News Archives for Print - 2023-03-17

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Print - 2023-03-17

Maryam vows to put country back on development path

LAHORE: PML-N Chief Organizer Maryam Nawaz has expressed firm resolve to put Pakistan again on path of development ...

Published 17 Mar, 2023 07:17am

PTI ex-MPA’s interim pre-arrest bail extended

LAHORE: The Lahore High Court (LHC) on Thursday extended the interim pre-arrest bail of former Pakistan...

Published 17 Mar, 2023 07:10am

ECB raises rates as planned despite banking turmoil

FRANKFURT: The European Central Bank raised interest rates by 50 basis points on Thursday as promised, ignoring...

Published 17 Mar, 2023 07:09am

Any attempt to declare emergency in G-B to prove ‘last nail in PDM’s coffin’: CM

ISLAMABAD: Gilgit-Baltistan Chief Minister Khalid Khurshid on Thursday warned that any attempt to declare an...

Published 17 Mar, 2023 07:07am

LHC bars PTI from holding rally at Minar-e-Pakistan on 19th

LAHORE: The Lahore High Court (LHC) on Thursday barred Pakistan Tehreek-e-Insaf (PTI) from holding its public ...

Updated 17 Mar, 2023 09:14am

Automated refunds: FBR to apply new risk parameters for processing

ISLAMABAD: The Federal Board of Revenue (FBR) will apply new risk parameters for processing the automated sales tax...

Updated 17 Mar, 2023 09:16am

FBR issues negative list of 714 goods

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 714 items on which input tax adjustment shall not...

Updated 17 Mar, 2023 09:16am

Telecom sector: FBR to implement single ST return portal as pilot project

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to implement the single sales tax return portal initially...

Updated 17 Mar, 2023 09:14am

Umpire Ahsan Raza elevated to ICC Elite Panel of Umpires

LAHORE: Chair of the PCB Management Committee, Najam Sethi, has congratulated Ahsan Raza on his elevation to the ICC...

Published 17 Mar, 2023 06:16am

Artificial Intelligence Summit-2023: Private sector should lead way to export-led economy: minister

ISLAMABAD: Minister for Planning, Development and Special Initiatives Ahsan Iqbal has said that the private sector...

Published 17 Mar, 2023 06:16am

Friendly delay ‘last hurdle’ to IMF bailout

Finance Minister Ishaq Dar says several countries had made commitments to support Pakistan during previous International Monetary Fund reviews

Updated 17 Mar, 2023 09:18am

Govt has taken ‘tough’ decisions ‘to save state’: PM

ISLAMABAD: In the wake of massive inflation triggered by serious economic challenges, Prime Minister Shehbaz Sharif...

Updated 17 Mar, 2023 09:15am

Yellen says US banking system sound despite turmoil

WASHINGTON: The US banking system remains sound despite market anxiety over the collapse of Silicon Valley Bank ...

Updated 17 Mar, 2023 09:15am

Financial obligations: Chinese firm urges CPPA-G to allocate maximum funds

CPPA-G has allocated Rs 2.93 billion to CPHGC till March 10, 2023

Updated 17 Mar, 2023 11:33am

Nepra grills PD team for proposing surcharge plan

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) Thursday grilled Power Division for proposing...

Updated 17 Mar, 2023 09:17am

SBP properties: SC bars Manora, Hyderabad Cantt boards from taking coercive steps

ISLAMABAD: The Supreme Court has barred the Cantonment Boards Hyderabad and Manora from taking coercive measures...

Updated 17 Mar, 2023 09:12am

Fertiliser efficiency: US announces $4.5m new programme for farmers

ISLAMABAD: The United States Thursday announced a $4.5 million new programme to strengthen fertilizer efficiency and...

Updated 17 Mar, 2023 09:13am

UN grants one-year extension to Afghanistan mission

UNITED NATIONS: The Security Council on Thursday renewed the United Nations Mission in Afghanistan (UNAMA) for...

Updated 17 Mar, 2023 09:10am

Taxes

Experts for imposition of tax on Toshakhana gifts on deemed income basis

ISLAMABAD: Gifts including jewelry/gold received/purchased by politicians from Toshakhana should be charged to ...

Published 17 Mar, 2023 06:16am

COAS meeting with business leaders to help build trust: LCCI

LAHORE: The business community has appreciated Chief of Army Staff Gen Asim Munir for having meeting with top...

Published 17 Mar, 2023 06:16am

HSHM signs accord with Iqra University

ISLAMABAD: Hashoo School of Hospitality Management (HSHM) has recently signed an agreement with the Iqra University,...

Published 17 Mar, 2023 06:16am

GO organises educational tour for Sweet Home children

BUREWALA: Gas & Oil Pakistan Ltd. (GO) sponsored a three-day educational and recreational trip for 20 children ...

Published 17 Mar, 2023 06:16am

Hamdard Shura holds meeting on ‘Embrace Ethics Save Pakistan’

KARACHI: The Shura Hamdard Karachi convened its monthly meeting at Hamdard Corporate Head Office. The meeting was...

Published 17 Mar, 2023 06:16am

Beneficiaries also from ICT, AJK & GB: Govt disburses Rs911m to heirs of flood victims in four provinces

ISLAMABAD: The government has disbursed Rs911 million, ex-gratia to the family members of those who have lost their...

Published 17 Mar, 2023 06:16am

Sindh PA’s pre-budget session witnesses political slugfest

KARACHI: The Sindh Assembly’s pre-budget session on Thursday saw a political slugfest, as the opposition accused...

Published 17 Mar, 2023 06:16am

SC dismisses petition seeking president’s disqualification

ISLAMABAD: The Supreme Court on Thursday dismissed a petition that sought the disqualification of President Dr Arif...

Published 17 Mar, 2023 06:16am

Religious scholars urged to raise awareness about unhealthy foods

ISLAMABAD: Speakers at a seminar stressed the need for raising awareness about communicable and non-communicable...

Published 17 Mar, 2023 06:16am

Alvi favours joint measures for inclusion of PWDs

ISLAMABAD: President Dr Arif Alvi has said there is a need for collective measures to be taken by the government and...

Published 17 Mar, 2023 06:16am

Minister calls for exemplary punishment of Imran

ISLAMABAD: Federal Minister Mian Javed Latif on Thursday demanded exemplary punishment for Pakistan Tehreek-e-Insaf...

Published 17 Mar, 2023 06:16am

MAP holds convention on Timeless Leadership

KARACHI: The Management Association of Pakistan (MAP) held its 23rd Convention in Karachi on Wednesday; in ...

Published 17 Mar, 2023 06:16am

Performance management system: Ahsan asks HEC to create comprehensive framework for varsities

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal has directed the Higher...

Published 17 Mar, 2023 06:16am

The Weather

KARACHI: The weather report on Thursday (March 16, 2023) and the forecast for Friday (March 17, 2023)...

Published 17 Mar, 2023 06:16am

Toshakhana case: Court dismisses IK’s petition, upholds arrest warrant

ISLAMABAD: A local court Thursday dismissed Pakistan Tehreek-e-Insaf (PTI) Chairman and former premier Imran ...

Updated 17 Mar, 2023 09:11am

IK decides to appear before court on 18th

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has decided to appear before an Islamabad session court ...

Updated 17 Mar, 2023 09:12am

Govt has nothing to do with attempt to arrest Imran: minister

ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb said on Thursday that the government has...

Published 17 Mar, 2023 06:16am

Corporate farming: Punjab BoR asked to hand over 45,267 acres of state land to army

ISLAMABAD: The General Headquarters Lands Directorate has asked the Board of Revenue, Punjab to handover state lands...

Published 17 Mar, 2023 06:16am

Law ministry asked to request CJP to take austerity measures

ISLAMABAD: The austerity committee has asked Ministry of Law to request Chief Justice of Pakistan to also take...

Published 17 Mar, 2023 06:16am

PARTLY FACETIOUS: Malala certainly does us proud

“Malala Yousafzai looked really nice at the Oscars.” “Better than…” “Hey stop comparing her with others....

Published 17 Mar, 2023 06:16am

Arms, ammunition recovered in IBO operation

ISLAMABAD: An intelligence-based operation was carried out in general area Boghra Rd, Chaman to search a suspected...

Published 17 Mar, 2023 06:16am

PTI supporters block entrance of IK’s house

LAHORE: The Pakistan Tehreek-e-Insaf (PTI) supporters on Thursday sealed the entrance of party chairman Imran...

Published 17 Mar, 2023 06:16am

Nawaz’s treatment abroad: PTI had no locus standi to become party to the matter, says LHC

LAHORE: The Lahore High Court on Thursday ruled that the Pakistan Tehreek-e-Insaf (PTI) had no locus standi to ...

Published 17 Mar, 2023 06:16am

Militants from KP hiding at Imran’s residence, claims minister

LAHORE: Punjab Inspector General Police (IGP) Dr Usman Anwar has said that police force showed restraint to avoid...

Published 17 Mar, 2023 06:16am

Stocks

Euro rises, dollar falls after ECB rate decision

NEW YORK: The dollar fell and the euro rose on Thursday after the European Central Bank raised interest rates as...

Published 17 Mar, 2023 06:16am

Stocks

Wall St rebounds on reports about First Republic’s deal talks with big banks

NEW YORK: Wall Street’s main indexes reversed declines on Thursday after a report said some US big banks were in...

Published 17 Mar, 2023 06:16am

New FATF guidelines: Shell companies and beneficial ownership

Shell companies are considered the safest means to stash wealth created through criminal activities. Incorporation ...

Updated 17 Mar, 2023 06:42am

Austerity and the threat of another pandemic

‘During the peak of the Omicron wave in January 2022, US congressional leaders across the political spectrum were...

Updated 17 Mar, 2023 06:44am

Letters

A positive development indeed

It is indeed a matter of great satisfaction and relief for the entire nation that a deeply embittered Imran Khan has...

Published 17 Mar, 2023 06:16am

Stocks

Capital market: PSX, IFMP sign MoU with CISI for development of human resources

KARACHI: The Pakistan Stock Exchange (PSX) and Institute of Financial Markets of Pakistan (IFMP) signed a Memorandum...

Published 17 Mar, 2023 06:16am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 17 Mar, 2023 06:16am

Stocks

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

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

Published 17 Mar, 2023 06:16am

Stocks

Last date of renunciation/payment

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

Published 17 Mar, 2023 06:16am

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 17 Mar, 2023 06:16am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (March 16, 2023). ========================== KIBOR...

Published 17 Mar, 2023 06:16am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Thursday (March 16, 2023)....

Published 17 Mar, 2023 06:16am

Rates

PSX ends on negative note

KARACHI: Pakistan Stock Exchange on Thursday closed on negative note as the investors opted to book profit on their...

Published 17 Mar, 2023 06:16am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 166,304 tonnes of cargo comprising 104,951 tonnes of import cargo and 61,353...

Published 17 Mar, 2023 06:16am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (March 16, 2023). ======================================= Offset...

Published 17 Mar, 2023 06:16am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (March 16, 2023)....

Published 17 Mar, 2023 06:16am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Thursday (March 16, 2023)....

Published 17 Mar, 2023 06:16am

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 17 Mar, 2023 06:16am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Thursday (March 16, 2023)....

Published 17 Mar, 2023 06:16am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (March 16, 2023). ==================================== BR...

Published 17 Mar, 2023 06:16am

Rates

BOARD MEETINGS

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

Published 17 Mar, 2023 06:16am

Rates

Board meetings in progress

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

Published 17 Mar, 2023 06:16am

Rates

Dividend/Bonus Announcements

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

Published 17 Mar, 2023 06:16am

Rates

Proposed right issues

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

Published 17 Mar, 2023 06:16am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Thursday (March 16, 2023). ======================== OFFER PRICE...

Published 17 Mar, 2023 06:16am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Thursday (March 16, 2023). ======================== OFFER PRICE...

Published 17 Mar, 2023 06:16am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Thursday (March 16, 2023). ======================== OFFER PRICE...

Published 17 Mar, 2023 06:16am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Thursday (March 16, 2023). ======================== OFFER PRICE...

Published 17 Mar, 2023 06:16am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Thursday (March 16, 2023). ======================== OFFER PRICE 1,462.5437...

Published 17 Mar, 2023 06:16am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Thursday (March 16, 2023). ======================== OFFER PRICE...

Published 17 Mar, 2023 06:16am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Thursday (March 16, 2023). ======================== OFFER PRICE...

Published 17 Mar, 2023 06:16am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Thursday (March 16, 2023). ======================== OFFER PRICE...

Published 17 Mar, 2023 06:16am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Thursday (March 16, 2023). ======================== OFFER PRICE...

Published 17 Mar, 2023 06:16am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Thursday (March 16, 2023). ======================== OFFER PRICE...

Published 17 Mar, 2023 06:16am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Thursday (March 16, 2023). ======================== Offer Price...

Published 17 Mar, 2023 06:16am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Thursday (March 16, 2023). ======================== Offer Price...

Published 17 Mar, 2023 06:16am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Thursday (March 16, 2023). ======================== Offer ...

Published 17 Mar, 2023 06:16am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Thursday (March 16, 2023). ======================== Offer Price...

Published 17 Mar, 2023 06:16am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Thursday (March 16, 2023). ======================== Offer Price...

Published 17 Mar, 2023 06:16am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Thursday (March 16, 2023). ======================== Offer Price 1,281.6925 Bid...

Published 17 Mar, 2023 06:16am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Thursday (March 16, 2023). ========================...

Published 17 Mar, 2023 06:16am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Thursday (March 16, 2023). ========================...

Published 17 Mar, 2023 06:16am

Vietnam envoy, caretaker CM of Punjab discuss trade ties

LAHORE: The Ambassador of Vietnam to Pakistan, Nguyen Tien Phong has expressed optimism that trade and bilateral ...

Published 17 Mar, 2023 06:15am

Energy

Gasoil trading liquidity improves

SINGAPORE: Asia’s 10-ppm sulphur gasoil trading liquidity picked up after a myriad of sellers emerged to offload...

Published 17 Mar, 2023 06:15am

Grains

Asia rice: weak currency hits rates in India, Thailand

MUMBAI/HANOI/ BANGKOK: Vietnam’s rice export prices extended gains this week as it shipped more of the staple ...

Published 17 Mar, 2023 06:15am

Commodities

Canola futures slip

CHICAGO: ICE Canada canola futures fell for the ninth straight trading session on Wednesday, with prices remaining...

Published 17 Mar, 2023 06:15am

Commodities

Vietnam domestic coffee prices drift lower

HANOI/BANDAR LAMPUNG, (Indonesia): Vietnam’s domestic coffee prices fell from last week following the global ...

Published 17 Mar, 2023 06:15am

Commodities

Japanese rubber futures dip

SINGAPORE: Japanese rubber futures fell on Thursday, as wild swings in the banking sector this week reduced risk...

Published 17 Mar, 2023 06:15am

Commodities

PMEX daily trading report

KARACHI: On Wednesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 31.194...

Published 17 Mar, 2023 06:15am

Energy

US natgas gains on short-covering

NEW YORK: US natural gas futures rose on Thursday as investors covered short positions ahead of a weekly inventory...

Published 17 Mar, 2023 06:15am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday (March 16, 2023)....

Published 17 Mar, 2023 06:15am

Cotton & Textile

Cotton spot rate drops by Rs300 per maund

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Thursday decreased the spot rate by Rs...

Published 17 Mar, 2023 06:15am

Commodities

Iron ore slumps on risk aversion, China steel output curbs

MANILA: Dalian and Singapore iron ore futures slumped on Thursday, along with steel benchmarks in China as sentiment...

Published 17 Mar, 2023 06:15am

Oil rises 2pc as S Arabia, Russia hold talks

Energy

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
Chenab Ltd (Pref) / Dec 18 Chenab Limited (Pref)(CLCPS)	3.99 ▲ 0.49 (14.00%)
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%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Masood Textile / Dec 18 Masood Textile Mills Limited(MSOT)	55 ▲ 5.00 (10.00%)
Pak Datacom / Dec 18 Pak Datacom Limited(PAKD)	103.94 ▲ 9.45 (10.00%)
B.R.R. Guardian / Dec 18 B.R.R. Guardian Limited(BRRG)	21.24 ▲ 1.93 (9.99%)
LSE Financial Serv. / Dec 18 LSE Financial Services Limited(LSEFSL)	20.15 ▲ 1.83 (9.99%)
Sana Ind / Dec 18 Sana Industries Limited(SNAI)	36.89 ▲ 3.35 (9.99%)

Stock	Price
Askari Life Assur. / Dec 18 Askari Life Assurance Company Limited(ALAC)	5 ▼ -0.70 (-12.28%)
Olympia Mills / Dec 18 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Service Textile / Dec 18 Service Industries Textiles Limited(SERT)	11.31 ▼ -1.22 (-9.74%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	737.50 ▼ -72.26 (-8.92%)
Pakistan Services / Dec 18 Pakistan Services Limited(PSEL)	737 ▼ -67.63 (-8.41%)
GOC (Pak) / Dec 18 GOC (Pak) Limited.(GOC)	66.10 ▼ -5.97 (-8.28%)
Leiner Pak Gelat / Dec 18 Leiner Pak Gelatine Limited(LPGL)	118.11 ▼ -8.56 (-6.76%)
Dawood Equities / Dec 18 Dawood Equities Limited(DEL)	8.60 ▼ -0.55 (-6.01%)
Bank of Khyber / Dec 18 The Bank of Khyber(BOK)	13.03 ▼ -0.82 (-5.92%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▲ 0.02
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 1.39
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.01
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.14
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▲ 1.93
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.64
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.49
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▲ 3.27
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▲ 0.05

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