‘UBL Datathon’ launched at Habib University KARACHI: The UBL in collaboration with Habib University launched the “UBL Datathon”, the first of its kind... Published 17 Jun, 2022 08:25am
Senate lands into frenzy over POL prices hike ISLAMABAD: The upper house of the Parliament landed into frenzy on Thursday following the opposition’s uproar over... Published 17 Jun, 2022 08:25am
Harassment of taxpayer: President reprimands FBR ISLAMABAD: President Dr Arif Alvi has reprimanded the Federal Board of Revenue (FBR) for harassing a taxpayer who... Published 17 Jun, 2022 08:25am
NDCs: OICCI holds discussion on climate actions KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) organised the first of a series of Industry... Published 17 Jun, 2022 08:25am
Taxes WeBoc system of Customs: FTO takes notice of discrepancies LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has taken notice of the absence of facility in WeBoc system... Published 17 Jun, 2022 08:20am
Industry Pak-BD trade volume likely to touch $1bn soon: HC KARACHI: Bangladesh High Commissioner to Pakistan Ruhul Alam Siddique has said that the bilateral trade between... Published 17 Jun, 2022 08:20am
Speaker greets students in Parliament House ISLAMABAD: National Assembly Speaker Raja Pervez Ashraf, Thursday, warmly welcomed in the Parliament House the... Published 17 Jun, 2022 08:20am
FWO chief’s absence from PAC meeting irks lawmakers ISLAMABAD: The absence of Director General (DG) Frontier Works Organisation (FWO) in the Public Accounts Committee... Published 17 Jun, 2022 08:20am
Money & Banking 20 applications received for licences of digital banks: Sima Kamil KARACHI: As many as 20 entities (both local and foreign) have applied for the licenses of digital banks under the... Published 17 Jun, 2022 08:20am
Ufone 4G launches ‘Sab Se Bari Offer’ KARACHI: Pakistan’s No 1 Voice and Data Network, Ufone 4G has introduced the industry’s biggest and most... Published 17 Jun, 2022 08:20am
Sydney residents urged to turn off lights MELBOURNE: Sydney residents were urged on Thursday to conserve power in the evening as much as possible to avert... Published 17 Jun, 2022 07:38am
PTI govt blamed for current economic woes ISLAMABAD: The coalition government, while urging the nation for adopting austerity measures as a cultural norm to... Published 17 Jun, 2022 07:38am
Hike in fuel prices criticised during Punjab PA ‘session’ LAHORE: Despite the promulgation of Ordinance by the Punjab Governor, Speaker Punjab Assembly Chaudhry Pervaiz Elahi... Published 17 Jun, 2022 07:38am
Forex reserves decline to $14.943bn KARACHI: The country’s total liquid foreign exchange reserves reached below the $15 billion mark. According to... Published 17 Jun, 2022 07:38am
US targets Chinese, Indian brokers in new Iran sanctions WASHINGTON: The United States on Thursday imposed sanctions on Iranian petrochemical producers as well as Chinese ... Published 17 Jun, 2022 07:38am
Protests against India’s new military recruitment system turn violent LUCKNOW: Police in northern India fired shots in the air on Thursday to push back stone-throwing crowds and... Published 17 Jun, 2022 07:38am
BoE nudges rates up again but says it’s ready to act forcefully LONDON: The Bank of England stuck to its gradual increases in interest rates on Thursday, as other central banks ... Published 17 Jun, 2022 07:09am
ACs adjourn hearings of Thatta water supply, sugarcane subsidy cases ISLAMABAD: The Accountability Courts on Thursday adjourned the hearings of Thatta water supply and sugarcane subsidy... Published 17 Jun, 2022 06:37am
NA-240 by-election: One killed, several injured in clashes between rival parties KARACHI: Armed clashes between workers of rival political parties left an elderly person dead and several others... Published 17 Jun, 2022 06:37am
PM thanks Saudi leadership for ‘Road to Makkah’ initiative ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday thanking the Saudi leadership for ‘Road to Makkah’ project,... Published 17 Jun, 2022 06:37am
Livestock sector: Governor calls for promoting research for economic uplift LAHORE: Governor Punjab Muhammad Baligh-ur-Rehman in a meeting with the vice-chancellor of Cholistan University has... Published 17 Jun, 2022 06:37am
JI announces ‘train march’ against POL products’ prices hike LAHORE: Chief of Jamaat-e-Islami Sirajul Haq has rejected the budget and hike in fuel prices and announced to launch... Published 17 Jun, 2022 06:37am
Zardari assures PPP workers of spending time in Punjab to revive party LAHORE: Former president Asif Ali Zardari has assured his party workers of spending maximum time in Punjab to revive... Published 17 Jun, 2022 06:37am
PM wants early launch of work on Sukkur-Hyderabad Motorway ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Thursday directed the authorities concerned to launch the... Published 17 Jun, 2022 06:37am
Moonis says cases against him will be withdrawn if he betrays Imran LAHORE: Pakistan Muslim League-Quaid (PML-Q) senior leader and former federal minister Moonis Elahi has claimed that... Published 17 Jun, 2022 06:37am
Juvenile fishing wreaking havoc on fisheries sector KARACHI: Illegal undersized fishing in the coastal parts of Balochistan is on the rise, as fisheries experts and a... Published 17 Jun, 2022 06:37am
Families returning to Tirah Valley after 12 years KARACHI: District administration and Frontier Corps North officials have been welcoming families returning after 12... Published 17 Jun, 2022 06:37am
PMPKL wins three GDEIB awards KARACHI: Philip Morris (Pakistan) Limited (PMPKL), in recognition of its efforts for workplace diversity and... Published 17 Jun, 2022 06:37am
UNHCR deputy calls on Bilawal ISLAMABAD: Deputy UN High Commissioner for Refugees (UNHCR), Kelly T Clements called on Foreign Minister Bilawal... Published 17 Jun, 2022 06:37am
Pakistan among top 23 countries facing drought emergency ISLAMABAD: Pakistan has been among the top 23 countries facing a major drought emergency. In a statement issued by... Published 17 Jun, 2022 06:37am
US envoy sees China lockdowns extending into 2023 WASHINGTON: China is likely to keep imposing sweeping lockdowns into 2023, the US ambassador said Thursday, as he... Published 17 Jun, 2022 06:37am
Middle East Iran arrests leftist for allegedly meeting detained French couple TEHRAN: Iranian authorities have arrested a left-wing activist suspected of meeting two French nationals detained... Published 17 Jun, 2022 06:37am
Europe EU leaders visit Ukraine after criticism, offer EU hope KYIV/IRPIN, (Ukraine): The leaders of Germany, France and Italy, all criticised in the past by Kyiv for support... Published 17 Jun, 2022 06:37am
South Asia Fresh protest in Bangladesh over BJP officials remarks DHAKA: Around 10,000 Muslims demonstrated in the Bangladeshi capital on Thursday in the second protest in a week ... Published 17 Jun, 2022 06:37am
South Asia Women not wearing hijab ‘trying to look like animals,’ say Taliban posters KANDAHAR: The Taliban’s religious police have put up posters across the southern Afghan city of Kandahar saying... Published 17 Jun, 2022 06:37am
Punjab govt allocates Rs100bn for social protection LAHORE: Under the Social Protection Initiatives and as a part of relief measures, the Punjab government has set ... Published 17 Jun, 2022 06:37am
PTI leader claims govt has decided to hike electricity rates by 80pc LAHORE: Pakistan Tehreek-e-Insaf Central Punjab General Secretary and former federal energy minister Hammad Azhar ... Published 17 Jun, 2022 06:37am
Cleaning of nullahs ordered by Wahab KARACHI: Administrator Karachi Barrister Murtaza Wahab on Thursday said that the work to desilt 41 major drains is ... Published 17 Jun, 2022 06:37am
The Weather KARACHI: The weather report on Thursday (June 16, 2022) and the forecast for Friday (June 17, 2022)... Published 17 Jun, 2022 06:37am
Stocks PSX: bulls rule the roost KARACHI: A bullish trend continued on Pakistan Stock Exchange Thursday due to investor confidence as the government... Published 17 Jun, 2022 06:37am
Khan-led govt laid economic mines, says Murad ISLAMABAD: Sindh Chief Minister Murad Ali Shah on Thursday, defending the massive increase in prices of all ... Published 17 Jun, 2022 06:37am
PTI govt’s deal with IMF: Pakistan will default if it doesn’t implement accord: Maryam ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) vice president Maryam Nawaz on Thursday said that “Pakistan will... Published 17 Jun, 2022 06:37am
NA budget debate: Treasury mum despite opposition MP’s protest over hike in POL prices ISLAMABAD: The MPs belonging to the ruling coalition government – who made it to the power corridors by ousting... Published 17 Jun, 2022 06:37am
Khurshid briefed about non-supply of water to Balochistan ISLAMABAD: Federal Minister for Water Resources Syed Khurshid Ahmad Shah presided over a meeting of the special... Published 17 Jun, 2022 06:37am
National, international forums: SCBA chief assures support to Mushaal Malik ISLAMABAD: The Supreme Court Bar Association (SCBA) extended full support to pursue the case of Yasin Malik, ... Published 17 Jun, 2022 06:37am
‘Access to safe water’: PepsiCo extends partnership with WaterAid to enable programme ISLAMABAD: PepsiCo Foundation has extended its partnership with WaterAid to enable its ‘access to safe water’... Published 17 Jun, 2022 06:37am
PCAA achieves milestone ISLAMABAD: Pakistan Civil Aviation Authority (PCAA) achieved a historical milestone on Thursday. MS Airblue... Published 17 Jun, 2022 06:37am
PARTLY FACETIOUS: Do Mazari, Miftah have a counterpart in PPP? “The art of deflection is a key tool in politics and the more adept an artist the more successful the... Published 17 Jun, 2022 06:37am
FY23 budget: need for fiscal reforms “He who wishes to serve his country must have not only the power to think but the will to act” – Plato The... Updated 17 Jun, 2022 07:01am
Emergence of new global currency As the sun was settling down on the British Empire, the US was flexing its economic and arsenal might to get crowned... Updated 17 Jun, 2022 03:45pm
Apply the new development philosophy for high-quality development (— First part of the “China in the past decade” series) The past decade since the 18th National Congress of ... Published 17 Jun, 2022 06:37am
Letters CPEC projects: a welcome step According to a Business Recorder news report, the Ministry of Foreign Affairs has imposed a ban on announcements... Published 17 Jun, 2022 06:37am
Stocks Wall Street sinks as recession fears ripple through markets NEW YORK: US stock indexes tumbled on Thursday, with high-profile tech shares leading the rout, after the Federal... Published 17 Jun, 2022 06:37am
Stocks UK shares slide after BoE rate hike LONDON: London stock indexes fell on Thursday after the Bank of England raised interest rates by an expected quarter... Published 17 Jun, 2022 06:37am
Stocks Most Gulf bourses in red after rate hikes DUBAI: Most stock markets in the Gulf ended lower on Thursday, after the US Federal Reserve delivered an aggressive... Published 17 Jun, 2022 06:37am
Stocks Asian markets mixed as Fed rate hike rally fades HONG KONG: Asian markets were mixed Thursday as an early rally fuelled by a “dovish” Federal Reserve interest... Published 17 Jun, 2022 06:37am
Stocks Indian shares plunge BENGALURU: Indian shares plunged more than 2% on Thursday after the Swiss National Bank’s surprise interest rate... Published 17 Jun, 2022 06:37am
Stocks Growth woes after Swiss, UK rate hikes drag European shares to 16-month lows LONDON: European stocks tumbled to their lowest levels in 16 months on Thursday after policy tightening in Britain... Published 17 Jun, 2022 06:37am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on... Published 17 Jun, 2022 06:37am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 17 Jun, 2022 06:37am
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 17 Jun, 2022 06:37am
Rates EFU Capital Growth Fund Rates KARACHI: EFU Capital Growth Fund Rates on Thursday (June 16, 2022). ======================== OFFER PRICE... Published 17 Jun, 2022 06:37am
Rates EFU Pension Growth Fund Rates KARACHI: EFU Pension Growth Fund Rates on Thursday (June 16, 2022). ======================== OFFER PRICE... Published 17 Jun, 2022 06:37am
Rates EFU Managed Growth Fund Rates KARACHI: EFU Managed Growth Fund Rates on Thursday (June 16, 2022). ======================== OFFER PRICE... Published 17 Jun, 2022 06:37am
Rates JLI TAKAFUL INCOME FUND KARACHI: JLI Takaful Income Fund Rates on Thursday (June 16, 2022). ======================== Offer Price... Published 17 Jun, 2022 06:37am
Rates JLI TAKAFUL BALANCE FUND KARACHI: JLI Takaful Balance Fund Rates on Thursday (June 16, 2022). ======================== Offer Price... Published 17 Jun, 2022 06:37am
Rates JLI CAPITAL GROWTH TAKAFUL FUND KARACHI: JLI Capital Growth Takaful Fund Rates on Thursday (June 16, 2022). ======================== Offer ... Published 17 Jun, 2022 06:37am
Rates JLI MANAGED TAKAFUL FUND KARACHI: JLI Managed Takaful Fund Rates on Thursday (June 16, 2022). ======================== Offer Price... Published 17 Jun, 2022 06:37am
Rates JLI YAQEEN GROWTH FUND RATES KARACHI: JLI Yaqeen Growth Fund Rates on Thursday (June 16, 2022). ======================== Offer Price ... Published 17 Jun, 2022 06:37am
Rates JLI MEESEQ Fund Rates KARACHI: JLI Meeseq Fund Rates on Thursday (June 16, 2022). ======================== Offer Price 1,202.8868 Bid... Published 17 Jun, 2022 06:37am
Rates JLI Capital Growth Fund Rates KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Thursday (June 16, 2022). ========================... Published 17 Jun, 2022 06:37am
Rates JLI Managed Growth Fund Rates KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Thursday (June 16, 2022). ========================... Published 17 Jun, 2022 06:37am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Thursday (June 16, 2022). ========================== KIBOR... Published 17 Jun, 2022 06:37am
Rates LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Thursday (June 16, 2022).... Published 17 Jun, 2022 06:37am
Issuance of PIBs, Sukuks: MoF asks PD to coordinate with its Debt Wing ISLAMABAD: The Finance Ministry has asked the Power Division to coordinate with its Debt Wing for issuance of PIBs... Updated 17 Jun, 2022 10:01am
Money & Banking Q3FY22: E-banking transactions soar to Rs35.422trn KARACHI: The E-banking transactions continued a steady growth and rose to Rs 35.422 trillion in the third quarter of... Updated 17 Jun, 2022 11:17am
Energy Industrial park, refinery may be included in JEWG meeting’s agenda ISLAMABAD: Petroleum Division is reportedly striving hard to include $20 billion petrochemical and industrial park,... Published 17 Jun, 2022 06:37am
Energy Concessions sought: DFC willing to revise PPAs of its sponsored wind power projects ISLAMABAD: The US International Development Finance Corporation (DFC) has reportedly shown willingness to revise... Published 17 Jun, 2022 06:37am
Energy CNG industry offers cheaper eco-friendly fuel for motor vehicles ISLAMABAD: The Compressed Natural Gas (CNG) industry has offered to provide 43 percent and 55 percent cheaper... Published 17 Jun, 2022 06:37am
Energy LNG supply be used more efficiently instead of enhancing import: report KARACHI: Faced with rapidly declining domestic reserves of natural gas, Pakistan is relying more heavily on imported... Published 17 Jun, 2022 06:37am
Energy Sindh trying for energy self-sufficiency via renewables, says secretary KARACHI: Secretary of Sindh’s Energy Department Abu Bakar Ahmed Madni has said that besides coal the provincial... Published 17 Jun, 2022 06:37am
Energy Iran says Iraq repaid $1.6bn of gas debt TEHRAN: Iran said on Thursday it has received $1.6 billion from Iraq to settle part of the debts it has sought from... Published 17 Jun, 2022 06:37am
Energy DISCOS Govt may hike base tariff by Rs6.25/unit from July 1 ISLAMABAD: The government is likely to increase base tariff by Rs 6.25 per unit from July 1, 2022 and Rs 1.66 per... Published 17 Jun, 2022 06:37am
Energy Asia’s gasoline margin rises NEW DELHI: Asia’s gasoline crack extended gains on Thursday after a surprise drop in the US stocks lifted market... Published 17 Jun, 2022 06:37am
Energy Gasoil cracks hit new record, cash premiums rise to 5-week high SINGAPORE: Asia’s cash premiums for 10 ppm gasoil rose on Thursday, climbing to a five-week high, while refining... Published 17 Jun, 2022 06:37am
Energy HSFO viscosity spread hovers near record highs SINGAPORE: The viscosity spread, which is the price differential between 180-cst and 380-cst high sulphur fuel oil... Published 17 Jun, 2022 06:37am
Commodities PMEX daily trading report KARACHI: On Wednesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 29.700... Published 17 Jun, 2022 06:37am
Commodities Dalian iron ore extends losing streak MANILA: Dalian iron ore fell for a fifth straight session on Thursday and hit its lowest in more than two weeks,... Published 17 Jun, 2022 06:37am
Energy US natgas jumps on high global prices, ahead of storage report NEW YORK: US natural gas futures gained about 6% on Thursday on soaring global gas prices, forecasts for record ... Published 17 Jun, 2022 06:37am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 92,905 tonnes of cargo comprising 21,999 tonnes of import cargo and 70,906... Published 17 Jun, 2022 06:37am
Cotton & Textile Cotton Spot Rates KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Thursday (June 16, 2022).... Published 17 Jun, 2022 06:37am
Cotton & Textile Modest trading activity on cotton market LAHORE: The local market on Thursday remained easy and the trading volume remained satisfactory. Cotton Analyst... Published 17 Jun, 2022 06:37am
Rates LME official prices LONDON: The following were Wednesday official prices. ========================================= ALUMINIUM... Published 17 Jun, 2022 06:37am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (June 16, 2022)... Published 17 Jun, 2022 06:37am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Thursday (June 16, 2022). ======================================= Offset... Published 17 Jun, 2022 06:37am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (June 16, 2022).... Published 17 Jun, 2022 06:37am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Thursday (June 16, 2022). ======================== Open Bid Rs... Published 17 Jun, 2022 06:37am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (June 16, 2022).... Published 17 Jun, 2022 06:37am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Thursday (June 16, 2022).... Published 17 Jun, 2022 06:37am
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 17 Jun, 2022 06:37am
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept