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 / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	1.05
USD to Swiss Franc / Dec 17	0.90
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	154.09

Stock	Volume
S&P 500 / Dec 16	6,074.08
Nasdaq / Dec 16	20,173.89
Dow Jones / Dec 16	43,717.48
India Sensex / Dec 17	80,962.81
Tokyo Nikkei / Dec 17	39,364.68
Hang Seng / Dec 17	19,777.10
FTSE 100 / Dec 17	8,214.43
Germany DAX 30 / Dec 17	20,290.76

Item	Value
Gold 10 Grams PKR / Dec 16	243,059.70
Crude Oil USD/Barrel / Dec 17	70.82
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold Spot USD/Ounce / Dec 17	2,654.67
Cotton US¢/pound / Dec 17	69.11
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Dec 17 Dadabhoy Cement Industries Limited(DBCI)	7.11 ▲ 1.00 (16.37%)
First Capital Equities / Dec 17 First Capital Equities Limited(FCEL)	6.74 ▲ 0.82 (13.85%)
Oilboy Energy / Dec 17 Oilboy Energy Limited(OBOY)	10.45 ▲ 1.00 (10.58%)
LSE Financial Serv. / Dec 17 LSE Financial Services Limited(LSEFSL)	18.32 ▲ 1.67 (10.03%)
Air Link Com. / Dec 17 Air Link Communication Limited(AIRLINK)	208.93 ▲ 18.99 (10.00%)
Data Agro / Dec 17 Data Agro Limited(DAAG)	126.58 ▲ 11.51 (10.00%)
Fazal Cloth / Dec 17 Fazal Cloth Mills Limited(FZCM)	179.55 ▲ 16.32 (10.00%)
Land Mark Spinning / Dec 17 Landmark Spinning Industries Limited(LMSM)	63.91 ▲ 5.81 (10.00%)
Pak Datacom / Dec 17 Pak Datacom Limited(PAKD)	94.49 ▲ 8.59 (10.00%)

Stock	Price
Tri-Star Power / Dec 17 Tri-Star Power Limited(TSPL)	5.51 ▼ -0.74 (-11.84%)
Gulshan Sp. / Dec 17 Gulshan Spinning Mills Limited(GSPM)	4.19 ▼ -0.51 (-10.85%)
Sanghar Sugar / Dec 17 Sanghar Sugar Mills Limited(SANSM)	32.02 ▼ -3.56 (-10.01%)
Aisha Steel (CPS) / Dec 17 Aisha Steel Mills Limited (CPS)(ASLCPS)	20.17 ▼ -2.24 (-10.00%)
Chakwal Spinning / Dec 17 Chakwal Spinning Mills Limited(CWSM)	53.72 ▼ -5.97 (-10.00%)
Leiner Pak Gelat / Dec 17 Leiner Pak Gelatine Limited(LPGL)	126.67 ▼ -14.07 (-10.00%)
Mari Petroleum / Dec 17 Mari Petroleum Company Limited(MARI)	809.76 ▼ -89.97 (-10.00%)
Quetta Textile / Dec 17 Quetta Textile Mills Limited(QUET)	17.73 ▼ -1.97 (-10.00%)
Fateh Ind. / Dec 17 Fateh Industries Limited(FIL)	120.57 ▼ -13.37 (-9.98%)

Stock	Volume
WorldCall Telecom / Dec 17 Worldcall Telecom Limited(WTL)	403,228,918 ▼ -0.06
Pak Elektron / Dec 17 Pak Elektron Limited(PAEL)	107,379,306 ▲ 3.33
Cnergyico PK / Dec 17 Cnergyico PK Limited(CNERGY)	59,584,754 ▼ -0.06
B.O.Punjab / Dec 17 The Bank of Punjab(BOP)	57,023,129 ▲ 0.59
Pak Refinery / Dec 17 Pakistan Refinery Limited(PRL)	55,947,968 ▲ 3.65
Sui South Gas / Dec 17 Sui Southern Gas Company Limited(SSGC)	42,917,218 ▲ 1.17
PIA Holding Co.Ltd / Dec 17 PIA Holding Company Limited(PIAHCLA)	36,337,248 ▲ 1.16
Fauji Foods Ltd / Dec 17 Fauji Foods Limited(FFL)	33,958,478 ▼ -0.28
Hub Power Co. / Dec 17 The Hub Power Company Limited(HUBC)	33,067,460 ▲ 11.97

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