Energy July LNG spot cargo delivery: PLL disqualifies two bids ISLAMABAD: Pakistan LNG Limited (PLL) disqualified two bidders for spot LNG purchase on a technical ground for... Published 07 Jun, 2022 07:34am
Industry Import of raw materials: poultry sector urges govt to remove ST LAHORE: Citing the losses poultry sector suffered during the last five years, the Pakistan Poultry Association has... Published 07 Jun, 2022 07:34am
Grains Balochistan increases wheat support price by Rs200 per 40kg QUETTA: The Balochistan cabinet on Monday approved Rs 200 increase in the support price of 40 kg wheat bag to ensure... Published 07 Jun, 2022 07:34am
Industry PTEA urges govt to restore RLNG supplies to CPPs FAISALABAD: Pakistan Textile Exporters Association (PTEA) has urged the government to immediately restore RLNG... Published 07 Jun, 2022 07:34am
Money & Banking UniCredit widens search for buyers to sell out of Russia MILAN: Italian bank UniCredit has widened its search for a buyer for its Russian business beyond local investors, as... Published 07 Jun, 2022 07:34am
USA Michigan widens probe into voting system breaches by Trump allies LANSING, (Michigan): State police in Michigan have obtained warrants to seize voting equipment and election-related... Published 07 Jun, 2022 07:27am
AkzoNobel upgrades Dulux EasyCare with new anti-viral properties LAHORE: As health and safety becomes a growing priority for consumers, Akzo Nobel Pakistan has taken on the task to... Published 07 Jun, 2022 07:27am
Money & Banking ITMinds to facilitate PQAMCL, PQFTL on back office services KARACHI: ITMinds Limited (ITMinds), a wholly owned subsidiary of Central Depository Company of Pakistan Limited... Published 07 Jun, 2022 07:27am
Promotion of seed sector: Governor asks local companies to prepare proposal in one week LAHORE: Punjab Governor Baligh Ur Rehman has tasked the local seed companies to prepare a comprehensive proposal and... Published 07 Jun, 2022 07:27am
Industry Arzish represents Pakistan at BSV Global Blockchain Convention ISLAMABAD: Pakistan’s leading advocate for the Blockchain industry, was invited to represent Pakistan as a speaker... Published 07 Jun, 2022 07:27am
Money & Banking FWBL, TDAP sign MoU to promote women entrepreneurs KARACHI: First Women Bank Ltd (FWBL) and TDAP have joined hands to work together for the promotion and development ... Published 07 Jun, 2022 07:27am
Degrees awarded to 200 graduates at Habib University convocation KARACHI: The 5th annual convocation of Habib University was held in which degrees were awarded to 200 graduate... Published 07 Jun, 2022 07:27am
Saving young generation from narcotics prime target: Bugti ISLAMABAD: Federal Minister for Narcotic Control Shahzain Bugti has said that establishing rehabilitation centres ... Published 07 Jun, 2022 07:27am
NA passes four bills ISLAMABAD: The National Assembly on Monday passed four bills including “State-Owned Enterprises (Governance and... Published 07 Jun, 2022 07:27am
Global tourist arrivals tripled in first quarter: UN MADRID: International tourist arrivals tripled in the first quarter compared with the same period in 2021, with... Published 07 Jun, 2022 06:59am
Europe Macron draws new wave of criticism over Russia comments PARIS: French President Emmanuel Macron has sparked a new wave of criticism and incomprehension over his calls to... Published 07 Jun, 2022 06:54am
USA New York governor signs new curbs on guns in wake of mass shootings NEW YORK: New York Governor Kathy Hochul on Monday signed a packet of 10 gun control bills into law, setting new... Published 07 Jun, 2022 06:54am
South Asia Bangladesh cancels top human rights group’s licence DHAKA: Bangladesh has cancelled the operating licence of its top human rights group and accused it of tarnishing the... Published 07 Jun, 2022 06:54am
NHA recommends inclusion of Rs7.869bn liabilities in PSDP ISLAMABAD: The National Highways Authority (NHA) Executive Board has recommended the liabilities of Rs7.869 billion... Published 07 Jun, 2022 06:54am
Industry Apple dives deeper into autos with software for car dashboard NEW YORK: Apple Inc on Monday announced it would more deeply integrate its software into the instrument cluster on... Published 07 Jun, 2022 06:54am
Money & Banking India Potash’s rouble-rupee payment deal stumbles in Russian bank NEW DELHI: Russia’s Sberbank has yet to process the first payment from Indian Potash Ltd (IPL) under a deal set up... Published 07 Jun, 2022 06:54am
Violation of stay order: Taxpayer moves LHC for contempt proceedings against Lahore CTO ISLAMABAD: An aggrieved taxpayer has moved the Lahore High Court (LHC) for contempt of court proceedings against the... Published 07 Jun, 2022 06:38am
Mian Akram Farid becomes acting EFP president KARACHI: Mian Akram Farid, Director EFP Board will serve as acting president of Employer’s Federation of Pakistan... Published 07 Jun, 2022 06:38am
Africa At least 20 dead in new DR Congo massacre BUNIA, (DR Congo): At least 20 people have been killed in a new massacre in DR Congo’s eastern province of Ituri, ... Published 07 Jun, 2022 06:38am
USA US moves to seize Russian oligarch Abramovich’s planes NEW YORK: US authorities have obtained warrants to seize two US-origin planes owned by Russian businessman Roman... Published 07 Jun, 2022 06:38am
Four coaches of Karachi Express derailed KARACHI: Four coaches of Lahore-bound train Karachi Express derailed as soon as it left Karachi cantonment station,... Published 07 Jun, 2022 06:38am
Industry Crisis in export-oriented industries: FPCCI demands full supplies of RLNG to power plants KARACHI: Irfan Iqbal Sheikh, President FPCCI, has demanded immediate restoration of full supplies of Regassified... Published 07 Jun, 2022 06:38am
KE endeavours to get more gas or RLNG at natural gas rate ISLAMABAD: Karachi Electric (KE) is reportedly using all available forums including provincial government and trade... Published 07 Jun, 2022 06:25am
7 power projects being set up under CPEC: Govt agrees to restore tax exemptions ISLAMABAD: The government has agreed to restore tax exemptions of seven power projects being established under China... Updated 07 Jun, 2022 09:57am
Middle East South Africa confirms arrest of two Gupta brothers in UAE JOHANNESBURG: Two Indian-born business brothers who were allegedly at the centre of a massive web of state ... Published 07 Jun, 2022 05:47am
Chinese foundation launches event for cultural exchanges, mutual learning ISLAMABAD: In order to promote cultural exchanges and mutual learning, and tighten people-to-people bonds between... Published 07 Jun, 2022 05:47am
Students of BZU-affiliated law colleges allowed to take exam ISLAMABAD: The Supreme Court allowed the students of various law colleges affiliated with Bahauddin Zakariya... Published 07 Jun, 2022 05:47am
Federal govt servants: PM approves higher timescale policy ISLAMABAD: Prime Minister Shehbaz Sharif has approved grant of higher timescale from BPS-1 to BPS-16 to all civil... Published 07 Jun, 2022 05:47am
Increase in petroleum prices: LHC seeks replies from govt, Ogra LAHORE: The Lahore High Court on Monday sought replies from the government, Oil and Gas Regulatory Authority (Ogra)... Published 07 Jun, 2022 05:47am
PUASA urges govt not to extend tenure of VC LAHORE: Punjab University Academic Staff Association and the syndicate members on Monday said that the government... Published 07 Jun, 2022 05:47am
National dialogue, charter of economy need of the hour: Marriyum ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb on Monday said that national dialogue and a... Published 07 Jun, 2022 05:47am
Notification for reserved seats of MPAs: LHC seeks reply from ECP on PTI’s plea LAHORE: The Lahore High Court on Monday sought a reply from the Election Commission of Pakistan (ECP) within ten ... Published 07 Jun, 2022 05:47am
PESSI launches mobile app to facilitate workers LAHORE: Punjab Employees Social Security Institution (PESSI) has successfully launched Cash Benefit Mobile... Published 07 Jun, 2022 05:47am
Wahab inspects cleaning of Frere Road drain KARACHI: Administrator Barrister Murtaza Wahab on Monday reviewed the work of cleaning of Frere Road drain in South... Published 07 Jun, 2022 05:47am
SHC accepts Dua Zehra’s marriage, disposes of case KARACHI: The Sindh High Court on Monday accepted the marriage of Dua Zehra and declared Zaheer Ahmad as her ... Published 07 Jun, 2022 05:47am
Indonesian consulate arranges event on family law, Pancasila norms KARACHI: Indonesian Consulate in Karachi held an event on Social Awareness on Family Law in Pakistan and the... Published 07 Jun, 2022 05:47am
Deforestation termed major cause of climate change HYDERABAD: Terming deforestation as a major cause of rampant climate change, the environmental experts on Monday... Published 07 Jun, 2022 05:47am
‘Free Hepatitis Jail’ drive launched LAHORE: With a view to check spread of hepatitis in the jails of Punjab, Sarwar Foundation announced the launch of a... Published 07 Jun, 2022 05:47am
DG Customs seizes Rs25m of smuggled goods KARACHI: Directorate General Customs Intelligence, Quetta has seized a substantial quantity of betel nuts, Iranian... Published 07 Jun, 2022 05:47am
The Weather KARACHI: The weather report on Monday (June 06, 2022) and the forecast for Tuesday (June 07, 2022)... Published 07 Jun, 2022 05:47am
Stocks PSX climbs on fresh buying KARACHI: Pakistan Stock Exchange Monday closed on a positive note with healthy gains on the back of fresh buying at... Published 07 Jun, 2022 05:47am
CJCSC says Pakistan a responsible nuclear power ISLAMABAD: Chairman Joint Chiefs of Staff Committee (JCSC) General Nadeem Raza on Monday said Pakistan is a... Published 07 Jun, 2022 05:47am
Ads on PM’s visit to Turkey: IHC turns down PTI leader’s petition ISLAMABAD: The Islamabad High Court (IHC) Monday turned down a petition moved by a Pakistan Tehreek-e-Insaf (PTI)... Published 07 Jun, 2022 05:47am
Fresh delimitation: SC allows PTI to amend its plea ISLAMABAD: The Supreme Court allowed Pakistan Tehreek-e-Insaf (PTI) to amend its petition against fresh delimitation... Published 07 Jun, 2022 05:47am
Sindh govt’s Orange Line BRT project misses another deadline KARACHI: The Sindh government could not meet the deadline of May 30 for the operational launch of Orange Line Bus... Published 07 Jun, 2022 05:47am
‘Veterans’ seek snap polls ISLAMABAD: The Veterans of Pakistan on Monday suggested immediate elections for stability in the country and the... Published 07 Jun, 2022 05:47am
‘US conspiracy’: Awan again calls for formation of judicial commission ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Babar Awan on Monday once again demanded the formation of a ... Published 07 Jun, 2022 05:47am
‘ECP to be fully ready to hold polls in October’ ISLAMABAD: Secretary Election Commission of Pakistan (ECP) Omar Hamid Khan said on Monday that the electoral body... Published 07 Jun, 2022 05:47am
Heat wave likely to hit country this week KARACHI: A new heat wave is expected to hit various parts of the country this week with increase in temperatures,... Published 07 Jun, 2022 05:47am
PTI MNA warns of suicide attack if Imran harmed ISLAMABAD: Attaullah, a diehard ex-lawmaker of Pakistan Tehreek-e-Insaf (PTI) on Monday threatened “those who run... Published 07 Jun, 2022 05:47am
Senators demand trade boycott of India ISLAMABAD: Lawmakers from both sides of the aisle came together in the upper house of the Parliament on Monday to... Published 07 Jun, 2022 05:47am
Heatwave spell beneficial for moisture-rich monsoon season ahead LAHORE: The ongoing spell of heatwave would prove blessing in disguise for the upcoming monsoon winds starting from... Published 07 Jun, 2022 05:47am
Maryam hints at big relief packages from Gulf countries LAHORE: Hinting at 2-3 big relief packages by the Gulf countries to steer country out of crises, PML-N ... Published 07 Jun, 2022 05:47am
Salik Hussain meets CM: PML-Q assures govt of support LAHORE: Federal Minister Salik Hussain and Shafay Hussain called on Chief Minister Punjab Hamza Shehbaz Sharif at ... Published 07 Jun, 2022 05:47am
PARTLY FACETIOUS: Sheikh Rashid’s moustache drooping? “One must match the face to the talk for heightened effectivity.” “Match the face to the talk? Never heard of... Published 07 Jun, 2022 05:47am
Imperatives for FY23 budget The federal budget for 2022-23 is to be presented by the coalition government on the 10th of June in the National... Published 07 Jun, 2022 05:47am
Grand dialogue: non-starter Prime Minister (PM) Shehbaz Sharif wants a ‘grand dialogue’ among all stakeholders to somehow keep sectors such... Published 07 Jun, 2022 05:47am
Panicked traders step up forward Indian rice purchases after wheat export ban India’s surprise ban on wheat exports has prompted rice traders to increase purchases and place unusual orders for... Published 07 Jun, 2022 05:47am
Letters Sheikh Rashid’s election forecast Veteran politician Sheikh Rashid Ahmad has predicted that the nation will be going to the polls anytime soon. How... Published 07 Jun, 2022 05:47am
Estimated/projected budget 2022-2023 The federal budget is expected to be presented on June 10, 2022. As a result of excessive politicisation of the... Updated 07 Jun, 2022 10:26am
Stocks Banks, commodity stocks lift European shares PARIS: European shares rose on Monday, helped by banks and commodity-linked stocks, as investors kept an eye out for... Published 07 Jun, 2022 05:47am
Stocks Commodity boost lifts FTSE 100; Melrose jumps on unit sale LONDON: London’s FTSE 100 rode a rally in commodity stocks to close higher on Monday, while jet and auto parts... Published 07 Jun, 2022 05:47am
Stocks Indian shares fall for second session as cement makers slump BENGALURU: Indian shares ticked lower on Monday as a slump in cement makers offset gains in metal stocks at the ... Published 07 Jun, 2022 05:47am
Stocks S&P 500, Nasdaq edge higher in choppy trade as growth stocks rise NEW YORK: The S&P 500 and the Nasdaq rose on Monday, recovering some losses suffered last week as investors... Published 07 Jun, 2022 05:47am
Stocks Oil price rise boosts Saudi index; Abu Dhabi extends losses DUBAI: Saudi Arabian shares outperformed other Gulf markets to close higher on Monday after the kingdom hiked prices... Published 07 Jun, 2022 05:47am
Stocks Japan’s Nikkei climbs to two-month peak as energy shares rally TOKYO: Japan’s Nikkei share average rose to a two-month closing high on Monday, as energy stocks rallied on... Published 07 Jun, 2022 05:47am
Stocks Shanghai, Hong Kong stocks close at two-month highs SHANGHAI: Shanghai and Hong Kong stocks closed at near two-month highs on Monday, as Beijing and Shanghai steadily... Published 07 Jun, 2022 05:47am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on Monday... Published 07 Jun, 2022 05:47am
Stocks Electronic/credit of dividend warrants/bonus/right share certificates KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates.... Published 07 Jun, 2022 05:47am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 07 Jun, 2022 05:47am
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 07 Jun, 2022 05:47am
Rates JLI MANAGED TAKAFUL FUND KARACHI: JLI Managed Takaful Fund Rates on Monday (June 06, 2022). ======================== Offer Price ... Published 07 Jun, 2022 05:47am
Rates JLI YAQEEN GROWTH FUND RATES KARACHI: JLI Yaqeen Growth Fund Rates on Monday (June 06, 2022). ======================== Offer Price 1,583.4844... Published 07 Jun, 2022 05:47am
Rates JLI MEESEQ Fund Rates KARACHI: JLI Meeseq Fund Rates on Monday (June 06, 2022). ======================== Offer Price 1,197.2319 Bid... Published 07 Jun, 2022 05:47am
Rates JLI Capital Growth Fund Rates KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Monday (June 06, 2022). ======================== Offer... Published 07 Jun, 2022 05:47am
Rates JLI Managed Growth Fund Rates KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Monday (June 06, 2022). ======================== Offer... Published 07 Jun, 2022 05:47am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Monday (June 06, 2022). ========================== KIBOR... Published 07 Jun, 2022 05:47am
Rates LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Monday (June 06, 2022).... Published 07 Jun, 2022 05:47am
Energy PD for subsidy withdrawal on HSD consumption by power sector ISLAMABAD: The Petroleum Division has proposed withdrawal of subsidy on consumption of High Speed Diesel (HSD) by ... Published 07 Jun, 2022 05:47am
Energy Provision of gas from Ghotki field to SNGPL: Chief secretary vows to probe into problem KARACHI: Sindh Chief Secretary Dr Muhammad Sohail Rajput has assured industrialists of the SITE area that he will... Published 07 Jun, 2022 05:47am
Energy Russian gas flows via Nord Stream 1 rise, other flows stable LONDON: Russian gas flows to Europe directly to Germany rose on Monday from its level during the weekend, while ... Published 07 Jun, 2022 05:47am
Energy EUROPE GAS: Prices mixed amid weak liquidity LONDON: British and Dutch wholesale gas prices were mixed on Monday morning amid weak liquidity due to a public... Published 07 Jun, 2022 05:47am
Energy Oil tops $120 a barrel on Saudi pricing despite OPEC+ deal NEW YORK: Oil prices were largely unchanged after choppy trade on Monday, buoyed by Saudi Arabia raising its July... Published 07 Jun, 2022 05:47am
Energy Energy Transfer signs agreement for LNG supply to China Gas SHANGHAI: Energy Transfer LNG, a unit of Energy Transfer LP, entered into a deal to supply 0.7 million tonnes of... Published 07 Jun, 2022 05:47am
Grains EU wheat prices climb as hopes for sea corridor from Ukraine fade LONDON: Euronext wheat rose sharply on Monday as intense fighting in Ukraine diminished hopes that a sea corridor... Published 07 Jun, 2022 05:47am
Grains White sugar futures hit highest in 5-1/2 years amid India export cap LONDON: White sugar futures on ICE hit their highest in 5-1/2 years, with dealers worried Indian exports might not... Published 07 Jun, 2022 05:47am
Grains US MIDDAY: US wheat futures surge CHICAGO: US wheat futures surged 6.3% on Monday, supported by concerns about lengthy disruptions to shipments out of... Published 07 Jun, 2022 05:47am
Energy Texas power use to hit record high on economic growth HOUSTON: Power demand in Texas is set to break the all-time record this week, far ahead of the hottest days of... Published 07 Jun, 2022 05:47am
Energy Russian wheat prices rise with active exports MOSCOW: Russian wheat export prices rose last week amid active supplies from the country’s Black Sea ports,... Published 07 Jun, 2022 05:47am
Energy Asia Distillates-Gasoil refining margins hit fresh record high SINGAPORE: Asian refining margins for 10 ppm gasoil soared to a record high on Monday, buoyed by expectations for... Published 07 Jun, 2022 05:47am
Energy Asia Fuel Oil: VLSFO eases, but firm gasoil market to cap decline SINGAPORE: Cash premiums in Asia’s 0.5% very low sulphur fuel oil (VLSFO) market eased for a second consecutive... Published 07 Jun, 2022 05:47am
Energy Asia Naphtha crack falls NEW DELHI: Asia’s naphtha refining profit margin dropped once again on Monday, after briefly pausing last week, ... Published 07 Jun, 2022 05:47am
Energy US natgas jump 7pc to 13-year high on rising air conditioning use NEW YORK: US natural gas futures jumped about 7% to a 13-year high on Monday on forecasts for hotter weather and... Published 07 Jun, 2022 05:47am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 343,532 tons of cargo comprising 250,851 tons of import cargo and 92,681 ... Published 07 Jun, 2022 05:47am
Cotton & Textile Cotton market remains steady, trading volume low Cotton Analyst Naseem Usman... Published 07 Jun, 2022 05:47am