Global slowdown fears darken as cost of living bites LONDON/TOKYO: The global economy looks increasingly likely to be heading into a serious slowdown, just as central... Published 23 Jul, 2022 04:10am
Shujaat restrains PML-Q’s MPAs from voting LAHORE: In a dramatic political move, Pakistan Muslim League-Quaid (PML-Q) President Chaudhry Shujaat Hussain has... Published 23 Jul, 2022 04:10am
NTDC arranges farewell to retired Chief Engineer LAHORE: The National Transmission and Despatch Company Limited (NTDC) arranged a farewell ceremony in the honour of... Published 23 Jul, 2022 04:10am
Habib University – seeking solutions to Karachi’s water problems KARACHI: Researchers at Habib University have recently published an innovative study on household water access in... Published 23 Jul, 2022 04:10am
Third spell of rains: Administrators instructed to complete preparations KARACHI: Secretary Sindh Local Government, Housing and Town Planning Engr Syed Najam Ahmad Shah has issued... Published 23 Jul, 2022 04:10am
KU blast: Investigators prepare sketch of alleged facilitator KARACHI: Investigators have prepared a sketch of an alleged male facilitator in the Karachi University (KU) suicide... Published 23 Jul, 2022 04:10am
Muharram-ul-Haram: Ulema assure ICT admin of cooperation ISLAMABAD: Ulema from various schools of thought have assured the Islamabad Capital Territory (ICT) administration... Published 23 Jul, 2022 04:10am
SU research scholar grabs top position in poster competition HYDERABAD: The MPhil student of the Institute of Physics, University of Sindh, Jamshoro Qirat Iqbal has grabbed ... Published 23 Jul, 2022 04:10am
Acumen holds discussion on agriculture in Pakistan KARACHI: Agriculture in Pakistan is in crisis. Diminishing yields, decreasing soil fertility, lack of quality ... Published 23 Jul, 2022 04:10am
Dr Umair made ‘Adjunct Professor UHS’ LAHORE: University of Health Sciences (UHS) Lahore has appointed Dr. Umair Rashid, Consultant Neurologist and Head ... Published 23 Jul, 2022 04:10am
Sindh govt, WB agree to repair Jam Sadiq bridge, construct alternate KARACHI: Sindh Chief Minister Syed Murad Ali Shah along with his team and the World Bank Country Director Najy... Published 23 Jul, 2022 04:10am
Military’s top brass lauds sacrifices of security agencies ISLAMABAD: The military’s top brass lauded the sacrifices of security agencies in the fight against terrorism. ... Published 23 Jul, 2022 04:10am
Minister visits POF WAH CANTT: Muhammad Israr Tareen Federal Minister for Defence Production visited Pakistan Ordnance Factories. On... Published 23 Jul, 2022 04:10am
Industry Neighbouring countries: Obstacles in legal trade to be removed: FBR chief ISLAMABAD: Federal Board of Revenue (FBR) Chairman Asim Ahmed has said that the FBR is taking facilitative measures... Published 23 Jul, 2022 04:10am
Restoration, revamping of Gujjar Nullah approved at Rs14.854bn cost ISLAMABAD: The Federal Government has approved restoration and revamping of Gujjar Nullah at revised cost of Rs... Published 23 Jul, 2022 04:10am
Grand Canal of China: Overseas tourism promotion season 2022 globally launched ISLAMABAD: The “China’s Grand Canal Overseas Tourism Promotion Season 2022” is officially launched on July 20,... Published 23 Jul, 2022 04:10am
HHA signs MoU with B-TEVTA to empower youth with skills ISLAMABAD: To train the youth of Balochistan in Technical and Vocational Education, the Hashoo Hunar Association... Published 23 Jul, 2022 04:10am
Fighting rips through Libyan capital, killing 13 TRIPOLI: Rival factions fought each other in Tripoli overnight and into Friday, killing 13 people in the Libyan... Published 23 Jul, 2022 04:10am
Iran says Saudi ready to move reconciliation talks to higher level TEHRAN: Iran and Saudi Arabia are ready to move reconciliation talks to a higher level, more than a year after they... Published 23 Jul, 2022 04:10am
Europe France’s hung parliament passes 20-bn-euro inflation package PARIS: France’s divided parliament on Friday passed its first major piece of legislation since elections last... Published 23 Jul, 2022 04:10am
Saudi arrested after Israeli reporter sneaks into Makkah RIYADH: A Saudi who allegedly helped a non-Muslim enter the holy city of Makkah has been arrested, police in the... Published 23 Jul, 2022 04:10am
USA US records first polio case in almost a decade NEW YORK: The United States on Thursday reported its first case of polio in almost a decade. New York state’s... Published 23 Jul, 2022 04:10am
USA Trump slams ‘kangaroo court’ probing his Capitol riot inaction WASHINGTON: Donald Trump lashed out overnight at the panel investigating the US Capitol riot, calling it a... Published 23 Jul, 2022 04:10am
Taliban intelligence officers force Foreign Policy columnist apologies for her reporting WASHINGTON, D.C: Taliban authorities must stop harassing members of the press, and the intelligence officers who... Published 23 Jul, 2022 04:10am
Europe EU launches new legal moves against UK over N Ireland BRUSSELS: The European Commission on Friday launched four new legal proceedings against Britain over London’s... Published 23 Jul, 2022 04:10am
The Weather KARACHI: The weather report on Friday (July 22, 2022) and the forecast for Saturday (July 23, 2022)... Published 23 Jul, 2022 04:10am
Moderate to high intensity: Sindh, Balochistan: rains likely from today LAHORE: Widespread thunderstorm/rains of moderate to heavy intensity with scattered very heavy rains and isolated... Published 23 Jul, 2022 04:10am
Govt celebrates its first woman to summit K2 ISLAMABAD: Govern-ment on Friday celebrated Samina Baig becoming the first woman from the country to summit K2, the... Published 23 Jul, 2022 04:10am
KP begins issuing universal number plates for vehicles PESHAWAR: KP Minister for Finance, Taimur Salim Jhagra on Friday said that the Excise & Taxation Department of... Published 23 Jul, 2022 04:10am
Covid-19: Uptick in number of infections, fatalities in past 24 hours ISLAMABAD: Pakistan has registered an uptick in the number of daily coronavirus infections and fatalities during the... Published 23 Jul, 2022 04:10am
Delimitations of constituencies: SC issues notices to AGP, Advocate General Sindh on MQM-P’s plea ISLAMABAD: The Supreme Court on Friday issued notices to the Attorney General of Pakistan (AGP) and the Advocate... Published 23 Jul, 2022 04:10am
Police sub-inspector martyred in Khyber district PESHAWAR: A Police sub-inspector was martyred after unknown terrorists opened fire at him in Qambar-Khel area of... Published 23 Jul, 2022 04:10am
Four killed, six hurt, 10 houses damaged in KP rains: PDMA PESHAWAR: Provincial Disaster Management Authority (PDMA) of Khyber Pakhtunkhwa said on Friday that four people were... Published 23 Jul, 2022 04:10am
Pakistan needs to curb corrupt practices: Alvi ISLAMABAD: President Dr Arif Alvi said that all state institutions and media should create an enabling environment... Published 23 Jul, 2022 04:10am
PFA raids sweets, bakery unit LAHORE: The Punjab Food Authority (PFA) on Friday stopped the production of a famous confectionery unit for using... Published 23 Jul, 2022 04:10am
‘Country facing serious problems due to increasing population’ FAISALABAD: The University of Agriculture Faisalabad (UAF) arranged a seminar in connection with World Population... Published 23 Jul, 2022 04:10am
Hamza chairs joint parliamentary party meeting LAHORE: Punjab Chief Minister Hamza Shahbaz on Friday presided over the joint provincial parliamentary party meeting... Published 23 Jul, 2022 04:10am
Govt removes Punjab IGP ahead of crucial CM vote LAHORE: Moments before the crucial session of the Punjab Assembly to elect a new chief minister on Friday, the... Published 23 Jul, 2022 04:10am
PARTLY FACETIOUS: The SS team “Do you support the rather sanctimonious narrative of the Shehbaz Sharif team?” “I don’t think there is... Published 23 Jul, 2022 04:10am
Europe’s banks brace for bumpy ride after cheap money decade Europe’s banks, facing a potential economic storm and a rise in borrowing costs for the first time in more than a... Published 23 Jul, 2022 04:10am
Economy, ecology: giant step forward (—Sixth part of the “China in the past decade” series) The past decade since the 18th National Congress of ... Published 23 Jul, 2022 04:10am
A reality check on country’s fiscal status The whole of the past week witnessed massive hammering of rupee (PKR) vis-à-vis the US dollar in the currency... Published 23 Jul, 2022 04:10am
Stocks Wall Street slips as ad tech, social media stocks weigh NEW YORK: US stock indexes fell on Friday after dismal quarterly revenue from Twitter and Snap triggered declines in... Published 23 Jul, 2022 04:10am
Rates LME official prices LONDON: The following were Thursday official prices. ========================================= ALUMINIUM... Published 23 Jul, 2022 04:10am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 22, 2022).... Published 23 Jul, 2022 04:10am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Friday (July 22, 2022).... Published 23 Jul, 2022 04:10am
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 23 Jul, 2022 04:10am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Friday (July 22, 2022).... Published 23 Jul, 2022 04:10am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on Friday... Published 23 Jul, 2022 04:10am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Friday (July 22, 2022). ==================================== BR... Published 23 Jul, 2022 04:10am
Rates BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 23 Jul, 2022 04:10am
Rates Dividend/Bonus Announcements KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.... Published 23 Jul, 2022 04:10am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 23 Jul, 2022 04:10am
Rates Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 23 Jul, 2022 04:10am
Rates Clearing Schedule for T+2 System KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System.... Published 23 Jul, 2022 04:10am
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 23 Jul, 2022 04:10am
Rates EFU TAKAFUL CONSERVATIVE FUND RATES KARACHI: EFU Takaful Conservative Fund Rates on Friday (July 22, 2022). ======================== OFFER PRICE... Published 23 Jul, 2022 04:10am
Rates EFU TAKAFUL AGGRESSIVE FUND RATES KARACHI: EFU Takaful Aggressive Fund Rates on Friday (July 22, 2022). ======================== OFFER PRICE... Published 23 Jul, 2022 04:10am
Rates EFU TAKAFUL GROWTH FUND RATES RECORDER REPORT KARACHI: EFU Takaful Growth Fund Rates on Friday (July 22, 2022). ======================== OFFER... Published 23 Jul, 2022 04:10am
Rates EFU INCOME GROWTH FUND KARACHI: EFU Income Growth Fund Rates on Friday (July 22, 2022). ======================== OFFER PRICE 1,000.4787... Published 23 Jul, 2022 04:10am
Rates EFU AGGRESSIVE FUND RATES KARACHI: EFU Aggressive Fund Rates on Friday (July 22, 2022). ======================== OFFER PRICE 1,382.8356 BID... Published 23 Jul, 2022 04:10am
Rates EFU GUARANTEED GROWTH FUND RATES KARACHI: EFU Guaranteed Growth Fund Rates on Friday (July 22, 2022). ======================== OFFER PRICE... Published 23 Jul, 2022 04:10am
Rates EFU Aitemad Growth Fund Rates KARACHI: EFU Aitemad Growth Fund Rates on Friday (July 22, 2022). ======================== OFFER PRICE 1,551.0488... Published 23 Jul, 2022 04:10am
Rates EFU Capital Growth Fund Rates KARACHI: EFU Capital Growth Fund Rates on Friday (July 22, 2022). ======================== OFFER PRICE 468.6903... Published 23 Jul, 2022 04:10am
Rates EFU Pension Growth Fund Rates KARACHI: EFU Pension Growth Fund Rates on Friday (July 22, 2022). ======================== OFFER PRICE 385.3247... Published 23 Jul, 2022 04:10am
Rates EFU Managed Growth Fund Rates KARACHI: EFU Managed Growth Fund Rates on Friday (July 22, 2022). ======================== OFFER PRICE 2,111.0622... Published 23 Jul, 2022 04:10am
Rates PSX snaps losing streak KARACHI: The Pakistan Stock Exchange on the last trading day of the week closed higher on easing political noise. ... Published 23 Jul, 2022 04:10am
FBR estimates potential Rs3trn tax gap Gap exists due to tax exemptions given to powerful sectors/lobbies, massive tax evasion, inability of tax machinery to collect due taxes Updated 23 Jul, 2022 02:30pm
Imran hits out at Zardari Expects Supreme Court to play its role in Hamza Shehbaz’s shock win over Parvez Elahi in Punjab CM election Updated 23 Jul, 2022 09:43am
Elahi moves SC against deputy speaker’s ruling Challenges Punjab Assembly Deputy Speaker Dost Mohammad Mazari’s ruling in Punjab CM elections Updated 23 Jul, 2022 09:45am
Election for Punjab CM puts further strain on democracy, fails to break impasse Shujaat helps Hamza inflict shock but controversial defeat on Elahi Deputy Speaker rejects PML-Q’s 10 votes, including Elahi’s PTI-backed Elahi had bagged 186 votes against PML-N candidate Hamza’s 179. The latter retains CM’s position Updated 23 Jul, 2022 09:24am
10 directors appointed on SBP BoD after Cabinet approval Appointment approved on a summary moved by Finance Division Updated 23 Jul, 2022 09:48am
Import of urea from China: Provinces to be asked to share subsidy Cabinet directs Ministry of Industries to engage with Chinese authorities to negotiate a discounted rate Updated 23 Jul, 2022 09:51am
Oil consumption declines Petrol and diesel consumption declines 21% and 44% respectively Updated 23 Jul, 2022 12:40pm
Import of Active Pharmaceutical Ingredients: DRAP certification mandatory for paying 1pc tax Tax on drugs registered under the Drugs Act, 1976 applicable at reduced rate Updated 23 Jul, 2022 12:22pm
SBP BoD: 8 non-executive directors appointed Appointment made for a period of five years Updated 23 Jul, 2022 12:40pm
Ukraine, Russia sign deal to reopen grain export ports ISTANBUL/KYIV: Russia and Ukraine signed a landmark deal on Friday to reopen Ukrainian Black Sea ports for grain... Published 23 Jul, 2022 04:10am
Energy Discos, Gencos & NTDC: Independent BoDs fail to reform power sector LAHORE: The independent BoDs of Discos, Gencos and NTDC have failed to follow the agenda of reforming the power... Published 23 Jul, 2022 04:10am
Commodities Gold prices gain KARACHI: Gold on Friday gained a sizeable value on the local market, traders said. It soared by Rs900 to Rs145400 ... Published 23 Jul, 2022 04:10am
Energy Ministry describes advantages of Discos’ sell-off ISLAMABAD: The Ministry of Privatization has said that there is need for privatizing Islamabad Electric Supply... Published 23 Jul, 2022 04:10am
Commodities Gold set to snap 5-week losing streak NEW YORK: Gold bounced toward its first weekly gain in six weeks on Friday as a pullback in US Treasury yields and... Published 23 Jul, 2022 04:10am
Commodities Copper set for first weekly gain in 7 weeks LONDON: Copper prices were on track for their first weekly rise in seven weeks on Friday as investors returned to... Published 23 Jul, 2022 04:10am
Energy Oil prices rise 1pc on supply concerns after price cap on Russian oil HOUSTON: Oil prices rose more than 1% on Friday after Russia said it won’t supply crude to countries that decide ... Published 23 Jul, 2022 04:10am
Commodities EU wheat tumbles to 4-month low PARIS: European wheat prices fell more than 7% to a four-month low on Friday after Russia and Ukraine signed a long... Published 23 Jul, 2022 04:10am
Commodities Palm ends lower KAULALUMPUR: Malaysian palm oil futures ended lower on Friday, after Indonesia said it was considering removing a... Published 23 Jul, 2022 04:10am
Energy Gasoil margins post weekly loss NEW DELHI: Asia’s refining profit margins for 10 ppm gasoil plunged nearly 20% this week due to slowing demand in... Published 23 Jul, 2022 04:10am
Commodities Iron ore set for weekly gain as falling China steel inventory lends support MANILA: Iron ore futures rose on Friday, with the Dalian benchmark contract rebounding from a seven-month low and ... Published 23 Jul, 2022 04:10am
Commodities Steel maker SSAB profit hits record, but outlook uncertain STOCKHOLM: Swedish steel maker SSAB reported a bigger-than-expected jump in quarterly earnings on Friday on strong... Published 23 Jul, 2022 04:10am
Energy VLSFO refining margin plummets to six-month low SINGAPORE: Asia’s refining margin for very low sulphur fuel oil (VLSFO) fell to a six-month low this week, as ... Published 23 Jul, 2022 04:10am
Energy Asia’s gasoline margin flips to discount, inventories rise NEW DELHI: Asia’s gasoline margin collapsed to August 2020 levels on Friday, posting a loss of over 102% amid ... Published 23 Jul, 2022 04:10am
Commodities PMEX daily trading report KARACHI: On Thursday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 18.566... Published 23 Jul, 2022 04:10am
Commodities Global wheat prices reach record levels NAPERVILLE, (Ill.): US wheat exporters last year notched their second-worst performance in a half century with ... Published 23 Jul, 2022 04:10am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 87,462 tonnes of cargo comprising 63,268 tonnes of import cargo and 24,194... Published 23 Jul, 2022 04:10am
Commodities China to buy French, Australian wheat PARIS/HAMBURG: Buyers from China purchased large volumes of Australian and French wheat this week in a sign that the... Published 23 Jul, 2022 04:10am
Cotton & Textile Cotton Spot Rates KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (July 22, 2022).... Published 23 Jul, 2022 04:10am
Cotton & Textile Cotton market: Prices maintain upward trend amid hectic business LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Friday increased the spot rate by Rs 5,00... Published 23 Jul, 2022 04:10am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Friday (July 22, 2022)... Published 23 Jul, 2022 04:10am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Friday (July 22, 2022). ======================================= Offset ... Published 23 Jul, 2022 04:10am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Friday (July 22, 2022). ======================== Open Bid Rs... Published 23 Jul, 2022 04:10am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (July 22, 2022).... Published 23 Jul, 2022 04:10am