News Archives for Print - 2023-12-28

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Print - 2023-12-28

Middle East

Iran’s Guards link Hamas attack on Israel to general’s 2020 killing

TEHRAN: Iran’s Revolutionary Guards said Wednesday the October attacks on Israel by Tehran-backed Hamas were in...

Published 28 Dec, 2023 04:52am

Erdogan says Netanyahu no different from Hitler

ANKARA: Turkish President Tayyip Erdogan said on Wednesday that Israeli Prime Minister Benjamin Netanyahu was no...

Updated 28 Dec, 2023 06:59am

Israel says war to last ‘many more months’

GAZA STRIP, Palestinian Territories: The Hamas-run Gaza Strip’s health ministry said Wednesday the death toll from...

Updated 28 Dec, 2023 06:58am

New York Times sues OpenAI, Microsoft in copyright clash

WASHINGTON: The New York Times sued ChatGPT-maker OpenAI and Microsoft in a US court on Wednesday, alleging that the...

Published 28 Dec, 2023 04:52am

Europe

German political heavyweight Wolfgang Schaeuble dies

BERLIN: Wolfgang Schaeuble, one of the most important figures in German politics for decades and an icon of ...

Published 28 Dec, 2023 04:52am

Indonesian workers protest after deadly blast at nickel plant

JAKARTA: Hundreds of Indonesian workers protested Wednesday against conditions at a Chinese-funded nickel-processing...

Published 28 Dec, 2023 04:52am

Africa

‘Alone’: Afghan women fault West for lack of support

PARIS: Afghan activist Rita Safi has harsh words for western governments she said have failed to deliver on promises...

Updated 28 Dec, 2023 06:57am

Trump wins Michigan state court battle to qualify for primary election ballot

WASHINGTON: Donald Trump scored a victory in his fight against challenges to his eligibility for the White House on...

Published 28 Dec, 2023 04:52am

Europe

Eiffel Tower closes as staff go on strike

PARIS: The Eiffel Tower, one of the world’s prime tourist attractions, was closed Wednesday after staff went on...

Published 28 Dec, 2023 04:52am

Apple wins bid to pause Apple Watch ban at US appeals court

NEW YORK: Apple scored a victory on Wednesday when a US appeals court paused a government commission’s import ban...

Published 28 Dec, 2023 04:52am

Iran says ‘nothing new’ in UN nuclear watchdog report

TEHRAN: Iran said Wednesday there was “nothing new” in an International Atomic Energy Agency report which said ...

Published 28 Dec, 2023 04:52am

Blinken seeks way forward in Mexico on migration surge

WASHINGTON: Secretary of State Antony Blinken travelled to Mexico on Wednesday in hopes of tackling surging...

Published 28 Dec, 2023 04:52am

Russia, India closer to joint military equipment production: Lavrov

MOSCOW: Russia and India have made tangible progress in talks on plans to jointly produce military equipment, ...

Published 28 Dec, 2023 04:52am

Solangi, CM Punjab discuss situation

LAHORE: The caretaker Federal Minister for Information and Broadcasting Murtaza Solangi met the caretaker Punjab...

Published 28 Dec, 2023 04:52am

Governor lauds role of Pak Academy of Family Physicians

LAHORE: Punjab Governor Muhammad Balighur Rehman has said that family physicians have an important role in primary...

Published 28 Dec, 2023 04:52am

Faisal Saleh Hayat quits PPP, joins PML-N

LAHORE: Pakistan People’s Party senior leader and former federal minister Makhdoom Faisal Saleh Hayat Wednesday...

Published 28 Dec, 2023 04:52am

Scheduled Senate elections unlikely to face delay

ISLAMABAD: The Senate election is tentatively scheduled for 3 March 2024 may not face any delay, as the electoral...

Published 28 Dec, 2023 04:52am

SECP report says only 9.5pc farmers insured in Pakistan

ISLAMABAD: Only 9.5 percent farmers are insured in Pakistan out of the total population of farmers of 8.2 million....

Published 28 Dec, 2023 04:52am

Federal insurance ombudsman forms fire emergency cell

KARACHI: Federal Insurance Ombudsman has established an emergency cell in response to the recent spate of fires. ...

Published 28 Dec, 2023 04:52am

Foreign nationals: Five NADRA officials held over CNIC issuance

ISLAMABAD: The Federal Investigation Agency (FIA) has arrested five National Database and Registration Authority...

Published 28 Dec, 2023 04:52am

Karachi police chief vows to deal with all criminal elements with an iron hand

KARACHI: Additional Inspector General of Police Khadim Hussain Rind, while agreeing to concerns expressed over rise...

Published 28 Dec, 2023 04:52am

KE will undertake maintenance work at Lyari Grid today

KARACHI: KE will be undertaking a critical maintenance activity at Lyari Grid on Thursday, December 28, 2023, to...

Published 28 Dec, 2023 04:52am

JI slams KE for ‘maltreatment’ of a woman consumer

KARACHI: Jamaat-e-Islami (JI) on Wednesday condemned the K-Electric (KE) for its alleged maltreatment of woman,...

Published 28 Dec, 2023 04:52am

ECP sets up PMCR in Karachi

KARACHI: As the general elections 2024 are fast approaching, a Provincial Monitoring Control Centre (PMCR) equipped...

Published 28 Dec, 2023 04:52am

PTI condemns re-arrest of Qureshi

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Wednesday vehemently condemned the draconian manner of re-arrest of PTI...

Published 28 Dec, 2023 04:52am

Indonesian protesters storm refugee shelter calling for deportation of Rohingya

BANDA ACEH (Indonesia): A large crowd of Indonesian students stormed a convention centre housing hundreds of ...

Published 28 Dec, 2023 04:52am

Senate chief meets President

ISLAMABAD: Chairman Senate Sadiq Sanjrani Wednesday called on President Dr Arif Alvi. According to the Press Wing...

Published 28 Dec, 2023 04:52am

PFA discards 700kg substandard toffees, 630 litre milk

LAHORE: The Punjab Food Authority (PFA) on Wednesday discarded a huge quantity of impure edibles including 700kg of...

Published 28 Dec, 2023 04:52am

LHC disposes of pleas of PTI ticket aspirants

LAHORE: The Lahore High Court on Wednesday disposed of the petitions of PTI ticket aspirants and directed the...

Published 28 Dec, 2023 04:52am

Provisions of articles 62 and 63: LHC approached for implementation

LAHORE: A bar member has approached the Lahore High Court Wednesday praying to implement the provisions of articles...

Published 28 Dec, 2023 04:52am

IG Punjab inaugurates Punjab Police Art Exhibition 2023

LAHROE: Inspector General Police Punjab Dr. Usman Anwar has said that talent of painting, literature or any other...

Published 28 Dec, 2023 04:52am

Customs foil drug smuggling bid

KARACHI: Collectorate of Customs, Airport on Wednesday foiled an attempt to smuggle substantial quantity of drugs to...

Published 28 Dec, 2023 04:52am

IK's post-arrest bail plea in NCA scam: AC seeks argument from prosecution today

ISLAMABAD: The Accountability Court, on Thursday, sought an argument from the prosecution on Pakistan ...

Published 28 Dec, 2023 04:52am

2.6m learner driving licenses issued across Punjab: PITB

LAHORE: Punjab Information Technology Board (PITB) Chairman Faisal Yousaf has said that over 2.6 million new learner...

Published 28 Dec, 2023 04:52am

The Weather

KARACHI: The weather report on Wednesday (December 27, 2023) and the forecast for Thursday (December 28, 2023)...

Published 28 Dec, 2023 04:52am

Rates

Stocks roar back

KARACHI: Pakistan Stock Exchange on Wednesday witnessed sharp recovery and closed on strong positive note on the ...

Published 28 Dec, 2023 04:52am

Economic growth: IT sector can play key role: PM

ISLAMABAD: Caretaker Prime Minister Anwaar ul Haq Kakar Wednesday said the IT sector can play a key role in the...

Published 28 Dec, 2023 04:52am

‘Suspension of conviction’: SC can’t hear IK’s plea due to shortage of judges

ISLAMABAD: The ex-prime minister Imran Khan’s immediate release from Adiala jail hit a snag as the Supreme Court ...

Published 28 Dec, 2023 04:52am

Qureshi manhandled during re-arrest from outside Adiala Jail

RAWALPINDI: Pakistan Tehreek-e-Insaf (PTI) vice chairman Shah Mahmood Qureshi on Wednesday was re-arrested by...

Published 28 Dec, 2023 04:52am

Bilawal unveils 10-point election manifesto

GARHI KHUDA BAKHSH, (Larkana): Chairman Pakistan People’s Party (PPP) Bilawal Bhutto Zardari has tabled his...

Published 28 Dec, 2023 04:52am

Alvi directs HEC to attest student’s degree within seven days

ISLAMABAD: President Dr Arif Alvi has expressed displeasure over the delay by the Higher Education Commission (HEC)...

Published 28 Dec, 2023 04:52am

President sees China as largest trading partner, FDI source

ISLAMABAD: President Dr Arif Alvi said China was the largest trading partner of Pakistan and was an important ...

Published 28 Dec, 2023 04:52am

Separate agency set up to tackle cybercrime challenge

ISLAMABAD: The government has established a separate agency, National Cyber Crime Investigation Agency, equipped ...

Published 28 Dec, 2023 04:52am

Delegation of Turbat varsity visits KU’s ICCBS, KIBGE

KARACHI: A delegation of the Department of Chemistry of the University of Turbat, Balochistan, visited the...

Published 28 Dec, 2023 04:52am

Gohar Ejaz assesses operational status of Port Qasim SEZ

ISLAMABAD: Caretaker Federal Minister of Commerce Dr Gohar Ejaz chaired a meeting here on Wednesday to assess the...

Published 28 Dec, 2023 04:52am

Conference being held today: Ulema agree on joint fatwa on polio eradication: Ashrafi

ISLAMABAD: Special Representative to the Prime Minister (PM) on Religious Harmony Hafiz Tahir Ashrafi on Wednesday...

Published 28 Dec, 2023 04:52am

Don’t treat Baloch protestors as ‘enemies’, IHC tells police

ISLAMABAD: The Islamabad High Court (IHC) on Wednesday warned Islamabad Capital Territory (ICT) Police not to treat...

Published 28 Dec, 2023 04:52am

Alvi condemns mishandling of Qureshi by police

ISLAMABAD: President Arif Alvi condemned the mishandling of former foreign minister Shah Mahmood Qureshi by police...

Published 28 Dec, 2023 04:52am

Pakistan successfully conducts flight test of Fatah-II missile

ISLAMABAD: Pakistan on Wednesday conducted the successful flight test of Fatah-II, equipped with the most modern...

Published 28 Dec, 2023 04:52am

PARTLY FACETIOUS: Where there is the matter of Pakistani Samdhis angels fear to tread

“Marriage as a form of alliance…” “Please! I am not sure who you are referring to, but where there is the...

Published 28 Dec, 2023 04:52am

PPP workers pay homage to Benazir on her death anniversary

PESHAWAR: Workers of Pakistan People’s Party in Khyber Pakhtunkhwa on Wednesday paid rich tribute to former prime...

Published 28 Dec, 2023 04:52am

IK, Maryam, Bilawal: nomination papers attract objections

LAHORE: Objections have been raised on the nomination papers of Maryam Nawaz of the PML-N, Bilawal Bhutto Zardari of...

Published 28 Dec, 2023 04:52am

MBBS annual exams begin across Punjab

LAHORE: The annual examinations for MBBS have commenced from across Punjab on Wednesday in which the candidates from...

Published 28 Dec, 2023 04:52am

Importer assails customs dept for not releasing goods

LAHORE: An importer of polymer polyvinyl chloride has proved prejudice behavior of Customs department for not...

Published 28 Dec, 2023 04:52am

Punjab CM irked by lack of cleanliness in Ganga Ram Hospital

LAHORE: The caretaker Chief Minister Punjab Mohsin Naqvi paid a surprise visit to Ganga Ram Hospital on Wednesday ...

Published 28 Dec, 2023 04:52am

Job of a journalist

It’s still hard to figure out which is worse. Pretty and/or entitled brats with fancy connections landing...

Updated 28 Dec, 2023 05:13am

EXIM Bank of Pakistan: a major milestone

The launch of the Export-Import (EXIM) Bank of Pakistan is a major milestone for the people of Pakistan and will...

Updated 28 Dec, 2023 05:15am

Letters

No justification for such fiscal profligacy

This is apropos a Business Recorder news item “Budgetary support during Jul 1-Dec 16, 2023 period: Govt borrowing...

Published 28 Dec, 2023 04:52am

Why Raj is remembered?

My late mother used to talk about ‘Ungrez Ki Hukamat’ (Rule of the Colonists or Raj). Although she was an...

Published 28 Dec, 2023 04:52am

Stocks

Wall St wavers heading into year end due to lack of catalysts

NEW YORK: Wall Street’s main indexes struggled for direction on Wednesday in the absence of any major catalysts to...

Published 28 Dec, 2023 04:52am

Stocks

European shares kick off last week of 2023 higher

PARIS: European shares edged higher on Wednesday in a holiday-shortened week on growing optimism around US interest...

Published 28 Dec, 2023 04:52am

Stocks

HK shares rise as gaming firms rebound; China edges up

SHANGHAI: Hong Kong stocks rebounded as the market reopened on Wednesday, led by a rally in gaming firms after...

Published 28 Dec, 2023 04:52am

Stocks

Most Gulf bourses gain on US rate cut bets

DUBAI: Most stock markets in the Gulf ended higher on Wednesday on optimism that the US Federal Reserve will start...

Published 28 Dec, 2023 04:52am

Stocks

Indian stocks resume record-breaking rally on rate cut optimism

BENGALURU: India’s benchmark indexes resumed their record-breaking run on Wednesday, boosted by a global rally on...

Published 28 Dec, 2023 04:52am

Grains

Chicago wheat eases after rally

PARIS/SINGAPORE: Chicago wheat gave back some of the previous session’s sharp gains on Wednesday as participants...

Published 28 Dec, 2023 04:52am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 150,043 tonnes of cargo comprising 77,203 tonnes of import cargo and 72,840...

Published 28 Dec, 2023 04:52am

Exporters likely to get DLTL worth Rs37.306bn

Caretaker Federal Minister for Commerce and Industries Dr Gohar Ejaz chairs a review meeting

Updated 28 Dec, 2023 10:13am

Urea subsidy sharing: ECC may approve TSG for MoC today

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) is likely to approve Thursday (Dec 28) technical...

Updated 28 Dec, 2023 08:51am

Six major currencies: ECs implement new exchange rate mechanism

KARACHI: Following the directives of the State Bank of Pakistan (SBP), Exchange Companies Association of Pakistan...

Updated 28 Dec, 2023 09:40am

Nov 23 FCA: CPPA tells Nepra why it seeks tariff hike

ISLAMABAD: The Central Power Purchasing Agency (CPPA) has attributed low utilisation of electricity in winter and...

Updated 28 Dec, 2023 09:40am

Foreign investors: Jul-Nov profit repatriation soars 312pc to $532m YoY

KARACHI: Repatriation of profit and dividends by foreign investors posted a notable 312 percent growth during the...

Updated 28 Dec, 2023 08:53am

CDWP approves 4 projects worth Rs11.15bn

ISLAMABAD: The Central Development Working Part (CDWP) approved four development projects with a cost of Rs11.15...

Updated 28 Dec, 2023 08:50am

Input goods’ import: SBP unveils procedure for availing EFS ITM facility

KARACHI: The State Bank of Pakistan (SBP) has announced the procedure for availing International Toll Manufacturing...

Updated 28 Dec, 2023 09:41am

EMS: ECP admits facing ‘difficulties’

ISLAMABAD: The Election Commission of Pakistan (ECP) has admitted having faced slight difficulties in the...

Published 28 Dec, 2023 04:52am

SC Practice and Procedure Act: detailed verdict issued

ISLAMABAD: The parliament on Wednesday attracted praise from the Supreme Court for the passage of the Practice and...

Updated 28 Dec, 2023 08:51am

‘Simultaneous’ probe of same taxpayer: IHC seeks explanation from FBR

ISLAMABAD: Islamabad High Court (IHC) has directed the Federal Board of Revenue (FBR) to explain that how different...

Updated 28 Dec, 2023 08:53am

‘Notices to deceased persons’: PTBA urges FBR to upgrade its system

ISLAMABAD: Pakistan Tax Bar Association of Pakistan (PTBA) has asked Federal Board of Revenue (FBR) to upgrade its...

Published 28 Dec, 2023 04:52am

Energy

Guddu-RYK transmission line: NTDC installs shunt reactor

LAHORE: The National Transmission and Despatch Company Limited (NTDC) has installed a shunt reactor on 500 kV...

Published 28 Dec, 2023 04:52am

Commodities

Gold, silver prices up

KARACHI: Gold and silver prices on Wednesday saw sizeable gains on the local market, traders said. Gold gained...

Published 28 Dec, 2023 04:52am

Soaring govt borrowing: grim fiscal reality

EDITORIAL: State Bank of Pakistan (SBP) reported a statistic that should send alarm bells ringing throughout the...

Published 28 Dec, 2023 04:52am

The massacre in Gaza

EDITORIAL: The horrific events in Gaza continue to shake global conscience with the Gazan health ministry announcing...

Published 28 Dec, 2023 04:52am

Commodities

Gold firms on hopes of US rate cut

BENGALURU: Gold prices crept up on Wednesday, hovering near their highest in almost three weeks, on market...

Published 28 Dec, 2023 04:52am

Commodities

Malaysian palm oil futures up

KUALA LUMPUR: Malaysian palm oil futures rose for a second session on Wednesday, with strength in rival edible oils...

Published 28 Dec, 2023 04:52am

Energy

Oil prices down as investors watch Red Sea developments

NEW YORK: Oil prices slipped on Wednesday, eating into the previous day’s gains as investors monitored ...

Updated 28 Dec, 2023 07:00am

Commodities

Japanese rubber futures extend rally

SINGAPORE: Japanese rubber futures rose for the fourth straight session to touch a three-week high on Wednesday,...

Published 28 Dec, 2023 04:52am

Commodities

PMEX daily trading report

KARACHI: On Tuesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 9.717...

Published 28 Dec, 2023 04:52am

Energy

US natural gas prices slide

NEW YORK: US natural gas futures fell more than 2% in holiday-thin trading on Tuesday, pressured by record gas...

Published 28 Dec, 2023 04:52am

Commodities

Aluminium touches eight-month high

LONDON: Base metals prices rose in London on Wednesday, buoyed by industrial profit gains in top metals consumer...

Published 28 Dec, 2023 04:52am

Commodities

Dalian iron ore futures climb

SINGAPORE: Dalian iron ore futures rose for the second consecutive session on Wednesday, as market participants...

Published 28 Dec, 2023 04:52am

Cotton & Textile

Volume of business improves slightly on cotton market

LAHORE: The trading activity improved on the cotton market on Wednesday. Cotton analyst, Naseem Usman while talking...

Published 28 Dec, 2023 04:52am

Energy

US sanctions against Arctic LNG 2 undermine global energy security: Russia

MOSCOW: US sanctions targeting Russia’s massive Arctic LNG 2 project are unacceptable and undermine global energy...

Published 28 Dec, 2023 04:52am

China’s industrial profits post double-digit gains but recovery uneven

BEIJING: China’s November industrial profits posted double-digit gains as overall manufacturing improved, although...

Published 28 Dec, 2023 04:52am

PAD arranging wheat production competition

Commodities

Industry

AJA Holding director discusses investment opportunities with convenor FCCI

FAISALABAD: Alan Xiao Managing Director AJA Holding (Hong Kong) Limited visited Faisalabad Chamber of Commerce &...

Published 28 Dec, 2023 04:52am

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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