News Archives for Print - 2024-11-09

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Print - 2024-11-09

Toshakhana-II case: Court reserve verdict on IK, Bushra’s acquittal plea till 12th

ISLAMABAD: A special court hearing Toshakhana-II case against Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran...

Published 09 Nov, 2024 08:15am

Ex-BLA member exposes terrorist agenda amid fresh arrests

QUETTA: Talat Aziz, a former member of the banned Balochistan Liberation Army (BLA), publicly surrendered and spoke...

Published 09 Nov, 2024 08:13am

The Future Summit: Experts underscore crucial role of technology in broadening healthcare access

KARACHI: Healthcare industry experts and policymakers at summit underscored the crucial role that technology can...

Updated 09 Nov, 2024 12:00pm

Industry

Factors creating obstacles within SMEs highlighted

LAHORE: Over 84 percent of Pakistan’s workforce operates informally within SMEs and home-based working sector,...

Published 09 Nov, 2024 08:09am

FDA intensifies drive against illegal commercialization

FAISALABAD: On the instructions of Director General FDA Muhammad Asif Chaudhry, the departmental drive against...

Published 09 Nov, 2024 08:08am

‘BISP providing maximum support to underprivileged class’

ISLAMABAD: Chairperson of the Benazir Income Support Program (BISP) Rubina Khalid said on Friday that the BISP is...

Published 09 Nov, 2024 08:05am

K-Electric: ‘Tax being forcibly extracted from Karachi residents’

KARACHI: Saifuddin advocate, Leader of the Opposition in KMC and Deputy Emir of Jamaat-e-Islami Karachi, expressed...

Published 09 Nov, 2024 08:04am

KP govt launches two youth friendly initiatives

PESHAWAR: KP Chief Minister Sardar Ali Amin Khan Gandapur formally launched two new initiatives i.e. The Naujwan...

Published 09 Nov, 2024 08:02am

Closer of commercial activities after 8.00 pm: LHC orders Commissioner to convene stakeholders moot

LAHORE: The Lahore High Court on Friday observed that the measures being taken by the government are not sufficient...

Published 09 Nov, 2024 07:59am

Major-Gen Shamraiz assumes charge as DG Rangers Sindh

KARACHI: Major General Muhammad Shamraiz on Friday officially assumed the office as Director General (DG) Sindh...

Published 09 Nov, 2024 07:57am

Minister assures ABAD of complete elimination of land mafias, kidnappers

KARACHI: Provincial Minister for Home and Parliamentary Affairs Sindh Ziaul Hassan Lanjhar assured the ...

Published 09 Nov, 2024 07:55am

Industry

‘Need to restore confidence of local, foreign investors’

KARACHI: Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Muhammad Aman ...

Published 09 Nov, 2024 07:39am

Senate body told: Non-renewal of LDI licences can impact telecom ecosystem

ISLAMABAD: The non-renewal of Long Distance International (LDI) licences on account of outstanding dues of around Rs...

Published 09 Nov, 2024 07:33am

Chief Minister's Children's Heart Surgery Programme: Over 530 children successfully operated

LAHORE: Over 530 innocent children have been successfully operated under the Chief Minister's Children's Heart...

Published 09 Nov, 2024 07:32am

P&D Board signs agreement with Nadra

LAHORE: The Planning & Development Board signed an agreement with the NADRA to strengthen the Punjab Social...

Published 09 Nov, 2024 07:31am

PCB announces squad for ACC

LAHORE: The Pakistan Cricket Board (PCB) Friday confirmed the squad for the 50-over tri-series and ACC Under-19 Asia...

Published 09 Nov, 2024 07:28am

PITB revamps official Punjab govt portal

LAHORE: The Punjab Information Technology Board (PITB) has revamped the official Punjab Government portal...

Published 09 Nov, 2024 07:24am

PTA absolves itself from responsibility of securing e-devices

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has absolved itself from the responsibility of securing...

Published 09 Nov, 2024 07:22am

Judicial orders: PTI condemns govt’s blatant disregard

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) central information secretary Sheikh Waqas Akram strongly condemned the...

Published 09 Nov, 2024 07:20am

Taxes

Over Rs16bn revenue loss prevented by busting gangs of cyber criminals using foreign IPs/VPN/proxy servers

ISLAMABAD: Directorate General of Intelligence and Investigation-Inland Revenue (IR) has prevented revenue loss of...

Published 09 Nov, 2024 07:18am

SAU paves way for agri innovation, economic growth: Minister

HYDERABAD: Provincial Minister for Universities and Boards, Muhammad Ali Malkani, underscored the transformative...

Published 09 Nov, 2024 07:17am

UNGA body adopts four key Pak resolutions

NEW YORK: The First Committee of the United Nations General Assembly (UNGA) has adopted four key resolutions tabled...

Published 09 Nov, 2024 07:15am

Uplift schemes worth Rs3.6bn approved

LAHORE: The Provincial Development Working Party (PDWP) on Friday approved two development schemes worth Rs 3.6...

Published 09 Nov, 2024 07:14am

Commodities

Global food prices reach 18-month high: FAO

PARIS: Global food prices rose in October to their highest level in 18 months, with a sharp increase in the cost of...

Published 09 Nov, 2024 06:36am

PCB unaware of BCCI’s official decision on Champions Trophy: Naqvi

LAHORE: Pakistan Cricket Board (PCB) has not so far been communicated as to whether the Indian cricket team has...

Published 09 Nov, 2024 06:36am

Energy

PM announces power relief ‘winter package’

ISLAMABAD: At a time when electricity bills had become exorbitant and seemed to have reached a breaking point, Prime...

Published 09 Nov, 2024 06:36am

‘Iqbal Day’ today

LAHORE: “Iqbal Day” marking the birth anniversary of philosopher poet known as Poet of the East, Dr Allama...

Published 09 Nov, 2024 06:36am

JCP endorses SHC CJ’s proposal

ISLAMABAD: The Judicial Commission of Pakistan (JCP), unanimously, endorsed the Sindh High Court (SHC) chief...

Published 09 Nov, 2024 06:36am

India declines to travel for Champions Trophy

NEW DELHI: With the ICC Champions Trophy 2025 approaching, India has confirmed it will not travel to Pakistan for ...

Published 09 Nov, 2024 06:36am

Punjab bans entry to parks, zoos as air pollution worsens

LAHORE: Keeping in view the deteriorating situation of smog, the Environment Protection Department (EPD) on Friday...

Published 09 Nov, 2024 06:36am

LG minister to attend int’l conference in China

LAHORE: Punjab Local Government Minister Zeeshan Rafiq, accompanied by Secretary Local Government Shakeel Ahmed ...

Published 09 Nov, 2024 06:36am

CM Punjab announces historic package for wheat farmers

LAHORE: Under the vision of "Kisan Khushal, Punjab Khushal," a historic reward package worth billions of rupees has...

Published 09 Nov, 2024 06:36am

BECS Directorate General enrols over 10,000 out-of-school children

ISLAMABAD: The Directorate General of Basic Education Community Schools (BECS) enrolled more than 10,000...

Published 09 Nov, 2024 06:36am

Cyber security: Attackers use Telegram for malware delivery: GReAT report

ISLAMABAD: Kaspersky Global Research and Analysis team (GReAT) has uncovered a malicious global campaign in which...

Published 09 Nov, 2024 06:36am

Advisory body to make theatre plays civilized, family-friendly: Azma

LAHORE: Punjab Information Minister Azma Bokhari has announced that a seven-member advisory committee has been...

Published 09 Nov, 2024 06:36am

48 terrorist attacks occurred in Oct

ISLAMABAD: Almost 48 terrorist attacks occurred across the country in October 2024, as compared to 45 during the...

Published 09 Nov, 2024 06:36am

28th IAPTC annual conference concludes

RAWALPINDI: Closing ceremony of 28th Annual Conference of the International Association of Peacekeeping Training...

Published 09 Nov, 2024 06:36am

‘Pakistan-UK Education Gateway Phase-II’: Minister reviews new projects

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal chaired a high-level...

Published 09 Nov, 2024 06:36am

Al-Qadir Trust case: AC hands over questionnaires to IK, Bushra

ISLAMABAD: The Accountability Court, on Friday, handed over questionnaires under Section 342 of the Code of Criminal...

Published 09 Nov, 2024 06:36am

Jail superintendent ordered to arrange IK’s meetings with counsel, others

ISLAMABAD: The Islamabad High Court (IHC) directed superintendent of Adiala Jail to arrange a meeting between ...

Published 09 Nov, 2024 06:36am

UAF declared 49th best world university

FAISALABAD: The University of Agriculture Faisalabad has entered the elite 50 universities of the globe by jumping ...

Published 09 Nov, 2024 06:36am

Customs dept under fire for issuing time-barred notices

LAHORE: The customs department is facing intense criticism for issuing time-barred notices, creating unnecessary...

Published 09 Nov, 2024 06:36am

NA body vows to elevate national healthcare through decisive reforms

ISLAMABAD: The National Assembly Standing Committee on National Health Services and Regulations has resolved to...

Published 09 Nov, 2024 06:36am

‘Human anti-D immunoglobulin’ injection in market: DRAP issues immediate recall alerts

ISLAMABAD: Following the identification of falsified Rhophylac 300mcg PFS, human Anti-D immunoglobulin injection in...

Published 09 Nov, 2024 06:36am

The Weather

KARACHI: The weather report on Friday (November 09, 2024) and the forecast for Saturday (November 09, 2024)...

Published 09 Nov, 2024 06:36am

Rates

PSX hits highest-ever levels

KARACHI: Pakistan Stock Exchange (PSX) on Friday achieved a new historic milestone and hit highest ever levels on ...

Published 09 Nov, 2024 06:36am

Cotton & Textile

Sluggish business on cotton market

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

Published 09 Nov, 2024 06:36am

Energy

Sui Development and Production Lease: PPL clarification

KARACHI: Pakistan Petroleum Limited (PPL) seeks to clarify the status of Sui Development and Production Lease. The...

Published 09 Nov, 2024 06:36am

Export industry: challenges and solutions

It is heartening to note that a multinational company operating in Pakistan has successfully showcased and set an...

Updated 09 Nov, 2024 08:22am

Controlling container traffic

A horrible accident took place around the Native Jetty Bridge the other day. A truck with containers was crossing ...

Updated 09 Nov, 2024 08:24am

Letters

America’s freedom of opinion: equality or exclusivity?

To truly understand a society, community, county, or country, the best approach is to engage directly with the ...

Updated 09 Nov, 2024 08:29am

PARTLY FACETIOUS: Thinking about and planning for future, not just the present

“It’s all relative, isn’t it! I reckon double think is the right phrase to use – a phrase used by George...

Published 09 Nov, 2024 06:36am

Power crisis and the way forward

IPPs (independent power producers) were created under Government’s power policies, which were promulgated over the...

Updated 09 Nov, 2024 08:27am

Stocks

Sri Lankan shares end higher

BENGALURU: Sri Lankan shares closed higher on Friday, aided by gains in communication services and consumer staples...

Published 09 Nov, 2024 06:36am

Stocks

S&P 500 nears 6,000 mark as Trump win

NEW YORK: The S&P 500 index inched closer to the 6,000 mark and the Dow gained on Friday, as a sweeping Trump...

Published 09 Nov, 2024 06:36am

Stocks

European shares log third week of declines on China, tariff jitters

FRANKFURT: Europe’s benchmark STOXX 600 logged its third consecutive week of declines on Friday, hurt by...

Published 09 Nov, 2024 06:36am

Stocks

China stocks end lower as expectations cool for Beijing’s fiscal stimulus

SHANGHAI: China and Hong Kong stocks declined on Friday but booked their best week in a month, as investors lowered...

Published 09 Nov, 2024 06:36am

Stocks

Nikkei posts biggest weekly gains since Sept

TOKYO: Japan’s Nikkei share average rose on Friday, locking in its largest weekly gains since September, although...

Published 09 Nov, 2024 06:36am

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 09 Nov, 2024 06:36am

Forex

Open market rates of foreign currencies

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

Published 09 Nov, 2024 06:36am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (November 09, 2024). ======================== Open Bid...

Published 09 Nov, 2024 06:36am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (November 09, 2024)....

Published 09 Nov, 2024 06:36am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (November 09, 2024). ==================================== BR...

Published 09 Nov, 2024 06:36am

CCP issues report on state of competition in power sector: Discos asked to strengthen MIRAD for better business planning

Report highlights significant presence and impact of state-owned enterprises on competition within the power sector

Updated 09 Nov, 2024 02:59pm

Cabinet decides to divide NTDC into two entities

ISLAMABAD: The Federal Cabinet has approved restructuring of National Transmission and Despatch Company (NTDC)...

Updated 09 Nov, 2024 02:10pm

3 imported coal-based IPPs to Thar coal: PPIB seeks details of Chinese Ad hoc Working Group on conversion

ISLAMABAD: The Private Power and Infrastructure Board (PPIB) has sought details of Chinese Ad hoc Working Group...

Updated 09 Nov, 2024 02:11pm

Govt will go for privatisation of PIA again: Aurangzeb

ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb, while admitting trust and credibility deficit with the...

Updated 09 Nov, 2024 07:11pm

FBR will impose new surcharge on fossil fuels

ISLAMABAD: The Federal Board of Revenue (FBR) will impose a new surcharge on fossil fuels to generate additional...

Updated 09 Nov, 2024 02:59pm

$3bn remittances in Oct: highest monthly inflow in FY25 so far

KARACHI: Pakistan received over $3 billion home remittances in October 2024, the highest monthly inflow so far in ...

Published 09 Nov, 2024 06:36am

Mengal, Dawar, others challenge 26th Amendment

ISLAMABAD: The Supreme Court was asked to declare that 26th Constitutional Amendment was passed contrary to the...

Updated 09 Nov, 2024 02:21pm

SJC examines 10 complaints against judges: No substantial evidence found

ISLAMABAD: The Supreme Judicial Council (SJC) on Friday examined 10 complaints against the judges under Article 209...

Updated 09 Nov, 2024 02:10pm

SPI inflation up by 0.24pc WoW

ISLAMABAD: The Sensitive Price Index (SPI) based inflation for the week ended November 7, 2024 increased by 0.24...

Updated 09 Nov, 2024 08:41am

Industry

PM vows to achieve $25bn IT export target

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday reiterated his government’s resolve to meet $25 billion IT...

Published 09 Nov, 2024 06:36am

Economic growth; Digitisation of economy key requisite: Aurangzeb

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has described the digitisation of...

Updated 09 Nov, 2024 08:44am

Smuggling of night-vision equipment: Inquiry against 7 FBR officials begins

ISLAMABAD: The Federal Board of Revenue (FBR) has started an inquiry against seven officers at Islamabad...

Updated 09 Nov, 2024 09:08am

Energy

Oil falls over 2pc

NEW YORK: Oil prices fell more than 2 percent on Friday as traders grew less fearful of prolonged supply disruptions...

Published 09 Nov, 2024 06:36am

Economy on the path of recovery: Tarar

ISLAMABAD: Federal Minister for Information and Broadcasting Attaullah Tarar has announced that Pakistan’s economy...

Published 09 Nov, 2024 06:36am

Pakistan-China-Tajikistan: Tajik delegates visit PCJCCI to tap potential sectors for trade

LAHORE: A five-member delegation from Tajikistan visited Pakistan-China Joint Chamber of Commerce and Industry...

Published 09 Nov, 2024 06:36am

Commodities

Gold prices recover sharply

KARACHI: The local gold prices saw a big recovery on Friday after the global market bounced back, traders said....

Published 09 Nov, 2024 06:36am

Reko Diq Mining Co to utilise PIBT’s terminal

KARACHI: The Reko Diq Mining Company (Private) Limited has identified and approached Pakistan International Bulk...

Published 09 Nov, 2024 06:36am

Economy on the mend

EDITORIAL: Minister of Finance Muhammad Aurangzeb while addressing the eighth edition of the “Future Summit”...

Updated 09 Nov, 2024 08:19am

Captive power phase-out: the show must go on

EDITORIAL: Only a few weeks into the latest International Monetary Fund (IMF) programme, the Prime Minister has been...

Updated 09 Nov, 2024 08:21am

Maize can help country fetch over $1bn annually: experts

KARACHI: With rising global demand, Pakistan’s maize holds immense potential to surpass a billion dollars in ...

Published 09 Nov, 2024 06:36am

Industry

Customs, rail, airport, maritime sectors: Four MoUs signed with UAE

ISLAMABAD: Pakistan and the United Arab Emirates (UAE) on Friday signed four MoUs in sectors such as customs, rail...

Published 09 Nov, 2024 06:36am

Forex reserves likely to reach $12bn mark: SBP

KARACHI: Governor of the State Bank of Pakistan (SBP), Jameel Ahmed has said that despite external debt servicing,...

Updated 09 Nov, 2024 09:05am

Industry

‘PBA is committed to supporting green financing solutions’

KARACHI: Muneer Kamal, CEO and General Secretary, Pakistan Banks’ Association (PBA) has said that PBA committed to...

Published 09 Nov, 2024 06:36am

Industry

Labour laws must ensure protection & welfare of workers: LCCI president

LAHORE: Labour laws should strike a delicate balance, ensuring the protection and welfare of workers while also...

Published 09 Nov, 2024 06:36am

Companies

Meezan Bank partners with Trifit Gym

KARACHI: Meezan Bank, Pakistan’s leading Islamic bank, has recently entered into an exclusive partnership with...

Published 09 Nov, 2024 06:36am

Companies

Ipsos unveils Global Trends at HBL Tower Karachi

KARACHI: Ipsos, a global leader in market research, launched its flagship survey “Ipsos Global Trends” at the ...

Published 09 Nov, 2024 06:36am

Money & Banking

US dollar on track for weekly gain

NEW YORK: The dollar rose on Friday and was heading for a slight weekly gain as investors evaluated the likely ...

Published 09 Nov, 2024 06:36am

Money & Banking

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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