New LB system: Direct elections to be held at all tiers: minister LAHORE: Direct elections will be held at all tiers in the new local bodies system whether it is village and... Updated 18 Feb, 2021 09:32am
Verdict reserved in plea seeking rejection of Gilani’s nomination papers ISLAMABAD: The returning officer (RO) on Wednesday reserved the verdict in response to a plea filed by the Pakistan... Updated 18 Feb, 2021 09:32am
Minister inaugurates tree plantation campaign KARACHI: Sindh Minister for Local Government and Forest, Syed Nasir Hussain Shah, on Wednesday inaugurated tree... Updated 18 Feb, 2021 09:33am
Pakistan Islands Development Authority: SHC disposes of petitions KARACHI: The Sindh High Court (SHC) on Wednesday disposed of petitions regarding presidential ordinance on Pakistan... Updated 18 Feb, 2021 09:32am
No room for ethnic politics: PSP KARACHI: Pak-Sarzameen Party chairman Syed Mustafa Kamal on Wednesday said that the PSP would hold a grand public... Updated 18 Feb, 2021 09:32am
ATC approves two-day physical remand of Haleem Adil KARACHI: An anti-terrorism court (ATC) in Karachi has on Wednesday approved two-day physical remand of Leader of the... Updated 18 Feb, 2021 09:32am
Bid to smuggle high quality heroin foiled KARACHI: The staff of Drug Enforcement Cell (DEC) of Model Customs Collectorate (MCC), Airport on Wednesday foiled ... Updated 18 Feb, 2021 09:32am
President for digitalisation of Quaid’s rare manuscripts KARACHI: President Arif Alvi during his visit to the Quaid-e-Azam Academy here on Wednesday sought digitalization of... Updated 18 Feb, 2021 09:32am
PS-88 by-election: Code of conduct was violated: Murad KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that in Sanghar by-election no display of arms had taken... Updated 18 Feb, 2021 09:32am
Russian fighters intercept French jets MOSCOW: Russia scrambled Su-27 fighter jets to intercept three French military planes on Wednesday as they ... Published 18 Feb, 2021 04:08am
World’s oldest DNA sequenced from million-year-old mammoths PARIS: Teeth from mammoths buried in the Siberian permafrost for more than a million years have yielded the ... Published 18 Feb, 2021 04:08am
UN urges global Covid vaccine plan, warns of dangerous inequity UNITED NATIONS: The United Nations on Wednesday led calls for a coordinated global effort to vaccinate against... Published 18 Feb, 2021 04:08am
Hedge fund strikes deal for Tribune Publishing newspaper group WASHINGTON: A hedge fund has struck a deal to acquire the publisher of the Chicago Tribune, New York Daily News and... Published 18 Feb, 2021 04:08am
Gunmen kidnap dozens from school in central Nigeria KANO: Gunmen from a suspected criminal gang stormed a school in central Nigeria, killing one student and kidnapping... Published 18 Feb, 2021 04:08am
Estonian spies warn China wants ‘silenced world’ TALLINN: Estonia’s foreign intelligence service on Wednesday warned against China’s growing influence, saying it... Published 18 Feb, 2021 04:08am
Boeing 737 MAX back in European skies PARIS: The Boeing 737 MAX made its first commercial flight in Europe on Wednesday since being grounded for 22 months... Published 18 Feb, 2021 04:08am
Three injured in blast at Lidl’s German headquarters FRANKFURT AM MAIN: Three people were hurt Wednesday in a blast at the German headquarters of discount supermarket... Published 18 Feb, 2021 04:08am
Trump casino demolished in Atlantic City NEW YORK: The former jewel in the crown of Donald Trump’s bankrupted Atlantic City casino empire was demolished... Published 18 Feb, 2021 04:08am
Myanmar protesters stage biggest rallies since troop deployments YANGON: Myanmar’s anti-coup protesters returned to the streets in force on Wednesday, staging the biggest... Published 18 Feb, 2021 04:08am
Rihanna sparks new India outrage with topless Hindu god photo NEW DELHI: Pop icon Rihanna has been accused of mocking a Hindu god after she was pictured topless with a pendant of... Published 18 Feb, 2021 04:08am
Leading cricket commentators to be in action in PSL-2021 LAHORE: Some of the most popular cricket commentators will be commentating at the HBL-Pakistan Super League (PSL)... Published 18 Feb, 2021 04:08am
Harmonization of ST between federation, provinces becomes distant dream LAHORE: Harmonization of sales tax between the federation and provinces has become a distant dream as the provincial... Updated 18 Feb, 2021 09:33am
All veterinary hospitals to be upgraded LAHORE: The Livestock and Dairy Development Department (L&DDD) Punjab has decided to upgrade all its veterinary... Updated 18 Feb, 2021 09:32am
Revival of KCR: Railways chairman visits Chinna Creek Bridge, Heritage Park KARACHI: Chairman Pakistan Railways Habib ur Rehman Gillani has called for the stern implementation of directives... Updated 18 Feb, 2021 09:32am
Russian magnate breaks wealth record despite pollution fine MOSCOW: Russia’s richest man Vladimir Potanin has set a new wealth record despite his mining giant Norilsk Nickel... Updated 18 Feb, 2021 09:32am
TPL Insurance collaborates with Let’s Compare KARACHI: TPL Insurance, Pakistan’s first direct insurance Company, has entered into a strategic partnership with... Updated 18 Feb, 2021 09:33am
Special team set up to inquire into student’s gang-rape case KARACHI: Deputy Inspector General (DIG) East on Wednesday formed a special team to hold a thorough investigation ... Updated 18 Feb, 2021 09:32am
New varieties of wheat: Research work on expansion continues: SAU VC HYDERABAD: Under the supervision of experts of Sindh Agriculture University, Tandojam, research work on expansion ... Updated 18 Feb, 2021 09:32am
Byco partners with Sehat Kahani KARACHI: Pakistan’s premier energy company, Byco Petroleum Pakistan Limited, signed an MoU with Sehat Kahani to... Updated 18 Feb, 2021 09:33am
FFL partners with Multan Sultans for PSL LAHORE: Fatima Fertilizer Company Limited (FFL) has partnered up with Multan Sultans for the sixth edition of... Published 18 Feb, 2021 04:08am
PSL: Motiwala expresses dissatisfaction over traffic jam KARACHI: Chairman Businessmen Group (BMG) and former president of Karachi Chamber of Commerce & Industry (KCCI),... Updated 18 Feb, 2021 09:34am
Miyawaki forest at Shakarparian hills launched PM terms forestation a life-saver for future of Pakistan ISLAMABAD: Prime Minister Imran Khan on Wednesday terming... Updated 18 Feb, 2021 09:34am
Maryam for addressing issue of missing persons’ families ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) Vice-President Maryam Nawaz Wednesday urged Prime Minister Imran... Updated 18 Feb, 2021 09:32am
Three terrorists killed by security forces in N Waziristan RAWALPINDI: Three terrorists were killed in an intelligence based operation by security forces in Mirali area of... Updated 18 Feb, 2021 09:32am
Park Lane, mega money laundering cases: AC adjourns hearing due to lawyers’ protest ISLAMABAD: The Accountability Court Islamabad on Wednesday adjourned hearing of Park Lane case and mega money... Updated 18 Feb, 2021 09:34am
Covid-19 vaccine: Frontline health workers urged to register themselves ISLAMABAD: National Command and Operation Centre (NCOC) Chairman Asad Umar has urged all the frontline health ... Updated 18 Feb, 2021 09:31am
Punjab reports 504 fresh Covid-19 cases, 30 deaths LAHORE: Out of 10,775 corona tests conducted across the province during the last 24 hours, 504 fresh Covid-19 cases... Updated 18 Feb, 2021 09:32am
Dual-nationality case: Faisal Vawda can be disqualified even after he steps down as MNA ISLAMABAD: Federal Minister for Water Resources Faisal Vawda could be in ‘deep trouble’ if Islamabad High Court... Updated 18 Feb, 2021 09:34am
NA body for revamping agriculture lending system ISLAMABAD: The National Assembly Special Committee on Agriculture has recommended the government and other... Updated 18 Feb, 2021 09:34am
PARTLY FACETIOUS: Why Maryam preferring long march to no-confidence motion? “Why do you think Maryam Nawaz is so fixated on the long march over a vote of no confidence?” “And daddy.”... Published 18 Feb, 2021 04:08am
NA body adopts amendments in PPRA (Amendment) Bill, 2020 ISLAMABAD: The National Assembly Standing Committee on Cabinet Secretariat on Wednesday adopted the amendments in ... Updated 18 Feb, 2021 09:32am
Deputationist teachers from Islamabad to provinces: IHC suspends FDE’s order of repatriation ISLAMABAD: The Islamabad High Court (IHC) on Wednesday suspended the Federal Directorate of Education (FDE)’s ... Updated 18 Feb, 2021 09:32am
Missing persons: All resources to be utilised for recovery: Rashid ISLAMABAD: The Interior Minister Sheikh Rashid on Wednesday assured relatives of missing persons that all the... Updated 18 Feb, 2021 09:34am
Reduction in fee of passport for 10 years notified ISLAMABAD: The Directorate of Passport and Immigration on Wednesday notified reduction in fee of passport for... Updated 18 Feb, 2021 09:31am
COAS appreciates thorough professionalism of PAF KARACHI: General Qamar Javed Bajwa, Chief of Army Staff (COAS) visited PAF Air War College Institute at Karachi on... Updated 18 Feb, 2021 09:32am
Gujrat Police funds embezzlement: NAB recovers Rs27.2m thru plea bargain LAHORE: The National Accountability Bureau (NAB) Lahore, in its ongoing investigation against alleged embezzlements... Updated 18 Feb, 2021 09:34am
Miftah terms PTI’s economic performance a ‘total disaster’ ISLAMABAD: The Pakistan Muslim League-Nawaz (PML-N) central leader and former finance minister, Miftah Ismail, on... Updated 18 Feb, 2021 09:34am
Political solution to Afghan issue imperative: NA speaker ISLAMABAD: National Assembly Speaker Asad Qaiser has said that a political solution to Afghan issue was imperative... Updated 18 Feb, 2021 09:32am
Instructions to regulated entities: SECP extends time period up to April 30 ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has extended time period up to April 30, 2021... Published 18 Feb, 2021 04:08am
Rates.Ports Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port handled 139,724 tonnes of cargo comprising 116,955 tonnes of import cargo and 22,769 ... Published 18 Feb, 2021 04:08am
Letters ‘Anti-corruption mantra, anyone’ This is apropos a Business Recorder op-ed “Anti-corruption mantra, anyone?” carried by the newspaper on Tuesday.... Published 18 Feb, 2021 04:08am
Unpaid debt ravages profits at Europe’s big banks Unpaid debt from pandemic-stricken borrowers has ravaged profits at Europe’s big banks and kick-started a debate... Published 18 Feb, 2021 04:08am
Trade unions losing steam A workers’ union is an integral part of an industrial or commercial unit’s working environment. The workers have... Published 18 Feb, 2021 04:08am
Informal banking: economic coercion Pakistan is a country of contradictions. When we count the population for the purposes of allocation of seats in the... Published 18 Feb, 2021 04:08am
Thar coal mine: Villagers demanding compensation for forced acquisition of land ISLAMKOT: Although Tharparkar, one of the most underdeveloped and drought-prone districts, starts lighting up the... Updated 18 Feb, 2021 09:34am
CM Punjab expressed sorrow over road accident near Khushab LAHORE: Punjab Chief Minister Sardar Usman Buzdar has expressed a deep sense of sorrow over the loss of precious... Updated 18 Feb, 2021 09:34am
Stocks Major Gulf markets mixed DUBAI: Major Gulf stocks were mixed early on Wednesday in the absence of fresh factors to trade on, with Saudi index... Published 18 Feb, 2021 04:08am
Stocks European share retreat MILAN/FRANKFURT: European shares retreated from near one-year highs on Wednesday as concerns about a possible rise ... Published 18 Feb, 2021 04:08am
Stocks Wednesday’s early trade: Nasdaq falls as big tech slides NEW YORK: The Nasdaq fell on Wednesday led by a slide in big technology firms as investors rotated out of growth... Published 18 Feb, 2021 04:08am
Stocks Dow posts record closing peak NEW YORK: The Dow Jones Industrial Average notched a record closing high on Tuesday as cyclical sectors gained on ... Published 18 Feb, 2021 04:08am
Stocks Japan shares slip TOKYO: Japanese shares fell on Wednesday as investors booked profits after a recent rally drove them to a 30-year... Published 18 Feb, 2021 04:08am
Stocks British shares fall LONDON: British shares fell on Wednesday as inflation picked up by a little more than expected in January, while... Published 18 Feb, 2021 04:08am
PITB, P@SHA sign MoU LAHORE: In order to promote collaboration between public-private sectors and explore avenues of potential growth for... Updated 18 Feb, 2021 09:32am
BOP signs MoU with PCRCL LAHORE: Non-performing assets of the banking industry have persistently shown a rising trend over the last several... Updated 18 Feb, 2021 09:34am
New Gwadar International Airport: Panel expresses dissatisfaction over snail’s pace in progress ISLAMABAD: Parliamentary Committee on China-Pakistan Economic Corridor (CPEC) expressed dissatisfaction over the... Updated 18 Feb, 2021 09:34am
The Weather KARACHI: The weather report on Wednesday (February 17, 2021) and the forecast for Thursday (February 18, 2021).... Updated 18 Feb, 2021 09:31am
Rates.LME LME official prices LONDON: The following were Wednesday official prices.... Published 18 Feb, 2021 04:08am
Rates.Ports Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (February 17, 2021).... Published 18 Feb, 2021 04:08am
Rates.The Rupee THE RUPEE: Gains against USD KARACHI: On Wednesday after market close, PKR went up against USD in both interbank and open markets. It also went ... Published 18 Feb, 2021 04:08am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Wednesday (February 17, 2021).... Published 18 Feb, 2021 04:08am
Rates Cross Transactions between Client to Client & Financial Institutions KARACHI: The following were the cross transactions between client to client & financial institutions here on... Published 18 Feb, 2021 04:08am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Wednesday (February 17, 2021).... Published 18 Feb, 2021 04:08am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on... Published 18 Feb, 2021 04:08am
Rates.PSX BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 18 Feb, 2021 04:08am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 18 Feb, 2021 04:08am
Rates.PSX Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 18 Feb, 2021 04:08am
Rates.PSX Clearing Schedule for T+2 System KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System ... Published 18 Feb, 2021 04:08am
Stocks Dates of Closure of Books & Annual General Meetings KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ... Published 18 Feb, 2021 04:08am
Rates.LIBOR LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Wednesday (February 17, 2021).... Published 18 Feb, 2021 04:08am
Rates.SBP Bill buying rates per unit of currency KARACHI: Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank ... Published 18 Feb, 2021 04:08am
Rates.LIBOR LIBOR calculating interest on US dollar KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (February 17,... Published 18 Feb, 2021 04:08am
Rates.SBP State Bank of Pakistan conversion rates KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates,... Published 18 Feb, 2021 04:08am
Rates.BR Index PSX on negative note: BRIndex100 plummets KARACHI: Pakistan Stock Exchange on Wednesday closed on negative note due to selling in various sectors as the... Published 18 Feb, 2021 04:08am
Energy Czech oil & gas firms show interest in LNG business: Omar ISLAMABAD: Federal Minister for Energy Omar Ayub Khan was informed on Wednesday that some Czech oil and gas ... Published 18 Feb, 2021 04:08am
Commodities Gold prices fall KARACHI: Gold prices on Wednesday saw another fall on the local market, traders said on Wednesday. After a decline... Published 18 Feb, 2021 04:08am
USA US conservative radio host Rush Limbaugh dies WASHINGTON: Rush Limbaugh, the US conservative radio host who spent more than four decades on the air, has died at... Published 18 Feb, 2021 04:08am
Commodities PMEX daily trading report KARACHI: On Tuesday, at PMEX the traded value of metals, energy, COTS/FX and indices was recorded at PKR 10.346... Published 18 Feb, 2021 04:08am
Commodities CBOT corn futures up CHICAGO: Chicago Board of Trade corn futures closed higher on Tuesday, following strength in wheat futures tied to... Published 18 Feb, 2021 04:08am
Energy European gasoline margins rise LONDON: Benchmark northwest European gasoline margins rose further on Tuesday to about $2.8 a barrel, buoyed by... Published 18 Feb, 2021 04:08am
Commodities CBOT soyabean futures higher CHICAGO: Chicago Board of Trade soyabean futures closed higher on Tuesday, lifted by bullish US crushing data,... Published 18 Feb, 2021 04:08am
Commodities Canadian canola futures rise WINNIPEG: ICE Canadian canola futures gained ground on Tuesday, lifted by surging soyaoil prices, and approached... Published 18 Feb, 2021 04:08am
Grains Euronext wheat extends gains on US cold blast PARIS: Euronext wheat extended a rally on Tuesday to a new two-week peak, supported again by the risk of frost ... Published 18 Feb, 2021 04:08am
Energy Asia’s gasoline and naphtha crack rises SINGAPORE: Asia’s gasoline and naphtha cracks both strengthened on Tuesday. The gasoline crack rose for a second... Published 18 Feb, 2021 04:08am
Cotton & Textile Cotton Spot Rates KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (February 17, 2021).... Published 18 Feb, 2021 04:08am
Cotton & Textile Business activity remains firm on cotton market KARACHI: The local cotton market remained stable on Wednesday. Market sources told that trading volume was... Published 18 Feb, 2021 04:08am
Energy Oil climbs as Texas freeze prompts US production drop NEW YORK: Oil climbed more than 1% on Wednesday as frigid Texas temperatures curtailed production in the largest US... Published 18 Feb, 2021 04:08am
Cotton & Textile New York cotton NEW YORK: The following were the fluctuations observed during the day:... Published 18 Feb, 2021 04:08am
Commodities Raw sugar hits highest in nearly 4 years LONDON: Raw sugar futures on ICE hit their highest in nearly four years on Wednesday, buoyed by optimism in the ... Published 18 Feb, 2021 04:08am
Commodities Copper prices slip LONDON: Copper prices eased on Wednesday as the higher dollar prompted profit-taking, but low inventories and... Published 18 Feb, 2021 04:08am
Energy Kuwait plans to shorten oil supply deals for some Asian buyers NEW DELHI: Oil producer Kuwait Petroleum Corp (KPC) is in talks to shorten its annual supply deals with some... Published 18 Feb, 2021 04:08am