High energy prices: Subsidies not the right tool to deal: IMF Says governments should avoid using general subsidies as a way to soften the blow from recent high energy prices Updated 14 Oct, 2021 10:56am
Rs1.39/unit hike in base tariff imminent ISLAMABAD: Following understanding with International Monetary Fund (IMF), Power Division has prepared a summary for... Updated 14 Oct, 2021 09:32am
Azerbaijan, Iran agree to mend ties ‘through dialogue’ BAKU: Azerbaijan said Wednesday it has agreed with Iran to resolve their diplomatic crisis through dialogue, weeks... Published 14 Oct, 2021 04:14am
US, Taliban have ‘productive’ talks WASHINGTON: The United States and the Taliban had “productive discussions” on the issue of humanitarian... Published 14 Oct, 2021 04:14am
Taliban warn US, EU of refugees if Afghan sanctions continue KABUL: Afghanistan’s new Taliban government has warned US and European envoys that continued attempts to pressure... Published 14 Oct, 2021 04:14am
G20 finance chiefs back tax deal, pledge to sustain recovery, watch inflation WASHINGTON: Finance leaders from the G20 major economies on Wednesday endorsed a global deal to revamp corporate... Published 14 Oct, 2021 04:14am
G-B development projects: All legal, procedural ‘hiccups’ to be removed to speed up work: PM ISLAMABAD: Prime Minister Imran Khan on Monday directed that all legal and procedural hiccups should be removed to... Published 14 Oct, 2021 04:14am
IHC asks why govt hesitant about furnishing details of foreign gifts ISLAMABAD: The Islamabad High Court (IHC) questioned why the federal government is showing reluctance to disclose ... Published 14 Oct, 2021 04:14am
Noor Mukadam murder case: Parents of accused move IHC against order of sessions court ISLAMABAD: The parents of prime accused in Noor Mukadam murder case – Zakir Jaffar and Asmat Jaffer - on Wednesday... Published 14 Oct, 2021 04:14am
Maryam criticises PM’s approach to appointments in defence institutions ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) vice-president Maryam Nawaz, on Wednesday, lambasted Prime Minister... Published 14 Oct, 2021 04:14am
SC seeks report from NHA on conditions of highways ISLAMABAD: The Supreme Court sought a comprehensive report from the chairman National Highways Authority (NHA)... Published 14 Oct, 2021 04:14am
Regional peace and terrorism: Pakistan, Iran agree to boost defence cooperation ISLAMABAD: The chiefs of the armed forces of Pakistan and Iran have agreed to further enhance defence cooperation ... Published 14 Oct, 2021 04:14am
Disgruntled BAP MPAs refuse to withdraw no-trust motion ISLAMABAD: The disgruntled members of the ruling coalition in Balochistan have plainly refused to withdraw the... Published 14 Oct, 2021 04:14am
IHC urged to give Maryam the benefit of the doubt ISLAMABAD: The Islamabad High Court (IHC) was apprised that the case against Pakistan Muslim League-Nawaz (PML-N)... Published 14 Oct, 2021 04:14am
Haleem for ensuring screening facilities to check spread of AIDS KARACHI: Leader of the Opposition in Sindh Assembly, Haleem Adil Sheikh, while expressing concerns over widespread... Published 14 Oct, 2021 04:14am
Diabetes can be controlled by avoiding fast food: experts LAHORE: Instead of relying solely on physicians, to live a healthy life, diabetic patients need to change their... Published 14 Oct, 2021 04:14am
Eid Milad-un-Nabi: LG depts directed to finalise arrangements LAHORE: Punjab Local Government Secretary Noor-ul-Amin Mengal on Wednesday issued instructions to all local... Published 14 Oct, 2021 04:14am
Bails of Ring Road accused adjourned LAHORE: The Lahore High Court on Wednesday adjourned the proceedings in bail petitions of former commissioner of... Published 14 Oct, 2021 04:14am
PIBT probe committee expanded ISLAMABAD: Minister for Maritime Affairs, Ali Zaidi has expanded the panel which will probe the agreement of ... Published 14 Oct, 2021 04:14am
Roads leading to Red Zone witness massive gridlock ISLAMABAD: The roads leading to Red Zone, on Wednesday evening, witnessed a massive gridlock due to protest... Published 14 Oct, 2021 04:14am
PIAC reports decline in revenue due to Covid-19 ISLAMABAD: Pakistan International Airline Corporation (PIAC) has generated Rs94.989 billion, down from Rs 147 ... Published 14 Oct, 2021 04:14am
Federal govt accused of depriving Sindh of its ‘due share in gas’ KARACHI: Sindh Minister for Energy Imtiaz Sheikh on Wednesday said that Sindh, the largest gas-producing province, ... Updated 14 Oct, 2021 09:27pm
Al-Haj Automotive Assembly Plant inaugurated President Alvi says manufacturing vehicles locally is result of ‘good’ govt policies Updated 14 Oct, 2021 09:28pm
PTA elects office-bearers KARACHI: Amanullah Aftab, Azmat Saleem Sheikh and Aziz Ahmed have been elected as Central Chairman, Senior Vice... Published 14 Oct, 2021 04:14am
SHC rejects Durrani’s bail plea KARACHI: The Sindh High Court (SHC) has rejected the bail application of Sindh Assembly Speaker Agha Siraj Durrani,... Published 14 Oct, 2021 04:14am
TTS implementation: Tripartite agreements inked at Karachi LTO KARACHI: The tripartite agreements were signed at the Large Taxpayer Office (LTO), Karachi among sugar mills, the... Published 14 Oct, 2021 04:14am
Rapid police force formed for NKIA KARACHI: A Rapid Police Force has been formed in North Karachi Industrial Area (NKIA) to curb street crimes, bank... Published 14 Oct, 2021 04:14am
FPCCI for injecting ‘more’ transparency into IMF talks KARACHI: President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Mian Nasser Hyatt Maggo and... Published 14 Oct, 2021 04:14am
PITB signs 2 accords with irrigation deptt LAHOE: The Punjab Information Technology Board (PITB) on Wednesday signed two separate agreements with the Punjab... Published 14 Oct, 2021 04:14am
Buzdar announces Rs5.5bn prison package at Kot Lakhpat jail LAHORE Chief Minister Punjab Sardar Usman Buzdar announced a prison package worth Rs 5.5 billion at Central Jail Kot... Published 14 Oct, 2021 04:14am
Fazl accuses PM of ‘destroying’ national institutions ISLAMABAD: Pakistan Democratic Movement (PDM) Chief Maulana Fazlur Rehman, Wednesday, while criticising Prime... Published 14 Oct, 2021 04:14am
Mazaar-e-Quaid lights up in pink for breast cancer awareness KARACHI: Karachi’s iconic building, the Jinnah Mausoleum (Mazaar-e-Quaid) was illuminated to mark breast cancer... Published 14 Oct, 2021 04:14am
World Standards Day today ISLAMABAD: Pakistan is celebrating Worlds Standard Day today with a theme of Sustainable Development Goals, Our... Published 14 Oct, 2021 04:14am
BankIslami organizes design-a-thon marathon KARACHI: In an effort to promote the country’s potential for arts, BankIslami, Pakistan’s leading Islamic ... Published 14 Oct, 2021 04:14am
FPCCI criticises bank account attachment provision in law KARACHI: Mian Nasser Hyatt Maggo, President of the Federation of Pakistan Chambers of Commerce and Industry has... Published 14 Oct, 2021 04:14am
Russia can help Europe, not using gas as a weapon, says Putin MOSCOW/BRUSSELS/BEIJING: President Vladimir Putin said on Wednesday Russia was not using gas as a weapon and was... Published 14 Oct, 2021 04:14am
US Congress averts default with stop-gap debt limit hike WASHINGTON: US lawmakers rubber-stamped a short-term bill to lift the nation’s borrowing authority Tuesday,... Published 14 Oct, 2021 04:14am
Macron hosts Tajik leader for talks on Afghanistan PARIS: French President Emmanuel Macron hosted Tajikistan’s leader for rare talks on Wednesday, vowing to help the... Published 14 Oct, 2021 04:14am
Israel, UAE ministers in US as Biden seeks to expand normalization WASHINGTON: The top diplomats from Israel and the United Arab Emirates are set to hold three-way talks in Washington... Published 14 Oct, 2021 04:14am
Forced conversions: Panel rejects proposed legislation ISLAMABAD: Parliamentary Committee to Protect Minorities from Forced Conversion rejected on Wednesday, the proposed... Published 14 Oct, 2021 04:14am
PM should apologise for calling Pashtun nation ‘terrorist’: PPP ISLAMABAD: Pakistan People’s Party (PPP) central leaders said that the Pakistan Tehreek-e-Insaf (PTI) government... Published 14 Oct, 2021 04:14am
Gill reacts to Maryam’s statement ISLAMABAD: The Special Assistant to the Prime Minister on Political Communications, Dr Shahbaz Gill, on Wednesday,... Published 14 Oct, 2021 04:14am
Women Chamber for conducive atmosphere for business women KARACHI: Karachi chapter of Women Chamber of Commerce and Industry Korangi has decided to create conducive ... Published 14 Oct, 2021 04:14am
Ogra (Amendment) Bill, 2021 passed by NA body ISLAMABAD: The National Assembly Standing Committee on Cabinet Secretariat passed the “Oil and Gas Regulatory... Published 14 Oct, 2021 04:14am
The City School and Bank Alfalah sign MoU LAHORE: The City School and Bank Alfalah are committed to be the torch-bearers of our great nation’s education... Published 14 Oct, 2021 04:14am
40 more Green Line buses to reach Karachi today KARACHI: Another batch of 40 Green Line buses will reach Karachi on Thursday (today). Cargo ship Ocean carrying the... Published 14 Oct, 2021 04:14am
PDMA KP observes International Day for Disaster Risk Reduction PESHAWAR: The Provincial Disaster Management Authority (PDMA) Khyber Pakhtunkhwa in collaboration with the GLOF-II... Published 14 Oct, 2021 04:14am
Sarwar meets VP, 11 members of European Parliament LAHORE: Governor Punjab Chaudhry Mohammad Sarwar, during his visit to Europe, met with vice-president of the ... Published 14 Oct, 2021 04:14am
Attock, Loralai districts: PCAs, exploration licences signed for two blocks ISLAMABAD: The Petroleum Division signed Petroleum Concession Agreements (PCAs) and Exploration Licenses (ELs) for... Published 14 Oct, 2021 04:14am
The Weather KARACHI: The weather report on Wednesday (October 13, 2021) and the forecast for Thursday (October 14, 2021).... Published 14 Oct, 2021 04:14am
PARTLY FACETIOUS: Nature versus nurture “What’s the opposite of right?” “Wrong.” “I meant right as in not correct, but right as in... Published 14 Oct, 2021 04:14am
Canton fair: new opportunities for development Under the background of the complicated Covid-19 pandemic situation and a fragile recovery of the world’s economy,... Published 14 Oct, 2021 04:14am
Tax havens and double standards—II Intellectual crime against Pakistan and other poor countries Developing countries lose on all counts due to the... Published 14 Oct, 2021 04:14am
Dr Copper flashing an SOS signal? Good things tend to happen to the global economy when copper rises and bad things when its price falls on global... Published 14 Oct, 2021 04:14am
Letters Stop doing politics over wheat It was only recently that Minister of State for Information and Broadcasting Farrukh Habib said that the Sindh... Published 14 Oct, 2021 04:14am
Temperature in Punjab drops LAHORE: Temperature in Punjab has dropped by 2 to 3 Celsius with the vertical extent of westerly waves on October 10... Published 14 Oct, 2021 04:14am
‘Bhang policy’ will be ready by Dec: Faraz ISLAMABAD: Federal Minister for Science and Technology, Senator Shibli Faraz Wednesday informed a parliamentary ... Published 14 Oct, 2021 04:14am
KP held responsible for pendency of over 500 narcotics cases ISLAMABAD: Federal Minister for Narcotics Control Brig Ijaz Ahmad Shah (retd) on Wednesday said that the... Published 14 Oct, 2021 04:14am
Stocks China stocks rise as strong trade data ease slowdown fears SHANGHAI: China stocks ended Wednesday higher, lifted by consumer and technology stocks, as better-than-expected... Published 14 Oct, 2021 04:14am
Stocks Japanese shares fall as investors await US CPI, retailers jump TOKYO: Japanese shares fell on Wednesday as investors awaited U.S. consumer price data due later in the day, while... Published 14 Oct, 2021 04:14am
Stocks Homebuilders lift London’s FTSE 100 LONDON: London’s FTSE 100 rose on Wednesday, lifted by gains in shares of homebuilders after Barratt Developments... Published 14 Oct, 2021 04:14am
Stocks Tech stocks lift Nasdaq, banks weigh on S&P 500, Dow NEW YORK: The Nasdaq rose on Wednesday as investors moved into the perceived safety of technology stocks amid... Published 14 Oct, 2021 04:14am
Stocks Iron ore miners drag Australian shares lower, NZ gains SYDNEY: Australian shares fell for a third consecutive session on Wednesday, weighed down by iron ore miners due to ... Published 14 Oct, 2021 04:14am
Stocks Saudi outperforms major Gulf bourses after IMF forecast DUBAI: Most major stock markets in the Gulf were little changed on Wednesday, amid inflation fears, while the Saudi... Published 14 Oct, 2021 04:14am
Steps being taken for women’s empowerment: CM LAHORE: Terming women empowerment necessary for development, Punjab Chief Minister Sardar Usman Buzdar said on... Published 14 Oct, 2021 04:14am
Govt seeks financial aid from Japan for country’s water sector ISLAMABAD: The federal government has sought financial assistance from Japan for the country’s water sector... Published 14 Oct, 2021 04:14am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on... Published 14 Oct, 2021 04:14am
Stocks Electronic/credit of dividend warrants/bonus/right share certificates KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates.... Published 14 Oct, 2021 04:14am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 14 Oct, 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 14 Oct, 2021 04:14am
Rates EFU TAKAFUL AGGRESSIVE FUND RATES KARACHI: EFU Takaful Aggressive Fund Rates on Wednesday (October 13, 2021). ======================== Offer Price... Published 14 Oct, 2021 04:14am
Rates EFU AGGRESSIVE FUND RATES KARACHI: EFU Aggressive Fund Rates on Wednesday (October 13, 2021). ======================== Offer Price... Published 14 Oct, 2021 04:14am
Rates EFU GUARANTEED GROWTH FUND RATES KARACHI: EFU Guaranteed Growth Fund Rates on Wednesday (October 13, 2021). ======================== Offer Price... Published 14 Oct, 2021 04:14am
Rates EFU Aitemad Growth Fund Rates KARACHI: EFU Aitemad Growth Fund Rates on Wednesday (October 13, 2021). ======================== Offer Price... Published 14 Oct, 2021 04:14am
Rates EFU Capital Growth Fund Rates KARACHI: EFU Capital Growth Fund Rates on Wednesday (October 13, 2021). ======================== Offer Price... Published 14 Oct, 2021 04:14am
Rates EFU Pension Growth Fund Rates KARACHI: EFU Pension Growth Fund Rates on Wednesday (October 13, 2021). ======================== Offer Price... Published 14 Oct, 2021 04:14am
Rates EFU Managed Growth Fund Rates KARACHI: EFU Managed Growth Fund Rates on Wednesday (October 13, 2021). ======================== Offer Price... Published 14 Oct, 2021 04:14am
Rates JLI TAKAFUL INCOME FUND KARACHI: JLI Takaful Income Fund Rates on Wednesday (October 13, 2021). ======================== Offer Price... Published 14 Oct, 2021 04:14am
Rates JLI TAKAFUL BALANCE FUND KARACHI: JLI Takaful Balance Fund Rates on Wednesday (October 13, 2021). ======================== Offer Price... Published 14 Oct, 2021 04:14am
Rates JLI CAPITAL GROWTH TAKAFUL FUND KARACHI: JLI Capital Growth Takaful Fund Rates on Wednesday (October 13, 2021). ======================== Offer ... Published 14 Oct, 2021 04:14am
Rates JLI MANAGED TAKAFUL FUND KARACHI: JLI Managed Takaful Fund Rates on Wednesday (October 13, 2021). ======================== Offer Price... Published 14 Oct, 2021 04:14am
Rates JLI YAQEEN GROWTH FUND RATES KARACHI: JLI Yaqeen Growth Fund Rates on Wednesday (October 13, 2021). ======================== Offer Price... Published 14 Oct, 2021 04:14am
Rates JLI MEESEQ Fund Rates KARACHI: JLI Meeseq Fund Rates on Wednesday (October 13, 2021). ======================== Offer Price 1,194.3723... Published 14 Oct, 2021 04:14am
Rates JLI Capital Growth Fund Rates KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (October 13, 2021). ========================... Published 14 Oct, 2021 04:14am
Rates JLI Managed Growth Fund Rates KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (October 13, 2021). ========================... Published 14 Oct, 2021 04:14am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Wednesday (October 13, 2021). ========================== KIBOR... Published 14 Oct, 2021 04:14am
Rates LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Wednesday (October 13, 2021).... Published 14 Oct, 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 14 Oct, 2021 04:14am
Rates LIBOR calculating interest on US dollar KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (October 13,... Published 14 Oct, 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 14 Oct, 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 14 Oct, 2021 04:14am
Rates PSX closes in deep red: BRIndex100 plunges KARACHI: Pakistan Stock Exchange Wednesday nosedived on panic selling and closed in deep red with heavy losses due ... Published 14 Oct, 2021 04:14am
Commodities Gold prices up KARACHI: Gold prices on Wednesday further strengthened on the local market, traders said. It was selling for Rs... Published 14 Oct, 2021 04:14am
Back to school, but what to study? EDITORIAL: You’d expect the decision of the National Command and Operations Centre (NCOC) to resume full-time... Published 14 Oct, 2021 04:14am
IMF may have its way EDITORIAL: A Business Recorder exclusive news report has revealed that the government has agreed to pass on the... Updated 14 Oct, 2021 10:35am
Energy Singapore LNG scouts for spot cargoes as electricity futures surge SINGAPORE: Singapore LNG Corp is making enquiries about buying LNG cargoes from the spot market, a rare move for the... Published 14 Oct, 2021 04:14am
Commodities Zinc surges 5pc as power prices prompt Nyrstar to cut output LONDON: Zinc and aluminium prices stormed to fresh peaks on Wednesday as a power crisis sparked cuts in smelter... Published 14 Oct, 2021 04:14am
Energy Oil steady as surging power fuel prices offset worries about crude demand NEW YORK: Oil prices were flat on Wednesday as surging fuel costs for power generation offset expectations for ... Published 14 Oct, 2021 04:14am
Commodities Japan rubber futures fall as China’s weak auto sales raise demand concerns TOKYO: Japanese rubber futures fell on Wednesday as China’s falling vehicle sales raised concerns over slower... Published 14 Oct, 2021 04:14am
Commodities Palm surpasses 5,000 RGT/T for first time on Indian import duty cut cheer KUALA LUMPUR: Malaysian palm oil futures closed more than 3% higher to surpass 5,000-ringgit-a-tonne-mark for the... Published 14 Oct, 2021 04:14am