News Archives for Print - 2024-12-30

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Print - 2024-12-30

Energy crisis: Federal ministers fail to reply: PPP

KARACHI: Pakistan People’s Party (PPP) Secretary Information Shazia Marri on Sunday said that PPP did not join the...

Published 30 Dec, 2024 08:05am

New Year’s eve: Tessori announces grand fireworks at Governor’s House

KARACHI: Sindh Governor, Kamran Tessori, Sunday announced a spectacular fireworks display at Governor House to...

Published 30 Dec, 2024 08:04am

Shutter-down strike observed in Kashmore over lawlessness

KASHMORE: A complete shutter-down strike is being observed in district Kashmore over poor law and order situation ...

Published 30 Dec, 2024 08:03am

Mayor inaugurates newly- constructed roads in Mewa Shah

KARACHI: Karachi Mayor Barrister Murtaza Wahab on Sunday inaugurated newly constructed roads in the areas adjacent ...

Published 30 Dec, 2024 08:03am

Quetta-Karachi highway reopened

KALAT: The Quetta-Karachi highway, which remained closed for 30 hours in Kalat, was reopened for traffic on Sunday...

Published 30 Dec, 2024 08:00am

Cotton & Textile

Weekly Cotton Review: Prices stable amid low trade volumes

KARACHI: Cotton prices improve during the previous amid challenges persisting. Recent market trends have shown a...

Updated 30 Dec, 2024 08:40am

KP CTA organises two-day ‘Bajaur Festival’

PESHAWAR: The Khyber Pakhtunkhwa Culture and Tourism Authority (KP-CTA), in collaboration with the Tourism Wing of...

Published 30 Dec, 2024 07:51am

JI jirga calls for expanding trade with Iran, Afghanistan

QUETTA: In a significant call for regional cooperation, political and tribal leaders of Balochistan on Sunday...

Published 30 Dec, 2024 07:50am

The Democrats Panel wins KPC polls

KARACHI: The Democrats Panel has maintained its winning streak by securing a clean sweep in the annual elections of...

Published 30 Dec, 2024 07:48am

Govt making efforts to bring economy back on track: Muqam

SWAT: Federal Minister for Gilgit-Baltistan & Kashmir Affairs and States & Frontier Regions (SAFRON), Engr...

Published 30 Dec, 2024 07:46am

PDWP approves major uplift projects in various sectors

PESHAWAR: The Provincial Development Working Party (PDWP), in its ninth meeting held under the chairmanship of...

Published 30 Dec, 2024 07:44am

Zardari pays homage at shrine of Qalandar

JAMSHORO: President Asif Ali Zardari on Sunday visited the shrine of Sufi saint Lal Shahbaz Qalandar in Sehwan...

Published 30 Dec, 2024 07:43am

Railways to launch express train between Lahore-Karachi

ISLAMABAD: Pakistan Railways is planning to launch a high-speed express train between Lahore and Karachi, similar to...

Published 30 Dec, 2024 07:41am

Kashmir dispute: Hurriyat leaders urge UN to act decisively

ISLAMABAD: Hurriyat leaders and organizations have renewed calls for the United Nations to act decisively on the...

Published 30 Dec, 2024 07:37am

Commodities

Prices of essential food items surge in retail market

PESHAWAR: Prices of essential food commodities, including live chicken/meat, vegetables, pulses, sugar, cooking...

Published 30 Dec, 2024 07:36am

Energy

Construction of Chashma-5 NPP commences today

MIANWALI: A ceremony to formally commence the construction of Chashma Nuclear Power Project Unit-5 (C-5) is being...

Published 30 Dec, 2024 07:34am

PML-N leader warns of ‘conspiracy to fuel extremism’

RAWALPINDI: Pakistan Muslim League-Nawaz (PML-N) leader Hanif Abbasi has alleged that there is a conspiracy to ...

Published 30 Dec, 2024 07:30am

Tarar shares ‘white paper’ on KP govt corruption

LAHORE: Federal Minister for Information and Broadcasting Attaullah Tarar said on Sunday that the country had been...

Published 30 Dec, 2024 07:28am

Energy

Rawalpindi: SNGPL refutes reports about 8-hour loadshedding

RAWALPINDI: The Sui Northern Gas Pipelines Limited (SNGPL) Rawalpindi has refuted reports of eight-hour gas load...

Published 30 Dec, 2024 07:26am

NA Speaker grieved over South Korea plane crash

ISLAMABAD: The Speaker of the National Assembly of Pakistan, Sardar Ayaz Sadiq, has expressed profound sorrow over...

Published 30 Dec, 2024 07:24am

IG visits Sukkur, discusses strategies to combat crimes

SUKKUR: Inspector General of Police (IGP), Sindh, Ghulam Nabi Memon on Sunday visited the DIG Sukkur office, where ...

Published 30 Dec, 2024 07:22am

South Korea plane crash: PM offers sympathies for loss of lives

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif On Sunday conveyed his profound sorrow regarding the tragic loss ...

Published 30 Dec, 2024 07:21am

Musadik flays PTI, calls for constructive talks on national issues

LAHORE: Federal Minister for Petroleum Dr Musadik Malik has called for dialogue to address national issues, ...

Published 30 Dec, 2024 07:20am

Peshawar: Businessmen for restoration of Hajj flight operation

PESHAWAR: Members of the business community urged the federal government and ministry of religious affairs and...

Published 30 Dec, 2024 07:18am

PTI slams Asif’s statements

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Central Information Secretary Sheikh Waqas Akram lambasted the ...

Published 30 Dec, 2024 07:16am

Industry

2025 to be observed as ‘Insurance Awareness Year’

KARACHI: The Federal Insurance Ombudsman, Mumtaz Ali Shah, has announced that the year 2025 will be observed as the...

Published 30 Dec, 2024 07:14am

Letters

Azerbaijan plane crash

Russian President Vladimir Putin has done the right thing by not wasting much time to admit Russian air defence was...

Published 30 Dec, 2024 06:33am

Disenfranchised women

EDITORIAL: Whilst its management of the February 8 general elections remains clouded by controversy, the Election...

Published 30 Dec, 2024 06:31am

Crackdown on VPNs

EDITORIAL: The state’s war against digital technologies shows no signs of abating with the PTA (Pakistan...

Published 30 Dec, 2024 06:27am

2025: Economic challenges meeting political crossroads

2024 was a year of economic stabilization for Pakistan. Inflation plummeted, the exchange rate showed marginal...

Published 30 Dec, 2024 06:24am

The fault is not in our stars but in ourselves!

Federal Finance Minister Muhammad Aurangzeb has consistently pledged implementation of all agreed reforms in the...

Published 30 Dec, 2024 06:21am

Russia calls for ‘restraint’ from Pakistan, Taliban

MOSCOW: The spokesperson for the Russian Ministry of Foreign Affairs has expressed concern over the escalating...

Updated 30 Dec, 2024 02:43pm

Middle East

Egypt tests new extension of the Suez Canal

CAIRO: Egypt has tested a new 10-kilometre (6.2-mile) extension to the Suez Canal as it tries to minimise the impact...

Published 30 Dec, 2024 05:47am

179 dead in South Korea’s worst plane crash

MUAN (SOUTH KOREA): A Jeju Air plane carrying 181 people from Thailand to South Korea crashed on arrival Sunday,...

Published 30 Dec, 2024 05:47am

Europe

3 migrants die trying to cross Channel from France to UK

PARIS: At least three migrants died in the Channel off northern France on Sunday as a group of around 50 people ...

Published 30 Dec, 2024 05:47am

South Asia

Taliban leader bans windows overlooking women’s areas

KABUL: The Taliban’s supreme leader has issued an order banning the construction of windows in residential...

Published 30 Dec, 2024 05:47am

Middle East

Israeli strike on Al-Wafaa hospital kills 7 Palestinians

GAZA STRIP: Gaza’s civil defence agency said an air strike hit a hospital Sunday, killing at least seven people,...

Published 30 Dec, 2024 05:47am

President signs seminary bill into law

ISLAMABAD: President Asif Ali Zardari on Sunday signed the, Societies Registration (Amendment) Bill, 2024 (Madrassa...

Published 30 Dec, 2024 05:47am

Obituary: AAZ was never dull, always erudite, and well-informed

An admiration whose extent I did not express, lest I be thought fulsome —A. J. Liebling

Published 30 Dec, 2024 05:47am

Arshad A Zuberi passes away

KARACHI: Arshad A. Zuberi, the deputy chief executive of Business Recorder Group, passed away at the age of 72 after...

Published 30 Dec, 2024 05:47am

FIA arrests Red Book’s most wanted human smuggler

ISLAMABAD: The Federal Investigation Agency (FIA) has arrested Red Book’s most wanted for 17 years human smuggler...

Published 30 Dec, 2024 05:47am

The Weather

KARACHI: The weather report on Sunday (December 29, 2024) and the forecast for Monday (December 30, 2024)....

Published 30 Dec, 2024 05:47am

50m olive trees to be grown on 10m acres of land by 2026

LAHORE: The Punjab govt has planned growing around 50 million olive trees on 10 million acres of land by year 2026....

Published 30 Dec, 2024 05:47am

Shifting of illegal Sabzi Mandi ordered

PESHAWAR: Commissioner Peshawar Division Riaz Khan Mehsud has directed the Capital Metropolitan for the abolition of...

Published 30 Dec, 2024 05:47am

Aleem lauds ‘Sobia Mahal’ for preserving Islamic heritage

ISLAMABAD: President Istehkam-e-Pakistan Party and Federal Minister for Privatization, Board of Investment, and...

Published 30 Dec, 2024 05:47am

OpenAI outlines new for-profit structure to stay ahead in costly AI race

BENGALURU: OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit...

Published 30 Dec, 2024 05:47am

Stocks

Indian shares close down

MUMBAI: Indian shares rose on Friday to log gains in a holiday-thinned week, led by auto stocks after last week’s...

Published 30 Dec, 2024 05:47am

Stocks

FTSE 100 logs biggest weekly gain in 5 weeks

LONDON: Britain’s benchmark FTSE 100 inched higher on Friday as gains in energy stocks were capped by losses in...

Published 30 Dec, 2024 05:47am

Stocks

Most Gulf markets gain on rising oil

DUBAI: Most stock markets in the Gulf ended higher on Sunday in response to Friday’s rise in oil prices, while the...

Published 30 Dec, 2024 05:47am

Grid defection: a looming challenge for Pakistan’s utilities–I

Grid defection refers to the phenomenon where electricity customers generate and store sufficient power locally to...

Updated 30 Dec, 2024 06:50am

Not the Palestinians, Israel with its war victories stands defeated!

A displaced Palestinian, Hatem Kullab, living in makeshift tents in blood-stained Gaza, endures unimaginable...

Updated 30 Dec, 2024 06:54am

First shipment of 146 electric buses lands in Islamabad

ISLAMABAD: The first batch of 146 out of 160 electric buses reached Islamabad to provide smooth travel experience to...

Updated 30 Dec, 2024 09:11am

Sit-ins over Kurram issue continue in Karachi, Lahore

KARACHI/LAHORE: Sit-ins at 10 locations in Karachi and at Shimla Pahari in Lahore over the Kurram issue continued on...

Published 30 Dec, 2024 05:47am

Master Paints/Newage Cables win Lahore Open Polo Trophy

LAHORE: Master Paints/Newage Cables edged past FG/D in Polo 5-4 in the thrilling final to clinch the trophy at the...

Published 30 Dec, 2024 05:47am

‘Steps under way for Faisalabad uplift’

FAISALABAD: The Deputy Commissioner Captain Nadeem Nasir (Retd) has said that the completion of public welfare...

Published 30 Dec, 2024 05:47am

Political stability a must for sustainable economic development: PDP Chairman

KARACHI: Expressing a serious concern over the growing polarisation in the country, Pasban Democratic Party (PDP)...

Published 30 Dec, 2024 05:47am

Stocks

Wall Street Week Ahead: Trump’s first actions and job data to test market in Jan

NEW YORK: After closing the books on a banner year for US stocks, investors expect to ride seasonal momentum into...

Published 30 Dec, 2024 05:47am

RTO Rawalpindi takes actions against tax evasion

RAWALPINDI: The Regional Tax Office (RTO) Rawalpindi, under the direction of Chief Commissioner Inland Revenue (IR)...

Updated 30 Dec, 2024 09:13am

PCA unearths Rs2.4bn tax fraud ‘committed’ by cement maker

KARACHI: The Post Clearance Audit (PCA) South has detected a tax fraud amounting to Rs. 2.4 billion against a...

Updated 30 Dec, 2024 09:23am

Money & Banking

Yuan set to end week near 13-month low

SHANGHAI: China’s yuan is set to end the week near a 13-month low against the dollar, as it trades in narrow ...

Published 30 Dec, 2024 05:47am

Money & Banking

Sterling edges up in holiday trading

LONDON: Sterling ticked higher after searching for direction on Friday, but looked set to wrap up a holiday-thinned...

Published 30 Dec, 2024 05:47am

Money & Banking

Russian rouble loses 3.4pc vs US dollar

MOSCOW: The Russian rouble weakened sharply against the US dollar on Friday after the central bank announced it ...

Published 30 Dec, 2024 05:47am

USA

Some Americans in Panama reject Trump’s canal threat

AGUA CLARA (Panama): For dozens of US tourists watching a cargo ship pass along the Panama Canal, Donald Trump’s...

Published 30 Dec, 2024 05:47am

Turkey announces $14bn development plan for Kurdish southeast

SANLIURFA (Turkey): Turkey announced on Sunday a $14 billion regional development plan that aims to reduce the...

Published 30 Dec, 2024 05:47am

Industry

PCMEA for organising single-country exhibitions

LAHORE: The Chairman of the Pakistan Carpet Manufacturers and Exporters Association, Mian Atiq-ur-Rehman, and Vice...

Published 30 Dec, 2024 05:47am

Railways plans to induct 80 high-capacity freight wagons this year

ISLAMABAD: Pakistan Railways has planned to induct around 80 new High-Capacity freight Wagons and 32 passenger AC...

Published 30 Dec, 2024 05:47am

Rates

Automart: car prices in Karachi

Rates in the week ended Sunday December 29, 2024

Published 30 Dec, 2024 05:47am

Kurram district: parties develop consensus on peace deal

PESHAWAR: Advisor to KP Government on Information, Barrister Mohammad Ali Saif has said that rival parties have...

Updated 30 Dec, 2024 09:15am

PBA, APNS condole death of Arshad Zuberi

KARACHI: Pakistan Broadcasters Association (PBA) members and staff in a statement issued Sunday expressed deep...

Updated 30 Dec, 2024 09:23am

Rates

Marginal decrease

KARACHI: Rupee decreased marginally against the US dollar during the previous week as it lost Re0.05 or 0.2% in the...

Published 30 Dec, 2024 05:47am

Punjab to start e-taxi service on Chinese pattern

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif on Sunday assigned a task to Provincial Minister for Transport...

Updated 30 Dec, 2024 09:21am

Aurangzeb for bringing elite class into tax net

FAISALABAD: Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb said on Sunday that the elite...

Updated 30 Dec, 2024 02:42pm

PM announcing Uraan Pakistan tomorrow

ISLAMABAD: Prime Minister Shehbaz Sharif will announce Uraan Pakistan – Home-grown National Economic Transformation...

Updated 30 Dec, 2024 02:43pm

Fertilizer plants: Subsidised gas supply fuels circular debt

Federal Cabinet discusses issue of supply of gas to local fertilizer industry

Updated 30 Dec, 2024 02:43pm

Rates

Futures spread down 1493bps

KARACHI: The futures spread declined by 1493bps to 11.03 percent on the last day of the outgoing week. Trading...

Published 30 Dec, 2024 05:47am

Rates

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 7	279.10
USD PKR Interbank Buying / Feb 7	278.90
USD to Japanese Yen / Feb 7	151.41
USD to Swiss Franc / Feb 7	0.91
Pound Sterling to USD / Feb 7	1.24
Euro to USD / Feb 7	1.03
UK LIBOR % / Feb 7	4.96

Stock	Volume
S&P 500 / Feb 7	6,025.99
India Sensex / Feb 7	77,860.19
Tokyo Nikkei / Feb 7	38,787.02
Nasdaq / Feb 7	19,523.40
Hang Seng / Feb 7	21,133.54
FTSE 100 / Feb 7	8,700.53
Dow Jones / Feb 7	44,303.40
Germany DAX 30 / Feb 7	21,787
France CAC40 / Feb 7	7,973.03

Item	Value
Crude Oil USD/Barrel / Feb 7	71
Karachi Cotton PKR/37.32 KG / Feb 7	18,285
Gold 10 Grams PKR / Feb 7	257,241
Gold Spot USD/Ounce / Feb 7	2,861.07
Cotton US¢/pound / Feb 7	65.63
Petrol/Litre / Feb 8	257.13
Diesel/Litre / Feb 8	267.95

Gainers
Losers
Leaders

Stock	Price
Imperial Limited / Feb 7 Imperial Limited(IML)	18.87 ▲ 1.72 (10.03%)
Sakrand Sugar / Feb 7 Sakrand Sugar Mills Limited(SKRS)	13.38 ▲ 1.22 (10.03%)
Maqbool Tex. / Feb 7 Maqbool Textile Mills Limited(MQTM)	29.63 ▲ 2.63 (9.74%)
Tri-Star Mutual / Feb 7 Tri-Star Mutual Fund Limited(TSMF)	8.23 ▲ 0.73 (9.73%)
B. F. Mod. / Feb 7 B.F. Modaraba(BFMOD)	7.79 ▲ 0.69 (9.72%)
Calcorp Ltd / Feb 7 Calcorp Limited(CASH)	34.10 ▲ 2.96 (9.51%)
Pakistan Cables / Feb 7 Pakistan Cables Limited(PCAL)	188 ▲ 15.87 (9.22%)
Sardar Chemical / Feb 7 Sardar Chemical Industries Limited(SARC)	34.88 ▲ 2.87 (8.97%)
ZIL Limited / Feb 7 ZIL Limited(ZIL)	248 ▲ 20 (8.77%)
Diamond Ind. / Feb 7 Diamond Industries Limited(DIIL)	21.20 ▲ 1.7 (8.72%)

Stock	Price
Tariq Corp.Pref. / Feb 7 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.30 ▼ -0.99 (-11.94%)
Silk Bank Ltd / Feb 7 Silkbank Limited(SILK)	1.07 ▼ -0.12 (-10.08%)
Leather Up Ltd. / Feb 7 Leather Up Limited(LEUL)	35.26 ▼ -3.92 (-10.01%)
Intermarket Securities / Feb 7 Intermarket Securities Limited(IMS)	48.63 ▼ -5.4 (-9.99%)
National Silk / Feb 7 The National Silk & Rayon Mills Limited(NSRM)	33.41 ▼ -3.7 (-9.97%)
Ellcot Spinning / Feb 7 Ellcot Spinning Mills Limited(ELSM)	92.01 ▼ -9.99 (-9.79%)
Saritow Spinning / Feb 7 Saritow Spinning Mills Limited(SSML)	19.60 ▼ -2.09 (-9.64%)
Reliance Weaving / Feb 7 Reliance Weaving Mills Limited(REWM)	131 ▼ -13.74 (-9.49%)
Fateh Sports / Feb 7 Fateh Sports Wear Limited(FSWL)	86 ▼ -9 (-9.47%)
Adam Sugar / Feb 7 Adam Sugar Mills Limited(ADAMS)	47.19 ▼ -4.8 (-9.23%)

Stock	Volume
Silk Bank Ltd / Feb 7 Silkbank Limited(SILK)	119,523,297 ▼ -0.12
WorldCall Telecom / Feb 7 Worldcall Telecom Limited(WTL)	80,384,932 ▲ 0.01
Bank Makramah / Feb 7 Bank Makramah Limited(BML)	64,937,708 ▼ -0.07
K-Electric Ltd. / Feb 7 K-Electric Limited(KEL)	18,737,304 ▲ 0.03
B.O.Punjab / Feb 7 The Bank of Punjab(BOP)	17,199,644 ▼ -0.33
TRG Pak Ltd / Feb 7 TRG Pakistan Limited(TRG)	13,127,512 ▲ 0.14
Cnergyico PK / Feb 7 Cnergyico PK Limited(CNERGY)	12,104,269 ▼ -0.02
National Bank / Feb 7 National Bank of Pakistan(NBP)	10,980,621 ▲ 2.07
Fauji Foods Ltd / Feb 7 Fauji Foods Limited(FFL)	10,484,043 ▼ -0.18
The Searle Co. / Feb 7 The Searle Company Limited(SEARL)	10,207,814 ▼ -1.77

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