News Archives for Print - 2024-01-13

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Print - 2024-01-13

Sherbano case: Govt mulling filing appeal against SC judgment: AGP

ISLAMABAD: The Attorney General for Pakistan informed the Supreme Court that the federal government is contemplating...

Published 13 Jan, 2024 09:46am

EU to debate sending naval mission

BRUSSELS: EU countries will discuss next week a plan to set up a naval mission to help protect Red Sea shipping...

Published 13 Jan, 2024 05:38am

Middle East

Oman flays US, UK strikes on Yemen

MUSCAT: Oman condemned American and British strikes on targets in rebel-held Yemen on Friday, warning of the risk of...

Published 13 Jan, 2024 05:38am

Middle East

France orders new Rafale jets

PARIS: France has ordered 42 new Rafale fighter jets, Defence Minister Sebastien Lecornu said Friday, with the first...

Published 13 Jan, 2024 05:38am

Rasheed Janmohammed Chief Executive, Pakistan Edible Oil Conference (PEOC)

I would like to welcome all the delegates who are attending our 6th Pakistan Edible Oil Conference (PEOC 2024). It ...

Published 13 Jan, 2024 05:38am

PEOC Pakistan Edible Oil Conference: ATIF IKRAM SHEIKH, President, Federation of Pakistan Chambers of Commerce & Industry (FPCCI)

It is indeed an honor for me to welcome all delegates who are attending the 6th Pakistan Edible Oil Conference ...

Published 13 Jan, 2024 05:38am

Nutritional Aspects of Palm Oil

Tanvir Ahmad Sufi

Published 13 Jan, 2024 05:38am

PEOC – A vehicle for increased recognition of edible oil industry of Pakistan

Farhat Rasheed Janmohammed

Published 13 Jan, 2024 05:38am

Pakistan Oilseed scenario

Muhammad Najib Balagamwala

Published 13 Jan, 2024 05:38am

Starving for the Truth: The GMO Oilseeds Quandary

Shakil Ashfaq

Published 13 Jan, 2024 05:38am

Pakistan Edible Oil Industry: Yesterday, Today and Tomorrow

M. Bashir janmohammed

Published 13 Jan, 2024 05:38am

Syed Anwer Suhail Razvi, Chairman Pakistan Soap Manufacturers Association (PSMA)

Alhamdolillah this gives me great pleasure to express my views on the 6th Pakistan Edible Oil Conference (PEOC) of...

Published 13 Jan, 2024 05:38am

Tariq Ullah Sufi, Chairman Pakistan Edible Oil Refiners Association (PEORA)

On behalf of Pakistan Edible Oil Refiners Association (PEORA), I warmly welcome all the participants, speakers,...

Published 13 Jan, 2024 05:38am

Shahzad Ali Khan, Patron-in-Chief, All Pakistan Solvent Extractors’ Association (APSEA)

The revival of PEOC post the Covid-induced interruption is truly exciting. PEOC's crucial role as a hub for...

Published 13 Jan, 2024 05:38am

Sheikh Abdul Razzak, Chairman Pakistan Vanaspati Manufacturers Association (PVMA)

Pakistan Vanaspati Manufacturers Association (PVMA) was established in 1961 with 7 Members on board then and...

Published 13 Jan, 2024 05:38am

Sale/access of internal corporate data: Kaspersky Digital Footprint Intelligence team uncovers 40,000 dark web posts

ISLAMABAD: Kaspersky Digital Footprint Intelligence team has over the past two years uncovered almost 40,000 dark ...

Published 13 Jan, 2024 05:38am

DRAP seeks feedback to finalise guidelines for hospital pharmacies

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has sought feedback from the public and relevant...

Published 13 Jan, 2024 05:38am

NASTP Silicon project: army chief praises air force for achieving a milestone

ISLAMABAD: General Syed Asim Munir, the Chief graced the inauguration ceremony of the second chapter of the National...

Published 13 Jan, 2024 05:38am

ROs’, ATs’ decisions: IK files two separate petitions in LHC

LAHORE: Former PTI chairman Imran Khan on Friday filed two separate petitions before the Lahore High Court...

Published 13 Jan, 2024 05:38am

LHC reserves verdict on election pleas of three PTI candidates

LAHORE: A full bench of the Lahore High Court (LHC) on Friday reserved its verdict on the petitions of PTI vice...

Published 13 Jan, 2024 05:38am

JI says will hold sit-in against gas load-shedding on 17th

KARACHI: Jamaat-e-Islami (JI) on Friday announced its sit-in protest against the gas load shedding on January 17...

Published 13 Jan, 2024 05:38am

Pakistan, Egypt agree to advance ties in various areas

ISLAMABAD: Pakistan and Egypt have agreed on continued engagement for working together to advance mutually ...

Published 13 Jan, 2024 05:38am

CM launches digital dashboard under KKP Initiative

PESHAWAR: As major step towards good governance in Khyber Pakhtunkhwa, Caretaker Chief Minister Former Justice Syed...

Published 13 Jan, 2024 05:38am

Toshakhana case against IK, wife: hearing adjourned

RAWALPINDI: The Accountability Court, on Friday, adjourned Toshakhana case against Pakistan Tehreek-e-Insaf (PTI)...

Published 13 Jan, 2024 05:38am

Resignation of Justice Ijaz accepted

ISLAMABAD: President Dr Arif Alvi, Friday, accepted the resignation of Supreme Court Judge Justice Ijazul Ahsan who...

Published 13 Jan, 2024 05:38am

Gohar says if PTI kept away from general election ‘world will never accept results’

ISLAMABAD: The chairman Pakistan Tehreek-e-Insaf (PTI) Gohar Ali Khan on Friday warned that if the most popular...

Published 13 Jan, 2024 05:38am

Remand of Fawad Chaudhry extended

ISLAMABAD: The Accountability Court on Friday again extended the physical remand of former federal minister Fawad...

Published 13 Jan, 2024 05:38am

PML-N, IPP reach seat-adjustment deal

LAHORE: Pakistan Muslim League-Nawaz (PML-N) Friday finalised its candidates for district Lahore and awarded party...

Published 13 Jan, 2024 05:38am

Elections: PTI’s list of candidates yet to be finalised

ISLAMABAD: Nearly three dozen tickets are yet to be decided by the former ruling Pakistan Tehreek-e-Insaf (PTI) due...

Published 13 Jan, 2024 05:38am

PARTLY FACETIOUS: The two judges’ exit causes considerable controversy

“The Land of the Pure is perhaps a misnomer.” “Perhaps?” “OK, but those heady days when the Quaid,...

Published 13 Jan, 2024 05:38am

Another resolution seeking poll postponement lands in Senate secretariat

ISLAMABAD: Yet another controversial resolution has landed in the Senate Secretariat, second in a week, this time...

Published 13 Jan, 2024 05:38am

Registration for Bano Qabil pharmacy program begins

KARACHI: Alkhidmat Karachi opens registrations for the aptitude test of its fresh pharmacist program under the Bano...

Published 13 Jan, 2024 05:38am

Poor sanitary conditions at PIC irk CM

LAHORE: Expressing displeasure over poor cleanliness arrangements, marks of dust and stains on tiles and counters...

Published 13 Jan, 2024 05:38am

Plea against acceptance of papers of Nawaz

LAHORE: Pakistan Awami Mahaz chief Ishtiaq Ahmad Chaudhry on Friday approached the Lahore High Court against the...

Published 13 Jan, 2024 05:38am

Navy conducts maiden Exercise Sea Guard

KARACHI: Conduct phase of Pakistan Navy's maiden Exercise Sea Guard is being undertaken from 10-13 January 2024. EX...

Published 13 Jan, 2024 05:38am

National Women’s T20 Tournament from Monday

LAHORE: The six-team National Women’s T20 Tournament 2024 is all set to commence from Monday, (January 15) at ...

Published 13 Jan, 2024 05:38am

Korea donates ambulances, equipment to Rescue-1122

LAHORE: The Ambassador Republic of Korea Park Ki Jun handed over two ambulances and flood rescue equipment to...

Published 13 Jan, 2024 05:38am

IG Sindh urges police to ensure safety of citizens

KARACHI: Inspector General of Police (IGP) Sindh, Riffat Mukhtar Raja, presided over a meeting at the Central Police...

Published 13 Jan, 2024 05:38am

Mirpurkhas Board website launched: CM directs to provide textbooks to students

KARACHI: Caretaker Sindh Chief Minister Former Justice Maqbool Baqar has directed the School Education Department to...

Published 13 Jan, 2024 05:38am

Annual Marigold Festival kicked off

KARACHI: The 3-day annual Marigold Festival was kicked-off by Parks department Karachi Metropolitan Corporation ...

Published 13 Jan, 2024 05:38am

Ramzan Sugar Mills reference: AC adjourns proceedings till Feb 14

LAHORE: An accountability court on Friday adjourned to February 14 the proceedings in Ramzan Sugar Mills reference...

Published 13 Jan, 2024 05:38am

The Weather

KARACHI: The weather report on Friday (January 12, 2024) and the forecast for Saturday (January 13, 2024)...

Published 13 Jan, 2024 05:38am

Disbursement of SBA tranche: Dollar bonds extend rally on IMF approval

Pakistan’s bonds had already rallied sharply in previous session, with all of the issuance rising

Updated 13 Jan, 2024 05:02pm

Rates

PSX witnesses uptick

KARACHI: Pakistan Stock Exchange on Friday opened on a positive note and remained in green for most part of the...

Published 13 Jan, 2024 05:38am

Day 98 of war: Gaza: Dozens die in Israel strikes

GAZA STRIP, Palestinian Territories: Telecommunication services were cut across besieged Gaza Friday, as Israeli...

Updated 13 Jan, 2024 04:59pm

KE expresses its ‘limitation’ towards implementing integration plan

ISLAMABAD: K-Electric has expressed its limitation in implementing the approved integration plan as it is unable to...

Updated 13 Jan, 2024 05:02pm

Side pact with coal-fired IPPs: ECC refuses to extend support to Power Division

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has reportedly refused to extend support to the...

Updated 13 Jan, 2024 05:03pm

9-cent tariff: Govt yet to cross several bridges?

Issues of rationalization of tariff and circular debt stock reduction were recently discussed at a meeting of the Apex Committee of Special Investment Facilitation Council (SIFC)

Updated 13 Jan, 2024 05:01pm

First credit guarantee co launched for SMEs

ISLAMABAD: The government, Friday, launched the first National Credit Guarantee Company Limited (NCGCL) for small...

Updated 13 Jan, 2024 05:04pm

Sherbano case: Govt mulling filing appeal against SC judgment: AGP

ISLAMABAD: The Attorney General for Pakistan informed the Supreme Court that the federal government is contemplating...

Updated 13 Jan, 2024 09:58am

Importance of democracy within political parties highlighted

ISLAMABAD: Chief Justice Qazi Faez Isa said that not only democracy should be in the country, but also in the...

Published 13 Jan, 2024 05:38am

ECP delists 13 political parties

ISLAMABAD: The Election Commission of Pakistan (ECP) has delisted 13 political parties for not conducting...

Updated 13 Jan, 2024 09:02am

KP CNG stations shut due to growing gas shortages

ISLAMABAD: CNG stations running on indigenous gas and imported LNG are facing either a shortage of gas or closure...

Updated 13 Jan, 2024 09:46am

Notices to fish exporters: FTO directs FBR to initiate proceedings against taxmen

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to initiate proceedings...

Updated 13 Jan, 2024 05:04pm

Onion MEP fixed at $1,200 per MT

KARACHI: The federal government on Friday announced fixation of the minimum export price of onion at $1,200 per...

Updated 13 Jan, 2024 09:01am

Commodities

Gold prices inert

KARACHI: Gold prices on Friday stood nearly stagnant but silver was unmoved on the local market, traders said. Gold...

Published 13 Jan, 2024 05:38am

India, Pakistan: 2024 is year of elections

The general elections in Pakistan in February 2024 would soon be followed by the general election in India. Both ...

Published 13 Jan, 2024 05:38am

Fast-changing times

For people who travelled frequently it used to be customary for them to come back with beautiful and sometimes...

Published 13 Jan, 2024 05:38am

Letters

Issues facing customs agents’ community need attention

Karachi Customs Agents Association The Karachi Customs Agents Association serves as the foremost representative ...

Published 13 Jan, 2024 05:38am

Stocks

Wall Street subdued as mixed bank earnings limit inflation data cheer

NEW YORK: Wall Street’s main indexes were subdued after giving up early gains on Friday, as a mixed bag of big ...

Published 13 Jan, 2024 05:38am

Stocks

European shares advance amid increasing rate cut hopes

PARIS: European shares ended higher on Friday as bond yields fell after soft US data spurred hopes of early interest...

Published 13 Jan, 2024 05:38am

Stocks

China, HK stocks end lower on mixed economic data

SHANGHAI: China and Hong Kong stocks finished the week lower on mixed economic data, while the market is expecting a...

Published 13 Jan, 2024 05:38am

Stocks

IT stocks power Indian shares to new highs

BENGALURU: India’s blue-chip indexes hit all-time highs on Friday, and logged weekly gains, led by gains in...

Published 13 Jan, 2024 05:38am

Cotton & Textile

Modest trading on cotton market

LAHORE: The local cotton market on Friday remained easy and the trading volume remained satisfactory. Cotton ...

Published 13 Jan, 2024 05:38am

Energy

KCCI assails govt for hike in gas tariff

KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Iftikhar Ahmed Sheikh has said that the caretaker...

Published 13 Jan, 2024 05:38am

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 13 Jan, 2024 05:38am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (January 12, 2024). ========================== KIBOR...

Published 13 Jan, 2024 05:38am

Forex

Open market rates of foreign currencies

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

Published 13 Jan, 2024 05:38am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (January 12, 2024). ======================== Open Bid ...

Published 13 Jan, 2024 05:38am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (January 12, 2024)....

Published 13 Jan, 2024 05:38am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (January 12, 2024). ==================================== BR...

Published 13 Jan, 2024 05:38am

BlackRock strikes $12.5bn deal for Global Infrastructure Partners

NEW YORK/LONDON: BlackRock said on Friday it would buy Global Infrastructure Partners (GIP) for $12.5 billion in a...

Published 13 Jan, 2024 05:38am

Global economy ‘resilient’ but growing too slowly: IMF

WASHINGTON: Global economic growth will remain “resilient” this year after a stronger-than-expected 2023, the...

Published 13 Jan, 2024 05:38am

SPI inflation rises 1.36 WoW

ISLAMABAD: The weekly inflation Sensitive Price Indicator (SPI) for the current week ended on January 11, 2024...

Published 13 Jan, 2024 05:38am

Tesla’s German factory suspends production

BERLIN: Electric car manufacturer Tesla has announced it is suspending for two weeks the bulk of production at its...

Published 13 Jan, 2024 05:38am

Water: even big dams won’t be of much help

EDITORIAL: It seems no amount or manner of serious warnings can jolt relevant authorities into treating the...

Published 13 Jan, 2024 05:38am

‘Sham election’, ‘guaranteed outcome’

EDITORIAL: It’s unfortunate that a rare year that will see more than 40 general elections across the world –...

Published 13 Jan, 2024 05:38am

PSW launches Russian language helpline

KARACHI: In a strategic move towards advancing international trade facilitation, Pakistan Single Window (PSW) has...

Published 13 Jan, 2024 05:38am

FFC successfully hosts 1st Physical SAP User Group Pakistan event

ISLAMABAD: Fauji Fertilizer Company Limited (FFC) proudly hosted the inaugural Physical SAP User Group Pakistan...

Published 13 Jan, 2024 05:38am

Edible oil industry urged to create joint fund for growing more oilseeds

KARACHI: Renowned businessman and Chairman Westbury Group M Bashir Janmohammed has urged the edible oil industry to...

Published 13 Jan, 2024 05:38am

Money & Banking

Dollar dips after soft US inflation data

NEW YORK: The dollar index gave up earlier gains and higher beta currencies, including the New Zealand and ...

Published 13 Jan, 2024 05:38am

Money & Banking

China’s yuan steady

SHANGHAI: China’s yuan was largely flat on Friday as regulators continued to support the currency amid ...

Published 13 Jan, 2024 05:38am

Indian rupee hits 4-month peak on dollar inflows

Money & Banking

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.78
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 10	5222.68
India Sensex / May 10	72664.47
Tokyo Nikkei / May 10	38229.11
Nasdaq / May 10	16340.87
Hang Seng / May 10	18963.68
FTSE 100 / May 10	8433.76
Dow Jones / May 10	39512.84
Germany DAX 30 / May 10	18772.85

Item	Value
Crude Oil USD/Barrel / May 10	78.26
Gold Spot USD/Ounce / May 10	2360.50
Cotton US¢/pound / May 10	77.31
Karachi Cotton PKR/37.32 KG / May 11	19935
Gold 10 Grams PKR / May 11	208762
Petrol/Litre / May 13	288.49

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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