News Archives for Print - 2023-04-30

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Print - 2023-04-30

Pakistan U-19 take on Bangladesh U-19 in four-day match starting today

LAHORE: Saad Baig-led Pakistan U-19 will be eager to make a winning start in the series when they take on Bangladesh...

Published 30 Apr, 2023 05:10am

PTI to continue talks with coalition govt

LAHORE: The Pakistan Tehreek-e-Insaf (PTI) on Saturday decided to continue negotiations with the government over...

Published 30 Apr, 2023 05:10am

PTI condemns raid on Elahi’s residence

LAHORE: The Pakistan Tehreek-e-Insaf (PTI) leaders on Saturday condemned late-night raid on the residence of PTI...

Published 30 Apr, 2023 05:10am

Iftikhar replaces Haris Sohail in ODI squad

LAHORE: Iftikhar Ahmed will replace Haris Sohail in Pakistan’s One-Day International (ODI) squad for the last ...

Published 30 Apr, 2023 05:10am

Minister urges judiciary to treat political leaders equally

LAHORE: Sindh Minister for Information, Transport and Mass Transit Sharjeel Inam Memon has urged the judiciary to...

Published 30 Apr, 2023 05:10am

UHS signs accord with Irish college

LAHORE: Terming the training of medical professionals in emergency care the ‘need of the hour’, Punjab Governor...

Published 30 Apr, 2023 05:10am

Attack on ACE team: ATC rejects plea for physical remand of persons held at Elahi’s house

LAHORE: An anti-terrorism court on Saturday rejected police plea for physical remand of 19 suspects and discharged...

Published 30 Apr, 2023 05:10am

Pakistani, UAE officials discuss food security initiatives for vulnerable people

KARACHI: Minister of State and Special Assistant to Prime Minister on Public Communication and Digital Platforms,...

Published 30 Apr, 2023 05:10am

AOA starts preparations for annual event

ISLAMABAD: Asian Ombudsman Association (AOA) has started preparations for its annual moot under Pakistan’s Chair ...

Published 30 Apr, 2023 05:10am

‘TTP threat’ to be taken up during 4-day trip: Afghan foreign minister to visit Islamabad from May 5

ISLAMABAD: Acting Foreign Minister of Afghanistan Amir Khan Muttaqi is due to arrive here next week on a four-day...

Published 30 Apr, 2023 05:10am

The Weather

KARACHI: The weather report on Saturday (April 29, 2023) and the forecast for Sunday (April 30, 2023)...

Published 30 Apr, 2023 05:10am

First and foremost is loyalty to the state: COAS

Says the Armed Forces of Pakistan would never shy away from any sacrifice to stabilize, secure and safeguard the future of our next generations

Updated 30 Apr, 2023 09:32am

Elahi’s son moves LHC against raid on their house

Argues the police trespassed on his house and violated the sanctity of four walls, which amounts to contempt of the court

Updated 30 Apr, 2023 09:33am

Maryam says ‘those who imposed Imran deserve punishment’

Says higher echelons of the judiciary are issuing verdicts to either entertain or secure the vested interests of their families

Updated 30 Apr, 2023 09:32am

Toshakhana case: hearing adjourned to May 3

ISLAMABAD: A local court on Saturday adjourned the hearing of Toshakhana reference against chairman Pakistan...

Published 30 Apr, 2023 05:10am

Judicial reforms bill: SC to take up petition on May 2

ISLAMABAD: The Supreme Court of Pakistan (SCP) on Saturday fixed for hearing a plea against the Supreme Court...

Published 30 Apr, 2023 05:10am

‘Fraudulent census’: JI to hold protest march today

KARACHI: The Jamaat-e-Islami (JI) has announced to stage a protest march against the “fraud census” on Sunday...

Published 30 Apr, 2023 05:10am

MBBS session 2022-23: LHC directs RMU to grant admission to petitioner student

LAHORE: The Lahore High Court allowed a petition of a student Muhammad Usman Farooq and directed the Rawalpindi...

Published 30 Apr, 2023 05:10am

Symposium on bioengineering held

KARACHI: The guest speakers during a first national symposium on bioengineering held at Usman Institute of ...

Updated 30 Apr, 2023 05:40am

Hike in medicines’ prices criticised: PDP assails pharma industry for charging MRP from consumers

KARACHI: Pasban Democratic Party (PDP) Chairman Altaf Shakoor has said that yet another hike in the price of already...

Published 30 Apr, 2023 05:10am

Dubai company launches drive to attract Pakistanis

LAHORE: Dubai Economy & Tourism (DET) have launched a new campaign that targets Pakistani travellers with a...

Published 30 Apr, 2023 05:10am

Plan to open ‘Cutlery Art Village’ announced

LAHORE: A delegation of Pakistan Cutlery Association Wazirabad met with Provincial Minister of Industries and...

Published 30 Apr, 2023 05:10am

Habib University students shine at int’l event

KARACHI: Habib University’s undergraduate students have emerged as the second-place winners at the prestigious...

Published 30 Apr, 2023 05:10am

An upcoming catastrophe

The recommendations we are going to discuss here may create unrealistic expectations from the authorities as we are...

Published 30 Apr, 2023 05:10am

SCBA assails raid on Elahi’s residence

ISLAMABAD: The Supreme Court Bar Association (SCBA) has condemned the attack and vandalisation of the residence of...

Published 30 Apr, 2023 05:10am

Letters

Hike in drug prices

How ironic it is that the pharmaceutical sector of Pakistan considers a 20 percent hike in the prices of essential...

Published 30 Apr, 2023 05:10am

Energy

VLSFO margin logs weekly gain; steady regional tenders cap upside

SINGAPORE: Asia’s refining margin for very-low sulphur fuel oil (VLSFO) climbed more than 20% on Friday versus the...

Published 30 Apr, 2023 05:10am

Energy

US natgas slides on rising output

NEW YORK: US natural gas futures fell about 2% on Friday on rising output and forecasts for milder weather and less...

Published 30 Apr, 2023 05:10am

Energy

Urals oil discounts narrow for India ports; FOB prices dip below Western price cap

NEW DELHI/MOSCOW: Urals crude oil differentials for May-loading cargoes for delivery to Indian ports narrowed amid...

Published 30 Apr, 2023 05:10am

Commodities

Nickel faces huge supply glut as Indonesian output booms

LONDON: The nickel market is facing a massive supply glut this year as surging Indonesian production continues to...

Published 30 Apr, 2023 05:10am

Energy

Gasoil, jet fuel margins fall for sixth straight week

SINGAPORE: Asia’s 10-ppm sulphur gasoil margins and jet fuel margins posted their sixth consecutive week-on-week...

Published 30 Apr, 2023 05:10am

Energy

Asia’s gasoline markets end month with loss

NEW DELHI: Asia’s gasoline markets weakened by nearly 41% in April amid concerns over high supplies from China...

Published 30 Apr, 2023 05:10am

Grains

Wheat futures drift lower

SINGAPORE: Chicago wheat futures slid on Friday and were set for their biggest monthly drop since last November, as...

Published 30 Apr, 2023 05:10am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday (April 29, 2023)....

Published 30 Apr, 2023 05:10am

Cotton & Textile

Spot rate remains steady on cotton market

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

Published 30 Apr, 2023 05:10am

Economy is not out of the woods yet: MoF

Govt has a daunting task to follow effective revenue mobilisation and cautious expenditure management strategy to end the current fiscal year

Updated 30 Apr, 2023 09:18am

Rs80bn gas subsidy to five export sectors ends

ISLAMABAD: The federal government has ended the Rs 80-billion subsidy on gas to five export sectors for FY...

Updated 30 Apr, 2023 04:51pm

RRMC takes stock of economic situation

ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar on Saturday chaired the meeting of...

Updated 30 Apr, 2023 09:21am

US stands with democracy, rule of law and HR: Sherman

WASHINGTON: US congressman Brad Sherman expressing concern over the ‘terrible disappearances, human rights abuses...

Updated 30 Apr, 2023 09:21am

IK warns of ‘Sri Lanka-like’ situation if elections not held

LAHORE: Pakistan Tehreek-e-Insaf Chairman Imran Khan has warned the ‘powerful people’ that violent protests will...

Updated 30 Apr, 2023 09:24am

All matters under the Gas Act: Gas Utility Court has exclusive jurisdiction: SC

ISLAMABAD: The Supreme Court ruled that Gas Utility Court has exclusive jurisdiction to adjudicate upon all matters...

Updated 30 Apr, 2023 09:24am

Dar asks PD, gas cos, PSO to improve their liquidity position

ISLAMABAD: Finance Minister Ishaq Dar Saturday asked the relevant authorities in the Petroleum Division, gas...

Updated 30 Apr, 2023 09:26am

Deregistration of deceased persons: FBR to issue new procedure on FTO’s directives

ISLAMABAD: On the directions of the Federal Tax Ombudsman (FTO), the Federal Board of Revenue (FBR) will issue a new...

Updated 30 Apr, 2023 09:28am

Energy

Muzaffargarh power plant: President approves Rs930m CDL

ISLAMABAD: President Dr Arif Alvi has approved an amount of Rs 930 million as Cash Development Loan (CDL) to acquire...

Updated 30 Apr, 2023 09:26am

Non-supply of wheat: Flour millers warn of a ‘serious’ crisis

KARACHI: Pakistan Flour Mills Association (PFMA) has warned of a serious wheat crisis as the flour mills are not...

Updated 30 Apr, 2023 09:30am

Smooth power supply ordered: Minister briefs PM about power sector projects

LAHORE: Prime Minister Shehbaz Sharif has asked the authorities concerned to take effective measures for smooth...

Updated 30 Apr, 2023 09:29am

Ogra blames govt for hike in gas meter rent

ISLAMABAD: The oil and gas regulator, Oil and Gas Regulatory Authority (Ogra) blamed the federal government for...

Updated 30 Apr, 2023 09:29am

Steel, plastic, ghee, other sectors: Tribal area tax exemptions expire on June 30

ISLAMABAD: The tax exemptions granted to the industrial units of iron/ steel, plastics, ghee, textile and other...

Published 30 Apr, 2023 05:10am

Industry

Political instability major hurdle to growth of FDI: LCCI

LAHORE: The LCCI office-bearers called for initiatives to remove the obstacles and hurdles that are not only...

Published 30 Apr, 2023 05:10am

Commodities

Gold hits new highs

KARACHI: Gold prices on Saturday grew to another historic high on the local market, traders said. The precious metal...

Published 30 Apr, 2023 05:10am

Taxes

Export facilitation scheme to boost exports: FBR collector

KARACHI: Collector of FBR Collectorate of Customs Export Shafiq Ahmed Latki said that the government has introduced...

Updated 30 Apr, 2023 06:34am

PBIF says taxable income limit should be increased by 100pc

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

Published 30 Apr, 2023 05:10am

Finally, some sense

EDITORIAL: It is sincerely hoped that the prime minister’s call for insulating the fields of health and education...

Published 30 Apr, 2023 05:10am

Trouble in Sudan

EDITORIAL: Since the power struggle between two factions of Sudan’s military regime led by the country’s de ...

Published 30 Apr, 2023 05:10am

‘Regulatory Sandbox’: SECP to begin accepting applications for testing on 2nd

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) will be accepting applications for testing in...

Published 30 Apr, 2023 05:10am

Commodities

Prices of kitchen items witness mixed trend

ISLAMABAD: The prices of essential kitchen items have witnessed a declining trend during this week past against the...

Published 30 Apr, 2023 05:10am

Commodities

Asia coffee: Vietnam discounts extended on scarce supplies

HANOI: Discounts for Vietnamese coffee extended this week due to high global prices as well as scarce supplies as...

Published 30 Apr, 2023 05:10am

Commodities

Japanese rubber futures rise on weaker yen

SINGAPORE: Japanese rubber futures inched higher on Friday, underpinned by a softer yen after the Bank of Japan ...

Published 30 Apr, 2023 05:10am

Commodities

Singapore iron ore higher

BEIJING: Singapore iron ore futures edged up on Friday, while the Dalian contract ticked lower, with the market...

Published 30 Apr, 2023 05:10am

Energy

PIAF calls for overhauling of power sector through drastic measures

LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) has stressed the need for overhauling the ...

Published 30 Apr, 2023 05:10am

Companies

SDPI, ZTBL sign MoU for improvements in farm sector

ISLAMABAD: A Memorandum of Understanding was signed by the Zarai Taraqiati Bank Limited (ZTBL) and Sustainable...

Published 30 Apr, 2023 05:10am

Companies

Pearl-Continental opens historic Cecil Hotel in Murree

ISLAMABAD: On the 27th of April, the grand launch of Cecil Hotel by Pearl-Continental took place in Murree, a...

Published 30 Apr, 2023 05:10am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98
Hang Seng / Jan 21	20,098.89
FTSE 100 / Jan 21	8,529.98
Germany DAX 30 / Jan 21	20,988.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Cotton US¢/pound / Jan 21	68.02
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
786 Invest Ltd / Jan 21 786 Investments Limited(786)	10.98 ▲ 1.00 (10.02%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	45.21 ▼ -5.02 (-9.99%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.62 ▼ -1.62 (-8.88%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9 ▼ -0.81 (-8.26%)
Dadabhoy Cement / Jan 21 Dadabhoy Cement Industries Limited(DBCI)	5.10 ▼ -0.43 (-7.78%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	526 ▼ -43.96 (-7.71%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	111,866,059 ▲ 0.44
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	69,297,556 ▲ 0.05
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	64,182,488 ▼ -0.09
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.94
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	51,882,881 ▲ 0.34
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.39
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	23,353,008 ▼ -1.60
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -5.02
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	21,890,802 ▼ -1.62

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