News Archives for Print - 2023-10-28

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Print - 2023-10-28

UN overwhelmingly calls for ‘humanitarian truce’ in Gaza

UNITED NATIONS: The United Nations General Assembly on Friday overwhelmingly called for an immediate humanitarian...

Published 28 Oct, 2023 05:58am

The Weather

KARACHI: The weather report on Friday (October 27, 2023) and the forecast for Saturday (October 28, 2023)...

Published 28 Oct, 2023 05:58am

IPP to hold its first-ever public meeting today

LAHORE: The Istehkam-e-Pakistan Party (IPP) is going to arrange a public meeting in Jehanian Stadium Khanewal on...

Published 28 Oct, 2023 05:58am

Complaints filed by lawyer: SJC issues show-cause notice to Justice Naqvi

ISLAMABAD: The Supreme Judicial Council (SJC) on Friday issued a show cause notice to Justice Sayyed Mazahar Ali...

Published 28 Oct, 2023 05:58am

Pakistan Cables sets science-based emissions reduction target

KARACHI: Pakistan Cables, the pioneer wires and cable manufacturer in Pakistan, has become the country’s first...

Published 28 Oct, 2023 05:58am

Efforts afoot to launch 5G service in next 8 months: minister

KARACHI: Caretaker Minister for Information Technology and Telecommunications Dr. Umar Saif is confident that 5G...

Published 28 Oct, 2023 05:58am

PTI assails IHC for rejecting IK’s bail plea

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Friday came down hard on the Chief Justice Islamabad High Court (IHC)...

Published 28 Oct, 2023 05:58am

Bilawal, Zardari saddened over Li’s demise

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto-Zardari and PPP Co-Chairman Asif Ali Zardari...

Published 28 Oct, 2023 05:58am

Court adjourns cipher case till 31st

ISLAMABAD: The special court on Friday adjourned the hearing of the cipher case against Pakistan Tehreek-e-Insaf...

Published 28 Oct, 2023 05:58am

Cypher case: Court allows Rawalpindi police to conduct probe from IK, Qureshi

ISLAMABAD: The special court hearing the cypher case against Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan and...

Published 28 Oct, 2023 05:58am

Deporting 1.3m illegal immigrants: Decision to be implemented: Minister

QUETTA: Balochistan Minister for Information Jan Achakzai on Friday said that the state would implement its decision...

Published 28 Oct, 2023 05:58am

Election duties: ECP grants exemption to FBR officers

ISLAMABAD: The Election Commission of Pakistan (ECP) has granted an exemption to the officers of the Federal Board ...

Published 28 Oct, 2023 05:58am

DG Federal Govt Employees Housing Authority holds meeting

ISLAMABAD: Captain Zafar Iqbal (retd), the newly posted Director General Federal Government Employees Housing...

Published 28 Oct, 2023 05:58am

Qatar open to reconsidering Hamas presence in Qatar: US

WASHINGTON: Qatar told the US it was open to reconsidering the presence of Hamas in Qatar once a crisis is resolved...

Published 28 Oct, 2023 05:58am

Li Keqiang dies at 68

BEIJING: Former Chinese premier Li Keqiang, a reform-minded bureaucrat once tipped as the country’s future leader...

Published 28 Oct, 2023 05:58am

Europe

FATF adds Bulgaria to ‘grey list’

PARIS: The Financial Action Task Force (FATF) international crime watchdog said on Friday it has added Bulgaria to...

Published 28 Oct, 2023 05:58am

GM Chinese Company YALONG visits SU

HYDERABAD: Macklene, the General Manager of YALONG Company for the South Asian Region, visited the Faculty of...

Published 28 Oct, 2023 05:58am

‘Global crises of energy, capital arising due to Hamas-Israel war’

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

Published 28 Oct, 2023 05:58am

FM receives telephone call from UK foreign secy

ISLAMABAD: Caretaker Foreign Minister Jalil Abbas Jilani received a telephone call from the UK Foreign Secretary...

Published 28 Oct, 2023 05:58am

Faizabad ‘dharna’ judgment: Fact-finding committee formed for compliance: Govt informs SC

ISLAMABAD: The federal government informed the apex court that pursuant to its order a fact-finding committee has...

Published 28 Oct, 2023 05:58am

Kashmir Black Day: IIOJK biggest prison in the world: Zardari

ISLAMABAD: Former President of Pakistan and President Pakistan People’s Party Parliamentarians (PPP-P) Asif Ali...

Published 28 Oct, 2023 05:58am

Imran asks PTI leaders to commence election campaign

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has announced to hold conventions all over the country ...

Published 28 Oct, 2023 05:58am

Imran fears for his life

ISLAMABAD: The incarcerated ex-premier and chief of Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Friday expressed...

Published 28 Oct, 2023 05:58am

JUI-F, MQM-P to consider electoral alliance

KARACHI: The Jamiat Ulema-e-Islam Fazl (JUI-F) and Muttahida Qaumi Movement-Pakistan (MQM-P) are expected to mull ...

Published 28 Oct, 2023 05:58am

Anti-power theft campaign: Lesco detects more 265 power pilferers on 49th day

LAHORE: Lahore Electric Supply Company (LESCO) detected a total of 265 connections from where the customers were...

Published 28 Oct, 2023 05:58am

Child-Driven Climate Action Project: LWMC, Pak Mission Society train students in waste management

LAHORE: In a collaborative effort between the Pak Mission Society and the Lahore Waste Management Company (LWMC),...

Published 28 Oct, 2023 05:58am

Industry

Moot discusses relationship between technology, HR

ISLAMABAD: C-level executives from top Pakistani corporations emphasised the dynamic relationship between technology...

Published 28 Oct, 2023 05:58am

Pak-China accords to open new vistas of employment, economic uplift: PM

ISLAMABAD: Caretaker Prime Minister Anwar-ul-Haq Kakar on Friday said the recently signed accords between Pakistan...

Published 28 Oct, 2023 05:58am

PDWP approves two uplift schemes

LAHORE: The Punjab Development Working Party (PDWP) on Friday approved two development schemes of Physical Planning...

Published 28 Oct, 2023 05:58am

Incarcerated PTI leaders: PTI body condemns basic rights violations

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) core committee on Friday strongly condemned the continued violation of...

Published 28 Oct, 2023 05:58am

‘Black Day’: Senate reaffirms strong solidarity with Kashmiris

ISLAMABAD: The Senate reaffirmed Pakistan’s strong solidarity with Kashmiri people in their just struggle for the...

Published 28 Oct, 2023 05:58am

Senate’s HBAC to continue current session till Nov 1

ISLAMABAD: The House Business Advisory Committee (HBAC) of the Senate has decided that the current session will...

Published 28 Oct, 2023 05:58am

Sindh govt approves Rs30m for Katcha operation

KASHMORE: The Sindh government on Friday approved a provision of Rs30 million for Katcha operation against bandits....

Published 28 Oct, 2023 05:58am

TikTok removes 14.1m videos in 3 months in Pakistan

KARACHI: TikTok, the destination for short videos, has released its latest Community Guidelines Enforcement Report...

Published 28 Oct, 2023 05:58am

UAF holds rally to express solidarity with Kashmiris

FAISALABAD: The University of Agriculture Faisalabad took out a rally and held a seminar to mark Black Day against...

Published 28 Oct, 2023 05:58am

Atrocities in IIOJK: World community urged to make India accountable

ISLAMABAD: President Dr Arif Alvi and Caretaker Prime Minister Anwaar-ul-Haq Kakar urged the international community...

Published 28 Oct, 2023 05:58am

Announcements in mosques: illegal foreigners asked to leave country

KARACHI: Deputy Commissioner South Karachi Captain Altaf Hussain Sario (retd) has asked all illegal foreigners...

Published 28 Oct, 2023 05:58am

Pakistan calls for implementing UN resolutions on Kashmir

ISLAMABAD: Pakistan has called upon the international community and the global concerned organisations to act ...

Published 28 Oct, 2023 05:58am

Khaqan barred from leaving country

ISLAMABAD: Former Prime Minister Shahid Khaqan Abbasi on Friday was barred from flying from the Islamabad...

Published 28 Oct, 2023 05:58am

IHC declines bail to Imran in state secret case

ISLAMABAD: The Islamabad High Court (IHC), Friday, turned down Pakistan Tehreek-e-Insaf (PTI) Chairman Imran ...

Published 28 Oct, 2023 05:58am

Governor Sindh meets President

ISLAMABAD: Governor Sindh Muhammad Kamran Khan Tessori, Friday, called on President Dr Arif Alvi, at Aiwan-e-Sadr,...

Published 28 Oct, 2023 05:58am

When the chips are down

When the chips are down, the going gets tough and as a consequence taking hard and strategic decisions becomes...

Published 28 Oct, 2023 05:58am

Missing the monsoon

Has anyone noticed that we the Karachiites missed the monsoon this year? Yes there were few occasions when in...

Published 28 Oct, 2023 05:58am

Letters

The ME cauldron

The statement by Prince Turki al-Faisal is widely regarded as the clearest indicator of Saudi leadership’s...

Published 28 Oct, 2023 05:58am

PARTLY FACETIOUS: The Toshakhana controversy

“The world’s narrative is as divided as…as…as…” “Between The Man Who Must Remain Nameless and Nawaz...

Published 28 Oct, 2023 05:58am

Stocks

Indian shares rebound 1pc, but fail to prevent worst week in a month

BENGALURU: India’s blue-chips bounced back by 1% on Friday, helped by some healthy corporate results and hopes of...

Published 28 Oct, 2023 05:58am

Commodities

Gold prices steady

KARACHI: Gold prices on Friday stood nearly unchanged on the local market, traders said. The prices just inched down...

Published 28 Oct, 2023 05:58am

The game continues

EDITORIAL: Nawaz Sharif’s triumphant return proves not just that fortune is clearly smiling on him once again, but...

Published 28 Oct, 2023 05:58am

Cost of public servants

EDITORIAL: Yet another high-level study has exposed how the government continues to dump trillions of rupees each...

Published 28 Oct, 2023 05:58am

Companies

Q1 IMC PAT soars to Rs3.216bn

KARACHI: The Indus Motor Company (IMC), announced its financial results for the first quarter ended September 30,...

Published 28 Oct, 2023 05:58am

APTMA rejects ‘baseless’ allegations levelled by NTUF

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) strongly rejects the baseless allegations by Labour...

Published 28 Oct, 2023 05:58am

Stocks

Nasdaq jumps over 1pc as Amazon, Intel updates lift megacaps

NEW YORK: The Nasdaq outperformed peers on Friday as robust updates from Amazon.com and Intel lifted beaten-down...

Updated 28 Oct, 2023 06:34am

Stocks

French shares lag European peers on Sanofi’s dour forecast

PARIS: European shares fell to near seven-month lows on Friday and clocked a second week of losses, with France’s...

Published 28 Oct, 2023 05:58am

Stocks

China stocks rise for 4th session amid signs of recovery

SHANGHAI: Chinese stocks advanced for a fourth session on Friday, after data showed profits at industrial firms...

Published 28 Oct, 2023 05:58am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 28 Oct, 2023 05:58am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (October ...

Published 28 Oct, 2023 05:58am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (October 27, 2023). ======================== Open Bid ...

Published 28 Oct, 2023 05:58am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (October 27, 2023)....

Published 28 Oct, 2023 05:58am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (October 27, 2023). ==================================== BR...

Published 28 Oct, 2023 05:58am

High taxes hampering auto industry’s growth: PAAPAM chief

KARACHI: The government’s high auto taxes of 37-43% are severely hampering Pakistan’s auto industry growth. This was...

Updated 28 Oct, 2023 09:47am

RMB clearing operations: milestone achieved

Governor State Bank of Pakistan Jameel Ahmed says role of renminbi is continuously increasing in the global economy and international financial markets

Updated 28 Oct, 2023 04:29pm

Rates

PSX ends on negative note

KARACHI: Pakistan Stock Exchange on Friday remained under pressure and closed on negative note due to selling in...

Published 28 Oct, 2023 05:58am

Dues of AACL: ECC approves Rs8bn financing for PIACL

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved financial support of Rs8 billion to...

Updated 28 Oct, 2023 04:31pm

Use of RMB: Regulatory framework put in place: minister

ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar Friday said the State Bank of Pakistan has already put in...

Updated 28 Oct, 2023 04:31pm

NEECA asks Punjab, KP to establish their EE&C agencies

ISLAMABAD: National Energy Efficiency and Conservation Authority (NEECA) has urged Punjab and Khyber Pakhtunkhwa to...

Updated 28 Oct, 2023 04:31pm

NTMP-1: World Bank not happy with progress

ISLAMABAD: The World Bank (WB) has warned National Transmission and Despatch Company (NTDC) that progress on...

Updated 28 Oct, 2023 04:31pm

US diplomat, Jilani agree on ‘inclusive’ elections: State Dept

WASHINGTON: A senior American diplomat Thursday spoke with Caretaker Foreign Minister Jalil Abbas Jilani to discuss...

Updated 28 Oct, 2023 04:31pm

General election by Jan 28, 2024?

ISLAMABAD: The Election Commission of Pakistan (ECP), which was apparently in a state of decision paralysis with...

Updated 28 Oct, 2023 04:31pm

Ultimate beneficial ownership: Requirements more stringent in income tax law than corporate one: expert

ISLAMABAD: The requirements of ultimate beneficial ownership as laid down in the Income Tax law are more stringent...

Updated 28 Oct, 2023 09:49am

TMA concerned at ‘exorbitant’ hike in gas tariffs

KARACHI: Syed Usman Ali, Senior Vice Chairman of the Towel Manufacturers Association of Pakistan (TMA) has expressed...

Updated 28 Oct, 2023 09:13am

Thar coal: S. African lab results quite encouraging: DG SCA

KARACHI: Thar indigenous coal is viable to be converted into gas, liquid as well as urea, as final report of samples...

Updated 28 Oct, 2023 09:08am

Money & Banking

Asian FX gain on signs of cooling US inflation

BENGALURU: Most emerging Asian currencies and stocks inched higher on Friday, as Treasury yields fell on signs of...

Published 28 Oct, 2023 05:58am

Energy

Emergency EU oil meeting focused on securing diesel supply

BRUSSELS: European Union officials discussed diversifying oil stocks and creating a buffer for diesel and gasoil...

Published 28 Oct, 2023 05:58am

SPI inflation down 0.33pc WoW

ISLAMABAD: The Sensitive Price Index (SPI)-based inflation for the current week, ended 26th October 2023, decreased...

Published 28 Oct, 2023 05:58am

Energy

Oil prices up 3pc

NEW YORK: Oil prices climbed about 3% to a one-week high on Friday on worries that tensions in Israel and Gaza could...

Updated 28 Oct, 2023 06:34am

Money & Banking

Exchange companies: SBP gives NOCs to Allied Bank, MCB Bank

KARACHI: The State Bank of Pakistan (SBP) has issued the no-objection certificate (NOC) to Allied Bank Limited for...

Published 28 Oct, 2023 05:58am

World Bank team meets Secretary Industry, Trade

LAHORE: World Bank delegation on Friday called on Secretary Industry and Trade Ehsan Bhutta at the Tevta ...

Published 28 Oct, 2023 05:58am

SECP initiates consultation on voluntary ESG disclosure guidelines

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued draft guidelines on ESG disclosures...

Published 28 Oct, 2023 05:58am

Money & Banking

BankIslami posts 197pc surge in profit after tax

KARACHI: BankIslami recorded an increase of 197 percent in profit after tax (PAT) for first nine months of this...

Published 28 Oct, 2023 05:58am

PNSC announces financial results for FY22-23

KARACHI: The National Flag Carrier, Pakistan National Shipping Corporation (PNSC), convened its 45th Annual General...

Published 28 Oct, 2023 05:58am

Money & Banking

Dollar edges down as month-end flows weigh

NEW YORK: The dollar eased against a basket of currencies on Friday, pulled-down by month-end rebalancing flows, but...

Published 28 Oct, 2023 05:58am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 15	280.63
USD PKR Interbank Buying / Apr 15	280.43
USD to Japanese Yen / Apr 15	143.15
USD to Swiss Franc / Apr 15	0.81
Pound Sterling to USD / Apr 15	1.32
Euro to USD / Apr 15	1.14
UK LIBOR % / Apr 14	4.96

Stock	Volume
S&P 500 / Apr 14	5,405.97
Nasdaq / Apr 14	16,831.48
Dow Jones / Apr 14	40,524.79
India Sensex / Apr 15	76,780.06
Tokyo Nikkei / Apr 15	34,267.54
Hang Seng / Apr 15	21,470.46
FTSE 100 / Apr 15	8,209.09
Germany DAX 30 / Apr 15	21,175.70
France CAC40 / Apr 15	7,263.20

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 14	16,785
Gold 10 Grams PKR / Apr 14	290,466
Petrol/Litre / Apr 15	254.63
Crude Oil USD/Barrel / Apr 15	61.77
Gold Spot USD/Ounce / Apr 15	3,224.76
Diesel/Litre / Apr 15	258.64
Cotton US¢/pound / Apr 15	65.75

Gainers
Losers
Leaders

Stock	Price
Gulshan Sp. / Apr 15 Gulshan Spinning Mills Limited(GSPM)	3.69 ▲ 0.52 (16.4%)
Tariq Corp.Pref. / Apr 15 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.29 ▲ 0.79 (10.53%)
First Capital Equities / Apr 15 First Capital Equities Limited(FCEL)	4.97 ▲ 0.47 (10.44%)
Tariq Corporation / Apr 15 Tariq Corporation Limited(TCORP)	16.16 ▲ 1.47 (10.01%)
Sanghar Sugar / Apr 15 Sanghar Sugar Mills Limited(SANSM)	55.51 ▲ 5.05 (10.01%)
Redco Textile / Apr 15 Redco Textiles Limited(REDCO)	25.27 ▲ 2.3 (10.01%)
Gammon Pak / Apr 15 Gammon Pakistan Limited(GAMON)	25.60 ▲ 2.33 (10.01%)
Nimir Resins / Apr 15 Nimir Resins Limited(NRSL)	35.08 ▲ 3.19 (10%)
National Silk / Apr 15 The National Silk & Rayon Mills Limited(NSRM)	35.20 ▲ 3.2 (10%)
Chakwal Spinning / Apr 15 Chakwal Spinning Mills Limited(CWSM)	47.87 ▲ 4.35 (10%)

Stock	Price
Aisha Steel(ConPS) / Apr 15 Aisha Steel(ConPS)(ASLPS)	15.11 ▼ -1.51 (-9.09%)
First Tri-Star Mod. / Apr 15 First Tri-Star Modaraba(FTSM)	12.03 ▼ -1.04 (-7.96%)
Ruby Textile / Apr 15 Ruby Textile Mills Limited(RUBY)	7.20 ▼ -0.57 (-7.34%)
Philip Morris Pak. / Apr 15 Philip Morris (Pakistan) Limited(PMPK)	1,171.11 ▼ -90.37 (-7.16%)
B.R.R. Guardian / Apr 15 B.R.R. Guardian Limited(BRRG)	21.03 ▼ -1.44 (-6.41%)
D.M. Textile / Apr 15 D.M. Textile Mills Limited(DMTX)	49.70 ▼ -3.34 (-6.3%)
Blessed Tex. / Apr 15 Blessed Textiles Limited(BTL)	267.02 ▼ -15.81 (-5.59%)
LSE Capital / Apr 15 LSE Capital Limited(LSECL)	5.20 ▼ -0.3 (-5.45%)
Pak Gen.Ins. / Apr 15 The Pakistan General Insurance Co. Ltd.(PKGI)	8.60 ▼ -0.49 (-5.39%)
Stylers International / Apr 15 Stylers International Limited(STYLERS)	39.78 ▼ -2.22 (-5.29%)

Stock	Volume
Cnergyico PK / Apr 15 Cnergyico PK Limited(CNERGY)	55,091,076 ▼ -0.04
Pak Int.Bulk / Apr 15 Pakistan International Bulk Terminal(PIBTL)	45,232,730 ▼ -0.21
Sui South Gas / Apr 15 Sui Southern Gas Company Limited(SSGC)	31,842,819 ▼ -0.01
B.O.Punjab / Apr 15 The Bank of Punjab(BOP)	27,341,890 ▼ -0.17
TRG Pak Ltd / Apr 15 TRG Pakistan Limited(TRG)	18,848,716 ▲ 4.66
Dewan Cement / Apr 15 Dewan Cement Limited(DCL)	18,324,094 ▲ 0.3
Pak Elektron / Apr 15 Pak Elektron Limited(PAEL)	17,487,097 ▲ 0
Engro Powergen / Apr 15 Engro Powergen Qadirpur Limited(EPQL)	14,606,156 ▲ 0.78
K-Electric Ltd. / Apr 15 K-Electric Limited(KEL)	13,886,346 ▲ 0.01
WorldCall Telecom / Apr 15 Worldcall Telecom Limited(WTL)	13,751,334 ▲ 0.02

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