News Archives for Print - 2022-10-02

<<>>

Print - 2022-10-02

Meta to bring annual marketing summit to Pakistan this year

ISLAMABAD: Meta is expanding its annual Marketing Summit to more countries in Asia Pacific this year, which includes...

Published 02 Oct, 2022 05:48am

Europe

‘New era’ as Greece-Bulgaria gas pipeline starts pumping

SOFIA: European Commission President Ursula von der Leyen on Saturday hailed a “new era” as a long-awaited...

Published 02 Oct, 2022 05:48am

UN raises Kabul classroom bombing death toll to 35 as women protest ‘genocide’

KABUL: The death toll of a suicide bombing on a Kabul classroom has risen to 35, the UN said Saturday, as Shia ...

Published 02 Oct, 2022 05:48am

Second Revolutionary Guards colonel killed in Iran clashes

TEHRAN: Iran’s Revolutionary Guards announced on Saturday that another of its senior officers was killed during...

Updated 02 Oct, 2022 12:30pm

Europe

Russia suspends gas to Italy after ‘problem’ in Austria

ROME: Russia’s Gazprom has suspended gas deliveries to Italy’s Eni, blaming a transport problem in Austria, the...

Published 02 Oct, 2022 05:48am

Energy

Murad writes letter to Shehbaz: CM seeks PM’s help over gas supply to JJVL

ISLAMABAD: Sindh Chief Minister Syed Murad Ali Shah has sought prime minister’s help for resumption of gas supply...

Published 02 Oct, 2022 05:48am

Message of Congratulations on the 73rd Anniversary of the Founding of the People’s Republic of China

TEXT: October 1st of this year marks the 73rd anniversary of the founding of the People's Republic of China. On...

Published 02 Oct, 2022 05:48am

CM reviews Model Town case, vows to provide justice to victims

LAHORE: Punjab Chief Minister Chaudhry Pervaiz Elahi on Saturday chaired a meeting, which reviewed the Model Town...

Published 02 Oct, 2022 05:48am

Criminal cases on the rise in capital

ISLAMABAD: A significant increase was seen in criminal cases in the capital, with 131 criminal activities including...

Published 02 Oct, 2022 05:48am

Pakistan condemns extrajudicial killings of Kashmiris

ISLAMABAD: Pakistan on Saturday condemned India’s continued campaign of extrajudicial killings claiming lives of...

Published 02 Oct, 2022 05:48am

PPP supports protesting farmers

LAHORE: The Pakistan Peoples Party (PPP) has supported protesting farmers against the federal government, saying ...

Published 02 Oct, 2022 05:48am

Misconceptions about Transgender Act to be removed, says PPP leader

ISLAMABAD: Pakistan People’s Party (PPP) will defend the Transgender Protection Act 2018 and if needed will also...

Published 02 Oct, 2022 05:48am

Grains

CBOT corn climbs up

CHICAGO: Chicago Board of Trade corn futures climbed on Friday after the US Agriculture Department scaled back its...

Published 02 Oct, 2022 05:48am

Energy

Oil drifts lower

HOUSTON: Oil prices dipped on Friday in choppy trading but notched their first weekly gain in five on Friday,...

Published 02 Oct, 2022 05:48am

Pak embassy in China holds event to create awareness about floods

BEIJING: The Embassy of Pakistan in Beijing held an event in collaboration with the Centre for China and...

Published 02 Oct, 2022 05:48am

Energy

FESCO trying to provide good medical facilities to officers: chairman

FAISALABAD: The Faisalabad Electric Supply Company (FESCO) is striving hard to provide best medical facilities to ...

Published 02 Oct, 2022 05:48am

FDA chief reviews progress made on foreign-funded water scheme

FAISALABAD: Faisalabad Development Authority (FDA) Director General Dr Muhammad Zahid Ikram visited the French Water...

Published 02 Oct, 2022 05:48am

Compromise made under custom of vani is illegal: LHC

LAHORE: The Lahore High Court (LHC) has held that a compromise made under custom of vani is illegal and hence heirs...

Published 02 Oct, 2022 05:48am

Industry

MoU signed by BOI, JETRO Accord to help realise potential of Pak-Japan ties

ISLAMABAD: Federal Minister for Board of Investment and Special Initiatives Chaudhry Salik Hussain has said that...

Published 02 Oct, 2022 05:48am

Industry

Business community members urged to join hands for getting Karachi’s problems solved

KARACHI: Chairman of the Businessmen Group (BMG) and former president of the Karachi Chamber of Commerce and ...

Published 02 Oct, 2022 05:48am

The Rising & Shining China

TEXT: People’s Republic of China is celebrating its 73rd Founding Day. As we greet China’s leadership and ...

Published 02 Oct, 2022 05:48am

Address by State Councilor and Foreign Minister Wang Yi

TEXT: At the High-Level Virtual Meeting of the Group of Friends of The Global Development Initiative | New York, 9...

Published 02 Oct, 2022 05:48am

Farmers’ protest unjustified as demand about power bills has been accepted: Rana

ISLAMABAD: Interior Minister Rana Sanullah on Saturday said that the government is taking seriously the legitimate...

Published 02 Oct, 2022 05:48am

National Day: PM greets Chinese leadership, people

Peaceful rise of China as the second largest economy and a paramount global power is a source of stability in a perpetually changing world, premier says

Updated 02 Oct, 2022 10:28am

Harassment case: Alvi orders removal of Pemra DG, raises fine amount to Rs2.5m

President observed that he took a strong exception and used the full force of the law when such matters were brought to light

Updated 02 Oct, 2022 10:28am

ACCA organises corporate conference in Faisalabad

Conference attended by many prominent names in the corporate sector, as well as leading policymakers and members of the provincial cabinet

Updated 02 Oct, 2022 10:30am

WCLA launches guided tours of old Lahore areas

LAHORE: The Walled City of Lahore Authority (WCLA) on Saturday launched the ‘Wekh Androon Lahore’ (a glance into...

Published 02 Oct, 2022 05:48am

APAPTF announces support for Kissan Ittehad

PESHAWAR: All Pakistan Agricultural Produce Traders’ Federation (APAPTF) has announced full support for the ...

Published 02 Oct, 2022 05:48am

CAD shrinks 19pc in Jul-Aug

KARACHI: Current account deficit and balance of payment crisis are always been two big problems of Pakistan’s...

Published 02 Oct, 2022 05:48am

Recent rains, floods 300 people killed, 9,463 houses damaged across KP: PDMA

PESHAWAR: More than 300 people have died and 9,463 houses were damaged in flood and rain-related incidents in Khyber...

Published 02 Oct, 2022 05:48am

ACC Women’s T20 Asia Cup: Pakistan team ready for first match of tournament today

LAHORE: After undergoing a 10-day camp at the Country Club, Muridke and three days of intense practice and...

Published 02 Oct, 2022 05:48am

Dar, diplomacy & economic viability–II

Pakistan is still relying on the traditional methods to generate foreign exchange. The major export items to the USA...

Published 02 Oct, 2022 05:48am

LGH opens online consultancy services for dengue patients

LAHORE: Online Skype consultancy services for dengue patients have been started at the Lahore General Hospital...

Published 02 Oct, 2022 05:48am

Floods highlight need for identifying environmental issues: SECP chief

KARACHI: The Chairman Securities and Exchange Commission of Pakistan (SECP) Aamir Khan has said that the recent...

Published 02 Oct, 2022 05:48am

Minister urges UAF scientists to draft agri proposals on scientific basis

LAHORE: Punjab Agriculture Minister Syed Hussain Jahania Gardezi has urged the scientists of University of...

Published 02 Oct, 2022 05:48am

PCOS quite common among Pakistani women, say experts

KARACHI: Although over 15 percent girls and women suffer from Polycystic Ovary Syndrome worldwide including Pakistan...

Published 02 Oct, 2022 05:48am

Energy

Joint letter of BMG, KCCI chiefs: Shehbaz urged to call emergency meeting on gas supply issues during winter

KARACHI: Chairman Businessmen Group (BMG) and Former President KCCI Zubair Motiwala and President of KCCI, Muhammad...

Published 02 Oct, 2022 05:48am

Strong US dollar an unstoppable force endangering other currencies

The dazzling rise of the US dollar, which has hit one record after another, is raising fears of a currency crash of ...

Updated 02 Oct, 2022 06:18am

BoE in murky water with qualified ‘whatever it takes’

‘Time-limited’ and ‘whatever it takes’ don’t sit comfortably together. Even if a law of diminishing ...

Updated 02 Oct, 2022 06:17am

Rising to Challenges and Building a Bright Future through Cooperation

TEXT: Keynote Speech by H.E. Xi Jinping | President of the People's Republic of China At the Opening Ceremony of ...

Published 02 Oct, 2022 05:48am

Ride on the Trend of the Times and Enhance Solidarity and Cooperation to Embrace a Better Future

TEXT: Statement by H.E. Xi Jinping, President of the People's Republic of China At the 22nd Meeting of the Council ...

Published 02 Oct, 2022 05:48am

The Weather

KARACHI: The weather report on Saturday (October 01, 2022) and the forecast for Sunday (October 02, 2022)....

Published 02 Oct, 2022 05:48am

Industry

ICCI’s new office-bearers assume charge

ISLAMABAD: Ahsan Zafar Bakhtawari has taken over charge as president, Faad Waeed senior vice president and Muhammad...

Published 02 Oct, 2022 05:48am

Industry

PHMA asks govt to extend concessional energy tariffs scheme

LAHORE: The Pakistan Hosiery Manufacturers and Exporters Association (PHMA) has flayed the government’s decision ...

Published 02 Oct, 2022 05:48am

Industry

‘FCCI should work for social uplift, solving issues of traders’

FAISALABAD: Faisalabad Chamber of Commerce & Industry (FCCI) is actually a ‘mini parliament’ of this city...

Published 02 Oct, 2022 05:48am

Industry

Hytera to deliver modern communications solutions to Thar coalfield

KARACHI: Thar coalfield, the 16th-largest coal reserves in the world, will be equipped with cutting-edge...

Published 02 Oct, 2022 05:48am

Industry

Senate approves Export Import Bank of Pakistan Bill, 2022

ISLAMABAD: Senate session on Friday approved the bill to establish the Export Import Bank of Pakistan for the...

Published 02 Oct, 2022 05:48am

Newspapering: a printed word has its own value

EDITORIAL: To know what happened is an instinctive curiosity to humans. They get the reply through personal...

Updated 02 Oct, 2022 06:23am

Tyre smuggling

EDITORIAL: The way unchecked smuggling is hurting the tyre industry and the local exchequer alike is just another...

Published 02 Oct, 2022 05:48am

Industry

LCCI lauds cut in POL prices, extension in return filing date

LAHORE: The Lahore Chamber of Commerce & Industry on Saturday welcomed the prompt actions by the Federal Finance...

Published 02 Oct, 2022 05:48am

Commodities

After reduction in rates of petroleum products prices of kitchen items start declining

ISLAMABAD: Following a reduction in petrol, diesel, and liquefied petroleum gas (LPG) prices, the prices of ...

Published 02 Oct, 2022 05:48am

Companies

Bank Alfalah partners with Haball to launch digital supply chain lending in country

LAHORE: In line with its mission to provide innovation and convenience to customers, Bank Alfalah has partnered with...

Published 02 Oct, 2022 05:48am

Commodities

Gold prices go up

KARACHI: Gold prices on Saturday closed on an upward note on the local market, traders said. They were up by Rs1000...

Published 02 Oct, 2022 05:48am

Commodities

Gold rises

NEW YORK: Gold rose to a one-week high as the dollar retreated from recent highs on Friday but bullion was headed...

Published 02 Oct, 2022 05:48am

Commodities

Dalian iron ore up

MANILA: Iron ore futures edged higher on Friday, keeping the Dalian benchmark contract on course for its biggest...

Published 02 Oct, 2022 05:48am

Commodities

Tokyo rubber

SINGAPORE: Japanese rubber futures edged lower on Friday, tracking weaker domestic equities and Shanghai market, but...

Published 02 Oct, 2022 05:48am

Commodities

Zinc up

LONDON: Zinc prices climbed on Friday, lifted by fears of further smelter closures owing to high power prices, while...

Published 02 Oct, 2022 05:48am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday (October 01, 2022)....

Published 02 Oct, 2022 05:48am

Cotton & Textile

Cotton market ends week with Rs3,000 loss

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

Published 02 Oct, 2022 05:48am

Industry

Atif Dada elected KCA chairman

KARACHI: Muhammad Atif Dada, Humayun Zafar and Rizwan Iqbal Umer were elected unopposed as Chairman, Senior...

Published 02 Oct, 2022 05:48am

Dar shows resolve to repulse speculative attacks on rupee

Finance Minister says closely monitoring the situation and would take action against speculators if required

Updated 02 Oct, 2022 10:14am

Economic revival: Dar shares key fiscal measures with SBP governor

ISLAMABAD: State Bank of Pakistan (SBP) Governor Jameel Ahmad Saturday called on Federal Minister for Finance and...

Updated 02 Oct, 2022 10:16am

Sept CPI soars 23pc YoY, declines 1.2pc MoM

ISLAMABAD: The Consumer Price Index (CPI) increased to 23.2 percent on year-on-year basis in September 2022 as...

Published 02 Oct, 2022 05:48am

Remarks against woman judge: Arrest warrant issued for Imran Khan

ISLAMABAD: A local court on Saturday issued arrest warrants for Pakistan Tehreek-e-Insaf (PTI) Chief and former...

Updated 02 Oct, 2022 10:17am

Imran asks party workers to expedite preparations for ‘long march’

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan has directed the party workers to expedite ...

Updated 02 Oct, 2022 10:16am

PML-N vows to take leaked audiotapes, purported cypher to logical end

LAHORE: Pakistan Muslim League-Nawaz (PML-N) Saturday expressed resolve to take the issue of audio leaks and cypher...

Updated 02 Oct, 2022 10:16am

China pledges over $90m for flood-hit Pakistan

BEIJING: Chinese Ambassador to Pakistan Nong Rong has asserted that China has so far pledged over $90 million in...

Updated 02 Oct, 2022 10:22am

World rallies in solidarity with Iran protests over Mahsa Amini death

PARIS: Iranians based abroad and their supporters gathered in cities around the world Saturday in solidarity with...

Updated 02 Oct, 2022 10:22am

CPHGC seeks revision in Nepra’s coal price notification

ISLAMABAD: China Power Hub Generation Company (CPHGC) has sought revision in coal price notification of the National...

Updated 02 Oct, 2022 10:20am

FBR working on new tax incentives for Chinese cos

ISLAMABAD: The Federal Board of Revenue (FBR) is working on new tax incentives for Chinese companies including...

Updated 02 Oct, 2022 10:19am

World Bank may allow 22-month extension of NTMP-1 closing date

ISLAMABAD: World Bank (WB) is likely to allow 22 months extension on the closing date of the $425 million National...

Updated 02 Oct, 2022 10:25am

Insurance industry payments against claims in 2021 soar to Rs189bn from Rs170bn in 2020

ISLAMABAD: The insurance industry (life/ non-life insurance companies) has paid claims of Rs189 billion to the...

Published 02 Oct, 2022 05:48am

‘Asset leasing for schools’: ADB to give $0.2m technical assistance

ISLAMABAD: The Asian Development Bank (ADB) will provide technical assistance of around $0.2 million to support the...

Published 02 Oct, 2022 05:48am

Russia abandons Ukrainian bastion, Putin ally suggests nuclear response

KYIV: Russia said on Saturday its troops had abandoned their bastion of Lyman in Ukraine’s east for fear of...

Updated 02 Oct, 2022 10:23am

Industry

Reap chairman asks peers to go for value addition

LAHORE: Rice exporters must go for value addition instead of exporting just rice if they want to materialize the US$...

Published 02 Oct, 2022 05:48am

Energy

New SSGC subsidiary company incorporated

KARACHI: SSGC Alternate Energy (Private) Limited, a fully owned subsidiary company of Sui Southern Gas Company ...

Published 02 Oct, 2022 05:48am

Rates

Automart: car prices in Karachi

Rates in the week ended October 01, 2022

Published 02 Oct, 2022 01:35am

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

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular