News Archives for Print - 2024-07-07

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Print - 2024-07-07

Europe

Algeria, Italy sign $455m agriculture deal

ALGIERS: Algeria and Italy on Saturday signed a 420-million-euro deal ($455 million) for an agricultural project in...

Published 07 Jul, 2024 03:08am

New UK PM declares Rwanda migrant plan ‘dead and buried’

LONDON: Newly elected UK prime minister Keir Starmer on Saturday began his first full day in charge declaring the...

Published 07 Jul, 2024 03:08am

PTA devises framework to promote emerging radio technologies

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has devised a framework for Radio Local Area Network...

Published 07 Jul, 2024 03:08am

Stubborn Biden dismisses calls to quit

WASHINGTON: Joe Biden fended off questions about his mental fitness and electability on Friday in a TV interview...

Published 07 Jul, 2024 03:08am

PCB BoGs approves budget estimates for 2024-25

LAHORE: The Board of Governors of the Pakistan Cricket Board (PCB), which met here on Saturday, accorded approval of...

Published 07 Jul, 2024 03:08am

32nd convention: KU awards 15,341 degrees

KARACHI: The 32nd Convocation of the University of Karachi was held at the Expo Centre on Saturday. The Governor...

Published 07 Jul, 2024 03:08am

New party ‘Awaam Pakistan’ launched

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) former leaders Shahid Khaqan Abbasi and Miftah Ismail on Saturday...

Published 07 Jul, 2024 03:08am

PTI leader granted bail

ISLAMABAD: A local court on Saturday granted bail to Pakistan Tehreek-e-Insaf (PTI) leader Aamir Mughal in the case...

Published 07 Jul, 2024 03:08am

DCs asked to monitor prices of wheat, flour

LAHORE: Chief Secretary Punjab Zahid Akhtar Zaman has directed all the Deputy Commissioners to strictly monitor the...

Published 07 Jul, 2024 03:08am

Lahore receives rain; more showers predicted

LAHORE: Heavy-to-moderate but scattered rain was witnessed in the city on Saturday while Meteorological Department...

Published 07 Jul, 2024 03:08am

The Weather

KARACHI: The weather report on Saturday (July 06, 2024) and the forecast for Sunday (July 07, 2024)....

Published 07 Jul, 2024 03:08am

Energy

April FCA: Nepra gives relief of Rs1.67/unit

KARACHI: The National Electric Power Regulatory Authority (Nepra) has issued its decision regarding the Fuel Charges...

Published 07 Jul, 2024 03:08am

Flour millers to go on strike from 11th

Millers say that tax collection is the duty of the government and not the industry

Updated 07 Jul, 2024 10:12am

President felicitates Pezeshkian

Says both Pakistan and Iran enjoy fraternal ties

Published 07 Jul, 2024 03:08am

Acts of arson: ATC reserves verdict on IK’s bail pleas

Imran's counsel says his client was presently in Adiala Jail and there was no justification for saying that he was absent

Published 07 Jul, 2024 03:08am

Ban on pillion riding from 7th to 10th Muharram

A ban has been imposed on pillion riding and all sorts of innovations concerning Processions and Majalis

Published 07 Jul, 2024 03:08am

PIMS directed to complete new emergency dept by Dec

ISLAMABAD: Federal Secretary Ministry of Health Services and Regulations has directed the administration of Pakistan...

Published 07 Jul, 2024 03:08am

Islamabad: alarming rise in crime rate

ISLAMABAD: The incidents of car lifting and robbery have increased manifold in the capital city during the last ...

Published 07 Jul, 2024 03:08am

PTI postpones rally, says event to take place after Ashura

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) has announced the postponement of its scheduled rally in Tarnool after the...

Published 07 Jul, 2024 03:08am

Nawaz calls for joint efforts to root out terrorism

ISLAMABAD: Pakistan Muslim League-Nawaz president Nawaz Sharif on Saturday called for supporting the armed forces ...

Published 07 Jul, 2024 03:08am

Dar chairs meeting to set CCI agenda

ISLAMABAD: Deputy Prime Minister and Foreign Minister, Senator Ishaq Dar, on Saturday, chaired a meeting of the...

Published 07 Jul, 2024 03:08am

Six held for producing fake beverages

LAHORE: In the ongoing operation against the adulteration mafia, the Punjab Food Authority (PFA) unearthed beverages...

Published 07 Jul, 2024 03:08am

Energy

Wapda terms FY23-24 ‘better year’ for low-cost hydel electricity

LAHORE: Fiscal year 2023-24, ended on June 30, proved a better year for green, clean and low-cost hydel electricity...

Published 07 Jul, 2024 03:08am

Maryam approves ‘Punjab Honahar Merit Scholarship Programme’

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif, while according approval to the ‘Punjab Honahar Merit...

Published 07 Jul, 2024 03:08am

First-ever HCRP: CM heaps praise on Gambat Institute team

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has expressed his appreciation for the Gambat Institute team for...

Published 07 Jul, 2024 03:08am

‘Today no one can shut down this city’: Karachi mayor

KARACHI: Mayor Karachi Barrister Murtaza Wahab has said that Mustafa Kamal talks about uniting hearts one day and...

Published 07 Jul, 2024 03:08am

Met Office predicts flooding, landslides

KARACHI: The Met Office on Saturday again issued a warning on rains related dangers of flooding and landslides, ...

Published 07 Jul, 2024 03:08am

Energy

UBG leader says concerned at hike in energy tariffs

KARACHI: SM Tanveer, the patron of the United Business Group (UBG) has expressed grave concerns over the...

Published 07 Jul, 2024 03:08am

SIUT celebrates culmination of its Volunteer Programme

KARACHI: The Sindh Institute of Urology & Transplantation (SIUT) recently celebrated the culmination of its...

Published 07 Jul, 2024 03:08am

Business & politics: highly questionable relationship

States are run on compassion not commissions and kickbacks. People come before profits. Businesses must be...

Published 07 Jul, 2024 03:08am

Letters

Putting national security above politics

The Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan seems to have checkmated his opponents as he has...

Published 07 Jul, 2024 03:08am

Energy

Power Div announces revised tariff for domestic consumers

ISLAMABAD: After the federal government’s decision to increase the electricity tariff, the Power Division ...

Published 07 Jul, 2024 03:08am

Energy

US natural gas prices drop

NEW YORK: US natural gas futures slipped over 4% to a seven-week low on Friday, as rising output and ample gas ...

Published 07 Jul, 2024 03:08am

Energy

Oil prices lower

HOUSTON: Oil prices settled lower on Friday as the rising possibility of a ceasefire deal in Gaza outweighed strong...

Published 07 Jul, 2024 03:08am

Cotton & Textile

World market price for upland cotton

NEW YORK: The US Agriculture Department set the prevailing world market price for upland cotton at 57.80 cents per...

Published 07 Jul, 2024 03:08am

Commodities

US wheat futures up on strengthening demand

CHICAGO: Chicago Board of Trade wheat futures spiked on Friday amid an uptick in demand for US wheat due to a weaker...

Published 07 Jul, 2024 03:08am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (July 06, 2024)...

Published 07 Jul, 2024 03:08am

Cotton & Textile

Upward march continue on cotton market

LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Saturday increased the spot rate by Rs 2,00 per...

Published 07 Jul, 2024 03:08am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (July 06, 2024). ======================================= Offset...

Published 07 Jul, 2024 03:08am

Turnover tax on petroleum dealers reversed

KARACHI: The Reforms Group of the Pakistan Petroleum Dealers Association (PPDA) has successfully convinced the...

Updated 07 Jul, 2024 11:11pm

Saudi Group acquires majority stake in Shell Pakistan

ISLAMABAD: Saudi Group Asyad Holding through UAE-based Wafi Energy Holding Limited has acquired 77.42 percent...

Updated 07 Jul, 2024 08:26pm

Security of Chinese citizens: PM orders setting up of safe cities at Dasu, Diamer Bhasha

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Water and Power Development Author (WAPDA) to establish...

Updated 07 Jul, 2024 08:27pm

Policy rate might see a gradual decrease: Aurangzeb

LAHORE: Federal Minister of Finance and Revenue, Senator Muhammad Aurangzeb on Saturday said there is a possibility...

Updated 07 Jul, 2024 09:58am

Oil, gas firms say will invest $5bn in 3 years

Premier says production from local reserves will save valuable foreign exchange for the country

Updated 07 Jul, 2024 10:55pm

FIA cannot freeze bank accounts without court permission: LHC

LAHORE: The Lahore High Court has held that the Federal Investigation Agency (FIA) cannot arbitrarily freeze bank...

Updated 07 Jul, 2024 09:59am

Recoveries, theft control: Govt to establish Disco support units

ISLAMABAD: The government is all set to establish Disco Support Units (DSUs), initially in Multan Electric Power...

Updated 07 Jul, 2024 10:07am

Huge recoveries: NA Speaker writes to PM to settle audit paras

ISLAMABAD: National Assembly Speaker Sardar Ayaz Sadiq has sought Prime Minister Shehbaz Sharif’s support to compel...

Updated 07 Jul, 2024 10:09am

Aurangzeb greets Rachel Reeves

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, extended his heartfelt...

Published 07 Jul, 2024 03:08am

CCP probe recommends action against deceptive marketing campaigns

ISLAMABAD: The Competition Commission of Pakistan (CCP) has declared that the effects of deceptive marketing...

Updated 07 Jul, 2024 10:09am

Inflated power bills: PM orders action against errant officials

ISLAMABAD: Prime Minister Shehbaz Sharif has directed that action should be taken against the officers and officials...

Updated 07 Jul, 2024 10:10am

Sec 132(3) of IT Ord: Willful delay in tax-related cases to cost CTO dearly

ISLAMABAD: The federal government may pay a cost of Rs.400,000 for delaying the tax-related cases pending before...

Updated 07 Jul, 2024 10:10am

Industry

LCCI President for unity to fight economic issues

LAHORE: The President of the Lahore Chamber of Commerce and Industry Kashif Anwar on Saturday called for unity to...

Published 07 Jul, 2024 03:08am

Commodities

Gold prices soar

KARACHI: The local gold prices on Saturday saw huge gains as the global bullion value is hovering near $2400 an...

Published 07 Jul, 2024 03:08am

Industry

Electricity tariff hike: PBF urges govt to cancel all agreements with IPPs

KARACHI: President, Pakistan Business Forum (PBF) Khawaja Mehboob ur Rehman has called the federal government to...

Published 07 Jul, 2024 03:08am

Money & Banking

SAFCO Microfinance provides Islamic financing to 100 customers

HYDERABAD: SAFCO Microfinance Company has achieved its 1st milestone of Disbursement of 100 Customers with Shariah...

Published 07 Jul, 2024 03:08am

Industry

Envoy urges KP businessmen to make investment in Philippines

PESHAWAR: Ambassador of Republic of Philippines to Pakistan, Maria Agnes M Cervantes said her country gave much...

Published 07 Jul, 2024 03:08am

Journalists under fire

EDITORIAL: Media persons all across this country face a wide range of dangers, including intimidation, assault,...

Published 07 Jul, 2024 03:08am

Same old monsoon story

EDITORIAL: Every monsoon brings the same spectacle of national and provincial disaster management authorities...

Published 07 Jul, 2024 03:08am

Agriculture emergency?

EDITORIAL: Once again agri sector experts have warned as loudly as they could that climate change is taking such a...

Published 07 Jul, 2024 03:08am

Fuel price hike causes increase in prices of essential kitchen items

ISLAMABAD: The prices of essential kitchen items have increased during this week past against previous week, ...

Published 07 Jul, 2024 03:08am

Commodities

Malaysian palm oil futures higher

JAKARTA: Malaysian palm oil futures closed with their best week in five, even as prices fell on Friday as traders...

Published 07 Jul, 2024 03:08am

Commodities

Copper climbs on interest rate hopes

LONDON: Copper prices in London hit their highest in more than three weeks on Friday, on course for the first weekly...

Published 07 Jul, 2024 03:08am

Commodities

Iron ore falls on profit-taking

BEIJING: Iron ore futures retreated on Friday as falling hot metal output weighed on sentiment, but prices were ...

Published 07 Jul, 2024 03:08am

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR6.209 billion...

Published 07 Jul, 2024 03:08am

Commodities

Japanese rubber futures slide

SINGAPORE: Japanese rubber futures slid to a seven-week low on Friday, as traders booked profits from recent gains...

Published 07 Jul, 2024 03:08am

Commodities

EU wheat ends week higher, boosted by demand and crop concerns

PARIS: European milling wheat futures rose on Friday, scoring a second consecutive weekly rise, buoyed by strong...

Published 07 Jul, 2024 03:08am

Commodities

Gold prices rise to over one-month high after US jobs report

BENGALURU: Gold prices extended gains on Friday to their highest level in over a month following key US jobs data...

Published 07 Jul, 2024 03:08am

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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