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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	153.56
USD to Swiss Franc / Dec 17	0.89
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
India Sensex / Dec 17	80,684.45
Tokyo Nikkei / Dec 17	39,164.26
Nasdaq / Dec 17	20,109.06
Hang Seng / Dec 17	19,815.30
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37

Item	Value
Crude Oil USD/Barrel / Dec 17	70.11
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Gold Spot USD/Ounce / Dec 17	2,644.07
Cotton US¢/pound / Dec 17	68.53
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.65 ▲ 0.95 (16.67%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.97 ▲ 0.86 (12.10%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.50 ▲ 0.45 (11.11%)
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%)
Nimir Resins / Dec 18 Nimir Resins Limited(NRSL)	35.16 ▲ 3.20 (10.01%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Diamond Ind. / Dec 18 Diamond Industries Limited(DIIL)	20.90 ▲ 1.90 (10.00%)
Pak Datacom / Dec 18 Pak Datacom Limited(PAKD)	103.94 ▲ 9.45 (10.00%)

Stock	Price
Equity Modaraba / Dec 18 First Equity Modaraba(FEM)	3.01 ▼ -0.43 (-12.50%)
Dewan Textile / Dec 18 Dewan Textile Mills Limited(DWTM)	5.67 ▼ -0.77 (-11.96%)
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%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
J.K.Spinning / Dec 18 J.K. Spinning Mills Limited(JKSM)	58.50 ▼ -6.50 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)
Sanghar Sugar / Dec 18 Sanghar Sugar Mills Limited(SANSM)	29.20 ▼ -3.15 (-9.74%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.09
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▼ -0.01
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.23
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.20
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▲ 0.41
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.94
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.24
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -1.92
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.10

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