News Archives for Print - 2022-08-22

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Print - 2022-08-22

Industry

Speakers underscore need for tapping into ASEAN market

RAWALPINDI: Thailand can significantly provide economic and trade opportunities to Pakistan by connecting it with ...

Published 22 Aug, 2022 07:52am

KP govt likely to register sedition cases against PDM leaders

PESHAWAR: The government of Khyber Pakhtunkhwa (KP) has decided to file sedition cases against the leadership of the...

Published 22 Aug, 2022 07:50am

Money & Banking

South Korean founder of failed Terra coin admits he was ‘wrong’

SEOUL: The co-founder of the failed Terra cryptocurrency, which collapsed and wiped out about $40 billion of...

Published 22 Aug, 2022 07:47am

Islamabad police deny withdrawal of security of Imran

ISLAMABAD: The capital police on Sunday dubbed the news of withdrawing police security from Pakistan Tehreek-e-Insaf...

Published 22 Aug, 2022 07:46am

Middle East

On track: Cairo metro employs Egypt’s first women train drivers

CAIRO: As it prepares to expand to serve a population now exceeding 20 million, the Cairo metro has recruited...

Published 22 Aug, 2022 07:43am

Companies

Carlsberg posts loss after Russia exit

COPENHAGEN: Carlsberg reported a loss for the first half of the year on Wednesday as the Danish brewer’s decision...

Published 22 Aug, 2022 07:42am

Companies

Walmart results top estimates as inflation alters consumer behavior

NEW YORK: Walmart scored a big jump in revenues partly driven by inflation but the retail giant faces increasing...

Published 22 Aug, 2022 07:38am

Companies

CEO of Israeli Pegasus spyware firm to step down

JERUSALEM: Israel’s NSO Group, which makes Pegasus spyware that is controversial worldwide, said Sunday its CEO ...

Published 22 Aug, 2022 07:37am

Companies

Mining giant BHP records decade-high profit, buoyed by coal

SYDNEY: Australian mining firm BHP revealed Tuesday that its profits jumped nearly 40 percent in the past year...

Published 22 Aug, 2022 07:36am

Asia

Disappeared Chinese-Canadian tycoon jailed for 13 years

SHANGHAI: A Chinese-Canadian tycoon who disappeared from a Hong Kong hotel five years ago has been sentenced to 13...

Published 22 Aug, 2022 07:34am

Leaders of US, UK, France, Germany discuss Iran nuclear issue

LONDON: The leaders of the United States, Britain, France and Germany discussed efforts to revive the 2015 Iran...

Published 22 Aug, 2022 07:32am

Imran Khan accuses govt of ‘blocking YouTube to censor’ his speech

KARACHI: Former prime minister Imran Khan accused the government of temporarily blocking YouTube in the country on...

Published 22 Aug, 2022 07:30am

Africa

Angolan opposition leader says one-party state is ‘big cancer’ of society

LUANDA: The leader of Angola’s main opposition party UNITA accused the government on Sunday of establishing an...

Published 22 Aug, 2022 07:29am

Energy

Italian manufacturers cut output to save energy

MILAN: Energy-intensive industries in Italy are modifying their production to save energy as they struggle with...

Published 22 Aug, 2022 07:26am

Industry

KP govt urged to take steps towards revival of sick units

PESHAWAR: Business community in Khyber Pakhtunkhwa asked the government to take pragmatic steps to revive sick and...

Published 22 Aug, 2022 07:22am

Russian missiles hit Ukraine’s Odesa region as war nears half-year mark

MOSCOW: Artillery shells rained down on a city close to Europe’s biggest nuclear plant overnight and Russian...

Published 22 Aug, 2022 07:21am

Europe

British dock workers latest to join summer of strikes

LONDON: Workers at Britain’s biggest container port, Felixstowe, on Sunday began an eight-day strike over pay, in...

Published 22 Aug, 2022 07:17am

Stocks

Iran stock exchange suspends largest steel-maker after fraud claims

TEHRAN: Tehran’s stock exchange has suspended Iran’s largest steel-maker from trading following a parliamentary...

Published 22 Aug, 2022 07:13am

Ministry completes 3,564 low-cost houses of WWF, 18,499 of AF

ISLAMABAD: The Ministry of Housing and Works has completed as many as 3,564 low cost housing units of the Workers...

Published 22 Aug, 2022 07:11am

Housing societies ‘eating up’ fertile agricultural land

MULTAN: Agriculture, being the mainstay of Pakistan’s economy, is faced with numerous challenges and development ...

Published 22 Aug, 2022 07:09am

Hyderabad division declared calamity-hit

HYDERABAD: The Sindh Government has declared the entire Hyderabad division, which consists of 9 districts, as the...

Published 22 Aug, 2022 06:59am

Balochistan declares emergency for health department

QUETTA: Secretary Health Department Balochistan Hafiz Muhammad Tahir has imposed emergency in the health department...

Published 22 Aug, 2022 06:57am

Imran Khan addresses Liaquat Bagh rally

ISLAMABAD: Chairman Pakistan Tehreek-e-Insaf (PTI) and former Prime Minister Imran Khan has warned that Pakistan...

Published 22 Aug, 2022 06:55am

First Lady distributes rickshaws among persons with disabilities

KARACHI: First Lady Begum Samina Arif Alvi Sunday here distributed rickshaws among persons with disabilities. The...

Published 22 Aug, 2022 06:55am

AJK premier urges federal govt to provide required grant of budget

MUZAFFARABAD [AJK]: Azad Jammu and Kashmir Prime Minister Sardar Tanveer Ilyas Khan on Sunday requested the federal...

Published 22 Aug, 2022 06:51am

SU suspends academic activities till 30th

JAMSHORO: The University of Sindh Jamshoro has suspended academic activities till August 30 on its all campuses due...

Published 22 Aug, 2022 06:33am

Traders pledge to employ rehabilitated drug addicts

PESHAWAR: The trading community of Peshawar has pledged to provide employment to 475 detoxified drug addicts to...

Published 22 Aug, 2022 06:33am

Islamabad police vow to take action against threats, false allegations

ISLAMABAD: Islamabad police on Sunday vowed action as per law against those threatening police or making false...

Published 22 Aug, 2022 06:33am

Recorded speeches to be aired with delay mechanism: PEMRA effectively bans live telecast of Imran’s speeches

ISLAMABAD: Pakistan Electronic Media Regulatory Authority (PEMRA) on Sunday clarified that it had imposed ban on ...

Published 22 Aug, 2022 06:33am

38 bids to smuggle wheat, flour foiled

RAWALPINDI: The Food Department Rawalpindi and district police while foiling 38 bids to smuggle wheat and flour...

Published 22 Aug, 2022 06:33am

728 have died so far in rains and floods, says NDMA report

ISLAMABAD: As of August 20, as many as 728 people have died due to recent rains and floods across the country, the...

Published 22 Aug, 2022 06:33am

CM visits Matiari district to monitor relief efforts

HYDERABAD: Sindh Chief Minister Syed Murad Ali Shah on Sunday directed that immediate provision of shelter, tents ...

Published 22 Aug, 2022 06:33am

PM grieved over death of Nayyara Noor

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Sunday expressed his deep grief over death of renowned singer...

Published 22 Aug, 2022 06:33am

PM extends condolences over loss of lives in Türkiye

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Sunday extended condolences to President Recep Tayyip Erdogan,...

Published 22 Aug, 2022 06:33am

Princess of Jordan Sarah Zeid arrives

KARACHI: The Princess of Jordan Sarah Zeid, who is also the World Food Program (WFP) Ambassador and Special Advisor...

Published 22 Aug, 2022 06:33am

AIOU to close admissions today

ISLAMABAD: Allama Iqbal Open University (AIOU) has set August 22 (Monday) as the last day of admissions in...

Published 22 Aug, 2022 06:33am

Railways leased out 4,687 acres of land in four years

ISLAMABAD: Pakistan Railways has leased out around 4,687 acres of its land during the last four years with the aim ...

Published 22 Aug, 2022 06:33am

Retrieving occupied properties: ETPB, FIA directed to set up coordination mechanism

ISLAMABAD: The Supreme Court’s One-Man Commission (OMC) on Minority Rights has expressed serious concerns over ...

Published 22 Aug, 2022 06:33am

Train schedule goes awry due to extreme weather conditions

LAHORE: Pakistan Railways has yet not succeeded in maintaining the train schedule affected due to continued...

Published 22 Aug, 2022 06:33am

PIA offers discounts to students travelling between Pakistan, China

BEIJING: Pakistan International Airlines (PIA) has offered discounts of 10 per cent for Pakistani students on ...

Published 22 Aug, 2022 06:33am

Govts have been depriving women of their rights: JI

LAHORE: Chief of Jamaat-e-Islami Sirajul Haq has said the ruling parties have kept deprived women from their rights...

Published 22 Aug, 2022 06:33am

PAF relief operation continues in flood-hit areas

ISLAMABAD: In the current unprecedented monsoon rain spell, Pakistan Air Force continued to provide humanitarian...

Published 22 Aug, 2022 06:33am

Railways suspends trains for flood-hit Balochistan

ISLAMABAD: The flood-hit Balochistan province has lost rail link with the rest of the country. Most of the roads...

Published 22 Aug, 2022 06:33am

Balochistan establishes Flood Relief, Rehabilitation Fund

QUETTA: The Balochistan government has set up a ‘Balochistan Flood Relief and Rehabilitation Fund’ to collect...

Published 22 Aug, 2022 06:33am

Censor boards decline to approve Indian Punjabi films

ISLAMABAD: The censor boards of provinces have declined to pass five Indian Punjabi comedy films which had earlier...

Published 22 Aug, 2022 06:33am

Flood-hit areas of DG Khan, Rajanpur: Police rescue 2,200 people, 840 cattle

LAHORE: Police officers engaged in relief activities in the flood-affected areas of Dera Ghazi Khan and Rajanpur ...

Published 22 Aug, 2022 06:33am

Europe

Record two thirds of Germans unhappy with Chancellor Scholz: survey

BERLIN: Around two thirds of Germans are unhappy with the work of German Chancellor Olaf Scholz and his fractious...

Published 22 Aug, 2022 06:33am

Asia

Japan PM tests positive for Covid-19, symptoms mild

TOKYO: Japanese Prime Minister Fumio Kishida has tested positive for Covid-19, his office said Sunday, a week before...

Published 22 Aug, 2022 06:33am

Middle East

UAE-backed Yemeni forces seize Shabwa energy sites in tussle with rivals

DUBAI: Yemeni forces backed by the United Arab Emirates have seized energy facilities in Shabwa from another ...

Published 22 Aug, 2022 06:33am

Middle East

Palestinians working in Israel strike over demand for bank accounts

TULKARM, (West Bank): Tens of thousands of Palestinians employed in Israel staged a one-day strike on Sunday in...

Published 22 Aug, 2022 06:33am

What is the impact of Philips’ recall of sleep apnea devices?

CHICAGO: A massive recall of Philips breathing devices in 2021 due to a risk of potential injury has left physicians...

Published 22 Aug, 2022 06:33am

Man City fightback denies Newcastle, Mendy howler rocks Chelsea

LONDON: Manchester City staged a thrilling fightback as the Premier League champions rescued a 3-3 draw against...

Published 22 Aug, 2022 06:33am

Tsitsipas beats Medvedev to book Cincy final clash with Coric

CINCINNATI: Top-ranked Daniil Medvedev committed 11 double-faults in falling to Stefanos Tsitsipas 7-6 (8/6), 3-6,...

Published 22 Aug, 2022 06:33am

Ten Hag should drop Ronaldo and Rashford for Liverpool clash: Rooney

LONDON: Manchester United manager Erik ten Hag can boost his hopes of securing his first Premier League point ...

Published 22 Aug, 2022 06:33am

Warner to revive BBL career with Sydney Thunder

SYDNEY: Big-hitting Australian batsman David Warner Sunday signed a two-year deal with Sydney Thunder, ending a...

Published 22 Aug, 2022 06:33am

Spain’s Mariano Garcia wins men’s European 800m title

MUNICH: Reigning world indoor champion Mariano Garcia of Spain held off Britain’s Jake Wightman to win the men’s...

Published 22 Aug, 2022 06:33am

More matches decided in KP CM’s Football League

PESHAWAR: Two more matches decided in the ongoing Chief Minister Khyber Pakhtunkhwa Football League being played ...

Published 22 Aug, 2022 06:33am

Pakistan edge Netherlands by nine runs in 3rd ODI

ROTTERDAM: Pakistan beat the Netherlands by nine runs despite a brave effort by the home side in the third and final...

Published 22 Aug, 2022 06:33am

Celtic beat Hearts to open up two-point lead over Rangers

GLASGOW: Celtic stretched their perfect start to the Scottish Premiership season to four games with a hard-fought ...

Published 22 Aug, 2022 06:33am

PMIS introduced into 14 KP prisons

PESHAWAR: The provincial government of Khyber Pakhtunkhwa has introduced Prison Management Information System (PMIS)...

Published 22 Aug, 2022 06:33am

FESCO CEO highlights importance of tree plantation

FAISALABAD: Chief Executive Officer Faisalabad Electric Supply Company (FESCO) Engr. Bashir Ahmad said that in ...

Published 22 Aug, 2022 06:33am

The Weather

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

Published 22 Aug, 2022 06:33am

SAP reverted to Cabinet Division

Minister for Planning & Development, Ahsan Iqbal had recommended that the programme be shifted back to the Cabinet Division

Updated 22 Aug, 2022 10:01am

Framework agreement with Denmark: Cabinet sets aside PPRA concerns

ISLAMABAD: The Federal Cabinet has reportedly set aside concerns of Public Procurement Regulatory Authority (PPRA)...

Updated 22 Aug, 2022 09:45am

Flood relief likely to find focus

PM speaks to army chief, NDMA chairman

Updated 22 Aug, 2022 09:36am

PTI retains NA-245 seat thru its Maulvi’s victory

KARACHI: With low turn out in by-polls for Karachi’s NA-245 constituency Pakistan Tehreek-e-Insaf’s (PTI) Mahmood...

Updated 22 Aug, 2022 09:38am

Imran booked for ‘terrorising’ police, woman judge

ISLAMABAD: Islamabad police have registered First Information Report (FIR) against PTI Chairman Imran Khan for...

Updated 22 Aug, 2022 09:37am

Nine soldiers martyred as truck plunges into ravine

MUZAFFARABAD: At least nine soldiers were martyred and four injured when their truck plunged into a ravine in Azad...

Updated 22 Aug, 2022 09:32am

Rates

PSX witnesses positive trend

KARACHI: Pakistan Stock Exchange witnessed positive trend during the outgoing week ended on August 19, 2022 on the...

Published 22 Aug, 2022 06:33am

Rates

Futures spread up 1942bps

KARACHI: The futures spread increased by 1942bps to 19.50 percent on the last day of the outgoing week. Trading...

Published 22 Aug, 2022 06:33am

Adoption of 5G services: Govt likely to allocate band of 700 MHz

ISLAMABAD: The government is likely to allocate the band of 700 MHz for adoption of 5G services in the country, it...

Updated 22 Aug, 2022 09:33am

Superannuation: govt mulling retaining ‘good’ officers

ISLAMABAD: The Federal Cabinet has constituted a committee headed by Minister for Law and Justice Azam Nazir Tarar ...

Updated 22 Aug, 2022 09:55am

HBL to represent country at SCO-IBA Council moot in Tashkent

KARACHI: HBL, the country’s largest bank, will represent Pakistan at the 18th Annual Council Meeting of the Shanghai...

Updated 22 Aug, 2022 09:45am

IHC refers FBR ‘malpractice’ case to FTO

ISLAMABAD: Islamabad High Court (IHC) has referred a case to Dr. Asif Mahmood Jah Federal Tax Ombudsman (FTO) to...

Updated 22 Aug, 2022 09:34am

Singapore to repeal colonial-era law against gay sex: PM

SINGAPORE: Singapore’s Prime Minister Lee Hsien Loong announced Sunday the country will repeal a colonial-era law...

Published 22 Aug, 2022 06:33am

Japan mulls long-range missile upgrades due to China threat

TOKYO: Japan is considering the deployment of more than 1,000 long-range cruise missiles to increase its ability to...

Updated 22 Aug, 2022 09:55am

Pakistan rejects India’s allegations

ISLAMABAD: Pakistan on Sunday “firmly” rejected the “recent spate of false terrorism-related assertions made ...

Published 22 Aug, 2022 06:33am

Rates

Rupee’s rather stable ride

KARACHI: The rupee closed the previous week with a marginal gain of 0.4%, settling at 214.65 against the US dollar ...

Published 22 Aug, 2022 06:33am

Case against Imran Khan under consideration, says Sanaullah

ISLAMABAD: Federal Interior Minister Rana Sanaullah announced on Sunday that federal government was considering to...

Published 22 Aug, 2022 06:33am

Minister visits Hyderabad’s rain-affected areas

HYDERABAD: The Sindh Information Minister Sharjeel Inam Memon said the provincial govt did not want to close...

Published 22 Aug, 2022 06:33am

PMA calls for resolution of PMC issue

KARACHI: Pakistan Medical Association in its Central Council meeting at PMA House Karachi on Sunday urged the ...

Published 22 Aug, 2022 06:33am

Energy

CPEC hydropower project: Last stator frame put in place

BEIJING: The last stator frame at the Suki Kinari hydropower project has been hoisted successfully and lowered into...

Published 22 Aug, 2022 06:33am

SIU arrests 3 members of ‘Khuzdari’ gang

KARACHI: The Special Investigation Unit (SIU) of Crime Investigation Agency (CIA) Karachi on Sunday announced...

Published 22 Aug, 2022 06:33am

Agreement for welfare of patrolling police personnel

FAISALABAD: With the guidance of SSP Patrolling Police Faisalabad Region Mirza Anjum Kamal and the special efforts ...

Published 22 Aug, 2022 06:33am

Energy

OGRA accused of creating unrest among oil marketing firms

LAHORE: Oil and Gas Regulatory Authority is deliberately trying to create unrest among the Oil Marketing Industry by...

Published 22 Aug, 2022 06:33am

Koh-e-Suleman torrents surge after heavy rains

RAJANPUR: Most of the hill torrents originated from Koh-e-Suleman range have become ferocious after heavy spell of...

Published 22 Aug, 2022 06:33am

Power Cement joins ACCA’s community of approved employers

KARACHI: Power Cement Limited is pleased to announce inclusion in ACCA’s 7,800 plus global Approved Employer...

Published 22 Aug, 2022 06:33am

Most districts of Sindh: Heavy rainfall with thunderstorm from Tuesday likely

KARACHI: The Met Office has forecast moderate to heavy rainfall with thunderstorm in most of the districts of Sindh...

Published 22 Aug, 2022 06:33am

‘Karachi Rights March’: JI highlights chronic civic issues of Karachi

KARACHI: A large number of people attended a ‘Karachi Rights March’, organized by the Jamaat-e-Islami (JI)...

Published 22 Aug, 2022 06:33am

Admission to engineering institutions: 6,880 candidates from KP, AJK, GB take entrance test

PESHAWAR: Entrance test for admission to academic programmes of the 2022-23 sessions of the public and private ...

Published 22 Aug, 2022 06:33am

MQM-P challenges Imran’s nomination for Lyari constituency

KARACHI: The MQM-P has challenged the approval of nomination papers of Pakistan Tehreek-i-Insaf (PTI) chairman Imran...

Published 22 Aug, 2022 06:33am

Cotton & Textile

Weekly Review: Cotton spot rate increases by Rs2000

KARACHI: The Spot Rate Committee of the Karachi Cotton Association increased the spot rate by Rs 2,000 per maund and...

Published 22 Aug, 2022 06:33am

Cotton & Textile

Clean cotton picking for handsome price advised

MULTAN: Agriculture Department issued a set of guidelines to farmers advising them to ensure cotton picking sans any...

Published 22 Aug, 2022 06:33am

Mixed trend witnessed in prices of edibles

Commodities

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37
France CAC40 / Dec 17	7,365.70
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	8.02 ▲ 0.91 (12.80%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Diamond Ind. / Dec 18 Diamond Industries Limited(DIIL)	20.90 ▲ 1.90 (10.00%)
Leather Up Ltd. / Dec 18 Leather Up Limited(LEUL)	26.74 ▲ 2.43 (10.00%)

Stock	Price
Equity Modaraba / Dec 18 First Equity Modaraba(FEM)	3.01 ▼ -0.43 (-12.50%)
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	199.88 ▼ -21.05 (-9.53%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.13
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▼ -0.21
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.54
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▼ -0.02
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.85
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.76
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.03
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -3.68
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.27

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