News Archives for Print - 2025-01-07

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Print - 2025-01-07

Trump asks court to delay hush money sentencing

WASHINGTON: US President-elect Donald Trump on Monday urged a judge to delay the sentencing set for Friday in his ...

Published 07 Jan, 2025 08:31am

Europe

European leaders hit back in Musk meddling row

LONDON: European leaders expressed growing frustration with tech billionaire Elon Musk on Monday, as a major row...

Published 07 Jan, 2025 08:29am

NA body not happy with performance of PPAF

ISLAMABAD: The National Assembly Standing Committee on Poverty Alleviation and Social Safety on Monday while...

Published 07 Jan, 2025 08:24am

Wapda chief orders early completion of Mohmand Dam

LAHORE: Wapda Chairman Engr Lt Gen Sajjad Ghani (r) has directed project management for early completion of Mohmand...

Published 07 Jan, 2025 08:21am

AK holds Seerat-un-Nabi (PBUH) events for orphans

KARACHI: Alkhidmat Karachi recently hosted a series of storytelling and character-building competitions themed ...

Published 07 Jan, 2025 08:19am

Industry

TDAP engages Deputy HC of BD for enhancing bilateral trade

KARACHI: Sheryar Taj, Secretary TDAP, called on the Deputy High Commissioner of Bangladesh in Karachi, S. M. ...

Published 07 Jan, 2025 08:18am

MENA

Dubai’s inclusion in Global Power City Index a ‘clear signal for Pakistani investors’

Dubai was ranked eighth worldwide and first in the Middle East in the Global Power City Index 2024 (GPCI) for the...

Published 07 Jan, 2025 07:37am

N Korea fires missile as Blinken warns of Russia cooperation

SEOUL: North Korea on Monday fired a missile as US Secretary of State Antony Blinken visited South Korea, where he...

Published 07 Jan, 2025 07:32am

White-collar crime as new normal in Pakistan

The pervasive nature of corruption in Pakistan (ranking at 133 out of 180 countries corruption perception index and...

Published 07 Jan, 2025 07:12am

PARTLY FACETIOUS: We watch PTV as the channel that gives us the truth?

“What is your source of news these days?” “I used to watch Western news channels but a few weeks ago a Western...

Published 07 Jan, 2025 07:06am

Letters

Karachi: North Nazimabad’s crumbling streets

Once regarded as one of the city’s most desirable residential areas, North Nazimabad is now facing a severe ...

Published 07 Jan, 2025 07:01am

Europe

Two Baltic Sea telecoms cables repaired after suspected sabotage

HELSINKI: Two telecoms cables connecting Estonia and Finland under the Baltic Sea have been repaired after suspected...

Published 07 Jan, 2025 06:59am

Middle East

WFP condemns Israeli attack on its Gaza convoy

GENEVA: The UN World Food Programme said on Monday that Israeli forces had opened fire on one of its convoys in the...

Published 07 Jan, 2025 06:53am

Europe

France’s Sarkozy on trial over alleged Kadhafi financing pact

PARIS: Former French president Nicolas Sarkozy went on trial Monday charged with accepting illegal campaign ...

Published 07 Jan, 2025 06:49am

Grand operation against land mafia ordered

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has directed a grand operation across the province to reclaim...

Published 07 Jan, 2025 06:37am

Industry

LCCI welcomes visit of UAE President

LAHORE: The Lahore Chamber of Commerce and Industry has termed UAE President Sheikh Mohammed bin Zayed Al Nahyan’s...

Published 07 Jan, 2025 06:37am

Maryam distributes Honhar scholarship cheques

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif attended Honhar Scholarship Programme ceremony held at Bahauddin...

Published 07 Jan, 2025 06:37am

CM announces package for students: ‘Chinese company may establish e-bike manufacturing unit in Punjab’

LAHORE: Announcing a package for students aiming to empower the youth through education and technology, Punjab Chief...

Published 07 Jan, 2025 06:37am

Voting for HBL-PSL ‘Fans’ Choice Awards’ starts

LAHORE: The voting process for the much-awaited ‘HBL-PSL Fans’ Choice Awards’ has started on Monday with the...

Published 07 Jan, 2025 06:37am

Upgraded Gaddafi Stadium to be ready by 25th

LAHORE: The ongoing upgradation of the Gaddafi Stadium will be completed by January 25, Pakistan Cricket Board (PCB)...

Published 07 Jan, 2025 06:37am

Squash: Adnan wins British Junior Open U13 title

LAHORE: Pakistan celebrates an extraordinary moment in squash history as Sohail Adnan, the nation’s rising star,...

Published 07 Jan, 2025 06:36am

Dismissal of senior flight steward: LHC suspends operation of ombudsman’s decision

LAHORE: The Lahore High Court on Monday suspended the operation of a decision by the federal ombudsman regarding the...

Published 07 Jan, 2025 05:55am

The Weather

KARACHI: The weather report on Monday (January 06, 2025) and the forecast for Tuesday (January 07, 2025)...

Published 07 Jan, 2025 05:55am

Europe

Macron urges ‘realistic’ expectations from Ukraine on territory

PARIS: French President Emmanuel Macron called on Ukraine Monday to have “realistic” expectations on territory ...

Published 07 Jan, 2025 05:55am

Africa

Over 30m in need of aid in war-torn Sudan: UN

PORT SUDAN: More than 30 million people, over half of them children, are in need of aid in Sudan after twenty months...

Published 07 Jan, 2025 05:55am

ICMAP releases ‘Economic Outlook’, proposes key priority actions

KARACHI: The Research and Publications Department of the Institute of Cost and Management Accountants of Pakistan...

Updated 07 Jan, 2025 08:48am

‘Green Tractor Scheme’ Punjab govt delivers 3,973 tractors

LAHORE: The Punjab government has delivered 3,973 tractors under the “Punjab Green Tractor Programme” with 9,500...

Published 07 Jan, 2025 05:55am

UET Peshawar hosts ‘Auto Show 2025’

PESHAWAR: The Department of Mechanical Engineering, University of Engineering & Technology Peshawar organized a...

Published 07 Jan, 2025 05:55am

NA panel reviews PSQCA’s performance

ISLAMABAD: The meeting of the National Assembly Standing Committee on Science and Technology was held on Monday ...

Published 07 Jan, 2025 05:55am

KP revenue mobilisation programme: World Bank gives exceptional approval for time extension, restructuring

ISLAMABAD: The World Bank’s country director for Pakistan has provided exceptional approval for the proposed time...

Updated 07 Jan, 2025 08:45am

Ex-CJP Khawaja contests SC’s fine verdict

ISLAMABAD: Former chief justice of Pakistan (CJP) Jawad S Khawaja challenged the apex court’s verdict to impose Rs...

Published 07 Jan, 2025 05:55am

Two police officers martyred in Lakki Marwat

PESHAWAR: Two police officers were martyred in a terrorist attack in Khyber Pakhtunkhwa’s Lakki Marwat district....

Published 07 Jan, 2025 05:55am

Parliamentary body informed: Sewage being directly discharged into Rawal Dam

ISLAMABAD: A parliamentary committee was informed on Monday that untreated sewage from Bani Gala is being discharged...

Published 07 Jan, 2025 05:55am

Afghan embassy says concerned at ‘detention of 800 nationals’

ISLAMABAD: The Embassy of Afghanistan in Pakistan on Monday expressed its deep concern over the recent detention of...

Published 07 Jan, 2025 05:55am

US to end curbs on Indian N-entities to boost energy ties

NEW DELHI: The US government is in the process of removing restrictions on Indian nuclear entities, National ...

Published 07 Jan, 2025 05:55am

WCLA to complete conservation of Bradlaugh Hall

LAHORE: The Walled City of Lahore Authority (WCLA) will complete the conservation of Bradlaugh Hall, a historic...

Published 07 Jan, 2025 05:55am

Pragmatic mutual cooperation good for Pak-US ties: experts

ISLAMABAD: The NUST Institute of Policy Studies (NIPS) organised a keynote address on “Pak-US Relations” by...

Published 07 Jan, 2025 05:55am

Senior official of German embassy found dead

ISLAMABAD: A senior official of the German Embassy on Monday was found dead in his apartment in the Diplomatic...

Published 07 Jan, 2025 05:55am

IK will be released after submitting original receipts: Ahsan Iqbal

KARACHI: Federal Minister for Planning and Development Ahsan Iqbal and Sindh Minister for Planning and Development...

Published 07 Jan, 2025 05:55am

NA panel opposes govt bill aimed at allowing dual nationals to resume their Pak nationality

ISLAMABAD: Majority members of a parliamentary body on Monday strongly opposed a government bill seeking to allow...

Published 07 Jan, 2025 05:55am

Centre, Sindh ‘decide’ to revive PSM jointly

KARACHI: The federal and Sindh governments on Monday decided to revive the Pakistan Steel Mills (PSM) on 700 acres ...

Published 07 Jan, 2025 05:55am

Opposition in Sindh PA raises the alarm about worsening education crisis

KARACHI: The opposition raised alarms in the Sindh Assembly on Monday over the worsening education crisis, warning ...

Published 07 Jan, 2025 05:55am

Aurangzeb spells out challenges of rapid population growth

ISLAMABAD: A delegation of Population Council led by President Dr Rana Hajjeh called on Federal Minister for Finance...

Updated 07 Jan, 2025 08:43am

What ails Kurram?

Kurram Agency has once again been in the news for all the wrong reasons. A series of land dispute/sectarian clashes...

Updated 07 Jan, 2025 07:27am

Rates

Stocks end in the red

KARACHI: Pakistan Stock Exchange on Monday remained under pressure and closed in red zone due to selling as the...

Published 07 Jan, 2025 05:55am

IHC declares Toshakhana-II a case for further probe

ISLAMABAD: The Islamabad High Court (IHC) declared that case of Toshakhana-II is the case of further inquiry. A...

Published 07 Jan, 2025 05:55am

Aleema says IK has rejected rumours of backdoor contacts

ISLAMABAD: The incarcerated Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan, on Monday, rejected the...

Published 07 Jan, 2025 05:55am

26th Amendment: SCBA urged to back full-court hearing demand

ISLAMABAD: Supreme Court Bar Association (SCBA) President Mian Muhammad Rauf Atta has been urged to support the...

Updated 07 Jan, 2025 09:24am

Court directs police to arrest KP CM

ISLAMABAD: A local court on Monday directed police to arrest Khyber Pakhtunkhwa (KP) Chief Minister Ali Amin ...

Published 07 Jan, 2025 05:55am

PPP-PML(N) ‘rift’ widens

ISLAMABAD: Political tensions between Pakistan People’s Party (PPP) and the ruling Pakistan Muslim League-Nawaz...

Published 07 Jan, 2025 05:55am

Review of the IMF programme

This is the appropriate time to review progress on implementation of the reforms committed to the IMF in the new IMF...

Updated 07 Jan, 2025 07:22am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (January 06, 2025). ==================================== BR...

Published 07 Jan, 2025 05:55am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (January 06, 2025). ======================================= Offset...

Published 07 Jan, 2025 05:55am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 06, 2025)....

Published 07 Jan, 2025 05:55am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (January 06, 2025)....

Published 07 Jan, 2025 05:55am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (January 06, 2025). ======================== Open Bid ...

Published 07 Jan, 2025 05:55am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (January 06, 2025). ========================== KIBOR...

Published 07 Jan, 2025 05:55am

Rates

LME official prices

LONDON: The following were Friday official prices. ========================================= ALUMINIUM...

Published 07 Jan, 2025 05:55am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 210,220 tons of cargo comprising 128,516 Tons of import cargo and 81,704 ...

Published 07 Jan, 2025 05:55am

Stocks

Nikkei slips more than 1pc on 1st trading day of 2025

TOKYO: Japan’s Nikkei share average slipped more than 1% on the first trading day of 2025 on Monday as investors...

Published 07 Jan, 2025 05:55am

Stocks

China stocks fall to three-month low

HONG KONG: Chinese stocks extended losses on Monday to three-month lows despite authorities’ efforts to shore up...

Published 07 Jan, 2025 05:55am

Stocks

Europe shares rev up as auto sector jumps

FRANKFURT: European markets closed higher on Monday, as investor optimism was fuelled by a report suggesting that US...

Published 07 Jan, 2025 05:55am

Stocks

Wall St hits one-week high after report of selective Trump tariffs

NEW YORK: Wall Street’s main indexes rose on Monday to one-week highs as optimism around AI boosted semiconductor...

Published 07 Jan, 2025 05:55am

Commodities

PMEX daily trading report

KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 24.565 billion...

Published 07 Jan, 2025 05:55am

Forex

Open market rates of foreign currencies

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

Published 07 Jan, 2025 05:55am

Commodities

Gold prices drop

KARACHI: Gold prices saw a noticeable drop on Monday, reflecting a global market slide, traders said. Gold prices...

Published 07 Jan, 2025 05:55am

Commodities

Gold steadies as higher yields offset soft dollar

NEW YORK: Gold prices held steady on Monday as rising US Treasury yields countered support from a weak US dollar,...

Published 07 Jan, 2025 05:55am

Commodities

Iron ore drops to over one-month low

SINGAPORE: Iron ore futures extended declines to hit their lowest in more than a month on Monday, as hot metal ...

Published 07 Jan, 2025 05:55am

Cotton & Textile

Low trade volume on cotton market

LAHORE: The local cotton market on Monday was tight and the trading volume was low after the publication of the...

Published 07 Jan, 2025 05:55am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday, (January 06, 2025)...

Published 07 Jan, 2025 05:55am

Energy

Oil prices edge up to 12-week high on US winter storm

NEW YORK: Oil prices edged up to a 12-week high on Monday as a winter storm boosted demand for energy to heat US...

Published 07 Jan, 2025 05:55am

Commodities

Cocoa rises on tightening supply

LONDON: Cocoa futures on Monday were boosted by concerns dry weather in West Africa could exacerbate tight supplies,...

Published 07 Jan, 2025 05:55am

Commodities

Japan rubber futures slump to lowest in over a month

SINGAPORE: Japanese rubber futures tumbled to their lowest in more than a month on Monday, as growing trade tensions...

Published 07 Jan, 2025 05:55am

Commodities

Palm slips on poor demand from India

KUALA LUMPUR: Malaysian palm oil futures slipped on Monday, pressured by weak demand from key destination market,...

Published 07 Jan, 2025 05:55am

Energy

US natural gas prices jump 9pc as winter storms boost heating demand

NEW YORK: US natural gas futures soared 9% in volatile trade on Monday as winter storms battered the eastern half of...

Published 07 Jan, 2025 05:55am

Base effect, likely energy price hike: Inflation likely to surge in H2FY25

ISLAMABAD: Inflation has come down sharply, but is expected to remain volatile and increase in the remaining two...

Updated 07 Jan, 2025 03:25pm

Appointment of VCs in 23 KP varsities hit by CM-governor tussle

ISLAMABAD: The National Assembly Subcommittee on Education was told on Monday that appointment of full-time vice...

Updated 07 Jan, 2025 09:20am

Mutual fund ‘Investment Plans’: SECP specifies new requirements

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has further strengthened the regulatory...

Updated 07 Jan, 2025 08:57am

ATIR rejects e-scanned signatures of overseas Pakistani

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) Islamabad has issued an order against an overseas Pakistani...

Updated 07 Jan, 2025 09:25am

Trade remains suspended due to KKH blockade

KHAPLU, (Gilgit Baltistan): The main highway connecting Pakistan to China in the mountainous Gilgit Baltistan (GB)...

Published 07 Jan, 2025 05:55am

Tax evasion: FBR seeks data from different countries

ISLAMABAD: The Federal Board of Revenue (FBR) has processed 30 requests received from international tax...

Updated 07 Jan, 2025 08:54am

Commodities

Copper jumps as dollar drops on report of limits on US tariffs

LONDON: Copper prices jumped on Monday as the dollar fell after a report said US President-elect Donald Trump’s...

Published 07 Jan, 2025 05:55am

Taxes

PITB begins process for e-auction of vehicle numbers

LAHORE: The Punjab Information Technology Board (PITB), in collaboration with the Punjab Excise and Taxation...

Published 07 Jan, 2025 05:55am

Debt stocks hit Rs70.37trn mark by Nov-end

KARACHI: The federal government’s total debt stocks reached Rs 70.37 trillion mark by the end of November 2024,...

Updated 07 Jan, 2025 08:56am

Taxes

FTO Lahore resolves 2442 complaints in 2024

LAHORE: The Federal Tax Ombudsman (FTO) Lahore office made significant strides in providing relief to taxpayers in...

Published 07 Jan, 2025 05:55am

Inflation and exports

EDITORIAL: Pakistan Bureau of Statistics (PBS) released two major macroeconomic data that are positive – inflation...

Updated 07 Jan, 2025 07:19am

Financial fallout of internet shutdowns

EDITORIAL: Amidst all the high-sounding goals of the government’s much-touted Uraan Pakistan initiative, the one...

Updated 07 Jan, 2025 07:21am

Money & Banking

Indian rupee hits record low

MUMBAI: The Indian rupee declined to its lifetime low on Monday, hurt by a persistent bearish outlook on the South...

Published 07 Jan, 2025 05:55am

Money & Banking

Dollar falls sharply

NEW YORK: The US dollar was lower on Monday in volatile trading after conflicting reports about how aggressive...

Published 07 Jan, 2025 05:55am

Money & Banking

Asian currencies weaken

BENGALURU: Emerging Asian currencies struggled for momentum against a resilient dollar on Monday, while stock ...

Published 07 Jan, 2025 05:55am

Commodities

Issues directives to the authorities concerned to develop an awareness campaign against illegal migration

Updated 07 Jan, 2025 09:26am

Ramzan Sugar Mills case: Hearing against Shehbaz, Hamza now set for 13th

LAHORE: The proceedings before an anti-corruption court in the Ramzan Sugar Mills case against Prime Minister ...

Updated 07 Jan, 2025 06:47am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 4	282.25
USD PKR Interbank Buying / Jun 4	282
USD to Japanese Yen / Jun 4	144.05
USD to Swiss Franc / Jun 4	0.82
Pound Sterling to USD / Jun 4	1.35
Euro to USD / Jun 4	1.14
UK LIBOR % / Jun 2	4.96

Stock	Volume
S&P 500 / Jun 3	5,970.37
Nasdaq / Jun 3	19,398.96
Dow Jones / Jun 3	42,519.64
India Sensex / Jun 4	80,899.27
Tokyo Nikkei / Jun 4	37,816.48
Hang Seng / Jun 4	23,624.10
FTSE 100 / Jun 4	8,809.42
Germany DAX 30 / Jun 4	24,250.79
France CAC40 / Jun 4	7,817.37

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 3	16,985
Gold 10 Grams PKR / Jun 3	303,583
Crude Oil USD/Barrel / Jun 4	63.26
Gold Spot USD/Ounce / Jun 4	3,354.57
Cotton US¢/pound / Jun 4	65.95
Petrol/Litre / Jun 5	253.63
Diesel/Litre / Jun 5	254.64

Gainers
Losers
Leaders

Stock	Price
Invest Bank / Jun 4 Invest Capital Investment Bank Limited(ICIBL)	3.35 ▲ 1 (42.55%)
First Prudential Mod. / Jun 4 First Prudential Modaraba(PMI)	2.47 ▲ 0.32 (14.88%)
F.Credit & Inv / Jun 4 First Credit and Investment Bank Limited(FCIBL)	8.31 ▲ 1 (13.68%)
Grays Leasing / Jun 4 Grays Leasing Limited(GRYL)	4.98 ▲ 0.48 (10.67%)
Ideal Spinning / Jun 4 Ideal Spinning Mills Limited(IDSM)	14.05 ▲ 1.28 (10.02%)
Nets Internat.Comm. / Jun 4 Nets International Communication Limited(GEMNETS)	19.46 ▲ 1.77 (10.01%)
Shadab Textile / Jun 4 Shadab Textile Mills Limited(SHDT)	56.28 ▲ 5.12 (10.01%)
Dewan Automotive Eng. / Jun 4 Dewan Automotive Engineering Limited(DWAE)	31.31 ▲ 2.85 (10.01%)
Faysal Bank / Jun 4 Faysal Bank Limited(FABL)	59.15 ▲ 5.38 (10.01%)
Sardar Chemical / Jun 4 Sardar Chemical Industries Limited(SARC)	48.35 ▲ 4.4 (10.01%)

Stock	Price
I.C.C. Ind. / Jun 4 ICC Industries Limited(ICCI)	16.29 ▼ -1.81 (-10%)
Khyber Textile / Jun 4 Khyber Textile Mills Limited(KHYT)	3,039.08 ▼ -337.68 (-10%)
LSE Financial Serv. / Jun 4 LSE Financial Services Limited(LSEFSL)	29.34 ▼ -3.26 (-10%)
PIA Holding Co.B / Jun 4 PIA Holding Company Limited B(PIAHCLB)	31,988.90 ▼ -3554.29 (-10%)
Burj Clean Energy Modaraba / Jun 4 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.50 ▼ -0.9 (-9.57%)
First Imrooz Mod. / Jun 4 First Imrooz Modaraba(FIMM)	165.02 ▼ -16.15 (-8.91%)
Bawany Air Products / Jun 4 Bawany Air Products Limited(BAPL)	39.99 ▼ -3.28 (-7.58%)
Diamond Ind. / Jun 4 Diamond Industries Limited(DIIL)	22.11 ▼ -1.69 (-7.1%)
Olympia Mills / Jun 4 Olympia Mills Limited(OML)	42 ▼ -3.12 (-6.91%)
Habib Rice Products / Jun 4 Habib Rice Product Limited(HRPL)	31.98 ▼ -2.22 (-6.49%)

Stock	Volume
Sui South Gas / Jun 4 Sui Southern Gas Company Limited(SSGC)	51,320,121 ▲ 1.95
Fauji Foods Ltd / Jun 4 Fauji Foods Limited(FFL)	51,057,844 ▲ 0.56
K-Electric Ltd. / Jun 4 K-Electric Limited(KEL)	40,362,306 ▲ 0.07
Invest Bank / Jun 4 Invest Capital Investment Bank Limited(ICIBL)	38,259,704 ▲ 1
Faysal Bank / Jun 4 Faysal Bank Limited(FABL)	33,297,850 ▲ 5.38
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	29,159,652 ▲ 0.27
National Bank / Jun 4 National Bank of Pakistan(NBP)	23,454,308 ▲ 9.69
Treet Corp / Jun 4 Treet Corporation Limited(TREET)	19,875,454 ▲ 1.98
WorldCall Telecom / Jun 4 Worldcall Telecom Limited(WTL)	17,673,406 ▲ 0
Big Bird Foods / Jun 4 Big Bird Foods Limited(BBFL)	15,192,751 ▲ 1.32

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