News Archives for Print - 2025-04-08

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Print - 2025-04-08

Starlink may begin operations by Nov or Dec, NA told

ISLAMABAD: Amid ongoing internet disruptions and a social media gag in the country, the government on Monday ...

Published 08 Apr, 2025 07:30am

Industry

Planning minister for upgrading textile industry

ISLAMABAD: Minister for Planning, Development and Special Initiatives Ahsan Iqbal stressed that the country’s...

Published 08 Apr, 2025 07:30am

Leased properties, lands with commercial potential: Minister asks Railways to submit data

LAHORE: Federal Minister for Railways Muhammad Hanif Abbasi has directed all railway divisions to submit...

Published 08 Apr, 2025 07:27am

Grains

Record wheat production procured: CM directs to purchase wheat through private sector

LAHORE: Chief Minister Maryam Nawaz Sharif while presiding over a meeting to review current situation before the...

Published 08 Apr, 2025 07:26am

Industry

FPCCI to host ASEAN delegation on 21st

KARACHI: Atif Ikram Sheikh, President FPCCI, has apprised that the Federation of Pakistan Chambers of Commerce and...

Published 08 Apr, 2025 07:25am

Energy

Engineer Ramzan Butt made new CEO LESCO

LAHORE: In a significant development, the Board of Directors of Lahore Electric Supply Company (LESCO) has appointed...

Published 08 Apr, 2025 07:24am

9 terrorists including ring leader killed in DIK

RAWALPINDI: In an intelligence-based operation, Pakistani security forces killed nine terrorists, including a...

Published 08 Apr, 2025 07:00am

PTI not in contact with US delegation, insists Gohar

ISLAMABAD: Chairman Pakistan Tehreek-e-Insaf (PTI) Barrister Gohar Ali Khan on Monday said that his party is not in...

Published 08 Apr, 2025 06:58am

NA: Opposition lawmakers decry Katlang incident

ISLAMABAD: The opposition lawmakers in National Assembly on Monday protested against a recent drone strike in...

Published 08 Apr, 2025 06:56am

Project accorded approval to operate 1500 e-buses in Punjab

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif has given in-principle approval for the project to run 1500...

Published 08 Apr, 2025 06:53am

Sugar Cane Cess Fund: Repair, restoration of 22 roads in Faisalabad approved

FAISALABAD: The divisional administration of Faisalabad has demonstrated a practical commitment to the sugarcane...

Published 08 Apr, 2025 06:52am

CM condoles death

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif expressed deep grief and sorrow over the death of Member Punjab...

Published 08 Apr, 2025 06:49am

Heatwave-like conditions in southern half likely today

LAHORE: Heatwave-like conditions in southern half of the country, dust/thunderstorm-rain is predicted in northern...

Published 08 Apr, 2025 06:47am

Shehbaz, Nawaz to visit Belarus on 9th

LAHORE: Doctors of Sharif Medical Complex declared the health of former PM and PML-N President Mian Nawaz Sharif as...

Published 08 Apr, 2025 06:46am

Karachi traders observe strike to show solidarity with Gazans

KARACHI: A complete shutter-down strike was observed across Karachi’s major commercial districts on Monday as ...

Published 08 Apr, 2025 06:43am

Letters

US fueling war in Gaza

How ironic it is that the US has completely lost its marbles in its support to the Zionist entity that has killed...

Published 08 Apr, 2025 06:38am

China’s economy attracts worldwide attention

As all things spring to life in the vibrant month of March, the 2025 China’s National Two Sessions has just...

Published 08 Apr, 2025 06:26am

Talking to Adiala

They flew in from America, rushed to Aabpara, traipsed across to Adiala then jetted back to America. And the net...

Published 08 Apr, 2025 06:20am

The global trade war

The USA, under the new Trump Administration, has unilaterally imposed tariffs on all imports into the country. The...

Published 08 Apr, 2025 06:14am

Trump tariffs – a threat to our exports

The imposition of 29% additional tariffs on our exports to the USA will be highly disruptive to our exports to the...

Published 08 Apr, 2025 06:13am

Ceaseless carnage in Gaza

EDITORIAL: The first day of Eid al-Fitr in Gaza was yet another day of farewells and funerals as Israel continued to...

Published 08 Apr, 2025 06:06am

Waqf reforms or authoritarian overreach?

EDITORIAL: India’s Waqf (Amendment) Bill, passed swiftly through parliament under the Modi government, is being...

Published 08 Apr, 2025 06:00am

Protecting taxpayer data

EDITORIAL: The Federal Board of Revenue’s (FBR’s) recent decision to classify taxpayers’ data as critical...

Published 08 Apr, 2025 05:56am

March OMC sales up 5pc on price cuts MoM

KARACHI: Pakistan’s Oil Marketing Companies (OMCs) recorded sales of 1.2 million tons in March 2025, up 5 percent...

Updated 08 Apr, 2025 08:55am

WCLA inaugurates ‘Koocha Hussain Shah’

LAHORE: The Walled City of Lahore Authority (WCLA) has inaugurated the historical Koocha (neighbourhood) Hussain...

Published 08 Apr, 2025 05:40am

Traders condemn Israeli aggression in Gaza

KARACHI: Business community has strongly condemned the Israeli aggression in Gaza, particularly the indiscriminate...

Published 08 Apr, 2025 05:40am

Trump announces direct Iran talks

WASHINGTON: President Donald Trump said the United States would start direct, high-level talks with Iran over its...

Published 08 Apr, 2025 05:40am

Binance founder CZ appointed strategic advisor to PCC

ISLAMABAD: In a groundbreaking move poised to reshape the global crypto landscape, Changpeng Zhao (CZ) visionary...

Published 08 Apr, 2025 05:40am

Foreign assets immune from taxes: ATIR

ISLAMABAD: Appellate Tribunal Inland Revenue (ATIR) Lahore has ruled that any foreign assets declared under the...

Updated 08 Apr, 2025 09:27am

Poor performance of 3 Discos earns PD’s ire

ISLAMABAD: The Power Division has grilled Sukkur Electric Supply Company (SEPCO), Hyderabad Electric Supply Company...

Updated 08 Apr, 2025 08:54am

SHC suspends IRSA’s water availability certificate

KARACHI: The Sindh High Court (SHC) on Monday suspended the water availability certificate for canals issued by the...

Updated 08 Apr, 2025 09:25am

Govt approves establishment of NIFTAC

ISLAMABAD: The government on Monday approved the establishment of the National Intelligence Fusion and Threat...

Published 08 Apr, 2025 05:40am

Pakistan Minerals Investment Forum begins today

ISLAMABAD: The two-day Pakistan Minerals Investment Forum (PMIF-25) is set to begin here today (Tuesday) with...

Updated 08 Apr, 2025 08:54am

China calls US tariffs ‘bullying’

BEIJING: Threats and pressure are not the right way to deal with China, a Chinese foreign ministry spokesperson said...

Published 08 Apr, 2025 05:40am

Economic Cooperation Organization SG due today

ISLAMABAD: Secretary-General of the Economic Cooperation Organization (ECO) Dr Asad Majeed Khan will pay an official...

Updated 08 Apr, 2025 09:25am

Electricity tariff cut: APTMA seeks clarification

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has sought clarification from the Power Division regarding...

Updated 08 Apr, 2025 08:53am

Expanding OMC network in Balochistan: stepped-up action ordered

ISLAMABAD: The Prime Minister’s Office (PMO) has directed the concerned ministries to expedite implementation on...

Updated 08 Apr, 2025 10:23pm

Rates

PSX mirrors global sell-off

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a brutal session on Monday, opening sharply lower and facing...

Published 08 Apr, 2025 05:40am

Dar phones Rubio, discusses economic cooperation

ISLAMABAD: Deputy Prime Minister/Foreign Minister Senator Ishaq Dar held a telephone call with US Secretary of State...

Published 08 Apr, 2025 05:40am

Stocks

Stocks mixed in skittish trading

NEW YORK: Major stock indexes were mixed on Monday in turbulent trading dominated by concerns over US President...

Published 08 Apr, 2025 05:40am

Energy

Oil prices slide 2pc to nearly 4-year low

NEW YORK: Oil prices slid 2% to a nearly four-year low on Monday on worries US President Donald Trump’s latest trade...

Published 08 Apr, 2025 05:40am

The worst market crashes since 1929

PARIS: Monday’s stock market collapses in Asia and Europe after China retaliated to steep US tariffs revived...

Published 08 Apr, 2025 05:40am

PM outlines plan to reform maritime sector

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday outlined the government’s ambitious plans to reform the maritime...

Updated 08 Apr, 2025 09:24am

Rs23bn TSG allowed for immunisation drive

ISLAMABAD: The Economic Coordination Committee (ECC) on Monday approved a technical supplementary grant (TSG)...

Updated 08 Apr, 2025 08:54am

Tariffs: MoC team to visit Washington

Ministry of Commerce seeks proposals from all concerned ministries to devise a joint strategy to deal with US reciprocal trade and tariffs

Updated 08 Apr, 2025 02:29pm

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday, (April 07, 2025)...

Published 08 Apr, 2025 05:40am

Stocks

Asian emerging market stocks set for worst day in 16 years

BENGALURU: Asian emerging market stocks slumped on Monday to head for their worst day in over 16 years, as...

Published 08 Apr, 2025 05:40am

Stocks

Wall St resumes slide after White House denies report of tariff pause

NEW YORK: US stock indexes resumed their slide in late morning trade on Monday as investors retreated for the third...

Published 08 Apr, 2025 05:40am

Stocks

European shares close at over 14-month low as trade war volatility grips markets

FRANKFURT: European shares slumped in a volatile session on Monday, with the STOXX 600 closing at its lowest since...

Published 08 Apr, 2025 05:40am

Stocks

HK shares suffer steepest decline since 1997

SHANGHAI: Hong Kong stocks experienced their biggest drop since 1997 on Monday after Beijing fired back at US ...

Published 08 Apr, 2025 05:40am

Stocks

Indian benchmarks log worst session in 10 months

India’s stock benchmarks clocked their worst session in 10 months on Monday as a tariff-fueled selloff intensified...

Published 08 Apr, 2025 05:40am

Stocks

Nikkei sinks to 1-1/2-year low as bank shares tumble

TOKYO: Japan’s Nikkei share average slumped on Monday to the lowest level in 1-1/2 years, with the index of...

Published 08 Apr, 2025 05:40am

Commodities

Japanese rubber futures sink

SINGAPORE: Japanese rubber futures logged their steepest daily drop in over four years on Monday as US President...

Published 08 Apr, 2025 05:40am

Commodities

Copper rebounds after sell-off, other base metals decline

LONDON: London copper prices rose on Monday after a broad sell-off to the lowest level in over 16 months, while most...

Published 08 Apr, 2025 05:40am

Commodities

Gold holds ground amid strong demand

NEW YORK: Gold prices held steady on Monday, bolstered by strong central bank demand and the potential for an early...

Published 08 Apr, 2025 05:40am

Commodities

Malaysian palm oil extends losses

KUALA LUMPUR: Malaysian palm oil futures fell to a 10-week low on Monday, pressured by weaker soyoil and crude oil...

Published 08 Apr, 2025 05:40am

Rates

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 261,190 tonnes of cargo comprising 179,233 tonnes of import cargo and 81,957...

Published 08 Apr, 2025 05:40am

Stocks

Sri Lankan shares end lower

COLOMBO: Sri Lankan shares closed lower on Monday, dragged by materials and finance stocks. The CSE All-Share index...

Published 08 Apr, 2025 05:40am

Cotton & Textile

Firm trend on cotton market

LAHORE: The local cotton market remained bearish on Monday with low trading volume. Cotton Analyst Naseem Usman ...

Published 08 Apr, 2025 05:40am

Commodities

Dalian iron ore slides on trade war jitters

SINGAPORE: Iron ore futures prices sank on Monday, dragged lower by tit-for-tat tariffs between the US and top...

Published 08 Apr, 2025 05:40am

Commodities

PMEX daily trading report

KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 92.111 billion...

Published 08 Apr, 2025 05:40am

The Weather

KARACHI: The weather report on Monday (April 07, 2025) and the forecast for Tuesday (April 08, 2025)...

Published 08 Apr, 2025 05:40am

Rates

LME official prices

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

Published 08 Apr, 2025 05:40am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (April 07, 2025). ========================== KIBOR...

Published 08 Apr, 2025 05:40am

Forex

Open market rates of foreign currencies

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

Published 08 Apr, 2025 05:40am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (April 07, 2025)....

Published 08 Apr, 2025 05:40am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (April 07, 2025)...

Published 08 Apr, 2025 05:40am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (April 07, 2025). ======================================= Offset...

Published 08 Apr, 2025 05:40am

France, Egypt, Jordan say Palestinian Authority must head post-war Gaza

CAIRO: The leaders of France, Egypt and Jordan on Monday said the Palestinian Authority must head post-war ...

Published 08 Apr, 2025 05:40am

Industry

Trade delegation to visit UK

KARACHI: Atif Ikram Sheikh, President FPCCI, is leading the Pakistani trade delegation to the United Kingdom to...

Published 08 Apr, 2025 05:40am

NA body meeting: Speaker disappointed over absence of opposition members

ISLAMABAD: National Assembly Speaker Ayaz Sadiq expressed disappointment over the absence of the opposition members...

Published 08 Apr, 2025 05:40am

Industry

SITE body for supplying Thar coal electricity to industry

KARACHI: Ahmed Azeem Alvi, President of SITE Association of Industry Karachi, has suggested to the Prime Minister...

Published 08 Apr, 2025 05:40am

SECP proposes major reforms to expedite issuance of bonus, right shares

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed major reforms to expedite issuance...

Published 08 Apr, 2025 05:40am

Taxes

KTBA concerned at FBR’s HS Codes, UoM requirements

KARACHI: The Karachi Tax Bar Association (KTBA) has formally raised concerns regarding the Federal Board of...

Published 08 Apr, 2025 05:40am

Customs Appellate Tribunal, PHC, SC: FTO directs FBR to release confiscated 170 tolas gold

ISLAMABAD: The intervention of the Federal Tax Ombudsman (FTO) may force the Federal Board of Revenue (FBR) to...

Published 08 Apr, 2025 05:40am

CLB membership: DRAP seeks applications

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has sought applications for the appointment of ...

Published 08 Apr, 2025 05:40am

Africa

16 killed in northwest Nigeria as villagers battle militants

MAIDUGURI (Nigeria): Sixteen people were killed during a clash between local security forces and suspected Lakurawa...

Published 08 Apr, 2025 05:40am

Major garment producer Bangladesh says US buyers halting orders

DHAKA: US buyers have begun halting orders from Bangladesh, the world’s second-biggest garment manufacturer, after...

Published 08 Apr, 2025 05:40am

Trump threatens further 50pc tariffs on China, stacking on earlier rate

WASHINGTON: US President Donald Trump on Monday threatened huge additional tariffs on imports from China if Beijing...

Updated 08 Apr, 2025 07:41am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (April 07, 2025). ==================================== BR...

Published 08 Apr, 2025 05:40am

JI chief demands govt resolve issues facing agri sector

LAHORE: Chief of Jamaat-e-Islami Hafiz Naeem ur Rehman has demanded that the government purchase wheat from farmers...

Published 08 Apr, 2025 05:40am

Starlink licence issue: Govt moves closer to finalising regulatory framework

ISLAMABAD: Starlink’s license remains under review as Pakistan moves closer to finalising a comprehensive...

Published 08 Apr, 2025 05:40am

Canal controversy: Dar advocates consensus-driven solution

ISLAMABAD: Deputy Prime Minister Ishaq Dar on Monday called for a consensus-driven resolution to the contentious...

Published 08 Apr, 2025 05:40am

No judgment has touched Article 175 pertaining to military courts: SC judge

ISLAMABAD: Justice Muhammad Ali Mazhar remarked that no judgment, including the impugned judgment of the Supreme...

Published 08 Apr, 2025 05:40am

Sindh CM orders strict action against businesses dealing in sale and purchase of stolen vehicles

KARACHI: Sindh Chief Minister Syed Murad Ali Shah presiding over a meeting to review law-and-order situation,...

Published 08 Apr, 2025 05:40am

Taxes

Tariff-related concerns: Jam vows support to fruit, juice sector

ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan chaired a meeting with the Fruit Juice Council and leading...

Published 08 Apr, 2025 05:40am

Industry

SECP issues concept paper to reinvigorate Waqf institution

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) is exploring the revival and modernization of...

Published 08 Apr, 2025 05:40am

Taxes

Pressure for choice posting: FBR re-instates suspended officer

ISLAMABAD: The Federal Board of Revenue (FBR) has re-instated a custom official (Secretary FBR), who was suspended...

Published 08 Apr, 2025 05:40am

Stocks

Most Gulf markets slide on fears of global recession

DUBAI: Most stock markets in the Gulf ended lower on Monday, as equities across the world tanked on fears of a ...

Published 08 Apr, 2025 05:40am

Money & Banking

Investors pile into safe-haven currencies

NEW YORK: Investors bought into safe havens such as the dollar, yen and Swiss franc on Monday as concerns about a...

Published 08 Apr, 2025 05:40am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 11	284.65
USD PKR Interbank Buying / Jul 11	284.46
USD to Japanese Yen / Jul 11	147.23
USD to Swiss Franc / Jul 11	0.80
Pound Sterling to USD / Jul 11	1.35
Euro to USD / Jul 11	1.17
UK LIBOR % / Jul 11	4.96

Stock	Volume
S&P 500 / Jul 11	6,259.75
India Sensex / Jul 11	82,500.47
Tokyo Nikkei / Jul 11	39,569.68
Nasdaq / Jul 11	20,585.53
Hang Seng / Jul 11	24,139.57
FTSE 100 / Jul 11	8,941.12
Dow Jones / Jul 11	44,371.51
Germany DAX 30 / Jul 11	24,255.31
France CAC40 / Jul 11	7,829.29

Item	Value
Crude Oil USD/Barrel / Jul 11	68.45
Karachi Cotton PKR/37.32 KG / Jul 11	16,585
Gold 10 Grams PKR / Jul 11	306,069
Gold Spot USD/Ounce / Jul 11	3,355.59
Cotton US¢/pound / Jul 11	67.42
Petrol/Litre / Jul 13	266.79
Diesel/Litre / Jul 13	272.98

Gainers
Losers
Leaders

Stock	Price
First IBL Mod. / Jul 11 First IBL Modaraba(FIBLM)	6.60 ▲ 1 (17.86%)
Premier Insurance / Jul 11 Premier Insurance Limited(PINL)	9.30 ▲ 1 (12.05%)
Pak. P.V.C. / Jul 11 Pakistan PVC Limited(PPVC)	11.39 ▲ 1.04 (10.05%)
Sally Textile / Jul 11 Sally Textile Mills Limited(SLYT)	12.73 ▲ 1.16 (10.03%)
Gammon Pak / Jul 11 Gammon Pakistan Limited(GAMON)	27.57 ▲ 2.51 (10.02%)
J.A.Textile / Jul 11 J.A. Textile Mills Limited(JATM)	32.74 ▲ 2.98 (10.01%)
Ashfaq Textile / Jul 11 Ashfaq Textile Mills Limited(ASHT)	26.51 ▲ 2.41 (10%)
PIA Holding Co.B / Jul 11 PIA Holding Company Limited B(PIAHCLB)	26,152.94 ▲ 2377.54 (10%)
Invest Bank / Jul 11 Invest Capital Investment Bank Limited(ICIBL)	13.64 ▲ 1.24 (10%)
Kohinoor Ind. / Jul 11 Kohinoor Industries Limited(KOIL)	16.28 ▲ 1.48 (10%)

Stock	Price
Trust Mod. / Jul 11 Trust Modaraba(TRSM)	7.72 ▼ -1 (-11.47%)
Beco Steel Ltd / Jul 11 Beco Steel Limited(BECO)	26 ▼ -2.89 (-10%)
Gatron Ind. / Jul 11 Gatron (Industries) Limited(GATI)	167.13 ▼ -18.57 (-10%)
EMCO Industries / Jul 11 Emco Industries Limited(EMCO)	40.59 ▼ -4.16 (-9.3%)
J.K.Spinning / Jul 11 J.K. Spinning Mills Limited(JKSM)	114.45 ▼ -11.22 (-8.93%)
Kohinoor Mills / Jul 11 Kohinoor Mills Limited(KML)	82.71 ▼ -7.5 (-8.31%)
Bannu Woollen / Jul 11 Bannu Woollen Mills Limited(BNWM)	93.89 ▼ -8.46 (-8.27%)
AL-Noor Sugar / Jul 11 Al-Noor Sugar Mills Limited(ALNRS)	89.27 ▼ -7.73 (-7.97%)
Kohat Textile / Jul 11 Kohat Textile Mills Limited(KOHTM)	80.73 ▼ -6.8 (-7.77%)
Tri-Star Mutual / Jul 11 Tri-Star Mutual Fund Limited(TSMF)	9.28 ▼ -0.72 (-7.2%)

Stock	Volume
B.O.Punjab / Jul 11 The Bank of Punjab(BOP)	94,133,007 ▲ 0.08
Aisha Steel Mill / Jul 11 Aisha Steel Mills Limited(ASL)	25,050,249 ▲ 0.44
Kohinoor Spining / Jul 11 Kohinoor Spinning Mills Limited(KOSM)	23,604,546 ▼ -0.2
WorldCall Telecom / Jul 11 Worldcall Telecom Limited(WTL)	22,915,484 ▼ -0.03
Hascol Petrol / Jul 11 Hascol Petroleum Limited(HASCOL)	19,202,510 ▼ -0.09
Azgard Nine / Jul 11 Azgard Nine Limited(ANL)	18,508,847 ▼ -0.35
Dewan Motors / Jul 11 Dewan Farooque Motors Limited(DFML)	18,372,236 ▲ 0.76
Pak Elektron / Jul 11 Pak Elektron Limited(PAEL)	16,414,076 ▲ 1.28
Image Pakistan / Jul 11 Image Pakistan Limited(IMAGE)	15,530,012 ▲ 0.89
Fauji Cement / Jul 11 Fauji Cement Company Limited(FCCL)	14,410,246 ▲ 0.59

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