World Malaysian ex-PM Najib goes to jail for graft after losing final appeal KUALA LUMPUR: Malaysia’s top court ordered former prime minister Najib Razak to begin a 12-year prison sentence on... Published 24 Aug, 2022 05:08am
South Asia BJP lawmaker arrested for blasphemous comments NEW DELHI: Indian police arrested a ruling party lawmaker on Tuesday for making derogatory comments against the Holy... Published 24 Aug, 2022 05:08am
Rates LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Tuesday (August 23, 2022).... Published 24 Aug, 2022 05:08am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Tuesday (August 23, 2022). ========================== KIBOR... Published 24 Aug, 2022 05:08am
Rates JLI Managed Growth Fund Rates KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (August 23, 2022). ========================... Published 24 Aug, 2022 05:08am
Rates JLI Capital Growth Fund Rates KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (August 23, 2022). ========================... Published 24 Aug, 2022 05:08am
Rates JLI MEESEQ Fund Rates KARACHI: JLI Meeseq Fund Rates on Tuesday (August 23, 2022). ======================== Offer Price 1,231.8605 Bid... Published 24 Aug, 2022 05:08am
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 24 Aug, 2022 05:08am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 24 Aug, 2022 05:08am
Stocks Electronic/credit of dividend warrants/bonus/right share certificates KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates.... Published 24 Aug, 2022 05:08am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on ... Published 24 Aug, 2022 05:08am
Pakistan The Weather KARACHI: The weather report on Tuesday (August 23, 2022) and the forecast for Wednesday (August 24, 2022)... Published 24 Aug, 2022 05:08am
Pakistan NTDC approves increase in salaries LAHORE: The Board of Directors (BoD) of National Transmission & Distribution Company (NTDC) has approved ... Published 24 Aug, 2022 05:08am
Stocks Nasdaq ticks up on hopes of less aggressive rate hikes after weak PMI data NEW YORK: The tech-heavy Nasdaq edged higher in choppy trading on Tuesday supported by megacap growth stocks on... Published 24 Aug, 2022 05:08am
Pakistan Pakistani investors invited to initiate JVs with UAE businesses LAHORE: Ambassador of United Arab Emirates (UAE) Hamad Obaid Ibrahim Saleem Al Zaabi has asked the Pakistani... Published 24 Aug, 2022 05:08am
Pakistan 5,384 illegal connections removed this month: KE KARACHI: The K-Electric on Tuesday claimed to have conducted as many as 762 anti-power theft drives across the city... Published 24 Aug, 2022 05:08am
Opinion PARTLY FACETIOUS: Legislation on defamation laws “I hate the word disqualification.” “I guess that’s one thing the Nawalas, the elder Sharif supporters, and... Published 24 Aug, 2022 05:08am
Pakistan APNS urges govts to expedite payments to print media firms KARACHI: The Executive Committee of the All Pakistan Newspapers Society (APNS) held its meeting on August 23, 2022 ... Published 24 Aug, 2022 05:08am
Pakistan Navy’s rescue and relief operation continues in Sindh KARACHI: The Pakistan Navy’s Humanitarian Assistance & Disaster Relief (HADR) operations continue in far-flung... Published 24 Aug, 2022 05:08am
Pakistan More rains likely this week KARACHI: Another strong monsoonal weather system is expected to unleash more rains in the country through Aug 26, ... Published 24 Aug, 2022 05:08am
Opinion As Ukraine war drags on, Europe’s economy succumbs to crisis It was meant to be Europe’s stellar year. A post-pandemic spending euphoria, supported by copious government... Published 24 Aug, 2022 05:08am
Opinion Determining an individual’s residency status: some taxation anomalies The Finance Act, 2022 has virtually decided that a Pakistani citizen can be taxed in Pakistan even if he never comes... Published 24 Aug, 2022 05:08am
Opinion Deregulating the oil sector — II The two biggest risks are demand-supply manipulation, creating shortages and manipulate prices. Shortages can be... Published 24 Aug, 2022 05:08am
Pakistan ISSI launches ‘Voices on Kashmir’ report: All govts have passionately advocated cause of Kashmir: FO ISLAMABAD: There is a political and national consensus in Pakistan on the issue of Jammu and Kashmir and all past ... Published 24 Aug, 2022 05:08am
Pakistan Daewoo Express terminal sealed over dilapidated buses PESHAWAR: The district administration of Peshawar on Tuesday sealed the Daewoo Express terminal over dilapidated... Published 24 Aug, 2022 05:08am
Pakistan Prohibited funding case: ECP gives PTI two weeks to file reply ISLAMABAD: The Election Commission of Pakistan (ECP) on Tuesday sought a reply from the Pakistan Tehreek-e-Insaf... Published 24 Aug, 2022 05:08am
Pakistan PM’s flood relief fund: IT and FED exemption granted to donations ISLAMABAD: The Federal Board of Revenue (FBR) has granted income tax and federal excise duty exemption on any... Published 24 Aug, 2022 05:08am
Pakistan KATI announces Rs5m donation for Balochistan flood victims KARACHI: The Korangi Association of Trade and Industry’s (KATI) patron-in-chief S M Muneer and president Salman... Published 24 Aug, 2022 05:08am
Pakistan Leghari moves LHC for record of cases against him LAHORE: A PML-N member of the Punjab Assembly, Awais Leghari, on Tuesday moved the Lahore High Court against the... Published 24 Aug, 2022 05:08am
Sports Men’s pre-season cricket camp for 2022-23 starts LAHORE: The pre-season camp for the 2022-23 domestic men’s season commenced at the respective cricket centres of... Published 24 Aug, 2022 05:08am
Pakistan Minister inaugurates SSWMB in Hyderabad HYDERABAD: Sindh Minister for Information, Transport and Mass Transit and focal person for rain emergency in... Published 24 Aug, 2022 05:08am
Pakistan Parliamentary body threatens to issue summons to minister, secretary ISLAMABAD: A parliamentary committee expressed displeasure over the continued absence of the minister of state and... Published 24 Aug, 2022 05:08am
Pakistan Police granted two-day physical remand of Farooqui ISLAMABAD: A local court on Tuesday granted capital police a two-day physical remand of YouTuber and anchorperson... Published 24 Aug, 2022 05:08am
Pakistan Forensic examination of Gill’s mobile, satellite phones likely ISLAMABAD: The capital police have decided to send the mobile and satellite phones recovered from the room of... Published 24 Aug, 2022 05:08am
Technology PTA renews CMPak licence for AJK, G-B ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has renewed the cellular mobile licence of CMPak (Zong) ... Published 24 Aug, 2022 05:08am
Pakistan Meeting of party’s parliamentary committee: PTI leaders vow to resist Imran’s arrest ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Tuesday vowed to “fight to the very end to free... Published 24 Aug, 2022 05:08am
Pakistan Punjab police launch two innovative services LAHORE: In a major step towards reforms, the Punjab police on Tuesday launched two innovative services titled... Published 24 Aug, 2022 05:08am
Pakistan Roche Diagnostics, Telenor join hands to raise health awareness LAHORE: Roche Diagnostics Pakistan and Telenor Pakistan have joined hands to raise health awareness across the rural... Published 24 Aug, 2022 05:08am
Pakistan SC grants bail to blasphemy accused ISLAMABAD: The Supreme Court on Tuesday granted bail to an accused in a blasphemy case, subject to submitting surety... Published 24 Aug, 2022 05:08am
Pakistan Sindh schools, colleges to remain shut today, tomorrow KARACHI: The Sindh government has announced closure of schools and colleges for two days on August 24 and 25 in view... Published 24 Aug, 2022 05:08am
Pakistan ‘Diamer-Bhasha,and Mohmand Dams Fund’: Ex-CJP Saqib Nisar ‘summoned’ by PAC ISLAMABAD: The Public Accounts Committee (PAC) of the parliament – a top parliamentary watchdog – on Tuesday... Published 24 Aug, 2022 05:08am
Opinion Fiscal performance in 2021-22 The results of fiscal operations for 2021-22 have been released. It is a spectacle of one of the worst fiscal... Published 24 Aug, 2022 05:08am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (August ... Published 24 Aug, 2022 05:08am
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 24 Aug, 2022 05:08am
Rates JLI YAQEEN GROWTH FUND RATES KARACHI: JLI Yaqeen Growth Fund Rates on Tuesday (August 23, 2022). ======================== Offer Price... Published 24 Aug, 2022 05:08am
Rates JLI MANAGED TAKAFUL FUND KARACHI: JLI Managed Takaful Fund Rates on Tuesday (August 23, 2022). ======================== Offer Price... Published 24 Aug, 2022 05:08am
Rates JLI CAPITAL GROWTH TAKAFUL FUND KARACHI: JLI Capital Growth Takaful Fund Rates on Tuesday (August 23, 2022). ======================== Offer ... Published 24 Aug, 2022 05:08am
Rates JLI TAKAFUL BALANCE FUND KARACHI: JLI Takaful Balance Fund Rates on Tuesday (August 23, 2022). ======================== Offer Price... Published 24 Aug, 2022 05:08am
Rates JLI TAKAFUL INCOME FUND KARACHI: JLI Takaful Income Fund Rates on Tuesday (August 23, 2022). ======================== Offer Price... Published 24 Aug, 2022 05:08am
Rates EFU Managed Growth Fund Rates KARACHI: EFU Managed Growth Fund Rates on Tuesday (August 23, 2022). ======================== OFFER PRICE... Published 24 Aug, 2022 05:08am
Rates EFU Pension Growth Fund Rates KARACHI: EFU Pension Growth Fund Rates on Tuesday (August 23, 2022). ======================== OFFER PRICE... Published 24 Aug, 2022 05:08am
Rates EFU Capital Growth Fund Rates KARACHI: EFU Capital Growth Fund Rates on Tuesday (August 23, 2022). ======================== OFFER PRICE... Published 24 Aug, 2022 05:08am
Rates EFU Aitemad Growth Fund Rates KARACHI: EFU Aitemad Growth Fund Rates on Tuesday (August 23, 2022). ======================== OFFER PRICE... Published 24 Aug, 2022 05:08am
Rates EFU GUARANTEED GROWTH FUND RATES KARACHI: EFU Guaranteed Growth Fund Rates on Tuesday (August 23, 2022). ======================== OFFER PRICE... Published 24 Aug, 2022 05:08am
Rates EFU AGGRESSIVE FUND RATES KARACHI: EFU Aggressive Fund Rates on Tuesday (August 23, 2022). ======================== OFFER PRICE 1,449.4792... Published 24 Aug, 2022 05:08am
Rates EFU INCOME GROWTH FUND KARACHI: EFU Income Growth Fund Rates on Tuesday (August 23, 2022). ======================== OFFER PRICE... Published 24 Aug, 2022 05:08am
Rates EFU TAKAFUL GROWTH FUND RATES KARACHI: EFU Takaful Growth Fund Rates on Tuesday (August 23, 2022). ======================== OFFER PRICE... Published 24 Aug, 2022 05:08am
Rates EFU TAKAFUL AGGRESSIVE FUND RATES KARACHI: EFU Takaful Aggressive Fund Rates on Tuesday (August 23, 2022). ======================== OFFER PRICE... Published 24 Aug, 2022 05:08am
Rates EFU TAKAFUL CONSERVATIVE FUND RATES KARACHI: EFU Takaful Conservative Fund Rates on Tuesday (August 23, 2022). ======================== OFFER PRICE... Published 24 Aug, 2022 05:08am
Rates Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 24 Aug, 2022 05:08am
Rates Dividend/Bonus Announcements KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.... Published 24 Aug, 2022 05:08am
Rates BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 24 Aug, 2022 05:08am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (August 23, 2022). ==================================== BR... Published 24 Aug, 2022 05:08am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Tuesday (August 23, 2022).... Published 24 Aug, 2022 05:08am
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 24 Aug, 2022 05:08am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Tuesday (August 23, 2022).... Published 24 Aug, 2022 05:08am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (August 23, 2022).... Published 24 Aug, 2022 05:08am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Tuesday (August 23, 2022). ======================== Open Bid ... Published 24 Aug, 2022 05:08am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (August 23, 2022).... Published 24 Aug, 2022 05:08am
Rates LME official prices LONDON: The following were Monday official prices. ========================================= ALUMINIUM... Published 24 Aug, 2022 05:08am
World James Webb captures stunning images of Jupiter WASHINGTON: NASA’s James Webb Space Telescope has captured stunning images of the planet Jupiter showing two tiny... Published 24 Aug, 2022 05:08am
Cotton & Textile Spot rate picks up Rs 1000 per maund LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Tuesday increased the spot rate by Rs... Published 24 Aug, 2022 05:08am
Cotton & Textile Cotton Spot Rates KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (August 23, 2022).... Published 24 Aug, 2022 05:08am
Commodities China’s ferrous metals climb MANILA: China’s iron ore and steel prices rose on Tuesday, as the government’s latest rate cut boosted sentiment... Published 24 Aug, 2022 05:08am
Commodities PMEX daily trading report KARACHI: On Monday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 15.060 ... Published 24 Aug, 2022 05:08am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 101,750 tonnes of cargo comprising 64,679 tonnes of import cargo and 37,071... Published 24 Aug, 2022 05:08am
Energy 0.5pc VLSFO premium hovers at 6-month lows SINGAPORE: Asia’s cash premium for 0.5% very low sulphur fuel oil (VLSFO) dipped towards six-month lows on Tuesday... Published 24 Aug, 2022 05:08am
Energy US natgas futures hit $10/mmbtu for first time since 2008 NEW YORK: US natural gas futures breached $10 per million British thermal units (mmBtu) for the first time in about... Published 24 Aug, 2022 05:08am
Commodities Tokyo rubber lower SINGAPORE: Japanese rubber futures inched lower on Tuesday, as weak domestic economic data weighed on sentiment,... Published 24 Aug, 2022 05:08am
Energy Oil jumps $3/bbl on possible OPEC+ tightening as Iran deal looms NEW YORK: Oil prices jumped about $3 a barrel on Tuesday after Saudi Arabia floated the idea of OPEC+ output cuts to... Published 24 Aug, 2022 05:08am
Commodities Gold gains on dollar pullback after weak US data NEW YORK: Gold rose on Tuesday, snapping six straight sessions of losses, helped by a pullback in the dollar and... Published 24 Aug, 2022 05:08am
Life & Style NAPA pays homage to Nayyara Noor KARACHI: “Nayyara Noor has left a vacuum in Pakistan’s music world and the nation has only realized this after... Published 24 Aug, 2022 05:08am
Commodities Essential commodities: NPMC takes stock of prices ISLAMABAD: The National Price Monitoring Committee (NPMC) on Tuesday reviewed the prices of essential commodities ... Published 24 Aug, 2022 05:08am
Energy Govt urged to rationalise power tariff, support exports KARACHI: Chairman of Businessmen Group (BMG) Zubair Motiwala and President of Karachi Chamber of Commerce &... Published 24 Aug, 2022 05:08am
Energy MPCL stops supply of gas to CPGCL ISLAMABAD: M/s Mari Petroleum Company Limited (MPCL) has disconnected gas supply to Central Power Generation Company... Published 24 Aug, 2022 05:08am
Rates Stocks end on healthy note KARACHI: Pakistan Stock Exchange Tuesday witnessed a bullish trend and closed on strong positive note with healthy... Published 24 Aug, 2022 05:08am
Money & Banking Quarter ended June 30, 2022: Summit Bank posts Rs497.844m PAT KARACHI: Summit Bank Limited has posted Rs 497.844 million profit after tax in the quarter ended June 30, 2022 as... Published 24 Aug, 2022 05:08am
Money & Banking Rouble steadies, Yandex shares outperform MOSCOW: The Russian rouble firmed slightly on Tuesday after initially easing beyond 60 against the dollar, while... Published 24 Aug, 2022 05:08am
Money & Banking Sterling slightly up versus dollar LONDON: Sterling was slightly higher against the dollar on Tuesday after Purchasing Managers’ index (PMI) data ... Published 24 Aug, 2022 05:08am
Money & Banking Dollar slides on contraction in private sector activity LONDON: The dollar pulled back from a fresh two-decade high against the euro on Tuesday after a report showed US... Published 24 Aug, 2022 05:08am
Industry FMPAC urges govt not to regulate DAP fertiliser import LAHORE: The Fertiliser Manufacturers of Pakistan Advisory Council (FMPAC) has appealed to the government that... Published 24 Aug, 2022 05:08am
Industry Iranian market has great scope for Pakistani food and dairy products, says CG LAHORE: Consul General of Iran Muhammad Reza Naziri has said that the Iranian market has a great potential for... Published 24 Aug, 2022 05:08am
Taxes Concerns expressed over single sales tax return form ISLAMABAD: Tax experts/advisers and chartered accountants have raised their concern over the single sales tax return... Published 24 Aug, 2022 05:08am
Editorials Promises that must be fulfilled EDITORIAL: A major reason Pakistan keeps asking for International Monetary Fund (IMF) bailouts and complain about... Published 24 Aug, 2022 05:08am
Editorials A nimble MPS? EDITORIAL: The Monetary Policy Statement (MPS) announced on 22 August 2022, as expected, kept the policy rate... Published 24 Aug, 2022 05:08am
Money & Banking AMA scheme termed game-changer under branchless banking ISLAMABAD: The Asaan Mobile Account (AMA) scheme - developed under the national financial inclusion strategy — is ... Published 24 Aug, 2022 05:08am
Industry Cancellation of competitive power tariff worries PHMA KARACHI: The Pakistan Hosiery Manufacturers and Exporters Association (PHMA) has been “shocked” over the... Published 24 Aug, 2022 05:08am
Industry Founders Group of LCCI launches election campaign LAHORE: The Founders Group of the Lahore Chamber of Commerce & Industry has started its campaign for the LCCI... Published 24 Aug, 2022 05:08am
Business & Finance Sugar industry: Major problems detected in FBR’s track & trace system LAHORE: If not completely then largely, the Federal Board of Revenue’s track & trace system has failed to... Published 24 Aug, 2022 05:08am
Business & Economy Pasha lauds MPC’s decision to maintain policy rate ISLAMABAD: Former finance minister Dr Hafeez Pasha has stated that Monetary Policy Committee’s decision to ... Published 24 Aug, 2022 05:08am
Tax exemptions, revenue loss, tax expenditure: FBR uses data of more than 80 entities for calculation