News Archives for Print - 2025-01-30

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Print - 2025-01-30

USA

Trump says US will detain migrants in Guantanamo

WASHINGTON: US President Donald Trump said Wednesday he planned to detain “criminal illegal aliens” at the...

Published 30 Jan, 2025 07:51am

PTI to hold public gathering at Minar-e-Pakistan

LAHORE: To observe ‘black day’, the Pakistan Tehreek-e-Insaf (PTI) has decided to hold a public gathering at...

Published 30 Jan, 2025 07:49am

Industry

PATDC & SCE: TDAP organises awareness session

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

Published 30 Jan, 2025 07:48am

Companies

FFC earns Rs85.5bn consolidated profit in 2024

ISLAMABAD: Fauji Fertilizer Company Limited (FFC) has announced its financial results for the year ended December ...

Published 30 Jan, 2025 07:45am

Maryam to establish ‘Punjab Special Planning Authority’

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif presided over a special meeting regarding housing societies in...

Published 30 Jan, 2025 07:43am

Punjab governor for reconsidering PECA Act

LAHORE: Governor Punjab Sardar Saleem Haider Khan said on Wednesday that the government should reconsider the PECA...

Published 30 Jan, 2025 07:42am

‘Lahore Shopping Festival’ begins on 31st

LAHORE: The Lahore Shopping Festival is set to be start at Lahore Expo Center from January 31st to February 2nd. The...

Published 30 Jan, 2025 07:40am

SDSB at LUMS focuses on successful turnaround of JazzCash

LAHORE: Continuing its efforts towards academia-industry collaboration, the Suleman Dawood School of Business (SDSB)...

Published 30 Jan, 2025 07:39am

Horse & Cattle Show to start on Feb 8

LAHORE: The opening ceremony of the Horse and Cattle Show at Fortress Stadium will take place on February 9 while...

Published 30 Jan, 2025 07:36am

CM for expeditious work on Ring Road project

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif made a surprise visit to the Rawalpindi Ring Road project and...

Published 30 Jan, 2025 07:31am

Rehabilitation of sewerage system: DDWP approves three major schemes of WASA

FAISALABAD: Divisional Development Working Party has approved three major schemes of WASA for rehabilitation of...

Published 30 Jan, 2025 07:30am

CM Punjab condoles death of Saudi Prince

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif expressed deep sorrow and grief over the death of Saudi Prince R E...

Published 30 Jan, 2025 07:28am

Sindh Assembly: opposition raises Sanghar firing issue

KARACHI: Opposition criticised the Sindh government on Wednesday over its handling of ‘Sanghar tragedy’, as the...

Published 30 Jan, 2025 07:26am

Companies

PodVare generates Rs35m revenue in first year

ISLAMABAD: Pakistani Startup PodVare - soundproof meeting pods and workstation provider based out of Karachi - has...

Published 30 Jan, 2025 07:25am

10 leading Turkish varsities feature in ‘Turkish University Fair’

ISLAMABAD: Pak-Turk Maarif International Schools and Colleges, in collaboration with the Turkish Maarif Foundation...

Published 30 Jan, 2025 07:22am

Companies

PPL remains committed to skill enhancement of youth in Sui

KARACHI: As part of its Corporate Social Responsibility (CSR) programme, Pakistan Petroleum Limited (PPL) remains...

Published 30 Jan, 2025 07:19am

Companies

LCI announces Rs6,301m profit after tax in six months

KARACHI: Following the meeting of the Board of Directors, Lucky Core Industries Limited (the ‘Company’) ...

Published 30 Jan, 2025 07:18am

GHQ attack case: ATC rejects acquittal pleas of 3 more accused

RAWALPINDI: The Anti-Terrorism Court (ATC) hearing the General Headquarters (GHQ) attack case against Pakistan...

Published 30 Jan, 2025 07:17am

Taxes

DG Excise directs actions against token tax defaulters

LAHORE: The Director General of Excise and Taxation Punjab, Umar Sher Chattha, has directed strict actions against...

Published 30 Jan, 2025 06:47am

Ex-bank CEO joins PPP

LAHORE: Rao Babar Jamil, a prominent economist and former CEO of United Bank Limited in Doha, Qatar, has joined the...

Published 30 Jan, 2025 06:47am

IK ends talks as hope for a deal fades: Azma

LAHORE: Punjab Information Minister Azma Bokhari has said that after losing hope for a deal, the Adiala Jail inmate...

Published 30 Jan, 2025 06:47am

Industry

LCCI SVP meets Iranian CG: Need to enhance bilateral trade ties stressed

LAHORE: In a significant step towards strengthening economic ties, Senior Vice President of the Lahore Chamber of...

Published 30 Jan, 2025 06:47am

Aurat March case: LHC seeks replies by Feb 3

LAHORE: The Lahore High Court on Wednesday sought replies from the deputy commissioner and others by February 03 on ...

Published 30 Jan, 2025 06:47am

Missing Persons Commission head passes away

LAHORE: Former Supreme Court of Pakistan judge and recently appointed Missing Persons Commission head Faqir Mohammad...

Published 30 Jan, 2025 06:47am

Companies

Nestlé Pakistan wins top Climate Champion Award

ISLAMABAD: Nestlé Pakistan’s efforts towards climate action, sustainability, renewable energy and regenerative...

Published 30 Jan, 2025 06:47am

Non-resident envoys present credentials to President

ISLAMABAD: The non-resident envoys of Angola, Jamaica, Luxembourg, Uruguay and Malta presented their diplomatic...

Published 30 Jan, 2025 06:47am

PDWP approves 3 uplift schemes

LAHORE: The Provincial Development Working Party (PDWP), chaired by the Chairman of P&D Board Barrister Nabeel...

Published 30 Jan, 2025 06:47am

Plea against life imprisonment of convict dismissed

LAHORE: The Lahore High Court on Wednesday dismissed an appeal against the life imprisonment of a convict Qamar...

Published 30 Jan, 2025 06:47am

Companies

PTCL partners with PayFast to launch bill payment solution via WhatsApp

ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL), the country’s largest ICT services provider, has...

Published 30 Jan, 2025 06:47am

RUDA, TEVTA sign MoU to empower youth

LAHORE: The Ravi Urban Development Authority (RUDA) and the Technical Education and Vocational Training Authority...

Published 30 Jan, 2025 06:47am

Industry

SACM KP reviews EZDMC six-month performance

PESHAWAR: Special Assistant to KP CM on Industries Abdul Karim Tordher visited the Khyber Pakhtunkhwa Economic Zones...

Published 30 Jan, 2025 06:47am

Saudi bank to finance CRBC Left Canal project: KP Governor

PESHAWAR: Governor Khyber Pakhtunkhwa Faisal Karim Kundi has said that a Saudi Arabian Bank is financing the Chashma...

Published 30 Jan, 2025 06:47am

School Nutrition Programme launched to ensure children's health

LAHORE: Governor Punjab launched the “School Nutrition Programme” at the Governor’s House Boys School, ...

Published 30 Jan, 2025 06:47am

Govt schools: Students in Sindh to be provided free lunch

KARACHI: The Sindh government, in collaboration with the World Food Programme (WFP), has decided to provide free...

Published 30 Jan, 2025 06:47am

Law & Justice Commission: Tanzeela recommended for secy on deputation for one year

ISLAMABAD: The Chief Justice Committee recommended Syeda Tanzeela Sabahat (BPS-20), PMS officer for secretary Law ...

Published 30 Jan, 2025 06:47am

US-born girl shot dead by father over TikTok videos

QUETTA: A man who had recently brought his family back to Pakistan from the United States on Wednesday confessed to...

Published 30 Jan, 2025 06:47am

Afghanistan: US leftover weapons grave security risk: FO

ISLAMABAD: The Ministry of Foreign Affairs (MOFA) has expressed grave concern over the presence of advanced US...

Published 30 Jan, 2025 06:47am

Senate body told: Prisoner transfer deals with 11 states on the cards

ISLAMABAD: Pakistan is finalising prisoner transfer agreements with 11 countries including United Arab Emirates...

Published 30 Jan, 2025 06:47am

Middle East

Egypt will not participate in displacing Palestinians: Sisi

CAIRO: Egypt will not participate in the displacement of Palestinians, an “act of injustice” that would threaten...

Published 30 Jan, 2025 06:47am

DG FIA removed

ISLAMABAD: The federal government on Wednesday removed Federal Investigation Agency (FIA) Director General (DG) ...

Published 30 Jan, 2025 06:47am

Majority of Greenlanders don’t want to be American: poll

COPENHAGEN: The vast majority of Greenland residents do not want their island to become part of the United States as...

Published 30 Jan, 2025 06:47am

ADB experts arrive to assess port-rail link

KARACHI: A team of consultants from the Asian Development Bank (ADB) visited the Port Qasim Authority (PQA) as part...

Updated 30 Jan, 2025 08:44am

Insider trading: SECP shares 27 cases with FIA

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has shared the details of 27 cases of insider...

Updated 30 Jan, 2025 08:43am

FMVs: KTBA says FBR notice freezes property registrations

KARACHI: Property registrations for multi-story buildings in Karachi have come to a standstill following the Federal...

Updated 30 Jan, 2025 09:12am

Rice exporters advocate urgent reforms

KARACHI: In a bid to safeguard the future of the rice export industry, exporters have urged for immediate reforms...

Updated 30 Jan, 2025 08:45am

Agriculture income: LHC disposes of plea challenging assessment

LAHORE: The Lahore High Court disposed of a petition filed by Mian Ilyas Meraj challenging the assessment of...

Updated 30 Jan, 2025 08:45am

PPRA agrees to hand over source code of EPADS to Punjab

ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) has agreed to hand over its source code of E-Pak...

Updated 30 Jan, 2025 09:10am

Excessive reserve prices: Unsold spectrum to inflict $1.8bn loss to GDP: GSMA

ISLAMABAD: The impact of unsold spectrum because of excessive reserve prices in the upcoming auction will be...

Updated 30 Jan, 2025 09:29am

President signs controversial Peca bill into law

ISLAMABAD: President Asif Ali Zardari, Wednesday, assented to three bills including much-debated “The Prevention of...

Published 30 Jan, 2025 06:47am

Free speech fears mount: CPJ

NEW YORK: Senate on Tuesday passed controversial amendments to the country’s cybercrime laws, which would...

Published 30 Jan, 2025 06:47am

Sending ‘unfit’ rice to EU: MoC shifts blame to rice exporters, DPP officials

ISLAMABAD: Commerce Ministry on Wednesday accused both rice exporters and officials from the Department of Plant...

Updated 30 Jan, 2025 02:51pm

Pro-IK tweet: Grenell may have been misled by a ‘lobby’: US businessman

ISLAMABAD: In what appears to be a major blow to the opposition Pakistan Tehreek-e-Insaf (PTI), Gentry Beach – an...

Published 30 Jan, 2025 06:47am

Salaried individuals: FBR issues ‘frivolous’ tax recovery notices

ISLAMABAD: The Federal Board of Revenue’s field formations have issued frivolous tax recovery notices to the...

Updated 30 Jan, 2025 06:06pm

Rates

PSX slips into red

KARACHI: Pakistan Stock Exchange on Wednesday witnessed another bearish session and closed in red zone as the...

Published 30 Jan, 2025 06:47am

Retailers’ outlets: New IR enforcement network to conduct nationwide raids

ISLAMABAD: The Federal Board of Revenue’s (FBR) newly established Inland Revenue enforcement network would conduct...

Updated 30 Jan, 2025 02:51pm

POS system: FBR introduces massive changes in retailers’ procedure

Will require retailers, using POS system, to integrate facility of debit and credit card machine, QR Code or any other mode of digital transaction available at all the sale points

Updated 30 Jan, 2025 02:51pm

PM urges foreign investors: come and invest here

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday emphasised the government’s unwavering commitment to create ...

Published 30 Jan, 2025 06:47am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (January 29, 2025). ==================================== ...

Published 30 Jan, 2025 06:47am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Wednesday (January 29, 2025). ======================================= ...

Published 30 Jan, 2025 06:47am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (January 29, 2025)...

Published 30 Jan, 2025 06:47am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 29, 2025)....

Published 30 Jan, 2025 06:47am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (January 29, 2025)....

Published 30 Jan, 2025 06:47am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (January 29, 2025). ======================== Open ...

Published 30 Jan, 2025 06:47am

Forex

Open market rates of foreign currencies

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

Published 30 Jan, 2025 06:47am

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 30 Jan, 2025 06:47am

Rates

LME official prices

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

Published 30 Jan, 2025 06:47am

The Weather

KARACHI: The weather report on Wednesday (January 29, 2025) and the forecast for Thursday (January 30, 2025)...

Published 30 Jan, 2025 06:47am

Facing Trump threat, EU unveils blueprint to ‘reignite’ economy

BRUSSELS: Promising a “simplification shock”, the EU unveiled a much-anticipated blueprint to revamp Europe’s...

Published 30 Jan, 2025 06:47am

Trump offers federal workers exit package as funding freeze sows chaos

WASHINGTON: President Donald Trump on Tuesday offered most federal workers the option to leave their jobs in ...

Published 30 Jan, 2025 06:47am

Hundreds of millions across Asia celebrate Lunar New Year

BEIJING: From incense offerings and vibrant lion dances in Beijing to prayer rituals at temples in Bangkok and...

Published 30 Jan, 2025 06:47am

Plane crash in South Sudan kills 20

JUBA: A plane has crashed in the north of South Sudan killing at least 20 people, leaving only one confirmed...

Published 30 Jan, 2025 06:47am

Lloyds to shut 136 branches in UK amid digital banking shift

LONDON: Lloyds Banking Group will shut 136 branches in the United Kingdom to match customers’ transition to digital...

Published 30 Jan, 2025 06:47am

Taxes

USA, Canada, Saudi Arabia, China ‘Overseas Pakistanis, foreigners timely filing complaints with FTO’

ISLAMABAD: The overseas Pakistanis and non-residents in United States of America (USA), Canada, Saudi Arabia, and...

Published 30 Jan, 2025 06:47am

PTA to grant licence for provision of Fixed Satellite Services

ISLAMABAD: Pakistan Telecommunication Authority (PTA) is all set to grant licence for establishing, maintaining and...

Published 30 Jan, 2025 06:47am

Effective and responsible content: Sharjeel for countering extremist narratives

KARACHI: A high-level meeting of the Content and Production Oversight Board was held in Karachi, chaired by Senior...

Updated 30 Jan, 2025 08:05am

Cotton & Textile

Spot rate loses Rs200 per maund

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Wednesday decreased the spot rate by Rs...

Published 30 Jan, 2025 06:47am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (January 29, 2025)...

Published 30 Jan, 2025 06:47am

Commodities

Copper edges up from three-week low, capped by US tariff worries

LONDON: Copper prices edged up after hitting their lowest in three weeks in London on Wednesday, but a strong dollar...

Published 30 Jan, 2025 06:47am

Rates

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 164,187 tonnes of cargo comprising 103,235 tonnes of import cargo and 60,952...

Published 30 Jan, 2025 06:47am

Commodities

Japanese rubber futures climb

TOKYO: Japanese rubber futures hit a three-month high on Wednesday on supply concerns as adverse weather slowed...

Published 30 Jan, 2025 06:47am

Energy

Oil prices slip as US inventories rise

NEW YORK: Oil prices edged lower on Wednesday on a rise in US crude stockpiles and easing concern over Libyan ...

Published 30 Jan, 2025 06:47am

Energy

US natgas prices slide on milder weather forecasts

NEW YORK: US natural gas futures eased about 2% to a three-week low on Wednesday on forecasts for milder weather and...

Published 30 Jan, 2025 06:47am

Commodities

PMEX daily trading report

KARACHI: On Tuesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 39.198 billion...

Published 30 Jan, 2025 06:47am

Commodities

Gold prices hold steady as investors await US Fed policy cues

NEW YORK: Gold prices remained steady on Wednesday, as investors awaited the US Federal Reserve’s decision on...

Published 30 Jan, 2025 06:47am

Stocks

IT leads Indian shares higher; Fed policy eyed

MUMBAI: India’s benchmark indexes rose on Wednesday, as information technology stocks tracked a rebound in global...

Published 30 Jan, 2025 06:47am

Stocks

China markets closed

BEIJING: Mainland China’s stocks, bond, foreign exchange and commodity futures markets will be closed from ...

Published 30 Jan, 2025 06:47am

Stocks

Nikkei snaps three-day decline; tech earnings in focus

TOKYO: Japan’s Nikkei snapped a three-day losing run on Wednesday, tracking Wall Street’s recovery from a...

Published 30 Jan, 2025 06:47am

Stocks

Tech stocks lift Europe’s STOXX 600 to record high

FRANKFURT: European shares closed at a record high on Wednesday, boosted by technology stocks following strong...

Published 30 Jan, 2025 06:47am

Stocks

Tech majors drag on S&P 500, Nasdaq as Fed verdict looms

NEW YORK: The S&P 500 and the Nasdaq slipped on Wednesday, as losses in tech heavyweights Apple and Nvidia...

Published 30 Jan, 2025 06:47am

Money & Banking

Indian rupee ends little changed

MUMBAI: The Indian rupee closed nearly flat on Wednesday after facing pressure early in the session, which was...

Published 30 Jan, 2025 06:47am

Stocks

Most Gulf markets fall on weak earnings

DUBAI: Most Gulf stock markets ended lower on Wednesday as disappointing corporate earnings dampened investor...

Published 30 Jan, 2025 06:47am

Money & Banking

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 6	281.43
USD PKR Interbank Buying / May 6	281.23
USD to Japanese Yen / May 6	143.80
USD to Swiss Franc / May 6	0.82
Pound Sterling to USD / May 6	1.33
Euro to USD / May 6	1.13
UK LIBOR % / May 2	4.96

Stock	Volume
S&P 500 / May 5	5,650.38
Tokyo Nikkei / May 5	36,830.69
Nasdaq / May 5	17,844.24
Dow Jones / May 5	41,218.83
India Sensex / May 6	80,548.72
Hang Seng / May 6	22,677.57
FTSE 100 / May 6	8,609.62
Germany DAX 30 / May 6	23,276.83
France CAC40 / May 6	7,711.31

Item	Value
Karachi Cotton PKR/37.32 KG / May 5	16,985
Gold 10 Grams PKR / May 5	300,068
Crude Oil USD/Barrel / May 6	57.98
Gold Spot USD/Ounce / May 6	3,361.22
Cotton US¢/pound / May 6	68.15
Petrol/Litre / May 7	252.63
Diesel/Litre / May 7	256.64

Gainers
Losers
Leaders

Stock	Price
Invest Bank / May 6 Invest Capital Investment Bank Limited(ICIBL)	1.50 ▲ 0.2 (15.38%)
First Fid. Leasing / May 6 First Fidelity Leasing Modaraba(FFLM)	2.34 ▲ 0.3 (14.71%)
UDL International / May 6 UDL International Limited(UDLI)	7.95 ▲ 0.95 (13.57%)
Aruj Industries / May 6 Aruj Industries Limited(ARUJ)	8.76 ▲ 0.98 (12.6%)
Pak Gen.Ins. / May 6 The Pakistan General Insurance Co. Ltd.(PKGI)	9.86 ▲ 1 (11.29%)
Dewan Mushtaq / May 6 Dewan Mushtaq Textile Mills Limited(DMTM)	9.96 ▲ 1 (11.16%)
Dewan Textile / May 6 Dewan Textile Mills Limited(DWTM)	6.42 ▲ 0.62 (10.69%)
First Elite Cap.Mod / May 6 First Elite Capital Modaraba(FECM)	16.89 ▲ 1.54 (10.03%)
Power Cem(Pref) / May 6 Power Cement (Pref)(POWERPS)	16.80 ▲ 1.53 (10.02%)
Olympia Mills / May 6 Olympia Mills Limited(OML)	36.28 ▲ 3.3 (10.01%)

Stock	Price
Reliance Ins. / May 6 Reliance Insurance Company Limited(RICL)	10.49 ▼ -6.31 (-37.56%)
First AL-Noor Mod. / May 6 First Al-Noor Modaraba(FANM)	2.75 ▼ -0.34 (-11%)
At-Tahur Ltd. / May 6 At-Tahur Limited(PREMA)	58.40 ▼ -6.49 (-10%)
Bunnys Limited / May 6 Bunnys Limited(BNL)	28.04 ▼ -3.11 (-9.98%)
Sui South Gas / May 6 Sui Southern Gas Company Limited(SSGC)	36.08 ▼ -3.95 (-9.87%)
Trust Sec.& Brok. / May 6 Trust Securities & Brokerage Limited(TSBL)	11.60 ▼ -1.27 (-9.87%)
Diamond Ind. / May 6 Diamond Industries Limited(DIIL)	21.79 ▼ -2.12 (-8.87%)
Paramount Mod / May 6 First Paramount Modaraba(FPRM)	7.59 ▼ -0.66 (-8%)
Tri-Star Mutual / May 6 Tri-Star Mutual Fund Limited(TSMF)	8.26 ▼ -0.71 (-7.92%)
Leather Up Ltd. / May 6 Leather Up Limited(LEUL)	28.31 ▼ -2.39 (-7.79%)

Stock	Volume
Sui South Gas / May 6 Sui Southern Gas Company Limited(SSGC)	54,325,421 ▼ -3.95
K-Electric Ltd. / May 6 K-Electric Limited(KEL)	42,259,616 ▲ 0.22
Dewan Cement / May 6 Dewan Cement Limited(DCL)	26,185,745 ▼ -0.29
Kohinoor Spining / May 6 Kohinoor Spinning Mills Limited(KOSM)	17,455,731 ▲ 0.35
At-Tahur Ltd. / May 6 At-Tahur Limited(PREMA)	16,513,681 ▼ -6.49
Maple Leaf Cement / May 6 Maple Leaf Cement Factory Limited(MLCF)	15,288,695 ▼ -1.4
D.G.K.Cement / May 6 D.G. Khan Cement Company Limited(DGKC)	11,352,512 ▼ -2.72
WorldCall Telecom / May 6 Worldcall Telecom Limited(WTL)	10,597,193 ▼ -0.01
Power Cement / May 6 Power Cement Limited(POWER)	8,852,134 ▼ -0.51
Pak Refinery / May 6 Pakistan Refinery Limited(PRL)	8,766,270 ▼ -0.03

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