News Archives for Print - 2023-02-22

<<>>

Print - 2023-02-22

ST on services against toll makers: SHC disposes of all proceedings initiated by SRB

KARACHI: Sindh High Court (SCH) has disposed of/ abated all proceedings initiated by the Sindh Board of Revenue...

Updated 22 Feb, 2023 09:10am

WB downgrades $200m locust emergency project

ISLAMABAD: The World Bank has downgraded the $200 million locust emergency and food security project for Pakistan to...

Updated 22 Feb, 2023 09:11am

Competitive bidding: AEDB selects only one out of 25 solar projects of Sindh

KARACHI: Sindh Energy Minister Imtiaz Ahmad Sheikh has said that the Alternative Energy Development Board (AEDB) has...

Updated 22 Feb, 2023 09:10am

NAB chairman Aftab resigns

ISLAMABAD: Aftab Sultan on Tuesday resigned as the chairman of the National Accountability Bureau (NAB) citing...

Published 22 Feb, 2023 03:30am

Bodies of woman, sons found inwell in Barkhan: Balochistan govt forms JIT

BARKHAN, BALOCHISTAN: Three bullet-riddled bodies of a woman and her two sons have been recovered from a well by...

Published 22 Feb, 2023 03:30am

PAC bans cash payments to federal employees

ISLAMABAD: The Public Accounts Committee (PAC) has put a ban on cash payments to federal employees in future. In a...

Published 22 Feb, 2023 03:30am

Clampdown on unregistered vehicles, arms display: Sindh PA puts its weight behind all govt actions

KARACHI: The Sindh Assembly Tuesday unanimously announced its support to the government’s strict actions to restore...

Published 22 Feb, 2023 03:30am

Narcotics worth Rs3bn seized

KARACHI: Pakistan Navy, Pakistan Maritime Security Agency (PMSA) and Anti-Narcotics Force (ANF) seized narcotics...

Published 22 Feb, 2023 03:30am

Modern facility for tech startups launched

KARACHI: Founders 2.0; a new co-working space has launched its first facility in Karachi, adding another 144 seats ...

Published 22 Feb, 2023 03:30am

JI Karachi chief steps up criticism of Sindh govt

KARACHI: Jamaat-e-Islami (JI) Karachi chief Engr Hafiz Naeemur Rehman has said the JI will use all available legal,...

Published 22 Feb, 2023 03:30am

‘Regulations for Telecom Equipment Standards, 2023’ to be applicable on all licences issued under 1996 Act

ISLAMABAD: Pakistan Telecommunication Authority (PTA) has prepared “Regulations for Telecom Equipment Standards,...

Published 22 Feb, 2023 03:30am

Speakers highlight significance of ‘sustainable agriculture’

LAHORE: Home to 1.9 billion people, South Asia one of the world’s most populous regions and with the ...

Published 22 Feb, 2023 03:30am

Ahead of NAB chairman’s selection: New opposition leader in NA from PTI should be notified: Fawad

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Senior Vice President Fawad Chaudhry has said that a new leader of opposition...

Published 22 Feb, 2023 03:30am

Security of railway stations reviewed

LAHORE: Inspector General Railways Police Dr Rao Sardar Ali Khan in a video link conference evaluated the ...

Published 22 Feb, 2023 03:30am

Afghan spinner Rashid Khan joins Lahore Qalandars

LAHORE: Afghanistan’s leg spinner Rashid Khan arrived here to join Lahore Qalandars for the ongoing HBL-PSL-8....

Published 22 Feb, 2023 03:30am

Govt submits complete record of Toshakhana articles to LHC

LAHORE: The federal government on Tuesday produced a complete record of the Toshakhana articles before the Lahore...

Published 22 Feb, 2023 03:30am

Probe into veracity of cipher: Justice Isa will take up petitions

ISLAMABAD: Justice Qazi Faez Isa will take up petitions for the investigation of the cipher mentioning an...

Published 22 Feb, 2023 03:30am

ADB approves emergency flood assistance project

ISLAMABAD: Asian Development Bank (ADB) has approved the emergency flood assistance project - additional financing...

Published 22 Feb, 2023 03:30am

LNG case: Court cancels non-bailable arrest warrants for Khaqan

ISLAMABAD: The Accountability Court on Tuesday cancelled the non-bailable arrest warrant earlier issued by it for...

Updated 29 Aug, 2023 01:08am

ECP says ‘bound to issue election schedule’ after announcement of date

ISLAMABAD: The electoral entity said on Tuesday that it was “bound to issue elections schedule after the...

Published 22 Feb, 2023 03:30am

Financial strength possible when personal interests not prioritised: minister

ISLAMABAD: Federal Minister of Commerce Syed Naveed Qamar remarked that the financial strength of the state is...

Published 22 Feb, 2023 03:30am

Shab-e-Barat on March 7

ISLAMABAD: The crescent of Shaban-ul-Moazam has been sighted and the Shab-e-Barat will fall on March 7. The ...

Published 22 Feb, 2023 03:30am

SC told 8 references returned after amendments in accountability law

ISLAMABAD: The Supreme Court was told that eight references of parliamentarians were returned and two lawmakers were...

Published 22 Feb, 2023 03:30am

Six killed after latest quake shakes Turkey-Syria border

ANTAKYA: Six people were killed in the latest earthquake to strike the border region of Turkey and Syria, ...

Published 22 Feb, 2023 03:30am

China says certain countries must stop ‘fuelling the fire’ in Ukraine conflict

BEIJING: China is “deeply worried” that the Ukraine conflict could spiral out of control, foreign minister Qin...

Published 22 Feb, 2023 03:30am

The Weather

KARACHI: The weather report on Tuesday (February 21, 2023) and the forecast for Wednesday (February 22, 2023)...

Published 22 Feb, 2023 03:30am

PTI all set to launch ‘jail bharo’ drive today

LAHORE: To push for early elections, the Pakistan Tehreek-e-Insaf is all set to launch its ‘jail bharo’ (volunteer...

Published 22 Feb, 2023 03:30am

Elahi, 10 other former PML-Q MPAs join PTI

LAHORE: Pakistan Muslim League-Quaid (PML-Q) leader and former Punjab Chief Minister Chaudhry Pervaiz Elahi and 10...

Published 22 Feb, 2023 03:30am

Pain and gain for industry as EU carbon hits 100 euros

Europe’s carbon price hit a record 100 euros ($106) per tonne on Tuesday, a long-awaited milestone that boosts the...

Published 22 Feb, 2023 03:30am

How to retain the GSP+ status

As a beneficiary of the GSP+ since December 2013, Pakistan has enjoyed 10 years of duty-free access to the EU ...

Published 22 Feb, 2023 03:30am

Why do all roads lead to more taxes?

As a staff-level agreement between IMF (International Monetary Fund) and Pakistan following the ninth review of the...

Published 22 Feb, 2023 03:30am

Letters

President democracy’s conscience?

Arguably, President Arif Alvi has fuelled political uncertainty in the country in a big way. His decision to...

Published 22 Feb, 2023 03:30am

PARTLY FACETIOUS: What gives rise to enigmas?

“That was very funny.” “The Khan’s trek towards the Lahore High Court which without traffic should have ...

Published 22 Feb, 2023 03:30am

Stocks

Indian shares end lower in cautious trade

BENGALURU: Indian shares ended lower for the third day in a row on Tuesday, having spent the session in a...

Published 22 Feb, 2023 03:30am

Stocks

Wall Street tumbles as rising yields pressure growth stocks

NEW YORK: Wall Street’s main stock indexes fell on Tuesday, dragged down by megacap names, after data showing a...

Published 22 Feb, 2023 03:30am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on ...

Published 22 Feb, 2023 03:30am

Stocks

Electronic/credit of dividend warrants/bonus/right share certificates

KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates....

Published 22 Feb, 2023 03:30am

Stocks

Last date of renunciation/payment

KARACHI: Last dates of renunciation/payment....

Published 22 Feb, 2023 03:30am

Stocks

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 22 Feb, 2023 03:30am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Tuesday (February 21, 2023). ======================== OFFER PRICE...

Published 22 Feb, 2023 03:30am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Tuesday (February 21, 2023). ======================== OFFER PRICE...

Published 22 Feb, 2023 03:30am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Tuesday (February 21, 2023). ======================== OFFER PRICE...

Published 22 Feb, 2023 03:30am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Tuesday (February 21, 2023). ======================== OFFER PRICE...

Published 22 Feb, 2023 03:30am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Tuesday (February 21, 2023). ======================== OFFER PRICE ...

Published 22 Feb, 2023 03:30am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Tuesday (February 21, 2023). ======================== OFFER PRICE...

Published 22 Feb, 2023 03:30am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Tuesday (February 21, 2023). ======================== OFFER PRICE...

Published 22 Feb, 2023 03:30am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Tuesday (February 21, 2023). ======================== OFFER PRICE...

Published 22 Feb, 2023 03:30am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Tuesday (February 21, 2023). ======================== OFFER PRICE...

Published 22 Feb, 2023 03:30am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Tuesday (February 21, 2023). ======================== OFFER PRICE...

Published 22 Feb, 2023 03:30am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Tuesday (February 21, 2023). ======================== Offer Price...

Published 22 Feb, 2023 03:30am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Tuesday (February 21, 2023). ======================== Offer Price...

Published 22 Feb, 2023 03:30am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Tuesday (February 21, 2023). ======================== Offer ...

Published 22 Feb, 2023 03:30am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Tuesday (February 21, 2023). ======================== Offer Price...

Published 22 Feb, 2023 03:30am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Tuesday (February 21, 2023). ======================== Offer Price...

Published 22 Feb, 2023 03:30am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Tuesday (February 21, 2023). ======================== Offer Price 1,275.8275 ...

Published 22 Feb, 2023 03:30am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (February 21, 2023). ========================...

Published 22 Feb, 2023 03:30am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (February 21, 2023). ========================...

Published 22 Feb, 2023 03:30am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Tuesday (February 21, 2023). ========================== KIBOR...

Published 22 Feb, 2023 03:30am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Tuesday (February 21, 2023)....

Published 22 Feb, 2023 03:30am

Dar says govt steering economy towards stability in challenging environment

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar said here on Tuesday that despite...

Updated 22 Feb, 2023 09:05am

Staff-level pact with IMF anytime soon: MoS Aisha

ISLAMABAD: Minister of State for Finance, Aisha Ghaus Pasha has stated that almost all the prior actions of the...

Updated 22 Feb, 2023 09:03am

Rates

Stocks positive on fresh buying

KARACHI: Pakistan Stock Exchange on Tuesday witnessed positive trend due to fresh buying on available attractive low...

Published 22 Feb, 2023 03:30am

South Korean firm seeks extension in taxes

ISLAMABAD: South Korean power firm, M/s KOEN has sought extension in taxes till June 30, 2024 arguing that ...

Updated 22 Feb, 2023 09:08am

PM directs operationalisation of Haveli power plant

ISLAMABAD: Prime Minister Shehbaz Sharif has directed that steps should be taken immediately to make the Haveli...

Updated 22 Feb, 2023 09:07am

Challenge of Rs2.3trn litigations: FBR shares plan with Senate body

ISLAMABAD: The Federal Board of Revenue (FBR) shared a plan with the Senate Standing Committee on Finance to deal...

Updated 22 Feb, 2023 09:07am

Commodities

Gold prices move up

KARACHI: Gold prices on Tuesday witnessed some gains on the local market, traders said. The rates went up by Rs500...

Published 22 Feb, 2023 03:30am

Commodities

Iron ore prices jabbed higher by prongs of China demand

LAUNCESTON, (Australia): The spot price of iron ore is being pushed higher in a pincer move of stronger Chinese...

Published 22 Feb, 2023 03:30am

Energy

US natgas slides on warmer weather outlook

NEW YORK: US natural gas futures dropped 7% to a near 29-month low on Tuesday, weighed down by forecasts for milder...

Published 22 Feb, 2023 03:30am

Commodities

PMEX daily trading report

KARACHI: On Monday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 7.659 ...

Published 22 Feb, 2023 03:30am

Energy

VLSFO market weaker

SINGAPORE: Cash premiums and refining margins for the very low sulphur fuel oil (VLSFO) market in Asia weakened...

Published 22 Feb, 2023 03:30am

Commodities

Concern for grain crops

PARIS: A lack of rain in parts of southern Europe is causing concern for grain crops ahead of the spring growing...

Published 22 Feb, 2023 03:30am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 138,089 tonnes of cargo comprising 60,482 tonnes of import cargo and 77,607...

Published 22 Feb, 2023 03:30am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday (February 21, 2023)....

Published 22 Feb, 2023 03:30am

Cotton & Textile

Slow trading activity on cotton market

LAHORE: The local market on Tuesday remained bearish and the trading volume remained low. Cotton Analyst Naseem...

Published 22 Feb, 2023 03:30am

Commodities

China supply concerns boost aluminium prices

LONDON: Aluminium prices climbed on Tuesday to their highest in more than a week on worries about output cuts in top...

Published 22 Feb, 2023 03:30am

Energy

Oil falls more than 1pc as growth fears offset China demand hopes

NEW YORK: Brent crude oil slipped more than 1% in a volatile session on Tuesday as persistent concerns about global...

Published 22 Feb, 2023 03:30am

Commodities

Gold subdued on firm dollar and yields

NEW YORK: Gold prices edged lower on Tuesday as the dollar strengthened and bond yields rose, while investors ...

Published 22 Feb, 2023 03:30am

Commodities

Palm oil down after three-day rally on weaker rival oils

JAKARTA: Malaysian palm oil futures ended lower on Tuesday on profit-taking after a three-day rally tracking ...

Published 22 Feb, 2023 03:30am

Rates

LME official prices

LONDON: The following were Monday official prices. ========================================= ALUMINIUM...

Published 22 Feb, 2023 03:30am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (February 21, 2023)...

Published 22 Feb, 2023 03:30am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Tuesday (February 21, 2023). ======================================= Offset...

Published 22 Feb, 2023 03:30am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (February 21, 2023)....

Published 22 Feb, 2023 03:30am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Tuesday (February 21, 2023). ======================== Open Bid...

Published 22 Feb, 2023 03:30am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (February 21, 2023)....

Published 22 Feb, 2023 03:30am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Tuesday (February 21, 2023)....

Published 22 Feb, 2023 03:30am

Rates

Cross Transactions between Client to Client & Financial Institutions

KARACHI: The following were the cross transactions between client to client & financial institutions here on...

Published 22 Feb, 2023 03:30am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Tuesday (February 21, 2023)....

Published 22 Feb, 2023 03:30am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (February 21, 2023). ==================================== BR...

Published 22 Feb, 2023 03:30am

Rates

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....

Published 22 Feb, 2023 03:30am

Rates

Dividend/Bonus Announcements

KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange....

Published 22 Feb, 2023 03:30am

Rates

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....

Published 22 Feb, 2023 03:30am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 22 Feb, 2023 03:30am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (February...

Published 22 Feb, 2023 03:30am

IMF, not govt, responsible for stalled lending?

Ministry of Finance claims the government had been requesting IMF to send the mission since October, 2022

Updated 22 Feb, 2023 11:01am

Govt decides not to shift Gwadar power plant to Thar

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

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular