News Archives for Latest - 2024-10-15

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Archive - 2024-10-15

JUI-F, PPP reach consensus on constitutional amendment draft: Fazl

JUI-F chief says he will share the proposed draft with PML-N as well

Updated 15 Oct, 2024 11:55pm

US warns Israel that aid could be withheld

WASHINGTON: The United States warned Israel on the possibility of withholding some assistance barring improvements...

Updated 15 Oct, 2024 11:53pm

Stocks

KSE-100 gains nearly 600 points on SCO summit optimism

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index gained nearly 600 points on Tuesday, as investor...

Updated 15 Oct, 2024 11:33pm

Business & Economy

Pakistan, China resolve to deepen strategic cooperation

Pakistan and China on Tuesday reaffirmed their commitment to further deepen strategic cooperation across key areas,...

Updated 15 Oct, 2024 11:32pm

US says India should take Canada plot allegations ‘seriously’

WASHINGTON: The United States called Tuesday on India to take seriously allegations by Canada of an assassination...

Published 15 Oct, 2024 11:25pm

Europe

Ukraine’s Zelenskiy invited to EU summit on Thursday, chairman says

BRUSSELS: Ukrainian President Volodymyr Zelenskiy has been invited to attend a summit of European Union leaders this...

Published 15 Oct, 2024 11:01pm

SCO sidelines: PM Shehbaz holds bilateral meetings with member states

Two-day Shanghai Cooperation Organisation summit to continue till Wednesday

Updated 15 Oct, 2024 10:56pm

South Asia

India says no auction of satellite spectrum after Musk decries move

NEW DELHI: India’s government on Tuesday said it will allot spectrum for satellite broadband administratively and...

Published 15 Oct, 2024 10:37pm

Video

SCO summit 2024: PM Shehbaz hosts dinner for state dignitaries

Meeting of Shanghai Cooperation Organisation, a Eurasian security and political group formed in 2001 by Russia and China, is the highest-profile event hosted by Pakistan in years

Updated 15 Oct, 2024 10:32pm

South Asia

India to buy 31 armed drones from US

NEW DELHI: India signed a deal with the US State Department on Tuesday to buy 31 armed MQ-9B SkyGuardian and...

Published 15 Oct, 2024 09:52pm

Energy

Oil plunges 4% as Iran supply disruption concerns ease, demand outlook weakens

HOUSTON: Oil prices tumbled more than 4% to a near two-week low on Tuesday due to a weaker demand outlook and after...

Updated 15 Oct, 2024 09:30pm

Companies

Pakistan’s SLGL secures transport services deal with Maersk

Secure Logistics Group Limited (SLGL) has entered into an arrangement to provide transport services to Maersk West...

Updated 15 Oct, 2024 09:29pm

Companies

July-September: PTCL sustains Rs6.3bn in losses

Pakistan Telecommunication Company Limited (PTCL) sustained massive losses to the tune of Rs6.3 billion during the...

Updated 15 Oct, 2024 09:19pm

Forex

Rupee registers marginal decline against US dollar

Currency settles at 277.74 against the greenback in inter-bank market

Updated 15 Oct, 2024 09:18pm

Stocks

Most Gulf markets gain ahead of earnings

Most stock markets in the Gulf ended higher on Tuesday as investors shifted focus to third-quarter earnings despite...

Published 15 Oct, 2024 09:17pm

Nissanka powers Sri Lanka to 162 against West Indies in second T20

DAMBULLA: Opener Pathum Nissanka’s half-century helped drive Sri Lanka to a competitive 162-5 on Tuesday in the...

Published 15 Oct, 2024 09:12pm

SCO summit 2024: Pakistan leads the regional unity

Pakistan is hosting the two-day 23rd Shanghai Cooperation Organisation (SCO) Summit starting from Tuesday, October...

Published 15 Oct, 2024 08:43pm

Kamran Ghulam says ‘wait is over’ after century on Pakistan debut

MULTAN: One of a dozen brothers, Kamran Ghulam got used to waiting his turn for a bat as a child. He then had to...

Published 15 Oct, 2024 08:03pm

Stocks

US stocks mixed at open as markets digest earnings

NEW YORK: Wall Street stocks saw a mixed start Tuesday as investors parsed through earnings reports, with two major...

Published 15 Oct, 2024 07:58pm

MENA

Israel kills at least 50 in Gaza, forces encircle northern Jabalia

CAIRO: Israeli military strikes killed at least 50 Palestinians across the Gaza Strip as Israeli forces tightened...

Updated 15 Oct, 2024 07:02pm

Pakistan debutant Kamran Ghulam hits century to defy England in second Test

MULTAN: Kamran Ghulam hit a superb century on his debut to guide Pakistan to 259-5 on the opening day of the second...

Updated 15 Oct, 2024 06:11pm

New Zealand’s Latham leans on experience in Test captaincy debut

BENGALURU: New Zealand captain Tom Latham said his previous experience as stand-in skipper will be crucial when they...

Published 15 Oct, 2024 06:05pm

Bangladesh suspend Hathurusingha as coach after alleged assault

DHAKA: The Bangladesh Cricket Board said Tuesday it had suspended head coach Chandika Hathurusingha for misconduct...

Published 15 Oct, 2024 05:57pm

South Asia

Hardeep Singh Nijjar — The Sikh separatist whose murder sparked India-Canada row

NEW DELHI: Sikh activist Hardeep Singh Nijjar, whose murder in June 2023 near his home in Vancouver sparked a...

Published 15 Oct, 2024 04:52pm

South Asia

Iran condemns EU, UK sanctions on Tehran, denies providing ballistic missiles to Russia

DUBAI: Iran condemned new EU and British sanctions on Tehran and denied providing ballistic missiles to Russia, a...

Published 15 Oct, 2024 05:01pm

Stocks

Indian shares drop as prospect of delayed domestic rate cuts dulls sentiment

Indian shares closed lower on Tuesday, with auto shares leading losses due to expectations of delayed domestic rate...

Published 15 Oct, 2024 04:53pm

Stocks

Sri Lankan shares end flat

CSE All-Share index closed flat at 12,257.69 points

Published 15 Oct, 2024 04:50pm

Commodities

Copper hits three-week low on confusion over China stimulus

LONDON: Copper prices sank to a three-week low on Tuesday, pressured by confusion about the scale of stimulus...

Published 15 Oct, 2024 04:48pm

Commodities

Palm oil extends declines on weaker rivals; export data caps losses

KUALA LUMPUR: Malaysian palm oil futures fell for a second consecutive session on Tuesday, pressured by weakness in...

Published 15 Oct, 2024 04:46pm

India’s foreign minister S. Jaishankar arrives in Islamabad ahead of all-important SCO summit

Published 15 Oct, 2024 04:09pm

Bullion Rate

Gold price per tola decreases Rs700 in Pakistan

After increasing in the previous session, gold prices in Pakistan declined on Tuesday in line with their decrease in...

Published 15 Oct, 2024 04:01pm

Failure to clear power sector receivables: Fearing credit loss, CPPA-G seeks extension of IFRS-9 exemption

ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) has sought three years’ extension in exemption on...

Updated 15 Oct, 2024 03:29pm

Gwadar International Airport virtually inaugurated: Currency swap among 14 accords inked with China

ISLAMABAD: In order to further boost economic growth and productivity in multiple sectors including security,...

Updated 15 Oct, 2024 03:29pm

Tajikistan premier arrives in Islamabad ahead of all-important SCO summit

Published 15 Oct, 2024 03:04pm

Stocks

Major Gulf markets mixed on weak oil, ahead of earnings

Major stock markets in the Gulf were mixed in early trade on Tuesday on weakening oil even as tensions escalated in...

Published 15 Oct, 2024 02:53pm

Kyrgyzstan premier arrives in Islamabad ahead of all-important SCO summit

Published 15 Oct, 2024 02:51pm

To be shared with IMF: MoF asks ministries to submit 17 SOEs’ makeover plans

ISLAMABAD: The Ministry of Finance has sought restructuring/business plans of 17 State Owned Entities (SOEs) from...

Updated 15 Oct, 2024 02:50pm

Sindh launches Hari Card: Bilawal for equal provincial representation, judicial reforms

KARACHI: Bilawal Bhutto Zardari, Chairman of Pakistan Peoples Party (PPP), has called for equal representation for...

Updated 15 Oct, 2024 02:49pm

Economy, trade, environment and socio-cultural linkages: Key decisions to be taken to boost intra-SCO ties

ISLAMABAD: Pakistan is all set to host two-day meeting of the Council of the heads of government of the Shanghai...

Updated 15 Oct, 2024 02:49pm

MENA

Israel will listen to US but make own decisions, Netanyahu’s office says

OCCUPIED JERUSALEM: Israel will listen to the United States but will decide its actions according to its own...

Updated 15 Oct, 2024 02:47pm

Energy

IEA sees oil surplus looming, reassures on Iran supply risk

LONDON: The world oil market is heading for a sizeable surplus in the new year, the International Energy Agency said...

Updated 15 Oct, 2024 02:47pm

Mbappe-PSG salary row faces hearing as France captain cited in ‘rape’ report

PARIS: Kylian Mbappe’s dispute with former club Paris Saint-Germain over claims he is owed 55 million euros ($60m)...

Published 15 Oct, 2024 02:43pm

Belarus premier arrives in Islamabad ahead of all-important SCO summit

Published 15 Oct, 2024 02:40pm

India have ‘fingers crossed’ for Shami return in time for Australia

BENGALURU: India captain Rohit Sharma said Tuesday that fast bowler Mohammed Shami suffered a recent setback on his...

Published 15 Oct, 2024 02:37pm

Stocks

European shares climb to two-week highs; oil stocks slump

European shares scaled a fresh two-week high on Tuesday, while investors monitored the ongoing corporate earnings...

Published 15 Oct, 2024 02:32pm

Stocks

Oil firms, industrial metal miners drag down London’s FTSE 100

Britain’s benchmark index opened lower on Tuesday, dragged down by heavyweight oil stocks and industrial metal...

Published 15 Oct, 2024 02:30pm

Michael Jackson, Hendrix, Oasis items on sale at Propstore music auction

RICKMANSWORTH: From Michael Jackson’s jackets to Noel Gallagher’s guitars, music memorabilia will head to auction...

Published 15 Oct, 2024 01:51pm

Gitex Global 2024 begins as Dubai highlights push to diversify economy

DUBAI: The 44th edition of GITEX GLOBAL 2024 — one of the world’s largest technology and startup events — commenced...

Updated 15 Oct, 2024 01:46pm

Pakistan’s tech sector aims for export boost through GITEX Global in Dubai

DUBAI: Shahid Iqbal, Executive Director of Pakistan-based Premier Cables, had high praise for GITEX Global,...

Updated 15 Oct, 2024 01:45pm

Commodities

China uncertainty, firmer dollar weigh on copper prices

Copper prices fell on Tuesday, pressured by a firmer dollar and uncertainty about top consumer China’s economic...

Published 15 Oct, 2024 01:41pm

Asia

North Korea blows up inter-Korean road, rail lines near border

SEOUL: North Korea blew up sections of inter-Korean roads and rail lines on its side of the heavily fortified border...

Published 15 Oct, 2024 01:38pm

South Asia

Iran’s Quds Force chief Qaani attends general’s funeral

TEHRAN: Iranian commander Esmail Qaani on Tuesday appeared in public after weeks of absence to attend the funeral...

Published 15 Oct, 2024 01:16pm

Kolo Muani double fires France to win in Belgium

BRUSSELS: Randal Kolo Muani of Paris Saint-Germain scored twice as France again won in the absence of Kylian Mbappe...

Published 15 Oct, 2024 12:54pm

Germany into Nations League quarters, France and Italy win

PARIS: Germany secured a place in the UEFA Nations League quarter-finals with a 1-0 win over old rivals the...

Published 15 Oct, 2024 12:52pm

Cuban president leads pro-Palestinian march in Havana

HAVANA: Thousands of Cubans, led by President Miguel Diaz-Canel and other leaders of the communist-run island,...

Published 15 Oct, 2024 12:47pm

Asia

North Korea’s Kim holds security meeting over drone flights

SEOUL: North Korean leader Kim Jong Un convened a top national security meeting to direct a plan of “immediate...

Published 15 Oct, 2024 12:38pm

Stocks

Hong Kong stocks dive more than 3% in afternoon trading

HONG KONG: Hong Kong stocks sank more than three percent in the afternoon session Tuesday, extending a sell-off in...

Published 15 Oct, 2024 12:33pm

NewJeans K-pop star to testify before Seoul lawmakers

SEOUL: A member of chart-topping girl group NewJeans will testify for South Korean lawmakers Tuesday as part of an...

Published 15 Oct, 2024 12:32pm

Commodities

Corn, soy slip further on improved supply outlook, stronger US dollar

CANBERRA: Chicago corn and soybean futures fell for a fourth straight session on Tuesday as massive US harvests...

Published 15 Oct, 2024 12:14pm

Growth across Pacific slows as post-pandemic rebound fades, says World Bank

SYDNEY: Growth across the Pacific Islands is expected to slow to 3.6% this year, down from 5.8% in 2023, as a...

Published 15 Oct, 2024 12:12pm

Forex

Indian rupee to hold near all-time low amid dollar’s climb to over 2-month high

MUMBAI: The Indian rupee is likely to open mostly unchanged on Tuesday, holding near its all-time low, with the...

Published 15 Oct, 2024 12:05pm

Commodities

Palm extends decline on lower crude prices, weak rival oils

KUALA LUMPUR: Malaysian palm oil futures fell on Tuesday, extending losses from the previous session, dragged down...

Published 15 Oct, 2024 12:02pm

South Asia

Canada expels top India diplomats, links them to murder of Sikh leader

NEW DELHI/OTTAWA: Canada expelled six Indian diplomats including the high commissioner on Monday, linking them to...

Published 15 Oct, 2024 11:58am

Bullion Rate

Gold prices flat as investors await fresh impetus

Gold was flat on Tuesday as investors await fresh insights on the Federal Reserve’s stance on US interest rate...

Published 15 Oct, 2024 11:44am

IMF says global public debt to top $100 trillion, growth may accelerate

WASHINGTON: The world’s total public debt is set to exceed $100 trillion this year for the first time, and may grow...

Published 15 Oct, 2024 11:42am

Boca Juniors appoint Gago as head coach

Boca Juniors have appointed Fernando Gago as their new head coach, the club announced on Monday, with the former...

Published 15 Oct, 2024 11:37am

Asia

Petronas’ exploration in South China Sea will continue, Malaysia PM says

KUALA LUMPUR: Malaysia’s Prime Minister Anwar Ibrahim on Tuesday reiterated that state energy firm Petronas will...

Published 15 Oct, 2024 11:33am

Indonesia’s Sept exports up 6.44% y/y, below forecast

JAKARTA: Indonesia’s exports rose 6.44% on a yearly basis in September to $22.08 billion, official data showed on...

Published 15 Oct, 2024 11:31am

Europe

Russia defence minister holds ‘substantive’ talks in China, Russian agencies report

Russian Defence Minister Andrei Belousov said he had held “substantive” talks with China’s central military...

Published 15 Oct, 2024 11:27am

MENA

Israel strikes north Lebanon town, UN expresses concern about peacekeepers

OCCUPIED JERUSALEM/BEIRUT: Israel expanded its targets in its war with Hezbollah in Lebanon on Monday, killing at...

Published 15 Oct, 2024 11:24am

Stocks

China stocks slip as investors wait on fiscal spending

SINGAPORE/SHANGHAI: Chinese stocks eased on Tuesday as the frenzied rally that drove them to multi-year highs a week...

Published 15 Oct, 2024 11:10am

Mutual Funds

India bond yields flat as lower oil prices offset inflation data

MUMBAI: Indian government bond yields were barely changed in early trading on Tuesday after a higher-than-expected...

Published 15 Oct, 2024 11:08am

Commodities

India’s rice stocks rise, new season supplies to bump up inventories

NEW DELHI: India’s October rice stocks piled up to 31.1 million metric tons, the highest for the month in the past...

Published 15 Oct, 2024 11:06am

Forex

Australian, NZ dollars turn lower as yuan skids to one-month trough

SYDNEY: The Australian and New Zealand dollars struggled to make new ground on Tuesday even as Wall Street soared to...

Published 15 Oct, 2024 11:00am

Europe

Russian embassy in Norway says it is reducing consular staff to two

Russia’s embassy in Norway said on Monday it was reducing its consular staff to two in accordance with a demand...

Published 15 Oct, 2024 10:57am

Commodities

Indonesia rice output seen down 2.43% in 2024, statistics bureau says

JAKARTA: Indonesia’s rice output in 2024 is estimated at 30.34 million metric tons, down 2.43% from last year, data...

Published 15 Oct, 2024 10:54am

Stocks

Australia shares touch record high, Ampol top loser on benchmark

Australian shares touched a record high on Tuesday, reflecting broad gains among heavyweight miners on rising iron...

Published 15 Oct, 2024 10:50am

Stocks

Japan’s Nikkei hits 3-month peak on Wall Street gains, weaker yen

TOKYO: Japan’s Nikkei share average rose on Tuesday to a three-month high above the 40,000 level, as Wall Street’s...

Published 15 Oct, 2024 10:47am

Stocks

Most Asian shares track Wall Street higher, oil extends losses

SYDNEY: Asian stocks were mostly higher on Tuesday, supported by a strong Wall Street close and investor optimism...

Published 15 Oct, 2024 10:41am

Stocks

Indian shares set to track Asian peers higher

Indian shares are likely to open higher on Tuesday, tracking a climb in Asian peers, as traders gauged a record...

Published 15 Oct, 2024 10:38am

Forex

Dollar at over two-month high, yen near 150/dlr

SINGAPORE: The US dollar was perched at an over two-month high against major currencies on Tuesday, spurred by...

Published 15 Oct, 2024 10:24am

Forex

China’s yuan weakens to 1-month low on weak data, Fed rate bets

SHANGHAI: China’s yuan slipped to a one-month low against the dollar on Tuesday, breaching a key threshold,...

Published 15 Oct, 2024 10:14am

Ericsson Q3 core profit beats expectations

STOCKHOLM: Swedish telecom equipment maker Ericsson reported on Tuesday a rise in core earnings that beat...

Published 15 Oct, 2024 10:12am

SCO summit: all eyes are now on Islamabad

Meeting to be attended by China, India, Iran, Russia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, Mongolia and Turkmenistan

Updated 15 Oct, 2024 09:29am

Sales tax fraud: Five senior companies’ officials held

ISLAMABAD: The Directorate General of Intelligence & Investigation-Inland Revenue has arrested five senior...

Updated 15 Oct, 2024 09:15am

Processing for change of jurisdiction of taxpayers: FBR implements FTO recommendation to introduce online module

ISLAMABAD: After receiving hundreds of complaints, the Federal Board of Revenue (FBR) has implemented a key...

Updated 15 Oct, 2024 09:14am

Students protest ‘rape’ incident on college premises

LAHORE: Students of a private college staged massive protests both inside and outside their campuses in the city,...

Published 15 Oct, 2024 09:13am

Petroleum levy target: a Rs215 billion cut

The IMF Article IV Report detailing the contours of Pakistan’s latest Extended Financing Facility (EFF) is finally...

Published 15 Oct, 2024 09:12am

Private Cadet College in Hummak: 11 girl students recovered from college hostel

ISLAMABAD: In response to reports of abuse and harassment against the CEO and Commandant of a private Cadet College...

Published 15 Oct, 2024 09:11am

JI rejects ‘constitutional amendments’

KARACHI: Central Chief of Jamaat-e-Islami (JI) Hafiz Naeemur Rehman on Monday rejected the proposed amendments to ...

Published 15 Oct, 2024 09:10am

Cotton outlook: breaking the holding pattern?

The world cotton market has entered a new phase of uncertainty. World cotton prices, which thus far had been on a...

Published 15 Oct, 2024 09:09am

Militant attack on funeral kills 4 policemen

PESHAWAR: Suicide bombers dressed as women in burkas killed four police officers on Monday as they stormed a remote...

Published 15 Oct, 2024 09:08am

Separate counter for journalists set up in Pindi Hospital

RAWALPINDI: A separate counter for journalists has been established in District Headquarters Hospital, Rawalpindi,...

Published 15 Oct, 2024 09:07am

Rates

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 349,003 tonnes of cargo comprising 193,906 tonnes of import cargo and ...

Published 15 Oct, 2024 09:06am

SCO meeting: Arrival of heads of state a welcome event: Maryam

LAHORE: Welcoming all the distinguished participants of Shanghai Cooperation Organisation’s (SCO) Summit, Chief...

Updated 15 Oct, 2024 09:05am

Hala Enterprises Limited

Hala Enterprises Limited (PSX: HAEL) was incorporated in Pakistan as a private limited company and was subsequently...

Published 15 Oct, 2024 09:04am

Post-arrest bail pleas of three PTI leaders dismissed

LAHORE: An anti terrorism court on Monday dismissed post-arrest bail pleas of PTI-Lahore secretary general Awais...

Published 15 Oct, 2024 09:04am

Punjab govt to initiate reforms in crop reporting, floriculture

LAHORE: The Punjab Agriculture Department (PAD) has decided to carry out reforms in its crop reporting, floriculture...

Published 15 Oct, 2024 09:02am

Companies

Abacus honoured at ‘Common-wealth at 75’ celebration in London

LAHORE: Abacus, an internationally renowned professional services company, has been recognised in the prestigious...

Updated 15 Oct, 2024 09:01am

WCLA launches guided tour of Lahore Fort

LAHORE; The Walled City of Lahore Authority (WCLA) has launched a guided tour of the Lahore Fort in which the hidden...

Published 15 Oct, 2024 08:58am

World Anatomy Day marked at FJMU

LAHORE: An exhibition of posters, models, paintings and a seminar was organized by the Department of Anatomy at...

Published 15 Oct, 2024 08:57am

FDA, WASA, PHA, Municipal Corporation directed to solve problems of Faisalabad

FAISALABAD: Chairperson Punjab Chief Minister’s Directorate of Inspection and Monitoring, Evaluation and Feedback...

Published 15 Oct, 2024 08:56am

Fazl says consensus on amendments in sight

TANDO ALLAH YAR: Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman said on Monday that the parties have...

Updated 15 Oct, 2024 08:55am

Companies

TPL Trakker launches exclusive discount for Shell cardholders

KARACHI: TPL Trakker, a leader in vehicle tracking solutions announced collaboration with Shell Pakistan to provide...

Published 15 Oct, 2024 08:54am

Companies

Bahra Electric and Pakistan Cables sign MoU to develop energy sectors

ISLAMABAD: Bahra Electric and Pakistan Cables Limited signed a Memorandum of Understanding (MoU) to strengthen...

Updated 15 Oct, 2024 08:53am

Companies

ABHI partners with People™ to enhance employee financial wellbeing with EWA

KARACHI: ABHI has signed an agreement with People™, to offer earned wage access (EWA) to the clients of People™....

Updated 15 Oct, 2024 08:53am

Companies

Jubilee Life signs MoU with PFN to sponsor three Pakistan Insurtech Summits

KARACHI: Jubilee Life Insurance, Pakistan’s largest private insurer, recently signed on MoU with the Pakistan...

Updated 15 Oct, 2024 08:52am

PPP, MQM reach consensus on moving forward with constitutional amendments

ISLAMABAD: Pakistan People’s Party (PPP) and Muttahida Qaumi Movement (MQM) leaders reached consensus on moving...

Published 15 Oct, 2024 08:51am

Commodities

Iron ore futures climb

SINGAPORE: Iron ore futures climbed on Monday as prospects of further fiscal stimulus from China lifted sentiment in...

Published 15 Oct, 2024 08:48am

Tarar lists successes in foreign policy, economy

ISLAMABAD: The Minister for Information and Broadcasting, Ataullah Tarar, on Monday, highlighted Pakistan’s...

Published 15 Oct, 2024 08:47am

Donations for Gaza, Lebanon: SBP opens ‘PM’s Relief Fund’ account

KARACHI: Following the directives of the federal government, the State Bank of Pakistan has opened “Prime Minister’s...

Updated 15 Oct, 2024 08:46am

Cotton & Textile

Stable trend on cotton market

LAHORE: The local cotton market on Monday remained steady and the trading volume remained satisfactory. Cotton...

Updated 15 Oct, 2024 08:46am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday, (October 14, 2024)...

Updated 15 Oct, 2024 08:45am

Sharjeel for completing Red Line BRT project ahead of schedule

KARACHI Sindh Senior Minister Sharjeel Inam Memon has directed that the Red Line BRT project should be completed...

Updated 15 Oct, 2024 08:45am

Commodities

Japanese rubber futures rebound

SINGAPORE: Japanese rubber futures recovered on Monday, after falling for two straight sessions, buoyed by ...

Updated 15 Oct, 2024 08:44am

Commodities

PMEX daily trading report

KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 30.944 billion...

Updated 15 Oct, 2024 08:44am

Energy

Oil falls 2pc as OPEC cuts oil demand growth view, China concerns

HOUSTON: Oil prices declined about 2% on Monday, wiping out all of last week’s gains, as OPEC’s lowering of its...

Updated 15 Oct, 2024 08:43am

Commodities

Malaysian palm oil erases early gains

KUALA LUMPUR: Malaysian palm oil futures reversed early gains to close lower on Monday, as the contract tracked...

Published 15 Oct, 2024 08:42am

Commodities

Gold edges lower as US dollar rally curbs upside

NEW YORK: Gold prices eased on Monday as broad economic stimulus measures in China, the biggest bullion consumer,...

Updated 15 Oct, 2024 08:42am

‘Judicial dictatorship’ established in country: Punjab PA Speaker

LAHORE: Punjab Assembly Speaker Malik Muhammad Ahmed Khan on Monday said that there is evidence that some respected...

Updated 15 Oct, 2024 08:41am

Commodities

Copper prices hit by lack of detail on China stimulus

LONDON: Copper prices dropped on Monday from the lack of detail on China’s stimulus plans, deflationary pressures...

Updated 15 Oct, 2024 08:41am

Grains

Russian wheat export prices jump

MOSCOW: Russian wheat export prices rose last week in anticipation of lower supply after an increase in the pace of...

Updated 15 Oct, 2024 08:40am

Energy

US natgas prices slip

NEW YORK: US natural gas futures dropped about 3% to two-week lows on Monday on forecasts for milder weather and ...

Updated 15 Oct, 2024 08:40am

Industry

Industrial zones to be facilitated through ‘MIP’: Brig Asad

KARACHI: Administrator Pakistan Economic Zone Development and Management Company (PEZDMC) Brigadier Muhammad Asad,...

Updated 15 Oct, 2024 08:39am

ADB appoints Xiaoqin Fan as new country director for Pakistan

ISLAMABAD: The Asian Development Bank (ADB) Monday appointed Xiaoqin (Emma) Fan as new country director for Pakistan...

Published 15 Oct, 2024 08:38am

BR’s refresher: your morning briefing for the day

Important updates from October 14, 2024

Published 15 Oct, 2024 08:38am

Bano Qabil launches first job portal

KARACHI: Alkhidmat Karachi’s free IT programme for youth, Bano Qabil, has launched its first job portal,...

Updated 15 Oct, 2024 08:35am

Industry

Next phase of CPEC, SCO can be real game-changers: FPCCI

KARACHI: Atif Ikram Sheikh, President FPCCI, has explained that next phase of China – Pakistan Economic Corridor...

Updated 15 Oct, 2024 08:35am

Sindh Home Minister for forming body to probe KPC incident

KARACHI: Sindh Home Minister Ziaul Hasan Lanjar on Monday directed IGP Ghulam Nabi Memon to form a committee to ...

Published 15 Oct, 2024 08:34am

Commodities

Gold prices inch up

KARACHI: The local gold prices inched up on Monday with silver standing firm, traders said. At the week open, gold...

Published 15 Oct, 2024 08:32am

AKUH wins ‘Best Hospital of the Year’ award

KARACHI: The Aga Khan University Hospital (AKUH) has been honoured with the prestigious ‘Best Hospital of the Year...

Updated 15 Oct, 2024 08:31am

Stocks

PSX says 14th auction for GIS on 18th

KARACHI: Pakistan Stock Exchange on Monday announced that the 14th Auction of GoP Ijarah Sukuk (GIS) is planned to ...

Updated 15 Oct, 2024 08:30am

Climate-resilient management of land & resources: Call to empower rural women to play role

HYDERABAD: On the occasion of the International Day of Rural Women, the Hari Welfare Association (HWA) emphasized ...

Published 15 Oct, 2024 08:30am

Taxes

Repeated maladministration to taxpayers: FTO directs FBR to take action against RTO Rawalpindi officers

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to take immediate action...

Updated 15 Oct, 2024 08:28am

Tax year 2024: FBR receives 4.436m income tax returns

ISLAMABAD: The Federal Board of Revenue (FBR) has received 4.436 million income tax returns for tax year 2024 upto...

Updated 15 Oct, 2024 08:27am

Palestinian students arrive to acquire medical and dental education

LAHORE: Twenty-seven more Palestinian students arrived in the country to acquire medical and dental education on...

Updated 15 Oct, 2024 08:26am

‘Dining in the dark’ marks White Cane Safety Day

KARACHI: In a groundbreaking display of solidarity and empathy for the visually impaired community, Khaas Foodz and...

Published 15 Oct, 2024 08:23am

Italian Navy Carrier Strike Group visits Karachi

KARACHI: The Italian Navy Carrier Strike Group comprising Aircraft Carrier ITS CAVOUR and Frigate ITS ALPINO, ...

Published 15 Oct, 2024 08:19am

JPMC, Sports in Pakistan join Pinktober movement

KARACHI: Jinnah Postgraduate Medical Centre (JPMC) has partnered with Sports in Pakistan partnered to join the ...

Published 15 Oct, 2024 08:14am

KATI proposes adoption of ‘Charter of Karachi’

KARACHI: Korangi Association of Trade and Industry (KATI) has proposed the adoption of a “Charter of Karachi”...

Published 15 Oct, 2024 08:13am

Pakistan, England start 2nd Test today

LAHORE: Pakistan and England will feature in the second Test match commencing today at the Multan Cricket Stadium....

Published 15 Oct, 2024 08:10am

Country losing billions due to agri mismanagement—I

Pakistan, an agrarian economy, is currently grappling with an alarming crisis of low crop yields, resulting in the...

Updated 15 Oct, 2024 07:53am

PARTLY FACETIOUS: ‘Adiala is our Guantanamo’

“He is an equal opportunity destroyer.” “Excuse me?” “I am marveling at God-given aptitude to a single...

Updated 15 Oct, 2024 07:21am

Role of ICTs in agribusiness management

Information and communication technologies have revolutionized numerous sectors, and agribusiness is no exception....

Updated 15 Oct, 2024 07:20am

Much ado about a jirga

EDITORIAL: It’s a good sign that the federal and KP (Khyber Pakhtunkhwa) governments found the good sense to hold...

Updated 15 Oct, 2024 07:15am

State vs. citizens

The twists and turns preceding and accompanying the holding of the Pashtun Tahaffuz Movement’s (PTM’s) Jirga in...

Updated 15 Oct, 2024 07:11am

Macroeconomic projections of IMF, WB

There have been two very recent sets of macroeconomic projections for Pakistan. The first is in the IMF Staff Report...