News Archives for Print - 2023-07-15

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Print - 2023-07-15

165m people fell into poverty in 3 years of crisis: UN

UNITED NATIONS: The Covid-19 pandemic, the cost-of-living crisis and the war in Ukraine have pushed 165 million...

Published 15 Jul, 2023 06:08am

Muslims see common personal laws as interference in religion: Modi sparks political storm with pitch for civil code

NEW DELHI: Nine months before a general election, Indian Prime Minister Narendra Modi and his Hindu nationalist...

Published 15 Jul, 2023 06:08am

Visa process for Afghans: Corruption has raised eyebrows from NA panel

ISLAMABAD: A parliamentary panel on Friday once again raised serious concerns over the lack of transparency and...

Published 15 Jul, 2023 06:08am

Foundation-stone of NUTECH campus laid: Promoting technical education key to success: PM

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif laid the foundation stone of the main campus of the National...

Published 15 Jul, 2023 06:08am

Ruling coalition: there’s lack of clarity regarding NA dissolution date

ISLAMABAD: Confusion persists among political parties comprising the ruling coalition government about the date of...

Published 15 Jul, 2023 06:08am

Hearing of Toshakhana case against IK adjourned till 17th

ISLAMABAD: The District and Sessions Court, on Friday, adjourned the hearing of Toshakhana case against Pakistan...

Published 15 Jul, 2023 06:08am

Sahi’s bail extended till 18th

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

Published 15 Jul, 2023 06:08am

Minister advocates promotion of religious tourism

ISLAMABAD: Minister of State and Prime Minister’s Task Force on Gandhara Tourism Chairman Dr Ramesh Kumar Vankwani...

Published 15 Jul, 2023 06:08am

Sana says PML-N to field candidates across Punjab

LAHORE: Announcing that the Pakistan Muslim League-Nawaz (PML-N) will field its candidates in all constituencies of...

Published 15 Jul, 2023 06:08am

French National Day: Alvi extends felicitations to Macron

ISLAMABAD: President Dr Arif Alvi has extended warmest felicitations on behalf of the people of Pakistan and on his...

Published 15 Jul, 2023 06:08am

‘Bribery-smuggling network’: senior customs officials booked

KARACHI: Anti-Corruption Circle (ACC) of the Federal Investigation Agency (FIA) Karachi has nominated three...

Published 15 Jul, 2023 06:08am

APNS condoles death

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

Published 15 Jul, 2023 06:08am

Mayor for providing better water supply, drainage facility

KARACHI: Mayor Karachi Barrister Murtaza Wahab on Friday said that he is making all out efforts to resolve problems...

Published 15 Jul, 2023 06:08am

Monsoon season: business community leader speaks about challenges

KARACHI: Chairman of National Business Group Pakistan, and President Pakistan Businessmen and Intellectuals Forum,...

Published 15 Jul, 2023 06:08am

CM visits flood-hit villages in Kasur

LAHORE: India’s water aggression has resulted in the release of 70,700 cusecs of water at the Ganda Singhwala...

Published 15 Jul, 2023 06:08am

Woman raped at hiking trail of Margalla Hills

ISLAMABAD: A man allegedly raped a woman at a hiking trail of Margalla Hills in the limits of Kohsar police ...

Published 15 Jul, 2023 06:08am

Sutlej River returning to normal flow in Kasur

KASUR: Sutlej River is coming back to normal flow at Ganda Singh Wala in Kasur district with water flow continuously...

Published 15 Jul, 2023 06:08am

PRGMEA signs MoU with LUMS, GC University

LAHORE: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has inked a Memorandum of...

Published 15 Jul, 2023 06:08am

MQM-P nominates Rana Ansar opposition leader in Sindh PA

KARACHI: The coordination committee of the Muttahida Qaumi Movement-Pakistan (MQM-P) has nominated its women...

Published 15 Jul, 2023 06:08am

LG by-poll on vacant seats on August 27 in KP

PESHAWAR: The provincial Election Commission said on Friday that the local government by-poll on vacant seats of...

Published 15 Jul, 2023 06:08am

Governor for empowering women

LAHORE: Punjab Governor Balighur Rehman said on Friday that no country can progress without empowering the women....

Published 15 Jul, 2023 06:08am

Sitting MPs should elect new president, suggests GDA

KARACHI: The Grand Democratic Alliance (GDA) on Friday during the Sindh Assembly session demanded that the sitting...

Published 15 Jul, 2023 06:08am

CJP highlights the enormity of population growth challenge

ISLAMABAD: Chief Justice of Pakistan Justice Umar Ata Bandial emphasized the need for a comprehensive strategy to...

Published 15 Jul, 2023 06:08am

The Weather

KARACHI: The weather report on Friday (July 14, 2023) and the forecast for Saturday (July 15, 2023)...

Published 15 Jul, 2023 06:08am

Rates

Stock market rangebound

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

Published 15 Jul, 2023 06:08am

SC to take up Musharraf’s plea against PHC verdict on 20th

ISLAMABAD: The Supreme Court will take up former army chief the late General Pervez Musharraf’s appeal against the...

Published 15 Jul, 2023 06:08am

Euphoria must not give way to despair

The nation is in a state of euphoria since it successfully clinched an International Monetary Fund’s (IMF’s) $3...

Updated 15 Jul, 2023 06:31am

Letters

Pakistan and IMF

This is apropos an exclusive Business Recorder news item carried by the newspaper on its front page yesterday....

Published 15 Jul, 2023 06:08am

PARTLY FACETIOUS: Slow fires they say smoulder for a long time

“There is an urgent need to table and approve a new law by parliament within 24 hours… I mean no delays and...

Published 15 Jul, 2023 06:08am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (July 14, 2023). ======================== Open Bid Rs...

Published 15 Jul, 2023 06:08am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (July 14, 2023)....

Published 15 Jul, 2023 06:08am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (July 14, 2023)....

Published 15 Jul, 2023 06:08am

Rates

Cross Transactions between Client to Client & Financial Institutions

KARACHI: The following were the cross transactions between client to client & financial institutions here on...

Published 15 Jul, 2023 06:08am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Friday (July 14, 2023)....

Published 15 Jul, 2023 06:08am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 15 Jul, 2023 06:08am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (July 14, 2023). ==================================== BR...

Published 15 Jul, 2023 06:08am

Rates

BOARD MEETINGS

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

Published 15 Jul, 2023 06:08am

Stocks

Last date of renunciation/payment

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

Published 15 Jul, 2023 06:08am

Rates

Proposed right issues

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

Published 15 Jul, 2023 06:08am

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 15 Jul, 2023 06:08am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday (July 14, 2023). ======================== OFFER PRICE...

Published 15 Jul, 2023 06:08am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday (July 14, 2023). ======================== OFFER PRICE...

Published 15 Jul, 2023 06:08am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday (July 14, 2023). ======================== OFFER PRICE 1,553.6245...

Published 15 Jul, 2023 06:08am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Friday (July 14, 2023). ======================== OFFER PRICE 1,111.4628...

Published 15 Jul, 2023 06:08am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (July 14, 2023). ======================== OFFER PRICE 1,569.6193 BID...

Published 15 Jul, 2023 06:08am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday (July 14, 2023). ======================== OFFER PRICE...

Published 15 Jul, 2023 06:08am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday (July 14, 2023). ======================== OFFER PRICE 1,769.8895...

Published 15 Jul, 2023 06:08am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday (July 14, 2023). ======================== OFFER PRICE 540.5307...

Published 15 Jul, 2023 06:08am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday (July 14, 2023). ======================== OFFER PRICE 459.8314...

Published 15 Jul, 2023 06:08am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday (July 14, 2023). ======================== OFFER PRICE 2,418.0677...

Published 15 Jul, 2023 06:08am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Friday (July 14, 2023). ======================== Offer Price 622.6585...

Published 15 Jul, 2023 06:08am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Friday (July 14, 2023). ======================== Offer Price ...

Published 15 Jul, 2023 06:08am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Friday (July 14, 2023). ======================== Offer Price...

Published 15 Jul, 2023 06:08am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Friday (July 14, 2023). ======================== Offer Price ...

Published 15 Jul, 2023 06:08am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Friday (July 14, 2023). ======================== Offer Price 1,833.7485...

Published 15 Jul, 2023 06:08am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Friday (July 14, 2023). ======================== Offer Price 1,349.8797 Bid...

Published 15 Jul, 2023 06:08am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Friday (July 14, 2023). ======================== Offer...

Published 15 Jul, 2023 06:08am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Friday (July 14, 2023). ======================== Offer...

Published 15 Jul, 2023 06:08am

Economic stability: SBA to anchor govt’s instant efforts: IMF

ISLAMABAD: Resolving Pakistan’s structural challenges will likely require continued reforms over the medium term to...

Updated 15 Jul, 2023 05:17pm

PM reassures IMF chief: Govt won’t tolerate iota of violation of deal

Prime Minister Shehbaz Sharif holds telephonic conversation with MD IMF Kristalina Georgieva

Updated 15 Jul, 2023 02:24pm

Base power tariff hiked by Rs4.96

ISLAMABAD: The federal government on Friday increased base tariff of electricity by Rs 4.96 per unit from July 1,...

Updated 15 Jul, 2023 09:30am

FCA for May: Rs1.45/unit positive adjustment in KE tariff approved

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved the positive adjustment of Rs1.45...

Updated 15 Jul, 2023 09:08am

PM lays foundation of N-power plant

LAHORE: Prime Minister Muhammad Shehbaz Sharif Friday broke ground of the 1,200 MW Chashma Nuclear Power Plant...

Published 15 Jul, 2023 06:08am

Pakistan, Argentina bonds’ surge belies bigger reform hurdles

LONDON: Investors have piled back into bonds in Pakistan and Argentina following cash infusions and optimism over...

Updated 15 Jul, 2023 09:53am

SPI inflation up 0.33pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI)-based inflation for the week ended July 13, 2023, increased by 0.33...

Published 15 Jul, 2023 06:08am

3 PHC addl judges: President approves extension of tenure

ISLAMABAD: President Dr Arif Alvi has approved the extension of the tenure of three additional judges of Peshawar...

Updated 15 Jul, 2023 09:20am

‘Pakistan Land Port Authority’: ‘Final’ approval blocked by minister

ISLAMABAD: Commerce Minister Syed Naveed Qamar is said to have blocked final approval of Pakistan Land Port...

Updated 15 Jul, 2023 09:49am

TTP safe havens in Afghanistan: COAS voices anger, vows firm action

ISLAMABAD: Chief of Army Staff (COAS) General Syed Asim Munir visited Quetta Garrison on Friday where he was briefed...

Updated 15 Jul, 2023 09:00am

Army chief reaches Tehran

RAWALPINDI: Chief of Army Staff (COAS) General Asim Munir arrived in Tehran on a two-day official visit on Friday....

Updated 15 Jul, 2023 08:48am

Sovereign Wealth Fund: Govt finalises draft law

ISLAMABAD: The government has finalised the draft law for the establishment of Pakistan Sovereign Wealth Fund for...

Updated 15 Jul, 2023 09:19am

Transshipment of banned spare parts to Kabul allowed

ISLAMABAD: The Federal Cabinet has granted permission for transshipment of 40 feet container of banned spare parts...

Updated 15 Jul, 2023 09:29am

Publication on banking sector released: ‘Financial inclusion remains a challenge’

KARACHI: The financial inclusion remains a challenge for Pakistan with lower financial, women and rural inclusion...

Published 15 Jul, 2023 06:08am

FBR amends export facilitation scheme-2021

ISLAMABAD: The exporters would now be required to submit details of the export performance for the last 2-3 years...

Published 15 Jul, 2023 06:08am

Energy

Sindh has reservations on Nepra Act changes: minister

KARACHI: Sindh Energy Minister Imtiaz Shaikh on Friday expressed his reservations over the proposed amendments in ...

Published 15 Jul, 2023 06:08am

TCP directed to immediately start purchasing cotton

LAHORE: Secretary Agriculture Punjab Iftikhar Ali Sahoo reiterated on Friday that the federal government has issued...

Published 15 Jul, 2023 06:08am

KP govt delegation to participate in Kabul investment conference

PESHAWAR: A high-level delegation consisting of the officials from various subsidiaries of the Department of...

Published 15 Jul, 2023 06:08am

Taxes

Khyber Tobacco asks FBR to implement T&T system ‘flawlessly’

ISLAMABAD: A leading national tobacco manufacturer has asked the Federal Board of Revenue (FBR) to implement the...

Published 15 Jul, 2023 06:08am

PAC chairman for lifting ban on opening new petrol pumps

ISLAMABAD: The Public Accounts Committee (PAC) Chairman, Noor Alam Khan on Friday reiterated that the committee’s...

Published 15 Jul, 2023 06:08am

Taxes

FBR chairman holds E-Khuli Kachehri

ISLAMABAD: In line with the government’s vision and as part of FBR’s drive to facilitate taxpayers, Chairman...

Published 15 Jul, 2023 06:08am

Energy

Load-shedding: KE says 71pc of Karachi exempt

KARACHI: Following a periodic assessment of the network, 71% of the megacity remains exempt from load shed under the...

Published 15 Jul, 2023 06:08am

Withdrawal of RCET has hit national export drive: APTPMA

LAHORE: Withdrawal of Regionally Competitive Energy Price (RCET) on energy tariff (gas and electricity) to export...

Published 15 Jul, 2023 06:08am

Industry

Ghana envoy urges businessmen to step into JVs

LAHORE: Ambassador of Ghana Eric Owusu Boateng has invited the Pakistani business community to step into joint...

Published 15 Jul, 2023 06:08am

Taxes

FY24-FY26: Punjab plans to boost property tax collection thru mobilisation strategy

LAHORE: The Punjab government was planning to reform the property tax system to make it more transparent, ...

Published 15 Jul, 2023 06:08am

Industry

Insurance cos accused of denying death claims on ‘flimsy’ pretext

LAHORE: The insurance companies are involved in denying death claims on the pretext that the policy was obtained...

Published 15 Jul, 2023 06:08am

Industry

Punjab bans storing over 200,000 maunds of wheat: PFMA

LAHORE: The Pakistan Flour Mills Association (PFMA) has alleged that the provincial food department has banned...

Published 15 Jul, 2023 06:08am

PRL launches REUP to boost refining capabilities, urges policy support

KARACHI: Pakistan Refinery Limited (PRL) is embarking on an ambitious project to enhance and modernize its refining...

Published 15 Jul, 2023 06:08am

Energy

Jhang Circle: Establishment of four new sub divisions, complaint office, grid station announced

FAISALABAD: Chairman FESCO/WAPDA Malik Tahsin Awan has announced the establishment of four new Sub Divisions,...

Published 15 Jul, 2023 06:08am

Pakistan as an export hub

EDITORIAL: Planning Minister Ahsan Iqbal’s claim that the government was striving to turn Pakistan into an export...

Published 15 Jul, 2023 06:08am

Human trafficking in 21st century

As if the problem of human trafficking and people smuggling was already not bad enough, authorities must now also...

Published 15 Jul, 2023 06:08am

Commodities

Gold prices surge

KARACHI: Gold prices on Friday saw a huge surge on the local market, traders said. They mounted by Rs6500 to...

Published 15 Jul, 2023 06:08am

Companies

Fly Jinnah launches new route connecting Quetta to Islamabad

KARACHI: Fly Jinnah, Pakistan’s leading low-cost airline, on Friday announced the launch of a new route between...

Published 15 Jul, 2023 06:08am

Uplift work on crucial Dhabeji SEZ to begin today

KARACHI: Uplift work on the crucial China-Pak Economic Corridor (CPEC) project in Sindh, Dhabeji Special Economic...

Published 15 Jul, 2023 06:08am

Companies

SEED Ventures inaugurates sustainability platform

KARACHI: SEED Ventures inaugurated their sustainability platform “What’s the Alternative” on Friday. EcoSummit...

Published 15 Jul, 2023 06:08am

Companies

Emirates mark 25 years of successful operations in Peshawar

KARACHI: Emirates has marked 25 years of successful operations in Peshawar, Pakistan’s sixth largest city. Since...

Published 15 Jul, 2023 06:08am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 14	278.27
USD PKR Interbank Buying / May 14	278.07
USD to Japanese Yen / May 14	156.42
USD to Swiss Franc / May 14	0.91
Pound Sterling to USD / May 14	1.26
Euro to USD / May 14	1.08

Stock	Volume
S&P 500 / May 13	5221.42
Nasdaq / May 13	16388.24
Dow Jones / May 13	39431.51
India Sensex / May 14	72853.85
Tokyo Nikkei / May 14	38227.19
Hang Seng / May 14	19120.21
FTSE 100 / May 14	8427.64
Germany DAX 30 / May 14	18697.64

Item	Value
Karachi Cotton PKR/37.32 KG / May 13	19935
Crude Oil USD/Barrel / May 14	79.23
Gold 10 Grams PKR / May 14	207733
Gold Spot USD/Ounce / May 14	2344.20
Cotton US¢/pound / May 14	77.55
Petrol/Litre / May 15	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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