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 / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Mar 28	149.88
USD to Swiss Franc / Mar 28	0.88
Pound Sterling to USD / Mar 28	1.29
Euro to USD / Mar 28	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
India Sensex / Mar 28	77,414.92
Tokyo Nikkei / Mar 28	37,120.33
Nasdaq / Mar 28	17,322.99
Hang Seng / Mar 28	23,426.60
FTSE 100 / Mar 28	8,658.85
Dow Jones / Mar 28	41,583.90
Germany DAX 30 / Mar 28	22,461.52
France CAC40 / Mar 28	7,916.08

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Crude Oil USD/Barrel / Mar 28	69.10
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Gold Spot USD/Ounce / Mar 28	3,117.20
Cotton US¢/pound / Mar 28	66.90
Petrol/Litre / Mar 30	255.63
Diesel/Litre / Mar 30	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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