Money & Banking India’s foreign exchange reserves hit fresh high of $689.24bn MUMBAI: India’s foreign exchange reserves extended their winning run for a fourth straight week to hit a record high... Updated 13 Sep, 2024 11:39pm
Forex KSE-100 sees relatively muted reaction to IMF board meeting update, SBP’s rate cut After initial buying burst, benchmark index slowly retreats to settle 0.4% higher despite positive news flow Updated 13 Sep, 2024 11:38pm
COAS reiterates resolve to comprehensively defeat hostile terrorist nexus: ISPR Army chief vows all-out support to KP police and other LEAs Updated 13 Sep, 2024 11:38pm
UNRWA says staffer killed in Israeli West Bank raid JERUSALEM: The UN agency for Palestinian refugees said Friday one of its employees was killed this week during an... Published 13 Sep, 2024 11:29pm
Money & Banking Bank holiday: SBP to remain closed on Tuesday, September 17 The State Bank of Pakistan (SBP) on Friday said it will remain closed on Tuesday, September 17, 2024, in observance... Updated 13 Sep, 2024 11:17pm
Europe Russian UN envoy redoubles warning on new missiles for Kyiv UNITED NATIONS: Russia’s UN ambassador issued a stern warning Friday to Western powers thinking of allowing Kyiv to... Published 13 Sep, 2024 11:17pm
Business & Economy ADB approves $320mn for Khyber Pakhtunkhwa road rehabilitation The Asian Development Bank (ADB) on Friday approved a $320-million loan to support the rehabilitation of roads in... Updated 13 Sep, 2024 10:46pm
Sessions court rejects Karsaz accident driver’s bail plea in drug case A sessions court in Karachi rejected on Friday the post-arrest bail application of Natasha Danish, the driver booked... Updated 13 Sep, 2024 10:45pm
Stocks Rupee strengthens against US dollar Currency settles at 278.16 against the greenback in inter-bank market Updated 13 Sep, 2024 10:44pm
Pakistan’s inclusion in top tiers of Global Cybersecurity Index good news for IT industry: minister State Minister for Information Technology and Telecommunication, Shaza Fatima Khawaja said on Friday that Pakistan’s... Published 13 Sep, 2024 10:27pm
Energy Oil prices rise as US production slowly resumes after hurricane Brent crude futures were up $1.16 cents, or 1.6%, at $73.13 a barrel Updated 13 Sep, 2024 08:28pm
Stocks Wall Street gains as traders raise bets on bigger Fed rate cut Wall Street’s main indexes rose on Friday as investors reevaluated the possibility of a bigger interest rate cut by... Published 13 Sep, 2024 08:26pm
Commodities Gold prices in Pakistan hit record high of Rs265,900 per tola After declining in the previous session, gold prices in Pakistan jumped on Friday in line with their increase in the... Updated 13 Sep, 2024 08:10pm
Stocks UAE stocks gain on Fed rate cut hopes The equity markets in the United Arab Emirates (UAE) rose on Friday, driven primarily by an increase in financial... Published 13 Sep, 2024 06:51pm
Stocks Sri Lanka shares end higher as communication services gain; Q2 GDP grows CSE All-Share index settled 1.10% up at 10,683.10 Published 13 Sep, 2024 06:47pm
Middle East European, Muslim countries meet in Spain eyeing schedule for Palestinian statehood MADRID: Spain, hosting a high-level meeting on Friday of several Muslim and European countries on ways to end the... Published 13 Sep, 2024 06:42pm
Energy Global LNG: Asian spot LNG prices down on muted demand LONDON: Asian spot liquefied natural gas (LNG) prices fell this week amid limited demand for November deliveries and... Published 13 Sep, 2024 06:15pm
South Asia Typhoon Yagi death toll rises to 254 in Vietnam HANOI: The death toll in Vietnam from typhoon Yagi and the landslides and flash floods it triggered rose to 254 on... Published 13 Sep, 2024 06:09pm
Europe Zelensky announces 49 Ukrainian POWs returned to Kyiv UKRAINE-BELARUS BORDER: Ukrainian President Volodymyr Zelensky announced Friday that 49 Ukrainian POWs had been... Published 13 Sep, 2024 06:00pm
South Asia Sri Lanka economy posts 4.7% growth in Q2 COLOMBO: Sri Lanka’s economy grew 4.7% year-on-year from April to June this year, official data showed on Friday, as... Published 13 Sep, 2024 05:40pm
South Asia China signs finance cooperation agreement with debt distressed Maldives BEIJING: China’s central bank on Friday said it had signed an agreement with the Maldivian authorities to strengthen... Published 13 Sep, 2024 05:32pm
Stocks Indian shares pause near lifetime highs, log weekly gains ahead of likely Fed rate cut BENGALURU: Indian shares ended flat on Friday, after hitting all-time highs in the previous session, and logged... Published 13 Sep, 2024 05:12pm
Commodities Copper hits two-week high on weak dollar and China stimulus hopes LONDON: Copper prices hit a two-week high on Friday and were on track for the strongest week in a month on a weaker... Published 13 Sep, 2024 05:10pm
Commodities Palm drops on demand concerns, falls 2.2% this week MUMBAI: Malaysian palm oil futures extended losses to a second session on Friday, hitting a three-week low, on a... Published 13 Sep, 2024 05:07pm
Movies & Music ‘Shogun’ leads Emmys drama race, ‘The Bear’ seeks comedy repeat LOS ANGELES: Which series will succeed three-time winner ‘Succession’ as television’s best drama? Emmy voters will... Published 13 Sep, 2024 03:12pm
Stocks European shares climb with focus on US central bank policy decision European stocks advanced on Friday and were poised for weekly gains, supported by miners, while investors shifted... Published 13 Sep, 2024 03:12pm
IMF staff in Kenya for fact-finding mission after protests NAIROBI: A team of staff from the International Monetary Fund is visiting Kenya on a fact-finding trip, the IMF said... Published 13 Sep, 2024 03:10pm
Forex Russian rouble weakens before central bank rate decision MOSCOW: The Russian rouble weakened against both the US dollar and the Chinese yuan ahead of the central bank’s... Published 13 Sep, 2024 03:08pm
Arts Stolen Banksy ‘Girl with Balloon’ painting found LONDON: One of British street artist Banksy’s best-known paintings, ‘Girl with Balloon’, has been found after its... Published 13 Sep, 2024 02:46pm
Stocks Mining stocks push export-heavy FTSE 100 higher, strong pound keeps gains in check Mining stocks lifted London’s blue-chip index on Friday as investors raised their bets of a hefty US interest rate... Published 13 Sep, 2024 02:27pm
Europe Russia’s Sergei Shoigu meets North Korea’s Kim in Pyongyang MOSCOW: Top Russian security official Sergei Shoigu held talks with North Korean leader Kim Jong Un during a visit... Published 13 Sep, 2024 02:25pm
Ericsson forms company with 12 telcos to sell network software STOCKHOLM: Ericsson said on Thursday it had created a joint venture to sell software with a dozen telecom operators,... Published 13 Sep, 2024 02:23pm
Europe Ukraine says Russian drone barrage injures one, damages infrastructure KYIV: Ukraine’s air force said on Friday it had shot down 24 of 26 drones launched from Russia overnight over four... Published 13 Sep, 2024 01:51pm
Top ECB governors voice confidence on inflation and rates BUDAPEST/FRANKFURT: The European Central Bank’s two biggest shareholders expressed confidence on Friday about the... Published 13 Sep, 2024 01:49pm
Forex South African rand flat; markets focus on Fed rate cut next week JOHANNESBURG: The South African rand was little changed in early trade on Friday, as markets weighed up bets on the... Published 13 Sep, 2024 01:47pm
MENA Hamas chief Sinwar thanks Hezbollah in letter to Nasrallah BEIRUT: Hamas chief Yehya Sinwar thanked the leader of Lebanon’s Hezbollah Sayyed Hassan Nasrallah for his group’s... Published 13 Sep, 2024 01:44pm
Middle East Lebanon health ministry says three killed in Israeli strike BEIRUT: The Lebanese health ministry said a child was among three people killed in an Israeli strike in the... Published 13 Sep, 2024 12:38pm
Europe Prince Harry turns 40, distanced from royals LONDON: Prince Harry was once one of the British royal family’s most popular members, but as he celebrates his 40th... Published 13 Sep, 2024 12:35pm
Stocks Most Asian markets rise as traders gear up for Fed rate cut HONG KONG: Asian markets mostly rose Friday and the yen sat around nine-month highs after another healthy day on... Published 13 Sep, 2024 12:31pm
India’s Adani Group denies Hindenburg claims on Swiss probe MUMBAI: India’s Adani Group has denied involvement in a money laundering and securities fraud probe that reportedly... Published 13 Sep, 2024 12:27pm
Afghanistan-New Zealand Test abandoned without ball being bowled GREATER NOIDA: The one-off Test between Afghanistan and New Zealand was washed out on Friday after five days of... Published 13 Sep, 2024 12:21pm
USA Kamala Harris, Trump march forward in US battleground states drive WASHINGTON: US presidential candidates Donald Trump and Kamala Harris head to key battleground states on Friday,... Published 13 Sep, 2024 12:18pm
South Asia India’s top court frees jailed PM Modi opponent on bail NEW DELHI: A top political opponent of Indian Prime Minister Narendra Modi was granted bail on Friday after months... Published 13 Sep, 2024 12:16pm
New Zealand women’s football coach quits WELLINGTON: New Zealand women’s head coach Jitka Klimkova has quit, the national football body said Friday, having... Published 13 Sep, 2024 12:13pm
Asia North Korea shows first photos of banned uranium enrichment site SEOUL: North Korea for the first time showed images of the centrifuges that produce fuel for its nuclear bombs on... Published 13 Sep, 2024 12:00pm
Investigator backs WADA’s handling of Chinese swimmers case An investigator has backed the World Anti-Doping Agency’s handling of a case involving 23 Chinese swimmers who... Published 13 Sep, 2024 11:45am
Asia China’s defence minister asks major countries to take lead in safeguarding global security China’s defence minister said on Friday that China would enhance military ties with its neighbours, saying major... Published 13 Sep, 2024 11:39am
Commodities Palm recovers on sunoil supply fears from Black Sea, soyoil strength MUMBAI: Malaysian palm oil futures rose in early trade on Friday from their lowest level in three weeks, due to... Published 13 Sep, 2024 11:29am
Forex China’s yuan inches higher as Xi’s call fuels stimulus hopes SHANGHAI: China’s yuan inched higher against a weakening US dollar on Friday as President Xi Jinping’s call to step... Published 13 Sep, 2024 11:26am
Europe Russian defence official says US is trying to contain Russia and China, TASS reports The United States is carrying out the policy of containment with regards to both Russia and China, the TASS news... Published 13 Sep, 2024 11:24am
Commodities Copper hits 2-week high as Xi comments fuel stimulus hopes Copper prices rose to a two-week high on Friday, lifted by hopes of stimulus in top metals consumer China after... Published 13 Sep, 2024 11:21am
Commodities Iron ore firms on China stimulus hopes, set for weekly gain SINGAPORE: Iron ore futures prices extended gains to a second straight session on Friday and were headed for a... Published 13 Sep, 2024 11:19am
Cathay Pacific buys back warrants from Hong Kong government’s 2020 bailout SEOUL: Airline Cathay Pacific has bought back all warrants issued to the Hong Kong government in 2020, another step... Published 13 Sep, 2024 11:04am
Stocks China shares edge lower; Hong Kong rises on potential mortgage cut SHANGHAI: Mainland China’s shares slipped on Friday as investors squared their books for the upcoming holidays,... Published 13 Sep, 2024 11:00am
Mutual Funds India bond yields seen dipping as odds of larger Fed rate cut jump MUMBAI: Indian government bond yields are expected to open lower on Friday as sentiment was boosted after a sharp... Published 13 Sep, 2024 10:45am
Forex Indian rupee, forward premiums lifted by improved odds of deeper Fed rate cut MUMBAI: The Indian rupee rose on Friday and dollar-rupee forward premiums climbed on renewed hopes of a... Published 13 Sep, 2024 10:43am
Stocks Japan’s Nikkei falls on stronger yen; chip stocks limit losses TOKYO: Japan’s Nikkei share average fell on Friday after a stronger yen weighed on export-oriented stocks, while... Published 13 Sep, 2024 10:40am
Forex Australia, NZ dollars set for weekly gain as equities, commodities rally SYDNEY: The Australian and New Zealand dollars were headed for weekly gains on Friday following a rally in equities... Published 13 Sep, 2024 10:39am
Bullion Rate Gold prices hover near record peak with weekly gains in sight Gold prices hovered near an all-time high on Friday, and poised for a weekly gain due to a weaker dollar, while... Published 13 Sep, 2024 10:36am
Stocks Australian shares set for weekly gain on commodities boost; Fed meeting on tap Australian shares rose on Friday and were set for a weekly gain, as commodity stocks advanced on strong prices for... Published 13 Sep, 2024 10:32am
Stocks Indian shares likely to hover near record highs at open BENGALURU: Indian shares are set to open flat on Friday, after a sharp rally in the previous session to an all-time... Published 13 Sep, 2024 10:29am
Forex Dollar weak as traders add to wagers of big rate cut from Fed SINGAPORE: The dollar softened on Friday, with the euro and the yen on the rise as investors remained on tenterhooks... Published 13 Sep, 2024 10:27am
Commodities Wheat hovers near two-month high amid Black Sea tensions BEIJING: Chicago wheat futures firmed on Friday to hover near their highest levels in two months, as supply concerns... Published 13 Sep, 2024 10:20am
Federal Consolidated Fund: Non-depositing of surplus funds will be reviewed: Aurangzeb ISLAMABAD: Finance Minister Muhammad Aurangzeb Thursday said that the government “needs every single penny to come... Updated 13 Sep, 2024 09:45am
Capacity charges: 33 IPPs were paid Rs979.3bn in FY24 Minister for Energy says existing Power Purchase Agreements allow IPPs to recover its fixed costs including debt servicing through Capacity Purchase Price Updated 13 Sep, 2024 09:30am
Costly electricity: IPPs’ capacity charges not the sole factor: experts KARACHI: Energy experts have blamed a host of issues for the rising electricity prices, saying that the recent... Updated 13 Sep, 2024 09:27am
Talks with IMF going well, PM tells Cabinet ISLAMABAD: Prime Minister Shehbaz Sharif has assured his Cabinet colleagues that recent negotiations with the... Updated 13 Sep, 2024 09:26am
SCO decides to set up DEPs ISLAMABAD: Shanghai Cooperation Organization (SCO) member states have decided to establish a Database of Economic... Updated 13 Sep, 2024 09:23am
Policy rate cut yet again as inflation cools KARACHI: As per expectations, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Thursday... Updated 13 Sep, 2024 09:21am
All matters with IMF resolved: finance minister ISLAMABAD: Finance Minister Muhammad Aurangzeb said that Pakistan is moving towards development after achieving... Updated 13 Sep, 2024 09:19am
$7bn EFF on Sep 25 agenda of IMF EB ISLAMABAD: The International Monetary Fund (IMF) Executive Board is scheduled to take Pakistan’s 37-month Extended... Updated 13 Sep, 2024 09:16am
Power distribution: ADB willing to double loan amount ISLAMAABAD: The Asian Development Bank (ADB) has reportedly showed willingness to enhance loan amount of Power... Updated 13 Sep, 2024 09:15am
Faulty returns: FBR proposes harsh enforcement steps ISLAMABAD: The Federal Board of Revenue (FBR) has proposed harsh enforcement measures against the existing filers of... Updated 13 Sep, 2024 09:14am
Pak missile programme: US imposes sanctions on suppliers ISLAMABAD: The United States has imposed sanctions on five more entities and one individual allegedly for their... Updated 13 Sep, 2024 09:14am
Rate cut: inadequate aggression or insufficient restraint? If the litmus test of successful central banking is to remain widely unpopular throughout its term, the existing... Published 13 Sep, 2024 08:51am
APL’s FY24 power play In a year marked by economic turbulence and fluctuating petroleum prices, Attock Petroleum Limited (PSX: APL)... Published 13 Sep, 2024 08:49am
Interview with Omer Aftab, Founder and CEO – Pink Ribbon Pakistan ‘No woman should die from breast cancer due to a lack of awareness or resources’ Omer Aftab, Founder and CEO of Pink... Published 13 Sep, 2024 08:46am
BR’s refresher: your morning briefing for the day Important updates from September 12, 2024 Published 13 Sep, 2024 08:32am
PARTLY FACETIOUS: The Khawaja abandoned his narrative of the day before “There are some narratives that are so flawed that I can’t understand why they not only continue but gain momentum.”... Updated 13 Sep, 2024 07:59am
IHC suspends physical remand of PTI leaders ISLAMABAD: The Islamabad High Court (IHC), on Thursday, suspended the physical remand of Pakistan Tehreek-e-Insaf... Published 13 Sep, 2024 07:53am
Industry PBIF advisory board chief underscores need for increased industrial activities KARACHI: Chairman of the FPCCI Advisory Board and National Business Group Pakistan, the President of the Pakistan... Published 13 Sep, 2024 07:52am
Money & Banking Mashreq Pakistan forms Shariah Board KARACHI: Mashreq Pakistan has announced the formation of the Shariah Board for its operations in Pakistan. Dr Ahcene... Updated 13 Sep, 2024 07:48am
Money & Banking Faysal Bank, Mastercard renew partnership KARACHI: Faysal Bank Limited (FBL) has announced the renewal of its strategic partnership with Mastercard. The... Published 13 Sep, 2024 07:46am
Money & Banking JS Bank wins ‘2024 USD Clearing Quality Recognition Award’ KARACHI: JS Bank, one of the fastest-growing banks in Pakistan, has been honored with the 2024 USD Clearing Quality... Published 13 Sep, 2024 07:44am
Two killed in attack on polio vaccination team PESHAWAR: Gunmen opened fire on a polio vaccination team in Bajaur tribal district on Wednesday, killing one of ... Published 13 Sep, 2024 07:43am
Speedy and inexpensive justice high priority: Tarar ISLAMABAD: Minister for Law and Justice Azam Nazeer Tarar Thursday said dispensation of speedy and inexpensive... Published 13 Sep, 2024 07:38am
Money & Banking ‘HBL China Story’ session held KARACHI: HBL hosts the “HBL China Story” session, bringing together colleagues to discuss the significance of ... Published 13 Sep, 2024 07:37am
Direct talks with Taliban: Asif terms Gandapur’s stance ‘a direct attack on the federation’ ISLAMABAD: A day after Khyber-Pakhtunkhwa Chief Minister Ali Amin Gandapur said that the provincial government would... Published 13 Sep, 2024 07:24am
Middle East Deadly Israeli strike on Gaza school draws global condemnation GAZA STRIP: Israel faced international condemnation Thursday after a strike killed 18 people at a... Published 13 Sep, 2024 07:33am
Middle East Israel intelligence unit chief quits over Oct 7 failure JERUSALEM: The Israeli army said on Thursday that the head of an elite intelligence unit will resign over the ... Published 13 Sep, 2024 07:31am
India, China discuss early resumption of passenger flights NEW DELHI: India and China discussed early resumption of direct passenger flights between their two countries,... Published 13 Sep, 2024 07:27am
Interest Rates ECB cuts interest rates as growth dwindles FRANKFURT: The European Central Bank cut interest rates again on Thursday as inflation slows and economic growth... Updated 13 Sep, 2024 07:27am
Explaining alternative dispute resolution (ADR) General, 1. Dispute resolution is a preferred vehicle to settle cases where questions of facts or a composite... Published 13 Sep, 2024 07:08am
Letters Pakistan in the SCO: silent or strategic? China has emerged as the prime driver and a leader of the Shanghai Cooperation Organization (SCO) not only in the... Published 13 Sep, 2024 07:04am
Fixing ‘The middle-income trap’ for all countries Although quite late, and perhaps because of the urgency being created by the fast-unfolding climate change crisis,... Published 13 Sep, 2024 06:58am
Renewing foreign relationships Pakistan and the United States have a multifaceted historic relationship marked by noteworthy cooperation across... Published 13 Sep, 2024 06:53am
Addressing the crisis in education EDITORIAL: In yet another pledge to improve the state of education in the country and to increase its literacy rate,... Published 13 Sep, 2024 06:49am
Monetary easing amid slowing inflation EDITORIAL: In its scheduled 12 September Monetary Policy Committee meeting the discount rate was reduced by 200 ... Published 13 Sep, 2024 06:46am
UN decries ‘staggering’ economic devastation across Gaza, West Bank GENEVA: Israel’s war against Hamas has decimated Gaza’s economy, shrinking it to less than one-sixth of its 2022... Published 13 Sep, 2024 06:13am
The Weather KARACHI: The weather report on Thursday (September 12, 2024) and the forecast for Friday (September 13, 2024)... Published 13 Sep, 2024 06:13am
Pope says migrant workers need ‘a fair wage’ SINGAPORE: Pope Francis held mass and made a plea for migrant workers to be paid fairly as he visited the affluent... Published 13 Sep, 2024 06:13am
SpaceX makes history with first spacewalks by private citizens WASHINGTON: A pioneering private crew made history Thursday by performing the first commercial spacewalk, with NASA... Published 13 Sep, 2024 06:13am
Harris builds lead over Trump: poll WASHINGTON: Democratic US Vice President Kamala Harris leads Republican Donald Trump 47% to 42% in the race to win... Published 13 Sep, 2024 06:13am
Iconic Tarbela Dam turns 50 this year LAHORE: The year 2024 marks a momentous occasion for developing water and hydropower resources in Pakistan, as the... Published 13 Sep, 2024 06:13am
PTI members describing Gandapur as ‘Mr 10 percent’: Azma LAHORE: Information Minister Punjab Azma Bokhari has stated that a prisoner in Adiala Jail wants to incite conflict... Published 13 Sep, 2024 06:13am
Maryam for improving police performance LAHORE: The Punjab Chief Minister Maryam Nawaz Sharif has directed the authorities concerned to improve police... Published 13 Sep, 2024 06:13am
Discussion held to insulate educational institutions against drug abuse LAHORE: Regional Director Commander Anti-Narcotics Punjab, Brigadier Sikandar Hayat Chaudhry called on Governor... Published 13 Sep, 2024 06:13am
Several 5-star hotels fined for not installing e-IMS LAHORE: The Punjab Revenue Authority (PRA) has begun imposing heavy fines on businesses that fail to install the... Published 13 Sep, 2024 06:13am
Robert Gordon University keen to establish campus in CBD NSIT City LAHORE: Robert Gordon University (Scotland) has expressed keen interest in exploring the possibilities of... Published 13 Sep, 2024 06:13am
Rotary Club Faisalabad organises seminar on polio eradication FAISALABAD: In view of the increasing cases of polio in Pakistan, the Rotary Club of Faisalabad City has decided to... Published 13 Sep, 2024 06:13am
Sindh’s Zakat, Ushr committees: Rs2.33bn irregularities uncovered KARACHI: The Auditor General of Pakistan (AGP) has revealed significant financial irregularities amounting to Rs ... Published 13 Sep, 2024 06:13am
Airing Vawda’s and Kamal’s press talks: SC disposes of show-cause notices to TV channels ISLAMABAD: The Supreme Court disposed of show-cause notices to the TV channels for telecasting Senator Fesal Vawda... Published 13 Sep, 2024 06:13am
Foreign policy is a federal subject, points out FO ISLAMABAD: The Foreign Office on Thursday said that foreign policy is a federal subject and any proposal from any... Published 13 Sep, 2024 06:13am
Detained MPs allowed to attend parliament session ISLAMABAD: Several Pakistan MPs detained under new protest laws after demonstrating in support of jailed former... Published 13 Sep, 2024 06:13am
IK’s trial by military court: IHC directs govt to file report on prospects ISLAMABAD: The Islamabad High Court (IHC) has directed the federal government to file a report regarding the... Published 13 Sep, 2024 06:13am
FIA forms JIT to probe Toshakhana-II case against IK, spouse ISLAMABAD: The Federal Investigation Agency (FIA) has constituted three-member Joint Investigation Team (JIT) for... Published 13 Sep, 2024 06:13am
Arrested MNAs brought to NA on production order ISLAMABAD: At least 10 Pakistan Tehreek-e-Insaf (PTI) Members of National Assembly (MNAs), who were arrested from ... Published 13 Sep, 2024 06:13am
‘Cybersecurity guidelines’ to empower remote employees ISLAMABAD: A global cybersecurity Thursday issued cybersecurity guidelines which would empower remote employees in... Published 13 Sep, 2024 06:13am
Population growth: Senate body grills planning ministry ISLAMABAD: The Senate Standing Committee on Planning and Development, Thursday, grilled the Ministry of Planning for... Published 13 Sep, 2024 06:13am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (September 12, 2024). ====================================... Published 13 Sep, 2024 06:13am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (September 12, 2024).... Published 13 Sep, 2024 06:13am
Stocks Bulls rule on fresh buying KARACHI: Pakistan Stock Exchange on Thursday witnessed bullish trend and closed on positive note due to fresh buying... Published 13 Sep, 2024 06:13am
Stocks Japan’s Nikkei rallies on Wall Street gains TOKYO: Japan’s Nikkei share average rose on Thursday after a seven-day slide, as Wall Street’s overnight gains... Published 13 Sep, 2024 06:13am
Stocks China stocks slip to six-year closing low SHANGHAI: China’s stocks slid to their lowest close in nearly six years on Thursday, dragged down by... Published 13 Sep, 2024 06:13am
Stocks European shares hit one-week high as ECB cuts rates FRANKFURT: European shares jumped on Thursday after the European Central Bank (ECB) cut interest rates again as... Published 13 Sep, 2024 06:13am
Stocks Wall St mixed in choppy trade NEW YORK: Wall Street’s main indexes were mixed in choppy trading on Thursday after higher-than-expected producer... Published 13 Sep, 2024 06:13am
Stocks Euro gains as ECB cuts rates NEW YORK: The euro rose against the dollar on Thursday after European Central Bank President Christine Lagarde... Published 13 Sep, 2024 06:13am
Stocks Indian shares hit record high BENGALURU: Indian shares hit a record high on Thursday, boosted by heavy-weight banks and IT stocks in a volatile... Published 13 Sep, 2024 06:13am
Cleaning arrangements at Parliament Lodges: Outsourcing approved ISLAMABAD: The National Assembly Standing Committee on House and Library approved the outsourcing of cleaning... Published 13 Sep, 2024 06:13am
ECP forms body on ICT LG polls matter ISLAMABAD: With uncertainty surrounding the fate of the local government elections in the federal capital once ... Published 13 Sep, 2024 06:13am
‘Govt taking steps to eradicate cholera’ ISLAMABAD: The government of Pakistan in collaboration with World Health Organization (WHO) is taking every step for... Published 13 Sep, 2024 06:13am
Govt committed to addresses climate change issues: Tarar ISLAMABAD: The Federal Minister for Information and Broadcasting, Attaullah Tarar, reaffirmed the government's... Published 13 Sep, 2024 06:13am
IK’s trial by military court: IHC directs govt to file report on prospects ISLAMABAD: The Islamabad High Court (IHC) has directed the federal government to file a report regarding the... Published 13 Sep, 2024 06:13am
IK’s acquittal plea in Al-Qadir Trust case rejected ISLAMABAD: The Accountability Court, on Thursday, rejected Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran... Published 13 Sep, 2024 06:13am
KE removes over 2,000kg of underground illegal connections in North Karachi and Gadap KARACHI: K-Electric (KE), in collaboration with the law-enforcement agencies, continues its operations against... Published 13 Sep, 2024 06:13am
KP governor appoints four SAs to CM PESHAWAR: Governor Khyber Pakhtunkhwa has appointed four Special Assistants to the Chief Minister Khyber Pakhtunkhwa... Published 13 Sep, 2024 06:13am
KP governor bars universities from sale, lease of land PESHAWAR: Governor Khyber Pakhtunkhwa Faisal Karim Kundi has barred public sector universities in the province from... Published 13 Sep, 2024 06:13am
Murad calls on President Zardari ISLAMABAD: Sindh Chief Minister Syed Murad Ali Shah, on Thursday, called on President Asif Ali Zardari at... Published 13 Sep, 2024 06:13am
Need stressed to resolve issues of Balochistan ISLAMABAD: “The deepening crisis in Balochistan, exacerbated by inadequate governance, demands a shift away from... Published 13 Sep, 2024 06:13am
Industry NHA, Wapda termed essential SOEs, DP Establishments 'strategic' one ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs) categorised National Highways Authority (NHA)... Published 13 Sep, 2024 06:13am
Over 3,000 illegal connections removed as crackdown against gas theft continues KARACHI: SSGC continued to tighten the noose on gas theft miscreants through fresh arrests and multiple targeted... Published 13 Sep, 2024 06:13am
Parliamentarians, educationists visit inspect college renovation ISLAMABAD: A group of parliamentarians and educationists, on Thursday, visited IMCB I-8/3 to inspect the recent... Published 13 Sep, 2024 06:13am
Sindh govt takes efforts for launching e-taxis KARACHI: Sindh government has intensified its efforts to launch electric taxis. In this regard, Sindh Senior ... Published 13 Sep, 2024 06:13am
Issues of parliament, MPs: Special body formed to formulate policy ISLAMABAD: In a bid to avert the repetition of mishaps like the arrest of MNAs from Parliament House, an 18-member... Published 13 Sep, 2024 06:13am
Terrorism charges withdrawn in harassment case LAHORE: An Anti Terrorism Court (ATC) on Thursday allowed withdrawal of terrorism charges in a case of harassment to... Published 13 Sep, 2024 06:13am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Thursday (September 12, 2024). =======================================... Published 13 Sep, 2024 06:13am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (September 12, 2024)... Published 13 Sep, 2024 06:13am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (September 12, 2024).... Published 13 Sep, 2024 06:13am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Thursday (September 12, 2024). ======================== Open ... Published 13 Sep, 2024 06:13am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 13 Sep, 2024 06:13am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Thursday (September 12, 2024). ========================== ... Published 13 Sep, 2024 06:13am
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 13 Sep, 2024 06:13am
Rates LME official prices LONDON: The following were Wednesday official prices. ========================================= ALUMINIUM... Published 13 Sep, 2024 06:13am
Commodities PMEX daily trading report KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 40.706... Published 13 Sep, 2024 06:13am
Commodities Asia rice: India rice prices hit 8-month low BENGALURU/ MUMBAI/ BANGKOK/HANOI AND BANGLADESH: Thai prices fell to their lowest level in over a year as bidders... Published 13 Sep, 2024 06:13am
Cotton & Textile Firm trend on cotton market LAHORE: The local cotton market on Thursday remained firm and the trading volume remained satisfactory. Cotton... Published 13 Sep, 2024 06:13am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday, (September 12, 2024)... Published 13 Sep, 2024 06:13am
Commodities Malaysian palm oil hits three-week low MUMBAI: Malaysian palm oil futures fell on Thursday to their lowest level in three weeks, on expectations of an... Published 13 Sep, 2024 06:13am
Rates Activities of Karachi Port Trust, Port Qasim KARACHI: The Karachi Port Trust handled 186,039 tonnes of cargo comprising 81,380 tonnes of import cargo and 104,659... Published 13 Sep, 2024 06:13am
Energy Oil prices climb on concern about hurricane’s impact on US output NEW YORK: Oil prices rose more than 1% on Thursday, extending a rebound spurred by concern over Hurricane... Published 13 Sep, 2024 06:13am
Commodities Copper jumps to almost two-week high LONDON: Copper prices jumped to their highest in nearly two weeks on Thursday on signs of firmer demand in top ... Published 13 Sep, 2024 06:13am
Commodities Japanese rubber futures soar SINGAPORE: Japanese rubber futures climbed on Thursday to their highest levels in more than a week, supported by... Published 13 Sep, 2024 06:13am
Energy US natgas rises on smaller-than-expected storage build NEW YORK: US natural gas futures rose more than 2% on Thursday on a smaller-than-expected storage build last week,... Published 13 Sep, 2024 06:13am
Energy Ogra reduces RLNG price for SNGPL, SSGC ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) announced, on Thursday, a reduction in the price of... Published 13 Sep, 2024 06:13am
Commodities PAMRA, RUDA sign MoU to set up new vegetable market in RUDA area LAHORE: Punjab Agriculture and Livestock Minister Syed Ashiq Hussain Kirmani has said that the vegetable market ... Published 13 Sep, 2024 06:13am
Forex funds placed in PKR account: AGP faults Wapda for Rs64.8bn loss to kitty ISLAMABAD: The Auditor General of Pakistan (AGP) has held Wapda responsible for inflicting Rs 64.8 billion financial... Published 13 Sep, 2024 06:13am
Commodities Gold prices down KARACHI: The local and international gold prices on Thursday receded from the all-time highs with global bullion... Published 13 Sep, 2024 06:13am
Businessmen, industrialists say they were expecting ‘much bigger’ policy rate cut KARACHI: Business and industrial community has expressed disappointment over the policy rate cut of 200 basis points... Published 13 Sep, 2024 06:13am
Mutually-beneficial interactions: SCO underscores need for adopting inclusive approach ISLAMABAD: Speakers at a conference, while stressing the need to increase regional and global trade cooperation ... Published 13 Sep, 2024 06:13am
Cut in policy rate lauded LAHORE: Chairman Founders Group Mian Misbah-ur-Rehman has expressed strong appreciation for the recent decision by... Published 13 Sep, 2024 06:13am
Forex reserves rise to $9.47bn KARACHI: The total liquid foreign reserves held by the country stood at $14,796.1 million as of 06-Sep-2024. The... Published 13 Sep, 2024 06:13am
Money & Banking Asian currencies ebb as bets of big US rate cut ease BENGALURU: Singapore equities hit a more-than-six-year-high on Thursday, buoyed by rising foreign buying and... Published 13 Sep, 2024 06:13am
Money & Banking Money in circulation: No new banknote designs shortlisted so far: SBP KARACHI: The State Bank of Pakistan (SBP) clarified on Thursday that the banknote designs that have won the art... Published 13 Sep, 2024 06:13am
Companies CCP approves merger of DWP Engineering & Digital World ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval for the merger between M/s DWP... Published 13 Sep, 2024 06:13am
Taxes CIR empowered to condone time-limits ISLAMABAD: The Federal Board of Revenue (FBR) has empowered Commissioner-Inland Revenue (IR) to condone time-limits... Published 13 Sep, 2024 06:13am
Taxes FBR official suspended ISLAMABAD: The Federal Board of Revenue (FBR) has suspended Muhammad Ali (IRS/BS-18), Deputy Commissioner-IR,... Published 13 Sep, 2024 06:13am
Industry Hyderabad Chamber election: Five candidates withdraw nomination papers HYDERABAD: According to a statement by Furqan Ahmed Lodhi, Secretary General of the Hyderabad Chamber of Small... Published 13 Sep, 2024 06:13am
‘National uplift hinges on industrialisation’ KARACHI: Zubair Motiwala, Chairman of the Businessmen Group (BMG), emphasized that Pakistan's development hinges on... Published 13 Sep, 2024 06:13am
Industry Governor Sindh lauds IEEEP Fair for promoting int’l collaborations amid economic challenges KARACHI: Governor Sindh Kamran Khan Tessori has lauded exhibitions like IEEEP Fair for promoting international... Published 13 Sep, 2024 06:13am
Govt prioritising the blue economy, says PM ISLAMABAD: Prime Minister Shehbaz Sharif has said that government is prioritising the blue economy as a central... Published 13 Sep, 2024 06:13am
Industry IMO SG extends cooperation to Pakistan ISLAMABAD: Secretary General of the International Maritime Organization (IMO) Arsenio Antonio Dominguez Velasco has... Published 13 Sep, 2024 06:13am
Industry PHMA wants interest rate in single-digit KARACHI: Pakistan Hosiery Manufacturers & Exporters Association (PHMA) has urged the State Bank to cut interest... Published 13 Sep, 2024 06:13am
SBP Overnight Repo rates KARACHI: The State Bank of Pakistan (SBP) has decided to decrease ‘Policy Rate’ (Target Rate) from 19.50 percent... Published 13 Sep, 2024 06:13am
USA US imposes sanctions on suppliers to Pakistan’s ballistic missile program The U.S. State Department on Thursday imposed sanctions on a Chinese research institute and several companies it... Published 13 Sep, 2024 12:04am