News Archives for Print - 2023-08-14

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Print - 2023-08-14

Russia’s moon craft starts processing first data

MOSCOW: Russia on Sunday switched on the scientific instruments aboard its lunar lander and scientists began...

Published 14 Aug, 2023 06:29am

The Weather

KARACHI: The weather report on Sunday (August 13, 2023) and the forecast for Monday (August 14, 2023)....

Published 14 Aug, 2023 06:29am

Pakistan 76 year of independence: Major dimensions of the Pakistan Movement

TEXT: Pakistan is entering the Seventy-seventh year of independence. However, we go on discussing Pakistan’s state...

Published 14 Aug, 2023 06:29am

Hope and optimism

TEXT: Since childhood we grew up listening about the assets we have been bestowed with. Fertile arable land and...

Published 14 Aug, 2023 06:29am

Tara Group Pakistan is Playing a Revolutionary Role in the Growth of Agriculture Sector

TEXT: Tara Group Pakistan is one of the top ranking innovative Agri. Research based organization in Agriculture...

Published 14 Aug, 2023 06:29am

Growing inflation making life miserable for the poor: PDP

KARACHI: Growing price hike has made miserable the lives of millions of poor families but the government is not...

Published 14 Aug, 2023 06:29am

PBF felicitates Kakar as caretaker PM

QUETTA: The leadership of Pakistan Business Forum (PBF) has extended heartfelt congratulations to Anwar-ul-Haq Kakar...

Published 14 Aug, 2023 06:29am

Middle East

UAE denies sending weapons to Sudan war

ABU DHABI: The United Arab Emirates Sunday denied a report claiming weapons were found in its aid shipments to...

Published 14 Aug, 2023 06:29am

Asia

Death toll from mudslide in China’s Xian rises to 21

BEIJING: The death toll from a mudslide in China’s northwestern city of Xian has risen to 21, with six people ...

Published 14 Aug, 2023 06:29am

President urges nation to remain steadfast, work hard for country

ISLAMABAD: President Dr Arif Alvi has urged the entire Pakistani nation to remain steadfast and work wholeheartedly...

Published 14 Aug, 2023 06:29am

33 CDWP, 12 ECNEC meetings held in 16 months

ISLAMABAD: Ministry of Planning, Development and Special Initiatives has launched a 16-month performance report ...

Published 14 Aug, 2023 06:29am

SIPS to help bring change in ‘thana’ culture

LAHORE: To facilitate citizens and protect their properties and lives, model police stations will be set up under ...

Published 14 Aug, 2023 06:29am

Bajaur operation Soldier embraces martyrdom, four terrorists killed

RAWALPINDI: A soldier of the Pakistan Army embraced martyrdom during an intelligence-based operation (IBO) conducted...

Published 14 Aug, 2023 06:29am

Independence Day 180-day remission announced for prisoners

ISLAMABAD: On the occasion of Independence Day of Pakistan, President Dr Arif Alvi has approved remission of 180 ...

Published 14 Aug, 2023 06:29am

Kakar cannot hold ‘transparent’ elections: Aimal Wali

QUETTA: Awami National Party (ANP) has raised reservations about the transparency of the elections under the...

Published 14 Aug, 2023 06:29am

Commodities

Prices of essential food items witness upward trend

PESHAWAR: Upward trend in prices of essential food items, including vegetables, sugar, live chicken/meat and others...

Published 14 Aug, 2023 06:29am

LG Dept takes action against illegal constructions

LAHORE: A major crackdown has been initiated against unauthorized, illegal constructions and encroachments on the...

Published 14 Aug, 2023 06:29am

Hashoo Group, CDA join hands for ‘Greener Pakistan’

ISLAMABAD: In a symbolic gesture aligning with the spirit of Pakistan’s Independence Day, Hashoo Group, the leading...

Published 14 Aug, 2023 06:29am

Letters

‘Train disaster’

This is apropos a Business Recorder editorial “Train disaster” carried by the newspaper recently. The editorial...

Published 14 Aug, 2023 06:29am

Broadening the tax net — I: A solution to taxation woes?

In recent years the word “narratives’ and the phrase “narrative building” have come to occupy a prominent...

Published 14 Aug, 2023 06:29am

PM calls for rekindling spirit of Independence Movement

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif has underlined the need to summon the spirit that marked the...

Published 14 Aug, 2023 06:29am

Kakar resigns from Senate, BAP

ISLAMABAD: Nominated caretaker prime minister and Balochistan Awami Party (BAP) Senator Anwaar-ul-Haq Kakar ...

Published 14 Aug, 2023 06:29am

Two militants killed attacking convoy of Chinese workers in Gwadar

QUETTA: Two separatist militants were killed Sunday when they attacked a convoy carrying Chinese workers to a...

Updated 14 Aug, 2023 09:42am

Israel rules out Jerusalem base for Saudi envoy to Palestinians

OCCUPIED JERUSALEM: Israel ruled out on Sunday a diplomatic base in Jerusalem for the new Saudi envoy to the...

Updated 14 Aug, 2023 09:59am

People should reject conspirators: COAS

KARACHI: Chief Of Army Staff (COAS) General Syed Asim Munir has said that Pakistan is determined to rise among the...

Updated 14 Aug, 2023 09:59am

Dual degree program by Bandung Institute of Technology Embassy of Indonesia organises session for promotion

ISLAMABAD: The Embassy of Indonesia in Islamabad organized an informative session for the promotion of a prestigious...

Published 14 Aug, 2023 06:29am

Commodities

MoU signed to facilitate chilli export to China

BEIJING: In a development for Sino-Pak trade and agricultural cooperation, Pakistan’s Dynamic Engineering and...

Published 14 Aug, 2023 06:29am

2,468 villages included in special development initiative

LAHORE: The Punjab government has taken a significant decision to launch the ‘Ab Gaon Chamkein Gae’ [Now ...

Published 14 Aug, 2023 06:29am

Bilawal for supremacy of constitution, parliament

KARACHI/ISLAMABAD: Chairman Pakistan People’s Party (PPP) Bilawal Bhutto Zardari, on the Independence Day, has...

Published 14 Aug, 2023 06:29am

PIA launches first-ever direct flight from Dubai to Skardu

KARACHI: Pakistan International Airlines (PIA) announced the launch of its first-ever direct flight from Dubai to...

Updated 14 Aug, 2023 05:33pm

Independence Day will be celebrated with enthusiasm at SAU

HYDERABAD: Independence Day will be celebrated in grand enthusiasm at Sindh Agriculture University and its...

Published 14 Aug, 2023 06:29am

Saline soil: Experiment to grow trees, paddy crops heading towards success

HYDERABAD: Sindh Agriculture University’s experiment of growing trees and paddy crops in saline soil is heading...

Published 14 Aug, 2023 06:29am

Ashrafi terms national flag symbol of unity, solidarity

ISLAMABAD: Pakistan Ulema Council Chairman Hafiz Muhammad Tahir Mahmood Ashrafi, on Sunday underscored the...

Published 14 Aug, 2023 06:29am

Independence Day Pledge be made to ensure rule of people: Zardari

ISLAMABAD/KARACHI: Former President of Pakistan and President Pakistan Peoples’ Party Parliamentarians, Asif Ali...

Published 14 Aug, 2023 06:29am

Industry

SCCI, APMIA sign MoU

PESHAWAR: A memorandum of Understanding (MoU) was signed between Sarhad Chamber of Commerce and Industry and All...

Published 14 Aug, 2023 06:29am

Export cargo train from Peshawar: Business community demands restoration

PESHAWAR: Members of the business community demanded restoration of the export cargo train from Peshawar to Karachi,...

Published 14 Aug, 2023 06:29am

Industry

FPCCI, UoP join hands for trade research & development cell

PESHAWAR: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Area Study Centre, University of...

Published 14 Aug, 2023 06:29am

China State Council issues guidelines in bid to increase foreign investment

BEIJING: China’s State Council issued guidelines on Sunday that it said would further optimize the country’s...

Published 14 Aug, 2023 06:29am

Companies

SoftBank in talks to buy Vision Fund’s 25pc stake in Arm

NEW YORK: SoftBank Group Corp is in talks to acquire the 25% stake in Arm Ltd it does not directly own from Vision...

Updated 14 Aug, 2023 06:56am

Pervasive prejudice against women

EDITORIAL: A study on women’s marriage rights makes disturbing though unsurprising revelations about the status of...

Published 14 Aug, 2023 06:29am

Cat’s out of the bag

EDITORIAL: Rumours that plans were afoot to delay the general election, due at the end of the year, turned out to be...

Published 14 Aug, 2023 06:29am

Shehbaz confident Kakar will ensure free, fair elections

ISLAMABAD: Outgoing Prime Minister Shehbaz Sharif expressed the confidence that the caretaker prime minister...

Updated 14 Aug, 2023 10:00am

Independence Day today

LAHORE: The Pakistani nation will celebrate the Independence Day on Monday (today) with a renewed pledge to make the...

Updated 14 Aug, 2023 09:43am

Iran says oil exports surpass 1.4m bpd target

DUBAI: Iran’s oil exports have surpassed the government’s 1.4 million barrels per day target, the head of Iran’s...

Updated 14 Aug, 2023 09:59am

Shehbaz narrates his achievements in farewell address

ISLAMABAD: Outgoing Prime Minister Shehbaz Sharif said that the Pakistan Democratic Movement (PDM)-led government...

Updated 14 Aug, 2023 10:11am

Income tax law: FBR proposes new definition of word ‘banking’

Proposed draft amendments in the Income Tax Ordinance, 2001 issued for simplification and harmonization through the next Finance Bill, 2024

Updated 14 Aug, 2023 05:32pm

Sindh caretaker CM: Second round of talks remains inconclusive

Says automatic weapons were fired on the Palau-flagged Sukru Okan vessel after the ship’s captain failed to respond to a request to halt for an inspection

Updated 14 Aug, 2023 10:17am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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