Swedish PM condemns MPs posing with PKK flag amid Turkey NATO row STOCKHOLM: Sweden’s Prime Minister Magdalena Andersson on Wednesday condemned a group of left-wing MPs who posed... Published 07 Jul, 2022 07:36am
Middle East Maskless pilgrims launch largest Hajj of Covid era MAKKAH: The biggest hajj pilgrimage since the Covid pandemic began kicked off Wednesday, with hundreds of thousands... Published 07 Jul, 2022 07:36am
Energy TotalEnergies quits Russia’s Kharyaga oil project PARIS: TotalEnergies has agreed to transfer its remaining stake in Russia’s Kharyaga oil field to the country’s... Published 07 Jul, 2022 07:36am
Russia introduces jail terms for cooperation with foreigners MOSCOW: Russia’s parliament on Wednesday introduced harsh prison terms for calls to act against national security... Published 07 Jul, 2022 07:36am
Europe Belgium MPs approve Iran prisoner swap treaty in first reading BRUSSELS: Belgium’s parliament on Wednesday approved a controversial prisoner-swap treaty with Iran in a first... Published 07 Jul, 2022 07:36am
IMF chief says ‘cannot rule out’ possible global recession LONDON: The head of the International Monetary Fund (IMF) on Wednesday said the outlook for the global economy had... Updated 07 Jul, 2022 11:15am
Middle East Iran detains several foreigners, including senior UK diplomat, for alleged spying DUBAI: Iran’s Revolutionary Guards have detained several foreigners, including Britain’s second most senior ... Published 07 Jul, 2022 07:36am
Industry US targets Hong Kong, UAE companies in fresh Iran sanctions WASHINGTON: The United States on Wednesday imposed sanctions on a network of Hong Kong, Emirati and other companies... Published 07 Jul, 2022 07:36am
Energy Afghanistan lifts coal prices as exports to neighbouring Pakistan boom KABUL: Afghanistan’s Taliban administration has more than doubled prices for coal, the finance ministry said on... Updated 07 Jul, 2022 11:09am
Companies Tresmark and Trade Foresight sign MoU KARACHI: Tresmark and Trade Foresight have signed a memorandum of understanding (MoU) to expand on data analytics ... Published 07 Jul, 2022 07:36am
Industry NITL distributes dividend of over Rs4.77bn for FY22 KARACHI: The National Investment Trust Limited (NITL) has declared its annual results for its funds under management... Published 07 Jul, 2022 07:36am
Taxes Little knowledge of POS regime causes hurdles to integration of T-1Rs LAHORE: A lack of understanding regarding penalties under Point of Sale (POS) regime on the part of tax ... Published 07 Jul, 2022 06:57am
Europe Germany plans new path to residency for migrants BERLIN: The German cabinet on Wednesday signed off plans to make it easier for migrants with “tolerated” status... Published 07 Jul, 2022 06:57am
Africa Long winter: South Africans struggle with rolling blackouts JOHANNESBURG: Unable to switch on lights or heaters, cook dinner or charge their phones, South Africans are spending... Published 07 Jul, 2022 06:57am
South Asia Sri Lankans return to cooking with firewood as economy burns NEHINNA, (Sri Lanka): As once relatively wealthy Sri Lanka suffers a dire economic crisis with shortages of... Published 07 Jul, 2022 06:57am
Europe Death toll rises to nine in Italy glacier collapse CANAZEI, (Italy): The number of people killed in an avalanche in the Italian Dolomites rose to nine on Wednesday... Published 07 Jul, 2022 06:57am
Belt & Road Initiative to spread stability, prosperity worldwide: speakers LAHORE: Speakers at a conference arranged by the Punjab University said that the Belt and Road Initiative will not... Published 07 Jul, 2022 06:30am
Industry Jomo.pk partners with HSY KARACHI: The world of HSY, the celebrity designer and powerhouse luxury couture brand, is entering the world of... Published 07 Jul, 2022 06:30am
Commodities ECC to approve award of 2nd international wheat tender ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, which is scheduled to meet on Thursday (today),... Published 07 Jul, 2022 06:30am
DGCV revises customs value of printed, misprinted waste paper KARACHI: Directorate General Customs Valuation (DGCV) has revised the custom value of printed/ misprinted waste ... Published 07 Jul, 2022 06:30am
KMC to work on development of three more parks in Boat Basin area KARACHI: Karachi Metropolitan Corporation (KMC) will work on infrastructure development of three more parks in Boat... Published 07 Jul, 2022 06:30am
Fed flags risk US inflation could become entrenched WASHINGTON: US central bankers last month flagged the concern that sky-high inflation could become persistent and... Updated 07 Jul, 2022 11:14am
IT ministry urged to do away with manual system ISLAMABAD: Minister of Planning, Development and Special Initiatives Secretary, Syed Zafar Ali Shah, on Wednesday,... Published 07 Jul, 2022 06:12am
Money & Banking Mastercard partners with Bank Alfalah to facilitate e-commerce KARACHI: Mastercard has announced a strategic partnership with Bank Alfalah, which will see the bank’s online... Published 07 Jul, 2022 06:12am
Pak-Turkmenistan joint working group vital for ICT sector: minister ISLAMABAD: Pakistan-Turkmenistan joint working group is vital for the promotion of the Information and Communication... Published 07 Jul, 2022 06:12am
Reserved seats: ECP notifies five new PTI members of Punjab Assembly ISLAMABAD: The Election Commission of Pakistan (ECP) on Wednesday notified five new members of the Punjab Assembly ... Published 07 Jul, 2022 05:35am
Buzdar’s principal secretary fails to appear before ACE officials LAHORE: Former Punjab Chief Minister Usman Buzdar’s principal secretary Tahir Khursheed aka TK failed to appear... Published 07 Jul, 2022 05:35am
Fawad accuses Marriyum of helping cigarette industry ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry on Wednesday accused information minister Marriyum... Published 07 Jul, 2022 05:35am
Journalist Imran Riaz handed over to Rawalpindi police ATTOCK: A local court on Wednesday handed over journalist Imran Riaz Khan, who was arrested by Attock police, to... Published 07 Jul, 2022 05:35am
IHC directs Imran Riaz’s counsel to move LHC against arrest ISLAMABAD: The Islamabad High Court (IHC) directed journalist Imran Riaz Khan’s counsel to approach the Lahore ... Published 07 Jul, 2022 05:35am
Rana says no one intimidated by Imran’s ‘threats, blackmailing’ ISLAMABAD: Interior Minister Rana Sanullah on Wednesday said that no one would be intimidated by the former prime... Published 07 Jul, 2022 05:35am
APNS declares Eid holidays KARACHI: The All Pakistan Newspapers Society has announced that the member publications of the APNS will observe two... Published 07 Jul, 2022 05:35am
Corruption done through Farah, Bushra to be probed: Marriyum ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb on Wednesday blamed the previous Pakistan... Published 07 Jul, 2022 05:35am
Diagnosis of Covid-19: US govt donates four mobile labs to NIH ISLAMABAD: The US government has donated four mobile laboratories to the National Institute of Health (NIH) in order... Published 07 Jul, 2022 05:35am
Haleem arrested from Lahore hotel LAHORE: Law Enforcement Agencies (LEAs) arrested Pakistan Tehreek-e-Insaf (PTI) senior member and Opposition Leader... Published 07 Jul, 2022 05:35am
Govt urged to ban sale of nicotine pouches ISLAMABAD: General Secretary and Director Operations, Pakistan National Heart Association (PANAH) Sanaullah Ghumman... Published 07 Jul, 2022 05:35am
Third Quetta Literary Festival concludes QUETTA: Serena Hotels under its cultural diplomacy initiative partnered with BUITEMS in achieving yet another... Published 07 Jul, 2022 05:35am
Lahore by-elections: PTI leaders confident of winning all four seats LAHORE: Pakistan Tehreek-e-Insaf (PTI) senior leaders are confident that they will win all four seats in Lahore in... Published 07 Jul, 2022 05:35am
Imran is blaming others for his own failings: Robert Hathaway KARACHI: Former Prime Minister Imran Khan is following a long-standing Pakistani practice of blaming others for his... Published 07 Jul, 2022 05:35am
Amendments to NAO, 1999: SC removes objections of Registrar’s office ISLAMABAD: The Supreme Court (SC) removed the Registrar Office’s objections on the petition of the Pakistan... Published 07 Jul, 2022 05:35am
Details of officials on deputation in ministry sought ISLAMABAD: Majority of officers working in the Ministry of Poverty Alleviation and Social Safety (PASS) comprises... Published 07 Jul, 2022 05:35am
Hussain Bahadur posted as cane commissioner for Punjab LAHORE: The Punjab Government has posted Hussain Bahadur Ali Shah as the Cane Commissioner Punjab replacing Muhammad... Published 07 Jul, 2022 05:35am
Umar accuses Dost Mazari of violating party discipline LAHORE: Pakistan Tehreek-e-Insaf (PTI) Secretary General Asad Umar has blamed Deputy Speaker Punjab Assembly Sardar... Published 07 Jul, 2022 05:35am
Waste-based and energy projects: Thai delegation to meet BoI minister today ISLAMABAD: A delegation of Prime Waste Energy Ltd, Thailand, interested in the establishment of waste-based and... Published 07 Jul, 2022 05:35am
Ferry services to provide economical transportation facility: president ISLAMABAD: President Dr Arif Alvi has said that sea transportation by ferry services would provide decent and... Published 07 Jul, 2022 05:35am
Sindh govt has taken steps for coping with rains: SACM HYDERABAD: Syed Qasim Naveed Qamar, Special Assistant to Chief Minister Sindh for Investment Department and Public... Published 07 Jul, 2022 05:35am
ZIL gets notice for acquiring over 51pc voting shares KARACHI: ZIL Limited has received a notice of public announcement of intentions from Alpha Beta Core Solutions... Published 07 Jul, 2022 05:35am
PSP demands fresh elections: ‘Centre fails to stop PPP-led Sindh govt from wrongdoing’ KARACHI: Pak Sarzameen Party Chairman Syed Mustafa Kamal on Wednesday said that the incumbent federal government has... Published 07 Jul, 2022 05:35am
EPCL partners with UET for industry-academia linkage initiative KARACHI: The Engro Polymer and Chemicals Ltd (EPCL), a subsidiary of Engro Corporation, has signed a Memorandum of... Published 07 Jul, 2022 05:35am
Sindh govt announces Eid holidays KARACHI: Sindh government has notified holidays during Eidul Azha, following the footsteps of the federal government... Published 07 Jul, 2022 05:35am
‘Effective’ energy allocation for export growth Pakistan’s immense economic potential will remain elusive as long as the most productive sectors that enable... Published 07 Jul, 2022 05:35am
India’s ‘bulldozer justice’ fails to flatten Muslim dissent After two nights in police custody, Indian teenager Somaiya Fatima was released in time to watch live footage of an... Published 07 Jul, 2022 05:35am
LSD spreading at fast pace LAHORE: Speakers at a seminar on ‘Lumpy Skin Disease’ (LSD) arranged by the University of Veterinary and Animal... Published 07 Jul, 2022 05:35am
96pc of ADP funds utilized by Punjab govt LAHORE: The Punjab government has utilized Rs. 554 billion against the release amount of Rs. 636 billion during the... Published 07 Jul, 2022 05:35am
The Weather KARACHI: The weather report on Wednesday (July 06, 2022) and the forecast for Thursday (July 07, 2022)... Published 07 Jul, 2022 05:35am
Stocks PSX ekes out gains KARACHI: Pakistan Stock Exchange Wednesday witnessed a positive trend on the back of fresh buying in various ... Published 07 Jul, 2022 05:35am
Partly Facetious: Circle of politics in Pakistan “I had heard of a business cycle but this is a tad too much.” “Hey the circle of life is the... Published 07 Jul, 2022 05:35am
‘As warm as the weather in Riyadh’ Poor, oil-importing countries like Pakistan ought to wish US President Joe Biden well as the cold calculus of the... Published 07 Jul, 2022 05:35am
Letters Free electricity: there’s no such thing as ‘free lunch’ Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry has sent a missive to Chief Justice of Pakistan Justice Umar... Published 07 Jul, 2022 05:35am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 157,033 tonnes of cargo comprising 121,498 tonnes of import cargo and 35,535... Published 07 Jul, 2022 05:35am
Stocks European shares climb as Norway oil strike ends PARIS: European shares rallied on Wednesday after Norwegian oil and gas workers ended their strike, easing energy... Published 07 Jul, 2022 05:35am
Stocks Dubai leads most Gulf bourses lower on recession fears DUBAI: Most stock markets in the Gulf ended lower on Wednesday, with the Dubai index falling most, hit by concern... Published 07 Jul, 2022 05:35am
Stocks Shanghai stocks fall most in 6 weeks amid Covid flare-ups; HK down SHANGHAI: Shanghai shares dropped the most in six weeks on Wednesday, and Hong Kong’s stock benchmark fell more... Published 07 Jul, 2022 05:35am
Stocks Weak sterling boosts FTSE 100 amid political worries LONDON: UK stock markets on Wednesday rebounded from a sharp sell-off, with exporter-heavy FTSE 100 benefiting from ... Published 07 Jul, 2022 05:35am
Stocks Wall Street slips ahead of Fed meeting minutes NEW YORK: US stock indexes slipped on Wednesday as investors awaited minutes from the Federal Reserve’s meeting to... Published 07 Jul, 2022 05:35am
Stocks Japan’s Nikkei falls on slowdown worries, energy losses TOKYO: Japan’s Nikkei fell on Wednesday after a two-day rally, dragged down by energy stocks, as sentiment was... Published 07 Jul, 2022 05:35am
Rates LME official prices LONDON: The following were Tuesday official prices. ========================================= ALUMINIUM... Published 07 Jul, 2022 05:35am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (July 06, 2022)... Published 07 Jul, 2022 05:35am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Wednesday (July 06, 2022). ======================================= Offset... Published 07 Jul, 2022 05:35am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (July 06, 2022).... Published 07 Jul, 2022 05:35am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Wednesday (July 06, 2022). ======================== Open Bid ... Published 07 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 Wednesday (July 06, 2022).... Published 07 Jul, 2022 05:35am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Wednesday (July 06, 2022).... Published 07 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 07 Jul, 2022 05:35am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Wednesday (July 06, 2022).... Published 07 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 07 Jul, 2022 05:35am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (July 06, 2022). ==================================== BR... Published 07 Jul, 2022 05:35am
Stocks Electronic/credit of dividend warrants/bonus/right share certificates KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates.... Published 07 Jul, 2022 05:35am
Rates BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 07 Jul, 2022 05:35am
Rates Dividend/Bonus Announcements KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.... Published 07 Jul, 2022 05:35am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 07 Jul, 2022 05:35am
Rates Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 07 Jul, 2022 05:35am
Rates Clearing Schedule for T+2 System KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System.... Published 07 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 07 Jul, 2022 05:35am
Rates EFU TAKAFUL CONSERVATIVE FUND RATES KARACHI: EFU Takaful Conservative Fund Rates on Wednesday (July 06, 2022). ======================== OFFER PRICE... Published 07 Jul, 2022 05:35am
Rates EFU TAKAFUL AGGRESSIVE FUND RATES KARACHI: EFU Takaful Aggressive Fund Rates on Wednesday (July 06, 2022). ======================== OFFER PRICE... Published 07 Jul, 2022 05:35am
Rates EFU TAKAFUL GROWTH FUND RATES KARACHI: EFU Takaful Growth Fund Rates on Wednesday (July 06, 2022). ======================== OFFER PRICE... Published 07 Jul, 2022 05:35am
Rates EFU INCOME GROWTH FUND KARACHI: EFU Income Growth Fund Rates on Wednesday (July 06, 2022). ======================== OFFER PRICE... Published 07 Jul, 2022 05:35am
Rates EFU AGGRESSIVE FUND RATES KARACHI: EFU Aggressive Fund Rates on Wednesday (July 06, 2022). ======================== OFFER PRICE 1,402.6718... Published 07 Jul, 2022 05:35am
Rates EFU GUARANTEED GROWTH FUND RATES KARACHI: EFU Guaranteed Growth Fund Rates on Wednesday (July 06, 2022). ======================== OFFER PRICE... Published 07 Jul, 2022 05:35am
Rates EFU Aitemad Growth Fund Rates KARACHI: EFU Aitemad Growth Fund Rates on Wednesday (July 06, 2022). ======================== OFFER PRICE... Published 07 Jul, 2022 05:35am
Rates EFU Capital Growth Fund Rates KARACHI: EFU Capital Growth Fund Rates on Wednesday (July 06, 2022). ======================== OFFER PRICE... Published 07 Jul, 2022 05:35am
Rates EFU Pension Growth Fund Rates KARACHI: EFU Pension Growth Fund Rates on Wednesday (July 06, 2022). ======================== OFFER PRICE... Published 07 Jul, 2022 05:35am
Rates EFU Managed Growth Fund Rates KARACHI: EFU Managed Growth Fund Rates on Wednesday (July 06, 2022). ======================== OFFER PRICE... Published 07 Jul, 2022 05:35am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Wednesday (July 06, 2022). ========================== KIBOR... Published 07 Jul, 2022 05:35am
Rates LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Wednesday (July 06, 2022).... Published 07 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 07 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 Wednesday (July ... Published 07 Jul, 2022 05:35am
IMF explains how country can realise its export potential Pakistan needs proactive policies – exchange rate flexibility, efficient allocation of resources, elimination of untargeted subsidies, and creating a conducive business environment, says Resident Representative Esther Perez Updated 07 Jul, 2022 11:11am
Fiscal year 2022-23: Foreign assistance estimates revised upward to Rs5.5trn ISLAMABAD: The government has revised upward the estimated foreign assistance to Rs5.503 trillion by around 74... Updated 07 Jul, 2022 09:25am