News Archives for Print - 2022-05-01

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Print - 2022-05-01

Eid on Tuesday?

Eid on Tuesday? RECORDER REPORT / APP KARACHI: The Met Office has ruled out sighting of Shawwal moon on May 1,...

Published 01 May, 2022 05:11am

Money & Banking

Business leader concerned at ‘possibility’ of hike in interest rates

KARACHI: Chairman of the National Business Group Pakistan and President of the Pakistan Businessmen and ...

Published 01 May, 2022 05:11am

PTI parliamentarians: Resignations to be accepted only after verification: NA Speaker

LAHORE: Speaker National Assembly Raja Pervaiz Ashraf said on Saturday that no resignation of Pakistan...

Published 01 May, 2022 05:11am

ECP publishes Nadeem Khan’s name as returned candidate

ISLAMABAD: The Election Commission of Pakistan (ECP) on Saturday published the name of Nadeem Khan as candidate...

Published 01 May, 2022 05:11am

Maryam says new CM to lay focus on public issues

LAHORE: Felicitating the people of Punjab over the oath of Hamza Shehbaz as Punjab Chief Minister, the PML-N leaders...

Published 01 May, 2022 05:11am

Punjab gets youngest- ever chief minister

LAHORE: Hamza Shehbaz Sharif, who took oath as the 21st Chief Minister of Punjab here on Saturday, is the youngest...

Published 01 May, 2022 05:11am

Country to face ‘absolute’ water scarcity by 2025: expert

ISLAMABAD: Pakistan is likely to face absolute water scarcity by 2025, as the fresh water availability has dropped ...

Published 01 May, 2022 05:11am

COAS, Bill Gates hold talks on polio, Covid-19 challenges

ISLAMABAD: General Qamar Javed Bajwa, Chief of Army Staff (COAS) of the Pakistan Army and Bill Gates, Co-Chair of ...

Published 01 May, 2022 05:11am

No work done on Railways’ ML-1 project in 4 years: Saad

LAHORE: Federal Minister for Railways Khawaja Saad Rafique has expressed serious concern over the fact that no work...

Published 01 May, 2022 05:11am

Foreign funding case: Marri demands Imran refrain from ‘invading’ ECP

KARACHI: Federal Minister for Poverty Alleviation and Social Security Shazia Marri on Saturday said that Imran Khan...

Published 01 May, 2022 05:11am

‘Governor had rightly restored Punjab CM Buzdar’: PTI leader

LAHORE: Pakistan Tehreek-e-Insaf (PTI) senior leader and former Punjab law minister Muhammad Basharat Raja has said...

Published 01 May, 2022 05:11am

Sindh minister urges people to take precautions in view of heat wave

KARACHI: Sindh Information Minister Sharjeel Inam Memon has advised citizens to adopt precautionary measure in view...

Published 01 May, 2022 05:11am

Constitutional crisis in Punjab is over now: Rana

LAHORE: Interior Minister Rana Sanaullah Khan has congratulated Hamza Shahbaz over taking oath as Punjab Chief...

Published 01 May, 2022 05:11am

Bilawal performs Umrah

JEDDAH: Foreign Minister and Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari Saturday performed...

Published 01 May, 2022 05:11am

Sri Lanka hikes medicine prices

COLOMBO: Cash-strapped Sri Lanka announced a 40 percent price hike for dozens of commonly used medicines on Saturday...

Published 01 May, 2022 05:11am

Crisis-hit Sri Lanka says IMF bailout three months away

COLOMBO: An International Monetary Fund bailout package for crisis-hit Sri Lanka could take up to three months to...

Published 01 May, 2022 05:11am

Money & Banking

Swiss National Bank opposed bitcoin as reserve currency

ZURICH: The Swiss National Bank is against buying and holding bitcoin as a reserve currency, Chairman Thomas Jordan...

Published 01 May, 2022 05:11am

Kyiv police find three bound men they say were executed

KYIV: Ukrainian police said on Saturday they had found the bodies of three civilian men in the Bucha district north...

Published 01 May, 2022 05:11am

Russia says risks of nuclear war must be kept to minimum

MOSCOW: Russia believes the risks of nuclear war should be kept to a minimum and that any armed conflict between...

Published 01 May, 2022 05:11am

Russia urges US, NATO to halt Kyiv arms supply

BEIJING: Russia’s foreign minister urged the US and NATO to stop supplying Kyiv with arms if they are “really...

Published 01 May, 2022 05:11am

Under-fire Iran speaker responds to ‘lies’ about family trip

TEHRAN: The speaker of Iran’s parliament on Saturday responded to days of criticism after his family was seen...

Published 01 May, 2022 05:11am

Europe

Erdogan says Le Pen’s defeat in French election a ‘win’

ISTANBUL: President Recep Tayyip Erdogan welcomed far-right presidential candidate Marine Le Pen’s defeat in the...

Published 01 May, 2022 05:11am

USA

Biden, Mexican president warn of ‘unprecedented’ migration flow

WASHINGTON: US President Joe Biden and his Mexican counterpart Andres Manuel Lopez Obrador warned of...

Published 01 May, 2022 05:11am

Africa

Leading Algeria opposition figure arrested

ALGIERS: One of Algeria’s leading opposition figures, Karim Tabbou, remained in custody Saturday for unknown...

Published 01 May, 2022 05:11am

Turkey, Saudi to revive great economic potential, Erdogan says

ANKARA: Turkey and Saudi Arabia have a common will to “reactivate a great economic potential” between the two...

Published 01 May, 2022 05:11am

The Weather

KARACHI: The weather report on Saturday (April 30, 2022) and the forecast for Sunday (May 01, 2022)....

Published 01 May, 2022 05:11am

PM Shehbaz says he’s committed to promoting Ummah’s interests

Urges OIC to lead diplomatic endeavors towards facilitating a peaceful and lasting solution to Jammu and Kashmir

Updated 01 May, 2022 09:19am

‘Long March’ towards Islamabad in last week of May: IK

Says preparations for long march will begin on the eve of Eid ul Fitr

Updated 01 May, 2022 09:15am

Hate material on social media: SC urged to direct authorities to take action

ISLAMABAD: The Supreme Court has been asked to direct the authorities to initiate action against persons managing...

Published 01 May, 2022 05:11am

‘Threat letter’: Seeking investigation, Imran writes letters to President, CJP

Says issue led to the removal of his government through an engineered vote of no confidence in the National Assembly

Updated 01 May, 2022 09:18am

Immovable properties: Punjab govt to enhance ‘district rates’ from July 1

ISLAMABAD: In consultation with the Federal Board of Revenue (FBR), the Punjab government has decided to enhance...

Updated 01 May, 2022 02:22pm

Karachi University blast: President visits China’s embassy, expresses condolence

ISLAMABAD: President Dr Arif Alvi on Saturday visited the Embassy of China and offered his heartfelt condolences ...

Published 01 May, 2022 05:11am

Price hike dampens Eid festivity

PESHAWAR: As the Eid, a largest religious Muslim festival, which celebrated across the world at the end of the holy...

Published 01 May, 2022 05:11am

Chinese minister greets planning minister

ISLAMABAD: Minister of International Affairs, Communist Party of China, Song Tao has written a letter to Federal...

Published 01 May, 2022 05:11am

Gains made against terrorism, extremism: Soft approaches mandatory for lasting peace: PIPS research

ISLAMABAD: The gains made by Pakistan against terrorism and violent extremism would remain unsustainable without...

Published 01 May, 2022 05:11am

NHMP, Wildlife dept to take steps against illegal hunting

ISLAMABAD: The National Highways and Motorways Police (NHMP) and the Wildlife department entered into an agreement ...

Published 01 May, 2022 05:11am

SIU arrests two members of arms smuggling gang

KARACHI: The Special Investigation Unit (SIU) on Saturday claimed to have arrested two members of an ...

Published 01 May, 2022 05:11am

M Phil student arrested

KARACHI: In a major development, the law-enforcement agencies have arrested a student in connection with suicide...

Published 01 May, 2022 05:11am

Former Karachi University security advisor submits report on CCTV cameras

KARACHI: The former Campus Security Advisor of the University of Karachi Dr Moiz Khan has submitted a detailed ...

Published 01 May, 2022 05:11am

Bayer, AUW to support women’s education in Asia

KARACHI: Bayer has pledged US 675,000 dollars for the Bayer scholarship programme which will fund the university...

Published 01 May, 2022 05:11am

Utility stores requried to display price lists prominently

HYDERABAD: On the special instructions of Federal Ombudsman Ejaz Ahmed Qureshi, Syed Saghar Hussain Zaidi, Regional...

Published 01 May, 2022 05:11am

Labour Day: the many challenges before trade unions

Once again the Labour Day has arrived that is being observed to commemorate the sacrifices of the labour leaders who...

Published 01 May, 2022 05:11am

‘The year of telecommunication’

Bell to Broadband is a Tale of Telecomm-unication. The beginning of modern telecommunications in the nineteenth...

Published 01 May, 2022 05:11am

Afghanistan: From landlocked to land-linked

Like the 49 landlocked countries (including five partially recognised states) of the World, Afghanistan also relies...

Published 01 May, 2022 05:11am

Letters

Game of Thrones

Although it’s not the Game of Thrones per se, the situation that is obtaining in relation to each Sharif’s...

Published 01 May, 2022 05:11am

Islamabad: mobile phone snatching, car lifting cases on the rise

ISLAMABAD: Mobile phone snatching and car lifting incidents have increased manifold in the federal capital during ...

Published 01 May, 2022 05:11am

‘International Day to End Corporal Punishment of Children 2022’ marked

ISLAMABAD: The international and domestic organizations/ groups, Saturday, raised their voice for taking urgent...

Published 01 May, 2022 05:11am

Energy

Asia Distillates: Gasoil, jet fuel cracks soar to record highs

SINGAPORE: Asian refining margins for 10 ppm gasoil rose to a fresh all-time high on Friday, posting a weekly gain ...

Published 01 May, 2022 05:11am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 70,180 tonnes of cargo comprising 50,304 tonnes of import cargo and 19,876...

Published 01 May, 2022 05:11am

Energy

US natgas futures up as cooling demand starts to rise

NEW YORK: US natural gas futures rose about 2% on Friday as some parts of the country rapidly move from heating...

Published 01 May, 2022 05:11am

Energy

Asia Fuel Oil: VLSFO crack posts weekly gain amid tight supplies

SINGAPORE: Asia’s front-month crack for 0.5% very low-sulphur fuel oil (VLSFO) rose for a third straight session ...

Published 01 May, 2022 05:11am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Saturday (April 30, 2022)....

Published 01 May, 2022 05:11am

Cotton & Textile

Cotton market dull ahead of Eid holidays

LAHORE: The local cotton market on Saturday remained dull and trading volume remained low. Cotton Analyst Naseem...

Published 01 May, 2022 05:11am

Stocks

Berkshire bought $51bn stock

OMAHA: Warren Buffett’s Berkshire Hathaway Inc dove into equity markets in the first quarter, spending more than...

Published 01 May, 2022 05:11am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (April 30, 2022)....

Published 01 May, 2022 05:11am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Saturday (April 30, 2022). ========================== KIBOR...

Published 01 May, 2022 05:11am

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 01 May, 2022 05:11am

Forex

Open market rates of foreign currencies

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

Published 01 May, 2022 05:11am

Rates

YOUR RUPEE LAST MONTH

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last month. (April 01 to ...

Published 01 May, 2022 05:11am

Rates

Automart: car prices in Karachi

KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (April ...

Published 01 May, 2022 05:11am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Saturday (April 30, 2022)...

Published 01 May, 2022 05:11am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (April 30, 2022). ======================================= Offset...

Published 01 May, 2022 05:11am

NFC sector in Pakistan hit hard by Covid shock, says IMF

Warns going forward limited policy space in many of the region’s countries could add to the woes of the corporate sector

Updated 01 May, 2022 02:11pm

First half of May: Prices of POL products to remain unchanged

ISLAMABAD: In a fortnightly review, the federal government has decided to continue the subsidy on petroleum products...

Updated 01 May, 2022 09:03am

Eid holidays may disturb oil supplies: Power plants: furnace oil arranged for May

ISLAMABAD: The Petroleum Division has arranged 281,000 MMT furnace oil for May 2022 for the power sector to be...

Updated 01 May, 2022 09:04am

Payment of PDC for March: Ogra sees shortfall of Rs1.87bn

ISLAMABAD: The Ministry of Energy was informed by the Oil and Gas Regulatory Authority (OGRA) that there was a...

Updated 01 May, 2022 09:04am

Inward home remittances: ECs can maintain separate forex accounts for each MTO: SBP

KARACHI: The State Bank of Pakistan (SBP) has allowed the Exchange Companies (ECs) to maintain separate foreign...

Updated 01 May, 2022 09:05am

Execution of revised GSA with SNGPL: NPPMCL seeks help of Power Div

ISLAMABAD: National Power Parks Management Company (NPPMCL) has sought the Petroleum Division’s help in the...

Updated 01 May, 2022 09:07am

New power capacity: Competitive bidding yet to be implemented: WB

ISLAMABAD: Competitive bidding for new power capacity in Pakistan has yet to be implemented, delaying the expected...

Updated 01 May, 2022 09:08am

SBP revises customers’ digital onboarding framework

KARACHI: The State Bank of Pakistan (SBP) has revised the customers’ digital onboarding framework aimed at...

Updated 01 May, 2022 09:09am

Punjab CM-elect administered oath at last

LAHORE: Pakistan Muslim League-Nawaz (PML-N) MPA from PP-146-Lahore Muhammad Hamza Shehbaz Sharif was sworn in as...

Updated 01 May, 2022 09:10am

Issuance of right shares by listed cos: SECP seeks to adopt enhanced disclosure-based regime

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) Saturday proposed to adopt an enhanced...

Updated 01 May, 2022 09:12am

Financial institutions regulated by SECP: Banks not responsible for FATF’s AML/CFT obligations

ISLAMABAD: Banks are not responsible for the Financial Action Task Force (FATF)’s anti-money laundering and...

Updated 01 May, 2022 09:13am

System-based scrutiny of IT returns: Alvi upholds FTO’s decision

ISLAMABAD: President Arif Alvi has upheld the decision of the Federal Tax Ombudsman (FTO) to implement system-based...

Published 01 May, 2022 05:11am

Taxes

Provisional figures: FBR witnesses Rs5bn revenue shortfall in April

ISLAMABAD: The Federal Board of Revenue (FBR) has suffered a revenue shortfall of Rs 5 billion during April 2022, as...

Updated 01 May, 2022 02:24pm

Taxes

FBR assigns Dr Ashfaq Tunio additional charge of Member Admn/HR

ISLAMABAD: Dr Ashfaq Ahmad Tunio, a BS-21 officer of Inland Revenue Service, presently posted as Member (IT), ...

Published 01 May, 2022 05:11am

Taxes

LTO collects Rs126,520m during ongoing fiscal year

KARACHI: The Large Taxpayers Office (LTO), Karachi has collected Rs126,520 million in all taxes during the ongoing...

Published 01 May, 2022 05:11am

Commodities

Taskforce formed to deal with palm oil shortage challenge

KARACHI: Syed Naveed Qamar, Federal Minister for Commerce has informed that the Prime Minister Shehbaz Sharif had...

Published 01 May, 2022 05:11am

Industry

Naveed for safeguarding businessmen’s interests in int’l agreements

KARACHI: Federal Minister for Commerce and Investment Syed Naveed Qamar Saturday directed the officials concerned to...

Published 01 May, 2022 05:11am

A new wave of terror in Afghanistan

EDITORIAL: The Afghan capital, Kabul, continues to suffer bomb blasts by terrorists that have rocked the country...

Published 01 May, 2022 05:11am

A worrisome situation

EDITORIAL: During the last few days the law enforces in Karachi have shown, once again, that either they are...

Published 01 May, 2022 05:11am

Money & Banking

BankIslami records 34pc growth in PAT for 1Q22

KARACHI: BankIslami recorded some 34 percent growth in Profit After Tax for the first quarter of this year (1Q22)....

Published 01 May, 2022 05:11am

Prices of essential kitchen items show mixed trend

ISLAMABAD: The prices of essential kitchen items have witnessed a mixed trend during this week past as compared to...

Published 01 May, 2022 05:11am

Industry

FPCCI, LCCI office-bearers urge new Punjab CM to help resolve economic issues

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and the Lahore Chamber of Commerce and...

Published 01 May, 2022 05:11am

Taxes

FBR chief directs taxmen to abstain from private practices

ISLAMABAD: The Federal Board of Revenue (FBR) Chairman Asim Ahmad has issued the first enforcement directive to the...

Published 01 May, 2022 05:11am

Commodities

Vietnam Jan-Apr coffee exports seen up

HANOI: Coffee exports from Vietnam are expected to increase 28.4% in the first four months of this year from a year...

Published 01 May, 2022 05:11am

Money & Banking

India seizes $725m from China’s Xiaomi

NEW DELHI: India seized $725 million from the local bank accounts of Xiaomi after a probe found the Chinese...

Published 01 May, 2022 05:11am

Money & Banking

Russian central bank slashes key interest rate again

MOSCOW: Russia’s central bank said Friday it was cutting its key interest rate for a second straight time as risks...

Published 01 May, 2022 05:11am

Money & Banking

China’s yuan heads for worst month since 2019

SHANGHAI: China’s yuan swung wildly on Friday, touching a 1-1/2-year low before recovering its losses by the...

Published 01 May, 2022 05:11am

Money & Banking

Robust economic growth helps Canadian dollar trim April decline

TORONTO: The Canadian dollar strengthened against its US counterpart on Friday as domestic data showing strong...

Published 01 May, 2022 05:11am

Money & Banking

Australia, NZ dollars feeling global blues after bruising month

SYDNEY: The Australian and New Zealand dollars were nursing bruising monthly losses on Friday as global growth...

Published 01 May, 2022 05:11am

Industry

China factory activity dips to lowest in two years

BEIJING: China’s manufacturing activity slumped to its lowest level since February 2020, official data showed...

Published 01 May, 2022 05:11am

AAJ PROGRAM SCHEDULE

Sunday, May 01, 2022 TIMING PROGRAM TITLE 06:00 NEWS BULLETIN 06:25 HEADLINE NEWS 06:30 NEWS BULLETIN 06:55...

Published 01 May, 2022 05:11am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 28	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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