News Archives for Print - 2024-08-31

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Print - 2024-08-31

PK-Leaf completes skill training project

KARACHI: Philip Morris (Pakistan) Limited – PMPKL Leaf (PK-Leaf) has successfully completed another round of ...

Published 31 Aug, 2024 08:13am

PA Speaker, senior cabinet members visit CBD Punjab

LAHORE: Speaker Punjab Assembly Malik Muhammad Ahmad Khan along with Deputy Speaker Punjab Assembly Zaheer Iqbal on...

Published 31 Aug, 2024 08:10am

Energy

Privatization key solution for power sector’s challenges: experts

KARACHI: The Sustainable Development Policy Institute (SDPI) and the Network for Clean Energy Transition (NCET)...

Published 31 Aug, 2024 08:07am

Many public sector varsities being run in contravention of their laws: SC

ISLAMABAD: The Supreme Court noted that many of the public sector universities are being run in contravention of...

Published 31 Aug, 2024 08:05am

Industry

Pakistan, Iran: Need stressed to promote ‘official trade’

KARACHI: Chief Executive of Ta’min Petroleum & Petrochemical Investment Company (TAPPICO) of Iran, Reza Babak...

Published 31 Aug, 2024 08:04am

Cybercrime case: Orya Maqbool granted judicial remand

LAHORE: A judicial magistrate on Friday denied further physical remand of anchorperson Orya Maqbool Jan to Federal...

Published 31 Aug, 2024 08:04am

PM accepts resignation of PC’s Deputy Chairman

ISLAMABAD: Prime Minister Shehbaz Sharif accepted the resignation of Planning Commission Deputy Chairman Jahanzeb...

Published 31 Aug, 2024 08:03am

Proper services should be provided to citizens: CTO

FAISALABAD: “At all service and convenience traffic centers, services should be provided to the citizens in a good...

Published 31 Aug, 2024 08:01am

PTA uses WMS for internet content management, govt tells NA

ISLAMABAD: The federal government has informed the National Assembly that Pakistan Telecommunication Authority (PTA)...

Published 31 Aug, 2024 07:50am

PTI terms Musakhel incident ‘failure of agencies’

ISLAMABAD: Terming the Musakhel incident a “complete failure” of over two dozen intelligence agencies, Pakistan...

Updated 31 Aug, 2024 02:03pm

Punjab intensifies wildlife protection on CM’s direction

LAHORE: Under Chief Minister Punjab Maryam Nawaz Sharif's directives, Punjab government has launched a rigorous...

Published 31 Aug, 2024 07:45am

Preventing electronic crimes: Telecommunication appellate tribunal on the cards

ISLAMABAD: The federal government is going to take a major decision to prevent electronic crimes by establishing a...

Published 31 Aug, 2024 07:43am

Third offshore patrol vessel PNS HUNAIN arrives in Karachi

KARACHI: Third Offshore Patrol Vessel (OPV) PNS HUNAIN arrived in Karachi. Upon arrival, an impressive reception...

Published 31 Aug, 2024 07:40am

Middle East

Three Arab Israelis, two Egyptians injured

EGYPT: Three Arab Israeli tourists and two Egyptian hotel workers were injured after a fight broke out in the...

Published 31 Aug, 2024 06:55am

Libya central bank head flees country

TUNIS: Libya’s central bank governor Seddik al-Kabir said he fled the country following “threats” from armed...

Published 31 Aug, 2024 06:55am

C&W processes 484 tenders through e-procurement system

LAHORE: The Punjab Communication and Works (C&W) Department has successfully processed 484 tenders worth over Rs...

Published 31 Aug, 2024 06:55am

Alkhidmat signs MoU with UBL Ameen

KATACHI: Alkhidmat Karachi has signed an MoU with UBL’s Islamic banking service "Ameen" to facilitate students of...

Published 31 Aug, 2024 06:55am

Monsoon season: 60pc more rains than usual received

ISLAMABAD: Pakistan has received 60 per cent more rains than usual during the monsoon season July-August as heavy...

Published 31 Aug, 2024 06:55am

Misbah-ul-Haq to mentor ‘Wolves in Champions Cup’

LAHORE: Former Pakistan captain and all-format head coach Misbah-ul-Haq has been confirmed as mentor of the Wolves...

Published 31 Aug, 2024 06:55am

Fazl rejects govt offer to join it?

ISLAMABAD: Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman has rejected Prime Minister Shehbaz...

Published 31 Aug, 2024 06:55am

Army says 37 terrorists killed in Khyber

RAWALPINDI: Army said late Friday that thirty seven terrorists have been killed in Khyber district in ten days, ...

Published 31 Aug, 2024 06:55am

Jan-Aug: 147pc spike in terror incidents

ISLAMABAD: Pakistan has recorded an unprecedented 147 percent spike in terrorism-related incidents in the first ...

Published 31 Aug, 2024 06:55am

Terrorism: Pakistan urges OIC states to work collectively

ISLAMABAD: Pakistan has urged the Organisation of Islamic Cooperation (OIC) to work collectively to combat all forms...

Published 31 Aug, 2024 06:55am

Missing persons not in ISI custody, AGP tells IHC

ISLAMABAD: The Attorney General for Pakistan (AGP) told the Islamabad High Court (IHC) that the missing professors,...

Published 31 Aug, 2024 06:55am

PM vows to defeat country’s enemies through collective efforts

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday reiterated his government’s commitment not to hold any talks...

Published 31 Aug, 2024 06:55am

PDWP-Punjab approves Rs2bn uplift schemes

LAHORE: The Provincial Development Working Party (PDWP-Punjab) for 2024-25 approved three development schemes...

Published 31 Aug, 2024 06:55am

Health of women, children top priority of CM: minister

LAHORE: Inaugurating the newly-constructed block, here at Mayo Hospital, Punjab’s Senior Provincial Minister...

Published 31 Aug, 2024 06:55am

Pakistan experiencing a record-breaking monsoon month of Aug

LAHORE: Pakistan has just experienced a record-breaking monsoon month of August, with rainfall levels soaring to...

Published 31 Aug, 2024 06:55am

Imran says deteriorating economy is country’s biggest challenge

ISLAMABAD: The incarcerated Pakistan Tehreek-e-Insaf (PTI) founding chairman, Imran Khan, on Friday, said that...

Published 31 Aug, 2024 06:55am

Meeting with private varsity

ISLAMABAD: Former senator Rubina Khalid, the Chairperson BISP, held a meeting with a delegation of a private...

Published 31 Aug, 2024 06:55am

OIC Contact Group reaffirms its support to the Kashmir cause

ISLAMABAD: The OIC Contact Group on Jammu and Kashmir has reaffirmed support for the Kashmiri people’s struggle ...

Published 31 Aug, 2024 06:55am

OGDCL hosts seminar on ‘Awareness and Prevention from Corruption’

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) on Thursday hosted a seminar titled “Awareness and...

Published 31 Aug, 2024 06:55am

KP: 68 dead in rain-related incidents

PESHAWAR: Sixty-eight people have died in different rain related incidents triggered by the monsoon in Khyber...

Published 31 Aug, 2024 06:55am

Strong winds sweep across Karachi

KARACHI: Gusty winds howled across the metropolis on Friday, as the swirling tropical storm “Asna” is likely to...

Published 31 Aug, 2024 06:55am

The Weather

KARACHI: The weather report on Friday (August 30, 2024) and the forecast for Saturday (August 31, 2024)...

Published 31 Aug, 2024 06:55am

Rates

Fresh buying lifts index

KARACHI: Pakistan Stock Exchange on Friday ended on a positive note due to investor interest and fresh buying in...

Published 31 Aug, 2024 06:55am

Schools shut as Pakistan, India brace for rare August cyclone

KARACHI/AHMEDABAD: Coastal towns and cities in India and Pakistan braced for a rare August cyclone on Friday, as...

Published 31 Aug, 2024 06:55am

Pakistan, BD agree to work closely for prosperity

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday held telephonic contact with Chief Adviser of the Bangladesh...

Published 31 Aug, 2024 06:55am

Health & Wellness

Discovering Diabetes save thousands from complications

KARACHI: The Discovering Diabetes initiative has prevented complications in 452,170 individuals who were previously...

Published 31 Aug, 2024 06:55am

PSA takes strong steps to check substandard solar imports

KARACHI: Pakistan Solar Association (PSA) is doing its utmost to ensure a stable and reliable supply of solar panels...

Published 31 Aug, 2024 06:55am

Energy

Speakers at a conference highlight true potential of solar power

LAHORE: The concerned energy sector representatives have emphasised greater exploitation of Pakistan’s solar power...

Published 31 Aug, 2024 06:55am

Power sector woes– AGP report says it all

A damming report by the Auditor General of Pakistan (AGP) says it all insofar as the massive mess-up in the domestic...

Published 31 Aug, 2024 06:55am

Need for modern farming practices

As climate change threatens the country there are also apprehensions about the negative effects it will have on farm...

Updated 31 Aug, 2024 07:16am

Letters

‘The success of Army Chief’s Afghan policy’

This is apropos three letters to the Editor titled ‘The success of Army Chief’s Afghan policy’ carried by this...

Published 31 Aug, 2024 06:55am

PARTLY FACETIOUS: Country needs results not a litany of sacrifices…

“Terror attacks, horrendously cruel terrorist attacks…” “Right, and the sacrifices made by the law enforcement...

Updated 31 Aug, 2024 07:18am

Stocks

Nasdaq, S&P 500 inch up before Labor Day weekend

NEW YORK: The Nasdaq and the S&P 500 inched up in choppy trading on Friday ahead of the long weekend, after ...

Published 31 Aug, 2024 06:55am

Stocks

European shares inch up to record high

PARIS: European shares rose to an all-time high on Friday, closing a turbulent month on a bright note after a...

Published 31 Aug, 2024 06:55am

Stocks

China stocks jump as state fund buying lifts sentiment

SHANGHAI: China stocks ended the week on a bullish note on Friday, bolstered by data confirming heavy buying from...

Published 31 Aug, 2024 06:55am

Stocks

Nikkei ends higher as tech tracks Dow’s record close

TOKYO: Japan’s Nikkei share average ended higher on Friday, with technology stocks leading the gains, as traders...

Published 31 Aug, 2024 06:55am

Energy

Slow HSD upliftment: Ogra rejects allegations of OMCs

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has negated the allegations of local refineries regarding a...

Published 31 Aug, 2024 06:55am

Energy

Sinjhoro Block JV: Gas condensate discovered

KARACHI: The joint venture of Sinjhoro Block comprising Oil and Gas Development Company Limited (OGDCL) as operator...

Published 31 Aug, 2024 06:55am

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 Aug, 2024 06:55am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (August 30,...

Published 31 Aug, 2024 06:55am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (August 30, 2024). ======================== Open Bid Rs...

Published 31 Aug, 2024 06:55am

Forex

Kerb buying and selling rate of US dollar

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

Published 31 Aug, 2024 06:55am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (August 30, 2024). ==================================== BR...

Published 31 Aug, 2024 06:55am

Minister says IPP deals won’t be altered unilaterally

Senate Standing Committee on Power discusses IPPs contracts

Updated 31 Aug, 2024 10:16pm

Rs1trn capacity payment made to 26 IPPs in 10 years

ISLAMABAD: The government reportedly paid about Rs 1 trillion as capacity payment to 26 gas/RLNG and RFO-fired...

Updated 31 Aug, 2024 04:20pm

Credit to private sector: incorrect calculation?

ISLAMABAD: Credit to private sector (flows) stood at Rs -326.9 billion, 1-July to 26-July 2024-25 against Rs -171.1...

Updated 31 Aug, 2024 10:21pm

Public debt stands at Rs71.2trn, Aurangzeb tells NA

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb, on Friday, revealed in the National Assembly...

Updated 31 Aug, 2024 03:34pm

Only 277 retailers have paid Rs503,632 under Tajir Dost Scheme so far

Total number of registered retailers now stands at 63,964

Updated 31 Aug, 2024 10:14pm

Govt threatens to further slash PSDP

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal said that due to the worst...

Updated 31 Aug, 2024 03:34pm

Senate told: No military operation in Balochistan

ISLAMABAD: Denying the possibility of a military operation in Balochistan, Interior Minister Mohsin Naqvi reiterated...

Updated 31 Aug, 2024 09:02am

Militant attacks delay launch of China-backed airport

ISLAMABAD: The start of operations at a Chinese-funded airport in Balochistan province has been pushed back for a...

Updated 31 Aug, 2024 09:07am

Military launches strikes in response to attacks

ISLAMABAD: Military has launched intelligence-based operations in Balochistan in response to attacks by insurgents...

Updated 31 Aug, 2024 09:17am

Moody’s lifts long-term deposit ratings of 5 banks

ISLAMABAD: Moody’s Ratings (Moody’s) upgraded the long-term deposit ratings to Caa2 from Caa3 of five Pakistani...

Updated 31 Aug, 2024 03:33pm

Cheap electricity to industries: Punjab examining proposals to lay direct transmission lines

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif here met with a delegation of Entrepreneurs Organisation to review...

Updated 31 Aug, 2024 09:11am

Cotton & Textile

Spot rate gains Rs300 per maund

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Friday increased the spot rate by Rs 3,00...

Published 31 Aug, 2024 06:55am

AGP’s concerns about ‘poor financial affairs’

EDITORIAL: No wonder the Auditor General of Pakistan (AGP) has expressed “serious concern” about the country’s...

Published 31 Aug, 2024 06:55am

Plight of prisoners

EDITORIAL: A key, but often ignored, aspect of our broken criminal justice system is the state of our prisons and ...

Published 31 Aug, 2024 06:55am

Persistence of poliovirus

EDITORIAL: In the fight against poliovirus we seem to be taking one step forward and two steps back. So far this ...

Published 31 Aug, 2024 06:55am

PSA takes strong steps to check substandard solar imports

KARACHI: Pakistan Solar Association (PSA) is doing its utmost to ensure a stable and reliable supply of solar panels...

Published 31 Aug, 2024 06:55am

Weekly SPI inflation down 0.62pc

ISLAMABAD: The Sensitive Price Index (SPI)-based inflation for the week ended August 29, 2024, decreased by 0.62 per...

Published 31 Aug, 2024 06:55am

Provisional collection stands at Rs785bn in 30 days

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 785 billion during first 30 days of...

Published 31 Aug, 2024 06:55am

Investors participating in IPOs being facilitated

KARACHI: Pakistan Stock Exchange (PSX) and Central Depository Company of Pakistan Limited (CDC), under the aegis of...

Published 31 Aug, 2024 06:55am

World Bank team briefed about Pesco’s new projects

PESHAWAR: A team of the World Bank visited the Peshawar Electric Supply Company head office in Peshawar and held a...

Published 31 Aug, 2024 06:55am

Industry

SECP appoints Salman as religious board head

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has appointed Salman Hamid Afridi as the...

Published 31 Aug, 2024 06:55am

Taxes

PRA notifies operation of Bahawalpur office

LAHROE: In line with the directives of the Punjab chief minister, the Punjab Revenue Authority (PRA) has officially...

Published 31 Aug, 2024 06:55am

PESSI approves Rs36bn surplus budget for FY2024-25

LAHORE: The Punjab Employees Social Security Institution (PESSI) governing body has approved a surplus budget of Rs...

Published 31 Aug, 2024 06:55am

Industry

Additional WHT on edibles: KWGA says will observe strike today

KARACHI: Karachi Wholesale Grocers Association (KWGA) has announced to hold a shutter-down strike Friday (today)...

Published 31 Aug, 2024 06:55am

Industry

FPCCI, SECP organise seminar

LAHORE: Federation of Pakistan Chamber of Commerce and Industry (FPCCI) and Securities and Exchange Commission of...

Published 31 Aug, 2024 06:55am

Industry

LCCI elections: PPPA announces names of its candidates

LAHORE: The Piaf Pioneer Progressive Alliance (PPPA) has unanimously announced the names of its all candidates for...

Published 31 Aug, 2024 06:55am

Industry

LCCI, PSQCA sign MoU

LAHORE: The Lahore Chamber of Commerce & Industry and Pakistan Standards and Quality Control Authority (PSQCA)...

Published 31 Aug, 2024 06:55am

Companies

IMC bags awards at Environment, Health and Safety Summit

KARACHI: Indus Motor Company (IMC) has been recognised for its outstanding commitment to global sustainability goals...

Published 31 Aug, 2024 06:55am

Taxes

Reintroduction of sales tax on advances: KTBA seeks guidelines on advance invoices’ declaration

KARACHI: Taxpayers in Karachi are grappling with significant challenges in paying sales tax and claiming ...

Published 31 Aug, 2024 06:55am

Companies

H1 ended June 30th: ABL posts Rs23.641bn PAT

LAHORE: Allied Bank is committed to offering top-tier global services to its customers, striving to be their...

Updated 31 Aug, 2024 08:22am

Money & Banking

Australia, NZ currencies hold hefty monthly gains

SYDNEY: The Australian and New Zealand dollars were looking to close out the month with sizable gains on Friday as...

Published 31 Aug, 2024 06:55am

Money & Banking

US dollar gains after inflation data

NEW YORK: The US dollar gained on Friday after data showed a key inflation measure came in line with forecasts, ...

Published 31 Aug, 2024 06:55am

Money & Banking

Asian currencies set for monthly gains

BENGALURU: Most emerging Asian currencies were set on Friday for monthly gains despite falling during the day, while...

Published 31 Aug, 2024 06:55am

Companies

CCP recovers Rs5m penalty from Wateen Telecom

ISLAMABAD: The Competition Commission of Pakistan (CCP) has successfully recovered a penalty of Rs 5 million from...

Published 31 Aug, 2024 06:55am

Failed coup of May 9: Minister terms KP govt’s move to form probe commission ‘ridiculous’

LAHORE: Punjab Information Minister Azma Bokhari stated that the Khyber Pakhtunkhwa government’s decision to form...

Updated 31 Aug, 2024 08:04am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98
Hang Seng / Jan 21	20,098.89
FTSE 100 / Jan 21	8,529.98
Germany DAX 30 / Jan 21	20,988.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Petrol/Litre / Jan 21	256.13
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Diesel/Litre / Jan 21	260.95

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
786 Invest Ltd / Jan 21 786 Investments Limited(786)	10.98 ▲ 1.00 (10.02%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	45.21 ▼ -5.02 (-9.99%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.62 ▼ -1.62 (-8.88%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9 ▼ -0.81 (-8.26%)
Dadabhoy Cement / Jan 21 Dadabhoy Cement Industries Limited(DBCI)	5.10 ▼ -0.43 (-7.78%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	526 ▼ -43.96 (-7.71%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	111,866,059 ▲ 0.44
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	69,297,556 ▲ 0.05
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	64,182,488 ▼ -0.09
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.94
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	51,882,881 ▲ 0.34
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.39
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	23,353,008 ▼ -1.60
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -5.02
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	21,890,802 ▼ -1.62

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