Putin signals OPEC+ cuts are here to stay MOSCOW: Russian President Vladimir Putin said on Wednesday that OPEC+ coordination would continue in order to ensure... Published 12 Oct, 2023 05:57am
China to host Belt and Road forum in Beijing on Oct 17-18 BEIJING: China will host its third Belt and Road Forum next week, its foreign ministry said on Wednesday, a... Published 12 Oct, 2023 05:57am
Russia, Saudi Arabia discuss oil market, prices MOSCOW: Saudi Arabia and Russia, the world’s top two oil exporters, on Wednesday discussed the situation on the ... Published 12 Oct, 2023 05:57am
Hamas says still fighting outside Gaza JERUSALEM/GAZA/WASHINGTON: Israel formed an emergency unity government on Wednesday as its jets pounded Gaza and... Published 12 Oct, 2023 05:57am
Bankrupt Sri Lanka gets China agreement on debt restructure COLOMBO: Sri Lanka on Wednesday welcomed China’s tentative agreement to a debt restructure, as the island nation... Published 12 Oct, 2023 05:57am
PCB chairman Zaka Ashraf to travel to India today LAHORE: Pakistan Cricket Board (PCB) Management Committee Chairman, Zaka Ashraf will travel to India today, to... Published 12 Oct, 2023 05:57am
LHC reserves verdict on post-arrest bail of Khadija LAHORE: A division bench of the Lahore High Court (LHC) on Wednesday reserved its verdict on post-arrest bail... Published 12 Oct, 2023 05:57am
World Bank -funded projects: Wapda chief briefs team about progress LAHORE: Chairman WAPDA Engr Lt Gen Sajjad Ghani (retd) briefed World Bank delegation about progress on the World ... Published 12 Oct, 2023 05:57am
LWMC to spearhead ‘Child Driven Climate Action Project’ initiative LAHORE: The Lahore Waste Management Company (LWMC) is set to spearhead an initiative, the ‘Child Driven Climate... Published 12 Oct, 2023 05:57am
Denmark, Sweden suspend Palestinian development aid COPENHAGEN: Denmark and Sweden said Tuesday they were suspending Palestinian development aid but maintaining... Published 12 Oct, 2023 05:57am
Middle East Israel PM announces wartime ‘emergency government’ with Gantz JERUSALEM: Israel’s Prime Minister Benjamin Netanyahu announced Wednesday an “emergency government” with an... Published 12 Oct, 2023 05:57am
Middle East Saudi public debate on ties with Israel jolted by war RIYADH: The outbreak of war between Israel and Hamas risks hardening anti-Israel sentiment in Saudi Arabia, which... Published 12 Oct, 2023 05:57am
Republicans nominate Scalise to replace ousted speaker McCarthy WASHINGTON: Republicans who control the US House of Representatives on Wednesday nominated Steve Scalise to serve as... Published 12 Oct, 2023 05:57am
Middle East Egypt discusses Gaza aid, rejects corridors for civilians CAIRO: Egypt has discussed plans with the United States and others to provide humanitarian aid through its border... Published 12 Oct, 2023 05:57am
Young doctors asked to focus on medical research LAHORE: Executive Director of the Punjab Institute of Neurosciences (PINS) Prof. Asif Bashir has said that medical... Published 12 Oct, 2023 05:57am
Public sector educational institutions: Stakeholders should make joint efforts to provide basic facilities: minister ISLAMABAD: Caretaker Federal Minister for Federal Education and Professional Training Madad Ali Sindhi on Wednesday... Published 12 Oct, 2023 05:57am
Sixth annual Ombudsman Day today LAHORE: The sixth annual Ombudsman Day 2023 will be celebrated all over the world, including Pakistan, today. The... Published 12 Oct, 2023 05:57am
JI challenges unelected persons as mayor: SHC grants three petitions in SLGA amendment case KARACHI: The Sindh High Court (SHC) on Wednesday approved three petitions to be a party in the case pertaining to... Published 12 Oct, 2023 05:57am
Rubina Jamil post-arrest bail dismissed LAHORE: An Anti-Terrorism Court (ATC) on Wednesday dismissed post-arrest bail petition of former MNA Rubina Jamil in... Published 12 Oct, 2023 05:57am
PTA, FIA raid mobile phone company franchisee in Peshawar ISLAMABAD: Pakistan Telecommunication Authority (PTA) Zonal office, Peshawar in collaboration with the Federal... Published 12 Oct, 2023 05:57am
PFA to inspect cafeterias, canteens in all universities LAHORE: The Punjab Food Authority (PFA) has decided to inspect cafeterias and canteens in all the Universities ... Published 12 Oct, 2023 05:57am
Pakistan ranked 8th most vulnerable country in Global Climate Risk Index Report 2021 FAISALABAD: Pakistan ranked 8th most vulnerable country in the Global Climate Risk Index Report 2021, posing a... Published 12 Oct, 2023 05:57am
NCSW Chairperson vows to end child marriage ISLAMABAD: National Commission on the Status of Women (NCSW) Chairperson Nilofar Bakhtiar vowed to end child ... Published 12 Oct, 2023 05:57am
Mines Dept introduces Performance Indicators Performa LAHORE: Secretary Mines & Mineral Department Punjab Babar Aman Babar has directed the field officers to undergo... Published 12 Oct, 2023 05:57am
LDA directed to decide complaints against Paragon City LAHORE: An accountability court on Wednesday directed the Lahore Development Authority (LDA) to decide complaints... Published 12 Oct, 2023 05:57am
KW&SC seeks details of buildings, flats from SBCA KARACHI: Karachi Water and Sewerage Corporation (KW&SC) has stepped up to expand its revenue and tax database,... Published 12 Oct, 2023 05:57am
Solidarity with Palestinian: JI announces nationwide rallies LAHORE: Chief of Jamaat-e-Islami Siraj-ul-Haq has asserted that the two-state solution to the Palestine issue... Published 12 Oct, 2023 05:57am
Senate body observes: Delay in release of pilot licenses causing huge loss to economy ISLAMABAD: The Senate Standing Committee on Aviation on Wednesday observed the deliberate delay in the release of... Published 12 Oct, 2023 05:57am
CM announces up-gradation of Children Hospital LAHORE: On the direction of caretaker Chief Minister Punjab Mohsin Naqvi, Children Hospital will also be upgraded ... Published 12 Oct, 2023 05:57am
Alvi confers Nishan-e-Imtiaz (M) upon Chief of Staff of Qatar Armed Forces ISLAMABAD: President Dr Arif Alvi has conferred Nishan-e-Imtiaz (Military) upon Chief of Staff of Qatar Armed ... Published 12 Oct, 2023 05:57am
The Weather KARACHI: The weather report on Wednesday (October 11, 2023) and the forecast for Thursday (October 12, 2023)... Published 12 Oct, 2023 05:57am
Parties demand ECP announce election date ISLAMABAD: Different mainstream political parties, have, once again, demanded of the Election Commission of Pakistan... Published 12 Oct, 2023 05:57am
PTI greets SC verdict ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Wednesday welcomed the apex court’s verdict on SC Practice and... Published 12 Oct, 2023 05:57am
SC Practice and Procedure Act declared legal ISLAMABAD: The Supreme Court by a majority of 10-5 sustained the Practice and Procedure Act, 2023, as being in... Published 12 Oct, 2023 05:57am
Nawaz leaves for Saudi Arabia LONDON: Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif left for Saudi Arabia on a private visit before... Published 12 Oct, 2023 05:57am
Chinese envoy calls on PM ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has stated that the government will continue to work closely... Published 12 Oct, 2023 05:57am
Afghan refugees possessing ‘papers’ can stay temporarily ISLAMABAD: The government has allowed Afghan refugees who have valid Proof of Registration (POR) cards and Afghan... Published 12 Oct, 2023 05:57am
Balochistan minister vows strict action against oil smugglers QUETTA: Interim Information Minister of Balochistan Jan Achakzai, Wednesday said that the government has set a... Published 12 Oct, 2023 05:57am
Senate body for ‘modern’ steps to deal with challenge of fake CNICs ISLAMABAD: The Senate Standing Committee on Interior recommended adopting modern measures to address the issue of... Published 12 Oct, 2023 05:57am
Indictment in cypher case: IK moves IHC, challenging special court’s order ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan, Wednesday, moved the Islamabad High Court (IHC)... Published 12 Oct, 2023 05:57am
Senate body assails Israel, vows support to Palestinians ISLAMABAD: The Senate Standing Committee on Foreign Affairs on Wednesday denounced the Israeli genocide of... Published 12 Oct, 2023 05:57am
Breast cancer: Alvi underscores need for raising awareness ISLAMABAD: President Dr Arif Alvi has written a letter to the caretaker prime minister, members of the Senate,... Published 12 Oct, 2023 05:57am
PARTLY FACETIOUS: Caretakers in focus “I have attended a few annual meeting of these multilaterals.” “Right they are great forums to build contacts... Published 12 Oct, 2023 05:57am
Karachi’s special courts notified as NAB courts KARACHI: Federal Ministry of Law and Justice on Wednesday notified changing Karachi’s special courts back to NAB... Published 12 Oct, 2023 05:57am
PTI rejects ECP’s ‘unconstitutional’ attempts ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Wednesday reminded the Election Commission of Pakistan (ECP) of its... Published 12 Oct, 2023 05:57am
Contempt case: ECP hints at issuing production order of IK, seeks reply to notice ISLAMABAD: The electoral entity has indicated issuing the production order of Chairman Pakistan Tehreek-e-Insaf ... Published 12 Oct, 2023 05:57am
Minister visits POF WAH CANTT: Federal Minister for Defence and Defence Production, Lt Gen Anwar Ali Hyder (retd), visited POF Wah Cantt... Published 12 Oct, 2023 05:57am
Access to safe drinking water & stable environment basic rights: Bilawal ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto-Zardari said that access to clean air, safe... Published 12 Oct, 2023 05:57am
Nawaz to help end economic sufferings of people: Maryam LAHORE: Terming the return of the PML-N supremo as a guarantee of the country’s development, Pakistan Muslim... Published 12 Oct, 2023 05:57am
War and change in the Middle East Once again war is poised to shake the political calculus of the Middle East. For, it’s always war, never peace... Updated 12 Oct, 2023 06:34am
Circular history of power sector The presently beleaguered Power Sector is being assailed by its generalist governors. Conveniently forgetting that... Updated 12 Oct, 2023 06:38am
Letters Israel cannot imprison 2.3m people without paying a price Israel and the West have been describing Hamas’ attacks on Israel as “unprovoked”. In this regard, one of... Published 12 Oct, 2023 05:57am
No more business as usual—IV Survival is increasingly challenging and overhaul of the economy is only possible with a credible roadmap undertaken... Updated 12 Oct, 2023 06:40am
Stocks European stocks edge up PARIS: European stocks edged higher on Wednesday as Novo Nordisk shares jumped on a positive update on its diabetes... Published 12 Oct, 2023 05:57am
Stocks China stocks close up on stimulus hopes SHANGHAI: China stocks closed up on Wednesday, tracking global markets on a dovish tone from US Federal Reserve... Published 12 Oct, 2023 05:57am
Stocks Indian shares extend gains as US rate woes ease BENGALURU: Indian shares advanced for the second straight session on Wednesday, in tandem with global markets, on... Published 12 Oct, 2023 05:57am
Stocks Nikkei index closes higher TOKYO: Tokyo’s Nikkei stocks index advanced on Wednesday following gains on Wall Street, with semiconductor and... Published 12 Oct, 2023 05:57am
Rates PSX bullish on buying in energy sector stocks KARACHI: Bullish trend continued on Pakistan Stock Exchange on the eighth consecutive session on the back of healthy... Published 12 Oct, 2023 05:57am
Energy PRL achieves historic production levels KARACHI: Pakistan Refinery Limited (PRL) has achieved historic production levels in September 2023, marking a... Published 12 Oct, 2023 05:57am
Energy Gasoline, food drive US producer prices higher WASHINGTON: US producer prices increased more than expected in September amid higher costs for energy products and... Published 12 Oct, 2023 05:57am
Energy Japan, World Bank launch project to diversify energy supply chain MARRAKECH (Morocco): Japan, the World Bank and several partner countries on Wednesday launched a $40 million... Published 12 Oct, 2023 05:57am
Stocks Asian FX gain on dovish Fed comments BENGALURU: Most Asian emerging market currencies and equities gained on Wednesday as dovish remarks by Federal... Published 12 Oct, 2023 05:57am
Stocks Nasdaq rises as long-term Treasury yields retreat NEW YORK: The Nasdaq rose on Wednesday as easing long-term US Treasury yields boosted megacap stocks, while ... Published 12 Oct, 2023 05:57am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 108,709 tonnes of cargo comprising 48,141 tonnes of import cargo and 60,568... Published 12 Oct, 2023 05:57am
Energy Oil falls after Saudi pledge NEW YORK: Oil prices fell over 2% on Wednesday as fears of disruption to supplies due to conflict in the Middle East... Published 12 Oct, 2023 05:57am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday (October 11, 2023)... Published 12 Oct, 2023 05:57am
Cotton & Textile Firm trend on cotton market LAHORE: The local cotton market on Wednesday remained bearish and the trading volume remained a little bit low.... Published 12 Oct, 2023 05:57am
Rates LME official prices LONDON: The following were Tuesday official prices. ========================================= ALUMINIUM... Published 12 Oct, 2023 05:57am
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 12 Oct, 2023 05:57am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Wednesday (October 11, 2023). ========================== KIBOR... Published 12 Oct, 2023 05:57am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (October... Published 12 Oct, 2023 05:57am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Wednesday (October 11, 2023). ======================== Open ... Published 12 Oct, 2023 05:57am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (October 11, 2023).... Published 12 Oct, 2023 05:57am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (October 11, 2023).... Published 12 Oct, 2023 05:57am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (October 11, 2023)... Published 12 Oct, 2023 05:57am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Wednesday (October 11, 2023). ======================================= ... Published 12 Oct, 2023 05:57am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (October 11, 2023). ==================================== ... Published 12 Oct, 2023 05:57am
IMF sees slight rise in govt expenditure ISLAMABAD: The International Monetary Fund (IMF) has projected an increase of 0.6 per cent in the government... Updated 12 Oct, 2023 09:31am
PIA, other loss-making SOEs: PM for accelerating privatisation process ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Wednesday directed the Privatization Commission to... Updated 12 Oct, 2023 08:45am
Companies KE submits three-tier IGP to govt ISLAMABAD: K-Electric (KE) has submitted a three-tier Indicative Generation Plan (IGP) to the federal government, in... Updated 12 Oct, 2023 08:45am
Buying two second-hand vessels: PPRA decides to recommend govt give exemption to PNSC ISLAMABAD: The Board of Public Procurement Regulatory Authority (PPRA) headed by Secretary Finance, has quizzed... Updated 12 Oct, 2023 09:55am
Rabi Season 2023-24: Wheat yield target set at 32.2m tons ISLAMABAD: The government on Wednesday set a wheat production target at 32.2 million tons for the Rabi Season... Updated 12 Oct, 2023 08:43am
Govt condemns Israeli siege of Gaza ISLAMABAD: The federal cabinet, Wednesday, reiterated the principled stand of the government of Pakistan that the... Updated 12 Oct, 2023 09:40am
‘Selling govt share in Reko Diq to KSA’: Terms being drafted to hire FA for 3rd-party assessment ISLAMABAD: Energy Division along with Board of Investment (BoI) has been drafting terms and conditions to hire a... Updated 12 Oct, 2023 09:32am
OIC asks India to reverse illegal steps of Aug 5, 2019 ISLAMABAD: Special Envoy to OIC Secretary General on Jammu and Kashmir Yousef M Al Dobeay has called upon India to... Updated 12 Oct, 2023 09:05am
New circular of FBR raises eyebrows KARACHI: Karachi Tax Bar Association (KTBA) has raised concerns about a new circular introduced by the Federal Board... Updated 12 Oct, 2023 08:42am
Forex ‘B’ Category: Authorisation of 5 forex cos suspended KARACHI: The State Bank of Pakistan (SBP) on Wednesday suspended the authorization of five Exchange Companies of ‘B’... Updated 12 Oct, 2023 09:58am
Commodities FranceAgriMer raises 2023/24 forecast for wheat exports PARIS: Farm office FranceAgriMer on Wednesday increased its forecast of French soft wheat exports outside the... Published 12 Oct, 2023 05:57am
Commodities Gold climbs on lower Treasury yields BENGALURU: Gold prices hit a near two-week peak on Wednesday, supported by a dip in US Treasury yields after dovish... Published 12 Oct, 2023 05:57am
Commodities Iron ore rebounds MANILA: Iron ore futures rose on Wednesday, with the Singapore benchmark rebounding after six straight sessions of... Published 12 Oct, 2023 05:57am
Commodities PMEX daily trading report KARACHI: On Tuesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 17.192... Published 12 Oct, 2023 05:57am
Commodities Indonesia to launch crude palm oil futures exchange JAKARTA: Indonesia, the world’s biggest palm oil exporter, will launch its crude palm oil (CPO) futures exchange ... Published 12 Oct, 2023 05:57am
Commodities Japanese rubber futures gain SINGAPORE: Japanese rubber futures recorded their largest daily increase in one month on Wednesday, buoyed by a... Published 12 Oct, 2023 05:57am
Commodities Malaysian palm oil sheds gains MUMBAI: Malaysian palm oil futures erased early gains on Wednesday to close near their lowest level in 3-1/2 months... Published 12 Oct, 2023 05:57am
Commodities Copper steadies on China stimulus hopes LONDON: Copper prices were steady on Wednesday, as traders found comfort in prospects that US interest rates have ... Published 12 Oct, 2023 05:57am
Commodities Chicago soybeans, wheat drop as focus shifts to USDA report NEW YORK: Chicago soybean and wheat futures fell on Wednesday, and corn futures firmed as the markets turned their... Published 12 Oct, 2023 05:57am
Govt’s sell-off agenda attracts World Bank’s attention South Asia Practice Manager for Energy at the World Bank, and his team meets Fawad Hasan Fawad Updated 12 Oct, 2023 09:54am
PBF voices its concern over decline in country’s investment-to-GDP ratio KARACHI: The Pakistan Business Forum (PBF) says investment-to-GDP ratio in the last fiscal year stood at 13.6... Published 12 Oct, 2023 05:57am
High-end brands: New customs’ values on import of colour cosmetics from all origins fixed ISLAMABAD: The Directorate General of Customs Valuation, Karachi has fixed new customs values on the import of... Published 12 Oct, 2023 05:57am
Companies EFU Life honoured with ‘Corporate Excellence Award’ by MAP KARACHI: EFU Life Assurance Ltd., the leading private sector life insurance provider in the country, has been ... Published 12 Oct, 2023 05:57am