Commodities Unilever Pakistan says will challenge order after CCP imposes Rs60mn penalty Unilever Pakistan has said that it will challenge the order of the Competition Commission of Pakistan (CCP) after... Updated 10 Aug, 2024 03:14pm
Europe Plane crashes near Sao Paulo, Brazil, all 62 on board presumed dead SAO PAULO: An airliner with 62 people on board crashed in Brazil on Friday, and the country’s president said that... Updated 10 Aug, 2024 12:22am
Javelin ace Arshad Nadeem receives gold medal at Paris Olympics Pakistan’s star athlete Arshad Nadeem has received a gold medal for his historic win in the men’s javelin throw... Updated 09 Aug, 2024 11:39pm
US to lift ban on offensive weapons sales to Saudi Arabia, sources say WASHINGTON: The Biden administration has decided to lift a ban on U.S. sales of offensive weapons to Saudi Arabia,... Published 09 Aug, 2024 11:35pm
Lebanon security source says Israel strike kills Hamas camp official BEIRUT: A Lebanese security source said an Israeli strike on a vehicle in the southern city of Sidon on Friday... Published 09 Aug, 2024 10:46pm
NetSol Technologies, IGNITE to establish startup incubation center in Lahore NetSol Technologies has signed a contract with IGNITE - National Technology Fund, a company under the Ministry of IT... Updated 09 Aug, 2024 10:24pm
Currency Rupee registers marginal gain against US dollar Currency settles at 278.55 against the greenback in inter-bank market Updated 09 Aug, 2024 10:24pm
Lucky Cement’s earnings jump 21% in 2024 Lucky Cement’s profit-after-tax amounted to Rs72.34 billion, an increase of over 21% during the year 2024, compared... Updated 09 Aug, 2024 10:22pm
Business & Economy Pakistan’s remittance inflow stands at $3bn in July, up 48% year-on-year On monthly basis, inflow down 5% Amount from Saudi Arabia remains highest at $761mn Updated 09 Aug, 2024 10:18pm
Islamabad rejects Israeli media’s report alleging Pakistan plans to supply Iran with missiles Such reports are patently false, says FO Spokesperson Mumtaz Zahra Baloch Updated 09 Aug, 2024 10:08pm
A golden moment: Arshad Nadeem’s Olympic triumph ‘a gift’ to Pakistan on Independence Day Pakistan’s star athlete Arshad Nadeem dedicated his record-breaking performance at Thursday night’s Paris Olympics... Updated 09 Aug, 2024 10:04pm
Energy Oil on track for 3% weekly gains on positive economic data, rate cut hopes Brent crude futures up 37 cents, or 0.5%, at $79.53 a barrel by 12:05pm ET (1605 GMT) Updated 09 Aug, 2024 10:04pm
Business & Economy Pakistan, China discuss energy sector reforms Pakistan has already requested Beijing to re-profile energy sector debt owed to China Updated 09 Aug, 2024 10:01pm
Companies From local roads to international highways: Indus Motor exports ‘Make in Pakistan’ Toyota vehicles In a first, Indus Motor Company (IMC) announced its pioneering export initiative at a ceremony held at the company’s... Published 09 Aug, 2024 08:31pm
Stocks Wall St edges lower as volatile week draws to a close Wall Street’s main indexes were set to clock weekly losses on Friday, capping off a tumultuous week where global... Published 09 Aug, 2024 07:45pm
Stocks PSX maintains momentum, KSE-100 Index up nearly 700 points Bullish momentum persisted at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 Index gained nearly 700... Updated 09 Aug, 2024 07:16pm
Arshad Nadeem’s triumph: overcoming adversity, nepotism in Pakistan sports In a remarkable display of talent and determination, Arshad Nadeem, the son of a bricklayer from the small town of... Published 09 Aug, 2024 07:03pm
Energy Global LNG: Asia spot LNG prices remain at 7-month high amid Russian supply concerns LONDON: Asian spot liquefied natural gas (LNG) prices remained at their highest level in over seven months, tracking... Published 09 Aug, 2024 06:58pm
Stocks Sri Lankan shares inch up as utilities stocks rise CSE All-Share index ended 0.44% higher at 11,303.22 points Published 09 Aug, 2024 06:56pm
South Asia Hundreds protest in Dhaka over violence against Hindus in Bangladesh DHAKA: Hundreds of people protested in the Bangladeshi capital Dhaka on Friday against violence targeting the... Published 09 Aug, 2024 06:41pm
Punjab govt announces Rs100m reward for Arshad Nadeem Arshad clinches Pakistan's first Olympic gold in 40 years Published 09 Aug, 2024 06:19pm
Viral Turkish shooter says calm demeanour belied the storm within ANKARA: Turkish shooter Yusuf Dikec went viral for his cool, calm demeanour at the Paris Olympics, but said there... Published 09 Aug, 2024 06:08pm
Stocks Ex-dividend, poor earnings weigh on Dubai; Abu Dhabi slightly higher Dubai’s stock market closed flat on Friday for a second straight day, while rising oil prices and global recovery... Published 09 Aug, 2024 05:53pm
Macroeconomic indicators on an upward trajectory: Aurangzeb ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, had a meeting Thursday with a... Updated 09 Aug, 2024 05:49pm
Europe Macron says war in Gaza ‘must stop’ PARIS: French President Emmanuel Macron on Friday called for an end to the fighting in Gaza, saying France was... Published 09 Aug, 2024 05:42pm
Middle East Israel agrees to resume Gaza truce talks next week GAZA STRIP: Israel has agreed to resume Gaza ceasefire talks next week at the request of international mediators,... Published 09 Aug, 2024 05:34pm
MENA Pakistan’s Independence Day to be celebrated in Dubai on August 11 Event at Dubai World Trade Centre is likely to draw 10,000 people Published 09 Aug, 2024 05:18pm
Middle East Families flee new Israeli assault in Gaza’s Khan Younis CAIRO/GAZA: Israeli tanks returned to the southern Gaza city of Khan Younis on Friday, forcing thousands to evacuate... Published 09 Aug, 2024 05:06pm
Europe Ten killed, 35 hurt in Russian strike on supermarket in Ukraine’s east A Russian missile strike hit a supermarket in the Ukrainian town of Kostiantynivka in the front-line Donetsk region... Published 09 Aug, 2024 04:52pm
Bullion Rate Gold price per tola increases Rs1,000 in Pakistan Gold prices in Pakistan registered gains on Friday in line with the increase in the international rate. In the local... Published 09 Aug, 2024 04:46pm
Stocks Indian shares trim weekly losses as US data allays slowdown fears BENGALURU: Indian shares ended higher on Friday, narrowing their weekly losses sparked by a brutal sell-off earlier... Published 09 Aug, 2024 04:45pm
Commodities Copper rallies as US growth fears ease and Chinese stocks slide LONDON: Copper prices bounced on Friday after U.S. jobs data eased fears of a growth slowdown in the United States... Published 09 Aug, 2024 04:43pm
Commodities Palm oil closes higher but logs third weekly decline KUALA LUMPUR: Malaysian palm oil futures rose on Friday, buoyed by stronger rival Dalian and Chicago contracts and... Published 09 Aug, 2024 04:41pm
Travel Montenegro’s Adriatic gem struggles with tourist influx KOTOR, Montenegro: A UNESCO World Heritage Site nestled on the edge of a picturesque Adriatic bay, the town of Kotor... Published 09 Aug, 2024 03:52pm
Movies & Music Olympic record despite ‘no resources’: Malala, Sarwat join chorus of celebration for Arshad Nadeem Pakistan’s celebrities joined the entire nation in cherishing and congratulating star athlete Arshad Nadeem after he... Updated 09 Aug, 2024 03:22pm
Arts Banksy unleashes animals on London, but what do they mean? LONDON: A goat, two elephants, three monkeys and one wolf. Four Banksy murals which have appeared in London this... Published 09 Aug, 2024 03:18pm
From PepsiCo to P&G, India becomes next big growth bet as China lags India has become the next big bet for PepsiCo, Unilever and other packaged goods giants looking to fill the growth... Published 09 Aug, 2024 03:17pm
Forex Rouble weakens amid stronger demand for foreign currency MOSCOW: The Russian rouble weakened against the dollar on Friday as demand for foreign currency edged up, with some... Published 09 Aug, 2024 02:57pm
Commodities France sees 25% drop in 2024 soft wheat crop after relentless rainfall PARIS: France’s farm ministry on Friday sharply lowered its estimate of the country’s 2024 soft wheat output, now... Published 09 Aug, 2024 02:53pm
Forex Ugandan shilling; commodity export dollar inflows support KAMPALA: The Ugandan shilling was unchanged on Friday as dollar inflows from commodity exporters and investors... Published 09 Aug, 2024 02:51pm
Joy in Pakistan village as Arshad Nadeem spears Olympic gold MIAN CHANNU: Dozens of villagers gathered in front of the home of Pakistan athlete Arshad Nadeem to watch the... Published 09 Aug, 2024 01:57pm
Middle East Triple attack targets ship off Yemen: maritime security firm DUBAI: Three attempted attacks likely launched by Houthi rebels targeted a merchant vessel off Yemen but caused no... Published 09 Aug, 2024 02:02pm
Hungary’s Rasovszky wins men’s Olympic 10k marathon swimming PARIS: Hungary’s Kristof Rasovszky won gold in the Olympic men’s 10k marathon swimming at the Paris Games on Friday.... Published 09 Aug, 2024 01:46pm
Sindh govt announces Rs50mn for Olympic gold medalist Arshad Nadeem Karachi Mayor Murtaza Wahah announces to establish 'Arshad Nadeem Athletics Academy' in the city Updated 09 Aug, 2024 01:43pm
Look forward to deepen cooperation with Bangladesh, PM Shehbaz congratulates Prof. Yunus Prime Minister Shehbaz Sharif on Friday, while felicitating Professor Muhammad Yunus on his swearing in as Chief... Updated 09 Aug, 2024 01:41pm
US top-seed Gauff ousts Wang, Azarenka advances at Toronto TORONTO: US top-seed Coco Gauff advanced to the third round of the WTA Toronto Masters on Thursday with a 6-4, 6-4... Published 09 Aug, 2024 01:37pm
Algerian boxer in gender row goes for Olympic gold PARIS: Algerian boxer Imane Khelif, at the centre of an Olympic gender eligibility row, goes for gold in Paris on... Published 09 Aug, 2024 01:33pm
South Asia Indian FM on first visit to Maldives since troops sent packing NEW DELHI: India’s foreign minister Subrahmanyam Jaishankar leaves Friday on his first trip to the neighbouring... Published 09 Aug, 2024 12:40pm
Europe Turkiye bus crash kills 9, injures 26 ANKARA: A bus crashed through a highway bridge near Ankara early Friday, killing nine people and injuring 26, the... Published 09 Aug, 2024 12:36pm
South Asia Top Indian opposition leader granted bail NEW DELHI: India’s Supreme Court on Friday granted bail to a top opposition politician who was detained last year... Published 09 Aug, 2024 12:33pm
Stocks European stock markets climb at open LONDON: Europe’s main stock markets grew slightly at the start of trading on Friday, the end of a roller-coaster... Published 09 Aug, 2024 12:30pm
US sprinter Lyles says his Paris run is over PARIS: American Noah Lyles said that his Paris Games are over, hours after he needed medical attention following his... Published 09 Aug, 2024 12:24pm
Commodities Corn falls to near four-year low; soy and wheat edge higher JAKARTA: Chicago corn fell for a fourth straight session on Friday and hit its lowest since November 2020, while... Published 09 Aug, 2024 12:22pm
Asia China’s rains and floods led to near doubling of natural disaster losses in July BEIJING: Extreme rainfall and severe flooding in China led to a near doubling in economic losses from natural... Published 09 Aug, 2024 12:19pm
Jelena Ostapenko cools down Paula Badosa in Toronto Fourth-seeded Jelena Ostapenko of Latvia delivered 28 winners while posting a 3-6, 7-6 (3), 6-2 victory over Spain’s... Published 09 Aug, 2024 12:15pm
Men’s 10km marathon swimming to go ahead as scheduled, water quality compliant, say organisers The Olympic men’s 10km marathon swimming event will go ahead as scheduled on Friday 7:30 a.m. (0530 GMT) in the... Published 09 Aug, 2024 12:12pm
South Asia Sheikh Hasina will return to Bangladesh for elections, her son says NEW DELHI: Former Bangladesh Prime Minister Sheikh Hasina will return to her country when its new caretaker... Published 09 Aug, 2024 11:59am
Stocks China stocks rise on stronger-than-expected inflation data SHANGHAI: China stocks rose on Friday after data showed the country’s consumer prices increased at a... Published 09 Aug, 2024 11:17am
Commodities Palm lifted by gains in rival oils, but set for third weekly drop KUALA LUMPUR: Malaysian palm oil futures climbed on Friday, buoyed by stronger rival Dalian and Chicago contracts... Published 09 Aug, 2024 11:14am
Commodities Copper rebounds on US jobs data, still heads for weekly decline Base metals prices rose on Friday, tracking gains in the equities market and supported by rate cut hopes and... Published 09 Aug, 2024 11:12am
Commodities Vietnam Jan-July coffee exports down 12.4% on year at 979,353 T, customs dept says HANOI: Vietnam’s coffee exports in the first seven months of this year were 979,353 metric tons, down 12.4% from a... Published 09 Aug, 2024 11:09am
Commodities Ukraine steel output jumps by a third for Jan-July 2024, producers say KYIV: Ukraine produced 4.6 million metric tons of steel in the first seven months of 2024, up 33.6% from a year... Published 09 Aug, 2024 11:06am
Asia Japan’s PM cancels central Asia trip after earthquake risk warning TOKYO: Japan’s Prime Minister Fumio Kishida cancelled plans to visit central Asia on Friday, and spearhead... Published 09 Aug, 2024 11:04am
Europe Russia’s Lipetsk region hit by ‘massive’ drone attack, governor says Russia evacuated people on Friday from parts of its western region of Lipetsk after a “massive attack” by Ukrainian... Published 09 Aug, 2024 10:56am
Stocks Australian shares track Wall Street higher as US data eases recession fears Australian shares opened higher on Friday, in tandem with Wall Street’s overnight strength, as US jobs data calmed... Published 09 Aug, 2024 10:50am
Commodities Soybeans recover from near four-year low; corn and wheat edge higher JAKARTA: Chicago soybeans recovered on Friday, after hitting their lowest since September 2020 in the previous... Published 09 Aug, 2024 10:47am
Bullion Rate Gold prices set for weekly drop, with focus on Fed cues Gold prices were subdued on Friday and headed for a weekly decline, while investors awaited further cues to gauge... Published 09 Aug, 2024 10:34am
Forex China’s yuan ticks up after faster-than-expected CPI rise, firmer fix SHANGHAI: China’s yuan advanced slightly against the US dollar on Friday, after data showed the country’s consumer... Published 09 Aug, 2024 10:25am
Mutual Funds India bond yields inch up, demand at debt auction key trigger MUMBAI: Indian government bond yields were marginally higher in early trading on Friday, with the debt auction... Published 09 Aug, 2024 10:23am
Forex Indian rupee unlikely to benefit from positive Asian cues MUMBAI: The Indian rupee is expected to open little changed on Friday, holding near an all-time low, despite the... Published 09 Aug, 2024 10:21am
Forex Australia, NZ dollars digest gains as risk returns to the menu SYDNEY: The Australian and New Zealand dollars were looking to end a wild week with solid gains on Friday as US... Published 09 Aug, 2024 10:19am
Stocks Indian shares advance, led by IT on easing US recession worries BENGALURU: Indian shares rose on Friday, led by information technology stocks after US labour market data eased some... Published 09 Aug, 2024 10:16am
Stocks Japan’s Nikkei rebounds as US jobs data calms recession fears TOKYO: Japan’s Nikkei share average rebounded on Friday, as a surprise drop in US unemployment claims assuaged... Published 09 Aug, 2024 10:11am
Stocks Asian shares set to end brutal week on a high, yen under pressure SYDNEY: Asian shares are ending a rough week on a high as Japanese stocks are close to recouping all of the huge... Published 09 Aug, 2024 10:08am
Forex Dollar near one-week high on jobs relief; yen sags TOKYO: The dollar hovered close to a one-week high against major rivals on Friday, after the biggest drop in US... Published 09 Aug, 2024 09:55am
Govt takes big step to deal with IPP challenge Forms task force on implementation of structural reforms in power sector Updated 09 Aug, 2024 09:27am
Govt takes much of the credit for decline in food inflation ISLAMABAD: Federal Minister for Petroleum Dr Musadik Masood Malik on Thursday said that the positive impact of the... Updated 09 Aug, 2024 09:22am
Ease of doing business, investment: PM approves reform programme ISLAMABAD: Prime Minister Shehbaz Sharif Thursday approved the launch of the largest reform programme of ease of... Updated 09 Aug, 2024 09:22am
Poverty and power costs cannot be fully eradicated: PM ISLAMABAD: Prime Minister Shehbaz Sharif Thursday said a complete freedom from poverty and the cost of electricity... Updated 09 Aug, 2024 09:19am
Mobile SIM blocking: KTBA urges FBR to update list on weekly basis KARACHI: The Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to update the SIM... Updated 09 Aug, 2024 09:17am
Alleged support for Iran’s weapons programme: US indicts Pakistani among three WASHINGTON: The United States has indicted two Iranian citizens and one Pakistani citizen for providing material... Updated 09 Aug, 2024 09:16am
Rate cut hopes drive treasury yield decline The Treasury bills yields are falling in anticipation of rate cuts. In the auction earlier this week, the cut-off... Published 09 Aug, 2024 09:02am
MCB: Record profits – again MCB Bank Limited (MCB) continued its rich dividend payout legacy announcing another interim dividend of Rs9/share,... Published 09 Aug, 2024 08:58am
Discos’ FCA for June: Nepra notifies Rs2.56/unit positive adjustment ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has notified positive adjustment of Rs 2.56 per... Updated 09 Aug, 2024 08:56am
Mitchells Fruit Farms Limited Mitchells Fruit Farms Limited (PSX: MFFL) has a history that dates back to 1933. After Independence, the company’s... Published 09 Aug, 2024 08:54am
May 9 violence: IK says won’t apologise as he hasn’t committed any crime ISLAMABAD: The incarcerated Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan, on Thursday, said that he... Updated 09 Aug, 2024 08:53am
Chenab, Ravi likely to trigger urban flooding ISLAMABAD: The National Disaster Management Authority (NDMA) has issued a new flash and urban flooding warning as... Updated 09 Aug, 2024 08:52am
Pakistan, Turkiye agree to boost business activities, investment ISLAMABAD: Turkiye and Pakistan have agreed to boost up business activities and investment in various fields by... Updated 09 Aug, 2024 08:50am
Those seeking to create chaos given warning ISLAMABAD: Chief of Army Staff General Syed Asim Munir on Thursday vowed to prevent anarchy in Pakistan, stating,... Updated 09 Aug, 2024 08:50am
BR’s refresher: your morning briefing for the day Important updates from August 8, 2024 Published 09 Aug, 2024 08:46am
CPJ flays raid on journalist’s home NEW YORK: Pakistani police have raided the home of digital journalist Usman Khan three times, forcing him into ... Published 09 Aug, 2024 08:22am
Qureshi says he is not involved in May 9 riots LAHORE: Former foreign minister Shah Mahmood Qureshi on Thursday said he can take oath on the Holy Quran that he was... Updated 09 Aug, 2024 08:20am
Strong weather system likely to produce rain, winds, thundershowers KARACHI: A new monsoon rainy system is set to grip the country from today into next week, as the Met Office on... Updated 09 Aug, 2024 08:20am
Industry SAARC Chamber board meetings successfully concluded in Colombo ISLAMABAD: Anjum Nisar, a prominent industrialist and Vice President of SAARC Chamber of Commerce and Industry from... Published 09 Aug, 2024 08:19am
Fahd Haroon appointed Minister of State/SAPM ISLAMABAD: Fahd Haroon has been appointed as minister of state/ special assistant to the prime minister (SAPM) by... Updated 09 Aug, 2024 08:16am
Upgradation of all hospitals to be carried out within a year: minister LAHORE: Punjab Finance Minister Mujtaba Shuja-ur-Rehman has said that the upgradation of hospitals across Punjab was... Updated 09 Aug, 2024 08:15am
Commodities ‘There exists no ban on wheat transportation from Punjab’ LAHORE: Punjab Food Minister Bilal Yasin has said that there is no restriction on the transportation of wheat and... Published 09 Aug, 2024 08:13am
Benefits of CPEC project for Balochistan highlighted QUETTA: A seminar was held at a local resort in Quetta, organized by the Centre for Development and Stability (CDS),... Updated 09 Aug, 2024 08:12am
Sanitation system: Challenges could be tackled through outsourcing: Minister LAHORE: Punjab Local Government Minister Zeeshan Rafiq has said that sanitation challenges could be tackled through... Updated 09 Aug, 2024 08:11am
Cake-cutting ceremony: DC Lahore issued notice on PTI’s plea over permission refusal LAHORE: The Lahore High Court on Thursday issued a notice to the Deputy Commissioner (DC) Lahore for August 12 on a... Published 09 Aug, 2024 08:10am
IHC bench refers matter to CJ ISLAMABAD: The bench of the Islamabad High Court (IHC), which was hearing a petition related to arrest of founder... Updated 09 Aug, 2024 08:08am
The Weather KARACHI: The weather report on Thursday (August 08, 2024) and the forecast for Friday (August 09, 2024)... Published 09 Aug, 2024 07:59am
Bilawal visits Dhoki’s house ISLAMABAD: Pakistan Peoples Party Chairman Bilawal Bhutto-Zardari, Thursday, visited the residence of his Chief ... Published 09 Aug, 2024 07:58am
Islamabad hosts two high-level meetings ISLAMABAD: In a significant move towards fostering international investment and urban development, Islamabad hosted... Published 09 Aug, 2024 07:58am
JI decides to step up its protest drive ISLAMABAD: Jamaat-e-Islami (JI), Thursday, decided to march towards Murree Road in its bid to protest against... Published 09 Aug, 2024 07:58am
LG elections in Islamabad on Sept 29 ISLAMABAD: After failing to hold the local government (LG) elections in the federal capital for over three years, ... Updated 09 Aug, 2024 07:57am
President gives his assent to Elections (Second Amendment) Bill ISLAMABAD: President Asif Ali Zardari on Thursday gave assent to “The Elections (Second Amendment) Bill,... Published 09 Aug, 2024 07:54am
China auto market hits milestone as EVs, hybrids make up half of July sales BEIJING: Half of all vehicles sold in China in July were either new pure electric vehicles (EV) or plug-in hybrids,... Updated 09 Aug, 2024 07:52am
Money & Banking Asian currencies: Ringgit and Indonesia’s rupiah led gains BENGALURU: Asian equity markets were subdued on Thursday as a rebound rally fizzled out, with stocks in Taiwan and... Published 09 Aug, 2024 07:52am
Federal Secretary Information meets APNS office-bearers KARACHI: Ambreen Jan, Federal Secretary Information visited APNS House and held a meeting with the Karachi based... Published 09 Aug, 2024 07:51am
NA-171 RYK: bye-election to take place on Sept 12 ISLAMABAD: The Election Commission of Pakistan (ECP) has announced bye-election, this September 12, on National... Updated 09 Aug, 2024 07:51am
Sharjeel directs authorities to expedite Yellow Line BRT project KARACHI: Sindh Senior Minister Sharjeel Inam Memon has issued strict instructions to expedite the construction of ... Updated 09 Aug, 2024 07:48am
18000 vacancies related to minorities vacant: minister LAHORE: Provincial Minister for Minority Affairs Ramesh Singh Arora has pointed out that around 18,000 vacancies... Updated 09 Aug, 2024 07:47am
Dar reaffirms desire to enhance partnership with ASEAN ISLAMABAD: Pakistan on Thursday reaffirmed its desire to enhancing its partnership with The Association of Southeast... Updated 09 Aug, 2024 07:46am
PTI to resist any extension in tenure of CJP: Asad ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) senior leader Asad Qaiser said on Thursday that the party would resists ... Updated 09 Aug, 2024 07:45am
JI postpones sit-in RAWALPINDI: Following an agreement with the federal government the Jamaat-e-Islami (JI) Pakistan has postponed its... Updated 09 Aug, 2024 07:44am
LHC expresses dissatisfaction over DC’s report LAHORE: The Lahore High Court expressed its dissatisfaction on a report of the Deputy Commissioner Lahore rejecting... Published 09 Aug, 2024 07:43am
Indictment of Asif Merchant: Miller advises media to consult Dept of Justice for details WASHINGTON: US State Department spokesperson Matthew Miller has advised media to consult the Department of Justice... Updated 09 Aug, 2024 07:42am
PNS Yarmook makes a port call in Bahrain ISLAMABAD: Pakistan Navy's warship, PNS Yarmook, made a port call in Bahrain as part of its Regional Maritime... Published 09 Aug, 2024 07:40am
Parliamentary Lodges expansion project: Speaker takes series of decisive initiatives ISLAMABAD: National Assembly Speaker Sardar Ayaz Sadiq has taken a series of decisive initiatives to ensure the ... Updated 09 Aug, 2024 07:39am
Surface Water Treatment Plant Phase II: WASA Faisalabad, CMEC sign accord for construction project FAISALABAD: Contract agreement was signed between Water and Sanitation Agency (WASA) Faisalabad and China Machinery... Updated 09 Aug, 2024 07:37am
WPC urges mechanism to combat cybercrime against women ISLAMABAD: The Women Parliamentary Caucus (WPC) held a crucial meeting on Thursday, where members proposed the... Published 09 Aug, 2024 07:36am
Muslim countries: Zardari for greater unity, cooperation ISLAMABAD: President Asif Ali Zardari has underlined the need for greater unity and cooperation among Muslim... Published 09 Aug, 2024 07:33am
Complaint redressal system: BISP asks ADB team to advance pilot launch to next month ISLAMABAD: Secretary Benazir Income Support Programme (BISP) Amer Ali Ahmad has urged the ADB’s technical team to... Published 09 Aug, 2024 07:30am
The challenge of IPPs—V Solutions Revised accounting for government-owned IPP Updated 09 Aug, 2024 07:23am
Begrudging private sector At the outset, the recent Independent Power Plants (IPPs) controversy has magnified the bitterness and grudges that... Published 09 Aug, 2024 06:56am
Israel revokes status of Norway envoys OCCUPIED JERUSALEM: Israel said Thursday it was revoking the diplomatic status of Norway’s envoys to the... Published 09 Aug, 2024 06:56am
South Asia Attend mosque or be punished, Taliban chief tells public workers KABUL: Afghan government employees must attend mosque five times a day or face punishment, Taliban supreme leader... Published 09 Aug, 2024 06:56am
British Airways to suspend London-Beijing direct flights LONDON: British Airways announced on Thursday it will be “pausing” direct flights between London and the Chinese... Published 09 Aug, 2024 06:56am
Middle East Israel strikes on two schools kill over 18 **GAZA STRIP: Gaza’s civil defence agency said Israeli strikes hit two schools in Gaza City Thursday, killing more... Published 09 Aug, 2024 06:56am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (August 08, 2024). ==================================== BR... Published 09 Aug, 2024 06:56am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 08, 2024).... Published 09 Aug, 2024 06:56am
Rates LME official prices LONDON: The following were Wednesday official prices. ========================================= ALUMINIUM... Published 09 Aug, 2024 06:56am
Rates Activities of Karachi Port Trust, Port Qasim KARACHI: The Karachi Port Trust handled 121,109 tonnes of cargo comprising 72,550 tonnes of import cargo and 48,559... Published 09 Aug, 2024 06:56am
Stocks Nikkei under pressure again after BOJ meeting minutes TOKYO: Japanese shares were under fresh pressure on Thursday as domestic chip stocks followed a slide on Wall Street... Published 09 Aug, 2024 06:56am
Stocks China stocks edge up on likely safe-haven flows SHANGHAI: China stocks rose slightly on Thursday, bucking weakness in broader Asian markets, as some investors ... Published 09 Aug, 2024 06:56am
Stocks STOXX 600 recovers early losses on US jobs data relief FRANKFURT: Europe’s benchmark stock index recouped early losses to close slightly higher on Thursday, helped by... Published 09 Aug, 2024 06:56am
Stocks Wall Street jumps as jobs data eases slowdown fears NEW YORK: Wall Street’s main indexes rose nearly 2% on Thursday, bolstered by a better-than-expected jobs report... Published 09 Aug, 2024 06:56am
Stocks Gulf bourses end mixed on regional tensions, US data DUBAI: Stock markets in the Gulf ended mixed on Thursday, with most posting weekly losses amid geopolitical tensions... Published 09 Aug, 2024 06:56am
Letters ‘Lesson learned from Bangladesh…’ The following is apropos my two back-to-back letters to the Editor carried by the newspaper on Wednesday and... Published 09 Aug, 2024 06:56am
Europe UK’s Starmer vows no let up in stopping further far-right riots SOLIHULL (United Kingdom): UK Prime Minister Keir Starmer vowed on Thursday not to ease up efforts to stop further... Published 09 Aug, 2024 06:56am
North Korea Olympians not given Samsung phones: IOC SEOUL: North Korean Olympians have not received Samsung smartphones, unlike athletes from other countries, the IOC... Published 09 Aug, 2024 06:56am
Democrats Harris, Walz campaign together for first time as White House ticket PHILADELPHIA: Democratic presidential nominee Kamala Harris and her newly selected vice presidential running mate,... Published 09 Aug, 2024 06:56am
Middle East Iran says Israel seeks to ‘expand war’ amid de-escalation push JEDDAH: Iran accused Israel on Thursday of wanting to spread war in the Middle East, as diplomatic efforts sought a... Published 09 Aug, 2024 06:56am
Asia Strong quake, small tsunamis hit southern Japan with minor damage TOKYO: A powerful earthquake with a magnitude of 7.1 shook southern Japan on Thursday but no major damage was... Published 09 Aug, 2024 06:56am
Europe Spain arrests 77, busts global migrant smuggling ring MADRID: Spanish police said on Thursday they had dismantled a global people-smuggling network that brought Indian,... Published 09 Aug, 2024 06:56am
PARTLY FACETIOUS: The US is going the Pakistan route? “The US airwaves are focused on the reasons why Kamala Harris chose Tim Walz as her running mate.” “Right and... Published 09 Aug, 2024 06:56am
Kaspersky study: ‘47pc users including Pakistanis believe covering webcam will maintain privacy’ ISLAMABAD: A global cyber security company found that 47 percent users including Pakistanis believed that covering... Published 09 Aug, 2024 06:56am
Lessons from illusionary revolutions Amid escalating student-led protests and mounting unrest, Bangladesh’s long-serving Prime Minister, Sheikh Hasina... Published 09 Aug, 2024 06:56am
Need for revisiting 2 percent inflation target ‘The stock market crash is – perhaps – the long-awaited signal of a US economic slump.…The market meltdown... Published 09 Aug, 2024 06:56am
Energy Domestic, industrial sectors: SSGC inaugurates two new pipeline projects KARACHI: Being a customer-centric organization, SSGC strives to serve its consumers in meeting their gas related... Published 09 Aug, 2024 06:56am
Energy TCB-1, SSRL get environment excellence awards KARACHI: Thar Coal Block-1 Power Generation Company Private Limited (TCB-1) and Sino Sindh Resources Private Limited... Published 09 Aug, 2024 06:56am
Energy KP govt, PESCO sign power acquisition contract PESHAWAR: The KP government has entered into an agreement on Thursday to sell the electricity generated from two... Published 09 Aug, 2024 06:56am
Rates Rates of all Kibor tenors decline KARACHI: KIBOR rates across all tenors declined with decreases ranging from 2bps to 40bps on DoD basis on Thursday.... Published 09 Aug, 2024 06:56am
First Russia-China barter trade may come this autumn MOSCOW: Russia and China may begin using barter trading schemes, three trade and payments sources told Reuters, with... Published 09 Aug, 2024 06:56am
Rates PSX turns bullish KARACHI: Pakistan Stock Exchange on Thursday witnessed a bullish trend and closed on strong positive note with... Published 09 Aug, 2024 06:56am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Thursday (August 08, 2024). ======================================= Offset... Published 09 Aug, 2024 06:56am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (August 08, 2024)... Published 09 Aug, 2024 06:56am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (August 08, 2024).... Published 09 Aug, 2024 06:56am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Thursday (August 08, 2024). ======================== Open Bid... Published 09 Aug, 2024 06:56am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 09 Aug, 2024 06:56am
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 09 Aug, 2024 06:56am
Commodities PMEX daily trading report KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR31.157 ... Published 09 Aug, 2024 06:56am
Commodities Coffee trading activities slow in Vietnam HANOI/BANDAR LAMPUNG, (Indonesia): Coffee trading activities in Vietnam remained tepid at the end of the crop ... Published 09 Aug, 2024 06:56am
Cotton & Textile Spot rate loses Rs400 per maund amid modest business LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Thursday decreased the spot rate by Rs ... Published 09 Aug, 2024 06:56am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday, (August 08, 2024)... Published 09 Aug, 2024 06:56am
Commodities Japanese rubber futures up SINGAPORE: Japanese rubber futures edged up on Thursday to hit their highest levels in more than two weeks, buoyed ... Published 09 Aug, 2024 06:56am
Commodities Malaysian palm oil higher KUALA LUMPUR: Malaysian palm oil futures edged higher on Thursday after a three-day losing streak, buoyed by ... Published 09 Aug, 2024 06:56am
Grains Asia rice: Lacklustre demand, weak rupee drag down India rates MUMBAI/ BANGKOK/HANOI/BANGLADESH AND BENGALURU: India’s rice export prices fell this week due to sluggish demand... Published 09 Aug, 2024 06:56am
Commodities Gold rises on safe-haven demand BENGALURU: Gold prices rose more than 1% on Thursday, supported by firm safe-haven demand and growing expectations... Published 09 Aug, 2024 06:56am
Commodities Copper steadies on raw material shortage LONDON: Copper prices steadied on Thursday on expectations of improved copper consumption in China and a larger than... Published 09 Aug, 2024 06:56am
Energy Oil gains on ME tensions HOUSTON: Oil prices ticked higher on Thursday as US job data eased demand concerns and escalating tensions in the... Published 09 Aug, 2024 06:56am
Commodities Iron ore futures slip BENGALURU: Iron ore futures prices extended losses into a third straight session on Thursday, with the Singapore... Published 09 Aug, 2024 06:56am
Commodities Gold prices firm KARACHI: The local gold market stood firm on Thursday, reflecting the unmoved global bullion value, traders said.... Published 09 Aug, 2024 06:56am
Energy ‘Energy crisis is hindering economic development’ LAHORE: Pakistan’s energy crisis has long been hindering industrial growth and economic development. Maryyam Qasim... Published 09 Aug, 2024 06:56am
Global cuisine show to begin today KARACHI: The second Global Cuisine Show 2024 is all set to start Friday (Aug 9) with international chefs to ... Published 09 Aug, 2024 06:56am
Destruction of state-run companies: PBIF chief says govt should focus on proper policies KARACHI: Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President Pakistan Businessmen... Published 09 Aug, 2024 06:56am
Critical role of shared network infrastructure, green energy initiatives highlighted ISLAMABAD: Khurrum Ashfaque, CEO of Telenor Pakistan, underscored the critical role of shared network infrastructure... Published 09 Aug, 2024 06:56am
Taxes Battargram-Silk/Karakoram road: FBR establishes check post of IR officers ISLAMABAD: The Federal Board of Revenue (FBR) has established a check post of Inland Revenue officers at district... Published 09 Aug, 2024 06:56am
Companies Pak Suzuki Motor Co shuts down plant in Karachi KARACHI: Pak Suzuki Motor Company has been forced to shut down its manufacturing plant in Karachi due to a prolonged... Published 09 Aug, 2024 06:56am
Money & Banking Yen drops against dollar NEW YORK: The yen fell against the dollar on Thursday after new US labor market data showed that unemployment... Published 09 Aug, 2024 06:56am
Industry ‘Sustainable, inclusive Pakistan’: OICCI and UNDP forge alliance KARACHI: In a groundbreaking move, the Overseas Investors Chamber of Commerce & Industry (OICCI) has partnered... Published 09 Aug, 2024 06:56am
Taxes FBR chairman holds introductory meetings with members ISLAMABAD: The new Chairman Federal Board of Revenue (FBR) Rashid Mahmood, Thursday, evening held introductory... Published 09 Aug, 2024 06:56am
Money & Banking Mobilink Bank introduces affordable E-bike loans ISLAMABAD: Dedicated to promoting positive environmental change, Mobilink Bank has recently announced the launch of... Published 09 Aug, 2024 06:56am
Companies EFU Life wins ‘Best Domestic Life Insurer of the Year Award’ KARACHI: EFU Life Assurance Limited, leading private sector Life, Takaful and Health insurance provider announced... Published 09 Aug, 2024 06:56am
Taxes Non-compliance with EIMS: PRA initiates crackdown LAHORE: Punjab Revenue Authority (PRA) has launched a crackdown on establishments failing to install the mandated... Published 09 Aug, 2024 06:56am
Industry Foreign exchange buying, selling for individuals: LCCI successfully hosts awareness session LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) successfully hosted an Awareness Session on Foreign... Published 09 Aug, 2024 06:56am
Pakistan highlights lack of effective transport to reach BRT systems: ADB ISLAMABAD: Pakistan’s BRT systems showed high levels of satisfaction, but highlighted the lack of effective... Published 09 Aug, 2024 06:56am
Record earnings in FY24: Rice exporters now eying $6bn exports KARACHI: After achieving an all-time high export of $4 billion, rice exporters are now setting their sights on a $6... Published 09 Aug, 2024 06:56am
SBP Governor: cautious optimism EDITORIAL: The Governor of State Bank of Pakistan, Jamil Ahmed, clarified to the National Assembly’s Standing... Published 09 Aug, 2024 06:56am
Ruling against Google: Taking on big tech EDITORIAL: Over the last two decades, it would have been difficult for anyone venturing online to avoid the... Published 09 Aug, 2024 06:56am
‘Govt committed to transform Pakistan into a cashless economy’ ISLAMABAD: Minister of State for IT and Telecommunication Shaza Fatima Khawaja said that the present government is... Published 09 Aug, 2024 06:56am
‘P3A approves financial structure of projects worth Rs646bn in 18 months’ ISLAMABAD: Senate Standing Committee on Planning, Development and Special Initiatives was informed that... Published 09 Aug, 2024 06:56am
Industry HESCO chief sent letter: HCSTSI President seeks information on various taxes HYDERABAD: The President, Hyderabad Chamber of Small Traders & Small Industry (HCSTSI), Muhammad Farooq... Published 09 Aug, 2024 06:56am
Minister, Turkiye delegation discuss bilateral trade development ISLAMABAD: Muhammad Aurangzeb, Federal Minister for Finance and Revenue was called on by the Trade Minister of... Published 09 Aug, 2024 06:56am
Capacity-based model transition to take-and-pay model: 24 conditions proposed to strike new deals between govt, IPPs