News Archives for Print - 2024-01-22

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Print - 2024-01-22

Cotton

Faisalabad Yarn and Fiber Prices

FAISALABAD: Yarn Market Rates on Sunday (January 21, 2024) =========================== 6/S-7/S (COTTON)...

Published 22 Jan, 2024 05:38am

Barry’s Polo wins Battle Axe Polo Cup title

LAHORE: Raja Mikaeel Sami showcased extraordinary skill, guiding Barry’s Polo to a remarkable 10-8 title triumph...

Published 22 Jan, 2024 05:38am

Several injured in attack on PTI, PPP election offices in Karachi

KARACHI: Tensions soared in Karachi as the Pakistan People’s Party (PPP) and Pakistan Tehreek-e-Insaf (PTI) ...

Published 22 Jan, 2024 05:38am

Economic challenges: Ateeq underlines broad-based reforms

KARACHI: Our Economic Frame Work faces serious challenges which need to be redressed by broad based reforms. There...

Published 22 Jan, 2024 05:38am

JI announces its ‘Manshoor-e-Karachi’

KARACHI: Jamaat-e-Islami (JI) Karachi Ameer Engr Hafiz Naeemur Rehman on Sunday announces the election manifesto...

Published 22 Jan, 2024 05:38am

Dry spell, lack of snowfall causing negative impact on fisheries: expert

PESHAWAR: The dry spell and no snowfall on mountains are bearing negative impact on the fisheries sector and will...

Published 22 Jan, 2024 05:38am

Unity Foods receives top award

KARACHI: Unity Foods was honored as the top Importer of Edible Oil in Pakistan for the year 2023 during the 6th...

Published 22 Jan, 2024 05:38am

Biden challenger Phillips calls president ‘weak’

NASHUA: US Representative Dean Phillips, attempting a longshot bid for the Democratic nomination, assailed Joe Biden...

Published 22 Jan, 2024 05:38am

Middle East

Hamas says Oct 7 attacks ‘necessary step’, admits ‘faults’

GAZA STRIP: Palestinian militant group Hamas said Sunday its October 7 attacks in southern Israel were a ...

Published 22 Jan, 2024 05:38am

South Asia

India plans to fence off Myanmar frontier

NEW DELHI: India plans to erect a fence along its vast and porous frontier with Myanmar and will scrap a free...

Published 22 Jan, 2024 05:38am

Strike on busy market kills 25 in Russian-held Donetsk

MOSCOW: A strike on a crowded market in the Russian-occupied city of Donetsk in eastern Ukraine left at least 25...

Published 22 Jan, 2024 05:38am

Community yoga centre opened inside park

LAHORE: The Parks and Horticulture Authority (PHA) of Lahore opened a community yoga centre at Gilani Park...

Published 22 Jan, 2024 05:38am

U-19 Cricket World Cup: Saad Baig says team will earn top honour

LAHORE: Pakistan U-19 skipper Saad Baig, who hails from Karachi, is hopeful of leading his team to glory in the U-19...

Published 22 Jan, 2024 05:38am

NA 119: PTI ticket-holder withdraws in favour of Maryam

LAHORE: In a big breakthrough, Pakistan Tehreek-e-Insaaf leader and a ticket holder from Lahore’s NA-119, Mehr...

Published 22 Jan, 2024 05:38am

Minister says Baloch protesters are ‘security risk’

QUETTA: Calling families of Baloch missing persons presently holding a sit-in in Islamabad a “security risk,”...

Published 22 Jan, 2024 05:38am

The Weather

KARACHI: The weather report on Sunday (January 21, 2024) and the forecast for Monday (January 22, 2024)....

Published 22 Jan, 2024 05:38am

Rates

Another positive week

KARACHI: The rupee posted another positive week as it appreciated Re0.46 or 0.16% against the US dollar in the...

Published 22 Jan, 2024 05:37am

Sindh seeks Centre’s help to keep crucial M6 project afloat

KARACHI: The Sindh Government has sought personal attention of Caretaker Prime Minister Anwaar-ul-Haq Kakar towards...

Published 22 Jan, 2024 05:37am

USAID-ERDA inks 35 grant agreements in KP

PESHAWAR: USAID’s Economic Recovery and Development Activity (USAID-ERDA) takes a crucial step for strengthening...

Published 22 Jan, 2024 05:37am

ECP starts process of issuing notices, fines against candidates

ISLAMAABD: The Election Commission of Pakistan (ECP) has started the process of issuing notices and fines against...

Published 22 Jan, 2024 05:37am

Work on three KP ITZs to cost Rs12.3bn

PESHAWAR: Work on three Integrated Tourism Zones (ITZs) including 480 Kanal Ghanol (Mansehra), 754 Kanal Mankial...

Published 22 Jan, 2024 05:37am

Biosafety rules: ‘Amendments aimed to align with international standards’

ISLAMABAD: The Ministry of Nation Food Security and Research on Sunday said that the proposed amendments in...

Published 22 Jan, 2024 05:37am

MQM-P pledges to end gas loadshedding in Karachi

KARACHI: Muttahida Qaumi Movement-Pakistan leader Farooq Sattar pledged that MQM-P will end the gas load shedding in...

Published 22 Jan, 2024 05:37am

Joint training of Pak Army, Royal Saudi Land Forces starts: ISPR

RAWALPINDI: The joint military training of the Pakistan Army and Royal Saudi Land Forces organized by the Multan...

Published 22 Jan, 2024 05:37am

17500 polling stations highly sensitive

ISLAMABAD: The Election Commission of Pakistan (ECP) has categorised over 17,500 polling stations as highly...

Published 22 Jan, 2024 05:37am

Ballot paper printing in full swing

ISLAMABAD: Printing of 260 million watermarked ballot papers for the coming general elections on February 8 is in...

Published 22 Jan, 2024 05:37am

Deadline for submitting postal ballot paper pleas ends today

ISLAMABAD: Monday (today) is the last day for submitting postal ballot paper applications to the Election Commission...

Published 22 Jan, 2024 05:37am

PIDE to unveil ‘reform manifesto’ today

ISLAMABAD: In a momentous stride towards national transformation, the Pakistan Institute of Development Economics...

Published 22 Jan, 2024 05:37am

Alvi directs banks to refund Rs2.74m to fraud victims

ISLAMABAD: President Dr Arif Alvi has asked the Banking Mohtasib to take up the matter of banking frauds with the...

Published 22 Jan, 2024 05:37am

Peshawar: elections likely to be tough for ANP, other parties

PESHAWAR: The ANP stalwart Haji Ghulam Ahmad Bilour is going to contest for the National Assembly seat for 11th time...

Published 22 Jan, 2024 05:37am

Sanaullah says optimistic about PML-N’s prospects

FAISALABAD: Former federal interior minister and Pakistan Muslim League-Nawaz (PML-N) Punjab president Rana ...

Published 22 Jan, 2024 05:37am

Maryam steps up PML-N’s election drive

LAHORE: Pakistan Muslim League-Nawaz (PML-N) Chief Organiser Maryam Nawaz said on Sunday that her party will bag ...

Published 22 Jan, 2024 05:37am

Residential plots: Punjab CM announces quota for ‘newsroom journalists’

LAHORE: Punjab Caretaker Chief Minister Mohsin Naqvi has announced granting residential plots to reporters,...

Published 22 Jan, 2024 05:37am

LESCO detects 429 power pilferers

LAHORE: The Lahore Electric Supply Company (LESCO) detected a total of 429 connections from where consumers were...

Published 22 Jan, 2024 05:37am

IPP promises agri reforms

KHANEWAL: President Istehkam-e-Pakistan (IPP) Abdul Aleem Khan has said the his party after being elected would...

Published 22 Jan, 2024 05:37am

ANP unveils list of candidates for NA, PA seats

PESHAWAR: Awami National Party has announced candidates for national and provincial seats for the Feb 8 elections in...

Published 22 Jan, 2024 05:37am

PDP underscores need for improving education system

KARACHI: Regretting that a large number of students failed in matriculation examination, Pasban Democratic Party...

Published 22 Jan, 2024 05:37am

NA-1 Chitral: fierce contest between PML-N, JUI-F candidates likely

PESHAWAR: Six major political parties have fielded their candidates on National Assembly constituency NA-1 Chitral...

Published 22 Jan, 2024 05:37am

NH&MP IG visits South Zone

KARACHI: Inspector General National Highways and Motorway Police Salman Chaudhry visited the South Zone after taking...

Published 22 Jan, 2024 05:37am

Drive launched to cover open manholes

KARACHI: Mayor Karachi and Chairman Karachi Water and Sewerage Corporation (KWSC) Barrister Murtaza Wahab took...

Published 22 Jan, 2024 05:37am

‘It is a tale told by an idiot…’

Data collection and its dissemination is an exercise impacting on politics the world over; however, the capacity of...

Published 22 Jan, 2024 05:37am

Electronic cigarettes and devices: Menace spreading at warp speed

The health implications of electronic cigarettes, often referred to as e-cigarettes or vapes, have been the focus of...

Published 22 Jan, 2024 05:37am

Letters

Bilawal needs to work harder

Pakistan People’s Party (PPP) chairman Bilawal Bhutto Zardari appears to have started making waves. Organising an...

Published 22 Jan, 2024 05:37am

IPO Summit 2024

The following is the full text of the speech of MD and CEO, Pakistan Stock Exchange Farrukh H. Khan that he made at...

Published 22 Jan, 2024 05:37am

Stocks

Wall Street Week Ahead: Maligned US real estate sector draws buyers eyeing rate cuts

NEW YORK: Falling inflation and expectations of an economic soft landing are buoying hopes for US real estate stocks...

Published 22 Jan, 2024 05:37am

Stocks

Most Gulf bourses rise, Qatar falls

DUBAI: Most stock markets in the Gulf rose on Sunday, partially recovering from a recent retreat triggered by US...

Published 22 Jan, 2024 05:37am

Stocks

UK stocks log weekly losses, bleak retail sales data weighs

LONDON: British equities ended Friday mixed, as gains in non-life insurers stocks were offset by a sell-off in...

Published 22 Jan, 2024 05:37am

Stocks

Sri Lanka shares end lower for ninth straight session

BENGALURU: Sri Lankan shares fell for the ninth consecutive session on Friday, hurt by losses in consumer staples ...

Published 22 Jan, 2024 05:37am

Rates

Automart: car prices in Karachi

Rates in the week ended Sunday January 22, 2023

Published 22 Jan, 2024 05:37am

SIFC orders tax audit of urea cos

A report by caretaker Minister for Power and Petroleum Muhammad Ali says fertiliser companies are making huge profits due to stagnancy in gas prices for the sector

Updated 22 Jan, 2024 10:53am

FIA probing ‘corruption’ in DPP

ISLAMABAD: The Federal Investigation Agency (FIA) is probing top brass of Department of Plant Protection (DPP), an...

Updated 22 Jan, 2024 11:47am

New fixed income tax for retailers on the cards

ISLAMABAD: The federal and provincial governments will launch a fixed income tax scheme (Tajir Doost) for...

Updated 22 Jan, 2024 10:03am

US taking attack on troops at Iraq base ‘extremely seriously’: White House

WASHINGTON: The United States is taking the attack by Iran-backed group on a base hosting US forces in Iraq over the...

Updated 22 Jan, 2024 08:54am

UN condemns Israel for ‘heartbreaking’ killings in Gaza

KAMPALA: United Nations Secretary-General António Guterres on Sunday denounced Israel for the “heartbreaking” deaths...

Updated 22 Jan, 2024 09:07am

KSA yet to respond to deferred oil payment request

ISLAMABAD: Saudi Arabia has reportedly not responded to Pakistan’s request to extend purchase of oil on deferred...

Updated 22 Jan, 2024 10:02am

Rates

PSX remains under severe selling pressure

KARACHI: Pakistan Stock Exchange remained under severe selling pressure during the outgoing week ended on January ...

Published 22 Jan, 2024 05:37am

Rates

Futures spread down 10bps

KARACHI: The futures spread declined by 10bps to 18.11 percent on the last day of the outgoing week. Trading...

Published 22 Jan, 2024 05:37am

Section 214C of ITO 2001: Whole income tax audit selection process not ultra vires to law: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has declared that the whole income tax audit selection process under...

Updated 22 Jan, 2024 10:02am

Israel OKs plan for Gaza tax funds to be held by Norway

OCCUPIED JERUSALEM: Israel’s cabinet approved a plan for frozen tax funds earmarked for the Hamas-run Gaza Strip to...

Updated 22 Jan, 2024 08:54am

Bilawal urges PTI workers to support his party

LAHORE: Chairman Pakistan Peoples Party Bilawal Bhutto Zardari addressing a public gathering of the party in Lahore...

Updated 22 Jan, 2024 08:54am

‘Four survivors’ after Russian jet crashes in Afghan mountains

MOSCOW: Four people survived and two are unaccounted for after a Russian plane crashed in mountainous northeastern...

Updated 22 Jan, 2024 08:55am

Citrus exports reduced to $100m: UAF VC

FAISALABAD: The citrus exports have reduced from $300 million to $100 million that is a matter of grave concern, ...

Published 22 Jan, 2024 05:37am

SIDB, stakeholders join hands to launch e-platform for handicrafts

PESHAWAR: Small Industries Development Board (SIDB) Khyber Pakhtunkhwa has joined hands with various stakeholders to...

Published 22 Jan, 2024 05:37am

Power, gas: business leader voices concerns over circular debts

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

Published 22 Jan, 2024 05:37am

Cotton & Textile

Weekly Cotton Review: Prices stable amid healthy business volumes

KARACHI: The cotton price during previous week remained stable, with an improvement in business volume. ...

Published 22 Jan, 2024 05:37am

Industry

HCSTSI urges govt to provide interest-free loans

HYDERABAD: President Hyderabad Chamber of Small Traders and Small Industry Muhammad Farooq Shaikhani has expressed...

Published 22 Jan, 2024 05:37am

Some good news!

EDITORIAL: On Wednesday, the United Arab Emirates rolled over 2 billion dollar deposits for another year. Last week...

Published 22 Jan, 2024 05:37am

Harassment in tax collection

EDITORIAL: In a very welcome development, the Lahore High Court (LHC) has directed the Federal Board of Revenue ...

Published 22 Jan, 2024 05:37am

Industry

Business community underscores need for long-term policies

ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICCI) Ahsan Zafar Bakhtawari has said that the...

Published 22 Jan, 2024 05:37am

JWG-ICC rejects distorted reporting on CPEC

ISLAMABAD: The 4th meeting of CPEC Joint Working Group on International Cooperation and Coordination (JWG-ICC) was...

Published 22 Jan, 2024 05:37am

Commodities

Prices of daily use items soar in retail market

PESHAWAR: Prices of daily use items, like vegetables, live chicken/meat, sugar, cooking oil/ghee, fruits and others...

Published 22 Jan, 2024 05:37am

Money & Banking

Canadian dollar strengthens against greenback

TORONTO: The Canadian dollar strengthened against its US counterpart on Friday, clawing back much of this week’s...

Published 22 Jan, 2024 05:37am

Money & Banking

Yuan weaken for third week

SHANGHAI: The yuan was flat on Friday, but the Chinese currency was set to weaken against the dollar for a third...

Published 22 Jan, 2024 05:37am

Indian rupee ends higher but snaps two-week winning streak

Money & Banking

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	278.20
USD PKR Interbank Buying / May 9	278
USD to Japanese Yen / May 9	155.57
USD to Swiss Franc / May 9	0.91
Pound Sterling to USD / May 9	1.25
Euro to USD / May 9	1.07

Stock	Volume
S&P 500 / May 8	5187.67
Nasdaq / May 8	16302.76
Dow Jones / May 8	39056.39
India Sensex / May 9	72965.17
Tokyo Nikkei / May 9	38260.75
Hang Seng / May 9	18532.72
FTSE 100 / May 9	8363.71
Germany DAX 30 / May 9	18547.71

Item	Value
Crude Oil USD/Barrel / May 9	79.44
Karachi Cotton PKR/37.32 KG / May 9	19935
Gold 10 Grams PKR / May 9	205075
Gold Spot USD/Ounce / May 9	2318.17
Cotton US¢/pound / May 9	79.20
Petrol/Litre / May 10	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 10 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 10 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 10 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 10 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 10 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 10 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 10 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 10 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 10 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 10 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 10 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 10 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 10 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 10 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 10 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 10 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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