News Archives for Print - 2024-12-15

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Print - 2024-12-15

World falls short of drought deal at Saudi-hosted talks

RIYADH, (Saudi Arabia): Negotiators failed to produce an agreement on how to respond to drought at Saudi-hosted UN...

Published 15 Dec, 2024 02:50am

Europe

Switzerland cancels MFN status to India, raising taxes on Indian firms

BERN: Switzerland has suspended the Most Favoured Nation (MFN) status under the Double Taxation Avoidance Agreement...

Published 15 Dec, 2024 02:50am

Nine dead in attack on Sudan hospital: WHO

GENEVA: An attack on the main hospital in the western Sudanese town of Al-Fashir on Friday killed nine people and...

Published 15 Dec, 2024 02:50am

At least 22 killed in Israeli Gaza strikes

CAIRO: At least 22 Palestinians were killed in Israeli airstrikes in Gaza on Saturday, medics said, while the ...

Published 15 Dec, 2024 02:50am

US says in contact with new Syria rulers

DAMASCUS: The United States has made contact with Syria’s victorious Hayat Tahrir al-Sham rebels, Secretary of...

Published 15 Dec, 2024 02:50am

Parliamentary Secy visits CBD, other key projects

LAHORE: Barrister Sultan Bajwa, the Parliamentary Secretary for Housing, Urban Development & Public Health...

Published 15 Dec, 2024 02:50am

Imad and Amir announce retirement from international cricket

LAHORE: All-rounder Imad Wasim and left-arm fast bowler Mohammad Amir have announced their retirements from...

Published 15 Dec, 2024 02:50am

Quaid-e-Azam Games kick off

ISLAMABAD: The Quaid-e-Azam Inter-Provincial Games began with a dazzling opening ceremony at the Jinnah Stadium,...

Published 15 Dec, 2024 02:50am

10.6m kids to come under anti-polio drive across Sindh from tomorrow

KARACHI: As many as 10.6 million children would be vaccinated across the province during week long anti-polio drive,...

Published 15 Dec, 2024 02:50am

National Seed Policy to be presented before Cabinet soon

LAHORE: The National Seed Policy is nearing its final stage and will soon be presented to cabinet for approval. The...

Published 15 Dec, 2024 02:50am

The Weather

KARACHI: The weather report on Saturday (December 14, 2024) and the forecast for Sunday (December 15, 2024)...

Published 15 Dec, 2024 02:50am

Sindh introduces new MV fitness certificates

KARACHI: Department of Transport and Mass Transit, Government of Sindh, has introduced new Motor Vehicle Fitness...

Published 15 Dec, 2024 02:50am

Justice Mandokhail replies to letter of Justice Mansoor

ISLAMABAD: Justice Jamal Khan Mandokhail proposed to Justice Syed Mansoor Ali Shah to suggest names for appointment...

Published 15 Dec, 2024 02:50am

Arrest warrants for Netanyahu-I

This write-up seeks to examine the effects and impacts of emerging developments in International Criminal Law. The...

Published 15 Dec, 2024 02:50am

HSATI delegation meets IGP Sindh

HYDERABAD: A delegation of the Hyderabad Site Association of Trade & Industry (HSATI), led by its chairman, met...

Published 15 Dec, 2024 02:50am

‘Bano Qabil to pave ways for IT revolution’

KARACHI: Jamaat-e-Islami (JI) Karachi Ameer Monem Zafar has said that the Bano Qabil programme will pave ways for an...

Published 15 Dec, 2024 02:50am

Sikh pilgrimage play role in projecting Pakistan as peaceful nation

LAHORE: Sikh pilgrimage has been playing an instrumental role in projecting and showcasing Pakistan as a peaceful...

Published 15 Dec, 2024 02:50am

PTI to observe ‘Martyrs’ Day’ today

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) is all set to observe Youm-e-Shuhada (Martyrs’ Day) in Pakistan and...

Published 15 Dec, 2024 02:50am

Hearing of PTI complaint against Shehbaz on 26th

ISLAMABAD: A local court on Saturday fixed December 26 as next hearing for Pakistan Tehreek-e-Insaf (PTI) criminal...

Published 15 Dec, 2024 02:50am

KP govt decides taking concrete steps for success of polio drive

PESHAWAR: The provincial government of Khyber Pakhtunkhwa has decided concrete steps for the success of the...

Published 15 Dec, 2024 02:50am

Incidents of vehicle lifting, street crimes increase in capital city

ISLAMABAD: The capital city recorded an increase in incidents of car lifting and street crimes during the last week...

Published 15 Dec, 2024 02:50am

Some PTI workers re-arrested after ATC discharged them

ISLAMABAD: The capital police, on Saturday, re-arrested some workers out of 81 Pakistan Tehreek-e-Insaf (PTI) ...

Published 15 Dec, 2024 02:50am

Tarar discusses media collaboration with Turkish official

ISLAMABAD: Federal Minister for Information Attaullah Tarar held a meeting with Turkey’s Presidential Director of...

Published 15 Dec, 2024 02:50am

Unity in diversity: G-B shines at Alhamra

LAHORE: The Lahore Arts Council curated a magnificent showcase of Gilgit-Baltistan’s vibrant cultural heritage at...

Published 15 Dec, 2024 02:50am

Price monitoring, complaint registration: PITB praises Qeemat Punjab App

LAHORE: The Punjab Information and Technology Board (PITB) has said that the Qeemat Punjab App, designed to monitor...

Published 15 Dec, 2024 02:50am

Work under way for infection control in govt hospitals

LAHORE: Laying the foundation stone of the academic block of the University of Child Health Sciences, Provincial...

Published 15 Dec, 2024 02:50am

Denial of paternity of child: LHC passes order

LAHORE: The Lahore High Court (LHC) held that a child is legitimate if he born within two years of commencement of...

Published 15 Dec, 2024 02:50am

Tower installed in Lahore to deal with smog challenge

LAHORE: A smog clean tower developed by the Punjab Environmental Protection Department in collaboration with the...

Published 15 Dec, 2024 02:50am

Punjab CM chairs roundtable conference at Guangzhou

LAHORE: On the 6th day of her 08-day long China visit, Chief Minister Punjab Maryam Nawaz Sharif announced the...

Published 15 Dec, 2024 02:50am

Energy

US natural prices drop

NEW YORK: US natural gas futures dropped about 5% on Friday from the 13-month high reached in the prior session on...

Published 15 Dec, 2024 02:50am

Energy

China’s oil consumption peaked in 2023

SINGAPORE: China’s refined oil consumption peaked in 2023 at 399 million metric tons (7.98 million barrels per ...

Published 15 Dec, 2024 02:50am

Energy

Oil prices sharply up

NEW YORK: Oil prices climbed about 2% on Friday to settle at a three-week high, on expectations that additional...

Published 15 Dec, 2024 02:50am

KTPL to go global next year: Tessori

KARACHI: Governor Sindh Kamran Khan Tessori has said that they will introduce a global tape ball event next year. ...

Published 15 Dec, 2024 02:50am

Letters

ADB lending for power sector

According to a Business Recorder news report, the Asian Development Bank (ADB) has approved a seemingly huge loan to...

Published 15 Dec, 2024 02:50am

CM performs ground-breaking of Havelian water scheme

PESHAWAR: Chief Minister Khyber Pakhtunkhwa, Ali Amin Khan Gandapur, performed ground breaking ceremony of Havelian...

Published 15 Dec, 2024 02:50am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (December 14, 2024). ======================================= ...

Published 15 Dec, 2024 02:50am

Tax evaders: Over 150 FBR-filed FIRs will be withdrawn on SC order

ISLAMABAD: Over 150 operative First Information Reports (FIRs) registered by the Federal Board of Revenue (FBR)...

Updated 15 Dec, 2024 09:11am

Central Asia: Pakistan trade corridors emerge as regional priority: Aleem

ISLAMABAD: Federal Minister for Privatization, Board of Investment and Communications, Abdul Aleem Khan has said...

Updated 15 Dec, 2024 01:27pm

$330m loan agreement inked with ADB for ISPDP additional financing

ISLAMABAD: The government of Pakistan has signed a loan agreement with the Asian Development Bank (ADB) for the...

Updated 15 Dec, 2024 09:12am

Transformation plan: FBR to enforce ‘Faceless Customs Assessment’ system

ISLAMABAD/KARACHI: Under the transformation plan, the Federal Board of Revenue implements ‘Faceless Customs...

Updated 15 Dec, 2024 09:26am

Non-compliant sugar mills face stern FBR action

The efficacy of the new system is ensured by posting FBR personnel at each mill and monitoring the system and personnel through integrated CCTV cameras and frequent visits by senior officers of FBR

Updated 15 Dec, 2024 11:48pm

PTI seeks ‘unconditional’ talks

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman Barrister Gohar Khan urged on Saturday comprehensive and...

Updated 15 Dec, 2024 09:26am

‘Intra-trade among Saarc countries remains in low range of 5pc’

LAHORE: The SAARC Chamber of Commerce and Industry has said the intra-trade among SAARC countries continues to...

Updated 15 Dec, 2024 09:27am

Border attacks increased 70pc after arrival of Taliban in Kabul, moot told

ISLAMABAD: Pakistan’s former Special Envoy on Afghanistan, Ambassador Asif Durrani has revealed that there has been...

Updated 15 Dec, 2024 09:34am

Sindh to develop SEZs for Chinese cos: minister

KARACHI: The Sindh government is working to develop two special economic zones in Karachi to facilitate Chinese...

Updated 15 Dec, 2024 09:36am

Non-availability of life-saving drugs adds to Kurram’s woes

ISLAMABAD: Authorities said that the humanitarian crisis in the restive Kurram district continues to worsen as four...

Updated 15 Dec, 2024 09:37am

Customs values on import of Cereal Foods in bulk packaging revised

ISLAMABAD: Directorate General Customs Valuation Karachi has revised customs values on the import of Cereal Foods in...

Updated 15 Dec, 2024 09:40am

Suicide bombing in Kabul

EDITORIAL: The IS-K continues to represent a major security challenge to the Afghan Taliban, killing several senior...

Published 15 Dec, 2024 02:50am

Shocking negligence

EDITORIAL: It is shocking that negligence on the part of Islamabad Electric Supply Company (Iesco) led to a...

Published 15 Dec, 2024 02:50am

A straining marriage of convenience?

EDITORIAL: It’s barely three quarters since the disputed February election and the PPP-PML(N) marriage of...

Published 15 Dec, 2024 02:50am

Energy

LESCO exposes defaulters among major govt institutions

LAHORE: The Lahore Electric Supply Company (LESCO) has released a list of federal and provincial institutions that...

Published 15 Dec, 2024 02:50am

Commodities

India’s rice stocks surge to record high

NEW DELHI/MUMBAI: Rice inventories in India surged to a record high at the start of December, reaching more than ...

Published 15 Dec, 2024 02:50am

Commodities

Malaysian palm oil extends losses

JAKARTA: Malaysian palm oil futures extended losses on Friday, tracking weakness in rival vegetable oils at the...

Published 15 Dec, 2024 02:50am

Commodities

EU wheat steady as Saudi tender awaited, rapeseed at near 2-year high

PARIS: Euronext wheat edged up on Friday, supported by weakness in the euro as traders awaited results from a Saudi...

Published 15 Dec, 2024 02:50am

Commodities

Russia’s Nov seaborne grain exports jump

MOSCOW: Russia’s seaborne grain exports rose 39.5% year-on-year in November to 4.8 million metric tons, shipping...

Published 15 Dec, 2024 02:50am

Commodities

CBOT grains ease on technical selling

CHICAGO: Chicago Board of Trade corn futures eased on Friday on technical selling and disappointment in the size of...

Published 15 Dec, 2024 02:50am

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 36.996 ...

Published 15 Dec, 2024 02:50am

Commodities

Iron ore futures retreat

SINGAPORE: Iron ore futures retreated on Friday and were on track to end the week lower, as top consumer China’s...

Published 15 Dec, 2024 02:50am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (December 14, 2024)...

Published 15 Dec, 2024 02:50am

Cotton & Textile

Spot rate unchanged amid lacklustre business

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

Published 15 Dec, 2024 02:50am

Commodities

Brazil’s robusta coffee state expects to repeat large exports in 2025

SAO PAULO: Brazil’s top robusta coffee producer, the state of Espirito Santo, expects to repeat in 2025 the large...

Published 15 Dec, 2024 02:50am

Commodities

Japanese rubber futures down

SINGAPORE: Japanese rubber futures ticked down on Friday, posting their first weekly loss in three weeks as concerns...

Published 15 Dec, 2024 02:50am

Industry

FPCCI demands ‘Software Technology Park’ for Karachi

KARACHI: Atif Ikram Sheikh, President FPCCI, has demanded that Karachi needs Software Technology Park (STP) to help...

Published 15 Dec, 2024 02:50am

Industry

Minister visits plant in Shenzhen ‘Vivo Mobile Company plans to set up plant in Punjab’

LAHORE: On the third day of his visit to China, Provincial Minister for Industries and Commerce, Chaudhry Shafay...

Published 15 Dec, 2024 02:50am

Industry

FPCCI for further reducing policy rate to support economic growth

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Chairman and Vice Zaki Aijaz...

Published 15 Dec, 2024 02:50am

Industry

PVMA urges SBP’s MPC to bring down policy rate to single digit

KARACHI: The Pakistan Vanaspati Manufacturers Association (PVMA) has urged the State Bank of Pakistan (SBP) to bring...

Published 15 Dec, 2024 02:50am

APTMA urges MPC to reduce policy rate by 500 basis points

Industry

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 15	278.85
USD PKR Interbank Buying / Jan 15	278.70
USD to Japanese Yen / Jan 15	157.36
USD to Swiss Franc / Jan 15	0.91
Pound Sterling to USD / Jan 15	1.22
Euro to USD / Jan 15	1.03

Stock	Volume
S&P 500 / Jan 14	5,842.91
Nasdaq / Jan 14	19,044.39
Dow Jones / Jan 14	42,518.28
India Sensex / Jan 15	76,746.81
Tokyo Nikkei / Jan 15	38,379.49
Hang Seng / Jan 15	19,223.49
FTSE 100 / Jan 15	8,250.76
Germany DAX 30 / Jan 15	20,345.48

Item	Value
Gold 10 Grams PKR / Jan 9	237,483
Karachi Cotton PKR/37.32 KG / Jan 14	18,785
Petrol/Litre / Jan 15	252.66
Crude Oil USD/Barrel / Jan 15	77.93
Gold Spot USD/Ounce / Jan 15	2,681.51
Diesel/Litre / Jan 15	258.34

Gainers
Losers
Leaders

Stock	Price
First Elite Cap.Mod / Jan 15 First Elite Capital Modaraba(FECM)	6.67 ▲ 1.00 (17.64%)
Parmount Sp. / Jan 15 Paramount Spinning Mills Limited(PASM)	5 ▲ 0.50 (11.11%)
Service Textile / Jan 15 Service Industries Textiles Limited(SERT)	15.13 ▲ 1.38 (10.04%)
Power Cem(Pref) / Jan 15 Power Cement (Pref)(POWERPS)	12.29 ▲ 1.12 (10.03%)
Gulistan Sp. / Jan 15 Gulistan Spinning Mills Limited(GUSM)	11.65 ▲ 1.06 (10.01%)
Arif Habib Ltd. / Jan 15 Arif Habib Limited(AHL)	60.96 ▲ 5.54 (10.00%)
BF Biosciences / Jan 15 BF Biosciences Limited(BFBIO)	231.30 ▲ 21.03 (10.00%)
Dandot Cement / Jan 15 Dandot Cement Company Limited(DNCC)	14.74 ▲ 1.34 (10.00%)
LSE Financial Serv. / Jan 15 LSE Financial Services Limited(LSEFSL)	17.49 ▲ 1.59 (10.00%)

Stock	Price
Fateh Ind. / Jan 15 Fateh Industries Limited(FIL)	120.60 ▼ -13.34 (-9.96%)
Idrees Tex. / Jan 15 Idrees Textile Mills Limited(IDRT)	13.50 ▼ -1.49 (-9.94%)
Al-Khair Gadoon / Jan 15 Al-Khair Gadoon Limited(AKGL)	34 ▼ -3.39 (-9.07%)
PICIC Ins.Ltd. / Jan 15 PICIC Insurance Limited(PIL)	3.07 ▼ -0.30 (-8.90%)
United Brands / Jan 15 United Brands Limited(UBDL)	21.03 ▼ -2.05 (-8.88%)
Sana Ind / Jan 15 Sana Industries Limited(SNAI)	30.50 ▼ -2.93 (-8.76%)
Universal Ins. / Jan 15 The Universal Insurance Company Limited(UVIC)	9.85 ▼ -0.94 (-8.71%)
Calcorp Ltd / Jan 15 Calcorp Limited(CASH)	29.10 ▼ -2.65 (-8.35%)
Diamond Ind. / Jan 15 Diamond Industries Limited(DIIL)	18.23 ▼ -1.59 (-8.02%)

Stock	Volume
WorldCall Telecom / Jan 15 Worldcall Telecom Limited(WTL)	68,146,464 ▲ 0.02
Pak Refinery / Jan 15 Pakistan Refinery Limited(PRL)	56,632,089 ▲ 1.60
Cnergyico PK / Jan 15 Cnergyico PK Limited(CNERGY)	43,068,457 ▼ -0.16
K-Electric Ltd. / Jan 15 K-Electric Limited(KEL)	33,447,471 ▼ -0.07
TRG Pak Ltd / Jan 15 TRG Pakistan Limited(TRG)	29,612,532 ▲ 2.51
Sui South Gas / Jan 15 Sui Southern Gas Company Limited(SSGC)	26,679,632 ▼ -1.17
Hascol Petrol / Jan 15 Hascol Petroleum Limited(HASCOL)	26,398,810 ▼ -0.28
Telecard Limited / Jan 15 Telecard Limited(TELE)	19,836,175 ▼ -0.31
Fauji Foods Ltd / Jan 15 Fauji Foods Limited(FFL)	17,696,558 ▼ -0.32

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