News Archives for Print - 2024-11-03

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Print - 2024-11-03

CTD arrests 12 ‘terrorists’

LAHORE: The Counter Terrorism Department (CTD) in Punjab province foiled a major terror plan by arresting 12...

Published 03 Nov, 2024 07:57am

JI to challenge ‘amendment’

LAHORE: Chief Jamaat-e-Islami (JI) Hafiz Naeem-ur-Rehman has reiterated that the 26th constitutional amendment is a...

Published 03 Nov, 2024 07:56am

U-19 Women’s T20: Conquerors to take on Strikers in final today

LAHORE: Komal Khan-led Conquerors will take on Zoofishan Ayyaz’ Strikers in the final of the U-19 Women’s T20...

Published 03 Nov, 2024 07:54am

Taxes

Rectification process simplification brings relief to taxpayers

LAHORE: After years of struggling with errors in tax assessments, Pakistani taxpayers are embracing a simplified...

Published 03 Nov, 2024 07:46am

Govt urged to ‘revive’ PIA privatisation process

LAHORE: Former Caretaker Federal Minister for Commerce and Chairman of the FPCCI Pakistan Economic Revival and ...

Published 03 Nov, 2024 07:44am

Toshakhana II: Indictment of IK, Bushra postponed

ISLAMABAD: A special court, on Saturday, once again postponed the indictment of Pakistan Tehreek-e-Insaf (PTI)...

Published 03 Nov, 2024 07:41am

Pakistan-Russia ties progressing rapidly: CG

KARACHI: The Consul General of Russian Federation in Karachi Andrey V Fedorov has said the bilateral cooperation...

Published 03 Nov, 2024 07:38am

Commodities

Gold prices lose further ground

KARACHI: The local gold prices further slumped on Saturday due to the continuing downturn in the international...

Published 03 Nov, 2024 07:33am

Industry

$2bn Maersk Line investment to be discussed on 12th: minister

KARACHI: To finalise the matter of $2 billion investment in Pakistan by the Denmark’s giant Maersk Line, it will ...

Published 03 Nov, 2024 07:31am

Letters

The 26th Constitutional Amendment

The 26th Constitutional Amendment in the Constitution of Pakistan, however controversial, has the potential to bring...

Published 03 Nov, 2024 07:28am

Protecting animal rights

EDITORIAL: Many, if not most, people lack sympathy for animals, making them suffer in silence. Cruelty to animals in...

Published 03 Nov, 2024 07:24am

Anti-Muslim discrimination in EU countries

EDITORIAL: Racism goes hand in hand with Islamophobia in Western countries. A recently published report by the EU...

Published 03 Nov, 2024 07:18am

Desperate need for institutional reform

EDITORIAL: The government must explain the reasons for the country’s disgraceful fall to third-worst among 142...

Published 03 Nov, 2024 07:13am

Dilemmas facing downward interest rate cycle

Once again, the economist community is busy in speculating how much the policy rate will fall in the upcoming ...

Published 03 Nov, 2024 07:08am

UN talks on saving nature stumble on finance hurdle

CALI, COLOMBIA: The world’s biggest nature conservation conference closed in Colombia on Saturday with no ...

Published 03 Nov, 2024 06:34am

US hiring slowest since Biden took office

WASHINGTON: US job growth slowed drastically in October, hit temporarily by hurricanes and labor strikes, in a final...

Published 03 Nov, 2024 06:34am

Court upholds arrest warrants for Gandapur

ISLAMABAD: A local court, on Saturday, again upheld the arrest warrants issued for Khyber-Pakhtunkhwa Chief Minister...

Published 03 Nov, 2024 06:34am

UNESCO tracks surge in journalist killings in 2022-23

PARIS: Worldwide killings of journalists jumped in 2022-23 compared with the previous two years, UN cultural body...

Published 03 Nov, 2024 06:34am

COP29 at risk from graft, fossil fuel interests

PARIS: UN climate summits risk “being undermined by undue corporate influence and fossil fuel industry capture”,...

Published 03 Nov, 2024 06:34am

Five members nominated for Judicial Commission

ISLAMABAD: National Assembly Speaker Sardar Ayaz Sadiq nominated five members for formation of Judicial Commission...

Updated 03 Nov, 2024 09:55am

Need stressed to uphold constitution

KARACHI: Speakers at a seminar emphasized the urgent need to uphold the Constitution of Pakistan in its letter and...

Published 03 Nov, 2024 06:34am

Alarming rise in cases of armed robberies in Islamabad

ISLAMABAD: Islamabad is facing an alarming rise in armed robberies, with four bank and cash van incidents reported...

Published 03 Nov, 2024 06:34am

Industry

Italian envoy shows interest in livestock, dairy projects

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif on Saturday held a meeting with Italian ambassador to Pakistan...

Published 03 Nov, 2024 06:34am

‘Power show’ to be held at Swabi Interchange on 9th: CM

ISLAMABAD: Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur announced on Saturday that the party’s next power...

Published 03 Nov, 2024 06:34am

Energy

Country urged to move towards renewable energy generation

KARACHI: Experts, researchers, representatives of renewable energy companies and government officials have ...

Published 03 Nov, 2024 06:34am

Energy

US natural gas prices slip on mild forecasts

NEW YORK: US natural gas futures slid about 2% on Friday on forecasts for mild weather to continue through...

Published 03 Nov, 2024 06:34am

Energy

Oil prices up slightly

NEW YORK: Oil prices edged up on Friday on reports Iran was preparing a retaliatory strike on Israel from Iraq in...

Published 03 Nov, 2024 06:34am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (November 02, 2024). ======================================= ...

Published 03 Nov, 2024 06:34am

The Weather

KARACHI: The weather report on Saturday (November 02, 2024) and the forecast for Sunday (November 03, 2024)...

Published 03 Nov, 2024 06:34am

WCLA holds events honouring Dr Iqbal’s legacy

LAHORE: To pay tribute to the Poet of the East, Dr Muhammad Allama Iqbal, the Walled City of Lahore Authority (WCLA)...

Published 03 Nov, 2024 06:34am

Punjab planning agricultural malls in four cities

LAHORE: Punjab Information Minister Azma Bokhari has disclosed that Chief Minister Maryam Nawaz has planned to...

Published 03 Nov, 2024 06:34am

Pre-arrest bail of Special Assistant to KP CM rejected

ISLAMABAD: A local court, on Saturday, rejected pre-arrest bail of Special Assistant to the Khyber-Pakhtunkhwa Chief...

Published 03 Nov, 2024 06:34am

PFA intensifies drive against adulteration

LAHORE: In line with the zero-tolerance policy towards food adulteration, the Punjab Food Authority (PFA) has...

Published 03 Nov, 2024 06:34am

Country firmly believes in freedom of press: Acting President

ISLAMABAD: Acting President Syed Yousuf Raza Gillani said that Pakistan firmly believes in freedom of the press and...

Updated 03 Nov, 2024 08:16am

Beaconhouse organises SOT events

KARACHI: The seventeenth edition of SOT Events, organised by Beaconhouse, opened at the local hotel here. This...

Published 03 Nov, 2024 06:34am

Interim pre-arrest bail of PTI SG Salman Raja extended

LAHORE: An antiterrorism court on Saturday extended the interim pre-arrest bail of PTI Secretary General Salman ...

Published 03 Nov, 2024 06:34am

ATC adjourns hearing of Swati's post-arrest bail pleas

ISLAMABAD: The Anti-Terrorism Court (ATC), on Saturday, adjourned the hearing of Pakistan Tehreek-e-Insaf (PTI)...

Published 03 Nov, 2024 06:34am

PM for bringing Israel to justice for killing journalists

ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday called upon the international community and various...

Updated 03 Nov, 2024 05:22pm

CDA faces criticism as audit reveals lack of transparency

ISLAMABAD: The Capital Development Authority (CDA) faced severe criticism after an audit revealed a lack of...

Updated 03 Nov, 2024 05:23pm

CJP says humane, effective prison system a must for fair legal framework

LAHORE: Chief Justice of Pakistan (CJP) Yahya Afridi stressed that a humane and effective prison system is essential...

Updated 03 Nov, 2024 06:30pm

Lahore pollution level hits new high

LAHORE: Despite green lockdown and other measures being taken by the Punjab government, the intensity of air...

Published 03 Nov, 2024 06:34am

CM can’t ban all kinds of transfers, postings: LHC

LAHORE: The Lahore High Court (LHC) held that the Chief Minister cannot ban all kinds of transfers and postings. The...

Updated 03 Nov, 2024 03:40pm

Germany to provide €20m for BTASP

ISLAMABAD: The Federal Republic of Germany will provide Euro 20 million for the second phase of Billion Tree...

Updated 03 Nov, 2024 09:53am

Bolstering ties: Russian ministerial delegation expected this month

ISLAMABAD: Pakistan and Russia are strengthening ties, as another high-level delegation is expected to visit...

Updated 03 Nov, 2024 09:53am

FBR to give cash awards to Inland Revenue officials

ISLAMABAD: The Federal Board of Revenue (FBR) will give cash rewards to the Inland Revenue officials as directed by...

Updated 03 Nov, 2024 09:54am

CJP summons JCP meeting

ISLAMABAD: Chief Justice of Pakistan Yahya Afridi has summoned the Judicial Commission of Pakistan (JCP) meeting...

Updated 03 Nov, 2024 09:54am

Commodities

Prices of essential kitchen items show rising trend

ISLAMABAD: The prices of essential kitchen items have witnessed an increasing trend during this week past against ...

Published 03 Nov, 2024 06:34am

Commodities

Japanese rubber futures down

SINGAPORE: Japanese rubber futures fell to their lowest in two months on Friday to close the week lower, as ...

Published 03 Nov, 2024 06:34am

Commodities

Chicago corn futures rise on US export demand, easing harvest pressure

CHICAGO: Chicago corn futures ticked up on Friday as export demand for US crops swelled and harvest pressure eased,...

Published 03 Nov, 2024 06:34am

Commodities

Copper gains on softer dollar as US jobs growth data disappoints

LONDON: Copper prices rose on Friday as disappointing US October jobs gain has firmed up chances of Federal Reserve...

Published 03 Nov, 2024 06:34am

Commodities

Iron ore dips on demand concerns

SINGAPORE: Iron ore futures prices dipped on Friday, but were on track for weekly gains as investors weighed a ...

Published 03 Nov, 2024 06:34am

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 43.909 ...

Published 03 Nov, 2024 06:34am

Commodities

Gold edges lower as US dollar, yields rise

NEW YORK: Gold prices edged down on Friday, pressured by a stronger US dollar and Treasury yields, but a weak job...

Published 03 Nov, 2024 06:34am

Commodities

Malaysian palm oil futures sour

KUALA LUMPUR: Malaysian palm oil futures jumped more than 3% on Friday, reaching the highest in almost two and a ...

Published 03 Nov, 2024 06:34am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (November 02, 2024)...

Published 03 Nov, 2024 06:34am

Cotton & Textile

Firm trend on cotton market

LAHORE: The local cotton market on Saturday remained steady and the trading volume remained a little bit low. ...

Published 03 Nov, 2024 06:34am

CFOs of insurance companies: SECP revises eligibility criteria

Under the new criteria, Fellow or Associate member of the Casualty Actuarial Society or the Institute of Actuaries in England or Society of Actuaries in the United States of America with at least 5 years of managerial experience shall also be eligible

Updated 03 Nov, 2024 10:40pm

$213m IFRAP likely to be restructured

ISLAMABAD: The World Bank “Integrated Flood Resilience and Adaptation Project (IFRAP)” of worth $213 million is...

Updated 03 Nov, 2024 08:42pm

Interest Rates

PVMA for reduction in interest rate

KARACHI: Pakistan Vanaspati Manufacturers Association (PVMA) Chairman, Sheikh Umer Rehan, has strongly urged the...

Updated 03 Nov, 2024 09:49am

Industry

Dairy, food sectors: LCCI organises show to highlight importance

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) on Saturday successfully organized a product and...

Updated 03 Nov, 2024 09:49am

Interest Rates

Business leaders demand cut in interest rates

KARACHI: President of the United Business Group (UBG), Zubair F Tufail, former Senior Vice President of FPCCI Mazhar...

Published 03 Nov, 2024 06:34am

Companies

Shagufta Munaf unveils her brand, SM Lumiere

KARACHI: Shagufta Munaf unveiled her brand, SM Lumiere, on Saturday, presenting unique and attractive stylish ...

Published 03 Nov, 2024 06:34am

Interest Rates

‘SBP shouldn’t be overly cautious while announcing monetary policy’

KARACHI: Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals...

Published 03 Nov, 2024 06:34am

Taxes

MTBA concerned about theft of non-duty paid cigarettes

ISLAMABAD: Multan Tax Bar Association (MTBA) has expressed grave concern over the disappearance of at least 300...

Published 03 Nov, 2024 06:34am

Companies

Kaspersky, Transworld join hands to provide cybersecurity solution for child safety

ISLAMABAD: Kaspersky, a global cybersecurity and digital privacy company, has announced a strategic partnership with...

Published 03 Nov, 2024 06:34am

Industry

Scope of cooperation of Gherzi for fibre recycling, renewable energy highlighted

LAHORE: Central Chairman All Pakistan Textile Mills Association (APTMA) Kamran Arshad on Saturday highlighted a ...

Published 03 Nov, 2024 06:34am

Taxes

FBR clarification

ISLAMABAD: Federal Board of Revenue (FBR) here regretted to note that some electronic media channels have aired an...

Published 03 Nov, 2024 06:34am

Industry

Chairman APCPLA praises Pak-KSA agreement

FAISALABAD: Chairman All Pakistan Cotton Power Looms Association (Registered) Chaudhry Khalid Mehmood Cheema has...

Updated 03 Nov, 2024 08:11am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98
Hang Seng / Jan 21	20,098.89
FTSE 100 / Jan 21	8,529.98
Germany DAX 30 / Jan 21	20,988.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Cotton US¢/pound / Jan 21	68.02
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
786 Invest Ltd / Jan 21 786 Investments Limited(786)	10.98 ▲ 1.00 (10.02%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	45.21 ▼ -5.02 (-9.99%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.62 ▼ -1.62 (-8.88%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9 ▼ -0.81 (-8.26%)
Dadabhoy Cement / Jan 21 Dadabhoy Cement Industries Limited(DBCI)	5.10 ▼ -0.43 (-7.78%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	526 ▼ -43.96 (-7.71%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	111,866,059 ▲ 0.44
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	69,297,556 ▲ 0.05
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	64,182,488 ▼ -0.09
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.94
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	51,882,881 ▲ 0.34
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.39
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	23,353,008 ▼ -1.60
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -5.02
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	21,890,802 ▼ -1.62

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