News Archives for Print - 2024-01-17

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Print - 2024-01-17

Pakistan condemns airspace violation by Iran

ISLAMABAD: Iran claimed to have launched attacks on Pakistan-based “headquarters” of Jaish al-Adl, a group...

Published 17 Jan, 2024 06:02am

Israel pounds Gaza as fears grow of widening war

GAZA STRIP, (Palestinian Territories): Israel pummelled southern Gaza on Tuesday, killing dozens, even as ...

Published 17 Jan, 2024 06:02am

Donald Trump in court for second defamation trial after Iowa victory

NEW YORK: Fresh off a campaign victory in Iowa, Donald Trump sat in a New York courtroom on Tuesday to defend ...

Published 17 Jan, 2024 06:02am

Europe

Fujitsu says morally obliged to compensate wronged UK postmasters

LONDON: Fujitsu has a moral obligation to help compensate UK postmasters wrongly convicted because of a bug in its...

Published 17 Jan, 2024 06:02am

Europe

Domestic violence victims qualify for refugee status: EU court

SOFIA: Women victims of domestic violence in their country of origin qualify for refugee status or a similar...

Published 17 Jan, 2024 06:02am

Asia

China warns Philippines not to ‘play with fire’ over president’s Taiwan remarks

BEIJING/MANILA: China summoned the ambassador from the Philippines on Tuesday and warned the country “not to play...

Published 17 Jan, 2024 06:02am

Polish truckers reach deal with govt

WARSAW: Polish truckers who have blockaded some border crossings with Ukraine since November have reached an...

Published 17 Jan, 2024 06:02am

Hearing on contempt of ECP against IK adjourned till 24th

ISLAMABAD: A four-member panel headed by Election Commission of Pakistan (ECP)’s Member Sindh on Tuesday adjourned...

Published 17 Jan, 2024 06:02am

KE maintenance work at Civic Center Grid today

KARACHI: KE will be undertaking a critical maintenance activity at Civic Center Grid on Wednesday (today), January...

Published 17 Jan, 2024 06:02am

KP imposes ban on e-cigarettes to minors, in vicinity of educational institutions

PESHAWAR: In a landmark development, Khyber Pakhtunkhwa has imposed section 144 to ban storage, sale and use of...

Published 17 Jan, 2024 06:02am

Navy establishes free medical camp in coastal areas

KARACHI: In continuation to efforts for uplifting to provide standard health facilities along the coastal areas of...

Published 17 Jan, 2024 06:02am

Pakistani national appointed as member of Albania’s NEC

ISLAMABAD: Prime Minister of Albania Edi Rama has appointed a Pakistani national, Tahseen Sayed, as a member of the...

Published 17 Jan, 2024 06:02am

PFA shuts down 371 food points

LAHORE: The Punjab Food Authority (PFA) during last one month inspected more than 92,600 food business operators...

Published 17 Jan, 2024 06:02am

‘PML-N should present its manifesto first’

ISLAMABAD: Deputy Information Secretary Pakistan People’s Party (PPP) Palwasha Khan claimed that Pakistan Muslim...

Published 17 Jan, 2024 06:02am

Sherpao asks govt to reopen Torkham border

PESHAWAR: Qaumi Watan Party (QWP) Chairman Aftab Ahmad Khan Sherpao on Tuesday said that the closure of the Torkham...

Published 17 Jan, 2024 06:02am

DIGP Traffic assures HCSTSI: Solving traffic problems top priority

HYDERABAD: Deputy Inspector General of Police, Traffic Hyderabad Range Fida Hussain Mastoi visited the Hyderabad...

Published 17 Jan, 2024 06:02am

Hamdard Pakistan: Aspiring to Guide the Nation Towards Self-Reliance

Self-reliance and supporting local manufacturing are pivotal for fostering economic stability and sustainability. By...

Published 17 Jan, 2024 06:02am

‘Make in Pakistan’:Need to turn it into reality

Our generation grew up listening to fancy slogans of promoting ‘Make in Pakistan’, achieving Self-reliance and...

Published 17 Jan, 2024 06:02am

Advocating for Equal Opportunities: Establish Fair Trade Policies Among All Export Sectors and Not Just Five

It is a fact little known to the masses that when Pakistan got independence in August 1947, we inherited a marginal ...

Published 17 Jan, 2024 06:02am

Make in Pakistan: The government's role is pivotal in creating an enabling environment

As Pakistan navigates the economic landscape, the emphasis on self-reliance through the promotion of indigenous...

Published 17 Jan, 2024 06:02am

The Weather

KARACHI: The weather report on Tuesday (January 16, 2024) and the forecast for Wednesday (January 17, 2024)...

Published 17 Jan, 2024 06:02am

PIDE moot: Speakers for granting financial, planning autonomy to LBs

ISLAMABAD: Speakers at a seminar while calling for granting financial and planning autonomy to locally-elected ...

Published 17 Jan, 2024 06:02am

LDA demolishes 8 illegal constructions

LAHORE: In an operation against illegal constructions, the Lahore Development Authority (LDA) demolished eight...

Published 17 Jan, 2024 06:02am

SECP, UN Women Pakistan to host symposium on 23rd

ISLAMABAD: The Securities and Exchange of Pakistan (SECP), in partnership with UN Women Pakistan, all set to host a...

Published 17 Jan, 2024 06:02am

‘May 9’ case: Sh Rashid arrested as ATC dismisses his bail plea

RAWALPINDI: Police on Tuesday arrested Awami Muslim League (AML) chief Sheikh Rashid Ahmed after Anti-Terrorism ...

Published 17 Jan, 2024 06:02am

US envoy, Air Chief for fortifying ties

ISLAMABAD: US Ambassador to Pakistan Donald Blome called on Air Chief Marshal Zaheer Ahmed Baber Sidhu, Chief of the...

Published 17 Jan, 2024 06:02am

PTI’s Gohar puts his weight behind Marwat

ISLAMABAD: The former chairman of Pakistan Tehreek-e-Insaf (PTI) Barrister Gohar Ali Khan on Tuesday threw his ...

Published 17 Jan, 2024 06:02am

PTI rejects contents of SCBA-PBC presser

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Tuesday rejected the contents of the “political presser” by the...

Published 17 Jan, 2024 06:02am

JI demands ECP cancel electoral symbols of PML-N and PPP

KARACHI: Jamaat-e-Islami (JI) on Tuesday demanded of the Election Commission to cancel the electoral symbols of the...

Published 17 Jan, 2024 06:02am

Tough contest expected on all 5 NA constituencies of Peshawar

PESHAWAR: A tough contest is expected on all five National Assembly and 12 provincial assembly constituencies of the...

Published 17 Jan, 2024 06:02am

Nida Dar among 13 who took part in female umpires’ induction course

LAHORE: Pakistan women’s team captain Nida Dar and former international women cricketer Sukhan Faiz were among the...

Published 17 Jan, 2024 06:02am

CCPO Lahore reviews performance of Iqbal Town, Saddar Divisions & Gulberg Circle

LAHORE: Capital City Police Officer Lahore Bilal Siddique Kamyana chaired a review meeting at his office to assess...

Published 17 Jan, 2024 06:02am

Agriculture and Allied

Punjab Agri Strategic Plan (2024-34): recommendations submitted

LAHORE: Punjab Agriculture Strategic Plan (2024-34) recommendations were submitted in the third meeting of the plan...

Published 17 Jan, 2024 06:02am

149 fertilizer dealers arrested over overcharging

LAHORE: Chief Secretary Punjab Zahid Akhtar Zaman has directed that the sale of fertilizer should be continued under...

Published 17 Jan, 2024 06:02am

Maryam vows to restart journey of development

LAHORE: Pakistan Muslim League-Nawaz (PML-N) Senior Vice President and Chief Organiser Maryam Nawaz has expressed...

Published 17 Jan, 2024 06:02am

Up-gradation of hospitals: CM reviews progress

LAHORE: The caretaker Chief Minister Punjab Mohsin Naqvi inspected the up-gradation work of Ganga Ram Hospital and...

Published 17 Jan, 2024 06:02am

Senate resolutions seeking postponement of polls unconstitutional: Siraj

LAHORE: Chief of Jamaat-e-Islami Sirajul Haq has denounced the Senate resolutions calling for a delay in elections,...

Published 17 Jan, 2024 06:02am

President for sharing latest scientific breakthroughs

ISLAMABAD: President Dr Arif Alvi said that there is a need to share the latest scientific breakthroughs, ...

Published 17 Jan, 2024 06:02am

Disqualification in Toshakhana reference: PTI urges SC to fix IK’s plea for early hearing

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) on Tuesday prayed before the Supreme Court to fix former prime ...

Published 17 Jan, 2024 06:02am

‘Millat Tractors Vendors Conference 2024’ held

LAHORE: Celebrating their engineering success, Millat Tractor Limited hosted a grand “Vendors Conference 2024” ...

Published 17 Jan, 2024 06:02am

Babar Ayaz passes away

ISLAMABAD: Senior journalist and author Babar Ayaz, breathed his last on Tuesday after a prolonged battle with...

Published 17 Jan, 2024 06:02am

Jilani to attend NAM Summit in Kampala today

ISLAMABAD: Caretaker Foreign Minister Jalil Abbas Jilani left for Kampala, Uganda on a week-long official visit from...

Published 17 Jan, 2024 06:02am

IIAP sees record passenger flow in 2023

KARACHI: Islamabad International Airport (IIAP) has recorded its highest passenger flow ever in 2023, with a ...

Published 17 Jan, 2024 06:02am

KMC lands: land dept asked to remove encroachments

KARACHI: Mayor Barrister Murtaza Wahab Tuesday said the Land Department should take immediate action to get rid of...

Published 17 Jan, 2024 06:02am

Govt’s non-developmental/recurring expenditure: Senate body may take up issue of ways, means

ISLAMABAD: A meeting of the Senate Standing Committee on Finance is likely to take up the issue of ways and means to...

Published 17 Jan, 2024 06:02am

CM expresses displeasure at deteriorating law & order in Sindh

KARACHI: Caretaker Sindh Chief Minister Former Justice Maqbool Baqar has said that he is distressed by the recent...

Published 17 Jan, 2024 06:02am

Counterfeits cost Europe 16bn euros each year: agency

PARIS: Counterfeit products — mainly clothes — cost the European economy 16 billion euros a year and result in...

Published 17 Jan, 2024 06:02am

Auto Show held by AIRBFT at Isra University

HYDERABAD: On the direction of the honorable Vice Chancellor, Dr. Ahmed Waliullah Kazi, the Office of Research,...

Published 17 Jan, 2024 06:02am

Bail applications of IK and Bushra Bibi adjourned till 30th

ISLAMABAD: A local court, on Tuesday, adjourned the hearing of bail applications of Pakistan Tehreek-e-Insaf (PTI)...

Published 17 Jan, 2024 06:02am

Call for combating AIDS, TB, and Malaria

ISLAMABAD: The federal secretary Ministry of National Health Services and Regulations has emphasised the need for a...

Published 17 Jan, 2024 06:02am

Rates

Stocks end deep in the red

KARACHI: Pakistan Stock Exchange on Tuesday witnessed a bearish trend and closed in deep red due to heavy selling on...

Published 17 Jan, 2024 06:02am

COAS heaps praise on POF Wah

RAWALPINDI: Chief of Army Staff (COAS) General Syed Asim Munir visited Pakistan Ordnance Factories (POF) Wah on...

Published 17 Jan, 2024 06:02am

IK, wife indicted in Iddat case

ISLAMABAD: A local court, on Tuesday, indicted Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan and his wife Bushra...

Published 17 Jan, 2024 06:02am

PBC, SCBA hit out at PTI for targeting judges

ISLAMABAD: Pakistan Bar Council (PBC) and Supreme Court Bar Association (SCBA) vowed not to tolerate uncalled-for...

Published 17 Jan, 2024 06:02am

Imran hints at ‘Plan C’

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founder and former prime minister Imran Khan on Tuesday said that “we have...

Updated 17 Jan, 2024 08:44am

PPP chairman steps up his attack on beleaguered PTI

RATODERO: Bilawal Bhutto Zardari on Tuesday said “we didn’t think [about the consequences] when we were having a...

Published 17 Jan, 2024 06:02am

15 cases of JN.1 Covid variant detected

ISLAMABAD: Federal Minister for National Health Services and Regulations, Tuesday, confirmed Pakistan has detected...

Published 17 Jan, 2024 06:02am

PARTLY FACETIOUS: The iconic ‘bat’ symbol

“So a review petition in the Supreme Court on taking away the bat symbol.” “Yep, and that reminds me what is...

Published 17 Jan, 2024 06:02am

AI-powered learning

The time has come to revolutionize our education system by replacing traditional school, college, university and...

Published 17 Jan, 2024 06:02am

How online business ventures can help deal with unemployment challenge

Business closures, downsizing, joblessness, recession, industry decline, market saturation, shutdowns, ...

Published 17 Jan, 2024 06:02am

Letters

Federal safety valve malfunctioning

The Election Commission of Pakistan (ECP) deserves praise for declining to act on a yet another Senate of Pakistan...

Published 17 Jan, 2024 06:02am

Does Pakistan need copper?

The Business Recorder of January 08, 2024, carried a headline ‘Co asked to share logistic requirements for Reko Diq...

Updated 17 Jan, 2024 02:33pm

Stocks

Wall Street slips as big banks slide

NEW YORK: Wall Street’s main indexes fell on Tuesday after mixed earnings from Morgan Stanley and Goldman Sachs...

Published 17 Jan, 2024 06:02am

Stocks

European shares slip as interest rate-cut enthusiasm abates

PARIS: European shares fell on Tuesday as investors reined in expectations of early interest rate cuts following...

Published 17 Jan, 2024 06:02am

Stocks

China stocks rise as investors await GDP data

SHANGHAI: China stocks ended higher on Tuesday as investors awaited annual economic growth data due out on Wednesday...

Published 17 Jan, 2024 06:02am

Stocks

IT drags Indian shares after recent rally

BENGALURU: Indian shares fell on Tuesday, dragged by a pullback in high-weightage IT stocks after a recent rally,...

Published 17 Jan, 2024 06:02am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 98,533 tonnes of cargo comprising 52,339 tonnes of import cargo and 46,194...

Published 17 Jan, 2024 06:02am

Rates

LME official prices

LONDON: The following were Monday official prices. ========================================= ALUMINIUM...

Published 17 Jan, 2024 06:02am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Tuesday (January 16, 2024). ========================== KIBOR...

Published 17 Jan, 2024 06:02am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (January 16, 2024)....

Published 17 Jan, 2024 06:02am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (January 16, 2024). ==================================== BR...

Published 17 Jan, 2024 06:02am

Energy

FESCO staff directed to remain alert at installations

FAISALABAD: Chief Executive Officer (CEO) Faisalabad Electric Supply Company (FESCO) Engr Muhammad Amir has issued...

Published 17 Jan, 2024 06:02am

Commodities

Prices: provinces, ICT asked to curtail wholesale-retail gap

ISLAMABAD: The Caretaker Minister for Planning, Development and Special Initiatives, Muhammad Sami Saeed has ...

Published 17 Jan, 2024 06:02am

Energy

LNG shipments ‘will be affected’ by Red Sea attacks: Qatar PM

DAVOS (Switzerland): Liquefied natural gas shipments will be affected by tensions in the Red Sea, Qatar’s prime...

Published 17 Jan, 2024 06:02am

Commodities

Gold prices slip

KARACHI: Gold prices on Tuesday saw a little decline on the local market but silver was steady, traders said. Gold...

Published 17 Jan, 2024 06:02am

Energy

Oil falls as investors focus on Middle East, interest rates

HOUSTON: Oil prices edged lower on Tuesday as investors weighed the impact of tensions in the Middle East against a...

Published 17 Jan, 2024 06:02am

Commodities

Japan rubber futures snap 3-day rally on profit-taking

SINGAPORE: Japanese rubber futures ended lower on Tuesday, snapping a three-day rally and sliding from a 7-week high...

Published 17 Jan, 2024 06:02am

Commodities

Malaysian palm oil futures gain

KUALA LUMPUR: Malaysian palm oil futures rose on Tuesday, driven by top importer India’s move to allow edible oil...

Published 17 Jan, 2024 06:02am

Commodities

Dalian iron ore easier

HANOI: Iron ore futures prices in China posted its eighth consecutive decline on Tuesday as China’s decision to...

Published 17 Jan, 2024 06:02am

Commodities

Gold dips on strong US dollar

BENGALURU: Gold prices slid on Tuesday, pressured by a firm US dollar and Treasury yields, while investors eyed...

Published 17 Jan, 2024 06:02am

Commodities

Copper prices decline

LONDON: Copper prices dipped on Tuesday, pressured by a buoyant dollar, but losses were curbed by fresh hopes for...

Published 17 Jan, 2024 06:02am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday, (January 16, 2024)...

Published 17 Jan, 2024 06:02am

Cotton & Textile

Cotton market: Trading volume remains low

LAHORE: The local cotton market on Tuesday remained steady and the trading volume remained low. Cotton Analyst...

Published 17 Jan, 2024 06:02am

Commodities

Soybeans, corn steady after falling to multi-year lows on ample supply

CANBERRA: Chicago corn and soybean futures regained some ground on Tuesday after data showing strong US production...

Published 17 Jan, 2024 06:02am

Commodities

PMEX daily trading report

KARACHI: On Monday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 9.880 ...

Published 17 Jan, 2024 06:02am

Cotton & Textile

Faisalabad Yarn and Fiber Prices

FAISALABAD: Yarn Market Rates on Tuesday (January 16, 2024) =========================== 6/S-7/S (COTTON)...

Published 17 Jan, 2024 06:02am

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 17 Jan, 2024 06:02am

Forex

Open market rates of foreign currencies

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

Published 17 Jan, 2024 06:02am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Tuesday (January 16, 2024). ======================== Open Bid...

Published 17 Jan, 2024 06:02am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (January 16, 2024)....

Published 17 Jan, 2024 06:02am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (January 16, 2024)...

Published 17 Jan, 2024 06:02am

Paper

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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