News Archives for Print - 2023-02-16

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Print - 2023-02-16

Climate change losses: PM stresses collaboration with IAEA

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday stressed greater collaboration with International Atomic ...

Published 16 Feb, 2023 07:29am

Due to effects of climate change: Country to be among worst-hit states by 2030, says Sherry

KARACHI: Federal Minister for Climate Change Sherry Rehman has warned that Pakistan is going to be one of the...

Published 16 Feb, 2023 07:24am

Companies

NBP, SLIC ink accord for financial, insurance solutions

KARACHI: State Life Insurance Corporation of Pakistan (SLIC) and National Bank of Pakistan (NBP) signed a Memorandum...

Published 16 Feb, 2023 07:22am

Industry

Ending RCET will be ‘disastrous’ for economy, say textile exporters

KARACHI: Textile makers-cum-exporters on Wednesday warned the federal coalition government of a ‘disastrous’...

Published 16 Feb, 2023 07:19am

Maryam hopes youths will help overcome challenges

LAHORE: Pakistan Muslim League-Nawaz (PML-N) Chief Organiser Maryam Nawaz said on Wednesday that the country’s ...

Published 16 Feb, 2023 07:16am

Senior official of food department suspended

LAHORE: Secretary Food Punjab Muhammad Zaman Wattoo has suspended the Deputy Director Food Punjab Anjum Sardar from...

Published 16 Feb, 2023 07:14am

Commodities

Gold prices continue to decline

KARACHI: Gold prices on Wednesday continued to slump on the local market, traders said. They nosedived by Rs3700 to...

Published 16 Feb, 2023 07:11am

CM, federal minister agree to resolve issues of K-IV, RBOD amicably

KARACHI: Sindh Chief Minister Syed Murad Ali Shah and Federal Minister for Water Syed Khursheed Shah in their high...

Published 16 Feb, 2023 07:09am

PTI ‘dissidents’ blast govt over money bill

ISLAMABAD: The dissidents of Pakistan Tehreek-e-Insaf (PTI) – who often blamed the then prime minister Imran Khan...

Published 16 Feb, 2023 07:07am

Stocks

S&P 500, Dow slip after retail sales data; megacaps lift Nasdaq

NEW YORK: The S&P 500 and the Dow fell on Wednesday after stronger-than-expected retail sales data offered more...

Published 16 Feb, 2023 07:03am

Stocks

Indian shares rise as beaten-down IT stocks recover

BENGALURU: Indian shares overcame a lacklustre start to close higher on Wednesday, with the benchmark Nifty...

Published 16 Feb, 2023 07:01am

Cash-strapped Egypt sells state assets to Gulf nations

Egypt, sapped dry of dollars despite a $3 billion International Monetary Fund bailout loan, is seeking to boost its...

Published 16 Feb, 2023 06:53am

Letters

An ‘absolutely clueless’ govt

Interior minister Rana Sanaullah has been quoted by media as saying that the Federal Investigation Agency (FIA) has...

Published 16 Feb, 2023 06:48am

CPJ urges Indian authorities to stop harassing journalists

NEW DELHI: The Committee to Protect Journalists called on Indian authorities to stop harassing journalists on ...

Published 16 Feb, 2023 06:08am

Post-harvest losses can be slashed thru better storage techniques: expert

LAHORE: Though Pakistan has shown progress and increase in production of almost all the crops in last ten years yet...

Published 16 Feb, 2023 06:08am

NAB summons Buzdar with property, income details

LAHORE: National Accountability Bureau (NAB) Lahore has summoned the former Punjab chief minister Sardar Usman ...

Published 16 Feb, 2023 06:08am

ECP behaving like a political party: PTI

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Secretary General Asad Umar has claimed that the Election Commission of...

Published 16 Feb, 2023 06:08am

World oil demand to hit record as China reopens: IEA

PARIS: World oil demand is set to hit a record in 2023 as top consumer China emerges from Covid restrictions and air...

Published 16 Feb, 2023 06:08am

BBC says India’s probing its tax structure

NEW DELHI: India is looking into the BBC’s tax structure, the British news organisation said in an internal memo ...

Published 16 Feb, 2023 06:08am

Why ECP not holding polls in Punjab, asks CJ

ISLAMABAD: Chief Justice Umar Ata Bandial, on Wednesday, questioned why the Election Commission of Pakistan (ECP) is...

Published 16 Feb, 2023 06:08am

Persons scandalizing judiciary, armed forces: Body formed to finalise Criminal Laws Amendment Bill, 2023

ISLAMABAD: The Federal Cabinet has constituted a ministerial committee comprising its key allies to finalise ...

Published 16 Feb, 2023 06:08am

IK says ‘mini-budget’ to fuel inflation

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan Tuesday warned that after the passage of...

Updated 16 Feb, 2023 06:31am

IAEA DG inaugurates ‘Cyberknife’ facility at PAEC hospital

ISLAMABAD: The International Atomic Energy Agency (IAEA) Director General, Rafael Mariano Grossi, has reiterated the...

Published 16 Feb, 2023 06:08am

ATC rejects Imran’s bail application

ISLAMABAD: A special court on Wednesday deferred its verdict on interim bail to Pakistan Tehreek-e-Insaf (PTI)...

Updated 16 Feb, 2023 07:07pm

PARTLY FACETIOUS: Khan confusing his listeners?

“So who is the baddie?” “Where are we? In kindergarten? Baddie indeed!” “Well I just want to know who is...

Updated 16 Feb, 2023 06:38am

Exhibition of Japanese calendars begins

KARACHI: The opening ceremony for the ‘Japanese Calendar Exhibition 2023’ was held on Wednesday, at the Japan...

Published 16 Feb, 2023 06:08am

Australia doubles aid for flood-hit communities

ISLAMABAD: Australia will double its support to the Pakistan flood response by providing an additional A$5 million ...

Published 16 Feb, 2023 06:08am

PCB to observe Childhood Cancer Awareness Day today

LAHORE: Keeping up with its tradition of using the reach and popularity of the HBL-Pakistan Super League, to create ...

Published 16 Feb, 2023 06:08am

Stocks

China stocks fall on US inflation data, geopolitical concerns

SHANGHAI: China stocks fell on Wednesday, tracking other Asian markets lower after US inflation data came in higher...

Published 16 Feb, 2023 06:08am

Better late than never, or just too late?

Too bad Finance Minister Ishaq Dar didn’t get to give Moody’s a “befitting reply” for downgrading...

Published 16 Feb, 2023 06:08am

The challenge of SOEs — II

The SOEs (State-Owned Enterprises) are generally being run at the whim of a chosen few, who are beholden to no ...

Published 16 Feb, 2023 06:08am

Telenor Pakistan celebrates ‘Safer Internet Day’

ISLAMABAD: Telenor Pakistan celebrated “Safer Internet Day” aimed at highlighting the importance of online ...

Published 16 Feb, 2023 06:08am

Senate body informed: PNSC plans to buy more LNG carriers

ISLAMABAD: Pakistan National Shipping Corporation (PNSC) plans to buy more LNG carriers keeping in view Pakistan's...

Published 16 Feb, 2023 06:08am

Functionaries of Pakistan, Norway discuss investment, other issues

ISLAMABAD: Norway’s Deputy Foreign Minister Erling Rimestadon on Wednesday held a meeting with Foreign Secretary ...

Published 16 Feb, 2023 06:08am

Medical, dental colleges: NA body asks ministry, PMDC to ‘rationalise’ fees

ISLAMABAD: The National Assembly Standing Committee on National Health Services and Regulations has directed the...

Published 16 Feb, 2023 06:08am

Massive tax hike proposed for cigarette cos to benefit illicit firms: PMPL

KARACHI: The unprecedented tax hike proposed for tax-paying tobacco companies would effectively favour the illicit...

Published 16 Feb, 2023 06:08am

Marri visits embassies of Turkiye, Syria

ISLAMABAD: Federal Minister for Poverty Alleviation and Social Safety and Chairperson of the Benazir Income Support...

Published 16 Feb, 2023 06:08am

LHC asks ECP to submit ‘progress report’ on Punjab polls

LAHORE: The Lahore High Court on Wednesday sought a progress report from the Election Commission of Pakistan (ECP) ...

Published 16 Feb, 2023 06:08am

JI chief vows to bring masses out against mini-budget

LAHORE: Chief of Jamaat-e-Islami (JI) Sirajul Haq has categorically rejected the mini-budget, saying his party would...

Published 16 Feb, 2023 06:08am

JI Karachi announces 'Complete LG polls'

KARACHI: Jamaat-e-Islami (JI) Karachi Ameer Engr Hafiz Naeemur Rehman has announced a campaign entitled 'Complete LG...

Published 16 Feb, 2023 06:08am

Efforts underway for betterment in health sector: minister

LAHORE: The caretaker Punjab government is keen on bringing about improvements in the health sector and all ...

Published 16 Feb, 2023 06:08am

IHC bars banking court from taking decision on Imran’s bail

ISLAMABAD: The Islamabad High Court (IHC) on Wednesday barred the Banking Court to decide on the interim bail of...

Published 16 Feb, 2023 06:08am

Horse, cattle show to be held in Lahore from March 10

LAHORE: The National Horse and Cattle Show will be held in Lahore from March 10 to 12 and in this regard the chief...

Published 16 Feb, 2023 06:08am

Hamdard Naunehal Assembly: Role of teachers in ethical upbringing of students highlighted

KARACHI: A monthly meeting of Hamdard Naunehal Assembly, featuring national songs, speeches and Dua-i-Said, was held...

Updated 16 Feb, 2023 07:37am

Nankana Sahib lynching caseL CM gets inquiry report, removes DPO

LAHORE: Caretaker Chief Minister of Punjab Mohsin Naqvi has received the inquiry report of the tragic incident that...

Published 16 Feb, 2023 06:08am

10,000 female students enrolled on SU courses, says VC

HYDERABAD: The first two-day international conference titled “Women Entrepreneurship: Challenges and...

Published 16 Feb, 2023 06:08am

The Weather

KARACHI: The weather report on Wednesday (February 15, 2023) and the forecast for Thursday (February 16, 2023)...

Published 16 Feb, 2023 06:08am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 16 Feb, 2023 06:08am

Stocks

Last date of renunciation/payment

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

Published 16 Feb, 2023 06:08am

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 16 Feb, 2023 06:08am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Wednesday (February 15, 2023). ======================== Offer Price 1,275.4765...

Published 16 Feb, 2023 06:08am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (February 15, 2023). ...

Published 16 Feb, 2023 06:08am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (February 15, 2023). ...

Published 16 Feb, 2023 06:08am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Wednesday (February 15, 2023). ========================== ...

Published 16 Feb, 2023 06:08am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Wednesday (February 15, 2023)....

Published 16 Feb, 2023 06:08am

Rates

Stocks snap losing streak

KARACHI: Pakistan Stock Exchange Wednesday remained under pressure for most part of the session, however fresh ...

Published 16 Feb, 2023 06:08am

Energy

Provision of power to villages govt’s top priority: Fesco chief

FAISALABAD: Electrification of new villages and town and elimination of electricity related issues are among the top...

Published 16 Feb, 2023 06:08am

Energy

Gasoil refining margins rise on weaker crude prices

SINGAPORE: Asia’s 10 ppm sulphur gasoil margins rose on Wednesday on weaker crude prices even as US and Middle ...

Published 16 Feb, 2023 06:08am

Energy

US natgas futures slide on forecasts for less demand

NEW YORK: US natural gas futures slid about 2% on Wednesday on forecasts for lower demand than previously expected...

Published 16 Feb, 2023 06:08am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 115,322 tonnes of cargo comprising 90,119 tonnes of import cargo and 25,203...

Published 16 Feb, 2023 06:08am

Grains

French wheat export outlook cut, stocks forecast raised

PARIS: Farm office FranceAgriMer on Wednesday lowered its outlook for French soft wheat exports this season, leading...

Published 16 Feb, 2023 06:08am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday (February 15, 2023)....

Published 16 Feb, 2023 06:08am

Cotton & Textile

Cotton spot rate down by Rs800 per maund

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Wednesday decreased the spot rate by Rs...

Published 16 Feb, 2023 06:08am

Energy

Oil drops on inventory jump but demand outlook limits losses

NEW YORK: Oil prices dropped for a second day on Wednesday on signs of ample US supplies and expectations of further...

Published 16 Feb, 2023 06:08am

Energy

CCP welcomes Nepra’s decision on net metering rules

ISLAMABAD: The Competition Commission of Pakistan (CCP) has welcomed the decision of the National Electric Power...

Published 16 Feb, 2023 06:08am

Rates

LME official prices

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

Published 16 Feb, 2023 06:08am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (February 15, 2023)...

Published 16 Feb, 2023 06:08am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Wednesday (February 15, 2023). =======================================...

Published 16 Feb, 2023 06:08am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (February 15, 2023)....

Published 16 Feb, 2023 06:08am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (February 15, 2023). ======================== Open ...

Published 16 Feb, 2023 06:08am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (February 15, 2023)....

Published 16 Feb, 2023 06:08am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Wednesday (February 15, 2023)....

Published 16 Feb, 2023 06:08am

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 16 Feb, 2023 06:08am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Wednesday (February 15, 2023)....

Published 16 Feb, 2023 06:08am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (February 15, 2023). ====================================...

Published 16 Feb, 2023 06:08am

Rates

BOARD MEETINGS

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

Published 16 Feb, 2023 06:08am

Rates

Board meetings in progress

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

Published 16 Feb, 2023 06:08am

Rates

Dividend/Bonus Announcements

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

Published 16 Feb, 2023 06:08am

Rates

Proposed right issues

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

Published 16 Feb, 2023 06:08am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Wednesday (February 15, 2023). ======================== OFFER ...

Published 16 Feb, 2023 06:08am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Wednesday (February 15, 2023). ======================== OFFER PRICE...

Published 16 Feb, 2023 06:08am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Wednesday (February 15, 2023). ======================== OFFER PRICE...

Published 16 Feb, 2023 06:08am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Wednesday (February 15, 2023). ======================== OFFER PRICE...

Published 16 Feb, 2023 06:08am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Wednesday (February 15, 2023). ======================== OFFER PRICE...

Published 16 Feb, 2023 06:08am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Wednesday (February 15, 2023). ======================== OFFER PRICE...

Published 16 Feb, 2023 06:08am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Wednesday (February 15, 2023). ======================== OFFER PRICE...

Published 16 Feb, 2023 06:08am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Wednesday (February 15, 2023). ======================== OFFER PRICE...

Published 16 Feb, 2023 06:08am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Wednesday (February 15, 2023). ======================== OFFER PRICE...

Published 16 Feb, 2023 06:08am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Wednesday (February 15, 2023). ======================== OFFER PRICE...

Published 16 Feb, 2023 06:08am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Wednesday (February 15, 2023). ======================== Offer Price...

Published 16 Feb, 2023 06:08am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Wednesday (February 15, 2023). ======================== Offer Price...

Published 16 Feb, 2023 06:08am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Wednesday (February 15, 2023). ======================== Offer...

Published 16 Feb, 2023 06:08am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Wednesday (February 15, 2023). ======================== Offer Price...

Published 16 Feb, 2023 06:08am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Wednesday (February 15, 2023). ======================== Offer Price...

Published 16 Feb, 2023 06:08am

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 16 Feb, 2023 06:08am

Forex

Open market rates of foreign currencies

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

Published 16 Feb, 2023 06:08am

Dar presents Rs170bn tax measures

Blames previous government and last year’s devastating floods for the current economic situation

Updated 16 Feb, 2023 09:00am

Govt has dropped proposals to raise FED on imported and locally-manufactured cars and energy drinks

Updated 16 Feb, 2023 10:48am

Previous Day

Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value
Petrol/Litre / Jan 1	259.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 8 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 8 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 8 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 8 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 8 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 8 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 8 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 8 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 8 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 8 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 8 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 8 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 8 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 8 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 8 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 8 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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