Vote of confidence: CM terms governor’s order ‘illegal’ LAHORE: Punjab Chief Minister Chaudhry Pervaiz Elahi has termed the Punjab Governor’s letter asking him to seek... Published 06 Jan, 2023 07:34am
Industry In view of problems it faces, garment industry may close down: PRGMEA LAHORE: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has warned that in the face... Published 06 Jan, 2023 07:30am
PCB announces 16-member squad for ODIs against New Zealand LAHORE: With one eye on this year’s 50-over ACC Asia Cup and the ICC Men’s Cricket World Cup, the Pakistan... Published 06 Jan, 2023 07:28am
Pakistan determined to support right to self-determination of Kashmiris: Bilawal ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari on Thursday reiterated Pakistan’s determination to play its ... Published 06 Jan, 2023 07:17am
‘Climate Resilient Pakistan’: PM to co-host conference with UNSG on 9th ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal said that Prime Minister... Published 06 Jan, 2023 07:14am
Jul-Nov rice exports decline 30pc to 210,184 metric tons LAHORE: Pakistan’s rice export registered collectively (basmati & non-basmati) around a 30 percent decline in... Published 06 Jan, 2023 07:10am
Magnitude 5.8 earthquake hits Afghanistan ISLAMABAD: Parts of the country especially Punjab, Azad Jammu and Kashmir, Khyber-Pakhtunkhwa (KPK) and... Published 06 Jan, 2023 07:07am
Middle East Israel frees one of longest serving Palestinian prisoners after 40 years ARA, (Israel): One of Israel’s longest serving Palestinian prisoners went free on Thursday after completing a... Published 06 Jan, 2023 07:02am
SECP chief says PMEX-rural economy linkage to be created through reforms KARACHI: Securities and Exchange Commission of Pakistan (SECP) Chairman Akif Saeed has said regulatory and... Updated 06 Jan, 2023 09:02am
Textile bodies term ‘imbalance of payments’ main problem FAISALABAD: All textile associations, in the joint press conference, held at the Pakistan Hosiery Manufacturers and... Published 06 Jan, 2023 06:55am
Taxes Aptma team told: FBR wants to reduce tax burden on taxpayers KARACHI: The Federal Board of Revenue (FBR) wants to reduce the burden of tax on the taxpayers, who are already... Published 06 Jan, 2023 06:55am
COAS, Saudi minister discuss defence cooperation ISLAMABAD: Chief of Army Staff (COAS) General Asim Munir on Thursday met Saudi Arabia’s Defence Minister Prince... Published 06 Jan, 2023 06:41am
Energy Oil rises after US fuel stocks draw down NEW YORK: Oil prices rose nearly 2% on Thursday after posting the biggest two-day loss for the start of a year in... Published 06 Jan, 2023 06:37am
There will be no negotiations with any militant body: Rana ISLAMABAD: Interior Minister Rana Sanaullah on Thursday said the National Security Committee (NSC) meeting had... Published 06 Jan, 2023 05:58am
Senate body for formulating ‘coherent’ counterterrorism policy with NACTA in lead role ISLAMABAD: Senate Standing Committee on Defence stressed the need to develop a coherent counterterrorism policy with... Published 06 Jan, 2023 05:58am
USC launches subsidy under PM’s Relief Package ISLAMABAD: The Utility Stores Corporation (USC) has launched targeted and untargeted subsidy for the convenience of... Published 06 Jan, 2023 05:58am
US expresses gratitude to Pakistan for hosting Afghan refugees ISLAMABAD: The United States Ambassador to Pakistan, Donald Blome, has said that his country is grateful to Pakistan... Published 06 Jan, 2023 05:58am
Capable of countering threats, Pakistan will continue to engage with Afghanistan: FO ISLAMABAD: Foreign Office said on Thursday that “Pakistan is both determined and capable” to counter any threats... Published 06 Jan, 2023 05:58am
11 terrorists killed: ISPR RAWALPINDI: The army said late Thursday Security Forces conducted an Intelligence Based Operation in general area... Published 06 Jan, 2023 05:58am
PARTLY FACETIOUS: The famous Zaman Park “Its location, location, location.” “What? In real estate? Because I don’t agree – a fancy location at ... Published 06 Jan, 2023 05:58am
MQM-Haqiqi decides to support MQM-P rally on 9th KARACHI: The Mahajir Qaumi Movement-Haqiqi (MQM-Haqiqi) of Afaq Ahmed on Thursday announced its support for the... Published 06 Jan, 2023 05:58am
Independent MPA decides to vote for Elahi LAHORE: After a meeting with Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan here on Thursday, an independent... Published 06 Jan, 2023 05:58am
ECNEC approves $50m funding for hydro-met project of PMD LAHORE: The Executive Committee of the National Economic Council (ECNEC) has approved $50 million fresh funding for ... Published 06 Jan, 2023 05:58am
FBR: Dwindling tax collection Pakistan has one of the world’s lowest tax ratios, stemming from five main weaknesses: complexity, a narrow tax... Published 06 Jan, 2023 05:58am
PTI’s ‘White Paper’ on economy A couple of days ago, Pakistan Tehreek-e-Insaf (PTI) presented ‘White Paper’ at a seminar on the economy, which... Published 06 Jan, 2023 05:58am
Equity mutual funds: a half year of turmoil The first half of fiscal year 2023 has come to an end, and will be remembered as a time where Pakistan lurched from... Updated 06 Jan, 2023 10:36am
Democrats’ downgrade of Iowa’s role is a blow to Corn Belt, biofuels Democratic Party’s unseating of Iowa from its position as host of the first US presidential nominating contest... Published 06 Jan, 2023 05:58am
Neither early nor delayed elections will be supported: PPP KARACHI: Pakistan Peoples’ Party (PPP) Chairman and Foreign Minister Bilawal Bhutto Zardari on Thursday rejected... Published 06 Jan, 2023 05:58am
China defends its Covid response after WHO, Biden concerns BEIJING: China defended on Thursday its handling of its raging COVID-19 outbreak after US President Joe Biden voiced... Published 06 Jan, 2023 05:58am
Europe Putin orders ceasefire in Ukraine over Orthodox Christmas MOSCOW: Russian President Vladimir Putin on Thursday ordered a 36-hour cease fire in Ukraine over Orthodox Christmas... Published 06 Jan, 2023 05:58am
Europe UK unveils anti-strike bill as trains halted again LONDON: The UK government said Thursday it will introduce legislation requiring a minimum level of key public... Published 06 Jan, 2023 05:58am
SC lauds SJIT’s progress report on journalist’s murder ISLAMABAD: The Supreme Court appreciated the Special Joint Investigation Team’s (SJIT) progress report in the... Published 06 Jan, 2023 05:58am
Rain, snowfall likely in mountainous region KARACHI: Temperatures may further dip in the country, as the Met Office on Thursday forecast rain with snowfall for... Published 06 Jan, 2023 05:58am
PTI ‘staged’ attack on Imran, alleges counsel for main accused LAHORE: Counsel for the main accused in the Wazirabad attack on former prime minister Imran Khan has claimed that ... Published 06 Jan, 2023 05:58am
PM wants committee for liaison between govt, IT industry ISLAMABAD: Prime Minister Shehbaz Sharif has ordered the formation of a standing committee for coordination between... Published 06 Jan, 2023 05:58am
PDMAs asked to carry out ‘audit’ of disaster-prone areas ISLAMABAD: The National Disaster Management Authority (NDMA) in a bid to properly and timely respond to natural... Published 06 Jan, 2023 05:58am
Pakistan rejects reports about air strikes inside Afghanistan ISLAMABAD: Pakistan rubbished media reports, originating from India, about an alleged air strike inside Afghanistan... Published 06 Jan, 2023 05:58am
PAC for action against FBR officials posted in Karachi for long ISLAMABAD: The Public Accounts Committee (PAC) on Thursday ordered that all those customs, income tax, and other... Published 06 Jan, 2023 05:58am
MQM will not part ways with PDM govt: Tessori KARACHI: Sindh Governor Kamran Tessori has said that Muttahida Qaumi Movement (MQM) “will remain part of” the... Published 06 Jan, 2023 05:58am
Industry KCCI for addressing LCs issue urgently KARACHI: President of Karachi Chamber of Commerce and Industry (KCCI) Mohammed Tariq Yousuf has said that after a ... Published 06 Jan, 2023 05:58am
Green building concept aimed at reducing risks, Senate panel told ISLAMABAD: A parliamentary panel was informed on Thursday that the green building concept is aimed at developing... Published 06 Jan, 2023 05:58am
Govt urged to reinstate former chief, dismissed employees of USC ISLAMABAD: A parliamentary body on Thursday recommended to the government to reinstate the former managing director... Published 06 Jan, 2023 05:58am
Fog, cold weather hit elderly people, children hard: experts LAHORE: Expressing concerns over surge in air pollution due to mixing of fog and smog in severe cold weather... Published 06 Jan, 2023 05:58am
Use of lady judge’s official vehicle: Employee’s appeal against IHC registrar’s decision dismissed ISLAMABAD: An administrative judge of the Islamabad High Court (IHC) on Thursday endorsed the IHC registrar’s... Published 06 Jan, 2023 05:58am
MoITT readies draft of first Infrastructure Sharing Framework ISLAMABAD: The Ministry of Information Technology and Telecommunication (MoITT) has finalised the draft of ... Published 06 Jan, 2023 05:58am
CM stresses need for improved security, intelligence systems KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Thursday stressed the need for improving the existing security... Published 06 Jan, 2023 05:58am
Australian HC wishes Pakistan women’s team well ahead of tour KARACHI: Australian High Commissioner to Pakistan Neil Hawkins met Pakistan National Women’s Cricket team on... Published 06 Jan, 2023 05:58am
The Weather KARACHI: The weather report on Thursday (January 05, 2023) and the forecast for Friday (January 06, 2023)... Published 06 Jan, 2023 05:58am
Rates Stocks range-bound KARACHI: Pakistan Stock Exchange on Thursday witnessed range-bound session as the investors remained cautious on... Published 06 Jan, 2023 05:58am
Energy Asia distillates: gasoil margins recover on market buyback SINGAPORE: Asia’s 10-ppm sulphur gasoil margins recovered after two days of declines on demand for... Published 06 Jan, 2023 05:58am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 78,492 tonnes of cargo comprising 65,989 tonnes of import cargo and 12,503... Published 06 Jan, 2023 05:58am
Grains Tunisia gets offers in tenders for wheat, barley HAMBURG: The lowest price offered in the international tender from Tunisia’s state grains agency on Thursday to... Published 06 Jan, 2023 05:58am
Energy US natgas futures up on forecasts for more LNG export NEW YORK: US natural gas futures rose about 2% on Wednesday from a 10-month low in the prior session on forecasts ... Published 06 Jan, 2023 05:58am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday (January 05, 2023).... Published 06 Jan, 2023 05:58am
Cotton & Textile Selective buying seen on cotton market LAHORE: The local cotton market on Thursday remained bullish and the trading volume remained satisfactory. Cotton... Published 06 Jan, 2023 05:58am
Stocks Wall St drops as tight labour market, Fed officials’ views fan rate hike fears NEW YORK: Wall Street’s main indexes fell sharply on Thursday as fresh evidence of a tight labor market and ... Published 06 Jan, 2023 05:58am
Stocks European shares dip as media stocks slide Paris: European shares slipped on Thursday as media stocks were weighed by declines in British education group... Published 06 Jan, 2023 05:58am
Stocks Most major Gulf stock markets fall on hawkish Fed DUBAI: Most major Gulf stocks ended lower on Thursday after a hawkish message from minutes of the US Federal... Published 06 Jan, 2023 05:58am
Stocks Nikkei index rebounds on US gains TOKYO: Tokyo’s blue-chip stocks advanced Thursday following Wall Street gains as markets shrugged off messaging... Published 06 Jan, 2023 05:58am
Commodities Raw sugar hits 3-1/2 week low as supply prospects brighten LONDON: ICE raw sugar futures hit 3-1/2 week lows on Thursday as supply prospects in key producing countries ... Published 06 Jan, 2023 05:58am
Commodities Copper bounces as China investment news spurs short-covering LONDON: Copper prices bounced on Thursday to snap a four-session losing streak, as bearish speculators reversed ... Published 06 Jan, 2023 05:58am
Stocks India’s Nifty ends below 18,000 as Bajaj Finance weighs BENGALURUL India’s bluechip Nifty 50 index ended below the 18,000 mark for the first time in nearly two weeks on... Published 06 Jan, 2023 05:58am
Commodities Palm oil slips for second session KUALA LUMPUR: Malaysian palm oil futures fell for a second consecutive session on Thursday as rival oils weakened,... Published 06 Jan, 2023 05:58am
Stocks China stocks log best day in one month on economic recovery hopes SHANGHAI: China stocks saw their best day in one month on Thursday, as investor hopes for a strong economic recovery... Published 06 Jan, 2023 05:58am
Letters An air of melancholy surrounds us The country’s traditional friends are likely to come to our rescue, once again. They will be lending us a helping... Published 06 Jan, 2023 05:58am
Commodities Gold prices down KARACHI: Gold prices on Thursday slumped on the local market, traders said. Prices nosedived by Rs5200 to Rs183400... Published 06 Jan, 2023 05:58am
Stocks Largest takeover of local startup by a US firm: PSX hosts gong ceremony to mark acquisition of Cloudways by DigitalOcean KARACHI: The Pakistan Stock Exchange (PSX) welcomed Lord Aamer Sarfraz of Kensington, who is a senior adviser to... Published 06 Jan, 2023 05:58am
Energy Asia fuel oil: cash differentials dip, Singapore inventories rise SINGAPORE: Spot cash differentials in Asia’s fuel oil market dipped on Thursday amid competitive offers, while... Published 06 Jan, 2023 05:58am
Rates LME official prices LONDON: The following were Wednesday official prices. ========================================= ALUMINIUM... Published 06 Jan, 2023 05:58am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Thursday (January 05, 2023). ======================================= Offset... Published 06 Jan, 2023 05:58am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (January 05, 2023).... Published 06 Jan, 2023 05:58am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Thursday (January 05, 2023). ======================== Open Bid... Published 06 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 Thursday (January 05, 2023).... Published 06 Jan, 2023 05:58am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Thursday (January 05, 2023).... Published 06 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 06 Jan, 2023 05:58am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Thursday (January 05, 2023).... Published 06 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 06 Jan, 2023 05:58am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (January 05, 2023). ==================================== BR... Published 06 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 06 Jan, 2023 05:58am
Rates BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 06 Jan, 2023 05:58am
Rates Dividend/Bonus Announcements KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.... Published 06 Jan, 2023 05:58am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 06 Jan, 2023 05:58am
Rates Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 06 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 06 Jan, 2023 05:58am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Thursday (January 05, 2023). ========================== KIBOR... Published 06 Jan, 2023 05:58am
Rates LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Thursday (January 05, 2023).... Published 06 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 06 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 Thursday (January... Published 06 Jan, 2023 05:58am
CPEC: PM speaks to Li, iterates PDM govt’s commitment Assures Chinese Premier Li Keqiang that Pakistan would provide a completely secure and conducive business environment for Chinese investors Updated 06 Jan, 2023 08:55am
First phase of 1,000MW solar panels: Bidding process to begin next week, PM informed While presiding over a review meeting regarding the implementation of measures to save energy in the country, the meeting was informed about the progress on the implementation of the solarization project Updated 06 Jan, 2023 02:31pm
Ecnec approves PM’s Youth Laptop Scheme ISLAMABAD: A meeting of the Executive Committee of the National Economic Council (ECNEC) has approved Prime... Updated 06 Jan, 2023 09:07am
Economy: PBC team meets PM, offers suggestions ISLAMABAD: A five-member delegation of Pakistan Business Council (PBC) led by its chairman Muhammad Aurangzeb met... Updated 06 Jan, 2023 09:08am
Wazirabad attack: IK alludes to ‘establishment’s involvement’ LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has demanded a high-powered inquiry on the Wazirabad... Updated 06 Jan, 2023 09:09am
PTI chairmanship: ECP restrained from acting against IK LAHORE: The Lahore High Court on Thursday restrained the Election Commission of Pakistan (ECP) from taking any... Updated 06 Jan, 2023 09:11am
Edible oil: SBP, MoF urged to ask banks to open LCs ISLAMABAD: The edible oil industry has asked the State Bank of Pakistan (SBP) and Ministry of Finance to direct the... Updated 06 Jan, 2023 09:12am
Foreign exchange reserves at almost 9-year low level KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) reached almost nine years low level... Updated 06 Jan, 2023 09:04am
TT charges against home remittances: Process of reimbursement streamlined KARACHI: The State Bank of Pakistan (SBP) has further streamline the process of reimbursement of TT charges against... Updated 06 Jan, 2023 09:03am
Money & Banking RDA: Number reaches the half million mark KARACHI: The number of Roshan Digital Accounts (RDA) reached half million mark by end of December 2022. According to... Published 06 Jan, 2023 05:58am
ST collected from consumers: Businesspeople urged to deposit entire amount in exchequer ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Thursday, urged upon the business... Updated 06 Jan, 2023 09:03am
Taxes Customs officers: FBR chief competent authority to sanction cash rewards ISLAMABAD: The Federal Board of Revenue (FBR) chairman has been declared as the competent authority to sanction cash... Published 06 Jan, 2023 05:58am