News Archives for Print - 2024-11-18

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Print - 2024-11-18

23 arrested in India’s Manipur after violent protests

GUWAHATI: Police arrested 23 people on Sunday in the northeastern Indian state of Manipur for ransacking and setting...

Published 18 Nov, 2024 02:54am

South Asia

India’s successful test of hypersonic missile puts it among elite group

NEW DELHI: India has successfully tested a domestically developed long-range hypersonic missile, it said on Sunday,...

Published 18 Nov, 2024 02:54am

Israel kills dozens in Gaza and Lebanon strikes

GAZA STRIP: Israeli strikes killed dozens in Gaza Sunday, the civil defence there said, and also hit a central ...

Published 18 Nov, 2024 02:54am

Europe

45 suspected in Amsterdam violence probe: Dutch police

AMSTERDAM: Dutch police said Sunday they were probing 45 people for violent crimes in relation to unrest surrounding...

Published 18 Nov, 2024 02:54am

Europe

Russia, China mull new gas route via Kazakhstan

MOSCOW: Russia and China were discussing a new route for supply of up to 35 billion cubic metres a year of Russian...

Published 18 Nov, 2024 02:54am

US says its climate financing reached $11bn this year

MANAUS (Brazil): President Joe Biden is using a historic trip to the Amazon on Sunday to highlight that US bilateral...

Published 18 Nov, 2024 02:54am

USA

Biden allows Ukraine to use US arms to strike inside Russia

WASHINGTON: President Joe Biden’s administration will allow Ukraine to use US-provided weapons to strike deep into...

Published 18 Nov, 2024 02:54am

Spanish team tours Lahore’s historic sites

LAHORE: A delegation of the Spanish Senate Foreign Affairs Committee toured several historic landmarks of the city ...

Published 18 Nov, 2024 02:54am

The Weather

KARACHI: The weather report on Sunday (November 17, 2024) and the forecast for Monday (November 18, 2024)....

Published 18 Nov, 2024 02:54am

CM condemns Kalat post attack

LAHORE: Punjab Chief Minister Maryam Nawaz paid rich tribute to the security forces for sending six militants to...

Published 18 Nov, 2024 02:54am

NDMA dispatches 19th shipment, 17 tons of aid to Gaza

ISLAMABAD: National Disaster Management Authority (NDMA) dispatched its 19th shipment of aid on Sunday to Gaza,...

Published 18 Nov, 2024 02:54am

HRCP calls for consensus on ‘civilian autonomy’

KARACHI: On concluding its 38th annual general meeting, the general body of the Human Rights Commission of Pakistan...

Published 18 Nov, 2024 02:54am

‘USAID leads country’s renewable energy transformation’

KARACHI: A small village in southern Pakistan, where light after sunset was once a rare luxury, now glows with ...

Published 18 Nov, 2024 02:54am

Murad showcases SPHF programme initiatives at COP29

KARACHI: Chief Minister Sindh, Syed Murad Ali Shah, showcased the remarkable achievements of the Sindh People’s...

Published 18 Nov, 2024 02:54am

Dr Mahrung meets ANP leaders

QUETTA: A delegation from the Baloch Yekjehti Committee (BYC), led by Dr. Mahrung Baloch, visited Arbab House Quetta...

Published 18 Nov, 2024 02:54am

Agri-food value chain and role of pulping industry

The world’s food production has reached 4 billion metric tons per year, of which 1.3 billion tons is wasted. As ...

Published 18 Nov, 2024 02:54am

Call for promoting Iqbal’s thoughts among youth

FAISALABAD: “It is the need of the hour to instill the qualities of Iqbal’s Shaheen in the young generation so...

Published 18 Nov, 2024 02:54am

Pakistan’s tobacco control dilemma

Pakistan’s struggle with tobacco control reveals how industry interference and policymaker susceptibility can...

Published 18 Nov, 2024 02:54am

SU collaborates with SSWMB on ‘green campus waste solutions’

HYDERABAD: The University of Sindh (SU) has decided to collaborate with the Sindh Solid Waste Management Board...

Published 18 Nov, 2024 02:54am

Immediate restructuring of governmental system the need of the hour: PDP

KARACHI: Pasban Democratic Party (PDP) Chairman Altaf Shakoor here Sunday urged the government to bring efficient...

Published 18 Nov, 2024 02:54am

Bird strike incidents on the rise as airports lack repellent systems

KARACHI: Pakistan’s airports continue to operate without critical bird repellent systems despite more than 100 ...

Published 18 Nov, 2024 02:54am

Ilyas Bilour laid to rest

PESHAWAR: Awami National Party (ANP) leader, leading businessman and former senator Ilyas Ahmad Bilour was laid to...

Published 18 Nov, 2024 02:54am

JI disputes govt’s inflation reduction claim

ISLAMABAD: Jamaat-e-Islami Pakistan Ameer Hafiz Naeem-ur-Rehman has criticised the government’s recent claim of...

Published 18 Nov, 2024 02:54am

Netherlands cricket team due next year

LAHORE: Netherlands cricket team will visit Pakistan next year to play matches with the Pakistan “A” team. The...

Published 18 Nov, 2024 02:54am

KP govt to outsource more public-sector hospitals

PESHAWAR: The KP government has decided to outsource more public sector hospitals through Health Foundation and has...

Published 18 Nov, 2024 02:54am

PPP stands firm on Sindh’s water rights: spokesperson

SUKKUR: Barrister Arsalan Islam Sheikh, Spokesperson for the Sindh government and Mayor Sukkur, has said that the...

Published 18 Nov, 2024 02:54am

Punjab govt improving road safety: CM

LAHORE: “My sincere prayers for the forgiveness of all those who were separated due to road accidents,” said...

Published 18 Nov, 2024 02:54am

Moot condemns govt plans to ‘curb’ freedom of expression

KARACHI: A joint session of the journalists’ bodies and Human Rights Commission of Pakistan (HRCP) held at Karachi...

Published 18 Nov, 2024 02:54am

HCSTSI advocates setting up of Hajj Office, vaccination facility

HYDERABAD: The President, Hyderabad Chamber of Small Traders & Small Industry (HCSTSI), Muhammad Saleem Memon,...

Published 18 Nov, 2024 02:54am

Kissan Card will be game changer for agri development

LAHORE: Kissan Card will prove to be a game changer for agricultural development and prosperity of the farmers. So...

Published 18 Nov, 2024 02:54am

Measures aimed at checking inflation

The Consumer Price Index (CPI) for October 2024 was 7.2 percent against 6.9 percent the month before – a rise of...

Published 18 Nov, 2024 02:54am

Companies

Alibaba misses quarterly revenue estimates

SHANGHAI: Alibaba Group Holding missed analysts’ estimates for second-quarter sales on Friday, as persistent...

Published 18 Nov, 2024 02:54am

PTI founder names three new spokespersons

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan on Sunday appointed three official spokespersons....

Published 18 Nov, 2024 02:54am

St. Patrick’s School celebrates Children’s Day

KARACHI: St. Patrick’s School came alive with excitement as students celebrated Children’s Day with a grand...

Published 18 Nov, 2024 02:54am

ETEA introduces modern, transparent recruitment process in KP

PESHAWAR: In a significant step towards modernizing and ensuring transparency in the recruitment process for public...

Published 18 Nov, 2024 02:54am

21 Pakistanis among 100 foreigners executed in KSA

DUBAI: Saudi Arabia has executed more than 100 foreigners this year, according to an AFP tally indicating a sharp...

Updated 18 Nov, 2024 02:59pm

Stocks

Futures spread down 129bps

KARACHI: The futures spread declined by 129bps to 14.42 percent on the last day of the outgoing week. Trading...

Published 18 Nov, 2024 02:54am

Rates

Automart: car prices in Karachi

KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Sunday (November...

Published 18 Nov, 2024 02:54am

Commodities

Record 15MMT biofortified, zinc-enriched wheat harvested

KARACHI: Pakistan has made a groundbreaking achievement in agricultural development by harvesting a record 15 ...

Published 18 Nov, 2024 02:54am

Letters

‘Failure of Democrats and victory of Trump’

This is apropos two back-to-back letters to the Editor titled “Failure of Democrats and victory of Trump” from...

Published 18 Nov, 2024 02:54am

Cotton & Textile

Weekly Cotton Review: Spot rate decreases as mixed trend prevails

KARACHI: A mixed trend prevailed in cotton prices during the previous week, with low trading volume and a decline in...

Published 18 Nov, 2024 02:54am

Energy

LESCO collects over Rs7m from 301 defaulters in 24 hours

LAHORE: Lahore Electric Supply Company (LESCO) has recovered Rs 7.098 million from 301 dead defaulters in all the...

Published 18 Nov, 2024 02:54am

Govt approach to IPPs comes perilously close to coercion

EDITORIAL: Negotiations with Independent Power Producers (IPPs) are well under way in the second phase, following...

Published 18 Nov, 2024 02:54am

PIA sell-off challenge: crash-landing was long in the making

Six months ago, the buzz in Islamabad was that foreign airline giants were lining up to acquire a seemingly...

Published 18 Nov, 2024 02:54am

Stocks

European debt yields steady

FRANKFURT: Euro zone borrowing costs steadied on Friday, while US Treasury yields hovered near multi-month highs...

Published 18 Nov, 2024 02:54am

Stocks

FTSE 100 slips as pharma stocks weigh

LONDON: The main UK stock indexes slipped on Friday, with losses in AstraZeneca and GSK weighing on the blue-chip...

Published 18 Nov, 2024 02:54am

Stocks

Most Gulf markets fall on Fed rate cut concerns

DUBAI: Most Gulf stock markets fell on Sunday after U.S economic data and comments from Federal Reserve officials...

Published 18 Nov, 2024 02:54am

Stocks

Wall Street Week Ahead: Nvidia results in focus as stock market’s election boost stalls

NEW YORK: Nvidia Corp’s results in the coming week could guide the US stock market on its next path, as investors...

Published 18 Nov, 2024 02:54am

Rates

Marginal improvement

KARACHI: The rupee registered marginal improvement during the previous week as it gained Re0.07 or 0.02% against the...

Published 18 Nov, 2024 02:54am

Rover Mission: Suparco announces collaboration with China’s Chang’e 8 Mission

ISLAMABAD: The Space and Upper Atmosphere Research Commission (SUPARCO) has announced its collaboration on a...

Updated 18 Nov, 2024 09:19am

Salaried individuals: AGPR to upgrade SAP module to avoid lengthy refund processes

ISLAMABAD: On the recommendations of the Federal Tax Ombudsman (FTO), the Accountant General Pakistan Revenues...

Updated 18 Nov, 2024 03:00pm

Stocks

PSX hits highest-ever levels

KARACHI: Pakistan Stock Exchange continued its bullish trend and hit historic highest ever levels during the ...

Published 18 Nov, 2024 02:54am

Non-payment of refunds hits export of seasonal fruits hard

ISLAMABAD: The exporters of seasonal fruits have failed to meet export orders during winter due to non-payment of...

Updated 18 Nov, 2024 09:18am

Cargo ship unloads its containers: Direct Pak-BD route marks rebuilding ties

The 182-metre (597-foot) long container ship sailed from Karachi to Bangladesh’s Chittagong

Updated 18 Nov, 2024 03:00pm

Securities managers asked to issue IPS to their customers

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has directed the securities managers (eligible...

Updated 18 Nov, 2024 09:25am

KCCI seeks winter package sans KE’s involvement

ISLAMABAD: The Karachi Chamber of Commerce and Industry (KCCI) has called for the direct distribution of the Winter...

Updated 18 Nov, 2024 09:30am

There’s ‘nothing to hide’: Aurangzeb

ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb while painting a rosy picture of the economy on Sunday...

Updated 18 Nov, 2024 09:14am

PPRA redrafting regulatory framework

ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) is said to be redrafting regulatory framework,...

Updated 18 Nov, 2024 09:29am

Lahore’s air quality index improves

LAHORE: Senior Provincial Minister Marriyum Aurangzeb has said that Delhi’s smog index has surged from 601 to 720,...

Updated 18 Nov, 2024 09:16am

Govt approaches WB for $200m PHCIP restructuring

ISLAMABAD: The government has approached the World Bank (WB) for restructuring the “Punjab Human Capital Investment...

Updated 18 Nov, 2024 09:27am

Industry

PAJCCI concerned at decline in exports to Afghanistan, CIS

KARACHI: Pakistan-Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) President Junaid Makda has expressed...

Published 18 Nov, 2024 02:54am

Companies

Newage Cables signs 100m SAR MoU with Araib Group

LAHORE: Pakistan’s leading cable manufacturer, Newage Cables Pvt Ltd, has signed a significant Memorandum of...

Published 18 Nov, 2024 02:54am

Taxes

Tax evasion termed big threat to economy

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

Published 18 Nov, 2024 02:54am

Industry

PBF signs MoU with Azerbaijan’s private sector

ISLAMABAD: In a pivotal move to bolster regional trade and investment, Amna Munawwar Awan, Senior Vice President of...

Published 18 Nov, 2024 02:54am

Money & Banking

BOP Exchange inaugurates its Tricon Centre branch in Lahore

LAHORE: BOP Exchange inaugurated its Tricon Centre Branch in Lahore, marking a significant milestone in its mission...

Published 18 Nov, 2024 02:54am

‘Masterclass in climate destruction’

EDITORIAL: We’ve long since come to the point where you don’t really need high profile glitzy events like COP29...

Published 18 Nov, 2024 02:54am

Companies

GM laying off nearly 1,000 workers, mostly in US

WASHINGTON: General Motors is laying off nearly 1,000 workers worldwide, mostly in the US, as it looks to streamline...

Published 18 Nov, 2024 02:54am

Money & Banking

Yuan on course for seventh weekly drop

SHANGHAI: China’s yuan slipped against the dollar on Friday and looked set for the seventh straight weekly drop,...

Published 18 Nov, 2024 02:54am

Money & Banking

Australia, NZ dollars trampled by greenback bulls

SYDNEY: The Australian and New Zealand dollars nursed bruising losses for the week on Friday as their US counterpart...

Published 18 Nov, 2024 02:54am

Money & Banking

Sterling heads for worst weekly performance since Jan

LONDON: The pound headed for its biggest weekly loss since January on Friday, under pressure from weak UK economic...

Published 18 Nov, 2024 02:54am

Money & Banking

Strong dollar drag Russian rouble down

MOSCOW: The Russian rouble was trading around its lowest level against the dollar in over a year on Friday, hovering...

Published 18 Nov, 2024 02:54am

Prices of essential food items surge

PESHAWAR: A steep increase in prices of vegetable, pulses and cooking oil/ghee and other commodities were witnessed...

Published 18 Nov, 2024 02:54am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	281.75
USD PKR Interbank Buying / May 9	281.50
USD to Japanese Yen / May 9	145.15
USD to Swiss Franc / May 9	0.83
Pound Sterling to USD / May 9	1.33
Euro to USD / May 9	1.12
UK LIBOR % / May 8	4.96

Stock	Volume
S&P 500 / May 8	5,663.94
Nasdaq / May 8	17,928.14
Dow Jones / May 8	41,368.45
India Sensex / May 9	79,496.11
Tokyo Nikkei / May 9	37,503.33
Hang Seng / May 9	22,833.68
FTSE 100 / May 9	8,569.40
Germany DAX 30 / May 9	23,459.01
France CAC40 / May 9	7,731.05

Item	Value
Karachi Cotton PKR/37.32 KG / May 8	16,985
Gold 10 Grams PKR / May 8	302,383
Petrol/Litre / May 9	252.63
Crude Oil USD/Barrel / May 9	60.39
Gold Spot USD/Ounce / May 9	3,326.57
Diesel/Litre / May 9	256.64
Cotton US¢/pound / May 9	66.46

Gainers
Losers
Leaders

Stock	Price
First AL-Noor Mod. / May 9 First Al-Noor Modaraba(FANM)	3 ▲ 0.67 (28.76%)
Escorts Bank / May 9 Escorts Investment Bank Limited(ESBL)	6 ▲ 0.85 (16.5%)
Premier Insurance / May 9 Premier Insurance Limited(PINL)	5.15 ▲ 0.72 (16.25%)
UDL International / May 9 UDL International Limited(UDLI)	7.24 ▲ 0.99 (15.84%)
B. F. Mod. / May 9 B.F. Modaraba(BFMOD)	7.34 ▲ 0.99 (15.59%)
Abdullah Shah / May 9 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.48 ▲ 0.69 (14.41%)
LSE Capital / May 9 LSE Capital Limited(LSECL)	4.47 ▲ 0.56 (14.32%)
Chenab Ltd (Pref) / May 9 Chenab Limited (Pref)(CLCPS)	2.08 ▲ 0.26 (14.29%)
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	6.48 ▲ 0.76 (13.29%)
D.S. Ind. Ltd. / May 9 D.S. Industries Limited(DSIL)	3.95 ▲ 0.46 (13.18%)

Stock	Price
Cyan Limited / May 9 Cyan Limited(CYAN)	27 ▼ -5.08 (-15.84%)
Burj Clean Energy Modaraba / May 9 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.11 ▼ -1 (-12.33%)
Next Capital / May 9 Next Capital Limited(NEXT)	6.90 ▼ -0.92 (-11.76%)
Paramount Mod / May 9 First Paramount Modaraba(FPRM)	6.50 ▼ -0.78 (-10.71%)
Jubilee Spinning / May 9 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.38 ▼ -1 (-10.66%)
Din Tex. / May 9 Din Textile Mills Limited(DINT)	44.99 ▼ -5 (-10%)
At-Tahur Ltd. / May 9 At-Tahur Limited(PREMA)	42.57 ▼ -4.73 (-10%)
Khyber Tobacco / May 9 Khyber Tobacco Company Limited(KHTC)	342.26 ▼ -38.03 (-10%)
National Silk / May 9 The National Silk & Rayon Mills Limited(NSRM)	37.85 ▼ -4.2 (-9.99%)
Chakwal Spinning / May 9 Chakwal Spinning Mills Limited(CWSM)	36.85 ▼ -4.09 (-9.99%)

Stock	Volume
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	47,067,305 ▲ 0.06
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	33,276,520 ▲ 0.76
Sui South Gas / May 9 Sui Southern Gas Company Limited(SSGC)	29,120,731 ▼ -1.56
B.O.Punjab / May 9 The Bank of Punjab(BOP)	18,295,053 ▲ 0.46
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	15,283,592 ▲ 0.33
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	14,808,605 ▼ -1.33
Sui North Gas / May 9 Sui Northern Gas Pipelines Limited(SNGP)	14,766,407 ▲ 5.91
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,463,181 ▲ 0.12
Maple Leaf Cement / May 9 Maple Leaf Cement Factory Limited(MLCF)	13,534,480 ▲ 4.13
Kohinoor Spining / May 9 Kohinoor Spinning Mills Limited(KOSM)	13,314,651 ▲ 0.02

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