News Archives for Print - 2024-01-29

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Print - 2024-01-29

Niger, Mali and Burkina Faso quit ECOWAS regional bloc

NIAMEY/BAMAKO: Three West African junta-led states Niger, Mali and Burkina Faso said on Sunday they are immediately...

Published 29 Jan, 2024 04:37am

Western nations call Kosovo to postpone ban on Serbian dinar

PRISTINA: Five Western democracies on Sunday called Pristina to suspend enforcement of a regulation which ...

Published 29 Jan, 2024 04:37am

South Asia

Iran offers condolences to Pakistan over killing of nine labourers

ISLAMABAD: Iran has offered condolences to Pakistan over the killing of nine of its labourers on its soil. Iranian...

Published 29 Jan, 2024 04:37am

HBL PSL 9 from Feb 17: Fans to nominate personalities under ‘Hamaray Heroes’ initiative

LAHORE: Pakistan cricket fans will have an opportunity to nominate their favourite personalities, who will be...

Published 29 Jan, 2024 04:37am

Two injured Pakistanis in Iran to be discharged soon: envoy

ISLAMABAD: Pakistan’s Ambassador to Iran Muhammad Mudassir said on Sunday two Pakistanis injured in a terror...

Published 29 Jan, 2024 04:37am

Action against drug peddlers demanded

KARACHI: Irked over increasing drug addiction among the area youth, the residents of Landhi’s Shah Faisal...

Published 29 Jan, 2024 04:37am

Sindh govt believes in freedom of expression, says minister

KARACHI: Sindh caretaker Minister for Information, Minorities Affairs and Social Protection, Muhammad Ahmed Shah, ...

Published 29 Jan, 2024 04:37am

Hajj, Umrah: governor says will bear expenses of people aged 75 years and over

KARACHI: Governor Sindh Kamran Khan Tessori has announced to bear expanses of Hajj and Umrah for persons above 75...

Published 29 Jan, 2024 04:37am

PM’s Talent Hunt Sports League organises judo trials for male and female sportspersons

HYDERABAD: Male and Female Judo Trial organized under the Prime Minister Talent Hunt Sports League has concluded at...

Published 29 Jan, 2024 04:37am

AJK receives first snowfall

MIRPUR: With the much-awaited rains in plains and snowfall on upper reaches, the dry spell that persisted in Azad...

Published 29 Jan, 2024 04:37am

Female Afghan refugees: HEC invites applications for DAAD-funded master’s degree scholarship

ISLAMABAD: Higher Education Commission (HEC) of Pakistan has invited applications for the German Academic Exchange...

Published 29 Jan, 2024 04:37am

One killed as speeding car plunges into Lahore Canal

LAHORE: Tragedy struck Lahore’s peaceful Sunday morning as a speeding car plunged into the Lahore Canal, claiming...

Published 29 Jan, 2024 04:37am

RPO Faisalabad asks police to combat crime

FAISALABAD: Maintenance of Law and order situation is prime focus of police and effective patrolling is essential to...

Published 29 Jan, 2024 04:37am

Hammad Azhar says his father arrested ahead of party rally

LAHORE: Pakistan Tehreek-e-Insaf leader Hammad Azhar said on Sunday that his father has been arrested from Lahore...

Published 29 Jan, 2024 04:37am

US, China to hold meeting on fentanyl precursor chemicals this week

WASHINGTON: The first joint meeting of a US-China working group on fentanyl precursor chemicals will be held on...

Published 29 Jan, 2024 04:37am

Asia

Marcos, Duterte supporters rally in Philippines as family rift deepens

MANILA: Thousands of supporters of Philippine President Ferdinand Marcos and his predecessor Rodrigo Duterte ...

Published 29 Jan, 2024 04:37am

US, Israel, Egypt, Qatar officials in Gaza talks in Paris

PARIS: The head of the US Central Intelligence Agency as well as top Egyptian, Qatari and Israeli officials were in...

Published 29 Jan, 2024 04:37am

Thailand and China sign mutual visa exemption

BANGKOK: Thailand and China on Sunday signed off on a visa waiver agreement at talks between their foreign ministers...

Published 29 Jan, 2024 04:37am

One dead after armed assault on Catholic church in Istanbul

ISTANBUL: One man died after armed assailants opened fire in an Italian church in Istanbul during Sunday mass in an...

Published 29 Jan, 2024 04:37am

South Asia

Iran simultaneously launches three satellites

DUBAI: Iran simultaneously launched three satellites for the first time on Sunday using the Simorgh (Phoenix)...

Published 29 Jan, 2024 04:37am

South Asia

Iran Guards seize foreign vessel carrying ‘smuggled’ fuel

TEHRAN: Iran’s Revolutionary Guards seized Sunday a foreign oil tanker carrying around two million litres of...

Published 29 Jan, 2024 04:37am

Asia

N Korea fires several cruise missiles: Seoul military

SEOUL: North Korea fired several cruise missiles on Sunday, Seoul’s military said, the latest in a series of...

Published 29 Jan, 2024 04:37am

South Asia

India’s united opposition faces major setback

MUMBAI: A key regional leader broke away from India’s opposition alliance on Sunday and was set to join hands ...

Published 29 Jan, 2024 04:37am

Europe

Belgian farmers block key motorway in spreading protest

VEDRIN (Belgium): Angry farmers on Sunday blocked a major motorway in Belgium, part of a growing movement of...

Published 29 Jan, 2024 04:37am

KP launches first-ever Child Labour Survey 2022-23

PESHAWAR: KP Labour department has launched first-ever Child Labour Survey 2022-23 carried out across the province...

Published 29 Jan, 2024 04:37am

Flood-hit areas: Rotary International to set up 20 smart villages by June

ISLAMABAD: Rotary International has targeted for setting up 20 smart villages by June 2024 with a pledge to raise ...

Published 29 Jan, 2024 04:37am

The Weather

KARACHI: The weather report on Sunday (January 28, 2024) and the forecast for Monday (January 29, 2024)....

Published 29 Jan, 2024 04:37am

Rates

PSX ends on positive note

KARACHI: Despite foreign selling and confusion over the settlement of energy sector circular debt issue, Pakistan...

Published 29 Jan, 2024 04:37am

Rates

Futures spread down 455bps

KARACHI: The futures spread declined by 455bps to 13.56 percent on the last day of the outgoing week. Trading...

Published 29 Jan, 2024 04:37am

Rates

Impressive performance

KARACHI: The rupee continued its appreciation run for the 11th consecutive week as it gained Re0.31 or 0.11% against...

Published 29 Jan, 2024 04:37am

Muntazir Mehdi takes charge as DIG (Admin)

LAHORE: A senior PSP officer of 33rd Common, Muntazir Mehdi has assumed the responsibilities of DIG (Admin) Lahore....

Published 29 Jan, 2024 04:37am

Energy

June 2022 revised tariff: AJK power consumers demand implementation

MIRPUR: Power consumers from all walks of life including the legal fraternity have announced to take to street...

Published 29 Jan, 2024 04:37am

ECP introduces WhatsApp helpline

ISLAMABAD: The Election Commission of Pakistan (ECP) has taken a proactive step by introducing an active WhatsApp...

Published 29 Jan, 2024 04:37am

ECP starts dispatching ballot papers for upcoming elections

ISLAMABAD: The Election Commission of Pakistan (ECP) has started the delivery of national and provincial...

Published 29 Jan, 2024 04:37am

PTI workers stage rallies in different cities

ISLAMABAD: A large number of people staged rallies in different cities on Sunday on the call of former Prime...

Published 29 Jan, 2024 04:37am

Maximum passenger trains: Railways to ensure better dining facilities

ISLAMABAD: Pakistan Railways is planning to attach quality dining facilities with most of its passenger trains that...

Published 29 Jan, 2024 04:37am

Dozens detained at PTI’s Karachi rally

KARACHI: Police detained at least two dozen supporters of jailed former prime minister Imran Khan Sunday as they...

Published 29 Jan, 2024 04:37am

Tarar slams Bilawal for contesting election from Lahore

LAHORE: Senior PML-N leader Attaullah Tarar on Sunday grilled the PPP Chairman Bilawal Bhutto Zardari during his...

Published 29 Jan, 2024 04:37am

Mobile Water Testing Laboratories handed over to KP govt

PESHAWAR: As an important development towards providing clean drinking water to the people by ensuring quick,...

Published 29 Jan, 2024 04:37am

IG Punjab visits under- construction offices of Lahore Police

LAHORE: Inspector General Police Punjab Dr. Usman Anwar is regularly following the timely completion of police...

Published 29 Jan, 2024 04:37am

Pakistan’s diverse tourism potential showcased at a big show in New York

KARACHI: Pakistan Tourism Development Corporation (PTDC) in collaboration with provincial Tourism departments, the...

Published 29 Jan, 2024 04:37am

MQM-P’s Convener says party aims to change system of governance

HYDERABAD: The Convener of Muttahida Qaumi Movement-Pakistan (MQM-P) Dr Khalid Maqbool Siddiqui has said the MQM-P...

Published 29 Jan, 2024 04:37am

Only political forces can help solve problems facing Pakistan: Zardari

HUB: Former President Asif Ali Zardari on Sunday said a strong democracy was crucial to address the problems facing...

Published 29 Jan, 2024 04:37am

Elections: CCPO Lahore reviews security arrangements

LAHORE: Capital City Police Officer Lahore Bilal Siddique Kamyana chaired a meeting of senior police officers at his...

Published 29 Jan, 2024 04:37am

JI, MQM-P, TLP, other parties hold rallies in Karachi

KARACHI: Political activities in connection with the general elections have reached the peak in Quaid’s city and ...

Published 29 Jan, 2024 04:37am

CM decides to recruit sub-registrars through SPSC

KARACHI: The caretaker Sindh Chief Minister former Justice Maqbool Baqir has decided that the recruitment process of...

Published 29 Jan, 2024 04:37am

‘Alternative lifestyle festival’ held

KARACHI: Seed Ventures under its sustainability platform “Whats the Alternative’ on Sunday organised an...

Published 29 Jan, 2024 04:37am

‘Wrong decisions will produce right results,’ Fazl tells supporters

LARKANA: Jamiat Ulema-e-Islam Fazal (JUI-F) Chief Maulana Fazlur Rehman on Sunday advised against blaming the...

Published 29 Jan, 2024 04:37am

Design flaws in IMF programme

The International Monetary Fund (IMF) programmes are regarded as well designed by other multilaterals (with routine...

Published 29 Jan, 2024 04:37am

Next govt faces an economic tightrope

As the general elections are just around the corner, the economic battleground takes center stage with the...

Published 29 Jan, 2024 04:37am

Letters

PTI too unveils election manifesto

A battered Pakistan Tehreek-e-Insaf (PTI) too has unveiled its election manifesto, vowing to carry out ...

Published 29 Jan, 2024 04:37am

FBR restructuring: a recipe for disaster–II

Just to highlight the difficulties involved let’s look at critical requirements for broadening of the tax base and...

Published 29 Jan, 2024 04:37am

Stocks

NZ shares post biggest weekly jump since Nov

SYDNEY: New Zealand shares posted their biggest weekly jump since early November on Friday but ended the session...

Published 29 Jan, 2024 04:37am

Stocks

Wall Street Week Ahead: Fed, earnings and economic data to test US stocks at record highs

NEW YORK: The US stock market’s strong start to the year faces a major test next week in a stretch packed with big...

Published 29 Jan, 2024 04:37am

Stocks

Latam stocks advance, weak copper prices drag currencies of Chile, Peru

BRASILIA: Most Latin American stocks gained on Friday as data pointing to a downward trend in US inflation helped...

Published 29 Jan, 2024 04:37am

Stocks

Gulf bourses end mixed; Egypt rises

DUBAI: Stock markets in the Gulf were mixed on Sunday amid strong oil prices as investors awaited clues on interest...

Published 29 Jan, 2024 04:37am

Stocks

Luxury stocks, upbeat data lift British equities higher

LONDON: Britain’s FTSE 100 clocked in biggest percentage gain since last October, as upbeat earnings from European...

Published 29 Jan, 2024 04:37am

Stocks

Sri Lankan shares snap 12-session losing streak

BENGALURU: Sri Lankan shares snapped a 12-session losing streak and closed higher on Friday, driven by gains in...

Published 29 Jan, 2024 04:37am

Rates

Automart: car prices in Karachi

Rates in the week ended Sunday January 22, 2023

Published 29 Jan, 2024 04:37am

Appointment of Benami adjudicating authority members: Cabinet grills Revenue Div for ignoring PMO’s suggestions

ISLAMABAD: Revenue Division has reportedly been grilled by the caretaker federal cabinet for not honouring...

Updated 29 Jan, 2024 09:14am

Pesco resents ‘excessive’ supplemental charges by CPPA-G

ISLAMABAD: Peshawar Electric Supply Company (PESCO), one of the worst performing Discos, has reportedly protested...

Updated 29 Jan, 2024 09:37am

Gas from new discoveries: SNGPL opposes giving half share to ‘third party players’

ISLAMABAD; Sui Northern Gas Pipeline Company Limited (SNGPL) has opposed allocation of 50 per cent indigenous gas...

Updated 29 Jan, 2024 09:37am

Privatisation programme: MoF opposes delisting of all Discos

Suggests that only those companies be delisted which are selected for the concession model

Updated 29 Jan, 2024 09:49am

Punjab hit by pneumonia outbreak

ISLAMABAD: The deadly pneumonia continued claiming lives as 18 more children have succumbed to the disease in Punjab...

Updated 29 Jan, 2024 09:16am

Bilawal steps up election rhetoric

ISLAMABAD: Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari has said that the PPP would steer the ...

Updated 29 Jan, 2024 09:48am

Nawaz says will overcome economic challenges

SIALKOT: Pakistan Muslim League-Nawaz (PML-N) supremo and former Prime Minister Nawaz Sharif on Sunday promised to...

Updated 29 Jan, 2024 09:48am

PTI unveils manifesto, promises constitutional reforms

ISLAMABAD: Making “all powerful institutions subservient to the Constitution,” restricting the state institutions’...

Updated 29 Jan, 2024 09:13am

Three US troops killed in drone attack on base in Jordan

WASHINGTON: Three US service members were killed and dozens wounded during an unmanned aerial drone attack on US...

Updated 29 Jan, 2024 09:14am

UN chief calls on donors to maintain Gaza aid

GAZA STRIP, (Palestinian Territories): Heavy fighting raged in Gaza Sunday amid a fierce row over the United Nations...

Updated 29 Jan, 2024 09:14am

Malicious campaign against top judiciary: Notices served in accordance with law: govt

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

Updated 29 Jan, 2024 09:13am

Former FPCCI president voices his concern over rising power sector circular debt

LAHORE: “Amidst the government claim of making efforts to improve efficiency the power sector situation remains...

Published 29 Jan, 2024 04:37am

KP CM directs BoR to collect records, transactions of mutation

PESHAWAR: Caretaker Chief Minister Khyber Pakhtunkhwa Former Justice Syed Arshad Hussain Shah has directed the high...

Published 29 Jan, 2024 04:37am

Taxes

Fraudulent sales tax refunds: FTO urges FBR to take on corrupt officials

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to initiate criminal...

Published 29 Jan, 2024 04:37am

Taxes

LHC asks FBR to amend STA for protecting taxpayers’ rights

ISLAMABAD: Lahore High Court (LHC) has directed the Federal Board of Revenue (FBR) to introduce sales tax ...

Published 29 Jan, 2024 04:37am

Taxes

LTO willing to return illegally recovered amount to IESO

ISLAMABAD: Due to strict intervention by the Islamabad High Court (IHC), Large Taxpayer Office (LTO) Islamabad is...

Published 29 Jan, 2024 04:37am

Taxes

‘Taxpayers’ rights to be protected always’

PESHAWAR: Advisor Federal Tax Ombudsman Peshawar Sardar Ali Khawaja said that taxpayers are the backbone of the...

Published 29 Jan, 2024 04:37am

Cotton & Textile

Weekly Cotton Review: Prices rise amid good business volumes

KARACHI: Cotton prices were seen booming during the previous week. Over the past month, there has been a significant...

Published 29 Jan, 2024 04:37am

Reiteration of economic challenges

EDITORIAL: The caretaker finance minister while addressing the NUST Institute of Policy Studies (NIPS) correctly...

Published 29 Jan, 2024 04:37am

AI in healthcare – risks and rewards

EDITORIAL: The debate surrounding the use of Artificial Intelligence (AI) has generated much heated discussion in...

Published 29 Jan, 2024 04:37am

Commodities

Prices of essential food items show mixed trend

PESHAWAR: Mixed trend in prices of essential food commodities, including live chicken/meat, vegetables, flour,...

Published 29 Jan, 2024 04:37am

Taxes

FBR chief for sustained collaboration with FMU

ISLAMABAD: Chairman Federal Board of Revenue Malik Amjed Zubair Tiwana emphasised the need for sustained...

Published 29 Jan, 2024 04:37am

Money & Banking

Yuan eases but set to snap three straight weeks of losses

SHANGHAI: China’s yuan slipped against the dollar on Friday but was on course to snap three straight weeks of...

Published 29 Jan, 2024 04:37am

Airbus to open helicopter assembly line in India

PARIS: Airbus will build a helicopter assembly line in India with Indian conglomerate Tata, the European aircraft...

Published 29 Jan, 2024 04:37am

Cotton & Textile

Faisalabad Yarn and Fiber Prices

FAISALABAD: Yarn Market Rates on Sunday (January 28, 2024) =========================== 6/S-7/S (COTTON)...

Published 29 Jan, 2024 04:37am

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
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

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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