News Archives for Print - 2023-05-15

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Print - 2023-05-15

Strict action must be taken against rioters: Shujaat

LAHORE: Pakistan Muslim League Quid chief Chaudhry Shujaat Hussain said Sunday that strict action should be taken...

Published 15 May, 2023 08:04am

Free bus service rolled out; governor praises JDC’s role

KARACHI: Governor Sindh Kamran Khan Tessori yesterday inaugurated free bus transport service by JDC, which would ply...

Published 15 May, 2023 08:03am

Man who allegedly stole corps commander’s uniform held

LAHORE: The police on Sunday arrested a suspect who allegedly stole the uniform of Corps Commander Lahore during...

Published 15 May, 2023 08:00am

MQM-P assails HESCO for not overhauling transmission system

HYDERABAD: The Hyderabad-based MNAs of Muttahida Qaumi Movement-Pakistan (MQM-P) have deplored that despite repeated...

Published 15 May, 2023 07:57am

Scotland-based Kashmiris urged to raise Kashmir issue at global level

MIRPUR (AJK): Azad Jammu and Kashmir (AJK) President Barrister Sultan Mahmood Chaudhry has called upon Kashmiris...

Published 15 May, 2023 07:56am

‘National Design Conference’ starts tomorrow

LAHORE: The inauguration ceremony of two-day National Design Conference will be held at Pakistan Institute of ...

Published 15 May, 2023 07:54am

Russia risks cloud outlook for Central Asia, Caucasus: IMF

ALMATY: Economic growth in Central Asia and the Caucasus will depend on how Russia’s economy performs in the face...

Published 15 May, 2023 07:26am

Vast China-Russia resources trade shifts to yuan from dollars in Ukraine fallout

SINGAPORE: China has dramatically increased use of the yuan to buy Russian commodities over the past year, with...

Published 15 May, 2023 07:23am

Taxes

Germany cuts tax estimates, no additional leeway: ministry

BERLIN: Germany’s finance ministry said on Thursday it expects 148.7 billion euros ($163.69 billion) less in tax...

Published 15 May, 2023 07:21am

US consumer sentiment plummets to six-month low

WASHINGTON: US consumer sentiment slumped to a six-month low in May on worries that political haggling over raising...

Published 15 May, 2023 07:17am

Europe

Russia says two military commanders killed in east Ukraine

MOSCOW: Russia said Sunday that two of its military commanders had been killed in combat near the frontline hotspot...

Published 15 May, 2023 07:15am

What happens if the US fails to raise its debt ceiling?

WASHINGTON: Time is running short as US policymakers remain at an impasse on lifting the debt ceiling, while the...

Updated 15 May, 2023 12:02pm

South Asia

Category 5 Cyclone Mocha hits Myanmar, Bangladesh

KYAUKTAW (Myanmar): Cyclone Mocha crashed through Myanmar and southeastern Bangladesh on Sunday, sparing sprawling...

Published 15 May, 2023 07:10am

Middle East

Iran arrests eight over workers’ strike at southern gas field

TEHRAN: Iranian authorities have arrested eight people for “leading” a workers’ strike at a key gas site in ...

Published 15 May, 2023 07:09am

Africa

Sudan becomes battleground for foreign fighters

KHARTOUM: Sudan has long sent mercenaries abroad, but now the country itself has become a battleground for foreign...

Published 15 May, 2023 07:09am

Europe

Zelensky calls Germany ‘true friend’ as Ukraine readies riposte

BERLIN: Ukraine’s President Volodymyr Zelensky on Sunday called Germany a “true friend” in his country’s...

Published 15 May, 2023 07:04am

Middle East

Gaza truce holds as Palestinians, Israelis count deadly cost

GAZA CITY: Calm returned to Gaza Sunday as a fragile ceasefire ending five days of fighting held, leaving...

Published 15 May, 2023 07:02am

Companies

ACCA, COLABS collaborate to foster financial acumen amongst businesses

LAHORE: ACCA (the Association of Chartered Certified Accountants) and COLABS have signed a Memorandum of...

Published 15 May, 2023 06:59am

Gatwick airport shuts runway for almost an hour over ‘suspected drone’

LONDON: Britain’s Gatwick airport shut its runway for almost an hour on Sunday over a “suspected drone”...

Published 15 May, 2023 06:41am

EU says latest Armenia-Azerbaijan talks should build momentum for peace

BRUSSELS: The European Union on Sunday welcomed the latest meeting between the leaders of Armenia and Azerbaijan as ...

Published 15 May, 2023 06:41am

China marks return of world sport as Sudirman Cup opens

BEIJING: China on Sunday marked the return of global sport to the country after over three years, as badminton fans...

Published 15 May, 2023 06:41am

US unlikely to sanction South Africa in Russia weapons dispute

NEW YORK: South African Finance Minister Enoch Godongwana said his country had resolved a dispute with the US over...

Published 15 May, 2023 06:41am

Naila Kiani becomes second Pakistani woman to scale Mount Everest

LAHORE: Pakistani top climber Naila Kiani has achieved another milestone, as she successfully summited Mount...

Updated 15 May, 2023 11:31am

Thais reject army-backed govt, opposition to open coalition talks

BANGKOK: Thai voters have delivered a clear rejection of nearly a decade of military-backed government, election...

Updated 15 May, 2023 08:55am

Djokovic, Swiatek into Italian Open last 16

ROME: Novak Djokovic reached the last 16 of the Italian Open on Sunday after winning a battle with Grigor Dimitrov...

Published 15 May, 2023 06:41am

Bangalore crush Rajasthan by 112 runs in IPL

JAIPUR (India): Fifties from skipper Faf du Plessis and Glenn Maxwell, followed by inspired bowling, led Royal...

Published 15 May, 2023 06:41am

Chelsea agree deal for Pochettino to become manager

LONDON: Chelsea have reached an agreement to appoint former Tottenham Hotspur and Paris St Germain boss Mauricio...

Published 15 May, 2023 06:41am

Swiatek sweeps into Italian Open last 16, Medvedev triumphs

ROME: Iga Swiatek cruised into the last 16 of the Italian Open on Sunday after thrashing Lesia Tsurenko 6-2, 6-0,...

Published 15 May, 2023 06:41am

Gundogan masterclass takes Man City closer to title at Everton’s expense

LIVERPOOL: Manchester City closed in on retaining the Premier League title as Ilkay Gundogan scored twice in a 3-0...

Published 15 May, 2023 06:41am

PSG edge closer to title as Messi jeered on return

PARIS: Paris Saint-Germain closed in on a record 11th French league title with a 5-0 home win over Ajaccio on...

Published 15 May, 2023 06:41am

Leeds fan charged with assault after clash with Newcastle boss Howe

LONDON: A Leeds fan who confronted Newcastle manager Eddie Howe during Saturday’s Premier League clash has been...

Published 15 May, 2023 06:41am

Rotated Madrid side beat Getafe ahead of Man City showdown

BARCELONA: Real Madrid warmed up for their decisive Champions League semi-final visit to face Manchester City with a...

Published 15 May, 2023 06:41am

Benaud-Qadir Trophy: Pakistan to play three-Test series against Australia

LAHORE: Pakistan will make a trip Down Under later in the year to take on Australia for the Benaud-Qadir Trophy. The...

Published 15 May, 2023 06:41am

PIDE to organise conference at KIU, Gilgit

PESHAWAR: Pakistan Institute of Development Economics (PIDE) in collaboration with the Pakistan Society of...

Published 15 May, 2023 06:41am

The Weather

KARACHI: The weather report on Sunday (May 14, 2023) and the forecast for Monday (May 15, 2023)....

Published 15 May, 2023 06:41am

May 14 a historic day for Pakistan, democracy: Bilawal

ISLAMABAD/KARACHI: Chairman Pakistan Peoples Party and Foreign Minister Bilawal Bhutto-Zardari has said that May 14...

Published 15 May, 2023 06:41am

A week of tumult ends quietly yesterday

LAHORE: A week of tumult in Pakistan ended quietly on Sunday as protests largely failed to materialise for former...

Published 15 May, 2023 06:41am

4 of a family killed in Quetta clash

QUETTA: At least four people of a family killed and eight others including a woman sustained injuries in a clash...

Published 15 May, 2023 06:41am

Rally held in Bajaur for solidarity with Pak Army

PESHAWAR: Bajaur Chamber of Commerce and Industry and tribal elders jointly organized on Sunday a rally to express...

Published 15 May, 2023 06:41am

Planned sit-in: PDM seeks permission

ISLAMABAD: The ruling Pakistan Democratic Movement (PDM) on Sunday sought the Islamabad Capital Administration...

Published 15 May, 2023 06:41am

GHQ attack: Over a dozen ‘rioters’ including women identified

ISLAMABAD: The law enforcement agencies have identified over a dozen rioters including women involved in a recent...

Published 15 May, 2023 06:41am

State land worth Rs64m retrieved on orders of Ombudsman Punjab

LAHORE: The administrations of Kasur, Toba Tek Singh, Mianwali, Khanewal, Bahawalpur, Sargodha, Hafizabad, Jhang,...

Published 15 May, 2023 06:41am

PHC CJ chairs full-court meeting

PESHAWAR: Chief Justice, Peshawar High Court (PHC), Justice Musarrat Hilali chaired a meeting, which was attended by...

Published 15 May, 2023 06:41am

Ministry includes Qurbani’s expenses in Hajj package: Senator Talha

ISLAMABAD: Minister for Religious Affairs and Interfaith Harmony Senator Muhammad Talha Mahmood on Sunday announced...

Published 15 May, 2023 06:41am

PPP says will ‘fully’ participate in PDM’s sit-in

ISLAMABAD: Pakistan People’s Party (PPP), while announcing to fully participate in the PDM’s sit-in protest ...

Published 15 May, 2023 06:41am

‘Industrial Open House’: GIKI students display 140 research projects

PESHAWAR: The final year students acquiring education in 11 disciplines of engineering and management sciences at...

Published 15 May, 2023 06:41am

Punjab CM says May 9 mayhem caused Rs6bn losses, vows strict action

LAHORE: Caretaker Chief Minister Punjab Mohsin Naqvi has said that terrorist incidents by miscreants took place on...

Published 15 May, 2023 06:41am

Five Mepco officers suspended over violation of safety SOPs

MULTAN: Multan Electric Power Company (Mepco) administration has suspended five officers over violations of SOPs and...

Published 15 May, 2023 06:41am

Imran created ‘fake trust to whiten black money’: Tarar

ISLAMABAD: Special Assistant to Prime Minister (SAPM) on Interior Attaullah Tarar Sunday said that the Al-Qadir ...

Published 15 May, 2023 06:41am

PTI senator Saifullah Niazi arrested

ISLAMABAD: Islamabad Capital Territory Police on Sunday arrested Pakistan Tehreek-e-Insaf (PTI) leader Senator...

Published 15 May, 2023 06:41am

April: Terrorism incidents in KP decline

PESHAWAR: The strategy of prevention through detection adopted by the Counter-Terrorism Department (CTD) Khyber...

Published 15 May, 2023 06:41am

Khar attends EU Indo-Pacific ministerial moot

ISLAMABAD: At the EU Indo-Pacific Ministerial Forum, Minister of State for Foreign Affairs Hina Rabbani Khar called...

Published 15 May, 2023 06:41am

Upcoming monsoon rains may cause flooding in urban and rural areas of Sindh: SCA

HYDERABAD: The Sindh Chamber of Agriculture has expressed concern that a lack of measures to rehabilitate Left Bank...

Published 15 May, 2023 06:41am

Five shot dead in Karachi

KARACHI: Five people were killed in different firing incidents in Karachi, police said on Sunday. In the first...

Published 15 May, 2023 06:41am

Fazl declines request to shift sit-in venue to D-Chowk

ISLAMABAD: Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman has refused to shift the venue of the ...

Published 15 May, 2023 06:41am

17th anniversary of ‘Charter of Democracy’ being observed

ISLAMABAD: The nation is celebrating the 17th anniversary of the Charter of Democracy (CoD), a momentous occasion...

Published 15 May, 2023 06:41am

Establishment of ‘National Language Processing Laboratory’ approved

ISLAMABAD: The Ministry of Planning Development +ACY- Special Initiatives has approved the project Establishment of...

Published 15 May, 2023 06:41am

APNS condoles death

KARACHI: The APNS expresses profound grief over the sudden demise of Imran Ata Soomro, former Secretary Information,...

Published 15 May, 2023 06:41am

G20 leaders urged to address rights violations in IIOJK

MIRPUR (AJK): Kashmir Freedom Movement (KFM) President Engr Afzal Ziai has urged G-20 member nations to address the...

Published 15 May, 2023 06:41am

PTI’s Firdous Naqvi arrested

KARACHI: Pakistan Tehreek-e-Insaf (PTI) leader Firdous Shamim Naqvi has been arrested in Karachi amid an ongoing...

Published 15 May, 2023 06:41am

Anti-polio drive in 18 districts of Balochistan begins today

QUETTA: Seven days anti-polio drive will start in 18 districts of Balochistan on 15th May (today) during which 1.26...

Published 15 May, 2023 06:41am

Karachi mayorship: JI-PTI talks on track

KARACHI: Jamaat-e-Islami’s (JI) Karachi chief Hafiz Naeem Ur Rehman said that JI’s talks with the Pakistan...

Published 15 May, 2023 06:41am

Karachi LG polls: PPP ‘advises’ JI to accept defeat

KARACHI: Sindh Labour and Human Resources Minister Saeed Ghani on Sunday urged the chief of Jamaat-e-Islami Karachi...

Published 15 May, 2023 06:41am

IMSciences, SCCI sign MoU on industry-academia linkages

PESHAWAR: A Memorandum of Understanding (MoU) was signed between Institute of Management Sciences (IMSciences)...

Published 15 May, 2023 06:41am

Public-sector varsities: Governor makes appointments against different slots

LAHORE: Governor Punjab Muhammad Balighur Rehman as chancellor made nominations and appointments on important...

Published 15 May, 2023 06:41am

ATP chief demands govt end socio-economic injustice

PESHAWAR: Chairman, Amun Taraqqi Party (ATP) Muhammad Faiq Shah called the growing economic and social injustice the...

Published 15 May, 2023 06:41am

VC LUMH inaugurates up-gradation of ‘Department of Emergency’

HYDERABAD: The Vice Chancellor LUMHS Prof. Ikram Din Ujjan inaugurated the Up-Gradation of Casualty to the ...

Published 15 May, 2023 06:41am

Bid to smuggle banned goods at Torkham border foiled

PESHAWAR: Custom authorities have foiled a bid to smuggle banned goods (betel nuts) and other items at Torkham...

Published 15 May, 2023 06:41am

ECC struggles to lower prices of essentials

Pakistan Bureau of Statistics (PBS) suggests measures required to be taken to lower inflation in the country

Updated 15 May, 2023 09:05am

External financing requirements for deal remain unchanged: IMF

ISLAMABAD: Staying within the policy framework agreed for the ninth review and sufficient financing from partners to...

Updated 15 May, 2023 09:09am

Judiciary IK’s first option; it’s last option as well

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has said democracy in Pakistan is at an ‘all-time low’,...

Updated 15 May, 2023 09:11am

All set for PDM sit-in before SC

ISLAMABAD: As Supreme Court of Pakistan is set to start hearing today (Monday) on the Election Commission of...

Updated 15 May, 2023 09:12am

IK will be nabbed if his link to rioters established: minister

ISLAMABAD: Interior Minister Rana Sanaullah has said that Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan can be...

Updated 15 May, 2023 09:13am

Five DFC wind power projects: US says no new investment till tariff settlement

ISLAMABAD: The United States has categorically conveyed to Islamabad not to expect any investment from US...

Updated 15 May, 2023 08:55am

Delay in Gharo transmission line irks IPPs

ISLAMABAD: Three Wind Independent Power Producers (IPPs) have expressed concern at the delay in completion of...

Updated 15 May, 2023 08:58am

Rates

Political instability pressurises PSX

KARACHI: Pakistan Stock Exchange remained under pressure during the outgoing week due to selling on investor ...

Published 15 May, 2023 06:41am

Rates

Futures spread declines 365bps

KARACHI: The futures spread declined by 365bps to 9.86 percent on last day of the outgoing week. Trading activities...

Published 15 May, 2023 06:41am

76 suspects held for GHQ attack

ISLAMABAD: Rawalpindi’s City Police Officer (CPO) Khalid Hamadani on Sunday said that police have arrested 76...

Updated 15 May, 2023 08:56am

Turkiye election rivals both claim early lead but runoff likely

ANKARA: Turkey appeared headed for a runoff presidential election, with the parties of both Tayyip Erdogan and...

Updated 15 May, 2023 08:55am

Ghana expects first $600m tranche from IMF

ACCRA: Ghana expects the International Monetary Fund to approve a first loan tranche of $600 million as soon as...

Published 15 May, 2023 06:41am

Joint sitting to meet today

ISLAMABAD: The joint sitting of the Parliament has been summoned to meet today (Monday) at 4:00 pm at the Parliament...

Published 15 May, 2023 06:41am

Alleged maladministration: IHC issues notices to member FBR, others

ISLAMABAD: Islamabad High Court (IHC) has issued notices to Member Information Technology Federal Board of Revenue...

Published 15 May, 2023 06:41am

No extension of census operation deadline: govt

ISLAMABAD: The government has announced that the ongoing process of conducting the 7th population and housing census...

Updated 15 May, 2023 08:57am

Rates

A volatile week, indeed

KARACHI: The rupee underwent a volatile week, seeing a record low of almost 299 before a dramatic U-turn saw it...

Published 15 May, 2023 06:41am

FPCCI BMP urges govt to sharpen focus on economic agenda

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has asked the...

Published 15 May, 2023 06:41am

Energy

NTDC completes 500kV Thar-Matiari line in record time

LAHORE: The National Transmission and Despatch Company (NTDC) has completed the 500kV Thar-Matiari Transmission line...

Published 15 May, 2023 06:41am

Stocks

Wall Street Week Ahead: Amid banking woes, faltering US small-caps offer ominous economic sign

NEW YORK: A US stocks rally is leaving behind smaller companies, a sign that investors may be bracing for economic...

Published 15 May, 2023 06:41am

Stocks

US indexes drop as consumer sentiment falls

NEW YORK: US stocks fell on Friday, led by weaker technology-related shares following their recent rally, as data...

Published 15 May, 2023 06:41am

Commodities

Cocoa hits 6-1/2-year highs

NEW YORK/LONDON: Cocoa futures on ICE hit fresh 6-1/2-year highs on Friday as investors focused on concerns over...

Published 15 May, 2023 06:41am

Stocks

China stocks fall

SHANGHAI: China stocks fell for a fourth straight session on Friday, as a clutch of weak economic data darkened the...

Published 15 May, 2023 06:41am

Stocks

European shares rise on Richemont earnings, energy boost

PARIS: European shares rose on Friday on upbeat results from luxury major Richemont and gains in energy stocks, ...

Published 15 May, 2023 06:41am

Commodities

Demand blues push copper prices lower

LONDON: Copper prices hit their lowest level in more than five months on Friday as fears of slowing demand in top...

Published 15 May, 2023 06:41am

Commodities

Gold on course for weekly drop on stronger dollar

NEW YORK: Gold prices fell to a one-week low on Friday, and are on track for a weekly dip, weighed down by a ...

Published 15 May, 2023 06:41am

Money & Banking

Dollar holds gains, heads for biggest weekly rise since February

NEW YORK: The US dollar clung to modest gains against the euro on Friday and was headed for its biggest weekly gain...

Published 15 May, 2023 06:41am

Commodities

Palm oil reverses losses on short covering

KUALA LUMPUR: Malaysian palm oil futures reversed early losses on Friday to record a second consecutive weekly rise,...

Published 15 May, 2023 06:41am

Weekly Cotton Review: Prices remain stable amid lacklustre business

Cotton & Textile

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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