News Archives for Latest - 2023-11-02

<<>>

Archive - 2023-11-02

Europe

UN experts say ceasefire needed as Palestinians at 'grave risk of genocide'

GENEVA: United Nations experts called on Thursday for a humanitarian ceasefire in Gaza, saying time was running out...

Published 02 Nov, 2023 11:03pm

Middle East

Israeli army battles Hamas fighters in drive towards Gaza City

GAZA/OCCUPIED JERUSALEM/RAFAH: Israeli tanks and troops pressed towards Gaza City on Thursday but met fierce...

Updated 02 Nov, 2023 10:58pm

Cotton & Textile

Pakistan’s textile exports up 5% year-on-year in October, clock in at $1.43bn

APTMA says exports also increased over 5% on monthly basis

Updated 02 Nov, 2023 10:49pm

Forex

Pakistan’s central bank reserves inch up by $14mn, now stand at $7.5bn

Total liquid foreign reserves held by country stand at $12.5 billion

Updated 02 Nov, 2023 10:48pm

Forex

Open-market: rupee’s slide against US dollar continues

The Pakistani rupee weakened further against the US dollar in the open market on Thursday, while the local currency...

Updated 02 Nov, 2023 10:41pm

World

Lebanon 'doesn't need war' with Israel: French minister

DEIR KIFA: French Defence Minister Sebastien Lecornu said Thursday that Lebanon "doesn't need a war" with Israel and...

Published 02 Nov, 2023 10:37pm

Middle East

Bahrain halts trade ties with Israel, envoys return: parliament

MANAMA: Bahrain’s lower house of parliament announced Thursday the halting of economic ties with Israel and the...

Updated 02 Nov, 2023 10:35pm

World

Blinken to talk to Israel on 'concrete steps' to minimize civilian harm

JOINT BASE ANDREWS: US Secretary of State Antony Blinken said Thursday he would ask Israel to take "concrete steps"...

Published 02 Nov, 2023 10:31pm

Stocks

With 314-point gain, KSE-100 rallies for fourth consecutive session

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed higher for fourth consecutive session on...

Updated 02 Nov, 2023 10:22pm

Business & Economy

Smartphones for all: IT ministry to issue policy directive in coming days

The process of providing smartphones to customers on easy installments will be initiated soon, said Caretaker...

Updated 02 Nov, 2023 10:17pm

Pakistan

President Alvi, ECP agree on holding elections on February 8

The process of drawing constituencies will be completed by January 29th, according to ECP counsel

Updated 02 Nov, 2023 10:09pm

Business & Economy

Dr Shamshad reaffirms Pakistan’s commitment to working closely with IMF

Statement from Finance Division comes as IMF Mission begins talks in Islamabad for review of $3 billion Stand-by-Arrangement

Published 02 Nov, 2023 09:37pm

Cricket

India rout Sri Lanka by 302 runs to seal World Cup semi-final spot

MUMBAI: Mohammed Shami took five wickets as India’s pacemen produced a devastating display to skittle out Sri Lanka...

Updated 02 Nov, 2023 09:19pm

Forex

Inter-bank: rupee records ninth successive fall against US dollar

Currency depreciates 0.28% on Thursday

Updated 02 Nov, 2023 09:09pm

Industry

Made-in-Pakistan: Alsons Group at final hurdle of ‘cost-effective’ ventilators

Ventilator, to be sold at around one-third of the price of comparable imported unit, now awaiting approval from DRAP

Published 02 Nov, 2023 09:05pm

Cricket

Former India skipper Jadeja ‘good sounding board’ for Afghanistan

LUCKNOW: Afghanistan head coach Jonathan Trott on Thursday hailed team mentor and controversial former India skipper...

Published 02 Nov, 2023 08:06pm

Bullion Rate

Gold price per tola increases Rs1,500 in Pakistan

Gold rates in Pakistan increased on Thursday, in line with rise in the international rate. The yellow metal was...

Updated 02 Nov, 2023 07:21pm

Energy

Oil rises 1% after Fed, BoE keep rates unchanged

LONDON: Oil gained 1% on Thursday to snap a three-day decline as risk appetite returned to financial markets after...

Updated 02 Nov, 2023 07:00pm

Asia

Economic ties ‘underpin’ US approach to Asia-Pacific: Yellen

WASHINGTON: Treasury Secretary Janet Yellen was set Thursday to lay out the case for deeper economic ties with the...

Published 02 Nov, 2023 06:57pm

Life & Style

Local in focus: 5 homemade condiment brands on our radar

One thing the recent and very prolonged curbs on imports and rising prices of foreign shipments has been unable to...

Published 02 Nov, 2023 06:54pm

Business & Finance

Dubai Business Forum attracts 2,000 CEOs and execs

AED500 million VC fund for fintech startups launched on sidelines of forum

Published 02 Nov, 2023 06:25pm

Europe

Putin revokes Russia’s ratification of nuclear test ban treaty

MOSCOW: Russian President Vladimir Putin on Thursday signed a law revoking Russia’s ratification of the...

Published 02 Nov, 2023 06:18pm

Business & Economy

World Bank official assures lender will enhance cooperation with Pakistan

Dr Tauqeer Hussain Shah, Executive Director (designate) World Bank, has assured Pakistan the financial institution...

Updated 02 Nov, 2023 06:14pm

Commodities

Wheat nearly flat on uncertainty over Ukrainian Black Sea corridor

CANBERRA/PARIS: Chicago wheat futures were little changed on Thursday in a wait-and-see mode after Russia allegedly...

Published 02 Nov, 2023 05:34pm

Energy

POL sales plunge 24% YoY amid high prices, economic distress

Sale of total petroleum products clocked in at 1.26 million tons in October

Updated 02 Nov, 2023 05:11pm

Financial

Bank of England keep rates at 15-year high, rules out quick cuts to help economy

LONDON: The Bank of England held interest rates at a 15-year peak as it kept up its fight against the highest...

Updated 02 Nov, 2023 05:05pm

Europe

Ukraine ‘optimistic’ on opening EU accession talks: FM

BERLIN: Ukrainian Foreign Minister Dmytro Kuleba said Thursday that Kyiv was confident about its quest to open EU...

Published 02 Nov, 2023 04:59pm

Europe

Ukraine says Russian attacks easing around embattled town

KYIV: Ukraine said Thursday that Russian assaults on the nearly encircled eastern town of Avdiivka had eased as the...

Published 02 Nov, 2023 04:56pm

Commodities

Palm oil rises by more than 2% as Indonesia extends export curbs

SINGAPORE: Malaysian palm oil futures recorded their best day in three weeks on Thursday after top-producer...

Published 02 Nov, 2023 04:20pm

Sports

Dutch looking to pick up steam with World Cup win over Afghanistan

LUCKNOW: The Netherlands will aim to build momentum after their World Cup win over Bangladesh last time out and are...

Published 02 Nov, 2023 03:48pm

Middle East

UAE says it plans to treat 1,000 Palestinian children from Gaza

DUBAI: The United Arab Emirates said on Thursday it planned to treat 1,000 Palestinian children from Gaza, without...

Published 02 Nov, 2023 03:17pm

Business & Finance

Abu Dhabi weighs investment pledges worth $50 billion for India: Bloomberg News

The United Arab Emirates is considering investing as much as $50 billion in India and provisional pledges from the...

Published 02 Nov, 2023 03:11pm

Europe

France, Britain hit by record winds of Storm Ciaran

RENNES: Storm Ciaran battered northern France with record winds of nearly 200 km per hour, killing a lorry driver,...

Published 02 Nov, 2023 02:59pm

Stocks

Major Gulf markets in black as Fed keeps rates unchanged

Major stock markets in the Gulf rose in early trade on Thursday after the US Federal Reserve’s rate pause and policy...

Published 02 Nov, 2023 02:26pm

Stocks

London stocks climb on upbeat earnings, BoE decision in focus

London’s FTSE 100 rose on Thursday, supported by a slew of upbeat earnings reports from industry giants like...

Published 02 Nov, 2023 02:23pm

Europe

German unemployment rises more than expected in October

BERLIN: German unemployment rose more than expected in October, Labour Office figures showed on Thursday, showing...

Published 02 Nov, 2023 02:13pm

Movies & Music

Actors, Hollywood studios still at odds on AI and other issues, union says

LOS ANGELES: Negotiators for Hollywood actors and major studios have not resolved concerns about artificial...

Published 02 Nov, 2023 02:01pm

Pakistan

Pakistan-Afghanistan border crossing overwhelmed as Afghans face expulsion

PESHAWAR: Pakistan’s northwestern border crossing was flooded with thousands of people looking to cross into...

Published 02 Nov, 2023 01:57pm

South Asia

Violent Bangladesh garment protests shut hundreds of factories

DHAKA: Hundreds of garment factories in Bangladesh have shuttered as thousands of workers staged violent protests to...

Published 02 Nov, 2023 01:45pm

Middle East

Egypt says to help evacuate ‘about 7,000’ Gaza foreign nationals

CAIRO: Egypt will help evacuate “about 7,000” foreigners and dual nationals from the war-ravaged Gaza Strip, the...

Published 02 Nov, 2023 01:32pm

Stocks

European stock markets jump at open

LONDON: Europe’s main stock markets jumped at the open Thursday on confidence that US interest rates have peaked....

Published 02 Nov, 2023 01:22pm

Companies

Lufthansa upbeat on travel demand as Q3 beats estimates

BERLIN: Lufthansa on Thursday reported quarterly profits slightly above analysts’ consensus on the back of robust...

Published 02 Nov, 2023 01:20pm

Energy

Shell reports $6.2bn third-quarter profit, boosts buybacks

LONDON: Shell on Thursday reported third-quarter earnings of $6.2 billion, in line with expectations, on higher...

Published 02 Nov, 2023 01:14pm

Asia

China foreign ministry coordinating to assist citizens leave Gaza

BEIJING: China’s foreign ministry is coordinating with various parties to assist Chinese nationals to leave Gaza as...

Published 02 Nov, 2023 01:07pm

Asia

Magnitude 5.7 earthquake strikes central Philippines

MANILA: An earthquake of magnitude 5.7 struck the central Philippines on Tuesday, the United States Geological...

Published 02 Nov, 2023 01:04pm

South Asia

Air pollution sparks alarm, dims World Cup cheer in India

NEW DELHI: Toxic haze blanketed New Delhi on Thursday, raising fears of another public health emergency in the...

Published 02 Nov, 2023 01:02pm

Asia

Japan starts third Fukushima water release

TOKYO: Japan on Thursday began releasing a third batch of treated wastewater from the stricken Fukushima nuclear...

Updated 02 Nov, 2023 01:01pm

USA

Biden voices support for humanitarian ‘pause’ in Israel-Hamas war

WASHINGTON: President Joe Biden, when responding to a heckler at a Minnesota campaign event Wednesday night, said he...

Updated 02 Nov, 2023 01:00pm

Financial

Russia’s Sberbank posts strong Q3 profits

MOSCOW: Russia’s dominant lender Sberbank reported on Thursday 411.4 billion roubles ($4.41 billion) in net profit...

Published 02 Nov, 2023 12:58pm

Business & Finance

Saudi Arabian petrochemical giant SABIC reports Q3 net loss

DUBAI: Saudi Basic Industries Corp (SABIC), one of the world’s biggest petrochemical companies, on Thursday posted...

Published 02 Nov, 2023 12:56pm

Stocks

Hong Kong stocks rally on Fed rate optimism

HONG KONG: Hong Kong stocks rose Thursday morning at the open as global markets rallied on hopes the Federal Reserve...

Published 02 Nov, 2023 12:38pm

Asia

Japan PM unveils $113bn stimulus as poll numbers slump

TOKYO: Japanese Prime Minister Fumio Kishida announced a stimulus package worth more than $100 billion on Thursday...

Published 02 Nov, 2023 12:25pm

Europe

More than 20,000 wounded people still in Gaza: MSF

PARIS: More than 20,000 wounded people are still trapped in the Gaza Strip, according to Doctors Without Borders...

Published 02 Nov, 2023 12:23pm

Asia

Flags at half-mast as China mourns late premier

BEIJING: Flags flew at half-mast in Beijing on Thursday as China readied the funeral of late ex-premier Li Keqiang,...

Published 02 Nov, 2023 12:14pm

Stocks

Tokyo shares close higher on chip shares

TOKYO: Tokyo stocks closed higher on Thursday, buoyed by gains on semiconductor shares, after the US Federal Reserve...

Updated 02 Nov, 2023 12:11pm

Sports

Dominant Djokovic wins Paris Masters opener

PARIS: World number one Novak Djokovic got off to a solid start in his quest for a record-extending seventh Paris...

Published 02 Nov, 2023 12:06pm

Middle East

Hezbollah says it downs Israeli drone; Israel disputes account

Hezbollah said on Thursday it destroyed an Israeli drone over south Lebanon with a surface-to-air missile, an...

Published 02 Nov, 2023 12:02pm

Forex

Indian rupee to inch up after ‘slightly dovish’ Fed; US yields decline

MUMBAI: The Indian rupee is expected to open marginally higher on Thursday on the back of a fall in US Treasury...

Published 02 Nov, 2023 11:56am

Sports

Jabeur donates part of WTA Finals prize money to help Palestinians

An emotional Ons Jabeur said she was donating part of her WTA Finals prize money to help Palestinians after her...

Published 02 Nov, 2023 11:54am

Forex

China’s onshore yuan steady as dollar softens, offshore yuan firms

SHANGHAI: China’s yuan held steady on Thursday, while its offshore counterpart firmed against a softening US dollar,...

Published 02 Nov, 2023 11:48am

Commodities

Indonesia approves 33,190 hectare palm oil area for replanting in Jan-Sept

NUSA DUA: Indonesia in the first nine months this year approved 33,190 hectares (82,014.28 acres) of palm oil area...

Published 02 Nov, 2023 11:46am

Stocks

China stocks track global peers higher

SHANGHAI: China stocks edged up on Thursday, while Hong Kong shares rose, tracking global markets as investors bet...

Published 02 Nov, 2023 11:44am

Sports

Australia’s Marsh out of England game, back home for personal reasons

Australia will be without Mitchell Marsh for their World Cup game against England this week after the all-rounder...

Published 02 Nov, 2023 11:42am

Mutual Funds

India bond yields fall, tracking US peers; seen rangebound for the day

MUMBAI: Indian government bond yields traded lower on Thursday as US yields plunged after the Federal Reserve...

Published 02 Nov, 2023 11:38am

How were prices of HSD, petrol kept unchanged?

ISLAMABAD: The interim government has kept the prices of high-speed diesel (HSD) and petrol unchanged with effect...

Updated 02 Nov, 2023 11:38am

Commodities

Indian shares gain after Fed keeps rates steady

BENGALURU: Indian shares advanced on Thursday after the US Federal Reserve’s rate pause and policy commentary led to...

Published 02 Nov, 2023 11:35am

Commodities

China’s 2023 soybean imports seen at record 105mn metric tons on strong Q4 arrivals

DALIAN/SINGAPORE: China’s soybean imports are likely to stay high through the fourth quarter, taking 2023 purchases...

Published 02 Nov, 2023 11:28am

Forex

Turkiye to withdraw up to 1 trillion lira of liquidity with required reserves change

ANKARA: Turkiye will withdraw around 1 trillion lira of liquidity from markets with a recent change in required...

Published 02 Nov, 2023 11:23am

Sports

New Zealand World Cup campaign on shaky ground as losses, injuries pile up

New Zealand leave Pune sore and sorry after notching up their third World Cup defeat in succession against South...

Published 02 Nov, 2023 11:19am

Asia

Jailed former Malaysian PM Najib in hospital with COVID-19

KUALA LUMPUR: Malaysia’s jailed former prime minister Najib Razak has been admitted to a hospital after testing...

Published 02 Nov, 2023 11:11am

Asia

Winter coming a week late in Beijing as northern China basks in warm weather

BEIJING: Winter is expected to arrive late, and suddenly in Beijing this year as daytime temperatures hovered above...

Published 02 Nov, 2023 11:08am

South Asia

India probing iPhone hacking complaints by opposition politicians

NEW DELHI: India’s cyber security agency is investigating complaints of mobile phone hacking by senior opposition...

Published 02 Nov, 2023 11:05am

Sports

Chile chasing Pan Am Games soccer golden double

SANTIAGO: It was a deja vu double celebration for Chile at the Pan American Games on Wednesday as Martina Weil...

Published 02 Nov, 2023 11:00am

Sports

Swiatek crushes Gauff at WTA Finals, Jabeur vanquishes Vondrousova

Iga Swiatek beat an out-of-sorts Coco Gauff 6-0 6-4 in windy conditions at the WTA Finals in Cancun on Wednesday...

Published 02 Nov, 2023 10:57am

Stocks

Asia shares, bonds rally as Powell feeds hopes of end to rate hikes

SYDNEY: Asian shares and bonds extended a global rally on Thursday as a non-committal Federal Reserve Chair had...

Published 02 Nov, 2023 10:54am

Mutual Funds

Japan 10- year JGB auction average yield at 0.910%, lowest accepted 0.915%

TOKYO: Japan’s Ministry of Finance said the yield at an auction of 10-year government bonds on Thursday averaged...

Published 02 Nov, 2023 10:37am

Bullion Rate

Gold firms as dollar, yields slip after Fed keeps rates steady

Gold prices edged up on Thursday, buoyed by a weaker US dollar and Treasury yields after the Federal Reserve held...

Published 02 Nov, 2023 10:35am

Forex

Australia, NZ dollars rally as risk mood brightens, rate outlooks diverge

SYDNEY: The Australian and New Zealand dollars enjoyed a rare rally on Thursday as speculation that US interest...

Published 02 Nov, 2023 10:33am

Stocks

Banks, mining stocks lift Australian shares after Fed holds rate

Australian shares rose more than 1% on Thursday led by heavyweight financial and mining stocks, after the US Federal...

Published 02 Nov, 2023 10:26am

Forex

Dollar tracks Treasury yields lower as Fed stays on hold

SINGAPORE: The dollar fell broadly on Thursday, tracking a slide in US Treasury yields as markets grew more...

Published 02 Nov, 2023 10:20am

Shamshad urged to extend tax returns filing deadline

ISLAMABAD: Tax practitioners, tax advisers, chartered accountants and tax experts have requested caretaker Finance...

Updated 02 Nov, 2023 10:01am

NTDC urges Nepra to release withheld amount

ISLAMABAD: National Transmission and Despatch Company (NTDC) on Wednesday urged National Electric Power Regulatory...

Updated 02 Nov, 2023 10:00am

Jul-Oct FY24: Trade deficit shrinks 34.7pc YoY

Country’s exports increase by 0.66 percent to $9.617 billion during July-October 2023-24

Updated 02 Nov, 2023 09:57am

LHC dismisses plea against ATIR member’s appointment

ISLAMABAD: The Lahore High Court (LHC), on Wednesday, dismissed a petition filed against the appointment of the...

Updated 02 Nov, 2023 09:31am

BR Research

Core inflation takes centrestage

National headline inflation expectedly cooled off from last month – clocking in at 26.89 percent year-on-year,...

Published 02 Nov, 2023 09:28am

BR Research

Autos: Never say never

After a colossal 40 percent reduction in vehicle sales in the first quarter year on year, automobile assemblers are...

Published 02 Nov, 2023 09:24am

BR Research

Khyber Tobacco Company

Khyber Tobacco Company (PSX: KHTC) was incorporated in Pakistan as a public limited company in 1954. The company...

Published 02 Nov, 2023 09:22am

Thatta water supply case: AC summons Zardari, 14 others on Dec 18

ISLAMABAD: The Accountability Court, on Wednesday, summoned former president Asif Ali Zardari and 14 others accused...

Updated 02 Nov, 2023 09:21am

$340bn investment needed to address climate challenges: finance minister

KARACHI: The Caretaker Finance Minister Shamshad Akhtar has said that to address climate-related challenges,...

Updated 02 Nov, 2023 09:19am

October CPI-based inflation stays high at 26.9pc YoY

ISLAMABAD: The Consumer Price Index (CPI) based inflation increased to 26.9 per cent on a year-on-year basis in...

Updated 02 Nov, 2023 09:18am

Replacing words ‘federal govt’ with appropriate authority: PM asks ministries, divisions to take action at their own level

ISLAMABAD: Caretaker Prime Minister Anwar-ul-Haq Kakar has directed Ministries/ Division to bring amendments of...

Updated 02 Nov, 2023 09:00am

Faizabad sit-in case: SC rejects govt’s fact-finding panel

ISLAMABAD: The Attorney General for Pakistan (AGP) said will advise the government to set up an Inquiry Commission...

Updated 02 Nov, 2023 08:58am

Nationwide operation launched

ISLAMABAD: Pakistan on Wednesday launched a nationwide operation to deport illegal foreign nationals, mostly...

Updated 02 Nov, 2023 08:56am

BR’s refresher: your morning briefing for the day

Important updates from November 1, 2023

Published 02 Nov, 2023 08:26am

Opinion

SIFC – A step in the right direction

In today’s world, ideas and concepts are changing rapidly. Countries are now fighting their battles on economic...

Published 02 Nov, 2023 03:16am

Opinion

Aga Khan III: A visionary leader who championed peace and humanity

In history, few are born who transcend the boundaries of time and place, leaving their imprints on the world stage....

Published 02 Nov, 2023 03:16am

Opinion

Present BoDs of Discos have to go

The de-bundling of Wapda’s Power Wing in 1996 has been traumatic, to say the least. Besides, it has also turned...

Published 02 Nov, 2023 03:16am

Opinion

On the table, getting carved

Israel’s success in bulldozing all attempts of international mediation in the Gaza conflict (thank you Uncle Sam)...

Published 02 Nov, 2023 03:16am

Editorials

No change to POL products’ prices

EDITORIAL: The Caretaker government has not passed on the benefit of a decline in the international price of oil and...

Published 02 Nov, 2023 03:15am

Pakistan

Rescue-1122 saves 158,228 victims in October

LAHORE: Rescue-1122 rescued as many as 158,228 victims while responding to 163,292 emergencies across Punjab during...

Published 02 Nov, 2023 03:16am

Sports

Pakistan Cup, Hanif Mohammad Cup 2023-24 get underway

LAHORE: Pakistan Cup on Wednesday gets underway at different venues in Abbottabad, Rawalpindi and Mirpur. The...

Published 02 Nov, 2023 03:16am

Pakistan

Six terrorists killed in Zhob IBO

ISLAMABAD: Security forces have killed six terrorists during an operation general area Sambaza, Zhob District of...

Published 02 Nov, 2023 03:16am

World

King Charles regrets for colonial abuses in Kenya

NAIROBI: Britain’s King Charles and Queen Camilla met with World War Two veterans in Kenya on Wednesday on the...

Published 02 Nov, 2023 03:16am

USA

Trump bashes NY judge, says ‘leave my children alone’

NEW YORK: Donald Trump lashed out on Wednesday at the judge presiding over his civil fraud trial in New York and ...

Published 02 Nov, 2023 03:16am

Europe

Iran, Turkey call for meeting to avert spread of Israel-Hamas war

ANKARA: Turkey and Iran on Wednesday called for a regional conference aimed at averting the spread of the...

Published 02 Nov, 2023 03:16am

World

Indonesian court jails CEO, three others, over deadly cough syrup

JAKARTA: An Indonesian court sentenced to jail on Wednesday the chief executive and three other officials of a...

Published 02 Nov, 2023 03:16am

World

UN denounces Israeli strikes on Gaza refugee camp

UNITED NATIONS: The United Nations on Wednesday decried strikes on Gaza’s largest refugee camp that killed scores...

Published 02 Nov, 2023 03:16am

Technology

UK, US, China sign AI safety pledge at UK summit

BLETCHLEY PARK (United Kingdom): Countries including the UK, United States and China on Wednesday agreed the “need...

Published 02 Nov, 2023 03:16am

Pakistan

PML-N invites applications for party tickets

LAHORE: Pursuant to decision taken in the party meeting, the Pakistan Muslim League Nawaz (PML-N) has formally...

Published 02 Nov, 2023 03:16am

Pakistan

Eviction of illegal foreign nationals begins in Punjab

LAHORE: After the expiry of October 31 deadline, the authorities across Punjab have started operation to deport the...

Published 02 Nov, 2023 03:16am

World

Iran urges Muslim states to halt trade with Israel

TEHRAN: Iran’s supreme leader Ayatollah Ali Khamenei urged Muslim countries Wednesday to halt trade with Israel,...

Published 02 Nov, 2023 03:16am

Pakistan

The Weather

KARACHI: The weather report on Wednesday (November 01, 2023) and the forecast for Thursday (November 02, 2023)...

Published 02 Nov, 2023 03:16am

Pakistan

Breast cancer treatment: Sports in Pakistan to raise Rs15m funds

KARACHI: Sports in Pakistan, a sports organisation, organised an activity of run and ride recently to promote...

Published 02 Nov, 2023 03:16am

Pakistan

Sindh govt integrates Complaint Cell with SLACC

KARACHI: The Sindh Government has taken a huge step towards enhancing citizen services with the integration of the...

Published 02 Nov, 2023 03:16am

Pakistan

Qul Khawani of former AGP

ISLAMABAD: Qul Khawani of former Auditor General Riyaz H Bokhari, who passed away in Lahore, will be held on...

Published 02 Nov, 2023 03:16am

Pakistan

Punjab govt directed to impose smog emergency in Lahore

LAHORE: The Lahore High Court on Wednesday directed the caretaker government of Punjab to impose smog emergency in...

Published 02 Nov, 2023 03:16am

Pakistan

President denounces use of brutal force against Palestinians

ISLAMABAD: President Dr Arif Alvi has denounced the use of brutal force against innocent Palestinians, and called ...

Published 02 Nov, 2023 03:16am

Money & Banking

PRA collects credit and debit card sales data

LAHORE: The Intelligence and Prosecution Cell (IPC) of the Punjab Revenue Authority has taken access to all credit...

Published 02 Nov, 2023 03:16am

Pakistan

PPPPA approves initiation of three projects

LAHORE: The executive committee of the Punjab Public Private Partnership Authority (PPPPA) on Wednesday approved the...

Published 02 Nov, 2023 03:16am

Pakistan

PHA to host tent pegging competition

LAHORE: The Parks and Horticulture Authority (PHA) of Lahore will host a two-day tent pegging competition at ...

Published 02 Nov, 2023 03:16am

Pakistan

Pakistan, Rwanda reiterate desire to strengthen ties

ISLAMABAD: Pakistan and Rwanda reiterated the desire to strengthen political, economic, and trade relations for the...

Published 02 Nov, 2023 03:16am

Pakistan

Our laws not allow import of seed: minister

ISLAMABAD: Caretaker Minister for National Food Security and Research (MNFS&R) Dr Kausar Abdullah Malik, on...

Published 02 Nov, 2023 03:16am

Pakistan

NESPAK awarded project of Smart Education City in Malir

LAHORE: NESPAK has been awarded a prestigious consultancy services project for the feasibility study and design of...

Published 02 Nov, 2023 03:16am

Pakistan

PTI senator in jail: LHC directs Home dept to provide better class

LAHORE: A division bench of the Lahore High Court on Wednesday directed the Home Department Punjab to provide better...

Published 02 Nov, 2023 03:16am

Pakistan

Killing of innocent Palestinians is genocide: Governor

LAHORE: Governor Punjab Muhammad Balighur Rehman attended the inauguration ceremony of “Tabeer” Project at LUMS...

Published 02 Nov, 2023 03:16am

Pakistan

JI for liberating national politics from few ruling families

LAHORE: Chief of Jamaat-e-Islami Sirajul Haq has emphasized the necessity to liberate national politics from the...

Published 02 Nov, 2023 03:16am

Pakistan

IK urges legal fraternity to start ‘rights movement’

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan has said that Pakistan stands at the crossroads and...

Published 02 Nov, 2023 03:16am

Pakistan

Huge quantity of drugs, prohibited injections seized

KARACHI: The Anti Smuggling Organisation (ASO) of the Collectorate of Customs Enforcement Karachi seized substantial...

Published 02 Nov, 2023 03:16am

Pakistan

Bilawal, Zardari greet to newly-elected SCBA office-bearers

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto-Zardari and President Pakistan People’s Party...

Published 02 Nov, 2023 03:16am

Pakistan

Alkhidmat Foundation plants 10,000 saplings

LAHORE: In a grand initiative to combat environmental pollution and to pay the tribute to Gaza-Palestine martyrs,...

Published 02 Nov, 2023 03:16am

Energy

Thar Coal Block II: 1035 households given solar power

KARACHI: The Thar Foundation recently inaugurated Village Electrification Project (VEP) to illuminate households in...

Published 02 Nov, 2023 03:16am

Pakistan

‘Lahore Lahore Aye’ festival in full swing

LAHORE: Under the auspices of the Punjab government, the vibrant Lahore Lahore Aye festival is in full swing at...

Published 02 Nov, 2023 03:16am

Pakistan

PM for using BISP database to provide targeted subsidies

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has directed the concerned authorities that the database of...

Published 02 Nov, 2023 03:16am

Pakistan

KP launches ‘GoBiz Connect’

PESHAWAR: The government of Khyber Pakhtunkhwa launched an online Government-Business Communication Platform, titled...

Published 02 Nov, 2023 03:16am

Stocks

IT, metals lead drop in Indian shares ahead of Fed decision

BENGALURU: Indian shares fell on Wednesday, dragged by weakness in metals due to weak economic data from China and ...

Published 02 Nov, 2023 03:16am

Stocks

Tokyo stocks close sharply higher

TOKYO: Tokyo stocks closed sharply higher on Wednesday, supported by rallies on Wall Street, a cheaper yen and...

Published 02 Nov, 2023 03:16am

Stocks

China stocks flat as economic data dampens sentiment

HONG KONG: China stocks were flat on Wednesday, as gains in shares of liquor giant Kweichow Moutai were partially...

Published 02 Nov, 2023 03:16am

Stocks

European shares rise on retail, healthcare boost

PARIS: Europe’s benchmark index rose on Wednesday, led by healthcare and retail stocks, with investors bracing for...

Published 02 Nov, 2023 03:16am

Pakistan

PBA elects office-bearers

KARACHI: Pakistan Broadcasters Association held its Annual General Body Meeting at Karachi on Wednesday. Majority ...

Published 02 Nov, 2023 03:16am

Letters

ECP must come clean about its plan

Although the Election Commission of Pakistan (ECP) has insisted that the elections will not be delayed any further,...

Published 02 Nov, 2023 03:16am

Pakistan

Interception/recording of phone calls: No permission granted to any agency, govt tells IHC

ISLAMABAD: The federal government has informed the Islamabad High Court (IHC) that no permission has been granted to...

Published 02 Nov, 2023 03:16am

Opinion

PARTLY FACETIOUS: Most poisons are delivered in food

“The Man Who Must Remain Nameless reckons he is being slowly poisoned.” “Well did you know that statistics...

Published 02 Nov, 2023 03:16am

Pakistan

Aleem greets new SCBA office-bearers

LAHORE: Istehkam-e-Pakistan Party (IPP) President Abdul Aleem Khan has congratulated Shehzad Shaukat and Ali Imran ...

Published 02 Nov, 2023 03:16am

Pakistan

2,026 encroachments removed in Lahore

LAHORE: The Lahore district administration removed 2,026 encroachments in various areas of the city on Wednesday. ...

Published 02 Nov, 2023 03:16am

Pakistan

Cabinet Division issues cyber security advisory for iPhone users

ISLAMABAD: The Cabinet Division has issued a cyber security advisory while saying that Apple iPhones were targeted...

Published 02 Nov, 2023 03:16am

Pakistan

Lawmakers condemn Israel’s atrocities on Palestinians

ISLAMABAD: Law-makers from both sides of the aisle in the upper house of Parliament joined hands on Wednesday to...

Published 02 Nov, 2023 03:16am

Pakistan

Warring tribes of Kurram reach a truce

ISLAMABAD: The warring tribes in Kurram district, Khyber-Pakhtunkhwa along the Pakistan-Afghanistan border agreed on...

Published 02 Nov, 2023 03:16am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (November 01, 2023). ====================================...

Published 02 Nov, 2023 03:15am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Wednesday (November 01, 2023). =======================================...

Published 02 Nov, 2023 03:15am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (November 01, 2023)...

Published 02 Nov, 2023 03:15am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 01, 2023)....

Published 02 Nov, 2023 03:15am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (November 01, 2023)....

Published 02 Nov, 2023 03:15am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (November 01, 2023). ======================== Open ...

Published 02 Nov, 2023 03:15am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday ...

Published 02 Nov, 2023 03:15am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Wednesday (November 01, 2023). ========================== ...

Published 02 Nov, 2023 03:15am

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 02 Nov, 2023 03:15am

Rates

LME official prices

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

Published 02 Nov, 2023 03:15am

Commodities

Gold prices drop sharply

KARACHI: Gold prices on Wednesday saw a sizeable fall on the local market, traders said. They reached Rs211800 per...

Published 02 Nov, 2023 03:15am

Cotton & Textile

Cotton spot rate gains Rs200 per maund

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Wednesday increased the spot rate by Rs...

Published 02 Nov, 2023 03:15am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday (November 01, 2023)...

Published 02 Nov, 2023 03:15am

Commodities

Copper ends steady despite weak China industrial data

LONDON: Copper prices were steady on Wednesday despite weak manufacturing data from China as cautious investors ...

Published 02 Nov, 2023 03:15am

Commodities

Malaysian palm oil futures tepid on rising stockpiles

SINGAPORE: Malaysian palm oil futures traded flat on Wednesday, as concerns over rising stockpiles were offset by...

Published 02 Nov, 2023 03:15am

Commodities

Gold little changed as Fed decision looms

BENGALURU: Gold prices were little changed on Wednesday as investors stayed on the sidelines ahead of the US central...

Published 02 Nov, 2023 03:15am

Commodities

PMEX daily trading report

KARACHI: On Tuesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 22.228...

Published 02 Nov, 2023 03:15am

Energy

Oil prices up as war rages in ME

NEW YORK: Oil prices climbed about 2% on Wednesday on worries the conflict in the Middle East could disrupt oil...

Published 02 Nov, 2023 03:15am

Commodities

Iron ore rallies on positive signals from China financial meet

BEIJING: Iron ore strengthened on Wednesday as positive signals from top consumer China’s latest financial meeting...

Published 02 Nov, 2023 03:15am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 177,516 tonnes of cargo comprising 127,175 tonnes of import cargo and 50,341...

Published 02 Nov, 2023 03:15am

Commodities

Japanese rubber futures rise

SINGAPORE: Japanese rubber futures rose on Wednesday after a brief dip in the previous session, buoyed by a soft yen...

Published 02 Nov, 2023 03:15am

Stocks

Wall St gains as yields slip in run-up to Fed decision

NEW YORK: Wall Street climbed on Wednesday with investors optimistic about the Federal Reserve keeping interest ...

Published 02 Nov, 2023 03:15am

Stocks

Asian FX fall ahead of Fed meeting

BENGALURU: Most emerging Asian currencies fell on Wednesday as caution prevailed ahead of a highly awaited policy...

Published 02 Nov, 2023 03:15am

Energy

India, BD launch coal-fired power plant

NEW DELHI: India and Bangladesh on Wednesday jointly opened a coal-fired power plant near one of the world’s...

Published 02 Nov, 2023 03:15am

Energy

LESCO detects over 200 illegal connections

LAHORE: The Lahore Electric Supply Company (LESCO) detected total 201 connections from where the customers were...

Published 02 Nov, 2023 03:15am

Rates

Another bullish day

KARACHI: A bullish trend continued on Pakistan Stock Exchange on Wednesday. The market again posted healthy gains on...

Published 02 Nov, 2023 03:15am

Life & Style

Islamabad Literature Festival begins from Nov 3

ISLAMABAD: The 9th Islamabad Literature Festival (ILF), a three-day literary celebration is set to grace the ...

Published 02 Nov, 2023 03:15am

Industry

HCSTSI holds Industries and Commerce Works Committee meeting

HYDERABAD: The first meeting of the Industries and Commerce Works Committee was held at the Secretariat of the...

Published 02 Nov, 2023 03:15am

Industry

Disappointment shown on not reducing interest rate

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian...

Published 02 Nov, 2023 03:15am

Industry

‘Current hike in gas rate unviable for SMEs’

KARACHI: President of SITE Association of Industry Muhammad Kamran Arbi has termed the current hike in gas rate as...

Published 02 Nov, 2023 03:15am

Industry

Earnings up 52pc YoY, dividend 13pc: Corporate sector posts record profitability in Q1

KARACHI: The listed corporate sector companies performed exceptionally well, as the KSE-100 index companies recorded...

Published 02 Nov, 2023 03:15am

Industry

July to Oct: LCCI praises FBR for achieving Rs2.75trn collection

LAHORE: President of the Lahore Chamber of Commerce & Industry, Kashif Anwar, has commended the Federal Board of...

Published 02 Nov, 2023 03:15am

Money & Banking

Discos’ infrastructure: Significant investment needed: ADB

ISLAMABAD: Asian Development Bank (ADB) has said that significant investment is required in critical infrastructure...

Published 02 Nov, 2023 03:15am

Money & Banking

India rupee falls to record low

MUMBAI: The Indian rupee fell to a record low in the last minute of trade on Wednesday, on the back of heavy demand...

Published 02 Nov, 2023 03:15am

Money & Banking

Yen rises after Japan ramps up intervention warning

NEW YORK: The struggling yen rose from a one-year low against the US dollar and a 15-year trough versus the euro on...

Published 02 Nov, 2023 03:15am

Taxes

South Africa seeks tax boost as higher debt peak forecast

CAPE TOW: South Africa’s finance minister will propose tax changes next year as part of an effort to stabilise...

Published 02 Nov, 2023 03:15am

Money & Banking

PayPal gets crypto green light in UK as sets up post-Brexit base

LONDON: PayPal has been registered to offer cryptoasset activities in Britain, the Financial Conduct Authority said...

Published 02 Nov, 2023 03:15am

Industry

US manufacturing shrinks more than expected in Oct

WASHINGTON: US manufacturing activity contracted in October by more than analysts had expected as new orders fell...

Published 02 Nov, 2023 03:15am

Money & Banking

SBP, CDC launch RAAST payment facility for mutual funds

KARACHI: Central Depository Company (CDC) has collaborated with the State Bank of Pakistan (SBP) for allowing...

Published 02 Nov, 2023 03:15am

Money & Banking

Visa and HBL launch ‘She’s Next’ programme

KARACHI: Visa, in partnership with HBL, launched the Global “She’s Next” programme to empower women...

Published 02 Nov, 2023 03:15am

Editorials

Public sector pension reforms

EDITORIAL: Just days after it was revealed that the federal government pays trillions of rupees in pays and pensions...

Published 02 Nov, 2023 03:15am

Commodities

Urea for Rabi season: Gas supply to Fatima, Agritech plants will continue: ECC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has decided that uninterrupted gas supply will...

Published 02 Nov, 2023 03:15am

Companies

Toyota hikes wage of US factory workers after UAW labor deals

WASHINGTON: Toyota Motor said on Wednesday it is raising the wages of nonunion US factory workers just days after ...

Published 02 Nov, 2023 03:15am

World

US believes Hamas cannot govern Gaza in future: White House

ABOARD AIR FORCE ONE: The United States does not believe the pro-Iranian Palestinian group Hamas can be involved in...

Published 02 Nov, 2023 12:20am

South Asia

‘Babies are suffering’: Afghans fear for kids at crowded border crossing

TORKHAM: Khalida’s young son fell ill while they were on the road to Afghanistan, racing to leave Pakistan under...

Published 02 Nov, 2023 12:04am

Europe

Ukraine needs new military capabilities as war moves to attritional fighting: army chief

KYIV: Ukraine's commander-in-chief said on Wednesday the war with Russia was moving to a new stage of positional...

Published 02 Nov, 2023 12:11am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 12	277.86
USD PKR Interbank Buying / Aug 12	277.66
USD to Japanese Yen / Aug 12	159.43
USD to Swiss Franc / Aug 12	0.81
Pound Sterling to USD / Aug 12	1.35
Euro to USD / Aug 12	1.15
SOFR % / Aug 12	3.62

Stock	Volume
S&P 500 / Aug 12	7,748.50
India Sensex / Aug 12	77,966.35
Tokyo Nikkei / Aug 12	67,524.06
Nasdaq / Aug 12	26,588.49
Hang Seng / Aug 12	25,440.17
FTSE 100 / Aug 12	10,833.15
Dow Jones / Aug 12	53,770.27
Germany DAX 30 / Aug 12	26,331.07
France CAC40 / Aug 12	8,674.94

Item	Value
Karachi Cotton PKR/37.32 KG / Aug 11	18,580
Crude Oil USD/Barrel / Aug 12	82.60
Gold 10 Grams PKR / Aug 12	397,750
Gold Spot USD/Ounce / Aug 12	4,407.12
Cotton US¢/pound / Aug 12	84.38
Petrol/Litre / Aug 13	325.92
Diesel/Litre / Aug 13	382.25

Gainers
Losers
Leaders

Stock	Price
Paramount Spinning / Aug 12 Paramount Spinning Mills Limited(PASM)	12.39 ▲ 1.13 (10.04%)
Ashfaq Textile / Aug 12 Ashfaq Textile Mills Limited(ASHT)	44.84 ▲ 4.08 (10.01%)
Cordoba Logistics / Aug 12 Cordoba Logistics & Ventures Limited(CLVL)	22.96 ▲ 2.09 (10.01%)
Al-Khair Gadoon / Aug 12 Al-Khair Gadoon Limited(AKGL)	72.28 ▲ 6.57 (10%)
Aisha Steel (CPS) / Aug 12 Aisha Steel Mills Limited (CPS)(ASLCPS)	104.39 ▲ 9.49 (10%)
Asim Textile / Aug 12 Asim Textile Mills Limited(ASTM)	82.27 ▲ 7.48 (10%)
Buxly Paints / Aug 12 Buxly Paints Limited(BUXL)	305.49 ▲ 27.77 (10%)
Fecto Cement / Aug 12 Fecto Cement Limited(FECTC)	122.41 ▲ 11.13 (10%)
J.A.Textile / Aug 12 J.A. Textile Mills Limited(JATM)	62.58 ▲ 5.69 (10%)
Ruby Textile / Aug 12 Ruby Textile Mills Limited(RUBY)	25.51 ▲ 2.32 (10%)

Stock	Price
Pak Gen.Ins. / Aug 12 The Pakistan General Insurance Co. Ltd.(PKGI)	23.82 ▼ -2.65 (-10.01%)
D.S. Ind. Ltd. / Aug 12 D.S. Industries Limited(DSIL)	15.07 ▼ -1.67 (-9.98%)
First Tri-Star Mod. / Aug 12 First Tri-Star Modaraba(FTSM)	49.29 ▼ -5.39 (-9.86%)
Jubilee Spinning / Aug 12 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	50.79 ▼ -3.6 (-6.62%)
Din Tex. / Aug 12 Din Textile Mills Limited(DINT)	63.59 ▼ -4.4 (-6.47%)
Sindh Abadgar / Aug 12 Sindh Abadgar's Sugar Mills Limited(SASML)	362 ▼ -24.07 (-6.23%)
Elahi Cotton / Aug 12 Elahi Cotton Mills Limited(ELCM)	233.96 ▼ -12.98 (-5.26%)
Saritow Spinning / Aug 12 Saritow Spinning Mills Limited(SSML)	24.98 ▼ -1.36 (-5.16%)
Aisha Steel(ConPS) / Aug 12 Aisha Steel(ConPS)(ASLPS)	26.73 ▼ -1.33 (-4.74%)
IbrahimFibres / Aug 12 Ibrahim Fibres Limited(IBFL)	274.91 ▼ -13.65 (-4.73%)

Stock	Volume
Cnergyico PK / Aug 12 Cnergyico PK Limited(CNERGY)	67,754,373 ▲ 0.27
D.S. Ind. Ltd. / Aug 12 D.S. Industries Limited(DSIL)	67,531,272 ▼ -1.67
Hascol Petrol / Aug 12 Hascol Petroleum Limited(HASCOL)	47,270,202 ▲ 0.14
WorldCall Telecom / Aug 12 Worldcall Telecom Limited(WTL)	31,081,052 ▼ -0.03
Trust Sec.& Brok. / Aug 12 Trust Securities & Brokerage Limited(TSBL)	27,947,995 ▲ 0.13
Siddiqsons Tin / Aug 12 Siddiqsons Tin Plate Limited(STPL)	25,565,990 ▼ -0.2
Thatta Cement / Aug 12 Thatta Cement Company Limited(THCCL)	24,972,760 ▲ 3.09
Cres.Star Ins. / Aug 12 Crescent Star Insurance Limited(CSIL)	20,798,571 ▲ 0.31
Unity Foods Ltd / Aug 12 Unity Foods Limited(UNITY)	20,640,954 ▼ -0.33
B.O.Punjab / Aug 12 The Bank of Punjab(BOP)	18,147,542 ▲ 0.29