News Archives for Print - 2024-08-14

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Print - 2024-08-14

Punjab cabinet approves ‘CM Roshan Gharana Programme’

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

Published 14 Aug, 2024 07:56am

CBD Punjab showcases ‘Nawaz Sharif IT City’ at Times Square

LAHORE: In a historic move coinciding with Pakistan’s Independence Day celebrations, the Central Business District...

Published 14 Aug, 2024 07:54am

Registered persons to get Kissan Card by September

LAHORE: The Punjab government has announced to start supplying “Kissan Card” to those who got themselves...

Published 14 Aug, 2024 07:53am

78th Independence Day: FPCCI holds flag-hoisting ceremony

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) organized a flag-hoisting ceremony and...

Published 14 Aug, 2024 07:51am

Govt advised to fill Tarbela Dam to maximum capacity: PMD dismisses possibility of high flood

LAHORE: The Pakistan Meteorological Department (PMD) has dismissed the possibility of a high flood ahead and advised...

Published 14 Aug, 2024 07:48am

IHC hints at initiating contempt proceedings in missing persons’ case

ISLAMABAD: The Islamabad High Court (IHC) hinted to initiate contempt proceedings against secretaries of Ministry of...

Published 14 Aug, 2024 07:42am

SC urged to set aside IHC’s judgment quashing FIR against Rashid

ISLAMABAD: The Supreme Court has been asked to set aside Islamabad High Court (IHC)’s judgment to quash an FIR...

Published 14 Aug, 2024 07:40am

The Weather

KARACHI: The weather report on Tuesday (August 13, 2024) and the forecast for Wednesday (August 14, 2024)...

Published 14 Aug, 2024 06:40am

30 tons of smuggled auto parts seized

KARACHI: The Enforcement Collectorate’s Anti-Smuggling Organisa-tion (ASO) has seized a substantial quantity of...

Published 14 Aug, 2024 06:40am

Motorcycle and rickshaw drivers: Minister announces free of charge petrol

KARACHI: “On the 78th Independence Day of Pakistan, Federal Minister for Maritime Affairs Qaiser Ahmad Sheikh...

Published 14 Aug, 2024 06:40am

Sindh govt to celebrate Independence Day with enthusiasm: Sharjeel

KARACHI: Sindh’s Senior Minister and Provincial Minister for Information, Transport, Excise, Taxation, and...

Published 14 Aug, 2024 06:40am

Independence Day celebrations at Sindh secretariat, AG office

KARACHI: Sindh Secretariat celebrated Pakistan’s 78th Independence Day with a dignified ceremony, where a smart...

Published 14 Aug, 2024 06:40am

Sindh CS vows full support to polio vaccination drive

KARACHI: As leading paediatricians urged parents to vaccinate their children during the upcoming polio vaccination...

Published 14 Aug, 2024 06:40am

South Asia

Hasina urges supporters to make public show of strength

DHAKA: Ousted Bangladeshi premier Sheikh Hasina on Tuesday asked supporters to make a public show of strength later...

Updated 14 Aug, 2024 08:30am

Iran rejects Western calls to stand down Israel threat

TEHRAN: Iran on Tuesday rejected Western calls to stand down its threat to retaliate against Israel for the killing...

Updated 14 Aug, 2024 08:31am

NA body condemns absence of interior minister

ISLAMABAD: The National Assembly Standing Committee on Interior on Tuesday expressed displeasure over the absence of...

Published 14 Aug, 2024 06:40am

Senate panel for addressing grievances of overseas Pakistanis

ISLAMABAD: Following complaints against problems such as land-grabbing and police corruption in the country by...

Published 14 Aug, 2024 06:40am

CM visits Arshad Nadeem’s home, presents Rs100m cheque, car

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif Tuesday visited javelin star Arshad Nadeem’s hometown at Mian...

Published 14 Aug, 2024 06:40am

Freedom of expression: Constitution also sets clear boundaries: COAS

ISLAMABAD: In a historic address at the Pakistan Military Academy (PMA) Kakul on the occasion of the 77th...

Published 14 Aug, 2024 06:40am

Govt must not renege on its promises, warns JI chief

ISLAMABAD: Jamaat-e-Islami (JI) Chief Hafiz Naeem ur Rehman on Tuesday cautioned the government against reneging on...

Published 14 Aug, 2024 06:40am

ABC holds 2nd ESG awards ceremony

ISLAMABAD: The American Business Council (ABC) of Pakistan held the 2nd Annual Environmental, Social, and Governance...

Published 14 Aug, 2024 06:40am

All-out efforts urged for empowerment of women

ISLAMABAD: An internal conference on gender empowerment for the green economy, Tuesday, while unanimously adopting a...

Published 14 Aug, 2024 06:40am

Democracy, constitutionalism, and equality: Bilawal vows to uphold core principles

ISLAMABAD: On the occasion of Pakistan's Independence Day, Pakistan Peoples Party (PPP) Chairman Bilawal...

Published 14 Aug, 2024 06:40am

CAA announces key appointments

ISLAMABAD: Pakistan Civil Aviation Authority (CAA) has announced key appointments on Tuesday. Deputy Director ...

Published 14 Aug, 2024 06:40am

Shahdara, Chiniot Dams: CDA approves feasibility study for construction

ISLAMABAD: The Capital Development Authority (CDA) has approved a feasibility study to be conducted by WAPDA for the...

Published 14 Aug, 2024 06:40am

Korean envoy informed: Governance, economy and services being digitised

ISLAMABAD: Ambassador of Republic of Korea to Pakistan Park Kijun called on Minister of State for IT and...

Published 14 Aug, 2024 06:40am

77th Independence Day: HCSTSI SVP graces closing ceremony of LASEEFA Open Girls Tape Ball Cricket Tournament

HYDERABAD: Dr Muhammad Ismail Farouk Nami, Senior Vice President, Hyderabad Chamber of Small Traders & Small...

Published 14 Aug, 2024 06:40am

ISSI roundtable evaluates ‘Recent Developments in South Asia’

ISLAMABAD: In the backdrop of far-reaching transformations occurring in South Asia, including recent changes in...

Published 14 Aug, 2024 06:40am

JI urges nation to work for strengthening country

KARACHI: Hafiz Naeemur Rehman, the Central Chief of Jamaat-e-Islami on Tuesday night urged the nation to remain...

Published 14 Aug, 2024 06:40am

Election (Second Amendment) Act 2024: Justice Sultan recuses himself from petition

LAHORE: Justice Sultan Tanvir Ahmad of the Lahore High Court on Tuesday recused himself from a petition challenging...

Published 14 Aug, 2024 06:40am

Minorities’ delegates meet BISP chief

ISLAMABAD: Members of National Lobbying Delegation for Minority Rights led by Haroon Sarab Diyal met Chairperson...

Published 14 Aug, 2024 06:40am

Need stressed to promote tuna breeding

KARACHI: Advisor to CM on Livestock and Fisheries Syed Najmi Alam has said that we need to breed tuna fish by...

Published 14 Aug, 2024 06:40am

178 killed in flooding and landslides in Pakistan

NEW DELHI: Torrential storms lashing South Asia have killed hundreds of people since June, official data showed...

Published 14 Aug, 2024 06:40am

Voice, SMS: Roaming Services along Markran Coastal Highway launched

ISLAMABAD: The government on Tuesday launched National Roaming Services (voice, SMS) along Markran Coastal Highway...

Published 14 Aug, 2024 06:40am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (August 13, 2024). ==================================== BR...

Published 14 Aug, 2024 06:40am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Tuesday (August 13, 2024). ======================================= Offset...

Published 14 Aug, 2024 06:40am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (August 13, 2024)...

Published 14 Aug, 2024 06:40am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (August 13, 2024)....

Published 14 Aug, 2024 06:40am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (August 13, 2024)....

Published 14 Aug, 2024 06:40am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Tuesday (August 13, 2024). ======================== Open Bid ...

Published 14 Aug, 2024 06:40am

Forex

Open market rates of foreign currencies

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

Published 14 Aug, 2024 06:40am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Tuesday (August 13, 2024). ========================== KIBOR...

Published 14 Aug, 2024 06:40am

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 14 Aug, 2024 06:40am

Rates

LME official prices

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

Published 14 Aug, 2024 06:40am

Energy

Oil falls as attack fears fade

HOUSTON: Brent and US crude oil futures fell more than $1 a barrel on Tuesday as markets saw reduced risk of a wider...

Published 14 Aug, 2024 06:40am

Energy

US natural gas makes gains

NEW YORK: US natural gas futures climbed more 1% to a three-week high on Tuesday, helped by forecasts for hotter...

Published 14 Aug, 2024 06:40am

Rates

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 113,298 tonnes of cargo comprising 96,795 tonnes of import cargo and 16,503...

Published 14 Aug, 2024 06:40am

Stocks

PSX stays bearish

KARACHI: Pakistan Stock Exchange on Tuesday witnessed a mixed trend and after moving in both directions, closed on a...

Published 14 Aug, 2024 06:40am

Stocks

Nikkei surges 3.5pc on return from holiday

TOKYO: Japan’s Nikkei share average surged 3.5% on Tuesday, with tech shares leading the rally as sentiment got a...

Published 14 Aug, 2024 06:40am

Stocks

China stocks seesaw in thin trade

SHANGHAI: China stocks edged up slightly on Tuesday after seesawing in thin trade, with investor sentiment remaining...

Published 14 Aug, 2024 06:40am

Stocks

STOXX 600 hits two-week closing high

FRANKFURT: Europe’s benchmark stock index closed at a near two-week high on Tuesday, as growing hopes of an...

Published 14 Aug, 2024 06:40am

Stocks

US stocks hit near two-week higher

NEW YORK: US stocks hit a near two-week high on Tuesday after a softer producer prices data reinforced bets of an...

Published 14 Aug, 2024 06:40am

Stocks

Sri Lanka shares end higher

BENGALURU: Sri Lankan shares closed higher on Tuesday, led by gains in financial and information technology stocks....

Published 14 Aug, 2024 06:40am

Netanyahu, scripture & the fraternity of imperialist apostles

The hottest places in hell are reserved for those who, in times of great moral crisis, maintain their neutrality.”...

Updated 14 Aug, 2024 07:15am

Letters

The Tajir Dost Scheme: not so encouraging response

That the Tajir Dost Scheme is not attracting a positive response from traders is a fact that has found its best...

Published 14 Aug, 2024 06:40am

Energy

OGDCL starts commercial production of tight gas in Sindh

KARACHI: The Oil and Gas Development Company Limited (OGDCL) on Monday announced the commencement of early ...

Published 14 Aug, 2024 06:40am

Energy

Global oil demand growth slowing: IEA

PARIS: Global oil demand growth slowed in the second quarter of the year, primarily due to softer construction and...

Published 14 Aug, 2024 06:40am

Energy

Gas discovered at Chak 202-1 exploratory well in RYK

ISLAMABAD: OGDCL, the operator of Mari East Exploration License with 100 percent working interest, has discovered...

Published 14 Aug, 2024 06:40am

Energy

Ogra hikes RLNG prices

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Tuesday announced a 3.20 percent increase in the price of...

Published 14 Aug, 2024 06:40am

Energy

Hydropower costlier than wind, solar power, claims study

KARACHI: The cost of hydropower generation is much higher than wind and solar as hydropower generation cost has...

Published 14 Aug, 2024 06:40am

Energy

No new tax will be imposed on electricity bills: minister

KARACHI: Sindh Energy Minister Syed Nasir Hussain Shah has decided to talk to the Federal Government about the...

Published 14 Aug, 2024 06:40am

Speakers call for increased investment in young people

HYDERABAD: On the eve of International Youth Day, Sindh Community Foundation organized a seminar in Garrho, a remote...

Published 14 Aug, 2024 06:40am

SUPARCO holds briefing session

ISLAMABAD: A briefing session was arranged at the Satellite Ground Station and Satellite Control Facility of ...

Published 14 Aug, 2024 06:40am

7th Taekwondo Championship: Zardari congratulates Amir Khan on winning gold medal

ISLAMABAD: President Asif Ali Zardari congratulated Pakistani athlete Amir Khan on winning the gold medal in the 7th...

Published 14 Aug, 2024 06:40am

Nuclear, radioactive materials: Pakistan calls for probe into illicit sale in India: FO

ISLAMABAD: Pakistan expressed its grave concerns over recurring incidents of theft and illicit sale of nuclear and...

Published 14 Aug, 2024 06:40am

NA panel inquires about purpose of SWF

ISLAMABAD: The government has acknowledged that crowding out is a reality because of fiscal house not being in order...

Updated 14 Aug, 2024 10:11am

Cotton & Textile

Spot rate firm ahead of Independence Day holiday

LAHORE: The local cotton market on Tuesday remained steady and the trading volume remained low. Cotton Analyst...

Published 14 Aug, 2024 06:40am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday, (August 13, 2024)...

Published 14 Aug, 2024 06:40am

Commodities

Gold firms as dollar, yields slip after US PPI data

BENGALURU: Gold prices steadied on Tuesday to hover close to an all-time high hit in July, as the dollar and ...

Published 14 Aug, 2024 06:40am

Commodities

Malaysian palm oil slips on weak exports

SINGAPORE: Malaysian palm oil futures closed at their weakest level in more than seven months on Tuesday, hurt by...

Published 14 Aug, 2024 06:40am

Commodities

PMEX daily trading report

KARACHI: On Monday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR18.954 billion...

Published 14 Aug, 2024 06:40am

Commodities

Iron ore extends fall

BEIJING: Iron ore futures prices fell for a second straight session on Tuesday, as faltering demand amid steel ...

Published 14 Aug, 2024 06:40am

Commodities

Japanese rubber futures up

SINGAPORE: Japanese rubber futures rose for the fifth straight session on Tuesday, tracking higher synthetic rubber...

Published 14 Aug, 2024 06:40am

Commodities

Copper retreats on rising inventories

LONDON: Copper prices pulled back on Tuesday after three sessions of gains, burdened by surging inventories and...

Published 14 Aug, 2024 06:40am

Money & Banking

Asian currencies: Peso rises as rate-cut prospects fade

BENGALURU: The Philippine peso was among the top Asian emerging currencies on Tuesday due to fading chances of an...

Published 14 Aug, 2024 06:40am

Money & Banking

Yen remains weak, dollar slips

NEW YORK: The yen remained weak for a second straight day on Tuesday and the dollar softened against the rest of its...

Published 14 Aug, 2024 06:40am

Commodities

Gold at new highs

KARACHI: The local gold market on Tuesday surged to new highs with the global bullion value rising above $ 2450 an...

Published 14 Aug, 2024 06:40am

MSCI announces results of Quarterly Index Review

KARACHI: MSCI has announced results of its Quarterly Index Review (QIR) on Tuesday and all changes will be effective...

Published 14 Aug, 2024 06:40am

Bangladesh – navigating a perilous path

EDITORIAL: The fallout of the historic events of the last few weeks in Bangladesh continues to reverberate as the...

Updated 14 Aug, 2024 08:24am

Dream that turned into a nightmare

EDITORIAL: So, another year has passed and Pakistan and Pakistanis are no clearer about when all the threats to the...

Published 14 Aug, 2024 06:40am

Industry

Local textile industry facing severe crisis: KCBF chief

LAHORE: The textile industry in Pakistan is facing a severe crisis due to unfavourable weather conditions, decreased...

Published 14 Aug, 2024 06:40am

Engineering community: Engr Ahsan vows to bring about positive changes

LAHORE: Engr. Ahsan Anwar, Vice President of National Engineering Services Pakistan (NESPAK), has vowed to bring...

Published 14 Aug, 2024 06:40am

‘Privatisation of loss-making institutions to lessen burden on the national exchequer’

LAHORE: Federal Minister for Privatization, Board of Investment and Communication Abdul Aleem Khan said on Tuesday...

Published 14 Aug, 2024 06:40am

CDWP approves six uplift projects worth Rs16bn

ISLAMABAD: The Central Development Working Party (CDWP) approved six development projects at cost of Rs16 billion ...

Published 14 Aug, 2024 06:40am

Industry

‘Current power price harmful for production, business, exports’

KARACHI: The Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President Pakistan...

Published 14 Aug, 2024 06:40am

Taxes

Non-filers, tax evaders: Data sharing among key stakeholders under way: McKinsey

ISLAMABAD: The global consulting firm, McKinsey & Company Tuesday informed that data sharing among key...

Published 14 Aug, 2024 06:40am

Industry

Chamber-to-chamber linkages: ‘FPCCI to facilitate, investment, JVs with Rwanda’

KARACHI: Aman Paracha, Vice President FPCCI, has apprised that FPCCI has had fruitful discussions with Naeemu Ullah...

Published 14 Aug, 2024 06:40am

OGDCL announces discovery of gas condensate in KP

Energy

Nepra says Discos' breach of target contributed around Rs.276 billion to circular debt for the FY 2023-24

Updated 14 Aug, 2024 04:23pm

Companies

CCP approves 100pc acquisition of Sadapay by PPR Holding A S

ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval for the acquisition of 100 percent...

Published 14 Aug, 2024 06:40am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 25	280.52
USD PKR Interbank Buying / Mar 25	280.27
USD to Japanese Yen / Mar 25	150.54
USD to Swiss Franc / Mar 25	0.88
Pound Sterling to USD / Mar 25	1.29
Euro to USD / Mar 25	1.08
UK LIBOR % / Mar 24	4.96

Stock	Volume
S&P 500 / Mar 24	5,767.57
Nasdaq / Mar 24	18,188.59
Dow Jones / Mar 24	42,583.32
India Sensex / Mar 25	78,073.97
Tokyo Nikkei / Mar 25	37,780.54
Hang Seng / Mar 25	23,413.58
FTSE 100 / Mar 25	8,684.09
Germany DAX 30 / Mar 25	22,926.46
France CAC40 / Mar 25	8,073.56

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 24	17,085
Petrol/Litre / Mar 25	255.63
Crude Oil USD/Barrel / Mar 25	69.03
Gold 10 Grams PKR / Mar 25	272,462
Gold Spot USD/Ounce / Mar 25	3,017.31
Diesel/Litre / Mar 25	258.64
Cotton US¢/pound / Mar 25	65.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel Indus.(R) / Mar 25 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	2.01 ▲ 1 (99.01%)
Ruby Textile / Mar 25 Ruby Textile Mills Limited(RUBY)	7.01 ▲ 1 (16.64%)
Sec. Inv. Bank / Mar 25 Security Investment Bank Limited(SIBL)	8.99 ▲ 1 (12.52%)
Samba Bank / Mar 25 Samba Bank Limited(SBL)	9 ▲ 0.82 (10.02%)
Leiner Pak Gelat / Mar 25 Leiner Pak Gelatine Limited(LPGL)	100.73 ▲ 9.16 (10%)
Adamjee Life Assur. / Mar 25 Adamjee Life Assurance Company Limited(ALIFE)	25.73 ▲ 2.34 (10%)
United Dist. / Mar 25 United Distributors Pakistan Limited(UDPL)	67.29 ▲ 6.12 (10%)
Crescent Fib. / Mar 25 Crescent Fibres Limited(CFL)	45.70 ▲ 4.14 (9.96%)
Popular Islamic / Mar 25 Popular Islamic Modaraba(PIM)	13.19 ▲ 1.19 (9.92%)
Hussain Industries / Mar 25 Husein Industries Limited(HUSI)	27.30 ▲ 2.43 (9.77%)

Stock	Price
Parmount Sp. / Mar 25 Paramount Spinning Mills Limited(PASM)	3.51 ▼ -0.48 (-12.03%)
Shahtaj Sugar / Mar 25 Shahtaj Sugar Mills Limited(SHJS)	117 ▼ -13 (-10%)
Diamond Ind. / Mar 25 Diamond Industries Limited(DIIL)	27.68 ▼ -3.07 (-9.98%)
Zephyr Textile / Mar 25 Zephyr Textiles Limited(ZTL)	9.50 ▼ -1 (-9.52%)
TPL Life Insur. / Mar 25 TPL Life Insurance Limited(TPLL)	55.02 ▼ -5.74 (-9.45%)
Shahtaj Textile / Mar 25 Shahtaj Textile Limited(STJT)	65.05 ▼ -6.54 (-9.14%)
Sindh Abadgar / Mar 25 Sindh Abadgar's Sugar Mills Limited(SASML)	55 ▼ -5.43 (-8.99%)
Elahi Cot. / Mar 25 Elahi Cotton Mills Limited(ELCM)	138 ▼ -13.03 (-8.63%)
Tri-Star Power / Mar 25 Tri-Star Power Limited(TSPL)	7.24 ▼ -0.66 (-8.35%)
Shield Corp. / Mar 25 Shield Corporation Limited(SCL)	253.90 ▼ -22.98 (-8.3%)

Stock	Volume
Pak Elektron / Mar 25 Pak Elektron Limited(PAEL)	28,623,330 ▲ 0.63
TRG Pak Ltd / Mar 25 TRG Pakistan Limited(TRG)	22,742,574 ▼ -3.59
Cnergyico PK / Mar 25 Cnergyico PK Limited(CNERGY)	19,218,186 ▲ 0.01
Sui South Gas / Mar 25 Sui Southern Gas Company Limited(SSGC)	14,168,002 ▲ 0.18
WorldCall Telecom / Mar 25 Worldcall Telecom Limited(WTL)	11,877,825 ▼ -0.05
Pak Int.Bulk / Mar 25 Pakistan International Bulk Terminal(PIBTL)	11,187,536 ▲ 0.08
Pak Refinery / Mar 25 Pakistan Refinery Limited(PRL)	10,362,407 ▼ -0.12
B.O.Punjab / Mar 25 The Bank of Punjab(BOP)	10,164,053 ▼ -0.21
K-Electric Ltd. / Mar 25 K-Electric Limited(KEL)	10,144,462 ▲ 0
Treet Corp / Mar 25 Treet Corporation Limited(TREET)	8,893,519 ▼ -0.53

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