News Archives for Print - 2023-04-16

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Print - 2023-04-16

PM optimistic about economic prospects

LAHORE: Expressing the optimism that Pakistan would be soon out of all the challenges, Prime Minister Shehbaz Sharif...

Updated 16 Apr, 2023 10:06am

IMF still seeking ‘necessary’ assurances

ISLAMABAD: The International Monetary Fund (IMF) is still looking forward to obtaining the ‘’necessary’’...

Published 16 Apr, 2023 03:36am

COP28 head urges ‘accessible’ global climate finance

SAPPORO: Sultan Al Jaber, president of the COP28 climate talks, called on Saturday for “available, accessible and...

Published 16 Apr, 2023 03:36am

G7 ministers agree to cut gas consumption and speed-up renewable energy

SAPPORO: The Group of Seven rich nations have agreed to call for reducing gas consumption and increasing electricity...

Published 16 Apr, 2023 03:36am

US and Vietnam pledge to boost ties during Blinken visit to Hanoi

HANOI: The United States and Vietnam said Saturday they hoped to upgrade diplomatic ties, days after a flare-up in...

Published 16 Apr, 2023 03:36am

Roosevelt, Scribe hotels: Aviation Division releases Rs275m to PIACL for its legal team without approval: AGP report

KARACHI: The Aviation Division has made a payment of a whopping Rs 275 million to Pakistan International Airlines...

Updated 16 Apr, 2023 05:25pm

Saudi plane hit by gunfire in Sudan unrest: airline

RIYADH: A passenger plane preparing to take off from Sudan for Saudi Arabia came under fire on Saturday as deadly...

Published 16 Apr, 2023 03:36am

Deadly fighting rocks Sudan as army battles paramilitaries

KHARTOUM: Three civilians died in battles between Sudanese paramilitaries and the regular army, which said it...

Published 16 Apr, 2023 03:36am

Egypt begins offering corn on commodities exchange

CAIRO: Egypt’s state grains buyer started offering yellow corn on the country’s newly-launched commodities...

Published 16 Apr, 2023 03:36am

NHA recommends several projects to ECNEC

ISLAMABAD: The National Highways Authority (NHA) Executive Board has recommended the PC-I for “Rehabilitation,...

Updated 16 Apr, 2023 10:08am

Saudis among hundreds of Yemen war prisoners freed on day two of swap

SANAA: Hundreds of prisoners of war, including Saudis, were freed on Saturday as part of a cross-border exchange...

Published 16 Apr, 2023 03:36am

Europe

Russian strike kills 11 in eastern Ukraine, Moscow claims gains near Bakhmut

SLOVIANSK, (Ukraine): The death toll from a Russian strike on a block of flats in the eastern Ukrainian city of...

Published 16 Apr, 2023 03:36am

UAE calls on all parties in Sudan to exercise restraint

CAIRO: The United Arab Emirates called all parties in Sudan on Saturday to exercise restraint, de-escalate and work...

Published 16 Apr, 2023 03:36am

PTI condemns arrest of leader

LAHORE: The Pakistan Tehreek-e-Insaf (PTI) has condemned the arrest of senior party leader Ali Zaidi by the Karachi...

Published 16 Apr, 2023 03:36am

Polls in Punjab, KP: Fazl says SC has usurped ECP powers by announcing dates

ISLAMABAD: Pakistan Democratic Movement (PDM) Chief Maulana Fazlur Rehman on Saturday said the apex court has ...

Published 16 Apr, 2023 03:36am

PM discusses key issues with legal team, JI leaders

LAHORE: Prime Minister Shehbaz Sharif held an important meeting with his legal team and other political leaders, ...

Published 16 Apr, 2023 03:36am

PTI’s Ali Zaidi arrested

KARACHI: Sindh police on Saturday arrested the President of Pakistan Tehreek-e-Insaf (PTI) Sindh chapter Ali Zaidi...

Published 16 Apr, 2023 03:36am

Army allowed to take part in anti-bandit operation in Punjab

ISLAMABAD: The federal cabinet on Saturday gave its assent for the deployment of Army troops in the ongoing...

Published 16 Apr, 2023 03:36am

The Weather

KARACHI: The weather report on Saturday (April 15, 2023) and the forecast for Sunday (April 16, 2023)...

Published 16 Apr, 2023 03:36am

LoIs: AEDB gives extension to two wind power IPPs

Competitive bidding of Category-III wind projects remains pending due to non-receipt of the consent from the provincial energy departments

Updated 16 Apr, 2023 11:33am

FIRs registered across country: IK moves LHC

LAHORE: Tehreek-e-Insaf Chairman Imran Khan has approached the Lahore High Court against all the cases registered...

Updated 16 Apr, 2023 10:05am

Imran has assured he’s not anti-US: Congressman

ISLAMABAD: United States (US) Congressman Brad Sherman has asserted that Pakistan Tehreek-e-Insaf (PTI) Chairman...

Updated 16 Apr, 2023 10:05am

Dar holds virtual meeting with President AIIB

ISLAMABAD: Minister for Finance and Revenue Senator Mohammad Ishaq Dar on Saturday held a virtual meeting with Jin...

Updated 16 Apr, 2023 10:06am

Petrol price hiked by Rs10 per litre

ISLAMABAD: The government has jacked up the prices of petrol and kerosene oil by Rs 10 per litre and Rs 5.78 per...

Updated 16 Apr, 2023 10:05am

Punjab Zone: PSMA agrees to provide 20,000MTs of sugar at Rs95/kg during Ramazan

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has decided that the Pakistan Sugar Mills...

Updated 16 Apr, 2023 10:06am

Terrorism: army says will pursue goals set by NSC

RAWALPINDI: The 257th Corps Commanders’ Conference held here at GHQ, chaired by Chief of Army Staff (COAS) General...

Updated 16 Apr, 2023 10:14pm

GST harmonization: FBR, provinces notify uniform ‘Place of Provision of Services Rules-2023’

ISLAMABAD: In a major breakthrough between the Federation and provinces on harmonisation of sales tax, the Federal...

Updated 16 Apr, 2023 10:06am

Courts must not issue ambiguous orders: LHC

Rules courts are under obligation to facilitate the litigants to a maximum extent by passing a clear order

Updated 16 Apr, 2023 10:11am

Pakistan closely monitoring Sudan situation: FO

FO says there are around a thousand Pakistanis in Khartoum

Updated 16 Apr, 2023 10:09am

Federal minister Mufti Shakoor dies in road traffic accident

Police take five people into custody

Updated 16 Apr, 2023 10:13am

If Punjab election not allowed: Shehbaz would stand ‘disqualified’, says Aitzaz

Says anyone violating the Supreme Court verdict directing elections in Punjab on May 14 would be disqualified

Updated 16 Apr, 2023 10:24am

‘Gunboat philanthropy’

Turkiye and Syria were hit by a devastating earthquake early this February. Catastrophe in Turkiye was enormous,...

Published 16 Apr, 2023 03:36am

Future at stake: deindustrialization–II

The analysis presented in the first part (carried by the newspaper on Wednesday) of this two-part series of article...

Published 16 Apr, 2023 03:36am

Ex AJK PM had it coming

EDITORIAL: The disqualification of former AJK prime minister Sardar Tanveer Ilyas has opened yet another can of ...

Published 16 Apr, 2023 03:36am

Rapid progress

EDITORIAL: Things have been moving very fast in the Middle East ever since China brokered a historic peace between...

Published 16 Apr, 2023 03:36am

Commodities

Gold prices fall

KARACHI: Gold prices on Saturday slumped but silver stood firm on the local market, traders said. Gold posted a fall...

Published 16 Apr, 2023 03:36am

JI appeals for public support in LG polls

KARACHI: Chief of Karachi chapter of Jamaat-e-Islami (JI) has sought support of the public for local government...

Published 16 Apr, 2023 03:36am

NAB hinders economic growth, says ex-PM

KARACHI: Former Prime Minister Shahid Khaqan Abbasi has said the National Accountability Bureau (NAB) is of no use ...

Published 16 Apr, 2023 03:36am

Court grants three-day remand of Gandapur

SARGODHA: Anti-Terrorism Court in Sargodha on Saturday granted three-day physical remand of PTI leader Ali Amin...

Published 16 Apr, 2023 03:36am

ChildLife needs more qualified paediatricians for its ERs

KARACHI: Emergency rooms in Sindh’s government hospitals and other locations managed by ChildLife Foundation need...

Published 16 Apr, 2023 03:36am

Terrorist activities: Bilawal shares concerns with Afghan minister

ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari on Saturday held telephonic contact with acting Afghan Foreign...

Published 16 Apr, 2023 03:36am

2 policemen martyred in anti-bandit operation

KASHMORE: In the ongoing operation of law personnel against dacoits in kuchha area of Kashmore, two policemen lost...

Published 16 Apr, 2023 03:36am

67 coronavirus cases, one death reported in 24 hours

LAHORE: Pakistan has reported one death in the last 24 hours by novel coronavirus as the number of confirmed ...

Published 16 Apr, 2023 03:36am

Punjab cabinet approves funds for operation in Katcha areas

LAHORE: The caretaker Punjab Cabinet, which met here on Saturday with Chief Minister Mohsin Naqvi in the chair,...

Published 16 Apr, 2023 03:36am

Normal to above seasonal temperatures likely

KARACHI: The country’s most parts are likely to see normal to above seasonal temperatures during April, May and...

Published 16 Apr, 2023 03:36am

Pakistan envoy stresses need to strengthen UN

UNITED NATIONS: Pakistan’s Ambassador to the United Nations, Munir Akram, has called for strengthening the U.N.,...

Published 16 Apr, 2023 03:36am

Commodities

China plans to reduce soy meal in animal feed

BEIJING: China’s agriculture ministry issued an action plan on Friday proposing soy meal rations in animal feed ...

Published 16 Apr, 2023 03:36am

Commodities

Cocoa climbs to 6-1/2-year peak on tight supplies

LONDON: Cocoa futures on ICE rose to 6-1/2 year highs on Friday boosted by tight supplies, while robusta coffee and...

Published 16 Apr, 2023 03:36am

Commodities

Palm rebounds on stronger rivals, but heads for weekly drop

JAKARTA: Malaysian palm oil futures rebounded on Friday after two days of sharp declines, helped by stronger rival...

Published 16 Apr, 2023 03:36am

Commodities

Wheat firms on Black Sea supply woes; Argentine drought supports soya beans

SINGAPORE: Chicago wheat futures rose on Friday after Russia raised fresh doubts over the extension of a Black Sea...

Published 16 Apr, 2023 03:36am

Energy

Kuwait’s Al Zour fuel oil tenders on hold after partial shutdown

SINGAPORE: Kuwait’s recently opened Al Zour refinery has stopped offering very low-sulphur fuel oil (VLSFO) ...

Published 16 Apr, 2023 03:36am

Commodities

Chicago corn futures post fourth weekly gains

MEXICO CITY: Chicago corn futures settled higher on Friday, making the fourth straight week of gains, after a week ...

Published 16 Apr, 2023 03:36am

Energy

Iraq’s northern oil exports stuck due to Turkey negotiations

LONDON: Oil exports from northern Iraq to the Turkish port of Ceyhan remain at a standstill almost three weeks after...

Published 16 Apr, 2023 03:36am

Commodities

Iron ore wobbles, set for second weekly fall

SHANGHAI: Iron ore futures wobbled on Friday while being on track for their second consecutive weekly fall due to...

Published 16 Apr, 2023 03:36am

Energy

US natgas futures jump over 5% on short covering

CHICHAGO: US natural gas futures climbed more than 5% on Friday, helped by a bout of short covering following the...

Published 16 Apr, 2023 03:36am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday (April 15, 2023)....

Published 16 Apr, 2023 03:36am

Cotton & Textile

Cotton market remains bullish amid low trading volume

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

Published 16 Apr, 2023 03:36am

Energy

Egypt’s GASC seeks vegetable oils in tender

CAIRO: Egypt’s state grains buyer, the General Authority for Supply Commodities (GASC), said on Saturday it was...

Published 16 Apr, 2023 03:36am

Commodities

ICE canola futures fall for 4th straight session

WINNIPEG: ICE canola futures slipped on Friday for a fourth straight session, pressured by weaker oilseed markets....

Published 16 Apr, 2023 03:36am

Energy

Gasoline complex posts weekly loss of 15%

NEW DELHI: Asia’s gasoline complex posted a weekly loss of over 15% even as strong pull from U.S. markets amid...

Published 16 Apr, 2023 03:36am

APTMA seeks concessional power for LIEDA

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has urged Power Division to allow concessional electricity...

Published 16 Apr, 2023 03:36am

Non-availability of raw materials damaging economy: PBIF

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

Published 16 Apr, 2023 03:36am

SCCI team meets Punjab minister for industries

Industry

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%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	8 ▲ 0.89 (12.52%)
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%)
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%)
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 ▼ -0.10
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▼ -0.06
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.30
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.06
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.28
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.72
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.14
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -2.73
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.10

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