Defective meters to be replaced soon: Fesco FAISALABAD: Faisal-abad Electric Supply Company (Fesco) is striving hard to facilitate its consumers all over the... Published 10 Jun, 2022 08:07am
K-E’s monopoly to end in 2023: Minister KARACHI: Sindh Minister for Energy Imtiaz Sheikh on Thursday said that K-Electric’s monopoly will end in 2023,... Published 10 Jun, 2022 08:07am
ACCA releases budget proposals: Govt, parties urged to sign charter of economy for 10-15 years KARACHI: In the budget proposals released by the Association of Chartered Certified Accountants (ACCA), the body of... Published 10 Jun, 2022 08:07am
CM thanks Italian govt for recognising Bilquis Edhi’s services KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that his government and Italy are working very closely in... Published 10 Jun, 2022 08:07am
Commodities Gold prices decline KARACHI: Gold prices on Thursday further reduced in the local market, traders said. They declined by Rs1500 to... Published 10 Jun, 2022 08:07am
Utilities, payment to retd employees: LG dept officials asked to prepare report on payment of dues HYDERABAD: Qazi Shahid Pervez, Consultant, Government of Sindh Local Government Department has directed the officers... Published 10 Jun, 2022 08:07am
Companies NdcTech signs strategic agreement with Nutshell Communications KARACHI: NdcTech has entered into a strategic communication partnership with Nutshell Communications (Private)... Published 10 Jun, 2022 07:42am
‘Anti-trader policies’: Peshawar traders warn of protest drive PESHAWAR: Local traders have warned the government of launching a protest movement against ‘unwarranted actions’... Published 10 Jun, 2022 07:38am
Money & Banking MCB Islamic Bank signs MoU with Federation of Realtors Pakistan ISLAMABAD: MCB Islamic Bank Ltd and Federation of Realtors Pakistan have joined hands for provision of Riba-free... Published 10 Jun, 2022 07:38am
Energy NTDC inefficiency: nine countrywide blackouts occur since mid-2018 LAHORE: As many as nine countrywide electricity blackouts have been witnessed since mid-2018 due to inefficient... Published 10 Jun, 2022 07:38am
UN Women Pakistan, Nishat Mills join forces to promote gender equality LAHORE: The private sector is increasingly being recognised not only as a driver of economic growth, but also as a... Published 10 Jun, 2022 07:38am
RTO Lahore recovers Rs32m in first week of June LAHORE: The Regional Tax Office (RTO) Lahore has recovered Rs32,839,961 during the first week of the current month,... Published 10 Jun, 2022 07:38am
‘South Punjab Secretariat’ of PTI govt nothing but mere lollypop: governor LAHORE: Terming the ‘South Punjab Secretariat’ created by the former PTI government as a mere lollypop for the... Published 10 Jun, 2022 07:38am
Supply of water to Karachi: Three contracts for work on Phase-I of K-IV awarded ISLAMABAD: The Water and Power Development Authority (WAPDA) has awarded three contracts worth Rs 98.5 billion for... Published 10 Jun, 2022 07:38am
Industry Arpatech announces opening of office in Islamabad KARACHI: The Arpatech (Pvt) Ltd has announced the official opening of its branch office in Amazon Mall, Islamabad.... Published 10 Jun, 2022 07:38am
Industry Exports: FPCCI chief for exploring Norwegian market KARACHI: President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Irfan Iqbal Sheikh has regretted... Published 10 Jun, 2022 07:38am
Industry Delay in IMF deal increases pressure on PKR: Mian Zahid KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum ... Published 10 Jun, 2022 07:38am
Money & Banking SBP hosts meetings of IFSB KARACHI: State Bank of Pakistan (SBP) hosted the 40th Council Meeting and 20th General Assembly of the Islamic... Published 10 Jun, 2022 07:38am
Timely execution of schemes: PM forms body to review projects in Gwadar ISLAMABAD: Prime Minister Shehbaz Sharif has constituted a Steering Committee to periodically review the Gwadar’s... Published 10 Jun, 2022 07:20am
Silkbank to receive Rs12bn equity to consolidate its financial health KARACHI: Backed by the significant announcement by Silkbank Limited of an Expression of Interest from M/s. Park View... Published 10 Jun, 2022 07:00am
Budget FY23 and IMF’s programme “Among the most difficult problems faced by developing countries is that of balancing a budget that is swollen by... Published 10 Jun, 2022 06:16am
Global economy at a delicate crossroad – I Global economy stands at a delicate crossroad, where wrong policy choices will be difficult to unwind in at least ... Published 10 Jun, 2022 06:16am
Trademark dispute: SC sets aside SHC judgment ISLAMABAD: The Supreme Court on Thursday set aside the judgment of the Sindh High Court (SHC) and the decision of ... Published 10 Jun, 2022 06:16am
Middle East Israel’s Bennett holds talks in UAE after Iran snub, trade deal ABU DHABI: Israel’s Prime Minister Naftali Bennett held talks with the leader of the United Arab Emirates on... Published 10 Jun, 2022 06:16am
World’s poor paying more for less food: UN PARIS: Poor countries are expected to suffer the most from worldwide food crises exacerbated by the war in Ukraine ... Published 10 Jun, 2022 06:16am
South Asia Suspended BJP spokeswoman in more trouble NEW DELHI: Police in New Delhi said on Thursday they have filed a complaint against a suspended spokeswoman for... Published 10 Jun, 2022 06:16am
Middle East IAEA warns of ‘fatal blow’ to nuclear deal as Iran removes its cameras VIENNA: Iran on Thursday dealt a near-fatal blow to chances of reviving the 2015 Iran nuclear deal as it began... Published 10 Jun, 2022 06:16am
South Asia Another member of Sri Lanka’s ruling clan quits COLOMBO: Another member of Sri Lanka’s ruling family quit public office on Thursday, denying responsibility for an... Published 10 Jun, 2022 06:16am
Blinken warns Iran actions risk deepening nuclear crisis, isolation WASHINGTON: US Secretary of State Antony Blinken said Thursday that Iran is risking greater isolation and heightened... Published 10 Jun, 2022 06:16am
FY 2020-21: Cumulative education expenditures declined to 1.77pc of GDP Islamabad: The cumulative education expenditures by federal and provincial governments in fiscal year 2020-21... Published 10 Jun, 2022 06:16am
SC, HC judges: 10pc raise in salaries, judicial allowance approved ISLAMABAD: President Dr Arif Alvi on Thursday approved 10 percent raise in the salaries and judicial allowance of ... Published 10 Jun, 2022 06:16am
Former govt allocated Rs1.93bn to its flagship ‘TBTTP’ ISLAMABAD: The former government allocated some Rs1.93 billion under its flagship ‘Ten Billion Tree Tsunami... Published 10 Jun, 2022 06:16am
July-March FY21-22: Telecom sector contributes Rs163.3bn to exchequer ISLAMABAD: Telecom sector contributed Rs 163.3 billion to the national exchequer in terms of taxes, regulatory fees,... Published 10 Jun, 2022 06:16am
IMF deal not in the interest of the public: Tarin ISLAMABAD: Former finance minister Shaukat Tarin has asserted that the agreement with International Monetary Fund... Published 10 Jun, 2022 06:16am
WORLD ACCREDITATION DAY Joint Statement By Emanuele Riva, IAF Chair, and Etty Feller, ILAC Chair TEXT: World Accreditation Day 2022 Accreditation: Sustainability in Economic Growth and the Environment The global... Published 10 Jun, 2022 06:16am
WORLD ACCREDITATION DAY Message from Ismat Gul Khattak Director General PNAC TEXT: The Role of PNAC in Enhancing the Economy of Pakistan Every year World Accreditation Day is celebrated with a... Published 10 Jun, 2022 06:16am
WORLD ACCREDITATION DAY Message from Ghulam Muhammad Memon Secretary Science and Technology TEXT: I am pleased to observe that Pakistan joins the international community in celebrating the World Accreditation... Published 10 Jun, 2022 06:16am
WORLD ACCREDITATION DAY Message from Agha Hassan Baloch Minister Science and Technology TEXT: Every year, 09th June is marked as “World Accreditation Day” (WAD), through a global initiative jointly... Published 10 Jun, 2022 06:16am
The Weather KARACHI: The weather report on Thursday (June 09, 2022) and the forecast for Friday (June 10, 2022)... Published 10 Jun, 2022 06:16am
Survey makes no overt political statement The most carefully watched aspect of the Economic Survey 2021-22 is not the data that is usually limited to March... Published 10 Jun, 2022 06:16am
IK describes Survey as vindication of his govt’s policies ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman and former Prime Minister Imran Khan on Thursday questioned why... Published 10 Jun, 2022 06:16am
Stocks Stocks end on positive note KARACHI: Pakistan Stock Exchange Thursday witnessed a positive trend and closed on strong positive note on the back... Published 10 Jun, 2022 06:16am
Joint session of parliament approves electoral, NAB bills ISLAMABAD: The coalition government passed on Thursday two controversial bills – the Elections (Amend-ment) Bill,... Published 10 Jun, 2022 06:16am
Govt has fulfilled promise of providing cheaper wheat flour to people in KP: PM ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Thursday said that the present government had fulfilled the... Published 10 Jun, 2022 06:16am
Senate adopts two govt bills amid opposition’s protest ISLAMABAD: Amid strong protest by the opposition against the placement of the controversial National Accountability... Published 10 Jun, 2022 06:16am
Hamza vows to provide relief to inflation-hit people LAHORE: Chief Minister Punjab Hamza Shehbaz said on Thursday that the whole administrative and political machinery... Published 10 Jun, 2022 06:16am
IHC directs Mariam Malik to appear before FIA ISLAMABAD: The Islamabad High Court (IHC) on Thursday directed social media activist Mariam Malik to appear before... Published 10 Jun, 2022 06:16am
Allegations of bid rigging in Discos’ tenders: CCP starts probe against suspected steel cartel ISLAMABAD: The Competition Commission of Pakistan (CCP) has launched an investigation against a suspected cartel of... Updated 10 Jun, 2022 06:59am
President approves national awards for slain Chinese teachers ISLAMABAD: President Dr Arif Alvi on Thursday approved the conferment of Tamgha-i-Imtiaz on three Chinese teachers... Published 10 Jun, 2022 06:16am
Foreign funding case: IHC disposes of PTI leader’s plea ISLAMABAD: The Islamabad High Court (IHC) on Thursday disposed of an application moved by the Pakistan... Published 10 Jun, 2022 06:16am
Aamir Liaquat passes away KARACHI: Famed television personality and Pakistan Tehreek-e-Insaf (PTI) Member of National Assembly (MNA) Dr Aamir... Published 10 Jun, 2022 06:16am
PTI’s female MNAs mount protest outside parliament ISLAMABAD: Female parliamentarians of the Pakistan Tehreek-e-Insaf (PTI) on Thursday staged a protest outside the... Published 10 Jun, 2022 06:16am
Maryam advices PESS members to return their titles ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) vice-president Maryam Nawaz on Thursday advised retired military... Published 10 Jun, 2022 06:16am
NA passes Export-Import Bank of Pakistan Bill, 2022 ISLAMABAD: The National Assembly on Thursday passed “The Export-Import Bank of Pakistan Bill, 2022” with a... Published 10 Jun, 2022 06:16am
PARTLY FACETIOUS: Govt should designate a place for protest “Is the Long March or dharna or whatever still on?” “You mean the gathering of a large number of people on ... Published 10 Jun, 2022 06:16am
Economic Survey: PIA reduces workforce by 40pc ISLAMABAD: The national flag carrier of Pakistan has reduced its workforce by nearly 40 per cent, the Economic ... Published 10 Jun, 2022 06:16am
Sustainable agriculture linked to enhanced food security HYDERABAD: Dr. Fateh Marri, Vice Chancellor, Sindh Agriculture University, said that the unavailability of adequate... Published 10 Jun, 2022 06:16am
Rs171.88bn given to 9.1m beneficiaries under BISP ISLAMABAD: Rs 171.88 billion was disbursed to 9.1 million beneficiaries under the Benazir Income Support Programme... Published 10 Jun, 2022 06:16am
How a battery shortage is hampering the US switch to wind, solar power US renewable energy developers have delayed or scrapped several big battery projects meant to store electrical power... Published 10 Jun, 2022 06:16am
Letters This time BJP-RSS combine has gone too far Steep regression of India under the BJP, the world’s largest political party, since Narendra Modi became prime... Updated 10 Jun, 2022 06:41am
Stocks Indian shares snap losses BENGALURU: A rally in energy and technology stocks propelled Indian shares to a firmer finish on Thursday, ending a... Published 10 Jun, 2022 06:16am
Stocks China shares end lower SHANGHAI: Chinese shares snapped a four-session gaining streak to close down on Thursday, with growth stocks leading... Published 10 Jun, 2022 06:16am
Stocks Euro zone shares slide 1pc after ECB signals rates lift-off LONDON: European shares hit two-week lows on Thursday after the European Central Bank signalled a higher interest... Published 10 Jun, 2022 06:16am
Stocks Most Gulf markets end mixed, Qatar rises DUBAI: Most stock markets in Middle East ended mixed on Thursday with the UAE leading the losses, while Qatar saw ... Published 10 Jun, 2022 06:16am
Stocks Wall Street falls as growth stocks struggle with inflation reading in focus NEW YORK: Wall Street’s main indexes fell in choppy trading on Thursday, as growth and bank stocks slipped amid... Published 10 Jun, 2022 06:16am
Stocks London shares slip LONDON: UK’s FTSE 100 slipped for a third straight session on Thursday, after the European Central Bank signalled... Published 10 Jun, 2022 06:16am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on... Published 10 Jun, 2022 06:16am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 10 Jun, 2022 06:16am
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 10 Jun, 2022 06:16am
Rates JLI MANAGED TAKAFUL FUND KARACHI: JLI Managed Takaful Fund Rates on Thursday (June 09, 2022). ======================== Offer Price... Published 10 Jun, 2022 06:16am
Rates JLI YAQEEN GROWTH FUND RATES KARACHI: JLI Yaqeen Growth Fund Rates on Thursday (June 09, 2022). ======================== Offer Price ... Published 10 Jun, 2022 06:16am
Rates JLI MEESEQ Fund Rates KARACHI: JLI Meeseq Fund Rates on Thursday (June 09, 2022). ======================== Offer Price 1,200.6765 Bid... Published 10 Jun, 2022 06:16am
Rates JLI Capital Growth Fund Rates KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Thursday (June 09, 2022). ========================... Published 10 Jun, 2022 06:16am
Rates JLI Managed Growth Fund Rates KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Thursday (June 09, 2022). ========================... Published 10 Jun, 2022 06:16am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Thursday (June 09, 2022). ========================== KIBOR... Published 10 Jun, 2022 06:16am
Rates LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Thursday (June 09, 2022).... Published 10 Jun, 2022 06:16am
Energy Oracle accuses PPIB of putting $4bn project on ice ISLAMABAD: M/s Oracle Power has reportedly accused Private Power & Infrastructure Board (PPIB) of putting its $ ... Published 10 Jun, 2022 06:16am
Energy No intention to increase gas price by 45pc, says Miftah ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail on Thursday said that so far the government has no... Published 10 Jun, 2022 06:16am
Commodities PMEX daily trading report KARACHI: On Wednesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 12.303... Published 10 Jun, 2022 06:16am
Energy Asia Distillates: Gasoil cash premiums rise SINGAPORE: Asia’s cash premiums for 10 ppm gasoil rose on Thursday, supported by firmer buying interest in the... Published 10 Jun, 2022 06:16am
Energy Asia Fuel Oil: Cash differentials steady on tight supply outlook SINGAPORE: Cash differentials in Asia’s fuel oil market edged slightly higher on Thursday despite muted trading... Published 10 Jun, 2022 06:16am
Commodities USDA sees Brazil coffee crop, exports up in 2022/23 NEW YORK: The United States Department of Agriculture (USDA) expects an 11% production increase for the 2022/23... Published 10 Jun, 2022 06:16am
Commodities Iron ore little changed as worries remain over weak steel profits in China MANILA: Dalian and Singapore iron ore futures were range-bound on Thursday as traders remained cautious due to weak... Published 10 Jun, 2022 06:16am
Commodities Asia rice: India rates rise as fears of export curb accelerate demand HANOI/BANGKOK/MUMBAI/DHAKA: Export prices for Indian rice rose further this week, supported by strong demand and... Published 10 Jun, 2022 06:16am
Energy US natgas drop on explosion at Texas Freeport LNG plant NEW YORK: US natural gas futures dropped about 5% on Wednesday on reports of a fire at the Freeport liquefied ... Published 10 Jun, 2022 06:16am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 153,670 tonnes of cargo comprising 115,875 tonnes of import cargo and 37,795... Published 10 Jun, 2022 06:16am
Commodities FranceAgriMer cuts wheat export outlook PARIS: Farm office FranceAgriMer on Thursday lowered its forecast for French soft wheat exports outside the European... Published 10 Jun, 2022 06:16am
Cotton & Textile Cotton Spot Rates KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Thursday (June 09, 2022).... Published 10 Jun, 2022 06:16am
Cotton & Textile Listless business on cotton market LAHORE: The local market on Thursday remained steady and the trading volume remained low. Cotton Analyst Naseem... Published 10 Jun, 2022 06:16am
Rates LME official prices LONDON: The following were Wednesday official prices. ========================================= ALUMINIUM... Published 10 Jun, 2022 06:16am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (June 09, 2022)... Published 10 Jun, 2022 06:16am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Thursday (June 09, 2022). ======================================= Offset... Published 10 Jun, 2022 06:16am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (June 09, 2022).... Published 10 Jun, 2022 06:16am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Thursday (June 09, 2022). ======================== Open Bid Rs... Published 10 Jun, 2022 06:16am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (June 09, 2022).... Published 10 Jun, 2022 06:16am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Thursday (June 09, 2022).... Published 10 Jun, 2022 06:16am
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 10 Jun, 2022 06:16am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Thursday (June 09, 2022).... Published 10 Jun, 2022 06:16am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (June 09, 2022). ==================================== BR... Published 10 Jun, 2022 06:16am
Rates BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 10 Jun, 2022 06:16am