News Archives for Print - 2023-07-08

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Print - 2023-07-08

India court refuses stay on Rahul Gandhi defamation conviction

AHMEDABAD, (India): Top Indian opposition leader Rahul Gandhi’s efforts to overturn his expulsion from parliament...

Published 08 Jul, 2023 06:20am

Zaka offers former skipper Hafeez to join his team

LAHORE: Pakistan Cricket Board (PCB) Management Committee Chairman Zaka Ashraf has offered the former skipper...

Published 08 Jul, 2023 06:20am

‘China investing heavily for uplifting social sector’

KARACHI: To improve quality of life, the Chinese government is investing substantial public resources uplift of its...

Published 08 Jul, 2023 06:20am

FIA arrests six more human traffickers

GUJRAT: The Federal Investigation Agency (FIA) on Friday claimed to have arrested six more human traffickers during...

Published 08 Jul, 2023 06:20am

110 deaths daily in Pakistan: Experts advocate Zinc supplementation as Diarrhea remedy

KARACHI: Diarrhea causes deaths of around 110 children everyday in Pakistan whose lives can be saved by using...

Published 08 Jul, 2023 06:20am

APNS condolence

KARACHI: “Nazafreen Saigol Lakhani, President and Sarmad Ali, Secretary General of the All Pakistan Newspapers...

Published 08 Jul, 2023 06:20am

ANP rejects HEC (Amend) Bill 2023, vows to resist move

PESHAWAR: Awami National Party (ANP) rejected the Federal Higher Education Commission (HEC) Amendment Bill 2023 and...

Published 08 Jul, 2023 06:20am

Asia

China tightens scrutiny of Japanese food, citing safety reasons

BEIJING: China will tighten its scrutiny on food from Japan and maintain curbs on some Japanese imports, the...

Published 08 Jul, 2023 06:20am

The Weather

KARACHI: The weather report on Friday (July 07, 2023) and the forecast for Saturday (July 08, 2023)...

Published 08 Jul, 2023 06:20am

Toshakhana case: court again approves IK’s exemption plea

ISLAMABAD: A local court on Friday again approved former prime minister Imran Khan’s exemption plea in the...

Published 08 Jul, 2023 06:20am

Justice Hilali becomes second woman SC judge

ISLAMABAD: Justice Musarrat Hilali became the second female judge of the Supreme Court in a simple but dignified...

Published 08 Jul, 2023 06:20am

Desecration of Holy Quran: JI marks ‘Black Day’

KARACHI: With over 500 protest demonstrations across the city against desecration of the Holy Quran in Sweden,...

Published 08 Jul, 2023 06:20am

Govt committed to empowering youths: PM

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday said that the government was committed to empowering the youth of...

Published 08 Jul, 2023 06:20am

Tahafuz-e-Quran Day marked

KARACHI: Traders and several Islamic religious groups on Friday marked the Tahafuz-e-Quran Day in the city to...

Published 08 Jul, 2023 06:20am

PARTLY FACETIOUS: ‘The Man Without A Portfolio’

“OK so what’s new?” “I heard someone is going to join the ranks of The Man Without A Portfolio.” “What...

Published 08 Jul, 2023 06:20am

Monsoon activity to subside from 10th: PMD

LAHORE: The Pakistan Meteorological Department (PMD) said on Friday that monsoon activity is likely to subside from...

Published 08 Jul, 2023 06:20am

CM says 22 social security hospitals to be set up across Punjab

LAHORE: Announcing the government’s decision to open 22 social security hospitals across the province to cater to...

Published 08 Jul, 2023 06:20am

ATC asks Imran to join investigation in five cases

LAHORE: An Anti-Terrorism Court on Friday directed PTI Chairman Imran Khan to join investigation in five cases...

Published 08 Jul, 2023 06:20am

LCCI observes ‘Yaum-e-Taqaddus-e-Quran’

LAHORE: The Lahore Chamber of Commerce and Industry on Friday observed “Yaum-e-Taqaddus-e-Quran” to lodge the...

Published 08 Jul, 2023 06:20am

‘Charter of economy’ - an exercise in futility

Calls for delineating a ‘charter of economy’ have become a trend in Pakistan. The leaderships of almost all...

Published 08 Jul, 2023 06:20am

Letters

Rallies held to protest desecration of Holy Quran

Foreign minister Bilawal Bhutto Zardari has expressed the entire nation’s deep anguish and distress over...

Published 08 Jul, 2023 06:20am

Desecration of Holy Quran: Protest held at IESCO head office

ISLAMABAD: A protest was recorded by the IESCO officers and employees against the recent incident of desecration of...

Published 08 Jul, 2023 06:20am

SCBA passes resolution condemning desecration of Holy Quran in Sweden

ISLAMABAD: The Supreme Court Bar Association (SCBA) on Friday passed a resolution against the desecration of the ...

Published 08 Jul, 2023 06:20am

Flood in Punjab: Rescue-1122, WASA put on high alert

LAHORE: In the wake of current spells of rains, the emergency service, Rescue-1122 has been put on high alert to ...

Published 08 Jul, 2023 06:20am

PM pays tribute to Nishan-e-Haider Havaldar Lalak Jan

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday paid tribute to Nishan-e-Haider Havaldar Lalak Jan on his 24th...

Published 08 Jul, 2023 06:20am

PM announces Rs1m each for kids’ families killed in landslide

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday announced financial assistance of Rs 1 million each for the...

Published 08 Jul, 2023 06:20am

PDWP approves two development schemes

LAHORE: The Punjab Development Working Party (PDWP) on Friday approved two development schemes worth over Rs 3.551...

Published 08 Jul, 2023 06:20am

Mayor imposes rain emergency in KMC

KARACHI: Mayor Karachi Barrister Murtaza Wahab on Friday imposed rain emergency in the Karachi Metropolitan...

Published 08 Jul, 2023 06:20am

‘Yaum-e-Taqaddus-e-Quran’: Legislate acts of Islamophobia against law of land, urges FCCI president

FAISALABAD: Muslim would never compromise on the sanctity of the Holy Quran, said Dr. Khurram Tariq, President...

Published 08 Jul, 2023 06:20am

KATI strongly condemns desecration of Holy Quran in Sweden

KARACHI: The Korangi Association of Trade and Industry (KATI) President, Faraz-ur-Rehman, alongside Deputy...

Published 08 Jul, 2023 06:20am

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 08 Jul, 2023 06:20am

CPEC IPPs: Finance Division asks PD to adjust Rs20.726bn as advance payment

Finance Division has once again advised that Power Division may adjust the advance payments to CPEC-IPPs against next five months of FY 2023-24

Updated 08 Jul, 2023 05:15pm

Key objectives under new programme: To govt’s chagrin, IMF team calls on PTI chairman

ISLAMABAD/ LAHORE: The International Monetary Fund (IMF) has approached major political parties in Pakistan,...

Updated 08 Jul, 2023 08:56am

Productivity, export and debt: SBP asks govt to exercise greater prudence

Assessment of macroeconomic dynamics reveals a number of challenges for the banking sector and the repayment capacity of borrowers may come under stress

Updated 08 Jul, 2023 05:14pm

Social Protection Accounts launched: PM reaffirms commitment to further expand BISP

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday reaffirmed his commitment to further expand the Benazir Income...

Updated 08 Jul, 2023 08:58am

Nation observes ‘Quran Sanctity Day’

ISLAMABAD: People from different walks of life held protests on Friday to observe a “Day of the Sanctity of Quran”...

Updated 08 Jul, 2023 09:06am

PM urges OIC for strategy against Islamophobia

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday urged the Organization of Islamic Cooperation (OIC) to chalk out...

Updated 08 Jul, 2023 09:08am

Rates

PSX manages meagre gains

KARACHI: Pakistan Stock Exchange Friday witnessed a rangebound session and after moving both ways, closed on ...

Published 08 Jul, 2023 06:20am

Spare parts for TPS-14 rehabilitation: GE warns TPS Guddu management against LC opening delay

ISLAMABAD: M/s General Electric (GE) has cautioned the management of Thermal Power Station (TPS) Guddu that any...

Updated 08 Jul, 2023 09:00am

Hague court rejects India’s objections over water treaty arbitration

AMSTERDAM/NEW DELHI: The Permanent Court of Arbitration (PCA) in the Hague rejected on Thursday India’s objections...

Updated 08 Jul, 2023 08:55am

GP Fund: MoF notifies rate of markup

ISLAMABAD: The Finance Ministry has notified that the rate of markup on state provident fund, ie, general provident...

Updated 08 Jul, 2023 09:05am

Provisional tariff: KAPCO again moves Nepra for early approval

ISLAMABAD: M/s Kot Addu Power Company Limited (KAPCO) has again approached the power regulator for early approval of...

Published 08 Jul, 2023 06:20am

Carbon-reduction target: Global maritime sector agrees deal

LONDON: The International Maritime Organization, overseer of the highly-polluting shipping industry, sealed a...

Published 08 Jul, 2023 06:20am

63 people die in rain-related incidents since Jun 26: NDMA

ISLAMABAD: At least 63 people have lost their lives and 87 were injured owing to flash floods triggered by...

Updated 08 Jul, 2023 09:01am

FBR issues tax expenditure report-2023: More exemptions, concessions given during 2021-22

ISLAMABAD: The Federal Board of Revenue (FBR) has given more sales tax exemptions, zero-rating and concessions to...

Updated 08 Jul, 2023 09:02am

World Bank approves $46m for KP citizen-centred service delivery project

ISLAMABAD: The World Bank’s Board of Executive Directors has approved $46 million in financing for the...

Published 08 Jul, 2023 06:20am

‘SIFC’ termed ‘game-changer’ in relation to FDI prospects

ISLAMABAD: The formation of Special Investment Facilitation Council (SIFC) is a game-changer vis-à-vis Foreign...

Published 08 Jul, 2023 06:20am

Energy

Installation of 200kV solar PV system inaugurated

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives, Ahsan Iqbal Friday inaugurated the...

Published 08 Jul, 2023 06:20am

Energy

Over 100 Mepco labourers paid wages under IRD mechanism

ISLAMABAD: More than 100 daily wage labourers working in the Multan Electric Supply Company (Mepco) were provided...

Published 08 Jul, 2023 06:20am

SPI-based inflation up 0.7pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI)-based inflation for the week ended July 6, 2023, increased by 0.70 ...

Published 08 Jul, 2023 06:20am

Energy

Ogra urges LPG marketing cos to comply with notified prices for July

LAHORE: The Oil and Gas Regulatory Authority (OGRA) has issued a directive to all LPG Marketing Companies,...

Published 08 Jul, 2023 06:20am

‘Reliable, consistent’ tax regime

EDITORIAL: Tax reforms, rather the need for them, is (understandably) all the rage these days, considering the...

Published 08 Jul, 2023 06:20am

Caution from Basle

EDITORIAL: The Bank for International Settlements (BIS), the global umbrella body for central banks, sure poured ...

Updated 08 Jul, 2023 06:58am

Financial sector continues to exhibit operational, financial resilience in CY22

KARACHI: Despite multiple challenges, the financial sector of Pakistan continued to exhibit operational and ...

Published 08 Jul, 2023 06:20am

Imported items: PM urged to remove ‘solar panel’ from non-essential list

KARACHI: The Pakistan Solar Association (PSA) has urged the prime minister for removal of the import of solar panel...

Published 08 Jul, 2023 06:20am

Commodities

Gold prices climb

KARACHI: Gold prices on Friday continued to rise further on the local market, traders said. The yellow metal was...

Published 08 Jul, 2023 06:20am

Taxes

FBR directed to transfer ST, FED jurisdiction of all cases from AEOI Zones to original jurisdiction

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to immediately transfer...

Published 08 Jul, 2023 06:20am

Industry

Textile council decries discontinuation of SBP’s TERF facility

KARACHI: In view of the recent news about the SBP’s now discontinued Temporary Economic Refinance Facility, TERF,...

Published 08 Jul, 2023 06:20am

PM opens initiative for food security, agri exports

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday inaugurated the initiative of the Land Information &...

Published 08 Jul, 2023 06:20am

Smuggling of tyres, spare parts: PM for early formulation of comprehensive policy

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday directed the authorities concerned for the early formulation of a...

Published 08 Jul, 2023 06:20am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (July 07, 2023). ======================== Open Bid Rs...

Published 08 Jul, 2023 06:20am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (July 07, 2023)....

Published 08 Jul, 2023 06:20am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (July 07, 2023)....

Published 08 Jul, 2023 06:20am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 08 Jul, 2023 06:20am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (July 07, 2023). ==================================== BR...

Published 08 Jul, 2023 06:20am

Rates

BOARD MEETINGS

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

Published 08 Jul, 2023 06:20am

Stocks

Last date of renunciation/payment

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

Published 08 Jul, 2023 06:20am

Rates

Proposed right issues

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

Published 08 Jul, 2023 06:20am

Industry

KCCI delegation calls on Sharjeel

KARACHI: A delegation from the Karachi Chamber of Commerce and Industry, led by President Tariq Yusuf, met with...

Published 08 Jul, 2023 06:20am

Companies

Sindh Bank signs agreement with PTCL on deployment of SD-WAN at branches

KARACHI: Pakistan Telecommunication Company Limited (PTCL) and Sindh Bank have signed an agreement for deployment of...

Published 08 Jul, 2023 06:20am

Companies

EIGHTEEN holds handover ceremony of first villa

ISLAMABAD: EIGHTEEN, a modern, luxurious sustainable residential project, developed by Ora Developers in partnership...

Published 08 Jul, 2023 06:20am

Companies

Mastercard partners with JazzCash to revolutionise digital payments

KARACHI: Mastercard has announced collaboration with JazzCash, the largest digital wallet provider in Pakistan...

Published 08 Jul, 2023 06:20am

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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