News Archives for Print - 2024-08-15

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Print - 2024-08-15

CJ hoists flag on LHC building

LAHORE: Acting Chief Justice Abid Aziz Sheikh on Wednesday hoisted the national flag on the Lahore High Court...

Published 15 Aug, 2024 08:19am

Maryam attends flag-hoisting ceremony at Lahore Fort

LAHORE: Like other parts of the country, Independence Day was marked across Punjab on Wednesday with a renewed ...

Published 15 Aug, 2024 08:19am

CJCSC, Services Chiefs and armed forces greet the nation

ISLAMABAD: The Armed Forces of Pakistan, along with the Chairman Joint Chiefs of Staff Committee and the Services...

Published 15 Aug, 2024 08:16am

Governor emphasizes positive role for country's uplift

LAHORE: Punjab Governor, Sardar Saleem Haider Khan hoisted national flag in a solemn ceremony held here at Governor...

Published 15 Aug, 2024 08:13am

Educational institutions of Lahore celebrate Independence Day

LAHORE: Like other segments of the society, the educational institutions of Lahore on Monday celebrated the 78th...

Published 15 Aug, 2024 08:11am

Murad launches 10-day polio drive targeting over 1m children

KARACHI: Sindh Chief Minister Syed Murad Ali Shah launched a crucial 10-day polio eradication campaign aimed at...

Published 15 Aug, 2024 08:10am

PNSC celebrates Independence Day

KARACHI: The 78th Independence Day of Pakistan was celebrated in the institution organised by Pakistan National...

Published 15 Aug, 2024 08:07am

‘Independence struggle goes on’, says Justice Kayani

ISLAMABAD: To mark the country’s Independence Day, a flag-hoisting ceremony was held at the premises of Islamabad...

Published 15 Aug, 2024 08:06am

NBP celebrates 78th Independence Day with great patriotism

KARACHI: National Bank of Pakistan (NBP) celebrated the 78th Independence Day of Pakistan with great enthusiasm and...

Published 15 Aug, 2024 08:04am

Companies

JazzCash President accepted into Forbes Finance Council

ISLAMABAD: Murtaza Ali, President of JazzCash, Pakistan’s largest fintech platform, has been accepted into the...

Published 15 Aug, 2024 08:02am

Energy

2020 IPP report’s recommendations: Power sector circles for implementation

LAHORE: The power sector circles have demanded transparency and accountability in Pakistan’s power sector by...

Updated 15 Aug, 2024 03:17pm

Imam Masjid-i-Nabvi (PBUH) leaves for KSA

LAHORE: Dr Salah Bin Mohammad Al-Budair, the imam (prayer leader) of Masjid-i-Nabvi (PBUH) Wednesday left here for...

Published 15 Aug, 2024 07:47am

77th Independence Day celebrated across KP

PESHAWAR: 77th Independence Day of Pakistan was celebrated with national zeal and spirit across Khyber Pakhtunkhwa ...

Published 15 Aug, 2024 07:41am

Independence Day celebrations held at historical places across Punjab

LAHORE: The Punjab Archaeology Department organized celebrations and events at historical places across the Punjab ...

Published 15 Aug, 2024 07:27am

Pakistan HC celebrates Independence Day in London

ISLAMABAD: Pakistan High Commission in London celebrated the Independence Day with traditional zeal and enthusiasm...

Published 15 Aug, 2024 07:20am

PTI holds rallies for ‘real independence’

LAHORE: Pakistan Tehreek-e-Insaf (PTI) staged dozens of big and small rallies on the eve of the 77th Independence ...

Published 15 Aug, 2024 07:17am

PARTLY FACETIOUS: Mainstream media and social media

“What is the difference in the speed of dissemination between mainstream media and social media?” “Before I ...

Published 15 Aug, 2024 06:46am

UN launches new way to measure nations’ economic vulnerability

UNITED NATIONS: The UN General Assembly on Tuesday officially launched a new data-driven “vulnerability” index that...

Updated 15 Aug, 2024 08:39am

Russia reintroduces ban on petrol exports till year end

MOSCOW: The Russian government announced Wednesday that it was reintroducing a ban on petrol exports for another six...

Updated 15 Aug, 2024 08:38am

Nishan-i-Pakistan announced for Zulfikar Ali Bhutto

ISLAMABAD: President Asif Ali Zardari on Wednesday, on the occasion of Pakistan’s 78th Independence Day, approved...

Updated 15 Aug, 2024 07:17pm

4 soldiers martyred; 6 Khwarij ‘sent to hell’

ISLAMABAD: On night of 12/13 August 2024, fire exchange took place between the security forces and Khwarij in South...

Updated 15 Aug, 2024 09:24am

NA panel summons PTA head over social media disruption

ISLAMABAD: The National Assembly’s Standing Committee on IT has sought an explanation from Chairman of the Pakistan...

Updated 15 Aug, 2024 09:23am

Child killed, 95 injured due to firing in air in Karachi

KARACHI: At least 95 people were injured and a child was killed as a result of celebratory firing in air in Karachi...

Updated 15 Aug, 2024 08:38am

NDMA issues new flood warning

ISLAMABAD: The National Disaster Management Authority (NDMA) has issued a new flash and urban flood warning as the...

Published 15 Aug, 2024 05:59am

Nepal approves long-delayed war crimes bill

KATHMANDU: Nepal’s parliament approved Wednesday long-delayed amendments to the transitional justice act aimed at...

Published 15 Aug, 2024 05:59am

Ukrainian army ‘moving further’ into Russia: Zelensky

KYIV: President Volodymyr Zelensky said on Wednesday that Ukrainian troops are “moving further” into Russia, as...

Published 15 Aug, 2024 05:59am

Wapda, NTDC celebrate Independence Day with zeal

LAHORE: The Water and Power Development Authority (Wapda) and the National Transmission and Despatch Company Limited...

Published 15 Aug, 2024 05:59am

SU marks Independence Day with national spirit

HYDERABAD: The University of Sindh Jamshoro and its campuses celebrated Pakistan’s 77th Independence Day with...

Published 15 Aug, 2024 05:59am

SSUET celebrates Independence Day with patriotic zeal

KARACHI: Sir Syed University of Engineering & Technology (SSUET) celebrated Pakistan Independence Day with...

Published 15 Aug, 2024 05:59am

SNGPL, LCCI, NESPAK celebrate Independence Day

LAHORE: Sui Northern Gas Pipelines Limited (SNGPL) organized a flag hoisting ceremony at Head Office in Lahore to...

Published 15 Aug, 2024 05:59am

SAFMA organizes seminar on ‘Future Vision of South Asia’

LAHORE: The South Asian Free Media Association (SAFMA) organized a seminar titled "Future Vision of South Asia" on...

Published 15 Aug, 2024 05:59am

Custodial death, rape cases: ‘Registration of FIR does not trump proceedings’: LHC

LAHORE: The Lahore High Court (LHC) held the other day that a complaint with the Federal Investigation Agency (FIA)...

Published 15 Aug, 2024 05:59am

Middle class is in deep recession

What good is a 3.2 percent GDP growth rate next year and inflation dropping below 10 percent in FY25 to someone...

Updated 15 Aug, 2024 06:52am

Letters

Escalating political temperature…

During my close association with various governments, including those of PML(N), PPP, martial law regimes, and PTI, ...

Published 15 Aug, 2024 05:59am

Energy

PRIED’s study; ‘Include external costs to accurately price Thar coal power’

KARACHI: The Thar coal is being promoted as cheap local fuel for future, however there are huge socio-environmental...

Published 15 Aug, 2024 05:59am

PTI says will hold rallies in Islamabad, Lahore, and Karachi

BUNER: Pakistan Tehreek-e-Insaf (PTI) on Wednesday announced that it will hold public gatherings in three major...

Published 15 Aug, 2024 05:59am

Embassy of Pakistan hosts flag-hoisting ceremony in Kabul

ISLAMABAD: The Embassy of Pakistan in Kabul hosted a flag-hoisting ceremony on the occasion of Pakistan’s 78th...

Published 15 Aug, 2024 05:59am

Stocks

Gulf markets rise amid global stock rally

DUBAI: Stock markets in the Gulf tracked global shares to end higher on Wednesday, after the US producer price data...

Published 15 Aug, 2024 05:59am

Stocks

Nikkei ends higher

TOKYO: Japan’s Nikkei share average rose on Wednesday as investors weighed news that Japan’s prime minister will...

Published 15 Aug, 2024 05:59am

Stocks

China stocks down to 6-month low after lending data tumbles

SHANGHAI: China stocks slipped to their weakest levels in six months on Wednesday after data showed lending by the...

Published 15 Aug, 2024 05:59am

Stocks

FTSE 100 ends higher as softer CPI boosts rate optimism

LONDON: London stocks ended higher after advancing for a fourth straight session on Wednesday as soft consumer ...

Published 15 Aug, 2024 05:59am

Stocks

STOXX 600 climbs as upbeat earnings buoy travel and leisure

FRANKFURT: Europe’s main stocks index rose on Wednesday, boosted by travel and leisure and financial shares, with...

Published 15 Aug, 2024 05:59am

Stocks

Wall Street struggles for direction as Alphabet falls

NEW YORK: Wall Street’s main indexes were mixed on Wednesday, as Alphabet slid and as signs of moderating ...

Published 15 Aug, 2024 05:59am

Asia

Japan’s PM Kishida to resign, paving way for new leader

TOKYO: Japan’s Prime Minister Fumio Kishida said on Wednesday he would step down next month, succumbing to public...

Published 15 Aug, 2024 05:59am

Asia

Myanmar junta chief, China FM discuss ‘stability’ as clashes rage

YANGON: Myanmar’s embattled junta chief and China’s foreign minister on Wednesday discussed security along their...

Published 15 Aug, 2024 05:59am

Middle East

Hamas to stay out of Gaza truce talks, Iran considers Israel attack

CAIRO: The Palestinian group Hamas said on Wednesday it would not take part in a new round of Gaza ...

Updated 15 Aug, 2024 06:39am

Military, NATO bases in Germany hit by security scares

FRANKFURT: A German military base was sealed off for several hours Wednesday as authorities investigated suspected...

Updated 15 Aug, 2024 06:29am

CPJ denounces Israel’s smearing of killed Palestinian journalists with unsubstantiated ‘terrorist’ labels

NEW YORK: The Committee to Protect Journalists calls on Israel to stop making unproven claims that journalists slain...

Updated 15 Aug, 2024 06:42am

Twin cities: LEAs arrange comprehensive security

ISLAMABAD: The law enforcement agencies on Wednesday made comprehensive security arrangements in twin cities on the...

Published 15 Aug, 2024 05:59am

Meezan Bank celebrates Independence Day

KARACHI: Meezan Bank marked the country’s 78th Independence Day with great fervour and enthusiasm. The celebrations...

Published 15 Aug, 2024 05:59am

Punjab Assembly celebrates 78th Independence Day

LAHORE: The Punjab Assembly celebrated Pakistan’s 78th Independence Day with a flag-hoisting ceremony, marking the...

Published 15 Aug, 2024 05:59am

PTI leader Aamir Mughal arrested

ISLAMABAD: The Islamabad police on Wednesday arrested Pakistan Tehreek-e-Insaf (PTI) leader Aamir Mughal, who was...

Published 15 Aug, 2024 05:59am

Independence Day celebrated: BISP to launch nationwide tree-plantation drive

ISLAMABAD: The Benazir Income Support Programme (BISP) announced to have launched nationwide tree plantation drive ...

Published 15 Aug, 2024 05:59am

Energy

Slowing global jet fuel consumption adds to oil demand concern

NEW YORK: Global jet fuel demand is poised to soften as a slowdown in consumer spending hits travel budgets, a shift...

Published 15 Aug, 2024 05:59am

Europe

Nordic countries join forces to combat spread of Swedish gang crime

STOCKHOLM: Nordic countries will increase police cooperation and form hub in Stockholm in an effort to prevent...

Published 15 Aug, 2024 05:59am

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 15 Aug, 2024 05:59am

The Weather

KARACHI: The weather report on Wednesday (August 14, 2024) and the forecast for Thursday (August 15, 2024)...

Published 15 Aug, 2024 05:59am

PM says power tariffs to be revised downward soon

Will unveil government’s economic programme to the nation in the next few days

Updated 15 Aug, 2024 10:27am

Transmission sector: World Bank concerned at delay in approval of contract extensions

ISLAMABAD: The World Bank (WB) has expressed concern at the outstanding delays in approvals of extensions in...

Updated 15 Aug, 2024 09:25am

Cut in WHT lines, implementation of track and trace system: DLIs lagging behind targets, says World Bank

ISLAMABAD: The Disbursement Linked Indicators (DLIs) regarding reduction in withholding tax (WHT) lines and...

Updated 15 Aug, 2024 03:18pm

Thai court sacks PM over ethics case

BANGKOK: Thailand’s Constitutional Court sacked Prime Minister Srettha Thavisin on Wednesday, branding him dishonest...

Updated 15 Aug, 2024 09:23am

US says seeks to deepen partnership

ISLAMABAD: United States Secretary of State Antony Blinken has congratulated Pakistan on its Independence Day and...

Updated 15 Aug, 2024 08:39am

Tajir Dost Scheme: unfriendly response?

EDITORIAL: A Business Recorder exclusive has revealed that 58,000 out of 3.2 million small traders/shopkeepers have...

Updated 15 Aug, 2024 06:56am

Relentless terrorism

EDITORIAL: Tribal districts of Khyber Pakhtunkhwa (KP) face a resurgent wave of terrorism from Afghanistan-based TTP...

Published 15 Aug, 2024 05:59am

MENA

Nearly 4,000 Pakistan companies join Dubai Chamber of Commerce in six months

This figure puts Pakistan second on list of new non-Emirati companies joining the Dubai body during January-June 2024

Updated 15 Aug, 2024 11:48am

Companies

PTCL Group to provide managed WAN solution to ZTBL nationwide

KARACHI: Pakistan’s largest telecommunications and integrated ICT services provider, PTCL Group (PTCL & Ufone...

Published 15 Aug, 2024 05:59am

Economic stability key to national sovereignty: SBP governor

KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmed Wednesday said economic stability is the key to national...

Published 15 Aug, 2024 05:59am

Money & Banking

Russian rouble rebounds after touching 10-month low

MOSCOW: The Russian rouble rebounded against the dollar on Wednesday after falling for six trading sessions in a row...

Published 15 Aug, 2024 05:59am

Money & Banking

Asian currencies: Indonesian rupiah leads gains

BENGALURU: Most Asian currencies and equities rallied on Wednesday after soft US producer prices data stirred hopes...

Published 15 Aug, 2024 05:59am

Money & Banking

China’s yuan firms as US dollar weakness

SHANGHAI: China’s yuan firmed against the US dollar on Wednesday as weakness in the greenback following data...

Published 15 Aug, 2024 05:59am

Money & Banking

Dollar loses ground against euro

NEW YORK: The dollar lost ground against its major peers on Wednesday, helping the euro to an eight-month peak, as...

Published 15 Aug, 2024 05:59am

Money & Banking

Indian rupee gives up nearly all gains against dollar

MUMBAI: The Indian rupee ended nearly flat on Wednesday as US dollar demand from importers and foreign banks eroded...

Published 15 Aug, 2024 05:59am

BD turmoil may slow financial reform, weaken banks: S&P

NEW DELHI/DHAKA: Political turmoil in Bangladesh is likely to slow planned financial reforms and has already added...

Published 15 Aug, 2024 05:59am

Companies

Mars to boost snack portfolio in mega $36bn deal for Pringles maker Kellanova

NEW YORK: Family-owned candy giant Mars is buying Cheez-It maker Kellanova in a nearly $36 billion deal, bringing...

Published 15 Aug, 2024 05:59am

Circular debt becomes major obstacle to progress: UBG

Industry

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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