News Archives for Print - 2023-01-29

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Print - 2023-01-29

N-50: NHA approves award of dualisation works to NLC

ISLAMABAD: The National Highways Authority (NHA) Executive Board approved the award of works for “Dualisation and...

Published 29 Jan, 2023 03:15am

Boycott of general elections: Progressive Group of LCCI supports decision of all chambers

LAHORE: Progressive Group in the Lahore Chamber of Commerce & Industry has extended its full support to the...

Published 29 Jan, 2023 03:15am

Bilawal slams Imran’s statement

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari Saturday slammed Pakistan Tehreek-e-Insaf...

Published 29 Jan, 2023 03:15am

PM terms IK’s allegation ‘irresponsible’act

LAHORE: Prime Minister Shehbaz Sharif on Saturday said Imran Niazi’s baseless and dangerous allegations against ...

Published 29 Jan, 2023 03:15am

‘Plan C conspiracy’ Irked by allegation, PPP says will send legal notice to IK

ISLAMABAD: Pakistan People’s Party (PPP), Saturday, announced that it will send a legal notice to Pakistan...

Updated 29 Jan, 2023 10:10am

Live debate on economy: Tarin accepts challenge

ISLAMABAD: The economic expert of Pakistan Tehreek-e-Insaf (PTI), Shaukat Tarin, on Saturday accepted a challenge...

Updated 29 Jan, 2023 10:20am

Bilawal to visit Moscow today

ISLAMABAD: Foreign Minister Bilawal Bhutto-Zardari will undertake an official visit to Moscow at the invitation of...

Published 29 Jan, 2023 03:15am

Consistent policies, sound reasons a must for granting exemptions: SC

ISLAMABAD: The Supreme Court said the exemptions (customs duty, sales tax, and withholding tax) are to be granted ...

Published 29 Jan, 2023 03:15am

Khar to lead delegation to UNHRC tomorrow

ISLAMABAD: Minister of State for Foreign Affairs Hina Rabbani Khar will lead Pakistan delegation to the UN Human...

Published 29 Jan, 2023 03:15am

IK requests CJP to ensure protection of Fawad’s basic rights

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Saturday requested Chief Justice of Pakistan (CJP) ...

Published 29 Jan, 2023 03:15am

Fawad given into police custody, again

ISLAMABAD: A local court on Saturday granted another two-day physical remand of Pakistan Tehreek-e-Insaf (PTI) ...

Published 29 Jan, 2023 03:15am

Pakistan condemns desecration of Holy Quran in Denmark

ISLAMABAD: Pakistan on Saturday condemned in the strongest terms the senseless and deeply offensive act of...

Published 29 Jan, 2023 03:15am

Issuance of divorce certificates to minorities: LHC directs Punjab govt to frame requisite rules in 90 days

LAHORE: The Lahore High Court has directed the Punjab government to frame the requisite rules for registering...

Published 29 Jan, 2023 03:15am

Wafaqi Mohtasib’s institution: Promoting good governance

The sanctity and inviolability of human rights is the essential feature of the concept of ombudsmanship and the ...

Published 29 Jan, 2023 03:15am

At Ukraine front, embattled Bakhmut residents desperate for water

First Valentyna’s gas was cut when Russia’s invasion came to Bakhmut in Ukraine’s Donetsk region. Then ...

Published 29 Jan, 2023 03:15am

Top US Treasury official to warn UAE, Turkey over sanctions evasion

The US Treasury Department’s top sanctions official on a trip to Turkey and the Middle East next week will warn...

Published 29 Jan, 2023 03:15am

Letters

A wild accusation indeed

An embittered Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan has alleged that Pakistan People’s Party (PPP)...

Published 29 Jan, 2023 03:15am

Tarin fires broadside at Dar

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader and former finance minister Shaukat Tarin has accused Finance...

Published 29 Jan, 2023 03:15am

All benches of ATIR become operational

ISLAMABAD: All benches of the Appellate Tribunal of Inland Revenue (ATIR) became functional on Saturday, said a...

Published 29 Jan, 2023 03:15am

Local holiday announced for Islamabad

ISLAMABAD: The Islamabad Capital Territory (ICT) administration on Saturday announced a local holiday on January 30...

Published 29 Jan, 2023 03:15am

Alauddin Marri visits ICCI: Xi to open Gwadar airport during his visit, says ex-CM

ISLAMABAD: Alauddin Marri, former Caretaker Chief Minister Balochistan and prominent businessman said that Gwadar is...

Published 29 Jan, 2023 03:15am

Cases of carjacking, phone snatching on the rise

ISLAMABAD: The federal capital witnessed a sharp increase in incidents of carjacking and mobile phone snatching...

Published 29 Jan, 2023 03:15am

Energy

UFLS schemes: Lack of proper execution major cause of power outages, says expert

LAHORE: Pakistan is facing major power blackouts almost every year since 2013. Even the country had experienced such...

Published 29 Jan, 2023 03:15am

PAC’s Gandhara Festival to begin today in Taxila

RAWALPINDI: The opening ceremony of Gandhara Festival 2023 organized by Punjab Arts Council (PAC) will be held at...

Published 29 Jan, 2023 03:15am

Maryam returns home, says Nawaz also to arrive soon

LAHORE: Expressing resolve to steer the country out of prevailing economic and political crises, PML- N senior...

Published 29 Jan, 2023 03:15am

Furniture factory gutted in Attock

ATTOCK: A furniture manufacturing factory was reduced to ashes causing financial loss of more than 1.5 million ...

Published 29 Jan, 2023 03:15am

Death due to negligence: Alvi wants SHIFA to refund Rs2.9m to patient’s daughter

ISLAMABAD: President Dr Arif Alvi has directed the Islamabad Healthcare Regulatory Authority (IHRA) to issue...

Published 29 Jan, 2023 03:15am

Punjab cabinet resolves to work without salary

LAHORE: Expressing resolve to take all measures to ensure free and transparent elections in the province, interim...

Published 29 Jan, 2023 03:15am

Zia appointed as coordinator of PAJCCI for KP

PESHAWAR: Noted businessman and former Senior Vice President (SVP) Sarhad Chamber of Commerce and Industry (SCCI),...

Published 29 Jan, 2023 03:15am

Political system lacks capacity to tackle issues: former PM

PESHAWAR: Former prime minister and leader of Pakistan Muslim League-Nawaz (PML-N) Shahid Khaqan Abbasi on Saturday...

Published 29 Jan, 2023 03:15am

Commodities

Japanese rubber futures rise

SINGAPORE: Japanese rubber futures rose on Friday to their highest in more than three months and were set for a...

Published 29 Jan, 2023 03:15am

Commodities

Malaysian palm oil futures end mixed

JAKARTA: Malaysian palm oil futures extended gains to a second session on Friday on bargain-hunting, but were set ...

Published 29 Jan, 2023 03:15am

Commodities

CBOT soyabeans fall on selling by investment funds

CHICAGO: Chicago Board of Trade soyabean futures fell on Friday on a round of fund selling ahead of the weekend as...

Published 29 Jan, 2023 03:15am

Energy

Asia’s refining cracks for VLSFO up

SINGAPORE: Asia’s refining cracks for very low sulphur fuel oil (VLSFO) posted weekly gains of more than 25% on...

Published 29 Jan, 2023 03:15am

Energy

US natgas futures down

NEW YORK: US natural gas futures fell about 2% to a fresh 20-month low on Friday ahead of the expiration of the...

Published 29 Jan, 2023 03:15am

Commodities

Indian sugar mills to close early as rain hits cane supply

MUMBAI: Sugar mills in India’s top producing state Maharashtra are set to stop cane crushing 45 to 60 days earlier...

Published 29 Jan, 2023 03:15am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday (January 28, 2023)....

Published 29 Jan, 2023 03:15am

Cotton & Textile

Lacklustre business on cotton market

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

Published 29 Jan, 2023 03:15am

Rates

Automart: car prices in Karachi

Rates in the week ended Saturday January 28, 2023

Published 29 Jan, 2023 03:15am

The Weather

KARACHI: The weather report on Saturday (January 28, 2023) and the forecast for Sunday (January 29, 2023)....

Published 29 Jan, 2023 03:15am

Al-Nahyan due tomorrow to discuss trade, investment

In a day-long visit, the UAE...

Updated 29 Jan, 2023 10:11am

Flood-hit areas: Rs8.39bn subsidy to be provided to farmers

ISLAMABAD: The government would disburse through the Benazir Income Support Programme (BISP) cash subsidy of Rs 8.39...

Updated 29 Jan, 2023 10:11am

Pakistan expresses interest in possibility of currency swap with Russia

ISLAMABAD: Pakistan has reportedly expressed interest in the possibility of currency swap with Russia and signing of...

Updated 29 Jan, 2023 12:26pm

FBR readies presentation for IMF

ISLAMABAD: The Federal Board of Revenue (FBR) Saturday briefed the Ministry of Finance on estimates of tax...

Updated 29 Jan, 2023 10:16am

Suddenly, ailing SOEs come under PDM govt’s focus

Finance Minister emphasizes revisiting the role of PDF and SOEs considering the business plans, governance structure, and financial viability

Updated 29 Jan, 2023 10:17am

Italy’s Meloni in Libya to conclude $8bn gas deal

TRIPOLI: Italian Prime Minister Giorgia Meloni visited Tripoli on Saturday to conclude an $8 billion gas deal aimed...

Updated 29 Jan, 2023 10:16am

50pc duty imposed on import of ‘Mild Hybrid Vehicles’

ISLAMABAD: The Customs classification committee of the Federal Board of Revenue (FBR) has imposed 50 percent customs...

Updated 29 Jan, 2023 10:11am

Ogra rejects oil price speculations

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has rejected the claims of raise in prices of petroleum...

Updated 29 Jan, 2023 10:21am

LPG hits historic high of Rs300/kg: LPGA demands setting up of probe commission

ISLAMABAD: A judicial commission should be formed to inquire into corrupt practices and people behind black...

Updated 29 Jan, 2023 10:11am

Solar projects: govt alters standardised ‘Security Package Documents’

ISLAMABAD: The government has altered standardised Security Package Documents (SPDs) of solar projects including...

Published 29 Jan, 2023 03:15am

Taxes

Customs: FBR seeks customs budget proposals from business & trade

ISLAMABAD: The Federal Board of Revenue (FBR) has sought customs budget proposals for 2023-24 from the business and...

Published 29 Jan, 2023 03:15am

Payment obligations have to be met

EDITORIAL: Foreign shipping lines upset over non-payment of freight charges weighing anchor and sailing away from...

Published 29 Jan, 2023 03:15am

Terror sanctuaries

EDITORIAL: Incidents of terrorists using the Pak-Iran border area to attack security forces on either side are not...

Published 29 Jan, 2023 03:15am

Prices of essential kitchen items witness rising trend

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

Published 29 Jan, 2023 03:15am

Industry

Nine countries take part in Khad Mela, Pak Horti Expo in Lahore

LAHORE: Secretary Agriculture Punjab Ahmad Aziz Tarar inaugurated the “Khad Mela and Pakistan Horti Expo 2023”...

Published 29 Jan, 2023 03:15am

Taxes

Unlawful recovery: FBR delays disciplinary proceedings against taxmen

ISLAMABAD: The Federal Board of Revenue (FBR) has delayed disciplinary proceedings against two senior tax officials...

Published 29 Jan, 2023 03:15am

B2B promotion: Trade with Turkiye has surpassed $1bn mark: FPCCI chief

KARACHI: Irfan Iqbal Sheikh, President Federation of Pakistan Chamber of Commerce and Industries (FPCCI), has...

Published 29 Jan, 2023 03:15am

Industry

KPT, PQA lauded for waiving demurrage charges: KCCI chief urges terminal operators, shipping firms to adopt same policy

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf while appreciating the...

Published 29 Jan, 2023 03:15am

Companies

PQA signs MoU with Alkhidmat

KARACHI: The Port Qasim Authority (PQA) has signed MoU with the Alkhidmat Karachi for employees’ medical...

Published 29 Jan, 2023 03:15am

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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