Tens of thousands flee as super typhoon hits the Philippines DAPA, (Philippines): Thousands of people in the Philippines fled their homes and beachfront resorts as Super Typhoon... Published 17 Dec, 2021 04:30am
After German verdict, tax spy fined in Switzerland GENEVA: Prosecutors in Switzerland have handed down fines for attempted economic espionage to a man already hit with... Published 17 Dec, 2021 04:30am
Afghan flights resume after snow disruption in capital KABUL: Flights to and from Kabul resumed Thursday after hours of delays caused by overnight snow that blanketed the... Published 17 Dec, 2021 04:30am
US Navy says rescues ‘Iran drug smugglers’ after blast DUBAI: The US Navy has rescued five Iranian sailors injured in an explosion that erupted on their vessel and seized... Published 17 Dec, 2021 04:30am
Saudi Arabia sends humanitarian aid to Afghanistan RIYADH: Saudi Arabia sent two aircraft carrying humanitarian aid to Afghanistan Thursday, state media reported, its... Published 17 Dec, 2021 04:30am
Myanmar photographer Soe Naing reportedly dies in army detention BANGKOK: Myanmar authorities must immediately disclose the status of freelance photographer Soe Naing amid reports ... Published 17 Dec, 2021 04:30am
US adds more Chinese firms to restricted entity list WASHINGTON: The US Commerce Department placed export restrictions on several Chinese companies on Thursday for... Published 17 Dec, 2021 04:30am
EU leaders weigh new sanctions on Russia amid ‘series of attacks’ BRUSSELS: The European Union is under assault from Russia on multiple fronts and must unite behind new economic... Published 17 Dec, 2021 04:30am
Registration with SECP: SPAC required to have paid-up capital of Rs10m ISLAMABAD: The special purpose acquisition company (SPAC) is required to have a paid-up capital of at least Rs 10... Published 17 Dec, 2021 04:30am
Integration with POS: excessive notices lead to a lot of litigation LAHORE: Excessive issuance of notices to retailers for integration with Point of Sale (POS) system without proper... Published 17 Dec, 2021 04:30am
Fellowship part of PepsiCo’s ‘Roshan Kal’ platform: graduation ceremony held ISLAMABAD: More than 2,290 students graduated from the PepsiCo-supported career-prep fellowship by the Amal Academy... Published 17 Dec, 2021 04:30am
LG polls in KP: Sindh minister accuses PM of violating ECP directions ISLAMABAD: Sindh Information Minister Saeed Ghani Thursday said that Prime Minister Imran Khan committed “much... Published 17 Dec, 2021 04:30am
Provisional assessment dispute case: LCCI urges govt to sustain decision of ‘Corporate Guarantee’ LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) has urged the government to sustain the decision of... Published 17 Dec, 2021 04:30am
Automechanika Dubai: Four Pakistani companies showcase their products KARACHI: Some four companies from Pakistan have participated in the Automechanika Dubai 2021 held from 14 to 16... Published 17 Dec, 2021 04:30am
The Weather KARACHI: The weather report on Thursday (December 16, 2021) and the forecast for Friday (December 17, 2021).... Published 17 Dec, 2021 04:30am
Fazl speaks to Shujaat, inquires about health LAHORE: Head of Pakistan Democratic Movement (PDM) and chief of Jamiat Ulema-e-Islam (JUI-F) Maulana Fazlur Rehman... Published 17 Dec, 2021 04:30am
Appearance in Park Lane reference: AC gives one-day exemption to Zardari, others ISLAMABAD: An accountability court Thursday gave one-day exemption to co-chairman Pakistan People’s Party (PPP)... Published 17 Dec, 2021 04:30am
Barbecue shops, too, behind rising incidence of smog in Lahore? LAHORE: The Lahore High Court (LHC) on Thursday expressed its concerns over rise in smog and directed the government... Published 17 Dec, 2021 04:30am
Inflation, price hike: PML-N leader Hamza steps up criticism of govt LAHORE: Slamming the PTI government over soaring inflation, Opposition Leader in Punjab Assembly Hamza Shahbaz said... Published 17 Dec, 2021 04:30am
‘Country may face flooding-related challenges in next monsoon season’ ISLAMABAD: The National Disaster Management Authority (NDMA), Thursday, predicted that the country may face serious... Published 17 Dec, 2021 04:30am
Afghan humanitarian crisis: OIC moot to bridge gap between Taliban, world community: Qureshi ISLAMABAD: Foreign Minister Shah Mahmood Qureshi, Thursday, said that Pakistan is playing a positive role in ... Published 17 Dec, 2021 04:30am
APS martyrs remembered HYDERABAD: In memory of the martyred children of Army Public School Peshawar, a prayer ceremony was held at Sindh... Published 17 Dec, 2021 04:30am
Agreement signed: ISE, Sysnatic Info to develop ‘Trainings and Data Center Lab’ LAHORE: The Infinity School of Engineering (ISE) and Sysnatic Info Pvt have signed an agreement to develop the... Published 17 Dec, 2021 04:30am
FAFEN for stricter implementation of election law, procedures ISLAMABAD: Free and Fair Election Network (FAFEN) has observed minor irregularities including illegal campaigning ... Published 17 Dec, 2021 04:30am
Bilawal pays tribute to martyrs of APS ISLAMABAD: Chairman Pakistan Peoples Party Bilawal Bhutto Zardari on Thursday paid glowing tribute to the martyrs of... Published 17 Dec, 2021 04:30am
Maize, sorghum, millet and fodder crops: PARC recommends 89 hybrid varieties ISLAMABAD: The Pakistan Agriculture Research Council (PARC) has recommended 89 hybrid varieties of maize, sorghum,... Published 17 Dec, 2021 04:30am
IHC dismisses petitions against MDCAT and PMC ISLAMABAD: The Islamabad High Court (IHC), on Thursday, dismissed six identical petitions filed against MDCAT and ... Published 17 Dec, 2021 04:30am
Japanese ambassador calls on COAS ISLAMABAD: Japanese Ambassador to Pakistan Wada Mitsuhiro called on Chief of Army Staff (COAS) General Qamar Javed... Published 17 Dec, 2021 04:30am
Seminar on ‘fall of Dhaka’: speakers for learning from mistakes ISLAMABAD: A Pakistan Muslim League-Nawaz (PML-N) seminar on the reasons behind the “Fall of Dhaka”, Thursday,... Published 17 Dec, 2021 04:30am
Opposition seeks to impede ‘development’ journey: Buzdar LAHORE: Chief Minister Punjab Sardar Usman Buzdar said on Thursday the conspirators in the opposition parties were... Published 17 Dec, 2021 04:30am
HR officials coming soon: Japan keen to hire IT experts: envoy ISLAMABAD: Expressing keen interest in hiring Pakistani information technology experts, Ambassador of Japan to... Published 17 Dec, 2021 04:30am
Sacked employees continue protest ISLAMABAD: Hundreds of employees sacked from various government departments and autonomous bodies continued their... Published 17 Dec, 2021 04:30am
Two booked for ‘illegally’ shifting non-duty paid goods ISLAMABAD: Collectorate of Customs, Exports, Port Muhammad Bin Qasim, Export Processing Zone has booked two accused... Published 17 Dec, 2021 04:30am
Govt to exempt 16 PNSC subsidiaries from PSCG rules ISLAMABAD: The Federal Cabinet is to relax applicability of Public Sector Companies Corporate Governance (PSCG)... Published 17 Dec, 2021 04:30am
Qatar CG holds reception on country’s ‘National Day’ KARACHI: The Consulate General of the State of Qatar in Karachi held a reception hosted by Mishal M Al-Ansari, ... Published 17 Dec, 2021 04:30am
Importers, exporters: QCCI demands withdrawal of ‘baseless’ cases QUETTA: Quetta Chamber of Commerce and Industry (QCCI), Balochistan President Fida Hussain Dashti and Senior Vice... Published 17 Dec, 2021 04:30am
Forex reserves down $123m KARACHI: The country’s total liquid foreign exchange reserves declined by $123 million during the last week.... Published 17 Dec, 2021 04:30am
Covid claims 8 more lives in Sindh, infects 149 others KARACHI: Eight more patients of Coronavirus died overnight lifting the death toll to 7,648, while 149 new cases... Published 17 Dec, 2021 04:30am
First credit card transactions via mobile through HBL Pay launched KARACHI: HBL in its pivot towards becoming a ‘Technology Company with a Banking License’ has become the first... Published 17 Dec, 2021 04:30am
BD’s economic, social development performance praised KARACHI: Scholars from Pakistan and Bangladesh at a conference admitted that the tragedy of 1971, steeped in ... Published 17 Dec, 2021 04:30am
KTrade Annual Investor Summit Investing in 2022: Economy has come under pressure due to fiscal imbalances KARACHI: The country’s economy was under pressure from the external account and fiscal imbalances, the consequent... Published 17 Dec, 2021 04:30am
FFC attends seminar titled ‘ESG integration into investing’ RAWALPINDI: Fauji Fertilizer Company (FFC) was invited by Dr Shamshad Akhtar, Chairperson ESG Task Force to attend... Published 17 Dec, 2021 04:30am
Hilal-e-Ahmar Hospital, Central Jail, sign MoU FAISALABAD: According to the special direction and vision of Inspector Punjab Prisons, Mirza Shahid Saleem Baig, on... Published 17 Dec, 2021 04:30am
BoI, Pakistan Embassy organise online investment seminar ISLAMABAD: BoI, in collaboration with the Pakistan Embassy, US organised an online investment seminar on Thursday,... Published 17 Dec, 2021 04:30am
PRL temporarily shuts down operations KARACHI: Pakistan Refinery Limited (PRL) has temporarily shut down its refinery operations due to operational and... Published 17 Dec, 2021 04:30am
Disrespectful remarks against CJP: IHC grants bail to PPP leader ISLAMABAD: The Islamabad High Court (IHC), on Thursday, granted bail to Masoodur Rehman Abbasi, general secretary... Published 17 Dec, 2021 04:30am
ABL selects Sprinklr to transform its digital customer experience LAHORE: Allied Bank Ltd (ABL) announced its selection of Sprinklr, a unified customer experience management platform... Published 17 Dec, 2021 04:30am
‘Water wheels’ distributed in rural areas of Sindh, Punjab KARACHI: Bayer Pakistan and Tayaba Organization have distributed 2,000 H2O Water Wheels in communities in rural ... Published 17 Dec, 2021 04:30am
New single GST portal: Telecom and courier companies to be main beneficiaries ISLAMABAD: The telecommunication companies, courier companies and other service providers would be the major... Published 17 Dec, 2021 04:30am
PMIC launches ‘Challenge Fund’ KARACHI: PMIC has launched the first round of ‘Challenge Fund’ for small farmers to help them get access to... Published 17 Dec, 2021 04:30am
Yarn Prices Karachi Yarn Market Rate KARACHI: Karachi Yarn Market Rates on Thursday (December 16, 2021). ======================================= CONES... Published 17 Dec, 2021 04:30am
Inmates appear to be very intoxicated after return from courts LAHORE: Majority of the prisoners who are brought back to their respective jails after court hearings under police... Published 17 Dec, 2021 04:30am
PPP accuses MQM-P of seeking to create ‘anarchy’, ‘bloodshed’ ISLAMABAD: Sindh Information and Labour Minister Saeed Ghani claimed that the Muttahida Qaumi Movement-Pakistan... Published 17 Dec, 2021 04:30am
Secret filming: LHC appoints Barrister Asad as amicus curiae LAHORE: The Lahore High Court on Thursday appointed Barrister Asad Raheem as amicus curiae in a petition against... Published 17 Dec, 2021 04:30am
PARTLY FACETIOUS: It’s wise to learn from a wise man “I don’t understand this obsession with who will lead the PML-N into the next elections.” “That has to be... Published 17 Dec, 2021 04:30am
Fed’s pivot raises investor question: When does QT start? Investors are asking a key question after the US Federal Reserve accelerated its taper of bond purchases and ... Published 17 Dec, 2021 04:30am
‘In trust’ and ‘trust in’: a comment on trust acts—II Under sub-section (1) of Section 12A of the Sindh Trusts Act, 2020, a specialized trust is required to obtain a ... Published 17 Dec, 2021 04:30am
Macroeconomic choices for 2022 State Bank of Pakistan (SBP) increased policy rate by 1 percent (100 basis points) to 9.75 percent. This is the... Published 17 Dec, 2021 04:30am
Tax model for prosperity There is hardly any doubt about the huge tax gap in Pakistan that is about 70% of the actual collection if not more.... Published 17 Dec, 2021 04:30am
Letters ‘Swinging Sialkot’ This is apropos a Business Recorder op-ed ‘Swinging Sialkot’ carried by the newspaper recently. The writer,... Published 17 Dec, 2021 04:30am
Stocks Hong Kong shares rise HONG KONG: Hong Kong shares rose on Thursday after an upbeat economic outlook from the US Federal Reserve boosted... Published 17 Dec, 2021 04:30am
Stocks China blue-chips end higher SHANGHAI: China’s blue-chip stock index ended higher on Thursday as gains in industrial and financial sectors... Published 17 Dec, 2021 04:30am
Stocks Tokyo’s Nikkei up TOKYO: Tokyo’s key Nikkei index closed over two percent higher on Thursday, extending rallies on Wall Street after... Published 17 Dec, 2021 04:30am
Stocks Indian shares end higher BENGALURU: Indian shares ended slightly higher on Thursday, helped by gains in information technology stocks, even ... Published 17 Dec, 2021 04:30am
Stocks European shares hold gains LONDON: European shares stayed well above 1% on Thursday after the European Central Bank promised continued support... Published 17 Dec, 2021 04:30am
Stocks Major Gulf bourses rise in line with global shares DUBAI: Major stock markets ended higher on Thursday in line with global shares, after the US Federal Reserve said it... Published 17 Dec, 2021 04:30am
Stocks Wall Street rises as Fed gears up for inflation fight NEW YORK: Wall Street’s main indexes climbed on Thursday after the Federal Reserve announced a faster wind-down of... Published 17 Dec, 2021 04:30am
Stocks British banks lift FTSE 100 LONDON: Shares in British banks rallied on Thursday, lifting the blue-chip FTSE 100 after the Bank of England ... Published 17 Dec, 2021 04:30am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on... Published 17 Dec, 2021 04:30am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 17 Dec, 2021 04:30am
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 17 Dec, 2021 04:30am
Rates EFU Aitemad Growth Fund Rates KARACHI: EFU Aitemad Growth Fund Rates on Thursday (December 16, 2021). ======================== OFFER PRICE... Published 17 Dec, 2021 04:30am
Rates EFU Capital Growth Fund Rates KARACHI: EFU Capital Growth Fund Rates on Thursday (December 16, 2021). ======================== OFFER PRICE... Published 17 Dec, 2021 04:30am
Rates EFU Pension Growth Fund Rates KARACHI: EFU Pension Growth Fund Rates on Thursday (December 16, 2021). ======================== OFFER PRICE... Published 17 Dec, 2021 04:30am
Rates EFU Managed Growth Fund Rates KARACHI: EFU Managed Growth Fund Rates on Thursday (December 16, 2021). ======================== OFFER PRICE... Published 17 Dec, 2021 04:30am
Rates JLI TAKAFUL INCOME FUND KARACHI: JLI Takaful Income Fund Rates on Thursday (December 16, 2021). ======================== Offer Price... Published 17 Dec, 2021 04:30am
Rates JLI TAKAFUL BALANCE FUND KARACHI: JLI Takaful Balance Fund Rates on Thursday (December 16, 2021). ======================== Offer Price... Published 17 Dec, 2021 04:30am
Rates JLI CAPITAL GROWTH TAKAFUL FUND KARACHI: JLI Capital Growth Takaful Fund Rates on Thursday (December 16, 2021). ======================== Offer ... Published 17 Dec, 2021 04:30am
Rates JLI MANAGED TAKAFUL FUND KARACHI: JLI Managed Takaful Fund Rates on Thursday (December 16, 2021). ======================== Offer Price... Published 17 Dec, 2021 04:30am
Rates JLI YAQEEN GROWTH FUND RATES KARACHI: JLI Yaqeen Growth Fund Rates on Thursday (December 16, 2021). ======================== Offer Price... Published 17 Dec, 2021 04:30am
Rates JLI MEESEQ Fund Rates KARACHI: JLI Meeseq Fund Rates on Thursday (December 16, 2021). ======================== Offer Price 1,190.0559... Published 17 Dec, 2021 04:30am
Rates JLI Capital Growth Fund Rates KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Thursday (December 16, 2021). ========================... Published 17 Dec, 2021 04:30am
Rates JLI Managed Growth Fund Rates KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Thursday (December 16, 2021). ========================... Published 17 Dec, 2021 04:30am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Thursday (December 16, 2021). ========================== KIBOR... Published 17 Dec, 2021 04:30am
Rates LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Thursday (December 16, 2021).... Published 17 Dec, 2021 04:30am
Rates Profit-taking drags PSX down KARACHI: Pakistan Stock Exchange Thursday witnessed selling pressure and closed in negative zone as the investors... Published 17 Dec, 2021 04:30am
Cotton & Textile New York cotton NEW YORK: The following were the fluctuations observed during the day:... Published 17 Dec, 2021 04:30am
Cotton & Textile Cotton rises over 1pc as dollar retreats NEW YORK: ICE cotton futures rose more than 1% on Thursday, helped by a retreat in the dollar and healthy US exports... Published 17 Dec, 2021 04:30am
Energy Oil rises about 2pc on strong US demand, upbeat Fed outlook NEW YORK: Oil prices gained around 2% on Thursday, as record US implied demand, falling crude stockpiles and an... Published 17 Dec, 2021 04:30am
Energy Oil force majeure will cost Ecuador economy $600m QUITO: The economic impact of recent operational problems for Ecuador’s oil industry will be some $600 million, ... Published 17 Dec, 2021 04:30am
Energy Asia’s gasoline cracks drop amid demand concerns NEW DELHI: Asian refining margins for gasoline fell on Thursday as raw material crude prices firmed, while some... Published 17 Dec, 2021 04:30am
Rates Activities of Karachi Port KARACHI: The Karachi Port Trust handled 129,957 tonnes of cargo comprising 68,651 Tones of import cargo and 61,306... Published 17 Dec, 2021 04:30am
Cotton & Textile Cotton Spot Rates KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Thursday (December 16, 2021).... Published 17 Dec, 2021 04:30am
Cotton & Textile Slow trading activity on cotton market LAHORE: The Spot Rate remained unchanged on Thursday. The market remained steady and the trading volume remained ... Published 17 Dec, 2021 04:30am
Rates LME official prices LONDON: The following were Wednesday official prices. ========================================== ALUMINIUM... Published 17 Dec, 2021 04:30am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (December 16, 2021)... Published 17 Dec, 2021 04:30am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Thursday (December 16, 2021). ======================================= ... Published 17 Dec, 2021 04:30am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 16, 2021).... Published 17 Dec, 2021 04:30am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Thursday (December 16, 2021). ======================== Open ... Published 17 Dec, 2021 04:30am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (December 16, 2021).... Published 17 Dec, 2021 04:30am