News Archives for Print - 2022-08-17

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Print - 2022-08-17

Sindh: more widespread rain-thunderstorms likely

KARACHI: More widespread rain-thunderstorms with scattered heavy to very heavy falls are expected across Sindh until...

Published 17 Aug, 2022 07:27am

ADSJ issues notice to Gill, seeks arguments

ISLAMABAD: Following the direction of the Islamabad High Court (IHC) to the local court to rehear a review petition...

Published 17 Aug, 2022 07:25am

2nd Phase of Sindh Local Government elections: 2,528 polling stations declared ‘highly sensitive’

KARACHI: As the 2nd phase of Sindh Local Government elections is being held in Karachi and Hyderabad divisions on...

Published 17 Aug, 2022 07:23am

Intra-party elections case: Punjab CM challenges ECP’s jurisdiction

ISLAMABAD: Chief Minister Punjab Chaudhry Pervez Elahi has challenged before the Election Commission of Pakistan...

Published 17 Aug, 2022 07:22am

Zardari slams govt for increasing petrol price

ISLAMABAD: Pakistan Peoples Party (PPP) co-chairman Asif Ali Zardari expressed serious concern over the increase in...

Published 17 Aug, 2022 07:20am

One-third of telemetry instruments of Wapda not working

LAHORE: About one-third telemetry instruments of Water and Power Development Authority (Wapda) are out of order,...

Published 17 Aug, 2022 07:19am

Stocks

S&P 500 near unchanged; Walmart and other retailers gain

NEW YORK: The S&P 500 was near flat in late trading on Tuesday as Walmart and Home Depot gained following...

Published 17 Aug, 2022 07:02am

Stocks

European stocks rally for fifth day

PARIS: European shares extended gains for a fifth straight session on Tuesday, buoyed by defensive sectors and...

Published 17 Aug, 2022 07:00am

Stocks

Japan’s Nikkei closes flat

TOKYO: Japan’s Nikkei index closed almost flat on Tuesday, with energy-related stocks and shippers weighing the...

Published 17 Aug, 2022 06:57am

Stocks

FTSE 100 ends higher

LONDON: Britain’s top share index ended near a 10-week peak on Tuesday as strong results from BHP Group sparked a...

Published 17 Aug, 2022 06:55am

A ‘national issue’ indeed

EDITORIAL: Now that increasing TTP (Tehreek-e-Taliban Pakistan) presence in KP (Khyber Pakhtunkhwa), and increasing...

Published 17 Aug, 2022 06:52am

Russian oil and coal: India is on a binge

EDITORIAL: Indian companies are, as per customs documents and industry sources, using Asian currencies to purchase...

Published 17 Aug, 2022 06:47am

Prices of automotives decline

KARACHI: The local car assemblers have reduced their prices up to Rs 1.14 million, taking a lead from other business...

Published 17 Aug, 2022 06:37am

Money & Banking

RDA customers: SBP issues service standards on mobile apps

KARACHI: The State Bank of Pakistan (SBP) has issued service standards for enablement of minimum set of services on...

Published 17 Aug, 2022 06:30am

July remittances down 8pc YoY

KARACHI: Inflows of workers’ remittances fell by 8 percent during the first month of this fiscal year (FY23), the...

Published 17 Aug, 2022 06:07am

Asia

China unveils new perks aimed at boosting slowing birth rate

BEIJING: China on Tuesday announced a slew of perks aimed at encouraging families to have more babies, as birth ...

Published 17 Aug, 2022 06:07am

US to contribute $100,000 to flood relief efforts

ISLAMABAD: The United States will provide $100,000 to support the flood relief efforts and humanitarian assistance ...

Published 17 Aug, 2022 06:07am

Marri highlights govt’s approach to challenge of poverty

ISLAMABAD: Federal Minister for Poverty Alleviation and Social Safety Shazia Atta Marri on Tuesday said that there ...

Published 17 Aug, 2022 06:07am

Punjab govt launching ‘Ehsaas Programme’

LAHORE: On the instructions of Chairman PTI Imran Khan, the Punjab government is initiating the ‘Ehsaas...

Published 17 Aug, 2022 06:07am

Torture ‘meted out’ to Gill: Adiala Jail superintendent removed

LAHORE: After reshuffling hundreds of police officers in Punjab for allegedly manhandling the Azadi March...

Published 17 Aug, 2022 06:07am

Six more development schemes approved

LAHORE: The Punjab Provincial Development Working Party approved six development schemes of various sectors with an...

Published 17 Aug, 2022 06:07am

Punjab Prohibition of Interest on Private Loans Bill 2022 passed

LAHORE: The Punjab Assembly on Tuesday unanimously passed The Punjab Prohibition of Interest on Private Loans Bill...

Published 17 Aug, 2022 06:07am

MENA

Co-founder of Spades, a UAE-based payments solution, advises startups against ‘aggressive customer acquisition’

Adnan Haque, the co-founder of a contactless payments solution that is being used at some 200 restaurants in the ...

Updated 17 Aug, 2022 12:58pm

‘Soviet occupation of Afghanistan and the Kashmir Resurrection’

Excerpts from the book “Avoiding Armageddon: America, India, and Pakistan to the Brink and Back” by Bruce Riedel

Published 17 Aug, 2022 06:07am

358 Covid-19 cases, 8 deaths reported across country

ISLAMABAD: Pakistan on Tuesday reported 358 positive cases of coronavirus and eight Covid-19-related deaths across...

Published 17 Aug, 2022 06:07am

Beaconhouse & Tech Valley sign MoU

KARACHI: Beaconhouse, a global network of private schools and institutes educating over 315,000 students in seven...

Published 17 Aug, 2022 06:07am

Captain Usman (retd) made Chief Commissioner ICT

ISLAMABAD: Federal government on Tuesday transferred Captain Muhammad Usman (retd) from Punjab government and is...

Published 17 Aug, 2022 06:07am

‘Pakistan-Iran train service partially restored’

CHAGAI: The train service between Pakistan and Iran, which remain suspended for the last 25 days, has been partially...

Published 17 Aug, 2022 06:07am

Physical remand of Gill: IHC refers matter to sessions’ court

ISLAMABAD: The Islamabad High Court (IHC), Tuesday, declared the government’s petition challenging the rejection ...

Published 17 Aug, 2022 06:07am

Erstwhile tribal areas: Mazari again raises objections over visit of US envoy

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Dr Shireen Mazari on Tuesday once again raised objections over the...

Published 17 Aug, 2022 06:07am

Moderate flash flooding expected in tributaries of Kabul & Indus

LAHOPRE: Moderate flash flooding is expected in the tributaries of rivers Kabul and Indus during next 24 hours, said...

Published 17 Aug, 2022 06:07am

‘Pakistan needs plan for import substitution’

KARACHI: Pasban Democratic Party (PDP) chairman Altaf Shakoor has said that Pakistan needs plan for import...

Published 17 Aug, 2022 06:07am

PFA continues operation against superstores, marts

LAHORE: The Punjab Food Authority (PFA) enforcement teams continued its operation against superstores and marts...

Published 17 Aug, 2022 06:07am

Governor for increasing country’s exports: Political parties should make ‘Charter of Economy’: Governor

LAHORE: Emphasizing the need for increasing the country’s exports to stabilize the economy, Punjab Governor...

Published 17 Aug, 2022 06:07am

Punjab govt to hold tree plantation competition

LAHORE: The Punjab government has decided to hold a tree plantation competition among all the parks &...

Published 17 Aug, 2022 06:07am

Punjab once again on path of development: Cheema

LAHORE: Adviser to CM on Information Umer Sarfraz Cheema has said that ‘Calibri Font Queen’ is showing extreme...

Published 17 Aug, 2022 06:07am

LG polls in Sindh: SC concerned over delimitation of constituencies for Phase-II

ISLAMABAD: The Supreme Court expressed concern over the delimitation of constituencies for the phase-II of Local...

Published 17 Aug, 2022 06:07am

SECP issues Master Circular

ISLAMABAD: To facilitate the asset management industry in compliance with statutory/regulatory requirements in an...

Published 17 Aug, 2022 06:07am

Senate body terms PNSC chairman’s refusal to vacate office ‘unlawful act’

ISLAMABAD: The Senate Standing Committee on Maritime Affairs termed the Pakistan National Shipping Corporation ...

Published 17 Aug, 2022 06:07am

SU VC fears 2,000 girl students may deprived of higher education

HYDERABAD: The Vice-Chancellor University of Sindh Professor (Meritorious) Dr. Muhammad Siddique Kalhoro has said...

Published 17 Aug, 2022 06:07am

South Asia

11 Hindu men convicted of gang-rape in 2002 riots go free

AHMEDABAD: Eleven Hindu men jailed for life for the gang-rape of a pregnant Muslim woman during Hindu-Muslim riots ...

Published 17 Aug, 2022 06:07am

11 dead in Turkish strikes on Syria border post: monitor

BEIRUT: Turkish air strikes on a Syria border post run by regime forces killed 11 Tuesday, following an overnight...

Published 17 Aug, 2022 06:07am

US tests ICBM after Ukraine, China-linked delays

WASHINGTON: The United States successfully tested a long-range, nuclear-capable ballistic missile Tuesday after ...

Published 17 Aug, 2022 06:07am

The Weather

KARACHI: The weather report on Tuesday (August 16, 2022) and the forecast for Wednesday (August 17, 2022)....

Published 17 Aug, 2022 06:07am

Rates

Stocks end in negative territory

KARACHI: Pakistan Stock Exchange on Tuesday opened on a positive note however failed to sustain this momentum as...

Published 17 Aug, 2022 06:07am

PTI’s plea against ECP’s report: IHC decides to constitute larger bench

ISLAMABAD: The Islamabad High Court (IHC) decided to constitute a larger bench to hear the Pakistan Tehreek-e-Insaf...

Published 17 Aug, 2022 06:07am

Two cops martyred in attack on polio team in Tank

PESHAWAR: Two police personnel have been martyred due to the firing of unknown assailants in Kot Azam area of...

Published 17 Aug, 2022 06:07am

20 killed in bus-oil tanker collision at Multan

MULTAN: At least 20 people lost their lives as a passenger bus caught fire after a collision with an oil tanker at...

Published 17 Aug, 2022 06:07am

PARTLY FACETIOUS: The Bush Bazaar in Kabul

“I wanted to gift…” “To whom? If you want to gift anything to The Khan then please be ready to find it on...

Published 17 Aug, 2022 06:07am

Grains

Grains weighed by China, Ukraine, weather

CHICAGO: Chicago corn, wheat and soybean futures fell for a second day on Tuesday, pressured by rainfall across ...

Published 17 Aug, 2022 06:07am

Stocks

China stocks end a tad lower

SHANGHAI: China blue-chip index edged lower on Tuesday on worries about COVID-19 flare-ups and slowing economic...

Published 17 Aug, 2022 06:07am

Food for thought as Pakistan turns 75

Ayesha Jalal in her Struggle for Pakistan book has aptly stated: Truncated State, Divided Nation Religion is often...

Published 17 Aug, 2022 06:07am

Ben & Jerry’s Unilever fight shows risks of ceding control

Ben & Jerry’s legal battle with Unilever sheds light on an issue affecting a growing number of purpose-led...

Published 17 Aug, 2022 06:07am

Net zero, Russia war driving nascent hydrogen economy

Kevin Kendall pulls up at the only green hydrogen refuelling station in Birmingham, Britain’s second-biggest city,...

Published 17 Aug, 2022 06:07am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 100,500 tonnes of cargo comprising 82,423 tonnes of import cargo and 18,077...

Published 17 Aug, 2022 06:07am

Rates

LME official prices

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

Published 17 Aug, 2022 06:07am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Tuesday (August 16, 2022). ======================================= Offset...

Published 17 Aug, 2022 06:07am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (August 16, 2022)....

Published 17 Aug, 2022 06:07am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Tuesday (August 16, 2022)....

Published 17 Aug, 2022 06:07am

Rates

Cross Transactions between Client to Client & Financial Institutions

KARACHI: The following were the cross transactions between client to client & financial institutions here on...

Published 17 Aug, 2022 06:07am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Tuesday (August 16, 2022)....

Published 17 Aug, 2022 06:07am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on ...

Published 17 Aug, 2022 06:07am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (August 16, 2022). ==================================== BR...

Published 17 Aug, 2022 06:07am

Rates

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....

Published 17 Aug, 2022 06:07am

Rates

Dividend/Bonus Announcements

KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange....

Published 17 Aug, 2022 06:07am

Stocks

Last date of renunciation/payment

KARACHI: Last dates of renunciation/payment....

Published 17 Aug, 2022 06:07am

Rates

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....

Published 17 Aug, 2022 06:07am

Rates

Clearing Schedule for T+2 System

KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System....

Published 17 Aug, 2022 06:07am

Stocks

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 17 Aug, 2022 06:07am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Tuesday (August 16, 2022). ======================== Offer Price...

Published 17 Aug, 2022 06:07am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Tuesday (August 16, 2022). ======================== Offer Price...

Published 17 Aug, 2022 06:07am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Tuesday (August 16, 2022). ======================== Offer Price...

Published 17 Aug, 2022 06:07am

Rates

EFU INCOME GROWTH FUND RATES

KARACHI: EFU Aggressive Fund Rates on Tuesday (August 16, 2022). ======================== Offer Price 1,002.0804...

Published 17 Aug, 2022 06:07am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Tuesday (August 16, 2022). ======================== Offer Price 1,441.7918...

Published 17 Aug, 2022 06:07am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Tuesday (August 16, 2022). ======================== Offer Price...

Published 17 Aug, 2022 06:07am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Tuesday (August 16, 2022). ======================== Offer Price...

Published 17 Aug, 2022 06:07am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Tuesday (August 16, 2022). ======================== Offer Price...

Published 17 Aug, 2022 06:07am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Tuesday (August 16, 2022). ======================== Offer Price...

Published 17 Aug, 2022 06:07am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Tuesday (August 16, 2022). ======================== Offer Price...

Published 17 Aug, 2022 06:07am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Tuesday (August 16, 2022). ======================== Offer Price...

Published 17 Aug, 2022 06:07am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Tuesday (August 16, 2022). ======================== Offer Price...

Published 17 Aug, 2022 06:07am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Tuesday (August 16, 2022). ======================== Offer ...

Published 17 Aug, 2022 06:07am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Tuesday (August 16, 2022). ======================== Offer Price...

Published 17 Aug, 2022 06:07am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Tuesday (August 16, 2022). ======================== Offer Price...

Published 17 Aug, 2022 06:07am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Tuesday (August 16, 2022). ======================== Offer Price 1,227.3796 Bid...

Published 17 Aug, 2022 06:07am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (August 16, 2022). ========================...

Published 17 Aug, 2022 06:07am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (August 16, 2022). ========================...

Published 17 Aug, 2022 06:07am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Tuesday (August 16, 2022). ========================== KIBOR...

Published 17 Aug, 2022 06:07am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Tuesday (August 16, 2022)....

Published 17 Aug, 2022 06:07am

Forex

Open market rates of foreign currencies

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

Published 17 Aug, 2022 06:07am

SBP allows ECs to export dollar on consignment basis

ECs will bring the export proceeds in their USD account maintained with banks in Pakistan within three days

Updated 17 Aug, 2022 10:13am

Miftah says takes ownership of ‘all’ difficult decisions

ISLAMABAD: Finance Minister Miftah Ismail Tuesday said he takes ownership of all the difficult decisions taken by...

Updated 17 Aug, 2022 09:34am

FY22 LSMI output grows 11.7pc YoY

ISLAMABAD: The Large Scale Manufacturing Industries (LSMI) output has registered a growth of 11.7 percent during the...

Updated 17 Aug, 2022 09:40am

Minister floats 4-point autarky formula

ISLAMABAD: Finance Minister Miftah Ismail has proposed four-point formula – investing in education, reducing...

Updated 17 Aug, 2022 09:39am

Names of Shahzad Akbar, 9 others placed on ECL

ISLAMABAD: The federal cabinet Tuesday approved the inclusion of the names of 10 people on the Exit Control List...

Updated 17 Aug, 2022 09:41am

Registered developers, builders: FBR says annual renewal of registration not needed

ISLAMABAD: The Federal Board of Revenue (FBR) has directed all registered developers and builders that there is no...

Updated 17 Aug, 2022 09:43am

Bonded carriers: Suspended clearing agents can file appeals before DGTT: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has allowed suspended clearing agents of the bonded carriers to file...

Updated 17 Aug, 2022 09:43am

All revenue collection-related services remain fully functional, clarifies FBR

Taxes

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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