News Archives for Print - 2024-01-08

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Print - 2024-01-08

ECP secretary steps down due to ‘health issues’

ISLAMABAD: With general polls a month away, a fresh controversy has hit the already beleaguered electoral body...

Updated 08 Jan, 2024 08:32am

Rawalpindi: operation against illegal housing societies stepped up

RAWALPINDI: Rawalpindi Development Authority (RDA), on the directives of the Director General (DG) RDA Muhammad Saif...

Published 08 Jan, 2024 05:23am

Hajj agreement reached with KSA

RIYADH: Pakistan and Saudi Arabia reached the annual Hajj agreement on Sunday. Interim Religious Minister Aneeq ...

Published 08 Jan, 2024 05:23am

Transgenders’ rights

ISLAMABAD: Caretaker Special Assistant to Prime Minister for Human Rights and Women Empowerment Mushaal Mullick said...

Published 08 Jan, 2024 05:23am

Middle East

Libya declares ‘force majeure’ at oilfield amid protests

TRIPOLI: Libya’s state-owned energy firm said on Sunday it had declared a state of “force majeure” at...

Published 08 Jan, 2024 05:23am

Asia

North Korea conducts live-fire drills near maritime border

SEOUL: North Korea conducted live-fire drills on its western coast, Seoul’s military said Sunday, the third...

Published 08 Jan, 2024 05:23am

Europe

Sunak makes election appeal for Britain to ‘stick with’ his plan

LONDON: British Prime Minister Rishi Sunak urged voters and his own party on Sunday to “stick to the plan” for...

Published 08 Jan, 2024 05:23am

South Asia

Death toll of IS-claimed Kabul blast rises to 5

KABUL: The death toll from an attack on a bus in western Kabul claimed by the Islamic State group rose from two to...

Published 08 Jan, 2024 05:23am

Maldives suspends ministers after ‘clown’ jibe against Modi

MALÉ (Maldives): Maldivian President Mohamed Muizzu suspended three deputy ministers on Sunday for making...

Published 08 Jan, 2024 05:23am

Thousands of Rohingya homeless after Bangladesh fire

COX’S BAZAR (Bangladesh): Thousands of Rohingya refugees in Bangladesh have been left without shelter after a...

Published 08 Jan, 2024 05:23am

Amir Sabir elected KPGA president

PESHAWAR: Elections of Khyber Pakhtunkhwa Gymnastics Association (KPGA) held here on Sunday. According to a...

Published 08 Jan, 2024 05:23am

Australian HC meets VC of agri university

FAISALABAD: Australian High Commissioner Neil Hawkins visited the University of Agriculture Faisalabad and called on...

Published 08 Jan, 2024 05:23am

Talented students can apply for participation in ‘Science Olympiads’

ISLAMABAD: The talented Science students can register through the STEM Career Programme for participating in the...

Published 08 Jan, 2024 05:23am

PCB unfolds schedule of Level 1 coaching courses

LAHORE: Former Test fast bowler Fazal-e-Akbar is among the 30 participants who have registered for the four-day ...

Published 08 Jan, 2024 05:23am

BD’s Hasina wins re-election after polls without opposition

DHAKA: Bangladesh’s Prime Minister Sheikh Hasina has won re-election for a fifth term Sunday, officials said,...

Published 08 Jan, 2024 05:23am

Al Jazeera says two Gaza journalists killed in Israeli strike

GAZA STRIP: Al Jazeera on Sunday said two of its Palestinian journalists in the Gaza Strip were killed in an Israeli...

Published 08 Jan, 2024 05:23am

BISP Savings Scheme: landmark step to instil financial independence among vulnerable sections

ISLAMABAD: The newly launched ‘Savings Scheme’ by the internationally acclaimed Benazir Income Support Programme...

Published 08 Jan, 2024 05:23am

707 students appear in KU evening entry test

KARACHI: As many as 707 candidates appeared in the entry test for the BS first year of the BSCS and BSSE (Computer...

Published 08 Jan, 2024 05:23am

All set for Int’l workshop titled ‘ethical research in clinical trials’

ISLAMABAD: Two-day International workshop on ‘Ethical Research in Clinical Trials’ will be held under the...

Published 08 Jan, 2024 05:23am

Balochistan organized 30 major sports events in 2023: official

QUETTA: Director General Sports Department Balochistan, Durra Bloch, said the province has successfully organized...

Published 08 Jan, 2024 05:23am

Bhutto ‘actual possessor’ of Lahore: Bilawal

LAHORE: Chairman Pakistan Peoples Party (PPP), Bilawal Bhutto has said that Bhutto was actual possessor of Lahore...

Published 08 Jan, 2024 05:23am

Six die in Hazara motorway accident

HARIPUR: At least six people died while eight others injured in collision between construction machinery, passenger...

Published 08 Jan, 2024 05:23am

More flights cancelled as fog persists

KARACHI: Air operations remained disrupted on Sunday due to the prevalence of heavy fog in various parts of the...

Published 08 Jan, 2024 05:23am

ITP to facilitate citizens by enhancing licensing mechanism

ISLAMABAD: The Islamabad Traffic Police (ITP) has chalked out plan to enhance the licensing system at traffic...

Published 08 Jan, 2024 05:23am

Govt not utilising available options towards Aafia’s release: Fowzia

ISLAMABAD: “There are many political and legal options available for early release of Dr Aafia Siddiqui from the ...

Published 08 Jan, 2024 05:23am

ECP fully functional: Solangi

ISLAMABAD: Caretaker Federal Minister for Information, Broadcasting and Parliamentary Affairs Murtaza Solangi on...

Published 08 Jan, 2024 05:23am

More than 3,700 appear in LUMHS entrance test

HYDERABAD: More than 3700 students appeared in the entrance test for the session 2023-2024 in various undergraduate...

Published 08 Jan, 2024 05:23am

QNA – a right step?

At the 107 National Accounts Committee (NAC) meeting held on 28 November 2023 approval was given to the introduction...

Published 08 Jan, 2024 05:23am

PDP demands govt ensure security to industrialists

KARACHI: Pasban Democratic Party (PDP) Chairman Altaf Shakoor here Sunday requested the federal and provincial...

Published 08 Jan, 2024 05:23am

Climate change impacting weather conditions

PESHAWAR: Climate change is a global phenomenon impacting the weather conditions of Pakistan and the whole world....

Published 08 Jan, 2024 05:23am

JI condemns resolution seeking poll postponement

PESHAWAR: Provincial Ameer Jamaat-e-Islami (JI) Khyber Pakhtunkhwa and candidate from NA-39 and PK-102 Bannu,...

Published 08 Jan, 2024 05:23am

Medical, dental seats: KP takes up matter with PMDC

PESHAWAR: Khyber Pakhtunkhwa (KP) Caretaker Chief Minister Former Justice Arshad Hussain Shah has said that he had...

Published 08 Jan, 2024 05:23am

Crackdown launched on fake pesticides

LAHORE: The Agricul-ture Department has taken vigorous action against fake pesticides during the year 2023 to ensure...

Published 08 Jan, 2024 05:23am

Fazl discusses Pak-Afghan tensions

KABUL: Jamait Ulema e Islam- Fazal (JUI-F) supremo Maulana Fazlur Rehman and Deputy Prime Minister for Political...

Published 08 Jan, 2024 05:23am

Punjab CM visits children’s hospital

LAHORE: Child Minister Punjab Mohsin Naqvi paid a detailed visit to the Children Hospital in severe cold late at...

Published 08 Jan, 2024 05:23am

Immunization drive begins in Punjab today

LAHORE: The first National Immunization Days (NIDs) of 2024 will commence on Monday (today) all over Punjab,...

Published 08 Jan, 2024 05:23am

Closure of CNG stations: Transporters to start protest from today

PESHAWAR: The suspension of gas supply to CNG stations in Khyber Pakhtunkhwa irked both transporters and owners of...

Published 08 Jan, 2024 05:23am

The Weather

KARACHI: The weather report on Sunday (January 07, 2024) and the forecast for Monday (January 08, 2024)....

Published 08 Jan, 2024 05:23am

Rates

Automart: car prices in Karachi

Rates in the week ended Sunday January 07, 2023

Published 08 Jan, 2024 05:23am

Four dead in Kurram firing

PESHAWAR: At least four persons including a woman and two security guards were killed when unknown armed men opened...

Published 08 Jan, 2024 05:23am

Social media platforms face disruption

ISLAMABAD: Ahead of the virtual fundraising telethon of Pakistan Tehreek-e-Insaf (PTI), social media platforms faced...

Updated 08 Jan, 2024 08:33am

Aviation: the rot deepens

PIA’s financial and operational demise is a known fact, and enough is being discussed in media on its ...

Published 08 Jan, 2024 05:23am

Letters

Internet disruptions, again

It increasingly appears that the current caretaker setup in the country is clearly competing with authoritarian...

Published 08 Jan, 2024 05:23am

Pakistan’s energy use: high inefficiency and distorted consumption

Energy is pivotal for growth, yet Pakistan’s situation is grim. Despite possessing abundant resources, its energy...

Published 08 Jan, 2024 05:23am

Stocks

Wall Street Week Ahead: High market hopes raise stakes as US stocks face inflation data, earnings

NEW YORK: Investors’ hopes are running high to start 2024, which could set up US stocks for a rocky stretch if ...

Published 08 Jan, 2024 05:23am

Stocks

UK stocks log weekly losses, kicking off 2024 on grim note

LONDON: Britain’s main stock indexes snapped a string of weekly gains on Friday, marking a grim start to 2024, as...

Published 08 Jan, 2024 05:23am

Energy

Fesco chief vows timely completion of projects

FAISALABAD: Faisalabad Electric Supply Company (FESCO) administration is striving hard to provide maximum facilities...

Published 08 Jan, 2024 05:23am

Sesame export to China registers 117.85pc increase

BEIJING: Pakistan registered a remarkable surge of 117.85 percent in Sesame seed export to China last year as sesame...

Published 08 Jan, 2024 05:23am

LCCI seeks amendment in SRO 1842(1) 2023

LAHORE: In a bid to address the concerns raised by members of the Lahore Chamber of Commerce & Industry,...

Published 08 Jan, 2024 05:23am

Energy

Peshawar: prices of essential items soar

PESHAWAR: Prices of daily use items, particularly vegetables, food grains, sugar, flour, live chicken/meat, eggs,...

Published 08 Jan, 2024 05:23am

Child domestic labour challenge

EDITORIAL: The issue of child labour in Pakistan has long remained a pressing social concern, reflecting complex...

Published 08 Jan, 2024 05:23am

SIFC making waves

EDITORIAL: The apex committee of the Special Investment Facilitation Council (SIFC), comprising the country’s...

Published 08 Jan, 2024 05:23am

Cotton & Textile

Weekly Cotton Review: Rise in prices amid rising business volumes

KARACHI: Significant rise in cotton prices. The price surged to about Rs 2000, with an increase in the spot rate by...

Published 08 Jan, 2024 05:23am

Commodities

Poultry prices soar in Hazara

ABBOTTABAD: The prices of poultry products particularly chicken in Abbottabad have experienced an unprecedented...

Published 08 Jan, 2024 05:23am

Energy

Gas theft: SNGPL removes 347 more connections

LAHORE: In a relentless effort to curb gas theft, Sui Northern Gas Pipelines Limited (SNGPL) conducted a series of...

Published 08 Jan, 2024 05:23am

Cotton & Textile

Faisalabad Yarn and Fiber Prices

FAISALABAD: Yarn Market Rates on Sunday (January 07, 2024) ============================= 6/S-7/S (COTTON)...

Published 08 Jan, 2024 05:23am

Rates

Another successful week

KARACHI: The rupee managed to post another positive week as it appreciated 0.16% or Re0.46 against the US dollar in...

Published 08 Jan, 2024 05:23am

Determination in first arbitration award: SHPL: CPPA-G/ NTDC advised to fulfil payment commitment

ISLAMABAD: The Attorney General Office has advised CPPA-G/NTDC to honour payment of amounts to Star Hydro Power...

Updated 08 Jan, 2024 11:47am

Reko Diq project: Co asked to share logistic requirements

Company unwilling to use Gwadar Port for the time being

Updated 08 Jan, 2024 01:11pm

FBR takes action against 93 tax personnel

ISLAMABAD: The Federal Board of Revenue (FBR) has taken disciplinary action against 93 tax officials during 2022-23...

Updated 08 Jan, 2024 09:44am

Draft LPG policy aimed at boosting local production finalised

ISLAMABAD: Ministry of Energy (Petroleum Division) has finalised draft of Liquefied Petroleum Gas (LPG) Policy 2024,...

Updated 08 Jan, 2024 09:52am

Solar PV panels: FBR accused of compelling importers to quote higher rates

ISLAMABAD: Pakistan Alternative Energy Association (PAEA) has accused Federal Board of Revenue (FBR) of compelling...

Updated 08 Jan, 2024 09:45am

Gaza: 113 more dead as Israel continues bambardment

GAZA STRIP, Palestinian Territories: The Gaza war raged on into a fourth month on Sunday as the Israeli army pounded...

Updated 08 Jan, 2024 08:32am

Jordan urges US to push for ceasefire

AMMAN: Jordan’s king urged the top United States diplomat on Sunday to push for a ceasefire in the Gaza Strip and an...

Updated 08 Jan, 2024 08:32am

Navy says sea lanes of communication being monitored

ISLAMABAD: Pakistan Navy (PN) is ensuring permanent presence in the Arabian Sea to keep our and international Sea...

Updated 08 Jan, 2024 09:32am

Another importer booked for duty evasion

ISLAMABAD: The Customs Collectorate SAPT, Karachi has booked another importer on evasion of duty on import of...

Updated 08 Jan, 2024 09:34am

Rates

Spread increases by 541bps

KARACHI: The futures spread increased by 541bps to 20.35 percent on the last day of the outgoing week. Trading...

Published 08 Jan, 2024 05:23am

Rates

Bullish trend helps PSX make healthy gains

KARACHI: Pakistan Stock Exchange witnessed bullish trend and recorded healthy gains during the outgoing week ended ...

Published 08 Jan, 2024 05:23am

India forecasts 7.3pc economic growth in 2023/24

NEW DELHI: India forecast annual growth of 7.3 percent in the fiscal year ending in March, the highest rate of any ...

Published 08 Jan, 2024 05:23am

Honda considers $14bn plan for EV production in Canada

BENGALURU: Honda Motor Co is considering building an electric vehicle plant in Canada in a near 2 trillion yen...

Published 08 Jan, 2024 05:23am

Private industry leads America’s first Moon landing since Apollo

CAPE CANAVERAL: The first American spacecraft to attempt to land on the Moon in more than half a century is poised ...

Published 08 Jan, 2024 05:23am

ECB to test banks’ response to cyberattack

FRANKFURT: The European Central Bank said Wednesday it would test lenders’ response to cyberattacks this year in a...

Published 08 Jan, 2024 05:23am

Saudi Arabian companies warn Aramco fuel price hike may curb earnings

DUBAI: Scores of Saudi Arabian companies said their earnings could be dampened this year as production costs will...

Published 08 Jan, 2024 05:23am

Sri Lankan shares end higher led by industrials

BENGALURU: Sri Lankan shares closed higher on Friday, aided by gains in industrials and consumer staples stocks. ...

Published 08 Jan, 2024 05:23am

Money & Banking

Indian rupee ends higher aided by dollar inflows

MUMBAI: The Indian rupee closed stronger on Friday, supported by dollar inflows even as its Asian peers slipped...

Published 08 Jan, 2024 05:23am

Weekahead: Nigerian, Kenyan and Ugandan currencies seen falling

Money & Banking

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 15	280.63
USD PKR Interbank Buying / Apr 15	280.43
USD to Japanese Yen / Apr 15	143.15
USD to Swiss Franc / Apr 15	0.81
Pound Sterling to USD / Apr 15	1.32
Euro to USD / Apr 15	1.14
UK LIBOR % / Apr 14	4.96

Stock	Volume
S&P 500 / Apr 14	5,405.97
Nasdaq / Apr 14	16,831.48
Dow Jones / Apr 14	40,524.79
India Sensex / Apr 15	76,780.06
Tokyo Nikkei / Apr 15	34,267.54
Hang Seng / Apr 15	21,470.46
FTSE 100 / Apr 15	8,209.09
Germany DAX 30 / Apr 15	21,175.70
France CAC40 / Apr 15	7,263.20

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 14	16,785
Gold 10 Grams PKR / Apr 14	290,466
Petrol/Litre / Apr 15	254.63
Crude Oil USD/Barrel / Apr 15	61.77
Gold Spot USD/Ounce / Apr 15	3,224.76
Diesel/Litre / Apr 15	258.64
Cotton US¢/pound / Apr 15	65.75

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Apr 15 PICIC Insurance Limited(PIL)	2.93 ▲ 0.78 (36.28%)
Gulshan Sp. / Apr 15 Gulshan Spinning Mills Limited(GSPM)	3.79 ▲ 0.62 (19.56%)
Escorts Bank / Apr 15 Escorts Investment Bank Limited(ESBL)	6.59 ▲ 0.95 (16.84%)
Tariq Corp.Pref. / Apr 15 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.29 ▲ 0.79 (10.53%)
First Capital Equities / Apr 15 First Capital Equities Limited(FCEL)	4.97 ▲ 0.47 (10.44%)
Sanghar Sugar / Apr 15 Sanghar Sugar Mills Limited(SANSM)	55.51 ▲ 5.05 (10.01%)
Redco Textile / Apr 15 Redco Textiles Limited(REDCO)	25.27 ▲ 2.3 (10.01%)
Tariq Corporation / Apr 15 Tariq Corporation Limited(TCORP)	16.16 ▲ 1.47 (10.01%)
Gammon Pak / Apr 15 Gammon Pakistan Limited(GAMON)	25.60 ▲ 2.33 (10.01%)
Bawany Air Products / Apr 15 Bawany Air Products Limited(BAPL)	34.95 ▲ 3.18 (10.01%)

Stock	Price
Arpak Int. / Apr 15 Arpak International Investments Ltd.(ARPAK)	63 ▼ -7 (-10%)
Aisha Steel(ConPS) / Apr 15 Aisha Steel(ConPS)(ASLPS)	15.11 ▼ -1.51 (-9.09%)
LSE Capital / Apr 15 LSE Capital Limited(LSECL)	5 ▼ -0.5 (-9.09%)
Power Cem(Pref) / Apr 15 Power Cement (Pref)(POWERPS)	13.55 ▼ -1.28 (-8.63%)
First Tri-Star Mod. / Apr 15 First Tri-Star Modaraba(FTSM)	12.03 ▼ -1.04 (-7.96%)
Ruby Textile / Apr 15 Ruby Textile Mills Limited(RUBY)	7.20 ▼ -0.57 (-7.34%)
Philip Morris Pak. / Apr 15 Philip Morris (Pakistan) Limited(PMPK)	1,171 ▼ -90.48 (-7.17%)
Stylers International / Apr 15 Stylers International Limited(STYLERS)	39.30 ▼ -2.7 (-6.43%)
Calcorp Ltd / Apr 15 Calcorp Limited(CASH)	37 ▼ -2.52 (-6.38%)
Janana De Malucho / Apr 15 Janana De Malucho Textile Mills Limited(JDMT)	48.55 ▼ -3.3 (-6.36%)

Stock	Volume
Cnergyico PK / Apr 15 Cnergyico PK Limited(CNERGY)	55,091,076 ▼ -0.18
Pak Int.Bulk / Apr 15 Pakistan International Bulk Terminal(PIBTL)	45,232,730 ▼ -0.25
Sui South Gas / Apr 15 Sui Southern Gas Company Limited(SSGC)	31,842,819 ▼ -0.61
B.O.Punjab / Apr 15 The Bank of Punjab(BOP)	27,341,890 ▼ -0.14
TRG Pak Ltd / Apr 15 TRG Pakistan Limited(TRG)	21,450,408 ▲ 3.76
Dewan Cement / Apr 15 Dewan Cement Limited(DCL)	19,356,973 ▲ 0.22
Pak Elektron / Apr 15 Pak Elektron Limited(PAEL)	17,487,097 ▼ -0.32
Engro Powergen / Apr 15 Engro Powergen Qadirpur Limited(EPQL)	15,435,358 ▲ 0.53
Fauji Foods Ltd / Apr 15 Fauji Foods Limited(FFL)	15,345,048 ▲ 0.53
K-Electric Ltd. / Apr 15 K-Electric Limited(KEL)	13,886,346 ▼ -0.01

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