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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Industry

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

Updated 29 Jul, 2023 10:17am

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 / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Apr 1	149.58
USD to Swiss Franc / Apr 1	0.88
Pound Sterling to USD / Apr 1	1.29
Euro to USD / Apr 1	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
Nasdaq / Mar 28	17,322.99
Dow Jones / Mar 28	41,583.90
India Sensex / Apr 1	77,103.74
Tokyo Nikkei / Apr 1	35,624.48
Hang Seng / Apr 1	23,206.84
FTSE 100 / Apr 1	8,653.57
Germany DAX 30 / Apr 1	22,445.60
France CAC40 / Apr 1	7,860.39

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Crude Oil USD/Barrel / Apr 1	71.27
Gold Spot USD/Ounce / Apr 1	3,158.40
Cotton US¢/pound / Apr 1	66.88
Petrol/Litre / Apr 2	254.63
Diesel/Litre / Apr 2	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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