News Archives for Print - 2024-12-06

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Print - 2024-12-06

Barrister Gohar earns ire of Aleema

ISLAMABD: Barrister Gohar Ali Khan, the chairman of Pakistan Tehreek-e-Insaf (PTI), earned ire of Aleema Khan, the...

Published 06 Dec, 2024 09:02am

Companies

Careem partners with PSO to simplify Captains’ journey

KARACHI: Careem and Pakistan State Oil (PSO) have collaborated to offer PSO’s products and services on discounts ...

Published 06 Dec, 2024 09:00am

Cotton & Textile

Textile industry: CCRI Multan Head for aligning incentives to revive cotton sector

LAHORE: Sajid Mahmood, Head of the Transfer of Technology Department at the Central Cotton Research Institute ...

Published 06 Dec, 2024 08:59am

Taxes

Committees formed for procurements at FBR

ISLAMABAD: The Federal Board of Revenue (FBR) Thursday constituted committees for procurements at FBR in connection...

Published 06 Dec, 2024 08:58am

Essential staples feared to get critical hit

KARACHI: The country’s essential staples are feared to get a critical hit as the expected lower rains may...

Published 06 Dec, 2024 08:56am

Industry

‘New Gwadar Airport ready for takeoff by month-end’

KARACHI: The Acting Director General of the Pakistan Airports Authority (PAA), Air Vice Marshal (AVM) Zeeshan Saeed,...

Published 06 Dec, 2024 08:54am

Mysterious death of PU student: ‘No incident of firing occurred at places of incident’

LAHORE: On the mysterious death of a Punjab University student, the university administration said in an emergency...

Published 06 Dec, 2024 08:53am

Toshakhana-II case: IHC issues notice Bushra regarding cancellation of bail

ISLAMABAD: The Islamabad High Court (IHC) issued notice to Bushra Bibi, wife of founder Pakistan Tehreek-e-Insaf...

Published 06 Dec, 2024 08:49am

Failed candidates recruitment process JMs (BS-21): IHC orders FPSC chairman to disclose merit details

ISLAMABAD: Islamabad High Court (IHC) has ordered the Chairman Federal Public Service Commission (FPSC) to disclose...

Published 06 Dec, 2024 08:48am

IK announces power show in Peshawar on 13th

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founder and ex-prime minister Imran Khan on Thursday announced a grand...

Published 06 Dec, 2024 08:46am

Energy

KE removes 6,096 illegal kunda connections

KARACHI: K-Electric (KE) reiterated its commitment to combating electricity theft and ensuring timely bill payments....

Updated 06 Dec, 2024 09:03am

KPK govt’s refusal to join APC for peace outrageous: Azma

LAHORE: Punjab Information Minister Azma Bokhari, has said that the refusal of the provincial government of KPK, to...

Updated 06 Dec, 2024 09:03am

P@SHA chief tells Senate body: Lack of clear policy on VPN, internet use is counterproductive

ISLAMABAD: The potential short- and medium-term economic impact of restrictions on virtual private networks (VPNs)...

Published 06 Dec, 2024 08:41am

PSW’s latest initiatives, future projects highlighted

KARACHI: Deputy Collector Customs & Domain Officer Pakistan Single Window (PSW) Muhammad Asim Awan, while...

Published 06 Dec, 2024 07:43am

Pakistan, Czech Republic JMC to be held from April 28 next year

ISLAMABAD: Pakistan and Czech Republic Joint Ministerial Commission (JMC) scheduled to be held on April 28-29, 2025...

Published 06 Dec, 2024 07:40am

Paper leakage and other discrepancies: PMDC directed to ensure necessary safeguards are in place

ISLAMABAD: The National Assembly (NA) Standing Committee on National Health Services and Regulations has directed ...

Published 06 Dec, 2024 07:37am

The Weather

KARACHI: The weather report on Thursday (December 05, 2024) and the forecast for Friday (December 06, 2024)...

Published 06 Dec, 2024 06:59am

Solar Power & Energy Storage: Jamal Nasir Khan, Chief Executive Officer – Supernet Limited

SuperInfra, a Supernet company, has been a trusted partner in providing innovative technology solutions in the...

Published 06 Dec, 2024 06:59am

Solar Power & Energy Storage: Edison Zhou, Group Director of Pakistan, Australia & New Zealand, Trinasolar Asia Pacific

As one of the top global leaders in solar technology, Trinasolar is an industry pioneer in n-type i-TOPCon and 210mm...

Published 06 Dec, 2024 06:59am

Solar Power & Energy Storage: Usman Waheed: Country Manager Sungrow Power Supply Ltd

Battery Energy Storage Systems (BESS) are rapidly gaining traction in Pakistan as a vital solution to the ...

Published 06 Dec, 2024 06:59am

Empowering Pakistan's Solar Transformation with Global Leading Solutions

Trinasolar, a global leader in photovoltaic (PV) and smart energy solutions has launched its latest n-type i-TOPCon...

Published 06 Dec, 2024 06:59am

Battery Energy Storage Systems (BESS) in Pakistan: Benefits and Sungrow's Contribution

Battery Energy Storage Systems (BESS) are emerging as a critical component of modern energy infrastructure. BESS...

Published 06 Dec, 2024 06:59am

The Next Phase in Renewable Energy With Battery Storage

Syed M Qamar ul Islam – Supernet Infrastructure Solutions Pvt Ltd Coupling renewable power including solar with...

Published 06 Dec, 2024 06:59am

Middle East

Syrian rebels capture key city of Hama in fresh blow to Assad

AMMAN/BEIRUT: Syrian rebels captured the key city of Hama on Thursday, bringing the insurgents a major victory after...

Published 06 Dec, 2024 06:59am

Chinese embassy in Syria tells citizens to ‘leave country as soon as possible’

BEIJING: China’s embassy sent an urgent notice on Thursday advising its citizens to leave Syria “as soon as...

Published 06 Dec, 2024 06:59am

Ambassador Sadiq reappointed Special Envoy in Afghanistan

ISLAMABAD: The federal government has reappointed Ambassador Muhammad Sadiq as Special Envoy of Pakistan in...

Published 06 Dec, 2024 06:59am

Rahat Kada Hospice hosts successful ‘Tea & Talk’ event

KARACHI: Rahat Kada Hospice, hosted a “Tea & Talk” event to showcase its refurbished facilities and raise...

Published 06 Dec, 2024 06:59am

CM inaugurates ‘Prof Hashmat Youth Development Centre’ at SMIU

KARACHI: Sindh Chief Minister Syed Murad Ali Shah inaugurated the Prof. Hashmat Lodi Youth Development Centre at...

Published 06 Dec, 2024 06:59am

13th SAARC ENT Congress begins today

KARACHI: We are delighted to host 13th SAARC ENT Congress on 6th, 7th, and 8th Dec 2024 at a local hotel in Karachi...

Published 06 Dec, 2024 06:59am

EU team, minister discuss issues facing minorities

LAHORE: In order to strengthen cooperation between the European Union and the Punjab government, particularly in...

Published 06 Dec, 2024 06:59am

ADB mission visits NTDC Headquarters

LAHORE: A mission from the Asian Development Bank visited the NTDC Headquarters at WAPDA House Lahore, for meeting...

Published 06 Dec, 2024 06:59am

Bilawal, Dar decide to resolve disagreements

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar met with Pakistan People’s Party (PPP) Chairman...

Published 06 Dec, 2024 06:59am

Islamic banking and finance in Pakistan: challenges and roadmap

“Allah has permitted trade and forbidden usury”. Al Baqarah. The creation of Pakistan was indeed based on the...

Updated 06 Dec, 2024 08:31am

A call for robust public sector insurance

Pakistan’s general insurance sector lags behind its Asian peers due to several factors, including low financial...

Updated 06 Dec, 2024 08:19am

Letters

‘The looming challenge to dollar dominance’

This is apropos three letters to the Editor titled “The looming challenge to dollar dominance” by this writer...

Published 06 Dec, 2024 06:58am

A truly global economic policy needed

In an October 24 post by The Guardian, it highlighted the comments made by Kristalina Georgieva, the head of...

Updated 06 Dec, 2024 08:12am

Need for institutional reforms

Pakistan’s economy has started showing positive signs of recovery and resilience after years of grappling with...

Updated 06 Dec, 2024 08:09am

8 terrorists killed in two KP IBOs

ISLAMABAD: The Pakistan Army neutralised eight terrorists in two separate intelligence-based operations in Khyber...

Published 06 Dec, 2024 06:58am

Peace, security, justice: US affirms support to Pakistan

ISLAMABAD: The United States (US) has announced that it stands shoulder-to-shoulder with Pakistan in advancing ...

Published 06 Dec, 2024 06:58am

PARTLY FACETIOUS: Dar briefs diplomats

“Greedy for Portfolios, Samdhi (GPS) invited diplomats to inform them of the government’s narrative. My question...

Updated 06 Dec, 2024 08:32am

Nov terrorist attacks surge 27pc MoM

ISLAMABAD: Pakistan experienced 61 terrorist attacks in November 2024, marking a 27 percent increase compared to the...

Published 06 Dec, 2024 06:58am

Bailable arrest warrants for Bushra issued

ISLAMABAD: A special court on Thursday issued bailable arrest warrants for Bushra Bibi, the wife of PTI jailed...

Published 06 Dec, 2024 06:58am

Appointment of Dar as Deputy PM: LHC seeks replies from centre & Law Ministry on ICA

LAHORE: A division bench of the Lahore High Court (LHC) on Thursday sought replies from the federal government and...

Published 06 Dec, 2024 06:58am

Issuance of fitness certificates: Private workshop to be upgraded

LAHORE: The Punjab government has decided to upgrade the private workshop to help expedite issuing of fitness...

Published 06 Dec, 2024 06:58am

Companies

PTA, NCERT sign MoU

ISLAMABAD: The Pakistan Telecommunications Authority (PTA) and the National Computer Emergency Response Team (NCERT)...

Published 06 Dec, 2024 06:58am

Seminar on ‘Quality Education & Accreditation’ held at GCWUF

FAISALABAD: Government College Women University Faisalabad (GCWUF) organized a seminar in collaboration with the...

Published 06 Dec, 2024 06:58am

KP Planning Commission’s officers: Senate body concerned over performance

ISLAMABAD: Senate Standing Committee on Planning, Development and Special Initiatives expressed serious concern over...

Published 06 Dec, 2024 06:58am

UHS research board approves IT-based monitoring for PG students

LAHORE: The University of Health Sciences (UHS) has approved the introduction of an IT-based monitoring system to...

Published 06 Dec, 2024 06:58am

Madrassah Bill 2024: Vawda, Rana Sanaullah meet Fazl

ISLAMABAD: Senator Faisal Vawda and Prime Minister’s Advisor on Political Affairs Rana Sanaullah, Thursday, called...

Published 06 Dec, 2024 06:58am

Work on schemes under LDA to start soon

LAHORE: Commissioner Lahore Zaid Bin Masood has said that work on the schemes under the Lahore Development Plan ...

Published 06 Dec, 2024 06:58am

53rd martyrdom anniversary of Major Shabbir commemorated

RAWALPINDI: The Chairman Joint Chiefs of Staff Committee, the Service Chiefs, and the Armed Forces of Pakistan...

Published 06 Dec, 2024 06:58am

Ahsan for equipping capital with modern, accountable governance system

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal emphasised the urgency of...

Published 06 Dec, 2024 06:58am

Amendments to PECA under review, confirms minister

ISLAMABAD: Minister of State for Information Technology and Telecommunications Shaza Fatima confirmed that ...

Published 06 Dec, 2024 06:58am

KSA’s Vision 2030 model: Aurangzeb highlights importance of learning

ISLAMABAD: The Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, attended virtually the 1st...

Published 06 Dec, 2024 06:58am

Stocks

Nikkei climbs for fourth straight day on Wall Street boost

TOKYO: Japan’s Nikkei share average rose for a fourth consecutive day on Thursday as a record high on Wall Street...

Published 06 Dec, 2024 06:58am

Stocks

China stocks range-bound

HONG KONG: China stocks traded within a narrow range on Thursday, while Hong Kong shares dipped, as investors...

Published 06 Dec, 2024 06:58am

Stocks

European stocks finish at one-month high

PARIS: European stocks closed at a more than one-month high on Thursday, aided by bank stocks as investors hoped a...

Published 06 Dec, 2024 06:58am

Stocks

Wall Street pauses for breath with payrolls data in sight

NEW YORK: Wall Street’s main indexes were mostly flat on Thursday after recording all-time closing highs in the...

Published 06 Dec, 2024 06:58am

May 9 GHQ attack case: IK among 100 other PTI leaders indicted by ATC

ISLAMABAD: An anti-terrorism court (ATC) on Thursday indicted ex-prime minister Imran Khan along with over 100 other...

Published 06 Dec, 2024 06:58am

Girl’s accident: Nepra imposes Rs200m fine on Iesco

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has imposed Rs 200 million fine on Islamabad...

Published 06 Dec, 2024 06:58am

Law and order situation: KP Governor’s all-party moot raises concern

PESHAWAR: The All-Party Conference (APC) of the provincial level political leadership of Khyber Pakthunkhwa held...

Updated 06 Dec, 2024 09:37am

Fake news: Commanders urge govt to implement strict laws

ISLAMABAD: The Pakistan Army has emphasised the urgent need for the government to implement stringent regulations to...

Published 06 Dec, 2024 06:58am

Omar, PTI leaders held outside Adiala Jail

ISLAMABAD: In the wake of indictment of Imran Khan, the incarcerated founding chairman of Pakistan Tehreek-e-Insaf...

Published 06 Dec, 2024 06:58am

President sends back Madrassas Bill to PMO

ISLAMABAD: President Asif Zardari has sent back the Madrasas Registration Bill with objections to the Prime...

Published 06 Dec, 2024 06:58am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (December 05, 2024). ==================================== ...

Published 06 Dec, 2024 06:58am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (December 05, 2024). ======================================= ...

Published 06 Dec, 2024 06:58am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (December 05, 2024)...

Published 06 Dec, 2024 06:58am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 05, 2024)....

Published 06 Dec, 2024 06:58am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (December 05, 2024)....

Published 06 Dec, 2024 06:58am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (December 05, 2024). ======================== Open ...

Published 06 Dec, 2024 06:58am

Forex

Open market rates of foreign currencies

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

Published 06 Dec, 2024 06:58am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (December 05, 2024). ========================== KIBOR...

Published 06 Dec, 2024 06:58am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 06 Dec, 2024 06:58am

Energy

Supplemental charges: Pesco seeks revision of allocation criteria

ISLAMABAD: Terming the current mechanism of allocation of supplemental charges unjustified, Peshawar Electric Power...

Published 06 Dec, 2024 06:58am

Commodities

Gold moves up slightly

KARACHI: The local gold prices made a slight recovery on Thursday as the global rates inched up close to $2, 650 per...

Published 06 Dec, 2024 06:58am

Commodities

Gold prices firm as spotlight shifts to US payrolls data

NEW YORK: Gold prices steadied on Thursday as investors held back from placing big bets ahead of US non-farm ...

Published 06 Dec, 2024 06:58am

Commodities

Asia rice: Indian export prices fall; Vietnam, Thailand demand muted

BENGALURU /MUMBAI/HANOI/BANGKOK/DHAKA: Prices of parboiled rice exported from India fell this week as the rupee...

Published 06 Dec, 2024 06:58am

Cotton & Textile

Spot rate loses Rs100 per maund

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Thursday decreased the spot rate by Rs ...

Published 06 Dec, 2024 06:58am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday, (December 05, 2024)...

Published 06 Dec, 2024 06:58am

Commodities

Copper lower on weak risk appetite

LONDON: Copper prices edged lower on Thursday, weighed down by lacklustre risk appetite amid uncertainty about...

Published 06 Dec, 2024 06:58am

Commodities

Japanese rubber futures lose ground

SINGAPORE: Japanese rubber futures nudged lower on Thursday, snapping a two-day winning streak, as uncertain demand...

Published 06 Dec, 2024 06:58am

Commodities

PMEX daily trading report

KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 28.416...

Published 06 Dec, 2024 06:58am

Rates

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 173,235 tons of cargo comprising 115,565 tonnes of import cargo and 57,670...

Published 06 Dec, 2024 06:58am

Commodities

Palm oil rises on forecasts of lower stocks

JAKARTA: Malaysian palm oil futures climbed on Thursday, helped by estimated lower November stocks in the country,...

Published 06 Dec, 2024 06:58am

Commodities

Iron ore futures slide

BEIJING: Iron ore futures prices slid on Thursday as investor sentiment dampened after state media in top consumer...

Published 06 Dec, 2024 06:58am

Commodities

Asia coffee: Supply remains limited in Vietnam

HANOI/BANDAR LAMPUNG, (Indonesia): Trading activity was dull in Vietnam as fresh coffee beans from the 2024/25...

Published 06 Dec, 2024 06:58am

Energy

US natural gas up

NEW YORK: US natural gas futures edged up about 1% on Thursday on forecasts for cooler weather and more heating...

Published 06 Dec, 2024 06:58am

Earlier order recalled: Prior approval a must for PIA sell-off, SC tells govt

ISLAMABAD: The Supreme Court recalled its earlier order directing the government not to privatise Pakistan...

Updated 06 Dec, 2024 09:05am

Q1FY25: Nepra approves Rs1.96/unit positive uniform adjustment

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved positive uniform adjustment of Rs...

Updated 06 Dec, 2024 02:47pm

Until decision on 26th Amendment: Justice Mansoor urges CJP to put off JCP meeting

ISLAMABAD: Justice Syed Mansoor Ali Shah, while expressing reservations on holding of Judicial Commission of...

Updated 06 Dec, 2024 09:33am

Ministry allowed to procure 0.2m refurbished Chromebooks

ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) has allowed the Ministry of Federal Education &...

Updated 06 Dec, 2024 02:55pm

Rates

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 15	281.68
USD PKR Interbank Buying / May 15	281.43
USD to Japanese Yen / May 15	145.80
USD to Swiss Franc / May 15	0.84
Pound Sterling to USD / May 15	1.33
Euro to USD / May 15	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 14	5,892.58
Nasdaq / May 14	19,146.81
Dow Jones / May 14	42,051.06
India Sensex / May 15	80,937.53
Tokyo Nikkei / May 15	37,755.51
Hang Seng / May 15	23,453.16
FTSE 100 / May 15	8,561.58
Germany DAX 30 / May 15	23,462.44
France CAC40 / May 15	7,814.71

Item	Value
Karachi Cotton PKR/37.32 KG / May 14	16,985
Gold 10 Grams PKR / May 14	293,124
Petrol/Litre / May 15	252.63
Crude Oil USD/Barrel / May 15	60.66
Gold Spot USD/Ounce / May 15	3,162.99
Diesel/Litre / May 15	256.64
Cotton US¢/pound / May 15	65.21

Gainers
Losers
Leaders

Stock	Price
Cres.Star Ins. / May 15 Crescent Star Insurance Limited(CSIL)	3.02 ▲ 0.41 (15.71%)
Parmount Sp. / May 15 Paramount Spinning Mills Limited(PASM)	3.70 ▲ 0.46 (14.2%)
Ghani Chemworld / May 15 Ghani Chemworld Limited(GCWL)	9.14 ▲ 1 (12.29%)
S.G.Power / May 15 S.G. Power Limited(SGPL)	8.65 ▲ 0.94 (12.19%)
Premier Insurance / May 15 Premier Insurance Limited(PINL)	5.83 ▲ 0.63 (12.12%)
Dewan Mushtaq / May 15 Dewan Mushtaq Textile Mills Limited(DMTM)	9.83 ▲ 1 (11.33%)
Hala Enterprise / May 15 Hala Enterprises Limited(HAEL)	13.26 ▲ 1.21 (10.04%)
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	22.06 ▲ 2.01 (10.02%)
Flying Cement / May 15 Flying Cement Company Limited(FLYNG)	49.46 ▲ 4.5 (10.01%)
Octopus Digital / May 15 Octopus Digital Limited(OCTOPUS)	52.09 ▲ 4.74 (10.01%)

Stock	Price
Olympia Mills / May 15 Olympia Mills Limited(OML)	50.47 ▼ -5.06 (-9.11%)
Hussain Industries / May 15 Husein Industries Limited(HUSI)	26.65 ▼ -2.64 (-9.01%)
Apna Microfin. / May 15 Apna Microfinance Bank Limited(AMBL)	10.04 ▼ -0.91 (-8.31%)
Askari Life Assur. / May 15 Askari Life Assurance Company Limited(ALAC)	4.63 ▼ -0.35 (-7.03%)
Imperial Limited / May 15 Imperial Limited(IML)	16.52 ▼ -1.23 (-6.93%)
B. F. Mod. / May 15 B.F. Modaraba(BFMOD)	8.73 ▼ -0.61 (-6.53%)
Punjab Oil / May 15 Punjab Oil Mills Limited(POML)	186.82 ▼ -11.54 (-5.82%)
Equity Modaraba / May 15 First Equity Modaraba(FEM)	2.85 ▼ -0.16 (-5.32%)
Pakgen Power / May 15 Pakgen Power Limited(PKGP)	114.14 ▼ -6.39 (-5.3%)
Ashfaq Textile / May 15 Ashfaq Textile Mills Limited(ASHT)	12.34 ▼ -0.68 (-5.22%)

Stock	Volume
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	50,818,876 ▲ 2.68
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	47,570,881 ▲ 0.48
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	40,246,546 ▲ 0.16
Kohinoor Spining / May 15 Kohinoor Spinning Mills Limited(KOSM)	32,888,417 ▲ 0.18
At-Tahur Ltd. / May 15 At-Tahur Limited(PREMA)	29,667,657 ▲ 4.48
Sui South Gas / May 15 Sui Southern Gas Company Limited(SSGC)	25,344,612 ▲ 0.91
Waves Corporation / May 15 Waves Corporation Limited(WAVES)	21,773,148 ▲ 0.29
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	16,962,449 ▲ 3.34
B.O.Punjab / May 15 The Bank of Punjab(BOP)	16,957,410 ▲ 0.15
WorldCall Telecom / May 15 Worldcall Telecom Limited(WTL)	16,572,822 ▲ 0.03

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