Money & Banking ‘Legalising crypto trade to bring Rs20bn in taxes’ ISLAMABAD: Pakistan could generate at least $100 million (Rs20 billion) in the form of taxes in a one-year period by... Updated 18 May, 2022 10:51am
Ahsan vows to revive the process of development in Gwadar QUETTA: Federal Minister for Planning, Development and Reform Ahsan Iqbal has said that the completion of all CPEC... Published 18 May, 2022 06:59am
Project aimed at empowering women: Philip Morris provides financial support to Kashf Foundation KARACHI: Philip Morris (Pakistan) Limited (PMPKL) provided financial support to Kashf Foundation, a non-profit... Published 18 May, 2022 06:59am
Industry Trade deficit of $1.4bn with S Korea worries FPCCI chief KARACHI: President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Irfan Iqbal Sheikh has... Published 18 May, 2022 06:59am
Industry Waiver of ‘EIF’ and ‘E Form’: PAJCCI urges govt to expedite approval KARACHI: Zubair Motiwala, Chairman Pakistan Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) on Tuesday... Published 18 May, 2022 06:59am
Commodities Gold prices hit new record high KARACHI: Gold prices on Tuesday reached another historic high in the local market, traders said. Up by Rs1,500, the... Published 18 May, 2022 06:59am
Industry Parties exhorted to take urgent steps for economic stability KARACHI: Expressing concern over the deteriorating situation in the country, President of Korangi Association of... Published 18 May, 2022 06:59am
PBC’s CERB hosts workshop on ‘employee well-being’ with EBM KARACHI: The PBC’s Centre of Excellence in Responsible Business (CERB), in partnership with EBM hosted a workshop... Published 18 May, 2022 06:59am
SSC exams: Computer studies paper leaked on social media in Karachi KARACHI: Despite all the tall claims, the Sindh education department seems helpless in controlling the continuous... Published 18 May, 2022 06:59am
Sindh CM, EU team discuss talent scheme KARACHI: Sindh Chief Minister Syed Murad Ali Shah and a high-power delegation of European Union led by Thomas ... Published 18 May, 2022 06:59am
Defection reference against MPAs: ECP reserves its verdict ISLAMABAD: Election Commission of Pakistan (ECP) on Tuesday reserved its verdict in the defection reference against... Published 18 May, 2022 06:59am
Industry Major US baby formula producer agrees with regulators on restarting production WASHINGTON: Amid a US shortage of baby formula, officials announced Monday a previously closed manufacturer would... Published 18 May, 2022 06:59am
Industry India’s heatwave to lift AC sales to record NEW DELHI: Indian air conditioner manufacturers are expecting record sales this year as a heatwave scorches most of... Published 18 May, 2022 06:59am
Middle East Hezbollah lose ground, reformists surge in Lebanon polls BEIRUT: Shia group Hezbollah and its allies lost their majority in Lebanon’s parliament, official results showed... Published 18 May, 2022 06:59am
Musk says no Twitter deal without clarity on spam accounts NEW YORK: Billionaire Elon Musk said Tuesday that his purchase of Twitter would not go ahead unless he was given... Published 18 May, 2022 06:59am
Energy Russia jumps to 4th position as oil supplier to India NEW DELHI: Russia became the fourth-largest oil supplier to India in April, with volumes set to rise further in... Published 18 May, 2022 06:59am
Biden visits site of racist mass shooting WASHINGTON: President Joe Biden flew Tuesday to mourn at the site of America’s latest deadly mass shooting, ... Published 18 May, 2022 06:59am
Middle East Iran says French pair held for trying to stir unrest TEHRAN: Iran on Tuesday said it arrested two French nationals this month for allegedly attempting to foment unrest ... Published 18 May, 2022 06:59am
Industry Yellen and trade czar Tai at odds over China tariffs WASHINGTON: President Joe Biden will have to resolve a heated internal debate among his aides over whether to cut... Published 18 May, 2022 06:59am
South Asia Taliban shut down Afghan human rights body KABUL: Taliban authorities on Tuesday said they have dissolved Afghanistan’s independent human rights commission ... Published 18 May, 2022 06:59am
South Asia Taliban promise ‘good news’ on girls’ education WASHINGTON: Afghanistan’s interior minister promised “very good news” soon on the return of girls to secondary... Published 18 May, 2022 06:59am
MENA Founded in Dubai, expanded to Pakistan: Bagallery has more countries on its horizon DUBAI: Before the pandemic, online shopping was still a growing sector in Pakistan. When the lockdowns ensued, ... Updated 18 May, 2022 10:20am
Bazm-e-Javedan organises commemorative friendly cricket match KARACHI: Bazm-e-Javedan organised a commemorative friendly cricket match between Dukhtar-e-Mashriq Women College and... Published 18 May, 2022 05:54am
Govt rejects IK’s ‘immediate’ election demand ISLAMABAD: A meeting of coalition partners presided over by Prime Minister Shehbaz Sharif has decided to solicit... Published 18 May, 2022 05:54am
IHC stops Hanif Abbasi from working as SAPM ISLAMABAD: The Islamabad High Court (IHC) on Tuesday stopped Special Assistant to the Prime Minister Hanif Abbasi... Published 18 May, 2022 05:54am
NAB reference: Hafeez Sheikh granted protective bail by SHC KARACHI: Former Finance Minister Abdul Hafeez Sheikh has been granted protective bail from the Sindh High Court... Published 18 May, 2022 05:54am
River inflows, outflows register gains LAHORE: The river inflows and outflows at Tarbela, Mangla and Chashma along with the reservoirs levels and the... Published 18 May, 2022 05:54am
Imran says SC verdict has saved ‘moral values’ KOHAT: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan Tuesday thanked the Supreme Court of Pakistan, saying the... Published 18 May, 2022 05:54am
Bilawal’s visit to US termed vital ISLAMABAD: Pakistan is pinning expectations from Foreign Minister Bilawal Bhutto-Zardari’s meeting with the United... Published 18 May, 2022 05:54am
Minister releases Rs300m for KKH rehabilitation HAVELIAN: Federal Minister for Parliamentary Affairs Murtaza Javed Abbasi on Tuesday released a fund of Rs 300... Published 18 May, 2022 05:54am
Interpretation of Article 63(A): PML-N leader terms SC verdict advisory in nature LAHORE: Pakistan Muslim League-Nawaz (PML-N) leader Ataullah Tarar said on Tuesday that the Supreme Court verdict on... Published 18 May, 2022 05:54am
LHC bench overrules office objections on PTI’s ICAs LAHORE: A larger bench of the Lahore High Court on Tuesday overruled office objections on Intra Court Appeals (ICAs)... Published 18 May, 2022 05:54am
‘DRAP received bribe’ TIP urges govt to initiate probe against officials involved ISLAMABAD: The Transparency International Pakistan (TIP) while taking notice of a news item carried by Business... Published 18 May, 2022 05:54am
PTC celebrates 75th year of operation: Musadik advocates documentation of economy to generate legitimate revenue ISLAMABAD: Terming illicit trade as a major issue for documented sectors, State Minister for Petroleum Musadik Malik... Published 18 May, 2022 05:54am
Four shot dead over land dispute in Khushab KHUSHAB: At least four persons were shot dead and others sustained bullet wounds over a land dispute in this city in... Published 18 May, 2022 05:54am
PARTLY FACETIOUS: Khan needs a food taster “What I don’t understand is why consult with regional parties on issues that they are not only unlikely to, but... Published 18 May, 2022 05:54am
Shell Pakistan inaugurates hostel at NHMP training college KARACHI: The Commandant Police Training College DIG Mahboob Aslam and the Chief Executive and Managing Director of... Published 18 May, 2022 05:54am
Anarkali blast: CTD arrests two suspects LAHORE: The Punjab Police’s Counter-Terrorism Department (CTD) has arrested two suspects allegedly involved in the... Published 18 May, 2022 05:54am
Security forces kill two TTP terrorists in NW RAWALPINDI: The Security forces on Tuesday killed the two most wanted terrorists of the proscribed Tehreek-i-Taliban... Published 18 May, 2022 05:54am
Balochistan and Karachi: Sanjrani, Siraj concerned over surge in terrorism LAHORE: Senate Chairman Sadiq Sanjrani met Jamaat-e-Islami Emir Sirajul Haq along with Senator Prince Ahmed Umar... Published 18 May, 2022 05:54am
KP govt approves launching of food card for deserving families PESHAWAR: The provincial government of Khyber Pakhtunkhwa has formally approved the launching of Insaf Food Card to... Published 18 May, 2022 05:54am
Locust presence: UAF scientists conducting survey in Sindh, Balochistan FAISALABAD: The University of Agriculture Faisalabad scientists under the project of World Bank and HEC funded Grand... Published 18 May, 2022 05:54am
Political parties should not make remarks against army: PKI LAHORE: The growers’ community, warning the political parties to refrain from making any remarks against the... Published 18 May, 2022 05:54am
PM forms body on legislative cases ISLAMABAD: Prime Minister has constituted Cabinet Committee on disposal of Legislative Cases (CCLC) to be headed by... Published 18 May, 2022 05:54am
CM takes notice of illegal construction in Murree LAHORE: Chief Minister Punjab Hamza Shahbaz has sought a report about the illegal construction of buildings during... Published 18 May, 2022 05:54am
Navigating exchange rate labyrinth Classical economic theory of demand and supply for goods applies just as well to a currency, the Pak rupee, the... Published 18 May, 2022 05:54am
Pakistan’s taxation regime discourages self-employment and small businesses Pakistan’s tax policy discourages individuals from self-employment or running small businesses. While salaried... Published 18 May, 2022 05:54am
Why Twitter has ignored Elon Musk’s ‘trolling’ A unilateral pronouncement that the acquisition of Twitter Inc is “on hold”. Fierce criticism of the social ... Published 18 May, 2022 05:54am
UN Resident Coordinator meets AJK President MIRPUR (AJK): Azad Jammu and Kashmir President Barrister Sultan Mehmood Chaudhry said on Tuesday that for effective... Published 18 May, 2022 05:54am
Letters Billboards on high-rise buildings in Karachi Supreme Court of Pakistan has already passed an order, asking the authorities concerned to remove billboards from... Published 18 May, 2022 05:54am
Engineers’ internships: Abad, PEC sign MoU KARACHI: The Association of Builders and Developers of Pakistan (Abad) and the Pakistan Engineering Council (PEC)... Published 18 May, 2022 05:54am
ICAP body holds CFO Conference 2022 KARACHI: The Professional Accountants in Business (PAIB) Committee of the Institute of Chartered Accountants of... Published 18 May, 2022 05:54am
Fazl suggests Nawaz should return home, participate in politics ISLAMABAD: Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman said on Tuesday that he was in favor of the... Published 18 May, 2022 05:54am
Climate change task force will coordinate across sectors: Sherry ISLAMABAD: Minister for Climate Change Senator Sherry Rehman on Tuesday said that the climate change task force will... Published 18 May, 2022 05:54am
Engineers’ internships: Abad,PEC sign MoU KARACHI: The Association of Builders and Developers of Pakistan (Abad) and the Pakistan Engineering Council (PEC)... Published 18 May, 2022 05:54am
Two students from Pakistan shine in global science competition KARACHI: The International Science and Engineering Fair (Regeneron ISEF), a program of Society for Science &... Published 18 May, 2022 05:54am
Concern expressed over netting of croakers off Balochistan KARACHI: Fishermen hauled commercially high-value ‘croakers fish’ in Balochistan waters last weekend, fetching... Published 18 May, 2022 05:54am
PTI to be held accountable for mismanagement: Sherry ISLAMABAD: Pakistan People’s Party (PPP) Vice President Senator Sherry Rehman said that Pakistan Tehreek-e-Insaf... Published 18 May, 2022 05:54am
How space for press freedom has been restricted KARACHI: Legislative measures, physical attacks, online threats and trolling, government-led labelling — in the... Published 18 May, 2022 05:54am
Speakers at conference discuss gas sector reform agenda ISLAMABAD: Pakistan Energy Reforms Summit was addressed here on Tuesday by former Prime Minister of Pakistan/ Former... Published 18 May, 2022 05:54am
APUBTA threatens to stage sit-in in front of HEC head office FAISALABAD: All Pakistan Universities BPS Teachers Association (APUBTA) has strongly reacted to the detraction of ... Published 18 May, 2022 05:54am
Acting NTDC MD relinquishes his charge LAHORE: Acting Managing Director (MD) of National Transmission & Despatch Company (NTDC) Engr. Manzoor Ahmed has... Published 18 May, 2022 05:54am
Police has traced and arrested a blind murder ISLAMABAD: A team of Shehzad Town Police Station has traced a blind murder and arrested the accused, a police... Published 18 May, 2022 05:54am
Alvi for further augmenting Pak-Saudi ties ISLAMABAD: President Dr Arif Alvi said that there is a need to develop a strategic and broad-based partnership... Published 18 May, 2022 05:54am
Minister briefed about WB-funded programmes ISLAMABAD: Minister of State on Finance and Revenue Dr Aisha Ghous Pasha held a meeting with Country Director World... Published 18 May, 2022 05:54am
The Weather KARACHI: The weather report on Tuesday (May 17, 2022) and the forecast for Wednesday (May 18, 2022).... Published 18 May, 2022 05:54am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on ... Published 18 May, 2022 05:54am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 18 May, 2022 05:54am
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 18 May, 2022 05:54am
Rates PSX ends on positive note KARACHI: Pakistan Stock Exchange on Tuesday witnessed mixed trend and after oscillating between green and red... Published 18 May, 2022 05:54am
Grains EU wheat ends flat at record levels after volatile session PARIS: European wheat prices ended unchanged on Tuesday after sharp moves throughout the session with the market ... Published 18 May, 2022 05:54am
Energy Gasoil cracks extend losses on weak China demand NEW DELHI: Asian gasoil markets continued to weaken on Tuesday after posting weekly decline for two straight weeks,... Published 18 May, 2022 05:54am
Energy US natgas futures rise on output drop, warmer forecasts NEW YORK: US natural gas futures rose about 4% on Tuesday to a one-week high on a preliminary drop in daily output... Published 18 May, 2022 05:54am
Energy Asia’s gasoline crack hits fresh high on upbeat demand SINGAPORE: Asia’s gasoline refining profit margin extended gains on Tuesday and scaled a new high due to firmer... Published 18 May, 2022 05:54am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 97,153 tonnes of cargo comprising 84,888 tonnes of import cargo and 12,265... Published 18 May, 2022 05:54am
Stocks Chinese internet stocks rise on signs of easing regulation SHANGHAI: US-listed shares of Chinese technology companies rose, driven by signs of China easing its regulatory... Published 18 May, 2022 05:54am
Stocks Indian shares settle higher BENGALURU: Indian shares extended gains to a second session as metal stocks rallied over hopes of revival in demand... Published 18 May, 2022 05:54am
Stocks European shares end up over 1pc LONDON: European shares ended higher on Tuesday, on hopes that demand in China could be sustained as authorities... Published 18 May, 2022 05:54am
Stocks Abu Dhabi leads most Gulf bourses higher; Saudi falls DUBAI: Abu Dhabi led most Gulf stock markets higher on Tuesday in line with global shares, while the Saudi index... Published 18 May, 2022 05:54am
Stocks Wall Street climbs on gains in banks, strong retail sales data NEW YORK: US stocks rose on Tuesday, as Citigroup led a surge in bank shares after Berkshire Hathaway revealed a big... Published 18 May, 2022 05:54am
Stocks FTSE 100 lags European peers on strong pound LONDON: UK stocks advanced on Tuesday on hopes that China would ease its COVID-19 curbs and regulatory scrutiny,... Published 18 May, 2022 05:54am
Rates LME official prices LONDON: The following were Monday official prices. ========================================= ALUMINIUM... Published 18 May, 2022 05:54am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (May 17, 2022)... Published 18 May, 2022 05:54am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Tuesday (May 17, 2022). ======================================= Offset ... Published 18 May, 2022 05:54am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (May 17, 2022).... Published 18 May, 2022 05:54am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Tuesday (May 17, 2022). ======================== Open Bid Rs... Published 18 May, 2022 05:54am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (May 17, 2022).... Published 18 May, 2022 05:54am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Tuesday (May 17, 2022).... Published 18 May, 2022 05:54am
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 18 May, 2022 05:54am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Tuesday (May 17, 2022).... Published 18 May, 2022 05:54am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (May 17, 2022). ==================================== BR... Published 18 May, 2022 05:54am
Rates Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 18 May, 2022 05:54am
Rates Clearing Schedule for T+2 System KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System.... Published 18 May, 2022 05:54am
Rates EFU TAKAFUL CONSERVATIVE FUND RATES KARACHI: EFU Takaful Conservative Fund Rates on Tuesday (May 17, 2022). ======================== Offer Price... Published 18 May, 2022 05:54am
Rates EFU TAKAFUL AGGRESSIVE FUND RATES KARACHI: EFU Takaful Aggressive Fund Rates on Tuesday (May 17, 2022). ======================== Offer Price... Published 18 May, 2022 05:54am
Rates EFU TAKAFUL GROWTH FUND RATES KARACHI: EFU Takaful Growth Fund Rates on Tuesday (May 17, 2022). ======================== Offer Price 1,353.3711... Published 18 May, 2022 05:54am
Rates EFU INCOME GROWTH FUND RATES KARACHI: EFU Aggressive Fund Rates on Tuesday (May 17, 2022). ======================== Offer Price 980.2850 Bid... Published 18 May, 2022 05:54am
Rates EFU AGGRESSIVE FUND RATES KARACHI: EFU Aggressive Fund Rates on Tuesday (May 17, 2022). ======================== Offer Price 1,425.4296 Bid... Published 18 May, 2022 05:54am
Rates EFU GUARANTEED GROWTH FUND RATES KARACHI: EFU Guaranteed Growth Fund Rates on Tuesday (May 17, 2022). ======================== Offer Price... Published 18 May, 2022 05:54am
Rates EFU Aitemad Growth Fund Rates KARACHI: EFU Aitemad Growth Fund Rates on Tuesday (May 17, 2022). ======================== Offer Price 1,542.9340... Published 18 May, 2022 05:54am