News Archives for Print - 2022-07-29

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Print - 2022-07-29

Alarm as Earth hits ‘Overshoot Day’ Thursday: NGOs

PARIS: Mankind marks a dubious milestone Thursday, the day by which humanity has consumed all earth can sustainably...

Published 29 Jul, 2022 06:14am

In call with Biden, Xi warns against ‘playing with fire’ over Taiwan

WASHINGTON/BEIJING: Chinese President Xi Jinping on Thursday warned US President Joe Biden against “playing with...

Published 29 Jul, 2022 06:14am

Prohibited funding case: Govt urges ECP to announce reserved verdict immediately

ISLAMABAD: The government on Thursday urged the Election Commission of Pakistan (ECP) to immediately announce its...

Published 29 Jul, 2022 06:14am

PM prays for quick recovery of Covid-hit Asif Zardari

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday expressed his best wishes and prayers for former President Asif...

Published 29 Jul, 2022 06:14am

PTI nominates Sibtain for post of PA speaker

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Secretary Information Farrukh Habib said on Thursday that the PTI nominated...

Published 29 Jul, 2022 06:14am

PTI leaders decry Haleem’s arrest

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Thursday came down hard at Pakistan People’s Party-led (PPP) Sindh...

Published 29 Jul, 2022 06:14am

Pakistan to begin Commonwealth Games campaign against Barbados today

LAHORE: Despite the rain affected tri-series in Ireland which hampered the team preparations, the Bismah Maroof-led...

Published 29 Jul, 2022 06:14am

IESCO chief to discuss complaints with consumers

ISLAMABAD: Chief Executive IESCO Dr Muhammad Amjad Khan will listen the power related issues and suggestions of ...

Published 29 Jul, 2022 06:14am

Punjab PA passes no-confidence motion against deputy speaker

LAHORE: The Punjab Assembly on Thursday passed a no-confidence motion against Deputy Speaker Dost Muhammad Mazari...

Published 29 Jul, 2022 06:14am

Minister urges academics, industrialists to work together for solving country’s problems

ISLAMABAD: Federal Minister for Education Rana Tanveer Hussain on Thursday urged the industry and universities to...

Published 29 Jul, 2022 06:14am

Rains, floods: PM forms ministerial body to assess damages

ISLAMABAD: Prime Minister Shehbaz Sharif has formed a committee of federal ministers to determine the damages in...

Published 29 Jul, 2022 06:14am

Medical colleges: UHS to introduce integrated curriculum this year

LAHORE: The University of Health Sciences (UHS) has decided to introduce an integrated curriculum in medical ...

Published 29 Jul, 2022 06:14am

CNS lauds multifaceted contributions of PN in maritime domain

ISLAMABAD: Chief of the Naval Staff (CNS), Admiral Muhammad Amjad Khan Niazi on Thursday lauded multifaceted...

Published 29 Jul, 2022 06:14am

Damage caused by floods: NHA taking measures to maintain traffic flow on its network

ISLAMABAD: National Highways Authority (NHA) is taking effective measures to maintain traffic flow on its network, ...

Published 29 Jul, 2022 06:14am

KU suicide attack: Bereaved Chinese families to get same compensation package as Dasu project affectees

ISLAMABAD: The government has decided to extend same compensation package to the families of three Chinese teachers...

Published 29 Jul, 2022 06:14am

Lack of resources stopping launch of new trains: PR

LAHORE: Pakistan Railways Chief Executive Officer (CEO), Farrukh Taimur Ghilzai has said that resources do not allow...

Published 29 Jul, 2022 06:14am

State Life opens modern data centre in Islamabad

ISLAMABAD: State Life is Pakistan’s largest life and health insurer, which serves more than 140 million Pakistanis...

Published 29 Jul, 2022 06:14am

NIMA holds webinar on ‘Development of Balochistan under CPEC’

KARACHI: The National Institute of Maritime Affairs (NIMA) organized a webinar on a very important topic...

Published 29 Jul, 2022 06:14am

Seminar held to mark World Hepatitis Day: Country has 2nd-highest hepatitis prevalence rate in world: expert

HYDERABAD: Health experts have underlined the importance of screening for hepatitis B and C in order to stop the...

Published 29 Jul, 2022 06:14am

Sindh asks PM for funds needed to revamp battered infrastructure

KARACHI: Sindh Chief Minister Syed Murad Ali Shah in his meeting with Prime Minister Mian Shehbaz Sharif through...

Published 29 Jul, 2022 06:14am

LG polls: JI shows reservation over ballot papers, demands reprint

KARACHI: Jamaat-e-Islami (JI) Karachi chief Engr Hafiz Naeemur Rehman has expressed grave concerns over the security...

Published 29 Jul, 2022 06:14am

PTCL & Ufone restore network disrupted by heavy rains, flooding

KARACHI: Pakistan Telecommunication Company Limited and Ufone have swiftly restored their network disrupted by heavy...

Published 29 Jul, 2022 06:14am

Sindh-Balochistan land route cut off by floods since last four days

QUETTA: Due to heavy rains in Balochistan, nine bridges were washed away in flood relays and the roads between many...

Published 29 Jul, 2022 06:14am

Money-laundering, Park Lane cases: AC adjourns hearing till Sept 7

ISLAMABAD: In the wake of the Pakistan Tehreek-e-Insaf (PTI) pending petition before the Supreme Court against the...

Published 29 Jul, 2022 06:14am

Asia

North Korea’s Kim says ‘ready to mobilise’ nuclear weapons

SEOUL: North Korean leader Kim Jong Un said his country was “ready to mobilise” its nuclear deterrent in any...

Published 29 Jul, 2022 06:14am

Middle East

Saudi prince stays in ‘world’s most expensive home’ during Paris trip

PARIS: During his trip to France to meet President Emmanuel Macron, Saudi Arabia’s Crown Prince Mohammed bin ...

Published 29 Jul, 2022 06:14am

Middle East

As Lebanese staple runs short, tempers flare at bakeries

BEIRUT: Mohamed Abu Khodr had been waiting for hours outside a Beirut bakery in hopes of buying two bags of...

Published 29 Jul, 2022 06:14am

South Asia

Airplane aborted Mumbai takeoff due to caution alert

NEW DELHI: A SpiceJet airplane was forced to abort its takeoff on a Mumbai runway on Thursday because of a caution...

Published 29 Jul, 2022 06:14am

Europe

Berlin monuments fall dark to save energy

BERLIN: The city of Berlin started switching off spotlights illuminating its historic monuments as part of a ...

Published 29 Jul, 2022 06:14am

USA

Former Republicans, Democrats form new political party

LOS ANGELES: Dozens of former Republican and Democratic officials announced on Wednesday a new national political...

Published 29 Jul, 2022 06:14am

NA speaker accepts resignation of 11 PTI members

ISLAMABAD: Speaker National Assembly Raja Pervaiz Ashraf accepted the resignations of 11 members of the Pakistan...

Published 29 Jul, 2022 06:14am

Govt wants decision on PTI foreign funding case announced: Kaira

ISLAMABAD: Adviser to the Prime Minister on Kashmir Affairs and Gilgit-Baltistan Qamar Zaman Kaira on Thursday...

Published 29 Jul, 2022 06:14am

SECP issues draft companies regulations, 2022

ISLAMABAD: In order to facilitate the corporate sector in complying with the applicable regulatory requirements, the...

Published 29 Jul, 2022 06:14am

Danish envoy visits NUST, interacts with faculty, students

ISLAMABAD: The Ambassador of Denmark to Pakistan, Her Excellency Ms Lis Rosenholm visited National University of...

Published 29 Jul, 2022 06:14am

DGIP will now report to FBR member

ISLAMABAD: The Federal Board of Revenue (FBR) has directed the Directorate General of Immovable Property to now...

Published 29 Jul, 2022 06:14am

Minister inaugurates Data Dissemination KIOSK

ISLAMABAD: Minister for Planning and Development, Ahsan Iqbal inaugurated the Data Dissemination KIOSK. Dr Naeemuz...

Published 29 Jul, 2022 06:14am

China Pakistan Economic Corridor: Shehbaz for unlocking full potential of massive project

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday underlined the government’s commitment to unlock the full...

Published 29 Jul, 2022 06:14am

Appointment of judges: JCP decision be released publicly: Justice Isa

ISLAMABAD: Justice Qazi Faez Isa on Thursday stressed that Judicial Commission of Pakistan’s (JCP) decisions made...

Published 29 Jul, 2022 06:14am

Meta to keep facing Apple privacy pinch, TikTok heat for now

BENGALURU: Stiff competition from TikTok and Apple Inc’s privacy changes will remain a cause for concern for...

Published 29 Jul, 2022 06:14am

Army pilot, family members killed as car falls into river

SKARDU: Seven members of a family, including a newly-married army aviation officer, lost their lives after their car...

Published 29 Jul, 2022 06:14am

Companies

OMEGA: space exploration continues

KARACHI: Together with brand ambassadors, Victor Vescovo and Charlie Duke, OMEGA has once again voyaged into the...

Published 29 Jul, 2022 06:14am

The Weather

KARACHI: The weather report on Thursday (July 28, 2022) and the forecast for Friday (July 29, 2022)...

Published 29 Jul, 2022 06:14am

Imran cancels Lahore visit

LAHORE: Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan cancelled his scheduled trip to Lahore on Thursday due to...

Published 29 Jul, 2022 06:14am

357 killed, 408 injured, 52 bridges swept away in flash floods

ISLAMABAD: Flash floods triggered by monsoon rains in Pakistan while causing countrywide death and destruction so ...

Published 29 Jul, 2022 06:14am

Marriyum links severe floods to climate change

ISLAMABAD: Federal Minister for Information and Broadcasting Marriyum Aurangzeb, while expressing serious concerns...

Published 29 Jul, 2022 06:14am

By-polls on one NA and two PA seats announced

ISLAMABAD: Election Commission of Pakistan (ECP) on Thursday announced by-elections, on September 11, on two out of...

Published 29 Jul, 2022 06:14am

PARTLY FACETIOUS: Zardari sahib is back from Dubai

“Aik Zardari sub pay bhari…I suppose translated it means Zardari is heavier than anyone else though in actual...

Published 29 Jul, 2022 06:14am

The tax gap

In a recent disclosure, the Chairman Federal Board of Revenue (FBR) admitted that tax gap of Pakistan is Rs 3,000...

Published 29 Jul, 2022 06:14am

Global economic players’ dismal policy action

International Monetary Fund (IMF) recently released the July 2022 update of one of its flagship reports ‘World...

Published 29 Jul, 2022 06:14am

Hint of a Fed pause opens door to Asia’s emerging markets

As the United States pushes ahead with its steepest interest rate hikes in a generation, investors are unusually...

Published 29 Jul, 2022 06:14am

Financial inclusion for entrepreneurship

The majority of people in developing economies do not have bank accounts, creating an inequitable economic world ...

Published 29 Jul, 2022 06:14am

Stocks

India’s Nifty, Sensex hit 3-month high

BENGALURU: India’s blue-chip stock indexes hit a three-month closing high on Thursday, led by a surge in Bajaj...

Published 29 Jul, 2022 06:14am

Stocks

STOXX 600 ends earnings-heavy day

LONDON: Europe’s STOXX 600 index closed near a seven-week high on Thursday, boosted by a slew of upbeat earnings...

Published 29 Jul, 2022 06:14am

Stocks

Oil prices, solid earnings boost major Gulf markets; Abu Dhabi retreats

DUBAI: Most major Gulf stock markets ended higher on Thursday buoyed by rising oil prices and solid corporate...

Published 29 Jul, 2022 06:14am

Stocks

Wall Street drops as shrinking economy brings recession closer

NEW YORK: US stock indexes fell on Thursday weighed down by gloomy forecasts from Meta and Qualcomm, while an early...

Published 29 Jul, 2022 06:14am

Stocks

FTSE 100 subdued

LONDON: The UK’s FTSE 100 was subdued on Thursday as mixed earnings and worries about the economic outlook...

Published 29 Jul, 2022 06:14am

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 29 Jul, 2022 06:14am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Thursday (July 28, 2022)....

Published 29 Jul, 2022 06:14am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 29 Jul, 2022 06:14am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (July 28, 2022). ==================================== BR...

Published 29 Jul, 2022 06:14am

Rates

BOARD MEETINGS

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

Published 29 Jul, 2022 06:14am

Stocks

Last date of renunciation/payment

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

Published 29 Jul, 2022 06:14am

Rates

Proposed right issues

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

Published 29 Jul, 2022 06:14am

Rates

Clearing Schedule for T+2 System

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

Published 29 Jul, 2022 06:14am

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 29 Jul, 2022 06:14am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Thursday (July 28, 2022). ======================== OFFER PRICE...

Published 29 Jul, 2022 06:14am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Thursday (July 28, 2022). ======================== OFFER PRICE...

Published 29 Jul, 2022 06:14am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Thursday (July 28, 2022). ======================== OFFER PRICE...

Published 29 Jul, 2022 06:14am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Thursday (July 28, 2022). ======================== OFFER PRICE ...

Published 29 Jul, 2022 06:14am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Thursday (July 28, 2022). ======================== OFFER PRICE 1,384.2350...

Published 29 Jul, 2022 06:14am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Thursday (July 28, 2022). ======================== OFFER PRICE...

Published 29 Jul, 2022 06:14am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Thursday (July 28, 2022). ======================== OFFER PRICE...

Published 29 Jul, 2022 06:14am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Thursday (July 28, 2022). ======================== OFFER PRICE...

Published 29 Jul, 2022 06:14am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Thursday (July 28, 2022). ======================== OFFER PRICE...

Published 29 Jul, 2022 06:14am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Thursday (July 28, 2022). ======================== OFFER PRICE...

Published 29 Jul, 2022 06:14am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Thursday (July 28, 2022). ======================== Offer Price...

Published 29 Jul, 2022 06:14am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Thursday (July 28, 2022). ======================== Offer Price...

Published 29 Jul, 2022 06:14am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Thursday (July 28, 2022). ======================== Offer ...

Published 29 Jul, 2022 06:14am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Thursday (July 28, 2022). ======================== Offer Price...

Published 29 Jul, 2022 06:14am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Thursday (July 28, 2022). ======================== Offer Price ...

Published 29 Jul, 2022 06:14am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Thursday (July 28, 2022). ======================== Offer Price 1,211.4303 Bid...

Published 29 Jul, 2022 06:14am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Thursday (July 28, 2022). ========================...

Published 29 Jul, 2022 06:14am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Thursday (July 28, 2022). ========================...

Published 29 Jul, 2022 06:14am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (July 28, 2022). ========================== KIBOR...

Published 29 Jul, 2022 06:14am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Thursday (July 28, 2022)....

Published 29 Jul, 2022 06:14am

Import of wheat approved: ECC lifts import ban on all items except CBUs, home appliances

Gives approval for an increase in petroleum dealers margin by Rs7 per litre both on petrol and diesel from Rs4.90 per litre and Rs4.13 per litre

Updated 29 Jul, 2022 09:42am

Export-oriented industry: Energy subsidy to be reviewed quarterly

ISLAMABAD: The government has decided for a quarterly review of subsidy available to export industry for both gas...

Updated 29 Jul, 2022 09:19am

MoF depicts a bleak picture of economy

ISLAMABAD: The Finance Division has emphasized the intense need for a successful completion of the International...

Updated 29 Jul, 2022 09:20am

IMF’s ‘pre-conditions’ already met, Senate panel told

ISLAMABAD: A meeting of the Senate Standing Committee on Finance was informed that all the prior conditions of the...

Updated 29 Jul, 2022 10:29am

FY22: Profit repatriation rises to $1.5bn

KARACHI: Foreign investors repatriated some $1.5 billion as profit and dividend on their investments in Pakistan...

Updated 29 Jul, 2022 09:18am

Outlook downgrade: S&P follows in the footsteps of Fitch, Moody’s

ISLAMABAD: S&P Global Ratings (previously Standard and Poor’s) revised the outlook on Pakistan’s long-term...

Updated 29 Jul, 2022 09:08am

Govt will complete its term: PDM

ISLAMABAD: Pakistan Democratic Movement (PDM) President Maulana Fazlur Rehman has said that the coalition government...

Updated 29 Jul, 2022 09:08am

US teetering on brink of recession as GDP contracts in 2Q

WASHINGTON: The US economy unexpectedly contracted in the second quarter, with consumer spending growing at its...

Published 29 Jul, 2022 06:14am

Rates

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	155.74
USD to Swiss Franc / Jan 17	0.91
Pound Sterling to USD / Jan 17	1.22

Stock	Volume
S&P 500 / Jan 16	5,937.34
Nasdaq / Jan 16	19,338.29
Dow Jones / Jan 16	43,153.13
India Sensex / Jan 17	76,671.81
Tokyo Nikkei / Jan 17	38,451.46
Hang Seng / Jan 17	19,567.81
FTSE 100 / Jan 17	8,477.94
Germany DAX 30 / Jan 17	20,852.83

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 16	18,785
Gold 10 Grams PKR / Jan 16	241,941
Crude Oil USD/Barrel / Jan 17	79.09
Gold Spot USD/Ounce / Jan 17	2,713.02
Cotton US¢/pound / Jan 17	67.05
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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