News Archives for Print - 2024-04-23

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Print - 2024-04-23

Conflicts push military spending to ‘all-time high’: report

STOCKHOLM: Global military expenditure saw its steepest increase in over a decade in 2023, reaching an all-time high...

Published 23 Apr, 2024 03:41am

Top BBC news anchor resigns

LONDON: Veteran news anchor Huw Edwards resigned from the BBC on Monday on “medical advice”, the broadcaster...

Published 23 Apr, 2024 03:41am

South Asia

Congress seeks action against Modi for comments about Muslims

NEW DELHI: India’s main opposition Congress party petitioned the Election Commission on Monday to act against ...

Published 23 Apr, 2024 03:41am

200 bodies exhumed at Gaza hospital since Saturday

GAZA STRIP, (Palesti-nian Territories): Gaza’s Civil Defence agency said Monday that health workers had uncovered...

Published 23 Apr, 2024 03:41am

Free bus rides for two months Two new routes of ‘Pink Bus Service’ inaugurated

KARACHI: The Department of Transport, Government of Sindh, has inaugurated two new routes of the Pink Bus Service....

Published 23 Apr, 2024 03:41am

Industry

Regulatory authority for shipping cos: Minister endorses business community’s proposal

KARACHI: The Federal Minister for Maritime Affairs, Qaiser Ahmed Shaikh, has endorsed the proposal of the business...

Published 23 Apr, 2024 03:41am

Sindh CM orders crackdown against sale, purchase of stolen goods

KARACHI: Sindh Chief Minister Murad Ali Shah on Monday directed to take measures to monitor the sale of stolen or...

Published 23 Apr, 2024 03:41am

‘Massive rigging’ in by-polls: PTI to hold nationwide protest rallies on 26th

ISLAMABAD: Amid allegations of massive rigging and to stop results notifications of all 21 national and provincial...

Published 23 Apr, 2024 03:41am

Thatta water supply case: Zardari has immunity under Article 248, NAB tells AC

ISLAMABAD: The National Accountability Bureau (NAB), on Monday, filed a report before the Accountability Court...

Published 23 Apr, 2024 03:41am

Significance, confidentiality of cipher: IHC poses questions to FIA prosecutor

ISLAMABAD: The Islamabad High Court (IHC) asked questions from the Federal Investigation Agency (FIA) prosecutor...

Published 23 Apr, 2024 03:41am

By-elections marred by violence, allegations of vote rigging

ISLAMABAD: Allegations of rigging and violence in the by-elections held on Sunday are not limited to the opposition...

Published 23 Apr, 2024 03:41am

Ali Nasir Rizvi assumes charge of IGP Islamabad

ISLAMABAD: An officer of the Police Service of Pakistan (PSP) Ali Nasir Rizvi, BS-20, on Monday, assumed the charge...

Published 23 Apr, 2024 03:41am

NA reinstates membership of two PTI members

ISLAMABAD: In a goodwill gesture to “pacify” an enraged opposition, the National Assembly on Monday passed a...

Published 23 Apr, 2024 03:41am

Four polling stations of PB-9 Kohlu: SC allows ECP to hold elections on 24th

ISLAMABAD: The Supreme Court allowed the Election Commission of Pakistan (ECP) to hold elections in four polling...

Published 23 Apr, 2024 03:41am

MENA

Tech and crypto: Dubai attracts 9 MNCs with market value of $82bn

Dubai Chamber of Digital Economy revealed that the combined market value of the nine multinational companies (MNCs)...

Updated 23 Apr, 2024 01:29pm

FBR seizes 1,235 packerites of cigarettes worth Rs96m

ISLAMABAD: The Federal Board of Revenue (FBR) has seized 1,235 packerites of cigarettes having approximate value of...

Published 23 Apr, 2024 03:41am

China says committed to ‘friendly’ talks on maritime disputes

QINGDAO (China): A senior Chinese defence official said Monday that Beijing sought to resolve maritime disputes...

Published 23 Apr, 2024 03:41am

Europe

Russia warns of direct conflict between nuclear powers

MOSCOW: Russia said on Monday that US, British and French military support for Ukraine has pushed the world to the...

Published 23 Apr, 2024 03:41am

Israeli military intelligence chief resigns as Gaza pounded

JERUSALEM: Israel’s military intelligence chief has resigned after taking responsibility for failures leading to...

Published 23 Apr, 2024 03:41am

Re-run of vote concludes peacefully in restive Manipur state

GUWAHATI: re-run of voting at 11 polling stations in India’s restive northeastern state of Manipur concluded...

Published 23 Apr, 2024 03:41am

‘China is the winner’ in Maldives election

MALÉ (Maldives): A landslide parliamentary election victory for the Maldives’ pro-China president clears the way...

Published 23 Apr, 2024 03:41am

Prosecution lays out ‘criminal conspiracy’ in historic Trump trial

NEW YORK: Donald Trump engaged in a multi-layered conspiracy of fraud, lies and cover-ups, prosecutors said as...

Published 23 Apr, 2024 03:41am

Iraq, Turkey to elevate security, economic ties after Erdogan visit

BAGHDAD: Turkish President Tayyip Erdogan said relations with Iraq were entering a new phase after the neighbours...

Published 23 Apr, 2024 03:41am

The Weather

KARACHI: The weather report on Monday (April 22, 2024) and the forecast for Tuesday (April 23, 2024)...

Published 23 Apr, 2024 03:41am

Shehbaz lauds Iran for ‘strong stand’ on Gaza

ISLAMABAD: Prime Minister Shehbaz Sharif lauded Iran on Monday for taking a strong stand on the humanitarian...

Published 23 Apr, 2024 03:41am

Companies

PIA restructuring: 2 milestones achieved

ISLAMABAD: Two significant milestones were achieved in the restructuring of the Pakistan International Airlines...

Published 23 Apr, 2024 03:41am

UAE businessmen: Aurangzeb makes a pitch for investments

ISLAMABAD: Federal Minister for Finance and Revenue, Aurangzeb has held meeting with foreign investors including...

Published 23 Apr, 2024 03:41am

At least 11 terrorists killed in two KP operations: ISPR

RAWALPINDI: At least 11 terrorists were killed in two separate operations conducted by the security forces in Khyber...

Published 23 Apr, 2024 03:41am

Muslim world: There is no normalisation of ties with Israel: Raisi

ISLAMABAD: Iranian President Ebrahim Raisi on Monday said that Iran is being told everything can end if it chooses...

Published 23 Apr, 2024 03:41am

Intermediate exams: Complaints portal launched

LAHORE: The Board of Intermediate and Secondary Education (BISE) Examination Complaints Portal, a collaborative...

Published 23 Apr, 2024 03:41am

Filling of acquittal pleas: ATC directs Imran’s lawyer, other accused to fulfill legal formalities

ISLAMABAD: The Anti-Terrorism Court (ATC), on Monday, directed Pakistan Tehreek-e-Insaf (PTI) founding chairman ...

Published 23 Apr, 2024 03:41am

Army chief meets Raisi

RAWALPINDI: General Syed Asim Munir NI (M), Chief of Army Staff (COAS) met His Excellency Ebrahim Raisi, President ...

Published 23 Apr, 2024 03:41am

‘All parties united to safeguard dignity and interests of Pakistan’

ISLAMABAD: National Assembly Speaker Ayaz Sadiq said that all political parties across the board are unanimous and...

Published 23 Apr, 2024 03:41am

Industry

Outsourcing of KPT terminals’ operations: UAE’s AD Ports makes upfront fee payment

KARACHI: AD Ports Group presented Federal Minister Maritime Affairs with a cheque marking the upfront fees payment...

Published 23 Apr, 2024 03:41am

Industry

KATI president extends warm felicitations to Iranian President

KARACHI: President Johar Qandhari of the Korangi Association of Trade and Industry (KATI) extended a warm welcome to...

Published 23 Apr, 2024 03:41am

TEVTA, Pakistan Solar Association sign MoU

LAHORE: The MoU signing ceremony between TEVTA and Pakistan Solar Association was held at the TEVTA Secretariat,...

Published 23 Apr, 2024 03:41am

Pesticide industry presents suggestions to Punjab govt

LAHORE: Pesticide industry’s representatives on Monday presented a set of suggestions and offered their technical...

Published 23 Apr, 2024 03:41am

PML-N’s victory in bye-polls reflection of people’s trust in party: PM

LAHORE: Felicitating the newly elected members of the national and provincial assemblies in the by-elections, Prime...

Published 23 Apr, 2024 03:41am

Court holiday

LAHORE: The Lahore High Court at principal seat and all the subordinate courts in the metropolitan will remain close...

Published 23 Apr, 2024 03:41am

Nawaz Sharif leaves for China

LAHORE: Former prime minister and Pakistan Muslim League (PML-N) Quaid Nawaz Sharif left on a four-day visit of...

Published 23 Apr, 2024 03:41am

Maryam embarks on ‘Roshan Punjab Programme’

LAHORE: The Punjab Chief Minister Maryam Nawaz Sharif, while according approval to give 1KV solar systems to 50,000...

Published 23 Apr, 2024 03:41am

Stocks

Wall St gains after Friday sell-off

NEW YORK: US stocks rose on Monday in choppy trading after steep losses in the previous session as easing Middle ...

Published 23 Apr, 2024 03:41am

Stocks

European stocks rebound, eyes on earnings and data

PARIS: European stocks closed higher on Monday, with British blue-chips nearing record levels as investors took...

Published 23 Apr, 2024 03:41am

Stocks

HK shares jump on policy support; China slips

SHANGHAI: Hong Kong stocks jumped on Monday, as investors found comfort in China securities regulator’s decision ...

Published 23 Apr, 2024 03:41am

Stocks

Tokyo stocks close higher

TOKYO: Tokyo stocks closed higher on Monday, rebounding from sharp losses last week as fears over the Middle East...

Published 23 Apr, 2024 03:41am

Pakistan’s debt dilemma: navigating turbulent waters

In the intricate fabric of Pakistan’s economic landscape, a daunting debt crisis casts a long shadow, threatening...

Published 23 Apr, 2024 03:41am

Persistent decline of manufacturing sector

The latest monthly data for February 2024 on the Quantum Index of Manufacturing (QIM) has been released recently by...

Published 23 Apr, 2024 03:41am

PARTLY FACETIOUS: ‘You say tomato the Donald Lu way and I say tomaaato the Sunak way’

“I tell you we are the trailblazers.” “We as in?” “This country. Let me clarify: what is the likelihood...

Published 23 Apr, 2024 03:41am

Letters

‘Can Pakistan do better than ADB’s predictions?’

This is apropos a letter to the Editor carried by the newspaper yesterday. The writer is spot on, so to speak. ...

Published 23 Apr, 2024 03:41am

PSX – a historical perspective

Pakistan Stock Exchange (PSX) is the national stock exchange of Pakistan. It was established with the name of...

Updated 23 Apr, 2024 12:01pm

Rain, thunder, lightning: fresh spell to begin tomorrow

KARACHI: A fresh rainy-thunderous spell is poised to drench the entire country from the night of April 24 through...

Published 23 Apr, 2024 03:41am

Pakistan-Iran relations ‘bedrock of our foreign policy,’ says Senate chairman Gilani

ISLAMABAD: Chairman Senate Yousuf Raza Gilani has said that strong bilateral ties between Iran and Pakistan are...

Published 23 Apr, 2024 03:41am

Long-term partnerships in higher education: UK team arrives to explore opportunities

ISLAMABAD: A delegation of leading UK universities, education champions and experts led by the UK government’s...

Published 23 Apr, 2024 03:41am

Rates

LME official prices

LONDON: The following were Friday official prices. ========================================= ALUMINIUM...

Published 23 Apr, 2024 03:41am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (April 22, 2024)....

Published 23 Apr, 2024 03:41am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (April 22, 2024). ==================================== BR...

Published 23 Apr, 2024 03:41am

Rates

PSX hits historic high

KARACHI: A positive momentum continued at Pakistan Stock Exchange (PSX) on Monday and the index reached fresh record...

Published 23 Apr, 2024 03:41am

Cotton & Textile

Faisalabad Yarn and Fiber Prices

FAISALABAD: Yarn Market Rates on Monday (April 22, 2024) =========================== 6/S-7/S (COTTON)...

Published 23 Apr, 2024 03:41am

Commodities

Iron ore futures weaken

BEIJING: Iron ore futures prices ticked lower on Monday, weighed down by diminishing hopes of more stimulus in top...

Published 23 Apr, 2024 03:41am

Commodities

Gold drops more than 2pc

BENGALURU: Gold prices dropped more than 2% to a one-week low on Monday as worries over a wider Middle East conflict...

Published 23 Apr, 2024 03:41am

Commodities

PMEX daily trading report

KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 37.222...

Published 23 Apr, 2024 03:41am

Commodities

Japan rubber futures rise

SINGAPORE: Japanese rubber futures rose for a second session on Monday amid muted rubber supply, while stronger...

Published 23 Apr, 2024 03:41am

Commodities

Chicago wheat futures post gains

PARIS/SINGAPORE: Chicago wheat rose on Monday to hold near a two-week high as concerns over crop weather in the...

Published 23 Apr, 2024 03:41am

Energy

US crude futures climb back into positive territory

HOUSTON: US crude futures returned to positive territory on Monday after falling on easing fears of a wider Mideast...

Published 23 Apr, 2024 03:41am

Rates

Activities of Karachi Port Trust and Port Qasim

KARACHI: The Karachi Port Trust handled 215,324 tonnes of cargo comprising 109,693 tonnes of import cargo and ...

Published 23 Apr, 2024 03:41am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday, (April 22, 2024)...

Published 23 Apr, 2024 03:41am

Cotton & Textile

Official spot rate firm on cotton market

LAHORE: The local cotton market on Monday remained stable and the trading volume remained low. Cotton Analyst ...

Published 23 Apr, 2024 03:41am

Commodities

EU wheat rallies on war, weather risks

PARIS: Paris wheat futures jumped on Monday to their highest since late January as adverse weather in parts of ...

Published 23 Apr, 2024 03:41am

Commodities

Supply fears fuel tin’s surge to 22-month high

LONDON: Tin prices jumped to 22-month highs on Monday as the market fretted over supplies from Indonesia and sliding...

Published 23 Apr, 2024 03:41am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on ...

Published 23 Apr, 2024 03:41am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (April 22, 2024). ======================== Open Bid Rs...

Published 23 Apr, 2024 03:41am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (April 22, 2024)....

Published 23 Apr, 2024 03:41am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (April 22, 2024)...

Published 23 Apr, 2024 03:41am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (April 22, 2024). ======================================= Offset...

Published 23 Apr, 2024 03:41am

Raisi meets Zardari

ISLAMABAD: Pakistan and Iran underscored the need for operationalising bilateral trade mechanisms to boost the ...

Published 23 Apr, 2024 03:41am

Pakistan, Iran agree to ban terrorist organisations

ISLAMABAD: Pakistan and Iran on Monday decided in principle to ban terrorist organizations in their respective...

Updated 23 Apr, 2024 08:46am

‘Security reasons’: No media interaction with Raisi

ISLAMABAD: Iranian President Dr Ebrahim Raisi’s media interaction and planned reception got cancelled due to the...

Updated 23 Apr, 2024 09:26am

Pakistan, Iran sign 8 agreements, MoUs: Trade volumes to be hiked to $10bn in 5 years

ISLAMABAD: Pakistan and Iran have agreed to increase the volume of bilateral trade to $10 billion in the next five...

Updated 23 Apr, 2024 09:46am

TIP slams NTDC for not awarding it contract

ISLAMABAD: Telephone Industries of Pakistan (TIP), an arm of the Ministry of Defence Production (MoDP), criticised...

Updated 23 Apr, 2024 08:27am

Guided by SIFC: Power Division updated on NPGCL-Ningbo pact

ISLAMABAD: Chief Executive Officer (CEO), Northern Power Generation Company (NPGCL) has shared detailed background...

Updated 23 Apr, 2024 08:45am

Shanghai Electric Power withdraws KE stake acquisition offer

KARACHI: Shanghai Electric Power Company withdrew its offer to acquire up to 66.4% of Pakistani power company...

Updated 23 Apr, 2024 09:07am

Chronic power defaulters: Govt faces challenging task of over Rs1trn recovery

ISLAMABAD: The federal government has the challenging task of recovering the huge amount of over Rs1 trillion from...

Updated 23 Apr, 2024 09:02am

PSX collaborates with LSEG on ESG

KARACHI: In a landmark development, Pakistan Stock Exchange (PSX) has signed a collaborative understanding with LSEG...

Published 23 Apr, 2024 03:41am

Jul-Mar FDI inflows decline 10pc YoY

KARACHI: Inflows of Foreign Direct Investment (FDI) in the country declined by 10 percent during the first nine...

Updated 23 Apr, 2024 09:42am

C/A posts 3rd highest monthly surplus in March

KARACHI: The country’s external account is performing well, posting the third highest monthly current account...

Published 23 Apr, 2024 03:41am

Non-exporters: FBR issuing urgent alert to check misuse of CNICs/NTNs

ISLAMABAD: The Federal Board of Revenue (FBR) is issuing an urgent alert to the Customs field formations to check...

Updated 23 Apr, 2024 08:54am

Pakistan ‘highly vulnerable’ to impacts of climate change: WB

ISLAMABAD: The World Bank has warned that Pakistan is highly vulnerable to the impacts of climate change, with...

Updated 23 Apr, 2024 08:37am

SECP imposes some curbs on modaraba companies

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has imposed some restrictions on the modaraba...

Updated 23 Apr, 2024 08:17am

No economic growth despite $200bn foreign aid commitments: PIDE

ISLAMABAD: Pakistan Institute of Development Economics (PIDE) in a study has claimed that since inception, the...

Published 23 Apr, 2024 03:41am

Taxes

KCCI chief urges FBR to defer implementation of SRO 350

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh has asked the Federal...

Published 23 Apr, 2024 03:41am

IT, ITeS export remittances up 17.37pc in first 8 months

ISLAMABAD: IT and IT-enabled Services (ITeS) export remittances comprising computer services and call centre ...

Published 23 Apr, 2024 03:41am

Taxes

FBR chief interacts with taxpayers in E-Kachehri

Islamabad: Chairman Federal Board of Revenue (FBR) Malik Amjed Zubair Tiwana on Monday directly interacted with...

Published 23 Apr, 2024 03:41am

Commodities

Gold prices fall sharply

KARACHI: The local gold prices on Monday saw a sharp downturn with the global bullion value dropping below $2400,...

Published 23 Apr, 2024 03:41am

Taxes

Tax department fails to recover tax from bank accounts of taxpayer

LAHORE: The Tax department has failed to recover the tax assessed from bank accounts of taxpayer without issuance of...

Published 23 Apr, 2024 03:41am

Local auto industry seeks govt’s support

LAHORE: Local auto industry has demanded of the government to take appropriate measures, to support the local auto...

Published 23 Apr, 2024 03:41am

Commodities

Malaysian palm oil futures rebound

SINGAPORE: Malaysian palm oil futures rebounded on Monday to snap a six-day decline to track higher soyoil prices,...

Published 23 Apr, 2024 03:41am

Commodities

Funds post record sell-off in CBOT soyaaoil as US supplies build

NAPERVILLE, (Illinois): Large speculators have again adopted strongly bearish views in Chicago-traded soyabean oil...

Published 23 Apr, 2024 03:41am

Commodities

Russian wheat export prices down

MOSCOW: Russian wheat export prices decreased slightly last week amid active shipments and an expansion of the ...

Published 23 Apr, 2024 03:41am

Money & Banking

Indian rupee ends higher on inflows

MUMBAI: The Indian rupee rose on Monday aided by likely equity inflows and dollar sales from state-run banks, ...

Published 23 Apr, 2024 03:41am

Regulating organ transplants

EDITORIAL: It’s been more than two decades since a law was enacted in compliance with the World Health...

Published 23 Apr, 2024 03:41am

Previous Day

Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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