News Archives for Print - 2024-05-04

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Print - 2024-05-04

South Asia

India payment dispute: Nepal faces widespread internet outages

KATHMANDU: Internet providers in Nepal warned Friday the Himalayan republic was facing widespread outages because of...

Published 04 May, 2024 05:48am

‘Road to Mecca Project’ set to commence on 9th

KARACHI: The Road to Mecca Project, which will facilitate over 16,000 government-sponsored Hajj pilgrims from...

Published 04 May, 2024 05:48am

Hotel owner arrested for stealing gas in Quetta

KARACHI: SSGCL continued with its targeted drive to control the menace of gas theft across its franchise areas of...

Published 04 May, 2024 05:48am

Sindh governor for revisiting architecture of bureaucracy

KARACHI: The Governor of Sindh, Muhammad Kamran Khan Tessori, has said that the design of bureaucracy needs to be...

Updated 04 May, 2024 06:37am

PTI-led alliance to hold anti-govt rally at Faisalabad on 10th

LAHORE: Former National Assembly Speaker and senior Pakistan Tehreek-e-Insaf (PTI) leader Asad Qaiser has said that...

Published 04 May, 2024 05:48am

Fast Cables signs agreement with Sitara Chemical

LAHORE: Fast Cables, the leading electrical cables manufacturer, has signed an agreement to supply medium voltage...

Published 04 May, 2024 05:48am

Ministers review facilities for passengers

LAHORE: Interior Minister Mohsin Naqvi and Minister for Defense Khawaja Muhammad Asif visited Allama Iqbal...

Published 04 May, 2024 05:48am

Relief goods sent to poeple affected by rains in KP

LAHORE: On the direction of Chief Minister Punjab Maryam Nawaz Sharif, relief goods comprising 25 thousand ration...

Published 04 May, 2024 05:48am

‘Lahore Ravi Jeep Rally’ starts today

LAHORE: In collaboration with the River Ravi Development Authority (Ruda), the Tourism Development Corporation of...

Published 04 May, 2024 05:48am

‘Hamid Mir gets death threats after speaking up for press freedom’: CPJ

NEW YORK: Pakistani authorities must swiftly and impartially investigate death threats and online harassment...

Published 04 May, 2024 05:48am

Randhawa assumes charge of Islamabad chief commissioner

ISLAMABAD: Chaudhry Muhammad Ali Randhawa on Friday assumed the charge of Islamabad chief commissioner, marking a ...

Published 04 May, 2024 05:48am

PCB confirms South Africa to host Pakistan cricket team

LAHORE: The Pakistan Cricket Board (PCB) Friday announced details of Team Pakistan tour to South Africa for three...

Published 04 May, 2024 05:48am

Europe

Spain scraps national bullfighting prize sparking debate

MADRID: Spain’s left-wing government said on Friday it would scrap a national prize for bullfighting, a move which...

Published 04 May, 2024 05:48am

South Asia

Indian wrestlers upset as BJP fields controversial lawmaker’s son in polls

NEW DELHI: Top Indian Olympic wrestlers have criticised Prime Minister Narendra Modi’s party for fielding the son...

Published 04 May, 2024 05:48am

Canada arrests three over murder of Sikh activist

VANCOUVER: Canadian police on Friday arrested three men over the killing of a Sikh separatist in Vancouver last ...

Published 04 May, 2024 05:48am

States doing less to support press freedom: watchdog

PARIS: Media watchdog group Reporters Without Borders warned of declining government support for press freedom as it...

Published 04 May, 2024 05:48am

IK says he designated 3 PTI leaders only for talks, not for deal

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan, on Friday, categorically said that he has...

Published 04 May, 2024 05:48am

JI demands relief against power crisis in Karachi

KARACHI: Jamaat-e-Islami (JI) Karachi interim Ameer Munim Zafar has demanded immediate relief for Karachiites ...

Published 04 May, 2024 05:48am

IBA-CEE hosts seminar on ˜mediator's magic

KARACHI: The Centre for Executive Education (CEE) at the Institute of Business Administration (IBA), Karachi hosted ...

Published 04 May, 2024 05:48am

‘Delay in construction work not acceptable’

LAHORE: Medical Superintendent Lahore General Hospital Dr. Faryad Hussain, while taking strict notice over delay in...

Published 04 May, 2024 05:48am

CM Maryam, WHO director vow to provide quality health facilities

LAHORE: Chief Minister Punjab Maryam Nawaz met WHO Regional Director for the Eastern Mediterranean Dr Hanan Balkhy ...

Published 04 May, 2024 05:48am

Corps Commander House case: Bailable arrest warrants of 14 suspects issued

LAHORE: An Anti-Terrorism Court (ATC) on Friday issued bailable arrest warrants of 14 suspects, for skipping trial...

Published 04 May, 2024 05:48am

The Weather

KARACHI: The weather report on Friday (May 03, 2024) and the forecast for Saturday (May 04, 2024)...

Published 04 May, 2024 05:48am

NAVTTC certifies FF Steel’s Labour Force

PESHAWAR: FF Steel, in collaboration with the National Vocational and Technical Training Commission (NAVTTC) in...

Published 04 May, 2024 05:48am

Speakers for justice and protection of journalists

KARACHI: Journalists and human rights activists gathered at a seminar on the occasion of World Press Freedom Day...

Published 04 May, 2024 05:48am

Faizabad Dharna: SC to resume hearing on review pleas from 6th

ISLAMABAD: The Supreme Court will resume hearing on the review petitions against Faizabad Dharna (sit-in) from ...

Published 04 May, 2024 05:48am

Zardari for security of journalists

ISLAMABAD: President Asif Ali Zardari on World Press Freedom Day emphasised to initiate measures for the safety and...

Published 04 May, 2024 05:48am

Illegal weapons, liquor case: Court says questionnaire must be provided to Gandapur

ISLAMABAD: A local court, on Friday, ordered to provide the questionnaire to Khyber Pakhtunkhwa Chief Minister Ali...

Published 04 May, 2024 05:48am

Audio leaks case: IHC turns down IB’s request

ISLAMABAD: The Islamabad High Court (IHC), Friday, turned down the Intelligence Bureau’s request to withdraw its...

Published 04 May, 2024 05:48am

Pakistan extradites Oslo Pride shooting suspect to Norway

OSLO: Pakistan has extradited to Norway a known suspected of masterminding an Oslo shooting on the eve of the 2022...

Published 04 May, 2024 05:48am

Medical body submits report on pacer Ihsanullah's injury

LAHORE: The independent three-member Medical Committee, comprising Prof. Rana Dilawaiz Nadeem, Dr. Mumraiz Naqshband...

Published 04 May, 2024 05:48am

Industry

Only Sindh, Balochistan specify rules for OMP

LAHORE: Apart from Sindh and Balochistan, no other provinces have issued any specific rules with respect to online...

Published 04 May, 2024 05:48am

Youth employment: PIDE seminar urges need of over 8pc sustainable GDP growth

ISLAMABAD: Pakistan requires a sustainable GDP growth of more than eight percent for youth employment, to reduce the...

Updated 04 May, 2024 06:32am

Punjab govt starts work on new LG law

LAHORE: The Punjab government has started work on the preparation of a new local government law to revamp the...

Published 04 May, 2024 05:48am

UK assures continuous support for strong, stable Pakistan

ISLAMABAD: British High Commissioner Jane Marriott has said that Pakistan is currently facing a difficult economic...

Published 04 May, 2024 05:48am

SC judgement of 22.03.24: Zardari approves Justice Shaukat’s retirement notification

ISLAMABAD: In the light of the Supreme Court of Pakistan’s judgement of 22.03.2024, President Asif Ali Zardari has...

Published 04 May, 2024 05:48am

PTI will only speak to establishment: IK

ISLAMABAD: The founder of Pakistan Tehreek-e-Insaf (PTI) and former Prime Minister, Imran Khan, on Friday demanded ...

Published 04 May, 2024 05:48am

PPP decides to appoint Sardar Salim as Punjab Governor

LAHORE: Pakistan People’s Party (PPP) has decided to appoint Sardar Salim Haider Khan as Punjab Governor. The...

Published 04 May, 2024 05:48am

Retrieving samples from far side of the moon: China launches historic mission

WENCHANG, (China): China on Friday launched an uncrewed spacecraft on a nearly two-month mission to retrieve rocks...

Updated 04 May, 2024 08:50am

Pakistan launches first moon mission ‘ICUBE-Qamar’

ISLAMABAD: In a landmark first, Pakistan’s lunar mission — ICUBE-Qamar — was launched from China’s Hainan...

Published 04 May, 2024 05:48am

Existing JCP rules: JCP decides continuing appointment of apex court judges

ISLAMABAD: The members of the Judicial Commission of Pakistan (JCP) decided that the process of appointments of...

Published 04 May, 2024 05:48am

Wheat procurement: Farmers give ultimatum to Punjab govt

LAHORE: Representatives of Pakistan Kissan Ittehad on Friday issued a one-week ultimatum, demanding the Punjab...

Updated 04 May, 2024 03:36pm

Rates

Stock market roars back

KARACHI: Pakistan Stock Exchange on Friday witnessed a bullish trend and closed on strong positive note with healthy...

Published 04 May, 2024 05:48am

KP asks centre to pay Rs70bn hydel profit

ISLAMABAD: Khyber Pakhtunkhwa (KP) government has urged the federal government/ Wapda to pay its due Net Hydel...

Updated 04 May, 2024 04:21pm

Multi-Year Tariff mechanism: KE seeks Rs3.8/unit hike in base tariff for seven years

ISLAMABAD: K-Electric (KE) has sought increase in its base tariff by Rs 3.8375 per unit under Multi-Year Tariff...

Updated 04 May, 2024 09:27am

Weekly inflation posts decline

ISLAMABAD: Weekly inflation for the current week ended on May 2, 2024, has decreased by one percent, according to ...

Published 04 May, 2024 05:48am

15th Islamic Summit of OIC: Pakistan demands unconditional ceasefire in Gaza

ISLAMABAD: At the preparatory meeting of Foreign Ministers to the 15th Islamic Summit of the OIC, Pakistan has...

Updated 04 May, 2024 08:48am

Stocks

Indian shares fall on profit taking

BENGALURU: Indian shares dropped on Friday, as profit booking emerged after the Nifty 50 scaled a record high,...

Published 04 May, 2024 05:48am

Stocks

HK stocks notch 9-day winning streak

HONG KONG: Hong Kong stocks continued their rally on Friday, as improvement in market sentiment persisted, buoyed by...

Published 04 May, 2024 05:48am

Stocks

European shares end higher on tech support

PARIS: European shares notched its biggest one-day gain since a week ago on Friday, driven by gains in the ...

Published 04 May, 2024 05:48am

Stocks

Wall St rallies after soft jobs data allays rate jitters

NEW YORK: Wall Street’s main indexes advanced on Friday after a softer-than-expected jobs report revived hopes of...

Published 04 May, 2024 05:48am

Crisis of public trust in governance

Effective governance is a key factor for establishing public trust for any political democratic dispensation, and...

Published 04 May, 2024 05:48am

Letters

Bahawalnagar incident, a PR success, or…?

With extensive experience supporting ministers and leaders in various capacities—from press attaché in Kuala...

Published 04 May, 2024 05:48am

Playing a prank

A young man played a prank which got nearly the whole nation or at least the city of Karachi involved and in an...

Published 04 May, 2024 05:48am

Truth and nothing but the truth

Shehbaz Sharif made some honest appraisal of the current governance and economic challenges faced by his government...

Updated 05 May, 2024 01:52pm

PARTLY FACETIOUS: The best way forward is to show the rattler that you are not rattled

“Social media attacks can rattle anyone.” “Indeed, but isn’t it important not to let the rattler know that you are...

Published 04 May, 2024 05:48am

Energy

Industries, CNG stations: SSGC announces 24-hour gas holiday on 5th

KARACHI: Sui Southern Gas Company (SSGC) has announced 24-hour gas holiday for industries including their power...

Published 04 May, 2024 05:48am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (May 03, 2024). ==================================== BR...

Published 04 May, 2024 05:48am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (May 03, 2024)....

Published 04 May, 2024 05:48am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (May 03, 2024). ======================== Open Bid Rs...

Published 04 May, 2024 05:48am

Forex

Open market rates of foreign currencies

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

Published 04 May, 2024 05:48am

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 04 May, 2024 05:48am

Cotton & Textile

New varieties of cotton: Punjab govt investing Rs1.5bn to set up state-of-art research centres

LAHORE: The Punjab Government is investing Rs 1.5 billion to establish state-of-the-art research centers aimed at...

Published 04 May, 2024 05:48am

CDWP approves 10 projects worth Rs115.458bn

ISLAMABAD: The Central Development Working Party (CDWP) approved as many as 10 development projects with a total...

Updated 04 May, 2024 04:42pm

Industry

TDAP chief, UAE CG discuss bilateral trade relations

KARACHI: In a significant diplomatic exchange, the Chief Executive of the Trade Development Authority of Pakistan...

Published 04 May, 2024 05:48am

Levy of turnover tax: PALSP urges govt to end discrimination

ISLAMABAD: Pakistan Association of Large Steel Producers has approached the Finance Minister, Muhammad Aurangzeb, ...

Published 04 May, 2024 05:48am

Second edition of IPR Manual launched

KARACHI: The effective protection of intellectual property rights (IPR) is mandatory for attracting and retaining...

Published 04 May, 2024 05:48am

Punjab’s wheat crisis

EDITORIAL: There’s a reason PML-N (Pakistan Muslim League-Nawaz) is being blamed, and will not be able to escape...

Published 04 May, 2024 05:48am

PPP puts its full weight behind PPP

EDITORIAL: Bilawal Bhutto Zardari, Chairman of the Pakistan People’s Party (PPP), on the occasion of the...

Published 04 May, 2024 05:48am

Energy

Apr POL products’ sales down 6pc YoY

KARACHI: The petroleum products sales in Pakistan recorded a decline of 6 percent on year-on-year and 4 percent on...

Published 04 May, 2024 05:48am

Industry

Textile industry: APTMA, Chinese team vow to explore possibilities of JVs

LAHORE: Chinese textile machinery manufacturers and All Pakistan Textile Mills Association (Aptma) leadership have...

Published 04 May, 2024 05:48am

Industry

BMP against harmful actions to national economy, people

LAHORE: The private sector leadership under the banner of Pakistan Businessmen Panel has always stood firm and ...

Published 04 May, 2024 05:48am

President approves Tax Laws Amendment Bill

ISLAMABAD: President Asif Ali Zardari approved, “The Tax Laws Amendment Bill 2024.” The president approved the Tax...

Updated 04 May, 2024 03:36pm

Cement despatches decline marginally during April

LAHORE: Cement despatches showed a slight decline during last month as total cement despatches during April 2024...

Published 04 May, 2024 05:48am

Tajir Dost Scheme not practicable, CC tells FBR

ISLAMABAD: The Chief Coordinator of Tajir Dost Scheme-2024 of the Federal Board of Revenue (FBR), Friday,...

Updated 04 May, 2024 07:23pm

Privatisation process of PIACL: CCP gives green light to SOA

ISLAMABAD: The Competition Commission of Pakistan (CCP) has given the green light to the Scheme of Arrangement (SoA)...

Updated 04 May, 2024 04:44pm

Saudi investment, projects: PM reviews progress

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday chaired a high-level review meeting regarding the progress of...

Updated 04 May, 2024 07:24pm

Rs2.7trn revenue stuck in courts/appeals: Aurangzeb, FBR chief discuss strategy

FBR chairman gives detailed briefing to finance minister about the revenue collection efforts of FBR for current financial year

Updated 04 May, 2024 07:24pm

Money & Banking

Indian rupee ends mildly higher

MUMBAI: The Indian rupee closed slightly higher on Friday aided by a rise in its Asian peers but dollar demand from...

Published 04 May, 2024 05:48am

Money & Banking

Dollar drops after US job data

NEW YORK: The dollar fell to a three-week low against the yen on Friday after data showed that US jobs growth slowed...

Published 04 May, 2024 05:48am

Money & Banking

ABL organises cycling event in Karachi

KARACHI: Allied Bank Limited, a leading financial institution in Pakistan, partnered with local cycling groups to...

Published 04 May, 2024 05:48am

Taxes

Punjab govt to amend Sales Tax Act to improve PRA efficiency: minister

LAHORE: Punjab Finance Minister Mujtaba Shujaur Rehman has said that the documentation of the economy was imperative...

Published 04 May, 2024 05:48am

Taxes

Domestic cigarette sales: Khyber Tobacco urges FBR to address persistent decline

ISLAMABAD: Khyber Tobacco Company Limited (KTC) has asked the Federal Board of Revenue (FBR) to address the...

Published 04 May, 2024 05:48am

Industry

KATI-endorsed companies: DG SFA announces immediate licences, discount on lab tests

KARACHI: Director General of Sindh Food Authority (SFA), Agha Fakhar Hussain, announced that companies endorsed by...

Published 04 May, 2024 05:48am

Industry

Matters related to ports, shipping: FPCCI for establishment of a new authority

KARACHI: Atif Ikram Sheikh, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has said ...

Published 04 May, 2024 05:48am

CPEC Phase-II initiatives: Huawei wants to collaborate in ‘digital economy’

ISLAMABAD: Pakistan and China want to initiate various development projects relevant to the competitive digital...

Published 04 May, 2024 05:48am

Industry

LCCI gives SOS call to govt to save real estate sector

LAHORE: The Lahore Chamber of Commerce and Industry Friday gave SOS call to the government to save the crisis-hit...

Published 04 May, 2024 05:48am

New policy about industrial states on the cards: Minister

Industry

Money & Banking

Asian currencies strengthen as Fed hints dovish stance

BENGALURU: Asian emerging market currencies and equities climbed higher on Friday after the Federal Reserve ...

Published 04 May, 2024 05:48am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 14	280.68
USD PKR Interbank Buying / Apr 14	280.48
USD to Japanese Yen / Apr 14	142.49
USD to Swiss Franc / Apr 14	0.81
Pound Sterling to USD / Apr 14	1.32
Euro to USD / Apr 14	1.14
UK LIBOR % / Apr 11	4.96

Stock	Volume
S&P 500 / Apr 11	5,363.36
India Sensex / Apr 11	75,157.26
Nasdaq / Apr 11	16,724.46
Dow Jones / Apr 11	40,212.71
Tokyo Nikkei / Apr 14	33,982.36
Hang Seng / Apr 14	21,367.90
FTSE 100 / Apr 14	8,113.87
Germany DAX 30 / Apr 14	20,831.83
France CAC40 / Apr 14	7,259.65

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 11	16,785
Gold 10 Grams PKR / Apr 11	290,466
Crude Oil USD/Barrel / Apr 14	61.28
Gold Spot USD/Ounce / Apr 14	3,229.53
Cotton US¢/pound / Apr 14	67.08
Petrol/Litre / Apr 15	254.63
Diesel/Litre / Apr 15	258.64

Gainers
Losers
Leaders

Stock	Price
Pak Agro Pack. (GEM) / Apr 14 Pak Agro Packaging Limited (GEM)(GEMPAPL)	8.84 ▲ 0.99 (12.61%)
Ruby Textile / Apr 14 Ruby Textile Mills Limited(RUBY)	7.80 ▲ 0.86 (12.39%)
Tariq Corporation / Apr 14 Tariq Corporation Limited(TCORP)	14.69 ▲ 1.34 (10.04%)
Secure Logistics / Apr 14 Secure Logistics Group Limited(SLGL)	14.83 ▲ 1.35 (10.01%)
Engro Powergen / Apr 14 Engro Powergen Qadirpur Limited(EPQL)	35.27 ▲ 3.21 (10.01%)
Dandot Cement / Apr 14 Dandot Cement Company Limited(DNCC)	15.29 ▲ 1.39 (10%)
Bawany Air Products / Apr 14 Bawany Air Products Limited(BAPL)	31.80 ▲ 2.89 (10%)
J.K.Spinning / Apr 14 J.K. Spinning Mills Limited(JKSM)	64.35 ▲ 5.85 (10%)
PIA Holding Co.B / Apr 14 PIA Holding Company Limited B(PIAHCLB)	1,462.40 ▲ 132.95 (10%)
Frontier Ceram / Apr 14 Frontier Ceramics Limited(FRCL)	27.50 ▲ 2.5 (10%)

Stock	Price
Habib Ins. / Apr 14 Habib Insurance Company Limited(HICL)	7.95 ▼ -1.26 (-13.68%)
Oilboy Energy(R) / Apr 14 Oilboy Energy Limited(R)(OBOYR2)	1.62 ▼ -0.24 (-12.9%)
Fateh Ind. / Apr 14 Fateh Industries Limited(FIL)	119.56 ▼ -13.27 (-9.99%)
Sindh Abadgar / Apr 14 Sindh Abadgar's Sugar Mills Limited(SASML)	52.50 ▼ -5.83 (-9.99%)
TPL Life Insur. / Apr 14 TPL Life Insurance Limited(TPLL)	49.35 ▼ -5.46 (-9.96%)
Hafiz Ltd. / Apr 14 Hafiz Limited(HAFL)	255 ▼ -26.68 (-9.47%)
Baba Farid Sugar / Apr 14 Baba Farid Sugar Mills Limited(BAFS)	53 ▼ -5.43 (-9.29%)
Mughal Energy / Apr 14 Mughal Energy Limited(GEM)(GEMMEL)	20 ▼ -2.02 (-9.17%)
First Elite Cap.Mod / Apr 14 First Elite Capital Modaraba(FECM)	16 ▼ -1.59 (-9.04%)
Shahzad Tex. / Apr 14 Shahzad Textile Mills Limited(SZTM)	27.26 ▼ -2.61 (-8.74%)

Stock	Volume
Cnergyico PK / Apr 14 Cnergyico PK Limited(CNERGY)	54,444,707 ▲ 0.23
Pak Int.Bulk / Apr 14 Pakistan International Bulk Terminal(PIBTL)	45,023,605 ▲ 0.5
Pak Elektron / Apr 14 Pak Elektron Limited(PAEL)	40,742,036 ▼ -0.01
Sui South Gas / Apr 14 Sui Southern Gas Company Limited(SSGC)	38,084,018 ▲ 2.37
B.O.Punjab / Apr 14 The Bank of Punjab(BOP)	33,174,212 ▲ 0.16
Citi Pharma Ltd / Apr 14 Citi Pharma Limited(CPHL)	25,349,324 ▲ 1.66
WorldCall Telecom / Apr 14 Worldcall Telecom Limited(WTL)	15,776,896 ▲ 0.02
Power Cement / Apr 14 Power Cement Limited(POWER)	14,852,543 ▼ -0.08
Dewan Cement / Apr 14 Dewan Cement Limited(DCL)	14,486,660 ▲ 0.86
K-Electric Ltd. / Apr 14 K-Electric Limited(KEL)	13,484,387 ▼ -0.04

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