News Archives for Print - 2022-09-03

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Print - 2022-09-03

Govt taking steps for enhancing SOEs’ governance, transparency

ISLAMABAD: Higher growth, investment, and job creation will crucially depend on addressing long-standing structural...

Published 03 Sep, 2022 04:25am

HBL PSL-8 to run from Feb 2023

LAHORE: The governing council of the HBL Pakistan Super League, which met here at the National High Performance...

Published 03 Sep, 2022 04:25am

BISP: indicative target missed by a wide margin

ISLAMABAD: Pakistan missed by a large margin an indicative target (IT) pertaining to Benazir Income Support ...

Published 03 Sep, 2022 04:25am

Musadik says Imran tried to derail IMF programme

ISLAMABAD: Minister of State for Petroleum, Dr Musadik Malik Friday said the federal and provincial governments are...

Published 03 Sep, 2022 04:25am

PARTLY FACETIOUS

What constitutes real freedom? “You know I would urge those who make the curricula in schools to add another...

Published 03 Sep, 2022 04:25am

NADRA extends CNIC renewal deadlines for flood-affected regions

ISLAMABAD: The National Database and Registration Authority (NADRA) on Friday extended the expiry date for...

Published 03 Sep, 2022 04:25am

Ministry preparing Rs1trn reassessment plan for flood-hit areas, Senate body told

ISLAMABAD: Federal Secretary for Ministry of Planning, Development and Special Initiatives Syed Zafar Ali Shah said...

Published 03 Sep, 2022 04:25am

Transfers, postings in FBR

ISLAMABAD: In a major reshuffling, the Federal Board of Revenue (FBR) has transferred and posted 227 officials ...

Published 03 Sep, 2022 04:25am

Ata Tarar allowed pre-arrest bail till 14th

LAHORE: A sessions’ court on Friday allowed interim pre-arrest bail to Attaullah Tarar; special assistant to prime...

Published 03 Sep, 2022 04:25am

Negligence in rescue & relief works would not be tolerated: Sharjeel

HYDERABAD: Sindh Information Minister Sharjeel Inam Memon has said that PPP Chairman Bilawal Bhutto Zardari and...

Published 03 Sep, 2022 04:25am

Sedition case: Shahbaz Gill moves IHC for post-arrest bail

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Shahbaz Gill on Friday approached the Islamabad High Court (IHC)...

Published 03 Sep, 2022 04:25am

Provision of missing facilities: Rs53m to be spent on 18 schools in Lahore

LAHORE: The Lahore district administration will spend Rs 53 million for the provision of missing facilities in 18...

Published 03 Sep, 2022 04:25am

President urges governments, political parties to pause politics, stress upon relief efforts

ISLAMABAD: President Dr Arif Alvi has called upon all the governments and political parties to pause politics and...

Published 03 Sep, 2022 04:25am

Punjab CM looking after affairs of 12 departments

LAHORE: With 22 provincial ministers, Punjab Chief Minister Chaudhry Pervaiz Elahi is currently looking after the...

Published 03 Sep, 2022 04:25am

PSDF to fund skill trainings for 2400 residents of Tehsil Koh-e-Suleman, DG Khan & de-excluded area of Rajanpur

LAHORE: Punjab Skills Development Fund (PSDF) will impart skills to more than 2400 residents of the DG Khanewal and...

Published 03 Sep, 2022 04:25am

Turkish Ministerial delegation meets PM Shehbaz

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif received Turkish Ministerial delegation on Friday, said Prime...

Published 03 Sep, 2022 04:25am

Hearing of LokVirsa corruption reference adjourned till 14th

ISLAMABAD: The Accountability Court hearing LokVirsa corruption reference against the Pakistan People Party (PPP)...

Published 03 Sep, 2022 04:25am

PN rescues flood survivors in Sindh

KARACHI: Pakistan Navy diving and emergency response teams continued to the rescue and relief operations in flood...

Published 03 Sep, 2022 04:25am

PDWP approves five development schemes costing Rs5.331bn

LAHORE: The Punjab Provincial Development Working Party on Friday approved five development schemes of various...

Published 03 Sep, 2022 04:25am

Ongoing devastating floods: Accord with IMF must be renegotiated as Pakistan direly needs fiscal space: Dr Fahd

LAHORE: Political economist Dr Fahd Ali has suggested that the government should renegotiate its agreement with the...

Published 03 Sep, 2022 04:25am

Countering fake news: Media professionals attend US sponsored workshop

LAHORE: More than 40 established and emerging media professionals from across Pakistan completed a five-day master...

Published 03 Sep, 2022 04:25am

IMF report: Indicative target to BISP missed by wide margin

ISLAMABAD: Pakistan missed by a large margin an indicative target (IT) pertaining to Benazir Income Support ...

Published 03 Sep, 2022 04:25am

IK security: Fawad asks ministry to release expenses’ details

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry on Friday demanded the Interior Ministry to release...

Published 03 Sep, 2022 04:25am

Minorities’ job quota: ED seeks certificates from ministries, Divisions

ISLAMABAD: The Establishment Division has sought certificates from all the ministries/Divisions regarding filling of...

Published 03 Sep, 2022 04:25am

Bilawal talks KSA, UAE counterparts

ISLAMABAD: Foreign Minister Bilawal Bhutto-Zardari on Friday held telephonic conversations with his counterparts ...

Published 03 Sep, 2022 04:25am

Faltering US stocks rally could see volatility-control funds turn sellers

Certain volatility-linked investment strategies could ramp up selling of equities if turbulence in the stock market,...

Published 03 Sep, 2022 04:25am

Market mayhem awaits Britain’s new leader

Liz Truss, on course to become Britain’s prime minister on Monday, looks set to walk straight into a financial...

Published 03 Sep, 2022 04:25am

Fintech sector’s growth shaping Pakistan’s future

Pakistan is ideally positioned for the fintech revolution and investors are eying the significant opportunities in...

Published 03 Sep, 2022 04:25am

Rising electricity tariffs: a fact-sheet

The IMF (International Monetary Fund) conditionalities imposed with the grant of their loan is invariably cited by...

Published 03 Sep, 2022 04:25am

Over 20 trucks dispatched to flood-hit areas of DGK, Rajanpur

FAISALABAD: On the movement of District Administration, as many as 21 trucks cost of 27 million rupees loaded with...

Published 03 Sep, 2022 04:25am

Hamza returns from London

LAHORE: Former Punjab chief minister and Pakistan Muslim League-Nawaz (PML-N) vice-president Hamza Shehbaz has...

Published 03 Sep, 2022 04:25am

Punjab govt committed to rehabilitating each flood-affected person: minister

LAHORE: Punjab Local Government and Community Development Minister Mian Mahmood-ul-Rashid has said that first the...

Published 03 Sep, 2022 04:25am

Bentley Mulsanne stolen from London recovered in Karachi

KARACHI: The Collectorate of Customs Enforcement (CCE), Karachi has recovered a highly expensive vehicle ‘Bentley...

Updated 03 Sep, 2022 11:32am

Various protective dykes now posing threat to some major towns, cities: CM

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that various protective dykes are under pressure posing...

Published 03 Sep, 2022 04:25am

G-B’s Bobar village: PM announces Rs100m for rehabilitation

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday announced Rs 100 million for the rehabilitation of Bobar village...

Published 03 Sep, 2022 04:25am

Ziauddin Hospital sets up medical camp in Thatta

KARACHI: A team of students, doctors and support medical staff from Ziauddin University and Dr Ziauddin Hospitals ...

Published 03 Sep, 2022 04:25am

Hot, humid weather likely

KARACHI: Mainly a hot and humid weather is expected in most plain parts of the country on Saturday, the Met Office...

Published 03 Sep, 2022 04:25am

Two-day salary deduction: Miftah says summary sent to PM

KARACHI: Finance Minister Miftah Ismail on Thursday said in order to support the flood-hit citizens, a summary to...

Published 03 Sep, 2022 04:25am

The Weather

KARACHI: The weather report on Friday (September 02, 2022) and the forecast for Saturday (September 03, 2022)...

Published 03 Sep, 2022 04:25am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on Friday...

Published 03 Sep, 2022 04:25am

Stocks

Last date of renunciation/payment

KARACHI: Last dates of renunciation/payment....

Published 03 Sep, 2022 04:25am

Stocks

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 03 Sep, 2022 04:25am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday (September 02, 2022). ======================== OFFER PRICE...

Published 03 Sep, 2022 04:25am

Rates

Stocks falter on selling spree

KARACHI: Pakistan Stock Exchange Friday witnessed a rangebound session and after moving both ways, closed in ...

Published 03 Sep, 2022 04:25am

British HC, COAS discuss regional security

ISLAMABAD: British High Commissioner to Pakistan Christian Turner called on Army Chief General Qamar Javed Bajwa at...

Updated 03 Sep, 2022 09:41am

OPEC+ to weigh rollover or cut at Sept 5 meeting

LONDON: OPEC+ is likely to keep oil output quotas unchanged for October at a meeting on Monday, three OPEC+ sources...

Updated 03 Sep, 2022 12:38pm

Govt trying to impose ad valorem tax on traders: Miftah

KARACHI: Federal Finance Minister Dr Miftah Ismail Friday said the government is trying to impose ad valorem tax on...

Updated 03 Sep, 2022 09:40am

Domestic consumers: Power tariff adjustments will continue, IMF assured

ISLAMABAD: The government has assured the International Monetary Fund (IMF) that it will continue adjustments in...

Updated 03 Sep, 2022 09:42am

0.2pc of GDP: Plan to achieve paltry primary surplus a welcome step: Fund

ISLAMABAD: The International Monetary Fund (IMF) has termed the authorities' plan to achieve a small primary...

Updated 03 Sep, 2022 09:43am

IMF resets 4 delayed Structural Benchmarks, sets 8 new ones

ISLAMABAD: The International Monetary Fund (IMF) has reset four delayed Structural Benchmarks (SBs) and set eight ...

Updated 03 Sep, 2022 11:08am

External debt to reach $140.9bn: IMF

ISLAMABAD: The International Monetary Fund (IMF) has projected Pakistan’s external debt to reach $140.959 billion...

Updated 03 Sep, 2022 09:43am

EFF entails high fiscal risks: IMF

ISLAMABAD: The Extended Fund Facility (EFF) programme entails high fiscal risks due to the government’s ability to...

Updated 03 Sep, 2022 09:40am

IMF conveniently ignores devastation wrought by floods

Report projects 3.5pc growth against the budgeted 5pc

Updated 03 Sep, 2022 09:44am

Aug trade deficit soars 28.89pc to $3.53bn MoM

ISLAMABAD: Pakistan’s trade deficit widened by 28.89 per cent on a month-on-month basis to $3.53 billion in August...

Updated 03 Sep, 2022 09:41am

PM for restoring communication links, utilities

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Friday directed to speed-up the pace of restoring all the roads...

Published 03 Sep, 2022 04:25am

Aid groups warn of growing plight

ISLAMABAD/KARACHI: Armed forces rescued a further 2,000 people stranded by rising floodwaters, they said on Friday,...

Updated 03 Sep, 2022 09:41am

Weekly SPI soars 45.50pc YoY

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended September 1, 2022, recorded an increase of 45.50...

Updated 03 Sep, 2022 12:37pm

Anti money laundering law: LHC allows taxpayers’ petitions, sets aside FBR notices

LAHORE: The Lahore High Court (LHC) on Friday allowed hundreds of petitions of taxpayers and set aside the impugned...

Updated 03 Sep, 2022 11:23am

Gas prices: govt fails to honour pledge

ISLAMABAD: The federal government has missed its pledge to the International Monetary Fund (IMF) to increase the...

Updated 03 Sep, 2022 11:24am

Surveys, third-party data: Govt commits to registering 0.3m more taxpayers

ISLAMABAD: The government has pledged to register 0.3 million more tax payers with the help of physical surveys and...

Updated 03 Sep, 2022 12:32pm

IMF acknowledges progress on AML/CFT regime

ISLAMABAD: The International Monetary Fund (IMF) has acknowledged Pakistan’s progress on Anti-Money Laundering and...

Published 03 Sep, 2022 04:25am

SC bars politicians from placing nameplates on state land

A two-judge bench,...

Published 03 Sep, 2022 04:25am

President gives assent to Control of Narcotic Substances (Amendment) Bill

ISLAMABAD: President Dr Arif Alvi has assented to the Control of Narcotic Substances (Amendment) Bill, 2022, which...

Published 03 Sep, 2022 04:25am

IMF explains why market-determined exchange rate crucial

ISLAMABAD: A market-determined exchange rate and limited State Bank of Pakistan (SBP) interventions remain crucial ...

Published 03 Sep, 2022 04:25am

Pro-Taliban cleric among 18 dead in Afghanistan mosque blast

KABUL: A blast outside a mosque in the city of Herat in western Afghanistan on Friday killed at least 18 people...

Published 03 Sep, 2022 04:25am

Pakistan crush Hong Kong by 155 runs

SHARJAH: Mohammad Rizwan propelled Pakistan into the Asia Cup Super Four Stage after their bowlers skittled out...

Published 03 Sep, 2022 04:25am

India unveils first homemade aircraft carrier

KOCHI: India debuted its first locally made aircraft carrier on Friday, a milestone in government efforts to reduce...

Published 03 Sep, 2022 04:25am

Energy

PM told: 406 electricity supply feeders affected across country

ISLAMABAD: Prime Minister Shehbaz Sharif was informed that 406 electricity supply feeders were affected across the...

Published 03 Sep, 2022 04:25am

Energy

CTGI offers to set up 830MW solar power plant in Muzaffargarh

ISLAMABAD: Chinese company, Three Gorges South Asia Investment Ltd (CTGI) has offered the government to set up 830 ...

Published 03 Sep, 2022 04:25am

The honourable thing to do

EDITORIAL: PTI Chairman Imran Khan seems to have been misled by ignorant and foolhardy partymen and friends when he...

Published 03 Sep, 2022 04:25am

IMF report: some glaring omissions

EDITORIAL: During the early hours of Friday, Pakistan time, the International Monetary Fund (IMF) released its...

Published 03 Sep, 2022 04:25am

Energy

DSM: Punjab govt’s decision will lead to power generation cost increase

LAHORE: The Punjab government’s decision to abandon Demand Side Management (DSM) will lead to increase the cost of...

Published 03 Sep, 2022 04:25am

Aug cement despatches decline 23.98pc to 3.296m tons YoY

LAHORE: Massive reduction in cement demand due to economic instability and day-by-day increasing energy costs ...

Updated 03 Sep, 2022 12:34pm

Energy

Aug oil sales up 6pc MoM due to low base effect

KARACHI: Pakistan oil sales in August 2022 witnessed increase of 6 percent on Month-on-Month (MoM) basis at 1.5...

Updated 03 Sep, 2022 12:38pm

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (September 02, 2022). ========================s Open ...

Published 03 Sep, 2022 04:25am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (September 02, 2022)....

Published 03 Sep, 2022 04:25am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (September 02, 2022)....

Published 03 Sep, 2022 04:25am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (September 02, 2022). ==================================== BR...

Published 03 Sep, 2022 04:25am

Rates

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....

Published 03 Sep, 2022 04:25am

Rates

Dividend/Bonus Announcements

KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange....

Published 03 Sep, 2022 04:25am

Rates

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....

Published 03 Sep, 2022 04:25am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday (September 02, 2022). ======================== OFFER PRICE...

Published 03 Sep, 2022 04:25am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday (September 02, 2022). ======================== OFFER PRICE...

Published 03 Sep, 2022 04:25am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday (September 02, 2022). ======================== OFFER PRICE...

Published 03 Sep, 2022 04:25am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Friday (September 02, 2022). ======================== OFFER PRICE...

Published 03 Sep, 2022 04:25am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (September 02, 2022). ======================== OFFER PRICE ...

Published 03 Sep, 2022 04:25am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday (September 02, 2022). ======================== OFFER PRICE...

Published 03 Sep, 2022 04:25am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday (September 02, 2022). ======================== OFFER PRICE...

Published 03 Sep, 2022 04:25am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday (September 02, 2022). ======================== OFFER PRICE...

Published 03 Sep, 2022 04:25am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday (September 02, 2022). ======================== OFFER PRICE...

Published 03 Sep, 2022 04:25am

IMF urges bilateral creditors to maintain exposure to Pakistan

ISLAMABAD: The International Monetary Fund (IMF) has urged all key bilateral creditors to maintain their exposure to...

Updated 03 Sep, 2022 12:31pm

Industry

RPO lauds business community for relief activities

FAISALABAD: Regional Police is trying its optimum best to give best possible results within the limited manpower and...

Published 03 Sep, 2022 04:25am

PL on petrol hiked Rs7.50 more than pledge to IMF

ISLAMABAD: The government had pledged to the International Monetary Fund (IMF) to increase petroleum levy on petrol...

Updated 03 Sep, 2022 12:21pm

Industry

ASF seeks KCCI’s assistance for setting up industrial zone at M9

KARACHI: Director General Airport Security Force (ASF) and Managing Director of ASF Foundation Major General Abid...

Published 03 Sep, 2022 04:25am

Industry

VC Conference to take place later this month: Consortium for collaboration with industrial sector to be formed

LAHORE: Announcing to form a consortium for collaboration with the industrial sector, Punjab Governor Muhammad...

Published 03 Sep, 2022 04:25am

Taxes

Punjab govt records 33pc growth in sales tax on services during August

LAHORE: The Punjab government has collected Rs13.45 billion on account of sales tax on services during August 2022 ...

Published 03 Sep, 2022 04:25am

Industry

FPCCI chief says business community mulling going on strike

KARACHI: FPCCI president Irfan Iqbal Sheikh has categorically informed the government that the business, industry ...

Published 03 Sep, 2022 04:25am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	278.33
USD PKR Interbank Buying / May 13	278.13
USD to Japanese Yen / May 13	155.86
USD to Swiss Franc / May 13	0.91
Pound Sterling to USD / May 13	1.25
Euro to USD / May 13	1.08

Stock	Volume
S&P 500 / May 10	5222.68
Nasdaq / May 10	16340.87
Dow Jones / May 10	39512.84
India Sensex / May 13	72058.22
Tokyo Nikkei / May 13	38179.46
Hang Seng / May 13	19101.30
FTSE 100 / May 13	8440.89
Germany DAX 30 / May 13	18764.87

Item	Value
Karachi Cotton PKR/37.32 KG / May 11	19935
Gold 10 Grams PKR / May 11	208762
Petrol/Litre / May 13	288.49
Crude Oil USD/Barrel / May 13	78.49
Gold Spot USD/Ounce / May 13	2349.25
Diesel/Litre / May 13	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 13 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 13 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 13 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 13 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 13 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 13 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 13 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 13 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 13 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 13 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 13 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 13 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 13 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 13 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 13 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 13 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 13 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 13 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 13 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 13 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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