FM Dar calls for durable, unconditional ceasefire in Gaza Minister says the control of the Rafah crossing should be handed back to Egypt to enhance the provision of humanitarian assistance Published 07 Aug, 2024 11:53pm
Netanyahu says Israel ‘striking enemies’ as attack expected JERUSALEM: Prime Minister Benjamin Netanyahu said Israel was hitting its enemies and “continuing forward to victory”... Published 07 Aug, 2024 10:58pm
WHO says sending over 1 million polio vaccines to Gaza GENEVA: The World Health Organization will send more than one million polio vaccines to war-torn Gaza after the... Published 07 Aug, 2024 10:51pm
Europe Turkey plans to build its own anti-missile defence system ANKARA: Turkey plans to build its own anti-missile system, which it has dubbed “Steel Dome”, the president of the... Published 07 Aug, 2024 10:44pm
Europe France’s Macron urges Iran counterpart to avoid Mideast escalation PARIS: France’s President Emmanuel Macron urged his Iranian counterpart in a phone call Wednesday “to do everything... Published 07 Aug, 2024 10:35pm
Taxes Rashid Mahmood Langrial appointed as new FBR chairman He is presently posted as Secretary Power Division Updated 07 Aug, 2024 10:00pm
Stocks MCB Bank posts earnings of Rs16.8bn in 2Q2024, up over 14% YoY MCB Bank Limited, one of Pakistan’s largest commercial banks, reported profit-after-tax (PAT) of Rs16.79 billion in... Updated 07 Aug, 2024 09:49pm
Stocks Pakistan’s pharma company BF Biosciences looks to raise at least Rs1.38bn through IPO Pakistan’s pharmaceutical company BF Biosciences Limited (BFBL) is planning an initial public offering (IPO) at the... Updated 07 Aug, 2024 09:09pm
Wellalage stars as Sri Lanka hammer India to clinch ODI series COLOMBO: Spinner Dunith Wellalage took 5-27 as Sri Lanka clinched a first ODI series victory over India in 27 years... Updated 07 Aug, 2024 08:54pm
MENA US says Gaza ceasefire still ‘close’ despite tensions WASHINGTON: Israel and Hamas are still close to a ceasefire deal, the White House insisted Wednesday, despite... Published 07 Aug, 2024 08:50pm
Pakistan stands with Bangladesh, hopes for a swift return to normalcy: FO Expresses confidence that the resilient spirit and unity of the Bangladeshi people will lead them towards a harmonious future Updated 07 Aug, 2024 08:45pm
Companies ‘No capacity payments’ received since PPA expiry in October 2022, says KAPCO Pakistan’s power producer Kot Addu Power Company Limited (KAPCO) has rejected reports it is receiving payments... Updated 07 Aug, 2024 08:45pm
PTI challenges Elections (Second Amendment) Bill, 2024 in SC Pakistan Tehreek-e-Insaf (PTI) filed on Wednesday a petition in the Supreme Court (SC) challenging the... Updated 07 Aug, 2024 08:45pm
South Asia Bangladesh army refused to suppress protest, sealing Sheikh Hasina’s fate DHAKA/NEW DELHI: The night before long-time leader Sheikh Hasina abruptly fled Bangladesh amid deadly protests, her... Updated 07 Aug, 2024 08:44pm
South Asia New Bangladesh police chief vows probe into protest killings, offers apology DHAKA: Bangladesh’s newly appointed police chief on Wednesday offered an apology for the conduct of officers during... Published 07 Aug, 2024 08:25pm
PTI’s Aliya Hamza released from jail after bail in May 9 cases Pakistan Tehreek-e-Insaf (PTI) leader Aliya Hamza was released from Gujranwala Jail on Wednesday after her release... Updated 07 Aug, 2024 08:41pm
South Asia Iran’s president tells Macron aggression will not be tolerated DUBAI: Iran will not stay quiet over aggression, President Masoud Pezeshkian told French counterpart Emmanuel Macron... Published 07 Aug, 2024 08:07pm
Energy Oil prices rebound from multi-month lows on Mideast tensions LONDON: Oil prices bounced back from multi-month lows on Wednesday on concerns that an escalating conflict in the... Updated 07 Aug, 2024 07:43pm
Stocks Gulf shares broadly extend gains amid global stock rebound Stocks in the Middle East broadly rose on Wednesday, extending their comeback from an aggressive sell-off in global... Published 07 Aug, 2024 07:36pm
Middle East Israeli army issues new evacuation orders in north Gaza after rocket fire CAIRO: Israeli forces on Wednesday issued new evacuation orders to Palestinians in areas of north Gaza that were... Published 07 Aug, 2024 07:32pm
Companies Adani Enterprises to return to equity market with $1bn share sale, sources say MUMBAI: Adani Enterprises Ltd is likely to launch a $1 billion share sale by mid-September, three sources with... Published 07 Aug, 2024 07:20pm
Stocks US stocks open higher, extending rebound NEW YORK: Wall Street stocks rose early Wednesday as markets look for a second straight positive day after bruising... Published 07 Aug, 2024 07:17pm
Stocks Sri Lankan shares close little changed CSE All-Share index ended 0.01% higher at 11,294.71 points. Published 07 Aug, 2024 07:16pm
PCB confirms revised schedule of Bangladesh ‘A’ Pakistan Cricket Board (PCB) on Wednesday confirmed Bangladesh A men’s team’s revised schedule to the country. The... Published 07 Aug, 2024 06:50pm
Exchange Rupee largely stable against US dollar Currency settles at 278.73 against the greenback in inter-bank market Updated 07 Aug, 2024 06:36pm
South Asia Yunus urges Bangladeshis to ‘get ready to build the country’ DHAKA: Bangladesh’s Muhammad Yunus, who is set to lead a caretaker government after mass protests ousted the... Updated 07 Aug, 2024 06:11pm
Naseem Shah returns to Pakistan’s Test squad for Bangladesh The national selection committee on Wednesday announced a 17-member Pakistan squad for the two-match Test series... Published 07 Aug, 2024 06:08pm
Europe Thousands flee as Russia battles Ukrainian border incursion for 2nd day MOSCOW: Russia was battling a major cross-border incursion from Ukraine for a second day on Wednesday, with... Published 07 Aug, 2024 05:51pm
Stocks Stocks extend recovery, yen slides as volatility grips markets LONDON: European and Asian stocks recovered further and the Japanese yen slid against the dollar on Wednesday with... Updated 07 Aug, 2024 05:47pm
Stocks KSE-100 closes marginally in the red as profit-taking erases early gains The KSE-100 closed in the red on Wednesday after profit-taking wiped out more than 600 points the index had gained... Updated 07 Aug, 2024 05:27pm
Australian hockey player arrested in Paris for buying cocaine PARIS: A player on the Australian men’s hockey team was arrested in Paris and is being held in custody, the... Published 07 Aug, 2024 05:06pm
Movies & Music Sanam Saeed speaks about reaction to ‘Barzakh’, importance of cross-border exchange Pakistani actor Sanam Saeed spoke to Hindustan Times on Tuesday about her latest show, ‘Barzakh’, benefits of... Published 07 Aug, 2024 04:58pm
Stocks Indian shares snap 3-day losing run to join global rebound BENGALURU: India’s benchmark indexes rose about 1% on Wednesday, snapping a three-session losing streak and a day... Published 07 Aug, 2024 04:57pm
Commodities Copper slumps on jump in inventories, weak Chinese data LONDON: Copper prices resumed their downtrend on Wednesday after data from leading metals consumer China showed weak... Published 07 Aug, 2024 04:55pm
Commodities Palm oil surrenders early gains on weaker rival contracts KUALA LUMPUR: Malaysian palm oil futures gave up early gains on Wednesday to extend losses to a third session, as... Published 07 Aug, 2024 04:50pm
South Asia Bangladesh garment factories reopen after Sheikh Hasina’s flight DHAKA: Garment factories in Bangladesh, forecast to account for 90% of the country’s exports, reopened on Wednesday... Published 07 Aug, 2024 04:47pm
Movies & Music Tom Cruise touted for ‘dystopian’ Olympics closing ceremony PARIS: With Tom Cruise widely predicted to engage in a death-defying stunt on the roof of the Stade de France,... Published 07 Aug, 2024 03:43pm
FO in contact with US on Pakistani man charged with alleged ties to Iran Says before giving Pakistan's formal reaction 'we also need to be sure of the antecedents of the individual in question' Updated 07 Aug, 2024 03:23pm
Commodities Jordan issues tender to buy up to 120,000 metric tons wheat HAMBURG: Jordan’s state grain buyer has issued an international tender to buy up to 120,000 metric tons of milling... Published 07 Aug, 2024 02:57pm
South Asia Protesters force four Bangladesh central bank deputies to resign, bank sources say DHAKA: Four deputy governors of Bangladesh’s central bank were forced to resign on Wednesday after about 300-400... Updated 07 Aug, 2024 02:55pm
Mutual Funds JGB yields fall as rate hike bets recede after BOJ’s dovish comments TOKYO: Japanese government bond yields fell on Wednesday as expectations for the Bank of Japan’s rate hike receded... Published 07 Aug, 2024 02:47pm
Forex Kenyan shilling stable versus dollar NAIROBI: Kenya’s shilling was stable against the US dollar on Wednesday, LSEG data showed. At 0807 GMT, the shilling... Published 07 Aug, 2024 02:44pm
Commodities Gold price per tola decreases Rs500 in Pakistan Gold prices in Pakistan continued its downward trajectory on Wednesday, in line with a decrease in international... Published 07 Aug, 2024 02:42pm
Forex Rouble strengthens against yuan, weakens against dollar MOSCOW: The Russian rouble weakened slightly against the dollar but strengthened against the yuan on Wednesday, the... Published 07 Aug, 2024 02:41pm
Stocks Most Gulf markets extend gains as US recession fear fades Most Gulf stock markets rose in early Wednesday trade, on course to extend their comeback from an aggressive... Published 07 Aug, 2024 01:58pm
Health & Wellness Olympics under pressure to dump Coca-Cola sponsorship PARIS: Two health experts on Tuesday called for Olympic organisers to cut ties with Coca-Cola, saying the current... Published 07 Aug, 2024 01:54pm
Boxer in Olympics gender row moves into final, Thomas flies to 200m gold PARIS: Algerian boxer Imane Khelif, at the centre of a row about her eligibility to fight in the women’s category,... Published 07 Aug, 2024 01:45pm
Bianca Andreescu beaten in Toronto opener, Wang to face Gauff TORONTO: Canada’s Bianca Andreescu, the 2019 US Open champion, was ousted by Ukraine’s Lesia Tsurenko on Tuesday in... Published 07 Aug, 2024 01:40pm
Real Madrid edges Chelsea while AC Milan wins on penalties WASHINGTON: Reigning Champions League and La Liga champion Real Madrid concluded a pre-season US tour on Tuesday... Published 07 Aug, 2024 01:37pm
Gazan tailor turns to bicycle to power sewing machine GAZA: In Gaza, where energy is scarce, one Palestinian tailor has found a way to make the wheel of his sewing... Published 07 Aug, 2024 01:34pm
South Asia Sri Lanka’s contentious Rajapaksa scion enters presidential race COLOMBO: Sri Lanka’s ruling party nominated a scion of the controversial Rajapaksa family Wednesday to challenge the... Published 07 Aug, 2024 01:33pm
Middle East Dubai airport traffic sets new half-year record DUBAI: Passenger traffic at Dubai International Airport, the world’s busiest for international travellers, reached a... Published 07 Aug, 2024 01:30pm
Olympic training in Seine authorised for Wednesday PARIS: Paris Olympics organisers said Wednesday that a training session in the river Seine had been authorised, a... Published 07 Aug, 2024 01:29pm
Hudson-Smith bids to end 100-year wait as Korda tees off at Olympics PARIS: Matthew Hudson-Smith will attempt to become Britain’s first Olympic men’s 400m champion in 100 years on... Published 07 Aug, 2024 01:25pm
Forex South African rand firms on improved sentiment, focus on US data JOHANNESBURG: The South African rand firmed in early trade on Wednesday, as risk sentiment improved and markets... Published 07 Aug, 2024 01:04pm
Honda posts 23% Q1 profit jump, helped by hybrid vehicle sales TOKYO: Japan’s Honda Motor reported a 23% increase in first-quarter profit on Wednesday as the automaker benefited... Published 07 Aug, 2024 01:03pm
Kenyan economic growth seen steady at 5.5% in 2025, central bank says NAIROBI: Kenya’s economy is projected to grow 5.5% in 2025, at a similar rate to this year’s 5.4% growth, central... Published 07 Aug, 2024 12:52pm
Commodities China’s July coal imports rise to seven-month high BEIJING: China’s coal imports rose to a seven-month high in July, General Administration of Customs data showed on... Published 07 Aug, 2024 12:50pm
India’s Phogat out of gold medal bout after failing to make weight Indian wrestler Vinesh Phogat was disqualified before the women’s 50kg freestyle final at the Paris Olympics on... Published 07 Aug, 2024 12:49pm
Mutual Funds Euro zone bond yields edge up as nerves subside LONDON: Euro zone government bond yields edged up in calmer trading on Wednesday, after a rout across global... Published 07 Aug, 2024 12:46pm
South Asia Bangladesh protesters expect interim government to be finalised on Wednesday DHAKA: Bangladesh’s protest leaders said they expect members of an interim government, led by Nobel laureate... Published 07 Aug, 2024 12:45pm
Cathay Pacific to buy 30 Airbus A330-900 aircraft Cathay Pacific will buy 30 Airbus A330-900 wide-body aircraft, with options to buy another 30, the Hong Kong-based... Published 07 Aug, 2024 12:22pm
Europe Russia accuses Ukraine of attacking civilians in Kursk, RIA says Ukraine’s attack on Russia’s Kursk region is another ‘terrorist’ attack against civilians, the RIA state news agency... Published 07 Aug, 2024 12:20pm
Forex Indian rupee inches higher; importer hedging, NDF dollar demand cap gains MUMBAI: The Indian rupee gained slightly on Wednesday aided by a broad improvement in risk appetite but strong... Published 07 Aug, 2024 12:17pm
Europe One dead, eight trapped after hotel collapses in Germany on river Moselle FRANKFURT: One person has died and eight others are trapped, some with severe injuries, after a hotel partially... Published 07 Aug, 2024 12:15pm
Capacity payments: Imran Khan govt extended favour to some IPPs: minister This was done through amending arbitration clause in agreement instead of starting further probe in light of recommendations of Muhammad Ali’s report on IPPs Updated 07 Aug, 2024 12:12pm
Commerzbank seeks share buyback, confirms annual outlook as Q2 profit dips FRANKFURT: Germany’s Commerzbank said on Wednesday that it was planning a 600-million-euro ($654.48 million) share... Published 07 Aug, 2024 11:42am
Siemens Energy raises 2024 free cash flow outlook after solid Q3 FRANKFURT/DUESSELDORF: Siemens Energy on Wednesday raised its free cash flow outlook for the second time in three... Published 07 Aug, 2024 11:41am
Sony posts 10% profit rise in Q1, beating estimates TOKYO: Sony on Wednesday booked a 10% rise in operating profit in the April-June quarter, beating analyst estimates.... Published 07 Aug, 2024 11:39am
Europe Turkiye will bid to join ICJ genocide case against Israel, source says ISTANBUL: Turkiye will submit on Wednesday a declaration of intervention in South Africa’s genocide case against... Published 07 Aug, 2024 11:38am
SoftBank books $70.7mn profit in Q1 TOKYO: Japanese technology investor SoftBank Group swung to a small net profit of 10.4 billion yen ($70.7 million)... Published 07 Aug, 2024 11:29am
Commodities London copper slides on firm dollar, Shanghai up BEIJING: London copper prices declined on Wednesday, hurt by a firm dollar and looming concerns about the US and... Published 07 Aug, 2024 11:27am
Commodities Palm rises on weaker ringgit; losses in rival Dalian oils cap gains KUALA LUMPUR: Malaysian palm oil futures rose on Wednesday after closing at a seven-month low in the previous... Published 07 Aug, 2024 11:26am
South Asia India evacuates non-essential staff from its embassy, consulates in Bangladesh, Indian official sources say NEW DELHI: India has evacuated all non-essential staff and their families from its embassy and consulates in... Published 07 Aug, 2024 11:13am
China’s exports growth slows to 3-month low in July, but imports up solidly BEIJING: China’s exports climbed 7.0% in July from year earlier, a slower pace of growth than in June and the... Published 07 Aug, 2024 10:57am
Bullion Rate Gold inches lower as traders assess Fed rate cuts Gold prices edged lower on Wednesday as the US dollar and Treasury yields strengthened, while traders awaited... Published 07 Aug, 2024 10:54am
Stocks Indian shares rise tracking Asian peers; realty stocks advance BENGALURU: Indian shares opened higher on Wednesday, in line with Asian peers, as traders reassessed fears of a US... Published 07 Aug, 2024 10:26am
Forex Australia, NZ dollars jump on yen as BOJ turns cautious SYDNEY: The Australian and New Zealand dollars rallied on Wednesday as surprisingly dovish comments from the Bank of... Published 07 Aug, 2024 10:23am
Commodities Wheat gains for sixth session on strong demand, French crop woes SINGAPORE: Chicago wheat gained more ground on Wednesday, with the market underpinned by strong demand and... Published 07 Aug, 2024 10:20am
Stocks Japanese shares choppy again, BOJ deputy seeks to soothe market TOKYO: Japanese shares swung up and down in morning trade on Wednesday in a rollercoaster week of double-digit... Published 07 Aug, 2024 10:17am
Stocks Asia stocks find some footing, Nikkei still choppy SYDNEY: Asian share markets were mostly firmer on Wednesday after Wall Street bounced and concerns about a US... Published 07 Aug, 2024 10:12am
Stocks Miners, financials pull Australian shares lower; New Zealand stocks gain Australian shares fell in choppy trade on Wednesday, dragged by miners and bank stocks, a day after the country’s... Published 07 Aug, 2024 10:07am
Forex Dollar steady, yen wobbles as traders consider rate cut bets, carry SINGAPORE: The dollar was steady on Wednesday, dragging the yen away from a seven-month peak as currency markets... Published 07 Aug, 2024 10:03am
Suki Kinari HPP achieving commercial operation by month-end ISLAMABAD: The country’s 884-MW Suki Kinari hydropower plant is all set to achieve commercial operations by the end... Updated 07 Aug, 2024 09:37am
Malpractices: PPRA initiates probe against its own officials ISLAMABAD: Public Procurement Regulatory Authority (PPRA) has started probe against its officials for alleged... Updated 07 Aug, 2024 09:37am
Road, rail link with CA states and Europe: Authorities directed to finalise strategic plans ISLAMABAD: The Ministry of Railways and the Ministry of Communications presented their strategic connectivity plans... Updated 07 Aug, 2024 09:36am
IIOJK: NA denounces India’s revocation of special status ISLAMABAD: The National Assembly on Tuesday passed a resolution denouncing India’s revocation of the special status... Updated 07 Aug, 2024 09:15am
Fitch upgrades Wapda’s IDR to ‘CCC+’ ISLAMABAD: Fitch Ratings has upgraded Water and Power Development Authority (Wapda)’s Long-Term Foreign Currency... Updated 07 Aug, 2024 09:14am
Capacity payments to IPPs: SC moved to get ‘2020 Report’ implemented in letter and spirit ISLAMABAD: The Supreme Court has been asked to direct the federal government to take urgent and meaningful steps to... Updated 07 Aug, 2024 09:13am
Oil consumption: stays tepid With the beginning of a new fiscal year, oil sales by Oil Marketing Companies (OMCs) in Pakistan experienced a... Published 07 Aug, 2024 09:05am
Roshan Packages Limited Roshan Packages Limited (PSX: RPL) was incorporated in Pakistan as a private limited company in 2002 and was... Published 07 Aug, 2024 08:55am
NA passes elections amendment bill amid PTI protest ISLAMABAD: The National Assembly, Tuesday, passed “The Elections (Second Amendment) Bill, 2024” incorporating two... Updated 07 Aug, 2024 08:36am
Educational, health institutions: Senate panel tells FBR to give details of tax, duty relief ISLAMABAD: The Senate Standing Committee on Finance has sought details of the educational and health institutions... Updated 07 Aug, 2024 08:36am
OICCI explains its contributions to country’s economy KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI), the representative body for the top 210... Updated 07 Aug, 2024 08:35am
BR’s refresher: your morning briefing for the day Important updates from August 6, 2024 Published 07 Aug, 2024 08:34am
Misclassification of steel products: FBR urged to recover taxes from importers ISLAMABAD: The documented steel sector has conveyed to the Federal Board of Revenue (FBR) that misclassification of... Updated 07 Aug, 2024 08:00am
Commonwealth secretary- general visits NUST ISLAMABAD: The National University of Sciences & Technology (NUST) welcomed a senior delegation of the... Published 07 Aug, 2024 07:53am
Governor vows to help resolve issues facing overseas Pakistanis LAHORE: Announcing to play every possible role in extending facilities to the overseas Pakistani investors, Punjab... Published 07 Aug, 2024 07:52am
UAF delegates visit Washington State University FAISALABAD: University of Agriculture Faisalabad’s five-member delegation visited the Washington State University... Published 07 Aug, 2024 07:51am
Energy Tarbela 5th Extension Project: Wapda chief, World Bank team review progress LAHORE: Chairman Wapda Engr Lt Gen Sajjad Ghani (r) visited Tarbela 5th Extension Hydropower Project and reviewed... Updated 07 Aug, 2024 07:50am
Monsoon tree-plantation drive launched KARACHI: Sindh Environmental Protection Agency (Sindh EPA) has launched a monsoon tree plantation campaign to combat... Published 07 Aug, 2024 07:49am
Climbers retrieve porter's body a year after K2 summit KHAPLU: Climbers recovered the body of a Pakistani porter from K2 mountain, a climbing federation confirmed Tuesday,... Published 07 Aug, 2024 07:48am
DC, officials inspect flood prevention measures in Johi HYDERABAD: Divisional Commissioner Hyderabad, Bilal Memon, along with Deputy Commissioner Dadu, Faheem Ahmed ... Published 07 Aug, 2024 07:46am
China-Pakistan Economic Corridor: Economic, social, environmental and geopolitical impacts discussed QUETTA: The Centre for Development and Stability (CDS), a think tank, in collaboration with Sardar Bahadur Khan... Published 07 Aug, 2024 07:44am
Facilities being provided to IK: IHC seeks report from jail authorities ISLAMABAD: The Islamabad High Court (IHC) on Tuesday sought a report from the jail authorities regarding the... Published 07 Aug, 2024 07:42am
Internet disrupted as fiber optic cable set on fire in Islamabad ISLAMABAD: The internet services affected in several cities including Islamabad and Peshawar on Tuesday after fiber... Updated 07 Aug, 2024 07:42am
KP cabinet approves draft legislation to regulate livestock, poultry production PESHAWAR: The 11th Meeting of the Provincial Cabinet was held at Civil Secretariat; Peshawar on Tuesday presided by... Published 07 Aug, 2024 07:39am
Rally at Minar-i-Pakistan on Aug 14: LHC seeks replies from home secretary Punjab & DC Lahore LAHORE: The Lahore High Court on Tuesday sought replies from the home secretary Punjab and the deputy commissioner... Published 07 Aug, 2024 07:37am
Mashreq embarks on K2 cleanup mission KARACHI: Mashreq, under its global Climb2Change initiative, has conducted clean-up and environmental conservation... Published 07 Aug, 2024 07:35am
Poor prisoners will get free legal aid: CM LAHORE: Poor prisoners who cannot afford lawyers to defend their cases in courts will get free legal aid, Chief... Published 07 Aug, 2024 07:34am
Industry Dagha underscores need for ‘substantial’ policy rate cut KARACHI: Chairman Policy Research Advocacy Council of Karachi Chamber of Commerce & Industry (PRAC-KCCI) ... Updated 07 Aug, 2024 07:29am
Agriculture and Allied CM Livestock Card: Punjab govt to enable 80,000 farmers soon thru cash digital framework: minister LAHORE: “The Punjab government will soon enable 80,000 livestock farmers to easily purchase fodder, silage and... Published 07 Aug, 2024 07:28am
Rs17.83bn water charges target set for FY 2024-25 LAHORE: The government has set a target of Rs 17.83 billion for recovery of water charges for the fiscal year ... Published 07 Aug, 2024 07:26am
Tessori orders action to control crime in Karachi KARACHI: Sindh Governor Kamran Khan Tessori has stressed to take stern action to control crime in the city of... Published 07 Aug, 2024 07:24am
Women's skills and fitness camp starts tomorrow LAHORE: As many as 25 women cricketers will take part in a ‘Skills and Fitness Camp’ here at the National ... Updated 07 Aug, 2024 07:22am
The Weather KARACHI: The weather report on Tuesday (August 06, 2024) and the forecast for Wednesday (August 07, 2024)... Updated 07 Aug, 2024 07:19am
Regent Plaza Hotel formally handed over to SIUT KARACHI: Formal agreement signing and transfer of the title and possession was carried between SIUT (Sindh Institute... Updated 07 Aug, 2024 07:18am
JI says will start ‘dharna marches’ from tomorrow ISLAMABAD: The Jamaat-e-Islami (JI) Pakistan has announced to organise a series of dharna marches, beginning with a... Updated 07 Aug, 2024 07:18am
Floods in Chitral: British High Commission says has funded essential items for 300 families ISLAMABAD: The British High Commission (HC) in Islamabad announced on Tuesday that it has funded essential items for... Updated 07 Aug, 2024 07:16am
Tensions in Lebanon: Pakistan issues travel advisory ISLAMABAD: Pakistan, on Monday, issued advisory to its citizens against travelling to Lebanon amid escalating ... Updated 07 Aug, 2024 07:16am
Two critical media bills reviewed: Tarar says ready to bring JPC under his ministry ISLAMABAD: The Senate Standing Committee on Information and Broadcasting reviewed two significant pieces of... Published 07 Aug, 2024 07:15am
Opposition criticises bill as govt tries to defend it ISLAMABAD: In a session marked by heightened tensions, the Pakistan Tehreek-e-Insaf (PTI)-backed Sunni Ittehad... Updated 07 Aug, 2024 07:14am
BR reporter Muhammad Ali’s father passes away KARACHI: Muhammad Safdar Ali, the father of BR staff reporter Muhammad Ali, passed away on Monday after a prolonged... Published 07 Aug, 2024 07:12am
PTI’s Raoof Hasan granted bail in terrorism case ISLAMABAD: The Anti-Terrorism Court (ATC), on Tuesday, granted bail to Pakistan Tehreek-e-Insaf (PTI) Secretary... Updated 07 Aug, 2024 07:11am
All bus terminals to be moved outside Karachi, shuttle service to be introduced KARACHI: To facilitate the Karachiites, the government of Sindh has decided to shift all bus stations outside the... Updated 07 Aug, 2024 07:11am
Industry SECP identifies ‘Aviva Investment’ as illegal trading platform ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has identified an illegal trading platform... Published 07 Aug, 2024 07:09am
Industry RCCI organizes Pak America Business & Investment Conference in US ISLAMABAD: Rawalpindi Chamber of Commerce and Industry (RCCI) in collaboration with Pak World Trade and Expo Centre... Published 07 Aug, 2024 07:08am
Energy KE dismantles illegal underground cables in Korangi KARACHI: K-Electric (KE) continued its crackdown on electricity theft and defaulters with the support of law... Updated 07 Aug, 2024 07:05am
Industry Govt’s decision to launch Rs1.1trn scheme for SMEs welcomed KARACHI: Leaders of United Business Group (UBG), Zubair Tufail, Khalid Tawab, Hanif Gohar, Syed Mazhar Ali Nasir ... Updated 07 Aug, 2024 07:04am
Industry LCCI speaks about business community’s ordeal LAHORE: The Lahore Chamber of Commerce and Industry has expressed deep concerns regarding the steep charges imposed... Published 07 Aug, 2024 07:02am
Industry Once again, PSMA urges govt to allow export of ‘surplus’ sugar LAHORE: The Pakistan Sugar Mills Association (PSMA) has once again asked the government to allow early export of... Updated 07 Aug, 2024 07:00am
World Bank says ready for PPP with Punjab govt in various sectors LAHORE: The World Bank has expressed its consent for a public-private partnership (PPP) with the Punjab government... Published 07 Aug, 2024 06:53am
FBR digitalisation initiatives face challenges? LAHORE: The Federal Board of Revenue’s (FBR) endeavours to enhance its digital capabilities are facing obstacles... Published 07 Aug, 2024 06:49am
Agriculture and Allied PFA & PCJCCI, Ecommerce Pvt Ltd collaborates LAHORE: Punjab Food Authority (PFA) collaborated with Ecommerce Pvt Ltd and Pakistan China Joint Chamber of Commerce... Updated 07 Aug, 2024 06:47am
Letters Lesson learned from Bangladesh… The student protests in Bangladesh, which began in June 2024, in Dhaka, quickly spreading to other cities such as... Published 07 Aug, 2024 06:43am
The challenge of IPPs—III Nepra report further states: “2.3.7 Energy Charges vs. Capacity Charges: The consumer-end tariff comprises Energy... Updated 07 Aug, 2024 06:39am
Karachi needs monsoon-ready urban governance Multiple weather forecasts suggest that Pakistan and Karachi may yet see an abnormal monsoon season this year, with... Published 07 Aug, 2024 06:26am
PIA’s predicament From Perfect in the Air (PIA) to Perhaps I Arrive (PIA). The story of the national carrier is way more than a... Published 07 Aug, 2024 06:30am
PARTLY FACETIOUS: There’s a philosopher in all of us “We always but always give an easy out to our adversaries.” “We as in?” “Pakistanis.” “If that were so, the ongoing... Updated 07 Aug, 2024 06:20am
A disgraced Hasina EDITORIAL: In the end, things moved just too fast for Sheikh Hasina, now Bangladesh’s ex-prime minister. But, if... Published 07 Aug, 2024 06:19am
Govt required to take belt-tightening steps EDITORIAL: The government is to begin a legislative process this month designed to initiate implementation of... Updated 07 Aug, 2024 06:15am
PCB revises central contract system for new domestic season LAHORE: With significant changes in the central contract system, the Pakistan Cricket Board (PCB) has unveiled the... Published 07 Aug, 2024 06:10am
HK Junior Squash Championship: Young Huzaifa makes Pakistan proud LAHORE: Young Huzaifa Shahid emerged victorious at the Jessica Company Hong Kong Junior Squash Open 2024, held at ... Published 07 Aug, 2024 06:07am
China hopes ‘social stability can be restored’ soon in Bangladesh BEIJING: China hopes that “social stability can be restored in Bangladesh” soon, the foreign ministry in Beijing... Published 07 Aug, 2024 05:38am
Europe No end to UK protests as govt expands jail capacity LIVERPOOL (England): The British government has increased its prison capacity to help tackle violent, week-long... Published 07 Aug, 2024 05:38am
CPJ urges Bangladesh to protect journalists New York: The Committee to Protect Journalists condemns the latest attacks on dozens of journalists covering... Published 07 Aug, 2024 05:38am
Google for Startups launches AI Academy KARACHI: Google for Startups Tuesday announced the launch of AI Academy, a new program designed to support and... Published 07 Aug, 2024 05:38am
E-govt much-needed project, says planning minister ISLAMABAD: Minister for Planning, Development and Special Initiatives Ahsan Iqbal said that E-government is a... Published 07 Aug, 2024 05:38am
South Asia Bangladesh president dissolves parliament; Khaleda Zia freed DHAKA: Bangladesh’s president dissolved parliament on Tuesday, clearing the way for an interim government and new... Published 07 Aug, 2024 05:38am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (August 06, 2024). ==================================== BR... Published 07 Aug, 2024 05:38am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Tuesday (August 06, 2024). ======================================= Offset... Published 07 Aug, 2024 05:38am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (August 06, 2024)... Published 07 Aug, 2024 05:38am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (August 06, 2024).... Published 07 Aug, 2024 05:38am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (August 06, 2024).... Published 07 Aug, 2024 05:38am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 07 Aug, 2024 05:38am
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 07 Aug, 2024 05:38am
Rates LME official prices LONDON: The following were Monday official prices. ========================================= ALUMINIUM... Published 07 Aug, 2024 05:38am
Cotton & Textile Rising trend persists on cotton market LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Tuesday increased the spot rate by Rs 200... Published 07 Aug, 2024 05:38am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday, (August 06, 2024)... Published 07 Aug, 2024 05:38am
Rates Activities of Karachi Port Trust, Port Qasim KARACHI: The Karachi Port Trust handled 194,272 tonnes of cargo comprising 102,195 tonnes of import cargo and 92,077... Published 07 Aug, 2024 05:38am
Commodities Malaysian palm oil futures easier KUALA LUMPUR: Malaysian palm oil futures extended losses for a second session on Tuesday to close at their lowest in... Published 07 Aug, 2024 05:38am
Commodities Gold eases as dollar firms, Fed rate cut hopes lend support BENGALURU: Gold prices eased on Tuesday as the dollar firmed, although expectations of a US rate cut in September ... Published 07 Aug, 2024 05:38am
Commodities PMEX daily trading report KARACHI: On Monday at PMEX, the traded value of metals, Energy, COTS and indices was recorded at PKR 38.350 billion... Published 07 Aug, 2024 05:38am
Energy US natgas rebounds on short-covering NEW YORK: US natural gas futures gained more than 1% on Tuesday as forecasts for a return to warmer than usual... Published 07 Aug, 2024 05:38am
Stocks Japanese shares rally hard after biggest sell-off TOKYO: Japanese stocks rebounded sharply on Tuesday from the previous session’s searing sell-off and double-digit... Published 07 Aug, 2024 05:38am
Stocks China stocks, yuan ease despite regional rebound SHANGHAI: China stocks fell to six-month lows on Tuesday despite a regional relief rally, and the yuan eased from... Published 07 Aug, 2024 05:38am
Stocks Europe’s STOXX 600 edges up in global recovery PARIS: European shares rose on Tuesday, mirroring a recovery in global markets after the previous day’s mauling,... Published 07 Aug, 2024 05:38am
Stocks Wall St bounces back after global stocks rout NEW YORK: Wall Street’s main stock indexes rose over 1% on Tuesday, as investors looked for bargains after a ... Published 07 Aug, 2024 05:38am
Stocks Mideast markets rebound as Fed calms investor nerves DUBAI: Most stock markets in the Middle East rebounded on Tuesday, clawing back some of their losses from the... Published 07 Aug, 2024 05:38am
Energy PPL maximizes domestic hydrocarbon output KARACHI: Pakistan Petroleum Limited (PPL) has announced its contribution towards Pakistan’s energy outlook as it... Published 07 Aug, 2024 05:38am
Energy Minister discusses solar panel supply project KARACHI: Sindh Energy Minister Syed Nasir Shah presided over a meeting on free solar supply project with senior... Published 07 Aug, 2024 05:38am
Energy FY24: Oil production up; gas’s down KARACHI: The oil production of Pakistan has increased by 1.4 percent on year-on-year basis during FY24, however gas... Published 07 Aug, 2024 05:38am
CJP donates 31,680sqft of land to B’stan govt ISLAMABAD: Chief Justice of Pakistan (CJP) Qazi Faez Isa donated 31,680 square feet land, owned by him and Qazi ... Published 07 Aug, 2024 05:38am
Taxes Blacklisting, suspension: FBR empowers CC-IR to review orders ISLAMABAD: The Federal Board of Revenue (FBR) has empowered the Chief Commissioners (Inland Revenue) to review the... Published 07 Aug, 2024 05:38am
Dar reaches KSA to attend OIC moot ISLAMABAD: Deputy Prime Minister/ Foreign Minister Ishaq Dar reached Saudi Arabia to participate in the ... Published 07 Aug, 2024 05:38am
Energy OGDCL announces gas condensate discovery ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) on Tuesday announced the discovery of gas condensate... Published 07 Aug, 2024 05:38am
Rates PSX stages recovery KARACHI: Pakistan Stock Exchange on Tuesday witnessed a positive trend due to fresh buying on attractive, low ... Published 07 Aug, 2024 05:38am
Commodities Iron ore futures lower BEIJING: Iron ore futures prices drifted lower on Tuesday, as wider losses induced production cuts among steelmakers... Published 07 Aug, 2024 05:37am
Commodities Copper losses deepen on investor fears of potential slowdown LONDON: Copper prices extended losses on Tuesday as speculators remained pessimistic about global growth and weak... Published 07 Aug, 2024 05:37am
Commodities Japanese rubber futures up on supply woes SINGAPORE: Japanese rubber futures edged up on Tuesday, buoyed by supply disruptions in top producer Thailand,... Published 07 Aug, 2024 05:37am
Commodities Soybeans fall on improved US crop conditions SINGAPORE: Chicago soybeans slid for the first time in three sessions on Tuesday, with pressure from expectations of... Published 07 Aug, 2024 05:37am
Money & Banking Asian currencies: Ringgit slips 1pc and off one-year high BENGALURU: Equities in Asian emerging markets regained some footing on Tuesday after a brutal global sell-off a day... Published 07 Aug, 2024 05:37am
Money & Banking Dollar recovers ground, yen steady NEW YORK: The dollar recovered ground against most major peers on Monday and the Japanese yen steadied around ... Published 07 Aug, 2024 05:37am
Money & Banking High standards, skills: SBP chief highlights importance KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad has emphasised the importance of developing skills and... Published 07 Aug, 2024 05:37am
Industry Minister says ‘high’ profit margin of fertiliser companies to be trimmed ISLAMABAD: Federal Minister for Industries and Production Rana Tanveer Hussain, Tuesday, said urea fertiliser... Published 07 Aug, 2024 05:37am
Companies Ufone 4G announces ‘Franchise Health Insurance Programme’ KARACHI: Pakistani telecom company, Ufone 4G has announced the launch of an industry-first “Franchise Health... Published 07 Aug, 2024 05:37am
Commodities Gold falls slightly KARACHI: The local gold prices on Tuesday saw a slight fall as the global bullion value again receded close to $2400... Published 07 Aug, 2024 05:37am
Companies Saudi Aramco quarterly profit dips as output stays low RIYADH: Saudi oil giant Aramco on Tuesday reported net profit of $29.07 billion in the second quarter, a slight drop... Published 07 Aug, 2024 05:37am
Companies Jazz CEO outlines several key policy interventions for cashless society ISLAMABAD: Chief Executive Officer (CEO) Jazz and Chairman Telecom Operators Association Aamir Ibrahim outlined... Published 07 Aug, 2024 05:37am
Moroccan envoy stresses need for enhancing trade KARACHI: The bilateral trade volume between Pakistan and Morocco is less than expected and has significant potential... Published 07 Aug, 2024 05:37am
Companies Year ended June 30, 2024: LCI announces 330pc final cash dividend KARACHI: Following the meeting of the Board of Directors, Lucky Core Industries Limited (the “Company”) ... Published 07 Aug, 2024 05:37am
Fed under pressure to cut rates as market turmoil continues WASHINGTON: The ongoing global stock sell-off has fueled calls for the US Federal Reserve to lower interest rates... Published 07 Aug, 2024 05:37am
Loan rollovers will take place this month: Aurangzeb ISLAMABAD: Finance Minister Muhammad Aurangzeb said that rollover of loan from friendly countries for Pakistan would... Published 07 Aug, 2024 05:37am
Climate financing after IMF loan approval: Aurangzeb ISLAMABAD: Finance Minister Muhammad Aurangzeb said on Tuesday that that climate financing will be taken up after ... Published 07 Aug, 2024 05:37am
USA US charges Pakistani man with alleged ties to Iran in foiled assassination plot WASHINGTON: A Pakistani man with alleged ties to Iran has been charged in the United States in connection with a... Published 07 Aug, 2024 12:27am