Media giants buy IPL cricket rights for $6.2bn MUMBAI: India’s cricket board said Tuesday it has sold the broadcast rights of the IPL tournament for the next ... Published 15 Jun, 2022 08:28am
Middle East Saudi Arabia and Yemen’s Houthis resume direct talks RIYADH: Warring parties Saudi Arabia and the Yemen’s Houthi movement have resumed direct talks to discuss security... Published 15 Jun, 2022 08:28am
Energy Germany’s refinery dilemma tests Russian oil ban resolve BERLIN: Germany is struggling to find a way to wrest control of a Russian-owned refinery that supplies most of... Published 15 Jun, 2022 08:28am
DIA IR detects mega sales tax fraud KARACHI: Directorate of Internal Audit (DIA), Inland Revenue (IR), Karachi has detected a mega sales tax fraud that... Published 15 Jun, 2022 08:28am
Energy Facing gas ‘blackmail’ by Russia, EU turns to Israel BEERSHEBA, (Israel): The European Union wants to strengthen its energy cooperation with Israel in light of ... Published 15 Jun, 2022 08:22am
Grains EU wheat eases with Chicago PARIS: Euronext wheat ticked lower on Tuesday in step with Chicago futures as economic worries hung over financial... Published 15 Jun, 2022 08:22am
Energy Oil rises as tight supply outweighs recession, China demand fears LONDON: Oil prices rose on Tuesday as tight global supply outweighed worries that fuel demand would be hit by a... Published 15 Jun, 2022 08:22am
Commodities Palm ends four-day decline KUALA LUMPUR: Malaysian palm oil futures rose on Tuesday, snapping four consecutive sessions of losses, on... Published 15 Jun, 2022 08:22am
Grains Corn, wheat, soya fall amid decline in financial markets CHICAGO: US grain and soybean futures declined on Tuesday amid pressure from a fall in financial markets and ... Published 15 Jun, 2022 08:22am
Industry July-May 2022: Exports to Italy cross $1bn mark ISLAMABAD: Italy has become billion-dollar export market for Pakistan for the first time ever as during first 11... Published 15 Jun, 2022 08:22am
Energy Dastgir directs KE to ensure power during water supply hours ISLAMABAD: Federal minister for power, Engr Khurram Dastgir Khan Tuesday directed K-Electric to ensure power supply... Published 15 Jun, 2022 08:22am
Taxes ‘Issue of declaring production/transmission of electricity as ‘goods’ must be referred to CCI’ ISLAMABAD: The Senate Standing Committee on Finance has recommended that the issue of declaring... Published 15 Jun, 2022 08:22am
FATF: Khar to represent Pakistan ISLAMABAD: Minister of State for Foreign Affairs Hina Rabbani Khar is in Berlin to fight Pakistan’s case in the... Published 15 Jun, 2022 08:22am
Energy Dozens hospitalised after Iran chemical leak TEHRAN: More than 130 people were hospitalised with breathing difficulties following a chemical leak at a factory in... Published 15 Jun, 2022 07:42am
Middle East Iranian labour minister resigns amid protests against soaring living costs TEHRAN: Iran’s labour minister resigned on Tuesday amid daily nationwide protests by pensioners, merchants and... Published 15 Jun, 2022 07:37am
Commodities Aluminium hits seven-month low • Nickel hits three-month low • Tin slides to year weakest Published 15 Jun, 2022 07:37am
Commodities Gold eases as dollar resumes rally in run up to Fed decision NEW YORK: Gold gave up small gains in range-bound trading on Tuesday as the dollar resumed its climb and hit a... Published 15 Jun, 2022 07:37am
Energy Miftah for reforming energy sector ISLAMABAD: Federal Minister for Finance Miftah Ismail, Tuesday, while stressing the need for reforming the energy... Published 15 Jun, 2022 07:26am
Polluted air cuts global life expectancy by two years PARIS: Microscopic air pollution caused mostly by burning fossil fuels shortens lives worldwide by more than two... Published 15 Jun, 2022 07:26am
Money & Banking Fed begins meeting with massive hike possible amid price surge WASHINGTON: US central bankers opened their two-day policy meeting Tuesday amid a blistering inflation surge that ... Published 15 Jun, 2022 07:26am
Middle East UAE urges Covid caution as cases double in a week DUBAI: The United Arab Emirates warned Monday that people must follow its anti-Covid measures including wearing ... Published 15 Jun, 2022 07:26am
Sindh budget: Rs152bn tagged for law, order KARACHI: The Sindh government has earmarked Rs 152.08 billion for law and order in its budget for the financial year... Published 15 Jun, 2022 07:15am
Energy KE paid Rs3.2bn to SSGC in June KARACHI: This refers to the news item that appeared in Business Recorder issue of June 14, 2022. It must be noted... Published 15 Jun, 2022 07:15am
Tobacco kills 438 Pakistanis every day KARACHI: Director Tobacco Control, Ministry of National Health Services, Regulations & Coordination (MoNHSRC), ... Published 15 Jun, 2022 07:15am
Sindh Budget: Education gets paltry allocation KARACHI: Out of the total budget outlay of Rs 1.7 trillion, the Sindh government has reserved only 2 percent, ie, Rs... Published 15 Jun, 2022 07:15am
Industry Country’s first EV charging station opened in Karachi KARACHI: Pakistan’s first ultra-rapid DC charging station for electric vehicles has been inaugurated in Karachi.... Published 15 Jun, 2022 07:15am
Industry TPL Trakker BoD approves demerger of co’s mapping segment KARACHI: The Board of Directors of TPL Trakker Limited has approved the demerger of the mapping segment of the... Published 15 Jun, 2022 07:15am
Budgets Punjab proposes Rs19.53bn for agriculture, irrigation, livestock LAHORE: The Punjab government has proposed a sum of Rs19.53 billion as the Annual Development Programme (ADP)... Published 15 Jun, 2022 06:58am
PTI has reservations against new US ambassador: Mazari ISLAMABAD: The flamboyant Pakistan Tehreek-e-Insaf (PTI) leader Dr Shireen Mazari on Tuesday said that her party has... Published 15 Jun, 2022 06:58am
SU further reduces petrol limit of academics, officers HYDERABAD: Amid rising inflation, the Sindh University authorities have adopted further austerity measures in a bid... Published 15 Jun, 2022 06:58am
Companies ‘Heimtextil perfect platform for showcasing vast design potential’ KARACHI: Jawed Yunus Tabba, CEO, Lucky Textile Mills said, “Heimtextil is the one opportunity, we have each year ... Published 15 Jun, 2022 06:58am
Budgets FBR reviewing tax relief of Rs47bn to salaried class ISLAMABAD: Federal Board of Revenue (FBR) Chairman Asim Ahmad said Tuesday that the FBR is reviewing the tax relief... Updated 15 Jun, 2022 07:37pm
CS directs depts to remain alert for dealing with possible floods LAHORE: Chief Secretary Punjab Kamran Ali Afzal has directed all the relevant departments to remain alert and ... Published 15 Jun, 2022 06:43am
ECP directed to decide plea against Bilawal in 30 days LAHORE: The Lahore High Court on Tuesday disposed of a petition of a US national Pakistani Syed Iqtidar Shah and... Published 15 Jun, 2022 06:43am
Budgets Jhagra censures federal govt for reduction in NMD’s uplift funds PESHAWAR: KP Minister for Finance, Taimoor Saleem Jhagra has censured the federal government for reduction in... Published 15 Jun, 2022 06:43am
Budgets Punjab govt proposes Rs240bn for South Punjab LAHORE: In the Punjab Budget 2022-23, the Punjab government has proposed an allocation of Rs 240 billion, 35 percent... Published 15 Jun, 2022 06:43am
People on ECL can’t go abroad without Interior Ministry’s nod: SC ISLAMABAD: The Supreme Court said is monitoring the situation and would not let any institution transgress its... Published 15 Jun, 2022 06:30am
Budgets Hamza blames Imran, Elahi for halting Punjab budget session LAHORE: While deadlock persists between the treasury and opposition benches over presentation of Punjab budget... Published 15 Jun, 2022 06:30am
Foreign funding case: Three-member ECP bench reserves verdict ISLAMABAD: Former ruling party Pakistan Tehreek-e-Insaf (PTI), Tuesday, moved a fresh application in the Election... Published 15 Jun, 2022 06:30am
Over Rs50bn in money laundering case: Subcommittee to probe out-of-court settlement by PTI govt ISLAMABAD: The federal cabinet on Tuesday constituted a subcommittee to investigate an out-of-court settlement made... Published 15 Jun, 2022 06:30am
Budgets Anomalies in Finance Bill, 2022: Anomaly committees constituted ISLAMABAD: The Chairman, Federal Board of Revenue/Secretary Revenue Division has constituted two Anomaly Committees... Published 15 Jun, 2022 06:30am
Budgets Deadlock over Punjab budget session persists LAHORE: As a result of the deadlock between the opposition and treasury benches on the issue of the presence of the... Published 15 Jun, 2022 06:30am
PARTLY FACETIOUS: The Khan’s narrative no longer effective? “The airwaves are full of pitching the coalition government’s narrative, or lack thereof, against The Khan’s... Published 15 Jun, 2022 06:30am
President creating obstacles in country’s affairs: Khaqan ISLAMABAD: Pakistan Muslim League-Nawaz senior vice president and former premier Shahid Khaqan Abbasi on Tuesday... Published 15 Jun, 2022 06:30am
CRR, housing finance: SBP issues fresh directives to banks KARACHI: The State Bank of Pakistan (SBP) has issued fresh directives for the Cash Reserve Requirement (CRR) and... Published 15 Jun, 2022 05:47am
Energy Nepra agrees to let KE recover Rs9bn from consumers ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) on Tuesday agreed in principle to allow Karachi... Updated 15 Jun, 2022 09:54am
LG polls in KP: PTI asks ECP to halt proceedings in code of conduct violation case ISLAMABAD: Former ruling party Pakistan Tehreek-e-Insaf (PTI) on Tuesday demanded of the electoral body to halt the... Published 15 Jun, 2022 05:47am
Towards a fast track solar programme A fast track solar programme appears to be the need of the hour for reducing electricity cost. At least 1000MW ... Published 15 Jun, 2022 05:47am
Global economy at a delicate crossroad – II A similar balance should be struck in the case of developing countries like Pakistan for it is critical to dealing... Published 15 Jun, 2022 05:47am
What’s right? Perhaps a lot. Certainly more Right than what’s wrong. Pakistan came into existence about 75 years back, which in... Published 15 Jun, 2022 05:47am
US stocks’ bear market growl could beckon recession The bear market in US stocks could be a prelude to even tougher times to come: a market swoon has often come... Published 15 Jun, 2022 05:47am
Letters The challenge of price hike That the then finance minister Shaukat Tarin was regularly monitoring the prices of essential kitchen items on a... Published 15 Jun, 2022 05:47am
Middle East Israeli writer A B Yehoshua dies OCCUPIED JERUSALEM: Avraham B. Yehoshua, one of Israel’s most revered and prolific novelists and a vocal supporter... Published 15 Jun, 2022 05:47am
Governor donates blood for thalassemia kids LAHORE: Punjab Governor Muhammad Baligh-ur-Rehman on Tuesday donated blood for children suffering from thalassemia ... Published 15 Jun, 2022 05:47am
UVAS holds post-budget dialogue LAHORE: The University of Veterinary and Animal Sciences (UVAS) Lahore held a post-budget dialogue on Tuesday where... Published 15 Jun, 2022 05:47am
Karachi University: HRCP condemns ‘abduction’ of Baloch students LAHORE: The Human Rights Commission of Pakistan (HRCP) has strongly condemned the recent cycle of “abductions”... Published 15 Jun, 2022 05:47am
The Weather KARACHI: The weather report on Tuesday (June 14, 2022) and the forecast for Wednesday (June 15, 2022)... Published 15 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 15 Jun, 2022 05:47am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 15 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 15 Jun, 2022 05:47am
Stocks Stocks end on positive note KARACHI: Pakistan Stock Exchange Tuesday closed on a positive note due to expectations of Pakistan’s exclusion ... Published 15 Jun, 2022 05:47am
Energy HSFO cash differentials flip back into premiums SINGAPORE: Cash differentials for high sulphur fuel oil (HSFO) in Asia have flipped from discounts into premiums as... Published 15 Jun, 2022 05:47am
Energy Jet fuel cracks climb, cash premiums slip SINGAPORE: Asian refining margins for jet fuel rose on Tuesday, lingering close to an all-time high touched last... Published 15 Jun, 2022 05:47am
Energy US natgas slides on extended Freeport outage NEW YORK: US natural gas futures tumbled more than 17% on Tuesday on news that the restart of the Freeport liquefied... Published 15 Jun, 2022 05:47am
Stocks FTSE 100 falls for six straight sessions LONDON: UK’s FTSE 100 fell for a sixth straight session on Tuesday, as investors raised bets on how high central... Published 15 Jun, 2022 05:47am
Stocks Wall Street slips heading into Fed’s big rate decision NEW YORK: US stocks on Tuesday extended losses from a bruising previous session in which the S&P 500 confirmed a... Published 15 Jun, 2022 05:47am
Stocks European stocks post six straight days of losses LONDON: European equities reversed early gains on Tuesday to extend their selloff for a sixth straight session on... Published 15 Jun, 2022 05:47am
Stocks Abu Dhabi snaps 9-day losing streak; Saudi extends losses DUBAI: Abu Dhabi’s stock market rebounded on Tuesday, ending a nine-day losing streak, while the Saudi index... Published 15 Jun, 2022 05:47am
Stocks Indian shares end lower BENGALURU: Indian shares ended lower on Tuesday as a surge in wholesale price inflation to 30-year highs stoked ... Published 15 Jun, 2022 05:47am
Stocks Shanghai stocks end at 3-month high SHANGHAI: Shanghai stocks closed at three-month highs, while Hong Kong shares ended unchanged on Tuesday, despite an... Published 15 Jun, 2022 05:47am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (June 14, 2022)... Published 15 Jun, 2022 05:47am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Tuesday (June 14, 2022). ======================================= Offset... Published 15 Jun, 2022 05:47am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (June 14, 2022).... Published 15 Jun, 2022 05:47am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Tuesday (June 14, 2022). ======================== Open Bid Rs... Published 15 Jun, 2022 05:47am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (June 14, 2022).... Published 15 Jun, 2022 05:47am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Tuesday (June 14, 2022).... Published 15 Jun, 2022 05:47am
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 15 Jun, 2022 05:47am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Tuesday (June 14, 2022).... Published 15 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 ... Published 15 Jun, 2022 05:47am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (June 14, 2022). ==================================== BR... Published 15 Jun, 2022 05:47am
Rates BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 15 Jun, 2022 05:47am
Rates Board meetings in progress KARACHI: Board Meetings in Progress of Companies listed on the Pakistan Stock Exchange.... Published 15 Jun, 2022 05:47am
Rates Dividend/Bonus Announcements KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.... Published 15 Jun, 2022 05:47am
Rates Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 15 Jun, 2022 05:47am
Rates Clearing Schedule for T+2 System KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System.... Published 15 Jun, 2022 05:47am
Rates EFU TAKAFUL CONSERVATIVE FUND RATES KARACHI: EFU Takaful Conservative Fund Rates on Tuesday (June 14, 2022). ======================== OFFER PRICE... Published 15 Jun, 2022 05:47am
Rates EFU TAKAFUL AGGRESSIVE FUND RATES KARACHI: EFU Takaful Aggressive Fund Rates on Tuesday (June 14, 2022). ======================== OFFER PRICE... Published 15 Jun, 2022 05:47am
Rates EFU TAKAFUL GROWTH FUND RATES KARACHI: EFU Takaful Growth Fund Rates on Tuesday (June 14, 2022). ======================== OFFER PRICE ... Published 15 Jun, 2022 05:47am
Rates EFU INCOME GROWTH FUND KARACHI: EFU Income Growth Fund Rates on Tuesday (June 14, 2022). ======================== OFFER PRICE 990.7123... Published 15 Jun, 2022 05:47am
Rates EFU AGGRESSIVE FUND RATES KARACHI: EFU Aggressive Fund Rates on Tuesday (June 14, 2022). ======================== OFFER PRICE 1,394.2063 ... Published 15 Jun, 2022 05:47am
Rates EFU GUARANTEED GROWTH FUND RATES KARACHI: EFU Guaranteed Growth Fund Rates on Tuesday (June 14, 2022). ======================== OFFER PRICE... Published 15 Jun, 2022 05:47am
Rates EFU Aitemad Growth Fund Rates KARACHI: EFU Aitemad Growth Fund Rates on Tuesday (June 14, 2022). ======================== OFFER PRICE ... Published 15 Jun, 2022 05:47am
Rates EFU Capital Growth Fund Rates KARACHI: EFU Capital Growth Fund Rates on Tuesday (June 14, 2022). ======================== OFFER PRICE ... Published 15 Jun, 2022 05:47am
Rates EFU Pension Growth Fund Rates KARACHI: EFU Pension Growth Fund Rates on Tuesday (June 14, 2022). ======================== OFFER PRICE ... Published 15 Jun, 2022 05:47am
Rates EFU Managed Growth Fund Rates KARACHI: EFU Managed Growth Fund Rates on Tuesday (June 14, 2022). ======================== OFFER PRICE ... Published 15 Jun, 2022 05:47am
Rates JLI TAKAFUL INCOME FUND KARACHI: JLI Takaful Income Fund Rates on Tuesday (June 14, 2022). ======================== Offer Price ... Published 15 Jun, 2022 05:47am
Rates JLI TAKAFUL BALANCE FUND KARACHI: JLI Takaful Balance Fund Rates on Tuesday (June 14, 2022). ======================== Offer Price... Published 15 Jun, 2022 05:47am
Rates JLI CAPITAL GROWTH TAKAFUL FUND KARACHI: JLI Capital Growth Takaful Fund Rates on Tuesday (June 14, 2022). ======================== Offer Price... Published 15 Jun, 2022 05:47am
Rates JLI MANAGED TAKAFUL FUND KARACHI: JLI Managed Takaful Fund Rates on Tuesday (June 14, 2022). ======================== Offer Price... Published 15 Jun, 2022 05:47am
Rates JLI YAQEEN GROWTH FUND RATES KARACHI: JLI Yaqeen Growth Fund Rates on Tuesday (June 14, 2022). ======================== Offer Price 1,587.1497... Published 15 Jun, 2022 05:47am