News Archives for Print - 2024-06-25

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Print - 2024-06-25

South Asia

Infamous BD hangman dies after turning writer, TikTok star

DHAKA: Bangladesh’s deadliest executioner died Monday a year after he was released from prison where he hanged ...

Published 25 Jun, 2024 06:42am

Middle East

Foreign diplomats tour Beirut airport after weapons claims

BEIRUT: Senior Lebanese officials on Monday defended procedures at Beirut airport during a tour for journalists and...

Published 25 Jun, 2024 06:42am

South Asia

Modi calls for ‘consensus’ as parliament opens after polls

NEW DELHI: Indian Prime Minister Narendra Modi appealed to an emboldened opposition for “consensus” Monday, as...

Published 25 Jun, 2024 06:42am

UN unveils principles for fighting online disinformation

UNITED NATIONS: The United Nations on Monday published principles for fighting online disinformation, including an...

Published 25 Jun, 2024 06:42am

Trump and Biden do battle in first US presidential debate

WASHINGTON: Joe Biden and Donald Trump square off for a historic US presidential debate this week, with the stage ...

Published 25 Jun, 2024 06:42am

Middle East

Israel PM says ‘intense’ phase of Gaza war winding down

GAZA STRIP, (Palestinian Territories): A day after Israel’s Prime Minister Benjamin Netanyahu said the “intense...

Published 25 Jun, 2024 06:42am

Senegal tightens anti-Covid controls after Makkah deaths

DAKAR: Senegal said Monday it had implemented voluntary Covid-19 screening tests and reimposed the wearing of masks...

Published 25 Jun, 2024 06:42am

Parliament Lodges: Senate deputy chairman briefed on budget allocation

ISLAMABAD: The Senate House Committee meeting was convened at the Parliament House under the chairmanship of Deputy...

Published 25 Jun, 2024 06:42am

Registration of trust deed, REIT Scheme: SECP decides to revise procedure

ISLAMABAD: The Securities and Exchange Commission of Pakistan has decided to revise procedure for registration of...

Published 25 Jun, 2024 06:42am

Punjab Assembly condemns mob lynching

LAHORE: In a rare display of unity, the Punjab Assembly on Monday passed a resolution against mob lynching with...

Published 25 Jun, 2024 06:42am

PTI parliamentarians march demands release of IK

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) parliamentarians led by party chairman Barrister Gohar Ali Khan on Monday...

Published 25 Jun, 2024 06:42am

Khawar Maneka attack case: Pre-arrest bail plea of PTI lawyer rejected

ISLAMABAD: The Anti-Terrorism Court (ATC), on Monday, rejected the pre-arrest bail plea of a Pakistan ...

Published 25 Jun, 2024 06:42am

PFA discards 4,000kg substandard pickle

LAHORE: An enforcement team of the Punjab Food Authority (PFA) raided a pickle factory in Badami Bagh and discarded...

Published 25 Jun, 2024 06:42am

PCB starts process of broadcast production services partner

LAHORE: The Pakistan Cricket Board (PCB) has today commenced the process of appointing a broadcast production...

Published 25 Jun, 2024 06:42am

KMC budget meeting: Opposition’s behaviour exposes their negative mindset: Wahab

KARACHI: Mayor Karachi, Barrister Murtaza Wahab has said the opposition's behavior during the meeting called to...

Published 25 Jun, 2024 06:42am

Nawaz hints at changes in PML-N tiers

LAHORE: Pakistan Muslim League-Nawaz (PML-N) President Mian Nawaz Sharif chaired a meeting of the party leaders, ...

Published 25 Jun, 2024 06:42am

Minister praises performance of Punjab Police

LAHORE: Provincial Minister for Irrigation Muhammad Kazim Ali Pirzada visited the Central Police Office and met with...

Published 25 Jun, 2024 06:42am

Minister for taking full benefit of emerging technologies

ISLAMABAD: Federal Minister for Planning Ahsan Iqbal has stated that emerging technologies are challenges for a...

Published 25 Jun, 2024 06:42am

Lunch boxes, water bottles to be provided to prisoners in Punjab

LAHORE: The Punjab Prisons Department has decided to provide lunch boxes and fresh water bottles to all the ...

Published 25 Jun, 2024 06:42am

Imposition of Section 144: LHC seeks reply from Punjab govt

LAHORE: The Lahore High Court on Monday sought reply from the Punjab government on a petition of a citizen Malik...

Published 25 Jun, 2024 06:42am

Industry

High-level follow-up meeting on PM’s China visit held

ISLAMABAD: A high-level follow-up meeting on the prime minister's recent visit to China was held under the...

Published 25 Jun, 2024 06:42am

FGEHA official praises staff services during Eid

ISLAMABAD: The Director General of the Federal Government Employees Housing Authority (FGEHA), Captain Muhammad ...

Published 25 Jun, 2024 06:42am

CM orders start of 65 services under ‘Maryam Ki Dastak’

LAHORE: Chief Minister Maryam Nawaz Sharif while chairing a meeting to review services provided to citizens through...

Published 25 Jun, 2024 06:42am

Chinese experts arrive at June-end

ISLAMABAD: A delegation of Chinese experts from various fields is scheduled to visit Pakistan at the end of this...

Published 25 Jun, 2024 06:42am

Monsoon season: CDA chairman directs depts to ensure cleaning of nullahs

ISLAMABAD: Capital Development Authority (CDA) Chairman Muhammad Ali Randhawa, has directed all departments to ...

Published 25 Jun, 2024 06:42am

£190m Al-Qadir Trust case: AC issues release order on bail of IK

ISLAMABAD: The Accountability Court on Monday issued the release order on bail [Robkar] of Pakistan Tehreek-e-Insaf...

Published 25 Jun, 2024 06:42am

In meeting with Gates, PM vows to eradicate polio

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday reiterated that the Federal Government along with all the...

Published 25 Jun, 2024 06:42am

Stocks

Indian shares lower

BENGALURU: Indian shares fell on Monday, weighed down by financials, while some small- and mid-cap stocks slipped...

Published 25 Jun, 2024 06:42am

G-B unveils Rs1.402trn budget for 2024-25

GIlGIT: The Gilgit-Baltistan Government on Monday unveiled the budget of Rs1.402 trillion for the fiscal year...

Published 25 Jun, 2024 06:42am

SIC, PPP lawmakers assail budget

ISLAMABAD: The opposition lawmakers belonging to Pakistan Tehreek-e-Insaf-backed (PTI) Sunni Ittehad Council (SIC)...

Updated 25 Jun, 2024 09:00am

Recommendations aimed at improving health insurance plan formulated

LAHORE: The working group of health insurance programme, which met here on Monday with the provincial Health ...

Published 25 Jun, 2024 06:42am

PCB takes major step towards promoting quality domestic cricket

LAHORE: Emphasizing the promotion of quality domestic cricket at all levels, Pakistan Cricket Board (PCB) Chairman...

Published 25 Jun, 2024 06:42am

PARTLY FACETIOUS: ‘Public discourse on social media is taking the lead in shaping public opinion’

“There is a difference between discourse and policy.” “Of course there is. I don’t understand why you raised this…”...

Updated 25 Jun, 2024 07:37am

CM approves Public School Reorganisation Programme

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has approved the Public School Reorganisation Programme and the...

Published 25 Jun, 2024 06:42am

JI chief says people of KP, Balochistan can no longer afford military operations

LAHORE: Chief of Jamaat-e-Islami (JI) Hafiz Naeem ur Rehman has expressed surprise over the announcement of ...

Published 25 Jun, 2024 06:42am

Opposition says there is no uplift scheme

KARACHI: Saifuddin Advocate, opposition leader in the City Council Karachi denounced the Karachi Metropolitan...

Published 25 Jun, 2024 06:42am

KMC Council approves Rs49.6bn budget amid uproar

KARACHI: The Karachi Metropolitan Corporation (KMC) council approved a budget of Rs. 49.6 billion for the upcoming...

Published 25 Jun, 2024 06:42am

Number of ‘mysterious’ deaths in Karachi rises to 17 in a day

KARACHI: The number of mysterious deaths in Karachi has risen to 17 within one day span as rescue services found...

Published 25 Jun, 2024 06:42am

Competition Law: CCP, ICAP to develop compliance framework

ISLAMABAD: The Competition Commission of Pakistan (CCP) and Institute of Chartered Accountants of Pakistan (ICAP)...

Published 25 Jun, 2024 06:42am

Heavy rains likely in July: NDMA advises authorities to stay alert

ISLAMABAD: The National Disaster Management Authority (NDMA) has advised the relevant authorities to stay alert in...

Published 25 Jun, 2024 06:42am

ECP’s notification suspended: IHC reinstates Justice Jahangiri as judge of Tribunal

ISLAMABAD: The Islamabad High Court (IHC), Monday, suspended the Election Commission of Pakistan (ECP)’s...

Published 25 Jun, 2024 06:42am

Asia

18 Chinese among 22 killed in South Korea battery plant fire

HWASEONG, (South Korea): Twenty-two people were killed in a massive fire at a South Korean lithium battery plant on...

Published 25 Jun, 2024 06:42am

State of the economy

The fiscal year 2023-24 is likely to close with a mixed performance by the economy. On the positive side, there has...

Published 25 Jun, 2024 06:42am

Here we go again

Here we go again with another military operation against the religious extremist terrorists that afflict this...

Published 25 Jun, 2024 06:42am

Letters

Kamal Siddiqi deserves a lot of praise

It is a matter of great pride for every Pakistani journalist in particular that senior journalist Kamal Siddiqi, a...

Published 25 Jun, 2024 06:42am

Return of the East India Company?

In the year 1874 the East India Company was dissolved. The British Parliament took direct control of the Indian...

Published 25 Jun, 2024 06:42am

Visionary leadership: the missing ingredient in economic transformation

Henry Ford had a dream to make a car almost anyone could afford to buy. What are the dreams of our entrepreneurs?...

Published 25 Jun, 2024 06:42am

PTI legislators seem to have committed ‘political suicide’ by merging into SIC, observes CJP

ISLAMABAD: Chief Justice of Pakistan Qazi Faez Isa questioned why the Pakistan Tehreek-e-Insaf (PTI)-backed...

Published 25 Jun, 2024 06:42am

APEX Committee meeting: ‘There was no mention of Azm-e-Ishtehkam,’ says KP CM

PESHAWAR: Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur has said that the law and order situation improved...

Updated 25 Jun, 2024 09:42am

Finance Bill: Senate sends 128 suggestions to NA

ISLAMABAD: The Senate has made 128 recommendations to the National Assembly for legal changes and amendments in the...

Published 25 Jun, 2024 06:42am

Karachi records hottest day of the year so far

KARACHI: Karachi experienced its hottest day of the year, with temperatures soaring to record highs as mercury...

Published 25 Jun, 2024 06:42am

The Weather

KARACHI: The weather report on Monday (June 24, 2024) and the forecast for Tuesday (June 25, 2024)...

Published 25 Jun, 2024 06:42am

Bank deposits: Non-filers can face prospect of 30pc tax

ISLAMABAD: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) President Atif Ikram Sheikh and...

Updated 25 Jun, 2024 08:28am

CASA-1000 suddenly gets new lease of life?

ISLAMABAD: The authorities in Pakistan are hopeful of resumption of suspended work on transmission line of Central-...

Updated 25 Jun, 2024 09:01am

Power sector: Govt anticipates $2bn financing by IFIs in 3 years

For Power Distribution Strengthening Project-1, Asian Development Bank to extend OCR funding of $ 400 million during 2024-25

Updated 25 Jun, 2024 09:45am

FBR begins audit of urea/fertilizer dealers

ISLAMABAD: FBR has initiated a countrywide exercise for conducting audit of urea/fertilizers dealers to ensure that...

Updated 25 Jun, 2024 09:43am

Budget: opposition submits 460 cut motions

ISLAMABAD: The opposition parties in the National Assembly (NA) have submitted as many as 460 motions to cut the...

Updated 25 Jun, 2024 08:27am

Kachha Area in Sindh: Zardari for bringing criminals into mainstream

SUKKUR: President Asif Ali Zardari has said that criminals of Kachha Area in Sindh, except hardened criminals,...

Updated 25 Jun, 2024 08:26am

Stocks

Dow jumps amid broader market rally in countdown to inflation data

NEW YORK: The blue-chip Dow hit a one-month high in a broad-based rally on Monday, as investors rotated out of...

Published 25 Jun, 2024 06:42am

Stocks

European shares start week on bright footing on autos

BENGALURU: European shares advanced on Monday, shrugging off initial losses as automobile and bank stocks rose, ...

Published 25 Jun, 2024 06:42am

Stocks

Japan’s Nikkei ends choppy session on stronger note

TOKYO: Japan’s Nikkei share average closed higher on Monday after a weaker yen supported export-related stocks and...

Published 25 Jun, 2024 06:42am

Rates

Stocks slip into negative zone

KARACHI: Pakistan Stock Exchange on Monday opened on a positive note, however dropped into negative zone due to...

Published 25 Jun, 2024 06:42am

Grains

Russian wheat export prices decline further after yield data

MOSCOW: Russian wheat export prices continued to decline last week amid data on high yields at the start of the...

Published 25 Jun, 2024 06:42am

Grains

Paris wheat hits two-month low

HAMBURG/PARIS: European wheat futures fell to new two-month lows on Monday, as hot and dry weather forecast in ...

Published 25 Jun, 2024 06:42am

Energy

Oil prices higher

NEW YORK: Oil prices edged up on Monday on the prospect of strong summer fuel demand and rising geopolitical ...

Published 25 Jun, 2024 06:42am

Rates

Activities at Karachi Port Trust and Port Qasim

KARACHI: The Karachi Port Trust handled 248,404 tonnes of cargo comprising 157,882Tons of import cargo and 90,522...

Published 25 Jun, 2024 06:42am

Commodities

Gold gains on dollar retreat

BENGALURU; Gold prices rose on Monday, helped by a pullback in the dollar, while investors looked forward to US...

Published 25 Jun, 2024 06:42am

Commodities

PMEX daily trading report

KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 27.446 billion...

Published 25 Jun, 2024 06:42am

Grains

Chicago wheat hits lowest on improving supply

CANBERRA: Chicago wheat futures steadied on Monday after falling to their lowest since April as the dollar...

Published 25 Jun, 2024 06:42am

Commodities

Malaysian palm oil futures reverse early gains

BEIJING: Malaysian palm oil futures reversed early gains on Monday after range-bound trade to end flat as poor...

Published 25 Jun, 2024 06:42am

Commodities

Copper eases on subdued Chinese demand

LONDON: Copper eased on Monday, pressured by subdued demand in top consumer China and a significant upturn in...

Published 25 Jun, 2024 06:42am

Commodities

Japanese rubber futures reverse losses on weak yen

SINGAPORE: Japanese rubber futures pared early losses to tick up on Monday on a weak yen, although muted demand and...

Published 25 Jun, 2024 06:42am

Commodities

Iron ore at 2-1/2-month low as tepid steel demand, firmer dollar weigh

BEIJING: Prices of iron ore futures extended losses on Monday to their lowest levels in more than two months, pulled...

Published 25 Jun, 2024 06:42am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday, (June 24, 2024)...

Published 25 Jun, 2024 06:42am

Cotton & Textile

Cotton ginners go on strike over new taxes

LAHORE: The local cotton market on Monday remained steady and the trading volume remained satisfactory. Cotton...

Published 25 Jun, 2024 06:42am

Energy

Treasury, opposition benches assail KE for power outages

KARACHI: Treasury and opposition denounced the K-Electric for prolonged power cuts and “sucking the public ...

Published 25 Jun, 2024 06:42am

Latest macroeconomic data

EDITORIAL: Three major macroeconomic indicators were released end last week that did little to enhance the ...

Published 25 Jun, 2024 06:42am

Anti-terror operation– need for consensus

EDITORIAL: The government’s announcement regarding the launch of a new counter-terrorism campaign, namely ...

Published 25 Jun, 2024 06:42am

Commodities

Gold market sees some momentum

KARACHI: The local gold market on Monday saw some momentum but silver remained steady, traders said. At the week...

Published 25 Jun, 2024 06:42am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (June 24, 2024). ========================== KIBOR...

Published 25 Jun, 2024 06:42am

Forex

Open market rates of foreign currencies

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

Published 25 Jun, 2024 06:42am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (June 24, 2024). ==================================== BR...

Published 25 Jun, 2024 06:42am

Forex

Dollar's rate in Interbank market

KARACHI: Interbank closing rates for dollar on Monday (June 24, 2024). ======================== Open Bid Rs...

Published 25 Jun, 2024 06:42am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (June 24, 2024)....

Published 25 Jun, 2024 06:42am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (June 24, 2024)....

Published 25 Jun, 2024 06:42am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (June 24, 2024)...

Published 25 Jun, 2024 06:42am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (June 24, 2024). ======================================= Offset ...

Published 25 Jun, 2024 06:42am

Rates

LME official prices

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

Published 25 Jun, 2024 06:42am

Industry

High-level delegation leaves for Turkmenistan

ISLAMABAD: A high-level delegation led by the federal minister for industries and production has left for...

Published 25 Jun, 2024 06:42am

Govt urged to reconsider 25pc SAP expense disallowance policy

ISLAMABAD: The proposal to disallow 25% Sales Promotion, Advertising and Publicity (SAP) expense under Finance Bill...

Published 25 Jun, 2024 06:42am

Money & Banking

China’s yuan extends 7-month lows

SHANGHAI: China’s yuan weakened to a seven-month low against the dollar on Monday and was closing in on the...

Published 25 Jun, 2024 06:42am

Money & Banking

Dollar weakens after yen steadies amid intervention jitters

NEW YORK: The dollar eased from a near eight-week high on Monday, with traders back on alert for intervention to...

Published 25 Jun, 2024 06:42am

Money & Banking

Indian rupee underpinned by expected inflows

MUMBAI: The Indian rupee was largely unchanged on Monday with expectations of dollar inflows related to domestic...

Published 25 Jun, 2024 06:42am

Money & Banking

MENA

Dubai property boom is defying expectations of slowdown

Traditional markets like India, Pakistan to see investors join from Australia, UK, Europe

Updated 25 Jun, 2024 07:16pm

Industry

Govt to build new industrial estate in Gujrat

LAHORE: The Punjab government has decided to build a new industrial estate on non-agricultural land in Gujrat. In...

Published 25 Jun, 2024 06:42am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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