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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

‘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

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

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

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

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

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

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 / 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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