News Archives for Print - 2024-04-24

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Print - 2024-04-24

In historic visit, Iranian President Raisi says decision made to increase bilateral trade five-fold to $10bn

TEXT: Iranian President Dr Ebrahim Raisi said a key decision to increase bilateral trade volume to $10 billion has...

Published 24 Apr, 2024 03:50am

EU lawmakers greenlight new rules to rein in national spending

STRASBOURG, (France): European Union lawmakers on Tuesday backed new budgetary rules aimed at boosting investment...

Published 24 Apr, 2024 03:50am

Europe

Migrants drown in Channel, Sunak says nothing will stop Rwanda policy

WIMEREUX (France): Five people, including a child, died in an attempt to cross the English Channel from France on...

Published 24 Apr, 2024 03:50am

Europe

Irish PM gives state apology over 1981 disco fire

DUBLIN: Ireland’s prime minister, Simon Harris, gave a formal state apology on Tuesday to the families of 48 young...

Published 24 Apr, 2024 03:50am

USA

US troops targeted in western Iraq: official

WASHINGTON: American forces were targeted at a base in western Iraq, a US defense official said Tuesday, the second...

Published 24 Apr, 2024 03:50am

South Asia

Indian court extends pre-trial detention of Kejriwal

NEW DELHI: A Delhi court on Tuesday extended the pre-trial detention of Indian opposition leader Arvind Kejriwal...

Published 24 Apr, 2024 03:50am

Middle East

No let-up on 200th day of Israel-Hamas war

GAZA STRIP: The Israel-Hamas war entered its 200th day on Tuesday with fears mounting of an Israeli invasion in the...

Published 24 Apr, 2024 03:50am

UN calls for international probe into deaths at Gaza hospitals

GENEVA: The United Nations called Tuesday for an international investigation into reports of mass graves at two Gaza...

Published 24 Apr, 2024 03:50am

Prosecutors accuse Trump of ‘willful’ violations of gag order

NEW YORK: Prosecutors on Tuesday accused Donald Trump of brazenly violating a gag order imposed by the judge...

Published 24 Apr, 2024 03:50am

Middle East

Azerbaijan says ‘closer than ever’ to Armenia peace deal

BAKU: Azerbaijani President Ilham Aliyev said on Tuesday a peace deal with Armenia was closer than ever before, as...

Published 24 Apr, 2024 03:50am

South Asia

Modi calls rivals pro-Muslim

NEW DELHI: Indian Prime Minister Narendra Modi and his Hindu nationalist party have begun attacking opposition...

Published 24 Apr, 2024 03:50am

Traders resent ‘Karachi lockdown’

KARACHI: Amid business downturn, the Sindh government’s move to keep the city lockdown on Tuesday on the arrival ...

Published 24 Apr, 2024 03:50am

IK rejects reports of any deal with powers that be

ISLAMABAD: The incarcerated Pakistan Tehreek-e-Insaf (PTI) founding chairman, Imran Khan, on Tuesday, rejected the...

Updated 24 Apr, 2024 09:02am

Iran threatens to annihilate Israel should it launch a major attack

DUBAI: An Israeli attack on Iranian territory could radically change dynamics and result in there being nothing left...

Published 24 Apr, 2024 03:50am

IRSA decides to distribute additional water

ISLAMABAD: The Indus River System Authority (IRSA) has decided to distribute nearly 250,000 cusecs of additional...

Published 24 Apr, 2024 03:50am

Europe

Germany arrests EU parliamentary staffer on China spying charges

BERLIN: German police have arrested an assistant to a European Parliament member on suspicion of “an especially...

Published 24 Apr, 2024 03:50am

Iran says ready to expand energy cooperation

LAHORE: Commending Pakistan’s principle stance on the situation in Gaza, Iranian President Dr Seyyed Ebrahim Raisi...

Updated 24 Apr, 2024 09:25am

Asia hit hardest by climate, weather disasters in 2023: UN

GENEVA: Asia was the world’s most disaster-hit region from climate and weather hazards in 2023, the United Nations...

Published 24 Apr, 2024 03:50am

The Weather

KARACHI: The weather report on Tuesday (April 23, 2024) and the forecast for Wednesday (April 24, 2024)...

Published 24 Apr, 2024 03:50am

Saylani Trust along with Rotary International sends aid to Gaza

KARACHI: The non-profit Saylani Welfare International Trust has dispatched from Karachi’s China Port its new...

Published 24 Apr, 2024 03:50am

LHC orders federal govt to review steps taken to implement anti-rape law

LAHORE: The Lahore High Court observed that child sexual abuse is a deeply traumatic and sensitive issue that ...

Published 24 Apr, 2024 03:50am

Economic welfare, poverty eradication: CM seeks to enhance cooperation with Iran

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has sought to enhance cooperation with Iran in various economic...

Published 24 Apr, 2024 03:50am

Experts highlight importance of environment-friendly agri technology

FAISALABAD: Member Judicial Water and Environment Commission Hina Hafeezullah Ishaq has said that it is imperative ...

Published 24 Apr, 2024 03:50am

Presenting question-hour: Punjab PA decides to follow in the footsteps of National Assembly

LAHORE: In a significant development, the Punjab Assembly has decided to emulate the National Assembly’s approach...

Published 24 Apr, 2024 03:50am

By-polls: FAFEN says nearly 36pc voters cast their votes

ISLAMABAD: The Free and Fair Election Network (FAFEN) has observed that overall results of the by-elections on April...

Updated 25 Apr, 2024 12:09am

Alleged ‘foul play’: Another ECP official seeks leave extension

ISLAMABAD: At a time when the Election Commission of Pakistan (ECP) is facing strong criticism over its failure to...

Published 24 Apr, 2024 03:50am

Balochistan Police Training College inaugurated: US wants to strengthen community policing: Blome

ISLAMABAD: The United States Ambassador to Pakistan, Donald Blome, on Tuesday, said that his country is proud of its...

Published 24 Apr, 2024 03:50am

Court confirms Azam Swati’s bail

ISLAMABAD: A local court, on Tuesday, confirmed Pakistan Tehreek-e-Insaf (PTI) leader Azam Swati’s bail in a case...

Published 24 Apr, 2024 03:50am

AAAG team meets Zardari

ISLAMABAD: President Asif Zardari on Tuesday underlined the significance of enhancing air connectivity with ...

Published 24 Apr, 2024 03:50am

Pakistan warned of risks in trade deals with Iran by US?

ISLAMABAD: The United States (US) has cautioned Pakistan about potential risks associated with its trade agreements...

Published 24 Apr, 2024 03:50am

Interest-free bikes: 100,000 students register through e-bike portal

LAHORE: Over 100,000 students registered through the Punjab Information Technology Board (PITB) e-bike portal for ...

Published 24 Apr, 2024 03:50am

Accused who cuts off wife’s nose & ears arrested

LAHORE: Kasur Police has arrested the brutal accused who cut off the nose and ears of his wife along with his...

Published 24 Apr, 2024 03:50am

BMGF and Karandaaz: Aurangzeb acknowledge valuable contributions

ISLAMABAD: Finance Minister Senator Muhammad Aurangzeb on Tuesday met with Syed Ali Mahmood, Country Lead for...

Published 24 Apr, 2024 03:50am

CJCSC confers civil awards to eminent scientists, engineers

RAWALPINDI: On behalf of the President of the Islamic Republic of Pakistan, General Sahir Shamshad Mirza, Chairman...

Published 24 Apr, 2024 03:50am

Taxes

Random selection of figures: Commissioner Appeals disapproves assessment order

LAHORE: A commissioner Inland Revenue (Appeals) has disapproved the assessment order after finding that the tax...

Published 24 Apr, 2024 03:50am

SSGC continues raids: Garment factory owner held for gas theft

KARACHI: Sui Southern Gas Company (SSGC) has continued relentlessly towards clamping down on gas theft through raids...

Published 24 Apr, 2024 03:50am

‘Govt commitment to engage with UNDP in constructive manner’

ISLAMABAD: Minister for Finance and Revenue Muhammad Aurangzeb on Tuesday reiterated Pakistan's commitment to engage...

Published 24 Apr, 2024 03:50am

‘Punjab Enforcement Authority’: Maryam approves establishment

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has accorded in-principle approval for the establishment of the...

Published 24 Apr, 2024 03:50am

Industry

UNDP report: Pakistan in moderate digital development category

ISLAMABAD: Pakistan lies in the moderate digital development category with a cumulative Digital Development Index...

Published 24 Apr, 2024 03:50am

Industry

PBF greets Pak-Iran resolve to bolster ties

KARACHI: President Pakistan Business Forum (PBF) Khawaja Mehboob ur Rehman has welcomed the resolve of Iran and...

Published 24 Apr, 2024 03:50am

PFA imposes Rs1.234m fine on 37 FBOs

LAHORE: The Punjab Food Authority (PFA) has imposed Rs 1.234 million collective fine on 37 food business operators...

Published 24 Apr, 2024 03:50am

Practicum showcase conference held at LUMS

LAHORE: The Syed Ahsan Ali and Syed Maratib Ali School of Education (SOE) at LUMS conducted its third Practicum...

Published 24 Apr, 2024 03:50am

President’s Cup starts today, seven departmental cricket teams taking part

LAHORE: Abbottabad and Rawalpindi will host 24 matches of the 50-over-a-side President’s Cup, in which seven...

Published 24 Apr, 2024 03:50am

PTI concerned at health of Bushra Bibi

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Tuesday expressed grave concerns about the health of Bushra Bibi, the...

Published 24 Apr, 2024 03:50am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (April 23, 2024). ==================================== BR...

Published 24 Apr, 2024 03:50am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Tuesday (April 23, 2024). ======================================= Offset...

Published 24 Apr, 2024 03:50am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (April 23, 2024)....

Published 24 Apr, 2024 03:50am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (April 23, 2024)....

Published 24 Apr, 2024 03:50am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Tuesday (April 23, 2024). ======================== Open Bid Rs...

Published 24 Apr, 2024 03:50am

Forex

Open market rates of foreign currencies

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

Published 24 Apr, 2024 03:50am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Tuesday (April 23, 2024). ========================== KIBOR...

Published 24 Apr, 2024 03:50am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 24 Apr, 2024 03:50am

Rates

LME official prices

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

Published 24 Apr, 2024 03:50am

Rates

Activities of Karachi Port Trust and Port Qasim

KARACHI: The Karachi Port Trust handled 143,559 tonnes of cargo comprising 90,941 tonnes of import cargo and 52,618...

Published 24 Apr, 2024 03:50am

Energy

EU Commission expects gas prices to fall

BRUSSELS: The European Commission expects gas prices to fall as the global suppply of liquefied natural gas (LNG)...

Published 24 Apr, 2024 03:50am

Energy

US natural gas prices ease on mild weather forecast

NEW YORK: US natural gas futures fell on Tuesday, pressured by forecasts for mild weather leading to lower gas ...

Published 24 Apr, 2024 03:50am

Energy

Oil prices gain as dollar slips, focus shifts to economic data

NEW YORK: Oil prices rose a dollar a barrel on Tuesday as the US dollar index fell to its lowest in over a week and...

Published 24 Apr, 2024 03:50am

Grains

Chicago wheat futures extend gains

PARIS/SINGAPORE: Chicago wheat extended gains on Tuesday to a new two-month peak as a sharp decline in US winter...

Published 24 Apr, 2024 03:50am

Stocks

Nikkei rises but US earnings caution caps gains

TOKYO: Japan’s Nikkei share average rose on Tuesday, buoyed by Wall Street’s rally overnight, although concerns...

Published 24 Apr, 2024 03:50am

Stocks

China stocks dragged down by cyclical shares

SHANGHAI: China stocks closed down on Tuesday, dragged lower by cyclical shares such as metals, while technology...

Published 24 Apr, 2024 03:50am

Stocks

Tech, retail stocks boost STOXX 600 to one-week high

PARIS: European shares logged their best day in six weeks on Tuesday, driven by the retail and technology sector as...

Published 24 Apr, 2024 03:50am

Stocks

Wall St rallies on bright earnings, megacaps’ support

NEW YORK: Wall Street’s main indexes advanced on Tuesday as growth and chip shares gained, while stocks like...

Published 24 Apr, 2024 03:50am

Letters

US’s China containment policy

While it comes to China-US rivalry, two opposite themes emerge. China says that this world is big enough for all of...

Published 24 Apr, 2024 03:50am

Reimagining corporate affairs

The outside department. The palm greasers. The scam controllers. The ghost busters. These were some informal...

Published 24 Apr, 2024 03:50am

The quest for an independent judiciary: progress and pitfalls

Since Pakistan’s independence in 1947, the country has struggled to establish clear and objective criteria for...

Published 24 Apr, 2024 03:50am

Grains

Climate change disruptions threaten Punjab’s wheat harvest

LAHORE: Punjab’s farming community is currently grappling with a complex set of challenges that threaten the wheat...

Published 24 Apr, 2024 03:50am

PARTLY FACETIOUS: Pakistan has a trade surplus with US

“So what’s up?” “The US has warned against trade pacts with Iran…” “Indeed, and Pakistan has a trade...

Published 24 Apr, 2024 03:50am

Energy

PPL augments production

KARACHI: Pakistan Petroleum Limited (PPL) has announced a substantial augmentation in its production output, with ...

Published 24 Apr, 2024 03:50am

SHC rejects 48 petitions for regularizations of employees

KARACHI: Sindh High Court has rejected 48 applications related to the regularization of thousands of employees. ...

Published 24 Apr, 2024 03:50am

India has exclusive rights to the water of Ravi: govt

ISLAMABAD: Federal Minister for Law and Justice Azam Nazeer Tarar said that India has the right to the River Ravi...

Published 24 Apr, 2024 03:50am

Economic cooperation discussed

KARACHI: Sindh Chief Minister Syed Murad Ali Shah praising the longstanding ties between Pakistan and Iran...

Published 24 Apr, 2024 03:50am

Mobile phone services suspended in Karachi

KARACHI: The mobile phone services have been partially suspended in Karachi as part of stringent security protocols...

Published 24 Apr, 2024 03:50am

Rates

PSX snaps winning streak

KARACHI: Pakistan Stock Exchange on Tuesday closed on a negative note due to selling pressure as investors opted to...

Published 24 Apr, 2024 03:50am

Commodities

Iron ore futures consolidate

BEIJING: Iron ore futures prices were hemmed into a tight range on Tuesday, as investors and traders struggled to...

Published 24 Apr, 2024 03:50am

Commodities

Copper retreats from two-year high on profit-taking

LONDON: Copper prices retreated on Tuesday on profit-taking by funds and hedging by producers after a ...

Published 24 Apr, 2024 03:50am

Commodities

PMEX daily trading report

KARACHI: On Monday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 29.421 ...

Published 24 Apr, 2024 03:50am

Commodities

Japanese rubber futures lower

SINGAPORE: Japanese rubber futures reversed a two-day climb to close lower on Tuesday as automobile price wars and...

Published 24 Apr, 2024 03:50am

Commodities

Gold prices extend losses

Gold prices extended losses for a second day to hit a more than two-week low on Tuesday as diminishing fears about ...

Published 24 Apr, 2024 03:50am

Commodities

Malaysian palm oil up

SINGAPORE: Malaysian palm oil futures extended gains on Tuesday amid hot weather in key producer Malaysia, with...

Published 24 Apr, 2024 03:50am

Tajir Dost App: Aurangzeb urges business community to get registered

ISLAMABAD: Finance Minister Muhammad Aurangzeb has requested the business community to register under the recently...

Published 24 Apr, 2024 03:50am

Chinese chip manufacturing team meets minister

LAHORE: A delegation of chip manufacturing company of China met Provincial Minister for Industries and Commerce...

Published 24 Apr, 2024 03:50am

Interaction with S&P and Fitch

EDITORIAL: Finance Minister Muhammad Aurangzeb met with representatives from Standard and Poor’s and Fitch on the...

Published 24 Apr, 2024 03:50am

The ban on X

EDITORIAL: Following weeks of obfuscation on the issue, the government had to come out to openly state, albeit...

Published 24 Apr, 2024 03:50am

Abu Dhabi returns to debt markets with $5bn bond sale

ABU DHABI: Abu Dhabi, capital of the United Arab Emirates, on Tuesday launched $5 billion in three-part bonds as it...

Published 24 Apr, 2024 03:50am

Commodities

Two-day agri event begins tomorrow

LAHORE: The highly anticipated ‘Agri Connections 2024’, a premier conference and expo on agriculture organized ...

Published 24 Apr, 2024 03:50am

More direct investment a must to boost economy: economist

KARACHI: More direct investment is a must for giving the national economy a big boost, said economic and financial...

Published 24 Apr, 2024 03:50am

IT minister visits Airlink smartphone manufacturing facility

LAHORE: Airlink Communication Ltd, one of the largest manufacturers, distributors and retailers of Pakistan, was...

Published 24 Apr, 2024 03:50am

Commodities

Gold prices down

KARACHI: In a sudden turnaround, the local gold prices plummeted on Tuesday with the global bullion value falling to...

Published 24 Apr, 2024 03:50am

IT industry to support MoITT in achieving $3.5bn export target

ISLAMABAD: The information technology (IT) industry will fully support the initiatives of the Ministry of IT and...

Published 24 Apr, 2024 03:50am

WHO delegation meets FBR chairman

ISLAMABAD: A delegation of World Health Organization (WHO) comprising Roberto Iglesias, Consultant, and Santiago...

Published 24 Apr, 2024 03:50am

Economic growth linked to continuity of policies

ISLAMABAD: Minister for Planning, Development and Reforms Ahsan Iqbal said on Tuesday that peace, stability, and...

Published 24 Apr, 2024 03:50am

Technology transfer, license deal between SSGC, Itron Inc: CCP grants time bound approval to exemption application

Energy

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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