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MOITT

IT conference begins in Doha: Minister unveils Pakistan’s IT potential

ISLAMABAD: In a groundbreaking initiative, the Pakistan-Qatar IT Conference commenced at the JW Marriott Marquis ...

Published 04 Dec, 2023 05:35am

Pakistan

PM approves contract extension of DG (Legal) MoITT

ISLAMABAD: The government has approved one year extension in the contract appointment of Muhammad Ayub, Director...

Published 30 Nov, 2023 04:53am

First-ever IT and ITeS export strategy unveiled

Caretaker Federal Minister for Information Technology and Telecommunications says country has the potential of increasing the exports to $12-15 billion

Updated 24 Nov, 2023 10:11am

DII initiative: ECC allows release of Rs5bn

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed release of Rs 5 billion for one-time...

Updated 17 Nov, 2023 09:47am

Pakistan

Boost in broadband fibre connectivity vital for growth: Minister

ISLAMABAD: Boost in broadband fibre connectivity is vital for economic growth as for every 10 percent increase in...

Published 15 Nov, 2023 06:09am

Pakistan

MoITT to form committee to deal with challenge of cyber threats

ISLAMABAD: A Steering Committee of concerned stakeholders will be constituted for the governance of the digital...

Published 14 Nov, 2023 05:08am

DII project: ECC approves Rs5bn as bridge finance from R&D Fund

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved the release of Rs5 billion as...

Updated 11 Nov, 2023 09:32am

Business & Finance

Visas for KSA: envoy pledges to help facilitate IT firms

ISLAMABAD: Ambassador of the Kingdom of Saudi Arabia to Pakistan Nawaf bin Said Al-Malki on Thursday assured that ...

Published 03 Nov, 2023 06:11am

Business & Finance

Affordable instalment options: Ministry to take step to make smartphones more accessible

ISLAMABAD: Ministry of IT and Telecommunication (MoITT) will issue a policy directive in the next few days to make...

Published 03 Nov, 2023 06:11am

Technology

ECC approves telecom infrastructure- sharing framework

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved first ever Telecom Infrastructure...

Updated 04 Oct, 2023 09:56am

Technology

Auction for 5G spectrum may take more time than expected

ISLAMABAD: The caretaker government has little in hand with respect to fiscal and policy interventions to oblige...

Updated 18 Sep, 2023 08:48am

Broadening tax base: IT ministry to lend a helping hand to FBR

ISLAMABAD: The Ministry of IT and Telecommunication would fully assist the Federal Board of Revenue (FBR) in...

Updated 15 Sep, 2023 08:53am

MoITT not yet ready to launch Starlink internet services

ISLAMABAD: Although Caretaker Prime Minister Anwaar-ul-Haq Kakar has given a go-ahead to the Ministry of Information...

Updated 11 Sep, 2023 09:42am

Kakar gives go-ahead to plan aimed at bringing PayPal, Starlink to Pakistan

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Wednesday approved the Ministry of Information Technology...

Updated 07 Sep, 2023 09:19am

Minister unveils roadmap of ‘$10bn IT exports’

KARACHI: Caretaker Federal Minister for IT and Telecommunication Dr Umar Saif has unveiled a roadmap to achieve the...

Updated 04 Sep, 2023 09:25am

Constraints hampering $15bn export potential of IT sector identified

ISLAMABAD: The Ministry of Information Technology and Telecommunications has identified several constraints...

Updated 21 Aug, 2023 08:31am

Pakistan

IT minister inaugurates ‘Beep Pakistan App’

ISLAMABAD: Federal Minister for IT and Telecommunication Syed Aminul Haque has launched Pakistan’s first-ever...

Published 08 Aug, 2023 06:37am

Cabinet clears much-awaited bill: Up to $2m fine on violation of personal data provisions

ISLAMABAD: A fine which may extend to $2 million or an equivalent amount in Pakistani rupees would be levied on...

Updated 27 Jul, 2023 09:11am

Pakistan

AIC raises questions about ‘Pakistan Draft Data Protection Bill 2023’

ISLAMABAD: The Asia Internet Coalition (AIC) comprising global digital media giants raised several questions on...

Published 24 Jul, 2023 06:11am

Pakistan

Govt launches crackdown on illegal loan apps

ISLAMABAD: The government has initiated a crackdown on illegal loan apps operating in the country, with 43 apps in...

Published 18 Jul, 2023 05:51am

Pakistan

‘National Freelancing Policy’ drafted

ISLAMABAD: The Ministry of Information Technology and Telecommunication has drafted “National Freelancing...

Published 14 Jul, 2023 06:23am

Business & Finance

USF, Ignite: minister approves Rs21.242bn annual budget

ISLAMABAD: Federal Minister for IT and Telecommunication Syed Aminul Haque chaired the Universal Service Fund (USF)...

Published 07 Jul, 2023 05:24am

Budget proposals: PM chairs meeting on IT, telecom sectors

ISLAMABAD: Prime Minister Shehbaz Sharif chaired a high-level meeting on budget proposals regarding IT and telecom...

Updated 07 Jun, 2023 09:07am

Business & Finance

Govt may allocate Rs6bn to 31 IT projects

ISLAMABAD: The government is likely to allocate Rs6 billion for 31 development projects including one new of the...

Published 06 Jun, 2023 05:33am

Personal data protection: Move to effect more amendments delays the bill

Pakistan

Business & Finance

35pc retention of remittances in FCY accounts: SBP to coordinate to help resolve banking matters

ISLAMABAD: The State Bank of Pakistan (SBP) will coordinate to engage commercial bank representatives with the...

Published 13 May, 2023 05:59am

Gainers
Losers
Leaders

Stock	Price
F. Nat.Equities / Dec 4 First National Equities Limited(FNEL)	6.28 ▲ 1.00 (18.94%)
First Elite Cap.Mod / Dec 4 First Elite Capital Modaraba(FECM)	3.25 ▲ 0.50 (18.18%)
Universal Ins. / Dec 4 The Universal Insurance Company Limited(UVIC)	7.15 ▲ 1.00 (16.26%)
Aisha Steel(ConPS) / Dec 4 Aisha Steel(ConPS)(ASLPS)	8 ▲ 0.85 (11.89%)
P.T.C.L. / Dec 4 Pakistan Telecommunication Company Ltd(PTC)	7.93 ▲ 0.76 (10.60%)
HBL Invest Fund / Dec 4 HBL Investment Fund(HIFA)	3.43 ▲ 0.31 (9.94%)
Trust Sec.& Brok. / Dec 4 Trust Securities & Brokerage Limited(TSBL)	11 ▲ 0.94 (9.34%)
Waves Home Appliances / Dec 4 Waves Home Appliances Limited(WHALE)	8.75 ▲ 0.72 (8.97%)
Jubilee Spinning / Dec 4 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	6.94 ▲ 0.54 (8.44%)
Al-Shaheer Corp / Dec 4 Al Shaheer Corporation Limited(ASC)	9.90 ▲ 0.77 (8.43%)

Stock	Price
Asim Textile / Dec 4 Asim Textile Mills Limited(ASTM)	12.70 ▼ -1.03 (-7.50%)
Universal Network (GEM) / Dec 4 Universal Network Systems Limited (GEM)(GEMUNSL)	28.23 ▼ -2.29 (-7.50%)
MithchellsFruit / Dec 4 Mitchells Fruit Farms Limited(MFFL)	243.94 ▼ -19.78 (-7.50%)
Pak Suzuki / Dec 4 Pak Suzuki Motor Company Limited(PSMC)	504.39 ▼ -40.90 (-7.50%)
Janana D Mal / Dec 4 Janana De Malucho Textile Mills Limited(JDMT)	63.82 ▼ -5.17 (-7.49%)
Reliance Ins. / Dec 4 Reliance Insurance Company Limited(RICL)	8.80 ▼ -0.70 (-7.37%)
Pak Gulf Leasing / Dec 4 Pak-Gulf Leasing Company Limited(PGLC)	7.18 ▼ -0.57 (-7.35%)
JS Investments / Dec 4 JS Investments Limited(JSIL)	16.02 ▼ -1.23 (-7.13%)
Masood Textile / Dec 4 Masood Textile Mills Limited(MSOT)	50.20 ▼ -3.80 (-7.04%)
AEL Textile / Dec 4 AEL Textile Limited(AEL)	20 ▼ -1.50 (-6.98%)

Stock	Volume
WorldCall Telecom / Dec 4 Worldcall Telecom Limited(WTL)	57,056,586 ▲ 0.04
Maple Leaf Cement / Dec 4 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▼ -0.61
Fauji Cement / Dec 4 Fauji Cement Company Limited(FCCL)	41,923,500 ▲ 1.29
Pak Elektron / Dec 4 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.07
Fauji Fert Bin / Dec 4 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.14
Oil & Gas Dev. / Dec 4 Oil & Gas Development Company Limited(OGDC)	23,778,132 ▲ 5.13
Pak Petroleum / Dec 4 Pakistan Petroleum Limited(PPL)	23,491,106 ▲ 5.48
Pak Refinery / Dec 4 Pakistan Refinery Limited(PRL)	22,637,629 ▲ 0.38
Hum Network / Dec 4 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.06
P.T.C.L. / Dec 4 Pakistan Telecommunication Company Ltd(PTC)	21,755,000 ▲ 0.76

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	284.75
USD PKR Interbank Buying / Dec 4	284.55
USD to Japanese Yen / Dec 4	146.85
USD to Swiss Franc / Dec 4	0.87
Pound Sterling to USD / Dec 4	1.27
Euro to USD / Dec 4	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 4	4564.76
India Sensex / Dec 4	68587.82
Tokyo Nikkei / Dec 4	33273.12
Nasdaq / Dec 4	14153.30
Hang Seng / Dec 4	16729.01
FTSE 100 / Dec 4	7509.75
Dow Jones / Dec 4	36139.37
Germany DAX 30 / Dec 4	16431.20
France CAC40 / Dec 4	7347.73

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Crude Oil USD/Barrel / Dec 4	78.30
Gold Spot USD/Ounce / Dec 4	2085.16
Cotton US¢/pound / Dec 4	79.44

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