News Archives for Print - 2022-10-16

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Print - 2022-10-16

Rates

Automart: car prices in Karachi

Rates in the week ended October 15, 2022

Published 16 Oct, 2022 03:53am

By-polls to 8 NA, 3 Punjab PA seats today

ECP postpones by-election on one NA vacant seat from Kurram tribal district NA-45 due to law and order situation

Updated 16 Oct, 2022 10:29am

India’s illegal actions in IIOJK: Bilawal again writes to UNSG, President UNSC

In his letter, the foreign minister regretted India’s continued denial of the right of self-determination to the people of IIOJK

Updated 16 Oct, 2022 11:05am

Swati’s physical remand extended for one day

ISLAMABAD: A local court, Saturday, extended the physical remand of the Pakistan Tehreek-e-Insaf (PTI) senator Azam...

Published 16 Oct, 2022 03:53am

Xi expected to be given third term on 23rd

BEIJING: President Xi Jinping is expected to be handed a historic third term in control of China on October 23, it...

Published 16 Oct, 2022 03:53am

SHO can’t refuse registration of FIR after getting complaint: LHC

LAHORE: The Lahore High Court (LHC) held that a station house officer (SHO) cannot embark upon an inquiry to examine...

Published 16 Oct, 2022 03:53am

PIA further cuts fare for flights to China

BEIJING: Pakistan International Airlines (PIA) has further cut down its fare in order to facilitate students and...

Published 16 Oct, 2022 03:53am

Biden knows nothing about Pakistan’s N-programme: Fawad

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Senior Vice President Fawad Chaudhry on Saturday rejected the statement of...

Published 16 Oct, 2022 03:53am

Arrest of Swati: Mazari writes letter to global HR bodies

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) senior leader and former HR minister Shireen Mazari has once again taken ...

Published 16 Oct, 2022 03:53am

Call to waive Pakistan’s debt for sake of flood-hit people

LAHORE: “Caused by the climate crisis, Pakistan’s devastating floods have left a third of the country under ...

Published 16 Oct, 2022 03:53am

Turkiye coal mine blast: PM expresses sadness at loss of lives

ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday expressed profound grief at the loss of precious lives in an...

Published 16 Oct, 2022 03:53am

Nawaz, Zardari discuss political issues

LONDON: Pakistan Muslim League-Nawaz (PML-N) Supremo Nawaz Sharif rang up Pakistan People Party (PPP) Co-Chairman...

Published 16 Oct, 2022 03:53am

MQM-P considers quitting ruling coalition

KARACHI: The Muttahida Qaumi Movement Pakistan (MQM-P) has started mulling to quit the ruling coalition following no...

Published 16 Oct, 2022 03:53am

PM condemns assassination of former BHC CJ

ISLAMABAD: Prime Minister Shehbaz Sharif strongly condemned the assassination of former Chief Justice of Balochistan...

Published 16 Oct, 2022 03:53am

Countrywide by-elections: Bilawal asks people to vote for his party

KARACHI: Pakistan People’s Party (PPP) chairman and Foreign Minister Bilawal Bhutto-Zardari has sought public...

Published 16 Oct, 2022 03:53am

Recoveries in 2020-21: AGP detects inadmissible cash awards to 202 Customs officials

ISLAMABAD: The Auditor General of Pakistan (AGP) has detected inadmissible payment of cash rewards to 202 Customs...

Published 16 Oct, 2022 03:53am

UK insider dealing probes dipped since Covid-19

British authorities have searched five homes and arrested eight people in connection with insider-dealing...

Published 16 Oct, 2022 03:53am

Calamities, debt crisis, growth: prospects — II

H istorical precedents show the many ways in which various sectors of the economy do this. As rising debt causes a...

Published 16 Oct, 2022 03:53am

All set for by-elections in KP today

PESHAWAR: All is set for the polling of by-elections on three National Assembly seats in Khyber Pakhtunkhwa on ...

Published 16 Oct, 2022 03:53am

Street crimes, vehicle theft on the rise in capital

ISLAMABAD: Street crimes and vehicle theft continued unabated in the federal Capital as armed persons snatched over...

Published 16 Oct, 2022 03:53am

Killing of former BHC CJ: CJP, PBC and SC judges offer condolences

ISLAMABAD: The Chief Justice of Pakistan (CJP), the judges of Supreme Court, and the Pakistan Bar Council (PBC)...

Published 16 Oct, 2022 03:53am

Temperature starts dropping in upcountry

KARACHI: Temperature has begun dropping in various parts of upcountry as Ziarat posted minus one Celsius on ...

Published 16 Oct, 2022 03:53am

Lawyers go on strike over Meskanzai’s murder

QUETTA: The lawyers in Quetta on Saturday observed strike across the province against the killing of Former...

Published 16 Oct, 2022 03:53am

Tarin calls for review of NFC award

KARACHI: Calling for restructuring of National Finance Commission (NFC) award, former finance minister Shaukat Tarin...

Published 16 Oct, 2022 03:53am

Drug recovery case against Rana: hearing adjourned till Nov 19

LAHORE: A special court (Control of Narcotics Substance) on Saturday adjourned till November 19 the hearing of a ...

Published 16 Oct, 2022 03:53am

The Weather

KARACHI: The weather report on Saturday (October 15, 2022) and the forecast for Sunday (October 16, 2022)....

Published 16 Oct, 2022 03:53am

Corruption reference about housing scheme: AC extends bail of Kamran Kayani, Nadeem Zia

LAHORE: An Accountability Court on Saturday extended interim pre-arrest bail of Kamran Kayani, a brother of former...

Published 16 Oct, 2022 03:53am

Chitral air crash could have been avoided, shows report

ISLAMABAD: The Chitral air crash in which 48 persons lost their lives, including Junaid Jamshed and his wife, could...

Published 16 Oct, 2022 03:53am

LUMHS holds symposium on child health

HYDERABAD: The department of paediatrics of Liaquat University of Medical and Health Sciences (LUMHS) arranged a...

Published 16 Oct, 2022 03:53am

Govt decides not to increase power tariff: Secy Power Division

ISLAMABAD: The Secretary of Power Division on Saturday said that keeping in view increasing electricity prices in...

Updated 16 Oct, 2022 10:17am

PPIB willing to revive 330MW SEL project

Project needs to achieve financial close urgently after obtaining the fullest support from GoP interfaces to shift the power off-take to KE from CPPA (G), sources say

Updated 16 Oct, 2022 10:13am

PM describes Imran Khan as a ‘liar’

ISLAMABAD: Prime Minister Shehbaz Sharif came down hard on the Chairman of Pakistan Tehreek-e-Insaf (PTI) Imran Khan...

Updated 16 Oct, 2022 03:21pm

Pakistan is a responsible nuclear state, tweets Nawaz

ISLAMABAD: Former prime minister and Pakistan Muslim League-Nawaz (PML-N) leader Nawaz Sharif has reacted to US...

Updated 16 Oct, 2022 10:18am

Biden’s remark failure of govt’s foreign policy: Imran Khan

ISLAMABAD: Former prime minister and Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan Saturday termed US President...

Updated 16 Oct, 2022 10:18am

Biden says Pakistan may be ‘one of the most dangerous nations in the world’

WASHINGTON: United States President Joe Biden said Pakistan may be “one of the most dangerous nations in the...

Updated 16 Oct, 2022 10:19am

US ambassador summoned over Biden N-remark

ISLAMABAD: Pakistan on Saturday summoned United States Ambassador Donald Blome and conveyed a strong demarche over...

Updated 16 Oct, 2022 03:21pm

BoE’s Bailey has ‘meeting of minds’ with Hunt on fixing UK crisis

WASHINGTON: Bank of England Governor Andrew Bailey said there was an “immediate meeting of minds” when he spoke...

Published 16 Oct, 2022 03:53am

Continued global support sought at US roundtable moot: PM to announce flood recovery plan on 24th

ISLAMABAD: Pakistan has emphasised the need for continued support from the international community, in the...

Updated 16 Oct, 2022 10:19am

Non-Paris Club: Pakistan seeks rescheduling of $27bn debt: Dar

ISLAMABAD: Federal Minister for Finance and Revenue Mohammad Ishaq Dar said that Pakistan would seek rescheduling of...

Updated 16 Oct, 2022 10:16am

Customs value on Iranian raisins revised

ISLAMABAD: The Directorate of Customs Valuation, Quetta has revised the customs value on the import of raisins from...

Updated 16 Oct, 2022 10:20am

5G launch: 8 to 10 months would be required after govt policy directive

ISLAMABAD: The government would require approximately eight to 10 months after issuance of the policy directive to...

Published 16 Oct, 2022 03:53am

KE seeks negative adjustment in its Sept tariff

ISLAMABAD: K-Electric (KE) has sought negative adjustment of Rs 4.6/ kWh in its tariff for September 2022 to refund...

Published 16 Oct, 2022 03:53am

GST refund bonds: AGP asks FBR why ‘RSCL’ not made operational

ISLAMABAD: The Auditor General of Pakistan (AGP) has asked the Federal Board of Revenue (FBR) to explain why the FBR...

Updated 16 Oct, 2022 10:22am

Taxes

Exempted power supplies to Pata: FBR fails to add proper column to ST returns

LAHORE: The Federal Board of Revenue (FBR) has failed to add a column to the sales tax returns to entertain exempted...

Published 16 Oct, 2022 03:53am

Economic stability needed for int’l recognition: governor

BAHAWALPUR: Governor Punjab Engr. Muhammad Baligh-ur-Rahman Saturday said that economic stability was necessary to...

Published 16 Oct, 2022 03:53am

China’s economy slows as Xi plans for historic third term

As China’s leaders gather for a crucial party congress, the country is expected on Tuesday to announce some of its...

Published 16 Oct, 2022 03:53am

Attack on a school van

EDITORIAL: In Chaarbagh tehsil of Swat unidentified motorcycle riders opened fire on a school van. The driver was...

Published 16 Oct, 2022 03:53am

Exit Dogar

EDITORIAL: Former Punjab home minister Hashim Dogar literally asked for the axe when he told a press conference that...

Published 16 Oct, 2022 03:53am

‘Dangerous new normal’

EDITORIAL: IMF (International Monetary Fund) chief Kristalina Georgieva’s warning about a “dangerous new...

Published 16 Oct, 2022 03:53am

Commodities

Gold prices inch up

KARACHI: Gold prices on Saturday closed nearly unchanged on the local market, traders said. They inched up by Rs50 ...

Published 16 Oct, 2022 03:53am

LCCI sets up counter to facilitate exporters

LAHORE: Lahore Chamber of Commerce & Industry (LCCI) has established “Export Counter” at LCCI in order to...

Published 16 Oct, 2022 03:53am

Energy

Electricity price reduced by Rs4.25: minister

ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb on Saturday said electricity price had been...

Published 16 Oct, 2022 03:53am

Energy

PL rates adjusted: POL products’ prices kept unchanged

ISLAMABAD: The federal government Saturday announced that the prices of petroleum products will be maintained at the...

Published 16 Oct, 2022 03:53am

Commodities

CBOT corn

CHICAGO: Chicago Board of Trade corn futures fell on Friday on rising supplies from the ongoing US harvest and...

Published 16 Oct, 2022 03:53am

Commodities

Gold heads for worst week in two months

NEW YORK: Gold prices fell more than 1% on Friday and were headed for their worst week since mid-August, dragged...

Published 16 Oct, 2022 03:53am

Energy

Oil prices down on recession worries

NEW YORK: Oil prices plummeted more than 3% on Friday as global recession fears and weak oil demand, especially in...

Published 16 Oct, 2022 03:53am

Commodities

Wheat falls on firm dollar

CHICAGO: US wheat futures fell on Friday, surrendering all the prior session’s gains on a stronger dollar and ...

Published 16 Oct, 2022 03:53am

Commodities

Japanese rubber futures rise

SINGAPORE: Japanese rubber futures rose on Friday, tracking domestic equities higher, although prices have dropped...

Published 16 Oct, 2022 03:53am

Commodities

Aluminium falters on weak fundamentals

LONDON: Aluminium prices fell on Friday as rising inventories pointed to ample supply, reversing some of the gains...

Published 16 Oct, 2022 03:53am

Commodities

Dalian iron ore lower

MANILA: Dalian iron ore was on track for its first weekly loss, after advancing for four straight weeks, dragged ...

Published 16 Oct, 2022 03:53am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday (October 15, 2022)....

Published 16 Oct, 2022 03:53am

Cotton & Textile

Subdued business on cotton market

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

Published 16 Oct, 2022 03:53am

Taxes

FBR issues list of POS prize winners

ISLAMABAD: The Federal Board of Revenue (FBR) has held the 10th computerised ballot for its flagship initiative, the...

Published 16 Oct, 2022 03:53am

Mixed trend in prices of kitchen items seen

ISLAMABAD: The prices of essential kitchen items witnessed a mixed trend during this week past against the previous...

Published 16 Oct, 2022 03:53am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 13	278.15
USD PKR Interbank Buying / Dec 13	277.95
USD to Japanese Yen / Dec 13	153.65
USD to Swiss Franc / Dec 13	0.89
Pound Sterling to USD / Dec 13	1.26
Euro to USD / Dec 13	1.05

Stock	Volume
S&P 500 / Dec 13	6,051.09
India Sensex / Dec 13	82,133.12
Tokyo Nikkei / Dec 13	39,470.44
Nasdaq / Dec 13	19,926.72
Hang Seng / Dec 13	19,971.24
FTSE 100 / Dec 13	8,300.33
Dow Jones / Dec 13	44,828.06
Germany DAX 30 / Dec 13	20,405.92

Item	Value
Crude Oil USD/Barrel / Dec 13	71.29
Karachi Cotton PKR/37.32 KG / Dec 13	17,585
Gold 10 Grams PKR / Dec 13	242,373.80
Gold Spot USD/Ounce / Dec 13	2,648.23
Cotton US¢/pound / Dec 13	69.27
Petrol/Litre / Dec 14	252.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 13 786 Investments Limited(786)	8.07 ▲ 1.00 (14.14%)
F.Credit & Inv / Dec 13 First Credit and Investment Bank Limited(FCIBL)	8.69 ▲ 1.00 (13.00%)
LSE Financial Serv. / Dec 13 LSE Financial Services Limited(LSEFSL)	15.14 ▲ 1.38 (10.03%)
United Brands / Dec 13 United Brands Limited(UBDL)	24.84 ▲ 2.26 (10.01%)
Arpak Int. / Dec 13 Arpak International Investments Ltd.(ARPAK)	76.32 ▲ 6.94 (10.00%)
Biafo Ind. / Dec 13 Biafo Industries Limited(BIFO)	190.43 ▲ 17.31 (10.00%)
Data Agro / Dec 13 Data Agro Limited(DAAG)	104.61 ▲ 9.51 (10.00%)
Fecto Cement / Dec 13 Fecto Cement Limited(FECTC)	120.47 ▲ 10.95 (10.00%)
Honda Atlas Cars / Dec 13 Honda Atlas Cars (Pakistan) Limited(HCAR)	336.11 ▲ 30.56 (10.00%)

Stock	Price
First Capital Equities / Dec 13 First Capital Equities Limited(FCEL)	5 ▼ -0.76 (-13.19%)
Blue-Ex Ltd / Dec 13 Blue-Ex Limited (GEM)(GEMBLUEX)	32.99 ▼ -3.66 (-9.99%)
Crescent Fib. / Dec 13 Crescent Fibres Limited(CFL)	39.60 ▼ -4.37 (-9.94%)
Mughal Energy / Dec 13 Mughal Energy Limited(GEM)(GEMMEL)	21 ▼ -1.65 (-7.28%)
Askari Bank / Dec 13 Askari Bank Limited(AKBL)	37.56 ▼ -2.93 (-7.24%)
First AL-Noor Mod. / Dec 13 First Al-Noor Modaraba(FANM)	3.25 ▼ -0.24 (-6.88%)
First Elite Cap.Mod / Dec 13 First Elite Capital Modaraba(FECM)	6.45 ▼ -0.45 (-6.52%)
Haseeb Waqas / Dec 13 Haseeb Waqas Sugar Mills Limited(HWQS)	12.01 ▼ -0.83 (-6.46%)
K.S.B.Pumps / Dec 13 KSB Pumps Company Limited(KSBP)	151 ▼ -9.98 (-6.20%)

Stock	Volume
WorldCall Telecom / Dec 13 Worldcall Telecom Limited(WTL)	232,925,553 ▼ -0.01
Cnergyico PK / Dec 13 Cnergyico PK Limited(CNERGY)	80,186,381 ▼ -0.14
Pak Int.Bulk / Dec 13 Pakistan International Bulk Terminal(PIBTL)	75,005,438 ▲ 0.61
K-Electric Ltd. / Dec 13 K-Electric Limited(KEL)	59,689,845 ▲ 0.06
Fauji Foods Ltd / Dec 13 Fauji Foods Limited(FFL)	49,273,861 ▼ -0.03
Treet Corp / Dec 13 Treet Corporation Limited(TREET)	47,769,775 ▲ 2.23
Lotte Chemical / Dec 13 Lotte Chemical Pakistan Limited(LOTCHEM)	45,989,291 ▼ -1.12
Sui South Gas / Dec 13 Sui Southern Gas Company Limited(SSGC)	38,442,527 ▼ -1.06
Power Cement / Dec 13 Power Cement Limited(POWER)	37,680,570 ▲ 0.57

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