News Archives for Print - 2023-05-15

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Print - 2023-05-15

Strict action must be taken against rioters: Shujaat

LAHORE: Pakistan Muslim League Quid chief Chaudhry Shujaat Hussain said Sunday that strict action should be taken...

Published 15 May, 2023 08:04am

Free bus service rolled out; governor praises JDC’s role

KARACHI: Governor Sindh Kamran Khan Tessori yesterday inaugurated free bus transport service by JDC, which would ply...

Published 15 May, 2023 08:03am

Man who allegedly stole corps commander’s uniform held

LAHORE: The police on Sunday arrested a suspect who allegedly stole the uniform of Corps Commander Lahore during...

Published 15 May, 2023 08:00am

MQM-P assails HESCO for not overhauling transmission system

HYDERABAD: The Hyderabad-based MNAs of Muttahida Qaumi Movement-Pakistan (MQM-P) have deplored that despite repeated...

Published 15 May, 2023 07:57am

Scotland-based Kashmiris urged to raise Kashmir issue at global level

MIRPUR (AJK): Azad Jammu and Kashmir (AJK) President Barrister Sultan Mahmood Chaudhry has called upon Kashmiris...

Published 15 May, 2023 07:56am

‘National Design Conference’ starts tomorrow

LAHORE: The inauguration ceremony of two-day National Design Conference will be held at Pakistan Institute of ...

Published 15 May, 2023 07:54am

Russia risks cloud outlook for Central Asia, Caucasus: IMF

ALMATY: Economic growth in Central Asia and the Caucasus will depend on how Russia’s economy performs in the face...

Published 15 May, 2023 07:26am

Vast China-Russia resources trade shifts to yuan from dollars in Ukraine fallout

SINGAPORE: China has dramatically increased use of the yuan to buy Russian commodities over the past year, with...

Published 15 May, 2023 07:23am

Taxes

Germany cuts tax estimates, no additional leeway: ministry

BERLIN: Germany’s finance ministry said on Thursday it expects 148.7 billion euros ($163.69 billion) less in tax...

Published 15 May, 2023 07:21am

US consumer sentiment plummets to six-month low

WASHINGTON: US consumer sentiment slumped to a six-month low in May on worries that political haggling over raising...

Published 15 May, 2023 07:17am

Europe

Russia says two military commanders killed in east Ukraine

MOSCOW: Russia said Sunday that two of its military commanders had been killed in combat near the frontline hotspot...

Published 15 May, 2023 07:15am

What happens if the US fails to raise its debt ceiling?

WASHINGTON: Time is running short as US policymakers remain at an impasse on lifting the debt ceiling, while the...

Updated 15 May, 2023 12:02pm

South Asia

Category 5 Cyclone Mocha hits Myanmar, Bangladesh

KYAUKTAW (Myanmar): Cyclone Mocha crashed through Myanmar and southeastern Bangladesh on Sunday, sparing sprawling...

Published 15 May, 2023 07:10am

Middle East

Iran arrests eight over workers’ strike at southern gas field

TEHRAN: Iranian authorities have arrested eight people for “leading” a workers’ strike at a key gas site in ...

Published 15 May, 2023 07:09am

Africa

Sudan becomes battleground for foreign fighters

KHARTOUM: Sudan has long sent mercenaries abroad, but now the country itself has become a battleground for foreign...

Published 15 May, 2023 07:09am

Europe

Zelensky calls Germany ‘true friend’ as Ukraine readies riposte

BERLIN: Ukraine’s President Volodymyr Zelensky on Sunday called Germany a “true friend” in his country’s...

Published 15 May, 2023 07:04am

Middle East

Gaza truce holds as Palestinians, Israelis count deadly cost

GAZA CITY: Calm returned to Gaza Sunday as a fragile ceasefire ending five days of fighting held, leaving...

Published 15 May, 2023 07:02am

Companies

ACCA, COLABS collaborate to foster financial acumen amongst businesses

LAHORE: ACCA (the Association of Chartered Certified Accountants) and COLABS have signed a Memorandum of...

Published 15 May, 2023 06:59am

The Weather

KARACHI: The weather report on Sunday (May 14, 2023) and the forecast for Monday (May 15, 2023)....

Published 15 May, 2023 06:41am

PIDE to organise conference at KIU, Gilgit

PESHAWAR: Pakistan Institute of Development Economics (PIDE) in collaboration with the Pakistan Society of...

Published 15 May, 2023 06:41am

Benaud-Qadir Trophy: Pakistan to play three-Test series against Australia

LAHORE: Pakistan will make a trip Down Under later in the year to take on Australia for the Benaud-Qadir Trophy. The...

Published 15 May, 2023 06:41am

Rotated Madrid side beat Getafe ahead of Man City showdown

BARCELONA: Real Madrid warmed up for their decisive Champions League semi-final visit to face Manchester City with a...

Published 15 May, 2023 06:41am

Leeds fan charged with assault after clash with Newcastle boss Howe

LONDON: A Leeds fan who confronted Newcastle manager Eddie Howe during Saturday’s Premier League clash has been...

Published 15 May, 2023 06:41am

PSG edge closer to title as Messi jeered on return

PARIS: Paris Saint-Germain closed in on a record 11th French league title with a 5-0 home win over Ajaccio on...

Published 15 May, 2023 06:41am

Gundogan masterclass takes Man City closer to title at Everton’s expense

LIVERPOOL: Manchester City closed in on retaining the Premier League title as Ilkay Gundogan scored twice in a 3-0...

Published 15 May, 2023 06:41am

Swiatek sweeps into Italian Open last 16, Medvedev triumphs

ROME: Iga Swiatek cruised into the last 16 of the Italian Open on Sunday after thrashing Lesia Tsurenko 6-2, 6-0,...

Published 15 May, 2023 06:41am

Chelsea agree deal for Pochettino to become manager

LONDON: Chelsea have reached an agreement to appoint former Tottenham Hotspur and Paris St Germain boss Mauricio...

Published 15 May, 2023 06:41am

Bangalore crush Rajasthan by 112 runs in IPL

JAIPUR (India): Fifties from skipper Faf du Plessis and Glenn Maxwell, followed by inspired bowling, led Royal...

Published 15 May, 2023 06:41am

Djokovic, Swiatek into Italian Open last 16

ROME: Novak Djokovic reached the last 16 of the Italian Open on Sunday after winning a battle with Grigor Dimitrov...

Published 15 May, 2023 06:41am

Thais reject army-backed govt, opposition to open coalition talks

BANGKOK: Thai voters have delivered a clear rejection of nearly a decade of military-backed government, election...

Updated 15 May, 2023 08:55am

Naila Kiani becomes second Pakistani woman to scale Mount Everest

LAHORE: Pakistani top climber Naila Kiani has achieved another milestone, as she successfully summited Mount...

Updated 15 May, 2023 11:31am

US unlikely to sanction South Africa in Russia weapons dispute

NEW YORK: South African Finance Minister Enoch Godongwana said his country had resolved a dispute with the US over...

Published 15 May, 2023 06:41am

China marks return of world sport as Sudirman Cup opens

BEIJING: China on Sunday marked the return of global sport to the country after over three years, as badminton fans...

Published 15 May, 2023 06:41am

EU says latest Armenia-Azerbaijan talks should build momentum for peace

BRUSSELS: The European Union on Sunday welcomed the latest meeting between the leaders of Armenia and Azerbaijan as ...

Published 15 May, 2023 06:41am

Gatwick airport shuts runway for almost an hour over ‘suspected drone’

LONDON: Britain’s Gatwick airport shut its runway for almost an hour on Sunday over a “suspected drone”...

Published 15 May, 2023 06:41am

Bid to smuggle banned goods at Torkham border foiled

PESHAWAR: Custom authorities have foiled a bid to smuggle banned goods (betel nuts) and other items at Torkham...

Published 15 May, 2023 06:41am

VC LUMH inaugurates up-gradation of ‘Department of Emergency’

HYDERABAD: The Vice Chancellor LUMHS Prof. Ikram Din Ujjan inaugurated the Up-Gradation of Casualty to the ...

Published 15 May, 2023 06:41am

ATP chief demands govt end socio-economic injustice

PESHAWAR: Chairman, Amun Taraqqi Party (ATP) Muhammad Faiq Shah called the growing economic and social injustice the...

Published 15 May, 2023 06:41am

Public-sector varsities: Governor makes appointments against different slots

LAHORE: Governor Punjab Muhammad Balighur Rehman as chancellor made nominations and appointments on important...

Published 15 May, 2023 06:41am

IMSciences, SCCI sign MoU on industry-academia linkages

PESHAWAR: A Memorandum of Understanding (MoU) was signed between Institute of Management Sciences (IMSciences)...

Published 15 May, 2023 06:41am

Karachi LG polls: PPP ‘advises’ JI to accept defeat

KARACHI: Sindh Labour and Human Resources Minister Saeed Ghani on Sunday urged the chief of Jamaat-e-Islami Karachi...

Published 15 May, 2023 06:41am

Karachi mayorship: JI-PTI talks on track

KARACHI: Jamaat-e-Islami’s (JI) Karachi chief Hafiz Naeem Ur Rehman said that JI’s talks with the Pakistan...

Published 15 May, 2023 06:41am

Anti-polio drive in 18 districts of Balochistan begins today

QUETTA: Seven days anti-polio drive will start in 18 districts of Balochistan on 15th May (today) during which 1.26...

Published 15 May, 2023 06:41am

PTI’s Firdous Naqvi arrested

KARACHI: Pakistan Tehreek-e-Insaf (PTI) leader Firdous Shamim Naqvi has been arrested in Karachi amid an ongoing...

Published 15 May, 2023 06:41am

G20 leaders urged to address rights violations in IIOJK

MIRPUR (AJK): Kashmir Freedom Movement (KFM) President Engr Afzal Ziai has urged G-20 member nations to address the...

Published 15 May, 2023 06:41am

APNS condoles death

KARACHI: The APNS expresses profound grief over the sudden demise of Imran Ata Soomro, former Secretary Information,...

Published 15 May, 2023 06:41am

Establishment of ‘National Language Processing Laboratory’ approved

ISLAMABAD: The Ministry of Planning Development +ACY- Special Initiatives has approved the project Establishment of...

Published 15 May, 2023 06:41am

17th anniversary of ‘Charter of Democracy’ being observed

ISLAMABAD: The nation is celebrating the 17th anniversary of the Charter of Democracy (CoD), a momentous occasion...

Published 15 May, 2023 06:41am

Fazl declines request to shift sit-in venue to D-Chowk

ISLAMABAD: Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman has refused to shift the venue of the ...

Published 15 May, 2023 06:41am

Five shot dead in Karachi

KARACHI: Five people were killed in different firing incidents in Karachi, police said on Sunday. In the first...

Published 15 May, 2023 06:41am

Upcoming monsoon rains may cause flooding in urban and rural areas of Sindh: SCA

HYDERABAD: The Sindh Chamber of Agriculture has expressed concern that a lack of measures to rehabilitate Left Bank...

Published 15 May, 2023 06:41am

Khar attends EU Indo-Pacific ministerial moot

ISLAMABAD: At the EU Indo-Pacific Ministerial Forum, Minister of State for Foreign Affairs Hina Rabbani Khar called...

Published 15 May, 2023 06:41am

April: Terrorism incidents in KP decline

PESHAWAR: The strategy of prevention through detection adopted by the Counter-Terrorism Department (CTD) Khyber...

Published 15 May, 2023 06:41am

PTI senator Saifullah Niazi arrested

ISLAMABAD: Islamabad Capital Territory Police on Sunday arrested Pakistan Tehreek-e-Insaf (PTI) leader Senator...

Published 15 May, 2023 06:41am

Imran created ‘fake trust to whiten black money’: Tarar

ISLAMABAD: Special Assistant to Prime Minister (SAPM) on Interior Attaullah Tarar Sunday said that the Al-Qadir ...

Published 15 May, 2023 06:41am

Five Mepco officers suspended over violation of safety SOPs

MULTAN: Multan Electric Power Company (Mepco) administration has suspended five officers over violations of SOPs and...

Published 15 May, 2023 06:41am

Punjab CM says May 9 mayhem caused Rs6bn losses, vows strict action

LAHORE: Caretaker Chief Minister Punjab Mohsin Naqvi has said that terrorist incidents by miscreants took place on...

Published 15 May, 2023 06:41am

‘Industrial Open House’: GIKI students display 140 research projects

PESHAWAR: The final year students acquiring education in 11 disciplines of engineering and management sciences at...

Published 15 May, 2023 06:41am

PPP says will ‘fully’ participate in PDM’s sit-in

ISLAMABAD: Pakistan People’s Party (PPP), while announcing to fully participate in the PDM’s sit-in protest ...

Published 15 May, 2023 06:41am

Ministry includes Qurbani’s expenses in Hajj package: Senator Talha

ISLAMABAD: Minister for Religious Affairs and Interfaith Harmony Senator Muhammad Talha Mahmood on Sunday announced...

Published 15 May, 2023 06:41am

PHC CJ chairs full-court meeting

PESHAWAR: Chief Justice, Peshawar High Court (PHC), Justice Musarrat Hilali chaired a meeting, which was attended by...

Published 15 May, 2023 06:41am

State land worth Rs64m retrieved on orders of Ombudsman Punjab

LAHORE: The administrations of Kasur, Toba Tek Singh, Mianwali, Khanewal, Bahawalpur, Sargodha, Hafizabad, Jhang,...

Published 15 May, 2023 06:41am

GHQ attack: Over a dozen ‘rioters’ including women identified

ISLAMABAD: The law enforcement agencies have identified over a dozen rioters including women involved in a recent...

Published 15 May, 2023 06:41am

Planned sit-in: PDM seeks permission

ISLAMABAD: The ruling Pakistan Democratic Movement (PDM) on Sunday sought the Islamabad Capital Administration...

Published 15 May, 2023 06:41am

Rally held in Bajaur for solidarity with Pak Army

PESHAWAR: Bajaur Chamber of Commerce and Industry and tribal elders jointly organized on Sunday a rally to express...

Published 15 May, 2023 06:41am

4 of a family killed in Quetta clash

QUETTA: At least four people of a family killed and eight others including a woman sustained injuries in a clash...

Published 15 May, 2023 06:41am

A week of tumult ends quietly yesterday

LAHORE: A week of tumult in Pakistan ended quietly on Sunday as protests largely failed to materialise for former...

Published 15 May, 2023 06:41am

May 14 a historic day for Pakistan, democracy: Bilawal

ISLAMABAD/KARACHI: Chairman Pakistan Peoples Party and Foreign Minister Bilawal Bhutto-Zardari has said that May 14...

Published 15 May, 2023 06:41am

Rates

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (May 8 to 12,...

Published 15 May, 2023 06:41am

Rates

Automart: car prices in Karachi

Rates in the week ended Sunday May 14, 2023

Published 15 May, 2023 06:41am

Higher mark-up rates will drive economy to the verge of collapse: Saifullah

PESHAWAR: Former federal minister, Salim Saifullah Khan has said that the escalating mark-up rates are poised to ...

Published 15 May, 2023 06:41am

Money & Banking

HSBC, Scotiabank hit with US penalties for recordkeeping violations

WASHINGTON: US regulators hit units of Bank of Nova Scotia and HSBC Holdings with civil penalties for widespread...

Published 15 May, 2023 06:41am

Expert throws light on BoP woes

KARACHI: Going through the ‘balance sheet’ of Pakistan, historicallty speaking it is an insolvent country with...

Published 15 May, 2023 06:41am

Commodities

Peshawar: prices of food items show rising trend

PESHAWAR: Prices of essential food commodities like flour, vegetables, live chicken/ meat, beef, fruits, pulses and...

Published 15 May, 2023 06:41am

Letters

May 9 mayhem: there must be no political witch-hunt

Prime minister Shehbaz Sharif has set a 72-hour deadline for the arrest of all miscreants. Moreover, the army chief...

Published 15 May, 2023 06:41am

Muttaqi too clever by half

EDITORIAL: When it comes to the Pakistan-centric terror outfit, the so-called Tehreek-e-Taliban Pakistan (TTP), the...

Published 15 May, 2023 06:41am

Fiscal mismanagement

EDITORIAL: In these times of an extremely tight fiscal position where the federal government’s net revenues are ...

Published 15 May, 2023 06:41am

The cost of internet shutdown

During the political drama of last week, one of the many adversities faced by the general public was the banning of...

Published 15 May, 2023 06:41am

Dwindling forex reserves and bravado

Consumer Price Index rose to 36.4 percent in April - a rise of one percent from March 2023, 23.7 percent from March...

Updated 15 May, 2023 08:15am

Doing business in country ‘almost impossible’: Zahid

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

Published 15 May, 2023 06:41am

Cotton & Textile

Weekly Cotton Review: Prices remain stable amid lacklustre business

KARACHI: Previous week saw an overall stability in the rate of cotton. Business volume; however, remained extremely...

Published 15 May, 2023 06:41am

Commodities

Palm oil reverses losses on short covering

KUALA LUMPUR: Malaysian palm oil futures reversed early losses on Friday to record a second consecutive weekly rise,...

Published 15 May, 2023 06:41am

Money & Banking

Dollar holds gains, heads for biggest weekly rise since February

NEW YORK: The US dollar clung to modest gains against the euro on Friday and was headed for its biggest weekly gain...

Published 15 May, 2023 06:41am

Commodities

Gold on course for weekly drop on stronger dollar

NEW YORK: Gold prices fell to a one-week low on Friday, and are on track for a weekly dip, weighed down by a ...

Published 15 May, 2023 06:41am

Commodities

Demand blues push copper prices lower

LONDON: Copper prices hit their lowest level in more than five months on Friday as fears of slowing demand in top...

Published 15 May, 2023 06:41am

Stocks

European shares rise on Richemont earnings, energy boost

PARIS: European shares rose on Friday on upbeat results from luxury major Richemont and gains in energy stocks, ...

Published 15 May, 2023 06:41am

Stocks

China stocks fall

SHANGHAI: China stocks fell for a fourth straight session on Friday, as a clutch of weak economic data darkened the...

Published 15 May, 2023 06:41am

Commodities

Cocoa hits 6-1/2-year highs

NEW YORK/LONDON: Cocoa futures on ICE hit fresh 6-1/2-year highs on Friday as investors focused on concerns over...

Published 15 May, 2023 06:41am

Stocks

US indexes drop as consumer sentiment falls

NEW YORK: US stocks fell on Friday, led by weaker technology-related shares following their recent rally, as data...

Published 15 May, 2023 06:41am

Stocks

Wall Street Week Ahead: Amid banking woes, faltering US small-caps offer ominous economic sign

NEW YORK: A US stocks rally is leaving behind smaller companies, a sign that investors may be bracing for economic...

Published 15 May, 2023 06:41am

Energy

NTDC completes 500kV Thar-Matiari line in record time

LAHORE: The National Transmission and Despatch Company (NTDC) has completed the 500kV Thar-Matiari Transmission line...

Published 15 May, 2023 06:41am

FPCCI BMP urges govt to sharpen focus on economic agenda

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has asked the...

Published 15 May, 2023 06:41am

Rates

Futures spread declines 365bps

KARACHI: The futures spread declined by 365bps to 9.86 percent on last day of the outgoing week. Trading activities...

Published 15 May, 2023 06:41am

Previous Day

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BR30
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KSE30
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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 14	284.77
USD PKR Interbank Buying / Jul 14	284.52
USD to Japanese Yen / Jul 14	147.66
USD to Swiss Franc / Jul 14	0.80
Pound Sterling to USD / Jul 14	1.34
Euro to USD / Jul 14	1.17
UK LIBOR % / Jul 14	4.96

Stock	Volume
S&P 500 / Jul 14	6,268.56
India Sensex / Jul 14	82,253.46
Tokyo Nikkei / Jul 14	39,502.44
Nasdaq / Jul 14	20,640.33
Hang Seng / Jul 14	24,238.51
FTSE 100 / Jul 14	8,998.06
Dow Jones / Jul 14	44,459.65
Germany DAX 30 / Jul 14	24,160.64
France CAC40 / Jul 14	7,808.17

Item	Value
Crude Oil USD/Barrel / Jul 14	66.60
Karachi Cotton PKR/37.32 KG / Jul 14	16,585
Gold 10 Grams PKR / Jul 14	308,384
Gold Spot USD/Ounce / Jul 14	3,357.40
Cotton US¢/pound / Jul 14	67.96
Petrol/Litre / Jul 15	266.79
Diesel/Litre / Jul 15	272.98

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