News Archives for Print - 2025-03-12

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Print - 2025-03-12

Admission to medical colleges: Senate panel recommends uniform IT-based MDCAT

ISLAMABAD: The Senate Standing Committee on National Health Services Regulations and Coordination has recommended...

Published 12 Mar, 2025 03:03am

FBR tells IHC: Taxmen’s transfer to admin pool no punitive step

ISLAMABAD: The Federal Board of Revenue (FBR) has assured the Islamabad High Court (IHC) that the placement of tax...

Updated 12 Mar, 2025 08:53am

Gulf states: NLC launches first containerised flagship shipping service

ISLAMABAD: The National Logistics Corporation (NLC) has launched Pakistan’s first containerised flagship shipping...

Published 12 Mar, 2025 03:03am

‘Really suffocating’: Pakistan emerges from record smog season

LAHORE: Tens of millions of Pakistanis spent at least four months breathing toxic air pollution 20 times above safe...

Published 12 Mar, 2025 03:03am

Cotton & Textile

CCCPE body for measures to arrest cotton output slide

ISLAMABAD: Committee on Cotton Crop Production Enhancement (CCCPE) on Tuesday called for concrete measures for...

Published 12 Mar, 2025 03:03am

Commodities

Gold prices stay firm

KARACHI: Gold prices continued to stay firm on Tuesday reflecting stagnant global market around $2,900 per ounce,...

Published 12 Mar, 2025 03:03am

Companies

vivo V50 5G launched in Pakistan

KARACHI: vivo launched its most advanced portrait flagship smartphone, vivo V50 5G, redefining the user experience...

Published 12 Mar, 2025 03:03am

Sharjeel condemns attack on Jaffer Express

KARACHI: Sindh Senior Minister Sharjeel Inam Memon strongly condemned the terrorist attack on the Jaffer Express in...

Published 12 Mar, 2025 03:03am

Money & Banking

SBP BSC celebrates International Women’s Day 2025

KARACHI: The State Bank of Pakistan Banking Services Corporation (SBP BSC North Nazimabad) celebrated International...

Published 12 Mar, 2025 03:03am

Murad stresses need for modernizing livestock sector

KARACHI: Sindh Chief Minister Syed Murad Shah emphasised the need for the Fisheries and Livestock Department to...

Published 12 Mar, 2025 03:03am

Industry

FPCCI delegation calls on Bilawal

ISLAMABAD: A delegation of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), led by its chairman...

Published 12 Mar, 2025 03:03am

MENA

Dubai retains top ranking for greenfield FDI projects, attracts $14.24bn in 2024

Main sources of FDI for projects in UAE remain India, US and UK

Updated 12 Mar, 2025 01:12pm

2024 season: Sindh outperforms Punjab in per-acre cotton yield

LAHORE: Sindh has outperformed Punjab in per-acre cotton yield during the 2024 season, while Punjab has faced a ...

Published 12 Mar, 2025 03:03am

National T20 Cup to start on 14th

LAHORE: The National T20 Cup 2024-25 will commence from Friday (14th March) with 18 teams from 16 regions set to...

Published 12 Mar, 2025 03:03am

‘CM has set high example of transparency in governance’

LAHORE: “Corruption is a red line, cannot be tolerated under any circumstances,” said Chief Minister Punjab Maryam...

Published 12 Mar, 2025 03:03am

ATC extends interim pre-arrest bail of Swati

LAHORE: The Anti-Terrorism Court on Tuesday extended the interim pre-arrest bail of PTI former senator Azam Swati in...

Published 12 Mar, 2025 03:03am

Companies

NESPAK team up with Synergy Inc, launches ‘HEAL PAKISTAN’ initiative

LAHORE: Pakistan stands at a critical juncture in its battle against climate change, demanding urgent and unified...

Published 12 Mar, 2025 03:03am

Appellate forum sets aside additional demand raised by tax department

LAHORE: An appellate forum has set aside an additional demand raised by the tax department based on the...

Published 12 Mar, 2025 03:03am

Price control drive in Lahore stepped up

LAHORE: The Lahore district administration has ramped up efforts to combat inflation and profiteering across the...

Published 12 Mar, 2025 03:03am

School education in Punjab: Maryam announces ‘CM Education & Eminence Card’

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif has taken revolutionary steps for promotion of education, as it...

Published 12 Mar, 2025 03:03am

Punjab Ramazan package disbursed to 2.5m people: Azma

LAHORE: Punjab Information Minister Azma Bokhari has said that the Ramadan package has been delivered to 2.5 million...

Published 12 Mar, 2025 03:03am

China wraps up key political meet

BEIJING: China on Tuesday concluded one of its biggest political events of the year with a call to “struggle...

Published 12 Mar, 2025 03:03am

Europe

Ukraine backs US proposal for 30-day ceasefire in war with Russia

JEDDAH: Ukraine endorsed an American proposal for a 30-day ceasefire and agreed to immediate negotiations with...

Published 12 Mar, 2025 03:03am

Commodities

BD gets offers in tender to buy 50,000 tons of rice

HAMBURG: The lowest price offered in the tender from Bangladesh’s state grains buyer to purchase 50,000 metric ...

Published 12 Mar, 2025 03:03am

IMF’s $1bn second tranche crucial for country: PM

ISLAMABAD: Prime Minister Shehbaz Sharif Tuesday said the second tranche of about $1 billion from the International...

Updated 12 Mar, 2025 02:08pm

Industry

Alleged cartelization in steel market: CCP issues show cause notices to ISL & ASML

ISLAMABAD: The Competition Commission of Pakistan (CCP) has issued Show Cause Notices to two largest players in ...

Published 12 Mar, 2025 03:03am

Senate informed: ‘USF disbursed Rs9.5bn to enhance telecom connectivity in KP’

ISLAMABAD: The Senate was informed on Tuesday that the Universal Service Fund (USF) has disbursed Rs9.5 billion to...

Published 12 Mar, 2025 03:03am

Companies

inDrive partnered with PSO DIGICASH

KARACHI: inDrive, ride-hailing platform, has announced a strategic partnership with PSO DIGICASH, the fuel ...

Published 12 Mar, 2025 03:03am

Father kills himself after daughter ordered to marry to settle dispute

PESHAWAR: A father killed himself after a tribal council ordered that his 12-year-old daughter be forcibly married ...

Published 12 Mar, 2025 03:03am

Industry

Counterfeit, substandard medicines: DRAP asked to utilise all resources

ISLAMABAD: Federal Minister for National Health Services, Regulations and Coordination Syed Mustafa Kamal, Tuesday,...

Published 12 Mar, 2025 03:03am

Stocks

Another lower session on PSX

KARACHI: The Pakistan Stock Exchange (PSX) on second consecutive day closed lower as State Bank of Pakistan (SBP)...

Published 12 Mar, 2025 03:03am

SBP bill: Controversy resurges

ISLAMABAD: The final day of the Senate session saw resurgence of the controversy involving the State Bank of...

Updated 12 Mar, 2025 09:22am

UK NCA settlement: £190m to be used to set up university: PM

ISLAMABAD: Prime Minister Shehbaz Sharif Tuesday announced that £190 million – approximately Rs54 billion – had...

Published 12 Mar, 2025 03:03am

SC grills govt on super tax

ISLAMABAD: The Supreme Court questioned how much funds the federal government has collected in terms of super tax...

Updated 12 Mar, 2025 08:52am

Govt reaffirms commitment to SDGs

ISLAMABAD: Minister for Finance Senator Muhammad Aurangzeb has reaffirmed Pakistan’s commitment to working with its...

Updated 12 Mar, 2025 08:54am

IMF’s Resilience and Sustainability Facility: Dar reviews progress

ISLAMABAD: Deputy Prime Minister/Foreign Minister Senator Ishaq Dar, chaired a meeting to review progress on...

Updated 12 Mar, 2025 03:05pm

Commodities

Soybeans near one-week low on worries

SINGAPORE: Chicago soybeans slid for a third consecutive session on Tuesday, with prices dropping to their lowest in...

Published 12 Mar, 2025 03:03am

Planned Roosevelt Hotel sell-off: Finally, CCoP forces itself to speed up process

Cabinet Committee on Privatisation reiterates government’s commitment to streamlining privatisation efforts to enhance economic viability and attract investment

Updated 12 Mar, 2025 03:04pm

Tariff readjustment: MoF weighs impact of DFIs’ joint letter

ISLAMABAD: Ministry of Finance (MoF) is reportedly weighing the impact of a joint letter written by eight...

Updated 12 Mar, 2025 09:23am

Re-export of refined sugar: PM forms IMC to examine regional models for raw sugar import

ISLAMABAD: Prime Minister Shehbaz Sharif has formed an Inter-Ministerial Committee (IMC) to examine regional models...

Updated 12 Mar, 2025 08:59am

Sugar legally exported to Afghanistan first time: Aurangzeb

ISLAMABAD: Finance Minister Muhammad Aurangzeb said Tuesday that the effective monitoring of sugar mills during...

Updated 12 Mar, 2025 09:29am

CPEC projects: Pakistan, China to hold 14th JCC meeting in July

ISLAMABAD: Pakistan and China agreed to hold upcoming 14th Joint Cooperation Committee (JCC) meeting on the...

Published 12 Mar, 2025 03:03am

UNSC informed: Afghan officials complicit in escalating TTP attacks

NEW YORK: Highlighting the threat posed by the 6,000-strong Tehreek-e-Taliban Pakistan (TTP) to Afghanistan’s...

Published 12 Mar, 2025 03:03am

Passengers taken hostage in Bolan train attack

QUETTA: Militants have taken 35 passengers hostage after attacking a train in Balochistan, and nearly 350 other...

Published 12 Mar, 2025 03:03am

Water distribution: Bilawal advocates need for forging consensus

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari expressed his concerns over water...

Published 12 Mar, 2025 03:03am

Arab nations condemn Israel’s Gaza electricity cut

RIYADH: Saudi Arabia, Qatar and Jordan on Tuesday condemned Israel’s decision to cut electricity supply to the...

Published 12 Mar, 2025 03:03am

Asia

Ex-Philippine leader Duterte bound for Hague over ICC drug war case

MANILA: Former Philippines leader Rodrigo Duterte left Manila on a jet on Tuesday bound for The Hague, President...

Published 12 Mar, 2025 03:03am

Punjab PA passes resolution to establish its own ‘Senate’

LAHORE: The Punjab Assembly on Tuesday passed a resolution with a majority vote demanding an establishment of a...

Published 12 Mar, 2025 03:03am

Ritual of lip service

EDITORIAL: International Women’s Day has come and gone, but for half of Pakistan’s population, the struggle for...

Published 12 Mar, 2025 03:03am

‘Hit-and-run case’ Acquittal of SC judge’s daughter challenged in IHC

ISLAMABAD: The acquittal of Shanzey Malik, daughter of a Supreme Court judge, in a hit-and-run case has been...

Published 12 Mar, 2025 03:03am

Shortage of official accommodations in Ministers’ Enclave: Cabinet expansion gives birth to concerns

ISLAMABAD: The recent expansion of the federal cabinet has raised concerns over the shortage of official...

Published 12 Mar, 2025 03:03am

Letters

Attack on Jaffar Express: Naqvi must become part of solution

Yesterday’s Sibi incident has sent shivers down everybody’s spine. There were reports of intense firing at Jaffar...

Published 12 Mar, 2025 03:03am

Energy

Mining sector: Vast reserves of minerals provide solid foundation: OGDCL

ISLAMABAD: Pakistan is blessed with an abundance of mineral resources that hold immense potential for economic...

Published 12 Mar, 2025 03:03am

Money & Banking

UBL completes acquisition of Silkbank

KARACHI: United Bank Limited (UBL) announced the successful amalgamation of Silkbank Limited (SBL) with and into...

Published 12 Mar, 2025 03:03am

SAI chief stresses need for lowering policy rate to fuel industrial growth

KARACHI: Business community has urged the government and the State Bank to lower the policy rate in line with...

Published 12 Mar, 2025 03:03am

AI for equity: bridging gaps in developing countries

The rapid advancement of Generative AI tools, AI agents, and other transformative technologies presents a unique...

Published 12 Mar, 2025 03:03am

Companies

Sindh, PR ink MoU on Thar rail line

KARACHI: A memorandum of understanding (MoU) signing ceremony between the Sindh Energy Department and Pakistan...

Published 12 Mar, 2025 03:03am

Feb car sales increase 24pc YoY: PAMA

KARACHI: Pakistan car sales in Pakistan clocked in at 12,084 units in Feb 2025, reflecting a 24 percent YoY while a...

Published 12 Mar, 2025 03:03am

Politics and economy

Perhaps a better caption could have been politicians and economics but a fair sense of judgement prevailed. The...

Published 12 Mar, 2025 03:03am

Well-meaning but demeaning

Nice but dicey. Great but overwhelming. Cooperative but suffocating. These are some comments about people who keep...

Published 12 Mar, 2025 03:03am

Pak envoy was denied entry to US, confirms FO

ISLAMABAD: Foreign Office (FO) has confirmed on Tuesday that Pakistan’s Ambassador to Turkmenistan has been denied...

Published 12 Mar, 2025 03:03am

Holding key policy rate steady: prudent approach

EDITORIAL: The SBP (State Bank of Pakistan) kept the policy rate unchanged at 12 percent. The central bank has...

Published 12 Mar, 2025 03:03am

The Weather

KARACHI: The weather report on Tuesday (March 11, 2025) and the forecast for Wednesday (March 12, 2025)...

Published 12 Mar, 2025 03:03am

Rates

LME official prices

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

Published 12 Mar, 2025 03:03am

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 12 Mar, 2025 03:03am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Tuesday (March 11, 2025). ========================== KIBOR...

Published 12 Mar, 2025 03:03am

Forex

Open market rates of foreign currencies

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

Published 12 Mar, 2025 03:03am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Tuesday (March 11, 2025). ======================== Open Bid Rs 279.95...

Published 12 Mar, 2025 03:03am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (March 11, 2025)....

Published 12 Mar, 2025 03:03am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (March 11, 2025)....

Published 12 Mar, 2025 03:03am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (March 11, 2025)...

Published 12 Mar, 2025 03:03am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Tuesday (March 11, 2025). ======================================= Offset...

Published 12 Mar, 2025 03:03am

Commodities

Gold drifts higher ahead of US inflation data

NEW YORK: Gold prices rose on Tuesday, supported by safe-haven flows as trade war concerns sapped risk sentiment...

Published 12 Mar, 2025 03:03am

Energy

US natural gas prices down

NEW YORK: US natural gas prices slipped more than 1% on Tuesday, as rising output and forecasts for milder weather...

Published 12 Mar, 2025 03:03am

Commodities

Japanese rubber futures lower

SINGAPORE: Japanese rubber futures hit a seven-month low on Tuesday, hurt by a stronger yen, while mounting...

Published 12 Mar, 2025 03:03am

Commodities

Malaysian palm oil easier

KUALA LUMPUR: Malaysian palm oil futures extended losses to a second straight session on Tuesday, pressured by ...

Published 12 Mar, 2025 03:03am

Commodities

Singapore iron ore rises on optimism

BEIJING: Prices of Singapore iron ore futures rose on Tuesday, driven by expectations of increased demand as...

Published 12 Mar, 2025 03:03am

Commodities

Copper rises with support from weaker dollar

LONDON: Copper prices rose on Tuesday as support from a weaker dollar and a decline in available inventories in the...

Published 12 Mar, 2025 03:03am

Rates

Activities of Karachi Port Trust

KARACHI: The Karachi Port Trust handled 165,046 tonnes of cargo comprising 102,917 tonnes of import cargo and 62,129...

Published 12 Mar, 2025 03:03am

Commodities

PMEX daily trading report

KARACHI: On Monday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 50.164 billion...

Published 12 Mar, 2025 03:03am

Energy

Oil edges higher

NEW YORK: Oil prices rose less than 1% on Tuesday, helped by weakness in the dollar, although gains were capped as...

Published 12 Mar, 2025 03:03am

Cotton & Textile

Cotton spot rates

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

Published 12 Mar, 2025 03:03am

Cotton & Textile

Dullness persists on cotton market

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

Published 12 Mar, 2025 03:03am

Commodities

India’s edible oil imports hit 4-year low

MUMBAI: India’s edible oil imports in February plunged to their lowest level in four years, led by declines in...

Published 12 Mar, 2025 03:03am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (March 11, 2025). ==================================== BR...

Published 12 Mar, 2025 03:03am

Stocks

Sri Lanka shares end lower

COLOMBO: Sri Lankan shares closed lower on Tuesday, dragged by losses in information technology and consumer...

Published 12 Mar, 2025 03:03am

Money & Banking

US dollar higher

NEW YORK: The US dollar rose to a one-week high against the Canadian dollar on Tuesday after President Donald Trump...

Published 12 Mar, 2025 03:03am

Money & Banking

Asian currencies range-bound

BENGALURU: Emerging market stocks across Asia dropped in a broad-based selloff on Tuesday, with shares in the...

Published 12 Mar, 2025 03:03am

Stocks

S&P 500, Dow decline after Trump’s fresh tariffs on Canada

NEW YORK: The Dow and the benchmark S&P 500 fell in choppy trading on Tuesday after US President Donald Trump...

Published 12 Mar, 2025 03:03am

Stocks

European shares fall after fresh Trump tariff threats

FRANKFURT: European shares fell to their lowest levels in more than a month on Tuesday on fears that US trade...

Published 12 Mar, 2025 03:03am

Stocks

China, HK stocks recover losses despite Wall Street slide

SHANGHAI: China stocks ended higher on Tuesday and Hong Kong shares recovered losses, defying a regional gloom after...

Published 12 Mar, 2025 03:03am

Stocks

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 14	147.13
USD to Swiss Franc / May 14	0.84
Pound Sterling to USD / May 14	1.33
Euro to USD / May 14	1.12
UK LIBOR % / May 13	4.96

Stock	Volume
S&P 500 / May 13	5,886.55
Nasdaq / May 13	19,010.09
FTSE 100 / May 13	8,602.92
Dow Jones / May 13	42,140.43
Germany DAX 30 / May 13	23,638.56
France CAC40 / May 13	7,873.83
India Sensex / May 14	81,497.76
Tokyo Nikkei / May 14	38,113.18
Hang Seng / May 14	23,504.69

Item	Value
Karachi Cotton PKR/37.32 KG / May 13	16,985
Gold 10 Grams PKR / May 13	295,096
Cotton US¢/pound / May 13	66.61
Petrol/Litre / May 14	252.63
Crude Oil USD/Barrel / May 14	63.39
Gold Spot USD/Ounce / May 14	3,234.38
Diesel/Litre / May 14	256.64

Gainers
Losers
Leaders

Stock	Price
First IBL Mod. / May 14 First IBL Modaraba(FIBLM)	3.45 ▲ 0.45 (15%)
Tariq Corp.Pref. / May 14 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.99 ▲ 0.88 (10.85%)
AN Textile Mill / May 14 AN Textile Mills Limited(ANTM)	10.79 ▲ 1 (10.21%)
Power Cem(Pref) / May 14 Power Cement (Pref)(POWERPS)	16.89 ▲ 1.54 (10.03%)
Dewan Motors / May 14 Dewan Farooque Motors Limited(DFML)	36.03 ▲ 3.28 (10.02%)
Flying Cement / May 14 Flying Cement Company Limited(FLYNG)	44.96 ▲ 4.09 (10.01%)
Agritech Limited / May 14 Agritech Limited(AGL)	56.07 ▲ 5.1 (10.01%)
LSE Financial Serv. / May 14 LSE Financial Services Limited(LSEFSL)	21.99 ▲ 2 (10.01%)
Frontier Ceram / May 14 Frontier Ceramics Limited(FRCL)	28.93 ▲ 2.63 (10%)
Tandlianwala Sugar / May 14 Tandlianwala Sugar Mills Limited(TSML)	167.38 ▲ 15.22 (10%)

Stock	Price
Ashfaq Textile / May 14 Ashfaq Textile Mills Limited(ASHT)	12.01 ▼ -1.25 (-9.43%)
Calcorp Ltd / May 14 Calcorp Limited(CASH)	37.50 ▼ -3.76 (-9.11%)
Shahtaj Textile / May 14 Shahtaj Textile Limited(STJT)	63.95 ▼ -6.05 (-8.64%)
Shezan Inter. / May 14 Shezan International Limited(SHEZ)	162 ▼ -14.34 (-8.13%)
Ideal Spinning / May 14 Ideal Spinning Mills Limited(IDSM)	12.03 ▼ -0.97 (-7.46%)
TPL Trakker Ltd / May 14 TPL Trakker Limited(TPLT)	6.20 ▼ -0.39 (-5.92%)
TPL REIT Fund I / May 14 TPL REIT Fund I(TPLRF1)	13 ▼ -0.8 (-5.8%)
Gulistan Sp. / May 14 Gulistan Spinning Mills Limited(GUSM)	7.50 ▼ -0.4 (-5.06%)
Jauharabad Sug / May 14 Jauharabad Sugar Mills Limited(JSML)	43 ▼ -2.2 (-4.87%)
Merit Packaging / May 14 Merit Packaging Limited(MERIT)	9.09 ▼ -0.46 (-4.82%)

Stock	Volume
Fauji Cement / May 14 Fauji Cement Company Limited(FCCL)	25,557,428 ▲ 1.07
Sui South Gas / May 14 Sui Southern Gas Company Limited(SSGC)	16,853,660 ▲ 2.33
At-Tahur Ltd. / May 14 At-Tahur Limited(PREMA)	11,752,929 ▲ 2.14
B.O.Punjab / May 14 The Bank of Punjab(BOP)	10,544,454 ▲ 0
Al-Shaheer Corp / May 14 Al Shaheer Corporation Limited(ASC)	10,108,288 ▲ 0.66
WorldCall Telecom / May 14 Worldcall Telecom Limited(WTL)	8,556,861 ▼ -0.01
D.G.K.Cement / May 14 D.G. Khan Cement Company Limited(DGKC)	8,337,893 ▲ 1.21
Maple Leaf Cement / May 14 Maple Leaf Cement Factory Limited(MLCF)	8,129,779 ▼ -0.03
Ghani Chem. Ind. / May 14 Ghani Chemical Industries Limited(GCIL)	7,791,707 ▲ 0.99
Pak Refinery / May 14 Pakistan Refinery Limited(PRL)	7,655,690 ▲ 0.68

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