News Archives for Print - 2022-10-22

<<>>

Print - 2022-10-22

Government plans to promote e-vehicles, says PM

ISLAMABAD: Prime Minister Shehbaz Sharif Friday said the government was planning to promote the use of electric...

Published 22 Oct, 2022 07:02am

Pakistani couple arrested in Spain over daughter’s killing

MADRID: Police in Spain said Friday they have arrested a Pakistani couple suspected of having killed their own...

Published 22 Oct, 2022 06:59am

Fly Jinnah to commence operations next month

KARACHI: Fly Jinnah, Pakistan’s new low-cost carrier (LCC), on Friday announced to commence its flight operations...

Updated 22 Oct, 2022 11:56am

Dar vows full support to Sindh

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar here on Friday assured the Sindh...

Published 22 Oct, 2022 06:47am

Taxes

Failure to issue tax relief orders: FTO unearths hundreds of cases involving LTOs and RTOs

ISLAMABAD: The Federal Tax Ombudsman (FTO) has unearthed hundreds of cases involving Large Tax Offices (LTOs) and...

Updated 22 Oct, 2022 11:57am

Energy

PD forms body to probe appointment of Dy MD, NTDC

ISLAMABAD: Power Division has constituted four-member Inquiry Committee to probe the matter of appointment of Ali...

Published 22 Oct, 2022 06:42am

ABL’s 9-month PBT grows 50pc to 33bn YoY

LAHORE: Allied Bank Limited is guided by its vision ‘to become a dynamic and efficient bank providing integrated...

Published 22 Oct, 2022 06:34am

Q1 services trade deficit declines 26pc to $647m YoY

KARACHI: The country services trade deficit plunged by 26 percent during the first quarter (July-Sep) of this fiscal...

Published 22 Oct, 2022 06:30am

Energy

Power breakdown incident: Body recommends action against technical teams

ISLAMABAD: The Inquiry Committee on power breakdown of October 13, 2022 has recommended the government to take...

Updated 22 Oct, 2022 12:06pm

COAS says will retire next month

ISLAMABAD: Chief of Army Staff (COAS) General Qamar Javed Bajwa has reportedly stated that he will retire on the due...

Published 22 Oct, 2022 06:15am

PDM terms verdict a victory of entire nation

ISLAMABAD: Pakistan Democratic Movement (PDM) chief Maulana Fazlur Rehman, Friday, while welcoming the Election...

Published 22 Oct, 2022 06:09am

JI demands ‘better’ public transport facilities for women

KARACHI: Jamaat-e-Islami (JI) Karachi chapter here Friday held a ‘women convention’ in the megacity, demanding...

Published 22 Oct, 2022 05:42am

Bilawal says Imran’s disqualification ‘just a beginning’

KARACHI: Foreign Minister Bilawal Bhutto Zardari said on Friday that Imran Khan’s disqualification in Tosha Khana...

Published 22 Oct, 2022 05:42am

NBP organises breast cancer awareness session

KARACHI: National Bank of Pakistan is committed towards the health and wellness of its employees and their...

Published 22 Oct, 2022 05:42am

APNS offers condolence

KARACHI: “Sarmad Ali, President and Nazafreen Saigol Lakhani, Secretary General of the All Pakistan Newspapers...

Published 22 Oct, 2022 05:42am

‘Stabilised economy is priority’

LAHORE: Coordinator to Prime Minster on Commerce and Industry Rana Ihsaan Afzal Khan has said that Prime Minister...

Published 22 Oct, 2022 05:42am

NA informed: 3G and 4G services available to 78pc of country’s population

ISLAMABAD: The National Assembly was informed on Friday that 3G and 4G services are available to 78 percent...

Published 22 Oct, 2022 05:42am

Elahi terms Imran Khan’s disqualification ‘cruel joke’

LAHORE: Terming disqualification of the most popular leader as a cruel joke with the nation, Punjab Chief Minister...

Published 22 Oct, 2022 05:42am

PTI stages demo against Imran Khan’s disqualification

LAHORE: The activists of PTI took to the streets on Friday in protest after the Election Commission of Pakistan...

Published 22 Oct, 2022 05:42am

Small traders urge govt to establish‘furniture city’ in Sargodha

LAHORE: The All Pakistan Chambers of Small Traders has urged the Punjab government to set up a furniture city in...

Published 22 Oct, 2022 05:42am

Imran Khan is ‘a certified thief’: Rana

ISLAMABAD: Interior Minister Rana Sanaullah, on Friday, said that the verdict of the Election Commission of Pakistan...

Published 22 Oct, 2022 05:42am

‘Masjid-e-Nabwi incident’: IHC seeks details of cases against PTI leaders

ISLAMABAD: The Islamabad High Court (IHC), Friday, sought the details of cases registered against Fawad Chaudhary ...

Published 22 Oct, 2022 05:42am

Govt’s appeal against Javed Latif dismissed

LAHORE: The Lahore High Court (LHC) on Friday dismissed an appeal of the Punjab government seeking cancellation of...

Published 22 Oct, 2022 05:42am

‘International School System’ inaugurated in Islamabad

ISLAMABAD: (National Police Foundation) International School System, a private school of world standard has been...

Published 22 Oct, 2022 05:42am

‘Federal govt has not given a single penny to Punjab flood victims’

LAHORE: Punjab government’s spokesperson Musarrat Jamshed Cheema and PTI leader Jamshed Iqbal Cheema called on...

Published 22 Oct, 2022 05:42am

Hindu community celebrates Diwali

LAHORE: The Human Rights and Minorities Affairs (HR&MA) Department Punjab in collaboration with a...

Published 22 Oct, 2022 05:42am

PARTLY FACETIOUS: Truss’ resignation

“Liz Truss has resigned after 45 days; can you ever imagine anyone in this country voluntarily resigning as prime...

Published 22 Oct, 2022 05:42am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday

Published 22 Oct, 2022 05:42am

The Weather

KARACHI: The weather report on Friday (October 21, 2022) and the forecast for Saturday (October 22, 2022)...

Published 22 Oct, 2022 05:42am

It’s a huge relief for nation

Country taken off FATF’s ‘grey’ list

Updated 22 Oct, 2022 09:50am

PM, Bilawal greet nation

ISLAMABAD: Prime Minister Shehbaz Sharif and Foreign Minister Bilawal Bhutto Zardari congratulated the nation over...

Updated 22 Oct, 2022 09:43am

Saudi, China agree to strengthen energy cooperation

DUBAI: Saudi Arabia’s energy minister Prince Abdulaziz bin Salman and the director of China’s National Energy...

Updated 22 Oct, 2022 09:46am

Turkey says not right for US to pressure Saudi Arabia

ISTANBUL: Turkish Foreign Minister Mevlut Cavusoglu said on Friday it was not right for the United States to ...

Updated 22 Oct, 2022 09:45am

PPAs: DFC concerned at delays

ISLAMABAD: The United States International Development Finance Corporation (DFC) has raised concerns about the delay...

Updated 22 Oct, 2022 09:50am

SPI inflation up 0.35pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI) based inflation for the week ended on October 20, recorded an ...

Updated 22 Oct, 2022 09:47am

Rates

Stock market edges up

KARACHI: Pakistan Stock Exchange Friday witnessed a rangebound session as political ambiguity caused the market to...

Published 22 Oct, 2022 05:42am

ADB board approves $1.5bn financing

ISLAMABAD: The Asian Development Bank (ADB) has approved $1.5 billion in financing to help the government of ...

Updated 22 Oct, 2022 09:44am

Fitch cuts long-term forex IDR to ‘CCC+’

ISLAMABAD: Fitch Ratings has downgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to...

Updated 22 Oct, 2022 09:46am

Q1 govt external borrowing climbs to $2.234bn

Contrary to past practices, the EAD has also listed the loans taken from the IMF

Updated 22 Oct, 2022 11:50am

Imran Khan disqualified in Toshakhana reference

ISLAMABAD: The electoral body has disqualified Chairman Pakistan Tehreek-e-Insaf (PTI) and former prime minister...

Updated 22 Oct, 2022 09:45am

PTI vows to challenge ECP verdict

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leadership on Friday strongly criticised the Election Commission of...

Updated 22 Oct, 2022 09:45am

Commodities

Gold prices drop

KARACHI: Gold prices on Friday lost some value on the local market, traders said. They dropped by Rs500 to Rs147400...

Published 22 Oct, 2022 05:42am

Cotton & Textile

Cotton spot rate stable

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Friday kept the spot rate unchanged at Rs...

Published 22 Oct, 2022 05:42am

Energy

No loadshedding in Lahore: Lesco

LAHORE: The Lahore Electric Supply Company (Lesco) has declared city of Lahore load shedding free for the time being...

Published 22 Oct, 2022 05:42am

No more concessions from global lenders

The Finance Minister Ishaq Dar on his recent visit to Washington could not apparently get concessions from the...

Published 22 Oct, 2022 05:42am

The next wave

Since Covid-19 first appeared on the scene it is as if we are living in a dream; a nightmare to be more precise. Our...

Published 22 Oct, 2022 05:42am

As US Treasuries tumble, some investors say turning point is near

Some investors believe Treasury yields are close to peaking, even as markets continue pricing in more hawkishness...

Published 22 Oct, 2022 05:42am

A week really is a long time in UK politics

Liz Truss came to 10 Downing Street vowing to be a “disruptor”. She U-turned on almost everything else, but that...

Published 22 Oct, 2022 05:42am

Digital census at last

EDITORIAL: Whatever hiccup or procedural oversight led the Economic Coordination Committee (ECC) of the Cabinet to...

Published 22 Oct, 2022 05:42am

‘Obsolete connectors’

EDITORIAL: While it is a little surprising that the investigation report into last week’s power blackout reached...

Published 22 Oct, 2022 05:42am

Grains

AGSCAA hails govt’s wheat import through Gwadar port move

KARACHI: A meeting of All Gwadar Shipping Clearing Agents Association (AGSCAA) was held at Finance & Trade...

Published 22 Oct, 2022 05:42am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday

Published 22 Oct, 2022 05:42am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (October 21, 2022)....

Published 22 Oct, 2022 05:42am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (October 21, 2022)....

Published 22 Oct, 2022 05:42am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 22 Oct, 2022 05:42am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday

Published 22 Oct, 2022 05:42am

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 22 Oct, 2022 05:42am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday

Published 22 Oct, 2022 05:42am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday

Published 22 Oct, 2022 05:42am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday

Published 22 Oct, 2022 05:42am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Friday

Published 22 Oct, 2022 05:42am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday

Published 22 Oct, 2022 05:42am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday

Published 22 Oct, 2022 05:42am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday

Published 22 Oct, 2022 05:42am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday

Published 22 Oct, 2022 05:42am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday

Published 22 Oct, 2022 05:42am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Friday

Published 22 Oct, 2022 05:42am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Friday

Published 22 Oct, 2022 05:42am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Friday

Published 22 Oct, 2022 05:42am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Friday

Published 22 Oct, 2022 05:42am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Friday

Published 22 Oct, 2022 05:42am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Friday

Published 22 Oct, 2022 05:42am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Friday

Published 22 Oct, 2022 05:42am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Friday

Published 22 Oct, 2022 05:42am

Industry

Iranian products’ fair to be held in Karachi: CG

KARACHI: Hassan Nourian, the Consul General of Iran in Karachi Friday said that a single country exhibition of...

Published 22 Oct, 2022 05:42am

Industry

FCCI offers support to FDCMA

FAISALABAD: Faisalabad Dyes & Chemicals Merchant Association (FDCMA) must contemplate and launch joint ventures...

Published 22 Oct, 2022 05:42am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular