News Archives for Print - 2024-12-02

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Print - 2024-12-02

Govt urged to apply concept of smart cities in Sindh

KARACHI: The government should apply the concept of smart cities in Sindh, as modern technology has made it possible...

Published 02 Dec, 2024 07:07am

Governor pledges to protect, promote Sindh’s cultural values

KARACHI: Sindh Governor Mohammed Kamran Khan Tessori on Sunday pledged to protect and promote the cultural values,...

Published 02 Dec, 2024 07:03am

‘Sindhi Topi and Ajrak’ traditional symbols of region: minister

KARACHI: Provincial Minister for Energy and Planning Syed Nasir Hussain Shah today highlighted the cultural and...

Published 02 Dec, 2024 07:00am

Balochistan CM felicitates people of Sindh on Sindhi Culture Day

QUETTA: Balochistan Chief Minister (CM) Mir Sarfraz Bugti on Sunday expressed good wishes to all Sindhi brothers and...

Published 02 Dec, 2024 06:58am

Cotton & Textile

Weekly Cotton Review: Prices continue to fall amid low trade volumes

KARACHI: In local market, prices of cotton continued to decline. Trading volumes also remained relatively low....

Published 02 Dec, 2024 06:50am

Industry

HCSTSI chief underscores need for reforms in agri sector

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

Published 02 Dec, 2024 06:48am

Captain, soldier martyred in two KP operations

RAWALPINDI: Army Captain Zohaib Ud Din and a soldier embraced martyrdom in exchange of fire with terrorists in two...

Published 02 Dec, 2024 06:45am

KP CM visits CTD HQs, inaugurates ‘Investigation & Intelligence Block’

PESHAWAR: Chief Minister Khyber Pakhtunkhwa, Ali Amin Khan Gandapur visited the Counter-Terrorism Depart-ment (CTD)...

Published 02 Dec, 2024 06:41am

4 killed as terrorist attack on Mianwali’s PS foiled

LAHORE: Punjab Police successfully thwarted another attack by Khawarji terrorists. Khawarji terrorists suddenly...

Updated 02 Dec, 2024 07:58am

South Asia

Bangladesh wants to renegotiate Adani power deal unless court cancels

DHAKA: Bangladesh wants to sharply lower prices under a power purchase deal with India’s embattled Adani Group...

Published 02 Dec, 2024 06:04am

Middle East

Houthis targeted ‘vital target’ in central Israel

SANA: Yemen’s Houthis launched a military operation on a “vital target” in central Israel using a hypersonic...

Published 02 Dec, 2024 06:04am

Middle East

Gulf summit urges ‘immediate ceasefire’ for Gaza

KUWAIT CITY: A summit of Gulf Cooperation Council (GCC) leaders urged an immediate ceasefire in Gaza on Sunday,...

Published 02 Dec, 2024 06:04am

Mahl HPP: CSAIL seeks 3-year LoI extension

Government considers different options to slash the number of committed power projects of 10,000MW

Updated 02 Dec, 2024 02:58pm

FBR imposes new condition on overseas Pakistanis

ISLAMABAD: The Federal Board of Revenue (FBR) has imposed a new condition on overseas Pakistanis to obtain approval...

Updated 02 Dec, 2024 02:18pm

Theft control in 3 Discos: CDWP seeks techno-economic feasibility for ADB-funded projects

ISLAMABAD: The Central Development Working Party (CDWP) has sought a proper techno-economic feasibility study for...

Updated 02 Dec, 2024 02:59pm

World Bank rates IFRAP implementation as ‘moderately unsatisfactory’

ISLAMABAD: The World Bank (WB) has rated the overall implementation progress of the “Integrated Flood Resilience and...

Updated 02 Dec, 2024 03:00pm

PTA decides not to ban VPNs

LAHORE: The Pakistan Telecommunication Authority (PTA) decided on Sunday not to ban virtual private networks (VPNs)....

Updated 02 Dec, 2024 02:58pm

Minute sheets in tax assessment issue: IHC issues notices to FTO, FBR chief, others

ISLAMABAD: Islamabad High Court (IHC) has issued notices to the Federal Tax Ombudsman (FTO), Chairman Federal Board...

Updated 02 Dec, 2024 02:59pm

60 IR officials transferred

ISLAMABAD: In a major reshuffling, the Federal Board of Revenue (FBR) Sunday transferred and posted 60 Inland...

Updated 02 Dec, 2024 02:59pm

Kundi says he will invite KP CM to APC on Kurram

PESHAWAR: Governor Khyber Pakhtunkhwa Faisal Karim Kundi has said that being the holder of a constitutional office,...

Published 02 Dec, 2024 06:04am

PTI seeks full access to IK in jail

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) political committee issued an official statement on Sunday after a...

Published 02 Dec, 2024 06:04am

Sindhi Culture Day: Sharjeel greets people of Sindh

KARACHI: Sindh Senior Minister Sharjeel Inam Memon, while extending heartfelt greetings to Sindhis around the world...

Published 02 Dec, 2024 06:04am

Tarar says ‘miscreants’ will have to ‘face the music’

ISLAMABAD: Federal Minister for Information and Broadcasting Attaullah Tarar said on Sunday the miscreants involved...

Updated 02 Dec, 2024 09:20am

‘Researchers must visit fields to develop agriculture on scientific lines’

FAISALABAD: The researchers must visit fields in order to develop the agriculture on scientific basis for increasing...

Published 02 Dec, 2024 06:04am

Minister, NCA discuss technical support for restoration of religious sites

LAHORE: The Provincial Minister for Minorities, Ramesh Singh Arora, chaired a significant meeting at the National...

Published 02 Dec, 2024 06:04am

Overseas Pakistanis: Centre, provinces to work together to resolve issues: PM

LAHORE: Prime Minister Shehbaz Sharif has said that the federal and provincial governments would work together to...

Updated 02 Dec, 2024 08:51am

Clarification

The Executive Committee of PSMA has clarified a story appeared in Business Recorder on (Islamabad) on November 29,...

Published 02 Dec, 2024 06:04am

NAB Lahore holds inter-wing cricket tournament

LAHORE: The National Accountability Bureau (NAB), Lahore organized an inter-wing cricket tournament at Lahore...

Published 02 Dec, 2024 06:04am

Users still facing problems due to internet slowdown

ISLAMABAD: Internet users across various cities in Pakistan on Sunday woke up to internet hindrances due to slow...

Published 02 Dec, 2024 06:04am

Condolence

LAHORE: Prime Minister Shehbaz Sharif on Sunday expressed heartfelt grief and sorrow over the death of Pakistan...

Published 02 Dec, 2024 06:04am

Europe

Social Democrats overtake PM’s party in Iceland vote

REYKJAVIK: Iceland’s opposition Social Democrats overtook the governing Independence Party of Prime Minister ...

Published 02 Dec, 2024 06:04am

Europe

Zelenskiy urges Biden to rally support for Ukraine’s Nato membership

KYIV: Ukrainian President Volodymyr Zelenskiy called on the outgoing US administration of President Joe Biden on...

Published 02 Dec, 2024 06:04am

SCF, PPAF organize two free medical camps

HYDERABAD: Sindh Community Foundation (SCF), in collaboration with the Pakistan Poverty Alleviation Fund under the...

Published 02 Dec, 2024 06:04am

LESCO arrests 20-member transformer thieves’ gang

LAHORE: Lahore Electric Supply Company (LESCO) has caught a 20-member gang of transformer thieves in its Kasur...

Published 02 Dec, 2024 06:04am

BISP, BMGF to expand maternal & child health, Nashonuma programmes

LAHORE: Pakistan’s Benazir Income Support Programme (BISP) has taken a significant step towards enhancing its...

Published 02 Dec, 2024 06:04am

Spirit of the Union National Day United Arab Emirates: Message from Hamad Obaid Al Zaabi, Ambassador of the UAE to Pakistan

On this day, December 2, 1971, the establishment of the United Arab Emirates was officially announced, the Union ...

Published 02 Dec, 2024 06:04am

Spirit of the Union National Day United Arab Emirates: Message from Faisal Niaz Tirmizi, Ambassador of Pakistan to the UAE

On behalf of the Embassy of Pakistan in Abu Dhabi and vibrant Pakistani diaspora in the UAE, I extend my warmest...

Published 02 Dec, 2024 06:04am

Spirit of the Union National Day United Arab Emirates: Message from Bakheet Ateeq Al Remeithi, Consul General of the UAE in Karachi

On this monumental occasion of the 53rd National Day of the United Arab Emirates, my heart swells with pride as we...

Published 02 Dec, 2024 06:04am

Bank Makramah wishes UAE ‘Eid Al-Etihad Mubarak’ on its 53rd National Day

On the occasion of the United Arab Emirates’ 53rd National Day, Bank Makramah Limited (BML) extends its...

Published 02 Dec, 2024 06:04am

World Aids Day: Message from Muhammad Shehbaz Sharif, Prime Minister of Islamic Republic of Pakistan

On this World AIDS Day 2024, Pakistan stands united with the global community in reaffirming our firm commitment to...

Published 02 Dec, 2024 06:04am

World Aids Day: Message from Dr. Malik Mukhtar Ahmad Bharath, Coordinator to PM on Health for National Health Services, Registration and Coordination

The theme of World AIDS Day 2024, "Take the Rights Path," underscores that the journey to end AIDS is rooted in ...

Published 02 Dec, 2024 06:04am

World Aids Day: Message from Mr. Nadeem Mahbub, Federal Secretary for Ministry of National Health Services, Regulations and Coordination

On this World AIDS Day, under the theme "Take the Rights Path," the Ministry of National Health Services,...

Published 02 Dec, 2024 06:04am

The Weather

KARACHI: The weather report on Sunday (December 01, 2024) and the forecast for Monday (December 02, 2024)....

Published 02 Dec, 2024 06:04am

Rates

PSX makes new history

KARACHI: Pakistan Stock Exchange made new history and achieved its historic milestone with surpassing 100,000 mark ...

Published 02 Dec, 2024 06:04am

Rates

Futures spread down 436bps

KARACHI: The futures spread declined by 436bps to 8.34 percent on the last day of the outgoing week. Trading...

Published 02 Dec, 2024 06:04am

Trump warns BRICS nations against replacing US dollar

WASHINGTON: President-elect Donald Trump on Monday threatened to impose a 100 percent tariff on the BRICS group...

Published 02 Dec, 2024 06:04am

Rates

PKR declines

KARACHI: The rupee declined against the US dollar as it depreciated by Re0.29 or 0.10% to close the week below 278...

Published 02 Dec, 2024 06:04am

PTI protests have caused Rs192bn daily losses: ministry

ISLAMABAD: Pakistan Tehreek-e-Insaf’s recent protests caused Rs 192 billion indirect losses per day to the...

Published 02 Dec, 2024 06:04am

AIOU announces schedule of online workshops

ISLAMABAD: Allama Iqbal Open University (AIOU) on Sunday released the schedule of online workshops for BS, B.Ed, and...

Published 02 Dec, 2024 06:04am

PMD forecasts scattered rain-thunderstorm in various parts

ISLAMABAD: Pakistan Meteorological Department (PMD) has forecast scattered rain-thunderstorm with snowfall over ...

Published 02 Dec, 2024 06:04am

Banks urged to provide soft loans to KP SMEs

PESHAWAR: Business community urged commercial banks to provide soft loans for promotion of small and medium...

Updated 02 Dec, 2024 09:37am

National security policy needs revisit

This is the second of a two-part series detailing the 2020 National Security Policy’s (NSP) ill-advised focus on...

Updated 02 Dec, 2024 07:24am

Falling farm income reverberates across wider economy

One of the key reasons for macroeconomic stability is the decline in commodity prices, driven by both global and...

Updated 02 Dec, 2024 07:26am

ADR tax: SBP steps in, FBR must step out

EDITORIAL: Due to the imposition of the Advance to Deposits Ratio (ADR) tax by the federal government, banks have...

Updated 02 Dec, 2024 07:18am

Third-party gas sales: Tread with caution

EDITORIAL: It is not quite a storm yet, but the Sindh government’s opposition to the idea of oil and gas...

Updated 02 Dec, 2024 07:19am

Letters

‘Elon Musk aimed at bending the universe’

This apropos three letters to the Editor headlined ‘Elon Musk aimed at Bending the Universe’ carried by the...

Updated 02 Dec, 2024 07:15am

Prices of kitchen items remain high

PESHAWAR: Prices of grocery items have become dearer in the local market. Rates of vegetables, pulses, live...

Updated 02 Dec, 2024 08:50am

Implications of the US-China trade war

Six years after their imposition, the Section 301 tariffs under the US Trade Act of 1974 continue to significantly...

Updated 02 Dec, 2024 07:39am

Stocks

Wall Street Week Ahead: Jobs data set to pave way for rates path, stocks

NEW YORK: The coming week will give investors a fresh view into the health of the US economy with the release of a...

Published 02 Dec, 2024 06:04am

Money & Banking

China’s yuan to snap 8-week losing streak

SHANGHAI: China’s yuan edged up on Friday against a soft dollar, on track for its first weekly gain in two months...

Published 02 Dec, 2024 06:04am

Money & Banking

Pound steady against dollar

LONDON: The pound held steady on Friday, leaving it on track for its biggest weekly rise since mid-September after...

Published 02 Dec, 2024 06:04am

Money & Banking

Most Latin American currencies eye monthly declines on geopolitics

BRASILIA: Most Latin American currencies were set for monthly losses on Friday, as worries over US President-elect...

Published 02 Dec, 2024 06:04am

Stocks

London stocks clock monthly gains

LONDON; UK’s benchmark FTSE 100 ended flat on Friday amid low trading volumes, as gains in mining shares countered...

Published 02 Dec, 2024 06:04am

Rates

Automart: car prices in Karachi

Rates in the week ended Sunday December 01, 2024

Published 02 Dec, 2024 06:04am

Companies

Pakistan’s first electric SUV Seres 3 unveiled

KARACHI: Regal Automobiles Industries Limited, a trailblazer in Pakistan’s automotive sector, has made history ...

Published 02 Dec, 2024 06:04am

Companies

Dr Reckeweg Germany celebrates 50 years of partnership with Dr Salim Ahmed & Co

KARACHI: Dr Reckeweg Germany, a global leader in homeopathic medicines, celebrated its 50-year partnership with Dr...

Published 02 Dec, 2024 06:04am

Grand Bazaar held at Pak-China Friendship Centre

ISLAMABAD: Mashal Association organised a Grand Bazaar at Pak-China Friendship Centre at Islamabad. Sultana Siddiqi,...

Published 02 Dec, 2024 06:04am

Europe

Volkswagen workers to go on warning strikes across Germany

BERLIN: Volkswagen workers will go on warning strikes on Monday at plants across Germany, labour union IG Metall...

Published 02 Dec, 2024 06:04am

Companies

InnoCSR, Reserve Carbon partner to launch good bricks model plant

KARACHI: Pakistan — InnoCSR, a leading advocate for sustainable development, in partnership with Reserve Carbon,...

Updated 02 Dec, 2024 06:55am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 3	278.63
USD PKR Interbank Buying / Jan 3	27,843
USD to Japanese Yen / Jan 3	157.26
USD to Swiss Franc / Jan 3	0.91
Pound Sterling to USD / Jan 3	1.24
Euro to USD / Jan 3	1.03

Stock	Volume
S&P 500 / Jan 3	5,942.47
India Sensex / Jan 3	79,223.11
Tokyo Nikkei / Jan 3	39,894.54
Nasdaq / Jan 3	19,621.68
Hang Seng / Jan 3	19,760.27
FTSE 100 / Jan 3	8,223.98
Dow Jones / Jan 3	42,732.13
Germany DAX 30 / Jan 3	19,906.08

Item	Value
Crude Oil USD/Barrel / Jan 3	73.96
Gold 10 Grams PKR / Jan 3	243,488.40
Gold Spot USD/Ounce / Jan 3	2,640.22
Cotton US¢/pound / Jan 3	67.66
Karachi Cotton PKR/37.32 KG / Jan 4	18,285
Petrol/Litre / Jan 6	252.66

Gainers
Losers
Leaders

Stock	Price
Hallmark Co. / Jan 6 Hallmark Company Limited(HCL)	1,200 ▲ 148.93 (14.17%)
Pak Gen.Ins. / Jan 6 The Pakistan General Insurance Co. Ltd.(PKGI)	9.84 ▲ 1.19 (13.76%)
Prosperity Weav / Jan 6 Prosperity Weaving Mills Limited(PRWM)	38.11 ▲ 3.11 (8.89%)
LSE Financial Serv. / Jan 6 LSE Financial Services Limited(LSEFSL)	16.73 ▲ 1.35 (8.78%)
Arctic Textile / Jan 6 Arctic Textile Mills Limited(ARCTM)	21.34 ▲ 1.32 (6.59%)
Noon Sugar / Jan 6 Noon Sugar Mills Limited(NONS)	78.99 ▲ 4.31 (5.77%)
Haseeb Waqas / Jan 6 Haseeb Waqas Sugar Mills Limited(HWQS)	11.65 ▲ 0.62 (5.62%)
Pakgen Power / Jan 6 Pakgen Power Limited(PKGP)	104.90 ▲ 5.48 (5.51%)
Universal Ins. / Jan 6 The Universal Insurance Company Limited(UVIC)	10.45 ▲ 0.45 (4.50%)

Stock	Price
Blue-Ex Ltd / Jan 6 Blue-Ex Limited (GEM)(GEMBLUEX)	42.92 ▼ -9.54 (-18.19%)
PICIC Ins.Ltd. / Jan 6 PICIC Insurance Limited(PIL)	2.11 ▼ -0.32 (-13.17%)
Reliance Weaving / Jan 6 Reliance Weaving Mills Limited(REWM)	130.50 ▼ -19.47 (-12.98%)
Hussain Industries / Jan 6 Husein Industries Limited(HUSI)	25.10 ▼ -2.93 (-10.45%)
Sindh Abadgar / Jan 6 Sindh Abadgar's Sugar Mills Limited(SASML)	37.20 ▼ -4.05 (-9.82%)
Imperial Limited / Jan 6 Imperial Limited(IML)	19.50 ▼ -2.11 (-9.76%)
Bannu Woollen / Jan 6 Bannu Woollen Mills Limited(BNWM)	35.90 ▼ -3.44 (-8.74%)
Shahzad Tex. / Jan 6 Shahzad Textile Mills Limited(SZTM)	27.30 ▼ -2.57 (-8.60%)
Chakwal Spinning / Jan 6 Chakwal Spinning Mills Limited(CWSM)	72.60 ▼ -6.70 (-8.45%)

Stock	Volume
WorldCall Telecom / Jan 6 Worldcall Telecom Limited(WTL)	73,230,816 ▲ 0.04
Cnergyico PK / Jan 6 Cnergyico PK Limited(CNERGY)	57,326,691 ▼ -0.22
Fauji Cement / Jan 6 Fauji Cement Company Limited(FCCL)	54,376,196 ▼ -0.93
Fauji Foods Ltd / Jan 6 Fauji Foods Limited(FFL)	48,486,153 ▼ -0.03
Pace (Pak) Ltd. / Jan 6 Pace (Pakistan) Limited(PACE)	47,351,133 ▲ 0.35
K-Electric Ltd. / Jan 6 K-Electric Limited(KEL)	47,018,900 ▲ 0.05
Bank Makramah / Jan 6 Bank Makramah Limited(BML)	34,268,257 ▼ -0.23
Pak Elektron / Jan 6 Pak Elektron Limited(PAEL)	32,625,743 ▲ 0.06
B.O.Punjab / Jan 6 The Bank of Punjab(BOP)	26,761,290 ▼ -0.26

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