News Archives for Print - 2025-01-12

Print - 2025-01-12

UK treasurer says London ‘natural home’ for Chinese finance

BEIJING: British treasurer Rachel Reeves said Saturday that London was a “natural home” for Chinese finance...

Published 12 Jan, 2025 02:44am

MoITT yet to finalise AI policy

ISLAMABAD: The Ministry of Information Technology and Telecommunication has yet to finalise the National Artificial...

Published 12 Jan, 2025 02:44am

Pakistan names 15-member squad for West Indies Tests

LAHORE: The Pakistan Cricket Board on Saturday announced a 15-member squad for the two ICC World Test Championship...

Published 12 Jan, 2025 02:44am

NA, Senate sessions summoned

ISLAMABAD: President Asif Ali Zardari has summoned sessions of the National Assembly and Senate, scheduled for...

Published 12 Jan, 2025 02:44am

PMD dismisses rumours of ‘severe’ cold wave

KARACHI: The Pakistan Meteorological Department (PMD) has issued a clarification denying rumors circulating on ...

Published 12 Jan, 2025 02:44am

Taxes

Glass refills for vacuum flacks: New customs values fixed

ISLAMABAD: The Directorate General of Customs Valuation Karachi has issued new customs values on the import of glass...

Published 12 Jan, 2025 02:44am

Islamabad crime scene: 55 new cases registered

ISLAMABAD: Criminals looted cash and valuables worth millions of rupees in over 55 incidents of robbery, dacoity,...

Published 12 Jan, 2025 02:44am

PM has ‘redefined’ Pakistan’s identity: Azma

LAHORE: Punjab Information Minister Azma Bokhari has said that PM Shahbaz Sharif has given Pakistan a new ...

Published 12 Jan, 2025 02:44am

Refund claim: LHC dismisses Lesco’s appeal

LAHORE: To consider grounds for the factual determination of the amount claimed for refund in income tax returns is...

Published 12 Jan, 2025 02:44am

Bangladesh simplifies visa process for Pakistanis

LAHORE: The government in Bangladesh has simplified visa process for Pakistanis with an objective to further...

Published 12 Jan, 2025 02:44am

IK approaches LHC for post-arrest bail

LAHORE: Former PTI Chairman Imran Khan on Saturday approached the Lahore High Court (LHC) for post-arrest bail in...

Published 12 Jan, 2025 02:44am

Opening of Tajikistan visa section greeted

KARACHI: The Convener of the Energy Standing Committee of the Federation of Pakistan Chambers of Commerce and...

Published 12 Jan, 2025 02:44am

Significant investment coming into port, shipping sector: minister

KARACHI: Federal Minister for Maritime Affairs Qaiser Ahmed Sheikh on Saturday said that significant foreign...

Published 12 Jan, 2025 02:44am

Global economy: China anchor of stability

Amid numerous challenges faced by the global economy, China, as the world’s second-largest economy, continues to...

Published 12 Jan, 2025 02:44am

Letters

Was it a ‘friendly fire’ or ‘hostile fire’ incident?

What Iran, Hezbollah, and Hamas couldn’t do the Houthis have done successfully: challenge the growing aggression...

Published 12 Jan, 2025 02:44am

Delegation from DP World, UAE visits under SIFC platform

ISLAMABAD: A high-level delegation from DP World (UAE), led by Sultan Ahmed bin Sulayem, Group CEO of DP World and...

Published 12 Jan, 2025 02:44am

Energy

OGRA begins operation against sale of adulterated LPG in market

ISLAMABAD: Thousands of lives are at risk due to the sale of adulterated Liquefied Petroleum Gas (LPG) in the ...

Published 12 Jan, 2025 02:44am

Minister says govt committed to maximising indigenous production of edible oil

KARACHI: Federal Minister for Industries and Production, Rana Tanveer Hussain, said that the government is committed...

Published 12 Jan, 2025 02:44am

Energy

US natural gas prices soar to two-year high on colder forecasts

NEW YORK: US natural gas futures soared about 8% to a two-year high on Friday on forecasts for colder weather and...

Published 12 Jan, 2025 02:44am

Energy

Oil prices rally as US hits Russian oil with tougher sanctions

NEW YORK: Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply...

Published 12 Jan, 2025 02:44am

Commodities

Corn, soybeans steady before USDA data

BEIJING/PARIS: Chicago soybean and corn prices edged up on Friday as traders adjusted positions ahead of a clutch of...

Published 12 Jan, 2025 02:44am

Commodities

Copper hits highest in nearly a month on China demand

LONDON: Benchmark copper prices touched the highest level in nearly a month on Friday, propelled by firmer demand in...

Published 12 Jan, 2025 02:44am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (January 11, 2025)...

Published 12 Jan, 2025 02:44am

Cotton & Textile

Modest trading on cotton market

LAHORE: The local cotton market on Saturday remained tight and the trading volume remained moderate. Cotton ...

Published 12 Jan, 2025 02:44am

Commodities

‘Patria trims Brazil 2024/2025 soy crop forecast on weather’

SAO PAULO: Brazilian agribusiness consultancies shared contrasting views on Friday as they released fresh estimates...

Published 12 Jan, 2025 02:44am

Commodities

EU wheat eases to three-week low

PARIS: Euronext wheat edged down on Friday to a three-week low as export competition hung over the market, despite...

Published 12 Jan, 2025 02:44am

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 23.436 ...

Published 12 Jan, 2025 02:44am

The Weather

KARACHI: The weather report on Saturday (January 11, 2025) and the forecast for Sunday (January 12, 2025)...

Published 12 Jan, 2025 02:44am

NA Secretariat seeks PSDP proposals from ministries

ISLAMABAD: The National Assembly Secretariat has directed Ministries and Divisions to submit their proposals for the...

Published 12 Jan, 2025 02:44am

Zardari likely to visit China next month

ISLAMABAD: President Asif Ali Zardari is expected to visit China on February 6-7, 2025 during which approximately ...

Published 12 Jan, 2025 02:44am

Aurangzeb leaves for Hong Kong

ISLAMABAD: The Federal Minister for Finance, Senator Muhammad Aurangzeb, on Saturday, left for Hong Kong to...

Published 12 Jan, 2025 02:44am

High quality CPEC 2.0 development: Pakistan and China reaffirm commitment

ISLAMABAD: Pakistan and China have reaffirmed their commitment to the high quality development of CPEC 2.0, with its...

Published 12 Jan, 2025 02:44am

No law or policy can be described as discriminatory without substantiation: SC

ISLAMABAD: The Supreme Court held that it would not be enough to say that a piece of legislation or a policy...

Published 12 Jan, 2025 02:44am

Muslim World League’s SG for countering misconceptions regarding girls’ education in Islam

ISLAMABAD: Secretary General of Muslim World League (MWL) Muhammad Bin Abdul Karim Al-Issa on Saturday stressed the...

Published 12 Jan, 2025 02:44am

Malala takes centre stage at girls moot

ISLAMABAD: As Afghanistan chose to stay away from International Girls Conference, Nobel Peace Prize laureate Malala...

Published 12 Jan, 2025 02:44am

PM says country falls short in female literacy

ISLAMABAD: Prime Minister Shehbaz Sharif has pointed out that alarmingly over 22.8 million children between the age...

Published 12 Jan, 2025 02:44am

FCAS to contribute in uplifting economy: PM

ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday said that the faceless customs assessment system (FCAS) would...

Published 12 Jan, 2025 02:44am

1st phase of ZAB expressway opened: Bilawal for uplifting Karachi infrastructure

KARACHI: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari has said that the development of Karachi is...

Published 12 Jan, 2025 02:44am

12 dead in trailer-bus collision on Indus Highway

PESHAWAR: At least 12 people including a woman and children died and 25 other injured in a collision between a...

Published 12 Jan, 2025 02:44am

Taxes

Tax dept’s ‘coercive’ measures against SOEs challenged

LAHORE: A State-Owned Enterprise (SOE) has challenged a blatant disregard for the law by the tax department for...

Published 12 Jan, 2025 02:44am

Industry

‘SME sector must be made integral part of supply chain’

FAISALABAD: The SME sector must be made an integral part of the global supply chain to make it competitive and...

Published 12 Jan, 2025 02:44am

Commodities

Gold prices sharply up

KARACHI: Gold prices continued their uptrend on Saturday as global market hovered close to $2, 700 per ounce, ...

Published 12 Jan, 2025 02:44am

Analyst describes SMEs as principal participants in overall economy

KARACHI: The SMEs with a largest size of 82 percent of our total economy are said to be the main participants of the...

Published 12 Jan, 2025 02:44am

Global food prices since the pandemic

EDITORIAL: Ordinarily a 2.1pc dip in world food commodity prices over the course of a year, as was the case in 2024...

Published 12 Jan, 2025 02:44am

Outsourcing of BHUs

EDITORIAL: The Punjab government’s decision to outsource 150 underutilised basic health units (BHUs) across the...

Published 12 Jan, 2025 02:44am

Seasonal fruits: Customs values again revised

ISLAMABAD: The Directorate General of Customs Valuation Karachi has again revised the customs/export values of...

Published 12 Jan, 2025 02:44am

Prices of essential kitchen items show declining trend

ISLAMABAD: The prices of the essential kitchen items have witnessed a decreasing trend during this week past against...

Published 12 Jan, 2025 02:44am

Commodities

India’s rice stocks hit record high, wheat reserves deplete

MUMBAI: India’s rice stocks hit a record high at the start of January, reaching eight times the government’s...

Published 12 Jan, 2025 02:44am

Commodities

Malaysian palm oil surges

KUALA LUMPUR: Malaysian palm oil futures ended more than 2% higher on Friday, bouncing back to log a weekly gain,...

Published 12 Jan, 2025 02:44am

Commodities

Iron ore futures rise on soft demand, but China stimulus limits fall

SINGAPORE: Iron ore futures edged up on Friday, aided by stimulus expansion from top-consumer China, but were poised...

Published 12 Jan, 2025 02:44am

Commodities

Gold rebounds on Trump policy uncertainty despite robust US jobs data

NEW YORK: Gold prices rebounded on Friday as uncertainty surrounding the incoming Trump administration’s policies...

Published 12 Jan, 2025 02:44am

Commodities

Euronext wheat rebounds as USDA data sparks grain rally

PARIS: Euronext wheat rebounded in late trading on Friday as US government crop estimates triggered a broad rally in...

Published 12 Jan, 2025 02:44am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 10	278.78
USD PKR Interbank Buying / Jan 10	278.58
USD to Japanese Yen / Jan 10	157.84
USD to Swiss Franc / Jan 10	0.92
Pound Sterling to USD / Jan 10	1.22
Euro to USD / Jan 10	1.02

Stock	Volume
S&P 500 / Jan 10	5,824.15
India Sensex / Jan 10	77,378.91
Tokyo Nikkei / Jan 10	39,100.40
Nasdaq / Jan 10	19,146.19
Hang Seng / Jan 10	19,064.29
FTSE 100 / Jan 10	8,248.49
Dow Jones / Jan 10	41,910.26
Germany DAX 30 / Jan 10	20,214.79

Item	Value
Gold 10 Grams PKR / Jan 9	237,483
Crude Oil USD/Barrel / Jan 10	76.56
Karachi Cotton PKR/37.32 KG / Jan 10	18,785
Gold Spot USD/Ounce / Jan 10	2,716.80
Cotton US¢/pound / Jan 10	67.01
Petrol/Litre / Jan 12	252.66

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 10 Chenab Limited(CHBL)	8.34 ▲ 1.00 (13.62%)
Pak Gen.Ins. / Jan 10 The Pakistan General Insurance Co. Ltd.(PKGI)	8.67 ▲ 0.89 (11.44%)
Tariq Corp.Pref. / Jan 10 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.76 ▲ 0.88 (11.17%)
Ist.Capital Sec / Jan 10 First Capital Securities Corporation(FCSC)	2.22 ▲ 0.22 (11.00%)
Sakrand Sugar / Jan 10 Sakrand Sugar Mills Limited(SKRS)	12.27 ▲ 1.12 (10.04%)
Dadex Eternit / Jan 10 Dadex Eternit Limited(DADX)	70.40 ▲ 6.40 (10.00%)
D.M. Textile / Jan 10 D.M. Textile Mills Limited(DMTX)	70.54 ▲ 6.41 (10.00%)
Khairpur Sug. / Jan 10 Khairpur Sugar Mills Limited(KPUS)	137.50 ▲ 12.50 (10.00%)
Mehmood Tex / Jan 10 Mehmood Textile Mills Limited(MEHT)	658.91 ▲ 59.90 (10.00%)

Stock	Price
First Capital Equities / Jan 10 First Capital Equities Limited(FCEL)	5.52 ▼ -0.67 (-10.82%)
S.G.Power / Jan 10 S.G. Power Limited(SGPL)	8.47 ▼ -1.00 (-10.56%)
JS Mom. Factor ETF / Jan 10 JS Momentum Factor ETF(JSMFETF)	13.42 ▼ -1.58 (-10.53%)
Liven Pharma / Jan 10 Liven Pharma Limited(LIVEN)	144.61 ▼ -16.07 (-10.00%)
Olympia Mills / Jan 10 Olympia Mills Limited(OML)	32.40 ▼ -3.60 (-10.00%)
Suhail Jute / Jan 10 Suhail Jute Mills Limited(SUHJ)	126.67 ▼ -14.07 (-10.00%)
Ali Asghar / Jan 10 Ali Asghar Textile Mills Limited(AATM)	63.85 ▼ -7.09 (-9.99%)
Blue-Ex Ltd / Jan 10 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Aisha Steel(ConPS) / Jan 10 Aisha Steel(ConPS)(ASLPS)	11 ▼ -1.20 (-9.84%)

Stock	Volume
WorldCall Telecom / Jan 10 Worldcall Telecom Limited(WTL)	195,296,323 ▼ -0.06
K-Electric Ltd. / Jan 10 K-Electric Limited(KEL)	48,682,503 ▼ -0.01
Cnergyico PK / Jan 10 Cnergyico PK Limited(CNERGY)	35,460,848 ▲ 0.06
Fauji Foods Ltd / Jan 10 Fauji Foods Limited(FFL)	31,825,296 ▲ 0.77
Pace (Pak) Ltd. / Jan 10 Pace (Pakistan) Limited(PACE)	23,629,459 ▲ 0.34
Pak Elektron / Jan 10 Pak Elektron Limited(PAEL)	23,144,464 ▲ 1.09
Lotte Chemical / Jan 10 Lotte Chemical Pakistan Limited(LOTCHEM)	19,944,268 ▼ -0.24
Air Link Com. / Jan 10 Air Link Communication Limited(AIRLINK)	15,918,682 ▼ -5.65
B.O.Punjab / Jan 10 The Bank of Punjab(BOP)	15,645,082 ▲ 0.01

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular