Pakistan to seek some space from IMF: Tarin Finance minister says he will try to convince IMF during the 6th review that an increase in electricity tariff is not the solution to the problem Updated 02 Oct, 2021 05:01pm
Govt-TTP talks taking place in Afghanistan: PM ISLAMABAD: Prime Minister Imran Khan said the Pakistan government was in talks with some of the groups of... Updated 02 Oct, 2021 09:35am
Sept SPI decreases 0.10pc WoW ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended September 30, 2021 recorded a decrease of 0.10... Updated 02 Oct, 2021 09:36am
Hike in prices of POL products: Opposition MNAs stage protest ISLAMABAD: The opposition lawmakers in the National Assembly Friday strongly protested against increase in prices of... Updated 02 Oct, 2021 09:38am
Emerging market 'cryptoization' threatens financial stability: IMF LONDON: The advent of digital currencies in emerging markets could spark "cryptoization" of local economies,... Updated 02 Oct, 2021 09:37am
India says no decision on Air India sale NEW DELHI: India's finance ministry said on Friday reports suggesting the government has picked a winning bid for ... Updated 02 Oct, 2021 09:33am
SNGPL, SSGCL consumers: Ogra fixes provisional RLNG prices for Sept ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) Friday notified $2.1359 per mmbtu increase for the consumers... Updated 02 Oct, 2021 09:57am
'Inflated' tax notices to Shehbaz, late Kulsoom: FBR given last opportunity to furnish proof ISLAMABAD: The Supreme Court provided last opportunity to the Federal Board of Revenue (FBR) to furnish proof of... Updated 02 Oct, 2021 09:54am
Industry Joint working group to discuss 4 CPEC projects ISLAMABAD: Newly-constituted Joint Working Groups on Science and Technology and Information Technology Cooperation... Published 02 Oct, 2021 05:10am
Rs2.983trn fiscal deficit financed through domestic debt ISLAMABAD: The federal government mainly relied on domestic borrowing (debt market) to finance the fiscal deficit... Updated 02 Oct, 2021 09:55am
Tarin tells Senate: GDP growth rate to exceed 5pc in FY22 Finance minister says debt-to-GDP ratio was at 87.6 percent last year which dropped to 79.7 percent in March 2021 Updated 02 Oct, 2021 12:51pm
Agri growth target unlikely to be achieved ISLAMABAD: The country is unlikely to achieve the agriculture growth target of 3.5 percent set for 2021-22, after... Updated 02 Oct, 2021 09:52am
Sept CPI up 9pc YoY ISLAMABAD: The Consumer Price Index (CPI) witnessed an increase of nine percent on year-on-year basis in September... Published 02 Oct, 2021 04:46am
Displaced Afghans in Kabul return home to the north KABUL: Thousands of internally displaced Afghans living at a temporary camp in Kabul have started their journey home... Published 02 Oct, 2021 04:46am
Govt-KE talks gather momentum ISLAMABAD: The parleys between Karachi Electric (KE) and Federal Government on resolution of controversial issues ... Updated 02 Oct, 2021 12:10pm
Galaxy Racer partners with Fakhr Alam to 'expand into Pakistan' KARACHI: UAE based Galaxy Racer is one of the portfolio companies of Sheikh Ahmed Dalmook Maktoum Private Office and... Published 02 Oct, 2021 04:45am
Nutshell Group establishes Strategic Engagements Division ISLAMABAD: Maj-Gen Shahzad Naeem Khan (retd) has joined Nutshell Group as Chief Public Affairs Officer, whereas... Published 02 Oct, 2021 04:45am
PPP opposes govt's move to reappoint NAB chairman ISLAMABAD: Pakistan Peoples Party (PPP) has strongly opposed the proposal of re-appointment of Justice Javed Iqbal ... Published 02 Oct, 2021 04:45am
Saudi Arabia announces scholarships for 600 Pak students LAHORE: Announcing scholarships for 600 Pakistani students in 25 different Saudi universities, Saudi Ambassador to... Published 02 Oct, 2021 04:45am
US Embassy officials visit NUST ISLAMABAD: Officials from the US Embassy in Islamabad visited Innovation & Commercialisation Directorate at NUST... Published 02 Oct, 2021 04:45am
Hamza undertaking tour of South Punjab today LAHORE: Opposition leader in Punjab Assembly Hamza Shehbaz has slammed the government for making further increase in... Published 02 Oct, 2021 04:45am
UK's CDC Group backs Fatima Gobi Ventures' Pakistan-focused fund LAHORE: CDC Group (CDC), the UK's development finance institution and impact investor, has made an anchor investment... Published 02 Oct, 2021 04:45am
Naya Nazimabad Hospital receives Rs1bn from HBL KARACHI: The parent company of Naya Nazimabad, Javedan Corporation Limited (JCL), has received a sanction of PKR 1... Published 02 Oct, 2021 04:45am
Zuberi brings criticality of employer-worker dialogue under spotlight LAHORE: Central Chairman of the Workers Employers Bilateral Council of Pakistan (WEBCOP) of Pakistan Zaki Ahmed Khan... Published 02 Oct, 2021 04:45am
Japan's Princess Mako to marry after delay and controversy TOKYO: After years of controversy, Japan's Princess Mako will marry this month, but she will forego traditional ... Published 02 Oct, 2021 04:45am
Iran condemns Bahrain over Israel opening embassy TEHRAN: Iran on Friday described Bahrain's hosting of Israel's foreign minister, who the previous day inaugurated ... Published 02 Oct, 2021 04:45am
MODES OF ENGAGEMENT WITH PUNJAB PPP AUTHORITY TEXT: Public Private Partnership (PPP) mode of project development appears as the apt mode of infrastructure finance... Published 02 Oct, 2021 04:45am
PUNJAB PUBLIC PRIVATE PARTNERSHIP AUTHORITY: Amjad Ali Awan (CEO, Punjab PPP Authority) TEXT: The establishment of 'Punjab Public Private Partnership (PPPP) Authority' clearly signifies the seriousness on... Published 02 Oct, 2021 04:45am
PUNJAB PUBLIC PRIVATE PARTNERSHIP AUTHORITY: Abdullah Khan Sumbal (Chairman P&D Board) TEXT: Public-Private Partnership (PPP) is one of the most effective vehicles to enhance private sector participation... Published 02 Oct, 2021 04:45am
PUNJAB PUBLIC PRIVATE PARTNERSHIP AUTHORITY: Dr. Salman Shah (Advisor to CM) TEXT: The Punjab Government plans to substantially magnify development spending in the province with the aim of... Published 02 Oct, 2021 04:45am
PUNJAB PUBLIC PRIVATE PARTNERSHIP AUTHORITY: Sardar Usman Ahmad Khan Buzdar (Chief Minister Punjab) TEXT: The Government of Punjab is committed to its prime objective of achieving sustained economic growth and the... Published 02 Oct, 2021 04:45am
China National Day: CHINA - a confident global player TEXT: The People Republic of China's rise over the past two decades has reshaped the landscape of global politics.... Published 02 Oct, 2021 04:45am
Working Together for a Shared Future By H.E. Li Bijian, Consul General of China in Karachi TEXT: Today marks the 72nd anniversary of the founding of the... Published 02 Oct, 2021 04:45am
Message of Congratulations on the 72nd Anniversary of the Founding of the People's Republic of China By H.E. Nong Rong, Ambassador of the People's Republic of China to Pakistan TEXT: October first is a great and... Published 02 Oct, 2021 04:45am
Strengthening Vaccine Cooperation to Build a Great Wall Against COVID-19 Remarks by State Councilor and Foreign Minister Wang Yi Of the People's Republic of China at the First Meeting of ... Published 02 Oct, 2021 04:45am
Bolstering Confidence and Jointly Overcoming Difficulties to Build a Better World Statement by H.E. Xi Jinping, President of the People's Republic of China At the General Debate of the 76th Session... Published 02 Oct, 2021 04:45am
The Weather KARACHI: The weather report on Friday (October 1, 2021) and the forecast for Saturday (October 2, 2021).... Published 02 Oct, 2021 04:45am
Rates PSX sheds 27.90 points: BRIndex100 ends flat KARACHI: Pakistan Stock Exchange Friday witnessed a mixed trend as investors remained cautious and avoided taking... Published 02 Oct, 2021 04:45am
Opposition benches condemn hike in petroleum prices LAHORE: The opposition benches on Friday condemned the recent hike in the petroleum prices and in protest boycotted... Published 02 Oct, 2021 04:45am
Mir Khalil-ur-Rahman's wife passes away KARACHI: Mehmooda Khalil-ur-Rahman, the wife of late Mir Khalil-ur-Rahman, who was the founder of Jang and Geo ... Published 02 Oct, 2021 04:45am
'Women empowerment is a must to achieve UN-SDGs' HYDERABAD: UNESCO Pakistan Country Director, Patricia McPhillips has said that in order to achieve UN's Sustainable... Updated 04 Oct, 2021 01:10am
APNS condoles death KARACHI: The APNS expresses its profound grief over the sad demise of Begum Mehmooda Khalil, wife of the Society's... Published 02 Oct, 2021 04:45am
Denmark's FM lauds PCAA KARACHI: Denmark's Foreign Minister Jeppe Kofod, who arrived at Islamabad International Airport (IIAP) through a... Published 02 Oct, 2021 04:45am
Maqsood Ismail elected LCCI president KARACHI: Maqsood Ismail, Suleman Chawla and Ahmed Ashraf have been elected unopposed as President, Senior Vice... Published 02 Oct, 2021 04:45am
AP MSPIDA elects office-bearers KARACHI: Zahid Manzoor, Muhammad Arif Siddiqui and Shahzad Sarfraz have been elected as Chairman, Senior Vice... Published 02 Oct, 2021 04:45am
PARTLY FACETIOUS: How does PM look at rising inflation? "This is so very funny." "What? The Khan insisting that inflation is due to the pandemic and..." "More funny is ... Updated 02 Oct, 2021 03:16pm
APTMA office-bearers assume charge KARACHI: In the 63rd Annual General Meeting of APTMA, Abdul Rahim Nasir has assumed the charge of the office of the... Published 02 Oct, 2021 04:45am
Mission impossible? Prime Minister Imran Khan while chairing a meeting last Wednesday on how to increase country's exports, directed the... Published 02 Oct, 2021 04:45am
'Perfect storm' lifts dollar over unsettled markets A grinding rally in the dollar is picking up speed, fuelled by a hawkish tilt from the Federal Reserve, rising... Published 02 Oct, 2021 04:45am
Japan may sell more bonds to fund next PM Kishida's stimulus package Japan's next Prime Minister Fumio Kishida may have little choice but to sell more government bonds to fund his... Published 02 Oct, 2021 04:45am
US plans to keep Al-Qaeda in check in Afghanistan with air strikes The Pentagon plans to rely on air strikes to prevent a resurgence of Al-Qaeda now that US troops have left... Published 02 Oct, 2021 04:45am
Letters Wahab deserves praise New KMC (Karachi Metropolitan Corporation) administrator Murtuza Wahab deserves a lot of praise for skilfully... Published 02 Oct, 2021 04:45am
Stocks S&P 500 turns flat after Fitch warning; Merck boosts Dow NEW YORK: The S&P 500 pared early gains on Friday after Fitch warned that political wrangling over the US debt... Published 02 Oct, 2021 04:45am
Stocks Stocks wobble at end of choppy week LONDON: Global stock markets seesawed on Friday at the end of a tumultuous week marked by concerns about soaring... Published 02 Oct, 2021 04:45am
Rates LME official prices LONDON: The following were Thursday official prices. ========================================= ALUMINIUM... Published 02 Oct, 2021 04:45am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Friday (October 1, 2021)... Published 02 Oct, 2021 04:45am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Friday (October 1, 2021). ======================================= Offset... Published 02 Oct, 2021 04:45am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (October 1, 2021).... Published 02 Oct, 2021 04:45am
Rates THE RUPEE: PKR posts first recovery since 21st brecorder.com KARACHI: Pakistan's rupee posted its first recovery since September 21, registering a gain of 18... Published 02 Oct, 2021 04:45am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Friday (October 1, 2021).... Published 02 Oct, 2021 04:45am
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 02 Oct, 2021 04:45am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Friday (October 1, 2021).... Published 02 Oct, 2021 04:45am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on Friday... Published 02 Oct, 2021 04:45am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Friday (October 1, 2021). ==================================== BR... Published 02 Oct, 2021 04:45am
Rates BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 02 Oct, 2021 04:45am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 02 Oct, 2021 04:45am
Rates Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 02 Oct, 2021 04:45am
Rates Clearing Schedule for T+2 System KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System.... Published 02 Oct, 2021 04:45am
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 02 Oct, 2021 04:45am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Friday (October 1, 2021). ========================== KIBOR... Published 02 Oct, 2021 04:45am
Rates LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Friday (October 1, 2021).... Published 02 Oct, 2021 04:45am
Forex Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 02 Oct, 2021 04:45am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (October 1,... Published 02 Oct, 2021 04:45am
Forex Banks rates for currency notes (buying and selling) KARACHI: The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on ... Published 02 Oct, 2021 04:45am
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 02 Oct, 2021 04:45am
Rates LIBOR calculating interest on US dollar KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Friday (October 1, 2021).... Published 02 Oct, 2021 04:45am
Forex Currency notes: exchange rates KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan... Published 02 Oct, 2021 04:45am
Forex Exchange rates: buying and selling KARACHI: Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (October ... Published 02 Oct, 2021 04:45am
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 02 Oct, 2021 04:45am
Rates State Bank of Pakistan conversion rates KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates,... Published 02 Oct, 2021 04:45am
Taxes PM felicitates nation on tax collection by FBR ISLAMABAD: Prime Minister Imran Khan on Friday felicitated the nation on the upward economic trajectory as the... Published 02 Oct, 2021 04:45am
Industry Businesspeople reject proposal to ban export of perishable commodities ISLAMABAD: The country's business community has out rightly rejected the proposal of the National Price Committee... Published 02 Oct, 2021 04:45am
Industry FCCI to re-invigorate mandated responsibilities FAISALABAD: Faisalabad Chamber of Commerce & Industry (FCCI) will re-invigorate its mandated responsibilities to... Published 02 Oct, 2021 04:45am
Taxes FBR to hold meeting of field formations LAHORE: The Federal Board of Revenue (FBR) will hold a meeting of all the field formations on new uniform valuation... Published 02 Oct, 2021 04:45am
Industry LCCI office-bearers assume charge LAHORE: New office-bearers of the Lahore Chambers of Commerce & Industry have assumed the charge of their ... Published 02 Oct, 2021 04:45am
Energy Kamal condemns hike in LPG and petrol prices KARACHI: Pak Sarzameen Party President Anis Kaim Khani while condemning the worst rise in prices of petroleum... Published 02 Oct, 2021 04:45am
Scapegoating Pakistan EDITORIAL: It's very unfair of the 22 Republican lawmakers, who moved a bill in the US Senate to seek "imposition of... Published 02 Oct, 2021 04:45am
Burying the hatchet for Karachi EDITORIAL: It took Prime Minister Imran Khan more than three years to realise that the central and Sindh governments... Published 02 Oct, 2021 04:45am
China moves away from coal EDITORIAL: China's pledge to end public financing of overseas coal-fired power plants comes as a shot in the arm of... Published 02 Oct, 2021 04:45am
Energy SSGCL directed to resume gas supply to JJVL LPG plant ISLAMABAD: The Ministry of Energy (Petroleum Division), on Friday, directed the Sui Southern Gas Company Limited... Published 02 Oct, 2021 04:45am
Energy European gas prices hit all-time highs MOSCOW: European gas prices surged to all-time highs on Friday as Russia kept a tight lid on supply, signalling... Published 02 Oct, 2021 04:45am
Commodities Palm slips from record high on weaker US soyaoil SINGAPORE: Malaysian palm oil futures fell on Friday after touching record highs in the previous session, as Chicago... Published 02 Oct, 2021 04:45am
Commodities Gold firms as dollar slips NEW YORK: Gold inched higher on Friday as a weaker dollar and worries about rising inflation and risks to growth... Published 02 Oct, 2021 04:45am
Commodities Copper bounces, but set for weekly decline of 2pc LONDON: Copper prices rebounded on Friday, but were on pace to post a weekly decline of about 2%, with traders... Published 02 Oct, 2021 04:45am
Energy Oil rises above $78 ahead of OPEC+ meeting NEW YORK: Oil rose above $78 a barrel on Friday, within sight of this week's three-year high, supported by tight... Published 02 Oct, 2021 04:45am
Money & Banking Sterling pares weekly losses LONDON: Sterling pared deep weekly losses on Friday thanks to an afternoon rebound as sentiment improved across... Published 02 Oct, 2021 04:45am
Money & Banking US dollar slips from 1-year high NEW YORK: The dollar edged lower from a one-year high on Thursday in choppy trading, pressured a little bit by a ... Published 02 Oct, 2021 04:45am
Commodities French maize harvest PARIS: French farmers had gathered just 2% of this year's grain maize crop by Sept. 27 as a slow start to harvesting... Published 02 Oct, 2021 04:45am
Energy Asia's gasoline crack rises NEW DELHI: Asia's gasoline crack rose for a second consecutive session on Friday as European stocks held steady,... Published 02 Oct, 2021 04:45am
Commodities ICE canola up WINNIPEG, (Manitoba): ICE canola futures rose to a two-week high on Wednesday, tracking gains in European rapeseed.... Published 02 Oct, 2021 04:45am