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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

‘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

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

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

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

Prices of kitchen items show rising trend

ISLAMABAD: Despite reduction in petrol and high-speed diesel oil rates, the prices of essential kitchen items have...

Published 08 Oct, 2023 03:12am

Money & Banking

HBL microfinance bank wins Best MfB award

KARACHI: HBL Microfinance Bank (HBL MfB) continues to lead the microfinance industry by securing its second...

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

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

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

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

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

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

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

$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

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

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

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

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

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 6	281.43
USD PKR Interbank Buying / May 6	281.23
USD to Japanese Yen / May 6	143.80
USD to Swiss Franc / May 6	0.82
Pound Sterling to USD / May 6	1.33
Euro to USD / May 6	1.13
UK LIBOR % / May 2	4.96

Stock	Volume
S&P 500 / May 5	5,650.38
Tokyo Nikkei / May 5	36,830.69
Nasdaq / May 5	17,844.24
Dow Jones / May 5	41,218.83
India Sensex / May 6	80,548.72
Hang Seng / May 6	22,677.57
FTSE 100 / May 6	8,609.62
Germany DAX 30 / May 6	23,276.83
France CAC40 / May 6	7,711.31

Item	Value
Karachi Cotton PKR/37.32 KG / May 5	16,985
Gold 10 Grams PKR / May 5	300,068
Petrol/Litre / May 6	252.63
Crude Oil USD/Barrel / May 6	57.98
Gold Spot USD/Ounce / May 6	3,361.22
Diesel/Litre / May 6	256.64
Cotton US¢/pound / May 6	68.15

Gainers
Losers
Leaders

Stock	Price
Invest Bank / May 6 Invest Capital Investment Bank Limited(ICIBL)	1.50 ▲ 0.2 (15.38%)
First Fid. Leasing / May 6 First Fidelity Leasing Modaraba(FFLM)	2.34 ▲ 0.3 (14.71%)
UDL International / May 6 UDL International Limited(UDLI)	7.95 ▲ 0.95 (13.57%)
Aruj Industries / May 6 Aruj Industries Limited(ARUJ)	8.76 ▲ 0.98 (12.6%)
Pak Gen.Ins. / May 6 The Pakistan General Insurance Co. Ltd.(PKGI)	9.86 ▲ 1 (11.29%)
Dewan Mushtaq / May 6 Dewan Mushtaq Textile Mills Limited(DMTM)	9.96 ▲ 1 (11.16%)
Dewan Textile / May 6 Dewan Textile Mills Limited(DWTM)	6.42 ▲ 0.62 (10.69%)
First Elite Cap.Mod / May 6 First Elite Capital Modaraba(FECM)	16.89 ▲ 1.54 (10.03%)
Power Cem(Pref) / May 6 Power Cement (Pref)(POWERPS)	16.80 ▲ 1.53 (10.02%)
Olympia Mills / May 6 Olympia Mills Limited(OML)	36.28 ▲ 3.3 (10.01%)

Stock	Price
Reliance Ins. / May 6 Reliance Insurance Company Limited(RICL)	10.49 ▼ -6.31 (-37.56%)
First AL-Noor Mod. / May 6 First Al-Noor Modaraba(FANM)	2.75 ▼ -0.34 (-11%)
At-Tahur Ltd. / May 6 At-Tahur Limited(PREMA)	58.40 ▼ -6.49 (-10%)
Bunnys Limited / May 6 Bunnys Limited(BNL)	28.04 ▼ -3.11 (-9.98%)
Sui South Gas / May 6 Sui Southern Gas Company Limited(SSGC)	36.08 ▼ -3.95 (-9.87%)
Trust Sec.& Brok. / May 6 Trust Securities & Brokerage Limited(TSBL)	11.60 ▼ -1.27 (-9.87%)
Diamond Ind. / May 6 Diamond Industries Limited(DIIL)	21.79 ▼ -2.12 (-8.87%)
Paramount Mod / May 6 First Paramount Modaraba(FPRM)	7.59 ▼ -0.66 (-8%)
Tri-Star Mutual / May 6 Tri-Star Mutual Fund Limited(TSMF)	8.26 ▼ -0.71 (-7.92%)
Leather Up Ltd. / May 6 Leather Up Limited(LEUL)	28.31 ▼ -2.39 (-7.79%)

Stock	Volume
Sui South Gas / May 6 Sui Southern Gas Company Limited(SSGC)	54,325,421 ▼ -3.95
K-Electric Ltd. / May 6 K-Electric Limited(KEL)	42,259,616 ▲ 0.22
Dewan Cement / May 6 Dewan Cement Limited(DCL)	26,185,745 ▼ -0.29
Kohinoor Spining / May 6 Kohinoor Spinning Mills Limited(KOSM)	17,455,731 ▲ 0.35
At-Tahur Ltd. / May 6 At-Tahur Limited(PREMA)	16,513,681 ▼ -6.49
Maple Leaf Cement / May 6 Maple Leaf Cement Factory Limited(MLCF)	15,288,695 ▼ -1.4
D.G.K.Cement / May 6 D.G. Khan Cement Company Limited(DGKC)	11,352,512 ▼ -2.72
WorldCall Telecom / May 6 Worldcall Telecom Limited(WTL)	10,597,193 ▼ -0.01
Power Cement / May 6 Power Cement Limited(POWER)	8,852,134 ▼ -0.51
Pak Refinery / May 6 Pakistan Refinery Limited(PRL)	8,766,270 ▼ -0.03

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