News Archives for Print - 2023-06-29

<<>>

Print - 2023-06-29

Prigozhin aimed to capture Russian generals: report

WASHINGTON: Wagner army chief Yevgeny Prigozhin aimed to detain the heads of the Russian military in last week’s...

Published 29 Jun, 2023 04:19am

France braces for protests after ‘unforgivable’ police shooting

PARIS: France braced for more angry protests Wednesday after the killing of a teenager by police during a traffic...

Published 29 Jun, 2023 04:19am

Companies

Nissan installed camera to monitor No. 2’s home

TOKYO: Nissan installed a camera surveillance system at the home of former executive Ashwani Gupta so the...

Published 29 Jun, 2023 04:19am

Trump heard discussing secret documents on tape

WASHINGTON: Former US president Donald Trump can be heard discussing secret documents he had apparently held on to...

Published 29 Jun, 2023 04:19am

Eid festivities and monsoon season: KE advises caution

KARACHI: KE requested citizens to be vigilant and maintain best and safe practices during the Eid celebrations and...

Published 29 Jun, 2023 04:19am

CM, ACE praised for probing ‘corruption’ in ‘PU Town 3’

LAHORE: The Executive Committee of Punjab University Council of Professionals (PU CoPs) including its members of...

Published 29 Jun, 2023 04:19am

‘Increase in policy rate to further damage investment climate’

KARACHI: Former State minister and former chairman Board of Investment Muhammad Azfar Ashan has said that increase ...

Published 29 Jun, 2023 04:19am

The Weather

KARACHI: The weather report on Wednesday (June 28, 2023) and the forecast for Thursday (June 29, 2023)...

Published 29 Jun, 2023 04:19am

China, Pakistan sign agreement to co-build ‘Chuyi Workshop’

BEIJING: China’s Hunan Chemical Vocational Technology College (HCVTC) and Infinity School of Engineering, Pakistan...

Published 29 Jun, 2023 04:19am

Energy

Asia Naphtha, Gasoline-Naphtha margin gains as crude weakens

NEW DELHI: Asia’s naphtha refining profit margin rose for a second day on Wednesday after oil benchmarks weakened...

Published 29 Jun, 2023 04:19am

‘I know something I won’t tell’

I wonder why this trend of ‘I know something extremely important, but I’m not telling anything’ is all the ...

Published 29 Jun, 2023 04:19am

An indecent rendezvous–I

Americans since the Kennedy years have been in romance with India. The credit for this goes to Jawaharlal Nehru’s...

Published 29 Jun, 2023 04:19am

Letters

Criticality of increased inward FDI flows

This apropos a Business Recorder op-ed “Country perception and FDI” carried by the newspaper recently. The...

Published 29 Jun, 2023 04:19am

BNP mulling withdrawing support to ruling coalition?

QUETTA: The Balochistan National Party (BNP), a main ally of the ruling coalition, is reportedly upset with the...

Published 29 Jun, 2023 04:19am

Commodities

Gold prices up Rs1800/tola

****KARACHI: Gold prices on Wednesday made a big recovery on the local market, traders said.** Gold prices grew by...

Published 29 Jun, 2023 04:19am

KMC finalises arrangements for Eid prayers at Polo Ground

KARACHI: The arrangements for Eidul Azha prayer have been completed in the Polo Ground managed by KMC. The Eid...

Published 29 Jun, 2023 04:19am

Energy

Asia Fuel Oil-Spot 180-cst HSFO trades at steeper discounts

SINGAPORE: The spot 180-cst high sulphur fuel oil (HSFO) market sank into steeper discounts on Wednesday, after the...

Published 29 Jun, 2023 04:19am

Grains

Corn near five-week low, soybeans fall on US rains

SINGAPORE: Chicago corn lost more ground on Wednesday, while soybeans slid for a second session as forecasts of ...

Published 29 Jun, 2023 04:19am

Commodities

Copper sinks on weak China industrial profits

LONDON: Copper prices stumbled on Wednesday to the lowest in over three weeks on concern about weak industrial...

Published 29 Jun, 2023 04:19am

Commodities

Live cattle futures end higher, lean hogs end mixed

CHICAGO: Chicago Mercantile Exchange live cattle futures rose on Tuesday, rallying after two-session slide as corn...

Published 29 Jun, 2023 04:19am

Nine of a family massacred in Malakand

MALAKAND: As many as nine members of a family were gunned down inside their house over a domestic dispute in ...

Published 29 Jun, 2023 04:19am

PML-N leader demands action against ‘launchers’ of ‘Project Chairman PTI’

LAHORE: Federal Minister and PML-N leader Mian Javed Latif said on Wednesday that general elections in the country...

Published 29 Jun, 2023 04:19am

Khosa house attacker arrested

LAHORE: Lahore police have arrested the main culprit of the firing incident at Advocate Latif Khosa’s House. The...

Published 29 Jun, 2023 04:19am

Ex-minister, city mayor held at Swat

SWAT: The authorities on Wednesday arrested PTI former Khyber Pakhtunkhwa minister Dr Amjad Ali and city mayor ...

Published 29 Jun, 2023 04:19am

3 terrorists killed in Bajaur: ISPR

RAWALPINDI: Security forces conducted an Intelligence Based Operation in general area Inayat Qilla, Bajaur District...

Published 29 Jun, 2023 04:19am

May 9 mayhem: 17 army officers removed through an administrative action: Khaqan

ISLAMABAD: Former prime minister and PML-N leader Shahid Khaqan Abbasi has maintained that sacking of 17 army...

Published 29 Jun, 2023 04:19am

Pre-monsoon rains: KP PDMA issues guidelines

PESHAWAR: Keeping in view more pre-monsoon rains, the Provincial Disaster Management Authority (PDMA) Khyber...

Published 29 Jun, 2023 04:19am

Senate chief’s perks: Sanjrani defends controversial bill

ISLAMABAD: Senate Chairman Sadiq Sanjrani has presented himself for accountability after resigning from his office...

Updated 29 Jun, 2023 09:13am

‘Appointment of ineligible person’: LHC issues notices to PM, others

ISLAMABAD: Lahore High Court (LHC) has issued notices to Prime Minister Shehbaz Sharif, Secretaries Establishment...

Updated 29 Jun, 2023 09:12am

LHC asks SNGPL CEO to resume office, assails board

LAHORE: The Lahore High Court (LHC) allowing a petition of Chief Executive Officer of Sui Northern Gas Pipelines...

Updated 29 Jun, 2023 03:24pm

Eid-ul-Azha today

LAHORE: Eid-ul-Azha will be celebrated with religious fervour on Thursday (today) to commemorate the great sacrifice...

Updated 29 Jun, 2023 09:11am

Grains

Ukraine 2023 wheat harvest may far exceed official outlook

KYIV: Ukraine’s 2023 wheat harvest may far exceed official expectations of 17 million metric tons and reach at...

Published 29 Jun, 2023 04:19am

Commodities

Japanese rubber futures fell

SINGAPORE: Japanese rubber futures fell on Wednesday after a brief Bounce in the previous session, as contracting...

Published 29 Jun, 2023 04:19am

Grains

Canadian farmers plant most wheat in 22 years, more than expected

WINNIPEG: Canadian farmers seeded the most wheat in 22 years, slightly more than expected, and also planted more...

Published 29 Jun, 2023 04:19am

Commodities

Palm rebounds more than 2pc as rival edible oils strengthen

SINGAPORE: Malaysian palm oil futures ended at a more than one-week high on Wednesday, rebounding from the previous...

Published 29 Jun, 2023 04:19am

Energy

US crude, gasoline inventories likely fell last week

NEW YORK: U.S. crude oil and gasoline stockpiles were seen declining last week, while distillate inventories likely...

Published 29 Jun, 2023 04:19am

Commodities

London cocoa hits new 46-year high

LONDON: London cocoa futures on ICE hit their highest since the 1970s on Wednesday, scaling the landmark peak for ...

Published 29 Jun, 2023 04:19am

Commodities

Gold retreats on bets for hawkish Fed strategy

NEW YORK: Gold prices extended their slide on Wednesday to hit their lowest in 3-1/2 months on bets for interest...

Published 29 Jun, 2023 04:19am

Commodities

Dalian iron ore narrows gains on weak China industrial data

BEIJING: Dalian iron ore futures narrowed gains on Wednesday, as some investors retreated to the sidelines on weak...

Published 29 Jun, 2023 04:19am

Taxes

Pogressive taxation: Punjab govt reviewing mechanism, AIT rates

LAHORE: To make Agriculture Income Tax (AIT) more meaningful in the total provincial revenue collection, the Punjab...

Published 29 Jun, 2023 04:19am

Companies

Mondelez Pakistan partners with Nutshell Communications

KARACHI: Mondelez Pakistan Limited signed a communications and strategic engagements partnership agreement with...

Published 29 Jun, 2023 04:19am

Pacra reaffirms credit rating of PMIC

ISLAMABAD: The Pakistan Credit Rating Agency (Pacra) has maintained the long term and short term entity ratings of...

Published 29 Jun, 2023 04:19am

Need for better ‘track and trace’ system underscored to ensure provision of fertilizers at official rates

LAHORE: Agriculture Republic, a think tank for brainstorming on issues faced by the agricultural sector, has...

Published 29 Jun, 2023 04:19am

Taxes

Tax authorities pass assessment orders on incorrect assumptions?

LAHORE: Departmental store owners have alleged that the income tax authorities pass the assessment orders without...

Published 29 Jun, 2023 04:19am

CPEC: An ongoing journey

EDITORIAL: CPEC’s (China Pakistan Economic Corridor’s) 10-year journey has no doubt been one of game-changing...

Published 29 Jun, 2023 04:19am

CSR, a drop in the ocean of social needs?

EDITORIAL: Former chief justice of Pakistan Tassaduq Hussain Jillani made an interesting point about corporate ...

Published 29 Jun, 2023 04:19am

PKR to come under more pressure in absence of IMF bailout: PBF

KARACHI: Pakistan Business Forum (PBF) says rupee will likely to come under immense pressure in the first quarter of...

Published 29 Jun, 2023 04:19am

Industry

Punjab governor underscores need for enhancing trade with Turkiye

LAHORE: Punjab Governor Muhammad Balighur Rehman has stressed the need to further expand bilateral trade with...

Published 29 Jun, 2023 04:19am

Amendments enacted by Finance Act, 2023 vis-à-vis those proposed in Finance Bill 2023–II

SALES TAX
INCREASE IN RATE OF FURTHER TAX

Published 29 Jun, 2023 04:19am

Industry

Using modern tech, quality seeds crucial to boost agri production: RRDB chairman

LAHORE: Chairman Rice Research and Development Board (RRDB) Government of Punjab Shahzad Ali Malik on Wednesday said...

Published 29 Jun, 2023 04:19am

Industry

Nighat Awan made KATI acting president

KARACHI: In a recent development, Nighat Awan, Senior Vice President of the Korangi Association of Trade and ...

Published 29 Jun, 2023 04:19am

Industry

Agri and allied engineering sector: FCCI keen to resolve issues at provincial level

FAISALABAD: Most of the problems confronted by the agriculture and allied engineering sector are genuine but at this...

Published 29 Jun, 2023 04:19am

Business community leader urges IMF to unlock bailout

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

Published 29 Jun, 2023 04:19am

Companies

‘Sectors and Themes’: ADB appoints Yasmin as VP

ISLAMABAD: The Asian Development Bank (ADB) has appointed Fatima Yasmin as Vice-President for Sectors and Themes for...

Published 29 Jun, 2023 04:19am

July-June (2022-23): Rs496bn shortfall in collection

Taxes

PM says PIA will only progress if administrative experts run it professionally

Updated 29 Jun, 2023 03:21pm

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
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
Cotton US¢/pound / Jun 14	67.84
Petrol/Litre / Jun 15	253.63
Diesel/Litre / Jun 15	254.64

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

Markets →

Most Popular