VIS upgrades BoK’s long-term entity rating KARACHI: The VIS Credit Rating Company Limited (VIS) has upgraded medium to long term entity rating of The Bank of... Published 01 Jul, 2021 04:10am
President of Wifaqul Madaris Maulana Abdur Razzaq passes away KARACHI: President of Wifaqul Madaris in Pakistan and prominent scholar Maulana Abdur Razzaq Iskander passed away... Published 01 Jul, 2021 04:10am
‘Saudi-Iran rapprochement essential for peace in region’ ISLAMABAD: Saudi-Iran rapprochement is essential for lasting peace in the region marred by an increased spate of... Published 01 Jul, 2021 04:10am
State-of-the-art ‘Prisons Complex’ to be constructed LAHORE: In line with developments and reforms taking place around the world, the Punjab Prisons is planning to... Published 01 Jul, 2021 04:10am
Remote areas: President calls for FIO’s outreach expansion ISLAMABAD: President Dr Arif Alvi Wednesday called for expanding the outreach of Federal Insurance Ombudsman (FIO) ... Published 01 Jul, 2021 04:10am
Auto Parts Technology Park to be set up on nine acres: minister LAHORE: Provincial Minister for Industries & Commerce Mian Aslam Iqbal has said that the Auto Parts Technology... Published 01 Jul, 2021 04:10am
Agri transformation plan envisages protection of growers, consumers ISLAMABAD: Agricul-ture transformation plan envisages protection of growers as well as consumers and local industry... Published 01 Jul, 2021 04:10am
NA body told: Pakistan spending only 2pc of GDP on education ISLAMABAD: Pakistan is spending around two percent of the GDP on education, while others are spending more than 10... Published 01 Jul, 2021 04:10am
Myanmar junta releases thousands of jailed anti-coup protesters YANGON: Myanmar authorities released more than 2,000 anti-coup protesters from prisons across the country on... Published 01 Jul, 2021 04:10am
EU agrees to roll over Russia economic sanctions BRUSSELS: EU ambassadors agreed Wednesday to prolong wide-ranging economic sanctions imposed on Russia in 2014 for... Published 01 Jul, 2021 04:10am
US private payrolls increase solidly; pending home sales rebound WASHINGTON: US private payrolls increased more than expected in June as companies rushed to boost production and... Published 01 Jul, 2021 04:10am
Churches destroyed by fire in Canada OTTAWA: Two Catholic churches in Canada went up in flames early Wednesday amid growing calls for a papal apology for... Published 01 Jul, 2021 04:10am
Asian coal plant drive threatens climate goals KUALA LUMPUR: Five Asian countries are responsible for 80 percent of new coal power stations planned worldwide, with... Published 01 Jul, 2021 04:10am
NY mayoral race in chaos NEW YORK: The battle to be New York’s next mayor was in disarray Wednesday after the city’s election authorities... Published 01 Jul, 2021 04:10am
Lebanon approves ration card to replace subsidies BEIRUT: Lebanon’s parliament Wednesday approved ration cards for the poorest to cushion the gradual collapse of... Published 01 Jul, 2021 04:10am
US picks Gutmann as first woman ambassador to Germany BERLIN: US President Joe Biden has nominated University of Pennsylvania president Amy Gutmann as ambassador to... Published 01 Jul, 2021 04:10am
US eases gender selection on passports WASHINGTON: The US State Department on Wednesday made it easier for citizens to select their gender on passports, in... Published 01 Jul, 2021 04:10am
UK and EU agree truce in N Ireland ‘sausage war’ LONDON: The threat of a “sausage war” between the UK and the European Union was averted on Wednesday, after both... Published 01 Jul, 2021 04:10am
UK announces post-Brexit state aid regime LONDON: Britain on Wednesday announced a new post-Brexit subsidy regime but vowed no return to 1970s-style state... Published 01 Jul, 2021 04:10am
Robinhood to pay record fine in US over lapses NEW YORK: Robinhood will pay a record $70 million in penalties to settle charges it harmed thousands of consumers... Published 01 Jul, 2021 04:10am
Deadly heatwave slams Canada, US VANCOUVER: Millions of people in western Canada and the northwestern United States were under heat alerts Wednesday... Published 01 Jul, 2021 04:10am
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 01 Jul, 2021 04:10am
SC directs CDA, Park View City to submit layout plans of area ISLAMABAD: The Supreme Court (SC) directed the Capital Development Authority (CDA) and the Park View City to submit... Published 01 Jul, 2021 04:10am
Bilawal, Qureshi trade barbs in National Assembly ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari and Foreign Minister (FM) Shah Mahmood... Published 01 Jul, 2021 04:10am
Sarina Isa challenges PM to live debate ISLAMABAD: Sarina Isa, the wife of Justice Qazi Faez Isa, challenged Prime Minister Imran Khan to have a live debate... Published 01 Jul, 2021 04:10am
Rejection of seven votes in Senate: AGP concludes arguments in Gilani’s ICA ISLAMABAD: The Attorney General for Pakistan (AGP), on Wednesday, concluded arguments in Senator Yousaf Raza... Published 01 Jul, 2021 04:10am
Bilawal criticises policy of taking action against tax defaulters ISLAMABAD: Bilawal Bhutto-Zardari, chairman of the Pakistan People’s Party (PPP), on Wednesday, criticised the... Published 01 Jul, 2021 04:10am
PM felicitates Xi; lauds CPC’s role in nurturing friendship ISLAMABAD: Prime Minister Imran Khan while felicitating President Xi Jinping on the occasion of the centenary of the... Published 01 Jul, 2021 04:10am
Pakistan rejects misleading statement by Indian minister ISLAMABAD: Pakistan on Wednesday, categorically rejected “irresponsible and misleading” statement by Indian... Published 01 Jul, 2021 04:10am
Sindh CM rejects rumours about his removal ISLAMABAD: Sindh Chief Minister Murad Ali Shah Wednesday rejected rumours that he is about to be removed from his... Published 01 Jul, 2021 04:10am
Sarwar opens 600-bed Indus Hospital in Lahore LAHORE: Inaugurating the 600-bed Indus Hospital, here Wednesday, the Governor Punjab Chaudhry Mohammad Sarwar said... Published 01 Jul, 2021 04:10am
Balochistan govt launches PSDP Automation System QUETTA: Balochistan government has launched the Public Sector Development Programme (PSDP) Automation System under... Published 01 Jul, 2021 04:10am
GST collection: Senate panel asks IPC ministry to get FBR reply ISLAMABAD: Senate Standing Committee on Inter-Provincial Coordination Wednesday asked the Ministry of... Published 01 Jul, 2021 04:10am
BOI develops dedicated Pakistan China B2B Investment Portal ISLAMABAD: The Board of Investment (BOI) Secretary, Fareena Mazhar, expressed that, “Considering the unique... Published 01 Jul, 2021 04:10am
Number of cellular subscribers declines ISLAMABAD: The number of cellular subscribers in Pakistan declined by 0.46 million to 183.48 million by end May 2021... Published 01 Jul, 2021 04:10am
Ministry of Economic Affairs: NGOs e-portal, help desk facility inaugurated ISLAMABAD: Minister for Economic Affairs, Omar Ayub Khan, inaugurated the NGOs e-Portal and help desk facility in ... Published 01 Jul, 2021 04:10am
Shehbaz’s absence from NA: Ahsan terms Bilawal’s statement childish ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) Secretary General Ahsan Iqbal, on Wednesday, termed Pakistan Peoples... Published 01 Jul, 2021 04:10am
PAC informed: Car of other dept monetized to ex-bureaucrat in violation of policy ISLAMABAD: The sub-committee of the Public Accounts Committee (PAC) was apprised, on Wednesday, that a car of other... Published 01 Jul, 2021 04:10am
Pakistan Nuclear Society holds webinar FAISALABAD: Pakistan Nuclear Society in collaboration with the Virtual University of Pakistan along with Pakistan... Published 01 Jul, 2021 04:10am
Sugar scandal investigation: Hamza accuses FIA of ‘political victimization’ LAHORE: Pakistan Muslim League-Nawaz (PML-N) senior leader and Opposition Leader in the Punjab Assembly Hamza ... Published 01 Jul, 2021 04:10am
‘Freight corridor to overcome traffic miseries of Karachiites’ KARACHI: Chairman Pakistan Railways Habib-ur-Rehman Gillani said that the 55 kilometer-long, dual-track freight... Published 01 Jul, 2021 04:10am
349 students get scholarship cheques from SU HYDERABAD: Amid special efforts of the Vice-Chancellor, University of Sindh Prof. (Meritorious) Dr Muhammad Siddique... Published 01 Jul, 2021 04:10am
Haleem criticizes PPP’s ‘double standards’ KARACHI: Opposition Leader in Sindh Assembly Haleem Adil Sheikh on Wednesday criticized double-standards politics of... Published 01 Jul, 2021 04:10am
Expected monsoon rains: Minister for cleaning storm drains by 15th HYDERABAD: The Sindh Local Government and Information Minister Syed Nasir Hussain Shah directed the officers of all... Published 01 Jul, 2021 04:10am
Covid-19 claims 24 lives, infects 622 others KARACHI: As many as 24 more patients of Covid-19 died overnight lifting the death toll to 5,464 and 622 new cases... Published 01 Jul, 2021 04:10am
RFID number plates: SHC dismisses petition of private contractor KARACHI: Sindh High Court (SHC) has dismissed a petition of a private contractor against the agreement to install ... Published 01 Jul, 2021 04:10am
SHC resents prolonged stay of Khursheed in NICVD SUKKUR: The Sindh High Court (SHC) on Wednesday rejected reports submitted from the Sindh government, NICVD, and... Published 01 Jul, 2021 04:10am
Pakistani products: FPCCI hails Sri Lankan envoy’s plans to assess tariffs KARACHI: President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Mian Nasir Hayat Magoon... Published 01 Jul, 2021 04:10am
PIA to operate relief flights to Doha KARACHI: Pakistan’s National Flag Carrier PIA has announced to operate relief flights for Doha, PIA spokesman said... Published 01 Jul, 2021 04:10am
Economic direction and role of government — III The government is, therefore, required to outsource or privatize as less as possible. It is also required to engage... Published 01 Jul, 2021 04:10am
FY22 budget: textile sector’s perspective The Federal Budget for FY22 was announced on June 11th, 2021. The new economic team has accordingly set goals for ... Published 01 Jul, 2021 04:10am
Turkish firm to set up bottling plant at Hattar PESHAWAR: KP Chief Minister Mahmood Khan Wednesday performed ground breaking of an industrial unit (bottling plant)... Published 01 Jul, 2021 04:10am
Kamyab Jawan: empowering the youth of Pakistan Over 68 percent of Pakistan’s estimated population of 220 million is below the age of 30 and Prime Minister Imran... Published 01 Jul, 2021 04:10am
KU announces results of Syndicate elections KARACHI: The Registrar, University of Karachi Professor Dr Abdul Waheed on Wednesday announced the results of the... Published 01 Jul, 2021 04:10am
CCI Pakistan greenfield production plant: Groundbreaking ceremony held in KP ISLAMABAD: The groundbreaking ceremony of CCI Pakistan (Coca-Cola Beverages Pakistan Ltd) greenfield production ... Published 01 Jul, 2021 04:10am
Punjab govt purchases new ambulances worth Rs1.5bn: CM LAHORE: Punjab Chief Minister Usman Bazdar said on Wednesday that the government has purchased new ambulances ... Published 01 Jul, 2021 04:10am
PM to visit Gwadar on 5th ISLAMABAD: Prime Minister Imran Khan will visit Gwadar on July 05, where he would be reviewing progress on uplift... Published 01 Jul, 2021 04:10am
IMC launches Toyota Hilux Revo 2021: Overseas Pakistanis can purchase under ‘Roshan Apni Car’ scheme KARACHI: Indus Motor Company (IMC) on Wednesday announced the launch of Toyota Hilux Revo 2021, which can be... Published 01 Jul, 2021 04:10am
Call to connect 50pc offline population with high-speed internet ISLAMABAD: Public-private collaborative approach is supporting Pakistan’s progress towards digitalisation, ... Published 01 Jul, 2021 04:10am
The Weather KARACHI: The weather report on Wednesday (June 30, 2021) and the forecast for Thursday (July 1, 2021).... Published 01 Jul, 2021 04:10am
Rates.BR Index PSX maintains uptrend: BRIndex100 climbs KARACHI: Pakistan Stock Exchange Wednesday closed on a positive note with healthy gains on the last day of the ... Published 01 Jul, 2021 04:09am
PARTLY FACETIOUS: Hemingway was not an economist “The government’s narrative is simple: everything is hunky-dory except inflation and that too will be controlled... Published 01 Jul, 2021 04:09am
Energy Groundbreaking ceremony held for regional dispatch centre of CGGC at Eighteen ISLAMABAD: Eighteen housing society, a project of Ora Developers in partnership with Saif Group and Kohistan... Published 01 Jul, 2021 04:09am
Energy Power needs of Diamer Basha Dam: Wapda all set to construct 21MW hydropower project LAHORE: The Water and Power Development Authority (Wapda) is all set to construct 21 megawatt hydropower project to... Published 01 Jul, 2021 04:09am
Energy Oil rises on lower US stockpiles, demand recovery • US crude stocks fell for the sixth straight week • OPEC to discuss extension of supply cut deal NEW YORK: ... Published 01 Jul, 2021 04:09am
Letters ‘The ever-increasing burden of debt’ This is with reference to a Business Recorder editorial titled “The ever-increasing burden of debt” dated... Published 01 Jul, 2021 04:09am
Energy VLSFO crack at one-month low, PSO buys fuel oil cargoes SINGAPORE: Asia’s 0.5% very low-sulphur fuel oil (VLSFO) crack fell to a one-month low on Wednesday as benchmark... Published 01 Jul, 2021 04:09am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 248,650 tonnes of cargo comprising 163,333 tonnes of import cargo and 85,317... Published 01 Jul, 2021 04:09am
Cotton & Textile Small business on cotton market KARACHI: The local cotton market on Wednesday remained stable and volume remained low. Cotton Analyst Naseem Usman... Published 01 Jul, 2021 04:09am
Stocks Dubai, Saudi bourses drop DUBAI: Dubai shares hit a four-week low on Wednesday, as a resurgence in Covid-19 cases in other countries across ... Published 01 Jul, 2021 04:09am
Stocks European shares down AMSTERDAM/LONDON: European shares ended lower on Wednesday as investors locked in gains after a five-month winning... Published 01 Jul, 2021 04:09am
Stocks China stocks rise SHANGHAI: China stocks ended higher on Wednesday, with major tech indexes booking their biggest quarterly gains in a... Published 01 Jul, 2021 04:09am
Stocks Chinese ride-hailing app Didi surges in NYSE debut NEW YORK: Shares of Chinese ride-hailing giant Didi Chuxing rocketed higher Wednesday in its first trading session... Published 01 Jul, 2021 04:09am
Stocks Wednesday’s early trade: S&P hovers near record high AMSTERDAM/LONDON: The S&P 500 hovered near a record high on Wednesday as US private payrolls increased in June... Published 01 Jul, 2021 04:09am
Stocks S&P, Nasdaq post record highs • Shares of Apple suppliers jump • Morgan Stanley up on surprise dividend hike NEW YORK: The S&P 500 and... Published 01 Jul, 2021 04:09am
Stocks Australian shares climb, NZ up SYDNEY/WELLINGTON: Australian shares rose to one-week highs on Wednesday, lifted by robust gains on mining stocks ... Published 01 Jul, 2021 04:09am
Stocks Japanese shares slip TOKYO: Japanese shares dipped on Wednesday as the highly contagious Delta variant spread in Asia, while the ... Published 01 Jul, 2021 04:09am
Stocks FTSE slips; but marks fifth consecutive monthly gain LONDON: London’s FTSE 100 fell on Wednesday on concerns that a recent jump in coronavirus infections could hinder... Published 01 Jul, 2021 04:09am
Rates.LME LME official prices LONDON: The following were Tuesday official prices.... Published 01 Jul, 2021 04:09am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (June 30, 2021)... Published 01 Jul, 2021 04:09am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Wednesday (June 30, 2021). ======================================= Offset... Published 01 Jul, 2021 04:09am
Rates.Ports Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (June 30, 2021).... Published 01 Jul, 2021 04:09am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Wednesday (June 30, 2021). ======================== Bid Rate ... Published 01 Jul, 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 Wednesday (June 30, 2021).... Published 01 Jul, 2021 04:09am
Rates.The Rupee THE RUPEE: More gains KARACHI: On Wednesday, PKR continued to go up against USD in both interbank and open markets. It also went up ... Published 01 Jul, 2021 04:09am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Wednesday (June 30, 2021).... Published 01 Jul, 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 01 Jul, 2021 04:09am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Wednesday (June 30, 2021).... Published 01 Jul, 2021 04:09am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on... Published 01 Jul, 2021 04:09am
Rates.BR Index BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (June 30, 2021). ==================================== BR... Published 01 Jul, 2021 04:09am
Stocks Electronic/credit of dividend warrants/bonus/right share certificates KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates.... Published 01 Jul, 2021 04:09am
Rates.PSX BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 01 Jul, 2021 04:09am
Rates.PSX Dividend/Bonus Announcements KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.... Published 01 Jul, 2021 04:09am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 01 Jul, 2021 04:09am
Rates.PSX Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 01 Jul, 2021 04:09am
Rates.PSX Clearing Schedule for T+2 System KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System.... Published 01 Jul, 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 01 Jul, 2021 04:09am
Rates.EFU EFU TAKAFUL CONSERVATIVE FUND RATES KARACHI: EFU Takaful Conservative Fund Rates on Wednesday (June 30, 2021). ======================== Offer Price... Published 01 Jul, 2021 04:09am
Rates.EFU EFU TAKAFUL AGGRESSIVE FUND RATES KARACHI: EFU Takaful Aggressive Fund Rates on Wednesday (June 30, 2021). ======================== Offer Price... Published 01 Jul, 2021 04:09am
Rates.EFU EFU TAKAFUL GROWTH FUND RATES KARACHI: EFU Takaful Growth Fund Rates on Wednesday (June 30, 2021). ======================== Offer Price... Published 01 Jul, 2021 04:09am