Promotion matters of govt officials: Special cell at CM’s office established LAHORE: Caretaker Chief Minister Punjab Mohsin Naqvi in his recent tweet message on the famous social website ... Published 08 May, 2023 07:40am
PM, First Minister of Scotland agree to strengthen ties in diverse areas LONDON: First Minister of Scotland, Humza Yousaf called on Prime Minister Muhammad Shehbaz Sharif here on Sunday.... Published 08 May, 2023 07:37am
SSUET holds torch relay ceremony for national games KARACHI: Sir Syed University of Engineering & Technology (SSUET) organized a Torch Relay Ceremony for the 34th... Published 08 May, 2023 07:30am
N-50 section blocked by landslide near Dhanasar reopened ISLAMABAD: National Highway Authority (NHA) on Sunday reopened the Zhob- Dhanasar section of Dera Ismail Khan- ... Published 08 May, 2023 07:25am
Economic slowdown is not in favour of economy: PDP KARACHI: Pasban Democratic Party (PDP) Altaf Shakoor here Sunday said that the slow pace of economy is not in favour... Published 08 May, 2023 07:21am
Sindh govt working on ‘self-reliance’ projects, says Sharjeel KARACHI: Sindh Minister for Information Sharjeel Inam Memon has said that the provincial government was working on... Published 08 May, 2023 07:18am
Balochistan districts: Setting up of e-facilitation centres approved QUETTA: Chief Minister Balochistan Abdul Quddus Bizenjo has approved the establishment of e-facilitation centers in... Published 08 May, 2023 07:17am
Earthquake jolts Khuzdar, adjoining areas QUETTA: Khuzdar and the surrounding areas were jolted by an earthquake on Sunday, but fortunately, no casualties or... Published 08 May, 2023 07:15am
PML-N formally launches its election campaign: Rana FAISALABAD: Federal Interior Minister Rana Sana Ullah Khan said that Pakistan Muslim League-Nawaz (PML-N) has... Published 08 May, 2023 07:14am
Beaconhouse launches Pakistan’s first incubator SparkTank for students LAHORE: Beaconhouse Pakistan has launched the country’s first business incubator for students aged 10-19 years.... Published 08 May, 2023 07:13am
PM’s interest brings new life to Gwadar projects ISLAMABAD: Soon after assuming office, Prime Minister Shehbaz Sharif took keen interest in the development of Gwadar... Published 08 May, 2023 07:11am
‘World Immunization Week’ 2023: Speakers highlight importance of vaccination PESHAWAR: Speakers at the seminar have highlighted the importance of vaccination and the efforts made by various... Published 08 May, 2023 07:09am
Gold mine fire in Peru kills 27 LIMA: A fire in a small gold mine in southern Peru has left 27 people dead, authorities said on Sunday, in the... Published 08 May, 2023 07:08am
UN aid chief in Saudi Arabia for Sudan talks as fighting flares KHARTOUM: The UN’s top humanitarian official arrived in Saudi Arabia Sunday for ceasefire talks between Sudan’s... Published 08 May, 2023 07:02am
AL readmits Syria as relations with Assad normalize CAIRO: The Arab League readmitted Syria after more than a decade of suspension on Sunday, consolidating a regional... Published 08 May, 2023 06:40am
7 killed as motorist strikes people outside Texas migrant centre BROWNSVILLE, (United States): Seven people died and as many as six others were injured Sunday in Texas when a driver... Published 08 May, 2023 06:40am
Farmers urged to take preventive steps during wheat cultivation RAWALPINDI: Rescue 1122 Rawalpindi has advised the farmers to take all possible necessary preventive steps to avoid... Published 08 May, 2023 06:40am
Railways upgrades 167 un-manned crossings in a year ISLAMABAD: Pakistan Railways has upgraded as many as 167 vulnerable un-manned level crossings to manned level... Published 08 May, 2023 06:40am
APHC lauds Bilawal’s bold remarks on Kashmir ISLAMABAD: Senior leader All Parties Hurriyat Conference, Altaf Hussain Wani has appreciated Foreign Minister ... Published 08 May, 2023 06:40am
Four-point resolution passed: Urgent steps urged to counter violence against journalists in Sindh KARACHI: Media and its stakeholders in Sindh have demanded a set of urgent initiatives to fast track the countering... Published 08 May, 2023 06:40am
IK responsible for creating ‘culture of intolerance’, says Ahsan ISLAMABAD: Minister for Planning and Development Prof Ahsan Iqbal said PTI Chairman Imran Khan Niazi not only ... Published 08 May, 2023 06:40am
IK irked by resumption of work on CPEC, claims Marriyum ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb has said that Imran Khan is responsible for... Published 08 May, 2023 06:40am
Pakistan, China to work for peaceful, stable Afghanistan: PM ISLAMABAD: Prime Minister Shehbaz Sharif Sunday said the 5th Trilateral Foreign Ministers’ Dialogue held in... Published 08 May, 2023 06:40am
Three killed in separate incidents of violence SWABI: Three people were killed in separate incidents of violence occurred here on Sunday, police said. In the ... Published 08 May, 2023 06:40am
KMU launches ‘first design thinking’ training for MBBS students PESHAWAR: Khyber Medical University Institute of Medical Sciences (KMU-IMS) Kohat organized Pakistan’s first ... Published 08 May, 2023 06:40am
Modi, Godi media and media freedoms EDITORIAL: In its latest report the Paris-based media watchdog, Reporters Without Borders (RWB), spotlights the new... Published 08 May, 2023 06:40am
Banks, not savers, get paydays from deposits? EDITORIAL: In a rising interest rate environment, some commercial banks have been trying to forcefully convert the... Published 08 May, 2023 06:40am
Europe UK marks coronation with street parties and a concert LONDON: Tens of thousands of street parties were planned on Sunday as Britain celebrated the coronation of King... Published 08 May, 2023 06:40am
South Asia 23,000 flee violence in northeast India, army says IMPHAL (India): Some 23,000 people have fled ethnic violence in northeast India that has reportedly killed at least... Published 08 May, 2023 06:40am
Middle East Israel demolishes Palestinian school, drawing EU rebuke JABBET AL-DHIB: Israeli forces on Sunday demolished a Palestinian primary school in the occupied West Bank citing... Published 08 May, 2023 06:40am
South Asia Taking the high road: India infrastructure drive counters China ZEMITHANG (India): Freshly laid roads, bridges, upgraded military camps, and new civilian infrastructure dot the... Published 08 May, 2023 06:40am
Europe Russia’s Wagner group appears to do U-turn on Bakhmut withdrawal MOSCOW: Russia’s Wagner mercenary group appeared on Sunday to ditch plans to withdraw from Bakhmut in eastern... Published 08 May, 2023 06:40am
PFA confiscates ‘substandard’ 12,500 empty bottles of carbonated drinks LAHORE: The Punjab Food Authority (PFA) has confiscated 12,500 empty bottles of carbonated drinks manufactured with... Published 08 May, 2023 06:40am
10-member Italian delegation due this month LAHORE: A high level 10-member Italian and Pakistani businessmen delegation will visit Pakistan in last week of May... Published 08 May, 2023 06:40am
EIA report on private housing scheme: EPA to hold public hearing ISLAMABAD: The Pakistan Environmental Protection Agency (Pak-EPA) will hold the public hearing of the environmental... Published 08 May, 2023 06:40am
Three killed as van plunges into drain ISLAMABAD: Three people were killed and 15 injured when a van plunged into a drain in the hilly area of Kabal... Published 08 May, 2023 06:40am
The Weather KARACHI: The weather report on Sunday (May 07, 2023) and the forecast for Monday (May 08, 2023).... Published 08 May, 2023 06:40am
CJP explains how judgements have moral authority LAHORE: Chief Justice of Pakistan (CJP) Umar Ata Bandial said that the judges could not blink their eyes if the... Updated 08 May, 2023 09:01am
Rates PSX witnesses bullish trend KARACHI: Pakistan Stock Exchange (PSX) witnessed a bullish trend during the outgoing week ended on May 05, 2023 on... Published 08 May, 2023 06:40am
Rates Futures spread down 13.l5pc KARACHI: The futures spread declined by 1589bps to 13.50 percent on the last day of the outgoing week. Trading... Published 08 May, 2023 06:40am
Yellen warns of ‘chaos’ if US fails to raise debt ceiling WASHINGTON: US Treasury Secretary Janet Yellen warned Sunday that unless Congress acts soon to raise the nation’s... Updated 08 May, 2023 09:00am
Dividends to shareholders: PSBA approaches SECP against listed companies ISLAMABAD: Pakistan Stock Brokers Association (PSBA) has approached the Securities and Exchange Commission of... Updated 08 May, 2023 09:05am
FO censures Indian propaganda against Bilawal ISLAMABAD: Pakistan has slammed Indian attempts to distort remarks by Foreign Minister Bilawal Bhutto Zardari during... Updated 08 May, 2023 09:00am
MPD&SI proposes changes in NEP ISLAMABAD: Ministry of Planning, Development and Special Initiatives (MPD&SI) has proposed several changes in... Updated 08 May, 2023 09:05am
FBR needs to work harder to help country sustain its ‘off grey list’ status ISLAMABAD: The Federal Board of Revenue (FBR) is required to enhance its efforts to effectively deal with the cases... Updated 08 May, 2023 09:03am
Sale of smuggled Iranian diesel causing huge revenue loss KARACHI: Iranian smuggled diesel has replaced 40pc of Pakistan’s domestic diesel consumption, causing unprecedented... Updated 08 May, 2023 09:03am
2 solar projects in Punjab: NPCC suggests impact, facility assessment studies ISLAMABAD: National Power Control Centre (NPCC), the System Operator (SO), has proposed system impact assessment... Updated 08 May, 2023 09:02am
Rates PKR registers 0.08pc appreciation KARACHI: The rupee posted a marginal appreciation of 0.08% against the US dollar during the previous week, ... Published 08 May, 2023 06:40am
Cold wave re-emerges after week-long downpour in Hazara division ABBOTTABAD: A new cold wave emerged in the upper parts of the Hazara division after a week-long continuous heavy... Published 08 May, 2023 06:40am
Chilam Josh Festival to begin on 13th in three Kalash valleys PESHAWAR: The four-day Chilam Josh Festival will be held in three Kalash valleys, including Bumburet, Birir and... Published 08 May, 2023 06:40am
Govt committed to providing equal opportunities to all Pakistanis: governor LAHORE: Governor Punjab Muhammad Balighur Rehman said on Sunday that the government under the leadership of the ... Published 08 May, 2023 06:40am
JI wins 6 UC seats, PPP bags 5 in Karachi KARACHI: Jamaat-e-Islami (JI) took a leading position in the by-election on 11 union council seats in Karachi on... Published 08 May, 2023 06:40am
No grounds for contempt of court: SAPM ISLAMABAD: Special Assistant to the Prime Minister (SAPM) Attaullah Tarar on Sunday said that there were no grounds... Published 08 May, 2023 06:40am
Gandapur says will defeat Fazl again DI KHAN: Pakistan Tehreek-e-Insaf (PTI) leader Ali Amin Gandapur said on Sunday that he had defeated Jamiat... Published 08 May, 2023 06:40am
Terrorism: Pakistan, Afghanistan agree to bolster coordination ISLAMABAD: The Foreign Ministers of Pakistan and Afghanistan on Sunday reaffirmed their desire to pursue continuous... Published 08 May, 2023 06:40am
Zardari condemns allegations against army officers ISLAMABAD: This is the country where we all have to be buried; we will not allow one person to play with our values... Published 08 May, 2023 06:40am
Companies Majid Al Futtaim expands retail footprint in Pakistan ISLAMABAD: Majid Al Futtaim – the leading shopping mall, communities, retail and leisure pioneer across the Middle... Updated 12 May, 2023 10:20pm
PPP leaders vow to strengthen party’s position in Peshawar PESHAWAR: Pakistan People’s Party (PPP) Khyber Pakhtunkhwa chapter commemorated 16th death anniversary of the ... Published 08 May, 2023 06:40am
Mushaal urges G20 to boycott Srinagar moot ISLAMABAD: Chairperson Peace and Culture Organization Mushaal Hussein Mullick on Sunday urged the G20 countries to... Published 08 May, 2023 06:40am
Energy Dastgir satisfied with performance of Fesco FAISALABAD: Federal Minister for Energy Khurram Dastgir has said that Faisalabad Electric Supply Company Fesco’s... Published 08 May, 2023 06:40am
Cotton & Textile Weekly Cotton Review: Rate stable amid low business volumes KARACHI: Stability in cotton prices was seen in previous week amid low business volume. There was a bullish trend in... Published 08 May, 2023 06:40am
The budget 2023-24 The government’s negotiators are citing the pending International Monetary Fund (IMF) ninth review as well as the... Published 08 May, 2023 06:40am
Interest rates: no more room for tightening Interest rates in Pakistan are almost at historic highs and still the country is running negative real rates on both... Published 08 May, 2023 06:40am
Letters ‘Economic projections’ This is apropos a Business Recorder op-ed ‘Economic projections’ carried by the newspaper recently. That noted... Published 08 May, 2023 06:40am
Commodities Rates of edibles soar in Peshawar PESHAWAR: Prices of daily-use kitchen items, especially flour, live chicken/ meat, sugar, vegetables and pulses have... Published 08 May, 2023 06:40am
Stocks HK stocks end higher, mainland China’s drop SHANGHAI: Hong Kong stocks finished higher on Friday after data showed China’s services activity grew for a fourth... Published 08 May, 2023 06:40am
Stocks European shares rise as energy firms, HSBC boost PARIS: European shares ended Friday on solid ground aided by a boost in shares of HSBC and from energy firms that... Published 08 May, 2023 06:40am
Commodities Jobs data staunches copper’s losses LONDON: Copper prices rose on Friday after strong US jobs data brightened the near-term economic outlook, but the... Published 08 May, 2023 06:40am
Commodities Gold slides on US jobs growth as Fed-led rally fizzles NEW YORK: Gold beat a fast retreat on Friday after stronger-than-expected US payrolls data tempered expectations of... Published 08 May, 2023 06:40am
Commodities Palm oil posts weekly gain on stronger rival oils JAKARTA: Malaysian palm oil futures edged up for the week on Friday as it rose for three straight sessions, ... Published 08 May, 2023 06:40am
Stocks Wall St ends up sharply with Apple; jobs data suggests strength NEW YORK: US stocks closed sharply higher on Friday, with shares of Apple Inc rallying after upbeat results, while ... Published 08 May, 2023 06:40am
Stocks Wall Street Week Ahead: US consumer price data to test feared stagflation scenario NEW YORK: Fears of stagflation are percolating on Wall Street, as investors await data that could shed light on... Published 08 May, 2023 06:40am
Cotton & Textile Punjab govt takes major step to increase cotton production LAHORE: The Punjab government became proactive to increase the production of cotton in the province. On the ... Published 08 May, 2023 06:40am
Rates Automart: car prices in Karachi Rates in the week ended Sunday May 07, 2023 Published 08 May, 2023 06:40am
Rates YOUR RUPEE LAST MONTH KARACHI: Following currency fluctuations took place in foreign exchange rates during the last month (April 3 to 28,... Published 08 May, 2023 06:40am
Rates Your rupee last week KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (May 2 to 5,... Published 08 May, 2023 06:40am
BoI seeks to cut red tape to woo global investors The Board of Investment in consultation with the World Bank Group drafts a Zero Time to Start Policy aimed at facilitating investment in country Updated 08 May, 2023 08:59am
Qin, COAS discuss CPEC, other matters ISLAMABAD: Chief of Army Staff (COAS) General Asim Munir and Chinese State Councillor and Foreign Minister Qin Gang... Updated 08 May, 2023 09:04am
Army chief, Afghan FM discuss security issues RAWALPINDI: Chief of Army Staff (COAS) General Asim Munir and Afghan Acting Foreign Minister Amir Khan Muttaqi... Updated 08 May, 2023 09:05am
Taxes Taxpayers urged to make on-time payments PESHAWAR: Chief Commissioner Inland Revenue, Regional Tax Office (RTO) Peshawar, Zafar Iqbal Khan has urged ... Published 08 May, 2023 06:40am
Int’l carpet exhibition to be held in Oct LAHORE: The Pakistan Carpet Manufacturers and Exporters Association (PCMEA) has decided to hold the 39th World... Updated 08 May, 2023 09:01am
Taxes Preferential trade with Turkiye: Exporters urged to explore new opportunities LAHORE: The Coordinator to Federal Tax Ombudsman Meher Kashif Younis urged Pak exporters for fully exploring the... Published 08 May, 2023 06:40am
Chief Collector Customs briefed about impediments to Pak-Afghan trade PESHAWAR: A delegation of businessmen met newly-appointed Chief Collector Customs, Fayyaz Anwar and apprised him... Published 08 May, 2023 06:40am
Industry Pakistan needs fundamental change in approach to economic development: SAARC ISLAMABAD: President South Asian Association of Regional Cooperation (SAARC) Chamber of Commerce and Industry,... Published 08 May, 2023 06:40am
Industry Construction of houses: Govt urged to give easy instalment loans HYDERABAD: President of Hyderabad Chamber of Small Traders and Small Industry (HCSTSI) Muhammad Farooq Shaikhani ... Published 08 May, 2023 06:40am
Canadian trade delegation meets TDAP officials KARACHI: An eight-member trade delegation from Brampton City, Canada visited TDAP, Karachi on 5th May, headed by... Published 08 May, 2023 06:40am
Industry Replacing old farming practices with advanced technologies needed: PFVA PESHAWAR: Patron in Chief Pakistan Fruits and Vegetable Association (PFVA) Waheed Ahmad has stressed to replace... Published 08 May, 2023 06:40am
Saudi Arabia economy grew 3.9pc in Q1 DUBAI: Saudi Arabia’s economy grew by 3.9% year-on-year in the first quarter of 2023, according to initial... Published 08 May, 2023 06:40am
HK reports Q1 GDP growth after 2022 contraction HONG KONG: Hong Kong’s economy grew in the first quarter of 2023, the city’s leader said Tuesday, ending a... Published 08 May, 2023 06:40am
India, Russia suspend negotiations to settle trade in rupees NEW DELHI/MUMBAI: India and Russia have suspended efforts to settle bilateral trade in rupees, after months of... Published 08 May, 2023 06:40am
Republican debt-limit plan would cut US jobs, slow growth, economist tells Senate panel WASHINGTON: A Republican plan to cut federal spending in exchange for lifting the US government’s debt ceiling... Published 08 May, 2023 06:40am
Europe must boost chip production amid Asia risks: EU chief DRESDEN: Europe must boost mass production of vital semiconductors due to worsening geopolitical risks in Asian... Published 08 May, 2023 06:40am
Money & Banking Dollar dips against euro NEW YORK: The dollar gave back earlier gains against the euro but stayed stronger against the yen on Friday after... Published 08 May, 2023 06:40am
Companies Warburg and Advent in the lead to acquire Baxter’s biopharma unit NEW YORK: A private equity consortium comprising Warburg Pincus and Advent International is in advanced talks to... Published 08 May, 2023 06:40am
Companies Adidas posts loss as Kanye West split ‘hurts’ business FRANKFURT: German sportswear giant Adidas reported on Friday a hefty first-quarter loss, acknowledging its split ... Published 08 May, 2023 06:40am
Companies Shopify to lay off 20pc of workforce TORONTO: Canada’s Shopify Inc said on Thursday it would let go 20% of its workforce in a second round of layoffs... Published 08 May, 2023 06:40am
Companies HSBC defeats proposal to split bank LONDON: HSBC on Friday comfortably defeated an activist proposal supported by its largest stakeholder, the Chinese... Published 08 May, 2023 06:40am
Companies HSBC profit rockets on rising interest rates LONDON: Global banking giant HSBC reported Tuesday a surge in quarterly net profit, boosted by rising interest rates... Published 08 May, 2023 06:40am
Companies ‘Bring it on’: Emirates airline boss welcomes Saudi competition DUBAI: The UAE’s Emirates airline does not feel threatened by ambitious expansion plans in neighbouring Saudi... Published 08 May, 2023 06:40am
Companies Lufthansa expects summer boom as Q1 net loss narrows FRANKFURT: German airline Lufthansa said Wednesday it had reduced its net loss for the first quarter, as pent-up... Published 08 May, 2023 06:40am