Europe French left agrees on consensus candidate for prime minister PARIS: Left-wing French parties said Tuesday they had chosen a little-known economist as prospective prime ... Published 23 Jul, 2024 11:35pm
US announces Sudan ceasefire talks WASHINGTON: The United States announced Tuesday that it has invited Sudan's warring sides to hold ceasefire talks... Updated 23 Jul, 2024 11:28pm
Money & Banking Monetary Policy Committee: SBP issues advance calendar for meetings in July-December 2024 After much delay, the State Bank of Pakistan (SBP) has issued the advance calendar of Monetary Policy Committee... Updated 23 Jul, 2024 11:15pm
South Asia India gives income tax relief to some to stimulate spending MUMBAI: India on Tuesday cut income tax rates for some citizens in an effort to boost consumption as Asia's... Published 23 Jul, 2024 11:11pm
Business & Economy After Fitch, Aurangzeb apprises Moody’s reps on IMF deal, economic reforms Finance Minister informs ratings agency officials that multilateral institutions’ confidence growing in financing projects in Pakistan Updated 23 Jul, 2024 10:57pm
Companies Coca-Cola raises forecasts, bets on price hikes and ad blitz Coca-Cola raised its annual sales and profit forecasts on Tuesday, as the beverage maker expects to benefit from... Published 23 Jul, 2024 09:53pm
Energy Oil extends losses on ceasefire talks, demand concerns LONDON: Oil prices fell for a third consecutive session on Tuesday, as growing expectations of a ceasefire in Gaza... Updated 23 Jul, 2024 09:25pm
Europe July 21 hottest day ever recorded globally: EU climate monitor PARIS: July 21 was the hottest day ever registered globally, according to preliminary data published on Tuesday by... Published 23 Jul, 2024 09:22pm
Reserved seats verdict: PPP files review petition in Supreme Court After Pakistan Muslim League-Nawaz (PML-N), Pakistan People’s Party (PPP) has also filed a review petition in the... Updated 23 Jul, 2024 09:13pm
USA US Secret Service director resigns after Trump assassination bid WASHINGTON: US Secret Service Director Kimberly Cheatle resigned on Tuesday, a day after acknowledging that the... Published 23 Jul, 2024 08:49pm
Energy ‘Refineries upgrade at risk due to newly-introduced sales tax exemption’ The government has introduced a sales tax exemption in the Finance Act 2024 on petroleum products, which will... Updated 23 Jul, 2024 08:04pm
Stocks India hikes taxes on equity investments; fund managers see short-term hit MUMBAI: The Indian government raised the tax rate on equity derivatives trades and on capital gains from equity... Published 23 Jul, 2024 07:48pm
Europe Kyiv urges ‘direct dialogue’ with China on Ukraine peace BEIJING: Ukrainian foreign minister Dmytro Kuleba said Tuesday it was “important” for Ukraine and China – an ally of... Published 23 Jul, 2024 07:40pm
Stocks US stocks little changed following mixed earnings NEW YORK: Wall Street stocks struggled for direction early Tuesday as a mixed bag of earnings results competed for... Published 23 Jul, 2024 07:38pm
Business & Economy PBC questions govt’s ambitious $65bn export target The Pakistan Business Council (PBC), the country’s largest corporate sector advocacy platform, has raised concerns... Published 23 Jul, 2024 07:27pm
Exchange Rupee falls marginally against US dollar Currency settles at 278.41 against the greenback in inter-bank market Updated 23 Jul, 2024 07:24pm
Summer vacations in Sindh educational institutions extended till August 14 Decision made due to heatwave and expected monsoon rains, according to a notification issued by Sindh Education Department Published 23 Jul, 2024 07:24pm
PTI’s Raoof Hasan handed over to FIA on two-day physical remand A district and sessions court in Islamabad on Tuesday granted a two-day physical remand of Pakistan... Updated 23 Jul, 2024 07:23pm
Europe WHO ‘extremely worried’ at prospect of polio, other outbreaks in Gaza Official says number of people now needing to be evacuated from the territory for medical care may have risen to 14,000 Updated 23 Jul, 2024 07:22pm
Companies DFML shares progress on EV manufacturing, share price hits upper limit Dewan Farooque Motors Limited (DFML) informed stakeholders regarding the progress made at its assembly plant for the... Updated 23 Jul, 2024 07:18pm
Stocks Buying returns at PSX as KSE-100 closes nearly 450 points higher After some selling pressure that saw a correction of around 4% in the previous two sessions, positivity returned to... Updated 23 Jul, 2024 07:18pm
Women’s Asia Cup: Pakistan grab ten-wicket win over UAE Opener Gull Feroza shone with a second consecutive half-century as Pakistan registered a comprehensive 10-wicket win... Updated 23 Jul, 2024 07:15pm
South Asia Bangladesh arrest total passes 2,500: AFP tally DHAKA: The number of arrests in days of violence in Bangladesh passed the 2,500 mark in an AFP tally on Tuesday,... Updated 23 Jul, 2024 06:08pm
Commodities Copper hits multi-month low on growing Chinese demand fears LONDON: Copper prices extended their fall to a seventh consecutive session on Tuesday to hit their lowest in three... Published 23 Jul, 2024 05:52pm
Commodities Gold snaps 4-day losing streak as traders await US economic data Gold prices drifted higher on Tuesday, snapping a four-day losing streak, as investors awaited U.S. economic data... Published 23 Jul, 2024 05:49pm
Forex Yen rises as traders look to BOJ, while dollar holds steady LONDON/SINGAPORE: The yen rose on Tuesday as investors reacted to comments from a senior Japanese politician that... Published 23 Jul, 2024 05:12pm
Europe No plan for Erdogan to meet Assad, Turkish source says MOSCOW: A newspaper report that Turkish President Tayyip Erdogan will meet Syrian President Bashar al-Assad is... Published 23 Jul, 2024 05:10pm
South Asia India’s Modi spends billions on jobs, key allies in first budget after election NEW DELHI: India unveiled spending of billions of dollars to create new jobs and satisfy key coalition partners in... Published 23 Jul, 2024 05:03pm
Movies & Music US rapper Snoop Dogg to carry Olympic torch PARIS: American rapper Snoop Dogg will be among the carriers of the Olympic flame this Friday as it makes its final... Published 23 Jul, 2024 05:00pm
Companies Electric motorcycles: Zyp Technologies announces $1.5mn Series Pre-A funding Zyp Technologies, which operates in the energy and electric motorcycle assembly space, announced on Tuesday that it... Updated 23 Jul, 2024 02:18pm
Chinese co lodges complaint against SBP This comes over central bank not approving foreign exchange for debt servicing and Sinosure premium Updated 23 Jul, 2024 02:15pm
Movies & Music Hollywood donors drop ‘Dembargo’ as celebrities back Harris LOS ANGELES: A Hollywood “Dembargo” on political donations has ended, as key fundraisers and celebrities from rapper... Published 23 Jul, 2024 01:52pm
Forex South African rand weakens, eyes on inflation data JOHANNESBURG: The South African rand weakened in early trading on Tuesday, as investors looked towards June... Published 23 Jul, 2024 01:46pm
Stocks London’s FTSE 100 falls as copper miners, automobile stocks weigh London’s FTSE 100 inched down on Tuesday as copper miners weighed heavily on the market, tracking lower copper... Published 23 Jul, 2024 01:44pm
Asia Japan imposes sanctions on four Israeli settlers in West Bank TOKYO: Japan imposed asset-freeze sanctions on four individual Israeli settlers for violence against Palestinians in... Published 23 Jul, 2024 01:40pm
India government cuts gross market borrowings to 14.01 trillion rupees for 2024-25 MUMBAI: The Indian government has lowered its planned gross market borrowing by 120 billion rupees ($1.44 billion)... Published 23 Jul, 2024 01:33pm
Stocks European stock markets diverge at open LONDON: Europe’s main stock markets diverged at the open Tuesday following a strong start to a week dominated by the... Published 23 Jul, 2024 01:24pm
MENA Palestinian officials say Israel troops kill 5 in West Bank raid TULKAREM: Palestinian officials said Israeli troops killed five Palestinians, including two women, in a pre-dawn... Published 23 Jul, 2024 01:22pm
Andy Murray confirms retirement after Paris Olympics PARIS: Former world number one and three-time Grand Slam title winner Andy Murray confrmed on Tuesday that he will... Published 23 Jul, 2024 01:18pm
Africa Death toll from Ethiopia landslide rises to 146: local official ADDIS ABABA: The death toll from a landslide in southern Ethiopia has risen to at least 146, a local official said... Published 23 Jul, 2024 01:17pm
Commodities Gold price per tola decreases Rs500 in Pakistan After registering an increase in the previous session, gold prices in Pakistan registered losses on Tuesday in line... Published 23 Jul, 2024 12:39pm
NICL, SLICL, PRCL no longer strategic SOEs? Cabinet Committee decides companies did not meet criteria of strategic or essential SOEs Updated 23 Jul, 2024 12:30pm
Star names in short supply in men’s Olympic football tournament PARIS: Kylian Mbappe wanted to take part in this year’s Olympics in his home city, while there were hopes that... Published 23 Jul, 2024 12:00pm
MENA Gaza health ministry says 70 killed after Israel evacuation order GAZA STRIP: The health ministry in Hamas-run Gaza said Monday that an Israeli operation in the main southern city of... Published 23 Jul, 2024 11:56am
Asia Beijing Declaration: Hamas announces ‘national unity’ deal with Palestinian rivals BEIJING: Hamas announced on Tuesday it had signed an agreement in Beijing with other Palestinian organisations... Updated 23 Jul, 2024 11:43am
Sri Lanka names Charith Asalanka to lead T20 team COLOMBO: Sri Lanka has named Charith Asalanka their new T20 captain Tuesday ahead of a white ball series against... Published 23 Jul, 2024 11:35am
Energy MARI successfully concludes Ghazij appraisal program Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, successfully... Published 23 Jul, 2024 11:34am
USA Kamala Harris closes in on nomination with delegates secured, to campaign in Wisconsin Vice President Kamala Harris will campaign in the critical battleground state of Wisconsin on Tuesday for the first... Published 23 Jul, 2024 11:09am
Asia Drug giants eye China for deals despite growing Sino-US tensions SHANGHAI/HONG KONG: Some of the biggest global drugmakers, undeterred by mounting Sino-US tensions, are scouring for... Published 23 Jul, 2024 11:05am
Asia Flight carrying Malaysians evacuated from Bangladesh to arrive on Tuesday KUALA LUMPUR: A charted flight carrying Malaysian nationals evacuated from deadly violence in Bangladesh is expected... Published 23 Jul, 2024 11:01am
Cybersecurity firm Wiz calls off $23bn deal with Google, memo says Cybersecurity startup Wiz has walked away from a reported $23 billion deal to be acquired by Google-parent Alphabet... Published 23 Jul, 2024 10:58am
Bullion Rate Gold prices steady with US economic data in focus Gold prices were steady on Tuesday as investors strapped in for US economic data this week for clarity on the... Published 23 Jul, 2024 10:56am
Stocks Liquor shares drag China stocks down; HK shares flat SHANGHAI: China stocks fell on Tuesday, dragged by liquor shares, as the country’s efforts to spur domestic... Published 23 Jul, 2024 10:55am
Stocks Australian shares rise as banks, tech gain; Woodside and Lynas fall Australian shares rose on Tuesday to snap a three-session losing streak, with banking and technology stocks leading... Published 23 Jul, 2024 10:54am
Commodities Soybeans extend gains as traders weigh Trump re-election chances CANBERRA: Chicago soybean futures extended the climb on Tuesday after a reassessment of Donald Trump’s chances of... Published 23 Jul, 2024 10:53am
Forex Indian rupee nudges higher tracking Asian peers; India budget awaited MUMBAI: The Indian rupee marginally rose on Tuesday, tracking a rise in most of its Asian peers and as investors... Published 23 Jul, 2024 10:51am
Stocks Japan’s Nikkei rebounds from 3-week low as chipmakers, shippers rally TOKYO: Japan’s Nikkei share average rebounded on Tuesday from a three-week low hit in the previous session, as... Published 23 Jul, 2024 10:50am
Mutual Funds India benchmark bond yield flat in run up to budget; focus on FY25 borrowing plan MUMBAI: Indian government bond yields remained flat Tuesday morning as traders stayed put ahead of the keenly... Published 23 Jul, 2024 10:49am
Stocks Asia snaps losing streak as chip stocks bounce SINGAPORE: Asian stocks bounced from one-month lows on Tuesday, with Taiwan’s market snapping a five-day losing... Published 23 Jul, 2024 10:48am
De Bruyne going nowhere, says Man City boss Guardiola Manchester City manager Pep Guardiola has poured cold water on reports linking Kevin De Bruyne with a move away from... Published 23 Jul, 2024 10:47am
Europe Russia destroys 25 Ukraine-launched drones, Russian defence ministry says Russia’s air defence systems destroyed 25 attack drones that Ukraine launched overnight, the Russian defence... Published 23 Jul, 2024 10:45am
Commodities Philippines says 2024 rice imports will not reach 4.7mn T, as forecast by USDA MANILA: The Philippines’ rice imports will not reach 4.7 million metric tons despite a lowering of tariffs,... Published 23 Jul, 2024 10:44am
Commodities Copper under pressure on China demand concerns BEIJING: Copper prices were under pressure on Tuesday amid growing concerns over the demand outlook in top consumer... Published 23 Jul, 2024 10:43am
Europe Russia conducts second mobile nuclear missile launcher drills this month Russian forces are conducting drills involving Yars mobile nuclear missile launchers, Russian media reported on... Published 23 Jul, 2024 10:41am
Forex China’s yuan steady following rate cuts, eyes on US data SHANGHAI: The yuan held steady on Tuesday against the US dollar, with analysts saying the fragile currency would... Published 23 Jul, 2024 10:37am
Stocks Indian shares dip as volatility spikes ahead of budget BENGALURU: Indian shares reversed early gains to drop marginally in morning trade on Tuesday, with volatility rising... Published 23 Jul, 2024 10:08am
Forex Aussie, kiwi dollars struggle on China’s rate cuts; dollar adrift SINGAPORE: The Australian and New Zealand dollars languished near multi-week lows on Tuesday after China’s move to... Published 23 Jul, 2024 10:07am
PM to head panel to boost investment ISLAMABAD: Prime Minister Shehbaz Sharif has directed the authorities concerned to form a steering committee to be... Updated 23 Jul, 2024 09:45am
NA panel briefed about PIA sell-off progress ISLAMABAD: Pakistan International Airlines (PIA), burdened by Rs200 billion in debts and owning Rs145 billion in... Updated 23 Jul, 2024 09:40am
IPC re-notified: Govt seeks out of the box solution to NHP issue ISLAMABAD: The federal government has re-notified the Inter-Provincial Committee (IPC) of technical and financial... Updated 23 Jul, 2024 09:39am
Pakistan not yet on agenda of IMF meetings ISLAMABAD: The International Monetary Fund (IMF) has not yet included Pakistan on the agenda of its executive board... Updated 23 Jul, 2024 09:29am
PTA prepares tariff for cellular mobile services regulations ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has prepared “Tariff for Cellular Mobile Telecommunication... Updated 23 Jul, 2024 09:24am
Companies PIA privatisation: final bidding delayed till October 1 KARACHI: The privatisation process of state-owned Pakistan International Airlines (PIA) has been delayed as majority... Updated 23 Jul, 2024 09:16am
BR’s refresher: your morning briefing for the day Important updates from July 22, 2024 Published 23 Jul, 2024 08:57am
No targeted subsidy for ministry: 95pc of PR budget being spent on pension, pay, fuel ISLAMABAD: About 95 percent of the Railways budget is being utilised on pension, pay and fuel and there is no... Updated 23 Jul, 2024 08:54am
Stocks Investor transactions: PSX transitions to ‘One-Share Marketable Lot’ system KARACHI: Pakistan Stock Exchange (PSX) has successfully transitioned to a One-Share Lot system for investor... Updated 23 Jul, 2024 08:54am
PSP in Discos: World Bank stresses setting up PIU ISLAMABAD: The World Bank has asked the Power Division to establish a Project Implementing Unit (PIU) to sort out... Updated 23 Jul, 2024 08:45am
No passport for asylum seekers: Govt reverses its policy decision ISLAMABAD: Pakistan on Monday reversed its earlier policy decision with immediate effect in which it was decided not... Updated 23 Jul, 2024 08:44am
SME sector’s access to finance priority area: DG SBP KARACHI: Deputy Governor, State Bank of Pakistan (SBP), Saleem Ullah has said that ease in access to finance for the... Updated 23 Jul, 2024 08:35am
PIA concludes Hajj operation KARACHI: Pakistan International Airlines (PIA) has successfully concluded its Hajj operation 2024, facilitating the... Published 23 Jul, 2024 08:29am
Khan’s right to consult his legal advisors: IHC asks jail superintendent not to place obstacles ISLAMABAD: The Islamabad High Court (IHC), Monday, warned the Adiala jail superintendent not to place obstacles in... Published 23 Jul, 2024 08:29am
Senate panel passes Elections (Amendment) Bill ISLAMABAD: The Senate Standing Committee on Parliamentary Affairs passed “The Elections (Amendment) Bill, 2024”... Published 23 Jul, 2024 08:29am
Govt to start several uplift projects in Murree LAHORE: The Punjab government has decided to start several development projects in Murree and surrounding areas,... Published 23 Jul, 2024 08:29am
Customs fails to prove smuggling of local currency LAHORE: The customs department has failed to establish smuggling of local currency to Afghanistan from a passenger ... Published 23 Jul, 2024 08:29am
Rates Activities at Karachi Port Trust and Port Qasim KARACHI: The Karachi Port Trust handled 335,438 tonnes of cargo comprising 186,137 tonnes of import cargo and ... Published 23 Jul, 2024 08:29am
Israeli occupation of Palestinian territories: Pakistan calls for immediate implementation of ICJ’s advisory opinion ISLAMABAD: Welcoming the International Court of Justice (ICJ)’s recent advisory opinion on the legal consequences... Published 23 Jul, 2024 08:29am
The Weather KARACHI: The weather report on Monday (July 22, 2024) and the forecast for Tuesday (July 23, 2024)... Published 23 Jul, 2024 08:29am
Rates LME official prices LONDON: The following were Friday official prices. ========================================= ALUMINIUM... Published 23 Jul, 2024 08:29am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Monday (July 22, 2024). ======================================= Offset ... Published 23 Jul, 2024 08:29am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (July 22, 2024).... Published 23 Jul, 2024 08:29am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Monday (July 22, 2024). ==================================== BR... Published 23 Jul, 2024 08:29am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Monday (July 22, 2024). ========================== KIBOR... Published 23 Jul, 2024 08:29am
SULC, NDMA sign LoC to work together on disaster management HYDERABAD: In a significant step towards enhancing disaster management capabilities, the National Disaster ... Published 23 Jul, 2024 08:29am
May 9 riots cases: IK withdraws petitions against denial of pre-arrest bail LAHORE: Former PTI chairman Imran Khan on Monday withdrew his petitions through his counsel field against denial of... Published 23 Jul, 2024 08:29am
Dar extends Pakistan’s full support to Oman in combating terrorism ISLAMABAD: Foreign Minister Ishaq Dar on Monday extended Pakistan’s full support to Oman in its efforts to combat... Published 23 Jul, 2024 08:29am
Sindh Ombudsman holds 1st follow-up session with ambassadors of Hamdard University KARACHI: First followup session of Brand Ambassador Program was held on Monday at the Secretariat Provincial... Published 23 Jul, 2024 08:29am
Harris races to lock up White House bid, Trump campaign pivots WASHINGTON: US Vice President Kamala Harris was moving swiftly on Monday to try to lock up the Democratic... Published 23 Jul, 2024 08:29am
South Asia India lifts ban on officials joining far-right Hindu outfit NEW DELHI: India has lifted a decades-old ban on civil servants being members of a far-right Hindu nationalist group... Published 23 Jul, 2024 08:29am
Europe Ukraine says struck preliminary deal for $20bn debt restructure KYIV: Kyiv said Monday it had struck a preliminary deal with international creditors to restructure government debt... Published 23 Jul, 2024 08:29am
Ethiopia landslide kills at least 55 ADDIS ABABA: At least 55 people were killed in a landslide in a remote area of southern Ethiopia on Monday, local... Published 23 Jul, 2024 08:29am
China surprises with cuts to key rates to support weak economy SHANGHAI: China surprised markets by lowering a key short-term policy rate and its benchmark lending rates on ... Published 23 Jul, 2024 08:29am
UN says 2024 decisive to ending AIDS as health threat GENEVA: Decisions political leaders take this year will be decisive whether a target to end AIDS as a public health... Published 23 Jul, 2024 08:29am
Gazans flee as Israel sets sights on safe zone GAZA STRIP: Thousands of Gazans fled an Israeli-designated humanitarian zone Monday after the army ordered them to... Published 23 Jul, 2024 08:29am
Bangladesh PM blames opposition for violence DHAKA: Bangladesh Prime Minister Sheikh Hasina blamed her political opponents for deadly violence that swept the... Published 23 Jul, 2024 08:29am
UAE jails 57 Bangladeshis for protests DUBAI: An Emirati court has sentenced 57 Bangladeshi expatriates to lengthy prison terms for protesting against ... Published 23 Jul, 2024 08:29am
Stocks Reliance, Wipro weigh on Indian shares BENGALURU: Indian shares closed marginally lower on Monday, dragged by Reliance Industries and Wipro after the... Published 23 Jul, 2024 08:29am
Stocks China stocks drop after party meeting SHANGHAI: China stocks declined on Monday, led by banking and energy shares, as President Xi Jinping’s policy... Published 23 Jul, 2024 08:29am
Stocks Europe’s STOXX 600 regains some ground after last week’s battering PARIS: European shares closed up on Monday, recouping some of the steep losses clocked last week with technology and... Published 23 Jul, 2024 08:29am
Stocks Wall St bounces back after sell-off as Biden exit takes centre stage NEW YORK: The S&P 500 and the Nasdaq recouped some of the previous week’s losses on Monday, as investors... Published 23 Jul, 2024 08:29am
Zardari asks Sindh govt to improve Karachi drainage system ISLAMABAD: President Asif Ali Zardari said that the Sindh government should adopt a sustainable and long-term... Published 23 Jul, 2024 08:29am
Punjab ETs should be allowed to work: SC urged to recall its order of 04.07.2024 ISLAMABAD: The Supreme Court has been asked to recall its order dated 04.07.2024 and the Election Tribunals that ... Published 23 Jul, 2024 08:29am
Janjua given into seven-day physical remand ISLAMABAD: The Anti-Terrorism Court (ATC) on Monday granted police a seven-day physical remand of PTI International... Published 23 Jul, 2024 08:29am
Commodities Gold prices up KARACHI: The local gold prices on Monday saw an impetus but silver stood steady, traders said. At the week open,... Published 23 Jul, 2024 08:29am
Taxes FTO ensures payment of Rs17bn refunds to 6,000 complainants LAHORE: The Federal Tax Ombudsman (FTO) has ensured payment of over Rs 17 billion refunds to 6000 complainants over... Published 23 Jul, 2024 08:29am
Cotton & Textile Spot rate firm amid moderate trading LAHORE: The local cotton market on Monday remained overall steady and the trading volume remained a little bit low.... Published 23 Jul, 2024 08:29am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday, (July 22, 2024)... Published 23 Jul, 2024 08:29am
Commodities Japanese futures rise SINGAPORE: Japanese rubber futures closed higher on Monday, as top consumer China cut key rates to boost its fragile... Published 23 Jul, 2024 08:29am
Commodities Malaysian palm oil logs five-day winning streak on good demand KUALA LUMPUR: Malaysian palm oil futures ended higher on Monday, extending gains to a fifth consecutive session on... Published 23 Jul, 2024 08:29am
Commodities Chicago wheat rises CANBERRA: Chicago wheat futures rose on Monday as concerns over production in the United States and France triggered... Published 23 Jul, 2024 08:29am
Commodities Gold prices firm BENGALURU: Gold prices edged up on Monday as the dollar weakened in response to President Joe Biden’s decision to... Published 23 Jul, 2024 08:29am
Commodities Iron ore futures lower SINGAPORE: Prices of iron ore futures edged lower on Monday as investors and traders assessed mixed market signals... Published 23 Jul, 2024 08:29am
Energy Oil prices drop NEW YORK: Oil prices fell for a second consecutive session on Monday to hit their lowest in over a month, as... Published 23 Jul, 2024 08:29am
Commodities Copper, aluminium hit 3-1/2-month low LONDON: Copper and aluminium prices fell to their lowest levels in at least three and a half months on Monday, amid... Published 23 Jul, 2024 08:29am
Energy US natgas prices jump NEW YORK: US natural gas futures jumped about 4% to a one-week high on Monday with an increase in the amount of gas... Published 23 Jul, 2024 08:29am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (July 22, 2024)... Published 23 Jul, 2024 08:29am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (July 22, 2024).... Published 23 Jul, 2024 08:29am
Forex Dollar's rate in Interbank market KARACHI: Interbank closing rates for dollar on Monday (July 22, 2024). ======================== Open Bid Rs... Published 23 Jul, 2024 08:29am
Energy Energy Conservation Building Code, 2023 to be launched today ISLAMABAD: Minister for Power Awais Leghari is to launch the Energy Conservation Building Code (ECBC), 2023 on... Published 23 Jul, 2024 08:29am
Industry Capacity charges to IPPs : Traders chalk out protest strategy FAISALABAD. Industrial and trader’s organizations have chalked out a comprehensive protest strategy individually... Published 23 Jul, 2024 08:29am
Industry Chairman APTMA-North urges govt to revise agreements with IPPs LAHORE: Chairman All Pakistan Textile Mill Association (APTMA) North Kamran Arshad has urged the government to ... Published 23 Jul, 2024 08:29am
Industry Higher power cost: FPCCI body highlights adverse impact on economy KARACHI: The FPCCI Standing Committee on Energy, under the chairmanship of Malik Khuda Bakhsh, held an emergency... Published 23 Jul, 2024 08:29am
Money & Banking BoE plans expanded repo facilities to avert money market crunch LONDON: The Bank of England said on Monday that banks should get ready to make greater use of its repo facilities as... Published 23 Jul, 2024 08:29am
Money & Banking Asian currencies range-bound BENGALURU: Taiwanese shares tanked to a one-month low on Monday with the Taiwanese dollar leading losses among other... Published 23 Jul, 2024 08:29am
Money & Banking US dollar slightly higher NEW YORK: The US dollar was slightly higher on Monday, capturing some safe-haven flows, as investors digested US... Published 23 Jul, 2024 08:29am
Money & Banking Indian rupee ends little changed MUMBAI: The Indian rupee closed nearly flat on Monday after slipping to its weakest level on record earlier in the... Published 23 Jul, 2024 08:29am
LSM: Slow rebound starts Large Scale Manufacturing index for May 2024 grew 7.3 percent year-on-year – the highest growth in 23 months or July... Published 23 Jul, 2024 08:28am
Minister directs PBS officials to prepare five-year strategic plan ISLAMABAD: Federal Minister for Planning Ahsan Iqbal has directed the top officials of Pakistan Bureau of Statistics... Published 23 Jul, 2024 08:27am
Commercial, regulatory disputes: Two company benches set up at SHC ISLAMABAD: The Chief Justice of High Court of Sindh, Justice Muhammad Shafi Siddiqui, has constituted two Company... Published 23 Jul, 2024 08:25am
BOP hosts interactive session on economy with Prof Stefan Dercon KARACHI: The Bank of Punjab held an interactive session of Professor Stefan Dercon with local industry leaders in... Published 23 Jul, 2024 08:25am
Turkmenistan FM reaches Islamabad ISLAMABAD: The Deputy Chairman of the Cabinet of Ministers and Foreign Minister of the Republic of Turkmenistan,... Published 23 Jul, 2024 08:18am
PA Speaker exposes ‘secret attendance’ of opposition members LAHORE: In a surprising revelation, the Speaker of the Punjab Assembly Malik Muhammad Ahmed Khan has exposed the... Published 23 Jul, 2024 08:16am
Industry Digital financial services termed crucial for widespread financial inclusion ISLAMABAD: Digital financial services for micro, small, and medium enterprises (MSME) in rural and semi-urban... Updated 23 Jul, 2024 08:14am
Industry FPCCI demands govt review IPP agreements KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has once again urged the government to... Published 23 Jul, 2024 08:10am
Sharjeel inaugurates PBS’ ‘Route 13’ KARACHI: Sindh Senior Minister Sharjeel Inam Memon on Monday inaugurated new Route 13 of the People’s Bus Service... Published 23 Jul, 2024 08:06am
Wheels down One would think soaring prices of cars, in addition to petrol prices going through the roof together with shrinking... Published 23 Jul, 2024 08:05am
Industry PYMA urges govt to reconsider deals with IPPS KARACHI: Sheikh Khalil Qaiser, Chairman of the Pakistan Yarn Merchants Association (PYMA), along with Senior Vice... Published 23 Jul, 2024 08:03am
Exide Pakistan Limited Exide Pakistan Limited (PSX: EXIDE) was incorporated in Pakistan as a private limited company in association with... Published 23 Jul, 2024 08:01am
Security forces detect movement of 3 terrorists ISLAMABAD: Security forces on Monday detected the movement of three terrorists attempting to infiltrate the... Published 23 Jul, 2024 08:01am
Money & Banking Banking Mohtasib provides relief of Rs681m to banking customers in H12024 KARACHI: The Banking Mohtasib Pakistan (BMP) has granted monetary relief amounting to Rs 681.07 million to the... Published 23 Jul, 2024 07:59am
Bushra approaches LHC seeking details of cases against her LAHORE: Bushra Bibi jailed wife of PTI former chairman Imran Khan on Monday has approached the Lahore High Court... Published 23 Jul, 2024 07:55am
Companies CAT dismisses Neucon Pakistan appeal ISLAMABAD: The Competition Appellate Tribunal (CAT) has dismissed the appeal filed by Neucon Pakistan, affirming the... Updated 23 Jul, 2024 07:52am
IK’s physical remand petition: Office’s objection overruled by LHC LAHORE: A division bench of the Lahore High Court on Monday overruled an office objection on a petition of former... Published 23 Jul, 2024 07:47am
CM directs to leverage technology for good governance LAHORE: Increase reliance on technology to improve monitoring of public service departments of the government, Chief... Published 23 Jul, 2024 07:47am
Muqam condemns targeting state institutions in Bannu ISLAMABAD: Minister of States and Frontier Region (Safron) Amir Muqam on Monday strongly condemned targeting the... Published 23 Jul, 2024 07:45am
PDWP approves three uplift schemes LAHORE: The 08th meeting of Provincial Development Working Party (PDWP) F.Y 2024-25 was held under the Chairmanship... Published 23 Jul, 2024 07:42am
Punjab Police apprehend dangerous fugitive wanted for four murders LAHORE: Punjab Police apprehended a high-profile fugitive with money on his head while he was attempting to flee the... Published 23 Jul, 2024 07:40am
Qureshi, others asked to cross-examine witnesses LAHORE: An Anti Terrorism Court on Monday directed the lawyers of former foreign minister Shah Mahmood Qureshi and... Published 23 Jul, 2024 07:38am
Energy Rs120bn 350MW Jhampir project to start soon: Nasir KARACHI: Provincial Energy Minister Sindh Syed Nasir Hussain Shah chaired a meeting of the Energy Department in ... Published 23 Jul, 2024 07:36am
Companies foodpanda partners with Dvago to expand health solutions KARACHI: foodpanda recently signed a partnership agreement with Dvago, the largest network of Health & Wellness... Published 23 Jul, 2024 07:36am
Industry Investment Minister, Ambassador of Kuwait agreed to promote trade relations ISLAMABAD: Federal Minister for Board of Investment, Privatization and Communications Abdul Aleem Khan and ... Published 23 Jul, 2024 07:35am
Energy Govt urged to renegotiate power tariff with IPPs KARACHI: Industrialists urged the federal government to renegotiate the power tariff in the given contracts with... Published 23 Jul, 2024 07:29am
Energy Hike in fuel prices termed death warrant for economy KARACHI: Sharp increase in petrol and electricity prices has taken the traders by storm amid the historic inflation,... Published 23 Jul, 2024 07:26am
Commodities Punjab govt concerned over inflated prices of chicken LAHORE: Expressing grave concern over the increasing prices of chicken meat, the Punjab government convened a ... Published 23 Jul, 2024 07:23am
Letters ‘IMF is here to stay’ This is apropos a letter to the Editor titled “IMF is here to stay” carried by the newspaper last Saturday. The... Published 23 Jul, 2024 07:19am
Challenges facing the tractor industry The agriculture practices all over the world are increasing farm mechanization, adopting modern technologies... Published 23 Jul, 2024 07:18am
ECP yields, albeit reluctantly EDITORIAL: ECP (Election Commission of Pakistan) has finally announced, after two good days of deliberations, its... Published 23 Jul, 2024 07:15am
Population growth: A growing crisis EDITORIAL: The findings of the 2023 population census, released on July 18, have been of little surprise, as they... Published 23 Jul, 2024 07:10am
Export ambitions vs economic realities While the Government is seeking a 100% increase in exports over the next three years, maintaining even the current... Published 23 Jul, 2024 07:05am
Provincial budgets for FY2024-25 The provincial budgets for 2024-25 have all been presented last month in the respective Provincial Assemblies.... Published 23 Jul, 2024 06:58am
Taxes Monthly tax payment rates for small traders notified ISLAMABAD: The Federal Board of Revenue (FBR) late Monday night notified fixed monthly tax payment rates for small... Published 23 Jul, 2024 06:55am
SECP amends Third Schedule: Securities brokers classified as ‘PIC’ ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has classified securities brokers having ... Published 23 Jul, 2024 06:34am
Money & Banking Brokerage services: DIBPL partners with ZLK ISLAMABAD/KARACHI: Dubai Islamic Bank Pakistan Limited (DIBPL), a subsidiary of Dubai Islamic Bank UAE, the ... Published 23 Jul, 2024 06:34am
Azm-e-Istehkam: An illegal political mafia trying to sabotage the drive: ISPR ISLAMABAD: Pakistan military on Monday declared operation Azm-e-Istehkam as an essential counter-terrorism campaign... Published 23 Jul, 2024 06:34am
Police raid PTI headquarters ISLAMABAD: Police raided the headquarters of jailed former Prime Minister Imran Khan’s party on Monday, a week... Published 23 Jul, 2024 06:34am
PTI’s Raoof Hasan held ISLAMABAD: The city police on Monday arrested Secretary Information Pakistan Tehreek-e-Insaf (PTI) Raoof Hasan from... Published 23 Jul, 2024 06:34am
ECP to hear PTI intra-party polls case today ISLAMABAD: The electoral organisation is scheduled to hear the PTI intra-party elections case on Tuesday (today),... Published 23 Jul, 2024 06:34am
Our entire record seized, claims Gohar ISLAMABAD: The Opposition Leader in the National Assembly, Omar Ayub Khan, alleged on Monday that the government and... Published 23 Jul, 2024 06:34am
Fitch Ratings told: Over 0.15m retailers registered as new taxpayers: Aurangzeb ISLAMABAD: Finance Minister Muhammad Aurangzeb on Monday said more than 150,000 retailers have been registered as... Published 23 Jul, 2024 06:34am
IK says ‘they’ are planning to prosecute him ISLAMABAD: The incarcerated Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan on Monday said ‘they’ ... Published 23 Jul, 2024 06:34am
Middle East Dozens killed as Israel attacks Khan Yunis GAZA STRIP, (Palestinian Territories): The health ministry in Hamas-run Gaza said Monday that an Israeli operation ... Published 23 Jul, 2024 06:34am
Energy FY24 power generation drops 2pc YoY KARACHI: Pakistan’s power generation recorded at 127,259 GWh (14,504MW) during FY24 down 2.0 percent on... Published 23 Jul, 2024 06:34am
Crisis-hit Boeing flies high at Farnborough Airshow FARNBOROUGH, United Kingdom: Boeing announced Monday a raft of orders on the first day of Britain’s Farnborough... Published 23 Jul, 2024 06:34am
Rates PSX closes deep in the red KARACHI: Pakistan Stock Exchange on Monday remained under severe pressure and closed deep in the red with heavy... Published 23 Jul, 2024 06:34am