News Archives for Print - 2023-07-05

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Print - 2023-07-05

Launch of World Drug Report today

ISLAMABAD: The United Nations Office on Drug and Crime (UNODC) is all set to launch World Drug Report 2023 in...

Published 05 Jul, 2023 06:00am

The Weather

KARACHI: The weather report on Tuesday (July 04, 2023) and the forecast for Wednesday (July 05, 2023)...

Published 05 Jul, 2023 06:00am

Buzdar again skips NAB appearance

LAHORE: The former Punjab Chief Minister Sardar Usman Buzdar on Tuesday again skipped appearance before the NAB in...

Published 05 Jul, 2023 06:00am

CCPO reviews progress of various ongoing development schemes

LAHORE: In order to review and assess the progress of various ongoing development schemes in the police department...

Published 05 Jul, 2023 06:00am

Depts put on alert as dengue cases rise in Multan

LAHORE: Fearing an increase in dengue cases due to rains, the Provincial Dengue Monitoring Committee on Tuesday...

Published 05 Jul, 2023 06:00am

ECP reminds political parties’ heads to file statement of accounts

ISLAMABAD: The Election Commission of Pakistan (ECP) reminds all the heads of political parties, in terms of section...

Published 05 Jul, 2023 06:00am

Farmdar launches AgromAI in Brazil

LAHORE: Farmdar, a Pakistani agricultural startup, announced the launch of AgromAI, a fintech venture in Brazil here...

Published 05 Jul, 2023 06:00am

IK praises Khalid Khurshid as best CM among party’s chief executives

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Tuesday said that Khalid Khurshid, who was...

Published 05 Jul, 2023 06:00am

Special Olympics World Games 2023: Jubilee Life Insurance congratulates Pakistani squad

ISLAMABAD: Jubilee Life Insurance proudly congratulated the Pakistani squad for their outstanding achievements at ...

Published 05 Jul, 2023 06:00am

Disqualification of PM: LHC adjourns hearing of citizen’s plea

LAHORE: The Lahore High Court on Tuesday adjourned the hearing of a petition filed by a citizen seeking...

Published 05 Jul, 2023 06:00am

Post arrest bail plea of Khadija: LHC DB issues notice to respondents

LAHORE: A division bench of the Lahore High Court on Tuesday issued notice to the respondents in a post arrest bail...

Published 05 Jul, 2023 06:00am

General elections: PML-N leader rules out alliance with any party

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) central leader and Federal Minister Mian Javed Latif on Tuesday ...

Published 05 Jul, 2023 06:00am

MAJU, IDP Pakistan ink MoU

KARACHI: Mohammad Ali Jinnah University (MAJU) and IDP Pakistan have signed a Memorandum of Understanding (MoU) in...

Published 05 Jul, 2023 06:00am

Issuance of interest-free loans: PAC seeks list of firms, individuals benefited during PTI tenure

ISLAMABAD: National Assembly’s Public Accounts Committee (PAC) on Tuesday sought the list of 620 individuals and...

Published 05 Jul, 2023 06:00am

UN rights council to discuss Holy Quran burning

GENEVA: The UN Human Rights Council will hold an urgent session to address the burning of the Holy Quran following ...

Published 05 Jul, 2023 06:00am

US condemns ‘vandalism’ at Indian consulate in San Francisco

SAN FRANCISCO: The United States has condemned vandalism against the Indian consulate in the city of San Francisco, ...

Published 05 Jul, 2023 06:00am

China cancels rescheduled visit from EU top diplomat

BRUSSELS: China has cancelled a visit to Beijing planned for next week by the European Union’s foreign policy ...

Published 05 Jul, 2023 06:00am

Women cricketers’ skills camp starts today

LAHORE: Pakistani women cricketers will attend the skills camp scheduled to take place in Lahore and Karachi from...

Published 05 Jul, 2023 06:00am

Six PTI workers allowed post-arrest bail

LAHORE: An Anti Terrorism Court (ATC) allowed post-arrest bail of six PTI workers in a case of setting PML-N Model...

Published 05 Jul, 2023 06:00am

Murder of lawyer: SC rejects plea of PTI chief against BHC order

ISLAMABAD: The Supreme Court turned down the Pakistan Tehreek-e-Insaf (PTI) chairman’s plea to grant a stay ...

Published 05 Jul, 2023 06:00am

Milk adulteration: Punjab decides to form task force

LAHORE: Punjab government has decided to form a task force comprising the relevant departments to prevent milk...

Published 05 Jul, 2023 06:00am

CM opens tracking system, e-challan App

LAHORE: Inaugurating tracking system and e-challan App of the Punjab Highway Patrolling police vehicles, the...

Published 05 Jul, 2023 06:00am

Bail pleas of Dr Yasmin: ATC adjourns proceedings

LAHORE: An Anti Terrorism Court (ATC) on Tuesday adjourned the proceedings in bail applications of PTI leader Dr...

Published 05 Jul, 2023 06:00am

Desecration of Holy Quran in Sweden: JI chief announces countrywide protest

LAHORE: Chief of Jamaat-e-Islami Sirajul Haq has announced countrywide protest demonstrations on Friday (July 07)...

Published 05 Jul, 2023 06:00am

Super tax and tax on bonus: misinterpretation of basic accounting—I

In the Finance Act 2023 many amendments have been proposed. This article is restricted to two important measures...

Published 05 Jul, 2023 06:00am

Trade winds: On falling exports

The export figures for the eleven months of fiscal year 2022-23 are very disappointing. We had got used to export...

Published 05 Jul, 2023 06:00am

Letters

‘The more things change…’

This is apropos an op-ed ‘The more things change…’ carried by the newspaper yesterday. The writer, Rashed...

Published 05 Jul, 2023 06:00am

Al-Qadir Trust, other cases: Interim bails of IK, spouse extended

ISLAMABAD: An accountability court on Tuesday extended interim bail of Pakistan Tehreek-e-Insaf (PTI) chairman and...

Published 05 Jul, 2023 06:00am

Pakistan is market with highest potential: ADB lists factors stifling ‘SCF’ growth

ISLAMABAD: Pakistan is the market with the highest potential in the region, however, several factors including legal...

Published 05 Jul, 2023 06:00am

PM’s Coordinator receives 285 Hajis

LAHORE: Prime Minister’s Coordinator for Religious Affairs Maulana Shabbir Usmani received 285 Hajis at Allama...

Published 05 Jul, 2023 06:00am

IK’s plea in Toshakhana case: IHC sets aside sessions court’s order

ISLAMABAD: The Islamabad High Court (IHC) has set aside the sessions court’s order dismissing Pakistan...

Published 05 Jul, 2023 06:00am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Tuesday (July 04, 2023)....

Published 05 Jul, 2023 06:00am

Rates

Cross Transactions between Client to Client & Financial Institutions

KARACHI: The following were the cross transactions between client to client & financial institutions here on...

Published 05 Jul, 2023 06:00am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on ...

Published 05 Jul, 2023 06:00am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Tuesday (July 04, 2023)....

Published 05 Jul, 2023 06:00am

CM conducts inspection of Jinnah Hospital, removes MS

LAHORE: The caretaker Chief Minister Punjab Mohsin Naqvi on Tuesday paid a lengthy three-hour visit to Jinnah...

Published 05 Jul, 2023 06:00am

Elahi’s post-arrest bail dismissed

LAHORE: An Anti-Terrorism Court (ATC) on Tuesday dismissed a post-arrest bail of PTI president and former Chief...

Published 05 Jul, 2023 06:00am

Postgraduate programmes: PMDC asks medical education institutes to get registered

ISLAMABAD: The Pakistan Medical and Dental Council (PM&DC) has written letters to all medical and dental...

Published 05 Jul, 2023 06:00am

Monsoon system likely to enter Sindh tomorrow

KARACHI: The monsoonal system is likely to enter eastern and north-western Sindh between July 6 and July 7, which ...

Published 05 Jul, 2023 06:00am

PARTLY FACETIOUS: Story of ain

“Is there any ain Arif Alvi?” “I understand that ain, the twenty fourth letter of the Urdu alphabet, in any...

Published 05 Jul, 2023 06:00am

PTI govt’s tenure: SC urged to set aside trials, convictions, sentences awarded to 25 civilians under Army Act

ISLAMABAD: The Supreme Court has been asked to set aside the trials, convictions, and sentences of 25 civilians...

Published 05 Jul, 2023 06:00am

CDA approves annual budget

ISLAMABAD: The Capital Development Authority (CDA), on Tuesday, approved the budget for the financial year 2023-24...

Published 05 Jul, 2023 06:00am

Sindh govt condemns desecration of Holy Quran in Sweden

KARACHI: Sindh Minister for Information, Transport, and Mass Transit of Sindh, Sharjeel Inam Memon has expressed the...

Published 05 Jul, 2023 06:00am

Six PTI workers allowed post-arrest bail

LAHORE: An Anti Terrorism Court (ATC) allowed post-arrest bail of six PTI workers in a case of setting PML-N Model...

Published 05 Jul, 2023 06:00am

Setting the record straight: examining Karachi’s load-shed profile

KARACHI: In response to reports about power situation in Karachi and adjoining areas, KE maintains that there the...

Published 05 Jul, 2023 06:00am

PPP govt believes in protecting minorities’ rights: Faryal

GHOTKI: President of Pakistan People’s Party Women’s Wing and Member of Provincial Assembly Faryal Talpur ...

Published 05 Jul, 2023 06:00am

Fake degree case: G-B top court disqualifies CM Khalid Khurshid

KARACHI: The Gilgit-Baltistan Chief Court disqualified Chief Minister Khalid Khurshid Khan — PTI’s regional...

Published 05 Jul, 2023 06:00am

SCO seeks to forge closer ties, expand reach with inclusion of Iran

NEW DELHI: The leaders of China, India, Russia and Pakistan on Tuesday sought to forge closer ties and boost...

Published 05 Jul, 2023 06:00am

Economic recession, terrorism: PM calls for SCO’s joint action

ISLAMABAD: Prime Minister Shehbaz Sharif Tuesday reaffirmed Pakistan’s unconditional support and commitment to...

Published 05 Jul, 2023 06:00am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (July 04, 2023). ==================================== BR...

Published 05 Jul, 2023 06:00am

Stocks

Electronic/credit of dividend warrants/bonus/right share certificates

KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates....

Published 05 Jul, 2023 06:00am

Rates

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....

Published 05 Jul, 2023 06:00am

Rates

Dividend/Bonus Announcements

KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange....

Published 05 Jul, 2023 06:00am

Stocks

Last date of renunciation/payment

KARACHI: Last dates of renunciation/payment....

Published 05 Jul, 2023 06:00am

Rates

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....

Published 05 Jul, 2023 06:00am

Stocks

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 05 Jul, 2023 06:00am

Commodities

PMEX daily trading report

KARACHI: On Monday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 16.244 ...

Published 05 Jul, 2023 06:00am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 120,630 tonnes of cargo comprising 91,839 tonnes of import cargo and 28,791...

Published 05 Jul, 2023 06:00am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday (July 04, 2023)...

Published 05 Jul, 2023 06:00am

Cotton & Textile

Cotton market remains steady

LAHORE: The local cotton market on Tuesday remained steady and the trading volume remained satisfactory. Cotton...

Published 05 Jul, 2023 06:00am

Energy

Oil prices rise 2pc as market weighs supply cuts against economic outlook

LONDON: Oil prices climbed 2% on Tuesday as markets weighed August supply cuts by top exporters Saudi Arabia and...

Published 05 Jul, 2023 06:00am

Condemnation is not enough

EDITORIAL: Freedom, as it is commonly understood ends where the rights of other person begin. Last week in Sweden a...

Published 05 Jul, 2023 06:00am

Inflation down MoM

EDITORIAL: Consumer Price Index (CPI) for June dropped by 8.6 percentage points compared to the month before – ...

Published 05 Jul, 2023 06:00am

Commodities

Tunisia tenders to buy 100,000 metric tons each soft, durum wheat

HAMBURG: Tunisia’s state grains agency has issued international tenders to purchase an estimated 100,000 metric...

Published 05 Jul, 2023 06:00am

Commodities

Gold prices continue to slump

KARACHI: Gold prices on Tuesday continued to slump on the local market, traders said. They declined by Rs2200 to...

Published 05 Jul, 2023 06:00am

‘Tamasha OTT’ bags Best Online Streaming Platform Award

ISLAMABAD: Tamasha, Pakistan’s first and largest homegrown OTT platform, has bagged the Best Online Streaming...

Published 05 Jul, 2023 06:00am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Tuesday (July 04, 2023). ======================================= Offset...

Published 05 Jul, 2023 06:00am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 04, 2023)....

Published 05 Jul, 2023 06:00am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Tuesday (July 04, 2023). ======================== Open Bid Rs...

Published 05 Jul, 2023 06:00am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (July 04, 2023)....

Published 05 Jul, 2023 06:00am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 05 Jul, 2023 06:00am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (July 04,...

Published 05 Jul, 2023 06:00am

APCMA for facilitating industries: June cement despatches decline 22.8pc YoY

LAHORE: Cement manufacturers have asked the government to facilitate export oriented industries so that the sector...

Published 05 Jul, 2023 06:00am

Imported fuel for power generation: Nepra blames forex scarcity for load-shedding

Nepra Chairman Tauseef H Farooqi says 63 percent of generation is based on imported fuels

Updated 05 Jul, 2023 11:22am

Liquidity risks remain high despite IMF deal: Moody’s

ISLAMABAD: The government’s liquidity risks remain high despite the International Monetary Fund (IMF) staff-level...

Updated 05 Jul, 2023 08:59am

Rs1.25/unit raise in Discos’ tariffs allowed

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Tuesday approved an average increase of Rs 1.25...

Updated 05 Jul, 2023 08:54am

20pc hike in salaries notified: Govt sure it will win judiciary over in the end?

ISLAMABAD: Acting President Sadiq Sanjrani has issued a notification on Tuesday notifying 20 percent increase in the...

Updated 05 Jul, 2023 03:44pm

Fraudulent clearances of imported goods: FBR sets up fact-finding committee

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a three-member fact-finding committee to probe...

Updated 05 Jul, 2023 08:58am

Rate of advance income tax for commercial importers hiked

KARACHI: The government has increased the rate of advance income tax for commercial importers from 5.5% to 6%....

Updated 05 Jul, 2023 08:55am

Rates

Stocks fall on profit-taking

KARACHI: After displaying best performance during the last trading session, Pakistan Stock Exchange Tuesday closed ...

Published 05 Jul, 2023 06:00am

‘Yaum-e-Taqaddus-e-Quran’ on 7th

ISLAMABAD: The government would observe Yaum-e-Taqaddus-e-Quran on July 7 to hold countrywide protests...

Updated 05 Jul, 2023 08:56am

KE submits business case on running JPCL-1 on Thar coal

ISLAMABAD: K-Electric (KE) has submitted a business case of conversion of unit-1 of Jamshoro Power Company Limited...

Updated 05 Jul, 2023 08:52am

Pakistan’s Hindu doctors get registered in India’s Gujarat

KARACHI: As many as 132 Pakistani Hindu doctors have been registered as full-time medical practitioners in Gujarat,...

Updated 05 Jul, 2023 08:48am

Sale and purchase of immovable properties: FBR implements revised rates of withholding tax

ISLAMABAD: The Federal Board of Revenue (FBR) from July 1, 2023, implemented upward revised rates of withholding...

Updated 05 Jul, 2023 08:53am

Federal govt employees: Up to 35pc ad hoc relief allowance notified

ISLAMABAD: The federal government has notified up to 35 percent Ad-hoc Relief Allowance 2023 to all the federal...

Updated 05 Jul, 2023 11:57am

Institutional capital market investors: Rs2.5bn ‘Gender Bond’ launched

LAHORE: InfraZamin Pakistan, Kashf Foundation and Arif Habib Limited launch Pakistan’s first ‘AAA’ rated, ...

Published 05 Jul, 2023 06:00am

Money & Banking

Sirajuddin made Banking Ombudsman

ISLAMABAD: Acting President Sadiq Sanjrani has signed the summary of appointing Sirajuddin Aziz as Banking Pakistan...

Published 05 Jul, 2023 06:00am

Energy

FY23 petroleum products’ sales slump 27pc YoY

KARACHI: The sales of petroleum products in Pakistan declined by 27 percent on year-on-year basis to 16.6 million...

Published 05 Jul, 2023 06:00am

Money & Banking

India bond yields flat in early hours; state debt auction eyed

MUMBAI: Indian government bond yields were little changed in the early session on Tuesday ahead of a state debt...

Published 05 Jul, 2023 06:00am

Money & Banking

Rouble recovers from 15-month low after plunge to 90 vs dollar

MOSCOW: The Russian rouble pared most of its intraday losses on Tuesday after plunging to a more than 15-month low...

Published 05 Jul, 2023 06:00am

Money & Banking

Yen firms amid intervention chatter, trading subdued on US holiday

LONDON/SINGAPORE: The dollar fell against the yen on Tuesday as markets remained on high alert for signs of Japanese...

Published 05 Jul, 2023 06:00am

Taxes

Tax authorities accused of issuing ‘implausible’ audit notices

LAHORE: Tax authorities are accused of issuing notices without clarity and explicit reasons for selection of tax...

Published 05 Jul, 2023 06:00am

Companies

JS Bank recognized as Best CSR Bank in Pakistan by Asia Money Award

KARACHI: JS Bank, one of the fastest-growing banks in Pakistan, has been recognised as the Best CSR Bank in Pakistan...

Published 05 Jul, 2023 06:00am

Companies

BankIslami secures ‘AA- Rating’

KARACHI: BankIslami Pakistan has achieved AA- Rating, solidifying its position as a leading financial institution....

Published 05 Jul, 2023 06:00am

Money & Banking

Industry

Iranian delegation visits KCCI

KARACHI: A high profile delegation from the Iranian Logistics & Transportation Organization led by its Deputy...

Published 05 Jul, 2023 06:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	278.97
USD PKR Interbank Buying / Jan 30	278.77
USD to Japanese Yen / Jan 30	154.56
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 29	6,039.31
Nasdaq / Jan 29	19,632.32
Hang Seng / Jan 29	20,225.11
Dow Jones / Jan 29	44,713.52
India Sensex / Jan 30	76,776.38
Tokyo Nikkei / Jan 30	39,467.47
FTSE 100 / Jan 30	8,567.71
Germany DAX 30 / Jan 30	21,655.86

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 29	18,285
Gold 10 Grams PKR / Jan 29	247,513
Petrol/Litre / Jan 30	256.13
Crude Oil USD/Barrel / Jan 30	72.66
Gold Spot USD/Ounce / Jan 30	2,759.76
Diesel/Litre / Jan 30	260.95

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Kohinoor Ind. / Jan 30 Kohinoor Industries Limited(KOIL)	9.26 ▲ 1 (12.11%)
PICIC Ins.Ltd. / Jan 30 PICIC Insurance Limited(PIL)	2.52 ▲ 0.23 (10.04%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Sana Ind / Jan 30 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
I.C.C. Ind. / Jan 30 ICC Industries Limited(ICCI)	14.29 ▲ 1.3 (10.01%)
Ashfaq Textile / Jan 30 Ashfaq Textile Mills Limited(ASHT)	17.48 ▲ 1.59 (10.01%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
First Capital Equities / Jan 30 First Capital Equities Limited(FCEL)	5.21 ▼ -0.68 (-11.54%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Blue-Ex Ltd / Jan 30 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.41 ▼ -2.45 (-8.49%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.60 ▼ -1.14 (-7.73%)
JS Investments / Jan 30 JS Investments Limited(JSIL)	21.02 ▼ -1.74 (-7.64%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.13 ▼ -0.67 (-6.84%)

Stock	Volume
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	48,078,930 ▲ 2.48
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	33,126,010 ▲ 1.16
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	31,438,642 ▲ 0.23
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.13
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.13
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 2.73
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.63
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.1

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