News Archives for Latest - 2024-09-05

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Archive - 2024-09-05

Money & Banking

Competition for new currency notes: SBP unveils winners, selected designs

The State Bank of Pakistan (SBP) on Thursday announced the winners of its competition for the designs of the new...

Updated 06 Sep, 2024 12:08am

Google to produce 0.5 million Chromebooks in Pakistan by 2026

Global tech giant Google on Thursday launched an initiative to produce half a million Chromebooks in Pakistan,...

Updated 05 Sep, 2024 11:45pm

US indicts Russian intelligence officials over cyberattacks targeting Ukraine

WASHINGTON: The U.S. on Thursday charged five Russian intelligence officials and a Russian civilian with conspiring...

Published 05 Sep, 2024 11:13pm

Companies

Siddiqsons Tin Plate starts process to shut plant amid sales decline, labour strikes

Siddiqsons Tin Plate Limited (STPL) said on Thursday that it has initiated the formal process to shut down its plant...

Updated 05 Sep, 2024 10:33pm

Commodities

Ongoing global oil price decline to benefit Pakistan: brokerage house

The ongoing decline in global oil price “benefits Pakistan” and will help its trade balance and inflation figures,...

Updated 05 Sep, 2024 10:32pm

Middle East

Oil power UAE completes Arab world’s first nuclear plant

DUBAI: The oil-rich United Arab Emirates on Thursday announced the completion of the Arab world’s first nuclear...

Updated 05 Sep, 2024 10:31pm

Forex

SBP-held foreign exchange reserves increase $33mn, now stand at $9.44bn

Total liquid foreign reserves held by the country stand at $14.74 billion

Updated 05 Sep, 2024 10:30pm

Exchange

Rupee gains marginally against US dollar

Currency settles at 278.68 against the greenback in inter-bank market

Updated 05 Sep, 2024 10:29pm

Stocks

KSE-100 closes flat after range-bound trading

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed flat on Thursday after witnessing range-bound...

Updated 05 Sep, 2024 10:21pm

Interest Rates

Analysts expect SBP to continue easing in next week’s monetary policy announcement

Most experts Business Recorder reached out to see decline between 100 to 200 bps

Updated 05 Sep, 2024 08:29pm

SHC annuls KU decision to cancel Justice Jahangiri’s law degree

The Sindh High Court (SHC) on Thursday annulled Karachi University’s (KU) decision to cancel the law degree of...

Published 05 Sep, 2024 08:00pm

Russia created secret trade channel with India: FT report

Russia created a covert trade channel with India to secure critical electronics important for its war efforts in...

Published 05 Sep, 2024 07:59pm

‘Goodbye, parliament’: Mengal refuses to withdraw resignation

Says political parties should apologise to the people of Baluchistan for their mistakes

Published 05 Sep, 2024 07:28pm

Stocks

Most Gulf markets edge higher ahead of US data

Most stock markets in the Gulf ended higher on Thursday a day after a global sell-off as investors remained cautious...

Published 05 Sep, 2024 07:36pm

Money & Banking

US bank profits jump 11% in second quarter of 2024 as expenses shrink

WASHINGTON: The U.S. banking industry recorded profits of $71.5 billion in the second quarter of 2024, up 11.4% on...

Published 05 Sep, 2024 07:24pm

USA

US private payrolls post smallest increase in 3-1/2 years in August

WASHINGTON: U.S. private employers hired the fewest number of workers in 3-1/2-years in August and data for the...

Published 05 Sep, 2024 07:29pm

MENA

Health ministry in Gaza says war death toll at 40,878

GAZA STRIP: The health ministry in Hamas-run Gaza said Thursday that at least 40,878 people have been killed in the...

Published 05 Sep, 2024 07:02pm

Stocks

US stocks mixed after weak private sector hiring data

NEW YORK: Wall Street stocks were mixed early Thursday following disappointing private sector US hiring data ahead...

Published 05 Sep, 2024 07:00pm

Army neither against nor in support of any political party: DG ISPR

Inter-Services Public Relations Director General (DG ISPR) Lieutenant General Ahmed Sharif Chaudhry said on Thursday...

Updated 05 Sep, 2024 06:29pm

Travel

Rome considering limiting tourist access to Trevi Fountain

ROME: Rome is considering limiting access to the Trevi Fountain, one of its busiest monuments, ahead of an expected...

Published 05 Sep, 2024 06:03pm

Europe

Toll in Russian strike on Ukraine’s Poltava rises to 55

KYIV: The death toll from a Russian missile strike on Ukraine’s city of Poltava rose to 55 with over 300 wounded,...

Published 05 Sep, 2024 05:53pm

South Asia

Bangladesh ex-PM should ‘keep quiet’ until trial: Yunus

DHAKA: Bangladesh’s ousted premier Sheikh Hasina should “keep quiet” while exiled in India until she is brought home...

Published 05 Sep, 2024 05:49pm

Stocks

Stocks diverge as US data keeps traders wary

LONDON: Stock markets struggled for direction and the dollar fell Thursday on the eve of key US jobs data that could...

Updated 05 Sep, 2024 05:45pm

PCB announces officials for Champions One Day Cup

The Pakistan Cricket Board (PCB) on Thursday announced the officials for the Champions One-Day Cup starting on...

Updated 05 Sep, 2024 05:32pm

Europe

Vladimir Putin says Ukraine’s Kursk incursion has failed to slow Donbas advance

VLADIVOSTOK: Russian President Vladimir Putin said on Thursday that Ukraine’s Kursk incursion was aimed at slowing...

Updated 05 Sep, 2024 05:27pm

Europe

Putin says Ukraine ending gas deal hurts Europe more than Russia

MOSCOW: Ukraine’s decision to end an agreement allowing Russia to pump gas via its territory will hurt Europe more...

Published 05 Sep, 2024 05:26pm

McCullum ready to be ‘judged on results’ as England’s white-ball coach

LONDON: Test coach Brendon McCullum says he is ready to be judged on results when he takes charge of England’s...

Published 05 Sep, 2024 05:23pm

Commodities

Asia rice: India rates slide to 3-month low on weak export demand, Thai rates rise

India’s rice export prices hit a three-month low this week due to weak exports demand, while Thai prices rose for a...

Published 05 Sep, 2024 05:23pm

Energy

Oil rises on US crude stocks fall and possible delay to OPEC+ hike

LONDON: Oil firmed on Thursday, edging up from multi-month lows on a possible delay to output increases by OPEC+...

Updated 05 Sep, 2024 05:08pm

Stocks

Gold price per tola jumps Rs2,000, hits Rs262,100 in Pakistan

After back-to-back falls, gold prices in Pakistan rose on Thursday in line with an increase in the international...

Updated 05 Sep, 2024 05:06pm

Money & Banking

Zindigi’s US dollar-based freelancer account looks to set new standard for Pakistan

Zindigi, powered by JS Bank, has contributed majorly towards the ecosystem of freelancers in Pakistan by introducing...

Published 05 Sep, 2024 05:03pm

Stocks

Sri Lanka shares end lower as utilities, communication services drag

CSE All-Share index settled 0.33% lower at 10,801.18

Published 05 Sep, 2024 04:59pm

Commodities

Copper firms on China’s new power initiatives in Africa

Copper prices firmed up on Thursday after China announced major investments in building power networks in Africa,...

Published 05 Sep, 2024 04:57pm

Commodities

Palm ends higher on muted production expectations

JAKARTA: Malaysian palm oil futures reversed losses on Thursday amid lower trading volumes and worries over poor...

Published 05 Sep, 2024 04:54pm

MENA

Burj Azizi: Dubai set to see ‘world’s second-tallest tower’

Luxury building is slated for completion in 2028

Published 05 Sep, 2024 04:39pm

Ugandan athlete Cheptegei dies after fire attack by boyfriend

NAIROBI: Ugandan Olympian Rebecca Cheptegei died in Kenya on Thursday, four days after being set on fire by her...

Published 05 Sep, 2024 04:13pm

England captain Jos Buttler to miss Australia T20 series with injury

England white-ball captain Jos Buttler will miss this month’s three-match Twenty20 series against Australia due to a...

Published 05 Sep, 2024 03:30pm

Stocks

Gulf shares up in early trade; US job data in focus

Most stock markets in the Gulf were up in early trading on Thursday amid higher oil prices, while investors also...

Published 05 Sep, 2024 03:15pm

Stocks

China stocks edge up on policy easing hopes

HONG KONG: China stocks edged up while Hong Kong markets recouped most losses by Thursday’s close, as the Chinese...

Published 05 Sep, 2024 03:12pm

Europe

German police kill suspect in exchange of fire near Israeli consulate in Munich

MUNICH: German police shot dead a man in an exchange of fire near the Israeli consulate and a Nazi history museum in...

Published 05 Sep, 2024 03:09pm

Fixed tax: Traders ready to pay Rs5,000 per month

Sources say traders' demand seems to be unrealistic and impractical to reduce the amount from Rs60,000 per month to Rs5,000 per month, but the FBR will find some way to resolve the issue

Updated 05 Sep, 2024 02:11pm

Europe

Vladimir Putin says Russia ready for talks with Ukraine

MOSCOW: Russian President Vladimir Putin said Thursday he was ready for talks with Ukraine, after having previously...

Published 05 Sep, 2024 02:05pm

Movies & Music

Toronto film festival showcases an industry transformed by streaming

TORONTO: The film industry, including actors, must embrace and adapt to changes that have resulted from the blurring...

Published 05 Sep, 2024 02:02pm

Australia’s Head puts Scots to sword in powerplay record

Australia opener Travis Head set a powerplay record with the bat as he blasted a 25-ball 80 in a Twenty20...

Published 05 Sep, 2024 01:23pm

Yulia Putintseva apologises after backlash for interaction with ball girl at US Open

Yulia Putintseva has apologised after receiving criticism on social media for an interaction with a ball girl at the...

Published 05 Sep, 2024 01:18pm

Asia

China’s Xi boosts Africa financing by $51 billion, promises a million jobs

BEIJING: President Xi Jinping pledged on Thursday to step up China’s support across the debt-distressed African...

Published 05 Sep, 2024 01:10pm

Volvo Cars scales back margin and revenue ambitions

Swedish automaker Volvo Cars slashed its margin and revenue ambitions for a second time in a year on Thursday, a day...

Published 05 Sep, 2024 01:08pm

Asia

UN’s Guterres says ‘injustices’ against Africa must be corrected

BEIJING: United Nations Secretary-General Antonio Guterres told African leaders Thursday that “injustices” against...

Published 05 Sep, 2024 12:59pm

Middle East

Hamas says Netanyahu trying to ‘thwart’ Gaza truce

GAZA STRIP: Hamas on Thursday accused Benjamin Netanyahu of trying to “thwart” a Gaza truce deal, after the Israeli...

Published 05 Sep, 2024 12:57pm

USA

Kamala Harris gears up for debate as Trump talks economy

PITTSBURGH: Vice President Kamala Harris travels to the crucial battleground state of Pennsylvania on Thursday,...

Published 05 Sep, 2024 12:45pm

South Asia

Indians demand justice in candlelight march for murdered doctor

KOLKATA: Vast crowds of Indians bearing candles marched through the streets of Kolkata early Thursday, demanding...

Published 05 Sep, 2024 12:42pm

Asia

South Korea records highest average summer temperature on record

SEOUL: South Korea recorded its highest average summertime temperature since such records began half a century ago,...

Published 05 Sep, 2024 12:38pm

Europe

Like Brazil, the European Union also has an X problem

BRUSSELS: Elon Musk’s woes are hardly limited to Brazil as he now risks possible EU sanctions in the coming months...

Published 05 Sep, 2024 12:34pm

Asia

Japan to resume trial removal of Fukushima debris

TOKYO: The operator of Japan’s stricken Fukushima nuclear power plant said Thursday it aims to carry out a trial...

Published 05 Sep, 2024 12:32pm

Injury that ‘sucks’ helps propel Pegula into US Open semi-final

NEW YORK: Jessica Pegula credited her victory over world number one Iga Swiatek at the US Open on Wednesday which...

Published 05 Sep, 2024 12:18pm

Jannik Sinner defeats Medvedev to reach first US Open semi-final

NEW YORK: World number one Jannik Sinner reached his first US Open semi-final on Wednesday with a four-set victory...

Published 05 Sep, 2024 12:11pm

Commodities

Palm oil opens low tracking Dalian, strong ringgit

JAKARTA: Malaysian palm oil futures extended losses to a fourth straight session on Thursday, tracking rival oils...

Published 05 Sep, 2024 11:49am

BYD’s global expansion push runs into stiff Japan test

YOKOHAMA: BYD is rolling out electric-vehicle charging stations and ramping up marketing and customer incentives in...

Published 05 Sep, 2024 11:16am

Europe

Russia says it will target US media in response to move against RT

Moscow will target US media in response to the United States actions against Russian state broadcaster RT, Russian...

Published 05 Sep, 2024 11:15am

USA

Canadian PM Trudeau weakened after main ally unexpectedly pulls support

OTTAWA: Canadian Prime Minister Justin Trudeau suffered an unexpected blow on Wednesday when the small party helping...

Published 05 Sep, 2024 11:12am

Commodities

Wheat, corn and soy take breather after short-covering rally

CANBERRA: Chicago wheat, corn and soybean futures eased on Thursday, but still hovered near multi-week highs after a...

Published 05 Sep, 2024 10:37am

Bullion Rate

Gold struggles for momentum as investors focus on US jobs data

Gold prices were little changed on Thursday as investors stayed away from making big bets ahead of US payrolls data...

Published 05 Sep, 2024 10:34am

Mutual Funds

Indian bond yields may track US peers lower

MUMBAI: Indian government bond yields are expected to open marginally lower on Thursday, as US Treasury yields...

Published 05 Sep, 2024 10:30am

Forex

Indian rupee to draw support from bets of large Fed rate cut, determined central bank

MUMBAI: The Indian rupee is expected to on Thursday take support from rising expectations the Federal Reserve will...

Published 05 Sep, 2024 10:28am

Stocks

Banks, miners lift Australia shares; energy stocks tank

Australian shares recovered on Thursday led by banks and miners, after a sharp decline in the previous session as...

Published 05 Sep, 2024 10:25am

Stocks

Japan’s Nikkei edges lower on stronger yen, chip losses

TOKYO: Japan’s Nikkei share average fell on Thursday, weighed down by a stronger yen and losses in...

Published 05 Sep, 2024 10:24am

Stocks

Asian shares try to stabilise after global sell-off; focus on US data

SINGAPORE: Asian share markets tried to regain their footing on Thursday after a steep sell-off, while a rally in...

Published 05 Sep, 2024 10:20am

Forex

Australian dollar supported as RBA sticks to hawkish stance

SYDNEY: The Australian dollar held steady on Thursday after the country’s central bank stuck to its hawkish guidance...

Published 05 Sep, 2024 10:18am

US warned Nippon its US Steel bid poses a national security risk, sources say

WASHINGTON: The Biden administration told Nippon Steel in a letter on Saturday its $14.9 billion acquisition of US...

Published 05 Sep, 2024 10:09am

Govt rightsizing: 33 SOEs to be closed in first phase

Cabinet directs to finalize the implementation plan for the rightsizing of the federal government (Phase-1) within two weeks’ time

Updated 05 Sep, 2024 10:03am

USA

Georgia high school student, 14, kills 4 and wounds 9 in campus shooting

ATLANTA: A 14-year-old boy killed two fellow students and two teachers and wounded nine others in a shooting at a...

Published 05 Sep, 2024 10:01am

Forex

Dollar wobbles on rising bets of outsized Fed rate cut

SINGAPORE: The dollar dipped on Thursday as traders ramped up bets for a supersized rate cut from the Federal...

Published 05 Sep, 2024 09:55am

Imran Khan warns against ‘destroying only identity SC’

ISLAMABAD: The incarcerated Pakistan Tehreek-e-Insaf (PTI) founding chairman, Imran Khan, on Wednesday, warned that...

Updated 05 Sep, 2024 09:38am

Co-financing: List of 12 potential projects shared with EIB

ISLAMABAD: The Government of Pakistan shared a list of 12 potential projects for co-financing with European...

Updated 05 Sep, 2024 09:25am

No reports of IMF objections to power relief package of Punjab govt: minister

LAHORE: Punjab Information Minister Azma Bokhari said on Wednesday that there are no reports of IMF objections to...

Updated 05 Sep, 2024 09:20am

3 Oct cargoes to be cancelled: Leading OMCs’ Sept cargo deferred

ISLAMABAD: Leading importing Oil Marketing Companies’ September cargo has been deferred and three cargoes in October...

Updated 05 Sep, 2024 09:07am

China seeks RMB pilot project at Gwadar Free Zone

ISLAMABAD: China has asked Pakistan to establish RMB internationalization pilot project in Gwadar Free Zone to...

Updated 05 Sep, 2024 08:55am

PIA sell-off likely by next month

KARACHI: The privatization process of Pakistan International Airlines (PIA) is expected to be completed by the first...

Updated 05 Sep, 2024 08:54am

9,130 big retailers integrated in POS system

ISLAMABAD: The Federal Board of Revenue (FBR) has integrated 9,130 big retailers into Point of Sales (POS) system up...

Updated 05 Sep, 2024 08:53am

Improvement in indicators highlighted

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting with a delegation of...

Updated 05 Sep, 2024 08:52am

ECP holds Islamabad LG poll schedule ‘in abeyance’

ISLAMABAD: What implies, yet again, the postponement of the long-delayed local government polls in the federal...

Updated 05 Sep, 2024 08:51am

BR’s refresher: your morning briefing for the day

Important updates from September 4, 2024

Published 05 Sep, 2024 08:50am

Maryam launches two projects in Lahore

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif on Wednesday launched the Controlled Access Corridor Closed Road...

Published 05 Sep, 2024 08:14am

Meeting reviews polio campaign readiness

LAHORE: Head of the polio programme in Punjab and Emergency Operations Centre Coordinator Khizer Afzaal has warned ...

Published 05 Sep, 2024 08:12am

NTISB says Konfety Group targets Android users with ‘Evil Twin’ malicious Play Store apps

ISLAMABAD: The National Telecommunication & Information Security Board (NTISB) has warned that Konfety Group...

Published 05 Sep, 2024 08:10am

Law, order situation in Karachi has improved: AIG

KARACHI: The law and order situation in Karachi has shown marked improvement, with a significant reduction in the...

Published 05 Sep, 2024 08:08am

Dar meets UK’s foreign secretary

ISLAMABAD: Deputy Prime Minister and Minister for Foreign Affairs Ishaq Dar on Wednesday met the Secretary of State...

Published 05 Sep, 2024 08:08am

Petroleum sales hit by monsoon and smuggling

Petroleum consumption in the country remains sluggish. The nation’s petroleum product sales stood at 1.22 million...

Published 05 Sep, 2024 08:07am

NAB arrests 2 persons for alleged involvement in fraud scam

LAHORE: National Accountability Bureau (NAB), Lahore has successfully arrested two high-profile accused persons...

Published 05 Sep, 2024 08:07am

PTI leaders sent to judicial custody

LAHORE: The Anti-Terrorism Court (ATC) on Wednesday remanded for ten days secretary PTI-Lahore Awais Younas in a ...

Published 05 Sep, 2024 08:06am

Nomination for Hilal-i-Imtiaz: Speaker NA greets Jimmy Engineer

ISLAMABAD: Speaker National Assembly Sardar Ayaz Sadiq has extended his heartfelt congratulations to Jimmy Engineer,...

Published 05 Sep, 2024 08:05am

PM lauds excavator driver Mohibullah for saving lives

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday lauded the spirit of excavator driver Mohibullah from...

Published 05 Sep, 2024 08:04am

Petroleum prices: Big revenue gap looms

The petroleum product prices have continued on a downward trend, with motor gasoline retail price now 8 percent...

Published 05 Sep, 2024 08:03am

Mari Petroleum Company Limited

Mari Petroleum Company Limited (PSX: MARI) is the second largest producer of natural gas. It is integrated oil and...

Published 05 Sep, 2024 07:50am

PFA imposes EPO on juice unit over violations

LAHORE: The Punjab Food Authority (PFA) has imposed an emergency prohibition order (EPO) on a beverages unit...

Published 05 Sep, 2024 07:57am

Minister says govt responsible for safety of every woman at workplace

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal said that it is...

Published 05 Sep, 2024 07:56am

AGP accuses MD PPL of giving undue favour in appointment case

ISLAMABAD: The auditor general of Pakistan (AGP) accused managing director (MD) Pakistan Petroleum Limited (PPL) of...

Published 05 Sep, 2024 07:57am

Further physical remand of Orya denied

LAHORE: A city magistrate on Wednesday denied further physical remand of anchorperson Orya Maqbool to the Federal...

Published 05 Sep, 2024 07:56am

Zia Ul Mustafa appointed to Global Advisory Board of ICMP USA

KARACHI: Zia Ul Mustafa, a seasoned management professional with over 25 years of experience, has been appointed to...

Published 05 Sep, 2024 07:54am

Tom Suozzi appointed head of Pakistan Caucus in US Congress

WASHINGTON: Congressman Tom Suozzi has been appointed as the head of the Pakistan Caucus in the US Congress,...

Published 05 Sep, 2024 07:48am

Digitalisation of internship management system inaugurated at UVAS

LAHORE: The Secretary Livestock & Dairy Development Department (L&DDD) on Wednesday inaugurated the...

Published 05 Sep, 2024 07:46am

Energy

Chevron celebrates opening of 200th oil change facility in Pakistan

KARACHI: Chevron Pakistan Lubricants (Private) Limited (“Chevron Pakistan”) announced the opening of the 200th...

Published 05 Sep, 2024 07:45am

Energy

Elimination of power theft from IESCO region is target: Chairman

ISLAMABAD: Dr. Tahir Masood, chairman Board of Directors IESCO has stated that elimination of power theft is the...

Published 05 Sep, 2024 07:41am

Companies

Emirates lands its inaugural flight in Antananarivo, Madagascar

KARACHI: In a historic move, the world’s largest international airline, Emirates, has landed its inaugural flight...

Published 05 Sep, 2024 07:40am

Faisalabad to be declared waste free soon: DC

FAISALABAD: Solid waste management system is being entrusted to the specialized firms while work to lay new sewer...

Published 05 Sep, 2024 07:36am

Quality municipal services in tehsils: ‘Dream One’ project to be completed in 2028: Minister

LAHORE: Punjab Local Government Minister Zeeshan Rafiq has said that the 225-million-dollars 'Dream One' project ...

Published 05 Sep, 2024 07:35am

Groundwater's critical role in wheat, cotton irrigation highlighted

HYDERABAD: Irrigation and soil experts have said that for the past three decades, the accurate assessment of water...

Published 05 Sep, 2024 07:32am

Industry

HCSTSI President welcomes simplification of visa policy by Indonesia

HYDERABAD: Muhammad Farooq Shaikhani, President, Hyderabad Chamber of Small Traders & Small Industry, while...

Updated 05 Sep, 2024 07:29am

ICAP accredits Pak-Qatar Group as approved training organization

KARACHI: Pak-Qatar Group (PQG) has been accredited by the Institute of Chartered Accountants of Pakistan (ICAP) as ...

Published 05 Sep, 2024 07:27am

Industry

Japanese delegation visits LCCI for increasing trade

LAHORE: The Japanese business delegates see a huge potential in the bilateral trade between Japan and Pakistan which...

Published 05 Sep, 2024 07:26am

Identity of deceased persons vulnerable to identity thefts: Global survey

ISLAMABAD: A global survey of digital world revealed a new threat that the online presence of individuals, who have...

Updated 05 Sep, 2024 07:25am

JI marks World Hijab Day

KARACHI: Jamaat-e-Islami on Wednesday marked the International Hijab Day in the city, asking the government to ...

Published 05 Sep, 2024 07:22am

Former skipper Sarfaraz named mentor for Dolphins

LAHORE: Two-time ICC Event winner Sarfaraz Ahmed was confirmed as mentor for the Dolphins side, which will be based...

Published 05 Sep, 2024 07:20am

Industry

‘Banks’ signboards do not fall under definition of advertisements’

LAHORE: Signboards installed by the banks do not come within the definition of advertisement and billboard, ...

Updated 05 Sep, 2024 07:17am

Companies

Shan Foods launches ‘Growing Flavour’ initiative in Sindh

KARACHI: Shan Foods has launched its “Growing Flavour” initiative within the Kunri Tehsil in Sindh, Pakistan to...

Published 05 Sep, 2024 07:16am

Taxes

Taxing absentee landlords could generate Rs79.61bn: experts

ISLAMABAD: A research study has revealed that the government of Pakistan can generate at least Rs79.61 billion...

Published 05 Sep, 2024 07:12am

Govt raises Rs835bn in T-bill auction

KARACHI: In the T-bill auction on Wednesday, participation of Rs 1,618 billion was seen with government raising Rs...

Published 05 Sep, 2024 07:07am

EAD inks loan agreement with Exim Bank of South Korea

ISLAMABAD: Federal Minister for Communications Abdul Aleem Khan said that Pakistan would obtain $20.635 billion loan...

Published 05 Sep, 2024 07:05am

‘Country now buried under mountain of debt’

KARACHI: The Chairman of the FPCCI Advisory Board and National Business Group Pakistan, the President of Pakistan...

Published 05 Sep, 2024 07:03am

Resilience and resolve of the oppressed will ultimately lead to their liberation

Decades-long tyranny, suffocation, oppression, illegal settlements, land seizures, home demolitions, frequent...

Published 05 Sep, 2024 06:38am

Struggle for steel continues

Steel is the basic building block of development. It was due to the influential import lobbies that Pakistan lagged...