News Archives for Print - 2023-03-05

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Print - 2023-03-05

UN chief slams rich countries’ treatment of poor states

DOHA: UN Secretary-General Antonio Guterres on Saturday slammed the world’s rich countries and energy giants for...

Published 05 Mar, 2023 03:36am

The Weather

KARACHI: The weather report on Saturday (March 04, 2023) and the forecast for Sunday (March 05, 2023)....

Published 05 Mar, 2023 03:36am

Energy

US natural gas futures up

NEW YORK: US natural gas futures rose about 3% to a five-week high on Friday, with the amount of gas flowing to US...

Published 05 Mar, 2023 03:36am

Energy

Asia’s Hi-5 fuel oil

SINGAPORE: Asia’s hi-5 fuel oil spread narrowed to nearly 11-month lows on Friday, as market trends continued to...

Published 05 Mar, 2023 03:36am

Petition against minister filed for ‘scandalising judiciary’

LAHORE: A lawyer on Saturday has filed a contempt petition against interior minister Rana Sanaullah Khan before the...

Published 05 Mar, 2023 03:36am

Plea seeks contempt proceedings against Imran

LAHORE: A bar member lawyer has approached the Lahore High Court seeking contempt proceedings against former Prime...

Published 05 Mar, 2023 03:36am

ICCI chief discusses launch of TV, radio channels with Pemra chairman

ISLAMABAD: Ahsan Zafar Bakhtawari President Islamabad Chamber of Commerce and Industry (ICCI), leading a delegation,...

Published 05 Mar, 2023 03:36am

Govt committed to extending all-out support to facilitate Hajjis: Dar

ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar on Saturday expressed a firm commitment to extend maximum...

Published 05 Mar, 2023 03:36am

Elections to be held as required under Constitution: PPP

ISLAMABAD: Pakistan People’s Party (PPP) Secretary General Syed Nayyar Husain Bokhari said that elections would ...

Published 05 Mar, 2023 03:36am

High court annuls SPSC exams 2020

KARACHI: The Sindh High Court (SHC) on Saturday annulled the Sindh Public Service Commission (SPSC) examinations ...

Published 05 Mar, 2023 03:36am

Ambassador of Turkiye calls on finance minister

ISLAMABAD: Ambassador of the Republic of Turkiye to Pakistan Dr Mehmet Pacaci Saturday called on Minister for ...

Published 05 Mar, 2023 03:36am

CS vows to support KCCI in holding expos, other events

KARACHI: Chief Secretary Sindh Sohail Rajput, during his visit to My Karachi Exhibition here on Saturday, extended...

Published 05 Mar, 2023 03:36am

First int’l conference on ‘Biodiversity of Arid Zone’ to be held at SAU sub-campus

HYDERABAD: First International Conference on “Biodiversity of Arid Zone” will begin on Tuesday at Sindh...

Published 05 Mar, 2023 03:36am

Sharp increase in theft of vehicles seen in ICT

ISLAMABAD: The heavily-guarded capital city witnessed a sharp increase in incidents of motor vehicle thefts last...

Published 05 Mar, 2023 03:36am

Steps being taken to control inflation, but political stability needed: minister

MUZAFFARGARH: Federal Minister for Poverty Alleviation and Chairperson Benazir Income Support Programme Shazia Marri...

Published 05 Mar, 2023 03:36am

ZU, ICCIA sign MoU to launch Green Waqf Initiative

KARACHI: Ziauddin University (ZU) and the Islamic Chamber of Commerce, Industry & Agriculture (ICCIA) signed a...

Published 05 Mar, 2023 03:36am

UC 4 Gulshan-e-Hadeed: JI sees rigging as PPP ‘wins’ after recounting

KARACHI: Jamaat-e-Islami (JI) Karachi Ameer Engr Hafiz Naeemur Rehman has accused the Pakistan People Party...

Published 05 Mar, 2023 03:36am

PML-N lawyers file complaint against Justice Naqvi

Petition argues Justice Mazahar Naqvi has deviated from the Code of Conduct of the judges

Updated 05 Mar, 2023 10:18am

Election date likely to be announced tomorrow: KP governor

Governor says ECP’s letter to his principal secretary was received last night at 8 pm

Updated 05 Mar, 2023 10:19am

South Asia

Oxygen plant blast kills 5 in BD

CHITTAGONG: At least five people were killed and dozens were injured in an explosion at an oxygen plant outside...

Published 05 Mar, 2023 03:36am

Bilawal to leave for New York next week

Will chair the Conference on 'Women in Islam: Understanding the rights and Identity of Women in the Islamic World'

Updated 05 Mar, 2023 10:21am

A year on, Ukraine’s embattled nuclear plant turned Russian ‘military base’

Ukraine’s Zaporizhzhia nuclear power plant no longer produces electricity and serves solely as a military base for...

Published 05 Mar, 2023 03:36am

Textile industry: water management

Unsustainable industrial water consumption has become a massive environmental sustainability challenge. Discharge of...

Published 05 Mar, 2023 03:36am

Seven countries to participate: Two women’s squads unveiled for ‘Women’s League’ exhibition matches

LAHORE: Pakistan Cricket Board (PCB) Saturday unveiled the two women’s squads for the three Women’s League...

Published 05 Mar, 2023 03:36am

Authorities ban ‘Women’s Day’ march in Lahore

LAHORE: Authorities in Lahore have refused permission for a rally to mark International Women’s Day, which...

Published 05 Mar, 2023 03:36am

President, wife meet family to condole death of Amjad

LAHORE: President Dr Arif Alvi and First Lady Begum Samina Alvi on Saturday visited the residence of late Amjad ...

Published 05 Mar, 2023 03:36am

Letters

Policy of forgiveness

It is heartening to note that Pakistan Tehrik-e-Insaf (PTI) chairman Imran Khan has finally adopted the policy of...

Published 05 Mar, 2023 03:36am

Habib University inaugurates Endowed Faculty Chair in Wisdom & Humanities

KARACHI: Habib University inaugurated the Imam Ali Ibn-Abi-Talib (AS) Endowed Faculty Chair in Wisdom and ...

Published 05 Mar, 2023 03:36am

Petition of Ariba Naeem: In case guardian is not appointed, decree against child remains void: LHC

LAHORE: The Lahore High Court held that in cases where a minor remained without proper representation and there is ...

Published 05 Mar, 2023 03:36am

Heatwaves predicted for Mar-May period

KARACHI: The Met Office has forecast a series of heat waves spells for the most parts of the country during March to...

Published 05 Mar, 2023 03:36am

World Bank willing to fund fan replacement plan

ISLAMABAD: The World Bank (WB) has shown willingness to extend financing for government initiative to replace...

Updated 05 Mar, 2023 01:44pm

PSDP 2023-24: Finance Div seeks Rs2.958bn allocation

ISLAMABAD: The Finance Division has proposed an allocation of Rs 2958.482 million under the public sector...

Updated 05 Mar, 2023 01:57pm

Pakistan receives $500m financing from Chinese bank

ISLAMABAD: Pakistan has received $500 million from the Industrial and Commercial Bank of China Ltd (ICBC), Federal...

Published 05 Mar, 2023 03:36am

Jul-Feb: FBR collection shows Rs240bn shortfall

After the imposition of taxes of Rs 170 billion in the mini-budget, the new annual tax target of the FBR fixed at Rs7.64 trillion

Updated 05 Mar, 2023 01:42pm

Nepra accuses NTDC of failing to evacuate cheap Thar electricity

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has accused National Transmission and Despatch...

Updated 05 Mar, 2023 10:09am

Cotton & Textile

No noticeable change on cotton market

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

Published 05 Mar, 2023 03:36am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday (March 04, 2023)....

Published 05 Mar, 2023 03:36am

Commodities

Asia gold: China demand buoyant, India ramps up purchases

BENGALURU /MUMBAI: Physical gold prices traded at a premium in India this week, as a drop in domestic rates...

Published 05 Mar, 2023 03:36am

Commodities

India’s 2022/23 vegoil imports seen at 15 million tonnes

SINGAPORE: India’s edible oil imports are forecast to climb to 15 million tonnes in the year to October 2023, up...

Published 05 Mar, 2023 03:36am

Commodities

Dalian iron ore hits multi-month high

BEIJING: Dalian iron ore futures hit an eight-month high on Friday, driven by favourable fundamentals and optimism...

Published 05 Mar, 2023 03:36am

Commodities

French soft wheat crop rating unchanged

PARIS: The condition of soft wheat in the week to Feb. 27 was unchanged from the previous week, farm office...

Published 05 Mar, 2023 03:36am

Commodities

Indian rice export rates ease, BD aims to combat hoarding

MUMBAI/HANOI /BANGKOK/DHAKA: Prices of rice shipped from top hub India eased this week on a slowdown in demand from...

Published 05 Mar, 2023 03:36am

Commodities

Japanese rubber futures dip on stronger yen

SINGAPORE: Japanese rubber futures fell on Friday, as a firmer yen made the commodity less affordable for buyers...

Published 05 Mar, 2023 03:36am

Commodities

Canola futures ease

CHICAGO: ICE Canada canola futures ended lower on Friday on profit-taking ahead of the weekend and spill-over...

Published 05 Mar, 2023 03:36am

Commodities

Brazil approves GMO wheat

BUENOS AIRES/SAO PAULO: Brazil has approved the cultivation and sale of drought-tolerant genetically modified wheat,...

Published 05 Mar, 2023 03:36am

Commodities

CBOT corn firm on technical bounce

CHICAGO: Chicago Board of Trade corn futures rose on Friday, supported by a round of speculative buying with traders...

Published 05 Mar, 2023 03:36am

SECP issues new Shariah Governance Regulations, 2023

ISLAMABAD: The proposed “Shariah supervisory board” of the Islamic financial institutions would ensure that the...

Published 05 Mar, 2023 03:36am

Economy under extreme pressure: analyst

KARACHI: The Pakistan economy is continuing under extreme pressure and the ease is missing. High jump of dollar,...

Published 05 Mar, 2023 03:36am

Need stressed for investments in agri sector

KARACHI: An Agriculture Investment Symposium was held to bring together key stakeholders, including investors,...

Published 05 Mar, 2023 03:36am

Withdrawal of power subsidy to hurt exports further: FPCCI

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

Published 05 Mar, 2023 03:36am

Commodities

Gold price declines by Rs1600 per tola

KARACHI: Gold prices on Saturday further declined on the local market, traders said. The rates fell by Rs1600 to...

Published 05 Mar, 2023 03:36am

PD ready for energy security dialogue with US

ISLAMABAD: Power Division has shown its readiness for Energy Security Dialogue with the United States on March 15,...

Updated 05 Mar, 2023 10:14am

PML-N to steer the country out of ‘crises’, says Maryam

GUJRANWALA: Pakistan Muslim League-Nawaz (PML-N) senior vice-president and Chief Organizer Maryam Nawaz said on...

Updated 05 Mar, 2023 10:13am

Imran says ‘ready to forgive all for sake of country’

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Saturday said that he was ready to “forgive everyone”...

Updated 05 Mar, 2023 12:52pm

Punjab approves wheat purchase policy

LAHORE: Punjab Cabinet, which met here Saturday accorded approval to ‘Wheat Purchase Policy for 2023- 2024’ ...

Updated 05 Mar, 2023 10:13am

Lt-Gen Nazir Ahmad (retd) is now new NAB chairman

ISLAMABAD: The federal government on Saturday appointed Lieutenant General Nazir Ahmad (retired) as chairman of the...

Updated 05 Mar, 2023 10:12am

Ongoing crisis result of ‘last 75 years’ mistakes’, says Miftah

KARACHI: Former finance minister Miftah Ismail has said Pakistan has reached to this state owing to the mistakes of...

Published 05 Mar, 2023 03:36am

PTA data for January: 0.87m cell phones produced locally as compared to 0.07m imported ones

ISLAMABAD: Local plants manufactured or assembled 0.87 million mobile handsets during January of 2023 compared to...

Updated 05 Mar, 2023 10:08am

Withholding tax adjustment by CNG stations: FBR circular can’t be applied retrospectively: FTO

ISLAMABAD: The Federal Tax Ombudsman (FTO) has declared that the Federal Board of Revenue’s (FBR’s) circular on...

Published 05 Mar, 2023 03:36am

India raises crude oil windfall tax, cuts diesel export tax

NEW DELHI: India raised its windfall tax on crude oil marginally while cutting the tax on exports of diesel,...

Published 05 Mar, 2023 03:36am

LDCs’ conference: PM leaving for Doha today

ISLAMABAD: Prime Minister Shehbaz Sharif will embark on a two-day visit to Qatar today (Sunday) to participate in ...

Updated 05 Mar, 2023 10:09am

Terrorism in Pakistan: US perspective

EDITORIAL: The US State Department’s perspective on terrorism in Pakistan remains bereft of the whole truth, yet ...

Published 05 Mar, 2023 03:36am

Breakthrough in Kabul?

EDITORIAL: The proof of the pudding will lie in the eating, no doubt, even as a high-level Pakistani delegation...

Published 05 Mar, 2023 03:36am

Taxes

Tier-1 retailers unhappy with direct imposition of ‘highest’ penalty

LAHORE: The Tier-1 Retailers (T-1Rs) are offended with direct imposition of the highest degree of penalty by the...

Published 05 Mar, 2023 03:36am

PM wants promotion of Pak-US trade, investment relations

LAHORE: Prime Minister Muhammad Shehbaz Sharif has asked the Pakistani Mission in Washington and the authorities in...

Published 05 Mar, 2023 03:36am

Industry

TDAP organises ‘Her Hunar’ exhibition

ISLAMABAD: Trade Development Authority of Pakistan (TDAP) on Saturday organized Her Hunar exhibition at Pak-China...

Published 05 Mar, 2023 03:36am

Industry

Increase in agriculture yields: Governor forms three sub-committees to recommend strategy

LAHORE: The Governor Punjab Muhammad Balighur Rehman has constituted three committees on rice, cotton and minor ...

Published 05 Mar, 2023 03:36am

Industry

PALSP seeks govt’s support for export industry of recycled copper

LAHORE: Members of Pakistan Association of Large Steel Producers (PALSP) on Saturday appealed to the government to...

Published 05 Mar, 2023 03:36am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 14	280.68
USD PKR Interbank Buying / Apr 14	280.48
USD to Japanese Yen / Apr 14	143.11
USD to Swiss Franc / Apr 14	0.82
Pound Sterling to USD / Apr 14	1.32
Euro to USD / Apr 14	1.14
UK LIBOR % / Apr 14	4.96

Stock	Volume
S&P 500 / Apr 14	5,405.97
India Sensex / Apr 14	76,852.06
Tokyo Nikkei / Apr 14	34,285.02
Nasdaq / Apr 14	16,831.48
Hang Seng / Apr 14	21,395.12
FTSE 100 / Apr 14	8,134.34
Dow Jones / Apr 14	40,524.79
Germany DAX 30 / Apr 14	20,954.83
France CAC40 / Apr 14	7,273.12

Item	Value
Crude Oil USD/Barrel / Apr 14	61.57
Karachi Cotton PKR/37.32 KG / Apr 14	16,785
Gold 10 Grams PKR / Apr 14	290,466
Gold Spot USD/Ounce / Apr 14	3,225.26
Cotton US¢/pound / Apr 14	65.64
Petrol/Litre / Apr 15	254.63
Diesel/Litre / Apr 15	258.64

Gainers
Losers
Leaders

Stock	Price
Pak Agro Pack. (GEM) / Apr 14 Pak Agro Packaging Limited (GEM)(GEMPAPL)	8.84 ▲ 0.99 (12.61%)
Ruby Textile / Apr 14 Ruby Textile Mills Limited(RUBY)	7.80 ▲ 0.86 (12.39%)
Tariq Corporation / Apr 14 Tariq Corporation Limited(TCORP)	14.69 ▲ 1.34 (10.04%)
Secure Logistics / Apr 14 Secure Logistics Group Limited(SLGL)	14.83 ▲ 1.35 (10.01%)
Engro Powergen / Apr 14 Engro Powergen Qadirpur Limited(EPQL)	35.27 ▲ 3.21 (10.01%)
Dandot Cement / Apr 14 Dandot Cement Company Limited(DNCC)	15.29 ▲ 1.39 (10%)
Bawany Air Products / Apr 14 Bawany Air Products Limited(BAPL)	31.80 ▲ 2.89 (10%)
J.K.Spinning / Apr 14 J.K. Spinning Mills Limited(JKSM)	64.35 ▲ 5.85 (10%)
PIA Holding Co.B / Apr 14 PIA Holding Company Limited B(PIAHCLB)	1,462.40 ▲ 132.95 (10%)
Frontier Ceram / Apr 14 Frontier Ceramics Limited(FRCL)	27.50 ▲ 2.5 (10%)

Stock	Price
Habib Ins. / Apr 14 Habib Insurance Company Limited(HICL)	7.95 ▼ -1.26 (-13.68%)
Oilboy Energy(R) / Apr 14 Oilboy Energy Limited(R)(OBOYR2)	1.62 ▼ -0.24 (-12.9%)
Fateh Ind. / Apr 14 Fateh Industries Limited(FIL)	119.56 ▼ -13.27 (-9.99%)
Sindh Abadgar / Apr 14 Sindh Abadgar's Sugar Mills Limited(SASML)	52.50 ▼ -5.83 (-9.99%)
TPL Life Insur. / Apr 14 TPL Life Insurance Limited(TPLL)	49.35 ▼ -5.46 (-9.96%)
Hafiz Ltd. / Apr 14 Hafiz Limited(HAFL)	255 ▼ -26.68 (-9.47%)
Baba Farid Sugar / Apr 14 Baba Farid Sugar Mills Limited(BAFS)	53 ▼ -5.43 (-9.29%)
Mughal Energy / Apr 14 Mughal Energy Limited(GEM)(GEMMEL)	20 ▼ -2.02 (-9.17%)
First Elite Cap.Mod / Apr 14 First Elite Capital Modaraba(FECM)	16 ▼ -1.59 (-9.04%)
Shahzad Tex. / Apr 14 Shahzad Textile Mills Limited(SZTM)	27.26 ▼ -2.61 (-8.74%)

Stock	Volume
Cnergyico PK / Apr 14 Cnergyico PK Limited(CNERGY)	54,444,707 ▲ 0.23
Pak Int.Bulk / Apr 14 Pakistan International Bulk Terminal(PIBTL)	45,023,605 ▲ 0.5
Pak Elektron / Apr 14 Pak Elektron Limited(PAEL)	40,742,036 ▼ -0.01
Sui South Gas / Apr 14 Sui Southern Gas Company Limited(SSGC)	38,084,018 ▲ 2.37
B.O.Punjab / Apr 14 The Bank of Punjab(BOP)	33,174,212 ▲ 0.16
Citi Pharma Ltd / Apr 14 Citi Pharma Limited(CPHL)	25,349,324 ▲ 1.66
WorldCall Telecom / Apr 14 Worldcall Telecom Limited(WTL)	15,776,896 ▲ 0.02
Power Cement / Apr 14 Power Cement Limited(POWER)	14,852,543 ▼ -0.08
Dewan Cement / Apr 14 Dewan Cement Limited(DCL)	14,486,660 ▲ 0.86
K-Electric Ltd. / Apr 14 K-Electric Limited(KEL)	13,484,387 ▼ -0.04

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