News Archives for Print - 2024-06-22

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Print - 2024-06-22

Rare LNG vessel sails through Red Sea amid Houthi attacks

SINGAPORE: The first liquefied natural gas (LNG) tanker since January is sailing through the Red Sea, just days ...

Published 22 Jun, 2024 06:47am

The Weather

KARACHI: The weather report on Friday (June 21, 2024) and the forecast for Saturday (June 22, 2024)...

Published 22 Jun, 2024 06:47am

Attacking users in 2023: Password stealers made over 32m attempts: Kaspersky report

ISLAMABAD: A global cybersecurity firm disclosed that over 32 million attempts were made by the password stealers to...

Published 22 Jun, 2024 06:47am

Temperatures lowered by scattered rains in some parts of country

ISLAMABAD: The scattered rain that occurred in some parts of the country helped in lowering the temperature as well...

Published 22 Jun, 2024 06:47am

KMC opposition leader hits out at mayor for ‘poor’ performance

KARACHI: Saifuddin Advocate, the leader of the opposition in city council, has lambasted the Pakistan People Party’s...

Published 22 Jun, 2024 06:47am

ICC approves Champions Trophy 2025 schedule

LAHORE: The International Cricket Council (ICC) is learnt to have approved proposed schedule for the Champions ...

Published 22 Jun, 2024 06:47am

Debate continues over budget in Sindh Assembly

KARACHI: The treasury on Friday continued debate of the provincial budget here Friday for the second sitting. A...

Published 22 Jun, 2024 06:47am

Eid cleanliness drive: CM honours Chief COs WMCs, sanitary workers

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif called Chief Officers and sanitary workers to CM office to honour...

Published 22 Jun, 2024 06:47am

Missing person case: IHC seeks reports from ISI, MI

ISLAMABAD: The Islamabad High Court (IHC) directed the sector commanders of Inter-Services Intelligence (ISI) and...

Published 22 Jun, 2024 06:47am

Reshuffle in federal bureaucracy

ISLAMABAD: The federal government on Friday transferred and posted several high-level officers in the federal...

Published 22 Jun, 2024 06:47am

Penang Malaysian Junior Squash Open 2024: Mahnoor Ali earns 2nd gold medal

LAHORE: Mahnoor Ali, an 11-year-old Pakistani squash sensation, has once again made headlines for her exceptional...

Published 22 Jun, 2024 06:47am

UK’s richest family get jail terms

GENEVA: A Swiss court handed jail sentences to four members of Britain’s richest family on Friday for exploiting...

Published 22 Jun, 2024 06:47am

Armenia too recognises Palestinian statehood

YEREVAN: Armenia has officially recognised a Palestinian state, the Armenian foreign ministry said on Friday, the...

Published 22 Jun, 2024 06:47am

MTBA urges FBR chief to issue apology to SC advocate

ISLAMABAD: Multan Tax Bar Association (MTBA) has urged chairman Federal Board of Revenue (FBR) to issue an...

Published 22 Jun, 2024 06:47am

Governor approves Police Order (Punjab Amendment) Act 2024

LAHORE: Punjab Governor Sardar Saleem Haider Khan on Friday approved the Police Order (Punjab Amendment) Act 2024,...

Published 22 Jun, 2024 06:47am

Motorway M-6: Matiari land acquisition issue resolved

HYDERABAD: A series of meetings between the DC office Matiari and NHA have resolved issues pertaining to land...

Published 22 Jun, 2024 06:47am

Ban on travel abroad: LHC seeks reply from ministry, others

LAHORE: The Lahore High Court on Friday sought replies from the interior ministry and other authorities within...

Published 22 Jun, 2024 06:47am

LHC seeks CDRs Ghulam Shabir

LAHORE: The Lahore High Court on Friday directed a cellular company to provide the CDRs of Ghulam Shabir alleged...

Published 22 Jun, 2024 06:47am

Distribution system damaged due to severe storm, rain: Fesco

FAISALABAD: In various areas of Fesco region on Thursday due to severe storm and rain, distribution system was...

Published 22 Jun, 2024 06:47am

IP gas pipeline: Completion must for Pakistan: Iranian envoy

LAHORE: Iranian Ambassador Dr. Raza Amiri Moghaddam said on Friday that completion of the Pak-Iran gas pipeline...

Published 22 Jun, 2024 06:47am

Citizen approaches LHC against Sect 144

LAHORE: A citizen Malik Najiullah on Friday approached the Lahore High Court against imposition of section 144 ...

Published 22 Jun, 2024 06:47am

All industries, CNG stations in Sindh: 24-hour gas holiday from tomorrow

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

Published 22 Jun, 2024 06:47am

Miftah, Khaqan to launch ‘Awaam Pakistan’ party

ISLAMABAD: Two dissenting “stalwarts” of the Pakistan Muslim League-Nawaz (PML-N), Shahid Khaqan Abbasi and...

Published 22 Jun, 2024 06:47am

Senate seeks report on abduction of 10 people in Harnai district

ISLAMABAD: Seeking report from the provincial government and a paramilitary force over an incident involving the...

Published 22 Jun, 2024 06:47am

Parts of Sindh receive rain

KARACHI: Rain with thunderstorm in parts of Sindh on Friday brought the mercury down and provided much-needed relief...

Published 22 Jun, 2024 06:47am

Google delegation meets Shaza Fatima

ISLAMABAD: A high-level delegation of Google called on Minister of State for IT and Telecommunication Shaza Fatima...

Published 22 Jun, 2024 06:47am

Alleged poll rigging: IK seeks early hearing of judicial commission formation petition

ISLAMABAD: Former prime minister Imran Khan has prayed to the Supreme Court to hear his petition to form a judicial...

Published 22 Jun, 2024 06:47am

COAS reaffirms unwavering commitment to strategic partnership with China

RAWALPINDI: Chief of Army Staff Gen Asim Munir reaffirmed Pakistan’s unwavering commitment to the strategic...

Published 22 Jun, 2024 06:47am

Teachers, researchers: FAPUASA for restoring 75pc tax exemption

LAHORE: Federation of All Pakistan Universities Academic Staff Association (FAPUASA) on Friday expressed strong...

Published 22 Jun, 2024 06:47am

PPP MPA threatens to join Opposition

LAHORE: Mumtaz Ali Chang, a Member of the Punjab Assembly from Pakistan Peoples Party on Friday threatened the...

Published 22 Jun, 2024 06:47am

Pakistan, China laud positive contribution of CPEC

ISLAMABAD: Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar met Liu Jianchao, Minister of Central...

Published 22 Jun, 2024 06:47am

Green Pakistan: Phase-I Up-scaling Programme achieves plantation target of 2.12bn

LAHORE: Phase-I of the Green Pakistan Up-scaling Program has achieved a plantation target of 2.12 billion to enhance...

Published 22 Jun, 2024 06:47am

PIA transports 325 pilgrims to Lahore

LAHORE: In its post-Hajj flight operation, the Pakistan International Airlines (PIA) on Friday transported 325...

Published 22 Jun, 2024 06:47am

PM praises role of IDCPC in deepening of ties with China

ISLAMABAD: Liu Jianchao, Minister of International Department of the Communist Party of China (IDCPC) called on ...

Published 22 Jun, 2024 06:47am

Police hunt mob that lynched local tourist accused of blasphemy

PESHAWAR: Authorities have begun an investigation to identify and arrest members of a mob that killed a local ...

Published 22 Jun, 2024 06:47am

Supply to canals suspended after two gates of Sukkur barrage crash

KARACHI: This is for the information of all public in Sindh in general and farmers in the command of Sukkur Barrage...

Published 22 Jun, 2024 06:47am

BS AHS, Doctor of Pharmacy programmes: UHS approves admission schedule

LAHORE: The academic calendars containing the admission schedules for BS Allied Health Sciences and Doctor of...

Published 22 Jun, 2024 06:47am

Stocks

Indian shares dip on profit booking

BENGALURU: Indian shares ended lower on Friday, once again succumbing to profit booking after hitting all-time ...

Published 22 Jun, 2024 06:47am

Stocks

China stocks track global markets lower amid strong outflows

SHANGHAI: China stocks closed down on Friday, tracking regional peers lower amid strength in the US dollar and a...

Published 22 Jun, 2024 06:47am

Stocks

European shares slip on tech, banks drag

PARIS: European shares closed lower on Friday, pressured by falls in technology and bank stocks, while Danish brewer...

Published 22 Jun, 2024 06:47am

Stocks

Wall Street mixed in choppy trade

NEW YORK: Wall Street’s main indexes were flat to higher in choppy trading on Friday, with the Nasdaq reversing...

Published 22 Jun, 2024 06:47am

Five soldiers martyred in Kurram blast

RAWALPINDI: Five army soldiers embraced martyrdom when an Improvised Explosive Device (IED) exploded on a vehicle of...

Published 22 Jun, 2024 06:47am

Imran says wants to negotiate ‘for Pakistan’

RAWALPINDI: During an informal chat with media amidst his £190 million reference hearing in Adiala Jail, Pakistan...

Published 22 Jun, 2024 06:47am

Punjab govt imposes Section 144

LAHORE: The Punjab government imposed Section 144 across the province for a week on Friday, citing the prevailing ...

Published 22 Jun, 2024 06:47am

Rs955bn Balochistan budget unveiled

QUETTA: Balochistan government on Friday unveiled a budget for the fiscal year 2024-25 with a total outlay of Rs 955...

Published 22 Jun, 2024 06:47am

Rates

Stocks witness uptick

KARACHI: Pakistan Stock Exchange on Friday witnessed highly volatile session and after moving in both directions,...

Published 22 Jun, 2024 06:47am

Iran envoy meets Nawaz, Maryam

LAHORE: The Ambassador of Islamic Republic of Iran Dr Raza Amiri Maghdam met with the Punjab Chief Minister Maryam...

Published 22 Jun, 2024 06:47am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (June 21, 2024). ==================================== BR...

Published 22 Jun, 2024 06:47am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (June 21, 2024)....

Published 22 Jun, 2024 06:47am

OSH compliance

The International Labour Organisation (ILO) has always been strongly committed to the protection of workers’ ...

Updated 22 Jun, 2024 07:45am

Letters

‘G-7 Actions: risking greater conflict with Russia’

This is apropos a letter to the Editor by this writer with the above headline carried by the newspaper recently. I...

Published 22 Jun, 2024 06:47am

Changing weather patterns

All the predictions about weather change are coming true. As a result various parts of the world were recently hit ...

Updated 22 Jun, 2024 07:43am

Pakistan’s quest for BRICS membership

BRICS is an acronym that represents an association of five major emerging economies: Brazil, Russia, India, China,...

Updated 22 Jun, 2024 10:50pm

PARTLY FACETIOUS: Bilawal’s reservations addressed?

“So all is well that ends well.” “You mean Bilawal’s reservations about the budget have been resolved.” “Pledged to...

Updated 22 Jun, 2024 07:49am

Money & Banking

Asian FX muted on robust dollar

BENGALURU: Asian currencies were subdued against the US dollar on Friday, with the Indonesian rupiah touching a ...

Published 22 Jun, 2024 06:47am

Weekly SPI inflation up 0.94pc

ISLAMABAD: The Sensitive Price Index-based inflation for the week ended June 20, 2024, increased by 0.94 per cent ...

Published 22 Jun, 2024 06:47am

Cotton & Textile

KCA decreases spot rate of cotton to Rs18,000/maund

LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Friday decreased the spot rate of new crop of...

Published 22 Jun, 2024 06:47am

Commodities

Local gold prices see momentum

KARACHI: The local gold prices on Friday saw a momentum after the global bullion value went past $2350 an ounce,...

Published 22 Jun, 2024 06:47am

OMAP writes letter to FBR chief: Concern voiced over budget implications for petroleum industry

LAHORE: The Oil Marketing Association of Pakistan (OMAP) has written a letter to the Chairman of the Federal Board ...

Published 22 Jun, 2024 06:47am

FY25 federal budget: LCCI calls for revocation of several measures

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has highlighted numerous measures in the federal budget...

Published 22 Jun, 2024 06:47am

Companies

Maritime, aquaculture: Irish co JFC Marin keen to invest in country

KARACHI: An Irish company, JFC Marin, has planned to launch its operations in Pakistan in maritime and aquaculture...

Published 22 Jun, 2024 06:47am

Airports outsourcing: UAE delegation due on 24th

KARACHI: After Saudi Arabia and Qatar, United Arab Emirates (UAE) has shown keen interest in acquiring major...

Published 22 Jun, 2024 06:47am

July-May IT, ITeS remittances up 23pc to $2.9bn YoY

ISLAMABAD: Information technology (IT) and IT-enabled services (ITeS) export remittances comprising computer ...

Published 22 Jun, 2024 06:47am

Trends in unemployment

EDITORIAL: One of the most ignored contributors to the unemployment rate – which stands at 6.3 percent, according...

Updated 22 Jun, 2024 07:28am

Targeted killing of a journalist

EDITORIAL: Independent and professional journalists in Pakistan face an array of threats, including intimidation,...

Published 22 Jun, 2024 06:47am

Defaulting govt departments

EDITORIAL: How ridiculous that government departments, ministries, even provincial governments, routinely default on...

Published 22 Jun, 2024 06:47am

Budget, Finance Bill: Trade bodies discuss ‘glaring anomalies’

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

Published 22 Jun, 2024 06:47am

EnVen Plant maintenance completed with investment of $50m

KARACHI: Engro Fertilizers has completed the largest-ever some 55 days scheduled maintenance activity of the EnVen...

Published 22 Jun, 2024 06:47am

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 22 Jun, 2024 06:47am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (June 21,...

Published 22 Jun, 2024 06:47am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (June 21, 2024). ======================== Open Bid Rs...

Published 22 Jun, 2024 06:47am

Packaged milk per litre: Consumers to pay Rs50 more from July 1

KARACHI: Pakistani packaged milk consumers will pay an additional Rs50 per litre starting July 1, 2024 due to the...

Updated 22 Jun, 2024 11:18pm

Govt assailed for further taxing the salaried class

Lawmakers say imposition of such heavy taxes may lead to an acceleration of brain drain from the country

Updated 22 Jun, 2024 02:10pm

Export of goods: Finance Bill proposes to change tax regime to ‘minimum tax’

ISLAMABAD: The Finance Bill 2024 has proposed to change the tax regime for export of goods from “final tax regime”...

Updated 22 Jun, 2024 02:37pm

Major urban cities: Valuation of immovable properties to be increased to 90pc

ISLAMABAD: The Federal Board of Revenue (FBR) Friday informed the Senate Standing Committee on Finance that the...

Updated 22 Jun, 2024 05:37pm

Govt ought to have consulted us before budget presentation: Bilawal

KARACHI: PPP Chairman Bilawal Bhutto Zardari has said that the federal government should have consulted them before...

Updated 22 Jun, 2024 08:45am

Senate panel asks FBR to address concerns of retail sector

ISLAMABAD: The Senate Standing Committee on Finance recommended Federal Board of Revenue (FBR) to address concerns...

Updated 22 Jun, 2024 09:18am

Primary payments: C/A posts $270m deficit in May

KARACHI: After a surplus for three consecutive months, the country recorded a current account deficit of $ 270...

Published 22 Jun, 2024 06:47am

Power loadshedding in KP: Federal govt facing a catch-22 situation

ISLAMABAD: Federal government is facing a catch 22 situation with respect to power loadshedding in Khyber...

Updated 22 Jun, 2024 09:07am

Parties show unity for CPEC, stronger China ties

ISLAMABAD: All the mainstream political parties of Pakistan on Friday displayed strong support to back the...

Updated 22 Jun, 2024 08:40am

$250m policy-based loan deal signed with ADB

ISLAMABAD: The Asian Development Bank (ADB) and the Government of Pakistan on Friday signed the agreement for a $250...

Updated 22 Jun, 2024 09:19am

July-May FDI grows $224m to $1.729bn YoY

KARACHI: Foreign Direct Investment (FDI) posted 15 percent growth during the first eleven months of this fiscal year...

Published 22 Jun, 2024 06:47am

Royalty arrangement: 25pc of sales promotion, ad expenses disallowed

ISLAMABAD: The government has disallowed 25 percent of sales promotion and advertising expenses under the royalty...

Updated 22 Jun, 2024 09:18am

World Bank approves $535m for social protection, livestock development

ISLAMABAD: The World Bank’s Board of Executive Directors approved $535 million in financing for Pakistan to ...

Published 22 Jun, 2024 06:47am

Exporters meet PM, praise cut in power tariff for industry

ISLAMABAD: A delegation of leading exporters met Prime Minister Shehbaz Sharif on Friday, said a press release. The...

Updated 22 Jun, 2024 02:37pm

Money & Banking

Yuan slips to fresh 7-month low

SHANGHAI: China’s yuan dipped to a fresh seven-month low against the dollar on Friday, hurt by portfolio outflows...

Published 22 Jun, 2024 06:47am

Companies

CCP approves 100pc acquisition of Actis by General Atlantic

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the 100% acquisition of M/s. Actis Holdings...

Published 22 Jun, 2024 06:47am

Companies

Hubco subsidiary ventures into EVs with China’s BYD

KARACHI: In a major development, Hub Power Holdings Limited, a wholly-owned subsidiary of The Hub Power Company...

Published 22 Jun, 2024 06:47am

Money & Banking

Dollar clings to gains against major currencies

NEW YORK: The dollar rose against other major currencies on Friday, hitting a fresh eight-week high against the yen...

Published 22 Jun, 2024 06:47am

Companies

S&P Global Pakistan celebrates 19th anniversary

KARACHI: S&P Global, a provider of credit ratings, benchmarks, analytics and workflow solutions in the global...

Published 22 Jun, 2024 06:47am

Industry

Minister for restoring egg-laying hen distribution programme

LAHORE: Punjab Minister for Agriculture, Livestock and Dairy Development Syed Ashiq Hussain Kirmani has directed the...

Published 22 Jun, 2024 06:47am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 2	281.13
USD PKR Interbank Buying / May 2	280.93
USD to Japanese Yen / May 2	144.96
USD to Swiss Franc / May 2	0.83
Pound Sterling to USD / May 2	1.33
Euro to USD / May 2	1.13
UK LIBOR % / May 2	4.96

Stock	Volume
S&P 500 / May 2	5,686.67
India Sensex / May 2	80,501.99
Tokyo Nikkei / May 2	36,830.69
Nasdaq / May 2	17,977.73
Hang Seng / May 2	22,504.68
FTSE 100 / May 2	8,596.35
Dow Jones / May 2	41,317.43
Germany DAX 30 / May 2	22,086.65
France CAC40 / May 2	7,770.48

Item	Value
Crude Oil USD/Barrel / May 2	58.29
Karachi Cotton PKR/37.32 KG / May 2	16,985
Gold 10 Grams PKR / May 2	295,353
Gold Spot USD/Ounce / May 2	3,240.49
Cotton US¢/pound / May 2	68.41
Petrol/Litre / May 4	252.63
Diesel/Litre / May 4	256.64

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / May 2 Kohinoor Power Company Limited(KOHP)	6.50 ▲ 0.9 (16.07%)
Dewan Mushtaq / May 2 Dewan Mushtaq Textile Mills Limited(DMTM)	7.96 ▲ 1 (14.37%)
Amtex Ltd / May 2 Amtex Limited(AMTEX)	2.63 ▲ 0.33 (14.35%)
Sally Textile / May 2 Sally Textile Mills Limited(SLYT)	9.14 ▲ 0.99 (12.15%)
First IBL Mod. / May 2 First IBL Modaraba(FIBLM)	3.13 ▲ 0.33 (11.79%)
Gulshan Sp. / May 2 Gulshan Spinning Mills Limited(GSPM)	3.34 ▲ 0.34 (11.33%)
Parmount Sp. / May 2 Paramount Spinning Mills Limited(PASM)	3.39 ▲ 0.34 (11.15%)
Hascol Petrol / May 2 Hascol Petroleum Limited(HASCOL)	9.98 ▲ 1 (11.14%)
First Elite Cap.Mod / May 2 First Elite Capital Modaraba(FECM)	13.95 ▲ 1.27 (10.02%)
Lalpir Power / May 2 Lalpir Power Limited(LPL)	23.51 ▲ 2.14 (10.01%)

Stock	Price
Pak Gen.Ins. / May 2 The Pakistan General Insurance Co. Ltd.(PKGI)	7.86 ▼ -0.88 (-10.07%)
Jubilee Spinning / May 2 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	11.43 ▼ -1.27 (-10%)
Zephyr Textile / May 2 Zephyr Textiles Limited(ZTL)	11.37 ▼ -1.12 (-8.97%)
Popular Islamic / May 2 Popular Islamic Modaraba(PIM)	13.02 ▼ -1.16 (-8.18%)
Calcorp Ltd / May 2 Calcorp Limited(CASH)	38.41 ▼ -3.08 (-7.42%)
D.S. Ind. Ltd. / May 2 D.S. Industries Limited(DSIL)	5.02 ▼ -0.34 (-6.34%)
Dewan Textile / May 2 Dewan Textile Mills Limited(DWTM)	5 ▼ -0.3 (-5.66%)
Imperial Limited / May 2 Imperial Limited(IML)	15 ▼ -0.87 (-5.48%)
Shahmurad Sugar / May 2 Shahmurad Sugar Mills Limited(SHSML)	360.51 ▼ -20.54 (-5.39%)
Habib Rice Products / May 2 Habib Rice Product Limited(HRPL)	30.23 ▼ -1.57 (-4.94%)

Stock	Volume
Sui South Gas / May 2 Sui Southern Gas Company Limited(SSGC)	29,319,891 ▲ 2.98
Cnergyico PK / May 2 Cnergyico PK Limited(CNERGY)	27,367,683 ▲ 0.02
B.O.Punjab / May 2 The Bank of Punjab(BOP)	20,836,529 ▲ 0.57
K-Electric Ltd. / May 2 K-Electric Limited(KEL)	14,766,764 ▲ 0.02
Maple Leaf Cement / May 2 Maple Leaf Cement Factory Limited(MLCF)	13,169,594 ▲ 2.39
WorldCall Telecom / May 2 Worldcall Telecom Limited(WTL)	11,631,669 ▲ 0.02
Fauji Cement / May 2 Fauji Cement Company Limited(FCCL)	11,208,268 ▲ 0.63
Sui North Gas / May 2 Sui Northern Gas Pipelines Limited(SNGP)	10,934,032 ▼ -0.95
At-Tahur Ltd. / May 2 At-Tahur Limited(PREMA)	10,647,030 ▲ 1.92
D.G.K.Cement / May 2 D.G. Khan Cement Company Limited(DGKC)	9,605,968 ▲ 8.33

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