Shura Hamdard discusses ‘Decline of Ethics in the Politics of Pakistan’ KARACHI: The meeting of Shura Hamdard Karachi convened at the Hamdard Corporate Head Office to discuss the ... Published 01 Mar, 2023 07:32am
AJK govt notifies huge increase in FED on cigarettes ISLAMABAD: The Central Board of Revenue Azad Kashmir on Tuesday substantially raised Federal Excise Duty on... Published 01 Mar, 2023 07:30am
Money & Banking NBP’s strong performance with pre-tax profit of Rs62.7bn, 18.7pc up YoY with 36.2pc YoY growth, total assets reach Rs5.2trn KARACHI: The Board of Directors of National Bank of Pakistan (NBP) “the Bank” met to approve the annual ... Published 01 Mar, 2023 07:28am
Stocks Wall St set for February losses as rate fears grow NEW YORK: The benchmark S&P 500 slipped and the main US indexes were set for monthly losses on Tuesday as... Published 01 Mar, 2023 07:25am
Stocks European shares slip on sticky inflation fears PARIS: European shares slipped on Tuesday after data from France and Spain pointed to inflation being stickier than... Published 01 Mar, 2023 07:24am
Money & Banking Dollar little changed, but headed for 1st monthly gain since September NEW YORK: The dollar was flat to slightly lower against major currencies on Tuesday in choppy trading, after a round... Published 01 Mar, 2023 07:22am
Commodities Palm oil falls over 2pc on slow pace of exports KUALA LUMPUR: Malaysian palm oil futures extended early losses on Tuesday on lacklustre exports and rising... Published 01 Mar, 2023 07:22am
Commodities Copper rebounds as investors take profits LONDON: Copper prices extended a rebound on Tuesday as speculators adjusted positions on hopes for a demand revival... Published 01 Mar, 2023 07:20am
Energy Oil rebounds about 2pc on China growth hopes NEW YORK: Oil prices rose about 2% on Tuesday, erasing the previous session’s losses, as hopes for a strong... Published 01 Mar, 2023 07:19am
Stocks China stocks close higher HONG KONG: China stocks finished higher while Hong Kong shares declined on Tuesday, the last day of February, as... Published 01 Mar, 2023 07:18am
Number of 3G, 4G users increased by 1.27m in Jan: PTA ISLAMABAD: The number of 3G and 4G users in Pakistan increased by 1.27 million from 121.54 million by end-December... Published 01 Mar, 2023 06:21am
Europe Blinken promises US aid, support to Central Asia after Ukraine fears ASTANA (Kazakhstan): Secretary of State Antony Blinken on Tuesday promised US help for Central Asia to reduce the... Published 01 Mar, 2023 06:21am
Quake killed more than 50,000 in Turkey, Syria: revised toll BEIRUT: A devastating earthquake that struck Turkey and Syria killed more than 50,000 people, in a toll revised by... Published 01 Mar, 2023 06:21am
Glencore sentenced to pay $700m in US after bribery guilty plea NEW YORK: A US judge on Tuesday ordered Glencore Plc to pay $700 million in connection with its guilty plea over a... Published 01 Mar, 2023 06:21am
Future of the finance profession When preparing for my first-ever visit to Pakistan, three things came to mind as being of particularly important... Published 01 Mar, 2023 06:21am
Moroccans struggle to afford vegetables as Ramazan looms Shoppers inspect vegetables at a huge market in Sale, near the Moroccan capital Rabat, but exploding prices mean ... Published 01 Mar, 2023 06:21am
Review of HBL PSL-8: Qalandars leading points table after winning four matches LAHORE: Cricket lovers in Pakistan and around the world have been treated with some exciting innings, fabulous ... Published 01 Mar, 2023 06:21am
Wave of poison attacks on schoolgirls alarms Iranians DUBAI: Hundreds of Iranian girls in different schools have suffered “mild poison” attacks over recent months, ... Published 01 Mar, 2023 06:21am
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 Mar, 2023 06:21am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 01 Mar, 2023 06:21am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on ... Published 01 Mar, 2023 06:21am
The Weather KARACHI: The weather report on Tuesday (February 28, 2023) and the forecast for Wednesday (March 01, 2023)... Published 01 Mar, 2023 06:21am
Alvi calls for promoting skills-based education ISLAMABAD: President Dr Arif Alvi has underscored the need for promoting skills-based and technical education in the... Published 01 Mar, 2023 06:21am
Youths of all provinces: Foreign employment opportunities to be distributed equally: minister ISLAMABAD: Federal Minister for Overseas Pakistanis and Human Resource Development Sajid Hussain Turi said on ... Published 01 Mar, 2023 06:21am
‘Attempted murder’ case: IHC grants interim bail to Imran ISLAMABAD: The Islamabad High Court (IHC) on Tuesday granted an interim bail to Pakistan Tehreek-e-Insaf (PTI)... Published 01 Mar, 2023 06:21am
Vandalism at Judicial Complex: Islamabad police book Imran, other party members ISLAMABAD: The police on Tuesday booked Pakistan Tehreek-e-Insaf (PTI) chairman and former premier Imran Khan, party... Published 01 Mar, 2023 06:21am
Two Pakistanis accused of trafficking arrested CROTONE, (Italy): Italian authorities arrested three people and were looking for a fourth suspect who they believe... Published 01 Mar, 2023 06:21am
Ziauddin University holds 17th session in series of dialogues KARACHI: “To bring about real change, there needs to be a shift in the general environment at home and work”,... Published 01 Mar, 2023 06:21am
IIU president addresses orientation ceremony held for new students ISLAMABAD: Dr Hathal Homoud Alotaibi, President, International Islamic University addressed an enthralled audience ... Published 01 Mar, 2023 06:21am
Letters Italy migrant boat disaster The United Nations Missing Migrants Project has registered more than 17,000 deaths and disappearances in the central... Published 01 Mar, 2023 06:21am
Power planning marred by myriad miscalculations EDITORIAL: According to a Business Recorder news item, the government has decided not to change the location of ... Published 01 Mar, 2023 06:21am
IMF conditionalities: fiscal reforms The International Monetary Fund (IMF) typically imposes a series of conditions on countries that receive financial... Published 01 Mar, 2023 06:21am
Lithium price slide deepens as China battery giant bets on cheaper inputs Rare discounts offered by Chinese battery giant CATL to automakers have accelerated a plunge in lithium prices, and... Published 01 Mar, 2023 06:21am
CM kicks off Rs3.1bn Akbar Chowk flyover project LAHORE: Punjab caretaker Chief Minister Syed Mohsin Naqvi on Tuesday laid the foundation stone of the Akbar Chowk... Published 01 Mar, 2023 06:21am
FIA registers case against Farah Gogi LAHORE: The Federal Investigation Agency (FIA) Lahore has registered a case against Farah Gogi, a close friend of... Published 01 Mar, 2023 06:21am
PARTLY FACETIOUS: How has the Khan gained weight? “The case of the Two Tarars requires a revisit.” “The two Tarars? Reminds me of the two British comedians who... Published 01 Mar, 2023 06:21am
Lesco CEO resigns LAHORE: Chief Executive Officer (CEO) of Lahore Electric Supply Company (Lesco) Ch Muhammad Amin resigned on Tuesday... Published 01 Mar, 2023 06:21am
BISP enhances quarterly stipend by Rs2,000 ISLAMABAD: Faced with scathing criticism over its alleged failure to take adequate measures for addressing the... Published 01 Mar, 2023 06:21am
Imran gets bail in ECP protests case ISLAMABAD: An anti-terrorism court in the federal capital on Tuesday granted interim bail to PTI chief Imran Khan in... Published 01 Mar, 2023 06:21am
Schemes of NHSR ministry: Senate body conditionally approves 36 projects ISLAMABAD: The Senate Standing Committee on National Health Services and Regulations on Tuesday unanimously... Published 01 Mar, 2023 06:21am
PM inaugurates ‘School on Wheels and Mobile Bus’ project ISLAMABAD: Prime Minister Shehbaz Sharif inaugurated the “School on Wheels and Mobile Bus” project on Tuesday ... Published 01 Mar, 2023 06:21am
Pakistan to strengthen relations with Kuwait: Hina ISLAMABAD: Minister of State for Foreign Affairs Hina Rabbani Khar on Tuesday said that Pakistan is determined to... Published 01 Mar, 2023 06:21am
Bara tehsil of District Khyber: World Bank team visits different PCSP-financed sites ISLAMABAD: A senior delegation of the World Bank Pakistan led by the Country Director, Najy Benhassine, visited... Published 01 Mar, 2023 06:21am
Industry Early closure of markets: APTMA North urges govt to hold talks LAHORE: Chairman All Pakistan Textile Mills Association (APTMA) North, Hamid Zaman, has urged the government to take... Published 01 Mar, 2023 06:21am
$5m flood emergency grant signed with ADB ISLAMABAD: The government of Pakistan and the Asian Development Bank (ADB) on Tuesday signed grant agreement of five... Published 01 Mar, 2023 06:21am
Toshakhana case: Court issues non-bailable arrest warrants for IK ISLAMABAD: A local court on Tuesday issued non-bailable arrest warrants for Pakistan Tehreek-e-Insaf (PTI) chief... Published 01 Mar, 2023 06:21am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (February... Published 01 Mar, 2023 06:21am
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 Mar, 2023 06:21am
Rates LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Tuesday (February 28, 2023).... Published 01 Mar, 2023 06:21am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Tuesday (February 28, 2023). ========================== KIBOR... Published 01 Mar, 2023 06:21am
Rates EFU Managed Growth Fund Rates KARACHI: EFU Managed Growth Fund Rates on Tuesday (February 28, 2023). ======================== OFFER PRICE... Published 01 Mar, 2023 06:21am
Rates EFU Pension Growth Fund Rates KARACHI: EFU Pension Growth Fund Rates on Tuesday (February 28, 2023). ======================== OFFER PRICE... Published 01 Mar, 2023 06:21am
Rates EFU Capital Growth Fund Rates KARACHI: EFU Capital Growth Fund Rates on Tuesday (February 28, 2023). ======================== OFFER PRICE... Published 01 Mar, 2023 06:21am
Rates EFU Aitemad Growth Fund Rates KARACHI: EFU Aitemad Growth Fund Rates on Tuesday (February 28, 2023). ======================== OFFER PRICE... Published 01 Mar, 2023 06:21am
Rates EFU GUARANTEED GROWTH FUND RATES KARACHI: EFU Guaranteed Growth Fund Rates on Tuesday (February 28, 2023). ======================== OFFER PRICE... Published 01 Mar, 2023 06:21am
Rates EFU AGGRESSIVE FUND RATES KARACHI: EFU Aggressive Fund Rates on Tuesday (February 28, 2023). ======================== OFFER PRICE ... Published 01 Mar, 2023 06:21am
Rates EFU INCOME GROWTH FUND KARACHI: EFU Income Growth Fund Rates on Tuesday (February 28, 2023). ======================== OFFER PRICE... Published 01 Mar, 2023 06:21am
Rates EFU TAKAFUL GROWTH FUND RATES KARACHI: EFU Takaful Growth Fund Rates on Tuesday (February 28, 2023). ======================== OFFER PRICE... Published 01 Mar, 2023 06:21am
Rates EFU TAKAFUL CONSERVATIVE FUND RATES KARACHI: EFU Takaful Conservative Fund Rates on Tuesday (February 28, 2023). ======================== OFFER PRICE... Published 01 Mar, 2023 06:21am
Rates Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 01 Mar, 2023 06:21am
Rates Dividend/Bonus Announcements KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.... Published 01 Mar, 2023 06:21am
Rates Board meetings in progress KARACHI: Board Meetings in Progress of Companies listed on the Pakistan Stock Exchange.... Published 01 Mar, 2023 06:21am
Rates BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 01 Mar, 2023 06:21am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (February 28, 2023). ==================================== BR... Published 01 Mar, 2023 06:21am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Tuesday (February 28, 2023).... Published 01 Mar, 2023 06:21am
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 Mar, 2023 06:21am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Tuesday (February 28, 2023).... Published 01 Mar, 2023 06:21am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (February 28, 2023).... Published 01 Mar, 2023 06:21am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Tuesday (February 28, 2023). ======================== Open Bid... Published 01 Mar, 2023 06:21am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (February 28, 2023).... Published 01 Mar, 2023 06:21am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Tuesday (February 28, 2023). ======================================= Offset... Published 01 Mar, 2023 06:21am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (February 28, 2023)... Published 01 Mar, 2023 06:21am
Rates LME official prices LONDON: The following were Monday official prices. ========================================= ALUMINIUM... Published 01 Mar, 2023 06:21am
Energy Ogra increases prices of LPG cylinders ISLAMABAD: The Oil and Gas Regulatory Authority raised 4.3 percent or Rs12 per kg increase of both domestic and... Published 01 Mar, 2023 06:21am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 114,695 tonnes of cargo comprising 65,392 tonnes of import cargo and 49,303... Published 01 Mar, 2023 06:21am
Energy Gasoil, jet fuel margins fall on weak fundamentals SINGAPORE: Asia’s 10 ppm sulphur gasoil and jet fuel margins fell for the second consecutive month as persistently... Published 01 Mar, 2023 06:21am
Energy VLSFO margin declines SINGAPORE: Asia’s refining margin for 0.5% very low sulphur fuel oil dropped over 30% in February compared to the... Published 01 Mar, 2023 06:21am
Energy US natgas futures jump NEW YORK: US natural gas futures jumped about 6% to a one-month high on Monday on forecasts for more demand this ... Published 01 Mar, 2023 06:21am
Energy Bank finance for cleaner energy grows, but still lags fossil fuels LONDON: Banks gave 81 cents in financing support to low carbon energy supply for every dollar they provided to ... Published 01 Mar, 2023 06:21am
Rates PSX remains under pressure KARACHI: Pakistan Stock Exchange on Tuesday remained under pressure due to an anticipated interest rate hike in the... Published 01 Mar, 2023 06:21am
Rates EFU TAKAFUL AGGRESSIVE FUND RATES KARACHI: EFU Takaful Aggressive Fund Rates on Tuesday (February 28, 2023). ======================== OFFER PRICE... Published 01 Mar, 2023 06:21am
Taxes Tax collection drive: 33,352 vehicles checked in Sindh so far KARACHI: On the directive of Sindh Minister for Excise, Taxation and Narcotics Control Mukesh Kumar Chawla, a total... Published 01 Mar, 2023 06:21am
Business community termed biggest stakeholder of country KARACHI: Punjab Minister for Energy, Industry, Trade, Investment, Skills Development and Patron General of the... Published 01 Mar, 2023 06:21am
Dar discusses economic outlook with US official ISLAMABAD: Federal Minister for Finance and Revenue Senator Ishaq Dar held a virtual meeting with Wally Adeyemo, US... Published 01 Mar, 2023 06:21am
Google agrees to ban non-licensed digital lending apps ISLAMABAD: Google has agreed to ban all non-licensed digital lending apps in Pakistan, most of which were operating... Published 01 Mar, 2023 06:21am
Industry Gulf Food & Beverages Exhibition: IAC succeeds in attracting foreign investors PESHAWAR: Iftikhar Ahmed and Company (IAC), one of Pakistan’s leading fresh juice and pulp producing company,... Published 01 Mar, 2023 06:21am
Industry Amir Paracha elected as president of OICCI KARACHI: Amir Paracha, Chairman and Chief Executive Officer, Unilever Pakistan Limited, has taken over as the... Published 01 Mar, 2023 06:21am
Police in TTP’s crosshairs EDITORIAL: During the recent months TTP terrorists have focused on targeting the police. In the latest incident last... Published 01 Mar, 2023 06:21am
Cotton & Textile Cotton spot rate increased by Rs200 per maund LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Tuesday increased the spot rate by Rs 200... Published 01 Mar, 2023 06:21am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday (February 28, 2023).... Published 01 Mar, 2023 06:21am
Commodities Iron ore prices diverge on mixed market outlook BEIJING: Dalian and Singapore iron ore futures showed divergent trends on Tuesday due to a mixed near-term market... Published 01 Mar, 2023 06:21am
Commodities Japanese rubber futures rise SINGAPORE: Japanese rubber futures rose on Tuesday, tracking stronger domestic equities, although they were still on... Published 01 Mar, 2023 06:21am
Commodities PMEX daily trading report KARACHI: On Monday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 16.386... Published 01 Mar, 2023 06:21am
Commodities Canola higher CHICAGO: ICE Canada canola futures ended mostly higher on Monday on talk of fresh export demand from China following... Published 01 Mar, 2023 06:21am
Commodities PARB approves Rs100bn oilseed, soya bean project LAHORE: The Punjab Agricultural Research Board (PARB) has approved oilseed and soybean project worth around Rs 100... Published 01 Mar, 2023 06:21am
Taxes FBR’s audit wings accused of violating law on attaching taxpayers’ bank accounts LAHORE: The audit wings of the Federal Board of Revenue (FBR) are violating law related to attachment of bank... Published 01 Mar, 2023 06:21am
Energy Dasu Hydropower Project has created 2,664 jobs: PCJCCI chief LAHORE: Moazzam Ghurki, President Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) stated during a... Published 01 Mar, 2023 06:21am
Taxes Despite orders, failure to impose penalties on officials irks FBR chief ISLAMABAD: The Federal Board of Revenue (FBR) chairman has taken serious notice of the instances where heads of ... Published 01 Mar, 2023 06:21am
First half of financial year 2023: Inflationary pressures, rising electricity prices further impair KE’s recoveries, profitability KARACHI: Challenging socio-political and macroeconomic factors have had a cascading impact on multiple sectors... Published 01 Mar, 2023 06:21am
Initial registration with FBR: Firms, AOPs to furnish details of beneficial owners ISLAMABAD: Every company and association of person (AOP) on its initial registration with Federal Board of Revenue... Published 01 Mar, 2023 06:21am