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

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

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

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

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

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

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

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

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

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

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

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

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

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

‘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

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

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

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

Paper

Lahore Paper Market Rates

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

MoC seeks details of Rs3bn SMEs export boost project

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 3	279.13
USD PKR Interbank Buying / Feb 3	278.93
USD to Japanese Yen / Feb 3	155.42
USD to Swiss Franc / Feb 3	0.92
Pound Sterling to USD / Feb 3	1.23
Euro to USD / Feb 3	1.02

Stock	Volume
S&P 500 / Jan 31	6,040.53
Nasdaq / Jan 31	19,627.44
Dow Jones / Jan 31	44,544.66
India Sensex / Feb 3	77,186.74
Tokyo Nikkei / Feb 3	38,520.09
Hang Seng / Feb 3	20,217.26
FTSE 100 / Feb 3	8,574.30
Germany DAX 30 / Feb 3	21,386.36

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Petrol/Litre / Feb 3	257.13
Crude Oil USD/Barrel / Feb 3	74.12
Gold Spot USD/Ounce / Feb 3	2,797
Diesel/Litre / Feb 3	267.95

Gainers
Losers
Leaders

Stock	Price
D.S. Ind. Ltd. / Feb 3 D.S. Industries Limited(DSIL)	5.48 ▲ 1 (22.32%)
Siddiqsons Tin / Feb 3 Siddiqsons Tin Plate Limited(STPL)	6.82 ▲ 1 (17.18%)
Burj Clean Energy Modaraba / Feb 3 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	10 ▲ 1 (11.11%)
Unicap Modaraba / Feb 3 Unicap Modaraba(UCAPM)	3.05 ▲ 0.3 (10.91%)
Pervez Ahmed Consultancy / Feb 3 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.53 ▲ 0.15 (10.87%)
Dandot Cement / Feb 3 Dandot Cement Company Limited(DNCC)	18.13 ▲ 1.65 (10.01%)
Gadoon Textile / Feb 3 Gadoon Textile Mills Limited(GADT)	272.84 ▲ 24.8 (10%)
AL-Noor Sugar / Feb 3 Al-Noor Sugar Mills Limited(ALNRS)	79.99 ▲ 7.27 (10%)
Baba Farid Sugar / Feb 3 Baba Farid Sugar Mills Limited(BAFS)	53.44 ▲ 4.86 (10%)

Stock	Price
Tariq Corp.Pref. / Feb 3 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.03 ▼ -0.85 (-10.79%)
Equity Modaraba / Feb 3 First Equity Modaraba(FEM)	3 ▼ -0.35 (-10.45%)
Olympia Mills / Feb 3 Olympia Mills Limited(OML)	35.57 ▼ -3.95 (-9.99%)
Leather Up Ltd. / Feb 3 Leather Up Limited(LEUL)	48.37 ▼ -5.37 (-9.99%)
Hussain Industries / Feb 3 Husein Industries Limited(HUSI)	26 ▼ -2.86 (-9.91%)
Fateh Ind. / Feb 3 Fateh Industries Limited(FIL)	120.06 ▼ -12.77 (-9.61%)
Karam Ceramics / Feb 3 Karam Ceramics Limited(KCL)	56 ▼ -5.9 (-9.53%)
Sardar Chemical / Feb 3 Sardar Chemical Industries Limited(SARC)	31.52 ▼ -3.32 (-9.53%)
Popular Islamic / Feb 3 Popular Islamic Modaraba(PIM)	12.30 ▼ -1.27 (-9.36%)

Stock	Volume
Cnergyico PK / Feb 3 Cnergyico PK Limited(CNERGY)	66,683,225 ▼ -0.21
WorldCall Telecom / Feb 3 Worldcall Telecom Limited(WTL)	37,804,093 ▲ 0
B.O.Punjab / Feb 3 The Bank of Punjab(BOP)	24,677,060 ▲ 0.11
Ghani Chem. Ind. / Feb 3 Ghani Chemical Industries Limited(GCIL)	21,941,840 ▼ -0.37
Bank Makramah / Feb 3 Bank Makramah Limited(BML)	18,549,052 ▲ 0
Sui South Gas / Feb 3 Sui Southern Gas Company Limited(SSGC)	17,308,051 ▼ -0.84
Pak Refinery / Feb 3 Pakistan Refinery Limited(PRL)	16,516,319 ▼ -1.78
Fauji Cement / Feb 3 Fauji Cement Company Limited(FCCL)	16,104,526 ▼ -0.3
K-Electric Ltd. / Feb 3 K-Electric Limited(KEL)	15,806,816 ▼ -0.14

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