News Archives for Print - 2023-03-15

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Print - 2023-03-15

Beijing warns AUKUS allies on ‘path of error and danger’ with subs pact

BEIJING: China warned on Tuesday that Australia, Britain and the United States were treading a “path of error and...

Published 15 Mar, 2023 07:15am

Money & Banking

Moody’s changes outlook on US banking system to ‘negative’

Moody’s Investors Service on Tuesday revised its outlook on the US banking system to “negative” from “stable”,...

Updated 15 Mar, 2023 02:23pm

Taxes

SST amounts, returns: SRB extends deadlines

KARACHI: Sindh Revenue Board (SRB) has extended the date of e-depositing the amounts of Sindh Sales Tax (SST) and...

Published 15 Mar, 2023 07:07am

Drug price adjustment: Pharma industry seeks support of govt

ISLAMABAD: Pharma industry has sought the support of the government for addressing their issues related to price...

Published 15 Mar, 2023 07:05am

Chinese Group intends to invest $2bn in telecom sector

ISLAMABAD: The Sunwalk Group intended to invest $ 2 billion in the telecom sector for the deployment of an optical...

Published 15 Mar, 2023 07:02am

US military drone crashes into Black Sea after Russian intercept

WASHINGTON: A Russian Su-27 fighter jet intercepted and struck the propeller of a US military MQ-9 “Reaper”...

Published 15 Mar, 2023 06:50am

PPIB decides to drop litigations against IPPs on reciprocal basis

ISLAMABAD: Private Power & Infrastructure Board (PPIB) has reportedly decided to withdraw all suits/ litigation...

Published 15 Mar, 2023 06:46am

Rizwan, Shaheen optimistic about winning title: Lahore takes centre stage as PSL-8 enters final phase

LAHORE: As the battle for the prestigious SuperNova Trophy and yearlong bragging rights enters its final stage,...

Published 15 Mar, 2023 06:01am

Goethe-Institut to host WIFF on 16th

ISLAMABAD: The Women International Film Festival (WIFF) will continue at Karachi on March 16 after successful public...

Published 15 Mar, 2023 06:01am

NA body approves Pakistan Citizenship (Amendment) Bill, 2022

ISLAMABAD: The National Assembly Standing Committee on Interior on Tuesday passed, “The Pakistan Citizenship...

Published 15 Mar, 2023 06:01am

Asia

Nepal seeks easier trade access to Chinese markets

KATHMANDU: Nepal’s Prime Minister Pushpa Kamal Dahal on Tuesday asked China to provide “easy and more ...

Published 15 Mar, 2023 06:01am

Groundbreaking ceremony held: Karachi to have modern neuro-psychiatric hospital

KARACHI: The Children of Adman, a USA-based organisation, will establish a neuro-psychiatric hospital in Karachi ...

Published 15 Mar, 2023 06:01am

Gender equality in agriculture linked to progress

ISLAMABAD: Gender-based barriers limit women’s access to resources, information, and digital technologies, which ...

Published 15 Mar, 2023 06:01am

Case about remarks against female judge: Court suspends arrest warrants of Imran till 16th

ISLAMABAD: A local court on Tuesday suspended a non-bailable arrest warrants issued for Pakistan Tehreek-e-Insaf...

Published 15 Mar, 2023 06:01am

COAS visits border posts in South Waziristan

RAWALPINDI: Chief of Army Staff (COAS) General Syed Asim Munir on Tuesday visited forward posts at the Pak-Afghan...

Published 15 Mar, 2023 06:01am

CDA’s inaction assailed: Senate body seeks action against encroachers on govt-owned houses

ISLAMABAD: A parliamentary panel, expressing anger over the Capital Development Authority’s (CDA) failure to ...

Published 15 Mar, 2023 06:01am

The Weather

KARACHI: The weather report on Tuesday (March 14, 2023) and the forecast for Wednesday (March 15, 2023)...

Published 15 Mar, 2023 06:01am

Census monitoring dashboards: PBS asks Nadra to give provinces access

ISLAMABAD: The Pakistan Bureau of Statistics (PBS) has asked the National Database and Registration Authority ...

Published 15 Mar, 2023 06:01am

Toshakhana case: Imran moves IHC against his arrest warrants

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan, Tuesday, moved the Islamabad High Court (IHC) against...

Published 15 Mar, 2023 06:01am

Tola for unity, political stability to steer country out of current economic crisis

KARACHI: State Minister and Chairman of Reforms and Resource Mobilization Commission (RRMC), Ashfaq Tola has said...

Published 15 Mar, 2023 06:01am

Toshakhana policy bars retention of gifts of over $300 by recipients

ISLAMABAD: Toshakhana 8 March 2023 policy specifically bars the retention of gifts of cars and antiques by the...

Published 15 Mar, 2023 06:01am

Corruption caused by lack of access to justice: CJP

ISLAMABAD: Chief Justice Umar Ata Bandial, while hearing former Prime Minister Imran Khan’s petition against the...

Published 15 Mar, 2023 06:01am

Bills against grant of extension to services chiefs submitted to Senate

ISLAMABAD: Three separate bills seeking to take away prime minister’s powers to retain retiring services chiefs ...

Published 15 Mar, 2023 06:01am

Receiver of foreign gift is its sole owner, claims ex-PM

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) senior leader and former premier Shahid Khaqan Abbasi, on Tuesday,...

Updated 29 Aug, 2023 01:09am

British Council announces winners of Study UK Alumni Awards

LAHORE: The British Council held its ninth annual Study UK Alumni Awards ceremony in Lahore, celebrating the...

Published 15 Mar, 2023 06:01am

Election to Punjab PA: PML-N invites applications from aspiring candidates

LAHORE: The Pakistan Muslim League-Nawaz (PML-N) has invited applications from the aspiring candidates to contest ...

Published 15 Mar, 2023 06:01am

PML-N to win elections with thumping majority: Maryam

LAHORE: Pakistan Muslim League-Nawaz (PML-N) Senior Vice President and Chief Organiser Maryam Nawaz said on Tuesday...

Published 15 Mar, 2023 06:01am

Fesco chief for issuing NOCs to election candidates

FAISALABAD: Chairman Faisalabad Electric Supply Company (Fesco) Board of Directors Malik Tahsin Awan has issued...

Published 15 Mar, 2023 06:01am

PARTLY FACETIOUS: ‘Twelfth person’ or ‘twelfth man’?

“So compare a tin of pineapples with a five karat ring?” “I heard The Khan’s twelfth person in the team say...

Published 15 Mar, 2023 06:01am

Growing conflict among political forces worries JI chief

LAHORE: Chief of Jamaat-e-Islami (JI) Sirajul Haq has expressed concern over the rising conflict and clash among the...

Published 15 Mar, 2023 06:01am

Stocks

Indian shares hit 5-month low on US banking crisis

BENGALURU: Indian shares hit a five-month low on Tuesday as the relentless selling continued for a fourth session...

Published 15 Mar, 2023 06:01am

Stocks

Wall St rallies on rebound in banks, rate hike bets

NEW YORK: Battered US bank shares rebounded on Tuesday, driving Wall Street’s main indexes higher, while a slight...

Published 15 Mar, 2023 06:01am

Inefficient land use

Domestic commerce historically has been ignored by both policymakers and researchers in Pakistan to date. This is...

Published 15 Mar, 2023 06:01am

Energy sector reforms: Earnest intentions for structural changes necessary – V

Expanding the thought process, 1- Proven integrated model of K-Electric needs to be replicated in other power DISCOs...

Updated 15 Mar, 2023 06:27am

Letters

‘The Toshakhana under national or perhaps global focus’

This is apropos a letter to the Editor carried by the newspaper yesterday. In my view, however, the gifts received ...

Published 15 Mar, 2023 06:01am

Possible arrest of chairman: PTI workers block roads in Karachi, leading to traffic jams

KARACHI: Pakistan Tehreek-e-Insaf (PTI) workers and supporters took to some roads in Karachi against the possible...

Published 15 Mar, 2023 06:01am

Sindh governor inaugurates Tariq Sayeed Avenue

KARACHI: Governor Sindh Muhammad Kamran Khan Tessori accompanied by Administrator Karachi Dr. Saifur Rehman,...

Published 15 Mar, 2023 06:01am

SCBPL, BDHC observe International Women’s Day

KARACHI: The Standard Chartered Bank Pakistan Limited (SCBPL) in partnership with the British Deputy High Commission...

Published 15 Mar, 2023 06:01am

Senate’s 50th anniversary: PTI not to take part in celebrations

ISLAMABAD: As the Senate of Pakistan is set to celebrate its 50th anniversary, major opposition party Pakistan...

Published 15 Mar, 2023 06:01am

Sindh PA session: PTI members mount protest over Taj’s arrest

KARACHI: The PTI legislators on Tuesday cried foul over a colleague’s arrest by police and protested against the...

Published 15 Mar, 2023 06:01am

President rejects poll delay rumours

ISLAMABAD: President Dr Arif Alvi on Tuesday rejected speculations about delay in elections and said he strongly...

Published 15 Mar, 2023 06:01am

NDMA initiates series of simulation exercises

ISLAMABAD: The National Disaster Management Authority (NDMA) in an effort to effectively tackle any form of ...

Published 15 Mar, 2023 06:01am

Navid Shaikh appointed secretary of IT&T ministry

ISLAMABAD: The government has appointed Navid Ahmed Shaikh, a BS-22 officer of the Pakistan Administrative Service,...

Published 15 Mar, 2023 06:01am

More than 1,000 degrees awarded at SSUET convocation

KARACHI: The Sir Syed University of Engineering and Technology (SSUET) organised its 26th convocation and more than...

Published 15 Mar, 2023 06:01am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 15 Mar, 2023 06:01am

Stocks

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

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

Published 15 Mar, 2023 06:01am

Stocks

Last date of renunciation/payment

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

Published 15 Mar, 2023 06:01am

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 15 Mar, 2023 06:01am

Rates

Stocks fall in choppy trade

KARACHI: Pakistan Stock Exchange Tuesday witnessed a mixed trend and after moving both ways, closed on a negative...

Published 15 Mar, 2023 06:01am

Grains

EU 2022/23 soft wheat exports at 21.54m tonnes

PARIS: Soft wheat exports from the European Union in the 2022/23 season that started in July had reached 21.54...

Published 15 Mar, 2023 06:01am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 130,937 tonnes of cargo comprising 58,608 tonnes of import cargo and 72,329...

Published 15 Mar, 2023 06:01am

Stocks

China stocks fall as SVB contagion fears persist

SHANGHAI: China and Hong Kong stocks fell to their lowest in more than two months on Tuesday, as fears about...

Published 15 Mar, 2023 06:01am

Stocks

European stocks log strongest one-day gain

PARIS: European shares on Tuesday posted their biggest single-day gain in nearly three months, helped by a resilient...

Published 15 Mar, 2023 06:01am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Tuesday (March 14, 2023). ======================== Open Bid Rs...

Published 15 Mar, 2023 06:01am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (March 14, 2023)....

Published 15 Mar, 2023 06:01am

Rates

LME official prices

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

Published 15 Mar, 2023 06:01am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Tuesday (March 14, 2023). ======================================= Offset...

Published 15 Mar, 2023 06:01am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (March 14, 2023)....

Published 15 Mar, 2023 06:01am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Tuesday (March 14, 2023)....

Published 15 Mar, 2023 06:01am

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 15 Mar, 2023 06:01am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Tuesday (March 14, 2023)....

Published 15 Mar, 2023 06:01am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (March 14, 2023). ==================================== BR...

Published 15 Mar, 2023 06:01am

Rates

BOARD MEETINGS

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

Published 15 Mar, 2023 06:01am

Rates

Board meetings in progress

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

Published 15 Mar, 2023 06:01am

Rates

Dividend/Bonus Announcements

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

Published 15 Mar, 2023 06:01am

Rates

Proposed right issues

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

Published 15 Mar, 2023 06:01am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Tuesday (March 14, 2023). ======================== OFFER PRICE...

Published 15 Mar, 2023 06:01am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Tuesday (March 14, 2023). ======================== OFFER PRICE...

Published 15 Mar, 2023 06:01am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Tuesday (March 14, 2023). ======================== OFFER PRICE...

Published 15 Mar, 2023 06:01am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Tuesday (March 14, 2023). ======================== OFFER PRICE ...

Published 15 Mar, 2023 06:01am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Tuesday (March 14, 2023). ======================== OFFER PRICE 1,462.0869...

Published 15 Mar, 2023 06:01am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Tuesday (March 14, 2023). ======================== OFFER PRICE...

Published 15 Mar, 2023 06:01am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Tuesday (March 14, 2023). ======================== OFFER PRICE...

Published 15 Mar, 2023 06:01am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Tuesday (March 14, 2023). ======================== OFFER PRICE...

Published 15 Mar, 2023 06:01am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Tuesday (March 14, 2023). ======================== OFFER PRICE...

Published 15 Mar, 2023 06:01am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Tuesday (March 14, 2023). ======================== OFFER PRICE...

Published 15 Mar, 2023 06:01am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Tuesday (March 14, 2023). ======================== Offer Price...

Published 15 Mar, 2023 06:01am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Tuesday (March 14, 2023). ======================== Offer Price...

Published 15 Mar, 2023 06:01am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Tuesday (March 14, 2023). ======================== Offer ...

Published 15 Mar, 2023 06:01am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Tuesday (March 14, 2023). ======================== Offer Price...

Published 15 Mar, 2023 06:01am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Tuesday (March 14, 2023). ======================== Offer Price ...

Published 15 Mar, 2023 06:01am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Tuesday (March 14, 2023). ======================== Offer Price 1,279.8307 Bid...

Published 15 Mar, 2023 06:01am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (March 14, 2023). ========================...

Published 15 Mar, 2023 06:01am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (March 14, 2023). ========================...

Published 15 Mar, 2023 06:01am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Tuesday (March 14, 2023). ========================== KIBOR...

Published 15 Mar, 2023 06:01am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Tuesday (March 14, 2023)....

Published 15 Mar, 2023 06:01am

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 15 Mar, 2023 06:01am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (March 14,...

Published 15 Mar, 2023 06:01am

Jul-Jan LSMI output falls 4.40pc YoY

The LSMI output decreases by 7.9 percent for January 2023 when compared with January 2022

Updated 15 Mar, 2023 06:16pm

Staff-level deal with IMF ‘within a few days’: PM

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Cotton US¢/pound / Dec 18	68.50
Petrol/Litre / Dec 19	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
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%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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