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Business & Finance

Senate panel questions ‘effectiveness’ of training programmes for FBR officers

Revenue shortfall of Rs384 billion recorded in first half FY25, Standing Committee on Finance and Revenue informed

Updated 30 Jan, 2025 09:17pm

Pakistan

Shaban moon sighted in Pakistan, Shab-e-Barat on Feb 13

The Shaban moon has been sighted in Pakistan, and the first Shaban 1446 Hijri will fall on Friday, January 31, the...

Published 30 Jan, 2025 08:14pm

Pakistan

Pakistan evacuates citizens from conflict-hit Democratic Republic of Congo

The Pakistan Foreign Office confirmed on Thursday that approximately 150 Pakistani nationals were stranded in Goma,...

Published 30 Jan, 2025 07:55pm

Markets

Gulf markets end mixed as investors eye earnings

Stock markets in the Gulf ended mixed on Thursday ahead of more corporate earnings, with the Dubai index ending four...

Published 30 Jan, 2025 07:14pm

Life & Style

Netflix unveils ‘Squid Game’ season 3 premiere date and preview footage

The popular South Korean drama “Squid Game” will return to Netflix on June 27 for a third and final season, the...

Published 30 Jan, 2025 07:09pm

Markets

SBP-held foreign exchange reserves decrease $76mn, now stand at $11.37bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $76 million on a weekly basis,...

Updated 30 Jan, 2025 09:42pm

Markets

Asia rice: Muted demand and rising supply keep Indian, Thai rates steady

Prices of rice shipped from top exporter India were steady at an 18-month low while Thai rates were also unchanged...

Published 30 Jan, 2025 06:33pm

World

Israel delays prisoner release after chaotic hostage handover

CAIRO/JERUSALEM: Hamas handed over three Israelis and five Thai hostages in Gaza on Thursday, but Israel delayed the...

Updated 30 Jan, 2025 08:16pm

World

Dow to cut 1,500 jobs as part of $1bn cost-saving plan after Q4 miss

Dow missed fourth-quarter profit estimates on Thursday, and said it will lay off 1,500 employees as a part of its $1...

Published 30 Jan, 2025 05:52pm

World

India opposition lawmaker arrested on rape charges

A lawmaker from India’s opposition Congress party was arrested on Thursday on charges of rape and assault, news...

Published 30 Jan, 2025 05:45pm

Markets

Gold price per tola surpasses Rs290,000 for first time in Pakistan

Gold prices in Pakistan hit record high on Thursday, in line with their increase in the international rates. In the...

Published 30 Jan, 2025 05:22pm

Markets

State-owned firms lead India’s benchmark indexes higher

India’s benchmark indexes advanced on Thursday, as state-owned companies gained on expectations of a government...

Published 30 Jan, 2025 05:21pm

Markets

Sri Lankan shares close largely unchanged

CSE All-Share index dipped 0.01% to 17,115.21

Published 30 Jan, 2025 05:16pm

Markets

Copper, aluminium edge higher as market awaits tariff details

LONDON: Copper and aluminium prices crept higher on Thursday as investors waited to see whether U.S. President...

Published 30 Jan, 2025 05:14pm

Life & Style

What to watch this February: ‘The Greatest Rivalry: India vs Pakistan’

The long and dreary month of January has come to an end, ushering in a new calendar of films and television series...

Updated 30 Jan, 2025 05:17pm

Pakistan

‘It takes two to tango’: govt still ready to hold talks with PTI, says PM Shehbaz

Blames Pakistan Tehreek-e-Insaf for failure in talks

Updated 30 Jan, 2025 07:24pm

Markets

Sterling treads water as markets look to Bank of England

LONDON: The pound was little changed on Thursday as markets were focused on a raft of major central bank meetings...

Published 30 Jan, 2025 03:59pm

Markets

Kenyan shilling flat on lull in foreign exchange demand

The shilling traded at 129.00/129.50 per dollar

Published 30 Jan, 2025 03:55pm

Markets

Shell annual profit drops to $16bn as oil prices fall

LONDON: British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil...

Published 30 Jan, 2025 03:52pm

World

Iran says ready for nuclear talks if West is ‘serious’

TEHRAN: Iran is ready to discuss its nuclear programme if Western countries show they are “serious”, the foreign...

Published 30 Jan, 2025 03:50pm

World

Dubai airport sees record 92.3 million passengers in 2024

DUBAI: A record 92.3 million passengers travelled through Dubai’s international airport last year, its operator said...

Published 30 Jan, 2025 03:00pm

Life & Style

Beatles’ Grammy nod spotlights music industry’s AI debates

This is the group's fifth chance in the category

Published 30 Jan, 2025 02:52pm

Business & Finance

Bank Alfalah reports Rs39.9bn profit in 2024

Bank Alfalah saw its consolidated profit jump to Rs39.9 billion during 2024, which is over 10% higher than its...

Updated 30 Jan, 2025 05:20pm

Markets

Gold in tight range with focus on Trump policies, inflation data

Gold traded in a relatively narrow price range on Thursday as investors focused on US President Donald Trump’s...

Published 30 Jan, 2025 01:41pm

World

India IT minister praises DeepSeek’s low-cost AI, compares it with own investment approach

India’s IT minister has praised Chinese startup DeepSeek for shaking up the sector with its low-cost AI assistant,...

Published 30 Jan, 2025 01:36pm

Business & Finance

IMF’s managing director to visit Ethiopia for talks with authorities

NAIROBI: International Monetary Fund Managing Director Kristalina Georgieva will visit Ethiopia next week for talks...

Published 30 Jan, 2025 01:31pm

Business & Finance

Policy measures successfully curbing inflation: Finance Division

The Finance Division has said that policy interventions and administrative actions have successfully controlled...

Updated 30 Jan, 2025 04:45pm

Business & Finance

ECB to cut rates again, keep door open to further easing

FRANKFURT: The European Central Bank is all but certain to cut interest rates on Thursday and is likely to keep open...

Published 30 Jan, 2025 12:56pm

World

‘We’re all having to catch up’: NATO scrambles for drones that can survive the Arctic

COPENHAGEN: In 2023, Mads Petersen, owner of Greenland-based startup Arctic Unmanned, sat in a car to keep warm...

Published 30 Jan, 2025 12:51pm

Pakistan

Six terrorists killed in North Waziristan IBO: ISPR

Two soldiers also martyred

Updated 30 Jan, 2025 06:05pm

Business & Finance

Brazil central bank hikes rates by 100 bps, confirms same in March

BRASILIA: Brazil’s central bank raised its benchmark interest rate by 100 basis points for the second straight...

Published 30 Jan, 2025 12:28pm

Business & Finance

India’s Tata Motors hits 14-month low as Q3 results spark demand concerns for JLR

Indian carmaker Tata Motors’ shares plummeted about 9% to a 14-month low on Thursday, after its third-quarter...

Published 30 Jan, 2025 12:23pm

Business & Finance

Wizz Air cuts annual profit forecast on rising costs

European low-cost airline Wizz Air cut its annual net income forecast for the second time in six months on Thursday,...

Published 30 Jan, 2025 12:20pm

Sports

Sri Lanka lose quick three after Australia declare on 654-6

GALLE: Australia had Sri Lanka three down after opener Usman Khawaja’s first double century and a ton on debut by...

Updated 30 Jan, 2025 07:01pm

Markets

Court approves Bank Makramah’s Rs10bn settlement with Omni Group

In a significant breakthrough for Bank Makramah Limited (BML), a court has accepted a settlement application for the...

Updated 30 Jan, 2025 06:07pm

Business & Finance

Bank of England readies rate cut and could hint at more to come

The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect...

Published 30 Jan, 2025 11:59am

Markets

Rupee registers marginal decline against US dollar

Currency settles at 278.97 against greenback in inter-bank market

Updated 30 Jan, 2025 10:24pm

Technology

Telecom giant Nokia says net profit rose 89% in 2024

HELSINKI: Finnish telecommunications equipment giant Nokia reported on Thursday an 89 percent rise in net profit for...

Published 30 Jan, 2025 11:48am

Business & Finance

Sanofi meets estimates for fourth-quarter profit, plans 5 billion euros in buybacks

French drugmaker Sanofi reported a fourth-quarter profit that came in-line with analysts’ estimates on Thursday, and...

Published 30 Jan, 2025 11:43am

Business & Finance

Deutsche Bank posts weaker-than-expected profit and ditches 2025 cost target

FRANKFURT: Deutsche Bank on Thursday posted a bigger-than-expected drop in fourth quarter and 2024 full-year profit...

Published 30 Jan, 2025 11:41am

Sports

No. 1 seed Anna Kalinskaya advances in Singapore

Top seed Anna Kalinskaya of Russia had to battle in the second set before eliminating Switzerland’s Simona Waltert...

Published 30 Jan, 2025 11:35am

Sports

Man City’s Kelly demands move ahead of women’s Euros

MANCHESTER: England winger Chloe Kelly wants a move away from Manchester City as she seeks to play her way into...

Published 30 Jan, 2025 11:33am

Sports

Sydney to host another World Cup final in 2027

SYDNEY: Sydney will host the 2027 Rugby World Cup final, 24 years after England upset the Wallabies at the harbour...

Published 30 Jan, 2025 11:30am

Sports

Arteta impressed with Arsenal teenager Nwaneri after win at Girona

Arsenal manager Mikel Arteta heaped praise on midfielder Ethan Nwaneri after the 17-year-old produced another fine...

Published 30 Jan, 2025 11:25am

Business & Finance

ABB boosted by data centre demand during fourth quarter

ZURICH: ABB said it was seeing strong demand for electrical products used by data centres needed for artificial...

Published 30 Jan, 2025 11:20am

World

Three soldiers were on board US Army BlackHawk helicopter involved in collision, official says

WASHINGTON: Three U.S. Army soldiers were onboard a BlackHawk helicopter that collided with a passenger jet near...

Published 30 Jan, 2025 11:17am

World

Theft and violence in UK retail soar to record levels, survey shows

LONDON: Theft and violence against retail workers in Britain soared to record levels last year and are “out of...

Published 30 Jan, 2025 11:10am

Business & Finance

Import surge seen curbing US economic growth in fourth quarter

WASHINGTON: U.S. economic growth likely slowed in the fourth quarter as imports surged and a strike at Boeing hurt...

Published 30 Jan, 2025 11:02am

Business & Finance

Caixabank’s fourth quarter net profit rises 33% on higher fees

MADRID: Spain’s Caixabank said on Thursday its net profit rose 33% in the fourth quarter from the same period in...

Published 30 Jan, 2025 10:58am

Business & Finance

Toyota sells 10.8 million vehicles in 2024 to remain world’s top-selling automaker

TOKYO: Toyota Motor sold 10.8 million vehicles in 2024, it said on Thursday, remaining the world’s top-selling...

Published 30 Jan, 2025 10:55am

Business & Finance

Philippines Q4 GDP grows 5.2% y/y, below expectations

MANILA: The Philippine economy expanded an annual 5.2% in fourth quarter from a year earlier, official data showed...

Published 30 Jan, 2025 10:50am

Markets

Australia, NZ dollars remain hostage to rate and tariff risks

SYDNEY: The Australian and New Zealand dollars found a sliver of support on Thursday after three straight sessions...

Published 30 Jan, 2025 10:48am

Markets

Commodity, tech lead Australian shares higher

Australian shares inched higher on Thursday, led by gains in commodity and technology stocks, while the US Federal...

Published 30 Jan, 2025 10:46am

Markets

Japan’s Nikkei rises as chip-related shares gain on Advantest’s forecast

TOKYO: Japan’s Nikkei share average inched higher on Thursday, as investors snapped up chip-related shares after...

Published 30 Jan, 2025 10:45am

Markets

Aluminium firms after EU proposes ban on imports from Russia

London aluminium edged higher on Thursday after the European Union proposed banning imports of the metal from Russia...

Published 30 Jan, 2025 10:43am

Markets

India bond yields seen little changed with focus on central bank debt buy

MUMBAI: Indian government bonds are expected trade largely unchanged in early Thursday deals, after the Federal...

Published 30 Jan, 2025 10:40am

Markets

KSE-100 snaps 3-session losing run, gains over 1,700 points on strong buying

Buying returned to the Pakistan Stock Exchange (PSX) after three negative sessions as its benchmark KSE-100 Index...

Updated 30 Jan, 2025 07:32pm

World

More than 60 feared dead in Washington after jet hits helicopter, crashes into river

WASHINGTON: More than 60 people were feared dead after an American Airlines regional passenger jet collided with a...

Updated 30 Jan, 2025 09:44pm

BR Research

LSM: Still reeling

“Meanwhile, the decline in industrial sector growth in Q1-FY25 moderated relative to last year, “said the State Bank...

Published 30 Jan, 2025 09:28am

BR Research

APL 1HFY25: Earnings decline amid market shifts

Attock Petroleum Limited (PSX: APL) announced its financial performance for 1HFY25 recently, and the company...

Published 30 Jan, 2025 09:25am

BR Research

Crescent Steel and Allied Products Limited

Crescent Steel and Allied Products Limited (PSX: CSAP) was incorporated in Pakistan as a public limited company in...

Published 30 Jan, 2025 09:07am

Markets

Indian shares set to open flat as traders assess Fed decision

India’s benchmark indexes are set for a muted open on Thursday, likely to track subdued Asian peers, after the U.S....

Published 30 Jan, 2025 08:30am

World

Japan, US planning meeting between PM Ishiba and President Trump on Feb 7, Asahi reports

TOKYO: Japan and the United States are in the final stage of planning for a meeting between Prime Minister Shigeru...

Published 30 Jan, 2025 08:27am

World

India orders probe into Kumbh festival stampede that killed dozens

PRAYAGRAJ: Indian authorities have ordered a probe into the stampede at the Maha Kumbh Mela Hindu festival that...

Published 30 Jan, 2025 08:24am

Markets

Pressure on Indian rupee to linger after Fed signals no hurry to cut rates

MUMBAI: The Indian rupee is likely to stay on the defensive on Thursday, after the U.S. Federal Reserve expectedly...

Published 30 Jan, 2025 08:20am

Technology

Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world

Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology...

Published 30 Jan, 2025 08:17am

Business & Finance

Nissan cuts shifts, offers employee buyouts at 3 US plants in bid to shed jobs

TOKYO: Japan’s Nissan Motor is offering buyouts to workers and cutting back shifts at three U.S. factories, a...

Published 30 Jan, 2025 08:13am

Technology

Microsoft shares slide as cloud forecast, AI spending disappoint

Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5%...

Published 30 Jan, 2025 08:11am

Business & Finance

Tesla commits to cheaper cars in first half, sees autonomous vehicles ‘in the wild’ in June

Tesla said it was on track to roll out new, cheaper electric vehicle models in the first half of 2025 and would...

Published 30 Jan, 2025 08:08am

Technology

SoftBank in talks to invest up to $25 billion into OpenAI, FT reports

SoftBank is in talks to invest up to $25 billion into ChatGPT owner OpenAI and become the AI firm’s largest...

Published 30 Jan, 2025 08:04am

Markets

Dollar set to pounce on euro if ECB offers dovish guidance

SYDNEY: Dollar bulls were ready to pounce on the euro on Thursday should the European Central Bank sound dovish on...

Published 30 Jan, 2025 08:01am

Markets

Oil dips, focus on Trump tariff threats vs Canada, Mexico

LONDON: Oil prices slipped for a second day on Thursday after U.S. crude stockpiles rose more than expected, though...

Updated 30 Jan, 2025 05:23pm

Markets

Asia stocks mixed, dollar steady as traders consider Fed rate pause

TOKYO: Asian share markets were mixed in thin trading on Thursday as much of the region was on holiday for the Lunar...

Published 30 Jan, 2025 07:55am

World

Trump says US will detain migrants in Guantanamo

WASHINGTON: US President Donald Trump said Wednesday he planned to detain “criminal illegal aliens” at the...

Published 30 Jan, 2025 07:51am

Pakistan

PTI to hold public gathering at Minar-e-Pakistan

LAHORE: To observe ‘black day’, the Pakistan Tehreek-e-Insaf (PTI) has decided to hold a public gathering at...

Published 30 Jan, 2025 07:49am

Pakistan

Maryam to establish ‘Punjab Special Planning Authority’

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif presided over a special meeting regarding housing societies in...

Published 30 Jan, 2025 07:43am

Pakistan

Punjab governor for reconsidering PECA Act

LAHORE: Governor Punjab Sardar Saleem Haider Khan said on Wednesday that the government should reconsider the PECA...

Published 30 Jan, 2025 07:42am

Pakistan

‘Lahore Shopping Festival’ begins on 31st

LAHORE: The Lahore Shopping Festival is set to be start at Lahore Expo Center from January 31st to February 2nd. The...

Published 30 Jan, 2025 07:40am

Pakistan

SDSB at LUMS focuses on successful turnaround of JazzCash

LAHORE: Continuing its efforts towards academia-industry collaboration, the Suleman Dawood School of Business (SDSB)...

Published 30 Jan, 2025 07:39am

Pakistan

Horse & Cattle Show to start on Feb 8

LAHORE: The opening ceremony of the Horse and Cattle Show at Fortress Stadium will take place on February 9 while...

Published 30 Jan, 2025 07:36am

Pakistan

CM for expeditious work on Ring Road project

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif made a surprise visit to the Rawalpindi Ring Road project and...

Published 30 Jan, 2025 07:31am

Pakistan

Rehabilitation of sewerage system: DDWP approves three major schemes of WASA

FAISALABAD: Divisional Development Working Party has approved three major schemes of WASA for rehabilitation of...

Published 30 Jan, 2025 07:30am

Pakistan

CM Punjab condoles death of Saudi Prince

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif expressed deep sorrow and grief over the death of Saudi Prince R E...

Published 30 Jan, 2025 07:28am

Pakistan

Sindh Assembly: opposition raises Sanghar firing issue

KARACHI: Opposition criticised the Sindh government on Wednesday over its handling of ‘Sanghar tragedy’, as the...

Published 30 Jan, 2025 07:26am

Pakistan

10 leading Turkish varsities feature in ‘Turkish University Fair’

ISLAMABAD: Pak-Turk Maarif International Schools and Colleges, in collaboration with the Turkish Maarif Foundation...

Published 30 Jan, 2025 07:22am

Pakistan

GHQ attack case: ATC rejects acquittal pleas of 3 more accused

RAWALPINDI: The Anti-Terrorism Court (ATC) hearing the General Headquarters (GHQ) attack case against Pakistan...

Published 30 Jan, 2025 07:17am

Pakistan

Ex-bank CEO joins PPP

LAHORE: Rao Babar Jamil, a prominent economist and former CEO of United Bank Limited in Doha, Qatar, has joined the...