Number of flood-hit people may top 33m, says minister ISLAMABAD: Federal Minister for Climate Change Senator Sherry Rehman on Sunday stressed that the numbers of... Published 29 Aug, 2022 08:05am
Cotton & Textile Weekly Cotton Review: Rates rise as rains damage crop KARACHI: Irreparable damage to the cotton crop was witnessed due to continuous torrential rains and floods. The ... Published 29 Aug, 2022 08:04am
DC’s directive FAISALABAD: Deputy Commissioner Imran Hamid Sheikh has ordered to design the Zebra crossing on main roads besides... Published 29 Aug, 2022 08:03am
Floods disaster: PIA to airlift relief goods free of cost KARACHI: In order to play it’s part in the national level relief efforts undertaken for the flood affectees in... Published 29 Aug, 2022 08:01am
Jazz pledges Rs1bn for flood relief efforts KARACHI: Jazz, jointly with its digital financial services JazzCash and sister concern Mobilink Microfinance Bank,... Published 29 Aug, 2022 07:58am
Flood-hit people: PTCL Group opens doors of its medical centres KARACHI: Pakistan Telecommunication Company Limited (PTCL) Group has opened the doors of its medical centres for... Published 29 Aug, 2022 07:57am
PM’s visit to Sukkur: Murad orders withdrawal of FIR against protesters KARACHI: Sindh Chief Minister Syed Murad Ali Shah took a notice of filing an FIR on protests during Prime... Published 29 Aug, 2022 07:55am
Energy BoP to arrange over Rs20bn for Punjab Thermal Power project LAHORE: A signing ceremony for the award of debt arrangement mandates exceeding Rs 20 billion to The Bank of Punjab... Published 29 Aug, 2022 07:53am
Industry Countrywide floods: BMP questions ability of NDMA, govts to mitigate suffering LAHORE: The FPCCI’s Businessmen Panel (BMP) on Sunday asked the government to form a comprehensive strategic plan... Published 29 Aug, 2022 07:53am
14 applicants provided regular jobs on ombudsman’s order LAHORE: As many as 14 applicants from different districts have been provided with regular jobs in provincial... Published 29 Aug, 2022 07:45am
Industry PIEDMC to establish industrial zone in Sialkot LAHORE: Punjab Industrial Estates Development and Management Company will establish state of the art industrial zone... Published 29 Aug, 2022 07:44am
LCCI team presents Rs10m donation to Punjab CM LAHORE: Punjab Chief Minister Chaudhry Pervaiz Elahi met a delegation of Lahore Chamber of Commerce and Industries,... Published 29 Aug, 2022 07:35am
Floods: Imran to address telethon today ISLAMABAD: Former prime minister and Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan will address a live... Published 29 Aug, 2022 07:34am
Alvi appeals for assistance ISLAMABAD: President Dr Arif Alvi on Sunday reinforced the Government of Pakistan’s appeal for international... Published 29 Aug, 2022 07:32am
Rescue and relief operations undertaken by army in all provinces ISLAMABAD: Today Aerial relief operation was undertaken by Pakistan Army in District Rajanpur. Aid in the shape of... Published 29 Aug, 2022 07:30am
Floods pose food security threat to country: PBF KARACHI: Vice President of Pakistan Businesses Forum (PBF), Jahan Ara Watoo has said that this flooding coupled with... Published 29 Aug, 2022 07:17am
Flood Relief Cash Assistance: BISP disburses over Rs6bn among 255,946 families ISLAMABAD: Benazir Income Support Programme (BISP) has disbursed over six billion rupees among 255,946 families ... Published 29 Aug, 2022 07:13am
All set for APC on flood situation ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday convened an all parties’ conference (APC) excluding Pakistan... Published 29 Aug, 2022 07:11am
Women, tourists among 173 stranded people rescued PESHAWAR: Rescue operation to save stranded people in Kumrat and Kalam has continued and 173 persons were rescued on... Published 29 Aug, 2022 07:08am
17 lives lost in Gilgit-Baltistan floods GILGIT: As many as 17 people have lost their lives during heavy rains and flash floods in Gilgit-Baltistan (GB), ... Published 29 Aug, 2022 07:03am
Bilawal says tents, foods, medicines are needed urgently LARKANA: Pakistan People’s Party (PPP) Chairman and Foreign Minister Bilawal Bhutto Zardari has said that the... Published 29 Aug, 2022 07:00am
500 houses to be built for flood victims of South Punjab LAHORE: The Pakistan Society of Internal Medicine (PSIM), in collaboration with University of Health Sciences (UHS),... Published 29 Aug, 2022 06:57am
Flood survivors: PDMA appeals for drinking water, shelters ISLAMABAD: Provincial Disaster Management Authority (PDMA) on Sunday appealed that the people should donate safe... Published 29 Aug, 2022 06:51am
Turkiye sending relief goods for flood victims today ISLAMABAD: The brother Islamic country Turkiye is dispatching two planes of relief goods for flood victims of... Published 29 Aug, 2022 06:45am
Navy relief operations continue in flood-hit areas KARACHI: Pakistan Navy rescue and relief operation is underway in coastal and creeks areas and it has further... Published 29 Aug, 2022 06:41am
Nawaz urges masses, affluent segments to help flood victims ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif on Sunday called upon masses especially the... Published 29 Aug, 2022 06:38am
Rates PKR declines 2.7pc in inter-bank KARACHI: The rupee depreciated 2.7% in the inter-bank against the US dollar to settle at 220.66 on Friday, but it ... Published 29 Aug, 2022 06:35am
Russia blocks adoption at UN of nuclear disarmament text UNITED NATIONS: Russia on Friday prevented the adoption of a joint declaration following a four-week UN conference ... Published 29 Aug, 2022 06:33am
Country facing a number of crises: expert KARACHI: There are a number of crises confronting the country right now, including those of energy sector, economy,... Published 29 Aug, 2022 06:23am
Gas supply to Karachi’s general industry suspended KARACHI: The gas crisis in Karachi persists as the Sui Sorthern Gas Pipelines Limited (SSGPL) has suspended gas... Published 29 Aug, 2022 06:23am
IT systems and website: SECP hires third-party security audit firm ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has hired a reputable third-party security... Published 29 Aug, 2022 06:13am
Rates PSX remains under pressure KARACHI: Pakistan Stock Exchange remained under pressure during the outgoing week ended on August 26, 2022 due to... Published 29 Aug, 2022 05:44am
Rates Futures spread declines 1107bps KARACHI: The futures spread declined by 1107bps to 8.43 percent on the last day of the outgoing week. Trading... Published 29 Aug, 2022 05:44am
PM announces Rs10bn grant for Balochistan JAFFARABAD: Prime Minister Muhammad Shehbaz Sharif on Sunday announced a grant of Rs10 billion for Balochistan... Updated 29 Aug, 2022 09:45am
119 more dead as floods continue to devastate country ISLAMABAD: Ongoing floods continued to devastate the country on Sunday, especially Khyber Pakhtunkhwa and ... Updated 29 Aug, 2022 09:48am
Airspace for US drones: Pakistan rejects Afghan minister’s allegations ISLAMABAD: Pakistan on Sunday categorically rejected the allegation by acting defence minister of Afghanistan... Updated 29 Aug, 2022 09:45am
Expert for enforcing tax writ firmly ISLAMABAD: Former chairman Federal Board of Revenue (FBR) Shabbar Zaidi categorically said that the government has ... Updated 29 Aug, 2022 09:47am
NHA compensation case: President overrules verdict of federal ombudsman ISLAMABAD: President Dr Arif Alvi has overruled a verdict by Wafaqi Mohtasib in a two and a half decades old case,... Updated 29 Aug, 2022 09:48am
Ukraine on edge as Zaporizhzhia nuclear plant, nearby towns shelled KYIV: Russian artillery fired at Ukrainian towns across the river from the Zaporizhzhia nuclear power plant... Published 29 Aug, 2022 05:44am
Pakistan – a perennial Fund borrower Twenty-third International Monetary Fund (IMF) programme, on average three year per programme, in our 75 years of... Updated 29 Aug, 2022 02:46pm
Floods ‘mimic 2010’? Tragically, the country is witnessing another super flood within a span of twelve years. The impact assessment is... Published 29 Aug, 2022 05:44am
Egypt dims lights to boost foreign reserves An economic crisis spurred by the Ukraine war is casting darkness upon Egypt’s streets, as the government dims... Published 29 Aug, 2022 05:44am
First flight from UAE carrying 3,000 tons of relief goods arrives ISLAMABAD: The first flight from United Arab Emirates (UAE), carrying over 3,000 tons of relief goods including... Published 29 Aug, 2022 05:44am
Sindh rulers have left people orphaned: Ayesha Haleem KARACHI: The daughter of the opposition leader Haleem Adil Sheikh, Ayesha Haleem Adil Sheikh, has said that today... Published 29 Aug, 2022 05:44am
Flood victims: Zardari says Bilawal will not leave people in the lurch KARACHI: Former President of Pakistan and President Pakistan People’s Party Parliamentarians, Asif Ali Zardari has... Published 29 Aug, 2022 05:44am
Naveed Qamar, son visit rain-hit areas HYDERABAD: Federal Minister for Commerce Syed Naveed Qamar and Special Assistant to Chief Minister Sindh for... Published 29 Aug, 2022 05:44am
Energy Smart grid station, transformer workshop: Minister directs Hesco to prepare feasibility report HYDERABAD: Federal Energy Minister Khuram Dastagir Khan has asked Hyderabad Electric Supply Company (Hesco)... Published 29 Aug, 2022 05:44am
Middle East Power cuts melt Gaza’s ice cream stocks as heatwave boosts demand GAZA: Lengthy power cuts in the Gaza Strip have melted stocks of ice cream, forcing shops to stop selling it just... Published 29 Aug, 2022 05:44am
Energy Germany’s gas storage facilities filling up faster than planned BERLIN: Germany’s gas storage facilities are filling up faster than planned, Economy Minister Robert Habeck said,... Published 29 Aug, 2022 05:44am
South Asia India demolishes illegal 100-metre ‘twin towers’ outside Delhi NOIDA, (India): India demolished two residential high-rise buildings outside New Delhi on Sunday, in a dramatic... Published 29 Aug, 2022 05:44am
Commodities Bangladesh set to import 500,000 tonnes of wheat from Russia DHAKA: Bangladesh is set import 500,000 tonnes of wheat at $430 a tonne from Russia in a government-to-government... Published 29 Aug, 2022 05:44am
Stocks Wall Street Week Ahead: US summer stock rally at risk as September looms NEW YORK: The 10.7 percent rally in the S&P 500 from its June lows is stumbling as it runs into what has... Published 29 Aug, 2022 05:44am
Stocks Gulf stocks fall on tight monetary policy outlook DUBAI: Major Gulf stock markets ended lower on Sunday as investors in the region reacted to comments by Federal... Published 29 Aug, 2022 05:44am
Stocks Wall Street ends in a hole after Powell’s Wyoming speech NEW YORK: Wall Street ended Friday with all three benchmarks more than 3% lower, as Federal Reserve Chief Jerome... Published 29 Aug, 2022 05:44am
Stocks Germany leads European shares lower LONDON: European shares tumbled on Friday, with Germany in the lead as investors fretted over downbeat consumer... Published 29 Aug, 2022 05:44am
Stocks UK stocks log worst week since mid-June LONDON: UK stock indexes fell on Friday to log their biggest weekly decline since mid-June as concern mounted about ... Published 29 Aug, 2022 05:44am
USA Trump social media platform faces money woes NEW YORK: Signs are growing that Donald Trump’s social media platform Truth Social is in financial trouble, with... Published 29 Aug, 2022 05:44am
Facebook agrees to settle Cambridge Analytica privacy suit WASHINGTON: Facebook has reached a preliminary agreement in a long-running lawsuit seeking damages from the social... Published 29 Aug, 2022 05:44am
US regulator queried Twitter on false accounts WASHINGTON: Twitter faced scrutiny from US market regulators over how the platform calculates the number of false or... Published 29 Aug, 2022 05:44am
Europe Swiss Re loses sex discrimination employment tribunal LONDON: Swiss Re has lost an employment tribunal brought by a female underwriter in the latest sexism case to hit ... Published 29 Aug, 2022 05:44am
Flood relief efforts: world community urged to come forward ISLAMABAD: Prime Minister’s Special Representative for Interfaith Harmony and Middle East Hafiz Tahir Mehmood... Published 29 Aug, 2022 05:44am
Karachi deserves status of ‘charter city’: PDP KARACHI: Pasban Democratic Party (PDP) chairman Altaf Shakoor said the present system of local government has failed... Published 29 Aug, 2022 05:44am
Durban drama to Dubai drubbing: Five memorable India-Pakistan T20s DUBAI: Fierce rivals India and Pakistan will clash in the Asia Cup Twenty20 tournament in Dubai later on Sunday for... Published 29 Aug, 2022 05:44am
Nadal eyes 23rd major as Djokovic gives up on US Open NEW YORK: Rafael Nadal targets a fifth US Open and 23rd Grand Slam title in New York from next week with his path to... Published 29 Aug, 2022 05:44am
Serena Williams prepares for final curtain call at US Open NEW YORK: After a glittering 27-year professional career in which she became one of the greatest players of all... Published 29 Aug, 2022 05:44am
Wahaj Riaz-inspired Sindh Blues win National U19 Championship KARACHI: Sindh Blues are the winners of the National U19 Championship. They thrashed Sindh Whites by a mammoth 288... Published 29 Aug, 2022 05:44am
DAKC enters into KP CM Soccer League final PESHAWAR: In the Chief Minister Khyber Pakhtunkhwa Football League, Dara Adam Khel Football Club (DAKC) qualified ... Published 29 Aug, 2022 05:44am
Celtic hit nine in Dundee Utd demolition GLASGOW: Celtic thrashed Dundee United 9-0 as hat-tricks from Kyogo Furuhashi and Liel Abada helped set a new... Published 29 Aug, 2022 05:44am
National Sports Policy to be finalised in consultation with all stakeholders: Mazari ISLAMABAD: Minister for Inter Provincial Coordination (IPC) Ehsan ur Rehman Mazari said on Sunday that the federal... Published 29 Aug, 2022 05:44am
Japan’s Yamaguchi retains badminton women’s world title TOKYO: Japan’s Akane Yamaguchi retained her badminton women’s world title in front of her home crowd in Tokyo on... Published 29 Aug, 2022 05:44am
Arts Art & Research in Pakistan: British Council partners with Art South Asia Project KARACHI: British Council is partnering with Art South Asia Project (ASAP) and COMO Museum for a one day symposium of... Published 29 Aug, 2022 05:44am
Rates Your rupee last week KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (August 22 to ... Published 29 Aug, 2022 05:44am
The Weather KARACHI: The weather report on Sunday (August 28, 2022) and the forecast for Monday (August 29, 2022).... Published 29 Aug, 2022 05:44am
IMF-assessed financing gap bridged: govt IMF board will meet on Monday to take up Pakistan’s programme review to decide whether to approve a tranche of funding for the country Updated 29 Aug, 2022 09:50am
Flash floods: Bilawal hopes financial institutions to take economic fallout into account ISLAMABAD: Pakistan needs financial help to deal with “overwhelming” floods, its foreign minister said on Sunday,... Updated 29 Aug, 2022 09:47am
Gas pipeline project: Pakistan, Iran agree to resume talks ISLAMABAD: Pakistan and Iran have agreed to resume negotiations for implementation of Iran-Pakistan (IP) Gas... Updated 29 Aug, 2022 09:46am
Senator Warren worries that Fed will tip US economy into recession WASHINGTON: Democratic US Senator Elizabeth Warren said on Sunday that she was very worried that the Federal Reserve... Updated 29 Aug, 2022 09:40am
PSO scraps HSFO delivery tenders ISLAMABAD: Pakistan State Oil (PSO) has scrapped tenders for delivery of High Sulphur Furnace Oil (HSFO) cargoes for... Updated 29 Aug, 2022 09:49am
Sindh braces for deluge from northern rivers SUKKUR: Flooded Sindh province braced Sunday for a fresh deluge from swollen rivers in the north as the death toll... Updated 29 Aug, 2022 09:41am
Current account deficit EDITORIAL: The government has succeeded in containing the current account deficit to 1.2 billion dollars in July... Published 29 Aug, 2022 05:44am
State’s cases in courts EDITORIAL: The ruling coalition has only itself to blame for snail-paced progress in the matter of letting go of... Published 29 Aug, 2022 05:44am
Money & Banking U Bank receives global recognition with three prestigious awards ISLAMABAD: U Microfinance Bank (U Bank), Pakistan’s fastest growing microfinance bank, has added another victory ... Published 29 Aug, 2022 05:44am
Companies Syngenta Pakistan partners with Salaam-Takaful KARACHI: Syngenta Pakistan Limited, a globally leading agriculture company, specializing in crop protection,... Published 29 Aug, 2022 05:44am
Money & Banking Bank of Korea’s Rhee says policy tightening unlikely to end before Fed JACKSON HOLE, Wyo./SEOUL: The Bank of Korea (BOK) must keep raising interest rates until the rate of inflation is in... Published 29 Aug, 2022 05:44am
Suzuki drives deeper into India with global R&D unit GANDHINAGAR, (India): Suzuki Motor Corp will set up a global research and development company in India, its ... Published 29 Aug, 2022 05:44am
Companies Saudi pilgrimage complex developer converts $1.4bn debt to equity DUBAI: Jabal Omar Development Company, one of Saudi Arabia’s largest listed property developers, said on Sunday it... Published 29 Aug, 2022 05:44am
Industry Australia to probe ‘broken’ industrial relations at jobs summit SYDNEY: Australia’s new government will consider reforms to the country’s “broken” industrial bargaining... Published 29 Aug, 2022 05:44am
Taxes UK’s Liz Truss considers 5pc cut in VAT if she becomes PM LONDON: British leadership frontrunner Liz Truss is considering cutting value-added tax (VAT) by 5% across the board... Published 29 Aug, 2022 05:44am
Money & Banking Dollar rebounds as Powell commits to fighting inflation NEW YORK: The dollar index gained on Friday after Federal Reserve Chair Jerome Powell adopted a hawkish tone to... Published 29 Aug, 2022 05:44am
Money & Banking Russian rouble eases past 60 vs dollar, stocks edge higher MOSCOW: The Russian rouble weakened past the 60-mark against the dollar on Friday as support from month-end tax... Published 29 Aug, 2022 05:44am
Money & Banking Sterling set for weekly loss LONDON: The British pound fell on Friday, on track for a weekly loss after a hawkish speech by US Federal Reserve... Published 29 Aug, 2022 05:44am
Money & Banking Yuan set for second weekly loss SHANGHAI: China’s yuan was set for a second straight weekly loss on Friday as the dollar was buoyed by safe-haven... Published 29 Aug, 2022 05:44am
Money & Banking Indian rupee eases MUMBAI: The Indian rupee eased for the third week running, as pressures from firmer oil prices and the dollar ... Published 29 Aug, 2022 05:44am
Industry China’s jobless youth left in the lurch BEIJING: China’s slowing economy has left millions of young people fiercely competing for an ever-slimming raft of... Published 29 Aug, 2022 05:44am
Companies Lamborghini has already sold all its cars until 2024 FRANKFURT: Italian sports car maker Lamborghini has already pre-sold the entire production run to early 2024, its... Published 29 Aug, 2022 05:44am
Money & Banking Art market pushes on with rocky crypto romance PARIS: The closest most people get to owning a world-famous artwork is to buy a cheap poster from a gallery, but art... Published 29 Aug, 2022 05:44am
Money & Banking Ethereum crypto overhaul targets environmental impact LONDON: The world’s second biggest cryptocurrency after bitcoin, ethereum, will soon overhaul its blockchain... Published 29 Aug, 2022 05:44am
Industry Bureaucracy-Business community relationship: FCCI president underscores need for close liaison FAISALABAD: Close liaison between senior bureaucracy and business community is imperative to give proper input in... Published 29 Aug, 2022 05:44am
Industry WANZ’s BoD endorses for conversion from private to public limited company KARACHI: Board of Directors of WANZ International group of companies has formally endorsed conversion from private ... Published 29 Aug, 2022 05:44am
Industry Stakeholders discuss issues hampering trade, exports PESHAWAR: Stakeholders discussed key issues hampering local trade and exports from Peshawar at a Public Private... Published 29 Aug, 2022 05:44am