News Archives for Print - 2022-11-14

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Print - 2022-11-14

Avari Hotel entertains guests with Jamaican themed dinner

LAHORE: On Saturday, 12th November 2022, Avari Hotel Lahore entertained the guests with taste of the Jamaican theme...

Published 14 Nov, 2022 08:12am

PC initiates study on future development scenario

ISLAMABAD: The Planning Commission (PC) has initiated a comprehensive study on the future development scenario...

Published 14 Nov, 2022 08:08am

Spurious pesticides, fertilizers seized in Multan

LAHORE: On the special instructions of Chief Minister, Punjab Agriculture Department conducted operations across the...

Updated 15 Nov, 2022 05:23pm

PMC successfully conducts MDCAT exams

ISLAMABAD: Pakistan Medical Commission (PMC) on Sunday has successfully conducted a single-day Medical and Dental...

Published 14 Nov, 2022 08:04am

PFC urges govt, private sectors to raise forest cover

ISLAMABAD: Pakistan Furniture Council on Sunday urged the government and private sectors to join hands for raising...

Published 14 Nov, 2022 08:03am

OIC Mission opens at new premises in Kabul

ISLAMABAD: The new premises of the Organization of Islamic Cooperation (OIC) Mission was inaugurated in Kabul on...

Published 14 Nov, 2022 08:01am

Go Fund organises third free eye camp

FAISALABAD: Go Fund UK organised its third free eye camp at Narwala Bungalow where free operations with free lenses...

Published 14 Nov, 2022 07:59am

AGP detects losses of over Rs1.191bn in KPRA accounts

PESHAWAR: The Auditor General of Pakistan (AGP) has detected losses to the tune of Rs 1191.28 million in various...

Updated 14 Nov, 2022 10:41pm

Deadly Istanbul blast condemned

ISLAMABAD: President Dr Arif Alvi, Prime Minister Shehbaz Sharif and Foreign Minister Bilawal Bhutto Zardari have...

Published 14 Nov, 2022 07:56am

Taxes

Jul-Oct KP E&T Dept collection rises 15pc to 1.18bn YoY

PESHAWAR: Excise & Taxation Department, Khyber Pakhtunkhwa has surpassed the revenue collection target by 15%...

Published 14 Nov, 2022 07:53am

Fact Check: How to spot impostor Twitter accounts

WASHINGTON: The rollout of Twitter’s subscription service has prompted a string of accounts impersonating public...

Published 14 Nov, 2022 07:50am

Companies

Insurance giant Allianz reports third-quarter profits

FRANKFURT: German insurance giant Allianz reported third-quarter profits on Wednesday thanks to a strong performance...

Published 14 Nov, 2022 07:45am

Companies

ArcelorMittal net profit plummets

PARIS: ArcelorMittal, the world’s number-two steel maker, saw its net profit tumble by 78 percent in the third...

Published 14 Nov, 2022 07:40am

Companies

Luxury group Richemont posts $786m loss

ZURICH: Swiss luxury giant Richemont posted a loss of 766 million euros ($786 million) Friday in the six months to...

Published 14 Nov, 2022 07:38am

Companies

SoftBank posts Q2 net profit after Alibaba share sales

TOKYO: Japan’s SoftBank Group on Friday posted a net profit in the second quarter, with big gains from its recent...

Published 14 Nov, 2022 07:32am

Apple limits file-sharing for Chinese iPhone users after anti-govt protest

BEIJING: Apple limited file-sharing for Chinese iPhone users Thursday, a month after reports that anti-government...

Published 14 Nov, 2022 07:29am

Companies

Emirates airline back in profit after Covid losses

DUBAI: Emirates has bounced back into the black after its losses during the pandemic, the airline said on Thursday,...

Published 14 Nov, 2022 07:25am

Companies

Nissan hikes forecasts on weak yen despite falling unit sales

TOKYO: Nissan on Wednesday upgraded its full-year profit forecasts, as the depreciating yen helps inflate its...

Published 14 Nov, 2022 07:22am

Biden says US, Japan, South Korea are ‘more aligned than ever’ on North Korea

PHNOM PENH: The United States, Japan and South Korea are “more aligned than ever” on North Korea’s...

Published 14 Nov, 2022 07:19am

Europe

Ukraine’s Kherson races to restore power, water after Russian retreat

KHERSON, (Ukraine): Utility companies in Kherson were working to restore critical infrastructure damaged and mined ...

Published 14 Nov, 2022 07:17am

Yellen believes sanctions on Russia could extend beyond Ukraine war’s end

NEW YORK: US Treasury Secretary Janet Yellen said some sanctions on Russia could remain in place even after any...

Published 14 Nov, 2022 07:15am

Middle East

Iran charges more than 750 people for involvement in ‘riots’

TEHRAN: Iran’s judiciary has charged more than 750 people in three provinces for participating in “recent...

Published 14 Nov, 2022 07:13am

Middle East

Khamenei sends delegation to strife-torn Sistan-Baluchistan

TEHRAN: A delegation from Iran’s supreme leader Ayatollah Ali Khamenei expressed sadness and promised solutions in...

Published 14 Nov, 2022 07:10am

Middle East

Iran president ratifies controversial Belgium prisoner treaty

TEHRAN: Iran’s President Ebrahim Raisi on Sunday ratified a prisoner exchange treaty with Belgium, official media...

Published 14 Nov, 2022 07:08am

Europe

Hundreds of thousands rally to defend Madrid public healthcare

MADRID: Hundreds of thousands of demonstrators rallied in Madrid on Sunday in defence of the region’s primary care...

Published 14 Nov, 2022 07:06am

Taxes

Britain warns tax hikes coming after Truss fiasco

LONDON: The UK government on Sunday warned of impending tax hikes, especially for the wealthy, as it bids to repair...

Published 14 Nov, 2022 07:01am

Energy

Mozambique begins LNG exports

MAPUTO: Mozambique has started exporting liquefied natural gas (LNG) produced in the country’s restive north,...

Published 14 Nov, 2022 06:58am

Commodities

Prices of essential food items remain high in Peshawar

PESHAWAR: Prices of vegetables, pulses, live chicken/ meat, flour, cooking oil, sugar and other daily-use items have...

Published 14 Nov, 2022 06:56am

USA

Six dead after vintage planes collide at Texas air show

DALLAS: Six people were dead after two vintage military planes collided midair on Saturday and crashed in flames...

Published 14 Nov, 2022 06:54am

Iran slams ‘shameful’ Macron remarks after he met dissidents

TEHRAN: Iran on Sunday criticised a recent meeting between the French president and opponents of the Islamic...

Published 14 Nov, 2022 06:44am

South Asia

Taliban ban Afghan women from gyms and public baths

KABUL: Gyms and public baths are now also off limits to Afghan women, the Taliban confirmed Sunday, days after...

Published 14 Nov, 2022 06:42am

Health secretary visits examination centres

LAHORE: Health Secretary Dr Ahmed Javed Qazi visited various MDCAT examination centres including Board of...

Published 14 Nov, 2022 05:55am

Flood victims: Governor lauds role of NGOs in rehabilitation work

LAHORE: Dr. Amjad Saqib, Founder and Chairman of Akhuwat Foundation, Kamran Shams, Salim Ranjha, Rana Tariq, Dr....

Published 14 Nov, 2022 05:55am

Mother’s milk can protect children against life-threatening diseases: expert

LAHORE: Lahore General Hospital’s Postgraduate Medical Institute (PGMI) Principal Prof Dr Al-Fareed Zafar has said...

Published 14 Nov, 2022 05:55am

People with dengue fever vulnerable to liver damage, seminar told

LAHORE: People sickened by dengue virus develop dengue fever, a weeklong bout of joint and muscle pain. But many who...

Published 14 Nov, 2022 05:55am

Flour smuggling attempt foiled

FAISALABAD: The district administration by taking timely action foiled the attempt to smuggle 13 tons of flour worth...

Published 14 Nov, 2022 05:55am

Discussion on China’s fintech model held on IBA’s main campus

KARACHI: China Study Centre COMSATS Islam-abad and China Study Centre Institute of Business Administration (IBA)...

Published 14 Nov, 2022 05:55am

Over 15,000 candidates take MDCAT at LUMHS

HYDERABAD: The Medical & Dental College Admissions Test (MDCAT) for the admission in the course of MBBS and BDS...

Published 14 Nov, 2022 05:55am

JI to launch mass contact drive

KARACHI: Jamaat-e-Islami (JI) Karachi chief Engr Hafiz Naeemur Rehman on Sunday claimed that the Pakistan People...

Published 14 Nov, 2022 05:55am

NLC sets up stall at IDEAS venue

KARACHI: The National Logistics Cell (NLC) has completed its preparations for the upcoming IDEAS 2022 exhibition,...

Published 14 Nov, 2022 05:55am

Govt to help NGOs trying to improve environment: Tessori

KARACHI: Sindh Governor, Kamran Khan Tessori, has said the government will do its best to help out the...

Published 14 Nov, 2022 05:55am

The Weather

KARACHI: The weather report on Sunday (November 13, 2022) and the forecast for Monday (November 14, 2022)....

Published 14 Nov, 2022 05:55am

Rates

PSX witnesses bullish trend

KARACHI: Pakistan Stock Exchange witnessed bullish trend during the outgoing week ended on November 11, 2022 due to...

Published 14 Nov, 2022 05:55am

Rates

Futures spread up 349bps

KARACHI: The futures spread increased by 349bps to 17.54 on the last day of the outgoing week. Trading activities ...

Published 14 Nov, 2022 05:55am

Pakistan-Russia oil deal soon, says Dar

ISLAMABAD: Finance Minister Ishaq Dar has listed the coalition government’s feats in resolving the oil-related...

Updated 14 Nov, 2022 10:11am

Taxes

FBR clarification

ISLAMABAD: While Federal Board of Revenue(FBR) appreciates and acknowledges the importance of direct taxes and...

Updated 14 Nov, 2022 10:04am

Rates

PKR largely stable

KARACHI: The rupee remained largely stable during the previous week, appreciating 0.12% against the US dollar to...

Published 14 Nov, 2022 05:55am

Industries: gas suspension decision resented

KARACHI: Industrial Association of Pakistan on Sunday rejected the notice of no gas supply to industries. According...

Updated 14 Nov, 2022 10:04am

CSC, PCFA hold seminar on 20th congress of Chinese party

PESHAWAR: A Seminar on “the significance of the 20th National Congress of the CCP and the re-election of President...

Published 14 Nov, 2022 05:55am

Keynote address at IPU event: Global community’s inaction barring path to resilient future: Sherry

SHARM EL-SHEIKH: Federal Minister for Climate Change Senator Sherry Rehman on Sunday said the world at the global...

Published 14 Nov, 2022 05:55am

Sanjrani condemns Istanbul blast

ISLAMABAD: Chairman Senate, Muhammad Sadiq Sanjrani has severely condemned the loss of life in the Taqsim Square,...

Published 14 Nov, 2022 05:55am

‘FIR issue’: PTI MPs to file pleas in SC: Fawad

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry said that on Monday (today) his party lawmakers ...

Published 14 Nov, 2022 05:55am

Alvi, Shehbaz praise ‘fighting spirit’ of cricket team

ISLAMABAD: President Dr Arif Alvi and Prime Minister Shehbaz Sharif praised the fighting spirit of Pakistan cricket...

Published 14 Nov, 2022 05:55am

PWCTA plans to hold single-country exhibition in Canada

ISLAMABAD: President of Pakistan Western Canada Trade Association (PWCTA) has decided to organize a single-country...

Published 14 Nov, 2022 05:55am

Pakistan votes against draft calling for death penalty moratorium at UN

UNITED NATIONS: A committee of UN General Assembly has adopted a western draft resolution calling for a moratorium ...

Published 14 Nov, 2022 05:55am

Nepra chief commends KE’s Roshni Baji programme

KARACHI: Nepra chairman Tauseef H Farooqi commended the second cohort of KE’s Roshni Baji programme for their...

Published 14 Nov, 2022 05:55am

Market flooded with smuggled cigarettes, reveals survey

ISLAMABAD: Pakistani markets are once again flooded with smuggled and non-duty paid cigarettes with no tax stamps,...

Published 14 Nov, 2022 05:55am

Role of science for peace, welfare questionable, claims Mehtab Rashidi

HYDERABAD: Renowned writer, academician, and former member of Sindh Assembly, Mehtab Akbar Rashidi has said that ...

Published 14 Nov, 2022 05:55am

Zardari condemns blast in Istanbul

ISLAMABAD: Former President of Pakistan and President Pakistan People’s Party Parliamentarians, Asif Ali Zardari...

Published 14 Nov, 2022 05:55am

Energy

Business community hails gas rationing for domestic consumers

ISLAMABAD: The business community, while hailing decision of natural gas rationing for domestic consumers, urged the...

Updated 15 Nov, 2022 03:55am

Insurance firms urged to reduce health card charges

KARACHI: In the issuance of Health Cards which is an important component of ‘Health Support Services,’ the...

Published 14 Nov, 2022 05:55am

Gas Engineering Lab opened at UET, Peshawar

PESHAWAR: A Gas Engineering Laboratory was inaugurated at the Department of Chemical Engineering, University of...

Published 14 Nov, 2022 05:55am

CPEC projects to be executed on fast-track basis: Chinese diplomat

LAHORE: Chinese Consul General in Lahore Zhao Shiren on Sunday said that Chinese leadership is ready to work jointly...

Published 14 Nov, 2022 05:55am

GCU Faisalabad listed among 600 best universities

FAISALABAD: Government College University Faisalabad got the honour of being included in the 600 best universities...

Published 14 Nov, 2022 05:55am

Governor visits market, interacts with shopkeepers, customers

KARACHI: Sindh Governor Mohammed Kamran Khan Tessori visited a market of Akhtar Colony where he interacted with...

Published 14 Nov, 2022 05:55am

83,142 candidates take MDCAT at 25 centres in Punjab

LAHORE: As many as 83,142 candidates including 52,874 females and 30,268 males appeared in the Medical and Dental...

Published 14 Nov, 2022 05:55am

Punjab ombudsman approves sewerage scheme

LAHORE: On the orders of the Ombudsman Punjab Maj Azam Suleman Khan (retd), the local government and community...

Published 14 Nov, 2022 05:55am

Move afoot to declare Punjab and California ‘Sister States’

LAHORE: There are plans afoot for an agreement to declare the province of Punjab and the State of California in the...

Published 14 Nov, 2022 05:55am

Cotton & Textile

Weekly Cotton Review: Spot rate remains stable amid low business volume

KARACHI: Prices of cotton overall remained stable in local and international markets. Assistant Director Agriculture...

Published 14 Nov, 2022 05:55am

The CPEC

The China Pakistan Economic Corridor (CPEC) began amidst much fanfare in 2015 subsequent to the visit of the Chinese...

Updated 14 Nov, 2022 06:25am

Environmental sustainability under EU’s GSP+ – I

Pakistan’s export performance data and progress by the World Bank indicates that the country’s exports have...

Updated 14 Nov, 2022 06:29am

Despite crisis, UK’s Blackpool keeps the lights on

At this time of year, the British coastal resort of Blackpool shows its best face by night, when one million LED...

Updated 14 Nov, 2022 06:34am

Letters

The plight of the common man

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan has been repeatedly claiming that “we [the PTI] government left...

Published 14 Nov, 2022 05:55am

Stocks

Wall Street Week Ahead: Soaring US tech stocks leave some investors doubtful rebound will last

NEW YORK: Hopes that inflation is subsiding are fueling a surge in battered technology and megacap stocks, though...

Published 14 Nov, 2022 05:55am

Stocks

Most Gulf bourses in black

DUBAI: Most stock markets in the Gulf ended higher on Sunday with Saudi Arabian shares snapping three sessions of...

Published 14 Nov, 2022 05:55am

Stocks

Euro zone bond market flashes recession signal

LONDON: The euro zone government bond market on Friday delivered the clearest sign yet that Germany, the region’s...

Published 14 Nov, 2022 05:55am

Stocks

Nasdaq, S&P 500 end sharply higher, fueled by inflation optimism

NEW YORK: The S&P 500 and Nasdaq ended sharply higher on Friday, extending a rally started the day before after ...

Published 14 Nov, 2022 05:55am

Stocks

FTSE 100 slips

LONDON: UK’s export-oriented FTSE 100 fell on Friday, hurt by a stronger sterling after data showed a...

Published 14 Nov, 2022 05:55am

Rates

YOUR RUPEE LAST MONTH

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last month (October 03 to...

Published 14 Nov, 2022 05:55am

Rates

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (November 07 to...

Published 14 Nov, 2022 05:55am

G20 finance, health ministers launch pandemic fund

The US contributes $450 million to the fund

Updated 14 Nov, 2022 10:14am

Imran Khan says will no longer ‘blame’ US

LALAMUSA: Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan, who had for months accused America of fomenting a...

Updated 14 Nov, 2022 12:03pm

Revenue shortfall may ‘force’ FBR to tax banking profits as well

If revenue shortfall continues in November 2022, then there is a strong possibility of new taxation measures including a gradual increase in sales tax on petroleum products

Updated 14 Nov, 2022 10:08am

FTX collapse being scrutinized by Bahamas investigators

NEW YORK: The collapse of FTX is the subject of scrutiny from investigators in the Bahamas, who are looking at...

Updated 14 Nov, 2022 10:03am

300MW Gwadar plant: CPPCL unwilling to shift to Thar coal

ISLAMABAD: Chinese company, M/s CIHC Pak Power Company (Pvt.) Limited (CPPCL) is reportedly unwilling to shift...

Updated 16 Nov, 2022 05:11am

PD seeks Rs118.75bn supplementary grant

ISLAMABAD: Petroleum Division has sought Rs 118.75 billion supplementary grant as subsidy and balance available...

Updated 14 Nov, 2022 10:09am

Judiciary urged to stand with nation

LAHORE: Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan has urged Chief Justice of Pakistan (CJP) Justice Umar...

Updated 14 Nov, 2022 10:01am

MBS’s visit postponed due to PTI’s long march: Asif

ISLAMABAD: Defence Minister Khawaja Asif on Sunday claimed that Saudi Crown Prince Mohammad Bin Salman’s visit to...

Updated 14 Nov, 2022 10:11am

Envoy in US exhorts Pakistani-Americans to invest in Pakistan

WASHINGTON: “Pakistani American Tech entrepreneurs can act as a catalyst to accelerate growth and investment in...

Published 14 Nov, 2022 05:55am

Co-financing by AIIB

EDITORIAL: Federal Finance Minister Ishaq Dar tweeted approval of co-financing to the tune of 500 million dollars by...

Updated 14 Nov, 2022 06:23am

The matter of a resignation

EDITORIAL: Our political parties never tire of paying lip-service to democracy and yet disregard basic democratic...

Updated 14 Nov, 2022 06:21am

Money & Banking

Dollar extends fall after inflation data knock

NEW YORK: The dollar fell across the board for a second straight day on Friday, as investors favoured riskier...

Published 14 Nov, 2022 05:55am

Money & Banking

Sterling edges up against weakening dollar

LONDON: Sterling edged higher against a weakening dollar on Friday after British economic data came in stronger than...

Published 14 Nov, 2022 05:55am

Money & Banking

Indian rupee posts best weekly performance

MUMBAI: The Indian rupee surged against the dollar on Friday on expectations of a less hawkish Federal Reserve ...

Published 14 Nov, 2022 05:55am

Money & Banking

Yuan’s long-term strengthening trend will not change

SHANGHAI: China’s yuan exchange rate is decided by market supply and demand, while its long-term strengthening...

Published 14 Nov, 2022 05:55am

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

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