News Archives for Print - 2025-01-06

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Print - 2025-01-06

MAGA civil war sparks fears of chaotic Trump White House

WASHINGTON: With Donald Trump’s allies in open warfare ahead of his inauguration, analysts see the latest...

Published 06 Jan, 2025 05:47am

Player retentions for HBL-PSL 2025 announced

LAHORE: The six HBL PSL franchises have announced their retentions ahead of the HBL PSL 2025 Players’ Draft which...

Published 06 Jan, 2025 05:47am

More than 4000 runners participate in Karachi Marathon

KARACHI: The Karachi Marathon 2025, a certified annual marathon event in Pakistan, successfully concluded with an...

Published 06 Jan, 2025 05:47am

Africa

Rebels seize key town in eastern Congo

KINSHASA: Rwanda-backed M23 rebels have seized a strategic eastern town near the provincial capital Goma in...

Published 06 Jan, 2025 05:47am

Europe

Musk says Farage should step down as leader of Reform UK

LONDON: US billionaire Elon Musk said on Sunday that Nigel Farage should step down as the leader of Britain’s...

Published 06 Jan, 2025 05:47am

Europe

Austrian conservatives pick interim leader after chancellor quits

VIENNA: Austria’s ruling conservatives picked Secretary-General Christian Stocker as interim successor to...

Published 06 Jan, 2025 05:47am

USA

Massive storm slams US with snow, ice, bitter cold

WASHINGTON: A powerful winter storm hammered the United States on Sunday, with meteorologists warning millions in ...

Published 06 Jan, 2025 05:47am

South Asia

India press watchdog demands journalist murder probe

NEW DELHI: India’s media watchdog has demanded a thorough investigation after a journalist’s battered body was...

Published 06 Jan, 2025 05:47am

Middle East

Gaza truce talks resume as violence shows no let-up

GAZA STRIP, Palestinian Territories: Israel confirmed on Saturday that negotiations for a Gaza ceasefire and hostage...

Published 06 Jan, 2025 05:47am

Meeting discusses improvements in college education system

HYDERABAD: The 30th meeting of the Board of Governors for Law Colleges affiliated with Shah Abdul Latif University...

Published 06 Jan, 2025 05:47am

CM condemns Turbat blast

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif strongly concerned a bomb blast in Turbat, and paid a rich tribute...

Published 06 Jan, 2025 05:47am

Drugs seized in Khyber district

PESHAWAR: The police have claimed to have separately seized 15 kilogram of hashish and approximately 500 drug ...

Published 06 Jan, 2025 05:47am

PU appoints Dr Shabbir as Director Sports

LAHORE: Dr. Shabbir Sarwar has assumed the charge of the office of Punjab University Director Sports with the...

Published 06 Jan, 2025 05:47am

The Weather

KARACHI: The weather report on Sunday (January 05, 2025) and the forecast for Monday (January 06, 2025)....

Published 06 Jan, 2025 05:47am

Rates

KSE-100 index at highest level amid bullish trend

KARACHI: Pakistan Stock Exchange witnessed bullish trend and hit new highest ever levels with healthy gains during...

Published 06 Jan, 2025 05:47am

Rates

Futures spread up 17.26pc

KARACHI: The futures spread increased by 623bps to 17.26 percent on the last day of the outgoing week. Trading...

Published 06 Jan, 2025 05:47am

Rates

Marginal decrease

KARACHI: Rupee decreased marginally against the US dollar during the previous week as it lost Re0.09 or 0.3% in the...

Published 06 Jan, 2025 05:47am

Over 75pc of Pak women suffer from calcium deficiency

KARACHI: Over 75 percent of Pakistani women suffer from calcium deficiency due to poor dietary habits and...

Published 06 Jan, 2025 05:47am

Flood-affected women: SCF distributes cash transfers for livelihood recovery

HYDERABAD: The Sindh Community Foundation (SCF), with support from Solidar Suisse, has launched an initiative to...

Published 06 Jan, 2025 05:47am

Kashmir ‘Right to self-determination day’ marked

ISLAMABAD: The resolution of Kashmir issue through a plebiscite in line with the United Nations resolutions is...

Published 06 Jan, 2025 05:47am

PIC performs over 2,000 heart surgeries in 2024

PESHAWAR: Peshawar Institute of Cardiology (PIC), the only dedicated cardiac hospital in Khyber Pakhtunkhwa ...

Published 06 Jan, 2025 05:47am

KP governor, others pay rich tributes to ZAB

PESHAWAR: Governor Khyber Pakhtunkhwa, Faisal Karim Kundi and Chairperson Benazir Income Support Programme (BISP)...

Published 06 Jan, 2025 05:47am

Energy

LESCO collects Rs6m from 97 defaulters

LAHORE: Lahore Electric Supply Company (LESCO) has recovered Rs6.005 million from 97 defaulters in all the five...

Published 06 Jan, 2025 05:47am

CM Punjab pays rich tributes to Kashmiri martyrs

LAHORE: Right to Self-Determination Day is a day to salute the struggle for freedom of the oppressed Kashmiris, said...

Published 06 Jan, 2025 05:47am

PTI body formulates strategy to check corruption

ISLAMABAD: The Internal Accountability Committee (IAC) of the Pakistan Tehreek-e-Insaf (PTI) has formulated the...

Published 06 Jan, 2025 05:47am

Life-saving role during Hajj 2024: Pakistani nominated for prestigious Indian Civil Award

ISLAMABAD: In an exemplary display of humanity and bravery, a Pakistani national Asif Bashir has been nominated for ...

Published 06 Jan, 2025 05:47am

Companies

Hashoo Group opens PC Legacy in Skardu Valley

SKARDU: The Pearl-Continental Hospitality Division of Hashoo Group, one of Asia’s leading hospitality service...

Published 06 Jan, 2025 05:47am

Sindh minister pays homage to ZAB on birth anniversary

KARACHI: Provincial Minister of Energy and Planning Syed Nasir Hussain Shah has said that the Supreme Court has...

Published 06 Jan, 2025 05:47am

Stray dogs at JIAP: DG PPA orders action

KARACHI: The Director General of Pakistan Airports Authority (PAA), Air Vice Marshal Zeeshan Saeed, called an urgent...

Published 06 Jan, 2025 05:47am

VC GCU reviews Samundri sub-campus ongoing projects

FAISALABAD: The Vice Chancellor of Government College University Faisalabad (GCUF), Professor Dr. Rauf-I-Azam,...

Published 06 Jan, 2025 05:47am

PDP demands govt remove corrupt officers of BIEK

KARACHI: Expressing serious concern over result tempering scam in Board of Intermediate Education Karachi (BIEK),...

Published 06 Jan, 2025 05:47am

Poverty statistics are critical

In Pakistan administration after administration errs on the side of data manipulation to show better performance ...

Updated 06 Jan, 2025 06:47am

Uraan Pakistan: if wishes were horses

The Uraan Pakistan seems more like a wish list than a practical roadmap, listing ambitious growth targets without...

Updated 06 Jan, 2025 06:48am

Letters

‘Uraan Pakistan’: another dose of misplaced optimism?

According to a report carried by Business Recorder yesterday, Federal Minister for Planning, Development and Special...

Published 06 Jan, 2025 05:47am

KP govt releases Rs79,584m for uplift projects

PESHAWAR: Advisor to the Chief Minister Khyber Pakhtunkhwa for Finance and Inter-Provincial Coordination Muzammil...

Updated 06 Jan, 2025 09:29am

Industry

Railways official apprised about issues facing KP traders

PESHAWAR: Chairman Standing Committee of Sarhad Chamber of Commerce on Railways and Dryport, Zia-ul-Haq Sarhadi...

Published 06 Jan, 2025 05:47am

Uraan Pakistan to lead country towards progress: Ahsan

NAROWAL: Minister for Planning and Development Ahsan Iqbal says ‘Uraan Pakistan’ Program will lead the country...

Updated 06 Jan, 2025 09:06am

Stocks

Wall Street Week Ahead: US jobs report poses first big stocks test of 2025

NEW YORK: The stock market faces its first major test of the year in the coming week, with investors counting on the...

Published 06 Jan, 2025 05:47am

Stocks

Saudi bourse falls on profit taking

DUBAI: Saudi Arabia’s stock market closed lower on Sunday, ending five sessions of gains as investors booked...

Published 06 Jan, 2025 05:47am

Stocks

Sri Lanka shares snap 26-day winning streak

COLOMBO: Sri Lankan shares closed lower on Friday as losses in IT and real estate stocks overpowered gains in energy...

Published 06 Jan, 2025 05:47am

Rates

Automart: car prices in Karachi

Rates in the week ended Sunday January 05, 2025

Published 06 Jan, 2025 05:47am

H1 textile exports grow 10pc YoY

Current fiscal year shows a 3% decline in exports compared to FY22

Updated 06 Jan, 2025 03:12pm

KE stunned as its five projects remain out of IGCEP

ISLAMABAD: K-Electric (KE) is reportedly in shock over reports indicating that its five renewable energy projects...

Updated 06 Jan, 2025 03:16pm

Deadline of CM Punjab’s solar panel scheme ends

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif launched free Solar Panel Scheme to provide permanent relief to...

Updated 06 Jan, 2025 04:34pm

190m pounds case: AC again defers verdict against IK, Bushra

ISLAMABAD: The announcement of court verdict in 190 million pounds case against Pakistan Tehreek-e-Insaf (PTI)...

Updated 06 Jan, 2025 09:02am

PPP says govt cannot last without its support

ISLAMABAD: What appears to be a tough warning, Pakistan Peoples Party (PPP) has threatened that the federal...

Updated 06 Jan, 2025 03:18pm

Unrecognised educational institutions: FTO to file report to president on tax affairs

ISLAMABAD: The Federal Tax Ombudsman (FTO) will file a comprehensive report to President of Pakistan on a reference...

Updated 06 Jan, 2025 03:17pm

China seeks to bolster ports, aviation hubs in western regions

BEIJING: China said on Sunday it would launch 15 measures to bolster the development of its western provinces with...

Published 06 Jan, 2025 05:47am

Pakistan, UAE resolve to foster cooperation in priority sectors

ISLAMABAD: Prime Minister Shehbaz Sharif Sunday met with Sheikh Mohammed bin Zayed Al Nahyan, President of the ...

Published 06 Jan, 2025 05:47am

Taxes

Vehicle tax deadline extended

ISLAMABAD: The Islamabad Excise and Taxation Department has extended the deadline for vehicle token tax payments by...

Published 06 Jan, 2025 05:47am

Energy sector

EDITORIAL: The energy crisis in the country continues to remain a challenge with no end in sight. At its core, the...

Updated 06 Jan, 2025 06:41am

De-dollarisation: myth or reality?

EDITORIAL: It is interesting, and indeed very instructive, that 2024 ended with fresh debate about the...

Updated 06 Jan, 2025 06:44am

Prices of essential food items show mixed trend

PESHAWAR: Mixed trend in prices of essential food commodities, like live chicken/meat, vegetables, pulses, flour and...

Updated 06 Jan, 2025 09:04am

Cotton & Textile

Weekly Cotton Review: Prices climb amid limited trade activity

KARACHI: The rapid increase in cotton prices in the country gave a severe blow to the cotton industry. Cotton prices...

Published 06 Jan, 2025 05:47am

Money & Banking

Sterling tries to rebound against relentless dollar

LONDON: Sterling struggled to rebound against the dollar on Friday and was on track for its worst week since...

Published 06 Jan, 2025 05:47am

Money & Banking

Indian rupee logs 9th straight week of losses

MUMBAI: The Indian rupee ended at a record closing low on Friday, pressured by a decline in the Chinese yuan, and...

Published 06 Jan, 2025 05:47am

Companies

Foxconn beats estimates with record fourth-quarter revenue on AI demand

TAIPEI: Taiwan’s Foxconn, the world’s largest contract electronics maker, beat expectations to post its...

Published 06 Jan, 2025 05:47am

FBR voices concern over disparities in tax compliance

ISLAMABAD: The Federal Board of Revenue (FBR) has expressed serious concern over significant disparities in tax...

Updated 06 Jan, 2025 09:30am

FBR makes commitment of open dialogue with stakeholders

ISLAMABAD: Rashid Mahmood Chairman FBR/ Secretary Revenue Division has taken a major decision to restore trust of...

Updated 06 Jan, 2025 03:12pm

Industry

SCCI, E&T dept to form body for resolution of property tax issues

PESHAWAR: Business community and officials of the KP Excise, Taxation and Narcotics Control Department have decided...

Published 06 Jan, 2025 05:47am

Industry

Honeybee cluster uplift: SMEDA to prepare road map

PESHAWAR: The Small and Medium Enterprises Development Authority (Smeda) has initiated a comprehensive research ...

Published 06 Jan, 2025 05:47am

Industry

Former VP not satisfied with performance of FPCCI in 2024

PESHAWAR: Chairman Coordination and former Vice President Federation of Pakistan Chambers of Commerce and Industries...

Published 06 Jan, 2025 05:47am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 8	278.78
USD PKR Interbank Buying / Jan 8	278.58
USD to Japanese Yen / Jan 8	158.14
USD to Swiss Franc / Jan 8	0.91
Pound Sterling to USD / Jan 8	1.25
Euro to USD / Jan 8	1.04

Stock	Volume
S&P 500 / Jan 7	5,909.03
Nasdaq / Jan 7	19,489.68
FTSE 100 / Jan 7	8,245.28
Dow Jones / Jan 7	42,528.36
Germany DAX 30 / Jan 7	20,340.57
France CAC40 / Jan 7	7,489.35
India Sensex / Jan 8	77,786.54
Tokyo Nikkei / Jan 8	40,008.25

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 7	18,285
Gold 10 Grams PKR / Jan 7	236,625
Petrol/Litre / Jan 8	252.66
Crude Oil USD/Barrel / Jan 8	74.85
Gold Spot USD/Ounce / Jan 8	2,650.51
Diesel/Litre / Jan 8	258.34

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Jan 8 PICIC Insurance Limited(PIL)	3.21 ▲ 0.32 (11.07%)
JS Bank Ltd / Jan 8 JS Bank Limited(JSBL)	10.41 ▲ 1.00 (10.63%)
Idrees Tex. / Jan 8 Idrees Textile Mills Limited(IDRT)	15.68 ▲ 1.43 (10.04%)
Sec. Inv. Bank / Jan 8 Security Investment Bank Limited(SIBL)	12.38 ▲ 1.13 (10.04%)
Ahmad Hassan / Jan 8 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Asia Ins. / Jan 8 Asia Insurance Company Limited(ASIC)	14.29 ▲ 1.30 (10.01%)
D.M. Textile / Jan 8 D.M. Textile Mills Limited(DMTX)	60.58 ▲ 5.51 (10.01%)
Dawood Lawrencepur / Jan 8 Dawood Lawrencepur Limited(DLL)	296.12 ▲ 26.92 (10.00%)
JDW Sugar / Jan 8 JDW Sugar Mills Limited(JDWS)	904.95 ▲ 82.27 (10.00%)

Stock	Price
JS Mom. Factor ETF / Jan 8 JS Momentum Factor ETF(JSMFETF)	15.15 ▼ -2.18 (-12.58%)
Parmount Sp. / Jan 8 Paramount Spinning Mills Limited(PASM)	4 ▼ -0.50 (-11.11%)
Ali Asghar / Jan 8 Ali Asghar Textile Mills Limited(AATM)	78.82 ▼ -8.76 (-10.00%)
Faisal Sp. / Jan 8 Faisal Spinning Mills Limited(FASM)	292.37 ▼ -32.48 (-10.00%)
Khairpur Sug. / Jan 8 Khairpur Sugar Mills Limited(KPUS)	133.71 ▼ -14.86 (-10.00%)
Liven Pharma / Jan 8 Liven Pharma Limited(LIVEN)	178.53 ▼ -19.84 (-10.00%)
Suhail Jute / Jan 8 Suhail Jute Mills Limited(SUHJ)	156.38 ▼ -17.38 (-10.00%)
Frontier Ceram / Jan 8 Frontier Ceramics Limited(FRCL)	24.23 ▼ -2.69 (-9.99%)
National Silk / Jan 8 The National Silk & Rayon Mills Limited(NSRM)	49.90 ▼ -5.54 (-9.99%)

Stock	Volume
WorldCall Telecom / Jan 8 Worldcall Telecom Limited(WTL)	520,088,624 ▲ 0.09
Cnergyico PK / Jan 8 Cnergyico PK Limited(CNERGY)	76,600,722 ▼ -0.30
K-Electric Ltd. / Jan 8 K-Electric Limited(KEL)	45,707,217 ▼ -0.21
Fauji Foods Ltd / Jan 8 Fauji Foods Limited(FFL)	36,987,542 ▼ -0.41
Sui South Gas / Jan 8 Sui Southern Gas Company Limited(SSGC)	33,354,890 ▲ 2.33
Pak Stock Exchange / Jan 8 Pakistan Stock Exchange Limited(PSX)	27,144,749 ▼ -2.85
Pak Refinery / Jan 8 Pakistan Refinery Limited(PRL)	24,452,864 ▼ -2.53
B.O.Punjab / Jan 8 The Bank of Punjab(BOP)	22,768,455 ▼ -0.23
Pak Elektron / Jan 8 Pak Elektron Limited(PAEL)	20,370,180 ▼ -0.42

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