News Archives for Print - 2023-01-15

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Print - 2023-01-15

Iran executes British-Iranian accused of spying, UK condemns ‘barbaric’ act

DUBAI/LONDON: Iran has executed a British-Iranian national who once served as its deputy defence minister, its...

Published 15 Jan, 2023 04:01am

US, Japan sign deal to bolster cooperation on space

WASHINGTON: The US and Japan signed an agreement Friday to further expand space cooperation between the two...

Published 15 Jan, 2023 04:01am

Hundreds of Tunisians rally against economic crisis

TUNIS: Hundreds of Tunisians marched Saturday after opponents of President Kais Saied called for protests over a...

Published 15 Jan, 2023 04:01am

After G7 tour, Japan PM says East Asia could be next Ukraine

WASHINGTON: Japanese Prime Minister Fumio Kishida said Saturday he told Western powers that East Asia could be the...

Published 15 Jan, 2023 04:01am

Commodities

Asia coffee: tepid trade in Vietnam on low price

HANOI/BANDAR LAMPUNG: Coffee trading in Vietnam was sluggish this week as farmers held back from selling coffee ...

Published 15 Jan, 2023 04:01am

Governor declines to sign summary: Punjab PA stands dissolved

Says would rather let the Constitution and law take their own course

Updated 15 Jan, 2023 10:06am

DSP, two constables martyred in Peshawar terrorist attack

Chief Minister Khyber Pakhtunkhwa Mahmood Khan condemns the attack

Updated 15 Jan, 2023 10:07am

Energy

Focus on emissions, says UAE’s climate talks and oil boss

ABU DHABI: The president of this year’s COP28 climate talks, who heads a major oil company, on Saturday urged a...

Published 15 Jan, 2023 04:01am

Fundamental rights: SC asks Railways to revisit its ‘personnel manual’

Court says a decision should be taken to meet the international standards when dealing with persons with disabilities

Updated 15 Jan, 2023 10:08am

Fee schedule for e-passport announced

ISLAMABAD: The federal government on Saturday issued the fee schedule for the issuance of e-passports in Pakistan....

Published 15 Jan, 2023 04:01am

OpenAI, creator of ChatGPT, casts spell on Microsoft

The hottest startup in Silicon Valley right now is OpenAI, the Microsoft-backed developer of ChatGPT, a much-hyped...

Published 15 Jan, 2023 04:01am

Russian oil shipped to Asia in Chinese supertankers amid ship shortage

At least four Chinese-owned supertankers are shipping Russian Urals crude to China, according to trading sources and...

Published 15 Jan, 2023 04:01am

Can economy rise from the ashes?

The phoenix is a mythological bird that after living 100 years bursts into flames and turns to ashes. It is painful...

Published 15 Jan, 2023 04:01am

Letters

Raw material shortages

According to a Business Recorder news item, “APTMA bemoans raw material shortages” carried by the newspaper...

Published 15 Jan, 2023 04:01am

Fisheries Dept: Balochistan govt suspends officials on graft charges

QUETTA: The Balochistan government has suspended Assistant Director, three Inspectors and others officials of...

Published 15 Jan, 2023 04:01am

Lawyers boycott courts in protest against arrest of HDT leader

QUETTA: The lawyers on Saturday boycotted courts in Balochistan to protest against the arrest of ‘Haq Do ...

Published 15 Jan, 2023 04:01am

CSR initiatives: NLC develops 3 health & education projects in GB

ISLAMABAD: National Logistics Cell (NLC) has developed three projects in health and education sectors in far flung...

Published 15 Jan, 2023 04:01am

Minister inspects conditions in various areas of Hyderabad

HYDERABAD: After the launch of cleanliness campaign of Sindh Solid Waste Management Board in Hyderabad, Sindh...

Published 15 Jan, 2023 04:01am

PPP leaders call on Ch Sarwar

LAHORE: Pakistan Peoples’ Party (PPP) Punjab Secretary General Hassan Murtaza called on former Governor Punjab Ch...

Published 15 Jan, 2023 04:01am

Cold, dry weather expected

KARACHI: Mainly cold and dry weather is expected in most parts of the country in the next 24 hours, the Met Office...

Published 15 Jan, 2023 04:01am

PPP leader condemns terrorism in Peshawar

ISLAMABAD: Pakistan Peoples Party (PPP) Secretary General Syed Nayyer Hussain Bukhari strongly condemned terrorism ...

Published 15 Jan, 2023 04:01am

PVTC organises 6-month free AutoCAD course for youths

FAISALABAD: While Pakistan’s exports have been adversely affected due to Corona Virus, Pakistani youth working...

Published 15 Jan, 2023 04:01am

Zardari, Bilawal condemn attack on police personnel

ISLAMABAD: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari and Co-Chairman Asif Ali Zardari strongly...

Published 15 Jan, 2023 04:01am

Experts say biofortified wheat offers food security solution

KARACHI: Authorities in Pakistan anticipate considerable climate-related decline in wheat production for the...

Published 15 Jan, 2023 04:01am

Minister wants everyone to have smartphone

KARACHI: The graduation ceremony for the second cohort of the Shahjehan S Karim Incubation Center (SSKIC), IoBM, was...

Published 15 Jan, 2023 04:01am

Masood terms Pak-US relationship deep, not artificial or crafted

WASHINGTON: Pakistan is keen to have strategic, political and economic ties with the United States and right now the...

Published 15 Jan, 2023 04:01am

FC personnel to guard sensitive stations during Sindh LG polls

ISLAMABAD: The Ministry of Interior has directed for deployment of Frontier Constabulary to guard sensitive polling...

Published 15 Jan, 2023 04:01am

Glacier’s collapse floods Chilas village

CHILAS: Villagers ran for safer places on Saturday as their houses were flooded after a glacier collapsed in Diamir...

Published 15 Jan, 2023 04:01am

Election cell set up at Bilawal House

KARACHI: Pakistan Peoples Party has established a Local Bodies Election Cell at Media Cell Bilawal House to monitor...

Published 15 Jan, 2023 04:01am

Envoy presents his credentials to Macron

ISLAMABAD: Pakistan Ambassador to France Asim Iftikhar on Saturday presented his credentials to French President...

Published 15 Jan, 2023 04:01am

Governor has not signed advice for PA dissolution

LAHORE: Governor Punjab Mohammad Baligh Ur Rehman said on Saturday that he has decided not to become part of the...

Published 15 Jan, 2023 04:01am

Pakistan calls for steps to ensure safety of UN peacekeepers amid new threats

UNITED NATIONS: Amid surging attacks against United Nations peacekeepers, Pakistan has underscored the need for...

Published 15 Jan, 2023 04:01am

IG orders officials to intensify crackdown against terrorists, criminals

MULTAN: Inspector General Police Punjab, Aamir Zulfiqar Khan, directed officials to accelerate a massive crackdown...

Published 15 Jan, 2023 04:01am

Tax data of Bajwa’s family: FIA granted two-day physical remand of journalist

ISLAMABAD: A local court on Saturday granted the Federal Investigation Agency (FIA) two days physical remand of a...

Published 15 Jan, 2023 04:01am

89 people deprived of vehicles in federal capital

ISLAMABAD: The federal capital witnessed an increase in the number of car lifting as over 89 people were deprived of...

Published 15 Jan, 2023 04:01am

4th Financial Crime Summit held: Alvi exhorts stakeholders to make joint efforts for easing financial crisis

KARACHI: President of Pakistan Dr Arif Alvi has said that all the stakeholders needed to display cooperation and...

Published 15 Jan, 2023 04:01am

Visitation rights of minor not within domain of sessions courts: LHC

LAHORE: The Lahore High Court held that the determination of visitation rights of a minor did not fall within the...

Published 15 Jan, 2023 04:01am

Suri moves LHC over FIA notices

LAHORE: Former deputy speaker of the National Assembly Qasim Khan Suri has approached the Lahore High Court against...

Published 15 Jan, 2023 04:01am

Cold winds keep descending on plains of Punjab

LAHORE: Cold wind kept descending on the plains of Punjab from snow-fed hilly areas throughout Saturday, leading to ...

Published 15 Jan, 2023 04:01am

Caretaker set-up after due consultations: Elahi

LAHORE: Chief Minister Punjab Chaudhry Parvez Elahi on Saturday chaired a high-level meeting at CM office in which...

Published 15 Jan, 2023 04:01am

Energy

Why Malaysia is considering banning palm oil exports to EU

KUALA LUMPUR: Malaysia, the world’s second-largest palm oil producer, on Thursday said it might stop palm exports...

Published 15 Jan, 2023 04:01am

Energy

US natgas falls on rising output, low demand

NEW YORK: US natural gas futures fell about 4% to an 18-month low on Friday on rising output and forecasts for...

Published 15 Jan, 2023 04:01am

Commodities

ICE canola futures slip

WINNIPEG, (Manitoba): ICE canola futures fell on Friday with rapeseed in a session dominated by inter-month...

Published 15 Jan, 2023 04:01am

Commodities

CBOT soybeans rise on smaller US harvest outlook, Argentina drought

CHICAGO: Chicago Board of Trade soybean futures climbed on Friday on follow-through buying after the US Department ...

Published 15 Jan, 2023 04:01am

Commodities

Japanese rubber futures lower on stronger yen

SINGAPORE: Japanese rubber futures edged lower on Friday, weighed down by a stronger yen, although still headed for...

Published 15 Jan, 2023 04:01am

Rates

Automart: car prices in Karachi

Rates in the week ended Saturday January 14, 2023

Published 15 Jan, 2023 04:01am

The Weather

KARACHI: The weather report on Saturday (January 14, 2023) and the forecast for Sunday (January 15, 2023)....

Published 15 Jan, 2023 04:01am

Dar meets Punjab governor

LAHORE: Federal Finance Minister Ishaq Dar said on Saturday that there will be further improvement in the economy in...

Updated 15 Jan, 2023 09:59am

Tarin hopes govt will help country avert ‘default’

KARACHI: Shaukat Tarin, former Federal Minister for Finance and Revenue, said on Saturday that so far the country...

Updated 15 Jan, 2023 10:00am

Rs550bn tax gap largely falls in five sectors: FBR

ISLAMABAD: The huge sales tax gap of Rs 550 billion largely falls in food, beverages, tobacco, textile, wholesale...

Updated 15 Jan, 2023 03:16pm

PM Shehbaz praises KSA, UAE for highly valuable support

Premier says Sustainable Development Goals (SDGs) could be achieved if the country moves at a fast pace in the right direction

Updated 15 Jan, 2023 09:57am

‘OPEC+ faces oil market volatility in both supply & demand’

CAIRO: OPEC+ is facing “volatile prospects” in oil markets both in supply and demand, UAE energy minister Suhail...

Published 15 Jan, 2023 04:01am

ECC approves payment of mark-up on Heavy Electrical Complex loans

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs80.988 million mark-up payment of...

Updated 15 Jan, 2023 10:03am

Power sector reforms: WB urges govt to expedite EDEIP

ISLAMABAD: The World Bank has urged the government to expedite the implementation of the Electricity Distribution...

Updated 15 Jan, 2023 10:03am

PTI to go for ‘PM confidence vote’ if MQM changes sides

ISLAMABAD: After successfully managing a vote of confidence in the Punjab provincial assembly against its chief...

Updated 15 Jan, 2023 10:03am

Nawaz asks party to brace for polls in Punjab

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) Quaid Nawaz Sharif on Saturday directed the party for rigorous...

Updated 15 Jan, 2023 10:03am

Zardari reaches Lahore to meet PM

LAHORE: Former president Asif Ali Zardari arrived in the city on Saturday evening to discuss the post-dissolution...

Updated 15 Jan, 2023 10:03am

Karachi, Hyderabad: LG polls today amid MQM-P boycott

KARACHI: After a day-long consultation, Muttahida Qaumi Movement-Pakistan (MQM-P) on Saturday night announced that ...

Updated 15 Jan, 2023 10:03am

Energy

Europe will return to Russian gas, says Qatar energy boss

ABU DHABI: European countries will eventually resume higher imports of Russian gas, Qatar’s energy minister and ...

Published 15 Jan, 2023 04:01am

‘World’s most durable DJ’ dies aged 98 in Hong Kong

HONG KONG: A beloved Hong Kong radio host dubbed the “world’s most durable DJ” by Guinness World Records has...

Published 15 Jan, 2023 04:01am

Number of model collectorates raised to 35: FBR transfers, posts 25 Customs officials

ISLAMABAD: The Federal Board of Revenue (FBR) has transferred and posted 25 officials of the Pakistan Customs ...

Updated 15 Jan, 2023 10:04am

Digital lenders: SECP restricts issuance of minimum mandatory disclosures for borrowers

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has made it mandatory for the digital lenders,...

Published 15 Jan, 2023 04:01am

Truth about attack on IK’s life

EDITORIAL: More than two months on, the truth as to who and how many were involved in the murderous attack on Imran...

Published 15 Jan, 2023 04:01am

Lahore master plan in limbo?

EDITORIAL: The way the Lahore High Court (LHC) suspended the operation of Lahore Master Plan 2050, saying “these...

Published 15 Jan, 2023 04:01am

Prices of essential kitchen items start declining

ISLAMABAD: The prices of essential kitchen items have started declining, revealed a survey carried out by Business...

Published 15 Jan, 2023 04:01am

Commodities

Gold prices rise

KARACHI: Gold prices on Saturday saw sizeable gains on the local market, traders said. They grew by Rs1200 to...

Published 15 Jan, 2023 04:01am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday (January 14, 2023)....

Published 15 Jan, 2023 04:01am

Cotton & Textile

Cotton market: trading volume low as high prices keep buyers away

LAHORE: The local cotton market on Saturday remained stable and the trading volume remained very low. Cotton ...

Published 15 Jan, 2023 04:01am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.85 ▲ 0.74 (10.41%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.17
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.38
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	63,612,723 ▼ -0.50
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.12
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.15
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.17
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.26
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	34,265,981 ▲ 1.01
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -7.16

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