PM reaffirms commitment to UN SDGs ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Monday said that Pakistan was keen to expand its cooperation... Published 11 Jul, 2023 06:08am
SC returns IPP leader’s plea seeking ban on PTI ISLAMABAD: The registrar Supreme Court on Monday raised objections and returned Istehkam-e-Pakistan Party (IPP)... Published 11 Jul, 2023 06:08am
Contempt plea filed against two SC judges ISLAMABAD: A contempt petition has been filed in the Supreme Court against Justice Qazi Faez Isa and Justice Sardar... Published 11 Jul, 2023 06:08am
President administers oath ISLAMABAD: President Dr Arif Alvi on Monday administered oath to Dr Syed Muhammad Anwar as Alim Judge of the Federal... Published 11 Jul, 2023 06:08am
Kurram district: Nine killed over land dispute ISLAMABAD: Still pending land dispute led to armed conflict between rival tribes in several areas of Kurram ... Published 11 Jul, 2023 06:08am
Toshakhana case: Court says complaint was filed by ‘authorised person’ ISLAMABAD: The district and sessions court on Monday ruled that a duly authorised person filed the complaint in... Published 11 Jul, 2023 06:08am
Flood Protection Sector Project-III: ECNEC forms inter-provincial steering body for monitoring ISLAMABAD: The Executive Committee of National Economic Council (ECNEC) has constituted inter-provincial Steering... Published 11 Jul, 2023 06:08am
Maulana Fazl calls on PM ISLAMABAD: Amir of Jammiat-e-Ulema Islam (JUI-F) Maulana Fazlur Rehman on Monday called on Prime Minister Muhammad... Published 11 Jul, 2023 06:08am
Sindh assembly may elect new opposition leader tomorrow KARACHI: The Sindh Assembly is expected to choose a new leader of the opposition on July 12, 2023 for a consultation... Published 11 Jul, 2023 06:08am
PTI chief’s interim bail extended in different cases ISLAMABAD: The Anti-Terrorism Court (ATC) on Monday extended the interim bail of Pakistan Tehreek-e-Insaf (PTI)... Published 11 Jul, 2023 06:08am
CDA holds public hearing on ecosystem restoration, elimination of wild mulberry ISLAMABAD: The Capital Development Authority (CDA), on Monday, organised an important public hearing regarding the... Published 11 Jul, 2023 06:08am
Stocks Wall St kicks off week higher ahead of inflation numbers NEW YORK: Wall Street’s main indexes rose on Monday, recovering losses from last week, as investors looked ahead ... Published 11 Jul, 2023 06:08am
Stocks Alibaba, Tencent shares rise as investors bet China’s tech crackdown is over HONG KONG: Alibaba Group and Tencent shares rose in Hong Kong on Monday after China’s $984 million fine against ... Published 11 Jul, 2023 06:08am
Stocks European stocks start week on steady footing PARIS: European shares inched higher on Monday with the travel & leisure sector leading gains, helping to limit... Published 11 Jul, 2023 06:08am
World Population Day: A call to action for sustainable future A population that rises like a river will flood our planet with problems. This unprecedented growth threatens our... Published 11 Jul, 2023 06:08am
Heat index expected to be higher: PMD LAHORE: The heat index (feel like temperature/apparent temperature) is expected to be higher than normal in major... Published 11 Jul, 2023 06:08am
Suleman Shehbaz acquitted in money laundering case LAHORE: A special court on Monday acquitted Suleman Shehbaz and other accused in money laundering case. Special... Published 11 Jul, 2023 06:08am
German envoy, Aleem Khan discuss political situation LAHORE: German Ambassador in Pakistan Alfred Grannas called on President Istehkam Pakistan Party (IPP) Abdul Aleem... Published 11 Jul, 2023 06:08am
Police & peace committee collaborate to ensure peaceful Muharram LAHORE: In an effort to maintain peace and tranquillity during the sacred month of Muharram, Punjab police and the... Published 11 Jul, 2023 06:08am
Two Lesco employees suspended LAHORE: Chie Executive Officer (CEO) Lahore Electric Supply Company (Lesco) Eng Shahid Haider has suspended two... Published 11 Jul, 2023 06:08am
PARTLY FACETIOUS: IMF’s rare contact “Okaaay.” “What brought on that long drawn out sigh?” “The International Monetary Fund (IMF) contacted all... Updated 11 Jul, 2023 07:29am
CM says flood situation under control in Punjab LAHORE: The caretaker Chief Minister Punjab, Mohsin Naqvi, shared an update on the flood situation through a tweet... Published 11 Jul, 2023 06:08am
The ebb of external inflows The Ministry of Economic Affairs has released the statement of May 2023 on Disbursement of Foreign Economic... Updated 11 Jul, 2023 06:37am
Strategic miscalculations regarding TTP Given the political and economic instability and uncertainty afflicting Pakistan, it is all too easy to forget the... Updated 11 Jul, 2023 06:40am
Letters A ‘charter of economy’ This is apropos a Business Recorder op-ed carried by the newspaper on Saturday. The writer, Farhat Ali, has ... Published 11 Jul, 2023 06:08am
Governor inaugurates Sindh IT Gate KARACHI: Sindh Governor Mohammed Kamran Khan Tessori inaugurated the Sindh IT Gate here on Monday. While talking to... Published 11 Jul, 2023 06:08am
Nasir Shah inaugurates project for beautification of Shahrah-e-Faisal KARACHI: Sindh Local Government Minister Syed Nasir Hussain Shah, on Monday, along with Mayor Karachi Murtaza Wahab... Published 11 Jul, 2023 06:08am
The Weather KARACHI: The weather report on Monday (July 10, 2023) and the forecast for Tuesday (July 11, 2023)... Published 11 Jul, 2023 06:08am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on Monday... Published 11 Jul, 2023 06:08am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 11 Jul, 2023 06:08am
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 11 Jul, 2023 06:08am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Monday (July 10, 2023). ========================== KIBOR... Published 11 Jul, 2023 06:08am
Rates Stocks stage handsome rally KARACHI: Pakistan Stock Exchange Monday witnessed a bullish trend and closed on strong positive note on the back of... Published 11 Jul, 2023 06:08am
Commodities Funds sell CBOT corn, soybeans amid surprising US acreage report NAPERVILLE, (Illinois): The US government’s June survey delivered shocking corn and soybean acreage figures in the... Published 11 Jul, 2023 06:08am
Grains Australia ships first raw sugar to UK under free trade pact LONDON: Queensland Sugar Limited said the first shipment of raw sugar to Britain under the free trade agreement... Published 11 Jul, 2023 06:08am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 118,177 tonnes of cargo comprising 58,217 tonnes of import cargo and 59,960... Published 11 Jul, 2023 06:08am
Grains India’s ethanol program will cap future sugar exports MUMBAI: India’s ethanol program will cap future sugar exports India, the world’s second-largest sugar producer... Published 11 Jul, 2023 06:08am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday (July 09, 2023)... Published 11 Jul, 2023 06:08am
Cotton & Textile Cotton market: week begins on positive note LAHORE: The local cotton market on Monday was steady and the trading volume remained satisfactory. Cotton Analyst... Published 11 Jul, 2023 06:08am
Energy Oil steady HOUSTON: Oil prices were little changed on Monday in choppy trading as demand woes after weak economic data from top... Published 11 Jul, 2023 06:08am
Energy NTDC secures land for construction of 500kV grid station in Sialkot LAHORE: The National Transmission & Despatch Company (NTDC) successfully acquired 736 kanal 13 marla land for... Published 11 Jul, 2023 06:08am
Commodities China’s CMOC resumes copper, cobalt shipments NAIROBI: China’s CMOC Group said on Monday it has resumed exports of copper and cobalt from its TFM mine in the... Published 11 Jul, 2023 06:08am
Rates LME official prices LONDON: The following were Friday official prices. ========================================= ALUMINIUM... Published 11 Jul, 2023 06:08am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (July 10, 2023)... Published 11 Jul, 2023 06:08am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Monday (July 10, 2023). ======================================= Offset ... Published 11 Jul, 2023 06:08am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (July 10, 2023).... Published 11 Jul, 2023 06:08am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Monday (July 10, 2023). ======================== Open Bid Rs... Published 11 Jul, 2023 06:08am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (July 10, 2023).... Published 11 Jul, 2023 06:08am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Monday (July 10, 2023).... Published 11 Jul, 2023 06:08am
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 11 Jul, 2023 06:08am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Monday (July 10, 2023).... Published 11 Jul, 2023 06:08am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Monday (July 10, 2023). ==================================== BR... Published 11 Jul, 2023 06:08am
Rates BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 11 Jul, 2023 06:08am
Rates Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 11 Jul, 2023 06:08am
Rates EFU TAKAFUL CONSERVATIVE FUND RATES KARACHI: EFU Takaful Conservative Fund Rates on Monday (July 10, 2023). ======================== OFFER PRICE... Published 11 Jul, 2023 06:08am
Rates EFU TAKAFUL AGGRESSIVE FUND RATES KARACHI: EFU Takaful Aggressive Fund Rates on Monday (July 10, 2023). ======================== OFFER PRICE... Published 11 Jul, 2023 06:08am
Rates EFU TAKAFUL GROWTH FUND RATES KARACHI: EFU Takaful Growth Fund Rates on Monday (July 10, 2023). ======================== OFFER PRICE 1,549.4304... Published 11 Jul, 2023 06:08am
Rates EFU INCOME GROWTH FUND KARACHI: EFU Income Growth Fund Rates on Monday (July 10, 2023). ======================== OFFER PRICE 1,108.6305... Published 11 Jul, 2023 06:08am
Rates EFU AGGRESSIVE FUND RATES KARACHI: EFU Aggressive Fund Rates on Monday (July 10, 2023). ======================== OFFER PRICE 1,562.7347 BID... Published 11 Jul, 2023 06:08am
Rates EFU GUARANTEED GROWTH FUND RATES KARACHI: EFU Guaranteed Growth Fund Rates on Monday (July 10, 2023). ======================== OFFER PRICE... Published 11 Jul, 2023 06:08am
Rates EFU Aitemad Growth Fund Rates KARACHI: EFU Aitemad Growth Fund Rates on Monday (July 10, 2023). ======================== OFFER PRICE 1,764.9831... Published 11 Jul, 2023 06:08am
Rates EFU Capital Growth Fund Rates KARACHI: EFU Capital Growth Fund Rates on Monday (July 10, 2023). ======================== OFFER PRICE 539.1595... Published 11 Jul, 2023 06:08am
Rates EFU Pension Growth Fund Rates KARACHI: EFU Pension Growth Fund Rates on Monday (July 10, 2023). ======================== OFFER PRICE 458.7374... Published 11 Jul, 2023 06:08am
Rates EFU Managed Growth Fund Rates KARACHI: EFU Managed Growth Fund Rates on Monday (July 10, 2023). ======================== OFFER PRICE 2,410.0143... Published 11 Jul, 2023 06:08am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (July 10,... Published 11 Jul, 2023 06:08am
PM optimistic about country’s agri prospects ISLAMABAD: Prime Minister Shehbaz Sharif has termed the agriculture sector as backbone of the country, saying, it is... Updated 11 Jul, 2023 09:00am
Sufficient inflows of USD mandatory: Relaxation on retiring of LCs not ‘unrestrained’: official Information shared by Ministry of Industries and Production (MoI&P) informally with National Assembly Standing Committee on Industries and Production Updated 11 Jul, 2023 09:06am
SIH transaction: Privatisation Commission allowed to proceed ISLAMABAD: The Cabinet Committee on Privatization (CCoP) on Monday allowed the Privatization Commission to proceed... Updated 11 Jul, 2023 08:58am
Sugar retail price soars ISLAMABAD: Sugar price within the past three months registered an increase of Rs40 per kg in the retail market, ie,... Updated 11 Jul, 2023 08:57am
Fitch upgrades rating on improved external liquidity ISLAMABAD: Fitch Ratings has upgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to “CCC”... Updated 11 Jul, 2023 09:02am
Payable as RD: SC allows Customs to encash 50pc bank guarantee of OMCs ISLAMABAD: The Supreme Court has allowed the Collector of Customs, Karachi to encash 50 percent bank guarantee of... Updated 11 Jul, 2023 09:00am
FY23 remittances fall 13.6pc to $27bn YoY KARACHI: Workers’ remittances declined by 13.6 percent to $27 billion in the fiscal year FY23 as compared to... Published 11 Jul, 2023 06:08am
Iraq, TotalEnergies sign agreement for delayed $10bn deal BAGHDAD: Iraq on Monday signed agreements with TotalEnergies for a $10 billion set of projects that aim to improve... Published 11 Jul, 2023 06:08am
ECP refuses to hold LG polls in Punjab thru EVMs, i-voting ISLAMABAD: The poll body has refused to hold the local government elections in Punjab through electronic voting... Updated 11 Jul, 2023 08:55am
Rs69.5bn money laundering unearthed in solar panel imports KARACHI: The Directorate of Post Clearance Audit (PCA) South has uncovered massive money laundering in the solar... Updated 11 Jul, 2023 09:51am
Position of Nepra chairman advertised ISLAMABAD: Cabinet Division on Monday advertised the position of Chairman National Electric Power Regulatory... Updated 11 Jul, 2023 08:52am
Declaration of assets & liabilities: FBR sets deadline ISLAMABAD: The Federal Board of Revenue (FBR) has given a deadline of July 15, 2023 to all the officers of Inland... Updated 11 Jul, 2023 08:54am
Sindh govt approves 17.5pc increase in pension KARACHI: The Sindh government has sanctioned an increase of 17.5 percent on net pension with effect from July 01,... Updated 11 Jul, 2023 09:01am
‘Pakistan needs to adopt global approach towards building startups’ ISLAMABAD: Pakistan needs to adopt a global approach towards building startups and training founders in the global... Published 11 Jul, 2023 06:08am
Jan-May: 4.88m mobile phones manufactured in country ISLAMABAD: Local manufacturing plants have manufactured/assembled 4.88 million mobile handsets during the first four... Published 11 Jul, 2023 06:08am
Commodities PMEX daily trading report KARACHI: On Friday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 27.197 ... Published 11 Jul, 2023 06:08am
Commodities Australian coffee shops an early inflation casualty SYDNEY: The cost of serving up a sandwich with a cup of coffee has hit the roof across Australia’s vaunted cafes,... Published 11 Jul, 2023 06:08am
Commodities China flexes critical metals muscles with export curbs LONDON: China’s threat to curb exports of gallium and germanium from the start of August marks an escalation in ... Published 11 Jul, 2023 06:08am
Money & Banking Dollar falls to three-week low vs yen NEW YORK: The dollar sank to a three-week low against the yen on Monday and slipped against other major currencies ... Published 11 Jul, 2023 06:08am
‘Increasing cost of production is a real threat to LSM, small-scale businesses’ LAHORE: “The ever-increasing cost of production in the country is the real threat to both large-scale ... Published 11 Jul, 2023 06:08am
IMF’s approach is a bit out of the ordinary EDITORIAL: The much hyped attempt by the International Monetary Fund (IMF) team to seek a consensus on the ... Published 11 Jul, 2023 06:08am
NAB controversies You wouldn’t expect the ruling coalition to be fazed by the controversy triggered by the NAB law amendment bill;... Published 11 Jul, 2023 06:08am
Industry Textile industry continuously declining: HCSTSI president HYDERABAD: President Hyderabad Chamber of Small Traders and Small Industry Muhammad Farooq Shaikhani expressed his... Published 11 Jul, 2023 06:08am
Russia, Iran, & Afghanistan: FPCCI’s initiatives for barter trade bear fruit: chief KARACHI: Irfan Iqbal Sheikh, President FPCCI, has expressed his satisfaction that FPCCI’s years of relentless... Published 11 Jul, 2023 06:08am
Industry HC highlights vast potential for industrialisation in Ghana KARACHI Ghana’s High Commissioner to Pakistan and Iran, Eric Owusu, highlighted the vast potential for... Published 11 Jul, 2023 06:08am
Industry TDAP welcomes opening of Kazakhstan- Pakistan operations KARACHI: Kazakhstan has decided to operate direct flights from Almaty to Lahore, on weekly basis. On the occasion,... Published 11 Jul, 2023 06:08am
Finalisation of GDs’ assessment without valid EIF stopped ISLAMABAD: The Federal Board of Revenue (FBR) has restrained the Customs field formations from the finalisation of... Published 11 Jul, 2023 06:08am
Companies HBL wins Pakistan’s Best Digital Bank 2023 award KARACHI: Asiamoney awards HBL the accolade of Best Bank for Digital Solutions Pakistan’ for 2023. The Bank has ... Published 11 Jul, 2023 06:08am