News Archives for Print - 2022-11-06

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Print - 2022-11-06

Rates

Automart: car prices in Karachi

Rates in the week ended Saturday November 05, 2022

Published 06 Nov, 2022 04:07am

China doubles down on zero-Covid after reopening rumours boosted markets

BEIJING: China said on Saturday that it would “unswervingly” stick to its zero-Covid policy, dampening the...

Published 06 Nov, 2022 03:44am

Q1 fiscal deficit soars to 1pc of GDP from 0.7pc of GDP YoY

ISLAMABAD: The government has closed the first quarter of the current fiscal year with one percent of GDP fiscal...

Published 06 Nov, 2022 03:44am

Industry

New X-ray-based scanners at ports: FBR required to coordinate with PNRA for health, safety of customs men: report

ISLAMABAD: The Federal Board of Revenue (FBR) is required to coordinate with the Pakistan Nuclear Regulatory...

Published 06 Nov, 2022 03:44am

FPCCI presents award to Zubair Malik for philanthropic work

KARACHI: A Notable Achievement Award for youngest philanthropist Zubair Imam Malik is presented by 10th FPCCI;...

Published 06 Nov, 2022 03:44am

‘Trade suffers from growing cost of shipping, port & logistics’

KARACHI: “Our trade and business is suffering due to immense demonstration of the growing cost of shipping, port,...

Published 06 Nov, 2022 03:44am

Naran receives first snowfall of season

ABBOTTABAD: Naran on Saturday received the first and Babusar Top second snowfall of the winter season while heavy...

Published 06 Nov, 2022 03:44am

‘Deep fake’ technology used to make clip: FIA

ISLAMABAD: The Federal Investigation Agency (FIA) on Saturday claimed that a video of Pakistan Tehreek-e-Insaf (PTI)...

Published 06 Nov, 2022 03:44am

Swati reveals his family’s privacy breached in a video leak

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Senator Azam Swati burst into tears after claiming that a video involving him...

Published 06 Nov, 2022 03:44am

Sindh’s cricketer fined for breaching PCB code of conduct

LAHORE: Sindh’s Mohammad Umar has been fined 30 percent of his match-fee for breaching the PCB Code of Conduct for...

Published 06 Nov, 2022 03:44am

Inflation will be reduced, says Punjab governor

LAHORE: Punjab Governor Muhammad Balighur Rehman said on Saturday that Insha Allah, in the coming days, inflation...

Published 06 Nov, 2022 03:44am

Governor vows to include women chambers in policymaking process

FAISALABAD: Punjab Governor Muhammad Baligh-Ur-Rehman has assured to include women chambers in policy formulation...

Published 06 Nov, 2022 03:44am

PTI leader raises objections to ISPR statement

ISLAMABAD: Senior Pakistan Tehreek-e-Insaf (PTI) leader and former planning minister Asad Umar has tried to give a...

Published 06 Nov, 2022 03:44am

47th anniversary of Beaconhouse Group: 15th edition of events about ‘School of Tomorrow’ launched

KARACHI: Beaconhouse, the country’s largest network of private educational institutions, has launched the 15th...

Published 06 Nov, 2022 03:44am

The Weather

KARACHI: The weather report on Saturday (November 05, 2022) and the forecast for Sunday (November 06, 2022)....

Published 06 Nov, 2022 03:44am

Talks with IMF likely by month-end

ISLAMABAD: Negotiations between Pakistan and the International Monetary Fund (IMF) are expected to be held in the...

Updated 06 Nov, 2022 10:39am

Zardari says PPP won’t allow any attack on institutions

'One man is crossing every line to plunge the country into chaos, Zardari says

Updated 06 Nov, 2022 09:50am

Contempt case: IK urges SC to delay hearing

A five-judge bench, headed by Chief Justice Umar Ata Bandial will hear the case on November 7

Updated 06 Nov, 2022 09:52am

Govt asks Pemra to end ban on IK’s speeches

Prime minister issues directive to PEMRA using the powers granted to the federal government under the law

Updated 06 Nov, 2022 09:54am

Nawaz tells Shehbaz to take ‘quick’ legal action

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif on Saturday asked Prime Minister Shehbaz Sharif...

Updated 06 Nov, 2022 09:49am

PM rejects IK’s allegations with equal vehemence: Urges CJP to form ‘full court judicial commission’

'I do not have the right to remain in my position for even one second if I or others have any role in this conspiracy,' says premier

Updated 06 Nov, 2022 10:45am

FBR proposal to levy 17pc GST on HOBC, RON-97 deferred

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has deferred the Federal Board of Revenue’s...

Updated 06 Nov, 2022 10:51am

Franchise areas: Gas cos asked to install town border stations to cut down UfG

ISLAMABAD: The Petroleum Division has directed both gas companies - Sui Northern Gas Pipelines Limited (SNGPL) and...

Updated 06 Nov, 2022 09:46am

Officers in BS-17 to BS-22: MoC, MoFA to seek approval of executive allowance

ISLAMABAD: The Ministry of Commerce and the Ministry of Foreign Affairs are to seek approval of executive allowance...

Updated 06 Nov, 2022 09:49am

Ehsaas Programme ‘utilization’: ECC asks FD to carry out thorough appraisal

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed the Finance Division to look into...

Updated 06 Nov, 2022 10:42am

PTI men booked for vandalism, assault on public servants

ISLAMABAD: The capital police on Saturday booked Pakistan Tehreek-e-Insaf (PTI) leaders in two different cases over...

Published 06 Nov, 2022 03:44am

PM approves appointment of new envoys to various countries

ISLAMABAD: Prime Minister Shahbaz Sharif on Saturday approved the appointment of new ambassadors of Pakistan for...

Published 06 Nov, 2022 03:44am

Protesters brave rain to condemn attack on IK

ISLAMABAD: Despite heavy rain, a large number of people from the twin cities of Rawalpindi and Islamabad on Saturday...

Published 06 Nov, 2022 03:44am

‘Secret cameras’ installed in judicial complex, claims PTI leader

ISLAMABAD: Hours after Pakistan Tehreek-e-Insaf (PTI) Senator Azam Swati claimed of getting an objectionable video...

Updated 06 Nov, 2022 09:48am

Bilawal, UAE minister agree to deepen cooperation in all fields

ISLAMABAD: Foreign Minister Bilawal Bhutto-Zardari on Saturday held a meeting with Sheikh Abdullah bin Zayed Al...

Published 06 Nov, 2022 03:44am

FIR not registered yet in bid to kill Imran: Qureshi

LAHORE: Pakistan Tehreek-e-Insaf (PTI) vice chairman Shah Mahmood Qureshi said after a lapse of 48 hours, there was...

Published 06 Nov, 2022 03:44am

Sikh pilgrims’ special train derails in Toba Tek Singh

SHORKOT: A special train boarding Sikh pilgrims was derailed near Shor Kot Cantt in Tob Tek Singh on Saturday...

Published 06 Nov, 2022 03:44am

LHC’s former judge passes away

LAHORE: Former judge of Lahore High Court Justice Fakharun Nisa Khokhar passed away in Lahore on Saturday. Funeral...

Published 06 Nov, 2022 03:44am

President, first lady inquire after Imran’s health

LAHORE: President Dr Arif Alvi and First Lady Begum Samina Arif Alvi on Saturday visited Shaukat Khanum Hospital to...

Published 06 Nov, 2022 03:44am

Commodities

Prices of essential kitchen items witness upward trend

ISLAMABAD: The prices of essential kitchen items have witnessed an upward trend during this week past against the...

Published 06 Nov, 2022 03:44am

Crime cases on the rise in ICT

ISLAMABAD: The capital police registered over 85 cases of robberies, burglaries, mobile snatching, and car lifting...

Published 06 Nov, 2022 03:44am

Rain in Sindh likely from tomorrow

KARACHI: Daytime temperatures are likely to fall up to 4 Celsius in Sindh, as rain with thunderstorms is expected...

Published 06 Nov, 2022 03:44am

From Russia with cash: Georgia booms as Russians flee Putin’s war

Georgia is on...

Published 06 Nov, 2022 03:44am

Youth set to grab power roles at COP27

SHARM EL-SHEIKH: Fiji’s Sivendra Michael was just a year old when Pacific island nations first sought help in ...

Published 06 Nov, 2022 03:44am

Money transfers: Promoting legal channels

International remittance channels like ACE Money Transfer and banks with a wide network across Pakistan, like Bank ...

Published 06 Nov, 2022 03:44am

Letters

Immediate general election only solution

Imran Khan, Pakistan Tehrik-e-Insaf (PTI) chief, is resolute, determined, coherent and focused is a fact that has...

Published 06 Nov, 2022 03:44am

Google for Education Tools: The Educators join hands with Tech Valley

KARACHI: The Educators, a network of pre-schools, primary and secondary schools across Pakistan, and a project of...

Published 06 Nov, 2022 03:44am

CCP chairperson directs firms to refrain from entering into RPM arrangements

ISLAMABAD: The Chairperson Competition Commission of Pakistan (CCP) Rahat Kaunain Hassan has directed the...

Published 06 Nov, 2022 03:44am

Commodities

Gold jumps as dollar rally stalls

BENGALURU: Gold prices jumped more than 1% on Friday and were headed for a weekly gain, as the dollar eased, while...

Published 06 Nov, 2022 03:44am

Energy

US natgas futures up on forecasts of colder weather

NEW YORK: US natural gas futures jumped about 7% to a three-week high on Friday at the end of an extremely volatile...

Published 06 Nov, 2022 03:44am

Commodities

CBOT corn advances

CHICAGO: Chicago Board of Trade corn futures ended modestly higher on Friday, following strength in soybeans, crude...

Published 06 Nov, 2022 03:44am

Energy

Oil settles up as further interest rate hikes loom

LODON/MELBOURNE/SINGAPORE: Oil prices settled up by more than 5% on Friday amid uncertainty around future interest...

Published 06 Nov, 2022 03:44am

Commodities

ICE canola futures climb

WINNIPEG, (Manitoba): ICE canola futures climbed on Friday for a fifth straight day, pulled higher by strength in...

Published 06 Nov, 2022 03:44am

Commodities

Copper hits six-week peak on rumours

LONDON: Copper prices vaulted to the highest level in six weeks on Friday as more rumours swirled about China...

Published 06 Nov, 2022 03:44am

Commodities

Asia Coffee: traders await new beans in Vietnam, prices rise in Indonesia

HANOI/BANDAR LAMPUNG: Domestic prices in Vietnam narrowed this week on muted trade, with buyers waiting for fresh...

Published 06 Nov, 2022 03:44am

Commodities

Iron ore turns hot after Oct rout

MANILA: Iron ore futures climbed more than 4% on Friday, solidifying their weekly gains initially driven by earlier...

Published 06 Nov, 2022 03:44am

Commodities

Japanese rubber futures down

SINGAPORE: Japanese rubber futures fell on Friday, tracking losses in the Shanghai market and weaker domestic...

Published 06 Nov, 2022 03:44am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday (November 05, 2022)....

Published 06 Nov, 2022 03:44am

Cotton & Textile

Cotton spot rate increased amid slow business

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

Published 06 Nov, 2022 03:44am

Training workshop concludes at SAU

HYDERABAD: Vice Chancellor of the Sindh Agriculture University Dr Fateh Marri has said that before the development ...

Published 06 Nov, 2022 03:44am

‘Political and social resistance’ Rabbani stresses need for bringing back 1970s-like culture

KARACHI: Senator Mian Raza Rabbani on Saturday stressed the need for restoring the 1970s- and ‘80s-like culture of...

Published 06 Nov, 2022 03:44am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (November 05, 2022). ======================================= ...

Published 06 Nov, 2022 03:44am

Good communication network essential for uplift, says Dar

ISLAMABAD: Federal Minister for Communications Asad Mehmood has informed Finance Minister Ishaq Dar about the...

Updated 06 Nov, 2022 09:46am

PM to jointly chair UN’s COP27 moot

ISLAMABAD: Prime Minister Shehbaz Sharif will jointly chair the United Nations Climate Change Conference – COP27,...

Updated 06 Nov, 2022 09:46am

Nations with AML/CFT deficiencies: Pakistan for removal of its name

ISLAMABAD: Pakistan on Saturday urged the European Union to delist it at the soonest possible from its list of...

Updated 06 Nov, 2022 09:45am

KE seeks restoration of cross-tripping protection system

ISLAMABAD: Karachi Electric (KE) has again sought support from Managing Director, National Transmission and Despatch...

Updated 06 Nov, 2022 12:57pm

Punjab CM announces launch of ‘One Stop Shop Service’ for foreign investors

LAHORE: Chief Minister Punjab Chaudhry Pervaiz Elahi announced that they are launching a ‘One Stop Shop Service’...

Published 06 Nov, 2022 03:44am

Money & Banking

Mobilink Microfinance Bank launches 2nd edition of policy document

ISLAMABAD: Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL), has recently launched the...

Published 06 Nov, 2022 03:44am

Industry

Petition of rice mill allowed: LHC declares auction of petitioner’s properties void

LAHORE: The Lahore High Court allowing a petition of a rice mill observed that auction sale involving a single...

Published 06 Nov, 2022 03:44am

Beijing’s ‘prior conditions’

EDITORIAL: The government waxed eloquent about securing $9 billion or so in Chinese financial support - full of...

Published 06 Nov, 2022 03:44am

Telltale signs of elite capture

EDITORIAL: News that the government has again caved into demands of the powerful zero-rated sectors, also referred ...

Published 06 Nov, 2022 03:44am

Industry

Business community stands united against terrorism, external threat: PBF

KARACHI: Pakistan Businesses Forum (PBF) on Saturday while expressing solidarity with Pakistan armed forces and law...

Published 06 Nov, 2022 03:44am

Taxes

FBR to overcome expected revenue shortfall: chairman

KARACHI: Ruling out the possibilities of a minimum budget in the ongoing financial year, Chairman FBR Asim Ahmed ...

Published 06 Nov, 2022 03:44am

Money & Banking

Bank of AJK: Remittances cross record high of Rs3.5bn

MUZAFFARABAD: Bank of Azad Jammu and Kashmir’s remittances (home remittances) crossed the highest level of 3.5...

Published 06 Nov, 2022 03:44am

Companies

CCP dismisses complaint filed against P&G Pakistan Ltd

ISLAMABAD: The Competition Commission of Pakistan (CCP)’s inquiry report against a leading consumer goods company...

Published 06 Nov, 2022 03:44am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98
Hang Seng / Jan 21	20,098.89
FTSE 100 / Jan 21	8,529.98
Germany DAX 30 / Jan 21	20,988.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Cotton US¢/pound / Jan 21	68.02
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
786 Invest Ltd / Jan 21 786 Investments Limited(786)	10.98 ▲ 1.00 (10.02%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	45.21 ▼ -5.02 (-9.99%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.62 ▼ -1.62 (-8.88%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9 ▼ -0.81 (-8.26%)
Dadabhoy Cement / Jan 21 Dadabhoy Cement Industries Limited(DBCI)	5.10 ▼ -0.43 (-7.78%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	526 ▼ -43.96 (-7.71%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	111,866,059 ▲ 0.44
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	69,297,556 ▲ 0.05
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	64,182,488 ▼ -0.09
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.94
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	51,882,881 ▲ 0.34
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.39
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	23,353,008 ▼ -1.60
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -5.02
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	21,890,802 ▼ -1.62

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