News Archives for Print - 2023-10-11

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Print - 2023-10-11

US issues warning to Iran

The United States’ top general on Monday warned Iran not to get involved in the crisis in Israel and said he did...

Published 11 Oct, 2023 03:10am

Israel pounds Gaza with fiercest air strikes ever

JERUSALEM/GAZA/KFER AZA: Israel pounded the Gaza Strip on Tuesday with the fiercest air strikes in its 75-year...

Published 11 Oct, 2023 03:10am

Khamenei says Tehran was not behind Hamas attack on Israel

DUBAI: Tehran was not involved in the Hamas group’s weekend attack on Israel, Iran’s top authority Ayatollah Ali...

Published 11 Oct, 2023 03:10am

South Asia

Arundhati Roy facing prosecution in India

NEW DELHI: Booker Prize-winning Indian novelist Arundhati Roy could be prosecuted for a 2010 speech about Kashmir...

Published 11 Oct, 2023 03:10am

PCB announces U-19 team management for series against Sri Lanka

LAHORE: The Pakistan Cricket Board (PCB) has Tuesday confirmed Pakistan Under-19 team management for the home series...

Published 11 Oct, 2023 03:10am

FM meets his Turkish counterpart

ISLAMABAD: Pakistan and Turkiye have vowed to further strengthen all-round cooperation in the fields of trade,...

Published 11 Oct, 2023 03:10am

Dengue cases show alarming increase in ICT

ISLAMABAD: Dengue-positive cases have witnessed an alarming increase within the past one month in the Islamabad...

Published 11 Oct, 2023 03:10am

PM to visit China next week

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar will visit China next week to participate in the third...

Published 11 Oct, 2023 03:10am

PKRC to hold demos

LAHORE: The Pakistan Kisan Rabita Committee (PKRC) has announced to hold demonstrations across Pakistan on October...

Published 11 Oct, 2023 03:10am

Recovery proceedings: Some borrowers denying cost of funds through settlements

LAHORE: Some borrowers are found denying cost of funds by entering into settlements with banks during the pendency ...

Published 11 Oct, 2023 03:10am

6th anniversary of motorbike rescue service marked

LAHORE: Motorbike Rescue Service (MRS) of the Emergency Services Department (ESD) managed 1.7 million emergencies in...

Published 11 Oct, 2023 03:10am

Legal awareness & legal aid: LUMS, Punjab Prisons to collaborate

LAHORE: The MoU aimed at adequate delivery of criminal justice, raising legal awareness, and improving the ...

Published 11 Oct, 2023 03:10am

Nawaz to help usher in an era of prosperity in country: Maryam

LAHORE: Pakistan Muslim League-Nawaz (PML-N) senior vice-president and chief organizer Maryam Nawaz said on Tuesday...

Published 11 Oct, 2023 03:10am

USA

Two US House Republicans expected to make pitch for speaker’s gavel

WASHINGTON: US House of Representatives Republicans expect to hear pitches from at least two colleagues on Tuesday...

Published 11 Oct, 2023 03:10am

South Asia

Thousands of Afghans out in cold after deadly quakes

NAYEB RAFI (Afghanistan): Thousands of Afghans who survived a powerful earthquake that killed more than 2,00 people...

Published 11 Oct, 2023 03:10am

Asia

Women, children among 29 killed as artillery hits Myanmar refugee camp

MYANMAR: An artillery strike that hit a refugee camp near Myanmar’s border with China has killed at least 29...

Published 11 Oct, 2023 03:10am

Sindh CM for re-conducting MDCAT-2023 through DUHS

KARACHI: Caretaker Sindh Chief Minister Former Justice Maqbool Baqar has ordered to re-conduct of the MDCAT-2023...

Published 11 Oct, 2023 03:10am

Europe

Yellen urges more IMF, WB reforms for climate fight

BENGUERIR (Morocco): US Treasury Secretary Janet Yellen said Tuesday she backed efforts to boost the lending...

Published 11 Oct, 2023 03:10am

South Asia

India arrests Vivo exec, three others in money laundering case

NEW DELHI: India’s financial crime agency on Tuesday arrested four industry executives including one Chinese...

Published 11 Oct, 2023 03:10am

The Weather

KARACHI: The weather report on Tuesday (October 10, 2023) and the forecast for Wednesday (October 11, 2023)...

Published 11 Oct, 2023 03:10am

Each institution should conduct its own accountability: SC

ISLAMABAD: The Supreme Court said on Tuesday each institution needs to conduct its own accountability and if it does...

Published 11 Oct, 2023 03:10am

CPEC projects in Gwadar: minister reviews progress of work

ISLAMABAD: The Caretaker Minister for Planning, Development and Special Initiatives, Muhammad Sami Saeed, directed...

Published 11 Oct, 2023 03:10am

PM vows full support to Balochistan govt

QUETTA: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Tuesday emphasised that the initiatives taken by Special...

Published 11 Oct, 2023 03:10am

Country being ‘pressurised’ to recognise Israel: Fazl

MULTAN: Jamiat Ulema-e-Islam Fazal (JUI-F) head Maulana Fazlur Rehman has said that Pakistan is ‘under pressure’...

Published 11 Oct, 2023 03:10am

President for implementation of ‘ZARRA-2020’ to help protect children

ISLAMABAD: President Dr Arif Alvi has called for greater collaborations among civil society, non-governmental...

Published 11 Oct, 2023 03:10am

PTA takes major step towards fostering ethical internet usage

ISLAMABAD: Pakistan Telecommunication Authority (PTA) took a significant step toward fostering safe and responsible...

Published 11 Oct, 2023 03:10am

Musadik for managing energy transition as per local economic realities

ISLAMABAD: Former State Minister for Petroleum Division Senator Musadik Masood Malik has said that Pakistan needs to...

Published 11 Oct, 2023 03:10am

To check spread of smog: Proposal for closing Lahore every Wednesday for two months

LAHORE: In a bid to check the spread of smog in Lahore division, the administration has floated a proposal for...

Published 11 Oct, 2023 03:10am

Sindh home minister briefed on functioning of KWSC’s HMC

KARACHI: Sindh Caretaker Home Minister Brigadier Haris Nawaz (Retired) visited Karachi Water and Sewerage...

Published 11 Oct, 2023 03:10am

SAU scholar Dr. Liaqat Lund selected among world’s 2% top scientists-2023

HYDERABAD: SAU scholar selected as a top scientist among the list of the "world’s 2% top Scientists-2023" from...

Published 11 Oct, 2023 03:10am

Quetta Safe City Project extends contract with PSCA

LAHORE: To strengthen the fight against terrorism and advance modern policing across the country, an agreement of...

Published 11 Oct, 2023 03:10am

PTI to hold rallies for solidarity with Palestinians

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Tuesday chalked out a strategy to hold peaceful gatherings at district...

Published 11 Oct, 2023 03:10am

Provision of best facilities to inmates’ top priority of govt: SAPM on Human Rights

LAHORE: Special Assistant to the Prime Minister (SAPM) on Human Rights and Women Empowerment Mushaal Hussein Mullick...

Published 11 Oct, 2023 03:10am

Proposal to hike fare for Metrobus, Speedo Bus rejected

LAHORE: The Punjab government on Tuesday rejected the proposed Rs15 fare increase for the Metrobus and Speedo Bus...

Published 11 Oct, 2023 03:10am

PPP calls for abolishing death penalty

ISLAMABAD: On the eve of “World Day Against Death Penalty” today the PPP has called for abolishing the death...

Published 11 Oct, 2023 03:10am

Post-arrest bail pleas of Khadija, others: LHC DB shows displeasure to prosecution, police officials

LAHORE: A division bench of the Lahore High Court on Tuesday showed its displeasure to the prosecution and the ...

Published 11 Oct, 2023 03:10am

Jilani stresses to end wars, illegal occupations

ISLAMABAD: Caretaker Foreign Minister Jalil Abbas Jilani has stressed the need to bring wars and illegal occupations...

Published 11 Oct, 2023 03:10am

Flood-resilient housing solutions: Engro Polymers offers support

KARACHI: Engro has extended its support for flood-resilient housing solutions, in partnership with Sindh Rural...

Published 11 Oct, 2023 03:10am

PTI’s chairmanship: ECP reserves verdict on plea seeking IK’s removal

ISLAMABAD: The Election Commission of Pakistan (ECP) on Tuesday reserved its verdict on a plea seeking the removal ...

Published 11 Oct, 2023 03:10am

Production order: Court seeks arguments from prosecution over IK’s plea

ISLAMABAD: A local court on Tuesday sought arguments from the prosecution over Pakistan Tehreek-e-Insaf (PTI) chief...

Published 11 Oct, 2023 03:10am

ATC issues notices to JIT members

LAHORE: An Anti-Terrorism Court (ATC) on Tuesday issued show cause notices to all the members of a Joint...

Published 11 Oct, 2023 03:10am

Talking to prisoners on phone: Adiala Jail authorities asked to submit jail SOPs

ISLAMABAD: The special court hearing the cypher case against Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan and...

Published 11 Oct, 2023 03:10am

JI invites religious scholars to ‘Al-Aqsa March’

KARACHI: Jamaat-e-Islami (JI) Pakistan Ameer Sirajul Haq called on prominent religious scholars in Karachi, here on...

Published 11 Oct, 2023 03:10am

Assets case against Dar, others: AC seeks arguments on court’s jurisdiction

ISLAMABAD: Accountability Court Tuesday sought arguments on the court’s jurisdiction in the assets beyond means...

Published 11 Oct, 2023 03:10am

Missing Baloch students: IHC urges state to fulfil its responsibility

ISLAMABAD: The Islamabad High Court (IHC) said that the state must fulfill its responsibility in recovering missing...

Published 11 Oct, 2023 03:10am

No more business as usual–III

Businesses have to take lead for delivering energy at a reasonable cost under a planned strategy and implementation...

Published 11 Oct, 2023 03:10am

Rates

PSX posts broad-based rally

KARACHI: Pakistan Stock Exchange on Tuesday witnessed seventh consecutive bullish session on the back of healthy...

Published 11 Oct, 2023 03:10am

Gas tariffs and reforms—II

However, some increase in small and medium category tariff will have to be, willy-nilly, done to cover the costs. In...

Updated 11 Oct, 2023 04:30am

Agricultural land consolidation

Agricultural land consolidation is a land management procedure which entails restructuring, reorganization or...

Published 11 Oct, 2023 03:10am

PARTLY FACETIOUS: Inflation is no longer bearable

“Has the caretaker finance minister been properly briefed by now?” “I would assume so. She took oath on 17...

Published 11 Oct, 2023 03:10am

Stocks

PSX announces recipients of ‘Top 25 Companies Awards 2022’

KARACHI: In an exciting development for the capital markets and the economy as a whole, Pakistan Stock Exchange...

Published 11 Oct, 2023 03:10am

Letters

‘The new Indo-Israel relationship’

This is apropos a letter to the Editor “The new Indo-Israel relationship” carried by the newspaper yesterday....

Published 11 Oct, 2023 03:10am

Stocks

Wall Street gains as Fed officials strike dovish tone

NEW YORK: The S&P 500 and the Nasdaq touched three-week highs on Tuesday as dovish comments from US Federal...

Published 11 Oct, 2023 03:10am

Stocks

European stocks mark best day in nearly a year

PARIS: European stocks rebounded sharply on Tuesday as dovish comments from US Federal Reserve and European Central...

Published 11 Oct, 2023 03:10am

Stocks

China stocks dip on Middle East concerns; HK gains

HONG KONG: Chinese stocks declined on Tuesday as investors rushed to sell companies with exposure to the Middle ...

Published 11 Oct, 2023 03:10am

Stocks

Indian shares bounce back on easing US rate concerns

BENGALURU: Indian shares rebounded on Tuesday, in step with global stocks on easing US rate worries, while investors...

Published 11 Oct, 2023 03:10am

Stocks

Tokyo shares track global rally on dovish Fed comments

TOKYO: Tokyo stocks jumped on Tuesday, in line with gains across Asia, as investors returned to play catch-up with...

Published 11 Oct, 2023 03:10am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 150,499 tonnes of cargo comprising 96,781 tonnes of import cargo and 53,718...

Published 11 Oct, 2023 03:10am

Rates

LME official prices

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

Published 11 Oct, 2023 03:10am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Tuesday (October 10, 2023). ========================== KIBOR...

Published 11 Oct, 2023 03:10am

Forex

Open market rates of foreign currencies

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

Published 11 Oct, 2023 03:10am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Tuesday (October 10, 2023). ======================== Open Bid...

Published 11 Oct, 2023 03:10am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (October 10, 2023)....

Published 11 Oct, 2023 03:10am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (October 10, 2023)....

Published 11 Oct, 2023 03:10am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (October 10, 2023)...

Published 11 Oct, 2023 03:10am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Tuesday (October 10, 2023). ======================================= Offset...

Published 11 Oct, 2023 03:10am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (October 10, 2023). ==================================== BR...

Published 11 Oct, 2023 03:10am

Energy

Experts demand to provide affordable energy to people

KARACHI: Caretaker Sindh Minister for Revenue and Industry Muhammad Younus Dagha outlined the need for affordable...

Published 11 Oct, 2023 03:10am

Energy

PPL achieves production enhancement milestone

KARACHI: Pakistan Petroleum Limited (PPL) has achieved significant production gain of 13mmscfd gas and 90bpd...

Published 11 Oct, 2023 03:10am

Energy

T&D losses key challenge: KE

KARACHI: Transmission and distribution (T&D) losses are the biggest challenge the energy sector is confronted...

Published 11 Oct, 2023 03:10am

Energy

Lesco detects 440 more power pilferers

LAHORE: The Lahore Electric Supply Company (LESCO) detected a total of 440 connections from where the customers were...

Published 11 Oct, 2023 03:10am

Energy

IEEFA lists challenges to early coal phaseout

KARACHI: Pakistan’s tough political-economic circumstances and constrained transmission network present challenges...

Published 11 Oct, 2023 03:10am

Energy

Aramco to supply full oil volumes to N.Asia refiners in Nov

RIYADH: Saudi Aramco has notified at least four North Asian buyers that it will supply full contractual volumes of...

Published 11 Oct, 2023 03:10am

Energy

Oil prices down on easing concerns

HOUSTON: Oil prices fell on Tuesday on easing concerns about potential supply disruptions from the battle between...

Published 11 Oct, 2023 03:10am

Energy

US natural gas futures rise

NEW YORK: US natural gas futures edged up about 1% on Tuesday to a fresh eight-month high on rising exports and...

Published 11 Oct, 2023 03:10am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday (October 10, 2023)...

Published 11 Oct, 2023 03:10am

Cotton & Textile

Sizeable business activity on cotton market

LAHORE: The local cotton market on Tuesday remained steady and the trading volume remained satisfactory. Cotton...

Published 11 Oct, 2023 03:10am

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 11 Oct, 2023 03:10am

Q2 FY24: Govt decides to borrow over Rs10trn

KARACHI: The federal government has planned to borrow over Rs 10 trillion in the second quarter (Oct-Dec) of this...

Updated 11 Oct, 2023 09:26am

Pending case of a fertiliser co: IHC asks FBR to submit its cost of litigation

ISLAMABAD: Islamabad High Court (IHC) has directed the Federal Board of Revenue (FBR) to submit its cost of...

Updated 11 Oct, 2023 08:40am

Benami transactions, misuse of taxpayers’ CNICs: FTO directs FBR to investigate cases

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Director General Anti-Benami Initiative, Federal Board of...

Updated 11 Oct, 2023 09:23am

IBIS: SIFC seeks timelines for installation of telemetry system

ISLAMABAD: The Executive Committee (EC) of Special Investment Facilitation Council (SIFC), a civil-military...

Updated 11 Oct, 2023 08:45am

President for elections in free, fair, transparent manner

ISLAMABAD: President Dr Arif Alvi said the upcoming general elections should be held in a free, fair, and...

Updated 11 Oct, 2023 09:56am

Commodities

Japanese rubber up

SINGAPORE: Japanese rubber futures edged higher for a second session on Tuesday, buoyed by bullish Asian shares and ...

Published 11 Oct, 2023 03:10am

Commodities

Malaysian palm oil falls

MUMBAI: Malaysian palm oil futures fell on Tuesday to their lowest in 3-1/2 months on fears of an inventory ...

Published 11 Oct, 2023 03:10am

Commodities

Vietnam rice exports down

HANOI: Vietnam’s rice exports in September fell 34.3% from August to 605,410 metric tons, government customs data...

Published 11 Oct, 2023 03:10am

Commodities

Iron ore hits 6-week lows as China demand concerns grow

MANILA: Iron ore futures dipped to six-week lows on Tuesday, dragged lower by concerns about looming steel ...

Published 11 Oct, 2023 03:10am

Commodities

Copper slides as China property market jitters

LONDON: Copper prices retreated on Tuesday as jitters about demand in top consumer China were reinforced by Chinese...

Published 11 Oct, 2023 03:10am

Commodities

Gold eases as risk appetite improves

BENGALURU: Gold prices slipped on Tuesday after rising nearly 2% in the previous session as investors cautiously...

Published 11 Oct, 2023 03:10am

Commodities

Chicago wheat edges lower

CANBERRA: Chicago wheat futures dipped on Tuesday as export prices in major supplier Russia fell further, although a...

Published 11 Oct, 2023 03:10am

IMF says world economy ‘limping’

MARRAKESH: The IMF kept its 2023 global growth forecast unchanged on Tuesday but warned that the economy is...

Published 11 Oct, 2023 03:10am

Employees of power sector entities: Nepra opposes free electricity, monetisation

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has opposed free units or monetisation to employees...

Updated 11 Oct, 2023 09:24am

IMF projects 2.5pc growth rate for Pakistan in FY24

ISLAMABAD: The International Monetary Fund (IMF) has projected GDP growth rate for Pakistan at 2.5 per cent for 2024...

Updated 11 Oct, 2023 10:56am

ECC forms core group on food inflation

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has constituted a core group of Federal...

Updated 11 Oct, 2023 09:55am

Only core business of PIA to be offered: Fawad

ISLAMABAD: The core business of the PIA would be offered to potential buyers with current liabilities and assets...

Updated 11 Oct, 2023 08:44am

Massive hike in gas tariffs now seems inevitable

The government is all set to increase effective gas prices for non-protected domestic consumers by up to 129 percent

Updated 11 Oct, 2023 09:54am

Sept workers’ remittances up 5pc to $2.206bn MoM

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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