Receivables, payable cases: PC seeks power to frame settlement rules Wants to formulate comprehensive rules for settlement of outstanding receivables and payable cases for the approval of the Federal Government Updated 12 Jul, 2021 11:16am
Six labourers injured in coalmine explosion QUETTA: Six coal miners sustained burn injuries in an explosion that occurred in coal mine in Marwar area of... Published 12 Jul, 2021 05:43am
Mass evacuation as under construction dam develops crack QUETTA: Hundreds of people evacuated as an under-construction dam in Sorab area has developed a crack on Sunday. As... Published 12 Jul, 2021 05:43am
Several KP politicians: Authorities take back special security PESHAWAR: The concerned authorities on Sunday have withdrawn special police security from several politicians in... Published 12 Jul, 2021 05:43am
Commodities Cherries growers eying vast Chinese market BEIJING: Pakistani cherries farmers are eying vast market of China as demand of this fruit is increasing among the... Published 12 Jul, 2021 05:42am
AVLC arrests gang of car lifters KARACHI: Seven-member suspected gang of cars lifter including two women were arrested by the Anti-Vehicles Lifting... Published 12 Jul, 2021 05:41am
Letters Judges asked to avoid using social media This is apropos a Business Recorder news item "LHC asks judges of lower judiciary to avoid using social media"... Published 12 Jul, 2021 05:41am
Rates Over a rupee fall KARACHI: PKR experienced a net fall of more than one rupee over the week against USD in both interbank and open... Published 12 Jul, 2021 05:26am
Messi ends trophy drought as Argentina win Copa America RIO DE JANEIRO: Superstar Lionel Messi won his first trophy with his national team as Angel Di Maria's goal gave... Published 12 Jul, 2021 05:26am
Mexico held to goalless draw by Trinidad in Gold Cup opener LOS ANGELES: Defending champions Mexico were held to a goalless draw by Trinidad and Tobago in their Gold Cup opener... Published 12 Jul, 2021 05:26am
Bangladesh see off late resistance to crush Zimbabwe HARARE: Some resolute batting and dropped catches held up Bangladesh before they completed a crushing 220-run win... Published 12 Jul, 2021 05:26am
Hetmyer powers Windies to seize 2-0 series lead GROS-ISLET, (Saint Lucia): Shimron Hetmyer led a formidable West Indies batting effort on the way to a comfortable... Published 12 Jul, 2021 05:26am
BoP sponsors Junior National Tennis Championship LAHORE: The Bank of Punjab has always been on the forefront when it comes to empowerment of the youth. BoP sponsored... Published 12 Jul, 2021 05:26am
Goolagong Cawley hails 'little sister' Barty after Wimbledon win SYDNEY: Evonne Goolagong Cawley Sunday said she couldn't be more proud of "little sister" Ashleigh Barty after the... Published 12 Jul, 2021 05:26am
Nigeria shock US in pre-Olympic basketball friendly LOS ANGELES: Nigeria shocked the United States 90-87 in a pre-Olympic basketball friendly in Las Vegas, Nevada, on... Published 12 Jul, 2021 05:26am
Only 20pc of above 50 years receive vaccine: Umar ISLAMABAD: Minister for Planning, Development and Special Initiatives Asad Umar Sunday urged the citizens aged 50... Published 12 Jul, 2021 05:26am
Industry Knitwear exports increase by 32.70pc ISLAMABAD: The exports of knitwear during eleven months of FY 2020-21 grew by 32.70 percent as compared to the... Published 12 Jul, 2021 05:26am
60 years, above urged to get vaccinated ISLAMABAD: Minister for Planning, Development and Special Initiative, Asad Umar urged 60 years and above to get... Published 12 Jul, 2021 05:26am
Murtaza inspects sanitation, drainage works KARACHI: Barrister Murtaza Wahab Spokesperson of Sindh Government and Advisor to CM Sindh on Law, Environment,... Published 12 Jul, 2021 05:26am
Citizens asked to strictly observe Covid-19 SOPs ISLAMABAD: The Ministry of National Health Services, Regulations, and Coordination on Sunday asked the citizens to... Published 12 Jul, 2021 05:26am
ECOSOC chief warns of serious clean water shortage by 2050 UNITED NATIONS: The President of United Nations Economic and Social Council (ECOSOC), Pakistani Ambassador Munir... Published 12 Jul, 2021 05:26am
PTI govt's only agenda to divide Kashmir: Maryam HATTYAN BALA: Pakistan Muslim League-Nawaz (PML-N) vice president Maryam Nawaz said on Sunday she and her father... Published 12 Jul, 2021 05:26am
Japanese navy ship conducts drills in Karachi KARACHI: Japanese Maritime Self Defence Force (JMSDF) ship YUUGIRI visited Karachi port. An impressive reception was... Published 12 Jul, 2021 05:26am
Systems Limited launches Studio 77 KARACHI: Systems Limited is ready to explore a new approach to design as it reimagines its creative workspace, ... Published 12 Jul, 2021 05:26am
Srebrenica victims buried 26 years after genocide SREBRENICA, (Bosnia and Herzegovina): The remains of 19 more victims of the Srebrenica massacre of Bosnian Muslims... Published 12 Jul, 2021 05:26am
Middle East Qatar sets up supervisory body for first legislative elections DUBAI: Qatar has set up a committee to oversee its first legislative elections, due to be held in October, its... Published 12 Jul, 2021 05:26am
Middle East Oman's Sultan visits Saudi Arabia on first overseas trip DUBAI: Oman's Sultan visited Saudi Arabia on Sunday on his first official overseas trip since assuming power last... Published 12 Jul, 2021 05:26am
Middle East Egypt's foreign minister meets Israeli counterpart CAIRO: Egypt's Foreign Minister Sameh Shoukry met his Israeli counterpart Yair Lapid in Brussels on Sunday for the... Published 12 Jul, 2021 05:26am
Millions sweltering in US west as Canada takes emergency steps LOS ANGELES: Millions of people across the western United States and Canada were hit Sunday by a new round of... Published 12 Jul, 2021 05:26am
Europe Spain roasts in sizzling heat MADRID: A heat wave enveloped much of Spain on Sunday, driving temperatures to extreme levels and sending locals and... Published 12 Jul, 2021 05:26am
Leaders of China and North Korea vow to strengthen ties: KCNA SEOUL: Chinese President Xi Jinping and North Korean leader Kim Jong Un have vowed to bring their relations to a ... Published 12 Jul, 2021 05:26am
Europe No clear winner emerges from Bulgarian parliamentary election SOFIA: No clear winner emerged from Bulgaria's parliamentary election on Sunday, exit polls showed, with the... Published 12 Jul, 2021 05:26am
Thousands rally in Georgia after death of TV cameraman TBILISI: Thousands rallied in Georgia on Sunday demanding the government resign following a TV cameraman's death... Published 12 Jul, 2021 05:26am
Australia records first death in Sydney virus outbreak SYDNEY: Australia announced its first coronavirus-related death in the current Sydney virus outbreak on Sunday, as... Published 12 Jul, 2021 05:26am
Haiti suspects say they meant to arrest, not kill president PORT-AU-PRINCE: A group of Colombians and Haitian Americans suspected of assassinating Haitian President Jovenel... Published 12 Jul, 2021 05:26am
Polish zloty to regain lost ground PRAGUE: Poland's zloty should gain almost 6% over the next 12 months, reclaiming lost ground after falling to a... Published 12 Jul, 2021 05:26am
Asia South Korean toilet turns excrement into power and digital currency ULSAN, (South Korea): Using a toilet can pay for your coffee or buy you bananas at a university in South Korea, ... Published 12 Jul, 2021 05:26am
South Asia India's Covid-19 wave hits TCS profits MUMBAI: The coronavirus wave that hit India this year badly ate into the earnings of the country's biggest software... Published 12 Jul, 2021 05:26am
Middle East Dubai does it again: now world's deepest pool DUBAI: The city of superlatives with the world's tallest tower among its many records, Dubai now has the deepest... Published 12 Jul, 2021 05:26am
Rates PSX remains under pressure: BRIndex100 tumbles KARACHI: Pakistan Stock Exchange (PSX) remained under pressure during the outgoing week ended on July 09, due to... Published 12 Jul, 2021 05:26am
Rates Futures decline by 290bps KARACHI: The futures spread declined by 290bps to 7.39 percent on the last day of outgoing week. Trading activities... Published 12 Jul, 2021 05:26am
Contingent liabilities Finance Minister Shaukat Tarin in his budget speech stated that "although losses of PIA and Steel Mills have been... Published 12 Jul, 2021 05:26am
Kleptocracy, hypocrisy, yet democracy Not again. Corruption, corruption, corruption. Doesn't he have any other topic? It is just a cover-up for... Published 12 Jul, 2021 05:26am
With Afghan pullout, US ditches 'forever wars' Joe Biden's pullout from Afghanistan has stunned with its speed, but Washington already decided four years ago that... Published 12 Jul, 2021 05:26am
Saud Shakeel grabs attention in 2nd ODI LAHORE: Middle order batsman and bowler Saud Shakeel (25) who scored a gutsy half-century against England at Lord's... Updated 12 Jul, 2021 07:41pm
Model found dead LAHORE: A female model was found dead under mysterious circumstances at her residence in Lahore's Defence Housing... Published 12 Jul, 2021 05:26am
Medium flood likely in River Jhelum: FFC ISLAMABAD: The Federal Flood Commission (FFC) has predicted sharp peaks of Medium Flood in River Jhelum (upstream... Published 12 Jul, 2021 05:26am
CM condoles death of Pir Pagara's mother LAHORE: Punjab Chief Minister Sardar Usman Buzdar has expressed deep sense of sorrow and grief over the sad demise ... Published 12 Jul, 2021 05:26am
Pakistan not supporting any group in Afghanistan: governor LAHORE: Pakistan was neither supporting nor opposing any group in Afghanistan and the decision on Afghanistan was ... Updated 12 Jul, 2021 07:40pm
PM may not visit AJK ahead of general elections ISLAMABAD: Prime Minister Imran Khan may not visit Azad Jammu and Kashmir (AJK) ahead of July 25 general elections... Published 12 Jul, 2021 05:26am
$503.910m earned by exporting transport services in 10 months ISLAMABAD: Pakistan earned US $ 503.910 million by providing different transport services in various countries ... Published 12 Jul, 2021 05:26am
PM expresses resolve for clean, green Pakistan ISLAMABAD: Prime Minister Imran Khan Sunday expressed his strong resolve to leave 'a clean and green Pakistan for... Published 12 Jul, 2021 05:26am
SCO council meeting: Qureshi leaves for Tajikistan ISLAMABAD: Foreign Minister Makhdoom Shah Mahmood Qureshi will lead the Pakistan delegation at the Meeting of the ... Published 12 Jul, 2021 05:26am
Rain emergency declared in district South KARACHI: The Administration of District South has declared rain emergency in view of the forecast about rainfall in... Published 12 Jul, 2021 05:26am
Encroachments: Business community assures cooperation PESHAWAR: Business community has assured district administration of its full cooperation against encroachments in... Published 12 Jul, 2021 05:26am
Smart lockdown enforced in Balochistan QUETTA: Liaquat Shahwani, Spokesperson for provincial government has said that smart lockdown in the Balochistan had... Published 12 Jul, 2021 05:26am
KP CM directs completion of formalities for PSDP projects PESHAWAR: KP Chief Minister Mahmood Khan Sunday directed the authorities concerned to take steps for timely... Published 12 Jul, 2021 05:26am
Citizens gear up to finalise Eid shopping, buying animals ISLAMABAD: With only around a week left in the religious festival of Eid-ul-Azha, majority of the people have ... Published 12 Jul, 2021 05:26am
Cotton & Textile Weekly Cotton Report: Prices, trading volume continue to rise KARACHI: The bullish trend was witnessed in the rate of cotton in the local cotton market during the last week... Published 12 Jul, 2021 05:26am
PSP issues handbill for solutions of country's problems KARACHI: Pak Sarzameen Party Chairman Syed Mustafa Kamal on Sunday issued a handbill for what he said 'workable'... Published 12 Jul, 2021 05:26am
Sindh reports 1,118 new Covid-19 cases KARACHI: At least eight more patients of Covid-19 died overnight lifting the death toll to 5,607 and 1,118 new cases... Published 12 Jul, 2021 05:26am
Energy 90pc work on white oil pipeline's dualization completed ISLAMABAD: The Petroleum Division has 'technically' completed 90 per cent work on dualization of the White Oil... Updated 12 Jul, 2021 06:01am
Punjab allocates district development package worth Rs360bn LAHORE: Punjab Chief Minister Sardar Usman Buzdar has said that for the first time in the history of the country, a... Updated 12 Jul, 2021 05:58am
Project being launched to identify earthquakes, landslide hotspots ISLAMABAD: Geological experts are all set to start work on a project, during the current fiscal year, to compile ... Updated 12 Jul, 2021 05:51am
Pak-Afghan border: Only two points to be opened: Rashid ISLAMABAD: Federal Minister for Interior Shaikh Rashid Ahmed said on Sunday that that the government has decided to... Updated 12 Jul, 2021 07:39pm
Consultations begin to amend SRO 760(1)/2013 LAHORE: The federal government has started holding consultative sessions seeking guidelines from businessmen... Updated 12 Jul, 2021 05:48am
Stocks Wall Street week ahead: Investors eager for earnings amid growth concerns NEW YORK: Investors are looking to US companies' upcoming quarterly results and forecasts about the recovery in the... Published 12 Jul, 2021 05:26am
Stocks IPO review of firms: China widens clampdown on overseas listings SHANGHAI: China's cyberspace regulator said on Saturday any company with data for more than 1 million users must... Published 12 Jul, 2021 05:26am
Stocks Saudi index drags most Gulf bourses lower; Abu Dhabi gains DUBAI: Most major stock markets in the Gulf ended lower on Sunday, with Saudi Arabia leading the losses, although ... Published 12 Jul, 2021 05:26am
Falling US bond yields may signal death knell for 'reflation' stock trade NEW YORK: Stock investors are watching the dramatic moves in the Treasury market for clues on the fate of one of ... Published 12 Jul, 2021 05:26am
Robinhood gives founders second chance at $1.4bn windfall NEW YORK: Stock-trading app Robinhood Markets Inc is giving its billionaire founders four more years to hit share... Published 12 Jul, 2021 05:26am
Energy Syria govt raises bread, diesel prices as crisis deepens DAMASCUS: Steep bread and diesel price hikes went into force in government-held parts of war-torn Syria on Sunday,... Published 12 Jul, 2021 05:26am
KPT chief inspects Oil Pier-I ISLAMABAD: Chairman Karachi Port Trust (KPT) Nadir Mumtaz on Sunday inspected Oil Pier-I and directed concerned... Published 12 Jul, 2021 05:26am
AJK president seeks role of mosques, madaris to raise Kashmir issue MIRPUR [AJK]: Azad Jammu and Kashmir (AJK) President Sardar Masood Khan Sunday called upon the Muslim scholars of ... Published 12 Jul, 2021 05:26am
Prosperous family: President underlines need for awareness ISLAMABAD: President Dr Arif Alvi on Sunday urged the people to fully support and spread the message of 'Khair ... Published 12 Jul, 2021 05:26am
Crackdown against substandard food items KARACHI: Divisional Commercial Officer Railways Karachi Nasir Nazir in a crackdown on stalls of food items,... Published 12 Jul, 2021 05:26am
Citizens urged to limit number of children ISLAMABAD: Minister for Planning, Development and Special Initiatives Asad Umar on Sunday called upon all the... Published 12 Jul, 2021 05:26am
The Weather KARACHI: The weather report on Sunday (July 11, 2021) and the forecast for Monday (July 12, 2021).... Published 12 Jul, 2021 05:26am
Rates Your rupee last week KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (July 5 to 9,... Published 12 Jul, 2021 05:26am
Rates Returns on Profit and Loss Sharing Investment Bank Accounts (JULY TO DEC 2020) KARACHI: Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and ... Published 12 Jul, 2021 05:26am
Sugar the intractable commodity EDITORIAL: Domestic sugar price continues to defy attempts by the Khan administration to bring it down through... Published 12 Jul, 2021 05:26am
Better safe than sorry EDITORIAL: It turns out, just as feared, that decision-makers at the National Command and Operations Centre (NCOC)... Published 12 Jul, 2021 05:26am
Money & Banking FINCA Microfinance Bank launches free vaccination drive for employees LAHORE: FINCA Microfinance Bank Ltd launched a free vaccination drive for its employees at its Lahore Head Office, ... Published 12 Jul, 2021 05:26am
Industry SME sector's issues to be resolved on priority basis: Dawood FAISALABAD: Advisor to Prime Minister on Commerce, Textile, Industries, Production and Investment Abdul Razak Dawood... Published 12 Jul, 2021 05:26am
Industry Textile exports: DDT incentive to remain continue: Dawood FAISALABAD: Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood has said that the real ... Published 12 Jul, 2021 05:26am
Industry 'BoI creating $50bn FDI opportunities by 2023' ISLAMABAD: The Board of Investment (BoI) is actively pursuing strategies to create opportunities for $50 billion... Published 12 Jul, 2021 05:26am
Industry Sarhad chamber criticises abolishment of cash in counter facility PESHAWAR: President, Sarhad Chamber of Commerce and Industry (SCCI), Sherbaz Bilour has expressed grave concern over... Published 12 Jul, 2021 05:26am
Commodities Upward trend in prices of essential food items witnessed PESHAWAR: Upward trend in prices of essential food commodities, especially ginger, garlic and tomatoes ahead of... Published 12 Jul, 2021 05:26am
Industry UBG welcomes appointment of Moulvi as SAPM KARACHI: United Business Group patron-in-chief S M Muneer congratulated the Prime Minister of Pakistan for choosing... Updated 12 Jul, 2021 05:53am
Industry Record revenues flow from Suez despite megaship blockage CAIRO: The Suez Canal netted Egypt a record $5.84 billion in the last tax year, its chief said Sunday, despite the... Published 12 Jul, 2021 05:26am
Taxes Multinationals tax shift unlikely until 2022, says Yellen VENICE: US Treasury Secretary Janet Yellen on Sunday said that a newly endorsed mechanism to allow more countries to... Published 12 Jul, 2021 05:26am
Money & Banking Argentina tightens dollar access via parallel FX markets BUENOS AIRES: Argentina's central bank has tightened rules on companies accessing dollars in alternative foreign... Published 12 Jul, 2021 05:26am
Industry Indian food delivery giant Zomato eyes $1.3bn IPO MUMBAI: Indian food delivery giant Zomato announced plans Thursday to raise 93.75 billion rupees ($1.3 billion) via... Published 12 Jul, 2021 05:26am
Money & Banking Speculators cut bearish dollar bets to lowest since April NEW YORK: US dollar net shorts fell to their lowest value since late April, according to calculations by Reuters and... Published 12 Jul, 2021 05:26am
Money & Banking Banks tighten grip on FX market as algo trading rises LONDON: Top global banks consolidated their stranglehold on the $6.6 trillion a day global foreign exchange market... Published 12 Jul, 2021 05:26am
Money & Banking African currencies week ahead: Kenyan, Tanzania units to remain steady, Uganda's shilling up NAIROBI: The Kenyan and Tanzanian shillings were expected to remain steady in the coming week against the US dollar,... Published 12 Jul, 2021 05:26am
Money & Banking Global banks to launch voluntary carbon offset market platform LONDON: Four global banks will next month launch a pilot platform for buying and selling voluntary carbon credits,... Published 12 Jul, 2021 05:26am
Industry Facebook leads surging 'social commerce' market WASHINGTON: Facebook is leading the fast-growing market of "social commerce" that is expected to be worth some $36... Published 12 Jul, 2021 05:26am
Industry Big insurance firms launch net-zero climate alliance MILAN: Eight of the world's leading insurance and reinsurance companies on Sunday launched an alliance to help speed... Published 12 Jul, 2021 05:26am