News Archives for Print - 2024-03-21

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Print - 2024-03-21

IK’s attendance issue: Another show-cause notice issued to jail authorities

ISLAMABAD: A local court, on Wednesday, issued another show cause to the Adiala jail superintendent after it was...

Published 21 Mar, 2024 06:33am

Prize distribution ceremony of 8th edition of Oxford Big Read (OBR) competition held

KARACHI: Celebrating literary excellence, Oxford University Press Pakistan, organized the Prize Distribution ...

Published 21 Mar, 2024 06:31am

Sindh govt launches ‘Kisan Card’ programme for farmers

KARACHI: The Sindh government has announced the launching of the Kisan Card program across the province. The ...

Published 21 Mar, 2024 06:26am

UBG urges President, PM to engage with business community vigorously

KARACHI: Zubair Tufail, President of the United Business Group (UBG), has urged both President Zardari and Prime...

Published 21 Mar, 2024 06:23am

Alvi inquires about health of JI’s Hafiz Naeem

KARACHI: Former President, Arif Alvi recently paid a visit to JI Karachi Chief, Hafiz Naeemur Rehman at a local...

Published 21 Mar, 2024 06:21am

Commodities

Gold prices up

KARACHI: Gold prices on Wednesday posted some more gains on the local market but silver was steady, traders said....

Published 21 Mar, 2024 06:19am

Shortage continues unabated: Need for promoting local production of insulin stressed

KARACHI: Experts said Pakistan will have to achieve local production of insulin to resolve its shortage, stressing...

Updated 21 Mar, 2024 10:21am

SAU, FAO to install new flux tower at Latif Farm

HYDERABAD: A new Flux Tower is set to be installed at the Latif Farm of Sindh Agriculture University (SAU) Tandojam,...

Published 21 Mar, 2024 06:16am

Industry

PCJCCI chief underscores importance of CPEC’s role in Balochistan’s development

LAHORE: In a recent deliberation at the Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) Secretariat,...

Published 21 Mar, 2024 06:15am

Railways to operate four Eid special trains

LAHORE: In preparation for Eid-ul-Fitr, Pakistan Railways CEO Aamir Ali Baloch has declared the operation of four ...

Published 21 Mar, 2024 06:14am

KP Irrigated-Agriculture Improvement Project: World Bank rates implementation progress as ‘moderately satisfactory’

ISLAMABAD: The World Bank has rated the implementation progress of the “Khyber Pakhtunkhwa Irrigated-Agriculture...

Published 21 Mar, 2024 06:13am

Letters

A judge, like Caesar’s wife, must be above suspicion?

In a major development, President Asif Ali Zardari has approved the dismissal of Supreme Court (SC) former Justice...

Published 21 Mar, 2024 06:12am

Energy

Domestic, economic and commercial: GC varsity’s students apprised of Fesco’s role in promoting activities

FAISALABAD: Additional (DG) Public Relations, Faisalabad Electric Supply Company (Fesco) Tahir Sheikh has said that...

Published 21 Mar, 2024 06:11am

PML-N, PPP make fresh attempt to hand Discos over to provinces

LAHORE: The Pakistan Muslim League Nawaz (PML-N) and the Pakistan People’s Party (PPP) have reattempted to hand...

Published 21 Mar, 2024 06:11am

Dastak programme reviewed: Punjab CM orders launch of app, call service

LAHORE: With a view to extending home services to the people of Punjab, Chief Minister Maryam Nawaz Sharif has...

Published 21 Mar, 2024 06:09am

Industry

Investment in corporate farming areas: FPCCI highlights criticality of creation of proper infrastructure

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Central Standing Committee on Agriculture...

Published 21 Mar, 2024 06:08am

EU envoy, minister discuss issues relating to GSP+ system

ISLAMABAD: EU Ambassador Riina Kionka called on Pakistan’s Federal Minister for Commerce, Jam Kamal Khan, and...

Published 21 Mar, 2024 06:07am

Industry

‘Provision of quality, affordable telecom services top priority’

ISLAMABAD: Minister of State for IT and Telecommunication Shaza Fatima Khawaja has said that the provision of ...

Published 21 Mar, 2024 06:05am

Directorate General of IPRE achieves milestones

KARACHI: The Directorate General of Intellectual Property Rights (DGIPRE) under the leadership of Iram Maqbool ...

Published 21 Mar, 2024 06:05am

Zardari for expanding scope of bilateral cooperation with Japan

ISLAMABAD: President Asif Ali Zardari has called for expanding the scope of bilateral cooperation between Pakistan...

Published 21 Mar, 2024 06:03am

IK says former president Alvi did his level best to resolve issues

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan, on Wednesday, said that he is not annoyed with former...

Published 21 Mar, 2024 06:01am

Taxes

FBR revamp: IHC dismisses IR officer’s petition

ISLAMABAD: The Islamabad High Court (IHC) has dismissed a petition filed by an Inland Revenue officer against the...

Published 21 Mar, 2024 06:00am

Plan aimed at providing agri machinery to farmers being implemented

LAHORE: Only 35 per cent of the farmers in Pakistan are using modern agricultural equipment to carry out their...

Updated 21 Mar, 2024 06:10am

Danish made ‘Justice of Peace of South Karachi’

KARACHI: The Sindh government has appointed Danish Aman as Justice of Peace, within territorial limits of District...

Updated 21 Mar, 2024 06:20am

Senate Democrats urge ‘bold’ US push on Palestinian state

WASHINGTON: More than a third of the US Senate’s Democrats called on President Joe Biden’s administration...

Published 21 Mar, 2024 05:22am

India’s richest 1pc has highest concentration of wealth in decades, study shows

NEW DELHI: The wealth concentrated in the richest 1 percent of India’s population is at its highest in six decades...

Published 21 Mar, 2024 05:22am

ICC Women’s championship 2022-25: West Indies women’s cricket team due on April 14

LAHORE: Pakistan all set to host their final set of ICC Women’s Championship 2022-25 matches at home, as West...

Published 21 Mar, 2024 05:22am

NESPAK presents stadium upgradation plan to PCB chairman

LAHORE: Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi called on the NESPAK (National Engineering Services of...

Published 21 Mar, 2024 05:22am

Indonesia’s Prabowo wins presidential election

JAKARTA: Indonesia’s election commission on Wednesday formally announced Defence Minister Prabowo Subianto had...

Published 21 Mar, 2024 05:22am

Africa

South Sudan gunmen kill 15 people in ambush

JUBA: Fifteen people, including a regional commissioner, died when their convoy was ambushed in South Sudan’s...

Published 21 Mar, 2024 05:22am

Saudi Arabia boosts funding to UNRWA by $40m

RIYADH: A Saudi-funded humanitarian agency pledged on Wednesday to boost the kingdom’s funding to the UN...

Published 21 Mar, 2024 05:22am

French navy seizes 10.7 tonnes of cocaine off African coast

BREST: The French navy has seized 10.7 tonnes of cocaine with a street value of hundreds of millions of dollars from...

Published 21 Mar, 2024 05:22am

Russia using ‘fear’ to rule occupied Ukraine: UN

KYIV: Russia has tortured and arbitrarily detained people in occupied Ukraine, creating a “climate of fear” and...

Published 21 Mar, 2024 05:22am

Blinken tours Mideast as Israel-Hamas war pushes Gaza towards famine

GAZA STRIP: US top diplomat Antony Blinken touched down Wednesday in the Middle East to bolster international ...

Published 21 Mar, 2024 05:22am

The Kremlin saw off Navalny - what now for Russia’s opposition?

LONDON: On the night he celebrated extending his rule to at least 2030, Russian President Vladimir Putin did...

Published 21 Mar, 2024 05:22am

WTO chief sees fisheries subsidies deal ratified before year’s end

ABUJA: The World Trade Organization’s director-general said on Wednesday she was hopeful a fisheries subsidies...

Published 21 Mar, 2024 05:22am

Italy plans 1-bn-euro AI investment fund

ROME: Italian Prime Minister Giorgia Meloni on Tuesday announced a one-billion-euro investment fund to promote...

Published 21 Mar, 2024 05:22am

Two terrorists gunned down in North Waziristan IBO

ISLAMABAD: Two terrorists were gunned down in an intelligence-based operation (IBO) in Khyber Pakhtunkhwa’s (KP)...

Published 21 Mar, 2024 05:22am

Gwadar Port Complex: eight attackers killed

ISLAMABAD: A group of eight terrorists attempted to enter Port Authority Complex in Gwadar on Wednesday, which was...

Published 21 Mar, 2024 05:22am

Seeking ‘audit’ of Feb 8 polls, PTI moves SC

ISLAMABAD: The Supreme Court (SC) has been urged to constitute a judicial commission, consisting of serving SC ...

Published 21 Mar, 2024 05:22am

WPV1: Nine sewage samples tested positive

ISLAMABAD: The health authorities have collected nine sewage samples from six districts of the country that have...

Published 21 Mar, 2024 05:22am

Lu submits written testimony in US Congress: ‘Despite complaints Pakistan polls were as per law’

WASHINGTON: US Assistant Secretary of State for South and Central Asian Affairs Donald Lu has submitted a written...

Published 21 Mar, 2024 05:22am

MBS, Munir discuss a raft of challenges

JEDDAH: Chief of Army Staff (COAS) General Syed Asim Munir has called on Saudi Crown Prince and Prime Minister...

Published 21 Mar, 2024 05:22am

President approves dismissal of former Justice Mazahar

ISLAMABAD: President Asif Ali Zardari approved the dismissal of Supreme Court (SC) former Justice Sayyed Mazahar Ali...

Published 21 Mar, 2024 05:22am

Punjab Police & private college sign MoU

LAHORE: Inspector General Police Punjab Dr Usman Anwar has taken another good measure for the higher technical...

Published 21 Mar, 2024 05:22am

PM calls for simplifying civil and criminal laws

ISLAMABAD: The first meeting of the Special Committee for Legal and Judicial Reforms was held Wednesday under the...

Published 21 Mar, 2024 05:22am

PFA imposes Rs1.15m fine on four FBOs, discards 1,200kg substandard gram flour

LAHORE: The Punjab Food Authority (PFA) slapped a collective fine of Rs 1.150 million on four Food Business ...

Published 21 Mar, 2024 05:22am

Pakistan for conclusion of ESP agreement with UK

ISLAMABAD: British High Commissioner to Pakistan Jane Marriott on Wednesday called on Prime Minister Shehbaz Sharif,...

Published 21 Mar, 2024 05:22am

Recounting in NA-133, Kasur: LHC suspends ECP’s notice

LAHORE: The Lahore High Court on Wednesday suspended a notice of Election Commission of Pakistan (ECP) issued on an...

Published 21 Mar, 2024 05:22am

Flour bags bearing photo of Nawaz: LHC seeks reply from govt within a week

LAHORE: The Lahore High Court on Wednesday sought reply from the government within a week on a petition against...

Published 21 Mar, 2024 05:22am

JI chief advocates for de-politicization of institutions

LAHORE: Chief of Jamaat-e-Islami Sirajul Haq has advocated for the de-politicization of institutions, holding feudal...

Published 21 Mar, 2024 05:22am

Implementation of Sikh Marriage Act 2018 proves milestone: Ramesh

LAHORE: In order to discuss various proposals regarding the establishment of reconciliation council and appointment...

Published 21 Mar, 2024 05:22am

Complainants get Rs8.8m dues on Ombudsman orders

LAHORE: On the orders of Provincial Ombudsman Punjab Major Azam Suleman Khan (R), various provincial departments,...

Published 21 Mar, 2024 05:22am

Apni Chhat, Apna Ghar Project: CM reviews construction of 100,000 houses

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif, while chairing a review meeting on the construction of 100,000...

Published 21 Mar, 2024 05:22am

Cardiology hospitals increasing capacity to facilitate patients

LAHORE: Pursuant to the directions of Punjab Chief Minister Maryam Nawaz, all the cardiology hospitals across the...

Published 21 Mar, 2024 05:22am

Punjab govt: Bar member moves against Nawaz chairing meetings

LAHORE: A bar member has approached the Lahore High Court against Nawaz Sharif for chairing administrative meetings...

Published 21 Mar, 2024 05:22am

Aurangzeb, UAE envoy discuss establishment of SIFC

ISLAMABAD: Ambassador of the United Arab Emirates (UAE) to Pakistan Hamad Obaid Ibrahim Salim Alzaabi called on...

Published 21 Mar, 2024 05:22am

Aurangzeb for strengthening ties with Turkiye

ISLAMABAD: The Turkish Ambassador to Pakistan, Dr Mehmet Pacaci, called on Minister for Finance and Revenue, ...

Published 21 Mar, 2024 05:22am

Speaker, Dy Speaker condole deaths of coalminers

ISLAMABAD: National Assembly of Pakistan Speaker Sardar Ayaz Sadiq and National Assembly Deputy Speaker Syed Ghulam...

Published 21 Mar, 2024 05:22am

Sherry for implementation of national clean air policy

ISLAMABAD: Pakistan People’s Party (PPP Vice) President Senator Sherry Rehman on Wednesday expressed deep concern...

Published 21 Mar, 2024 05:22am

Hamza Camp attack case: 5 accused granted bail by SC

ISLAMABAD: The Supreme Court remarked how on the basis of a head constable’s statement it deem the former prime...

Published 21 Mar, 2024 05:22am

‘Mega corruption’ references: PTI flays acquittal of Nawaz’s sons

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) severely criticised the acquittal of Hassan and Hussain Nawaz – the sons...

Published 21 Mar, 2024 05:22am

IK, Qureshi, Rashid acquitted in two cases

ISLAMABAD: A local court, on Wednesday, acquitted Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan, PTI vice...

Published 21 Mar, 2024 05:22am

Senate elections: code of conduct unveiled

ISLAMABAD: Any person in service of Pakistan shall not promote or hinder the election of a contesting candidate in...

Published 21 Mar, 2024 05:22am

The Weather

KARACHI: The weather report on Wednesday (March 20, 2024) and the forecast for Thursday (March 21, 2024)...

Published 21 Mar, 2024 05:22am

Rates

Equities extend gains

KARACHI: A bullish trend continued on Pakistan Stock Exchange on Wednesday on the back of aggressive buying, mainly...

Published 21 Mar, 2024 05:22am

Energy

Nuclear Energy Summit at Brussels: Dar’s participation to increase collaboration with IAEA: FO

ISLAMABAD: The Foreign Office said on Wednesday that Foreign Minister Ishaq Dar’s participation in the Nuclear...

Published 21 Mar, 2024 05:22am

PARTLY FACETIOUS: In Pakistan, we do have royalty

“H and H have been vindicated.” “I am not sure about that, Her Highness the Princess of Wales doctored the...

Published 21 Mar, 2024 05:22am

Hawkish SBP, happy IMF

Some say it was stubborn food inflation that forced SBP’s hand at the MPC, combining with the usual Ramazan effect...

Updated 21 Mar, 2024 06:35am

Securing Pakistan’s banking and fintech revolution

‘Fraud Risk’, specifically also in Pakistani banking industry becomes a key component of Risk in last decade due...

Updated 21 Mar, 2024 06:35am

Stocks

Wall St holds ground ahead of Fed decision

NEW YORK: Wall Street’s main stock indexes were little changed on Wednesday as investors awaited the conclusion of...

Published 21 Mar, 2024 05:22am

Stocks

Luxury stocks pressure European equities ahead of Fed verdict

PARIS: European shares were flat on Wednesday, pressured by a sell-off in luxury stocks and in the absence of big...

Published 21 Mar, 2024 05:22am

Stocks

China, HK stocks edge up as sentiment improves

SHANGHAI: Chinese stocks closed up on Wednesday as investor sentiment improved slightly on upbeat data released this...

Published 21 Mar, 2024 05:22am

Stocks

Indian shares flat as caution prevails on Fed decision

BENGALURU: India’s blue-chips treaded water on Wednesday, hovering around five-week lows hit in the previous...

Published 21 Mar, 2024 05:22am

Rates

Activities of Karachi Port Trust and Port Qasim

KARACHI: The Karachi Port Trust handled 158,997 tonnes of cargo comprising 123,063 tonnes of import cargo and 35,934...

Published 21 Mar, 2024 05:22am

Commodities

Malaysian palm oil futures rebound on strong exports

JAKARTA: Malaysian palm oil futures rebounded on Wednesday, as better export figures and expectation of easing...

Published 21 Mar, 2024 05:22am

Commodities

PMEX daily trading report

KARACHI: On Tuesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR25.910...

Published 21 Mar, 2024 05:22am

Commodities

Gold slips on stronger dollar

BENGALURU: Gold prices drifted lower on Wednesday as the US dollar firmed, while traders awaited the US Federal...

Published 21 Mar, 2024 05:22am

Energy

Oil slips from highs ahead of Fed decision

NEW YORK: Oil prices fell on Wednesday after hitting multi-month highs in the previous session, as investors braced...

Published 21 Mar, 2024 05:22am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (March 20, 2024)...

Published 21 Mar, 2024 05:22am

Cotton & Textile

Sluggish business on cotton market

LAHORE: The local cotton market on Wednesday remained sluggish and the trading volume remained low. Cotton Analyst...

Published 21 Mar, 2024 05:22am

Commodities

Copper slips on demand worries

LONDON: Copper prices retreated further from an 11-month peak on Wednesday, on worries about demand in top metals...

Published 21 Mar, 2024 05:22am

Commodities

Vietnam faces $3bn annual crop losses from rising saltwater levels

HANOI: Vietnam faces nearly $3 billion a year in crop losses as more saltwater seeps into arable land, state media...

Published 21 Mar, 2024 05:22am

Rates

LME official prices

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

Published 21 Mar, 2024 05:22am

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 21 Mar, 2024 05:22am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Wednesday (March 20, 2024). ========================== KIBOR...

Published 21 Mar, 2024 05:22am

Forex

Open market rates of foreign currencies

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

Published 21 Mar, 2024 05:22am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (March 20, 2024). ======================== Open Bid...

Published 21 Mar, 2024 05:22am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (March 20, 2024)....

Published 21 Mar, 2024 05:22am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (March 20, 2024)....

Published 21 Mar, 2024 05:22am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (March 20, 2024)...

Published 21 Mar, 2024 05:22am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Wednesday (March 20, 2024). ======================================= Offset...

Published 21 Mar, 2024 05:22am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (March 20, 2024). ==================================== BR...

Published 21 Mar, 2024 05:22am

Country needs ‘another’ IMF programme: PM

Says rising electricity and gas theft, low tax-to-GDP ratio and rapid increase in expenditure need to be dealt with seriously

Updated 21 Mar, 2024 09:54am

IMF says will disburse final SBA tranche

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 8	278.28
USD PKR Interbank Buying / May 8	278.03
USD to Japanese Yen / May 8	155.51
USD to Swiss Franc / May 8	0.91
Pound Sterling to USD / May 8	1.25
Euro to USD / May 8	1.07

Stock	Volume
S&P 500 / May 8	5187.67
India Sensex / May 8	73466.39
Tokyo Nikkei / May 8	38202.37
Nasdaq / May 8	16302.76
Hang Seng / May 8	18313.86
FTSE 100 / May 8	8354.05
Dow Jones / May 8	39056.39
Germany DAX 30 / May 8	18498.38

Item	Value
Karachi Cotton PKR/37.32 KG / May 7	19935
Crude Oil USD/Barrel / May 8	78.99
Gold 10 Grams PKR / May 8	205075
Gold Spot USD/Ounce / May 8	2308.85
Cotton US¢/pound / May 8	80.06
Petrol/Litre / May 9	288.49

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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