News Archives for Print - 2024-02-25

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Print - 2024-02-25

Europe

Italy and Canada sign security deals with Ukraine

KYIV: The leaders of Canada and Italy signed security agreements with Ukraine on Saturday after talks with President...

Published 25 Feb, 2024 04:52am

Middle East

Israel, Hamas seek ceasefire deal

GAZA STRIP: Dozens of Palestinians in the Gaza Strip have been killed in the latest Israeli strikes, the Hamas-run...

Published 25 Feb, 2024 04:52am

UK Tories suspend MP from parliamentary party over ‘Islamophobic’ comments

LONDON: Britain’s ruling Conservatives on Saturday suspended their former deputy chairman from the parliamentary...

Published 25 Feb, 2024 04:52am

South Asia

One die in blast in India’s Manipur state

GUWAHATI: One person died and another was injured in a bomb blast at a college in Imphal, the capital of India’s...

Published 25 Feb, 2024 04:52am

Asia

At least 15 die in building fire in eastern China

BEIJING: At least 15 people died and 44 more were injured in a fire in a residential building in the eastern Chinese...

Published 25 Feb, 2024 04:52am

Hawk-Eye says made error

LAHORE: Hawk-Eye has confirmed to the Pakistan Cricket Board it made a human error while declaring Rilee Rossouw as...

Published 25 Feb, 2024 04:52am

Karachi Kings beat Lahore Qalandars by two wickets

LAHORE: Karachi Kings defeated Lahore Qalandars by two wickets in a thriller of the Pakistan Super League-9 (PSL-9)...

Published 25 Feb, 2024 04:52am

Shehbaz for waging collective efforts to overcome challenges

LAHORE: Emphasising the need for adopting collective approach for steering the country out of crises, Pakistan ...

Published 25 Feb, 2024 04:52am

The Weather

KARACHI: The weather report on Saturday (February 24, 2024) and the forecast for Sunday (February 25, 2024)....

Published 25 Feb, 2024 04:52am

IHC to hear appeals in Toshakhana, cipher cases tomorrow

ISLAMABAD: The Islamabad High Court from Monday (February 26) will hear the appeals of Pakistan Tehreek-e-Insaf ...

Published 25 Feb, 2024 04:52am

Punjab CM election today: Outgoing CM inaugurates upgraded Safari Park

LAHORE: Another promise has been fulfilled by the interim government, as Lahore Safari upgraded project has been...

Published 25 Feb, 2024 04:52am

Marwat ends differences with Gohar

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Sher Afzal Marwat on Saturday reconciled with party chairman...

Published 25 Feb, 2024 04:52am

City School convenes ‘Early Years Consortium’

ISLAMABAD: The City School’s Early Years Consortium 2024 convened here on Saturday under the directive of Dr...

Published 25 Feb, 2024 04:52am

We’ve made ‘successful experiment’ of good governance: Naqvi

LAHORE: The caretaker Punjab cabinet, which met with Chief Minister Mohsin Naqvi in the chair, acknowledged the team...

Published 25 Feb, 2024 04:52am

SFA recovers harmful juice, arrests three

HYDERABAD: The team of Sindh Food Authority Hyderabad acting on the direction of Director General Sindh Food...

Published 25 Feb, 2024 04:52am

Court explains why plaint has to be rejected

LAHORE: The Lahore High Court has held if a suit is found to be barred by limitation the plaint has to be rejected...

Published 25 Feb, 2024 04:52am

SIC doesn’t have ‘numbers’, says Bilawal

KARACHI: Pakistan Peoples’ Party (PPP) Chairman Bilawal Bhutto Zardari said that the Sunni Ittehad Council (SIC)...

Published 25 Feb, 2024 04:52am

PTI, GDA, JI say will observe ‘black day’ on 27th

KARACHI: The opposition parties, PTI, Jamat-e-Islami (JI) and Grand Democratic Alliance (GDA), have called off their...

Published 25 Feb, 2024 04:52am

Caretaker CM heaps praise on Maryam

LAHORE: Announcing full support to Maryam Nawaz, the PML-N nominee for the slot of Punjab Chief Minister, the...

Published 25 Feb, 2024 04:52am

Aleem forgoes PP-149, retains NA-117 seat

LAHORE: Istehkam-e-Pakistan Party (IPP) President Abdul Aleem Khan has foregone the Punjab Assembly seat (PP-149)...

Published 25 Feb, 2024 04:52am

May 9, other cases: ATC to hear bail pleas sans IK’s virtual attendance

LAHORE: An Anti Terrorism Court on Saturday decided to hear the bail petitions of former Chairman PTI Imran Khan in...

Published 25 Feb, 2024 04:52am

Cloudy weather likely

KARACHI: The Pakistan Meteorological Department on Saturday predicted cloudy weather with gusty winds in most parts...

Published 25 Feb, 2024 04:52am

KP: ECP allots women’s seats in NA

ISLAMABAD: The Election Commission of Pakistan (ECP) has issued a notification distributing special women’s seats...

Published 25 Feb, 2024 04:52am

Four ACs abolished in KP

PESHAWAR: Four accountability courts have been abolished in Peshawar, the federal government issued a notification ...

Updated 25 Feb, 2024 09:22am

Implementation of Ramazan relief package to begin on March 4

ISLAMABAD: The federal government will start implementing Ramzan Relief Package of Rs7.492 billion through Utility...

Updated 25 Feb, 2024 10:11pm

Amended oil refinery policy notified

Refineries’ upgradation will bring in an investment of US $5-6 billion and not only result in cleaner environment-friendly fuels but also major savings of precious foreign exchange

Updated 25 Feb, 2024 10:44pm

Caretakers likely to amend Banking Companies Ordinance

ISLAMABAD: The federal government is likely to amend Banking Companies Ordinance, 1962, aimed at allowing voting...

Updated 25 Feb, 2024 10:11pm

CCP grants approval to three mergers

ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval to three mergers concerning M/s Saudi...

Updated 25 Feb, 2024 10:43pm

PML-N’s Malik elected Punjab PA Speaker

LAHORE: In the election held on Saturday, Malik Ahmed Khan of the Pakistan Muslim League-Nawaz (PML-N) secured...

Updated 25 Feb, 2024 10:45pm

Transfer of assets after dissolution: SECP asks NPOs to intimate FBR within 90 days

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has given a 90 days period to the non-profit...

Updated 25 Feb, 2024 08:58am

Cotton & Textile

Faisalabad Yarn and Fiber Prices

FAISALABAD: Yarn Market Rates on Saturday (February 24, 2024) =========================== 6/S-7/S (COTTON)...

Published 25 Feb, 2024 04:51am

Commodities

CBOT corn, soybean slump

CHICAGO: Chicago Board of Trade corn futures on Friday dipped below $4 per bushel in the front-month contract for ...

Published 25 Feb, 2024 04:51am

Cotton & Textile

Firm trend on cotton market

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

Published 25 Feb, 2024 04:51am

Energy

Oil prices decline

NEW YORK: Oil prices fell nearly 3% lower on Friday and posted a weekly decline after a US central bank policymaker...

Published 25 Feb, 2024 04:51am

Commodities

Gold gains on dollar weakness

BENGALURU: Gold prices were set for a weekly gain on Friday, buoyed by a softer dollar and safe-haven demand from...

Published 25 Feb, 2024 04:51am

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 26.250...

Published 25 Feb, 2024 04:51am

Commodities

Nickel prices climb

LONDON: Nickel prices were heading for their biggest weekly gain in seven months on Friday as expansion of Western...

Published 25 Feb, 2024 04:51am

Commodities

Prices of essential kitchen items show rising trend

ISLAMABAD: The prices of essential kitchen items have witnessed an increasing trend during this week past against ...

Published 25 Feb, 2024 04:51am

Letters

This interim setup doesn’t deserve any praise?

This is apropos a Business Recorder op-ed “There’s need to focus on economy” carried by the newspaper...

Published 25 Feb, 2024 04:51am

In urgent need of assistance

EDITORIAL: Millions of Pakistanis travel to or live and work in other countries, where they may need consular...

Published 25 Feb, 2024 04:51am

Flood waters have reached Islamabad?

It seems that the flood waters are now gushing towards the capital of the Islamic Republic of Pakistan. I remember ...

Published 25 Feb, 2024 04:51am

PTI-backed independents, JI & GDA MPAs-elect boycott Sindh PA proceedings: MQM-P, PPP MPAs-elect take oath

KARACHI: About all the newly elected members of the PPP and MQM-P on Saturday took oath as the provincial ...

Updated 25 Feb, 2024 09:02am

‘No mention of certain words of Article 20’: SC to hear Punjab govt’s plea seeking review of order tomorrow

ISLAMABAD: The Supreme Court will hear the Punjab government’s petition to review its order dated February 6, 2024...

Updated 25 Feb, 2024 09:01am

Speaker, Deputy Speaker to be elected today

The voting for the slots will begin at 11 am today

Updated 25 Feb, 2024 09:07am

Election for CM tomorrow

The polling for the election of the CM will be held at about 11 a.m. on Monday (February 26)

Updated 25 Feb, 2024 09:08am

2.27m cellphones made/assembled locally in Jan

ISLAMABAD: The local manufacturing/assembling plants manufactured/assembled 2.27 million mobile handsets during the...

Updated 25 Feb, 2024 09:03am

NA: ECP assigns non-Muslim seats

ISLAMABAD: The Election Commission of Pakistan (ECP) has issued a notification allocating non-Muslim special seats ...

Updated 25 Feb, 2024 09:05am

Balochistan Assembly: oath-taking session on 28th

QUETTA: The Balochistan Assembly’s session for the oath-taking of the newly elected MPAs has been summoned on...

Updated 25 Feb, 2024 09:06am

Democracy in trouble

EDITORIAL: As global headlines continue to be dominated by news of wars, immigration crises, flawed electoral...

Published 25 Feb, 2024 04:51am

Governor for exchange of Pak-Croatia business delegations

LAHORE: Punjab Governor Muhammad Balighur Rehman has said that to promote trade relations between Pakistan and...

Published 25 Feb, 2024 04:51am

Zambia signs creditor agreement with China and India

LUSAKA: Zambian President Hakainde Hichilema said on Saturday that his country had signed a long-awaited official...

Published 25 Feb, 2024 04:51am

Rising cost of doing business hurts growth of industries: analyst

KARACHI: By setting up our priorities we have to overcome the prevailing most daunting national economic challenges...

Published 25 Feb, 2024 04:51am

PAAPAM opposes proposed hike in ST on automobiles

LAHORE: The Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has voiced serious...

Published 25 Feb, 2024 04:51am

Taxes

Bicycle maker fails to claim input tax adjustment

LAHORE: A bicycle manufacturer has failed to fulfill the conditions prescribed for claiming input tax adjustment...

Published 25 Feb, 2024 04:51am

LCCI in partnership with ACCA hosts ‘Tax Clinic’

Industry

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 15	281.68
USD PKR Interbank Buying / May 15	281.43
USD to Japanese Yen / May 15	145.80
USD to Swiss Franc / May 15	0.84
Pound Sterling to USD / May 15	1.33
Euro to USD / May 15	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 14	5,892.58
Nasdaq / May 14	19,146.81
Dow Jones / May 14	42,051.06
India Sensex / May 15	80,937.53
Tokyo Nikkei / May 15	37,755.51
Hang Seng / May 15	23,453.16
FTSE 100 / May 15	8,561.58
Germany DAX 30 / May 15	23,462.44
France CAC40 / May 15	7,814.71

Item	Value
Karachi Cotton PKR/37.32 KG / May 14	16,985
Gold 10 Grams PKR / May 14	293,124
Petrol/Litre / May 15	252.63
Crude Oil USD/Barrel / May 15	60.66
Gold Spot USD/Ounce / May 15	3,162.99
Diesel/Litre / May 15	256.64
Cotton US¢/pound / May 15	65.21

Gainers
Losers
Leaders

Stock	Price
Cres.Star Ins. / May 15 Crescent Star Insurance Limited(CSIL)	3.02 ▲ 0.41 (15.71%)
Parmount Sp. / May 15 Paramount Spinning Mills Limited(PASM)	3.70 ▲ 0.46 (14.2%)
Ghani Chemworld / May 15 Ghani Chemworld Limited(GCWL)	9.14 ▲ 1 (12.29%)
S.G.Power / May 15 S.G. Power Limited(SGPL)	8.65 ▲ 0.94 (12.19%)
Premier Insurance / May 15 Premier Insurance Limited(PINL)	5.83 ▲ 0.63 (12.12%)
Dewan Mushtaq / May 15 Dewan Mushtaq Textile Mills Limited(DMTM)	9.83 ▲ 1 (11.33%)
Hala Enterprise / May 15 Hala Enterprises Limited(HAEL)	13.26 ▲ 1.21 (10.04%)
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	22.06 ▲ 2.01 (10.02%)
Flying Cement / May 15 Flying Cement Company Limited(FLYNG)	49.46 ▲ 4.5 (10.01%)
Octopus Digital / May 15 Octopus Digital Limited(OCTOPUS)	52.09 ▲ 4.74 (10.01%)

Stock	Price
Olympia Mills / May 15 Olympia Mills Limited(OML)	50.47 ▼ -5.06 (-9.11%)
Hussain Industries / May 15 Husein Industries Limited(HUSI)	26.65 ▼ -2.64 (-9.01%)
Apna Microfin. / May 15 Apna Microfinance Bank Limited(AMBL)	10.04 ▼ -0.91 (-8.31%)
Askari Life Assur. / May 15 Askari Life Assurance Company Limited(ALAC)	4.63 ▼ -0.35 (-7.03%)
Imperial Limited / May 15 Imperial Limited(IML)	16.52 ▼ -1.23 (-6.93%)
B. F. Mod. / May 15 B.F. Modaraba(BFMOD)	8.73 ▼ -0.61 (-6.53%)
Punjab Oil / May 15 Punjab Oil Mills Limited(POML)	186.82 ▼ -11.54 (-5.82%)
Equity Modaraba / May 15 First Equity Modaraba(FEM)	2.85 ▼ -0.16 (-5.32%)
Pakgen Power / May 15 Pakgen Power Limited(PKGP)	114.14 ▼ -6.39 (-5.3%)
Ashfaq Textile / May 15 Ashfaq Textile Mills Limited(ASHT)	12.34 ▼ -0.68 (-5.22%)

Stock	Volume
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	50,818,876 ▲ 2.68
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	47,570,881 ▲ 0.48
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	40,246,546 ▲ 0.16
Kohinoor Spining / May 15 Kohinoor Spinning Mills Limited(KOSM)	32,888,417 ▲ 0.18
At-Tahur Ltd. / May 15 At-Tahur Limited(PREMA)	29,667,657 ▲ 4.48
Sui South Gas / May 15 Sui Southern Gas Company Limited(SSGC)	25,344,612 ▲ 0.91
Waves Corporation / May 15 Waves Corporation Limited(WAVES)	21,773,148 ▲ 0.29
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	16,962,449 ▲ 3.34
B.O.Punjab / May 15 The Bank of Punjab(BOP)	16,957,410 ▲ 0.15
WorldCall Telecom / May 15 Worldcall Telecom Limited(WTL)	16,572,822 ▲ 0.03

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