News Archives for Print - 2024-12-03

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Print - 2024-12-03

Middle East

Iraqi militias enter Syria to reinforce govt forces

AMMAN/BEIRUT: Hundreds of fighters from Iran-backed Iraqi militias crossed into Syria overnight to help the...

Published 03 Dec, 2024 08:20am

South Asia

Uber launches boat hailing service on IIOK’s scenic Dal Lake

OCCUPIED SRINAGAR: Uber launched a water transport hailing service on scenic Dal Lake in Indian occupied Kashmir...

Published 03 Dec, 2024 08:12am

Africa

Stampede kills at least 56 at Guinea football match

CONAKRY: A stampede at a football match dedicated to Guinea’s junta chief killed at least 56 people, the ...

Published 03 Dec, 2024 08:01am

Celebrating inclusion: Punjab’s commitment on International Day of Persons with Disabilities

December 3rd, the International Day of Persons with Disabilities, is a vital reminder of the importance of promoting...

Published 03 Dec, 2024 07:55am

Commodities

Wheat sowing exceeds target in Rawalpindi Division

LAHORE: Exceeding the wheat sowing target of 1.491 million acres set for the Rawalpindi Division, farmers have sown...

Published 03 Dec, 2024 07:48am

Industry

‘Staggering revenue shortfall can compel govt to bring in mini-budget’

LAHORE: The Lahore Chamber of Commerce and Industry has feared a staggering revenue shortfall exceeding Rs1 trillion...

Published 03 Dec, 2024 07:46am

Millions of people still breathing hazardous air: ICIMOD

LAHORE: Millions of people across the Indo-Gangetic Plain and Himalayan Foothills (IGP-HF) continue to breathe...

Published 03 Dec, 2024 07:44am

PM, minister greet UAE leadership, people on 53rd National Day

LAHORE: Prime Minister Shehbaz Sharif has extended his heartiest felicitations to the leadership and people of the...

Published 03 Dec, 2024 07:41am

Punjab govt to revoke route permits of smoke-emitting vehicles

LAHORE: To further intensify its efforts against addressing the smog issue in Lahore, the Punjab government has...

Published 03 Dec, 2024 07:40am

Jamia Salfia Faisalabad holds ceremony

FAISALABAD: Speaker of the Punjab Assembly, Malik Muhammad Ahmad Khan, attended the prize and certificate...

Published 03 Dec, 2024 07:38am

Industry

Balochistan needs govt’s special attention: FPCCI

KARACHI: Atif Ikram Sheikh, President FPCCI, has apprised FPCCI’s stance that Balochistan needs special attention...

Published 03 Dec, 2024 07:37am

Mayor briefs Czech Republic envoy about uplift projects

KARACHI: The Ambassador of the Czech Republic, Ladislav Steinhubel, met with Karachi Mayor Barrister Murtaza Wahab ...

Published 03 Dec, 2024 07:36am

Vision 2030 initiative: Saudia announces plans to boost tourism from Pakistan

KARACHI: Saudia, the national carrier of Saudi Arabia, has announced plans to significantly boost tourism from...

Published 03 Dec, 2024 07:29am

Energy

K-Electric launches KHI Awards 2025

KARACHI: K-Electric (KE) has announced the launch of 4th edition of KHI Awards 2025 with call for entries opening...

Published 03 Dec, 2024 07:28am

Industry

KCCI concerned over fixation of MRP on import of black tea

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani, in response to concerns...

Published 03 Dec, 2024 07:22am

Industry

BBoIT, FPCCI to hold investment seminar in Karachi

QUETTA: The Balochistan Board of Investment and Trade (BBoIT), in collaboration with the Federation of Pakistan...

Published 03 Dec, 2024 07:14am

Companies

MCB Bank partners with BPC to strengthen digital security

KARACHI: MCB Bank Limited (MCB), one of Pakistan’s leading banks, has selected BPC, a global leader in payment...

Published 03 Dec, 2024 07:13am

Judicial independence after 26th Amendment

26th Constitutional Amendment after a hyped political drama now stands part of the constitution. It has been acted...

Published 03 Dec, 2024 06:41am

Is TTS game changer against tax evasion or another missed opportunity?

Pakistan’s economic stability hinges significantly on its ability to curb tax evasion and illicit trade. One of ...

Updated 03 Dec, 2024 01:40pm

Status of women development in Pakistan–I

The global advocacy for strategic human development has intensified for the last 30 years. The developing countries...

Published 03 Dec, 2024 06:23am

Letters

The looming challenge to dollar dominance

Efforts to challenge the US dollar’s global dominance have historically been hindered by disparities among nations...

Published 03 Dec, 2024 06:17am

Wars, regional tensions boost arms sales: report

STOCKHOLM: Sales by major arms makers were boosted last year by wars in Ukraine and Gaza and tensions in Asia, with...

Published 03 Dec, 2024 06:09am

IK arrested in six more cases

RAWALPINDI: Imran Khan, the founding chairman of Pakistan Tehreek-e-Insaf (PTI) and former Prime Minister of...

Published 03 Dec, 2024 06:09am

Trump promises ‘hell to pay’ if Gaza hostages not promptly released

NEW YORK: US President-elect Donald Trump said on Monday there would be “hell to pay” in the Middle East if...

Published 03 Dec, 2024 06:09am

Europe

Belgium loses case against women taken from mothers in colonial era

BRUSSELS: The Belgian state was ordered Monday to pay reparations to five mixed-race women who were forcibly placed...

Published 03 Dec, 2024 06:09am

US unveils fresh export curbs targeting China’s chip sector

WASHINGTON: The United States announced new export restrictions Monday targeting China’s ability to make advanced...

Published 03 Dec, 2024 06:09am

Constitutional benches: SHC rules that all CBs not exclusive domain

ISLAMABAD: The Chief Justice of Sindh High Court (SHC) decided to hear and ultimately ruled on the petitions...

Published 03 Dec, 2024 06:09am

Plans aimed at overcoming water shortages in Karachi highlighted

KARACHI: Speakers on Monday warned that the country’s largest city - Karachi is struggling with an escalating ...

Published 03 Dec, 2024 06:09am

D-Chowk protest: KP approves financial package for PTI workers

PESHAWAR: The Khyber Pakhtunkhwa cabinet has approved a financial package for the families of the Pakistan...

Published 03 Dec, 2024 06:09am

Eight militants killed in Khyber & Bannu operations

ISLAMABAD: Security forces conducted two successful operations in the Khyber and Bannu districts of Khyber...

Published 03 Dec, 2024 06:09am

Digital media, business & culture: Pakistan, Tajikistan pledge to strengthen ties

ISLAMABAD: Sharifzoda Yousuf Toir, Ambassador of the Republic of Tajikistan, along with Deputy Head of Mission...

Published 03 Dec, 2024 06:09am

PR announces 50pc fare cut for PWDs

ISLAMABAD: To mark International Day of Persons with Disabilities, Pakistan Railways (PR) has announced to reduce...

Published 03 Dec, 2024 06:09am

IK condemns use of firearms against ‘unarmed’ protestors: Gohar

ISLAMABAD: The founding chairman of Pakistan Tehreek-e-Insaf (PTI), on Monday, strongly condemned use of force and...

Published 03 Dec, 2024 06:09am

Afghanistan embassy says concerned over ‘harassment of refugees’

ISLAMABAD: The Embassy of Afghanistan voiced its grave concern over the alleged harassment and maltreatment of ...

Published 03 Dec, 2024 06:09am

KP govt approves plan aimed at creating durable peace in Kurram

PESHAWAR: 18th meeting of the provincial cabinet held under the chairmanship of Chief Minister Khyber Pakhtunkhwa ...

Published 03 Dec, 2024 06:09am

Industry

Climate change: traders foresee 16pc cut in Kinnow export

KARACHI: Exporters have set this year’s Kinnow export target at 0.25 million tons, marking a 16 percent decline...

Published 03 Dec, 2024 06:09am

All aspects of life: Govt committed to ensuring participation of PWDs: President

ISLAMABAD: President Asif Ali Zardari said that Pakistan is firmly committed to ensuring the full participation of...

Published 03 Dec, 2024 06:09am

Kurram unrest: Jirga members call on CM

PESHAWAR: Members of a grand Jirga constituted to address the Kurram issue called on Chief Minister Khyber...

Updated 03 Dec, 2024 08:28am

Vawda meets Bilawal

ISLAMABAD: Senator Faisal Vawda called on Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari at Zardari...

Published 03 Dec, 2024 06:09am

NA panel told: Pakistan Post generates Rs9.2bn revenue against Rs28bn expenditure

ISLAMABAD: The National Assembly’s Standing Committee on Communications was informed on Monday that Pakistan Post...

Published 03 Dec, 2024 06:09am

The Weather

KARACHI: The weather report on Monday (December 02, 2024) and the forecast for Tuesday (December 03, 2024)...

Published 03 Dec, 2024 06:09am

Rates

PSX on track for historic gains

KARACHI: Pakistan Stock Exchange continued its bullish trend and hit new highest-ever level on the back of ...

Published 03 Dec, 2024 06:09am

PM to leave for KSA today

ISLAMABAD: Foreign Office (FO) spokesperson announced on Monday that Prime Minister Shehbaz Sharif will be leaving...

Published 03 Dec, 2024 06:09am

KSA investments: PM expresses satisfaction over progress

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday expressed his satisfaction with the progress in cooperation and...

Updated 03 Dec, 2024 09:19am

Surge in terrorism, vandalism: Formation of high-level JTF announced

ISLAMABAD: In response to the recent surge in terrorism, vandalism, and a coordinated malicious campaign targeting...

Published 03 Dec, 2024 06:09am

PARTLY FACETIOUS: American politicians have learned a lot from us

“So Biden pardoned his son.” “We need a constitutional amendment that would allow the President to pardon ...

Published 03 Dec, 2024 06:09am

Falling industrial production

The statistics on the Quantum Index of Manufacturing (QIM) has been released recently for the first quarter of...

Updated 03 Dec, 2024 06:30am

Rates

Activities of Port Qasim

KARACHI: A total of twelve ships were engaged at PQA berths during the last 24 hours, out of them two ships, MSC...

Published 03 Dec, 2024 06:09am

Stocks

Sri Lankan shares ends higher

COLOMBO: Sri Lankan shares closed higher on Monday, led by gains in healthcare and energy sectors. The CSE All ...

Published 03 Dec, 2024 06:09am

Stocks

Euro tumbles as French govt crisis grows

MILAN/NEW YORK: The euro sank on Monday against a strong US dollar on growing concerns about a possible government...

Published 03 Dec, 2024 06:09am

Stocks

S&P 500, Nasdaq advance on tech boost

NEW YORK: The S&P 500 and the Nasdaq gained on Monday, with the benchmark index briefly hitting an all-time high...

Published 03 Dec, 2024 06:09am

Stocks

French’s CAC 40 finishes flat as investors brace for govt collapse

PARIS: French shares ended Monday’s volatile session flat, as investors avoided large bets and mulled the outlook...

Published 03 Dec, 2024 06:09am

Stocks

Most Gulf markets end flat

DUBAI: Most stock markets in the Gulf finished flat on Monday amid tensions in the Middle East as Israel resumed...

Published 03 Dec, 2024 06:09am

Stocks

China, HK stocks climb on upbeat manufacturing data

HONG KONG: China and Hong Kong stocks gained on Monday, driven by encouraging manufacturing data and expectations of...

Published 03 Dec, 2024 06:09am

Stocks

Japan’s Nikkei erases losses to end higher

TOKYO: Japan’s Nikkei share average reversed course to end higher on Monday, as investors scooped up equities on...

Published 03 Dec, 2024 06:09am

Rates

LME official prices

LONDON: The following were Friday official prices. ========================================= ALUMINIUM...

Published 03 Dec, 2024 06:09am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on...

Published 03 Dec, 2024 06:09am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (December 02, 2024). ======================== Open Bid...

Published 03 Dec, 2024 06:09am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (December 02, 2024)....

Published 03 Dec, 2024 06:09am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (December 02, 2024)....

Published 03 Dec, 2024 06:09am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (December 02, 2024)...

Published 03 Dec, 2024 06:09am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (December 02, 2024). ======================================= Offset...

Published 03 Dec, 2024 06:09am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (December 02, 2024). ==================================== BR...

Published 03 Dec, 2024 06:09am

Economic reform agenda: Govt has no room for complacency, says Aurangzeb

Finance minister briefs the National Assembly Standing Committee on Finance on the government’s commitments to IMF

Updated 03 Dec, 2024 09:25am

Amendment to agri tax law: Provinces miss deadline

ISLAMABAD: The federal government has admitted that the provincial governments have missed the deadline to amend...

Updated 03 Dec, 2024 09:12am

FBR set to put more curbs on FATA/ PATA steel sector

ISLAMABAD: Federal Board of Revenue (FBR) is reportedly working on a new policy to restrict the import of raw...

Updated 03 Dec, 2024 09:23am

Statistics

Lowest in six years: Nov inflation slows down to 4.9pc

ISLAMABAD: The Consumer Price Index (CPI) based inflation clocked in at 4.9 per cent on a year-on-year basis in...

Published 03 Dec, 2024 06:09am

PM foresees cut in policy rate

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday lauded what he described “a record decline” in inflation to 4.9...

Updated 03 Dec, 2024 09:15am

FCDO supports reforms programme: Aurangzeb

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb chaired a meeting with Melinda Bohannon,...

Updated 03 Dec, 2024 09:20am

SC says it can interfere in ‘IPPs case’

ISLAMABAD: The Constitutional Bench of the Supreme Court stated that the court can interfere in the case pertaining...

Updated 03 Dec, 2024 09:14am

NTDC: World Bank says concerned at implementation of project works without valid contract

ISLAMABAD: The World Bank (WB) has expressed serious concerns to the government on National Transmission and...

Updated 03 Dec, 2024 09:18am

Meeting discusses issues related to NJHPP

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal chaired a high-level...

Updated 03 Dec, 2024 09:23am

CM says Thar coal most affordable source of power generation

KARACHI: Sindh Chief Minister Syed Murad Ali Shah stated that Thar Coal is the most affordable source of electricity...

Updated 03 Dec, 2024 09:17am

The case for dedicated tax benches

EDITORIAL: The Chief Justice of Pakistan’s proposal to establish dedicated benches for tax-related cases is a...

Updated 03 Dec, 2024 06:43am

100 percent tariffs for BRICS

EDITORIAL: US President-elect Donald Trump wrote on Truth Social, his social media platform, that if BRICS countries...

Updated 03 Dec, 2024 06:46am

Energy

US natural gas futures drop

NEW YORK: US natural gas futures fell nearly 5% to a more than a one-week low on Monday, pressured by an increase in...

Published 03 Dec, 2024 06:09am

Commodities

Japanese rubber futures slip

SINGAPORE: Japanese rubber futures ticked down on Monday for a third straight session, surrendering earlier losses ...

Published 03 Dec, 2024 06:09am

Commodities

Russian wheat export prices flat for the second week

MOSCOW: Russian wheat export prices remained flat for the second week in a row amid low demand and export...

Published 03 Dec, 2024 06:09am

Commodities

Malaysian palm oil down

JAKARTA: Malaysian palm oil futures fell on Monday, snapping a run of five consecutive sessions of gain, dragged ...

Published 03 Dec, 2024 06:09am

Commodities

CBoT wheat falls on supply pressure

SINGAPORE/ HAMBURG: Chicago wheat fell on Monday, pressured by low prices in export markets offered for wheat from...

Published 03 Dec, 2024 06:09am

Commodities

Iron ore futures climb on upbeat China data

BEIJING: Iron ore futures climbed on Monday, supported by upbeat factory data in top consumer China, but signs of...

Published 03 Dec, 2024 06:09am

Commodities

Gold drops as dollar strengthens

NEW YORK: Gold dropped 1% on Monday, ending a four-session winning streak, weighed down by a robust US dollar, as...

Published 03 Dec, 2024 06:09am

Commodities

Copper prices decline

NEW DELHI Copper prices eased on Monday, pressured by a stronger US dollar, shrugging off signals of optimism in...

Published 03 Dec, 2024 06:09am

Commodities

PMEX daily trading report

KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 19.034 billion...

Published 03 Dec, 2024 06:09am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday, (December 02, 2024)...

Published 03 Dec, 2024 06:09am

Cotton & Textile

Lean business on cotton market

LAHORE: The local cotton market on Monday remained steady and the trading volume remained low. Cotton Analyst ...

Published 03 Dec, 2024 06:09am

Energy

Oil prices rise on Chinese data

HOUSTON: Oil prices rose on Monday, as strong factory activity in China buoyed hopes of higher demand, and as...

Published 03 Dec, 2024 06:09am

Jul-Nov exports up 12.57pc to $13.691bn YoY

ISLAMABAD: The country’s exports increased by 12.57 per cent during the first five months (July-November) of current...

Updated 03 Dec, 2024 09:20am

FBR allows temporary import of vehicles by tourists

ISLAMABAD: The Federal Board of Revenue (FBR) has allowed temporary import of vehicles by tourists without payment ...

Published 03 Dec, 2024 06:09am

SRB reports robust growth in collection for Nov

KARACHI: Sindh Revenue Board (SRB) has reported a robust growth in revenue collection for November 2024, marking a...

Published 03 Dec, 2024 06:09am

Industry

Jam holds virtual meeting with QCCI

ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan held a virtual meeting with the Quetta Chamber of Commerce...

Published 03 Dec, 2024 06:09am

Money & Banking

Yuan slides to 4-month low

SHANGHAI: The yuan fell to a four-month low on Monday, as tariff threats and mixed purchasing managers’ index ...

Published 03 Dec, 2024 06:09am

Money & Banking

Thai baht loses most among Asian currencies

BENGALURU: Asian currencies slipped on Monday, led by a sharp decline in the Thai baht, after US President-elect...

Published 03 Dec, 2024 06:09am

Uzbekistan ambassador, Jam discuss trade relations

ISLAMABAD: Ambassador of Uzbekistan to Pakistan, Alisher Tukhtayev, met with Federal Minister for Commerce Jam Kamal...

Updated 03 Dec, 2024 07:30am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	277.97
USD PKR Interbank Buying / Dec 4	277.77
USD to Japanese Yen / Dec 4	150.37
USD to Swiss Franc / Dec 4	0.89
Pound Sterling to USD / Dec 4	1.27
Euro to USD / Dec 4	1.05

Stock	Volume
S&P 500 / Dec 3	6,049.87
Nasdaq / Dec 3	19,480.91
FTSE 100 / Dec 3	8,359.41
Dow Jones / Dec 3	44,705.53
Germany DAX 30 / Dec 3	20,016.75
France CAC40 / Dec 3	7,255.42
India Sensex / Dec 4	19,739.03
Tokyo Nikkei / Dec 4	39,276.39

Item	Value
Gold 10 Grams PKR / Dec 2	235,340
Karachi Cotton PKR/37.32 KG / Dec 3	17,685
Petrol/Litre / Dec 4	252.10
Crude Oil USD/Barrel / Dec 4	70.17
Gold Spot USD/Ounce / Dec 4	2,644.45
Diesel/Litre / Dec 4	258.43

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 4 786 Investments Limited(786)	7.37 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 4 Al-Abbas Sugar Mills Limited(AABS)	627.86 ▼ 0.00 (0.00%)
Agro Allianz / Dec 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 4 Ali Asghar Textile Mills Limited(AATM)	68.40 ▼ 0.00 (0.00%)
Allied Bank / Dec 4 Allied Bank Limited(ABL)	150.94 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 4 Abbott Laboratories (Pakistan) Limited(ABOT)	1,123.10 ▼ 0.00 (0.00%)
Abson Ind. / Dec 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 4 Alfalah Consumer Index ETF.(ACIETF)	13.47 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 4 786 Investments Limited(786)	7.37 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 4 Al-Abbas Sugar Mills Limited(AABS)	627.86 ▲ 0.00 (0.00%)
Agro Allianz / Dec 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 4 Ali Asghar Textile Mills Limited(AATM)	68.40 ▲ 0.00 (0.00%)
Allied Bank / Dec 4 Allied Bank Limited(ABL)	150.94 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 4 Abbott Laboratories (Pakistan) Limited(ABOT)	1,123.10 ▲ 0.00 (0.00%)
Abson Ind. / Dec 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 4 Alfalah Consumer Index ETF.(ACIETF)	13.47 ▲ 0.00 (0.00%)

Stock	Volume
Cnergyico PK / Dec 4 Cnergyico PK Limited(CNERGY)	246,707,903 ▲ 0.00
WorldCall Telecom / Dec 4 Worldcall Telecom Limited(WTL)	89,419,070 ▲ 0.00
Hascol Petrol / Dec 4 Hascol Petroleum Limited(HASCOL)	87,024,698 ▲ 0.00
Pak Elektron / Dec 4 Pak Elektron Limited(PAEL)	67,806,935 ▲ 0.00
Sui South Gas / Dec 4 Sui Southern Gas Company Limited(SSGC)	61,811,720 ▲ 0.00
Power Cement / Dec 4 Power Cement Limited(POWER)	58,501,362 ▲ 0.00
K-Electric Ltd. / Dec 4 K-Electric Limited(KEL)	56,938,645 ▲ 0.00
Pak Int.Bulk / Dec 4 Pakistan International Bulk Terminal(PIBTL)	56,115,997 ▲ 0.00
Pak Refinery / Dec 4 Pakistan Refinery Limited(PRL)	55,870,990 ▲ 0.00

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