News Archives for Print - 2023-11-03

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Print - 2023-11-03

Steps being taken to deal with challenges of street crime, ‘dacoit culture’: CM

KARACHI: Caretaker Sindh Chief Minister Justice Maqbool Baqar (Retd) Thursday said the government was putting all ...

Published 03 Nov, 2023 07:03am

Convocation of COMSATS University held: President speaks about profundity of computer science

ISLAMABAD: President Dr Arif Alvi said that artificial intelligence or computer science was the second leg of every...

Published 03 Nov, 2023 07:01am

Climate change: Minister for collective revolutionary steps

ISLAMABAD: “Pakistan is one of the most-affected countries by climate change although it has a very small role in...

Published 03 Nov, 2023 07:00am

Oxford-LUMS & Punjab police collaborate to empower women rickshaw drivers

LAHORE: LUMS and City Traffic Police Lahore partnered to provide Rickshaw driving training to females for the...

Published 03 Nov, 2023 06:58am

IPP’s workers convention today

LAHORE: Istehkam-e-Pakistan Party (IPP) will hold its 2nd workers convention at Hafizabad on Friday (today). The...

Published 03 Nov, 2023 06:54am

Punjab CM says students must not be engaged in cleaning school premises

LAHORE: The caretaker Chief Minister Punjab Mohsin Naqvi has prohibited students from undertaking the responsibility...

Published 03 Nov, 2023 06:49am

Punjab’s first paraplegic centre opens in Lahore

LAHORE: Punjab’s first paraplegic centre for the rehabilitation of patients paralyzed due to spinal cord injury ...

Published 03 Nov, 2023 06:47am

Wapda chairman visits Warsak Dam

LAHORE: Chairman Wapda Engr Lt Gen Sajjad Ghani (retd) visited Warsak Dam located on River Kabul, 30 km from ...

Published 03 Nov, 2023 06:46am

World Bank delegation meets BISP chairman: Increase in amount of stipend under Kifaalat initiative proposed

ISLAMABAD: Chairperson Benazir Income Support Programme (BISP) Dr Amjad Saqib has proposed an increase in the amount...

Published 03 Nov, 2023 06:42am

IK’s intra-court appeal: IHC issues notices to federation, others

ISLAMABAD: The Islamabad High Court (IHC) issued notices to the Federation, Ministry of Law, and the Federal...

Published 03 Nov, 2023 06:37am

Zardari, other Park Lane case accused summoned by AC

ISLAMABAD: An Accountability Court (AC), on Thursday, summoned former president Asif Ali Zardari and other accused ...

Published 03 Nov, 2023 06:35am

Banking fraud accused to be extradited to Kuwait

ISLAMABAD: The government has decided to extradite a Pakistani citizen to Kuwait, involved in banking fraud,...

Updated 03 Nov, 2023 10:40pm

‘There’s no indication that IK is being subjected to slow poisoning’

ISLAMABAD: Days after reports surfaced that incarcerated former prime minister Imran Khan is under slow-poisoning...

Published 03 Nov, 2023 06:19am

Jail authorities allowed to shift Qureshi to hospital

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

Published 03 Nov, 2023 06:19am

Saeed Ahmad joins CCP as fourth member

ISLAMABAD: Saeed Ahmad Nawaz has joined the Competition Commission of Pakistan (CCP) as its fourth Member. He brings...

Published 03 Nov, 2023 06:11am

NICVD, ChildLife sign MoU to treat children through tele-medicine

KARACHI: National Institute of Cardiovascular Disease (NICVD) and ChildLife Foundation have signed one MoU to...

Published 03 Nov, 2023 06:11am

Iqbal Day celebrations: Naya Nazimabad Gymkhana organising football tournament

KARACHI: Naya Nazimabad Gymkhana is organizing a football tournament to celebrate Iqbal Day 2023, featuring eight...

Published 03 Nov, 2023 06:11am

LDA demolishes several illegal structures

LAHORE: In an operation against illegal construction, the Lahore Development Authority (LDA) demolished and sealed...

Published 03 Nov, 2023 06:11am

‘Cycling to be promoted to control smog’

LAHORE: Commissioner Lahore Muhammad Ali Randhawa said that with the cooperation of Punjab Food Authority and big...

Published 03 Nov, 2023 06:11am

Fazl vows to resist election theft

KARACHI: JUI-F chief Maulana Fazal-Ur-Rehman on Thursday warned against "stealing" of election, saying that "we are...

Published 03 Nov, 2023 06:11am

Bilawal congratulates PBA office-bearers

ISLAMABAD: Chairman Pakistan People's Party (PPP) Bilawal Bhutto-Zardari has extended congratulations to all...

Published 03 Nov, 2023 06:11am

Bilateral exercise with Qatar Navy special forces concludes

KARACHI: The 6th edition of bilateral exercise MUHARIB-AL-BAHR between Pakistan Navy Special Service Group (SSG(N))...

Published 03 Nov, 2023 06:11am

AKU’s 40th multimedia exhibition opens

KARACHI: A multimedia exhibition that brings to life the 40-year history of the Aga Khan University opened to the...

Published 03 Nov, 2023 06:11am

Abid Boxer granted post-arrest bail

LAHORE: An Anti-Terrorism Court (ATC) on Thursday granted post-arrest bail to former police inspector Abid Hussain...

Published 03 Nov, 2023 06:11am

Postage stamp launched: 75th anniversary of Pak-Netherlands ties

ISLAMABAD: Foreign Secretary Muhammad Syrus Sajjad Qazi and Ambassador of the Netherlands to Pakistan Henry de ...

Published 03 Nov, 2023 06:11am

PCB inks MoU with DHA on facilitation of women’s cricket

LAHORE: The Pakistan Cricket Board (PCB) has signed a Memorandum of Understanding (MoU) for a 10-year with the...

Published 03 Nov, 2023 06:11am

FBR nominates team to assist ECP

ISLAMABAD: The Federal Board of Revenue (FBR) has nominated a team of tax officials, who would assist the Election...

Published 03 Nov, 2023 06:11am

OUP enters strategic partnership with Nutshell Communications

KARACHI: Oxford University Press (OUP), a global leader in publishing, formally announced a strategic partnership...

Published 03 Nov, 2023 06:11am

Asia

Japan PM unveils $113bn stimulus as poll numbers slump

TOKYO: Japanese Prime Minister Fumio Kishida announced a stimulus package worth more than $100 billion on Thursday ...

Published 03 Nov, 2023 06:11am

UN sounds warning on climate change health threat

GENEVA: Climate change poses a health threat through increasing weather disasters and extreme heat, the UN said...

Published 03 Nov, 2023 06:11am

Middle East

Bahrain halts trade ties with Israel, envoys return

MANAMA: Bahrain’s lower house of parliament announced Thursday the halting of economic ties with Israel and the...

Published 03 Nov, 2023 06:11am

Saudi Arabia to launch fundraising campaign for war-torn Gaza

RIYADH: Saudi Arabia said Thursday it was launching a fundraising campaign for war-torn Gaza, creating a rare ...

Published 03 Nov, 2023 06:11am

Middle East

Hundreds more foreign nationals flee Gaza as bombing toll mounts

RAFAH (Palestinian Territories): Hundreds more foreigners and dual nationals fled war-torn Gaza for Egypt Thursday ...

Published 03 Nov, 2023 06:11am

Middle East

27 killed in Israel strike near UN school in Gaza

GAZA STRIP: The health ministry in Hamas-run Gaza said Thursday at least 27 people were killed in an Israeli strike...

Published 03 Nov, 2023 06:11am

South Asia

Violent BD garment protests shut hundreds of factories

DHAKA: Hundreds of garment factories in Bangladesh have shuttered as thousands of workers staged violent protests to...

Published 03 Nov, 2023 06:11am

UN chief leads calls for ‘united’ response to AI threats

BLETCHLEY PARK (United Kingdom): UN Secretary-General Antonio Guterres called Thursday for a “united, sustained,...

Published 03 Nov, 2023 06:11am

Europe

Putin revokes Russia’s ratification of nuclear test ban treaty

MOSCOW: Russian President Vladimir Putin on Thursday signed a law revoking Russia’s ratification of the...

Published 03 Nov, 2023 06:11am

Azerbaijan Airlines’ inaugural flight to Islamabad arrives

KARACHI: Azerbaijan Airlines inaugural flight to Islamabad arrived at Islamabad International Airport in the early...

Published 03 Nov, 2023 06:11am

NOCs for all bachat bazaars in Karachi suspended

KARACHI: The district East administration on Thursday banned all bachat bazaars in Karachi district from immediate...

Published 03 Nov, 2023 06:11am

Information Ministry: Ex-secretaries urge ECP to decline request for transfers

ISLAMABAD: In a meeting held here, Thursday, former federal secretaries for Information and Broadcasting, expressed...

Published 03 Nov, 2023 06:11am

Security plan for sensitive polling stations: Sindh departments issued directives

KARACHI: Sindh Election Commissioner Ejaz Anwar Chohan has asked the departments concerned to ensure security plan,...

Published 03 Nov, 2023 06:11am

The Weather

KARACHI: The weather report on Thursday (November 02, 2023) and the forecast for Friday (November 03, 2023)...

Published 03 Nov, 2023 06:11am

Rates

Bull run continues

KARACHI: A bullish trend continued on Pakistan Stock Exchange on Thursday and despite mid-session pressure, the...

Published 03 Nov, 2023 06:11am

Repatriation process to continue: FO

ISLAMABAD: The Foreign Office said on Thursday that the process of repatriation of illegal foreign nationals will...

Published 03 Nov, 2023 06:11am

Over 165,000 Afghans leave country

TORKHAM: More than 165,000 Afghans have fled Pakistan in the month since its government ordered 1.7 million people ...

Published 03 Nov, 2023 06:11am

Collection, utilisation of Islamic donations: Charitable bodies/ NPAs asked to obtain ‘Fatwa’

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has directed the charitable/non-profit...

Published 03 Nov, 2023 06:11am

Students ordered to wear masks in smog-hit Lahore

LAHORE: Authorities ordered school children in the smog-smothered city of Lahore to wear masks during lessons...

Published 03 Nov, 2023 06:11am

Govt to make payment of ad dues, PM tells PBA

ISLAMABAD: Caretaker Prime Minister Anwaar ul Haq Kakar says protecting the rights of media representatives is...

Published 03 Nov, 2023 06:11am

Flood affectees: UN WFP, Ministry join hands

ISLAMABAD: The United Nation’s World Food Programme and Ministry of Planning, Development and Special Initiatives...

Published 03 Nov, 2023 06:11am

Grains

Pakistan fourth leading rice exporting country of world

LAHORE: Punjab Minister for Agriculture S. M. Tanveer said on Thursday that the Pakistan is the fourth leading rice...

Published 03 Nov, 2023 06:11am

PARTLY FACETIOUS: Politics plus self-interest plus

“I simply cannot understand what happens to basic human nature once politics enters into the equation.”...

Published 03 Nov, 2023 06:11am

Grains

Massive project launched to increase wheat production, minister told

ISLAMABAD: Aimed to increase the productivity of wheat and reduce the productivity gap, the government had launched ...

Published 03 Nov, 2023 06:11am

Rising global economic uncertainties

‘Businesses, governments, and investors were already navigating a foggy global landscape before the tragic events...

Updated 03 Nov, 2023 07:13am

FATF strategic initiatives & Pakistan

The fourth, three-day plenary session of the Financial Action Task Force (FATF) concluded on October 27, 2023, with...

Updated 03 Nov, 2023 07:12am

Letters

President Biden must revisit his approach to ME conflict

Muslim Americans deserve a lot of praise for playing a prominent role in relation to the efforts aimed at reining in...

Published 03 Nov, 2023 06:11am

USD to PKR forecast for 2024 — III

In the earlier article on this subject, this writer discussed the projections for PkR exchange rate for 2024. In the...

Updated 03 Nov, 2023 07:17am

Stocks

Wall St rallies over 1pc on bets of peak US interest rates

NEW YORK: Wall Street’s main stock indexes rallied on Thursday on hopes that the US Federal Reserve had reached ...

Published 03 Nov, 2023 06:11am

Stocks

Real estate, tech drive European shares higher

PARIS: European shares climbed over 1 percent on Thursday, led by rate-sensitive real estate and technology stocks,...

Published 03 Nov, 2023 06:11am

Stocks

China stocks end lower; HK track global peers higher

SHANGHAI: China stocks closed lower on Thursday, hurt by concerns around economic recovery, while Hong Kong shares...

Published 03 Nov, 2023 06:11am

Stocks

Indian shares join global rally on bets of end to Fed rate hikes

BENGALURU: Indian shares advanced on Thursday, in tandem with global stocks, after the US Federal Reserve’s less...

Published 03 Nov, 2023 06:11am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 156,655 tonnes of cargo comprising 83,934 tonnes of import cargo and 72,721...

Published 03 Nov, 2023 06:11am

Grains

Asia rice: Surplus supply, dwindling demand push India’s prices lower

BENGALURU/MUMBAI/HANOI: Parboiled rice export prices in top hub India recorded a fifth consecutive week of declines...

Published 03 Nov, 2023 06:11am

Rates

LME official prices

LONDON: The following were Wednesday official prices. ========================================= ALUMINIUM...

Published 03 Nov, 2023 06:11am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (November 02, 2023). ========================== KIBOR...

Published 03 Nov, 2023 06:11am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (November 02, 2023)....

Published 03 Nov, 2023 06:11am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (November 02, 2023)....

Published 03 Nov, 2023 06:11am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (November 02, 2023)...

Published 03 Nov, 2023 06:11am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (November 02, 2023). ======================================= ...

Published 03 Nov, 2023 06:11am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (November 02, 2023). ==================================== ...

Published 03 Nov, 2023 06:11am

‘Further sales tax’ and ‘extra sales tax’: conflicting FBR accounts cause a great deal of confusion

ISLAMABAD: The conflicting legal clarifications of the Federal Board of Revenue (FBR) on the chargeability of extra...

Updated 03 Nov, 2023 10:11am

Illegal migrants: Blome agrees to Pakistan’s stance in meeting with Dar

ISLAMABAD: United States Ambassador to Pakistan, Donald Blome has agreed that Pakistan, being a sovereign country,...

Updated 03 Nov, 2023 08:57am

Senate extends NAB Ordinance 2023 for 120 days

ISLAMABAD: Amidst opposition, the caretaker federal government on Thursday laid the National Accountability...

Updated 03 Nov, 2023 08:56am

Power distribution: Nepra hints at approving licence to Bahria Town

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Thursday hinted at approving power...

Updated 03 Nov, 2023 09:37am

Energy

OGDCL, MoE organise conference

ISLAMABAD: The OGDCL and Ministry of Energy (Petroleum Division) organised a day-long conference and consultative...

Published 03 Nov, 2023 06:11am

Commodities

Gold prices up sharply

KARACHI: Gold prices on Thursday gained a sizeable value on the local market, traders said. The precious metals grew...

Published 03 Nov, 2023 06:11am

Energy

POL products’ sale up 19pc MoM

KARACHI: The sales of petroleum products in the country increased by 19 percent on month-on-month basis to 1.3...

Published 03 Nov, 2023 06:11am

Energy

US natgas prices slide on record output

NEW YORK: US natural gas futures slid about 2% on Wednesday on record output and forecasts for milder weather as ...

Published 03 Nov, 2023 06:11am

Commodities

Iron ore extends gains

BEIJING: Iron ore extended gains for a second consecutive session on Thursday on persistent support from...

Published 03 Nov, 2023 06:11am

Commodities

Gold holds steady as traders eye jobs

BENGALURU: Gold prices held steady on Thursday, buoyed by retreating US dollar and Treasury yields on raised bets...

Published 03 Nov, 2023 06:11am

Commodities

Malaysian palm oil jumps on strong export data

SINGAPORE: Malaysian palm oil futures posted their sharpest increase in three weeks on Thursday, buoyed by strong...

Published 03 Nov, 2023 06:11am

Commodities

Japanese rubber futures rise on soft yen

SINGAPORE: Japanese rubber futures rose on Thursday, buoyed by a soft yen and rising crude oil prices, although...

Published 03 Nov, 2023 06:11am

Commodities

Copper higher on hopes of peak Fed rates, weak dollar

LONDON: Copper prices edged higher on Thursday on hopes that the US Federal Reserve have stopped hiking rates, which...

Published 03 Nov, 2023 06:11am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday (November 02, 2023)...

Published 03 Nov, 2023 06:11am

Cotton & Textile

Modest trading activity on cotton market

LAHORE: The local cotton market on Thursday remained steady and the trading volume remained low. Cotton Analyst...

Published 03 Nov, 2023 06:11am

Commodities

Indonesia to continue palm oil domestic market obligation policy

NUSA DUA, (Indonesia): Indonesia will continue its domestic market obligation (DMO) for palm oil into 2024 to...

Published 03 Nov, 2023 06:11am

Energy

Oil prices rise after Fed, BoE keep rates unchanged

BENGALURU: Oil prices gained more than $2 a barrel on Thursday and were set to break a three-day declining streak as...

Published 03 Nov, 2023 06:11am

Commodities

PMEX daily trading report

KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 24.603...

Published 03 Nov, 2023 06:11am

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 03 Nov, 2023 06:11am

Forex

Open market rates of foreign currencies

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

Published 03 Nov, 2023 06:11am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (November 02, 2023). ======================== Open ...

Published 03 Nov, 2023 06:11am

IMF knows full well SOEs govt’s Achilles heel

Shamshad Akhtar shares progress on the Standby Arrangement and briefs IMF on fiscal measures being taken by the government to improve economic situation

Updated 03 Nov, 2023 10:13am

Non-filers, documentation of economy: FBR shares strategy with Shamshad

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	155.74
USD to Swiss Franc / Jan 17	0.91
Pound Sterling to USD / Jan 17	1.22

Stock	Volume
S&P 500 / Jan 16	5,937.34
Nasdaq / Jan 16	19,338.29
Dow Jones / Jan 16	43,153.13
India Sensex / Jan 17	76,671.81
Tokyo Nikkei / Jan 17	38,451.46
Hang Seng / Jan 17	19,567.81
FTSE 100 / Jan 17	8,477.94
Germany DAX 30 / Jan 17	20,852.83

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 16	18,785
Gold 10 Grams PKR / Jan 16	241,941
Crude Oil USD/Barrel / Jan 17	79.09
Gold Spot USD/Ounce / Jan 17	2,713.02
Cotton US¢/pound / Jan 17	67.05
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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