News Archives for Print - 2023-07-29

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Print - 2023-07-29

PM offers condolences to UAE President

ABU DHABI: Prime Minister Muhammad Shehbaz Sharif Friday offered condolences to United Arab Emirates (UAE) President...

Published 29 Jul, 2023 05:28am

Singapore executes first woman convict in nearly 20 years

SINGAPORE: Singapore on Friday hanged a 45-year-old citizen for drug trafficking, the city-state’s first execution...

Published 29 Jul, 2023 05:28am

Trump says he handed over security tapes, denies wrongdoing

WASHINGTON: Donald Trump on Friday denied wrongdoing in his handling of security tapes sought by federal...

Published 29 Jul, 2023 05:28am

Province’s resources: People of Balochistan have first right: PM

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday said that the people of Balochistan have the first right on the...

Published 29 Jul, 2023 05:28am

Europe

Moscow says it shot down Ukrainian missile over Russian city, arrested oil refinery bomber

MOSCOW: The Russian military said on Friday it had shot down a Ukrainian missile over the southern Russian city of...

Published 29 Jul, 2023 05:28am

South Asia

Bangladesh opposition holds protests to demand resignation of PM

DHAKA: Tens of thousands of supporters of Bangladesh’s main opposition party rallied in the capital on Friday to...

Published 29 Jul, 2023 05:28am

Africa

Niger coup leaders dissolve govt, declare Tiani head of state

NIAMEY: Leaders of the coup in Niger declared General Abdourahamane Tiani as the new head of state on Friday, and...

Published 29 Jul, 2023 05:28am

Masood Khan meets key US lawmakers to boost ties

WASHINGTON: Pakistan’s Ambassador to the United States, Masood Khan, held separate meetings with three key US...

Published 29 Jul, 2023 05:28am

Processions taken out under tight security in Capital

ISLAMABAD: Strict security measures were taken in the federal capital as mourners observed the 9th of Muharram to...

Published 29 Jul, 2023 05:28am

OIC’s extraordinary CFM moot on 31st

ISLAMABAD: The Organization of Islamic Cooperation (OIC) will hold an extraordinary virtual session for the Council...

Published 29 Jul, 2023 05:28am

Rashid sees politics in a ‘decisive phase’ next month

RAWALPINDI: Awami Muslim League (AML) Chief Sheikh Rashid said Friday that the country’s politics will enter the...

Published 29 Jul, 2023 05:28am

June 2023: Number of cellular subscribers declines

ISLAMABAD: The number of cellular subscribers, broadband penetration as well as teledensity declined in Pakistan for...

Published 29 Jul, 2023 05:28am

IHC explains when the presence of accused can be marked through video link

ISLAMABAD: The Islamabad High Court (IHC) has observed that presence of accused can be marked through video link in...

Published 29 Jul, 2023 05:28am

Hunger in Pakistan

Pakistan hosts the poorest population with per capita income at $1550 compared with Bangladesh at $2660 and India at...

Published 29 Jul, 2023 05:28am

IPC: Pioneering global cooperation among parliamentarians

The International Parliamentarians’ Congress (IPC) exemplifies an evolutionary response to the rapidly changing...

Published 29 Jul, 2023 05:28am

Above-than-average rain seen in 12 cities of Punjab this month

LAHORE: Above than normal rain has been witnessed in 12 out of 16 major cities in Punjab during July, said data...

Published 29 Jul, 2023 05:28am

Human activities degrade 46pc soil quality in Punjab: Report

LAHORE: More than half (56 percent) of the geographic area of Punjab is currently under cultivation, however, human...

Published 29 Jul, 2023 05:28am

PK-US emerging firm enters IT market: RevSoft enters Pak IT sector

LAHORE: An emerging Pakistani-American information technology company has entered the rapidly growing IT and ...

Published 29 Jul, 2023 05:28am

Nestlé, PWWF inaugurate N4HK room for nutrition awareness

LAHORE: Nestlé Pakistan inaugurated the Nestlé for Healthier Kids (N4HK) room in Punjab Workers Welfare Fund ...

Published 29 Jul, 2023 05:28am

CM, Dar lay foundation stone of Data’s shrine expansion project

LAHORE: caretaker Chief Minister Punjab Mohsin Naqvi and Federal Finance Minister Ishaq Dar Friday laid the...

Published 29 Jul, 2023 05:28am

President for promoting compassion, tolerance, shunning difference

ISLAMABAD: President Dr Arif Alvi has urged the countrymen for setting aside differences and promoting compassion,...

Published 29 Jul, 2023 05:28am

Alam procession of 9th Muharram culminates peacefully

KARACHI: The Alam procession of 9th Muharram-ul-Haram culminated peacefully at Hussainian Iranian Imambargha,...

Published 29 Jul, 2023 05:28am

Eight dacoits killed in encounter with Kashmore police

KASHMORE: Eight notorious dacoits were killed and many others got hurt in a police encounter in the Katcha area of...

Published 29 Jul, 2023 05:28am

Hub Dam fills up, bringing hope for 100m gallons of daily water supply

HUB: The recent rains have resulted in the filling of the Hub Dam, a development that brings hope to the citizens of...

Published 29 Jul, 2023 05:28am

The great Asif Ali Zardari

Co-Chairman of Pakistan People’s Party and former President of the Islamic Republic of Pakistan Asif Ali Zardari...

Published 29 Jul, 2023 05:28am

The Weather

KARACHI: The weather report on Friday (July 28, 2023) and the forecast for Saturday (July 29, 2023)...

Published 29 Jul, 2023 05:28am

Over Rs50,000 cash withdrawals thru credit cards/ATMs: Non-filers to pay 0.6pc WHT: FBR

Through Income Tax Circular 2 of 2023, FBR has explained important amendments made in the Income Tax Ordinance, 2001 (the Ordinance) through Finance Act 2023

Updated 30 Jul, 2023 09:49am

Caretaker prime minister: Only politicians on PPP-PML(N) shortlist for slot

LAHORE: Consultations are going on among coalition partners of the incumbent government for the caretaker setup,...

Updated 30 Jul, 2023 09:52am

Arrest warrants for PTI chief suspended by ECP

ISLAMABAD: The Election Commission of Pakistan (ECP) has issued a written verdict of July 25 hearing in which it...

Updated 29 Jul, 2023 09:32am

Energy ministry (PD): ECC approves Rs2.275bn TSG for uplift schemes’ execution

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Technical Supplementary Grant (TSG)...

Updated 30 Jul, 2023 09:55am

Fed officials spar over banking reform in rare open meeting

WASHINGTON: Members of the US Federal Reserve’s governing body voiced disagreements over proposed changes to...

Updated 29 Jul, 2023 09:33am

China approves 60 more G-B orchards for cherry import

BEIJING: General Administration of Customs of China (GACC) has approved sixty more orchards from Gilgit-Baltistan...

Updated 30 Jul, 2023 09:53am

Youm-e-Ashur today

LAHORE: Youm-e-Ashur, the 10th of Moharram-ul-Haram is all set to be marked across the country on Saturday (today)...

Updated 29 Jul, 2023 09:10am

Court’s permission mandatory: Extracting data from suspect’s phone illegal: LHC

LAHORE: The Lahore High Court held that spying over or extracting data from a personal phone of an individual or...

Updated 29 Jul, 2023 09:32am

Palestinian people: Pakistan urges UNSC to hold Israel accountable for crimes

UNITED NATIONS: Pakistan has urged the UN Security Council to “fully and forcefully” implement its resolutions on...

Updated 29 Jul, 2023 08:42am

Syria payments: American families of IS victims sue cement maker Lafarge

ZURICH: Relations of a US aid worker and American soldiers - all killed or injured by Islamic State and Al-Nusra...

Updated 29 Jul, 2023 09:33am

Commodities

UAE bans rice exports and re-exports for four months

CAIRO: The United Arab Emirates has banned rice exports and re-exports for four months, including rice of Indian...

Published 29 Jul, 2023 05:28am

Letters

‘Interest hammer’

This is apropos a Business Recorder front page photograph titled “Interest hammer’ carried by the newspaper...

Published 29 Jul, 2023 05:28am

Commodities

New York cocoa steadies after scaling 12-year peaks

LONDON: New York cocoa futures on ICE steadied off recent 12-year peaks on Thursday but headed for gains of 4% this...

Published 29 Jul, 2023 05:28am

Grains

Wheat drops 1pc as improved US production outlook weighs

SINGAPORE: Chicago wheat slid for a third consecutive session on Friday, falling more than 1%, as improved U.S....

Published 29 Jul, 2023 05:28am

Commodities

Japanese rubber futures hit lowest in nearly two years

SINGAPORE: Japanese rubber futures fell on Friday to their lowest in nearly two years, as the yen firmed on hopes...

Published 29 Jul, 2023 05:28am

Energy

Australian state bans gas to new homes from 2024

SYDNEY: The Australian state of Victoria will ban natural gas connections to new homes from next year as part of a...

Published 29 Jul, 2023 05:28am

Commodities

Brazil’s Vale to sell 13pc stake in base metals unit for $3.4bn

SAO PAULO: Brazilian miner Vale said on Thursday it reached two separate agreements to sell a 13% stake in its base...

Published 29 Jul, 2023 05:28am

Commodities

South Korea’s NOFI tenders to buy 138,000MT of corn

HAMBURG: Leading South Korean feed maker Nonghyup Feed Inc. (NOFI) has issued an international tender to purchase up...

Published 29 Jul, 2023 05:28am

Commodities

Iron ore plummets on demand concerns, China steel output cuts

SINGAPORE: Iron ore futures extended declines on Friday with both benchmarks falling by more than 3% in early trade,...

Published 29 Jul, 2023 05:28am

Energy

Asia spot prices edge up as higher temperatures lift demand

SINGAPORE: Asian spot liquefied natural gas (LNG) prices edged up this week, buoyed by stronger demand due to...

Published 29 Jul, 2023 05:28am

Grains

Thai, Vietnamese rice prices hit over decade highs on India curbs

HANOI: Prices of rice exported from Vietnam and Thailand soared to their highest in more than a decade this week, as...

Published 29 Jul, 2023 05:28am

Export of Ukrainian grain: African leaders urge Putin to return to deal

Press Putin to move ahead with their peace plan to end the Ukraine war

Updated 29 Jul, 2023 10:17am

Telegraph and Spectator appoint Goldman Sachs to run sale

LONDON: The boards of the Telegraph newspaper and The Spectator magazine, led by recently appointed chair Mike...

Published 29 Jul, 2023 05:28am

EU stress test shows three banks falling short

LONDON/FRANKFURT: Three banks from the European Union failed to meet binding capital requirements in a stress test...

Published 29 Jul, 2023 05:28am

Industry

Railway network: Pak, Afghan, Uzbekistan connectivity termed game changer

PESHAWAR: Chairman Standing Committee of Sarhad Chamber of Commerce and Industry (SCCI) on Railways and Dry Port,...

Published 29 Jul, 2023 05:28am

Industry

CEO KP-EZDMC meets Marwat

PESHAWAR: The Chief Executive Officers (CEO), Khyber Pakhtunkhwa Economic Zones Development and Management Company...

Published 29 Jul, 2023 05:28am

Shameful incident in Manipur

EDITORIAL: A state of civil war prevails in the north-eastern Indian state of Manipur ruled by BJP-led coalition...

Published 29 Jul, 2023 05:28am

Punjab’s luxury cars

EDITORIAL: It almost beggars belief that Punjab’s caretaker government would release Rs 2.3 billion – an...

Published 29 Jul, 2023 05:28am

Industry

Smeda to complete homework for SMEs uplift in caretaker set up: CEO

LAHORE: Small and Medium Enterprises Development Authority (Smeda) CEO Farhan Aziz Khwaja has said that the ...

Published 29 Jul, 2023 05:28am

4 Pakistani exhibitors take part in US textile fair

KARACHI: Exhibitors from Pakistan participated in Texworld and Apparel Sourcing fair in Loss Angels. The brand new...

Published 29 Jul, 2023 05:28am

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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