News Archives for Print - 2024-10-31

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Print - 2024-10-31

Saudi Arabia strengthening economic transformation plan, finance minister says

RIYADH: Saudi Arabia is strengthening its commitment to a plan designed to wean the economy off oil, its finance...

Published 31 Oct, 2024 07:43am

Industry

GPCCI workshop: Textile industry gains insights into new regulatory requirements

KARACHI: The German-Pakistan Chamber of Commerce and Industry (GPCCI) hosted a Workshop on ‘German Supply Chain ...

Published 31 Oct, 2024 07:41am

Industry

Murad tells KCCI: Karachi generates highest revenue due to Sindh govt’s efforts

KARACHI: Sindh CM Syed Murad Ali Shah, in his meeting with a KCCI delegation, said that Karachi is the highest...

Published 31 Oct, 2024 07:37am

Companies

Unity Foods CEO Farrukh Amin to speak at TFS 8th Edition 2024

KARACHI: Farrukh Amin, Chief Executive Officer, Unity Foods Limited, will join distinguished national &...

Published 31 Oct, 2024 07:36am

Industry

Hub Chamber demands cut in interest rate

KARACHI: President of the Hub Chamber of Commerce and Industry Yakoob H Karim, former Presidents Maqsood Ismail and...

Published 31 Oct, 2024 07:34am

Stocks

KSE-100 Index cos: Q1 earnings down 14pc to Rs403bn YoY

KARACHI: The KSE-100 Index companies posted the earnings of Rs403bn down 14 percent YoY in first quarter of FY25...

Published 31 Oct, 2024 07:34am

Energy

KE, SBP collaborate to enable seamless bill payments via Raast

KARACHI: Accelerating the digitisation of payments, the State Bank of Pakistan (SBP) and K-Electric (KE) have made a...

Published 31 Oct, 2024 07:31am

Shortcomings in 26th Amendment should be reviewed: Malik

LAHORE: Speaker Malik Muhammad Ahmed Khan on Wednesday said that any shortcomings in the 26th Constitutional...

Published 31 Oct, 2024 07:28am

Taxes

Taxpayers accused of defying taxation law

LAHORE: In a brazen display of disregard for the law, taxpayers in Pakistan continued to defy the Federal Excise Act...

Published 31 Oct, 2024 07:26am

Barcodes on food labels ordered

LAHORE: Secretary Price Control and Commodities Management Muhammad Ajmal Bhatti directed the Punjab Food Authority...

Published 31 Oct, 2024 07:25am

Companies

DWP Group secures prestigious accolades

LAHORE: DWP Technologies, a division of Pakistan’s leading business conglomerate, DWP Group, has secured two...

Updated 31 Oct, 2024 12:23pm

Punjab CM performs groundbreaking of first public-sector cancer hospital

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif Wednesday laid the foundation stone of the largest and first ever...

Published 31 Oct, 2024 07:22am

Punjab govt announces plans to create green zones

LAHORE: The Punjab government has announced plans to establish a protective wall of trees around Lahore as part of...

Published 31 Oct, 2024 07:21am

Nespak selected as consultant for LDP

LAHORE: The Punjab government has selected Nespak as a consultant for the Lahore Development Plan (LDP). Punjab ...

Published 31 Oct, 2024 07:19am

Real Estate

18 Park Residence: groundbreaking ceremony held in Lahore

LAHORE: A groundbreaking ceremony was held to mark the launch of 18 Park Residence, a pioneering residential...

Published 31 Oct, 2024 07:17am

PTI’s Sania Nishtar resigns from Senate seat

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Senator Dr Sania Nishtar has quit her legislative membership against the...

Published 31 Oct, 2024 07:11am

Al Qadir Trust case: Bushra’s lawyer conducts cross-examination of prosecution witness

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan’s wife Bushra Bibi’s counsel on Wednesday...

Published 31 Oct, 2024 07:09am

One terrorist killed in Zhob

ISLAMABAD: The security forces conducted an intelligence-based operation in general area Sambaza, Zhob District, on...

Published 31 Oct, 2024 07:08am

Taxes

FBR removes inspector for illegal removal of goods from customs warehouse

ISLAMABAD: The Federal Board of Revenue (FBR) has removed from services Ghulam Mustafa, Inspector Customs,...

Published 31 Oct, 2024 07:06am

Exporters and the IMF

EDITORIAL: The Executive Committee of the National Export Development Board and the Federal Board of Revenue (FBR)...

Published 31 Oct, 2024 07:01am

Raising property valuations

EDITORIAL: In a significant move, the FBR has substantively increased valuations of immovable properties by up to 75...

Published 31 Oct, 2024 06:55am

PARTLY FACETIOUS: The challenge of conspiracy theories

“Interesting!” “Please stop, I am sick and tired of conspiracy theories, so let it be.” “Well, we do need...

Published 31 Oct, 2024 06:52am

Who truly own the IPPs?

The Pakistan power system is ever in the news – unfortunately, always in the negative sense. The power tariffs are...

Published 31 Oct, 2024 06:50am

PSL director Sohaib, women’s cricket head Tania quits

LAHORE: Pakistan Super League (PSL) Director Sohaib Sheikh and Head of Women’s Cricket, Tania Mallick, have ...

Published 31 Oct, 2024 06:18am

New Hezbollah chief open to truce with Israel if offer is made

BEIRUT: Hezbollah’s new leader says the beleaguered Lebanese group could agree to a ceasefire under certain terms,...

Published 31 Oct, 2024 06:18am

Europe

Bosnia arrests 8 human-trafficking suspects

SARAJEVO: Bosnian police arrested eight people suspected of being part of a human trafficking ring that smuggled at...

Published 31 Oct, 2024 06:18am

Middle East

Iran amputates fingers of two men convicted of theft: NGOs

PARIS: Iranian authorities amputated fingers of two men convicted of theft, rights groups said Wednesday, in a...

Published 31 Oct, 2024 06:18am

Harris fends off ‘garbage’ fallout, Trump pushes ‘cheating’ claims

WASHINGTON: White House rivals Donald Trump and Kamala Harris launched a frantic last week of election campaigning...

Published 31 Oct, 2024 06:18am

Middle East

US working on 60-day truce to end war in Lebanon

BEIRUT/OCCUPIED JERUSALEM: US mediators are working on a proposal to halt hostilities between Israel and Lebanese...

Published 31 Oct, 2024 06:18am

UN Council expresses ‘grave concern’ over Israel’s UNRWA ban

UNITED NATIONS: The UN Security Council on Wednesday expressed “grave concern” over the Israeli parliament’s...

Published 31 Oct, 2024 06:18am

Mexico steel plant explosion kills 12

MEXICO: An explosion at a steel plant in Mexico’s central state of Tlaxcala has left at least 12 people dead, a...

Published 31 Oct, 2024 06:18am

Europe

Germany urges compromise in EU-China EV row

BERLIN: The German government on Wednesday urged the European Union and China to reach a compromise a day after...

Published 31 Oct, 2024 06:18am

October Breast Cancer Awareness Month: Dr. Muhammad Furrukh, Consultant Oncologist & Hematologist Shifa International Hospital, Islamabad

Breast Cancer, a leading cause of cancer & related deaths in Pakistan. You should be aware of the following...

Updated 31 Oct, 2024 08:07am

October Breast Cancer Awareness Month: Dr. M. Wasim Sattar, Consultant Medical Oncologist Assistant Professor, Ibn-e-Siena Hospital & Research Institute, Multan

Every woman needs to know the facts, when it comes to breast cancer, every woman is at risk but we need to remember,...

Updated 31 Oct, 2024 08:10am

October Breast Cancer Awareness Month: Dr. M Tahir Bashir, Consultant Medical Oncologist Faisalabad Medical University, Faisalabad and Affiliated Hospitals

Raising awareness about breast cancer is essential because it directly impacts early detection & treatment...

Updated 31 Oct, 2024 08:06am

October Breast Cancer Awareness Month: Dr. Abbas Ilyas, Consultant Radiation Oncologist Head of the Department, IRNUM Hospital, Peshawar

Early detection is the key to saving lives. Mammography once a year for all women above 40 years of age. Copyright...

Updated 31 Oct, 2024 08:07am

October Breast Cancer Awareness Month: Dr. Hassan Pervez, Consultant Hematologist & Oncologist Diplomat American Board, National Hospital & Medical Centre, Lahore

Early detection of breast cancer, through regular self examination & yearly mammogram is crucial in the fight...

Updated 31 Oct, 2024 08:09am

The Weather

KARACHI: The weather report on Wednesday (October 30, 2024) and the forecast for Thursday (October 31, 2024)...

Published 31 Oct, 2024 06:18am

Climate change-related threats: Speakers for effective regional cooperation

ISLAMABAD: Speakers at an international conference, while calling for effective regional cooperation to deal with...

Published 31 Oct, 2024 06:18am

SAU, SFA join hands to ensure safe, high-quality food for Sindh

HYDERABAD: Sindh Agriculture University (SAU) Tandojam and the Sindh Food Authority (SFA) have entered a partnership...

Published 31 Oct, 2024 06:18am

Progress on airport outsourcing plan reviewed

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar chaired the 13th meeting of the Steering Committee ...

Published 31 Oct, 2024 06:18am

Ahsan Iqbal emphasised strengthening regional collaboration to enhance climate advocacy efforts

ISLAMABAD: A preparatory meeting for COP29 was convened today under the chairmanship of the Minister for Planning,...

Published 31 Oct, 2024 06:18am

Police Executive Board holds meeting at CPO

LAHORE: A meeting of the Police Executive Board was held at the Central Police Office under the chairmanship of...

Published 31 Oct, 2024 06:18am

PM condemns Israel for obstructing UNRWA’s operations in occupied Palestine

ISLAMABAD: Prime Minister Shehbaz Sharif condemned Israel on Wednesday for obstructing the United Nations Relief and...

Published 31 Oct, 2024 06:18am

'National Action Plan for Health Security' discussed

LAHORE: A delegation along with the CEO National Institute of Health met Provincial Health Minister Khawaja Salman...

Published 31 Oct, 2024 06:18am

Toshakhana case: NAB issued notice on Nawaz’s plea to transfer reference back to NAB

ISLAMABAD: The Accountability Court on Wednesday issued notice to the National Accountability Bureau (NAB) ...

Published 31 Oct, 2024 06:18am

LGH constitutes body to provide medical facilities to prisoners

LAHORE: A seven-member committee consisting of senior doctors of the Lahore General Hospital (LGH) has been...

Published 31 Oct, 2024 06:18am

Imaan Mazari, husband: IHC suspends ATC’s order of physical remand

ISLAMABAD: The Islamabad High Court (IHC) on Wednesday suspended the Anti-Terrorism Court’s order of three-day...

Published 31 Oct, 2024 06:18am

Plea against granting of physical remand of Swati: IHC annoyed over ATC judge for hearing at night time

ISLAMABAD: The Islamabad High Court (IHC) expressed annoyance over the Anti-Terrorism Court (ATC) judge Abual Hasnat...

Published 31 Oct, 2024 06:18am

EPA designates specific areas as 'air pollution hotspots'

LAHORE: The Environmental Protection Agency (EPA) Punjab has designated specific areas of Lahore as "air pollution...

Published 31 Oct, 2024 06:18am

Petition against 26th constitutional amendment as objection case: CJ LHC asks petitioner to furnish details of similar matter pending before SC

LAHORE: The Chief Justice Lahore High Court on Wednesday hearing a petition against the 26th constitutional ...

Published 31 Oct, 2024 06:18am

CCP to take up issue of pending court cases/stay orders with AGP

ISLAMABAD: State Minister for Finance and Revenue Ali Pervaiz Malik Wednesday assured the Competition Commission of...

Published 31 Oct, 2024 06:18am

Bilawal congratulates new office-bearers of SCBA

ISLAMABAD: Chairman Pakistan People's Party (PPP) Bilawal Bhutto Zardari has extended his heartiest congratulations...

Published 31 Oct, 2024 06:18am

ATC grants bail to 532 PTI workers in various cases

ISLAMABAD: An Anti-Terrorism Court (ATC) granted bail to 532 Pakistan Tehreek-e-Insaf (PTI) workers on Wednesday and...

Published 31 Oct, 2024 06:18am

Shehbaz arrives in Qatar

DOHA: Prime Minister Shehbaz Sharif on Wednesday arrived in Doha on two-day official visit at the invitation of Amir...

Published 31 Oct, 2024 06:18am

Major, 2 soldiers martyred

KARACHI: A Pakistan Army major and two soldiers were martyred during an intelligence-based operation (IBO) in Khyber...

Published 31 Oct, 2024 06:18am

CJP appoints Justice Mansoor as SC ADR body head

KARACHI: Supreme Court senior puisne judge Justice Mansoor Ali Shah was nominated as the chairman of the Alternate...

Published 31 Oct, 2024 06:18am

Attack on Justice Isa in London: Authorities ordered to block CNICs, passports of attackers

ISLAMABAD: Condemning the attack on former chief justice Qazi Faez Isa in London, Interior Minister Mohsin Naqvi on...

Published 31 Oct, 2024 06:18am

Overseas Pakistanis: President signs bill for creation of special courts

ISLAMABAD: President of Pakistan Asif Ali Zardari has signed a bill establishing special courts for property matters...

Published 31 Oct, 2024 06:18am

The scientific revolution’s call to rulers

The scientific and technological revolution that began after World War II has fundamentally reshaped global...

Updated 31 Oct, 2024 07:53am

Solar showdown: the untold power play behind Pakistan’s energy revolution—II

Residential net metered solarization, Considering that the domestic net-metered solar systems are contributing only...

Updated 01 Nov, 2024 04:11pm

CM for starting ‘climate diplomacy’ with India to tackle smog challenge

LAHORE: Expressing concern over the issue of smog, Punjab Chief Minister Maryam Nawaz has reiterated her call of...

Published 31 Oct, 2024 06:18am

Rates

PSX turns bearish

KARACHI: Pakistan Stock Exchange on Wednesday opened on a positive note hitting new highest-ever intraday high,...

Published 31 Oct, 2024 06:18am

Letters

‘President Xi’s shared prosperity model’

This is apropos two back-to-back letters to Editor titled “President Xi’s shared prosperity model” carried by...

Updated 31 Oct, 2024 07:47am

Stocks

Wall St gains as Alphabet lifts Nasdaq to fresh record high

NEW YORK: US stock indexes advanced on Wednesday, with the tech-heavy Nasdaq rising to a record high, as investors...

Published 31 Oct, 2024 06:18am

Stocks

FTSE 100 falls after Labour’s first budget

LONDON: The UK’s FTSE 100 fell to an over two-month low on Wednesday, dragged down by the healthcare sector, while...

Published 31 Oct, 2024 06:18am

Stocks

China and HK stocks drop as US election risks loom

HONG KONG: China and Hong Kong stocks dipped on Wednesday, with investors cautious ahead of the US election, while...

Published 31 Oct, 2024 06:18am

Stocks

Nikkei closes at 2-week peak as tech shares track Nasdaq

TOKYO: Japan’s Nikkei share average rose to a two-week closing high on Wednesday, as technology stocks tracked the...

Published 31 Oct, 2024 06:18am

Commodities

Copper falls with stronger dollar

LONDON: Copper prices fell on Wednesday with a stronger dollar while traders braced for a neck-to-neck US...

Published 31 Oct, 2024 06:18am

Rates

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 143,695 tonnes of cargo comprising 81,158 tonnes of import cargo and 62,537...

Published 31 Oct, 2024 06:18am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (October 30, 2024)...

Published 31 Oct, 2024 06:18am

Cotton & Textile

Stable trend on cotton market

LAHORE: The local cotton market on Wednesday remained steady and the trading volume remained satisfactory. Cotton...

Published 31 Oct, 2024 06:18am

Energy

Oil prices rebound

NEW YORK: Oil prices rebounded on Wednesday, rising more than 2% after data showed US crude and gasoline inventories...

Published 31 Oct, 2024 06:18am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 31 Oct, 2024 06:18am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Wednesday (October 30, 2024). ========================== KIBOR...

Published 31 Oct, 2024 06:18am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on...

Published 31 Oct, 2024 06:18am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (October 30, 2024) . ====================================...

Published 31 Oct, 2024 06:18am

Forex

Dollar's rate in Interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (October 30, 2024) . ======================== Open ...

Published 31 Oct, 2024 06:18am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (October 30, 2024) ....

Published 31 Oct, 2024 06:18am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (October 30, 2024) ....

Published 31 Oct, 2024 06:18am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (October 30, 2024)...

Published 31 Oct, 2024 06:18am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Wednesday (October 30, 2024) . =======================================...

Published 31 Oct, 2024 06:18am

Rates

LME official prices

LONDON: The following were Tuesday official prices. ========================================= ALUMINIUM...

Published 31 Oct, 2024 06:18am

Scope highlighted for increasing trade with Maldives

KARACHI: Pakistan’s High Commissioner to Maldives Faisal Rasul Lodhi, while highlighting the potential for ...

Published 31 Oct, 2024 06:18am

PBIF chief seeks strengthening of rupee

KARACHI: President, Pakistan Business Forum (PBF) Khawaja Mehboob ur Rehman urged the Finance Minister Muhammad...

Published 31 Oct, 2024 06:18am

Need stressed to enhance manpower export in hospitality sector

KARACHI: Pakistan's government, in collaboration with the private sector, could provide training in various skills ...

Published 31 Oct, 2024 06:18am

National trade policy ineffective in simplifying tariff structure: report

ISLAMABAD: The National Tariff Policy (2019-24) was a step in the right direction but remained ineffective in...

Published 31 Oct, 2024 06:18am

Taxes

KPRA launches monitoring & enforcement drive

PESHAWAR: As the wedding season kicks off and winter approaches, the Khyber Pakhtunkhwa Revenue Authority (KPRA) has...

Published 31 Oct, 2024 06:18am

Commodities

Gold prices hit a new high

KARACHI: The local gold prices hit a new high on Wednesday after the global market reached record-breaking levels,...

Published 31 Oct, 2024 06:18am

LSM negativity falls to 0.19pc: C/A surplus drops to $98m in Q1

Finance Division in its monthly economic update and outlook for October says economy has demonstrated sustained recovery during first quarter of fiscal year 2025

Updated 31 Oct, 2024 03:06pm

PM for keeping momentum to develop strong economic partnership with KSA

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

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