News Archives for Print - 2024-08-15

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Print - 2024-08-15

CJ hoists flag on LHC building

LAHORE: Acting Chief Justice Abid Aziz Sheikh on Wednesday hoisted the national flag on the Lahore High Court...

Published 15 Aug, 2024 08:19am

Maryam attends flag-hoisting ceremony at Lahore Fort

LAHORE: Like other parts of the country, Independence Day was marked across Punjab on Wednesday with a renewed ...

Published 15 Aug, 2024 08:19am

CJCSC, Services Chiefs and armed forces greet the nation

ISLAMABAD: The Armed Forces of Pakistan, along with the Chairman Joint Chiefs of Staff Committee and the Services...

Published 15 Aug, 2024 08:16am

Governor emphasizes positive role for country's uplift

LAHORE: Punjab Governor, Sardar Saleem Haider Khan hoisted national flag in a solemn ceremony held here at Governor...

Published 15 Aug, 2024 08:13am

Educational institutions of Lahore celebrate Independence Day

LAHORE: Like other segments of the society, the educational institutions of Lahore on Monday celebrated the 78th...

Published 15 Aug, 2024 08:11am

Murad launches 10-day polio drive targeting over 1m children

KARACHI: Sindh Chief Minister Syed Murad Ali Shah launched a crucial 10-day polio eradication campaign aimed at...

Published 15 Aug, 2024 08:10am

PNSC celebrates Independence Day

KARACHI: The 78th Independence Day of Pakistan was celebrated in the institution organised by Pakistan National...

Published 15 Aug, 2024 08:07am

‘Independence struggle goes on’, says Justice Kayani

ISLAMABAD: To mark the country’s Independence Day, a flag-hoisting ceremony was held at the premises of Islamabad...

Published 15 Aug, 2024 08:06am

NBP celebrates 78th Independence Day with great patriotism

KARACHI: National Bank of Pakistan (NBP) celebrated the 78th Independence Day of Pakistan with great enthusiasm and...

Published 15 Aug, 2024 08:04am

Companies

JazzCash President accepted into Forbes Finance Council

ISLAMABAD: Murtaza Ali, President of JazzCash, Pakistan’s largest fintech platform, has been accepted into the...

Published 15 Aug, 2024 08:02am

Energy

2020 IPP report’s recommendations: Power sector circles for implementation

LAHORE: The power sector circles have demanded transparency and accountability in Pakistan’s power sector by...

Updated 15 Aug, 2024 03:17pm

Imam Masjid-i-Nabvi (PBUH) leaves for KSA

LAHORE: Dr Salah Bin Mohammad Al-Budair, the imam (prayer leader) of Masjid-i-Nabvi (PBUH) Wednesday left here for...

Published 15 Aug, 2024 07:47am

77th Independence Day celebrated across KP

PESHAWAR: 77th Independence Day of Pakistan was celebrated with national zeal and spirit across Khyber Pakhtunkhwa ...

Published 15 Aug, 2024 07:41am

Independence Day celebrations held at historical places across Punjab

LAHORE: The Punjab Archaeology Department organized celebrations and events at historical places across the Punjab ...

Published 15 Aug, 2024 07:27am

Pakistan HC celebrates Independence Day in London

ISLAMABAD: Pakistan High Commission in London celebrated the Independence Day with traditional zeal and enthusiasm...

Published 15 Aug, 2024 07:20am

PTI holds rallies for ‘real independence’

LAHORE: Pakistan Tehreek-e-Insaf (PTI) staged dozens of big and small rallies on the eve of the 77th Independence ...

Published 15 Aug, 2024 07:17am

PARTLY FACETIOUS: Mainstream media and social media

“What is the difference in the speed of dissemination between mainstream media and social media?” “Before I ...

Published 15 Aug, 2024 06:46am

Stocks

STOXX 600 climbs as upbeat earnings buoy travel and leisure

FRANKFURT: Europe’s main stocks index rose on Wednesday, boosted by travel and leisure and financial shares, with...

Published 15 Aug, 2024 05:59am

Stocks

Wall Street struggles for direction as Alphabet falls

NEW YORK: Wall Street’s main indexes were mixed on Wednesday, as Alphabet slid and as signs of moderating ...

Published 15 Aug, 2024 05:59am

Stocks

FTSE 100 ends higher as softer CPI boosts rate optimism

LONDON: London stocks ended higher after advancing for a fourth straight session on Wednesday as soft consumer ...

Published 15 Aug, 2024 05:59am

Stocks

China stocks down to 6-month low after lending data tumbles

SHANGHAI: China stocks slipped to their weakest levels in six months on Wednesday after data showed lending by the...

Published 15 Aug, 2024 05:59am

Stocks

Nikkei ends higher

TOKYO: Japan’s Nikkei share average rose on Wednesday as investors weighed news that Japan’s prime minister will...

Published 15 Aug, 2024 05:59am

Stocks

Gulf markets rise amid global stock rally

DUBAI: Stock markets in the Gulf tracked global shares to end higher on Wednesday, after the US producer price data...

Published 15 Aug, 2024 05:59am

Embassy of Pakistan hosts flag-hoisting ceremony in Kabul

ISLAMABAD: The Embassy of Pakistan in Kabul hosted a flag-hoisting ceremony on the occasion of Pakistan’s 78th...

Published 15 Aug, 2024 05:59am

PTI says will hold rallies in Islamabad, Lahore, and Karachi

BUNER: Pakistan Tehreek-e-Insaf (PTI) on Wednesday announced that it will hold public gatherings in three major...

Published 15 Aug, 2024 05:59am

Energy

PRIED’s study; ‘Include external costs to accurately price Thar coal power’

KARACHI: The Thar coal is being promoted as cheap local fuel for future, however there are huge socio-environmental...

Published 15 Aug, 2024 05:59am

Letters

Escalating political temperature…

During my close association with various governments, including those of PML(N), PPP, martial law regimes, and PTI, ...

Published 15 Aug, 2024 05:59am

Middle class is in deep recession

What good is a 3.2 percent GDP growth rate next year and inflation dropping below 10 percent in FY25 to someone...

Updated 15 Aug, 2024 06:52am

Custodial death, rape cases: ‘Registration of FIR does not trump proceedings’: LHC

LAHORE: The Lahore High Court (LHC) held the other day that a complaint with the Federal Investigation Agency (FIA)...

Published 15 Aug, 2024 05:59am

SAFMA organizes seminar on ‘Future Vision of South Asia’

LAHORE: The South Asian Free Media Association (SAFMA) organized a seminar titled "Future Vision of South Asia" on...

Published 15 Aug, 2024 05:59am

SNGPL, LCCI, NESPAK celebrate Independence Day

LAHORE: Sui Northern Gas Pipelines Limited (SNGPL) organized a flag hoisting ceremony at Head Office in Lahore to...

Published 15 Aug, 2024 05:59am

SSUET celebrates Independence Day with patriotic zeal

KARACHI: Sir Syed University of Engineering & Technology (SSUET) celebrated Pakistan Independence Day with...

Published 15 Aug, 2024 05:59am

SU marks Independence Day with national spirit

HYDERABAD: The University of Sindh Jamshoro and its campuses celebrated Pakistan’s 77th Independence Day with...

Published 15 Aug, 2024 05:59am

Wapda, NTDC celebrate Independence Day with zeal

LAHORE: The Water and Power Development Authority (Wapda) and the National Transmission and Despatch Company Limited...

Published 15 Aug, 2024 05:59am

Ukrainian army ‘moving further’ into Russia: Zelensky

KYIV: President Volodymyr Zelensky said on Wednesday that Ukrainian troops are “moving further” into Russia, as...

Published 15 Aug, 2024 05:59am

Nepal approves long-delayed war crimes bill

KATHMANDU: Nepal’s parliament approved Wednesday long-delayed amendments to the transitional justice act aimed at...

Published 15 Aug, 2024 05:59am

NDMA issues new flood warning

ISLAMABAD: The National Disaster Management Authority (NDMA) has issued a new flash and urban flood warning as the...

Published 15 Aug, 2024 05:59am

Child killed, 95 injured due to firing in air in Karachi

KARACHI: At least 95 people were injured and a child was killed as a result of celebratory firing in air in Karachi...

Updated 15 Aug, 2024 08:38am

NA panel summons PTA head over social media disruption

ISLAMABAD: The National Assembly’s Standing Committee on IT has sought an explanation from Chairman of the Pakistan...

Updated 15 Aug, 2024 09:23am

4 soldiers martyred; 6 Khwarij ‘sent to hell’

ISLAMABAD: On night of 12/13 August 2024, fire exchange took place between the security forces and Khwarij in South...

Updated 15 Aug, 2024 09:24am

Nishan-i-Pakistan announced for Zulfikar Ali Bhutto

ISLAMABAD: President Asif Ali Zardari on Wednesday, on the occasion of Pakistan’s 78th Independence Day, approved...

Updated 15 Aug, 2024 07:17pm

Russia reintroduces ban on petrol exports till year end

MOSCOW: The Russian government announced Wednesday that it was reintroducing a ban on petrol exports for another six...

Updated 15 Aug, 2024 08:38am

UN launches new way to measure nations’ economic vulnerability

UNITED NATIONS: The UN General Assembly on Tuesday officially launched a new data-driven “vulnerability” index that...

Updated 15 Aug, 2024 08:39am

Asia

Japan’s PM Kishida to resign, paving way for new leader

TOKYO: Japan’s Prime Minister Fumio Kishida said on Wednesday he would step down next month, succumbing to public...

Published 15 Aug, 2024 05:59am

The Weather

KARACHI: The weather report on Wednesday (August 14, 2024) and the forecast for Thursday (August 15, 2024)...

Published 15 Aug, 2024 05:59am

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 15 Aug, 2024 05:59am

Europe

Nordic countries join forces to combat spread of Swedish gang crime

STOCKHOLM: Nordic countries will increase police cooperation and form hub in Stockholm in an effort to prevent...

Published 15 Aug, 2024 05:59am

Energy

Slowing global jet fuel consumption adds to oil demand concern

NEW YORK: Global jet fuel demand is poised to soften as a slowdown in consumer spending hits travel budgets, a shift...

Published 15 Aug, 2024 05:59am

Independence Day celebrated: BISP to launch nationwide tree-plantation drive

ISLAMABAD: The Benazir Income Support Programme (BISP) announced to have launched nationwide tree plantation drive ...

Published 15 Aug, 2024 05:59am

PTI leader Aamir Mughal arrested

ISLAMABAD: The Islamabad police on Wednesday arrested Pakistan Tehreek-e-Insaf (PTI) leader Aamir Mughal, who was...

Published 15 Aug, 2024 05:59am

Punjab Assembly celebrates 78th Independence Day

LAHORE: The Punjab Assembly celebrated Pakistan’s 78th Independence Day with a flag-hoisting ceremony, marking the...

Published 15 Aug, 2024 05:59am

Meezan Bank celebrates Independence Day

KARACHI: Meezan Bank marked the country’s 78th Independence Day with great fervour and enthusiasm. The celebrations...

Published 15 Aug, 2024 05:59am

Twin cities: LEAs arrange comprehensive security

ISLAMABAD: The law enforcement agencies on Wednesday made comprehensive security arrangements in twin cities on the...

Published 15 Aug, 2024 05:59am

CPJ denounces Israel’s smearing of killed Palestinian journalists with unsubstantiated ‘terrorist’ labels

NEW YORK: The Committee to Protect Journalists calls on Israel to stop making unproven claims that journalists slain...

Updated 15 Aug, 2024 06:42am

Military, NATO bases in Germany hit by security scares

FRANKFURT: A German military base was sealed off for several hours Wednesday as authorities investigated suspected...

Updated 15 Aug, 2024 06:29am

Middle East

Hamas to stay out of Gaza truce talks, Iran considers Israel attack

CAIRO: The Palestinian group Hamas said on Wednesday it would not take part in a new round of Gaza ...

Updated 15 Aug, 2024 06:39am

Asia

Myanmar junta chief, China FM discuss ‘stability’ as clashes rage

YANGON: Myanmar’s embattled junta chief and China’s foreign minister on Wednesday discussed security along their...

Published 15 Aug, 2024 05:59am

Relentless terrorism

EDITORIAL: Tribal districts of Khyber Pakhtunkhwa (KP) face a resurgent wave of terrorism from Afghanistan-based TTP...

Published 15 Aug, 2024 05:59am

Industry

Circular debt becomes major obstacle to progress: UBG

KARACHI: The circular debt, a persistent and growing challenge for Pakistan’s economy, has reached alarming levels...

Published 15 Aug, 2024 05:59am

Companies

Mars to boost snack portfolio in mega $36bn deal for Pringles maker Kellanova

NEW YORK: Family-owned candy giant Mars is buying Cheez-It maker Kellanova in a nearly $36 billion deal, bringing...

Published 15 Aug, 2024 05:59am

BD turmoil may slow financial reform, weaken banks: S&P

NEW DELHI/DHAKA: Political turmoil in Bangladesh is likely to slow planned financial reforms and has already added...

Published 15 Aug, 2024 05:59am

Money & Banking

Indian rupee gives up nearly all gains against dollar

MUMBAI: The Indian rupee ended nearly flat on Wednesday as US dollar demand from importers and foreign banks eroded...

Published 15 Aug, 2024 05:59am

Money & Banking

Dollar loses ground against euro

NEW YORK: The dollar lost ground against its major peers on Wednesday, helping the euro to an eight-month peak, as...

Published 15 Aug, 2024 05:59am

Money & Banking

China’s yuan firms as US dollar weakness

SHANGHAI: China’s yuan firmed against the US dollar on Wednesday as weakness in the greenback following data...

Published 15 Aug, 2024 05:59am

Money & Banking

Asian currencies: Indonesian rupiah leads gains

BENGALURU: Most Asian currencies and equities rallied on Wednesday after soft US producer prices data stirred hopes...

Published 15 Aug, 2024 05:59am

Money & Banking

Russian rouble rebounds after touching 10-month low

MOSCOW: The Russian rouble rebounded against the dollar on Wednesday after falling for six trading sessions in a row...

Published 15 Aug, 2024 05:59am

Economic stability key to national sovereignty: SBP governor

KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmed Wednesday said economic stability is the key to national...

Published 15 Aug, 2024 05:59am

MENA

Nearly 4,000 Pakistan companies join Dubai Chamber of Commerce in six months

This figure puts Pakistan second on list of new non-Emirati companies joining the Dubai body during January-June 2024

Updated 15 Aug, 2024 11:48am

Tajir Dost Scheme: unfriendly response?

EDITORIAL: A Business Recorder exclusive has revealed that 58,000 out of 3.2 million small traders/shopkeepers have...

Updated 15 Aug, 2024 06:56am

US says seeks to deepen partnership

ISLAMABAD: United States Secretary of State Antony Blinken has congratulated Pakistan on its Independence Day and...

Updated 15 Aug, 2024 08:39am

Thai court sacks PM over ethics case

BANGKOK: Thailand’s Constitutional Court sacked Prime Minister Srettha Thavisin on Wednesday, branding him dishonest...

Updated 15 Aug, 2024 09:23am

Cut in WHT lines, implementation of track and trace system: DLIs lagging behind targets, says World Bank

ISLAMABAD: The Disbursement Linked Indicators (DLIs) regarding reduction in withholding tax (WHT) lines and...

Updated 15 Aug, 2024 03:18pm

Transmission sector: World Bank concerned at delay in approval of contract extensions

ISLAMABAD: The World Bank (WB) has expressed concern at the outstanding delays in approvals of extensions in...

Updated 15 Aug, 2024 09:25am

PM says power tariffs to be revised downward soon

Will unveil government’s economic programme to the nation in the next few days

Updated 15 Aug, 2024 10:27am

PTCL Group to provide managed WAN solution to ZTBL nationwide

Companies

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	285.03
USD PKR Interbank Buying / Jul 17	284.83
USD to Japanese Yen / Jul 18	148.81
USD to Swiss Franc / Jul 18	0.80
Pound Sterling to USD / Jul 18	1.34
Euro to USD / Jul 18	1.16
UK LIBOR % / Jul 18	4.96

Stock	Volume
S&P 500 / Jul 18	6,296.79
India Sensex / Jul 18	81,757.73
Tokyo Nikkei / Jul 18	39,819.11
Nasdaq / Jul 18	20,895.66
Hang Seng / Jul 18	24,825.66
FTSE 100 / Jul 18	8,992.12
Dow Jones / Jul 18	44,342.19
Germany DAX 30 / Jul 18	24,289.51
France CAC40 / Jul 18	7,822.67

Item	Value
Crude Oil USD/Barrel / Jul 18	67.34
Karachi Cotton PKR/37.32 KG / Jul 18	16,585
Gold 10 Grams PKR / Jul 18	306,584
Gold Spot USD/Ounce / Jul 18	3,349.94
Cotton US¢/pound / Jul 18	68.68
Petrol/Litre / Jul 20	272.15
Diesel/Litre / Jul 20	284.35

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Jul 18 Kohinoor Power Company Limited(KOHP)	8.22 ▲ 1 (13.85%)
Abdullah Shah / Jul 18 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	9.41 ▲ 1 (11.89%)
Chenab Ltd / Jul 18 Chenab Limited(CHBL)	9.64 ▲ 0.99 (11.45%)
Chenab Ltd (Pref) / Jul 18 Chenab Limited (Pref)(CLCPS)	3.67 ▲ 0.36 (10.88%)
Askari Life Assur. / Jul 18 Askari Life Assurance Company Limited(ALAC)	10.47 ▲ 1 (10.56%)
Trust Mod. / Jul 18 Trust Modaraba(TRSM)	10.72 ▲ 1 (10.29%)
Sitara Peroxide / Jul 18 Sitara Peroxide Limited(SPL)	19.46 ▲ 1.77 (10.01%)
Fateh Ind. / Jul 18 Fateh Industries Limited(FIL)	167.65 ▲ 15.24 (10%)
Bunnys Limited / Jul 18 Bunnys Limited(BNL)	120.54 ▲ 10.96 (10%)
Pakistan Services / Jul 18 Pakistan Services Limited(PSEL)	1,216.22 ▲ 110.57 (10%)

Stock	Price
B. F. Modaraba / Jul 18 B.F. Modaraba(BFMOD)	11.32 ▼ -1.26 (-10.02%)
Apna Microfin. / Jul 18 Apna Microfinance Bank Limited(AMBL)	12.49 ▼ -1.39 (-10.01%)
PIA Holding Co.B / Jul 18 PIA Holding Company Limited B(PIAHCLB)	34,461.47 ▼ -3829.05 (-10%)
Premier Insurance / Jul 18 Premier Insurance Limited(PINL)	9.88 ▼ -1.06 (-9.69%)
Pak Datacom / Jul 18 Pak Datacom Limited(PAKD)	243.21 ▼ -25.46 (-9.48%)
ICC Industries / Jul 18 ICC Industries Limited(ICCI)	13.15 ▼ -1.37 (-9.44%)
Kohat Textile / Jul 18 Kohat Textile Mills Limited(KOHTM)	63.20 ▼ -6.54 (-9.38%)
Tri-Star Mutual / Jul 18 Tri-Star Mutual Fund Limited(TSMF)	10 ▼ -1 (-9.09%)
D.M. Corporation / Jul 18 D.M. Corporation Limited(DMC)	41.01 ▼ -4.08 (-9.05%)
Suhail Jute / Jul 18 Suhail Jute Mills Limited(SUHJ)	102.70 ▼ -9.58 (-8.53%)

Stock	Volume
Pak Int.Bulk / Jul 18 Pakistan International Bulk Terminal(PIBTL)	53,113,672 ▲ 0.05
First Dawood Prop. / Jul 18 First Dawood Properties Limited(FDPL)	42,000,846 ▼ -0.07
Ghani Chemworld / Jul 18 Ghani Chemworld Limited(GCWL)	31,782,721 ▲ 0.2
K-Electric Ltd. / Jul 18 K-Electric Limited(KEL)	30,837,994 ▲ 0.04
WorldCall Telecom / Jul 18 Worldcall Telecom Limited(WTL)	20,860,330 ▼ -0.03
Askari Bank / Jul 18 Askari Bank Limited(AKBL)	19,960,215 ▲ 1.22
B.O.Punjab / Jul 18 The Bank of Punjab(BOP)	18,705,405 ▼ -0.32
Chenab Ltd / Jul 18 Chenab Limited(CHBL)	12,945,948 ▲ 0.99
DH Partners / Jul 18 DH Partners Limited(DHPL)	11,461,194 ▲ 2.41
Cnergyico PK / Jul 18 Cnergyico PK Limited(CNERGY)	11,055,462 ▼ -0.11

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