News Archives for Print - 2023-04-09

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Print - 2023-04-09

SCBA terms reference against CJP ‘bid to subvert Constitution’

ISLAMABAD: The Supreme Court Bar Association (SCBA) strongly condemned the reference filed against the Chief Justice...

Published 09 Apr, 2023 06:56am

CM wants foolproof security arrangements for Easter

LAHORE: The caretaker Chief Minister Punjab Mohsin Naqvi has ordered to ensure foolproof security arrangements on...

Published 09 Apr, 2023 06:51am

One killed as fire erupts at Karachi’s generator market

KARACHI: A fire erupted at a multi-storey building at New Challi in Karachi’s business district leave at least one...

Published 09 Apr, 2023 06:48am

Diamer Basha Dam: Wapda chief for proper safety arrangements at construction sites

LAHORE: Chairman Wapda Engr Lt Gen Sajjad Ghani (r) has directed the project management to put in place at all...

Published 09 Apr, 2023 06:43am

Hot, dry weather forecast for Sindh

KARACHI: Pakistan Meteorological Department on Saturday forecast hot and dry weather with gusty winds for most parts...

Published 09 Apr, 2023 06:39am

Attacks on Al-Aqsa Mosque: OIC condemns Israeli forces’ action

ISLAMABAD: The extraordinary meeting of OIC’s executive committee on Saturday strongly condemned the Israeli...

Published 09 Apr, 2023 06:37am

Customs recovers weapons parts from passenger

KARACHI: Pakistan Customs JIAP Airport Collectorate Karachi has successfully recovered military arms parts and...

Published 09 Apr, 2023 06:34am

People in capital deprived of 89 motorbikes, 16 cars and 55 mobiles by criminals

ISLAMABAD: As many as 175 incidents of street crime were reported to police accordingly people were deprived of 89...

Published 09 Apr, 2023 06:31am

Expert stresses need for conserving water

ISLAMABAD: There is a dire need for adopting innovative approaches for stopping excessive wastage of water and...

Published 09 Apr, 2023 06:26am

Person trying to enter PM House arrested

ISLAMABAD: Police on Saturday arrested a suspicious person who was trying to enter the Prime Minister House, sources...

Published 09 Apr, 2023 06:25am

KP cabinet to meet tomorrow

PESHAWAR: The caretaker Chief Minister Khyber Pakhtunkhwa Muhammad Azam Khan has called the provincial cabinet...

Published 09 Apr, 2023 06:22am

PCB names commentary panel for Pak-NZ cricket series

LAHORE: The Pakistan Cricket Board (PCB) has unveiled the seven-member commentary panel for the five T20...

Published 09 Apr, 2023 06:21am

CJP to take up curative review reference against Justice Isa tomorrow

Incumbent government March 30 submitted a plea last week to withdraw the curative review

Updated 09 Apr, 2023 11:04am

Cabinet had urged President to pass SC Bill 2023

ISLAMABAD: The Federal Cabinet, in its meeting on April 4, 2023, reportedly urged President Dr Arif Alvi to give his...

Updated 09 Apr, 2023 10:57am

Alvi returns SC bill to parliament for reconsideration

Says Bill prima-facie travels beyond the competence of the Parliament and can be assailed as a colourable legislation

Updated 09 Apr, 2023 11:03am

Govt decides to table SC bill in joint session

ISLAMABAD: After President Dr Arif Alvi returned the Supreme Court (Practice and Procedure) Bill 2023 – which aims...

Updated 09 Apr, 2023 10:57am

KOEN accuses Nepra, others of ‘jeopardizing’ two hydropower projects

ISLAMABAD: M/s Korea Southeast Power Co., Ltd. (KOEN), a South Korean power sector company has expressed its...

Updated 09 Apr, 2023 11:01am

Possible debar from heading party: LHC full bench to hear IK’s plea tomorrow

LAHORE: A full bench of the Lahore High Court (LHC) would hear on Monday a petition of PTI Chairman Imran Khan...

Published 09 Apr, 2023 05:58am

Israeli- Palestinian tensions high after deadly attacks

TEL AVIV: An Italian tourist was killed and five people were wounded in a car ramming in Tel Aviv on Friday that ...

Published 09 Apr, 2023 05:58am

Violation of party discipline: PML-N issues joint show-cause notice to five of its senior KP leaders

PESHAWAR: PML-N Khyber Pakhtunkhwa chapter is in grip of severe differences as joint show cause notice was issued to...

Published 09 Apr, 2023 05:58am

LHC upholds upper age limit relaxation

LAHORE: The Lahore High Court upheld the relaxation granted to the petitioners, beyond maximum upper age limit of 30...

Published 09 Apr, 2023 05:58am

Arrest of BNA leader: PM lauds ISI over successful operation

The operation speaks of the outstanding professionalism of our institutions, the premier says

Updated 09 Apr, 2023 11:04am

Minister says PML-N will again steer country out of crises

FAISALABAD: Federal Interior Minister Rana Sana Ullah Khan has said that steering Pakistan out of crisis and...

Published 09 Apr, 2023 05:58am

Infrastructure financing in Pakistan

Infrastructure development is critical for sustainable growth and development and enhanced productivity and...

Published 09 Apr, 2023 05:58am

Letters

‘WB: A wake-up call’

This is apropos a Business Recorder op-ed “WB: A wake-up call” carried by the newspaper yesterday. The writer,...

Published 09 Apr, 2023 05:58am

CAA closes night operation at Turbat airport for 5 months

KARACHI: The Civil Aviation Authority (CAA) on Saturday took a major decision regarding the flight operation of...

Published 09 Apr, 2023 05:58am

PML-N leader calls for ‘level playing field’ before polls

LAHORE: Pakistan Muslim League-Nawaz (PML-N) leader and Federal Minister Mian Javed Latif said on Saturday that ...

Published 09 Apr, 2023 05:58am

Cost of political turmoil being borne by common people: analyst

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

Published 09 Apr, 2023 05:58am

Educational institutions in Sindh to remain closed on 12th

KARACHI: The Sindh government announced on Friday that all educational institutes will remain closed on April 12...

Published 09 Apr, 2023 05:58am

Punjab governor, PM discuss important issues

LAHORE: Punjab Governor Muhammad Baligh ur Rehman called on Prime Minister Shehbaz Sharif here on Saturday and...

Published 09 Apr, 2023 05:58am

JI’s candidate to be Karachi mayor: Naeem

KARACHI: Jamaat-e-Islami (JI) Karachi on Saturday vowed to get his mayor elected for the city, saying that it will...

Published 09 Apr, 2023 05:58am

PFA serves notices to 950 eateries, imposes fines of Rs1.980m during drive

LAHORE: The Punjab Food Authority (PFA) has served warning notices for improvement to 950 eateries and penalized...

Published 09 Apr, 2023 05:58am

Govt urged to seek urgent debt write-off

KARACHI: Pasban Democratic Party (PDP) chairman Altaf Shakoor here on Saturday said that the country should demand ...

Published 09 Apr, 2023 05:58am

Funeral prayers of martyred soldiers held

RAWALPINDI: Namaz-e-Janaza of Naib Subedar Hazrat Gul Shaheed (age 37, resident of Lower Dir) and Sepoy Nazir Ullah...

Published 09 Apr, 2023 05:58am

USA

Warm weather may boost US planting; N Dakota hopes to avoid 2022 repeat

NAPERVILLE, (Illinois): Although spring planting has begun in the United States, it will be a couple of weeks before...

Published 09 Apr, 2023 05:58am

Commodities

Dalian iron ore struggles for direction after 3-day slide

BEIJING: Dalian iron ore futures struggled for direction on Friday after three days of losses, as portside stocks...

Published 09 Apr, 2023 05:58am

Energy

US natgas drops on rising output

NEW YORK: US natural gas futures slipped more than 6% to a one-week low on Thursday on rising output and forecast ...

Published 09 Apr, 2023 05:58am

Commodities

ICE canola futures rise on export demand

WINNIPEG, (Manitoba): ICE canola futures rose on Thursday, supported by export demand and strength in European...

Published 09 Apr, 2023 05:58am

Energy

China accounts for two-thirds of world’s planned new coal power

SINGAPORE: China accounted for more than two thirds of the world’s proposed new coal-fired power by the end of...

Published 09 Apr, 2023 05:58am

Commodities

Japanese rubber futures decline

TOKYO: Japanese rubber futures dropped to a two-week low on Friday, tracking losses in the Shanghai market on ...

Published 09 Apr, 2023 05:58am

Commodities

Russia does not plan to cancel sunflower seed export tariff

MOSCOW: Russia’s agriculture ministry has no plans to cancel export tariffs on sunflower seeds, the Interfax news...

Published 09 Apr, 2023 05:58am

Commodities

Russian wheat cheapest on C&F basis in Egypt tender

CAIRO: Russian wheat was the cheapest on offer in an Egyptian state tender on Thursday at $293 per tonne with cost...

Published 09 Apr, 2023 05:58am

Commodities

Tin’s bull flames doused by weak electronic goods demand

LONDON: Tin is still the “forgotten” element in the energy transition story, according to the International Tin...

Published 09 Apr, 2023 05:58am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday (April 08, 2023)....

Published 09 Apr, 2023 05:58am

Cotton & Textile

Slow business on cotton market

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

Published 09 Apr, 2023 05:58am

The Weather

KARACHI: The weather report on Saturday (April 08, 2023) and the forecast for Sunday (April 09, 2023)...

Published 09 Apr, 2023 05:58am

PM Shehbaz convenes cabinet meeting today

Decisions of the National Security Committee are expected to be ratified in the meeting

Updated 09 Apr, 2023 02:38pm

Economic challenges exist but situation not as bleak as being portrayed: Bilal Azhar

ISLAMABAD: Coordinator to the Prime Minister on Economy and Energy Bilal Azhar Kayani on Saturday said the incumbent...

Updated 09 Apr, 2023 04:57pm

IMF bailout still on track, insists Dar

ISLAMABAD: Finance Minister Ishaq Dar Saturday announced the postponement of his visit to the US to attend the...

Updated 09 Apr, 2023 10:56am

Installation of automated track-and-trace system: FBR encountering compatibility issues at sugar mills

ISLAMABAD: The Federal Board of Revenue (FBR) is facing compatibility issues during the installation of an automated...

Updated 09 Apr, 2023 11:00am

Wholesale market: Sugar price jumps to Rs6,000/50kg bag in a month

ISLAMABAD: Sugar price is witnessing an unexpected increase as within a month sweetener price in the wholesale ...

Updated 09 Apr, 2023 11:00am

Applicable investment limits: Newly-licenced lending NBFCs must ensure compliance in a year: SECP

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has directed the newly-licensed lending...

Updated 09 Apr, 2023 11:00am

6-judge order of Apr 4 was not permissible under Constitution or law: Justice Isa

ISLAMABAD: Justice Qazi Faez Isa, senior puisne judge of the Supreme Court, said the order of six judges of the...

Updated 09 Apr, 2023 11:00am

PM assails President

ISLAMABAD: Prime Minister Shehbaz Sharif Saturday blasted President Dr Arif Alvi for returning the Supreme Court...

Updated 09 Apr, 2023 11:00am

Companies

Qistbazaar posts Rs1bn sales in just 17 months

ISLAMABAD: Qistbazaar, a leading e-commerce startup, has achieved the milestone of Rs. 1.0 billion in sales, in just...

Published 09 Apr, 2023 05:58am

Alarming rise in street crime

EDITORIAL: According to media reports and personal accounts, street crime is on the rise in Pakistan, particularly ...

Updated 09 Apr, 2023 07:01am

The issue of women’s chastity

EDITORIAL: The Federal Shariat Court’s (FSC’s) verdict delivered on Tuesday can go a long way to protect women...

Published 09 Apr, 2023 05:58am

Realisation of export proceeds: LCCI exhorts SBP to withdraw recent circular immediately

LAHORE: The Lahore Chamber of Commerce & Industry noted on Saturday that the State Bank of Pakistan is passing...

Published 09 Apr, 2023 05:58am

FBR deducts Rs1.3bn in pending amount from PIA accounts

Taxes

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)	6.70 ▲ 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%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.85 ▲ 0.74 (10.41%)
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%)

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%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.12
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.02
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.45
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.01
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.80
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.46
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.09
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -3.62
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.19

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