News Archives for Print - 2022-01-12

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Print - 2022-01-12

HBL-PSL 2022: Online sale of tickets begins

LAHORE: The sale of tickets for the HBL-Pakistan Super League (PSL)-2022 has been started on Tuesday while the...

Published 12 Jan, 2022 04:25am

GSV to ‘revolutionize’ football in Pakistan

KARACHI: Global Soccer Ventures (GSV) has enlisted star-studded glitz and glamour in full throttle to revolutionize...

Published 12 Jan, 2022 04:25am

Money & Banking

Facing questions on trades, Fed vice chair to leave early

NEW YORK: Federal Reserve Vice Chair Richard Clarida announced Monday he will exit the US central bank early...

Published 12 Jan, 2022 04:25am

Over 50pc of Europeans on track to contract Omicron: WHO

COPENHAGEN: More than half of people in Europe are on track to contract the Omicron coronavirus variant in the next...

Published 12 Jan, 2022 04:25am

Rio Tinto buys 4 electric trains

BENGALURU: Rio Tinto Ltd will buy four battery electric trains to transport iron ore from its mines to ports in the...

Published 12 Jan, 2022 04:25am

President, PM, others running ‘illegal’ cos abroad: Khaqan

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) senior vice president and former premier Shahid Khaqan Abbasi on...

Published 12 Jan, 2022 04:25am

PAF undertakes 13 sorties to deliver relief goods in Balochistan

ISLAMABAD: Pakistan Air Force (PAF) aircraft has undertaken 13 sorties for provision of relief goods in...

Published 12 Jan, 2022 04:25am

PAC members may decide to file reference against NAB chief

ISLAMABAD: Members of Public Accounts Committee (PAC) may take a decision in Thursday’s meeting to file a ...

Published 12 Jan, 2022 04:25am

Govt extends ban on entry in Murree for six days

MURREE: Days after 23 people lost their lives in Murree when their cars became stuck on snow-covered roads, the...

Updated 12 Jan, 2022 11:27am

Zardari granted bail in US properties case

ISLAMABAD: The Accountability Court, on Tuesday, granted bail to Pakistan Peoples Party (PPP) co-chairman and former...

Published 12 Jan, 2022 04:25am

Commanders review security situation

ISLAMABAD: The top military brass on Tuesday took a comprehensive review of the security situation with a particular...

Published 12 Jan, 2022 04:25am

Zardari terms PTI govt ‘bunch of incompetent people’

ISLAMABAD: Former president and Pakistan Peoples Party (PPP) Co-chairman Asif Ali Zardari on Tuesday said he did not...

Published 12 Jan, 2022 04:25am

JI says ‘Karachi sit-in’ to continue

KARACHI: Jamaat-e-Islami (JI) Karachi chapter’s sit-in against the Sindh government entered into the 12th day on...

Published 12 Jan, 2022 04:25am

Sindh CM steps up criticism of PTI govt

ISLAMABAD: Sindh Chief Minister Syed Murad Ali Shah on Tuesday said the Pakistan Tehrik-e-Insaf (PTI)-led government...

Published 12 Jan, 2022 04:25am

100m Covid-19 jabs: NCOC says another milestone achieved

ISLAMABAD: Pakistan has completed 100 million Covid-19 vaccination jabs to the people since the start of corona...

Published 12 Jan, 2022 04:25am

Cold, dry weather predicted for Balochistan

QUETTA: The Met office Tuesday forecast cold and dry weather in most parts of Balochistan during next 24 hours....

Published 12 Jan, 2022 04:25am

Chinese embassy distributes flood relief package in Gwadar

KARACHI: In the first week of January, Gwadar witnessed heavy precipitation which resulted in a flood like ...

Published 12 Jan, 2022 04:25am

Missions abroad asked to utilise resources to facilitate diaspora

ISLAMABAD: Foreign Secretary Sohail Mahmood, Tuesday, asked Pakistan missions abroad to utilise all available...

Published 12 Jan, 2022 04:25am

Senate panel deliberates over ‘mini-budget’

ISLAMABAD: A meeting of the Senate Standing Committee on Finance, Revenue and Economic Affairs met on Tuesday to...

Updated 12 Jan, 2022 01:52pm

FCCI expresses concern over Murree tragedy

FAISALABAD: Atif Munir Sheikh, President Faisalabad Chamber of Commerce & Industry (FCCI) has expressed grave...

Published 12 Jan, 2022 04:25am

Tobacco, sugar-sweetened beverages: Dawood to join body to firm up suggestions on Health Hazard Tax

ISLAMABAD: The Federal Cabinet has decided to include Prime Minister Advisor on Commerce and Investment, Abdul Razak...

Published 12 Jan, 2022 04:25am

PTI’s Sialvi joins PPP

ISLAMABAD: Sahibzada Naeemuddin Sialvi, the ticket holder of ruling Pakistan Tehreek-e-Insaf (PTI) in 2018 general...

Published 12 Jan, 2022 04:25am

PD attracts Senate panel’s ire over ‘poor’ performance

ISLAMABAD: Senate Standing Committee on Power expressed its ire at the Power Division on Tuesday for altering the ...

Published 12 Jan, 2022 04:25am

‘Controversial’ LG law: MQM-P leaders brief businessmen

KARACHI: Khalid Maqbool Siddiqui, Convener MQM-Pakistan, briefed business community about background of the changes...

Published 12 Jan, 2022 04:25am

40 new cases of Omicron detected: Sindh reports nine more Covid-19 deaths

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that the infection rate of COVID-19 and Omicron variants...

Published 12 Jan, 2022 04:25am

Border fencing issue being addressed: Taliban

KARACHI: The Taliban’s Representative in Islamabad Sardar Ahmed Khan Shakeeb addressed a Webinar organized by...

Published 12 Jan, 2022 04:25am

Digital library membership: Silkbank, British Council join hands

KARACHI: Silkbank Limited, with its substantial market share in the credit cards segment, has partnered with the...

Published 12 Jan, 2022 04:25am

Fixed broadband: Govt has yet to cash in on $6bn investment opportunity: Tabadlab

ISLAMABAD: Pakistan’s fixed broadband network is grossly inadequate in servicing the rising internet demands of ...

Published 12 Jan, 2022 04:25am

Resolve to amalgamate ASL into FSL expressed

KARACHI: The board of directors of Askari Bank Limited (AKBL), Askari Securities Limited (ASL) and Foundation...

Published 12 Jan, 2022 04:25am

Wearing face masks made compulsory in Karachi

KARACHI: The Sindh Health Department on Tuesday decided to make wearing face masks compulsory for all citizens in...

Updated 12 Jan, 2022 11:48am

CM examines feasibility of tram project in Lahore

LAHORE: Chief Minister Punjab Sardar Usman Buzdar chaired a meeting at his office on Tuesday, to review the...

Published 12 Jan, 2022 04:25am

Senate informed: Services of 819 PIA employees terminated

ISLAMABAD: A total of 819 PIA (Pakistan International Airlines) employees have been dismissed from service on the...

Published 12 Jan, 2022 04:25am

Middle East

UN voices ‘concern’ over key Yemen port after military claim

DUBAI: The UN mission in Yemen’s rebel-held port of Hodeida expressed “great concern” on Tuesday over claims ...

Published 12 Jan, 2022 04:25am

USA

Humanitarian aid to Afghanistan: Biden administration to give additional $308m

WASHINGTON: The Biden administration plans to donate an extra $308 million in humanitarian aid to Afghanistan,...

Published 12 Jan, 2022 04:25am

CPJ announces new president

NEW YORK: CPJ’s Board of Directors has named veteran press freedom advocate Jodie Ginsberg to be the next leader ...

Published 12 Jan, 2022 04:25am

USA

Powell to target inflation at confirmation, face trading scrutiny

WASHINGTON: Federal Reserve Chair Jerome Powell will highlight the central bank’s efforts to fight inflation and...

Published 12 Jan, 2022 04:25am

South Asia

India considers easing curbs on some Chinese investments

NEW DELHI: India is considering easing curbs on some Chinese investments, Bloomberg News reported on Tuesday, citing...

Published 12 Jan, 2022 04:25am

Middle East

UAE threatens jail for mocking anti-Covid measures

DUBAI: The United Arab Emirates has threatened to jail people who make fun of its anti-Covid measures after mocking...

Published 12 Jan, 2022 04:25am

Companies

Tesla sold a record 70,847 China-made vehicles in Dec

BEIJING: US electric vehicle maker Tesla Inc sold 70,847 China-made vehicles in December, the highest monthly rate...

Published 12 Jan, 2022 04:25am

Europe

Anti-Kremlin writer Shenderovich flees Russia

MOSCOW: A prominent Russian satirist who was branded a “foreign agent” by authorities announced Tuesday that he...

Published 12 Jan, 2022 04:25am

Chinese cities tighten Covid-19 curbs as Tianjin battles Omicron outbreak

BEIJING: Cities across China are imposing tougher restrictions to try to control new outbreaks of COVID-19, with...

Published 12 Jan, 2022 04:25am

Growth of startup ecosystem: Govt plans feasibility study for JISF

ISLAMABAD: The Ministry of Information Technology and Telecommunication has invited firms to conduct feasibility...

Published 12 Jan, 2022 04:25am

‘The Future Summit’ Nutshell Group & Martin Dow Group to co-host 5th edition

KARACHI: Nutshell Group is hosting the 5th edition of Pakistan’s largest corporate event ‘The Future Summit’ ...

Published 12 Jan, 2022 04:25am

Interim bail allowed to Bashir Memon

LAHORE: A sessions’ court on Tuesday allowed interim bail to former director general Federal Investigating...

Published 12 Jan, 2022 04:25am

Migration: Importance of safe, affordable and legal pathways underlined

ISLAMABAD: Foreign Secretary Sohail Mahmood on Tuesday underscored the importance of adopting safe, affordable, and...

Published 12 Jan, 2022 04:25am

IHC dismisses plea seeking disqualification of prime minister

ISLAMABAD: The Islamabad High Court (IHC) dismissed a petition seeking disqualification of Prime Minister Imran ...

Updated 12 Jan, 2022 04:10pm

Lahore weather: PIA advises passengers to confirm flights’ schedule

ISLAMABAD: A spokesman of PIA on Tuesday said the flight schedule of the national flag carrier had been affected due...

Published 12 Jan, 2022 04:25am

Sindh govt to set up ‘Sindh Civil Servant Academy’

KARACHI: Sindh government plans to set up Sindh Civil Servant Academy to train the officers and conduct necessary...

Published 12 Jan, 2022 04:25am

Murree incident: UBG lauds army’s role in rescue work

KARACHI: The UBG leaders and members have lauded the rescue work carried out by the Pak army at Murree saving lot of...

Published 12 Jan, 2022 04:25am

The Weather

KARACHI: The weather report on Tuesday (January 11, 2022) and the forecast for Wednesday (January 12, 2022)....

Published 12 Jan, 2022 04:25am

Rates

PSX volatile amid Covid-19 concerns

KARACHI: Pakistan Stock Exchange on Tuesday remained volatile due to investors concern over increasing coronavirus...

Published 12 Jan, 2022 04:25am

Qureshi concludes two-day official visit to Romania

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi undertook an official visit to Romania from 9-10 January 2022, on...

Published 12 Jan, 2022 04:25am

PARTLY FACETIOUS: Fake news and genuine news

“I was saddened that members of the media, my fraternity, were spreading inaccurate information about Governor...

Published 12 Jan, 2022 04:25am

On geoeconomics

This article examines the idea of geoeconomics, its offensive deployment against Pakistan, and how a defensive...

Published 12 Jan, 2022 04:25am

Profundity of productivity

Productivity isn’t everything, but in the long run it is almost everything. A country’s ability to improve its...

Published 12 Jan, 2022 04:25am

Smart guns finally arriving in US, seeking to shake up firearms market

Personalized smart guns, which can be fired only by verified users, may finally become available to US consumers...

Published 12 Jan, 2022 04:25am

Letters

Don’t scare the investor away, please—II

EPZA also had mobilised investment by promising the same to investors. If whole or part of this concession is...

Published 12 Jan, 2022 04:25am

Rates

Activities of Karachi Port

KARACHI: The Karachi Port Trust handled 132,229 tons of cargo comprising 102,000 tonnes of import cargo and 30,229...

Published 12 Jan, 2022 04:25am

Stocks

TSX falls ahead of Powell’s testimony

TORONTO: Canada’s main stock index fell on Tuesday as losses in healthcare stocks outweighed gains in energy, ...

Published 12 Jan, 2022 04:25am

Stocks

Tokyo stocks end lower following Wall Street

TOKYO: Tokyo stocks closed lower on Tuesday after Wall Street shares ended mostly down on worries over a possible...

Published 12 Jan, 2022 04:25am

Stocks

HK shares close unchanged

HONG KONG: Hong Kong shares closed flat on Tuesday with gains in Wuxi Biologics and Tencent offset by losses in...

Published 12 Jan, 2022 04:25am

Stocks

Indian shares gain

BENGALURU: Indian shares ended higher for a third straight session on Tuesday, with sharp gains in IT stocks...

Published 12 Jan, 2022 04:25am

Stocks

European stocks recover as tech snaps seven-day rout

LONDON: Investors venturing back into tech shares along with upbeat expectations for the fourth-quarter earnings...

Published 12 Jan, 2022 04:25am

Stocks

Gulf bourses close mixed ahead of Powell testimony

DUBAI: Stock markets in the Gulf ended mixed on Tuesday, as investors awaited US Federal Reserve Chair Jerome...

Published 12 Jan, 2022 04:25am

Stocks

Wall Street down ahead of Powell testimony

NEW YORK: US stock indexes fell on Tuesday ahead of Federal Reserve Chair Jerome Powell’s testimony that may offer...

Published 12 Jan, 2022 04:25am

Stocks

UK stocks edge higher

LONDON: London’s blue-chip index rose on Tuesday, as global equities paused after a recent sell-off on concerns...

Published 12 Jan, 2022 04:25am

Rates

LME official prices

LONDON: The following were Monday official prices. ========================================= ALUMINIUM...

Published 12 Jan, 2022 04:25am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (January 11, 2022)...

Published 12 Jan, 2022 04:25am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Tuesday (January 11, 2022). ======================================= Offset...

Published 12 Jan, 2022 04:25am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (January 11, 2022)....

Published 12 Jan, 2022 04:25am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (January 11, 2022)....

Published 12 Jan, 2022 04:25am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Tuesday (January 11, 2022)....

Published 12 Jan, 2022 04:25am

Rates

Cross Transactions between Client to Client & Financial Institutions

KARACHI: The following were the cross transactions between client to client & financial institutions here on...

Published 12 Jan, 2022 04:25am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Tuesday (January 11, 2022)....

Published 12 Jan, 2022 04:25am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on ...

Published 12 Jan, 2022 04:25am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (January 11, 2022). ==================================== BR...

Published 12 Jan, 2022 04:25am

Stocks

Electronic/credit of dividend warrants/bonus/right share certificates

KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates....

Published 12 Jan, 2022 04:25am

Rates

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....

Published 12 Jan, 2022 04:25am

Rates

Dividend/Bonus Announcements

KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange....

Published 12 Jan, 2022 04:25am

Stocks

Last date of renunciation/payment

KARACHI: Last dates of renunciation/payment....

Published 12 Jan, 2022 04:25am

Rates

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....

Published 12 Jan, 2022 04:25am

Rates

Clearing Schedule for T+2 System

KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System....

Published 12 Jan, 2022 04:25am

Stocks

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 12 Jan, 2022 04:25am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Tuesday (January 11, 2022). ======================== Offer Price...

Published 12 Jan, 2022 04:25am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Tuesday (January 11, 2022). ======================== Offer Price...

Published 12 Jan, 2022 04:25am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Tuesday (January 11, 2022). ======================== Offer Price...

Published 12 Jan, 2022 04:25am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Tuesday (January 11, 2022). ======================== Offer Price 1,463.6191...

Published 12 Jan, 2022 04:25am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Tuesday (January 11, 2022). ======================== Offer Price...

Published 12 Jan, 2022 04:25am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Tuesday (January 11, 2022). ======================== Offer Price...

Published 12 Jan, 2022 04:25am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Tuesday (January 11, 2022). ======================== Offer Price...

Published 12 Jan, 2022 04:25am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Tuesday (January 11, 2022). ======================== Offer Price...

Published 12 Jan, 2022 04:25am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Tuesday (January 11, 2022). ======================== Offer Price...

Published 12 Jan, 2022 04:25am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Tuesday (January 11, 2022). ========================== KIBOR...

Published 12 Jan, 2022 04:25am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Tuesday (January 11, 2022)....

Published 12 Jan, 2022 04:25am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 12 Jan, 2022 04:25am

Forex

Previous Day

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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