News Archives for Print - 2024-02-06

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Print - 2024-02-06

Blinken meets MBS amid heightened Mideast tensions

RIYADH: US Secretary of State Antony Blinken arrived in Saudi Arabia on Monday, his first stop in a Middle East tour...

Published 06 Feb, 2024 05:00am

Kremlin warns West against using frozen Russian assets as collateral for Ukraine

MOSCOW: The Kremlin on Monday warned the West that any attempt to use frozen Russian assets as collateral to raise...

Published 06 Feb, 2024 05:00am

UNRWA chief visits Gulf countries in bid to plug funding gap

GENEVA: The head of the main UN Palestinian relief agency, UNRWA, is visiting three Gulf states this week to drum up...

Published 06 Feb, 2024 05:00am

South Asia

Maldives vows to boost defences after telling Indian troops to leave

MALÉ (Maldives): The small but strategically placed Maldives will strengthen its military to defend its vast...

Published 06 Feb, 2024 05:00am

Trump urges Republicans to kill Ukraine aid bill

WASHINGTON: Former US president Donald Trump urged Republicans Monday to reject a bipartisan Senate deal trading...

Published 06 Feb, 2024 05:00am

Sri Lanka eyes $5bn in foreign funds after debt restructure: minister

COLOMBO: Sri Lanka expects to attract about $5 billion in foreign funds in the next two years once it is able to...

Published 06 Feb, 2024 05:00am

Naqvi all set to become PCB chairman today

LAHORE: Pakistan Cricket Board (PCB) is set to elect its chairman today and there is most likely that the caretaker...

Published 06 Feb, 2024 05:00am

HR situation in IIOJK: FM urges UN, OIC leadership to play due role

ISLAMABAD: Pakistan reaffirmed solidarity with the people of Jammu and Kashmir in their struggle for realization of...

Published 06 Feb, 2024 05:00am

Two suspected ‘Lyari Gang’ members held

KARACHI: In a recent operation, District City Police apprehended two individuals suspected to be affiliated with...

Published 06 Feb, 2024 05:00am

‘Kashmir incomplete agenda of Partition’

KARACHI: Kashmir is incomplete agenda of partition in 1947 and integral part of Pakistan. Alphabet “K” in...

Published 06 Feb, 2024 05:00am

UNHCR, Peshawar Zalmi announce partnership

ISLAMABAD: As the Pakistan Super League Season 9 starts from 17 February, UNHCR, the UN Refugee Agency, has ...

Published 06 Feb, 2024 05:00am

KPT holds solidarity walk to support Kashmiris

KARACHI: Karachi Port Trust’s unwavering commitment to social equality and humanity by organizing a Solidarity ...

Published 06 Feb, 2024 05:00am

Africa

About 40 killed in violence near disputed Sudan-South Sudan border

JUBA: About 40 people, many of them civilians, have been killed in violence in a disputed area on South Sudan’s...

Published 06 Feb, 2024 05:00am

Europe

UK, Ireland leaders in Belfast as power sharing resumes

BELFAST: The prime ministers of the UK and Ireland met Northern Ireland’s new political leaders in Belfast on...

Published 06 Feb, 2024 05:00am

NA-9 Malakand: PPP making all-out efforts to regain lost glory

PESHAWAR: Pakistan Peopleâ€™s Party (PPP) is making all-out efforts to regain its lost popularity in National...

Published 06 Feb, 2024 05:00am

PWCHAA signs MoU with LBF for 3rd edition of Lahore Biennale

LAHORE: For the third edition of the Lahore Biennale, the Punjab Walled Cities and Heritage Areas Authority (PWCHAA)...

Published 06 Feb, 2024 05:00am

Rallies held to mark Kashmir Day in KP

PESHAWAR: Several rallies and processions held in Khyber Pakhtunkhwa to express solidarity and full support to...

Published 06 Feb, 2024 05:00am

UAF observes Kashmir Solidarity Day

FAISALABAD: The University of Agriculture Faisalabad observed Kashmir Solidarity Day. In this regard, a central...

Published 06 Feb, 2024 05:00am

The Weather

KARACHI: The weather report on Monday (February 05, 2024) and the forecast for Tuesday (February 06, 2024)....

Published 06 Feb, 2024 05:00am

‘Restoration of institutions & protection of employees’ top priority’

LAHORE: President Istehkam-e-Pakistan Party Abdul Aleem Khan said here on Monday that restoration of national...

Published 06 Feb, 2024 05:00am

Mere framing laws does not produce good results: LHC

LAHORE: The Lahore High Court held that mere framing laws do not provide good results unless the law is strictly...

Published 06 Feb, 2024 05:00am

Participation of youth vital to strengthening democracy: PM

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Monday said youth should be engaged in the political...

Published 06 Feb, 2024 05:00am

Caretaker CM inaugurates Gujranwala Expressway

LAHORE: In a remarkable achievement, Gujranwala has been seamlessly connected to the Sialkot-Lahore Motorway within...

Published 06 Feb, 2024 05:00am

1,100 CDA sanitary workers being deprived of right to vote: PPP

ISLAMABAD: Pakistan Peoples Party (PPP) Secretary-General Syed Nayyar Hussain Bukhari said that as many as 1,100...

Published 06 Feb, 2024 05:00am

Kashmir Solidarity Day: Pakistan Embassy in France organises seminar

LAHORE: To support the Kashmiris struggle for self-determination and to express solidarity with the oppressed...

Published 06 Feb, 2024 05:00am

Kashmir Solidarity Day marked

LAHORE: Kashmir Solidarity Day was marked on Monday to express solidarity with the people of Kashmir waging a just...

Published 06 Feb, 2024 05:00am

Nawaz promises Islamabad-Murree train service if voted to power

MURREE: Former Prime Minister and PML-N supremo Nawaz Sharif on Monday repeated his question as to why he was ousted...

Published 06 Feb, 2024 05:00am

Sindh University says fully committed to the Kashmir cause

HYDERABAD: The Bureau of STAGS, Sindh University Jamshoro organized a rally led by Vice-Chancellor Professor...

Published 06 Feb, 2024 05:00am

Bilawal reaches out to people in big way

KARACHI: Chairman Pakistan People’s Party (PPP) Bilawal Bhutto Zardari has said that he is the son of Karachi and...

Published 06 Feb, 2024 05:00am

SAU VC condemns India’s HR violations in IIOJK

HYDERABAD: Dr. Fateh Marri, Vice Chancellor of Sindh Agriculture University, vehemently denounced India’s...

Published 06 Feb, 2024 05:00am

Navy, PMSA save lives of seamen including 9 Indian nationals

KARACHI: Pakistan Navy (PN) in coordination with Pakistan Maritime Security Agency (PMSA) saved the lives of 9 ...

Published 06 Feb, 2024 05:00am

2 degree Celsius drop in temperature likely today

KARACHI: The city is expected to see a drop in minimum temperatures up to 2 Celsius, turning nights cool over the...

Published 06 Feb, 2024 05:00am

Traditional German-style ‘winter market’ organized

KARACHI: German Consulate General Karachi on Monday brought the traditional ‘German Style Winter Market’ for...

Published 06 Feb, 2024 05:00am

Sensitive polling stations should be focused for smooth polling: CM

HYDERABAD: Caretaker Sindh Chief Minister former Justice Maqbool Baqar has said that Hyderabad is one of the largest...

Published 06 Feb, 2024 05:00am

TikTok launches ‘Pakistan Election Center’

KARACHI: TikTok has launched the ‘Pakistan Election Center’, which is a dedicated hub, available both in English...

Published 06 Feb, 2024 05:00am

SAPM urges world to help stop genocide of Kashmiris by India

ISLAMABAD: Special Assistant to the Prime Minister for Human Rights and Women Empowerment, Mushaal Hussein Mullick,...

Published 06 Feb, 2024 05:00am

SC holds wrongful acquittal or conviction breach of law, abuse of process

ISLAMABAD: The Supreme Court held that wrongful acquittal or wrongful conviction is a breach of law and an abuse of...

Updated 06 Feb, 2024 08:48am

General elections: Army troops arrive in Punjab districts

LAHORE: The Punjab Home Department said on Monday that contingents of the Pakistan Army had already arrived in...

Updated 06 Feb, 2024 10:25am

COAS slams India over humanitarian, security crises in IIOJK

RAWALPINDI: Civil and military leadership warned that the brewing humanitarian and security crises in the Illegally...

Published 06 Feb, 2024 05:00am

10 cops martyred in attack on DIK police station

DERA ISMAIL KHAN: At least 10 policemen were martyred and nine others got injured as a group of unidentified...

Published 06 Feb, 2024 05:00am

How Imran is campaigning from jail: AI and covert canvassing

LAHORE/KARACHI: Days before Pakistan’s Feb. 8 election, a masked and headscarf-clad Komal Asghar led a team of...

Published 06 Feb, 2024 05:00am

Smuggled tyres posing big threat to local industry

LAHORE: Despite action taken by the government to curb smuggling, smuggled tyres of all sizes are now again ...

Published 06 Feb, 2024 05:00am

CM inaugurates country’s biggest biogas plant in Lahore

LAHORE: Inaugurating the biggest biogas plant of Pakistan, here at Gujjar Colony, the caretaker Chief Minister ...

Published 06 Feb, 2024 05:00am

One, two, three knockout punch

By the time these lines appear in print, the elections will be just two days away. However, what has emerged as one...

Published 06 Feb, 2024 05:00am

Budgetary outcome in first half of FY24

The information on the fiscal operations by the federal and the provincial governments in the first half of 2023-24...

Published 06 Feb, 2024 05:00am

Letters

Political stability still not in sight

There exists a widely-held perception that the outcome or the result of the scheduled Feb 8 general election has...

Published 06 Feb, 2024 05:00am

Energy

Crackdown in Punjab, KP, ICT: SNGPL removes 461 connections, imposes Rs6.63m fine

LAHORE: During the ongoing crackdown against gas pilferers, SNGPL continued raids in Punjab, Khyber Pakhtunkhwa and...

Published 06 Feb, 2024 05:00am

In search of reasonable thinking

Benjamin Franklin said, “Common sense is something that everyone needs, few have, and none think they lack.”...

Published 06 Feb, 2024 05:00am

Stocks

Gulf markets end mixed as traders temper rate cuts

DUBAI: Stock markets in the Gulf ended mixed on Monday after a robust US jobs report dashed expectations of a...

Published 06 Feb, 2024 05:00am

Stocks

Shanghai stocks slide again; losses limited by govt support

SHANGHAI: China stocks fell again on Monday after last week’s savage sell-off, but losses were limited by another...

Published 06 Feb, 2024 05:00am

Stocks

Wall St falls as Treasury yields ascend

NEW YORK: Wall Street’s main indexes fell on Monday, pressured by rising Treasury yields after Federal Reserve...

Published 06 Feb, 2024 05:00am

Stocks

Financials weigh on Indian shares amid spike in volatility

BENGALURU: Indian shares succumbed to selling pressure in a volatile session, as a pullback in financials after a...

Published 06 Feb, 2024 05:00am

Energy

Germany outlines $17bn plan to subsidise gas-to-hydrogen shift

BERLIN: Germany’s government has agreed plans to subsidise gas power plants that can switch to hydrogen, the economy...

Published 06 Feb, 2024 05:00am

Cotton & Textile

Faisalabad Yarn and Fiber Prices

FAISALABAD: Yarn Market Rates on Sunday (February 04, 2024) =========================== 6/S-7/S (COTTON)...

Published 06 Feb, 2024 05:00am

Rates

Automart: car prices in Karachi

Rates in the week ended Sunday February 05, 2024

Published 06 Feb, 2024 05:00am

IMF briefed about tariff, circular debt plans

International Monetary Fund seeks some clarification from the caretaker government’s team

Updated 06 Feb, 2024 10:28am

Branded ice cream: customs’ values revised

ISLAMABAD: The Directorate General of Customs Valuation Karachi has revised customs values on the import of branded...

Updated 06 Feb, 2024 09:53am

World Bank -funded ‘PRR’ project: one-year extension sought

ISLAMABAD: The government has sought one-year extension in “Pakistan Raises Revenue (PRR)” project worth $400...

Updated 06 Feb, 2024 09:06am

Refineries policy: CCoE to approve amendments today

ISLAMABAD: The Cabinet Committee on Energy (CCoE) which is scheduled to meet on Tuesday (Feb 6) will approve...

Updated 06 Feb, 2024 09:51am

PSM’s delisting from sell-off list: BoD requests ministry to move Cabinet for review

ISLAMABAD: The Board of Directors (BoD) of Pakistan Steel Mills (PSM) has reportedly requested the Ministry of...

Updated 06 Feb, 2024 09:51am

Federal govt employees: AGP ‘identifies’ violations of rules in grant of loans

ISLAMABAD: On the direction of President Dr Arif Alvi, the Auditor General of Pakistan (AGP) identified violations...

Updated 06 Feb, 2024 09:05am

Provinces: H1FY24 sales tax collection on services increases by 23.44pc YoY

ISLAMABAD: The sales tax on services collection by the provinces has increased by 23.44 percent during the first six...

Updated 06 Feb, 2024 09:05am

FBR CCC’s ruling: Solar DC fan subject to 20pc customs duty

ISLAMABAD: The Customs Classification Committee (CCC) of the Federal Board of Revenue (FBR) has ruled that the...

Updated 06 Feb, 2024 09:52am

PM addresses AJK Legislative Assembly: India is a ‘terrorist’ state

MUZAFFARABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Monday said that India was a terrorist state, which...

Updated 06 Feb, 2024 08:48am

PVC table mats: New customs’ values determined

ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has determined new customs...

Updated 06 Feb, 2024 09:53am

Taxes

Input tax adjustment time: ST Act doesn’t stipulate any condition or time limit

LAHORE: The Sales Tax Act does not stipulate any condition or restriction of time for adjustment of the input tax...

Published 06 Feb, 2024 05:00am

Commodities

Gold prices fall

KARACHI: Gold prices on Monday saw another fall on the local market but silver was steady, traders said. At the ...

Published 06 Feb, 2024 05:00am

Transparency International’s revelation

EDITORIAL: Most common Pakistanis have become so used to the corruption of the elite, especially elite institutions,...

Published 06 Feb, 2024 05:00am

State of the economy

EDITORIAL: The January Outlook and Update uploaded on the Finance Division website claims that “the first half of...

Published 06 Feb, 2024 05:00am

Money & Banking

Yuan slips as dollar rises

SHANGHAI: China’s yuan eased against the dollar on Monday as the greenback rose after a robust US jobs report...

Published 06 Feb, 2024 05:00am

Money & Banking

Dollar surges to 11-week high

NEW YORK: The dollar climbed to its highest in almost three months against other major currencies on Monday as...

Published 06 Feb, 2024 05:00am

Money & Banking

Asian currencies: Malaysian ringgit falls to a 3-month low

BENGALURU: Malaysia’s ringgit and South Korea’s won led losses among Asian currencies on Monday while regional...

Published 06 Feb, 2024 05:00am

BD welcomes Biden letter on support for economic goals

DHAKA: President Joe Biden said the US is willing to work with Bangladesh to help the South Asian nation achieve its...

Published 06 Feb, 2024 05:00am

Companies

S Korean court acquits Samsung chief over 2015 merger case

SEOUL: A South Korean court acquitted Samsung Electronics chief Lee Jae-yong on Monday of a raft of crimes linked to...

Published 06 Feb, 2024 05:00am

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	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
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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