News Archives for Print - 2024-10-21

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Print - 2024-10-21

PML-Nazaryati to stage sit-in on Nov 2

QUETTA: Pakistan Muslim League-Nazaryati workers on Sunday announced a protest sit-in outside Governor House on...

Published 21 Oct, 2024 08:05am

Birth anniversary of Baba Guru Nanak: Minister sends ‘peace lamp’ to India

LAHORE: In celebration of the 555th birth anniversary of the great Sikh leader, Baba Guru Nanak, a “Peace Lamp”...

Published 21 Oct, 2024 07:56am

Minister announces rewards for best- performing students

KARACHI: Sindh Minister for Education Syed Sardar Ali Shah has announced rewards for students who achieved top...

Published 21 Oct, 2024 07:52am

Cotton & Textile

Weekly Cotton Review: Import on the rise as local production sees a big fall

KARACHI: Cotton production has decreased by 29 lac bales (48.26%) which is an alarming level. Total production is...

Published 21 Oct, 2024 07:49am

Navy ship seizes narcotics at sea

KARACHI: An intelligence-based counter narcotics operation was conducted by Pakistan Navy and ANF in North Arabian...

Published 21 Oct, 2024 07:46am

Companies

Nestle Pakistan selects Publicis Media as media agency partner

KARACHI: Publicis Media has been selected by Nestlé Pakistan to oversee its media strategy in Pakistan, aiming to...

Published 21 Oct, 2024 07:43am

Balochistan minority MPA passes away

QUETTA: Patrick Saint, a member of the Balochistan Assembly representing the Pakistan Muslim League-Nawaz (PML-N) on...

Published 21 Oct, 2024 07:42am

Senate passes Societies Registration (Amendment) Bill, 2024

ISLAMABAD: The Senate on Sunday passed the Societies Registration (Amendment) Bill, 2024 unanimously, paving way to...

Published 21 Oct, 2024 07:38am

India and Pakistan: Revival of diplomatic engagement could foster regional peace: Iftikhar

LAHORE: South Asian Association for Regional Cooperation (SAARC) Chamber of Commerce and Industry former President...

Published 21 Oct, 2024 07:37am

Six killed after drinking poisonous liquor in Nowshera

ISLAMABAD: Six people were killed, and nine others were in critical condition after consuming poisonous liquor in ...

Published 21 Oct, 2024 07:33am

Students, teachers visit FC Balochistan (South) HQs in Turbat

TURBAT: Students and teachers of Government Girls Degree College Turbat visited headquarters of FC Balochistan...

Published 21 Oct, 2024 07:30am

Companies

Top performers of PTCL’s ‘Ba-Ikhtiyar’ programme attend GITEX 2024 in Dubai

KARACHI: Pakistan’s leading telecommunications and ICT provider, PTCL Group (PTCL & Ufone 4G) showcased its...

Published 21 Oct, 2024 07:18am

Letters

‘Trump’s election: plunging Middle East into a World War Zone’

This is apropos two back-to-back letters to the Editor carried by the newspaper these days. A conflict involving...

Published 21 Oct, 2024 06:54am

Squeezing lemons: the fallout of lazy reforms

The government is resorting to lazy reforms, putting pressure on the known and compliant while ignoring systemic...

Published 21 Oct, 2024 06:44am

Smuggling at Afghan border

EDITORIAL: The 86 percent year-on-year drop in Afghan Transit Trade (ATT) in September shows how much this ...

Published 21 Oct, 2024 06:41am

Domestic debt

EDITORIAL: The federal government has retired over one trillion rupees of domestic debt borrowed for budgetary...

Published 21 Oct, 2024 06:39am

Movies & Music

World Culture Festival continues with mega music concert

KARACHI: The 24th day of the 38-day “World Culture Festival Karachi 2024,” organized by the Arts Council of...

Published 21 Oct, 2024 06:37am

26th constitutional amendment: Gilani congratulates nation on approval

ISLAMABAD, Oct 20 (APP): Chairman Senate Syed Yousaf Raza Gilani on Sunday extended his congratulations to the...

Updated 21 Oct, 2024 09:01am

Middle East

Israel to take legal action against Macron over naval trade show ban

OCCUPIED JERUSALEM: Israeli Foreign Minister Israel Katz said on Sunday he had ordered his ministry to start legal...

Published 21 Oct, 2024 06:04am

The Weather

KARACHI: The weather report on Sunday (October 20, 2024) and the forecast for Monday (October 21, 2024)....

Published 21 Oct, 2024 06:04am

Countrywide anti-polio drive to commence on 25th

ISLAMABAD: A nationwide polio vaccination drive is set to commence on October 25 to immunize over 4.5 million...

Published 21 Oct, 2024 06:04am

Mansoor Ali Shah will be next CJP: Fawad Chaudhry

LAHORE: Former federal minister Fawad Chaudhry claimed that Justice Mansoor Ali Shah would be the next chief justice...

Published 21 Oct, 2024 06:04am

Palestine issue: Mushahid proposes 3-point action plan, urges Erdogan to take lead

ISLAMABAD: Senator Mushahid Hussain Sayed during the global Palestine Conference proposed a 3-point Action Plan, and...

Published 21 Oct, 2024 06:04am

Govt wants to control judiciary: JI chief

LAHORE: Jamaat-e-Islami Chief Hafiz Naeemur Rehman on Sunday mocked the ongoing tussle on the 26th Constitutional...

Published 21 Oct, 2024 06:04am

Metro bus service project in Faisalabad: Workshop held on institutional consultation regarding major component of planning

FAISALABAD: In collaboration with the Punjab government and the Asian Development Bank, a stakeholder workshop was...

Published 21 Oct, 2024 06:04am

IK seeks ‘NRO’ in exchange for amendments: Azma

LAHORE: Punjab Information Minister Azma Bokhari has said that a consensus on constitutional amendments is good but...

Published 21 Oct, 2024 06:04am

US values ties with both Pakistan, India: Mathew Miller

WASHINGTON: US State Department spokesperson Matthew Miller stated that the United States valued its relationships...

Published 21 Oct, 2024 06:04am

CM orders setting up of 3 new bodies

LAHORE: Punjab government has decided to establish three provincial authorities for Punjab Development, Water &...

Published 21 Oct, 2024 06:04am

Middle East

Carnage of Israeli air strike adds to misery in north Gaza

BEIT LAHIA: With their dead relatives wrapped in white burial shrouds, families in northern Gaza mourned their loved...

Published 21 Oct, 2024 06:04am

Europe

Thousands protest in Spain’s Canary Islands against mass tourism

MASPALOMAS, (Spain): Thousands of flag-waving demonstrators hit the streets across Spain’s Canary Islands on ...

Published 21 Oct, 2024 06:04am

Middle East

Oil-rich Iraqi Kurdistan votes, shadowed by economic struggles

ARBIL, (Iraq): Iraq’s autonomous Kurdistan region voted on Sunday to elect a new parliament for the oil-rich...

Published 21 Oct, 2024 06:04am

South Asia

Floods destroy 1.1m tons of rice in BD

DHAKA: Floods in Bangladesh have destroyed an estimated 1.1 million metric tons of rice, according to data from the...

Published 21 Oct, 2024 06:04am

US, Iran in ‘tug of war’ over Lebanon: analysts

BEIRUT: With Iran-backed Hezbollah on the defensive after a series of heavy Israeli blows, the United States and ...

Published 21 Oct, 2024 06:04am

Rates

Stocks witness mixed trend

KARACHI: Pakistan Stock Exchange witnessed mixed trend during the outgoing week ended on October 18, 2024 and after...

Published 21 Oct, 2024 06:04am

KE says not interested in Thar Block-II project sans its inclusion in IGCEP

ISLAMABAD: K-Electric (KE) has reportedly shown unwillingness to take ahead the 300-MW Mine Mouth coal-fired project...

Updated 21 Oct, 2024 08:54am

Pak-UAE JMC meeting today to consider widening ties

ISLAMABAD: United Arab Emirates (UAE) and Pakistan are all set to consider different proposals for future...

Updated 21 Oct, 2024 03:24pm

Rates

Futures spread up 312bps

KARACHI: The futures spread increased by 312bps to 18.50 percent on the last day of the outgoing week. Trading...

Published 21 Oct, 2024 06:04am

Rates

Automart: car prices in Karachi

Rates in the week ended Sunday October 20, 2024

Published 21 Oct, 2024 06:04am

Net metering: Balancing the scales—III

One frequent option often advocated to address the issue of growing power rates for all consumers, particularly...

Updated 21 Oct, 2024 08:36am

PIDE’s vision for reforming agricultural markets

The agriculture sector is a cornerstone of Pakistan’s economy, yet it faces several challenges that hinder its...

Updated 21 Oct, 2024 06:57am

Commodities

Prices of essential food items remain high

PESHAWAR: Prices of essential food commodities like live chicken/meat, vegetables, fruits, flour, sugar and cooking...

Published 21 Oct, 2024 06:04am

Punjab decides to restore private college registration

LAHORE: The Punjab government has decided to restore the registration of a private college campus. According to...

Published 21 Oct, 2024 06:04am

Stocks

Indian shares rebound after 3-day slump

BENGALURU: Indian shares snapped a three-day losing streak on Friday as gains in Axis Bank lifted heavyweight...

Published 21 Oct, 2024 06:04am

Stocks

Most Gulf markets slip on regional tensions

DUBAI: Most stock markets in the Gulf ended lower on Sunday, dragged down by escalating conflict in the region and...

Published 21 Oct, 2024 06:04am

Stocks

FTSE 100 dips but logs weekly gain on rate cut bets

LONDON: The UK’s FTSE 100 ended lower on Friday, weighed down by British American Tobacco following its settlement...

Published 21 Oct, 2024 06:04am

Stocks

Australia shares end lower as China’s property woes drag miners

SYDNEY: Australian shares fell on Friday, slipping from their record close a day earlier, as lacklustre stimulus ...

Published 21 Oct, 2024 06:04am

Rates

Largely stable

KARACHI: Rupee remained largely stable against the US dollar in the inter-bank market during the previous week. The...

Published 21 Oct, 2024 06:04am

Illegal housing schemes: PRA Tribunal takes judicial notice

ISLAMABAD: Punjab Revenue Authority (PRA) Tribunal has taken judicial notice of illegal housing schemes being...

Updated 21 Oct, 2024 09:18am

PMA concerned over increase in polio cases

KARACHI: Pakistan Medical Association (PMA) has said that there has been an increase in polio cases and it is...

Updated 21 Oct, 2024 09:19am

Senate passes 26th constitutional amendment bill

ISLAMABAD: The mystery surrounding the much-hyped yet highly controversial constitutional package for superior...

Updated 21 Oct, 2024 08:57am

NA session continues

ISLAMABAD: After the Senate passed the 26th Constitution Amendment Bill 2024 with a two-thirds majority on Sunday...

Published 21 Oct, 2024 06:04am

Cabinet approves proposed draft

ISLAMABAD: The federal cabinet on Sunday approved proposed draft of the 26th Constitutional Amendment Bill, 2024...

Updated 21 Oct, 2024 08:59am

Between FY16 and FY23: fiscal support to SOEs escalates to Rs5.7trn, says SBP

KARACHI: State-owned Enterprises (SOEs) in Pakistan are posing a significant challenge to the economy, having...

Updated 22 Oct, 2024 04:41pm

Income Tax Ordinance: FBR drafting new law to end categories of ‘late-filers’, ‘non-filers’

ISLAMABAD: The Federal Board of Revenue (FBR) is drafting a new law to end the categories of “late-filers” and...

Updated 21 Oct, 2024 03:24pm

Stocks

Wall Street Week Ahead: Wall Street zeroes in on semiconductors after turbulent week

NEW YORK: US semiconductor companies will get a closer look from investors in coming weeks, after diverging reports...

Published 21 Oct, 2024 06:04am

Money & Banking

China’s yuan firmer against dollar

SHANGHAI: China’s yuan firmed on Friday against the US dollar after the country’s central bank kicked off two...

Published 21 Oct, 2024 06:04am

MENA

UAE visa rejections, hosting GITEX in Pakistan: ambassador Faisal Tirmizi breaks it down

DUBAI: Ambassador to the UAE Faisal Niaz Tirmizi did not mince words as he acknowledged the recent ‘visa situation’...

Updated 21 Oct, 2024 01:26pm

MENA

Expand North Star in Dubai: from prosthetic limbs to drones for disaster relief, startups seek to address Pakistan’s challenges

DUBAI: Pakistan is a country grappling with a range of systemic challenges—be it healthcare, city management,...

Published 21 Oct, 2024 06:04am

KP govt to disburse interest-free loans to livestock farmers

PESHAWAR: The KP government will provide interest-free credit to livestock farmers and cattle herders to promote...

Published 21 Oct, 2024 06:04am

KP govt decides to establish trade corridor at Torkham

PESHAWAR: The KP government has decided to establish trade corridor at Torkham to facilitate and streamline trade...

Published 21 Oct, 2024 06:04am

Business community demands withdrawal of 2pc cess on exports from KP

PESHAWAR: Businessmen have called the imposition of 2 percent cess on export from Khyber Pakhtunkhwa as unjust step...

Published 21 Oct, 2024 06:04am

Industry

PCMEA says Torkham border issues affecting businesses

LAHORE: The Pakistan Carpet Manufacturers and Exporters Association (PCMEA) has appealed to the government to ...

Published 21 Oct, 2024 06:04am

Iranian CG advocates boost in economic, trade ties

PESHAWAR: Consul General of Iran in Peshawar Ali Banafshekhah stressed the need for strengthening economic and trade...

Published 21 Oct, 2024 06:04am

World Bank unlocks another $30bn by tweaking balance sheet

WASHINGTON: The World Bank approved changes to its lending practices on Tuesday which will unlock an additional $30...

Published 21 Oct, 2024 06:04am

Money & Banking

Canadian dollar steady

TORONTO: The Canadian dollar steadied against its US counterpart on Friday but was on track for its third straight...

Published 21 Oct, 2024 06:04am

Money & Banking

Russian rouble slips against dollar and yuan

MOSCOW: The rouble weakened slightly against the US dollar and the Chinese yuan, continuing an eight-week weakening...

Published 21 Oct, 2024 06:04am

3 NTDC projects: World Bank, ADB and IsDB willing to finance

ISLAMABAD: The World Bank (WB), Asian Development Bank (ADB) and Islamic Development Bank (IsDB) have reportedly...

Updated 21 Oct, 2024 03:24pm

PBS to host first-ever Data Fest-2024 today

Statistics

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 1	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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