Industry FCCI for providing power, gas at competitive rates FAISALABAD: Government must provide electricity and gas at regionally competitive rates in addition to restoring the... Published 05 Jul, 2022 05:19am
Country will face more economic problems in coming days: Umar LAHORE: Pakistan Tehreek-e-Insaf (PTI) General Secretary Asad Umar has said that the country will face more economic... Published 05 Jul, 2022 05:19am
PMD predicts 30 millimetres of rain in next 24 hours LAHORE: The Pakistan Meteorological Department (PMD) has predicted about 30 millimeters rain on Tuesday (today) ... Published 05 Jul, 2022 05:19am
PPSC starts verifying thumb impressions of candidates LAHORE: The Punjab Public Service Commission has taken several conducive, concrete and rational steps in order to... Published 05 Jul, 2022 05:19am
Companies With Morinaga partnership, Airlift opens up platform intelligence on q-commerce KARACHI: As the market leader in q-commerce in Pakistan, Airlift has amassed significant market intelligence on user... Published 05 Jul, 2022 05:19am
Money & Banking Silkbank and TPL Insurance launch All-in One Current Account KARACHI: As part of providing tailored solutions and unique value added features for our customers, Silkbank has... Published 05 Jul, 2022 05:19am
Companies TCL launches C-Series of LED TVs LAHORE: TCL – Pakistan’s No.1 LED TV Brand — unveiled its latest line of flagship LED TV Models at a ... Published 05 Jul, 2022 05:19am
Companies Maxim Agri announces completion of new feed line LAHORE: Maxim Agri, the purveyor of leading cattle feed brand ‘Milk Max’, has announced the successful ... Published 05 Jul, 2022 05:19am
KP cabinet authorises CM to sign MoU on IMF issue PESHAWAR: The Khyber Pakhtunkhwa Cabinet in a meeting held here Monday with Chief Minister Mahmood Khan in the chair... Published 05 Jul, 2022 05:19am
Putin orders Russians to fight on after key Ukraine city falls SLOVIANSK: President Vladimir Putin on Monday ordered Russian troops to press their offensive deeper into the Donbas... Published 05 Jul, 2022 05:19am
Suez Canal records highest ever annual revenue of $7bn CAIRO: Egypt’s Suez Canal Authority announced Monday an all-time revenue record, earning $7 billion during the ... Published 05 Jul, 2022 05:19am
Saudi welcomes 1m for biggest Hajj pilgrimage since pandemic MAKKAH, (Saudi Arabia): White-robed worshippers from across the world have packed the streets of Makkah as Islam’s... Published 05 Jul, 2022 05:19am
Europe Spain seizes first underwater drug smuggling drones MADRID: Spanish police said on Monday they had seized six underwater drones capable of transporting large quantities... Published 05 Jul, 2022 05:19am
Asia Iran shuts offices and schools as sandstorm hits Tehran TEHRAN: Iranian officials closed government offices, courts, schools and universities in Tehran on Monday after a... Published 05 Jul, 2022 05:19am
1.7m locked down in China’s Anhui province BEIJING: China placed 1.7 million people under lockdown in central Anhui province, where authorities reported nearly... Published 05 Jul, 2022 05:19am
USA UN envoy cancels Western Sahara trip RABAT: The United Nations envoy for Western Sahara, Staffan de Mistura, was on a visit to Morocco on Monday but has... Published 05 Jul, 2022 05:19am
Uzbekistan says 18 killed, hundreds wounded in unrest ALMATY: Eighteen people were killed and 243 wounded during unrest in Uzbekistan’s autonomous province of... Published 05 Jul, 2022 05:19am
Europe Ukraine lays out plan to be ‘most digital’ country PARIS: Ukraine’s leaders have come up with a plan to allow the government to function even in the toughest... Published 05 Jul, 2022 05:19am
Meta, PTA launch ‘Chai Chats’ ISLAMABAD: Meta, in collaboration with the Pakistan Telecommunication Authority (PTA), has launched an educational... Published 05 Jul, 2022 05:19am
US felicitated on independence day: Looking forward to working with Biden govt: PM ISLAMABAD: Prime Minister Shehbaz Sharif on Monday felicitated the United States on its Independence Day and said ... Published 05 Jul, 2022 05:19am
Lightning strike kills girl in Muzaffarabad MUZAFFARABAD: A girl was killed and seven other family members were seriously injured when lightning hit a house in... Published 05 Jul, 2022 05:19am
Turkey halts Russian ship, investigates Ukrainian claims ANKARA: Turkey has halted a Russian-flagged cargo ship off its Black Sea coast and is investigating a Ukrainian ... Published 05 Jul, 2022 05:19am
Winners of 2022 Francophonie Video Contest: Award ceremony held ISLAMABAD: The Embassy of France in Pakistan organized a ceremony to reward the winners of the 2022 Francophonie... Published 05 Jul, 2022 05:19am
Auction for Nawaz’s assets: AC seeks further arguments LAHORE: An accountability court on Friday sought further arguments on an application challenging an order for ... Published 05 Jul, 2022 05:19am
The Weather KARACHI: The weather report on Monday (July 04, 2022) and the forecast for Tuesday (July 05, 2022)... Published 05 Jul, 2022 05:19am
Letters IK must stop attacking institutions It is true that rising inflation has helped Imran Khan step up pressure on the incumbent government. That Pakistan... Published 05 Jul, 2022 05:19am
KU attack case: CM, Chinese team discuss progress in investigations KARACHI: A 13-member Chinese delegation led by Deputy Director General CTD of China Gao Fei called on the Sindh ... Updated 05 Jul, 2022 09:51am
‘Apology to Donald Lu’ Fawad rejects Khawaja Asif’s claim ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry lambasted Defence Minister Khawaja Asif on Monday ... Updated 05 Jul, 2022 09:47am
Bhutto sent to jail in 1977: July 5 to be marked as darkest day in history forever: Turi ISLAMABAD: Federal Minister for Overseas Pakistanis and Human Resource Development Sajid Hussain Turi has said that... Updated 05 Jul, 2022 09:46am
Money laundering case: Banking court extends interim pre-arrest bail of Moonis Elahi LAHORE: A special (banking) court on Monday extended interim pre-arrest bail of PML-Q leader and former federal... Published 05 Jul, 2022 05:19am
Major reshuffle in NAB ISLAMABAD: In a major reshuffle in the National Accountability Bureau (NAB), Director-General (DG) NAB Rawalpindi... Published 05 Jul, 2022 05:19am
Non-filers: NADRA re-working on data for correction of profiles ISLAMABAD: The National Database and Registration Authority (NADRA) is re-working on the data for correction of the... Updated 05 Jul, 2022 09:56am
Agreements worth $11.362bn signed in 3 quarters of FY22 ISLAMABAD: The country has signed new agreements worth $11.362 billion as commitments during the first three ... Updated 05 Jul, 2022 09:54am
Eid-ul-Azha: KMC sets up 88 collection points KARACHI: While Eidul Azha is fast approaching, the Karachi Metropolitan Corporation (KMC) on Monday claimed to have... Published 05 Jul, 2022 05:19am
Supply to factories: PM calls for reviewing gas load-shedding policy LAHORE: Taking notice of gas load-shedding, Prime Minister Shehbaz Sharif directed the authorities concerned to... Published 05 Jul, 2022 05:19am
By-election in NA-240: ECP rejects inquiry report on ‘foul play’ ISLAMABAD: The Election Commission of Pakistan (ECP) has dismissed as unsatisfactory an inquiry report into alleged... Published 05 Jul, 2022 05:19am
One-time exemption granted to Shehbaz, Hamza LAHORE: An accountability court on Friday allowed one-time exemption to Prime Minister Shehbaz Sharif and Chief... Published 05 Jul, 2022 05:19am
Partly Facetious: Dar the samdhi “You say potaato and I say potato.” “Where do you hail from? Sialkot? For your information the difference in... Published 05 Jul, 2022 05:19am
Dilawar Syed visits LCCI: US official calls for improvements in local business climate LAHORE: US Special Representative for Commercial and Business Affairs Dilawar Syed has said that the US is... Published 05 Jul, 2022 05:19am
US special rep meets Elahi LAHORE: US Special Representative for Commercial and Business Affairs Dilawar Syed, who is President and CEO of ... Published 05 Jul, 2022 05:19am
NUST’s internship programme for int’l students begins ISLAMABAD: NUST Internship Programme for International Students (NIPIS ‘22), the university’s signature... Published 05 Jul, 2022 05:19am
In-camera meeting: Parliamentary body to discuss national security issues today ISLAMABAD: An in-camera meeting of the Parliamentary Committee on National Security will be held today (Tuesday) at... Published 05 Jul, 2022 05:19am
SHO arrested for abducting, wrongly implicating citizen in drugs case LAHORE: The city police on Monday arrested Wahdat Colony Station House Officer (SHO) Mubashir Ali for abducting and... Published 05 Jul, 2022 05:19am
BAP leader MNA Reki takes oath as minister of state ISLAMABAD: Balochistan Awami Party (BAP) leader and Member of the National Assembly Ehsanullah Reki on Monday took... Published 05 Jul, 2022 05:19am
Pakistani, Chinese experts join hands to protect Indus Delta from effects of climate change BEIJING: Researchers from Pakistan and China are working together on the challenges and solutions for the ... Published 05 Jul, 2022 05:19am
Lok Virsa corruption reference: AC adjourns hearing due to absence of defence counsel ISLAMABAD: The Accountability Court hearing Lok Virsa corruption reference against Pakistan People Party (PPP) ... Published 05 Jul, 2022 05:19am
Ban on luxury goods’ import: Govt urged to release stuck up containers KARACHI: Chairman Businessmen Group Zubair Motiwala and President Karachi Chamber of Commerce and Industry (KCCI)... Published 05 Jul, 2022 05:19am
FFC MM plant shut down due to fire eruption KARACHI: Fire erupted at FFC Mirpur Mathelo plant site on July 3, around 11 pm which was extinguished immediately by... Published 05 Jul, 2022 05:19am
Make Space Hackathon: Need stressed to address population crisis KARACHI: Population Services International Pakistan in collaboration with National Incubation Centre, Karachi hosted... Published 05 Jul, 2022 05:19am
PIA asked to improve performance testing standards KARACHI: Federal Minister for Aviation Khawaja Saad Rafique has instructed the PIA management to ensure linking the... Published 05 Jul, 2022 05:19am
KATI’s SVP nominated as head of technical training institute for girls KARACHI: The Sindh government has nominated Maheen Salman, the senior vice president of Korangi Association of Trade... Published 05 Jul, 2022 05:19am
Rain brings power outages to some Karachi areas KARACHI: Various parts of the megacity received moderate to heavy rains along with winds on Monday, causing power... Published 05 Jul, 2022 05:19am
KE advises caution ahead of monsoon KARACHI: Ahead of the predictions of the first rains of the monsoon season by Pakistan Meteorological Department,... Published 05 Jul, 2022 05:19am
The 2022-23 Annual Plan The Annual Plan for 2022-23 has been presented by the Planning Commission. This plan comes at a critical time when... Published 05 Jul, 2022 05:19am
Exorbitant tax on formal sector to make the nation poorer The annual ritual of budget presentation was completed on June 29 with the passage of the Finance Act 2022 by the... Published 05 Jul, 2022 05:19am
Germany to overhaul laws to allow energy bailouts Germany’s government will have the power to take stakes in utilities and impose emergency levies on consumers ... Published 05 Jul, 2022 05:19am
IHC stops MD USC from performing duties ISLAMABAD: The Islamabad High Court (IHC) on Monday stopped Managing Director Utility Stores Corporation Syed Taha... Published 05 Jul, 2022 05:19am
Barbs fly as Sindh Assembly discusses power outages, inflation KARACHI: The ruling PPP on Monday shrugged off questions on soaring inflation and extensive power cuts in the... Published 05 Jul, 2022 05:19am
Punjab health sector: Turkey wants to enhance cooperation LAHORE: A Turkish delegation, led by its Consul General Mirazbe, called on provincial minister Khawaja Salman ... Published 05 Jul, 2022 05:19am
Met Office predicts more rains in Sindh KARACHI: The megacity on Monday afternoon received its first monsoon spell, as the Met Office warned about more ... Published 05 Jul, 2022 05:19am
Lumpy skin disease in Punjab, Sindh: Siraj holds govts responsible for deaths LAHORE: Chief of Jamaat-e-Islami Sirajul Haq has expressed grief over the death of thousands of cattle in Punjab and... Published 05 Jul, 2022 05:19am
Rainfall on Eid-ul-Azha: CEO FESCO assigns special duties of operation staff FAISALABAD: In view of the National Disaster Management Authority NDMA’s forecast for more than normal rainfall... Published 05 Jul, 2022 05:19am
Stocks Most Gulf bourses extend losses on recession worries DUBAI: Most stock markets in the Gulf ended lower on Monday, extending losses as investors remained worried about a... Published 05 Jul, 2022 05:19am
Stocks Stocks mostly advance as optimism creeps back in LONDON: European and Asian stocks mostly advanced Monday as investors tentatively regained some optimism following... Published 05 Jul, 2022 05:19am
Stocks Oil stocks lift FTSE 100 LONDON: Britain’s top share index climbed on Monday as stable crude prices boosted oil stocks, while investors ... Published 05 Jul, 2022 05:19am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on Monday... Published 05 Jul, 2022 05:19am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 05 Jul, 2022 05:19am
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 05 Jul, 2022 05:19am
Rates Inflation angst keeps stocks under pressure KARACHI: Pakistan Stock Exchange (PSX) on Monday remained under pressure throughout the day with extremely low... Published 05 Jul, 2022 05:19am
PTI moves SC against amendment in election law ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) prayed before the Supreme Court to declare the impugned amendment in... Updated 05 Jul, 2022 09:50am
Money & Banking Bank holidays KARACHI: The State Bank of Pakistan (SBP) will remain closed from 8th to 12th July, 2022 (Friday to Tuesday) being... Updated 05 Jul, 2022 09:46am
US says Al Jazeera journalist likely shot by Israel but not intentionally WASHINGTON: The United States concluded Monday that Al Jazeera journalist Shireen Abu Akleh was likely killed by... Published 05 Jul, 2022 05:19am
Babar Ghauri arrested at Karachi airport KARACHI: Muttahida Qaumi Movement (MQM) senior leader Babar Ghauri has been taken into custody as soon he landed at... Updated 05 Jul, 2022 09:44am
Energy Total POL sales decline by 11pc on MoM basis KARACHI: Total petroleum products sales in the country declined by 11 percent on month-on-month basis to 1.9 million... Published 05 Jul, 2022 05:19am
Energy OMAP lauds govt, Ogra for disbursement of PDC LAHORE: Oil Marketing Association of Pakistan (OMAP) on Monday appreciated Government of Pakistan, Oil & Gas... Published 05 Jul, 2022 05:19am
Commodities Palm oil hits over 9-month low JAKARTA: Malaysian palm oil futures plummeted on Monday after top palm oil producer Indonesia said it was ... Published 05 Jul, 2022 05:19am
Commodities Copper hits 17-month lows on China restrictions, manufacturing data LONDON: Copper prices fell to 17-month lows on Monday as new COVID restrictions in top consumer China, slowing ... Published 05 Jul, 2022 05:19am
Energy Oil rises as tight supply trumps recession fears • Brent and US crude both gain • OPEC’s June output missed target • Strike in Norway could cut output... Published 05 Jul, 2022 05:19am
Commodities Egypt’s GASC seeks wheat in private talks PARIS/HAMBURG: Egypt’s state grains buyer, the General Authority for Supply Commodities (GASC), is in private... Published 05 Jul, 2022 05:19am
Energy Norway oil and gas workers to strike on Tuesday, cutting output OSLO: Norwegian offshore workers will likely go on strike on Tuesday in a stoppage that will cut oil and gas output... Published 05 Jul, 2022 05:19am
Commodities EU wheat rises on strong demand, shrugs off Russian export tax cut PARIS: European wheat prices jumped on Monday, supported by renewed demand and bargain buying in the absence of US... Published 05 Jul, 2022 05:19am
Commodities Japan rubber futures climb on stronger Shanghai prices TOKYO: Japanese rubber futures climbed on Monday, as stronger Shanghai futures prompted buying while a recovery in... Published 05 Jul, 2022 05:19am
Commodities Robusta coffee hits 10 month low on increased supplies LONDON: Robusta coffee futures on ICE hit fresh ten month lows on Monday amid increased supplies from top producers... Published 05 Jul, 2022 05:19am
Commodities Gold slips as interest rate expectations sap appeal LONDON: Gold fell on Monday as prospects of higher interest rates dimmed appeal for the non-yielding asset, but a... Published 05 Jul, 2022 05:19am
Commodities Russian wheat prices down as new crop arrives MOSCOW: Russian wheat export prices fell last week due to pressure from the new crop, which farmers have just ... Published 05 Jul, 2022 05:19am
Energy India to drop windfall tax if oil prices fall $40 a barrel NEW DELHI: India will only withdraw its windfall tax introduced last week for oil producers and refiners if global... Published 05 Jul, 2022 05:19am
Energy Gasoil, jet fuel margins decline NEW DELHI: Asia’s refining margins for 10ppm gasoil and jet fuel shed gains on Monday, though the decline was... Published 05 Jul, 2022 05:19am
Energy VLSFO premium hits new high, HSFO discounts widen SINGAPORE: The very low sulphur fuel oil (VLSFO) market firmed on Monday as an outlook for tight supply persisted,... Published 05 Jul, 2022 05:19am
Commodities PMEX daily trading report KARACHI: On Friday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 15.678 ... Published 05 Jul, 2022 05:19am
Commodities Iron ore plunges as China demand outlook darkens MANILA: Dalian iron ore futures tumbled more than 6% on Monday, while the steelmaking ingredient dropped below $110... Published 05 Jul, 2022 05:19am
Commodities Marcos vows to boost Philippines’ grains output to avert food crisis MANILA: Philippine President Ferdinand Marcos Jr vowed on Monday to do what it takes to boost his country’s rice... Published 05 Jul, 2022 05:19am
Commodities Australia’s commodity exports in sweet spot of Russia sanctions, China hopes LAUNCESTON, (AustraliA): Russia’s invasion of Ukraine and hopes of significant economic stimulus in China are... Published 05 Jul, 2022 05:19am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 471,338 tonnes of cargo comprising 355,192 tonnes of import cargo and ... Published 05 Jul, 2022 05:19am
Energy Asia’s gasoline crack extends gains, naphtha falls NEW DELHI: Asia’s gasoline refining profit margin extended gains on Monday after a flurry of deals at the ... Published 05 Jul, 2022 05:19am
Cotton & Textile Cotton Spot Rates KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Monday (July 04, 2022).... Published 05 Jul, 2022 05:19am
Cotton & Textile Cotton market: Business activity slows down as buyers keep away LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Monday decreased the spot rate by Rs 200... Published 05 Jul, 2022 05:19am
Stocks China stocks rise SHANGHAI: China stocks rose on Monday supported by healthcare shares and the launch of cross-border investment ... Published 05 Jul, 2022 05:19am
Stocks Indian shares rise BENGALURU: Indian shares recovered early losses to close higher on Monday as consumer stocks gained after commodity... Published 05 Jul, 2022 05:19am
Stocks Energy shares boost European equities but recession fears cap gains LONDON: European shares rose on Monday as the oil and gas sector marked its best session in two months, while bleak... Published 05 Jul, 2022 05:19am
Rates LME official prices LONDON: The following were Friday official prices. ========================================= ALUMINIUM... Published 05 Jul, 2022 05:19am