News Archives for Print - 2023-12-16

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Print - 2023-12-16

Attacks from Houthis hit two ships

DUBAI/LONDON: Attacks from Houthi-controlled Yemen struck two Liberian-flagged ships in the Bab al-Mandab Strait on...

Published 16 Dec, 2023 05:49am

Hungary blocks aid for Ukraine

BRUSSELS: Hungarian Prime Minister Viktor Orban vetoed a big European Union aid package for Kyiv on Friday, and said...

Published 16 Dec, 2023 05:49am

London court rules: Prince Harry was phone-hacking victim and editors knew

LONDON: Prince Harry scored the biggest win yet in his legal war against British tabloids on Friday when London’s...

Published 16 Dec, 2023 05:49am

Public sector hospitals: Punjab govt ensures proper hygiene

LAHORE: The Punjab government has taken steps to ensure proper hygiene in public sector hospitals. In this regard,...

Published 16 Dec, 2023 05:49am

PTI demands election schedule

ISLAMABAD: The core committee of Pakistan Tehreek-e-Insaf (PTI) on Friday demanded Election Commission of Pakistan...

Published 16 Dec, 2023 05:49am

President's Trophy set to begin today

LAHORE: President’s Trophy making the return of departmental cricket in the domestic structure, is set to begin...

Published 16 Dec, 2023 05:49am

PDWP approves three development schemes

LAHORE: The Punjab Development Working Party (PDWP) approved three development schemes of construction of roads and...

Published 16 Dec, 2023 05:49am

Counterterrorism: Pak-UK dialogue begins

ISLAMABAD: The inaugural session of Pakistan-UK Counter-Terrorism dialogue was held in Islamabad in which the two...

Published 16 Dec, 2023 05:49am

Hearing of fraud case against Fawad Chaudhry till 18th

ISLAMABAD: A local court, on Friday, adjourned the hearing of a fraud case against former federal minister Fawad...

Published 16 Dec, 2023 05:49am

The Weather

KARACHI: The weather report on Friday (December 15, 2023) and the forecast for Saturday (December 16, 2023)...

Published 16 Dec, 2023 05:49am

Dagha launches ‘E-Services Sindh’ app

KARACHI: Caretaker Minister for Revenue, Industries and Commerce Mohammad Younus Dagha has launched digitisation and...

Published 16 Dec, 2023 05:49am

PM assails Indian SC’s verdict on BJP govt’s Aug 5 2019 actions

MUZAFFARABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Friday, calling the recent verdict of the Indian...

Published 16 Dec, 2023 05:49am

Court summons IK in illegal Nikkah case on 18th

ISLAMABAD: A local court has summoned Pakistan Tehreek-e-Insaf (PTI) founder and former prime minister Imran Khan in...

Published 16 Dec, 2023 05:49am

LHC issues notices to ECP on IK’s pleas

LAHORE: A full bench of the Lahore High Court on Friday issued notices to Election Commission of Pakistan (ECP) on...

Published 16 Dec, 2023 05:49am

Senate panel for improving nursing education standards

ISLAMABAD: A parliamentary panel has asked the Ministry of National Health Services and Regulations to enhance the...

Published 16 Dec, 2023 05:49am

ECP urged to check manipulation of digital spaces

ISLAMABAD: Pakistan People’s Party (PPP) human rights cell president former senator Farhatullah Babar said that ...

Published 16 Dec, 2023 05:49am

PTI distances itself from protest in US

ISLAMABAD: A visibly panicked spokesman for embattled Pakistan Tehreek-e-Insaf (PTI) Raoof Hasan on Friday sprang...

Published 16 Dec, 2023 05:49am

Four cops martyred in two terror attacks

TANK: Four security personnel were martyred and six others injured in two separate terrorist attacks in Tank and...

Published 16 Dec, 2023 05:49am

PBM launches World Bank’s PMTD

ISLAMABAD: Pakistan Bait-ul-Mal (PBM) has launched the World Bank’s Project Management and Tracking Design (PMTD),...

Published 16 Dec, 2023 05:49am

Timely elections: PML-N decides to approach LHC

LAHORE: The Pakistan Muslim League-Nawaz (PML-N) has decided to approach the Lahore High Court (LHC) to ensure the...

Published 16 Dec, 2023 05:49am

TDCP Darshan Resort to be established in Kartarpur soon

LAHORE: The caretaker Punjab Chief Minister while chairing a meeting, here on Friday, accorded approval to establish...

Published 16 Dec, 2023 05:49am

Various universities posts: Governor approves summaries

LAHORE: Punjab Governor Muhammad Balighur Rehman on Friday approved summaries of various universities regarding...

Published 16 Dec, 2023 05:49am

Efforts under way to tackle smog challenge: CM

LAHORE: The caretaker Punjab Chief Minister Mohsin Naqvi has said the government is making all-out efforts to ...

Published 16 Dec, 2023 05:49am

NAVTTC, Daraz sign MoU to impart e-commerce training to youngsters

KARACHI: National Vocational and Technical Training Commission (NAVTTC) on Friday joined hands with Daraz to impart...

Published 16 Dec, 2023 05:49am

Saleem Khan posted as DGPR

KARACHI: Muhammad Saleem Khan, the senior most officer of Information Department has been posted as Director General...

Published 16 Dec, 2023 05:49am

‘Karachi Museum’ to be set up in Denso Hall

KARACHI: Mayor Karachi Barrister Murtaza Wahab has said that Karachi Metropolitan Corporation (KMC) Council has...

Published 16 Dec, 2023 05:49am

Expenditures, receipts: PAOs must ensure reconciliation with AGPR on monthly basis: FD

ISLAMABAD: The Finance Division has directed all principal accounting officers to ensure reconciliation of...

Published 16 Dec, 2023 05:49am

US water experts conclude visit

ISLAMABAD: As part of the Climate and Environment Working Group (CEWG) and the Green Alliance Framework, a ...

Published 16 Dec, 2023 05:49am

UNFPA, STEP, Australian HC celebrates IDPD

ISLAMABAD: United Nations Population Fund (UNFPA) and Special Talent Exchange Programme (STEP) in joint ...

Published 16 Dec, 2023 05:49am

UHS releases first selection list for govt medical colleges

LAHORE: The Provisional Admission Committee (PAC) for public and private sector medical and dental colleges in ...

Published 16 Dec, 2023 05:49am

Table calendar introduced for blind people in KIBF

KARACHI: A table calendar was introduced for the first time in the history of Pakistan for visually impaired people...

Published 16 Dec, 2023 05:49am

SHARP-Pakistan, Australian HC organise policy dialogue

ISLAMABAD: After the launch of Pakistan’s first-ever 24x7 helpline to report Trafficking In Person (TIP crimes)...

Published 16 Dec, 2023 05:49am

SFA team raids oil factory, arrests manager

HYDERABAD: Deputy Director Sindh Food Authority Hyderabad Fida Hussain Khoso along with Assistant Commissioner Ahsan...

Published 16 Dec, 2023 05:49am

Energy sector – ‘a nightmare’

Caretaker Prime Minister Anwaar-ul-Haq Kakar in a statement this week has described the energy sector as “a...

Published 16 Dec, 2023 05:49am

Those were the days

A search to discover the largest film industries in the world turned up rather surprising results. I was under the...

Published 16 Dec, 2023 05:49am

Muzaffarabad is not Gaza, PM tells India

MUZAFFARABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Friday, reiterating Pakistan’s principled position...

Published 16 Dec, 2023 05:49am

IHC directs ECP to notify delimitation of 2 NA seats afresh

ISLAMABAD: The Islamabad High Court (IHC), Friday, directed the Election Commission of Pakistan (ECP) to notify the...

Published 16 Dec, 2023 05:49am

ECP issues schedule for Feb 8 general elections

ISLAMABAD: The air of uncertainty surrounding the fate of general elections in the country finally cleared on Friday...

Published 16 Dec, 2023 05:49am

Bhutto reference: SC issues a written order

ISLAMABAD: The Supreme Court (SC) on Friday issued a written order regarding the hearing on a presidential reference...

Published 16 Dec, 2023 05:49am

Justice Sardar Tariq to take charge of Acting CJP

ISLAMABAD: Chief Justice of Pakistan Qazi Faez Isa will go abroad during the winter holidays from next week, it was...

Published 16 Dec, 2023 05:49am

Federal govt to help AJK complete road network: PM

MUZAFFARABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Friday said the federal government would extend ...

Published 16 Dec, 2023 05:49am

Bugti resigns to contest elections

ISLAMABAD: Caretaker Interior Minister Sarfraz Ahmed Bugti has resigned from the post. Sources said that Bugti has...

Published 16 Dec, 2023 05:49am

PARTLY FACETIOUS: Chips are never down for all in Pakistan

“Imitation is the sincerest form of flattery.” “Who are you referring to? I know for a fact that The Man Who...

Published 16 Dec, 2023 05:49am

Letters

The two-state solution only viable solution

In an important development, Israel’s ambassador to Britain has said that Israel will not accept a two-state...

Published 16 Dec, 2023 05:49am

Stocks

Fed fuels longest weekly winning streak in Indian shares in six years

BENGALURU: India’s benchmark indexes, Nifty and Sensex, posted their longest weekly winning streak in six years on...

Published 16 Dec, 2023 05:49am

21.5pc of total volume: US largest export market for Pakistan: COAS

ISLAMABAD: General Syed Asim Munir, COAS — who is on an official visit to the US — discussed matters of bilateral...

Updated 16 Dec, 2023 05:34pm

Oct LSMI output down 4.08pc YoY

The LSMI quantum index number (QIM) estimated for October 2023 is 111.06

Updated 16 Dec, 2023 05:34pm

Appointment of DROs, ROs: LHC order suspended

ISLAMABAD: The Supreme Court suspended the Lahore High Court (LHC)’s order, which had stayed the notification of the...

Updated 16 Dec, 2023 10:00am

KE and govt entities: ECC approves PD proposal for signing various draft agreements

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has decided to approve the proposal of the Power...

Updated 16 Dec, 2023 09:11am

Hubco asks CPPA-G to pay Rs13.4bn dues

ISLAMABAD: M/s Hub Power Company (Hubo) has demanded Central Power Purchasing Agency –Guaranteed (CPPA-G) to pay Rs...

Updated 16 Dec, 2023 09:14am

Industrial consumers in Sindh: SSGC plans three days a week gas suspension

ISLAMABAD: The Sui Southern Gas Company (SSGC) has planned two to three days industrial closure in Sindh in a week...

Updated 16 Dec, 2023 09:07am

Rates

PSX stays on firm footing

KARACHI: Pakistan Stock Exchange on Friday witnessed a positive trend on the back of renewed buying interest by ...

Published 16 Dec, 2023 05:49am

Justice Siddiqui’s removal case: SC issues notice to Faiz, Ramay, others

ISLAMABAD: The Supreme Court issued notices to ex-DG ISI Faiz Hameed, former chief justice of Islamabad High Court...

Updated 16 Dec, 2023 09:59am

Govt working towards reducing electricity cost: minister

ISLAMABAD: Caretaker Minister for Power and Petroleum Muhammad Ali has said that the government is working on...

Updated 16 Dec, 2023 09:06am

Customs’ values on toffees, candies increased

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

Updated 16 Dec, 2023 09:08am

Iran, Iraq, KSA, UAE: Customs’ values on fresh dates raised

ISLAMABAD: Directorate General of Customs Valuation Karachi has revised upwards customs values on the import of...

Updated 16 Dec, 2023 09:58am

Commodities

USC reduces ghee, cooking oil prices

ISLAMABAD: Utility Store Corporation (USC) has reduced the ghee and cooking oil prices of well-known brands across...

Published 16 Dec, 2023 05:49am

Energy

LEI launches report on energy efficient buildings

KARACHI: The LUMS Energy Institute (LEI), a research and capacity building centre with a focus on Pakistan energy...

Published 16 Dec, 2023 05:49am

Commodities

Gold prices inch up

KARACHI: Gold and silver prices on Friday inched up on the local market, traders said. Gold prices gained Rs 300 to...

Published 16 Dec, 2023 05:49am

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 16 Dec, 2023 05:49am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (December 15, 2023). ========================== KIBOR...

Published 16 Dec, 2023 05:49am

Forex

Open market rates of foreign currencies

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

Published 16 Dec, 2023 05:49am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (December 15, 2023). ======================== Open Bid...

Published 16 Dec, 2023 05:49am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (December 15, 2023)....

Published 16 Dec, 2023 05:49am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (December 15, 2023). ==================================== BR...

Published 16 Dec, 2023 05:49am

Energy

OGDCL spends Rs1.166bn under CSR

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) spent Rs 1.166 billion for the development of local...

Published 16 Dec, 2023 05:49am

Stocks

S&P 500, Dow ease as Fed official’s comments dampen rate-cut cheer

NEW YORK: The S&P 500 and the Dow were subdued in choppy trading on Friday after comments from a policy maker...

Published 16 Dec, 2023 05:49am

Stocks

European shares end fifth week higher on rate-cut optimism

PARIS: European shares inched up on the final day of a week marked by major central bank policy decisions, in which...

Published 16 Dec, 2023 05:49am

Stocks

China stocks drop on report of budget gap of 3pc of GDP

SHANGHAI: China stocks shed early gains to end lower on Friday after sources told Reuters that Beijing will run a...

Published 16 Dec, 2023 05:49am

Despite a 146pc FED hike on cigarettes

EDITORIAL: Going by FBR (Federal Board of Revenue) revenue figures, it has successfully busted the great tobacco...

Published 16 Dec, 2023 05:49am

The last straw

EDITORIAL: Whatever contingency plan Pakistan’s military has prepared for another all-out TTP (Tehreek-e-Taliban)...

Published 16 Dec, 2023 05:49am

Rs2.25trn agri credit target set by central bank

KARACHI: While setting the agriculture credit disbursement target at Rs 2.250 trillion for this fiscal year (FY24),...

Updated 16 Dec, 2023 09:57am

IMF denies it plans to ask Pakistan to raise taxes on salaries

KARACHI: The International Monetary Fund (IMF) resident representative in Pakistan on Friday denied media reports...

Published 16 Dec, 2023 05:49am

Govt slashes petrol price by Rs14, HSD’s by Rs13.50

ISLAMABAD: The caretaker government on Friday announced reduction in ex-depot prices of major petroleum products,...

Published 16 Dec, 2023 05:49am

Industry

USSEC and PPA join forces to strengthen Pakistan’s poultry industry

DUBAI: The US Soybean Export Council (USSEC) and the Pakistan Poultry Association (PPA) signed a memorandum of...

Published 16 Dec, 2023 05:49am

Money & Banking

FBL pioneers Braille inclusive hiring forms for PWDs

KARACHI: Faysal Bank Limited (FBL) and Boltay Huroof marked the International Day of Persons with Disabilities...

Published 16 Dec, 2023 05:49am

Industry

EPCL chief visits FCCI

FAISALABAD: Jahangir Piracha, Chief Executive Officer Engro Polymer & Chemicals Limited (EPCL) visited ...

Published 16 Dec, 2023 05:49am

Industry

ICT industry in Pakistan: Ministry, JICA commencing project to strength business collaboration

ISLAMABAD: The Ministry of Information Technology and Telecommunication (MoITT) and Japan International Cooperation...

Published 16 Dec, 2023 05:49am

HBFC pensioners’ delegation meets minister

ISLAMABAD: A delegation representing the pensioners of House Building Finance Company Limited (HBFC) called on the...

Published 16 Dec, 2023 05:49am

PSF manufacturer fails to secure blanket cover of law

LAHORE: A polyester staple fibre (PSF) manufacturer has failed to secure blanket cover of the law on protection of...

Published 16 Dec, 2023 05:49am

Money & Banking

Credit facilities: BOP signs MoU with SEDF

KARACHI: The Bank of Punjab (BOP) and the Sindh Enterprise Development Fund (SEDF) officially entered into an...

Published 16 Dec, 2023 05:49am

‘Development Fair’ showcases BD’s uplift, its economic ties with Pakistan

KARACHI: Bangladesh Deputy High Commission here arranged a weeklong “Development Fair” from 7-13 December 2023 ...

Published 16 Dec, 2023 05:49am

FFC clinches first position amongst Top 25 listed companies on PSX

KARACHI: FFC has been declared as first for 13th consecutive time amongst the TOP 25 Listed Companies for the Year...

Published 16 Dec, 2023 05:49am

Industry

Simplifying licensing process for brokers: SECP begins public consultation

ISLAMABAD: To facilitate the brokerage industry and improve investor participation in the equity market, the...

Published 16 Dec, 2023 05:49am

Money & Banking

Dollar rebounds as Fed’s Williams talks down rate cuts

NEW YORK: The dollar bounced on Friday after Federal Reserve Bank of New York President John Williams pushed back...

Published 16 Dec, 2023 05:49am

Money & Banking

Most Asian currencies extended gains

BENGALURU: Most Asian equities extended gains on Friday, while currencies held onto to their recent rise following a...

Published 16 Dec, 2023 05:49am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 3	278.63
USD PKR Interbank Buying / Jan 3	27,843
USD to Japanese Yen / Jan 3	157.26
USD to Swiss Franc / Jan 3	0.91
Pound Sterling to USD / Jan 3	1.24
Euro to USD / Jan 3	1.03

Stock	Volume
S&P 500 / Jan 3	5,942.47
India Sensex / Jan 3	79,223.11
Tokyo Nikkei / Jan 3	39,894.54
Nasdaq / Jan 3	19,621.68
Hang Seng / Jan 3	19,760.27
FTSE 100 / Jan 3	8,223.98
Dow Jones / Jan 3	42,732.13
Germany DAX 30 / Jan 3	19,906.08

Item	Value
Crude Oil USD/Barrel / Jan 3	73.96
Gold 10 Grams PKR / Jan 3	243,488.40
Gold Spot USD/Ounce / Jan 3	2,640.22
Cotton US¢/pound / Jan 3	67.66
Karachi Cotton PKR/37.32 KG / Jan 4	18,285
Petrol/Litre / Jan 5	252.66

Gainers
Losers
Leaders

Stock	Price
Tri-Star Power / Jan 3 Tri-Star Power Limited(TSPL)	6.87 ▲ 1.00 (17.04%)
Dewan Textile / Jan 3 Dewan Textile Mills Limited(DWTM)	7.50 ▲ 0.70 (10.29%)
Pak Gulf Leasing / Jan 3 Pak-Gulf Leasing Company Limited(PGLC)	28 ▲ 2.55 (10.02%)
Asim Textile / Jan 3 Asim Textile Mills Limited(ASTM)	14.72 ▲ 1.34 (10.01%)
Bannu Woollen / Jan 3 Bannu Woollen Mills Limited(BNWM)	39.34 ▲ 3.58 (10.01%)
Ali Asghar / Jan 3 Ali Asghar Textile Mills Limited(AATM)	87.12 ▲ 7.92 (10.00%)
AL-Ghazi Tractors / Jan 3 Al-Ghazi Tractors Limited(AGTL)	692.63 ▲ 62.97 (10.00%)
Arpak Int. / Jan 3 Arpak International Investments Ltd.(ARPAK)	76.89 ▲ 6.99 (10.00%)
Chakwal Spinning / Jan 3 Chakwal Spinning Mills Limited(CWSM)	79.30 ▲ 7.21 (10.00%)

Stock	Price
Khairpur Sug. / Jan 3 Khairpur Sugar Mills Limited(KPUS)	165.85 ▼ -18.43 (-10.00%)
Pak Paper Prod / Jan 3 Pakistan Paper Products Limited(PPP)	163.24 ▼ -18.14 (-10.00%)
Jubilee Spinning / Jan 3 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▼ -1.19 (-9.92%)
National Silk / Jan 3 The National Silk & Rayon Mills Limited(NSRM)	49.96 ▼ -5.48 (-9.88%)
Al-Khair Gadoon / Jan 3 Al-Khair Gadoon Limited(AKGL)	37.50 ▼ -3.95 (-9.53%)
Escorts Bank / Jan 3 Escorts Investment Bank Limited(ESBL)	6.22 ▼ -0.63 (-9.20%)
Intermarket Securities / Jan 3 Intermarket Securities Limited(IMS)	67.01 ▼ -6.76 (-9.16%)
Premium Textile / Jan 3 Premium Textile Mills Limited(PRET)	365.10 ▼ -34.90 (-8.72%)
Shahzad Tex. / Jan 3 Shahzad Textile Mills Limited(SZTM)	27.30 ▼ -2.57 (-8.60%)

Stock	Volume
Fauji Foods Ltd / Jan 3 Fauji Foods Limited(FFL)	89,478,727 ▲ 0.26
WorldCall Telecom / Jan 3 Worldcall Telecom Limited(WTL)	72,529,816 ▼ -0.06
Telecard Limited / Jan 3 Telecard Limited(TELE)	61,073,411 ▼ -0.38
Cnergyico PK / Jan 3 Cnergyico PK Limited(CNERGY)	56,752,893 ▲ 0.01
Fauji Cement / Jan 3 Fauji Cement Company Limited(FCCL)	54,319,935 ▼ -2.12
Pace (Pak) Ltd. / Jan 3 Pace (Pakistan) Limited(PACE)	47,336,133 ▲ 0.00
K-Electric Ltd. / Jan 3 K-Electric Limited(KEL)	47,012,733 ▼ -0.21
B.O.Punjab / Jan 3 The Bank of Punjab(BOP)	37,387,280 ▲ 0.11
Bank Makramah / Jan 3 Bank Makramah Limited(BML)	34,237,257 ▲ 0.25

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