News Archives for Print - 2022-09-17

<<>>

Print - 2022-09-17

‘It’s a car with broken brakes’: investors see unrelenting yen descent

Japan’s threats of currency intervention might slow but not stop the yen from hurtling towards three-decade lows...

Published 17 Sep, 2022 04:27am

Lower oil prices defy robust forecasts for global demand

Oil prices have tumbled by around a quarter in the past three months, largely due to fears of a prolonged slump in...

Published 17 Sep, 2022 04:27am

OPEC+ leaders like $100 oil, won’t necessarily defend it

Saudi Arabia and Russia, the de facto leaders of the OPEC+ oil producer group, see $100 a barrel as a fair price ...

Published 17 Sep, 2022 04:27am

Fact sheet: renewable energy

Prime Minister (PM) Shehbaz Sharif this week, in a meeting with a Chinese company that is interested to set up a...

Published 17 Sep, 2022 04:27am

Flooding in Sindh, Balochistan causes more deaths, destruction

ISLAMABAD: The continuing flooding in Sindh and Balochistan provinces where large swath of lands have been inundated...

Updated 17 Sep, 2022 11:00am

Naval chief visits flood-hit areas of Sujawal

KARACHI: Chief of the Naval Staff Admiral Muhammad Amjad Khan Niazi visited flood affected areas of Sujawal to ...

Published 17 Sep, 2022 04:27am

DRAP behind artificial shortage of analgesic drug, alleges PYPA

ISLAMABAD: Pakistan Young Pharmacist Association (PYPA) has accused the Drug Regulatory Authority Pakistan (DRAP) ...

Published 17 Sep, 2022 04:27am

‘Economy is collapsing due to political turmoil’

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

Updated 17 Sep, 2022 11:05am

Punjab CS takes 14-day leave

LAHORE: Punjab Chief Secretary Kamran Ali Afzal reportedly proceeded on a 14-day leave after some differences with...

Published 17 Sep, 2022 04:27am

Punjab CM briefed about conditions in prisons

LAHORE: Punjab Chief Minister Chaudhry Pervaiz Elahi has expressed his desire to ensure provision of basic human...

Published 17 Sep, 2022 04:27am

Naunehal Assembly held

KARACHI: A function of Hamdard Naunehal Assembly Karachi chapter, comprising speeches, recitation of verses from the...

Published 17 Sep, 2022 04:27am

Khattak rejects rumours about IK-COAS meeting

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) senior leader Pervez Khattak on Friday rejected the reports of a secret...

Published 17 Sep, 2022 04:27am

PARTLY FACETIOUS: If political uncertainty becomes certainty?

“So you reckon its political uncertainty that is responsible for the appalling state of the economy?” “It ...

Published 17 Sep, 2022 04:27am

PIA organises food gala

KARACHI: PIA organized a food gala at PIA Training Centre where guests from the Commercial Aviation Industry...

Published 17 Sep, 2022 04:27am

Resident diplomatic missions: Ministry hosts briefing on CPEC

ISLAMABAD: The Ministry of Foreign Affairs on Friday hosted a briefing on China-Pakistan Economic Corridor (CPEC) ...

Published 17 Sep, 2022 04:27am

Women police station in Gujranwala on the cards: IGP

LAHORE: To give maximum representation to the women police officers in field, the Punjab police are planning to...

Published 17 Sep, 2022 04:27am

Chehlum of Hazrat Imam Hussain (AS): Stringent security arrangements in ICT

ISLAMABAD: The law enforcement agencies on Friday made stringent security arrangements in the city for the Chehlum ...

Published 17 Sep, 2022 04:27am

‘Sports activities promotion vital for creation of healthy society’

LAHORE: Terming promotion of sports activities among the youth essential for establishing a healthy society, ...

Published 17 Sep, 2022 04:27am

Rs1.5bn sought to import vaccination against LSD

LAHORE: The Punjab Livestock and Dairy Development Department (L&DDD) has forwarded a summary to the provincial...

Published 17 Sep, 2022 04:27am

CMOs services: PTA carries out QoS Survey

ISLAMABAD: Pakistan Telecommunication Authority (PTA) has carried out an independent Quality of Service (QoS) Survey...

Published 17 Sep, 2022 04:27am

PSB asked to start inter-school sports competition

ISLAMABAD: The Senate Special Committee on "The Promotion and Development of Football in the Country" asked the...

Published 17 Sep, 2022 04:27am

Minister blames federal govt for economic problems

LAHORE: Provincial Health Minister Dr Yasmin Rashid said on Friday that tall claim of good governance of the federal...

Published 17 Sep, 2022 04:27am

Fakhar leaves for England for treatment of right knee injury

LAHORE: Cricketer Fakhar Zaman has left for England to undergo treatment of his right knee injury, which he ...

Published 17 Sep, 2022 04:27am

‘Air Ambulance Service’ in Punjab: Spain may provide aeronautical technology

LAHORE: Spanish Ambassador Jose Antonio De Ory Peral met Chief Minister Punjab Chaudhry Parvez Elahi, former federal...

Published 17 Sep, 2022 04:27am

UVAS, Bio-Vet sign MoU

LAHORE: The Department of Poultry Production of the University of Veterinary and Animal Sciences (UVAS) Lahore and...

Published 17 Sep, 2022 04:27am

Flood relief efforts: Indonesian comes forward

KARACHI: The impact of the floods in Pakistan is still being felt since the floods hit in early July, and almost all...

Published 17 Sep, 2022 04:27am

Chehlum security: Govt decides to deploy troops

ISLAMABAD: The federal government has decided to deploy Pakistan army and civil armed forces in all the provinces,...

Published 17 Sep, 2022 04:27am

Industry

PIEDMC approves rehabilitation of Multan Industrial Estate-I

LAHORE: The 157th meeting of the Board of Directors of Punjab Industrial Estates Development and Management Company...

Published 17 Sep, 2022 04:27am

The Weather

KARACHI: The weather report on Friday (September 16, 2022) and the forecast for Saturday (September 17, 2022)...

Published 17 Sep, 2022 04:27am

Stocks

Last date of renunciation/payment

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

Published 17 Sep, 2022 04:27am

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 Sep, 2022 04:27am

Rates

Equities extend losses

KARACHI: Pakistan Stock Exchange on Friday remained under pressure due to selling on investor concerns over...

Published 17 Sep, 2022 04:27am

‘Imported govt’ has failed to arrest economic slide: Imran Khan

ISLAMABAD: The former prime minister and Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan Friday said the...

Updated 17 Sep, 2022 10:59am

Textile industry aims to achieve $21bn target in FY23

FAISALABAD: Textile export industry has entered into a sustainable economic growth phase with a focus to achieve $21...

Published 17 Sep, 2022 04:27am

Women entrepreneurs: FBR decides to set up special desk at Gwadar

ISLAMABAD: Chairman Federal Board of Revenue (FBR)/ Secretary Revenue Division Asim Ahmad Friday decided to set up...

Updated 17 Sep, 2022 11:05am

Deceased expats: Senate panel recommends payment of dues to heirs

ISLAMABAD: A parliamentary panel Friday recommended the authorities concerned to resolve the issue of outstanding...

Published 17 Sep, 2022 04:27am

Sukkur-Hyderabad motorway: CM, federal minister mulling executing project on PPP mode

HYDERABAD: Sindh Chief Minister Syed Murad Ali Shah and Federal Communication Minister Asad Mahmood along with their...

Updated 17 Sep, 2022 10:58am

Joint session now on Oct 20

ISLAMABAD: The joint session of Parliament will be held at Parliament House on 20 October 2022 at 4pm instead of 22...

Published 17 Sep, 2022 04:27am

Litigations against Ogra on the rise

ISLAMABAD: The number of court cases involving billions of rupees has increased by 240 cases against the Oil and Gas...

Updated 17 Sep, 2022 11:03am

Energy

Net metering: users concerned at Nepra’s move

LAHORE: The National Electric Power Regulatory Authority’s backward move to seek comments on a suggested change in...

Published 17 Sep, 2022 04:27am

Commodities

Gold prices fall sharply

KARACHI: Gold prices on Friday saw a sizeable dip on the local market, traders said. They declined by Rs850 to...

Published 17 Sep, 2022 04:27am

IoBM showcases films by young Pakistani, Indian filmmakers

KARACHI: Anastasia Kolivas, Public Diplomacy Officer, US Consulate General in Karachi graced her presence at the ...

Published 17 Sep, 2022 04:27am

Energy

Using local coal may help end power outages: Kazmi

LAHORE: More reliance on local resources is the only solution to prolonged and unannounced power outages across the...

Published 17 Sep, 2022 04:27am

Cotton & Textile

Cotton market: a firm trend

LAHORE: The local cotton market on Friday remained steady and the trading volume remained satisfactory. Cotton...

Updated 17 Sep, 2022 12:29pm

Field of art and design: President asks PIFD to approach eminent persons

ISLAMABAD: President Dr Arif Alvi has advised the management of the Pakistan Institute of Fashion Design (PIFD) to...

Published 17 Sep, 2022 04:27am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (September 16, 2022). ======================== Open Bid...

Published 17 Sep, 2022 04:27am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (September 16, 2022)....

Published 17 Sep, 2022 04:27am

Rates

Revised Rates of Debt Securities

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

Published 17 Sep, 2022 04:27am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 17 Sep, 2022 04:27am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (September 16, 2022). ==================================== BR...

Published 17 Sep, 2022 04:27am

Rates

BOARD MEETINGS

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

Published 17 Sep, 2022 04:27am

Rates

Proposed right issues

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

Published 17 Sep, 2022 04:27am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday (September 16, 2022). ======================== OFFER PRICE...

Published 17 Sep, 2022 04:27am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday (September 16, 2022). ======================== OFFER PRICE...

Published 17 Sep, 2022 04:27am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday (September 16, 2022). ======================== OFFER PRICE...

Published 17 Sep, 2022 04:27am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Friday (September 16, 2022). ======================== OFFER PRICE...

Published 17 Sep, 2022 04:27am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (September 16, 2022). ======================== OFFER PRICE ...

Published 17 Sep, 2022 04:27am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday (September 16, 2022). ======================== OFFER PRICE...

Published 17 Sep, 2022 04:27am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday (September 16, 2022). ======================== OFFER PRICE...

Published 17 Sep, 2022 04:27am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday (September 16, 2022). ======================== OFFER PRICE...

Published 17 Sep, 2022 04:27am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday (September 16, 2022). ======================== OFFER PRICE...

Published 17 Sep, 2022 04:27am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday (September 16, 2022). ======================== OFFER PRICE...

Published 17 Sep, 2022 04:27am

Rates

JLI TAKAFUL INCOME FUND

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

Published 17 Sep, 2022 04:27am

Rates

JLI TAKAFUL BALANCE FUND

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

Published 17 Sep, 2022 04:27am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

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

Published 17 Sep, 2022 04:27am

Rates

JLI MANAGED TAKAFUL FUND

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

Published 17 Sep, 2022 04:27am

Rates

JLI YAQEEN GROWTH FUND RATES

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

Published 17 Sep, 2022 04:27am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Friday (September 16, 2022). ======================== Offer Price 1,232.2372 ...

Published 17 Sep, 2022 04:27am

Rates

JLI Capital Growth Fund Rates

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

Published 17 Sep, 2022 04:27am

Rates

JLI Managed Growth Fund Rates

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

Published 17 Sep, 2022 04:27am

Climate-fuelled hunger more than doubles in worst-hit countries: report

WASHINGTON: From record droughts to catastrophic floods, the world’s worst climate hotspots are seeing a surge in...

Updated 17 Sep, 2022 09:58am

KPT has paid over Rs230m municipal tax: Wahab

KARACHI: Administrator Barrister Murtaza Wahab has said that Karachi Port Trust (KPT) Friday handed over an amount...

Updated 17 Sep, 2022 10:02am

Shehbaz, Xi discuss CPEC, regional situation

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday met Chinese President Xi Jinping wherein he appreciated the...

Updated 17 Sep, 2022 09:59am

Pakistan, Kazakhstan for early finalisation of bilateral TTA

SAMARKAND: Pakistan and Kazakhstan on Friday agreed for early finalization of bilateral Transit Trade Agreement and...

Updated 17 Sep, 2022 09:59am

PM urges SCO to make Pakistan-specific climate action plans

SAMARKAND: Prime Minister Shehbaz Sharif on Friday called upon the member states of Shanghai Cooperation ...

Updated 17 Sep, 2022 09:57am

SCO bloc agrees to expand trade in national currencies

SAMARKAND: The leaders of the Shanghai Cooperation Organisation (SCO) agreed on Friday to take steps to increase the...

Updated 17 Sep, 2022 10:00am

Xi, Putin look to challenge US-led order

Chinese leader Xi Jinping says it was time to reshape the international system and 'abandon zero-sum games and bloc politics'

Updated 17 Sep, 2022 10:05am

Allowing IPPs to buy fuel from ‘any OMC’ irks PSO

ISLAMABAD: Pakistan State Oil (PSO), the state-owned fuel supplier, is annoyed with Central Power Purchasing Agency-...

Updated 17 Sep, 2022 09:59am

RLNG power plants: sell-off process hits a snag

Legal issues related to proposed second extension of 90 days in validity period of bids of debt recapitalization and refinancing of Rs102bn prove to be hindrance

Updated 17 Sep, 2022 06:02pm

Jul 1-Sept 2 govt borrowing rises 21pc to Rs58bn YoY

KARACHI: The borrowing for budgetary support rose by 21 percent during a little over first two months of this fiscal...

Updated 17 Sep, 2022 09:57am

NA body informed: Multiple factors fuelling inflation

ISLAMABAD: Minister for Finance and Revenue Dr Aisha Ghaus Pasha has informed the National Assembly Standing...

Updated 17 Sep, 2022 10:58am

Post-flood challenges: Govt won’t opt for debt rescheduling or moratorium: MoEA

ISLAMABAD: Pakistan will not opt for debt rescheduling or moratorium to meet floods-related challenges as it is not...

Updated 17 Sep, 2022 12:23pm

SPI inflation down 0.19pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended September 15 for the...

Updated 17 Sep, 2022 11:03am

‘Torture’ on Gill: SC issues notice to govt, IO

ISLAMABAD: The Supreme Court, on Friday, issued notice to the federal government and the investigation officer in...

Updated 17 Sep, 2022 10:59am

India’s Adani briefly listed as world’s second-richest person

MUMBAI: Indian industrialist Gautam Adani briefly became the world’s second-richest person on the Forbes real-time...

Published 17 Sep, 2022 04:27am

‘Worsening situation’

EDITORIAL: The World Health Organisation (WHO) is right in warning that the situation in flood-hit areas is going to...

Published 17 Sep, 2022 04:27am

FATF: things must go our way this time

EDITORIAL: It’s ironic that a FATF (Financial Action Task Force) team was on a rather low-profile visit to ...

Published 17 Sep, 2022 04:27am

Taxes

Multiple audit notices to senior citizen: FTO directs FBR to revisit orders under IT Ord

ISLAMABAD: The Federal Tax Ombudsman (FTO) has taken notice of the harsh treatment of the Federal Board of Revenue...

Published 17 Sep, 2022 04:27am

Money & Banking

MMBL launches three microfinance initiatives

ISLAMABAD: VEON’s financial services arm in Pakistyan, Mobilink Microfinance Bank Limited launched three major...

Published 17 Sep, 2022 04:27am

Industry

SMEDA establishes energy desk

LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) has established an Energy Desk at its head...

Published 17 Sep, 2022 04:27am

Japanese business delegation due by Sept-end: top BoI official

LAHORE: The Federal Secretary, Board of Investment Asad Rehman Gillani has said that a high-powered 250 member ...

Updated 17 Sep, 2022 11:03am

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

Markets →

Calculate your monthly liability in FY24

Most Popular