News Archives for Print - 2023-07-16

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Print - 2023-07-16

China’s top diplomat tells EU not to ‘vacillate’

BEIJING: The European Union must not “vacillate” and needs to “clarify” its strategic relationship with...

Published 16 Jul, 2023 06:16am

Country needs to diversify its energy mix: PM

LAHORE: Prime Minister Shehbaz Sharif said given the increasing energy requirements of the country; the government...

Updated 16 Jul, 2023 09:26am

No grounds to enlist TLP’s member in 4th schedule: LHC

Court nullifies the orders to enlist the name of a TLP member in the Fourth Schedule

Published 16 Jul, 2023 06:16am

Fawad Asadullah made DG IB

He has become the first IB officer, who has been elevated to the rank of DG

Published 16 Jul, 2023 06:16am

COP28 host UAE and India vow ‘successful’ climate summit

DUBAI: The United Arab Emirates and India vowed on Saturday to make this year’s COP28 conference in Dubai a...

Published 16 Jul, 2023 06:16am

Ukrainian FM due on 20th

Dmytro Kuleba will meet his Pakistani counterpart Bilawal Bhutto Zardari and is likely to call on Prime Minister Shehbaz Sharif and military authorities

Published 16 Jul, 2023 06:16am

Jadoon resigns as Islamabad AG

ISLAMABAD: Barrister Jahangir Khan Jadoon on Saturday resigned from his position of advocate general Islamabad,...

Published 16 Jul, 2023 06:16am

Clarification

ISLAMABAD: Minister of Commerce has issued a clarification in response to a news item carried by Business Recorder...

Updated 16 Jul, 2023 09:55pm

Pakistan’s lifeline restored by IMF

Pakistan and IMF (International Monetary Fund) have reached a $3 billion Stand-By Arrangement (SBA) to help the...

Updated 16 Jul, 2023 06:37am

LUMS to provide support to improve quality of compost: CEO LWMC

LAHORE: The International Growth Centre of LUMS University will provide support to further improve the quality of...

Published 16 Jul, 2023 06:16am

‘Right to business is subject to some restrictions’: LHC dismisses pleas against decrease in wheat quota

Rules supply of wheat is within the domain of the respondents and they are regulating the activity under a policy framed for the said purpose

Published 16 Jul, 2023 06:16am

Sweden Torah burning protestor abandons his plan

STOCKHOLM: A 32-year-old man, who sparked condemnation from Israel for his plans to burn a Torah in Stockholm, on...

Published 16 Jul, 2023 06:16am

Zardari to stay in Lahore for a few days

LAHORE: Former president Asif Ali Zardari has decided to camp in Lahore after meeting with Nawaz Sharif in Dubai....

Published 16 Jul, 2023 06:16am

Pakistan to start 2023-24 int’l cricket seasons in Galle today

LAHORE: Pakistan is set to launch their busy, challenging and action-packed 2023-24 international cricket season ...

Published 16 Jul, 2023 06:16am

Punjab approves up-gradation of 7 major hospitals

LAHORE: The caretaker Punjab cabinet in its 20th meeting with Chief Minister Mohsin Naqvi in the chair, decided to...

Published 16 Jul, 2023 06:16am

CM asks LG dept to resolve salary, pension issues

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has directed Local Government and Finance departments to carry out...

Published 16 Jul, 2023 06:16am

Letters

Towards attaining economic self-reliance

It is indeed a matter of great satisfaction that country’s sovereign bonds and rupee gained on Thursday, with the...

Published 16 Jul, 2023 06:16am

LUMHS convocation: 2,555 graduates, 610 postgraduates awarded degrees

HYDERABAD: The 19th Convocation of Liaquat University of Medical & Health Sciences Jamshoro was held today....

Published 16 Jul, 2023 06:16am

Waste collection: ICT is to have transitional plan to increase service area coverage

ISLAMABAD: The country’s federal capital is to have a transitional plan to increase the service area coverage with...

Published 16 Jul, 2023 06:16am

PTI govt made N-plant part of IGCEP: Omar Ayub

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Secretary General Omar Ayub Khan on Saturday said the fascist government...

Published 16 Jul, 2023 06:16am

Three die in Lasbela bus crash

LASBELA: In a devastating incident that unfolded in the early hours of Saturday, a coach traveling from Quetta to...

Published 16 Jul, 2023 06:16am

CBD Punjab marks ‘dengue day’

LAHORE: Punjab Central Business District Development Authority (PCBDDA) also known as Central Business District...

Published 16 Jul, 2023 06:16am

Public hearing of 2 projects

LAHORE: A public hearing of two upcoming projects, including the construction of a link road connecting Ferozepur...

Published 16 Jul, 2023 06:16am

There’s significant increase in street crimes in Islamabad

ISLAMABAD: Car lifting incidents and mobile phone snatching have increased manifold in the federal capital during ...

Published 16 Jul, 2023 06:16am

Dhabeji SEZ: Message from Abdul Azeem, Chief Executive Officer, Sindh Economic Zone Management Company, Govt of Sindh

TEXT: Dhabeji Special Economic Zone (SEZ) stands as a prominent centerpiece in the objectives of the SEZMC, serving...

Published 16 Jul, 2023 06:16am

Dhabeji SEZ: Message from Mohabbat Khan, Chairman - Zahir Khan & Brothers Development and Management Company (ZKBDMC)

TEXT: The Dhabeji SEZ, with its immense potential for investment and growth, emerges as a thriving hub of...

Published 16 Jul, 2023 06:16am

Dhabeji SEZ: Message from Muhammad Zubair Motiwala, Chairman Businessmen Group and Chief Executive Trade Development Authority of Pakistan (TDAP)

TEXT: It is an honor to be here at the ground-breaking ceremony of this timely much awaited unique project; Dhabeji...

Published 16 Jul, 2023 06:16am

Dhabeji SEZ: Message from Syed Qassim Naveed Qamar Special Assistant to Chief Minister Sindh on Investment and Public Private Partnership (PPP) Projects

TEXT: I want to express my appreciation to Honorable Mr. Bilawal Bhutto Zardari and Honorable CM Mr. Murad Ali Shah...

Published 16 Jul, 2023 06:16am

Dhabeji SEZ: Message from Syed Murad Ali Shah, Chief Minister Sindh

TEXT: Sindh’s economy has shown remarkable growth, even in the face of global challenges. Now, as we enter the...

Published 16 Jul, 2023 06:16am

Dhabeji SEZ: Message from Bilawal Bhutto Zardari, Foreign Minister of the Islamic Republic of Pakistan

TEXT: The Dhabeji Special Economic Zone (SEZ) represents a prominent investment and growth destination for both ...

Published 16 Jul, 2023 06:16am

The Weather

KARACHI: The weather report on Saturday (July 15, 2023) and the forecast for Sunday (July 16, 2023)...

Published 16 Jul, 2023 06:16am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (July 15, 2023). ======================================= Offset...

Published 16 Jul, 2023 06:16am

PM explains why base power tariff hiked

Premier says Rs5 per unit increase was made on the demand of the IMF but also to bring circular debt down

Updated 16 Jul, 2023 11:37am

Petrol price slashed by Rs9, HSD’s by Rs7

ISLAMABAD: The federal government has reduced petroleum products prices by up to Rs9 per litre. In a televised press...

Updated 16 Jul, 2023 09:21am

IMF condition: Hike in gas prices on the cards

ISLAMABAD: The federal government is all set to hike the gas price to meet the International Monetary Fund (IMF)...

Updated 16 Jul, 2023 01:41pm

CCP urges SBP to enable SMEs to avail lower interest rates

ISLAMABAD: The Competition Commission of Pakistan (CCP) has asked the State Bank of Pakistan (SBP) to make it easier...

Updated 16 Jul, 2023 09:21am

CCP analysis on SME sector: ‘Complex regulatory regime pushes up cost of doing business’

ISLAMABAD: The Competition Commission of Pakistan (CCP) has declared that the complex regulatory regime has created...

Updated 16 Jul, 2023 09:22am

Asif asks Kabul to dismantle TTP safe havens

ISLAMABAD: Defense Minister Khawaja Asif on Saturday voiced grave concerns over the existence of safe havens for...

Updated 16 Jul, 2023 09:25am

COAS, top Iranian commander discuss regional security

TEHRAN: Chief of the Army Staff General Asim Munir held detailed talks with the top Iranian commander here Saturday,...

Updated 16 Jul, 2023 09:25am

Bilawal lays foundation of Dhabeji SEZ project

KARACHI: Pakistan People’s Party chairman and country’s foreign minister Bilawal Bhutto-Zardari on Saturday...

Updated 16 Jul, 2023 09:26am

Courts can issue directions for implementation of policies, laws: CJP

ISLAMABAD: Chief Justice of Pakistan, Umar Ata Bandial said courts do not make policies and laws but they can issue...

Updated 16 Jul, 2023 09:26am

Extracting cell phone data without person’s consent declared illegal

LAHORE: In an important decision, the Lahore High Court (LHC) on Saturday declared access to the phone data of an...

Updated 16 Jul, 2023 09:27am

Pharma exports potential

EDITORIAL: Commerce Minister Syed Naveed Qamar’s vision of raising pharmaceutical exports to $1 billion by 2025 ...

Published 16 Jul, 2023 06:16am

General election on time?

EDITORIAL: When national elections are to be held is a given unless a sitting government decides to go for early...

Updated 16 Jul, 2023 09:54pm

Energy

NJHP to resume power generation by end-month

LAHORE: The 969 MW Neelum-Jhelum Hydropower Project is all set to resume electricity generation by the end of this...

Published 16 Jul, 2023 06:16am

Energy

Investment in renewable energy projects can help reduce power shortfall

KARACHI Pakistan is currently experiencing the peak of summer, accompanied by the misery of prolonged power outages,...

Published 16 Jul, 2023 06:16am

PLPA Act: MoC convenes crucial meeting

ISLAMABAD: The Ministry of Commerce (MoC) has convened an inter-ministerial meeting next week to finalise draft...

Published 16 Jul, 2023 06:16am

Govt urged to further strengthen ties with US

KARACHI: Former Chairman Federal Board of Revenue (FBR) Syed Shabbar Zaidi on Saturday said that Pakistan should...

Published 16 Jul, 2023 06:16am

Commodities

Gold prices dip

KARACHI: Gold prices on Saturday lost a sizeable value on the local market, traders said. They dropped by Rs1300 to...

Published 16 Jul, 2023 06:16am

Agriculture and Allied

Experts for launching corporate, cooperative farming simultaneously

LAHORE: Agri-business experts have proposed the government launch both corporate and cooperative farming...

Published 16 Jul, 2023 06:16am

Ghana keen to enhance trade relations with Pakistan

LAHORE: High Commissioner of Ghana to Pakistan, Eric Owusu Boateng, called on Governor Punjab Muhammad Balighur...

Published 16 Jul, 2023 06:16am

Commodities

Kitchen items: prices show mixed trend: survey

ISLAMABAD: Sugar price with Rs6,700 per bag in the wholesale market has reached the all time high mark in the ...

Published 16 Jul, 2023 06:16am

IPP economic experts to unveil plan on economic stability

LAHORE: Team of economic experts will prepare strong recommendations to introduce such program which can provide...

Published 16 Jul, 2023 06:16am

Commodities

Asia Coffee: Vietnam prices little changed

HANOI: Vietnam’s domestic coffee prices remained little changed on Thursday from a week ago on global cue, while...

Published 16 Jul, 2023 06:16am

Grains

Rains in Argentina’s agri area favour wheat planting

BUENOS AIRES: Fresh rains in a large part of Argentina’s agricultural region benefited wheat planting over the ...

Published 16 Jul, 2023 06:16am

Grains

Brazil lifts grain output forecast on better outlook

SAO PAULO: Brazilian farmers will reap an estimated 317.5 million metric tons of grains this season, as massive...

Published 16 Jul, 2023 06:16am

Commodities

India’s June palm oil imports rise

MUMBAI: India’s palm oil imports jumped 56% to a three-month high in June, as buyers took advantage of a dip in...

Published 16 Jul, 2023 06:16am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday (July 15, 2023)...

Published 16 Jul, 2023 06:16am

Cotton & Textile

Prices firm amid moderate trading on cotton market

LAHORE: The local cotton market on Saturday remained bullish and the trading volume remained satisfactory. Cotton...

Published 16 Jul, 2023 06:16am

Commodities

Soybean futures up

SINGAPORE: Chicago soybean futures gained more ground on Friday with the market poised for its biggest weekly gain ...

Published 16 Jul, 2023 06:16am

Commodities

Indian rice export prices extend winning streak

MUMBAI/ BANGKOK/ HANOI/DHAKA: India rice export prices extended their gaining streak to a seventh week and hit an...

Published 16 Jul, 2023 06:16am

Commodities

Japanese rubber futures decline on weak demand

SINGAPORE: Japanese rubber futures retreated on Friday, underpinned by lacklustre demand from China and a strong ...

Published 16 Jul, 2023 06:16am

Commodities

Dalian iron ore climbs to a four-month high on stimulus bets

BEIJING: Dalian and Singapore iron ore futures extended gains for a fourth session on Friday, underpinned by rising...

Published 16 Jul, 2023 06:16am

Morocco, Shell sign 12-year natural gas deal

RABAT: Energy giant Shell will supply Morocco with six billion cubic meters of liquefied natural gas (LNG) over 12...

Published 16 Jul, 2023 06:16am

Companies

Pipe manufacturing company: a significant milestone

SUKKUR: IIL Pakistan, the country’s leading pipe manufacturing company, marked a significant milestone today with...

Published 16 Jul, 2023 06:16am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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