News Archives for Print - 2022-05-29

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Print - 2022-05-29

Companies

PIA reports revenue shortfall for 2021

KARACHI: The Pakistan International Airlines (PIA) has reported a revenue shortfall for 2021 as compared to 2020,...

Published 29 May, 2022 06:48am

Industry

Goods transporters increase fares by 30pc in Sindh

KARACHI: Following the massive hike in petroleum prices, the Goods Transporters Association Sindh has increased ...

Published 29 May, 2022 06:48am

Court issues notice to NAB in reference against Hafeez Sheikh

KARACHI: Accountability Court Karachi on Saturday issued notice to the NAB prosecutor in a graft reference against...

Published 29 May, 2022 06:48am

Balochistan govt launches ‘Kissan Cards’ for sustainable food production

QUETTA: The Balochistan government has formally launched ‘Kissan Cards’ to provide maximum relief to the farmers...

Updated 29 May, 2022 09:44am

Pak/UK Season Perspective programme: British Council hosts art expo for schoolchildren

KARACHI: As part of Commonwealth Connections (CWC), the “Pakistan/UK Season 2022 Perspective” programme is a...

Updated 29 May, 2022 09:41am

Industry

Investment of $25m in PKR: IFC to invest in fashion retailer to create jobs, promote gender equality

KARACHI: The International Finance Corporation (IFC) is investing in Pakistan’s top fashion retailer to create...

Published 29 May, 2022 06:48am

Industry

SECP amends Modaraba Regulations 2021

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has allowed the modaraba...

Published 29 May, 2022 06:48am

Grains

US wheat rises as traders cover shorts ahead of holiday

CHICAGO: US wheat futures rose on Friday on a short-covering bounce as investors unwound bearish bets ahead of a...

Published 29 May, 2022 06:48am

Commodities

Malaysian palm oil drops on uncertainty

KUALA LUMPUR: Malaysian palm oil futures fell on Friday due to uncertainty over exports from top producer Indonesia,...

Published 29 May, 2022 06:48am

Energy

US natgas futures drop as output rises, demand slips

NEW YORK: US natural gas futures fell about 5% to a one-week low on Friday on rising output and forecasts for less...

Published 29 May, 2022 06:48am

Commodities

Raw sugar steadies

LONDON: Raw sugar on ICE steadied on Friday but remained vulnerable to losses after hitting two-week lows in the...

Published 29 May, 2022 06:48am

Provoking people against govt: IHC grants protective bail to Fawad, brother

ISLAMABAD: The Islamabad High Court (IHC) granted protective bail to PTI leader and former information minister ...

Published 29 May, 2022 06:32am

Energy

Increase in petroleum product prices to hit economy hard: analyst

KARACHI: With the removal of fuel price cap and subsidy by government on petroleum by raising its price by Rs 30 per...

Published 29 May, 2022 06:32am

CM Murad asks for early completion of healthcare schemes

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has directed the Works and Services Department to expedite work on...

Published 29 May, 2022 06:32am

PBC condemns police action against lawyers

ISLAMABAD: The Pakistan Bar Council (PBC) has strongly condemned the police brutality against lawyers of Lahore on...

Published 29 May, 2022 06:32am

Commandant of FC calls on interior minister

ISLAMABAD: Commandant Frontier Constabulary (FC) Salahuddin Mehsud called on Minister for Interior Minister Rana ...

Published 29 May, 2022 06:32am

Money laundering case: Indictment of PM Shehbaz, son delayed till June 4

LAHORE: A special court (Central) on Saturday delayed the indictment of Prime Minister Shehbaz Sharif and his son...

Published 29 May, 2022 06:32am

FO submits report on Dr Aafia to IHC

Report states Siddiqui has access to a telephone and complete freedom to communicate with her family members

Updated 29 May, 2022 09:18am

PM underlines need for unity to attain economic sovereignty

Premier says the country would have to move ahead with the same spirit as manifested on Youm-e-Takbir to attain self-dependence

Updated 29 May, 2022 09:15am

Youm-e-Takbir: Pakistan reiterates SRR proposal

Foreign Office says tests demonstrated Pakistan's desire to preserve strategic balance in South Asia

Updated 29 May, 2022 09:12am

Europe

Ukraine receives Harpoon missiles and howitzers, says defence minister

KYIV: Ukraine has started receiving Harpoon anti-ship missiles from Denmark and self-propelled howitzers from the...

Published 29 May, 2022 05:50am

LHC sets aside notifications for delimitations for LB polls

LAHORE: The Lahore High Court has set aside the notifications issued for delimitations made by the delimitation...

Published 29 May, 2022 05:50am

Disease experts call on WHO, governments for more action on monkeypox

GENEVA: Some prominent infectious disease experts are pushing for faster action from global health authorities to...

Published 29 May, 2022 05:50am

Europe

Spain adding missiles, troops to NATO Latvia mission

MADRID: Spain is sending a battery of surface-to-air missiles and around 100 troops to the NATO forward presence...

Published 29 May, 2022 05:50am

Europe

Moscow-led Ukrainian Orthodox Church breaks ties with Russia

KYIV: A branch of Ukraine’s Orthodox Church that remained loyal to Moscow after a 2019 schism has said it will...

Published 29 May, 2022 05:50am

Chelsea reach final agreement for sale of club to Boehly-led consortium

LONDON: Chelsea said on Saturday that a final agreement had been struck to sell the Premier League club to a...

Published 29 May, 2022 05:50am

Cardinal Angelo Sodano dies at 94

VATICAN CITY: Cardinal Angelo Sodano, a controversial Vatican power broker for more than a quarter of a century who...

Published 29 May, 2022 05:50am

Russia steps up battle for eastern Ukraine

KRAMATORSK, (Ukraine): Russia pressed its onslaught on eastern Ukraine Saturday, saying it had captured the ...

Published 29 May, 2022 05:50am

Africa

More than a dozen civilians killed in DR Congo massacre

BENI, (DR Congo): More than 12 civilians were killed by members of a notorious rebel group in eastern Democratic...

Published 29 May, 2022 05:50am

Middle East

Building collapse: Iranian police fire shots, teargas to disperse protesters

DUBAI: Iranian police used tear gas and fired shots in the air to disperse another night of protests over a deadly...

Published 29 May, 2022 05:50am

Africa

Rwanda says troops kidnapped as feud with DR Congo widens

KIGALI: Rwanda on Saturday said two of its soldiers were being held captive by rebels in the Democratic Republic of...

Published 29 May, 2022 05:50am

Middle East

Iran unveils underground drone base

TEHRAN: Iranian state television on Saturday broadcast footage of an air force base for drones under the Zagros...

Published 29 May, 2022 05:50am

The Weather

KARACHI: The weather report on Saturday (May 21, 2022) and the forecast for Sunday (May 22, 2022)....

Published 29 May, 2022 05:50am

Middle East

Iran says crew of two seized Greek tankers not detained and on board

DUBAI: Iran’s state maritime body said on Saturday the crew of two Greek tankers seized by Revolutionary Guards on...

Published 29 May, 2022 05:50am

Russian ex-president Medvedev calls for tougher ‘foreign agent’ law

MOSCOW: Former president Dmitry Medvedev on Saturday called for Russia to toughen its laws on “foreign agents”...

Published 29 May, 2022 05:50am

Europe

Fire engulfs superyacht in British marina

LONDON: Fire ripped through a superyacht in southwest England on Saturday, sending thick plumes of black smoke into...

Published 29 May, 2022 05:50am

Illegal punishment to Yasin Malik: Punjab ex-governor assures Mushaal of approaching international court

LAHORE: Slamming life imprisonment to Kashmiri leader Yasin Malik in a false case, former Governor Punjab Chaudhry...

Published 29 May, 2022 05:50am

Punjab to receive spells of light rainfall from June: PMD

LAHORE: Central Punjab would receive almost continuous spells of light rainfall from the mid of June till...

Published 29 May, 2022 05:50am

Three killed over coal mine dispute in Kohat

PESHAWAR: Three persons were killed and three got injured over a coal mine dispute at Posti Khel Dara Adam Khel area...

Published 29 May, 2022 05:50am

Hamza approves ban on holding rallies in Greater Iqbal Park

LAHORE: Punjab Chief Minister Hamza Shehbaz has approved a ban on holding rallies in the Greater Iqbal Park and said...

Published 29 May, 2022 05:50am

Monkeypox threat: Punjab govt set to provide training to hospital staff

LAHORE: The Punjab government is all set to impart training to the hospital staff in the public sector amid growing...

Published 29 May, 2022 05:50am

Youm-e-Takbir marked with zeal, fervour

LAHORE: With the theme: ‘Na Jhukay thay Na Jhuken gay’, Youm-e-Takbir, commemorating historic nuclear tests at...

Published 29 May, 2022 05:50am

Seminar held at PIIA: Future of Indian Muslims bleak, far from satisfactory: speakers

KARACHI: “The future of Indian Muslims seems to be bleak and far from the right course as the Hindu extremists are...

Published 29 May, 2022 05:50am

Govt cannot be ‘threatened’: Elections will be held in Aug 2023: Marriyum

ISLAMABAD: The Minister for Information and Broadcasting, Marriyum Aurangzeb Saturday announced that elections will...

Published 29 May, 2022 05:50am

Pakistan-India water talks tomorrow

ISLAMABAD: Delegations of Pakistan and India will meet in New Delhi on May 30 to hold talks over water disputes...

Updated 29 May, 2022 08:44am

PM ready to sign ‘charter of economy’: finance minister

KARACHI: Dr Miftah Ismail, Finance Minister, and Shaukat Tarin, former Finance Minister are agreed on forming a...

Updated 29 May, 2022 11:01am

Potential sectors evading taxes: Finance Bill may introduce ‘windfall levy’

FBR will collect 'Windfall Levy' from sectors earning extraordinary profits during the last few years

Updated 29 May, 2022 04:52pm

PDCs: ECC approves Rs62.27bn for energy ministry

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs62.27 billion for the Ministry of...

Updated 29 May, 2022 08:43am

Commodities

Indonesia to allocate about 1m tonnes of palm oil for export

JAKARTA: Indonesia will allocate about 1 million tonnes of palm oil for export, prioritising companies that have ...

Published 29 May, 2022 05:50am

Alvi urges freelancers to hone up skills

ISLAMABAD: President Dr Arif Alvi has said that the global information and technology business embodied huge...

Published 29 May, 2022 05:50am

Energy

Liquidity crunch: KE seeks urgent payment of Rs25bn from TDS receivables

ISLAMABAD: The cash strapped K-Electric (KE) has sought payment of Rs 25 billion urgently out of its Tariff...

Published 29 May, 2022 05:50am

Commodities

Gold prices plunge sharply

KARACHI: Gold prices on Saturday recorded a slump in the local market, traders said. The precious metal was traded...

Published 29 May, 2022 05:50am

‘Job creation the only way to stabilise economy’

KARACHI: Pasban Democratic Party (PDP) chairman Altaf Shakoor has said that job creation is the only way to ...

Published 29 May, 2022 05:50am

Car-lifting, snatching on the rise in ICT

ISLAMABAD: The metropolis is facing an increase in the number of car-lifting, snatching incidents as 37 people have...

Published 29 May, 2022 05:50am

Secretary seeks ways to reorganise planning ministry

ISLAMABAD: Secretary of the Ministry for Planning, Development and Special Initiatives Syed Zafar Ali Shah on...

Published 29 May, 2022 05:50am

Commodities

Tokyo rubber futures climb

SINGAPORE: Japanese rubber futures rose on Friday to a two-week high, as a stronger Tokyo stock market and easing of...

Published 29 May, 2022 05:50am

Grains

EU wheat higher with Chicago before US holiday

PARIS: Euronext wheat rose on Friday to extend a rebound from a two-week low, supported by a rally in Chicago as...

Published 29 May, 2022 05:50am

Sri Lanka gets Russian oil to ease shortages

COLOMBO: Cash-strapped Sri Lanka took delivery Saturday of Russian oil — which could soon be subject to a European...

Published 29 May, 2022 05:50am

Cotton & Textile

Spot rate gains more Rs1000 amid lean business

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Saturday increased the spot rate by Rs...

Published 29 May, 2022 05:50am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Saturday (May 28, 2022)....

Published 29 May, 2022 05:50am

Commodities

Prices of essential kitchen items witness increasing trend

ISLAMABAD: Following an increase in petrol and high-speed diesel prices, the prices of essential kitchen items...

Published 29 May, 2022 05:50am

Cannes set to pick Palme d’Or from ‘wildly divisive’ entries

CANNES, (France): The 75th edition of the Cannes Film Festival draws to a close on Saturday with one of the tightest...

Published 29 May, 2022 05:50am

AAJ PROGRAM SCHEDULE

Sunday, May 29, 2022 TIMING PROGRAM TITLE 06:00 TARGET 06:25 HEADLINE NEWS 06:30 TARGET 06:55 HEADLINE NEWS 07:00...

Published 29 May, 2022 05:50am

Rates

Automart: car prices in Karachi

KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (May 21,...

Published 29 May, 2022 05:50am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Saturday (May 21, 2022)...

Published 29 May, 2022 05:50am

Around 22.8m kids are out of school in Pakistan: WB

ISLAMABAD: Around 22.8 million children between the ages of five and 16 in Pakistan – 44 percent of the total...

Published 29 May, 2022 05:50am

KP govt gives financial assistance to 273 from minorities

PESHAWAR: Special Assistant to CM on Minority Affairs, Khyber Pakhtun-khwa, Wazir Zada here Saturday handed over...

Published 29 May, 2022 05:50am

SC slots: Justice Isa for following principle of seniority

ISLAMABAD: Chief Justice for Pakistan Umar Ata Bandial was asked to elevate the High Court chief justices for ...

Updated 29 May, 2022 09:07am

Collection of taxes, duties: IR field offices to observe extended work hours on Monday, Tuesday

ISLAMABAD: The Federal Board of Revenue (FBR) Saturday issued instructions to all Inland Revenue field offices to...

Updated 29 May, 2022 09:08am

UN report highlights again threat to Pakistan posed by Afghan-based TTP terrorists

UNITED NATIONS: A new United Nations report has once again highlighted the threat posed to Pakistan by the...

Updated 29 May, 2022 09:08am

NAB chairman’s slot: Former SC judge termed strong contender

ISLAMABAD: Justice Maqbool Baqar – an ex-judge of the Supreme Court – has emerged as the favourite candidate for...

Updated 29 May, 2022 09:09am

Imran says will move court over ‘violence’ against party workers

PESHAWAR: Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan on Saturday said that he will never accept what he dubbed...

Updated 29 May, 2022 09:10am

Samoa signs China agreement amid South Pacific push

APIA, (Samoa): Samoa signed a bilateral agreement with China on Saturday, promising “greater collaboration” as...

Published 29 May, 2022 05:50am

26 people missing after ferry sinks in Indonesia

JAKARTA: Twenty-six people were missing Saturday after a ferry ran out of fuel and sank in bad weather off the coast...

Published 29 May, 2022 05:50am

Indian troops martyr two youth in IIOJK

OCCUPIED SRINAGAR: In Indian illegally occupied Jammu and Kashmir, Indian troops in their fresh act of state...

Published 29 May, 2022 05:50am

Over 30 die in stampede at Nigeria church event

ABUJA: More than 30 people were killed on Saturday in a stampede in southern Nigeria during an overcrowded church...

Published 29 May, 2022 05:50am

Perennial hostage: the electorate

Democracy, conceptually challenges, basic human intelligence and wisdom. The power of majority can alter facts....

Published 29 May, 2022 05:50am

HSBC clients query bank on climate, one to review engagement

HSBC is facing queries from customers about its commitment to fight climate change after a senior banker downplayed...

Published 29 May, 2022 05:50am

India seen facing wider coal shortages, worsening power outage risks

India is expected to face a wider coal shortage during the quarter ending September over expectations of higher ...

Published 29 May, 2022 05:50am

Letters

May 25 2022

May 25 2022 will always be marked as a highly important day in the history of this country. It was on this day that...

Published 29 May, 2022 05:50am

Industry

FPCCI panel warns govt of worsening power sector circular debt

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) Chairman Mian Anjum...

Published 29 May, 2022 05:50am

Money & Banking

Soneri Bank, ABL Asset Management Company sign agreement

KARACHI: Soneri Bank Limited and ABL Asset Management Company Limited have signed a landmark agreement for...

Published 29 May, 2022 05:50am

Industry

Weak economy can’t afford politics of confrontation: Zahid Hussain

KARACHI: Chairman of the National Business Group Pakistan and President of Pakistan Businessmen and Intellectuals...

Published 29 May, 2022 05:50am

Industry

OMEGA: Revealing the true character of inspiring women

KARACHI: Captured in a new series of black and white portraits and videos, the Swiss watchmaker OMEGA is revealing...

Published 29 May, 2022 05:50am

Companies

Over 28 Pakistani companies win GDEIB awards in various categories

ISLAMABAD: Over 28 Pakistani organisations and companies won the Global Diversity, Equity and Inclusion Benchmarks...

Published 29 May, 2022 05:50am

Companies

EBM wins top awards

KARACHI: Pakistan’s leading FMCG Company, English Biscuit Manufacturers (Pvt) Ltd (EBM), has been honoured by the...

Published 29 May, 2022 05:50am

Taxes

FBR directs 18 PCS, IRS officers to declare assets

ISLAMABAD: The Federal Board of Revenue (FBR) has directed around 18 senior officers of grades BS-19-20 of Pakistan...

Published 29 May, 2022 05:50am

Money & Banking

Collection of govt receipts, duties, taxes: Certain branches to observe extended hours on 30th, 31st: SBP

KARACHI: The State Bank of Pakistan (SBP) has announced opening of concerned branches for collection of government...

Published 29 May, 2022 05:50am

Industry

3P Plas Print Pack Pakistan Exhibition begins at Lahore Expo

LAHORE: FAKT Exhibitions, Pakistan’s leading exhibitions organising company is all set to organise 16th edition of...

Published 29 May, 2022 05:50am

Insurance distribution, payments systems: SECP event discusses technology-enabled solutions

Industry

Ministry of Finance says primary contributors to increasing inflation are surge in international commodity prices and massive exchange rate depreciation

Updated 29 May, 2022 04:06pm

Industry

Siemens Mobility wins $8.7bn high-speed rail deal in Egypt

BERLIN: Egypt has signed a contract with industrial manufacturing company Siemens’ rail and traffic unit and its...

Published 29 May, 2022 05:50am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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