US Navy uses drone to refuel plane during flight NEW YORK: The US Navy successfully used a Boeing drone to refuel an airplane during flight, the manufacturer said on... Published 08 Jun, 2021 04:09am
Nuclear weapons spending swelled $1.4bn GENEVA: Even as the pandemic raged and economies around the world were devastated, nuclear-armed countries last year... Published 08 Jun, 2021 04:09am
Tesla scraps plan for ultra-luxe Plaid+ model WASHINGTON: Tesla has abandoned a plan for an ultra-deluxe Plaid+ version of its Model S vehicle, according to... Published 08 Jun, 2021 04:09am
At least 15 dead in India sanitiser factory fire MUMBAI: At least 15 people have died after a blaze swept through a sanitiser factory in the western Indian city of... Published 08 Jun, 2021 04:09am
Saudi Aramco in debut Islamic bond sale RIYADH: Saudi Aramco on Monday began its first dollar-denominated Islamic bond sale, state media said, as the energy... Published 08 Jun, 2021 04:09am
Putin signs law exiting Open Skies security pact MOSCOW: President Vladimir Putin signed legislation Monday formalising Russia’s withdrawal from the Open Skies... Published 08 Jun, 2021 04:09am
Biden invites Ukraine’s president to W House WASHINGTON: President Joe Biden reaffirmed US support Monday for Ukraine’s territorial integrity and invited... Published 08 Jun, 2021 04:09am
Spain opens borders to all vaccinated travellers MALAGA: Spain opened its borders to vaccinated travellers from all over the world on Monday, hoping an influx of... Published 08 Jun, 2021 04:09am
India revises vaccination policy as Delhi, Mumbai eases virus lockdowns NEW DELHI: India’s government will provide free Covid-19 vaccinations for all adults, Prime Minister Narendra Modi... Published 08 Jun, 2021 04:09am
Covid far worse for work than 2008 financial crash: UN GENEVA: The United Nations said Monday that the Covid-19 pandemic’s impact on the world of work was four times... Published 08 Jun, 2021 04:09am
Most food spending supports processing, not farmers: study PARIS: Farmers worldwide receive barely a quarter of what consumers spend at the grocery store, and even less for... Published 08 Jun, 2021 04:09am
Federal budget to be smoothly passed: NA speaker LAHORE: National Assembly (NA) Speaker Asad Qaiser Monday said the federal budget would be successfully and smoothly... Published 08 Jun, 2021 04:09am
‘Embezzlement’ in BISP funds: AC issues arrest warrant for Farzana Raja ISLAMABAD: The Accountability Court Islamabad, on Monday issued nonbailable arrest warrant against former ... Updated 08 Jun, 2021 05:44pm
PM for coordinated efforts to eradicate polio ISLAMABAD: Prime Minister Imran Khan Monday, expressing his satisfaction over polio eradication drive and sharp... Published 08 Jun, 2021 04:09am
Ghotki train accident: PTI govt comes under severe criticism in NA ISLAMABAD: The ruling Pakistan Tehreek-e-Insaf (PTI) came under severe criticism in the National Assembly, on ... Published 08 Jun, 2021 04:09am
Covid-19 expenditure ‘AGP to submit special audit report to president’ ISLAMABAD: The Auditor General of Pakistan (AGP) will submit its special audit report on Covid-19 expenditure to the... Published 08 Jun, 2021 04:09am
Electoral reforms: PML-N declines PTI govt’s invitation ISLAMABAD: The Pakistan Muslim League-Nawaz (PML-N), on Monday, once again rejected the Pakistan Tehreek-e-Insaf... Published 08 Jun, 2021 04:09am
Housing loans: PM launches mobile unit for collection of applications ISLAMABAD: To facilitate the general public in benefiting from the government’s low-cost housing scheme, Prime... Published 08 Jun, 2021 04:09am
Coronavirus positivity ratio drops to 3.02pc ISLAMABAD: The national coronavirus positivity ratio has dropped to 3.02 percent in Pakistan as the country ... Published 08 Jun, 2021 04:09am
Storming of judicial compound: IHC directs lawyers to submit replies ISLAMABAD: The Islamabad High Court (IHC), on Monday, directed the lawyers allegedly involved in storming the... Published 08 Jun, 2021 04:09am
JI chief demands impartial inquiry LAHORE: Expressing grief over the Ghotki train tragedy which took lives of 40 people and made over 100 injured,... Published 08 Jun, 2021 04:09am
Shehbaz demands action against responsible officials LAHORE: Expressing grief and sorrow over the loss of precious lives in a train accident near Daharki, Pakistan ... Published 08 Jun, 2021 04:09am
Daharki trains collision: Railways fails to gather data hours after the accident KARACHI: Over 20 hours passed after deadly Dharki train accident that gulped the lives of over 48 passengers,... Published 08 Jun, 2021 04:09am
Siddiqui’s case delisted again ISLAMABAD: The Supreme Court, on Monday, again delisted the case of former judge of the Islamabad High Court (IHC),... Published 08 Jun, 2021 04:09am
PARTLY FACETIOUS: Bilawal and his dad complement each other “In economics the concept of complement and substitute are very important.” “And that would interest me... Published 08 Jun, 2021 04:09am
IT, telecommunication: All events, ceremonies to be conducted in national language: ministry ISLAMABAD: The Ministry of Information Technology and Telecommunication has notified that all the events and... Published 08 Jun, 2021 04:09am
Housing society in name of PU: LHC summons Raiwind SHO for not registering FIR LAHORE: The Lahore High Court (LHC) on Monday summoned SHO Raiwind for (today) seeking explanation for not... Published 08 Jun, 2021 04:09am
Defence budget: Rs1.33trn to be allocated in FY2021-22 ISLAMABAD: Total defence allocation for next fiscal year (2021-22) would be 17 percent of the total budget and 2.6... Published 08 Jun, 2021 04:09am
Pakistan Customs Service: Wearing of specified uniform to be made mandatory ISLAMABAD: The Federal Board of Revenue (FBR) has decided to make it compulsory for the entire workforce (BS-1 to... Published 08 Jun, 2021 04:09am
Consumers in major cities protesting against power breakdown LAHORE: Consumers in major cities across Pakistan are complaining and protesting against the power breakdown in... Published 08 Jun, 2021 04:09am
Economic progress: Bilawal accuses govt of making false claims KARACHI: Pakistan People’s Party (PPP) chairman Bilawal Bhutto-Zardari on Monday said that Imran Khan’s wanting... Published 08 Jun, 2021 04:09am
‘SBP buoys up economy amid Covid pandemic’ KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian... Published 08 Jun, 2021 04:09am
KCCI video: KATI, FBATI, BQATI and Site Super Highway refute claims KARACHI: President Korangi Association of Trade and Industry (KATI) Saleem-uz-Zaman, President Site Super Highway... Published 08 Jun, 2021 04:09am
Sindh PSDP: Utilization of funds stands at 68pc KARACHI: The utilization of funds stood at 68 percent against the releases in Sindh by the first week of June 2021 ... Published 08 Jun, 2021 04:09am
PANAH runs workshop on taxation, beverages KARACHI: Pakistan National Heart Association (PANAH), National Coordinating Ministry of Nutrition, Ministry of ... Published 08 Jun, 2021 04:09am
Getz Pharma ‘Astola Project’ bags award KARACHI: Getz Pharma Pvt Ltd announced that its new manufacturing facility, named Astola, have been awarded the ... Published 08 Jun, 2021 04:09am
IHHN signs MoU with NIFT for ePay services KARACHI: Indus Hospital & Health Network (IHHN) has entered into an agreement with National Institutional... Published 08 Jun, 2021 04:09am
UBG voices concern over increasing container freight rate KARACHI: President of United Business Group (UBG), Zubair Tufail has expressed concern over increasing container... Published 08 Jun, 2021 04:09am
CM launches anti-polio drive across Sindh KARACHI: Sindh Chief Minister Syed Murad Ali Shah said Pakistan was one of the two polio-endemic countries in the... Published 08 Jun, 2021 04:09am
FAO, agri-dept to carry out awareness drive against FAW LAHORE: The Food & Agriculture Organization (FAO) in collaboration with the Punjab Agriculture Department has... Published 08 Jun, 2021 04:09am
Imran, Boris share views on bilateral ties, Afghan peace ISLAMABAD: Prime Minister Imran Khan Monday held a telephonic conversation with Prime Minister Boris Johnson of the... Published 08 Jun, 2021 04:09am
Division, bifurcation, demographic: Pakistan concerned over further changes by India in IIOJK: FO ISLAMABAD: The Foreign Office said on Monday that Pakistan has noted with “serious concerns” over reports... Published 08 Jun, 2021 04:09am
Five-day anti-polio campaign launched LAHORE: The Lahore administration on Monday launched a five-day polio campaign with the target of administrating... Published 08 Jun, 2021 04:09am
Punjab reports 306 fresh Covid-19 cases, 24 fatalities LAHORE: The positivity rate of coronavirus in the province has significantly declined to 1.42 percent, as out of... Published 08 Jun, 2021 04:09am
Pakistan emerges successful on diplomatic front: governor LAHORE: Punjab Governor Chaudhry Mohammad Sarwar said on Monday that Pakistan has emerged successful on the... Published 08 Jun, 2021 04:09am
NYT report on base: Cabinet may discuss visit of CIA director today ISLAMABAD: The Federal Cabinet which is scheduled to meet on Tuesday (today) with Prime Minister, Imran Khan is... Published 08 Jun, 2021 04:09am
France fines Google 220m euros over online ad dominance PARIS: France’s competition regulator fined Google 220 million euros ($267 million) on Monday after finding it had... Published 08 Jun, 2021 04:09am
Letters India must come clean about IIOJ&K This is apropos a Business Recorder news item “Pakistan ready for talks if given Kashmir roadmap” carried by the... Published 08 Jun, 2021 04:09am
Cure for summertime blues: Europe gears up for tourists European tourism has had its worst time in living memory as coronavirus lockdowns, curfews and hotel and restaurant... Published 08 Jun, 2021 04:09am
We seem to have no understanding of what ails our taxation system — II • Reducing tax collection reliance at import stage INTRODUCTION In my article published in this newspaper on ... Published 08 Jun, 2021 04:09am
Economic targets for 2021-22 The Annual Plan Coordination Com-mittee has set the target for GDP growth of 4.8 percent for 2021-22 and the rate of... Published 08 Jun, 2021 04:09am
‘Govt lacks robust strategy for expanding tax base’ ISLAMABAD: The government lacks a robust strategy for expanding the tax base, which could make the attainment of tax... Published 08 Jun, 2021 04:09am
ASK Grant Challenge: IoBM announces winners KARACHI: Institute of Business Management (IoBM), Karachi recently announced the winners of the Dr Ahmer S Karim... Published 08 Jun, 2021 04:09am
Interfaith harmony meeting: Unity, consensus guarantee lasting peace: minister FAISALABAD: District Interfaith Harmony Committee meeting was held at DC Office which was chaired by Punjab Minister... Published 08 Jun, 2021 04:09am
Eight killed in Chagai cylinder blast QUETTA: At least eight persons were killed and many others sustained injuries on Monday in a cylinder blast ... Published 08 Jun, 2021 04:09am
Pakistan, Canada: Private sector playing role in promoting trade: HC-designate ISLAMABAD: Pakistan’s High Commissioner-designate to Canada Ameer Khurram Rathore on Monday said promotion of ... Published 08 Jun, 2021 04:09am
The Weather KARACHI: The weather report on Monday (June 7, 2021) and the forecast for Tuesday (June 8, 2021).... Published 08 Jun, 2021 04:09am
Rates LME official prices LONDON: The following were Friday official prices.... Published 08 Jun, 2021 04:09am
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 08 Jun, 2021 04:09am
Rates.BR Index KSE-100 Index edges up: BRIndex100 ends flat KARACHI: Pakistan Stock Exchange Monday witnessed a positive trend and closed in green on the back of local... Published 08 Jun, 2021 04:09am
Energy 300 units’ consumption in April ’21: Nepra approves Rs4.4bn refund to Discos’ consumers ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) Monday approved a refund of Rs 4.4 billion @... Published 08 Jun, 2021 04:09am
Energy Pakistan LNG re-issues tender to seek two LNG cargoes SINGAPORE: Pakistan LNG has re-issued a tender and is now seeking two liquefied natural gas (LNG) cargoes for... Published 08 Jun, 2021 04:09am
Energy Rs182.4bn for 92 hydropower and water projects earmarked in PSDP ISLAMABAD: The Federal Government has reportedly earmarked Rs 182.4 billion for 92 hydropower and water projects in... Published 08 Jun, 2021 04:09am
Energy Oil prices dip on profit-taking • US crude touches $70/bbl for first time since October 2018 • Brent hits $72.27, highest since May 2019 •... Published 08 Jun, 2021 04:09am
Cotton & Textile New York cotton NEW YORK: The following were the fluctuations observed during the day:... Published 08 Jun, 2021 04:09am
Cotton & Textile Cotton futures up NEW YORK: ICE cotton futures gained on Monday, hovering below a near four-week peak hit in the previous session,... Published 08 Jun, 2021 04:09am
Energy US natgas futures slip on less hot forecasts, rising output NEW YORK: US natural gas futures slipped on Monday on forecasts for less hot weather and a reduction in the amount ... Published 08 Jun, 2021 04:09am
Energy Asia naphtha crack extends gains to over 2-month high SINGAPORE: Asia’s naphtha crack climbed to a more than two-month high of $106.50 per tonne on Monday, its highest... Published 08 Jun, 2021 04:09am
Commodities Rice importers in Philippines may shift to cheaper Indian grains MANILA: The Philippines, one of the world’s top rice importers, may seek more cargoes from suppliers outside... Published 08 Jun, 2021 04:09am
Rates.Ports Activities of Karachi Port Trust, Port Qasim KARACHI: The Karachi Port Trust handled 189,909 tonnes of cargo comprising 139,594 tonnes of import cargo and 50,315... Published 08 Jun, 2021 04:09am
Energy Asia’s VLSFO slips but improved demand outlook supports SINGAPORE: Asia’s 0.5% very low-sulphur fuel oil (VLSFO) market complex was broadly lower on Monday amid limited... Published 08 Jun, 2021 04:09am
Cotton & Textile Upward trend seen on cotton market KARACHI: The local cotton market remained bullish on Monday. Market Sources told that trading volume remained thin.... Published 08 Jun, 2021 04:09am
Stocks Australian shares ease SYDNEY/WELLINGTON: Australian shares closed slightly lower on Monday, retreating from a record high scaled in early... Published 08 Jun, 2021 04:09am
Stocks Emaar lifts Dubai, Saudi index gains; Egypt declines on banks DUBAI: Dubai’s stock market closed higher on Monday after blue-chip developer Emaar Properties reported strong... Published 08 Jun, 2021 04:09am
Stocks European shares stay at record highs AMSTERDAM/LONDON: European stocks hit record highs on Monday as another run of gains in automakers more than offset... Published 08 Jun, 2021 04:09am
Stocks China stocks mixed SHANGHAI: China’s major stock indexes closed mixed on Monday, as investors reacted to the nation’s latest trade... Published 08 Jun, 2021 04:09am
Stocks Monday’s early trade: Wall Street dips NEW YORK: The S&P 500 eased on Monday, although it remained 0.5% away from its all-time high, as a deal by the... Published 08 Jun, 2021 04:09am
Stocks Japanese shares edge up TOKYO: Japanese shares closed higher on Monday after US jobs data eased concerns over an early tapering from the... Published 08 Jun, 2021 04:09am
Stocks Banks and homebuilders lift FTSE 100 LONDON: London’s FTSE 100 index climbed on Monday, helped by gains in banking and homebuilders, while office space... Published 08 Jun, 2021 04:09am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (June 7, 2021)... Published 08 Jun, 2021 04:09am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Monday (June 7, 2021). ======================================= Offset Paper... Published 08 Jun, 2021 04:09am
Rates.Ports Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (June 7, 2021).... Published 08 Jun, 2021 04:09am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Monday (June 7, 2021). ======================== Bid Rate Rs... Published 08 Jun, 2021 04:09am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (June 7, 2021).... Published 08 Jun, 2021 04:09am
Rates.The Rupee THE RUPEE: Fall against $ KARACHI: On Monday after closing, PKR recorded a fall in value against USD in both interbank and open markets going... Published 08 Jun, 2021 04:09am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Monday (June 7, 2021).... Published 08 Jun, 2021 04:09am
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 08 Jun, 2021 04:09am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Monday (June 7, 2021).... Published 08 Jun, 2021 04:09am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on Monday... Published 08 Jun, 2021 04:09am
Rates.BR Index BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Monday (June 7, 2021). ==================================== BR... Published 08 Jun, 2021 04:09am
Stocks Electronic/credit of dividend warrants/bonus/right share certificates KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates.... Published 08 Jun, 2021 04:09am
Rates.PSX BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 08 Jun, 2021 04:09am
Rates.PSX Dividend/Bonus Announcements KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.... Published 08 Jun, 2021 04:09am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 08 Jun, 2021 04:09am
Rates.PSX Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 08 Jun, 2021 04:09am
Rates.PSX Clearing Schedule for T+2 System KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System.... Published 08 Jun, 2021 04:09am
Rates.EFU EFU TAKAFUL CONSERVATIVE FUND RATES KARACHI: EFU Takaful Conservative Fund Rates on Monday (June 7, 2021). ======================== Offer Price... Published 08 Jun, 2021 04:09am
Rates.EFU EFU TAKAFUL AGGRESSIVE FUND RATES KARACHI: EFU Takaful Aggressive Fund Rates on Monday (June 7, 2021). ======================== Offer Price... Published 08 Jun, 2021 04:09am
Rates.EFU EFU TAKAFUL GROWTH FUND RATES KARACHI: EFU Takaful Growth Fund Rates on Monday (June 7, 2021). ======================== Offer Price 1,366.4543... Published 08 Jun, 2021 04:09am
Rates.EFU EFU AGGRESSIVE FUND RATES KARACHI: EFU Aggressive Fund Rates on Monday (June 7, 2021). ======================== Offer Price 1,597.0860 Bid... Published 08 Jun, 2021 04:09am
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept