News Archives for Print - 2023-10-08

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Print - 2023-10-08

UN calls for immediate halt to violence

ZURICH: The United Nations’ High Commissioner for Human Rights has called for an immediate halt to violence in ...

Published 08 Oct, 2023 03:12am

Europe

EU ‘unequivocally’ condemns Hamas attacks

BRUSSELS: The European Union on Saturday “unequivocally” condemned attacks by the Palestinian group Hamas on...

Published 08 Oct, 2023 03:12am

Four hikers die on Japan mountain

TOKYO: Four hikers were found dead Saturday after spending the night on a mountain trail in Japan, authorities ...

Published 08 Oct, 2023 03:12am

Illegal immigrants: PBC hails govt policy

ISLAMABAD: Pakistan Bar Council (PBC) has appreciated the policy of interim government to expel all the illegal...

Published 08 Oct, 2023 03:12am

City School holds ‘high achievers’ ceremony’

ISLAMABAD: The City School Northern Region Saturday organised the High Achiever’s Ceremony here to celebrate the...

Published 08 Oct, 2023 03:12am

Education a must for prosperity: governor

LAHORE: Punjab Governor, Muhammad Balighur Rehman, while addressing the participants of the opening ceremony of the...

Published 08 Oct, 2023 03:12am

UN agencies say ready to lend support to govt in registering,managing Afghan nationals

ISLAMABAD: The United Nations High Commissioner for Refugees (UNHCR) and the International Organization for ...

Published 08 Oct, 2023 03:12am

Islamabad police yet to bust criminal gangs?

ISLAMABAD: The city police have failed to bust active gangs of car lifters and armed snatchers as during the last...

Published 08 Oct, 2023 03:12am

Angry mob attacks Pesco grid station in Bannu

BANNU: Hundreds of protesting electricity consumers attacked a Pesco grid station in Bannu and forcibly switched on ...

Published 08 Oct, 2023 03:12am

Haleem Adil, Raja Azhar get bails

KARACHI: Anti-terrorism court on Saturday granted bail to PTI leaders Haleem Adil Shaikh and Raja Azhar May 09...

Published 08 Oct, 2023 03:12am

Bilawal vows full support to flood-affected people

JACOBABAD: Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari has assured of facilitating the flood ...

Published 08 Oct, 2023 03:12am

IHC terms ‘subject to vacancy’ allotment letters illegal

ISLAMABAD: Releasing a detailed verdict on the petition filed by Sumaira Siddiqui, a contractual employee, against...

Published 08 Oct, 2023 03:12am

Admiral Naveed Ashraf takes charge as Chief of Pakistan Navy

ISLAMABAD: Admiral Naveed Ashraf has taken charge as the 23rd Chief of the Pakistan Navy at a ceremony held here on...

Published 08 Oct, 2023 03:12am

Punjab govt approves Rs5bn to improve healthcare facilities

LAHORE: The Punjab cabinet, which met here on Saturday with the caretaker Chief Minister Mohsin Naqvi in the chair...

Published 08 Oct, 2023 03:12am

The Weather

KARACHI: The weather report on Saturday (October 07, 2023) and the forecast for Sunday (October 08, 2023)...

Published 08 Oct, 2023 03:12am

PM for addressing ‘Palestine question’

PM says heartbroken by the escalating violence in the Middle East which underscores the urgent need to address the Palestine Question

Updated 08 Oct, 2023 10:44am

Energy

Putin launches Russian gas shipments to Uzbekistan

MOSCOW: Russian Vladimir Putin on Saturday announced the start of gas supplies to Uzbekistan via Kazakhstan, a boost...

Published 08 Oct, 2023 03:12am

FM Jilani to visit Azerbaijan to attend ECO Council meeting

Jilani will address the Council of Ministers and hold bilateral meetings with participating ministers of member states and other dignitaries

Updated 08 Oct, 2023 10:45am

PTI leaders record video statements under oath ‘Imran never asked us to attack any state institution, building, military installation’

PTI leadership preemptively recorded their video statements as proof to foil the nefarious plan in case they get arrested, tortured and blackmailed to give false statements against Khan

Updated 08 Oct, 2023 10:46am

AGP’s observations to be discussed in DAC meeting: Malfeasance worth Rs307.84bn detected in PCAA’s Pension Fund Trust

ISLAMABAD: Pakistan Civil Aviation Authority (PCAA) Saturday said the Auditor General of Pakistan’s observations...

Published 08 Oct, 2023 03:12am

South Asia towards greater regional air connectivity: Prospects and challenges

Air connectivity in South Asia needs a 360-degree vision. At the same time, air connectivity in the region will not...

Published 08 Oct, 2023 03:12am

Energy

Renewable natural gas: SSGC-AE, Green Waste Energy ink MoU

KARACHI: Sui Southern Gas Company (SSGC) Alternate Energy (Pvt) Limited (SSGC-AE) and Green Waste Energy (Pvt)...

Published 08 Oct, 2023 03:12am

Chairman PAEC hands plaque over to Director NORI

ISLAMABAD: A ceremony regarding breast cancer awareness was held at NORI hospital, Islamabad which is recently...

Published 08 Oct, 2023 03:12am

Energy

Govt urged to help people fully exploit solar power potential

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and...

Published 08 Oct, 2023 03:12am

241 accused held: 109 illegal hydrants demolished

KARACHI: Pakistan Rangers Sindh (PRS) continued its operations against illegal water hydrants in Karachi on ...

Published 08 Oct, 2023 03:12am

JI’s sit-in outside Governor’s House today

KARACHI: Jamaat-e-Islami (JI) Karachi is going to initiate its much awaited sit-in outside the Sindh Governor House...

Published 08 Oct, 2023 03:12am

Diploma in ‘Corporate Laws’ launched at IBA Karachi

KARACHI: The Centre for Executive Education, Institute of Business Administration (IBA) Karachi in collaboration ...

Published 08 Oct, 2023 03:12am

Gujranwala Rescue team wins ‘12th National Rescue Challenge’

LAHORE: The Gujranwala Rescue team won the 12th National Rescue Challenge (NRC)-2023 while Khyber Pakhtunkhwa’s...

Published 08 Oct, 2023 03:12am

CM visits LGH, speaks to patients

LAHORE: The caretaker Chief Minister Punjab Mohsin Naqvi visited Lahore General Hospital and reviewed the treatment...

Published 08 Oct, 2023 03:12am

ATC declares five PTI leaders ‘POs’

LAHORE: An anti-terrorism court on Saturday declared five leaders of the Pakistan Tehreek-i-Insaf including Hammad...

Published 08 Oct, 2023 03:12am

LDA to start plantation drive

LAHORE: The Lahore Development Authority (LDA) will start a plantation drive in its societies to control...

Published 08 Oct, 2023 03:12am

Wahab, Murad file nomination papers for by-polls on local govt seats

KARACHI: Mayor Karachi Murtaza Wahab and Deputy Mayor Salman Abdullah Murad on Saturday submitted their nomination...

Published 08 Oct, 2023 03:12am

Two held in raid on forex firm

PESHAWAR: The Commercial Banking Circle of Federal Investigation Agency (FIA) arrested two accused and recovered...

Published 08 Oct, 2023 03:12am

Letters

‘No more business as usual’

Business Recorder op-ed writer Imran Shaikh deserves kudos for presenting a highly informed perspective titled “No...

Published 08 Oct, 2023 03:12am

Energy

Oil prices hold steady, Russia rolls back diesel export ban

LONDON: Oil prices were stable but on course for a week-on-week loss, as demand fears due to macroeconomic headwinds...

Published 08 Oct, 2023 03:12am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday (October 07, 2023)...

Published 08 Oct, 2023 03:12am

Cotton & Textile

Falling trend persists on cotton market

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Saturday decreased the spot rate by Rs...

Published 08 Oct, 2023 03:12am

Energy

US natural gas futures jump on lower output

NEW YORK: US natural gas futures jumped about 5% on Friday and 14% for the week to an eight-month high as lower...

Published 08 Oct, 2023 03:12am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (October 07, 2023). ======================================= Offset...

Published 08 Oct, 2023 03:12am

Money laundering scam: Customs to engage UAE’s FIU to trace illicit fund transfers

KARACHI: Pakistan Customs is going to engage the UAE’s Financial Intelligence Unit (FIU) to trace billions of rupees...

Updated 08 Oct, 2023 04:31pm

From reactive to proactive approach: Disaster management system witnessing transition: PM

ISLAMABAD: Caretaker Prime Minister Anwaar ul Haq has stated that the disaster management system in Pakistan is...

Updated 08 Oct, 2023 09:47am

‘Any new fixed tax scheme without consultation would be rejected’

ISLAMABAD: A leading traders’ association has warned the Federal Board of Revenue (FBR) that any new fixed tax...

Updated 08 Oct, 2023 09:48am

Commodities

Punjab expecting bumper cotton crop: Gohar

LAHORE: Caretaker Federal Minister for Commerce and Industry Dr Gohar Ejaz says Punjab will witness bumper cotton...

Published 08 Oct, 2023 03:12am

Commodities

Agri sector development: 19-year plan to be announced within two months: minister

LAHORE: Caretaker Agriculture Minister Punjab, S M Tanvir said on Saturday that a 19-year master plan will be...

Published 08 Oct, 2023 03:12am

Commodities

Japanese rubber futures recover

SINGAPORE Japanese rubber futures closed higher on Friday as oil prices inched up, though bearish economic sentiment...

Published 08 Oct, 2023 03:12am

Cotton & Textile

Australian cotton exports to China surge

CANBERRA: Australia’s exports of cotton to China ballooned to 61,319 metric tons worth $130 million in August, the...

Published 08 Oct, 2023 03:12am

Cotton & Textile

KCA celebrates World Cotton Day

KARACHI: The Karachi Cotton Association (KCA) celebrated World Cotton Day on Saturday in the office of the...

Published 08 Oct, 2023 03:12am

Commodities

Chicago wheat eases

PARIS/CANBERRA: Chicago wheat prices edged lower on Friday, consolidating after a rally fuelled by renewed concerns...

Published 08 Oct, 2023 03:12am

Commodities

Palm oil futures dip

NEW DELHI: Malaysian palm oil futures closed lower on Friday, extending losses for a third straight session and...

Published 08 Oct, 2023 03:12am

Commodities

Gold attempts rebound

BENGALURU: Gold prices gained on Friday, helped by a technical rebound after a nine-day losing streak, although...

Published 08 Oct, 2023 03:12am

Commodities

Paris wheat higher

PARIS: Euronext wheat edged higher on Friday after a choppy week in which prices hit a three-week low before...

Published 08 Oct, 2023 03:12am

Commodities

Copper heads for the LME week with steep weekly decline

LONDON: Copper prices rose in London on Friday, but were heading for their biggest weekly drop in five months due to...

Published 08 Oct, 2023 03:12am

Imports from China, South Korea: Customs’ values on woven, non-woven material enhanced

ISLAMABAD: The Directorate General of Customs Valuation Karachi has issued increased customs values on the import of...

Updated 08 Oct, 2023 07:04pm

Human capital investment: WB rates $200m KP project progress unsatisfactory

ISLAMABAD: The World Bank has rated the overall implementation progress of the Khyber-Pakhtunkhwa Human Capital...

Updated 08 Oct, 2023 05:35pm

First petrochemical policy getting final touches

Govt aims to attract investment in the upstream and midstream industry to start indigenous manufacturing of petrochemicals

Updated 08 Oct, 2023 10:48pm

World community must act to end hostilities: FO

ISLAMABAD: Pakistan on Saturday expressed concerns at escalation of hostilities between Israel and Palestinians,...

Updated 08 Oct, 2023 10:27pm

Scores dead in Israel and Gaza after Hamas shock attack on Israeli towns

At least 200 Israelis killed, more than 1000 wounded
At least 230 Palestinians killed in Gaza in Israeli airstrikes
Reports of gunbattles in towns in southern Israel

Updated 08 Oct, 2023 09:45am

$250m RISE-II loan: Negotiations with AIIB next week likely

ISLAMABAD: Pakistan and Asian Infrastructure Investment Bank (AIIB) are likely to hold negotiations for $250 million...

Updated 08 Oct, 2023 07:06pm

SBP explains hike in interest rates

ISLAMABAD: There is a critical need to bring inflation down so as to insulate public from the regressive ‘inflation...

Updated 08 Oct, 2023 10:26pm

Pakistan calls for concerted efforts to establish durable global peace, security

ISLAMABAD: Pakistan has called for concerted global efforts for the establishment of durable and equitable...

Updated 08 Oct, 2023 05:35pm

China forex reserves fall to $3.115trn in September

SHANGHAI: China’s foreign exchange reserves fell more than expected in September, official data showed on ...

Published 08 Oct, 2023 03:12am

Smuggling of beggars

EDITORIAL: They have been bringing shame and humiliation on the country. In a recent briefing to a Senate standing...

Published 08 Oct, 2023 03:12am

Pharma sector problems

EDITORIAL: Authorities have been ignoring the pharmaceutical sector’s pleas for a price deregulation policy even ...

Published 08 Oct, 2023 03:12am

Companies

Al Meezan wins ‘Best Asset Management Company Award’

KARACHI: Al Meezan Investment Management Limited, Pakistan’s Largest Asset Management Company, wins the ...

Published 08 Oct, 2023 03:12am

Industry

PCMEA, TDAP hold 39th Pakistan Int’l Carpet Exhibition

LAHORE: The 39th Pakistan International Carpet Exhibition, organized by the Pakistan Carpet Manufacturers and...

Published 08 Oct, 2023 03:12am

HBL microfinance bank wins Best MfB award

Money & Banking

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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