News Archives for Print - 2023-02-19

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Print - 2023-02-19

No consultation possible on elections, ECP tells President Alvi

The Election Commission of Pakistan (ECP) on Sunday responded to President Dr Arif Alvi’s letter, saying no...

Published 19 Feb, 2023 05:18pm

HBL PSL-8 to continue as planned: PCB

LAHORE: The Pakistan Cricket Board (PCB) Saturday vowed to continue the ongoing eighth edition of the Pakistan Super...

Published 19 Feb, 2023 03:19am

Five-day conference of Pakistan Society of Gastroenterology from 22nd

LAHORE: The five-day 39th International Conference of Pakistan Society of Gastroenterology will get underway in...

Published 19 Feb, 2023 03:19am

Fundraising event for quake victims: Pakistanis ready to assist people of Turkiye, Syria, says HC in Canada

ISLAMABAD: Pakistan High Commissioner to Canada Zaheer A. Janjua on Saturday said that the people of Pakistan stood...

Published 19 Feb, 2023 03:19am

Surge in incidents of snatching reported in capital

ISLAMABAD: The federal capital has witnessed a drastic surge in incidents of snatching at gunpoint during the last...

Published 19 Feb, 2023 03:19am

Minister flays Sethi for TTP remarks

ISLAMABAD: Defence Minister Khawaja Asif Saturday censured Pakistan Cricket Board (PCB) chairman Najam Sethi for his...

Published 19 Feb, 2023 03:19am

Industry

Agriculture sector government’s top priority, says minister

FAISALABAD: Federal Minister for Planning Development, and Special Initiatives Ahsan Iqbal on Saturday said that the...

Published 19 Feb, 2023 03:19am

Health levy on tobacco products: Govt urged to take sustainable revenue measures

ISLAMABAD: Health experts and non-governmental organizations on Friday urged upon the government to take sustainable...

Published 19 Feb, 2023 03:19am

KATI condemns terrorist attack

KARACHI: Korangi Association of Trade and Industry (KATI) President Faraz-ur-Rehman strongly condemned the terrorist...

Published 19 Feb, 2023 03:19am

Pakistan to send 171,000 tents to quake-hit Turkiye: PM

LAHORE: Prime Minister Shehbaz Sharif on Saturday said Pakistan would send 171,000 tents for the earthquake ...

Published 19 Feb, 2023 03:19am

Visit to FCCI: Pakistan should make efforts to realise full potential under GSP Plus scheme: EU official

FAISALABAD: Pakistan must exploit the untapped economic potential of the EU available under the GSP Plus scheme to...

Published 19 Feb, 2023 03:19am

Commodities

CBOT soyabean futures firm ahead of long weekend

CHICAGO: Chicago Board of Trade soybean futures inched higher on Friday on light positioning ahead of a three-day US...

Published 19 Feb, 2023 03:19am

Commodities

Canola futures rise

CHICAGO: ICE canola futures rose on Friday on a round of short-covering by commodity funds ahead of a three-day...

Published 19 Feb, 2023 03:19am

Commodities

Japanese rubber futures inch up

SINGAPORE: Japanese rubber futures inched higher on Friday, supported by a weaker yen, but were set for a third...

Published 19 Feb, 2023 03:19am

Commodities

China’s coal prices fall to one-year low

SINGAPORE: China’s thermal coal prices hit their lowest levels in a year this week on rising inventories as...

Published 19 Feb, 2023 03:19am

Energy

US natgas slides on forecasts for less heating demand

NEW YORK: US natural gas futures slid about 2% to a fresh 25-month low on Friday on forecasts for less cold weather...

Published 19 Feb, 2023 03:19am

Commodities

Iron ore higher on China demand hopes

MANILA: Iron ore futures crept higher on Friday, stretching their gains for the week, as hopes grew that top buyer...

Published 19 Feb, 2023 03:19am

The Weather

KARACHI: The weather report on Saturday (February 18, 2023) and the forecast for Sunday (February 19, 2023)....

Published 19 Feb, 2023 03:19am

NAB country’s most corrupt institution: former PM

KARACHI: Pakistan Muslim League-Nawaz (PML-N) senior leader Shahid Khaqan Abbasi said on Saturday the National...

Published 19 Feb, 2023 03:19am

Europe

IMF, Ukraine reach deal paving way to full-fledged loan

WASHINGTON: The IMF said Friday it has reached a staff-level agreement with Ukrainian authorities that opens doors ...

Published 19 Feb, 2023 03:19am

US sees ‘historic’ chance for peace in Nagorno-Karabakh

MUNICH, (Germany): US Secretary of State Antony Blinken on Saturday called on Armenia and Azerbaijan to seize a...

Published 19 Feb, 2023 03:19am

G7 condemns ballistic missile launch

BERLIN: The Group of Seven foreign ministers on Saturday condemned “in the strongest terms” North Korea’s...

Published 19 Feb, 2023 03:19am

North Korea fires ICBM missile that lands in Japan’s EEZ

SEOUL: North Korea fired an intercontinental ballistic missile Saturday which landed in Japan’s exclusive economic...

Published 19 Feb, 2023 03:19am

South Asia

India lashes out at critics after BBC raids

SYDNEY: India’s foreign minister on Saturday hit out at “scaremongering” critics who claim the country’s...

Published 19 Feb, 2023 03:19am

Europe

Russian assets worth around $5.7bn sanctioned in Germany

BERLIN: Russian assets worth around 5.32 billion euros ($5.69 billion) have been sanctioned in Germany over the...

Published 19 Feb, 2023 03:19am

Burden on national exchequer: Govt advised to sell loss-making SOEs to businessmen

ISLAMABAD: Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) has said that the...

Published 19 Feb, 2023 03:19am

Govt determined to bring economic stability, says governor

LAHORE: Governor Punjab Muhammad Balighur Rehman said that the government was committed to bring economic stability...

Published 19 Feb, 2023 03:19am

Hot, dry weather likely in southern parts

KARACHI: The “unusual” hot and dry weather are likely to persist in southern parts of the country for two more...

Published 19 Feb, 2023 03:19am

Sherry condemns Karachi attack

ISLAMABAD: Federal Minister for Climate Change, Senator Sherry Rehman on Saturday strongly condemned the terrorist...

Published 19 Feb, 2023 03:19am

Zardari allegations case: Court fixes March 2 for Rashid’s indictment

ISLAMABAD: A local court Saturday fixed March 2 for indictment of Awami Muslim League (AML) Chief Sheikh Rashid in a...

Published 19 Feb, 2023 03:19am

FIA summons Ijaz ul Haq on 21st

ISLAMABAD: The Federal Investigation Agency (FIA) has summoned former minister and Pakistan Muslim League (PML)...

Published 19 Feb, 2023 03:19am

Woman arrested in Quetta, suicide jacket seized: CTD

QUETTA: The Counter-Terrorism Department (CTD) on Saturday claimed to have averted a major terrorist attack in...

Published 19 Feb, 2023 03:19am

Sindh governor, Punjab CM seek promotion of inter-provincial harmony

LAHORE: Governor Sindh Muhammad Kamran Khan Tessori met with the Caretaker Chief Minister Punjab Mohsin Naqvi at CM...

Published 19 Feb, 2023 03:19am

Alvi says all stakeholders should mount joint efforts to ease economic crisis

HYDERABAD: President Dr Arif Alvi has said the implementation of the Constitution was the solution to all problems...

Published 19 Feb, 2023 03:19am

PD’s help sought for settlement of PPL receivables of Rs132.11bn against Genco-II

ISLAMABAD: Directorate General of Gas of the Petroleum Division (PD) has sought help from the division for the...

Updated 19 Feb, 2023 02:49pm

Automart: car prices in Karachi

Rates in the week ended Saturday February 18, 2023

Published 19 Feb, 2023 03:19am

US sanctions authority probes Raiffeisen on Russia

The United States’ sanctions authority has launched an inquiry into Raiffeisen Bank International over its ...

Published 19 Feb, 2023 03:19am

LHC rejects PEEDA Act; reinstates BoP employee

LAHORE: The Lahore High Court held that the Punjab Employees Efficiency, Discipline and Accountability (PEEDA) Act,...

Published 19 Feb, 2023 03:19am

MNA Shaghufta Jumani inaugurates Pink People’s Bus Service in Hyderabad

HYDERABAD: With the efforts of the Sindh Minister for Information, Transport and Mass Transit Sharjeel Inam Memon, a...

Published 19 Feb, 2023 03:19am

Serious allegations against judiciary: Umar wants court to summon Maryam, other ministers

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Secretary General Asad Umar has said that the court should summon Pakistan...

Published 19 Feb, 2023 03:19am

Discos, Wapda employees not eligible for assistance package

LAHORE: Employees of power distribution companies (Discos) and Water and Power Development Authority (Wapda) are not...

Published 19 Feb, 2023 03:19am

National harmony needed to uproot terrorism, says minister

ISLAMABAD: Defense Minister Khawaja Muhammad Asif on Saturday said national harmony was needed to uproot the monster...

Published 19 Feb, 2023 03:19am

Commodities

Sharp increase in gold prices

KARACHI: Gold prices on Saturday posted a big hike on the local market, traders said. They soared by Rs2800 to...

Published 19 Feb, 2023 03:19am

Energy

OMAP requests Ogra to provide equal opportunities to small companies

LAHORE: Oil Marketing Association of Pakistan on Saturday requested the Oil and Gas Regulatory Authority to provide...

Published 19 Feb, 2023 03:19am

China’s zero-Covid structures take on second lives

With China’s dropping of its “zero-Covid” policy, makeshift quarantine centres and testing booths are being...

Published 19 Feb, 2023 03:19am

Body tasked to achieve budgeted GIDC target

Out of the total outstanding amount on account of GIDC, Rs 16 billion amount is outstanding against state-owned OGDCL, PPL due to circular debt.

Updated 19 Feb, 2023 07:28pm

Democratisation of energy

“Democracy is an impossible thing until the power is shared by all,” Gandhi said this, and it supports the...

Published 19 Feb, 2023 03:19am

Loss of a cultural icon

EDITORIAL: Zia Mohyeddin who passed away in Karachi at age 91 is fondly remembered by several generations of...

Updated 20 Feb, 2023 03:59pm

Time for decisive action

EDITORIAL: The frequency and audacity of TTP’s (Tehrik-e-Taliban Pakistan’s) attacks on the state, especially ...

Published 19 Feb, 2023 03:19am

‘Clear-cut case of vendetta’

EDITORIAL: Surely, the Indian government knew that raids on BBC’s offices in New Delhi and Mumbai for alleged tax...

Published 19 Feb, 2023 03:19am

Letters

Imran only adding to uncertainty, confusion

An embittered Imran Khan, who is a former prime minister, has urged the President of Islamic Republic of Pakistan to...

Published 19 Feb, 2023 03:19am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday (February 18, 2023)....

Published 19 Feb, 2023 03:19am

Cotton & Textile

Spot rate continues to decline on cotton market

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

Published 19 Feb, 2023 03:19am

Single bench decision on Punjab election: LHC division bench to hear ECP’s ICA tomorrow

LAHORE: A division bench of the Lahore High Court will hear on Monday an intra-court appeal (ICA) of the Election...

Published 19 Feb, 2023 03:19am

‘Propaganda’ campaign against judiciary ‘shameful’: IK

LAHORE: Pakistan Tehreek-e-Insaf Chairman Imran Khan Saturday said the vile propaganda campaign against the...

Updated 19 Feb, 2023 10:30am

‘Opt for better choice of words’ is CEC’s curt reply to President

ISLAMABAD: The Election Commission of Pakistan (ECP) Saturday lectured President Dr Arif Alvi on opting for a...

Updated 19 Feb, 2023 02:07pm

Team formed to probe KPO attack

KARACHI: Sindh Inspector General of Police Ghulam Nabi Memon has constituted a five-member committee to investigate...

Updated 19 Feb, 2023 01:54pm

Alvi visits the injured personnel

KARACHI: President Dr Arif Alvi on Saturday visited Jinnah Hospital to inquire after the health of Police and ...

Published 19 Feb, 2023 03:19am

Terrorism challenges can be dealt with through kinetic actions only: COAS

ISLAMABAD: Chief of Army Staff (COAS) General Syed Asim Munir has emphasized the need for “mutual trust, will of...

Published 19 Feb, 2023 03:19am

Sindh CM attends funeral prayers

KARACHI: Sindh Chief Minister Syed Murad Ali Shah attended the funerals of two police constables, Ghulam Abbas...

Published 19 Feb, 2023 03:19am

TTP warns of more attacks against LEAs

KARACHI: Pakistan’s Taliban warned Saturday of more attacks against law enforcement officers, a day after four...

Updated 19 Feb, 2023 09:33am

Tarbela Tunnels: Cracks in trash racks reappear

ISLAMABAD: The Water and Power Development Authority (Wapda) is reportedly repairing cracks in trash racks of ...

Published 19 Feb, 2023 03:19am

TV anchorperson’s murder case: Investigators should look into some basic questions: SC

ISLAMABAD: The Supreme Court has said the Special Joint Investigation Team (SJIT) should probe the basic questions,...

Published 19 Feb, 2023 03:19am

Imposition of 10pc WHT on sale of shares: Expert identifies ‘serious’ legal flaws in proposed provision of bill

ISLAMABAD: There are serious legal flaws in the proposed provision of the Finance (Supplementary) Bill, 2023 on...

Published 19 Feb, 2023 03:19am

FM underscores need for capacity-building of Afghan authorities

ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari on Saturday urged the international community to help in capacity...

Published 19 Feb, 2023 03:19am

Negative growth of 67.35pc YoY: Mobile phones worth $414.801m imported in 7 months

ISLAMABAD: Pakistan imported mobile phones worth $414.801 million during the first seven months (July-January) of...

Published 19 Feb, 2023 03:19am

Ahsan Iqbal returns official vehicle

ISLAMABAD: Federal Minister for Planning and Development Ahsan Iqbal returned the official vehicle due to the...

Published 19 Feb, 2023 03:19am

200 PTI workers to get arrested voluntarily on 22nd: Ejaz Ch

LAHORE: On the first day of the Pakistan Tehreek-e-Insaf (PTI)’s ‘jail bharo’ (volunteer arrest) movement on...

Published 19 Feb, 2023 03:19am

Commodities

Prices of essential kitchen items witness upward trend

ISLAMABAD: The prices of essential kitchen items as well as daily use items have witnessed an increase during this...

Published 19 Feb, 2023 03:19am

Ali J Hamdani removed: SNGPL gives additional charge of MD to Amer Tufail

ISLAMABAD: The Board of Directors of the state-owned gas company, the Sui Northern Gas Pipeline Limited (SNGPL)...

Published 19 Feb, 2023 03:19am

Companies

Singapore Airlines appoints Gerry’s as its sales agent

ISLAMABAD: Singapore Airlines (SIA), the flag carrier of the Republic of Singapore has appointed Gerry’s...

Published 19 Feb, 2023 03:19am

Industry

Malaysian envoy explains obstacles to enhancing trade volume with Pakistan

KARACHI: Herman Hardynata Bin Ahmad, Consul General of Malaysia agreed that there are logistical impediments, lack ...

Published 19 Feb, 2023 03:19am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 13	283
USD PKR Interbank Buying / Jun 13	282.75
USD to Japanese Yen / Jun 14	144.07
USD to Swiss Franc / Jun 14	0.81
Pound Sterling to USD / Jun 14	1.36
Euro to USD / Jun 14	1.15
UK LIBOR % / Jun 14	4.96

Stock	Volume
S&P 500 / Jun 14	5,976.97
India Sensex / Jun 14	81,118.60
Tokyo Nikkei / Jun 14	37,834.25
Nasdaq / Jun 14	19,406.83
Hang Seng / Jun 14	23,892.56
FTSE 100 / Jun 14	8,850.63
Dow Jones / Jun 14	42,197.79
Germany DAX 30 / Jun 14	23,516.23
France CAC40 / Jun 14	7,784.68

Item	Value
Petrol/Litre / Jun 14	253.63
Crude Oil USD/Barrel / Jun 14	72.98
Karachi Cotton PKR/37.32 KG / Jun 14	16,485
Gold 10 Grams PKR / Jun 14	310,007
Gold Spot USD/Ounce / Jun 14	3,432.34
Diesel/Litre / Jun 14	254.64
Cotton US¢/pound / Jun 14	67.84

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.93 ▲ 1 (51.81%)
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	3.06 ▲ 0.94 (44.34%)
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	3.39 ▲ 1 (41.84%)
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	2.71 ▲ 0.58 (27.23%)
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	7.11 ▲ 1 (16.37%)
Unicap Modaraba / Jun 13 Unicap Modaraba(UCAPM)	3.65 ▲ 0.48 (15.14%)
First Dawood Prop. / Jun 13 First Dawood Properties Limited(FDPL)	3.56 ▲ 0.36 (11.25%)
Ashfaq Textile / Jun 13 Ashfaq Textile Mills Limited(ASHT)	25.70 ▲ 2.34 (10.02%)
AN Textile Mills / Jun 13 AN Textile Mills Limited(ANTM)	15.49 ▲ 1.41 (10.01%)
Shadman Cotton / Jun 13 Shadman Cotton Mills Limited(SHCM)	47.38 ▲ 4.31 (10.01%)

Stock	Price
Shaheen Ins. / Jun 13 Shaheen Insurance Company Limited(SHNI)	4.75 ▼ -0.65 (-12.04%)
Trust Sec.& Brok. / Jun 13 Trust Securities & Brokerage Limited(TSBL)	12.20 ▼ -1.36 (-10.03%)
First Elite Cap.Mod / Jun 13 First Elite Capital Modaraba(FECM)	37.98 ▼ -4.22 (-10%)
Khyber Textile / Jun 13 Khyber Textile Mills Limited(KHYT)	1,794.55 ▼ -199.39 (-10%)
PIA Holding Co.B / Jun 13 PIA Holding Company Limited B(PIAHCLB)	18,889.10 ▼ -2098.79 (-10%)
F.Credit & Inv / Jun 13 First Credit and Investment Bank Limited(FCIBL)	11.23 ▼ -1.24 (-9.94%)
Arctic Textile / Jun 13 Arctic Textile Mills Limited(ARCTM)	39.72 ▼ -4.26 (-9.69%)
Crescent Cotton / Jun 13 Crescent Cotton Mills Limited(CCM)	50.41 ▼ -5.4 (-9.68%)
Shahtaj Textile / Jun 13 Shahtaj Textile Limited(STJT)	78.62 ▼ -8.32 (-9.57%)
Hala Enterprise / Jun 13 Hala Enterprises Limited(HAEL)	30.69 ▼ -3.23 (-9.52%)

Stock	Volume
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	116,655,242 ▲ 1
WorldCall Telecom / Jun 13 Worldcall Telecom Limited(WTL)	100,891,108 ▲ 0.08
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	85,324,384 ▲ 0.94
PIA Holding Co.Ltd / Jun 13 PIA Holding Company Limited(PIAHCLA)	30,960,243 ▲ 0.62
B.O.Punjab / Jun 13 The Bank of Punjab(BOP)	27,555,139 ▼ -0.26
Kohinoor Spining / Jun 13 Kohinoor Spinning Mills Limited(KOSM)	27,294,482 ▲ 0.17
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	27,189,737 ▲ 0.58
Cnergyico PK / Jun 13 Cnergyico PK Limited(CNERGY)	26,834,469 ▼ -0.35
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	23,063,464 ▲ 1
Sui South Gas / Jun 13 Sui Southern Gas Company Limited(SSGC)	21,700,047 ▼ -0.4

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