News Archives for Print - 2024-07-13

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Print - 2024-07-13

South Asia

India announces ‘Murder of Constitution Day’ remembrance

NEW DELHI: India said Friday it would hold an annual “Murder of the Constitution Day” from next year,...

Published 13 Jul, 2024 07:28am

Companies

DHCL, ECPL, DHPL: CCP approves merger for capital allocation, resilience portfolio

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved a merger for capital allocation and resilience...

Published 13 Jul, 2024 07:24am

Stocks

Ijarah Sukuk: PSX inducts Meezan Bank as first market maker

KARACHI: Pakistan Stock Exchange (PSX) on Friday announced the induction of Meezan Bank as the first market maker ...

Published 13 Jul, 2024 07:21am

Iran demands US pay $6.8bn for sanctions impact on patients

TEHRAN: An Iranian court has ordered the United States to pay almost $6.8 billion in damages for the effect of...

Published 13 Jul, 2024 07:18am

Lahore faces urban flooding

LAHORE: A record of last 30 years was broken on Friday when the city of Lahore witnessed 315 millimeter. The city ...

Published 13 Jul, 2024 07:17am

Justice Farooq refers plea to LHC CJ

LAHORE: Justice Farooq Haider of the Lahore High Court on Friday referred a petition to Chief Justice for its...

Published 13 Jul, 2024 07:15am

Governor pays a visit to Bibi Pak Daman

LAHORE: Governor Punjab Sardar Saleem Haider Khan Friday visited Darbar Bibi Pak Daman where he offered special...

Published 13 Jul, 2024 07:14am

South Asia

Congress asks Modi to tax billionaires more

NEW DELHI: India’s main opposition Congress party asked Prime Minister Narendra Modi on Friday to impose an...

Published 13 Jul, 2024 06:54am

Weekly SPI inflation up 0.11pc

ISLAMABAD: The Sensitive Price Index (SPI)-based inflation for the week ended July 11, 2024, increased by 0.11 per...

Published 13 Jul, 2024 06:47am

PTI demands resignations of CEC

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) has demanded that Chief Election Commissioner Sikandar Sultan Raja be ...

Published 13 Jul, 2024 06:44am

PTI entitled to reserved seats: SC

ISLAMABAD: The Supreme Court’s 11 judges ruled that Pakistan Tehreek-e-Insaf (PTI) is a political party and is...

Published 13 Jul, 2024 06:44am

No threat to govt after ruling: minister

ISLAMABAD: Federal Minister for Law and Justice Azam Nazeer Tarar Friday said that the Supreme Court decision to ...

Published 13 Jul, 2024 06:34am

BII Board evinces interest in power transmission system

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb was called on by a delegation from...

Published 13 Jul, 2024 06:31am

Commodities

Ban imposed on import of wheat

ISLAMABAD: Federal Government has imposed ban on import of wheat. In an SRO issued on Friday Commerce Ministry has...

Published 13 Jul, 2024 06:27am

Red-ball matches in Australia: Sahibzada Farhan to lead Pakistan Shaheens

LAHORE: The right-handed batter Sahibzada Farhan has been named captain of Pakistan Shaheens for two four-day ...

Published 13 Jul, 2024 06:13am

Four-day leadership workshop on climate change concludes

HYDERABAD: Climate change is inevitable, and its adverse impacts on lives are evident. Changing lifestyles and...

Published 13 Jul, 2024 06:13am

Russia’s pullout from Ukraine nuclear plant: Pakistan remains abstain from UNGA vote

NEW YORK: With Pakistan abstaining, the United Nations General Assembly voted to demand that Russia “urgently...

Published 13 Jul, 2024 06:13am

Aliyev, Zardari for expanding bilateral trade

ISLAMABAD: The signing of Memoranda of Understanding (MoUs) between Pakistan and Azerbaijan would give a new impetus...

Published 13 Jul, 2024 06:13am

PDWP approves 23 schemes worth Rs46bn

LAHORE: The Provincial Development Working Party (PDWP) on Friday approved 23 development schemes for irrigation and...

Published 13 Jul, 2024 06:13am

From planning to end of contract: Procurement only through E-PADS, ministries told

ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) has asked all the ministries and their attached...

Published 13 Jul, 2024 06:13am

Reserved seats: PPP says it’s ‘ambiguous’ verdict

KARACHI: Senior Minister of Sindh Sharjeel Inam Memon has said that the Pakistan People’s Party (PPP) respects...

Published 13 Jul, 2024 06:13am

Indonesian CG praises products being manufactured in Karachi

KARACHI: Consul General of Indonesia Dr. June Kuncoro Hadiningrat, while highly appreciating a wide range of ...

Published 13 Jul, 2024 06:13am

Metro B publications: APNS meeting discusses issues

KARACHI: A meeting of the Metro B Publications Committee of the APNS was held at Islamabad on July 11, 2024, ...

Published 13 Jul, 2024 06:13am

Suspicious email messages: Online users urged to avoid opening links

ISLAMABAD: A global cybersecurity company has strongly recommended Pakistani online users to avoid opening links of...

Published 13 Jul, 2024 06:13am

The Weather

KARACHI: The weather report on Friday (July 12, 2024) and the forecast for Saturday (July 13, 2024)...

Published 13 Jul, 2024 06:13am

Rates

PSX declines on SC verdict

KARACHI: Pakistan Stock Exchange on Friday witnessed a highly volatile session, as after positive opening, the ...

Published 13 Jul, 2024 06:13am

First breast milk bank opposed by clerics

KARACHI: A hospital that launched the first breast milk bank for premature babies in Pakistan is negotiating for it...

Published 13 Jul, 2024 06:13am

Pakistan, Azerbaijan agree to enhance ties: FO

ISLAMABAD: Pakistan and Azerbaijan have agreed to further enhance bilateral trade and investment and to develop...

Updated 13 Jul, 2024 08:51am

Stocks

Sri Lankan shares advance on gains in financials

COLOMBO: Sri Lankan shares closed higher on Friday, lifted by gains in financial and consumer staple stocks. The CSE...

Published 13 Jul, 2024 06:13am

Stocks

Dow hits record high, small caps jump

NEW YORK: The Dow touched a record high on Friday as this year’s lagging stocks gained favor on optimism that the...

Published 13 Jul, 2024 06:13am

Stocks

European shares hit over 1-month high on earnings

PARIS: European shares advanced on Friday and logged their second consecutive weekly gains on upbeat earnings and...

Published 13 Jul, 2024 06:13am

Stocks

China stocks subdued on mixed trade data

SHANGHAI: China stocks were subdued on Friday in line with other Asian markets, with mixed trade data weighing on...

Published 13 Jul, 2024 06:13am

Stocks

Nikkei drops from record peak on chip sell-off

TOKYO: Japan’s Nikkei share average dropped more than 2% on Friday, retreating from the previous session’s ...

Published 13 Jul, 2024 06:13am

UHS to extend BDS programme with new curriculum

LAHORE: The University of Health Sciences (UHS) has accorded in principle approval, to introduce a new modular...

Published 13 Jul, 2024 06:13am

Agri census: Training of Census Master Trainers begins

ISLAMABAD: Pakistan Bureau of Statistics (PBS) is making efforts to conduct the 7th Agricultural Census, the...

Published 13 Jul, 2024 06:13am

Energy

SSGC removes 2,890 illegal connections

KARACHI: Sui Southern Gas Company's Security Services and Counter Gas Theft Operations (SS&CGTO) and Customer...

Published 13 Jul, 2024 06:13am

SSGC announces gas holiday tomorrow

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

Published 13 Jul, 2024 06:13am

‘SC verdict on reserved seats should be reviewed’

ISLAMABAD: Advisor to the Prime Minister on Political Affairs Rana Sanaullah said that the Supreme Court’s verdict...

Published 13 Jul, 2024 06:13am

Promotion of solar energy top priority: PM

ISLAMABAD: Prime Minister Shehbaz Sharif said on Friday that promotion of solar energy in the energy sector is the...

Published 13 Jul, 2024 06:13am

PFD takes possession of 34 acres of forest land in Sialkot

LAHORE: The Punjab Forest Department (PFD) has taken possession of 34 acres of forest land in Sialkot District which...

Published 13 Jul, 2024 06:13am

Cotton & Textile

Cotton growing areas: PAD establishes Kissan Sahulat Centres

LAHORE: The Punjab Agriculture Department (PAD) has established 62 Kissan Sahulat Centers in cotton growing areas of...

Published 13 Jul, 2024 06:13am

Brick kilns: LHC directs Punjab govt to take action

LAHORE: The Lahore High Court on Friday directed the Punjab government to take action against brick kilns who...

Published 13 Jul, 2024 06:13am

Energy

Deadlock between LPGDA and Admin Hyderabad ends

HYDERABAD: Chairman All Pakistan LPG Distribution Association Irfan Khokhar in a press conference along with other...

Published 13 Jul, 2024 06:13am

Rain challenge: CM tells WASA officials there must be no complacency

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif directed the administration and WASA officials to immediately ...

Published 13 Jul, 2024 06:13am

Christian model villages being planned

LAHORE: Provincial Minister for Minority Affairs, Sardar Ramesh Singh Arora Friday held a meeting with the Bishop of...

Published 13 Jul, 2024 06:13am

Arrangements of SCO-CHG moot reviewed

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar on Friday chaired a meeting of the high-level...

Published 13 Jul, 2024 06:13am

Monsoon rains: Sindh govt completes preparations: Arsalan

KARACHI: Sindh Government Spokesman and Mayor of Sukkur, Arsalan islam Sheikh, on Thursday announced that the Sindh...

Published 13 Jul, 2024 06:13am

Senate body for collaborating in reforming ministry, combating corruption

ISLAMABAD: The Senate Standing Committee on Housing and Works urged the need to collaborate in reforming the Housing...

Published 13 Jul, 2024 06:13am

Iddat case: court adjourns hearing till today

ISLAMABAD: The lawyer of the complainant in Iddat case against Pakistan Tehreek-e-Insaf (PTI) Imran Khan and his ...

Published 13 Jul, 2024 06:13am

Bushra’s plea: IHC says ‘right to life does not mean mere existence but means...’

ISLAMABAD: The Islamabad High Court (IHC), Friday, directed the federal government to ensure the safety of life and...

Published 13 Jul, 2024 06:13am

President Qatar S&T Park meets IT minister

ISLAMABAD: President Qatar Science and Technology Park Dr Jack Lau called on Minister of State for IT and...

Published 13 Jul, 2024 06:13am

NDMA predicts rainfall across KP today

ISLAMABAD: The National Disaster Management Authority’s National Emergencies Operation Center anticipated that...

Published 13 Jul, 2024 06:13am

Reserved seats: Fazl accepts, albeit partially, SC verdict

ISLAMABAD: Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman has stated that his party partially accepts...

Published 13 Jul, 2024 06:13am

Cabinet body visits Faisalabad

FAISALABAD: On the mission of establishing peace and order during Muharram, members of the Cabinet Committee for...

Published 13 Jul, 2024 06:13am

‘Do more’, IMF asks Pakistan

The Pakistan budget 2024-25 appears to have largely satisfied the IMF (International Monetary Fund), prompting it to...

Updated 13 Jul, 2024 07:35am

The street vendors

Nearly every household in Karachi has heard this person making the rounds, especially if you are living in apartment...

Updated 13 Jul, 2024 07:43am

Letters

The growing Israeli belligerence

According to media reports, more than 60 media and civil society organizations have signed an open letter urging...

Published 13 Jul, 2024 06:13am

Commodities

Gold prices jump

KARACHI: The local gold prices in Friday saw a big leap with the global bullion value going past $2400 an ounce,...

Published 13 Jul, 2024 06:13am

Cotton & Textile

Selective buying on cotton market

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

Published 13 Jul, 2024 06:13am

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 13 Jul, 2024 06:13am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (July 12,...

Published 13 Jul, 2024 06:13am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (July 12, 2024). ======================== Open Bid Rs...

Published 13 Jul, 2024 06:13am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (July 12, 2024)....

Published 13 Jul, 2024 06:13am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (July 12, 2024). ==================================== BR...

Published 13 Jul, 2024 06:13am

FBR fails to achieve Rs9.4trn collection target

ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs9.3 trillion during the whole fiscal year 2023-24,...

Updated 13 Jul, 2024 10:17pm

Briefing to NA panel: New revenue measures won’t be withdrawn: FBR chief

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Amjed Zubair Tiwana Friday said new revenue measures taken in the...

Updated 13 Jul, 2024 10:19am

Privatisation of 3 electricity distribution cos: Appointment of financial advisor this year

ISLAMABAD: The Senate Standing Committee on Privatization was informed that the appointment of a financial advisor...

Updated 13 Jul, 2024 08:55am

PASSCO privatisation: PM for preparing action plan

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday directed to prepare an action plan regarding the privatisation of...

Updated 13 Jul, 2024 09:50am

Domestic consumers: Hike in power rates up to Rs7.12 notified

ISLAMABAD: The federal government on Friday notified a hike in electricity prices up to Rs 7.12 per unit for...

Updated 13 Jul, 2024 10:32am

To be conducted by PPIB, CPPA-G and Nepra: Govt orders ‘audit’ of agreements with IPPs

ISLAMABAD: Minister for Power Sardar Awais Khan Leghari on Friday ordered the audit of dozens of IPPs (Independent...

Updated 13 Jul, 2024 08:53am

ECP likely to meet next week

ISLAMABAD: The poll body is expected to hold a meeting next week to implement the decision of the Supreme Court in...

Published 13 Jul, 2024 06:13am

Development budget: FD unveils strategy for release of funds

ISLAMABAD: The Finance Division has issued a strategy for release of funds for development budget for financial year...

Updated 13 Jul, 2024 08:51am

MoF issues strategy for release of recurrent budget funds

ISLAMABAD: The Finance Ministry on Friday issued strategy for release of recurrent budget funds for 2024-25 fiscal...

Updated 13 Jul, 2024 09:39am

Islamabad airport outsourcing: Bid submission date extended for two months

ISLAMABAD: The Steering Committee on Outsourcing Airports has allowed extension in the bid submission date for...

Updated 13 Jul, 2024 09:37am

Money & Banking

Yen hits 4-week high against dollar

NEW YORK: The yen hit an almost four-week high against the US dollar on Friday, raising speculation that Japanese...

Published 13 Jul, 2024 06:13am

Money & Banking

Indian rupee ends tad higher

MUMBAI: The Indian rupee edged higher on Friday, aided by a broadly weaker dollar after US inflation data boosted...

Published 13 Jul, 2024 06:13am

Exporters urged to focus on Malawi

KARACHI: Abdullah Zaki, honorary Consul General of Malawi in Pakistan, explained that there is an enormous potential...

Published 13 Jul, 2024 06:13am

Industry

DIOA supports PIAF in LCCI elections

LAHORE: Daroghawala Industry Owners Association Registered (DIOA) has announced to fully support to the PIAF in the...

Published 13 Jul, 2024 06:13am

Companies

Digital payments: Paysys Labs partners with Raqami

KARACHI: Raqami Islamic Digital Bank Pakistan, and Paysys Labs Pvt Ltd, a leading payment technology provider, have...

Published 13 Jul, 2024 06:13am

Tax-to-GDP story

EDITORIAL: Once again the tax-to-GDP ratio for the last fiscal clocked in at nine percent and, typically, once again...

Updated 13 Jul, 2024 07:33am

Justice served

EDITORIAL: The eagerly-awaited verdict of the 13-member Supreme Court bench has declared the Pakistan ...

Published 13 Jul, 2024 06:13am

KATI urges administrations to deal with rain challenge effectively

KARACHI: President of the Korangi Association of Trade and Industry (KATI), Johar Qandhari, has called on local and...

Published 13 Jul, 2024 06:13am

Agriculture and Allied

Climate-resilient agri practices: PFVA signs MoU with CVF-V20 to boost co-op

KARACHI: The All Pakistan Fruit & Vegetable Exporters, Importers & Merchants Association (PFVA) and the...

Updated 13 Jul, 2024 07:52am

Shipping cos to issue DOs on Saturdays for one month

KARACHI: In pursuance of Prime Minister’s recent decision to establish a regulatory authority for shipping sector,...

Published 13 Jul, 2024 06:13am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37
France CAC40 / Dec 17	7,365.70
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	8 ▲ 0.89 (12.52%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Leather Up Ltd. / Dec 18 Leather Up Limited(LEUL)	26.74 ▲ 2.43 (10.00%)
Pak Datacom / Dec 18 Pak Datacom Limited(PAKD)	103.94 ▲ 9.45 (10.00%)
B.R.R. Guardian / Dec 18 B.R.R. Guardian Limited(BRRG)	21.24 ▲ 1.93 (9.99%)

Stock	Price
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Dawood Lawrencepur / Dec 18 Dawood Lawrencepur Limited(DLL)	211.50 ▼ -23.50 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.13
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▼ -0.01
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.45
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.02
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.66
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.18
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.04
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -3.83
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.22

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