News Archives for Print - 2023-09-28

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Print - 2023-09-28

Tight security as team arrives in India for Cricket World Cup

HYDERABAD: Cricket team arrived in arch-rivals India on Wednesday under tight security ahead of the seven-week long...

Published 28 Sep, 2023 05:33am

Top cricketers get huge pay rise with new contracts

LAHORE: The Pakistan Cricket Board (PCB) Wednesday confirmed that it has successfully negotiated a three-year ...

Published 28 Sep, 2023 05:33am

Right of Access to Information: SC reserves verdict on plea that has raised some ‘complex’ questions

ISLAMABAD: The Supreme Court reserved its judgment on a plea seeking information about the total number of apex ...

Published 28 Sep, 2023 05:33am

Newspaper holiday

KARACHI: Sarmad Ali, Secretary General of the All Pakistan Newspapers Society has announced that the member...

Published 28 Sep, 2023 05:33am

The Weather

KARACHI: The weather report on Wednesday (September 27, 2023) and the forecast for Thursday (September 28, 2023)...

Published 28 Sep, 2023 05:33am

New chairman highlights BISP’s praiseworthy role

ISLAMABAD: Newly appointed Chairperson Benazir Income Support Programme (BISP) Dr Amjad Saqib has said that BISP’s...

Published 28 Sep, 2023 05:33am

Letters

Army chief deserves a lot of praise

The army chief deserves a lot of praise for inviting the religious leaders of Christian community to the GHQ to give...

Published 28 Sep, 2023 05:33am

Faizabad Dharna: Pemra files plea to withdraw review petition against court’s judgment

ISLAMABAD: The Pakistan Electronic Media Regulatory Authority (Pemra), on Wednesday, filed an application in the...

Published 28 Sep, 2023 05:33am

Power sector controversy: take-or-pay contracts

Energy prices have increased tremendously which has created controversy and unrest in the country. IPP contracts are...

Published 28 Sep, 2023 05:33am

Quintessential Riyal Politik

Saudi crown prince and de facto ruler Mohammad bin Salman’s recent interview to Fox TV was a classing exercise in...

Published 28 Sep, 2023 05:33am

Climate change: Pakistan ranked 18 out of 191 in terms of vulnerability

ISLAMABAD: Pakistan is the highest change vulnerable in terms of climate change and is ranked 18 out of 191 counters...

Published 28 Sep, 2023 05:33am

PARTLY FACETIOUS: In Pakistan one man’s Brutus is another’s Antony

“The fault is not in our stars but in ourselves that we are underlings.” “Yep that’s a much cited quote from...

Published 28 Sep, 2023 05:33am

Stocks

European shares fall as real estate stocks tumble

PARIS: European shares fell for a fifth day in a row on Wednesday, with real estate stocks hammered by bearish...

Published 28 Sep, 2023 05:33am

Stocks

Wall Street dips as Treasury yields resume uptrend

NEW YORK: Wall Street’s main indexes slipped in choppy trading on Wednesday as Treasury yields rose modestly, ...

Published 28 Sep, 2023 05:33am

Stocks

China stocks close slightly higher on recovery signs

SHANGHAI: China stocks edged up at close on Wednesday, after data showed declines in industrial profits were easing...

Published 28 Sep, 2023 05:33am

Stocks

Indian shares recover to end higher

BENGALURU: Indian shares shrugged off a weak start to finish slightly higher on Wednesday, as a recovery in global...

Published 28 Sep, 2023 05:33am

Stocks

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

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

Published 28 Sep, 2023 05:33am

Stocks

Last date of renunciation/payment

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

Published 28 Sep, 2023 05:33am

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 28 Sep, 2023 05:33am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (September 27, 2023)....

Published 28 Sep, 2023 05:33am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Wednesday (September 27, 2023). ==========================...

Published 28 Sep, 2023 05:33am

PFA discards 6,000 litres of spurious drinks

LAHORE: The Punjab Food Authority (PFA) on Wednesday unearthed fake beverages manufacturing unit producing ...

Published 28 Sep, 2023 05:33am

56,000 schools shut in Punjab over eye virus outbreak

LAHORE: More than 56,000 schools will shut for the rest of the week in a bid to curb a mass outbreak of a contagious...

Published 28 Sep, 2023 05:33am

Meta unveils strategy aimed at protecting election integrity

ISLAMABAD: Meta, formerly known as Facebook, on Wednesday unveiled its strategy to protect general election...

Published 28 Sep, 2023 05:33am

Taxes

SC tells FBR: All notifications must be gazetted and placed on website

ISLAMABAD: The Supreme Court has directed the Federal Board of Revenue (FBR) to ensure that all its notifications...

Published 28 Sep, 2023 05:33am

PTI takes exception to PM’s statements

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI), on Wednesday, lambasted the caretaker Prime Minister, Anwaar-ul-Haq ...

Published 28 Sep, 2023 05:33am

Security threats from TTP, IS-KP: Pakistan may share its concerns at ‘Moscow Format’ tomorrow

ISLAMABAD: Pakistan is expected to share its concerns about the threats posed to its security from Afghanistan-based...

Published 28 Sep, 2023 05:33am

COAS urges women to take part in KP’s uplift

ISLAMABAD: Chief of Army Staff (COAS) General Asim Munir on Wednesday urged women to take part in the progress and...

Published 28 Sep, 2023 05:33am

Railways police launches official website

LAHORE: Pakistan Railways Police have launched its official website (www.pakrailwayspolice.gov.pk) with the...

Published 28 Sep, 2023 05:33am

EOBI admits miners in Balochistan are not registered with it

ISLAMABAD: The management of the Employees’ Old-Age Benefits Institution (EOBI) admitted before a Senate Standing...

Published 28 Sep, 2023 05:33am

Energy

SNGPL continues raids in Punjab, imposes Rs8.325m fine

LAHORE: During the ongoing crackdown against gas pilferers, SNGPL continued raids in Punjab, Khyber Pakhtunkhwa and...

Published 28 Sep, 2023 05:33am

Punjab govt, CBD initiate Rs8bn drainage project

LAHORE: To address the problem of pounding Walton Road after rains, the Punjab government and Central Business...

Published 28 Sep, 2023 05:33am

World Tourism Day marked: SAPM says govt to launch official ‘app’ to facilitate tourists

ISLAMABAD: The government in a bid to promote tourism and enhance tourism especially cultural, social, medical and...

Published 28 Sep, 2023 05:33am

‘Lahore Lahore Hai’: Cultural events from Oct 27th

LAHORE: Punjab Information and Culture Minister Amir Mir has announced that a diverse range of cultural events would...

Published 28 Sep, 2023 05:33am

JI chief calls for ‘forensic audit’ of IPPs

LAHORE: Chief of Jamaat-e-Islami (JI) Sirajul Haq has called for a forensic audit of independent power producers...

Published 28 Sep, 2023 05:33am

CCP, ICAP to hold CPD programmes on competition law

ISLAMABAD: The Competition Commission of Pakistan (CCP) and the Institute of Chartered Accountants of Pakistan ...

Published 28 Sep, 2023 05:33am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Wednesday (September 27, 2023). ======================== OFFER PRICE...

Published 28 Sep, 2023 05:33am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Wednesday (September 27, 2023). ======================== OFFER ...

Published 28 Sep, 2023 05:33am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Wednesday (September 27, 2023). ======================== OFFER ...

Published 28 Sep, 2023 05:33am

Rates

Proposed right issues

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

Published 28 Sep, 2023 05:33am

Rates

Dividend/Bonus Announcements

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

Published 28 Sep, 2023 05:33am

Rates

Board meetings in progress

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

Published 28 Sep, 2023 05:33am

Rates

BOARD MEETINGS

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

Published 28 Sep, 2023 05:33am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (September 27, 2023). ====================================...

Published 28 Sep, 2023 05:33am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Wednesday (September 27, 2023)....

Published 28 Sep, 2023 05:33am

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 28 Sep, 2023 05:33am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Wednesday (September 27, 2023)....

Published 28 Sep, 2023 05:33am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 27, 2023)....

Published 28 Sep, 2023 05:33am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 119,279 tonnes of cargo comprising 60,079 tonnes of import cargo and 59,200...

Published 28 Sep, 2023 05:33am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Wednesday (September 27, 2023). ======================== OFFER PRICE...

Published 28 Sep, 2023 05:33am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Wednesday (September 27, 2023). ======================== OFFER PRICE...

Published 28 Sep, 2023 05:33am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (September 27, 2023)....

Published 28 Sep, 2023 05:33am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Wednesday (September 27, 2023). ======================== Offer Price 1,403.6392...

Published 28 Sep, 2023 05:33am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Wednesday (September 27, 2023). ======================== Offer Price...

Published 28 Sep, 2023 05:33am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Wednesday (September 27, 2023). ======================== Offer Price...

Published 28 Sep, 2023 05:33am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Wednesday (September 27, 2023). ======================== Offer...

Published 28 Sep, 2023 05:33am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Wednesday (September 27, 2023). ======================== Offer Price...

Published 28 Sep, 2023 05:33am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Wednesday (September 27, 2023). ======================== Offer Price...

Published 28 Sep, 2023 05:33am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Wednesday (September 27, 2023). ======================== OFFER PRICE...

Published 28 Sep, 2023 05:33am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Wednesday (September 27, 2023). ======================== OFFER PRICE...

Published 28 Sep, 2023 05:33am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Wednesday (September 27, 2023). ======================== OFFER PRICE...

Published 28 Sep, 2023 05:33am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Wednesday (September 27, 2023). ======================== OFFER PRICE...

Published 28 Sep, 2023 05:33am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Wednesday (September 27, 2023). ======================== OFFER PRICE...

Published 28 Sep, 2023 05:33am

Federal spending must be curtailed

EDITORIAL: World Bank in a policy note has recommended ceasing federal spending on provincial mandates, including...

Published 28 Sep, 2023 05:33am

APSR for FY23 released: Banks, MFBs process e-banking transactions worth Rs167.4trn

KARACHI: Banks and MFBs have processed 2,073.3 million e-banking transactions amounting to Rs. 167.4 trillion in...

Updated 28 Sep, 2023 10:05am

Commodities

Iron ore climbs as China data lifts sentiment

BEIJING: Iron ore futures rebounded on Wednesday, as better-than-expected industrial profits data in top consumer...

Published 28 Sep, 2023 05:33am

Commodities

China’s property market troubles keep copper near four-month low

LONDON: Copper prices hovered near a four-month low on Wednesday as uncertainty about China’s property market was...

Published 28 Sep, 2023 05:33am

Commodities

Palm oil posts biggest gain in six weeks on stronger rivals

JAKARTA: Malaysian palm oil futures posted their best daily gain in six weeks amid stronger rivals oils and weaker...

Published 28 Sep, 2023 05:33am

Commodities

PMEX daily trading report

KARACHI: On Tuesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 16.604...

Published 28 Sep, 2023 05:33am

Commodities

Japanese rubber futures tepid despite talks of economic stimulus in China

SINGAPORE: Japanese rubber futures ended little changed on Wednesday, as hopes of economic stimulus in China were...

Published 28 Sep, 2023 05:33am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday (September 27, 2023)...

Published 28 Sep, 2023 05:33am

Cotton & Textile

Sizeable business on cotton market

LAHORE: The local cotton market on Wednesday remained bearish and the trading volume remained satisfactory. Cotton...

Published 28 Sep, 2023 05:33am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (September 27, 2023)...

Published 28 Sep, 2023 05:33am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Wednesday (September 27, 2023). =======================================...

Published 28 Sep, 2023 05:33am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (September 27, 2023). ======================== Open ...

Published 28 Sep, 2023 05:33am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (September 27, 2023)....

Published 28 Sep, 2023 05:33am

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 28 Sep, 2023 05:33am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday...

Published 28 Sep, 2023 05:33am

Issuance of right shares: SECP places additional conditions for listed firms

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has placed additional requirements/conditions...

Updated 28 Sep, 2023 10:01am

Profits, dividends: July-August repatriation rises 74pc YoY

Analysts say surge comes after relaxation of capital controls that were implemented previously to curtail outflow of foreign exchange

Updated 28 Sep, 2023 09:51am

ECP issues lists of delimited constituencies

ISLAMABAD: The National Assembly’s 266 general seats cover a total population of Pakistan’s 241,499,431 persons and...

Updated 28 Sep, 2023 09:57am

Shamshad seeks greater role of provinces towards meeting targets

ISLAMABAD: Caretaker Finance Minister, Dr Shamshad Akhtar, has asked the caretaker provincial governments to ensure...

Updated 28 Sep, 2023 09:57am

IRIS system’s capacity enhanced: Up to 0.6m taxpayers to file tax returns on a daily basis

ISLAMABAD: The Federal Board of Revenue (FBR) has enhanced the capacity of the IRIS system enabling 0.5-0.6 million...

Updated 28 Sep, 2023 10:20am

Rates

Stocks move up in dull trade

KARACHI: Pakistan Stock Exchange on Wednesday closed on slightly positive note due to fresh buying by local ...

Published 28 Sep, 2023 05:33am

NTDC accuses Nepra of unleashing ‘awry’ deductions

ISLAMABAD: The National Transmission and Despatch Company (NTDC) on Wednesday accused the National Electric Power...

Updated 28 Sep, 2023 10:16am

KE tariff hiked up to Rs4.45

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has increased KE’s tariff ranging from Rs 1.49...

Updated 28 Sep, 2023 10:17am

Contracts with IPPs, tariffs and ‘SOFR’: ECC tells PD to analyse impact of change, financial implications

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed the Power Division to analyze...

Updated 28 Sep, 2023 10:18am

Ban on import of smuggled items through ATT imminent

ISLAMABAD: The government is all set to impose restrictions on import of those items through Afghan Transit Trade...

Updated 28 Sep, 2023 10:12am

West ‘over-obsessed’ to contain China: PM

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has said that Pakistan was focusing on its own interests...

Published 28 Sep, 2023 05:33am

‘Unholy’ pacts with IPPs must be reviewed: Senate panel

ISLAMABAD: The Senate Standing Committee on Cabinet Secretariat recommended that there is an essential need to...

Updated 28 Sep, 2023 10:08am

The bane of counterfeit drugs

EDITORIAL: What has happened in Punjab is beyond shocking. Several diabetes patients seeking treatment for retinal...

Published 28 Sep, 2023 05:33am

Money & Banking

Dollar index powers to 10-month high

NEW YORK: The dollar hit a 10-month high on Wednesday, pushing the euro to an almost nine-month low and keeping the...

Published 28 Sep, 2023 05:33am

High interest rates sap innovation investment: UN

GENEVA: Funding of innovation is becoming increasingly uncertain, with high interest rates taking a toll on the...

Published 28 Sep, 2023 05:33am

Companies

PNSC achieves record Rs30bn PAT

KARACHI: Pakistan National Shipping Corporation (PNSC) Group achieved record-breaking net profit after tax amounting...

Published 28 Sep, 2023 05:33am

SECP issues standardised documentation for private fund

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued standardized formats of documents,...

Published 28 Sep, 2023 05:33am

Taxes

Welfare trusts: Tax dept not treating income from interest on bank deposits as business income

LAHORE: Tax authorities are allegedly not treating income from interest on bank deposits of welfare trusts as...

Published 28 Sep, 2023 05:33am

Industry

Industrialist underscores need for reducing electricity losses

LAHORE: Chairman Kattar Band Road Industrial Association and former vice president of Lahore Chamber of Commerce and...

Published 28 Sep, 2023 05:33am

Companies

NML posts Rs12.166bn PAT

KARACHI: Nishat Mills Limited (NML) has posted Rs 12.166 billion as profit after tax (PAT) in the year ended on June...

Published 28 Sep, 2023 05:33am

Companies

IIL holds interactive 75th AGM, Corporate Briefing Session

KARACHI: International Industries Limited (IIL), Pakistan’s largest manufacturer and exporter of pipes & ...

Published 28 Sep, 2023 05:33am

Tax recovery by field formations: FTO summons Member Inland Revenue (Operations) FBR

ISLAMABAD: The Federal Tax Ombudsman (FTO) has summoned Member Inland Revenue (Operations) Federal Board of Revenue...

Published 28 Sep, 2023 05:33am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

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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