News Archives for Pakistan - 2023-06-07 - Business Recorder

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May 17, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Pakistan - 2023-06-07

Jahangir Tareen to launch ‘Istehkam-e-Pakistan’ party tomorow

Jahangir Tareen to launch ‘Istehkam-e-Pakistan’ party tomorow

A large number of PTI defectors also join Tareen's camp

Published 07 Jun, 2023 11:29pm

China, Pakistan, Iran hold counter-terrorism talks in Beijing

China, Pakistan, Iran hold counter-terrorism talks in Beijing

FO says delegations held detailed discussions on the regional security situation

Updated 07 Jun, 2023 11:19pm

PPP co-chair Zardari calls stakeholders to formulate ‘charter of economy’

PPP co-chair Zardari calls stakeholders to formulate ‘charter of economy’

Cites need to prepare a 50-year plan for the country

Updated 07 Jun, 2023 09:19pm

Formation commanders’ moot takes note of propaganda campaign regarding May 9 violence

Formation commanders’ moot takes note of propaganda campaign regarding May 9 violence

Miscreants' efforts to hide behind imaginary human rights violations are futile as there is irrefutable evidence of their involvement, the military's media wing says

Updated 07 Jun, 2023 09:20pm

Punjab elections: SC clubs ECP plea with petitions challenging judgement review law

Punjab elections: SC clubs ECP plea with petitions challenging judgement review law

Decision taken by three-member bench

Updated 07 Jun, 2023 09:40pm

There will be no winners, say experts ahead of budget announcement

Business & Economy

There will be no winners, say experts ahead of budget announcement

Trapped in economic crisis coupled with political instability and lingering IMF programme, govt seems to have its hands tied

Updated 07 Jun, 2023 08:35pm

Pakistan’s budget caught between IMF expectations and election

Business & Economy

Pakistan’s budget caught between IMF expectations and election

Former finance minister Miftah Ismail says govt will come up with a budget that is more or less in line with IMF prescriptions

Updated 07 Jun, 2023 06:18pm

Toshakhana gifts: Imran Khan secures bail till June 21 in ‘fraud’ case

Toshakhana gifts: Imran Khan secures bail till June 21 in ‘fraud’ case

Case was registered at Kohsar Police Station on request of local watch dealer

Updated 07 Jun, 2023 05:05pm

USAID announces $16.4mn for Sindh’s flood affectees

Business & Economy

USAID announces $16.4mn for Sindh’s flood affectees

Assistance will address worsening food insecurity and malnutrition and help curb the spread of disease

Updated 07 Jun, 2023 03:24pm

US asks Pakistan to grant consular access to Khadija Shah

US asks Pakistan to grant consular access to Khadija Shah

Says Washington has asked Pakistani officials for consular access

Updated 07 Jun, 2023 03:41pm

Punjab govt’s debt stock jumps to Rs1,652.2bn by end of March

Punjab govt’s debt stock jumps to Rs1,652.2bn by end of March

LAHORE: The Punjab government’s debt stock, local and external, has jumped to Rs 1,652.2 billion by the end of...

Published 07 Jun, 2023 06:05am

LDA removes more than 35 encroachments

LDA removes more than 35 encroachments

LAHORE: In an operation against encroachment of parking spaces, the Lahore Development Authority (LDA) removed...

Published 07 Jun, 2023 06:05am

Increase in illegal arms carriers: Lahore Police launch crackdowns

Increase in illegal arms carriers: Lahore Police launch crackdowns

LAHORE: In a joint operation, Lahore Police and the Punjab Safe Cities Authority have successfully apprehended an...

Published 07 Jun, 2023 06:05am

Karachi mayorship election: JI vows to outplay PPP with surprise

Karachi mayorship election: JI vows to outplay PPP with surprise

KARACHI: Jamaat-e-Islami (JI) Karachi on Tuesday accused the ruling PPP of forcing its political allies out of the...

Published 07 Jun, 2023 06:05am

Jazz joins CoRe Alliance to advance climate commitment

Jazz joins CoRe Alliance to advance climate commitment

ISLAMABAD: Jazz has announced joining the Collect and Recycle (CoRe) Alliance to advance its climate commitment....

Published 07 Jun, 2023 06:05am

ISSI to mark 50th Foundation Day on 16th

ISSI to mark 50th Foundation Day on 16th

ISLAMABAD: The Institute of Strategic Studies Islamabad (ISSI), one of Pakistan’s premier think-tanks, reaches an...

Published 07 Jun, 2023 06:05am

War against terrorism: Governor focuses on role of LEAs personnel

War against terrorism: Governor focuses on role of LEAs personnel

LAHORE: Punjab Governor Muhammad Balighur Rehman has lauded the role of officers and personnel of the law ...

Published 07 Jun, 2023 06:05am

Customs seizes Rs27.12m worth of tobacco products

Customs seizes Rs27.12m worth of tobacco products

KARACHI: The Collectorate of Customs Enforcement, Karachi on Monday seized a significant quantity of smuggled...

Published 07 Jun, 2023 06:05am

Sedition case: Court issues non-bailable arrest warrant for Gill

Sedition case: Court issues non-bailable arrest warrant for Gill

ISLAMABAD: A local court, on Tuesday, rejected Pakistan Tehreek-e-Insaf (PTI) leader Shahbaz Gill’s plea seeking...

Published 07 Jun, 2023 06:05am

COO KW&SB assures equitable distribution of water to citizens

COO KW&SB assures equitable distribution of water to citizens

KARACHI: COO Karachi Water and Sewerage Board (KW&SB) Engineer Asadullah Khan on Tuesday revealed that water...

Published 07 Jun, 2023 06:05am

CDA conducts several anti-encroachment operations

CDA conducts several anti-encroachment operations

ISLAMABAD: Capital Development Authority on Tuesday conducted several anti-encroachment operations in different ...

Published 07 Jun, 2023 06:05am

Ahsan rejects rumors about delay in general elections

Ahsan rejects rumors about delay in general elections

LAHORE: Rejecting the probability of delay in general elections, Minister for Planning and Development Ahsan Iqbal...

Published 07 Jun, 2023 06:05am

The Weather

The Weather

KARACHI: The weather report on Tuesday (June 06, 2023) and the forecast for Wednesday (June 07, 2023)...

Published 07 Jun, 2023 06:05am

PTI’s vice-chairman Qureshi released

PTI’s vice-chairman Qureshi released

ISLAMABAD: In a huge relief for Pakistan Tehreek-e-Insaf (PTI) – which has been caught in a political storm for ...

Published 07 Jun, 2023 06:05am

Leaked audio clips: SC raises question

Leaked audio clips: SC raises question

ISLAMABAD: The Supreme Court questioned how without ascertaining the veracity, credibility, and authenticity of the...

Published 07 Jun, 2023 06:05am

SC lawyer shot dead in Quetta

SC lawyer shot dead in Quetta

QUETTA: A Supreme Court lawyer, Abdul Razzaq Shar, was shot dead on Tuesday near Airport Road, Quetta. Unknown ...

Published 07 Jun, 2023 06:05am

Illicit cigarette industry: Govt likely to announce support to small shopkeepers

Illicit cigarette industry: Govt likely to announce support to small shopkeepers

ISLAMABAD: The government is expected to announce support and assistance to small shopkeepers across the country to...

Published 07 Jun, 2023 06:05am

Direct flights to KSA: Saudi aviation team arrives to examine security matters

Direct flights to KSA: Saudi aviation team arrives to examine security matters

KARACHI: A high-level delegation from Saudi Arabia’s General Aviation Civil Aviation (GACA) has arrived on a...

Published 07 Jun, 2023 06:05am

Tarar holds IK ‘responsible’ for lawyer’s murder in Quetta

Tarar holds IK ‘responsible’ for lawyer’s murder in Quetta

ISLAMABAD: The Special Assistant to the Prime Minister, Attaullah Tarar, on Tuesday held Pakistan Tehreek-e-Insaf...

Published 07 Jun, 2023 06:05am

Trial of civilians under military courts: SC Registrar’s Office raises objection on IK’s petition

Trial of civilians under military courts: SC Registrar’s Office raises objection on IK’s petition

ISLAMABAD: The Registrar Office Supreme Court, on Tuesday, raised objection on Pakistan Tehreek-e-Insaf (PTI)...

Published 07 Jun, 2023 06:05am

Prohibited funding case: PTI seeks more time from ECP to submit reply to show-cause notice

Prohibited funding case: PTI seeks more time from ECP to submit reply to show-cause notice

ISLAMABAD: Former ruling party Pakistan Tehreek-e-Insaf (PTI) has sought more time from the poll entity to submit...

Published 07 Jun, 2023 06:05am

PTI workers should be tried in ATCs: Aitzaz

PTI workers should be tried in ATCs: Aitzaz

LAHORE: Leading lawyer and PPP stalwart Barrister Aitzaz Ahsan has said the Pakistan Tehreek-e-Insaf (PTI) workers...

Published 07 Jun, 2023 06:05am

LHC moved against acquittal of Dr Yasmin

LHC moved against acquittal of Dr Yasmin

LAHORE: The Punjab government on Tuesday filed a petition before the Lahore High Court challenging the acquittal of...

Published 07 Jun, 2023 06:05am

Industries, Auqaf depts sign MoU to train seminary students

Industries, Auqaf depts sign MoU to train seminary students

LAHORE: Provincial Minister for Religious Affairs Syed Azfar Ali Nasir has hailed the government’s pioneering...

Published 07 Jun, 2023 06:05am

Thunderstorm, rain grip Lahore

Thunderstorm, rain grip Lahore

LAHORE: Dust, thunderstorm and rain followed by a weak spell of hailing gripped the city on Tuesday evening, as...

Published 07 Jun, 2023 06:05am

Bushra Bibi declined protective bail

Bushra Bibi declined protective bail

LAHORE: The Lahore High Court (LHC) on Tuesday declining protective bail to Imran Khan’s wife Bushra Bibi, sought...

Published 07 Jun, 2023 06:05am

Govt to widen Jam Sadiq Bridge, says Wahab

Govt to widen Jam Sadiq Bridge, says Wahab

KARACHI: Adviser to the Chief Minister Sindh and candidate for Karachi mayor slot, Murtaza Wahab has said that Jam...

Published 07 Jun, 2023 06:05am

There’s no authentic data to deal with solid waste challenge

There’s no authentic data to deal with solid waste challenge

KARACHI: There is no authentic data available on the massive quantity of solid waste including plastic trash...

Published 07 Jun, 2023 06:05am

Dollar surge jeopardises education of DIMC students

Dollar surge jeopardises education of DIMC students

KARACHI: The escalating value of the dollar has caused significant turmoil for students at the Dow International...

Published 07 Jun, 2023 06:05am

Govt urged to reduce GST on raw material for sanitary napkins

Govt urged to reduce GST on raw material for sanitary napkins

ISLAMABAD: Mehnaz Akbar Aziz, member of the National Assembly (MNA) and chairperson for the Parliamentary Committee...

Published 07 Jun, 2023 06:05am

Traders reject ‘early market closure’

Traders reject ‘early market closure’

KARACHI: Traders on Tuesday rejected the government's decision to close down markets by 8 pm, saying that in the...

Published 07 Jun, 2023 06:05am

SSUET, Ihsan Trust to provide interest-free loan to students

SSUET, Ihsan Trust to provide interest-free loan to students

KARACHI: Sir Syed University of Engineering & Technology (SSUET) signed a Memorandum of Understanding (MoU) with...

Published 07 Jun, 2023 06:05am

Awarding of kiosks in four new Sasta Bazaars: Senate body asks MCI to obtain data from BISP for finalising names

Awarding of kiosks in four new Sasta Bazaars: Senate body asks MCI to obtain data from BISP for finalising names

ISLAMABAD: A parliamentary body, on Tuesday, asked the Metropolitan Corporation Islamabad (MCI) to obtain data from...

Published 07 Jun, 2023 06:05am

KP govt employees: SECP grants NOCs to 4 voluntary pension fund schemes

KP govt employees: SECP grants NOCs to 4 voluntary pension fund schemes

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has granted No Objection Certificates (NOCs) on...

Published 07 Jun, 2023 06:05am

SCBA, PBC condemn murder of SC lawyer

SCBA, PBC condemn murder of SC lawyer

ISLAMABAD: The Supreme Court Bar Association (SCBA) and the Pakistan Bar Council (PBC), on Tuesday, strongly...

Published 07 Jun, 2023 06:05am

‘Proper distribution of resources a must for national development’

‘Proper distribution of resources a must for national development’

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

Published 07 Jun, 2023 06:05am

Potential tropical cyclone develops over Southeast Arabian Sea

Potential tropical cyclone develops over Southeast Arabian Sea

KARACHI: A potential tropical cyclone has developed over Southeast Arabian Sea about 1500 kilometers from south of...

Published 07 Jun, 2023 06:05am

Spouses, dependents included: PAC directs NAB official to bring assets details by tomorrow

Spouses, dependents included: PAC directs NAB official to bring assets details by tomorrow

ISLAMABAD: The Public Accounts Committee (PAC) directed the high-ranking official of the National Accountability...

Published 07 Jun, 2023 06:05am

Zille Shah murder case: LHC confirms pre-arrest bail of Imran Khan

Zille Shah murder case: LHC confirms pre-arrest bail of Imran Khan

LAHORE: The Lahore High Court on Tuesday confirmed the pre-arrest bail of PTI Chairman Imran Khan in a murder case ...

Published 07 Jun, 2023 06:05am

Elections cannot take place in two months: Zardari

Elections cannot take place in two months: Zardari

LAHORE: Former President Asif Ali Zardari said Tuesday that elections could not take place in two months and they...

Published 07 Jun, 2023 06:05am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	278.55
USD PKR Interbank Buying / May 16	278.25
USD to Japanese Yen / May 16	155.81
USD to Swiss Franc / May 16	0.91
Pound Sterling to USD / May 16	1.27
Euro to USD / May 16	1.09

Stock	Volume
S&P 500 / May 16	5297.10
India Sensex / May 16	73663.72
Tokyo Nikkei / May 16	38697.69
Nasdaq / May 16	16698.32
Hang Seng / May 16	19535.72
FTSE 100 / May 16	8438.65
Dow Jones / May 16	39869.38
Germany DAX 30 / May 16	18738.81

Item	Value
Crude Oil USD/Barrel / May 16	79.42
Karachi Cotton PKR/37.32 KG / May 16	19935
Gold 10 Grams PKR / May 16	210562
Gold Spot USD/Ounce / May 16	2377.52
Cotton US¢/pound / May 16	76.26
Petrol/Litre / May 17	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 17 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 17 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 17 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 17 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 17 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 17 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 17 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 17 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 17 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Revision of buyback rates: PM directs Nepra, PD to amend net metering rules

Revision of buyback rates: PM directs Nepra, PD to amend net metering rules

Non-filers: FBR proposes WHT raise on cash withdrawal from banks

Non-filers: FBR proposes WHT raise on cash withdrawal from banks

PD gets PM’s nod for power tariff hike

PD gets PM’s nod for power tariff hike

NAB laws case: hearing adjourned without Imran Khan speaking

NAB laws case: hearing adjourned without Imran Khan speaking

Pakistani companies with market cap of over $1bn at PSX

Pakistani companies with market cap of over $1bn at PSX

Petrol price slashed by Rs15.39, HSD’s by Rs7.88

Petrol price slashed by Rs15.39, HSD’s by Rs7.88

Currency outlook

Currency outlook

Juices, cigarettes prime focus: Govt plans to rationalise FED regime in budget

Juices, cigarettes prime focus: Govt plans to rationalise FED regime in budget

Gold price per tola jumps Rs1,600 in Pakistan

Gold price per tola jumps Rs1,600 in Pakistan