News Archives for Print - 2024-04-08

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Print - 2024-04-08

Middle East

Israel pulls troops out of southern Gaza

OCCUPIED JERUSALEM/CAIRO: Israel said on Sunday it had withdrawn more soldiers from southern Gaza, leaving just one...

Published 08 Apr, 2024 04:46am

Middle East

Israeli embassies ‘no longer safe’ after Syria strike: Iran

TEHRAN: An adviser to Iran’s supreme leader warned Sunday that Israeli embassies are “no longer safe” after a...

Published 08 Apr, 2024 04:46am

Europe

Russia says Ukraine drone hit Zaporizhzhia nuclear plant

MOSCOW: Russia on Sunday said that a Ukraine drone attack hit the Moscow-controlled Zaporizhzhia Nuclear Power ...

Published 08 Apr, 2024 04:46am

Europe

Top Europe rights court to issue landmark climate verdicts

STRASBOURG, (France): Europe’s top rights court will on Tuesday issue unprecedented verdicts in three separate...

Published 08 Apr, 2024 04:46am

Europe

Poland holds local elections in test for Tusk

WARSAW: Poles vote in local elections on Sunday, selecting thousands of councillors and mayors who will play a key...

Published 08 Apr, 2024 04:46am

Trump rakes in $50m as fundraising war with Biden heats up

WASHINGTON: Donald Trump’s campaign said it took in more than $50 million at a single fundraising event Saturday ...

Published 08 Apr, 2024 04:46am

Middle East

Aid agencies decry ‘shocking’ toll six months into Gaza war

GENEVA: United Nations agencies and other aid organisations decried Sunday the devastating toll wreaked by six ...

Published 08 Apr, 2024 04:46am

Middle East

Iran’s foreign minister visits Oman on regional tour

DUBAI: Iranian Foreign Minister Hossein Amirabdollahian travelled to Oman on Sunday on the first leg of a regional...

Published 08 Apr, 2024 04:46am

Global fact-checkers battle harassment, threats, financial perils

WASHINGTON: From India and South Korea to Croatia and North Macedonia, fact-checking organizations battling an...

Published 08 Apr, 2024 04:46am

Middle East

Clashes in south Syria following deadly blast kill 12

BEIRUT: A war monitor said 12 people were killed in southern Syria’s Daraa province on Sunday in violence ...

Published 08 Apr, 2024 04:46am

China conducts ‘combat patrols’ as US holds drills with allies in disputed waters

BEIJING: China conducted “combat patrols” Sunday in the South China Sea, its army said, the same day the...

Published 08 Apr, 2024 04:46am

Rates

PSX hits highest-ever levels

KARACHI: Pakistan Stock Exchange witnessed bullish trend and hit highest ever levels in its history on the back of...

Published 08 Apr, 2024 04:46am

Rates

Futures spread up 3515bps

KARACHI: The futures spread increased by 3515bps to 21.99 percent on the last day of the outgoing week. Trading...

Published 08 Apr, 2024 04:46am

Rates

A minor gain

KARACHI: The rupee ended with a minor gain against the US dollar, continuing a positive close for the sixth...

Published 08 Apr, 2024 04:46am

PTI adds five more to its political committee

ISLAMABAD: Pakistan Tehreek-e-Insaf has announced addition of five more members to the PTI’s Political Committee....

Published 08 Apr, 2024 04:46am

Norway removes Pakistan from its NTA list

ISLAMABAD: In a significant development, Norway has taken the decision to remove Pakistan from its National Threat...

Published 08 Apr, 2024 04:46am

Inflation: what the govt is doing wrong?

Inflation for the current year, so projected the then finance minister Ishaq Dar in his 9 June 2023 budget speech,...

Published 08 Apr, 2024 04:46am

Exiting the economic quagmire: a call to action

Pakistan finds itself ensnared in a period of stagnant growth. If the World Bank’s projection of GDP growth for ...

Published 08 Apr, 2024 04:46am

Letters

Iranian strike on Israel looks imminent

Anticipating a major retaliation from Iran, Israel has shut a number of its embassies around the world. According to...

Published 08 Apr, 2024 04:46am

Transporters increase fares ahead of Eid

KARACHI: Karachiites preparing for Eid-ul-Fitr celebrations are flocking to bus terminals, eager to travel to their...

Published 08 Apr, 2024 04:46am

The role of technology in climate action

In the modern era, technology has become an integral part of our lives, shaping how we work, communicate, and...

Published 08 Apr, 2024 04:46am

Navigating change: Strategies for empowering Pakistani democracy

Elected representatives, including those in the National Assembly, provincial assemblies, Senate, and local...

Published 08 Apr, 2024 04:46am

Farewell ceremony held for CEO FESCO and DG Admin

FAISALABAD: Former Chief Executive Officer (CEO) Faisalabad Electric Supply Company (FESCO) Engr. Bashir Ahmed and...

Published 08 Apr, 2024 04:46am

Babar terms Kakul training camp highly beneficial

LAHORE: Terming the pre-season camp in Kakul as highly successful, Pakistan captain Babar Azam said that this camp...

Updated 08 Apr, 2024 04:51pm

Zardari, Erdogan discuss bilateral ties

ISLAMABAD: President Asif Ali Zardari and Turkish President Recep Tayyip Erdogan have called for further...

Published 08 Apr, 2024 04:46am

Terrorism termed major impediment to foreign investment

KARACHI: Chairman of National Business Group Pakistan and President of Pakistan Businessmen and Intellectuals Forum...

Published 08 Apr, 2024 04:46am

PDP says concerned at rising crimes in Sindh

KARACHI: Expressing grave concern on spiralling incidents of kidnapping for ransom in rural areas and street crime ...

Published 08 Apr, 2024 04:46am

Poisonous alcohol sale, firing in air: RPO Faisalabad vows firm action

FAISALABAD: RPO Faisalabad Dr Muhammad Abid Khan has issued strict orders regarding manufacturing, sale and...

Published 08 Apr, 2024 04:46am

‘Only a healthy force can better protect nation’: IG Punjab

LAHORE: Inspector General Police Punjab Dr Usman Anwar has said in a special message on the occasion of World Health...

Published 08 Apr, 2024 04:46am

Cotton & Textile

Weekly Review: Cotton production surges 71pc to 8.4m bales

KARACHI: Cotton production has surged by 71%, reaching a total of 8.4 million bales; however, ginners have left with...

Published 08 Apr, 2024 04:46am

Saffron cultivation: KP CM asks agri dept to collect data of lands

PESHAWAR: KP Chief Minister Ali Amin Gandapur has directed the authorities of Agriculture Department to collect...

Published 08 Apr, 2024 04:46am

KP to establish three separate directorates in Excise Dept

PESHAWAR: The provincial government of Khyber Pakhtunkhwa has decided to establish three separate directorates in...

Published 08 Apr, 2024 04:46am

Ruet body to meet tomorrow

ISLAMABAD: A pivotal meeting of the Central Ruet-e-Hilal Committee is scheduled for Tuesday, April 9, to determine...

Published 08 Apr, 2024 04:46am

Law and order situation in Sindh: MQM-P demands federal govt intervene

KARACHI: In the wake of escalating street crimes in Karachi, the Muttahida Qaumi Movement Pakistan (MQM-P) has urged...

Published 08 Apr, 2024 04:46am

Stocks

Wall Street Week Ahead: US stocks’ lofty valuations in spotlight as earnings season nears

NEW YORK: The US stock market is the most expensive it has been in around two years. Its valuation could be put to...

Published 08 Apr, 2024 04:46am

Stocks

Europe’s STOXX 600 at two-week low in broader market decline

PARIS: An overall market decline dragged Europe’s benchmark stock index to a more than two-week low on Friday,...

Published 08 Apr, 2024 04:46am

Stocks

HK stocks retreat as geopolitical worries weigh

HONG KONG: Hong Kong stocks fell on Friday, tracking global peers, as mounting geopolitical worries along with...

Published 08 Apr, 2024 04:46am

Adani begins commercial output of wafers, ingots for solar power

AHMEDABAD: Adani Group has begun commercial production of wafer and ingots used for making solar power cells and...

Published 08 Apr, 2024 04:46am

Eurozone inflation falls faster than expected in March

BRUSSELS: The eurozone’s annual rate of inflation dropped further than expected in March, official data showed...

Published 08 Apr, 2024 04:46am

Rates

Automart: car prices in Karachi

Rates in the week ended Sunday April 07, 2024

Published 08 Apr, 2024 04:46am

The Weather

KARACHI: The weather report on Sunday (April 07, 2024) and the forecast for Monday (April 08, 2024)....

Published 08 Apr, 2024 04:46am

IP gas pipeline project: Work begins ahead of Iran president’s visit

Iranian President Ebrahim Raisi expected to visit Pakistan on April 22

Updated 08 Apr, 2024 09:54am

IMF mission to determine size, duration of new loan

ISLAMABAD: The size and duration of a new International Monetary Fund (IMF) loan programme will be determined by the...

Updated 08 Apr, 2024 09:54am

Body formed to review climate change governance, funds

ISLAMABAD: The Prime Minister has constituted a high-level committee to review Climate Change Governance and...

Updated 08 Apr, 2024 08:35am

Yellen, Li express hope for US-China cooperation

BEIJING: US Treasury Secretary Janet Yellen and Chinese Premier Li Qiang sounded a hopeful tone on US-China...

Published 08 Apr, 2024 04:46am

‘National Space Activities Rules 2024’ notified

ISLAMABAD: The government has notified ‘National Space Activities Rules 2024’, applicable to space activities...

Updated 08 Apr, 2024 08:35am

‘Forced’ export of cars: Japan threatens to move WTO

ISLAMABAD: In a surprise move, Japanese government threatened Pakistan to take the case for forcing its three car...

Updated 08 Apr, 2024 09:55am

Conversion to Thar coal: KE seeks NDA with JPCL

ISLAMABAD: K-Electric (KE) has proposed execution of a Non-Disclosure Agreement (NDA) with Jamshoro Power Company...

Updated 08 Apr, 2024 09:57am

Shangla suicide attack: Vehicle transporting Chinese lacked bullet-proof, bomb-resistant features?

ISLAMABAD: A recent police report concerning the tragic suicide attack in Bisham city, Shangla, has unveiled that...

Updated 08 Apr, 2024 08:38am

Tajir Dost Scheme: PTBA moves finance minister

ISLAMABAD: Pakistan Tax Bar Association (PTBA) has strongly recommended the Finance Minister Muhammad Aurangzeb to...

Updated 08 Apr, 2024 09:55am

FBR finalises draft Tax Law (First Amendment) Ord

ISLAMABAD: The Tax Law (First Amendment) Ordinance 2024 has proposed that the appeals filed before the Appellate...

Updated 08 Apr, 2024 08:38am

MBS hosts Iftar for PM

KARACHI: Prime Minister Shehbaz Sharif, who is on a three-day visit to Saudi Arabia, on Sunday attended Iftar hosted...

Updated 08 Apr, 2024 08:34am

Govt asks PPRA to ‘overhaul’ its rules

ISLAMABAD: The federal government has directed the Public Procurement Regulatory Authority (PPRA) to overhaul its...

Updated 08 Apr, 2024 09:56am

The quest for FDI

EDITORIAL: World Bank report titled “South Asia Development Update Jobs for Resilience” highlights the existing...

Published 08 Apr, 2024 04:46am

The kharif outlook

EDITORIAL: Projections for major crops in kharif (April-October) show that the country will have to adjust to the...

Published 08 Apr, 2024 04:46am

Commodities

Prices of kitchen items in Peshawar show a mixed trend

PESHAWAR: Prices of important kitchen items, except live chicken/meat, flour, cooking oil/ghee, sugar, decreased in...

Published 08 Apr, 2024 04:46am

Industry

KP Industries Dept directed to speed up digitization of all businesses

PESHAWAR: Special Assistant to Chief Minister Khyber Pakhtunkhwa on Industries, Commerce and Technical Education...

Published 08 Apr, 2024 04:46am

Budget FY25: PCMEA presents proposals

LAHORE: The Pakistan Carpet Manufacturers and Exporters Association (PCMEA) has forwarded a set of 12-point ...

Published 08 Apr, 2024 04:46am

Money & Banking

Dollar steady

NEW YORK: The dollar strengthened on Friday but was still set for a weekly loss after data showed US employers hired...

Published 08 Apr, 2024 04:46am

Money & Banking

Zimbabwe launches new gold-backed currency

HARARE: Zimbabwe’s central bank launched a new “structured currency” backed by gold on Friday, as it seeks to...

Published 08 Apr, 2024 04:46am

Money & Banking

Asian currencies: Philippine peso, Thai baht at multi-month lows

BENGALURU: Most Asian currencies declined on Friday, despite a fall in the dollar and US bond yields, after hawkish...

Published 08 Apr, 2024 04:46am

Industry

Tobacco control efforts: Health activists assail industry’s disruptive role

Islamabad: Public health activists have raised concerns over the tobacco industry’s persistent attempts to derail...

Published 08 Apr, 2024 04:46am

Fisheries sector: Expert says FDB-ministry initiatives cause meaningful impact on progress

PESHAWAR: Omar Hayat Khan, an expert on fisheries and aquaculture has said that any initiative taken by the ...

Published 08 Apr, 2024 04:46am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 1	278.03
USD PKR Interbank Buying / Jan 1	277.78
USD to Japanese Yen / Jan 1	151.80
USD to Swiss Franc / Jan 1	0.91
Pound Sterling to USD / Jan 1	1.27
Euro to USD / Jan 1	1.09

Stock	Volume
S&P 500 / Jan 1	5,202.39
India Sensex / Jan 1	74,742.50
Tokyo Nikkei / Jan 1	39,570.01
Nasdaq / Jan 1	16,253.96
Hang Seng / Jan 1	16,723.92
FTSE 100 / Jan 1	7,943.47
Dow Jones / Jan 1	38,892.80
Germany DAX 30 / Jan 1	18,318.97

Item	Value
Crude Oil USD/Barrel / Jan 1	86.79
Karachi Cotton PKR/37.32 KG / Jan 1	21,735
Gold 10 Grams PKR / Jan 1	210,648
Gold Spot USD/Ounce / Jan 1	2,340.41

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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