News Archives for Print - 2024-12-21

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Print - 2024-12-21

Moroccan envoy for parliamentarians’ cooperation programme

ISLAMABAD: Moroccan Ambassador to Pakistan Mohammad Karmoun emphasised the importance of establishing a cooperation...

Published 21 Dec, 2024 08:45am

Most-wanted terrorist among seven gunned down in Tank IBO

RAWALPINDI: Security forces gunned down seven terrorists, including a most-wanted terrorist, in an ...

Published 21 Dec, 2024 08:40am

Cancer treatment: PIMA concerned over misleading info on PTV

ISLAMABAD: Pakistan Islamic Medical Association (PIMA) has expressed deep concern over the dissemination of...

Published 21 Dec, 2024 08:37am

Energy

Ogra notifies RLNG price cut for SNGPL, SSGCL

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Friday notified 2.72 percent and 1.99 percent RLNG price...

Published 21 Dec, 2024 08:37am

Companies

Interest-free loans for women: P&G Pakistan, Imtiaz Group, and Akhuwat Islamic Microfinance sign MoU

KARACHI: P&G Pakistan, Imtiaz Group - Pakistan’s largest retailer and Akhuwat Islamic Microfinance, a leading...

Published 21 Dec, 2024 08:33am

Pakistan Navy Engineering College holds convocation ceremony

KARACHI: The 36th convocation ceremony of Pakistan Navy Engineering College (PNEC) was held in Karachi. Chief of the...

Published 21 Dec, 2024 08:32am

Sindh, Punjab, KP governors discuss seminary bill, Parachinar

KARACHI: Sindh Governor Kamran Tessori and his Punjab and Khyber Pakhtunkhwa (KP) counterparts discussed the current...

Published 21 Dec, 2024 08:30am

Speakers’ Conference pledges to uphold parliamentary supremacy

ISLAMABAD: The Speakers Conference has expressed the commitment to uphold parliamentary supremacy, fundamental ...

Published 21 Dec, 2024 08:29am

Six get life terms for murder of JUI-F's leader Khalid Soomro

SUKKUR: An anti-terrorism court in Sukkur sentenced six individuals to life imprisonment in connection with the...

Published 21 Dec, 2024 08:28am

Speakers’ Conference discusses issue of constitutional impunity

ISLAMABAD: The 18th National Speakers’ Conference discussed the legislative proposal to amend Article 248 of the...

Published 21 Dec, 2024 08:28am

Energy

SSGC’s operation girift: 4,962 illegal connections removed

KARACHI: Sui Southern Gas Company (SSGC) launched its operation girift campaign in 2016, with the objectives to...

Published 21 Dec, 2024 08:26am

Stocks

Nikkei slumps to weekly loss despite softer yen

TOKYO: Japan’s Nikkei share average fell on Friday and logged its worst week in more than a month despite the...

Published 21 Dec, 2024 08:26am

Stocks

China stocks slip as investors await more policy support

SHANGHAI: China stocks fell on Friday and registered a second week of losses as investors eyed more policy tonic ...

Published 21 Dec, 2024 08:25am

Stocks

European shares see worst week in over three-months

FRANKFURT: Europe’s STOXX 600 clocked its second straight weekly fall on Friday, with the healthcare sector ...

Published 21 Dec, 2024 08:25am

Stocks

Wall Street higher as cooling inflation eases rate-cut fears

NEW YORK: Wall Street’s main indexes jumped in volatile trading on Friday as a cooler-than-expected inflation...

Published 21 Dec, 2024 08:24am

Money & Banking

Asian currencies: Ringgit extends fall to 10th session

BENGALURU: Asian currencies and stocks lost more ground on Friday and were poised to close the week lower, as a...

Published 21 Dec, 2024 08:24am

Money & Banking

Indian rupee hits record low

MUMBAI: The Indian rupee slipped to its all-time low on Friday before turning course to end modestly higher, aided ...

Published 21 Dec, 2024 08:23am

Money & Banking

Dollar retreats from two-year high

NEW YORK: The US dollar retreated from a two-year high on Friday, but was heading for its third consecutive week of...

Published 21 Dec, 2024 08:22am

Gwadar to host HBL PSL Player Draft

LAHORE: The Pakistan Cricket Board (PCB) has announced the port city Gwadar in Balochistan as host for the Player...

Published 21 Dec, 2024 06:24am

The Weather

KARACHI: The weather report on Friday (December 20, 2024) and the forecast for Saturday (December 21, 2024)...

Published 21 Dec, 2024 06:24am

Many areas achieve loadshedding-free status: KE

KARACHI: K-Electric (KE) has announced that many areas across its network have achieved a loadshedding-free status,...

Published 21 Dec, 2024 06:24am

Shaheen Butt assumes charge as PBM MD

ISLAMABAD: The federal government has finally appointed former senator Shaheen Khalid Butt, a politician who belongs...

Published 21 Dec, 2024 06:24am

Clemency for Dr Aafia Siddiqui: MoFA tells IHC: no response from US on PM’s letter as yet

ISLAMABAD: The Ministry of Foreign Affairs, on Friday, informed the Islamabad High Court (IHC) that no response had...

Published 21 Dec, 2024 06:24am

Polish co plans to double investments in Pakistan: envoy

ISLAMABAD: Poland’s Ambassador Maciej Pisarski on Friday said Poland Oil and Gas Company (POGC) had invested over...

Published 21 Dec, 2024 06:24am

Growing losses from cyber incidents: Global firms planning to increase cybersecurity budgets

ISLAMABAD: A global Cybersecurity Company Friday disclosed that the companies across the globe including Pakistani...

Published 21 Dec, 2024 06:24am

10 out of 15 Wafaqul Madaris registered with govt: Minister

LAHORE: Federal Minister for Education Khalid Maqbool Siddiqui attended an event organized by the Punjab Education...

Published 21 Dec, 2024 06:24am

ADB delegation meets CDA chief

ISLAMABAD: Capital Development Authority (CDA) Chairman Muhammad Ali Randhawa held a meeting with a delegation from...

Published 21 Dec, 2024 06:24am

CS takes notice of attack on polio workers

KARACHI: Sindh Chief Secretary Asif Hyder Shah has taken serious notice of attack on polio workers in Korangi and...

Published 21 Dec, 2024 06:24am

3500 bikes approved for field veterinary doctors

LAHORE: The Chief Minister of Punjab has approved 3,500 motorbikes for field veterinary doctors of the Livestock...

Published 21 Dec, 2024 06:24am

ICAP marks 10th National Finance Olympiad

KARACHI: The Institute of Chartered Accountants of Pakistan (ICAP) is proud to mark a milestone with the grand...

Published 21 Dec, 2024 06:24am

Imposing pickup trucks symbolise country's power gulf

KARACHI: In country’s largest city, cars inch forward in bumper-to-bumper traffic. But some seamlessly carve...

Published 21 Dec, 2024 06:24am

Middle East

Gaza civilians Israeli troops held responsible for indiscriminate killing

OCCUPIED JERUSALEM: A leading Israeli newspaper, citing unnamed soldiers serving in Gaza, described indiscriminate...

Published 21 Dec, 2024 06:24am

South Asia

Mumbai slum revamp contract: India court dismisses challenge to award to Adani

MUMBAI: An Indian court on Friday dismissed a petition challenging the award of a contract to Adani Group to revamp...

Published 21 Dec, 2024 06:24am

National body agrees to draft a viable document on polio eradication

ISLAMABAD: A top national forum, Friday, while vowing to make all possible efforts for polio eradication, which in...

Published 21 Dec, 2024 06:24am

JI says to hold protest demos against water shortage

KARACHI: Jamaat-e-Islami (JI) has lashed out at the ruling PPP for failing to address the megacity’s worsening...

Published 21 Dec, 2024 06:24am

'KBP to protest if sugarcane support price not announced'

LAHORE: The Kissan Board Pakistan (KBP) on Friday warned the provincial government to stage a protest if the support...

Published 21 Dec, 2024 06:24am

LUMS hosts its flagship event

LAHORE: LUMS is hosting its Open Day on Sunday, December 22 – a flagship event for prospective students and their...

Published 21 Dec, 2024 06:24am

Three injured as polio team attacked in Karachi

KARACHI: A polio vaccination team was attacked within the limits of Korangi police station, leaving two polio ...

Published 21 Dec, 2024 06:24am

Human trafficking, cyber crime and drug usage: UN shows interest in mutual cooperation

LAHORE: The United Nation (UN) has showed great interest in mutual cooperation in preventing human trafficking, ...

Published 21 Dec, 2024 06:24am

Over 141,000 flood-hit people: UNDP with Japan’s $4.6m aid restore livelihoods

ISLAMABAD: United Nation Development Programme (UNDP) with the financial support worth $4.6 million from Japan has...

Published 21 Dec, 2024 06:24am

Jail improvements: CJP says satisfied with efforts of Punjab govt

ISLAMABAD: The Chief Justice of Pakistan Yahya Afridi expressed satisfaction over the upgradation efforts and ...

Published 21 Dec, 2024 06:24am

Nuclear issues: Washington hopes to continue ‘constructive’ engagement

WASHINGTON: Vedant Patel, a spokesman for the US Department of State, has said that Washington hoped to continue to...

Published 21 Dec, 2024 06:24am

Political situation: Bilawal meets Punjab, KP governors, Bugti

KARACHI: A meeting was held at Bilawal House under the chairmanship of Pakistan People’s Party (PPP) Chairman...

Published 21 Dec, 2024 06:24am

KP apex body forms strategy to end violence in Kurram

PESHAWAR: An important meeting of the Provincial Apex Committee was held here on Friday at Chief Minister’s...

Published 21 Dec, 2024 06:24am

Rates

Equities roar back

KARACHI: Pakistan Stock Exchange on Friday rebounded and closed on strong positive note with healthy gains on the...

Published 21 Dec, 2024 06:24am

Human crisis in Kurram district deepens: All educational institutions to remain closed

ISLAMABAD: Human crisis in troubled Kurram district has deepened as all the education institutions, both public and...

Published 21 Dec, 2024 06:24am

PDWP approves 5 uplift schemes worth Rs7bn

LAHORE: The Provincial Development Working Party (PDWP) on Friday approved five development schemes of different...

Published 21 Dec, 2024 06:24am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (December 20, 2024). ==================================== BR...

Published 21 Dec, 2024 06:24am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (December 20, 2024)....

Published 21 Dec, 2024 06:24am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (December 20, 2024). ======================== Open Bid...

Published 21 Dec, 2024 06:24am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (December 20, 2024). ========================== KIBOR...

Published 21 Dec, 2024 06:24am

Letters

Criticality of workers’ remittances

According to media reports, Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan has been quoted as saying...

Published 21 Dec, 2024 06:24am

Rising traffic accidents

Deaths in traffic accidents have become such a serious matter that the Karachi police chief had to hold a press...

Updated 21 Dec, 2024 07:33am

Power sector: role of WB, ADB, IMF

Once again the World Bank (WB) is reported to be currently working with the government to invite private sector...

Updated 21 Dec, 2024 07:32am

FBR suspends officer

ISLAMABAD: Federal Board of Revenue (FBR) has placed Syed Faisal Saeed Bokhari (PCS/ BS-20), presently posted as...

Published 21 Dec, 2024 06:24am

Vandalism at FJC: Hearing against IK, Qureshi & others adjourned till Jan 15

ISLAMABAD: The Anti-Terrorism Court (ACT), on Friday, adjourned hearing of cases registered against Pakistan...

Published 21 Dec, 2024 06:24am

PARTLY FACETIOUS: There is no gang of three in the West

“Whatever we are subjected to in childhood, we bestow on our children.” “A blanket statement from someone with...

Updated 21 Dec, 2024 07:31am

Gas issue: Sharjeel asks Centre to take notice

KARACHI: Senior Minister of Sindh Sharjeel Inam Memon has said that the federal government should take immediate and...

Published 21 Dec, 2024 06:24am

BISP holds event in connection with Quaid’s birthday, Christmas

ISLAMABAD: BISP organised a ceremony to celebrate Christmas, and the birthday of Quaid-e-Azam Muhammad Ali Jinnah, a...

Published 21 Dec, 2024 06:24am

Justice Mandokhail criticises ‘role of state institutions’ in politics

ISLAMABAD: Justice Jamal Khan Mandokhail criticizing the role of state institutions in political affairs said ...

Published 21 Dec, 2024 06:24am

Punjab govt to provide all support for Quaid-e-Azam Business Park

LAHORE: Punjab Industries and Commerce Minister Chaudhry Shafay Hussain has said that the Punjab government will...

Published 21 Dec, 2024 06:24am

Iranian CG hopes strong trade ties with Pakistan

LAHORE: Acting Consul General of Iran Ali Asghar Yeckdeleh has hoped that bilateral trade and economic ties between...

Published 21 Dec, 2024 06:24am

Industry

Deceptive marketing practices: CCP imposes Rs170m penalties on two frozen dessert makers

ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed significant penalties on two leading frozen...

Published 21 Dec, 2024 06:24am

Industry

Businessmen Panel for reducing cost of doing business

KARACHI: Anjum Nisar, Patron-in-Chief of the Businessmen Panel, has called on the federal government to take ...

Updated 21 Dec, 2024 09:23am

Delegation representing capital markets visits China, signs MoUs

KARACHI: A high-level delegation from Pakistan’s capital markets, led by Akif Saeed, Chairman of the Securities ...

Published 21 Dec, 2024 06:24am

Insurance firm fails to challenge SECP powers

LAHORE: An insurance company has failed to challenge the powers of Securities and Exchange Commission of Pakistan...

Published 21 Dec, 2024 06:24am

A fractured digital outlook

EDITORIAL: The government’s admission on December 16 in parliament of at least partial responsibility for sluggish...

Updated 21 Dec, 2024 07:25am

Sharp decline in cotton production

EDITORIAL: The 33 percent year-on-year decline in cotton production would be bad news in the best of times, but...

Updated 21 Dec, 2024 07:28am

Confused about climate change

EDITORIAL: Senator Sherry Rehman is right to note that “institutional Pakistan remains confused about climate...

Updated 21 Dec, 2024 07:30am

Commodities

Gold prices continue to lose ground

KARACHI: Gold prices continued to lose ground on Friday, as global rates inched closer to $2,600 per ounce, traders...

Published 21 Dec, 2024 06:24am

Taxes

Tax Laws (Amendment) Bill, 2024: comments

Concept of an eligible person introduced [Section 114C(5)(B)]

Updated 21 Dec, 2024 07:09am

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 21 Dec, 2024 06:24am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (December...

Published 21 Dec, 2024 06:24am

Madressah registration: Fazl seems optimistic after meeting PM

ISLAMABAD: Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman claimed on Friday that Prime Minister...

Updated 21 Dec, 2024 03:38pm

PM makes body to review ‘allowances to govt servants’

ISLAMABAD: Prime Minister Shehbaz Sharif has constituted a Special Committee to review the proposals received by the...

Updated 21 Dec, 2024 09:22am

Digital channels drive 87pc of retail payments

State Bank of Pakistan highlights significant strides in Pakistan’s journey toward a cashless and digitally inclusive economy

Updated 21 Dec, 2024 02:47pm

Aurangzeb vows to overhaul tax machinery

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb has reiterated the government’s...

Updated 21 Dec, 2024 02:47pm

Cabinet refuses to relax Import Policy Order for stuck vintage cars

ISLAMABAD: The Federal Cabinet has refused to exempt stuck vintage cars imported by elite from applicable Import...

Updated 21 Dec, 2024 03:38pm

Business-friendly environment: Speed up work on regulatory reform, PM tells officials

ISLAMABAD: As Pakistan is desperately seeking to enhance foreign investment, Prime Minister Shehbaz Sharif was...

Published 21 Dec, 2024 06:24am

Three Gencos’ CEOs suspended

ISLAMABAD: The government has suspended Chief Executive Officers (CEOs) of three power Generation Companies (Gencos)...

Updated 21 Dec, 2024 03:22pm

Iran, Pakistan to hold talks to extend power sale agreement

ISLAMABAD: Pakistan and Iran are all set to hold negotiations to extend electricity sale agreement which is to...

Updated 21 Dec, 2024 03:40pm

26th Amendment challenged in SC

ISLAMABAD: The Supreme Court has been asked to declare 26th Constitutional Amendment Act, 2024 ab initio void and...

Updated 21 Dec, 2024 03:37pm

Weekly SPI inflation up 0.38pc

ISLAMABAD: The Sensitive Price Index-based inflation for the week ended December 19, 2024, increased by 0.38 per ...

Published 21 Dec, 2024 06:24am

PTBA for establishing body to monitor govt spending

KARACHI: Pakistan Tax Bar Association (PTBA) has raised serious concerns about using taxpayers’ money and called for...

Updated 21 Dec, 2024 09:21am

Underpasses, overhead bridges: Maryam for developing green belts

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif has directed the district administration to develop green belts...

Updated 21 Dec, 2024 02:46pm

Collective Investment Schemes: SECP sets standardised performance benchmarks

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued Direction to set standardised...

Updated 21 Dec, 2024 09:17am

Cotton & Textile

Subdued business on cotton market

LAHORE: The local cotton market on Friday remained steady and the trading volume remained a little low. Cotton...

Published 21 Dec, 2024 06:24am

Companies

Digital payment solution: Standard Chartered Bank Pakistan signs MoU with Haball

KARACHI: Standard Chartered Bank (Pakistan) Limited (“Standard Chartered”) has partnered with Haball, the ...

Published 21 Dec, 2024 06:24am

Industry

PRA cracks down on unregistered restaurants

LAHORE: The Punjab Revenue Authority (PRA) has intensified its efforts to install Electronic Invoice Monitoring...

Published 21 Dec, 2024 06:24am

Companies

CBD Punjab welcomes mixed-use skyscraper Zameen ARX

LAHORE: Zameen Developments, the sister company of Pakistan’s leading real estate platform Zameen.com, unveiled ...

Published 21 Dec, 2024 06:24am

NHA directed to prepare regular security plan

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

Updated 21 Dec, 2024 08:37am

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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