News Archives for Print - 2024-12-19

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Print - 2024-12-19

Building resilient and equitable societies: Speakers demand role of governance and inclusion

LAHORE: Speakers at third annual Pathways to Development Conference held at LUMS demanded the role of governance and...

Published 19 Dec, 2024 08:42am

Regulation of single-use plastics: EPA Punjab starts online registration

LAHORE: The Punjab Environment Protection Agency has started the online registration of plastic product producers,...

Published 19 Dec, 2024 08:40am

People’s Bus Service routes being expanded: Sharjeel

KARACHI: Sindh Senior Minister Sharjeel Inam Memon has announced that the routes of the People’s Bus Service are...

Published 19 Dec, 2024 08:39am

Seminary registration bill: Wifaq-ul-Madaris decides to launch awareness drive

ISLAMABAD: The leadership of Wifaq-ul-Madaris Al-Arabia Pakistan has decided to start a countrywide campaign to...

Published 19 Dec, 2024 08:38am

‘Right to self-determination’: UNGA adopts Pakistan-sponsored resolution

ISLAMABAD: The United Nations General Assembly (UNGA) has adopted the Pakistan-sponsored flagship resolution on the...

Updated 19 Dec, 2024 08:55am

Growing challenge of burgeoning population growth highlighted

ISLAMABAD: To reduce the rapid population growth and bring it to a sustainable level, implementation of the National...

Published 19 Dec, 2024 08:31am

Five more PTI workers: ATC disposes of pre-arrest bail pleas

LAHORE: An anti-terrorism court on Wednesday disposed of pre-arrest bail petitions of five more PTI workers after a...

Published 19 Dec, 2024 08:30am

CDA reviews arrangements for Christmas

ISLAMABAD: In preparation for the upcoming Christmas celebrations, a meeting was held at the Capital Development...

Published 19 Dec, 2024 08:29am

Industry

Chinese Investment Desk established at RUDA

LAHORE: The China Investment Desk has been established at Ravi Urban Development Authority (RUDA) to facilitate...

Published 19 Dec, 2024 08:28am

Commodities

16.5m acres target surpassed: Punjab farmers bring 16.7m acres under wheat crop sowing

LAHORE: Farmers in the province have brought 16.7 million acres of land under wheat sowing, surpassing the target of...

Published 19 Dec, 2024 08:24am

Taxes

Federal tax laws: Taxpayers’ rights fully protected: FTO

LAHORE: Federal Tax Ombudsman Dr Asif Mahmood Jah said on Wednesday that taxpayers’ rights are fully protected...

Published 19 Dec, 2024 08:23am

PCB chief meets KSA’s sports deputy minister

LAHORE: Chairman Pakistan Cricket Board (PCB) Mohsin Naqvi met Saudi Arabia’s Deputy Minister of Sports, Badr bin...

Published 19 Dec, 2024 08:20am

Companies

Ufone 4G & ConnectHear partner to deliver AI-powered assistive technologies for disaster response

KARACHI: Ufone 4G, a leading telecommunications provider in Pakistan announced a partnership with ConnectHear, South...

Published 19 Dec, 2024 08:18am

Declining risk premiums open the door to global markets: Schehzad

ISLAMABAD: Khurram Schehzad, advisor to finance minister Wednesday said the decline in country risk premiums ...

Published 19 Dec, 2024 08:16am

CPA praises reforms introduced in Punjab Assembly

LAHORE: The Commonwealth Parliamentary Association (CPA) has released a newsletter highlighting recent reforms in ...

Published 19 Dec, 2024 08:14am

Experts warn climate change to create food crisis

ISLAMABAD: Environmental experts at a seminar, while spelling out serious threats posed by climate change, have...

Published 19 Dec, 2024 08:13am

FAPUASA, PPLA oppose reduction in pension, financial benefits

LAHORE: FAPUASA (Federation of All Pakistan Universities Academic Staff Associations) Central President Dr. Amjad...

Published 19 Dec, 2024 08:12am

Industry

‘PBF to help develop Karachi’s business community’

KARACHI: Malik Khuda Bakhsh, President of the Pakistan Business Forum (PBF) Karachi Chapter, stated that the forum...

Published 19 Dec, 2024 08:10am

Kakar terms SU as ‘Original Pakistan’

HYDERABAD: Former Caretaker Prime Minister of Pakistan Senator Anwaar-ul-Haq Kakar delivered a thought-provoking and...

Published 19 Dec, 2024 08:08am

Energy

KE issues schedule for annual transmission network maintenance

KARACHI: K-Electric (KE) has issued a temporary power shutdown schedule for necessary maintenance of its ...

Published 19 Dec, 2024 08:06am

KP completes 83pc computerization of land record

PESHAWAR: The provincial government of Khyber Pakhtunkhwa has completed 83% computerization of land record in the...

Published 19 Dec, 2024 08:04am

Energy

Miran Block: KPOGCL completes bidding for exploration, production

PESHAWAR: The Khyber Pakhtunkhwa Oil and Gas Company Limited (KPOGCL) has successfully completed the bidding process...

Published 19 Dec, 2024 08:03am

Energy

Power theft: LESCO recovers over Rs2.4m in a day

LAHORE: In a significant achievement, the Lahore Electric Supply Company (LESCO) has recovered a staggering Rs...

Published 19 Dec, 2024 08:02am

Outsourcing of govt schools in Punjab: LHC dismisses multiple identical petitions

LAHORE: The Lahore High Court (LHC) on Wednesday dismissed multiple identical petitions challenging the outsourcing...

Published 19 Dec, 2024 08:01am

Judicial Commission of Pakistan: PBC nominates Shamshad Ahmad Bajwa as its representative

LAHORE: A general house meeting of the Punjab Bar Council (PBC) on Wednesday nominated advocate Shamshad Ahmad Bajwa...

Published 19 Dec, 2024 07:52am

Illegal appointments in Punjab Assembly: Proceedings against Elahi adjourned

LAHORE: An anti-corruption court on Wednesday adjourned the proceedings in a reference against PTI president and...

Published 19 Dec, 2024 07:51am

Industry

Pakistan Tanners Association urges PM to avoid further increase in gas prices

KARACHI: On behalf of entire leather sector of Pakistan, Chairman Pakistan Tanners Association (PTA) Hamid A Zahur...

Published 19 Dec, 2024 07:50am

PTI ready to engage in talks with govt

ISLAMABAD: The beleaguered Pakistan Tehreek-e-Insaf (PTI) said on Wednesday that it is ready to engage in talks with...

Published 19 Dec, 2024 07:48am

Punjab govt mechanizing agriculture sector: Maryam

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif has said the Punjab government is mechanizing the agriculture...

Published 19 Dec, 2024 07:47am

Tezgam Express catches fire; inquiry ordered

LAHORE: Tezgam Express train, leaving for Karachi from Lahore caught fire on Wednesday near Changa Manga railway...

Published 19 Dec, 2024 07:40am

Europe

Sarkozy must wear electronic tag after losing graft case appeal

PARIS: France’s highest appeals court ordered former president Nicolas Sarkozy to wear an electronic tag for a ...

Published 19 Dec, 2024 07:14am

LPG adulteration

The Oil and Gas Regulatory Authority (Ogra) oversees Pakistan’s gas sector, including Liquefied Petroleum Gas...

Published 19 Dec, 2024 06:38am

Cui bono?

It didn’t take long for headlines out of Syria to turn, did it? Locals that set fire to Hafez al Assad’s grave...

Published 19 Dec, 2024 06:30am

The madressah bill controversy

EDITORIAL: Apparently, the ruling alliance did not realise the implications of what it bargained for when it sought...

Published 19 Dec, 2024 06:24am

Fatal journeys

EDITORIAL: The capsizing of a boat carrying dozens of illegal immigrants near the Greek island of Gavdos, leading to...

Published 19 Dec, 2024 06:19am

The Weather

KARACHI: The weather report on Wednesday (December 18, 2024) and the forecast for Thursday (December 19, 2024)...

Published 19 Dec, 2024 05:57am

Stocks

Nikkei falls ahead of central bank decisions

TOKYO: Japan’s Nikkei share average fell for a fourth session on Wednesday as investors remained cautious ahead of...

Published 19 Dec, 2024 05:57am

Stocks

China, HK stocks rebound on Beijing’s new budget deficit plan

HONG KONG: China and Hong Kong stocks rebounded on Wednesday, as investor sentiment was propelled by a Reuters ...

Published 19 Dec, 2024 05:57am

Stocks

Tech sector supports European shares ahead of Fed decision

NEW YORK: European share indices closed up on Wednesday, boosted by technology stocks and French automaker Renault,...

Published 19 Dec, 2024 05:57am

Stocks

Wall Street rises with all eyes on Fed decision

NEW YORK: Wall Street’s main indexes rose on Wednesday, regaining some ground lost in the previous session, as...

Published 19 Dec, 2024 05:57am

Xi hails Macau ‘success’ in visit for 25th anniversary of Chinese rule

MACAU: Chinese President Xi Jinping hailed Macau’s “world-recognised success” as he arrived in the city on...

Published 19 Dec, 2024 05:57am

Karachi visit: US envoy seeks to reinforce trade-investment partnership

KARACHI: US Ambassador to Pakistan Donald Blome visited Karachi, reaffirming the United States’ commitment to...

Published 19 Dec, 2024 05:57am

Experts advocate PPP mode for promotion of IT sector

LAHORE: The Experts have called for steps under public private partnership for the promotion of Information...

Published 19 Dec, 2024 05:57am

PTI says will boycott current session of NA

ISLAMABAD: In an attempt to up the ante on the government, the opposition leader in National Assembly and Pakistan...

Published 19 Dec, 2024 05:57am

IK again threatens to launch civil disobedience movement

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan on Thursday said that his party’s civil...

Published 19 Dec, 2024 05:57am

Dispensing justice at all levels obligation of judges, says CJP

ISLAMABAD: Chief Justice of Pakistan Yahya Afridi said it is the constitutional obligation of all the judges from ...

Published 19 Dec, 2024 05:57am

No consensus yet on Digital Nation Pakistan Bill

ISLAMABAD: The National Assembly Standing Committee on Information Technology and Telecommunication on Wednesday...

Published 19 Dec, 2024 05:57am

Air ambulance initiated for restive Kurram by Edhi Foundation

ISLAMABAD: In a rare move, air ambulance has been initiated for the remote restive district of Kurram by the Edhi...

Published 19 Dec, 2024 05:57am

Commissioning ceremony for fourth OPV PNS Yamama held

ISLAMABAD: A grand commissioning ceremony for Pakistan’s fourth Offshore Patrol Vessel (OPV), PNS Yamama, was held...

Published 19 Dec, 2024 05:57am

Dar meets Iranian FM in Cairo

ISLAMABAD: Deputy Prime Minister/Foreign Minister Senator Ishaq Dar met Wednesday with the Foreign Minister of Iran,...

Published 19 Dec, 2024 05:57am

PARTLY FACETIOUS: Which country started the First Daughter concept?

“So one US media giant is facing criticism for being duped by a man who claimed to be an inmate of the notorious...

Published 19 Dec, 2024 05:57am

Arrest warrants for Netanyahu—II

1- Jurisdictional challenges, Palestinian statehood dispute: Israel contends the ICC lacks jurisdiction because from...

Updated 19 Dec, 2024 06:57am

Customs confiscates 39,000 litres of smuggled diesel

KARACHI: The Collectorate of Customs Enforcement Karachi has successfully thwarted a major Iranian diesel attempt in...

Published 19 Dec, 2024 05:57am

Letters

Deteriorating Lyari Expressway

I wish to draw the attention of relevant quarters of the Sindh government towards deteriorating condition of Lyari...

Published 19 Dec, 2024 05:57am

Punjab: CM orders removal of encroachments within a week

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif set a target to eliminate encroachments across Punjab within a...

Published 19 Dec, 2024 05:57am

PM arrives in Cairo

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif today arrived in Cairo on a three-day visit to Egypt. Minister for...

Published 19 Dec, 2024 05:57am

US imposes more sanctions over missile programme

ISLAMABAD: The United States has announced additional sanctions on entities contributing to Pakistan’s Ballistic...

Published 19 Dec, 2024 05:57am

ZAB didn’t get a fair trial, says CJP

ISLAMABAD: Chief Justice of Pakistan (CJP) Justice Yahya Afridi has said that the late prime minister, Zulfikar Ali...

Published 19 Dec, 2024 05:57am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (December 18, 2024). ====================================...

Published 19 Dec, 2024 05:57am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Wednesday (December 18, 2024). =======================================...

Published 19 Dec, 2024 05:57am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (December 18, 2024)...

Published 19 Dec, 2024 05:57am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 18, 2024)....

Published 19 Dec, 2024 05:57am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (December 18, 2024)....

Published 19 Dec, 2024 05:57am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (December 18, 2024). ======================== Open ...

Published 19 Dec, 2024 05:57am

Forex

Open market rates of foreign currencies

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

Published 19 Dec, 2024 05:57am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Wednesday (December 18, 2024). ========================== ...

Published 19 Dec, 2024 05:57am

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 19 Dec, 2024 05:57am

Rates

LME official prices

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

Published 19 Dec, 2024 05:57am

Cotton & Textile

Lack of buying interest seen on cotton market

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

Published 19 Dec, 2024 05:57am

Energy

Oil prices up after US crude stocks fall

HOUSTON Oil edged up on Wednesday after a drop in US crude inventories, and as investors eyed a potential interest...

Published 19 Dec, 2024 05:57am

Rates

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 202,103 tonnes of cargo comprising 95,941 tonnes of import cargo and 106,762...

Published 19 Dec, 2024 05:57am

Energy

US natgas prices climb

NEW YORK: US natural gas futures climbed about 2% on Wednesday on rising flows to the nation’s liquefied natural...

Published 19 Dec, 2024 05:57am

Rates

PSX witnesses worst-ever single-day decline

KARACHI: Pakistan Stock Exchange on Wednesday nosedived and recorded the worst ever single day decline due to panic...

Published 19 Dec, 2024 05:57am

Commodities

Gold prices edge down

NEW YORK: Gold prices edged lower as the dollar held firm on Wednesday, with investors awaiting a key US Federal...

Published 19 Dec, 2024 05:57am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (December 18, 2024)...

Published 19 Dec, 2024 05:57am

Commodities

Malaysian palm oil tracks rival edible oils lower

KUALA LUMPUR: Malaysian palm oil futures fell on Wednesday for a fourth consecutive session, as the market tracked...

Published 19 Dec, 2024 05:57am

Commodities

Copper edges up after hitting two-week low

LONDON: Copper prices edged up in London on Wednesday after hitting their lowest in more than two weeks, but ...

Published 19 Dec, 2024 05:57am

Commodities

Chicago wheat futures firm

CANBERRA: Chicago wheat futures steadied on Wednesday following four consecutive daily losses, as concerns over...

Published 19 Dec, 2024 05:57am

Commodities

Iron ore slips as supply worries ease

BEIJING: Iron ore futures prices slipped on Wednesday, as supply concerns eased and demand slowed marginally due to...

Published 19 Dec, 2024 05:57am

Money & Banking

Asian currencies: Indonesian rupiah, Thai baht weaken

BENGALURU: The Indonesian rupiah and the Thai baht weakened ahead of those countries’ central bank policy ...

Published 19 Dec, 2024 05:57am

Money & Banking

Dollar advances against peers

NEW YORK: The US dollar advanced against its peers on Wednesday ahead of the Federal Reserve’s monetary policy...

Published 19 Dec, 2024 05:57am

Money & Banking

Indian rupee weakens to lifetime low

MUMBAI: The Indian rupee hit its all-time low on Wednesday, pressured by strong dollar demand from importers and...

Published 19 Dec, 2024 05:57am

Money & Banking

ECB proposes EU-wide disaster insurance system

PARIS: The European Central Bank and the EU’s insurance regulator published Wednesday a proposal to create a...

Published 19 Dec, 2024 05:57am

Money & Banking

ICMA welcomes SBP’s policy rate cut as a strategic step towards economic recovery

KARACHI: The Institute of Cost and Management Accountants of Pakistan (ICMA) commends the State Bank of Pakistan’s...

Published 19 Dec, 2024 05:57am

Industry

PDP demands govt cut gas, electricity tariffs, assails ‘economic terrorism’

KARACHI: Pasban Democratic Party (PDP) General Secretary Iqbal Hashmi has rejected the cruel increase in gas prices...

Published 19 Dec, 2024 05:57am

Industry

Over 200 exhibitors to participate in DALFA Cattle Show next month

KARACHI: The fourth edition of the DALFA Cattle Show, scheduled for January 17-19 at the Expo Centre, is set to mark...

Published 19 Dec, 2024 05:57am

Commodities

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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