News Archives for Print - 2024-07-31

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Print - 2024-07-31

The Weather

KARACHI: The weather report on Tuesday (July 30, 2024) and the forecast for Wednesday (July 31, 2024)...

Published 31 Jul, 2024 07:42am

Turkish Navy Ship arrives on goodwill visit

KARACHI: Turkish Navy Ship TCG KINALIADA (F-514) arrived Karachi for a good will visit. The ship was received by...

Published 31 Jul, 2024 07:42am

Monsoon rains: PM directs NDMA to step up efforts

ISLAMABAD: Prime Minister Shehbaz Sharif has directed Chairman National Disaster Management Authority Lt Gen Inam...

Published 31 Jul, 2024 07:42am

Heavy rains play havoc with AJK, KP areas

ISLAMABAD: Heavy rains triggered by monsoon currents have caused serious damages to the roads and other...

Published 31 Jul, 2024 07:42am

More rains likely

KARACHI: The megacity received on Tuesday sporadic monsoon rain with more chances for another Wednesday morning, the...

Published 31 Jul, 2024 07:42am

MAJU hosts 11th convocation

KARACHI: Mohammad Ali Jinnah University (MAJU) hosted its 11th conference recently at the Expo Centre. Governor of...

Published 31 Jul, 2024 07:42am

Dar visits Tehran

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar visited Tehran on Tuesday to attend the investiture...

Published 31 Jul, 2024 07:42am

JI decides to organise sit-in outside Sindh governor’s house

ISLAMABAD: Jamaat-e-Islami (JI) Pakistan chief Hafiz Naeemur Rehman, Tuesday, while announcing to extend protest,...

Published 31 Jul, 2024 07:42am

Missing persons: IHC seeks report from ISI-MI-IB committee

ISLAMABAD: The Islamabad High Court (IHC), Tuesday, sought a report from the committee of officers of the three...

Published 31 Jul, 2024 07:42am

Tarar steps up criticism of IK

ISLAMABAD: Federal Minister for Information and Broadcasting Attaullah Tarar, on Tuesday, expressed serious concerns...

Published 31 Jul, 2024 07:42am

Blasphemy-related case: Lawmakers demand CJP revisit his ruling

ISLAMABAD: The lawmakers in National Assembly, on Tuesday, strongly protested against the Chief Justice of Pakistan...

Published 31 Jul, 2024 07:42am

11 members of a family drowned in flooded basement

PESHAWAR: Eleven members of the same family drowned as rain water flooded the basement of their house at Old Bazid...

Published 31 Jul, 2024 07:42am

Adopting AI innovations a must for development, prosperity: NA speaker

ISLAMABAD: Speaker of National Assembly Sardar Ayaz Sadiq said that this is an era of Artificial Intelligence and...

Published 31 Jul, 2024 07:42am

Ahsan directs CDA chief to initiate vertical housing projects

ISLAMABAD: In a significant move towards sustainable urban development, Federal Minister for Planning, Development,...

Published 31 Jul, 2024 07:42am

Ahsan for comprehensive roadmap to cooperate with Russia

ISLAMABAD: A high-level meeting discussed cooperation of Russia with Pakistan on a master energy plan, refining...

Published 31 Jul, 2024 07:42am

Bilawal pays tributes to Madar-e-Millat on birth anniversary

KARACHI: Chairman of Pakistan People’s Party (PPP) Bilawal Bhutto Zardari has paid rich tribute to Madar-e-Millat...

Published 31 Jul, 2024 07:42am

Bushra is suspect in 11 cases, police tells IHC

ISLAMABAD: The Rawalpindi police, Tuesday, presented its detailed reports in the Islamabad High Court (IHC), saying...

Published 31 Jul, 2024 07:42am

CDA plans world-class safari park with FCDO help

ISLAMABAD: The Capital Development Authority (CDA) has announced plans to establish a world-class safari park in...

Published 31 Jul, 2024 07:42am

KP to equip 2000 women with digital technological skills

PESHAWAR: The provincial government of Khyber Pakhtunkhwa with the assistance of TVET Sector Support Programme would...

Published 31 Jul, 2024 07:39am

LHC disposes plea

LAHORE: The Lahore High Court on Tuesday disposed a petition filed for the recovery of the alleged abducted general...

Published 31 Jul, 2024 07:37am

Independent Power Producers: PML-N accused of trapping country through ‘unfavourable’ deals

ISLAMABAD: The opposition leader in the National Assembly Omar Ayub accused the ruling Pakistan Muslim League-Nawaz...

Published 31 Jul, 2024 07:36am

Reforms stressed in education, healthcare

ISLAMABAD: Former finance minister of Khyber-Pakhtunkhwa (KPK) Taimur Saleem Khan Jhagra, Tuesday, while stressing...

Published 31 Jul, 2024 07:35am

SAU conducts successful entry test for postgraduate programmes

HYDERABAD: Sindh Agriculture University Tandojam successfully conducted an entry test for its postgraduate degree...

Published 31 Jul, 2024 07:34am

SAU, Chinese Academy of Agricultural Sciences sign MoUs

HYDERABAD: Sindh Agriculture University (SAU), Tandojam, and the Research Institute of Pomology, Chinese Academy of...

Published 31 Jul, 2024 07:32am

SSGC disconnects 858 illegal connections

KARACHI: In it’s attempt to provide uninterrupted gas to it’s customers in the franchise areas of Sindh and...

Published 31 Jul, 2024 07:30am

Pakistan’s healthcare sector struggling with R&D deficiencies, medicine shortages

KARACHI: Pakistan’s healthcare sector is facing severe challenges due to a lack of research and development...

Updated 31 Jul, 2024 09:53am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (July 30, 2024). ==================================== BR...

Published 31 Jul, 2024 06:50am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Tuesday (July 30, 2024). ======================================= Offset...

Published 31 Jul, 2024 06:50am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 30, 2024)....

Published 31 Jul, 2024 06:50am

Stocks

Indian shares close flat as profit-booking continues

BENGALURU: Indian shares closed flat on Tuesday as investors continued to sell on profit with the benchmarks near...

Published 31 Jul, 2024 06:50am

Stocks

China stocks extend losses as investors access economic outlook

HONG KONG: China’s blue-chip stocks retreated for a second straight day on Tuesday, and Hong Kong shares dropped,...

Published 31 Jul, 2024 06:50am

Stocks

Europe’s STOXX 600 gains as earnings flourish

PARIS: European shares closed higher on Tuesday, boosted by earnings-driven gains across several pockets of the...

Published 31 Jul, 2024 06:50am

Stocks

Nasdaq slumps as megacaps, chips fall ahead of results

NEW YORK: The Nasdaq dropped 1% on Tuesday as chip and megacap shares took a hit ahead of Big Tech earnings, while...

Published 31 Jul, 2024 06:50am

Rates

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 79,551 tonnes of cargo comprising 62,813 tonnes of import cargo and 16,738...

Published 31 Jul, 2024 06:50am

Muslim world should also introduce the concept of ‘Citizen Soldiers’?

“The highest obligation and privilege of citizenship is that of bearing arms for one’s country.”—General...

Updated 31 Jul, 2024 07:23am

Policy roundtable on cyber security held

ISLAMABAD: Khawaja Mohammad Ali, Chief Information Security Officer, National Bank of Pakistan and Cyber Warfare...

Published 31 Jul, 2024 06:50am

Letters

‘A fragile balance of payments’

This is apropos a Business Recorder op-ed “A fragile balance of payments” by noted economist Dr Hafiz A. Pasha...

Published 31 Jul, 2024 06:50am

Chinese leaders pledge to tilt stimulus towards consumers

BEIJING: Chinese leaders signalled on Tuesday that the stimulus measures needed to reach this year’s economic...

Published 31 Jul, 2024 06:50am

Israel, Hezbollah exchange fire amid calls for restraint

JERUSALEM: Israel and Hezbollah exchanged deadly fire on Tuesday, following a rocket attack from Lebanon on the ...

Published 31 Jul, 2024 06:50am

Fresh protests loom in Venezuela in wake of disputed vote

CARACAS: New demonstrations were expected in Venezuela on Tuesday, after four people died and dozens were injured...

Published 31 Jul, 2024 06:50am

Russia opens 2024 Arctic route for shipping Urals crude to Asia

MOSCOW: Russian shipping company Sovcomflot has started this year’s transportation of Urals crude oil to Asia via...

Published 31 Jul, 2024 06:50am

Iran’s president Pezeshkian sworn in at parliament

TEHRAN: Iranian reformist president Masoud Pezeshkian was sworn before parliament on Tuesday as the Islamic...

Published 31 Jul, 2024 06:50am

Third child dies as knife attack plunges UK into grief

SOUTHPORT (United Kingdom): A third child died Tuesday from a mass stabbing at a Taylor Swift-themed dance event in...

Published 31 Jul, 2024 06:50am

PARTLY FACETIOUS: How Naqvi can retain his position as Chairman PCB in spite of humiliating defeat

of our team? “Where is The Rana?” “The Rana?” “Our home-grown…” “Don’t say drug lord, for that was so wrongly...

Published 31 Jul, 2024 06:50am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (July 30, 2024)...

Published 31 Jul, 2024 06:50am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (July 30, 2024)....

Published 31 Jul, 2024 06:50am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Tuesday (July 30, 2024). ======================== Open Bid Rs 278.66...

Published 31 Jul, 2024 06:50am

Forex

Open market rates of foreign currencies

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

Published 31 Jul, 2024 06:50am

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 31 Jul, 2024 06:50am

Industry

Readability, standardize insurers’ values: SECP issues revised illustration format

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a revised illustration format to...

Published 31 Jul, 2024 06:50am

Money & Banking

Asian currencies struggle for direction

BENGALURU: South Korea and Taiwan stocks fell more than 1% each on Tuesday, leading declines across Asia’s ...

Published 31 Jul, 2024 06:50am

Money & Banking

Yen weakens before BOJ rate decision

NEW YORK: The Japanese yen weakened on Tuesday before the Bank of Japan’s decision on whether to hike rates while...

Published 31 Jul, 2024 06:50am

Money & Banking

Indian rupee ends flat

MUMBAI: The Indian rupee closed flat on Tuesday after lingering in a tight band through the day’s session as...

Published 31 Jul, 2024 06:50am

Cotton & Textile

Spot rate gains Rs200 per maund

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Tuesday increased the spot rate by Rs...

Published 31 Jul, 2024 06:50am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday, (July 30, 2024)...

Published 31 Jul, 2024 06:50am

Commodities

Gold prices firm on rate cut hopes

BENGALURU: Gold prices edged higher on Tuesday as investors remained optimistic that the US Federal Reserve could...

Published 31 Jul, 2024 06:50am

Energy

Oil prices slide to 7-week low as China concerns weigh

NEW YORK: Oil prices slid about 1% to a seven-week low on Tuesday on worries about weaker demand from China and a...

Published 31 Jul, 2024 06:50am

Commodities

Malaysian palm oil futures rise

JAKARTA: Malaysian palm oil futures rose on Tuesday, supported by a stronger palm oil contract on the Dalian...

Published 31 Jul, 2024 06:50am

Commodities

PMEX daily trading report

KARACHI: On Monday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 23.502 billion...

Published 31 Jul, 2024 06:50am

Commodities

Iron ore retreats further

SINGAPORE: Iron ore futures retreated further on Tuesday as the outcome of China’s key Politburo meeting and the...

Published 31 Jul, 2024 06:50am

Commodities

Japanese rubber futures drop

SINGAPORE: Japanese rubber futures extended losses on Tuesday, tracking softer synthetic rubber prices, while...

Published 31 Jul, 2024 06:50am

Commodities

Chicago soybean tumbles

CHICAGO: Chicago soybean prices plunged on Monday to the lowest since October 2020, as forecasts for rain in the US...

Published 31 Jul, 2024 06:50am

Commodities

Aluminium hits 5-month low, copper down on risk-off sentiment

LONDON: Aluminium prices hit the lowest in almost five months and copper fell in London on Tuesday as concerns about...

Published 31 Jul, 2024 06:50am

Energy

US natgas prices slide on rising output, lower demand forecasts

NEW YORK: US natural gas futures slid about 2% on Tuesday on rising output and forecasts for lower demand over the...

Published 31 Jul, 2024 06:50am

Money & Banking

ICMA advocates further cut in interest rate

KARACHI: The Institute of Cost and Management Accountants (ICMA) has welcomed the recent decision by the State Bank...

Published 31 Jul, 2024 06:50am

MENA

Dubai shows strongest rental growth in first half of 2024: Savills

Dubai led a list of 30 markets that had the strongest rental growth during the first half of 2024, underscoring the...

Updated 31 Jul, 2024 03:41pm

Commodities

Gold prices fall sharply

KARACHI: The local gold market on Tuesday saw a dip with the global bullion value inching down, traders said. Gold...

Published 31 Jul, 2024 06:50am

Companies

BoK, Abasin Art Council host award- distribution ceremony

PESHAWAR: Bank of Khyber (BoK), in collaboration with the Abasin Art Council, hosted an Award Distribution ceremony...

Published 31 Jul, 2024 06:50am

UK experts give training on ‘modern slavery, trafficking’

ISLAMABAD: The UK Border Force’s “Modern Slavery and Human Trafficking Teams” visited Pakistan to deliver...

Published 31 Jul, 2024 06:40am

Climate change, education, parliamentary exchanges: Zardari for stronger cooperation with Commonwealth

ISLAMABAD: President Asif Ali Zardari has emphasised the need for stronger cooperation with the Commonwealth in ...

Published 31 Jul, 2024 06:40am

PDWP approves 9 uplift schemes worth Rs50bn

LAHORE: The Punjab government has approved nine development schemes worth more than Rs50 billions on Tuesday. The...

Published 31 Jul, 2024 06:40am

ATC issues notices on IK bail pleas

LAHORE: An Anti Terrorism Court (ATC) on Tuesday issued notices to the prosecution and the police for August 06 on...

Published 31 Jul, 2024 06:40am

Minister takes strong exception to IK’s remarks against Maryam

LAHORE: Taking strong exception over Imran’s remarks against Maryam Nawaz Information Minister Punjab Azma Bokhari...

Published 31 Jul, 2024 06:40am

‘CM Punjab Climate Leadership Development, Internship Programme’ approved by cabinet

LAHORE: The Punjab cabinet, which met here on Tuesday with Chief Minister Maryam Nawaz Sharif in the chair, accorded...

Published 31 Jul, 2024 06:40am

Waqar Younis may get key role in PCB

LAHORE: Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi is learnt to have decided to entrust important...

Published 31 Jul, 2024 06:40am

South Asia

Landslides after heavy rain in Kerala kill 106

KOCHI, (India): Landslides swept through tea estates and villages in southern India’s Kerala on Tuesday, killing ...

Published 31 Jul, 2024 06:40am

South Asia

Taliban cut ties with Afghan embassies loyal to former govt

KABUL: The Taliban government has severed consular ties with swathes of Afghan embassies in Western countries, Kabul...

Published 31 Jul, 2024 06:40am

Europe

Hungary accuses EU of blackmail over blocked oil supplies

BUDAPEST: Hungary’s foreign minister on Tuesday accused the European Commission of blackmail in a dispute over...

Published 31 Jul, 2024 06:40am

Petroleum products into sales Tax exemption: Change of status of zero-rating to benefit FBR worth Rs20bn

ISLAMABAD: The change of status of zero-rating of petroleum products into sales tax exemption would benefit Federal...

Published 31 Jul, 2024 06:40am

Industry

KDA announces new industrial zone at Surjani

KARACHI: Syed Shujaat Hussain, Director General of the Karachi Development Authority (KDA) has announced the...

Published 31 Jul, 2024 06:40am

Industry

Pakistan, Sri Lanka BPC discuss trade, economic cooperation

ISLAMABAD: Pakistan and Sri Lanka have decided to explore new opportunities for cooperation in the fields of...

Published 31 Jul, 2024 06:40am

Trouble in Kurram

EDITORIAL: For several days Kurram district of Khyber Pakhtunkhwa has been mired in violence, claiming at least 35...

Published 31 Jul, 2024 06:40am

Economy remains in the eye of the storm

EDITORIAL: From a macro-perspective there was good news, however slight it maybe for the growing number of sceptics...

Published 31 Jul, 2024 06:40am

Enough is enough!

Overwhelmed by the relentless surge in electricity costs, Pakistan’s business community is at its wits’ end....

Published 31 Jul, 2024 06:40am

Enigma of assessing attitudes

She is a whiner. He is shirker. Never reaches on time. Has an excuse for everything; is rude; is mocking; is...

Published 31 Jul, 2024 06:40am

Telecom co ‘fails’ to prove deductible expenses exceeding its taxable income

LAHORE: A telecom company has failed to establish that its deductible expenses exceeded its taxable income, said...

Published 31 Jul, 2024 06:40am

Effective wheat procurement system: UAF’s scientists developing policy recommendations

FAISALABAD: University of Agriculture, Faisalabad’s scientists are developing policy recommendations for effective...

Published 31 Jul, 2024 06:40am

Movies & Music

Warner Music, Giraffe releasing ‘Teri Galli’

LAHORE: Warner Music South Asia, in partnership with Giraffe, Pakistan’s leading music and audio production...

Published 31 Jul, 2024 06:40am

39 die, 113 hurt due to rains in July: PDMA

LAHORE: As many as 39 people were killed and 113 were injured due to the rains in the month of July while 6 people...

Published 31 Jul, 2024 06:40am

CG explains China-Pakistan bilateral relationship

KARACHI: The Consul General of China in Karachi Yang Yundong has said China firmly supports Pakistan in defending ...

Published 31 Jul, 2024 06:40am

Cut in interest rate termed ‘insignificant’

Money & Banking

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Mar 28	149.88
USD to Swiss Franc / Mar 28	0.88
Pound Sterling to USD / Mar 28	1.29
Euro to USD / Mar 28	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
India Sensex / Mar 28	77,414.92
Tokyo Nikkei / Mar 28	37,120.33
Nasdaq / Mar 28	17,322.99
Hang Seng / Mar 28	23,426.60
FTSE 100 / Mar 28	8,658.85
Dow Jones / Mar 28	41,583.90
Germany DAX 30 / Mar 28	22,461.52
France CAC40 / Mar 28	7,916.08

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Crude Oil USD/Barrel / Mar 28	69.10
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Gold Spot USD/Ounce / Mar 28	3,117.20
Cotton US¢/pound / Mar 28	66.90
Petrol/Litre / Mar 29	255.63
Diesel/Litre / Mar 29	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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