News Archives for Print - 2025-02-10

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Print - 2025-02-10

16th KLF 2025 concludes

KARACHI: The Karachi Literature Festival (KLF) concluded with a shout out for upholding and endorsing the...

Published 10 Feb, 2025 07:02am

Chinese CG donates 38 solar-powered systems to Balochistan

KARACHI: The Consulate General of China in Karachi has donated Balochistan province with 38 solar-powered systems,...

Published 10 Feb, 2025 06:59am

AMAN Dialogue begins at Karachi

KARACHI: The two-day AMAN Dialogue, a maiden event conducted as an adjunct to Exercise AMAN 2025, commenced at...

Published 10 Feb, 2025 06:56am

Globalisation era: Role of maritime security increased: Asif

KARACHI: Defence Minister Khawaja Muhammad Asif on Sunday said that the changes taking place at the global level ...

Updated 10 Feb, 2025 07:15am

Training session on micro agro-entrepreneurship concludes

HYDERABAD: A comprehensive Training of Trainers (ToT) session on Micro Agro-Entrepreneurship was successfully held ...

Published 10 Feb, 2025 06:52am

Convoy of 120 vehicles carrying goods departs for Parachinar

PESHAWAR: A convoy of 120 vehicles carrying relief goods has been dispatched from Tehsil Thall to Kurram and...

Updated 10 Feb, 2025 07:16am

Cotton & Textile

Weekly Cotton Review: Sharp decline in production rattles industry

KARACHI: Pakistan has recorded a concerning decline in cotton production by 28.50 lac bales, raising alarms within...

Published 10 Feb, 2025 06:47am

‘Diplomats are making efforts to get maximum economic benefits’

FAISALABAD: Economic diplomacy is very important for a country like Pakistan and our diplomats posted in different...

Updated 10 Feb, 2025 07:10am

Jashan-e-Punjabi Festival concludes

LAHORE: The three-day Jashan-e-Punjabi Festival at the Alhamra Arts Centre concluded on Sunday with a grand...

Updated 10 Feb, 2025 07:15am

FG Polo wins Jinnah Gold Cup 2025 trophy

LAHORE: FG Polo clinched the 5th Jinnah Gold Cup 2025 trophy after defeating HN Polo 8-5 in the grand finale on...

Published 10 Feb, 2025 06:37am

14th Rashid D Habib Golf: Ahmad Baig defends his title

KARACHI: Bank AL Habib’s 14th Rashid D. Habib Memorial National Professionals Golf Tournament concluded in grand...

Published 10 Feb, 2025 06:34am

Pakistan again advocates independent Palestinian state

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar said that Pakistan will continue to support the...

Published 10 Feb, 2025 06:32am

Akhuwat Foundation a ray of light in the darkness: Tessori

KARACHI: Governor Sindh Kamran Khan Tessori has said that the Akhuwat Foundation and personalities like Dr Amjad...

Published 10 Feb, 2025 06:30am

Dar, Turkish FM discuss Gaza issue on phone call

ISLAMABAD: Deputy Prime Minister/ Foreign Minister, Senator Mohammad Ishaq Dar spoke to Foreign Minister of Turkiye,...

Published 10 Feb, 2025 06:10am

Prices of essential food items remain high

PESHAWAR: Prices of essential food items, like live chicken/meat, vegetables, pulses, flour, sugar, cooking oil/ghee...

Updated 10 Feb, 2025 09:15am

Changing tariff policies of US: SAI chief urges govt to take advantage

KARACHI: Ahmed Azeem Alvi, President of SITE Association of Industry Karachi, urged the government to take advantage...

Updated 10 Feb, 2025 08:42am

Taxes

Joint body to be reactivated to address taxpayers’ issues

PESHAWAR: A joint advisory committee between traders and Regional Tax Office (RTO) Peshawar, Federal Board of ...

Published 10 Feb, 2025 05:35am

KP govt to replace ACE with Anti-Corruption Authority

PESHAWAR: The Khyber Pakhtunkhwa (KP) government has decided to replace the Anti-Corruption Establishment (ACE) with...

Published 10 Feb, 2025 05:35am

Security forces kill seven terrorists in KP IBOs

RAWALPINDI: Security Forces killed seven terrorists in two separate engagements in Khyber Pakhtunkhwa Province on...

Published 10 Feb, 2025 05:35am

PM to participate in WGS in UAE

ISLAMABAD: Prime Minister Shehbaz Sharif will pay a two-day official visit to the United Arab Emirates (UAE) from...

Published 10 Feb, 2025 05:35am

Chinese New Year celebrations: Mutually beneficial projects to boost ties: Chinese envoy

ISLAMABAD: Charge d’affaires of Chinese embassy, Shi Yuanqiang on Sunday said that mutually beneficial cooperation...

Published 10 Feb, 2025 05:35am

Karachi: drastic steps urged to improve transport sector

KARACHI: Pasban Democratic Party (PDP) Chairman Altaf Shakoor has said almost 80 percent of drivers in the mega...

Published 10 Feb, 2025 05:35am

ADR can alleviate case backlog, says CJ PHC

PESHAWAR: On the directives of the Federal Minister for Law and Justice, the International Mediation and Arbitration...

Published 10 Feb, 2025 05:35am

Industry

HCSTSI for preventing municipal corporations from harassing traders

HYDERABAD: President of Hyderabad Chamber of Small Traders & Small Industry (HCSTSI), Muhammad Saleem Memon, has...

Published 10 Feb, 2025 05:35am

KPK too stands against PTI’s politics of chaos: Azma

LAHORE: Punjab Information Minister Azma Bokhari, has said that Khyber Pakhtunkhwa has also rejected the politics of...

Published 10 Feb, 2025 05:35am

ETs take decisions on 11 more petitions in Jan: FAFEN

ISLAMABAD: The Election Tribunals (ETs) decided 11 election petitions in January 2025, raising the total number of...

Published 10 Feb, 2025 05:35am

Energy

Chinese company to purchase 120MW electricity

PESHAWAR: Chinese Investment Company (China Century Steel Mills) has contacted the Khyber Pakhtunkhwa government for...

Published 10 Feb, 2025 05:35am

Rates

0.04pc decline

KARACHI: Rupee depreciated during the previous week as it lost Re0.10 or 0.04% in the inter-bank market. The local...

Published 10 Feb, 2025 05:35am

Pakistan condemns Israeli PM’s statement

ISLAMABAD: Pakistan strongly condemns in unequivocal terms the recent statement by Israeli Prime Minister Benjamin...

Updated 10 Feb, 2025 09:14am

FSA helps in sharp increase of TP consignments

KARACHI: The volume of transshipment (TP) consignments have shown drastic growth following the implementation of the...

Updated 10 Feb, 2025 09:33am

Another member seeks deferment of JCP meeting

ISLAMABAD: Senator Ali Zafar, member of Judicial Commission of Pakistan (JCP), has written a letter to Chief Justice...

Updated 10 Feb, 2025 08:41am

Aurangzeb, UK diplomat discuss investment opportunities

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb met with British Parliamentary...

Updated 10 Feb, 2025 08:42am

Pasha says concerned at current unemployment rate

ISLAMABAD: “Poverty rate has risen to 44 percent and inflation is still in double digits.” Dr Hafeez Pasha, former...

Updated 10 Feb, 2025 03:44pm

Transfer of plots, commercial property: FED expected to be withdrawn

ISLAMABAD: The federal excise duty (FED), levied through the Finance Act, 2024, on transfer of plots and commercial...

Updated 10 Feb, 2025 09:17am

Tax policy for cotton sector: FBR asked to seek viewpoint of IMF

Ministry of National Food Security and Research directed to conduct consultative meetings with all relevant stakeholders

Updated 10 Feb, 2025 03:14pm

All set for inking TRQs deals for rice with European Union

ISLAMABAD: Pakistan is all set to sign agreements on Tariff Rate Quotas (TRQs) for rice with the European Union (EU)...

Updated 10 Feb, 2025 03:00pm

IMF to examine corruption vulnerabilities in govt

ISLAMABAD: The International Monetary Fund (IMF) scoping mission is currently in Pakistan to undertake Governance ...

Published 10 Feb, 2025 05:35am

Oil millers demand lending to farmers

HYDERABAD: All Sindh Oil Millers and Oil Association held a meeting and conference at a local hotel in Hyderabad. ...

Published 10 Feb, 2025 05:35am

Rates

PSX ends in deep red

KARACHI: Pakistan Stock Exchange remained under severe selling pressure and closed in deep red with heavy losses...

Published 10 Feb, 2025 05:35am

Rates

Futures spread up 499bps

KARACHI: The futures spread increased by 499bps to 12.76 percent on the last day of the outgoing week. Trading...

Published 10 Feb, 2025 05:35am

Middle East

Hamas says Israeli military withdraws from Netzarim Corridor

CAIRO/JERUSALEM: The Israeli military has withdrawn from an area of Gaza known as the Netzarim corridor that bisects...

Published 10 Feb, 2025 05:35am

Investors return to new-look ME, but Trump causes some concern

LONDON/JERUSALEM: A historic shake-up of the Middle East is starting to draw international investors, warming to the...

Published 10 Feb, 2025 05:35am

USA

US judge blocks Musk’s cost-cutting team from Treasury data

WASHINGTON: A US judge issued an emergency order early Saturday blocking Elon Musk’s government reform team from...

Published 10 Feb, 2025 05:35am

Asia

Sudan to form new govt after regaining Khartoum

DUBAI: The formation of a new Sudanese government is expected to happen after the recapture of Khartoum is ...

Published 10 Feb, 2025 05:35am

‘No thanks’, white South Africans turn down Trump’s immigration offer

JOHANNESBURG: US President Donald Trump’s offer to rehouse white South Africans as refugees fleeing persecution ...

Published 10 Feb, 2025 05:35am

Raja Pervez Ashraf, Sindh CM discuss political, economic situation

KARACHI: Former Prime Minister and senior Pakistan People’s Party (PPP) leader Raja Pervaiz Ashraf called on the...

Published 10 Feb, 2025 05:35am

Bobi hosts brunch for Lahore Gymkhana Club members

LAHORE: Prominent businessman Qamar Khan Bobi hosted a well-attended brunch for members of the Lahore Gymkhana Club...

Published 10 Feb, 2025 05:35am

Stocks

FTSE 100 eases from record high on tariff uncertainty

LONDON: UK stocks were lower on Friday, with the FTSE 100 easing from a record high, as tariff uncertainty added to...

Published 10 Feb, 2025 05:35am

Bracewell, Phillips and Young feature in PCB Podcast

LAHORE: The Pakistan Cricket Board (PCB) Sunday released second part of the 57th PCB Podcast, which features New...

Published 10 Feb, 2025 05:35am

KP advisor says concerned at ‘discrepancies’ in surplus budget

PESHAWAR: Advisor to the KP Chief Minister on Finance and Inter-provincial Coordination Muzzammil Aslam has issued a...

Updated 10 Feb, 2025 09:32am

IPP decides to divide Punjab into four zones

LAHORE: Istehkam-e-Pakistan Party (IPP) has decided to divide the province into four zones after South Punjab and...

Published 10 Feb, 2025 05:35am

Trump’s acting CFPB chief halts all supervision of companies

NEW YORK: Russell Vought, President Donald Trump’s newly installed head of the US Consumer Financial Protection...

Published 10 Feb, 2025 05:35am

Zardari leaves for Lisbon to condole death of Prince Karim Aga Khan

ISLAMABAD: President Asif Ali Zardari has left for Lisbon, Portugal on Sunday. The President will meet His Highness...

Published 10 Feb, 2025 05:35am

46th Anniversary of Islamic Revolution of Iran: Reza Amiri Moghadam, Ambassador of the Islamic Republic of Iran to Pakistan

As an Ambassador, it’s a source of pride to felicitate the 46th Anniversary of the Victory of the Islamic...

Published 10 Feb, 2025 05:35am

46th Anniversary of Islamic Revolution of Iran: Hassan Nourian Consul General of the Islamic Republic of Iran in Karachi

The Iranian nations are commemorating one of the most significant moments in the modern history of Iran, the 46th...

Published 10 Feb, 2025 05:35am

Rates

Automart: car prices in Karachi

Rates in the week ended Sunday February 09, 2025

Published 10 Feb, 2025 05:35am

Economic sabotage

EDITORIAL: The revelation that nearly 1,448 acres of Karachi Port Trust (KPT) land — almost one-third of its total...

Published 10 Feb, 2025 05:35am

Industry

FCCI chief says minimum taxes must to attract maximum investment

FAISALABAD: Minimum taxes are imperative to attract maximum local and foreign investment which could play a key role...

Published 10 Feb, 2025 05:35am

SRSC challans 44 vehicles

KARACHI: The Sindh Road Safety Committee (SRSC) on the directives of the Sindh Senior Minister Sharjeel Inam Memon...

Published 10 Feb, 2025 05:35am

KP Govt to launch motor vehicle registration campaign

PESHAWAR: KP Minister for Excise & Taxation, Mian Khaleeq-ur-Rehman has directed the Excise & Taxation...

Published 10 Feb, 2025 05:35am

’Punjab Dhi Rani Programme’: Collection of applications begins: Maryam

LAHORE: “We will not only build but will also make the houses liveable,” said Chief Minister Punjab Maryam Nawaz...

Published 10 Feb, 2025 05:35am

Goods and peoples: Trump’s opposition to free movement

Free movement of goods and peoples benefits all countries as it allows scarcity of products and skills to be met at...

Published 10 Feb, 2025 05:35am

Reviving real estate: balancing growth and regulation

Lately, there has been a surge of excitement in the real estate market, particularly in upscale urban areas. The...

Published 10 Feb, 2025 05:35am

Markets staying rather cautiously optimistic?

Following last week’s turbulent session brought on by tariff concerns, the market is calmer now that the matter ...

Published 10 Feb, 2025 05:35am

The energy sector conundrum

EDITORIAL: Pakistan’s energy sector complications never seem to end. The latest issue revolves around increasing...

Published 10 Feb, 2025 05:35am

The Weather

KARACHI: The weather report on Sunday (February 09, 2025) and the forecast for Monday (February 10, 2025)....

Published 10 Feb, 2025 05:35am

Letters

Trump’s hammer falls on transgender people—I

On January 20, 2025, immediately following his inauguration as the 47th President of the United States, Donald Trump...

Published 10 Feb, 2025 05:35am

Shifting industries to grid: solving tariff puzzle

In the wake of the recent IMF agreement, Pakistan has introduced a new policy aimed at transitioning industries from...

Published 10 Feb, 2025 05:35am

Stocks

Wall Street Week Ahead: Inflation data to test market as tariff talk swirls

NEW YORK: A fresh look at the pace of inflation will test the US stock market in the coming week, as investors worry...

Published 10 Feb, 2025 05:35am

Stocks

TSX posts weekly decline as BCE shares tumble

TORONTO: Canada’s main stock index fell on Friday, led by declines for the communication services sector, as the...

Published 10 Feb, 2025 05:35am

Money & Banking

Russian rouble weakens vs US dollar

MOSCOW: The Russian rouble weakened against the US dollar and China’s yuan on Friday, after strengthening sharply...

Published 10 Feb, 2025 05:35am

Money & Banking

Pound ticks up after sliding on BoE cut

LONDON: The pound regained some ground on Friday after dropping on Thursday when the Bank of England cut interest...

Published 10 Feb, 2025 05:35am

Money & Banking

Indian rupee higher

MUMBAI: The Indian rupee strengthened on Friday after struggling for most of the week as global markets were jolted...

Published 10 Feb, 2025 05:35am

Stocks

Gulf markets end mixed amid renewed tariff threats

DUBAI: Stock markets in the Gulf ended mixed on Sunday as investors grew anxious about President Donald Trump’s...

Published 10 Feb, 2025 05:35am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	281.75
USD PKR Interbank Buying / May 9	281.50
USD to Japanese Yen / May 9	145.37
USD to Swiss Franc / May 9	0.83
Pound Sterling to USD / May 9	1.33
Euro to USD / May 9	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
India Sensex / May 9	79,454.47
Tokyo Nikkei / May 9	37,503.33
Nasdaq / May 9	17,928.92
Hang Seng / May 9	22,867.74
FTSE 100 / May 9	8,554.80
Dow Jones / May 9	41,249.38
Germany DAX 30 / May 9	23,499.32
France CAC40 / May 9	7,743.75

Item	Value
Crude Oil USD/Barrel / May 9	61.02
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Gold Spot USD/Ounce / May 9	3,324.98
Cotton US¢/pound / May 9	66.61
Petrol/Litre / May 10	252.63
Diesel/Litre / May 10	256.64

Gainers
Losers
Leaders

Stock	Price
First AL-Noor Mod. / May 9 First Al-Noor Modaraba(FANM)	3 ▲ 0.67 (28.76%)
Premier Insurance / May 9 Premier Insurance Limited(PINL)	5.15 ▲ 0.72 (16.25%)
Escorts Bank / May 9 Escorts Investment Bank Limited(ESBL)	5.98 ▲ 0.83 (16.12%)
Parmount Sp. / May 9 Paramount Spinning Mills Limited(PASM)	3.22 ▲ 0.41 (14.59%)
UDL International / May 9 UDL International Limited(UDLI)	7.10 ▲ 0.85 (13.6%)
Abdullah Shah / May 9 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.44 ▲ 0.65 (13.57%)
Chenab Ltd (Pref) / May 9 Chenab Limited (Pref)(CLCPS)	2.05 ▲ 0.23 (12.64%)
LSE Capital / May 9 LSE Capital Limited(LSECL)	4.39 ▲ 0.48 (12.28%)
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	6.42 ▲ 0.7 (12.24%)
D.S. Ind. Ltd. / May 9 D.S. Industries Limited(DSIL)	3.90 ▲ 0.41 (11.75%)

Stock	Price
Cyan Limited / May 9 Cyan Limited(CYAN)	27.05 ▼ -5.03 (-15.68%)
Burj Clean Energy Modaraba / May 9 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.11 ▼ -1 (-12.33%)
Universal Ins. / May 9 The Universal Insurance Company Limited(UVIC)	8.25 ▼ -1 (-10.81%)
Sally Textile / May 9 Sally Textile Mills Limited(SLYT)	7.14 ▼ -0.86 (-10.75%)
Jubilee Spinning / May 9 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.43 ▼ -0.95 (-10.13%)
At-Tahur Ltd. / May 9 At-Tahur Limited(PREMA)	42.57 ▼ -4.73 (-10%)
Khyber Tobacco / May 9 Khyber Tobacco Company Limited(KHTC)	342.26 ▼ -38.03 (-10%)
Dewan Mushtaq / May 9 Dewan Mushtaq Textile Mills Limited(DMTM)	9.29 ▼ -1.03 (-9.98%)
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	12.23 ▼ -1.35 (-9.94%)
First Elite Cap.Mod / May 9 First Elite Capital Modaraba(FECM)	18.44 ▼ -2 (-9.78%)

Stock	Volume
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	47,087,025 ▲ 0.06
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	33,590,475 ▲ 0.7
Sui South Gas / May 9 Sui Southern Gas Company Limited(SSGC)	29,288,646 ▼ -1.53
B.O.Punjab / May 9 The Bank of Punjab(BOP)	18,310,598 ▲ 0.44
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	15,347,121 ▲ 0.3
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	14,961,675 ▼ -1.35
Sui North Gas / May 9 Sui Northern Gas Pipelines Limited(SNGP)	14,847,660 ▲ 5.69
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,463,181 ▲ 0.09
Maple Leaf Cement / May 9 Maple Leaf Cement Factory Limited(MLCF)	13,544,491 ▲ 2.45
Kohinoor Spining / May 9 Kohinoor Spinning Mills Limited(KOSM)	13,517,642 ▲ 0.05

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