News Archives for Print - 2024-05-02

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Print - 2024-05-02

Turkey to join South Africa’s genocide case

ISTANBUL: Turkish Foreign Minister Hakan Fidan said on Wednesday that Turkey would join in South Africa’s ...

Updated 02 May, 2024 05:19am

300 anti-Israel protesters held in New York

LOSANGELES/NEW YORK: Supporters of Israel attacked a pro-Palestinian protest camp at the University of California in...

Updated 02 May, 2024 05:19am

Email bomb threat hoax: Dozens of schools in Delhi’s region evacuated

NEW DELHI: Dozens of schools in India’s national capital region were evacuated on Wednesday after they received a...

Updated 02 May, 2024 05:23am

Women squad announced for England tour

LAHORE: The newly-appointed seven-member women’s national selection committee has named a 17-player Pakistan...

Updated 02 May, 2024 05:21am

UK begins detaining migrants set to be deported to Rwanda

LONDON: British authorities have started to detain migrants in preparation for them to be sent to Rwanda in the next...

Published 02 May, 2024 04:58am

Kenya flood toll rises to 181

NAIROBI: Floods and landslides across Kenya have killed 181 people since March, with hundreds of thousands forced to...

Published 02 May, 2024 04:58am

Blinken tours Kerem Shalom aid crossing as tank fire rings out from Gaza

KEREM SHALOM (Israel): Tank fire echoed from the Gaza strip on Wednesday as US Secretary of State Antony Blinken...

Published 02 May, 2024 04:58am

China launches sea trials for next-generation aircraft carrier

BEIJING: China on Wednesday launched sea trials for the Fujian, its third and most advanced aircraft carrier, state...

Published 02 May, 2024 04:58am

Europe

London real estate: US investors spending rebounds to highest in eight years

LONDON: US investors are buying up London commercial property at the fastest rate in eight years, data compiled by...

Updated 02 May, 2024 05:31am

Europe

Russia ramps up arms production as US boosts support for Ukraine

MOSCOW: Russia’s defence minister on Wednesday ordered a hike in weapons production and said deliveries needed to...

Updated 02 May, 2024 05:32am

Australia tiptoes around Indian spy scandal

SYDNEY: A string of senior Australian ministers on Wednesday refused to confirm reports that a “nest” of Indian...

Published 02 May, 2024 04:58am

Thousands protest over salaries, Gaza at France May Day marches

PARIS: Thousands marched at May Day protests across France on Wednesday, making demands ranging from better salaries...

Published 02 May, 2024 04:58am

Agencies’ meddling case: PTI voices dismay at ‘conduct’ of CJP

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Wednesday expressed dismay over the conduct of Chief Justice of ...

Updated 02 May, 2024 05:18am

Katcha area dacoits, street criminals: Zardari directs Sindh CM to launch grand operation

KARACHI: President Asif Ali Zardari presiding over a special law & order meeting at the CM House directed Sindh...

Updated 02 May, 2024 05:19am

Responsible use of social media platforms utmost necessary: minister

ISLAMABAD: The government conveyed to the Asia Internet Coalition (AIC) comprising global digital media giants that...

Updated 02 May, 2024 05:21am

Lahore's new commissioner assumes charge

LAHORE: The new Commissioner Lahore Division, Zaid Bin Maqsood, assumed the charge on Wednesday after replacing...

Updated 02 May, 2024 05:21am

CDA continues action against illegal housing societies

ISLAMABAD: Capital Development Authority (CDA) on Wednesday continued operation against illegal housing societies in...

Updated 02 May, 2024 05:21am

‘Oye Chote’ delivers powerful message on child labour

LAHORE: In honour of International Labour Day, the Lahore Arts Council Alhamra organized a stirring presentation of...

Updated 02 May, 2024 05:22am

Mian Iftikhar elected as President ANP KP

PESHAWAR: Mian Iftikhar Hussain has been elected provincial president Awami National Party (ANP) Khyber Pakhtunkhwa...

Updated 02 May, 2024 05:22am

CAP organises celebrations of 16 years of preserving heritage

LAHORE: The Citizens Archive of Pakistan (CAP) organised the celebrations of 16 successful years of preserving the...

Updated 02 May, 2024 05:22am

IHC to resume hearing of plea against ban on ‘X’ today

ISLAMABAD: The Islamabad High Court (IHC) will Thursday (May 2) resume hearing of a petition against the ban on...

Updated 02 May, 2024 05:22am

Maryam meets Governor KP

LAHORE: “God willing, Punjab will continue to play the role of a big brother for other provinces,” Chief ...

Published 02 May, 2024 04:58am

Pakistan condemns Herat mosque attack

ISLAMABAD: Pakistan on Wednesday condemned in the strongest terms the heinous terrorist attack at a mosque in Herat,...

Published 02 May, 2024 04:58am

COAS, UK counterpart discuss how to further strengthen defence ties

RAWALPINDI: Chief of Army Staff (COAS) General Asim Munir held a meeting with his British counterpart General Sir...

Published 02 May, 2024 04:58am

KP governor meets Nawaz

LAHORE: KP Governor Haji Ghulam Ali met the PML-N supremo Nawaz Sharif at his Raiwind residence on Wednesday and...

Published 02 May, 2024 04:58am

Women domestic workers’ rally on May Day

LAHORE: Women domestic workers rallied on May Day, demanding registration with Punjab Employees Social Security...

Published 02 May, 2024 04:58am

EPI Punjab, UNICEF organise ‘Media Orientation Workshop on Immunization’

FAISALABAD: On the completion of 50 years of EPI, EPI Punjab (Primary & Secondary Healthcare Department) &...

Published 02 May, 2024 04:58am

Order based on incorrect application of law doesn’t cast doubt on judge’s integrity: LHC

LAHORE: The Lahore High Court (LHC) held that passing an order based on an incorrect application of law cannot cast...

Published 02 May, 2024 04:58am

CM inaugurates field hospitals

LAHORE: Inaugurating the newly established field hospitals, here Wednesday, Punjab Chief Minister Maryam Nawaz said...

Published 02 May, 2024 04:58am

JI condemns use of police force against protesting farmers

LAHORE: Chief of Jamaat-e-Islami Hafiz Naeem-ur-Rehman has vehemently condemned the deployment of police force...

Published 02 May, 2024 04:58am

Speakers underscore need for using mosques as literacy centres

KARACHI: Over 2,50,000 mosques in the country should be used during the day hours as special literacy centres to...

Published 02 May, 2024 04:58am

Minister announces up-gradation of Pakistan Coast Guards

KARACHI: Interior Minister Mohsin Naqvi on Wednesday announced upgradation of Pakistan Coast Guards. Mohsin Naqvi...

Published 02 May, 2024 04:58am

UAE CG visits KGTL on Labour Day

KARACHI: Bakheet Ateeq Al Remeithi, the Consul General of the United Arab Emirates (UAE) in Karachi, paid a visit to...

Published 02 May, 2024 04:58am

Dar reaches Gambia to attend OIC summit

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar arrived in Banjul, Gambia to lead Pakistani...

Published 02 May, 2024 04:58am

AKU, CSJ collaborate to address challenges facing education policy

KARACHI: The Aga Khan University Institute for Educational Development (AKU-IED), in collaboration with the Centre...

Published 02 May, 2024 04:58am

DG SFA visits PSQCA Karachi to inspect food safety standards

KARACHI: To improve food safety standards in Sindh province, Director General Sindh Food Authority Agha Fakhar...

Published 02 May, 2024 04:58am

Climate change: Women cotton workers demand safety

HYDERABAD: On the eve of International Labor Day, the Sindh Community Foundation with the collaboration of the ...

Published 02 May, 2024 04:58am

Mulching techniques: increasing cotton yield

Mulching is crucial for boosting the overall growth and yield of cotton crops. It helps by reducing water ...

Updated 02 May, 2024 05:29am

The solar lessons

The “Cobra Effect” is a well-known and beloved anecdote in the annals of unanticipated consequences. The...

Updated 02 May, 2024 05:29am

Minister stresses safety of coal miners

KARACHI: Provincial Minister for Energy, Planning and Development Syed Nasir Hussain Shah while talking to various...

Published 02 May, 2024 04:58am

The Weather

KARACHI: The weather report on Wednesday (May 01, 2024) and the forecast for Thursday (May 02, 2024)...

Published 02 May, 2024 04:58am

Energy

OMAP urges govt to remove 20-day stock cover requirement

LAHORE: The Oil Marketing Association of Pakistan (OMAP) has urged the government to remove the 20-day stock cover...

Updated 02 May, 2024 05:21am

PARTLY FACETIOUS: Maryam a trailbrazer

“You Know Notification Maryam Nawaz (NMN) is a trailblazer.” “Right she was the very first who was labelled as...

Published 02 May, 2024 04:58am

Energy

Energy sector experts say ‘solar tax is not a hoax’

LAHORE: The energy sector experts have feared that the solar tax was not a hoax. Rather, it was a litmus check to...

Published 02 May, 2024 04:58am

Energy

OGDCL posts Rs171.104bn PAT

ISLAMABAD: The Board of Directors (BoDs) of Oil and Gas Development Company Limited (OGDCL) announced the financial...

Published 02 May, 2024 04:58am

Labour Day thoughts

Do you think the country’s labour class, especially daily wagers, spent the Labour Day holiday celebrating and...

Published 02 May, 2024 04:58am

Pakistan’s elite and the art of deception

“The ends justify the means,” Machiavelli’s famous adage, permitting rulers to forsake moral high grounds in...

Published 02 May, 2024 04:58am

Stocks

Banks, miners pull down Australian shares

SYDNEY: Australian shares ended lower on Wednesday, tracking a Wall Street slump overnight, as investors awaited the...

Published 02 May, 2024 04:58am

Stocks

FTSE 100 slips ahead of Fed outcome

LONDON: Britain’s FTSE 100 slipped on Wednesday, led by declines in energy stocks, while investors grew cautious...

Published 02 May, 2024 04:58am

Stocks

Nasdaq, S&P 500 fall as investors take cover before Fed decision

NEW YORK: The tech-heavy Nasdaq and the benchmark S&P 500 slipped on Wednesday as chip stocks led losses on...

Published 02 May, 2024 04:58am

Stocks

Gulf markets drop on lower oil prices; Egypt gains

DUBAI: Most stock markets in the Gulf ended lower on Wednesday as oil prices fell, with investors also awaiting the...

Published 02 May, 2024 04:58am

Stocks

Nikkei ends lower as investors brace for Fed decision

TOKYO: Japan’s Nikkei share average closed lower on Wednesday, with traders maintaining a cautious stance on the...

Published 02 May, 2024 04:58am

Letters

The govt has to pull its socks up

I do not know whether or not the development that State Bank of Pakistan (SBP) has confirmed the receipt of $1.1...

Published 02 May, 2024 04:58am

Commodities

Ukraine’s April grain exports rise

KYIV: Ukraine’s grain exports rose to 6.3 million metric tons in April from 5.5 million in March, agriculture...

Published 02 May, 2024 04:58am

Commodities

Indian sugar mills end season with higher than expected output

MUMBAI/NEW DELHI: India’s sugar production has been higher than expected this year after the completion of cane...

Published 02 May, 2024 04:58am

Commodities

Copper dips on funds profit taking, stronger dollar

LONDON: Copper prices fell on Wednesday as funds continued to cash in near the $10,000 per metric ton mark following...

Published 02 May, 2024 04:58am

Commodities

Efficient US spring planting might not boost total crop acres

NAPERVILLE, (Illinois): The US spring planting season is humming along at an above-average clip, though recent and...

Published 02 May, 2024 04:58am

Commodities

Chicago wheat rises as traders weigh impact of dry weather in US, Russia

CANBERRA: Chicago wheat futures rose on Wednesday as traders assessed the likely impact on supply amid dry weather...

Published 02 May, 2024 04:58am

Energy

US natural gas prices fall on forecasts for less demand, storage oversupply

NEW YORK: US natural gas futures fell about 3% on Wednesday on forecasts for less demand over the next two weeks ...

Published 02 May, 2024 04:58am

Commodities

India unlikely to impose export curbs on low-grade iron ore

NEW DELHI: India is unlikely to impose tariffs on exports of low-grade iron ore for now despite rising overseas ...

Published 02 May, 2024 04:58am

Commodities

Japanese rubber futures drop as softer oil prices diminish risk appetite

TOKYO: Japanese rubber futures dropped on Wednesday, as softer oil prices and falling Tokyo stock market diminished...

Published 02 May, 2024 04:58am

Commodities

Gold near four-week low, eyes on Fed

BENGALURU: Gold prices held near a four-week low on Wednesday ahead of a US Federal Reserve policy decision that...

Published 02 May, 2024 04:58am

Energy

Oil falls to 7-week low on surprise build in US storage

NEW YORK: Oil prices fell about 3% to a seven-week low on Wednesday on a surprise build in US crude stocks, the...

Published 02 May, 2024 04:58am

Rates

LME official prices

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

Published 02 May, 2024 04:58am

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 02 May, 2024 04:58am

Govt taking steps towards fighting corruption: PM

Says government striving to bring about substantial changes in the national economy

Updated 02 May, 2024 09:29am

Govt urges World Bank to restructure $230m CLICK project

ISLAMABAD: The government has requested the World Bank for restructuring of “Competitive and Livable City of...

Updated 02 May, 2024 09:30am

Visit to begin on 5th: PM sets up panel to facilitate private sector team from KSA

Pakistan is eyeing an investment of up to $15-20 billion from Saudi Arabia in different sectors/ fields including purchase of public sector entities or share purchases

Updated 02 May, 2024 12:05pm

Move to settle arbitration award: PD, NTDC advised to talk to Star Hydro

ISLAMABAD: The country’s Attorney General Office has advised Power Division and NTDC (National Transmission and...

Updated 02 May, 2024 09:20am

Both nations: US official says committed to prosperous future

ISLAMABAD: United States Acting Under Secretary for Political Affairs John Bass has underscored US commitment to a...

Updated 02 May, 2024 09:28am

Disclosure of manufacturing/expiry dates on cement bags: MoST endorses CCP’s proposal of revision of cement standards

ISLAMABAD: The Ministry of Science and Technology (MoST) has endorsed the Competition Commission of Pakistan’s...

Updated 02 May, 2024 09:27am

SOEs privatisation: PPP for exploring public-private partnerships

KARACHI: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari has advocated for a pragmatic approach towards...

Updated 02 May, 2024 09:22am

FBR attaches benami property allocated for construction of mall

ISLAMABAD: The FBR Anti-Benami Zone-I, Islamabad, has provisionally attached a suspected benami property allocated...

Updated 02 May, 2024 09:22am

PCAA renews charter licence of K2 Airways

KARACHI: The Pakistan Civil Aviation Authority (PCAA) has announced the renewal of K2 Airways’ charter licence,...

Updated 02 May, 2024 09:26am

SRB collects Rs185.2bn in 9MFY2023-24

KARACHI: Sindh Revenue Board (SRB) has collected Rs185.2 billion during the first nine months of 2023-24 showing an...

Published 02 May, 2024 04:58am

Naeem Mir CC of ‘Tajir Dost Scheme’

ISLAMABAD: After a lukewarm response to Tajir Dost Scheme till April 30, the Federal Board of Revenue (FBR) has...

Updated 02 May, 2024 09:23am

Cement makers assail deteriorating law, order situation

LAHORE: All Pakistan Cement Manufacturers Association (APCMA) has shown serious concerns over deteriorating law and...

Published 02 May, 2024 04:58am

TPL REIT Fund-I public subscription opens today

KARACHI: Pakistan Stock Exchange (PSX) is set to witness the offer for sale of TPL REIT Fund-I, with public...

Updated 02 May, 2024 09:21am

Taxes

Admin Pool of FBR: PCS, IRS concerned over placement of senior-most officers

ISLAMABAD: Pakistan Customs Service (PCS) and Inland Revenue Service (IRS) conveyed their concerns to the tax...

Updated 02 May, 2024 05:22am

Companies

IGATEX Pakistan opens

LAHORE: IGATEX Pakistan – country’s largest garment, textile & digital printing machinery and accessories...

Published 02 May, 2024 04:58am

Companies

IMARAT Group celebrates inauguration of new head office in Islamabad

ISLAMABAD: In a significant stride towards real estate innovation, IMARAT Group inaugurated its new head office,...

Published 02 May, 2024 04:58am

Industry

Shaikh Rashid made convener of FPCCI body

KARACHI: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has appointed Shaikh Rashid Alam as the...

Published 02 May, 2024 04:58am

A questionable policy stance

EDITORIAL: The Monetary Policy Statement (MPS) dated 29 April 2024 left the discount rate unchanged at 22 percent on...

Published 02 May, 2024 04:58am

What does Dar’s elevation reveal?

EDITORIAL: The appointment of Foreign Minister and former finance minister Ishaq Dar as deputy prime minister is...

Published 02 May, 2024 04:58am

Money & Banking

Dollar slips before Fed meeting statement

NEW YORK: The dollar slipped on Wednesday ahead of the conclusion of the Federal Reserve’s two-day policy meeting,...

Published 02 May, 2024 04:58am

Money & Banking

Crypto washout sends bitcoin below $58,000 ahead of Fed decision

LONDON: Bitcoin slid by almost 6 percent on Wednesday, having posted its worst monthly performance in April since...

Published 02 May, 2024 04:58am

UBG calls for unified action to overcome economic challenges

KARACHI: Pakistan is currently grappling with one of its most severe economic crises, prompting leaders from the...

Published 02 May, 2024 04:58am

Industry

OICCI Women Empowerment Awards 2023: Nestle Pakistan recognized

KARACHI: Nestle Pakistan was recognised at the Overseas Investors Chamber of Commerce and Industry Women Empowerment...

Published 02 May, 2024 04:58am

Industry

PQAMC announces dividend of Rs1.4074 per unit for April

KARACHI: Pak-Qatar Asset Management Company Limited (PQAMC) is a leading pure Islamic asset management company in...

Published 02 May, 2024 04:58am

Real Estate

TPL REIT Fund I: CEO Ali Asgher says optimistic about IPO’s prospects

KARACHI: Ali Asgher, CEO of TPL REIT Management Company Limited (RMC) Ltd, expressed confidence that the Initial...

Published 02 May, 2024 04:58am

Industry

Flexible packaging films: IPAK CEO sees huge growth potential

KARACHI: With over 250 million population which is rising each year, the largest flexible packaging films...

Published 02 May, 2024 04:58am

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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