News Archives for Latest - 2023-12-09

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Archive - 2023-12-09

Europe

Environmental activists pour green dye in Venice canal

ROME: Environmental activists from the group Extinction Rebellion poured dye into Venice's Grand Canal and several...

Published 09 Dec, 2023 10:58pm

World

COP28 president says summit 'making progress, but not fast enough'

DUBAI: The COP28 president said Saturday that the climate summit was making progress but "not fast enough" as he...

Published 09 Dec, 2023 10:32pm

Europe

France detains 80 in largest child sex crime swoop

PARIS: Around 80 men, including a local councillor and two schoolteachers, were detained this week in France's most...

Published 09 Dec, 2023 10:23pm

‘$100bn export vision’: EAC charts course

ISLAMABAD: The Export Advisory Council (EAC) on Friday held its inaugural meeting under the chairmanship of...

Updated 09 Dec, 2023 09:53pm

Pakistan

Sarah Inam murder case: Verdict to be announced on December 14

Sarah was allegedly murdered by her husband

Updated 09 Dec, 2023 09:53pm

Middle East

US 'responsible for bloodshed' of Gaza children after UN veto: Abbas

Washington's veto at a special meeting of the Security Council on Friday scuttled the growing efforts towards an immediate humanitarian ceasefire in the territory led by UN chief Antonio Guterres and Arab nations

Updated 09 Dec, 2023 09:52pm

Middle East

Israel strikes Gaza after failed UN ceasefire bid

An Israeli strike on the southern city of Khan Yunis kills six people

Updated 09 Dec, 2023 09:51pm

Pakistan

Nawaz stresses on improving relations with India, other neigbours

Says Pakistan needs to strengthen affairs further with Iran and China

Updated 09 Dec, 2023 09:51pm

Luxury

Hermès to Gulf royals: world’s richest add $1.5trn to their wealth in 2023

Al Nahyans, the rulers of Abu Dhabi, lead the way followed by the Walton family

Updated 09 Dec, 2023 08:18pm

Cricket

Australia’s Sutherland tops Women’s Premier League auction

NEW DELHI: Some of the world’s top women cricketers netted lucrative deals during Saturday’s Women’s Premier League...

Published 09 Dec, 2023 08:09pm

Football

‘Great feeling’ for Salah after landmark Liverpool goal

LONDON: Mohamed Salah admitted his 200th Liverpool goal was a “great feeling” as the Egypt star urged his side to do...

Published 09 Dec, 2023 08:04pm

Asia

China sees COP28 progress on fossil fuels

DUBAI: China said Saturday it saw progress at COP28 climate talks in a dispute over the future of fossil fuels, as...

Published 09 Dec, 2023 07:13pm

Bullion Rate

Gold price per tola falls Rs3,000 in Pakistan

Gold rates in Pakistan decreased on Saturday, in line with the decline in the international rate. The yellow metal...

Updated 09 Dec, 2023 07:09pm

Middle East

Iran says reviving nuclear deal 'useless'

TEHRAN: Iran said Saturday that attempting to revive its landmark nuclear deal with world powers that was...

Published 09 Dec, 2023 06:56pm

Europe

Turkiye's Erdogan denounces UN 'Israel protection council'

ISTANBUL: Turkish President Recep Tayyip Erdogan on Saturday denounced the UN Security Council after the United...

Published 09 Dec, 2023 06:50pm

Europe

Ukraine condemns Russian plans for elections on occupied territory

KYIV: Ukraine on Saturday strongly condemned Russian plans to hold presidential elections next spring on occupied...

Published 09 Dec, 2023 05:50pm

Pakistan

Female rescue scout team of Kasur wins CERT challenge

LAHORE: Punjab Governor Muhammad Balighur Rehman has appreciated the winning team of International Volunteer Day...

Updated 09 Dec, 2023 05:48pm

Europe

Putin thanks Egypt’s Sisi for Gaza help in call on eve of election

MOSCOW: Russian President Vladimir Putin discussed the situation in Gaza in a phone call on Saturday with Egyptian...

Published 09 Dec, 2023 05:46pm

Europe

Germany’s Scholz confident that budget crisis can be overcome

BERLIN/FRANKFURT: German Chancellor Olaf Scholz said on Saturday he was confident that tough talks with coalition...

Published 09 Dec, 2023 05:35pm

Sports

Sensational Shiffrin takes St Moritz downhill for 91st victory

ST. MORITZ: Mikaela Shiffrin produced a sensational run in the downhill at St Moritz on Saturday to claim her 91st...

Published 09 Dec, 2023 05:19pm

Football

FIFA confirm three candidates to host 2027 Women’s World Cup

PARIS: FIFA on Saturday confirmed that three bids to host the Women’s World Cup in 2027 had been lodged “across...

Published 09 Dec, 2023 05:12pm

Markets

$100 billion export vision: Pakistan eyes to reduce trade deficit with China

A 20-member delegation representing all sectors of Pakistan’s export sector will leave for China on Sunday

Published 09 Dec, 2023 04:50pm

World

OPEC members push against including fossil fuels phase-out in COP28 deal

DUBAI: OPEC members are pushing against attempts to include language on “phasing out” fossil fuels in a COP28...

Updated 09 Dec, 2023 04:35pm

Debt servicing: CPHGCL urges CPPA-G to make Rs25.4bn payment

ISLAMABAD: China Power Hub Generation Company Limited (CPHGCL) has urged Central Power Purchasing Agency–Guaranteed...

Updated 09 Dec, 2023 04:34pm

Q1: Provinces’ budget surplus dips 76pc YoY

ISLAMABAD: The provinces have generated a budget surplus of Rs51.403 billion in the first quarter of the ongoing...

Updated 09 Dec, 2023 04:34pm

Sukuk receives Rs479bn participation against Rs30bn target

KARACHI: The first-ever auction for a one-year Government of Pakistan Ijarah Sukuk at the Pakistan Stock Exchange on...

Updated 09 Dec, 2023 04:34pm

Primary auction for GDS will also be held on PSX

This follows the change in rules by the Cabinet to enable government debt to be raised from the capital markets in addition to the State Bank of Pakistan

Updated 09 Dec, 2023 04:33pm

Europe

One killed in Russian drone attack on Ukraine’s Kherson region

KYIV: One civilian was killed and another wounded after Russian forces dropped an explosive from a drone on a town...

Published 09 Dec, 2023 02:48pm

Cricket

New Zealand beat Bangladesh by four wickets in second Test

DHAKA: New Zealand beat Bangladesh by four wickets on the fourth day of the final Test to draw the two-match series...

Updated 09 Dec, 2023 02:39pm

Travel

Paris’ Louvre museum to hike ticket prices by 29%

PARIS: The Louvre art museum in Paris will hike its basic entrance fee next year by 29%, adding to concerns that...

Published 09 Dec, 2023 01:29pm

Movies & Music

Time of the sign: Hollywood landmark hits 100

HOLLYWOOD, United States: The landmark word has loomed over Tinseltown since before movies started talking, becoming...

Published 09 Dec, 2023 01:18pm

South Asia

Sydney bakes in hottest day in three years

SYDNEY: A heatwave scorched Australia’s eastern coast and sent temperatures in Sydney to a three-year high Saturday...

Published 09 Dec, 2023 12:50pm

Europe

Spanish minister slams ‘disgusting’ OPEC push on fossil fuels

DUBAI: Spanish ecology transition minister Teresa Ribera lashed out Saturday at an OPEC bid to block any phase-out...

Published 09 Dec, 2023 12:43pm

South Asia

India’s Modi aims to make GIFT City a centre for sustainable finance

AHMEDABAD: India wants to make its financial hub in the western state of Gujarat a centre for global sustainable...

Published 09 Dec, 2023 12:35pm

SPV 21 seeks govt help to assert its position regarding KE

ISLAMABAD: Infrastructure Growth Capital Fund LP (IGCF) SPV 21 claims to own 53.8 per cent shares of KES Power...

Updated 09 Dec, 2023 12:28pm

Cricket

Healy named Australia captain across all three formats

Alyssa Healy has been appointed captain of Australia’s women’s cricket team across all three formats, replacing Meg...

Published 09 Dec, 2023 10:32am

Sports

Kyrgios pulls out of Australian Open due to injury

Nick Kyrgios has withdrawn from next month’s Australian Open for a second successive year due to ongoing injuries...

Published 09 Dec, 2023 10:27am

South Asia

China’s consumer prices fall fastest in 3 years, factory-gate deflation deepens

BEIJING: China’s consumer prices fell the fastest in three years in November while factory-gate deflation deepened,...

Published 09 Dec, 2023 10:25am

Sports

Chelsea need to improve at defending crosses, says Pochettino

Chelsea need to nullify their opponents’ aerial threat and avoid conceding from crosses, the Premier League club’s...

Published 09 Dec, 2023 10:20am

South Asia

US, South Korea, Japan to step up actions on North Korea cyber threats

SEOUL: The United States, South Korea and Japan agreed new initiatives on Saturday to respond to North Korea’s...

Published 09 Dec, 2023 10:17am

‘Regulatory Sandbox’: SBP issues guidelines

KARACHI: The State Bank of Pakistan (SBP) has issued draft guidelines on Regulatory Sandbox for public consultation....

Updated 09 Dec, 2023 10:04am

Dar seeks global collaboration for economic prosperity

ISLAMABAD: Leader of the House in Senate, Senator Mohammad Ishaq Dar on Friday emphasized the significance of...

Updated 09 Dec, 2023 10:04am

Receivables of PSO against PIA reach Rs27.5bn

ISLAMABAD: The accumulated receivable of state-owned Pakistan State Oil (PSO) has reached Rs27.512 billion including...

Updated 09 Dec, 2023 09:10am

145 govt organisations: FBR defines ‘economic transaction’ for maintaining data

ISLAMABAD: The Federal Board of Revenue (FBR) will maintain record of economic transactions of transfers of gifts...

Updated 09 Dec, 2023 09:09am

5G will be arriving in July next year, says minister

ISLAMABAD: Caretaker Federal Minister of Information Technology and Telecommunication Dr Umar Saif on Friday...

Updated 09 Dec, 2023 09:02am

BR’s refresher: your morning briefing for the day

Important updates from December 8, 2023

Published 09 Dec, 2023 08:58am

Letters

‘Fallout of the Gaza war’

This is apropos a Business Recorder op-ed “Fallout of the Gaza war” carried by the newspaper last month. The...

Updated 09 Dec, 2023 06:11am

Pakistan

TIP releases ‘National Corruption Perception Survey 2023’

ISLAMABAD: In the last 23 years, Transparency International Pakistan has conducted National Corruption Perception...

Published 09 Dec, 2023 05:46am

Opinion

Serious efforts at last!

As winter sets in and major cities in the country are engulfed with fog and smog with related diseases figures sky...

Published 09 Dec, 2023 05:46am

Opinion

Unveiling the malaise and despondency

The recent success on IMF (International Monetary Fund) funding, a bullish stock market, the rupee value stabilizing...

Published 09 Dec, 2023 05:46am

Supplements

Republic of Kenya 60th Jamhuri Day: Message from H.E. Dr. William Samoei Ruto, CGH President of the Republic of Kenya and Commander-in-chief of the Kenya Defence Forces

TEXT: This year’s celebration marks 60 years of Kenya’s independence. The relations between the Republic of ...

Published 09 Dec, 2023 05:47am

World

Putin says he will run for re-election in 2024

MOSCOW: Russian President Vladimir Putin announced on Friday that he would run for re-election in 2024, allowing the...

Published 09 Dec, 2023 05:47am

World

UN SC ‘complicit’ in Gaza ‘slaughter’: MSF

GENEVA: The UN Security Council is “complicit in the ongoing slaughter” in the Gaza Strip and must vote Friday ...

Published 09 Dec, 2023 05:47am

World

US embassy in Baghdad attacked with rockets

BAGHDAD: Rockets were fired at the US embassy in Baghdad on Friday in an attack believed to have been carried out by...

Published 09 Dec, 2023 05:47am

World

Battles rage across Gaza as UN holds rare vote

GAZA STRIP, (Palestinian Territories): Israeli forces maintained a relentless bombardment and ground invasion across...

Published 09 Dec, 2023 05:47am

Pakistan

The Weather

KARACHI: The weather report on Friday (December 08, 2023) and the forecast for Saturday (December 09, 2023)...

Published 09 Dec, 2023 05:47am

Supplements

Message from AMB. M . Nyambura Kamau, High commissioner, Kenya High commission Islamabad on the 60th anniversary of Kenya’s independence

TEXT: I wish to extend our warm welcome to you all during this year's 60th anniversary of the independence of the...

Published 09 Dec, 2023 05:47am

Supplements

Message from Muhammad Hanif Janoo Honorary consul of the Republic of Kenya in Karachi on the 60th anniversary of Kenya’s independence

TEXT: It gives me great pleasure to extend my warm greetings to the government and people of Kenya on the auspicious...

Published 09 Dec, 2023 05:47am

Supplements

Magical Kenya

OFFICIAL NAME: Republic of Kenya FORM OF GOVERNMENT: Republic CAPITAL: Nairobi POPULATION: 48,397,527...

Published 09 Dec, 2023 05:47am

Supplements

The Bottom-up Economic Transformation Agenda 2023 -2027 (Beta)

TEXT: Kenya Vision 2030 is the long-term development blueprint for the country and is motivated by a collective...

Published 09 Dec, 2023 05:47am

Supplements

Kenya: A Leader in Sustainable Tourism

TEXT: Environmental conservation and tourism have co-existed and developed alongside each other for a very long ...

Published 09 Dec, 2023 05:47am

Supplements

Experience Kenya’s Adventure

TEXT: Signature Experiences, Kenya offers the kind of challenges that are guaranteed to get the heart pumping and ...

Published 09 Dec, 2023 05:47am

Supplements

Kenya-Pakistan Relations

TEXT: Kenya-Pakistan Relations Kenya–Pakistan relations entail the bilateral relations between Pakistan and Kenya....

Published 09 Dec, 2023 05:47am

Supplements

Invest in KENYA: East Africa's Powerhouse

TEXT: Kenya is the largest and most advanced economy in East and Central Africa. Its GDP accounts for more than 50...

Published 09 Dec, 2023 05:47am

Supplements

A different safari experience

TEXT: Olarro by Hermes retreat by Vittoria in the Masai Mara Deep in the Masai Mara ecosystem sits Olarro ...

Published 09 Dec, 2023 05:47am

Pakistan

PM for greater use of technology to improve healthcare

KARACHI: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Friday said that the government was eager to take advantage...

Published 09 Dec, 2023 05:47am

Pakistan

Need for creating ‘special’ opportunities for minorities stressed

KARACHI: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Friday reaffirmed the equal rights for minority communities...

Published 09 Dec, 2023 05:46am

Pakistan

APNS condoles death

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

Published 09 Dec, 2023 05:46am

Pakistan

JI sets conditions for cooperation with mayor

KARACHI: Jamaat-e-Islami (JI) on Friday laid down its conditions including presentation of the fiscal budget and...

Published 09 Dec, 2023 05:46am

Pakistan

BRTs feeder routes: Sindh govt to induct 180 e-buses

KARACHI: The Sindh government has decided to induct 180 electric buses -to be powered by solar energy - on the...

Published 09 Dec, 2023 05:46am

Pakistan

PPP has always strived to alleviate common man’s suffering: Zardari

KARACHI: Former President & Co Chairman of Pakistan People’s Party Asif Ali Zardari has said that PPP has over...

Published 09 Dec, 2023 05:46am

Pakistan

British Asian Trust, Citi Foundation celebrate successful partnership to create sustainable livelihoods

ISLAMABAD: The British Asian Trust and Citi Foundation, in collaboration with partners CIRCLE Women and AWF Pvt. ...

Published 09 Dec, 2023 05:46am

Pakistan

Upcoming elections: Bugti vows to provide full security to ECP

ISLAMABAD: Caretaker Interior Minister Sarfraz Bugti, on Friday, said that maximum security would be provided for...

Published 09 Dec, 2023 05:46am

Pakistan

PTI assails Nawaz for his remarks about IK

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Friday lashed out at ex-prime minister Nawaz Sharif for his “absurd,...

Published 09 Dec, 2023 05:46am

Pakistan

‘Western economic theory’ no solution to our problems: BISP chief

ISLAMABAD: Chairperson Benazir Income Support Programme (BISP) Dr Amjad Saqib has once again opposed the “Western...

Published 09 Dec, 2023 05:46am

Pakistan

Toshakhana case: IK’s plea for larger bench referred to CJ

LAHORE: Justice Shujaat Ali Khan of the Lahore High Court (LHC) referred a petition of former PTI chairman Imran ...

Published 09 Dec, 2023 05:46am

Pakistan

ECP issues notice to PTI on expelled member’s petition

ISLAMABAD: In an unusual move, the poll body has issued a notice to Pakistan Tehreek-e-Insaf (PTI), mainly on a...

Published 09 Dec, 2023 05:46am

Pakistan

Move to discourage consumption: ‘FED on cigarettes hiked by 146pc on WHO’s advice’

ISLAMABAD: Pakistan has taken big strides, increasing federal excise duty (FED) by 146 percent on cigarettes in line...

Published 09 Dec, 2023 05:46am

Pakistan

Ahad Cheema acquitted in assets beyond means case

LAHORE: An accountability court on Friday acquitted adviser to Prime Minister Ahad Cheema in a reference of assets...

Published 09 Dec, 2023 05:46am

Pakistan

Al-Qadir Trust case: AC orders to publish proclamation orders of co-accused

ISLAMABAD: An Accountability Court on Friday ordered to publish the proclamation orders of co-accused in the £190...

Published 09 Dec, 2023 05:46am

Pakistan

Auqaf mosques in Sindh to have separate prayer space for women

KARACHI: Sindh government has decided to allocate separate spaces in all mosques administered by the Department of...

Published 09 Dec, 2023 05:46am

Pakistan

Collection of Hajj application: Authorized banks to remain open today & tomorrow

KARACHI: Branches of authorized banks to remain open on Saturday and Sunday for collection of application forms with...

Published 09 Dec, 2023 05:46am

Pakistan

Call to adopt tobacco harm reduction strategies

ISLAMABAD: Pakistan should consider adopting tobacco harm reduction strategies as part of tobacco control in public...

Published 09 Dec, 2023 05:46am

Pakistan

Court adjourns hearing of IK’s Nikkah case

ISLAMABAD: A local court, on Friday, adjourned the hearing of the case regarding the Nikkah of former premier Imran...

Published 09 Dec, 2023 05:46am

Pakistan

‘Govt assures of continuity of Sehat Card Programme across country’

ISLAMABAD: The federal government has assured federating units of continuity of federal Sehat Card Programme across...

Published 09 Dec, 2023 05:46am

Pakistan

JI lays conditions for cooperation with mayor

KARACHI: Jamaat-e-Islami (JI) on Friday laid down its conditions including presentation of the fiscal budget and...

Published 09 Dec, 2023 05:46am

Pakistan

Laws being made in KMC Council to improve LG affairs: Wahab

KARACHI: Mayor Karachi Barrister Murtaza Wahab has said that laws are being made through resolutions in the KMC...

Published 09 Dec, 2023 05:46am

Pakistan

LHC nullifies delimitation of PP-35 and PP-59

LAHORE: The Lahore High Court on Friday declared the delimitation of constituencies PP-35 and PP-59 of Wazirabad and...

Published 09 Dec, 2023 05:46am

Pakistan

NAB is now on same page with PML-N: Murad

KARACHI: Pakistan Peoples’ Party (PPP) leader Syed Murad Ali Shah said on Friday that the National Accountability...

Published 09 Dec, 2023 05:46am

Pakistan

Toshakhana case: NAB summons Bushra Bibi on 11th

ISLAMABAD: The National Accountability Bureau (NAB) on Friday summoned former prime minister Imran Khan’s wife...

Published 09 Dec, 2023 05:46am

Pakistan

Naval chief highlights PN initiatives in enhancing maritime, coastal security

ISLAMABAD: Chief of Staff Vice Admiral Ovais Ahmed Bilgrami, on Friday, highlighted the Pakistan Navy initiatives in...

Published 09 Dec, 2023 05:46am

Pakistan

Attock, Chakwal & DGK: OGDCL, PSDF agree to provide free skills training to 150 individuals

LAHORE: In a significant move towards fostering empowerment and skill development, Oil and Gas Development Company...

Published 09 Dec, 2023 05:46am

Pakistan

PDWP approves 3 uplift schemes

LAHORE: The Punjab government has approved three development schemes for the higher education, urban development, ...

Published 09 Dec, 2023 05:46am

Pakistan

PFA sets ablaze 2,000kg expired meat

LAHORE: The Punjab Food Authority (PFA) on Friday set ablaze 2,000 kilograms of expired meat as per eco-friendly...

Published 09 Dec, 2023 05:46am

Pakistan

Rally marks Int’l Anti-Corruption Day

HYDERABAD: The International Anti-Corruption Day highlighted through an awareness rally by District administration...

Published 09 Dec, 2023 05:46am

Pakistan

Sarwar may rejoin PTI

ISLAMABAD: Chief Organiser, Pakistan Muslim League (Quaid-i-Azam) PML(Q) and two times former Punjab Governor...

Published 09 Dec, 2023 05:46am

Pakistan

COP28 Pak Pavilion in Dubai: Sherry urges early action, accountability to address challenge of climate change

ISLAMABAD: Senator Sherry Rehman on Friday delivered an address at the COP28 Pakistan Pavilion in Dubai, urging...

Published 09 Dec, 2023 05:46am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (December 08, 2023). ==================================== BR...

Published 09 Dec, 2023 05:46am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (December 08, 2023)....

Published 09 Dec, 2023 05:46am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (December 08, 2023). ======================== Open Bid...

Published 09 Dec, 2023 05:46am

Forex

Open market rates of foreign currencies

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

Published 09 Dec, 2023 05:46am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (December 08, 2023). ========================== KIBOR...

Published 09 Dec, 2023 05:46am

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 09 Dec, 2023 05:46am

Stocks

Indian stocks post longest weekly winning run in three years

BENGALURU: India’s benchmark indexes posted their longest weekly winning streak in three years, as they rallied to...

Published 09 Dec, 2023 05:46am

Stocks

China stocks rise, HK slips as investors await policy signals

SHANGHAI: China stocks ended up on Friday but the blue-chip benchmark was still hovering around nearly five-year...

Published 09 Dec, 2023 05:46am

Stocks

European shares hit near 22-month highs on luxury boost

PARIS: European shares advanced on Friday to briefly hit their highest level since February 2022 and end their ...

Published 09 Dec, 2023 05:46am

Stocks

Tokyo stocks close lower

TOKYO: Tokyo stocks closed lower on Friday as a stronger yen against the dollar weighed on the Japanese market. The...

Published 09 Dec, 2023 05:46am

Stocks

Wall St listless as traders digest jobs data

NEW YORK: Wall Street’s main indexes held steady in choppy trading on Friday as investors assessed a strong jobs...

Published 09 Dec, 2023 05:46am

Opinion

PARTLY FACETIOUS: The lightweight on a seesaw is no longer a lightweight

“It’s not a see saw, it’s more like…like…I can’t think of the right word.” “Maybe I can help. What...

Published 09 Dec, 2023 05:46am

Pakistan

Sindh text board chairman sacked over corruption charges

KARACHI: The caretaker Chief Minister of Sindh on Friday took notice of the alleged corruption in acquiring books...

Published 09 Dec, 2023 05:46am

Pakistan

TV channels bound to establish bureau offices in provincial capitals: Solangi

QUETTA: Caretaker Federal Minister for Information and Broadcasting Murtaza Solangi on Friday said that license...

Published 09 Dec, 2023 05:46am

Pakistan

Upcoming elections: Tareen, Shehbaz discuss seat adjacent

LAHORE: The Pakistan Muslim League-Nawaz (PML-N) and the Istehkam-e-Pakistan Party (IPP) are considering for a seat...

Published 09 Dec, 2023 05:46am

Pakistan

US delegation visits KWSC to review initiatives & reforms

KARACHI: A delegation from US Consulate General Karachi represented by Dr Rebecca Peters, Senior International Water...

Published 09 Dec, 2023 05:46am

Pakistan

PML-N seeks accountability, not power: Nawaz

LAHORE: Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif said on Friday that they only wanted to resolve ...

Published 09 Dec, 2023 05:46am

Pakistan

Tarin quits PTI

ISLAMABAD: As there is no letup in the crackdown against Pakistan Tehreek-e-Insaf (PTI) leaders, Shaukat Tarin, a...

Published 09 Dec, 2023 05:46am

Pakistan

SC says ‘reasonable’ grounds should be there for seeking bail concession

ISLAMABAD: The Supreme Court said for seeking the concession of bail, the accused person has to show that the...

Published 09 Dec, 2023 05:46am

Rates

Index hits new record high of 66,223 points

KARACHI: The bullish trend continued at Pakistan Stock Exchange on Friday and the market hit new highest-ever levels...

Published 09 Dec, 2023 05:46am

Editorials

Tax evasion in non-profit sector

EDITORIAL: Now that the Federal Tax Ombudsman’s (FTO’s) office has identified “significant gaps” in the...

Published 09 Dec, 2023 05:46am

Editorials

‘Humanity’s darkest hour’

EDITORIAL: Qatar’s ruler was right to call the international community’s response to Israeli aggression in Gaza...

Published 09 Dec, 2023 05:46am

Commodities

Gold slightly down

KARACHI: Gold on Friday lost some value on the local market but silver remained firm, traders said. Gold prices...

Published 09 Dec, 2023 05:46am

Business & Finance

Voice and latency: CMOs miss some key performance indicators: PTA

ISLAMABAD: The cellular mobile operators (CMOs) have missed some of the key performance indicators (KPIs) set in...

Published 09 Dec, 2023 05:46am

Business & Finance

6th Annual IIAL Conference: ‘Flourishing Takaful segment generated total Rs62bn revenue in 2023’

ISLAMABAD: The flourishing Takaful segment in Pakistan has generated total revenue of Rs62 billion in 2023,...

Published 09 Dec, 2023 05:46am

Business & Finance

Release of goods on provisional assessment: Importers no more at liberty to escape liability of duty

LAHORE: Importers are no more at liberty to escape the liability of proceedings for recovery of duty, taxes or ...

Published 09 Dec, 2023 05:46am

Business & Finance

Pakistan to be world investment destination after SIFC

KARACHI: Pakistan Business Forum (PBF) stated that country is poised to become the investment destination of the...

Published 09 Dec, 2023 05:46am

Business & Finance

SAPT launches digital payment system

KARACHI: South Asia Pakistan Terminals Limited (SAPT) has launched a digital payment system aimed at streamlining ...

Published 09 Dec, 2023 05:46am

Business & Finance

Traders decry hike in KMC shop rent

KARACHI: The traders affected by 150 percent increase in shops of the Karachi Metropolitan Corporation (KMC) on...

Published 09 Dec, 2023 05:46am

Energy

OGDCL discovers gas, condensate in Tando Allah Yar

KARACHI: As a result of the aggressive exploration strategy, the Oil and Gas Development Company Limited (OGDCL) has...

Published 09 Dec, 2023 05:46am

Energy

OPEC chief urges members to reject any COP28 deal that targets fossil fuels

DUBAI: OPEC Secretary General Haitham Al Ghais has urged OPEC+ members to reject proposals for any text under...

Published 09 Dec, 2023 05:46am

Money & Banking

S Korean won, Japanese yen lead Asia FX higher

BENGALURU: The South Korean won surged on Friday, while other Asian currencies also eked out gains after a pull-back...

Published 09 Dec, 2023 05:46am

Money & Banking

Australia, NZ dlrs extend declines against yen

SYDNEY: The Australian and New Zealand dollars extended their losses against the yen to multi-week lows on Friday as...

Published 09 Dec, 2023 05:46am

Money & Banking

Dollar rises after strong US jobs data

WASHINGTON: The dollar rose on Friday after new data showed US job growth accelerated in November and the...

Published 09 Dec, 2023 05:46am

Companies

‘HABIBMETRO SIRAT’ wins two awards at IRBA

KARACHI: HABIBMETRO SIRAT Islamic Banking was honoured with two prestigious awards at the 9th Islamic Retail Banking...

Published 09 Dec, 2023 05:46am

Companies

Fatima Fertilizer’s ‘Salam Kissan’ campaign wins award

LAHORE: Fatima Fertilizer, a leading name in the fertilizer industry, has once again garnered international acclaim...

Published 09 Dec, 2023 05:46am

Industry

PIEDMC CEO assures WCCI team of provision of promising facilities

LAHORE: A delegation of Women's Chamber of Commerce and Industry calls on CEO PIEDMC Ali Muazzam Syed. The ...

Published 09 Dec, 2023 05:46am

Money & Banking

SBP approves ‘HBL Zarai Services Ltd’ as wholly subsidiary of HBL

KARACHI: State Bank of Pakistan (SBP) has granted its approval to the Habib Bank Limited (HBL) for incorporation of...

Published 09 Dec, 2023 05:46am

Business & Finance

Jul-Nov remittances down 10pc to $11.045bn YoY

KARACHI: Inflows of worker’s remittances posted a decline of over 10 percent during the first five months of this...

Published 09 Dec, 2023 05:46am

Taxes

Multinational companies: FBR decides to implement e-ST integration system

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to implement an electronic sales tax (e-ST) integration...

Published 09 Dec, 2023 05:46am

Business & Finance

SPI-based inflation up by 1.6pc WoW

ISLAMABAD: The Sensitive Price Index (SPI)-based inflation for the week ended 7th December 2023, increased by 1.16...

Published 09 Dec, 2023 05:46am

Business & Finance

ADB’s IED rates $800m ‘TCP’ as ‘successful’

ISLAMABAD: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated “Pakistan:...

Published 09 Dec, 2023 05:46am

World

Palestinian president says Gaza war must end, conference needed to reach settlement

Palestinian President Mahmoud Abbas on Friday called for an immediate end to the war in Gaza and an international...

Published 09 Dec, 2023 12:10am

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 10	277.90
USD PKR Interbank Buying / Aug 10	277.70
USD to Japanese Yen / Aug 11	159.21
USD to Swiss Franc / Aug 11	0.81
Pound Sterling to USD / Aug 11	1.35
Euro to USD / Aug 11	1.15
SOFR % / Aug 10	3.65

Stock	Volume
S&P 500 / Aug 10	7,753.11
Tokyo Nikkei / Aug 10	66,970.22
Nasdaq / Aug 10	26,605.36
Dow Jones / Aug 10	53,975.98
India Sensex / Aug 11	78,093.59
Hang Seng / Aug 11	25,795.77
FTSE 100 / Aug 11	10,848.47
Germany DAX 30 / Aug 11	26,332.36
France CAC40 / Aug 11	8,724.51

Item	Value
Karachi Cotton PKR/37.32 KG / Aug 10	18,580
Gold 10 Grams PKR / Aug 10	392,091
Petrol/Litre / Aug 11	327.62
Crude Oil USD/Barrel / Aug 11	82.27
Gold Spot USD/Ounce / Aug 11	4,368.90
Diesel/Litre / Aug 11	380.86
Cotton US¢/pound / Aug 11	83.47

Gainers
Losers
Leaders

Stock	Price
Siddiqsons Tin / Aug 11 Siddiqsons Tin Plate Limited(STPL)	9.71 ▲ 0.95 (10.84%)
Azgard Nine (Non-Voti) / Aug 11 Azgard Nine (Non-Voti)(ANLNV)	8.80 ▲ 0.82 (10.28%)
Aruj Industries / Aug 11 Aruj Industries Limited(ARUJ)	12.95 ▲ 1.18 (10.03%)
Tri-Star Power / Aug 11 Tri-Star Power Limited(TSPL)	18.34 ▲ 1.67 (10.02%)
Ashfaq Textile / Aug 11 Ashfaq Textile Mills Limited(ASHT)	40.76 ▲ 3.71 (10.01%)
Ruby Textile / Aug 11 Ruby Textile Mills Limited(RUBY)	23.19 ▲ 2.11 (10.01%)
Asim Textile / Aug 11 Asim Textile Mills Limited(ASTM)	74.79 ▲ 6.8 (10%)
Buxly Paints / Aug 11 Buxly Paints Limited(BUXL)	277.72 ▲ 25.25 (10%)
IGI Life Ins / Aug 11 IGI Life Insurance Limited(IGIL)	21.89 ▲ 1.99 (10%)
Tata Textile / Aug 11 Tata Textile Mills Limited(TATM)	172.39 ▲ 15.67 (10%)

Stock	Price
Dawood Equities / Aug 11 Dawood Equities Limited(DEL)	23.64 ▼ -2.59 (-9.87%)
Fateh Ind. / Aug 11 Fateh Industries Limited(FIL)	286.78 ▼ -31.21 (-9.81%)
TPL Insurance / Aug 11 TPL Insurance Limited(TPLI)	62.84 ▼ -6.34 (-9.16%)
Jubilee Spinning / Aug 11 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	54.39 ▼ -4.42 (-7.52%)
East West Ins. / Aug 11 East West Insurance Company Limited(EWIC)	62.23 ▼ -4.99 (-7.42%)
Engro Powergen / Aug 11 Engro Powergen Qadirpur Limited(EPQL)	24.99 ▼ -1.7 (-6.37%)
F.Credit & Inv / Aug 11 First Credit and Investment Bank Limited(FCIBL)	32.11 ▼ -2.12 (-6.19%)
Kohinoor Mills / Aug 11 Kohinoor Mills Limited(KML)	10.68 ▼ -0.64 (-5.65%)
Trust Mod. / Aug 11 Trust Modaraba(TRSM)	18.94 ▼ -1.02 (-5.11%)
Bawany Air Products / Aug 11 Bawany Air Products Limited(BAPL)	30.43 ▼ -1.6 (-5%)

Stock	Volume
Cnergyico PK / Aug 11 Cnergyico PK Limited(CNERGY)	133,907,407 ▼ -0.29
K-Electric Ltd. / Aug 11 K-Electric Limited(KEL)	61,848,727 ▲ 0
Hascol Petrol / Aug 11 Hascol Petroleum Limited(HASCOL)	45,032,184 ▲ 1.06
Unity Foods Ltd / Aug 11 Unity Foods Limited(UNITY)	40,090,062 ▲ 0.01
Pak Refinery / Aug 11 Pakistan Refinery Limited(PRL)	31,666,040 ▲ 0.91
WorldCall Telecom / Aug 11 Worldcall Telecom Limited(WTL)	28,282,358 ▲ 0
Beco Steel Ltd / Aug 11 Beco Steel Limited(BECO)	24,832,349 ▲ 0.27
Siddiqsons Tin / Aug 11 Siddiqsons Tin Plate Limited(STPL)	24,355,243 ▲ 0.95
B.O.Punjab / Aug 11 The Bank of Punjab(BOP)	22,518,009 ▼ -1.17
Pervez Ahmed Consultancy / Aug 11 Pervez Ahmed Consultancy Services Ltd.(PASL)	21,091,236 ▲ 0.19

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