C/A surplus turns to deficit on higher import bill Country's import bill for the last month of FY21 was $6.32 billion Pakistan ended with a C/A deficit of $1.85 billion in FY21, against deficit of $4.449 billion in FY20 Updated 20 Jul, 2021 09:34am
Investigation shows no abduction took place: police ISLAMABAD: In what appears to be the drop scene of Afghan ambassador's daughter abduction case- the investigations ... Published 20 Jul, 2021 06:35am
Rahul Gandhi among Israeli-made software targets NEW DELHI: Prime Minister Narendra Modi's main political rival Rahul Gandhi is among dozens of Indian politicians,... Published 20 Jul, 2021 06:34am
60,000 perform Hajj: Masked pilgrims pray for Covid-free world ARAFAT: Thousands of face-masked pilgrims performing Hajj pilgrimage gathered on Mount Arafat on Monday to atone for... Published 20 Jul, 2021 06:33am
Covid-19 surge drives down shares, bond yields; oil plunges NEW YORK: Stocks on Wall Street fell around 2% on Monday, as a rise in worldwide coronavirus cases and deaths drove... Published 20 Jul, 2021 06:33am
Govt decides to reverse sales tax on sugar to ex-mill rate ISLAMABAD: The government, in order to ensure reasonable reduction in the sugar price, on Monday decided to reverse... Published 20 Jul, 2021 06:33am
Journalists ensnared in scandal PARIS: European politicians and media groups voiced outrage Monday over reports that an Israeli firm supplied phone... Published 20 Jul, 2021 06:32am
PSM chairman levels allegations against PC ISLAMABAD: Chairman, Pakistan Steel Mills (PSM) Board, Aamir Mumtaz, has reportedly accused Privatisation Commission... Updated 20 Jul, 2021 09:38am
PSM revival: Transfer of land, core assets to subsidiary discussed ISLAMABAD: The Privatisation Commission Board met Monday and discussed the allocation of 1,229 acres of land to be... Published 20 Jul, 2021 06:05am
Kamyab Jawan Program: Finance Division estimates Rs21bn budget ISLAMABAD: The Finance Division has estimated budget requirement of over Rs21 billion for providing mark-up subsidy... Published 20 Jul, 2021 04:48am
Capital market reforms: Tarin directs formation of panel for CMAC ToRs ISLAMABAD: Minister for Finance Shaukat Tarin Monday directed to form a coordination committee for smooth... Updated 20 Jul, 2021 09:44am
Forex rules related to imports amended KARACHI: The State Bank of Pakistan (SBP) has made amendments to forex regulations related to imports including... Published 20 Jul, 2021 04:26am
Taliban offensive: World community for 'urgent end' KABUL: More than a dozen diplomatic missions in Afghanistan on Monday called for "an urgent end" to the Taliban's... Published 20 Jul, 2021 04:15am
Storming of judicial compound: Three lawyers submit unconditional apologies ISLAMABAD: Three lawyers allegedly involved in storming the judicial compound on February 8 have submitted... Published 20 Jul, 2021 04:14am
Dasu incident victims: COAS extends condolences to Chinese families RAWALPINDI: Chief of Army Staff (COAS) General Qamar Javed Bajwa Monday extended heartfelt sympathies and deepest... Published 20 Jul, 2021 04:14am
US AG issues broad ban against seizing media records WASHINGTON: US Attorney General Merrick Garland formalized a new policy on Monday that broadly prohibits prosecutors... Published 20 Jul, 2021 04:14am
Middle East Iran shuts govt offices, banks as Covid spreads TEHRAN: Iran on Monday announced strict curbs in the capital Tehran and a nearby province to stem the spread of... Published 20 Jul, 2021 04:14am
US announces deal with Vietnam on currency manipulation WASHINGTON: The United States and Vietnam on Monday said they had reached an agreement to resolve a dispute over the... Published 20 Jul, 2021 04:14am
The Weather KARACHI: The weather report on Monday (July 19, 2021) and the forecast for Tuesday (July 20, 2021).... Published 20 Jul, 2021 04:14am
Corona positivity rate remains 2.08pc in Punjab LAHORE: The overall Corona positivity rate in Punjab remained 2.08 percent, as out of total 17,178 coronavirus tests... Published 20 Jul, 2021 04:14am
Chinese nationals: Punjab police to thoroughly review security arrangements LAHORE: The Punjab police have decided in principle to thoroughly review security arrangements taken for the Chinese... Published 20 Jul, 2021 04:14am
Eid holidays: CM directs action against transporters involved in overcharging LAHORE: Chief Minister Punjab Sardar Usman Buzdar has directed the Transport department and the district... Published 20 Jul, 2021 04:14am
Ashrafi urges people to observe SOPs during Eid holidays LAHORE: Chairman Pakistan Ulema Council and Special Assistant to Prime Minister on Religious Harmony Hafiz Mohammad... Published 20 Jul, 2021 04:14am
No load-shedding on Eid days: FESCO FAISALABAD: Faisalabad Electric Supply Company (FESCO) has announced that no load shedding will be held in the ... Published 20 Jul, 2021 04:14am
2,452 more Covid-19 cases reported across country ISLAMABAD: Pakistan, Monday, reported 2,452 more Covid-19 cases and 30 deaths taking the total infections tally to... Published 20 Jul, 2021 04:14am
Rawalpindi Ring Road scam: Remand of former commissioner extended LAHORE: A judicial magistrate on Monday extended physical remanded of former commissioner of Rawalpindi Capt ... Published 20 Jul, 2021 04:14am
Emerging gas crisis result of bad economic policies: Shazia ISLAMABAD: Central Information Secretary Pakistan Peoples Party-Parliamentarians (PPP-P) and member of the National... Published 20 Jul, 2021 04:14am
PML-Q's MNA Moonis takes oath as federal minister ISLAMABAD: Pakistan Muslim League (PML-Q) and Member of the National Assembly (MNA) Chaudhry Moonis Elahi, on ... Published 20 Jul, 2021 04:14am
LHC allows Punjab govt time to restore LGs till 28th LAHORE: The Lahore High Court on Monday allowed the Punjab government time for implementation of the Supreme Court... Published 20 Jul, 2021 04:14am
Panel concerned over increasing accidents on motorways ISLAMABAD: A parliamentary panel, Monday, expressing serious concern over the increase in accidents on motorways... Published 20 Jul, 2021 04:14am
River Jhelum likely to become furious in 24 to 48 hours: FFC ISLAMABAD: The Federal Flood Commission (FFC) has said medium flood is expected in rivers Indus and Kabul including... Published 20 Jul, 2021 04:14am
President for enhanced ties with Iraq ISLAMABAD: President Dr Arif Alvi on Monday stressed the need for strengthening relations with Iraq in the areas of... Published 20 Jul, 2021 04:14am
PU teachers, employees demand disparity allowance LAHORE: A press conference of Joint Action Committee of Teachers, Officers and Employees of Punjab University... Published 20 Jul, 2021 04:14am
Employees and their families: SECP asks companies to facilitate vaccination ISLAMABAD: To support the national campaign to prevent Covid-19, the Securities and Exchange Commission of Pakistan... Published 20 Jul, 2021 04:14am
Eid days: DC H'abad for implementation of Covid-19 SOPs HYDERABAD: Divisional Commissioner Hyderabad Mohammad Abbas Baloch has said that on the occasion of Eid ul Adha... Published 20 Jul, 2021 04:14am
Over 0.6m sacrificial animals sold at Sohrab Goth KARACHI: More than 0.6 million sacrificial animals have been sold here at the Asia's biggest cattle market, Sohrab... Published 20 Jul, 2021 04:14am
Australian HC greets Muslims on Eidul Azha KARACHI: On the occasion of Eidul Azha, the Australian High Commissioner to Pakistan, Dr Geoffrey Shaw said: "I send... Published 20 Jul, 2021 04:14am
Mumtaz Bhutto laid to rest KARACHI: Former Sindh chief minister Mumtaz Ali Bhutto was laid to rest after his funeral prayers were offered at ... Published 20 Jul, 2021 04:14am
Hearing in bail plea of Durrani put off KARACHI: The Sindh High Court (SHC) on Monday put off hearing of bail plea of Agha Siraj Durrani, speaker of Sindh... Published 20 Jul, 2021 04:14am
Spanish, Chinese firms to collect solid waste in Karachi KARACHI: The Sindh government has signed an agreement with Spanish and Chinese companies for waste collection in... Published 20 Jul, 2021 04:14am
PM's steps to boost ties with Uzbekistan lauded KARACHI: Prime Minister Imran Khan's steps to boost relations with Uzbekistan is a great, sincere and appreciable... Published 20 Jul, 2021 04:14am
Sindh govt to pay Rs6bn for existing KCR: Murad KARACHI: Sindh Chief Minister Syed Murad Ali Shah said that his government was committed to provide Rs6 billion for... Published 20 Jul, 2021 04:14am
Pegasus spyware: how does it work? Governments around the world are facing bombshell allegations that they used Israeli-made malware to spy on the... Published 20 Jul, 2021 04:14am
Bring me news of fresh disasters At precisely the conjuncture when Pakistan is in the process of attempting to recreate a new avatar for itself as a... Published 20 Jul, 2021 04:14am
Growth in federal tax revenues Federal tax revenues consist primarily of FBR revenues. In addition, they include other taxes like the gas... Published 20 Jul, 2021 04:14am
Letters 'The Afghan conundrum' This is apropos a Business Recorder op-ed "The Afghan conundrum" carried by the newspaper yesterday. The writer,... Published 20 Jul, 2021 04:14am
Concealment of income and unexplained assets This is the third part of a multi-part series of articles on the subject of concealment of income, anti-money... Published 20 Jul, 2021 04:14am
Rape of disabled minor girl: PM orders strict action against culprits ISLAMABAD: Prime Minister Imran Khan on Monday taking notice of the complaint of a mother regarding alleged rape of... Published 20 Jul, 2021 04:14am
Successful visit to Uzbekistan: UBG leaders congratulate Imran Khan KARACHI: The leadership of United Business Group (UBG) has emphasized on the need for organizing single country... Published 20 Jul, 2021 04:14am
PM congratulates new Nepalese counterpart ISLAMABAD: Prime Minister Imran Khan on Monday congratulated the new prime minister of Nepal Sher Bahadur Deuba on... Published 20 Jul, 2021 04:14am
NA informed: 'NIH started manufacturing PakVac from concentrate bulk in May with CanSinoBIO China' ISLAMABAD: The National Assembly was informed on Monday that the National Institute of Health (NIH) in collaboration... Published 20 Jul, 2021 04:14am
Stocks Virus worries hammer European shares to their worst day this year LONDON: European shares sank more than 2 percent on Monday, their worst session in nine months on worries that the... Published 20 Jul, 2021 04:14am
Stocks China blue chips end higher on healthcare, consumer boost SHANGHAI: China's blue-chip stock index ended higher on Monday, recouping earlier losses, boosted by healthcare and... Published 20 Jul, 2021 04:14am
Stocks Dow falls more than 2pc amid global growth, Covid-19 worries NEW YORK: Wall Street stocks tumbled early Monday, with the Dow losing more than two percent amid worries over ... Published 20 Jul, 2021 04:14am
Stocks No Freedom Day cheer for UK travel and leisure stocks LONDON: It's 'Freedom Day' as England marks the end of COVID-linked curbs, but with soaring infections expected to... Published 20 Jul, 2021 04:14am
Yarn Prices Karachi Yarn Market Rate KARACHI: Karachi Yarn Market Rates on Monday (July 19, 2021). ======================================= CONES CARDED... Published 20 Jul, 2021 04:14am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on Monday... Published 20 Jul, 2021 04:14am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 20 Jul, 2021 04:14am
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 20 Jul, 2021 04:14am
Rates LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Monday (July 19, 2021).... Published 20 Jul, 2021 04:14am
Rates 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 20 Jul, 2021 04:14am
Rates LIBOR calculating interest on US dollar KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Monday (July 19, 2021).... Published 20 Jul, 2021 04:14am
Rates 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 20 Jul, 2021 04:14am
Rates State Bank of Pakistan conversion rates KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates,... Published 20 Jul, 2021 04:14am
Rates KSE-100 Index inches up: BRIndex100 ends flat KARACHI: Pakistan Stock Exchange Monday witnessed mixed trend and after moving both ways, closed on slight positive... Published 20 Jul, 2021 04:14am
Energy US natgas headed for 30-month high NEW YORK: US natural gas futures jumped more than 2% on Monday, putting them on track for their highest close in 30... Published 20 Jul, 2021 04:14am
Energy Asia's gasoline crack slips to over 2-week low SINGAPORE: Asia's gasoline crack dipped on Monday, plunging to its lowest level in over two weeks, weighed down by... Published 20 Jul, 2021 04:14am
Energy VLSFO retreats from multi-month highs SINGAPORE: Asia's 0.5percent very low-sulphur fuel oil (VLSFO) cash premiums and front-month time-spreads slipped on... Published 20 Jul, 2021 04:14am
Rates Activities of Karachi Port and Port Qasim KARACHI: Approximately, 6281 containers comprising of 3372 containers import and 2909 containers export were handled... Published 20 Jul, 2021 04:14am
Rates LME official prices LONDON: The following were Friday official prices.... Published 20 Jul, 2021 04:14am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (July 19, 2021)... Published 20 Jul, 2021 04:14am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Monday (July 19, 2021). ======================================= Offset ... Published 20 Jul, 2021 04:14am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (July 19, 2021).... Published 20 Jul, 2021 04:14am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Monday (July 19, 2021). ======================== Bid Rate Rs... Published 20 Jul, 2021 04:14am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (July 19, 2021).... Published 20 Jul, 2021 04:14am
Rates THE RUPEE: Over Re1 fall vs USD KARACHI: On Monday, on the day before Eid holidays, PKR experienced fall of more than one rupee against USD in both... Published 20 Jul, 2021 04:14am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Monday (July 19, 2021).... Published 20 Jul, 2021 04:14am
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 20 Jul, 2021 04:14am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Monday (July 19, 2021).... Published 20 Jul, 2021 04:14am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Monday (July 19, 2021). ==================================== BR... Published 20 Jul, 2021 04:14am
Rates BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 20 Jul, 2021 04:14am
Rates Board meetings in progress KARACHI: Board Meetings in Progress of Companies listed on the Pakistan Stock Exchange.... Published 20 Jul, 2021 04:14am
Rates Dividend/Bonus Announcements KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.... Published 20 Jul, 2021 04:14am
Rates Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 20 Jul, 2021 04:14am
Rates Clearing Schedule for T+2 System KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System.... Published 20 Jul, 2021 04:14am
Rates EFU TAKAFUL CONSERVATIVE FUND RATES KARACHI: EFU Takaful Conservative Fund Rates on Monday (July 19, 2021). ======================== Offer Price... Published 20 Jul, 2021 04:14am
Rates EFU TAKAFUL AGGRESSIVE FUND RATES KARACHI: EFU Takaful Aggressive Fund Rates on Monday (July 19, 2021). ======================== Offer Price... Published 20 Jul, 2021 04:14am
Rates EFU TAKAFUL GROWTH FUND RATES KARACHI: EFU Takaful Growth Fund Rates on Monday (July 19, 2021). ======================== Offer Price 1,374.9783... Published 20 Jul, 2021 04:14am
Rates EFU AGGRESSIVE FUND RATES KARACHI: EFU Aggressive Fund Rates on Monday (July 19, 2021). ======================== Offer Price 1,605.7545 Bid... Published 20 Jul, 2021 04:14am
Rates EFU GUARANTEED GROWTH FUND RATES KARACHI: EFU Guaranteed Growth Fund Rates on Monday (July 19, 2021). ======================== Offer Price... Published 20 Jul, 2021 04:14am
Rates EFU Aitemad Growth Fund Rates KARACHI: EFU Aitemad Growth Fund Rates on Monday (July 19, 2021). ======================== Offer Price 1,626.9579... Published 20 Jul, 2021 04:14am
Rates EFU Capital Growth Fund Rates KARACHI: EFU Capital Growth Fund Rates on Monday (July 19, 2021). ======================== Offer Price 476.6344... Published 20 Jul, 2021 04:14am
Rates EFU Pension Growth Fund Rates KARACHI: EFU Pension Growth Fund Rates on Monday (July 19, 2021). ======================== Offer Price 382.0866... Published 20 Jul, 2021 04:14am
Rates EFU Managed Growth Fund Rates KARACHI: EFU Managed Growth Fund Rates on Monday (July 19, 2021). ======================== Offer Price 2,087.8451... Published 20 Jul, 2021 04:14am
Rates JLI CAPITAL GROWTH TAKAFUL FUND KARACHI: JLI Capital Growth Takaful Fund Rates on Monday (July 19, 2021). ======================== Offer Price... Published 20 Jul, 2021 04:14am
Rates JLI MANAGED TAKAFUL FUND KARACHI: JLI Managed Takaful Fund Rates on Monday (July 19, 2021). ======================== Offer Price ... Published 20 Jul, 2021 04:14am
Rates JLI YAQEEN GROWTH FUND RATES KARACHI: JLI Yaqeen Growth Fund Rates on Monday (July 19, 2021). ======================== Offer Price 1,492.9714... Published 20 Jul, 2021 04:14am
Rates JLI MEESEQ Fund Rates KARACHI: JLI Meeseq Fund Rates on Monday (July 19, 2021). ======================== Offer Price 1,232.1208 Bid... Published 20 Jul, 2021 04:14am
Rates JLI Capital Growth Fund Rates KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Monday (July 19, 2021). ======================== Offer... Published 20 Jul, 2021 04:14am
Rates JLI Managed Growth Fund Rates KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Monday (July 19, 2021). ======================== Offer... Published 20 Jul, 2021 04:14am