Criticality of higher tax collection stressed PM Imran expresses hope collection would increase as govt tries to restore confidence that tax would be spent on them Says manufacturing e-bikes is a futuristic and positive step Updated 09 Jul, 2021 10:24am
Tarin for two more valuations of PSM assets ISLAMABAD: Finance Minister, Shaukat Tarin has sought two more valuations of assets of Pakistan Steel Mills (PSM) as... Updated 09 Jul, 2021 02:49pm
US military ‘achieved’ its goals: Biden All US combat troops will be out of Afghanistan by Aug 31 Updated 09 Jul, 2021 10:25am
Red Crescent warns of 'inhuman' Syria aid route closure ANKARA: The Turkish Red Crescent chief on Thursday denounced as "inhuman" a possible closure of a key aid route into... Published 09 Jul, 2021 04:25am
US urges China talks after reports of nuclear build-up GENEVA: The United States voiced deep concern on Thursday at reports that China is dramatically scaling up its... Published 09 Jul, 2021 04:25am
K-Electric advises caution ahead of monsoon season KARACHI: Ahead of the monsoon season, K-Electric reiterated the importance of safety during and beyond the expected... Published 09 Jul, 2021 04:25am
New LNG terminals: CCoE given inter-ministerial committee report ISLAMABAD: The Maritime Affairs Division presented the report of the inter-ministerial committee on establishment of... Published 09 Jul, 2021 04:25am
‘US, Pakistan want peaceful settlement in Afghanistan’ WASHINGTON: With the United States having nearly completed the withdrawal of its troops from Afghanistan, an... Published 09 Jul, 2021 04:25am
Ignite startups: UIT wins 23 projects KARACHI: Usman Institute of Technology has won 23 projects in Ignite funds start-up program. More than one million... Published 09 Jul, 2021 04:25am
Govt decides to revamp Pakistan Post’s financial services ISLAMABAD: The government has decided to revamp Pakistan Post’s financial services, re-engineer and re-visit its... Updated 09 Jul, 2021 10:43am
Money laundering, Ramzan Sugar Mills references: Hearings against Shehbaz, Hamza & others adjourned till Aug 16 LAHORE: A duty judge of an accountability court on Thursday adjourned hearings of money laundering and Ramzan Sugar... Published 09 Jul, 2021 04:25am
FY2020-21: Punjab utilizes Rs300.77bn in major sectors under ADP LAHORE: The Punjab government ended its financial year 2020-21 with maximum utilization of allocated funds for the... Published 09 Jul, 2021 04:25am
PM, Haleem Adil discuss political situation ISLAMABAD: Prime Minister Imran Khan and Leader of the Opposition in Sindh Assembly Haleem Adil Sheikh on Thursday... Published 09 Jul, 2021 04:25am
LCI ID completes his tenure FAISALABAD: Mian Muhammad Adrees has been retired after completing his three years tenure as International Director... Published 09 Jul, 2021 04:25am
Abdul Sattar Edhi remembered ISLAMABAD: Legendary philanthropist and social worker Abdul Sattar Edhi remembered on his fifth death anniversary on... Published 09 Jul, 2021 04:25am
Park Lane case: Parthenon registered with SECP as per company rules, AC told ISLAMABAD: A prosecution witness in Park Lane case against former president Asif Ali Zardari and others, on ... Published 09 Jul, 2021 04:25am
Rana Basit Rice Mills (Pvt) Ltd: SC sets aside LHC judgment authorising attorney to file suit ISLAMABAD: The Supreme Court ruled that the lack of a board resolution authorising the attorney does not invalidate... Published 09 Jul, 2021 04:25am
Mufti Taqi Usmani survives another assassination attempt KARACHI: Prominent religious scholar and former Federal Shariat Court judge Mufti Taqi Usmani escaped unharmed after... Published 09 Jul, 2021 04:25am
Sindh govt to appoint Murtaza as Karachi administrator KARACHI: The Sindh government has decided to appoint Murtaza Wahab as Administrator of Karachi. According to sources... Published 09 Jul, 2021 04:25am
Covid-19: Sindh governor praises PM for making difficult decisions KARACHI: Governor Sindh Imran Ismail has praised the leadership and vision of Prime Minister Imran Khan and the way... Published 09 Jul, 2021 04:25am
PTA ordered to filter all videos uploaded on internet KARACHI: The Sindh High Court (SHC) on Thursday ordered the Pakistan Telecommunication Authority (PTA) to properly... Published 09 Jul, 2021 04:25am
Monsoon rain may begin from tomorrow KARACHI: The Met Office on Thursday forecast a strong monsoon system entering the country to unleash... Published 09 Jul, 2021 04:25am
DHA Suffa, FPCCI holds webinar on supply chain management KARACHI: DHA Suffa University & FPCCI are jointly presenting Free Zoom webinar on "Learn to Become Successful... Published 09 Jul, 2021 04:25am
PPMA demands withdrawal of new tax regime KARACHI: The Pakistan Pharmaceutical Manufacturers' Association (PPMA) has warned that a crisis would emerge with... Published 09 Jul, 2021 04:25am
PTI govt makes available modern fire tenders in city: governor KARACHI: Governor Sindh Imran Ismail has said that there was a dire need for modern fire tenders in Karachi and this... Published 09 Jul, 2021 04:25am
Key Malaysian party withdraws support for embattled PM KUALA LUMPUR: The biggest party in Malaysia’s ruling coalition said Thursday it was withdrawing support for the... Published 09 Jul, 2021 04:25am
Troubled South Sudan to mark 10th anniversary without fanfare JUBA: South Sudan will mark 10 years of independence on Friday with little fanfare as the troubled country battles... Published 09 Jul, 2021 04:25am
Telenor quits Myanmar over military coup OSLO: Norwegian telecoms group Telenor said Thursday it is selling its subsidiary in Myanmar, where it is one of the... Published 09 Jul, 2021 04:25am
Trainer plane crash kills 3 in Lebanon BEIRUT: Three people died when a small trainer plane crashed north of Lebanon’s capital on Thursday, a military... Published 09 Jul, 2021 04:25am
EU will ‘never accept’ two states on Cyprus: Von der Leyen NICOSIA: European Commission President Ursula von der Leyen said Thursday Brussels would “never accept” the... Published 09 Jul, 2021 04:25am
Israel, Jordan agree on major water sale, Palestinian trade AMMAN: Israel and Jordan reached a deal on Thursday for the Jewish state to sell an unprecedented amount of water to... Published 09 Jul, 2021 04:25am
Europe UK flags new N Ireland row with EU before July 22 LONDON: The UK, vowing to defend its territorial "sanctity", said Thursday it plans to submit proposals on a Brexit... Published 09 Jul, 2021 04:25am
South Asia Rajapaksa family tightens grip on crisis-hit Sri Lanka COLOMBO: A brother of Sri Lanka's President Gotabaya Rajapaksa on Thursday became finance minister, tightening the... Published 09 Jul, 2021 04:25am
Europe Russian jet alarm interrupts Spain PM's press briefing VILNIUS: Spain's Prime Minister Pedro Sanchez was forced to interrupt a press conference at a NATO airbase in... Published 09 Jul, 2021 04:25am
Africa Zuma begins jail term JOHANNESBURG: Jacob Zuma on Thursday began a 15-month sentence for contempt of court, becoming South Africa's first... Published 09 Jul, 2021 04:25am
Fans banned from Olympics as variant drives global Covid-19 outbreaks TOKYO: Japan banned fans from the Olympic Games on Thursday as the Delta variant drove Covid-19 outbreaks, with the... Published 09 Jul, 2021 04:25am
Muhammad Azfar Ahsan elected Vice President of MAP KARACHI: Founder of Corporate Pakistan Group, Nutshell Conferences & Nutshell Communications (Private) Limited... Published 09 Jul, 2021 04:25am
Omni Motorsport, Z2C Ltd sign agreement KARACHI: Omni Motorsport Pvt Ltd and Z2C Limited have signed a historic & groundbreaking motorsports marketing,... Published 09 Jul, 2021 04:25am
Appointment of chief secretaries in AJK, G-B and provinces: Senate body expresses reservations over procedure ISLAMABAD: The Senate Standing Committee on Delegated Legislation expressed serious reservations over the procedure... Published 09 Jul, 2021 04:25am
Rs2.27bn given to 9 local bodies of Karachi in July: Nasir KARACHI: Sindh Minister for Local Government (LG) and Information Syed Nasir Shah on Thursday said that the... Published 09 Jul, 2021 04:25am
Lahore blast: Pakistan rejects Indian denial ISLAMABAD: Pakistan, on Thursday, rejected Indian denial of its involvement in June 23 terrorist attack in Johar... Published 09 Jul, 2021 04:25am
Pakistani startups showcased by Ignite at 4YFN in Barcelona BARCELONA: Ignite National Technology Fund, a company with Ministry of IT and Telecom, showcased Pakistani startups... Updated 09 Jul, 2021 10:42am
Ericsson, Samsung sign global patent licence agreement KARACHI: Ericsson and Samsung have reached a multi-year agreement on global patent licenses between the two... Published 09 Jul, 2021 04:25am
Money & Banking Meezan Bank, NCCPL join hands for new Shariah-compliant products KARACHI: Meezan Bank has collaborated with National Clearing Company of Pakistan Limited (NCCPL) for developing new... Published 09 Jul, 2021 04:25am
Rates PSX again exceeds 48,000-level: BRIndex100 snaps losing streak KARACHI: Pakistan Stock Exchange Thursday witnessed a bullish trend and closed on strong positive note with healthy... Published 09 Jul, 2021 04:25am
Stay against GDA granted ISLAMABAD: A civil court in Abbottabad has granted stay in favour of a petitioner against Galiyat Development... Published 09 Jul, 2021 04:25am
Mobile calls over 5 minutes: Several cabinet members oppose additional tax ISLAMABAD: Several members of the Prime Minister Imran Khan’s cabinet are against the 75 paisa tax on mobile calls... Published 09 Jul, 2021 04:25am
Examinations in schools and colleges: Opposition lawmakers slam govt’s decision ISLAMABAD: The opposition lawmakers in the National Assembly, on Thursday, lambasted the government for its decision... Published 09 Jul, 2021 04:25am
‘Role of media important for survival of democracy’ HYDERABAD: Divisional Director Information Hyderabad Sawai Khan Chhalgari said that the role of media was very... Published 09 Jul, 2021 04:25am
4th wave of Covid-19: PM urges masses to use face masks, get vaccinated ISLAMABAD: Prime Minister Imran Khan on Thursday, pointing out the threat of 4th wave of COVID-19 in the wake of... Published 09 Jul, 2021 04:25am
PM satisfied over boom in construction sector ISLAMABAD: Prime Minister Imran Khan on Thursday expressed his satisfaction over the upward trajectory witnessed in... Published 09 Jul, 2021 04:25am
Senate body takes notice of minister’s absence ISLAMABAD: Senate Standing Committee on Kashmir Affairs and Gilgit-Baltistan took serious notice of the absence of... Published 09 Jul, 2021 04:25am
Afghanistan policy: Political leaders to be taken into confidence: Qureshi ISLAMABAD: Foreign Minister Shah Mahmood Qureshi on Thursday assured the National Assembly Standing Committee on... Published 09 Jul, 2021 04:25am
Dodo Bheel case: Full justice will be provided: Imtiaz HYDERABAD: The Inquiry Committee, constituted by the Chief Minister of Sindh on the Dodo Bheel incident in Thar Coal... Published 09 Jul, 2021 04:25am
ECP seeks wealth details from political parties ISLAMABAD: Election Commission of Pakistan (ECP), on Thursday, asked the political parties to submit their wealth... Published 09 Jul, 2021 04:25am
PARTLY FACETIOUS: The holy cows in Pakistan “The Former First Daughter, when asked if a deal has been made by the party supremos, got angry…” “She had... Published 09 Jul, 2021 04:25am
EU prepares to send petrol cars to the scrap heap Europe’s prestigious carmakers lead the world in perfecting the internal combustion engine — but the days of the... Published 09 Jul, 2021 04:25am
Supply issues and difficult oil prices Oil prices have continued to overall significantly rise since November of last year, on the back of restricted ... Published 09 Jul, 2021 04:25am
Overriding ‘doctrine of mutuality’ Through the Finance Act, 2021 [“the Act”], the Parliament has made an amendment with retrospective application ... Published 09 Jul, 2021 04:25am
Letters Creating jobs through auto industry This is apropos a Business Recorder news item “Govt lays focus on auto sector to create jobs” carried by the... Published 09 Jul, 2021 04:25am
Court orders registration of FIR against SACM Punjab ISLAMABAD: A local court in the federal capital, on Thursday, ordered registration of a first information report... Published 09 Jul, 2021 04:25am
Managing a company in a crisis situation ‘The secret of crisis management is not good v bad, it’s preventing the bad from getting worse.’ Published 09 Jul, 2021 04:25am
KP CM announces special package for Jani Khel PESHAWAR: KP Chief Minister Mahmood Khan Thursday announced a special development package of Rs 2 billion for Jani... Published 09 Jul, 2021 04:25am
Stocks S&P, Nasdaq post record highs NEW YORK: US stocks ended higher on Wednesday and the S&P 500 and Nasdaq notched record closing highs after... Published 09 Jul, 2021 04:25am
Stocks Thursday's early trade: Main indexes down NEW YORK: Wall Street's main indexes fell on Thursday as the spread of the Covid-19 Delta variant cast doubts over ... Published 09 Jul, 2021 04:25am
Stocks Most Gulf bourses down after explosion at Jebel Ali Port DUBAI: Most Gulf bourses ended lower on Thursday, following a fire at Dubai's Jebel Ali Port - the Middle East's... Published 09 Jul, 2021 04:25am
Stocks European stocks sink AMSTERDAM/LONDON: European stocks sank on Thursday, posting their worst session in two months with all sectors in ... Published 09 Jul, 2021 04:25am
Stocks China stocks lower SHANGHAI: China stocks closed lower on Thursday, weighed down by financial and energy firms, while investors ... Published 09 Jul, 2021 04:25am
Stocks Japanese shares fall TOKYO: Japanese shares fell on Thursday, as the country's plan to reintroduce a state of emergency to contain a... Published 09 Jul, 2021 04:25am
Stocks Worst day in nearly three weeks for FTSE 100 LONDON: London's FTSE 100 posted its biggest drop in three weeks on Thursday, weighed down by heavyweight financials... Published 09 Jul, 2021 04:25am
PAPA's projects: Sarwar forms body to expedite work LAHORE: To expedite the work on the projects of Punjab Aab-e-Pak Authority (PAPA), Punjab Governor Chaudhry Muhammad... Published 09 Jul, 2021 04:25am
Natural calamities, disasters: PDMA to establish rural emergency centres LAHORE: Punjab Disaster Management Minister Mian Khalid Mehmood has said that to provide immediate relief during... Published 09 Jul, 2021 04:25am
Traders threaten countrywide agitation if Section 203-A not withdrawn LAHORE: Traders have threatened to launch a countrywide agitation from the platform of the Federation of Pakistan... Published 09 Jul, 2021 04:25am
The Weather KARACHI: The weather report on Thursday (July 8, 2021) and the forecast for Friday (July 9, 2021).... Published 09 Jul, 2021 04:25am
Rates.LME LME official prices LONDON: The following were Wednesday official prices.... Published 09 Jul, 2021 04:25am
Rates.Ports Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (July 8, 2021).... Published 09 Jul, 2021 04:25am
Rates.The Rupee THE RUPEE: Loss vs USD continues KARACHI: On Thursday, PKR continued its fall against USD in both interbank and open markets going below 160 in open... Published 09 Jul, 2021 04:25am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Thursday (July 8, 2021).... Published 09 Jul, 2021 04:25am
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 09 Jul, 2021 04:25am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Thursday (July 8, 2021).... Published 09 Jul, 2021 04:25am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on... Published 09 Jul, 2021 04:25am
Rates.PSX BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 09 Jul, 2021 04:25am
Rates.PSX Dividend/Bonus Announcements KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.... Published 09 Jul, 2021 04:25am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 09 Jul, 2021 04:25am
Rates.PSX Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 09 Jul, 2021 04:25am
Rates.PSX Clearing Schedule for T+2 System KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System.... Published 09 Jul, 2021 04:25am
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 09 Jul, 2021 04:25am
Rates.JLI JLI MEESEQ Fund Rates KARACHI: JLI Meeseq Fund Rates on Thursday (July 8, 2021). ======================== Offer Price 1,232.8047 Bid... Published 09 Jul, 2021 04:25am
Rates.KIBOR Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Thursday (July 8, 2021). ========================== KIBOR... Published 09 Jul, 2021 04:25am
Rates.LIBOR LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Thursday (July 8, 2021).... Published 09 Jul, 2021 04:25am
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 09 Jul, 2021 04:25am
Rates.LIBOR LIBOR calculating interest on US dollar KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Thursday (July 8, 2021).... Published 09 Jul, 2021 04:25am
Rates.SBP State Bank of Pakistan conversion rates KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates,... Published 09 Jul, 2021 04:25am
Taxes FY2020-21: Collectorate of Customs (Enforcement) surpasses revenue target PESHAWAR: The Collectorate of Customs (Enforcement) Peshawar surpassed the assigned target of Customs Duty for the... Published 09 Jul, 2021 04:25am
Talking to Baloch insurgents EDITORIAL: Prime Minister (PM) Imran Khan’s visit to Gwadar on July 5, 2021 provided him the opportunity to ... Published 09 Jul, 2021 04:25am
Diversifying external debt sources EDITORIAL: Earlier this week, the government raised $1 billion from the international bond market in Euro bonds in... Published 09 Jul, 2021 04:25am
Queen Elizabeth treads cobbles on set of longest-running soap The British show is recognised by Guinness World Records as the world’s longest running television soap, on air for 60 years. Updated 09 Jul, 2021 11:34am
Commodities Japan rubber futures slide TOKYO: Japanese rubber futures slid on Thursday for a second day on worries over slower demand as the spread of the... Published 09 Jul, 2021 04:25am
Cotton & Textile New York cotton NEW YORK: The following were the fluctuations observed during the day:... Published 09 Jul, 2021 04:25am
Cotton & Textile Cotton futures end 4-session run of gains NEW YORK: ICE cotton dipped by more than 1% on Thursday, with negative sentiment across major US markets and Chicago... Published 09 Jul, 2021 04:25am