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EVs

EVs adoption: inDrive and YDC join hands

KARACHI: inDrive and Yousuf Dewan Companies (YDC) have joined hands to accelerate electric vehicle adoption in...

Published 19 Mar, 2025 06:43am

Pakistan

Pink bikes, EVs & double-decker buses: Sindh Cabinet clears way for modern transport revamp

KARACHI: Sindh Chief Minister Syed Murad Ali Shah, while presiding over a cabinet meeting, made several significant...

Published 28 Feb, 2025 07:28am

Business & Finance

Sale of EV charging piles and stations: Chinese firm, E-Trade Nexus sign agreement

LAHORE: In a major step towards strengthening Pakistan’s electric vehicle (EV) infrastructure, Zhuhai Comking...

Published 25 Feb, 2025 08:04am

Talks on $1.5bn climate resilience funding begin

Talks will continue until February 28 and cover carbon levies, electric vehicles, subsidies

Updated 25 Feb, 2025 03:16pm

World

Tesla steps up India hiring after Musk-Modi meet, fast-tracking market entry plan

Elon Musk’s Tesla is looking to hire senior staff in India, job advertisements posted this week showed, signalling...

Published 19 Feb, 2025 08:39am

Business & Finance

First-ever commercial shipment: BYD electric vehicles arrive at port

KARACHI: Karachi Port Trust (KPT) has successfully handled the imports of Completely Built-Up (CBU), Build Your...

Updated 12 Feb, 2025 06:41am

Business & Finance

Honda Atlas hosts special event for media

LAHORE: Honda Atlas Cars Pakistan Limited recently hosted a special event celebrating its long-lasting legacy and...

Published 11 Feb, 2025 08:29am

Business & Finance

BYD partners with ‘Breathe Pakistan’

KARACHI: BYD has reaffirmed its dedication to environmental sustainability in Pakistan. As part of its global ...

Updated 08 Feb, 2025 07:57am

Business & Finance

Nasir vows facilitation: Chinese co to invest $340m in manufacturing, charging plants

KARACHI: A Chinese company has shown interest to invest $340 million in manufacturing electric vehicles and charging...

Published 30 Jan, 2025 06:47am

Energy sector advancement: Nepra inks MoU with Deutsche GIZ

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) and Deutsche Gesell-schaftfür Internationale...

Updated 29 Jan, 2025 09:47am

Business & Finance

EV sector: experts demand developing needed infrastructure

ISLAMABAD: Automobile sector experts at a seminar have underlined the urgent need to develop electric vehicles...

Updated 28 Jan, 2025 08:13am

Business & Finance

LG Energy Solution flags slowing EV demand, posts first quarterly loss in 3 yrs

SEOUL: South Korean battery firm LG Energy Solution (LGES) said it expected electric vehicle demand growth to slow...

Published 24 Jan, 2025 11:42am

Opinion

US versus China: the battle for rare earth dominance

During Scott Bessent’s confirmation hearing for US Treasury Secretary before the Senate Finance Committee,...

Updated 24 Jan, 2025 07:47am

Technology

Tata Motors looks to local battery play as EV competition rises

NEW DELHI: Tata Motors, India’s biggest electric car maker, is betting that locally manufactured EV batteries will...

Published 23 Jan, 2025 08:48am

Business & Finance

Electric vehicles: 44pc discounted tariff welcomed

KARACHI: Malik Khuda Bakhsh, Convener of the Energy Standing Committee of the Federation of Pakistan Chambers of...

Published 23 Jan, 2025 08:10am

First shipment of 146 electric buses lands in Islamabad

ISLAMABAD: The first batch of 146 out of 160 electric buses reached Islamabad to provide smooth travel experience to...

Updated 30 Dec, 2024 09:11am

Chinese investors ink five MoUs in Karachi

KARACHI: Chinese and Pakistani diplomats signed memorandums of understanding (MoUs) here for five projects in...

Updated 14 Dec, 2024 04:14pm

Business & Finance

All petrol pumps in federal capital will be equipped with EV-charging stations

ISLAMABAD: The government has taken a major step towards implementing the Electric Vehicles (EV) Policy, announcing...

Published 13 Dec, 2024 06:29am

Technology

Islamabad to become ‘model city’ for EVs: Tanveer

As part of the government’s commitment to increase electric vehicle (EV) usage in Pakistan, Federal Minister for...

Updated 12 Dec, 2024 10:41pm

Business & Finance

SUVs/EVs: FBR chairman briefs Senate body on chargeability of FED

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial on Wednesday informed that Ministry of ...

Published 12 Dec, 2024 07:23am

Business & Finance

Pakistan’s first electric SUV Seres 3 unveiled

KARACHI: Regal Automobiles Industries Limited, a trailblazer in Pakistan’s automotive sector, has made history ...

Published 02 Dec, 2024 06:04am

In violation of IMF’s EFF: Ministry drafts incentive plan for semiconductor industry

ISLAMABAD: In violation of the International Monetary Fund (IMF) ongoing Extended Fund Facility (EFF) program,...

Updated 29 Nov, 2024 02:23pm

Opinion

Aspiring for a thriving automotive sector

It was early morning, with the sweet sound of birds and the freshness of the air. After taking a bath, I opened the...

Updated 28 Nov, 2024 06:46am

Business & Finance

EVs to erode $5.68bn in road transport revenues: ADB

ISLAMABAD: Over 80 percent of road user revenues in Pakistan are from fuel-based revenues, involving an amount of...

Published 26 Nov, 2024 05:49am

EV policy draft finalised: minister

ISLAMABAD: Federal Minister for Industries and Production Rana Tanveer Hussain on Wednesday announced that the draft...

Updated 21 Nov, 2024 02:37pm

Business & Finance

Sazgar Engineering plans Rs1.5bn land purchase for future expansion

Sazgar Engineering Works Limited (SAZEW), a Pakistani auto manufacturer, has announced plans to purchase land valued...

Updated 14 Nov, 2024 08:52pm

Business & Finance

Kia sees near-term market challenges but sticks to 1.6mn annual EV sales target by 2030

TAIPEI: South Korean car maker Kia expects challenging market conditions in the near term due in part to...

Published 14 Nov, 2024 12:19pm

Business & Finance

10,000 EV charging stations to be set up by 2030

ISLAMABAD: Federal Minister for Industries and Production, Rana Tanveer Hussain announced the government’s...

Published 07 Nov, 2024 07:39am

Business & Finance

Discos’ FCAs for Sept: Nepra approves Rs1.27 per unit negative adjustment

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved negative adjustment of Rs1.27 per...

Updated 07 Nov, 2024 08:44am

World

Air Canada to increase China flights as Canada lifts restrictions

HONG KONG: Air Canada will increase direct flights between China and Canada from December, the news arm of China’s...

Published 30 Oct, 2024 10:18am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 24	280.43
USD PKR Interbank Buying / Mar 24	280.23
USD to Japanese Yen / Mar 24	149.74
USD to Swiss Franc / Mar 24	0.88
Pound Sterling to USD / Mar 24	1.29
Euro to USD / Mar 24	1.08
UK LIBOR % / Mar 20	4.96

Stock	Volume
S&P 500 / Mar 21	5,667.56
Nasdaq / Mar 21	17,784.05
Dow Jones / Mar 21	41,985.35
India Sensex / Mar 24	77,793.05
Tokyo Nikkei / Mar 24	37,670.65
Hang Seng / Mar 24	23,618.98
FTSE 100 / Mar 24	8,686.12
Germany DAX 30 / Mar 24	23,046.22
France CAC40 / Mar 24	8,081.33

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	17,285
Gold 10 Grams PKR / Mar 21	273,319
Petrol/Litre / Mar 24	255.63
Crude Oil USD/Barrel / Mar 24	68.22
Gold Spot USD/Ounce / Mar 24	3,018.34
Diesel/Litre / Mar 24	258.64
Cotton US¢/pound / Mar 24	64.92

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Mar 24 Security Investment Bank Limited(SIBL)	7.99 ▲ 1 (14.31%)
Jubilee Spinning / Mar 24 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▲ 1 (10.19%)
Saritow Spinning / Mar 24 Saritow Spinning Mills Limited(SSML)	19.88 ▲ 1.81 (10.02%)
Diamond Ind. / Mar 24 Diamond Industries Limited(DIIL)	30.76 ▲ 2.8 (10.01%)
Crescent Fib. / Mar 24 Crescent Fibres Limited(CFL)	45.72 ▲ 4.16 (10.01%)
Bela Auto / Mar 24 Bela Automotives Limited(BELA)	183.56 ▲ 16.69 (10%)
East West Ins. / Mar 24 East West Insurance Company Limited(EWIC)	63.02 ▲ 5.73 (10%)
Crescent Cotton / Mar 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5 (10%)
Al-Khair Gadoon / Mar 24 Al-Khair Gadoon Limited(AKGL)	45.10 ▲ 4.1 (10%)
Imperial Limited / Mar 24 Imperial Limited(IML)	18.70 ▲ 1.7 (10%)

Stock	Price
Jubile Life InsXD / Mar 24 Jubilee Life Insurance Company Limited(JLICL)	148.10 ▼ -19.22 (-11.49%)
Pakgen Power / Mar 24 Pakgen Power Limited(PKGP)	112.97 ▼ -12.55 (-10%)
Bunnys Limited / Mar 24 Bunnys Limited(BNL)	20.85 ▼ -2.31 (-9.97%)
TPL Life Insur. / Mar 24 TPL Life Insurance Limited(TPLL)	60.76 ▼ -6.66 (-9.88%)
JS Global Banking / Mar 24 JS Global Banking Sector (ETF)(JSGBETF)	18.30 ▼ -2 (-9.85%)
Baba Farid Sugar / Mar 24 Baba Farid Sugar Mills Limited(BAFS)	48.01 ▼ -5.12 (-9.64%)
Cherat Cement / Mar 24 Cherat Cement Company Limited(CHCC)	251.99 ▼ -25.37 (-9.15%)
Shadman Cotton / Mar 24 Shadman Cotton Mills Limited(SHCM)	27.04 ▼ -2.66 (-8.96%)
The Thal Ind.Corp. / Mar 24 The Thal Industries Corporation Limited(TICL)	300.34 ▼ -26.63 (-8.14%)
Noon Sugar / Mar 24 Noon Sugar Mills Limited(NONS)	73.15 ▼ -6.42 (-8.07%)

Stock	Volume
Cnergyico PK / Mar 24 Cnergyico PK Limited(CNERGY)	49,087,352 ▼ -0.04
Pak Elektron / Mar 24 Pak Elektron Limited(PAEL)	28,618,034 ▼ -2.68
Pak Refinery / Mar 24 Pakistan Refinery Limited(PRL)	27,365,824 ▼ -1.29
Fauji Foods Ltd / Mar 24 Fauji Foods Limited(FFL)	26,352,530 ▼ -0.31
B.O.Punjab / Mar 24 The Bank of Punjab(BOP)	18,341,994 ▼ -0.17
TRG Pak Ltd / Mar 24 TRG Pakistan Limited(TRG)	15,522,190 ▲ 1.89
Sui South Gas / Mar 24 Sui Southern Gas Company Limited(SSGC)	14,112,978 ▼ -0.86
Pak Int.Bulk / Mar 24 Pakistan International Bulk Terminal(PIBTL)	11,162,195 ▲ 0.13
WorldCall Telecom / Mar 24 Worldcall Telecom Limited(WTL)	10,676,385 ▼ -0.03
K-Electric Ltd. / Mar 24 K-Electric Limited(KEL)	10,144,462 ▼ -0.09

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