News Archives for Print - 2023-12-18

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Print - 2023-12-18

PCB to conduct female umpires induction course

LAHORE: The Pakistan Cricket Board (PCB) is going to conduct a female umpires induction course at Gaddafi Stadium,...

Published 18 Dec, 2023 06:42am

South Asia

SAARC can alter our region’s development landscape: Nepal PM

LAHORE: “SAARC has enormous potential to alter our region’s development landscape,” stated Prime Minister of...

Published 18 Dec, 2023 06:42am

Middle East

More than 60 feared dead off Libya in latest migrant tragedy

TRIPOLI: At least 61 migrants were missing and presumed dead after their boat sank off Libya’s coast, the...

Published 18 Dec, 2023 06:42am

Asia

Japan, ASEAN agree to boost maritime security cooperation

TOKYO: Southeast Asian and Japanese leaders agreed on Sunday to boost maritime security cooperation in the face of...

Published 18 Dec, 2023 06:42am

Europe

Top US lawmaker ‘very optimistic’ on Ukraine, border deal

WASHINGTON: As US congressional negotiators worked deep into the weekend in a bid to craft an urgent deal linking ...

Published 18 Dec, 2023 06:42am

Middle East

Aid enters Gaza through Israel’s Kerem Shalom crossing for first time in war

JERUSALEM: The Kerem Shalom crossing between Israel and Gaza opened on Sunday for aid trucks for the first time ...

Published 18 Dec, 2023 06:42am

Sri Lanka’s economy returns to growth, led by agriculture

COLOMBO: Sri Lanka’s economy grew by 1.6% in the quarter from July to September, official data showed on Friday, ...

Published 18 Dec, 2023 06:42am

Middle East

Suez canal authority monitoring tensions in Red Sea

DUBAI: Egypt’s Suez canal authority said on Sunday it was closely monitoring the impact of tensions in the Red Sea...

Published 18 Dec, 2023 06:42am

N Korea fires short-range missile, condemns US for raising tensions

SEOUL/TOKYO: North Korea fired a short-range ballistic missile on Sunday, as it condemned US-led military shows of...

Published 18 Dec, 2023 06:42am

Modi calls for probe, not debate, on parliament breach

MUMBAI: Indian Prime Minister Narendra Modi called for a detailed investigation into last week’s major security...

Published 18 Dec, 2023 06:42am

Putin warns of ‘problems’ with Finland after NATO membership

MOSCOW: Russian President Vladimir Putin has warned of “problems” with neighbouring Finland after it joined NATO...

Published 18 Dec, 2023 06:42am

Putin vows to make Russia ‘sovereign, self-sufficient power’

MOSCOW: Russian President Vladimir Putin on Sunday promised to make Russia a “sovereign, self-sufficient” power...

Published 18 Dec, 2023 06:42am

IPP notifies nine more CEC members

RAWALPINDI: The General Secretary of the Istehkam-e-Pakistan Party (IPP) on Sunday appointed nine more members of ...

Published 18 Dec, 2023 06:42am

Hamadan Lahore Open Polo: FG/Din Polo, Newage Cables earn victories

LAHORE: FG/Din Polo and Newage Cables claimed resounding victories in the Hamadan Lahore Open Polo Championship ...

Published 18 Dec, 2023 06:42am

CCF pays rich tributes to APS martyrs

FAISALABAD: The Cadet College Faisalabad (CCF) organized introductory session of media briefing and public awareness...

Published 18 Dec, 2023 06:42am

Latif Khosa joins PTI

LAHORE: Pakistan Peoples’ Party (PPP) disgruntled leader Sardar Latif Khosa on Sunday officially announced to join...

Published 18 Dec, 2023 06:42am

Four killed in shooting outside wedding hall

LAHORE: A man shot dead his ex-wife, her sister, father and brother outside a wedding hall in the Baghbanpura area ...

Published 18 Dec, 2023 06:42am

Feb 8 general elections: Security arrangements reviewed

LAHORE: Provincial Election Commissioner Punjab Saeed Gul along with a delegation visited the Central Police Office...

Published 18 Dec, 2023 06:42am

Anti-encroachment drive to be launched in Lahore

LAHORE: It has been decided to launch a strict crackdown for the elimination of encroachments in Lahore. A 48 hours...

Published 18 Dec, 2023 06:42am

PDP leader demands govt take steps aimed at Dr Aafia’s release

KARACHI: Pasban Democratic Party (PDP) Chairman Altaf Shakoor has said that if compared the Indians show more...

Published 18 Dec, 2023 06:42am

PPP KP panel reviews list of candidates

ISLAMABAD: Pakistan People’s Party (PPP) parliamentary board for Khyber Pakhtunkhwa on Sunday reviewed...

Published 18 Dec, 2023 06:42am

Fazl says concerned at country’s ‘weak’ foreign policy

MARDAN: Jamiat-e-Ulema Islam -Fazal (JUI-F) chief Maulana Fazlur Rehman has lamented that international treaties ...

Published 18 Dec, 2023 06:42am

JI says will forge no electoral alliance with PML-N, PPP

ISLAMABAD: Jamaat-e-Islami (JI) Ameer Sirajul Haq declared that his party will not form an alliance with the ...

Published 18 Dec, 2023 06:42am

CPEC: speakers at workshop urge media to counter negative propaganda

ISLAMABAD: Speakers at the training workshop here on Sunday called upon the Pakistani media to engage in objective...

Published 18 Dec, 2023 06:42am

LUMS Energy Institute launches report on energy- efficient buildings

LAHORE: In a milestone event, the LUMS Energy Institute (LEI), a research and capacity building centre with a focus...

Published 18 Dec, 2023 06:42am

ICT: cop, son shot dead

ISLAMABAD: A policeman and his son were shot dead in an apparent armed robbery here on Sunday. The incident took...

Published 18 Dec, 2023 06:42am

‘Mourning day’ on demise of Kuwaiti Emir

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has declared today (Monday) as a day of mourning in Pakistan...

Published 18 Dec, 2023 06:42am

Pakistan condemns attack on Iranian police HQ

ISLAMABAD: Pakistan on Sunday strongly condemned the terrorist attack on Rask Police HQs in the Southeastern region...

Published 18 Dec, 2023 06:42am

Social media platforms face disruption across country

KARACHI: Internet monitor Netblocks has reported a nationwide disruption in social media platforms amid a “virtual...

Published 18 Dec, 2023 06:42am

PM to visit Kuwait today to condole Emir’s death

ISLAMABAD: Caretaker Prime Minister Anwarul Haq Kakar will undertake a one-day visit to Kuwait on Monday (today) to...

Published 18 Dec, 2023 06:42am

Contemporary education: KP to include tech skills as subjects

PESHAWAR: Khyber Pakhtunkhwa Caretaker Minister for Technical Education, Industries, Commerce and Tribal Affairs, ...

Published 18 Dec, 2023 06:42am

MQM leader praises global book fair in Karachi

KARACHI: Convener MQM-Pakistan Dr Khalid Maqbool Siddiqui has said that Karachi International Book Fair is a service...

Published 18 Dec, 2023 06:42am

Lawyers celebrate election victory with gunfire in Karachi

KARACHI: A video of lawyers firing shots in the air to celebrate their victory in the annual elections of the ...

Published 18 Dec, 2023 06:42am

Balochistan’s future linked to fair polls, says Malik

QUETTA: Senior politician and National Party President Dr Abdul Malik Baloch has declared that if the upcoming...

Published 18 Dec, 2023 06:42am

Iran deports 46 Pakistanis

ISLAMABAD: Nearly 46 Pakistani nationals, attempting to enter Europe, were intercepted by Iran and handed over to...

Published 18 Dec, 2023 06:42am

72 complainants get relief on orders of Ombudsman

LAHORE: Due to the efforts of the Ombudsman Punjab, 72 civilians were paid pending dues of pension dues, leave...

Published 18 Dec, 2023 06:42am

Training of DROs, ROs resumes

ISLAMABAD: The Election Commission of Pakistan (ECP) resumed training of its returning officers (ROs) and district...

Published 18 Dec, 2023 06:42am

The Weather

KARACHI: The weather report on Sunday (December 17, 2022) and the forecast for Monday (December 18, 2022)....

Published 18 Dec, 2023 06:42am

Case of getting inadmissible tax refunds: ATIR turns down rectification plea filed by Chinese firm

ISLAMABAD: The Full Bench of the Appellate Tribunal Inland Revenue (ATIR) has imposed costs and dismissed...

Updated 18 Dec, 2023 09:14am

Sindh barrages project faces $72m financial gap

ISLAMABAD: The “Sindh Barrages Improvement Project” of worth $326.6 million is facing financing gap of about $72...

Updated 18 Dec, 2023 07:16am

MoST all set to disband PCRET

ISLAMABAD: The Ministry of Science and Technology (MoST) has prepared a plan to abolish Pakistan Council of...

Updated 18 Dec, 2023 09:32am

Russia eyes additional oil export cuts of about 50,000bpd in Dec

MOSCOW: Russia said on Sunday it would deepen oil export cuts in December by potentially 50,000 barrels per day or...

Updated 18 Dec, 2023 08:35am

French top diplomat calls for ‘immediate and durable’ truce

TEL AVIV: French Foreign Minister Catherine Colonna on Sunday pressed for an “immediate and durable” truce in the...

Updated 18 Dec, 2023 08:35am

Israel strikes Gaza as pressure grows for ceasefire

GAZA STRIP, (Palestinian Territories): Israel kept up deadly strikes on the besieged Gaza Strip on Sunday despite...

Updated 18 Dec, 2023 08:35am

Rates

PSX witnesses mixed trend

KARACHI: Pakistan Stock Exchange witnessed mixed trend during the outgoing week ended on December 15, 2023 as the...

Published 18 Dec, 2023 06:42am

Rates

Futures spread down 105bps

KARACHI: The futures spread declined by 105bps to 23.71 percent on the last day of the outgoing week. Trading...

Published 18 Dec, 2023 06:42am

Middle East

Kuwait’s emir Sheikh Nawaf laid to rest

KUWAIT CITY: Kuwait’s late emir Sheikh Nawaf al-Ahmad Al-Sabah was laid to rest on Sunday at a private funeral...

Published 18 Dec, 2023 06:42am

IPP leader pledges 300 units of power free if voted to power

ISLAMABAD: Istehkam-e-Pakistan Party (IPP) President Abdul Aleem Khan announced that following a victorious election...

Updated 18 Dec, 2023 09:41am

Overseas Pakistanis: Depreciation on used cell phones doubled

ISLAMABAD: The depreciation on the used/ refurbished mobile phones brought into Pakistan by the overseas Pakistanis...

Updated 18 Dec, 2023 09:20am

Rates

Another positive week

KARACHI: The rupee witnessed another positive week as it appreciated Re0.61 or 0.21% against the US dollar in the...

Published 18 Dec, 2023 06:42am

Peshawar-Malam Jabba jeep and bike rally concludes

KARACHI: As winter blankets Swat Valley, tourism experiences a surge, highlighted by the recently concluded two-day...

Published 18 Dec, 2023 06:42am

One killed as water tanker crashes into home

KARACHI: A speedy and out of control water tanker crashed into a home in Glushan Ghazi, Baldia Town on Sunday,...

Published 18 Dec, 2023 06:42am

Energy

KP Energy & Power Dept holds E-Khuli Kachehri

PESHAWAR: On the directives of the caretaker provincial government in order to bring transparency and administrative...

Published 18 Dec, 2023 06:42am

KE maintenance work at North Nazimabad

KARACHI: K-Electric (KE) will be undertaking a critical maintenance activity at North Nazimabad Grid on Monday,...

Published 18 Dec, 2023 06:42am

Body search at airports: Judges, spouses exempted

ISLAMABAD: The Ministry of Aviation has reportedly exempted the serving judges and their spouses from body search at...

Published 18 Dec, 2023 06:42am

Commodities

Peshawar: prices of essential food items remain high

PESHAWAR: Prices of essential food commodities remained unchanged in the local market. According to a survey...

Published 18 Dec, 2023 06:42am

Energy

Work on Balakot HPP in full swing

PESHAWAR: With the cooperation of Chinese engineers, the construction work on 300-MW Balakot Hydropower Project, the...

Published 18 Dec, 2023 06:42am

Cotton & Textile

Weekly Cotton Review: Market sees price stability amid low volume

KARACHI: Stability in the price of quality cotton was seen in previous week, though business volume remained quite...

Published 18 Dec, 2023 06:42am

Energy

Rising gas tariffs: Industrialists mulling setting up biogas plants

KARACHI: Korangi Association of Trade and Industry (KATI) President Faraz-ur-Rehman on Sunday said that considering...

Published 18 Dec, 2023 06:42am

Charter of economy: a non-starter

The concept of all political parties signing off on a charter of the economy has been consistently raised by the...

Updated 18 Dec, 2023 07:03am

Fertilizer: a subsidy for dealers?

For a very long time, the government has been supplying gas at a subsidized rate to fertilizer companies (mainly to...

Updated 18 Dec, 2023 07:03am

Letters

Khosa joins PTI

While it is not known whether or not senior lawyer Latif Khosa’s decision to join a seemingly beleaguered Pakistan...

Published 18 Dec, 2023 06:42am

Why emphasis on export-led growth becomes imperative

In the expansive arena of economic governance, Ludwig von Mises’ profound assertion resonates: “If one rejects...

Published 18 Dec, 2023 06:42am

Stocks

Wall Street Week Ahead: Epic Treasury rally may be running out of fuel as Fed pivot priced in

NEW YORK: A surge in US government bonds has helped lift stocks and heightened investors’ appetite for risk. Now...

Published 18 Dec, 2023 06:42am

Stocks

Tokyo markets end higher

TOKYO: Tokyo stocks ended higher on Friday as investors took heart from rallies on Wall Street. The benchmark ...

Published 18 Dec, 2023 06:42am

Stocks

Sri Lankan shares end lower

BENGALURU: Sri Lankan shares closed lower on Friday, led by losses in industrials and communication services. The ...

Published 18 Dec, 2023 06:42am

Energy

Mohd Amir made FESCO chief

FAISALABAD: Engineer Muhammad Amir has taken over charge of the post of Chief Executive Officer (CEO) Faisalabad...

Published 18 Dec, 2023 06:42am

Rates

Automart: car prices in Karachi

Rates in the week ended Sunday December 17, 2023

Published 18 Dec, 2023 06:42am

Property registration in Punjab: Mega WHT evasion scam unearthed

Tax office of Federal Board of Revenue conducts an electronic audit of property registrars in Punjab

Updated 18 Dec, 2023 11:51am

Feasibilities/bankable projects: SIFC to hire top-level consultancy services

ISLAMABAD: The Implementation Committee (IC) of Special Investment Facilitation Council (SIFC) has decided to hire...

Updated 18 Dec, 2023 08:36am

Zee asks Sony’s Indian arm for extension of merger deadline

MUMBAI: India’s Zee Entertainment Enterprises said in a stock exchange filing on Sunday that it had sought a further...

Updated 18 Dec, 2023 08:36am

Key part of global economy wrestling with significant risks

KARACHI: Top risks facing public sector organisations are financial challenges and an inability to meet changing...

Published 18 Dec, 2023 06:42am

Over 5m SMEs receive mere 7pc of private sector credit

LAHORE: Despite the significant importance, over 5 million SMEs has been facing a huge credit gap, receiving only 7%...

Published 18 Dec, 2023 06:42am

SEZ status sought for Mohmand Economic Zone

PESHAWAR: The Chief Executive Officer (CEO), Khyber Pakhtunkhwa Economic Zones Development and Management Company...

Published 18 Dec, 2023 06:42am

Physical verification of vehicles: desk inaugurated at SCCI

PESHAWAR: Sarhad Chamber of Commerce and Industry president Fuad Ishaq and Director Excise and Taxation department...

Published 18 Dec, 2023 06:42am

Industry

Fish production increasing through aquaculture expansion

PESHAWAR: Fishery production in Pakistan is increasing through expansion of aquaculture and its consumption has...

Published 18 Dec, 2023 06:42am

Industry

MoU inked on sale of e-bikes through instalments

ISLAMABAD: An agreement between Pakzon Electric Motors (Pvt) Ltd and Faisal Bank was signed on Sunday for provision...

Published 18 Dec, 2023 06:42am

‘E-Service, digitalisation of SITE Limited & SSIC record’ inaugurated

HYDERABAD: President Hyderabad Chamber of Small Traders and Small Industry (HCSTSI) Muhammad Farooq Shaikhani has...

Published 18 Dec, 2023 06:42am

Dagha inaugurates digitalisation of revenue land, online revenue facilitation centre

KARACHI: Caretaker Minister for Revenue, Industry and Commerce Sindh Muhammad Younus Dagha inaugurated the...

Published 18 Dec, 2023 06:42am

Fitch maintains rating

EDITORIAL: Fitch has maintained Pakistan’s rating at CCC positive — a rating that has been stable since 10 July...

Published 18 Dec, 2023 06:42am

Investment visas

EDITORIAL: SIFC (Special Investment Facilitation Council) is in the news again, like it’s often been over the last...

Published 18 Dec, 2023 06:42am

Money & Banking

Indian rupee posts best day in over 8 months aided by dollar inflows

MUMBAI: The Indian rupee posted its biggest single-day gain in more than eight months on Friday amid heavy dollar...

Published 18 Dec, 2023 06:42am

Money & Banking

Yuan hovers at six-month high

SHANGHAI: China’s yuan hovered at a six-month high against an easing dollar on Friday, as some exporters rushed to...

Published 18 Dec, 2023 06:42am

Money & Banking

Rouble eases after rate hike

MOSCOW: The Russian rouble gave up early gains to weaken on Friday after the central bank raised interest rates by ...

Published 18 Dec, 2023 06:42am

Money & Banking

Australia, NZ dlrs hold near 4-1/2 month highs

SYDNEY: The Australian and New Zealand dollars stood near their 4-1/2 month highs on Friday, drawing partial support...

Published 18 Dec, 2023 06:42am

Latam assets down on ‘hangover’ after dovish Fed

Money & Banking

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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