World Bank for more investment in human development KARACHI: The World Bank’s report, Pakistan Human Capital Review (HCR), Building Capabilities throughout Life,... Published 03 May, 2023 06:53am
AKFED intends to acquire more HBL shares KARACHI: Habib Bank Limited (HBL) has announced that its Sponsor Aga Khan Fund for Economic Development (AKFED)... Published 03 May, 2023 06:44am
FBR rescinds SRO but new FED rates on cigarettes to remain intact ISLAMABAD: The Federal Board of Revenue (FBR) has rescinded SRO 178(I)/2023 which has considerably increased the... Published 03 May, 2023 06:42am
UBL proposal: BoD asks Silkbank to pursue potential merger KARACHI: The Board of Directors of Silkbank Limited has reviewed and considered the UBL proposal and granted its... Updated 03 May, 2023 08:47am
Chinese foreign minister meets Myanmar junta chief YANGON: China’s foreign minister met Myanmar’s junta chief on Tuesday, the military said, the highest-ranking... Published 03 May, 2023 06:35am
Sudan warring parties agree ‘in principle’ to 7-day truce KHARTOUM: Warring generals in Sudan have agreed “in principle” to a seven-day truce, the government of... Published 03 May, 2023 06:35am
South Asia India, China propose ‘multiple pathways’ on cutting use of fossil fuels NEW DELHI: India, backed by China, is trying to build a consensus within the G20 group to let countries choose a... Published 03 May, 2023 06:35am
Climate Dialogue in Berlin: Sherry sees actions taken to match pledges fall short ISLAMABAD: “As we approach the Global Stocktake at COP28, I see global records being broken by climate change,... Published 03 May, 2023 06:35am
‘Dubious’ appointment Senate body seeks report on action against two NTDC DMDs ISLAMABAD: Chairman Senate Standing Committee on Power, Senator Saif Ullah Abro has sought comprehensive report from... Published 03 May, 2023 06:35am
G-20 Summit in IIOJK: President asks MOFA to expose India’s ulterior motives ISLAMABAD: President Dr Arif Alvi has asked the Ministry of Foreign Affairs (MOFA) to intensify its efforts to ... Published 03 May, 2023 06:35am
PPP will continue to support freedom of press: Zardari ISLAMABAD: Former president of Pakistan and President Pakistan People’s Party Parliamentarians (PPP-P), Asif Ali... Published 03 May, 2023 06:35am
PM assures support to development of AJK people ISLAMABAD: Prime Minister Shehbaz Sharif has stated that the federal government will provide all possible support ... Published 03 May, 2023 06:35am
Pakistan Shaheens start four-day match against Zimbabwe-A today LAHORE: Imran Butt-led Pakistan Shaheens will be eying for a winning start when they take on Zimbabwe-A in the... Published 03 May, 2023 06:35am
Major bids to smuggle huge quantities of fertilizer, sugar to Afghanistan foiled ISLAMABAD: Directorate General of Intelligence and Investigation-Customs foiled major attempts to smuggle huge... Published 03 May, 2023 06:35am
The Weather KARACHI: The weather report on Tuesday (May 02, 2023) and the forecast for Wednesday (May 03, 2023)... Published 03 May, 2023 06:35am
Orders by apex court: All authorities, state organs bound to obey: CJP ISLAMABAD: Chief Justice of Pakistan Umar Ata Bandial has said all authorities and the organs of the State are bound... Updated 03 May, 2023 07:22am
KE quizzed by Nepra for its cost-reflective tariff demand ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Tuesday quizzed K-Electric’s top management for... Updated 03 May, 2023 08:48am
Govt-PTI talks end in stalemate ISLAMABAD: The third and final round of political dialogue between the federal government and Pakistan... Updated 03 May, 2023 08:50am
SC summer vacations ISLAMABAD: The Supreme Court will remain closed from June 15 until September 10 on account of summer vacations. A... Published 03 May, 2023 06:35am
Elahi allowed protective bail by LHC LAHORE: The Lahore High Court (LHC) on Tuesday allowed protective bail to President Pakistan Tehrik-e-Insaf (PTI) ... Published 03 May, 2023 06:35am
Stashed money allegations: Umar sends legal notice to JI chief ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) secretary general Asad Umar on Tuesday sent Jamaat-e-Islami chief Sirajul... Published 03 May, 2023 06:35am
Letters The optics are good even though the substance is bad This is apropos a Business Recorder news item “PM seeks to jolt DMAs out of complacency” carried by the ... Published 03 May, 2023 06:35am
ECC approves Rs450m for operational requirements of ICT police ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs 450 million for operational... Published 03 May, 2023 06:35am
DHA City Karachi launches Fairwinds Signature Golf Course and Country Club KARACHI: DHA City Karachi launched The Fairwinds Signature Golf Course and Country Club, a flagship project that is... Published 03 May, 2023 06:35am
Sindh assembly must complete its term: resolution adopted KARACHI: Provincial legislators here on Tuesday voted to pass a resolution seeking a five-year completion term for... Published 03 May, 2023 06:35am
Infrastructure financing gap On the 14th of March 2023, InfraZamin Pakistan hosted the country’s first-ever summit on infrastructure titled... Published 03 May, 2023 06:35am
Demystifying CSR Corporate fads come and go. Some stay, gain traction, and become mainstream. Consultants make a lot of money. Other... Published 03 May, 2023 06:35am
Four die, two injured in rain-related incidents: PDMA PESHAWAR: Four people died and two other injured in the rain-related incidents in Khyber Pakhtunkhwa during the... Published 03 May, 2023 06:35am
An aide to PM emphasises importance of press freedom in digital age KARACHI: Minister of State/ Special Assistant to the Prime Minister of Pakistan for Public Communication and Digital... Published 03 May, 2023 06:35am
Monkeypox threat: People asked to adopt precautionary measures LAHORE: In the wake of threat of monkeypox, the health professionals have advised the people to remain vigilant and... Published 03 May, 2023 06:35am
Registration of volunteers: programme launched in Punjab LAHORE: The Punjab local government department on Tuesday launched a programme for registration of volunteers in... Published 03 May, 2023 06:35am
121 cases: LHC directs IK to join investigations LAHORE: The Lahore High Court on Tuesday directed Chairman Pakistan Tehrik-e-Insaf (PTI) and former Prime Minister... Published 03 May, 2023 06:35am
PM chairs consultative meeting Islamabad: Prime Minster Shehbaz Sharif on Tuesday chaired a consultative meeting with Pakistan Muslim League-Nawaz... Published 03 May, 2023 06:35am
Bhutto’s ‘judicial murder’, disqualification of Nawaz, Gilani: Judiciary should be made ‘accountable’, Asif tells NA ISLAMABAD: Defence Minister Khawaja Asif on Tuesday said that the judiciary should be made ‘accountable’ for... Published 03 May, 2023 06:35am
NA cannot be dissolved to ‘appease’ IK: SAPM ISLAMABAD: Special Assistant to the Prime Minister (SAPM), Malik Muhammad Ahmad Khan, on Tuesday said that courts... Published 03 May, 2023 06:35am
Amendments to NAB law case: PTI’s Fawad ‘explains’ why Zardari, Maryam ‘targeting’ SC judges ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry on Tuesday said that Asif Ali Zardari and Maryam... Published 03 May, 2023 06:35am
Holding elections responsibility of ECP not PML-N’s: Khaqan ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) senior leader and ex-premier Shahid Khaqan Abbasi on Tuesday said... Published 03 May, 2023 06:35am
Pakistan completes evacuations from battle-hit Sudan ISLAMABAD: The evacuation of Pakistanis out of crisis-hit Sudan ended on Tuesday with more than 1,000 nationals ... Published 03 May, 2023 06:35am
Zardari meets Fazl ISLAMABAD: Pakistan People’s Party (PPP) co-chairman Asif Ali Zardari visited Pakistan Democratic Movement (PDM)... Published 03 May, 2023 06:35am
‘UK newspaper’s report about Pakistan bankrupting very worrying’ KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum... Published 03 May, 2023 06:35am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on ... Published 03 May, 2023 06:35am
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 03 May, 2023 06:35am
Rates PSX ends on positive note KARACHI: Pakistan Stock Exchange on Tuesday witnessed a bullish trend and closed on strong positive note with ... Published 03 May, 2023 06:35am
Energy VLSFO cash premium spikes to 11-week highs SINGAPORE: Asia’s cash premium for very-low sulphur fuel oil (VLSFO) jumped to 11-week highs on Tuesday, as... Published 03 May, 2023 06:35am
Energy Asia Distillates: Gasoil refining margins rise on weaker crude prices SINGAPORE: Asia’s 10ppm sulphur gasoil and jet fuel margins rose on Tuesday, supported by weaker crude prices and... Published 03 May, 2023 06:35am
Energy Asia’s naphtha falls on weak demand, gasoline steady NEW DELHI: Asia’s naphtha markets declined on the first trading day of May amid thin trading due to public ... Published 03 May, 2023 06:35am
Energy US natgas futures drop on record output NEW YORK: US natural gas futures fell about 4% on Monday on record output and forecasts for milder weather and less... Published 03 May, 2023 06:35am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 219,969 tonnes of cargo comprising 139,947 tonnes of import cargo and 80,022... Published 03 May, 2023 06:35am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday (May 02, 2023)... Published 03 May, 2023 06:35am
Cotton & Textile Cotton market steady amid low trading volume LAHORE: The local cotton market on Tuesday remained steady and the trading volume remained low. Cotton Analyst... Published 03 May, 2023 06:35am
Stocks London stocks kick off May on jitters; HSBC shines LONDON: London’s FTSE 100 reversed early gains to end Tuesday lower as a slump in energy firms outweighed strong... Published 03 May, 2023 06:35am
Stocks HK shares edge higher as HSBC earnings beat HONG KONG: Hong Kong stocks were marginally up on Tuesday as HSBC soared after reporting a tripling in quarterly... Published 03 May, 2023 06:35am
Stocks European shares close at one-month low as oil stocks slide PARIS: Europe’s STOXX 600 index closed at its lowest level in nearly a month on Tuesday at the beginning of a... Published 03 May, 2023 06:35am
Stocks Banks, energy stocks lead Wall St slide ahead of Fed meeting NEW YORK: US stock indexes tumbled on Tuesday, led by banks and energy shares, as investors fretted about the impact... Published 03 May, 2023 06:35am
Energy OGRA allows hike in LPG cylinder’s price ISLAMABAD: On Tuesday, the Oil and Gas Regulatory Authority (OGRA) allowed a significant raise in the LPG domestic... Published 03 May, 2023 06:35am
Rates LME official prices LONDON: The following were Monday official prices. ========================================= ALUMINIUM... Published 03 May, 2023 06:35am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (May 02, 2023)... Published 03 May, 2023 06:35am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Tuesday (May 02, 2023). ======================================= Offset ... Published 03 May, 2023 06:35am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (May 02, 2023).... Published 03 May, 2023 06:35am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Tuesday (May 02, 2023). ======================== Open Bid Rs... Published 03 May, 2023 06:35am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (May 02, 2023).... Published 03 May, 2023 06:35am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Tuesday (May 02, 2023).... Published 03 May, 2023 06:35am
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 03 May, 2023 06:35am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Tuesday (May 02, 2023).... Published 03 May, 2023 06:35am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (May 02, 2023). ==================================== BR... Published 03 May, 2023 06:35am
Rates BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 03 May, 2023 06:35am
Rates Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 03 May, 2023 06:35am
Rates JLI TAKAFUL INCOME FUND KARACHI: JLI Takaful Income Fund Rates on Tuesday (May 02, 2023). ======================== Offer Price 602.4393... Published 03 May, 2023 06:35am
Rates JLI TAKAFUL BALANCE FUND KARACHI: JLI Takaful Balance Fund Rates on Tuesday (May 02, 2023). ======================== Offer Price ... Published 03 May, 2023 06:35am
Rates JLI CAPITAL GROWTH TAKAFUL FUND KARACHI: JLI Capital Growth Takaful Fund Rates on Tuesday (May 02, 2023). ======================== Offer Price... Published 03 May, 2023 06:35am
Rates JLI MANAGED TAKAFUL FUND KARACHI: JLI Managed Takaful Fund Rates on Tuesday (May 02, 2023). ======================== Offer Price ... Published 03 May, 2023 06:35am
Rates JLI YAQEEN GROWTH FUND RATES KARACHI: JLI Yaqeen Growth Fund Rates on Tuesday (May 02, 2023). ======================== Offer Price 1,763.8573... Published 03 May, 2023 06:35am
Rates JLI MEESEQ Fund Rates KARACHI: JLI Meeseq Fund Rates on Tuesday (May 02, 2023). ======================== Offer Price 1,305.2370 Bid... Published 03 May, 2023 06:35am
Rates JLI Capital Growth Fund Rates KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (May 02, 2023). ======================== Offer... Published 03 May, 2023 06:35am
Rates JLI Managed Growth Fund Rates KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (May 02, 2023). ======================== Offer... Published 03 May, 2023 06:35am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Tuesday (May 02, 2023). ========================== KIBOR... Published 03 May, 2023 06:35am
Rates LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Tuesday (May 02, 2023).... Published 03 May, 2023 06:35am
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 03 May, 2023 06:35am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (May 02,... Published 03 May, 2023 06:35am
July-April FY23: Trade deficit declines 39.62pc to $23.71bn YoY Country’s exports during July-April (2022-23) were recorded at $ 23.174 billion against the exports of $ 26.247 billion in July-April of 2021-22 Updated 03 May, 2023 12:01pm
Chinese FM to arrive on 5th ISLAMABAD: Chinese Foreign Minister Qin Gang will visit Pakistan from May 5-6 for holding crucial talks with... Updated 03 May, 2023 08:51am
Economy: ADB chief vows continuous support SEOUL: Acknowledging quick stabilization measures taken by Pakistan to put the national economy back on track, Asian... Published 03 May, 2023 06:35am
Human Capital Index: Pakistan’s value lower than South Asia’s average: World Bank ISLAMABAD: Pakistan’s Human Capital Index (HCI) value of 0.41 is lower than the South Asia average of 0.48, and... Updated 03 May, 2023 08:50am
Terms for test Russian oil cargo under discussion ISLAMABAD: The terms of the draft commercial contract for the test oil cargo from Russia are under discussion... Updated 03 May, 2023 08:50am
Flour millers give strike call KARACHI: Flour millers have announced a strike for an indefinite period from today (Wednesday) due to the non-supply... Updated 03 May, 2023 08:49am
Food pushes inflation to record 36.4pc in April ISLAMABAD: The Consumer Price Index (CPI)-based inflation increased to 36.4 per cent on a year-on-year basis in ... Published 03 May, 2023 06:35am
Punjab polls: ECP for ensuring uninterrupted power supply on 14th ISLAMABAD: The Election Commission of Pakistan (ECP) has directed Power Division to ensure un-interrupted... Updated 03 May, 2023 08:46am
SC seeks record of five NA sessions ISLAMABAD: The Registrar’s Office Supreme Court has written a letter to the National Assembly Speaker, Raja Pervaiz... Updated 03 May, 2023 08:47am
Oil slumps 5pc to five-week low amid US debt default fears NEW YORK: Oil prices sank about 5% to a five-week low on Tuesday on concerns about the economy as US politicians... Published 03 May, 2023 06:35am
Energy, water, climate change: ‘Spy agency’ wants to join talks with US ISLAMABAD: The country’s premier Intelligence Agency has urged Ministry of Climate Change and Power Division to also... Updated 03 May, 2023 08:46am
BankIslami emerging as a stronger bank: President/CEO KARACHI: “BankIslami has overcome from the difficult period and now it is emerging as a stronger bank in the... Published 03 May, 2023 06:35am
Lucky Cement announces second buy-back of 23.8m of its own shares KARACHI: Following the successful completion of the first buy-back of 10.0 million shares, Lucky Cement Limited has... Published 03 May, 2023 06:35am
PM for tightening noose around wheat, urea smugglers ISLAMABAD: Prime Minister Shehbaz Sharif has directed that the mill owners, dealers and warehouse owners involved in... Published 03 May, 2023 06:35am
Commodities ICE canola futures up WINNIPEG, (Manitoba): ICE canola futures edged higher on Monday after first touching a fresh nearly two-year low,... Published 03 May, 2023 06:35am
Commodities EU 2022/23 soft wheat exports up PARIS: Soft wheat exports from the European Union in the 2022/23 season that started in July had reached 25.67... Published 03 May, 2023 06:35am
Commodities PMEX daily trading report KARACHI: On Monday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 23.944 ... Published 03 May, 2023 06:35am
Commodities Japanese rubber futures gain SINGAPORE: Japanese rubber futures edged higher for a third session on Tuesday, closing at its highest since April ... Published 03 May, 2023 06:35am
Commodities Copper retreats from one-week high LONDON: Copper hit a one-week high on Tuesday as speculators followed short-term bullish signals, but later pulled... Published 03 May, 2023 06:35am
Commodities Gold advances on fresh banking jitters NEW YORK: Gold extended gains on Tuesday and was on track for its biggest daily rise in a month, as yields dropped ... Published 03 May, 2023 06:35am
Commodities Palm oil jumps, snaps six-session losing streak KUALA LUMPUR: Malaysian palm oil futures extended early gains on Tuesday, recouping losses from last week after the... Published 03 May, 2023 06:35am