News Archives for Print - 2025-02-03

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Print - 2025-02-03

Heralding an inclusive Punjab: CM Maryam has redefined governance

Under the trailblazing leadership of Chief Minister Maryam Nawaz, Punjab is experiencing an era of unparalleled...

Published 03 Feb, 2025 06:41am

PM launches first polio eradication campaign of 2025

ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday launched the first countrywide anti-polio campaign of the year,...

Published 03 Feb, 2025 06:41am

Govt should remove hurdles to businesses: Mian Zahid

KARACHI The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and...

Updated 03 Feb, 2025 08:48am

CM launches projects for welfare of special children

LAHORE: “Special children are our special heroes,” said Chief Minister Punjab Maryam Nawaz Sharif while taking...

Published 03 Feb, 2025 06:41am

Death toll in Multan LPG tanker blast rises to 17

MULTAN: As many as 17 persons have so far been killed while over 25 are admitted at Nishtar Hospital in critical...

Published 03 Feb, 2025 06:41am

Tractor-manufacturing company: FBR raises Rs18bn sales tax demand

ISLAMABAD: The Federal Board of Revenue (FBR) has raised a huge sales tax demand of Rs 18 billion against a leading...

Updated 03 Feb, 2025 09:25am

Wetlands Day marked: Protection of wetlands vital for ecological survival: CM

LAHORE: “Wetlands are a defence against climate change, their protection is essential for ecological survival,”...

Published 03 Feb, 2025 06:41am

Punjab governor vows support to Iranian investors

LAHORE: Governor Punjab Sardar Saleem Haider Khan has said the government will provide all possible facilities and...

Published 03 Feb, 2025 06:41am

Punjab launches drive to battle against polio challenge

LAHORE: With 16 districts infected, Punjab faces significant risks of poliovirus transmission, particularly from...

Published 03 Feb, 2025 06:41am

New CEC, ECP members from Sindh and Balochistan: PTI urges govt to form parliamentary panel

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Sunday urged the government to form a parliamentary committee on...

Updated 03 Feb, 2025 08:58am

19 universities of KP: Apex court to hear vacant post of VCs case on 6th

ISLAMABAD: A three-member bench of the Supreme Court of Pakistan will hear, on February 6, the case relating to the...

Published 03 Feb, 2025 06:41am

Taxes

Immovable property: Govt urged to rationalise ‘prohibitive’ federal taxes

LAHORE: Former regional chief of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Dr Muhammad Arshad...

Published 03 Feb, 2025 06:41am

PPP leaders meet President Anjuman-e- Tajiran Lahore

LAHORE: Syed Hassan Murtaza, General Secretary of the Peoples Party Central Punjab, held a special meeting with...

Published 03 Feb, 2025 06:41am

Ramazan package: KP govt to provide cash aid to 5000 families

PESHAWAR: The KP government has decided to provide Rs 10,000 cash assistance to as many as five thousand families in...

Published 03 Feb, 2025 06:41am

ICC Men’s Champions Trophy: Ticket sale to begin today

LAHORE: Following the online sale of tickets available here for the ICC Men’s Champions Trophy 2025 this week,...

Published 03 Feb, 2025 06:41am

‘WOW Festival Pakistan 2025’ concludes on positive note

LAHORE: The Women of the World (WOW) Festival Pakistan 2025, held at the iconic Alhamra Arts Centre in Lahore,...

Published 03 Feb, 2025 06:41am

Clean and Green Punjab: Significant environmental protection steps being implemented: Marriyum

LAHORE: Senior Provincial Minister Marriyum Aurangzeb has stated that under the vision of a “Clean and Green...

Published 03 Feb, 2025 06:41am

Industry

Boosting bilateral trade: FPCCI, Mashhad Chamber ink MoU

LAHORE: An MoU signing ceremony between the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and...

Published 03 Feb, 2025 06:41am

Naming of Descon Auditorium at LUMS announced

LAHORE: LUMS and the Bilquis and Abdul Razak Dawood (BARD) Foundation are proud to announce the naming of the Descon...

Published 03 Feb, 2025 06:41am

Over 10,000 candidates appear in SWIT mega IT test: Governor praises youths for their aptitudes, abilities

KARACHI: Over 10,000 male and female candidates on Sunday appeared in a mega examination held at the Hockey Club of...

Published 03 Feb, 2025 06:41am

Security deposits of Discos and KE: FPCCI, KATI up in arms over proposed increase

ISLAMABAD: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) and Korangi Association of Trade and...

Updated 03 Feb, 2025 09:23am

Trump orders sweeping tariffs on Mexico, Canada, China

NEW YORK: US President Donald Trump on Saturday ordered sweeping tariffs on goods from Mexico, Canada and China,...

Published 03 Feb, 2025 06:41am

Cut in power tariff for SEZs: SIFC directs PD to take concrete measures

PM presides over Apex Committee meeting attended by army chief, Chief Ministers and high level civil and army officials

Updated 03 Feb, 2025 03:07pm

Housing sector: task force finalises recommendations

ISLAMABAD: Task Force for development of housing sector has recommended abolition of section 7E of the Income Tax...

Updated 03 Feb, 2025 03:07pm

ICAC team, APTMA discuss cotton, textile value chain

ISLAMABAD: A high-level delegation from the International Cotton Advisory Committee (ICAC), headed by Eric...

Updated 03 Feb, 2025 09:22am

Transfer of judges: Lawyers to observe strike today

ISLAMABAD: Condemning the transfer of three judges from other provinces to Islamabad High Court (IHC), the Islamabad...

Updated 03 Feb, 2025 08:48am

Rates

0.07pc decline

KARACHI: Rupee depreciated against the US dollar during the previous week as it lost Re0.20 or 0.07% in the...

Published 03 Feb, 2025 06:41am

Middle East

Criminal probe launched into Israel PM’s wife

OCCUPIED JERUSALEM: Israeli police are conducting a criminal investigation into Sara Netanyahu, the wife of Israeli...

Published 03 Feb, 2025 06:41am

Middle East

Israel says 50 killed in weeks-long West Bank operation

JENIN, (Palestinian Territories): The Israeli military said on Sunday that it had killed at least 50 militants ...

Published 03 Feb, 2025 06:41am

Amendments to PECA aimed at overcoming challenge of fake news, says Tarar

LAHORE: Federal Minister for Information and Broadcasting Attaullah Tarar has reiterated that the Prevention of...

Updated 03 Feb, 2025 09:24am

Cotton & Textile

Weekly Cotton Review: Low business volume reported

KARACHI: The cotton market is experiencing mixed price trends, with low business volume reported. Meanwhile, the...

Published 03 Feb, 2025 06:41am

Middle East

Hezbollah chief says slain predecessor Nasrallah to be buried on 23rd

BEIRUT: The head of Lebanon’s armed group Hezbollah said on Sunday that his predecessor, Hassan Nasrallah, would be...

Published 03 Feb, 2025 06:41am

Umm Al Qura to launch IPO on Saudi Exchange to fund $26.7bn Makkah project

RIYADH: Umm Al Qura for Development and Construction said on Sunday it will proceed with an initial public offering...

Published 03 Feb, 2025 06:41am

Purchase of plots in new sectors of Islamabad: Overseas Pakistanis demand waiver of WHT/FED

ISLAMABAD: The overseas Pakistanis have demanded a waiver from withholding taxes/Federal Excise Duty (FED) and...

Updated 03 Feb, 2025 08:57am

Middle East

Qatar calls on Hamas, Israel to begin immediate talks on Gaza

DOHA: Qatar’s prime minister on Sunday called on Israel and Hamas to immediately begin negotiating phase two of ...

Published 03 Feb, 2025 06:41am

Commodities

Prices of kitchen items show mixed trend

PESHAWAR: Mixed trend in prices of important kitchen items, including live chicken/meat, vegetables, pulses, flour,...

Published 03 Feb, 2025 06:41am

Warehousing as industry: MoI&P directed to submit plan to operationalise, implement

ISLAMABAD: The Federal Cabinet has directed the Ministry of Industries and Production (MoI&P) to submit a plan...

Updated 03 Feb, 2025 08:47am

Lawyer found murdered in flat

PESHAWAR: The body of an advocate, murdered by unknown assailants was found in a flat in Shalimar Colony here...

Published 03 Feb, 2025 06:41am

Four Balochistan levies men martyred in DIK blast

DERA ISMAIL KHAN: A bomb blast late Saturday night in the Kolachi area of Dera Ismail Khan martyred five people,...

Published 03 Feb, 2025 06:41am

Companies

AstraZeneca ditches UK investment over cut in state support

LONDON: AstraZeneca on Friday scrapped plans to invest 450 million pounds ($558.3 million) in its vaccine...

Published 03 Feb, 2025 06:41am

Stocks

Saudi bourse falls on Trump tariff plan

DUBAI: Saudi Arabia’s stock market ended lower on Sunday after US President Donald Trump announced tariffs on...

Published 03 Feb, 2025 06:41am

Money & Banking

Rouble up 11pc against dollar since start of 2025

MOSCOW: The Russian rouble has gained 11 percent against the US dollar since the start of 2025, mainly on optimism...

Published 03 Feb, 2025 06:41am

Rates

Stocks remain under pressure

KARACHI: Pakistan Stock Exchange remained under pressure during the outgoing week ended on January 31, 2025 as the...

Published 03 Feb, 2025 06:41am

Rates

Futures spread down 692bps

KARACHI: The futures spread declined by 692bps to 7.78 percent on the last day of the outgoing week. Trading...

Published 03 Feb, 2025 06:41am

Europe

UK to become first country to criminalise AI child abuse tools

LONDON: Britain will become the first country to introduce laws against AI tools used to generate sexual abuse...

Published 03 Feb, 2025 06:41am

Companies

Volkswagen sues India to quash ‘enormous’ $1.4bn tax demand

NEW DELHI: Volkswagen has sued Indian authorities to quash an “impossibly enormous” tax demand of $1.4 billion,...

Published 03 Feb, 2025 06:41am

Europe

Greece orders schools to close as quakes shake Santorini island

ATHENS: Schools on the Greek tourist island of Santorini will remain closed on Monday after more than 200 small...

Published 03 Feb, 2025 06:41am

Europe

Tens of thousands protest in Berlin against far right

BERLIN: Tens of thousands of demonstrators converged on Berlin on Sunday to protest against Germany’s conservatives’...

Published 03 Feb, 2025 06:41am

Middle East

Syria leader says Saudis want to help rebuild war-torn country

RIYADH: Syria’s interim president Ahmed al-Sharaa said Saudi Arabia had a “genuine desire” to help rebuild his...

Published 03 Feb, 2025 06:41am

Money & Banking

Sterling set for fourth monthly loss as UK economy softens

LONDON: The pound headed for a fourth monthly loss on Friday, increasingly under pressure from investor concern ...

Published 03 Feb, 2025 06:41am

Europe

Russia and Ukraine trade blame for attack on Kursk school

KYIV: Kyiv and Moscow traded blame on Sunday for a strike on a school in a Ukrainian-occupied town in Russia’s...

Published 03 Feb, 2025 06:41am

EU slams Trump tariffs, says will ‘respond firmly’ if targeted

BRUSSELS: The European Union on Sunday blasted US President Donald Trump’s sweeping tariffs on Canada, Mexico and...

Published 03 Feb, 2025 06:41am

Trump says tariff ‘pain’ will be ‘worth the price’

PALM BEACH (United States): President Donald Trump said Sunday that Americans may feel economic “pain” from his...

Published 03 Feb, 2025 06:41am

Taxes

Punishment to tax officials modified by FTO office

ISLAMABAD: Federal Tax Ombudsman (FTO) has converted the punishment of disciplinary proceedings against the tax...

Published 03 Feb, 2025 06:41am

FIA arrests 10 ‘beggars’ travelling to Saudi Arabia

KARACHI: The Federal Investigation Agency (FIA) Immigration has arrested 10 individuals from Karachi Airport, who...

Published 03 Feb, 2025 06:41am

Skills development centres: 47 women cotton workers enrolled

HYDERABAD: Sindh Community Foundation (SCF), under the Asian Venture Philanthropist Network, AVPN supported program,...

Published 03 Feb, 2025 06:41am

Industry

Thousands visit ‘LCCI Lahore Shopping Festival’

LAHORE: The Lahore Expo Centre became the centre of attention as thousands of local and foreign visitors, ...

Published 03 Feb, 2025 06:41am

Rates

Automart: car prices in Karachi

Rates in the week ended Sunday February 02, 2025

Published 03 Feb, 2025 06:41am

Beggar mafias

EDITORIAL: It has been going on for quite some time. As part of an organised activity men and women using pilgrim...

Published 03 Feb, 2025 06:41am

Industry

German Winter Market-2025 organised

KARACHI: The traditional “German Winter Market-2025” event organized by the German Consulate General held here ...

Published 03 Feb, 2025 06:41am

Industry

Cotton and yarn sector: PDP Chairman asks govt to rationalise taxes, duties

KARACHI: Commenting on slapping enhanced duties of the US on products of China, Canada and Mexico; Pasban Democratic...

Published 03 Feb, 2025 06:41am

NBP National Snooker: Punjab’s Shahid Aftab becomes new champion

KARACHI: Punjab’s Shahid Aftab won the NBP 49th National Snooker Championship, defeating National Bank’s ...

Published 03 Feb, 2025 06:41am

Companies

1st OICCI Climate Excellence Awards: Nestle Pakistan wins top Climate Champion Award

KARACHI: Nestle Pakistan’s efforts towards climate action, sustainability, renewable energy and regenerative...

Published 03 Feb, 2025 06:41am

JI to hold ‘Kashmir Day’ rally on 5th

KARACHI: Jamaat-e-Islami, Karachi Chief, Monem Zafar has declared that any retreat from the Kashmir agenda would...

Published 03 Feb, 2025 06:41am

The unraveling of power sector

Power sector is by far the most poorly performing sector of the economy – a sector that compromises the...

Updated 03 Feb, 2025 07:08am

IMF review: challenges, and uncertainties

The IMF review mission is expected to arrive by the end of February to conduct the first semi-annual review of the...

Updated 03 Feb, 2025 07:11am

The Trump trade wars

US President Donald Trump has formally agreed to impose 25 percent tariffs on Canada and Mexico and 10 percent...

Published 03 Feb, 2025 06:41am

Govt must rethink its tax strategy

EDITORIAL: Increasing the tax base in Pakistan has remained a huge challenge. Tax rates, both direct and indirect ...

Published 03 Feb, 2025 06:41am

The Weather

KARACHI: The weather report on Sunday (February 02, 2025) and the forecast for Monday (February 03, 2025)....

Published 03 Feb, 2025 06:41am

Letters

‘Trump’s strategy to counter China’s BRI: too little, too late’

This is apropos letters to the Editor by this writer carried by the newspaper in recent days. In this writer’s...

Published 03 Feb, 2025 06:41am

Pakistan’s path to a future-ready economy

In a world driven by innovation, sitting on the sidelines is the quickest way to get left behind as a seismic shift...

Updated 03 Feb, 2025 07:14am

Missing Karachi trader found dead

KARACHI: A Karachi trader who went missing on January 29, found dead from Do Darya area of the city on Sunday. The...

Published 03 Feb, 2025 06:41am

Management hierarchy: new expectations likely

The last four decades have witnessed a significant change in organizational approach towards performance evaluation...

Published 03 Feb, 2025 06:41am

Stocks

Wall Street Week Ahead: Tech sell-off jolts investors as jobs data looms

NEW YORK: US investors rattled by this week’s sharp tech sell-off will closely watch upcoming jobs data for signs...

Published 03 Feb, 2025 06:41am

Stocks

Australian stocks end at record closing level

SYDNEY: A rally in Australia’s heavyweight mining sector pushed the benchmark index past the 8,500 mark at close...

Published 03 Feb, 2025 06:41am

Money & Banking

Canadian dollar falls against greenback

TORONTO: The Canadian dollar weakened against its US counterpart on Friday in volatile trading as investors weighed...

Published 03 Feb, 2025 06:41am

Stocks

FTSE 100 logs best month in more than two years

LONDON: Britain’s benchmark share index closed at a record high on Friday and logged its best month in more than...

Published 03 Feb, 2025 06:41am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 14	280.30
USD PKR Interbank Buying / Mar 14	280.05
USD to Japanese Yen / Mar 14	148.64
USD to Swiss Franc / Mar 14	0.89
Pound Sterling to USD / Mar 14	1.29
Euro to USD / Mar 14	1.09
UK LIBOR % / Mar 14	4.96

Stock	Volume
S&P 500 / Mar 14	5,638.94
India Sensex / Mar 14	73,828.91
Tokyo Nikkei / Mar 14	37,053.10
Nasdaq / Mar 14	17,754.09
Hang Seng / Mar 14	23,959.98
FTSE 100 / Mar 14	8,632.33
Dow Jones / Mar 14	41,488.19
Germany DAX 30 / Mar 14	22,986.82
France CAC40 / Mar 14	8,028.28

Item	Value
Crude Oil USD/Barrel / Mar 14	67.18
Karachi Cotton PKR/37.32 KG / Mar 14	17,285
Gold 10 Grams PKR / Mar 14	269,204
Gold Spot USD/Ounce / Mar 14	2,984.16
Cotton US¢/pound / Mar 14	67.37
Petrol/Litre / Mar 15	255.63
Diesel/Litre / Mar 15	258.64

Gainers
Losers
Leaders

Stock	Price
First Fid. Leasing / Mar 14 First Fidelity Leasing Modaraba(FFLM)	2.30 ▲ 0.27 (13.3%)
Frontier Ceram / Mar 14 Frontier Ceramics Limited(FRCL)	20.89 ▲ 1.9 (10.01%)
Pak Synthetics / Mar 14 Pakistan Synthetics Limited(PSYL)	45.16 ▲ 4.11 (10.01%)
At-Tahur Ltd. / Mar 14 At-Tahur Limited(PREMA)	47.08 ▲ 4.28 (10%)
Sanghar Sugar / Mar 14 Sanghar Sugar Mills Limited(SANSM)	43.46 ▲ 3.95 (10%)
Int. Knit. / Mar 14 International Knitwear Limited(INKL)	16.63 ▲ 1.51 (9.99%)
Idrees Tex. / Mar 14 Idrees Textile Mills Limited(IDRT)	26.10 ▲ 2.37 (9.99%)
Hala Enterprise / Mar 14 Hala Enterprises Limited(HAEL)	13.13 ▲ 1.19 (9.97%)
Grays Leasing / Mar 14 Grays Leasing Limited(GRYL)	4.89 ▲ 0.39 (8.67%)
Apna Microfin. / Mar 14 Apna Microfinance Bank Limited(AMBL)	11.10 ▲ 0.87 (8.5%)

Stock	Price
Oilboy Energy / Mar 14 Oilboy Energy Limited(OBOY)	9.80 ▼ -1.2 (-10.91%)
St.Chart.Bank / Mar 14 Standard Chartered Bank (Pak) Ltd(SCBPL)	58.45 ▼ -6.95 (-10.63%)
Tri-Star Mutual / Mar 14 Tri-Star Mutual Fund Limited(TSMF)	7.26 ▼ -0.75 (-9.36%)
National Bank / Mar 14 National Bank of Pakistan(NBP)	74 ▼ -7.2 (-8.87%)
Askari Bank / Mar 14 Askari Bank Limited(AKBL)	39.20 ▼ -3.74 (-8.71%)
F.Credit & Inv / Mar 14 First Credit and Investment Bank Limited(FCIBL)	7.55 ▼ -0.68 (-8.26%)
Prosperity Weav / Mar 14 Prosperity Weaving Mills Limited(PRWM)	35 ▼ -3 (-7.89%)
Elahi Cot. / Mar 14 Elahi Cotton Mills Limited(ELCM)	112 ▼ -9.16 (-7.56%)
First Capital Equities / Mar 14 First Capital Equities Limited(FCEL)	4.65 ▼ -0.35 (-7%)
Kohinoor Mills / Mar 14 Kohinoor Mills Limited(KML)	31.56 ▼ -2.34 (-6.9%)

Stock	Volume
B.O.Punjab / Mar 14 The Bank of Punjab(BOP)	48,802,683 ▼ -0.41
Pak Int.Bulk / Mar 14 Pakistan International Bulk Terminal(PIBTL)	42,663,591 ▲ 0.4
Fauji Foods Ltd / Mar 14 Fauji Foods Limited(FFL)	25,591,149 ▲ 0.98
Barkat Frisian Agro / Mar 14 Barkat Frisian Agro Limited(BFAGRO)	24,680,233 ▲ 1.08
Fauji Cement / Mar 14 Fauji Cement Company Limited(FCCL)	19,660,929 ▼ -0.17
Maple Leaf Cement / Mar 14 Maple Leaf Cement Factory Limited(MLCF)	18,453,160 ▲ 1.21
Cnergyico PK / Mar 14 Cnergyico PK Limited(CNERGY)	13,785,111 ▲ 0.04
Sui South Gas / Mar 14 Sui Southern Gas Company Limited(SSGC)	13,148,794 ▲ 0.02
Pak Elektron / Mar 14 Pak Elektron Limited(PAEL)	13,130,224 ▲ 1.14
D.G.K.Cement / Mar 14 D.G. Khan Cement Company Limited(DGKC)	12,175,485 ▲ 0.87

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