News Archives for Print - 2025-02-18

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Print - 2025-02-18

FUUAST, Russian varsity to organise international conference

KARACHI: The Federal Urdu University of Arts, Science, and Technology (FUUAST), in collaboration with Kazan Federal...

Published 18 Feb, 2025 03:01am

UAF opens 10th Lyallpur Art and Literature Festival

FAISALABAD: University of Agriculture, Faisalabad (UAF) on Monday opened four-day 10th Lyallpur Art and Literature...

Published 18 Feb, 2025 03:01am

Industry

LCCI urges Chinese investors to start manufacturing in Pakistan

LAHORE: The Lahore Chamber of Commerce and Industry has invited Chinese investors to start manufacturing in Pakistan...

Published 18 Feb, 2025 03:01am

There is immense tourism potential in Punjab: CM

LAHORE: “Pakistan is a country of immense natural beauty and there is immense potential for tourism in different...

Published 18 Feb, 2025 03:01am

Punjab Assembly introduces several bills

LAHORE: The Punjab Assembly on Monday introduced several bills, including the The Punjab Khal Panchayat (Repeal)...

Published 18 Feb, 2025 03:01am

‘Asaan Karobar Scheme’ Punjab CM asks BoP to extend maximum loans

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif, while distributing cheques and Karobar cards under the ‘Asaan...

Published 18 Feb, 2025 03:01am

Acting CG Birmingham passes away

ISLAMABAD: Kamran Malik, acting consul general Birmingham passed away after a courageous battle with cancer on...

Published 18 Feb, 2025 03:01am

TPL Properties unveils Lagoon Views Tower 1 at The Mangrove

KARACHI: TPL Properties (TPLP) unveiled Lagoon Views 1, the inaugural tower of The Mangrove Project. This...

Published 18 Feb, 2025 03:01am

Land grab, encroachments: Govt to set up a desk under Karachi commissioner

KARACHI: The first meeting of the committee established by the government of Sindh to address the grievances of...

Published 18 Feb, 2025 03:01am

Money & Banking

Session titled ‘Microfinance challenges & opportunities’ held at SAFCO office

HYDERABAD: A session titled ‘Pakistan’s Microfinance Landscape: Emerging Opportunities and Growing Challenges’...

Published 18 Feb, 2025 03:01am

Ghulam Mustafa Qazi takes charge as ICMA Pakistan President

KARACHI: Ghulam Mustafa Qazi, FCMA, has assumed the role of President at the Institute of Cost and Management...

Published 18 Feb, 2025 03:01am

Sindh CM, UNFPA delegation discuss NFC formula

KARACHI: Sindh Chief Minister Syed Murad Ali Shah in his meeting with a delegation from the United Nations Fund for...

Published 18 Feb, 2025 03:01am

Economic uplift to be ensured through continuity of policies, Nawaz tells MPAs

LAHORE: President PML-N Muhammad Nawaz Sharif and Chief Minister Punjab Maryam Nawaz Sharif met Members of the ...

Published 18 Feb, 2025 03:01am

Industry

Water shortages: Hub industrial sector to observe ‘emergency strike’ on 20th

KARACHI: The industrial sector of Hub, a key manufacturing sector in the region, has announced plans to go on an...

Published 18 Feb, 2025 03:01am

Industry

FPCCI leader greets visit by WB delegation

KARACHI: Aman Pracha, Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI),...

Published 18 Feb, 2025 03:01am

Steps being taken to turn federal capital into a pollen allergy-free city

ISLAMABAD: The Ministry of National Health Services and Regulations in collaboration with the Capital Development...

Published 18 Feb, 2025 03:01am

Kurram: Two killed as assailants attack truck convoy

ISLAMABAD: Armed assailants targeted a convoy of trucks carrying essential supplies to Parachinar in Lower Kurram...

Published 18 Feb, 2025 03:01am

New IHC building: Senate panel seeks report on lift accidents

ISLAMABAD: The Senate Standing Committee for Housing and Works, on Monday, while taking notice, sought a detailed...

Published 18 Feb, 2025 03:01am

Poll ‘rigging’, 26th Amendment cases: PTI for expediting process

ISLAMABAD: The embattled Pakistan Tehreek-e-Insaf (PTI) on Monday demanded the judiciary to expedite cases related...

Published 18 Feb, 2025 03:01am

Court officials: Disciplinary action can precede contempt proceedings: IHC

ISLAMABAD: The Islamabad High Court (IHC) has declared that judges cannot initiate contempt proceedings against...

Published 18 Feb, 2025 03:01am

Fazl criticises govt policies

ISLAMABAD: Jamiat Ulema-e-Islam (Fazl) chief Maulana Fazlur Rehman claimed that the government has to put its thumb...

Published 18 Feb, 2025 03:01am

PARTLY FACETIOUS: In the fitness of things

“It was in the fitness of things…” “Not happening.” “It’s already happened…wait…what were you thinking I meant!” “I...

Published 18 Feb, 2025 03:01am

Schedule of Senate by-polls in Balochistan announced

ISLAMABAD: The Election Commission of Pakistan (ECP) on Monday announced the schedule for Senate by-election in...

Published 18 Feb, 2025 03:01am

Physical remand of PTI’s MPA in terrorism case extended

ISLAMABAD: The Anti-Terrorism Court (ATC), on Monday, extended the physical remand of Pakistan Tehreek-e-Insaf (PTI)...

Published 18 Feb, 2025 03:01am

FBR issues SRO: Retailers face the grim prospect of premises sealing

ISLAMABAD: The Federal Board of Revenue (FBR) has expanded the scope of sealing of business premises of Tier-I...

Updated 18 Feb, 2025 09:30am

Rates

PSX stays depressed

KARACHI: Pakistan Stock Exchange on Monday remained depressed and closed in red zone due to selling pressure as...

Published 18 Feb, 2025 03:01am

Drone strike hits Chevron, Exxon oil exports via Russia

MOSCOW: A drone strike has hit a pumping station on a oil pipeline in Russia, reducing flows from Kazakhstan to ...

Published 18 Feb, 2025 03:01am

Boosting exports to $60bn in 5 years deemed crucial: govt

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal, Monday, underscored the...

Updated 18 Feb, 2025 02:19pm

Emerging Markets Conference: Aurangzeb holds discussion on economic cooperation

ALULA, (Saudi Arabia): Federal Minister for Finance & Revenue, Senator Muhammad Aurangzeb, participated in a...

Updated 18 Feb, 2025 09:23am

Pakistan Reforms Report 2025 launched

ISLAMABAD: The financial sector reforms implemented by the Shehbaz Sharif administration in last one year have had...

Updated 18 Feb, 2025 08:29am

SOEs, especially DISCOs: WB team apprised of sell-off plan

ISLAMABAD: Minister for Economic Affairs Ahad Cheema welcomed the delegation of Executive Directors (EDs) and...

Updated 18 Feb, 2025 09:24am

PM heaps praise on World Bank for cooperation

Says the investment by bank will usher in new era of growth, development across various sectors of the country

Updated 18 Feb, 2025 01:45pm

NA passes 5 bills amid opposition walkout

ISLAMABAD: The National Assembly, Monday, passed five bills amid the protest and walkout of the opposition members....

Updated 18 Feb, 2025 09:27am

CJP Afridi forms administrative bodies

ISLAMABAD: Chief Justice of Pakistan Yahya Afridi has formed multiple administrative committees within the Supreme...

Updated 18 Feb, 2025 08:29am

Jul-Jan exports jump 10.16pc to $19.58bn YoY

ISLAMABAD: Pakistan’s exports witnessed an increase of 10.16 percent during the first seven months (July-January) of...

Published 18 Feb, 2025 03:01am

FASTER-based: Refund processing limit be raised to 12pc, PBC urges FBR

ISLAMABAD: The Pakistan Business Council (PBC) has strongly recommended the Federal Board of Revenue (FBR) to...

Updated 18 Feb, 2025 08:30am

Senate passes Anti-rape (Amendment) Bill

ISLAMABAD: The Upper House of Parliament on Monday passed the Anti-Rape (Investigation and Trial) (Amendment) Bill,...

Published 18 Feb, 2025 03:01am

CJP explains what actually constitutes judiciary’s mandate

ISLAMABAD: The chief justice of Pakistan emphasised the judiciary’s mandate is to interpret the law, underscoring...

Published 18 Feb, 2025 03:01am

UN appeals for $6bn for Sudan crisis aid in 2025

GENEVA: The UN appealed Monday for six billion dollars to provide desperately-needed aid to people in war-ravaged...

Published 18 Feb, 2025 03:01am

EPCL launches Rs11.7bn hydrogen peroxide plant

KARACHI: Engro Polymer & Chemicals (EPCL), a subsidiary of Engro Corporation, has successfully commissioned its...

Updated 18 Feb, 2025 09:28am

Taliban team visits Japan in rare trip outside region

KABUL: A Taliban government delegation was visiting Japan for the first time on Monday, in a rare diplomatic visit...

Published 18 Feb, 2025 03:01am

SC dismisses commissioner IR plea against LHC verdict

ISLAMABAD: The Supreme Court ruled that if a transaction is conducted while the suppliers are active and duly...

Published 18 Feb, 2025 03:01am

India postpones winter games due to lack of snow

NEW DELHI: India suspended its winter games on Monday due to a lack of snow in one of the world’s highest ski...

Published 18 Feb, 2025 03:01am

Business confidence rises, but concerns persist: Gallup

KARACHI: Pakistan’s businessmen are gaining confidence about the prospects of their businesses that they believe are...

Updated 18 Feb, 2025 09:28am

Kazakhstan inks first deal to supply uranium to Switzerland

ALMATY, (Kazakhstan): Switzerland struck a deal with Kazakhstan to buy uranium directly from the world’s largest...

Published 18 Feb, 2025 03:01am

Open manhole claims two lives in Pattoki: CM takes notice

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif expressed strong indignation and displeasure over the deaths of ...

Published 18 Feb, 2025 03:01am

Taxes

Taxpayer allowed ‘evaded’ tax for mentioning ‘wrong’ provision of law in notice

LAHORE: A higher appellate forum has allowed taxpayer to keep evaded tax for mentioning wrong provision of law in...

Published 18 Feb, 2025 03:01am

Cotton & Textile

Dullness persists on cotton market

LAHORE: The local cotton market on Monday remained bearish and the trading volume remained low. Cotton Analyst...

Published 18 Feb, 2025 03:01am

Pakistan-Turkey initiative

EDITORIAL: The recent visit of Turkish President Recep Tayyip Erdogan to Islamabad marks a significant milestone in...

Published 18 Feb, 2025 03:01am

FBR’s strong-arm tactics

EDITORIAL: In yet another display of its highhandedness towards taxpayers, it has come to light that the Federal...

Published 18 Feb, 2025 03:01am

Commodities

Funds snap long buying streak in Chicago corn, soybeans

NAPERVILLE, (Illinois): Last week, speculators were net sellers of Chicago corn and soybeans for the first time in...

Published 18 Feb, 2025 03:01am

Commodities

Copper prices fall

LONDON: Copper prices fell on Monday after investors and traders finished rolling forward positions ahead of a...

Published 18 Feb, 2025 03:01am

Energy

Oil prices steady as Russia-Ukraine peace talks loom

SINGAPORE/MUMBAI: Oil prices were broadly steady on Monday, as investors monitored developments over a possible...

Published 18 Feb, 2025 03:01am

Commodities

Saudi Arabia buys about 920,000 metric tons of wheat in tender

HAMBURG: Saudi Arabia’s main state wheat buying agency, the General Food Security Authority (GFSA), has purchased...

Published 18 Feb, 2025 03:01am

Commodities

Robusta coffee higher while London cocoa also climbs

LONDON: Robusta coffee futures rose on Monday, edging towards last week’s record high, while London cocoa and ...

Published 18 Feb, 2025 03:01am

Commodities

Iron ore slides as cyclone-led supply fears ease in Australia

BEIJING: Prices of iron ore futures slipped on Monday, as concerns over cyclone-related supply disruptions eased in...

Published 18 Feb, 2025 03:01am

Commodities

Japanese rubber futures slide

SINGAPORE: Japanese rubber futures dropped on Monday, as fresh US tariff plans on automobiles kindled fears of a...

Published 18 Feb, 2025 03:01am

Rates

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 315,184 tonnes of cargo comprising 159,969 tonnes of import cargo and ...

Published 18 Feb, 2025 03:01am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday, (February 16, 2025)...

Published 18 Feb, 2025 03:01am

Protecting a national park

EDITORIAL: National parks serve to protect and conserve ecological biodiversity only when left undisturbed by...

Published 18 Feb, 2025 03:01am

Commodities

Malaysian palm oil higher

KUALA LUMPUR: Malaysian palm oil futures recouped the session’s earlier losses to settle higher on Monday, while...

Published 18 Feb, 2025 03:01am

Commodities

PMEX daily trading report

KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 21.629 billion...

Published 18 Feb, 2025 03:01am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (February 17, 2025). ========================== KIBOR...

Published 18 Feb, 2025 03:01am

Forex

Open market rates of foreign currencies

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

Published 18 Feb, 2025 03:01am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (February 17, 2025) . ==================================== BR...

Published 18 Feb, 2025 03:01am

Forex

Dollar's rate in Interbank market

KARACHI: Interbank closing rates for dollar on Monday (February 17, 2025) . ======================== Open Bid...

Published 18 Feb, 2025 03:01am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (February 17, 2025) ....

Published 18 Feb, 2025 03:01am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (February 17, 2025)...

Published 18 Feb, 2025 03:01am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (February 17, 2025)...

Published 18 Feb, 2025 03:01am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (February 17, 2025) ======================================= Offset...

Published 18 Feb, 2025 03:01am

Rates

LME official prices

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

Published 18 Feb, 2025 03:01am

The energy quagmire

Pakistan’s energy sector, which was once hailed as a beacon of progress, now stands as a testament to the perils of...

Published 18 Feb, 2025 03:01am

Non-Banking Microfinance Finance Companies : SECP introduces ‘Consumer Protection Principles’

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has introduced the Consumer Protection...

Published 18 Feb, 2025 03:01am

Transition to 5G: All set to offer spectrum by May or June: MoS

ISLAMABAD: Pakistan is set to offer spectrum by May or June this year as part of its ongoing efforts to enhance...

Published 18 Feb, 2025 03:01am

Commodities

Gold prices make noticeable recovery

KARACHI: Gold prices made a noticeable recovery on Monday, depicting a global market uptrend, traders said. Up by...

Published 18 Feb, 2025 03:01am

Industry

BoP achieves its highest profitability and announces record cash dividend

LAHORE: A meeting of the Board of Directors of The Bank of Punjab (BOP) was held on Monday to review and approve the...

Published 18 Feb, 2025 03:01am

Letters

Trump’s approach to the Russia-Ukraine conflict

The US Secretary of State Marco Rubio has arrived in the Saudi capital ahead of his talks with his Russian...

Published 18 Feb, 2025 03:01am

First phase of country’s largest bio-methane plant inaugurated

KARACHI: Special Assistant to the Chief Minister of Sindh on Investment and Public-Private Partnership, Syed Qasim...

Published 18 Feb, 2025 03:01am

WB team expresses satisfaction over Sindh’s projects

ISLAMABAD: In a meeting with the Chief Minister of Sindh Syed Murad Ali Shah and the provincial cabinet in...

Published 18 Feb, 2025 03:01am

Huge quantity of gutka seized

KARACHI: The Enforcement Collectorate Karachi has seized a huge quantity of smuggled Indian-manufactured gutka worth...

Published 18 Feb, 2025 03:01am

Road accidents: JI files petition in SHC

KARACHI: Jamaat-e-Islami (JI) Karachi chapter on Monday filed a petition in the Sindh High Court (SHC) against the...

Published 18 Feb, 2025 03:01am

PIA to operate special charter flights for Champions Trophy

KARACHI: Pakistan International Airlines (PIA) has announced comprehensive travel arrangements for international...

Published 18 Feb, 2025 03:01am

Sindh Assembly re-approves two key bills amid opposition’s protest

KARACHI: The Sindh Assembly, in a stormy session on Monday, re-approved the Sindh Universities and Institutes Laws...

Published 18 Feb, 2025 03:01am

The Weather

KARACHI: The weather report on Monday (February 17, 2025) and the forecast for Tuesday (February 18, 2025)...

Published 18 Feb, 2025 03:01am

Money & Banking

Yuan jumps to 3-week high

SHANGHAI: China’s yuan rose to a three-week high against the dollar on Monday, underpinned by contrasting data in...

Published 18 Feb, 2025 03:01am

Money & Banking

Yen rallies on growth data

SINGAPORE/LONDON: The yen rose on Monday in a boost from upbeat Japanese growth data, while the dollar hovered near...

Published 18 Feb, 2025 03:01am

Stocks

Sri Lanka shares end higher

COLOMBO: Sri Lankan shares closed higher on Monday, aided by communication services and financial stocks. The CSE...

Published 18 Feb, 2025 03:01am

Stocks

Asian fx higher on bets of US rate cut

BENGALURU: Indonesia led the gains in Southeast Asian currencies and equities on Monday, after weak US economic data...

Published 18 Feb, 2025 03:01am

Stocks

European stocks mark record closing high as defence stocks soar

FRANKFURT: European shares marked a record closing high on Monday, boosted by defence stocks as investors priced in...

Published 18 Feb, 2025 03:01am

Stocks

FTSE 100 up on defence boost

LONDON: Britain’s benchmark index closed higher on Monday, supported by aerospace and defence stocks, while some...

Published 18 Feb, 2025 03:01am

Stocks

Tech stocks dip in HK on profit taking; China shares higher

HONG KONG: Hong Kong equities retreated from recent highs on Monday, while Chinese stocks ended slightly higher as...

Published 18 Feb, 2025 03:01am

Stocks

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 13	280.10
USD PKR Interbank Buying / Mar 13	279.90
USD to Japanese Yen / Mar 13	148.33
USD to Swiss Franc / Mar 13	0.88
Pound Sterling to USD / Mar 13	1.29
Euro to USD / Mar 13	1.08
UK LIBOR % / Mar 13	4.96

Stock	Volume
S&P 500 / Mar 13	5,521.52
India Sensex / Mar 13	73,828.91
Tokyo Nikkei / Mar 13	37,000.28
Nasdaq / Mar 13	17,303.01
Hang Seng / Mar 13	23,981.73
FTSE 100 / Mar 13	8,542.56
Dow Jones / Mar 13	40,813.57
Germany DAX 30 / Mar 13	22,567.14
France CAC40 / Mar 13	7,938.21

Item	Value
Crude Oil USD/Barrel / Mar 13	67.09
Karachi Cotton PKR/37.32 KG / Mar 13	17,285
Gold 10 Grams PKR / Mar 13	265,174
Gold Spot USD/Ounce / Mar 13	2,987.70
Cotton US¢/pound / Mar 13	66.98
Petrol/Litre / Mar 14	255.63
Diesel/Litre / Mar 14	258.64

Gainers
Losers
Leaders

Stock	Price
Frontier Ceram / Mar 14 Frontier Ceramics Limited(FRCL)	20.89 ▲ 1.9 (10.01%)
At-Tahur Ltd. / Mar 14 At-Tahur Limited(PREMA)	47.08 ▲ 4.28 (10%)
Sanghar Sugar / Mar 14 Sanghar Sugar Mills Limited(SANSM)	43.46 ▲ 3.95 (10%)
Apna Microfin. / Mar 14 Apna Microfinance Bank Limited(AMBL)	11.10 ▲ 0.87 (8.5%)
First Fid. Leasing / Mar 14 First Fidelity Leasing Modaraba(FFLM)	2.20 ▲ 0.17 (8.37%)
Hussain Industries / Mar 14 Husein Industries Limited(HUSI)	30.56 ▲ 2.27 (8.02%)
Abdullah Shah / Mar 14 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	6.32 ▲ 0.46 (7.85%)
Universal Ins. / Mar 14 The Universal Insurance Company Limited(UVIC)	9.20 ▲ 0.67 (7.85%)
Pak. P.V.C. / Mar 14 Pakistan PVC Limited(PPVC)	8.85 ▲ 0.64 (7.8%)
B. F. Mod. / Mar 14 B.F. Modaraba(BFMOD)	7.89 ▲ 0.57 (7.79%)

Stock	Price
St.Chart.Bank / Mar 14 Standard Chartered Bank (Pak) Ltd(SCBPL)	58.60 ▼ -6.8 (-10.4%)
Sardar Chemical / Mar 14 Sardar Chemical Industries Limited(SARC)	32.05 ▼ -3.45 (-9.72%)
Sindh Abadgar / Mar 14 Sindh Abadgar's Sugar Mills Limited(SASML)	53.60 ▼ -5.59 (-9.44%)
Tri-Star Mutual / Mar 14 Tri-Star Mutual Fund Limited(TSMF)	7.26 ▼ -0.75 (-9.36%)
Elahi Cot. / Mar 14 Elahi Cotton Mills Limited(ELCM)	110.01 ▼ -11.15 (-9.2%)
Askari Bank / Mar 14 Askari Bank Limited(AKBL)	39 ▼ -3.94 (-9.18%)
National Bank / Mar 14 National Bank of Pakistan(NBP)	74 ▼ -7.2 (-8.87%)
Oilboy Energy / Mar 14 Oilboy Energy Limited(OBOY)	10.04 ▼ -0.96 (-8.73%)
Shadab Textile / Mar 14 Shadab Textile Mills Limited(SHDT)	20.60 ▼ -1.95 (-8.65%)
PIA Holding Co.B / Mar 14 PIA Holding Company Limited B(PIAHCLB)	850.10 ▼ -78.37 (-8.44%)

Stock	Volume
B.O.Punjab / Mar 14 The Bank of Punjab(BOP)	48,802,683 ▼ -0.08
Barkat Frisian Agro / Mar 14 Barkat Frisian Agro Limited(BFAGRO)	24,680,233 ▲ 1.19
Fauji Cement / Mar 14 Fauji Cement Company Limited(FCCL)	19,660,929 ▲ 0.29
Maple Leaf Cement / Mar 14 Maple Leaf Cement Factory Limited(MLCF)	16,104,740 ▲ 0.56
Fauji Foods Ltd / Mar 14 Fauji Foods Limited(FFL)	13,802,375 ▲ 0.68
Cnergyico PK / Mar 14 Cnergyico PK Limited(CNERGY)	13,785,111 ▲ 0.03
Sui South Gas / Mar 14 Sui Southern Gas Company Limited(SSGC)	13,148,794 ▲ 0.13
D.G.K.Cement / Mar 14 D.G. Khan Cement Company Limited(DGKC)	12,175,485 ▲ 1.15
P.S.O. / Mar 14 Pakistan State Oil Company Limited(PSO)	10,540,509 ▼ -4.39
WorldCall Telecom / Mar 14 Worldcall Telecom Limited(WTL)	10,462,148 ▲ 0.01

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