News Archives for Print - 2023-06-18

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Print - 2023-06-18

Understanding and addressing fault lines-III

Published 18 Jun, 2023 06:41am

Rising costs of conflict and climate change

EDITORIAL: In its latest report “Global Trends in Forced Displacement” the UN refugee agency, UNHCR, highlights...

Published 18 Jun, 2023 06:32am

Now a nutrition crisis

EDITORIAL: It’s is indeed most disturbing but no surprise, really, that Pakistan’s many crises – economic,...

Published 18 Jun, 2023 06:27am

Iran, Saudi Arabia move further toward reconciliation

TEHRAN: Iran and Saudi Arabia took a further step Saturday to seal their reconciliation as Riyadh’s top diplomat...

Published 18 Jun, 2023 06:07am

South Asia

Coastal areas of Gujarat state return to normalcy after cyclone

AHMEDABAD: Some 1,500 villages were still without electricity in India’s western state of Gujarat, officials said...

Published 18 Jun, 2023 06:07am

Militant attack kills 41 at Ugandan school

MPONDWE, (Uganda): Militants linked to the Islamic State group massacred at least 41 people, mostly students, in...

Published 18 Jun, 2023 06:07am

Shaheen returns to Test side for SL tour

LAHORE: Fast bowler Shaheen Afridi returns to Pakistan’s Test squad for the two-match away series against Sri ...

Published 18 Jun, 2023 06:07am

11 cattle markets set up in Lahore to become functional today

LAHORE: With Eid-ul-Azha approaching fast, 11 cattle markets will be opened from Sunday (today) for the people to ...

Published 18 Jun, 2023 06:07am

Shehryar Afridi sent on two-day police remand

ISLAMABAD: A local court, on Saturday, granted police two-day physical remand of Pakistan Tehreek-e-Insaf (PTI)...

Published 18 Jun, 2023 06:07am

Inundation, water recession: Sindh’s PDMA, SUPARCO given reporting task

ISLAMABAD: Climate Change Minister Sherry Rehman, in her additional official capacity as Chairperson of the ...

Published 18 Jun, 2023 06:07am

SDGs projects: NA demands transfer of funds to NLA

ISLAMABAD: The National Assembly on Saturday passed a resolution demanding the transfer of the amount of development...

Published 18 Jun, 2023 06:07am

Global tourism conference to be held on July 11: Dr Ramesh

ISLAMABAD: Minister of State, Chairman for Prime Minister Task Force on Gandhara Tourism Dr. Ramesh Kumar Vankwani...

Published 18 Jun, 2023 06:07am

KP caretaker govt to present 4-month budget on 20th: minister

PESHAWAR: Khyber Pakhtunkhwa Caretaker Minister for Information and Public Relations, Hajj, Awqaf, Religious and...

Published 18 Jun, 2023 06:07am

TLP calls off protest march after govt accepts demands

ISLAMABAD: The Tehreek-e-Labbaik Pakistan (TLP) called off its ‘long march’ on Saturday after it reached an...

Published 18 Jun, 2023 06:07am

The Weather

KARACHI: The weather report on Saturday (June 17, 2023) and the forecast for Sunday (June 18, 2023)...

Published 18 Jun, 2023 06:07am

Rs5trn collected from Centre, provincial resources: Rs2.6trn spent on pays and pensions of govt employees in 5 years

KARACHI: The Opposition continued its criticism but the chief minister painted a rosy picture of his uplift work in...

Updated 18 Jun, 2023 10:22am

Bilawal says PPP fully ready for general election

PESHAWAR: Pakistan Peoples Party (PPP) chairman and Foreign Minister Bilawal Bhutto Zardari on Saturday said general...

Updated 18 Jun, 2023 10:26am

Islamabad has no problem with US-India ‘nexus’: Khawaja Asif

ISLAMABAD: Defence Minister Khawaja Asif has said Islamabad does not have any problem with the United States (US)...

Updated 18 Jun, 2023 10:27am

Aitzaz moves SC against trial of civilians in military courts

ISLAMABAD: Senior lawyer Chaudhry Aitzaz Ahsan challenged trials of civilians in military courts in the Supreme...

Published 18 Jun, 2023 06:07am

PHC stops ATIR Peshawar from entertaining, deciding tax appeals

ISLAMABAD: The Peshawar High Court (PHC) has stopped the Appellate Tribunal Inland Revenue (ATIR), Peshawar from...

Published 18 Jun, 2023 06:07am

Greece boat crash: FO releases list of rescued Pakistani people

ISLAMABAD: The Foreign Office (FO) has released a list of rescued Pakistani people in the capsizing incident of a...

Published 18 Jun, 2023 06:07am

At least 13 killed in Kallar Kahar bus accident

KALLAR KAHAR: At least 13 people, including women and children, were killed and over a dozen were injured as a bus...

Published 18 Jun, 2023 06:07am

Advocate General Punjab resigns

LAHORE: Advocate General Punjab (AGP) Shan Gul on Saturday resigned from his office due to personal reasons and sent...

Published 18 Jun, 2023 06:07am

Kafaalat cash aid: BISP set to release Q4 tranche

ISLAMABAD: Benazir Income Support Programme (BISP) has announced releasing the fourth quarterly tranche of Benazir...

Published 18 Jun, 2023 06:07am

‘Biparjoy’ triggers cloudburst in Nangarparkar

KARACHI: The cyclonic storm ‘Biparjoy’ has finally vanished but triggered a cloudburst in Nangarparkar, the Met...

Published 18 Jun, 2023 06:07am

Governor opens Food Technology Asia Int’l Exhibition

KARACHI: Sindh Governor Mohammed Kamran Khan Tessori on Saturday inaugurated the 15th Food Technology Asia -2023...

Published 18 Jun, 2023 06:07am

PN continues relief operation in cyclone-hit areas

KARACHI: Pakistan Navy continues wide scale Humanitarian Assistance and Disaster Relief (HADR) Operations in coastal...

Published 18 Jun, 2023 06:07am

Cotton & Textile

Protection of cotton belt in Pakistan: FAO to install AWS in 5 southern Punjab districts

LAHORE: The Food and Agriculture Organisation (FAO) of the United Nations (UN) has come forward to protect the ...

Published 18 Jun, 2023 06:07am

PM optimistic about electoral prospects

LAHORE: Former Minister of State Syed Javed Ali Shah called on Prime Minister Shehbaz Sharif here Saturday and...

Published 18 Jun, 2023 06:07am

CM pays visit to THQ hospital

LAHORE: The caretaker Chief Minister Punjab Mohsin Naqvi visited Tehsil Headquarter Hospital Murree and Control Room...

Published 18 Jun, 2023 06:07am

PFA to examine wheat flour quality

LAHORE: The Secretary of Food Punjab has authorized the Punjab Food Authority (PFA) to inspect the quality of flour...

Published 18 Jun, 2023 06:07am

Commodities

Prices of essential kitchen items show mixed trend

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

Published 18 Jun, 2023 06:07am

Crime on rise in federal capital

ISLAMABAD: The federal capital is constantly witnessing an increase in the cases of auto thefts and mobile snatching...

Published 18 Jun, 2023 06:07am

Ogra raids filling stations

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) committed to upholding consumer rights under its “Zero...

Published 18 Jun, 2023 06:07am

Letters

Judges and economic policy

It is true that very few judges can count economics and public finance as their areas of interest. The Supreme Court...

Published 18 Jun, 2023 06:07am

Commodities

Gold prices fall

KARACHI: Gold prices on Saturday saw a big fall on the local market, traders said. The prices fell by Rs1700 and...

Published 18 Jun, 2023 06:07am

Cotton & Textile

PAD has failed to achieve cotton sowing target: PWC

LAHORE: The Punjab Water Council (PWC) has alleged that the provincial agriculture department has failed to achieve...

Published 18 Jun, 2023 06:07am

Energy

Dastgir opens transmission line in Gujranwala

GUJRANWALA: Federal Minister for Energy (Power Division) Khurram Dastgir Khan inaugurated a 132-kV transmission line...

Published 18 Jun, 2023 06:07am

Commodities

China’s coal output dips on high stocks, weak demand

SINGAPORE/BEIJING: China’s daily coal output fell in May from April, data showed on Thursday, as miners lowered...

Published 18 Jun, 2023 06:07am

Commodities

Corn, soya, wheat futures set multi-month highs on US weather worries

CHICAGO: US corn, soyabean and wheat futures all closed higher on Friday and all set multi-month highs during the...

Published 18 Jun, 2023 06:07am

Energy

US natgas futures make gains

NEW YORK: US natural gas futures gained about 4% to a three-month high on Friday on a recent drop in output and...

Published 18 Jun, 2023 06:07am

Commodities

Iron ore little changed on mixed market signals

BEIJING: Iron ore futures were little changed on Friday after rising for three sessions in a row, as traders looked...

Published 18 Jun, 2023 06:07am

Commodities

ICE canola futures rally on record volume

CHICAGO: ICE canola futures surged on record volume on Friday, supported by concerns about hot and dry weather...

Published 18 Jun, 2023 06:07am

Grains

Paris wheat higher as US weather roils market

PARIS: Euronext wheat rose sharply on Friday, tracking another jump in Chicago futures as a worsening drought in the...

Published 18 Jun, 2023 06:07am

Commodities

Japanese rubber futures higher

SINGAPORE: Japanese rubber futures rose marginally on Friday, tracking Shanghai market higher on hopes for further...

Published 18 Jun, 2023 06:07am

Energy

VLSFO cash premium up for fifth straight day

SINGAPORE: Asia’s cash premium for very-low sulphur fuel oil (VLSFO) market climbed for a fifth consecutive ...

Published 18 Jun, 2023 06:07am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday (June 17, 2023)...

Published 18 Jun, 2023 06:07am

Cotton & Textile

Spot rate stable amid listless business

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

Published 18 Jun, 2023 06:07am

Energy

Gasoil cash premiums up on prompt demand

SINGAPORE: Spot cash premiums for 10 ppm sulphur gasoil in Asia rose for the fifth consecutive week on ...

Published 18 Jun, 2023 06:07am

Energy

Asia’s naphtha refining profit margin falls

NEW DELHI: Asia’s naphtha refining profit margin declined by about 98% this week amid poor demand fundamentals and...

Published 18 Jun, 2023 06:07am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (June 17, 2023) ======================================= Offset...

Published 18 Jun, 2023 06:07am

PM lays focus on solar energy imperative

Reviews process of formulation of policy regarding alternative sources of energy especially solar

Updated 18 Jun, 2023 09:52am

Only shares being sold: Shell not winding up its operations: Dar

ISLAMABAD: Finance Minister Ishaq Dar Saturday said Shell Petroleum is not winding up its operations in Pakistan,...

Updated 18 Jun, 2023 09:58am

Expert says country would not default

Ashfaq Tola says govt has not introduced any tax amnesty scheme in the budget and that any ambiguity related to such a scheme would be resolved before the International Monetary Fund (IMF)

Updated 18 Jun, 2023 07:49pm

WHT deduction, monitoring: 34 banks declared SWAPS agents

ISLAMABAD: The Federal Board of Revenue (FBR) has declared 34 banks as ‘SWAPS’ agents (withholding agents) for the...

Updated 18 Jun, 2023 10:05am

Banks recording WHTs on real-time basis, FBR informs FTO

ISLAMABAD: The Federal Board of Revenue (FBR) has informed the Federal Tax Ombudsman (FTO) that all bank branches...

Updated 18 Jun, 2023 10:09am

PSW introduces digital integration in Maritime Affairs ministry

ISLAMABAD: The Pakistan Single Window (PSW) in collaboration with the Ministry of Maritime Affairs has successfully...

Updated 18 Jun, 2023 10:10am

Pakistan, Iran start political consultations

ISLAMABAD: Pakistan and Iran have reportedly started Bilateral Political Consultations (BPC) in Tehran meant to...

Updated 18 Jun, 2023 10:11am

Debate in National Assembly: GDA assails govt over budget

ISLAMABAD: The treasury benches received flak from Saira Bano of Grand Democratic Alliance (GDA) who termed the...

Updated 18 Jun, 2023 10:16am

Binance, SEC strike deal to keep US customer assets in country

BENGALURU: Binance, the world’s biggest cryptocurrency exchange, and Binance.US have entered into an agreement ...

Published 18 Jun, 2023 06:07am

Albayrak Group delegation meets PM

LAHORE: Prime Minister Shehbaz Sharif said on Saturday that the nation will not forget those who stalled the...

Published 18 Jun, 2023 06:07am

ECC approves Rs158m for HEC salaries, mark-up expenses

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs157.7 million for the Heavy...

Published 18 Jun, 2023 06:07am

Jan-April: 3.44m mobile phones manufactured locally

ISLAMABAD: Local manufacturing plants have manufactured/assembled 3.44 million mobile handsets during the first four...

Published 18 Jun, 2023 06:07am

FPCCI chief speaks about various budget ‘anomalies’

KARACHI: President Federation of Pakistan Chambers of Commerce and Industry (FPPCI) Irfan Iqbal Sheikh has said ...

Published 18 Jun, 2023 06:07am

Industry

Business community worried over relations with IMF: Mian Zahid

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

Published 18 Jun, 2023 06:07am

Industry

China can help Pakistan develop SME sector: CG

KARACHI: Consul General of China Yang Yundong, while responding to President Karachi Chamber’s suggestion, stated...

Published 18 Jun, 2023 06:07am

Industry

Member Customs, FBR visits LCCI: Factors hampering regional trade growth highlighted

LAHORE: Member Customs, FBR Mukarram Jah Ansari has said that lack of banking channels with Iran, ...

Published 18 Jun, 2023 06:07am

President ICCI says agri sector can help boost exports

ISLAMABAD: President of Islamabad Chamber of Commerce and Industry, Ahsan Bakhtawari has said that the agricultural...

Published 18 Jun, 2023 06:07am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

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)	7.95 ▲ 0.84 (11.81%)
Shaheen Ins. / Dec 18 Shaheen Insurance Company Limited(SHNI)	6.75 ▲ 0.66 (10.84%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)

Stock	Price
Invest Bank / Dec 18 Invest Capital Investment Bank Limited(ICIBL)	1.51 ▼ -0.20 (-11.70%)
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%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-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%)
GOC (Pak) / Dec 18 GOC (Pak) Limited.(GOC)	65.10 ▼ -6.97 (-9.67%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.14
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.00
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.53
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▼ -0.16
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▲ 0.00
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.86
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.34
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	33,339,804 ▲ 0.94
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -7.68

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