Ministries, divisions directed to conduct monthly DAC moots ISLAMABAD: The Public Accounts Committee (PAC) of the parliament has directed all the ministries, divisions, and... Updated 01 Apr, 2021 09:08am
PPP’s decision to use BAP’s votes damaged party’s ideology: Khokhar ISLAMABAD: The Pakistan People’s Party (PPP) was left red-faced by no other than its own senator –Mustafa Nawaz... Updated 01 Apr, 2021 09:08am
Railways Karachi loads 21,766 wagons during March KARACHI: Pakistan Railways Karachi has climbed to an unmatched figure of loading 21,766 wagons during the month of... Updated 01 Apr, 2021 09:08am
Covid-19: Experts pledge to close global immunisation gap KARACHI: World-leading experts during the online debate ‘The World Immunisation & Logistics Summit’ on... Updated 01 Apr, 2021 09:08am
Facebook revamps feed, aims for more user control WASHINGTON: Facebook said Wednesday it was revamping its main user feeds to give people more control over what they... Updated 01 Apr, 2021 09:08am
Russia registers ‘world’s first’ Covid vaccine for animals MOSCOW: Russia announced Wednesday it had registered what it said was the world’s first coronavirus vaccine for... Updated 01 Apr, 2021 09:08am
WHO experts give nod to China jabs GENEVA: Two Chinese coronavirus jabs are safe and effective, WHO experts said Wednesday after reviewing partial ... Updated 01 Apr, 2021 09:08am
Malaysia pays Singapore $76m over rail cancellation SINGAPORE: Malaysia has paid Singapore over $76 million compensation following the cancellation of a controversial... Updated 01 Apr, 2021 09:08am
Database reveals secrets of China’s loans to developing nations: study DAKAR: The terms of China’s loan deals with developing countries are unusually secretive and require borrowers to... Updated 01 Apr, 2021 09:08am
US to seize gloves made by Malaysian firm over forced labour KUALA LUMPUR: The United States will seize products made by Malaysia’s Top Glove after concluding the firm uses... Updated 01 Apr, 2021 09:09am
Donors face $10bn aid appeal at Syria conference BRUSSELS: International donors on Tuesday pushed to meet a United Nations call for $10 billion in aid for Syria and... Updated 01 Apr, 2021 09:09am
Gen X emerging from pandemic with firmer grip on America’s wallet WASHINGTON: Crammed between the cultural extremes of the baby boomers and the millennials, members of Generation X... Updated 01 Apr, 2021 09:09am
Reports of abuses by Russian mercenaries in C Africa GENEVA: UN experts expressed concern on Wednesday over reports of “grave human rights abuses” by Russian... Updated 01 Apr, 2021 09:09am
Yemen receives first coronavirus vaccines: UN ADEN: War-torn Yemen received the first shipment of Covid-19 vaccines on Wednesday, the UN children’s agency said,... Updated 01 Apr, 2021 09:09am
Covid was third leading cause of US deaths in 2020 WASHINGTON: Covid-19 was the third leading cause of death in the United States in 2020, according to provisional ... Updated 01 Apr, 2021 09:09am
Outrage in Nigeria over Buhari’s London medical trips LAGOS: Critics of Nigerian President Muhammadu Buhari have caused an outcry after he flew to London for a medical... Updated 01 Apr, 2021 09:09am
US private payrolls post biggest gain in six months; housing market cooling WASHINGTON: US private employers hired the most workers in six months in March as more Americans got vaccinated... Updated 01 Apr, 2021 09:09am
Italy expels Russians after spies ‘caught red-handed’ ROME: Italy expelled two Russian officials on Wednesday after an Italian navy captain was caught red-handed by ... Updated 01 Apr, 2021 09:09am
Iraq PM seeks closer trade ties on Saudi visit RIYADH: Saudi Arabia’s crown prince hosted Iraq’s Prime Minister Mustafa al-Kadhemi in Riyadh on Wednesday, as... Updated 01 Apr, 2021 09:09am
Backlash after report finds UK not ‘institutionally racist’ LONDON: Prejudice persists in Britain but the country is not “institutionally racist”, according to a... Updated 01 Apr, 2021 09:09am
Americans want the government to buy US-made goods, even if they cost more LOS ANGELES/NEW YORK: A year of pandemic-driven shortages of vital safety goods and medicines - not to mention... Updated 01 Apr, 2021 09:09am
Real world study confirms high efficacy of mRNA vaccines WASHINGTON: The Pfizer and Moderna Covid vaccines were shown to be 90 percent effective against coronavirus ... Updated 01 Apr, 2021 09:09am
PipeChina to start operating gas lines SINGAPORE: PipeChina will start operating four major gas pipelines and a liquefied natural gas (LNG) terminal from... Updated 01 Apr, 2021 09:09am
AC unhappy over ‘concessions’ extended to Asif LAHORE: The Accountability court has expressed concern over unnecessary concession being extended by the doctors to... Published 01 Apr, 2021 04:10am
Punjab govt likely to fix ex-mill, retail price of sugar LAHORE: The Punjab government has started deliberations on fixing the ex-mill and retail price of sugar for ... Published 01 Apr, 2021 04:10am
Land worth Rs450bn retrieved: CM vows indiscriminate action against land grabbers LAHORE: Chief Minister Sardar Usman Buzdar has announced to continue indiscriminate action against the land grabbers... Published 01 Apr, 2021 04:10am
Clerks’ issues: Punjab govt forms sub-committee of DRAC LAHORE: To resolve the issues clerks has relating to allowances, the Punjab government has constituted a... Published 01 Apr, 2021 04:10am
Religious scholar injured in gun attack KARACHI: A religious scholar, Mufti Saleemullah got injured in a gun attack near Karachi’s Manghopir road on... Published 01 Apr, 2021 04:10am
In-house change in Punjab: Shehbaz denies having any knowledge LAHORE: Leader of Opposition in National Assembly, Shehbaz Sharif on Tuesday denied having knowledge about any... Published 01 Apr, 2021 04:10am
Tajikistan invited to benefit from Gwadar Port DUSHANBE (Tajiki-stan): Foreign Minister Shah Mehmood Qureshi on Wednesday invited Tajikistan to benefit from... Published 01 Apr, 2021 04:10am
Al-Azizia, Avenfield cases: NAB requests IHC to hear Nawaz’s appeals ISLAMABAD: The National Accountability Bureau (NAB) requested the Islamabad High Court (IHC) to hear former prime... Published 01 Apr, 2021 04:10am
Property & other assets: SECP allows startups to raise capital ISLAMABAD: With the foremost aim to support entrepreneurship and improve business climate for small businesses,... Published 01 Apr, 2021 04:10am
KP govt announces Rs3.8bn interest-free loans for youth PESHAWAR: KP government has announced interest-free loans worth Rs 3.8 billion for the youth of the province, which... Published 01 Apr, 2021 04:10am
PML-N accuses govt of striking a ‘deal’ on Kashmir ISLAMABAD: The Pakistan Muslim League-Nawaz (PML-N) secretary-general, Ahsan Iqbal, has accused the government of... Published 01 Apr, 2021 04:10am
Youth development: Kamyab Jawan Programme will look at all dimensions: minister ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Asad Umar said that Kamyab Jawan... Published 01 Apr, 2021 04:10am
Body on judges’ appointment: Gilani nominates Azam Tarar, Naik ISLAMABAD: In a move seemingly aims to appease the aggrieved Pakistan Muslim League Nawaz (PML-N), newly appointed... Published 01 Apr, 2021 04:10am
Faryal Talpur, Essrani: SHC restores Sindh PA membership SUKKUR: Sindh High Court’s Sukkur Bench on Wednesday restored Assembly membership of Pakistan Peoples Party MPAs... Published 01 Apr, 2021 04:10am
PARTLY FACETIOUS: Hafeez, too, tested positive for Covid-19 “Now that Hafeez Sheikh has departed…” “He is still in the country I reckon – packing.” “May I tell... Published 01 Apr, 2021 04:10am
Bike financing: BankIslami joins hands with Pirani Group KARACHI: BankIslami Pakistan Limited (BIPL) has joined hands with Pirani Group of Companies, manufacturer of Super... Published 01 Apr, 2021 04:10am
Coronavirus positivity rate surges to 12.85pc in Punjab LAHORE: The positivity rate of coronavirus in the province has again moved up from 10.42% to 12.85%, as out of ... Published 01 Apr, 2021 04:10am
No change in Pakistan’s position on Kashmir: FO ISLAMABAD: Foreign Office spokesperson Zahid Hafeez Chaudhri, Wednesday, said that “there is no change whatsoever... Updated 01 Apr, 2021 09:07am
CDWP approves 4 projects worth Rs24bn ISLAMABAD: The Central Development Working Party (CDWP) approved four development projects with a cumulative... Updated 01 Apr, 2021 09:07am
IT & telecom sector: Minister concerned at issuance of tax notices ISLAMABAD: Federal Minister for IT and Telecommunication Syed Amin Ul Haque, on Wednesday, expressed deep concerns... Updated 01 Apr, 2021 09:08am
Bahrain’s Prince Salman phones PM, wishes speedy recovery ISLAMABAD: Prime Minister of Bahrain Prince Salman bin Hamad Al Khalifa Wednesday on a phone call inquired after... Updated 01 Apr, 2021 09:08am
BISP holds first e-Kachehri on PM’s instructions ISLAMABAD: On the instruction of Prime Minister Imran Khan, Benazir Income Support Programme (BISP) organised its... Updated 01 Apr, 2021 09:08am
SNGPL clarifies LAHORE: This is regarding the news item published in the print media relating to forensic audit of loss making state... Updated 01 Apr, 2021 09:08am
SC directs KP govt to rebuild Hindu temple within stipulated time ISLAMABAD: The Supreme Court has directed the Khyber Pakhtunkhwa (KP) government to complete reconstruction of Hindu... Updated 01 Apr, 2021 09:08am
IHC forms bench to hear ‘Aurat March’ case ISLAMABAD: The Islamabad High Court (IHC) on Wednesday formed another bench to hear a petition seeking legal actions... Updated 01 Apr, 2021 09:08am
Tariq Banuri urges PM to withdraw ordinance ISLAMABAD: Former chairman Higher Education Commission (HEC) Tariq Banuri, on Wednesday, demanded of Prime Minister... Updated 01 Apr, 2021 09:08am
Report launched: EU concerned at ‘poor state of freedom of expression’ in Pakistan ISLAMABAD: European Union (EU) on Wednesday expressed concern at the poor state of freedom of expression in Pakistan... Updated 01 Apr, 2021 09:08am
Majyd Aziz elected president of UN-GCNP KARACHI: Majyd Aziz, former President Employers’ Federation of Pakistan, was elected as President of UN Global... Updated 01 Apr, 2021 09:08am
‘Establishment of Health City to be gift for citizens’ KARACHI: Admini-strator Karachi Laeeq Ahmed on Wednesday said that the establishment of Health City on 34 acres of... Updated 01 Apr, 2021 09:08am
Privately imported vaccine: SHC orders govt to fix price in a week KARACHI: The Sindh High Court (SHC) directed the federal government on Wednesday to fix the price of a Covid-19... Updated 01 Apr, 2021 09:08am
Balochistan plans to give 10,000 Qingqi rickshaws to poor QUETTA: The Balochistan government has planned to provide 10,000 Qingqi rickshaws to the poor during the next... Updated 01 Apr, 2021 09:08am
PACRA Analytics signs MoU with ARC Advisory LAHORE: PACRA Analytics (PACRA) signed a Memorandum of Understanding (MoU) with ARC Advisory (Private) Limited (ARC)... Updated 01 Apr, 2021 09:08am
Letters In defence of Dr Hafeez Sheikh — I This is apropos a Business Recorder editorial “Hafeez Sheikh: ignominious exit” carried by the newspaper... Published 01 Apr, 2021 04:10am
Reset to rivalry: China and the West drift further apart It only took one meeting for hopes of a reset in US-China relations under a Biden presidency to evaporate — ... Published 01 Apr, 2021 04:10am
Keeping your employees relevant to their jobs A decision to do something will always take away an opportunity for something else, as the virtue of being... Published 01 Apr, 2021 04:10am
Proposed SBP law under the spotlight To some commentators, the proposed reinforcement of State Bank of Pakistan (SBP) powers appears to be appropriate; ... Published 01 Apr, 2021 04:10am
Motorways and highways: Drone patrolling, body-worn cameras help prevent crimes: Murad ISLAMABAD: Federal Minister for Communications Murad Saeed, on Wednesday, said that launching of drone patrolling,... Published 01 Apr, 2021 04:10am
78 more die of Covid-19 across country ISLAMABAD: Pakistan has reported 4,757 new coronavirus cases and 78 Covid-19 deaths in 24 hours, taking the... Published 01 Apr, 2021 04:10am
PM reiterates resolve for transparent, safe voting process ISLAMABAD: Prime Minister Imran Khan Wednesday said introduction of electronic voting machine was critical for... Published 01 Apr, 2021 04:10am
Sindh govt announces set of new restrictions KARACHI: Sindh government on Wednesday announced a set of new restrictions to halt the spread of the coronavirus ... Published 01 Apr, 2021 04:10am
IA inked with Germany to improve labour, social standards ISLAMABAD: The Ministry of Commerce and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, Germany... Published 01 Apr, 2021 04:10am
Ukrainian envoy meets COAS RAWALPINDI: Ukrai-nian Ambassador to Pakistan Markian Chuchuk Wednesday called on Chief of Army Staff General Qamar... Published 01 Apr, 2021 04:10am
No PR employee will be removed from service: CEO LAHORE: Pakistan Railways Chief Executive Officer Nisar Ahmad Mamon has said that no employee of Pakistan Railways... Published 01 Apr, 2021 04:10am
The Weather KARACHI: The weather report on Wednesday (March 31, 2021) and the forecast for Thursday (April 1, 2021).... Published 01 Apr, 2021 04:10am
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 01 Apr, 2021 04:10am
Rates.BR Index PSX extends gains: BRIndex100 ends flat KARACHI: Pakistan’s launch of Eurobond and raising funds from international market was warmly greeted by investors... Published 01 Apr, 2021 04:10am
Energy 132kV Wapda House Grid Station inaugurated PESHAWAR: A 132 KV Wapda House Grid Station was inaugurated here on Wednesday. The 132 KV Wapda House Grid Station... Published 01 Apr, 2021 04:10am
Energy Ogra slashes price of LPG cylinders ISLAMABAD: In a monthly price review, the Oil and Gas Regulatory Authority (Ogra) has slashed the prices of domestic... Published 01 Apr, 2021 04:10am
Stocks Still down 16pc from its peak: KSE-100 Index up 1.9pc in Q1 2021 KARACHI: The KSE-100 Index registered a 1.9 percent gain in PKR terms and 6.4 percent in USD terms in the first... Published 01 Apr, 2021 04:10am
Energy Pylon’s fall suspends power supply to Landi Kotal PESHAWAR: Forceful windstorm collapsed 132 KV line power supply tower that fell down in Bagyari area of sub-division... Published 01 Apr, 2021 04:10am
Energy SSGC levies PUG charges in accordance with Gas Supply Contract with domestic customers KARACHI: SSGC reiterates that it has never been in a practice of over-billing its esteemed customers, as it raises... Published 01 Apr, 2021 04:10am
Commodities VLSFO crack pulls back from 3-month low, Fujairah inventories rebound SINGAPORE: Asia’s 0.5% very low-sulphur fuel oil (VLSFO) crack against Dubai crude rebounded from a near... Published 01 Apr, 2021 04:10am
Commodities PMEX daily trading report KARACHI: On Tuesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 11.174... Published 01 Apr, 2021 04:10am
Commodities EU wheat hits 2021 low as Algeria tender fails to boost sentiment PARIS: Euronext wheat extended losses on Tuesday to their lowest this year, as news of a tender by Algeria failed to... Published 01 Apr, 2021 04:10am
Commodities Chinese shipping giant COSCO holds stake in Bank of Kunlun BEIJING: Chinese state-run shipping giant COSCO Shipping Development Co said on Tuesday that it holds a 3.74% stake... Published 01 Apr, 2021 04:10am
Energy Asia gasoline crack extends gains on refinery outages SINGAPORE: Asia’s gasoline crack extended gains on Wednesday, climbing to a more than one-year high amid refinery... Published 01 Apr, 2021 04:10am
Energy China low-sulphur fuel oil contract used as benchmark in foreign trade for first time SHANGHAI: China’s Shanghai Futures Exchange said on Wednesday that its low-sulphur fuel oil futures contract had... Published 01 Apr, 2021 04:10am
Rates.Ports Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port handled 182,880 tonnes of cargo comprising 130,098 tonnes of import cargo and 52,782 ... Published 01 Apr, 2021 04:10am
Commodities South Korean mills buy some 80,000 tonnes of wheat from US HAMBURG”: A group of South Korean flour mills bought some 80,000 tonnes of milling wheat to be sourced from the... Published 01 Apr, 2021 04:10am
Cotton & Textile Cotton Spot Rates KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (March 31, 2021).... Published 01 Apr, 2021 04:10am
Cotton & Textile Local cotton market remains sluggish KARACHI: The local cotton market remained sluggish on Wednesday. Market sources told that trading volume remained... Published 01 Apr, 2021 04:10am
Stocks Saudi shares outperform on $1.3trln private investment push DUBAI: Saudi Arabia’s stock market rose sharply on Wednesday, after the country announced a huge investment push... Published 01 Apr, 2021 04:10am
Stocks AEX index hits all-time high AMSTERDAM: Amsterdam’s blue chip AEX index hit an all-time high of 703.29 on Wednesday, surpassing its September... Published 01 Apr, 2021 04:10am
Stocks European stocks flat ROTTERDAM/LONDON: European stocks were flat on Wednesday as a 30% slump for delivery company Deliveroo in its London... Published 01 Apr, 2021 04:10am
Stocks China stocks down BEIJING/SHANGHAI: China stocks ended lower on Wednesday, led by losses in material and property shares, as investors... Published 01 Apr, 2021 04:10am
Stocks Wednesday’s early trade: S&P hits record high NEW YORK: Technology shares helped the S&P 500 rise to a record high on Wednesday, as investors awaited details... Published 01 Apr, 2021 04:10am
Stocks Wall Street dips NEW YORK: US stocks ended down slightly on Tuesday, with investors selling tech-related growth shares after US... Published 01 Apr, 2021 04:10am
Stocks Indian shares fall BENGALURU: Indian shares closed lower on Wednesday as the country’s largest private lender HDFC Bank dropped after... Published 01 Apr, 2021 04:10am
Stocks FTSE down; Deliveroo slumps in debut LONDON: London’s FTSE 100 fell on Wednesday, as firmer Treasury yields weighed on several sectors, while food... Published 01 Apr, 2021 04:10am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (March 31, 2021)... Published 01 Apr, 2021 04:10am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Wednesday (March 31, 2021). ======================================= Offset... Published 01 Apr, 2021 04:10am
Rates.Ports Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (March 31, 2021).... Published 01 Apr, 2021 04:10am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Wednesday (March 31, 2021). ======================== Bid Rate... Published 01 Apr, 2021 04:10am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (March 31, 2021).... Published 01 Apr, 2021 04:10am
Rates.The Rupee THE RUPEE: Ascending trend stays KARACHI: On Wednesday, PKR continued its gains against USD in both interbank and open markets. PKR also went up... Published 01 Apr, 2021 04:10am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Wednesday (March 31, 2021).... Published 01 Apr, 2021 04:10am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on... Published 01 Apr, 2021 04:10am