News Archives for Print - 2023-05-14

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Print - 2023-05-14

Gaza fighting rages despite latest truce efforts

GAZA CITY, (Palestinian Territories): Israeli air strikes battered Gaza and militants fired rockets again on...

Published 14 May, 2023 03:24am

South Asia

Temperature in Singapore soars to 40-year high

SINGAPORE: Singapore reported its highest temperature in 40 years on Saturday, officials said, as a blistering...

Published 14 May, 2023 03:24am

Grant Bradburn appointed head coach of Pakistan team

LAHORE: Grant Bradburn has been appointed as the head coach of the Pakistan national men’s side following a robust...

Published 14 May, 2023 03:24am

Blasts rock Khartoum as warring sides affirm humanitarian pledge

KHARTOUM: Air strikes pummelled Khartoum Saturday, with representatives of Sudan’s warring factions meeting in...

Published 14 May, 2023 03:24am

Europe

On final day of campaign, Erdogan accuses Turkish opposition of working with Biden

ISTANBUL: Turkish President Tayyip Erdogan held his last election rallies in Istanbul on Saturday, accusing the...

Published 14 May, 2023 03:24am

First polio case of year detected in S Waziristan

SOUTH WAZIRISTAN: The first polio virus case has been confirmed in South Waziristan Lower during the current year....

Published 14 May, 2023 03:24am

Rioters’ facilitators too will be brought to justice: Muqam

PESHAWAR: Advisor to Prime Minister on National Heritage and Culture Division Engineer Amir Muqam on Saturday vowed...

Published 14 May, 2023 03:24am

ICT to set up two more police stations

ISLAMABAD: Owing to a significant increase witnessed in different crimes including robbery, snatching at gunpoint,...

Published 14 May, 2023 03:24am

Pakistan releases 198 Indian fishermen

ISLAMABAD: Pakistan on Saturday released 198 Indian fishermen after completion of their sentences and verification ...

Published 14 May, 2023 03:24am

AJK PM meets Finance Minister

ISLAMABAD: Chaudhry Anwar Ul Haq, Prime Minister Azad Jammu and Kashmir called on Federal Minister for Finance and...

Published 14 May, 2023 03:24am

PPP leader accuses IK of committing corruption, assails his approach to politics

ISLAMABAD: Pakistan People’s Party (PPP) leader and Federal Minister for Climate Change Senator Sherry Rehman...

Published 14 May, 2023 03:24am

‘7th International Multi-topic ICT Conference’ concludes

KARACHI: The closing ceremony of the 7th International Multi-Topic ICT Conference was jointly organized by Sir Syed...

Published 14 May, 2023 03:24am

Four oil mill workers die after ‘inhaling toxic gas’

MULTAN: As many as four workers lost their life due to the spread of toxic gas in an oil well on Bahawalpur Road on...

Published 14 May, 2023 03:24am

‘Heatwave-like weather’ likely to prevail

KARACHI: The continuing heatwave like weather conditions are likely to prevail over most parts of Sindh with a...

Published 14 May, 2023 03:24am

BUHSC holds 9th convocation

KARACHI: The 9th convocation ceremony of Bahria University Health Sciences Campus (BUHSC) Karachi was held on here ...

Published 14 May, 2023 03:24am

Mango varieties in Sindh: Chinese investors show keen interest

HYDERABAD: Chinese investors expressed their interest in the mango varieties of Sindh Province and visited Sindh...

Published 14 May, 2023 03:24am

‘Pakistan Chemical Forum’ to start from 18th

LAHORE: A three-day mega exhibition “Pakistan Chemical Forum” will be held on 18th – 20th May 2023 at...

Published 14 May, 2023 03:24am

LDA DG for strict action against defaulters

LAHORE: Lahore Development Authority (LDA) Director General Muhammad Ali Randhawa has said that strict actions ...

Published 14 May, 2023 03:24am

MBBS admission: LHC asks selection board to allow additional time to candidate

LAHORE: The Lahore High Court (LHC) held that a selection board for admission to MBBS may relax the time limit and...

Published 14 May, 2023 03:24am

Political parties urged to help rebuild economy together

LAHORE: In the aftermath of four days of intense political unrest, the nation faces staggering economic losses...

Published 14 May, 2023 03:24am

Regional connectivity described as ‘need of the hour’ for peace, prosperity

LAHORE: Chairman of the Senate Defence Committee Senator Mushahid Hussain Syed said that regional connectivity was...

Published 14 May, 2023 03:24am

The Weather

KARACHI: The weather report on Saturday (May 13, 2023) and the forecast for Sunday (May 14, 2023)...

Published 14 May, 2023 03:24am

Arrest of miscreants: PM sets 72-hour deadline

Directs authorities to immediately arrest all those elements who were involved in different abhorrent and unpardonable incidents of vandalism

Updated 14 May, 2023 10:14am

Al-Qadir Trust case: IHC directs IK to join NAB probe

Court says if the petitioner does not join the investigation then NAB can approach this court

Updated 14 May, 2023 10:15am

Facebook, YouTube, Twitter down again

Social media giants were available on Friday night but on Saturday were again inaccessible

Updated 14 May, 2023 10:15am

‘There’s no other option but to ban PTI,’ says Sana

Says attacking and setting on fire government buildings and martyrs' monuments never happened during political protests

Updated 14 May, 2023 10:17am

Leadership needs to undergo surgery

Our economic imbalances need surgery, as in every crisis lies an opportunity. The question this raises is whether...

Published 14 May, 2023 03:24am

Directives issued to PPP’s provincial chiefs

ISLAMABAD: In order to ensure the full participation of Pakistan People’s Party (PPP) in the sit-in outside the...

Published 14 May, 2023 03:24am

Nadra introduces NSOR platform to identify sex offenders

ISLAMABAD: The National Database and Registration Authority (Nadra) introduced a new platform National Sex Offenders...

Published 14 May, 2023 03:24am

SCBA puts its weight behind SC

ISLAMABAD: The Supreme Court Bar Association (SCBA) extended unwavering support and solidarity in protecting the...

Published 14 May, 2023 03:24am

Karachi population soars to over 18.61m: PBS

ISLAMABAD: The total population in Karachi has reached over 18.61 million with two days left for completion of 7th...

Published 14 May, 2023 03:24am

Iddat marriage case: Petition filed against IK, wife declared inadmissible

ISLAMABAD: A local court on Saturday declared inadmissible a petition filed against Pakistan Tehreek-e-Insaf (PTI)...

Published 14 May, 2023 03:24am

FC Compound: Security forces complete clearance operation

RAWALPINDI: The clearance operation at FC Compound Muslim Bagh in Northern Balochistan, which had commenced on ...

Published 14 May, 2023 03:24am

Illegal actions of Aug 5, 2019: Bilawal says India vitiated atmosphere

ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari has categorically stated that India’s illegal and unilateral...

Published 14 May, 2023 03:24am

Letters

Army has acted prudently and wisely

No doubt May 9 will always be remembered as a black chapter in the history of this country. It was on this day that...

Published 14 May, 2023 03:24am

Workshop for media students

KARACHI: A one-day training workshop on “Role of social media for social change” held at Shah Abdul Latif...

Published 14 May, 2023 03:24am

Development budget to be increased, says CM of Balochistan

QUETTA: Balochistan Chief Minister Mir Abdul Quddus Bizenjo on Saturday said that the size of the development budget...

Published 14 May, 2023 03:24am

Cambridge exams to resume from tomorrow

ISLAMABAD: The British Council has announced the resumption of all Cambridge exams from Monday, May 15, as per...

Published 14 May, 2023 03:24am

PM visits Corps Commander’s residence

LAHORE: Prime Minister Shehbaz Sharif Saturday visited the Lahore Corps Commander house, also known as Jinnah House,...

Published 14 May, 2023 03:24am

Big rally in Karachi: Bilawal assails PTI, says PPP to wipe out ‘political terrorists’

KARACHI: Foreign Minister Bilawal Bhutto Zardari has said Pakistan People’s Party will bury the politics of hatred...

Published 14 May, 2023 03:24am

Cotton & Textile

‘Next 15 days critical for cotton cultivation’

LAHORE: Secretary Agriculture Punjab Iftikhar Ali Sahoo has said that the next 15 days are critical for cotton...

Published 14 May, 2023 03:24am

Energy

Asia Distillates: Gasoil margins post second straight weekly gains

SINGAPORE: Asia’s 10-ppm sulphur gasoil margins were little changed on Friday, amid a dearth of trades at the...

Published 14 May, 2023 03:24am

Energy

Northwest European gasoline refining margins lower amid weak exports

NEW DELHI: Northwest European gasoline refining margins dropped to $19.50 a barrel on Friday after sharp gains in...

Published 14 May, 2023 03:24am

Energy

VLSFO steady; market awaits fresh tenders from Kuwait’s Al Zour

SINGAPORE: Asia’s very-low sulphur fuel oil (VLSFO) benchmarks held stable on Friday, with activity largely quiet...

Published 14 May, 2023 03:24am

Energy

US natgas futures jump to one-week high on massive rig count drop

NEW YORK: US natural gas futures jumped about 6% to a one-week high on Friday on worries output will decline in the...

Published 14 May, 2023 03:24am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday (May 13, 2023)...

Published 14 May, 2023 03:24am

Cotton & Textile

No visible change on cotton market

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

Published 14 May, 2023 03:24am

Commodities

India’s April palm oil imports slump

MUMBAI: India’s palm oil imports in April slumped 30% from a month earlier to hit a 14-month low, as the premium...

Published 14 May, 2023 03:24am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (May 13, 2023). ======================================= Offset...

Published 14 May, 2023 03:24am

ECC approves Rs 4bn TSG for ASPIRE program

ISLAMABAD: The Economic Coordination Committee (ECC) has approved Rs4 billion technical supplementary grant (TSG)...

Updated 14 May, 2023 10:09am

JIT to probe incidents of violence

LAHORE: The caretaker Chief Minister Punjab Mohsin Naqvi chaired a meeting at the Punjab Safe Cities Authority...

Updated 14 May, 2023 10:11am

Punjab governor promulgates two ordinances

LAHORE: Governor Punjab Muhammad Balighur Rahman has promulgated the Code of Criminal Procedure (Amendment)...

Updated 14 May, 2023 10:10am

ECC asks NAPHDA to review business plan

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed Naya Pakistan Housing and...

Updated 14 May, 2023 10:11am

Imran urges SC to launch probe

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan Saturday urged the Supreme Court of Pakistan (SCP) to ...

Updated 14 May, 2023 10:11am

COAS vows to never forget May 9 mayhem

RAWALPINDI: Chief of Army Staff (COAS) General Syed Asim Munir on Saturday said the armed forces would not tolerate...

Updated 14 May, 2023 10:09am

Maira switching station: NOC issued to five Chinese to work at project

ISLAMABAD: Ministry of Interior (MoI) has issued No Objection Certificate (NOC) for five Chinese nationals at Maira...

Updated 14 May, 2023 10:11am

ATL: number of return filers hits 3.58m mark

Experts say FBR can achieve the target of 4.3 million taxpayers on the ATL by broadening the tax base process by data mining of Withholding Taxes

Updated 14 May, 2023 10:03am

Original utility connection holders: Energy firms asked to collect tax data on CNIC basis

ISLAMABAD: The Reforms and Resource Mobilisation Commission (RRMC) has recommended electricity/gas companies to...

Updated 14 May, 2023 10:11am

PM for keeping an eye on prices of wheat, flour in KP

LAHORE: Prime Minister Muhammad Shehbaz Sharif on Saturday while taking notice of price hike of wheat and flour in...

Updated 14 May, 2023 10:10am

Himalayan pink salt: US co says planning to invest $200m

WASHINGTON: An American leading company in import, manufacture and supply of sea salt Miracle Saltworks Collective...

Updated 14 May, 2023 10:09am

Intra-Arab rapprochement

EDITORIAL: Winds of change are blowing in the Middle East. After the recent normalisation of relations between the...

Published 14 May, 2023 03:24am

Rise of Hindutva in Manipur

EDITORIAL: What happened to India-held Kashmiris following abrogation of Article 370 in August 2019 is now on ...

Published 14 May, 2023 03:24am

Industry

‘Iran keen to boost trade ties with Pakistan’

KARACHI: Chairman National Security Commission of Iranian parliament, Dr Vahid Jalal Zadeh has said that Iran is ...

Published 14 May, 2023 03:24am

Taxes

Small tax base, high non-compliance incidence causing massive tax evasion

LAHORE: A relatively small tax base and high levels of non-compliance has resulted in massive tax evasion in ...

Published 14 May, 2023 03:24am

Pakistan to export boiled meat to China: commercial counselor

BEIJING: With a huge potential to export meat, Pakistan is all set to start exporting boiled meat to the Chinese...

Published 14 May, 2023 03:24am

Companies

SDPI, RPL sign MoU to ‘reduce environmental footprint of businesses and consumption’

ISLAMABAD: Sustainable Development Policy Institute (SDPI) and Roshan Packages Limited (RPL) here on Saturday signed...

Published 14 May, 2023 03:24am

Taxes

LTO Islamabad: FTO unearths ‘wrongdoing’

ISLAMABAD: The Federal Tax Ombudsman (FTO) has unearthed a wrong act committed by the Large Taxpayer Office (LTO)...

Published 14 May, 2023 03:24am

Taxes

RRMC recommends changes in tax laws

ISLAMABAD: The Reforms and Resource Mobilization Commission (RRMC) has recommended legal changes in tax laws to ...

Published 14 May, 2023 03:24am

Prices of kitchen items show mixed trend

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

Published 14 May, 2023 03:24am

Federal budget: Govt has not as yet started consultation with business community: FPCCI chief

KARACHI: Irfan Iqbal Sheikh, President FPCCI, has expressed his profound concerns that the government and its...

Published 14 May, 2023 03:24am

Qamar asks dealers to reduce prices of imported cars

KARACHI: Federal Minister for Commerce Syed Naveed Qamar has warned car dealers of strict action if prices of...

Published 14 May, 2023 03:24am

RD abolishment on imported luxury vehicles may hurt local auto industry

KARACHI: The government’s decision to terminate regulatory duty (RD) on imported luxury vehicles will likely to...

Published 14 May, 2023 03:24am

Minister says vast scope of cooperation with Ethiopia exists

ISLAMABAD: Dr Foziya Amin, Minister of State for Innovation and Technology of Ethiopia has said that there are vast...

Published 14 May, 2023 03:24am

Commodities

Gold, silver regain big value

KARACHI: Gold prices on Saturday regained a big value while silver posted a sizeable increase on the local market,...

Published 14 May, 2023 03:24am

Commodities

Paris wheat gains

PARIS: Euronext wheat edged higher on Friday, supported by a bounce in Chicago futures, as participants adjusted...

Published 14 May, 2023 03:24am

Commodities

China steps up sampling of soya cargoes

BEIJING/SINGAPORE: China is significantly increasing the rate of inspections on imported soyabean cargoes, three...

Published 14 May, 2023 03:24am

Commodities

Japanese rubber futures easier

SINGAPORE: Japanese rubber futures were poised for a four-day losing streak on Friday and set to end the week in ...

Published 14 May, 2023 03:24am

Commodities

Iron ore’s fall deepens on China demand anxiety

MANILA: Iron ore futures wobbled on Friday and were on track for weekly losses due to waning optimism over prospects...

Published 14 May, 2023 03:24am

Commodities

Wheat futures rise after falling for four consecutive sessions

SINGAPORE/PARIS: Chicago wheat futures rose on Friday after four consecutive sessions of losses as bargain-buying...

Published 14 May, 2023 03:24am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 29	278.60
USD PKR Interbank Buying / Apr 29	278.40
USD to Japanese Yen / Apr 29	156.26
USD to Swiss Franc / Apr 29	0.91
Pound Sterling to USD / Apr 29	1.26
Euro to USD / Apr 29	1.07

Stock	Volume
S&P 500 / Apr 29	5116.17
India Sensex / Apr 29	74671.28
Tokyo Nikkei / Apr 29	37934.76
Nasdaq / Apr 29	15983.08
Hang Seng / Apr 29	17746.91
FTSE 100 / Apr 29	8147.03
Dow Jones / Apr 29	38386.09
Germany DAX 30 / Apr 29	18118.32

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Crude Oil USD/Barrel / Apr 29	82.60
Gold 10 Grams PKR / Apr 29	209105
Gold Spot USD/Ounce / Apr 29	2334.17
Cotton US¢/pound / Apr 29	81.52
Petrol/Litre / Apr 30	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 30 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 30 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 30 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 30 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 30 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 30 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 30 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 30 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 30 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 30 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 30 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 30 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 30 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 30 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 30 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 30 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 30 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 30 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 30 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 30 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 30 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 30 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 30 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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