News Archives for Print - 2023-02-25

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Print - 2023-02-25

Industry

Energy, other sectors: GBDWP reviews progress of projects

GILGIT: 3rd meeting of Gilgit-Baltistan Development Working party was held under chairmanship of the chief minister...

Published 25 Feb, 2023 06:55am

Industry

LLP, co registration, filing and compliance: SECP exhibits new prototype of regulatory processes

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) held a thematic workshop to demonstrate the...

Published 25 Feb, 2023 06:51am

SPI inflation up 2.78pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI) based inflation for the week ended February 23, 2023, recorded an...

Published 25 Feb, 2023 06:48am

UN demands Russia withdraw from Ukraine

UNITED NATIONS: The United Nations voted overwhelmingly Thursday to demand Russia immediately and unconditionally...

Published 25 Feb, 2023 06:45am

Fed’s preferred inflation gauge up

WASHINGTON: A key indicator of US inflation rose in January, according to government data released Friday, while...

Published 25 Feb, 2023 06:42am

GDA seeks briefing on digital census

KARACHI: The Grand Democratic Alliance (GDA) in the Sindh Assembly on Friday questioned the authenticity of fresh...

Published 25 Feb, 2023 06:23am

Agriculture: experts for adopting treated wastewater tech

FAISALABAD: Experts at international moot at the University of Agriculture Faisalabad called for adopting treated...

Published 25 Feb, 2023 06:23am

Industry

KOTRA wants to expand its services, programmes in Pakistan: DG

KARACHI: Sung Jae Kim, Director General of Korea Trade Investment Promotion Agency (KOTRA), Karachi Office, briefed...

Published 25 Feb, 2023 06:23am

‘Engineering and Healthcare Show 2023’: Delegations want to enhance trade with Pakistan

LAHORE: On the 2nd day of the Engineering and Healthcare Show 2023, delegations from Uganda, Kenya, Zimbabwe,...

Published 25 Feb, 2023 06:23am

JI for provincial, national elections on the same day

LAHORE: Welcoming the suo motu notice taken by the Supreme Court of Pakistan on elections in KPK and Punjab, the...

Published 25 Feb, 2023 06:23am

Ukrainian envoy urges world to support right to self-defence

ISLAMABAD: Ambassador of Ukraine to Pakistan Markian Chuchuk, recalling the ordeal of the people of Ukraine for past...

Published 25 Feb, 2023 06:23am

TikTok, Zindagi Trust launch 2nd phase of digital safety campaign

KARACHI: TikTok and Zindagi Trust have announced an extension of their collaboration aimed at driving digital safety...

Published 25 Feb, 2023 06:23am

LHC informed: SAs, advisors to PM not part of cabinet

LAHORE: A law officer on Friday told the Lahore High Court that special assistants and advisors to the Prime ...

Published 25 Feb, 2023 06:23am

Renowned Baloch folk singer Wasu Khan passes away

QUETTA: Eminent Baloch folk singer Wasu Khan on Friday passed away in Jaffarabad at the age of 80. According to his...

Published 25 Feb, 2023 06:23am

‘Jail Bharo Tehreek’: PTI leaders voluntarily offer their arrests in Rawalpindi

RAWALPINDI: Leaders and workers of the Pakistan Tehreek-e-Insaf (PTI) Rawalpindi chapter voluntarily offered their...

Published 25 Feb, 2023 06:23am

PML-N set to adopt aggressive strategy against PTI

LAHORE: Pakistan Muslim League-Nawaz (PML-N) is learnt to have decided to adopt more aggressive approach against the...

Published 25 Feb, 2023 06:23am

Quake-hit people: PFOWA gives cheque to envoys of Turkiye, Syria

ISLAMABAD: A delegation of Pakistan Foreign Office Women Association (PFOWA) called on Mehmet Pacaci, Ambassador of...

Published 25 Feb, 2023 06:23am

PFA disposes of 1,300 litres of fabricated milk

LAHORE: In a bid to control the wicked practice of milk adulteration, the Punjab Food Authority (PFA) continued its...

Published 25 Feb, 2023 06:23am

Better World Project competition: NUST project declared global winner

ISLAMABAD: The National University of Sciences & Technology (NUST) has been making headlines internationally...

Published 25 Feb, 2023 06:23am

Mother relinquishing right to custody of minor void agreement: LHC

LAHORE: The Lahore High Court held that any agreement by the mother relinquishing her right to custody of the minor...

Published 25 Feb, 2023 06:23am

Senior leaders of PTI: LHC adjourns hearing of plea for ‘recovery’

LAHORE: The Lahore High Court adjourned hearing of a petition for “recovery” of senior leaders of Pakistan...

Published 25 Feb, 2023 06:23am

Water-related issues: IWMI launches joint efforts with Okara industrial sector

LAHORE: The International Water Management Institute (IWMI) Pakistan has launched joint efforts with the industrial...

Published 25 Feb, 2023 06:23am

HBL-PSL matches in Lahore: IG Punjab directs foolproof security

LAHORE: Inspector General Police Punjab Dr Usman Anwar has said that during the PSL matches in Lahore, foolproof...

Published 25 Feb, 2023 06:23am

Governor gives ‘Friends of LCCI Award’ to civil servants

LAHORE: Punjab Governor Muhammad Balighur Rehman distributed “Friends of LCCI Award” to civil servants at...

Published 25 Feb, 2023 06:23am

FIA smashes gang involved in sale of fake dollars

LAHORE: A team of FIA Cyber Crime Circle Lahore has smashed a gang allegedly involved in the sale of fake US ...

Published 25 Feb, 2023 06:23am

Video leaks of leaders of PTI: Dr Yasmeen approaches LHC

LAHORE: Pakistan Tehreek-i-Insaf (PTI) leader Dr Yasmeen Rashid has approached the Lahore High Court for ...

Published 25 Feb, 2023 06:23am

Constitution to be under threat if judiciary failed to protect it: Fawad

LAHORE: Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry warned on Friday that the country’s Constitution ...

Published 25 Feb, 2023 06:23am

British officials meet Ukraine Ambassador

ISLAMABAD: British Chargé d’Affaires Andrew Dalgleish and Defence Adviser Brigadier Simon Waddington welcomed...

Published 25 Feb, 2023 06:23am

Asif, Blome discuss regional security

ISLAMABAD: The Defence Minister, Khawaja Asif, emphasised the importance of stable and prosperous Afghanistan for ...

Updated 25 Feb, 2023 07:11am

Pink Residency corruption case: AC issues non-bailable arrest warrant for accused

ISLAMABAD: The Accountability Court, on Friday, issued a non-bailable arrest warrant for an accused of the Pink...

Updated 25 Feb, 2023 07:13am

22nd ITCN Asia Int’l IT & Telecom Show held

ISLAMABAD: More than 200 companies are participating in the three days, 22nd ITCN Asia International IT and Telecom...

Published 25 Feb, 2023 06:23am

The Weather

KARACHI: The weather report on Friday (February 24, 2023) and the forecast for Saturday (February 25, 2023)...

Published 25 Feb, 2023 06:23am

Rates

PSX stays bearish

KARACHI: Pakistan Stock Exchange Friday witnessed a mixed trend and closed on a negative note due to selling ...

Published 25 Feb, 2023 06:23am

CCP actively investigating key sectors: MoF advertises 4 vacant positions of members

ISLAMABAD: The Ministry of Finance has advertised four vacant positions of members of the Competition Commission of...

Updated 25 Feb, 2023 01:29pm

Anomaly in excise duty: Illegal cigarette trade will get a big boost

ISLAMABAD: The anomaly created by the Federal Board of Revenue (FBR) in new excise duty structure of cigarettes to...

Updated 25 Feb, 2023 08:59am

Suo motu notice of delay in Punjab, KP polls: PML-N leader urges CJP to constitute ‘full-court bench’

ISLAMABAD: As a nine-judge bench of the top court is set to take up a suo motu notice of delay in holding polls in...

Published 25 Feb, 2023 06:23am

Commodities

Gold prices decline sharply

KARACHI: Gold prices on Friday witnessed a sizeable fall on the local market, traders said. The rates of gold...

Published 25 Feb, 2023 06:23am

Increase in FED on cigarettes: Health activists satisfied with new govt measure

ISLAMABAD: Health activists Friday expressed satisfaction over signing of Finance (Supplementary) Act, 2023 by...

Published 25 Feb, 2023 06:23am

Several hurt in Green Line BRT accident

KARACHI: Several passengers received minor injuries after one of the buses of the Karachi Green Line BRT lost ...

Published 25 Feb, 2023 06:23am

Watch thy neighbours–II

Pakistan has India to its east, Afghanistan to its northwest and Iran to its west while China borders the country in...

Updated 25 Feb, 2023 06:58am

Save our children

As I stopped at the red light I glanced outside and there on the footpath was a beggar woman with her infant ...

Updated 25 Feb, 2023 07:01am

Goldman Sachs CEO, after missteps, to take center stage at investor day

Goldman Sachs Group Inc’s Chief Executive David Solomon faces a reality check from investors on Tuesday as he...

Updated 25 Feb, 2023 07:04am

Letters

‘Debt and fiscal space’

Business Recorder op-ed writer Dr Omer Javed deserves a lot of praise for articulating a highly informed argument on...

Published 25 Feb, 2023 06:23am

PARTLY FACETIOUS: Khan was always a great bowler

“The Khan abuses and Notification Maryam Nawaz (NMN) lobs the ball right back with a few additional stones thinly...

Published 25 Feb, 2023 06:23am

Energy

Use of energy witnesses increase of 9pc in 2022: Speakers

ISLAMABAD: Speakers at a seminar have observed that the use of energy in Pakistan has witnessed an increase of nine...

Published 25 Feb, 2023 06:23am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (February 24, 2023). ======================== Open Bid...

Published 25 Feb, 2023 06:23am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (February 24, 2023)....

Published 25 Feb, 2023 06:23am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (February 24, 2023)....

Published 25 Feb, 2023 06:23am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 25 Feb, 2023 06:23am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (February 24, 2023). ==================================== BR...

Published 25 Feb, 2023 06:23am

Rates

BOARD MEETINGS

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

Published 25 Feb, 2023 06:23am

Stocks

Last date of renunciation/payment

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

Published 25 Feb, 2023 06:23am

Rates

Proposed right issues

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

Published 25 Feb, 2023 06:23am

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 25 Feb, 2023 06:23am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday (February 24, 2023). ======================== OFFER PRICE...

Published 25 Feb, 2023 06:23am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday (February 24, 2023). ======================== OFFER PRICE...

Published 25 Feb, 2023 06:23am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday (February 24, 2023). ======================== OFFER PRICE...

Published 25 Feb, 2023 06:23am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Friday (February 24, 2023). ======================== OFFER PRICE...

Published 25 Feb, 2023 06:23am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (February 24, 2023). ======================== OFFER PRICE 1,446.3872...

Published 25 Feb, 2023 06:23am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday (February 24, 2023). ======================== OFFER PRICE...

Published 25 Feb, 2023 06:23am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday (February 24, 2023). ======================== OFFER PRICE...

Published 25 Feb, 2023 06:23am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday (February 24, 2023). ======================== OFFER PRICE...

Published 25 Feb, 2023 06:23am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday (February 24, 2023). ======================== OFFER PRICE...

Published 25 Feb, 2023 06:23am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday (February 24, 2023). ======================== OFFER PRICE...

Published 25 Feb, 2023 06:23am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Friday (February 24, 2023). ======================== Offer Price...

Published 25 Feb, 2023 06:23am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Friday (February 24, 2023). ======================== Offer Price...

Published 25 Feb, 2023 06:23am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Friday (February 24, 2023). ======================== Offer ...

Published 25 Feb, 2023 06:23am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Friday (February 24, 2023). ======================== Offer Price...

Published 25 Feb, 2023 06:23am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Friday (February 24, 2023). ======================== Offer Price...

Published 25 Feb, 2023 06:23am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Friday (February 24, 2023). ======================== Offer Price 1,273.0013 Bid...

Published 25 Feb, 2023 06:23am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Friday (February 24, 2023). ========================...

Published 25 Feb, 2023 06:23am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Friday (February 24, 2023). ========================...

Published 25 Feb, 2023 06:23am

IMF accord still ‘week, 10 days’ away: PM

Hopes issues with the IMF would be settled soon

Updated 25 Feb, 2023 09:06am

SBP injects Rs1.8trn into market

KARACHI: The State Bank of Pakistan (SBP) on Friday injected Rs1.8 trillion into the market to provide liquidity to...

Updated 25 Feb, 2023 01:27pm

$700m Chinese loan lands in SBP account

KARACHI: The country has received inflows amounting to $700 million from China to build the sliding foreign exchange...

Updated 25 Feb, 2023 09:01am

Pakistan, US for more dialogue to deepen economic ties

WASHINGTON: On February 23, 2023, the United States and Pakistan concluded the ninth meeting under the US–Pakistan...

Updated 25 Feb, 2023 09:01am

Inclusion in bench on polls: 2 judges attract objections

ISLAMABAD: Three major coalition partners in Pakistan Democratic Movement (PDM) government, Friday, objected to the...

Updated 25 Feb, 2023 09:04am

De-notified on 6 seats: IK retains NA-45 Kurram seat

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan retains the National Assembly’s NA-45 Kurram seat with...

Updated 25 Feb, 2023 09:04am

Pakistan, Uzbekistan sign $1bn trade deal

ISLAMABAD: Pakistan and Uzbekistan signed on Friday a $1 billion deal to increase bilateral trade, a statement from...

Published 25 Feb, 2023 06:23am

Equipment import: IPPs seek amendment to SBP’s circular

ISLAMABAD: Independent Power Producers (IPPs) have sought amendment to State Bank of Pakistan (SBP) Circular of...

Updated 25 Feb, 2023 09:00am

Elimination of terrorism linked to economic recovery, political stability

ISLAMABAD: The central apex committee on Friday declared that elimination of terrorism, economic recovery and...

Updated 25 Feb, 2023 09:05am

G20 tussles overc war as West steps up sanctions

BENGALURU: Finance leaders of the world’s top economies sought on Friday to bridge differences over how to deal with...

Updated 25 Feb, 2023 09:04am

Taxes

Hike in FED on tobacco to hit govt’s revenue collection efforts

KARACHI: The recent increase in the Federal Excise Duty (FED) on the tobacco sector will lead to reduction in the...

Published 25 Feb, 2023 06:23am

Industry

ABAD concerned at hike in steel bar rates

KARACHI: Association of Builders and Developers of Pakistan (ABAD), while expressing deep concern over hike in steel...

Published 25 Feb, 2023 06:23am

‘Productivity enhancing reforms’

EDITORIAL: The World Bank’s report, “From Swimming in Sand to High and Sustainable Growth” only points out the...

Published 25 Feb, 2023 06:23am

The challenge of electricity theft

EDITORIAL: While it is not surprising that a lot of electricity is stolen, it is still shocking that that figure ...

Published 25 Feb, 2023 06:23am

Money & Banking

HBL registers Rs77bn profit before tax in 2022

KARACHI: HBL on Friday declared a consolidated profit before tax of Rs 77 billion for the year ended December 31,...

Published 25 Feb, 2023 06:23am

Taxes

FBR head listens to grievances of taxpayers

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Asim Ahmad has advised the taxpayers to visit their nearest...

Published 25 Feb, 2023 06:23am

NBGP concerned at interest rate hike reports

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

Published 25 Feb, 2023 06:23am

PQA moves MoMA for recovery of over Rs1bn LDs from foreign co

Industry

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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