News Archives for Print - 2022-06-23

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Print - 2022-06-23

KPK businesspeople oppose import ban

PESHAWAR: Importers hailing from Khyber Pakhtunkhwa opposed the ban on imported items, calling the government’s...

Published 23 Jun, 2022 08:27am

Industry

Tobacco industry: SPARC censures marketing tactics

ISLAMABAD: The Society for the Protection of the Rights of the Child (SPARC) highlighted the deceptively dangerous...

Published 23 Jun, 2022 08:27am

Punjab, Sindh, KP, Balochistan and AJ&K: PTA carries out QoS survey in 15 cities,8 motorways/highways/inter-city roads

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has carried out an independent Quality of Service (QoS)...

Published 23 Jun, 2022 08:27am

Industry

Smeda, ITC ink accord to implement EU-funded GRASP project

LAHORE: The Small and Medium Enterprises Development Authority (SMEDA), under patronage of the Ministry of ...

Published 23 Jun, 2022 08:22am

Punjab allocates Rs11.65bn for women development, population welfare

LAHORE: The Punjab government has allocated Rs 11.65 billion for women development and population welfare in the...

Published 23 Jun, 2022 08:22am

Industry

Malaysian delegation visits FCCI

FAISALABAD: Malaysia is making serious endeavors to mitigate the supply chain problems in the wake of Pandemic and ...

Published 23 Jun, 2022 08:22am

MBS, Erdogan meet in Turkey with ‘full normalisation’ in sights

ANKARA: Saudi Crown Prince Mohammed bin Salman arrived in Turkey for the first time in years on Wednesday for talks...

Published 23 Jun, 2022 08:22am

SC suspends LHC’s order on selection of Hajj assistants

ISLAMABAD: The Supreme Court on Wednesday suspended the Lahore High Court (LHC)’s order regarding the selection of...

Published 23 Jun, 2022 08:15am

‘Branding Local Products’ exhibition held

HYDERABAD: A three days nano exhibition titled “Branding the Local Products” was organized at Shaheed Allah ...

Published 23 Jun, 2022 08:15am

Senior command of Pakistan Army: ‘Imaan apologises for intemperate, inappropriate language’

ISLAMABAD: Imaan Mazari, daughter of former federal minister and the Pakistan Tehreek-e-Insaf (PTI) leader Shireen...

Published 23 Jun, 2022 08:15am

B-International project: French ambassador welcomes representatives from 8 universities

ISLAMABAD: The newly-arrived French Ambassador Nicolas Galey on Wednesday welcomed representatives from eight...

Published 23 Jun, 2022 08:15am

Asia

Xi warns about ‘expanding military alliances’ at BRICS summit

BEIJING: Chinese President Xi Jinping warned against “expanding” military ties on Wednesday in a speech ahead of...

Published 23 Jun, 2022 08:15am

Industry

Air tickets set to keep climbing from pandemic low: experts

DOHA: Propelled by inflation, the price of air tickets has begun to take off again after tumbling during the...

Published 23 Jun, 2022 08:15am

Countries increasingly see US as reliable since Ukraine war: poll

WASHINGTON: Growing majorities in nations friendly to the United States have come to view Washington as a reliable...

Published 23 Jun, 2022 07:37am

Energy

Clean energy spending rises, but still not enough: IEA

PARIS: Investment in clean energy will hit a record this year but fall short of what is needed to tackle the climate...

Published 23 Jun, 2022 07:37am

Money & Banking

US could face more inflation ‘surprises’: Powell

WASHINGTON: The US economy is strong but faces an “uncertain” global environment and could see further inflation...

Published 23 Jun, 2022 07:37am

Energy

China imports 2m barrels more of Iran oil, likely for reserves

SINGAPORE: China has received a new shipment of nearly 2 million barrels of Iranian oil in the past week at a...

Published 23 Jun, 2022 07:37am

Putin pushes for stronger ties with BRICS nations

MOSCOW: Russian President Vladimir Putin on Wednesday called for a strengthening of ties with the influential club ...

Published 23 Jun, 2022 07:37am

Money & Banking

20 applications received for digital banking licence: SBP

KARACHI: In contrast to the five licences for digital banking that were advertised as being issued soon to ...

Updated 23 Jun, 2022 01:40pm

US CG, MagnifiScience Centre hold discussion on improving air quality

KARACHI: The US Consulate General, Karachi partnered with The MagnifiScience Centre on June 21 to organise the panel...

Published 23 Jun, 2022 07:25am

Asif Zardari’s mother passes away

KARACHI: Former President Asif Ali Zardari’s mother and Foreign Minister Bilawal Bhutto-Zardari’s grandmother...

Published 23 Jun, 2022 07:25am

‘Roti, naan’: LHC directs govt body to decide prices

LAHORE: The Lahore High Court on Wednesday directed an appellate committee of the government to decide the price of...

Published 23 Jun, 2022 07:25am

Lands retrieved on ombudsman’s orders

LAHORE: On the orders of Ombudsman Punjab Maj Azam Suleman Khan (retd), 90 kanal and nine marla state lands of Rs...

Published 23 Jun, 2022 07:25am

PPP govt criticised for not completing annual development schemes

KARACHI: Opposition legislators in the Sindh Assembly on Wednesday clamoured over non-implementation of budgets and...

Published 23 Jun, 2022 07:25am

Every drop of water supplied to Karachi will be filtered, says CS

KARACHI: Sindh Chief Secretary Dr Muhammad Sohail Rajput has said that every drop of water supplied to the...

Published 23 Jun, 2022 07:25am

Squad for Sri Lanka Test series announced

LAHORE: Leg-spinner Yasir Shah and all-rounder Mohammad Nawaz have returned to the Test squad for next month’s...

Published 23 Jun, 2022 07:25am

Ban on import of luxury items: Around 600 to 900 containers stuck at Karachi ports

KARACHI: Around 600 to 900 containers are stuck at Karachi ports, following a ban imposed on import of luxury items...

Published 23 Jun, 2022 07:06am

‘I never planned to bring in army chief of my choice’: Imran

ISLAMABAD: Former prime minister (PM) and Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan, Wednesday, while...

Published 23 Jun, 2022 07:06am

UK unveils plans to override ECHR after Rwanda spat

LONDON: The UK government Wednesday introduced legislation allowing it to override rulings by the European Court of...

Published 23 Jun, 2022 07:06am

BJP nominates tribal, female politician for president

BHUBANESWAR, (India): A female Indian politician from a tribal community has been nominated as presidential ...

Published 23 Jun, 2022 06:55am

TCP issues tender to buy 500,000 tonnes of wheat

PARIS: Trading Corporation of Pakistan (TCP) has issued an international tender to purchase and import 500,000 ...

Published 23 Jun, 2022 06:55am

Khar-led delegation to attend CHOGM

ISLAMABAD: Minister of State for Foreign Affairs Hina Rabbani Khar would pay an official visit to Kigali, Rwanda to...

Published 23 Jun, 2022 06:55am

Budget FY23: Understanding with IMF may lead to revival of EFF

KARACHI: In a welcoming breakthrough, Pakistan and IMF reached an understanding on the federal budget FY23 which...

Published 23 Jun, 2022 06:55am

1Q of FY 2021-22: KE allowed to recover QTA to the tune of Re0.57/unit from consumers

ISLAMABAD: The government has allowed K-Electric (KE) to recover Quarterly Tariff Adjustment (QTA) of first quarter...

Updated 23 Jun, 2022 10:39am

Anomaly Committees: Miftah visits FBR HQs where he reviews recommendations

ISLAMABAD: Finance Minister Miftah Ismail reviewed the recommendations of the Anomaly Committees at the Federal ...

Updated 23 Jun, 2022 09:50am

Polling for Islamabad LG elections delayed

ISLAMABAD: The local government polls have been delayed in the federal capital after the Election Commission of...

Updated 23 Jun, 2022 09:51am

‘KSA is assisting in getting another deferred oil facility through IDB’

ISLAMABAD: Government of Saudi Arabia is helping Pakistan in getting another deferred oil facility of $1.2 billion...

Updated 23 Jun, 2022 09:53am

South Asia

At least 1,000 killed in Afghan quake

SHARAN, (Afghanistan): A powerful earthquake struck a remote border region of Afghanistan overnight killing at least...

Published 23 Jun, 2022 06:20am

The Weather

KARACHI: The weather report on Wednesday (June 22, 2022) and the forecast for Thursday (June 23, 2022)...

Published 23 Jun, 2022 06:05am

PTCL deploys AirPON Solution in collaboration with Huawei

KARACHI: Pakistan Telecommunication Company Limited (PTCL) the country’s premier Telecom and ICT services provider...

Published 23 Jun, 2022 06:05am

First China-Pakistan ‘Belt and Road’ transportation and logistics conference held at NUST

ISLAMABAD: Under the umbrella of a Shanghai Cooperation Organization the first China-Pakistan “Belt and Road”...

Published 23 Jun, 2022 06:05am

Two ex-govt officers jailed over corruption

KARACHI: The Accountability Court on Wednesday found two former Sindh government officers guilty of corruption and...

Published 23 Jun, 2022 06:05am

LHC seeks reply from Ogra in response to plea against oil price hike

LAHORE: The Lahore High Court on Wednesday sought replies from the Chairman Oil and Gas Regulatory Authority (Ogra),...

Published 23 Jun, 2022 06:05am

MiTE holds open house for students, their parents

KARACHI: The Millennium Institute of Technology and Entrepreneurship (MiTE) organised an Open House session on June...

Published 23 Jun, 2022 06:05am

Pre-monsoon rain hits Karachi

KARACHI: A sudden short pre-monsoon rain with gusty winds struck the metropolis on Wednesday evening, scaling down...

Published 23 Jun, 2022 06:05am

Hyderabad-Sukkur Motorway: NHA officials directed to resolve land acquisition issues

HYDERABAD: Divisional Commissioner Hyderabad Nadeem-ur-Rehman Memon has directed the officers of National Highway...

Published 23 Jun, 2022 06:05am

Interim bail granted to Moonis Elahi

LAHORE: A special court (offences in bank) on Wednesday granted interim bail to Pakistan Muslim League (Q) MNA ...

Published 23 Jun, 2022 06:05am

‘PTI will form next govt in Punjab’

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Central Punjab President Dr Yasmeen Rashid has said that the PTI will form ...

Published 23 Jun, 2022 06:05am

PCB’s 69th BoG meeting today

LAHORE: The 69th meeting of the Board of Governors (BoG) of the Pakistan Cricket Board (PCB) will be held today at...

Published 23 Jun, 2022 06:05am

Strike by FBR staff continues: Recovery work, refund processing halted

ISLAMABAD: The Federal Board of Revenue (FBR) field formations including the Large Tax Office (LTO), Islamabad...

Published 23 Jun, 2022 06:05am

PMD earmarks one acre for installation of JICA radar in Multan

LAHORE: The Pakistan Meteorological Department (PMD) has earmarked one acre land for the installation of a Rs2...

Published 23 Jun, 2022 06:05am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Wednesday (June 22, 2022)....

Published 23 Jun, 2022 06:05am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Wednesday (June 22, 2022). ========================== KIBOR...

Published 23 Jun, 2022 06:05am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (June 22, 2022). ========================...

Published 23 Jun, 2022 06:05am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (June 22, 2022). ========================...

Published 23 Jun, 2022 06:05am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Wednesday (June 22, 2022). ======================== Offer Price 1,207.4426 Bid...

Published 23 Jun, 2022 06:05am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Wednesday (June 22, 2022). ======================== Offer Price...

Published 23 Jun, 2022 06:05am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Wednesday (June 22, 2022). ======================== Offer Price...

Published 23 Jun, 2022 06:05am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Wednesday (June 22, 2022). ======================== Offer ...

Published 23 Jun, 2022 06:05am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Wednesday (June 22, 2022). ======================== Offer Price...

Published 23 Jun, 2022 06:05am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Wednesday (June 22, 2022). ======================== Offer Price...

Published 23 Jun, 2022 06:05am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Wednesday (June 22, 2022). ======================== OFFER PRICE...

Published 23 Jun, 2022 06:05am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Wednesday (June 22, 2022). ======================== OFFER PRICE...

Published 23 Jun, 2022 06:05am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Wednesday (June 22, 2022). ======================== OFFER PRICE...

Published 23 Jun, 2022 06:05am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Wednesday (June 22, 2022). ======================== OFFER PRICE...

Published 23 Jun, 2022 06:05am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Wednesday (June 22, 2022). ======================== OFFER PRICE...

Published 23 Jun, 2022 06:05am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Wednesday (June 22, 2022). ======================== OFFER PRICE 1,425.3712...

Published 23 Jun, 2022 06:05am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Wednesday (June 22, 2022). ======================== OFFER PRICE...

Published 23 Jun, 2022 06:05am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Wednesday (June 22, 2022). ======================== OFFER PRICE...

Published 23 Jun, 2022 06:05am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Wednesday (June 22, 2022). ======================== OFFER PRICE...

Published 23 Jun, 2022 06:05am

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 23 Jun, 2022 06:05am

Stocks

Last date of renunciation/payment

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

Published 23 Jun, 2022 06:05am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 23 Jun, 2022 06:05am

Stocks

Indian shares shed over 1pc

BENGALURU: Indian shares closed more than 1% lower on Wednesday, with bond yields at their weakest in over three...

Published 23 Jun, 2022 06:05am

Stocks

UK shares drop

LONDON: UK shares fell on Wednesday after inflation in the country touched a 40-year-high in May, adding further...

Published 23 Jun, 2022 06:05am

Stocks

Gulf bourses retreat on lower oil prices, inflation fears

DUBAI: Stock markets in the Gulf retreated on Wednesday, tracking crude prices, and as global sentiment was weighed...

Published 23 Jun, 2022 06:05am

Stocks

European stocks bounce off lowest in more than a year

LONDON: European stocks bounced off session lows on Wednesday after Federal Reserve Chair Jerome Powell said the US...

Published 23 Jun, 2022 06:05am

Stocks

China shares fall

SHANGHAI: Mainland Chinese shares ended lower on Wednesday, as extreme weather in some parts of the country added...

Published 23 Jun, 2022 06:05am

Stocks

Wall Street edges higher after Powell’s remarks

NEW YORK: US stock indexes edged higher in choppy trading on Wednesday, with healthcare shares offsetting losses in...

Published 23 Jun, 2022 06:05am

Letters

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (June ...

Published 23 Jun, 2022 06:05am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 1	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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