News Archives for Print - 2023-06-09

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Print - 2023-06-09

US lawyer sorry after ChatGPT creates ‘bogus’ cases

NEW YORK: What happened when a US lawyer used ChatGPT to prepare a court filing? The artificial intelligence program...

Published 09 Jun, 2023 06:20am

Four children wounded in knife attack in French Alps

ANNECY, (France): A Syrian refugee armed with a knife stabbed four preschool children and injured two adults by a...

Published 09 Jun, 2023 06:20am

Telegraph titles, Spectator magazine set for sale over debt

LONDON: The Telegraph Media Group, the parent company of The Daily and Sunday Telegraph sister newspapers and The...

Published 09 Jun, 2023 06:20am

Zaka Ashraf leading race for PCB chairman

LAHORE: A change in the leadership of Pakistan Cricket Board (PCB) is quite evident as its former chairman Ch Zaka...

Published 09 Jun, 2023 06:20am

FPCCI board seeks 100bps cut in key policy rate

KARACHI: The Policy Advisory Board of FPCCI says inflation is cost-pushed and policy rates have proved to be an...

Published 09 Jun, 2023 06:20am

China striving to develop high-quality port at Gwadar: CG

KARACHI: The newly-appointed Consul General of China in Karachi Yang Yundong has said that China is striving for ...

Published 09 Jun, 2023 06:20am

OGDCL empowers athletes for Special Olympics World Games

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) continues its commitment to inclusivity and support for...

Published 09 Jun, 2023 06:20am

US, Saudi urge repatriation of IS militants, funds for Iraq, Syria

RIYADH: The United States pledged $148 million on Thursday for stabilisation efforts in Iraq and Syria as it joined...

Published 09 Jun, 2023 06:20am

Climate catastrophe: Sherry for allocation of adequate tech, financial resources

ISLAMABAD: Climate Change Minister Sherry Rehman has cautioned that Pakistan risks “falling into the trap of...

Published 09 Jun, 2023 06:20am

Severe cyclonic storm may escalate into cat-3 today

KARACHI: The very severe cyclonic storm “Biparjoy”, which is swirling over Southeast Arabian Sea, may escalate...

Published 09 Jun, 2023 06:20am

President for implementation of job quotas for PWDs

ISLAMABAD: President Dr Arif Alvi has emphasised the need for the implementation of job quotas for persons with...

Published 09 Jun, 2023 06:20am

ASEAN member states: Pakistan's policy of proactive engagement outlined

ISLAMABAD: Foreign Secretary Dr Asad Majeed Khan held a roundtable meeting with the resident ASEAN Heads of Missions...

Published 09 Jun, 2023 06:20am

Over 20 accords signed between Pakistan, Bangladesh: deputy HC

HYDERABAD: Deputy High Commissioner of Bangladesh, Karachi S M Mahbubul Alam said that Pakistan and Bangladesh have...

Published 09 Jun, 2023 06:20am

NA body directs Wapda to install telemetry system

ISLAMBAD: National Assembly Standing Committee on Water Resources has directed Water and Power Development Authority...

Published 09 Jun, 2023 06:20am

LHC directs govt to make Toshakhana record public

LAHORE: A division bench of the Lahore High Court (LHC) on Thursday directed the federal government to submit...

Published 09 Jun, 2023 06:20am

Legislators decry forced conversion of Hindu girl

KARACHI: Minority legislators on Thursday decried a Hindu teenage girl's "abduction" and her forced "conversion,"...

Published 09 Jun, 2023 06:20am

‘Criminal overtones, graft’ Judges matters can be referred to NAB: SAPM

ISLAMABAD: The Special Assistant to the Prime Minister on Accountability, Irfan Qadir, said on Thursday that issues...

Published 09 Jun, 2023 06:20am

JI demands Riba-free budget

LAHORE: Reminding the finance minister his words about abolishing the interest-based economy, Jamaat-e-Islami Emir...

Published 09 Jun, 2023 06:20am

IK appears before NAB in Al-Qadir Trust case

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairman and former premier Imran Khan on Thursday appeared before the...

Published 09 Jun, 2023 06:20am

Karachi Airport: GACA Saudi team satisfied with security systems: PCAA

KARACHI: The Saudi Arabia’s 8-member security delegation of General Aviation Civil Aviation (GACA) has completed...

Published 09 Jun, 2023 06:20am

Reasonable increase in salaries: FGCTA, AGEGA stage protest demo

ISLAMABAD: The Federal Government College Teachers Association (FGCTA) and other government employee associations...

Published 09 Jun, 2023 06:20am

Call to resolve long-lasting issues of Karachi immediately

KARACHI: S M Tanveer, UBG patron-in-chief and the Punjab Minister of Commerce, Industry pointed out that Karachi...

Published 09 Jun, 2023 06:20am

The Weather

KARACHI: The weather report on Thursday (June 08, 2023) and the forecast for Friday (June 09, 2023)...

Published 09 Jun, 2023 06:20am

What does Economic Survey lack?

Economic Survey 2022-23, unlike previous surveys, raises more questions of competence as opposed to credibility,...

Published 09 Jun, 2023 06:20am

IMF blamed for cutbacks in social services

ISLAMABAD: The federal government has blamed the International Monetary Fund (IMF) for cutbacks in social services...

Updated 09 Jun, 2023 10:39am

Balochistan CM says will boycott budget session

ISLAMABAD: Balochistan Awami Party (BAP) has decided to boycott budget session for fiscal year 2023-24. BAP chief...

Published 09 Jun, 2023 06:20am

Two policemen martyred in Mingora

SWAT: Two policemen were martyred while one security guard was critically injured on Thursday as unknown armed men...

Published 09 Jun, 2023 06:20am

SCBA demands recovery of advocate Rahi

ISLAMABAD: The Supreme Court Bar Association (SCBA) has demanded the recovery of advocate Riaz Hanif Rahi, who...

Published 09 Jun, 2023 06:20am

Economic Survey: Cumulative education expenditures estimated at 1.77pc of GDP

ISLAMABAD: The cumulative education expenditures by federal and provincial governments in fiscal year 2022 is...

Published 09 Jun, 2023 06:20am

US, Pakistan vow to continue close mutual partnership in health sector

ISLAMABAD: Pakistan and the United States (US) have vowed to continue close mutual partnership in the health sector...

Published 09 Jun, 2023 06:20am

Climate change: UAE’s presidency offers immense potential for global progress: Pakistan

ISLAMABAD: Pakistan, on Thursday, expressed its confidence that the UAE’s presidency of COP-28 offers immense...

Published 09 Jun, 2023 06:20am

Arshad’s mother urges SC to ask JIT to probe IK, ex-PTI ministers

ISLAMABAD: The mother of murdered journalist Arshad Sharif requested the Supreme Court to direct the joint...

Published 09 Jun, 2023 06:20am

Economic diplomacy key pillar of govt’s foreign policy: FO

ISLAMABAD: Foreign Office on Thursday said that economic diplomacy is a key pillar of Pakistan’s foreign policy ...

Published 09 Jun, 2023 06:20am

Senate body condemns May 9 mayhem

ISLAMABAD: The Senate standing committee on interior on Thursday condemned May 09 vandalism on state properties by...

Published 09 Jun, 2023 06:20am

IK granted bail in 10 cases

ISLAMABAD: The Islamabad High Court (IHC) on Thursday granted bail to Imran Khan, Chairman Pakistan Tehreek-e-Insaf...

Published 09 Jun, 2023 06:20am

Tareen launches ‘Istihkam-e-Pakistan Party’ with PTI defectors

LAHORE: Former Pakistan Tehreek-e-Insaaf leader Jahangir Khan Tareen Thursday formally announced the formation of a...

Published 09 Jun, 2023 06:20am

PARTLY FACETIOUS: But there is no revolving door with The Khan

“Oooops.” “It was the unkindest cut of all I tell you.” “Ali Zaidi and Imran Ismail at Tareen’s…but ...

Updated 09 Jun, 2023 06:46am

Every child will be screened for various diseases before 9th class exam

LAHORE: Announcing the launching of “School Health Screening Programme” to protect children from dangerous...

Published 09 Jun, 2023 06:20am

Neelum River tragedy: CM announces compensation

LAHORE: Heirs of 8 deceased youths of Ichra due to falling down of a jeep into river Neelum met with the Caretaker...

Published 09 Jun, 2023 06:20am

Climate change, debt, and inflation

“If you’ve been feeling confused and as though everything is impacting on you all at the same time, this is not ...

Updated 09 Jun, 2023 07:10am

40th PPP policy board meeting held: Yellow Line BRTS, other projects launched

KARACHI: The 40th Public Private Partnership (PPP) Policy Board meeting Thursday was held under the chairmanship of...

Published 09 Jun, 2023 06:20am

Budget-2023-24: Yet another ritualistic exercise

Majority of the Pakistanis are going to be dejected after hearing the second budget of the outgoing alliance...

Updated 09 Jun, 2023 07:00am

Letters

Helpless against inflation

The government can blame external factors like high commodity prices or IMF’s conditions like withdrawal of...

Published 09 Jun, 2023 06:20am

Stocks

Wall Street climbs as yields slip on jobless claims data

NEW YORK: The tech-heavy Nasdaq led gains on Wall Street on Thursday as a dip in Treasury yields supported megacap...

Published 09 Jun, 2023 06:20am

Stocks

China stocks rise on financials boost

SHANGHAI: China stocks rose on Thursday, led by financial and property shares, after big banks officially cut ...

Published 09 Jun, 2023 06:20am

11 killed, 30 wounded in blast at funeral in Afghanistan

FAIZABAD: At least 11 people were killed and 30 wounded by a blast Thursday at a funeral service for an Afghan ...

Published 09 Jun, 2023 06:20am

WFP welcomes €3.5m contribution from France to support flood affectees

ISLAMABAD: The United Nations World Food Programme (WFP) has welcomed a contribution of EUR 3.5 million from the...

Published 09 Jun, 2023 06:20am

Tessori lays foundation of City Council’s new building

KARACHI: Sindh Governor Kamran Khan Tessori on Thursday laid the foundation stone of the new building of the Council...

Published 09 Jun, 2023 06:20am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 09 Jun, 2023 06:20am

Stocks

Last date of renunciation/payment

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

Published 09 Jun, 2023 06:20am

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 09 Jun, 2023 06:20am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Thursday (June 08, 2023). ======================== Offer Price 1,326.1610 Bid...

Published 09 Jun, 2023 06:20am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Thursday (June 08, 2023). ========================...

Published 09 Jun, 2023 06:20am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Thursday (June 08, 2023). ========================...

Published 09 Jun, 2023 06:20am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (June 08, 2023). ========================== KIBOR...

Published 09 Jun, 2023 06:20am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Thursday (June 08, 2023)....

Published 09 Jun, 2023 06:20am

Rates

Equities plummet

KARACHI: Pakistan Stock Exchange on Thursday witnessed a bearish trend and closed in red zone as investors opted to...

Published 09 Jun, 2023 06:20am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 148,963 tonnes of cargo comprising 120,095 tonnes of import cargo and 28,868...

Published 09 Jun, 2023 06:20am

Rates

LME official prices

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

Published 09 Jun, 2023 06:20am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (June 08, 2023). ======================================= Offset...

Published 09 Jun, 2023 06:20am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (June 08, 2023)....

Published 09 Jun, 2023 06:20am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (June 08, 2023). ======================== Open Bid Rs...

Published 09 Jun, 2023 06:20am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (June 08, 2023)....

Published 09 Jun, 2023 06:20am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Thursday (June 08, 2023)....

Published 09 Jun, 2023 06:20am

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 09 Jun, 2023 06:20am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Thursday (June 08, 2023)....

Published 09 Jun, 2023 06:20am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (June 08, 2023). ==================================== BR...

Published 09 Jun, 2023 06:20am

Rates

BOARD MEETINGS

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

Published 09 Jun, 2023 06:20am

Rates

Board meetings in progress

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

Published 09 Jun, 2023 06:20am

Rates

Dividend/Bonus Announcements

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

Published 09 Jun, 2023 06:20am

Rates

Proposed right issues

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

Published 09 Jun, 2023 06:20am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Thursday (June 08, 2023). ======================== OFFER PRICE...

Published 09 Jun, 2023 06:20am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Thursday (June 08, 2023). ======================== OFFER PRICE...

Published 09 Jun, 2023 06:20am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Thursday (June 08, 2023). ======================== OFFER PRICE...

Published 09 Jun, 2023 06:20am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Thursday (June 08, 2023). ======================== OFFER PRICE ...

Published 09 Jun, 2023 06:20am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Thursday (June 08, 2023). ======================== OFFER PRICE 1,515.4644...

Published 09 Jun, 2023 06:20am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Thursday (June 08, 2023). ======================== OFFER PRICE...

Published 09 Jun, 2023 06:20am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Thursday (June 08, 2023). ======================== OFFER PRICE...

Published 09 Jun, 2023 06:20am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Thursday (June 08, 2023). ======================== OFFER PRICE...

Published 09 Jun, 2023 06:20am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Thursday (June 08, 2023). ======================== OFFER PRICE...

Published 09 Jun, 2023 06:20am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Thursday (June 08, 2023). ======================== OFFER PRICE...

Published 09 Jun, 2023 06:20am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Thursday (June 08, 2023). ======================== Offer Price...

Published 09 Jun, 2023 06:20am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Thursday (June 08, 2023). ======================== Offer Price...

Published 09 Jun, 2023 06:20am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Thursday (June 08, 2023). ======================== Offer ...

Published 09 Jun, 2023 06:20am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Thursday (June 08, 2023). ======================== Offer Price...

Published 09 Jun, 2023 06:20am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Thursday (June 08, 2023). ======================== Offer Price ...

Published 09 Jun, 2023 06:20am

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 09 Jun, 2023 06:20am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (June 08,...

Published 09 Jun, 2023 06:20am

Stalled bailout: IMF says govt has to satisfy it on 3 counts, starting with budget

These include restoring proper functioning of the FX market, passing a FY24 Budget consistent with programme objectives, and securing firm and credible financing commitments

Updated 09 Jun, 2023 08:56am

Dar defends 0.29pc growth rate

ISLAMABAD: While unveiling the Economic Survey 2022-23, a day before the budget, Finance Minister Ishaq Dar dwelt on...

Updated 09 Jun, 2023 08:57am

Tax exemptions cost exchequer over Rs2.23trn

Cost of tax exemptions registered a growth of 27.43 per cent during 2022-23 as compared to tax expenditure in 2021-22

Updated 09 Jun, 2023 02:49pm

Policy rate hike couldn’t arrest inflation rise

Commodities

Gold slightly lower

KARACHI: Gold prices on Thursday inched down on the local market, but silver stood unchanged, traders said. Gold was...

Published 09 Jun, 2023 06:20am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 28	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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