News Archives for Print - 2023-01-01

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Print - 2023-01-01

LG polls: PTI urges IHC to initiate proceedings against CEC

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Ali Nawaz Awan on Saturday requested Islamabad High Court (IHC) to...

Updated 01 Jan, 2023 12:24pm

Winter Youth Sports Festival begins

PESHAWAR: A colorful Winter Youth Sports Festival kicks off with the joint collaboration of Director Youth Khyber...

Published 01 Jan, 2023 03:14am

Two labourers killed in coal mine blast

Blast caused by a gas explosion, resulting in the death of two coal mine workers and leaving one injured as well

Updated 01 Jan, 2023 10:12am

Sardar Jaffer Leghari passes away

LAHORE: Veteran politician Sardar Jaffer Khan Leghari died of heart attack in Lahore on Saturday morning. Sardar...

Published 01 Jan, 2023 03:14am

Polls only way to end crises in country: Dr Yasmin

LAHORE: Punjab Health Minister Dr Yasmin Rashid warned that the default risk of Pakistan was imminent amid dwindling...

Published 01 Jan, 2023 03:14am

PCB announces free entry in 2nd Pak-NZ Test

LAHORE: The Pakistan Cricket Board (PCB) has announced free entry for spectators at the second test match between...

Published 01 Jan, 2023 03:14am

Pakistan moving into 2023 without any default: analyst

KARACHI: The year 2022 while bidding farewell with some unpleasant memories, has brought some good news too that is...

Updated 01 Jan, 2023 01:16pm

Hafiz Naeem slams PPP govt for increasing street crimes in Karachi

KARACHI: Jamaat-e-Islami (JI) Karachi Ameer Hafiz Naeem ur Rehman has said that another innocent youth gunned down ...

Published 01 Jan, 2023 03:14am

Flour crisis grip Sukkur, adjoining areas

SUKKUR: Flour crisis has intensified in Sukkur and adjoining areas as the commodity is being sold at Rs140 per kg in...

Published 01 Jan, 2023 03:14am

Covid infections down in Pakistan: Spain imposes Covid tests for China arrivals

ISLAMABAD: The number of everyday Covid-19 tests has spiked in Pakistan as it registered another dozen corona virus...

Published 01 Jan, 2023 03:14am

173,615 cases pending with LHC by year end

LAHORE: As many as 173615 cases were pending with the Lahore High Court on December 31, 2022 after disposal of ...

Published 01 Jan, 2023 03:14am

LUMS holds conference on sustainable development

ISLAMABAD: The first day of “Pathways to Development: Equitable and Sustainable Growth in Pakistan” saw prominent...

Published 01 Jan, 2023 03:14am

Charles Tyrwhitt opens first store in Pakistan

ISLAMABAD: Charles Tyrwhitt, a British multi-channel clothing retailer specializing in Dress Shirts, Ties, Suits,...

Published 01 Jan, 2023 03:14am

Ahsan vows to steer country out of economic quagmire

LAHORE: Expressing resolve to steer the country out of prevailing economic situation, Federal Minister for Planning,...

Published 01 Jan, 2023 03:14am

Winter season: domestic consumers bracing for more gas outages

ISLAMABAD: Domestic consumers are bracing for long hours of gas outages as they are receiving supplies for only ...

Published 01 Jan, 2023 03:14am

Punjab govt seals restaurant for tax default

LAHORE: The Punjab government has become active against the defaulters of sales tax on services throughout the...

Published 01 Jan, 2023 03:14am

Bilawal condoles death

ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari expressed his grief and sorrow over the passing away of former...

Published 01 Jan, 2023 03:14am

PM condoles death of former Pope Benedict

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Saturday expressed his deep grief over the death of former Pope...

Published 01 Jan, 2023 03:14am

JUI’s APC today

PESHAWAR: All Parties’ Conference (APC) called by Jamiat Ulelma-e-Islam Fazl (JUIF) would be held on Sunday at...

Published 01 Jan, 2023 03:14am

NA Speaker greets nation on new year

ISLAMABAD: Speaker National Assembly Raja Pervez Ashraf has said that Pakistan is destined for progress and...

Published 01 Jan, 2023 03:14am

Imran terms ECP ‘B team’ of ‘imported govt’

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has lamented the Election Commission of Pakistan (ECP) ...

Published 01 Jan, 2023 03:14am

Soldier martyred, four terrorists killed in Jani Khel, Bannu

RAWALPINDI: A soldier of Pakistan Army embraced martyrdom on Saturday whereas four terrorists were killed by the...

Published 01 Jan, 2023 03:14am

Mohtasib’s order upheld: Alvi chides SLICP for denying insurance claim to widow

ISLAMABAD: While upholding the orders of the Wafaqi Mohtasib to pay life insurance claim to the widow of a...

Published 01 Jan, 2023 03:14am

NDMA chief meets CM Punjab

LAHORE: Chairman National Disaster Management Authority (NDMA) Lieutenant General Inam Haider Malik met with the...

Published 01 Jan, 2023 03:14am

EU ban on PIA to be lifted soon: spokesperson

KARACHI: The ban imposed by the European Union on Pakistan International Airlines (PIA) flight operations is...

Published 01 Jan, 2023 03:14am

Modern treatment of enlarged prostate glands ‘Rezum’ introduced

LAHORE: For the first time in Pakistan, the latest method called-REZUM has been introduced for the treatment and...

Published 01 Jan, 2023 03:14am

UAF underlines research work to boost productivity

FAISALABAD: University of Agriculture Faisalabad Prof Dr Iqrar Ahmad Khan has urged the agricultural scientists to...

Published 01 Jan, 2023 03:14am

Islamabad: 24 cellphones, 47 vehicles snatched

ISLAMABAD: The heavily-guarded capital city witnessed an increase in mobile phone snatching and motor vehicle thefts...

Published 01 Jan, 2023 03:14am

COAS underscores need for evolving national consensus to deal with economic, security challenges

ISLAMABAD: Chief of Army Staff (COAS) General Asim Munir on Saturday said that Pakistan is passing through one of ...

Published 01 Jan, 2023 03:14am

MDA fires over 100 employees

KARACHI: Malir Development Authority (MDA) on Saturday sacked more than 100 employees from their jobs. As per...

Published 01 Jan, 2023 03:14am

USC to provide essential commodities on subsidised rates from today

ISLAMABAD: The Utility Stores Corporation (USC) under Prime Minister Relief Package would provide subsidized...

Published 01 Jan, 2023 03:14am

Alkhidmat organises medical camp in jail

KARACHI: Alkhidmat Karachi has recently conducted a free medical camp to check and treat skin diseases in prisoners...

Published 01 Jan, 2023 03:14am

Sharjeel to issue legal notice to Fawad

KARACHI: Sindh Information Minister Sharjeel Inam Memon has announced to send a legal notice to Pakistan...

Published 01 Jan, 2023 03:14am

CM says no ‘terrorist’ can now shut down Karachi

KARACHI: Sindh Chief Minister Murad Ali Shah has asserted that no “terrorist” can now shut down Karachi, ...

Published 01 Jan, 2023 03:14am

PCB restores regional, district bodies, service organizations

LAHORE: Pakistan Cricket Board (PCB)’s Management Committee, which met here at the National High Performance...

Published 01 Jan, 2023 03:14am

Bilawal tells candidates for LG polls: IK caused immense harm to country’s economy

KARACHI: Foreign Minister and Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari said on Saturday that...

Published 01 Jan, 2023 03:14am

Seizure of bank accounts of Askar Oil, others: LHC describes FIA’s action as ‘a clear transgression’

LAHORE: The Lahore High Court set aside a letter issued by the FIA to the banks for seizure of the bank accounts of...

Published 01 Jan, 2023 03:14am

The Weather

KARACHI: The weather report on Saturday (December 31, 2022) and the forecast for Sunday (January 01, 2023)....

Published 01 Jan, 2023 03:14am

Sell-off programme: SME Bank delisted for lack of positive feedback from bidders, CCoP told

ISLAMABAD: The Privatisation Commission has informed the Cabinet Committee on Privatisation (CCoP) that positive...

Updated 01 Jan, 2023 10:06am

POL products’ prices kept unchanged

ISLAMABAD: Finance Minister Ishaq Dar has announced that the government has decided to maintain the existing prices...

Updated 01 Jan, 2023 10:07am

President urges nation to work for country’s progress

ISLAMABAD: President Dr Arif Alvi has stressed upon the nation to renew its journey of transforming Pakistan into a...

Updated 01 Jan, 2023 10:07am

FBR misses Dec target: Rs225bn revenue shortfall

ISLAMABAD: The Federal Board of Revenue (FBR) has suffered a massive revenue shortfall of Rs 225 billion during...

Updated 01 Jan, 2023 10:07am

Imported hybrid steam boiler subject to 11pc duty: FBR

ISLAMABAD: The customs classification committee of the Federal Board of Revenue (FBR) has declared that the imported...

Updated 01 Jan, 2023 10:07am

PTI files contempt petition against ECP

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) Saturday filed a contempt petition against the Election Commission of...

Updated 01 Jan, 2023 10:09am

LG polls in Islamabad: PML-N defends ECP’s decision

PML-N leadership says they respect the court’s orders but holding the polls overnight was not possible

Updated 01 Jan, 2023 10:04am

Raw materials of steel sector: MoF, SBP urged to instruct commercial banks to prioritise LCs

ISLAMABAD: The documented steel sector has asked the Ministry of Finance and the State Bank of Pakistan (SBP) to...

Updated 01 Jan, 2023 10:09am

SHC dismisses petitions challenging tax on foreign assets

ISLAMABAD: The Sindh High Court (SHC) has dismissed the petitions challenging the levy of tax on foreign assets of a...

Updated 01 Jan, 2023 10:09am

CNG stations in Peshawar, Mardan closed for one month

CNG stations situated in both divisions to remain closed to ensure a sufficient supply of gas to domestic consumers

Updated 01 Jan, 2023 10:11am

TLA with KIA Corp: SECP drops winding-up proceedings against Dewan Motors

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has dropped the winding-up proceedings ...

Updated 01 Jan, 2023 10:08am

13 Moroccans drown trying to reach Spanish territory

RABAT: The bodies of 13 Moroccans were recovered after their boat sank off the country’s southern coast while...

Published 01 Jan, 2023 03:14am

Voters form queues but ECP staff nowhere to be seen

Islamabad high court (IHC) ordered to hold LG elections in the federal capital on December 31

Updated 01 Jan, 2023 10:12am

Citgo may face new upheaval under Venezuela’s political changes

Oil refiner Citgo Petroleum could face supervisory board shakeups leading to a review of its plans following...

Published 01 Jan, 2023 03:14am

Makers to raise drug prices in US this month

Drugmakers including Pfizer Inc, GlaxoSmithKline PLC, Bristol Myers Squibb , AstraZeneca PLC and Sanofi SA plan to...

Published 01 Jan, 2023 03:14am

Sustaining exports –decarbonization

Pakistan’s exports-based economy is heavily reliant upon its textile sector. More than 60% of the country’s...

Published 01 Jan, 2023 03:14am

Passing of a legend

EDITORIAL: Even those who have little interest in football know his name. Pele, who has died at the age of 82, is...

Published 01 Jan, 2023 03:14am

Kabul: Yet another anti-women action

EDITORIAL: Obsessed with the idea of controlling women the Afghan Taliban have been putting all sort of restrictions...

Published 01 Jan, 2023 03:14am

Covid again

EDITORIAL: The last thing the country needs as it tries to survive political brinkmanship, economic collapse,...

Published 01 Jan, 2023 03:14am

Letters

The changing health scene

This is apropos a Business Recorder op-ed “Healthcare: the healing touch can’t be felt through high-tech gear”...

Published 01 Jan, 2023 03:14am

Survey shows sharp increase in prices of wheat flour, chicken

ISLAMABAD: The wheat flour and chicken prices have witnessed a significant increase during this week past against ...

Published 01 Jan, 2023 03:14am

Energy

US natgas hits 10-month lows

NEW YORK: US natural gas futures on Friday slipped to a 10-month low on forecasts for warmer weather, yet the...

Published 01 Jan, 2023 03:14am

Commodities

Coal, gas lead 2022 commodities rally; recession clouds New Year

SINGAPORE: Coal and natural gas markets were poised on Friday to end 2022 with strong gains after a global energy...

Published 01 Jan, 2023 03:14am

Energy

Gasoil, jet fuel margins gain

SINGAPORE: Asia’s 10-ppm sulphur gasoil and jet fuel margins posted gains for the second consecutive year helped ...

Published 01 Jan, 2023 03:14am

Energy

Asia Fuel Oil: Refining margins to log yearly fall on higher Russia supplies

SINGAPORE: Asia’s fuel oil refining margins were set for annual declines, data showed on Friday, amid higher...

Published 01 Jan, 2023 03:14am

Commodities

ICE canola futures lower

CHICAGO: ICE canola futures ended lower on Friday as declines in US soyoil futures dragged the market down,...

Published 01 Jan, 2023 03:14am

Commodities

Iron ore futures rally

MANILA: Iron ore futures climbed on Friday, with the Dalian benchmark vaulting to a more than six-month high and on...

Published 01 Jan, 2023 03:14am

Commodities

Japanese rubber futures decline

SINGAPORE: Japanese rubber futures dipped on Friday, on track to post their first annual decline since 2018 as ...

Published 01 Jan, 2023 03:14am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday (December 31, 2022)....

Published 01 Jan, 2023 03:14am

Cotton & Textile

Cotton spot rate up by Rs300 per maund

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) increased the spot rate by Rs 300 per maund...

Published 01 Jan, 2023 03:14am

Rates

Automart: car prices in Karachi

Rates in the week ended Saturday December 31, 2022

Published 01 Jan, 2023 03:14am

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	155.80
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 21	6,049.24
India Sensex / Jan 21	75,838.36
Tokyo Nikkei / Jan 21	39,604.71
Nasdaq / Jan 21	19,756.78
Hang Seng / Jan 21	19,872.36
FTSE 100 / Jan 21	8,548.29
Dow Jones / Jan 21	44,025.81
Germany DAX 30 / Jan 21	21,042

Item	Value
Crude Oil USD/Barrel / Jan 21	75.89
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Gold Spot USD/Ounce / Jan 21	2,749.13
Cotton US¢/pound / Jan 21	67.43
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Jan 22 The Pakistan General Insurance Co. Ltd.(PKGI)	9.46 ▲ 0.96 (11.29%)
Leather Up Ltd. / Jan 22 Leather Up Limited(LEUL)	27.57 ▲ 2.51 (10.02%)
Calcorp Ltd / Jan 22 Calcorp Limited(CASH)	36.30 ▲ 3.30 (10.00%)
Olympia Mills / Jan 22 Olympia Mills Limited(OML)	39 ▲ 3.35 (9.40%)
Pak Engineering / Jan 22 Pakistan Engineering Company Limited(PECO)	728.99 ▲ 57.77 (8.61%)
Ask.Gen.Insur. / Jan 22 Askari General Insurance Company Limited(AGIC)	32.80 ▲ 2.52 (8.32%)
Rafhan Maize / Jan 22 Rafhan Maize Products Company Limited(RMPL)	9,950 ▲ 755.06 (8.21%)
JDW Sugar / Jan 22 JDW Sugar Mills Limited(JDWS)	919.90 ▲ 68.21 (8.01%)
AL-Noor Sugar / Jan 22 Al-Noor Sugar Mills Limited(ALNRS)	79.85 ▲ 4.93 (6.58%)

Stock	Price
Ellcot Spinning / Jan 22 Ellcot Spinning Mills Limited(ELSM)	108 ▼ -12.00 (-10.00%)
Khyber Textile / Jan 22 Khyber Textile Mills Limited(KHYT)	475 ▼ -51.08 (-9.71%)
Faisal Sp. / Jan 22 Faisal Spinning Mills Limited(FASM)	340 ▼ -29.90 (-8.08%)
Dewan Automotive Eng. / Jan 22 Dewan Automotive Engineering Limited(DWAE)	38.10 ▼ -2.45 (-6.04%)
Ali Asghar / Jan 22 Ali Asghar Textile Mills Limited(AATM)	46.05 ▼ -2.06 (-4.28%)
Equity Modaraba / Jan 22 First Equity Modaraba(FEM)	3.40 ▼ -0.14 (-3.95%)
JS Bank Ltd / Jan 22 JS Bank Limited(JSBL)	10.50 ▼ -0.40 (-3.67%)
Pakistan Cables / Jan 22 Pakistan Cables Limited(PCAL)	181.01 ▼ -6.63 (-3.53%)
Arif Habib Ltd. / Jan 22 Arif Habib Limited(AHL)	66.50 ▼ -2.40 (-3.48%)

Stock	Volume
Cnergyico PK / Jan 22 Cnergyico PK Limited(CNERGY)	114,034,653 ▼ -0.04
Bank Makramah / Jan 22 Bank Makramah Limited(BML)	69,476,357 ▼ -0.05
WorldCall Telecom / Jan 22 Worldcall Telecom Limited(WTL)	64,227,770 ▼ -0.02
Fauji Cement / Jan 22 Fauji Cement Company Limited(FCCL)	53,698,225 ▲ 0.30
Citi Pharma Ltd / Jan 22 Citi Pharma Ltd.(CPHL)	23,402,152 ▼ -0.67
Lotte Chemical / Jan 22 Lotte Chemical Pakistan Limited(LOTCHEM)	23,042,045 ▲ 0.17
Ghani Chem. Ind. / Jan 22 Ghani Chemical Industries Limited(GCIL)	21,938,589 ▼ -0.11
Power Cement / Jan 22 Power Cement Limited(POWER)	21,682,567 ▲ 0.01
B.O.Punjab / Jan 22 The Bank of Punjab(BOP)	14,838,637 ▼ -0.05

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