News Archives for Print - 2023-12-30

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Print - 2023-12-30

South Africa files ICJ case accusing Israel of ‘genocidal acts’

THE HAGUE: South Africa launched a case on Friday at the International Court of Justice (ICJ) against Israel for ...

Published 30 Dec, 2023 06:28am

Displaced Gazans flee again as Israel launches more tank, air assaults

CAIRO/GAZA: Tens of thousands of newly displaced Gazans huddled under tarpaulins on Friday in the centre of the...

Published 30 Dec, 2023 06:28am

Google agrees to settle $5bn lawsuit over ‘incognito’ mode

SAN FRANCISCO: Google has agreed to settle a consumer privacy lawsuit seeking at least $5 billion in damages over...

Published 30 Dec, 2023 06:28am

South Asia

China names navy ex-chief as new defence minister

BEIJING: China named a former navy commander as its new defence minister on Friday, months after his predecessor was...

Published 30 Dec, 2023 06:28am

South Asia

Extradition of Hafiz Saeed: Pakistan says received request from India

ISLAMABAD: Pakistan, on Friday, confirmed that it has received a request from India seeking the extradition of...

Published 30 Dec, 2023 06:28am

Disturbing surge in domestic violence

The alarming situation in relation to the state of domestic violence prevailing in the country is once again in the...

Published 30 Dec, 2023 06:28am

Obituary Wasim Zuberi: a gentleman extraordinary departs

On 15th December 2023 in Islamabad, the family of Wasim Zuberi lost their lovable patriarch, the petroleum sector...

Published 30 Dec, 2023 06:28am

SBBWUP inks MoU with BoK to facilitate staff, students

PESHAWAR: Shaheed Benazir Bhutto Women University Peshawar (SBBWUP) and the Bank of Khyber (BoK) signed a Memorandum...

Published 30 Dec, 2023 06:28am

Plea against ECP dismissed

LAHORE: The Lahore High Court on Friday rejected a plea against the Election Commission of Pakistan (ECP) for acting...

Published 30 Dec, 2023 06:28am

Oil and gas exploration: Panel concerned over delay, slow activities

ISLAMABAD: A parliamentary penal on Friday expressed its serious concern over the delay and slow oil and gas...

Published 30 Dec, 2023 06:28am

Navy conducts fleet annual efficiency competition parade

KARACHI: Pakistan Navy Fleet Annual Efficiency Competition Parade was held at Pakistan Navy Dockyard, Karachi. Chief...

Published 30 Dec, 2023 06:28am

Muzammil Sultan made FDPT chief

FAISALABAD: Muzammil Sultan and Junaid Ahmad Banth were re-elected unopposed as Chairman and Vice Chairman of the...

Published 30 Dec, 2023 06:28am

Pakistan's brand presence in US: Mondoq, Masood discuss strategies

KARACHI: Waqar Abbas Mondoq, the former Minister of Finance Government of Gilgit Baltistan, held a meeting with...

Published 30 Dec, 2023 06:28am

Mehmood Booti dump site to be transformed into urban forest

LAHORE: To move towards sustainable development and improve the environment in the provincial capital, the Lahore...

Published 30 Dec, 2023 06:28am

Bid invited by WB-funded PHCIP project: LHC issues notices to Punjab govt dept, others

LAHORE: Justice Muzamal Akhtar Shabbir of the Lahore High Court on Friday issued notices to the Punjab primary and...

Published 30 Dec, 2023 06:28am

JUI-F announces names of candidates on women reserved seats

PESHAWAR: JUI-F has announced the names of the candidates on women reserved seats for National and provincial...

Published 30 Dec, 2023 06:28am

JICA prefers Multan for installation of weather radar system

LAHORE: Japan International Cooperation Agency (JICA) has preferred Multan over Lahore because of India for the...

Published 30 Dec, 2023 06:28am

Jamaat-e-Islami: JI Karachi chief opens overhauled fleet of vehicles

KARACHI: Hafiz Naeemur Rehman, Jamaat-e-Islami (JI) Karachi Chief on Friday opened an overhauled fleet of vehicles ...

Published 30 Dec, 2023 06:28am

HANDS, Zong 4G to set up digital lab in Karachi suburbs school

KARACHI: The Health and Nutrition Development Society (HANDS) has partnered with Zong 4G to set up a digital lab at...

Published 30 Dec, 2023 06:28am

First artificial intelligence training programme announced

LAHORE: Punjab Higher Education Commission has announced the first artificial intelligence training program of its...

Published 30 Dec, 2023 06:28am

'Contract based smart phone policy' being enforced from 15 Jan

LAHORE: The government is going to launch a 'Contract based smart phone policy' from the 15th of January, 2025, the...

Published 30 Dec, 2023 06:28am

AKU organises theatre shows to educate children on tobacco

KARACHI: The Aga Khan University Department of Community Health Sciences (CHS) organised 12 theatre shows for...

Published 30 Dec, 2023 06:28am

2,000 food points on violations of laws closed

LAHORE: Stepping up to safeguard public health, the Punjab Food Authority (PFA) in 2023 launched a strict inspection...

Published 30 Dec, 2023 06:28am

The Weather

KARACHI: The weather report on Friday (December 29, 2023) and the forecast for Saturday (December 30 2023)...

Published 30 Dec, 2023 06:28am

Deadline for scrutiny of nomination papers extended

ISLAMABAD: With just a little about a month left for general elections, the Election Commission of Pakistan (ECP), ...

Published 30 Dec, 2023 06:28am

ECP likely to challenge high court verdict

ISLAMABAD: The Election Commission of Pakistan (ECP) is likely to challenge the stay order of the Peshawar High ...

Published 30 Dec, 2023 06:28am

ECC approves Rs55bn EOBI budget

ISLAMABAD: The Economic Coordination (ECC) of the Cabinet has approved Rs55,000 million Employees’ Old-Age ...

Published 30 Dec, 2023 06:28am

Bank holiday

KARACHI: The State Bank of Pakistan (SBP) will remain closed for public dealing on Monday, January 01, 2024, which...

Published 30 Dec, 2023 06:28am

PTI body condemns manhandling of Qureshi by police

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

Published 30 Dec, 2023 06:28am

IHC allows PTI leaders to discuss electoral matters with IK in jail

ISLAMABAD: The Islamabad High Court (IHC) on Friday allowed the leaders and lawyers of Pakistan Tehreek-e-Insaf ...

Published 30 Dec, 2023 06:28am

IHC declares DC’s authority as illegal

ISLAMABAD: The Islamabad High Court (IHC) declared the authority of the deputy commissioner to issue detention ...

Published 30 Dec, 2023 06:28am

Shehbaz conveys Nawaz’s ‘important’ message to MQM-P

KARACHI: In a much-anticipated meeting, the president of the Pakistan Muslim League-Nawaz (PML-N), Shehbaz Sharif,...

Published 30 Dec, 2023 06:28am

‘China Ice and Snow Tourism’ launched

ISLAMABAD: The 2024 “China Ice and Snow Tourism Overseas Promotion Season” has been launched in Pakistan by the...

Published 30 Dec, 2023 06:28am

PTA, HEC to raise awareness to prevent blasphemous activities

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) and the Higher Education Commission (HEC) have agreed to...

Published 30 Dec, 2023 06:28am

PML-N, GDA to forge alliance against PPP in Sindh

KARACHI: The Pakistan Muslim League-Nawaz (PML-N) and the Grand Democratic Alliance (GDA) have reached an agreement...

Published 30 Dec, 2023 06:28am

KPK constituency: SC to take up ECP’s plea on Jan 12

ISLAMABAD: The Supreme Court will take up the Election Commission of Pakistan (ECP)’s plea against the Peshawar...

Published 30 Dec, 2023 06:28am

Punjab CM visits hospitals, parks & CTD

LAHORE: The caretaker Chief Minister Punjab Mohsin Naqvi visited three hospitals of Lahore including the Punjab...

Published 30 Dec, 2023 06:28am

Dry weather likely: Met Office

KARACHI: Predominantly dry weather is likely to grip the country in January 2024 that may help spread the seasonal...

Published 30 Dec, 2023 06:28am

PCAA delivers key projects worth Rs18bn in 2023

KARACHI: Pakistan Civil Aviation Authority (PCAA) has successfully delivered some key infrastructure projects worth...

Published 30 Dec, 2023 06:28am

FPCCI elections today

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), an apex body of trade chambers, has...

Published 30 Dec, 2023 06:28am

Scholarship cheques distributed to flood-hit students of SAU

HYDERABAD: Scholarship cheques were distributed to flood-affected students of Sindh Agriculture University under...

Published 30 Dec, 2023 06:28am

ICT police claim: Wanted criminal, 14 outlaws arrested in 24 hours

ISLAMABAD: The capital police have claimed to have arrested a wanted member of a snatcher gang and other 14 outlaws...

Published 30 Dec, 2023 06:28am

VC SU expresses condolences over death of Advocate Thebo

HYDERABAD: In a somber announcement, Sindh University's Vice-Chancellor Professor (Meritorious) Dr Muhammad Siddique...

Published 30 Dec, 2023 06:28am

Exam material: UHS, Pakistan Post ink MoU for secure transportation

LAHORE: The University of Health Sciences (UHS) and the Pakistan Post Friday signed a memorandum of understanding...

Published 30 Dec, 2023 06:28am

Two burnt to death in private steel mill fire

ISLAMABAD: Two people were burnt to death and another scorched in fire at a private steel mill in the metropolis on...

Published 30 Dec, 2023 06:28am

Senate body opposes public executions for capital offences

ISLAMABAD: The Senate Standing Committee on Human Rights opposed public executions for capital offences. The Senate...

Published 30 Dec, 2023 06:28am

Rates

PSX stays bullish

KARACHI: Pakistan Stock Exchange closed on a positive note on the third consecutive day on the back of continuous...

Published 30 Dec, 2023 06:28am

Energy

Oil prices set to end year 10pc lower

LONDON: Oil prices are set to end 2023 about 10 percent lower after two years of gains as geopolitical concerns,...

Published 30 Dec, 2023 06:28am

18 ambassadors/high commissioners: ECP allows govt to go ahead with appointments

ISLAMABAD: The Election Commission of Pakistan (ECP) has formally granted permission to the Ministry of Foreign...

Published 30 Dec, 2023 06:28am

PTI chairman assails politicians for criticizing PHC verdict

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Friday claimed that despite court orders, conspiracies are still being...

Published 30 Dec, 2023 06:28am

Rates

PSX shines out in 2023

KARACHI: The Pakistan Stock Exchange shone out in 2023, as the benchmark KSE-100 Index provided a gain of 55 percent...

Published 30 Dec, 2023 06:28am

PARTLY FACETIOUS: Gongloo league’s failure

“The cries of unfairness by the courts with respect to retaining the bat symbol by the party of The Man Who Must...

Published 30 Dec, 2023 06:28am

The World Bank says it all

That the growing political uncertainty and institutional imbalances are adversely affecting the country’s perception...

Published 30 Dec, 2023 06:28am

Saving precious lives

Violent crimes are increasing in the city at an alarming rate. Every day newspaper readers are confronted with...

Published 30 Dec, 2023 06:28am

Letters

Economic policymaking promoting deindustrialization in Pakistan

The country has been facing the phenomenon of deindustrialization for quite some time. Unfortunately, however,...

Published 30 Dec, 2023 06:28am

Challenges facing the textile sector

Amidst the global economic slowdown triggered by the war in Ukraine and the increase in energy expenses, Pakistan’s...

Updated 30 Dec, 2023 06:48am

Stocks

Wall Street loses steam on last day of upbeat 2023

NEW YORK: US stocks lost momentum on the final trading day of an upbeat year that witnessed the benchmark S&P ...

Published 30 Dec, 2023 06:28am

Stocks

STOXX 600 ends 2023 up 12.6pc on rate cut optimism

PARIS: European shares ended 2023 with an annual gain of almost 13 percent on hopes of softer monetary policy from...

Published 30 Dec, 2023 06:28am

Stocks

China, HK stocks end 2023 as world’s worst performers

SHANGHAI: Chinese and Hong Kong stocks ended 2023 as the world’s worst-performing equity markets, with losses...

Published 30 Dec, 2023 06:28am

Stocks

UAE markets gain on rate cut bets

DUBAI: UAE stock markets closed higher on the last trading day of 2023, with the Dubai index rising for a third year...

Published 30 Dec, 2023 06:28am

Stocks

Tokyo’s Nikkei index soars 28.2pc in 2023

TOKYO: Tokyo’s benchmark Nikkei 225 index gained 28.2 percent in 2023, its best yearly performance in a decade....

Published 30 Dec, 2023 06:28am

Commodities

Gold prices down

KARACHI: Gold prices on Friday slumped on the local market but silver stood its ground, traders said. Gold lost...

Published 30 Dec, 2023 06:28am

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 30 Dec, 2023 06:28am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (December 29, 2023). ========================== KIBOR...

Published 30 Dec, 2023 06:28am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on ...

Published 30 Dec, 2023 06:28am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (December 29, 2023). ======================== Open Bid...

Published 30 Dec, 2023 06:28am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (December 29, 2023)....

Published 30 Dec, 2023 06:28am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (December 29, 2023). ==================================== BR...

Published 30 Dec, 2023 06:28am

SBP terms FY23 ‘extraordinarily challenging’

KARACHI: The fiscal year 2023 was extraordinarily challenging, with a host of external and domestic shocks,...

Updated 30 Dec, 2023 08:16pm

Minister reviews matters related to TDAP, PSM

KARACHI: Federal Minister Commerce, Industries & Production Dr Gohar Ejaz presided over the meeting on matters...

Updated 30 Dec, 2023 04:17pm

Weekly SPI inflation jumps 43.25pc YoY

ISLAMABAD: The Sensitive Price Index (SPI)-based inflation for the week ended 28th December 2023, increased by 43.25...

Published 30 Dec, 2023 06:28am

Coal procurement process: Lucky Commodities lodges complaint with minister

ISLAMABAD: M/s Lucky Commodities is said to have lodged a complaint with caretaker Minister for Power and Petroleum,...

Updated 30 Dec, 2023 08:18pm

‘Insecurity’ persists: Q3 business expectations rise 42pc against Q2: Gallup

KARACHI: Largely negative about their ongoing prospects, the country’s business owners have started gaining...

Updated 30 Dec, 2023 04:19pm

Socioeconomic development: Agriculture holds immense importance: PM

Caretaker premier hails work of ministries and departments for achieving milestones under umbrella of Special Investment Facilitation Council

Updated 30 Dec, 2023 08:17pm

Forging ST returns of registered taxpayers: FTO directs FBR to take action against hackers

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to take action against...

Updated 30 Dec, 2023 03:14pm

Audit selection process for TY11 was transparent: FBR Member

ISLAMABAD: The Federal Board of Revenue (FBR) Member Audit has declared that the audit selection process through...

Updated 30 Dec, 2023 02:54pm

SBP launches ‘SUNWAI’ portal to address complaints

KARACHI: The State Bank of Pakistan (SBP) has launched “SUNWAI”- a facilitative portal for consumer to address their...

Updated 30 Dec, 2023 09:22am

Beneficial owners of companies: PTBA urges FBR to extend deadline

ISLAMABAD: The Pakistan Tax Bar Association (PTBA) has approached the Federal Board of Revenue (FBR) to extend date...

Updated 30 Dec, 2023 10:12am

No gas for industries, CNG stations for 48 hours: SSGC

KARACHI: Sui Southern Gas Company (SSGC) has announced that all industries including their power generation units...

Updated 30 Dec, 2023 10:18am

Alleged violation of laws: Sacked MD of NTC to face disciplinary proceedings

ISLAMABAD: The sacked Managing Director, National Telecommunication Corporation (NTC) is to face disciplinary...

Updated 30 Dec, 2023 08:53am

Poultry sector attains international standards: FCCI

FAISALABAD: Poultry sector in Pakistan has attained international standards and now progressive government policies...

Published 30 Dec, 2023 06:28am

Collection of govt receipts, taxes: Bank branches to remain open today, tomorrow

KARACHI: The State Bank of Pakistan (SBP) has announced opening of concerned branches of all banks for collection of...

Published 30 Dec, 2023 06:28am

Sindh, federal govt to establish industrial park at Steel Mills

KARACHI: Caretaker Sindh Chief Minister Former Justice Maqbool Baqar and Federal Minister for Commerce, Industries...

Published 30 Dec, 2023 06:28am

FBR’s hunt for non-filers

EDITORIAL: It seems FBR (Federal Board of Revenue) is throwing the kitchen sink at non-filers in its latest,...

Published 30 Dec, 2023 06:28am

Money & Banking

Dollar on pace for first yearly loss since 2020

NEW YORK: The dollar is set to end 2023 with its first loss since 2020 against the euro and a basket of currencies ...

Published 30 Dec, 2023 06:28am

Indian rupee falls for sixth straight year

Money & Banking

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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