News Archives for Print - 2023-08-20

<<>>

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

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

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

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

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

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

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

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

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

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

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

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

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

‘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

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

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

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

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

Paper

Lahore Paper Market Rates

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

Published 20 Aug, 2023 03:20am

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	153.56
USD to Swiss Franc / Dec 17	0.89
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
India Sensex / Dec 17	80,684.45
Tokyo Nikkei / Dec 17	39,164.26
Nasdaq / Dec 17	20,109.06
Hang Seng / Dec 17	19,815.30
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37

Item	Value
Crude Oil USD/Barrel / Dec 17	70.11
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Gold Spot USD/Ounce / Dec 17	2,644.07
Cotton US¢/pound / Dec 17	68.53
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.87 ▲ 0.76 (10.69%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Nimir Resins / Dec 18 Nimir Resins Limited(NRSL)	35.16 ▲ 3.20 (10.01%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Diamond Ind. / Dec 18 Diamond Industries Limited(DIIL)	20.90 ▲ 1.90 (10.00%)
Leather Up Ltd. / Dec 18 Leather Up Limited(LEUL)	26.74 ▲ 2.43 (10.00%)

Stock	Price
Equity Modaraba / Dec 18 First Equity Modaraba(FEM)	3.01 ▼ -0.43 (-12.50%)
Dewan Textile / Dec 18 Dewan Textile Mills Limited(DWTM)	5.67 ▼ -0.77 (-11.96%)
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.20 ▼ -2.20 (-9.82%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.11
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.01
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.49
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▼ -0.01
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.43
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.47
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.05
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -3.34
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.17

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular