News Archives for Pakistan - 2022-07-14 - Business Recorder

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Oct 10, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Pakistan - 2022-07-14

Lt Col Laiq Baig martyred, two terrorists killed in Balochistan: ISPR

Lt Col Laiq Baig martyred, two terrorists killed in Balochistan: ISPR

Security forces remain resolute to thwart such cowardly attempts at sabotaging the peace, stability, and progress of Balochistan, the military's media wing says

Published 14 Jul, 2022 11:40pm

PM Shehbaz announces cut in petrol price by Rs18.5 per litre

PM Shehbaz announces cut in petrol price by Rs18.5 per litre

Price of diesel slashed by Rs40.54

Updated 14 Jul, 2022 11:05pm

I will seek federal cabinet's permission to arrest Imran Khan: Rana Sanaullah

I will seek federal cabinet's permission to arrest Imran Khan: Rana Sanaullah

Interior Minister says govt considering filing reference against PTI leaders in light of Supreme Court's verdict

Updated 14 Jul, 2022 09:29pm

PML-N cannot win Punjab by-polls even with 'umpires' help: Imran Khan

PML-N cannot win Punjab by-polls even with 'umpires' help: Imran Khan

Former premier says threat letter an insult to the entire nation, not just Imran Khan

Published 14 Jul, 2022 07:15pm

Shehryar Afridi removed as chairman of Parliamentary Special Committee on Kashmir

Shehryar Afridi removed as chairman of Parliamentary Special Committee on Kashmir

Sixteen lawmakers voted in support of the no-confidence motion against Afridi

Published 14 Jul, 2022 05:46pm

Government to slash petrol prices today: Miftah Ismail

Government to slash petrol prices today: Miftah Ismail

Finance minister says public has stood with the government during difficult times and bore the burden of inflation and now we want to provide relief

Updated 14 Jul, 2022 07:32pm

Pakistan ready for revolution through elections or Sri Lankan model: Fawad

Pakistan ready for revolution through elections or Sri Lankan model: Fawad

Urges judges to let political decisions be taken on political battlefields

Updated 14 Jul, 2022 05:15pm

‘Landmark judgement’: law minister hails SC verdict on Deputy Speaker Qasim Suri’s ruling

‘Landmark judgement’: law minister hails SC verdict on Deputy Speaker Qasim Suri’s ruling

Azam Nazeer Tarar says actions of deputy speaker, Imran Khan and President Arif Alvi infringed fundamental rights of opposition parties and the public

Updated 14 Jul, 2022 06:57pm

Stage set to bring Pakistan out of economic difficulty, says PM Shehbaz after IMF nod

Business & Economy

Stage set to bring Pakistan out of economic difficulty, says PM Shehbaz after IMF nod

Congratulates finance and foreign office teams 'for efforts in getting the IMF program revived'

Updated 14 Jul, 2022 07:14pm

IMF announces staff-level agreement with Pakistan

Business & Economy

IMF announces staff-level agreement with Pakistan

Subject to Board approval, about $1.177bn will become available
IMF says Pakistan plans to undertake comprehensive review of anti-corruption institutions (including the National Accountability Bureau) to enhance effectiveness in investigating and prosecuting corruption cases

Updated 14 Jul, 2022 10:13am

CM praises officials for ‘good performance’ during Eid cleanliness drive

CM praises officials for ‘good performance’ during Eid cleanliness drive

LAHORE: Appreciating the administration and the staff members for making excellent cleanliness arrangements on the...

Published 14 Jul, 2022 05:00am

FIA summons Aamir Liaquat’s widow Dania Shah

FIA summons Aamir Liaquat’s widow Dania Shah

KARACHI: The Federal Investigation Agency (FIA) on Wednesday sent a summons letter to Aamir Liaquat’s widow Dania...

Published 14 Jul, 2022 05:00am

LB polls in Hyderabad division: Arrangements reviewed to hold second phase on 24th

LB polls in Hyderabad division: Arrangements reviewed to hold second phase on 24th

HYDERABAD: Divisional Commissioner Hyderabad Nadeem-ur-Rehman Memon during a meeting reviewed arrangements for...

Published 14 Jul, 2022 05:00am

SAU to launch project for planting oil palms in coastal areas

SAU to launch project for planting oil palms in coastal areas

HYDERABAD: Sindh Agriculture University will launch a project to plant oil palms in coastal districts to meet the...

Published 14 Jul, 2022 05:00am

Met Office alerts officials to possibility of flooding in Sindh

Met Office alerts officials to possibility of flooding in Sindh

KARACHI: The Met Office on Wednesday alerted the concerned authorities to flash and urban flooding in Sindh during...

Published 14 Jul, 2022 05:00am

Karachi rains: COAS assesses impact of urban flooding

Karachi rains: COAS assesses impact of urban flooding

KARACHI: Chief of Army Staff (COAS) General Qamar Javed Bajwa reached Karachi directly from the Kingdom of Saudi...

Published 14 Jul, 2022 05:00am

Hefty funds allocated to improve law, order situation, says Balochistan CM

Hefty funds allocated to improve law, order situation, says Balochistan CM

QUETTA: Balochistan Chief Minister Mir Abdul Quddus Bizenjo on Wednesday said that the provincial government has...

Published 14 Jul, 2022 05:00am

BMG chief calls for relief package: Business community decries damages caused by rains to Karachi’s infrastructure

BMG chief calls for relief package: Business community decries damages caused by rains to Karachi’s infrastructure

KARACHI: Leaders of the business community of Karachi, including Businessmen Group (BMG) Chairman Zubair Motiwala ...

Published 14 Jul, 2022 05:00am

‘13 NAB officers transferred’

‘13 NAB officers transferred’

ISLAMABAD: The National Accountability Bureau (NAB) Chairperson Zahir Shah on Wednesday approved the transfer of 13...

Published 14 Jul, 2022 05:00am

Imran’s allegations of rigging in by-elections a confession of defeat: Marriyum

Imran’s allegations of rigging in by-elections a confession of defeat: Marriyum

ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb said on Wednesday that PTI leadership’s...

Published 14 Jul, 2022 05:00am

Wealth of Pakistanis mostly reflected in residential buildings: WB

Wealth of Pakistanis mostly reflected in residential buildings: WB

ISLAMABAD: Pakistani households accumulate significant net worth but overwhelmingly in the form of residential...

Published 14 Jul, 2022 05:00am

Water inflow on the rise in Indus at Guddu barrage

Water inflow on the rise in Indus at Guddu barrage

KASHMORE: The water level in Indus River has been on the rise at Guddu Barrage, officials said on Wednesday. “In...

Published 14 Jul, 2022 05:00am

Pak Army, FC South distribute relief goods among flood affectees

Pak Army, FC South distribute relief goods among flood affectees

TANK: Pakistan Army and Frontier Corps (FC) South on Wednesday distributed relief goods among victims of flash ...

Published 14 Jul, 2022 05:00am

Post-Hajj operations of PIA to begin today

Post-Hajj operations of PIA to begin today

KARACHI: PIA post-Hajj operation of bringing back Hujjaj from Saudi Arabia will be commenced from July 14, 2022....

Published 14 Jul, 2022 05:00am

PARC develops six bean varieties to enhance pulses’ production

PARC develops six bean varieties to enhance pulses’ production

ISLAMABAD: The Pakistan Agricultural Research Council (PARC) has developed six commercial varieties of beans, which...

Published 14 Jul, 2022 05:00am

KP CM expresses satisfaction over measures during rains

KP CM expresses satisfaction over measures during rains

PESHAWAR: Chief Minister Khyber Pakhtunkhwa Mahmood Khan has expressed satisfaction over the measures and relief...

Published 14 Jul, 2022 05:00am

PPP leader Ahmad Mahmood meets CM: Hamza claims his party, allies will win 20 seats in by-polls

PPP leader Ahmad Mahmood meets CM: Hamza claims his party, allies will win 20 seats in by-polls

LAHORE: Chief Minister Punjab Hamza Shahbaz said on Wednesday that Imran Niazi wants to create unrest in the country...

Published 14 Jul, 2022 05:00am

Construction of Navy Golf Course termed illegal: Army can’t undertake any activity beyond its composition: IHC

Construction of Navy Golf Course termed illegal: Army can’t undertake any activity beyond its composition: IHC

ISLAMABAD: The Islamabad High Court (IHC) has said there is no provision under the Army laws which authorises or...

Published 14 Jul, 2022 05:00am

Saudi crown prince accepts PM’s invitation to visit country

Saudi crown prince accepts PM’s invitation to visit country

ISLAMABAD: Prime Minister Shehbaz Sharif has invited the Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al ...

Published 14 Jul, 2022 05:00am

‘Work on Dhabeji SEZ to start by next month’

‘Work on Dhabeji SEZ to start by next month’

KARACHI: “The development work on Dhabeji Special Economic Zone (SEZ) will start by next month”. This was...

Published 14 Jul, 2022 05:00am

Fair elections key to democracy’s sustainability: ex-PM

Fair elections key to democracy’s sustainability: ex-PM

MULTAN: Former Prime Minister and Senator Syed Yusuf Raza Gilani said on Wednesday that democratic sustainability in...

Published 14 Jul, 2022 05:00am

NH&MP returns Rs5.83m to passengers overcharged during Eid holidays

NH&MP returns Rs5.83m to passengers overcharged during Eid holidays

ISLAMABAD: National Highways and Motorway Police (NH&MP) returned Rs5.83 million to passengers who were...

Published 14 Jul, 2022 05:00am

Japanese team arrives to attempt the Shispare peak

Japanese team arrives to attempt the Shispare peak

ISLAMABAD: A three-member Japanese team has arrived in Pakistan to attempt 7611-metre challenging Shispare peak in...

Published 14 Jul, 2022 05:00am

Educational institutions: Members of Afghan drug gang arrested

Educational institutions: Members of Afghan drug gang arrested

KARACHI: Sohrab Goth Police on Wednesday arrested two of Afghani gang involved in supplying drugs at educational...

Published 14 Jul, 2022 05:00am

One killed as five-storey building collapses in Karachi

One killed as five-storey building collapses in Karachi

KARACHI: One person was killed when a five-storey residential building collapsed in Karachi in the wee hours of...

Published 14 Jul, 2022 05:00am

55 feeders of Lesco trip due to downpour

55 feeders of Lesco trip due to downpour

LAHORE: As many as 55 feeders of Lahore Electric Supply Company (Lesco) faced tripping soon after heavy spells of...

Published 14 Jul, 2022 05:00am

The Weather

The Weather

KARACHI: The weather report on Wednesday (July 13, 2022) and the forecast for Thursday (July 14, 2022)...

Published 14 Jul, 2022 05:00am

MQM leader Babar Ghauri released

MQM leader Babar Ghauri released

KARACHI: Karachi Police on Wednesday released Muttahida Qaumi Movement (MQM) senior leader Babar Ghauri over lack of...

Published 14 Jul, 2022 05:00am

Party headquarters in Lahore: PPP workers welcome Zardari’s decision

Party headquarters in Lahore: PPP workers welcome Zardari’s decision

LAHORE: Pakistan Peoples Party (PPP) Punjab is all set to extend a warm reception to Asif Ali Zardari on his ...

Published 14 Jul, 2022 05:00am

Pakistan opposes grant of permanent membership of UNSC to India

Pakistan opposes grant of permanent membership of UNSC to India

NEW YORK: Pakistan has opposed the awarding of permanent membership of the United Nations Security Council (UNSC) to...

Published 14 Jul, 2022 05:00am

Punjab by-polls on 17th: PTI submits petition to ECP for stopping alleged rigging

Punjab by-polls on 17th: PTI submits petition to ECP for stopping alleged rigging

ISLAMABAD: In a bid to stop the alleged rigging in Punjab by-polls on July 17, the Pakistan Tehreek-e-Insaf (PTI)...

Published 14 Jul, 2022 05:00am

PTI intensifies election campaign in Lahore

PTI intensifies election campaign in Lahore

LAHORE: Just four days to go before by-elections in Punjab, the Pakistan Tehreek-e-Insaf (PTI) on Wednesday geared ...

Published 14 Jul, 2022 05:00am

Fawad, Elahi hopeful of victory in by-elections

Fawad, Elahi hopeful of victory in by-elections

LAHORE: Criticising the arrests in constituencies of by-elections, Speaker Punjab Assembly Ch Pervaiz Elahi warned...

Published 14 Jul, 2022 05:00am

Imran hopes to win by-polls despite fears of rigging

Imran hopes to win by-polls despite fears of rigging

JHANG: Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Wednesday said that they are attempting to protect the...

Published 14 Jul, 2022 05:00am

PTI mounts efforts to get defectors barred from contesting by-polls on PML-N tickets

PTI mounts efforts to get defectors barred from contesting by-polls on PML-N tickets

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) approached the Election Commission of Pakistan (ECP) on Wednesday...

Published 14 Jul, 2022 05:00am

Kashmir Martyrs’ Day: President says tactics of Indian forces will never succeed

Kashmir Martyrs’ Day: President says tactics of Indian forces will never succeed

ISLAMABAD: President Dr Arif Alvi on Wednesday said that the aggression and the cheap tactics of the Indian...

Published 14 Jul, 2022 05:00am

91st Kashmir Martyrs’ Day: Pakistan expresses solidarity with Kashmiri people

91st Kashmir Martyrs’ Day: Pakistan expresses solidarity with Kashmiri people

ISLAMABAD: The government and people of Pakistan on Wednesday solemnly observed the 91st Youm-e-Shuhada-e-Kashmir...

Published 14 Jul, 2022 05:00am

Shehbaz appoints UK-Pakistani entrepreneur as investment ambassador

Shehbaz appoints UK-Pakistani entrepreneur as investment ambassador

LONDON: Prime Minister Shehbaz Sharif has appointed British Pakistani enterpriser Zeeshaan Shah as...

Published 14 Jul, 2022 05:00am

Two tourists kidnapped from Ziarat

Two tourists kidnapped from Ziarat

ZIARAT: At least two tourists were kidnapped from Balochistan’s Ziarat district on Wednesday. Levies sources said...

Published 14 Jul, 2022 05:00am

Kashmiris observe Kashmir Martyrs Day

Kashmiris observe Kashmir Martyrs Day

MIRPUR (AJK): A large number of people paid glowing tributes to the martyrs of Jammu and Kashmir, including 22 sons...

Published 14 Jul, 2022 05:00am

Murad defends his govt’s performance during rains, takes past govts to task

Murad defends his govt’s performance during rains, takes past govts to task

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that the city received a record rain of 342.4 mm between...

Published 14 Jul, 2022 05:00am

Sindh, Balochistan to receive higher than usual rains: Sherry

Sindh, Balochistan to receive higher than usual rains: Sherry

ISLAMABAD: Federal Minister for Climate Change Senator Sherry Rehman on Wednesday said the provinces of Sindh and...

Published 14 Jul, 2022 05:00am

JI seeks probe into fire incident at Guddu power plant

JI seeks probe into fire incident at Guddu power plant

LAHORE: Chief of Jamaat-e-Islami, Sirajul Haq has demanded impartial inquiry into the fire incident at Guddu Power...

Published 14 Jul, 2022 05:00am

PTI accuses govt of using LEAs for ‘political engineering’

PTI accuses govt of using LEAs for ‘political engineering’

LAHORE: The Pakistan Tehreek-e-Insaf (PTI) on Wednesday accused the Hamza Shehbaz-led Punjab government of using law...

Published 14 Jul, 2022 05:00am

‘Severe rains expected in Karachi this week’ Showers likely in country’s upper parts by early next week

‘Severe rains expected in Karachi this week’ Showers likely in country’s upper parts by early next week

LAHORE: Monsoon showers are likely to hit upper parts of the country by early next week as downpours are expected in...

Published 14 Jul, 2022 05:00am

Chief of NAB Lahore moves IHC over harassment charges

Chief of NAB Lahore moves IHC over harassment charges

ISLAMABAD: Director General (DG) National Accountability Bureau (NAB) Lahore approached the Islamabad High Court...

Published 14 Jul, 2022 05:00am

Eid-ul-Azha: Thin attendance observed in offices after holidays

Eid-ul-Azha: Thin attendance observed in offices after holidays

ISLAMABAD: Thin attendance was observed in government and private offices of the federal capital, on the first...

Published 14 Jul, 2022 05:00am

Pak envoy briefs US senator on Afghanistan situation

Pak envoy briefs US senator on Afghanistan situation

ISLAMABAD: Pakist-an’s Ambassador to US Masood Khan called on Senator Jack Reed, Chairman of the Senate Armed...

Published 14 Jul, 2022 05:00am

PM takes notice of NJHEP fault

PM takes notice of NJHEP fault

ISLAMABAD: Prime Minister Shehbaz Sharif, while taking notice of a technical fault in Neelum-Jhelum HydroElectric...

Published 14 Jul, 2022 05:00am

Detailed judgment issued: Suri’s ruling infringed Opposition’s rights: SC

Detailed judgment issued: Suri’s ruling infringed Opposition’s rights: SC

ISLAMABAD: The Supreme Court held that the ruling of the Deputy Speaker and the subsequent actions of the prime...

Updated 14 Jul, 2022 11:12am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 10	277.82
USD PKR Interbank Buying / Oct 10	277.62
USD to Japanese Yen / Oct 10	149.16
USD to Swiss Franc / Oct 10	0.86
Pound Sterling to USD / Oct 10	1.31
Euro to USD / Oct 10	1.09

Stock	Volume
S&P 500 / Oct 10	5,792.04
India Sensex / Oct 10	81,753.61
Tokyo Nikkei / Oct 10	39,380.89
Nasdaq / Oct 10	18,291.62
Hang Seng / Oct 10	21,286.40
FTSE 100 / Oct 10	8,237.58
Dow Jones / Oct 10	42,512
Germany DAX 30 / Oct 10	19,203.44

Item	Value
Petrol/Litre / Oct 10	247.03
Crude Oil USD/Barrel / Oct 10	73.73
Karachi Cotton PKR/37.32 KG / Oct 10	17,985
Gold 10 Grams PKR / Oct 10	236,197
Gold Spot USD/Ounce / Oct 10	2,615.22
Diesel/Litre / Oct 10	246.29

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 10 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 10 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 10 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 10 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 10 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 10 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 10 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 10 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 10 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 10 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 10 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 10 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 10 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 10 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 10 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 10 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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ADB EDs assure support to structural reforms, stabilise economy

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Hubco likely to follow suit: Four IPPs ink deal to annul pacts early

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