News Archives for Print - 2024-08-25

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Print - 2024-08-25

Gaza talks resume in Cairo

CAIRO/JERUSALEM: Gaza ceasefire and hostage negotiators discussed new compromise proposals in Cairo on Saturday,...

Published 25 Aug, 2024 03:05am

Netanyahu in dispute with Israeli negotiators over ceasefire conditions

OCCUPIED JERUSALEM: Prime Minister Benjamin Netanyahu has locked horns with Israeli ceasefire negotiators over his...

Published 25 Aug, 2024 03:05am

South Asia

Indian cattle fence sparks border tension with Bangladesh

KOLKATA: Security forces from India and Bangladesh had a tense confrontation this week over the construction of a...

Published 25 Aug, 2024 03:05am

Iran will seek to ‘manage tensions’ with US: top diplomat

TEHRAN: Iran’s new government will seek to “manage tensions” with its arch-enemy the United States to help...

Published 25 Aug, 2024 03:05am

Security steps set for Imam Hussain (RA) Chehlum, Data Ganj Baksh’s Urs

LAHORE: For the Chehlum of Hazrat Imam Hussain (RA) and the annual Urs of the great Sufi saint Hazrat Data Ali...

Published 25 Aug, 2024 03:05am

South Asia

India approves assured pension scheme for federal govt employees

NEW DELHI: The Indian government approved on Saturday a pension scheme which will guarantee federal government...

Published 25 Aug, 2024 03:05am

IK gets medical checkup in jail

ISLAMABAD: The jailed founding chairman of Pakistan Tehreek-e-Insaf (PTI) on Saturday underwent a medical ...

Published 25 Aug, 2024 03:05am

Repatriation of bodies: FO appreciates support of Iran govt

ISLAMABAD: The mortal remains of 28 Pakistani zaireen who perished in a bus accident in Yazd, Iran, have arrived in...

Published 25 Aug, 2024 03:05am

Incidents of auto theft on the rise in Islamabad

ISLAMABAD: The reports filed at different police stations in the capital city during the last week indicate that ...

Published 25 Aug, 2024 03:05am

Gaza crisis: PM demands early action on UN report

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Saturday urged the international community to take immediate...

Published 25 Aug, 2024 03:05am

‘US will continue to work urgently to address malnutrition crisis’

ISLAMABAD: The United States Mission in Islamabad said on Saturday that the US will continue to work urgently with...

Published 25 Aug, 2024 03:05am

Chehlum tomorrow: Islamabad police chalk out security plan

ISLAMABAD: The city police have chalked out a comprehensive security plan for Chehlum of Hazrat Imam Hussain (RA) ...

Published 25 Aug, 2024 03:05am

Rs157.7bn given to JPMC, NICVD and NICH by Sindh govt: Sharjeel

KARACHI: Senior Minister for Information Sharjeel Inam Memon negating the statement of MQM Chief Khalid Maqbool...

Published 25 Aug, 2024 03:05am

Crackdown intensified against overpricing

LAHORE: The Lahore district administration on Saturday intensified its crackdown on overpricing, leading to hefty...

Published 25 Aug, 2024 03:05am

UN response to Gaza genocide termed a ‘lollipop’

KARACHI: Pakistan Institute of International Affairs (PIIA) on Saturday held a students’ discussion on...

Published 25 Aug, 2024 03:05am

Departmental conference organised

KARACHI: Department of Social Sciences and Liberal Arts (SSLA), at the School of Economics and Social Sciences...

Published 25 Aug, 2024 03:05am

Network of 3,000 diabetes clinics launched

KARACHI: A network of 3,000 diabetes clinics, aimed at providing free consultations to around 75,000 patients daily,...

Published 25 Aug, 2024 03:05am

Industry

Govt’s expenditure reduction decision lauded

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

Published 25 Aug, 2024 03:05am

Dar opens 981st Urs of Data Ganj Bakhsh

LAHORE: Deputy Prime Minister and Foreign Minister Ishaq Dar inaugurated the 981st three-day Urs celebrations of...

Published 25 Aug, 2024 03:05am

PTI playing the victim card: Azma Bokhari

LAHORE: Information Minister Punjab Azma Bokhari has stated that after the religion and treason cards, PTI is now...

Published 25 Aug, 2024 03:05am

Experts say Psoriasis can be managed thru proper treatment

LAHORE: Over 125 million people worldwide including Pakistan are suffering from Psoriasis (skin disease), which is...

Published 25 Aug, 2024 03:05am

The Weather

KARACHI: The weather report on Saturday (August 24, 2024) and the forecast for Sunday (August 25, 2024)....

Published 25 Aug, 2024 03:05am

Number of cellular subscribers rises to 192.9m

ISLAMABAD: The number of cellular subscribers increased from 192.53 million by end June 2024 to 192.924 million by...

Updated 25 Aug, 2024 09:58am

Tax disputes with the Board: FBR instructs SOEs to pursue resolution through ADRCs

ISLAMABAD: The Federal Board of Revenue (FBR) has directed all state-owned enterprises to resolve their tax-related...

Updated 25 Aug, 2024 09:57am

The need for tax system reforms

Prime Minister Shehbaz Sharif has a strong connection with the business community, especially with the Lahore...

Published 25 Aug, 2024 03:05am

CM reaches RYK to boost morale of Police force

LAHORE: “The policemen are like brothers and sons, I consider their pain as my own, their attackers will not be...

Published 25 Aug, 2024 03:05am

Punjab launching drive to raise awareness against monkeypox

LAHORE: The Punjab government has launched a proactive campaign against monkeypox, featuring airport screenings and...

Published 25 Aug, 2024 03:05am

Letters

‘Army committed to restoring order at all costs’

This is apropos a letter to the Editor “Army committed to restoring order at all costs” by this writer carried ...

Published 25 Aug, 2024 03:05am

Commodities

Gold at historic highs

KARACHI: The local gold prices on Saturday shot up to new historic highs with the international bullion value...

Published 25 Aug, 2024 03:05am

Commodities

French maize conditions stable

PARIS: Ratings of French maize indicated that 76% of the crop was in good or excellent condition by Aug. 19, stable...

Published 25 Aug, 2024 03:05am

Energy

US natgas prices slide on lower demand

NEW YORK: US natural gas futures slid about 2% to a two-week low on Friday on forecasts for lower demand this week...

Published 25 Aug, 2024 03:05am

Commodities

Paris wheat hits fresh lows

PARIS: Euronext wheat extended losses on Thursday to new five-month lows as stiff export competition from Black Sea...

Published 25 Aug, 2024 03:05am

Commodities

Soy rises on short-covering, wheat stays weak

CHICAGO: Soybeans rose while corn eased on Friday as traders covered short positions ahead of the weekend while...

Published 25 Aug, 2024 03:05am

Commodities

Palm oil rises on supply concern

JAKARTA: Malaysian palm oil futures climbed for a third straight session on Friday to their highest in nearly three...

Published 25 Aug, 2024 03:05am

Commodities

Japanese rubber futures up

SINGAPORE: Japanese rubber futures extended gains on Friday, with prices hitting a more than two-month high,...

Published 25 Aug, 2024 03:05am

Commodities

Iron ore slips on falling demand

BEIJING: Iron ore futures prices fell on Friday as a continuous fall in near-term China demand sparked renewed...

Published 25 Aug, 2024 03:05am

Commodities

Gold ekes out gains as traders strap in for Powell’s Speech

BENGALURU: Gold prices gained on Friday on a softer dollar, while traders braced ahead of Federal Reserve Chair...

Published 25 Aug, 2024 03:05am

Commodities

Zinc touches five-week peak on supply fears

LONDON: Zinc prices hit their highest in five weeks on Friday on supply concerns after smelters in top producer ...

Published 25 Aug, 2024 03:05am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (August 24, 2024)...

Published 25 Aug, 2024 03:05am

Cotton & Textile

Spot rate picks up Rs200 per maund

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

Published 25 Aug, 2024 03:05am

Commodities

Indonesia tenders to buy 350,000 tons of rice, traders say

HAMBURG: Indonesian state purchasing agency Bulog has issued an international tender to buy about 350,000 metric ...

Published 25 Aug, 2024 03:05am

Energy

China’s plunging coal plant approvals signal energy policy pivot, report says

BEIJING: A sharp drop in new coal plant permits in China suggests the world’s largest builder of the polluting...

Published 25 Aug, 2024 03:05am

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 25.006 ...

Published 25 Aug, 2024 03:05am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (August 24, 2024). ======================================= Offset...

Published 25 Aug, 2024 03:05am

Solar PV panels unit: Chinese firm seeks duty-free import of machinery

ISLAMABAD: A Chinese company has approached the government with a request to eliminate duties and taxes on...

Updated 25 Aug, 2024 09:53am

Country on economic growth trajectory: Dar

LAHORE: Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar said on Saturday that the country has now been...

Updated 25 Aug, 2024 09:52am

MoC seeks details of Rs3bn SMEs export boost project

ISLAMABAD: The Ministry of Commerce has sought technical and conceptual details from the Ministry of Planning,...

Updated 25 Aug, 2024 09:53am

Over Rs2bn uplift projects: There must be third-party validation: PM

Premier says the system for redressal of grievances and concerns regarding the procurement process should not be subordinated to the procuring agency

Updated 25 Aug, 2024 04:07pm

Fed mortgage bond holdings play ‘central’ policy rule, paper says

NEW YORK: Federal Reserve holdings of mortgage bonds play a “central” role in how monetary policy affects the...

Updated 25 Aug, 2024 09:54am

New payment strategy designed to help expats: SBP ED

ISLAMABAD: Executive Director of the State Bank of Pakistan, Syed Sohail Jawad, Saturday said the government intends...

Updated 25 Aug, 2024 09:54am

Pishin blast: Two children killed, two cops among 16 injured

QUETTA: Two children were killed and two policemen were among the 16 people injured when an explosive device planted...

Updated 25 Aug, 2024 09:55am

Sections 194-A, 194-B of Customs Act: Customs AT has power to execute its orders: SC

ISLAMABAD: The Supreme Court declared that the Customs Appellate Tribunal has the power to execute orders passed in...

Updated 25 Aug, 2024 09:55am

S&P downgrades Kenya credit rating citing tax hike U-turn

NAIROBI: The US ratings agency S&P has downgraded Kenya’s credit rating, citing President William Ruto’s...

Updated 25 Aug, 2024 09:56am

Punjab power subsidy

EDITORIAL: Punjab Chief Minister Maryam Nawaz may have laughed off her Sindh counterpart’s criticism of the...

Published 25 Aug, 2024 03:05am

Divorced from reality

EDITORIAL: It beggars belief that the government thought this was a good time to approve 15 development projects...

Published 25 Aug, 2024 03:05am

Taxes

‘Seeking record after selecting group of taxpayers for audit unlawful’

LAHORE: Seeking record after selecting a group of taxpayers for audit is unlawful, said tax practitioners. They said...

Published 25 Aug, 2024 03:05am

Industry

EDB, SI&MDR arrange webinar to strengthen engineering industry

ISLAMABAD: The Engineering Development Board (EDB) has arranged webinar collaborating Surgical Instruments &...

Published 25 Aug, 2024 03:05am

Industry

Preparations for SCO moot reviewed

ISLAMABAD: In preparation for the upcoming Shanghai Cooperation Organisation (SCO) meeting and other major...

Published 25 Aug, 2024 03:05am

Prices of kitchen items show declining trend

ISLAMABAD: The prices of essential kitchen items have witnessed a declining trend during the week against the...

Published 25 Aug, 2024 03:05am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.10
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
S&P 500 / Dec 23	5,974.07
Nasdaq / Dec 23	19,764.89
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77
India Sensex / Dec 24	78,616.57
Tokyo Nikkei / Dec 24	39,036.85
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,130.86

Item	Value
Gold 10 Grams PKR / Dec 23	241,087.80
Crude Oil USD/Barrel / Dec 24	69.54
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold Spot USD/Ounce / Dec 24	2,618.54
Cotton US¢/pound / Dec 24	69.13
Petrol/Litre / Dec 25	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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