News Archives for Print - 2024-04-20

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Print - 2024-04-20

Shipping industry urges UN to protect vessels

LONDON: Merchant ships and seafarers are increasingly in peril at sea as attacks escalate in the Middle East and the...

Published 20 Apr, 2024 04:18am

US veto sinks Palestinian UN membership bid

UNITED NATIONS: The United States on Thursday spoiled a long-shot Palestinian bid for full United Nations ...

Published 20 Apr, 2024 04:18am

Modi the favourite as India votes

HARIDWAR, (India): India began voting Friday in a six-week election with an all but assured victory for Hindu...

Published 20 Apr, 2024 04:18am

COAS, Saudi minister discuss defence collaboration

RAWALPINDI: Saudi Assistant Minister of Defence Major General (Engineer) Talal Bin Abdullah Al-Otaibi called on ...

Published 20 Apr, 2024 04:18am

Foreigners: interior minister orders fool-proof security

ISLAMABAD: Interior Minister Moshin Naqvi on Friday issued directives to police and all security agencies to ensure...

Published 20 Apr, 2024 04:18am

Abusive language: Speaker suspends membership of two PTI-backed SIC members

ISLAMABAD: National Assembly Speaker Sardar Ayaz Sadiq, on Friday, suspended the memberships of two members of...

Published 20 Apr, 2024 04:18am

By-polls on 21 seats: election campaigns conclude

ISLAMABAD: The deadline for the political parties to wind up their respective election campaigns passed Friday...

Published 20 Apr, 2024 04:18am

Govt agencies: KBP holds protest demos against delay in wheat procurement

LAHORE: Kisan Board Pakistan (KBP) announced on Friday to stage demonstration at all the district headquarters of ...

Published 20 Apr, 2024 04:18am

Issue of fixation of poultry rates required to be resolved

FAISALABAD: Enforcement of unrealistic poultry rates would not only deprive masses from the cheapest source of...

Published 20 Apr, 2024 04:18am

Rafi Peer Theatre organise 3-day puppet show

LAHORE: In collaboration with the Walled City Lahore Authority (WCLA), Rafi Peer Theatre organise a three-day event...

Published 20 Apr, 2024 04:18am

Contract Package III C awarded by Wapda

LAHORE: WAPDA has awarded Contract Package III C amounting to US$ 6.28729 million for design and supply of two 220...

Published 20 Apr, 2024 04:18am

LHC restrains Gujrat police from harassing voters of Elahi

LAHORE: The Lahore High Court on Friday restrained Gujrat police from causing harassment to the voters and ...

Published 20 Apr, 2024 04:18am

CM for completing ‘Nawaz IT City’ project within stipulated time

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has directed authorities concerned to complete ‘Nawaz Sharif IT...

Published 20 Apr, 2024 04:18am

Punjab by-polls: Security arrangements finalised

LAHORE: All the security arrangements have been completed in the respective districts for peaceful conduct of the...

Published 20 Apr, 2024 04:18am

Budget 2024-25: Bilawal demands govt provide ‘maximum’ relief to masses

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto-Zardari Friday said Pakistan Muslim...

Published 20 Apr, 2024 04:18am

First flight from Azerbaijan arrives in Karachi

KARACHI: The first flight arriving in Karachi from Azerbaijan received a warm welcome on early Friday with a grand...

Published 20 Apr, 2024 04:18am

14-member Balochistan cabinet takes oath

QUETTA: The 14-member provincial cabinet of Balochistan took oath at a ceremony held in the Governor House in Quetta...

Published 20 Apr, 2024 04:18am

US encourages Pakistan to prioritise, expand economic reforms

WASHINGTON: US State Department principal deputy spokesperson Vedant Patel while briefing the newsmen in Washington...

Published 20 Apr, 2024 04:18am

Country braces for another spell of heavy rain

ISLAMABAD: The National Disaster Management Authority (NDMA) has warned of landslides and flash floods as the ...

Published 20 Apr, 2024 04:18am

The Weather

KARACHI: The weather report on Friday (April 19, 2024) and the forecast for Saturday (April 20, 2024)...

Published 20 Apr, 2024 04:18am

Pakistan regrets US decision to veto Palestine UN membership vote

ISLAMABAD: Pakistan on Friday regretted the United States’ decision to veto a UN Security Council’s resolution,...

Published 20 Apr, 2024 04:18am

Iranian President to arrive on 22nd

ISLAMABAD: Iranian President Ebrahim Raisi will visit Pakistan on April 22 despite the latest escalation between...

Published 20 Apr, 2024 04:18am

Japanese escape unhurt in suicide blast attack

KARACHI: In a daring attack, a suicide bomber targeted a convoy of Japanese nationals in the Landhi area Friday, but...

Published 20 Apr, 2024 04:18am

Courts should also exhibit pro-settlement bias: SC

ISLAMABAD: The Supreme Court said the courts should not only encourage mediation but also exhibit a pro-settlement...

Published 20 Apr, 2024 04:18am

Zardari for enhancing road, rail links with Turkiye

ISLAMABAD: President Asif Ali Zardari Friday said there is a need for enhancing road and railway connectivity ...

Published 20 Apr, 2024 04:18am

US influence in ME region significantly reduced: Speakers

ISLAMABAD: Speakers at a roundtable discussion on Friday underscored that the latest escalations in the Middle East,...

Published 20 Apr, 2024 04:18am

SAU VC distributes scholarship cheques to undergraduate students

HYDERABAD: Dr. Fateh Marri, Vice Chancellor of Sindh Agriculture University (SAU) Tandojam, distributed the second...

Published 20 Apr, 2024 04:18am

Revamping plan of Mian Munshi Hospital reviewed

LAHORE: Provincial Health Minister Khawaja Salman Rafique and Food Minister Bilal Yasin visited Government Mian...

Published 20 Apr, 2024 04:18am

Marwat be grilled for maligning Saudi Arabia: Tarrar

ISLAMABAD: Minister for Information and Broadcasting Attaullah Tarar on Friday said that Pakistan Tehreek-e-Insaf...

Published 20 Apr, 2024 04:18am

KUHN intends to provide equipment controlling air pollution

LAHORE: Representatives of KUHN, a leading machinery manufacturing company, has expressed its intention to provide...

Published 20 Apr, 2024 04:18am

Khaqan Murtaza made EOBI chairman

ISLAMABAD: Director General Civil Aviation Authority (CAA) Ft Lt Khaqan Murtaza (retired) has been transferred and...

Published 20 Apr, 2024 04:18am

Improving kidney transplant sector discussed

LAHORE: Kidney transplant surgeon, Dr Brigadier Rauf Iftikhar Ahmed (Retd) called on Governor Punjab Muhammad...

Published 20 Apr, 2024 04:18am

Judges letter: IHC CJ seeks suggestions from judges

ISLAMABAD: Chief Justice Islamabad High Court has sought suggestions from the judges on a letter they have written ...

Published 20 Apr, 2024 04:18am

DC directed to decide PTI-backed candidate plea

LAHORE: The Lahore High Court on Friday directed the Deputy Commissioner (DC) Lahore to decide the application of a...

Published 20 Apr, 2024 04:18am

Al-Qadir Trust case hearing: Adiala jail authorities remove wooden walls in courtroom

RAWALPINDI: Adiala jail authorities on Friday removed wooden walls erected to restrict media access to Pakistan...

Published 20 Apr, 2024 04:18am

Landhi suicide terror attack: FO for bringing perpetrators to justice

ISLAMABAD: The Foreign Office on Friday expressed the government of Pakistan’s resolve to bring the perpetrators ...

Published 20 Apr, 2024 04:18am

Energy

PSO & Railways inaugurate fuel management system

KARACHI: Marking a momentous occasion in the nation’s transportation infrastructure, the country’s leading ...

Published 20 Apr, 2024 04:18am

Rates

PSX hits new record high

KARACHI: Pakistan Stock Exchange on Friday witnessed selling pressure during the first half of the trading session,...

Published 20 Apr, 2024 04:18am

LlVE system implemented to deal with challenge of mis-invoicing

ISLAMABAD: In order to create a conducive environment for trade and industry, the Directorate of Valuation, Karachi,...

Updated 20 Apr, 2024 03:26pm

Govt apprises NA about its approach to prices of POL products

ISLAMABAD: The National Assembly was informed on Friday that despite increasing the prices of petroleum products for...

Updated 20 Apr, 2024 02:07pm

MPC meeting on 29th

KARACHI: The State Bank of Pakistan will convene the monetary policy committee meeting on April 29, 2024 to decide...

Updated 20 Apr, 2024 09:06am

SBP and NBP: Customs authorities directed to deposit all valuable articles

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Customs authorities to deposit all the valuable articles...

Updated 20 Apr, 2024 08:52am

Rs233m scam involving textile unit uncovered

KARACHI: The Collectorate of Customs, Adjudication II, Karachi has uncovered a massive Rs 233 million scam involving...

Updated 20 Apr, 2024 02:08pm

Energy

Disconnects 121 illegal connections: SSGC countering gas theft incidences

KARACHI: The Sui Southern Gas Company has been fighting the menace of gas theft for the past couple of years. Ever...

Published 20 Apr, 2024 04:18am

Energy

Energy sector: Pakistan should implement broad-based structural reforms

ISLAMABAD: Pakistan has to bring and strictly implement broad-based structural reforms in the energy sector to get...

Published 20 Apr, 2024 04:18am

PARTLY FACETIOUS: Aseefa did a Zardari rather than a Bhutto

“Israel has retaliated….” “As expected, but there are no reports of casualties and no report of any damage...

Published 20 Apr, 2024 04:18am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (April 19, 2024). ==================================== BR...

Published 20 Apr, 2024 04:18am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (April 19, 2024)....

Published 20 Apr, 2024 04:18am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (April 19, 2024). ======================== Open Bid Rs...

Published 20 Apr, 2024 04:18am

Forex

Open market rates of foreign currencies

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

Published 20 Apr, 2024 04:18am

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 20 Apr, 2024 04:18am

Stocks

Tokyo’s Nikkei drops over 1,000 points, most in 3 years

TOKYO: Tokyo’s key Nikkei index saw its largest drop in more than three years on Friday, following reports that...

Published 20 Apr, 2024 04:18am

Stocks

China, HK stocks end lower on Middle East tensions

SHANGHAI: China and Hong Kong stocks declined on Friday, tracking their regional peers, pressured by reports of an...

Published 20 Apr, 2024 04:18am

Stocks

Nasdaq lags peers as Netflix, chip stocks drag

NEW YORK: The Nasdaq and the S&P 500 dipped on Friday, with Netflix among the biggest drags on a dour quarterly...

Published 20 Apr, 2024 04:18am

Powering Pakistan: Transforming energy distribution for economic prosperity

In Pakistan, the energy sector stands as both a pillar of progress and a stumbling block to prosperity. At the heart...

Published 20 Apr, 2024 04:18am

Cotton & Textile

Firm trend on cotton market

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

Published 20 Apr, 2024 04:18am

Letters

Innovative diplomacy with the US, KSA and Iran

The convergence of diplomatic engagements between Pakistan, USA, Kingdom of Saudi Arabia (KSA) and Iran amidst...

Published 20 Apr, 2024 04:18am

Death by lightning

Unexpected rainfall in April in Karachi. Actually, totally unexpected weather not only in Karachi but in the entire...

Published 20 Apr, 2024 04:18am

Pakistan on the IMF doorstep again

With Pakistan embroiled in an acute burden of debt, to the extent that 70 percent of its revenue is diverted to pay...

Published 20 Apr, 2024 04:18am

Stocks

European shares pare losses as geopolitical jitters ease

PARIS: European stocks closed lower on Friday, but off their over one-month intraday low, as anxiety around...

Published 20 Apr, 2024 04:18am

Azerbaijan envoy for further boosting business relations

KARACHI: The Ambassador of the Republic of Azerbaijan to the Islamic Republic of Pakistan Khazar Farhadov has...

Published 20 Apr, 2024 04:18am

IFRS 9: Applicability period of exemption extended till Jan 1, 2026: SECP

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has directed companies that the applicability...

Published 20 Apr, 2024 04:18am

Secretary Commerce tells LCCI: ‘All institutions will discuss problems of business community’

LAHORE: Federal Secretary Commerce Muhammad Sauleh Ahmed Farooqui on Friday said that the business community is a...

Published 20 Apr, 2024 04:18am

Activists demand debt cancellation amid IMF-WB meetings

LAHORE: Activists from Pakistan Kissan Rabita Committee and Labour Education foundation staged a protest outside...

Published 20 Apr, 2024 04:18am

Punjab CM highlights potential of digital economy

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif said on Friday that abundant opportunities are available for the...

Published 20 Apr, 2024 04:18am

Taxes

FBR seeks guidance of FTO to improve collection

ISLAMABAD: The Federal Board of Revenue (FBR) Friday sought guidance of Federal Tax Ombudsman for improving revenue...

Published 20 Apr, 2024 04:18am

Pakistan wants larger, extended loan programme with IMF: Aurangzeb

WASHINGTON: Federal Minister for Finance and Revenue Muhammad Aurangzeb has said that Pakistan wants to enter into a...

Published 20 Apr, 2024 04:18am

SIFC, NAB and the civil service

EDITORIAL: It’s no small endorsement of the SIFC’s (Special Investment Facilitation Council’s) credibility that its...

Published 20 Apr, 2024 04:18am

Troubled ties with Afghanistan

EDITORIAL: While tensions have been rising between Pakistan and its western neighbour over the TTP sanctuaries ...

Published 20 Apr, 2024 04:18am

Money & Banking

SCB and the British Asian Trust celebrate success of agripreneurs’ project

KARACHI: Standard Chartered Bank and The British Asian Trust, in collaboration with partners Shirakat and Sindh...

Published 20 Apr, 2024 04:18am

Azerbaijan envoy meets TDAP chief

KARACHI: The Ambassador of Azerbaijan to Pakistan Khazar Farhadov, recently paid a courtesy visit to Zubair ...

Published 20 Apr, 2024 04:18am

Money & Banking

Swiss franc, yen pare gains

NEW YORK: The safe-haven Swiss franc and Japanese yen pared gains on Friday after Tehran signalled that it has no...

Published 20 Apr, 2024 04:18am

Money & Banking

Australia, NZ dlrs slide

SYDNEY: The Australian and New Zealand dollars tumbled on Friday as media reports of Israeli strikes on Iran spurred...

Published 20 Apr, 2024 04:18am

Money & Banking

Indian rupee ends higher on likely cenbank support

MUMBAI: The Indian rupee recouped opening losses to end higher on Friday, despite weakness across regional peers,...

Published 20 Apr, 2024 04:18am

10-year solar panel manufacturing policy finalised

ISLAMABAD: The federal government has finalised a draft of 10 years ‘Solar Panel Local Manufacturing and Allied...

Updated 20 Apr, 2024 05:40pm

Tajir Dost Scheme, 2024: FBR required to launch drive with trade bodies consultations

ISLAMABAD: The Federal Board of Revenue (FBR) is required to launch a massive enforcement drive in consultation with...

Published 20 Apr, 2024 04:18am

FPCCI praises Directorate of Valuation Karachi efforts

KARACHI: Atif Ikram Sheikh, President FPCCI, has apprised that Pakistan Customs held a high-profile and interactive...

Published 20 Apr, 2024 04:18am

Women Entrepreneurs: KPRA, USAID-ERDA arrange ‘on the spot registration facility’

PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) and USAID's Economic Recovery and Development Activity...

Published 20 Apr, 2024 04:18am

Turkish investor team meets PM

ISLAMABAD: A Turkish investor delegation on Friday met with Prime Minister Shehbaz Sharif and expressed deep ...

Published 20 Apr, 2024 04:18am

Weekly SPI-based inflation down 0.79pc

ISLAMABAD: Weekly Sensitive Price Indicator (SPI)-based inflation for the week ended on April 18, 2024, has ...

Published 20 Apr, 2024 04:18am

US ‘not involved in any offensive operation’: Blinken

CAPRI, (Italy): US Secretary of State Antony Blinken on Friday refused to comment on reports of an attack by Israel...

Published 20 Apr, 2024 04:18am

Middle East

Tehran signals no retaliation against Israel?

DUBAI/OCCUPIED JERUSALEM: Explosions echoed over an Iranian city on Friday in what sources described as an Israeli...

Published 20 Apr, 2024 04:18am

Payments issue with CPPA-G: Shanghai Electric lodges complaint with PM

ISLAMABAD: Chinese power firm Shanghai Electric has reportedly lodged a complaint against Central Power Purchasing...

Updated 20 Apr, 2024 02:11pm

Wheat import bill hits $1bn mark

KARACHI: Pakistan spent some one billion dollars on the import of wheat during this fiscal year (FY24) to meet the...

Published 20 Apr, 2024 04:18am

Pakistan aims to agree outline of new IMF loan in May: Aurangzeb

WASHINGTON: Pakistan hopes to agree the contours of a new International Monetary Fund loan in May, Finance Minister...

Updated 20 Apr, 2024 05:39pm

Aurangzeb, SFD CEO discuss funding for dam, highway

WASHINGTON: Federal Minister for Finance Muhammad Aurangzeb met with Sultan Abdulrahman Al-Marshad, CEO Saudi Fund...

Updated 20 Apr, 2024 02:07pm

Anti-smuggling drive: Pull your socks up, PM tells LEAs, agencies

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the authorities concerned to expedite the countrywide campaign...

Updated 20 Apr, 2024 03:25pm

Those already registered with sales tax department: Balance sheet filing requirement relaxed

Federal Board of Revenue implements stringent conditions for new sales tax registration

Updated 20 Apr, 2024 05:38pm

Money & Banking

President praises Banking Mohtasib for providing relief to customers

ISLAMABAD: President Asif Ali Zardari on Friday lauded Banking Mohtasib for processing over 25,000 complaints and...

Published 20 Apr, 2024 04:18am

Industry

Possession of plots: Officers advised to expedite process in new industrial zones

KARACHI: Provincial minister for Industries and Commerce Jam Ikramullah Dharejo has advised officers of industrial...

Published 20 Apr, 2024 04:18am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 13	283
USD PKR Interbank Buying / Jun 13	282.75
USD to Japanese Yen / Jun 13	143.75
USD to Swiss Franc / Jun 13	0.81
Pound Sterling to USD / Jun 13	1.36
Euro to USD / Jun 13	1.15
UK LIBOR % / Jun 12	4.96

Stock	Volume
S&P 500 / Jun 12	6,045.26
Nasdaq / Jun 12	19,662.48
Dow Jones / Jun 12	42,967.62
India Sensex / Jun 13	81,216.80
Tokyo Nikkei / Jun 13	37,834.25
Hang Seng / Jun 13	23,892.56
FTSE 100 / Jun 13	8,839.41
Germany DAX 30 / Jun 13	23,434.96
France CAC40 / Jun 13	7,687.50

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 12	16,485
Gold 10 Grams PKR / Jun 12	305,984
Crude Oil USD/Barrel / Jun 13	72.11
Gold Spot USD/Ounce / Jun 13	3,421.89
Cotton US¢/pound / Jun 13	67.63
Petrol/Litre / Jun 14	253.63
Diesel/Litre / Jun 14	254.64

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.93 ▲ 1 (51.81%)
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	3.02 ▲ 0.9 (42.45%)
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	3.39 ▲ 1 (41.84%)
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	2.74 ▲ 0.61 (28.64%)
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	7.11 ▲ 1 (16.37%)
First Dawood Prop. / Jun 13 First Dawood Properties Limited(FDPL)	3.65 ▲ 0.45 (14.06%)
Unicap Modaraba / Jun 13 Unicap Modaraba(UCAPM)	3.52 ▲ 0.35 (11.04%)
D.S. Ind. Ltd. / Jun 13 D.S. Industries Limited(DSIL)	5.70 ▲ 0.54 (10.47%)
Gulshan Sp. / Jun 13 Gulshan Spinning Mills Limited(GSPM)	4.13 ▲ 0.38 (10.13%)
Ashfaq Textile / Jun 13 Ashfaq Textile Mills Limited(ASHT)	25.70 ▲ 2.34 (10.02%)

Stock	Price
Tariq Corp.Pref. / Jun 13 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.95 ▼ -0.97 (-10.87%)
First Elite Cap.Mod / Jun 13 First Elite Capital Modaraba(FECM)	37.98 ▼ -4.22 (-10%)
PIA Holding Co.B / Jun 13 PIA Holding Company Limited B(PIAHCLB)	18,889.10 ▼ -2098.79 (-10%)
Khyber Textile / Jun 13 Khyber Textile Mills Limited(KHYT)	1,794.55 ▼ -199.39 (-10%)
Fateh Ind. / Jun 13 Fateh Industries Limited(FIL)	119.55 ▼ -13.28 (-10%)
Hala Enterprise / Jun 13 Hala Enterprises Limited(HAEL)	30.53 ▼ -3.39 (-9.99%)
Reliance Weaving / Jun 13 Reliance Weaving Mills Limited(REWM)	123.76 ▼ -13.74 (-9.99%)
Blue-Ex Ltd / Jun 13 Blue-Ex Limited (GEM)(GEMBLUEX)	59.14 ▼ -6.46 (-9.85%)
Tri-Star Mutual / Jun 13 Tri-Star Mutual Fund Limited(TSMF)	7.67 ▼ -0.83 (-9.76%)
Hafiz Ltd. / Jun 13 Hafiz Limited(HAFL)	273 ▼ -28 (-9.3%)

Stock	Volume
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	116,570,487 ▲ 1
WorldCall Telecom / Jun 13 Worldcall Telecom Limited(WTL)	86,654,041 ▲ 0.08
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	72,368,767 ▲ 0.9
PIA Holding Co.Ltd / Jun 13 PIA Holding Company Limited(PIAHCLA)	27,891,113 ▲ 0.76
B.O.Punjab / Jun 13 The Bank of Punjab(BOP)	26,329,771 ▼ -0.26
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	24,472,029 ▲ 0.61
Cnergyico PK / Jun 13 Cnergyico PK Limited(CNERGY)	24,435,209 ▼ -0.37
Kohinoor Spining / Jun 13 Kohinoor Spinning Mills Limited(KOSM)	24,359,706 ▲ 0.17
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	22,960,384 ▲ 1
K-Electric Ltd. / Jun 13 K-Electric Limited(KEL)	19,416,645 ▼ -0.14

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