News Archives for Print - 2024-06-17

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Print - 2024-06-17

Afghan Taliban govt says to attend next round of UN talks in Doha

KABUL: Taliban authorities will attend the third round of United Nations-hosted talks on Afghanistan in the Qatari...

Published 17 Jun, 2024 05:30am

At least 19 Hajj pilgrims dead in Saudi Arabia

AMMAN: At least 19 Jordanian and Iranian pilgrims have died while on the Hajj pilgrimage in Saudi Arabia, ...

Updated 17 Jun, 2024 05:50am

PM speaks to Azerbaijan president and Bahrain king, exchanges Eid greetings

ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday held a telephonic conversation with the President of the Republic...

Published 17 Jun, 2024 05:30am

PM, Erdogan exchange Eid greetings, discuss ties

ISLAMABAD: Pakistan and Turkiye have agreed to continue working together to address common challenges and to support...

Published 17 Jun, 2024 05:30am

Eid-ul-Azha: NA Speaker extends greetings to Ummah

ISLAMABAD: Speaker National Assembly Sardar Ayaz Sadiq extended heartfelt greetings to the entire nation and the...

Published 17 Jun, 2024 05:30am

Punjab governor calls on PM

LAHORE: The Punjab Governor, Sardar Saleem Haider Khan, called on Prime Minister of Pakistan Muhammad Shahbaz ...

Published 17 Jun, 2024 05:30am

CM Punjab’s message on Int’l Father’s Day

LAHORE: “Today is a day to recognize invaluable role of fathers in raising and guiding children,” said Chief...

Published 17 Jun, 2024 05:30am

CM expresses grief

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif expressed deep grief and sorrow over drowning of four persons in a...

Published 17 Jun, 2024 05:30am

Huaneng Craftsman Cup 2024: Two Pakistani engineers participate

LAHORE: Two Pakistani engineers, Fahad Ahmed and Sohail Abbas, from the 2x660MW Sahiwal Power Plant in Qadirabad,...

Published 17 Jun, 2024 05:30am

Sikh pilgrims attend martyrdom day of Arjun Dev Ji

LAHORE: Sikh pilgrims, who had come to Pakistan from India attended religious rituals at Gurdwara Dera Sahib at the...

Published 17 Jun, 2024 05:30am

PCB gives update about five injured players

LAHORE: The Pakistan Cricket Board (PCB) has given update about five injured cricketers who are presently under the...

Published 17 Jun, 2024 05:30am

Sindh launches campaign against transporters charging excess fares

KARACHI: On the directions of Senior Minister for Transport, Information and Excise and Taxation Sharjeel Inam ...

Published 17 Jun, 2024 05:30am

Senior journalist Ishaq Mangrio passes away

KARACHI: Senior journalist of Sindhi media and former president Hyderabad Press Club Ishaq Mangrio passed away here...

Published 17 Jun, 2024 05:30am

President extends Eid greetings to nation, Ummah

ISLAMABAD: President Asif Ali Zardari has extended his warm felicitations to the nation and the Muslim Ummah on the...

Published 17 Jun, 2024 05:30am

Two killed, five injured in Kurram landmine blast

PESHAWAR: Two people were killed and five others were wounded when a roadside bomb exploded in Kurram district of...

Published 17 Jun, 2024 05:30am

Europe

Ukraine summit sees hard road to peace as way forward uncertain

BUERGENSTOCK: Western powers and their allies at a summit in Switzerland denounced Russia’s invasion of Ukraine on...

Published 17 Jun, 2024 05:30am

German govt discusses deportations to Afghanistan via Uzbekistan: Spiegel

FRANKFURT: Germany’s government is holding talks with Uzbekistan to enable deportations from Germany to ...

Published 17 Jun, 2024 05:30am

The Weather

KARACHI: The weather report on Sunday (June 16, 2024) and the forecast for Monday (June 17, 2024)....

Published 17 Jun, 2024 05:30am

Salaried class: Higher income tax rate of up to 35pc imposed

New income tax slabs for salaried class to be applicable from tax year 2024 effective for salary payable on or after July 1 2024

Updated 17 Jun, 2024 02:33pm

Import of items under FTAs, PTAs during 2022-23: Major decrease in duty exemptions/concessions witnessed

ISLAMABAD: The Federal Board of Revenue (FBR) has witnessed a major decrease in customs duty exemptions/concessions...

Updated 17 Jun, 2024 02:32pm

Health and education services: Sindh Finance Bill 2024 does not immediately impose 15pc SST: SRB

ISLAMABAD: Sindh Revenue Board (SRB) has clarified that the Sindh Finance Bill, 2024 does not immediately impose a...

Updated 17 Jun, 2024 02:47pm

US Navy rescues crew from ship struck by Houthis

CAIRO: The US Naval Forces Central Command (NAVCENT) said on Sunday that it had rescued the crew from the...

Updated 17 Jun, 2024 02:54pm

Uch Gas Field: Wapda seeks PD’s support for cut in fuel gas demand

ISLAMABAD: The Water and Power Development Authority (Wapda) has sought Power Division’s support to get approval to...

Updated 17 Jun, 2024 02:43pm

Discos consumers: Govt all set to file motion with Nepra to adjust category-wise SoT

ISLAMABAD: The federal government is all set to file a motion with National Electric Power Regulatory Authority...

Updated 17 Jun, 2024 02:51pm

Suki Kinari Hydropower Station: First Unit registers success

LAHORE: The first unit (Unit 4) of Pakistan Suki Kinari Hydropower Station, the largest hydropower power station...

Updated 17 Jun, 2024 03:03pm

Fertilizer sector availed Rs252.6bn tax exemption in 2022-23

ISLAMABAD: The fertilizer sector has availed huge sales tax exemption of Rs 252.60 billion during 2022-23 mainly due...

Updated 17 Jun, 2024 02:44pm

Eidul Azha today

LAHORE: Eid ul Adha to commemorate the great sacrifice of Hazrat Ibrahim (AS) and Hazrat Ismael (AS) is being...

Updated 17 Jun, 2024 08:52am

Foreigners living in Islamabad: New force being formed for protection: govt

ISLAMABAD: Interior Minister Syed Mohsin Naqvi said on Sunday that the government was going to form a new force for...

Updated 17 Jun, 2024 02:43pm

Income Tax Expenditure (cost of exemption) estimated at Rs476.96bn

ISLAMABAD: The Income Tax Expenditure (cost of exemption) has been estimated at Rs 476.96 billion during 2022-23....

Updated 17 Jun, 2024 03:03pm

Jailed APHC chairman Butt assails India, Israel

OCCUPIED SRINAGAR: Illegally detained Chairman of All Parties Hurriyat Conference, Masarrat Aalam Butt, Sunday...

Published 17 Jun, 2024 05:30am

PM exchanges Eid greetings with Mokhber

ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday held a telephonic conversation with Acting Iranian President...

Published 17 Jun, 2024 05:30am

Pakistani Taliban announce ‘three-day ceasefire’

ISLAMABAD: The Pakistani Taliban on Sunday announced a three-day ceasefire with the government in Islamabad on the...

Published 17 Jun, 2024 05:30am

Cotton & Textile

Weekly Cotton Review: Stagnant prices amid extremely slow business

KARACHI: Cotton prices are stagnant, and business is extremely slow. However, there will be an improvement in...

Published 17 Jun, 2024 05:30am

China’s development, dividends for Pakistan

As both China and Pakistan are celebrating their 73rd Anniversary of the establishment of diplomatic relations, and...

Published 17 Jun, 2024 05:30am

Violation of women’s privacy

EDITORIAL: Authorities must urgently investigate concerns raised by the Digital Rights Foundation (DRF) about ...

Published 17 Jun, 2024 05:30am

Letters

The profundity of a free Press

This is apropos a letter to the Editor carried by the newspaper a few days ago. In my view, a free and independent...

Published 17 Jun, 2024 05:30am

Commodities

Prices of ginger, onion, tomato, garlic increase in Peshawar

PESHAWAR: Prices of ginger, onion, green chili, tomatoes and garlic along with other items have risen up on eve of...

Published 17 Jun, 2024 05:30am

Stocks

State-run firms boost Indian shares to record closing highs

BENGALURU: Indian shares logged record closing highs for a second straight session on Friday, driven by state-run...

Published 17 Jun, 2024 05:30am

Stocks

Japan’s 10-year bond yield falls

TOKYO: Japan’s 10-year bond (JGB) yield sharply dropped and the 10-year JGB futures jumped on Friday after the ...

Published 17 Jun, 2024 05:30am

Stocks

Nikkei ends higher

TOKYO: Japan’s Nikkei share average ended higher on Friday after the central bank opted to leave policy settings...

Published 17 Jun, 2024 05:30am

Stocks

Sri Lankan shares fall

BENGALURU: Sri Lankan shares closed lower on Friday, pulled down by communication services and utilities stocks. ...

Published 17 Jun, 2024 05:30am

Stocks

UAE bourses end mixed ahead of Eid break

DUBAI: Stock markets in the United Arab Emirates closed lower on Friday in thin trade ahead of Eid-Al-Adha ...

Published 17 Jun, 2024 05:30am

Stocks

FTSE 100 logs longest weekly losing run since March 2020

LONDON: Britain’s FTSE 100 marked its longest weekly losing streak since March 2020 on Friday, as investors...

Published 17 Jun, 2024 05:30am

Stocks

Wall Street Week Ahead: Retail stocks search for direction as rates stay high

NEW YORK: Elevated US interest rates are pressuring the US retail sector, where shares of many companies have been...

Published 17 Jun, 2024 05:30am

Rates

Automart: car prices in Karachi

KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Sunday (June 16,...

Published 17 Jun, 2024 05:30am

Companies

RwandAir says Qatar Airways close to acquiring stake: FT

DOHA: RwandAir expects Qatar Airways to finalise its purchase of a major stake in the central African country’s...

Published 17 Jun, 2024 05:30am

Industry

SBA challenges BF ‘hegemony’ at Sarhad Chamber

PESHAWAR: A new group under the banner of Sarhad Business Alliance (SBA) has been formed to challenge the over...

Published 17 Jun, 2024 05:30am

Industry

Infant formula, fortified children’s milk powders: Govt’s decision to withdraw zero-rating benefits criticized

LAHORE: Local industrial sector specializing in infant formula and fortified children’s milk powders has voiced...

Published 17 Jun, 2024 05:30am

Analyst says salaried class overburdened

KARACHI: Ateequr Rehman, economic & financial analyst, said that the salaried class is overburdened with ...

Published 17 Jun, 2024 05:30am

Export sector rejects removal from FTR

KARACHI: Export sector has categorically rejected budget proposals, particularly removal of exporters from fixed tax...

Published 17 Jun, 2024 05:30am

FPCCI seeks PM’s intervention to save exporters’ interests

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

Published 17 Jun, 2024 05:30am

Reinventing the wheel

EDITORIAL: If only the government did half as much work on tax reforms as private institutions do, we would not have...

Published 17 Jun, 2024 05:30am

SINDH FINANCE BILL 2024—II/COMMENTS & NEWS

(iii) in clause (jj),——— (a) for the word “thirteen”, the word “fifteen” shall be substituted; and...

Published 17 Jun, 2024 05:30am

China securities regulator says it will step up curbs on short-selling

SHANGHAI: China’s securities regulator said late on Sunday it will step up curbs on short-selling activities, and...

Published 17 Jun, 2024 05:30am

Fed’s Kashkari says it’s ‘reasonable’ to predict December rate cut

NEW YORK: Minneapolis Federal Reserve President Neel Kashkari on Sunday said it’s a “reasonable prediction”...

Published 17 Jun, 2024 05:30am

Money & Banking

Sterling on track for best week of year against ailing euro

LONDON: Sterling was on track for its biggest weekly gain against the euro in nearly seven months on Friday, as...

Published 17 Jun, 2024 05:30am

Money & Banking

C$ posts weekly gain

TORONTO: The Canadian dollar steadied against its broadly stronger US counterpart on Friday as domestic data showed...

Published 17 Jun, 2024 05:30am

Companies

Healthcare firm Concentra reveals quarterly revenue growth in IPO filing

BENGALURU: Select Medical’s unit Concentra Group disclosed a rise in quarterly revenue in its paperwork for a US...

Published 17 Jun, 2024 05:30am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 30	278.58
USD PKR Interbank Buying / Dec 30	278.43
USD to Japanese Yen / Dec 30	157.92
USD to Swiss Franc / Dec 30	0.90
Pound Sterling to USD / Dec 30	1.26
Euro to USD / Dec 30	1.04

Stock	Volume
S&P 500 / Dec 27	5,970.84
Nasdaq / Dec 27	19,238.48
Dow Jones / Dec 27	42,992.21
India Sensex / Dec 30	78,209.98
Tokyo Nikkei / Dec 30	39,894.54
Hang Seng / Dec 30	20,041.42
FTSE 100 / Dec 30	8,116.01
Germany DAX 30 / Dec 30	19,935.78

Item	Value
Gold 10 Grams PKR / Dec 27	234,225
Karachi Cotton PKR/37.32 KG / Dec 28	17,785
Crude Oil USD/Barrel / Dec 30	70.32
Gold Spot USD/Ounce / Dec 30	2,612.39
Cotton US¢/pound / Dec 30	68.60
Petrol/Litre / Dec 31	252.10

Gainers
Losers
Leaders

Stock	Price
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	7.52 ▲ 1.00 (15.34%)
Sec. Inv. Bank / Dec 30 Security Investment Bank Limited(SIBL)	8.99 ▲ 1.00 (12.52%)
Abdullah Shah / Dec 30 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7.20 ▲ 0.79 (12.32%)
Dost Steels Ltd. / Dec 30 Dost Steels Limited(DSL)	6.70 ▲ 0.72 (12.04%)
Telecard Limited / Dec 30 Telecard Limited(TELE)	9.63 ▲ 1.00 (11.59%)
Media Times Ltd / Dec 30 Media Times Limited(MDTL)	2.40 ▲ 0.24 (11.11%)
I.C.C. Ind. / Dec 30 ICC Industries Limited(ICCI)	10.03 ▲ 1.00 (11.07%)
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	10.48 ▲ 1.00 (10.55%)
Idrees Tex. / Dec 30 Idrees Textile Mills Limited(IDRT)	14.27 ▲ 1.30 (10.02%)

Stock	Price
National Silk / Dec 30 The National Silk & Rayon Mills Limited(NSRM)	49.90 ▼ -5.54 (-9.99%)
Olympia Mills / Dec 30 Olympia Mills Limited(OML)	36 ▼ -3.99 (-9.98%)
Maqbool Tex. / Dec 30 Maqbool Textile Mills Limited(MQTM)	28.50 ▼ -2.56 (-8.24%)
Shahzad Tex. / Dec 30 Shahzad Textile Mills Limited(SZTM)	27.50 ▼ -2.37 (-7.93%)
Al-Khair Gadoon / Dec 30 Al-Khair Gadoon Limited(AKGL)	38.50 ▼ -3.21 (-7.70%)
Dewan Textile / Dec 30 Dewan Textile Mills Limited(DWTM)	6.90 ▼ -0.56 (-7.51%)
Engro Poly(Pref / Dec 30 Engro Poly(Pref)(EPCLPS)	11.10 ▼ -0.90 (-7.50%)
Habib Sugar / Dec 30 Habib Sugar Mills Limited(HABSM)	79 ▼ -5.26 (-6.24%)
First Tri-Star Mod. / Dec 30 First Tri-Star Modaraba(FTSM)	14.35 ▼ -0.90 (-5.90%)

Stock	Volume
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	125,453,825 ▲ 1.00
Fauji Foods Ltd / Dec 30 Fauji Foods Limited(FFL)	104,428,605 ▲ 0.32
WorldCall Telecom / Dec 30 Worldcall Telecom Limited(WTL)	96,647,456 ▲ 0.13
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	84,168,029 ▲ 1.00
Silk Bank Ltd / Dec 30 Silkbank Limited(SILK)	48,777,302 ▲ 0.08
K-Electric Ltd. / Dec 30 K-Electric Limited(KEL)	45,290,268 ▲ 0.19
TRG Pak Ltd / Dec 30 TRG Pakistan Limited(TRG)	40,065,544 ▼ -3.15
Pak Elektron / Dec 30 Pak Elektron Limited(PAEL)	36,275,641 ▲ 4.05
Hascol Petrol / Dec 30 Hascol Petroleum Limited(HASCOL)	34,627,314 ▼ -0.09

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