News Archives for Print - 2025-03-24

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Print - 2025-03-24

Sindh governor, CM, others pay homage to the Quaid on Pakistan Day

KARACHI: Sindh Chief Minister Syed Murad Ali Shah, accompanied by Sindh Governor M. Kamran Tissori and members of ...

Published 24 Mar, 2025 07:10am

Rights activist Mahrang charged with ‘terrorism’

QUETTA: Government on Sunday charged a Baloch rights activist with terrorism, sedition and murder after she led a...

Published 24 Mar, 2025 07:10am

Hussain Dawood awarded Hilal-e-Imtiaz

KARACHI: The Government of Pakistan has honoured Hussain Dawood with the prestigious Hilal-i-Imtiaz, recognising his...

Published 24 Mar, 2025 07:10am

PSO holds Iftar gathering at SOS Village

KARACHI: Pakistan State Oil (PSO) has hosted an Iftar gathering with SOS Village residents at their vicinity in...

Published 24 Mar, 2025 07:10am

KP govt decides to repossess allotted industrial land

PESHAWAR: The KP government has decided that all lands allotted for industrial purposes, where industries have not...

Published 24 Mar, 2025 07:08am

Strategic cooperation to enhance mutual benefits: Chinese envoy

ISLAMABAD: Chinese Ambassador to Pakistan, Jiang Zaidong on Sunday said that strategic cooperation between China and...

Published 24 Mar, 2025 07:04am

Embassies celebrate Pakistan Day across the world

ISLAMABAD: Pakistan’s embassies and high commissions in different parts of the world celebrated Pakistan Day with...

Published 24 Mar, 2025 07:02am

Transitioning to privatization of Discos-I

The Pakistan Power Sector is always in the news – primarily, for its perceived and actual inefficiency and the...

Published 24 Mar, 2025 06:46am

Ambassador Munir Akram honoured at farewell reception

NEW YORK: The Pakistan Mission to the United Nations hosted a reception Saturday to bid farewell to Ambassador Munir...

Published 24 Mar, 2025 06:43am

Letters

Balochistan: Punjabis must be protected

Four bore well drillers working in Balochistan were killed by unknown assailants day before yesterday. They...

Published 24 Mar, 2025 06:41am

Cigarette tax myths and realities

A well-orchestrated campaign advocating for reduced cigarette taxes has recently gained momentum, primarily driven ...

Published 24 Mar, 2025 06:33am

Gold volatility has risen

The Federal Reserve’s decision to keep its policy rate steady was the most significant economic development of the...

Published 24 Mar, 2025 06:28am

Enhancing grid consumption need of the hour

There are efforts and actions being taken to reduce power tariffs and make the grid sustainable. These include...

Published 24 Mar, 2025 06:22am

Poverty may trump low inflation

Inflation has come down dramatically – from 28.3 percent in January 2024 to 1.5 percent in February 2025. The...

Published 24 Mar, 2025 06:16am

Better late than never

EDITORIAL: The State Bank of Pakistan’s (SBP’s) decision to unveil its initial Green Taxonomy policy draft by ...

Published 24 Mar, 2025 06:12am

Barriers to investment in productive sectors

EDITORIAL: Pakistan’s economy direly needs investment in productive sectors in general and exports in particular ...

Published 24 Mar, 2025 06:02am

Rates

PSX closes at all-time high

KARACHI: The Pakistan Stock Exchange (PSX) maintained a jubilant streak throughout the week ending March 20, 2025,...

Published 24 Mar, 2025 05:33am

Pope calls for ‘immediate’ end to Israeli strikes on Gaza

VATICAN CITY: Pope Francis called Sunday for an “immediate” end to Israeli strikes on the Gaza Strip, and for ...

Published 24 Mar, 2025 05:33am

South Asia

Information on Sirajuddin Haqqani: Taliban say US has lifted $10m reward

KABUL: The United States has lifted a $10 million reward offer for information leading to the arrest of a major...

Published 24 Mar, 2025 05:33am

Delay in issuance of bank challans for UEPL lease rental payment: PPIB seeks intervention of Sindh govt

ISLAMABAD: The Private Power and Infrastructure Board (PPIB) has sought the intervention of Chief Secretary Sindh...

Updated 24 Mar, 2025 09:18am

Istanbul court formally arrests mayor in graft probe

ISTANBUL: A Turkish court formally placed Istanbul Mayor Ekrem Imamoglu under arrest as part of a graft...

Published 24 Mar, 2025 05:33am

Zardari underscores need for strengthening economy

ISLAMABAD: President Asif Ali Zardari reaffirmed the national pledge to stand united against any external and...

Updated 24 Mar, 2025 03:20pm

Pro-Trump senator meets Chinese Premier with US company executives

BEIJING: US Republican Senator Steve Daines met Chinese Premier Li Qiang in Beijing with a group of executives from...

Published 24 Mar, 2025 05:33am

Li urges states to open markets to combat ‘rising instability’

BEIJING: Chinese Premier Li Qiang urged countries to open their markets to combat “rising instability and...

Published 24 Mar, 2025 05:33am

Net metering regulations: REAP says concerned at changes

ISLAMABAD: The Renewable Energy Association Pakistan (REAP) has raised alarms over recent amendments to Distributed...

Updated 24 Mar, 2025 03:20pm

ZA Bhutto awarded Nishan-e-Pakistan posthumously

ISLAMABAD: An investiture ceremony to confer civil awards upon Pakistani and foreign nationals for their...

Updated 24 Mar, 2025 08:45am

Rates

Futures spread surges 324bps

KARACHI: The futures spread surged by 324 basis points, closing at 13.15 percent on the final day of the outgoing...

Published 24 Mar, 2025 05:33am

Shopkeepers/traders: FBR mulling another registration scheme

ISLAMABAD: The Federal Board of Revenue (FBR) is seriously considering launching another registration scheme for...

Updated 24 Mar, 2025 03:45pm

Running power project on Thar coal: KE shifts onus of potential delays to Power Div

Despite KE having a consultant on board for the Bankable Feasibility Study, Power Division yet to issue a notification for the reconstitution of the oversight committee

Updated 24 Mar, 2025 03:20pm

There will be no change in solar energy policy: PM

ISLAMABAD: Prime Minister Shehbaz Sharif has reaffirmed the government’s commitment to promoting renewable energy,...

Updated 24 Mar, 2025 08:42am

Award to ZAB: Bilawal says it’s historic milestone

ISLAMABAD: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari has termed the Nishan-e-Pakistan awarded...

Published 24 Mar, 2025 05:33am

Rs14bn tax fraud: FBR decides to take legal action

KARACHI: The Federal Board of Revenue (FBR) has decided to initiate legal proceedings against 463 importers, 106...

Updated 24 Mar, 2025 08:43am

US says kills ‘key’ Houthi leaders in Yemen strikes

WASHINGTON: A US military campaign of strikes in Yemen launched just over a week ago has so far taken out key Houthi...

Published 24 Mar, 2025 05:33am

Rates

The Rupee largely stable

KARACHI: Rupee remained largely stable against the US dollar in the inter-bank market during the previous week. The...

Published 24 Mar, 2025 05:33am

Withdrawal of concessions to local industry: BMP voices its concern at IMF-govt agreement

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP) has expressed...

Published 24 Mar, 2025 05:33am

Salman urges govt to call joint session amid rising terrorism

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Secretary General Salman Akram Raja urged the government to convene the joint...

Published 24 Mar, 2025 05:33am

CEO Jazz Aamir Hafeez conferred with Hilal-e-Imtiaz

ISLAMABAD: In a landmark recognition of his contributions to Pakistan’s digital and financial landscape, Aamir...

Published 24 Mar, 2025 05:33am

KP govt to set up more shelter homes for street children

PESHAWAR: The government of Khyber Pakhtunkhwa has decided to establish more Zamung Kor Centres across the province...

Published 24 Mar, 2025 05:33am

President confers civil awards upon 67 dignitaries

ISLAMABAD: President Asif Ali Zardari conferred Pakistan’s civil awards upon 67 national and foreign personalities...

Published 24 Mar, 2025 05:33am

Sharjeel stresses need for unity on Pakistan Day

KARRCHI: Sindh Senior Minister Sharjeel Inam Memon has said that on this historic occasion of Pakistan Day, he...

Published 24 Mar, 2025 05:33am

Mayor seeks Rs100bn funding for Karachi from PM

KARACHI: Karachi Mayor Barrister Murtaza Wahab Sunday urged the Prime Minister of Pakistan to fulfil his promises...

Updated 24 Mar, 2025 09:22am

Money & Banking

Sterling down but set for another weekly gain

LONDON: The British pound extended its decline against the dollar on Friday but was poised to end the week higher, a...

Published 24 Mar, 2025 05:33am

Stocks

Turkish stocks, bonds fall for third day amid protests

ISTANBUL: Turkish stocks were set for their worst week since the aftermath of 2008’s Lehman Brothers collapse on...

Published 24 Mar, 2025 05:33am

Europe

UK finance minister says govt to cut costs by 15pc

LONDON: UK finance minister Rachel Reeves said Sunday she plans to cut the costs of running government by 15 percent...

Published 24 Mar, 2025 05:33am

US must change its approach for any talks: Iran’s top diplomat

DUBAI: Talks with the US are impossible unless Washington changes its pressure policy, the Iranian foreign minister...

Published 24 Mar, 2025 05:33am

Expelled S.Africa envoy to US says back home ‘with no regrets’

CAPE TOWN: The South African ambassador who was expelled from the United States in a row with President Donald...

Published 24 Mar, 2025 05:33am

Trump awards Boeing much-needed win with F-47 fighter jet contract

WASHINGTON: US President Donald Trump awarded Boeing on Friday the contract to build the US Air Force’s most...

Published 24 Mar, 2025 05:33am

Companies

Sinopec’s 2024 net profit plunges 16.8pc due to falling oil prices

BEIJING: China Petroleum & Chemical Corp , known as Sinopec, reported a 16.8 percent decline in 2024 net profit...

Published 24 Mar, 2025 05:33am

Middle East

Israel plans new airport in south

JERUSALEM: Israel’s Economic Affairs Committee on Sunday gave its final approval to a plan to build another...

Published 24 Mar, 2025 05:33am

Governor inaugurates Calligraphy exhibition

KARACHI: The Governor of Sindh Mohammed Kamran Khan Tessori on Sunday inaugurated a calligraphy exhibition at...

Published 24 Mar, 2025 05:33am

Stocks

IT and real estate stocks lift Sri Lankan shares higher

COLOMBO: Sri Lankan shares closed higher on Friday, led by gains in information technology and real estate stocks....

Published 24 Mar, 2025 05:33am

UAF holds workshop

FAISALABAD: The workshop on Finance Administration, Management and e-Governance organised by the Professional...

Published 24 Mar, 2025 05:33am

PTRIA, 2013: FAFEN for reforms to address gaps implementation

ISLAMABAD: Free and Fair Election Network (FAFEN) calls for reforms to address gaps in the implementation of the...

Updated 24 Mar, 2025 08:43am

PSL Season-10 trophy unveiled at Peshawar University

PESHAWAR: The Pakistan Super League (PSL) Season 10 trophy has arrived in Peshawar where an unveiling ceremony was...

Published 24 Mar, 2025 05:33am

Industry

HCSTSI sets 31st as deadline for membership renewal

HYDERABAD: The Secretary General of Hyderabad Chamber of Small Traders & Small Industry (HCSTSI) has announced...

Published 24 Mar, 2025 05:33am

Energy

Pesco holds E-Katchehri for complaints redressal during Ramazan

PESHAWAR: Peshawar Electric Supply Company (Pesco) organized an E-Katchehri session aimed at resolving consumer...

Published 24 Mar, 2025 05:33am

Pakistan Resolution: The Role of Key Personalities

On March 23, 1940, Muslims approved a historic resolution at Minto Park, Lahore, known as the Pakistan Resolution,...

Published 24 Mar, 2025 05:33am

Embracing Gen AI to Fulfil Pakistan's Promise: Progress Through Innovation

The political landscape of British India in the early 20th century was shaped by colonial rule, nationalist fervor,...

Published 24 Mar, 2025 05:33am

Muslim Political Experience and 1940 Resolution

March Twenty-Third is one of the national days of Pakistan. We reiterate our commitment to Pakistan as a ...

Published 24 Mar, 2025 05:33am

Rates

Automart: car prices in Karachi

KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Sunday (March 23,...

Published 24 Mar, 2025 05:33am

‘National T20 Cup 2024-25’: 8 teams qualify for knockout stage

LAHORE: Eight teams, Abbottabad, Faisalabad, defending champions Karachi Whites, Lahore Blues, Lahore Whites, ...

Published 24 Mar, 2025 05:33am

Light show held at Minar-e-Pakistan

LAHORE: On the direction of Chief Minister Punjab Maryam Nawaz Sharif, Minar-e- Pakistan was lit up with green and...

Published 24 Mar, 2025 05:33am

Omar decries curbs on freedom of expression

PESHAWAR: Leader of the Opposition in the National Assembly Omar Ayub Khan alleged here on Sunday that no one is ...

Published 24 Mar, 2025 05:33am

Ambassador of Kazakhstan felicitates nation on Pakistan Day

ISLAMABAD: Ambassa-dor of Kazakhstan to Pakistan, Yerzhan Kistafin on Sunday expressed felicitation expressed his...

Published 24 Mar, 2025 05:33am

Pakistan Day marked: PM urges people to turn country into a prosperous state

ISLAMABAD: Prime Minister Shehbaz Sharif urged the people to make dedicated efforts in line with Quaid-e-Azam’s...

Published 24 Mar, 2025 05:33am

Digitisation of records: FDA Additional DG reviews progress

FAISALABAD: On the direction of Director General Faisalabad Development Authority (FDA) Muhammad Asif Chaudhry,...

Published 24 Mar, 2025 05:33am

Pakistan Day reminds us of golden objectives: CM Maryam

LAHORE: “March 23, Pakistan Day, reminds us of the golden objectives of the establishment of Pakistan,” said...

Published 24 Mar, 2025 05:33am

Pakistan shining like a bright star globally: Azma

LAHORE Punjab Information Minister Azma Bokhari has said that the separate homeland pledged on March 23, 1940, is ...

Published 24 Mar, 2025 05:33am

CM praises Punjab Police

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif appreciated Punjab Police for killing two dacoits including Shah...

Published 24 Mar, 2025 05:33am

MENA

Dubai ‘removes walls’ for free zone companies, allows them to operate in mainland

Dubai has announced new rules that will allow companies set up inside its many free zones to operate outside of them...

Updated 24 Mar, 2025 01:54pm

The Weather

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

Published 24 Mar, 2025 05:33am

Indonesian diplomats, scientists underscore need for boosting oil palm cultivation

HYDERABAD: Indonesian diplomats and Pakistani scientists have underscored the urgent need to boost local oil palm...

Published 24 Mar, 2025 05:33am

Cotton & Textile

Weekly Review: Cotton market witnesses continuous price decline

KARACHI: The cotton market continues to witness a persistent decline in prices, with a noticeable drop in spot rates...

Published 24 Mar, 2025 05:33am

Pakistan Day marked at Customs House

KARACHI: The Collectorate of Customs Enforcement Karachi held a commemorative ceremony at Customs House to mark...

Published 24 Mar, 2025 05:33am

KP govt decides to launch universal digital payment system

PESHAWAR: The Government of Khyber Pakhtunkhwa has taken a big step towards digital transformation by deciding to...

Updated 24 Mar, 2025 08:44am

Commodities

Prices of essential food items show mixed trend

PESHAWAR: Mixed trend in prices of essential food commodities, like live chicken/meat, sugar, flour, dates, pulses,...

Published 24 Mar, 2025 05:33am

Stocks

Wall Street Week Ahead: Dow Transports index slump poses trouble spot as investors seek stocks stability

NEW YORK: Even as US stocks seek to regain their footing, weakness in a closely followed index of transportation...

Published 24 Mar, 2025 05:33am

Stocks

Australian shares edge up as supermarkets rally

SYDNEY: Australian shares ended modestly higher on Friday as supermarket giants Woolworths and Coles leapt as...

Published 24 Mar, 2025 05:33am

Stocks

UK stocks slip on tariff uncertainty

LONDON: British stocks closed lower on Friday on continued worries about the economic impact of US tariff policy,...

Published 24 Mar, 2025 05:33am

Stocks

Bargain-hunting boosts India’s Nifty 50 to best week in 4 years

MUMBAI: India’s benchmark Nifty 50 index logged its largest weekly rise in more than four years on Friday, on ...

Published 24 Mar, 2025 05:33am

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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