News Archives for Print - 2025-02-06

<<>>

Print - 2025-02-06

Zardari visits memorial of Chinese national heroes

BEIJING: President Asif Ali Zardari, who is in China, visited the memorial of Chinese national heroes in Beijing....

Published 06 Feb, 2025 03:16am

PM’s decision to operationalise Gwadar Port praised

KARACHI: Faisal Dashti, Founding President of the Gwadar Chamber of Commerce and Industry, expressed gratitude for...

Published 06 Feb, 2025 03:16am

Sharjeel invites Chinese co to invest in e-bus manufacturing

BEIJING: Senior Minister Sharjeel Inam Memon met with a Chinese EV bus manufacturer in Beijing and invited them to...

Published 06 Feb, 2025 03:16am

Industry

Investment, innovation ‘AgriConnections’ to unlock agricultural potential

KARACHI: The Pakistan Agricultural Coalition (PAC), in collaboration with the World Bank Group, will host the...

Published 06 Feb, 2025 03:16am

Murad-led team meets top executives of Chinese cos

BEIJING: In a significant step toward economic cooperation, a high-level delegation from the Sindh government, led...

Published 06 Feb, 2025 03:16am

Sindh CM invites NORINCO Group to invest in his province

BEIJING: Sindh Chief Minister Syed Murad Ali Shah on Wednesday invited the Chinese enterprises to visit Karachi and...

Published 06 Feb, 2025 03:16am

Soon the US will realize the uselessness of the Israeli entity

“If by enlightenment and intellectual progress we mean the freeing of man from superstitious belief in evil forces,...

Published 06 Feb, 2025 03:16am

President condoles death of Aga Khan

ISLAMABAD: President Asif Ali Zardari has expressed deep shock and sadness over the passing of Prince Karim Aga...

Published 06 Feb, 2025 03:16am

Nawaz condoles demise of Aga Khan

LAHORE: Pakistan Muslim League-Nawaz (PML-N) President and former Prime Minister Nawaz Sharif here Wednesday...

Published 06 Feb, 2025 03:16am

PM condoles demise of Prince Karim Aga Khan

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday expressed deep sorrow over the sad passing away of Prince...

Published 06 Feb, 2025 03:16am

Letters

Aga Khan leaves behind a very rich philanthropic legacy worldwide

Prince Karim Al-Hussaini Aga Khan IV, the 49th hereditary Imam (spiritual leader) of the Shia Ismaili Muslims has...

Published 06 Feb, 2025 03:16am

Afghan nationals: UNHCR, IOM voice concern over relocation plan

ISLAMABAD: The UN Refugee Agency (UNHCR) and the International Organization for Migration (IOM) have expressed...

Published 06 Feb, 2025 03:16am

Kashmir dispute: AJK President assails world community for maintaining silence

ISLAMABAD: President Azad Jammu and Kashmir (AJK) Barrister Sultan Mahmood Chaudhry, Wednesday, while slamming...

Published 06 Feb, 2025 03:16am

‘Kashmir Solidarity Day’ observed: Pakistan’s unwavering support to Kashmir cause highlighted

ISLAMABAD: The government and people of Pakistan observed the “Kashmir Solidarity Day”, expressing their firm...

Published 06 Feb, 2025 03:16am

IBA Karachi organises ‘Annual Career Fair 2025’

KARACHI: IBA Karachi proudly hosted its Annual Career Fair 2025, organised by the IBA Career Development Center...

Published 06 Feb, 2025 03:16am

Pakistan extends condolences over death of Prince Karim Aga Khan

ISLAMABAD: Pakistan on Wednesday extended deepest condolences at the passing away of Prince Karim Al-Hussaini Aga...

Published 06 Feb, 2025 03:16am

Aga Khan’s demise: PPP announces three-day mourning

ISLAMABAD: The Pakistan Peoples Party (PPP) has announced a three-day period of mourning following the passing of...

Published 06 Feb, 2025 03:16am

Kashmir not just territorial dispute; it is matter of humanity, justice: VC GCUF

FAISALABAD: Kashmir is not just a territorial dispute; it is a matter of humanity, justice, and the right to...

Published 06 Feb, 2025 03:16am

Companies

‘Sona Urea Zinc Coated’ launch

ISLAMABAD: Fauji Fertilizer Company Limited, a Pakistan’s leading fertilizer manufacturing and distributing company...

Published 06 Feb, 2025 03:16am

Europe

EU court upholds 320m euro rule-of-law fine for Poland

WARSAW: The European Union’s top court on Wednesday upheld an EU fine on Poland over judicial reforms by its...

Published 06 Feb, 2025 03:16am

Iran urges OPEC to unite against potential US oil sanctions

DUBAI: Iran’s President Masoud Pezeshkian urged OPEC members to unite against possible US sanctions, after US...

Published 06 Feb, 2025 03:16am

Prince Karim Aga Khan passes away

LISBON, (Portugal): It is with great sadness that the Diwan of the Ismaili Imamat announces that His Highness Prince...

Updated 06 Feb, 2025 08:35am

SBP buys $3.8bn to shore up forex reserves

KARACHI: The State Bank of Pakistan (SBP) has purchased nearly $4 billion from the domestic market in five months...

Updated 06 Feb, 2025 04:22pm

Resolution of Kashmir dispute a must for peace: PM

MUZAFFARABAD: Prime Minister Shehbaz Sharif on Wednesday said that for the lasting peace and progress and prosperity...

Updated 06 Feb, 2025 03:05pm

‘Kashmir will be free one day and part of Pakistan’: COAS

ISLAMABAD: Chief of Army Staff (COAS) General Syed Asim Munir, during his visit to Muzaffarabad, Azad Jammu and...

Updated 06 Feb, 2025 04:23pm

President, Xi discuss CPEC 2.0

Also hold discussions on opportunities to even further expand the scope of bilateral partnership

Updated 06 Feb, 2025 09:27am

LG Act modifications: WB’s $304m ‘PRIDE’ may be restructured

ISLAMABAD: The World Bank project, “Punjab Resource Improvement and Digital Effectiveness (PRIDE)” of worth $304...

Updated 06 Feb, 2025 08:35am

Malaysian parliamentary delegation arrives

LAHORE: The arrival of international parliamentary delegations has commenced for the 1st Asia and Southeast Asia...

Updated 06 Feb, 2025 08:36am

Industry

SBL and Fauree join hands to transform supply chain finance for SMEs

KARACHI: In a groundbreaking initiative to advance financial inclusion, transparency, efficiency, and sustainability...

Published 06 Feb, 2025 03:16am

USA

NYT forecasts subscription revenue below estimates as competition grows

NEW YORK: The New York Times forecast first-quarter subscription revenue growth below estimates on Wednesday,...

Published 06 Feb, 2025 03:16am

Kashmir integral to Pakistan’s destiny: JI

LAHORE: Chief of Jamaat-e-Islami Hafiz Naeem-ur-Rehman has declared that Kashmir is a tripartite issue, integral to...

Published 06 Feb, 2025 03:16am

Major expansion: Halan Microfinance Bank pledges $10m investment

KARACHI: With a commitment to expanding financial inclusion and addressing the evolving needs of individuals and...

Updated 06 Feb, 2025 01:09pm

All set for BFC in Islamabad

ISLAMABAD: Business Facilitation Centre (BFC) in Islamabad would connect multiple federal agencies including Federal...

Updated 06 Feb, 2025 09:20am

Erdogan to visit next week: Pakistan, Turkiye to expand SEF

ISLAMABAD: Pakistan and Turkiye are likely to expand Strategic Economic Framework (SEF) including Trade in Goods...

Updated 06 Feb, 2025 09:21am

Housing sector: PM likely to approve package today

ISLAMABAD: Prime Minister Shehbaz Sharif is expected to approve a package on Thursday (Feb 6) for the development of...

Updated 06 Feb, 2025 09:19am

KP decides to modernise UADAs, TMAs

PESHAWAR: The government of Khyber Pakhtunkhwa has decided to modernise the Urban Areas Development Authorities...

Published 06 Feb, 2025 03:16am

Taxes

PRA intensifies enforcement actions against eateries

LAHORE: The Punjab Revenue Authority (PRA) has intensified enforcement efforts to ensure compliance with tax...

Published 06 Feb, 2025 03:16am

Second US judge blocks Trump’s birthright citizenship order

GREENBELT, (Maryland): A federal judge in Maryland on Wednesday became the second one nationally to block Donald...

Published 06 Feb, 2025 03:16am

Stocks

S&P 500, Nasdaq fall as earnings season gathers speed

NEW YORK: The S&P 500 and the Nasdaq slipped on Wednesday, with Alphabet the biggest drag after the tech giant’s...

Published 06 Feb, 2025 03:16am

South Asia

India’s finance ministry asks employees to avoid AI tools like ChatGPT, DeepSeek

NEW DELHI: India’s finance ministry has asked its employees to avoid using AI tools including ChatGPT and DeepSeek...

Published 06 Feb, 2025 03:16am

Argentina to quit World Health Organization: presidency

BUENOS AIRES: Argentina will pull out of the World Health Organization, President Javier Milei’s office said...

Published 06 Feb, 2025 03:16am

Nissan set to step back from merger with Honda

TOKYO: Nissan looks set to step back from merger talks with rival Honda, two sources said on Wednesday, calling into...

Published 06 Feb, 2025 03:16am

Modi takes ‘holy dips’ at Maha Kumbh, week after stampede killed dozens

NEW DELHI: Indian Prime Minister Narendra Modi took holy dips in sacred river waters in the northern city of...

Published 06 Feb, 2025 03:16am

Energy

Oil giants TotalEnergies, Equinor reduce low-carbon investments

PARIS: French oil and gas giant TotalEnergies said Wednesday it would reduce its low-carbon energy investments while...

Published 06 Feb, 2025 03:16am

China calls for cooperation with EU amid ‘global challenges’

BEIJING: China is willing to work with the European Union to boost cooperation and respond to “global challenges,”...

Published 06 Feb, 2025 03:16am

US military plane flies 104 illegal immigrants back to India

AMRITSAR (India): A US military plane carrying 104 deported Indian illegal immigrants landed in India on Wednesday,...

Published 06 Feb, 2025 03:16am

Chawla Group officially brings Dongfeng EVs to Pakistan

LAHORE: In a landmark move for Pakistan’s electric vehicle (EV) industry, Chawla Group, one of the country’s most...

Published 06 Feb, 2025 03:16am

US aid agency places global staff on leave

WASHINGTON: The US government’s giant humanitarian agency USAID on Tuesday announced it was placing its staff in the...

Published 06 Feb, 2025 03:16am

CM condoles death of Prince Karim Aga Khan

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif paid rich tribute to the social services of Prince Karim Aga Khan...

Published 06 Feb, 2025 03:16am

Industry

Cold storage sector: FPCCI seeks reversion to industrial tariff

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to revert the...

Published 06 Feb, 2025 03:16am

Bilawal to be next PM, insists governor

LAHORE: Governor Punjab Sardar Saleem Haider Khan said on Wednesday that Bilawal Bhutto will become the Prime...

Published 06 Feb, 2025 03:16am

Widows, divorced women of South Punjab: Minister opens digital ballot of livestock assets distribution programme

LAHORE: Punjab Minister for Livestock and Agriculture Syed Ashiq Hussain Kirmani formally inaugurated the digital...

Published 06 Feb, 2025 03:16am

Kashmir Solidarity Day: Maryam kindles ‘Shama-i-Azadi’ at Liberty Chowk

LAHORE: The first-ever Kashmir Solidarity Day ceremony was held under the auspices of Information & Culture...

Published 06 Feb, 2025 03:16am

Punjab CM vows support to Kashmiris

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif has said that Pakistan will continue to provide diplomatic,...

Published 06 Feb, 2025 03:16am

Decline in inflation rate reflects improvement in economy: Nawaz

LAHORE: Expressing optimism about the country’s economic outlook, Pakistan Muslim League-Nawaz (PML-N) president...

Published 06 Feb, 2025 03:16am

Commodities

Copper gains while aluminium retreats on concern about more supply

LONDON: Copper prices edged up to their highest in more than a week on Wednesday on a softer dollar while aluminium...

Published 06 Feb, 2025 03:16am

Pakistan, Türkiye to boost collaboration in agriculture & livestock

ISLAMABAD: Pakistan and Türkiye on Wednesday agreed to boost collaboration in agriculture and livestock, the key...

Published 06 Feb, 2025 03:16am

Kashmir is part of Pakistan: minister

KARACHI: In connection with Kashmir Solidarity Day, rallies, events, and gatherings were organized to express...

Published 06 Feb, 2025 03:16am

JI stages big rally to mark ‘Kashmir Solidarity Day’

KARACHI: Thousands on Sunday flooded New MA Jinnah Road in a massive rally to mark the Kashmir Solidarity Day,...

Published 06 Feb, 2025 03:16am

IHC to take up plea of PTI’s Shaheen today

ISLAMABAD: The Islamabad High Court (IHC) will take up a petition of Pakistan Tehreek-e-Insaf (PTI) leader Shoaib...

Published 06 Feb, 2025 03:16am

Driving cotton growth with cutting-edge R&D

In the contemporary global agricultural landscape, four distinct types of cotton are commercially cultivated:...

Published 06 Feb, 2025 03:16am

‘Whom the gods would destroy…’

So, what’s more ridiculous? A properly senile relic in charge of the sole superpower (read Biden), or a deliberately...

Published 06 Feb, 2025 03:16am

Population growth

EDITORIAL: According to UN’s latest World Fertility Report, Pakistan’s fertility rate has declined from six live...

Published 06 Feb, 2025 03:16am

FBR’s perspective

EDITORIAL: The Chairman Federal Board of Revenue, Rashid Mahmood Langrial, defended the revenue shortfall during the...

Published 06 Feb, 2025 03:16am

Commodities

Chicago grains at multi-month highs

PARIS/SINGAPORE: Chicago corn, wheat and soybeans set fresh multi-month highs on Wednesday, helped by a falling...

Published 06 Feb, 2025 03:16am

Commodities

Gold’s demand in India to cool as prices soar

MUMBAI: India’s gold consumption in 2025 is set to moderate from last year’s nine-year peak, as a rally in prices to...

Published 06 Feb, 2025 03:16am

Money & Banking

Dollar slides as trade war risk recedes

NEW YORK: The US dollar fell to its lowest in more than a week on Wednesday as investor nerves about a global trade...

Published 06 Feb, 2025 03:16am

Commodities

Iron ore falters on Sino-US tariff war concerns, sluggish China growth

SINGAPORE: Iron ore futures declined on Wednesday amid worries of heightened trade tensions between the US and top...

Published 06 Feb, 2025 03:16am

Stocks

Most Gulf markets subdued as Trump’s Gaza remarks spark concerns

DUBAI: Most Gulf stock markets ended subdued on Wednesday in the wake of US President Donald Trump’s shock statement...

Published 06 Feb, 2025 03:16am

Commodities

Malaysian palm oil climbs on stronger Dalian oils, India demand optimism

KUALA LUMPUR: Malaysian palm oil futures settled higher on Wednesday, buoyed by stronger rival Dalian edible oils,...

Published 06 Feb, 2025 03:16am

Stocks

China markets return to tariffs after week-long break

SHANGHAI/HONG KONG: China’s stocks and currency came under pressure as markets returning from a week-long break were...

Published 06 Feb, 2025 03:16am

Energy

Oil down amid rising US crude inventories

NEW YORK: Oil prices fell more than 2% on Wednesday as a large build in US crude and gasoline stockpiles signalled...

Published 06 Feb, 2025 03:16am

The Weather

KARACHI: The weather report on Wednesday (February 05, 2025) and the forecast for Thursday (February 06, 2025)...

Published 06 Feb, 2025 03:16am

Stocks

Pak-Dutch JV IPO expected to fetch Rs1.2bn

KARACHI: Barkat Frisian Agro Limited, a Pakistan-Dutch joint venture, is all set to list on Pakistan Stock Exchange...

Published 06 Feb, 2025 03:16am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	281.16
USD PKR Interbank Buying / Apr 23	280.96
USD to Japanese Yen / Apr 23	143.28
USD to Swiss Franc / Apr 23	0.83
Pound Sterling to USD / Apr 23	1.33
Euro to USD / Apr 23	1.13
UK LIBOR % / Apr 22	4.96

Stock	Volume
S&P 500 / Apr 23	5,375.86
India Sensex / Apr 23	80,116.49
Tokyo Nikkei / Apr 23	34,868.63
Nasdaq / Apr 23	16,708.05
Hang Seng / Apr 23	22,072.62
FTSE 100 / Apr 23	8,403.18
Dow Jones / Apr 23	39,606.57
Germany DAX 30 / Apr 23	21,961.97
France CAC40 / Apr 23	7,482.36

Item	Value
Crude Oil USD/Barrel / Apr 23	62.27
Karachi Cotton PKR/37.32 KG / Apr 23	16,985
Gold 10 Grams PKR / Apr 23	301,783
Gold Spot USD/Ounce / Apr 23	3,294.10
Cotton US¢/pound / Apr 23	69.03
Petrol/Litre / Apr 24	254.63
Diesel/Litre / Apr 24	258.64

Gainers
Losers
Leaders

Stock	Price
Dewan Mushtaq / Apr 23 Dewan Mushtaq Textile Mills Limited(DMTM)	5.99 ▲ 1 (20.04%)
NIT PakistanXD / Apr 23 NIT Pakistan Gateway ETF(NITGETF)	29.36 ▲ 4.84 (19.74%)
Dadabhoy Cement / Apr 23 Dadabhoy Cement Industries Limited(DBCI)	5.01 ▲ 0.61 (13.86%)
Ghazi Fabrics / Apr 23 Ghazi Fabrics International Limited(GFIL)	9.78 ▲ 0.89 (10.01%)
At-Tahur Ltd. / Apr 23 At-Tahur Limited(PREMA)	85.05 ▲ 7.73 (10%)
Crescent Cotton / Apr 23 Crescent Cotton Mills Limited(CCM)	54.99 ▲ 5 (10%)
Khyber Tobacco / Apr 23 Khyber Tobacco Company Limited(KHTC)	315.46 ▲ 28.68 (10%)
PIA Holding Co.B / Apr 23 PIA Holding Company Limited B(PIAHCLB)	2,720.07 ▲ 247.28 (10%)
Pak Datacom / Apr 23 Pak Datacom Limited(PAKD)	106.44 ▲ 9.68 (10%)
Chakwal Spinning / Apr 23 Chakwal Spinning Mills Limited(CWSM)	60.17 ▲ 5.47 (10%)

Stock	Price
PICIC Ins.Ltd. / Apr 23 PICIC Insurance Limited(PIL)	3.01 ▼ -0.4 (-11.73%)
Bawany Air Products / Apr 23 Bawany Air Products Limited(BAPL)	32.47 ▼ -3.61 (-10.01%)
J.A.Textile / Apr 23 J.A. Textile Mills Limited(JATM)	23.68 ▼ -2.63 (-10%)
Masood Textile / Apr 23 Masood Textile Mills Limited(MSOT)	54.56 ▼ -6.04 (-9.97%)
Blue-Ex Ltd / Apr 23 Blue-Ex Limited (GEM)(GEMBLUEX)	54.60 ▼ -6.03 (-9.95%)
Sardar Chemical / Apr 23 Sardar Chemical Industries Limited(SARC)	27.05 ▼ -2.88 (-9.62%)
Intermarket Securities / Apr 23 Intermarket Securities Limited(IMS)	49.83 ▼ -5.19 (-9.43%)
S.S.Oil / Apr 23 S.S.Oil Mills Limited(SSOM)	295.08 ▼ -30.37 (-9.33%)
Pak Paper Prod / Apr 23 Pakistan Paper Products Limited(PPP)	142.42 ▼ -14.36 (-9.16%)
Leather Up Ltd. / Apr 23 Leather Up Limited(LEUL)	29.26 ▼ -2.74 (-8.56%)

Stock	Volume
B.O.Punjab / Apr 23 The Bank of Punjab(BOP)	58,495,594 ▼ -0.41
WorldCall Telecom / Apr 23 Worldcall Telecom Limited(WTL)	33,012,752 ▼ -0.02
Power Cement / Apr 23 Power Cement Limited(POWER)	29,594,463 ▼ -0.06
Dewan Cement / Apr 23 Dewan Cement Limited(DCL)	27,795,788 ▲ 0.61
Maple Leaf Cement / Apr 23 Maple Leaf Cement Factory Limited(MLCF)	21,856,530 ▼ -1.01
Cnergyico PK / Apr 23 Cnergyico PK Limited(CNERGY)	20,143,298 ▼ -0.21
Fauji Foods Ltd / Apr 23 Fauji Foods Limited(FFL)	17,537,660 ▼ -0.28
Symmetry Group / Apr 23 Symmetry Group Limited(SYM)	17,493,765 ▼ -0.15
Telecard Limited / Apr 23 Telecard Limited(TELE)	16,541,049 ▲ 0.21
Barkat Frisian Agro / Apr 23 Barkat Frisian Agro Limited(BFAGRO)	16,119,243 ▲ 0.16

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular