News Archives for Print - 2024-10-07

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Print - 2024-10-07

PTI issues 24-hour ultimatum to govt for ‘recovery’ of Gandapur

PESHAWAR: Pakistan Tehreek-e-Insaf (PTI) has condemned the alleged arrest of KP Chief Minister Sardar Ali Amin...

Published 07 Oct, 2024 07:51am

PTI lawyers’ wing moves PHC for Gandapur’s recovery

PESHAWAR: PTI lawyers wing moved the Peshawar High Court (PHC) for the recovery of Khyber Pakhtunkhwa Chief Minister...

Published 07 Oct, 2024 07:50am

Gandapur not in our custody, IGP Islamabad

ISLAMABAD: Inspector-General of Police (IGP) Islamabad Ali Nasir Rizvi has denied that Chief Minister Khyber...

Published 07 Oct, 2024 07:49am

PTI leader says ‘damaged’ Khyber Pakhtunkhwa House will not be repaired

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader and former speaker National Asembly Asad Qaiser has said that the...

Published 07 Oct, 2024 07:47am

Krafters, HAP join hands to uplift SMEs, home-based workers

PESHAWAR: Krafters, an e-commerce platform has signed a memorandum of understanding (MoU) with Handicrafts...

Published 07 Oct, 2024 07:43am

Cotton & Textile

Weekly Cotton Review: PCGA predicts 60pc decline in production; prices remain stable

KARACHI: Pakistan Cotton Ginners Association (PCGA) has predicted an alarming 60 percent decline in cotton...

Published 07 Oct, 2024 07:41am

56 Pakistani prisoners return home from Sri Lanka

ISLAMABAD: 56 Pakistanis imprisoned in Sri Lanka returned home on Sunday, said an official statement. A chartered...

Published 07 Oct, 2024 07:40am

Impressive JI rally expresses solidarity with people of Gaza

KARACHI: Jamaat-e-Islami (JI) on Sunday commemorated October 7, as the one year of Israel’s genocide-war on Gaza...

Published 07 Oct, 2024 07:38am

5000 candidates appear in entrance exam organised by MHIT

PESHAWAR: Around 5000 aspiring students appeared in an entrance exam organized by Mohsin and Huma Mass IT Training...

Published 07 Oct, 2024 07:31am

Money & Banking

BoK holds 8th Regional Agri Coordination body meeting

PESHAWAR: The Bank of Khyber (BoK) held the 8th Regional Agriculture Coordination Committee meeting at its Head...

Published 07 Oct, 2024 07:30am

Taxes

ETO vows to expand user-friendly services, end agents’ role

ISLAMABAD: Director Excise & Taxation Department, Islamabad, Bilal Azam has assured his department’s ...

Published 07 Oct, 2024 07:28am

Breast cancer challenge: Rural women should shun quacks, opt for yearly screening

ISLAMABAD: Leading cancer specialists/oncologists Sunday sounded a dire warning, urging rural women to avoid...

Published 07 Oct, 2024 07:24am

PDMA issues fresh rain alert; official says depts ready to respond

ISLAMABAD: Provincial Disaster Management Authority (PDMA) Director-General Irfan Ali Kathia Sunday assured that all...

Published 07 Oct, 2024 07:23am

Trump rallies at site of failed assassination: ‘Never quit’

BUTLER, (United States): Donald Trump defiantly returned Saturday to the site of a campaign rally where an...

Published 07 Oct, 2024 06:48am

Brazil votes in local elections with eyes on 2026 presidential showdown

SAO PAULO: Brazilians voted on Sunday for mayors and city councilors in more than 5,500 municipal elections, with...

Published 07 Oct, 2024 06:48am

Chinese hackers breached US court wiretap systems, WSJ reports

WASHINGTON: Chinese hackers accessed the networks of US broadband providers and obtained information from systems ...

Published 07 Oct, 2024 06:48am

Asia

Xi vows to ‘deepen cooperation’ with North Korea’s Kim

BEIJING: Chinese President Xi Jinping on Sunday told his North Korean counterpart Kim Jong Un that Beijing hoped to...

Published 07 Oct, 2024 06:48am

Middle East

Khamenei decorates commander for Israel attack

TEHRAN: Iran’s supreme leader has decorated the Revolutionary Guards aerospace commander for the Islamic...

Published 07 Oct, 2024 06:48am

Europe

Russian activist killed on front line in Ukraine

KYIV: Anti-Kremlin activist Ildar Dadin, who was imprisoned in Russia for protesting against Vladimir Putin, was...

Published 07 Oct, 2024 06:48am

Value addition: key to Pakistan’s agri growth

Pakistan is fundamentally an agricultural country, with a substantial portion of its economy reliant on agriculture....

Updated 07 Oct, 2024 08:20am

Minister says national education policy to be announced soon

KARACHI: The Federal Minister for Education and Vocational Training Dr. Khalid Maqbool Siddiqui on Sunday said that...

Published 07 Oct, 2024 06:48am

FBL and Habib University to launch ‘Fintech Innovation Hackathon’

KARACHI: Faysal Bank Limited (FBL), one of the leading Islamic banks in Pakistan, has joined forces with Habib...

Published 07 Oct, 2024 06:48am

Sindh minister describes PTI founder IK as ‘anti-state politician’

KARACHI: Sindh Local Government Minister Saeed Ghani has said the ego and stubbornness shown by the Pakistan...

Published 07 Oct, 2024 06:48am

PDP demands govt expedite work on Red Line BRT

KARACHI: Pasban Democratic Party Chairman Altaf Shakoor has expressed deep concern over the inconvenience caused to...

Published 07 Oct, 2024 06:48am

PPP’s central Punjab leader steps up criticism of PTI

LAHORE: Pakistan Peoples Party (PPP) Central Punjab General Secretary Syed Hassan Murtaza slams Pakistan...

Published 07 Oct, 2024 06:48am

‘Promotion of Islamic Values in Business’: Qaim Trust chairman visits SAFCO head office

HYDERABAD: Renown-ed religious leader and Founder Chairman of Qaim Trust Allama Syed Shehanshah Hussain Naqvi ...

Published 07 Oct, 2024 06:48am

UK delegation calls on Sindh PA speaker

KARACHI: A delegation from the United Kingdom called on the Speaker Sindh Assembly Syed Awais Qadir Shah and Sindh...

Published 07 Oct, 2024 06:48am

PM reaffirms country’s moral, diplomatic, political support to Palestinians

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif has reiterated that Pakistan will continue to extend its moral,...

Published 07 Oct, 2024 06:48am

Constitutional amendments: Dar meets Fazl, seeks support

ISLAMABAD: The Federal Government has once again reached out to Jamiat Ulema-e-Islam Fazl (JUI-F) seeking its ...

Published 07 Oct, 2024 06:48am

Zardari visits Shaheed Lt-Col’s residence

ISLAMABAD: President Asif Ali Zardari on Sunday arrived at the residence of martyred Lieutenant Colonel Muhammad Ali...

Published 07 Oct, 2024 06:48am

Mirwaiz urges India, Pakistan to engage in constructive dialogue

ISLAMABAD: All Parties Hurriyat Conference senior leader Mirwaiz Umar Farooq has said India and Pakistan have a real...

Published 07 Oct, 2024 06:48am

‘PTI has failed to unleash violence, bloodshed in capital’: Amir Muqam

ISLAMABAD: Federal Minister for State and Frontier Region, Kashmir and Gilgit-Baltistan Affairs, Engineer Amir Maqam...

Published 07 Oct, 2024 06:48am

Sindh Governor announces gym, IT courses for NPC

KARACHI: Sindh Governor Mohammed Kamran Khan Tessori on Sunday announced to build a gym and start IT courses under...

Published 07 Oct, 2024 06:48am

Hazara Division: PTI protest causes price surge, supply shortages

ABBOTTABAD: Over the past three days, the ongoing protests and rallies by PTI in different parts of the country have...

Published 07 Oct, 2024 06:48am

Moot on ‘sustainable health systems & resilience’ on 8th

ISLAMABAD: The One-Day International Conference titled ‘Sustainable Health Systems and Resilience: Challenges and...

Published 07 Oct, 2024 06:48am

Rava Documentary Films screens ‘Goddess of Hinglaj – 51 Shakti Peeth’

KARACHI: Rava Documentary Films screened their latest documentary “Goddess of Hinglaj – 51 Shakti Peeth” to a...

Published 07 Oct, 2024 06:48am

Teacher’s Day marked at St. Patrick’s High School

KARACHI: St. Patrick’s High School organized a memorable Teacher’s Day celebration, reflecting the school...

Published 07 Oct, 2024 06:48am

Europe

UK PM Starmer’s chief of staff quits after talk of in-fighting

LONDON: British Prime Minister Keir Starmer’s chief of staff Sue Gray resigned on Sunday following rumours about...

Published 07 Oct, 2024 06:48am

Middle East

‘Iran’s Quds Force chief out of contact since Beirut strikes’

BEIRUT Iran’s Quds Force commander Esmail Qaani, who travelled to Lebanon after the killing last month of ...

Published 07 Oct, 2024 06:48am

Middle East

‘Israel obstructing search for Hezbollah’s Safieddine’

BEIRUT: Israel is not allowing a search for senior Hezbollah leader Hashem Safieddine to progress after it bombed...

Published 07 Oct, 2024 06:48am

Middle East

Saudi King Salman to undergo medical tests for lung inflammation

RIYADH: Saudi King Salman will undergo medical tests on Sunday evening for lung inflammation, the state news agency...

Published 07 Oct, 2024 06:48am

Gandapur resurfaces after day-long disappearance

PESHAWAR: KP Chief Minister Sardar Ali Amin Khan Gandapur, ‘mysteriously’ missing since Saturday evening,...

Published 07 Oct, 2024 06:48am

Europe

Nearly 1,000 migrants cross Channel into UK on same day as 4 killed

LONDON: A record 973 migrants crossed the Channel on small boats on the same day in which four died while attempting...

Published 07 Oct, 2024 06:48am

Middle East

Flights at some Iran airports suspended

TEHRAN: Iran’s aviation body on Sunday announced the cancellation of flights at some of the country’s airports,...

Published 07 Oct, 2024 06:48am

Pakistan-England first Test starts at Multan Cricket Stadium today

LAHORE: Pakistan is determined to end their 10-match winless streak at home when they face England in the first Test...

Published 07 Oct, 2024 06:48am

The Weather

KARACHI: The weather report on Sunday (October 06, 2024) and the forecast for Monday (October 07, 2024)....

Published 07 Oct, 2024 06:48am

Letters

Country in the throes of intense political instability?

It increasingly appears that the country’s economy is moving in the right direction. Declining inflation, price...

Updated 07 Oct, 2024 08:15am

Rates

Automart: car prices in Karachi

Rates in the week ended Sunday October 06, 2024

Published 07 Oct, 2024 06:48am

Rates

Futures spread up 827bps

KARACHI: The futures spread increased by 827bps to 15.76 percent on the last day of the outgoing week. Trading...

Published 07 Oct, 2024 06:48am

Rates

PSX hits highest-ever levels

KARACHI: Pakistan Stock Exchange witnessed bullish trend and hit historic highest ever levels during the outgoing...

Published 07 Oct, 2024 06:48am

Stocks

Gulf markets fall

DUBAI: Most stock markets in the Gulf ended lower on Sunday on concerns that rising geopolitical tensions will lead...

Published 07 Oct, 2024 06:48am

Stocks

Wall Street Week Ahead: Investors look to earnings to support record-high stock prices

NEW YORK: A high-stakes corporate earnings season kicks into gear next week, with bullish investors hoping results...

Published 07 Oct, 2024 06:48am

Prices of kitchen items remain high

PESHAWAR: Prices of important kitchen items including live chicken/meat, vegetable, pulses, sugar, flour and other...

Updated 07 Oct, 2024 08:41am

Why Israel is out of control

EDITORIAL: We’ve reached the point where Why Israel is out of control even the most conservative editorial spaces of...

Updated 07 Oct, 2024 08:12am

Transforming maturity profile of domestic debt

Inflation is falling rapidly, nearing a four-year low, with FY25 (July 2024–June 2025) average inflation expected...

Updated 07 Oct, 2024 08:22am

Is de-dollarisation on the move?

This is the second of a two-part series on de-dollarisation. President Richard Nixon’s treasury secretary John...

Updated 07 Oct, 2024 08:24am

Energy

PD refutes news item about setting up of new power plant

ISLAMABAD: The Spokesperson Ministry of Power Division on Sunday strongly refuted a news item appeared in a section...

Published 07 Oct, 2024 06:48am

SHC rejects FIR quashing plea of a battery co

ISLAMABAD: Sindh High Court (SHC) has dismissed an application of a company engaged in the business of...

Updated 07 Oct, 2024 09:22am

PM says no one will be allowed to harm economy

ISLAMABAD: Prime Minister Shehbaz Sharif has said no one will be allowed to destabilize Pakistan’s economy, and all...

Updated 07 Oct, 2024 09:25am

PM directs including DBHP in CPEC

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the concerned authorities to include $8 billion Diamer Bhasha...

Updated 07 Oct, 2024 02:56pm

300MW Thar coal project: PPIB urges KE to expedite feasibility, other studies

ISLAMABAD: The Private Power & Infrastructure Board (PPIB) has urged K-Electric (KE) to expedite the...

Updated 07 Oct, 2024 09:49am

Rates

Further improvements

KARACHI: The rupee made further improvement during the previous week as it gained Re0.12 or 0.04% against the US...

Published 07 Oct, 2024 06:48am

Many filed income tax returns thru ‘FTO desk’

ISLAMABAD: A large number of taxpayers including salaried class and individuals have filed their income tax returns...

Updated 07 Oct, 2024 03:07pm

Pashtun Tahafuz Movement banned

ISLAMABAD: Ahead of a grand Pashtun jirga, and less than a week after the “missing” Chief Minister Khyber...

Updated 07 Oct, 2024 09:27am

Energy

XEN, three SDOs removed, five suspended for bogus statistics

MULTAN: An Executive Engineer and eight Sub Division Officers (SDOs) of Multan Electric Power Company (MEPCO) have...

Published 07 Oct, 2024 06:48am

D-Chowk protest: Roads reopened, mobile, internet services restored

ISLAMABAD: The situation remained relatively calm in the federal capital on Sunday, after intense clashes between...

Updated 07 Oct, 2024 09:39am

Two dead, 9 injured in explosion near Karachi Airport

KARACHI: A powerful explosion ‘targeting foreign nationals’ just outside the Jinnah International Airport in Karachi...

Updated 07 Oct, 2024 08:43am

Reducing power tariff top priority: Awais

ISLAMABAD: Federal Minister for Energy, Sardar Awais Ahmad Khan Leghari, said on Sunday that the government is...

Updated 07 Oct, 2024 03:07pm

German govt expects another recession in 2024

FRANKFURT, (Germany): The German government has slashed its forecast and now expects Europe’s largest economy to...

Published 07 Oct, 2024 06:48am

European carmakers warn on profits in the face of weak demand and rising costs

LONDON: European carmaker Stellantis on Monday joined bigger rival Volkswagen and others in warning about the...

Published 07 Oct, 2024 06:48am

Cross-border M&A recovers in Asia as dealmakers look abroad for growth

HONG KONG/SINGAPORE: Cross-border mergers and acquisitions involving companies in the Asia-Pacific region have...

Published 07 Oct, 2024 06:48am

Europe needs bigger banks to compete with US, Chinese rivals: Lagarde

FRANKFURT: Europe needs bigger and stronger banks that can compete with their US and Chinese rivals, European ...

Updated 07 Oct, 2024 08:05am

Global investors gear up to go back into China

LONDON: Global investors are preparing to stake bets on China again, in a major sentiment shift sparked by...

Published 07 Oct, 2024 06:48am

Barclays investment bank grabs market share in deals, executive says

LONDON: Barclays’ investment bank is gaining market share in deal advisory and equity capital markets as part of a...

Updated 07 Oct, 2024 08:05am

Money & Banking

Sterling ticks up against dollar

LONDON: The British pound gained ground against the dollar and the euro on Friday after a steep plunge a day earlier...

Published 07 Oct, 2024 06:48am

Money & Banking

Indian rupee logs worst week since May

MUMBAI: The Indian rupee ended nearly unchanged on Friday to cap its worst weekly performance in a little over four...

Published 07 Oct, 2024 06:48am

Industry

CCCI urges Balochistan govt to revisit its infrastructure cess step

ISLAMABAD: Chaman Chamber of Commerce and Industry (CCCI) has requested the Balochistan government to review its...

Published 07 Oct, 2024 06:48am

The logjam in the economy continues

EDITORIAL: Former finance minister Dr Hafiz Pasha recently maintained that the revenue shortfall that he projected ...

Updated 07 Oct, 2024 08:14am

Industry

Avocado production: PHDEC holds webinar for farmers, exporters

LAHORE: Recognizing the successful production prospects of avocado in Pakistan, a global market of which is valued ...

Published 07 Oct, 2024 06:48am

BOP & AFD sign $54.2m concessional green banking on-lending facility

LAHORE: The Bank of Punjab (BOP) has successfully arranged a long term Foreign Currency (FCY) On-lending facility of...

Published 07 Oct, 2024 06:48am

14 business categories: FTO issues notice to FBR on compulsory integration

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

Updated 07 Oct, 2024 09:41am

Industry

Syed Afzal elected unopposed as Chairman CAP

LAHORE: Syed Afzal Ur Rehman has been elected unopposed as Chairman of the Constructors Association of Pakistan ...

Published 07 Oct, 2024 06:48am

Traders say 2pc cess affecting exports from KP

PESHAWAR: Traders and exporters claim that export from Khyber Pakhtunkhwa had halted after imposition of two percent...

Updated 07 Oct, 2024 07:45am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 15	281.68
USD PKR Interbank Buying / May 15	281.43
USD to Japanese Yen / May 15	145.80
USD to Swiss Franc / May 15	0.84
Pound Sterling to USD / May 15	1.33
Euro to USD / May 15	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 14	5,892.58
Nasdaq / May 14	19,146.81
Dow Jones / May 14	42,051.06
India Sensex / May 15	80,937.53
Tokyo Nikkei / May 15	37,755.51
Hang Seng / May 15	23,453.16
FTSE 100 / May 15	8,561.58
Germany DAX 30 / May 15	23,462.44
France CAC40 / May 15	7,814.71

Item	Value
Karachi Cotton PKR/37.32 KG / May 14	16,985
Gold 10 Grams PKR / May 14	293,124
Petrol/Litre / May 15	252.63
Crude Oil USD/Barrel / May 15	60.66
Gold Spot USD/Ounce / May 15	3,162.99
Diesel/Litre / May 15	256.64
Cotton US¢/pound / May 15	65.21

Gainers
Losers
Leaders

Stock	Price
Cres.Star Ins. / May 15 Crescent Star Insurance Limited(CSIL)	3.02 ▲ 0.41 (15.71%)
Parmount Sp. / May 15 Paramount Spinning Mills Limited(PASM)	3.70 ▲ 0.46 (14.2%)
Ghani Chemworld / May 15 Ghani Chemworld Limited(GCWL)	9.14 ▲ 1 (12.29%)
S.G.Power / May 15 S.G. Power Limited(SGPL)	8.65 ▲ 0.94 (12.19%)
Premier Insurance / May 15 Premier Insurance Limited(PINL)	5.83 ▲ 0.63 (12.12%)
Dewan Mushtaq / May 15 Dewan Mushtaq Textile Mills Limited(DMTM)	9.83 ▲ 1 (11.33%)
Hala Enterprise / May 15 Hala Enterprises Limited(HAEL)	13.26 ▲ 1.21 (10.04%)
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	22.06 ▲ 2.01 (10.02%)
Flying Cement / May 15 Flying Cement Company Limited(FLYNG)	49.46 ▲ 4.5 (10.01%)
Octopus Digital / May 15 Octopus Digital Limited(OCTOPUS)	52.09 ▲ 4.74 (10.01%)

Stock	Price
Olympia Mills / May 15 Olympia Mills Limited(OML)	50.47 ▼ -5.06 (-9.11%)
Hussain Industries / May 15 Husein Industries Limited(HUSI)	26.65 ▼ -2.64 (-9.01%)
Apna Microfin. / May 15 Apna Microfinance Bank Limited(AMBL)	10.04 ▼ -0.91 (-8.31%)
Askari Life Assur. / May 15 Askari Life Assurance Company Limited(ALAC)	4.63 ▼ -0.35 (-7.03%)
Imperial Limited / May 15 Imperial Limited(IML)	16.52 ▼ -1.23 (-6.93%)
B. F. Mod. / May 15 B.F. Modaraba(BFMOD)	8.73 ▼ -0.61 (-6.53%)
Punjab Oil / May 15 Punjab Oil Mills Limited(POML)	186.82 ▼ -11.54 (-5.82%)
Equity Modaraba / May 15 First Equity Modaraba(FEM)	2.85 ▼ -0.16 (-5.32%)
Pakgen Power / May 15 Pakgen Power Limited(PKGP)	114.14 ▼ -6.39 (-5.3%)
Ashfaq Textile / May 15 Ashfaq Textile Mills Limited(ASHT)	12.34 ▼ -0.68 (-5.22%)

Stock	Volume
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	50,818,876 ▲ 2.68
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	47,570,881 ▲ 0.48
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	40,246,546 ▲ 0.16
Kohinoor Spining / May 15 Kohinoor Spinning Mills Limited(KOSM)	32,888,417 ▲ 0.18
At-Tahur Ltd. / May 15 At-Tahur Limited(PREMA)	29,667,657 ▲ 4.48
Sui South Gas / May 15 Sui Southern Gas Company Limited(SSGC)	25,344,612 ▲ 0.91
Waves Corporation / May 15 Waves Corporation Limited(WAVES)	21,773,148 ▲ 0.29
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	16,962,449 ▲ 3.34
B.O.Punjab / May 15 The Bank of Punjab(BOP)	16,957,410 ▲ 0.15
WorldCall Telecom / May 15 Worldcall Telecom Limited(WTL)	16,572,822 ▲ 0.03

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