ECP bars PM from visiting Thatta ISLAMABAD: Election Commission of Pakistan (ECP) has barred Prime Minister Shehbaz Sharif from visiting Thatta ahead... Published 06 Jul, 2022 08:10am
Energy July 2019 to June 2021: Nepra imposes Rs10m fine on Qesco over fatal incidents ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has imposed a fine of Rs 10 million on Quetta... Published 06 Jul, 2022 08:10am
DIG for setting up crime scene units at all police stations LAHORE: While only 26 police stations out of 84 police stations in Lahore have crime scene units, the need is to set... Published 06 Jul, 2022 08:10am
Industry Chinese firm shows interest in telecom JVs ISLAMABAD: Norinco Group China has shown keen interest to further the strategic relationship between Pakistan and... Published 06 Jul, 2022 08:10am
Pakistani entrepreneurs invited to JVs in the Netherlands LAHORE: Ambassador of the Netherlands Wouter Plomp has invited Pakistani entrepreneurs to step in to Joint Ventures... Published 06 Jul, 2022 07:42am
Companies ZINDIGI signs MoU with PHA LAHORE: An MoU was signed between Parks & Horticulture Authority and ZINDIGI - Powered by JS Bank in an... Published 06 Jul, 2022 07:39am
Workshop on child protection concludes PESHAWAR: A nine-day training workshop on Child Protection Case Management and Referral System in Khyber ... Published 06 Jul, 2022 07:39am
Balochistan region: Record revenue collection of Rs99.7bn by Customs QUETTA: The Collectorates of Customs in the jurisdiction of office of the Chief Collector Balochistan, Quetta has ... Published 06 Jul, 2022 07:39am
Europe Eight missing climbers located after Italian glacier collapse CANAZEI, (Italy): Eight of the people missing after the deadly collapse of part of a mountain glacier have been... Published 06 Jul, 2022 07:31am
USA Suspected shooter in Chicago July 4 parade attack to be charged soon HIGHLAND PARK, Ill: Charges are expected to be filed on Tuesday against the suspected gunman in the shooting at a... Published 06 Jul, 2022 07:31am
Industry US, China discuss ‘severe’ economic challenges, supply chains BEIJING: Top officials from the United States and China held a “candid” video call on Tuesday to discuss global... Published 06 Jul, 2022 07:31am
Imran Riaz Khan arrested KARACHI: Journalist Imran Riaz Khan was arrested on Tuesday near the outskirts of Islamabad, according to his ... Published 06 Jul, 2022 07:31am
Banking Mohtasib urged to reduce duration of complaints registration PESHAWAR: Traders here on Tuesday urged the Federal Banking Mohtasib (Ombudsman) Pakistan to reduce the duration of... Published 06 Jul, 2022 07:31am
PFA lodges FIRs against two juice manufacturing factories LAHORE: The Punjab Food Authority (PFA) on Tuesday barred two juice factories situated on Sheikhupura road from... Published 06 Jul, 2022 07:31am
Industry ‘Commercial counsellor’, PCJCCI team discuss trade deficit issue LAHORE: Ghulam Qadir, Commercial Counsellor of Pakistan designate to Beijing, China visited Pakistan-China Joint... Published 06 Jul, 2022 07:31am
Two policemen gunned down in DI Khan DI KHAN: Terrorists shot dead two traffic police constables in Dera Ismail Khan on Tuesday. According to police,... Published 06 Jul, 2022 07:11am
Four children stranded in rainwater stream rescued ISLAMABAD: The Islamabad Capital Territory (ICT) Administration rescue team in a joint operation with other... Published 06 Jul, 2022 07:11am
Taxes FASTER system: FBR pays Rs34bn refunds to exporters ISLAMABAD: The Federal Board of Revenue (FBR) has paid Rs34 billion to the exporters under the “FASTER” refund... Published 06 Jul, 2022 07:11am
Global symposium on computational chemistry begins at UAF FAISALABAD: The University of Agriculture Faisalabad on Monday opened a two-day international symposium titled... Published 06 Jul, 2022 07:11am
President grieved ISLAMABAD: President Dr Arif Alvi on Tuesday expressed grief over the loss of lives caused by the heavy rains in... Published 06 Jul, 2022 07:11am
Taxes Withdrawal of 10pc supertax on 13 sectors demanded KARACHI: Patron-in-Chief of Korangi Association of Trade and Industry (KATI) SM Muneer and President Salman Aslam... Published 06 Jul, 2022 07:11am
Energy Shell joins Qatar’s giant gas project DOHA: Shell joined Qatar Energy’s $29 billion project to expand production at the world’s biggest natural gas... Published 06 Jul, 2022 07:11am
South Asia Sri Lanka admits bankruptcy, warns of crisis through 2023 COLOMBO: Sri Lanka is bankrupt and the acute pain of its unprecedented economic crisis will linger until at least ... Published 06 Jul, 2022 07:11am
Europe Top ministers including Sunak turn on UK’s scandal-tainted PM LONDON: UK Prime Minister Boris Johnson suffered two high-profile departures from his government Tuesday, including... Published 06 Jul, 2022 07:11am
South Asia Twitter pursues judicial review of Indian orders to take down content NEW DELHI: Twitter on Tuesday asked an Indian court to overturn some government orders to remove content from the... Published 06 Jul, 2022 07:11am
South Asia India raids offices of Chinese smartphone maker Vivo MUMBAI: Chinese smartphone maker Vivo said Tuesday it was “cooperating with authorities” in India after reports... Published 06 Jul, 2022 07:11am
Money & Banking UK banks resilient to ‘deteriorated outlook’: BoE LONDON: UK banks can survive the “deteriorated economic outlook” with the sector more resilient than during 2008... Published 06 Jul, 2022 07:11am
Industry China plans $75bn infrastructure fund to revive economy BEIJING: China will set up a state infrastructure investment fund worth 500 billion yuan ($74.69 billion) to spur... Published 06 Jul, 2022 07:11am
Punjab govt to release Rs360m for relief operations LAHORE: The Punjab Finance Department has decided to release Rs 360 million to various districts to carry out... Published 06 Jul, 2022 05:35am
Roshan Gharana Programme: ECP summons Hamza tomorrow ISLAMABAD: The Election Commission of Pakistan (ECP) has summoned Chief Minister of Punjab Hamza Shahbaz on Thursday... Published 06 Jul, 2022 05:35am
Powers of Punjab PA’s deputy speaker: PML-Q challenges LHC’s verdict ISLAMABAD: The Pakistan Muslim League-Quaid (PML-Q) on Tuesday challenged the Lahore High Court (LHC)’s verdict... Published 06 Jul, 2022 05:35am
1.2m tubewells to be converted to solar mode ISLAMABAD: The government has given special directions for converting 1.2 million agriculture tubewells to solar.... Published 06 Jul, 2022 05:35am
LNG case: Prosecution witness testifies before AC ISLAMABAD: A prosecution witness, on Tuesday, testified before the Accountability Court in the Liquefied Natural Gas... Updated 29 Aug, 2023 01:04am
Minister terms July 5 ‘most shameful day’ ISLAMABAD: Federal Minister and Central Information Secretary of Pakistan People’s Party Parliamentarian (PPP-P)... Published 06 Jul, 2022 05:35am
Vacant reserved seats: ECP directed to issue notification about Punjab PA members LAHORE: Justice Shahid Waheed of the Lahore High Court on Tuesday directed the Election Commission of Pakistan (ECP)... Published 06 Jul, 2022 05:35am
Members’ loyalty fundamental right of political parties: SC ISLAMABAD: The Supreme Court said that under the Constitution it is the fundamental right of the political parties... Published 06 Jul, 2022 05:35am
Monsoon rains likely to continue until 7th KARACHI: More monsoon rains are expected across the country throughout this week until Sunday, July 7, the Met ... Published 06 Jul, 2022 05:35am
Eid-ul-Azha: Over 8,000 cops to be deployed in Lahore LAHORE: The Lahore police have decided to deploy over 8,000 personnel in field for the protection of the citizens ... Published 06 Jul, 2022 05:35am
HLPF-2022: Ahsan set to present second VNR ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal is all set to present the... Published 06 Jul, 2022 05:35am
PTI accuses govt of using state machinery to win by-elections LAHORE: The Pakistan Tehreek-e-Insaf (PTI) leaders have accused the government of using development funds and state... Published 06 Jul, 2022 05:35am
Hamza highlights pro-poor initiatives of his govt LAHORE: Chief Minister Punjab Hamza Shehbaz Sharif has said that the provision of free electricity, after free... Published 06 Jul, 2022 05:35am
Askari Bank opens branch for people with special needs in Islamabad ISLAMABAD: Waqar Ahmed Malik, Chairman, Fauji Foundation, inaugurated Askari Bank’s Model Branch for Persons with... Published 06 Jul, 2022 05:35am
British mission resumes visa service for Pakistanis ISLAMABAD: British High Commissioner to Pakistan Christian Turner on Tuesday announced resuming visa service for... Published 06 Jul, 2022 05:35am
Personal appearance: Court grants exemption to Shehbaz, Hamza LAHORE: An Accountability Court on Tuesday allowed the applications of Prime Minister Shehbaz Sharif and Chief... Published 06 Jul, 2022 05:35am
Prolonged power outages after city gets rain KARACHI: Various neighbourhoods faced prolonged power outages as the megacity received moderate to heavy rain on... Published 06 Jul, 2022 05:35am
Rain-related incidents in Quetta claim 11 lives QUETTA: At least 11 people including a child lost their lives and 20 others were injured in roof collapse and... Published 06 Jul, 2022 05:35am
Suspect in KU suicide attack arrested KARACHI: Sindh’s Minister for Information and Transport Sharjeel Memon on Tuesday said the authorities had ... Published 06 Jul, 2022 05:35am
‘1122 emergency service to be launched in Hyderabad’ HYDERABAD: Deputy Commissioner Hyderabad Fuad Ghaffar Soomro who is also acting Director General Hyderabad... Published 06 Jul, 2022 05:35am
Ouster of Bhutto govt: Sindh PA adopts unanimous resolution condemning Zia’s action KARACHI: Legislators from across the aisles on Tuesday censured former military dictator late Gen Zia-ul-Haq for... Published 06 Jul, 2022 05:35am
Wuxi Biologics takes step to getting off US ‘unverified’ trade list Wuxi Biologics, a Chinese company that makes ingredients for AstraZeneca’s COVID-19 vaccine, may be a step closer... Published 06 Jul, 2022 05:35am
Should the SBP hike interest rates again? The State Bank of Pakistan (SBP) is due to announce its next monetary policy statement (MPS) on July 7th, 2022.... Published 06 Jul, 2022 05:35am
Worthy person never sells his gift: Talal ISLAMABAD: Pakistan Muslim League-N senior leader Talal Chaudhry on Tuesday criticized Imran Khan’s regime that ... Published 06 Jul, 2022 05:35am
Alvi links right decisions to fast-paced development Islamabad: President Dr Arif Alvi has said that timely and right decisions, strengthening of institutions and stable... Published 06 Jul, 2022 05:35am
The Weather KARACHI: The weather report on Tuesday (July 5, 2022) and the forecast for Wednesday (July 6, 2022).... Published 06 Jul, 2022 05:35am
Rates PSX: Bearish trend persists KARACHI: A bearish trend continued on Pakistan Stock Exchange on the second consecutive day Tuesday due to investor... Published 06 Jul, 2022 05:35am
PARTLY FACETIOUS: Look at the glass as half full “What I don’t understand is why audio? I mean in this day and age where video can so easily be…” “Oye... Published 06 Jul, 2022 05:35am
Energy CPHGC seeks funds for procurement of Afghan coal ISLAMABAD: The China Power Hub Generation Company (Pvt.) Ltd (CPHGC) has sought the required funds for import of... Updated 06 Jul, 2022 10:18am
Is sovereign default inevitable? – I Dr Rajendra Prasad, the first President of India, in his book ‘India Divided’, that he penned in 1945 stated ... Published 06 Jul, 2022 05:35am
Letters Govt policy still shrouded in mist This is apropos a Business Recorder editorial “PM’s ‘strategic roadmap’” carried by the newspaper on... Published 06 Jul, 2022 05:35am
Energy HSFO crack slides to 30-month low on steady supply SINGAPORE: The crack for high sulphur fuel oil (HSFO) fell to 30-month lows on Tuesday as steady supply arrivals... Published 06 Jul, 2022 05:35am
Energy Asia’s gasoline margin falls despite weak oil prices NEW DELHI: Asia’s gasoline refining profit margin weakened on Tuesday over fears of a possible global recession... Published 06 Jul, 2022 05:35am
Energy US natgas dips on slightly cooler weather projections NEW YORK: US natural gas futures fell more than 6% on Tuesday as a slightly cooler shift to near term weather... Published 06 Jul, 2022 05:35am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 149,143 tonnes of cargo comprising 110,052 tonnes of import cargo and 39,091... Published 06 Jul, 2022 05:35am
Energy Gasoil, jet fuel margins extend losses NEW DELHI: Asia’s refining margins for 10ppm gasoil and jet fuel extended losses on Tuesday as worries that demand... Published 06 Jul, 2022 05:35am
Stocks China, HK stocks end little changed SHANGHAI: China and Hong Kong stocks closed roughly flat on Tuesday as concerns over the worsening COVID-19 ... Published 06 Jul, 2022 05:35am
Stocks Indian shares end lower BENGALURU: Indian shares closed lower on Tuesday, giving up more than 1% gains made during the day, as investor... Published 06 Jul, 2022 05:35am
Stocks European shares slide as soaring gas prices fuel inflation concerns LONDON: European stocks slid 2.1% on Tuesday as soaring energy prices stoked inflation worries, sending the euro... Published 06 Jul, 2022 05:35am
Stocks Mixed Middle East markets amid rising recession fears DUBAI: The Saudi stock market extended losses for a third session on Tuesday amid mixed responses from Middle East... Published 06 Jul, 2022 05:35am
Stocks S&P 500, Dow slip as recession fears mount NEW YORK: The S&P 500 and the Dow fell on Tuesday, with investors fretting about the possibility of a recession... Published 06 Jul, 2022 05:35am
Stocks FTSE 100 down 2.9pc LONDON: Britain’s FTSE 100 index tumbled on Tuesday, dragged lower by economy-sensitive energy, mining and... Published 06 Jul, 2022 05:35am
Rates LME official prices LONDON: The following were Monday official prices. ========================================= ALUMINIUM... Published 06 Jul, 2022 05:35am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Tuesday (July 5, 2022). ======================================= Offset ... Published 06 Jul, 2022 05:35am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 5, 2022).... Published 06 Jul, 2022 05:35am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Tuesday (July 5, 2022). ======================== Open Bid Rs... Published 06 Jul, 2022 05:35am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (July 5, 2022).... Published 06 Jul, 2022 05:35am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Tuesday (July 5, 2022).... Published 06 Jul, 2022 05:35am
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 06 Jul, 2022 05:35am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Tuesday (July 5, 2022).... Published 06 Jul, 2022 05:35am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on ... Published 06 Jul, 2022 05:35am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (July 5, 2022). ==================================== BR... Published 06 Jul, 2022 05:35am
Rates Dividend/Bonus Announcements KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.... Published 06 Jul, 2022 05:35am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 06 Jul, 2022 05:35am
Rates Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 06 Jul, 2022 05:35am
Rates Clearing Schedule for T+2 System KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System.... Published 06 Jul, 2022 05:35am
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 06 Jul, 2022 05:35am
Rates EFU TAKAFUL CONSERVATIVE FUND RATES KARACHI: EFU Takaful Conservative Fund Rates on Tuesday (July 5, 2022). ======================== Offer Price... Published 06 Jul, 2022 05:35am
Rates EFU TAKAFUL AGGRESSIVE FUND RATES KARACHI: EFU Takaful Aggressive Fund Rates on Tuesday (July 5, 2022). ======================== Offer Price... Published 06 Jul, 2022 05:35am
Rates EFU TAKAFUL GROWTH FUND RATES KARACHI: EFU Takaful Growth Fund Rates on Tuesday (July 5, 2022). ======================== Offer Price 1,367.5249... Published 06 Jul, 2022 05:35am
Rates EFU INCOME GROWTH FUND RATES KARACHI: EFU Aggressive Fund Rates on Tuesday (July 5, 2022). ======================== Offer Price 993.5925 Bid... Published 06 Jul, 2022 05:35am
Rates EFU AGGRESSIVE FUND RATES KARACHI: EFU Aggressive Fund Rates on Tuesday (July 5, 2022). ======================== Offer Price 1,401.4642 Bid... Published 06 Jul, 2022 05:35am
Rates EFU GUARANTEED GROWTH FUND RATES KARACHI: EFU Guaranteed Growth Fund Rates on Tuesday (July 5, 2022). ======================== Offer Price... Published 06 Jul, 2022 05:35am
Rates EFU Aitemad Growth Fund Rates KARACHI: EFU Aitemad Growth Fund Rates on Tuesday (July 5, 2022). ======================== Offer Price 1,563.5777... Published 06 Jul, 2022 05:35am
Rates EFU Capital Growth Fund Rates KARACHI: EFU Capital Growth Fund Rates on Tuesday (July 5, 2022). ======================== Offer Price 479.4359... Published 06 Jul, 2022 05:35am
Rates EFU Pension Growth Fund Rates KARACHI: EFU Pension Growth Fund Rates on Tuesday (July 5, 2022). ======================== Offer Price 383.7485... Published 06 Jul, 2022 05:35am
Rates EFU Managed Growth Fund Rates KARACHI: EFU Managed Growth Fund Rates on Tuesday (July 5, 2022). ======================== Offer Price 2,113.2965... Published 06 Jul, 2022 05:35am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Tuesday (July 5, 2022). ========================== KIBOR... Published 06 Jul, 2022 05:35am
Rates LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Tuesday (July 5, 2022).... Published 06 Jul, 2022 05:35am
Forex Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 06 Jul, 2022 05:35am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (July 5,... Published 06 Jul, 2022 05:35am
Oil tumbles 9pc on recession demand destruction fears NEW YORK: Oil plummeted about 9 percent on Tuesday in the biggest daily drop since March on growing fears of a... Updated 06 Jul, 2022 10:00am