News Archives for Latest - 2024-07-11

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Archive - 2024-07-11

First Israeli military report on Oct. 7 attack finds army failed to protect civilians

JERUSALEM: The Israeli military published on Thursday the findings of a first probe into its own security failings...

Published 11 Jul, 2024 11:53pm

US to wind down Gaza pier operations soon, Pentagon says

WASHINGTON: The U.S. military’s humanitarian pier off the coast of Gaza, which has been hampered by bad weather and...

Published 11 Jul, 2024 11:41pm

Pakistan, Azerbaijan discuss $2bn investment boost in mutually beneficial projects

PM Shehbaz Sharif receives President Ilham Aliyev on his arrival in Pakistan on two-day visit

Updated 11 Jul, 2024 10:46pm

Energy

Indian state refiners in talks for long-term oil import deal with Russia, govt source says

NEW DELHI: India’s state-run refiners are jointly negotiating a long-term oil import deal with Russia, a government...

Updated 11 Jul, 2024 10:40pm

Exchange

Rupee sees minor decline against US dollar

Currency settles at 278.61 against the greenback in inter-bank market

Updated 11 Jul, 2024 10:39pm

Companies

Fleet Space Technologies’ ExoSphere to be used for Reko Diq exploration

Fleet Space Technologies of Australia will deploy ExoSphere, an end-to-end mineral exploration solution, to advance...

Updated 11 Jul, 2024 10:37pm

Netanyahu demands Israeli control of Gaza territory on Egypt border

JERUSALEM: Prime Minister Benjamin Netanyahu demanded Thursday that Israel retain control of key Gaza territory...

Published 11 Jul, 2024 10:31pm

No plans to enter into talks with banned TTP, says FO

Foreign Office Spokesperson Mumtaz Zahra Baloch says terrorist entity is responsible for killing Pakistani and foreign citizens inside Pakistan

Updated 11 Jul, 2024 10:18pm

Reserved seats case: Supreme Court to announce verdict on Friday

Full court, led by CJP Isa, will announce judgement tomorrow at 12pm

Updated 11 Jul, 2024 10:17pm

Taxes

PM Shehbaz directs third-party audit of WeBOC

Prime Minister Shehbaz Sharif on Thursday has directed relevant authorities to conduct a third-party audit of Web...

Updated 11 Jul, 2024 10:16pm

Stocks

London stocks end higher on boost from utilities

UK stocks closed higher on Thursday, propelled by utilities shares, while an unexpected fall in U.S. inflation...

Published 11 Jul, 2024 09:43pm

Stocks

Wall Street choppy as inflation data lifts small-cap stocks

Wall Street’s main stock indexes struggled for direction on Thursday as investors favored rate-sensitive small-cap...

Published 11 Jul, 2024 08:50pm

Stocks

Most Gulf markets in black ahead of US inflation test

Most stock markets in the Gulf ended higher on Thursday as traders awaited key U.S. data that was expected to show...

Published 11 Jul, 2024 08:46pm

Forex

SBP-held foreign exchange reserves increase $16mn, now stand at $9.4bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $16 million on a weekly basis,...

Published 11 Jul, 2024 08:24pm

Concerted efforts afoot to reduce electricity price: energy minister

Sardar Awais Ahmad Khan says subsidy of Rs65 billion granted to erstwhile FATA in current budget

Updated 11 Jul, 2024 07:33pm

Middle East

Erdogan says Biden, US complicit in alleged Israeli war crimes

ANKARA: Turkish President Tayyip Erdogan has said US President Joe Biden and his administration are complicit in...

Published 11 Jul, 2024 07:30pm

Commodities

Copper slips as rising stocks highlight poor demand prospects

LONDON: Copper prices slipped on Thursday as poor demand prospects particularly in top consumer China and an...

Published 11 Jul, 2024 06:44pm

Stocks

KSE-100 ends with 151-point gain after volatile trading

The Pakistan Stock Exchange (PSX) witnessed a volatile session on Thursday, as its benchmark KSE-100 Index swayed in...

Published 11 Jul, 2024 06:34pm

Commodities

Malaysian palm oil futures up despite higher inventories

NEW DELHI: Malaysian palm oil futures settled higher on Thursday even as an industry regulator said inventories in...

Published 11 Jul, 2024 06:41pm

Energy

Oil edges up as US inflation data raises rate cut hopes

LONDON: Oil prices rose on Thursday with the Brent benchmark holding above $85 a barrel, as hopes rose for rate cuts...

Updated 11 Jul, 2024 06:39pm

MENA

Bodies trapped in Gaza City under Israeli assault as mediators push for truce

CAIRO: Residents of Gaza City were trapped in houses and bodies lay uncollected in the streets under an intense new...

Updated 11 Jul, 2024 06:27pm

South Asia

China warns NATO against ‘provoking confrontation’ over Russia ties

BEIJING: China on Thursday warned NATO against “provoking confrontation” over its ties with Russia, after the...

Published 11 Jul, 2024 06:10pm

Europe

Turkiye’s Erdogan warns against NATO-Russia conflict

ISTANBUL: Turkish President Recep Tayyip Erdogan said Thursday that any possibility of a direct confrontation...

Published 11 Jul, 2024 05:53pm

South Asia

Iran’s acting foreign minister says indirect talks with US ongoing via Oman

DUBAI: Iran is still conducting indirect nuclear talks with the United States via Oman, Iran’s Etemad newspaper on...

Published 11 Jul, 2024 05:43pm

Commodities

Asia rice: Vietnam, Thai rates dip as eyes turn to India rice export policy

Rice export prices from Vietnam slipped to their lowest levels in a year, and Thai rates also dropped this week amid...

Published 11 Jul, 2024 05:36pm

Companies

PepsiCo quarterly revenue misses estimates as demand slows for snacks, sodas

PepsiCo missed expectations for second-quarter revenue on Thursday as a series of price hikes and competition from...

Published 11 Jul, 2024 05:24pm

Europe

Norway to donate $93mn to Ukraine for air defence, PM says

COPENHAGEN: Norway will donate 1 billion crowns ($92.69 million) in support to Ukraine for its air defence, Prime...

Published 11 Jul, 2024 05:21pm

Europe

Russian diplomat says Moscow won’t attend a second Ukraine peace summit

MOSCOW: Russia will not attend a follow-up to last month’s Ukraine peace summit, state news agency RIA quoted Deputy...

Published 11 Jul, 2024 05:17pm

Stocks

Indian shares end muted on caution ahead of earnings

BENGALURU: Indian shares closed broadly unchanged on Thursday, swinging from a higher open to succumbing to...

Published 11 Jul, 2024 05:09pm

Stocks

Sri Lankan shares inch down as healthcare stocks fall

CSE All Share index settled down 0.08% at 11,802.26

Published 11 Jul, 2024 05:06pm

Commodities

Gold price per tola increases Rs1,200 in Pakistan

Gold prices in Pakistan registered gains on Thursday in line with an increase in the international rate. In the...

Published 11 Jul, 2024 04:32pm

Europe

Kremlin says NATO’s military infrastructure is creeping closer to its borders, TASS reports

MOSCOW: The Kremlin said on Thursday it was watching as NATO’s military infrastructure moved closer towards Russia’s...

Published 11 Jul, 2024 03:14pm

Stocks

London shares muted ahead of US data; UK economy grows faster in May

UK shares were flat on Thursday, as losses in aerospace and defence stocks offset broader gains across other...

Published 11 Jul, 2024 02:52pm

Forex

South African rand gains, focus on US inflation data

JOHANNESBURG: The South African rand was stronger in early trading on Thursday, as investors focused on key US...

Published 11 Jul, 2024 02:34pm

Energy

IEA sees oil demand growth slowing as China’s share ebbs

LONDON: Global oil demand growth will slow to just under a million barrels per day (bpd) this year and next, the...

Published 11 Jul, 2024 02:32pm

Stocks

Most major Gulf markets steady ahead of US inflation test

Most major stock markets in the Gulf were little changed in early trade on Thursday, while the Saudi market was...

Published 11 Jul, 2024 02:28pm

NEXT BASKET launches with SaaS solution, additional services for higher efficiency

NEXT BASKET has launched with a SaaS solution for greater efficient online business management, stated a press...

Published 11 Jul, 2024 02:26pm

Commodities

Jordan tenders to buy up to 120,000 T feed barley, traders say

HAMBURG: Jordan’s state grains buyer has issued an international tender to purchase up to 120,000 metric tons of...

Published 11 Jul, 2024 02:26pm

Commodities

Copper slips in London as high inventories weigh

Copper prices fell in London on Thursday as rising inventories signalled an oversupplied market, caused by strong...

Published 11 Jul, 2024 02:24pm

After disappointment fades, Dutch can look back on Euros with satisfaction

DORTMUND: When the bitter disappointment of Wednesday’s 2-1 semi-final defeat to England fades, the Netherlands will...

Published 11 Jul, 2024 02:20pm

Forex

Kenyan shilling weakens, pressured by dollar demand from oil firms

NAIROBI: Kenya’s shilling was weaker on Thursday due to increased demand for dollars from oil-retailing companies...

Published 11 Jul, 2024 02:16pm

Justice Aalia Neelum takes oath as LHC’s first female top judge

Justice Aalia Neelum took oath on Thursday as the Lahore High Court’s first woman chief justice. Punjab Governor...

Updated 11 Jul, 2024 02:12pm

Power and glory as Elena Rybakina eyes Wimbledon final

LONDON: Elena Rybakina can move closer to a second Wimbledon title on Thursday when she faces Barbora Krejcikova...

Published 11 Jul, 2024 12:52pm

Europe

Ukraine relies on friends as Russia strikes power grid

PRAGUE: With Russian attacks on energy infrastructure causing power cuts, Ukraine is depending on its central and...

Published 11 Jul, 2024 12:41pm

UK economy grows in May, boosting new government

LONDON: Britain’s economic output grew better-than-expected in May, official data showed Thursday, handing an early...

Published 11 Jul, 2024 12:36pm

Asia

Six killed in record southwest China rains: state media

BEIJING: Six people were killed as record rains struck southwest China, state media reported Thursday, as the...

Published 11 Jul, 2024 12:34pm

Stocks

European stock markets extend gains at open

LONDON: Europe’s main stock markets rose further at the start of trading Thursday as global indices benefit from the...

Published 11 Jul, 2024 12:27pm

Uniform hike in base tariff: Nepra reserves its determination

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra), on Wednesday, reserved its determination for a...

Updated 11 Jul, 2024 12:11pm

Forex

Australian dollar flies high on kiwi, yen as rate outlooks diverge

SYDNEY: The Australian dollar stood near 20-month highs against the kiwi on Thursday as markets ramped up bets of...

Published 11 Jul, 2024 11:57am

Asia

Earthquake of magnitude 6.7 strikes Mindanao, Philippines, GFZ says

A magnitude 6.7 earthquake struck Mindanao, Philippines, on Thursday, the German Research Center for Geosciences...

Published 11 Jul, 2024 11:54am

Asia

Planned NATO statement full of ‘belligerent rhetoric’ and ‘lies’, says Chinese official

BEIJING: The NATO summit in Washington’s planned statement is full of “belligerent rhetoric” and the China-related...

Published 11 Jul, 2024 11:51am

Federal government employees: Ad hoc relief in pay, pension notified

ISLAMABAD: The government on Wednesday notified 25 percent ad hoc relief to all federal government employees with...

Updated 11 Jul, 2024 11:49am

Commodities

Wheat, corn and soybeans steady after losses on favourable US crop conditions

JAKARTA: Chicago wheat, corn and soybean futures edged up in early trade on Thursday, steadying after losses in the...

Published 11 Jul, 2024 11:46am

USA

Pelosi, Clooney, Democratic senators raise new doubts about Biden

WASHINGTON/DALLAS: US President Joe Biden faced fresh doubts on Wednesday about his re-election chances from...

Published 11 Jul, 2024 11:44am

NA passes SOEs Bill

ISLAMABAD: The National Assembly on Wednesday passed ‘The State Owned Enterprises (Governance and Operations) Bill,...

Updated 11 Jul, 2024 11:43am

Flour millers announce nationwide shutdown

Argues imposition of withholding tax is unacceptable, will shut down mills for indefinite period

Updated 11 Jul, 2024 11:42am

Colombia beat Uruguay to reach Copa final, players clash with fans

CHARLOTTE: Colombia beat Uruguay 1-0 in Wednesday’s Copa America semi-final despite playing the second half with...

Published 11 Jul, 2024 11:38am

Europe

Russia criticises Armenia’s engagement with NATO, RIA reports

By cooperating with NATO, Armenia risks destabilising the South Caucasus and is undermining its own security, the...

Published 11 Jul, 2024 11:34am

Commodities

South Korea’s KFA tenders for up to 68,000 T corn, traders say

HAMBURG: South Korea’s Korea Feed Association (KFA) has issued an international tender to purchase up to 68,000...

Published 11 Jul, 2024 11:31am

Colombia coach happy that gamble to attack Uruguay with 10 men paid off

CHARLOTTE: Colombia coach Nestor Lorenzo was delighted that his gamble to stay on the attack against Uruguay despite...

Published 11 Jul, 2024 11:29am

Forex

China’s yuan edges higher as Fed’s dovish hints dampen dollar

HONG KONG: China’s yuan slightly firmed against the dollar on Thursday, as the greenback struggled for direction...

Published 11 Jul, 2024 11:26am

Uruguay coach Bielsa takes responsibility for Copa America exit

Uruguay coach Marcelo Bielsa said his side had more talent in their ranks than Colombia and therefore he should be...

Published 11 Jul, 2024 11:24am

Stocks

China shares rebound on short-selling curbs, HK gains

HONG KONG: China stocks rebounded on Thursday after the securities regulator announced further curbs on...

Published 11 Jul, 2024 11:21am

Govt decides to wind up Pak-PWD

Pakistan Infrastructure Development Company to be created which will supervise federal development projects

Updated 11 Jul, 2024 11:21am

Mutual Funds

Long-end JGB yields fall as strong 20-year auction buoys demand

TOKYO: Longer-dated Japanese government bond yields fell on Thursday, flattening the yield curve, following strong...

Published 11 Jul, 2024 11:18am

Commodities

Palm oil futures drop as June inventories surge to four-month high

NEW DELHI: Malaysian palm oil futures opened lower on Thursday, a day after the industry regulator said inventories...

Published 11 Jul, 2024 11:15am

Bullion Rate

Gold climbs as traders brace for US inflation data

Gold prices firmed for a third consecutive session on Thursday, with investors awaiting US inflation data due later...

Published 11 Jul, 2024 11:13am

Mutual Funds

India bond yields flat, traders eye US inflation data for cues

MUMBAI: Indian government bond yields were flat in early session on Thursday, with traders eyeing crucial US...

Published 11 Jul, 2024 11:10am

Forex

Indian rupee to inch up before US inflation print, tracking Asian peers

MUMBAI: The Indian rupee is poised to open marginally higher on Thursday, in the wake of an uptick on Asian peers...

Published 11 Jul, 2024 11:08am

Stocks

Australian shares push higher on broad-based rally; US CPI on tap

Australian shares rose on Thursday boosted by gains in heavyweight miners and banks while traders braced themselves...

Published 11 Jul, 2024 11:05am

Stocks

Japan’s Nikkei crosses 42,000 points as Wall Street rally spurs sentiment

TOKYO: Japan’s Nikkei share average surged to another record high during morning trade on Thursday, as a rally in US...

Published 11 Jul, 2024 11:04am

Stocks

Stocks stride to record highs ahead of US inflation test

SINGAPORE: Stocks rose on Thursday, with markets from Tokyo to New York at record highs, while traders counted down...

Published 11 Jul, 2024 11:02am

Forex

Dollar adrift ahead of US inflation test; sterling firms

SINGAPORE: The dollar fell a touch on Thursday although moves were largely subdued ahead of a US inflation report...

Published 11 Jul, 2024 10:59am

Stocks

Indian shares drop on profit booking, banks’ drag

BENGALURU: Indian shares reversed course to trade lower on Thursday, dragged by heavyweight bank stocks on earnings...

Published 11 Jul, 2024 10:53am

Bridging the divide: Pakistan’s struggle for gender equality

Pakistan remains one of the countries with the largest gender gaps in the Global Gender Gap Index (GGGI) 2023. The...

Published 11 Jul, 2024 10:46am

Berger Paints (Pakistan) Limited

Berger Paints (Pakistan) Limited (PSX: BERG) was incorporated in Pakistan as a private limited company in 1950 and...

Published 11 Jul, 2024 10:40am

SRO 350(I)/ 2024: FBR issues clarification on sales tax return filing problems

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a clarification on the sales tax return filing problems...

Updated 11 Jul, 2024 09:25am

Board meetings in a fiscal year: Only Rs1m remuneration fixed for govt officers

ISLAMABAD: The govt has imposed a restriction of Rs1m annually on the remuneration received by govt officers from...

Updated 11 Jul, 2024 09:23am

No decision made regarding export of wheat

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday told the National Assembly that no decision has been made to...

Updated 11 Jul, 2024 08:37am

Pakistan Single Window: 155 paper-based documents replaced with electronic submissions

ISLAMABAD: Pakistan Single Window (PSW) Wednesday informed Finance Minister Muhammad Aurangzeb that 155 paper-based...

Updated 11 Jul, 2024 08:36am

Tajir Dost Scheme: CC offers alternative plan to FBR

ISLAMABAD: As the Federal Board of Revenue (FBR) is ready to issue a notification to impose tax on shopkeepers/...

Updated 11 Jul, 2024 08:32am

ADB lists factors behind boost in remittance

ISLAMABAD: Macroeconomic variables, including economic activity, inflation, equity markets and interest rates — both...

Updated 11 Jul, 2024 08:32am

BR’s refresher: your morning briefing for the day

Important updates July 10, 2024

Published 11 Jul, 2024 08:27am

Minister for implementing uniform sanitation system

LAHORE: Punjab Local Government Minister Zeeshan Rafiq has said that implementing a uniform sanitation system in the...

Updated 11 Jul, 2024 07:58am

Middle class on a spinning wheel

Benjamin Franklin’s famous quote, “In this world, nothing can be said to be certain except death and taxes,”...

Published 11 Jul, 2024 07:37am

Industry

Industry leaders unite for urgent implementation of CTBCM regime

KARACHI: In a significant show of unity, leading industrial chambers and associations came together at a...

Published 11 Jul, 2024 07:37am

Stocks

Japan’s Nikkei rises to record high

TOKYO: Japan’s Nikkei share average rose to an intraday peak in a choppy session on Wednesday as financial shares...

Published 11 Jul, 2024 07:40am

Justice Jahangiri receives suspicious calls, messages?

ISLAMABAD: The Islamabad High Court (IHC) judge Justice Tariq Mehmood Jahangiri received “suspicious calls and...

Published 11 Jul, 2024 07:37am

Hunger strike: IK says he has not taken ‘final’ decision

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan on Wednesday said that he has yet not...

Published 11 Jul, 2024 07:37am

Court approves prosecution’s plea seeking transfer of case against Gandapur

ISLAMABAD: A local court on Wednesday approved a prosecution’s plea seeking the transfer of the illegal weapons ...

Published 11 Jul, 2024 07:37am

IK urges CJP to ‘uphold’ principle of impartiality

ISLAMABAD: Former prime minister Imran Khan has asked Chief Justice Qazi Faez Isa to uphold the principle of...

Published 11 Jul, 2024 07:37am

15 killed as jeep plunges into ditch

MUZAFFARABAD: As many as 15 people died and another four injured when their jeep plunged into a river in Neelum...

Published 11 Jul, 2024 07:37am

IFRP suspension: FO rejects UNHCR statement

ISLAMABAD: The Foreign Office on Wednesday contradicted the statement by the UN High Commissioner for Refugees...

Published 11 Jul, 2024 07:37am

Non-availability of connectivity: POs have not sent snapshots of results to RO, ET told

ISLAMABAD: The Election Commission of Pakistan (ECP) informed an Election Tribunal of the Islamabad High Court (IHC)...

Published 11 Jul, 2024 07:37am

Newspaper holiday

KARACHI: All Pakistan Newspapers Society (APNS) will observe one closed holiday on account of “ASHURA” on...

Published 11 Jul, 2024 07:37am

ATC extends judicial remand of Qureshi

LAHORE: An Anti-Terrorism Court (ATC) on Wednesday extended judicial remand of PTI leader Shah Mahmood Qureshi for...

Published 11 Jul, 2024 07:37am

Cloudy weather likely in GB

Islamabad: National Disaster Management Authority (NDMA)'s National Emergencies Operation Centre anticipated that...

Published 11 Jul, 2024 07:37am

Iddat case: Court seeks arguments on Maneka’s pleas

ISLAMABAD: A local court hearing the Iddat case against Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan...

Published 11 Jul, 2024 07:37am

Gen Sahir discusses military cooperation with Russian officials

RAWALPINDI: General Sahir Shamshad Mirza, Chairman Joint Chiefs of Staff Committee, on official visit to Russia, ...

Published 11 Jul, 2024 07:37am

Governor vows to improve governance, standard of universities

LAHORE: Punjab Governor, Sardar Saleem Haider Khan has expressed his resolve to play his role for improving the...

Published 11 Jul, 2024 07:37am

Indictment of Elahi deferred till Aug 20th

LAHORE: A special court (central) on Wednesday deferred the indictment of PTI President Parvez Elahi again till...

Published 11 Jul, 2024 07:37am

JI demands cleaning gutters ahead of rains

KARACHI: Jamaat-e-Islami (JI) Karachi on Wednesday lashed out at the ruling PPP for failing to unclog the storm ...

Published 11 Jul, 2024 07:37am

LHC discharges Sanam Javed in May 9 riots case

LAHORE: The Lahore High Court on Wednesday discharged PTI activist Sanam Javed in a case of May 9 riots registered...

Published 11 Jul, 2024 07:37am

The Weather

KARACHI: The weather report on Wednesday (July 10, 2024) and the forecast for Thursday (July 11 2024)...

Published 11 Jul, 2024 07:37am

Israeli army orders evacuation of battle-torn Gaza City

GAZA STRIP: Israel’s army dropped thousands of leaflets over war-torn Gaza City on Wednesday urging all residents...

Published 11 Jul, 2024 07:37am

China seeks to boost Shanghai bloc to counter the West

BEIJING: China is seeking to strengthen its leadership of an expanding bloc of nations it sees as a potential...

Published 11 Jul, 2024 07:37am

CPJ urges Taliban to allow private radio station to resume work

NEW YORK: The Taliban must cease their relentless crackdown on independent media in Afghanistan and allow the...

Published 11 Jul, 2024 07:37am

43 sentenced to life for ‘terror’ links in UAE mass trial

DUBAI: A court in the United Arab Emirates has handed life sentences to 43 Emiratis for “terrorist” links, state...

Published 11 Jul, 2024 07:37am

NATO begins sending F-16 jets to Ukraine as Biden leads summit

WASHINGTON: NATO allies announced Wednesday they had started the long-promised transfer of F-16 jets to Ukraine as...

Published 11 Jul, 2024 07:37am

Denmark to introduce world’s first livestock carbon tax

COPENHAGEN: Denmark will introduce the world’s first carbon tax on livestock, a unique measure designed to bring...

Published 11 Jul, 2024 07:37am

NA panel approves SOEs bill by majority vote

ISLAMABAD: Amid serious concerns of some committee members about the performance of the power sector, a meeting of...

Published 11 Jul, 2024 07:37am

NHP for Wapda doubled for onward payment to KP

ISLAMABAD: The federal government has increased the amount of net hydel profit (NHP) for the Water and Power...

Published 11 Jul, 2024 07:37am

Chinese citizens: timely completion of security audit ordered

ISLAMABAD: The Core Committee on Security of Chinese (CCSC) on Wednesday reviewed the security of Chinese citizens ...

Published 11 Jul, 2024 07:37am

Rightsizing initiative: Five ministries given July 12 deadline to respond

KARACHI: Five federal ministries have been identified as the initial focus of a comprehensive rightsizing initiative...

Published 11 Jul, 2024 07:37am

Minister, S&P delegation discuss current economic situation

ISLAMABAD: Finance Minister Muhammad Aurangzeb on Wednesday held a meeting with the delegation of Standard &...

Published 11 Jul, 2024 07:37am

Malir Expressway: Murad orders completion of first phase on Aug 14

KARACHI: Sindh Chief Minister Syed Murad Ali Shah reviewing the progress of major development works in progress in...

Published 11 Jul, 2024 07:37am

PFA disposes of 900kg mangoes

LAHORE: The Punjab Food Authority (PFA) disposed of 900 kilograms of mangoes on Wednesday for using calcium carbide...

Published 11 Jul, 2024 07:37am

PITB concludes blood camp drive

LAHORE: The Punjab Information Technology Board (PITB) has concluded its two-day blood camp drive, organized in...

Published 11 Jul, 2024 07:37am

US CG Peshawar inaugurates Malakand English Scholarship Programme

PESHAWAR: US Consulate General Peshawar held an opening ceremony for the University of Malakand’s English Access...

Published 11 Jul, 2024 07:37am

Railways urges govt to include pensioners in national account

ISLAMABAD: Pakistan Railways has requested the federal government to include railway pensioners in the national...

Published 11 Jul, 2024 07:37am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (July 10, 2024). ==================================== BR...

Published 11 Jul, 2024 07:37am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Wednesday (July 10, 2024). ======================================= Offset...

Published 11 Jul, 2024 07:37am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (July 10, 2024)...

Published 11 Jul, 2024 07:37am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (July 10, 2024)....

Published 11 Jul, 2024 07:37am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (July 10, 2024)....

Published 11 Jul, 2024 07:37am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (July 10, 2024). ======================== Open Bid ...

Published 11 Jul, 2024 07:37am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (July ...

Published 11 Jul, 2024 07:37am

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 11 Jul, 2024 07:37am

Rates

LME official prices

LONDON: The following were Tuesday official prices. ========================================= ALUMINIUM...

Published 11 Jul, 2024 07:37am

Cotton & Textile

Modest business on cotton market

LAHORE: The local cotton market on Wednesday remained steady and the trading volume remained satisfactory. Cotton...

Published 11 Jul, 2024 07:37am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (July 10, 2024)...

Published 11 Jul, 2024 07:37am

Commodities

Gold rises on Fed rate-cut expectations

BENGALURU: Gold prices rose on Wednesday after comments from Federal Reserve Chair Jerome Powell raised expectations...

Published 11 Jul, 2024 07:37am

Rates

Activities at Karachi Port Trust and Port Qasim

KARACHI: The Karachi Port Trust handled 131,908 tonnes of cargo comprising 32996 tonnes of import cargo and 53,718...

Published 11 Jul, 2024 07:37am

Commodities

Copper prices rebound as dollar dips

LONDON: Copper prices in London rose for the first time in three sessions on Wednesday with support from a weaker...

Published 11 Jul, 2024 07:37am

Commodities

PMEX daily trading report

KARACHI: On Tuesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 21.123 billion...

Published 11 Jul, 2024 07:37am

Commodities

Japanese rubber futures higher

SINGAPORE: Japanese rubber futures reversed course to end higher on Wednesday, helped by a weaker yen, although soft...

Published 11 Jul, 2024 07:37am

Commodities

Soyabean futures easier on strong US crop prospects

CHICAGO: Chicago Board of Trade soybean futures fell to a 2020 low on Wednesday, while corn hovered near a four-year...

Published 11 Jul, 2024 07:37am

Energy

Oil gains on supportive US stockpile data

HOUSTON: Oil prices rose on Wednesday after a jump in US refining activity last week prompted a bigger draw than...

Published 11 Jul, 2024 07:37am

Commodities

Malaysian palm oil futures extend losses on rising stocks

MUMBAI: Malaysian palm oil futures extended losses on Wednesday as inventories rose to a four-month high in June and...

Published 11 Jul, 2024 07:37am

Energy

US natgas prices ease on rising output

NEW YORK: US natural gas futures eased about 1% on Wednesday on recent increases in output, a drop in the amount of...

Published 11 Jul, 2024 07:37am

Stocks

China stocks fall on weak inflation data

SHANGHAI: China stocks closed down on Wednesday, after data showed the country’s consumer prices grew for a fifth...

Published 11 Jul, 2024 07:37am

Stocks

European shares rise on real estate boost

PARIS: European shares advanced on Wednesday amid broad-based gains and upbeat corporate updates while investors...

Published 11 Jul, 2024 07:37am

Stocks

Nvidia-led megacap charge buoys Wall Street

NEW YORK: Wall Street rose on Wednesday, with the Nasdaq and S&P 500 again touching record highs as strength in...

Published 11 Jul, 2024 07:37am

Money & Banking

Indian rupee ends lower

MUMBAI: The Indian rupee ended marginally lower on Wednesday due to slight pressure from importers’ dollar bids,...

Published 11 Jul, 2024 07:37am

Money & Banking

Yuan slumps to near 8-month low

SHANGHAI: China’s yuan slid to nearly eight-month lows against the US dollar on Wednesday, after data showed the...

Published 11 Jul, 2024 07:37am

Money & Banking

Dollar dips against euro

NEW YORK: The dollar dipped against the euro on Wednesday before Federal Reserve Chair Jerome Powell is due to...

Published 11 Jul, 2024 07:37am

Commodities

US tightens steel, aluminum import rules to curb China tariff evasion

WASHINGTON: The United States unveiled stricter rules Wednesday on steel and aluminum imports from Mexico, moving to...

Published 11 Jul, 2024 07:37am

Energy

OPEC sees world oil demand rising by 2.25m bpd in 2024

MOSCOW/LONDON: OPEC stuck to its forecast for relatively strong growth in global oil demand in 2024 and next year,...

Published 11 Jul, 2024 07:37am

Industry

KATI demands cut in electricity rate to 9 cents/kw

KARACHI: Johar Qandhari, President of the Korangi Association of Trade and Industry (KATI), has pointed out that the...

Published 11 Jul, 2024 07:37am

Taxes

KPRA surpasses revenue target by Rs6.77bn

PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) has successfully collected Rs41.77 billion against the...

Published 11 Jul, 2024 07:37am

Taxes

Alternative medicines: PCDA seeks withdrawal of 18pc GST immediately

KARACHI: The Pakistan Chemists and Druggists Association (PCDA) strongly condemned the imposition of an 18% general...

Published 11 Jul, 2024 07:37am

Commodities

Gold prices rise

KARACHI: The local gold prices on Wednesday saw a slight rise but silver remained unchanged, traders said. The...

Published 11 Jul, 2024 07:37am

Letters

‘Modi’s visit to Russia: likely impact on Pakistan’

This is apropos my letter to the Editor titled ‘Modi’s visit to Russia: impact on Pakistan’ carried by the...

Published 11 Jul, 2024 07:37am

Industry

Seventh Agricultural Census 2024 inaugurated

ISLAMABAD: Federal Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal inaugurated the Seventh...

Published 11 Jul, 2024 07:37am

Industry

TDAP to participate in Heimtextil exhibition

KARACHI: Trade Development Authority of Pakistan (TDAP) will participate in the world’s largest home and contract...

Published 11 Jul, 2024 07:37am

Industry

OICCI survey: Foreign investors concerned at security situation

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI), has released the results of its latest...

Published 11 Jul, 2024 07:37am

Companies

CCP clears merger: Nimir acquiring certain assets of P&G

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved a merger within the consumer care market. The...

Published 11 Jul, 2024 07:25am

PTA too against pegging spectrum with US dollar

ISLAMABAD: Pakistan Telecommunication Authority (PTA) supports the idea to not peg spectrum with the US dollar at ...

Published 11 Jul, 2024 07:24am

Companies

Systems Ltd hosts British HC

LAHORE: Systems Limited, Pakistan’s leading provider of IT and IT-Enabled Services in Pakistan, had the distinct...

Published 11 Jul, 2024 07:19am

Housing projects: meeting reviews progress

ISLAMABAD: Under the chairmanship of Director General Capt Muhammad Zafar Iqbal (retd), an All Project Progress...

Published 11 Jul, 2024 07:14am

Energy

Monsoon: Iesco staff put on high alert

ISLAMABAD: Iesco field formations have been put on high alert due to the monsoon rains. Iesco Chief Executive ...

Published 11 Jul, 2024 07:10am

KP govt to extend BRT service from Chamkani to Pabbi

PESHSWAR: The government of Khyber Pakhtunkhwa has decided on Wednesday to extend BRT service from Chamkani to Pabbi...

Published 11 Jul, 2024 07:08am

Maryam says to give 1,224 free of cost flats to workers

LAHORE: Announcing to give 1224 free flats to workers in Taxila and Sunder labor colonies, Chief Minister Maryam...

Updated 11 Jul, 2024 07:06am

New financial landscape: Importance of upskilling treasury professionals stressed

KARACHI: Deputy Governor of the State Bank of Pakistan (SBP), Dr. Inayat Hussain Wednesday said continuous ...

Published 11 Jul, 2024 06:35am

Companies

Jazz Digital Squad’s grand finale concludes

ISLAMABAD: Pakistan's largest Data Hackathon, the Jazz Digital Squad, has concluded with a grand finale in ...

Published 11 Jul, 2024 06:35am

Taxes

Transfers, postings in FBR

ISLAMABAD: The Federal Board of Revenue (FBR) Wednesday transferred and posted 25 officials of Pakistan Customs...

Published 11 Jul, 2024 06:35am

Industry

NKATI president urges govt to lend a helping hand to SMEs

KARACHI: Faisal Moiz Khan, President of the North Karachi Association of Trade & Industry (NKATI), has called...

Published 11 Jul, 2024 06:35am

Industry

Fruit and Vegetables Association team meets LCCI chief

LAHORE: A delegation from the Fruit and Vegetables Association held a meeting with Kashif Anwar, President of the...

Published 11 Jul, 2024 06:32am

Credit cards under ‘Kissan Card’ scheme will be available by Aug 10

LAHORE: The Secretary Agriculture Punjab, Iftikhar Ali Sahoo, said here on Wednesday that the credit cards to be...

Published 11 Jul, 2024 06:30am

Nawaz seeks reorganisation of PML-N

LAHORE: Pakistan Muslim League-Nawaz (PML-N) President Mian Nawaz Sharif is going to start direct contacts with the...

Published 11 Jul, 2024 06:27am

CS directs departments to submit PC-1 under ADP by 31st

LAHORE: Chief Secretary Punjab Zahid Akhtar Zaman, on Wednesday, directed the provincial departments to submit the...

Published 11 Jul, 2024 06:24am

Energy

Costly electricity: FESCO says trying to compensate consumers through minimum line losses, uninterrupted power supply

FAISALABAD: Faisalabad Electric Supply Company (FESCO) is trying its optimum best to compensate its consumers for...

Published 11 Jul, 2024 06:21am

Stocks

PSX holidays

KARACHI: Pakistan Stock Exchange Limited (PSX) will remain closed on Tuesday, July 16, 2024 and Wednesday, July 17,...

Published 11 Jul, 2024 06:20am

JI to stage sit-in against power tariffs on 12th

LAHORE: Chief of Jamaat-e-Islami Hafiz Naeem Ur Rehman has called on the government to reduce electricity tariffs,...

Published 11 Jul, 2024 06:16am

Taxes

Tax dept can’t reject advance tax estimates filed by taxpayer

LAHORE: A taxpayer company has challenged unwarranted recovery of advance tax by the tax department, saying that the...

Published 11 Jul, 2024 06:13am

PCB removes selectors Wahab, Razzaq

LAHORE: The Pakistan Cricket Board (PCB) on Wednesday terminated the services of Abdul Razzaq and Wahab Riaz as...

Published 11 Jul, 2024 06:10am

Addressing ‘a matter of grave concern’

EDITORIAL: In his wide-ranging speech at the Shanghai Cooperation Organisation (SCO) Summit themed “Strengthening...

Published 11 Jul, 2024 05:58am

Moving the capital back to Karachi

To save Jinnah’s Pakistan, voices are being raised to move the capital back to his city from where the journey had...

Published 11 Jul, 2024 05:52am

‘Nationwide protests’?

It seems the mainstream press is finally waking up to the social implications of the new tax regime. So far it’s...

Published 11 Jul, 2024 05:51am

About energy reforms

EDITORIAL: It seems we’ve all but reached the point where unaffordable energy alone will break the working class,...

Published 11 Jul, 2024 05:51am

Two soldiers, two policemen martyred, terrorist killed

RAWALPINDI: A joint intelligence based operation was conducted by Security Forces and Police in general area Hassan...

Published 11 Jul, 2024 05:14am

Over 500 shops gutted in Sunday Bazaar

ISLAMABAD: Over 500 shops were gutted in Sunday Bazaar on Wednesday after a massive fire broke out due to unknown...

Published 11 Jul, 2024 05:14am

Strike against TTP inside Afghanistan: US says it’s related to independent decisions of Pakistan

WASHINGTON: The United States has hinted at potential military strikes against Tehrik-e-Taliban Pakistan (TTP) ...

Published 11 Jul, 2024 05:14am

Rates

PSX closes deep in the red

KARACHI: Pakistan Stock Exchange on Wednesday opened on a positive note, however failed to continue this trend and...

Published 11 Jul, 2024 05:14am

REAP delegation meets Aurangzeb

ISLAMABAD: Finance Minister Muhammad Aurangzeb was called on by the representatives of Rice Exporters Associations ...

Published 11 Jul, 2024 05:13am

Bank holidays

KARACHI: The State Bank of Pakistan will remain closed on July 16th and 17th, 2024 (Tuesday & Wednesday) being...

Published 11 Jul, 2024 05:13am

Europe

Ukraine accuses Russia of killing two prisoners of war

Ukraine’s top prosecutor accused Russian forces on Wednesday of killing two Ukrainian servicemen who were captured...

Published 11 Jul, 2024 01:05am

Europe

UK defense chief: NATO members need to spend beyond 2% defense target

WASHINGTON: British Defence Secretary John Healey said on Wednesday other NATO members would need to go beyond the...

Published 11 Jul, 2024 12:59am

F-16 jets being sent to Ukraine from Denmark and the Netherlands, Blinken says

WASHINGTON: The first batch of U.S.-built F-16 fighter jets are already being transferred to Ukraine from Denmark...

Published 11 Jul, 2024 12:50am

Movies & Music

George Clooney says Biden not the man he was in 2020, should drop out

LOS ANGELES: Actor George Clooney, a major Hollywood fundraiser for Democrats, said on Wednesday that President Joe...

Published 11 Jul, 2024 12:42am

Palestinians ask diplomats to speak out on conditions in Israeli jails

RAMALLAH: The Palestinian Authority asked diplomats in a Wednesday meeting in the occupied West Bank to speak out on...

Published 11 Jul, 2024 12:35am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Petrol/Litre / Nov 16	248.38
Karachi Cotton PKR/37.32 KG / Nov 16	18,085

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 16 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 16 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 16 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 16 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 16 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 16 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 16 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 16 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 16 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 16 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 16 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 16 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 16 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 16 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 16 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 16 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 16 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 16 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 16 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 16 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 16 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 16 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 16 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 16 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

Markets →

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