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 / 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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