News Archives for Print - 2025-01-01

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Print - 2025-01-01

South Asia

China says shared Covid information ‘without holding anything back’

BEIJING: Beijing insisted on Tuesday that it had shared information on Covid-19 “without holding anything back”,...

Published 01 Jan, 2025 03:03am

Rising squash stars shine in Scottish Junior Open 2024

LAHORE: Pakistan’s rising squash stars Mahnoor Ali and Sohail Adnan have made history by winning their respective...

Published 01 Jan, 2025 03:03am

Big changes await the world during Trump 2.0: experts

ISLAMABAD: The NUST Institute of Policy Studies (NIPS) organised a seminar on “The World during Trump 2.0:...

Published 01 Jan, 2025 03:03am

New Year’s greetings: Bilawal for brighter, united & prosperous future

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto-Zardari has extended heartiest New Year’s...

Published 01 Jan, 2025 03:03am

Diplomatic Forum: ‘Consular corps committed to enhancing economic, cultural ties’

KARACHI: The consular corps in Karachi is committed to enhancing the economic, cultural and consular ties. The...

Published 01 Jan, 2025 03:03am

Red Line BRT: Sindh minister says govt not causing any delay

KARACHI Senior Minister of Sindh Sharjeel Inam Memon has said that there were challenges in the Red Line BRT....

Published 01 Jan, 2025 03:03am

Stocks

PSX experiences remarkable comeback in 2024

KARACHI: The Pakistan Stock Exchange (PSX) has experienced a remarkable comeback in the calendar year 2024, ...

Published 01 Jan, 2025 03:03am

Death toll rises to 204 in restive Kurram District

ISLAMABAD: Crisis in restive Kurram District deepened as death toll has risen to 204 with two more children dead due...

Published 01 Jan, 2025 03:03am

In memoriam: ‘Arshad Sahib’

I never ever dwelt on his incisive reports, nor on his interactive approach on matters pertaining to journalism but...

Published 01 Jan, 2025 03:03am

Absence of CEOs of 3 Discos irks NA panel

ISLAMABAD: National Assembly Standing Committee on Rules of Procedure and Privileges expressed its strong ...

Published 01 Jan, 2025 03:03am

Property, FOSPAH, and protection of women

When should authorities intervene to restrain or incarcerate a perpetrator, particularly in cases of harassment? In...

Published 01 Jan, 2025 03:03am

Beware the tides of 2025

It is the silver jubilee year. The millennials are the bygones. Gen Zee is up close and present. The Alphas are the...

Published 01 Jan, 2025 03:03am

Stocks

Wall St set to end 2024 on high note as AI boom

NEW YORK: Wall Street’s main indexes slipped in the last trading session of 2024 as Treasury yields rose, but the...

Published 01 Jan, 2025 03:03am

Putin hails achievements in New Year’s speech

MOSCOW: President Vladimir Putin praised his country’s achievements in a New Year’s Eve speech Tuesday, saying...

Published 01 Jan, 2025 03:03am

Xi says no one can stop China’s ‘reunification’ with Taiwan

BEIJING: No one can stop China’s “reunification” with Taiwan, Chinese President Xi Jinping said in his New...

Published 01 Jan, 2025 03:03am

Top Republican’s leadership of US House hangs by a thread

WASHINGTON: Just three days before the US House of Representatives chooses its next speaker, Republican Mike Johnson...

Published 01 Jan, 2025 03:03am

Blome pays farewell call on Aurangzeb

ISLAMABAD: Donald Blome, Ambassador of the United States of America to Pakistan, paid a farewell call on Federal...

Published 01 Jan, 2025 03:03am

‘Naval conference’ reviews marine security

ISLAMABAD: Pakistan Navy Command and Staff Conference reviewed the security situation in the Indian Ocean, focusing...

Published 01 Jan, 2025 03:03am

Kurram dispute: Grand jirga adjourned without any proceedings

KOHAT: The grand jirga on Kurram dispute was adjourned without any proceedings on Tuesday. According to sources,...

Published 01 Jan, 2025 03:03am

DC Hyderabad reviews traffic congestion, encroachments problems

HYDERABAD: In a concerted effort to tackle problems of traffic congestion and encroachments, a review meeting was...

Published 01 Jan, 2025 03:03am

CM's tubewell solarisation plan being implemented'

LAHORE: Secretary Agriculture Punjab Iftikhar Ali Sahoo has claimed that the Chief Minister Punjab's agricultural...

Published 01 Jan, 2025 03:03am

PHC extends interim bail of PTI leader Asad Qaiser till 30th

PESHAWAR: The Peshawar High Court (PHC) on Tuesday extended the interim bail of Pakistan Tehreek-e-Insaf (PTI) ...

Published 01 Jan, 2025 03:03am

‘Pakistan will have to face multiple challenges in 2025’

KARACHI: The Chairman of National Business Group Pakistan, President of the Pakistan Businessmen and Intellectuals...

Published 01 Jan, 2025 03:03am

Strenuous efforts needed to achieve tremendous progress of economy in 2025: analyst

KARACHI: In our country, the average 2024 growth of economy needs strenuous efforts to achieve tremendous progress ...

Published 01 Jan, 2025 03:03am

Karachi faces more chaos as ASWJ too stages sit-ins

KARACHI: Police launched a crackdown early Tuesday to get ended the week-long MWM sit-in protests, sparking violent...

Published 01 Jan, 2025 03:03am

Letters

ZAB did not get a ‘fair trial’

According to media reports, Chief Justice of Pakistan (CJP) Justice Yahya Afridi has ruled that the late prime...

Published 01 Jan, 2025 03:03am

Tola appointed as President of SAFA

ISLAMABAD: Ashfaq Yousuf Tola, past President of the Institute of Chartered Accountants of Pakistan (ICAP) has been...

Published 01 Jan, 2025 03:03am

Govt likely to privatise entire Hajj programme from 2026

ISLAMABAD: The government is considering privatising entire Hajj operations in 2026, Secretary of the Ministry of...

Published 01 Jan, 2025 03:03am

Research over replication

Pakistan produces an estimated half a million graduates annually. However, according to the research done by PIDE in...

Published 01 Jan, 2025 03:03am

Actions taken against 1,500 illegal constructions in 2024: SBCA

KARACHI: The Sindh Building Control Authority (SBCA) has issued its Annual Performance Report for 2024. According...

Published 01 Jan, 2025 03:03am

PARTLY FACETIOUS: Nawaz nominated to act as a reserve in the game?

“If Nawaz Sharif is the twelfth man in the field of cricket, then where does that leave Zardari sahib?” ...

Published 01 Jan, 2025 03:03am

PCAA making efforts to mitigate shortage of pilots

KARACHI: Pakistan Civil Aviation Authority (PCAA) has partnered with international training organisations to meet ...

Published 01 Jan, 2025 03:03am

Stocks

European stocks clock worst quarterly showing since 2022

FRANKFURT: European stocks recorded their worst quarterly showing in more than two years on Tuesday, as uncertainty...

Published 01 Jan, 2025 03:03am

Stocks

Chinese stocks post first annual gain since 2020

HONG KONG: Chinese stocks registered their first annual gain following an unprecedented three-year decline despite a...

Published 01 Jan, 2025 03:03am

Stocks

Asian FX end dismal 2024 on shaky footing

BENGALURU: Asian currencies were largely muted on the last trading day of the year, but were poised for sharp annual...

Published 01 Jan, 2025 03:03am

Stocks

India’s equity benchmarks muted end to 2024

MUMBAI: Indian benchmark indexes were muted on Tuesday, weighed by a drop in information technology stocks, while...

Published 01 Jan, 2025 03:03am

Stocks

Stocks end on negative note

KARACHI: Pakistan Stock Exchange on Tuesday witnessed mixed trend and after moving in both directions finally closed...

Published 01 Jan, 2025 03:03am

The Weather

KARACHI: The weather report on Tuesday (December 31, 2024) and the forecast for Wednesday (January 01, 2025)...

Published 01 Jan, 2025 03:03am

Rates

Kibor interbank offered rates

KARACHI: Kibor Interbank offered rates on Tuesday (December 31, 2024). ========================== KIBOR...

Published 01 Jan, 2025 03:03am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (December 31, 2024)....

Published 01 Jan, 2025 03:03am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (December 31, 2024). ==================================== BR...

Published 01 Jan, 2025 03:03am

Sale of 15pc stake in Reko Diq: Minister says matters will be finalised soon

ISLAMABAD: Federal Minister for Petroleum Dr Musadik Malik, while talking to media persons, stated that the matters...

Updated 01 Jan, 2025 09:29am

Various items from 7 countries: FBR announces tax concessions on imports

ISLAMABAD: The Federal Board of Revenue (FBR) has announced tariff concessions, from January 2025, on the import of...

Updated 01 Jan, 2025 03:02pm

Power distribution: $200m loan inked with ADB

ISLAMABAD: Pakistan and Asian Development Bank (ADB) signed $200 million loan agreement for power distribution...

Updated 01 Jan, 2025 09:23am

Energy

Alleged 3rd party gas sale: Minster says facts to be shared with media

ISLAMABAD: The petroleum minister has sought detail of alleged third-party sale of gas without a license from the...

Published 01 Jan, 2025 03:03am

Energy

Ogra decreases LPG cylinder prices

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Tuesday decreased the LPG cylinder prices with effect from...

Published 01 Jan, 2025 03:03am

Commodities

Gold prices steady

KARACHI: Gold prices held steady on Tuesday, following the unmoved global market, traded said. Prices of the...

Published 01 Jan, 2025 03:03am

Cotton & Textile

‘2024 marked a significant crisis for cotton industry’

LAHORE: The year 2024 marked a significant crisis for Pakistan’s cotton industry, with production and cultivation...

Published 01 Jan, 2025 03:03am

Commodities

Soy, wheat, corn set for second annual drop despite late gains

PARIS/SINGAPORE: Chicago soybean, wheat and corn futures were set for second straight annual declines on Tuesday as...

Published 01 Jan, 2025 03:03am

Commodities

Iron ore falls on faltering China demand, high portside stocks

BEIJING: Iron ore futures ended 2024 with a drastic decline of more than 15% as faltering demand, thin steel margins...

Published 01 Jan, 2025 03:03am

Commodities

EU wheat posts yearly gain as Russia supply uncertainty grows

PARIS: European wheat futures extended gains on Tuesday to post an annual rise, supported by year-end strength in US...

Published 01 Jan, 2025 03:03am

Commodities

Cocoa and coffee futures set to post strong gains for 2024

LONDON: New York cocoa futures traded lower on Tuesday but were set to be the strongest performing commodity in ...

Published 01 Jan, 2025 03:03am

Commodities

Copper slips but heads for second straight annual rise

LONDON: Copper prices fell on Tuesday but were on track for a second consecutive yearly gain, while the red ...

Published 01 Jan, 2025 03:03am

Energy

Oil prices set for second annual loss in a row

LONDON: Oil prices were on track to end 2024 with a second consecutive year of losses on Tuesday, but were steady on...

Published 01 Jan, 2025 03:03am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday, (December 31, 2024)...

Published 01 Jan, 2025 03:03am

Cotton & Textile

Spot rate gains Rs300 per maund amid improved activity

LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Tuesday increased the spot rate by Rs 3,00 per...

Published 01 Jan, 2025 03:03am

Rates

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 131,512 tonnes of cargo comprising 95,453 tonnes of import cargo and 36,059...

Published 01 Jan, 2025 03:03am

Commodities

Gold set for brightest year since 2010 on rate cuts, safe-haven demand

NEW YORK: Gold prices were set to end a record-breaking year on a positive note on Tuesday as robust central bank...

Published 01 Jan, 2025 03:03am

Rates

LME official prices

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

Published 01 Jan, 2025 03:03am

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 01 Jan, 2025 03:03am

Forex

Open market rates of foreign currencies

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

Published 01 Jan, 2025 03:03am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Tuesday (December 31, 2024). ======================== Open Bid...

Published 01 Jan, 2025 03:03am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (December 31, 2024)....

Published 01 Jan, 2025 03:03am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (December 31, 2024)...

Published 01 Jan, 2025 03:03am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Tuesday (December 31, 2024). ======================================= Offset...

Published 01 Jan, 2025 03:03am

Nepra irked by lack of studies on changing demand patterns

Says financial impact of partial load has significantly increased by Rs 9 billion due to the change in demand

Updated 01 Jan, 2025 03:03pm

Nepra spells out factors aggravating power sector woes

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has said that excess generation capacity, persistent...

Updated 01 Jan, 2025 03:02pm

Aurangzeb says hopes ‘Uraan Pakistan’ programme to help end reliance on IMF lending

ISLAMABAD: Finance Minister Muhammad Aurangzeb ha said that the home-grown economic plan “Uraan Pakistan” will take...

Updated 01 Jan, 2025 03:04pm

Economic plan launched: A mandate for a new approach

ISLAMABAD: In order to improve the economic conditions, Prime Minister Shehbaz Sharif has launched an ‘Uraan...

Updated 01 Jan, 2025 03:03pm

FBR misses Dec revenue target

ISLAMABAD: The Federal Board of Revenue has failed to achieve its monthly tax collection target of December 2024....

Updated 01 Jan, 2025 03:05pm

SBP chief, finance minister take stock of situation

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting with Jameel Ahmad,...

Published 01 Jan, 2025 03:03am

NHA hikes toll taxes to achieve Rs102bn revenue target

ISLAMABAD: The National Highways Authority (NHA) has increased toll taxes significantly for the third time in the...

Updated 01 Jan, 2025 03:27pm

Feb general polls ‘largely flawed’: PILDAT report

ISLAMABAD: The 8 February 2024 general elections were “largely flawed” that served to fracture popular mandate — pre...

Updated 01 Jan, 2025 09:24am

Speedy disposal of cases: Amendments to CPC, CrPC proposed by SC

ISLAMABAD: In a bid to ensure speedy disposal of cases pending in different courts due to repeated adjournments – a...

Updated 01 Jan, 2025 09:29am

Hike in petrol, diesel prices on New Year’s eve

ISLAMABAD: Federal government on Tuesday announced increase in the prices of petroleum products up to Rs 2.96 per...

Published 01 Jan, 2025 03:03am

Anti-competitive practices: CCP levies Rs275m penalties on firms in 2024

ISLAMABAD: In a significant crackdown on anti-competitive practices, the Competition Commission of Pakistan (CCP) ...

Published 01 Jan, 2025 03:03am

LDA achieves record revenue generation from auctions

LAHORE: The Lahore Development Authority (LDA) has achieved record revenue generation from auctions, surpassing the...

Published 01 Jan, 2025 03:03am

Companies

PTA, Huawei Pakistan sign MoU

ISLAMABAD: Pakistan Telecommunication Authority (PTA) and Huawei Pakistan have signed a memorandum of understanding...

Published 01 Jan, 2025 03:03am

Industry

Potential areas of improvement: SECP issues consultation paper

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a consultation paper on potential...

Published 01 Jan, 2025 03:03am

Industry

Rafique Suleman made FPCCI panel convener

KARACHI: The President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Atif Ikram Sheikh,...

Published 01 Jan, 2025 03:03am

Money & Banking

Financial and agricultural support to farmers: HBL Microfinance Bank teams up with HBL Zarai Services

ISLAMABAD: HBL Microfinance Bank (HBL MfB), Pakistan’s leading microfinance bank, and HBL Zarai Services Limited...

Published 01 Jan, 2025 03:03am

Taxes

Cocoa powder importers fail to claim exemption

LAHORE: The importers of Cocoa Powder have failed to claim exemption under two different notifications...

Published 01 Jan, 2025 03:03am

Taxes

ATIR refers case to FBR chief against assessing officers

ISLAMABAD: Appellate Tribunal Inland Revenue (ATIR) in a landmark decision has referred a case to the chairman,...

Published 01 Jan, 2025 03:03am

Industry

LCCI endorses ‘Uraan Pakistan’ programme

LAHORE: The Lahore Chamber of Commerce & Industry has strongly endorsed the Uraan Pakistan program under ...

Published 01 Jan, 2025 03:03am

Taxes

Erstwhile tribal areas: PALSP urges govt to withdraw ‘unfair’ tax exemption

ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) has urged upon the government to withdraw ...

Published 01 Jan, 2025 03:03am

Children in conflict zones

EDITORIAL: More than ever armed conflicts are affecting children around the world, reaching devastating and likely...

Published 01 Jan, 2025 03:03am

Elite to be brought into the tax net

EDITORIAL: Federal Finance Minister Muhammad Aurangzeb while talking to the media persons during his meeting with...

Published 01 Jan, 2025 03:03am

Money & Banking

Dollar dominates on cautious Fed

NEW YORK: The US dollar was on track to post an annual gain against almost all major currencies on Tuesday, while ...

Published 01 Jan, 2025 03:03am

Drugmakers to raise US prices on over 250 medicines starting Jan 1

NEW YORK: Drugmakers plan to raise US prices on at least 250 branded medications including Pfizer COVID-19 treatment...

Published 01 Jan, 2025 03:03am

Companies

GDEIB awards announced: Jazz declared ‘Most Inclusive Company of the Year’

ISLAMABAD: HR Metrics conducts GDEIB awards on annual basis through a merit-based process in which organizations are...

Published 01 Jan, 2025 03:03am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 3	278.63
USD PKR Interbank Buying / Jan 3	27,843
USD to Japanese Yen / Jan 3	157.26
USD to Swiss Franc / Jan 3	0.91
Pound Sterling to USD / Jan 3	1.24
Euro to USD / Jan 3	1.03

Stock	Volume
S&P 500 / Jan 3	5,942.47
India Sensex / Jan 3	79,223.11
Tokyo Nikkei / Jan 3	39,894.54
Nasdaq / Jan 3	19,621.68
Hang Seng / Jan 3	19,760.27
FTSE 100 / Jan 3	8,223.98
Dow Jones / Jan 3	42,732.13
Germany DAX 30 / Jan 3	19,906.08

Item	Value
Crude Oil USD/Barrel / Jan 3	73.96
Gold 10 Grams PKR / Jan 3	243,488.40
Gold Spot USD/Ounce / Jan 3	2,640.22
Cotton US¢/pound / Jan 3	67.66
Karachi Cotton PKR/37.32 KG / Jan 4	18,285
Petrol/Litre / Jan 5	252.66

Gainers
Losers
Leaders

Stock	Price
Tri-Star Power / Jan 3 Tri-Star Power Limited(TSPL)	6.87 ▲ 1.00 (17.04%)
Dewan Textile / Jan 3 Dewan Textile Mills Limited(DWTM)	7.50 ▲ 0.70 (10.29%)
Pak Gulf Leasing / Jan 3 Pak-Gulf Leasing Company Limited(PGLC)	28 ▲ 2.55 (10.02%)
Asim Textile / Jan 3 Asim Textile Mills Limited(ASTM)	14.72 ▲ 1.34 (10.01%)
Bannu Woollen / Jan 3 Bannu Woollen Mills Limited(BNWM)	39.34 ▲ 3.58 (10.01%)
Ali Asghar / Jan 3 Ali Asghar Textile Mills Limited(AATM)	87.12 ▲ 7.92 (10.00%)
AL-Ghazi Tractors / Jan 3 Al-Ghazi Tractors Limited(AGTL)	692.63 ▲ 62.97 (10.00%)
Arpak Int. / Jan 3 Arpak International Investments Ltd.(ARPAK)	76.89 ▲ 6.99 (10.00%)
Chakwal Spinning / Jan 3 Chakwal Spinning Mills Limited(CWSM)	79.30 ▲ 7.21 (10.00%)

Stock	Price
Khairpur Sug. / Jan 3 Khairpur Sugar Mills Limited(KPUS)	165.85 ▼ -18.43 (-10.00%)
Pak Paper Prod / Jan 3 Pakistan Paper Products Limited(PPP)	163.24 ▼ -18.14 (-10.00%)
Jubilee Spinning / Jan 3 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▼ -1.19 (-9.92%)
National Silk / Jan 3 The National Silk & Rayon Mills Limited(NSRM)	49.96 ▼ -5.48 (-9.88%)
Al-Khair Gadoon / Jan 3 Al-Khair Gadoon Limited(AKGL)	37.50 ▼ -3.95 (-9.53%)
Escorts Bank / Jan 3 Escorts Investment Bank Limited(ESBL)	6.22 ▼ -0.63 (-9.20%)
Intermarket Securities / Jan 3 Intermarket Securities Limited(IMS)	67.01 ▼ -6.76 (-9.16%)
Premium Textile / Jan 3 Premium Textile Mills Limited(PRET)	365.10 ▼ -34.90 (-8.72%)
Shahzad Tex. / Jan 3 Shahzad Textile Mills Limited(SZTM)	27.30 ▼ -2.57 (-8.60%)

Stock	Volume
Fauji Foods Ltd / Jan 3 Fauji Foods Limited(FFL)	89,478,727 ▲ 0.26
WorldCall Telecom / Jan 3 Worldcall Telecom Limited(WTL)	72,529,816 ▼ -0.06
Telecard Limited / Jan 3 Telecard Limited(TELE)	61,073,411 ▼ -0.38
Cnergyico PK / Jan 3 Cnergyico PK Limited(CNERGY)	56,752,893 ▲ 0.01
Fauji Cement / Jan 3 Fauji Cement Company Limited(FCCL)	54,319,935 ▼ -2.12
Pace (Pak) Ltd. / Jan 3 Pace (Pakistan) Limited(PACE)	47,336,133 ▲ 0.00
K-Electric Ltd. / Jan 3 K-Electric Limited(KEL)	47,012,733 ▼ -0.21
B.O.Punjab / Jan 3 The Bank of Punjab(BOP)	37,387,280 ▲ 0.11
Bank Makramah / Jan 3 Bank Makramah Limited(BML)	34,237,257 ▲ 0.25

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