News Archives for Print - 2024-09-17

<<>>

Print - 2024-09-17

PM to leave for UK, US on 21st

ISLAMABAD: Prime Minister Shehbaz Sharif will leave on a tour to the UK and the USA on September 21. Diplomatic...

Published 17 Sep, 2024 06:33am

Columnists cut ties with Jewish newspaper over Gaza claims

LONDON: A number of prominent columnists have quit British weekly the Jewish Chronicle after it published ...

Published 17 Sep, 2024 06:33am

Climate-resilience projects: PM reaffirms desire to work with uplift partners

ISLAMABAD: Prime Minister Shehbaz Sharif has reaffirmed Pakistan’s keen desire to work with the development...

Published 17 Sep, 2024 06:33am

Suspect in Trump assassination attempt charged with gun crimes

WASHINGTON: A man suspected of attempting to assassinate Donald Trump was charged with two gun-related crimes in...

Published 17 Sep, 2024 06:33am

Sixth mpox case confirmed in Pakistan

ISLAMABAD: The Ministry of National Health Services and Regulations, Monday, announced confirmation of sixth mpox...

Published 17 Sep, 2024 06:33am

Reserved seats: ECP dragging its heels on implementation of SC’s clarification order?

ISLAMABAD: The electoral entity has failed to take the requisite action on the implementation of the Supreme...

Published 17 Sep, 2024 06:33am

PTI leaders granted post-arrest bail

ISLAMABAD: The Anti-Terrorism Court (ATC), on Monday, granted bail to Pakistan Tehreek-e-Insaf (PTI) leaders in a...

Published 17 Sep, 2024 06:33am

Trial of IK by military court: IHC again seeks clarification from federal govt

ISLAMABAD: The Islamabad High Court (IHC) again sought clarification from the federal government regarding the...

Published 17 Sep, 2024 06:33am

Clarification on reserved seats: SC deputy registrar says he didn’t receive the order on time

ISLAMABAD: Deputy Registrar Supreme Court (SC) of Pakistan made startling revelation about eight judges ...

Published 17 Sep, 2024 06:33am

Science and technology: Planning minister highlights key steps taken by govt

ISLAMABAD: Federal Minister for Planning and Development Ahsan Iqbal, Monday, highlighting the key steps taken by ...

Published 17 Sep, 2024 06:33am

Khatm-e-Nabuwwat Day: Sindh PA passes resolution to designate Sep 7 as public holiday

KARACHI: The Sindh Assembly on Monday unanimously passed a resolution designating September 7 as an official public...

Published 17 Sep, 2024 06:33am

Minister reviews arrangements for Eid Milad-un-Nabi occasion

FAISALABAD: Punjab Minister for Information & Culture/Incharge arrangements for Eid Milad-un-Nabi (PBUH)...

Published 17 Sep, 2024 06:33am

Maryam launches ‘CM’s Children’s Heart Surgery Programme’

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif Monday officially launched ‘Chief Minister’s Children’s ...

Published 17 Sep, 2024 06:33am

Govt set to distribute 500,000 ‘Kissan Cards’ by Oct 15: minister

LAHORE: Punjab Minister for Agriculture & Livestock, Syed Ashiq Hussain Kirmani, announced on Monday that the...

Published 17 Sep, 2024 06:33am

Balochistan University teachers: FAPUASA concerned at non-payment of salaries

LAHORE: Federation of All Pakistan Universities Academic Staff Association (FAPUASA) expressed serious concern over...

Published 17 Sep, 2024 06:33am

Cases pending before single bench of ATIR: Govt decides to increase value from Rs1m to Rs50m

ISLAMABAD: The federal government has decided to considerably increase value from Rs 1 million to Rs 50 million for...

Published 17 Sep, 2024 06:33am

Vehicle registration, transfer in Sindh: Biometric verification made mandatory

KARACHI: The Sindh Excise Department has taken a significant step by making biometric verification mandatory for...

Published 17 Sep, 2024 06:33am

The Weather

KARACHI: The weather report on Monday (September 16, 2024) and the forecast for Tuesday (September 17, 2024)...

Published 17 Sep, 2024 06:33am

Rates

Profit-taking trims gains

KARACHI: Pakistan Stock Exchange on Monday opened on a bullish note, however investors opted to book profit on these...

Published 17 Sep, 2024 06:33am

IK says amendments aimed at suppressing SC

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

Updated 17 Sep, 2024 09:36am

Eid Milad-un-Nabi today

LAHORE: All is set to celebrate Eid Milad-un-Nabi (SAWW) today with traditional religious fervor and solemnity. The...

Updated 17 Sep, 2024 07:25am

Energy

Govt removing all barriers to foreign investment: PM

ISLAMABAD: Prime Minister Shehbaz Sharif has said the government is removing all obstacles in the way of foreign...

Published 17 Sep, 2024 06:33am

Exchange rate for calculating petroleum prices adjusted

ISLAMABAD: The government adjusted the exchange rate used for calculating petroleum products prices with effect from...

Updated 17 Sep, 2024 03:34pm

July LSM output down 2.08pc MoM

ISLAMABAD: The Large Scale Manufacturing (LSM) sector’s output decreased by 2.08 percent for July 2024 when compared...

Updated 17 Sep, 2024 09:14am

Energy

BP to sell its US onshore wind business

WASHINGTON: BP plans to sell its US onshore wind energy business, it announced on Monday, saying the assets were not...

Published 17 Sep, 2024 06:33am

Power breakdown: Nepra to issue show-cause notice to co

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has decided to issue show cause notice to...

Updated 17 Sep, 2024 09:45am

Collusive bidding: CCP issues show-cause notices to ten steel suppliers

ISLAMABAD: The Competition Commission of Pakistan (CCP) has issued show cause notices to ten steel structure...

Updated 17 Sep, 2024 09:44am

Ill-conceived gambit

The government has shot itself in the foot by launching an ill-conceived and hurried attempt to bring in a spate of...

Published 17 Sep, 2024 06:33am

Realistically speaking, the economy has improved

Making comments on financial issues without any expertise in the subject matter or without receiving concurrence ...

Published 17 Sep, 2024 06:33am

Commodities

Gold prices touch new highs

KARACHI: The local gold prices touched new highs on Monday with the international bullion value nearing $2600 an...

Published 17 Sep, 2024 06:33am

Letters

‘Harris vs Trump: Views of the Pakistani-American community’

This is apropos a letter to the Editor by this writer carried by the newspaper yesterday. In my view, the...

Updated 17 Sep, 2024 07:33am

Books, not bombs

The children in several countries like Pakistan, India, Saudi Arabia, Kuwait, UAE, the US, Russia, the UK, Canada,...

Published 17 Sep, 2024 06:33am

Stocks

Tech stocks drag on Nasdaq, S&P 500 ahead of Fed decision

NEW YORK: Technology stocks weighed on the Nasdaq and the S&P 500 on Monday as prudent investors awaited a...

Published 17 Sep, 2024 06:33am

Stocks

European shares end marginally lower on tech drag

PARIS: Europe’s STOXX 600 closed slightly lower on Monday as losses in heavyweight technology shares weighed on ...

Published 17 Sep, 2024 06:33am

Stocks

Gulf markets end mixed ahead of Fed rate decision

DUBAI: Stock markets in the Gulf ended mixed on Monday as investors await a likely cut to US interest rates this...

Published 17 Sep, 2024 06:33am

Stocks

Hong Kong stocks edge higher in thin trade

SINGAPORE: Hong Kong shares inched up in holiday-thinned trade on Monday, reversing early losses, with another batch...

Published 17 Sep, 2024 06:33am

Stocks

Metals, energy boost Indian shares to record highs

BENGALURU: Indian shares hit record highs on Monday, underpinned by rising metal stocks on a favorable US rate cut...

Published 17 Sep, 2024 06:33am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (September 16, 2024). ========================== KIBOR...

Published 17 Sep, 2024 06:33am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (September...

Published 17 Sep, 2024 06:33am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (September 16, 2024). ======================== Open Bid...

Published 17 Sep, 2024 06:33am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (September 16, 2024)....

Published 17 Sep, 2024 06:33am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (September 16, 2024). ==================================== BR...

Published 17 Sep, 2024 06:33am

Deputy PM Overchuk due tomorrow: G2G pacts to be inked with Russia

Trade, energy, finance and industry to be in focus

Updated 17 Sep, 2024 09:56pm

Executive Board meeting notified: IMF to take $7bn EFF on its agenda on 25th

ISLAMABAD: The International Monetary Fund (IMF) has formally notified that the Executive Board would consider...

Updated 17 Sep, 2024 01:48pm

Economy, security: US official meets Dar, army chief

Updated 17 Sep, 2024 11:28pm

No delays in CPEC projects: Cabinet panel

ISLAMABAD: The Cabinet Committee on Chinese Investment Projects, while reiterating the government’s commitment to...

Updated 17 Sep, 2024 03:33pm

No further quota: MoC to blacklist defaulting Sri Lankan rice buyers

ISLAMABAD: The Commerce Ministry is to informally blacklist those Sri Lankan companies that defaulted in payment to...

Updated 17 Sep, 2024 09:46am

‘Constitutional package’ challenged in SC

ISLAMABAD: The Constitutional Package (Proposed Bill), which aims to amend various provisions to the 1973...

Published 17 Sep, 2024 06:33am

NA prorogued as govt fails to persuade opposition

ISLAMABAD: The National Assembly was prorogued on Monday without taking up the much-hyped “constitutional...

Published 17 Sep, 2024 06:33am

‘Constitutional package’: Prorogation of Senate session ends ‘hype’

ISLAMABAD: The hype surrounding the “mysterious” constitutional package for the superior judiciary finally fizzled...

Updated 17 Sep, 2024 09:45am

Statistics

July-August textile group exports up 5.37pc

ISLAMABAD: The country’s textile group exports increased by 5.37 per cent in first two months (July-August) of the...

Published 17 Sep, 2024 06:33am

Stocks

Auction for Ijarah Sukuk: PSX raises Rs202bn against Rs250bn target

KARACHI: Pakistan Stock Exchange (PSX) has raised Rs 202 billion against a target of Rs 250 billion for the Ministry...

Published 17 Sep, 2024 06:33am

Pakistani Islamic finance industry: Size estimated to have crossed $42bn: SECP

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has disclosed that the size of the Pakistani...

Published 17 Sep, 2024 06:33am

‘Shared prosperity’

EDITORIAL: The World Trade Organisation’s (WTO’s) analysis of its 30-year record of enabling and facilitating...

Published 17 Sep, 2024 06:33am

About blasphemy cases

EDITORIAL: The case of a police officer allegedly killing a suspect held on blasphemy charges, inside a police...

Published 17 Sep, 2024 06:33am

Energy

Jul-Aug petroleum group’s imports witness 22.73pc growth

ISLAMABAD: Petroleum group imports witnessed 22.73 percent growth during the first two months (July-August) of the...

Published 17 Sep, 2024 06:33am

Money & Banking

ADVANS bank renamed Halan

KARACHI: ADVANS Pakistan Microfinance Bank Limited renamed to “Halan Microfinance Bank Limited” with effect from...

Published 17 Sep, 2024 06:33am

Non-bank financial sector: SECP drafts strategic action plan for Islamic finance development

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) will introduce the concept of Tier-I and ...

Published 17 Sep, 2024 06:33am

Industry

PBF for forensic audit of all power facilities

KARACHI: President Pakistan Business Forum (PBF) Khawaja Mehboobur Rahman questioned the rationale for paying...

Published 17 Sep, 2024 06:33am

Industry

Malik Faisal elected REAP chairman unopposed

LAHORE: Malik Faisal Jahangir has been elected unopposed as Chairman, and Irfan Noor as Treasurer of the Rice...

Published 17 Sep, 2024 06:33am

Taxes

Tax dept fails to create additional demand on capital gains

LAHORE: The income tax department failed to create additional demand on account of capital gains in the wake of...

Published 17 Sep, 2024 06:33am

Industry

LCCI organises seminar

LAHORE: The Director General of Punjab Food Authority Muhammad Asim Javed has reaffirmed the Authority’s ...

Published 17 Sep, 2024 06:33am

Money & Banking

BoK announces partnership with ABL Funds

PESHAWAR: Bank of Khyber (BoK) announced a partnership with ABL Funds for distribution of ABL Asset Management ...

Published 17 Sep, 2024 06:33am

Money & Banking

Indian rupee ends flat

MUMBAI: The Indian rupee ended unchanged on Monday while dollar-rupee forward premiums rose on heightened chances of...

Published 17 Sep, 2024 06:33am

Money & Banking

Dollar hits more than one-year low against yen

NEW YORK: The US dollar fell to a more than one-year low versus the yen on Monday, as expectations increased that ...

Published 17 Sep, 2024 06:33am

Money & Banking

Asian currencies gain in holiday-thinned trading

BENGALURU: Asian currencies and stocks climbed on Monday in holiday-thinned trading, with investors focussing on ...

Published 17 Sep, 2024 06:33am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular