Billionaires’ share of global wealth soars during pandemic PARIS: The share of global wealth of the world’s richest people soared at a record pace during the Covid pandemic,... Published 08 Dec, 2021 06:22am
SECP chief gets three-year extension of service ISLAMABAD: The federal cabinet has approved the extension of the chairman, Securities and Exchange Commission of... Updated 08 Dec, 2021 09:43am
UAE to shift to Saturday-Sunday weekend in line with global markets DUBAI: The United Arab Emirates will shift to a working week of four and half days with a Saturday-Sunday weekend... Published 08 Dec, 2021 06:22am
SC suspends minimum wage for workers verdict KARACHI: The petitions filed by the Federation of Pakistan Chamber of Commerce and Industry (FPCCI) and other trade... Published 08 Dec, 2021 06:22am
Notices issued in response to pleas of motorway gang-rape convicts LAHORE: The Lahore High Court on Tuesday issued notices to the state and the complainant on appeals of two convicts... Published 08 Dec, 2021 06:22am
E-procurement pilot project:Railways-Tejari Pakistan ink MoU ISLAMABAD: Federal Minister for Railways Azam Khan Swati, Tuesday, launched a pilot project of the E-Procurement... Published 08 Dec, 2021 06:22am
Reference seeking disqualification of Ishaq Dar filed in ECP ISLAMABAD: Supreme Court lawyer Azhar Siddique has moved a reference in the Election Commission of Pakistan (ECP)... Published 08 Dec, 2021 06:22am
Sacked employees’ case: ‘SC judgement should be prospective rather than retrospective’ ISLAMABAD: The Supreme Court was Tuesday asked to hold that its judgment’s effect which voids the Sacked Employees... Published 08 Dec, 2021 06:22am
Commodities India unseats Brazil as #1 food supplier to Arab nations SAO PAULO: India surpassed Brazil in food exports to the League of Arab States for the first time in 15 years as the... Published 08 Dec, 2021 06:22am
Biden to tell Putin he’ll face toughest sanctions yet if he invades Ukraine WASHINGTON/MOSCOW: US President Joe Biden will tell Russian President Vladimir Putin in a video conference later on... Published 08 Dec, 2021 06:22am
Middle East Israel announces completion of underground Gaza border barrier OCCUPIED JERUSALEM: Israel on Tuesday announced the completion of a sensor-equipped underground wall on its side of... Published 08 Dec, 2021 06:22am
Middle East Saudi coalition bombs Sanaa in tit-for-tat violence with Houthis DUBAI: The Saudi-led coalition fighting in Yemen said on Tuesday it bombed military targets in the capital Sanaa... Published 08 Dec, 2021 06:22am
Olympics diplomatic boycott: Beijing warns US will ‘pay the price’ BEIJING: China warned on Tuesday the United States would “pay the price” for a diplomatic boycott of the Beijing... Published 08 Dec, 2021 06:22am
Norway urges WB’s Afghanistan donors to channel funds to UN UNITED NATIONS: Norway is encouraging donors to a World Bank-administered fund for Afghanistan to agree to transfer... Published 08 Dec, 2021 06:22am
Energy CASA-1000 project: NTDC MD anticipates one-year delay LAHORE: National Transmission and Despatch Company (NTDC) Managing Director (MD) Manzoor Ahmad apprehended on ... Published 08 Dec, 2021 06:22am
Pakistan Day: PDM’s decision to hold ‘long march’ incomprehensible: Punjab CM LAHORE: Punjab Chief Minister Sardar Usman Buzdar said on Tuesday that Pakistan Democratic Movement (PDM)’s... Published 08 Dec, 2021 06:22am
‘Punjab govt introducing Public Finance Management Act’ LAHORE: To improve financial management at the administrative level, the Punjab government is introducing the Public... Published 08 Dec, 2021 06:22am
Security surveillance project: Punjab Prisons dept seeks NRTC’s help LAHORE: The Punjab prisons department has sought assistance from the National Radio and Telecommunication ... Published 08 Dec, 2021 06:22am
Pakistan condemns launch of ballistic missile towards Riyadh: FO ISLAMABAD: Pakistan strongly condemned the launch of ballistic missile by Houthis towards Riyadh that had been... Published 08 Dec, 2021 06:22am
Opposition to move no-confidence motion ‘at appropriate time’: Abbasi ISLAMABAD: Pakistan Muslim League-Nawaz senior vice president and former premier Shahid Khaqan Abbasi, on Tuesday,... Published 08 Dec, 2021 06:22am
‘Selective accountability’: NAB chief rejects allegation ISLAMABAD: National Accountability Bureau (NAB) chairman former Justice Javed Iqbal appeared before the Public... Published 08 Dec, 2021 06:22am
NA speaker underscores need for exploring new markets to boost trade ISLAMABAD: Speaker National Assembly Asad Qaiser said it was necessary to find new markets to boost trade and reduce... Published 08 Dec, 2021 06:22am
Siddiqui sacked for his observations against ‘top brass’, SC told ISLAMABAD: Advocate Hamid Khan submitted before the Supreme Court that Shaukat Siddiqui, was removed as a judge of... Published 08 Dec, 2021 06:22am
Development scheme worth Rs732.916m approved LAHORE: The Punjab Provincial Development Working Party has approved the development scheme of the roads sector with... Published 08 Dec, 2021 06:22am
Transformation of services sector required thru new policies: speakers ISLAMABAD: Rapid transformation of services sector is required through new policies to move away from vested... Published 08 Dec, 2021 06:22am
The Weather KARACHI: The weather report on Tuesday (December 7, 2021) and the forecast for Wednesday (December 8, 2021).... Published 08 Dec, 2021 06:22am
TI-P survey describes police as ‘most corrupt department’ ISLAMABAD: The National Corruption Perception Survey (NCPS) 2021 conducted by the Transparency Internati-onal-... Published 08 Dec, 2021 06:22am
PM appoints Dr Ijaz Akram as chairman NRA ISLAMABAD: The prime minister on Tuesday appointed Dr Ijaz Akram as Chairman of the high-powered National Rehmatulil... Published 08 Dec, 2021 06:22am
PARTLY FACETIOUS: But some are more equal to others “The Khan believes in treating everyone equally and…” Published 08 Dec, 2021 06:22am
Balochistan to hold LB polls sans EVMs QUETTA: The Balochistan government has decided to hold local body elections in the government but declared that... Published 08 Dec, 2021 06:22am
Rashid says PDM must change date of its ‘anti-inflation march’ ISLAMABAD: Interior Minister Sheikh Rashid on Tuesday asked the Pakistan Democratic Movement (PDM) to change the ... Published 08 Dec, 2021 06:22am
Clerics from different schools of thought condemn Sialkot lynching ISLAMABAD: The top clerics belonging to various schools of thought Tuesday unanimously condemned the brutal lynching... Published 08 Dec, 2021 06:22am
Shehbaz rejects hike in electricity tariff LAHORE: Terming Rs3.75 per unit hike in electricity tariff as proof of the IMF slavery, Pakistan Muslim League-Nawaz... Published 08 Dec, 2021 06:22am
Woman bank cashier in Multan flees with Rs2.3m? MULTAN: A woman bank cashier is said to have fled with Rs2.3 million cash in Multan on Tuesday. As per details, the... Published 08 Dec, 2021 06:22am
SACM terms IMF programme a ‘bitter pill’ LAHORE: Special Assistant to the Chief Minister Punjab for Information and Spokesperson Government of the Punjab... Published 08 Dec, 2021 06:22am
Main culprits involved in Sialkot tragedy arrested: Fawad ISLAMABAD: Minister for Information and Broadcasting Chaudhry Fawad Hussain said on Tuesday that Sialkot incident ... Published 08 Dec, 2021 06:22am
Fight against pandemics: Need for bringing health spending as per UN SDG stressed ISLAMABAD: Speakers at a conference, while expressing grave concern over the low spending on healthcare system in... Published 08 Dec, 2021 06:22am
Social inclusivity: Speakers highlight basic hurdles ISLAMABAD: The basic hurdles in social inclusivity are poverty, inequalities, gender inequality, lack of services... Published 08 Dec, 2021 06:22am
Efforts afoot to enforce ‘Enforcement of Women’s Property Rights Act’: Kashmala ISLAMABAD: Kashmala Tariq, Federal Ombudsperson for Protection against Harassment of Women said, Tuesday that the... Published 08 Dec, 2021 06:22am
Alvi describes cyber security as ‘first defence line of any country’ RAWALPINDI: President Dr Arif Alvi Tuesday said that cyber security is important and very essential and it has come... Published 08 Dec, 2021 06:22am
Karachi-based fishermen go on strike against Balochistan govt KARACHI: The fishermen of Karachi have decided to go on an unannounced strike, as calling for a complete ban on... Published 08 Dec, 2021 06:22am
National Voters’ Day observed in Hyderabad HYDERABAD: National Voter’s Day has been observed by the Election Commission of Pakistan on Tuesday to highlight... Published 08 Dec, 2021 06:22am
AMPAK-BDF team meets FPCCI president Magoon KARACHI: A delegation of America Pakistan Business Development Forum (AMPAK-BDF) visited the Federation of Pakistan... Published 08 Dec, 2021 06:22am
NAB organises walk against corruption KARACHI: National Accountability Bureau Karachi organized an awareness walk against corruption to observe the... Published 08 Dec, 2021 06:22am
Constitution protects rights of all without any discrimination: Wahab KARACHI: Administrator Karachi and Sindh government spokesman Barrister Murtaza Wahab Tuesday said that the... Published 08 Dec, 2021 06:22am
Sindh govt, IFC sign pact: Project aimed at boosting water supply to Karachi KARACHI: The Sindh government and the IFC, a member of World Bank Group, signed a landmark agreement on Tuesday at... Published 08 Dec, 2021 06:22am
New electoral reforms—I Reforms are a process of improvement whereby political institutions are revitalized for better performance and... Updated 08 Dec, 2021 06:48am
Five ways to bring down your electricity bill Electricity has become a critical necessity in our lives. However, as the global discourse evolves on the usage of... Published 08 Dec, 2021 06:22am
Arab women lead ‘new generation’ in documentary film-making Alongside celebrities gracing the red carpet at film festivals in Egypt, the traditional powerhouse of regional... Updated 08 Dec, 2021 06:59am
Letters Remembering Priyantha Kumara Addressing a condolence reference for Sri Lankan national Priyantha Kumara yesterday, prime minister Imran Khan... Published 08 Dec, 2021 06:22am
Stocks Indian shares end higher BENGALURU: Indian shares ended more than 1.5% higher on Tuesday, with banking and metal stocks bouncing back from ... Published 08 Dec, 2021 06:22am
Stocks Tokyo shares close higher TOKYO: Tokyo stocks closed higher on Tuesday as investors took heart from strong rebounds on Wall Street over hopes... Published 08 Dec, 2021 06:22am
Stocks China stocks rise SHANGHAI: China stocks ended higher on Tuesday after the central bank cut the amount of cash banks must hold in... Published 08 Dec, 2021 06:22am
Stocks Asia markets up as Omicron fears ease HONG KONG: Asian stocks were higher on Tuesday as investors took heart from strong rebounds on Wall Street on hopes... Published 08 Dec, 2021 06:22am
Stocks Most Gulf shares rise DUBAI: Most stock markets in the Gulf ended higher on Tuesday, as worries about the impact of the Omicron ... Published 08 Dec, 2021 06:22am
Stocks Big Tech, chipmakers power Nasdaq as Omicron worries subside NEW YORK: The Nasdaq rallied more than 2% on Tuesday as technology firms bounced back on easing concerns around the... Published 08 Dec, 2021 06:22am
Stocks FTSE 100 rises to 3-week highs LONDON: UK’s FTSE 100 rose to a three-week highs on Tuesday, boosted by mining stocks and positive earnings... Published 08 Dec, 2021 06:22am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on ... Published 08 Dec, 2021 06:22am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 08 Dec, 2021 06:22am
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 08 Dec, 2021 06:22am
Rates EFU Pension Growth Fund Rates KARACHI: EFU Pension Growth Fund Rates on Tuesday (December 7, 2021). ======================== Offer Price... Published 08 Dec, 2021 06:22am
Rates EFU Managed Growth Fund Rates KARACHI: EFU Managed Growth Fund Rates on Tuesday (December 7, 2021). ======================== Offer Price... Published 08 Dec, 2021 06:22am
Rates JLI TAKAFUL INCOME FUND KARACHI: JLI Takaful Income Fund Rates on Tuesday (December 7, 2021). ======================== Offer Price... Published 08 Dec, 2021 06:22am
Rates JLI TAKAFUL BALANCE FUND KARACHI: JLI Takaful Balance Fund Rates on Tuesday (December 7, 2021). ======================== Offer Price... Published 08 Dec, 2021 06:22am
Rates JLI CAPITAL GROWTH TAKAFUL FUND KARACHI: JLI Capital Growth Takaful Fund Rates on Tuesday (December 7, 2021). ======================== Offer ... Published 08 Dec, 2021 06:22am
Rates JLI MANAGED TAKAFUL FUND KARACHI: JLI Managed Takaful Fund Rates on Tuesday (December 7, 2021). ======================== Offer Price... Published 08 Dec, 2021 06:22am
Rates JLI YAQEEN GROWTH FUND RATES KARACHI: JLI Yaqeen Growth Fund Rates on Tuesday (December 7, 2021). ======================== Offer Price... Published 08 Dec, 2021 06:22am
Rates JLI MEESEQ Fund Rates KARACHI: JLI Meeseq Fund Rates on Tuesday (December 7, 2021). ======================== Offer Price 1,189.4747 Bid... Published 08 Dec, 2021 06:22am
Rates JLI Capital Growth Fund Rates KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (December 7, 2021). ========================... Published 08 Dec, 2021 06:22am
Rates JLI Managed Growth Fund Rates KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (December 7, 2021). ========================... Published 08 Dec, 2021 06:22am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Tuesday (December 7, 2021). ========================== KIBOR... Published 08 Dec, 2021 06:22am
Rates LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Tuesday (December 7, 2021).... Published 08 Dec, 2021 06:22am
Rates Aggressive buying lifts Index KARACHI: Aggressive buying at available attractive low levels in all sectors Tuesday supported the Pakistan Stock... Published 08 Dec, 2021 06:22am
Energy FCA for September: KE tariff hiked by Rs3.76 ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has increased Karachi Electric’s (KE’s) tariff ... Published 08 Dec, 2021 06:22am
Energy Hascol’s restructuring is nearly complete: chairman KARACHI: Hascol Petroleum has just concluded its much awaited Annual General Meeting (AGM), in which its Chairman,... Published 08 Dec, 2021 06:22am
Energy Saudi Aramco, BlackRock sign $15.5bn gas pipeline deal RIYADH: Saudi Aramco said it has signed a $15.5 billion lease and leaseback agreement for its gas pipeline network... Published 08 Dec, 2021 06:22am
Energy Oil CEOs raise alarm over market’s readiness to drop fossil fuels HOUSTON: A coming transition from oil and gas to renewables will be “messy” for many years and lead to sharp... Published 08 Dec, 2021 06:22am
Energy Oil rises 4pc, extending rally on easing Omicron fears CALGARY, (Alberta): Oil prices climbed by about 4% on Tuesday, extending the previous day’s almost 5% rebound on... Published 08 Dec, 2021 06:22am
Energy Nigerian wellhead has spilled 2m barrels of oil and gas ABUJA: A wellhead leak in Nigeria’s Bayelsa state has spewed two million barrels of oil and gas equivalent into ... Published 08 Dec, 2021 06:22am
Grains EU wheat export tally jumps again, French data still incomplete PARIS: An official tally of European Union soft wheat exports so far this season showed a sharp increase for a ... Published 08 Dec, 2021 06:22am
Grains Arabica, robusta coffee hit fresh 10-year peaks LONDON: Arabica and robusta coffee futures on ICE hit fresh 10-year highs on Tuesday, underpinned by container... Published 08 Dec, 2021 06:22am
Grains US soya futures drop; corn, wheat weak CHICAGO: US soybean futures fell 1.2% on Tuesday, pressured by weather forecasts that eased concerns about dryness ... Published 08 Dec, 2021 06:22am
Energy Asia Naphtha/Gasoline-Margins rise on firm demand, easing Omicron fears NEW DELHI: Asia’s naphtha crack gained on Tuesday as a 2% rise in crude oil benchmarks, due to easing Omicron... Published 08 Dec, 2021 06:22am
Energy China’s November crude imports rebound as refiners clear backlog SINGAPORE: China’s imports of crude oil rebounded in November from the previous month’s lows, but were still... Published 08 Dec, 2021 06:22am
Energy Asia Distillates: Jet fuel refining margins climb SINGAPORE: Asian jet fuel refining margins climbed on Tuesday, despite firmer feedstock crude prices, as traders ... Published 08 Dec, 2021 06:22am
Energy US natgas edges up from four-month low CHICAGO: U.S. natural gas futures rose from a four-month low on Tuesday following a 7% gain in European gas futures... Published 08 Dec, 2021 06:22am
Rates Activities of Karachi Port KARACHI: The Karachi Port handled 162,183 tonnes of cargo comprising 126,833 tonnes of import cargo and 35,350 ... Published 08 Dec, 2021 06:22am
Commodities ICE canola futures rise with soy oil, crude WINNIPEG: ICE canola futures rose on Monday for the fourth straight day, lifted by strength in soy oil and crude oil... Published 08 Dec, 2021 06:22am
Cotton & Textile Cotton Spot Rates KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (December 7, 2021).... Published 08 Dec, 2021 06:22am
Cotton & Textile Cotton trade remains steady with low volume KARACHI: The Karachi Cotton Association (KCA) kept its official spot rate, on Tuesday, unchanged at Rs 16,700 per... Published 08 Dec, 2021 06:22am
Cotton & Textile Country likely to produce 9.1m bales of cotton ISLAMABAD: The Cotton Crop Assessment Committee (CCAC) on Tuesday estimated the total production of cotton during ... Published 08 Dec, 2021 06:22am
Rates LME official prices LONDON: The following were Monday official prices. ========================================= ALUMINIUM... Published 08 Dec, 2021 06:22am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (December 7, 2021)... Published 08 Dec, 2021 06:22am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Tuesday (December 7, 2021). ======================================= Offset... Published 08 Dec, 2021 06:22am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (December 7, 2021).... Published 08 Dec, 2021 06:22am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Tuesday (December 7, 2021). ======================== Open Bid... Published 08 Dec, 2021 06:22am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (December 7, 2021).... Published 08 Dec, 2021 06:22am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Tuesday (December 7, 2021).... Published 08 Dec, 2021 06:22am
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 08 Dec, 2021 06:22am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Tuesday (December 7, 2021).... Published 08 Dec, 2021 06:22am