Growth-focused budget: IMF acquiescence, not consent? • Rs8.49trn FY22 outlay is based on 4.8pc growth target and increased spending on public sector development • ... Published 12 Jun, 2021 06:04am
Budgets KP business community terms Budget FY22 balanced PESHAWAR: Business community here on Friday termed the federal budget for fiscal year 2021-22, as a 'balanced',... Updated 12 Jun, 2021 05:36am
The Weather KARACHI: The weather report on Friday (June 11, 2021) and the forecast for Saturday (June 12, 2021).... Published 12 Jun, 2021 05:04am
Rover leaves 'China's imprint' on Mars BEIJING: Solar panel "wings" spread out and two camera "eyes" pointing ahead, China's Mars rover Zhurong struck a... Published 12 Jun, 2021 05:04am
Two killed, including child, in Florida shooting MIAMI: Two people including a child were shot dead in a grocery store in Florida on Thursday, the latest in a series... Published 12 Jun, 2021 05:04am
G7 leaders convene summit drive for billion jabs CARBIS BAY, (United Kingdom): G7 leaders Friday opened their first in-person talks in nearly two years, touting an... Published 12 Jun, 2021 05:04am
Guard killed, Rs8m looted in Hyderabad bank heist HYDERABAD: A security guard was killed while trying to foil a heist at a private bank branch in Hyderabad on Friday.... Published 12 Jun, 2021 05:04am
Educational centres: Punjab to announce summer vacations within two weeks LAHORE: The Punjab government on Friday said summer vacations will be announced within two weeks, as the intense ... Published 12 Jun, 2021 05:04am
Professor gunned down in Karachi KARACHI: A private engineering college's educator has been gunned down by unidentified assailants on a motorcycle... Published 12 Jun, 2021 05:04am
Monsoon: CM for arrangements to meet threat of flood LAHORE: Chief Minister Punjab Sardar Usman Buzdar visited Head Qadirabad Barrage, to review the inflow and outflow ... Published 12 Jun, 2021 05:04am
LHC dismisses sugar mills petition LAHORE: The Lahore High Court (LHC) on Friday dismissed a petition of JDW Sugar Mills, owned by Pakistan... Published 12 Jun, 2021 05:04am
Courts dispose of Tareen's, son's bail petitions as withdrawn LAHORE: Two sessions courts here Friday disposed of bail petitions of former Secretary Pakistan Tehreek-e-Insaf... Published 12 Jun, 2021 05:04am
No relief for poor in budget: PML-N LAHORE: Pakistan Muslim League-Nawaz (PML-N) has rejected budget 2021-22, saying the incompetent government has... Published 12 Jun, 2021 05:04am
PML-N lawmakers tasked with blocking passage of budget ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) President and Leader of Opposition in the National Assembly Shehbaz... Published 12 Jun, 2021 05:04am
Allocation for defence raised by 6.2percent ISLAMABAD: Allocation for defence for Fiscal Year 2021-22 has been raised by 6.2 percent, from Rs1.292 trillion in... Published 12 Jun, 2021 05:04am
Textile sector takes a dim view of FY22 budget KARACHI: The textile sector has termed the measures, announced by the government in the budget, as insufficient for ... Published 12 Jun, 2021 05:04am
Disposal of cars prior to registration: Concept of additional tax to curb 'on money' introduced ISLAMABAD: The Finance Bill 2021-22 has introduced the concept of additional tax on disposal of vehicles prior to ... Published 12 Jun, 2021 05:04am
Power subsidies raised by over 300pc ISLAMABAD: The federal government has increased power sector subsidies by over 300 percent to Rs 510 billion for... Published 12 Jun, 2021 05:04am
Around Rs506bn taxation measures unveiled ISLAMABAD: The government has taken measures of around Rs506 billion, including taxation measures of Rs264 billion... Published 12 Jun, 2021 05:04am
17pc GST on sales via online marketplace ISLAMABAD: The sales of goods through an online marketplace have been subjected to 17 percent sales tax by... Published 12 Jun, 2021 05:04am
Rates.SBP State Bank of Pakistan conversion rates KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits Published 12 Jun, 2021 05:04am
Rates.Banks Barclays bid rates and maximum rates for payment of interest KARACHI: Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than... Published 12 Jun, 2021 05:04am
Forex Exchange rates: buying and selling KARACHI: Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (June 11,... Published 12 Jun, 2021 05:04am
Forex Currency notes: exchange rates KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan... Published 12 Jun, 2021 05:04am
Rates.LIBOR LIBOR calculating interest on US dollar KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Friday (June 11, 2021).... Published 12 Jun, 2021 05:04am
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 12 Jun, 2021 05:04am
Forex Banks rates for currency notes (buying and selling) KARACHI: The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on ... Published 12 Jun, 2021 05:04am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (June 11,... Published 12 Jun, 2021 05:04am
Forex Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 12 Jun, 2021 05:04am
Rates.LIBOR LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Friday (June 11, 2021).... Published 12 Jun, 2021 05:04am
Rates.KIBOR Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Friday (June 11, 2021). ========================== KIBOR... Published 12 Jun, 2021 05:04am
Rates.JLI JLI Managed Growth Fund Rates KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Friday (June 11, 2021). ======================== Offer... Published 12 Jun, 2021 05:04am
Rates.JLI JLI Capital Growth Fund Rates KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Friday (June 11, 2021). ======================== Offer... Published 12 Jun, 2021 05:04am
Rates.JLI JLI MEESEQ Fund Rates KARACHI: JLI Meeseq Fund Rates on Friday (June 11, 2021). ======================== Offer Price 1,238.5992 Bid... Published 12 Jun, 2021 05:04am
Rates.JLI JLI YAQEEN GROWTH FUND RATES KARACHI: JLI Yaqeen Growth Fund Rates on Friday (June 11, 2021). ======================== Offer Price 1,481.9768... Published 12 Jun, 2021 05:04am
Rates.JLI JLI MANAGED TAKAFUL FUND KARACHI: JLI Managed Takaful Fund Rates on Friday (June 11, 2021). ======================== Offer Price ... Published 12 Jun, 2021 05:04am
Rates.JLI JLI CAPITAL GROWTH TAKAFUL FUND KARACHI: JLI Capital Growth Takaful Fund Rates on Friday (June 11, 2021). ======================== Offer Price... Published 12 Jun, 2021 05:04am
Rates.EFU EFU Managed Growth Fund Rates KARACHI: EFU Managed Growth Fund Rates on Friday (June 11, 2021). ======================== Offer Price 2,078.3506... Published 12 Jun, 2021 05:04am
Rates.EFU EFU Pension Growth Fund Rates KARACHI: EFU Pension Growth Fund Rates on Friday (June 11, 2021). ======================== Offer Price 384.9707... Published 12 Jun, 2021 05:04am
Rates.EFU EFU Capital Growth Fund Rates KARACHI: EFU Capital Growth Fund Rates on Friday (June 11, 2021). ======================== Offer Price 477.9322... Published 12 Jun, 2021 05:04am
Rates.EFU EFU Aitemad Growth Fund Rates KARACHI: EFU Aitemad Growth Fund Rates on Friday (June 11, 2021). ======================== Offer Price 1,620.6437... Published 12 Jun, 2021 05:04am
Rates.EFU EFU GUARANTEED GROWTH FUND RATES KARACHI: EFU Guaranteed Growth Fund Rates on Friday (June 11, 2021). ======================== Offer Price... Published 12 Jun, 2021 05:04am
Rates.EFU EFU AGGRESSIVE FUND RATES KARACHI: EFU Aggressive Fund Rates on Friday (June 11, 2021). ======================== Offer Price 1,600.7810 Bid... Published 12 Jun, 2021 05:04am
Rates.EFU EFU TAKAFUL GROWTH FUND RATES KARACHI: EFU Takaful Growth Fund Rates on Friday (June 11, 2021). ======================== Offer Price 1,367.6602... Published 12 Jun, 2021 05:04am
Rates.EFU EFU TAKAFUL AGGRESSIVE FUND RATES KARACHI: EFU Takaful Aggressive Fund Rates on Friday (June 11, 2021). ======================== Offer Price... Published 12 Jun, 2021 05:04am
Rates.EFU EFU TAKAFUL CONSERVATIVE FUND RATES KARACHI: EFU Takaful Conservative Fund Rates on Friday (June 11, 2021). ======================== Offer Price... Published 12 Jun, 2021 05:04am
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 12 Jun, 2021 05:04am
Rates.PSX Clearing Schedule for T+2 System KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System.... Published 12 Jun, 2021 05:04am
Rates.PSX Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 12 Jun, 2021 05:04am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 12 Jun, 2021 05:04am
Rates.PSX Dividend/Bonus Announcements KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.... Published 12 Jun, 2021 05:04am
Rates.PSX BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 12 Jun, 2021 05:04am
Stocks Electronic/credit of dividend warrants/bonus/right share certificates KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates.... Published 12 Jun, 2021 05:04am
Rates.BR Index BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Friday (June 11, 2021). ==================================== BR... Published 12 Jun, 2021 05:04am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on Friday... Published 12 Jun, 2021 05:04am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Friday (June 11, 2021).... Published 12 Jun, 2021 05:04am
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 12 Jun, 2021 05:04am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Friday (June 11, 2021).... Published 12 Jun, 2021 05:04am
Rates.The Rupee THE RUPEE: Mixed behaviour again KARACHI: On Friday, PKR again displayed mixed movement but in reverse. This time it went up against USD in interbank... Published 12 Jun, 2021 05:04am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (June 11, 2021).... Published 12 Jun, 2021 05:04am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Friday (June 11, 2021). ======================== Bid Rate Rs... Published 12 Jun, 2021 05:04am
Rates.Ports Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (June 11, 2021).... Published 12 Jun, 2021 05:04am
Rates.LME LME official prices LONDON: The following were Thursday official prices.... Published 12 Jun, 2021 05:04am
Stocks Friday's midday trade: Wall Street flat with Fed meet in focus NEW YORK: US stock indexes were flat on Friday as focus turned to next week's Federal Reserve meeting, while... Published 12 Jun, 2021 05:04am
Energy Oil prices reach fresh multi-year highs NEW YORK: Oil prices reached fresh multi-year highs on Friday, heading for a third straight week of gains on an... Published 12 Jun, 2021 05:04am
Stocks FTSE 100 posts best week in over a month LONDON: London's FTSE 100 index ended higher on Friday, helped by gains in mining and financial stocks, while a... Published 12 Jun, 2021 05:04am
Stocks European stocks hit record peak AMSTERDAM/LONDON: European stocks scaled a record high on Friday, buoyed by hopes that major central banks will... Published 12 Jun, 2021 05:04am
Stocks China stocks dip SHANGHAI: China stocks ended lower on Friday, dragged down by liquor and financial firms, and posted a second... Published 12 Jun, 2021 05:04am
Rates.Ports Activities of Karachi Port Trust, Port Qasim KARACHI: The Karachi Port Trust handled 146,662 tonnes of cargo comprising 99,645 tonnes of import cargo and 47,017... Published 12 Jun, 2021 05:04am
Energy Exports of gasoline from Asia to US rebounded NEW DELHI/SINGAPORE: Exports of gasoline and blend stocks from Asia to the United States rebounded in May from ... Published 12 Jun, 2021 05:04am
Energy Asia's naphtha crack drops on near-term demand SINGAPORE Asia's naphtha crack extended declines on Thursday, falling to a two-week low, after cracker turnarounds ... Published 12 Jun, 2021 05:04am
Minister says zero forced loadshedding across country ISLAMABAD: Federal Minister for Energy Hammad Azhar on Friday shared that there has been zero forced load shedding ... Published 12 Jun, 2021 05:04am
Four PAF officers promoted ISLAMABAD: The government has promoted four Pakistan Air Force (PAF) officers to the rank of Air Vice Marshal on... Published 12 Jun, 2021 05:04am
Centre not giving promised money to provinces, claims PPPP ISLAMABAD: The Pakistan People's Party Parliamentarians (PPPP) information secretary Shazia Atta Marri said the... Published 12 Jun, 2021 05:04am
At least 23 pilgrims die in Khuzdar bus crash KHUZDAR: A bus crammed with pilgrims coming back from a religious festival crashed in Khudar on Friday killing at... Published 12 Jun, 2021 05:04am
The G7 at Cornwall The meetings of Group of Seven (G7) at Cornwall in the United Kingdom (UK) come at a very crucial time, primarily... Published 12 Jun, 2021 05:04am
Letters 'Grappling with climate change' This is apropos a Business Recorder editorial "Grappling with climate change" carried by the newspaper on Thursday.... Published 12 Jun, 2021 05:04am
Rates.BR Index PSX manages gains: BRIndex100 slightly up KARACHI: Pakistan Stock Exchange Friday witnessed a mixed trend as the investors remained cautious ahead of the... Published 12 Jun, 2021 05:04am
Aaj TV - Saturday's schedule All timings are in PST (Pakistan Standard Time) Published 12 Jun, 2021 05:04am
Money & Banking Dollar steadies in Europe LONDON: The dollar stabilised on Friday and major currency pairs were stuck within recent ranges as markets shrugged... Published 12 Jun, 2021 05:04am
Money & Banking Early trade in New York: Dollar index gains, euro and pound fall NEW YORK: The euro and sterling dipped against the dollar on Friday as investors bet interest rates would stay lower... Published 12 Jun, 2021 05:04am
Money & Banking Sterling set for second weekly loss LONDON: The pound fell 0.5% on Friday and was on track for its second consecutive weekly loss versus the dollar ... Published 12 Jun, 2021 05:04am
Cotton & Textile NY cotton heads for 4th-straight weekly gain NEW YORK: ICE cotton futures headed for a fourth straight weekly rise on Friday, bolstered by an upbeat US supply ... Published 12 Jun, 2021 05:04am
Commodities Gold slips in NY NEW YORK: Gold prices slipped on Friday, hurt by a strengthening dollar as some investors bet that recent spikes in... Published 12 Jun, 2021 05:04am
Commodities Tin prices ascent to over decade high LONDON: Tin prices rose to their highest in more than a decade on Friday as expectations of severe shortages due to... Published 12 Jun, 2021 05:04am
Cotton & Textile Dullness persists on cotton market KARACHI: The local market remained bearish on Friday. Market Sources said that trading volume remained thin. Market... Published 12 Jun, 2021 05:04am
Cotton & Textile Cotton Spot Rates KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (June 11, 2021).... Published 12 Jun, 2021 05:04am
Commodities Colombia's coffee exports down BOGOTA: Colombia exported 427,000 60-kg bags of washed arabica coffee in May, the national coffee federation said on... Published 12 Jun, 2021 05:04am
Commodities PMEX daily trading report KARACHI: On Thursday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 20.866... Published 12 Jun, 2021 05:04am
Energy US natgas on track for 7-month high NEW YORK: US natural gas futures jumped more than 3% on Friday, putting the contract on track for its highest close... Published 12 Jun, 2021 05:04am
Commodities Paris wheat steadies before USDA data PARIS: Euronext wheat edged higher in afternoon trading on Thursday, recovering from an earlier one-week low, as... Published 12 Jun, 2021 05:04am
Industry Greater pricing power to help Canadian exporters withstand loonie surge TORONTO: A stronger Canadian dollar is usually seen hurting exporters, but the nature of the global economic ... Published 12 Jun, 2021 05:04am
Russia raises key rate to 5.5pc, flags more hikes to curb inflation MOSCOW: Russia's central bank raised its key interest rate by 50 basis points to 5.5% on Friday and said more hikes... Published 12 Jun, 2021 05:04am
Budgets Rs2.747trn foreign assistance estimated for FY2021-22 ISLAMABAD: The government has estimated foreign assistance of Rs 2.747 trillion for the fiscal year 2021-2022 ... Published 12 Jun, 2021 05:04am
Budgets Budget 2021-22: Rs42bn earmarked for Railways to meet losses ISLAMABAD: The government has earmarked Rs42 billion grant for Pakistan Railways to meet the losses. According to... Published 12 Jun, 2021 05:04am
Budgets Rs54bn proposed for 7 merged tribal districts, 6 ex-FRs ISLAMABAD: The federal government has proposed Rs54 billion for the seven merged tribal districts and six ... Published 12 Jun, 2021 05:04am
Budgets Rs91.97bn earmarked for education affairs, services ISLAMABAD: The government has earmarked Rs 91.97 billion for the education affairs and services in the federal ... Published 12 Jun, 2021 05:04am
Budgets Around Rs3.059trn to be spent on debt servicing ISLAMABAD: The country will spend around Rs 3.059 trillion on debt servicing including interest payments and ... Published 12 Jun, 2021 05:04am
Budgets KCCI terms budget growth-oriented KARACHI: Karachi Chamber of Commerce and Industry (KCCI) appreciated the proposed federal budget 2021-22, terming it... Published 12 Jun, 2021 05:04am
Industry July-April 2020-21: Overall output of LSMI increases by 12.84pc ISLAMABAD: The overall output of Large Scale Manufacturing Industries (LSMI) increased by 12.84 percent for... Published 12 Jun, 2021 05:04am