News Archives for Print - 2024-11-17

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Print - 2024-11-17

COPAIR, NDRMF forge alliance for climate innovation, resilience

BAKU: Centre for Pakistan and International Relations (COPAIR) and the National Disaster Risk Management Fund ...

Published 17 Nov, 2024 06:00am

Energy

Russia cuts gas to Austria in payment dispute, keeps EU flows

MOSCOW: Russia halted gas supplies to Austria on Saturday in a dispute over payments but was still pumping steady...

Published 17 Nov, 2024 05:55am

‘Go Green’ enters 4th year

KARACHI: Go Green project focused on plantation of mangrove species has entered fourth year with a goal to plant...

Published 17 Nov, 2024 05:55am

Industry

Objections raised on Amendment to Petroleum Act 1934

KARACHI: Atif Ikram Sheikh, President FPCCI, has apprised that Abdul Ali Khan, Director General of Explosives, has...

Published 17 Nov, 2024 05:53am

Taxes

PTBA urges CJP to help resolve high-profile pending tax matters

KARACHI: The Pakistan Tax Bar Association (PTBA) has formally approached the newly appointed Chief Justice of...

Published 17 Nov, 2024 05:51am

Tree-plantation drive to be carried out in Tharparkar launched

KARACHI: The Participatory Village Development Programme (PVDP) Sindh launched “Cool the Earth” initiative at a...

Published 17 Nov, 2024 05:46am

Awareness session on gender-based violence at brick kilns held

HYDERABAD: On the directives of Provincial Minister for Women Development Department, Government of Sindh Shaheena...

Published 17 Nov, 2024 05:45am

Bilawal condemns Kalat terror attack

ISLAMABAD: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto-Zardari has strongly condemned the terrorist attack...

Published 17 Nov, 2024 05:38am

Industry

LCCI, UBL organize seminar on ‘Women Entrepreneurship Day’

LAHORE: A seminar in connection with Women Entrepreneurship Day and campaign to enhance access to finance for women...

Published 17 Nov, 2024 05:36am

Commodities

Gold prices drift lower

Now,...

Published 17 Nov, 2024 05:35am

All eyes on G20 for breakthrough as COP29 climate talks stall

BAKU: Negotiations were deadlocked Saturday at the midway point of the UN climate summit, with hopes pinned on G20...

Published 17 Nov, 2024 05:10am

Europe

Farmers target PM Starmer in protest against new UK tax rules

LONDON: Hundreds of farmers, many in tractors, gathered in Wales on Saturday to protest against UK Prime Minister...

Published 17 Nov, 2024 05:10am

Middle East

Israeli strike kills 10 at Gaza school sheltering displaced families

GAZA CITY: An Israeli strike killed 10 Palestinians and wounded at least 20 others on Saturday at a school in Gaza...

Published 17 Nov, 2024 05:10am

As Trump return looms, Xi calls for more free trade in Asia

LIMA: With Donald Trump’s imminent return to the US presidency looming over the Asia-Pacific Economic Cooperation...

Published 17 Nov, 2024 05:10am

Taxes

Fraudsters including FBR guard held for illegal search

ISLAMABAD: A group of fraudsters including an armed guard of Inland Revenue, Federal Board of Revenue ((FBR) has ...

Published 17 Nov, 2024 05:10am

Schools: Rawalpindi district admin extends leave to 24th

ISLAMABAD: The district administration, Saturday, extended leaves in all public and private schools in Rawalpindi...

Published 17 Nov, 2024 05:10am

Governor for changing police culture for the better

LAHORE: Inspector General Police Punjab, Dr Usman Anwar called on Governor Punjab Sardar Saleem Haider Khan here...

Published 17 Nov, 2024 05:10am

Child killed after falling off from bus

ISLAMABAD: A four-year-old child was killed after falling under a metro bus while getting off the bus with his ...

Published 17 Nov, 2024 05:10am

Those resorting to protest won’t succeed: Nawaz

LONDON: Former prime minister and Pakistan Muslim League-Nawaz (PML-N) President Nawaz Sharif, Punjab Chief Minister...

Published 17 Nov, 2024 05:10am

Marriages of poor girls: registration process completed

LAHORE: The registration process for marriages of underprivileged girls in Punjab has been successfully completed as...

Published 17 Nov, 2024 05:10am

Operations to combat smog in full swing

LAHORE: Senior Provincial Minister Maryam Aurangzeb has announced that operations to combat smog in Lahore are in...

Published 17 Nov, 2024 05:10am

Key commander among three terrorists arrested at Hangu: DPO

PESHAWAR: Hangu police on Saturday arrested three terrorists including their key commander who were trying to enter...

Published 17 Nov, 2024 05:10am

KP governor inaugurates uplift projects in DI Khan

DERA ISMAIL KHAN: Khyber Pakhtunkhwa Governor Faisal Karim Kundi inaugurated the newly completed development ...

Published 17 Nov, 2024 05:10am

NDMA Chief discusses crucial issues related to climate challenges with Jin at COP29

BAKU: National Disaster Management Authority (NDMA), Chairman Lt Gen Inam Haider Malik, on Saturday discussed ...

Published 17 Nov, 2024 05:10am

KP discusses surge in polio cases and eradication strategy

PESHAWAR: Chief Secretary Khyber Pakhtunkhwa, Nadeem Aslam Chaudhry, presided over a critical meeting on polio...

Published 17 Nov, 2024 05:10am

May 9 mayhem: Tarar presents ‘undeniable evidence’ to media

ISLAMABAD: Federal Minister for Information, Ataullah Tarar has criticised Pakistan Tehreek-e-Insaf (PTI) while...

Published 17 Nov, 2024 05:10am

Taxes

PRA tightens grip on wedding halls, event complexes

LAHORE: The Punjab Revenue Authority (PRA) has tightened its grip on wedding halls and event complexes in Lahore by...

Published 17 Nov, 2024 05:10am

The Weather

KARACHI: The weather report on Saturday (November 16, 2024) and the forecast for Sunday (November 17, 2024)....

Published 17 Nov, 2024 05:10am

PM condemns attack

ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday strongly condemned the terrorists’ attack on unarmed ...

Published 17 Nov, 2024 05:10am

Seven soldiers martyred; BLA claims responsibility

QUETTA: Militants fired on a paramilitary border post in Balochistan, killing seven soldiers, local authorities said...

Updated 17 Nov, 2024 05:02pm

New date yet to be announced after polio vaccination boycotted in Kurram

ISLAMABAD: The administration has yet to announce a new date for the polio vaccination drive, following the recent...

Updated 17 Nov, 2024 09:44am

ANP leader Ilyas Bilour passes away

PESHAWAR: Ilyas Ahmad Bilour, a veteran politician, leading businessman and former senator has passed away after...

Published 17 Nov, 2024 05:10am

ICT: surge in crimes

ISLAMABAD: In a troubling surge in criminal activity, car lifters and robbers stole or snatched 59 vehicles,...

Published 17 Nov, 2024 05:10am

IDEAS 2024 to begin on 19th

KARACHI: The 12th International Defence Exhibition and Seminar (IDEAS) 2024 is set to commence on November 19 at the...

Published 17 Nov, 2024 05:10am

Zardari condoles Bilour’s death

ISLAMABAD: President Asif Ali Zardari expressed deep grief and sorrow over the death of Awami National Party (ANP)...

Updated 17 Nov, 2024 06:34am

‘World Day of Remembrance for Road Traffic Crashes’ marked

LAHORE: The ‘World Day of Remembrance for Road Traffic Crashes’ was marked here on Saturday like other parts of...

Updated 17 Nov, 2024 06:40am

BoR can’t cancel allotment after proprietary rights vested thru registered sale deed: LHC

LAHORE: The Lahore High Court (LHC) held that the Board of Revenue (BoR) cannot cancel an allotment after ...

Updated 17 Nov, 2024 06:58am

Bangladesh’s textile triumph

To understand the disparities in textile exports between Pakistan and Bangladesh, it is essential to examine several...

Updated 17 Nov, 2024 06:16am

Letters

‘Failure of Democrats and victory of Trump’

This is apropos a letter to the Editor titled “Failure of Democrats and victory of Trump” from this writer...

Updated 17 Nov, 2024 06:19am

Energy

LESCO says 1933 feeders exempted from load-shedding

LAHORE: In a significant move to optimize power distribution, the Lahore Electric Supply Company (LESCO) has ...

Published 17 Nov, 2024 05:10am

Energy

Oil weaker on uncertainty over Fed rate cut

HOUSTON: Oil prices settled down more than 2% on Friday as investors fretted about weaker Chinese demand and a...

Updated 17 Nov, 2024 07:33am

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 31.112 ...

Published 17 Nov, 2024 05:10am

Commodities

Palm oil climbs after 3 days of fall

JAKARTA: Malaysian palm oil futures rose on Friday after three straight sessions of losses, supported by recovery in...

Published 17 Nov, 2024 05:10am

Cotton & Textile

Spot rate firm amid slow business activity

LAHORE: The local cotton market on Saturday remained easy and the trading volume remained low. Cotton Analyst ...

Published 17 Nov, 2024 05:10am

Commodities

Gold set for biggest weekly fall in 3 years

NEW YORK: Gold prices on Friday were on track for their biggest weekly decline in over three years as expectations ...

Published 17 Nov, 2024 05:10am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (November 16, 2024). ======================================= ...

Published 17 Nov, 2024 05:10am

Aurangzeb rules out ‘mini-budget’

The finance minister says Pakistan has successfully achieved the primary surplus target, the cabinet has approved the National Fiscal Pact, and there is no need to revise the NFC

Updated 17 Nov, 2024 05:01pm

Agri income levy: Punjab govt emulates FBR’s super tax structure

ISLAMABAD: The Punjab government has adopted super tax rates of Federal Board of Revenue (FBR) for imposing this tax...

Updated 17 Nov, 2024 08:55pm

Roll back state control in economy, IMF tells govt

ISLAMABAD: The International Monetary Fund (IMF) has asked Pakistan to decrease State intervention in the economy...

Updated 17 Nov, 2024 12:59pm

ZRI consumers in LIEDA: PD under fire over ‘AMR’ meter ‘impasse’

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has expressed its dissatisfaction with the Power...

Updated 17 Nov, 2024 02:16pm

Discos’ sell-off: SIFC to play key role

ISLAMABAD: The government has decided to give a central role to the Special Investment Facilitation Council (SIFC)...

Updated 17 Nov, 2024 01:00pm

Country unveils first National Carbon Market Policy

BAKU: Coordinator to Prime Minister on Climate Change Romina Khurshid Alam has said that Pakistan is now actively...

Updated 17 Nov, 2024 09:37am

Input tax claim and credit: SC defines applicability of Section 8 of Sales Tax Act

ISLAMABAD: The Supreme Court observed that Section 8 of the Sales Tax Act, 1990, only prohibits the claim, credit or...

Updated 17 Nov, 2024 09:38am

Battle against climate change: CM highlights role of children, youth

BAKU: Sindh Chief Minister Syed Murad Ali Shah stated that children and youth are not only the most vulnerable to...

Updated 17 Nov, 2024 09:38am

PTA streamlines VPN registration process

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has streamlined the VPN registration process for...

Updated 17 Nov, 2024 09:42am

Sherry criticises ‘letter of US Congress members’

ISLAMABAD: Reacting to the letter sent by US Congress members to President Biden, Pakistan People’s Party (PPP)...

Updated 17 Nov, 2024 01:00pm

Taxes

Former Senior VP FPCCI underscores need for urgent tax reforms

KARACHI: Syed Mazhar Ali Nasir,former Senior Vice President of the Federation of Chambers of Commerce and Industry...

Published 17 Nov, 2024 05:10am

Commodities

Growers cultivate wheat on 0.9m acres of land

LAHORE: Growers have cultivated wheat on 0.937 million acres of land against the target of bringing 1.82 million...

Published 17 Nov, 2024 05:10am

Surcharge on fossil fuels

EDITORIAL: It’s been learnt that one of the key measures under consideration to increase the tax-to-GDP ratio, as...

Updated 17 Nov, 2024 06:07am

Western media’s unprofessionalism

EDITORIAL: While politicians in Western countries with their undisguised bias in favour of Israel tend to paint...

Updated 17 Nov, 2024 06:08am

Commodities

Prices of kitchen items show upward trend

ISLAMABAD: The prices of majority of essential kitchen items witnessed an upward trend during the week past as...

Updated 17 Nov, 2024 06:14am

Energy

HSD, petrol prices unchanged: Govt reduces adjustments in exchange rate, IFEM components

ISLAMABAD: The government has decided against implementing a significant increase in fuel prices as recommended by...

Published 17 Nov, 2024 05:10am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	155.74
USD to Swiss Franc / Jan 17	0.91
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 16	5,937.34
Nasdaq / Jan 16	19,338.29
Dow Jones / Jan 16	43,153.13
India Sensex / Jan 17	76,671.81
Tokyo Nikkei / Jan 17	38,451.46
Hang Seng / Jan 17	19,567.81
FTSE 100 / Jan 17	8,477.94
Germany DAX 30 / Jan 17	20,852.83

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 16	18,785
Gold 10 Grams PKR / Jan 16	241,941
Crude Oil USD/Barrel / Jan 17	79.09
Gold Spot USD/Ounce / Jan 17	2,713.02
Cotton US¢/pound / Jan 17	67.05
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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