News Archives for Print - 2022-07-24

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Print - 2022-07-24

President felicitates newly elected PFUJ office- bearers

ISLAMABAD: President Dr Arif Alvi on Saturday felicitated the newly elected office bearers of the Pakistan Federal...

Published 24 Jul, 2022 06:37am

Maryam links crisis to SC ruling on dissidents

Says no one should expect them to bow down to one-sided decisions

Updated 24 Jul, 2022 09:10am

Hamza’s election as CM in line with law, Constitution, claims Tarar

LAHORE: Punjab Home Minister Attaullah Tarar said the success of Pakistan Muslim League-Nawaz (PML-N) in election ...

Published 24 Jul, 2022 06:37am

Taxes

FTO directs FBR to clear over 3,000 courier consignments

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to immediately clear over...

Published 24 Jul, 2022 06:37am

Money & Banking

Bank Alfalah, ACE Money Transfer give away SUVs to six remittance senders

LAHORE: Bank Alfalah, in partnership with ACE Money Transfer, is rewarding six lucky overseas Pakistanis for using...

Published 24 Jul, 2022 06:37am

Energy

Quaid-e-Azam Solar Power Ltd shares Rs1.5bn dividend with Punjab govt

LAHORE: The Quaid-e-Azam Solar Power Limited (QASPL) has approved Rs1.5 billion dividend for the Punjab government ...

Published 24 Jul, 2022 06:19am

Parliamentary party bound to follow party chief’s instructions: Marri

ISLAMABAD: Pakistan People’s Party Parliamentarians (PPP-P) spokesperson Shazia Marri Saturday said the...

Published 24 Jul, 2022 06:19am

South Asia

Afghanistan signs deal to import 350,000 tons of oil from Iran

KABUL: Afghanistan’s finance ministry announced Saturday that a contract was signed for the purchase of 350,000...

Updated 24 Jul, 2022 11:51am

14.08m mobile phones manufactured during Jan-June: PTA

ISLAMABAD: The local manufacturing plants have manufactured/assembled 14.08 million mobile phone handsets during the...

Published 24 Jul, 2022 06:07am

Overseas Pakistanis’ vote: SC to hear PTI’s plea on 26th

Petition contends that amendments were discriminatory and violated fundamental rights and merits

Updated 24 Jul, 2022 09:09am

Ten killed after mountain collapse at China mining site

BEIJING: Ten people were killed and seven injured Saturday after the collapse of a section of a mountain at a coal...

Published 24 Jul, 2022 05:54am

Asia

China heightens warning to US over possible House Speaker Pelosi visit to Taiwan: FT

BEIJING: China has issued stark private warnings to the Biden administration about a possible trip to Taiwan in...

Published 24 Jul, 2022 05:41am

Middle East

Iraq says preparing to host ‘public’ meeting between Iran, Saudi FMs

BAGHDAD: Iraq said Saturday it was preparing to host a “public” meeting of the foreign ministers of Iran and...

Published 24 Jul, 2022 05:41am

Lahore receives another 86mm rainfall

LAHORE: The city of Lahore received another maximum rain of 86 millimeters on Saturday as it remained covered by...

Published 24 Jul, 2022 05:04am

The Weather

KARACHI: The weather report on Saturday (July 23, 2022) and the forecast for Sunday (July 24, 2022)....

Published 24 Jul, 2022 05:04am

REAP to hold two ‘Biryani festivals’ in Tehran on 27th

LAHORE: The Rice Exporters Association of Pakistan (REAP) is going to hold two “Biryani Festivals” in Tehran on...

Published 24 Jul, 2022 05:04am

Imran misleading nation through lies, propaganda: Rana

LAHORE: Interior Minister Rana Sanaullah said on Saturday that a group under Imran Khan wanted to mislead the nation...

Published 24 Jul, 2022 05:04am

QWP urges coalition govt to revive economy, provide relief to people

PESHAWAR: Qaumi Watan Party (QWP) Chairman Aftab Ahmad Khan Sherpao on Saturday said the coalition government would...

Published 24 Jul, 2022 05:04am

LGH annual report released: ‘Over 2.1m patients treated during last financial year’

LAHORE: While releasing the annual performance report of Lahore General Hospital (LGH), Post Graduate Medical...

Published 24 Jul, 2022 05:04am

Experts say climate change has forced shift in monsoonal pattern

ISLAMABAD: Environmental experts have stated that climate change has resulted in a 100 kilometres ‘spatial ...

Published 24 Jul, 2022 05:04am

Minister asks Imran to accept Hamza’s election as ‘it’s in line with SC ruling’

ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb on Saturday said that Hamza Shehbaz was...

Published 24 Jul, 2022 05:04am

Incidents involving snatching of phones, car theft on the rise in capital

ISLAMABAD: Mobile phone snatching and car lifting incidents have increased manifold in the federal capital during ...

Published 24 Jul, 2022 05:04am

PM congratulates Erdogan over Ukraine grain deal

ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday congratulated President of Turkey Recep Tayyip Erdogan after...

Updated 24 Jul, 2022 09:05am

Energy conservation drive: Power Div asked to seek comments of Finance Div

ISLAMABAD: Cabinet Division has advised Power Division to seek comments of Finance Division on the summary of Rs...

Updated 24 Jul, 2022 11:50am

‘Falling forex reserves, growing political instability detrimental to economy’

ISLAMABAD: Pakistan’s economy faces serious challenges due to fast decreasing foreign exchange reserves and...

Updated 24 Jul, 2022 02:57pm

GST payments in installments: FBR empowered to facilitate federal, provincial govts

ISLAMABAD: The Federal Board of Revenue (FBR) has been empowered to grant permission to the federal and provincial...

Updated 24 Jul, 2022 09:01am

Edible oil, paper, other goods: WHT on imports made ‘minimum tax’

Under the Finance Act 2022, certain changes have been incorporated with regard to WHT on imports under section 148 of the Income Tax Ordinance 2001

Updated 24 Jul, 2022 03:38pm

Hamza to act as ‘trustee’ CM till tomorrow: SC

LAHORE: The Supreme Court of Pakistan restored Saturday the July 01 interim status of Punjab Chief Minister Hamza...

Updated 24 Jul, 2022 09:02am

Country’s financing needs fully met for this year: SBP

SBP acting governor says ‘unwarranted’ market concerns will dissipate in weeks
‘Pakistan responded to external pressures faster than Sri Lanka’
Terms IMF programme an ‘important anchor’ for Pakistan

Updated 24 Jul, 2022 09:03am

Imran steps up criticism of ‘Zardari-Sharif Mafia’

ISLAMABAD: After Pakistan Tehreek-e-Insaf (PTI) failed to get elected Chaudhry Pervaiz Elahi – the joint candidate...

Updated 24 Jul, 2022 09:03am

‘US embassy is tracking journalists and PTI leader’, claims Mazari

ISLAMABAD: The senior Pakistan Tehreek-e-Insaf (PTI) leader Dr Shireen Mazari Saturday accused the United States...

Updated 24 Jul, 2022 09:04am

Alvi for a govt in accordance with people’s aspirations

ISLAMABAD: President Dr Arif Alvi has said Pakistan was going through a test and everybody including democratic...

Updated 24 Jul, 2022 09:04am

Hamza sworn in as Punjab chief minister

Governor Punjab Muhammad Baligh ur Rehman administered the oath

Updated 24 Jul, 2022 09:06am

Rates

Automart: car prices in Karachi

KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (July 23,...

Published 24 Jul, 2022 05:04am

Cotton & Textile

Firm trend on cotton market

LAHORE: The local cotton market on Saturday remained steady and the trading volume was satisfactory. He also told...

Published 24 Jul, 2022 05:04am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Saturday (July 23, 2022)....

Published 24 Jul, 2022 05:04am

Energy

US natgas futures jump

NEW YORK: US natural gas futures jumped about 5% to a five-week high on Friday on forecasts for hotter weather and...

Published 24 Jul, 2022 05:04am

Commodities

Tokyo rubber futures hit 6-month low on less demand

TOKYO: Japanese rubber futures slid for a third straight session on Friday, with the market dropping to its lowest...

Published 24 Jul, 2022 05:04am

Grains

CBOT soyabeans up

CHICAGO: Chicago Board of Trade soyabean futures closed higher on Friday on a round of bargain buying after the...

Published 24 Jul, 2022 05:04am

Commodities

Cocoa prices rise

LONDON: Cocoa prices rose on Friday, buoyed partly by a stronger second-quarter Asian grind, as the market continued...

Published 24 Jul, 2022 05:04am

Commodities

Gold gains further ground

KARACHI: Gold prices on Saturday gained some more value in the local market, traders said. They grew by Rs900 to...

Published 24 Jul, 2022 05:04am

Commodities

Political crisis, rupee’s devaluation: Prices of essential kitchen items witness upward trend

ISLAMABAD: Amid political crisis and devaluation of Pak rupee, the prices of essential kitchen items have witnessed...

Published 24 Jul, 2022 05:04am

Italy’s famous Po Valley rice paddies decimated by drought

The roar of Dario Vicini’s motorcycle cuts through the silence as he drives across his rice paddy to survey the...

Published 24 Jul, 2022 05:04am

Neglected forests at the mercy of wildfires in Spain, Portugal

With climate change making devastating wildfires more likely, experts warn Spain and Portugal need to better manage...

Published 24 Jul, 2022 05:04am

Disinformation shifting views on Ukrainian refugees

When Dominika Sokur speaks to her children in the playground, she overhears hostile reactions that she believes are...

Published 24 Jul, 2022 05:04am

Industry

Delay, detention charges: Customs urges shipping lines to allow full waiver

KARACHI: Pakistan Customs has urged the shipping lines to allow complete withdrawal of delay and detention charges ...

Published 24 Jul, 2022 05:04am

Libya militia clashes kill 16

TRIPOLI: At least 16 people were killed and 52 wounded in fighting between armed groups in Tripoli, the health...

Published 24 Jul, 2022 05:04am

At least 22 killed in south Iran floods

TEHRAN: Flooding in southern Iran has killed at least 22 people and left one person missing following heavy rainfall...

Published 24 Jul, 2022 05:04am

IK pushing country towards civil war: PML-N leader

FAISALABAD: Former federal minister and central leader of Pakistan Muslim League-Nawaz (PML-N) Chaudhry Abid Sher ...

Published 24 Jul, 2022 05:04am

CM’s election controversy: Qureshi accuses Zardari of ‘playing with Constitution’

LAHORE: Pakistan Tehreek-e-Insaf’s senior leaders on Saturday said that on July 22, an auction instead of an...

Published 24 Jul, 2022 05:04am

Politicians slammed for indulging in power struggle instead of improving economy

KARACHI: The country’s political elites are far too busy fighting for power instead of giving any thought to the...

Updated 24 Jul, 2022 06:53am

Karachi deserves status of ‘Charter City’: PDP chief

KARACHI: Karachi is not a town or district; it is a megacity, which deserves the status of a Charter City and the...

Published 24 Jul, 2022 05:04am

Security personnel on alert in capital in the wake of PTI’s protest call

ISLAMABAD: In the wake of the protest call given by Pakistan Tehreek-e-Insaf (PTI) after the Chief Minister’s...

Published 24 Jul, 2022 05:04am

Ahsan blames Imran for causing harm to country’s economy

LAHORE: Holding PTI chief Imran Khan responsible for the destruction of country’s economy, Minister for Planning,...

Published 24 Jul, 2022 05:04am

Commodities

‘Essential commodities available at all Utility Stores’

KARACHI: Subsidized items sugar, ghee and flour are available in abundance at all Utility Stores across the ...

Published 24 Jul, 2022 05:04am

Dr Ziauddin Hospital receives Sindh Healthcare Commission’s regular licence

KARACHI: Dr Ziauddin Hospital gains the Sindh Healthcare Commission Regular Licence, being the first hospital in...

Published 24 Jul, 2022 05:04am

Banks need to modernize core banking system

Pakistan’s banking industry has thrived tremendously over the last few years with consistent growth witnessed in...

Published 24 Jul, 2022 05:04am

Industry

ASEAN, SAARC member countries: LCCI chief, foreign secy discuss external trade, scope for trade promotion

LAHORE: President of the Lahore Chamber of Commerce and Industry (LCCI), Mian Nauman Kabir has a detailed meeting...

Published 24 Jul, 2022 05:04am

KE tariff adjustment: Power Division to approach Nepra

Nepra recommends a uniform rate for the second quarterly adjustment of FY2021-22 for consumers of distribution companies for a three-month period

Updated 24 Jul, 2022 11:50am

Chinese real estate giant Evergrande ousts top executives

BEIJING: Embattled Chinese real estate giant Evergrande has ousted its CEO and CFO after an internal investigation...

Published 24 Jul, 2022 05:04am

PIAF wants govt to establish ‘Economic Crisis Management Board’

Industry

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.90
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.32
Euro to USD / May 13	1.11
UK LIBOR % / May 12	4.96

Stock	Volume
S&P 500 / May 12	5,844.19
Nasdaq / May 12	18,708.34
Dow Jones / May 12	42,410.10
India Sensex / May 13	81,726.97
Tokyo Nikkei / May 13	38,305.85
Hang Seng / May 13	23,188.20
FTSE 100 / May 13	8,606.55
Germany DAX 30 / May 13	23,595.02
France CAC40 / May 13	7,859.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 12	16,985
Gold 10 Grams PKR / May 12	291,923
Crude Oil USD/Barrel / May 13	61.90
Gold Spot USD/Ounce / May 13	3,253.26
Cotton US¢/pound / May 13	66.85
Petrol/Litre / May 14	252.63
Diesel/Litre / May 14	256.64

Gainers
Losers
Leaders

Stock	Price
Grays Leasing / May 13 Grays Leasing Limited(GRYL)	4.51 ▲ 0.72 (19%)
TPL Trakker Ltd / May 13 TPL Trakker Limited(TPLT)	6.59 ▲ 1 (17.89%)
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.88 ▲ 1 (17.01%)
B. F. Mod. / May 13 B.F. Modaraba(BFMOD)	8.34 ▲ 1 (13.62%)
Burj Clean Energy Modaraba / May 13 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.11 ▲ 1 (12.33%)
Mahanna Islamic Index / May 13 Mahanna Islamic Index Traded Fund(MIIETF)	15.47 ▲ 1.65 (11.94%)
Haseeb Waqas / May 13 Haseeb Waqas Sugar Mills Limited(HWQS)	9.59 ▲ 1 (11.64%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)

Stock	Price
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	15.35 ▼ -1.71 (-10.02%)
Bilal Fibres / May 13 Bilal Fibres Limited(BILF)	19.59 ▼ -2.18 (-10.01%)
TPL Life Insur. / May 13 TPL Life Insurance Limited(TPLL)	46.80 ▼ -5.2 (-10%)
Din Tex. / May 13 Din Textile Mills Limited(DINT)	45 ▼ -4.99 (-9.98%)
Mughal Energy / May 13 Mughal Energy Limited(GEM)(GEMMEL)	19.90 ▼ -2.12 (-9.63%)
Suhail Jute / May 13 Suhail Jute Mills Limited(SUHJ)	78.36 ▼ -8.24 (-9.52%)
First Punjab Modaraba / May 13 First Punjab Modaraba(FPJM)	2.77 ▼ -0.28 (-9.18%)
Parmount Sp. / May 13 Paramount Spinning Mills Limited(PASM)	3.36 ▼ -0.31 (-8.45%)
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.95 ▼ -0.25 (-7.81%)
First IBL Mod. / May 13 First IBL Modaraba(FIBLM)	3 ▼ -0.24 (-7.41%)

Stock	Volume
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	41,734,903 ▼ -0.06
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	41,052,877 ▲ 6.27
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	35,773,773 ▲ 2.33
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	30,912,153 ▲ 15.65
B.O.Punjab / May 13 The Bank of Punjab(BOP)	24,175,098 ▼ -0.16
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	24,174,880 ▼ -0.09
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	23,803,446 ▼ -0.22
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	21,754,749 ▼ -3.25
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	20,681,855 ▲ 1.82
D.G.K.Cement / May 13 D.G. Khan Cement Company Limited(DGKC)	19,785,523 ▲ 10.35

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