News Archives for Print - 2024-02-16

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Print - 2024-02-16

Germany overtakes Japan as third-biggest economy

TOKYO: Once forecast to become the world’s biggest economy, Japan slipped below Germany last year to fourth place,...

Published 16 Feb, 2024 06:02am

India’s top court strikes down anonymous election funding scheme

NEW DELHI: India’s top court on Thursday struck down a scheme that allowed anonymous political donations in the form...

Published 16 Feb, 2024 06:02am

BD Nobel winner Yunus says firms ‘forcefully’ taken over

DHAKA: Bangladesh Nobel peace laureate Muhammad Yunus said Thursday that several of his firms were “forcefully”...

Published 16 Feb, 2024 06:02am

HBL EAFC Gaming Tournament crowns champions

KARACHI: The inaugural EAFC Gaming Tournament, held under the auspices of Konnect by HBL, offered a platform for...

Published 16 Feb, 2024 06:02am

HBL PSL-9: Peshawar Zalmi embraces BML as official banking partner

LAHORE: Peshawar Zalmi, renowned for its cricketing prowess and commitment to community engagement, has proudly...

Published 16 Feb, 2024 06:02am

Israel strikes southern Gaza, vows ‘powerful’ Rafah operation

GAZA STRIP: Israel launched a new wave of deadly strikes on southern Gaza Thursday after vowing to push ahead with a...

Published 16 Feb, 2024 06:02am

EU cuts growth and inflation forecasts for 2024

BRUSSELS: The European Commission on Thursday cut both its growth and inflation forecasts for the eurozone in 2024,...

Published 16 Feb, 2024 06:02am

Canada, Australia, NZ call for immediate ceasefire in Gaza

SYDNEY: The leaders of Canada, Australia and New Zealand on Thursday called for an immediate humanitarian ceasefire...

Published 16 Feb, 2024 06:02am

Azerbaijan planning ‘full-scale war’, Armenia warns

YEREVAN: Azerbaijan is planning a “full-scale war” against Armenia, Prime Minister Nikol Pashinyan warned...

Published 16 Feb, 2024 06:02am

‘Here for the long haul’: Protesting Indian farmers set up camp

SHAMBHU (India): Protesting Indian farmers relaxed inside their tractors Thursday as they awaited orders from ...

Published 16 Feb, 2024 06:02am

Kuwait dissolves parliament as political crisis persists

KUWAIT CITY: Kuwait dissolved parliament on Thursday after a protracted stalemate between cabinet ministers and...

Published 16 Feb, 2024 06:02am

SU marks Int’l Anthropology Day

HYDERABAD: The Department of Anthropology and Archaeology, University of Sindh Jamshoro marked International...

Published 16 Feb, 2024 06:02am

Ring Road Southern Loop 3 inaugurated

LAHORE: Inaugurating the Ring Road Southern Loop 3, Punjab Chief Minister Mohsin Naqvi said that said that with the...

Published 16 Feb, 2024 06:02am

Razi appointed BoD Chairman Alhamra

LAHORE: The Chief Minister of Punjab has announced Razi Ahmed's appointment as the Chairman of the Board of ...

Published 16 Feb, 2024 06:02am

PTI-backed independent candidate arrested

LAHORE: In a significant development, Punjab police have apprehended Ahmar Rashid Bhatti, an independent candidate...

Published 16 Feb, 2024 06:02am

Pakistan Super League 2024 Season 09: Police complete security & traffic arrangements

LAHROE: Punjab Police has completed all security and traffic arrangements for matches of Pakistan Super League 2024...

Published 16 Feb, 2024 06:02am

PCB terminates Mohammad Hafeez’s contract

LAHORE: The Pakistan Cricket Board (PCB) Thursday parted ways with former all-rounder Mohammad Hafeez, as his...

Published 16 Feb, 2024 06:02am

PCB terminates Haris Rauf's central contract

LAHORE: Pacer Haris Rauf has been penalised by Pakistan Cricket Board (PCB), following a probe into his refusal to...

Published 16 Feb, 2024 06:02am

New road to Bibi Pak Daman shrine to be completed soon

LAHORE: On the order of the caretaker Chief Minister Punjab Mohsin Naqvi, construction of a new access road to the...

Published 16 Feb, 2024 06:02am

KW&SC installing new systems to boost service delivery

KARACHI: Karachi Water and Sewerage Corporation (KW&SC) is going to install fleet management portal and track...

Published 16 Feb, 2024 06:02am

Election ‘rigging’: JI will release comprehensive white paper: Baloch

LAHORE: Vice Chief of Jamaat-e-Islami Liaqat Baloch has strongly denounced the recent elections, labelling them as...

Published 16 Feb, 2024 06:02am

Global Education Interact Expo held

LAHORE: D' Educationist, a renowned overseas education consultant, orchestrated a highly successful Global Education...

Published 16 Feb, 2024 06:02am

Elahi’s judicial remand extended for 14 days

ISLAMABAD: An Anti-Terrorism Court (ATC), on Thursday, extended the judicial remand of Pakistan Tehreek-e-Insaf ...

Published 16 Feb, 2024 06:02am

CS, IG brief Maryam about Punjab’s key matters

LAHORE: Chief Secretary Punjab Zahid Akhtar Zaman and IG Punjab Captain Usman Anwar (retd) separately met with the...

Published 16 Feb, 2024 06:02am

CCPO Lahore chairs meeting to review police performance

LAHORE: Capital City Police Officer (CCPO) Lahore, Bilal Siddique Kamyana chaired a meeting to assess the ...

Published 16 Feb, 2024 06:02am

Training session at IRM: BISP committed to uplifting marginalised communities: Dr Saqib

ISLAMABAD: Chairperson Benazir Income Support Programme (BISP) Dr Amjad Saqib has that leadership requires vision,...

Published 16 Feb, 2024 06:02am

May 9 riots case: ATC declares 11 PTI leader POs

LAHORE: An Anti Terrorism Court on Thursday declared eleven PTI leaders proclaimed offenders (POs) in another May 9...

Published 16 Feb, 2024 06:02am

‘EuroVillage’ festival at Jinnah Convention Centre tomorrow

ISLAMABAD: The European Union and its Member States organise the popular, family-focused festival “EuroVillage”...

Published 16 Feb, 2024 06:02am

The Weather

KARACHI: The weather report on Thursday (February 15, 2024) and the forecast for Friday (February 16, 2024)...

Published 16 Feb, 2024 06:02am

Pakistan downgraded to ‘authoritarian regime’

PARIS: Democratic standards across the world fell in 2023 amid the spread of wars, authoritarian crackdowns and...

Published 16 Feb, 2024 06:02am

Election ‘internal’ sovereign affair: FO

ISLAMABAD: Foreign Office on Thursday reacted sharply to the questions raised by certain Western countries on the...

Published 16 Feb, 2024 06:02am

PTI delegation meets Fazl

ISLAMABAD: In a significant development in the country’s political scene, a delegation of Pakistan Tehreek-e-Insaf...

Published 16 Feb, 2024 06:02am

Bajwa, Faiz behind ‘no-confidence move’ against IK: Fazl

ISLAMABAD: Jamiat Ulema Islam-Fazl (JUI-F) chief Fazlur Rehman has said ex-COAS and former ISI DG General Faiz were...

Published 16 Feb, 2024 06:02am

Pakistanis among 9 migrants found dead off Tunisia

TUNIS: The Tunisian coastguard found nine migrants dead on Thursday aboard a vessel drifting in the Mediterranean ...

Published 16 Feb, 2024 06:02am

Rainy-windy weather likely till 21st

KARACHI: The upcountry is likely to see rainy-windy weather from the eve of February 17 through Wednesday but a...

Published 16 Feb, 2024 06:02am

Justice Mazahar made 38.5pc payment for plot of land in Lahore, SJC told

ISLAMABAD: The Supreme Judicial Council (SJC) was told that Justice Mazahar Ali Akbar Naqvi, former SC judge, made...

Published 16 Feb, 2024 06:02am

Win notification of Aun withdrawn, ECP tells IHC

ISLAMABAD: The Election Commission of Pakistan (ECP), on Thursday, informed the Islamabad High Court that it has...

Published 16 Feb, 2024 06:02am

PARTLY FACETIOUS: Green energy versus fossil fuel

“So now what?” “Well, I heard the people of Khyber Pakhtunkhwa have en masse supported green energy.” “I...

Published 16 Feb, 2024 06:02am

Shujaat meets Elahi in Adiala jail

ISLAMABAD: After a bitter electoral contest the results of which remain highly disputed, the ice of hostility ...

Published 16 Feb, 2024 06:02am

ECP rejects Nawaz Sharif’s plea

ISLAMABAD: The Election Commission of Pakistan (ECP) has dismissed PML-N supremo Nawaz Sharif’s petition that...

Published 16 Feb, 2024 06:02am

‘PPP wants lion’s share in NA panels’

ISLAMABAD: Pakistan People’s Party (PPP) is seeking to gain maximum posts of chairpersons of various Standing...

Published 16 Feb, 2024 06:02am

Fares of Orange Train, feeder buses increased

LAHROE: The Punjab government has increased fare of Orange Train and feeder buses in the metropolis. According to...

Published 16 Feb, 2024 06:02am

Unlawful activities: PTA processes 1.4m URLs for blocking

ISLAMABAD: Pakistan Telecommunication Authority (PTA) has processed 1.4 million URLs including 308 mobile apps...

Published 16 Feb, 2024 06:02am

President advocates environment for youth nurturing

ISLAMABAD: President Arif Alvi has called for providing an enabling environment for youth to nurture their...

Published 16 Feb, 2024 06:02am

Widespread vote ‘rigging’: JI to observe ‘black day’ today

KARACHI: Jamaat-e-Islami (JI) on Thursday announced that it is observing Friday as a black day to condemn the...

Published 16 Feb, 2024 06:02am

CM inaugurates Ring Road Southern Loop-3 project

LAHORE: The Lahore Ring Road Southern Loop-3 project being halted for the last 12 years has been completed in a...

Published 16 Feb, 2024 06:02am

Approaching an ‘augmented’ IMF programme

What is likely to happen if the country goes into another International Monetary Fund (IMF, or simply the ...

Published 16 Feb, 2024 06:02am

Bridging the huge tax gap

The new coalition federal government will soon be in power, after controversial elections of February 8 2024,...

Published 16 Feb, 2024 06:02am

Letters

Rebuild country’s confidence, revive economy

The political scene seems to have become quite interesting despite global rating agency Moody’s grim forecast ...

Published 16 Feb, 2024 06:02am

Governor opens KPT road

KARACHI: During an inaugural ceremony arranged by KPT, Governor Sindh Muhammad Kamran Khan Tessori unveiled a plaque...

Published 16 Feb, 2024 06:02am

Completing the petroleum value chain

Petroleum products, including crude oil, have the highest share in Pakistan’s external trade. Approximately 20% of...

Published 16 Feb, 2024 06:02am

Stocks

S&P 500, Dow inch up after retail sales tumble

NEW YORK: The S&P 500 and the Dow edged higher on Thursday as investors cheered a higher-than-expected fall in...

Published 16 Feb, 2024 06:02am

Stocks

French, German stocks sprint to record high on earnings cheer

PARIS: European shares rose on Thursday as upbeat corporate earnings pushed French and German stocks to a record...

Published 16 Feb, 2024 06:02am

Stocks

Indian shares extend gains, led by public sector banks

BENGALURU: Indian shares advanced on Thursday, led by a rally in energy and public sector banks, and supported by a...

Published 16 Feb, 2024 06:02am

Stocks

Gulf markets end mixed on earnings

DUBAI: Stock markets in the Gulf ended mixed on Thursday, following a slew of upbeat corporate earnings, while...

Published 16 Feb, 2024 06:02am

Stocks

Tokyo stocks close higher after US rebound

TOKYO: Tokyo stocks closed higher Thursday, supported by a bounce on Wall Street, with attention turning to the...

Published 16 Feb, 2024 06:02am

‘May 9’ protests: Verdict reserved on IK’s plea to issue his production orders

ISLAMABAD: A local court, on Thursday, reserved its verdict on Pakistan Tehreek-e-Insaf (PTI) founder and former...

Published 16 Feb, 2024 06:02am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (February 15, 2024). ==================================== ...

Published 16 Feb, 2024 06:02am

Rates

PSX lands in deep red zone

KARACHI: Pakistan Stock Exchange on Thursday remained under severe pressure and closed in deep red zone due to heavy...

Published 16 Feb, 2024 06:02am

Ogra cuts rates of imported RLNG

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Thursday notified a decline in the rates of imported RLNG...

Updated 16 Feb, 2024 10:01am

Mining and mineral sector: 2 mergers approved by CCP

ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval to two mergers in the mining of copper...

Updated 16 Feb, 2024 09:21am

Energy

SSGC says it achieves milestones, including cut in UFG

KARACHI: Sui Southern Gas Company (SSGC) has achieved the milestone to decrease unaccounted for gas (UFG), ...

Published 16 Feb, 2024 06:02am

Commodities

Gold prices inch up

KARACHI: Gold prices on Thursday posted a slight dip but silver was steady on the local market, traders said. Gold...

Published 16 Feb, 2024 06:02am

Commodities

Rice prices will decrease soon: Indonesia president

JAKARTA: Indonesia’s President Joko Widodo on Thursday said rice prices in the country would decrease slightly in...

Published 16 Feb, 2024 06:02am

Commodities

Malaysian palm oil futures drop on falling exports

MUMBAI: Malaysian palm oil futures dropped on Thursday, weighed down by weakness in rival Chicago soyoil, a sharp...

Published 16 Feb, 2024 06:02am

Commodities

Gold near two-month low

BENGALURU: Gold prices languished near a two-month trough on Thursday as traders lowered expectations of sooner and...

Published 16 Feb, 2024 06:02am

Rates

Activities of Karachi Port Trust

KARACHI: The Karachi Port Trust handled 121,776 tonnes of cargo comprising 74,617 tonnes of import cargo and 47,159...

Published 16 Feb, 2024 06:02am

Commodities

Soybeans, corn stuck at three-year lows

PARIS/CANBERRA: Chicago soybean and corn futures fell on Thursday, holding around three-year lows as abundant...

Published 16 Feb, 2024 06:02am

Commodities

Asia rice: India rates steady at record highs

BENGALURU/MUMBAI/HANOI/BANGKOK: Rates of parboiled rice exported from India held record high levels hit this week...

Published 16 Feb, 2024 06:02am

Commodities

Japanese rubber futures rally

SINGAPORE/TOKYO: Japanese rubber futures rose for a fourth straight session on Thursday, as stronger domestic...

Published 16 Feb, 2024 06:02am

Commodities

Copper ticks up on softer dollar

LONDON: Copper prices rose on Thursday as the US dollar eased and on the back of stable manufacturing demand from ...

Published 16 Feb, 2024 06:02am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday, (February 15, 2024)...

Published 16 Feb, 2024 06:02am

Cotton & Textile

Steady trend on cotton market

LAHORE: The local cotton market on Thursday remained firm and the trading volume was satisfactory. Cotton Analyst...

Published 16 Feb, 2024 06:02am

Energy

US natural gas prices up

NEW YORK: US natural gas futures edged up about 1% on Thursday on forecasts for more demand over the next two weeks...

Published 16 Feb, 2024 06:02am

Commodities

PMEX daily trading report

KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 21.485...

Published 16 Feb, 2024 06:02am

Energy

Oil rises on weaker dollar

NEW YORK: Oil prices rebounded from earlier losses on Thursday on the back of a weak dollar, but an International...

Published 16 Feb, 2024 06:02am

Energy

HCST&SI president slams 65pc increase in gas prices

HYDERABAD: President of the Hyderabad Chamber of Small Traders and Small Industry, (HCST&SI) Muhammad Farooq...

Published 16 Feb, 2024 06:02am

Rates

LME official prices

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

Published 16 Feb, 2024 06:02am

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 16 Feb, 2024 06:02am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (February 15, 2024). ========================== KIBOR...

Published 16 Feb, 2024 06:02am

Forex

Open market rates of foreign currencies

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

Published 16 Feb, 2024 06:02am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (February 15, 2024). ======================== Open ...

Published 16 Feb, 2024 06:02am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (February 15, 2024)....

Published 16 Feb, 2024 06:02am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (February 15, 2024)....

Published 16 Feb, 2024 06:02am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (February 15, 2024)...

Published 16 Feb, 2024 06:02am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (February 15, 2024). ======================================= ...

Published 16 Feb, 2024 06:02am

Cabinet ratifies ECC decision on gas tariffs

Caretaker Prime Minister Anwaar-ul-Haq Kakar chairs federal cabinet meeting

Updated 16 Feb, 2024 10:06am

FBR delays issuance of three key notifications

Taxes

Customs detects Rs27.5bn tax ‘evasion’

KARACHI: An alarming tax evasion scam has been detected by Directorate Post-Clearance Audit (PCA) South, revealing...

Published 16 Feb, 2024 06:02am

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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