Business & Finance UBG raises questions over govt’s power relief ‘winter package’ KARACHI: S M Tanveer, patron-in-chief of the United Business Group (UBG) has raised questions regarding the... Published 27 Nov, 2024 08:09am
BR Research Power sector: Private Sector Participation is a must Pakistan’s power sector is an enigma that continues to hold back the country’s economic potential. Despite... Published 27 Nov, 2024 08:04am
BR Research Cement: Of veiled truths and open secrets Significant journalistic hours have been spent lauding the financial performance of cement companies in this column,... Published 27 Nov, 2024 08:00am
Business & Finance LCCI urges cellular companies to resolve networking issues LAHORE: The Lahore Chamber of Commerce and Industry Tuesday urged cellular companies to resolve networking issues as... Published 27 Nov, 2024 07:30am
Business & Finance PHMA urges govt to help ensure smooth gas supply LAHORE: While expressing serious concerns over the threats of gas supply termination and notices of additional... Published 27 Nov, 2024 07:29am
Business & Finance 2,300 Chinese companies operating in Pakistan: VP PCJCCI LAHORE: Zafar Iqbal Vice President Pakistan China Joint Chamber of Commerce and Industry (PCJCCI), said during a... Published 27 Nov, 2024 07:26am
Business & Finance PRGMEA for a collaborative approach to policymaking LAHORE: The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) has emphasized the need... Published 27 Nov, 2024 07:23am
Sports Haier named official partner of Australian Open for 2025-2027 MELBOURNE: Haier announced that it is the official TV and appliance partner of the Australian Open and Summer of... Published 27 Nov, 2024 07:18am
Pakistan The Weather KARACHI: The weather report on Tuesday (November 26, 2024) and the forecast for Wednesday (November 27, 2024)... Published 27 Nov, 2024 06:44am
Pakistan JI chief says govt formed through ‘Form 47’ LAHORE: Chief of Jamaat-e-Islami Hafiz Naeem-ur-Rehman has reiterated his stance that election winners should be... Published 27 Nov, 2024 06:44am
Pakistan IHC upholds SECP order against legal heirs of Siddiq Moti ISLAMABAD: The Islamabad High Court (IHC) has delivered a landmark verdict, upholding the Securities and Exchange... Published 27 Nov, 2024 06:44am
Pakistan Sharjeel condemns attack on Rangers’ vehicle KARACHI: Sindh Senior Minister Sharjeel Inam Memon has condemned the miscreants’ vehicle attack on Rangers... Published 27 Nov, 2024 06:44am
Pakistan Dar meets Belarusian president ISLAMABAD: Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar met with President of Belarus Alexander... Published 27 Nov, 2024 06:44am
Pakistan ‘Medical profession without compassion is irrelevant’ FAISALABAD: Medical profession without compassion is irrelevant and under-training medical graduates must inculcate... Published 27 Nov, 2024 06:44am
Pakistan ‘Children’s Heart Surgery Programme’: Over 800 surgeries performed LAHORE: As many as 800 innocent children have successfully undergone surgeries under the Chief Minister’s... Published 27 Nov, 2024 06:44am
Pakistan PM condemns attack on LEAs personnel ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday condemned the recent attack on law enforcement personnel, saying... Published 27 Nov, 2024 06:44am
Pakistan Infiltration attempt from Afghan border thwarted ISLAMABAD: Pakistan’s security forces successfully thwarted an infiltration attempt by a group of terrorists near... Published 27 Nov, 2024 06:44am
World UN member states honour record number of killed aid workers UNITED NATIONS: More than 100 UN member states called Tuesday for the protection of humanitarian aid workers, who ... Published 27 Nov, 2024 06:44am
Pakistan Troops deployed in Islamabad’s ‘Red Zone’ ISLAMABAD: The government on Tuesday deployed army in the Red Zone to manage the unrest during the ongoing Pakistan... Published 27 Nov, 2024 06:44am
World Babayev blames rich countries for ‘imperfect’ deal PARIS: The tough-fought finance deal at UN climate negotiations was “imperfect”, the Azerbaijan COP29 leadership... Published 27 Nov, 2024 06:44am
Business & Finance PKR saving deposits: IBIs required to pay profit equivalent to 75pc of WAGY of all pools KARACHI: In a significant move aimed at boosting returns for savers, the State Bank of Pakistan (SBP) has asked the... Published 27 Nov, 2024 06:44am
Pakistan Six killed as protesters reach D-Chowk ISLAMABAD: Thousands of loyalists of Imran Khan, the incarcerated ex-prime minister and founding chairman of ... Published 27 Nov, 2024 06:44am
Pakistan No talks with PTI protesters: govt ISLAMABAD: Amid reports of secret talks with Pakistan Tehreek-e-Insaf(PTI) founding chairman Imran Khan, the... Published 27 Nov, 2024 06:44am
Editorials The economic cost of political unrest EDITORIAL: Federal Finance Minister Muhammad Aurangzeb has claimed that protests cost the country 190 billion rupees... Updated 27 Nov, 2024 07:42am
Editorials All’s not well in the ruling coalition EDITORIAL: It seems political differences between PML-N and PPP which were reportedly bubbling under the surface for... Updated 27 Nov, 2024 07:39am
Print Karachi’s businessmen decide to launch ‘Air Karachi’ KARACHI: The business community of Karachi has announced the launch of a new airline, Air Karachi, with an initial... Published 27 Nov, 2024 06:44am
Print PTI’s tree tsunami programme: Audit exposes Rs5.2bn mismanagement KARACHI: A recent special audit of Auditor General of Pakistan (AGP) has uncovered serious deficiencies in PTI’s... Published 27 Nov, 2024 06:44am
Print 800 PTI workers arrested: Gandapur, Bushra ‘flee protest site’ amid crackdown ISLAMABAD: The police and Rangers on Tuesday cleared Blue Area as well as the D-Chowk after launching a late night... Published 27 Nov, 2024 06:44am
Print 15 agreements, MoUs inked between Pakistan, Belarus ISLAMABAD: Pakistan and Belarus have strengthened their bilateral ties by signing 15 significant agreements and... Published 27 Nov, 2024 06:44am
Business & Finance Dollar bonds slide LONDON: Pakistan’s sovereign dollar bonds slid on Tuesday, Tradeweb data showed, as deadly clashes between... Published 27 Nov, 2024 06:44am
Print Foreign investors: Jul-Oct profit repatriation soars 66pc to $807.2m YoY KARACHI: The repatriation of profits and dividends by foreign investors rose by 66 percent to $807.2 million in the... Published 27 Nov, 2024 06:44am
Business & Finance Govt tells World Bank: Agri tax legislation to be completed in next Jan ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, Tuesday, apprised the World Bank ... Published 27 Nov, 2024 06:44am
Print Oct FCA: CPPA-G hints at refunding Rs2.6bn to consumers ISLAMABAD: Central Power Purchasing Agency- Guaranteed (CPPA-G) on Tuesday hinted refunding Rs 2.6 billion to the... Published 27 Nov, 2024 06:44am
Print ‘Winter package’ to be made available to KE consumers as well: govt ISLAMABAD: The government assured on Tuesday that three months incremental consumption-based Winter Package at Rs... Published 27 Nov, 2024 06:44am
Print Standardising financial regimes: Aurangzeb highlights importance ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a meeting with a delegation of... Published 27 Nov, 2024 06:44am
Print Jul-Oct: $1.723bn borrowed from multiple sources ISLAMABAD: The country borrowed $1.723 billion from multiple financing sources during the first four months... Published 27 Nov, 2024 06:44am
Print Banks start scrapping monthly fee on large deposits KARACHI: Banks have begun reversing their arbitrarily imposed five percent monthly charges on all accounts with... Published 27 Nov, 2024 06:44am
Print Key requirement for conventional banks removed KARACHI: In a major move, the State Bank of Pakistan (SBP) on Tuesday removed the Minimum Profit Rate (MPR)... Published 27 Nov, 2024 06:44am
World Israel’s Netanyahu says will ensure Lebanon ceasefire is enforced JERUSALEM: Israeli Prime Minister Benjamin Netanyahu said on Tuesday he was ready to implement a ceasefire deal with... Published 26 Nov, 2024 11:50pm
World NATO reaffirms support for Ukraine following Russian ballistic missile launch BRUSSELS: NATO members on Tuesday reaffirmed their support for Ukraine during talks with the country’s officials... Published 26 Nov, 2024 11:10pm
World New Russian missile fired at Ukraine carried warheads without explosives, sources say KYIV: A new ballistic missile fired by Russia at the Ukrainian city of Dnipro last week carried multiple warheads... Published 26 Nov, 2024 10:59pm
World Modi’s party distances itself from India’s Adani amid opposition protests NEW DELHI: Indian Prime Minister Narendra Modi’s party said it had no reason to defend billionaire Gautam Adani on... Published 26 Nov, 2024 10:52pm
World G7 to ‘comply with respective obligations’ over Netanyahu ICC warrant FIUGGI: G7 foreign ministers said Tuesday they “will comply with our respective obligations” regarding the arrest... Published 26 Nov, 2024 10:47pm
Pakistan NLC stall receives overwhelming response at IDEAS 2024 The National Logistics Corporation (NLC) captured the spotlight at the 12th International Defence Exhibition &... Published 26 Nov, 2024 10:25pm
Sports ICC to decide fate of Pakistan’s Champions Trophy on Friday KARACHI: The International Cricket Council (ICC) will meet this week to determine the destiny of next year’s... Published 26 Nov, 2024 09:13pm
Sports PCB postpones remaining Sri Lanka A matches against Shaheens amid PTI protest The Pakistan Cricket Board (PCB) has postponed the last two 50-over matches of the Pakistan Shaheens-Sri Lanka ‘A’... Published 26 Nov, 2024 08:02pm
Markets Most Gulf markets end higher; Saudi falls Most stock markets in the Gulf ended higher on Tuesday, as investors took stock of a potential ceasefire between... Published 26 Nov, 2024 07:43pm
World Saudi Arabia agrees metals deals worth over $9 billion RIYADH: Saudi Arabia on Tuesday agreed nine investment deals in metals and mining worth more than 35 billion riyals... Published 26 Nov, 2024 07:36pm
World Saudi Arabia approves 2025 budget with total deficit of $26.9bn RIYADH: Saudi Crown Prince Mohammed bin Salman on Tuesday approved the country’s budget for 2025, state media... Published 26 Nov, 2024 07:28pm
World Germany urges EU to prepare for Trump tariffs FRANKFURT: Europe must prepare for US President-elect Donald Trump to impose hefty tariffs on its exports and stick... Published 26 Nov, 2024 07:23pm
World Russia expels UK diplomat accused of espionage MOSCOW: Russia said on Tuesday it was expelling a British diplomat who it accused of espionage and summoned London’s... Published 26 Nov, 2024 07:17pm
World Bangladesh Hindu protest over leader arrest, one dead DHAKA: Bangladeshi supporters of an arrested Hindu leader clashed with security forces on Tuesday after the... Published 26 Nov, 2024 07:09pm
Sports Ayub century helps Pakistan crush Zimbabwe, level series ZIMBABWE: Saim Ayub struck an unbeaten 113 as Pakistan crushed Zimbabwe by 10 wickets in Bulawayo on Tuesday to... Published 26 Nov, 2024 07:00pm
World India’s Andhra Pradesh state likely to suspend Adani power deal NEW DELHI: India’s Andhra Pradesh state is likely to suspend a power purchase deal linked to Adani Group due to the... Published 26 Nov, 2024 06:08pm
World Ceasefire deal between Israel and Hezbollah looks imminent, officials say JERUSALEM/BEIRUT: Israel and Hezbollah looked set to reach a ceasefire deal on Tuesday, Israeli and Lebanese... Updated 26 Nov, 2024 10:52pm
Markets Indian shares end lower, pulled down by Adani firms on implications of US indictment Indian shares inched lower on Tuesday, weighed down by Adani Group stocks’ on worries about the implications of... Published 26 Nov, 2024 05:42pm
Markets Gold price per tola falls Rs4,100 in Pakistan Gold prices in Pakistan registered losses for the second consecutive session on Tuesday in line with their decrease... Updated 26 Nov, 2024 07:46pm
Pakistan Security forces kill three militants in North Waziristan Security forces have killed three militants trying to infiltrate through the Afghanistan-Pakistan border in Hassan... Updated 26 Nov, 2024 10:24pm
Markets Sri Lanka shares end higher as energy, industrials gain CSE All Share index settled up 0.8% at 12,964.03 Published 26 Nov, 2024 04:50pm
Markets Copper slips as Trump releases details of China tariffs LONDON: Copper prices dropped modestly on Tuesday after incoming U.S. President Donald Trump provided details of... Published 26 Nov, 2024 04:48pm
Markets Palm rises on firmer soyoil prices, expected output decline KUALA LUMPUR: Malaysian palm oil futures rose for a second consecutive session on Tuesday, supported by firmer rival... Published 26 Nov, 2024 04:44pm
Markets Rupee records marginal fall against US dollar Currency settles at 277.84 against US dollar in inter-bank market Updated 26 Nov, 2024 10:49pm
World Death toll from India mosque survey clashes rises to six LUCKNOW: The death toll from violent protests in India sparked by a survey into whether a centuries-old mosque was... Published 26 Nov, 2024 04:16pm
Markets 120MW solar project: KE receives lowest bid from KAPCO Power utility K-Electric (KE) received the lowest tariff bid from Kot Addu Power Company Limited (KAPCO) for its... Updated 26 Nov, 2024 07:45pm
Life & Style Five things to watch in 2025 PARIS: From the return of Oasis, a second stint in the White House for Donald Trump to a turbo-charged football... Published 26 Nov, 2024 03:40pm
Business & Finance Indus Motor, Ghandhara Tyre temporarily halt production Amid challenges in the country’s auto sector, including material shortage and operational adjustments, two prominent... Updated 26 Nov, 2024 08:45pm
World Indian rival royal factions clash outside palace JAIPUR: Indian government officials took temporary control Tuesday at a luxurious hilltop palace in Rajasthan after... Updated 26 Nov, 2024 03:14pm
World Sri Lanka probes Adani projects after US charges COLOMBO: Sri Lanka has opened an investigation into the local investments of India’s Adani Group in the wake of US... Published 26 Nov, 2024 02:39pm
World Gaza’s civil defence says 11 killed in Israeli strikes and shelling GAZA CITY: Gaza’s civil defence agency said Tuesday morning that 11 people were killed in nighttime Israeli air... Published 26 Nov, 2024 02:36pm
Sports Indian 13-year-old becomes youngest to earn IPL deal Rajasthan Royals said they were confident 13-year-old Vaibhav Suryavanshi can make the step up to the Indian Premier... Published 26 Nov, 2024 02:32pm
Markets Russia’s weak rouble is helping exporting companies, finance minister says MOSCOW: Russia’s weak rouble is benefiting exporting companies, offsetting the negative impact of the central bank’s... Published 26 Nov, 2024 02:27pm
Markets Auto stocks lead losses in Europe on Trump’s tariff risk European shares opened lower on Tuesday, dragged by automakers, as Donald Trump’s tariff threat on the United... Published 26 Nov, 2024 02:25pm
Markets Most Gulf markets gain amid possible Israel-Hezbollah ceasefire Most major stock markets in the Gulf rose in early trade on Tuesday, as investors took stock of a potential... Published 26 Nov, 2024 02:23pm
Markets IEA chief Birol sees ‘comfortable’ oil markets, unless geopolitical shock OSLO: The supply of oil and gas will be plentiful, with oil markets being “comfortable” this year and next unless... Published 26 Nov, 2024 02:21pm
Pakistan World Bank offers assistance to streamline Pakistan’s budget-making process The World Bank has offered Pakistani authorities technical assistance to enhance the budget-making process and adopt... Updated 26 Nov, 2024 10:23pm
Pakistan Pakistan, Belarus agree to further strengthen economic, trade ties Pakistan and Belarus reaffirmed on Tuesday the commitment to further strengthen economic and trade relations. This... Updated 26 Nov, 2024 10:44pm
World Russia’s Medvedev warns West over discussing nuclear weapons for Ukraine MOSCOW: Senior Russian security official Dmitry Medvedev said on Tuesday that if the West supplied nuclear weapons... Published 26 Nov, 2024 01:40pm
Markets South African rand slips on Trump tariff jitters JOHANNESBURG: South Africa’s rand slipped on Tuesday as US President-elect Donald Trump’s tariff threat on its... Published 26 Nov, 2024 01:37pm
World EU’s Borrell urges Israel to back Lebanon ceasefire FIUGGI: The European Union’s foreign policy chief urged Israel on Tuesday to back a proposed ceasefire deal in... Published 26 Nov, 2024 01:35pm
Business & Finance SBP makes key revisions to Minimum Profit Rate requirements, Islamic banking guidelines In a major development for the banking sector, the State Bank of Pakistan (SBP) on Tuesday announced that the... Updated 26 Nov, 2024 10:53pm
World Indonesia digs out as flooding, landslide death toll hits 20 JAKARTA: Rescue workers in western Indonesia used heavy equipment on Tuesday to dig out from weekend flooding and... Published 26 Nov, 2024 12:40pm
World Judge tosses Trump 2020 election case after prosecutors’ request WASHINGTON: A U.S. judge on Monday dismissed the federal criminal case accusing Donald Trump of attempting to... Published 26 Nov, 2024 12:18pm
Markets China’s yuan slides to four-month low on Trump’s tariff promise SHANGHAI: The yuan fell against the US dollar to its weakest in nearly four months after US President-elect Donald... Published 26 Nov, 2024 12:12pm
World India’s defence minister to visit Russia Dec 8-10, TASS reports Indian Defence Minister Rajnath Singh will visit Russia Dec. 8-10, Russia’s TASS state news agency reported on... Published 26 Nov, 2024 12:09pm
Markets China, HK stocks gain; market had largely expected Trump tariff vows SHANGHAI: China stocks edged up on Tuesday, while Hong Kong shares bounced from two-month lows earlier in the day as... Published 26 Nov, 2024 11:54am
Markets Philippines raises $254mn from reissued T-bond auction MANILA: Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of reissued 2029 T-bonds... Published 26 Nov, 2024 11:50am
Markets Copper falls on firm dollar, Trump’s tariffs plan Copper prices fell on Tuesday, weighed down by a stronger US dollar and US President-elect Donald Trump’s pledge to... Published 26 Nov, 2024 11:47am
Sports Stick or twist? Australia digests Perth mauling SYDNEY: After fixating obsessively over one spot in the batting order for the best part of the spring, Australia’s... Published 26 Nov, 2024 11:45am
Business & Finance Fitch puts some Adani bonds on negative watch after US bribery charges Ratings agency Fitch has put some Adani Group bonds on watch for a possible downgrade after US authorities indicted... Published 26 Nov, 2024 11:22am
Markets Palm climbs on stronger soyoil prices, anticipation of output decline KUALA LUMPUR: Malaysian palm oil futures rose on Tuesday, mirroring gains in rival soyoil prices and supported by... Published 26 Nov, 2024 11:16am
Business & Finance Nissan seeks investor to replace some of Renault’s equity holding, FT reports Nissan Motor is looking for a long-term investor, such as a bank or insurance group, to help it replace some of... Published 26 Nov, 2024 11:12am
World Global resurgence in protective industrial policies, EBRD says LONDON: A global resurgence in industrial policies that aim to boost or protect domestic interests threatens... Published 26 Nov, 2024 11:10am
Markets Platinum market faces third consecutive deficit in 2025, WPIC says LONDON: The global platinum market will be in a structural deficit for a third consecutive year in 2025 as mine... Published 26 Nov, 2024 11:08am
World Donald Trump vows to slap 25% tariffs on Mexico, Canada, 10% tariffs on China WASHINGTON: US President-elect Donald Trump said Monday he intends to impose a 25 percent tariff on goods from... Updated 26 Nov, 2024 10:45pm
World Large fire at Japan rocket test site, no injuries reported TOKYO: A major fire erupted Tuesday at a Japan space agency site as it tested a solid-fuel Epsilon S rocket,... Published 26 Nov, 2024 10:57am
Sports Scottie Scheffler, Schauffele and McIlroy up for PGA Player of the Year MIAMI: Top-ranked Scottie Scheffler, two-time major winner Xander Schuaffele and DP World Tour Championship winner... Published 26 Nov, 2024 10:52am
Sports Kylian Mbappe takes reins for Real Madrid in Liverpool clash MADRID: With Real Madrid’s Vinicius Junior injured for the Champions League clash at Liverpool on Wednesday,... Published 26 Nov, 2024 10:49am
Sports Jacob Bethell to bat at three on England Test debut against New Zealand CHRISTCHURCH: Jacob Bethell will bat at number three on his Test debut as England on Tuesday named their team for... Published 26 Nov, 2024 10:33am
Markets Bloodbath at PSX: KSE-100 sees biggest single-day decline, plummets over 3,500 points Volatility and political tension major themes at PSX as violent protests in federal capital put investors on edge Index suffers heaviest fall in terms of points Updated 26 Nov, 2024 08:44pm
Sports England ‘not quivering’ ahead of New Zealand Test challenge CHRISTCHURCH: England will be searching for redemption after their series loss in Pakistan when they face a buoyant... Published 26 Nov, 2024 10:28am