News Archives for Print - 2024-02-03

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Print - 2024-02-03

Middle East

More grain ships divert from Red Sea

HAMBURG: More ships carrying grain were diverted from the Suez Canal to routes around the Cape of Good Hope this ...

Published 03 Feb, 2024 05:46am

World needs ‘torrents’ of cash for green transition: UN

PARIS: The world needs to urgently start investing trillions of dollars in the green transition, the United Nations...

Published 03 Feb, 2024 05:46am

Jailbird: India releases pigeon accused of spying for China

NEW DELHI: A pigeon that spent eight months in Indian police custody has been released after it was finally cleared...

Published 03 Feb, 2024 05:46am

Palestinian journalists: CPJ commits $300,000 in immediate funding

NEW YORK: The ongoing Israel-Gaza war has had an unprecedented and devastating effect on journalists. By late ...

Published 03 Feb, 2024 05:46am

Muslim leaders urge Indian govt to end mosque-temple disputes

NEW DELHI: Top Muslim leaders in India called on Prime Minister Narendra Modi’s government on Friday to end...

Published 03 Feb, 2024 05:46am

Afghan peace: Pakistan and China reiterate their commitment

ISLAMABAD: Pakistan and China have reiterated their commitment to a peaceful and stable Afghanistan and emphasized...

Published 03 Feb, 2024 05:46am

‘Circular economy’: Country can generate $1.2bn by utilising plastic waste

ISLAMABAD: Pakistan can easily generate $1.2 billion annually through utilising plastic waste which has the ...

Published 03 Feb, 2024 05:46am

The Weather

KARACHI: The weather report on Friday (February 02, 2024) and the forecast for Saturday (February 03, 2024)...

Published 03 Feb, 2024 05:46am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (February 02, 2024). ==================================== BR...

Published 03 Feb, 2024 05:46am

Lahore, Karachi declared joint champions of National Women's T20

LAHORE: Lahore and Karachi were declared joint champions of the National Women’s T20 Tournament 2023-24 after the...

Published 03 Feb, 2024 05:46am

Justice Shahid of LHC steps down

ISLAMABAD: The Lahore High Court (LHC) judge, Justice Shahid Jamil Khan, on Friday, resigned from his office. In his...

Published 03 Feb, 2024 05:46am

1000 devotees to attend Bishwa Ijtema in BD

KARACHI: As many as 1000 devotees from Pakistan are expected to attend the “Bishwa Ijtema” to be held in...

Published 03 Feb, 2024 05:46am

Strategic Engagement Plan: Pakistan and EU agree to deepen ties

ISLAMABAD: Pakistan and the European Union have agreed to further deepen their relations in line with the Strategic...

Published 03 Feb, 2024 05:46am

Bilateral relations: Pakistan, Belgium agree on continued engagement

ISLAMABAD: Pakistan and Belgium have agreed on continued engagement and collaboration to strengthen bilateral...

Published 03 Feb, 2024 05:46am

Customs recovers smuggled clothing

KARACHI: The Anti-Smuggling Organisation (ASO) of Pakistan Customs Enforcement Karachi successfully recovered large...

Published 03 Feb, 2024 05:46am

FIA summons IK’s sister today

ISLAMABAD: The Federal Investigation Agency (FIA) has summoned Aleema Khan, the sister of Pakistan Tehreek-e-Insaf...

Published 03 Feb, 2024 05:46am

IIOJK situation: Islamabad-based diplomats briefed on developments

ISLAMABAD: Ahead of the Kashmir Solidarity Day, Additional Foreign Secretary (Asia & Pacific), Ambassador Imran...

Published 03 Feb, 2024 05:46am

NADRA’s Dy Assistant Director kidnapped

ISLAMABAD: The National Database and Registration Authority (NADRA)’s Deputy Assistant Director, Najeebullah, was...

Published 03 Feb, 2024 05:46am

ECP reserves verdict on plea of PTI’s Salman Raja

ISLAMABAD: The Election Commission of Pakistan (ECP) has reserved its verdict on a petition moved by senior lawyer...

Published 03 Feb, 2024 05:46am

Punjab govt approves five development schemes

LAHORE: The Punjab government has approved five development schemes relating to regional planning, energy, ...

Published 03 Feb, 2024 05:46am

CPSP delegation praises CM Punjab for his initiatives in health sector

LAHORE: The College of Physicians and Surgeons Pakistan (CPSP) has admired the caretaker Chief Minister Mohsin Naqvi...

Published 03 Feb, 2024 05:46am

ATC turns down PAT’s plea seeking hearing deferment

LAHORE: An Anti-Terrorism Court (ATC) on Friday turned down a request of the Pakistan Awami Tehreek (PAT) to defer...

Published 03 Feb, 2024 05:46am

Childhood pneumonia spikes in smoggy winter

LAHORE: In a paediatric ward, a chorus of infant coughs and straining lungs is the toll of a frigid winter,...

Published 03 Feb, 2024 05:46am

Google provides information to support democracy, elections 2024

KARACHI: Google being a Socially Responsible Organization is supporting the democratic process by facilitating the...

Published 03 Feb, 2024 05:46am

Hospitality scholarships: Hashoo Group joins hands with M/o FE&PT’s NEST

ISLAMABAD: Continuing its mission to promote accessible education and employment opportunities for the economic...

Published 03 Feb, 2024 05:46am

PM highlights positive impact of ‘mind games’ on mental well-being

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Friday emphasising the importance of sports, particularly...

Published 03 Feb, 2024 05:46am

President for promoting chess in country at grassroots’ levels

ISLAMABAD: President Dr Arif Alvi has called for promoting chess in the country, especially at the grassroots ...

Published 03 Feb, 2024 05:46am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (February 02, 2024). ========================== KIBOR...

Published 03 Feb, 2024 05:46am

PTI leaders declared absconders

LAHORE: An Anti-Terrorism Court (ATC) on Friday declared PTI leaders Murad Saeed, Azam Swati, Wasiq Qayyum and...

Published 03 Feb, 2024 05:46am

PPP manifesto aims at to pave new economic pathways

LAHORE: In a press conference on Friday Umar Rehman Malik, the Digital Media Head of Pakistan Peoples Party (PPP) in...

Published 03 Feb, 2024 05:46am

PNS SAIF visits Colombo

RAWALPINDI: Pakistan Navy PNS SAIF visited Colombo, Sri Lanka during its Regional Maritime Security Patrol (RMSP)...

Published 03 Feb, 2024 05:46am

PHA to beautify two underpasses, two hospitals

LAHORE: The Traffic Engineering and Transport Planning Agency (TEPA), Pakistan Kidney and Liver Institute and...

Published 03 Feb, 2024 05:46am

Substandard dairy products: PFA imposes Rs20m fine on 1,900 FBOs

LAHORE: The Punjab Food Authority (PFA) during the month of January 2024 discarded over 165,000 litres of ...

Published 03 Feb, 2024 05:46am

Over 100 Punjab hospitals being revamped with Rs96bn

LAHORE: Inaugurating the modern MRI and CT scan machines purchased at the cost of Rs 720 million in the Lahore...

Published 03 Feb, 2024 05:46am

Foreign secy receives new Mongolian envoy

ISLAMABAD: Foreign Secretary Muhammad Syrus Sajjad Qazi on Friday received the new envoy of Mongolia to Pakistan,...

Published 03 Feb, 2024 05:46am

ECP-Sindh issue notices to JI, MQM-P, PML-N and MQM-H

KARACHI: Election Commission of Pakistan (ECP) Sindh has issued notices to Jamaat-e-Islami, Muttahida Qaumi Movement...

Published 03 Feb, 2024 05:46am

Court reserves verdict in Nikah case

RAWALPINDI: A local court, on Friday, reserved its verdict after completion of cross-examination of prosecution...

Published 03 Feb, 2024 05:46am

Commissioner Hyderabad reviews preparations for general election

HYDERABAD: Commissioner Hyderabad Syed Khalid Hyder Shah has said that electricity should be provided at the polling...

Published 03 Feb, 2024 05:46am

Board of Intermediate Education Karachi: CMIT unearths tampering in result, irregularities

KARACHI: An inquiry committee, appointed by the Sindh Chief Minister Former Justice Maqbool Baqar, has uncovered...

Published 03 Feb, 2024 05:46am

Elections 2024: Arrest warrants issued for employees skipping duty

KARACHI: Arrest warrants have been issued on Friday for the Sindh health department, skipping elections 2024 duty....

Published 03 Feb, 2024 05:46am

Alkhidmat opens new diagnostic lab in Nazimabad

KARACHI: Alkhidmat Karachi has inaugurated a new well equipped diagnostic laboratory in the city's Nazimabad...

Published 03 Feb, 2024 05:46am

24 militants killed in Mach operation: ISPR

KARACHI: Military has killed 24 militants in three days in the Balochistan, the military said in a statement on...

Published 03 Feb, 2024 05:46am

SIFC gives go-ahead to FBR reforms

Caretaker Prime Minister Anwaar-ul-Haq Kakar chairs 9th Apex Committee of the SIFC

Updated 03 Feb, 2024 06:46pm

Roosevelt Hotel JV: FASA inked with JLL-led consortium

ISLAMABAD: A Financial Advisory Services Agreement (FASA) was signed, Friday, in the office of the Privatisation...

Updated 03 Feb, 2024 06:44pm

Rates

PSX posts smart rally

KARACHI: Pakistan Stock Exchange on Friday witnessed a bullish trend and closed on strong positive note with healthy...

Published 03 Feb, 2024 05:46am

Nepra too concerned about rising tariff?

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) acknowledged that amid the historically highest...

Updated 03 Feb, 2024 06:44pm

FCA mechanism: Discos’ Dec tariff raised by Rs4.57 per unit

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has increased Discos tariff by Rs 4.57 per unit for...

Updated 03 Feb, 2024 02:46pm

PTI postpones intra-party polls on security concerns

ISLAMABAD: A day after announcing the schedule for fresh intra-party polls, Pakistan Tehreek-e-Insaf (PTI) said on...

Published 03 Feb, 2024 05:46am

Jailed IK again propounds his ‘cypher theory’

ISLAMABAD: As only five days are left for the crucial elections, the jailed former prime minister Imran Khan on...

Published 03 Feb, 2024 05:46am

Importers, manufacturers and wholesalers: FBR allows e-invoice integration with its digital system

ISLAMABAD: The Federal Board of Revenue (FBR) has allowed importers, manufacturers and wholesalers/ dealers/...

Updated 03 Feb, 2024 02:48pm

Verdict says IK, wife connived with each other

ISLAMABAD: The Accountability Court judge in its detailed verdict of Toshakhana case against Pakistan...

Updated 03 Feb, 2024 02:45pm

SECP amends Listed Companies’ Takeovers Regulations, 2017

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has introduced amendments in Listed Companies...

Updated 03 Feb, 2024 03:02pm

Islamic FIs must comply with AAOIFI standards: SECP

ISLAMABAD: All Islamic financial institutions including entities offering Islamic financial services would be...

Updated 03 Feb, 2024 02:45pm

PL on HOBC fuel kept unchanged

ISLAMABAD: The Oil Marketing Companies (OMCs) have sustained the price of Hi-Octane blending component (HOBC) fuel...

Updated 03 Feb, 2024 03:02pm

Bilawal steps up criticism of ‘Takht-e-Lahore’

SHIKARPUR: Chairman of the Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari has said that the burden of the...

Updated 03 Feb, 2024 09:00am

Energy

No recruitment being done in FESCO, says spokesman

FAISALABAD: The Faisalabad Electric Supply Company (FESCO) spokesman has said that no recruitment is being done in...

Published 03 Feb, 2024 05:46am

Stocks

PSX holiday

KARACHI: Pakistan Stock Exchange Limited will remain closed on Thursday, February 08, 2024 being a public holiday...

Published 03 Feb, 2024 05:46am

Commodities

Gold prices gain further

KARACHI: Gold prices on Friday posted further increase on the local market but silver was unchanged, traders said....

Published 03 Feb, 2024 05:46am

PARTLY FACETIOUS: A pirni a faith healer or spiritual guide?

“I don’t get it.!” “Well, as an acknowledged spiritual guide to The Man Who Must Remain Nameless, who...

Published 03 Feb, 2024 05:46am

Corruption, justice and accountability

Pakistan’s ranking on the global Corruption Perceptions Index (CPI), announced this week by the Berlin-based...

Published 03 Feb, 2024 05:46am

Child kidnapping

The most heinous crime you can think of is kidnapping a child. With just one act, that for the kidnapper is nothing...

Published 03 Feb, 2024 05:46am

No excuses acceptable

EDITORIAL: Whether or not the general elections February 8 date is “carved in stone” once again became a ...

Published 03 Feb, 2024 05:46am

Letters

Now Modi has gone too far

That the BJP government has stepped up not only its anti-Muslim rhetoric but also its machinations against the...

Published 03 Feb, 2024 05:46am

Tech solves Pakistan’s three-fold education problem

The United Nations General Assembly proclaimed 24 January as the International Day of Education, “in celebration of...

Published 03 Feb, 2024 05:46am

Stocks

Dubai up ahead of US employment data

DUBAI: The Dubai stock exchange closed higher on Friday, ahead of crucial US employment data that could hasten bets...

Published 03 Feb, 2024 05:46am

Stocks

Wall Street climbs on tech earnings cheer

NEW YORK: US stocks surged on Friday, with the benchmark S&P 500 scaling a fresh record, as investors cheered...

Published 03 Feb, 2024 05:46am

Stocks

European shares stuck below 2-year highs

PARIS: European shares were little changed on Friday as gains from upbeat corporate earnings offset...

Published 03 Feb, 2024 05:46am

Stocks

Chinese stocks accelerate slump amid panic selling

SHANGHAI: Chinese stocks slumped further on Friday, with the Shanghai benchmark index logging its worst week in five...

Published 03 Feb, 2024 05:46am

Stocks

Tokyo stocks close higher ahead of US data

TOKYO: Tokyo stocks closed higher Friday following a strong rally on Wall Street, with investors awaiting US jobs...

Published 03 Feb, 2024 05:46am

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 03 Feb, 2024 05:46am

Forex

Open market rates of foreign currencies

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

Published 03 Feb, 2024 05:46am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (February 02, 2024). ======================== Open Bid...

Published 03 Feb, 2024 05:46am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (February 02, 2024)....

Published 03 Feb, 2024 05:46am

Energy

Industries, CNG stations: SSGC announces 46-hr gas holiday

KARACHI: Sui Southern Gas Company (SSGC) has announced 48-hours gas holiday for all industries including their power...

Published 03 Feb, 2024 05:46am

Commodities

Descon & IFC sign MoU to tackle annual post harvest losses

KARACHI: In a groundbreaking initiative aimed at addressing the significant post harvest losses of wheat, rice, and...

Published 03 Feb, 2024 05:46am

IMF says central banks should not rush into rate cuts

WASHINGTON: The IMF sees a greater risk to the global economy if central banks start cutting interest rates too soon...

Published 03 Feb, 2024 05:46am

SPI inflation: YoY trend depicts increase of 39.45pc

ISLAMABAD: The Sensitive Price Index (SPI) inflation increased by 39.45 percent on a year-on-year (YoY) basis due to...

Updated 03 Feb, 2024 03:03pm

Jul-Jan trade deficit narrows 32.66pc YoY

ISLAMABAD: Pakistan’s trade deficit narrowed down by 32.66 per cent in the first seven months (July-January) of ...

Published 03 Feb, 2024 05:46am

Companies

Jazz secures awards in 15 pivotal categories at GDEIB platform

ISLAMABAD: Jazz achieved recognition for its inclusion efforts by securing awards in 15 pivotal categories at the...

Published 03 Feb, 2024 05:46am

Industry

Contaminated with DEG, EG impurities: DRAP restrains pharma industry from using imported material

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) following the detection of impurities in raw materials...

Published 03 Feb, 2024 05:46am

SOE allowed concessionary rate of duty by customs

LAHORE: Customs officials failed to deny concessionary rate of duty to a state-owned entity (SOE), said sources....

Published 03 Feb, 2024 05:46am

Jan cement despatches decline 14.79pc to 3.414 MTs YoY

LAHORE: Cement despatches declined by 14.79% in January 2024 as the sector registered despatches of 3.414 million...

Published 03 Feb, 2024 05:46am

Industry

IR CC says issues facing KATI industrialists will be resolved

KARACHI: Imtiaz Ali Solangi, Chief Commissioner of Inland Revenue at the Federal Board of Revenue (FBR), assured...

Published 03 Feb, 2024 05:46am

Jan POL products’ sales down 4.9pc to 1.38 MTs YoY

KARACHI: The sales of petroleum products in the country declined by 4.0 percent on year-on-year basis to 1.38 ...

Published 03 Feb, 2024 05:46am

Black market for lifesaving drugs

EDITORIAL: Finally, the caretaker government has taken the tough but necessary decision of approving an increase in...

Published 03 Feb, 2024 05:46am

Money & Banking

Dollar jumps after strong jobs report

NEW YORK: The US dollar index jumped to a seven-week high on Friday after data showed that employers added far more...

Published 03 Feb, 2024 05:46am

Money & Banking

Most Asian currencies gain ahead of US jobs report

BENGALURU: Most Asian currencies and stocks clocked gains on Friday, with the South Korean won and equities leading...

Published 03 Feb, 2024 05:46am

PBF leader rejects increase in prices of petrol

KARACHI: Central leader of Pakistan Business Forum Captain Abdul Rashd Abaro has rejected the sudden and unexpected...

Published 03 Feb, 2024 05:46am

Noorani, Budhani nominated as convener, Dy Convener of FPCCI body

KARACHI: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has...

Published 03 Feb, 2024 05:46am

Timely return revisions: FBR urged to remove barriers

Taxes

Industry

APCSA chief concerned at escalating operational costs

LAHORE: Zaki Aijaz, the Regional Chairman and Vice President of the Federation of Pakistan Chambers of Commerce and...

Published 03 Feb, 2024 05:46am

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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