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 / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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