Commodities Japanese rubber futures slip on economic data SINGAPORE: Japanese rubber futures slipped to a four-week low on Tuesday, as data showing a weaker-than-expected... Published 15 Feb, 2023 07:28am
Commodities France nudges up soft wheat area estimate PARIS: France’s farm ministry on Tuesday increased slightly its estimate of the area sown with soft wheat for the... Published 15 Feb, 2023 07:27am
Energy Gasoil cash differentials dip on selling interest SINGAPORE: Asia’s spot cash differentials for gasoil declined on Tuesday as selling interest persisted. The 10 ppm... Published 15 Feb, 2023 07:23am
Commodities Aurubis CEO remains upbeat for new year HAMBURG: The chief executive of Aurubis, Europe’s largest copper producer, said he remains optimistic for its new... Published 15 Feb, 2023 07:23am
To be presented in parliament today: Cabinet approves Finance Supplementary Bill ISLAMABAD: A meeting of the Federal Cabinet has approved the Finance Supplementary Bill 2023 to be presented in the... Published 15 Feb, 2023 07:20am
Grabbers sitting on 1900 acres of Sindh varsity land: minister KARACHI: The Sindh Universities and Boards Minister on Tuesday told the Sindh Assembly that people have grabbed ... Published 15 Feb, 2023 07:17am
Western powers say ‘strongly oppose’ Israel settlement moves BERLIN: The foreign ministers of five Western powers said Tuesday they were “deeply troubled” by the Israeli... Published 15 Feb, 2023 06:33am
CJP’s ‘controversial’ remarks: AGP cannot speak on behalf of parliament: Rabbani ISLAMABAD: The last day of the Senate’s 324th session saw treasury members not only arguing with one another but... Published 15 Feb, 2023 06:27am
Hammad Azhar awarded PTI ticket for by-polls in NA-126 LAHORE: The Pakistan Tehreek-e-Insaf (PTI) on Tuesday awarded Hammad Azhar, a party ticket for the by-elections in... Published 15 Feb, 2023 06:27am
LHC upholds govt’s decision of sacking 97 law officers LAHORE: A larger bench of the Lahore High Court on Tuesday upheld Punjab caretaker government’s decision of ... Published 15 Feb, 2023 06:27am
Calls for elections in Punjab immediately: All possible steps will be taken to defend Constitution, says PTI LAHORE: General Secretary of Pakistan Tehreek-e-Insaf (PTI) Asad Umar has demanded that a date for elections to the... Published 15 Feb, 2023 06:27am
Azerbaijani team leaves Lahore after 3-day visit LAHORE: The Azerbaijani delegation left for Islamabad after a three-day visit to Lahore. The delegation visited the... Published 15 Feb, 2023 06:27am
Hafeez back in Quetta team LAHORE: Quetta Gladiators have replaced an injured Ahsan Ali with all-rounder Mohammad Hafeez for the HBL Pakistan... Published 15 Feb, 2023 06:27am
CM wants foolproof security arrangements for PSL matches LAHORE: The Chief Minister Punjab Mohsin Naqvi and IG Police Dr Usman Anwar paid a surprise visit to Punjab Safe... Published 15 Feb, 2023 06:27am
Country needs good performance, not narratives: Maryam LAHORE: Pakistan Muslim League-Nawaz (PML-N) senior vice president Maryam Nawaz Sharif said on Tuesday that the... Published 15 Feb, 2023 06:27am
SSUET, Al Karam Towels ink MoU KARACHI: Sir Syed University of Engineering & Technology (SSUET) and Al Karam Towel Industries signed Memorandum... Published 15 Feb, 2023 06:27am
Nigaah signs MoU with Karachi School of Art KARACHI: The 2nd Nigaah Art Awards ceremony was recently held at Mohatta Palace Museum, Karachi. As part of its... Published 15 Feb, 2023 06:27am
Protein Day to be observed on 27th: Right To Protein initiative announces theme for 2023 KARACHI: Ahead of the annual Protein Day to be observed on February 27, a dedicated awareness initiative called ... Published 15 Feb, 2023 06:27am
Absence of concerned ministers: Parliament’s joint sitting adjourned for two weeks ISLAMABAD: The joint sitting of parliament was proved an exercise in futility as it was adjourned on Tuesday for two... Published 15 Feb, 2023 06:27am
Public Sector Development Programme: MoH&W working on 413 projects, Senate panel told ISLAMABAD: Ministry of Housing and Works (MoH&W) Tuesday informed that the estimated cost of total 413 projects... Published 15 Feb, 2023 06:27am
People’s Bus Service: Service to be launched in Sukkur on 17th, says minister KARACHI: Sindh Minister for Information, Transport and Mass Transit Sindh Sharjeel Inam Memon has announced to... Published 15 Feb, 2023 06:27am
900kg substandard meat seized KARACHI: The KMC Veterinary Services department claimed to have seized 900 kg illegally slaughtered meat in two... Updated 15 Feb, 2023 07:07am
PTI workers ready for ‘jail bharo’ drive, says focal person ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) on Tuesday claimed that a large number of party workers from all over... Published 15 Feb, 2023 06:27am
Election date for KP: PHC seeks written replies from ECP, governor PESHAWAR: The Peshawar High Court (PHC) on Tuesday sought written replies from the Election Commission of Pakistan... Published 15 Feb, 2023 06:27am
Reinstatement of employees: NA body seeks report from FIA ISLAMABAD: A meeting of the special committee of the National Assembly on the affected employees has sought a report... Published 15 Feb, 2023 06:27am
Munir Akram clarifies his remarks on Pashtun culture ISLAMABAD: Pakistan’s Permanent Representative to the United Nations in New York Munir Akram explained his... Published 15 Feb, 2023 06:27am
Jamia Hajwiria Data Darbar: Minister gives certificates, prizes to graduating students LAHORE: Certificates and prizes were distributed among the graduating students at Jamia Hajwiria Data Darbar during... Published 15 Feb, 2023 06:27am
Minister condemns lynching of man in Nankana Sahib ISLAMABAD: Federal Minister for Human Rights Mian Riaz Hussain Pirzada on Tuesday, while condemning the barbaric... Published 15 Feb, 2023 06:27am
Minister terms Imran ‘super corrupt’ ISLAMABAD: Federal Minister for Information and Broadcasting Marriyum Aurangzeb on Tuesday lambasted Pakistan... Published 15 Feb, 2023 06:27am
Ministry informs parliamentary panel: Launch of 5G cellular services not possible ISLAMABAD: A parliamentary panel was informed on Tuesday by officials of the Ministry of Information Technology that... Published 15 Feb, 2023 06:27am
Joint security strategy devised for PSL, women’s league ISLAMABAD: The law enforcement agencies of Islamabad and Rawalpindi on Tuesday devised a joint strategy with respect... Published 15 Feb, 2023 06:27am
Imran capable of steering country out of crises: Elahi LAHORE: Former Punjab chief minister Chaudhry Parvez Elahi said on Tuesday that Pakistan Tehreek-e-Insaf Chairman... Published 15 Feb, 2023 06:27am
Elections in Punjab: Governor, ECP team fail to finalise date LAHORE: Governor of Punjab Muhammad Baligh-ur-Rehman chaired a consultative meeting with a team of the Election... Published 15 Feb, 2023 06:27am
Acquittal plea in sedition case: Gill moves IHC against sessions court’s verdict ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader and former SAPM Shahbaz Gill has approached the Islamabad High ... Published 15 Feb, 2023 06:27am
FO condemns Israeli decision to legalise settlements ISLAMABAD: Pakistan on Tuesday condemned Israel’s recent decision to legalise nine settlements in the occupied... Published 15 Feb, 2023 06:27am
FM launches automated service for Pakistanis abroad ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari on Tuesday kicked off the “Global Launch of the Automation of... Published 15 Feb, 2023 06:27am
741.693kg of drugs, 6,020 litres of HCL seized ISLAMABAD: The Anti-Narcotics Force (ANF) claims to have seized 741.693kg of drugs and 6,020 litres of hydrochloric... Published 15 Feb, 2023 06:27am
The Weather KARACHI: The weather report on Tuesday (February 14, 2023) and the forecast for Wednesday (February 15, 2023)... Published 15 Feb, 2023 06:27am
US State Dept official to arrive on 17th ISLAMABAD: Counsellor of the US Department of State Derek Cholletis arriving in Islamabad on Friday to hold crucial... Updated 15 Feb, 2023 09:09am
ECP, Punjab governor behind election delay: IK LAHORE: Pakistan Tehreek-e-Insaf Chief Imran Khan said on Tuesday that the date of the election was being derailed ... Published 15 Feb, 2023 06:27am
PTI lawmakers architects of NAO amendments, SC told ISLAMABAD: The federation’s counsel submitted that the Pakistan Tehreek-e-Insaf (PTI) parliamentarians are,... Published 15 Feb, 2023 06:27am
Govt working for betterment of ties with global partners: Bilawal ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari has said the government is arduously working for the betterment ... Published 15 Feb, 2023 06:27am
Pay of federal govt employees: Grant of special dispensation allowed with retrospective effect ISLAMABAD: The Finance Division has notified special dispensation for the federal government employees from pay ... Published 15 Feb, 2023 06:27am
Calls for elections in Punjab immediately: All possible steps will be taken to defend Constitution, says PTI LAHORE: General Secretary of Pakistan Tehreek-e-Insaf (PTI) Asad Umar has demanded that a date for elections to the... Published 15 Feb, 2023 06:27am
PARTLY FACETIOUS: SS is an interim measure, so to speak “Nepotism at its very worst…” “It should not concern you – Notification Maryam Nawaz (NMN) can leave PML-N... Published 15 Feb, 2023 06:27am
PPP accepts PDM proposal, decides to stay away from polls ISLAMABAD: The Pakistan People’s Party (PPP) has decided that it would not participate in the by-elections on... Published 15 Feb, 2023 06:27am
Stocks IT stocks lift Indian shares BENGALURU: Indian shares advanced on Tuesday, led by gains in IT stocks ahead of US inflation data later in the day,... Published 15 Feb, 2023 06:27am
Stocks China, HK stocks subdued on Sino-US tensions SHANGHAI: China and Hong Kong stocks were subdued on Tuesday, as Sino-US tensions curbed risk appetite and investors... Published 15 Feb, 2023 06:27am
Stocks European shares pare early gains as US inflation data feed rate hike jitters PARIS: European stocks ended modestly higher on Tuesday following upbeat corporate updates but pared most early ... Published 15 Feb, 2023 06:27am
Stocks Wall St slides as inflation data, policymakers stoke rate worries NEW YORK: Wall Street’s main indexes slid on Tuesday after data showed consumer prices accelerated in January,... Published 15 Feb, 2023 06:27am
After multi-billion US fund collapse, Germany’s Allianz eschews risk for safe bonds For years, Allianz, one of the world’s biggest investors, piled billions into property, wind farms and even... Published 15 Feb, 2023 06:27am
New gas tariff and circular debt Finally, much-awaited new gas tariff has been announced by government under negotiations with the International... Updated 15 Feb, 2023 06:50am
IMF programme and energy crisis Pakistan has less than US$3 billion in foreign reserves, enough to finance less than three weeks of imports. It owes... Updated 15 Feb, 2023 06:47am
Letters A picture says one thousand words This is apropos a Business Recorder front-page photograph headlined as “Class, elegance and style” carried by ... Published 15 Feb, 2023 06:27am
The challenge of SOEs – I The state of Pakistan’s economy has been a constant subject of discussion over the past month or so in the print... Published 15 Feb, 2023 06:27am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on ... Published 15 Feb, 2023 06:27am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 15 Feb, 2023 06:27am
Rates Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 15 Feb, 2023 06:27am
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 15 Feb, 2023 06:27am
Rates EFU TAKAFUL CONSERVATIVE FUND RATES KARACHI: EFU Takaful Conservative Fund Rates on Tuesday (February 14, 2023). ======================== OFFER PRICE... Published 15 Feb, 2023 06:27am
Rates EFU TAKAFUL AGGRESSIVE FUND RATES KARACHI: EFU Takaful Aggressive Fund Rates on Tuesday (February 14, 2023). ======================== OFFER PRICE... Published 15 Feb, 2023 06:27am
Rates EFU TAKAFUL GROWTH FUND RATES KARACHI: EFU Takaful Growth Fund Rates on Tuesday (February 14, 2023). ======================== OFFER PRICE... Published 15 Feb, 2023 06:27am
Rates EFU INCOME GROWTH FUND KARACHI: EFU Income Growth Fund Rates on Tuesday (February 14, 2023). ======================== OFFER PRICE... Published 15 Feb, 2023 06:27am
Rates EFU AGGRESSIVE FUND RATES KARACHI: EFU Aggressive Fund Rates on Tuesday (February 14, 2023). ======================== OFFER PRICE ... Published 15 Feb, 2023 06:27am
Rates EFU GUARANTEED GROWTH FUND RATES KARACHI: EFU Guaranteed Growth Fund Rates on Tuesday (February 14, 2023). ======================== OFFER PRICE... Published 15 Feb, 2023 06:27am
Rates EFU Aitemad Growth Fund Rates KARACHI: EFU Aitemad Growth Fund Rates on Tuesday (February 14, 2023). ======================== OFFER PRICE... Published 15 Feb, 2023 06:27am
Rates EFU Capital Growth Fund Rates KARACHI: EFU Capital Growth Fund Rates on Tuesday (February 14, 2023). ======================== OFFER PRICE... Published 15 Feb, 2023 06:27am
Rates EFU Pension Growth Fund Rates KARACHI: EFU Pension Growth Fund Rates on Tuesday (February 14, 2023). ======================== OFFER PRICE... Published 15 Feb, 2023 06:27am
Rates EFU Managed Growth Fund Rates KARACHI: EFU Managed Growth Fund Rates on Tuesday (February 14, 2023). ======================== OFFER PRICE... Published 15 Feb, 2023 06:27am
Rates JLI TAKAFUL INCOME FUND KARACHI: JLI Takaful Income Fund Rates on Tuesday (February 14, 2023). ======================== Offer Price... Published 15 Feb, 2023 06:27am
Rates JLI TAKAFUL BALANCE FUND KARACHI: JLI Takaful Balance Fund Rates on Tuesday (February 14, 2023). ======================== Offer Price... Published 15 Feb, 2023 06:27am
Rates JLI CAPITAL GROWTH TAKAFUL FUND KARACHI: JLI Capital Growth Takaful Fund Rates on Tuesday (February 14, 2023). ======================== Offer ... Published 15 Feb, 2023 06:27am
Rates JLI MANAGED TAKAFUL FUND KARACHI: JLI Managed Takaful Fund Rates on Tuesday (February 14, 2023). ======================== Offer Price... Published 15 Feb, 2023 06:27am
Rates JLI YAQEEN GROWTH FUND RATES KARACHI: JLI Yaqeen Growth Fund Rates on Tuesday (February 14, 2023). ======================== Offer Price... Published 15 Feb, 2023 06:27am
Rates JLI MEESEQ Fund Rates KARACHI: JLI Meeseq Fund Rates on Tuesday (February 14, 2023). ======================== Offer Price 1,274.0471 ... Published 15 Feb, 2023 06:27am
Rates JLI Capital Growth Fund Rates KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (February 14, 2023). ========================... Published 15 Feb, 2023 06:27am
Rates JLI Managed Growth Fund Rates KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (February 14, 2023). ========================... Published 15 Feb, 2023 06:27am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Tuesday (February 14, 2023). ========================== KIBOR... Published 15 Feb, 2023 06:27am
Rates LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Tuesday (February 14, 2023).... Published 15 Feb, 2023 06:27am
Rs170bn additional taxes: Do it thru bill, Alvi asks Dar Ishaq Dar informs that government wants to raise additional revenue through taxes by promulgating an ordinance Updated 15 Feb, 2023 09:03am
SBP takes steps aimed at timely realisation of export proceeds Has decided to initiate necessary action in all those cases where full export proceeds are not realized within prescribed time period as defined Foreign Exchange Manual Updated 15 Feb, 2023 12:34pm
Rates PSX turns bearish KARACHI: Pakistan Stock Exchange Tuesday witnessed a bearish trend due to heavy selling on investor concerns over ... Published 15 Feb, 2023 06:27am
Fitch further downgrades long-term foreign currency IDR to ‘CCC-’ ISLAMABAD: Fitch Ratings has downgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to “CCC-”,... Updated 15 Feb, 2023 09:04am
Govt plans to quadruple coal-fired power ISLAMABAD: Government plans to quadruple its domestic coal-fired capacity to reduce power generation costs and will... Published 15 Feb, 2023 06:27am
Purchases by Discos from net metering consumers: Nepra trashes plan to revise power rates ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has trashed its plan to revise rates of... Updated 15 Feb, 2023 09:07am
FED on cigarettes doubled ISLAMABAD: The government has started the implementation of the mini-budget late Tuesday night by doubling the... Updated 15 Feb, 2023 08:58am
‘AMAN’ to pave way for more peaceful, secure region: PM KARACHI: Prime Minister Shehbaz Sharif on Tuesday said that Pakistan Navy’s multinational AMAN-23 Exercise would... Updated 15 Feb, 2023 09:07am
Rs601m for 7 PSDP projects approved by NA body ISLAMABAD: The National Assembly Standing committee on Cabinet Secretariat approved Rs601.649 million for seven... Updated 15 Feb, 2023 09:05am
Raising financing for national security: Finance Division decides to avail direct credit lines ISLAMABAD: Finance Division has reportedly decided to avail direct credit lines from banks/ financial institutions ... Updated 15 Feb, 2023 09:06am
IAEA DG due today ISLAMABAD: International Atomic Energy Agency (IAEA) Director General Rafael Mariano Grossi will arrive on a two-day... Updated 15 Feb, 2023 09:04am
Solar power projects: Nepra approves RfP amid strong reservations voiced by KP Member ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved Request for Proposal (RfP) ... Updated 15 Feb, 2023 09:04am
Energy Power Division, KE to ink three pending deals soon ISLAMABAD: Power Division and K-Electric (KE) on Tuesday confirmed that both parties are likely to initial three... Published 15 Feb, 2023 06:27am
Commodities Copper pares gains as dollar firms after Fed comments LONDON: Copper prices lost most of their gains on Tuesday as the dollar strengthened after Federal Reserve officials... Published 15 Feb, 2023 06:27am
Energy Oil prices fall after US crude release lifts supply concerns BENGALURU: Oil prices fell on Tuesday after the US government said it would release more crude from its Strategic... Published 15 Feb, 2023 06:27am
Commodities Gold dips as Fed sticks to stance on inflation NEW YORK: Gold prices eased after US Federal Reserve officials reiterated the central bank’s firm stance in its... Published 15 Feb, 2023 06:27am
Commodities Palm oil rebounds on bargain-buying JAKARTA: Malaysian palm oil rose on Tuesday, snapping three days of losses, as traders sought bargain amid firmer... Published 15 Feb, 2023 06:27am
Commodities Dalian Iron ore futures drift lower MANILA: Dalian iron ore futures edged lower on Tuesday, while the steelmaking ingredient’s benchmark contract in... Published 15 Feb, 2023 06:27am
Commodities PMEX daily trading report KARACHI: On Monday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 16.860... Published 15 Feb, 2023 06:27am
Energy US natgas jumps as partial return of Freeport LNG boosts exports NEW YORK: US natural gas futures jumped about 5% on Tuesday from near a 25-month low in the prior session on a rapid... Published 15 Feb, 2023 06:27am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 152,025 tonnes of cargo comprising 83,792 tonnes of import cargo and 68,233... Published 15 Feb, 2023 06:27am