News Archives for Print - 2025-02-22

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Print - 2025-02-22

Commodities

SAB discusses availability of sugar, price stability ahead of Ramazan

ISLAMABAD: The ongoing increase in sugar price, ie, from Rs6,150 per 50 kg bag to Rs7,550 per bag shows that the...

Published 22 Feb, 2025 07:49am

Opposition alliance leaders plan three-day Sindh visit

ISLAMABAD: In an effort to up the ante on the government, Mehmood Khan-led opposition alliance announced on Friday...

Published 22 Feb, 2025 07:45am

Various domains: Govt, private sector agree on need to harmonise legislation

ISLAMABAD: Government and private stakeholders agreed on the critical need for harmonizing legislation across ...

Published 22 Feb, 2025 07:40am

28th SSUET Convocation: 854 students conferred upon degrees, medals

KARACHI Sir Syed University of Engineering & Technology (SSUET) organized its 28th Convocation with traditional...

Published 22 Feb, 2025 07:36am

53 vehicles taken into custody under crackdown on unfit vehicles

KARACHI: On the instructions of Senior Minister of Sindh, Sharjeel Inam Memon, the Transport Department has taken 53...

Published 22 Feb, 2025 07:34am

Hajj Moavineen: Body says concerned at selection process

ISLAMABAD: The Standing Committee on Religious Affairs and Inter-Faith Harmony expressed their deep concern ...

Published 22 Feb, 2025 07:33am

22 Indian fishermen released from Karachi jail

KARACHI: A total of 22 Indian fishermen have been released from Malir Jail in Karachi. They were sent to Wagah ...

Published 22 Feb, 2025 07:27am

Govt employees’ protest against pension reforms continues

ISLAMABAD: The government employees from various departments on Friday continued their protest for the second...

Published 22 Feb, 2025 07:24am

APNS condolence

KARACHI: Nazafreen Saigol Lakhani, President and Sarmad Ali, General Secretary Pakistan Newspapers Society have...

Published 22 Feb, 2025 07:21am

Forces kill 6 terrorists in Karak IBO

ISLAMABAD: Security forces conducted an intelligence-based operation (IBO) in Karak District on Friday, targeting ...

Published 22 Feb, 2025 07:18am

Eight killed in Kasur road accident

KASUR: At least eight persons were killed and two others suffered injuries when a mini-van plunged into a drain in...

Published 22 Feb, 2025 07:16am

Punjab CM orders launch of ‘Magnificent Punjab’ tourist project

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif has directed the authorities concerned to launch a mega tourist...

Published 22 Feb, 2025 07:13am

Industry

Bilateral trade volumes to witness significant growth: Turkiye envoy

LAHORE: The Ambassador of Turkiye, Irfan Neziroglu, has expressed optimism that the trade volume between Pakistan ...

Published 22 Feb, 2025 07:11am

Vocational training: 3-year job prospects plan presented to PM

ISLAMABAD: A three-year plan to enhance job prospects domestically and internationally was presented to Prime...

Updated 22 Feb, 2025 09:07am

UNICEF, CPB join hands for welfare of children

LAHORE: Chairperson of the Child Protection Bureau and Member of the Punjab Provincial Assembly, Sarah Ahmad, met...

Published 22 Feb, 2025 06:31am

World Bank delegation attends presentation on SPHF programme

KARACHI: The Executive Directors of the World Bank visited Pakistan for the first time in two decades and attended a...

Published 22 Feb, 2025 06:31am

50 different types of Multimedia Projectors: Customs values on import revised

ISLAMABAD: Directorate General of Customs Valuation Karachi has revised customs values on the import of 50 different...

Updated 22 Feb, 2025 08:37am

Money & Banking

Digital services: SBP grants pilot licence to MBPL

KARACHI: The State Bank of Pakistan (SBP) has awarded pilot license to Mashreq Bank Pakistan Limited (MBPL) to...

Published 22 Feb, 2025 06:31am

India investigates possible election-influencing activity by USAID

NEW DELHI: Indian authorities are looking into “deeply troubling” information about US governmental activity in the...

Published 22 Feb, 2025 06:31am

Govt tells IHC: Swapping Afridi for Aafia not workable

ISLAMABAD: The federal government apprised the Islamabad High Court (IHC) that the proposal to exchange Dr Aafia...

Published 22 Feb, 2025 06:31am

Energy

Oil falls 2pc but concerns over supply disruptions provide support

HOUSTON: Oil prices fell 2% on Friday but were unchanged on the week as concerns about supply disruptions in Russia...

Published 22 Feb, 2025 06:31am

An unlisted firm can raise capital via ESOS: SECP

ISLAMABAD: The Securities and Exchange Commission of Pakistan’s guideline on Employee Stock Option Scheme (ESOS)...

Updated 22 Feb, 2025 09:08am

PM launches ‘CAMS’ initiative for speedy justice

ISLAMABAD: In a bid to enhance the clarity and efficiency of the legal process for litigants, Prime Minister Shehbaz...

Updated 22 Feb, 2025 08:40am

PTI does not accept 26th Amendment, CJP told

ISLAMABAD: Chief Justice of Pakistan (CJP) met with the leaders of Pakistan Tehreek-e-Insaf (PTI) as part of his...

Published 22 Feb, 2025 06:31am

ECP tells SC bench: Senators opposed e-voting due to security concerns

ISLAMABAD: The Election Commission of Pakistan (ECP) has informed the Supreme Court Constitutional Bench that all...

Updated 22 Feb, 2025 08:41am

SBP issues Raast participation criteria

KARACHI: In order to facilitate the applicants desirous of becoming Raast participants, the State Bank of Pakistan...

Updated 22 Feb, 2025 08:34am

Rs20bn Ramazan relief: payments to be made in cash

Provincial governments to follow the same cash transfer model for Ramazan package

Updated 22 Feb, 2025 09:47am

Minister for price stability, forestalling hoarding

ISLAMABAD: Federal Minister for Planning Ahsan Iqbal directed that the price difference between wholesale and retail...

Updated 22 Feb, 2025 02:40pm

Resolving issues facing retailers: PM orders formation of committee

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday said that besides introducing reforms in Federal Board of Revenue...

Updated 22 Feb, 2025 02:39pm

EFF approved despite ‘dissenting voices’: IMF MD

ISLAMABAD: Managing Director, International Monetary Fund (IMF), Kristalina Georgieva, reportedly stated that there...

Updated 22 Feb, 2025 02:12pm

Aurangzeb vows to foster conducive investment climate

ISLAMABAD: Minister for Finance and Revenue Muhammad Aurangzeb has reiterated Pakistan’s commitment to fostering a...

Published 22 Feb, 2025 06:31am

COAS briefed about British Army’s modernisation plan

RAWALPINDI: Chief of Army Staff (COAS) General Asim Munir was briefed on the modernisation plan of the British Army...

Published 22 Feb, 2025 06:31am

Rates

PSX turns bearish

KARACHI: Pakistan Stock Exchange on Friday witnessed a bearish trend and closed in red zone with heavy losses due to...

Published 22 Feb, 2025 06:31am

Green Climate Fund approves $687m in investments

LONDON: The Green Climate Fund (GCF), the world’s largest fund helping developing countries deal with the impacts...

Published 22 Feb, 2025 06:31am

Repair of Italian helicopters: Govt agrees to insert new clause in BOA

ISLAMABAD: Italian Company M/s Leonardo, Helicopter Division (LHD) and Islamabad have agreed to insert new clause...

Published 22 Feb, 2025 06:31am

Bids invited for export of another 50,000 MTs of rice to Bangladesh

KARACHI: The state-run grain trader has invited bids for the export of 50,000 metric tons of non-Basmati parboiled...

Updated 22 Feb, 2025 09:45am

Industry

P@SHA delegation meets TDAP Chief Executive

LAHORE: A delegation from the Pakistan Software Houses Association for IT & ITES (P@SHA), led by Chairman Sajjad...

Published 22 Feb, 2025 06:31am

Industry

UBG for unlocking potential of pharmaceutical sector

KARACHI: The United Business Group (UBG) has emphasized the need to unlock the potential of Pakistan’s...

Published 22 Feb, 2025 06:31am

Industry

SMEDA arranges panel discussion on ‘Digital Trade Facilitation for SMEs’

LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) brought together industry leaders,...

Published 22 Feb, 2025 06:31am

Over 0.5m children into mainstream education: Senate informed bout BECS’s role

ISLAMABAD: The Senate was informed on Friday that Basic Education Community Schools (BECS) are playing an important...

Published 22 Feb, 2025 06:31am

SECP revises Futures Exchanges (Licensing and Operations) rules 2017

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has revised Futures Exchanges (Licensing and...

Published 22 Feb, 2025 06:31am

Commodities

Review meeting on wheat situation held

LAHORE: A review meeting on the current wheat situation, considering the recent weather conditions, was held at...

Published 22 Feb, 2025 06:31am

Public rally at Minar-i-Pakistan: PTI moves LHC seeking permission

LAHORE: Pakistan Tehreek-i-Insaf (PTI) on Friday approached the Lahore High Court seeking permission to hold a...

Published 22 Feb, 2025 06:31am

Prevention of human trafficking, bonded labour emphasized

HYDERABAD: A joint meeting of the District Anti-Human Trafficking and Anti-Bonded Labour Monitoring &...

Published 22 Feb, 2025 06:31am

Polio Programme engages 132,000 local influencers

ISLAMABAD: The Ministry of National Health Services, Regulations, and Coordination informed the Senate on Friday...

Published 22 Feb, 2025 06:31am

Stocks

Wall St set for weekly declines as data hints at slowing economy

NEW YORK: Wall Street’s main indexes were set for weekly declines on Friday, as fresh data painted a weak picture...

Published 22 Feb, 2025 06:31am

Working with the municipality

Working in a Canadian company in Ottawa, Canada, in the early seventies I was so eager to see snowfall. Having grown...

Published 22 Feb, 2025 06:31am

The status of SOEs

EDITORIAL: The report on state-owned entities (SOEs) July-2023 to June-2024 provides extremely disturbing data that...

Published 22 Feb, 2025 06:31am

Pakistan needs real action

EDITORIAL: The latest UN report on terrorism in the region – the 35th report of the Analytical Support and Sanctions...

Published 22 Feb, 2025 06:31am

Letters

Govt needs to revisit its strategy in relation to PTI

How unfortunate it is that the hawks seem to have prevailed on doves in the government side as defence minister...

Published 22 Feb, 2025 06:31am

Industry

Over 54pc of cigarette brands being sold illegally

ISLAMABAD: The sales of smuggled and non-duty paid illicit cigarettes has manifold increased in Pakistan, as over 54...

Published 22 Feb, 2025 06:31am

Energy

Experts express optimism about reforms being implemented by NTDC

ISLAMABAD: The structural reforms being implemented by the National Transmission and Despatch Company (NTDC) aim to...

Published 22 Feb, 2025 06:31am

Partly Facetious: Now a new war of narratives

“I reckon the war of the narrative is over.” “How come?” “Well the Zelenskyy narrative is being fully and...

Published 22 Feb, 2025 06:31am

Sindh, Balochistan: Bilawal announces Oxford University’s scholarships

ISLAMABAD: The Government of Sindh, in collaboration with the Oxford Pakistan Programme (OPP), has announced two...

Updated 22 Feb, 2025 08:12am

Money & Banking

US dollar pares gains after data

NEW YORK: The US dollar rose against a broad range of currencies on Friday, partly retracing losses versus the yen...

Published 22 Feb, 2025 06:31am

Stocks

Sri Lanka shares end higher

COLOMBO: Sri Lankan shares closed higher on Friday, aided by utilities and financial stocks. The CSE All-Share index...

Published 22 Feb, 2025 06:31am

Money & Banking

Ringgit, rupiah lead Asian currencies higher

BENGALURU: Asian currencies, led by the Malaysian ringgit and Indonesian rupiah, recorded slight gains on Friday, as...

Published 22 Feb, 2025 06:31am

Home-grown problems, solutions

The nation is stuck in the dilemma of a perpetual struggle to borrow money to sustain the fragile fiscal structure...

Published 22 Feb, 2025 06:31am

Stocks

Europe’s STOXX 600 closes near record high

FRANKFURT: European shares settled near a record high on Friday and marked their longest streak of weekly gains in...

Published 22 Feb, 2025 06:31am

Stocks

China tech stocks cap best winning run in five years

HONG KONG: Chinese tech stocks listed in Hong Kong advanced on Friday for their best weekly winning streak since...

Published 22 Feb, 2025 06:31am

Stocks

Dubai stocks eases on profit-taking

DUBAI: Dubai index fell on Friday, as investors continued to encash on the profits gained in previous sessions,...

Published 22 Feb, 2025 06:31am

Stocks

Nikkei ends higher after BOJ chief’s comments

TOKYO: Japan’s Nikkei share average reversed losses to end higher on Friday, as comments from Bank of Japan Governor...

Published 22 Feb, 2025 06:31am

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 22 Feb, 2025 06:31am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (February 21, 2025). ========================== KIBOR...

Published 22 Feb, 2025 06:31am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on...

Published 22 Feb, 2025 06:31am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (February 21, 2025) . ==================================== BR...

Published 22 Feb, 2025 06:31am

Forex

Dollar's rate in Interbank market

KARACHI: Interbank closing rates for dollar on Friday (February 21, 2025) . ======================== Open Bid Rs...

Published 22 Feb, 2025 06:31am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (February 21, 2025) ....

Published 22 Feb, 2025 06:31am

Four workers die, two hurt at Gujranwala steel mill

GUJRANWALA: Four workers died and two seriously injured when molten hot iron fell on them at a steel mill near...

Published 22 Feb, 2025 06:31am

Mustafa Amir’s body exhumed for DNA samples

KARACHI: Following the court orders, Sindh health department’s medical team exhumed body of Mustafa Amir for DNA...

Published 22 Feb, 2025 06:31am

Cotton & Textile

Moderate trading on cotton market

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

Published 22 Feb, 2025 06:31am

Companies

Lucky Cement unveils 5:1 stock split

KARACHI: Lucky Cement Limited announced a 5 for 1 stock split through its notice to PSX on Friday. The said...

Published 22 Feb, 2025 06:31am

LHC grants post-arrest bail to Ruba Haider

LAHORE: The Lahore High Court on Friday granted post-arrest bail to a social media activist Ruba Haider in a case of...

Published 22 Feb, 2025 06:31am

Industry

Recovering of hijacked garments container: KCCI, seven major industrial zones praise minister for prompt action

KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) and seven major industrial zones — Korangi...

Updated 22 Feb, 2025 08:18am

JI holds demos against rising traffic accidents

KARACHI: Jamaat-e-Islami (JI) Karachi staged citywide protests on Friday against the rising number of deaths caused...

Published 22 Feb, 2025 06:31am

IESSI approves amendments to social security issues

ISLAMABAD: The Governing Body of the ICT Employees Social Security Institution (IESSI) has approved significant...

Published 22 Feb, 2025 06:31am

Companies

Haleon, Smile Train join hands for cleft lip, palate treatment

KARACHI: Haleon Pakistan Limited, a consumer healthcare company, has renewed its collaboration with Smile Train, the...

Published 22 Feb, 2025 06:31am

Industry

Govt urged to retain two-year term of trade bodies

KARACHI: Leaders of trade bodies have demanded of the government to retain the two-year term for chambers,...

Published 22 Feb, 2025 06:31am

Governor meets Turkish, British diplomats

LAHORE: Turkish Ambassador to Pakistan Irfan Neziroglu and Head of the British High Commission in Lahore, Ben...

Published 22 Feb, 2025 06:31am

The Weather

KARACHI: The weather report on Friday (February 21, 2025) and the forecast for Saturday (February 22, 2025)...

Published 22 Feb, 2025 06:31am

Interactive session with students, faculty: DG ISPR deliberates security landscape at LUMS

RAWALPINDI: Lieutenant General Ahmad Sharif Chaudhry, Director General of Inter-Services Public Relations (DG ISPR),...

Published 22 Feb, 2025 06:31am

CPSC holds lecture of Dr Thitinan

ISLAMABAD: The China Pakistan Study Centre (CPSC) at the Institute of Strategic Studies Islamabad (ISSI) hosted Dr...

Published 22 Feb, 2025 06:31am

CCLO reviews law & order situation for Ramadan, ICC Champions Trophy

LAHORE: Provincial Health Minister and Chairman Cabinet Committee on Law and Order (CCLO) Khawaja Salman Rafique ...

Updated 22 Feb, 2025 08:08am

ATC extends interim bail of PTI leaders

ISLAMABAD: The Anti-Terrorism Court (ATC) on Friday extended the interim bail of Pakistan Tehreek-e-Insaf (PTI)...

Published 22 Feb, 2025 06:31am

Alkhidmat launches training of pharmacists

KARACHI: The unchecked spread of counterfeit and substandard medicines is posing a severe threat to public health in...

Published 22 Feb, 2025 06:31am

Industry

CEO says businesses will now witness ‘transformative’ role of TDAP

LAHORE: Faiz Ahmad Chadhar, CEO, TDAP has declared that the role of TDAP will not be limited to organizing...

Published 22 Feb, 2025 06:31am

GCUF holds book fair

FAISALABAD: Government College University Faisalabad (GCUF) has organised a grand three-day Book Fair, bringing...

Published 22 Feb, 2025 06:31am

No restrictions on meetings with PTI founder: Azma

LAHORE: Punjab Information Minister Azma Bokhari has clarified that the provincial government has not imposed any...

Published 22 Feb, 2025 06:31am

Commodities

Gold prices drift lower

KARACHI: Local and international gold prices declined from record highs on Friday, as global market lost momentum,...

Published 22 Feb, 2025 06:31am

Companies

SCBPL reaches historic milestone: its PBT exceeds Rs100bn

KARACHI: Standard Chartered Bank Pakistan Limited (SCBPL) delivered a record performance with profit before tax of...

Published 22 Feb, 2025 06:31am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	281.70
USD PKR Interbank Buying / May 16	281.50
USD to Japanese Yen / May 16	145.70
USD to Swiss Franc / May 16	0.84
Pound Sterling to USD / May 16	1.33
Euro to USD / May 16	1.12
UK LIBOR % / May 16	4.96

Stock	Volume
S&P 500 / May 16	5,958.38
India Sensex / May 16	82,330.59
Tokyo Nikkei / May 16	37,753.72
Nasdaq / May 16	19,211.10
Hang Seng / May 16	23,345.05
FTSE 100 / May 16	8,684.56
Dow Jones / May 16	42,654.74
Germany DAX 30 / May 16	23,767.43
France CAC40 / May 16	7,886.69

Item	Value
Crude Oil USD/Barrel / May 16	62.49
Karachi Cotton PKR/37.32 KG / May 16	16,985
Gold 10 Grams PKR / May 16	288,151
Gold Spot USD/Ounce / May 16	3,203.65
Cotton US¢/pound / May 16	64.89
Petrol/Litre / May 18	252.63
Diesel/Litre / May 18	254.64

Gainers
Losers
Leaders

Stock	Price
Equity Modaraba / May 16 First Equity Modaraba(FEM)	3.45 ▲ 0.6 (21.05%)
Pak. P.V.C. / May 16 Pakistan PVC Limited(PPVC)	8.40 ▲ 1 (13.51%)
Dewan Mushtaq / May 16 Dewan Mushtaq Textile Mills Limited(DMTM)	10.83 ▲ 1 (10.17%)
AN Textile Mills / May 16 AN Textile Mills Limited(ANTM)	13.06 ▲ 1.19 (10.03%)
Fast Cables / May 16 Fast Cables Limited(FCL)	24.16 ▲ 2.2 (10.02%)
Sitara Peroxide / May 16 Sitara Peroxide Limited(SPL)	13.73 ▲ 1.25 (10.02%)
Bawany Air Products / May 16 Bawany Air Products Limited(BAPL)	44.17 ▲ 4.02 (10.01%)
Service Textile / May 16 Service Industries Textiles Limited(SERT)	15.27 ▲ 1.39 (10.01%)
Pak Synthetics / May 16 Pakistan Synthetics Limited(PSYL)	62.34 ▲ 5.67 (10.01%)
Punjab Oil / May 16 Punjab Oil Mills Limited(POML)	205.50 ▲ 18.68 (10%)

Stock	Price
Parmount Sp. / May 16 Paramount Spinning Mills Limited(PASM)	3.11 ▼ -0.59 (-15.95%)
B. F. Modaraba / May 16 B.F. Modaraba(BFMOD)	7.86 ▼ -0.87 (-9.97%)
786 Invest Ltd / May 16 786 Investments Limited(786)	7.66 ▼ -0.84 (-9.88%)
Crescent Cotton / May 16 Crescent Cotton Mills Limited(CCM)	48.20 ▼ -5.26 (-9.84%)
Elahi Cotton / May 16 Elahi Cotton Mills Limited(ELCM)	113.52 ▼ -12.32 (-9.79%)
Shams Textile / May 16 Shams Textile Mills Limited(STML)	24.21 ▼ -2.52 (-9.43%)
Popular Islamic / May 16 Popular Islamic Modaraba(PIM)	12.51 ▼ -1.27 (-9.22%)
D.M. Textile / May 16 D.M. Textile Mills Limited(DMTX)	34.63 ▼ -3.47 (-9.11%)
First Elite Cap.Mod / May 16 First Elite Capital Modaraba(FECM)	18.87 ▼ -1.81 (-8.75%)
TPL Life Insur. / May 16 TPL Life Insurance Limited(TPLL)	48.72 ▼ -4.12 (-7.8%)

Stock	Volume
At-Tahur Ltd. / May 16 At-Tahur Limited(PREMA)	44,633,748 ▲ 0.51
Cnergyico PK / May 16 Cnergyico PK Limited(CNERGY)	32,290,577 ▼ -0.17
Lotte Chemical / May 16 Lotte Chemical Pakistan Limited(LOTCHEM)	28,644,102 ▲ 1.29
Pak Refinery / May 16 Pakistan Refinery Limited(PRL)	24,350,324 ▼ -0.39
K-Electric Ltd. / May 16 K-Electric Limited(KEL)	19,518,214 ▼ -0.05
Pak Elektron / May 16 Pak Elektron Limited(PAEL)	18,192,785 ▼ -1.62
WorldCall Telecom / May 16 Worldcall Telecom Limited(WTL)	16,656,452 ▼ -0.02
Fauji Foods Ltd / May 16 Fauji Foods Limited(FFL)	15,918,284 ▲ 0.1
P.T.C.L. / May 16 Pakistan Telecommunication Company Ltd(PTC)	15,675,499 ▲ 0.66
Sui South Gas / May 16 Sui Southern Gas Company Limited(SSGC)	14,771,771 ▼ -1.29

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