PDWP approves four uplift schemes LAHORE: The Punjab Provincial Development Working Party approved four development schemes of various sectors with an... Published 05 Jan, 2023 07:23am
SC dismisses Customs’ appeal against release of confiscated vehicle ISLAMABAD: The Supreme Court dismissed the appeal of Customs Intelligence against the release of a confiscated... Published 05 Jan, 2023 07:22am
LG polls: SHC seeks ECP reply over appointments after schedule’s announcement KARACHI: The Sindh High Court (SHC) on Wednesday ordered the Election Commission of Pakistan to submit its report by... Published 05 Jan, 2023 07:20am
Govt ‘advised’ to do away with ‘luxuries’: Small traders reject move for early closure of shops KARACHI: Small traders rejected on Wednesday the government’s decision to ensure early closure of businesses in... Published 05 Jan, 2023 07:19am
Fawad shares details of JIT’s report on IK attack LAHORE: Pakistan Tehreek-e-Insaf (PTI) Senior Vice President Fawad Chaudhry has said that there was a planned ... Published 05 Jan, 2023 07:17am
Sindh govt removes administrators on ECP orders KARACHI: The Muttahida Qaumi Movement-Pakistan (MQM-P) has suffered a setback as the Sindh government has removed... Published 05 Jan, 2023 07:15am
Cold weather for northern areas likely KARACHI: The country’s northern mountainous region on Wednesday saw a steep fall in temperatures, as the Met ... Published 05 Jan, 2023 07:13am
Rana clarifies stance over remarks about Afghanistan ISLAMABAD: Interior Minister Rana Sanaullah, on Wednesday, refuted the statement attributed to him that “Pakistan... Published 05 Jan, 2023 06:57am
Industry SECP chief for continuous engagement with market participants KARACHI: The chairman of Securities and Exchange Commission of Pakistan (SECP), Akif Saeed, during his visit to... Published 05 Jan, 2023 06:53am
Three creators of educational content win TikTok awards KARACHI: Pakistan’s top three educational content creators — Daniyal Ahmed, Talha Malik, and Syed Aun — won ... Published 05 Jan, 2023 06:50am
Colombian govt suspends ‘ceasefire’ with ELN fighters BOGOTÁ: The Colombian government said Wednesday it was suspending a ceasefire pact it had announced with the ELN... Published 05 Jan, 2023 05:58am
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 05 Jan, 2023 05:58am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 05 Jan, 2023 05:58am
The Weather KARACHI: The weather report on Wednesday (January 04, 2023) and the forecast for Thursday (January 05, 2023)... Published 05 Jan, 2023 05:58am
Gender disparity in education poses risk to economic growth: SBP KARACHI: Gender disparity in education enrollment poses a risk to prosperity and economic growth, experts have said... Updated 05 Jan, 2023 07:26am
Removal from PTI’s chairmanship: Imran moves LHC against ECP LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has approached the Lahore High Court against the Election... Published 05 Jan, 2023 05:58am
OPC organizes ‘restoration of democracy’ rally LAHORE: On the instructions of chairman of Pakistan Tehreek-e-Insaf Imran Khan, a rally was organised from the... Published 05 Jan, 2023 05:58am
Pakistan condemns Israeli minister’s visit to Al-Aqsa compound ISLAMABAD: Pakistan on Wednesday joined the other countries in condemning the insensitive and provocative visit of... Published 05 Jan, 2023 05:58am
Panel expresses concern over use of adulterated milk ISLAMABAD: A parliamentary panel on Wednesday, while expressing serious concern on the use of adulterated milk by 87... Published 05 Jan, 2023 05:58am
Putin deploys new Zircon hypersonic cruise missiles to Atlantic MOSCOW: President Vladimir Putin sent a frigate to the Atlantic Ocean armed with new generation hypersonic cruise... Published 05 Jan, 2023 05:58am
Africa Car bombs kill 35, burn houses in Somalia MOGADISHU: Two car bombs detonated by al Shabaab militants in central Somalia on Wednesday killed at least 35 ... Published 05 Jan, 2023 05:58am
JI announces sit-in outside CM House KARACHI: Jamaat-e-Islami (JI) Karachi chief Engr Hafiz Naeemur Rehman has announced to hold protest sit-in outside... Published 05 Jan, 2023 05:58am
Pakistan-Belarus JMC: Naveed to co-chair meeting on 12th ISLAMABAD: Federal Minister for Commerce Syed Naveed Qamar will co-chair the 6th session of Pakistan-Belarus Joint... Published 05 Jan, 2023 05:58am
Betel nuts, non-customs paid vehicles seized KARACHI: The anti-smuggling team of Customs Intelligence, Karachi has seized smuggled betel nuts, Non-Custom Paid... Published 05 Jan, 2023 05:58am
Letters PDM wants to have its cake and eat it? This is apropos a Business Recorder op-ed “To many it sounds like PDM wants to have its cake and eat it” carried... Updated 05 Jan, 2023 06:35am
At CES tech mega-show, driverless cars show promise, limitations Crowds of techies will descend on Las Vegas this week for the annual CES technology mega-show, but one innovation ... Published 05 Jan, 2023 05:58am
Pakistan: a state and its citizens in state of denial – II History cannot be undone; however, the complacency that crept in can somehow be brought to the surface. Given the... Updated 05 Jan, 2023 06:32am
Slim chance of Asian equities rebounding 2022 turned out to be an annus horribilis for Asian equities as an uber-hawkish Fed and unrelenting dollar strength... Updated 05 Jan, 2023 06:26am
Elahi lays foundation of institute of postgraduate studies at PKLI LAHORE: Laying the foundation stone of ‘Chaudhry Parvez Elahi Institute of Post Graduate Studies’ at PKLI, here... Published 05 Jan, 2023 05:58am
Punjab cabinet body okays changes in rules LAHORE: The Cabinet’s Legislative Business Committee of the Punjab Cabinet has accorded approval to amendment in... Published 05 Jan, 2023 05:58am
Minister advises IK to wait for general elections LAHORE: Pakistan Muslim League-Nawaz (PML-N) leader Khawaja Saad Rafique has asked Pakistan Tehreek-e-Insaf (PTI)... Published 05 Jan, 2023 05:58am
Land fraud case Court grants post-arrest bail to MNA LAHORE: An anti-corruption court granted post-arrest bail to PML-N MNA Chaudhry Muhammad Ashraf in an alleged land... Published 05 Jan, 2023 05:58am
AC grants pre-arrest bail to son-in-law of PM LAHORE: An accountability court on Wednesday granted interim pre-arrest bail to Haroon Yousaf, a son-in-law of Prime... Published 05 Jan, 2023 05:58am
Indian minister’s charges part of bid to mislead world: FO ISLAMABAD: Foreign Office on Wednesday dismissed the “baseless and frivolous accusations” made by Indian ... Published 05 Jan, 2023 05:58am
Provision of education: PM assures seminaries of full support ISLAMABAD: Prime Minister Shehbaz Sharif said on Wednesday that the government would provide full support to... Published 05 Jan, 2023 05:58am
No airport to be privatised: CAA ISLAMABAD: The Civil Aviation Authority (CAA), on Wednesday, clarified the media reports about the privatisation of... Published 05 Jan, 2023 05:58am
PARTLY FACETIOUS: Trying the same remedy again and again “What is with these guys – they try the same remedy again and again and again…” “It’s the Nawaz Sharif... Updated 05 Jan, 2023 06:18am
TTP claims killing two intelligence officials DERA ISMAIL KHAN: Tehreek-e-Taliban on Wednesday claimed the killing of a senior official of premier intelligence... Published 05 Jan, 2023 05:58am
Due to price difference: NA panel foresees movement of wheat from Punjab to Sindh ISLAMABAD: Due to a higher minimum support price (MSP) of wheat fixed by the Sindh government, wheat from Punjab... Published 05 Jan, 2023 05:58am
Minister inaugurates Champions of Reforms network ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal has formally inaugurated... Updated 05 Jan, 2023 07:28am
NA body told: One window operation in all EOBI offices in the offing ISLAMABAD: Employees Old Age Benefits Institution (EOBI) told the National Assembly Standing Committee on Overseas... Published 05 Jan, 2023 05:58am
Industry KP-TMA offers condolences over Yunus Tabba’s death PESHAWAR: Chairman, Khyber Pakhtunkhwa Textile Mills Association (KP-TMA), Afan Aziz and Vice Chairman Muhammad... Published 05 Jan, 2023 05:58am
Forex Gap between inter-bank and ‘open’ market rates on FCY transactions widens to over Rs24 KARACHI: Customers using their cards (debit or credit) to conduct foreign currency transactions will have to be... Published 05 Jan, 2023 05:58am
Appointment of administrators declared illegal: LHC directs ECP to hold election forthwith LAHORE: The Lahore High Court declared the appointment of administrators and assigning of functions and power by the... Published 05 Jan, 2023 05:58am
Official confirms detection of Omicron sub-variant XBB KARACHI: Member Sindh Corona Taskforce, Dr Faisal Mahmood on Wednesday urged masses to wear facemasks and avoid... Published 05 Jan, 2023 05:58am
US supports Pakistan’s right to defend itself from terrorism WASHINGTON: The United States has said that Pakistan has a right to defend itself from terrorism, as the country has... Published 05 Jan, 2023 05:58am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (January... Published 05 Jan, 2023 05:58am
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 05 Jan, 2023 05:58am
Rates LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Wednesday (January 04, 2023).... Published 05 Jan, 2023 05:58am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Wednesday (January 04, 2023). ========================== KIBOR... Published 05 Jan, 2023 05:58am
Rates Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 05 Jan, 2023 05:58am
Rates Board meetings in progress KARACHI: Board Meetings in Progress of Companies listed on the Pakistan Stock Exchange.... Published 05 Jan, 2023 05:58am
Rates BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 05 Jan, 2023 05:58am
Stocks Electronic/credit of dividend warrants/bonus/right share certificates KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates.... Published 05 Jan, 2023 05:58am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (January 04, 2023). ==================================== ... Published 05 Jan, 2023 05:58am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on... Published 05 Jan, 2023 05:58am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Wednesday (January 04, 2023).... Published 05 Jan, 2023 05:58am
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 05 Jan, 2023 05:58am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Wednesday (January 04, 2023).... Published 05 Jan, 2023 05:58am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (January 04, 2023).... Published 05 Jan, 2023 05:58am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Wednesday (January 04, 2023). ======================== Open ... Published 05 Jan, 2023 05:58am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 04, 2023).... Published 05 Jan, 2023 05:58am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Wednesday (January 04, 2023). ======================================= ... Published 05 Jan, 2023 05:58am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (January 04, 2023)... Published 05 Jan, 2023 05:58am
Rates LME official prices LONDON: The following were Tuesday official prices. ========================================= ALUMINIUM... Published 05 Jan, 2023 05:58am
Energy China ready to resume oil and gas talks with the Philippines, says Xi BEIJING/MANILA: China is ready to resume oil and gas talks and manage maritime issues “cordially” with the... Published 05 Jan, 2023 05:58am
Commodities China allows four firms to resume Aussie coal imports SINGAPORE: China’s state planner has allowed three central government-backed utilities and its top steelmaker to... Published 05 Jan, 2023 05:58am
Commodities Gold prices hit new historic highs KARACHI: Gold prices on Wednesday continued to hit the new historic highs on the local market, traders said. The... Published 05 Jan, 2023 05:58am
Stocks Wall St subdued as signs of tight labour market fuel rate hike concerns New YORK: Wall Street’s main indexes were subdued on Wednesday as data showed US job openings fell less than... Published 05 Jan, 2023 05:58am
Stocks Gulf stocks slide on weaker oil and PMI data DUBAI: Major Gulf stock markets ended the New Year rally on Wednesday, with Saudi Arabia falling the most as worries... Published 05 Jan, 2023 05:58am
Stocks European shares clock third day of gains on upbeat economic data PARIS: European shares closed higher for the third straight session on Wednesday as a lower inflation reading from... Published 05 Jan, 2023 05:58am
Commodities Palm oil slides from near 5-week high KUALA LUMPUR: Malaysian palm oil futures fell on Wednesday after scaling a near five-week peak in the previous... Published 05 Jan, 2023 05:58am
Commodities Copper hits two-month low as demand fears emerge LONDON: Copper prices slipped to two-month lows on Wednesday as the market focused on slowing economic growth and... Published 05 Jan, 2023 05:58am
Stocks Tech, property shares lift HK stocks as recovery hopes brighten HONG KONG: Hong Kong stocks on Wednesday jumped to their highest since July, while China stocks extended gains, as... Published 05 Jan, 2023 05:58am
Cotton & Textile Spot rate gains Rs500 amid modest activity LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Wednesday increased the spot rate by Rs 500 per... Published 05 Jan, 2023 05:58am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday (January 04, 2023).... Published 05 Jan, 2023 05:58am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 122,405 tonnes of cargo comprising 84,134 tonnes of import cargo and 38,271... Published 05 Jan, 2023 05:58am
Energy Asia’s spot fuel market steady to softer SINGAPORE: Asia’s spot fuel oil market was steady to softer on Wednesday on consistent supply arrivals, while... Published 05 Jan, 2023 05:58am
Rates Stocks end on negative note KARACHI: Pakistan Stock Exchange on Wednesday witnessed mixed trend and closed on negative note due to investor lack... Published 05 Jan, 2023 05:58am
Industry Heimtextil-2023 in Frankfurt: APBUMA expresses concern over rejection of visa applications FAISALABAD: Massive rejections of visa applications of the exporters intending to participate in Heimtextil-2023 in... Published 05 Jan, 2023 05:58am
Rs5,000bn deficit in budget: HCCI president calls for improving working of govt depts HYDERABAD: President of Hyderabad Chamber of Commerce and Industry (HCCI) Adeel Siddiqui has said that Rs5,000... Published 05 Jan, 2023 05:58am
Telecom industry facing serious challenges, say officials ISLAMABAD: The telecom industry in Pakistan is facing serious challenges, especially after recent floods and problem... Published 05 Jan, 2023 05:58am
US job openings remain elevated; manufacturing slump continues WASHINGTON: US job openings fell less than expected in November as the labor market remains tight, which could see... Published 05 Jan, 2023 05:58am
Companies SSGC, FFBL ink GSA for supply of 68MMCFD gas KARACHI: The Managing Directors of Sui Southern Gas Company Limited (SSGC) and Fauji Fertilizer Bin Qasim Limited... Published 05 Jan, 2023 05:58am
Taxes Power bills: FBR collects double income tax in Karachi KARACHI: Despite being victimized by dilapidated road infrastructure, high air pollution, gas shortage,... Published 05 Jan, 2023 05:58am
Relentless aggression EDITORIAL: In a blatant act of aggression on Monday Israel hit the Damascus International Airport, killing four... Published 05 Jan, 2023 05:58am
The moment of reckoning is upon us EDITORIAL: The National Security Committee meeting had a two-point agenda: the state of the economy and the rise in... Updated 05 Jan, 2023 06:40am
Money & Banking Financials drag Indian shares 1pc lower BENGALURU: Indian shares fell about 1% on Wednesday, with financials and metals leading a broad-based retreat as... Published 05 Jan, 2023 05:58am
Money & Banking US dollar dips before Fed minutes, Aussie jumps NEW YORK: The US dollar dipped on Wednesday before the Federal Reserve will release minutes from its December... Published 05 Jan, 2023 05:58am
Commodities Japanese rubber goes up SINGAPORE: Japanese rubber futures on Wednesday tracked gains in the Shanghai market, as demand sentiment was lifted... Published 05 Jan, 2023 05:58am
Commodities ICE canola CHICAGO: ICE canola futures gained on Tuesday, supported by strong crusher interest and firm global veg oil markets,... Published 05 Jan, 2023 05:58am
Commodities Iron ore futures drop MANILA: Benchmark iron ore futures fell in volatile trade on Wednesday, as COVID-19 disruptions and lingering... Published 05 Jan, 2023 05:58am
Commodities PMEX daily trading report KARACHI: On Tuesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 20.097... Published 05 Jan, 2023 05:58am
Cement despatches decline by 20.73pc in six months LAHORE: Total cement despatches (domestic and exports) during the first six months of the current financial year... Published 05 Jan, 2023 05:58am
Taxes In bid to enhance recovery, FBR speeds up issuing of notices to taxpayers LAHORE: The Federal Board of Revenue (FBR) has sped up issuing of notices to taxpayers to enhance recovery efforts ... Published 05 Jan, 2023 05:58am
PM’s aide assigns targets for broadening tax net ISLAMABAD: The Special Assistant to the Prime Minister on Revenue, Tariq Pasha, has started assigning targets to the... Published 05 Jan, 2023 05:58am
Taxes RTO teams start registering small traders ISLAMABAD: The special teams of the Regional Tax Office (RTO) of Islamabad have started visiting markets in posh... Published 05 Jan, 2023 05:58am
Tax demand in respect of Q2 2022 advance tax: IHC sets aside order of DC IR Islamabad ISLAMABAD: The Islamabad High Court (IHC) set aside the order of Deputy Commissioner Inland Revenue, Islamabad... Updated 05 Jan, 2023 08:54am
Wheat shortage, financial crisis: Balochistan seeks centre’s help QUETTA: Balochistan Chief Minister Mir Abdul Quddus Bizenjo here on Wednesday demanded the federation to immediately... Updated 05 Jan, 2023 09:00am
Markets refuse to close early under govt’s energy conservation plan PESHAWAR/LAHORE: Markets in major cities on Wednesday spurned a new government directive to shut early under an... Updated 05 Jan, 2023 08:55am
