News Archives for Print - 2022-11-27

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Print - 2022-11-27

CTD arrests mastermind in constable murder case

KARACHI: The Counter-Terrorism Department (CTD) Karachi on Saturday arrested the mastermind behind the killing of a...

Published 27 Nov, 2022 06:46am

Excise IB arrests alleged narcotics supplier

PESHAWAR: Excise Intelligence Bureau, Khyber Pakhtunkhwa in a major breakthrough against drug mafia has arrested an...

Published 27 Nov, 2022 06:45am

State’s failure to protect bold journalists criticised

KARACHI: The hapless families of the murdered newsmen on Saturday asked the journalists fraternity to step up the...

Published 27 Nov, 2022 06:43am

APNS delegation meets CM: Punjab govt to complete its term, says Elahi

LAHORE: Punjab Chief Minister Chaudhry Pervaiz Elahi while talking with the All Pakistani Newspapers Society (APNS)...

Published 27 Nov, 2022 06:39am

Dutch court backs squatters in Russian tycoon’s mansion

The elegant house overlooking Amsterdam’s iconic Vondelpark would fit in nicely with its neighbouring dwellings,...

Published 27 Nov, 2022 06:27am

Leopards in Margalla Hills

EDITORIAL: Hemingway wondered what the leopard was seeking whose frozen carcass he found at the snow-covered top of...

Published 27 Nov, 2022 06:22am

Ashrafi calls for joint strategy to counter defamation campaign against army

ISLAMABAD: Prime Minister’s Special Representative for Interfaith Harmony and Middle East Hafiz Muhammad Tahir...

Published 27 Nov, 2022 05:58am

PTI-led govt failed to secure rights of KP province: QWP

PESHAWAR: Qaumi Watan Party (QWP) provincial Chairman Sikandar Hayat Khan Sherpao on Saturday said the Pakistan...

Published 27 Nov, 2022 05:58am

27 Covid cases reported

LAHORE: Pakistan has reported no death in the last 24 hours by novel corona virus as the number of confirmed ...

Published 27 Nov, 2022 05:58am

Officials concerned over new HIV cases

ISLAMABAD: The prevalence of Human Immunodeficiency Virus (HIV) has reached to very serious level and 9,773 new ...

Published 27 Nov, 2022 05:58am

Amir Muqam opens ‘Lok Mela’ in capital

ISLAMABAD: Adviser to Prime Minister for Political, Public Affairs and National Heritage and Culture Engr Amir Muqam...

Published 27 Nov, 2022 05:58am

Pakistan Railways reduces fares of freight trains

LAHORE: Pakistan Railways on Saturday announced to reduce the fares of its freight trains. The decision has been...

Published 27 Nov, 2022 05:58am

Sale of illicit cigarettes on the rise

LAHORE: Despite the increase in tax rates, graphical health warnings and imposing a health levy on cigarettes, the...

Published 27 Nov, 2022 05:58am

IK should call for early polls after returning to assembly: PML-N

ISLAMABAD: Former prime minister Shahid Khaqan Abbasi Saturday made it clear that Pakistan Tehreek-e-Insaf (PTI)...

Published 27 Nov, 2022 05:58am

Governor urges youths to participate in healthy activities

LAHORE: Punjab Governor Muhammad Balighur Rehman said on Saturday that youth should participate in healthy ...

Published 27 Nov, 2022 05:58am

Companies

Education finance pioneer secures $2.6m investment

LAHORE: The first non-banking finance company focusing on affordable education in Pakistan has secured a $2.6 ...

Published 27 Nov, 2022 05:58am

The Weather

KARACHI: The weather report on Saturday (October 26, 2022) and the forecast for Sunday (October 27, 2022)....

Published 27 Nov, 2022 05:58am

IK has failed to mobilise support: PPP leaders

Nayyar Hussain Bukhari claims Imran Khan was unable to gather 30,000 people in Rawalpindi

Updated 27 Nov, 2022 09:50am

PTI chief’s all plans have failed: Maryam

PML-N vice-president says Imran Khan staging one drama after another

Updated 27 Nov, 2022 09:51am

Bilawal quick to gloat at IK’s ordeal

Says Imran's demand from Rawalpindi is to get selected again

Updated 27 Nov, 2022 09:52am

All set for local govt polls in AJK today

All arrangements have been made to conduct the first phase of local government elections in Muzaffarabad division of...

Updated 27 Nov, 2022 06:43pm

Eight die on Italian island after landslide

ROME: At least eight people died on Saturday after heavy rains caused a landslide on the Italian island of Ischia,...

Published 27 Nov, 2022 05:58am

A man alone cannot be convicted in offence of fornication: LHC

LAHORE: The Lahore High Court has observed that a male alone cannot be convicted in the offence of fornication and...

Published 27 Nov, 2022 05:58am

Nine terrorists killed in Kohlu IBO: ISPR

ISLAMABAD: At least nine terrorists, associated with proscribed Baloch Liberation Army (BLA), were killed in an...

Published 27 Nov, 2022 05:58am

Dr Yasmin leads PTI convoy from Lahore

LAHORE: Punjab Health Minister and Pakistan Tehreek-e-Insaf (PTI) Central Punjab President Dr Yasmin Rashid led the...

Published 27 Nov, 2022 05:58am

Religious affairs ministry to introduce legislation on private Umrah firms

ISLAMABAD: Federal Minister for Religious Affairs and Interfaith Harmony Mufti Abdul Shakoor Saturday said that...

Published 27 Nov, 2022 05:58am

Commodities

Prices of essential kitchen items rise

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

Published 27 Nov, 2022 05:58am

Application of slag in steel, other industries

The steel industry of Pakistan has been facing a number of challenges including but not limited to import of raw...

Published 27 Nov, 2022 05:58am

The changing face of Riyadh

“Saudi Arabia’s Vision for the future - it is an ambitious yet achievable blueprint, which expresses our...

Published 27 Nov, 2022 05:58am

Letters

‘An economic slide’

This is apropos a Business Recorder op-ed “An economic slide” carried by the newspaper recently. The writer, Ali...

Published 27 Nov, 2022 05:58am

Commodities

Practical steps being taken to achieve wheat production target: official

LAHORE: “After Corona, food security has become the first priority in the world. Wheat is our main food crop, ...

Published 27 Nov, 2022 05:58am

Commodities

Malaysian palm oil futures rise

JAKARTA Malaysian palm oil futures rose on Friday on expectation of solid export data and as prices of rival oils...

Published 27 Nov, 2022 05:58am

Commodities

Copper futures slip

LONDON: Copper prices fell on Friday as surging Covid-19 levels and lockdowns in China hit demand and the dollar...

Published 27 Nov, 2022 05:58am

Energy

Oil prices fall as Chinese demand worries linger on

NEW YORK: Oil prices fell 2% on Friday in thin market liquidity, closing a week marked by worries about Chinese...

Published 27 Nov, 2022 05:58am

Energy

VLSFO refining margin

NEW DELHI: Asia’s very low sulphur fuel oil (VLSFO) markets extended gains on Friday as stocks at Europe’s...

Published 27 Nov, 2022 05:58am

Commodities

Arabica coffee rises

LONDON: Arabica coffee futures rose on Friday as the market extended its rebound from last week’s 16-month low,...

Published 27 Nov, 2022 05:58am

Energy

US natural gas drops

NEW YORK: US natural gas futures slipped nearly 2% on Friday on the coming expiration of the front-month contract ...

Published 27 Nov, 2022 05:58am

Commodities

Gold prices retreat on dollar’s advance

NEW YORK: Gold prices retreated on Friday as the US dollar regained some ground, but expectations of less aggressive...

Published 27 Nov, 2022 05:58am

Commodities

Iron ore futures extend rally

SINGAPORE: Dalian iron ore futures edged higher on Friday, extending its rally since recent support measures for...

Published 27 Nov, 2022 05:58am

Commodities

CBOT soyabeans remain nearly unchanged

CHICAGO: Chicago Board of Trade soyabean futures ended a short, choppy trading session unchanged on Wednesday, after...

Published 27 Nov, 2022 05:58am

Commodities

Japanese rubber futures head for weekly loss

SINGAPORE: Japanese rubber futures inched lower on Friday, tracking losses in the Shanghai market, as worries over...

Published 27 Nov, 2022 05:58am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday (November 26, 2022)....

Published 27 Nov, 2022 05:58am

Cotton & Textile

Lacklustre conditions persist on cotton market

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

Published 27 Nov, 2022 05:58am

Rates

Automart: car prices in Karachi

Rates in the week ended Saturday November 26, 2022

Published 27 Nov, 2022 05:58am

Imran’s unresolved difficulty leaves him absolutely frustrated

Instead of marching to Islamabad, he decides to quit all assemblies

Updated 27 Nov, 2022 09:39am

Turkish companies urged to make investments

ISTANBUL: Prime Minister Muhammad Shehbaz Sharif on Saturday stressed upon the Turkish companies to invest in...

Updated 27 Nov, 2022 09:40am

Govt plans to deregulate POL products’ market by 2027

ISLAMABAD: The government has planned to fully deregulate its petroleum products market by 2027 after the ...

Updated 27 Nov, 2022 05:00pm

Rice import: PM thanks Azeri President for 5-year tax holiday

ISLAMABAD: Prime Minister Shehbaz Sharif Saturday thanked Azerbaijan President Ilham Aliyev for approving a...

Updated 27 Nov, 2022 09:40am

PM welcomes prospects of ECO’s outreach to CARs

ISTANBUL: Prime Minister Shehbaz Sharif on Saturday welcomed the prospects of expansion of Economic Cooperation...

Updated 27 Nov, 2022 09:40am

Taxes

Suspected consignments, delinquent staff: FBR endorses DGI&I Sost’s enforcement action

ISLAMABAD: The Federal Board of Revenue (FBR) has fully endorsed the enforcement action of the Directorate General...

Updated 27 Nov, 2022 09:41am

Tax reforms recommendations to FBR: Supertax has successful large businesses: PBC

ISLAMABAD: The Pakistan Business Council (PBC) has observed that the supertax has penalised successful large...

Updated 27 Nov, 2022 09:41am

Energy conservation: stern measures on the cards

ISLAMABAD: The Government is likely to impose excise duties on inefficient fans and bulbs, fix timings for shops, ...

Updated 27 Nov, 2022 09:43am

US bans gear from China’s Huawei and ZTE over security risk

WASHINGTON: US authorities announced a ban Friday on the import or sale of communications equipment deemed “an...

Published 27 Nov, 2022 05:58am

Rice import outcome of meetings with Shehbaz: Aliyev

ISLAMABAD: Azerbaijan President Ilham Aliyev has said that the decision to import rice from Pakistan with tax...

Published 27 Nov, 2022 05:58am

PIA to start Islamabad-Xian-Islamabad direct flights next month

BEIJING: Pakistan International Airlines (PIA) was granted permission by the Civil Aviation Administration of China...

Published 27 Nov, 2022 05:58am

Money & Banking

Payments to Google: SBP rejects allegations

KARACHI: Recent news circulating in some sections of the media that certain payments to Google are stuck at the...

Updated 27 Nov, 2022 09:43am

Money & Banking

Amin urges Dar to ‘direct’ SBP to make payments

ISLAMABAD: Federal IT and Telecom Minister Syed Aminul Haque wrote a letter to Finance Minister Ishaq Dar regarding...

Updated 27 Nov, 2022 09:43am

Taxes

FBR widens probe into tax record leak of COAS, family

LAHORE: The Federal Board Revenue (FBR) on Saturday included three more income tax officers in the investigation of...

Updated 27 Nov, 2022 09:43am

‘Illogical’ accounting standards: LHC issues notice to Secy finance, SECP chairman

ISLAMABAD: The Lahore High Court (LHC) issued notice to the Secretary Finance, and chairman Securities and Exchange...

Published 27 Nov, 2022 05:58am

Industry

FPCCI proposes three-pronged plan for swift social uplift

KARACHI: Irfan Iqbal Sheikh, President FPCCI, has acknowledged progress pertaining to United Nations Sustainable...

Published 27 Nov, 2022 05:58am

Industry

Bilateral trade: Afghan diplomat, KP businessmen agree on coordinated efforts

PESHAWAR: Afghan Consul General Peshawar, Hafiz Mohibullah Shakir and businessmen dealing in Pak-Afghan trade have...

Published 27 Nov, 2022 05:58am

BMP chief assails hike in policy rate

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) on Saturday ...

Published 27 Nov, 2022 05:58am

Reko Diq project’s revival to boost economy: Dar

ISLAMABAD: Federal Minister for Finance and Revenue Ishaq Dar said the revival of Reko Diq project will give a ...

Published 27 Nov, 2022 05:58am

Incorrigible FBR

EDITORIAL: A ‘unique scam involving tax officials’ unearthed by the Federal Tax Ombudsman (FTO), according to a...

Published 27 Nov, 2022 05:58am

Industry

UBG welcomes decision of NA body on commerce

KARACHI: The Members of United Business Group and Trade Bodies across Pakistan have hailed the decision of the...

Published 27 Nov, 2022 05:58am

Industry

Envoy urges traders to visit Ethiopia, explore opportunities there

ISLAMABAD: Ambassador of Ethiopia Jemal Beker Abdula here on Saturday urged Islamabad business fraternity to join in...

Published 27 Nov, 2022 05:58am

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
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

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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