News Archives for Print - 2024-02-25

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Print - 2024-02-25

Europe

Italy and Canada sign security deals with Ukraine

KYIV: The leaders of Canada and Italy signed security agreements with Ukraine on Saturday after talks with President...

Published 25 Feb, 2024 04:52am

Middle East

Israel, Hamas seek ceasefire deal

GAZA STRIP: Dozens of Palestinians in the Gaza Strip have been killed in the latest Israeli strikes, the Hamas-run...

Published 25 Feb, 2024 04:52am

UK Tories suspend MP from parliamentary party over ‘Islamophobic’ comments

LONDON: Britain’s ruling Conservatives on Saturday suspended their former deputy chairman from the parliamentary...

Published 25 Feb, 2024 04:52am

South Asia

One die in blast in India’s Manipur state

GUWAHATI: One person died and another was injured in a bomb blast at a college in Imphal, the capital of India’s...

Published 25 Feb, 2024 04:52am

Asia

At least 15 die in building fire in eastern China

BEIJING: At least 15 people died and 44 more were injured in a fire in a residential building in the eastern Chinese...

Published 25 Feb, 2024 04:52am

Hawk-Eye says made error

LAHORE: Hawk-Eye has confirmed to the Pakistan Cricket Board it made a human error while declaring Rilee Rossouw as...

Published 25 Feb, 2024 04:52am

Karachi Kings beat Lahore Qalandars by two wickets

LAHORE: Karachi Kings defeated Lahore Qalandars by two wickets in a thriller of the Pakistan Super League-9 (PSL-9)...

Published 25 Feb, 2024 04:52am

Four ACs abolished in KP

PESHAWAR: Four accountability courts have been abolished in Peshawar, the federal government issued a notification ...

Updated 25 Feb, 2024 09:22am

KP: ECP allots women’s seats in NA

ISLAMABAD: The Election Commission of Pakistan (ECP) has issued a notification distributing special women’s seats...

Published 25 Feb, 2024 04:52am

Cloudy weather likely

KARACHI: The Pakistan Meteorological Department on Saturday predicted cloudy weather with gusty winds in most parts...

Published 25 Feb, 2024 04:52am

May 9, other cases: ATC to hear bail pleas sans IK’s virtual attendance

LAHORE: An Anti Terrorism Court on Saturday decided to hear the bail petitions of former Chairman PTI Imran Khan in...

Published 25 Feb, 2024 04:52am

Aleem forgoes PP-149, retains NA-117 seat

LAHORE: Istehkam-e-Pakistan Party (IPP) President Abdul Aleem Khan has foregone the Punjab Assembly seat (PP-149)...

Published 25 Feb, 2024 04:52am

Caretaker CM heaps praise on Maryam

LAHORE: Announcing full support to Maryam Nawaz, the PML-N nominee for the slot of Punjab Chief Minister, the...

Published 25 Feb, 2024 04:52am

Shehbaz for waging collective efforts to overcome challenges

LAHORE: Emphasising the need for adopting collective approach for steering the country out of crises, Pakistan ...

Published 25 Feb, 2024 04:52am

PTI, GDA, JI say will observe ‘black day’ on 27th

KARACHI: The opposition parties, PTI, Jamat-e-Islami (JI) and Grand Democratic Alliance (GDA), have called off their...

Published 25 Feb, 2024 04:52am

SIC doesn’t have ‘numbers’, says Bilawal

KARACHI: Pakistan Peoples’ Party (PPP) Chairman Bilawal Bhutto Zardari said that the Sunni Ittehad Council (SIC)...

Published 25 Feb, 2024 04:52am

Court explains why plaint has to be rejected

LAHORE: The Lahore High Court has held if a suit is found to be barred by limitation the plaint has to be rejected...

Published 25 Feb, 2024 04:52am

SFA recovers harmful juice, arrests three

HYDERABAD: The team of Sindh Food Authority Hyderabad acting on the direction of Director General Sindh Food...

Published 25 Feb, 2024 04:52am

We’ve made ‘successful experiment’ of good governance: Naqvi

LAHORE: The caretaker Punjab cabinet, which met with Chief Minister Mohsin Naqvi in the chair, acknowledged the team...

Published 25 Feb, 2024 04:52am

City School convenes ‘Early Years Consortium’

ISLAMABAD: The City School’s Early Years Consortium 2024 convened here on Saturday under the directive of Dr...

Published 25 Feb, 2024 04:52am

Marwat ends differences with Gohar

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Sher Afzal Marwat on Saturday reconciled with party chairman...

Published 25 Feb, 2024 04:52am

Punjab CM election today: Outgoing CM inaugurates upgraded Safari Park

LAHORE: Another promise has been fulfilled by the interim government, as Lahore Safari upgraded project has been...

Published 25 Feb, 2024 04:52am

IHC to hear appeals in Toshakhana, cipher cases tomorrow

ISLAMABAD: The Islamabad High Court from Monday (February 26) will hear the appeals of Pakistan Tehreek-e-Insaf ...

Published 25 Feb, 2024 04:52am

The Weather

KARACHI: The weather report on Saturday (February 24, 2024) and the forecast for Sunday (February 25, 2024)....

Published 25 Feb, 2024 04:52am

Amended oil refinery policy notified

Refineries’ upgradation will bring in an investment of US $5-6 billion and not only result in cleaner environment-friendly fuels but also major savings of precious foreign exchange

Updated 25 Feb, 2024 10:44pm

Caretakers likely to amend Banking Companies Ordinance

ISLAMABAD: The federal government is likely to amend Banking Companies Ordinance, 1962, aimed at allowing voting...

Updated 25 Feb, 2024 10:11pm

CCP grants approval to three mergers

ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval to three mergers concerning M/s Saudi...

Updated 25 Feb, 2024 10:43pm

PML-N’s Malik elected Punjab PA Speaker

LAHORE: In the election held on Saturday, Malik Ahmed Khan of the Pakistan Muslim League-Nawaz (PML-N) secured...

Updated 25 Feb, 2024 10:45pm

Implementation of Ramazan relief package to begin on March 4

ISLAMABAD: The federal government will start implementing Ramzan Relief Package of Rs7.492 billion through Utility...

Updated 25 Feb, 2024 10:11pm

Transfer of assets after dissolution: SECP asks NPOs to intimate FBR within 90 days

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has given a 90 days period to the non-profit...

Updated 25 Feb, 2024 08:58am

PTI-backed independents, JI & GDA MPAs-elect boycott Sindh PA proceedings: MQM-P, PPP MPAs-elect take oath

KARACHI: About all the newly elected members of the PPP and MQM-P on Saturday took oath as the provincial ...

Updated 25 Feb, 2024 09:02am

‘No mention of certain words of Article 20’: SC to hear Punjab govt’s plea seeking review of order tomorrow

ISLAMABAD: The Supreme Court will hear the Punjab government’s petition to review its order dated February 6, 2024...

Updated 25 Feb, 2024 09:01am

Speaker, Deputy Speaker to be elected today

The voting for the slots will begin at 11 am today

Updated 25 Feb, 2024 09:07am

Election for CM tomorrow

The polling for the election of the CM will be held at about 11 a.m. on Monday (February 26)

Updated 25 Feb, 2024 09:08am

2.27m cellphones made/assembled locally in Jan

ISLAMABAD: The local manufacturing/assembling plants manufactured/assembled 2.27 million mobile handsets during the...

Updated 25 Feb, 2024 09:03am

NA: ECP assigns non-Muslim seats

ISLAMABAD: The Election Commission of Pakistan (ECP) has issued a notification allocating non-Muslim special seats ...

Updated 25 Feb, 2024 09:05am

Balochistan Assembly: oath-taking session on 28th

QUETTA: The Balochistan Assembly’s session for the oath-taking of the newly elected MPAs has been summoned on...

Updated 25 Feb, 2024 09:06am

Flood waters have reached Islamabad?

It seems that the flood waters are now gushing towards the capital of the Islamic Republic of Pakistan. I remember ...

Published 25 Feb, 2024 04:51am

Democracy in trouble

EDITORIAL: As global headlines continue to be dominated by news of wars, immigration crises, flawed electoral...

Published 25 Feb, 2024 04:51am

In urgent need of assistance

EDITORIAL: Millions of Pakistanis travel to or live and work in other countries, where they may need consular...

Published 25 Feb, 2024 04:51am

Letters

This interim setup doesn’t deserve any praise?

This is apropos a Business Recorder op-ed “There’s need to focus on economy” carried by the newspaper...

Published 25 Feb, 2024 04:51am

Commodities

Prices of essential kitchen items show rising trend

ISLAMABAD: The prices of essential kitchen items have witnessed an increasing trend during this week past against ...

Published 25 Feb, 2024 04:51am

Commodities

Nickel prices climb

LONDON: Nickel prices were heading for their biggest weekly gain in seven months on Friday as expansion of Western...

Published 25 Feb, 2024 04:51am

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 26.250...

Published 25 Feb, 2024 04:51am

Commodities

Gold gains on dollar weakness

BENGALURU: Gold prices were set for a weekly gain on Friday, buoyed by a softer dollar and safe-haven demand from...

Published 25 Feb, 2024 04:51am

Energy

Oil prices decline

NEW YORK: Oil prices fell nearly 3% lower on Friday and posted a weekly decline after a US central bank policymaker...

Published 25 Feb, 2024 04:51am

Cotton & Textile

Firm trend on cotton market

LAHORE: The local cotton market on Saturday remained steady and the trading volume remained satisfactory. Cotton...

Published 25 Feb, 2024 04:51am

Commodities

CBOT corn, soybean slump

CHICAGO: Chicago Board of Trade corn futures on Friday dipped below $4 per bushel in the front-month contract for ...

Published 25 Feb, 2024 04:51am

Cotton & Textile

Faisalabad Yarn and Fiber Prices

FAISALABAD: Yarn Market Rates on Saturday (February 24, 2024) =========================== 6/S-7/S (COTTON)...

Published 25 Feb, 2024 04:51am

Zambia signs creditor agreement with China and India

LUSAKA: Zambian President Hakainde Hichilema said on Saturday that his country had signed a long-awaited official...

Published 25 Feb, 2024 04:51am

Rising cost of doing business hurts growth of industries: analyst

KARACHI: By setting up our priorities we have to overcome the prevailing most daunting national economic challenges...

Published 25 Feb, 2024 04:51am

PAAPAM opposes proposed hike in ST on automobiles

LAHORE: The Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has voiced serious...

Published 25 Feb, 2024 04:51am

Taxes

Bicycle maker fails to claim input tax adjustment

LAHORE: A bicycle manufacturer has failed to fulfill the conditions prescribed for claiming input tax adjustment...

Published 25 Feb, 2024 04:51am

LCCI in partnership with ACCA hosts ‘Tax Clinic’

Industry

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	1.05
USD to Swiss Franc / Dec 17	0.90
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	154.09

Stock	Volume
S&P 500 / Dec 16	6,074.08
Nasdaq / Dec 16	20,173.89
Dow Jones / Dec 16	43,717.48
India Sensex / Dec 17	80,962.81
Tokyo Nikkei / Dec 17	39,364.68
Hang Seng / Dec 17	19,777.10
FTSE 100 / Dec 17	8,214.43
Germany DAX 30 / Dec 17	20,290.76

Item	Value
Gold 10 Grams PKR / Dec 16	243,059.70
Crude Oil USD/Barrel / Dec 17	70.82
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold Spot USD/Ounce / Dec 17	2,654.67
Cotton US¢/pound / Dec 17	69.11
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Dec 17 Dadabhoy Cement Industries Limited(DBCI)	7.11 ▲ 1.00 (16.37%)
First Capital Equities / Dec 17 First Capital Equities Limited(FCEL)	6.74 ▲ 0.82 (13.85%)
Oilboy Energy / Dec 17 Oilboy Energy Limited(OBOY)	10.45 ▲ 1.00 (10.58%)
LSE Financial Serv. / Dec 17 LSE Financial Services Limited(LSEFSL)	18.32 ▲ 1.67 (10.03%)
Air Link Com. / Dec 17 Air Link Communication Limited(AIRLINK)	208.93 ▲ 18.99 (10.00%)
Data Agro / Dec 17 Data Agro Limited(DAAG)	126.58 ▲ 11.51 (10.00%)
Fazal Cloth / Dec 17 Fazal Cloth Mills Limited(FZCM)	179.55 ▲ 16.32 (10.00%)
Land Mark Spinning / Dec 17 Landmark Spinning Industries Limited(LMSM)	63.91 ▲ 5.81 (10.00%)
Pak Datacom / Dec 17 Pak Datacom Limited(PAKD)	94.49 ▲ 8.59 (10.00%)

Stock	Price
Tri-Star Power / Dec 17 Tri-Star Power Limited(TSPL)	5.51 ▼ -0.74 (-11.84%)
Gulshan Sp. / Dec 17 Gulshan Spinning Mills Limited(GSPM)	4.19 ▼ -0.51 (-10.85%)
Sanghar Sugar / Dec 17 Sanghar Sugar Mills Limited(SANSM)	32.02 ▼ -3.56 (-10.01%)
Aisha Steel (CPS) / Dec 17 Aisha Steel Mills Limited (CPS)(ASLCPS)	20.17 ▼ -2.24 (-10.00%)
Chakwal Spinning / Dec 17 Chakwal Spinning Mills Limited(CWSM)	53.72 ▼ -5.97 (-10.00%)
Leiner Pak Gelat / Dec 17 Leiner Pak Gelatine Limited(LPGL)	126.67 ▼ -14.07 (-10.00%)
Mari Petroleum / Dec 17 Mari Petroleum Company Limited(MARI)	809.76 ▼ -89.97 (-10.00%)
Quetta Textile / Dec 17 Quetta Textile Mills Limited(QUET)	17.73 ▼ -1.97 (-10.00%)
Fateh Ind. / Dec 17 Fateh Industries Limited(FIL)	120.57 ▼ -13.37 (-9.98%)

Stock	Volume
WorldCall Telecom / Dec 17 Worldcall Telecom Limited(WTL)	403,228,918 ▼ -0.06
Pak Elektron / Dec 17 Pak Elektron Limited(PAEL)	107,379,306 ▲ 3.33
Cnergyico PK / Dec 17 Cnergyico PK Limited(CNERGY)	59,584,754 ▼ -0.06
B.O.Punjab / Dec 17 The Bank of Punjab(BOP)	57,023,129 ▲ 0.59
Pak Refinery / Dec 17 Pakistan Refinery Limited(PRL)	55,947,968 ▲ 3.65
Sui South Gas / Dec 17 Sui Southern Gas Company Limited(SSGC)	42,917,218 ▲ 1.17
PIA Holding Co.Ltd / Dec 17 PIA Holding Company Limited(PIAHCLA)	36,337,248 ▲ 1.16
Fauji Foods Ltd / Dec 17 Fauji Foods Limited(FFL)	33,958,478 ▼ -0.28
Hub Power Co. / Dec 17 The Hub Power Company Limited(HUBC)	33,067,460 ▲ 11.97

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