Pak-Uzbek ties make big leap forward Prime Minister Imran Khan says both countries share same objective of lifting people out of poverty, increasing trade and economic ties Welcomes agreements signed between the countries' private sectors Updated 16 Jul, 2021 09:46am
Petrol price hiked by Rs5.40/litre ISLAMABAD: The government has increased petrol price by Rs5.40 per litre and High-Speed Diesel (HSD) by Rs2.54 per... Published 16 Jul, 2021 04:40am
RDS joins Google Cloud Partner Advantage programme KARACHI: REDtone group today announced that REDtone Digital Services (RDS) has joined the Google Cloud Partner... Published 16 Jul, 2021 04:34am
APPSCA rejects schools’ closure KARACHI: All Pakistan Private Schools and Colleges Association’s (APPSCA) General Secretary, Sindh, Zubair Ahmed... Published 16 Jul, 2021 04:34am
Former President Mamnoon Hussain laid to rest KARACHI: Former President Mamnoon Hussain was laid to rest on Thursday at DHA graveyard amid sobs and tears.... Published 16 Jul, 2021 04:34am
BMG, KCCI condole death of Mamnoon KARACHI: The leadership of Businessmen Group (BMG) and office bearers of the Karachi Chamber of Commerce &... Published 16 Jul, 2021 04:34am
Covid-19: Business community concerned over closing down of businesses KARACHI: Chairman Businessmen Group (BMG) & Former President KCCI Zubair Motiwala and President Karachi Chamber... Published 16 Jul, 2021 04:34am
PHA to develop Asia’s largest ‘Miyawaki Urban Forest’ in Lahore LAHORE: On the directions of Chief Minister Sardar Usman Buzdar, the Parks & Horticulture Authority (PHA) Lahore... Published 16 Jul, 2021 04:34am
PSM assets: PC Board to approve revised valuation of PSM today ISLAMABAD: The Privatisation Commission (PC) Board is to meet on Friday (July 16) to approve revised valuation of... Published 16 Jul, 2021 04:34am
Moinuddin Haider tests positive for corona KARACHI: Former Governor Sindh Moinuddin Haider has tested positive for coronavirus pandemic here on Thursday.... Published 16 Jul, 2021 04:34am
Chery Pakistan seeks applications for potential 3S dealers nationwide KARACHI: Recently, Chery Pakistan shared a post on its digital media platforms seeking applications for the ... Published 16 Jul, 2021 04:34am
Army captain, sepoy martyred in Pasni IED blast RAWALPINDI: An army captain and a sepoy were martyred in a bomb blast in a market in Pasni. According to a ... Published 16 Jul, 2021 04:34am
NUST signs agreement with consortium for development of technology park ISLAMABAD: The National University of Sciences & Technology (NUST) signed an agreement with a multinational... Published 16 Jul, 2021 04:34am
Software application: Apna Tax app announces latest version KARACHI: Apna Tax is pleased to announce the latest version of its flagship software application that removes the... Published 16 Jul, 2021 04:34am
Qatar announces visa-on-arrival for Pakistanis DOHA: Qatar on Thursday announced a tourist visa-on-arrival facility for Pakistani nationals. Pakistani tourists... Published 16 Jul, 2021 04:34am
Series against England: Hafeez hopes to show good performance LAHORE: Terming the T20I series starting from Friday against England as crucial for Pakistan, all-rounder Mohammad... Published 16 Jul, 2021 04:34am
Pakistan, Uzbekistan agree to strengthen ties TASHKENT: Pakistan and Uzbekistan have agreed to strengthen their multifaceted ties in political, trade and ... Published 16 Jul, 2021 04:34am
386 fresh cases, 13 deaths reported: Corona positivity rate increases to 2.22pc in Punjab LAHORE: With surge in virus cases, the overall corona positivity rate in Punjab has increased to 2.22 percent, as ... Published 16 Jul, 2021 04:34am
Publishing content against Pak values not allowed: Ashrafi LAHORE: Special Aide to Prime Minister on Interfaith Harmony Hafiz Tahir Mehmood Ashrafi said any content written... Published 16 Jul, 2021 04:34am
Ex-commissioner Rawalpindi, land acquisition collector remanded LAHORE: A city magistrate on Thursday remanded former commissioner Rawalpindi Capt Muhammad Mahmood (Retd) and land... Published 16 Jul, 2021 04:34am
Fair recruitment of judges: NA panel seeks advice from PBC, MoL ISLAMABAD: A National Assembly panel on Thursday invited recommendations from the Pakistan Bar Council (PBC) and the... Published 16 Jul, 2021 04:34am
Pak-Iran rail service suspended after rains CHAGHI: The Pak-Iran railway service was suspended after heavy rains in Chaghi, Balochistan on Thursday. According... Published 16 Jul, 2021 04:34am
Sindh govt to be pressured into separating IPMR from Dow University: JI KARACHI: Jamaat-e-Islami (JI) Karachi chief Engr Hafiz Naeemur Rehman on Thursday said that the Sindh government ... Published 16 Jul, 2021 04:34am
Merkel visits White House in swan song WASHINGTON: Chancellor Angela Merkel visits the White House in her diplomatic swan song Thursday, underlining how... Published 16 Jul, 2021 04:34am
Lebanon’s PM designate Hariri says won’t form govt BEIRUT: Lebanon’s prime minister-designate Saad Hariri stepped down Thursday, saying he was unable to form a... Published 16 Jul, 2021 04:34am
At least 42 dead in Germany as storms ravage Europe MAYEN, (Germany): Heavy rains and floods lashing western Europe have killed at least 42 people in Germany and left... Published 16 Jul, 2021 04:34am
Blue Origin says will fly 18-year-old to space on 20th WASHINGTON: Blue Origin said Thursday an 18-year-old paying customer will fly to space on board the company’s... Published 16 Jul, 2021 04:34am
US offers rewards to stop foreign ransomware attacks WASHINGTON: The United States on Thursday offered $10 million rewards for information on online extortionists abroad... Published 16 Jul, 2021 04:34am
UK fintech bank Revolut worth $33bn after investment LONDON: British fintech bank Revolut on Thursday said it was worth $33 billion, on a par with some of the UK’s... Published 16 Jul, 2021 04:34am
Facebook says Iran-based spies targeted defense workers SAN FRANCISCO: Facebook on Thursday said it disrupted an Iran-based espionage operation targeting defense and... Published 16 Jul, 2021 04:34am
Dutch crime reporter dies after shooting THE HAGUE: Dutch crime reporter Peter R. de Vries, who was critically wounded after being shot in broad daylight in... Published 16 Jul, 2021 04:34am
WHO warns of ‘dangerous’ variants as Covid cases rise globally PARIS: The World Health Organization (WHO) warned Thursday that “more dangerous” variants of Covid-19 could tear... Published 16 Jul, 2021 04:34am
Taliban, Afghan leaders agree on ceasefire in western province KABUL: An Afghan official said Thursday a ceasefire had been negotiated with local Taliban leaders in a western... Published 16 Jul, 2021 04:34am
Beyond Meat opens JD.com store amid China consumer caution on meat substitutes BEIJING: Beyond Meat said on Thursday it has launched an online store in China on JD.com’s ecommerce platform, as... Published 16 Jul, 2021 04:34am
Fresh travel curbs amid Covid-19 surge mars outlook for Asian jet fuel demand SINGAPORE: Fresh travel restrictions due to a resurgence in Covid-19 infections have dashed hopes for a recovery in... Published 16 Jul, 2021 04:34am
Taxes PLRA registers Rs22bn growth in revenue LAHORE: The Punjab Land Records Authority (PLRA) has registered an increase of Rs22 billion in its revenue by... Published 16 Jul, 2021 04:34am
Rates KSE-100 Index regains footing: BRIndex100 edges up KARACHI: Pakistan Stock Exchange Thursday witnessed a positive trend and closed in green territory due to fresh... Published 16 Jul, 2021 04:34am
Road to talks with Delhi passes from Srinagar: Qureshi TASHKENT: Foreign Minister Shah Mahmood Qureshi said the road to talks with Delhi passes from Srinagar, with such an... Updated 16 Jul, 2021 09:51am
JCP recommends Justice Naeem as BHC CJ ISLAMABAD: The Judicial Commission of Pakistan (JCP) on Thursday recommended the name of Justice Naeem Akhtar ... Published 16 Jul, 2021 04:34am
Maryam says conspiracy hatched to assassinate Nawaz in jail PALLANDRI: Pakistan Muslim League-Nawaz (PML-N) vice president Maryam Nawaz on Thursday alleged that a conspiracy ... Published 16 Jul, 2021 04:34am
Awareness about plastic recycling: Unilever Pakistan collaborates with Parks & Horticulture, KMC to set up public space KARACHI: Unilever Pakistan has collaborated with the Parks & Horticulture Department, KMC to set up a public... Published 16 Jul, 2021 04:34am
Mamnoon Hussain’s services eulogised KARACHI: Tin Plate Merchant Association (TPMA) Chairman Tasleem Qureshi has condoled the sad demise of ex-president... Published 16 Jul, 2021 04:34am
Moonis unlikely to accept water ministry ISLAMABAD: Moonis Elahi, scion of Chaudhry Pervaiz Elahi, Speaker Punjab Assembly, is unlikely to accept... Published 16 Jul, 2021 04:34am
Experts concerned over destruction of Indus Delta HYDERABAD: Experts and environmentalists at a seminar expressed grave concerns over the destruction of Indus Delta... Published 16 Jul, 2021 04:34am
Thar Foundation partners with HDF to train Thari women HYDERABAD: With an aim to empower Thari women and promote girls’ education and bio-saline agriculture in selected... Published 16 Jul, 2021 04:34am
Central Asia connectivity: Govt considering offering soft loans to transporters KARACHI: The federal government is contemplating to offer soft loans for the transporters to upgrade the country’s... Published 16 Jul, 2021 04:34am
Mega money-laundering case against Zardari, Talpur: Non-bailable arrest warrants for two accused issued ISLAMABAD: The Accountability Court hearing multi-billion rupees fake bank accounts cases, on Thursday, issued... Published 16 Jul, 2021 04:34am
UAE clarification on vaccination certificate ISLAMABAD: The Embassy of the United Arab Emirates in Islamabad, on Thursday, clarified that the attestation of... Published 16 Jul, 2021 04:34am
Bus blast probe: Govt says traces of explosives detected ISLAMABAD/BEIJING: Pakistan said on Thursday traces of explosives had been detected during an initial investigation... Published 16 Jul, 2021 04:34am
Country sees alarming rise in Covid-19 cases ISLAMABAD: Chairman of the National Command and Operation Center (NCOC) Asad Umar Thursday said the Covid-19 cases ... Published 16 Jul, 2021 04:34am
Withholding agents ‘Reconciliation of statements with declared amounts a must’ ISLAMABAD: The Finance Act 2021 has made it mandatory for the withholding agents to reconcile annual withholding tax... Published 16 Jul, 2021 04:34am
KW&SB still unable to restore 100pc water supply from Dhabeji KARACHI: Karachi Water & Sewerage Board (KW&SB) has still not been able to ensure a 100 percent supply of... Published 16 Jul, 2021 04:34am
PM hails growth in housing finance: FIs achieve 97pc of June target: Baqir KARACHI: Housing and construction finance continues to increase, supported by favourable government policies and... Published 16 Jul, 2021 04:34am
Remembering Mahbubul Haq It is early 1964. The Second Five-Year (1960-65) Plan is progressing successfully and preparations for launching the... Published 16 Jul, 2021 04:34am
South Africa hikes troop deployment against looters The death toll in South Africa’s unrest rose to 117 on Thursday as the country called up its army reserves in a ... Published 16 Jul, 2021 04:34am
Towards better global corporate tax regime ‘Since the 1980s, countries have competed for business by reducing companies’ taxes. A few nations, like Ireland... Published 16 Jul, 2021 04:34am
Letters ‘Pakistan: ML/CFT challenges in trade’ This is apropos a Business Recorder op-ed “Pakistan: ML/CFT challenges in trade” carried by the newspaper... Published 16 Jul, 2021 04:34am
PARTLY FACETIOUS: Gandapur doesn’t wear yellow “What was the significance of wearing yellow while giving a speech in Azad Jammu & Kashmir…” “I know ... Published 16 Jul, 2021 04:34am
TEVTA celebrates World Skills Day LAHORE: Technical Education and Vocational Training Authority (TEVTA) celebrated World Skills Day here on Thursday.... Published 16 Jul, 2021 04:34am
Avenfield reference: IHC grants Maryam one day exemption from personal appearance ISLAMABAD: The Islamabad High Court (IHC), on Thursday, granted the Pakistan Muslim League-Nawaz (PML-N) Vice... Published 16 Jul, 2021 04:34am
Urban flooding as heavy rain lashes Karachi KARACHI: Heavy rain hit city on Thursday night, making the hot weather pleasant while inundating roads and low-lying... Published 16 Jul, 2021 04:34am
Agri tax far less than potential: All equity may be taxed equally: WB webinar ISLAMABAD: Pakistan is collecting around Rs4 billion tax from agriculture income against the potential of Rs150... Published 16 Jul, 2021 04:34am
Golden jubilee celebration: CJCSC highlights HIT’s role in changing strategic, security environment TAXILA: Chairman Joint Chiefs of Staff Committee (CJCSC) General Nadeem Raza on Thursday attended the golden jubilee... Published 16 Jul, 2021 04:34am
President visits ISI headquarters ISLAMABAD: President Dr Arif Alvi visited the Inter-Services Intelligence (ISI) headquarters on Thursday and ... Published 16 Jul, 2021 04:34am
PTI comes down hard on CB administration in Abbottabad ISLAMABAD: Ahead of local government elections in 42 Cantonment Boards (CBs) across the country scheduled for... Published 16 Jul, 2021 04:34am
Stocks S&P cuts Indonesia GDP growth forecast, warns of pressure on credit conditions JAKARTA: Indonesia’s growing Covid-19 outbreak is adding downside pressures on the country’s economy and credit... Published 16 Jul, 2021 04:34am
Stocks Saudi index gains; other major markets ease DUBAI: Most major stock markets in the Gulf ended lower on Thursday, weighed by financial shares, while the Saudi... Published 16 Jul, 2021 04:34am
Stocks European bourses sink AMSTERDAM/LONDON: Losses on Thursday knocked European shares 1.2% off all-time highs as a clutch of dismal earnings... Published 16 Jul, 2021 04:34am
Stocks China shares up SHANGHAI: China stocks closed higher on Thursday with banks and the electric vehicle sector leading gains, as... Published 16 Jul, 2021 04:34am
Stocks Thursday’s early trade: Wall Street falls as growth stocks slip NEW YORK: US stock indexes fell on Thursday as a rally in growth stocks ran out of steam, while economically... Published 16 Jul, 2021 04:34am
Stocks S&P ends higher • BofA slips as low interest rates hurt lending business • American Airlines up on positive forecast NEW YORK:... Published 16 Jul, 2021 04:34am
Stocks Australian, NZ shares down SYDNEY/WELLINGTON: Australian shares closed lower on Thursday, with buy-now, pay-later and bank shares leading... Published 16 Jul, 2021 04:34am
Stocks Drugmakers, oil majors drag FTSE lower; Avast surges LONDON: London’s FTSE 100 marked its worst day in a week on Thursday dragged down by pharmaceutical and energy... Published 16 Jul, 2021 04:34am
MMBL launches ‘Dost’ app to provide complete digital banking ecosystem ISLAMABAD: Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has launched “Dost”, a... Published 16 Jul, 2021 04:34am
The Weather KARACHI: The weather report on Thursday (July 15, 2021) and the forecast for Friday (July 16, 2021).... Published 16 Jul, 2021 04:34am
Rates.The Rupee THE RUPEE: All-round loss KARACHI: On Thursday, PKR went down against USD in both interbank and open markets after recording gains yesterday.... Published 16 Jul, 2021 04:34am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Thursday (July 15, 2021).... Published 16 Jul, 2021 04:34am
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 16 Jul, 2021 04:34am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Thursday (July 15, 2021).... Published 16 Jul, 2021 04:34am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on... Published 16 Jul, 2021 04:34am
Rates.PSX BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 16 Jul, 2021 04:34am
Rates.PSX Dividend/Bonus Announcements KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.... Published 16 Jul, 2021 04:34am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 16 Jul, 2021 04:34am
Rates.PSX Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 16 Jul, 2021 04:34am
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 16 Jul, 2021 04:34am
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 16 Jul, 2021 04:34am
Rates.SBP State Bank of Pakistan conversion rates KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates,... Published 16 Jul, 2021 04:34am
Energy Oil prices sink again, as investors look out for more supply Saudi Arabia and UAE reach compromise on oil supply Investors focus on rising US product inventories Several banks... Published 16 Jul, 2021 04:34am
Cotton & Textile New York cotton NEW YORK: The following were the fluctuations observed during the day:... Published 16 Jul, 2021 04:34am
Cotton & Textile Cotton off contract high after weak export sales data NEW YORK: ICE cotton futures eased off a contract high hit earlier on Thursday after a weekly report by the US... Published 16 Jul, 2021 04:34am
Commodities Copper prices rise LONDON: Copper prices rose on Thursday as lower than expected growth from top consumer China stoked hopes for more... Published 16 Jul, 2021 04:34am
Commodities Parched Argentine river cuts into grains exports BUENOS AIRES: Ships leaving the Argentine agricultural ports hub of Rosario on the Parana River are having to reduce... Published 16 Jul, 2021 04:34am
Commodities Palm oil hits six-week peak KUALA LUMPUR: Malaysian palm oil futures climbed more than 3% to hit a six-week high on Thursday, lifted by higher... Published 16 Jul, 2021 04:34am
Commodities Top steelmaker China Baowu plans 50bn yuan carbon fund BEIJING: The world’s biggest steel producer China Baowu Steel Group has signed an agreement with partners on... Published 16 Jul, 2021 04:34am
Commodities Euronext wheat at two-week high PARIS: Euronext wheat extended gains on Thursday to a two-week high in step with Chicago futures as drought... Published 16 Jul, 2021 04:34am
Commodities Raw sugar extends recovery but upside capped, cocoa falls LONDON: Raw sugar futures on ICE edged up on Thursday, extending a recovery from Tuesday’s two-week lows, while... Published 16 Jul, 2021 04:34am
Commodities Gold prices climb in Asia SINGAPORE: Gold prices climbed to a one-month peak in Asian trade on Thursday after US Federal Reserve Chair Jeremy... Published 16 Jul, 2021 04:34am
Commodities Gold falls in Europe • Platinum hits one-month high AMSTERDAM/LONDON: Gold edged off a one-month peak on Thursday, weighed down by a... Published 16 Jul, 2021 04:34am
Commodities US MIDDAY: Wheat climbs; soyabeans sag CHICAGO: US wheat futures rose about 2% on Thursday, led by Minneapolis Grain Exchange (MGEX) spring wheat futures,... Published 16 Jul, 2021 04:34am
Commodities US MIDDAY: Gold scales 1-month peak NEW YORK: Gold hit a one-month peak on Thursday, spurred by US Federal Reserve Chair Jerome Powell’s dovish... Published 16 Jul, 2021 04:34am