News Archives for Print - 2024-01-13

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Print - 2024-01-13

Sherbano case: Govt mulling filing appeal against SC judgment: AGP

ISLAMABAD: The Attorney General for Pakistan informed the Supreme Court that the federal government is contemplating...

Published 13 Jan, 2024 09:46am

EU to debate sending naval mission

BRUSSELS: EU countries will discuss next week a plan to set up a naval mission to help protect Red Sea shipping...

Published 13 Jan, 2024 05:38am

Middle East

Oman flays US, UK strikes on Yemen

MUSCAT: Oman condemned American and British strikes on targets in rebel-held Yemen on Friday, warning of the risk of...

Published 13 Jan, 2024 05:38am

Middle East

France orders new Rafale jets

PARIS: France has ordered 42 new Rafale fighter jets, Defence Minister Sebastien Lecornu said Friday, with the first...

Published 13 Jan, 2024 05:38am

Rasheed Janmohammed Chief Executive, Pakistan Edible Oil Conference (PEOC)

I would like to welcome all the delegates who are attending our 6th Pakistan Edible Oil Conference (PEOC 2024). It ...

Published 13 Jan, 2024 05:38am

PEOC Pakistan Edible Oil Conference: ATIF IKRAM SHEIKH, President, Federation of Pakistan Chambers of Commerce & Industry (FPCCI)

It is indeed an honor for me to welcome all delegates who are attending the 6th Pakistan Edible Oil Conference ...

Published 13 Jan, 2024 05:38am

Resignation of Justice Ijaz accepted

ISLAMABAD: President Dr Arif Alvi, Friday, accepted the resignation of Supreme Court Judge Justice Ijazul Ahsan who...

Published 13 Jan, 2024 05:38am

Pakistan, Egypt agree to advance ties in various areas

ISLAMABAD: Pakistan and Egypt have agreed on continued engagement for working together to advance mutually ...

Published 13 Jan, 2024 05:38am

Gohar says if PTI kept away from general election ‘world will never accept results’

ISLAMABAD: The chairman Pakistan Tehreek-e-Insaf (PTI) Gohar Ali Khan on Friday warned that if the most popular...

Published 13 Jan, 2024 05:38am

Remand of Fawad Chaudhry extended

ISLAMABAD: The Accountability Court on Friday again extended the physical remand of former federal minister Fawad...

Published 13 Jan, 2024 05:38am

PML-N, IPP reach seat-adjustment deal

LAHORE: Pakistan Muslim League-Nawaz (PML-N) Friday finalised its candidates for district Lahore and awarded party...

Published 13 Jan, 2024 05:38am

Elections: PTI’s list of candidates yet to be finalised

ISLAMABAD: Nearly three dozen tickets are yet to be decided by the former ruling Pakistan Tehreek-e-Insaf (PTI) due...

Published 13 Jan, 2024 05:38am

PARTLY FACETIOUS: The two judges’ exit causes considerable controversy

“The Land of the Pure is perhaps a misnomer.” “Perhaps?” “OK, but those heady days when the Quaid,...

Published 13 Jan, 2024 05:38am

Another resolution seeking poll postponement lands in Senate secretariat

ISLAMABAD: Yet another controversial resolution has landed in the Senate Secretariat, second in a week, this time...

Published 13 Jan, 2024 05:38am

Registration for Bano Qabil pharmacy program begins

KARACHI: Alkhidmat Karachi opens registrations for the aptitude test of its fresh pharmacist program under the Bano...

Published 13 Jan, 2024 05:38am

Poor sanitary conditions at PIC irk CM

LAHORE: Expressing displeasure over poor cleanliness arrangements, marks of dust and stains on tiles and counters...

Published 13 Jan, 2024 05:38am

Plea against acceptance of papers of Nawaz

LAHORE: Pakistan Awami Mahaz chief Ishtiaq Ahmad Chaudhry on Friday approached the Lahore High Court against the...

Published 13 Jan, 2024 05:38am

Navy conducts maiden Exercise Sea Guard

KARACHI: Conduct phase of Pakistan Navy's maiden Exercise Sea Guard is being undertaken from 10-13 January 2024. EX...

Published 13 Jan, 2024 05:38am

National Women’s T20 Tournament from Monday

LAHORE: The six-team National Women’s T20 Tournament 2024 is all set to commence from Monday, (January 15) at ...

Published 13 Jan, 2024 05:38am

Korea donates ambulances, equipment to Rescue-1122

LAHORE: The Ambassador Republic of Korea Park Ki Jun handed over two ambulances and flood rescue equipment to...

Published 13 Jan, 2024 05:38am

IG Sindh urges police to ensure safety of citizens

KARACHI: Inspector General of Police (IGP) Sindh, Riffat Mukhtar Raja, presided over a meeting at the Central Police...

Published 13 Jan, 2024 05:38am

Mirpurkhas Board website launched: CM directs to provide textbooks to students

KARACHI: Caretaker Sindh Chief Minister Former Justice Maqbool Baqar has directed the School Education Department to...

Published 13 Jan, 2024 05:38am

Annual Marigold Festival kicked off

KARACHI: The 3-day annual Marigold Festival was kicked-off by Parks department Karachi Metropolitan Corporation ...

Published 13 Jan, 2024 05:38am

Ramzan Sugar Mills reference: AC adjourns proceedings till Feb 14

LAHORE: An accountability court on Friday adjourned to February 14 the proceedings in Ramzan Sugar Mills reference...

Published 13 Jan, 2024 05:38am

The Weather

KARACHI: The weather report on Friday (January 12, 2024) and the forecast for Saturday (January 13, 2024)...

Published 13 Jan, 2024 05:38am

CM launches digital dashboard under KKP Initiative

PESHAWAR: As major step towards good governance in Khyber Pakhtunkhwa, Caretaker Chief Minister Former Justice Syed...

Published 13 Jan, 2024 05:38am

Nutritional Aspects of Palm Oil

Tanvir Ahmad Sufi

Published 13 Jan, 2024 05:38am

PEOC – A vehicle for increased recognition of edible oil industry of Pakistan

Farhat Rasheed Janmohammed

Published 13 Jan, 2024 05:38am

Pakistan Oilseed scenario

Muhammad Najib Balagamwala

Published 13 Jan, 2024 05:38am

Starving for the Truth: The GMO Oilseeds Quandary

Shakil Ashfaq

Published 13 Jan, 2024 05:38am

Pakistan Edible Oil Industry: Yesterday, Today and Tomorrow

M. Bashir janmohammed

Published 13 Jan, 2024 05:38am

Syed Anwer Suhail Razvi, Chairman Pakistan Soap Manufacturers Association (PSMA)

Alhamdolillah this gives me great pleasure to express my views on the 6th Pakistan Edible Oil Conference (PEOC) of...

Published 13 Jan, 2024 05:38am

Tariq Ullah Sufi, Chairman Pakistan Edible Oil Refiners Association (PEORA)

On behalf of Pakistan Edible Oil Refiners Association (PEORA), I warmly welcome all the participants, speakers,...

Published 13 Jan, 2024 05:38am

Shahzad Ali Khan, Patron-in-Chief, All Pakistan Solvent Extractors’ Association (APSEA)

The revival of PEOC post the Covid-induced interruption is truly exciting. PEOC's crucial role as a hub for...

Published 13 Jan, 2024 05:38am

Sheikh Abdul Razzak, Chairman Pakistan Vanaspati Manufacturers Association (PVMA)

Pakistan Vanaspati Manufacturers Association (PVMA) was established in 1961 with 7 Members on board then and...

Published 13 Jan, 2024 05:38am

Sale/access of internal corporate data: Kaspersky Digital Footprint Intelligence team uncovers 40,000 dark web posts

ISLAMABAD: Kaspersky Digital Footprint Intelligence team has over the past two years uncovered almost 40,000 dark ...

Published 13 Jan, 2024 05:38am

DRAP seeks feedback to finalise guidelines for hospital pharmacies

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has sought feedback from the public and relevant...

Published 13 Jan, 2024 05:38am

NASTP Silicon project: army chief praises air force for achieving a milestone

ISLAMABAD: General Syed Asim Munir, the Chief graced the inauguration ceremony of the second chapter of the National...

Published 13 Jan, 2024 05:38am

ROs’, ATs’ decisions: IK files two separate petitions in LHC

LAHORE: Former PTI chairman Imran Khan on Friday filed two separate petitions before the Lahore High Court...

Published 13 Jan, 2024 05:38am

LHC reserves verdict on election pleas of three PTI candidates

LAHORE: A full bench of the Lahore High Court (LHC) on Friday reserved its verdict on the petitions of PTI vice...

Published 13 Jan, 2024 05:38am

JI says will hold sit-in against gas load-shedding on 17th

KARACHI: Jamaat-e-Islami (JI) on Friday announced its sit-in protest against the gas load shedding on January 17...

Published 13 Jan, 2024 05:38am

Toshakhana case against IK, wife: hearing adjourned

RAWALPINDI: The Accountability Court, on Friday, adjourned Toshakhana case against Pakistan Tehreek-e-Insaf (PTI)...

Published 13 Jan, 2024 05:38am

Day 98 of war: Gaza: Dozens die in Israel strikes

GAZA STRIP, Palestinian Territories: Telecommunication services were cut across besieged Gaza Friday, as Israeli...

Updated 13 Jan, 2024 04:59pm

Disbursement of SBA tranche: Dollar bonds extend rally on IMF approval

Pakistan’s bonds had already rallied sharply in previous session, with all of the issuance rising

Updated 13 Jan, 2024 05:02pm

Rates

PSX witnesses uptick

KARACHI: Pakistan Stock Exchange on Friday opened on a positive note and remained in green for most part of the...

Published 13 Jan, 2024 05:38am

KE expresses its ‘limitation’ towards implementing integration plan

ISLAMABAD: K-Electric has expressed its limitation in implementing the approved integration plan as it is unable to...

Updated 13 Jan, 2024 05:02pm

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (January 12, 2024). ==================================== BR...

Published 13 Jan, 2024 05:38am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (January 12, 2024)....

Published 13 Jan, 2024 05:38am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (January 12, 2024). ======================== Open Bid ...

Published 13 Jan, 2024 05:38am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on ...

Published 13 Jan, 2024 05:38am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (January 12, 2024). ========================== KIBOR...

Published 13 Jan, 2024 05:38am

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 13 Jan, 2024 05:38am

Energy

KCCI assails govt for hike in gas tariff

KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Iftikhar Ahmed Sheikh has said that the caretaker...

Published 13 Jan, 2024 05:38am

Cotton & Textile

Modest trading on cotton market

LAHORE: The local cotton market on Friday remained easy and the trading volume remained satisfactory. Cotton ...

Published 13 Jan, 2024 05:38am

Stocks

IT stocks power Indian shares to new highs

BENGALURU: India’s blue-chip indexes hit all-time highs on Friday, and logged weekly gains, led by gains in...

Published 13 Jan, 2024 05:38am

Stocks

China, HK stocks end lower on mixed economic data

SHANGHAI: China and Hong Kong stocks finished the week lower on mixed economic data, while the market is expecting a...

Published 13 Jan, 2024 05:38am

Stocks

European shares advance amid increasing rate cut hopes

PARIS: European shares ended higher on Friday as bond yields fell after soft US data spurred hopes of early interest...

Published 13 Jan, 2024 05:38am

Stocks

Wall Street subdued as mixed bank earnings limit inflation data cheer

NEW YORK: Wall Street’s main indexes were subdued after giving up early gains on Friday, as a mixed bag of big ...

Published 13 Jan, 2024 05:38am

Letters

Issues facing customs agents’ community need attention

Karachi Customs Agents Association The Karachi Customs Agents Association serves as the foremost representative ...

Published 13 Jan, 2024 05:38am

India, Pakistan: 2024 is year of elections

The general elections in Pakistan in February 2024 would soon be followed by the general election in India. Both ...

Published 13 Jan, 2024 05:38am

Fast-changing times

For people who travelled frequently it used to be customary for them to come back with beautiful and sometimes...

Published 13 Jan, 2024 05:38am

Side pact with coal-fired IPPs: ECC refuses to extend support to Power Division

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has reportedly refused to extend support to the...

Updated 13 Jan, 2024 05:03pm

9-cent tariff: Govt yet to cross several bridges?

Issues of rationalization of tariff and circular debt stock reduction were recently discussed at a meeting of the Apex Committee of Special Investment Facilitation Council (SIFC)

Updated 13 Jan, 2024 05:01pm

First credit guarantee co launched for SMEs

ISLAMABAD: The government, Friday, launched the first National Credit Guarantee Company Limited (NCGCL) for small...

Updated 13 Jan, 2024 05:04pm

Sherbano case: Govt mulling filing appeal against SC judgment: AGP

ISLAMABAD: The Attorney General for Pakistan informed the Supreme Court that the federal government is contemplating...

Updated 13 Jan, 2024 09:58am

Importance of democracy within political parties highlighted

ISLAMABAD: Chief Justice Qazi Faez Isa said that not only democracy should be in the country, but also in the...

Published 13 Jan, 2024 05:38am

ECP delists 13 political parties

ISLAMABAD: The Election Commission of Pakistan (ECP) has delisted 13 political parties for not conducting...

Updated 13 Jan, 2024 09:02am

KP CNG stations shut due to growing gas shortages

ISLAMABAD: CNG stations running on indigenous gas and imported LNG are facing either a shortage of gas or closure...

Updated 13 Jan, 2024 09:46am

Notices to fish exporters: FTO directs FBR to initiate proceedings against taxmen

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to initiate proceedings...

Updated 13 Jan, 2024 05:04pm

Onion MEP fixed at $1,200 per MT

KARACHI: The federal government on Friday announced fixation of the minimum export price of onion at $1,200 per...

Updated 13 Jan, 2024 09:01am

Commodities

Gold prices inert

KARACHI: Gold prices on Friday stood nearly stagnant but silver was unmoved on the local market, traders said. Gold...

Published 13 Jan, 2024 05:38am

LCCI hails approval of IMF loan

LAHORE: The office-bearers of the Lahore Chamber of Commerce & Industry including President Kashif Anwar, Senior...

Published 13 Jan, 2024 05:38am

Minister launches Retail Business School

LAHORE: With a view to empowering excellence in retail management and bridging the gap of retail professionals in ...

Published 13 Jan, 2024 05:38am

Hutchison ports extends ROC services to Jazan Port

LAHORE: Local talent of Pakistan in the Ports and Shipping sector is significantly enhancing the efficiency of...

Published 13 Jan, 2024 05:38am

Surge in urea prices to harm farmers: PKI

LAHORE: Pakistan Kissan Ittehad (PKI) expressing concern over the speculations of further potential surge in urea...

Published 13 Jan, 2024 05:38am

Zong 4G and ASA Pakistan (MFB) Ltd sign partnership agreement

KARACHI: Zong 4G, Pakistan's leading digital communication company, has signed a corporate partnership agreement ...

Published 13 Jan, 2024 05:38am

Money & Banking

Indian rupee hits 4-month peak on dollar inflows

MUMBAI: The Indian rupee rose to its highest level in four months on Friday, also marking its best week in a month,...

Published 13 Jan, 2024 05:38am

Money & Banking

China’s yuan steady

SHANGHAI: China’s yuan was largely flat on Friday as regulators continued to support the currency amid ...

Published 13 Jan, 2024 05:38am

Dollar dips after soft US inflation data

Money & Banking

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 12	281.63
USD PKR Interbank Buying / May 12	281.43
USD to Japanese Yen / May 12	145.91
USD to Swiss Franc / May 12	0.83
Pound Sterling to USD / May 12	1.33
Euro to USD / May 12	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
Nasdaq / May 9	17,928.92
Dow Jones / May 9	41,249.38
India Sensex / May 12	81,746.51
Tokyo Nikkei / May 12	37,643.20
Hang Seng / May 12	23,174.79
FTSE 100 / May 12	8,559.54
Germany DAX 30 / May 12	23,721.61
France CAC40 / May 12	7,802.81

Item	Value
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Petrol/Litre / May 12	252.63
Crude Oil USD/Barrel / May 12	61.81
Gold Spot USD/Ounce / May 12	3,279.94
Diesel/Litre / May 12	256.64
Cotton US¢/pound / May 12	67.45

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / May 12 Media Times Limited(MDTL)	1.89 ▲ 0.38 (25.17%)
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	4.99 ▲ 1 (25.06%)
Dewan Farooque Sp. / May 12 Dewan Farooque Spinning Mills Limited(DFSM)	2.96 ▲ 0.59 (24.89%)
Cresent Jute / May 12 Crescent Jute Products Limited(CJPL)	3.19 ▲ 0.59 (22.69%)
Chenab Ltd (Pref) / May 12 Chenab Limited (Pref)(CLCPS)	2.50 ▲ 0.45 (21.95%)
Pace (Pak) Ltd. / May 12 Pace (Pakistan) Limited(PACE)	5.38 ▲ 0.96 (21.72%)
Cres.Star Ins. / May 12 Crescent Star Insurance Limited(CSIL)	2.73 ▲ 0.47 (20.8%)
Al-Shaheer Corp / May 12 Al Shaheer Corporation Limited(ASC)	5.88 ▲ 1 (20.49%)
TPL Corp Ltd / May 12 TPL Corp Limited(TPL)	4.48 ▲ 0.67 (17.59%)
Chenab Ltd / May 12 Chenab Limited(CHBL)	5.89 ▲ 0.88 (17.56%)

Stock	Price
F.Credit & Inv / May 12 First Credit and Investment Bank Limited(FCIBL)	7.02 ▼ -0.69 (-8.95%)
National Silk / May 12 The National Silk & Rayon Mills Limited(NSRM)	38.55 ▼ -3.5 (-8.32%)
Quetta Textile / May 12 Quetta Textile Mills Limited(QUET)	10.31 ▼ -0.75 (-6.78%)
Din Tex. / May 12 Din Textile Mills Limited(DINT)	47 ▼ -2.99 (-5.98%)
Khairpur Sug. / May 12 Khairpur Sugar Mills Limited(KPUS)	113.27 ▼ -6.73 (-5.61%)
Ali Asghar / May 12 Ali Asghar Textile Mills Limited(AATM)	42.44 ▼ -2.43 (-5.42%)
First Elite Cap.Mod / May 12 First Elite Capital Modaraba(FECM)	17.60 ▼ -0.84 (-4.56%)
The Thal Ind.Corp. / May 12 The Thal Industries Corporation Limited(TICL)	309 ▼ -12.01 (-3.74%)
Idrees Tex. / May 12 Idrees Textile Mills Limited(IDRT)	16.51 ▼ -0.55 (-3.22%)
Pak Paper Prod / May 12 Pakistan Paper Products Limited(PPP)	149.50 ▼ -4.61 (-2.99%)

Stock	Volume
At-Tahur Ltd. / May 12 At-Tahur Limited(PREMA)	62,886,298 ▲ 1.13
K-Electric Ltd. / May 12 K-Electric Limited(KEL)	60,432,178 ▲ 0.46
WorldCall Telecom / May 12 Worldcall Telecom Limited(WTL)	54,775,845 ▲ 0.16
Power Cement / May 12 Power Cement Limited(POWER)	32,563,468 ▲ 1.12
Cnergyico PK / May 12 Cnergyico PK Limited(CNERGY)	31,361,344 ▲ 1
B.O.Punjab / May 12 The Bank of Punjab(BOP)	27,018,727 ▲ 0.99
Hub Power Co. / May 12 The Hub Power Company Limited(HUBC)	21,268,571 ▲ 12.58
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	21,040,811 ▲ 1
Pak Int.Bulk / May 12 Pakistan International Bulk Terminal(PIBTL)	14,282,808 ▲ 1
Pak Elektron / May 12 Pak Elektron Limited(PAEL)	11,673,744 ▲ 4.02

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