Industry Conference held: MMBL’s women empowerment programme ‘WIN’ praised ISLAMABAD: The Mobilink Microfinance Bank’s flagship women empowerment programme, the “Women Inspirational... Published 01 Dec, 2022 07:39am
Navy seizes huge cache of drugs worth Rs8.6bn KARACHI: Two Pakistan Navy ships in collaboration with the PN’s air unit seized approximately 5,800 kg of drugs in... Published 01 Dec, 2022 07:38am
Only competent govt can ease economic crisis, says PTI leader LAHORE: Pakistan Tehreek-e-Insaf (PTI) Central Punjab General Secretary Hammad Azhar has said that the economy is on... Published 01 Dec, 2022 07:36am
Four approved projects : P3A estimates corporate taxes, revenue share income by govt ISLAMABAD: The Public Private Partnership Authority (P3A) has estimated that corporate taxes and revenue share ... Published 01 Dec, 2022 07:35am
Energy US natgas falls on high output NEW YORK: US natural gas futures slipped more than 1% in choppy trading on Wednesday on forecasts for slightly less... Published 01 Dec, 2022 07:19am
Energy Swiss govt assures Punjab of assistance in hydel projects LAHORE: Chief Minister of Punjab Chaudhry Parvez Elahi met Ambassador of Switzerland Georg Steiner at his office on... Published 01 Dec, 2022 07:19am
Summit opened: US initiative to help improve country’s higher education sector ISLAMABAD: The United States through its embassy in Islamabad has joined hands with the government of Pakistan to... Published 01 Dec, 2022 07:15am
Half of world’s democracies in decline: watchdog STOCKHOLM: Half of the world’s democracies are in a state of decline amid worsening civil liberties and rule of ... Published 01 Dec, 2022 07:14am
Eurozone inflation falls for first time in 17 months BRUSSELS: The eurozone annual inflation rate fell for the first time in 17 months in November as it slowed to 10... Published 01 Dec, 2022 07:08am
Yellen says crypto-currencies need regulation NEW YORK: US Treasury Secretary Janet Yellen on Wednesday said recent turmoil in the cryptocurrency market has not... Published 01 Dec, 2022 07:06am
South Asia At least 16 killed in Afghan madrassa blast KABUL: At least 16 people were killed and 24 others wounded Wednesday by a blast at a madrassa in Afghanistan’s... Published 01 Dec, 2022 07:03am
Companies HSBC eyes New Zealand sale, axes UK branches as empire shrinks LONDON: HSBC announced on Wednesday a possible sale of its New Zealand business and plans to close 114 branches in... Published 01 Dec, 2022 06:53am
Auto Policy 2016-21: Local car assembling capacity jumps to 0.5m units per year: EDB CEO ISLAMABAD: Pakistan’s local car assembling capacity per year has increased from 270,000 units to 500,000 within ... Updated 01 Dec, 2022 11:48am
China has room for further ‘recalibration’ of zero-Covid policy: IMF WASHINGTON: China has room to adjust its strict zero-Covid policy, the IMF said Wednesday, while underlining that ... Published 01 Dec, 2022 06:45am
‘Apolitical’ institution has perturbed ‘puppet’ politicians: Bilawal KARACHI: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari on Wednesday said that the... Published 01 Dec, 2022 06:39am
Companies CEO of Centaurus hosts UAE ambassador ISLAMABAD: Sardar Yasir Ilyas Khan, CEO of Centaurus, hosted Hamad Obaid Ibrahim Saleem Al-Zaabi, the Ambassador of... Published 01 Dec, 2022 06:35am
Companies CMOs found to have missed many prescribed KPIs ISLAMABAD: Cellular Mobile Operators (CMOs) have missed most of the Key Performance Indicators (KPIs) set in their... Updated 01 Dec, 2022 11:35am
PML-N leader congratulates Malik Tahsin on assuming charge of Fesco BoD chairman FAISALABAD: Central Senior Vice President Pakistan Muslim League (N) Youth Wing Rana Ahmed Shahryar Khan met Malik... Published 01 Dec, 2022 05:47am
IK felicitates COAS, CJCSC ISLAMABAD: The former prime minister and Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Wednesday... Published 01 Dec, 2022 05:47am
Spokesperson of Punjab govt explains PTI’s resignation policy LAHORE: Punjab government spokesperson Musarat Jamshed Cheema said that the PTI should not resign but would dissolve... Published 01 Dec, 2022 05:47am
Cabinet has been asked to approve scheme: PQA plans to deepen port’s draft, widen its navigational channel KARACHI: Chairman of the Port Qasim Authority Rear Admiral (retd) Syed Hasan Nasir Shah said on Wednesday that PQA ... Published 01 Dec, 2022 05:47am
Admission process for MBBS, BDS programmes starts today KARACHI: Chairman Provincial admission committee Sindh and Vice Chancellor Dow University of Health Sciences,... Published 01 Dec, 2022 05:47am
Entire party supporting IK’s decision of leaving assemblies: Dr Yasmin LAHORE: Punjab Health Minister Dr Yasmin Rashid has said that discussion on the dissolution of provincial assemblies... Published 01 Dec, 2022 05:47am
Hopes for early winter season diminishing fast: PMD LAHORE: Hopes for an early winter season are diminishing fast due to the non-availability of ongoing westerly waves... Published 01 Dec, 2022 05:47am
All internet services restored: PTA ISLAMABAD: The Pakistan Telecommunication Authority (PTA) on Wednesday said that all internet services were restored... Published 01 Dec, 2022 05:47am
The Weather KARACHI: The weather report on Wednesday (November 30, 2022) and the forecast for Thursday (December 01, 2022)... Published 01 Dec, 2022 05:47am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 30, 2022).... Published 01 Dec, 2022 05:47am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Wednesday (November 30, 2022).... Published 01 Dec, 2022 05:47am
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 01 Dec, 2022 05:47am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Wednesday (November 30, 2022).... Published 01 Dec, 2022 05:47am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on... Published 01 Dec, 2022 05:47am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (November 30, 2022). ====================================... Published 01 Dec, 2022 05:47am
Stocks Electronic/credit of dividend warrants/bonus/right share certificates KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates.... Published 01 Dec, 2022 05:47am
Rates BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 01 Dec, 2022 05:47am
Rates Dividend/Bonus Announcements KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.... Published 01 Dec, 2022 05:47am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 01 Dec, 2022 05:47am
Rates Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 01 Dec, 2022 05:47am
Rates Equities rangebound KARACHI: Pakistan Stock Exchange Wednesday witnessed a rangebound session with low volumes as investors avoided... Published 01 Dec, 2022 05:47am
Gas blast at coal mine kills 9 workers; 4 hurt PESHAWAR: A gas blast at a coal mine killed nine workers in a northwestern Pakistani district on Wednesday, a... Published 01 Dec, 2022 05:47am
New army chief calls on PM ISLAMABAD: Chief of Army Staff General Asim Munir after assuming the office held a meeting with Prime Minister... Updated 01 Dec, 2022 11:00pm
Kurram, Orakzai districts: UNDP Pakistan and Japan sign agreement on $3.9m project ISLAMABAD: The United Nations Development Programme (UNDP) Pakistan and the government of Japan Wednesday signed an... Published 01 Dec, 2022 05:47am
PTI ‘starts’ preparations for general elections LAHORE: The Pakistan Tehreek-e-Insaf (PTI) has started the preparations for the general elections by starting work ... Published 01 Dec, 2022 05:47am
BMP’s regional office opened in Faisalabad FAISALABAD: A new regional office of Banking Mohtasib Pakistan (BMP) has been inaugurated at SBP BSC, Faisalabad... Published 01 Dec, 2022 05:47am
PARTLY FACETIOUS: An ultimately retired army chief “The outgoing army chief…” “How about the ultimately retired army chief!” “I can’t understand you... Published 01 Dec, 2022 05:47am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 160,854 tonnes of cargo comprising 137,256 tonnes of import cargo and 23,598... Published 01 Dec, 2022 05:47am
Stocks Dow falls ahead of Powell speech; Tesla shares boost Nasdaq NEW YORK: Wall Street was mixed on Wednesday, with the Dow and S&P 500 down ahead of comments from Federal... Published 01 Dec, 2022 05:47am
Stocks China stocks end higher on Guangzhou Covid easing HONG KONG: China and Hong Kong shares extended gains on Wednesday as market participants cheered an easing of... Published 01 Dec, 2022 05:47am
Stocks Indian shares rally for second month BENGALURU: Indian shares closed at record highs for a fifth straight day on Wednesday, extending their daily rally ... Published 01 Dec, 2022 05:47am
Doesn’t matter who is/becomes FM SBP’s (State Bank of Pakistan’s) surprise 100 basis point increase in its key policy rate (to a 24-year high of... Updated 01 Dec, 2022 06:07am
Role of LPG in gas crisis – II Gas tariff and subsidies. Gas and electricity prices are politically sensitive issues. The IMF compares prices in ... Updated 01 Dec, 2022 06:20am
Australians fear for privacy as hackers steal personal data When Emma, a lawyer, found out that details of her mental health problems had been breached in a massive cyberattack... Published 01 Dec, 2022 05:47am
Letters Lack of financial prudence This is apropos a Business Recorder op-ed “Waiting for ‘manna from heaven’” carried by the newspaper... Updated 01 Dec, 2022 06:25am
Rates LME official prices LONDON: The following were Tuesday official prices. ========================================= ALUMINIUM... Published 01 Dec, 2022 05:47am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (November 30, 2022)... Published 01 Dec, 2022 05:47am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Wednesday (November 30, 2022). =======================================... Published 01 Dec, 2022 05:47am
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 01 Dec, 2022 05:47am
Rates EFU TAKAFUL CONSERVATIVE FUND RATES KARACHI: EFU Takaful Conservative Fund Rates on Wednesday (November 30, 2022). ======================== OFFER ... Published 01 Dec, 2022 05:47am
Rates EFU TAKAFUL AGGRESSIVE FUND RATES KARACHI: EFU Takaful Aggressive Fund Rates on Wednesday (November 30, 2022). ======================== OFFER PRICE... Published 01 Dec, 2022 05:47am
Rates EFU TAKAFUL GROWTH FUND RATES KARACHI: EFU Takaful Growth Fund Rates on Wednesday (November 30, 2022). ======================== OFFER PRICE... Published 01 Dec, 2022 05:47am
Rates EFU INCOME GROWTH FUND KARACHI: EFU Income Growth Fund Rates on Wednesday (November 30, 2022). ======================== OFFER PRICE... Published 01 Dec, 2022 05:47am
Rates EFU AGGRESSIVE FUND RATES KARACHI: EFU Aggressive Fund Rates on Wednesday (November 30, 2022). ======================== OFFER PRICE... Published 01 Dec, 2022 05:47am
Rates EFU GUARANTEED GROWTH FUND RATES KARACHI: EFU Guaranteed Growth Fund Rates on Wednesday (November 30, 2022). ======================== OFFER PRICE... Published 01 Dec, 2022 05:47am
Rates EFU Aitemad Growth Fund Rates KARACHI: EFU Aitemad Growth Fund Rates on Wednesday (November 30, 2022). ======================== OFFER PRICE... Published 01 Dec, 2022 05:47am
Rates EFU Capital Growth Fund Rates KARACHI: EFU Capital Growth Fund Rates on Wednesday (November 30, 2022). ======================== OFFER PRICE... Published 01 Dec, 2022 05:47am
Rates EFU Pension Growth Fund Rates KARACHI: EFU Pension Growth Fund Rates on Wednesday (November 30, 2022). ======================== OFFER PRICE... Published 01 Dec, 2022 05:47am
Rates EFU Managed Growth Fund Rates KARACHI: EFU Managed Growth Fund Rates on Wednesday (November 30, 2022). ======================== OFFER PRICE... Published 01 Dec, 2022 05:47am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Wednesday (November 30, 2022). ========================== ... Published 01 Dec, 2022 05:47am
Rates LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Friday (November 28, 2022).... Published 01 Dec, 2022 05:47am
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 01 Dec, 2022 05:47am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday ... Published 01 Dec, 2022 05:47am
Dar dismisses sovereign default threat Says country’s economic problems are ‘temporary’ Updated 01 Dec, 2022 09:50am
Ban on GMO soyabean: govt, importers take divergent positions ISLAMABAD: The APSEA (All Pakistan Solvent Extractors’ Association) patron-in-chief, Shehzad Ali Khan while briefing... Updated 01 Dec, 2022 09:44am
Finance Bill 2023: SEZs: FBR to withdraw turnover tax exemption ISLAMABAD: The Federal Board of Revenue (FBR) will withdraw exemption of turnover tax for Special Economic Zones... Updated 01 Dec, 2022 09:44am
Rates of kerosene oil, light diesel dip ISLAMABAD: In the fortnightly prices’ review of petroleum products, the price of kerosene oil (SKO) has been... Updated 01 Dec, 2022 09:43am
Country has ‘sufficient’ wheat, cabinet told ISLAMABAD: The federal cabinet, on Wednesday, was informed that Pakistan has ample wheat reserves to meet the needs... Updated 01 Dec, 2022 09:45am
World Bank says growth to slow to 2pc next year WASHINGTON: Remittances to low- and middle-income countries grew by nearly 5% to around $626 billion in 2022 - about... Published 01 Dec, 2022 05:47am
Punjab: ECP decides to hold LG polls in April ISLAMABAD: The electoral body, Wednesday, decided to hold local government elections in Punjab in the last week of... Published 01 Dec, 2022 05:47am
FCA for Oct 2022: Nepra to allow KE negative adjustment of Rs2.15/unit ISLAMABAD: National Electric Power Regulatory Authority (Nepra) is to allow negative adjustment of Rs 2.15 per unit... Updated 01 Dec, 2022 09:48am
Encashment of SBLC: Resolve Hubco-CPHGC dispute, PM asks authorities concerned ISLAMABAD: Prime Minister Shehbaz Sharif has directed the concerned authorities to resolve a dispute between Hub... Updated 01 Dec, 2022 11:17am
Delay in import of spare parts: Haveli Bahadur Shah power plant faces closure ISLAMABAD: National Power Parks Management Company (Pvt) Ltd (NPPMCL) has cautioned the Private Power &... Updated 01 Dec, 2022 09:46am
East Timor opens new port in largest ever foreign investment DILI, (East Timor): East Timor inaugurated a new deepwater port Wednesday operated by a French conglomerate, in the... Updated 01 Dec, 2022 09:46am
Media campaigns: ECC approves Rs2bn TSG against Rs5bn demand ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved a Technical Supplementary Grant of... Updated 01 Dec, 2022 09:47am
Four killed as suicide bomber attacks police guarding polio vaccination team QUETTA: A Pakistani Taliban suicide bomber rammed a police escort for a polio vaccination team in southwestern... Updated 01 Dec, 2022 09:36am
Commodities Flour millers urge Punjab govt to increase wheat quota LAHORE: Flour millers expressing their grave concern over rapidly depleting private wheat stocks, Progressive Flour... Published 01 Dec, 2022 05:47am
Energy Dastgir inaugurates 220kV grid station in Jhimpir LAHORE: Federal Minister for Energy (Power Division), Engr Khurram Dastgir Khan inaugurated 220kV grid station... Published 01 Dec, 2022 05:47am
Commodities PMEX daily trading report KARACHI: On Tuesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 16.002... Published 01 Dec, 2022 05:47am
Commodities Dalian iron ore futures down SINGAPORE: Dalian iron ore futures inched lower on Wednesday, as data showing a contraction in factory activity in... Published 01 Dec, 2022 05:47am
Commodities Japanese rubber lower SINGAPORE: Japanese rubber futures inched lower on Wednesday, tracking losses in the Shanghai market and weaker... Published 01 Dec, 2022 05:47am
Commodities ICE canola WINNIPEG, (Manitoba): ICE canola futures rose on Tuesday to a one-week high, supported by short-covering. Canola is... Published 01 Dec, 2022 05:47am
Energy VLSFO premiums up SINGAPORE: Asia’s spot fuel oil cash premiums have rebounded through the month despite consistent supply arrivals.... Published 01 Dec, 2022 05:47am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday (November 30, 2022).... Published 01 Dec, 2022 05:47am
Cotton & Textile Subdued business on cotton market LAHORE: The local cotton market on Wednesday remained bearish and the trading volume remained low. Commenting on ... Published 01 Dec, 2022 05:47am
Commodities Copper rises to near two-week high on weaker dollar LONDON: Copper prices rose to their highest in nearly two weeks on Wednesday, boosted by a weaker dollar amid hopes... Published 01 Dec, 2022 05:47am
Energy OPEC oil output drops in November: survey LONDON: OPEC oil output has fallen in November, led by top exporter Saudi Arabia and other Gulf members, after the... Published 01 Dec, 2022 05:47am
Energy Oil up more than $2 on tight supply LONDON: Oil prices rose by more than $2 on Wednesday on signs of tighter supply, a weaker dollar and optimism over a... Published 01 Dec, 2022 05:47am
Commodities Gold pares gains as US yields climb NEW YORK: Gold prices pared gains on Wednesday due to an uptick in the US bond yields ahead a much awaited speech... Published 01 Dec, 2022 05:47am
Commodities Palm oil logs second consecutive monthly rise KUALA LUMPUR: Malaysian palm oil futures on Wednesday logged gains for the second straight month as they ended ... Published 01 Dec, 2022 05:47am
Foreign investment: the rule of law matters EDITORIAL: The Tehreek-e-Taliban Pakistan (TTP) has formally called off its ceasefire citing the ongoing military... Published 01 Dec, 2022 05:47am
Art of the possible EDITORIAL: PTI (Pakistan Tehreek-e-Insaf) Chairman Imran Khan’s decision to dissolve the Punjab and KP (Khyber... Published 01 Dec, 2022 05:47am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Wednesday (November 30, 2022). ======================== Open ... Published 01 Dec, 2022 05:47am