News Archives for Print - 2022-05-19

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Print - 2022-05-19

Taxes

DII (IR) official removed from service for ‘aiding’ accused

ISLAMABAD: The Federal Board of Revenue (FBR) has dismissed from services, an official of the Directorate of...

Published 19 May, 2022 06:58am

‘Invest in Pakistan Forum-2022’ held in Silicon Valley

SAN JOSE: The “Invest in Pakistan” Forum was held in San Jose, Silicon Valley. In his welcome address, ...

Published 19 May, 2022 06:58am

Energy

Power Division considering reconstituting power sector companies’ BoDs

LAHORE: The Power Division (PD) is seriously considering reconstituting Board of Directors (BoDs) of all the power...

Published 19 May, 2022 06:58am

Saudi companies invited to invest in petroleum industry

LAHORE: Chairman Oil Marketing Association of Pakistan (OMAP) Tariq Wazir Ali has invited Saudi industrialists to...

Published 19 May, 2022 06:58am

Pakistan safe due to sacrifices of Army: COAS

RAWALPINDI: Chief of Army Staff (COAS) General Qamar Javed Bajwa on Wednesday said Pakistan was safe due to the...

Published 19 May, 2022 06:58am

‘Muslims being subjected to oppression in India’

ISLAMABAD: Minister for Planning and Development Ahsan Iqbal has said the comity of nations will have to tread the...

Published 19 May, 2022 06:58am

Grade-21 to Grade-22: Promotion of officers considered

ISLAMABAD: Prime Minister Shehbaz Sharif chaired the High-Powered Selection Board meeting on Wednesday for the...

Published 19 May, 2022 06:58am

Air University organises 2nd International Conference on Physics

ISLAMABAD: Air University has organised 2nd ‘Two Days International Conference on Physics,’ during which ...

Published 19 May, 2022 06:58am

‘Benazir Mazdoor Smart Card’ Sindh govt, Nadra sign contract, says minister

ISLAMABAD: Minister for Labour and Human Resources, Sindh, Saeed Ghani said that the Sindh government signed a...

Published 19 May, 2022 06:58am

Industry

PCJCCI president for technological advancement in Pakistan

LAHORE: President Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) Wang Zihai pledged to spur the pace...

Published 19 May, 2022 06:58am

Industry

SME sector: Call to enhance JV between Pakistan and Korea

LAHORE: Korea-Pakistan Industrial Collaboration Forum-2022 organised by Korean Trade and Investment Agency...

Published 19 May, 2022 06:58am

South Asia

Hindus file new petitions to stop Muslims from entering mosque

LUCKNO: Members of hardline Hindu groups filed petitions in a court in northern India to stop Muslims from entering ...

Published 19 May, 2022 06:34am

Commodities

US MIDDAY: Gold erases losses

NEW YORKI: Gold reversed course to rise on Wednesday as a slide in US Treasury yields helped offset pressure from a...

Published 19 May, 2022 06:34am

Commodities

US MIDDAY: US wheat futures slide

CHICAGO: US grains futures fell on Wednesday following a report about the United Nations’ efforts to restore...

Published 19 May, 2022 06:34am

Commodities

Gold’s lustre dulls as dollar rebounds, rate hike fears loom

LONDON: Gold prices fell on Wednesday as looming US interest rate hike fears and a resurgent dollar dimmed the...

Published 19 May, 2022 06:34am

Commodities

Arabica coffee slides as Brazil frost fears fade

LONDON: Arabica coffee futures on ICE fell more than 2% on Wednesday, having hit a 3-1/2 week high in the previous...

Published 19 May, 2022 06:34am

Commodities

EU wheat falls in correction move after rally

PARIS: European wheat fell on Wednesday in a correction move and profit taking after a two-week rally on concerns...

Published 19 May, 2022 06:34am

Commodities

Brazil coffee, cane, corn fields spared from frosts

SAO PAULO: There were no strong frosts over Brazilian coffee, sugarcane and corn fields early on Wednesday as a cold...

Published 19 May, 2022 06:34am

Commodities

Palm oil firms as Indonesian export ban remains in place

KUALA LUMPUR: Malaysian palm oil futures inched higher at close on Wednesday after trading in a tight range on the...

Published 19 May, 2022 06:34am

Commodities

Japan rubber futures rise on stronger Nikkei, tight raw material supply

SINGAPORE: Japanese rubber futures rose on Wednesday, supported by stronger Tokyo equities and tighter raw material...

Published 19 May, 2022 06:34am

Commodities

Copper prices fall on US Fed pledge for high rates

LONDON: Copper prices retreated on Wednesday under pressure from a stronger dollar after the Federal Reserve...

Published 19 May, 2022 06:34am

Commodities

India warns of fuel-supply cuts to utilities if coal imports delayed

NEW DELHI: India’s power ministry on Wednesday said it would cut domestic fuel supply to state government-run...

Published 19 May, 2022 06:34am

Money & Banking

US ‘likely’ to scrap Russia debt payment exemption: Yellen

KÖNIGSWINTER, (Germany): The United States will likely end an exemption allowing Moscow to pay its foreign debts...

Published 19 May, 2022 06:34am

Energy

Ogra chief vows to implement ordinance in true letter & spirit

ISLAMABAD: Oil and Gas Regulatory Authority (Ogra) Chairman, Masroor Khan, has reiterated his commitments to...

Published 19 May, 2022 06:14am

Taxes

Pharmaceutical companies: FBR body agrees to resolve ST refunds-related issues

ISLAMABAD: The Issues Resolution Committee of the Federal Board of Revenue (FBR) has agreed to resolve sales tax...

Published 19 May, 2022 06:14am

Countdown for Imran begins, claims PPP

LAHORE: The Pakistan Muslim League-Nawaz (PML-N) and its allies in Punjab are united, and there exists no threat to...

Published 19 May, 2022 06:14am

Commodities

Gold prices hit another all-time high

KARACHI: Gold prices on Wednesday hit another all-time high in the local market, traders said. The precious metal...

Published 19 May, 2022 06:14am

Industry

Russia says economy grew 3.5pc in first quarter

MOSCOW: Russia’s state statistics agency said on Wednesday it expected economic growth to stand at 3.5 percent in...

Published 19 May, 2022 06:14am

Middle East

Iran hostage taker kills three, takes own life

TEHRAN: A disgruntled employee of a huge Iranian foundation killed three of his colleagues before taking his own ...

Published 19 May, 2022 06:14am

Europe

EU floats idea of massive aid to rebuild Ukraine

BRUSSELS: Top EU officials on Wednesday urged member states to be ambitious in helping Ukraine rebuild after the ...

Published 19 May, 2022 06:14am

USA

Ex-police officer pleads guilty to manslaughter in George Floyd death

MINNEAPOLIS: One of three former Minneapolis police officers facing trial for the death of George Floyd pleaded...

Published 19 May, 2022 06:14am

The Weather

KARACHI: The weather report on Wednesday (May 18, 2022) and the forecast for Thursday (May 19, 2022)...