News Archives for Latest - 2024-07-04

World

Israel to send delegation for Gaza hostage negotiations: PM

JERUSALEM: Israeli Prime Minister Benjamin Netanyahu announced Thursday he has agreed to send a delegation for talks...

Published 04 Jul, 2024 11:17pm

Stocks

After positive start, KSE-100 ends session on flat note

After initial gains that propelled the benchmark index to near the 81,000 level, the Pakistan Stock Exchange (PSX)...

Updated 04 Jul, 2024 11:08pm

Pakistan

Pakistan to host SCO meeting in October 2024: Foreign Office

Islamabad holds rotating chairmanship of Shanghai Cooperation Organization’s Council of Heads of Government

Updated 04 Jul, 2024 11:06pm

Pakistan

SCO summit: terrorism, extremism must be fought collectively, says PM Shehbaz

There is no justification for killing innocent people or using the bogey of terrorism for political point-scoring, premier adds in address

Updated 04 Jul, 2024 11:06pm

World

Israel unblocks some frozen funds for Palestinian Authority

JERUSALEM: Israel has approved a new payment of more than $140 million to the Palestinian Authority after announcing...

Published 04 Jul, 2024 10:51pm

Movies & Music

Ambani wedding begins with traditional Gujarati ceremony

Anant Ambani – the youngest son of Indian billionaire Mukesh Ambani – and Radhika Merchant’s wedding ceremonies...

Updated 04 Jul, 2024 09:47pm

Sports

Mbappe says ‘urgent’ need to vote after ‘catastrophic’ French results

HAMBURG: France captain Kylian Mbappe said Thursday it was “really urgent” to vote in the second round of...

Published 04 Jul, 2024 09:33pm

Sports

Djokovic into Wimbledon third round after rookie scare

LONDON: Seven-time Wimbledon champion Novak Djokovic was made to fight by British outsider Jacob Fearnley before...

Published 04 Jul, 2024 09:31pm

Stocks

Arif Habib Limited now expects KSE-100 to hit 109,000 by June 2025

Propelled by optimism over inking a “new longer and larger” programme with the International Monetary Fund (IMF) and...

Updated 04 Jul, 2024 08:53pm

Stocks

FTSE Russell downgrades Pakistan to frontier market from secondary emerging status

In a key development, FTSE Russell has lowered Pakistan ranking to frontier market status from secondary emerging....

Updated 04 Jul, 2024 08:51pm

Business & Economy

Non-filers: FBR blocks 210,000 SIM cards to ‘encourage’ tax payment

KARACHI: Pakistan’s tax authority, the Federal Board of Revenue (FBR), said Thursday it has blocked 210,000 SIM...

Updated 04 Jul, 2024 08:50pm

Exchange

Rupee registers marginal decline against US dollar

Currency settles at 278.50 against US dollar in inter-bank market

Updated 04 Jul, 2024 08:48pm

Europe

Putin says Taliban ‘our allies’ in fighting terrorism

MOSCOW: Russian President Vladimir Putin said Thursday that the Taliban, a banned group in Russia, are Moscow’s...

Published 04 Jul, 2024 08:44pm

Budgets

After fresh tax: milk in Pakistan becomes more expensive than in France

Milk prices in Pakistan surged by more than a fifth after a new tax was applied in the federal budget, making the...

Published 04 Jul, 2024 07:44pm

Forex

SBP-held foreign exchange reserves increase $494mn, now stand at $9.39bn

Central bank says official inflows from multilateral agencies helped boost foreign currency reserves

Published 04 Jul, 2024 07:26pm

Pakistan

Qatar pledges support for Pakistan’s climate-vulnerable sectors

Both countries discuss collaboration on climate risk management, environment conservation, and other areas of interest

Published 04 Jul, 2024 07:32pm

Energy

Brent crude oil holds above $87 a barrel

LONDON: Oil prices for Brent crude held above $87 a barrel on Thursday, near their highest level since late April...

Updated 04 Jul, 2024 07:21pm

Europe

Russian strike on gas facility kills one, Kyiv says

KYIV: A Russian strike on a gas facility in the eastern region of Poltava killed person and wounded three others,...

Published 04 Jul, 2024 07:06pm

Stocks

Most Gulf markets gain on rate cut hopes

Most stock markets in the Gulf ended higher on Thursday following soft U.S. labour market data that buoyed investor...

Published 04 Jul, 2024 06:42pm

Middle East

Israel weighs Hamas response to Gaza ceasefire proposal

CAIRO/GAZA/OCCUPIED JERUSALEM: Israeli Prime Minister Benjamin Netanyahu will convene his security cabinet on...

Updated 04 Jul, 2024 06:15pm

South Asia

Indian preacher not hiding after stampede, lawyer says

MAINPURI: The self-styled Indian preacher whose latest sermon ended in a deadly stampede is not hiding from police,...

Updated 04 Jul, 2024 05:51pm

South Asia

Six arrested in connection with stampede in north India, police say

NEW DELHI: Indian police said on Thursday they had arrested six people in connection with the stampede at a Hindu...

Published 04 Jul, 2024 05:46pm

Europe

India’s Modi to visit Russia next week

MOSCOW: Indian Prime Minister Narendra Modi will visit Russia on July 8 and 9, the Kremlin said Thursday, in his...

Published 04 Jul, 2024 05:44pm

Stocks

London stocks, pound climb as Britons head to polls

LONDON: London’s stock market and the pound advanced versus the dollar Thursday as Britons voted in a general...

Updated 04 Jul, 2024 05:35pm

Middle East

Hezbollah vows to attack ‘new sites’ in Israel in response to commander’s killing

BEIRUT: Senior Hezbollah official Hashem Safieddine threatened on Thursday to attack new locations within Israel as...

Published 04 Jul, 2024 05:32pm

Sports

Wimbledon craves Murray magic, Djokovic in action

LONDON: Andy Murray launches his Wimbledon farewell alongside his brother Jamie in the men’s doubles on Thursday as...

Published 04 Jul, 2024 05:32pm

Commodities

Asia rice: Thai, Vietnam prices drop; African demand slows on high freight rates

Prices of rice exported from Thailand and Vietnam slipped this week on slow buying as traders await import policy...

Published 04 Jul, 2024 05:27pm

Stocks

Indian shares end flat; fall in HDFC Bank offsets IT gains

BENGALURU: Indian shares ended Thursday on a flat note as a drop in heavyweight HDFC Bank offset gains across...

Published 04 Jul, 2024 05:20pm

Stocks

Sri Lanka shares end lower as utilities and energy stocks weigh

CSE All Share index settled down 0.92% at 11,926.59

Published 04 Jul, 2024 05:16pm

Commodities

Copper steady as potential interest rate cuts balance soft demand

LONDON: Copper prices firmed slightly on Thursday as investors balanced optimism over potential U.S. interest rate...

Published 04 Jul, 2024 05:15pm

Commodities

Palm oil ends lower; export and production data in focus

JAKARTA: Malaysian palm oil futures dropped on Thursday, tracking loss in the Dalian soyoil contract, while the...

Published 04 Jul, 2024 05:09pm

Money & Banking

Bank of Punjab to open offices in Bahrain, UAE

The Board of Directors of the Bank of Punjab (BoP) has given its approval to the bank to establish a Wholesale...

Updated 04 Jul, 2024 05:06pm

Movies & Music

Music festivals seek greener footprint

PARIS: Three planes, 270 tonnes of equipment, 800 square metres of stage: the figures from Madonna’s massive free...

Published 04 Jul, 2024 04:53pm

Movies & Music

Pakistani actor Fawad Khan to star in Bollywood film with Vaani Kapoor

Pakistani star Fawad Khan and Bollywood actor Vaani Kapoor are set to star in a romantic comedy that will be shot...

Updated 04 Jul, 2024 04:37pm

Industry

Karachi-based textile unit announces closure

KARACHI: In the throes of Pakistan’s worst economic crisis, a Karachi-based textile unit has announced to lock its...

Updated 04 Jul, 2024 03:38pm

Sports

Netherlands face tough test against fired-up Turkiye

BERLIN: A routine 3-0 win for Netherlands over Romania at Euro 2024 was overshadowed hours later by a tenacious...

Published 04 Jul, 2024 03:23pm

Sports

India’s World Cup winners meet PM Modi before victory parade

NEW DELHI: India’s T20 World Cup winners returned home to a heroes’ welcome Thursday, greeted by euphoric fans in...

Updated 04 Jul, 2024 03:08pm

Commodities

Gold price per tola increases Rs1,000 in Pakistan

Gold prices in Pakistan registered gains for the second consecutive session on Thursday in line with an increase in...

Published 04 Jul, 2024 03:07pm

Export growth: MoC angry with MoF for ignoring its budget proposals

ISLAMABAD: The Commerce Ministry on Wednesday showed its wrath against the Finance Ministry for not making its...

Updated 04 Jul, 2024 03:05pm

Amendment to SOEs law approved

ISLAMABAD: The Senate Standing Committee on Finance has approved amendment in the State-Owned Enterprises (SOEs) law...

Updated 04 Jul, 2024 03:04pm

Govt has decided to shut down PSM, Senate panel told

ISLAMABAD: The government has decided to permanently shut down Pakistan Steel Mills (PSM), a state-owned enterprise...

Updated 04 Jul, 2024 03:04pm

Forex

Kenyan shilling steady as traders believe protests mostly over

NAIROBI: The Kenyan shilling was flat in a quiet session on Thursday, as traders said they thought the worst...

Published 04 Jul, 2024 02:46pm

Stocks

Major Gulf markets gain on US rate cut hopes

Most major stock markets in the Gulf rose in early trade on Thursday following soft US labour market data that...

Published 04 Jul, 2024 02:45pm

Forex

Ugandan shilling weakens on energy, manufacturing FX demand

KAMPALA: The Ugandan shilling was weaker on Thursday, undercut by a pick-up in appetite for dollars from energy...

Published 04 Jul, 2024 02:42pm

Europe

Russian shelling wounds seven in Ukraine’s Dnipropetrovsk region, governor says

KYIV: Russian shelling wounded seven people in the Ukrainian town of Nikopol in Dnipropetrovsk region on Thursday,...

Published 04 Jul, 2024 02:34pm

Movies & Music

Paramount, Skydance reach merger deal: reports

NEW YORK: Entertainment giant Paramount Global and movie studio Skydance have reached a merger deal, just a few...

Published 04 Jul, 2024 01:53pm

Stocks

China shares end lower; Fed rate cut bets buoy Hong Kong stocks

SHANGHAI: Mainland China stocks ended lower on Thursday, dragged by property shares, while Hong Kong shares rose...

Published 04 Jul, 2024 01:46pm

Commodities

London copper edges up on soft dollar

Copper prices rose on Thursday on a weaker dollar, but poor economic data and softer physical demand at higher...

Published 04 Jul, 2024 01:44pm

Europe

Britons start voting in election expected to propel Labour to power

LONDON: Britons began voting on Thursday in a parliamentary election that is expected to bring Keir Starmer’s Labour...

Published 04 Jul, 2024 01:40pm

Sports

Andy Murray gets fans’ vote as Brits take centre stage at Wimbledon

LONDON: Andy Murray launches his Wimbledon farewell alongside his brother Jamie on Thursday as the British take...

Published 04 Jul, 2024 12:07pm

Europe

UK general election in numbers

LONDON: Here are some of the key numbers as UK voters go to the polls Thursday in a general election predicted to...

Published 04 Jul, 2024 12:03pm

Sports

Neeraj Chopra: Indian farmer’s son who made Olympic history

NEW DELHI: Neeraj Chopra returned home to India a national hero after winning Olympic javelin gold in 2021 but the...

Published 04 Jul, 2024 11:52am

Europe

Russia says it destroyed Ukrainian fighter jet, vehicles

MOSCOW: Russia’s defence ministry on Thursday said its troops had destroyed a Mig-29 fighter jet during a strike on...

Published 04 Jul, 2024 11:49am

Europe

Russian attack in southern Ukraine kills two: regional governor

KYIV: A Russian attack on Ukraine’s southern Zaporizhzhia region killed two people and wounded another, the local...

Published 04 Jul, 2024 11:45am

World

Chinese premier calls for international AI cooperation

SHANGHAI: Chinese Premier Li Qiang on Thursday called for global cooperation and a more open mindset in artificial...

Published 04 Jul, 2024 11:43am

Mutual Funds

Sri Lanka bond holders agree to take 28% haircut: govt

COLOMBO: Sri Lanka’s private creditors have accepted a 28 percent haircut on $12.5 billion in sovereign bonds, the...

Published 04 Jul, 2024 11:40am

PIACL sell-off: Govt to decide shares percentage after bids

ISLAMABAD: The federal government will decide on the shares percentage of Pakistan International Airlines Company...

Updated 04 Jul, 2024 11:38am

Business & Finance

GM fined $146 million for lowballing vehicle emissions

NEW YORK: General Motors will pay nearly $146 million in penalties for underestimating emissions produced by its...

Published 04 Jul, 2024 11:30am

Sports

Belief returns for Toni Kroos and Germany before Spain showdown

HERZOGENAURACH: Host nation Germany face Spain in Friday’s Euro 2024 quarter final in Stuttgart riding a wave of...

Published 04 Jul, 2024 11:29am

Sports

Cristiano Ronaldo’s Portugal struggles continue ahead of Euros showdown with France

HAMBURG: Cristiano Ronaldo has been Portugal’s main man for nearly two decades but the veteran forward is a long way...

Published 04 Jul, 2024 11:24am

Stocks

Asia stocks hit 27-month top, dollar slips on rate cut talk

SYDNEY: Asia stocks hit 27-month highs on Thursday as softer US data narrowed the odds on a September rate cut...

Published 04 Jul, 2024 11:01am

Business & Finance

India’s solar output grows at slowest pace in six years in first half of 2024

SINGAPORE: India’s solar power generation grew at the slowest pace in six years in the first half of 2024, an...

Published 04 Jul, 2024 10:58am

World

Hurricane Beryl strikes Jamaica as Caymans, Mexico brace for storm’s impact

KINGSTON: Hurricane Beryl thrashed Jamaica with heavy winds and rain on Wednesday, killing at least one person after...

Published 04 Jul, 2024 10:53am

Energy

Aramco, ADNOC reportedly weighing bids for Australia’s Santos, but analysts sceptical

Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) have been separately considering bids for Santos, Bloomberg...

Published 04 Jul, 2024 10:48am

Commodities

Palm opens up, tracking Dalian’s palm oil contracts

JAKARTA: Malaysian palm oil futures rose slightly on Thursday, tracking gains on the palm oil contract at the Dalian...

Published 04 Jul, 2024 10:43am

Forex

China’s yuan rebounds from 7-1/2-month low after weaker-than-expected US data

SHANGHAI: China’s yuan rebounded on Thursday from a 7-1/2-month low against the dollar hit a day earlier, thanks to...

Published 04 Jul, 2024 10:41am

Forex

Australian dollar hovers near six-month high on US rate outlook

SYDNEY: The Australian dollar stood tall near a six-month high on Thursday, after cracking major resistance levels...

Published 04 Jul, 2024 10:39am

Business & Finance

Nissan, Honda consider partnering on software, charging infrastructure, Nikkei says

TOKYO: Japanese automakers Nissan Motor and Honda Motor are considering using standardised automotive software and...

Published 04 Jul, 2024 10:34am

Companies

UK new car sales rose in June, preliminary industry data shows

Registration of new cars in Britain increased “slightly” in June and the market crossed the half-year “million...

Published 04 Jul, 2024 10:28am

IMF lauds economic decisions, efforts to hike gas prices

Holds virtual talks with Pakistan on the efforts made in the budget to meet the conditions

Updated 04 Jul, 2024 10:24am

Asia

China’s Xi greets EU Council president ahead of EV tariffs taking effect

BEIJING: China’s President Xi Jinping made a congratulatory call on Thursday to incoming European Council President...

Published 04 Jul, 2024 10:23am

Technology

China’s BYD opens EV factory in Thailand, first in Southeast Asia

RAYONG: China’s BYD opened an electric vehicle plant in Thailand on Thursday, the auto maker’s first factory in...

Published 04 Jul, 2024 10:19am

Bullion Rate

Gold inches up after weak data fuels US rate cut bets

Gold prices drifted higher on Thursday after softer-than-expected US economic data fuelled hopes that the Federal...

Published 04 Jul, 2024 10:16am

Sports

Coco Gauff steamrolls into third round at Wimbledon

Second-seeded Coco Gauff cruised past Romanian Anca Todoni 6-2, 6-1 in the second round of Wimbledon on Wednesday in...

Published 04 Jul, 2024 10:13am

Stocks

South Korean shares hit 29-month high as auto, financial stocks jump

SEOUL: Round-up of South Korean financial markets: South Korean shares rise on robust data; battery, biopharma...

Published 04 Jul, 2024 10:11am

Stocks

Miners, banks lift Australian shares after US data renews Fed rate-cut hopes

Australian shares rose on Thursday led by miners and banks, after encouraging US data renewed hopes of the Federal...

Published 04 Jul, 2024 10:07am

Stocks

Japan’s Topix hits record high as banks and automakers rise

TOKYO: Japan’s Topix hit a record high on Thursday, led by gains in automakers and banks, as the market expects a...

Published 04 Jul, 2024 10:05am

Forex

Indian rupee to inch up on relief for Asia FX after weak US data

MUMBAI: The Indian rupee is expected to open higher on Thursday after weak US services and labor data prompted a...

Published 04 Jul, 2024 09:59am

Forex

Dollar on the defensive after soft data, little relief for yen

TOKYO: The dollar was on the back foot on Thursday after US economic data continued to point to slowing growth,...

Published 04 Jul, 2024 09:56am

KE to provide 40MW to NSCL through STDC: Nasir

KARACHI: Provincial Energy Minister Syed Nasir Hussain Shah has said that through STDC, K-Electric will provide 40MW...

Updated 04 Jul, 2024 09:53am

July-May of FY 2023-24: $7.547bn borrowed from multiple financing sources

ISLAMABAD: The country borrowed $7.547 billion from multiple financing sources during the first 11 months (July-May)...

Updated 04 Jul, 2024 09:52am

Mutual Funds

Indian bond yields dip as US peers off key high level

MUMBAI: Indian government bond yields were lower in the early session on Thursday following a slump in US peers as...

Published 04 Jul, 2024 09:49am

Stocks

IT leads Indian shares to record highs

BENGALURU: Information technology companies led Indian shares higher on Thursday, in line with Asian peers, after...

Published 04 Jul, 2024 09:47am

Preferential market access: two states agree to explore possibilities

ISLAMABAD: Pakistan and Tajikistan have agreed to explore the provision of preferential market access for each...

Updated 04 Jul, 2024 08:52am

Power load: PD submits revised proposal to Cabinet for rate cut

ISLAMABAD: The Power Division is said to have submitted an altered proposal to the federal Cabinet to slash rates...

Updated 04 Jul, 2024 08:51am

PM urges Tajikistan to use Karachi Port for transit trade

DUSHANBE: Prime Minister Shehbaz Sharif on Wednesday invited Tajikistan to use Karachi Port for the transit trade...

Updated 04 Jul, 2024 08:50am

FBR to sideline dozens of its ‘corrupt’ officials

ISLAMABAD: The Federal Board of Revenue (FBR) is likely to place dozens of senior officials, allegedly involved in...

Updated 04 Jul, 2024 08:49am

BR’s refresher: your morning briefing for the day

Important updates from July 3, 2024

Published 04 Jul, 2024 08:47am

BR Research

WPI bottomed out – what is next?

The single-digit Wholesale Price Index (WPI) expectedly lasted only a month, as June 2024 saw the WPI at 10.6...

Published 04 Jul, 2024 08:36am

BR Research

Cement: No pressure!

At last, the fiscal year that would go down in history as one of the gloomiest years for the economy and a...

Published 04 Jul, 2024 08:31am

BR Research

AGP Limited

AGP Limited (PSX: AGP) was incorporated in Pakistan as a public limited company in 2014. The company is engaged in...

Published 04 Jul, 2024 08:26am

Editorials

Surge in exports

EDITORIAL: Exports during July-June 2024 surged to 30,645 million dollars against 27,724 million dollars the year...

Updated 04 Jul, 2024 08:23am

Opinion

PARTLY FACETIOUS: ‘If the gods are on your side, then who cares about the Plebeians’

“The split within a political party…” “Is fodder for the gods.” “What, are you pagan? Gods indeed.” “That is an...

Updated 04 Jul, 2024 08:22am

Pakistan

‘AI’ rapidly transforming landscape of healthcare, medicine: Experts

LAHORE: Like other industries, artificial intelligence (AI) is rapidly transforming the landscape of healthcare and...

Updated 04 Jul, 2024 08:10am

Pakistan

Zardari urges SCB’s Group CE to invest in agri sector

ISLAMABAD: President Asif Ali Zardari asked a delegation led by Group Chief Executive of the Standard Chartered Bank...

Published 04 Jul, 2024 08:08am

Business & Finance

Customs’ values on import of ride-on toy cars/bikes from China revised

ISLAMABAD: Directorate General of Customs Valuation Karachi has revised Customs values on the import of ride-on toy...

Updated 04 Jul, 2024 08:05am

Pakistan

39 days of Iddat acceptable; says IK’s lawyer

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan’s counsel Salman Akram Raja in the Iddat...

Published 04 Jul, 2024 08:02am

Pakistan

Belarus President due in October

ISLAMABAD: President of Belarus, Alexander Grigoryevich Lukashenko will visit Islamabad in October to sign multiple...

Published 04 Jul, 2024 07:59am

World

Putin, Xi vie for influence at Central Asian summit

ASTANA (Kazakhstan): The leaders of Russia and China were in Kazakhstan on Wednesday for a regional summit, seeking...

Published 04 Jul, 2024 07:57am

Taxes

Fruits, vegetables: Exports may face downward trend due to load of taxes: PAHF

KARACHI: Exporters have warned that export of fruit and vegetables may face a declining trend due to imposition of...

Published 04 Jul, 2024 07:53am

Pakistan

Livestock Dept: adviser to CM briefed about reform process

KARACHI: Advisor to CM Sindh for Livestock, Fisheries and Human Settlement Authority Syed Najmi Alam presided over...

Published 04 Jul, 2024 07:51am

Pakistan

Sharjeel for prompt completion of BRTS projects

KARACHI: Two separate high-level meetings regarding the Yellow Line BRT and Red Line BRT were held under the...

Published 04 Jul, 2024 07:49am

Pakistan

Pakistan, Tajikistan agree for stronger Parliamentary Friendship Groups, regular exchanges

DUSHANBE: Pakistan and Tajikistan on Wednesday agreed to strengthen the already constituted Parliamentary Friendship...

Published 04 Jul, 2024 07:47am

Pakistan

Navy, FCCI discuss bilateral cooperation

FAISALABAD: Rear Admiral Azhar Mahmood SI (M) Commander Central Punjab and Commandant of the Pakistan Naval War...

Published 04 Jul, 2024 07:42am

Pakistan

Ministers slam opposition MPAs for ‘rowdy’ behaviour

LAHORE: The provincial Minister for Information and Culture Azma Bokhari said on Wednesday that the members of...

Published 04 Jul, 2024 07:40am

Pakistan

PFA launches operation against ‘adulteration mafia’

LAHORE: The food safety teams of the Punjab Food Authority (PFA) on Wednesday carried out a grand operation against...

Updated 04 Jul, 2024 07:39am

Pakistan

Jazz, Google, Tech Valley celebrate success of ‘Digital Safar’ programme

ISLAMABAD: Jazz in collaboration with Google and Tech Valley, a social enterprise, celebrated the success of their...

Published 04 Jul, 2024 07:36am

Industry

KATI chief urges govt to provide urgent relief to industries

KARACHI: President of the Korangi Association of Trade and Industry (KATI), Johar Qandhari, has called on the...

Published 04 Jul, 2024 07:34am

Europe

Labour predicted to eject Tories in UK election

LONDON: Britain’s political leaders made a final push for votes Wednesday on the last day of an election campaign...

Published 04 Jul, 2024 07:31am

Africa

Under-fire Kenya govt says to review state salary hikes

NAIROBI: The Kenyan presidency said Wednesday it had ordered a review of salary increases for public servants in an...

Published 04 Jul, 2024 07:27am

Middle East

Khamenei urges turnout after voters shun first presidential round

TEHRAN: Iran’s supreme leader Ayatollah Ali Khamenei called Wednesday for voters to participate in Friday’s...

Published 04 Jul, 2024 07:24am

Technology

Japan launches banknotes with hologram portraits

TOKYO: Japan began circulating its first new banknotes in 20 years on Wednesday, featuring three-dimensional...

Published 04 Jul, 2024 07:22am

Pakistan

Shell launches country’s first-ever recycled plastic retail site

KARACHI: Shell Pakistan Limited (SPL) has launched Pakistan’s first-ever recycled plastic retail site, Malik...

Published 04 Jul, 2024 07:16am

Energy

SSGC lays down dedicated gas pipelines in Karachi & Hub

KARACHI: Sui Southern Gas Company (SSGC) has laid down dedicated gas supply pipelines in different areas to ensure...

Published 04 Jul, 2024 07:14am

Sports

PCB starts tendering process for TV broadcast rights

LAHORE: The Pakistan Cricket Board (PCB) has started the tendering process for the acquisition of television...

Published 04 Jul, 2024 07:12am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Wednesday (July 03, 2024). ======================================= Offset...

Published 04 Jul, 2024 07:08am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (July 03, 2024)...

Published 04 Jul, 2024 07:06am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (July 03, 2024)....

Published 04 Jul, 2024 07:06am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (July 03, 2024)....

Published 04 Jul, 2024 07:04am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (July 03, 2024). ======================== Open Bid ...

Published 04 Jul, 2024 07:04am

Forex

Open market rates of foreign currencies

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

Published 04 Jul, 2024 07:04am

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 04 Jul, 2024 06:47am

Rates

LME official prices

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

Published 04 Jul, 2024 06:47am

Pakistan

The Weather

KARACHI: The weather report on Wednesday (July 03, 2024) and the forecast for Thursday (July 04, 2024)...

Published 04 Jul, 2024 06:44am

Letters

Slums: change starts from within—literally!

What do you think of when you hear ‘slums?’ Slums are overcrowded, non-durable, and unsanitary residence areas...

Published 04 Jul, 2024 06:43am

Opinion

A ship without the leader

Just a name. Just a designation. Just a title. Just a nobody. Imagine being in the highest seat and being powerless....

Published 04 Jul, 2024 06:38am

Opinion

Year of global shockwaves

We’re only halfway through the year, and already 2024 has produced more high-voltage political shockwaves than any...

Published 04 Jul, 2024 06:28am

Editorials

MQM (P)-PPP spat

EDITORIAL: The Sindh High Court ordered to scrap the entire recruitment process initiated last year by the PPP...

Published 04 Jul, 2024 06:21am

Editorials

Design flaws in Neelum-Jhelum project

EDITORIAL: In yet more bad news for Pakistan’s blighted power sector, serious design flaws have been identified in...

Published 04 Jul, 2024 06:17am

Pakistan

Pharma, healthcare sectors also reeling amid economic crisis

KARACHI: Pakistan’s economy and its people are facing a health crisis. With an economy burdened by high debt and...

Published 04 Jul, 2024 06:09am

Energy

Tanveer urges govt to annul agreements with IPPs forthwith

LAHORE: Patron-in-Chief United Business Group (UBG), S M Tanveer, has strongly urged the federal government to ...

Published 04 Jul, 2024 05:47am

World

Hamas says it has sent mediators new 'ideas' on halting Israel war

The Hamas group said Wednesday it had sent new "ideas" to Qatari mediators on ending the nearly nine-month Gaza war...

Published 04 Jul, 2024 12:23am

Currency	Rate
USD PKR Interbank Selling / Aug 7	277.91
USD PKR Interbank Buying / Aug 7	277.71
USD to Japanese Yen / Aug 7	157.76
USD to Swiss Franc / Aug 7	0.81
Pound Sterling to USD / Aug 7	1.35
Euro to USD / Aug 7	1.16
SOFR % / Aug 7	3.65

Stock	Volume
S&P 500 / Aug 7	7,757.64
India Sensex / Aug 7	78,499.17
Tokyo Nikkei / Aug 7	65,606.71
Nasdaq / Aug 7	26,690.62
Hang Seng / Aug 7	25,668.03
FTSE 100 / Aug 7	10,901.09
Dow Jones / Aug 7	54,036.93
Germany DAX 30 / Aug 7	26,319.45
France CAC40 / Aug 7	8,714.93

Item	Value
Crude Oil USD/Barrel / Aug 7	78.18
Karachi Cotton PKR/37.32 KG / Aug 7	18,580
Gold 10 Grams PKR / Aug 7	389,519
Gold Spot USD/Ounce / Aug 7	4,341.56
Cotton US¢/pound / Aug 7	84.40
Petrol/Litre / Aug 9	327.62
Diesel/Litre / Aug 9	380.86

Stock	Price
D.S. Ind. Ltd. / Aug 7 D.S. Industries Limited(DSIL)	13.84 ▲ 1.26 (10.02%)
Secure Logistics-Trax Group / Aug 7 Secure Logistics-Trax Group Limited(SLGL)	17.68 ▲ 1.61 (10.02%)
First Tri-Star Mod. / Aug 7 First Tri-Star Modaraba(FTSM)	46.39 ▲ 4.22 (10.01%)
Asim Textile / Aug 7 Asim Textile Mills Limited(ASTM)	61.81 ▲ 5.62 (10%)
Buxly Paints / Aug 7 Buxly Paints Limited(BUXL)	229.52 ▲ 20.87 (10%)
Frieslandcampina / Aug 7 Frieslandcampina Engro Pakistan Limited(FCEPL)	121.30 ▲ 11.03 (10%)
Faisal Sp. / Aug 7 Faisal Spinning Mills Limited(FASM)	358.06 ▲ 32.55 (10%)
Aisha Steel (CPS) / Aug 7 Aisha Steel Mills Limited (CPS)(ASLCPS)	78.43 ▲ 7.13 (10%)
Wasl Mobility Mod. / Aug 7 Wasl Mobility Modaraba(WASL)	6.80 ▲ 0.59 (9.5%)
Imperial Limited / Aug 7 Imperial Limited(IML)	23.48 ▲ 1.98 (9.21%)

Stock	Price
Fateh Sports / Aug 7 Fateh Sports Wear Limited(FSWL)	159.49 ▼ -16.5 (-9.38%)
Trust Mod. / Aug 7 Trust Modaraba(TRSM)	18.57 ▼ -1.68 (-8.3%)
Asia Ins. / Aug 7 Asia Insurance Company Limited(ASIC)	42.43 ▼ -3.56 (-7.74%)
Shams Textile / Aug 7 Shams Textile Mills Limited(STML)	52.52 ▼ -4.29 (-7.55%)
Dar-es-Salaam / Aug 7 Dar-es-Salaam Textile Mills Limited(DSML)	22.17 ▼ -1.69 (-7.08%)
J.A.Textile / Aug 7 J.A. Textile Mills Limited(JATM)	52.77 ▼ -3.97 (-7%)
Tri-Star Power / Aug 7 Tri-Star Power Limited(TSPL)	17.35 ▼ -1.25 (-6.72%)
Gadoon Textile / Aug 7 Gadoon Textile Mills Limited(GADT)	341.05 ▼ -21.04 (-5.81%)
AKD Hospitality / Aug 7 AKD Hospitality Limited(AKDHL)	150.79 ▼ -9.21 (-5.76%)
Dadabhoy Cement / Aug 7 Dadabhoy Cement Industries Limited(DBCI)	14.47 ▼ -0.88 (-5.73%)

Stock	Volume
Cnergyico PK / Aug 7 Cnergyico PK Limited(CNERGY)	161,177,862 ▲ 0.69
B.O.Punjab / Aug 7 The Bank of Punjab(BOP)	52,334,090 ▲ 0.46
Wasl Mobility Mod. / Aug 7 Wasl Mobility Modaraba(WASL)	24,216,535 ▲ 0.59
Pace (Pak) Ltd. / Aug 7 Pace (Pakistan) Limited(PACE)	20,061,794 ▲ 0.32
Nishat Chun.Pow. / Aug 7 Nishat Chunian Power Limited(NCPL)	18,254,792 ▲ 0.7
Nishat Power / Aug 7 Nishat Power Limited(NPL)	15,207,765 ▼ -0.2
Unity Foods Ltd / Aug 7 Unity Foods Limited(UNITY)	15,156,912 ▼ -0.39
Hascol Petrol / Aug 7 Hascol Petroleum Limited(HASCOL)	13,781,842 ▲ 0.35
D.S. Ind. Ltd. / Aug 7 D.S. Industries Limited(DSIL)	12,582,914 ▲ 1.26
Maple Leaf Cement / Aug 7 Maple Leaf Cement Factory Limited(MLCF)	12,492,335 ▼ -1.02