News Archives for Print - 2024-05-26

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Print - 2024-05-26

Europe

Spanish defence minister says Gaza war is ‘real genocide’

MADRID: The Spanish defence minister said on Saturday that the conflict in Gaza is a “real genocide”, as...

Published 26 May, 2024 02:56am

G7 asks Israel to protect Palestinian banking services

STRESA, (Italy): G7 finance ministers urged Israel Saturday not to disrupt “vital financial transactions” in the...

Published 26 May, 2024 02:56am

NASA launches ground-breaking climate change satellite

WASHINGTON: A tiny NASA satellite was launched Saturday from New Zealand with the mission of improving climate ...

Published 26 May, 2024 02:56am

More than one in four Syrians ‘extremely poor’: World Bank

BEIRUT: More than a quarter of Syrians live in extreme poverty, the World Bank said Saturday, 13 years into a...

Updated 26 May, 2024 09:15am

Azerbaijan FM due on 29th

The visiting foreign minister will hold talks with the Deputy Prime Minister and Foreign Minister Ishaq Dar and call on the Pakistani leadership

Published 26 May, 2024 02:56am

Pak athlete, journalist released in Greece

Khan was arrested by Greek police reportedly for trying to hoist the Pakistani flag on Mount Olympus

Published 26 May, 2024 02:56am

PTI leader Mughal granted bail

ISLAMABAD: The Anti-Terrorism Court (ATC) on Saturday granted post-arrest bail to Pakistan Tehreek-e-Insaf (PTI)...

Published 26 May, 2024 02:56am

PTI terms 25th May 2022 ‘darkest day’ in political history

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Saturday declared May 25, 2022 as the darkest day in political history...

Published 26 May, 2024 02:56am

Christian community attacked after blasphemy accusation

LAHORE: At least five members of a minority Christian community were rescued on Saturday after a Muslim crowd...

Published 26 May, 2024 02:56am

Fight against smuggling: PM assures civil armed forces of full support

ISLAMABAD: Prime Minister Shehbaz Sharif said that the government would continue providing full support to the civil...

Published 26 May, 2024 02:56am

‘Steps underway for wellbeing of special children’

LAHORE: Governor Punjab, Sardar Saleem Haider Khan has said that special students are an important part of our...

Published 26 May, 2024 02:56am

Pakistan’s energy sector: Growing burden of circular debt

As a result of the alleged corruption and ineptitude of the power bureaucracy in the country, the cost of dealing...

Published 26 May, 2024 02:56am

Cattle market: Sattar says satisfied with security arrangements

KARACHI: MQM senior leader Dr Farooq Sattar has stated that the security arrangements at the cattle market are...

Published 26 May, 2024 02:56am

Energy

RE generated 30pc of world’s electricity in 2023: WEF

LAHORE: Renewable energy has generated 30 percent of the world’s electricity in 2023, said a report of World...

Published 26 May, 2024 02:56am

2,271 involved in gambling arrested: CCPO

LAHORE: Police have registered 540 cases and arrested 2271 suspects in a series of operations against lawbreakers...

Published 26 May, 2024 02:56am

Heatwave likely to persist in current week

KARACHI: Amid the continuing heatwave in the country, the Met Office has forecast higher temperatures and ...

Published 26 May, 2024 02:56am

Fine imposed on violators: AC Qasimabad inspects rates of Naan, Chapati

HYDERABAD: On the directions of Deputy Commissioner Hyderabad, Zain-ul-Abideen Memon, Assistant Commissioner...

Published 26 May, 2024 02:56am

Accused arrested on supplementary statement: Lower judiciary restrained from entertaining any plea for judicial or physical remand

LAHORE: The Lahore High Court (LHC) restrained the lower judiciary to entertain any request for physical or judicial...

Published 26 May, 2024 02:56am

‘Oral & Maxillofacial Surgery’ dept operational in LGH

LAHORE: The Punjab government has established a new department of “Oral and Maxillofacial Surgery” in Lahore...

Published 26 May, 2024 02:56am

FIA lodges case over embezzlement in distribution of gunny bags

LAHORE: The Federal Investigation Agency (FIA) has lodged a case against Passco officials after Interior Minister...

Published 26 May, 2024 02:56am

Letters

‘The Punjab Defamation Act 2024’

This is apropos a letter to the Editor by this writer carried by the newspaper yesterday. I wish to add to my...

Published 26 May, 2024 02:56am

Dozens of people deprived of valuables in Islamabad

ISLAMABAD: Armed dacoits, robbers, and carjacking gangs have deprived dozens of citizens of gold, cash, mobile...

Published 26 May, 2024 02:56am

Pakistan welcomes ICJ’s ruling on Gaza

ISLAMABAD: Pakistan on Saturday welcomed the additional provisional measures by the International Court of Justice...

Published 26 May, 2024 02:56am

Industry

SECP holds session on Wealth management

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) in collaboration with Pakistan Stock Exchange...

Published 26 May, 2024 02:56am

Rubina urges BISP’s beneficiaries not to trust messages from any number except ‘8171’

ISLAMABAD: Chairperson of the Benazir Income Support Programme (BISP), Rubina Khalid Saturday advised the...

Published 26 May, 2024 02:56am

Prices of essential kitchen items decline

ISLAMABAD: The prices of essential kitchen items have witnessed a notable reduction during this week past against ...

Published 26 May, 2024 02:56am

Energy

US natural gas prices weaker on low demand forecasts

NEW YORK: US natural gas futures dropped about 5% on Friday to a one-week low on forecasts for lower demand in two...

Published 26 May, 2024 02:56am

Energy

Oil prices drop as interest rate policy spurs fuel demand worries

HOUSTON: Oil prices rose about 1% on Friday, but fell for the week on worries that strong US economic data would ...

Published 26 May, 2024 02:56am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (May 25, 2024)...

Published 26 May, 2024 02:56am

Cotton & Textile

Spot rate firm on cotton market

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

Published 26 May, 2024 02:56am

Commodities

French wheat rating slips, maize sowing slows as rain returns

PARIS: The condition of French soft wheat declined slightly last week to remain at a four-year low while maize...

Published 26 May, 2024 02:56am

Commodities

Taiwan tenders for estimated 96,850 tons of wheat of US-origin

HAMBURG: The Taiwan Flour Millers’ Association has issued an international tender to purchase an estimated 96,850...

Published 26 May, 2024 02:56am

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 27.567...

Published 26 May, 2024 02:56am

The Weather

KARACHI: The weather report on Saturday (May 25, 2024) and the forecast for Sunday (May 26, 2024)....

Published 26 May, 2024 02:56am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (May 25, 2024). ======================================= Offset...

Published 26 May, 2024 02:56am

‘Skimmed & Instant Milk Powder’ New customs values on import of milk products fixed

ISLAMABAD: Directorate General of Customs Valuation Karachi has fixed new customs values on the import of “Skimmed...

Updated 26 May, 2024 09:10am

Track and trace system: Govt hasn’t lost even a single penny due to delay in implementation?

ISLAMABAD: The government of Pakistan has not lost a single penny due to the delay in the implementation of the...

Updated 26 May, 2024 09:12am

Federation, provinces on one page for development: Tarar

ISLAMABAD: Minister for Information, Broadcasting, National Heritage and Culture, Attaullah Tarar stated on Saturday...

Updated 26 May, 2024 09:08am

Mining sector: Chinese firm assured of investment facilitation

ISLAMABAD: The Special Investment Facilitation Council (SIFC) apex committee on Saturday assured a Chinese firm of...

Updated 26 May, 2024 09:09am

Govt decides to do away with subsidised gas for fertilizer industry

ISLAMABAD: The federal government has decided to do away with subsidised gas to the fertiliser industry for urea as...

Updated 26 May, 2024 09:09am

Privatisation of SOEs: SIFC stresses need for meeting timelines

Committee reiterates the commitment to improve the investment ecosystem, and gave directions to make it more investment friendly through sustainable policy initiatives

Updated 26 May, 2024 09:06am

Budget proposals: OICCI calls for abolishing advance tax on telecom subscribers

ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has recommended the government to abolish...

Updated 26 May, 2024 09:12am

Pending service appeals: SC asks SHC, Service Tribunal to formulate standing instructions to ‘settle down a reasonable timeline’

ISLAMABAD: The Supreme Court asked the chief justice Sindh High Court (SHC), and the chairman Service Tribunal to...

Updated 26 May, 2024 09:12am

Orders of President, Cabinet Division ignored: FBR still filing petitions against FTO

ISLAMABAD: Despite clear-cut directions from the Cabinet Division and against the orders of the president issued in...

Updated 26 May, 2024 09:14am

Major step taken to boost Pakistan-Iran bilateral trade

ISLAMABAD: Pakistan and Iran have decided to open Taftan and Gabd borders 24/7 — a major step forward to promote...

Updated 26 May, 2024 09:15am

Taxes

Anti-tobacco activists for hiking FED on cigarettes

ISLAMABAD: Anti-tobacco activists have warned that the government would lose revenue and benefits gained through tax...

Published 26 May, 2024 02:56am

PIDE, RASTA, PSDE hold ‘Economy Festival 2024’ in Islamabad

LAHORE: Former Deputy Chairman of the Planning Commission and Vice Chancellor of Pakistan Institute of Development...

Published 26 May, 2024 02:56am

Legislature and judiciary

EDITORIAL: The way criticism of the judiciary is echoing in the Senate, growing ever louder as legislators use...

Published 26 May, 2024 02:56am

Neelum-Jehlum breakdown, again

EDITORIAL: The prime minister will have to do a lot more than order an inquiry into the latest “technical fault” at...

Published 26 May, 2024 02:56am

Industry

Minister announces formation of panel to resolve issues facing KATI

KARACHI: Sindh Minister of Local Government, Housing Town Planning, and Public Health Engineering, Saeed Ghani,...

Published 26 May, 2024 02:56am

Commodities

Gold prices fall slightly

KARACHI: The local gold market on Saturday saw a slight dip but silver stood firm, traders said. At the week ...

Published 26 May, 2024 02:56am

Political parties reject KP budget for FY25

PESHAWAR: Political parties including PML-N, ANP and Qaumi Watan Party (QWP) have rejected the provincial budget for...

Published 26 May, 2024 02:56am

Industry

Book on IT launched at LCCI

LAHORE: A unique book on IT, “Branding through Digital Marketing” was launched at the Lahore Chamber of Commerce...

Published 26 May, 2024 02:56am

Money & Banking

Zindigi JS Bank, 5th Pillar Takaful sign MoU

KARACHI: The Digital banking Initiative of JS Bank, Zindigi, has partnered with 5th Pillar Family Takaful, a...

Published 26 May, 2024 02:56am

Commodities

Japanese rubber futures post gain

SINGAPORE: Japanese rubber futures rose for a third session on Friday to post their longest weekly gaining streak in...

Published 26 May, 2024 02:56am

Commodities

Gold loses momentum on ebbing rate cut speculation

BENGALURU: Gold prices rose on Friday as the dollar slipped, but were headed for their worst week in five and a half...

Published 26 May, 2024 02:56am

Commodities

CBOT wheat futures climb on Russia crop worries

CHICAGO: Chicago Board of Trade wheat futures were nearly flat on Friday but remained up about 7% for the week on...

Published 26 May, 2024 02:56am

Commodities

Malaysian palm oil erases early gains on rising output

MUMBAI: Malaysian palm oil futures erased early gains to end lower on Friday as a recovery in production offset the...

Published 26 May, 2024 02:56am

Commodities

Brazil 2023/24 soybean crop view cut on sharp drop in average yields

SAO PAULO: Brazilian soybean production will total 147.57 million metric tons in the 2023/2024 season, smaller than ...

Published 26 May, 2024 02:56am

Commodities

Iron ore heads for second weekly gain on China property stimulus

BEIJING: Iron ore futures prices were range-bound on Friday but were heading for a second weekly gain on the back of...

Published 26 May, 2024 02:56am

Commodities

Copper slips on interest rate worries, lacklustre demand in China

LONDON: Copper prices dropped on Friday as worries about higher interest rates and soft physical demand in China...

Published 26 May, 2024 02:56am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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