Energy Neelum-Jhelum Hydropower Project: Nepra directs management to restore plant’s operation ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has directed the management of Neelum-Jhelum... Published 20 Jul, 2022 07:37am
‘KE infrastructure not linked to four electrocution cases’ KARACHI: As the second spell of rains hit the city of Karachi at different intervals, KE confirmed that its... Published 20 Jul, 2022 07:37am
Over five PML-N MNAs in contact with PTI, claims Fawad ISLAMABAD: Strongly reacting to Interior Minister Rana Sanaullah’s “threat” that five members’ provincial... Published 20 Jul, 2022 07:37am
Customs Operations: Mukarram Jah Ansari made new FBR Member ISLAMABAD: The Federal Board of Revenue (FBR) has appointed Mukarram Jah Ansari (Pakistan Customs Service/BS-21) as... Published 20 Jul, 2022 07:37am
Taxes FBR asked to devise ‘simple’ return form ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to devise a simple return... Published 20 Jul, 2022 07:37am
Energy Record line losses: Pesco faces highest revenue-based power load-shedding in June LAHORE: Peshawar Electric Supply Company (Pesco) has faced highest revenue-based load shedding due to record line... Published 20 Jul, 2022 07:37am
Nepra seeks comments KARACHI: National Electric Power Regulatory Authority (Nepra) has published a draft of Open Access (Interconnection... Published 20 Jul, 2022 07:26am
Dua Zehra sent to Darul Aman LAHORE: A judicial magistrate on Tuesday sent a Karachi girl Dua Zehra to Darul Aman who contracted marriage against... Published 20 Jul, 2022 07:26am
MPMG scheme put on hold ISLAMABAD: Finance Ministry said on Tuesday that the government of Pakistan’s low-cost housing finance scheme,... Published 20 Jul, 2022 07:26am
Acting NAB chief challenges PAC jurisdiction ISLAMABAD: The Acting Chairman of National Accountability Bureau (NAB) approached the Islamabad High Court (IHC)... Published 20 Jul, 2022 07:26am
Money & Banking Mastercard partners with MCB to empower SMEs LAHORE: Mastercard and MCB Bank have entered into a strategic partnership to boost financial inclusion in Pakistan... Published 20 Jul, 2022 07:26am
ECC may approve rate of PL on LPG today ISLAMABAD: Finance Minister Miftah Ismail has convened a meeting of the Economic Coordination Committee (ECC) of the... Published 20 Jul, 2022 07:26am
Grains Corn, soyabean futures sag; wheat pares gains CHICAGO: US corn futures fell more than 2% on Tuesday and soybeans also declined on optimism for sizable US crops ... Published 20 Jul, 2022 07:12am
Grains EU wheat rises on strong export demand, scorching weather PARIS: European wheat prices were firm on Tuesday on strong international demand and hot weather threatening spring... Published 20 Jul, 2022 07:12am
Commodities Raw sugar futures slip, arabica coffee consolidates LONDON: Raw sugar prices on ICE fell on Tuesday, weighed down partly by concerns that mills will increase the amount... Published 20 Jul, 2022 07:12am
Commodities Gold edges up as weaker dollar boosts appeal LONDON: Gold edged up on Tuesday as an easing dollar made it cheaper for overseas buyers, with investors looking ... Published 20 Jul, 2022 07:12am
Commodities US MIDDAY: Gold gains NEW YORK: Gold inched higher on Tuesday, helped by a pullback in the dollar, as investors braced for cues on the ... Published 20 Jul, 2022 07:12am
Energy BD rolls out power curbs as fuel price hike slams economy DHAKA: Bangladesh rolled out energy restrictions and shut down power plants Tuesday as a spike in global fuel prices... Published 20 Jul, 2022 07:05am
Middle East Iran film-maker Panahi must serve six-year sentence: judiciary TEHRAN: Award-winning dissident Iranian film-maker Jafar Panahi, arrested last week in Tehran, must serve a six-year... Published 20 Jul, 2022 07:05am
China agrees to more EU cooperation but silent on frozen pact BEIJING: China agreed to coordinate economic policies with the European Union, liberalise trade and investment, and... Published 20 Jul, 2022 07:05am
China warns of ‘forceful measures’ if US House Speaker Pelosi visits Taiwan BEIJING: China’s government on Tuesday warned that it would take “forceful measures” if US House of... Published 20 Jul, 2022 07:05am
Biden sets up sanctions in ramped-up effort on US detainees WASHINGTON: President Joe Biden on Tuesday opened the way for sanctions against governments that unjustly imprison... Published 20 Jul, 2022 07:05am
Commodities Poland to give households one-off payment to offset rising coal prices WARSAW: Poland will offer households a one-off payment of 3,000 zlotys ($646) to help cover the rising cost of coal... Published 20 Jul, 2022 07:05am
Commodities Demand fears return to haunt copper prices LONDON: Copper prices fell on Tuesday as worries about demand in top consumer China and elsewhere due to a growth... Published 20 Jul, 2022 07:05am
Energy Oil rises 1pc as tight supply outweighs economic worries NEW YORK: Oil prices edged up about 1% to a two-week high in volatile trade on Tuesday as the market focused more on... Published 20 Jul, 2022 07:05am
Commodities Japanese rubber futures rise SINGAPORE: Japanese rubber futures closed marginally higher on Tuesday although further COVID-19 outbreaks in China... Published 20 Jul, 2022 07:05am
Commodities Palm oil closes nearly 3pc lower on bearish price outlook KUALA LUMPUR: Malaysian palm oil futures fell as much as 3.8% on Tuesday, as Indonesia’s export levy removal and a... Published 20 Jul, 2022 07:05am
Energy Iran boosts crude supply to Venezuela for refining, freeing up exportable oil CARACAS: Iran is increasing supplies of a key crude grade that Venezuela is using to boost its aging refineries’... Published 20 Jul, 2022 07:05am
Economic round-up 2021-22 The just concluded fiscal year has been tumultuous. It was both economics and politics that made it extraordinary,... Updated 20 Jul, 2022 10:50am
PTI foreign funding case: PM urges ECP to announce verdict Says that Imran Khan was given 'free pass' despite his criticism on state institutions. Updated 20 Jul, 2022 10:00am
Why PTI didn’t object to NAB law changes in Parliament: SC ISLAMABAD: The Supreme Court questioned why the Pakistan Tehreek-e-Insaf (PTI) instead of discussing the amendments... Published 20 Jul, 2022 05:48am
By-poll results have no connection with general elections: Khaqan ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) senior vice president and former premier Shahid Khaqan Abbasi on... Published 20 Jul, 2022 05:48am
Umar assails ‘flawed system imposed through unnatural intervention’ ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Central Secretary General Asad Umar came down hard on Pakistan Muslim... Published 20 Jul, 2022 05:48am
Mazari claims she found voice recorder at her residence ISLAMABAD: Flamboyant Pakistan Tehreek-e-Insaf (PTI) leader, Dr Shireen Mazari, on Tuesday claimed that a voice... Published 20 Jul, 2022 05:48am
PARTLY FACETIOUS: All leaders are GBs “In our politics there are some unguided missiles — they fall back.” “Ah like a u-turn.” “I suppose... Published 20 Jul, 2022 05:48am
PP-7 Kahuta (Rawalpindi): ECP defers decision about recounting of votes ISLAMABAD: In a move that raises eyebrows, the Election Commission of Pakistan (ECP) deferred the decision on a... Published 20 Jul, 2022 05:48am
Wasa signs MoU with PITB to implement reforms LAHORE: To implement the information technology reforms in the Water and Sanitation Authority (Wasa) Lahore, it... Published 20 Jul, 2022 05:48am
KP teachers hold protest at Bani Gala ISLAMABAD: A large number of Khyber Pakhtunkhwa teachers on Tuesday staged protest outside Pakistan Tehreek-e-Insaf... Published 20 Jul, 2022 05:48am
Elahi accuses govt of using IB to trace location of MPs LAHORE: Punjab Assembly Speaker Chaudhry Parvez Elahi, who is candidate for the slot of Punjab Chief Minister, has... Published 20 Jul, 2022 05:48am
Punjab CM slot: Qureshi says Elahi is PTI candidate ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) vice chairman Shah Mahmood Qureshi on Tuesday dismissed speculations that... Published 20 Jul, 2022 05:48am
Monsoon system to remain active this week, says PMD LAHROE: Met Office has predicted that strong monsoon currents are likely to penetrate in upper and central parts of... Published 20 Jul, 2022 05:48am
Abbasi Shaheed hospital: OPDs closed as doctors observe strike KARACHI: Doctors at the Karachi Metropolitan Corporation (KMC)’s biggest hospital, the Abbasi Shaheed Hospital,... Published 20 Jul, 2022 05:48am
Barrick Gold to launch Reko Diq project in Aug with $7bn investment QUETTA: Chief Executive Officer of Barrick Gold Corporation Mark Bristow and Chief Minister Balochistan Mir Abdul... Published 20 Jul, 2022 05:48am
Business centres in Sindh, Islamabad asked to close doors at 9 pm KARACHI: To control the electricity shortage, the Islamabad administration and Sindh government once again issued... Published 20 Jul, 2022 05:48am
Violations of Community Guidelines: TikTok removes nearly 12.5m videos in Q1 of 2022 KARACHI: TikTok has removed nearly 12.5 million videos from Pakistan in Q1 2022 for Community Guidelines ... Published 20 Jul, 2022 05:48am
‘Urban flooding possible in Islamabad, Peshawar, Lahore’ More rains likely as new weather system enters country today KARACHI: More monsoon rains are expected across the country, as the Met Office on Tuesday predicted that another... Published 20 Jul, 2022 05:48am
People’s Bus Service: CM says six more routes to be functional within two days KARACHI: Two routes of People’s Bus Service have been operationalised so far while six more would be functional... Published 20 Jul, 2022 05:48am
Banks’ snubbing of junk-rated loan funds worsens financing logjam A decision by banks to change how they invest spare capital is limiting their ability to extend loans to companies... Published 20 Jul, 2022 05:48am
Industrial relations in Bangladesh RMG This article discusses the labour situation in Bangladesh. At the outset, it is important to understand that there ... Published 20 Jul, 2022 05:48am
LNG procurement: global challenges During the COP26 conference last November in Glasgow, LNG was identified as the transition fuel for migrating to the... Published 20 Jul, 2022 05:48am
Letters IMF programme needs to be protected This is apropos a Business Recorder news item “Miftah gives a detailed account: How country saved itself from... Updated 20 Jul, 2022 06:08am
GAT/GRE subject type entrance test: UAF announces online registration FAISALABAD: The University of Agriculture Faisalabad has announced online registration for GAT/ GRE subject type... Published 20 Jul, 2022 05:48am
Boosting national economy for autarky Prime Minister Shehbaz Sharif has rightly remarked recently “Till when we would keep on going with a begging bowl?”... Published 20 Jul, 2022 05:48am
South Asia Indian journalist Rupesh Kumar Singh arrested following 9-hour home raid NEW DELHI: Indian authorities must immediately and unconditionally release journalist Rupesh Kumar Singh, cease... Published 20 Jul, 2022 05:48am
Twitter, Musk square off in court over bid for fast-track trial NEW YORK: Twitter Inc began making its case on Tuesday for a September trial over its lawsuit seeking to hold Elon... Published 20 Jul, 2022 05:48am
Changes in ratio of tobacco recovery cess: KP decides to amend law to revise tender rates PESHAWAR: Provincial cabinet of Khyber Pakhtunkhwa on Tuesday approved to amend the law to revise the tender rates ... Published 20 Jul, 2022 05:48am
PTC launches tree plantation drive ISLAMABAD: Pakistan Tobacco Company Limited (PTC) officially marked the start of monsoon season plantation drive ... Published 20 Jul, 2022 05:48am
The Weather KARACHI: The weather report on Tuesday (July 19, 2022) and the forecast for Wednesday (July 20, 2022).... Published 20 Jul, 2022 05:48am
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 20 Jul, 2022 05:48am
PKR slide: govt censured by Imran PTI chairman says economic meltdown shows Sharifs never had any expertise in running economy Updated 20 Jul, 2022 09:09am
Rates PSX bearish on growing political uncertainty KARACHI: Pakistan Stock Exchange (PSX) witnessed a bearish session on Tuesday due to rising political uncertainty ... Published 20 Jul, 2022 05:48am
Energy HSFO differentials improve as market structure firms slightly SINGAPORE: Asia’s cash differentials for high sulphur fuel oil (HSFO) have improved slightly in recent trading... Published 20 Jul, 2022 05:48am
Energy US natgas futures slide as output rises, technical resistance NEW YORK: US natural gas futures fell about 3% on Tuesday after failing to break through a key point of technical... Published 20 Jul, 2022 05:48am
Commodities Steel futures rebound as China moves to calm property turmoil nerves MANILA: Benchmark Shanghai steel futures extended gains to rise more than 4% on Tuesday, as China’s efforts to... Published 20 Jul, 2022 05:48am
Commodities PMEX daily trading report KARACHI: On Monday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 14.046 ... Published 20 Jul, 2022 05:48am
Commodities Egypt’s GASC seeks to buy wheat in direct talks HAMBURG/CAIRO: Egypt’s state grains buyer, the General Authority for Supply Commodities (GASC) will seek to buy an... Published 20 Jul, 2022 05:48am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 113,776 tonnes of cargo comprising 75,830 tonnes of import cargo and 37,946... Published 20 Jul, 2022 05:48am
Cotton & Textile Cotton Spot Rates KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (July 19, 2022).... Published 20 Jul, 2022 05:48am
Cotton & Textile Cotton Market: Prices firm amid modest trading activity LAHORE: The local cotton market on Tuesday remained bullish and the trading volume remained low. Cotton Analyst... Published 20 Jul, 2022 05:48am
Stocks China stocks fall SHANGHAI: China stocks closed lower on Tuesday, with foreign investors dumping the most shares in more than a month,... Published 20 Jul, 2022 05:48am
Stocks Indian shares close at over 1-month high BENGALURU: Indian shares closed at a more than one-month high on Tuesday as banking and auto companies gained, while... Published 20 Jul, 2022 05:48am
Stocks European shares hit more than five-week high LONDON: European shares hit more than a five-week high on Tuesday after a report that Russian gas flows to Europe ... Published 20 Jul, 2022 05:48am
Stocks Gulf bourses extend rebound, Saudi outperforms DUBAI: Saudi Arabia’s stock market outperformed its Gulf peers on Tuesday, as the region continued its rebound ... Published 20 Jul, 2022 05:48am
Stocks Wall Street powers ahead with earnings in full swing NEW YORK: Wall Street’s main indexes rose on Tuesday as the earnings season moves beyond big banks, with investors... Published 20 Jul, 2022 05:48am
Stocks Financials, consumer staples boost FTSE 100 LONDON: UK’s benchmark FTSE 100 index rose on Tuesday as a buoyant global mood and strong gains by banks and... Published 20 Jul, 2022 05:48am
Rates LME official prices LONDON: The following were Monday official prices. ========================================= ALUMINIUM... Published 20 Jul, 2022 05:48am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (July 19, 2022)... Published 20 Jul, 2022 05:48am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 19, 2022).... Published 20 Jul, 2022 05:48am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Tuesday (July 19, 2022). ======================== Open Bid Rs... Published 20 Jul, 2022 05:48am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (July 19, 2022).... Published 20 Jul, 2022 05:48am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Tuesday (July 19, 2022).... Published 20 Jul, 2022 05:48am
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 20 Jul, 2022 05:48am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Tuesday (July 19, 2022).... Published 20 Jul, 2022 05:48am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on ... Published 20 Jul, 2022 05:48am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (July 19, 2022). ==================================== BR... Published 20 Jul, 2022 05:48am
Rates BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 20 Jul, 2022 05:48am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 20 Jul, 2022 05:48am
Rates Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 20 Jul, 2022 05:48am
Rates Clearing Schedule for T+2 System KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System.... Published 20 Jul, 2022 05:48am
Rates EFU TAKAFUL CONSERVATIVE FUND RATES KARACHI: EFU Takaful Conservative Fund Rates on Tuesday (July 19, 2022). ======================== Offer Price... Published 20 Jul, 2022 05:48am
Rates EFU TAKAFUL AGGRESSIVE FUND RATES KARACHI: EFU Takaful Aggressive Fund Rates on Tuesday (July 19, 2022). ======================== Offer Price... Published 20 Jul, 2022 05:48am
Rates EFU TAKAFUL GROWTH FUND RATES KARACHI: EFU Takaful Growth Fund Rates on Tuesday (July 19, 2022). ======================== Offer Price ... Published 20 Jul, 2022 05:48am
Rates EFU INCOME GROWTH FUND RATES KARACHI: EFU Aggressive Fund Rates on Tuesday (July 19, 2022). ======================== Offer Price 998.7490 ... Published 20 Jul, 2022 05:48am
Rates EFU AGGRESSIVE FUND RATES KARACHI: EFU Aggressive Fund Rates on Tuesday (July 19, 2022). ======================== Offer Price 1,388.4562 ... Published 20 Jul, 2022 05:48am
Rates EFU GUARANTEED GROWTH FUND RATES KARACHI: EFU Guaranteed Growth Fund Rates on Tuesday (July 19, 2022). ======================== Offer Price... Published 20 Jul, 2022 05:48am
Rates EFU Aitemad Growth Fund Rates KARACHI: EFU Aitemad Growth Fund Rates on Tuesday (July 19, 2022). ======================== Offer Price ... Published 20 Jul, 2022 05:48am
Rates EFU Capital Growth Fund Rates KARACHI: EFU Capital Growth Fund Rates on Tuesday (July 19, 2022). ======================== Offer Price ... Published 20 Jul, 2022 05:48am
Rates EFU Pension Growth Fund Rates KARACHI: EFU Pension Growth Fund Rates on Tuesday (July 19, 2022). ======================== Offer Price ... Published 20 Jul, 2022 05:48am
Rates EFU Managed Growth Fund Rates KARACHI: EFU Managed Growth Fund Rates on Tuesday (July 19, 2022). ======================== Offer Price ... Published 20 Jul, 2022 05:48am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Tuesday (July 19, 2022). ========================== KIBOR... Published 20 Jul, 2022 05:48am
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