News Archives for Print - 2024-12-22

<<>>

Print - 2024-12-22

Pope slams cruelty of strike killing Gaza children

VATICAN CITY: Pope Francis on Saturday condemned the bombing of children in Gaza as “cruelty”, a day after the...

Published 22 Dec, 2024 02:57am

Energy

Oil prices steady as markets weigh Fed rate cut expectations, Chinese demand

HOUSTON: Oil prices settled little changed on Friday as markets weighed Chinese demand and interest rate-cut...

Published 22 Dec, 2024 02:57am

Commodities

Soybeans extend gains in technical rebound, wheat hits new lows

CHICAGO: Chicago soybean futures rose on Friday, driven by short-covering ahead of the weekend and technical buying,...

Published 22 Dec, 2024 02:57am

Energy

US natural gas prices jump

NEW YORK: US natural gas futures jumped about 5% to a 23-month high on Friday on early forecasts for much colder...

Published 22 Dec, 2024 02:57am

Commodities

Palm oil extends losses

KUALA LUMPUR: Malaysian palm oil futures ended lower on Friday and posted a second consecutive weekly loss, ...

Published 22 Dec, 2024 02:57am

Commodities

Asia coffee: Quiet trade ahead of Christmas break, low supplies in Vietnam

HANOI/BANDAR LAMPUNG, (Indonesia): Coffee trading activities were thin in Vietnam this week ahead of Christmas, with...

Published 22 Dec, 2024 02:57am

Commodities

Japanese rubber futures up

SINGAPORE: Japanese rubber futures edged higher on Friday helped by a softer yen but prices logged a second...

Published 22 Dec, 2024 02:57am

Energy

LESCO recovers over Rs8m from 446 defaulters

LAHORE: The Lahore Electric Supply Company (LESCO) recovered over Rs 8 million from 446 defaulters in collaboration...

Published 22 Dec, 2024 02:57am

Naya Nazimabad conducts Wheelchair Basketball Tournament

KARACHI: Naya Nazimabad has successfully conducted All Karachi Wheelchair Basketball Tournament that brought a new...

Published 22 Dec, 2024 02:57am

At least 13 dead in two crowd crushes in Nigeria

LAGOS: At least 13 people died in two incidents in Nigeria on Saturday as crowds, mostly women and children,...

Published 22 Dec, 2024 02:57am

The ‘atheist’ Saudi refugee suspected of Germany attack

RIYADH, (Saudi Arabia): The suspected perpetrator of a deadly ramming at a Christmas market in the German city of...

Published 22 Dec, 2024 02:57am

Biden approves $571m in defence support for Taiwan

WASHINGTON: US President Joe Biden on Friday agreed to provide $571.3 million in defense support for Taiwan, the...

Published 22 Dec, 2024 02:57am

Arrest warrants for Netanyahu-III

Evidence used in command responsibility cases There are three pillars of command responsibility: knowledge,...

Published 22 Dec, 2024 02:57am

JI protests against water shortage

KARACHI: Jamaat-e-Islami Karachi Chief, Munim Zafar Khan, led a protest at Fresco Chowk, Burns Road on Saturday,...

Published 22 Dec, 2024 02:57am

Punjab farmers to receive subsidised agri machinery

LAHORE: The Punjab Agriculture Department announced that farmers will receive agricultural machinery and equipment...

Published 22 Dec, 2024 02:57am

Officials asked to send medicines to Kurram

LAHORE: “It is time for service not politics, the people of Kurram are in trouble, I pray that situation and...

Published 22 Dec, 2024 02:57am

Aleema says quoting her brother: PTI’s movement for ‘a halt in remittances’ to begin today

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan’s sister Aleema Khan on Saturday quoting her...

Updated 22 Dec, 2024 04:53pm

Capital witnesses rising incidence of vehicle thefts, robberies

ISLAMABAD: A spate of car thefts and robberies has left Islamabad residents shaken, with 42 vehicles, including 37...

Published 22 Dec, 2024 02:57am

Murad discusses transformative police reforms

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has emphasised his government’s commitment to strengthening the...

Published 22 Dec, 2024 02:57am

Global poll: ‘Almost half of taxpayers don’t see their taxes being spent for public good’

KARACHI: Across the globe taxpayers support the idea of a fiscal contract – citizens agreeing to pay tax in...

Published 22 Dec, 2024 02:57am

Govt schools in province will be solarized: Nasir Shah

KARACHI: Provincial Minister for Energy, Development and Planning Sindh Syed Nasir Hussain Shah has said that all...

Published 22 Dec, 2024 02:57am

PCDMA concerned at consignments backlog at ports

KARACHI: Salim Valimohammad, Chairman of the Pakistan Chemicals & Dyes Merchants Association (PCDMA), has...

Published 22 Dec, 2024 02:57am

Thar Foundation launches skill development programme for women

KARACHI: Thar Foundation has signed a Memorandum of Understanding (MoU) to launch a transformative skill development...

Published 22 Dec, 2024 02:57am

Women farmers lead nutrition revolution with zinc-enriched wheat in Sindh, Punjab

KARACHI: Women farmers in rural areas of Sindh and Punjab are driving a nutritional revolution by cultivating...

Published 22 Dec, 2024 02:57am

AWWT distributes winter packages

KARACHI: Alkhidmat Women’s Wing Trust has taken a commendable step towards supporting underprivileged families by...

Published 22 Dec, 2024 02:57am

Zardari pays tribute to security forces

ISLAMABAD: President Asif Ali Zardari paid tribute to the security forces for successfully foiling an infiltration...

Published 22 Dec, 2024 02:57am

SACM of Sindh for Food conducts emergency visit to H’abad

HYDERABAD: The Special Assistant to the Chief Minister of Sindh for Food, Abdul Jabbar Khan, conducted an emergency...

Published 22 Dec, 2024 02:57am

Annual report highlights PFA’s success

LAHORE: The Punjab Food Authority (PFA) inspected over 1,026,000 units during the calendar year 2024 leading to the...

Published 22 Dec, 2024 02:57am

ATC grants Bushra Bibi interim bail in 32 cases

RAWALPINDI: The Anti-Terrorism Court (ATC), on Saturday, granted interim bail to Pakistan Tehreek-e-Insaf (PTI)...

Published 22 Dec, 2024 02:57am

Dr Bhutta honoured

KARACHI: Dr Zulfiqar Ahmed Bhutta, a prominent figure in maternal and child health, has been appointed as an Officer...

Published 22 Dec, 2024 02:57am

Four terrorists killed near Pak-Afghan border

ISLAMABAD: Pakistani security forces successfully thwarted an infiltration attempt by a group of terrorists near the...

Published 22 Dec, 2024 02:57am

May 9 riots: Military courts award 2-10 years jail terms to 25 civilians

ISLAMABAD: The Inter-Services Public Relations (ISPR) has announced the sentencing of individuals involved in the ...

Published 22 Dec, 2024 02:57am

Commodities

Indonesia to hike crude palm oil export levy to 1pc

JAKARTA: Indonesia will increase its export levy for crude palm oil (CPO) to 10% from the current 7.5% to finance...

Published 22 Dec, 2024 02:57am

Commodities

Copper prices edge up

LONDON: Copper prices edged up on Friday from a five-week low hit in the previous session but were on track for a...

Published 22 Dec, 2024 02:57am

Commodities

German farmers plant more winter wheat, rapeseed for 2025 crop

HAMBURG: Germany’s winter wheat sown area for the 2025 harvest has been increased by 12.3% on the year to about ...

Published 22 Dec, 2024 02:57am

Commodities

Gold climbs after soft US inflation data

NEW YORK: Gold prices extended gains on Friday, supported by a softer dollar and Treasury yields after US economic...

Published 22 Dec, 2024 02:57am

Commodities

Iron ore posts weekly loss as seasonally weak demand weighs

BEIJING: Iron ore futures prices fell for a fourth straight session on Friday and were set for a weekly loss,...

Published 22 Dec, 2024 02:57am

The Weather

KARACHI: The weather report on Saturday (December 21, 2024) and the forecast for Sunday (December 22, 2024)...

Published 22 Dec, 2024 02:57am

Taxes

Imposition of Agri tax from Jan 2025: Experts urge need to engage rural youth in agri productive activities

ISLAMABAD: Leading agriculture experts Saturday strongly recommended that there is an urgent need to engage rural...

Published 22 Dec, 2024 02:57am

Colluding to influence fresh milk prices: CCP imposes penalties on three dairy associations

ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed penalties on three dairy associations in Karachi...

Updated 22 Dec, 2024 09:34am

Europe flights to revive PIA sell-off prospects: Aleem

ISLAMABAD: Federal Minister for Privatisation, Board of Investment and Communications, Abdul Aleem Khan Saturday ...

Published 22 Dec, 2024 02:57am

Mobile phones worth $570.167m imported during Jul-Nov FY25

ISLAMABAD: The country imported mobile phones worth $570.167 million in the first five months (July-November) of the...

Published 22 Dec, 2024 02:57am

TTP and al-Qaeda

EDITORIAL: The international community ignores Pakistan’s warning that TTP (Tehreek-e-Taliban Pakistan) could...

Published 22 Dec, 2024 02:57am

Sold into slavery

EDITORIAL: Trafficking in human beings, a modern form of slavery, is on the rise across the world as poverty,...

Published 22 Dec, 2024 02:57am

Inordinately delayed LG polls

EDITORIAL: Our governing politicians are unwilling to embrace the idea of devolution of power to the grassroots....

Published 22 Dec, 2024 02:57am

Letters

SAARC: India is part of the problem; it is unwilling to become a solution

According to media reports, the SAARC Chamber of Commerce and Industry has said the intra-trade among SAARC ...

Published 22 Dec, 2024 02:57am

Commodities

Gold prices soar

KARACHI: Gold prices bounced back with a huge gain on Saturday following the global market’s noticeable recovery,...

Published 22 Dec, 2024 02:57am

Industry

TDAP holds webinar to unlock Ethiopian market for Pak agro, food products

KARACHI: The International Markets Development Division (Africa Desk) of the Trade Development Authority of Pakistan...

Published 22 Dec, 2024 02:57am

Prices of kitchen items show increasing trend

ISLAMABAD: The prices of essential kitchen items especially vegetables have witnessed an increasing trend during ...

Published 22 Dec, 2024 02:57am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (December 21, 2024)...

Published 22 Dec, 2024 02:57am

Cotton & Textile

Spot rate unchanged amid slow activity

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

Published 22 Dec, 2024 02:57am

PHMA, PRGMEA for reducing business cost for export-oriented industry

LAHORE: The value-added export-oriented textile industry should be given the top priority of the government,...

Published 22 Dec, 2024 02:57am

Missile capabilities: Pakistan dismisses US concerns

ISLAMABAD: Pakistan on Saturday rejected the concerns raised by the United States regarding the alleged perceived...

Updated 22 Dec, 2024 11:51am

Senate panel asks Pesco to resolve issues facing industry

ISLAMABAD: The Senate Standing Committee on Power has directed the Peshawar Electric Supply Company (Pesco) to...

Updated 22 Dec, 2024 09:33am

JCP gives CB judges six-month extension

ISLAMABAD: The Judicial Commission of Pakistan (JCP) by a majority approved an extension in the period of already...

Updated 22 Dec, 2024 09:33am

‘Judges for CBs, HCs’: Justice Mansoor says ‘rules must provide mechanism, criteria’

ISLAMABAD: Justice Syed Mansoor Ali Shah said the proposed rules under Article 175 (A) (4) of the Constitution must...

Updated 22 Dec, 2024 09:32am

Equities outperform major asset classes

KARACHI: Pakistan Equities outperformed major asset classes in 2024 as the benchmark KSE-100 Index provided a gain...

Updated 22 Dec, 2024 09:31am

Piqued by huge tax evasion, PM orders crackdown

Premier calls for the rapid implementation of video analytics in the cement and tobacco industries

Updated 22 Dec, 2024 05:34pm

Airport outsourcing: Dar-led panel to approve PAA’s recommendations

ISLAMABAD: Deputy Prime Minister Ishaq Dar chaired the meeting of the steering committee on outsourcing of the...

Updated 22 Dec, 2024 09:31am

‘Tax laws (amendment) bill likely to be challenged in courts’

ISLAMABAD: The Tax Laws (Amendment) Bill, 2024 is likely to be challenged in courts due to the imposition of...

Updated 22 Dec, 2024 09:26am

PTI rejects award of sentences by military courts

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) has categorically rejected the award of sentences to over two dozen...

Updated 22 Dec, 2024 09:30am

Imran sets up team for talks with govt: Omar

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) senior leader and Leader of Opposition in the National Assembly, Omar Ayub...

Updated 22 Dec, 2024 09:27am

Industry

KCCI chief for expediting consignment clearance processes at ports

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani, while expressing deep...

Published 22 Dec, 2024 02:57am

Industry

FPCCI participates in D-8 CCI General Assembly meeting in Cairo

KARACHI: Atif Ikram Sheikh, President FPCCI, has informed that the apex body has participated in the Developing ...

Published 22 Dec, 2024 02:57am

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

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular