News Archives for Print - 2024-09-08

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Print - 2024-09-08

Family demands independent probe

OCCUPIED JERUSALEM: The family of a Turkish-American woman shot dead while demonstrating against Israeli settlements...

Published 08 Sep, 2024 02:42am

Europe

UK and US spy chiefs warn of threat to world order

LONDON: CIA Director Bill Burns and UK MI6 chief Richard Moore warned on Saturday that the world order was “under...

Published 08 Sep, 2024 02:42am

Without astronauts, Boeing’s Starliner returns to Earth

WASHINGTON: Boeing’s Starliner spacecraft landed uncrewed in a New Mexico desert late on Friday, capping a...

Published 08 Sep, 2024 02:42am

New York judge delays Trump sentencing until after US election

NEW YORK: Sentencing for Donald Trump in his New York hush money trial was delayed Friday until after November’s...

Published 08 Sep, 2024 02:42am

Pak-England test series to be held in Pakistan: PCB chairman

LAHORE: Pakistan Cricket Board (PCB) Chairman Mohsin Raza Naqvi said on Saturday that the English Cricket Board is...

Published 08 Sep, 2024 02:42am

SHC issues notices to govt, Nepra over capacity payments

KARACHI: The Sindh High Court (SHC) on Saturday issued notices to the federal government, Nepra, federal secretary...

Published 08 Sep, 2024 02:42am

CTD arrests 33 terrorists of banned outfits

LAHORE: The Counter Terrorism Department (CTD) has foiled a major terror plot by arresting 33 terrorists linked with...

Published 08 Sep, 2024 02:42am

Azma issues warning to ‘Fitna party’

LAHORE: Information Minister Punjab Azma Bokhari has warned that if the “Fitna party” incites chaos, hatred, or...

Published 08 Sep, 2024 02:42am

Marriyum heaps praise on Punjab CM for taking steps to deal with smog challenge

LAHORE: Senior Provincial Minister Marriyum Aurangzeb has said that Punjab Chief Minister Punjab Maryam Nawaz Sharif...

Published 08 Sep, 2024 02:42am

President pays tribute to security forces

ISLAMABAD: President Asif Ali Zardari on Saturday paid tribute to the security forces for a successful operation...

Published 08 Sep, 2024 02:42am

Foreign contributions: LHC allows petition of HRCP

LAHORE: The Lahore High Court (LHC) held that without the sanction of law, no policing powers are available nor ...

Published 08 Sep, 2024 02:42am

May 9 riots cases: ATC adjourns proceedings to 10th

LAHORE: The Anti-Terrorism Court on Saturday adjourned to September 10 the proceedings in petitions of former PTI...

Published 08 Sep, 2024 02:42am

‘Govt must launch national dialogue to compensate farmers’

LAHORE: The government must launch a ‘national dialogue’ aimed at developing strategies to compensate farmers ...

Published 08 Sep, 2024 02:42am

Pakistani resident of Canada arrested on US terror charges

WASHINGTON: A Pakistani man living in Canada has been arrested on charges of plotting to carry out an attack on Jews...

Published 08 Sep, 2024 02:42am

Border trade in Balochistan

Balochistan, Pakistan’s largest province in terms of area, plays a crucial role in the country’s border trade....

Published 08 Sep, 2024 02:42am

Final phase of ‘Digital Curation of Taxila Museum’ project initiated

LAHORE: The Punjab Archaeology Department has commenced the final phase of the ‘Digital Curation of Taxila...

Published 08 Sep, 2024 02:42am

PHEC, private universities sign MoU

LAHORE: Punjab Higher Education Commission (PHEC), Lahore, has signed an MoU with 5 leading private universities...

Published 08 Sep, 2024 02:42am

Chinese envoy visits Karachi Nuclear Power Plants

KARACHI: Chinese Ambassador H.E Jiang Zaidong on Saturday visited Karachi Nuclear Power Plants K-2 & K-3. He is...

Published 08 Sep, 2024 02:42am

Consumers’ complaints: IESCO summons contractors engaged in AMI installation in twin cities

ISLAMABAD: The management of Islamabad Electric Supply Company (IESCO) has summoned both contractors on Monday...

Published 08 Sep, 2024 02:42am

Lahore-Okara Railways track; computer based system fully operational

LAHORE: The technical issues on the Lahore-Okara railway track have been resolved and the computer-based ...

Published 08 Sep, 2024 02:42am

Letters

‘Xinjiang, Balochistan and FATA’

This is apropos to two back-to-back letters titled ‘Xinjiang, Balochistan and FATA’ Xinjiang now boasts a state...

Published 08 Sep, 2024 02:42am

‘PTA does possess certain tools to monitor, control internet traffic’

ISLAMABAD: While registration may help the Pakistan Telecommunication Authority (PTA) to monitor Virtual Private...

Published 08 Sep, 2024 02:42am

Meta to support youth’s digital citizenship

ISLAMABAD: Simon Milner, Meta’s Vice President of Public Policy for the Asia Pacific region, joined Talha Ahad ...

Published 08 Sep, 2024 02:42am

Energy

Allegations of illegal gas sales unfounded: PEL

ISLAMABAD: Petroleum Exploration Limited (PEL) says Frontier Holding Limited (FHL), Spud Energy Pty Limited (SPUD)...

Published 08 Sep, 2024 02:42am

Some bus operators filing cases despite facilities at new terminal: Sharjeel

KARACHI: Sindh Senior Minister Sharjeel Inam Memon on Saturday said that despite the provision of a free shuttle...

Published 08 Sep, 2024 02:42am

Sindh Community Foundation celebrates Int’l Literacy Day

HYDERABAD: On the eve of International Literacy Day, the Sindh Community Foundation (SCF), in collaboration with its...

Published 08 Sep, 2024 02:42am

JI chief denounces recent legislation about ICT rallies

LAHORE: Chief of Jamaat-e-Islami Hafiz Naeem ur Rehman has denounced the recently introduced legislation aimed at...

Published 08 Sep, 2024 02:42am

Karachi: report says over 1,400 people lost their lives in road traffic accidents in 2023

KARACHI: Motorcycles are a common mode of transport in Pakistan, particularly among middle-income families. While...

Published 08 Sep, 2024 02:42am

Hostile forces focus on Balochistan to weaken Pakistan, says Zahid

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

Published 08 Sep, 2024 02:42am

KEMU budget 2024-25 approved: Governor advocates merit for development

LAHORE: Governor Punjab Sardar Saleem Haider Khan said on Saturday that they have no option but to ensure merit for...

Published 08 Sep, 2024 02:42am

Energy

US natural gas prices rise

NEW YORK: US natural gas futures edged up about 1% to an eight-week high on Friday as the amount of gas flowing to...

Published 08 Sep, 2024 02:42am

Energy

Oil prices settle down

NEW YORK: Oil prices settled 2% lower on Friday, with a big weekly loss after data US jobs data was weaker than...

Published 08 Sep, 2024 02:42am

Cotton & Textile

Little business activity on cotton market

LAHORE: The local cotton market on Saturday remained steady and the trading volume remained low. Cotton Analyst...

Published 08 Sep, 2024 02:42am

The Weather

KARACHI: The weather report on Saturday (September 07, 2024) and the forecast for Sunday (September 08, 2024)....

Published 08 Sep, 2024 02:42am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (September 07, 2024). =======================================...

Published 08 Sep, 2024 02:42am

Peaceful protests, public order: President signs bill into law

ISLAMABAD: President Asif Ali Zardari, Saturday, gave his assent to “the Peaceful Protest and Public Order Bill...

Updated 08 Sep, 2024 06:08pm

SCO MMFETA on 12th

ISLAMABAD: The 23rd Meeting of the Ministers for Foreign Economic and Foreign Trade Activity (MMFETA) of the SCO...

Updated 08 Sep, 2024 02:14pm

Reko Diq project: AGP objects to Rs89.55bn GHPL investment in USD

ISLAMABAD: The Auditor General of Pakistan (AGP) has raised serious objection to the Rs89.550 billion investment in...

Updated 08 Sep, 2024 11:35pm

AGP flags major discrepancy in tax collection

The latest audit report of the Auditor General of Pakistan reveals that withholding taxes were indirect but were being collected as direct taxes by the FBR

Updated 08 Sep, 2024 09:34pm

Economic planning: Policy board set up

ISLAMABAD: Federal Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal has constituted a...

Updated 08 Sep, 2024 06:49pm

Before removal, employee must be given fair opportunity to respond: SC

ISLAMABAD: The Supreme Court noted that before removing from a job or taking any adverse action against any...

Updated 08 Sep, 2024 09:55am

Gohar accepts Omar’s resignation

ISLAMABAD: Under pressure from party workers, Pakistan Tehreek-e-Insaf (PTI) chairman Gohar Ali Khan on Saturday...

Updated 08 Sep, 2024 09:55am

$77.8m ‘Recharge Pakistan’ project being launched on 10th

ISLAMABAD: The $77.8 million “Recharge Pakistan” project that aims to improve the resilience of some of the...

Updated 08 Sep, 2024 09:56am

Electricity arrears: KP to move CCI against deductions at source by MoF

ISLAMABAD: The Khyber Pakhtunkhwa government has decided to take up the issue of at-source deductions of Rs 3.426...

Updated 08 Sep, 2024 09:58am

IK files acquittal plea in Al-Qadir Trust scam case

**ISLAMABAD: The incarcerated Pakistan Tehreek-e-Insaf (PTI) founding chairman, Imran Khan, on Saturday, filed an...

Updated 08 Sep, 2024 10:00am

PTI rally today: Khan introduces major changes to party’s organizational structure

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founder and former Prime Minister Imran Khan has introduced major changes...

Updated 08 Sep, 2024 10:02am

Good intentioned but flawed legislation

EDITORIAL: We have many good laws but implementation is either weak or lopsided. The Punjab government is in the...

Published 08 Sep, 2024 02:42am

Challenges afflicting the economy

EDITORIAL: A recent report of the finance ministry, published on September 2, has highlighted the primary challenges...

Published 08 Sep, 2024 02:42am

Commodities

Gold prices fall sharply

KARACHI: The local gold prices saw a sharp decline on Saturday as international bullion values dropped below $2,500...

Published 08 Sep, 2024 02:42am

Taxes

Refund relief given by appellate forums: FTO orders probe against FBR, its wing for violation

ISLAMABAD: The Federal Tax Ombudsman (FTO) has ordered an investigation against the Federal Board of Revenue (FBR),...

Published 08 Sep, 2024 02:42am

Prices of essential kitchen items show a mixed trend

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

Published 08 Sep, 2024 02:42am

Commodities

EU wheat ends week higher

PARIS: Benchmark wheat prices on Euronext edged up on Friday to post a weekly gain as short-covering after recent...

Published 08 Sep, 2024 02:42am

Commodities

Malaysian palm oil easier

JAKARTA: Malaysian palm oil booked a weekly loss on Friday, while the market is expecting the Malaysian Palm Oil...

Published 08 Sep, 2024 02:42am

Commodities

Subdued activity on Vietnam coffee market

HANOI/ BANDAR LAMPUNG, (Indonesia): Trading activities remained tepid in Vietnam as traders and buyers await new...

Published 08 Sep, 2024 02:42am

Commodities

Dalian iron ore extends losses

SINGAPORE: Dalian iron ore futures prices fell for the sixth straight session on Friday and were on track for their...

Published 08 Sep, 2024 02:42am

Commodities

India to extend sugar export ban to boost local supplies

MUMBAI: India plans to extend a ban on sugar exports for the second straight year as the world’s biggest consumer...

Published 08 Sep, 2024 02:42am

Commodities

Japanese rubber futures rebound

SINGAPORE: Japanese rubber futures rose to snap a four-day losing streak on Friday, buoyed by supply disruptions and...

Published 08 Sep, 2024 02:42am

Commodities

Gold drops from near-record level

BENGALURU: Gold prices eased on Friday, retreating from near-record levels reached earlier in the session, after...

Published 08 Sep, 2024 02:42am

Commodities

Copper drifts lower after US jobs data

LONDON: Copper prices were on track for the biggest weekly fall since July on Friday as mixed US jobs data and a...

Published 08 Sep, 2024 02:42am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (September 07, 2024)...

Published 08 Sep, 2024 02:42am

Commodities

Robusta coffee price rally boosts crop expansion in Brazil

SAO PAULO: The two-year robusta coffee rally to record high prices last week has given investors and farmers a rush...

Published 08 Sep, 2024 02:42am

Commodities

Soybeans, wheat and corn fall on profit taking

CHICAGO: Chicago soybean futures slid on Friday on expectations of large US yields and profit taking following a...

Published 08 Sep, 2024 02:42am

Industry

PPWSA seeks concessions in WHT at par with commercial importers

ISLAMABAD: The Pakistan Polypropylene Woven Sack Manufacturers Association (PPWSA) has sought similar concessions in...

Published 08 Sep, 2024 02:42am

Industry

Poor civic infrastructure irks traders

KARACHI: Traders on Saturday showed deep concerns over the dilapidated infrastructure, saying the once a luminous...

Published 08 Sep, 2024 02:42am

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
Petrol/Litre / Dec 24	252.10
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
Diesel/Litre / Dec 24	255.38

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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