Israel to send delegation for Gaza hostage negotiations: PM JERUSALEM: Israeli Prime Minister Benjamin Netanyahu announced Thursday he has agreed to send a delegation for talks... Published 04 Jul, 2024 11:17pm
Stocks After positive start, KSE-100 ends session on flat note After initial gains that propelled the benchmark index to near the 81,000 level, the Pakistan Stock Exchange (PSX)... Updated 04 Jul, 2024 11:08pm
Pakistan to host SCO meeting in October 2024: Foreign Office Islamabad holds rotating chairmanship of Shanghai Cooperation Organization’s Council of Heads of Government Updated 04 Jul, 2024 11:06pm
SCO summit: terrorism, extremism must be fought collectively, says PM Shehbaz There is no justification for killing innocent people or using the bogey of terrorism for political point-scoring, premier adds in address Updated 04 Jul, 2024 11:06pm
Israel unblocks some frozen funds for Palestinian Authority JERUSALEM: Israel has approved a new payment of more than $140 million to the Palestinian Authority after announcing... Published 04 Jul, 2024 10:51pm
Movies & Music Ambani wedding begins with traditional Gujarati ceremony Anant Ambani – the youngest son of Indian billionaire Mukesh Ambani – and Radhika Merchant’s wedding ceremonies... Updated 04 Jul, 2024 09:47pm
Mbappe says ‘urgent’ need to vote after ‘catastrophic’ French results HAMBURG: France captain Kylian Mbappe said Thursday it was “really urgent” to vote in the second round of... Published 04 Jul, 2024 09:33pm
Djokovic into Wimbledon third round after rookie scare LONDON: Seven-time Wimbledon champion Novak Djokovic was made to fight by British outsider Jacob Fearnley before... Published 04 Jul, 2024 09:31pm
Stocks Arif Habib Limited now expects KSE-100 to hit 109,000 by June 2025 Propelled by optimism over inking a “new longer and larger” programme with the International Monetary Fund (IMF) and... Updated 04 Jul, 2024 08:53pm
Stocks FTSE Russell downgrades Pakistan to frontier market from secondary emerging status In a key development, FTSE Russell has lowered Pakistan ranking to frontier market status from secondary emerging.... Updated 04 Jul, 2024 08:51pm
Business & Economy Non-filers: FBR blocks 210,000 SIM cards to ‘encourage’ tax payment KARACHI: Pakistan’s tax authority, the Federal Board of Revenue (FBR), said Thursday it has blocked 210,000 SIM... Updated 04 Jul, 2024 08:50pm
Exchange Rupee registers marginal decline against US dollar Currency settles at 278.50 against US dollar in inter-bank market Updated 04 Jul, 2024 08:48pm
Europe Putin says Taliban ‘our allies’ in fighting terrorism MOSCOW: Russian President Vladimir Putin said Thursday that the Taliban, a banned group in Russia, are Moscow’s... Published 04 Jul, 2024 08:44pm
Budgets After fresh tax: milk in Pakistan becomes more expensive than in France Milk prices in Pakistan surged by more than a fifth after a new tax was applied in the federal budget, making the... Published 04 Jul, 2024 07:44pm
Forex SBP-held foreign exchange reserves increase $494mn, now stand at $9.39bn Central bank says official inflows from multilateral agencies helped boost foreign currency reserves Published 04 Jul, 2024 07:26pm
Qatar pledges support for Pakistan’s climate-vulnerable sectors Both countries discuss collaboration on climate risk management, environment conservation, and other areas of interest Published 04 Jul, 2024 07:32pm
Energy Brent crude oil holds above $87 a barrel LONDON: Oil prices for Brent crude held above $87 a barrel on Thursday, near their highest level since late April... Updated 04 Jul, 2024 07:21pm
Europe Russian strike on gas facility kills one, Kyiv says KYIV: A Russian strike on a gas facility in the eastern region of Poltava killed person and wounded three others,... Published 04 Jul, 2024 07:06pm
Stocks Most Gulf markets gain on rate cut hopes Most stock markets in the Gulf ended higher on Thursday following soft U.S. labour market data that buoyed investor... Published 04 Jul, 2024 06:42pm
Middle East Israel weighs Hamas response to Gaza ceasefire proposal CAIRO/GAZA/OCCUPIED JERUSALEM: Israeli Prime Minister Benjamin Netanyahu will convene his security cabinet on... Updated 04 Jul, 2024 06:15pm
South Asia Indian preacher not hiding after stampede, lawyer says MAINPURI: The self-styled Indian preacher whose latest sermon ended in a deadly stampede is not hiding from police,... Updated 04 Jul, 2024 05:51pm
South Asia Six arrested in connection with stampede in north India, police say NEW DELHI: Indian police said on Thursday they had arrested six people in connection with the stampede at a Hindu... Published 04 Jul, 2024 05:46pm
Europe India’s Modi to visit Russia next week MOSCOW: Indian Prime Minister Narendra Modi will visit Russia on July 8 and 9, the Kremlin said Thursday, in his... Published 04 Jul, 2024 05:44pm
Stocks London stocks, pound climb as Britons head to polls LONDON: London’s stock market and the pound advanced versus the dollar Thursday as Britons voted in a general... Updated 04 Jul, 2024 05:35pm
Middle East Hezbollah vows to attack ‘new sites’ in Israel in response to commander’s killing BEIRUT: Senior Hezbollah official Hashem Safieddine threatened on Thursday to attack new locations within Israel as... Published 04 Jul, 2024 05:32pm
Wimbledon craves Murray magic, Djokovic in action LONDON: Andy Murray launches his Wimbledon farewell alongside his brother Jamie in the men’s doubles on Thursday as... Published 04 Jul, 2024 05:32pm
Commodities Asia rice: Thai, Vietnam prices drop; African demand slows on high freight rates Prices of rice exported from Thailand and Vietnam slipped this week on slow buying as traders await import policy... Published 04 Jul, 2024 05:27pm
Stocks Indian shares end flat; fall in HDFC Bank offsets IT gains BENGALURU: Indian shares ended Thursday on a flat note as a drop in heavyweight HDFC Bank offset gains across... Published 04 Jul, 2024 05:20pm
Stocks Sri Lanka shares end lower as utilities and energy stocks weigh CSE All Share index settled down 0.92% at 11,926.59 Published 04 Jul, 2024 05:16pm
Commodities Copper steady as potential interest rate cuts balance soft demand LONDON: Copper prices firmed slightly on Thursday as investors balanced optimism over potential U.S. interest rate... Published 04 Jul, 2024 05:15pm
Commodities Palm oil ends lower; export and production data in focus JAKARTA: Malaysian palm oil futures dropped on Thursday, tracking loss in the Dalian soyoil contract, while the... Published 04 Jul, 2024 05:09pm
Money & Banking Bank of Punjab to open offices in Bahrain, UAE The Board of Directors of the Bank of Punjab (BoP) has given its approval to the bank to establish a Wholesale... Updated 04 Jul, 2024 05:06pm
Movies & Music Music festivals seek greener footprint PARIS: Three planes, 270 tonnes of equipment, 800 square metres of stage: the figures from Madonna’s massive free... Published 04 Jul, 2024 04:53pm
Movies & Music Pakistani actor Fawad Khan to star in Bollywood film with Vaani Kapoor Pakistani star Fawad Khan and Bollywood actor Vaani Kapoor are set to star in a romantic comedy that will be shot... Updated 04 Jul, 2024 04:37pm
Industry Karachi-based textile unit announces closure KARACHI: In the throes of Pakistan’s worst economic crisis, a Karachi-based textile unit has announced to lock its... Updated 04 Jul, 2024 03:38pm
Netherlands face tough test against fired-up Turkiye BERLIN: A routine 3-0 win for Netherlands over Romania at Euro 2024 was overshadowed hours later by a tenacious... Published 04 Jul, 2024 03:23pm
India’s World Cup winners meet PM Modi before victory parade NEW DELHI: India’s T20 World Cup winners returned home to a heroes’ welcome Thursday, greeted by euphoric fans in... Updated 04 Jul, 2024 03:08pm
Commodities Gold price per tola increases Rs1,000 in Pakistan Gold prices in Pakistan registered gains for the second consecutive session on Thursday in line with an increase in... Published 04 Jul, 2024 03:07pm
Export growth: MoC angry with MoF for ignoring its budget proposals ISLAMABAD: The Commerce Ministry on Wednesday showed its wrath against the Finance Ministry for not making its... Updated 04 Jul, 2024 03:05pm
Amendment to SOEs law approved ISLAMABAD: The Senate Standing Committee on Finance has approved amendment in the State-Owned Enterprises (SOEs) law... Updated 04 Jul, 2024 03:04pm
Govt has decided to shut down PSM, Senate panel told ISLAMABAD: The government has decided to permanently shut down Pakistan Steel Mills (PSM), a state-owned enterprise... Updated 04 Jul, 2024 03:04pm
Forex Kenyan shilling steady as traders believe protests mostly over NAIROBI: The Kenyan shilling was flat in a quiet session on Thursday, as traders said they thought the worst... Published 04 Jul, 2024 02:46pm
Stocks Major Gulf markets gain on US rate cut hopes Most major stock markets in the Gulf rose in early trade on Thursday following soft US labour market data that... Published 04 Jul, 2024 02:45pm
Forex Ugandan shilling weakens on energy, manufacturing FX demand KAMPALA: The Ugandan shilling was weaker on Thursday, undercut by a pick-up in appetite for dollars from energy... Published 04 Jul, 2024 02:42pm
Europe Russian shelling wounds seven in Ukraine’s Dnipropetrovsk region, governor says KYIV: Russian shelling wounded seven people in the Ukrainian town of Nikopol in Dnipropetrovsk region on Thursday,... Published 04 Jul, 2024 02:34pm
Movies & Music Paramount, Skydance reach merger deal: reports NEW YORK: Entertainment giant Paramount Global and movie studio Skydance have reached a merger deal, just a few... Published 04 Jul, 2024 01:53pm
Stocks China shares end lower; Fed rate cut bets buoy Hong Kong stocks SHANGHAI: Mainland China stocks ended lower on Thursday, dragged by property shares, while Hong Kong shares rose... Published 04 Jul, 2024 01:46pm
Commodities London copper edges up on soft dollar Copper prices rose on Thursday on a weaker dollar, but poor economic data and softer physical demand at higher... Published 04 Jul, 2024 01:44pm
Europe Britons start voting in election expected to propel Labour to power LONDON: Britons began voting on Thursday in a parliamentary election that is expected to bring Keir Starmer’s Labour... Published 04 Jul, 2024 01:40pm
Andy Murray gets fans’ vote as Brits take centre stage at Wimbledon LONDON: Andy Murray launches his Wimbledon farewell alongside his brother Jamie on Thursday as the British take... Published 04 Jul, 2024 12:07pm
Europe UK general election in numbers LONDON: Here are some of the key numbers as UK voters go to the polls Thursday in a general election predicted to... Published 04 Jul, 2024 12:03pm
Neeraj Chopra: Indian farmer’s son who made Olympic history NEW DELHI: Neeraj Chopra returned home to India a national hero after winning Olympic javelin gold in 2021 but the... Published 04 Jul, 2024 11:52am
Europe Russia says it destroyed Ukrainian fighter jet, vehicles MOSCOW: Russia’s defence ministry on Thursday said its troops had destroyed a Mig-29 fighter jet during a strike on... Published 04 Jul, 2024 11:49am
Europe Russian attack in southern Ukraine kills two: regional governor KYIV: A Russian attack on Ukraine’s southern Zaporizhzhia region killed two people and wounded another, the local... Published 04 Jul, 2024 11:45am
Chinese premier calls for international AI cooperation SHANGHAI: Chinese Premier Li Qiang on Thursday called for global cooperation and a more open mindset in artificial... Published 04 Jul, 2024 11:43am
Mutual Funds Sri Lanka bond holders agree to take 28% haircut: govt COLOMBO: Sri Lanka’s private creditors have accepted a 28 percent haircut on $12.5 billion in sovereign bonds, the... Published 04 Jul, 2024 11:40am
PIACL sell-off: Govt to decide shares percentage after bids ISLAMABAD: The federal government will decide on the shares percentage of Pakistan International Airlines Company... Updated 04 Jul, 2024 11:38am
GM fined $146 million for lowballing vehicle emissions NEW YORK: General Motors will pay nearly $146 million in penalties for underestimating emissions produced by its... Published 04 Jul, 2024 11:30am
Belief returns for Toni Kroos and Germany before Spain showdown HERZOGENAURACH: Host nation Germany face Spain in Friday’s Euro 2024 quarter final in Stuttgart riding a wave of... Published 04 Jul, 2024 11:29am
Cristiano Ronaldo’s Portugal struggles continue ahead of Euros showdown with France HAMBURG: Cristiano Ronaldo has been Portugal’s main man for nearly two decades but the veteran forward is a long way... Published 04 Jul, 2024 11:24am
Stocks Asia stocks hit 27-month top, dollar slips on rate cut talk SYDNEY: Asia stocks hit 27-month highs on Thursday as softer US data narrowed the odds on a September rate cut... Published 04 Jul, 2024 11:01am
India’s solar output grows at slowest pace in six years in first half of 2024 SINGAPORE: India’s solar power generation grew at the slowest pace in six years in the first half of 2024, an... Published 04 Jul, 2024 10:58am
Hurricane Beryl strikes Jamaica as Caymans, Mexico brace for storm’s impact KINGSTON: Hurricane Beryl thrashed Jamaica with heavy winds and rain on Wednesday, killing at least one person after... Published 04 Jul, 2024 10:53am
Energy Aramco, ADNOC reportedly weighing bids for Australia’s Santos, but analysts sceptical Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) have been separately considering bids for Santos, Bloomberg... Published 04 Jul, 2024 10:48am
Commodities Palm opens up, tracking Dalian’s palm oil contracts JAKARTA: Malaysian palm oil futures rose slightly on Thursday, tracking gains on the palm oil contract at the Dalian... Published 04 Jul, 2024 10:43am
Forex China’s yuan rebounds from 7-1/2-month low after weaker-than-expected US data SHANGHAI: China’s yuan rebounded on Thursday from a 7-1/2-month low against the dollar hit a day earlier, thanks to... Published 04 Jul, 2024 10:41am
Forex Australian dollar hovers near six-month high on US rate outlook SYDNEY: The Australian dollar stood tall near a six-month high on Thursday, after cracking major resistance levels... Published 04 Jul, 2024 10:39am
Nissan, Honda consider partnering on software, charging infrastructure, Nikkei says TOKYO: Japanese automakers Nissan Motor and Honda Motor are considering using standardised automotive software and... Published 04 Jul, 2024 10:34am
Companies UK new car sales rose in June, preliminary industry data shows Registration of new cars in Britain increased “slightly” in June and the market crossed the half-year “million... Published 04 Jul, 2024 10:28am
IMF lauds economic decisions, efforts to hike gas prices Holds virtual talks with Pakistan on the efforts made in the budget to meet the conditions Updated 04 Jul, 2024 10:24am
Asia China’s Xi greets EU Council president ahead of EV tariffs taking effect BEIJING: China’s President Xi Jinping made a congratulatory call on Thursday to incoming European Council President... Published 04 Jul, 2024 10:23am
China’s BYD opens EV factory in Thailand, first in Southeast Asia RAYONG: China’s BYD opened an electric vehicle plant in Thailand on Thursday, the auto maker’s first factory in... Published 04 Jul, 2024 10:19am
Bullion Rate Gold inches up after weak data fuels US rate cut bets Gold prices drifted higher on Thursday after softer-than-expected US economic data fuelled hopes that the Federal... Published 04 Jul, 2024 10:16am
Coco Gauff steamrolls into third round at Wimbledon Second-seeded Coco Gauff cruised past Romanian Anca Todoni 6-2, 6-1 in the second round of Wimbledon on Wednesday in... Published 04 Jul, 2024 10:13am
Stocks South Korean shares hit 29-month high as auto, financial stocks jump SEOUL: Round-up of South Korean financial markets: South Korean shares rise on robust data; battery, biopharma... Published 04 Jul, 2024 10:11am
Stocks Miners, banks lift Australian shares after US data renews Fed rate-cut hopes Australian shares rose on Thursday led by miners and banks, after encouraging US data renewed hopes of the Federal... Published 04 Jul, 2024 10:07am
Stocks Japan’s Topix hits record high as banks and automakers rise TOKYO: Japan’s Topix hit a record high on Thursday, led by gains in automakers and banks, as the market expects a... Published 04 Jul, 2024 10:05am
Forex Indian rupee to inch up on relief for Asia FX after weak US data MUMBAI: The Indian rupee is expected to open higher on Thursday after weak US services and labor data prompted a... Published 04 Jul, 2024 09:59am
Forex Dollar on the defensive after soft data, little relief for yen TOKYO: The dollar was on the back foot on Thursday after US economic data continued to point to slowing growth,... Published 04 Jul, 2024 09:56am
KE to provide 40MW to NSCL through STDC: Nasir KARACHI: Provincial Energy Minister Syed Nasir Hussain Shah has said that through STDC, K-Electric will provide 40MW... Updated 04 Jul, 2024 09:53am
July-May of FY 2023-24: $7.547bn borrowed from multiple financing sources ISLAMABAD: The country borrowed $7.547 billion from multiple financing sources during the first 11 months (July-May)... Updated 04 Jul, 2024 09:52am
Mutual Funds Indian bond yields dip as US peers off key high level MUMBAI: Indian government bond yields were lower in the early session on Thursday following a slump in US peers as... Published 04 Jul, 2024 09:49am
Stocks IT leads Indian shares to record highs BENGALURU: Information technology companies led Indian shares higher on Thursday, in line with Asian peers, after... Published 04 Jul, 2024 09:47am
Preferential market access: two states agree to explore possibilities ISLAMABAD: Pakistan and Tajikistan have agreed to explore the provision of preferential market access for each... Updated 04 Jul, 2024 08:52am
Power load: PD submits revised proposal to Cabinet for rate cut ISLAMABAD: The Power Division is said to have submitted an altered proposal to the federal Cabinet to slash rates... Updated 04 Jul, 2024 08:51am
PM urges Tajikistan to use Karachi Port for transit trade DUSHANBE: Prime Minister Shehbaz Sharif on Wednesday invited Tajikistan to use Karachi Port for the transit trade... Updated 04 Jul, 2024 08:50am
FBR to sideline dozens of its ‘corrupt’ officials ISLAMABAD: The Federal Board of Revenue (FBR) is likely to place dozens of senior officials, allegedly involved in... Updated 04 Jul, 2024 08:49am
BR’s refresher: your morning briefing for the day Important updates from July 3, 2024 Published 04 Jul, 2024 08:47am
WPI bottomed out – what is next? The single-digit Wholesale Price Index (WPI) expectedly lasted only a month, as June 2024 saw the WPI at 10.6... Published 04 Jul, 2024 08:36am
Cement: No pressure! At last, the fiscal year that would go down in history as one of the gloomiest years for the economy and a... Published 04 Jul, 2024 08:31am
AGP Limited AGP Limited (PSX: AGP) was incorporated in Pakistan as a public limited company in 2014. The company is engaged in... Published 04 Jul, 2024 08:26am
Surge in exports EDITORIAL: Exports during July-June 2024 surged to 30,645 million dollars against 27,724 million dollars the year... Updated 04 Jul, 2024 08:23am
PARTLY FACETIOUS: ‘If the gods are on your side, then who cares about the Plebeians’ “The split within a political party…” “Is fodder for the gods.” “What, are you pagan? Gods indeed.” “That is an... Updated 04 Jul, 2024 08:22am
‘AI’ rapidly transforming landscape of healthcare, medicine: Experts LAHORE: Like other industries, artificial intelligence (AI) is rapidly transforming the landscape of healthcare and... Updated 04 Jul, 2024 08:10am
Zardari urges SCB’s Group CE to invest in agri sector ISLAMABAD: President Asif Ali Zardari asked a delegation led by Group Chief Executive of the Standard Chartered Bank... Published 04 Jul, 2024 08:08am
Customs’ values on import of ride-on toy cars/bikes from China revised ISLAMABAD: Directorate General of Customs Valuation Karachi has revised Customs values on the import of ride-on toy... Updated 04 Jul, 2024 08:05am
39 days of Iddat acceptable; says IK’s lawyer ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan’s counsel Salman Akram Raja in the Iddat... Published 04 Jul, 2024 08:02am
Belarus President due in October ISLAMABAD: President of Belarus, Alexander Grigoryevich Lukashenko will visit Islamabad in October to sign multiple... Published 04 Jul, 2024 07:59am
Putin, Xi vie for influence at Central Asian summit ASTANA (Kazakhstan): The leaders of Russia and China were in Kazakhstan on Wednesday for a regional summit, seeking... Published 04 Jul, 2024 07:57am
Taxes Fruits, vegetables: Exports may face downward trend due to load of taxes: PAHF KARACHI: Exporters have warned that export of fruit and vegetables may face a declining trend due to imposition of... Published 04 Jul, 2024 07:53am
Livestock Dept: adviser to CM briefed about reform process KARACHI: Advisor to CM Sindh for Livestock, Fisheries and Human Settlement Authority Syed Najmi Alam presided over... Published 04 Jul, 2024 07:51am
Sharjeel for prompt completion of BRTS projects KARACHI: Two separate high-level meetings regarding the Yellow Line BRT and Red Line BRT were held under the... Published 04 Jul, 2024 07:49am
Pakistan, Tajikistan agree for stronger Parliamentary Friendship Groups, regular exchanges DUSHANBE: Pakistan and Tajikistan on Wednesday agreed to strengthen the already constituted Parliamentary Friendship... Published 04 Jul, 2024 07:47am
Navy, FCCI discuss bilateral cooperation FAISALABAD: Rear Admiral Azhar Mahmood SI (M) Commander Central Punjab and Commandant of the Pakistan Naval War... Published 04 Jul, 2024 07:42am
Ministers slam opposition MPAs for ‘rowdy’ behaviour LAHORE: The provincial Minister for Information and Culture Azma Bokhari said on Wednesday that the members of... Published 04 Jul, 2024 07:40am
PFA launches operation against ‘adulteration mafia’ LAHORE: The food safety teams of the Punjab Food Authority (PFA) on Wednesday carried out a grand operation against... Updated 04 Jul, 2024 07:39am
Companies Jazz, Google, Tech Valley celebrate success of ‘Digital Safar’ programme ISLAMABAD: Jazz in collaboration with Google and Tech Valley, a social enterprise, celebrated the success of their... Published 04 Jul, 2024 07:36am
Industry KATI chief urges govt to provide urgent relief to industries KARACHI: President of the Korangi Association of Trade and Industry (KATI), Johar Qandhari, has called on the... Published 04 Jul, 2024 07:34am
Europe Labour predicted to eject Tories in UK election LONDON: Britain’s political leaders made a final push for votes Wednesday on the last day of an election campaign... Published 04 Jul, 2024 07:31am
Africa Under-fire Kenya govt says to review state salary hikes NAIROBI: The Kenyan presidency said Wednesday it had ordered a review of salary increases for public servants in an... Published 04 Jul, 2024 07:27am
Middle East Khamenei urges turnout after voters shun first presidential round TEHRAN: Iran’s supreme leader Ayatollah Ali Khamenei called Wednesday for voters to participate in Friday’s... Published 04 Jul, 2024 07:24am
Money & Banking Japan launches banknotes with hologram portraits TOKYO: Japan began circulating its first new banknotes in 20 years on Wednesday, featuring three-dimensional... Published 04 Jul, 2024 07:22am
Companies Shell launches country’s first-ever recycled plastic retail site KARACHI: Shell Pakistan Limited (SPL) has launched Pakistan’s first-ever recycled plastic retail site, Malik... Published 04 Jul, 2024 07:16am
Energy SSGC lays down dedicated gas pipelines in Karachi & Hub KARACHI: Sui Southern Gas Company (SSGC) has laid down dedicated gas supply pipelines in different areas to ensure... Published 04 Jul, 2024 07:14am
PCB starts tendering process for TV broadcast rights LAHORE: The Pakistan Cricket Board (PCB) has started the tendering process for the acquisition of television... Published 04 Jul, 2024 07:12am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Wednesday (July 03, 2024). ======================================= Offset... Published 04 Jul, 2024 07:08am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (July 03, 2024)... Published 04 Jul, 2024 07:06am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (July 03, 2024).... Published 04 Jul, 2024 07:06am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (July 03, 2024).... Published 04 Jul, 2024 07:04am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Wednesday (July 03, 2024). ======================== Open Bid ... Published 04 Jul, 2024 07:04am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 04 Jul, 2024 07:04am
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 04 Jul, 2024 06:47am
Rates LME official prices LONDON: The following were Tuesday official prices. ========================================= ALUMINIUM... Published 04 Jul, 2024 06:47am
The Weather KARACHI: The weather report on Wednesday (July 03, 2024) and the forecast for Thursday (July 04, 2024)... Published 04 Jul, 2024 06:44am
Letters Slums: change starts from within—literally! What do you think of when you hear ‘slums?’ Slums are overcrowded, non-durable, and unsanitary residence areas... Published 04 Jul, 2024 06:43am
A ship without the leader Just a name. Just a designation. Just a title. Just a nobody. Imagine being in the highest seat and being powerless.... Published 04 Jul, 2024 06:38am
Year of global shockwaves We’re only halfway through the year, and already 2024 has produced more high-voltage political shockwaves than any... Published 04 Jul, 2024 06:28am
MQM (P)-PPP spat EDITORIAL: The Sindh High Court ordered to scrap the entire recruitment process initiated last year by the PPP... Published 04 Jul, 2024 06:21am
Design flaws in Neelum-Jhelum project EDITORIAL: In yet more bad news for Pakistan’s blighted power sector, serious design flaws have been identified in... Published 04 Jul, 2024 06:17am
Pharma, healthcare sectors also reeling amid economic crisis KARACHI: Pakistan’s economy and its people are facing a health crisis. With an economy burdened by high debt and... Published 04 Jul, 2024 06:09am
Energy Tanveer urges govt to annul agreements with IPPs forthwith LAHORE: Patron-in-Chief United Business Group (UBG), S M Tanveer, has strongly urged the federal government to ... Published 04 Jul, 2024 05:47am
Standard Chartered: Message from Mr. Syed Baber Ali Founder, Packages Limited I congratulate Standard Chartered Bank on its 160th anniversary. Our Group’s relationship with Standard Chartered... Published 04 Jul, 2024 05:47am
Standard Chartered: Message from Mr. Abbas D. Habib Chairman, Bank AL Habib Congratulations to Standard Chartered Bank on completion of over 160 years of successful operations in Pakistan,... Published 04 Jul, 2024 05:47am
Standard Chartered: Message from Ms. Musharaf Hai Well, my experience with SCB started with the first pay check - way back! It’s been a memorable journey, being ... Published 04 Jul, 2024 05:47am
Standard Chartered: Message from Mr. CS Kim CEO, SAPT Our collaboration with Standard Chartered Pakistan has been a vital part of our journey. SCB, through its provision... Published 04 Jul, 2024 05:47am
Standard Chartered: Message from Mr. F. S. AIJAZUDDIN, OBE, FCA Ex-Chairman and CEO of (IGI) and Ex-CEO of First International Investment Bank KYC is the mantra that banks should... Published 04 Jul, 2024 05:47am
Standard Chartered: Message from Mr. Mian Mohammad Mansha Chairman, MCB Bank Limited We offer our heartfelt congratulations to Standard Chartered Bank and Rehan Shaikh on this remarkable achievement of... Published 04 Jul, 2024 05:47am
Standard Chartered: Message from Mr. Muhammad Ali Tabba CEO, Lucky Cement Limited Lucky Group congratulates SCB Pakistan on completing 160 years of operations in Pakistan, a remarkable milestone ... Published 04 Jul, 2024 05:47am
Standard Chartered: Message from Mr. Syed Moonis Abdullah Alvi CEO, K-Electric Over the past many years, we have trusted Standard Chartered’s expertise in arranging various ECA/DFI backed... Published 04 Jul, 2024 05:47am
Standard Chartered: Message from Ms. Erum Shakir Rahim CEO and Executive Director GSK Standard Chartered Bank has been a trusted partner for many years, providing us with essential corridor network and... Published 04 Jul, 2024 05:47am
Standard Chartered: Message from Mr. Umar Ahsan Khan CEO, Dawlance Throughout our partnership with SCB Pakistan, their expertise in trade finance and working capital solutions... Published 04 Jul, 2024 05:47am
Standard Chartered: Message from Mr. Hussain Dawood Chairperson, Engro Group Congratulations to Standard Chartered Bank Pakistan on their 160-year journey in the region. Throughout our... Published 04 Jul, 2024 05:47am
Standard Chartered: Message from Mr. Amir Paracha CEO, Unilever Pakistan For Unilever Pakistan, Standard Chartered Pakistan has been more than just a financial institution - it is our... Published 04 Jul, 2024 05:47am
Standard Chartered: Message from Mr. Syed Ali Akbar MD & CEO, Pakistan Tobacco Company Congratulations to SCB Pakistan on celebrating 160 years of excellence! Over the course of our three-decade long... Published 04 Jul, 2024 05:47am
Standard Chartered: Message from Mr. Aftab Tapal Chairman, Tapal Tea Congratulations to SCB Pakistan on celebrating 160 years of excellence! Over the course of our long-standing... Published 04 Jul, 2024 05:47am
Standard Chartered: Message from Mr. Arslan Khan Vice President, Country Manager Pakistan, Mastercard As we celebrate the 160th anniversary of Standard Chartered Bank in Pakistan, Mastercard extends its warmest... Published 04 Jul, 2024 05:47am
Standard Chartered: Accelerating zero First-ever USD-denominated green issuance by a Pakistani corporation Acting as a Joint Bookrunner, we successfully... Published 04 Jul, 2024 05:47am
Standard Chartered: Diversity & inclusion Unlocking the potential of our unique diversity - at Standard Chartered, we define diversity as the broad range of... Published 04 Jul, 2024 05:47am
Standard Chartered: Saadiq Islamic Standard Chartered is proud to be the first International bank in Pakistan to get an Islamic banking license and to... Published 04 Jul, 2024 05:47am
Standard Chartered: Message from the CEO Standard Chartered Pakistan Mr. Rehan Shaikh As we celebrate the 160th anniversary of Standard Chartered's presence in Pakistan, I am profoundly honoured and... Published 04 Jul, 2024 05:47am
Standard Chartered: Message from the Group CEO Standard Chartered Mr. Bill Winters As we celebrate our 160th anniversary in Pakistan, I reflect with immense pride on the legacy of our franchise in ... Published 04 Jul, 2024 05:47am
Standard Chartered: Message from the Governor State Bank of Pakistan Mr. Jameel Ahmad On behalf of State Bank of Pakistan, I am delighted to extend my heartfelt congratulations to Standard Chartered ... Published 04 Jul, 2024 05:47am
Standard Chartered: Message from the Finance Minister of the Islamic Republic of Pakistan Mr. Muhammad Aurangzeb I am very pleased to congratulate Standard Chartered Bank Pakistan for its 160th anniversary in Pakistan. Over the... Published 04 Jul, 2024 05:47am
Standard Chartered: Message from the Prime Minister of the Islamic Republic of Pakistan Mr. Shehbaz Sharif I would like to extend my heartfelt felicitations to Standard Chartered Bank Pakistan on its 160th anniversary.... Published 04 Jul, 2024 05:47am
Industry CPEC offers opportunity to strengthen educational sector as well: PCJCCI chief LAHORE: Moazzam Ghurki, President Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) highlighted that... Published 04 Jul, 2024 05:47am
Weather forecast responsibility: PMD conveys its concerns to PM against NDMA LAHORE: The director general of Pakistan Meteorological Department (PMD) has conveyed his reservations to Prime... Published 04 Jul, 2024 05:47am
‘Those who broadcast slander also corrupt those who hear it’: SC ISLAMABAD: The Supreme Court said the broadcaster of slander cannot take refuge in saying that he is not the... Published 04 Jul, 2024 05:47am
PTI accuses CJP of ‘wilfully’ stalling judicial matters ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Wednesday accused the country’s Chief Justice Qazi Faez Isa of being... Published 04 Jul, 2024 05:47am
Payment of fine to victims’ families: IHC turns down defence ministry’s, others’ appeals ISLAMABAD: The Islamabad High Court (IHC), Wednesday, turned down the Ministry of Defense and others’ appeals... Published 04 Jul, 2024 05:47am
IDEAS to foster strategic ties with world community: Sindh CM KARACHI: Sindh Chief Minister Syed Murad Ali Shah Wednesday said “hosting the 12th edition of IDEAS underscores ... Published 04 Jul, 2024 05:47am
JI Karachi chief calls on Iranian CG KARACHI: Jamaat-e-Islami (JI) Karachi Chief, Munem Zafar along a delegation on Wednesday called on Iranian Consul... Published 04 Jul, 2024 05:47am
Five killed in Bhakkar road mishap BHAKKAR: In a most horrific incident, five people were killed while nine were seriously wounded when two vehicles... Published 04 Jul, 2024 05:47am
Head coach cites lack of cricketing skills in T20I World Cup LAHORE: Head coach of the Pakistan cricket team Gary Kirsten has cited lack of cricketing skills, physical fitness... Published 04 Jul, 2024 05:47am
Israel approves biggest West Bank land seizure OCCUPIED JERUSALEM: Israel has approved its biggest land seizure in the occupied West Bank in more than three... Published 04 Jul, 2024 05:47am
Hezbollah fires rockets at Israeli positions after commander killed BEIRUT: Hezbollah said it fired more than 100 rockets at Israeli positions on Wednesday in retaliation for a strike... Published 04 Jul, 2024 05:47am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (July 03, 2024). ==================================== BR... Published 04 Jul, 2024 05:47am
Commodities Gold prices soar KARACHI: The local gold prices on Wednesday surged with the global bullion value nearing $2350 an ounce, traders... Published 04 Jul, 2024 05:47am
New York State Assembly leader seeks better economic, education ties with Pakistan KARACHI: Deputy Speaker of New York State Assembly Phil Ramos said on Wednesday that the mission of their visit to... Published 04 Jul, 2024 05:47am
International DNA Day IBPB 5.0 marked at SSUET KARACHI: The Biomedical Engineering Department of Sir Syed University of Engineering & Technology (SSUET)... Published 04 Jul, 2024 05:47am
‘Action taken against three flour mills’ LAHORE: The Punjab Food Department (PFD) during its ongoing crackdown against the flour mills, dealers and retailers... Published 04 Jul, 2024 05:47am
Cotton & Textile Mills take interest in fresh buying of cotton LAHORE: The local cotton market on Wednesday remained steady and the trading volume remained satisfactory. Cotton... Published 04 Jul, 2024 05:47am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (July 03, 2024)... Published 04 Jul, 2024 05:47am
Commodities Gold higher on softer dollar ahead of US Fed minutes BENGALURU: Gold prices strengthened on Wednesday as the dollar eased after dovish comments from Federal Reserve ... Published 04 Jul, 2024 05:47am
Rates Activities at Karachi Port Trust and Port Qasim KARACHI: The Karachi Port Trust handled 140,782 tonnes of cargo comprising 100,129 tonnes of import cargo and 40,653... Published 04 Jul, 2024 05:47am
Commodities Malaysian palm oil futures easier JAKARTA: Malaysian palm oil futures declined on Wednesday, snapping five consecutive sessions of gains, on likely... Published 04 Jul, 2024 05:47am
Commodities PMEX daily trading report KARACHI: On Tuesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 21.128 billion... Published 04 Jul, 2024 05:47am
Energy Oil prices up slightly NEW YORK: Oil prices were up slightly on Wednesday after a larger-than-expected decline in US crude stocks, but thin... Published 04 Jul, 2024 05:47am
Commodities EU wheat prices lower PARIS: European wheat dipped on Wednesday on improved forecasts for the Russian wheat harvest, which are likely to... Published 04 Jul, 2024 05:47am
Commodities Copper extends gains on Chinese demand LONDON: Copper prices rose for a fourth straight session on Wednesday, buoyed by signs of firmer demand in China,... Published 04 Jul, 2024 05:47am
Commodities Japanese rubber futures down SINGAPORE: Japanese rubber futures eased on Wednesday as weak demand weighed on the market, although higher crude ... Published 04 Jul, 2024 05:47am
Commodities Iron ore extends gains on demand, China stimulus hopes BEIJING: Iron ore futures prices rose for a fourth straight session on Wednesday to their highest level in nearly... Published 04 Jul, 2024 05:47am
Energy US natural gas prices fall NEW YORK: US natural gas futures held near a seven-week low on Wednesday as the market waits for direction from what... Published 04 Jul, 2024 05:47am
Stocks Most Gulf markets gain on US rate cut bets DUBAI: Most stock markets in the Gulf ended higher on Wednesday as comments from Federal Reserve Chair Jerome Powell... Published 04 Jul, 2024 05:47am
Stocks Nikkei rises as tech stocks track US growth shares TOKYO: Japan’s Nikkei share average rose for a fourth consecutive day on Wednesday, as heavyweight technology... Published 04 Jul, 2024 05:47am
Stocks China stocks fall on soft economic data HONG KONG: China stocks fell on Wednesday as data showed the country’s services activity growth hit an eight-month... Published 04 Jul, 2024 05:47am
Stocks European shares rise as Fed rate cut bets firm PARIS: European shares rose on Wednesday, as dovish comments from Federal Reserve Chair Jerome Powell and fresh US... Published 04 Jul, 2024 05:47am
Stocks S&P 500, Nasdaq post record closing highs NEW YORK: The S&P 500 index and technology-laden Nasdaq rose on Wednesday to post record high closes, as data... Published 04 Jul, 2024 05:47am
Balochistan spends Rs3.39bn extra on operating expenses in FY 2023-24 QUETTA: Balochistan's fiscal management comes under scrutiny as it emerges that the provincial government exceeded... Published 04 Jul, 2024 05:47am
BISP supporting poor women: chairperson ISLAMABAD: Chairperson BISP Rubina Khalid said that BISP was supporting the poor women of the country for economic... Published 04 Jul, 2024 05:47am
Sale of properties by army personnel: Citizen approaches LHC against exemption of tax LAHORE: A citizen Mashkoor Hussain on Wednesday approached the Lahore High Court (LHC) against the exemption of... Published 04 Jul, 2024 05:47am
Justice Ali Zia Bajwa rescues himself from petitions LAHORE: Justice Ali Zia Bajwa of the Lahore High Court on Wednesday rescued himself from the petitions of PTI ... Published 04 Jul, 2024 05:47am
LDA seals over 40 illegal properties LAHORE: In an operation against illegal constructions and commercial buildings, the Lahore Development Authority... Published 04 Jul, 2024 05:47am
LG Minister directs CEOs to complete outsourcing of sanitation services LAHORE: Punjab Local Government Minister Zeeshan Rafique has directed the chief executive officers (CEOs) of waste... Published 04 Jul, 2024 05:47am
President for women empowerment ISLAMABAD: President Asif Ali Zardari on Wednesday called for financial autonomy of women and improving their access... Published 04 Jul, 2024 05:47am
Two cops martyred in Kandhkot KANDHKOT: Two police personnel were martyred while three were injured when dacoits attacked a police check post in... Published 04 Jul, 2024 05:47am
Former senator Hidayat Ullah among four killed in Bajaur bomb attack PESHAWAR: A former Senator from the tribal district of Bajaur and three others were killed when their vehicle was... Published 04 Jul, 2024 05:47am
Pakistan-US security cooperation to continue: Pentagon WASHINGTON: The United States has declared that the security cooperation with Pakistan with chief focus on... Published 04 Jul, 2024 05:47am
Japanese climber dies in Pakistan mountain fall GILGIT: A Japanese climber fell to his death while descending a mountain in Pakistan, a local official told AFP... Published 04 Jul, 2024 05:47am
KSA eases tourist visa requirements for Pakistanis KARACHI: Saudi Arabia, one of the top international destinations for Pakistani travellers, has eased tourist visa... Published 04 Jul, 2024 05:47am
PM meets Putin, stresses need for increased bilateral cooperation ASTANA: Prime Minister Shehbaz Sharif on Wednesday met with Russian President Vladimir Putin wherein he emphasised... Published 04 Jul, 2024 05:47am
Rates PSX hits historic high KARACHI: Pakistan Stock Exchange on Wednesday made new history and closed on highest-ever level on the back of... Published 04 Jul, 2024 05:47am
Companies AHL joins SLIC as key distribution partner for insurance solutions KARACHI: State Life Insurance Corporation of Pakistan (SLIC) and Arif Habib Limited (AHL) have teamed up in a... Published 04 Jul, 2024 05:47am
Industry LTA President parts ways with FPCCI Mian Anjum group LAHORE: In a significant development, the President of the Lahore Traders Association, Majahid Maqsood Butt,... Published 04 Jul, 2024 05:47am
Taxes Tax exemption to pensioners costs kitty Rs78bn ISLAMABAD: The income tax exemption to pensioners has caused an annual revenue loss of Rs 78 billion to the national... Published 04 Jul, 2024 05:47am
Chagai: MPCL granted two exploration licences KARACHI: The Directorate General Mines and Minerals Balochistan has granted two Exploration Licences EL-322 and... Published 04 Jul, 2024 05:47am
LED bulb parts, LED light parts: Customs’ values on import from China revised ISLAMABAD: Directorate General of Customs Valuation Karachi has revised Customs values on the import of LED bulb... Published 04 Jul, 2024 05:47am
Export of agro and food products soars to $8bn KARACHI: Pakistan has witnessed a remarkable surge in the exports of agro and food products during the financial ... Published 04 Jul, 2024 05:47am
Money & Banking Indian rupee ends little changed MUMBAI: The Indian rupee closed marginally weaker on Wednesday as dollar demand from local corporates and state-run... Published 04 Jul, 2024 05:47am
Money & Banking Yuan slides to seven-month low HONG KONG: China’s yuan skidded to a seven-month low against the dollar on Wednesday on weak economic data and as... Published 04 Jul, 2024 05:47am
Money & Banking Yen skids to fresh 38-year low; US dollar tumbles NEW YORK: The yen sank to a fresh 38-year low against the US dollar and a record trough versus the euro on ... Published 04 Jul, 2024 05:47am
Special purpose FCAs: Banks told to submit report as per revised code list KARACHI: The State Bank of Pakistan (SBP) has revised the code list pertaining to reporting of Special Purpose... Published 04 Jul, 2024 05:47am
Rice exports hit historic high of $3.88bn in FY24 KARACHI: For the first time in the history, Pakistan’s rice sector has achieved a historic milestone of $ 3.88... Published 04 Jul, 2024 05:47am
EU gives conditional nod to Lufthansa’s proposed ITA Airways stake BRUSSELS: The EU on Wednesday announced its conditional approval for German airline Lufthansa’s proposed stake in... Published 04 Jul, 2024 05:47am
Hamas says it has sent mediators new 'ideas' on halting Israel war The Hamas group said Wednesday it had sent new "ideas" to Qatari mediators on ending the nearly nine-month Gaza war... Published 04 Jul, 2024 12:23am