News Archives for Print - 2024-01-20

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Print - 2024-01-20

Middle East

NAM leaders denounce Israel’s military campaign in Gaza

KAMPALA: Leaders of Non-Aligned Movement (NAM) countries on Friday denounced Israel’s military campaign in Gaza ...

Published 20 Jan, 2024 05:18am

PSW clarification

ISLAMABAD: The Pakistan Single Window (PSW) on Friday categorically clarified that the Federal Board of Revenue ...

Published 20 Jan, 2024 05:18am

Energy

Power: incentive package urged to bridge capacity-utilization gap

ISLAMABAD: “To increase utilization of the idle generation capacity, the government can offer incentives to...

Published 20 Jan, 2024 05:18am

Experts advocate cautious approach to interim Afghan govt

ISLAMABAD: Participants at a consultation on Afghanistan urged Islamabad to continue engaging with the Afghan ...

Published 20 Jan, 2024 05:18am

NCHR and Bank AL Habib join hands to empower women

ISLAMABAD: The National Commission for Human Rights (NCHR) and Bank AL Habib have has signed a Letter of Interest...

Published 20 Jan, 2024 05:18am

Rights activists concerned at sale of nicotine pouches

ISLAMABAD: The sale of nicotine pouches by the tobacco industry in Pakistan is highly hazardous for the public...

Published 20 Jan, 2024 05:18am

SAPM Sohrab meets with Qatari minister

ISLAMABAD: Special Assistant to Prime Minister on Overseas Pakistanis and Human Resource Development (SAPM) Jawad...

Published 20 Jan, 2024 05:18am

AJK PM asks media to play role in promoting the Kashmir cause

ISLAMABAD: Prime Minister Azad Jammu and Kashmir (AJK) Chaudhry Anwarul Haq, while highlighting the critical role of...

Published 20 Jan, 2024 05:18am

Tajpura sports complex inaugurated

LAHORE: A state-of-the-art sports facilities, which are available in areas like Gulberg and Defence, have also been...

Published 20 Jan, 2024 05:18am

Governor reviews affairs of Islamia University Bahawalpur

LAHORE: Chancellor/Punjab Governor Muhammad Balighur Rehman chaired a high-level meeting, here at Governor House...

Published 20 Jan, 2024 05:18am

PML-N to unveil manifesto on 27th

LAHORE: The Pakistan Muslim League-Nawaz (PML-N) will unfold its manifesto for the February 8 general elections in a...

Published 20 Jan, 2024 05:18am

Saudi diplomat meets CM, acknowledges his role in development

LAHORE: The ambassador of Saudi Arabia to Pakistan, Nawaf Bin Saeed Ahmed Al-Malki called on caretaker Chief ...

Published 20 Jan, 2024 05:18am

More grain ships divert from Red Sea after attacks

HAMBURG: Attacks on shipping in the Red Sea region have in past days led to a sharp rise in the number of grain...

Published 20 Jan, 2024 05:18am

Middle East

Houthis say US ship hit in Gulf of Aden attack

SANAA: Yemen’s Houthi rebels claimed another attack on a US ship early Friday, after the United States launched...

Published 20 Jan, 2024 05:18am

Security personnel not allowed to ask voters to prove identity

ISLAMABAD: The security personnel to be deputed on general elections’ duty would not be allowed to ask the voters to...

Updated 20 Jan, 2024 08:29am

Anti-polio worker shot dead in Bajaur

PESHAWAR: An anti-polio worker was shot dead in northwestern Pakistan on Friday, police said, accusing militants who...

Published 20 Jan, 2024 05:18am

Zaka Ashraf quits office of PCB chairman

LAHORE: In a sudden move, Zaka Ashraf Friday announced to resign as chairman and member of the Managing Committee of...

Published 20 Jan, 2024 05:18am

Travel

Global tourism to reach pre-pandemic levels in 2024: UN

MADRID: International tourism levels will be slightly higher than its pre-pandemic levels in 2024 boosted by an...

Published 20 Jan, 2024 05:18am

PMIC takes notice of delays in PSDP projects

ISLAMABAD: Chairman of Prime Minister’s Inspection Commission (PMIC), Brig. Muzaffar Ali Ranjha (retd) has taken...

Updated 20 Jan, 2024 10:08am

South Asia

Modi to open flashpoint temple symbolising his changing India

NEW DELHI: India’s Prime Minister Narendra Modi will on Monday inaugurate a temple that embodies the triumph of ...

Published 20 Jan, 2024 05:18am

Czech court rules Indian man can be extradited to US

PRAGUE: A Czech appeals court has ruled that Prague can extradite to the United States an Indian man accused by the...

Published 20 Jan, 2024 05:18am

De-escalation in interest of both countries: PM

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Friday said that it was in the interest of both countries...

Updated 20 Jan, 2024 05:31pm

NSC vows to protect, preserve country’s territorial integrity

ISLAMABAD: The National Security Committee (NSC) on Friday expressed the resolve that the sovereignty and ...

Published 20 Jan, 2024 05:18am

Middle East

Iran launches air defence drill

TEHRAN: Iran said on Friday that it successfully carried out an air defence drill using drones designed to intercept...

Published 20 Jan, 2024 05:18am

Youths urged to focus on start-ups

FAISALABAD: Youth must exploit their capabilities to explore new horizons instead of treading on the beaten tracks,...

Published 20 Jan, 2024 05:18am

Unity Foods gets top edible oil importer award

KARACHI: Unity Foods was honored as the top importer of edible oil in Pakistan for the year 2023 during the 6th...

Published 20 Jan, 2024 05:18am

SMAP for transformative power of AI

KARACHI: Qasim Yaqoob Paracha, Acting Chairman of the Salt Manufacturers Association of Pakistan (SMAP), underscores...

Published 20 Jan, 2024 05:18am

RO directed to decide Qaisera Elahi’s plea

LAHORE: The Lahore High Court on Friday directed the returning officer (RO) of NA-64 and PP-32 Gujrat to decide an...

Published 20 Jan, 2024 05:18am

Kundi praises Bilawal for public welfare manifesto

ISLAMABAD: Pakistan People’s Party (PPP) Information Secretary Faisal Karim Kundi said that “Bilawal...

Published 20 Jan, 2024 05:18am

Hearing of Nikkah case against IK adjourned

RAWALPINDI: A local court adjourned the hearing of Nikkah case against Khan and his wife without a hearing after the...

Published 20 Jan, 2024 05:18am

‘Excise at your doorstep’ service launched in Lahore

LAHORE: To provide vehicle registration and transfer facilities to the citizens at their homes, the Punjab excise,...

Published 20 Jan, 2024 05:18am

Health, heritage preservation: Experts advocate integrated approach

HYDERABAD: The 1st three-day international conference titled “Exploring the Effects of Urbanization, Disasters and...

Published 20 Jan, 2024 05:18am

Dense foggy weather to stay

KARACHI: The dense foggy weather gripping the country's plains is likely to run into next week, as the Met Office on...

Published 20 Jan, 2024 05:18am

Convicted criminal imposed on nation: IK

ISLAMABAD: The founding chairman of Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Friday said that Feb 08 is a day to...

Published 20 Jan, 2024 05:18am

All Pakistan IEEEP students seminar held

KARACHI: Sir Syed University of Engineering and Technology (SSUET) in collaboration with the Institution of...

Published 20 Jan, 2024 05:18am

The Weather

KARACHI: The weather report on Friday (January 19, 2024) and the forecast for Saturday (January 20 2024)...

Published 20 Jan, 2024 05:18am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (January 19, 2024). ========================== KIBOR...

Published 20 Jan, 2024 05:18am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (January 19, 2024). ==================================== BR...

Published 20 Jan, 2024 05:18am

Bilawal explains party’s manifesto

LIAQUATPUR: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari said that his party would end the Rs1500...

Published 20 Jan, 2024 05:18am

Iddat case: Trial court barred from recording statements of witnesses

ISLAMABAD: The Islamabad High Court (IHC), Friday, barred the trial court from recording statements of witnesses...

Published 20 Jan, 2024 05:18am

Al-Qadir Trust case: AC defers indictment of IK, Bushra again

ISLAMABAD: An Accountability Court on Friday again deferred the indictment of Pakistan Tehreek-e-Insaf (PTI) Founder...

Published 20 Jan, 2024 05:18am

‘Missing persons’: Issue has to be resolved by govt, not court: IHC

ISLAMABAD: The Islamabad High Court (IHC) remarked that instead of the court, the government has to resolve the ...

Published 20 Jan, 2024 05:18am

Govt urges SC to set aside IHC’s judgment on trial of IK inside jail

ISLAMABAD: The interim government prayed to the Supreme Court to set aside the Islamabad High Court (IHC)’s...

Published 20 Jan, 2024 05:18am

The rampant energy theft

Pak-Arab Refinery Company (PARCO) reported this week an incident of oil theft that purportedly took place at a...

Updated 20 Jan, 2024 05:56am

What actually constitutes ‘a level playing field’?

A level playing field is the buzzword these days. This is being used by all and sundry from the critics of the...

Updated 20 Jan, 2024 05:58am

Letters

Sanity gains ground

It is heartening to note that sanity has gained ground across the border without any delay as both Iran and Pakistan...

Published 20 Jan, 2024 05:18am

PARTLY FACETIOUS: Rock is Biden and the hard place could well be Trump

“I reckon there is extremely poor leadership on display.” “Hey, when you are between a rock and a hard place,...

Published 20 Jan, 2024 05:18am

MEME’s first flagship store opens in Karachi

KARACHI: As the grand opening of MEME’s flagship store in the heart of Karachi’s Dolmen Mall, Clifton unfolded,...

Published 20 Jan, 2024 05:18am

Stocks

Chips, megacaps steer gains on Wall Street

NEW YORK: US stocks rose on Friday, with the benchmark S&P 500 on course to closing at its highest level, ...

Published 20 Jan, 2024 05:18am

Stocks

European shares clock weekly declines as rate-cut euphoria fades

PARIS: European shares logged weekly declines on Friday, as investors tempered their expectations around major...

Published 20 Jan, 2024 05:18am

Stocks

China, HK stocks decline as gloomy outlook deters investors

HONG KONG: Chinese and Hong Kong stocks fell on Friday after rebounding from five-year lows in the previous session,...

Published 20 Jan, 2024 05:18am

Stocks

IT bump not enough for Indian shares to shrug off HDFC Bank-led weakness

BENGALURU: Indian IT stocks helped the benchmark indexes close higher on Friday, but not by enough to avoid a weekly...

Published 20 Jan, 2024 05:18am

Textile group: H1FY24 exports down 4.97pc to $8.283bn YoY

The total exports in December 2023 were $2.822 billion (provisional)

Updated 20 Jan, 2024 05:22pm

Trade settlement in Chinese RMB soars 600pc

ISLAMABAD: Pakistan’s trade settlement in Chinese RMB has increased by 600 percent, ie, from 2 percent in 2018 to...

Updated 20 Jan, 2024 05:29pm

Revamp ‘fait accompli’, Shamshad tells FBR managers

ISLAMABAD: After a marathon meeting with the Federal Board of Revenue (FBR) officials at the FBR House on Friday,...

Updated 20 Jan, 2024 05:31pm

Nepra renews distribution and supplier licence to KE

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has renewed power distribution and supplier...

Updated 20 Jan, 2024 05:31pm

Dasu transmission line contracts: Ali pledges to conduct ‘fair inquiry’

ISLAMABAD: Caretaker Minister for Power and Petroleum, Muhammad Ali, has reportedly given his pledge to the Turkish...

Updated 20 Jan, 2024 05:32pm

Rates

PSX snaps meltdown

KARACHI: Pakistan Stock Exchange on Friday witnessed a positive trend and closed in green zone on the back of fresh...

Published 20 Jan, 2024 05:18am

Jilani tells Turkish FM: No interest in ‘escalation’

ISLAMABAD: Foreign Minister of Turkiye Hakan Fidan on Friday telephoned Caretaker Foreign Minister Jalil Abbas...

Updated 20 Jan, 2024 08:20am

Pakistan, Iran agree to end stand-off

ISLAMABAD: Pakistan and Iran have agreed to deescalate the situation and move towards normalization of ties after...

Updated 20 Jan, 2024 10:09am

Weekly SPI inflation jumps 44.64pc YoY

ISLAMABAD: The Sensitive Price Index (SPI) inflation increased by 44.64 percent year-on-year basis due to an ...

Published 20 Jan, 2024 05:18am

SECP, ADB to host workshop on ‘Women in Finance Thought Leaders’

ISLAMABAD: The Securities and Exchange of Pakistan and the Asian Development Bank are partnering to host a “Women...

Published 20 Jan, 2024 05:18am

Commodities

Gold prices rise

KARACHI: Gold prices on Friday regained a sizeable value on the local market but silver prices were unchanged,...

Published 20 Jan, 2024 05:18am

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 20 Jan, 2024 05:18am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (January ...

Published 20 Jan, 2024 05:18am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (January 19, 2024). ======================== Open Bid ...

Published 20 Jan, 2024 05:18am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (January 19, 2024)....

Published 20 Jan, 2024 05:18am

Energy

NTDC BoDs accepts resignation of Banatwala

ISLAMABAD: The Board of Directors of National Transmission & Despatch Company Limited (NTDC) on Friday accepted...

Published 20 Jan, 2024 05:18am

Insulin shortage

EDITORIAL: Is it any surprise that the country faces shortage of high-quality insulin, especially since the...

Published 20 Jan, 2024 05:18am

India-Maldives relations – increasing acrimony

EDITORIAL: Recent years have seen India’s relations with most of its neighbours going through considerable strain....

Published 20 Jan, 2024 05:18am

Mari Ghazij: MPCL announces successful drilling of another appraisal well

KARACHI: Mari Petroleum Company Limited (MPCL) has announced successful drilling of another appraisal well in Mari...

Published 20 Jan, 2024 05:18am

TIOs urged to take on board views of FPCCI on trade data, sectoral potential

KARACHI: Atif Ikram Sheikh, President FPCCI, has said that the 40 newly-appointed trade & investment officers...

Published 20 Jan, 2024 05:18am

Energy

SSGC clarifies

KARACHI: Sui Southern Gas Company (SSGC) is releasing this press statement to provide clarity and to address some...

Published 20 Jan, 2024 05:18am

‘Disparity between wealthy & impoverished is swiftly widening’

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian...

Published 20 Jan, 2024 05:18am

Mastercard extends partnership with UBL

KARACHI: Mastercard and UBL have renewed its strategic business partnership focused on the issuance of debit cards ...

Published 20 Jan, 2024 05:18am

LCCI says concerned at withdrawal of ‘PM’s relief package’

LAHORE: The Lahore Chamber of Commerce and Industry while expressing grave concern over withdrawal of Prime Minister...

Published 20 Jan, 2024 05:18am

2nd day of E&H Show 2024: Pakistan-Africa trade ties highlighted

LAHORE: The 2nd day of the Engineering and Healthcare Show 2024 witnessed constructive dialogues as delegations from...

Published 20 Jan, 2024 05:18am

Cotton & Textile

Cotton market remains firm with satisfactory volume

LAHORE: The local cotton market on Friday remained firm and the trading volume remained satisfactory. Cotton Analyst...

Published 20 Jan, 2024 05:18am

Energy

Japan’s lunar craft lands successfully but can’t generate solar power

TOKYO: Japan on Saturday became the fifth country to put a spacecraft on the moon but the probe was not generating...

Published 20 Jan, 2024 05:18am

Jul-Dec: Petroleum group imports down 13.78pc YoY

ISLAMABAD: Petroleum group imports witnessed a negative growth of 13.78 per cent during the first half...

Updated 20 Jan, 2024 08:30am

Talk in Davos of ‘high for longer’ as CEOs wrestle with rates

DAVOS: Business leaders and financiers in Davos this week said they are preparing for “high for longer” ...

Published 20 Jan, 2024 05:18am

Industry

ACCA research reveals three main challenges in SMEs sector

KARACHI: A new research from the Association of Chartered Certified Accountants (ACCA) titled SMEs: Business...

Published 20 Jan, 2024 05:18am

Industry

PAJCCI discusses Afghan border closure issue with KP CM

ISLAMABAD: The caretaker Chief Minister Khyber Pakhtunkhwa, Justice Syed Arshad Hussain Shah (retd) has assured all...

Published 20 Jan, 2024 05:18am

Money & Banking

Dollar poised for weekly gain as rate cut hopes fade

NEW YORK: The US dollar advanced on Friday and was poised for a weekly gain, as recent economic data and comments...

Published 20 Jan, 2024 05:18am

Money & Banking

Asian FX logs weekly losses

BENGALURU: Most Asian currencies were set to weaken against the dollar for the week as upbeat economic indicators...

Published 20 Jan, 2024 05:18am

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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