News Archives for Print - 2025-03-27

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Print - 2025-03-27

Middle East

Israel threatens to seize parts of Gaza over fate of hostages

JERUSALEM: Prime Minister Benjamin Netanyahu threatened Wednesday to seize parts of Gaza if Hamas does not release...

Published 27 Mar, 2025 08:08am

USA

Trump says ‘we have to have’ Greenland, ahead of Vance trip

WASHINGTON: US President Donald Trump ramped up his claims to Greenland on Wednesday, saying ahead of a visit by ...

Published 27 Mar, 2025 08:06am

Prince Harry resigns from Africa charity after ‘devastating’ row

LONDON: Prince Harry said he had quit as patron of a charity he founded in southern Africa almost 20 years ago with ...

Published 27 Mar, 2025 08:05am

Turkey’s opposition elects interim Istanbul mayor

ANKARA: Istanbul’s opposition-run municipal council on Wednesday elected an interim mayor to run the city, after...

Published 27 Mar, 2025 08:02am

Europe

Ukraine and Russia’s truce agreements run into trouble within hours

KYIV: Ukraine and Russia accused one another on Wednesday of flouting a truce on energy strikes brokered by the...

Published 27 Mar, 2025 08:00am

USA

Magazine publishes entire US attack plan mistakenly shared in chat group

WASHINGTON: The Atlantic magazine on Wednesday published what it said was the entire text of a chat group mistakenly...

Published 27 Mar, 2025 07:56am

Europe

Four US soldiers died in Lithuania, says NATO’s Rutte

STOCKHOLM: Four United States Army soldiers have died in Lithuania during training, NATO Secretary General Mark ...

Published 27 Mar, 2025 07:52am

Africa

Sudan army retakes Khartoum airport from paramilitaries

KHARTOUM: The Sudanese army said it recaptured Khartoum airport from the Rapid Support Forces and surrounded the...

Published 27 Mar, 2025 07:49am

US visit puts ‘unacceptable pressure’ on Greenland: Danish PM

COPENHAGEN: Danish Prime Minister Mette Frederiksen on Tuesday criticised a planned US delegation visit to ...

Published 27 Mar, 2025 07:46am

Simsek tells investors market strains will be managed

ISTANBUL: Turkish Finance Minister Mehmet Simsek and Central Bank Governor Fatih Karahan told a call with...

Published 27 Mar, 2025 07:45am

South Asia

UN seeks nearly $1bn in aid for Rohingya refugees in BD

GENEVA: The United Nations announced on Monday it was seeking nearly $1 billion to provide life-saving aid this year...

Published 27 Mar, 2025 07:41am

Companies

TSMC announces $100bn investment in new US chip plants

WASHINGTON: Taiwanese chip-making giant TSMC will invest at least $100 billion in the United States to build...

Published 27 Mar, 2025 07:40am

Indian defence panel recommends using private sector to boost fighter production

NEW DELHI: An Indian defence committee has recommended including the private sector in military aircraft...

Published 27 Mar, 2025 07:38am

Stocks

China equity issuance doubles as tech race draws back global investors

SYDNEY: Global investors are increasingly re-rating mainland China’s stock markets after two years of sitting on...

Published 27 Mar, 2025 07:35am

Health & Wellness

Chewing gum releases microplastics into mouth: researchers

PARIS: Chewing gum releases hundreds of tiny plastic pieces straight into people’s mouths, researchers said on...

Published 27 Mar, 2025 07:32am

Europe

Huge Iron Age hoard sheds fresh light on ancient Britain

LONDON: Archaeologists on Tuesday unveiled the discovery of one of the UK’s “biggest and most important” Iron...

Published 27 Mar, 2025 07:23am

Commodities

Morocco to extend wheat import subsidies to year-end

PARIS: Morocco will extend its current subsidy programme for soft wheat imports until December 31, state grains...

Published 27 Mar, 2025 07:14am

USA

Fight or cut a deal? Law firms face stark choice under Trump

WASHINGTON: Paul Weiss Chairman Brad Karp’s deal with US President Donald Trump to escape an executive order that...

Published 27 Mar, 2025 07:11am

Cotton & Textile

Trading activity improves on cotton market

LAHORE: The local cotton market on Tuesday remained steady and trading volume improved a little bit. Cotton Analyst...

Published 27 Mar, 2025 07:08am

Crackdown on vehicles overcharging passengers

HYDERABAD: In compliance with the directions of Senior Minister Sharjeel Inam Memon, Secretary T&MTD govt of...

Published 27 Mar, 2025 07:07am

Commodities

Gold, silver prices firm

KARACHI: Gold and silver prices held steady on Wednesday with the global market standing unmoved, traders said. The...

Published 27 Mar, 2025 07:04am

UK slashes growth forecast, cuts public spending

LONDON: The UK government halved its 2025 growth forecast on Wednesday as it made billions of pounds of spendings...

Published 27 Mar, 2025 07:01am

The unraveling of certainty: from Big Bang chaos to gender confusion

The Big Bang theory, a cornerstone of modern cosmology, has long been hailed as a triumph of human understanding....

Published 27 Mar, 2025 05:39am

US panel urges sanctions against RAW

WASHINGTON: A US panel on religious freedom said on Tuesday the treatment of minorities in India is deteriorating...

Published 27 Mar, 2025 05:23am

Court sentences five to death for ‘online blasphemy’

ISLAMABAD: A court has sentenced five men to death for posting blasphemous content online, a prosecution lawyer told...

Updated 27 Mar, 2025 08:35am

PARTLY FACETIOUS: Inmate visitation: scheduled opportunities for incarcerated IK

“So from Nameless to Faceless to now what? Voiceless?” “Technically the voice was also not his for some time now.”...

Published 27 Mar, 2025 05:23am

WWF raises its concerns over proposed Cholistan canal project

KARACHI: WWF-Pakistan on Wednesday voiced serious concerns over the Cholistan Canals project, emphasising the need...

Published 27 Mar, 2025 05:23am

Money & Banking

JS Bank, Al Ansari Exchange launch ‘millionaire campaign’

KARACHI: JS Bank has strengthened its partnership with Al Ansari Exchange, a leading exchange company in the UAE, to...

Published 27 Mar, 2025 05:23am

Journalist charged with disinfo sent to FIA remand

ISLAMABAD: A local court on Wednesday granted Federal Investigation Agency (FIA) two-day physical remand of...

Published 27 Mar, 2025 05:23am

SHC verdict on co-location services: SC issues notices on SRB pleas

ISLAMABAD: The Supreme Court issued notices on the petition of Commissioner Appeals of Sindh Revenue Board that...

Updated 27 Mar, 2025 09:27am

PCA South uncovers Rs215m tax revenue fraud

KARACHI: A ghost manufacturing unit has allegedly orchestrated massive money laundering worth Rs 2.4 billion and...

Updated 27 Mar, 2025 09:04am

Professionals: SECP launches mandatory certification requirements

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has introduced mandatory certification...

Updated 27 Mar, 2025 09:12am

Discouraging power theft: CII urges scholars, leaders to play active role

ISLAMABAD: The Council of Islamic Ideology (CII) has called upon the religious scholars and leaders to play an ...

Published 27 Mar, 2025 05:23am

IAC approves water availability for April only

ISLAMABAD: The IRSA Advisory Committee (IAC) has approved water availability only for the month of April 2025 with...

Updated 27 Mar, 2025 09:27am

Budget FY26: FBR examining proposals of Cellular Mobile Operators

ISLAMABAD: The Federal Board of Revenue (FBR) is examining budget proposals of the Cellular Mobile Operators (CMOs)...

Updated 27 Mar, 2025 09:05am

Court summons Elahi on April 14

LAHORE: An accountability court on Wednesday summoned former Punjab chief minister Pervez Elahi on April 14 in a...

Published 27 Mar, 2025 05:23am

US adds firms including from Pakistan to export blacklist

WASHINGTON: The United States added six subsidiaries of Inspur Group, China’s leading cloud computing and big data...

Published 27 Mar, 2025 05:23am

Cabinet halts additional tax on solar power users

ISLAMABAD: Federal cabinet blocked the approval of additional taxes on solar energy users and directed a review of...

Updated 27 Mar, 2025 09:13am

Energy

World installed record renewable energy in 2024, driven by China: report

DUBAI: The world installed a record amount of renewable energy capacity last year, largely driven by China,...

Published 27 Mar, 2025 05:23am

Rates

Stocks surge on SLA

KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday performed well, strongly fueled by investor optimism...

Published 27 Mar, 2025 05:23am

Hydel reduction forecast: Nepra seeks generation plan from PD

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has sought power generation plan from Power...

Updated 27 Mar, 2025 09:03am

Revised IPP deals: PD anticipates Rs3.5trn savings over 3-20 years

Committee told Power Purchase Agreements with 6 IPPs terminated

Updated 27 Mar, 2025 02:40pm

Urea sector: Body decides to extend gas supply for three months

ISLAMABAD: The Ministry of National Food Security and Research remains at the forefront of efforts to ensure...

Updated 27 Mar, 2025 09:28am

Q2 GDP grows 1.73pc

ISLAMABAD: The country’s Gross Domestic Product (GDP) posted a growth of 1.73 percent during the 2nd quarter of...

Published 27 Mar, 2025 05:23am

1HFY25 direct tax collection rises 29.4pc YoY

ISLAMABAD: The collection of direct taxes has shown an increase of 29.4 percent during first six months of 2024-25...

Updated 27 Mar, 2025 03:13pm

First review of $7bn EFF, and new $1.3bn RSF arrangement: SLA reached; IMF praises performance

Government can unlock the $1.3billion under a new climate resilience loan programme spanning 28 months

Updated 27 Mar, 2025 03:13pm

Rates

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 135,437 tonnes of cargo comprising 106,359 tonnes of import cargo and 29,078...

Published 27 Mar, 2025 05:23am

Money & Banking

Dollar gains against euro, yen

NEW YORK: The US dollar gained against the euro and yen on Wednesday as traders mulled whether tariffs planned by US...

Published 27 Mar, 2025 05:23am

Money & Banking

Asian currencies: Rupiah lingers near three-decade lows

BENGALURU: Indonesian equities rallied 4% on Wednesday after a period of relentless selling on worries over the...

Published 27 Mar, 2025 05:23am

Stocks

Wall St falls as Trump tariff uncertainty prevails

NEW YORK: Wall Street’s main stock indexes fell on Wednesday, dragged down by megacap stocks, as investors awaited...

Published 27 Mar, 2025 05:23am

Stocks

European shares end lower as US tariff deadline looms

FRANKFURT: European shares closed lower on Wednesday, dragged by technology and healthcare stocks, while investors...

Published 27 Mar, 2025 05:23am

Stocks

China stocks close flat on persistent tariff worries

SHANGHAI: Mainland China stocks pared gains and closed largely flat on Wednesday, weighed by persistent worries over...

Published 27 Mar, 2025 05:23am

Stocks

Nikkei rises as investors weigh possible flexibility on tariffs

TOKYO: Japan’s Nikkei share average rose on Wednesday as investors held on to hopes that US President Donald Trump...

Published 27 Mar, 2025 05:23am

Commodities

Indonesia steps up handing confiscated palm plantations to state company

JAKARTA: Indonesian authorities will hand over more land that has been seized in probes into illegal palm ...

Published 27 Mar, 2025 05:23am

Energy

Oil prices climb on supply worries

HOUSTON: Oil prices rose on Wednesday, buoyed by government data showing US crude oil and fuel inventories fell last...

Published 27 Mar, 2025 05:23am

Commodities

Japanese rubber futures edge up on softer yen

SINGAPORE: Japanese rubber futures ticked up on Wednesday, buoyed by a weakening yen and off-season supply concerns,...

Published 27 Mar, 2025 05:23am

Commodities

Comex copper at record high as US import tariff fears mount

LONDON: US copper futures hit a record high on Wednesday, expanding their premium over the London prices with rising...

Published 27 Mar, 2025 05:23am

PTI leaders summoned by JIT: IHC issues notices to federation, others

ISLAMABAD: The Islamabad High Court (IHC) issued notices to the federation and other respondents in a petition,...

Published 27 Mar, 2025 05:23am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (March 26, 2025)...

Published 27 Mar, 2025 05:23am

Companies

Volkswagen’s Audi to cut 7,500 jobs in administration

BERLIN: Volkswagen’s Audi will cut up to 7,500 jobs in Germany by 2029 in areas like administration and...

Published 27 Mar, 2025 05:23am

Australia unveils tax cuts in pre-election budget

CANBERRA: Australia’s left-leaning government will cut income tax, slash student debt and hasten defence spending...

Published 27 Mar, 2025 05:23am

The Weather

KARACHI: The weather report on Wednesday (March 26, 2025) and the forecast for Thursday (March 27, 2025)...

Published 27 Mar, 2025 05:23am

Rates

LME official prices

LONDON: The following were Tuesday official prices. ========================================= ALUMINIUM...

Published 27 Mar, 2025 05:23am

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 27 Mar, 2025 05:23am

Forex

Open market rates of foreign currencies

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

Published 27 Mar, 2025 05:23am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (March 26, 2025). ======================== Open Bid...

Published 27 Mar, 2025 05:23am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (March 26, 2025)....

Published 27 Mar, 2025 05:23am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (March 26, 2025)....

Published 27 Mar, 2025 05:23am

NHA projects: Ministry releases Rs56bn, parliamentary panel told

ISLAMABAD: The Ministry of Finance has released Rs56 billion for the second quarter of this financial year for...

Published 27 Mar, 2025 05:23am

IK for involving ‘genuinely elected’ representatives to overcome crises

ISLAMABAD: Imran Khan, ex-prime minister and founding chairman of Pakistan Tehreek-e-Insaf (PTI), urged the powers...

Published 27 Mar, 2025 05:23am

JI demands policy change to resolve issues facing KP, Balochistan

ISLAMABAD: Jamaat-e-Islami (JI) Pakistan chief Hafiz Naeemur Rehman, Wednesday, expressing serious concerns over the...

Published 27 Mar, 2025 05:23am

Ali Zafar selected for PSL-10 anthem

LAHORE: The Pakistan Super League (PSL) has selected singer Ali Zafar to perform the anthem for its highly...

Published 27 Mar, 2025 05:23am

UAF VC for empowering youth with modern knowledge & skills

FAISALABAD: University of Agriculture Faisalabad (UAF) Vice Chancellor Prof Dr Zulfiqar Ali on Tuesday called for...

Published 27 Mar, 2025 05:23am

Supply of free medicines being ensured at govt hospitals

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has directed immediate payment of dues of government hospitals....

Published 27 Mar, 2025 05:23am

Punjab govt sets up Women Police Squad to patrol markets

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif has taken a commendable and unique step for the protection of...

Published 27 Mar, 2025 05:23am

‘Delay’ in appointment of CEC, two members: IHC issues pre-admission notices

ISLAMABAD: The Islamabad High Court (IHC) Wednesday issued pre-admission notices to the federation, prime minister,...

Published 27 Mar, 2025 05:23am

ICAP establishes ‘Auditing Standards & Ethics Board’

KARACHI: The Institute of Chartered Accountants of Pakistan (ICAP) is always committed to serving the public ...

Published 27 Mar, 2025 05:23am

Energy

KE introduces AI chatbot ‘Kineto’

KARACHI: In another step towards achieving greater innovation and customer-centric experience, K-Electric (KE) has...

Published 27 Mar, 2025 05:23am

Sindh set to make birth registration mandatory

KARRCHI: Chief Secretary Sindh Asif Hyder Shah has announced that the provincial government is set to amend the...

Published 27 Mar, 2025 05:23am

Pakistan’s roadmap to crypto legalization—IV

The legalization of cryptocurrency in Pakistan is gaining momentum, requiring a strong regulatory framework to...

Updated 27 Mar, 2025 05:52am

Smart money runs first

Even by the turbulent standards of emerging markets, the past week was a master class in how quickly capital can...

Updated 27 Mar, 2025 05:50am

IMF-Pakistan SLA

EDITORIAL: Exactly ten days after the end of a two-week mission on the first review of the 7 billion dollar...

Published 27 Mar, 2025 05:23am

An issue of inheritance

EDITORIAL: Islam gave women the right to inherit property well over fourteen centuries ago, stating that from what ...

Published 27 Mar, 2025 05:23am

Letters

Our cricket team: a culture of defeat

New Zealand have beaten Pakistan by eight wickets in the fifth and final Twenty20 of the series in Washington....

Published 27 Mar, 2025 05:23am

NTC selects Oracle Communications Session Border Controller

ISLAMABAD: The National Telecom Corporation (NTC), in collaboration with Synergy Computers (Pvt) Ltd and Oracle...

Published 27 Mar, 2025 05:23am

Ziauddin University signs agreement with Grow Safe

KARACHI: Ziauddin University has signed an agreement with Grow Safe (Pvt.) Ltd for a comprehensive health, safety ...

Published 27 Mar, 2025 05:23am

Diagnostic sector appears to be transitioning towards export-based economy

KARACHI: Pakistan’s leading diagnostic industry institutions and Advisory Bodies including Lab Diagnostic system...

Published 27 Mar, 2025 05:23am

Clearance of goods: KCAA voices its concerns over ‘delays’

KARACHI: The Karachi Customs Agents Association (KCAA) has expressed concerns over delays in the goods clearance...

Published 27 Mar, 2025 05:23am

Money & Banking

Indian rupee ends tad higher

sMUMBAI: The Indian rupee closed marginally higher on Wednesday following a choppy trading session, influenced by...

Published 27 Mar, 2025 05:23am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (March 26, 2025). ==================================== BR...

Published 27 Mar, 2025 05:23am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (March 26, 2025)...

Published 27 Mar, 2025 05:23am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Wednesday (March 26, 2025). ======================================= Offset...

Published 27 Mar, 2025 05:23am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 12	281.63
USD PKR Interbank Buying / May 12	281.43
USD to Japanese Yen / May 12	145.91
USD to Swiss Franc / May 12	0.83
Pound Sterling to USD / May 12	1.33
Euro to USD / May 12	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
Nasdaq / May 9	17,928.92
Dow Jones / May 9	41,249.38
India Sensex / May 12	81,746.51
Tokyo Nikkei / May 12	37,643.20
Hang Seng / May 12	23,174.79
FTSE 100 / May 12	8,559.54
Germany DAX 30 / May 12	23,721.61
France CAC40 / May 12	7,802.81

Item	Value
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Petrol/Litre / May 12	252.63
Crude Oil USD/Barrel / May 12	61.81
Gold Spot USD/Ounce / May 12	3,279.94
Diesel/Litre / May 12	256.64
Cotton US¢/pound / May 12	67.45

Gainers
Losers
Leaders

Stock	Price
Dewan Farooque Sp. / May 12 Dewan Farooque Spinning Mills Limited(DFSM)	3.06 ▲ 0.69 (29.11%)
Chenab Ltd (Pref) / May 12 Chenab Limited (Pref)(CLCPS)	2.64 ▲ 0.59 (28.78%)
Cresent Jute / May 12 Crescent Jute Products Limited(CJPL)	3.28 ▲ 0.68 (26.15%)
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	4.99 ▲ 1 (25.06%)
Media Times Ltd / May 12 Media Times Limited(MDTL)	1.85 ▲ 0.34 (22.52%)
Pace (Pak) Ltd. / May 12 Pace (Pakistan) Limited(PACE)	5.38 ▲ 0.96 (21.72%)
Al-Shaheer Corp / May 12 Al Shaheer Corporation Limited(ASC)	5.88 ▲ 1 (20.49%)
TPL Corp Ltd / May 12 TPL Corp Limited(TPL)	4.54 ▲ 0.73 (19.16%)
PICIC Ins.Ltd. / May 12 PICIC Insurance Limited(PIL)	3.29 ▲ 0.52 (18.77%)
Hira Textile / May 12 Hira Textile Mills Limited(HIRAT)	3.25 ▲ 0.51 (18.61%)

Stock	Price
Ellcot Spinning / May 12 Ellcot Spinning Mills Limited(ELSM)	101.10 ▼ -11.09 (-9.89%)
Shams Textile / May 12 Shams Textile Mills Limited(STML)	21.50 ▼ -2 (-8.51%)
National Silk / May 12 The National Silk & Rayon Mills Limited(NSRM)	38.55 ▼ -3.5 (-8.32%)
Ali Asghar / May 12 Ali Asghar Textile Mills Limited(AATM)	41.50 ▼ -3.37 (-7.51%)
Din Tex. / May 12 Din Textile Mills Limited(DINT)	47 ▼ -2.99 (-5.98%)
Pak Leather / May 12 Pak Leather Crafts Limited(PAKL)	28.25 ▼ -1.75 (-5.83%)
Suraj Cotton / May 12 Suraj Cotton Mills Limited(SURC)	116 ▼ -7.14 (-5.8%)
Idrees Tex. / May 12 Idrees Textile Mills Limited(IDRT)	16.17 ▼ -0.89 (-5.22%)
Sakrand Sugar / May 12 Sakrand Sugar Mills Limited(SKRS)	11.80 ▼ -0.52 (-4.22%)
Gulshan Sp. / May 12 Gulshan Spinning Mills Limited(GSPM)	3.05 ▼ -0.12 (-3.79%)

Stock	Volume
K-Electric Ltd. / May 12 K-Electric Limited(KEL)	98,555,378 ▲ 0.59
At-Tahur Ltd. / May 12 At-Tahur Limited(PREMA)	68,872,960 ▲ 2.32
WorldCall Telecom / May 12 Worldcall Telecom Limited(WTL)	58,518,191 ▲ 0.16
Power Cement / May 12 Power Cement Limited(POWER)	34,892,566 ▲ 1.18
Cnergyico PK / May 12 Cnergyico PK Limited(CNERGY)	32,718,728 ▲ 1
B.O.Punjab / May 12 The Bank of Punjab(BOP)	30,675,286 ▲ 1
Hub Power Co. / May 12 The Hub Power Company Limited(HUBC)	21,380,209 ▲ 12.58
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	21,165,664 ▲ 1
Pak Int.Bulk / May 12 Pakistan International Bulk Terminal(PIBTL)	14,502,608 ▲ 1
Pak Elektron / May 12 Pak Elektron Limited(PAEL)	11,691,833 ▲ 4.02

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