News Archives for Print - 2023-02-12

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Print - 2023-02-12

Automart: car prices in Karachi

Rates in the week ended Saturday February 11, 2023

Published 12 Feb, 2023 04:10am

National ski, snowboarding championship concludes

KARACHI: The two-day National Ski and Snowboarding Championship concluded in Malam Jabba. Commander Peshawar Corps...

Published 12 Feb, 2023 03:56am

The Weather

KARACHI: The weather report on Saturday (February 11, 2023) and the forecast for Sunday (February 12, 2023)....

Published 12 Feb, 2023 03:56am

Customs collector apprised of hindrances in Pak-Afghan trade

PESHAWAR: The newly appointed Collector Customs Appraisement, Ashfaq Ahmad was apprised about hindrances faced by...

Published 12 Feb, 2023 03:56am

HBL PSL-8: TikTok returns as entertainment partner

KARACHI: After a hugely successful HBL PSL 7, having achieved more than 2.5 billion views, TikTok has returned for...

Published 12 Feb, 2023 03:56am

Islamabad United partners with Ufone 4G for PSL-8

ISLAMABAD: Islamabad United, the most successful franchise in HBL PSL history and the winner of the first and third...

Published 12 Feb, 2023 03:56am

Governor hopeful of economic stability soon

LAHORE: The Caretaker Provincial Minister for Local Government and Community Development, Ibrahim Hasan Murad, ...

Published 12 Feb, 2023 03:56am

Gill moves LHC against inclusion of name in ECL

LAHORE: PTI leader Shahbaz Gill has approached the Lahore High Court (LHC) against inclusion of his name in the Exit...

Published 12 Feb, 2023 03:56am

Iran celebrates 44th anniversary of Islamic revolution

TEHRAN: Tens of thousands of Iranians rallied Saturday in Tehran and other major cities to mark the 44th anniversary...

Published 12 Feb, 2023 03:56am

Turkey-Armenia gate opens for first time in decades to allow aid

ISTANBUL: A border gate between long-feuding Turkey and Armenia has been opened for the first time in 35 years to...

Published 12 Feb, 2023 03:56am

Miracle rescues as Turkey-Syria quake toll passes 25,000

KAHRAMANMARAS: Rescuers pulled a two-month-old baby and an elderly woman from the rubble on Saturday, five days ...

Published 12 Feb, 2023 03:56am

Survival without the IMF

Since the end of World War II, the World Bank and the International Monetary Fund (IMF) have emerged as the most...

Updated 12 Feb, 2023 09:36pm

Dire need of investment in Pakistan

The other day, as I was going through a newspaper and something caught my attention. It was heartening to see ...

Published 12 Feb, 2023 03:56am

Biden plans to bar some US investments in China, track others

The Biden administration plans to outright ban investments in some Chinese technology companies and increase ...

Published 12 Feb, 2023 03:56am

Turkey tremor evokes questions over building standards

The apartments they once industriously spent so long saving up for, decorating and making comfortable now lie in a...

Published 12 Feb, 2023 03:56am

Jabbar Khan appointed MD NTDC

LAHORE: The federal government has appointed Engr Dr Rana Abdul Jabbar Khan as Managing Director National...

Published 12 Feb, 2023 03:56am

Pak citizen in US donates $30m for people of Turkiye, Syria

ISLAMABAD: An anonymous Pakistani citizen had donated $30 million to provide support to the quake-stricken people of...

Published 12 Feb, 2023 03:56am

Mob storms police station, lynches man

LAHORE: A mob here stormed a police station on Saturday and lynched a man under custody and accused of blasphemy,...

Updated 12 Feb, 2023 09:44am

PM orders probe

LAHORE: Taking notice of the murder of a man by an unruly mob in Nankana Sahib, Prime Minister Shehbaz Sharif on...

Updated 12 Feb, 2023 09:44am

Acquittal plea rejected in sedition case: Court fixes 27th as date for Gill’s indictment

ISLAMABAD: A court on Saturday dismissed Pakistan Tehreek-e-Insaf (PTI) leader Shahbaz Gill’s application for...

Updated 12 Feb, 2023 09:43am

Uplift schemes in Cantt Boards: ECC approves Rs450m grant for defence ministry

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved a Technical Supplementary Grant...

Updated 12 Feb, 2023 09:43am

Courts can’t examine eligibility in recruitments: LHC

Court observes any deviation from the criteria would allow entry to ineligible persons and deprive many eligible candidates

Updated 12 Feb, 2023 09:48am

Banking pact with SBP also planned: Kazakhstan intends to sign transit trade deal: envoy

KARACHI: The Ambassador of Kazakhstan Yerzhan Kistafin has said that Kazakhstan intends to sign a Transit Trade...

Updated 12 Feb, 2023 09:43am

Scope of inspection under Cos Ord: SC sets aside IHC judgment

Ordinance does not prescribe the same process for an inspection simply because its scope is limited as are its consequences, the order says

Updated 12 Feb, 2023 09:47am

CSAIL seeks PMO’s help to get issues resolved

ISLAMABAD: China Three Gorges South Asia Investment Limited (CSAIL) has sought help from Prime Minister Office (PMO)...

Updated 12 Feb, 2023 09:43am

Rs10bn suit against Khawaja Asif: IK denies allegations against SKMT’s financial affairs

ISLAMABAD: PTI Chairman Imran Khan on Saturday denied sending funds abroad via money laundering while testifying...

Updated 12 Feb, 2023 09:42am

Govt planning to impose ‘economic emergency’ to perpetuate its rule: PTI

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader and former information minister Fawad Chaudhry Saturday claimed ...

Updated 12 Feb, 2023 09:43am

Non-implementation of single GST return: Provinces to move NTC against FBR

ISLAMABAD: Provinces will take up the issue of the delay in the implementation of the single sales tax return system...

Updated 12 Feb, 2023 09:42am

Piqued by bitter memories, PM Shehbaz assails NAB

Premier says the country cannot progress unless we abolished the ‘might is right’ concept from our system

Updated 12 Feb, 2023 01:20pm

IK ‘responsible’ for economic mess, insists Maryam

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) senior vice president Maryam Nawaz on Saturday held former prime...

Updated 12 Feb, 2023 09:42am

Is Iran ripe for change?

EDITORIAL: On the occasion of 44th anniversary of anti-Shah revolution (1979 Islamic revolution) Iran seems to have...

Published 12 Feb, 2023 03:56am

Cotton & Textile

Spot rate decreased by Rs200 per maund

LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Saturday decreased the spot rate by Rs 2,00 per...

Published 12 Feb, 2023 03:56am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday (February 11, 2023)....

Published 12 Feb, 2023 03:56am

Commodities

Japanese rubber futures lower

SINGAPORE: Japanese rubber futures fell on Friday and posted a second consecutive weekly drop, as a weaker Shanghai...

Published 12 Feb, 2023 03:56am

Energy

US natgas jumps as vessel arrives at idled Texas Freeport LNG plant

NEW YORK: US natural gas futures climbed about 4% on Friday after the first vessel arrived at Freeport LNG’s...

Published 12 Feb, 2023 03:56am

Energy

Ukraine seeks higher tonnage ships to boost exports under grain deal

KYIV: Ukraine’s agriculture ministry has proposed increasing the minimal tonnage of ships which carry grain and...

Published 12 Feb, 2023 03:56am

Commodities

ICE canola futures rise

WINNIPEG: ICE canola futures rose on Friday, halting a three-day skid, lifted by strength in soy futures. Spreading...

Published 12 Feb, 2023 03:56am

Commodities

Iron ore subdued as traders weigh demand prospects

MANILA: Iron ore futures slipped on Friday, with the Singapore benchmark price set for a second consecutive weekly...

Published 12 Feb, 2023 03:56am

Commodities

CBOT soyabeans close strong; soyameal hits peak since June 2014

CHICAGO: US soyabean futures rose on Friday, with the market underpinned by soyameal’s firming to its highest ...

Published 12 Feb, 2023 03:56am

Energy

PBF flays huge hike in electricity, gas prices

KARACHI: The Pakistan Business Forum (PBF), flaying the huge jump in electricity as well as gas prices to meet the...

Published 12 Feb, 2023 03:56am

Commodities

Gold rates edge up

KARACHI: Gold prices on Saturday inched up on the local market, traders said. They grew by Rs400 to Rs198400 per...

Published 12 Feb, 2023 03:56am

Deal with IMF described as ‘right step forward’

KARACHI: Pakistan’s foreign exchange reserves fell to $ 2.92 billion approximately, which seems to be enough for...

Published 12 Feb, 2023 03:56am

S Korean envoy, CM seek improvement in trade ties

LAHORE: Ambassador of South Korea Suh Sangpyo met with the Caretaker Chief Minister Punjab Mohsin Naqvi at CM office...

Published 12 Feb, 2023 03:56am

Pakistan calls for steps to reduce inequality between nations

UNITED NATIONS: Pakistan has underscored the need for addressing the multiple crises — including the Covid-19...

Published 12 Feb, 2023 03:56am

Promotion of tourism, heritage: Rs4bn projects launched by WCLA in 2022

LAHORE: To promote tourism and heritage in Punjab, the Walled City of Lahore Authority (WCLA) launched several...

Published 12 Feb, 2023 03:56am

Reprocessing waste transformer oil: Tax notices withdrawn against Pakistan Wapda Foundation

LAHORE: The Federal Board of Revenue (FBR) has withdrawn notices of excise duty and sales tax against Pakistan Wapda...

Published 12 Feb, 2023 03:56am

8th Multinational Naval Exercise: CNS visits foreign ships participating in ‘Aman-2023’

KARACHI: Chief of the Naval Staff Admiral Muhammad Amjad Khan Niazi visited foreign ships of navies participating in...

Published 12 Feb, 2023 03:56am

MQM-P puts off sit-in after deal with PPP on delimitations

KARACHI: After reaching a deal with the Pakistan Peoples’ Party (PPP) on new demarcations of constituencies in...

Published 12 Feb, 2023 03:56am

PM offers all-out support in Syria’s quake relief efforts

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Saturday called Syrian Arab Republic Prime Minister Hussein...

Published 12 Feb, 2023 03:56am

Ceremony to eulogise ‘unsung heroes of democracy’ tomorrow

ISLAMABAD: The Parliament House will be hosting a ceremony to commemorate the 50 years of unsung heroes of democracy...

Published 12 Feb, 2023 03:56am

Cold, dry weather likely today

KARACHI: The Met Office on Saturday forecast mainly cold and dry weather for most parts of the country on Sunday....

Published 12 Feb, 2023 03:56am

LG poll results: JI holds protest outside ECP office

KARACHI: Jamaat-e-Islami (JI) Karachi staged a protest demonstration outside the Election Commission of Pakistan...

Published 12 Feb, 2023 03:56am

1.5m kids to be administered polio drops: commissioner

FAISALABAD: Divisional Commissioner Silwat Saeed said that 1.536 million children up to the age of five years would...

Published 12 Feb, 2023 03:56am

Letters

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Mar 28	149.88
USD to Swiss Franc / Mar 28	0.88
Pound Sterling to USD / Mar 28	1.29
Euro to USD / Mar 28	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
India Sensex / Mar 28	77,414.92
Tokyo Nikkei / Mar 28	37,120.33
Nasdaq / Mar 28	17,322.99
Hang Seng / Mar 28	23,426.60
FTSE 100 / Mar 28	8,658.85
Dow Jones / Mar 28	41,583.90
Germany DAX 30 / Mar 28	22,461.52
France CAC40 / Mar 28	7,916.08

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Crude Oil USD/Barrel / Mar 28	69.10
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Gold Spot USD/Ounce / Mar 28	3,117.20
Cotton US¢/pound / Mar 28	66.90
Petrol/Litre / Mar 31	255.63
Diesel/Litre / Mar 31	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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