News Archives for Print - 2024-12-15

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Print - 2024-12-15

World falls short of drought deal at Saudi-hosted talks

RIYADH, (Saudi Arabia): Negotiators failed to produce an agreement on how to respond to drought at Saudi-hosted UN...

Published 15 Dec, 2024 02:50am

The Weather

KARACHI: The weather report on Saturday (December 14, 2024) and the forecast for Sunday (December 15, 2024)...

Published 15 Dec, 2024 02:50am

National Seed Policy to be presented before Cabinet soon

LAHORE: The National Seed Policy is nearing its final stage and will soon be presented to cabinet for approval. The...

Published 15 Dec, 2024 02:50am

10.6m kids to come under anti-polio drive across Sindh from tomorrow

KARACHI: As many as 10.6 million children would be vaccinated across the province during week long anti-polio drive,...

Published 15 Dec, 2024 02:50am

Quaid-e-Azam Games kick off

ISLAMABAD: The Quaid-e-Azam Inter-Provincial Games began with a dazzling opening ceremony at the Jinnah Stadium,...

Published 15 Dec, 2024 02:50am

Imad and Amir announce retirement from international cricket

LAHORE: All-rounder Imad Wasim and left-arm fast bowler Mohammad Amir have announced their retirements from...

Published 15 Dec, 2024 02:50am

US says in contact with new Syria rulers

DAMASCUS: The United States has made contact with Syria’s victorious Hayat Tahrir al-Sham rebels, Secretary of...

Published 15 Dec, 2024 02:50am

At least 22 killed in Israeli Gaza strikes

CAIRO: At least 22 Palestinians were killed in Israeli airstrikes in Gaza on Saturday, medics said, while the ...

Published 15 Dec, 2024 02:50am

Nine dead in attack on Sudan hospital: WHO

GENEVA: An attack on the main hospital in the western Sudanese town of Al-Fashir on Friday killed nine people and...

Published 15 Dec, 2024 02:50am

Europe

Switzerland cancels MFN status to India, raising taxes on Indian firms

BERN: Switzerland has suspended the Most Favoured Nation (MFN) status under the Double Taxation Avoidance Agreement...

Published 15 Dec, 2024 02:50am

Parliamentary Secy visits CBD, other key projects

LAHORE: Barrister Sultan Bajwa, the Parliamentary Secretary for Housing, Urban Development & Public Health...

Published 15 Dec, 2024 02:50am

Unity in diversity: G-B shines at Alhamra

LAHORE: The Lahore Arts Council curated a magnificent showcase of Gilgit-Baltistan’s vibrant cultural heritage at...

Published 15 Dec, 2024 02:50am

Price monitoring, complaint registration: PITB praises Qeemat Punjab App

LAHORE: The Punjab Information and Technology Board (PITB) has said that the Qeemat Punjab App, designed to monitor...

Published 15 Dec, 2024 02:50am

Work under way for infection control in govt hospitals

LAHORE: Laying the foundation stone of the academic block of the University of Child Health Sciences, Provincial...

Published 15 Dec, 2024 02:50am

Denial of paternity of child: LHC passes order

LAHORE: The Lahore High Court (LHC) held that a child is legitimate if he born within two years of commencement of...

Published 15 Dec, 2024 02:50am

Tower installed in Lahore to deal with smog challenge

LAHORE: A smog clean tower developed by the Punjab Environmental Protection Department in collaboration with the...

Published 15 Dec, 2024 02:50am

Punjab CM chairs roundtable conference at Guangzhou

LAHORE: On the 6th day of her 08-day long China visit, Chief Minister Punjab Maryam Nawaz Sharif announced the...

Published 15 Dec, 2024 02:50am

Energy

US natural prices drop

NEW YORK: US natural gas futures dropped about 5% on Friday from the 13-month high reached in the prior session on...

Published 15 Dec, 2024 02:50am

Energy

China’s oil consumption peaked in 2023

SINGAPORE: China’s refined oil consumption peaked in 2023 at 399 million metric tons (7.98 million barrels per ...

Published 15 Dec, 2024 02:50am

Energy

Oil prices sharply up

NEW YORK: Oil prices climbed about 2% on Friday to settle at a three-week high, on expectations that additional...

Published 15 Dec, 2024 02:50am

KTPL to go global next year: Tessori

KARACHI: Governor Sindh Kamran Khan Tessori has said that they will introduce a global tape ball event next year. ...

Published 15 Dec, 2024 02:50am

CM performs ground-breaking of Havelian water scheme

PESHAWAR: Chief Minister Khyber Pakhtunkhwa, Ali Amin Khan Gandapur, performed ground breaking ceremony of Havelian...

Published 15 Dec, 2024 02:50am

Letters

ADB lending for power sector

According to a Business Recorder news report, the Asian Development Bank (ADB) has approved a seemingly huge loan to...

Published 15 Dec, 2024 02:50am

Tarar discusses media collaboration with Turkish official

ISLAMABAD: Federal Minister for Information Attaullah Tarar held a meeting with Turkey’s Presidential Director of...

Published 15 Dec, 2024 02:50am

Some PTI workers re-arrested after ATC discharged them

ISLAMABAD: The capital police, on Saturday, re-arrested some workers out of 81 Pakistan Tehreek-e-Insaf (PTI) ...

Published 15 Dec, 2024 02:50am

Incidents of vehicle lifting, street crimes increase in capital city

ISLAMABAD: The capital city recorded an increase in incidents of car lifting and street crimes during the last week...

Published 15 Dec, 2024 02:50am

KP govt decides taking concrete steps for success of polio drive

PESHAWAR: The provincial government of Khyber Pakhtunkhwa has decided concrete steps for the success of the...

Published 15 Dec, 2024 02:50am

Hearing of PTI complaint against Shehbaz on 26th

ISLAMABAD: A local court on Saturday fixed December 26 as next hearing for Pakistan Tehreek-e-Insaf (PTI) criminal...

Published 15 Dec, 2024 02:50am

PTI to observe ‘Martyrs’ Day’ today

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) is all set to observe Youm-e-Shuhada (Martyrs’ Day) in Pakistan and...

Published 15 Dec, 2024 02:50am

Sikh pilgrimage play role in projecting Pakistan as peaceful nation

LAHORE: Sikh pilgrimage has been playing an instrumental role in projecting and showcasing Pakistan as a peaceful...

Published 15 Dec, 2024 02:50am

‘Bano Qabil to pave ways for IT revolution’

KARACHI: Jamaat-e-Islami (JI) Karachi Ameer Monem Zafar has said that the Bano Qabil programme will pave ways for an...

Published 15 Dec, 2024 02:50am

HSATI delegation meets IGP Sindh

HYDERABAD: A delegation of the Hyderabad Site Association of Trade & Industry (HSATI), led by its chairman, met...

Published 15 Dec, 2024 02:50am

Arrest warrants for Netanyahu-I

This write-up seeks to examine the effects and impacts of emerging developments in International Criminal Law. The...

Published 15 Dec, 2024 02:50am

Justice Mandokhail replies to letter of Justice Mansoor

ISLAMABAD: Justice Jamal Khan Mandokhail proposed to Justice Syed Mansoor Ali Shah to suggest names for appointment...

Published 15 Dec, 2024 02:50am

Sindh introduces new MV fitness certificates

KARACHI: Department of Transport and Mass Transit, Government of Sindh, has introduced new Motor Vehicle Fitness...

Published 15 Dec, 2024 02:50am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (December 14, 2024). ======================================= ...

Published 15 Dec, 2024 02:50am

Commodities

India’s rice stocks surge to record high

NEW DELHI/MUMBAI: Rice inventories in India surged to a record high at the start of December, reaching more than ...

Published 15 Dec, 2024 02:50am

Commodities

Japanese rubber futures down

SINGAPORE: Japanese rubber futures ticked down on Friday, posting their first weekly loss in three weeks as concerns...

Published 15 Dec, 2024 02:50am

Commodities

Brazil’s robusta coffee state expects to repeat large exports in 2025

SAO PAULO: Brazil’s top robusta coffee producer, the state of Espirito Santo, expects to repeat in 2025 the large...

Published 15 Dec, 2024 02:50am

Cotton & Textile

Spot rate unchanged amid lacklustre business

LAHORE: The local cotton market on Saturday steady and the trading volume remained low. Cotton Analyst Naseem Usman...

Published 15 Dec, 2024 02:50am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (December 14, 2024)...

Published 15 Dec, 2024 02:50am

Commodities

Iron ore futures retreat

SINGAPORE: Iron ore futures retreated on Friday and were on track to end the week lower, as top consumer China’s...

Published 15 Dec, 2024 02:50am

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 36.996 ...

Published 15 Dec, 2024 02:50am

Commodities

CBOT grains ease on technical selling

CHICAGO: Chicago Board of Trade corn futures eased on Friday on technical selling and disappointment in the size of...

Published 15 Dec, 2024 02:50am

Commodities

Russia’s Nov seaborne grain exports jump

MOSCOW: Russia’s seaborne grain exports rose 39.5% year-on-year in November to 4.8 million metric tons, shipping...

Published 15 Dec, 2024 02:50am

Commodities

EU wheat steady as Saudi tender awaited, rapeseed at near 2-year high

PARIS: Euronext wheat edged up on Friday, supported by weakness in the euro as traders awaited results from a Saudi...

Published 15 Dec, 2024 02:50am

Commodities

Malaysian palm oil extends losses

JAKARTA: Malaysian palm oil futures extended losses on Friday, tracking weakness in rival vegetable oils at the...

Published 15 Dec, 2024 02:50am

Energy

LESCO exposes defaulters among major govt institutions

LAHORE: The Lahore Electric Supply Company (LESCO) has released a list of federal and provincial institutions that...

Published 15 Dec, 2024 02:50am

A straining marriage of convenience?

EDITORIAL: It’s barely three quarters since the disputed February election and the PPP-PML(N) marriage of...

Published 15 Dec, 2024 02:50am

Suicide bombing in Kabul

EDITORIAL: The IS-K continues to represent a major security challenge to the Afghan Taliban, killing several senior...

Published 15 Dec, 2024 02:50am

Tax evaders: Over 150 FBR-filed FIRs will be withdrawn on SC order

ISLAMABAD: Over 150 operative First Information Reports (FIRs) registered by the Federal Board of Revenue (FBR)...

Updated 15 Dec, 2024 09:11am

Central Asia: Pakistan trade corridors emerge as regional priority: Aleem

ISLAMABAD: Federal Minister for Privatization, Board of Investment and Communications, Abdul Aleem Khan has said...

Updated 15 Dec, 2024 01:27pm

$330m loan agreement inked with ADB for ISPDP additional financing

ISLAMABAD: The government of Pakistan has signed a loan agreement with the Asian Development Bank (ADB) for the...

Updated 15 Dec, 2024 09:12am

Transformation plan: FBR to enforce ‘Faceless Customs Assessment’ system

ISLAMABAD/KARACHI: Under the transformation plan, the Federal Board of Revenue implements ‘Faceless Customs...

Updated 15 Dec, 2024 09:26am

Non-compliant sugar mills face stern FBR action

The efficacy of the new system is ensured by posting FBR personnel at each mill and monitoring the system and personnel through integrated CCTV cameras and frequent visits by senior officers of FBR

Updated 15 Dec, 2024 11:48pm

PTI seeks ‘unconditional’ talks

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman Barrister Gohar Khan urged on Saturday comprehensive and...

Updated 15 Dec, 2024 09:26am

‘Intra-trade among Saarc countries remains in low range of 5pc’

LAHORE: The SAARC Chamber of Commerce and Industry has said the intra-trade among SAARC countries continues to...

Updated 15 Dec, 2024 09:27am

Border attacks increased 70pc after arrival of Taliban in Kabul, moot told

ISLAMABAD: Pakistan’s former Special Envoy on Afghanistan, Ambassador Asif Durrani has revealed that there has been...

Updated 15 Dec, 2024 09:34am

Sindh to develop SEZs for Chinese cos: minister

KARACHI: The Sindh government is working to develop two special economic zones in Karachi to facilitate Chinese...

Updated 15 Dec, 2024 09:36am

Non-availability of life-saving drugs adds to Kurram’s woes

ISLAMABAD: Authorities said that the humanitarian crisis in the restive Kurram district continues to worsen as four...

Updated 15 Dec, 2024 09:37am

Customs values on import of Cereal Foods in bulk packaging revised

ISLAMABAD: Directorate General Customs Valuation Karachi has revised customs values on the import of Cereal Foods in...

Updated 15 Dec, 2024 09:40am

Shocking negligence

EDITORIAL: It is shocking that negligence on the part of Islamabad Electric Supply Company (Iesco) led to a...

Published 15 Dec, 2024 02:50am

Prices of essential kitchen items show mixed trend

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

Published 15 Dec, 2024 02:50am

Industry

FPCCI demands ‘Software Technology Park’ for Karachi

KARACHI: Atif Ikram Sheikh, President FPCCI, has demanded that Karachi needs Software Technology Park (STP) to help...

Published 15 Dec, 2024 02:50am

Industry

Minister visits plant in Shenzhen ‘Vivo Mobile Company plans to set up plant in Punjab’

LAHORE: On the third day of his visit to China, Provincial Minister for Industries and Commerce, Chaudhry Shafay...

Published 15 Dec, 2024 02:50am

Industry

FPCCI for further reducing policy rate to support economic growth

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Chairman and Vice Zaki Aijaz...

Published 15 Dec, 2024 02:50am

Industry

PVMA urges SBP’s MPC to bring down policy rate to single digit

KARACHI: The Pakistan Vanaspati Manufacturers Association (PVMA) has urged the State Bank of Pakistan (SBP) to bring...

Published 15 Dec, 2024 02:50am

Industry

APTMA urges MPC to reduce policy rate by 500 basis points

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has urged the Monetary Policy Committee (MPC) of State...

Published 15 Dec, 2024 02:50am

SBP urged to cut policy rate by 500bps

HYDETRABAD: As Coordinator Businessman Panel Progressive, Adeel Siddiqui, urge the government to take bold action to...

Published 15 Dec, 2024 02:50am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 18	280.30
USD PKR Interbank Buying / Mar 18	280.10
USD to Japanese Yen / Mar 18	149.74
USD to Swiss Franc / Mar 18	0.88
Pound Sterling to USD / Mar 18	1.30
Euro to USD / Mar 18	1.09
UK LIBOR % / Mar 17	4.96

Stock	Volume
S&P 500 / Mar 17	5,675.12
Nasdaq / Mar 17	17,808.66
Dow Jones / Mar 17	41,841.63
India Sensex / Mar 18	75,056.73
Tokyo Nikkei / Mar 18	37,883.46
Hang Seng / Mar 18	24,597.87
FTSE 100 / Mar 18	8,724.65
Germany DAX 30 / Mar 18	23,354.09
France CAC40 / Mar 18	8,119.11

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 17	17,285
Crude Oil USD/Barrel / Mar 18	67.90
Gold 10 Grams PKR / Mar 18	272,076
Gold Spot USD/Ounce / Mar 18	3,012
Cotton US¢/pound / Mar 18	66.44
Petrol/Litre / Mar 19	255.63
Diesel/Litre / Mar 19	258.64

Gainers
Losers
Leaders

Stock	Price
First IBL Mod. / Mar 18 First IBL Modaraba(FIBLM)	3.05 ▲ 0.34 (12.55%)
Parmount Sp. / Mar 18 Paramount Spinning Mills Limited(PASM)	4.50 ▲ 0.49 (12.22%)
Int. Knit. / Mar 18 International Knitwear Limited(INKL)	19.76 ▲ 1.8 (10.02%)
Chakwal Spinning / Mar 18 Chakwal Spinning Mills Limited(CWSM)	57.16 ▲ 5.2 (10.01%)
TRG Pak Ltd / Mar 18 TRG Pakistan Limited(TRG)	66.62 ▲ 6.06 (10.01%)
Agritech Limited / Mar 18 Agritech Limited(AGL)	68.26 ▲ 6.21 (10.01%)
Macter Int. Ltd / Mar 18 Macter International Limited(MACTER)	372.76 ▲ 33.89 (10%)
Hala Enterprise / Mar 18 Hala Enterprises Limited(HAEL)	12.65 ▲ 1.15 (10%)
At-Tahur Ltd. / Mar 18 At-Tahur Limited(PREMA)	56.97 ▲ 5.18 (10%)
Bunnys Limited / Mar 18 Bunnys Limited(BNL)	17.40 ▲ 1.58 (9.99%)

Stock	Price
Universal Ins. / Mar 18 The Universal Insurance Company Limited(UVIC)	8.97 ▼ -1 (-10.03%)
Idrees Tex. / Mar 18 Idrees Textile Mills Limited(IDRT)	25.45 ▼ -2.83 (-10.01%)
Khyber Textile / Mar 18 Khyber Textile Mills Limited(KHYT)	435 ▼ -48.13 (-9.96%)
Sanghar Sugar / Mar 18 Sanghar Sugar Mills Limited(SANSM)	43.71 ▼ -4.06 (-8.5%)
Dewan Textile / Mar 18 Dewan Textile Mills Limited(DWTM)	7.75 ▼ -0.67 (-7.96%)
Equity Modaraba / Mar 18 First Equity Modaraba(FEM)	3 ▼ -0.22 (-6.83%)
F.Credit & Inv / Mar 18 First Credit and Investment Bank Limited(FCIBL)	7.75 ▼ -0.55 (-6.63%)
Unicap Modaraba / Mar 18 Unicap Modaraba(UCAPM)	2.90 ▼ -0.2 (-6.45%)
Masood Textile / Mar 18 Masood Textile Mills Limited(MSOT)	50.02 ▼ -3.31 (-6.21%)
Faisal Sp. / Mar 18 Faisal Spinning Mills Limited(FASM)	303.51 ▼ -19.57 (-6.06%)

Stock	Volume
Pak Int.Bulk / Mar 18 Pakistan International Bulk Terminal(PIBTL)	58,826,162 ▲ 0.57
Pak Elektron / Mar 18 Pak Elektron Limited(PAEL)	48,322,821 ▼ -0.7
B.O.Punjab / Mar 18 The Bank of Punjab(BOP)	46,581,767 ▲ 0.18
Fauji Cement / Mar 18 Fauji Cement Company Limited(FCCL)	24,855,885 ▲ 0.28
Pak Refinery / Mar 18 Pakistan Refinery Limited(PRL)	21,328,442 ▼ -0.64
WorldCall Telecom / Mar 18 Worldcall Telecom Limited(WTL)	19,370,888 ▲ 0.01
TRG Pak Ltd / Mar 18 TRG Pakistan Limited(TRG)	18,016,216 ▲ 6.06
Fauji Foods Ltd / Mar 18 Fauji Foods Limited(FFL)	17,460,299 ▼ -0.14
Silk Bank Ltd / Mar 18 Silkbank Limited(SILK)	16,324,496 ▼ -0.02
K-Electric Ltd. / Mar 18 K-Electric Limited(KEL)	16,312,492 ▲ 0.05

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