News Archives for Print - 2025-01-25

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Print - 2025-01-25

Letters

Criticality of FDI in economic development

As our nation navigates the path to economic growth, the role of foreign investment cannot be overstated. Foreign...

Published 25 Jan, 2025 07:16am

The power of puppetry

Death on the high seas or on the streets of Karachi continues unabated and without any serious attempt by any ...

Published 25 Jan, 2025 07:11am

Curtains for Utility Stores

EDITORIAL: The government’s decision to shutter the Utility Stores Corporation (USC) is a commendable move that...

Published 25 Jan, 2025 07:02am

Drought-like situation

EDITORIAL: The Pakistan Meteorological Department’s (PMD’s) warning of a drought-like situation in most parts of...

Published 25 Jan, 2025 07:01am

Tax culture

Tax-to-GDP ratio in Pakistan is singled out as the principal devil in the fiscal regime of Pakistan and termed as...

Published 25 Jan, 2025 06:52am

Aafia’s clemency plea rejected by Biden, IHC told

ISLAMABAD: The Islamabad High Court (IHC) was apprised that Dr Aafia Siddiqui’s clemency plea has been rejected by...

Published 25 Jan, 2025 06:51am

Continuing private practice: Action against 12 doctors proceeded

LAHORE: The Specialized Healthcare and Medical Education Department has initiated action under the PEEDA Act against...

Published 25 Jan, 2025 06:48am

PARTLY FACETIOUS: What was the criterion used for the selection of the three men?

“Speaking of the negotiating team…” “Which one - the government and the Pakistan Tehreek-e-Insaf one which ...

Published 25 Jan, 2025 06:46am

Pakistan squad for ICC Men’s Champions Trophy 2025 finalised

LAHORE: The national selection committee is learnt to have finalized Pakistan’s squad for the 2025 Champions ...

Published 25 Jan, 2025 06:22am

DG IT Asfand Yar assigned additional charge by PM

ISLAMABAD: Prime Minister Shehbaz Sharif assigned the additional charge of the post of Member IT, Information...

Published 25 Jan, 2025 06:22am

PPP not consulted on PECA Bill: Governor Punjab

LAHORE: Governor Punjab Sardar Saleem Haider Khan has called for promoting sports activities in educational...

Published 25 Jan, 2025 06:22am

40pc of population suffering from malnutrition: experts

FAISALABAD: It is a matter of grave concern that 40 percent of the population was suffering from malnutrition....

Updated 25 Jan, 2025 07:34am

Punjab CM approves ‘Nighaban Ramazan Package’

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif decided in-principle to provide “Nighaban Ramazan Package” to...

Published 25 Jan, 2025 06:22am

PTI’s Junaid Akbar made PAC chairman

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Member of National Assembly (MNA) Junaid Akbar was elected chairman of the...

Published 25 Jan, 2025 06:22am

Govt to equip youths with modern skills: PM

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday said that the government is committed to equip the youth with...

Published 25 Jan, 2025 06:22am

Cell phone smuggling: 5 PIA crew members caught

KARACHI: The Collectorate of Customs Preventive Multan has intercepted five Pakistan International Airlines (PIA)...

Published 25 Jan, 2025 06:22am

Special arrangements taken: 26th Amendment: SC set to hear pleas on 27th

ISLAMABAD: Special arrangements in the Supreme Court building have been taken for the hearing of petitions against...

Updated 25 Jan, 2025 07:36am

PPP CEC voices its concerns over Kurram law & order

ISLAMABAD: Pakistan Peoples Party’s Central Executive Committee (CEC) expressed serious concerns over the tense ...

Published 25 Jan, 2025 06:22am

The Weather

KARACHI: The weather report on Friday (January 24, 2025) and the forecast for Saturday (January 25, 2025)...

Published 25 Jan, 2025 06:22am

KP sets target of over Rs1trn for uplift portfolio

PESHAWAR: The government of Khyber Pakhtunkhwa has set target to jack up the volume of its development portfolio to...

Updated 25 Jan, 2025 07:31am

Pakistan end ICC Women's U-19 T20 World Cup drive on winning note

LAHORE: Pakistan finished their run at the second edition of the ICC Women’s U-19 T20 World Cup with a 52-run win...

Updated 25 Jan, 2025 07:28am

Children's suffering a 'black mark': At UN, Pakistan pushes for Israel’s accountability for ‘heinous’ crimes in Gaza

UNITED NATIONS: A top Pakistani diplomat has called for Israel to be held accountable for the crimes committed ...

Published 25 Jan, 2025 06:22am

Google, Punjab govt partner on digital transformation of education

KARACHI: This International Education Day at British Educational Training and Technology Show (BETT UK 2025), Google...

Published 25 Jan, 2025 06:22am

Sindh Assembly demands federal govt end gas load-shedding

KARACHI: In a unified voice, the Sindh Assembly on Friday called on the federal government to immediately end gas...

Published 25 Jan, 2025 06:22am

Parliamentary delegation to visit Ireland, Austria

ISLAMABAD: A parliamentary delegation from Pakistan will visit the parliaments and parliamentary budget offices of...

Updated 25 Jan, 2025 07:30am

Two terror leaders surrender in Quetta

QUETTA: Two most wanted terrorist commanders, Najeebullah alias Darwaish and Abdul Rasheed alias Kamash, have...

Published 25 Jan, 2025 06:22am

SC additional registrar challenges ICA

ISLAMABAD: Additional Registrar Judicial Nazar Abbas, on Friday, challenged the intra court appeal (ICA), which will...

Published 25 Jan, 2025 06:22am

Senate panel demands transparency in PR recruitment

ISLAMABAD: A parliamentary panel, Friday, while calling for making recruitment process transparent and fair in...

Published 25 Jan, 2025 06:22am

PVMA urges SBP to lower interest rate to boost economy

KARACHI: Sheikh Umer Rehan, Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), has urged the State...

Published 25 Jan, 2025 06:22am

Joint session approves 4 bills amid PTI protest

ISLAMABAD: The joint-sitting of the Parliament, Friday, passed four bills including “The Import and Export...

Published 25 Jan, 2025 06:22am

FBR field formations: Waiver on 60pc vacant post cuts proposed to rightsizing panel

ISLAMABAD: The Federal Board of Revenue (FBR), Friday, proposed to the “Cabinet Committee on Rightsizing of the...

Published 25 Jan, 2025 06:22am

Aurangzeb meets Group CE SCB

DAVOS: On the sidelines of the World Economic Forum Annual Meeting in Davos, the Federal Minister for Finance and...

Updated 25 Jan, 2025 02:40pm

Credit to private sector hits Rs1.4trn mark

KARACHI: Credit to the private sector has surged significantly, reaching Rs 1.4 trillion mark during the current...

Updated 25 Jan, 2025 02:46pm

Rates

PSX soars on rate cut hopes

KARACHI: Pakistan Stock Exchange on Friday witnessed a bullish trend on the back of fresh buying, mainly by local ...

Published 25 Jan, 2025 06:22am

Consumers overcharged by Discos & KE: Nepra detects contradictions in data

Observes that the number of consumers adjusted does not match the number of affected consumers

Updated 25 Jan, 2025 02:43pm

Gas supply invoices: SNGPL-NPPMCL row lands at PMO

ISLAMABAD: The dispute between Sui Northern Gas Pipelines Limited (SNGPL) and National Power Parks and Management...

Updated 25 Jan, 2025 02:31pm

Distribution transformers: Awais seeks World Bank funding for smart meters

ISLAMABAD: Federal Minister for Power Sardar Awais Ahmed Khan Leghari has urged the World Bank to provide funds and...

Published 25 Jan, 2025 06:22am

Controversial PECA Bill lands in upper house

ISLAMABAD: A day after its passage from the National Assembly, the controversial Prevention of Electronic Crimes...

Updated 25 Jan, 2025 02:40pm

PPP made key amendments to PECA bill before passage: Bilawal

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto-Zardari Friday said the final proposed draft of...

Published 25 Jan, 2025 06:22am

Raiser-Musadik talks: Energy, economic challenges figure atop

ISLAMABAD: Dr Musadik Malik, Federal Minister for Water Resources met Friday with Martin Raiser, World Bank’s Vice...

Updated 25 Jan, 2025 03:26pm

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (January 24, 2025). ==================================== BR...

Published 25 Jan, 2025 06:22am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (January ...

Published 25 Jan, 2025 06:22am

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 25 Jan, 2025 06:22am

Envoy to KSA identifies key sectors for economic collaboration

LAHORE: Pakistan’s Ambassador to Saudi Arabia Ahmad Farooq has identified key sectors offering significant...

Published 25 Jan, 2025 06:22am

Cotton & Textile

Trading activity improves on cotton market

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

Published 25 Jan, 2025 06:22am

Stocks

Earnings worries yank Indian shares to third week of losses

MUMBAI: Indian shares fell on Friday and logged losses for the third straight week on rising concerns over slowing...

Published 25 Jan, 2025 06:22am

Stocks

China, HK stocks rise after Trump says conversation with Xi ‘friendly’

SHANGHAI: China and Hong Kong stocks rose on Friday, buoyed by US President Donald Trump’s comments that his ...

Published 25 Jan, 2025 06:22am

Stocks

STOXX 600 slips from record highs amid rising yield pressure

FRANKFURT: European shares pulled back from its record highs and ended flat on Friday, weighed down by declines in...

Published 25 Jan, 2025 06:22am

Stocks

Wall St muted as investors assess data

NEW YORK: Wall Street’s main indexes struggled for direction on Friday, as investors avoided big bets and assessed...

Published 25 Jan, 2025 06:22am

Commodities

Gold at all-time high

Karachi: The local gold prices registered a new all-time high on Friday, reflecting a sharp rise in global bullion...

Published 25 Jan, 2025 06:22am

PCP renews SKMT’s NPO certification

LAHORE: After a rigorous four-month evaluation, culminating in a comprehensive two-day physical evaluation review,...

Published 25 Jan, 2025 06:22am

Urs of Shahbaz Qalandar: DC Hyderabad reviews arrangements

HYDERABAD: To ensure seamless and secure arrangements for the upcoming 773rd Urs of Hazrat Lal Shahbaz Qalandar ...

Published 25 Jan, 2025 06:22am

Minister says need to start crash programme to promote literacy

ISLAMABAD: Federal Minister for Planning, Development, and Special Initiatives Ahsan Iqbal has stressed the need to...

Published 25 Jan, 2025 06:22am

KP govt includes life insurance in Sehat Card Plus scheme

PESHAWAR: KP Chief Minister Ali Amin Khan Gandapur has decided to introduce another revolutionary step towards...

Published 25 Jan, 2025 06:22am

Banks & DFIs: SBP revises DFSs of all RCOA returns

KARACHI: The State Bank of Pakistan (SBP) on Friday announced revisions in Data File Structures (DFSs) under...

Updated 25 Jan, 2025 09:31am

Taxable products’ supply: GST-registered entities must file monthly stock returns: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has directed all sales tax registered commercial importers,...

Updated 25 Jan, 2025 08:54am

PIA operates first international flight from NGIA

ISLAMABAD: Pakistan International Airlines (PIA) has achieved another milestone by operating its first international...

Updated 25 Jan, 2025 09:32am

PTI boycotts fourth round of talks with govt

ISLAMABAD: Despite repeated requests by the ruling coalition, Pakistan Tehreek-e-Insaf (PTI) on Friday stuck to its...

Updated 25 Jan, 2025 09:34am

Human trafficking syndicates: Special task force formed

ISLAMABAD: Prime Minister Shehbaz Sharif declared the establishment of a special task force on Friday aimed at...

Published 25 Jan, 2025 06:22am

Extradition of Malik Riaz from UAE: Govt to pursue legal process: Asif

ISLAMABAD: Federal Minister for Defence Khawaja Muhammad Asif, Friday, while slamming prevailing dual standards in...

Updated 25 Jan, 2025 08:55am

Customs’ raid in Sukkur: Massive counterfeit cigarette-making operation uncovered

KARACHI: The Anti Smuggling Sukkur Team of Collectorate of Customs Enforcement Hyderabad conducted a significant ...

Published 25 Jan, 2025 06:22am

SAU enhancing efforts to address critical agri challenges

HYDERABAD: Sindh Agriculture University (SAU) Tandojam is enhancing its efforts to address critical agricultural...

Published 25 Jan, 2025 06:22am

Nadeem Javaid takes charge as PIDE VC for five-year term

ISLAMABAD: The new Vice-Chancellor (VC) of the Pakistan Institute of Development Economics (PIDE), Dr Nadeem Javaid...

Published 25 Jan, 2025 06:22am

Taxes

Property tax to be determined on DC value

LAHORE: The Punjab Excise and Taxation Department has modified property tax under which it will be determined based...

Published 25 Jan, 2025 06:22am

Money & Banking

Asian currencies: Ringgit at more than 2-month high

BENGALURU: Currencies in emerging Asian markets jumped on Friday, with the ringgit, baht and rupiah touching...

Published 25 Jan, 2025 06:22am

Money & Banking

Dollar eyes worst week in over a year

NEW YORK: The dollar fell on Friday and was on track for its worst week in more than a year on expectations that...

Published 25 Jan, 2025 06:22am

Money & Banking

Yuan surges to 1-1/2 month high

SHANGHAI: China’s yuan surged to a 1-1/2-month high against the dollar on Friday and looked set for the best ...

Published 25 Jan, 2025 06:22am

Dar reviews roadmap to enhance trade, economic ties with Turkiye

ISLAMABAD: Deputy Prime Minister (DPM) and Foreign Minister Senator Muhammad Ishaq Dar chaired a high-level meeting...

Published 25 Jan, 2025 06:22am

OCAC asks govt to revise OMCs’ margin

ISLAMABAD: The Oil Companies Advisory Council (OCAC) asked the federal government to revise Oil Marketing Companies...

Published 25 Jan, 2025 06:22am

Beijing AI Force Tech to invest in e-agriculture, e-SWM

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif’s visit to China starts bearing fruit and its benefits came to...

Published 25 Jan, 2025 06:22am

CMOs miss most of KPIs amid deteriorating telecom services

ISLAMABAD: Amid deteriorating telecom services in the country, the cellular mobile operators (CMOs) missed most of...

Published 25 Jan, 2025 06:22am

PCDMA chief seeks cut in policy rate to single-digit

KARACHI: Pakistan Chemicals & Dyes Merchants Association (PCDMA) Chairman Salim Valimohammad has urged the...

Published 25 Jan, 2025 06:22am

Industry

SITE body calls for reducing policy rate to single digit

KARACHI: The President of the SITE Association of Industry Karachi, Ahmed Azeem Alvi, has called for reducing the...

Published 25 Jan, 2025 06:22am

KE organises over 40 ‘Customer Facilitation Camps’ since Jan

Energy

Companies

Telenor acquisition: CCP shares ‘conditions’ with PTCL

ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL) Group has reportedly raised the inordinate delay in...

Published 25 Jan, 2025 06:22am

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	149.48
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 18	4.96

Stock	Volume
S&P 500 / Mar 18	5,614.66
India Sensex / Mar 18	75,301.26
Tokyo Nikkei / Mar 18	38,107.27
Nasdaq / Mar 18	17,504.12
Hang Seng / Mar 18	24,753.88
FTSE 100 / Mar 18	8,705.23
Dow Jones / Mar 18	41,581.31
Germany DAX 30 / Mar 18	23,380.70
France CAC40 / Mar 18	8,114.57

Item	Value
Crude Oil USD/Barrel / Mar 18	66.68
Karachi Cotton PKR/37.32 KG / Mar 18	17,285
Gold 10 Grams PKR / Mar 18	272,076
Gold Spot USD/Ounce / Mar 18	3,035.15
Cotton US¢/pound / Mar 18	66.43
Petrol/Litre / Mar 19	255.63
Diesel/Litre / Mar 19	258.64

Gainers
Losers
Leaders

Stock	Price
Sally Textile / Mar 19 Sally Textile Mills Limited(SLYT)	9.08 ▲ 1 (12.38%)
Jahangir Sidd(Pref) / Mar 19 Jahangir Sidd(Pref)(JSCLPSA)	9.95 ▲ 0.96 (10.68%)
Int. Knit. / Mar 19 International Knitwear Limited(INKL)	21.74 ▲ 1.98 (10.02%)
Bunnys Limited / Mar 19 Bunnys Limited(BNL)	19.14 ▲ 1.74 (10%)
S.S.Oil / Mar 19 S.S.Oil Mills Limited(SSOM)	100.95 ▲ 9.18 (10%)
Pak Gen.Ins. / Mar 19 The Pakistan General Insurance Co. Ltd.(PKGI)	9.90 ▲ 0.9 (10%)
Sindh Abadgar / Mar 19 Sindh Abadgar's Sugar Mills Limited(SASML)	57.78 ▲ 5.25 (9.99%)
Power Cem(Pref) / Mar 19 Power Cement (Pref)(POWERPS)	14.45 ▲ 1.31 (9.97%)
Shadman Cotton / Mar 19 Shadman Cotton Mills Limited(SHCM)	32.66 ▲ 2.96 (9.97%)
NBP PGETF / Mar 19 NBP Pakistan Growth Exchange Traded Fund(NBPGETF)	25.59 ▲ 2.31 (9.92%)

Stock	Price
PICIC Ins.Ltd. / Mar 19 PICIC Insurance Limited(PIL)	1.77 ▼ -0.23 (-11.5%)
At-Tahur Ltd. / Mar 19 At-Tahur Limited(PREMA)	51.27 ▼ -5.7 (-10.01%)
Idrees Tex. / Mar 19 Idrees Textile Mills Limited(IDRT)	22.91 ▼ -2.54 (-9.98%)
Ideal Spinning / Mar 19 Ideal Spinning Mills Limited(IDSM)	13.51 ▼ -1.49 (-9.93%)
National Silk / Mar 19 The National Silk & Rayon Mills Limited(NSRM)	33.82 ▼ -3.49 (-9.35%)
Bank of Khyber / Mar 19 The Bank of Khyber(BOK)	15.60 ▼ -1.49 (-8.72%)
Nazir Cotton Mills / Mar 19 Nazir Cotton Mills Limited(NCML)	10.15 ▼ -0.85 (-7.73%)
Sindh Modaraba / Mar 19 Sindh Modaraba(SINDM)	10.62 ▼ -0.88 (-7.65%)
Equity Modaraba / Mar 19 First Equity Modaraba(FEM)	3 ▼ -0.22 (-6.83%)
Sanghar Sugar / Mar 19 Sanghar Sugar Mills Limited(SANSM)	41.09 ▼ -2.61 (-5.97%)

Stock	Volume
Pak Int.Bulk / Mar 19 Pakistan International Bulk Terminal(PIBTL)	59,131,134 ▲ 0.05
B.O.Punjab / Mar 19 The Bank of Punjab(BOP)	36,470,727 ▲ 0.03
Fauji Cement / Mar 19 Fauji Cement Company Limited(FCCL)	24,985,777 ▲ 1.72
Pak Refinery / Mar 19 Pakistan Refinery Limited(PRL)	21,542,769 ▲ 0.06
TRG Pak Ltd / Mar 19 TRG Pakistan Limited(TRG)	19,820,693 ▲ 4.08
K-Electric Ltd. / Mar 19 K-Electric Limited(KEL)	16,372,163 ▲ 0.03
Pak Elektron / Mar 19 Pak Elektron Limited(PAEL)	13,260,442 ▼ -0.09
WorldCall Telecom / Mar 19 Worldcall Telecom Limited(WTL)	13,040,046 ▲ 0.02
Hascol Petrol / Mar 19 Hascol Petroleum Limited(HASCOL)	11,524,024 ▲ 0.33
Flying Cement / Mar 19 Flying Cement Company Limited(FLYNG)	10,712,051 ▲ 0.72

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