World China revises up 2023 GDP, sees little impact on 2024 growth BEIJING: China revised upwards on Thursday the size of its economy by 2.7%, but said the change would have little... Published 27 Dec, 2024 06:27am
World Turkey lowers interest rate to 47.5pc ISTANBUL: Turkey’s central bank lowered its key interest rate on Thursday, the first cut in nearly two years as it... Published 27 Dec, 2024 06:27am
World Syria authorities launch operation in Assad stronghold DAMASCUS: Syria’s new authorities launched an operation in a stronghold of ousted president Bashar al-Assad on... Published 27 Dec, 2024 06:27am
World Membership of UK’s anti-immigration Reform party overtakes Conservatives LONDON: Membership of Britain’s upstart anti-immigration Reform UK party has overtaken that of the centre right... Published 27 Dec, 2024 06:27am
World Record number of migrants lost at sea bound for Spain in 2024: NGO MADRID: At least 10,457 migrants died or disappeared while trying to reach Spain by sea in 2024, an NGO said... Published 27 Dec, 2024 06:27am
Pakistan The Weather KARACHI: The weather report on Thursday (December 26, 2024) and the forecast for Friday (December 27, 2024)... Published 27 Dec, 2024 06:27am
World India considers cutting personal income tax to lift consumption NEW DELHI: India is considering cutting income tax for individuals making up to 1.5 million rupees ($17,590) a year... Published 27 Dec, 2024 06:27am
World Bosnia’s security minister arrested over alleged graft SARAJEVO: Bosnia’s Security Minister Nenad Nesic and six other people were arrested on Thursday on charges of... Published 27 Dec, 2024 06:27am
World Last-minute shopping boosts holiday sales above prior forecast BENGALURU: Holiday shoppers opened their wallets at the last minute in search of good deals on online platforms,... Published 27 Dec, 2024 06:27am
Pakistan Aerial strike in Afghanistan: FO clarifies IBO against terrorists in border areas ISLAMABAD: With reference to an aerial strike conducted late Tuesday night in Afghanistan’s Paktika province, the... Published 27 Dec, 2024 06:27am
Print PPL strikes hydrocarbons at Jamshoro well KARACHI: Pakistan Petroleum Limited (PPL) has announced that Kotri North Joint Venture comprising United Energy... Published 27 Dec, 2024 06:27am
Print PTI sets Jan 31 as deadline for ‘fruitful talks’ ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) negotiation committee on Thursday set January 31 as deadline for... Published 27 Dec, 2024 06:27am
Print PM highlights significance of Sino-Pak partnership ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday highlighted the significance of a deep-rooted and robust... Published 27 Dec, 2024 06:27am
Print Monetary policy lending operations: SBP unveils collateral, counterparty eligibility framework KARACHI: The State Bank of Pakistan (SBP) on Thursday issued a framework for collateral & counterparty... Published 27 Dec, 2024 06:27am
Print HNWIs to be taxed: Aurangzeb unveils FBR digitisation strategy ISLAMABAD: Minister for Finance Muhammad Aurangzeb Thursday unveiled the government’s strategy to implement... Published 27 Dec, 2024 06:27am
Print Allocation deficit hits rupee cover: World Bank asks govt to enhance ‘T5HP’ budget ISLAMABAD: The World Bank has asked the government to increase allocation for Tarbela 5th Extension Hydropower... Published 27 Dec, 2024 06:27am
Print Payables by power cos to gas utilities: LPS on GDS hits alarming mark ISLAMABAD: The amount of Late Payment Surcharge (LPS) on Gas Development Surcharge (GDS) payables by power companies... Published 27 Dec, 2024 06:27am
Print Aleema says: ‘IK denies coming out of jail to go on house arrest’ ISLAMABAD: As the capital is rife with rumours that incarcerated Pakistan Tehreek-e-Insaf (PTI) founding chairman... Published 27 Dec, 2024 06:27am
Print Convictions to be challenged by PTI ISLAMABAD: As military courts convicted 60 more people involved in protests in support of ex-prime minister Imran... Published 27 Dec, 2024 06:27am
Print 60 civilians sentenced by military court ISLAMABAD: The Field General Court Martial (FGCM) has concluded the trials of individuals involved in the May 9... Published 27 Dec, 2024 06:27am
Business & Finance Non-essential medicines Deregulation helps boost pharma industry KARACHI: The deregulation of non-essential medicines in early 2024 has brought significant positive changes to... Published 27 Dec, 2024 06:27am
Editorials Tax bill aimed at tightening noose EDITORIAL: The bill to grant tax authorities sweeping powers to enforce compliance was tabled and is expected to ... Published 27 Dec, 2024 06:27am
Editorials Confronting threat of terrorism EDITORIAL: At a recent policy dialogue organised by an Islamabad-based think-tank, Pak Institute for Peace Studies,... Published 27 Dec, 2024 06:27am
Business & Finance Forex reserves drop by $261m KARACHI: The country’s total liquid foreign reserves dropped by $261 million last week, primarily due to external... Published 27 Dec, 2024 06:27am
Print Tax laws bill gets Senate panel’s nod ISLAMABAD: The Senate Standing Committee on Finance and Revenue, on Thursday, unanimously, recommended the “Tax... Published 27 Dec, 2024 06:27am
Print Investments in real estate: Overseas Pakistanis now eligible for exemption from higher tax rates KARACHI: In a significant move to attract foreign investments in the real estate sector, overseas Pakistanis are now... Published 27 Dec, 2024 06:27am
Print Pakistan Revenue Automation Limited: Restructuring plan approved by ECC ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved restructuring plan of Pakistan... Published 27 Dec, 2024 06:27am
World 10 civilians killed in ‘accidential’ Nigerian army strike KANO: Airstrikes by Nigerian military forces targeting suspected in the northwest Sokoto state killed 10 civilians... Published 27 Dec, 2024 12:54am
World Putin says Slovakia could host peace talks with Ukraine MOSCOW: Russian President Vladimir Putin said on Thursday that Russia is open to a Slovakian proposal to host peace... Published 26 Dec, 2024 11:04pm
World Arab League urges Iran not to fuel ‘strife’ in Syria CAIRO: The Arab League regional bloc called on Iran on Thursday not to fuel “strife” in Syria, after the ouster of... Published 26 Dec, 2024 10:56pm
World Russian air defenses may have hit Azerbaijan plane: US official WASHINGTON: A US official said Thursday that early indications suggest a Russian anti-aircraft system struck an... Published 26 Dec, 2024 10:34pm
World Manmohan Singh, India’s reluctant prime minister, dies aged 92 NEW DELHI: Described as a “reluctant king” in his first stint as prime minister, the quietly spoken Manmohan Singh... Published 26 Dec, 2024 10:27pm
Business & Finance Pakistan, Turkiye agree to explore new avenues in agriculture, technology Pakistan and Turkiye agreed to explore new avenues for partnership under the Strategic Economic Framework (SEF),... Published 26 Dec, 2024 10:03pm
World Israel strikes Yemen’s Sana’a airport, ports and power stations Yemen's Houthis have repeatedly fired drones, missiles towards Israel, vowing their support, solidarity with Palestinians in Gaza Published 26 Dec, 2024 09:38pm
Markets Wall Street slips as rising yields pressure some shares Wall Street’s main indexes drifted lower in light trading volumes on Thursday, as rising yields pressured some... Published 26 Dec, 2024 09:03pm
Markets Dubai index hits over a decade high again; most Gulf shares down Dubai’s benchmark stock index surged to its highest level in more than a decade on Thursday, while most other... Published 26 Dec, 2024 08:51pm
Pakistan Army officer martyred, 13 terrorists killed in separate operations in KP: ISPR An army officer was martyred, and thirteen terrorists were killed during three separate intelligence-based... Published 26 Dec, 2024 08:41pm
Markets SBP-held foreign exchange reserves decrease $228mn, now stand at $11.85bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $228 million on a weekly basis,... Updated 26 Dec, 2024 10:52pm
Pakistan Pakistan conducted anti-terrorist operation in border area ‘based on authentic intelligence’: FO FO says Pakistan remains engaged with Afghan authorities on all priority issues Updated 26 Dec, 2024 10:26pm
Business & Finance Turkiye begins cutting rates after inflation-fighting drive ISTANBUL: Turkiye’s central bank cut its key interest rate by 250 basis points to 47.5% on Thursday, a bit more than... Published 26 Dec, 2024 06:48pm
World Bangladesh to investigate 2009 mutiny massacre DHAKA: Bangladesh on Thursday ordered a commission to investigate a failed 2009 army mutiny and subsequent... Published 26 Dec, 2024 06:26pm
World Russia: It’s up to Trump team to make first move to improve ties MOSCOW: Russia is willing to work with Donald Trump’s incoming administration to improve relations if the U.S. has... Published 26 Dec, 2024 06:13pm
Markets Asia rice: Rupee plunge pulls Indian rice rates to 17-month low Indian rice export prices extended declines to a 17-month low this week on depreciation in rupee to a record low,... Published 26 Dec, 2024 06:06pm
World Gaza medics say Israeli strike kills five journalists, Israel says it hit fighters CAIRO/GAZA: Gaza authorities said an Israeli airstrike killed five Palestinian journalists outside a hospital on... Published 26 Dec, 2024 05:58pm
Markets Gold price per tola gains Rs1,400 in Pakistan Gold prices in Pakistan gained on Thursday in line with their increase in the international rate. In the local... Published 26 Dec, 2024 05:44pm
World Indian economy to grow at around 6.5% in FY25, government says India is expected to grow at around 6.5% in the fiscal year 2024/25, closer to the lower-end of its 6.5%-7%... Published 26 Dec, 2024 05:28pm
Markets Indian equity benchmarks close flat amid lack of triggers India’s benchmark indexes ended little changed on Thursday amid a lack of major triggers and thin trading as the... Published 26 Dec, 2024 05:21pm
Markets Financials, communication services boost Sri Lankan shares CSE All-Share index ended 1.53% higher at 15,400.53 Published 26 Dec, 2024 05:18pm
Markets Palm falls on heavy selling, weakness in Dalian palm olein KUALA LUMPUR: Malaysian palm oil futures fell on Thursday after the Christmas break, driven lower by heavy selling... Published 26 Dec, 2024 05:15pm
Pakistan May 9 riots: Imran Khan’s nephew among 60 more sentenced by military courts ISPR says civilians handed prison terms ranging from 2 to 10 years Updated 26 Dec, 2024 09:27pm
Markets PSO board approves SPA execution with Azerbaijan’s SOCAR The Board of Management (BoM) of Pakistan State Oil Company Limited (PSO), the largest fuel marketing company in the... Updated 26 Dec, 2024 07:54pm
Markets Dubai outperforms other Gulf markets in early trade Dubai’s benchmark share index jumped to its highest level in more than a decade on Thursday, lifted by real estate... Published 26 Dec, 2024 03:13pm
World Russia’s security must be guaranteed by any Ukraine peace deal, Lavrov says MOSCOW: Russia sees no point in a weak ceasefire to freeze the war in Ukraine but Moscow wants a legally binding... Published 26 Dec, 2024 02:50pm
Business & Finance Pakistan’s top 5% earners liable to pay Rs1.6trn in taxes, says FBR chief During press conference alongside finance minister, Langrial says income tax evasion happening at massive scale Updated 26 Dec, 2024 10:53pm
Technology BYD contractor denies ‘slavery-like conditions’ claims by Brazilian authorities BEIJING: Chinese electric vehicle producer BYD’s contractor Jinjiang Group stated on Thursday that the Brazilian... Published 26 Dec, 2024 01:30pm
Sports Bowlers bring Pakistan back into first Test in South Africa CENTURION: Pakistan’s bowlers hit back after the tourists were bowled out for 211 on the first day of the first Test... Updated 26 Dec, 2024 09:40pm
Markets JGB yields rise tracking US Treasury yields higher TOKYO: Japanese government bond (JGB) yields rose on Thursday, tracking rises in US Treasury yields, while market... Published 26 Dec, 2024 12:49pm
Business & Finance World Bank raises China’s GDP forecast for 2024, 2025 The World Bank raised on Thursday its forecast for China’s economic growth in 2024 and 2025, but warned that subdued... Published 26 Dec, 2024 12:45pm
Sports Elena Rybakina ready to put Ivanisevic insight to the test at United Cup PERTH: Former Wimbledon champion Elena Rybakina expressed confidence Thursday that her new partnership with Novak... Published 26 Dec, 2024 12:38pm
Sports Hungry Sabalenka ready for more Slam success BRISBANE: World number one Aryna Sabalenka says she is “fresh and ready to go” in her bid for a third straight... Published 26 Dec, 2024 12:15pm
World 107 migrants rescued in Channel: French authorities LILLE: French authorities said they rescued 107 migrants trying to cross the Channel from France to England on... Published 26 Dec, 2024 12:14pm
Markets OGDCL revives well in Hyderabad, enhances oil production Oil and Gas Development Company Limited (OGDCL), the country’s largest exploration and production (E&P) company,... Updated 26 Dec, 2024 06:30pm
World Tears, prayers as Asia mourns tsunami dead 20 years on BANDA ACEH: Tearful mourners prayed Thursday as ceremonies began across Asia to remember the 220,000 people who died... Published 26 Dec, 2024 12:09pm
World Nepal hosts hot air balloon festival POKHARA: With Nepal’s snowy Himalayan peaks as a backdrop, the sky above Pokhara transformed into a vibrant canvas... Published 26 Dec, 2024 12:00pm
Markets South Korean won drops to lowest level since March 2009; stocks ease The benchmark KOSPI shed 5.32 points, or 0.22%, at 2,435.20 Published 26 Dec, 2024 11:51am
Markets Japan’s Nikkei rises as Toyota shares shine TOKYO: Japan’s Nikkei share average rose on Thursday amid thin trade, boosted by Toyota Motor and as investors... Published 26 Dec, 2024 11:47am
Markets China’s yuan nears key threshold, set for third straight yearly loss in 2024 SHANGHAI: China’s yuan hovered near a 13-month low in holiday-thinned trading on Thursday, not far from breaching a... Published 26 Dec, 2024 11:45am
Markets China stocks edge up in thin trade; HK market closed SHANGHAI: China stocks edged up on Thursday after swinging between modest gains and losses in thin trading volumes... Published 26 Dec, 2024 11:42am
Sports India’s Kohli fined for shoulder bump with Konstas MELBOURNE: India’s Virat Kohli has been fined 20% of his match fees following a clash of shoulders with debutant... Updated 26 Dec, 2024 06:02pm
Markets Iron ore rises on China stimulus hopes, pre-holiday restocking BEIJING: Iron ore futures rose on Thursday as investor sentiment was buoyed by sustained hopes of more stimulus... Published 26 Dec, 2024 11:32am
Sports Man City in danger of missing Champions League, says Guardiola Manchester City are at risk of missing out on next season’s Champions League due to their recent dip in form,... Published 26 Dec, 2024 11:24am
Markets Asian currencies struggle, stocks mostly lower amid Fed rate outlook concerns Emerging Asian currencies were mostly lower against a resilient dollar and stock markets weaker on Thursday, as... Published 26 Dec, 2024 11:21am
World Russia’s FSB says it thwarted Ukrainian plots to kill high-ranking officers and their families MOSCOW: Russia’s Federal Security Service (FSB) said on Thursday that it had foiled a several plots by Ukrainian... Published 26 Dec, 2024 11:17am
World Dead body found in wheel well after United flight lands in Hawaii A dead body was found in the wheel well of a United Airlines jetliner after the aircraft landed in the Hawaiian... Published 26 Dec, 2024 11:12am
Markets Thai baht/US dollar weaker on Thursday BANGKOK: The Thai baht weakened against the US dollar on Thursday. By 0158 GMT, the baht was 0.37% lower at 34.24... Published 26 Dec, 2024 11:02am
Markets Indian shares set to open little changed Indian shares are set to open little changed on Thursday, with analysts expecting incremental moves in benchmark... Published 26 Dec, 2024 11:00am
Markets India bond yields seen barely changed as traders eye fresh cues MUMBAI: Indian government bond yields are likely to be little changed in early deals on Thursday as market... Published 26 Dec, 2024 10:58am
Business & Finance China to build world’s largest hydropower dam in Tibet BEIJING: China has approved the construction of what will be the world’s largest hydropower dam, kicking off an... Published 26 Dec, 2024 10:56am
Markets China smelter group agrees to lower Q1 copper charges China’s top copper smelters agreed to price guidance for processing charges in the first quarter of 2025 that was... Published 26 Dec, 2024 10:49am
Business & Finance Palm dips on heavy selling, weakness in Dalian palm olein KUALA LUMPUR: Malaysian palm oil futures slipped on Thursday after the Christmas break, weighed down by heavy... Published 26 Dec, 2024 10:42am
Markets China’s first batch of 2025 fuel export quota flat vs a year ago SINGAPORE: China has issued 19 million metric tons of export quotas for gasoline, diesel and aviation fuel under the... Published 26 Dec, 2024 10:40am
Markets Gold gains on weak dollar, geopolitical turmoil; Fed, Trump’s 2025 policies in focus Gold gained on Thursday in light holiday trading, boosted by slight weakness in the US dollar and geopolitical... Published 26 Dec, 2024 10:35am
Markets Rupee registers marginal gain against US dollar Currency settles at 278.37 against greenback in inter-bank market Updated 26 Dec, 2024 06:19pm
Markets KSE-100 loses nearly 2,000 points amid severe selling pressure Selling pressure persisted at the Pakistan Stock Exchange (PSX) with the benchmark KSE-100 Index losing nearly 2,000... Updated 26 Dec, 2024 08:58pm
Markets Indian rupee drops to all-time low against US dollar MUMBAI: The Indian rupee dropped to a lifetime low versus the U.S. dollar at open on Thursday, bogged down by higher... Published 26 Dec, 2024 09:08am
World Japan Airlines hit by cyberattack, causing some delays to its flights TOKYO: Japan Airlines (JAL), said on Thursday it was hit by a cyberattack that caused delays to some domestic and... Published 26 Dec, 2024 08:46am
Sports Australia’s top order fires to take charge of 4th Test against India MELBOURNE: Australia’s top four all slammed 50 or better on Thursday to take a firm grip on day one of the fourth... Updated 26 Dec, 2024 12:40pm
World How South Korea’s Constitutional Court could decide president Yoon’s fate SEOUL: South Korea’s Constitutional Court will hold its first hearing on Friday in the case of President Yoon Suk... Published 26 Dec, 2024 08:30am
Business & Finance WexNet 2025: A celebration of women entrepreneurship LAHORE: The Trade Development Authority of Pakistan (TDAP), is thrilled to announce the 12th edition of WexNet 2025.... Published 26 Dec, 2024 08:21am
World At least 10 killed in Israeli strikes on Gaza, medics say At least 10 people were killed and more than a dozen wounded in Israeli strikes on Gaza early on Thursday, medics... Updated 26 Dec, 2024 11:29am
Pakistan WCLA celebrates Christmas with Christian staff LAHORE: The Walled City of Lahore Authority (WCLA) on Wednesday celebrated Christmas with its Christian staff across... Published 26 Dec, 2024 08:20am
Pakistan Scores of dacoits arrested by Layyah police LAHORE: Demonstrating an unwavering resolve to maintain law and order, the Layyah Police successfully apprehended ... Published 26 Dec, 2024 08:18am
Business & Finance Japan says its economy likely to mark first positive output gap in 7 years TOKYO: Japan’s government said on Thursday it predicts economic output will recover to full capacity in the next... Published 26 Dec, 2024 08:17am
Business & Finance PISMIDA team visits JCC, TCC LAHORE: delegation from the Pakistan Industrial Sewing Machine Importers and Dealers Association (PISMIDA), led by... Published 26 Dec, 2024 08:17am
Pakistan GHQ attack case: ATC issues notices for two fugitives RAWALPINDI: The Anti-Terrorism Court (ATC) in Rawalpindi has issued notices for two fugitives, Shaheer Sikandar and... Published 26 Dec, 2024 08:15am
Business & Finance NLC, DP World venture thrives RAWALPINDI: NLC and DP World have shipped more than 1,000 containers between Pakistan and Bangladesh since launching... Published 26 Dec, 2024 08:13am
Pakistan PPP MPA Zehri joins Bugti-led cabinet QUETTA: Pakistan Peoples Party (PPP) MPA Ali Hassan Zehri has taken oath as provincial minister in Chief Minister... Published 26 Dec, 2024 08:10am
Markets Dollar stays resilient, Asia shares get festive lift SINGAPORE: Asia shares rose slightly in holiday-thinned trade on Thursday, extending gains from earlier in the week... Published 26 Dec, 2024 08:09am
Pakistan FDE announces winter holidays ISLAMABAD: The Federal Directorate of Education (FDE) has announced the winter holidays for all the federal... Published 26 Dec, 2024 08:05am
Pakistan Pak-Türkiye Media Centre opened at NED University KARACHI: Turkish Cooperation and Coordination Agency (TİKA) today opened Pak-Türkiye Media Centres at the NED... Published 26 Dec, 2024 08:04am