farooq Advisor to Chief Minister Punjab on sports and youth affair visited Faisalabad Chamber o

Published 11 Dec, 2019 12:00am

Pakistan

Iranian envoy tells FCCI: Trade volume of around $6.25bn exists with Pakistan despite pressures

The volume of bilateral trade between Pakistan and Iran is around US$6.25 billion despite of pressures and threats, disclosed Iranian Consul General Lahore Mohammad Reza Nazeri

Published 06 Dec, 2019 12:00am

APTPMA chief voices concern over stuck up ST refunds

A huge amount of sales tax refunds of textile industry have been stuck due to complicated refund system, the Chairman All Pakistan Textile Processing Mills Association (APTPMA), Muhammad Pervez Lala said.

Published 30 Nov, 2019 12:00am

Pakistan

'Climate changes playing havoc with lives of people'

Projected temperature will rise around two degrees centigrade at the end of this century, due to climate changes playing havoc with lives of the people, agriculture wild life, livestock, water resources and other areas. Whereas, in the last century temper

Published 29 Nov, 2019 12:00am

Pakistan

Faisalabad Literary Festival concludes

The 6th Faisalabad Literary Festival held at Nusrat Fateh Ali Khan Auditorium Art Council has been concluded, which was an amalgamation of artists under one roof. People from all walks of life attended the event that included the participation of famous p

Published 26 Nov, 2019 12:00am

Business & Finance

Pakistan, Russia: 'Reliable, mutually acceptable banking system imperative'

A reliable and mutually acceptable banking system is imperative to enhance bilateral trade between Pakistan and Russia, said Yury M. Kozlov Trade Representative of the Russian Federation.

Published 21 Nov, 2019 12:00am

Pakistan

UAF holds seminar on awareness about locust

Experts at a seminar called for all-out efforts to overcome swarm of locust incurring a loss of billions of rupees to agriculture sector.

Published 20 Nov, 2019 12:00am

Markets

Parthenium hazardous for humans, livestock: experts

Experts have cautioned that Parthenium, a toxic and invasive weed, can emerge as most hazardous for human and livestock as it causes allergy, asthma and other disease and put a huge impact on the quality of livestock milk and meat.

Published 12 Nov, 2019 12:00am

Pakistan

Punjab government takes steps to control unjustified price hike: minister

Punjab Minister for Excise & Taxation Hafiz Mumtaz Ahmad has said the Punjab Govt. had taken concrete steps to control the unjustified price hike of essential commodities in the Province.

Published 06 Nov, 2019 12:00am

Authorized banks: SBP must consider reallocation/upward revision of sanction limits: PHMA

"To facilitate the exporters in respect to their increasing need of export refinancing, it is imperative that the State Bank of Pakistan should consider reallocation/upward revision of sanction limits to the authorized Banks."

Published 05 Nov, 2019 12:00am

Textile export sector: 'Rs 189 billion refund claims erode financial viability'

Pending refund claims of Rs 189 billion have eroded the financial viability of textile export sector which is tantamount to butcher the only available "Golden Egg Laying Hen" in addition to expected unemployment which will trigger a new wave of lawlessnes

Published 04 Nov, 2019 12:00am

Kashmir 'Black Day' observed across Faisalabad

Kashmir Black Day was observed across the Faisalabad Division to express solidarity with the people of Indian occupied Jammu and Kashmir and to condemn the illegal occupation of the territory by India on October 27, 1947.

Published 28 Oct, 2019 12:00am

Riba-free banking: need stressed for redressal of people's reservations

After 18 years of long struggle, the share of 'Riba free Islamic banking' as compared to traditional banks is only 14 percent which is a matter of concern for a country having Muslims population of 97 percent.

Updated 26 Oct, 2019 07:46am

Pakistan

Better work programme to help improve Pakistan's compliance: ILO official

The Country Director International Labour Organization (ILO) Ingrid Christensen has said that the Better Work Programme (BWP) will help improve Pakistan's compliance and exhibit its commitment to improve labour welfare. Enlightening the core aspects of Be

Published 25 Oct, 2019 12:00am

UAF evolves strategy to provide certified seed

The University of Agriculture, Faisalabad (UAF) has devised a strategy to provide certified seed of various crops to farming community in order to maximize volume of crops productivity.

Published 24 Oct, 2019 12:00am

Pakistan

'Government making all-out efforts to revive economy'

Government is making all-out efforts to revive national economy on sustainable basis, said Pakistan Institute of Trade And Development (PITAD) deputy director Fawad Hassan.

Published 22 Oct, 2019 12:00am

Pakistan

Government aware of business community's issues, says Razak

Government is fully aware of the problems confronted by the business community and sustainable solutions are being worked out to resolve the same, said Adviser to Prime Minister for Commerce, Textile, Industry Production, and Investment Abdul Razak Dawood

Published 19 Oct, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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