News Archives for Print - 2023-08-19

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Print - 2023-08-19

Pakistan’s journey since Independence

Pakistan celebrated its 76th independence day amidst nationwide fanfare, coinciding with a change of government in...

Published 19 Aug, 2023 06:59am

Obscurantism on the march

EDITORIAL: What happened in Jaranwala town in Faisalabad district on Wednesday is beyond shame. A violent mob...

Published 19 Aug, 2023 06:51am

Ominous start to new (fiscal) year

EDITORIAL: A 19.3 percent year-on-year drop in remittances in July isn’t exactly how the outgoing government...

Published 19 Aug, 2023 06:46am

Indian colleges told to suicide-proof rooms after student deaths

NEW DELHI: A spate of student suicides in an Indian city has prompted local authorities to order that college ...

Published 19 Aug, 2023 06:36am

PTA, PITB inaugurate IXP to boost digital connectivity

LAHORE: The Pakistan Telecommunication Authority (PTA) and the Punjab Information Technology Board (PITB) on Friday...

Published 19 Aug, 2023 06:36am

South Africa women’s series: Nahida Khan appointed manager of Cricket team

LAHORE: Former international cricketer Nahida Khan has been appointed as the manager of Pakistan women’s team for...

Published 19 Aug, 2023 06:36am

PBC, IBC assail ECP’s decision

ISLAMABAD: The Pakistan Bar Council (PBC) and Islamabad Bar Council (IBC) condemned the Election Commission of...

Published 19 Aug, 2023 06:36am

PPPP urges ECP to hold polls within designated timeframe

ISLAMABAD: Pakistan People’s Party-Parliamentarian (PPPP) Vice President Senator Sherry Rehman responded to the...

Published 19 Aug, 2023 06:36am

Two Christian brothers arrested

LAHORE: Police have arrested two Christian brothers accused of blasphemy, a spokesperson and a source said on ...

Published 19 Aug, 2023 06:36am

Domki sworn in as interim Balochistan CM

QUETTA: Governor Balochistan Malik Abdul Wali Kakar on Friday administered the oath to caretaker Chief Minister of...

Published 19 Aug, 2023 06:36am

Qureshi briefs diplomats about IK’s ‘ordeal’

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) has once again become active on the diplomatic front, as party vice...

Published 19 Aug, 2023 06:36am

Major reshuffle in bureaucracy

KARACHI: Major changes were made to the top cadres of the bureaucracy on Friday, hours after the interim cabinet’s...

Published 19 Aug, 2023 06:36am

PTM agreed to change rally venue: Bugti

ISLAMABAD: The caretaker Interior Minister, Sarfaraz Ahmed Bugti, on Friday, said that Pashtun Tahaffuz Movement...

Published 19 Aug, 2023 06:36am

PTI says concerned at ‘denial’ of basic facilities to IK

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) core committee on Friday expressed profound concerns over the continued...

Published 19 Aug, 2023 06:36am

Sami Saeed assumes charge as caretaker planning minister

ISLAMABAD: Muhammad Sami Saeed, a retired bureaucrat on Friday assumed charge as the caretaker Federal Minister for...

Published 19 Aug, 2023 06:36am

Rape, murder case: Accused handed over to police for identification parade

ISLAMABAD: A local court, on Friday, handed over the accused who had allegedly raped and murdered an eight-year-old...

Published 19 Aug, 2023 06:36am

High commissioner to UK meets Nawaz

LONDON: The newly appointed Pakistan’s High Commissioner to the UK, Dr Muhammad Faisal called on former prime...

Published 19 Aug, 2023 06:36am

Death toll in rain-related incidents has mounted to 211 across country: NDMA

ISLAMABAD: The death toll from devastating floods triggered by monsoon has reached 211 in the country and injuries ...

Published 19 Aug, 2023 06:36am

CM, Christian leaders discuss Jaranwala incident

LAHORE: A delegation representing the Christian community's leaders held a significant meeting with caretaker Chief...

Published 19 Aug, 2023 06:36am

Case registered against UK-based social media activist

ISLAMABAD: The city police have registered a case against Shayan Ali, a UK-based social media activist for harassing...

Published 19 Aug, 2023 06:36am

British HC calls on caretaker FM

ISLAMABAD: British High Commissioner to Pakistan Jane Marriott on Friday called on the caretaker Foreign Minister,...

Published 19 Aug, 2023 06:36am

Ban on new arms licenses

ISLAMABAD: The caretaker government, on Friday, imposed a ban on the issuance of new arms licenses. The caretaker...

Published 19 Aug, 2023 06:36am

US CG pays farewell call on Punjab’s CM, governor

LAHORE: The US Consul General, William K Makaneole, paid a farewell call to the Punjab caretaker Chief Minister...

Published 19 Aug, 2023 06:36am

President enhances penalty for workplace harassment

ISLAMABAD: President Dr Arif Alvi has enhanced the penalty for workplace harassment, imposed upon the Director for...

Published 19 Aug, 2023 06:36am

People-to-people contacts increasing: Chinese CG

KARACHI: The Chinese Consul General in Karachi Yang Yundong has said that people-to-people contacts between Pakistan...

Published 19 Aug, 2023 06:36am

Murtaza Solangi applauds Marriyum for running Ministry in best manner

ISLAMABAD: Caretaker Minister for Information Murtaza Solangi visited the residence of former Member of National...

Published 19 Aug, 2023 06:36am

Mayor Karachi meets Bilawal

KARACHI: Bilawal Bhutto Zardari, the Chairman of the Pakistan People’s Party (PPP), Friday held a meeting with...

Published 19 Aug, 2023 06:36am

JI for probe into Jaranwala tragedy

KARACHI: Jamaat-e-Islami (JI) Karachi on Friday asked the government to step up its probe into Jaranwala tragedy to...

Published 19 Aug, 2023 06:36am

‘SLIC to cooperate with Punjab govt for universal health insurance plan’

LAHORE: State Life Insurance Company (SLIC) Chairman Shoaib Javed Hussain said on Friday that SLIC will fully...

Published 19 Aug, 2023 06:36am

Umar Saif assumes charge as caretaker IT & Telecom minister

ISLAMABAD: Dr Umar Saif assumed charge as the caretaker Federal Minister for Information Technology,...

Published 19 Aug, 2023 06:36am

3,885 search operations conducted by Lahore police: CCPO

LAHORE: The Lahore police carried out 3,885 intelligence-based search operations during the current year 2023 to...

Published 19 Aug, 2023 06:36am

Punjab govt plans to set up ‘meat zone’ in Cholistan

LAHORE: The Punjab government has decided to set up a ‘meat zone’ in Cholistan area aiming at promoting export ...

Published 19 Aug, 2023 06:36am

Week-long training programme held at HU

KARACHI: In an effort to further improve the quality of teaching on its campuses, the Hamdard University (HU) held a...

Published 19 Aug, 2023 06:36am

Caretaker cabinet to be formed soon: Sindh CM

KARACHI: Caretaker Sindh Chief Minister former Justice Maqbool Baqar on Friday said that he would select a small...

Published 19 Aug, 2023 06:36am

The Weather

KARACHI: The weather report on Friday (August 18, 2023) and the forecast for Saturday (August 19, 2023)...

Published 19 Aug, 2023 06:36am

Rates

Stocks drift lower

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

Published 19 Aug, 2023 06:36am

Energy

Progressive Group calls for reforms in energy sector

LAHORE: The Progressive Group has called for the immediate introduction of reforms in the energy sector to make it...

Published 19 Aug, 2023 06:36am

Energy

Need stressed to discover untapped gas reserves

KARACHI: In a pressing call to action, Sheikh Umer Rehan, former president of the Korangi Association of Trade and...

Published 19 Aug, 2023 06:36am

Energy

July petroleum group imports witness negative growth of 44.89pc YoY

ISLAMABAD: Petroleum group imports witnessed a negative growth of 44.89 percent during the first month (July) of the...

Published 19 Aug, 2023 06:36am

Letters

Elections on time!

Interestingly, some Pakistan People’s Party (PPP) leaders, among others, have been urging the prime minister...

Published 19 Aug, 2023 06:36am

PARTLY FACETIOUS: The First Daughter concept

“It is high time the US acknowledges Pakistan’s lead.” “Really, in which area? Self-destruct or…”...

Published 19 Aug, 2023 06:36am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (August 18, 2023). ======================== Open Bid Rs...

Published 19 Aug, 2023 06:36am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (August 18, 2023)....

Published 19 Aug, 2023 06:36am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (August 18, 2023)....

Published 19 Aug, 2023 06:36am

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 19 Aug, 2023 06:36am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Friday (August 18, 2023)....

Published 19 Aug, 2023 06:36am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 19 Aug, 2023 06:36am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (August 18, 2023). ==================================== BR...

Published 19 Aug, 2023 06:36am

Stocks

Electronic/credit of dividend warrants/bonus/right share certificates

KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates....

Published 19 Aug, 2023 06:36am

Rates

BOARD MEETINGS

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

Published 19 Aug, 2023 06:36am

Rates

Dividend/Bonus Announcements

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

Published 19 Aug, 2023 06:36am

Rates

Proposed right issues

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

Published 19 Aug, 2023 06:36am

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 19 Aug, 2023 06:36am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Friday (August 18, 2023). ======================== Offer Price...

Published 19 Aug, 2023 06:36am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Friday (August 18, 2023). ======================== Offer Price...

Published 19 Aug, 2023 06:36am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Friday (August 18, 2023). ======================== Offer ...

Published 19 Aug, 2023 06:36am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Friday (August 18, 2023). ======================== Offer Price...

Published 19 Aug, 2023 06:36am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Friday (August 18, 2023). ======================== Offer Price ...

Published 19 Aug, 2023 06:36am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Friday (August 18, 2023). ======================== Offer Price 1,374.0453 Bid...

Published 19 Aug, 2023 06:36am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Friday (August 18, 2023). ========================...

Published 19 Aug, 2023 06:36am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Friday (August 18, 2023). ========================...

Published 19 Aug, 2023 06:36am

Caretaker setup to ensure fiscal discipline: PM

Caretaker Prime Minister Anwar-ul-Haq Kakar says will try to ensure the sanctity of taxpayers’ money

Updated 19 Aug, 2023 09:50am

July FDI up 17.3pc to $87.7m YoY

KARACHI: The foreign direct investment (FDI) in July has increased by 17.3 percent on year-on-year basis to $87.7...

Updated 19 Aug, 2023 03:23pm

Shamshad for innovative approach to documenting untaxed sectors

Caretaker Finance Minister emphasises on devising strategies to further enhance the tax-to-GDP ratio and broaden the tax base to maximize revenue collection

Updated 19 Aug, 2023 04:56pm

Gohar assumes charge with $80bn export goal on mind

ISLAMABAD: Renowned industrialist Gohar Ejaz on Friday assumed the charge as caretaker Federal Minister for Commerce...

Updated 19 Aug, 2023 03:24pm

EU starts probe on Indonesian biodiesel avoiding import duties

BRUSSELS: The European Union said on Thursday it had launched an investigation into whether biodiesel from Indonesia...

Updated 19 Aug, 2023 09:55am

SPI inflation up 0.78pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI)-based inflation for the week ended August 17, 2023, increased by 0.78...

Updated 19 Aug, 2023 09:55am

July C/A deficit stands at $809m

KARACHI: Pakistan’s current account deficit stood at $809 million in July 2023 as compared to a deficit of $1.261...

Updated 19 Aug, 2023 10:01am

Holding polls ECP’s responsibility, govt’s job to assist it: Solangi

ISLAMABAD: The federal cabinet in its first meeting on Friday said that revamping the economy is the top priority of...

Updated 19 Aug, 2023 08:59am

Over 80 Christian homes, 19 churches vandalized

LAHORE: More than 80 Christian homes and 19 churches in Pakistan were vandalised when a mob rampaged through the...

Updated 19 Aug, 2023 08:43am

July textile group exports decline 11.44pc YoY

ISLAMABAD: The country’s textile group exports declined by around 11.44 per cent during the first month (July) of...

Updated 19 Aug, 2023 09:56am

FBR directs cement makers to start implementing ‘T&TS’

ISLAMABAD: The Federal Board of Revenue (FBR) has directed cement manufacturers to start implementation of the Track...

Updated 19 Aug, 2023 09:48am

Sindh fixes sugarcane minimum price at Rs425/ maund

KARACHI Agriculture, Supply & Prices Department, Government of Sindh, has fixed the minimum price of Sugarcane @...

Updated 19 Aug, 2023 09:50am

Without recovery notice: ATIR allows admission of fresh stay applications

KARACHI: Appeals Tribunal Inland Revenue (ATIR) has now allowed the admission of fresh stay applications without...

Updated 19 Aug, 2023 08:44am

Court backs majority owner of KE holding firm over board tussle

KARACHI: Minority shareholders in an offshore holding company that owns most of K-Electric have been ordered to...

Updated 19 Aug, 2023 09:16am

Companies

1H of 2023: ABL’s PAT soars 153pc to Rs17,443m YoY

KARACHI: Allied Bank Limited (ABL) remained cognizant of the high downside risks to the economic and operating...

Updated 19 Aug, 2023 10:00am

Q4FY23: Punjab debt soars Rs55.3bn due to PKR depreciation

LAHORE: The Punjab government’s total debt, local and external, has witnessed a jump of Rs 55.3 billion in the last...

Updated 19 Aug, 2023 03:23pm

SECP notifies draft amendments to listed companies

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has revised law for creating a conducive...

Published 19 Aug, 2023 06:36am

‘ADB committed to continue support economic revival’

LAHORE: Asian Development Bank (ADB) is committed to continue to support Pakistan's economic revival and development...

Updated 19 Aug, 2023 09:57am

Energy

Zero Carbon, KMLG ink deal to install on-grid solar plant

LAHORE: Zero Carbon (Pvt.) Ltd a leading provider of solar solutions, inked a deal with Kohinoor Maple Leaf Group at...

Published 19 Aug, 2023 06:36am

Uzbek-Pak trade volume reaches $180m so far this year: envoy

KARACHI: Uzbekistan Ambassador Oybek Arif Usmanov has informed that trade between Uzbekistan and Pakistan has...

Updated 19 Aug, 2023 09:55am

Pre-departure briefing programme for outgoing workers launched

KARACHI: The Executive Director State Bank of Pakistan (SBP) Akhtar Javed and Director General, Bureau of Emigration...

Published 19 Aug, 2023 06:36am

Taxes

PRA raids two beauty salons for recovery of sales tax

LAHORE: The Punjab Revenue Authority (PRA) raided two leading beauty salons in posh area of Gulberg on Friday to...

Published 19 Aug, 2023 06:36am

Commodities

Gold prices gain

KARACHI: Gold prices on Friday inched up with silver staying unchanged on the local market, traders said. Gold...

Published 19 Aug, 2023 06:36am

Customs authorities accused of detaining vehicles purchased after due verification

LAHORE: Customs authorities are accused of detaining and seizing lawful vehicles duly purchased after...

Published 19 Aug, 2023 06:36am

Resolving gas supply issues top priority, SNGPL tells APTMA

LAHORE: Managing Director Sui Northern Gas Pipelines Ltd (SNGPL) Amer Tufail has assured All Pakistan Textile Mills...

Published 19 Aug, 2023 06:36am

BoP described as ‘biggest’ challenge facing country

LAHORE: President Pakistan Ex-Service Persons Society, Chairman Pakistan China Trade and President Pakistan Youth...

Published 19 Aug, 2023 06:36am

Gas shortages: MD SSGC spells out long-term solution

KARACHI: Safe and secured environment, availability of infrastructure, trade facilitation and reducing the cost of...

Published 19 Aug, 2023 06:36am

There’s no circular debt settlement plan as yet: OGDCL

ISLAMABAD: The Board of Directors of the Oil and Gas Development Company Limited (OGDCL) stated that media reports...

Published 19 Aug, 2023 06:36am

June ITeS export remittances decline 5pc to $214m MoM

ISLAMABAD: Pakistan’s IT and IT-enabled Services (ITeS) export remittances declined by around five percent on a...

Published 19 Aug, 2023 06:36am

Money & Banking

Sindh Bank programme: IBP gives certificates to high achievers

KARACHI: Riaz Nazarali Chanara, Chief Executive of the Institute of Bankers Pakistan (IBP), along with Muhammed...

Published 19 Aug, 2023 06:36am

Industry

FPCCI greets appointment of Gohar as commerce minister

KARACHI: Muhammad Suleman Chawla, Acting President Federation of Pakistan Chambers of Commerce and Industry (FPCCI),...

Published 19 Aug, 2023 06:36am

Companies

PPL receives first Digital Technology Award by ICAP

KARACHI: In a preeminent event organised by Institute of Charted Accountants of Pakistan (ICAP), Pakistan Petroleum...

Published 19 Aug, 2023 06:36am

Companies

Khurrum Ashfaque appointed CEO of Telenor Pakistan

ISLAMABAD: The Board of Directors of Telenor Pakistan has appointed Khurrum Ashfaque as the chief executive officer...

Published 19 Aug, 2023 06:36am

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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