Stocks KSE-100 closes flat after briefly crossing 86,000 mark for the first time The Pakistan Stock Exchange (PSX) witnessed a volatile session on Wednesday as its benchmark KSE-100 Index crossed... Updated 10 Oct, 2024 12:19pm
Reddy stars as India crush Bangladesh to clinch T20 series NEW DELHI: Rookie all-rounder Nitish Kumar Reddy smashed 74 and took two wickets to help India thrash Bangladesh by... Updated 10 Oct, 2024 03:45am
Business & Economy High-level Saudi business delegation arrives in Pakistan on three-day visit PM Shehbaz had earlier stated that he expected agreements worth $2 billion to be signed Updated 10 Oct, 2024 01:06am
Senior politician, former NA speaker Elahi Bux Soomro passes away in Karachi Elahi Bux Soomro, former speaker of the National Assembly (NA), passed away in Karachi on Wednesday, according to... Updated 10 Oct, 2024 12:02am
Hezbollah agreed Lebanon ceasefire before Israel killed leader: govt source BEIRUT: Hezbollah told the Lebanese authorities it accepted a ceasefire with Israel the day an Israeli strike killed... Published 09 Oct, 2024 11:24pm
At least four Palestinians killed in Israeli raid on West Bank NABLUS: Israeli police killed at least four Palestinians in the occupied West Bank city of Nablus on Wednesday,... Published 09 Oct, 2024 11:16pm
Europe Macron to host Ukraine’s Zelensky after meeting Ukrainian troops PARIS: President Emmanuel Macron will on Thursday hold talks in Paris with Ukrainian counterpart Volodymyr Zelensky,... Published 09 Oct, 2024 11:09pm
Security forces kill two terrorists in Zhob District: ISPR Security forces killed two terrorists, including a high-value target, on Wednesday when the militants tried to... Updated 09 Oct, 2024 10:52pm
Business & Economy Pakistan’s remittance inflow stands at $2.85bn in September 2024, up 29% year-on-year Amount marginally lower than in August 2024 During 3MFY25, remittances up nearly 39% YoY to $8.8 billion as compared to $6.3 billion in 3MFY24 Updated 09 Oct, 2024 10:51pm
South Asia Trump praises India’s Modi as ‘total killer’ WASHINGTON: Republican White House candidate Donald Trump praised Indian Prime Minister Narendra Modi as a “total... Published 09 Oct, 2024 10:04pm
Energy Energy sector reforms: committee approves ISMO formation ISMO will be an independent multi-player market for electricity generation and procurement in Pakistan Updated 09 Oct, 2024 09:57pm
Stocks STOXX 600 closes higher with focus on interest rate cuts, US data European stocks settled higher on Wednesday, bouncing from losses in the previous session as investors focussed on... Published 09 Oct, 2024 09:47pm
Stocks London stocks regain ground after worst session in two months British equities mostly rebounded on Wednesday, with the biggest boost from the real estate sector, while... Published 09 Oct, 2024 09:44pm
Energy Oil falls as swelling US supply counters Middle East and hurricane risks NEW YORK: Oil fell by more than $1 a barrel on Wednesday on rising U.S. crude inventories, while the risk of supply... Updated 09 Oct, 2024 09:40pm
Any political party that facilitates PTM will face consequences: Naqvi Federal Minister for Interior Mohsin Naqvi said on Wednesday that the Pashtun Tahafuz Movement (PTM) is involved in... Updated 09 Oct, 2024 09:14pm
MENA Global rich are picking Dubai’s luxury real estate over a volatile stock market City is already considered 'safe haven' for wealthy individuals amid global economic fluctuations and political uncertainties Published 09 Oct, 2024 08:08pm
Stocks US stocks mixed as Florida braces for Hurricane Milton NEW YORK: Wall Street stocks were mixed early Wednesday as the market braced for a major hurricane approaching... Published 09 Oct, 2024 08:02pm
Rights groups slam Pakistan for blocking activist Mahrang Baloch’s US travel ISLAMABAD: Human rights advocates including Nobel Peace Prize laureate Malala Yousafzai criticised Pakistan on... Published 09 Oct, 2024 07:25pm
Middle East Hezbollah says targeted Israeli forces in Lebanese village BEIRUT: Hezbollah on Wednesday said its fighters targeted Israeli forces in a south Lebanon border village, shortly... Published 09 Oct, 2024 07:21pm
Stocks Listed IPPs Hubco, Lalpir call emergency meetings as govt moves towards agreement termination Independent Power Producers (IPPs) listed at the Pakistan Stock Exchange (PSX), including Hub Power Company Limited... Updated 09 Oct, 2024 07:20pm
Literature Melania Trump tight-lipped as ever in new memoir NEW YORK: As first lady, Melania Trump was a cipher to Americans. Now, with her husband weeks from possibly securing... Published 09 Oct, 2024 07:07pm
Stocks Most Gulf markets ease amid regional tensions Most stock markets in the Gulf were subdued on Wednesday, with geopolitical tensions in the region taking center... Published 09 Oct, 2024 06:39pm
Record-breaking Root helps England dominate Pakistan in first Test MULTAN: Joe Root went past Alistair Cook as England’s highest Test run scorer with an unconquered hundred against... Updated 09 Oct, 2024 06:37pm
Exchange Rupee ends marginally weaker against US dollar Currency settles at 277.72 against greenback in inter-bank market Updated 09 Oct, 2024 06:35pm
Middle East Saudi king Salman recovers after undergoing medical tests, royal court says DUBAI: Saudi Arabia’s King Salman has recovered after successfully completing medical tests for lung inflammation on... Published 09 Oct, 2024 05:55pm
Europe Russia says peace in Ukraine is impossible if Kyiv gets NATO membership MOSCOW: Russian Foreign Ministry Spokeswoman Maria Zakharova said on Wednesday that achieving a just peace in... Published 09 Oct, 2024 05:46pm
Sabalenka relishes ‘much-needed’ tennis rivalry with Swiatek WUHAN: World number two Aryna Sabalenka said Wednesday that she believes her rivalry with top-ranked Iga Swiatek is... Published 09 Oct, 2024 05:29pm
Europe Russia says two Kursk region villages recaptured from Ukraine MOSCOW: Russia’s defence ministry said Wednesday it had retaken two villages in its Kursk region that were captured... Published 09 Oct, 2024 05:21pm
USA ‘Catastrophic’ Hurricane Milton heads to Florida Gulf Coast TAMPA, FLORIDA: Hurricane Milton tore towards Florida’s Gulf Coast on Wednesday, leaving residents with one final... Published 09 Oct, 2024 05:15pm
Stocks Profit-booking pulls Indian shares to losses from central bank-powered gains Indian shares settled lower on Wednesday, succumbing to another bout of profit booking in the final hour of trading... Published 09 Oct, 2024 05:01pm
Stocks Sri Lanka shares end lower as utilities weigh CSE All-Share index settled down 0.16% at 12,152.15 Published 09 Oct, 2024 04:58pm
Commodities Aluminium falls on producer selling, uncertainty over China stimulus LONDON: Aluminium prices fell further on Wednesday, with producers selling forward to lock in high prices and... Published 09 Oct, 2024 04:56pm
Commodities Palm oil falls ahead of Malaysia’s supply-demand report KUALA LUMPUR: Malaysian palm oil futures fell on Wednesday, reversing earlier gains, as market participants awaited... Published 09 Oct, 2024 04:53pm
Special flight with 70 Pakistanis from Lebanon arrives in Karachi A special flight carrying 70 Pakistani nationals, evacuated from Lebanon, arrived in Karachi on Wednesday. They were... Updated 09 Oct, 2024 04:27pm
Stocks Citi Pharma intends to construct 200-bed hospital, medical university in Lahore Citi Pharma Limited (CPHL), a Pakistani pharmaceutical company, will construct a healthcare facility, featuring a... Published 09 Oct, 2024 03:57pm
Commodities Gold price per tola decreases Rs3,000 in Pakistan Gold prices in Pakistan decreased on Wednesday in line with their decline in international rates. In the local... Published 09 Oct, 2024 03:42pm
Forex Kenyan shilling steady on tea, diaspora FX inflows NAIROBI: Kenya’s shilling was steady against the dollar on Wednesday, supported by dollar inflows from the tea... Published 09 Oct, 2024 03:30pm
Europe Turkiye Airlines pilot dies mid-flight, forcing emergency landing ISTANBUL: A Turkiye Airlines pilot died after collapsing mid-flight, forcing the Turkish national carrier to make an... Published 09 Oct, 2024 03:20pm
Europe Ukraine’s Zelenskiy arrives in Croatia for third Ukraine-South East Europe summit Ukrainian President Volodymyr Zelenskiy arrived in Croatia for the third Ukraine-South East Europe summit on... Published 09 Oct, 2024 03:11pm
Movies & Music Cate Blanchett set to debut new Apple TV+ thriller ‘Disclaimer’ LONDON: Oscar winners Alfonso Cuaron and Cate Blanchett say their new television show ‘Disclaimer’ is woven around... Published 09 Oct, 2024 02:00pm
MENA Hezbollah targets Israeli troops on Lebanese border, sirens sound in northern Israel OCCUPIED JERUSALEM/BEIRUT: Hezbollah targeted Israeli soldiers near the Lebanese border village of Labbouneh with... Published 09 Oct, 2024 01:48pm
MENA Gulf states must not allow use of airspace against Iran, Iranian official says Tehran has told Gulf Arab states it would be “unacceptable” if they allowed use of their airspace or military bases... Published 09 Oct, 2024 01:25pm
Commodities Algerian wheat buy in tender seen at 510,000 to 570,000 T, traders say HAMBURG/PARIS: Algeria’s state grains agency OAIC is believed to have purchased around 510,000 to 570,000 metric... Published 09 Oct, 2024 01:15pm
Oil prices: War premium is back As the world holds its breath over Israel’s response to Iran’s missile attack earlier this month, the global oil... Updated 09 Oct, 2024 12:58pm
Stocks Defensive sectors prop up Europe’s STOXX 600 as China jitters persist European stocks eked out gains on Wednesday, aided by defensive sectors, as uncertainty around China’s stimulus... Published 09 Oct, 2024 12:45pm
Jannik Sinner avoids Shanghai deja vu with assured Shelton win SHANGHAI: World number one Jannik Sinner put some old demons to rest when he made it through to the Shanghai Masters... Published 09 Oct, 2024 12:34pm
India central bank leaves interest rates unchanged MUMBAI: India’s central bank held interest rates steady on Wednesday but left the door open for future cuts, as... Published 09 Oct, 2024 12:32pm
Joe Root breaks Cook’s England Test run record MULTAN: Joe Root broke Alastair Cook’s England Test record of 12,472 runs on the third day of the opening Test... Published 09 Oct, 2024 12:27pm
South Asia Nepali becomes youngest to climb world’s 8,000m peaks KATHMANDU: An 18-year-old Nepali mountaineer on Wednesday broke the record for the youngest person to summit all 14... Published 09 Oct, 2024 12:14pm
Europe ‘Cracks’ grow in EU parliament wall keeping far right at bay STRASBOURG: A deal here, a vote there: Small but steady signs of a rapprochement between right and far right in the... Published 09 Oct, 2024 12:09pm
New Zealand’s Williamson in doubt for India Test series WELLINGTON: New Zealand on Wednesday named prolific batter Kane Williamson in its squad to tour India, despite a... Published 09 Oct, 2024 12:04pm
Europe UK’s David Lammy to press for ceasefires in Mideast visit LONDON: Foreign Secretary David Lammy warned on Wednesday that countries “must not waver” as they work towards... Published 09 Oct, 2024 11:59am
Africa Niger ups flood toll to 339 dead, more than 1 million affected NIAMEY: Torrential rains in Niger have left 339 people dead and more than 1.1 million displaced since June, state... Published 09 Oct, 2024 11:33am
New stadium gives Real Madrid a headache MADRID: Real Madrid’s revamp of its historic Santiago Bernabeu stadium has become a problem for the Spanish football... Published 09 Oct, 2024 11:31am
Recent winners of the Nobel Chemistry Prize STOCKHOLM: Here is a list of Nobel Prize in Chemistry winners over the past 10 years: Duo wins Physics Nobel for... Published 09 Oct, 2024 11:22am
OpenAI to expand globally with four new offices PARIS: Californian company OpenAI, which makes generative AI chatbot ChatGPT, said Wednesday it was expanding its... Published 09 Oct, 2024 11:12am
Stocks Chinese shares drop on stimulus upset, Asia tracks Wall St higher HONG KONG: Stocks in mainland China and Hong Kong tumbled Wednesday on another volatile day after Beijing... Published 09 Oct, 2024 11:08am
USA Kamala Harris drinks beer on late night TV NEW YORK: If Kamala Harris wins the US election she has made clear one change sure to come to the White House: the... Published 09 Oct, 2024 10:58am
England’s Stone dashes home from Pakistan for wedding MULTAN: England fast bowler Olly Stone left Pakistan early on Wednesday, racing home from the Test series for his... Published 09 Oct, 2024 10:51am
Bullion Rate Gold prices steady with Fed minutes on tap Gold prices held steady on Wednesday as traders awaited cues on US interest rate policy from the minutes of the... Published 09 Oct, 2024 10:45am
Commodities Wheat rises for 3rd session on weather worries; corn, soybeans down SINGAPORE: Chicago wheat futures gained more ground on Wednesday, with prices supported by dry weather that... Published 09 Oct, 2024 10:43am
Commodities Palm opens lower on weaker Dalian oils and stronger ringgit KUALA LUMPUR: Malaysian palm oil futures fell slightly on Wednesday, weighed by weaker Dalian edible oils and a... Published 09 Oct, 2024 10:40am
ECB’s Stournaras backs two quarter-point rate cuts in 2024, FT says European Central Bank (ECB) policymaker Yannis Stournaras is backing two interest rate cuts this year and expects... Published 09 Oct, 2024 10:38am
USA Floridians flee looming catastrophe as Hurricane Milton approaches TAMPA: Floridians on Wednesday had one final day to evacuate or hunker down ahead of the Category 5 Hurricane... Published 09 Oct, 2024 10:27am
32 top Saudi cos’ team due today Pakistan estimates investment of up to $15-20 billion from Saudi Arabia in different sectors/fields including purchase of public sector entities or share purchase Updated 09 Oct, 2024 10:26am
Forex Indian rupee may inch up tracking Asia FX; RBI decision, Fed minutes loom MUMBAI: The Indian rupee is expected to rise marginally at open on Wednesday, tracking a recovery on Asian peers and... Published 09 Oct, 2024 10:19am
Mutual Funds Indian bond yields may dip post index inclusion; RBI decision on tap MUMBAI: Indian government bond yields are expected to move marginally lower early in the session on Wednesday after... Published 09 Oct, 2024 10:16am
Stocks Australian shares rise on boost from banks Australian shares rose on Wednesday as gains in banks outweighed losses in mining and energy stocks, while New... Published 09 Oct, 2024 10:11am
Stocks Japan’s Nikkei climbs on tech boost; 7-Eleven owner jumps TOKYO: Japan’s Nikkei share average rose on Wednesday, with tech stocks tracking their US peers higher, while shares... Published 09 Oct, 2024 10:09am
Forex Dollar steady ahead of Fed minutes, NZ dollar falls after rate cut TOKYO: The dollar drifted sideways on Wednesday, giving some relief to the yen and other major currencies after a... Published 09 Oct, 2024 10:06am
Stocks Indian shares rise after central bank eases policy stance to ‘neutral’ Indian shares rose on Wednesday, after the central bank kept rates unchanged as expected but eased its policy... Published 09 Oct, 2024 10:00am
Stocks Chinese stock rally hits speed bump as investors await fresh cues SHANGHAI/SINGAPORE: Chinese stocks tumbled on Wednesday alongside their Hong Kong peers, as investors booked profits... Published 09 Oct, 2024 09:58am
Forex Asian currencies eke out gains on muted dollar Most emerging Asian currencies gained ground against a muted dollar on Wednesday as investors stood on the sidelines... Published 09 Oct, 2024 09:53am
Palestine, Lebanon: Cabinet approves establishment of PM’s Relief Fund ISLAMABAD: The Federal Cabinet has approved the establishment of the Prime Minister’s Relief Fund for Palestine and... Updated 09 Oct, 2024 09:35am
NPMC notes significant decline in inflation ISLAMABAD: National Price Monitoring Committee (NPMC) meeting revealed significant declining trend in inflation over... Updated 09 Oct, 2024 09:33am
Heavy investment expected in ‘Pakistan Sovereign Wealth Fund’ ISLAMABAD: In the investment sector there has been major development, according to which Pakistan Sovereign Wealth... Updated 09 Oct, 2024 09:25am
Chinese delegation visits SIFC ISLAMABAD: A high-level Chinese trade delegation from the China Asia Economic Development Association visited the... Updated 09 Oct, 2024 09:23am
Kohat Cement Company Limited Kohat Cement Company Limited (PSX: KOHC) was established by the State Cement Corporation of Pakistan in 1984. In... Published 09 Oct, 2024 08:52am
Remittances: Two incentives available to banks and ECs now KARACHI: To enhance the flow of home remittances, the State Bank of Pakistan (SBP) has revamped the incentive... Updated 09 Oct, 2024 09:04am
World Bank pledges $2bn to help govt respond to 2022 floods ISLAMABAD: The World Bank (WB) had pledged $2 billion, including $1.55 billion for new projects, as support to help... Updated 09 Oct, 2024 09:04am
Debt dilemma: Fixing the fiscal flip The central government debt increased to Rs48.4 trillion in August 2024, 21 percent higher than the same period last... Published 09 Oct, 2024 08:58am
LDA seals 10 buildings in Faisal Town LAHORE: In an operation against the land mafia in Sabzazar and defaulters of commercialization fees, the Lahore... Published 09 Oct, 2024 08:55am
CM reviews progress on Lahore Development Plan LAHORE: Punjab Chief Minister Maryam Nawaz Sharif chaired a meeting on Tuesday to review progress on Lahore... Published 09 Oct, 2024 08:55am
Agriculture and Allied Agri sector has huge potential to ensure food security: Governor FAISALABAD: Punjab Governor Sardar Saleem Haider Khan on Tuesday said that the agriculture sector had witnessed 6.6%... Published 09 Oct, 2024 08:54am
Govt debt hits all-time high of Rs70.36trn by Aug-end KARACHI: The federal government’s total debt stocks crossed Rs 70 trillion mark at the end of August 2024 primarily... Updated 09 Oct, 2024 08:53am
Punjab cabinet approves allotment of 100,000 acres to landless farmers on lease LAHORE: Punjab cabinet, which met hereon Tuesday with Chief Minister Maryam Nawaz Sharif in the chair, accorded... Updated 09 Oct, 2024 08:53am
Religious scholars condemn continuing genocide in Gaza KARACHI: The country’s leading religious scholars have strongly condemned Israel’s prolonged war on Gaza,... Updated 09 Oct, 2024 08:53am
Strike and strife cost economy Rs190bn a day: minister ISLAMABAD: Finance Minister Muhammad Aurangzeb on Tuesday said that national economy suffered cumulative losses of... Updated 09 Oct, 2024 08:53am
Taxes Operating in Gwadar Zone: FBR places checks on import of duty-free vehicles ISLAMABAD: The Federal Board of Revenue (FBR) has placed strict checks on the import of duties and taxes free... Published 09 Oct, 2024 08:52am
Aurangzeb tells foreign investors: ‘Govt focused on ensuring structural reforms’ ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has said the government is focused on... Updated 09 Oct, 2024 08:50am
Taxes ‘Mini-budget possibility decreasing due to tax reforms’ KARACHI: Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President Pakistan Businessmen... Published 09 Oct, 2024 08:50am
Conditional export of sugar allowed ISLAMABAD: The Sugar Advisory Board (SAB) meeting, on Tuesday, decided to conditionally allow export of 500,000 tons... Updated 09 Oct, 2024 08:49am
ABC announces new executive committee KARACHI: Kamran Ataullah Khan, CEO & Country Manager of DuPont Pakistan Operations (Pvt) Ltd, has been elected ... Published 09 Oct, 2024 08:49am
Theft of seized goods: KICT clarifies its position KARACHI: Karachi International Container Terminal (KICT) wishes to clarify its position regarding the recent BR... Published 09 Oct, 2024 08:48am
BR’s refresher: your morning briefing for the day Important updates from October 8, 2024 Published 09 Oct, 2024 08:47am
Industry 5th TEXPO 2024 exhibition from Oct 23rd in Karachi KARACHI: The TEXPO 2024, the flagship event for the textile and leather industry of Pakistan, is set to take place... Published 09 Oct, 2024 08:47am
18 smoke-emitting vehicles impounded LAHORE: In an ongoing anti-smog campaign, the Lahore District Administration has impounded 18 smoke-emitting ... Updated 09 Oct, 2024 08:46am
AKUH CMS gets SHC license KARACHI: The Aga Khan University Hospital’s (AKUH) Clifton Medical Services (CMS) formally received the Sindh... Published 09 Oct, 2024 08:44am
Health challenges: Call for evidence-based policymaking, strengthening ISLAMABAD: Dr Malik Mukhtar Ahmad Bharath, Prime Minister’s Coordinator on National Health Services and ... Updated 09 Oct, 2024 08:43am
CCP’s efforts progress in promoting fair competition, enhancing market transparency ISLAMABAD: The Competition Commission of Pakistan (CCP) has made substantial progress in its efforts to promote fair... Updated 09 Oct, 2024 08:42am
CDA on track to meet revenue targets ISLAMABAD: The Capital Development Authority (CDA) is on track to meet its revenue targets for the fiscal year.... Published 09 Oct, 2024 08:41am
Taxes ‘Charging fees for rendering services not part of turnover’ LAHORE: A freight forwarding agent has proved that charging fees for rendering services cannot be treated as part of... Updated 09 Oct, 2024 08:40am
Country standing on its feet, says Azma LAHORE: Punjab Information Minister Azma Bokhari has said that Gundapur’s failed and fabricated story is not being... Published 09 Oct, 2024 08:38am
Directive to expedite work on CETPs KARACHI: Provincial minister for Industries and Commerce Jam Ikramullah Dharejo has directed the officers to ... Updated 09 Oct, 2024 08:36am
Emergency Services marks ‘National Resilience Day’ LAHORE: ‘National Resilience Day’ was marked on Tuesday with a renewed pledge to continue efforts for building... Published 09 Oct, 2024 08:33am
Taxes ‘Credible’ forensic lab test must for vehicle auction ISLAMABAD: The Federal Board of Revenue (FBR) has made it mandatory for the Customs Department to conduct forensic... Published 09 Oct, 2024 08:33am
Industry Flour crisis feared: ‘Farmers hesitant for wheat sowing in absence of clear policy’ LAHORE: Flour millers have alleged that despite the start of the wheat sowing season, farmers are hesitant to go for... Published 09 Oct, 2024 08:31am
Governor says foreign investors keen for investment in Pakistan LAHORE: Punjab Governor, Sardar Saleem Haider Khan said on Tuesday that the country’s economic condition was... Published 09 Oct, 2024 08:29am
IG condoles with deputy CG on deaths of Chinese LAHORE: Inspector General of Police Punjab, Dr Usman Anwar, visited the Chinese Consulate Office in Lahore and met... Published 09 Oct, 2024 08:28am
Iranian envoy calls on JI chief LAHORE: Iran's Ambassador to Pakistan Reza Amiri Moghadam on Tuesday met with Chief Jamaat-e-Islami Hafiz... Published 09 Oct, 2024 08:26am
Energy KE removes 7,000 illegal connections KARACHI: K-Electric (KE), with the support of the law enforcement agencies, is actively conducting operations ... Published 09 Oct, 2024 08:26am
KP generates only 7pc of total annual receipts: CM’s aide PESHAWAR: Advisor to KP CM on Finance, Muzammil Aslam Khyber Pakhtunkhwa receives 93 percent of funds from the... Updated 09 Oct, 2024 08:23am
LCCI lauds govt’s steps to review annual agreements with IPPs LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has appreciated the government's proactive measures to... Published 09 Oct, 2024 08:21am
PFA inspects food points on motorway LAHORE: Food safety teams of the Punjab Food Authority on Tuesday inspected 884 food points to ensure healthy and... Published 09 Oct, 2024 08:20am
Physical audit of 1m pending cases conducted first time in history of LHC LAHORE: An audit report conducted by the Lahore High Court (LHC) revealed that over one million cases are pending in... Published 09 Oct, 2024 08:19am
Industry President HCSTSI expresses concern over condition of Auto Bhan Road HYDERABAD: Muhammad Saleem Memon, President, Hyderabad Chamber of Small Traders & Small Industry (HCSTSI), has... Published 09 Oct, 2024 08:18am
President urges businesses to invest in Stock Exchange ISLAMABAD: In order to improve the country’s economy, President Asif Ali Zardari has called for providing a... Published 09 Oct, 2024 08:16am
Industry PTA seeks immediate withdrawal of export of live animals’ decision KARACHI: It is unveiled from newspapers that the government is considering for the export of live animals for which... Updated 09 Oct, 2024 08:16am
Why PCCC crucial for Pakistan’s economy and textile industry Whenever we think of cotton research and development, the concept of cotton varieties often comes to mind. However,... Updated 09 Oct, 2024 07:24am
Political ‘surrender’ of 1958 that shook the foundations of Pakistan History is full of accounts of surrender and retreat. In the American Civil war (1861-1865) Confederate General in... Updated 09 Oct, 2024 07:18am
Yet another attack on the Chinese EDITORIAL: A convoy of Chinese engineers working on a power project at Port Qasim was on its way from Karachi ... Published 09 Oct, 2024 07:11am
Pakistan’s population boom: shaping a future powerhouse The world is on the cusp of experiencing momentous demographic shifts, with Pakistan poised to play a pivotal role ... Published 09 Oct, 2024 07:04am
Privatising PIA: a Herculean task EDITORIAL: Yet another delay appears to be on the cards with respect to the privatisation of Pakistan International... Published 09 Oct, 2024 06:59am
Reversing the business strategy There is reverse production. There is reverse marketing. There is reverse pricing. These are all functional... Published 09 Oct, 2024 06:49am
Letters The looming Iran-Israel war Iran has fallen into a strategic trap for the second time, and only with capabilities comparable to Israel’s... Published 09 Oct, 2024 06:26am
Movies & Music Renowned TV actor Mazhar Ali passes away KARACHI: Renowned Pakistani actor Mazhar Ali passed away on Tuesday in Karachi after a prolonged illness. According... Published 09 Oct, 2024 06:26am
Role of agri engineers underscored in understanding canal irrigation systems HYDERABAD: Dr Fateh Marri, Vice Chancellor of Sindh Agriculture University (SAU), Tandojam, underscored the pivotal... Published 09 Oct, 2024 06:26am
Sherry Rehman elected president of PGA’s Pakistan National Group ISLAMABAD: The Parliamentarians for Global Action (PGA), unanimously, elected Senator Sherry Rehman as president of... Published 09 Oct, 2024 06:26am
Islamabad Non-Proliferation Conference 2024 held ISLAMABAD: The Strategic Vision Institute (SVI), Islamabad, hosted Islamabad Non-Proliferation Conference 2024, a... Published 09 Oct, 2024 06:26am
Seats for women, minorities: NA speaker again writes letter to ECP ISLAMABAD: The National Assembly Secretariat has written a letter to the commissioner Election Commission of ... Published 09 Oct, 2024 06:26am
South Asia IIOJ&K elects first regional government in a decade OCCUPIED SRINAGAR: Indian-Illegally Occupied Kashmir elected Tuesday its first government since the restive ... Published 09 Oct, 2024 06:26am
Trump secretly sent Covid tests to Putin: Bob Woodward book WASHINGTON: Then-president Donald Trump secretly sent Covid test kits to Vladimir Putin despite a US shortage during... Published 09 Oct, 2024 06:26am
KP lawmakers get into brawl after CM’s speech PESHAWAR: The clash had been erupted between the Khyber Pakhtunkhwa government and the opposition following Chief... Published 09 Oct, 2024 06:26am
The Weather KARACHI: The weather report on Tuesday (October 08, 2024) and the forecast for Wednesday (October 09, 2024)... Published 09 Oct, 2024 06:26am
Taxes LHC issues order on ‘enhanced rates of WHT on late filers’ ISLAMABAD: Lahore High Court (LHC) has declared that the enhanced rates of withholding tax on late filers of income... Published 09 Oct, 2024 06:26am
Industry Directives regarding TDAP board member: Senate panel to refer MoC’s defiance matter to body ISLAMABAD: The Senate Standing Committee on Commerce on Tuesday unanimously decided to refer the matter of ... Published 09 Oct, 2024 06:26am
PTM has connection with TTP, Afghan Taliban: govt ISLAMABAD: Federal Minister for Information and Broadcasting Attaullah Tarar, on Tuesday, claimed that the Pashtun... Published 09 Oct, 2024 06:26am
Constitutional court: PPP engages in series of consultations ISLAMABAD: The Pakistan People’s Party (PPP) senior leadership, Tuesday, engaged in a series of consultations to... Published 09 Oct, 2024 06:26am
PARTLY FACETIOUS: ‘I see you are enamoured of the Trenchman’ “I have another proverb for you: jack of all trades and master of none – does it relate to the people of the ... Published 09 Oct, 2024 06:26am
ATC extends physical remand of IK’s sisters ISLAMABAD: The Anti-Terrorism Court (ATC) on Tuesday extended the physical remand of Pakistan Tehreek-e-Insaf (PTI)... Published 09 Oct, 2024 06:26am
Book launching at ISSI: Ex-envoy Jilani for reviving dialogue with India ISLAMABAD: The former caretaker foreign minister and ex-ambassador Jalil Abbas Jilani on Tuesday called for reviving... Published 09 Oct, 2024 06:26am
Toshakhana-II case: Indictment of IK, spouse deferred till 21st ISLAMABAD: A special court on Tuesday again deferred indictment of Pakistan Tehreek-e-Insaf (PTI) founding chairman... Published 09 Oct, 2024 06:26am
UN warns Lebanon could face same ‘spiral of doom’ as Gaza GENEVA: UN humanitarian officials called Tuesday for urgent action to stop the escalating conflict in Lebanon from... Published 09 Oct, 2024 06:26am
13 states, Washington DC sue TikTok over child harm issues NEW YORK/WASHINGTON: TikTok faces new lawsuits filed by 13 US states and the District of Columbia on Tuesday,... Published 09 Oct, 2024 06:26am
Saudi buys chunk of department store group Selfridges LONDON: Saudi Arabia’s sovereign wealth fund said it will buy 40 percent of luxury department-store group... Published 09 Oct, 2024 06:26am
COP29 fight looms over climate funds for developing world PARIS: The developing world needs trillions of dollars in climate aid, but who should pay for it? Wealthy nations?... Published 09 Oct, 2024 06:26am
Cotton & Textile World Cotton Day: Organic cotton termed essential for environment, local livelihoods ISLAMABAD: Organic cotton termed essential for the environment and local livelihoods as cotton was one of the most... Published 09 Oct, 2024 06:26am
Rates PSX extends record-breaking run KARACHI: Record-breaking trend continued as the Pakistan Stock Exchange on Tuesday hit historic highest-ever levels... Published 09 Oct, 2024 06:26am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (October 08, 2024). ==================================== BR... Published 09 Oct, 2024 06:26am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Tuesday (October 08, 2024). ======================================= Offset... Published 09 Oct, 2024 06:26am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (October 08, 2024)... Published 09 Oct, 2024 06:26am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (October 08, 2024).... Published 09 Oct, 2024 06:26am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (October 08, 2024).... Published 09 Oct, 2024 06:26am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Tuesday (October 08, 2024). ======================== Open Bid... Published 09 Oct, 2024 06:26am
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 Oct, 2024 06:26am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Tuesday (October 08, 2024). ========================== KIBOR... Published 09 Oct, 2024 06:26am
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 Oct, 2024 06:26am
Rates LME official prices LONDON: The following were Monday official prices. ========================================= ALUMINIUM... Published 09 Oct, 2024 06:26am
Cotton & Textile Business activity improves on cotton market LAHORE: The local cotton market on Tuesday remained easy and the trading volume remained satisfactory. Cotton... Published 09 Oct, 2024 06:26am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday, (October 08, 2024)... Published 09 Oct, 2024 06:26am
Rates Activities of Karachi Port Trust, Port Qasim KARACHI: The Karachi Port Trust handled 51,308 tonnes of cargo comprising 27,496 tonnes of import cargo and 23,812... Published 09 Oct, 2024 06:26am
Commodities Copper hits two-week low LONDON: Copper prices fell on Tuesday to their lowest in two weeks after top metal consumer China failed to convince... Published 09 Oct, 2024 06:26am
Energy US natgas prices hold near 1-week low NEW YORK: US natural gas futures held near a one-week low on Tuesday as lower output and higher demand forecasts... Published 09 Oct, 2024 06:26am
Stocks Nikkei snaps 3-day winning run on Wall St slump TOKYO: Japan’s Nikkei share average snapped a three-day winning streak to close lower on Tuesday as a stronger yen... Published 09 Oct, 2024 06:26am
Stocks China’s sizzling stocks rally cools as markets wait on stimulus SHANGHAI: China’s stock markets roared back from a week-long break and climbed to their highest levels in more ... Published 09 Oct, 2024 06:26am
Stocks Miners, luxury sector weigh on Europe’s STOXX 600 PARIS: European stocks settled lower on Tuesday, as a lack of fresh details over China’s stimulus measures sparked... Published 09 Oct, 2024 06:26am
Stocks Wall St gains as investors focus on inflation data NEW YORK: Wall Street’s main indexes rose on Tuesday, as investors shifted their attention to the upcoming... Published 09 Oct, 2024 06:26am
Commodities Gold prices lower KARACHI: The local gold prices saw a dip on Tuesday, as the global bullion value receded below $2650 per ounce,... Published 09 Oct, 2024 06:26am
Commodities PMEX daily trading report KARACHI: On Monday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 32.266 billion... Published 09 Oct, 2024 06:26am
Commodities Japanese rubber futures lose ground SINGAPORE: Japanese rubber futures fell on Tuesday, weighed by concerns over a delay in the implementation of a key... Published 09 Oct, 2024 06:26am
Commodities Malaysian palm oil falls on profit-taking JAKARTA: Malaysian palm oil futures fell on Tuesday on profit-taking, while declines in Chicago soyoil and crude oil... Published 09 Oct, 2024 06:26am
Commodities Iron ore rides a roller coaster as China stimulus-driven frenzy fades BEIJING: Prices of iron ore futures rode a roller coaster on Tuesday, as some investors unwound long positions to... Published 09 Oct, 2024 06:26am
Commodities Chicago wheat rises on lower Russian supply SINGAPORE: Chicago wheat edged higher on Tuesday, with prices supported by expectations of lower output in Russia... Published 09 Oct, 2024 06:26am
Taxes FBR urged to extend deadline for filing tax returns ISLAMABAD: Tax advisers have requested the Federal Board of Revenue (FBR) to extend the date for filing of returns ... Published 09 Oct, 2024 06:26am
Companies Jazz to completely phase out 3G services by Nov ISLAMABAD: In a significant move for Pakistan’s digital landscape, Jazz is set to become the first telecom ... Published 09 Oct, 2024 06:26am
Ahsan reveals SMEs’ potential of $40-60bn export in next five years ISLAMABAD: Minister for Planning, Development and Special Initiatives Ahsan Iqbal has said that the small and medium... Published 09 Oct, 2024 06:26am
Companies Thomson Reuters to sell FindLaw business to Internet Brands NEW YORK: Thomson Reuters said on Thursday that it was selling its FindLaw business to Internet Brands. FindLaw... Published 09 Oct, 2024 06:26am
Regulatory retail portfolio: SBP ups limit for banks to Rs300m KARACHI: The State Bank of Pakistan (SBP) has announced an increase in the regulatory retail portfolio limit for... Published 09 Oct, 2024 06:26am
SME sector: SBP revises per party exposure limits KARACHI: Aimed at facilitating the SME sector, the State Bank of Pakistan (SBP) has revised the per party exposure... Published 09 Oct, 2024 06:26am
Money & Banking Most Asia FX struggle on Middle East tensions BENGALURU: Most emerging Asian currencies were subdued and equities traded mixed on Tuesday, as escalating conflict... Published 09 Oct, 2024 06:26am
Money & Banking Dollar steady against major currencies NEW YORK: The dollar held steady near seven-week highs against major currencies on Tuesday as investors assessed the... Published 09 Oct, 2024 06:26am
US trade deficit contracts as exports rise to record high WASHINGTON: The US trade deficit narrowed sharply in August as exports increased to a record high, suggesting that... Published 09 Oct, 2024 06:26am
Companies Engro Fertilizers launches ‘UgAi’ app KARACHI: In a bid to revolutionize the agriculture sector, Engro Fertilizers has launched “UgAi”, the first... Published 09 Oct, 2024 06:26am
Failure to clear power sector receivables: Fearing credit loss, CPPA-G seeks extension of IFRS-9 exemption