News Archives for Print - 2024-03-25

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Print - 2024-03-25

Too many lethal weapons in private hands

EDITORIAL: Possession of firearms in this country has long been prized as a status symbol. More lethal the weapons,...

Published 25 Mar, 2024 06:07am

‘Q-Block’ needs to reinvent itself?

Pakistan’s economy has entered the stabilisation phase after going through an extremely turbulent period. However,...

Published 25 Mar, 2024 06:06am

Pakistan and IMF

The second and final review of the nine-month Stand-By Arrangement (SBA) with the International Monetary Fund (IMF)...

Published 25 Mar, 2024 06:05am

Balanced C/A by itself: no sustainable strategy

EDITORIAL: The current account (C/A) is one economic variable that is coming under control, no thanks to the economy...

Published 25 Mar, 2024 05:54am

Memon replaces Mukhtar as Sindh police chief

ISLAMABAD: The government has appointed Ghulam Nabi Memon, a Grade-21 officer of Police Serve of Pakistan, as...

Published 25 Mar, 2024 05:47am

Governor condoles with Russian CG

KARACHI: Governor Sindh Kamran Khan Tessori today visited consulate of Russian Federation and offered his condolence...

Published 25 Mar, 2024 05:47am

Balochistan launches anti-polio vaccination drive

QUETTA: Following the recent emergence of two polio cases in Balochistan after a three-year gap, health authorities...

Published 25 Mar, 2024 05:47am

PDP says country does not need new loans

KARACHI: Pasban Democratic Party (PDP) Chairman Altaf Shakoor has said the debt trap is becoming deadlier with every...

Published 25 Mar, 2024 05:47am

New selection committee announced ahead of World Cup

LAHORE: New men’s national selection committee comprising seven members with equal powers, Pakistan Cricket Board...

Published 25 Mar, 2024 05:47am

WTO hits road block over advancing dispute reform talks

GENEVA: The World Trade Organization is struggling to find an ambassador to lead negotiations on fixing its hobbled...

Published 25 Mar, 2024 05:47am

Africa

More than 130 kidnapped Nigerian schoolchildren released

ABUJA: More than 130 schoolchildren kidnapped by gunmen in northwestern Nigeria earlier this month were released...

Published 25 Mar, 2024 05:47am

Middle East

Islamic State still a threat in Iraq, US ambassador says

BAGHDAD: The Islamic State still poses a threat in Iraq and the US-led military coalition’s work with Iraq to ...

Published 25 Mar, 2024 05:47am

Turkiye’s ‘Communist mayor’ embarks on conquest of Istanbul district

ISTANBUL: Fatih Macoglu, the popular “Communist Mayor” of a city in eastern Turkiye, is now vying for control of...

Published 25 Mar, 2024 05:47am

Ukraine had ‘no involvement’ in Moscow attack: White House

WASHINGTON: Ukraine had “no involvement whatsoever” in the massacre in a Moscow concert hall that killed more...

Published 25 Mar, 2024 05:47am

Europe

Ukraine says it hit two Russian warships in strikes on Crimea

KYIV: The Ukrainian military said it hit two large Russian landing ships in attacks on the annexed Crimean peninsula...

Published 25 Mar, 2024 05:47am

Russia stages major airstrike on Ukraine

KYIV: Russia struck critical infrastructure in Ukraine’s western region of Lviv with missiles early on Sunday, ...

Published 25 Mar, 2024 05:47am

Street lights in Peshawar to be shifted on solar energy: Gandapur

PESHAWAR: KP Chief Minister Ali Amin Gandapur has said that the government has planned switch on the street-lights ...

Published 25 Mar, 2024 05:47am

SCF launches week long community led tree plantation drive

HYDERABAD: Sindh Community Foundation, in collaboration with the Sindh Forest Department District Thatta, launched a...

Published 25 Mar, 2024 05:47am

PFA tightens noose around dead, emaciated chickens’ suppliers

LAHORE: The Punjab Food Authority (PFA) has tightened the noose around the suppliers of dead and emaciated chickens...

Published 25 Mar, 2024 05:47am

PCB directors assigned task of increasing revenue

LAHORE: Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi has assigned tasks to the directors of the board for...

Published 25 Mar, 2024 05:47am

Jaranwala tragedy: 150 victims get essential items

FAISALABAD: In connection with the restoration of the Jaranwala tragedy in Bishop House Railway Road, 150 victims...

Published 25 Mar, 2024 05:47am

Need stressed to apprise youth about importance of freedom

KARACHI: Director General Public Relations Information Department, Government of Sindh Muhammad Saleem Khan has said...

Published 25 Mar, 2024 05:47am

Minister slams Barrister Saif’s allegation on Maryam

LAHORE: Provincial Minister for Information Azma Bokhari while giving a stern response on the statement of Barrister...

Published 25 Mar, 2024 05:47am

Issuing of fake bank statements for UK visas: FIA arrests accused on British embassy complaint

KARACHI: FIA Anti-Human Trafficking Circle Karachi arrested the accused involved in issuing fake bank statements to...

Published 25 Mar, 2024 05:47am

Chinese CG holds farewell party for Gwadar students

KARACHI: Chinese Consulate General in Karachi has held a farewell party for students from Gwadar Institute of...

Published 25 Mar, 2024 05:47am

Rates

Automart: car prices in Karachi

KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Sunday (March 24,...

Published 25 Mar, 2024 05:47am

The Weather

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

Published 25 Mar, 2024 05:47am

Rates

PSX witnesses mixed trend

KARACHI: Pakistan Stock Exchange witnessed mixed trend during the outgoing week ended on March 22, 2024 as the...

Published 25 Mar, 2024 05:47am

Rates

Futures spread up 865bps

KARACHI: The futures spread increased by 865bps to 30.95 percent on the last day of the outgoing week. Trading...

Published 25 Mar, 2024 05:47am

Rates

A small boost

KARACHI: The rupee increased marginally for the fourth consecutive week as it gained Re0.60 or 0.20% against the US...

Published 25 Mar, 2024 05:47am

Christian employees: Advance salary, pension ordered

ISLAMABAD: The government has directed that arrangements should be made in advance to pay salaries and pension to ...

Published 25 Mar, 2024 05:47am

PM highlights significance, criticality of Pak-Saudi relationship

ISLAMABAD: Prime Minister Shehbaz Sharif said on Sunday that Pakistan and Saudi Arabia will stand by each other’s...

Published 25 Mar, 2024 05:47am

Police steps up crackdown with a view to creating ‘drug-free Punjab’

LAHORE: Punjab Police has accelerated the crackdown across the province for drug-free Punjab. Under the direction of...

Published 25 Mar, 2024 05:47am

‘Special’ polio campaign to be launched tomorrow

LAHORE A special polio eradication campaign dubbed as campaign response will commence on Monday (tomorrow) in 7...

Published 25 Mar, 2024 05:47am

CM orders crackdown on chemical-coated string manufacturing

LAHORE: Chief Minister Punjab Maryam Nawaz has ordered to launch a crackdown agaianst the making, selling and buying...

Published 25 Mar, 2024 05:47am

Afghan refugees: UNHCR Commissioner briefed on teaching skills

LAHORE: United Nations High Commissioner for Refugees, Regional Bureau for Asia and the Pacific Damla Bayuktaskin...

Published 25 Mar, 2024 05:47am

Grand Mufti of Bosnia & Herzegovina meets Rector IIUI

ISLAMABAD: The esteemed Grand Mufti of the Islamic Community of Bosnia and Herzegovina, Dr Husein ef Kavazovic ...

Published 25 Mar, 2024 05:47am

Zardari confers military awards on officers of armed force

ISLAMABAD: President Asif Ali Zardari has reportedly conferred military awards upon 41 officials of armed forces....

Published 25 Mar, 2024 05:47am

PM vows to take steps aimed at eradicating tuberculosis

ISLAMABAD: The Prime Minister has reiterated government’s resolve towards at eradicating tuberculosis and ...

Published 25 Mar, 2024 05:47am

Navy rescues 8 Iranian fishermen

KARACHI: Pakistan Navy War Ship safely rescued 8 Iranian fishermen from open sea after uncontrollable fire occurred...

Published 25 Mar, 2024 05:47am

Fahd Haroon awarded Sitara-i-Imtiaz

KARACHI: Former Minister of State & Special Assistant to the Prime Minister of Pakistan Anwaar-ul-Haq Kakar and...

Published 25 Mar, 2024 05:47am

PTI not allowed to hold rally in Islamabad

ISLAMABAD: The district administration of the federal capital has turned down Pakistan Tehreek-e-Insaf (PTI)...

Published 25 Mar, 2024 05:47am

Battle to end TB must be won: CM Punjab

LAHORE: “Today is the expression of our unwavering determination for the complete eradication of TB,” said Chief...

Published 25 Mar, 2024 05:47am

Energy

Fesco says started working towards providing new power connections

FAISALABAD: Chief Executive Officer (CEO) Faisalabad Electric Supply Company (FESCO) Engr Muhammad Amir has said ...

Published 25 Mar, 2024 05:47am

Number of iftar parties witnesses rise in the second ashra of Ramazan

ISLAMABAD: As the month of Ramazan has entered into the second Ashra, the tradition of hosting and attending Iftar...

Published 25 Mar, 2024 05:47am

PCT & VI rolls out 2-month hotel management internship programme in Gwadar

ISLAMABAD: The Pak-China Technical and Vocational Institute (PCT & VI) has successfully started a two-month ...

Published 25 Mar, 2024 05:47am

Letters

Pakistan’s woes: Saudi Arabia can be a solution

In the Red Sea port city of Saudi Arabia, Jeddah, our Chief of Army Staff (COAS) General Syed Asim Munir met the de...

Published 25 Mar, 2024 05:47am

Govt to launch local train service in Peshawar

PESHAWAR: Chief Minister Khyber Pakhtunkhwa Ali Amin Khan Gandapur said the government has planned to launch a local...

Published 25 Mar, 2024 05:47am

World Tuberculosis Day marked

LAHORE: With the theme-”Yes! We can end TB!”, the World TB Day 2024 was marked here on Sunday like other parts ...

Published 25 Mar, 2024 05:47am

Exporting for innovation and profitability

Pakistan’s innovation landscape presents a grim picture. Pakistan ranked 88th globally and 7th regionally in the...

Updated 25 Mar, 2024 06:11am

Stocks

Wall Street Week Ahead: Broadening US market rally gets boost from dovish Fed

NEW YORK: A reassuring economic outlook and dovish signals from the Federal Reserve are encouraging investors to ...

Published 25 Mar, 2024 05:47am

Stocks

Most Gulf bourses end near flat

DUBAI: Most stock markets in the Gulf ended little changed on Sunday and the Saudi index dipped, with weaker oil...

Published 25 Mar, 2024 05:47am

Stocks

FTSE 100 gains for second straight week

LONDON: UK’s FTSE 100 closed at its highest level in a year on Friday as investors continued to cheer the dovish...

Published 25 Mar, 2024 05:47am

Stocks

Tokyo’s Nikkei index renews record high at close

TOKYO: Tokyo’s key Nikkei index ended at another record on Friday after Wall Street stocks also hit fresh highs on...

Published 25 Mar, 2024 05:47am

Torkham border reopened

TORKHAM: Pak-Afghan Torkham border has been restored for crossing after three hours. According to border security...

Published 25 Mar, 2024 05:47am

Secy Commerce to visit Afghanistan today

ISLAMABAD: Secretary Commerce Khurram Agha will visit Afghanistan on Monday (today), media reported attributing to...

Published 25 Mar, 2024 05:47am

Aurangzeb to head ECC as PM withdraws

ISLAMABAD: Prime Minister Shehbaz Sharif has reconstructed the Economic Coordination Committee (ECC) of the cabinet...

Updated 25 Mar, 2024 09:42am

Spring BoG meetings of World Bank, IMF: Finance minister to lead delegation

ISLAMABAD: The Spring meetings 2024 of the Board of Governors of the World Bank Group and International Monetary...

Updated 25 Mar, 2024 11:10am

Traders welcome registration of shopkeepers’ scheme

All Pakistan Anjuman Tajran strongly supports registration of traders’ community without increase in burden or incidence of taxes on shopkeepers

Updated 25 Mar, 2024 01:38pm

Property market crisis: China needs to ‘reinvent itself’: IMF MD

BEIJING: China needs to “reinvent itself” with economic policies to speed resolution of its property market crisis...

Updated 25 Mar, 2024 08:56am

PD revises price forecast for spot LNG

ISLAMABAD: The Ministry of Energy (Petroleum Division) has revised price forecast for spot LNG with Sui gas...

Updated 25 Mar, 2024 09:43am

Russians lower flags, lay flowers to honour concert hall attack victims

MOSCOW: Russia lowered flags to half-mast on Sunday for a day of mourning after scores of people were gunned down...

Updated 25 Mar, 2024 08:56am

Commencing work on Azad Pattan HPP: APPL given one month by PPIB

ISLAMABAD: Private Power and Infrastructure Board (PPIB) has reportedly given one month to Chinese Company M/s Azad...

Updated 25 Mar, 2024 09:46am

Reko Diq project: foolproof security ordered by PM

PM Shehbaz says consultations should be held with all stakeholders regarding the project at the official level and all the obstacles should be removed

Updated 25 Mar, 2024 09:41am

Regularisation of un-registered mobile phones: FBR issues procedure for commercial importers

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a procedure for the commercial importers for regularization...

Updated 25 Mar, 2024 08:51am

Israel besieges two more Gaza hospitals

CAIRO: Israeli forces besieged two more Gaza hospitals on Sunday, pinning down medical teams under heavy gunfire,...

Updated 25 Mar, 2024 08:56am

KP-EZDMC asked to take steps towards industrial promotion

PESHAWAR: Special Assistant to KP Chief Minister on Industries, Commerce and Technical Education, Abdul Karim Khan...

Updated 25 Mar, 2024 09:43am

Companies

BoK, ICMA sign MoU

PESHAWAR: Bank of Khyber (BoK) and the Institute of Cost and Management Accountants (ICMA) have partnered through ...

Published 25 Mar, 2024 05:47am

Industry

Uplift of fisheries, aquaculture sectors: Lack of trained manpower described as ‘main hurdle’

PESHAWAR: Due to lack of trained human resource and political will, the potential fisheries and aquaculture sub...

Published 25 Mar, 2024 05:47am

Cotton & Textile

Weekly Cotton Review: No change in spot rate amid falling business volumes

KARACHI: Stability in cotton prices remains elusive as business volume sees a significant downturn. Ginners are now...

Published 25 Mar, 2024 05:47am

Commodities

Prices of essential food items in Peshawar remain high

PESHAWAR: Prices of essential food commodities, including live chicken/meat, vegetables, flour, dates, cooking...

Published 25 Mar, 2024 05:47am

Money & Banking

Most Latam FX weaken on dollar strength

BRISILIA: Most Latin American currencies dropped against a firm dollar on Friday, with investors awaiting...

Published 25 Mar, 2024 05:47am

Money & Banking

Australia, NZ dlrs set for 2nd straight weekly decline

SYDNEY: The Australian and New Zealand dollars on Friday were headed for a second straight week of losses against a...

Published 25 Mar, 2024 05:47am

Money & Banking

Pound hits one-month low as BOE drops more rate cut hints

LONDON: The pound fell to its lowest so far this month on Friday, after data showed UK consumer spending stagnated ...

Published 25 Mar, 2024 05:47am

Money & Banking

Fed optimism powers Indian shares to weekly gains

BENGALURU: Indian shares advanced on Friday, posting weekly gains, helped by a rally fuelled by investor optimism...

Published 25 Mar, 2024 05:47am

Revenue requirements/prescribed prices: Ogra to hold public hearing in response to SNGPL’s plea today

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) is conducting a public hearing at Lahore on Monday (today) on...

Published 25 Mar, 2024 05:47am

Energy

Saudi Aramco CEO calls energy transition strategy a failure

HOUSTON: Pointing to the still paltry share of renewable energy in global supply, the head of Saudi Aramco described...

Published 25 Mar, 2024 05:47am

Companies

McDonald’s stores close in Sri Lanka after deal ended, lawyer says

COLOMBO: McDonald’s has ended an agreement with its local partner in Sri Lanka and all 12 outlets in the country...

Published 25 Mar, 2024 05:47am

Minister predicts decline in inflation next year

LAHORE: Federal Minister for Industries and Production Rana Tanveer Hussain expressed optimism about a decrease in...

Published 25 Mar, 2024 05:47am

Cotton & Textile

Faisalabad Yarn and Fiber Prices

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

Published 25 Mar, 2024 05:47am

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	155.74
USD to Swiss Franc / Jan 17	0.91
Pound Sterling to USD / Jan 17	1.22

Stock	Volume
S&P 500 / Jan 16	5,937.34
Nasdaq / Jan 16	19,338.29
Dow Jones / Jan 16	43,153.13
India Sensex / Jan 17	76,671.81
Tokyo Nikkei / Jan 17	38,451.46
Hang Seng / Jan 17	19,567.81
FTSE 100 / Jan 17	8,477.94
Germany DAX 30 / Jan 17	20,852.83

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 16	18,785
Gold 10 Grams PKR / Jan 16	241,941
Crude Oil USD/Barrel / Jan 17	79.09
Gold Spot USD/Ounce / Jan 17	2,713.02
Cotton US¢/pound / Jan 17	67.05
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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