News Archives for Print - 2024-03-31

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Print - 2024-03-31

US to impose new visa curbs on Hong Kong officials

WASHINGTON: The United States said on Friday it will impose new visa restrictions on a number of Hong Kong officials...

Updated 31 Mar, 2024 09:14am

Europe

Bulgaria, Romania take first steps into Europe’s vast visa-free zone

BUCHAREST: After 13 years of waiting, Bulgaria and Romania are to partially join the Europe’s vast Schengen area ...

Published 31 Mar, 2024 02:53am

Heavy rainfall claims seven lives in KP

PESHAWAR: As many as seven people died and nine others were injured due to last day’s rain in Khyber Pakhtunkhwa...

Published 31 Mar, 2024 02:53am

Feb 8 polls: Victory of 41 returned candidates challenged by runner-up candidates

LAHORE: The victory of 41 returned candidates of the February 8 general election including Federal Minister for...

Published 31 Mar, 2024 02:53am

Punjab set to launch grand operation against power theft, smuggling & hoarding

LAHORE: The Punjab government is all set to launch a grand operation against electricity heft, smuggling and...

Published 31 Mar, 2024 02:53am

New low-priced cigarette product termed violation of FEA

ISLAMABAD: The multinational tobacco companies have allegedly violated the Federal Excise Act and introduced a...

Published 31 Mar, 2024 02:53am

Rejection of nomination papers: LHC disposes of appeal of Zulfi Bokhari

LAHORE: A division bench of the Lahore High Court on Saturday disposed of an appeal of Zulfi Bokhari against...

Published 31 Mar, 2024 02:53am

Getz Pharma rejects ‘false’ news about its product

LAHORE: Getz Pharma manufactures safe and efficacious medicines in its WHO, PIC/s, and EAEU pre-qualified...

Published 31 Mar, 2024 02:53am

Campaign launched to seek ban on kite flying

LAHORE: In collaboration with the motorcycle company, Honda Atlas, the Lahore administration launched an urban ...

Published 31 Mar, 2024 02:53am

Physical remand cannot be granted in other FIRs once the accused remanded to judicial custody: LHC

LAHORE: The Lahore High Court (LHC) held that the physical remand of an accused lodged to judicial custody cannot be...

Published 31 Mar, 2024 02:53am

Iraqi envoy for strengthening bilateral trade relations

ISLAMABAD: Ambassador of Iraq to Pakistan Hamid Abbas Lafta reaffirmed the commitment to further enhance and...

Published 31 Mar, 2024 02:53am

Industry

‘SIFC should push for Safe Cities for FDI success in country’

ISLAMABAD: Special Investment Facilitation Council (SIFC) should push for Safe Cities for FDI success in the ...

Published 31 Mar, 2024 02:53am

Alkhidmat offers interest-free loans

KARACHI: With a gracious gesture, Alkhidmat Karachi under its microfinance programme offers interest free loans to...

Published 31 Mar, 2024 02:53am

Pakistan wants to further enhance ties with Russia: PM

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Saturday, while noting the historic cordial ties between...

Published 31 Mar, 2024 02:53am

Islamabad: over 140 incidents of crimes reported in one week

ISLAMABAD: Over 140 incidents of crimes including carjacking, mobile phone and cash snatching as well as robberies ...

Published 31 Mar, 2024 02:53am

Seminar on tax education and awareness held

ISLAMABAD: Under the auspices of the Federal Board of Revenue’s Public Relations Wing, a seminar on tax education...

Published 31 Mar, 2024 02:53am

APNS appoints Jamil Chairman of Punjab Provincial Committee

KARACHI: The President, Nazafreen Saigol Lakhani and the Secretary General, Sarmad Ali of the All Pakistan ...

Published 31 Mar, 2024 02:53am

Rs8.5bn JICA projects: progress discussed

KARACHI: Sindh Chief Minister Syed Murad Ali Shah in his meeting with Ambassador of Japan Wada Mitsuhiro discussed...

Published 31 Mar, 2024 02:53am

The Weather

KARACHI: The weather report on Saturday (March 30, 2024) and the forecast for Sunday (March 31, 2024)....

Published 31 Mar, 2024 02:53am

Sindh: JI, GDA decide to boycott Senate vote

JI had decided to remain 'impartial' in the upcoming Senate elections, slated to happen on April 2

Updated 31 Mar, 2024 10:44am

Dozens of pro-Palestinian protesters arrested

Videos circulating on social media show men chanting anti-Israel slogans, carrying a banner inscribed with Free Palestine

Updated 31 Mar, 2024 09:29am

ATC sentences 51 May 9 accused to five years in prison

GUJRANWALA: A judge in Gujranwala’s Anti-Terrorism Court (ATC) has issued the first verdict in a string of cases...

Published 31 Mar, 2024 02:53am

Rana Mashhood takes charge as Chairman PM’s Youth Programme

ISLAMABAD: Rana Mashhood Ahmed Khan on Saturday took charge as Chairman of Prime Minister’s Youth Programme. With...

Published 31 Mar, 2024 02:53am

Kashmir Affairs & G-B: Amir Muqam given additional charge

ISLAMABAD: Prime Minister Shehbaz Sharif has assigned additional charge of the Ministry of Kashmir Affairs and...

Published 31 Mar, 2024 02:53am

Cotton & Textile

Faisalabad Yarn and Fiber Prices

FAISALABAD: Yarn Market Rates on Saturday (MARCH 30, 2024) =========================== 6/S-7/S (COTTON)...

Published 31 Mar, 2024 02:53am

New quality productive forces drive high-quality development in China

Currently, China is accelerating the development of new quality productive forces, vigorously promoting the...

Published 31 Mar, 2024 02:53am

Polarization and threat to society

Long hauls often necessitate one to walk around inside the aircraft. I often stand peering through the tiny window...

Published 31 Mar, 2024 02:53am

Letters

‘CrossTalk: Genocide-in-arms’

First things first, Peter Lavelle, the host of Russian TV RT’s flagship program “CrossTalk”, and all the ...

Published 31 Mar, 2024 02:53am

Energy

Oil price hike will fuel inflation, says expert

KARACHI: The hike in petroleum prices is the most talked about topic these days. There are lot of assumptions about...

Published 31 Mar, 2024 02:53am

Energy

South Sudan oil revenue dwindles

JUBA: South Sudan’s revenue from crude oil sales has dwindled as war in neighbouring Sudan shut down a pipeline to...

Published 31 Mar, 2024 02:53am

Commodities

India mandates weekly reporting on wheat stocks to prevent hoarding

MUMBAI: India has asked traders, major retailers and food processors to declare wheat stocks every Friday from April...

Published 31 Mar, 2024 02:53am

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR30.469...

Published 31 Mar, 2024 02:53am

Commodities

US corn plantings seen 5pc lower in 2024, soy acres higher

CHICAGO: US farmers are planning to cut corn plantings by more than expected in 2024 while expanding soybean...

Published 31 Mar, 2024 02:53am

Commodities

Japanese rubber futures rise on Shanghai rally

TOKYO: Japanese rubber futures climbed for the fourth consecutive day on Friday, tracking a gain in the Shanghai...

Published 31 Mar, 2024 02:53am

Commodities

French soft wheat rating stable, winter barley drops

PARIS: The state of French soft wheat crops remained stable last week, although still at their worst in four years,...

Published 31 Mar, 2024 02:53am

Energy

More than 20pc of global oil refining capacity at risk

LONDON: More than a fifth of global oil refining capacity is at risk of closure, energy consultancy Wood Mackenzie...

Published 31 Mar, 2024 02:53am

Commodities

Baltimore port closure could dent US coal export volumes, EIA

BENGALURU: Halted shipping traffic from the Port of Baltimore, the second-largest US hub for coal exports, will slow...

Published 31 Mar, 2024 02:53am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (March 30, 2024)...

Published 31 Mar, 2024 02:53am

Cotton & Textile

Spot rate maintains last level

LAHORE: The local marker on Saturday remained dull. Trading volume remained low. Cotton Analyst Naseem Usman told...

Published 31 Mar, 2024 02:53am

Commodities

Iron ore falls for fourth session on China property woes

BEIJING: Iron ore futures fell on Friday for a fourth straight session, as concerns over China’s property sector...

Published 31 Mar, 2024 02:53am

Commodities

Poland says breakthrough on Ukrainian grain unlikely in Warsaw talks

WARSAW: The governments of Poland and Ukraine meet in Warsaw on Thursday for talks they hope will help defuse a row...

Published 31 Mar, 2024 02:53am

Commodities

Malaysian palm oil futures higher, mirroring soyoil

NEW DELHI: Malaysian palm oil futures settled higher on Friday, mirroring gains in soyoil, after falling for two...

Published 31 Mar, 2024 02:53am

Commodities

Romania reaps 9.6m tons of wheat in 2023

BUCHAREST: Romania’s production of wheat and maize rose in 2023 as yields recovered after a drought-driven drop ...

Published 31 Mar, 2024 02:53am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (March 30, 2024). ======================================= Offset...

Published 31 Mar, 2024 02:53am

Pending tasks: World Bank asks NTDC to expedite implementation

ISLAMABAD: The World Bank has asked the National Transmission and Despatch Company (NTDC) to expedite implementation...

Updated 31 Mar, 2024 08:04pm

Economic recovery govt’s top priority: Tarar

LAHORE: Federal Minister for Information and Broadcasting Ataullah Tarar said on Saturday that recovery of the...

Updated 31 Mar, 2024 10:51pm

Over 27,000 tax-related cases pending: Ord likely to reduce forums of appeals

ISLAMABAD: The government is likely to promulgate a Presidential Ordinance to reduce forums of appeals to decide...

Updated 31 Mar, 2024 09:47pm

‘Tajir Dost Special Procedure’ notified

ISLAMABAD: Every trader and shopkeeper is legally bound to apply for registration to Commissioner, to obtain a...

Updated 31 Mar, 2024 09:27pm

Five-year roadmap: Get your act together, PM tells colleagues

Premier states that a forum such as the Special Investment Facilitation Council available to combat red tape and delays

Updated 31 Mar, 2024 10:13pm

Inquiry under Order XXXII of CPC: Banking court has power to determine mental infirmity of a person: SC

ISLAMABAD: The Supreme Court held that the Banking Court has the power to determine the unsoundness of mind or...

Updated 31 Mar, 2024 05:13pm

PTI to challenge Jillani-led probe commission

ISLAMABAD: Declaring ex-chief justice Tassaduq Hussain Jillani as “misfit” to head a one-member commission to probe...

Updated 31 Mar, 2024 09:25pm

IHC judges’ accusations: Ex-CJP Jillani to head inquiry commission

ISLAMABAD: Former chief justice of Pakistan Tassaduq Hussain Jillani will head an inquiry commission, constituted by...

Updated 31 Mar, 2024 09:19am

Punjab PA passes supplementary budget

LAHORE: Rejecting all the motions moved by members of the opposition for cut, the Punjab Assembly (PA) on Saturday...

Updated 31 Mar, 2024 09:24am

Aurangzeb, Sindh CM decide to woo investment

KARACHI: Sindh Chief Minister Syed Murad Ali Shah and Federal Minister for Finance Mohammad Aurangzeb have agreed to...

Updated 31 Mar, 2024 09:24am

Arrest warrants for Gandapur, Qureshi issued

ISLAMABAD: A local court, on Saturday, issued non-bailable arrest warrants for Khyber-Pakhtunkhwa Chief Minister Ali...

Updated 31 Mar, 2024 09:25am

‘Sequel to Oppenheimer’?

EDITORIAL: UN Secretary General Antonio Guterres has clearly invoked the right spirit behind Hollywood’s...

Published 31 Mar, 2024 02:53am

Badly managed higher education

EDITORIAL: University teachers’ associations have repeatedly been voicing concern over the absence of regular,...

Published 31 Mar, 2024 02:53am

‘Shock’ at the SC

EDITORIAL: It sure has taken its sweet time – two decades – but the apex court has finally expressed “shock” over...

Published 31 Mar, 2024 02:53am

Tarar says inflation will decline ‘very soon’

LAHORE: Minister for Information and Broadcasting Attaullah Tarar said on Saturday that the worth of Pak rupee is...

Published 31 Mar, 2024 02:53am

21.28m mobile handsets manufacutred locally in 2023

ISLAMABAD: The local manufacturing/assembling plants manufactured/assembled 6.1 million mobile handsets during the...

Published 31 Mar, 2024 02:53am

Taxes

Tax recovery from builders: FBR’s policy wing submits report to FTO

ISLAMABAD: Following intervention by the Federal Tax Ombudsman (FTO), the Policy Wing of the Federal Board of ...

Published 31 Mar, 2024 02:53am

Prices of kitchen items show a declining trend

ISLAMABAD: The prices of essential kitchen items have witnessed a reduction during this week past against the...

Published 31 Mar, 2024 02:53am

Commodities

Gold prices firm

KARACHI: The local gold market on Saturday remained stable following a stagnant global bullion trend, traders said....

Published 31 Mar, 2024 02:53am

‘IT exports are likely to increase by $1bn this year’

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian...

Published 31 Mar, 2024 02:53am

Commodities

Vietnam Jan-March rice exports at 2.1m tons office

HANOI: Vietnam exported 2.1 million metric tons of rice in the first three months of 2024, up 2.1% from a year...

Published 31 Mar, 2024 02:53am

Commodities

Shanghai copper notches biggest monthly gain in 16 months

BEIJING: Shanghai copper prices ended March with their biggest monthly gain in 16 months amid prospects of lower...

Published 31 Mar, 2024 02:53am

Taxes

Taxpayer disallowed input tax adjustment

LAHORE: Sales tax authorities failed to disallow the input tax adjustment in the absence of proving adjustment...

Published 31 Mar, 2024 02:53am

Industry

LCCI gives well-tailored feedback about SRO 420(I)/2024

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) Saturday gave its well-tailored and deeply-thought...

Published 31 Mar, 2024 02:53am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	278.55
USD PKR Interbank Buying / May 16	278.25
USD to Japanese Yen / May 16	154.33
USD to Swiss Franc / May 16	0.90
Pound Sterling to USD / May 16	1.27
Euro to USD / May 16	1.09

Stock	Volume
S&P 500 / May 15	5308.15
Nasdaq / May 15	16742.39
Dow Jones / May 15	39908
India Sensex / May 16	72771.48
Tokyo Nikkei / May 16	38920.26
Hang Seng / May 16	19336.77
FTSE 100 / May 16	8411.75
Germany DAX 30 / May 16	18842.52

Item	Value
Petrol/Litre / May 16	273.10
Crude Oil USD/Barrel / May 16	78.95
Karachi Cotton PKR/37.32 KG / May 16	19935
Gold 10 Grams PKR / May 16	210562
Gold Spot USD/Ounce / May 16	2388.50
Diesel/Litre / May 16	274.08

Gainers
Losers
Leaders

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

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

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

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