Business & Economy Brokerage houses see inflation rate in Pakistan to go over 12% in June Two brokerage houses said they see CPI-based inflation reading inching slightly higher, and hovering around 12-13%... Updated 28 Jun, 2024 11:58pm
Business & Economy Govt passes tax-laden budget ahead of talks on fresh IMF loan Some amendments part of the final budget Updated 28 Jun, 2024 11:57pm
Tit-for-tat: Pakistan adopts resolution against US call for election probe Resolution condemns US representatives' move, terming that contrary to facts and interference in Pakistan’s internal affairs Updated 28 Jun, 2024 11:56pm
Money & Banking Bank holiday: SBP to remain closed on July 1 The State Bank of Pakistan (SBP) will remain closed for public dealing on Monday, July 1, 2024, which shall be... Published 28 Jun, 2024 11:09pm
One killed, six injured in Russian missile attack on Ukraine’s Dnipro KYIV: A Russian missile strike hit a nine-storey residential building in the central Ukrainian city of Dnipro on... Published 28 Jun, 2024 10:44pm
Companies Pakistan’s Ismail Industries to set up subsidiary in UAE Offering a business-friendly environment, the UAE has emerged as the top destination for Pakistani corporations as... Updated 28 Jun, 2024 10:29pm
Europe Putin says Russia should produce previously banned missiles MOSCOW: Russian President Vladimir Putin said Friday that Russia should start producing short and intermediate-range... Published 28 Jun, 2024 10:29pm
Contempt of court: SC accepts Vawda, Kamal’s apologies The Supreme Court (SC) accepted on Friday apologies tendered by lawmakers Faisal Vawda and Mustafa Kamal on their... Updated 28 Jun, 2024 09:34pm
Exchange Rupee sees marginal improvement against US dollar in final session of FY24 During FY24, PKR appreciated 2.8% YoY against the greenback overall Updated 28 Jun, 2024 08:46pm
Stocks Wall Street jumps after cooling inflation data US stocks rose broadly on Friday after an in-line inflation report strengthened hopes for interest rate cuts in... Published 28 Jun, 2024 07:54pm
Stocks KSE-100 closes nearly flat on last day of FY2023-24 In FY2023-24, benchmark index shows 89% growth Updated 28 Jun, 2024 07:48pm
Stocks UAE markets jump on strong oil prices Stock markets in the United Arab Emirates closed higher on Friday, tracking oil prices on worries that a potential... Published 28 Jun, 2024 06:49pm
Pakistan’s first Olympic markswoman guns for historic medal JHELUM: Slowing her breath and focusing on a bullseye in her pistol’s sights, Kishmala Talat is aiming to become the... Updated 28 Jun, 2024 06:47pm
Stocks Sri Lanka shares end lower as energy, consumer staples drag; June inflation rises CSE All-Share index settled 0.37% lower at 12,143.76 Published 28 Jun, 2024 06:46pm
HRCP raises alarm over ‘gender apartheid’ in Afghanistan ahead of Doha talks The Human Rights Commission of Pakistan (HRCP) has raised concerns over the United Nations (UN) led talks with the... Published 28 Jun, 2024 06:34pm
Luxury Singapore retains title as the world’s most expensive city for second year in a row Singapore retained its title as the world’s most expensive city to live extremely well in for the second year in a... Updated 28 Jun, 2024 06:04pm
Europe Russian shelling kills four in east Ukraine town KYIV: Russian shelling killed four people and injured three others including an eight-year-old child, in the east... Published 28 Jun, 2024 05:52pm
Luxury ‘Dubai’s residential property still relatively affordable compared to regional cities’ Global Wealth & Lifestyle Report 2024 says emirate's status as robust and stable economic hub make it attractive place of residence Updated 28 Jun, 2024 05:48pm
Europe Turkiye removed from FATF money laundering grey list in boost to standing ANKARA/PARIS: The international crime watchdog Financial Action Task Force (FATF) removed Turkiye from its “grey... Published 28 Jun, 2024 05:42pm
Companies PTCL secures $400mn loan from IFC for Telenor Pakistan acquisition Pakistan Telecommunication Company Limited (PTCL) has secured debt financing of up to $400 million from the... Updated 28 Jun, 2024 05:35pm
South Asia Anti-money laundering watchdog FATF says India in compliance with its rules NEW DELHI: A global anti-money laundering watchdog said on Friday that India had largely complied with its rules,... Published 28 Jun, 2024 05:27pm
Energy Global LNG: Asia spot prices buoyed by hot summer weather forecasts SINGAPORE: Asian spot liquefied natural gas (LNG) prices held steady this week as forecasts of higher temperatures... Published 28 Jun, 2024 05:14pm
Arts Hong Kong museum celebrates life of architect I.M. Pei HONG KONG: More than 30 years after I.M. Pei reshaped Hong Kong’s skyline with a jagged tower of steel and glass,... Published 28 Jun, 2024 05:11pm
South Asia India’s fiscal deficit in April-May at $6.1bn NEW DELHI: India’s fiscal deficit for the first two months of the current financial year that started April 1 stood... Published 28 Jun, 2024 05:10pm
Money & Banking India’s forex reserves rise to $653.71 billion as of June 21 MUMBAI: India’s foreign exchange reserves rose by $810 million and stood at $653.71 billion as of June 21, data from... Published 28 Jun, 2024 05:04pm
Stocks Indian shares off record highs but post best month in 2024 BENGALURU: India’s benchmark equity indexes came off record highs on Friday, but ended the month with their best... Published 28 Jun, 2024 04:59pm
Taxes New taxation steps won’t hurt the poor: Sindh CM KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Thursday assured the Sindh Assembly that new taxation will not... Updated 28 Jun, 2024 04:56pm
Commodities Copper rebounds on rate cut hopes, technical buying LONDON: Copper prices rose on Friday ahead of U.S. inflation data that could support future rate cuts and as some... Published 28 Jun, 2024 04:54pm
Commodities Palm oil clocks first weekly rise in four BEIJING: Malaysian palm oil futures ended higher for a third session on Friday, snapping a three-week decline, on... Published 28 Jun, 2024 04:49pm
Commodities Gold price per tola increases Rs700 in Pakistan Gold prices in Pakistan continued to register gains for the second consecutive session, in line with an increase in... Published 28 Jun, 2024 03:32pm
Federal budget and pro-cyclical policy The federal budget, due to come into effect in the next few days, has continued with the pro-cyclical policy... Updated 28 Jun, 2024 03:16pm
EPQL seeks to buy low BTU gas from PPL’s Kandhkot field ISLAMABAD: M/s Engro Powergen Qadirpur Limited (EPQL) has reiterated its interest in purchase of 50 MMCFD low BTU... Updated 28 Jun, 2024 03:12pm
ECC decides to establish pension funds from July 1 ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has decided to establish the pension funds from... Updated 28 Jun, 2024 03:11pm
Stocks Europe stock markets open on mixed note LONDON: Europe’s main stock markets were mixed at the start of trading on Friday, as investors digested economic... Published 28 Jun, 2024 02:50pm
Energy Oil rises on rate cut hopes, higher margins; poised for third weekly gain Oil prices rose in Asian trade on Friday and were poised for a third straight weekly jump, buoyed by growing... Updated 28 Jun, 2024 02:38pm
Forex South African rand gains as cabinet announcement wait drags on JOHANNESBURG: The South African rand clawed back some losses in early trade on Friday, as the wait for the... Published 28 Jun, 2024 02:17pm
MENA From discounts to live performances: Dubai Summer Surprises launches largest edition DUBAI: The Dubai Summer Surprises (DSS) – now in its 27th year – will begin today (Friday) and run until September... Updated 28 Jun, 2024 02:06pm
Stocks FTSE 100 opens higher, on track for fourth quarterly gain Britain’s blue-chip stock index opened higher on Friday, on course to log its fourth consecutive quarterly gain,... Published 28 Jun, 2024 01:48pm
Forex Rouble weakens after exporters complete forex sales for tax payments MOSCOW: The Russian rouble weakened against the dollar after exporters completed their forex sales to meet Friday’s... Published 28 Jun, 2024 01:45pm
Unbeaten India and South Africa ready to end glory waits in T20 World Cup final BRIDGETOWN: Unbeaten throughout almost a month of cricket across the USA and the Caribbean, India and South Africa... Published 28 Jun, 2024 01:42pm
Low-profile Walter leads South Africa to promised land of World Cup final BRIDGETOWN: After years of high profile coaches, it is the relatively unknown Rob Walter who stands on the brink of... Published 28 Jun, 2024 01:30pm
South Asia Polls open in Iran for presidential election TEHRAN: Polls in Iran opened on Friday for a presidential election following the death of ultraconservative... Updated 28 Jun, 2024 12:35pm
Europe Russian oil depot on fire after Ukrainian drone strike MOSCOW: A Ukrainian drone hit a petrol depot early Friday setting it on fire, a Russian regional governor said,... Published 28 Jun, 2024 12:33pm
Europe UK exits recession with stronger-than-expected growth LONDON: Britain’s economy emerged from a short-lived recession in the first quarter with stronger-than-anticipated... Published 28 Jun, 2024 12:28pm
7.2 magnitude earthquake strikes off Peru, tsunami threat over: USGS LIMA: A magnitude 7.2 earthquake struck off the coast of central Peru on Friday, the United States Geological Survey... Published 28 Jun, 2024 12:26pm
Stocks China stocks seesaw as investors cautious on US presidential debate SHANGHAI: China stocks traded sideways after opening lower on Friday, as investors cautiously watched the first live... Published 28 Jun, 2024 12:20pm
Panama score late goal to stun 10-man US at Copa America ATLANTA: Panama pulled off a shock 2-1 victory over the United States in a heated Group C encounter at the Copa... Published 28 Jun, 2024 12:18pm
Commodities Wheat set for biggest monthly drop in 2 years on harvest pressure SINGAPORE: Chicago wheat retreated on Friday from strong gains posted in the previous session, with the market on... Published 28 Jun, 2024 12:14pm
Commodities London copper set for biggest monthly fall since May 2023 Copper prices in London firmed on Friday, but were on track for their biggest monthly decline since May 2023 amid... Published 28 Jun, 2024 12:11pm
Asia China’s Xi calls for ‘bridges’ in global economy BEIJING: Chinese President Xi Jinping on Friday called for the building of “bridges” in the era of economic... Published 28 Jun, 2024 12:08pm
Commodities Palm oil gains, set to end three-week decline BEIJING: Malaysian palm oil futures rose for a third day on Friday, on course to snap a three-week decline,... Published 28 Jun, 2024 11:51am
Forex Australian dollar slips to 10-day low, bonds rally to end tough week SYDNEY: The Australian dollar fell to a 10-day low on Friday as markets pared the chance of a rate hike on dovish... Published 28 Jun, 2024 11:48am
Noah Lyles, Richardson breeze through 200m heats at US trials Noah Lyles and Sha’Carri Richardson made light work of the 200m heats on Thursday as the US Olympic trials returned... Published 28 Jun, 2024 11:44am
USA Joe Biden falters as Trump unleashes barrage of falsehoods at first debate ATLANTA: President Joe Biden delivered a shaky, halting performance while his Republican rival Donald Trump battered... Published 28 Jun, 2024 11:38am
Europe Russian defence minister orders measures taken over US drones in Black Sea MOSCOW: Russian defence minister Andrei Belousov has ordered the general staff to take measures to address increased... Published 28 Jun, 2024 11:19am
Uruguay put five past Bolivia to edge closer to Copa quarters EAST RUTHERFORD: Uruguay thrashed tournament minnows Bolivia 5-0 in their Group C encounter in New Jersey on... Published 28 Jun, 2024 11:15am
South Asia Roof collapses at Delhi airport, one dead, departures cancelled A roof collapsed under heavy rainfall and winds at the main airport in India’s capital New Delhi on Friday, killing... Published 28 Jun, 2024 11:10am
US invites Arab, Israeli foreign ministers to NATO summit, FT says The United States has invited the foreign ministers of Israel and several Arab countries to a NATO summit in... Published 28 Jun, 2024 10:54am
Forex China’s yuan edges higher, traders digest US presidential debate HONG KONG: The yuan rose slightly against the dollar but remained near seven-month lows, with the first US... Published 28 Jun, 2024 10:26am
Stocks Asia shares eye five-month winning streak; yen buckles under dollar strength SINGAPORE: Asian stocks were headed for a fifth straight month of gains on Friday, bolstered by the growing view... Published 28 Jun, 2024 10:24am
Stocks Australian shares set to post modest H1 gains as economic woes weigh Australian shares rose on Friday, setting up the benchmark index for modest gains for the first half of the year, as... Published 28 Jun, 2024 10:15am
Bullion Rate Gold set for third quarterly gain; traders await US inflation data Gold prices eased on Friday, but were set for a third straight quarterly rise, while investors look forward to US... Published 28 Jun, 2024 10:09am
Stocks Japan’s Topix hits 34-year peak as banks advance, tech rebounds TOKYO: Japan’s Topix stock index climbed to a 34-year high on Friday, as banks gained amid a gradual rise in... Published 28 Jun, 2024 10:06am
Mutual Funds Indian bond traders expect index-related flows in debt, yields flattish MUMBAI: Indian government bond yields were flattish in early trades on Friday, as market participants expected... Published 28 Jun, 2024 10:04am
Forex Indian rupee eyes bond inflows; US inflation data on tap MUMBAI: The Indian rupee on Friday will likely be helped by the expected inflows from the inclusion of the nation’s... Published 28 Jun, 2024 10:01am
Stocks India’s Nifty 50 set to hit record high; Reliance in focus BENGALURU: India’s benchmark Nifty 50 index is set to hit a record high at the open on Friday, while oil-to-telecom... Published 28 Jun, 2024 09:58am
Vitol wins tender from govt-owned LPG company ISLAMABAD: M/s Vitol Trading Company, the world’s largest energy trading enterprise, has won tender from Pakistan’s... Updated 28 Jun, 2024 09:56am
Forex Dollar barges past 161 yen and eyes quarterly rise SINGAPORE: The dollar was headed for a second straight quarterly gain and jumped to a near four-decade high on the... Published 28 Jun, 2024 09:54am
Likely amendments in finance bill: Govt becomes flexible about non-filers Proposed amendments relate to non-filers, wealth statement, foreign assets, and withholding tax-related provisions Updated 28 Jun, 2024 09:54am
Power tariff hike, loadshedding: Consumers heap criticism on Nepra at hearing ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Thursday faced criticism from consumers at a... Updated 28 Jun, 2024 09:23am
Petrol, HSD prices likely to increase ISLAMABAD: Petrol and high-speed diesel (HSD) prices are likely to increase in Pakistan from July 01, 2024.... Updated 28 Jun, 2024 09:21am
CDWP clears 26 uplift projects ISLAMABAD: The Central Development Working Party (CDWP) cleared as many as 26 development projects worth Rs900... Updated 28 Jun, 2024 09:18am
NA may approve budget today ISLAMABAD: The National Assembly Friday (June 28) is likely to approve Budget-2024-25 including The Finance Bill,... Updated 28 Jun, 2024 09:17am
OICCI says has identified ‘critical anomalies’ KARACHI: In a letter to the FBR Anomaly Committee, the Overseas Investors Chamber of Commerce and Industry (OICCI)... Updated 28 Jun, 2024 09:16am
Profit, dividend: Foreign investors repatriate record $918m in May KARACHI: Foreign investors have repatriated the highest-ever $918 million on account of profit and dividend during... Updated 28 Jun, 2024 08:23am
Various Divisions: NA approves 9 demands for grants worth Rs145.32bn ISLAMABAD: The National Assembly approved nine demands for grants worth Rs145.32 billion to meet expenditures of the... Updated 28 Jun, 2024 08:22am
BR’s refresher: your morning briefing for the day Important updates from June 27, 2024 Published 28 Jun, 2024 08:19am
China expels former defence minister from Communist Party BEIJING: Former Chinese defence minister Li Shangfu has been expelled from the ruling Communist Party for causing... Updated 28 Jun, 2024 07:36am
Oil market: Mid 80s is the new normal The see-saw in the oil market continues as peak summer season approaches in large demand centers. From the pessimism... Published 28 Jun, 2024 07:31am
Being Basic Automakers have often quoted lofty estimates for auto volumes in Pakistan, citing population growth and demographics... Published 28 Jun, 2024 07:29am
Interview with Aameer Karachiwalla, CEO – Khushhali Microfinance Bank Limited ‘The MSME sector is Pakistan's economic cornerstone’ Aameer Karachiwalla is the CEO of Khushhali Microfinance Bank... Published 28 Jun, 2024 07:24am
India: two-faced foreign policy EDITORIAL: Confirming media reports that India has been providing drones and artillery shells to his country in its... Published 28 Jun, 2024 06:42am
Country needs Operation Azm-e-Istehkam The ghastly attacks of September 11, 2001, on Twin Towers, tragically claimed lives of innocent Americans, who left... Published 28 Jun, 2024 06:42am
A very welcome initiative EDITORIAL: Education, the building block of socio-economic progress, primarily is a government responsibility. But ... Published 28 Jun, 2024 06:23am
Excessive govt expenditure EDITORIAL: If there were any doubts about whether the ruling elite realise the seriousness of the economic crisis... Published 28 Jun, 2024 06:15am
MENA Alif Investments CEO, who brought some major Pakistani brands to Dubai, believes ‘homework’ is key to success in emirate DUBAI: For the Pakistani diaspora living in Dubai, places that stoke memories and experiences from back home stand... Published 28 Jun, 2024 05:41am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (June 27, 2024)... Published 28 Jun, 2024 05:41am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (June 27, 2024).... Published 28 Jun, 2024 05:41am
Rates LME official prices LONDON: The following were Wednesday official prices. ========================================= ALUMINIUM... Published 28 Jun, 2024 05:41am
The Weather KARACHI: The weather report on Thursday (June 27, 2024) and the forecast for Friday (June 28, 2024)... Published 28 Jun, 2024 05:41am
Various sectors ‘Govt working diligently without discrimination’ LAHORE: Speaker Punjab Assembly Malik Muhammad Ahmad Khan on Thursday said that the current government is working... Published 28 Jun, 2024 05:41am
Assembly has authority to determine salaries, allowances for memebers LAHORE: Speaker Malik Muhammad Ahmad Khan on Thursday gave a significant ruling on the point of order raised by... Published 28 Jun, 2024 05:41am
Asia China gives cities over $316m in emergency relief amid deadly floods BEIJING: China has provided more than 2.3 billion yuan ($316.4 million) in funds to help with rescue efforts,... Published 28 Jun, 2024 05:41am
Europe ‘Climate neutral’ ad claims must be backed up: German court FRANKFURT, (Germany): Companies in Germany can only promote their products as “climate neutral” if they back up... Published 28 Jun, 2024 05:41am
Rates Activities at Karachi Port Trust and Port Qasim KARACHI: The Karachi Port Trust handled 144,053 tonnes of cargo comprising 87,854 tonnes of import cargo and 26,199... Published 28 Jun, 2024 05:41am
NATO can weather political storms in US, France: Stoltenberg BRUSSELS: NATO chief Jens Stoltenberg on Thursday said the “resilient” military alliance can ride out any... Published 28 Jun, 2024 05:41am
US Senate body probes 18 oil producers on price collusion with OPEC WASHINGTON: The US Senate budget committee on Thursday launched a probe of 18 domestic oil producers about any... Published 28 Jun, 2024 05:41am
Govt making all-out efforts towards ICT promotion: minister ISLAMABAD: State Minister for Information Technology (IT) and Telecommunication Shaza Fatima Khawaja has said that... Published 28 Jun, 2024 05:41am
Rates Index stays in green zone KARACHI: A bullish trend continued on Pakistan Stock Exchange on Thursday on the back of investor interest, mainly ... Published 28 Jun, 2024 05:41am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (June 27, 2024). ==================================== BR... Published 28 Jun, 2024 05:41am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Thursday (June 27, 2024). ======================================= Offset... Published 28 Jun, 2024 05:41am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (June 27, 2024).... Published 28 Jun, 2024 05:41am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Thursday (June 27, 2024). ======================== Open Bid Rs... Published 28 Jun, 2024 05:41am
CM for ensuring timely completion of uplift projects LAHORE: Chief minister Punjab Maryam Nawaz has directed to ensure timely completion of development projects in any... Published 28 Jun, 2024 05:41am
LDA DG for digital processing of sifted files LAHORE: Lahore Development Authority Director General Tahir Farooq directed the Chief IT Officer to establish a... Published 28 Jun, 2024 05:41am
OPDs condition in govt hospitals now getting better: ministers LAHORE: Commending the vice-chancellors, principals and medical superintendents for performing duties in the OPDs of... Published 28 Jun, 2024 05:41am
Railways Police return bag with Rs0.8m to owner LAHORE: The Railways Police, Lahore Division, in an exceptional demonstration of honesty and commitment towards... Published 28 Jun, 2024 05:41am
Grains Asia rice: High shipping cost dents Indian rates MUMBAI/BANGKOK/HANOI AND BENGALURU: Indian rice export prices fell this week as demand moderated due to a jump in... Published 28 Jun, 2024 05:41am
Stocks Japan’s Nikkei backpedals as yen intervention risks weigh TOKYO: Japan’s Nikkei share average fell on Thursday, giving up much of its gains from the previous session, as ... Published 28 Jun, 2024 05:41am
Stocks China stocks end lower as industrial profit growth slows SHANGHAI: China stocks closed down on Thursday as the country’s industrial profits rose at a much slower pace in... Published 28 Jun, 2024 05:41am
Stocks European shares subdued ahead of French elections PARIS: European shares slipped on Thursday on investor caution ahead of crucial global economic data and the first... Published 28 Jun, 2024 05:41am
Stocks Wall St listless as eyes on crucial inflation data NEW YORK: US stock indexes were flat on Thursday, as investors assessed a string of economic data ahead of the... Published 28 Jun, 2024 05:41am
Stocks Major Gulf markets gain on firm oil prices DUBAI: Major Gulf indexes closed higher on Thursday, as oil prices gained on worries that a potential expansion of... Published 28 Jun, 2024 05:41am
IG Sindh announces free hepatitis, HIV screenings for police force KARACHI: Inspector General (IG) of Sindh Police Ghulam Nabi Memon announced free screenings for hepatitis and HIV... Published 28 Jun, 2024 05:41am
Shortage of water in Block 3-A Gulistan-e-Johar KARACHI: Shortage of water has made life difficult for the residents of Gulistan-e-Johar Block 3-A. The senior ... Published 28 Jun, 2024 05:41am
Ombudsman orders water distribution on modern lines KARACHI: Provincial Ombudsman Dr Muhammad Sohail Rajput has said that the Water Board should develop water... Published 28 Jun, 2024 05:41am
Letters Rain brings cheers to Karachi residents It did rain yesterday, albeit briefly. But it significantly lowered temperature in the city of teeming millions,... Published 28 Jun, 2024 05:41am
Agriculture and Allied Punjab govt will provide Rs10bn loans to farmers: minister LAHORE: Punjab Minister for Agriculture and Livestock Syed Ashiq Hussain Kirmani on Thursday announced that the... Published 28 Jun, 2024 05:41am
US envoy agrees to strengthen collaboration on welfare initiatives LAHORE: US Consul General Lahore Kristin K Hawkins has agreed to strengthen collaboration between Pakistan and the ... Published 28 Jun, 2024 05:41am
Governor gives assent to Punjab Finance Bill 2024 LAHORE: Punjab Governor, Sardar Saleem Haider Khan Thursday assents the Punjab Finance Bill 2024. After the approval... Published 28 Jun, 2024 05:41am
Shujaat, Elahi resolve family disputes LAHORE: Former Punjab chief minister Chaudhry Parvez Elahi met with the PML-Q President Chaudhry Shujaat and agreed... Published 28 Jun, 2024 05:41am
Central Asian states can be beneficiary of CPEC: Aleem ISLAMABAD: Ambassador of Azerbaijan to Pakistan Khazar Farhadov called on Federal Minister for Privatization, Board... Published 28 Jun, 2024 05:41am
CTO Islamabad eases concerns of officers ISLAMABAD: Chief Traffic Officer (CTO) Islamabad Muhammad Sarfraz Virk held an orderly room meeting at Traffic ... Published 28 Jun, 2024 05:41am
Finally, Punjab to have local govt polls ISLAMABAD: After failing for over two years to hold local government elections in Punjab, the country’s largest... Published 28 Jun, 2024 05:41am
NA panels elect chairmen unanimously ISLAMABAD: The National Assembly Standing Committees of Energy (Petroleum Division), National Food Security and... Published 28 Jun, 2024 05:41am
PARTLY FACETIOUS: ‘Lions do not hibernate’ “I take strong exception to the army…” “Hush, hush, that is not a…” “Why don’t you let me finish... Published 28 Jun, 2024 05:41am
Maharaja Ranjit Singh’s statue installed at Gurdwara Kartarpur LAHORE: The statue of Maharajah Ranjit Sing, the first Sikh ruler of Punjab, has been permanently installed at... Published 28 Jun, 2024 05:41am
ECP counsel argues why ‘SIC cannot have reserved seats’ ISLAMABAD: Justice Yahya Afridi said when he read that non-Muslims cannot become members of the Sunni Ittehad ... Published 28 Jun, 2024 05:41am
Vision digitization: Huawei ready to share its experience with Pakistan SHANGHAI: When the world is ready to mark 2024 as the first year of commercial 5.5G and the integration of AI into a... Published 28 Jun, 2024 05:41am
IIAP welcomes inaugural flight of ‘Somon Air’ from Dushanbe KARACHI: Islamabad International Airport (IIAP) on Thursday welcomed the inaugural flight of Somon Air,... Published 28 Jun, 2024 05:41am
US again urges Pakistan to ‘fulfil’ constitutional, global obligations WASHINGTON: The United States has once again stressed Pakistan to fulfil its “constitutional and International... Published 28 Jun, 2024 05:41am
Govt to counter Congress motion thru NA: Dar ISLAMABAD: A day after the US House of Representatives demanded an independent probe into the February 8 Pakistan... Published 28 Jun, 2024 05:41am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 28 Jun, 2024 05:41am
Forex Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 28 Jun, 2024 05:41am
Commodities PMEX daily trading report KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR26.368 ... Published 28 Jun, 2024 05:41am
Commodities Asia coffee: Vietnam trade muted on low supplies HANOI/BANDAR LAMPUNG, (Indonesia): Trading activities remained sluggish in Vietnam on thin supplies with domestic... Published 28 Jun, 2024 05:41am
Cotton & Textile Spot rate firm amid lean business LAHORE: The local cotton market on Thursday remained steady and the trading volume remained low. Cotton Analyst... Published 28 Jun, 2024 05:41am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday, (June 27, 2024)... Published 28 Jun, 2024 05:41am
Commodities Copper rebounds from two-month low LONDON: Copper prices rose after touching more than two-month lows on Thursday as support from a weaker dollar ... Published 28 Jun, 2024 05:41am
Commodities Gold rises as traders brace for US inflation report BENGALURU: Gold prices rose on Thursday as the dollar softened, with the market spotlight on key US inflation data... Published 28 Jun, 2024 05:41am
Cotton & Textile Brazil set to be leading cotton exporter after 80pc surge in shipments SAO PAULO: Brazil is set to become the world’s largest cotton exporter in 2023/24, knocking the United States from... Published 28 Jun, 2024 05:41am
Commodities Iron ore sustains overnight gains BEIJING: Prices of iron ore futures extended climb for a third session on Thursday, buoyed by top consumer China’s... Published 28 Jun, 2024 05:41am
Energy Oil prices up on ME supply worries HOUSTON: Oil prices rose on Thursday as war in the Middle East kept stoking supply concerns, while an unexpected... Published 28 Jun, 2024 05:41am
Commodities Japanese rubber gains SINGAPORE: Japanese rubber futures rose on Thursday on the back of a Weaker yen, although gains were capped by lower... Published 28 Jun, 2024 05:41am
Energy US natgas futures end steady NEW YORK: US natural gas futures held steady on Thursday after a federal report showed last week’s storage build... Published 28 Jun, 2024 05:41am
Commodities Gold prices move slightly KARACHI: Gold prices on Thursday saw a little momentum on the local market despite the global bullion value dropped... Published 28 Jun, 2024 05:41am
Energy HCSTS voices concerns over ongoing ‘crackdown’ on LPG gas shops HYDERABAD: Muhammad Farooq Shaikhani, President, Hyderabad Chamber of Small Traders & Small Industry (HCSTSI),... Published 28 Jun, 2024 05:41am
Energy PPDA protests against ‘hoarding’ by OMCs KARACHI: The Pakistan Petroleum Dealers Association (PPDA) is agitating against the hoarding of fuel supply by the... Published 28 Jun, 2024 05:41am
Energy Gas distribution network: SSGC makes massive investments KARACHI: For tackling the challenges of reduced gas supply and low pressure issues along with simultaneous increase... Published 28 Jun, 2024 05:41am
Sri Lanka’s creditors demand deal details, including with China COLOMBO: Sri Lanka’s bilateral lenders who agreed to restructure close to $6 billion in loans have demanded... Published 28 Jun, 2024 05:41am
Industry CM Maryam for developing SMEs LAHORE: Terming the investment in small businesses essential for economic stability and prosperity, Chief Minister... Published 28 Jun, 2024 05:41am
Taxes PTA rejects discriminatory taxation in Federal Budget 2024 -25 ISLAMABAD: Pakistan Tea Association (PTA) has expressed his profound concerns and apprehensions vis-a-vis proposed... Published 28 Jun, 2024 05:41am
Punjab govt to bring new investments: minister LAHORE: Punjab Industry and Commerce Minister Chaudhry Shafi Hussain has said that the Punjab government would... Published 28 Jun, 2024 05:41am
Money & Banking EU watchdog calls out banks for inflating capital buffers LONDON: Banks in the European Union could be inflating the value of high-risk debt used to plug gaps in capital... Published 28 Jun, 2024 05:41am
Companies Toyota, affiliates to offload some $1bn in Aisin shares TOKYO: Toyota Motor and two affiliates will sell 33.9 million shares in group supplier Aisin, the companies said on... Published 28 Jun, 2024 05:41am
Money & Banking Most Asian currencies largely unchanged BENGALURU: South Korean shares lost more than 1% on Thursday to mark their worst day in more than two weeks after US... Published 28 Jun, 2024 05:41am
Money & Banking US dollar retreats after weak economic data NEW YORK/LONDON: The yen edged up from a 38-year low against the US dollar on Thursday, helped by softening US... Published 28 Jun, 2024 05:41am
Industry IT industry: Higher taxation to give big boost to brain drain: FPCCI KARACHI: Atif Iqbal Sheikh, President FPCCI, has raise concerns over the recently announced federal budget 2024–25... Published 28 Jun, 2024 05:41am
Industry LCCI, SBP mark Micro, Small & Medium-sized Enterprises Day LAHORE: Lahore Chamber of Commerce and Industry (LCCI) Thursday organized an important event in collaboration with... Published 28 Jun, 2024 05:41am
Taxes NTDC: FBR fails to charge minimum tax on turnover LAHORE: The Federal Board of Revenue (FBR) has failed to charge minimum tax on turnover from the National... Published 28 Jun, 2024 05:41am
Taxes ‘Tax net will be broadened with FCCI’s cooperation’ FAISALABAD: Tax net would be broadened with the active cooperation of FCCI so that much needed revenue could be... Published 28 Jun, 2024 05:41am
Companies NADRA to help KE enhance its service delivery ISLAMABAD: In a pioneering strategic partnership, the National Database and Registration Authority (NADRA) and... Published 28 Jun, 2024 05:41am
Industry ECC approves proposal to launch ‘Risk Coverage Scheme for SMEs’ ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Finance Division’s proposal to... Published 28 Jun, 2024 05:41am
Taxes e-invoicing integration: FBR grants licence to Haball ISLAMABAD: The Federal Board of Revenue (FBR) has granted license to M/s Haball (Pvt) Ltd, Karachi for the purpose ... Published 28 Jun, 2024 05:41am
Embrace SME financing as core business, SBP asks banks KARACHI: Saleemullah, Deputy Governor, State Bank of Pakistan (SBP) has termed the SME as lifeline of the economy ... Published 28 Jun, 2024 05:41am
Bugti inaugurates Chaman Master Plan CHAMAN: Balochistan Chief Minister, Mir Sarfraz Bugti, on Thursday said that steps were being taken for the... Published 28 Jun, 2024 05:41am
USA US issues fresh sanctions against Iran over nuclear escalations WASHINGTON: The United States on Thursday issued fresh sanctions targeting Iran in response to “continued nuclear... Published 28 Jun, 2024 12:45am
Hezbollah says fired rockets at Israeli base after attacks on Lebanon BEIRUT: Hezbollah said it fired “dozens” of rockets Thursday at a military base in northern Israel in retaliation... Published 28 Jun, 2024 12:27am
Pakistan long-term partner, but policy is to deny support to its long-range ballistic missile programme: US