News Archives for Print - 2025-02-24

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Print - 2025-02-24

Minister announces Rs3m assistance for special children

KARACHI: Provincial Minister for Planning and Development Sindh Syed Nasir Hussain Shah announced Rs3 million...

Published 24 Feb, 2025 08:37am

Companies

StanChart Pakistan announces winners of WomenInTech Cohort 6

KARACHI: Standard Chartered Bank in partnership with INNOVentures Global (Private) Limited announced the winners of...

Published 24 Feb, 2025 08:35am

Barkhan attack: PDP demands govt provide security to passengers

KARACHI, Strongly condemning the recent killing of seven bus travellers in Barkhan area of Balochistan, Pasban...

Published 24 Feb, 2025 08:33am

Companies

Faysal Bank earns Rs50.4bn profit before tax in FY24

KARACHI: Faysal Bank Limited (FBL) continued its success story in 2024, demonstrating strong financial resilience ...

Published 24 Feb, 2025 08:31am

44th board meeting of SPPRA held

KARACHI: The 44th board meeting of the Sindh Public Procurement Regulatory Authority (SPPRA) was held under the...

Published 24 Feb, 2025 08:28am

Companies

‘1st Faysal Bank SOP Unified Marathon 2025’ held

LAHORE: Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic Bank, in partnership with Special Olympics...

Published 24 Feb, 2025 08:25am

Companies

Share purchase of TRG Pakistan: Greentree Holdings says will bring in $50m foreign exchange inflows

KARACHI: Greentree Holdings Limited has said it will bring foreign exchange inflows of over $50 million to Pakistan...

Published 24 Feb, 2025 08:22am

Literature

LLF concludes with literary brilliance, cultural grandeur

LAHORE: The 13th edition of the Lahore Literary Festival (LLF) reached its magnificent culmination at the Alhamra ...

Published 24 Feb, 2025 08:20am

5th Int’l Students Convention & Expo begins

FAISALABAD: The 5th International Students Convention and Expo 2025 has started from February 23 to 25, jointly...

Published 24 Feb, 2025 08:18am

Rabbani lauds PST efforts aimed at promoting reading, writing culture

ISLAMABAD: Former chairman of the Senate Raza Rabbani has called for reviving the vital link that exists between the...

Published 24 Feb, 2025 08:13am

Three-Day Saka Nankana concludes

LAHORE: The three-day religious event commemorating the historic Saka Nankana concluded at the Gurdwara Nankana...

Published 24 Feb, 2025 08:11am

Reforming structural flaws in FPTP system: FAFEN for immediate parliamentary, political action

ISLAMABAD: The representativeness of Pakistan’s electoral outcomes has not shown any improvement over the past two...

Published 24 Feb, 2025 08:08am

ICC Champions Trophy match: LWMC ensures spotless cleanliness at Qaddafi Stadium

LAHORE: The Lahore Waste Management Company (LWMC) successfully delivered on its commitment to maintaining top-tier...

Published 24 Feb, 2025 08:04am

Beyond the Crash: A Transformation of Spirit

The book, Seat 1C, serves as a poignant reflection on resilience and transformation, evoking memories of a tragic...

Published 24 Feb, 2025 07:47am

Germany election crucial for Eurozone economy

Softer economic data from the US is hindering recovery and negatively impacting consumer sentiment, which relies on...

Published 24 Feb, 2025 07:33am

Periodic table of elements versus Constitution

The subject of Chemistry revolves around the Periodic Table in which 118 known elements are arranged in rows and...

Published 24 Feb, 2025 07:27am

Only export-led growth

Pakistan’s inflation growth rate is clocking below 3% in current months; the dollar is stable; foreign reserves ...

Published 24 Feb, 2025 07:22am

Letters

Rs20 and Rs10 notes printing must resume

I want to highlight a serious issue being faced by our less fortunate citizens of our country who are unable to...

Published 24 Feb, 2025 07:08am

Simply unforgivable

EDITORIAL: The revelation of a land allotment scandal at Port Qasim, potentially costing the national exchequer Rs60...

Published 24 Feb, 2025 06:58am

Barkhan bloodshed

EDITORIAL: Bad news keeps coming from the troubled province of Balochistan. In a horrific incident on Tuesday night...

Published 24 Feb, 2025 06:57am

Export-led growth: first and last option

EDITORIAL: The country’s current account (C/A) posted a deficit of US$420 million in January 2025 after three...

Published 24 Feb, 2025 06:49am

Consultations begin prior to ‘Uraan’ takeoff

The first consultative workshop is scheduled to take place today

Updated 24 Feb, 2025 02:28pm

Rates

PSX witnesses positive trend

KARACHI: Pakistan Stock Exchange witnessed positive trend during the outgoing week ended on February 21, 2025 on the...

Published 24 Feb, 2025 06:23am

Rates

Futures spread down 222bps

KARACHI: The futures spread declined by 222bps to 10.80 percent on the last day of the outgoing week. Trading...

Published 24 Feb, 2025 06:23am

Ministerial body recommends selling Discos to private sector

ISLAMABAD: The government’s ministerial committee has recommended that power Distribution Companies (Discos) will be...

Updated 24 Feb, 2025 02:31pm

Azerbaijan invited to invest in motorways sector

ISLAMABAD: Federal Minister for Board of Investment, Privatization, and Communications, Abdul Aleem Khan, along with...

Updated 24 Feb, 2025 02:31pm

NDMA sends 100 tons of essential relief to Gaza

ISLAMABAD: The National Disaster Management Authority (NDMA) has sent a 14th humanitarian relief consignment,...

Published 24 Feb, 2025 06:23am

CDA starts renovation of PIMS

ISLAMABAD: The administration of Pakistan Institute of Medical Sciences (PIMS) has started full renovation of the...

Published 24 Feb, 2025 06:23am

Tarar highlights challenge of disinformation

LAHORE: Federal Minister for Information and Broadcasting Attaullah Tarar said on Sunday that youths had played a...

Published 24 Feb, 2025 06:23am

Injustices against women in Sindh Speakers advocate strict implementation of laws

KARACHI: Second Sindhi Women’s Day (Sindhi Naari Dihaaro) was observed on Saturday at the Karachi Press Club under...

Published 24 Feb, 2025 06:23am

Industry

APPDA rejects govt’s decision to deregulate oil prices

ISLAMABAD: The All Pakistan Petroleum Dealers Association (APPDA) rejected the government’s decision to deregulate...

Published 24 Feb, 2025 06:23am

Two foreign tourists rescued at Siri Paye

KAGHAN: Two foreign tourists who lost their way while skiing at the scenic spot of Siri Paye in Kaghan valley were...

Published 24 Feb, 2025 06:23am

FAPUASA assails govt for failing to restore 25pc tax rebate for teachers

LAHORE: The Federation of All Pakistan Universities Academic Staff Associations (FAPUASA Pakistan) on Sunday...

Published 24 Feb, 2025 06:23am

NAB officer found dead in guest house

ISLAMABAD: A mysterious death of a high-ranking officer of the National Accountability Bureau (NAB) has been ...

Published 24 Feb, 2025 06:23am

Unlisted cos allowed to issue shares by way of other than right

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has allowed unlisted companies to issue shares...

Updated 24 Feb, 2025 09:06am

American Airlines says its flight diverted to Rome after security concern

WASHINGTON/ ROME: An American Airlines flight from New York to New Delhi was diverted to Rome on Sunday due to a...

Published 24 Feb, 2025 06:23am

Africa

Wide power cuts in S Africa in new electricity failure

JOHANNESBURG: Power was abruptly cut to large parts of South Africa Sunday and the national energy provider...

Published 24 Feb, 2025 06:23am

‘Fake educational institutions’: FTO to submit detailed report to President

ISLAMABAD: Federal Tax Ombudsman (FTO) will submit a detailed report to President of Pakistan on a reference...

Updated 24 Feb, 2025 08:52am

Taxes

Windfall tax: FBR recovers Rs 23bn from 16 banks

ISLAMABAD: The Federal Board of Revenue (FBR) has recovered Rs 23 billion from 16 banks on account of windfall tax...

Published 24 Feb, 2025 06:23am

Rates

0.13pc decline

KARACHI: Rupee depreciated against the US dollar during the previous week as it lost Re0.36 or 0.13% in the...

Published 24 Feb, 2025 06:23am

Budget preparations commence in consultation with traders: Aurangzeb

LAHORE: Federal Finance Minister Muhammad Aurangzeb on Sunday said that economic stability has been achieved and the...

Updated 24 Feb, 2025 09:24am

PM arrives in Baku for two-day official visit

BAKU: Prime Minister of Pakistan, Muhammad Shehbaz Sharif, arrived in Baku for a two-day official visit to the...

Published 24 Feb, 2025 06:23am

Trump says US wants return on Ukraine aid money

NATIONAL HARBOR, (United States): US President Donald Trump said on Saturday he was trying to get money back for the...

Published 24 Feb, 2025 06:23am

Sharjeel vows commitment to development projects

HYDERABAD: Senior Provincial Minister for Information, Transport, and Mass Transit Sharjeel Inam Memon reiterated ...

Published 24 Feb, 2025 06:23am

Stocks

Indian equity benchmarks log weekly losses on US tariff risks

MUMBAI: India’s benchmark indexes fell for the fourth straight session and recorded weekly losses, weighed down by...

Published 24 Feb, 2025 06:23am

Companies

HSBC delays net-zero emissions target by 20 years

LONDON: HSBC is ditching its target of reaching net-zero carbon emissions across its business by 2030 because of ...

Published 24 Feb, 2025 06:23am

Prayers for Pope as Vatican reports peaceful night of rest

VATICAN CITY: Pope Francis’s ninth night in hospital passed peacefully after a respiratory attack that sparked...

Published 24 Feb, 2025 06:23am

Asia

Japan’s emperor hopes for peace, 80 years after WWII end

TOKYO: Japan’s Emperor Naruhito renewed his wish for world peace on his birthday, marking the 80th anniversary of...

Published 24 Feb, 2025 06:23am

Africa

Sudan’s RSF, allies sign charter for rival govt

NAIROBI: Sudan’s paramilitary Rapid Support Forces and its allies have agreed to form a parallel government, they...

Published 24 Feb, 2025 06:23am

French N-powered carrier makes first visit to Philippines

SUBIC BAY FREEPORT ZONE (Philippines): Rising tensions in the South China Sea have made freedom of navigation...

Published 24 Feb, 2025 06:23am

Europe

$350bn Ukraine’s ‘critical’ resources in Russian-held territory: Kyiv

KYIV: Around $350 billion of worth of Ukraine’s critical resources are in areas captured by Russia, Ukrainian...

Published 24 Feb, 2025 06:23am

UN chief calls for Ukraine peace deal respecting ‘territorial integrity’

UNITED NATIONS: UN Secretary-General Antonio Guterres called Sunday, on the eve of a key United Nations vote, for a...

Published 24 Feb, 2025 06:23am

Kremlin hails Putin-Trump dialogue as promising

MOSCOW: The Kremlin on Sunday hailed dialogue between Donald Trump and Vladimir Putin — two “extraordinary”...

Published 24 Feb, 2025 06:23am

ILMA University hosts 20th Convocation

KARACHI: ILMA University proudly hosted its 20th Convocation marking a momentous occasion for over 450 graduates,...

Published 24 Feb, 2025 06:23am

Stocks

British equities flat as investors weigh mixed data

LONDON: British stocks ended flat on Friday as investors reacted to mixed economic data this week that left the Bank...

Published 24 Feb, 2025 06:23am

Pakistan-Japan Relations

Pakistan and Japan entered progressive partnership soon after World War II which ended in 1945 with Japan having...

Published 24 Feb, 2025 06:23am

Tasty Japan: Time to Eat! Kumi-ame Hard Candy

Kumi-ame is a candy made in long cylinders that show the same design wherever they are cut. The discs, cut on a...

Published 24 Feb, 2025 06:23am

Message from Itaru Nakamura, Senior Vice Chairman Pakistan-Japan Business Forum

This year 2025 is Reiwa 7th, and this February 23rd is 6th celebration time for the birthday of His Majesty ...

Published 24 Feb, 2025 06:23am

Message from Murtaza Y. Mandviwalla, PJBF’s Chairman

On behalf of the Board of Directors and our 150 strong members of the Pakistan-Japan Business Forum (PJBF) I wish ...

Published 24 Feb, 2025 06:23am

Message from Akira Terakawa, Chairman of the Japan-Pakistan Business Co-operation Committee

I would like to extend my heartfelt congratulations to His Majesty The Emperor of Japan on His birthday. This...

Published 24 Feb, 2025 06:23am

Message from Hattori Masaru, Consul General of Japan in Karachi

On this occasion, I would like to extend my sincere congratulations to His Majesty the Emperor Naruhito on his 65th...

Published 24 Feb, 2025 06:23am

Message from Raza Bashir Tarar, Ambassador of Pakistan to Japan

We are honoured to extend felicitations on His Majesty’s Birthday and the National Day of Japan. We wish His...

Published 24 Feb, 2025 06:23am

Message from Shuichi Akamatsu, Ambassador of Japan to Pakistan

I would like to celebrate the occasion of the 65th birthday of His Majesty Naruhito the Emperor of Japan, with the...

Published 24 Feb, 2025 06:23am

Rates

Automart: car prices in Karachi

KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Sunday (February...

Published 24 Feb, 2025 06:23am

Cotton & Textile

Weekly Cotton Review: Bearish trend persists amid low trade volumes

KARACHI: The cotton market continues to face a bearish trend, with trading activity remaining limited....

Published 24 Feb, 2025 06:23am

APNS condolence

KARACHI: “Nazafreen Saigol Lakhani, President and Sarmad Ali, Secretary General of the All Pakistan Newspapers...

Published 24 Feb, 2025 06:23am

PMD predicts countrywide rain spell

ISLAMABAD: The Pakistan Meteorological Department (PMD) has forecast a new spell of rain in the country from Monday...

Published 24 Feb, 2025 06:23am

Death anniversary of Rehman Malik observed

ISLAMABAD: The third death anniversary of former Interior Minister and senior Pakistan Peoples Party leader, Senator...

Published 24 Feb, 2025 06:23am

Companies

NBP applauded for promoting equal opportunities and inclusivity at Career Fairs

KARACHI: National Bank of Pakistan (NBP) is reaffirming its commitment to fostering equal opportunities and ...

Published 24 Feb, 2025 06:23am

TDAP, US consul general discuss bilateral trade, investment

LAHORE: The Trade Development Authority of Pakistan (TDAP) Lahore welcomed Kristin K Hawkins, Consul General of the...

Updated 24 Feb, 2025 08:57am

‘It’s time to make mark in global fashion industry’

ISLAMABAD: “By nurturing talent, fostering innovation, and adhering to global standards, Pakistan-made fashion can...

Updated 24 Feb, 2025 09:02am

Forces kill 7 terrorists in DI Khan

RAWALPINDI: Security Forces on Sunday killed seven terrorists in two separate engagements in Dera Ismail Khan...

Published 24 Feb, 2025 06:23am

Nawaz’s era marked by prosperity and record public service: Azma

LAHORE: Punjab Information Minister Azma Bokhari has said that Nawaz Sharif’s era is marked by prosperity and...

Published 24 Feb, 2025 06:23am

Italy wants to strengthen its ties with Pakistan: ambassador

LAHORE: Italian Ambassador to Pakistan, Marilina Armenlin has said that Italy is keen to further promote bilateral...

Updated 24 Feb, 2025 08:56am

CM Maryam launches ‘Chief Minister Punjab Transplant Programme’

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif launched the first most comprehensive transplant programme in...

Published 24 Feb, 2025 06:23am

The Weather

KARACHI: The weather report on Sunday (February 23, 2025) and the forecast for Monday (February 24, 2025)....

Published 24 Feb, 2025 06:23am

SOEs burden on taxpayers no surprise

Conventional economic theory argues that pursuit of privatisation is to enhance service quality, attract private...

Updated 24 Feb, 2025 07:14am

Rethinking energy sector reforms

Recently, eight multilateral development finance institutions, including the Asian Development Bank and ...

Updated 24 Feb, 2025 07:17am

‘Several hydel projects are nearing completion’

PESHAWAR: Secretary Energy and Power Muhammad Zubair Khan has said that several ongoing energy (hydel) projects are...

Updated 24 Feb, 2025 09:26am

Jetour introduces two latest models in Pakistan

LAHORE: Jetour, a leading innovator in the automotive industry, has officially launched its operations in Pakistan...

Updated 24 Feb, 2025 09:24am

Stocks

Wall Street Week Ahead: Nvidia to offer AI trades reality check

NEW YORK: Nvidia’s profit report next week could steer the US stock market’s course, as investors seek...

Published 24 Feb, 2025 06:23am

Money & Banking

Russian rouble at highest vs dollar

MOSCOW: The Russian rouble hit new highs against the US dollar and China’s yuan on Friday after a top US official...

Published 24 Feb, 2025 06:23am

Money & Banking

Sterling stalls at 2-month highs after PMI

LONDON: The pound traded around two month-highs on Friday after data showed UK consumer spending picked up much more...

Published 24 Feb, 2025 06:23am

Stocks

Australian shares post worst week in 2-1/2 years

SYDNEY: Australian shares closed lower on Friday, rounding off their worst week in nearly two-and-a-half years as...

Published 24 Feb, 2025 06:23am

Stocks

Indian rupee slips on weak equities

MUMBAI: The Indian rupee weakened slightly on Friday, pressured by dollar demand from importers and weakness in ...

Published 24 Feb, 2025 06:23am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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