UNESCO offers services of experts on archaeology LAHORE: For better conservation and restoration of heritage sites, the UNESCO has offered the Punjab government... Published 03 Jun, 2021 04:13am
PITB, Motorway Police sign MoU for national data repository LAHORE: To establish national data repository of all driver licenses issued by the federal and provincial licensing... Published 03 Jun, 2021 04:13am
PTI enjoys best working ties with allies: Buzdar LAHORE: The PML-Q is an ally of the PTI-led government and our relations with the allies are stronger than before,... Published 03 Jun, 2021 04:13am
PPP demands 50pc increase in salary of civil servants LAHORE: Parliamentary Leader of Pakistan Peoples Party (PPP) in the Punjab Assembly Syed Hassan Murtaza has demanded... Published 03 Jun, 2021 04:13am
PACRA upgrades highest asset manager rating of NITL to AM1 KARACHI: PACRA has upgraded Asset Manager Rating of National Investment Trust Limited from AM2++ to AM1 after... Published 03 Jun, 2021 04:13am
Burns Road residents provided alternative routes, SHC informed KARACHI: The Sindh High Court (SHC) on Wednesday took up a petition filed against the residents living around the... Published 03 Jun, 2021 04:13am
First Virtual REAP Rice Expo 2021 to be held on 16th KARACHI: First Virtual REAP (Rice Exporters Association of Pakistan) Rice Expo 2021 will be held on 16th June 2021... Published 03 Jun, 2021 04:13am
Fruitful consultations planned for November: Portuguese envoy KARACHI: A webinar on ‘Portugal-Pakistan Relations and Future Aspirations’ was conducted by Karachi Council on... Published 03 Jun, 2021 04:13am
PIA set to start ‘Air Safari’ from 12th KARACHI: Pakistan International Airlines (PIA) is starting “Air Safari” from June 12, 2021. According to... Published 03 Jun, 2021 04:13am
Reference pleas against PIA dismissed KARACHI: Sindh High Court (SHC) has dismissed the reference applications against Pakistan International Airlines... Published 03 Jun, 2021 04:13am
SAU VC proposes farmers’ markets in major cities HYDERABAD: Dr Fateh Marri, Vice Chancellor Sindh Agriculture University (SAU) Tandojam proposed to establish... Published 03 Jun, 2021 04:13am
Four root causes of bad economic condition identified KARACHI: Four (4) U’s of Pakistan - unsustainability, unstabilty, unequitability and uncertainty - are the root... Published 03 Jun, 2021 04:13am
NA body takes suo motu notice of Trust Bill ISLAMABAD: Standing Committee on Religious Affairs and Inter-Faith Harmony took suo motu notice of the Trust Bill,... Published 03 Jun, 2021 04:13am
Government sets target of vaccinating 70m people by end of 2021: NCOC ISLAMABAD: The government has set a target of vaccinating 70 million people by the end of 2021, the National Command... Published 03 Jun, 2021 04:13am
Friday sermon: Ulema to urge people to get vaccinated: president ISLAMABAD: Presid-ent Dr Arif Alvi said that on the coming Jumatul Mubarik (June 4), Ulema in their sermons will... Published 03 Jun, 2021 04:13am
PML-N asks govt to renegotiate terms with IMF ISLAMABAD: The Pakistan Muslim League-Nawaz (PML-N) Wednesday asked Pakistan Tehreek-e-Insaf (PTI) government to... Published 03 Jun, 2021 04:13am
Leaks account for half of major methane sources at largest US oilfield WASHINGTON: Malfunctioning equipment accounts for about half of the biggest sources of potent greenhouse gas methane... Published 03 Jun, 2021 04:13am
Burnt-out ship ‘going down’ off Sri Lanka coast COLOMBO: A burnt-out container ship that has already caused Sri Lanka’s worst maritime environmental disaster was... Published 03 Jun, 2021 04:13am
Huawei launches new mobile operating system in fight for survival SHENZHEN: Chinese tech giant Huawei launched its highly-anticipated homegrown mobile operating system on Wednesday,... Published 03 Jun, 2021 04:13am
US blacklists six Bulgarians over corruption WASHINGTON: The United States blacklisted six Bulgarians including an influential gambling tycoon Wednesday for ... Published 03 Jun, 2021 04:13am
EU agrees on multibillion accession aid package BRUSSELS: EU institutions on Wednesday said they had agreed a 14.16 billion euros ($17.3 billion) 2021-27 accession... Published 03 Jun, 2021 04:13am
Europe Germany blocks incoming Russian flights BERLIN: Germany has blocked flights operated by Russian airlines from arriving in its territory in tit-for-tat ... Published 03 Jun, 2021 04:13am
EU deficit rules to remain suspended in 2022 BRUSSELS: Rules against overspending by EU governments will remain suspended through 2022, leaving more time for... Published 03 Jun, 2021 04:13am
Digital tax dispute: US suspends tariffs on UK, India, European nations WASHINGTON: The US government announced Wednesday it is suspending for six months punitive tariffs on Britain, India... Published 03 Jun, 2021 04:13am
Vaccine hubs in Qatar, Rwanda for Olympic athletes LAUSANNE: Olympic and Paralympic athletes not yet vaccinated against Covid-19 will be able to use special facilities... Published 03 Jun, 2021 04:13am
Covax raises $2.4bn to help combat jabs shortfall GENEVA: The Covax vaccine programme secured another $2.4 billion from donors on Wednesday, but said it was still... Published 03 Jun, 2021 04:13am
Conservation targets: DFN programme to be signed with lenders on Saturday ISLAMABAD: Pakistan will sign Debt-for-Nature (DFN) programme with Germany, Italy, Canada and the United Kingdom on... Published 03 Jun, 2021 04:13am
Mutual Funds Digital Platform: SECP notifies guidelines ISLAMABAD: In continuation with its efforts to promote digitization and broaden investor base in the Non-Banking... Published 03 Jun, 2021 04:13am
Senate committee on commerce: Zeshan Khanzada elected chairman ISLAMABAD: The reconstituted Senate Standing Committee on Commerce has elected Zeeshan Khanzada, representing PTI, ... Published 03 Jun, 2021 04:13am
AGP Ltd to financially support deserving IBA students KARACHI: The Institute of Business Administration (IBA), Karachi and the pharmaceutical manufacturer AGP Limited ... Published 03 Jun, 2021 04:13am
NATIONAL DAY OF ITALY: Why you should visit Italy? TEXT: 1. Every nook and corner is full of History Italy’s history rolls back millennia. As soon as you step on... Published 03 Jun, 2021 04:13am
NATIONAL DAY OF ITALY: Message from Aarij Iqbal President, IDC TEXT: On behalf of Italian Development Committee, I convey my warmest wishes to the people of Italy as they ... Published 03 Jun, 2021 04:13am
NATIONAL DAY OF ITALY: Message from H.E. Danilo Giurdanella Consul General of Italy in Karachi TEXT: It is an honor for me to address readers of Business Recorder on the auspicious occasion of 75th Edition of ... Published 03 Jun, 2021 04:13am
Vaccination of registered industrial workers of Faisalabad: NCOC nominates Hafiz Ihtasham as focal person FAISALABAD: National Command and Operation Centre (NCOC) has nominated Engineer Hafiz Ihtasham Javed, President... Published 03 Jun, 2021 04:13am
Reducing water share of Sindh: PA body notified to present Punjab’s viewpoint LAHORE: The Punjab Assembly on Wednesday notified the informal Committee of the House constituted to present the... Published 03 Jun, 2021 04:13am
Ilma University organises webinar on Blooms taxonomy KARACHI: Ilma University uncovered the curriculum in its contemporary webinar on designing curriculum on Blooms... Published 03 Jun, 2021 04:13am
Punjab reports 45 more corona deaths LAHORE: As many as 45 more coronavirus fatalities were reported in Punjab during the last 24 hours taking the... Published 03 Jun, 2021 04:13am
PM to meet businessmen in Lahore LAHORE: Prime Minister Imran Khan will visit Lahore soon to have interaction with the business community and... Published 03 Jun, 2021 04:13am
Information technology sector: Inconsistent policies creating hurdles: experts ISLAMABAD: Pakistan has great potential to develop information technology sector but inconsistent policies are... Published 03 Jun, 2021 04:13am
Ecosystem restoration in Pakistan: Experts discuss financing arrangements LAHORE: A seminar on ‘Financing arrangements for ecosystem restoration in Pakistan’ was held here at the GC... Published 03 Jun, 2021 04:13am
Allowing Shehbaz to travel abroad: Centre withdraws appeal against LHC order ISLAMABAD: The federal government, on Wednesday, withdrew an appeal against the Lahore High Court (LHC) order... Published 03 Jun, 2021 04:13am
KP, Balochistan areas: Restoration of internet services ordered ISLAMABAD: In light of the improved security situation, the government has directed telecom operators for ... Published 03 Jun, 2021 04:13am
PARTLY FACETIOUS: Nearly 4pc GDP growth no joke “So why in the world doesn’t the opposition put up or shut up? A 3.94 percent growth rate during a pandemic year... Published 03 Jun, 2021 04:13am
Karachi Railways generates Rs1.55bn from freight service in May KARACHI: Pakistan Railways Karachi Division chipped in Rs 1.55 billion from its freight service during the month of... Published 03 Jun, 2021 04:13am
IHC restrains govt from appointing new HEC chairman ISLAMABAD: The Islamabad High Court (IHC), Wednesday, restrained the federal government from appointing a new... Published 03 Jun, 2021 04:13am
Nadra’s internet voting system flawed, lacks int’l standards ISLAMABAD: The internet voting system for overseas Pakistanis developed by National Database and Registration... Published 03 Jun, 2021 04:13am
Govt may fix Rs5,800bn as collection target for 2021-22 ISLAMABAD: The government may fix Rs 5800 billion as revenue collection target for the Federal Board of Revenue ... Published 03 Jun, 2021 04:13am
Pak-EPA fails to implement polythene bags ban ISLAMABAD: Nearly two years after Pakistan Environmental Protection Agency (Pak-EPA) launched its much-hyped drive... Published 03 Jun, 2021 04:13am
Letters ‘Water conflicts’ This is apropos a Business Recorder op-ed “Water conflicts” carried by the newspaper on Tuesday. The writer has... Published 03 Jun, 2021 04:13am
Oil majors vow energy transition – at their own pace Oil majors are under growing pressure to stop drilling for crude to help curb climate change, but companies say they... Published 03 Jun, 2021 04:13am
IMF, World Bank prioritize vaccine access to end pandemic After kicking their massive lending powers into overdrive to help the nations hardest hit by Covid-19 last year, the... Published 03 Jun, 2021 04:13am
Growthmania, again There is an old Sindhi saying to the effect, loosely, that: When God is displeased, he turns the mind, he wields no... Published 03 Jun, 2021 04:13am
Diplomatic Enclave: Residents facing problems due to closure of entry gates ISLAMABAD: Members of the diplomatic community, embassies’ staff, visitors, and people residing in the Diplomatic... Published 03 Jun, 2021 04:13am
REIT management companies appreciate SBP’s decision KARACHI: Real Estate Investment Trusts (REITs) management companies have appreciated amendment in Basel Capital... Published 03 Jun, 2021 04:13am
CDWP approves 12 projects worth Rs30.32bn ISLAMABAD: The Central Development Working Party (CDWP) approved as many as 12 development projects at the cost of... Published 03 Jun, 2021 04:13am
SELD, Noon launch e-learning courses KARACHI: The School Education and Literacy Department (SELD) has launched an initiative in partnership with Noon, ... Published 03 Jun, 2021 04:13am
PC to reconsider valuation of PSM today ISLAMABAD: The Board of Privatisation Commission (PC), which is scheduled to meet on Thursday (June 3), is all set ... Published 03 Jun, 2021 04:13am
Mobilink Microfinance Bank secures OICCI membership KARACHI: Mobilink Microfinance Bank (MMBL) has secured membership of the prestigious Overseas Investors Chamber of... Published 03 Jun, 2021 04:13am
Stocks Major Gulf markets up; Egypt index falls DUBAI: Major Gulf stock markets ended higher on Wednesday, with Saudi Arabia extending gains into a seventh session... Published 03 Jun, 2021 04:13am
Stocks European shares hold near record highs AMSTERDAM/LONDON: European stocks stayed near record levels on Wednesday, helped by energy and consumer stocks, ... Published 03 Jun, 2021 04:13am
Stocks China shares down BEIJING: China shares ended lower on Wednesday, as investors booked profits after a rally in healthcare firms driven... Published 03 Jun, 2021 04:13am
Stocks Wednesday’s early trade: Wall Street’s main indexes rise NEW YORK: Wall Street’s main indexes firmed on early Wednesday ahead of closely watched economic data this week as... Published 03 Jun, 2021 04:13am
Stocks S&P 500 dips, Dow ends higher NEW YORK: The S&P 500 dipped on Tuesday, with declines in healthcare and tech shares countered by energy and... Published 03 Jun, 2021 04:13am
Stocks Turkish lira hits new low ISTANBUL: Turkey’s currency sank to all-time lows on Wednesday after President Tayyip Erdogan said he had urged ... Published 03 Jun, 2021 04:13am
Stocks Australian shares hit record peak, NZ falls SYDNEY/WELLINGTON: Australian shares scaled a record high on Wednesday, as investors lapped up data that showed the... Published 03 Jun, 2021 04:13am
Stocks Energy, bank stocks boost FTSE 100; Bloomsbury jumps LONDON: London’s FTSE 100 index climbed on Wednesday, helped by gains in heavyweight energy and banking stocks,... Published 03 Jun, 2021 04:13am
KPT starts conservation of precious marine life ISLAMABAD: Karachi Port Trust (KPT) has initiated conservation of precious marine life facing serious risk of... Published 03 Jun, 2021 04:13am
Bill moved to declare Punjab and California sister states LAHORE: A bill has been moved in the California Assembly to declare Punjab and California as sister States. The bill... Published 03 Jun, 2021 04:13am
‘Reforms, facilities paved way for investment in mobile networking’ ISLAMABAD: Reforms in the telecommunication sector in Pakistan and the facilities provided to mobile operators have... Published 03 Jun, 2021 04:13am
PDWP approves road sector scheme LAHORE: The Punjab Provincial Development Working Party approved development scheme of road sector with an estimated... Published 03 Jun, 2021 04:13am
Yarn Prices Karachi Yarn Market Rate KARACHI: Karachi Yarn Market Rates on Wednesday (June 2, 2021). ======================================= CONES ... Published 03 Jun, 2021 04:13am
The Weather KARACHI: The weather report on Wednesday (June 2, 2021) and the forecast for Thursday (June 3, 2021).... Published 03 Jun, 2021 04:13am
Rates.The Rupee THE RUPEE: Fall by small margin vs USD KARACHI: On Wednesday, PKR fell by a small margin against USD in interbank market. However in open market it ... Published 03 Jun, 2021 04:13am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Wednesday (June 2, 2021).... Published 03 Jun, 2021 04:13am
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 03 Jun, 2021 04:13am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Wednesday (June 2, 2021).... Published 03 Jun, 2021 04:13am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on... Published 03 Jun, 2021 04:13am
Rates.PSX BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 03 Jun, 2021 04:13am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 03 Jun, 2021 04:13am
Rates.PSX Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 03 Jun, 2021 04:13am
Rates.PSX Clearing Schedule for T+2 System KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System.... Published 03 Jun, 2021 04:13am
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 03 Jun, 2021 04:13am
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 03 Jun, 2021 04:13am
Rates.SBP State Bank of Pakistan conversion rates KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates,... Published 03 Jun, 2021 04:13am
Rates.BR Index KSE-100 Index slips: BRIndex100 sees downtick KARACHI: Pakistan Stock Exchange Wednesday witnessed a mixed trend and after moving both ways, closed on a negative... Published 03 Jun, 2021 04:13am
Cotton & Textile Area under sowing of cotton falls short of target in Punjab LAHORE: Initial surveys of the cotton sowing area by the provincial departments concerned suggest that area under... Published 03 Jun, 2021 04:13am
Energy May POL sales up 14pc YoY KARACHI: Total petroleum and lubricant sales clocked-in at 1.69 million tons in May 2021, depicting an increase of ... Published 03 Jun, 2021 04:13am
Energy Q1 and Q2 of 2020: Lockdowns accounted for POL items’ shortage: Ogra ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) informed the National Assembly Standing Committee on Cabinet... Published 03 Jun, 2021 04:13am
Energy Oil hits over 1-year high on OPEC+ supply discipline, demand prospects NEW YORK: Oil prices surged on Wednesday, hitting the highest in more than a year on lift from a decision by OPEC ... Published 03 Jun, 2021 04:13am
Commodities Copper prices dip LONDON: Copper edged lower on Wednesday as investors took some money off the table over worries about a dip in ... Published 03 Jun, 2021 04:13am
Commodities US midday: Corn futures fall; soyabeans up CHICAGO: Chicago Board of Trade corn futures dropped 2.8% on Wednesday, pressured by a government report that showed... Published 03 Jun, 2021 04:13am
Commodities US midday: Gold edges higher NEW YORK: Gold prices rose on Wednesday, hovering below a near five-month peak hit the previous session, as US... Published 03 Jun, 2021 04:13am
Cotton & Textile New York cotton NEW YORK: The following were the fluctuations observed during the day:... Published 03 Jun, 2021 04:13am
Cotton & Textile Cotton eases off peak NEW YORK: ICE cotton futures eased off a three-week high hit in the previous session on Wednesday, pressured by an... Published 03 Jun, 2021 04:13am
Commodities Arabica coffee steadies after hitting 4-1/2 years high LONDON: Arabica coffee steadied on Wednesday as investors paused for breath after prices hit a 4-1/2-year high in ... Published 03 Jun, 2021 04:13am
Commodities Gold prices dip in Asia SINGAPORE: Gold prices dipped in Asian trade on Wednesday, as elevated Treasury yields and an uptick in risk ... Published 03 Jun, 2021 04:13am
Commodities Gold rises in Europe AMSTERDAM/LONDON: Gold prices rose in European trade on Wednesday, hovering below a near five-month peak hit in the... Published 03 Jun, 2021 04:13am
Commodities Euronext wheat eases PARIS: Euronext wheat reversed from a two-week high to end lower on Wednesday as better-than-expected conditions for... Published 03 Jun, 2021 04:13am
Commodities Palm oil climbs 5pc, hits two-week high KUALA LUMPUR: Malaysian palm oil futures jumped 5% on Wednesday, hitting a two-week high, as dry weather in the US... Published 03 Jun, 2021 04:13am
COAS lauds Qatari assistance in various domains RAWALPINDI: The chairman of Pakistan-Qatar Takaful Insurance Company and member of the ruling family of state of... Published 03 Jun, 2021 04:13am