News Archives for Print - 2024-01-06

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Print - 2024-01-06

Global food prices drop 13.7pc in 2023: FAO

PARIS: World food prices fell in 2023, with considerable declines for grains and oils as supply concerns eased, the...

Published 06 Jan, 2024 05:17am

US offers $10m for Hamas financial information

WASHINGTON: The United States is offering up to $10 million for information on five Hamas financiers or anything...

Published 06 Jan, 2024 05:17am

Middle East

Gaza bombing continues as Israel lays out post-war plan

OCCUPIED Al-QUDS: Bombing continued across Gaza on Friday as the world began to digest Israel’s first proposals ...

Published 06 Jan, 2024 05:17am

IIOJK status: PM assails Indian SC’s ‘engineered’ verdict

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has stated that the Indian Supreme Court’s recent verdict...

Published 06 Jan, 2024 05:17am

Cleric shot dead in Islamabad

ISLAMABAD: Deputy Secretary General Sunni Ulema Council Maulana Masood Rehman Usmani on Friday was shot dead by...

Published 06 Jan, 2024 05:17am

IHC directs Baloch protesters to appoint focal person for talks

ISLAMABAD: The Islamabad High Court (IHC), Friday, directed the Baloch protesters to appoint a focal person for ...

Published 06 Jan, 2024 05:17am

‘Ban on pre-polls surveys’: LHC seeks reply from ECP by 9th

LAHORE: The Lahore High Court on Friday sought reply from the Election Commission of Pakistan (ECP) by January 09 on...

Published 06 Jan, 2024 05:17am

General elections: CS directs DCs to ensure implementation of ECP-issued code of conduct

LAHORE: Chief Secretary Punjab Zahid Akhtar Zaman, on Friday, directed all the Deputy Commissioners to ensure the...

Published 06 Jan, 2024 05:17am

Pakistan will always support Kashmiris’ right to self-determination, Alvi

ISLAMABAD: President Dr Arif Alvi has said that Pakistan remained determined to playing its role in supporting the...

Published 06 Jan, 2024 05:17am

Pakistan urges global community to help Kashmiris exercise their right of self-determination

ISLAMABAD: Pakistan on Friday urged the international community, especially the United Nations, to live up to their...

Published 06 Jan, 2024 05:17am

PPP to follow ‘Bhutto’s manifesto’: Bilawal

LAHORE: Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari said on Friday that the PPP would follow the...

Published 06 Jan, 2024 05:17am

Elections: Babar for exposing ‘hidden’ hands

ISLAMABAD: The president human rights cell and ex-senator of Pakistan People’s Party (PPP) Farhatullah Babar on...

Published 06 Jan, 2024 05:17am

Appeals of PTI ticket holder allowed

LAHORE: An election tribunal on Friday allowed the appeals of a lawyer affiliated to PTI Naeem Panjotha and accepted...

Published 06 Jan, 2024 05:17am

Training of polling staff to continue till 11th

KARACHI: In the light of the orders of the Election Commission of Pakistan (ECP), the training sessions of the...

Published 06 Jan, 2024 05:17am

PPP issues show-cause notice to its Senator

ISLAMABAD: Pakistan People’s Party (PPP), Friday, issued a show-cause notice to its Senator Behramand Tangi on...

Published 06 Jan, 2024 05:17am

Senate panel recommends ban on pornographic websites

ISLAMABAD: The Senate Standing Committee on Interior, on Friday, recommended imposing a ban on websites carrying...

Published 06 Jan, 2024 05:17am

FTO orders clearance of Rs13bn refunds

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has passed orders for clearance of Rs 13 billion refunds for...

Published 06 Jan, 2024 05:17am

Naqvi for completing public welfare projects within stipulated periods

LAHORE: The caretaker Punjab Chief Minister Mohsin Naqvi, while reviewing the progress on the public welfare ...

Published 06 Jan, 2024 05:17am

PML-N finalises names of candidates for Lahore’s NA constituencies

LAHORE: The Pakistan Muslim League-Nawaz (PML-N) has finalised the names of the party candidates for Lahore’s...

Published 06 Jan, 2024 05:17am

PPP-P announces names of candidates for NA, PA

KARACHI: Pakistan People’s Party Parliamentarians (PPPP) has announced the list of Party Candidates for National...

Published 06 Jan, 2024 05:17am

JI to hold workers’ convention in Karachi

KARACHI: Jamaat-e-Islami (JI) on Friday announced a workers convention for January 7 in the city, as a public...

Published 06 Jan, 2024 05:17am

The Weather

KARACHI: The weather report on Friday (January 05, 2024) and the forecast for Saturday (January 06 2024)...

Published 06 Jan, 2024 05:17am

FBR restructuring plan finalised

A summary is likely to be moved in the next meeting of the federal cabinet for the approval of the FBR’s restructuring plan

Updated 06 Jan, 2024 09:50pm

There were no ‘directives’ from govt: minister

ISLAMABAD: Caretaker Federal Minister for Information and Broadcasting Murtaza Solangi, Friday, said that there were...

Updated 06 Jan, 2024 05:20pm

Senate seeks postponement of polls

ISLAMABAD: Less than two months after having passed a purportedly controversial resolution in support of the...

Updated 06 Jan, 2024 09:58am

Rates

Stocks show negative trend

KARACHI: Pakistan Stock Exchange on Friday witnessed mixed trend and after moving in both directions finally closed...

Published 06 Jan, 2024 05:17am

Export sectors: SBP asked to review limits under EFS facilities

Members emphasise that export oriented sector requires at least medium-term predictability on key indicators such as energy costs, exchange rates and borrowing costs

Updated 06 Jan, 2024 09:51pm

PML-N opposes resolution

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) on Friday opposed the Senate resolution, seeking postponement of...

Published 06 Jan, 2024 05:17am

PPP condemns passage of resolution

ISLAMABAD: Pakistan People’s Party (PPP) condemned the resolution passed by the Upper House of the Parliament....

Published 06 Jan, 2024 05:17am

ATL data of two FBR wings do not match

ISLAMABAD: The data of active income/ sales taxpayers of the Federal Board of Revenue (FBR) IT Wing and Inland...

Updated 06 Jan, 2024 09:57am

Rs16bn money-laundering case: probe suspended

KARACHI: The Federal Board of Revenue (FBR) has reportedly suspended investigations against four shell companies...

Updated 06 Jan, 2024 05:18pm

Launch on 11th January: Freelancers to channelize remittances thru Paypal

PayPal is not coming to Pakistan but an agreement has been reached under which the remittances would be channelized from Paypal through a third party, says Dr Saif

Updated 06 Jan, 2024 09:51pm

Life-long ban: AGP urges SC to overrule judgement on Samiullah Baloch

ISLAMABAD: The Attorney General for Pakistan (AGP) urged the Supreme Court to overrule the SC’s judgment on...

Published 06 Jan, 2024 05:17am

South Asia

Hijack call: India navy commandos board Arabian Sea vessel

NEW DELHI: India’s navy said Friday that its commandos had boarded a vessel in the Arabian Sea after a hijacking...

Published 06 Jan, 2024 05:17am

Energy

Amer Tufail made MD SNGPL

LAHORE: The SNGPL Board of Directors has appointed Amer Tufail as Managing Director of Sui Northern Gas Pipelines...

Published 06 Jan, 2024 05:17am

BoI discusses PRMI with key govt depts, related agencies

ISLAMABAD: The Board of Investment (BoI) held an important engagement with key federal departments, all provincial...

Updated 06 Jan, 2024 09:15am

CCoSEOs for reconciling financial portfolios of NHA, PR with Finance Div

ISLAMABAD: The Cabinet Committee on State Owned Enterprises (CCoSEOs) has decided that financial portfolios of NHA...

Updated 06 Jan, 2024 09:12am

Reconstitution of CCI approved

ISLAMABAD: President Dr Arif Alvi has approved the reconstitution of the Council of Common Interests (CCI). ...

Published 06 Jan, 2024 05:17am

KP govt accords approval to literacy campaign

PESHAWAR: The provincial government of Khyber Pakhtunkhwa has accorded approval to KP Literacy Campaign titled as...

Published 06 Jan, 2024 05:17am

PARTLY FACETIOUS: Did the pir give any spiritual guidance to Zardari sahib?

“Why are all our party leaders so very superstitious?” “Is that a question or a statement?” “Well both;...

Published 06 Jan, 2024 05:17am

IPR regime: compliance not a govt priority

There are laws that provide a foundation for the protection of ‘ Intellectual Property Rights (IPR), but the laws...

Updated 06 Jan, 2024 06:00am

Flouting the law

A new year has dawned and the first few hours highlighted the fact that there is nothing new in this year also. In...

Updated 06 Jan, 2024 06:01am

Letters

Senators drop a bombshell

Whatever the Senate of Pakistan did yesterday was expected, it is highly disappointing nevertheless. With the...

Published 06 Jan, 2024 05:17am

Commodities

Gold prices down

KARACHI: A continuing slump on Friday further decreased the gold prices on the local market with silver unchanged,...

Published 06 Jan, 2024 05:17am

Stocks

S&P 500, Nasdaq climb as fresh data boosts rate-cut bets again

NEW YORK: The benchmark S&P 500 and the Nasdaq rose on Friday after services sector data pointing to a weaker...

Published 06 Jan, 2024 05:17am

Stocks

European shares log first weekly loss in eight

PARIS: European shares logged their first weekly loss in eight on Friday, as investors grappled with a plethora of...

Published 06 Jan, 2024 05:17am

Stocks

China stocks end first week of 2024 lower

SHANGHAI: Chinese stocks fell in the first week of 2024, as traders gauged concerns over the country’s sluggish...

Published 06 Jan, 2024 05:17am

Stocks

India’s Nifty begins 2024 with weekly losses

BENGALURU: India’s benchmark indexes posted marginal gains on Friday but logged losses for the week, dragged by...

Published 06 Jan, 2024 05:17am

Cotton & Textile

Cotton spot rate picks up Rs500 per maund

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Friday increased the spot rate by Rs 5,00...

Published 06 Jan, 2024 05:17am

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 06 Jan, 2024 05:17am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (January 05, 2024). ========================== KIBOR...

Published 06 Jan, 2024 05:17am

Forex

Open market rates of foreign currencies

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

Published 06 Jan, 2024 05:17am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (January 05, 2024). ======================== Open Bid ...

Published 06 Jan, 2024 05:17am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (January 05, 2024)....

Published 06 Jan, 2024 05:17am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (January 05, 2024). ==================================== BR...

Published 06 Jan, 2024 05:17am

Govt, KE ink ‘long-awaited’ agreements

ISLAMABAD: Government of Pakistan (GoP) and K-Electric (KE) on Friday reached a significant milestone by signing...

Updated 06 Jan, 2024 05:18pm

SAP: govt disburses Rs409bn

ISLAMABAD: The federal government is said to have allocated/ disbursed Rs409 billion with the highest Rs116 billion...

Updated 06 Jan, 2024 05:19pm

SPI inflation rises 42.86pc YoY

ISLAMABAD: The Sensitive Price Index (SPI) inflation increased by 42.86 percent year-on-year basis due to an ...

Updated 06 Jan, 2024 05:37am

Interest Rates

Policy rate likely to remain unchanged

KARACHI: The State Bank of Pakistan (SBP) is most likely to maintain the policy rate at 22 percent in the next...

Updated 06 Jan, 2024 09:47pm

Industry

Elected FPCCI VP for KP assumes charge

PESHAWAR: Aun Ali Syed, the newly elected, vice president of Federation of Pakistan Chambers of Commerce and ...

Published 06 Jan, 2024 05:17am

Meeting with Additional IG Punjab: LCCI chief for ensuring smooth running of businesses

LAHORE: President of the Lahore Chamber of Commerce and Industry Kashif Anwar, in a high profile meeting with...

Published 06 Jan, 2024 05:17am

Less pessimism about next quarter

EDITORIAL: Interestingly, the latest Gallup Business Confidence Index report shows that the country’s business...

Published 06 Jan, 2024 05:17am

Claim, counter-claims, and ECC

EDITORIAL: It’s a bit rich of Pakistani authorities to try to penalise Chinese power plants set up under CPEC...

Published 06 Jan, 2024 05:17am

Collectorate of Customs Gwadar surpasses revenue target

QUETTA: Collectorate of Customs, Gwadar has exceeded the assigned revenue target by 114 percent during the first ...

Published 06 Jan, 2024 05:17am

272 Pak firms participating in Heimtextil 2024: Exporters playing vital role towards economic revival goal: TMA

KARACHI: A total 272 Pakistani firms is participating in Heimtextil 2024, of them 74 companies belong to the towel...

Published 06 Jan, 2024 05:17am

Money & Banking

Dollar falls after weak US services sector data

NEW YORK: The dollar dropped from three-week peaks on Friday in choppy trading after data showed the US services...

Published 06 Jan, 2024 05:17am

Money & Banking

Asian currencies subdued ahead of US payrolls data

BENGALURU: Most Asian currencies were subdued on Friday, and were on track to end the first week of 2024 lower as a...

Published 06 Jan, 2024 05:17am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	278.20
USD PKR Interbank Buying / May 9	278
USD to Japanese Yen / May 9	155.57
USD to Swiss Franc / May 9	0.91
Pound Sterling to USD / May 9	1.25
Euro to USD / May 9	1.07

Stock	Volume
S&P 500 / May 8	5187.67
Nasdaq / May 8	16302.76
FTSE 100 / May 8	8354.05
Dow Jones / May 8	39056.39
Germany DAX 30 / May 8	18498.38
France CAC40 / May 8	8131.41
India Sensex / May 9	72965.17
Tokyo Nikkei / May 9	38260.75

Item	Value
Karachi Cotton PKR/37.32 KG / May 7	19935
Gold 10 Grams PKR / May 8	205075
Petrol/Litre / May 9	288.49
Crude Oil USD/Barrel / May 9	79.44
Gold Spot USD/Ounce / May 9	2318.17
Diesel/Litre / May 9	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 9 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 9 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 9 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 9 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 9 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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