News Archives for Print - 2023-04-02

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Print - 2023-04-02

Punjab election delay: Govt expresses ‘no trust’ in SC’s 3-member bench

LAHORE: Expressing no confidence in the three-member Supreme Court bench hearing the case pertaining to the...

Updated 02 Apr, 2023 10:22am

Terrorists from Iran side kill four Pak soldiers

Army says Pakistani authorities were making contact with Iran to seek ways of preventing such incidents in the future

Updated 02 Apr, 2023 10:30am

Pakistan not running out of water: report

LAHORE: Contrary to popular perception, Pakistan is not running out of water, not just yet as the available...

Updated 02 Apr, 2023 10:26am

Eight found dead crossing into US from Canada

MONTREAL: Eight people including two children were found dead in a marsh near the Canada-US border after trying to...

Published 02 Apr, 2023 03:02am

Arkansas tornado kills 3, Midwest storms leave 3 dead

WASHINGTON: A tornado tore through the southern US state of Arkansas and killed three people on Friday, while severe...

Published 02 Apr, 2023 03:02am

Man shot dead after grabbing Israeli cop’s gun

OCCUPIED JERUSALEM: A man detained by Israeli police near a flashpoint mosque compound in Jerusalem grabbed an...

Published 02 Apr, 2023 03:02am

PC yet to recover Rs5.2bn outstanding receivables from 13 parties

ISLAMABAD: The Privatisation Commission (PC) is yet to recover outstanding receivables of Rs 5.2 billion from 13...

Published 02 Apr, 2023 03:02am

Musarrat Hilali sworn in as first woman acting Chief Justice of PHC

Khyber Pakhtunkhwa Governor Haji Ghulam Ali administered the oath

Updated 02 Apr, 2023 10:32am

PM pays tribute to soldiers martyred in terrorist attack

ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday expressed grief and sorrow over the martyrdom of four security...

Published 02 Apr, 2023 03:02am

PU-ASA welcomes appointment of pro-vice chancellor

LAHORE: The Punjab University Academic Staff Association (PU-ASA) on Saturday welcomed the appointment of Prof Dr...

Published 02 Apr, 2023 03:02am

Low investment in research termed hurdle to agri productivity

ISLAMABAD: “Limited investment in research on producing quality seeds and imbalance use of fertilizers are the...

Published 02 Apr, 2023 03:02am

People of three nuclear powers suffering from hunger, claims Zahid Hussain

KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum,...

Published 02 Apr, 2023 03:02am

Sale of tickets for Pak-NZ series to begin today

LAHORE: The tickets for the three T20 Internationals between Pakistan and New Zealand in Lahore will go on sale on...

Published 02 Apr, 2023 03:02am

Gill’s indictment again deferred

ISLAMABAD: A local court on Saturday again deferred framing of charges against Pakistan Tehreek-e-Insaf (PTI) leader...

Published 02 Apr, 2023 03:02am

Maryam announces MSF relaunch, vows to make Pakistan strong

LAHORE: Announcing the re-launching of the Muslim Students Federation (MSF) with new vigour, Pakistan Muslim...

Published 02 Apr, 2023 03:02am

JI confident of sweeping polls in remaining 11 UCs

KARACHI: Jamaat-e-Islami (JI) Karachi has dubbed the MQM a “facilitator” of the ruling PPP and vowed to sweep ...

Published 02 Apr, 2023 03:02am

Ration distribution tragedy: FPCCI chief offers condolences to affected families

KARACHI: Suleman Chawla, Acting President FPCCI, has offered heartfelt condolence to the families of the people who...

Published 02 Apr, 2023 03:02am

Balochistan govt provides 120 sound systems to minorities’ worship places

QUETTA: Balochistan Minority Affairs Advisor Khalil George on Saturday said that the provincial government was using...

Published 02 Apr, 2023 03:02am

PDM trying to find excuses to avoid polls, claims PTI

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) secretary general Asad Umar on Saturday said that the ruling coalition,...

Published 02 Apr, 2023 03:02am

Alkhidmat urges rich people to help provide Eid vouchers to orphans

KARACHI: Alkhidmat Karachi on Saturday appealed to the rich for a help in contributing Eid shopping vouchers for...

Published 02 Apr, 2023 03:02am

Petition against construction of divisional complex: LHC declares district collector’s notification as ultra vires of law

LAHORE: The Lahore High Court on account of failure to submit the Initial Environment Examination (IEE) declared a...

Published 02 Apr, 2023 03:02am

Administrator opens research dept at Karachi Institute of Heart Disease

KARACHI: Administrator Karachi Dr Syed Saif-ur-Rahman on Saturday inaugurated the Research department at Karachi...

Published 02 Apr, 2023 03:02am

Commodities

Gold declines slightly

KARACHI: Gold prices on Saturday posted a little fall on the local market, traders said. The precious metal inched...

Published 02 Apr, 2023 03:02am

Rs15bn subsidy to be provided in Ramzan: Sharjeel

KARACHI: Sindh Information Minister Sharjeel Inam Memon on Saturday said that a subsidy of Rs15 billion would be...

Published 02 Apr, 2023 03:02am

Gilani and Khursheed Shah meet Dar

ISLAMABAD: Former Prime Minister Syed Yousuf Raza Gilani and Federal Minister for Water Resources, Syed Khursheed...

Published 02 Apr, 2023 03:02am

Cases of auto theft, mobile snatching on the rise in federal capital

ISLAMABAD: The federal capital is constantly witnessing a rise in the cases of auto thefts and mobile snatching as...

Published 02 Apr, 2023 03:02am

GFGCF meeting: Pakistan calls for resolution of developing countries’ issues

ISLAMABAD: At the Group of Friends for Green Climate Fund (GFGCF), Pakistan has called for an early resolution of...

Published 02 Apr, 2023 03:02am

Need stressed for more awareness about ASD

ISLAMABAD: First Lady Begum Samina Alvi has stressed upon greater awareness about Autism Spectrum Disorder to create...

Published 02 Apr, 2023 03:02am

CM visits free flour distribution centre

LAHORE: The caretaker Chief Minister Punjab Mohsin Naqvi made a surprise visit to the free flour distribution centre...

Published 02 Apr, 2023 03:02am

The Weather

KARACHI: The weather report on Saturday (April 01, 2023) and the forecast for Sunday (April 02, 2023)...

Published 02 Apr, 2023 03:02am

Immovable properties: FBR to unveil increased values from July 1

It is also to be noted that the FBR is presently pursuing the agenda of taxation reforms namely Pakistan Raises Revenue Project (PRRP) under the auspices of World Bank

Updated 02 Apr, 2023 02:16pm

Amendments to sales tax: cement supplies being questioned

LAHORE: Repeated amendments to the Sales Tax law has opened a window of opportunity for tax authorities to mix them...

Updated 02 Apr, 2023 10:25am

Ex-Fata, Punjab, Sindh, KP: Cabinet approves over Rs7bn TSGs for uplift schemes

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved over Rs 7 billion in technical...

Updated 02 Apr, 2023 10:22am

March inflation soars to 35.4pc, highest since 1965

CPI in the first eight months of the current fiscal year on average remained at 27.26 per cent compared to 10.7 per cent during the same period last fiscal year

Updated 02 Apr, 2023 10:19am

Power plants of 25MW and above: Customs duty exemption opposed

ISLAMABAD: The Engineering Development Board (EDB), an arm of the Ministry of Industries and Production (MoI&P),...

Updated 02 Apr, 2023 10:23am

Election demand reiterated: Imran threatens to launch countrywide street protests

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan Saturday threatened to launch countrywide street protests...

Updated 02 Apr, 2023 10:23am

Iraq launches new oil refinery to reduce imports

KARBALA: Iraq inaugurated an oil refinery in the central city of Karbala, on Saturday, a project the government...

Updated 02 Apr, 2023 10:25am

Regular Hajj Scheme-2023: Final number of intended applicants to be decided by 4th: Dar

ISLAMABAD: Finance Minister Ishaq Dar stated that complete and fully reconciled information regarding the final...

Updated 02 Apr, 2023 10:26am

IK files petition against NAB notices

ISLAMABAD: The Islamabad High Court (IHC) has been urged to declare the National Accountability Bureau (NAB) call up...

Published 02 Apr, 2023 03:02am

Governor stresses need for good education

LAHORE: Terming good education vital for a prosperous future, Punjab Governor Muhammad Baligh-ur-Rehman said on...

Published 02 Apr, 2023 03:02am

Governor visits Orangi Town

KARACHI: Sindh Governor Kamran Khan Tessori has visited Orangi Town and interacted with citizens there. He said:...

Published 02 Apr, 2023 03:02am

Energy

Nepra chief reviews progress made on SCADA Phase-III project

LAHORE: Chairman of the National Electric Power Regulatory Authority (Nepra) has said that effective and timely...

Published 02 Apr, 2023 03:02am

309 killed in Punjab road accidents during March: PESD

LAHORE: The Punjab Emergency Service Department (PESD) rescued 135,960 people while responding to 140,551 ...

Published 02 Apr, 2023 03:02am

Overcoming barriers to female labour force participation–II

Social and gender norms Social beliefs majorly hinder women’s engagement in paid employment in Pakistan. Women are...

Published 02 Apr, 2023 03:02am

The dilemma of price disparity

Seeing monthly inflation rates sends shiver down the spine as the rates are skyrocketing along with declining rupee...

Published 02 Apr, 2023 03:02am

FBR: implausible excuses

EDITORIAL: It beggars belief that on the one hand FBR (Federal Bureau of Revenue) says it is improving its digital...

Published 02 Apr, 2023 03:02am

Energy

Asia’s refining margin for VLSFO declines

SINGAPORE: Asia’s refining margin for 0.5% very low sulphur fuel oil fell by more than 10% in March compared to ...

Published 02 Apr, 2023 03:02am

Commodities

Japanese rubber futures rise

SINGAPORE: Japanese rubber futures rose on Friday, as an expansion in China manufacturing activity provided some...

Published 02 Apr, 2023 03:02am

Energy

Gasoil margins remain at more than one-year low

SINGAPORE: Asia’s 10-ppm sulphur gasoil margins fell to the lowest level for March and remained at more than a one...

Published 02 Apr, 2023 03:02am

Commodities

Soya beans climb on supportive USDA stocks

CHICAGO: US soybean futures rose 2.1% on Friday, climbing back above $15 a bushel for the first time since mid-March...

Published 02 Apr, 2023 03:02am

Commodities

EU wheat lower

PARIS: European wheat ended lower on Friday as crops in both France and Britain continued to flourish while a report...

Published 02 Apr, 2023 03:02am

Energy

US natgas jumps, but still on track for record quarterly loss

NEW YORK: US natural gas futures jumped about 5% to a one-week high on Friday on forecasts for more demand next week...

Published 02 Apr, 2023 03:02am

Commodities

Dalian, Singapore iron ore futures rise

MANILA: Dalian and Singapore iron ore futures rose on Friday, and stayed on track for second straight quarterly ...

Published 02 Apr, 2023 03:02am

Commodities

Weather cuts Romanian grain, sunseed output in 2022

BUCHAREST: Romania’s production of wheat, maize and sunseed fell by double digits in 2022, driven by weather and...

Published 02 Apr, 2023 03:02am

Commodities

China sugar production seen at lowest in 7 years

NEW YORK: Sugar production in China, one of the world’s largest consumers of the sweetener, is seen falling to 9...

Published 02 Apr, 2023 03:02am

Commodities

ICE canola futures go up

WINNIPEG, (Manitoba): ICE canola futures rose on Friday as a US government report pegged lower-than-expected US...

Published 02 Apr, 2023 03:02am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday (April 01, 2023)....

Published 02 Apr, 2023 03:02am

Cotton & Textile

Modest trading activity on cotton market

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

Published 02 Apr, 2023 03:02am

Letters

‘The farce of caretaker govts’

This is apropos two letters to the Editor under the headline “The farce of caretaker govts” carried by the...

Published 02 Apr, 2023 03:02am

Fesco management striving for welfare of staff: CEO

Companies

Taxes

PHMA urges FBR to expedite disbursement of sales tax refunds

LAHORE: The Pakistan Hosiery Manufacturers & Exporters Association (PHMA) on Saturday asked the Federal Board of...

Published 02 Apr, 2023 03:02am

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

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