News Archives for Print - 2024-09-02

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Print - 2024-09-02

FAPUASA concerned at ‘crises’ in over 25 varsities across Punjab

LAHORE: The Federation of All Pakistan Universities Academic Staff Association (FAPUASA), led by its President, Dr...

Published 02 Sep, 2024 08:04am

RIPHAH joins hands with BISP for public empowerment through skills development programme

ISLAMABAD: Representatives from Riphah International University held an important meeting with Senator Rubina ...

Published 02 Sep, 2024 08:04am

Companies

ONIC sets groundbreaking telecom benchmarks with digital connectivity

ISLAMABAD: ONIC, a pioneering digital telco brand that launched just a year ago, has made a remarkable impact on...

Published 02 Sep, 2024 08:03am

CM praises Ali Geelani

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif in her message on the death anniversary of Kashmiri leader Syed ...

Published 02 Sep, 2024 08:01am

Sikh pilgrims: Foundation stone laid for new building at Nankana Sahib

LAHORE: In order to facilitate Sikh pilgrims at Nankana Sahib, Provincial Minister for Minority Affairs and ...

Published 02 Sep, 2024 08:00am

CM lauds social services of Akhuwat chairman

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif met the Founder and Chairman Akhuwat Doctor Amjad Saqib and lauded...

Published 02 Sep, 2024 07:58am

CM to launch ‘Children’s Heart Surgery Programme’ soon

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif will soon launch the “Chief Minister’s Children’s Heart...

Published 02 Sep, 2024 07:57am

12th Rabi-ul-Awwal: CCPO reviews security measures

LAHORE: Capital City Police Officer Bilal Siddique Kamyana reviewed overall law and order situation and other...

Published 02 Sep, 2024 07:55am

NUST initiative ‘FICS ’24’ concludes

ISLAMABAD: Grand finale and prize distribution ceremony of Finding Innovative & Creative Solutions (FICS 2024), ...

Published 02 Sep, 2024 07:54am

DC visits FIEDMC

FAISALABAD: Deputy Commissioner Captain Nadeem Nasir (retd) visited Faisalabad Industrial Estate Development and...

Published 02 Sep, 2024 07:47am

Mpox virus: current situation, preventive steps to be discussed tomorrow

ISLAMABAD: As Monkeypox cases are rising in the country, the government on Sunday convened an important meeting on...

Published 02 Sep, 2024 07:44am

Ban on kite flying laws spark concern

LAHORE: The recent imposition of stricter laws on kite flying in Punjab, despite an existing ban, has sparked...

Published 02 Sep, 2024 07:42am

Stocks

FTSE 100 hits 3-month high amid rate-cut hopes

LONDON: The UK’s main stock index hit over a three-month high on Friday, clocking gains for the topsy-turvy month,...

Published 02 Sep, 2024 07:40am

Stocks

Most Gulf markets gain on US rate cut prospects

DUBAI: Most Gulf markets ended higher on Sunday, extending gains from the previous session, after data supported the...

Published 02 Sep, 2024 07:38am

Money & Banking

Indian rupee ends flat

MUMBAI: The Indian rupee ended little changed on Friday as dollar demand from state-run banks offset the impact of...

Published 02 Sep, 2024 07:37am

Harris is more predictable than Trump: Kremlin

MOSCOW: Russia sees US Democratic presidential candidate Kamala Harris as a more predictable opponent than ...

Published 02 Sep, 2024 06:40am

Israel set for general strike after Gaza hostages found dead

GAZA STRIP, (Palestinian Territories): Israel’s main union on Sunday ordered a nationwide general strike after...

Published 02 Sep, 2024 06:40am

Erdogan, MBS discusses Gaza, Turkish presidency says

ISTANBUL: Turkish President Tayyip Erdogan discussed Gaza as well as regional and global developments in a phone ...

Published 02 Sep, 2024 06:40am

Middle East

Gaza parents rush to vaccinate kids against polio despite fear of violence

AL-ZAWAYDA (Palestinian Territories): Ghadir Hajji rushed to a clinic on Sunday in hopes her five children would be...

Published 02 Sep, 2024 06:40am

USA

Thousands of US hotel workers strike as contract talks break down

NEW YORK: Some 10,000 US hotel workers began a multi-day strike in several cities on Sunday after contract talks ...

Published 02 Sep, 2024 06:40am

Africa

African leaders in Beijing eyeing big loans and investment

BEIJING: African leaders descend on China’s capital this week, seeking funds for big-ticket infrastructure ...

Published 02 Sep, 2024 06:40am

Europe

Russia says it will change nuclear doctrine because of Western role in Ukraine

LONDON: Russia will make changes to its doctrine on the use of nuclear weapons in response to what it regards as...

Published 02 Sep, 2024 06:40am

PFF, Forward Sports and Capitals Sports sign MoU

LAHORE: To showcase the worldwide contributions of the Sialkot football manufacturing industry, the Pakistan ...

Published 02 Sep, 2024 06:40am

CM to decide whether SPCL to be held in Qatar or Sindh: minister

KARACHI: An important meeting was held between Sindh Minister for Sports and Youth Affairs, Sardar Muhammad Bux...

Published 02 Sep, 2024 06:40am

FIA foils passenger’s bid to travel abroad on fake documents

KARACHI: The Federal Investigation Agency (FIA) Immigration Wing on Sunday foiled an attempt of a passenger to ...

Published 02 Sep, 2024 06:40am

The Weather

KARACHI: The weather report on Sunday (September 01, 2024) and the forecast for Monday (September 02, 2024)....

Published 02 Sep, 2024 06:40am

Zardari, PM pay tribute to Ali Shah Geelani

ISLAMABAD: President Asif Ali Zardari and Prime Minister Shehbaz Sharif on Sunday paid rich tribute to iconic...

Published 02 Sep, 2024 06:40am

Gilani calls for dialogue among all political parties including PTI

ISLAMABAD: The Chairman Senate Yousaf Raza Gilani on Sunday called for dialogue among all political parties ...

Published 02 Sep, 2024 06:40am

Remarks made by Bengali: federal govt clarifies its stance

ISLAMABAD: The federal government on Sunday clarified its stance about the remarks made by Dr Kaiser Bengali,...

Published 02 Sep, 2024 06:40am

Senator Mushtaq released

ISLAMABAD: The head of the Save Gaza campaign and former Jamaat-e-Islami (JI) senator Mushtaq Ahmed, his wife and...

Published 02 Sep, 2024 06:40am

Kashmir issue: FO rejects Indian narrative about ‘unilateral solution’

ISLAMABAD: In response to media queries regarding the recent statement made on Jammu and Kashmir by India’s...

Published 02 Sep, 2024 06:40am

Bugti says efforts afoot to end terrorism in Balochistan

LAHORE: Balochistan Chief Minister Mir Sarfaraz Ahmed Bugti said on Sunday that no Baloch had killed any Punjabi but...

Published 02 Sep, 2024 06:40am

Alkhidmat launches fourth edition of Bano Qabil programme

KARACHI: Alkhidmat Karachi on Sunday September 1, 2024, launched the fourth edition of the Bano Qabil program,...

Published 02 Sep, 2024 06:40am

Sindhi handicrafts: Diplomats show keen interest in KCFR exhibition

KARACHI: The Karachi Council on Foreign Relations (KCFR) organized a vibrant exhibition on last night to promote the...

Published 02 Sep, 2024 06:40am

Rains expected in Balochistan amid cyclone impact

QUETTA: Pakistan Meteorological Department said on Sunday that the cyclonic storm ASNA over northwest Arabian Sea...

Published 02 Sep, 2024 06:40am

Repair of roads to begin after rain season: mayor

KARACHI: Mayor Karachi Barrister Murtaza Wahab said that road repair and construction work is being commenced after...

Published 02 Sep, 2024 06:40am

PDP demands probe into ‘poor’ construction of roads in Karachi

KARACHI: Majority of the roads of Karachi went extremely damaged in recent rains which has exposed their substandard...

Published 02 Sep, 2024 06:40am

PTI criticises Sindh govt’s handling of rain situation

KARACHI: Pakistan Tehreek-e-Insaf (PTI) Sindh President Haleem Adil Sheikh has expressed grave concerns over the...

Published 02 Sep, 2024 06:40am

Axle load curbs on highways and GT Road: Minister introduces tougher measures

ISLAMABAD: Federal Minister for Communications, Privatisation, and Board of Investment Abdul Aleem Khan on Sunday ...

Published 02 Sep, 2024 06:40am

TECNO, Hope Uplift Foundation to promote technological education

LAHORE: TECNO, Pakistan’s leading smartphone brand, has joined hands with Hope Uplift Foundation in an initiative...

Published 02 Sep, 2024 06:40am

Minister slams PTI supporters

LAHORE: Punjab Information Minister Azma Bokhari has said that PTI supporters have become blind, deaf, and dumb due...

Published 02 Sep, 2024 06:40am

KMU strengthens support for Afghan students

PESHAWAR: Vice Chancellor of Khyber Medical University (KMU) Peshawar Prof Dr. Zia Ul Haq stated that Afghanistan is...

Published 02 Sep, 2024 06:40am

Monthly stipend of national legends’ families raised

KARACHI: A high-level meeting was held at Governor House under the chairmanship of Governor Sindh and ...

Updated 02 Sep, 2024 08:18am

Inflation decline, credit rating hike: PM derives satisfaction from indicators

Says government committed to economic reforms

Updated 02 Sep, 2024 03:28pm

PSDP projects: Ministries, Divisions asked to ‘cut your coat according to cloth’

ISLAMABAD: Ministry of Planning, Development and Special Initiatives (M/oPD&SI) has advised all Ministries/...

Updated 02 Sep, 2024 09:31am

Jul-Aug: there’s Rs98bn shortfall, admits FBR

Despite higher tax rates, net collection stands at Rs1,456 billion against assigned target of Rs1,554 billion during two-month period

Updated 02 Sep, 2024 11:56am

Rates

PSX remains under pressure

KARACHI: Pakistan Stock Exchange remained under pressure during the outgoing week ended on August 30, 2024 due to...

Published 02 Sep, 2024 06:40am

Rates

Futures spread down 621bps

KARACHI: The futures spread declined by 621bps to 11.45 percent on the last day of the outgoing week. Trading...

Published 02 Sep, 2024 06:40am

‘PC (Amendment) Bill, 2024’ to be presented in NA today

ISLAMABAD: The government on Monday (today) would present “The Privatisation Commission (Amendment) Bill, 2024” in...

Updated 02 Sep, 2024 09:13am

Conversion of power plants to Thar coal: Govt likely to ask local banks for financing

ISLAMABAD: The government is likely to ask local banks to finance conversion of imported coal projects to Thar coal...

Updated 02 Sep, 2024 03:28pm

PQEPC exploring options to resolve its financial woes

ISLAMABAD: Port Qasim Electric Power Company Limited (PQEPC) has reportedly discussed debt restructuring, loan...

Updated 02 Sep, 2024 09:22am

2024-25: PSDP allocation for NHA cut to Rs161.264bn

ISLAMABAD: A mere two months into the fiscal year, the government slashed the Public Sector Development Programme...

Updated 02 Sep, 2024 09:37am

PTI denies holding negotiations with govt

ISLAMABAD: Chairman Pakistan Tehreek-e-Insaf (PTI) Barrister Gohar Ali Khan on Sunday categorically denied having...

Updated 02 Sep, 2024 09:09am

Rates

Marginal decline

KARACHI: The rupee depreciated marginally during the previous week as it lost Re0.04 or 0.01% against the US ...

Published 02 Sep, 2024 06:40am

CAA issues new guidelines on boarding in response to complaints

KARACHI: The Civil Aviation Authority (CAA) has implemented new guidelines to address passenger complaints regarding...

Published 02 Sep, 2024 06:40am

Stocks

Miners, energy push Australian shares higher

SYDNEY: Australian shares rose on Friday, boosted by gains in mining and energy stocks amid a slew of corporate...

Published 02 Sep, 2024 06:40am

Stocks

Wall Street Week Ahead: US stock rally broadens as investors await Fed

NEW YORK: A broadening rally in US stocks is offering an encouraging signal to investors worried about concentration...

Published 02 Sep, 2024 06:40am

Commodities

Prices of essential food items show a mixed trend

According to...

Published 02 Sep, 2024 06:40am

Cotton & Textile

Weekly Cotton Review: Prices surge significantly as rains affect supply

KARACHI: A significant surge has been observed in cotton prices, with a Rs1000 per maund increase in spot rates. The...

Published 02 Sep, 2024 06:40am

Stability versus general well-being

Minister for Finance Muhammad Aurangzeb since he took oath ten days less than six months on 12 March 2024 has...

Updated 02 Sep, 2024 07:16am

The IPP negotiation dilemma: govt required to step back?

Negotiations with Independent Power Producers (IPPs), particularly those involving local owners under the 1994 and...

Updated 02 Sep, 2024 07:22am

The power sector conundrum

EDITORIAL: The petroleum minister recently informed the Senate Standing Committee that a massive power generation...

Updated 02 Sep, 2024 07:10am

Confronting the malnutrition crisis

EDITORIAL: The state of women’s health in Pakistan has long been undermined by governmental neglect and deeply...

Updated 02 Sep, 2024 07:12am

Letters

‘Innovative solutions to terrorism and extremism’

This is apropos my letter to the Editor ‘Innovative solutions to terrorism and extremism’ carried by the...

Published 02 Sep, 2024 06:40am

A requiem for manufacturing?

Amidst a deepening economic crisis, the government seems intent on pushing the economy’s most vital sector—the...

Updated 02 Sep, 2024 07:25am

Energy

Major Qatari plant to double solar capacity by 2030: minister

DOHA: A large new solar plant planned in Qatar will double the Gulf emirate’s previously projected renewable ...

Published 02 Sep, 2024 06:40am

Rates

Automart: car prices in Karachi

Rates in the week ended Sunday September 01, 2024

Published 02 Sep, 2024 06:40am

China to pitch green tech exports to African leaders

BEIJING/NAIROBI: China will urge a summit of 50 African nations in Beijing this week to take more of its goods,...

Published 02 Sep, 2024 06:40am

Taxes

President confirms FTO’s order against FBR’s ‘coercive measures’

ISLAMABAD: President Asif Ali Zardari has confirmed a landmark order issued by Federal Tax Ombudsman (FTO), who has...

Published 02 Sep, 2024 06:40am

Industry

HCSTSI president for bolstering border trade to boost economic activities

HYDERABAD: President, Hyderabad Chamber of Small Traders & Small Industry, Muhammad Farooq Shaikhani, has...

Published 02 Sep, 2024 06:40am

Industry

BF will win SCCI election on performance basis: Bilour

PESHAWAR: Businessman Forum leader former senator Ilyas Ahmad Bilour is highly optimistic over prospects of the...

Published 02 Sep, 2024 06:40am

Higher taxation: BMP says govt has failed to pass on oil price decline to consumers

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel has sought reduction in...

Updated 02 Sep, 2024 09:12am

Money & Banking

Canadian dollar falls against the greenback

TORONTO: The Canadian dollar held on to much of its monthly gain against its US counterpart on Friday as investors...

Published 02 Sep, 2024 06:40am

Companies

Dragons of Pakistan: Faysal Bank secures a ‘Silver Dragon’

KARACHI: The “Dragons of Pakistan” which is an extension of the international ‘Dragons of Asia’ are...

Published 02 Sep, 2024 06:40am

Industry

KP-EZDMC CEO removed in violation of rules, procedures?

PESHAWAR: The PTI government in Khyber Pakhtunkhwa has removed Chief Executive Officer (CEO) Khyber Pakhtunkhwa...

Published 02 Sep, 2024 06:40am

Goldman Sachs to lay off over 1,300 employees, WSJ reports

Companies

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 20	278.70
USD PKR Interbank Buying / Jan 20	278.50
USD to Japanese Yen / Jan 20	154.99
USD to Swiss Franc / Jan 20	0.91
Pound Sterling to USD / Jan 20	1.23
Euro to USD / Jan 20	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 20	77,073.44
Tokyo Nikkei / Jan 20	38,951.77
Hang Seng / Jan 20	20,075.11
FTSE 100 / Jan 20	8,520.54
Germany DAX 30 / Jan 20	20,990.31

Item	Value
Crude Oil USD/Barrel / Jan 20	76.74
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Gold Spot USD/Ounce / Jan 20	2,724.84
Cotton US¢/pound / Jan 20	67.80
Petrol/Litre / Jan 21	256.13

Gainers
Losers
Leaders

Stock	Price
Bank Makramah / Jan 20 Bank Makramah Limited(BML)	3.61 ▲ 0.91 (33.70%)
Burj Clean Energy Modaraba / Jan 20 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.60 ▲ 1.00 (13.16%)
Apna Microfin. / Jan 20 Apna Microfinance Bank Limited(AMBL)	10.50 ▲ 0.97 (10.18%)
I.C.C. Ind. / Jan 20 ICC Industries Limited(ICCI)	11.61 ▲ 1.06 (10.05%)
Loads Limited / Jan 20 Loads Limited(LOADS)	17 ▲ 1.55 (10.03%)
AKD Securities / Jan 20 AKD Securities Limited(AKDSL)	24.93 ▲ 2.27 (10.02%)
Ghani Chem. Ind. / Jan 20 Ghani Chemical Industries Limited(GCIL)	18.24 ▲ 1.66 (10.01%)
Attock Cement / Jan 20 Attock Cement Pakistan Limited(ACPL)	254.47 ▲ 23.13 (10.00%)
Baba Farid Sugar / Jan 20 Baba Farid Sugar Mills Limited(BAFS)	53.44 ▲ 4.86 (10.00%)

Stock	Price
Hussain Industries / Jan 20 Husein Industries Limited(HUSI)	31.09 ▼ -3.45 (-9.99%)
Faisal Sp. / Jan 20 Faisal Spinning Mills Limited(FASM)	334.01 ▼ -35.89 (-9.70%)
Parmount Sp. / Jan 20 Paramount Spinning Mills Limited(PASM)	4.61 ▼ -0.44 (-8.71%)
Sindh Abadgar / Jan 20 Sindh Abadgar's Sugar Mills Limited(SASML)	38.04 ▼ -3.46 (-8.34%)
MithchellsFruit / Jan 20 Mitchells Fruit Farms Limited(MFFL)	279 ▼ -24.10 (-7.95%)
LSE Financial Serv. / Jan 20 LSE Financial Services Limited(LSEFSL)	19.26 ▼ -1.62 (-7.76%)
AN Textile Mill / Jan 20 AN Textile Mills Limited(ANTM)	11.80 ▼ -0.99 (-7.74%)
Service Textile / Jan 20 Service Industries Textiles Limited(SERT)	13.82 ▼ -1.16 (-7.74%)
Masood Textile / Jan 20 Masood Textile Mills Limited(MSOT)	52.02 ▼ -4.22 (-7.50%)

Stock	Volume
WorldCall Telecom / Jan 20 Worldcall Telecom Limited(WTL)	101,934,297 ▼ -0.01
Lotte Chemical / Jan 20 Lotte Chemical Pakistan Limited(LOTCHEM)	59,408,954 ▲ 1.94
Bank Makramah / Jan 20 Bank Makramah Limited(BML)	57,604,421 ▲ 0.91
Hub Power Co. / Jan 20 The Hub Power Company Limited(HUBC)	36,888,747 ▲ 0.70
Hascol Petrol / Jan 20 Hascol Petroleum Limited(HASCOL)	32,496,536 ▲ 0.17
Dewan Motors / Jan 20 Dewan Farooque Motors Limited(DFML)	28,438,701 ▲ 1.02
Citi Pharma Ltd / Jan 20 Citi Pharma Ltd.(CPHL)	24,244,731 ▲ 7.71
Maple Leaf Cement / Jan 20 Maple Leaf Cement Factory Limited(MLCF)	19,741,577 ▲ 2.08
The Searle Co. / Jan 20 The Searle Company Limited(SEARL)	17,062,686 ▲ 4.29

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