News Archives for Print - 2023-08-20

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Print - 2023-08-20

KP’s interim cabinet takes oath

Cabinet comprising nine provincial ministers two advisors and one special assistant sworn in by KP Governor Haji Ghulam Ali

Updated 20 Aug, 2023 09:44am

Two Israeli civilians killed in West Bank shooting

RAMALLAH, (Palesti-nian Territories): Two Israeli civilians were killed in a suspected shooting in the occupied West...

Published 20 Aug, 2023 03:20am

Indian govt sets emission limit for hydrogen to qualify as ‘green’

MUMBAI: The Indian government has set an emission limit of two kilogram carbon-dioxide for every kilogram of ...

Published 20 Aug, 2023 03:20am

Europe

Seven killed, 90 wounded in Russian missile strike on Ukraine’s Chernihiv

CHERNIHIV: Seven people including a 6-year-old child were killed and at least 90 wounded when a Russian missile...

Published 20 Aug, 2023 03:20am

Asia Cup: Ramiz not among commentators

LAHORE: Non-inclusion of the former PCB chairman and leading commentator Ramiz Raja in the commentary panel for the...

Published 20 Aug, 2023 03:20am

The Weather

KARACHI: The weather report on Saturday (August 19, 2023) and the forecast for Sunday (August 20, 2023)...

Published 20 Aug, 2023 03:20am

Illegal stock of sugar recovered

MUZAFFARGARH: District administration recovered illegal stock of sugar and recovered 5000 bags during a special raid...

Published 20 Aug, 2023 03:20am

Energy

US natural gas futures slip

NEW YORK: US natural gas futures fell to a more than two-week low on Friday, on expectations of weak demand heading...

Published 20 Aug, 2023 03:20am

APNS greets Murtaza Solangi

KARACHI: The All Pakistan Newspapers Society (APNS) has welcomed and congratulated Murtaza Solangi on his ...

Published 20 Aug, 2023 03:20am

PPP asks ECP to hold polls within 90 days

KARACHI: The Pakistan Peoples Party (PPP) has demanded the Election Commission of Pakistan to hold general election...

Published 20 Aug, 2023 03:20am

SNG hands over ‘RIMS pilot’ to KPRA

PESHAWAR: The Sub-National Governance (SNG) Programme of the UK’s Foreign, Commonwealth and Development Office...

Published 20 Aug, 2023 03:20am

Elections to take place only after delimitation: Sanjrani

KARACHI: Chairman Senate, Muhammad Sadiq Sanjrani on Saturday affirmed that next general election would be conducted...

Published 20 Aug, 2023 03:20am

Letters

‘Ominous start to new (fiscal) year’

This is apropos a Business Recorder editorial “Ominous start to new (fiscal) year” carried by the newspaper...

Published 20 Aug, 2023 03:20am

Malaysian CG calls on Sindh Governor

KARACHI: Sindh Governor Kamran Khan Tessori, on Saturday, stressed on the need of expansion of bilateral relations...

Published 20 Aug, 2023 03:20am

Street crimes rising in federal capital

ISLAMABAD: The capital city witnessed an upward trend in the incidents of car lifting and mobile phone snatching...

Published 20 Aug, 2023 03:20am

KATI demands govt eradicate drug abuse in schools

KARACHI: Emphasizing the need to curb drug abuse in educational institutions, President Korangi Association of Trade...

Published 20 Aug, 2023 03:20am

Govt urged to help reduce prices of daily use items

KARACHI: Traders have shown a financial vulnerability to pay soaring electricity bills for being beyond their...

Published 20 Aug, 2023 03:20am

Shehbaz visits residence of Tarar

LAHORE: Former prime minister and Pakistan Muslim League (N) president Shehbaz Sharif on Saturday visited the...

Published 20 Aug, 2023 03:20am

Indus Hospital research centre opened

LAHORE: Inaugurating the modern research centre here at Indus Hospital Jubilee Town, the caretaker Provincial Health...

Published 20 Aug, 2023 03:20am

CM vows to provide patients quality treatment

LAHORE: The caretaker Punjab Chief Minister Mohsin Naqvi continued his surprise visit to public health facilities, ...

Published 20 Aug, 2023 03:20am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (August 19, 2023) ======================================= Offset...

Published 20 Aug, 2023 03:20am

PTA formulating ‘digital gender inclusion strategy’

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) is in the process of formulation of “Digital Gender...

Published 20 Aug, 2023 03:20am

‘World Humanitarian Day’ observed

LAHORE: To highlight the dignity and esteem of humanity, World Humanitarian Day was observed on August 19 across the...

Published 20 Aug, 2023 03:20am

Nawaz summons Lahore leadership to London

LONDON: Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif has summoned the party leadership of Lahore to...

Published 20 Aug, 2023 03:20am

Lahore reports 11 dengue cases

LAHORE: Eleven new dengue virus cases were reported in the provincial metropolis on Saturday. According to the...

Published 20 Aug, 2023 03:20am

Pak delegation attends border committee meeting during Afghanistan’s visit

PESHAWAR: A delegation of Pakistan paid a day-long visit to Afghanistan to attend a border committee meeting held...

Published 20 Aug, 2023 03:20am

Body looking into all aspects of journalist’s murder case: DIG

SUKKUR: Deputy Inspector General (DIG) Tanveer Alam Odho on Saturday said that the committee inquiring into the...

Published 20 Aug, 2023 03:20am

SOE conundrum: To be, or not to be…

State-Owned Enterprises (SOEs) have become a subject of heated debate in Pakistan, with conflicting opinions on ...

Published 20 Aug, 2023 03:20am

Mukhtar replaces Memon as Sindh IG

KARACHI: The federal government on Saturday approved the appointment of Dr Riffat Mukhtar as the new Sindh inspector...

Published 20 Aug, 2023 03:20am

Iraq announces 30-day free visas for Pakistani Arbaeen pilgrims

BAGHDAD: The Iraqi government has announced free visas for the Pakistani Arbaeen pilgrims from August 19 to ...

Published 20 Aug, 2023 03:20am

Pakistan condemns desecration of Holy Quran in The Hague

ISLAMABAD: Pakistan has strongly condemned another provocative and deeply offensive act of desecration of the Holy...

Published 20 Aug, 2023 03:20am

Two Chinese suffer burn injuries in Islamabad

ISLAMABAD: Two Chinese nationals suffered severe burn injuries as a result of gas leakage blast that hit their house...

Published 20 Aug, 2023 03:20am

Alarming surge in Sutlej River’s water level

Flood Forecasting Division says the river was at an extremely high flood level at Ganda Singh Wala

Updated 20 Aug, 2023 09:43am

Section 144 imposed

Commissioner Lahore Muhammad Ali Randhawa says Police is also being deployed to protect the vacated villages

Updated 20 Aug, 2023 09:39am

Mosques probed over protest call

More than 80 Christian homes and 19 churches were vandalised when hundreds rampaged through a Christian neighbourhood in Jaranwala in Punjab province

Updated 20 Aug, 2023 09:41am

SC says show-cause notice issued to taxpayer must contain all necessary facts

ISLAMABAD: The Supreme Court declared that a show cause notice issued to a taxpayer must contain all the necessary...

Updated 20 Aug, 2023 09:30am

Cotton & Textile

Volume of business improves on cotton market

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

Published 20 Aug, 2023 03:20am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday (August 19, 2023)...

Published 20 Aug, 2023 03:20am

Commodities

El Nino may delay rains in Argentina

BUENOS AIRES: Heavy rainfall linked to the weather phenomenon known as El Nino likely will kick off in Argentina in...

Published 20 Aug, 2023 03:20am

Commodities

What I’m looking for on next week’s Pro Farmer crop tour

NAPERVILLE, (Illinois): Extreme dryness from planting through June has been the biggest hiccup of the current US ...

Published 20 Aug, 2023 03:20am

Commodities

EU wheat rebounds with war risks back in focus

PARIS: Euronext wheat rebounded on Friday from a one-month low as headlines from the Ukraine-Russia war encouraged...

Published 20 Aug, 2023 03:20am

Commodities

Iron ore futures rise

SINGAPORE: Iron ore futures were set for a second consecutive weekly gain on Friday, buoyed by relief that steel...

Published 20 Aug, 2023 03:20am

Commodities

Japanese rubber higher

SINGAPORE: Japanese rubber futures on Friday recorded a 4-day rally and posted weekly gains for the first time in ...

Published 20 Aug, 2023 03:20am

Commodities

Asia Gold: China premiums spike as economic woes spur safe-haven

BENGALURU/ MUMBAI: Premiums on physical gold in China jumped to the highest since December 2016 this week as ...

Published 20 Aug, 2023 03:20am

Commodities

Trickle of LME zinc deliveries turns into a flood

LONDON: London Metal Exchange (LME) zinc stocks have more than doubled to 145,975 metric tons over the last month ...

Published 20 Aug, 2023 03:20am

Taxes

Imposition of default surcharge on trade associations assailed

LAHORE: The Income Tax department is allegedly imposing default surcharge on trade associations by dividing expenses...

Published 20 Aug, 2023 03:20am

Cotton & Textile

PAD working harder to achieve cotton target

LAHORE: Secretary Agriculture, Punjab Iftikhar Ali Sahoo has said that the cotton crop is currently in a critical...

Published 20 Aug, 2023 03:20am

Energy

Low earners hit hardest by oil price hike

LAHORE: The low-income people are hard-pressed by the surge in the prices of fuel and electricity which has made...

Published 20 Aug, 2023 03:20am

Prices of kitchen items register further increase

ISLAMABAD: The prices of essential kitchen items have witnessed a further increase during this week past against the...

Published 20 Aug, 2023 03:20am

Commodities

Gold prices up

KARACHI: Gold prices on Saturday continued to surge with a fresh rise in silver on the local market, traders said....

Published 20 Aug, 2023 03:20am

A laudable initiative

EDITORIAL: This country’s first-ever cafe exclusively run by differently abled persons opened in Karachi last...

Published 20 Aug, 2023 03:20am

Alvi signs Army and Official Secrets Acts into law

ISLAMABAD: President Arif Alvi on Saturday assented to the Official Secrets (Amendment) Bill, 2023, and the Pakistan...

Updated 20 Aug, 2023 09:31am

Wheat flour rates at Utility Stores rise sharply

ISLAMABAD: The Caretaker Government has massively increased the flour prices at Utility Stores across Pakistan,...

Updated 20 Aug, 2023 09:30am

Question of energy sector reforms comes under interim govt’s focus

ISLAMABAD: Caretaker Prime Minister Anwaarul Haq Kakar on Saturday said the government would ensure implementation...

Updated 20 Aug, 2023 03:19pm

PM says caretaker setup committed to financial prudence

Premier says together we are journeying toward a brighter and more prosperous future for our nation

Updated 20 Aug, 2023 09:28am

Caretaker Sindh govt: 10 ministers administered oath; portfolios assigned

KARACHI Governor Sindh Kamran Tessori on Saturday administered oath to 10 ministers of Sindh’s caretaker cabinet at...

Updated 20 Aug, 2023 09:32am

Delay in elections: PTI says will move SC against ECP’s decision

ISLAMABAD: Pakistan Tehreek-Insaf (PTI) has announced that it will move Supreme Court against the Election ...

Updated 20 Aug, 2023 09:32am

Qureshi arrested by FIA in ‘missing cypher’ case

ISLAMABAD: The Federal Investigation Agency (FIA) on Saturday arrested Pakistan Tehreek-e-Insaf (PTI) Vice Chairman...

Updated 20 Aug, 2023 09:33am

Taxes

FBR redrafts law dealing with payments to non-residents

ISLAMABAD: The Federal Board of Revenue (FBR) has redrafted the law dealing with the payments made to non-residents...

Updated 20 Aug, 2023 11:39am

Justice Isa visits Jaranwala, meets members of Christian community

FAISALABAD: The senior puisne judge of the Supreme Court Justice Qazi Faez Isa on Saturday paid a visit to Christian...

Updated 20 Aug, 2023 09:37am

SC Act also applies to pending cases under Article 184(3): Justice Mansoor

ISLAMABAD: Justice Syed Mansoor Ali Shah has stated the Supreme Court (Practice and Procedure) Act, 2023, being a...

Updated 20 Aug, 2023 09:37am

Energy

Indian energy company ONGC Videsh secures 3-yr extension to explore South China Sea

MUMBAI: Indian energy company ONGC Videsh has secured a three-year extension from Vietnam to explore ‘Block 128’...

Published 20 Aug, 2023 03:20am

Partisan caretakers

EDITORIAL: It comes as bit of a surprise, though anything can be expected in the present political scenario. As many...

Published 20 Aug, 2023 03:20am

TTP terrorism: a prospect for peace

EDITORIAL: On August 12 the Afghan Taliban marked two years of return to power amid heightened tensions with ...

Published 20 Aug, 2023 03:20am

Industry

‘Color & Chem Expo’ begins: ‘Govt needs to cut cost of doing business for ailing industry’

LAHORE: “The caretaker government needs to reduce cost of doing business for ailing industry of the country. The...

Published 20 Aug, 2023 03:20am

Industry

Former KCCI president Shaukat greets new commerce minister

KARACHI: Shaukat Ahmed, Former President KCCI and Former Senior Vice President FPCCI has congratulated Dr. Gohar ...

Published 20 Aug, 2023 03:20am

Industry

PBF hopes fiscal situation will improve under caretaker govt

KARACHI: Pakistan Business Forum (PBF) hopes fiscal space will improve the incumbent caretaker government. In a...

Published 20 Aug, 2023 03:20am

Taxes

Section 7E of IT law: KCCI chief assails FBR for showing ‘discriminatory’ attitude

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf while slamming the ...

Published 20 Aug, 2023 03:20am

Industry

Faisalabad business community hails efforts of NBP

FAISALABAD: Shahid Iqbal Chaudhry, Country/Group Head- Corporate & Investment Banking Group, National Bank of...

Published 20 Aug, 2023 03:20am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.90
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.32
Euro to USD / May 13	1.11
UK LIBOR % / May 12	4.96

Stock	Volume
S&P 500 / May 12	5,844.19
Nasdaq / May 12	18,708.34
Dow Jones / May 12	42,410.10
India Sensex / May 13	81,726.97
Tokyo Nikkei / May 13	38,305.85
Hang Seng / May 13	23,188.20
FTSE 100 / May 13	8,606.55
Germany DAX 30 / May 13	23,595.02
France CAC40 / May 13	7,859.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 12	16,985
Gold 10 Grams PKR / May 12	291,923
Crude Oil USD/Barrel / May 13	61.90
Gold Spot USD/Ounce / May 13	3,253.26
Cotton US¢/pound / May 13	66.85
Petrol/Litre / May 14	252.63
Diesel/Litre / May 14	256.64

Gainers
Losers
Leaders

Stock	Price
Grays Leasing / May 13 Grays Leasing Limited(GRYL)	4.51 ▲ 0.72 (19%)
TPL Trakker Ltd / May 13 TPL Trakker Limited(TPLT)	6.59 ▲ 1 (17.89%)
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.88 ▲ 1 (17.01%)
B. F. Mod. / May 13 B.F. Modaraba(BFMOD)	8.34 ▲ 1 (13.62%)
Burj Clean Energy Modaraba / May 13 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.11 ▲ 1 (12.33%)
Mahanna Islamic Index / May 13 Mahanna Islamic Index Traded Fund(MIIETF)	15.47 ▲ 1.65 (11.94%)
Haseeb Waqas / May 13 Haseeb Waqas Sugar Mills Limited(HWQS)	9.59 ▲ 1 (11.64%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)

Stock	Price
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	15.35 ▼ -1.71 (-10.02%)
Bilal Fibres / May 13 Bilal Fibres Limited(BILF)	19.59 ▼ -2.18 (-10.01%)
TPL Life Insur. / May 13 TPL Life Insurance Limited(TPLL)	46.80 ▼ -5.2 (-10%)
Din Tex. / May 13 Din Textile Mills Limited(DINT)	45 ▼ -4.99 (-9.98%)
Mughal Energy / May 13 Mughal Energy Limited(GEM)(GEMMEL)	19.90 ▼ -2.12 (-9.63%)
Suhail Jute / May 13 Suhail Jute Mills Limited(SUHJ)	78.36 ▼ -8.24 (-9.52%)
First Punjab Modaraba / May 13 First Punjab Modaraba(FPJM)	2.77 ▼ -0.28 (-9.18%)
Parmount Sp. / May 13 Paramount Spinning Mills Limited(PASM)	3.36 ▼ -0.31 (-8.45%)
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.95 ▼ -0.25 (-7.81%)
First IBL Mod. / May 13 First IBL Modaraba(FIBLM)	3 ▼ -0.24 (-7.41%)

Stock	Volume
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	41,734,903 ▼ -0.06
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	41,052,877 ▲ 6.27
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	35,773,773 ▲ 2.33
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	30,912,153 ▲ 15.65
B.O.Punjab / May 13 The Bank of Punjab(BOP)	24,175,098 ▼ -0.16
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	24,174,880 ▼ -0.09
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	23,803,446 ▼ -0.22
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	21,754,749 ▼ -3.25
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	20,681,855 ▲ 1.82
D.G.K.Cement / May 13 D.G. Khan Cement Company Limited(DGKC)	19,785,523 ▲ 10.35

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