Israeli soldiers skirmish with Hamas inside Gaza GAZA/OCCUPIED JERUSALEM: Israel battered Gaza from the air on Monday, killing more people, while its soldiers fought... Updated 24 Oct, 2023 05:59am
Kremlin says US can’t build ‘new world order’ that Biden spoke of MOSCOW: The Kremlin said on Monday that it agreed with US President Joe Biden on the need to build a “new world... Published 24 Oct, 2023 05:05am
Africa Nigeria wins multi-billion-dollar damages appeal LONDON: Nigeria won an appeal on Monday to overturn a multi-billion-dollar damages bill in a long-running ... Published 24 Oct, 2023 05:05am
Erdogan submits Sweden NATO bid to Turkish parliament ISTANBUL: President Recep Tayyip Erdogan officially submitted Sweden’s NATO membership application to the Turkish... Updated 24 Oct, 2023 06:47am
Lockheed exits US Air Force tanker competition; lifting Boeing’s KC-46 WASHINGTON: Lockheed Martin Corp has withdrawn from the US Air Force’s competition to build at least 75 refueling... Published 24 Oct, 2023 05:05am
France announces sale of defensive weapons to Armenia PARIS: France announced Monday the sale of defensive equipment to Armenia as Azerbaijan launched military drills ... Published 24 Oct, 2023 05:05am
Saudi gamer prince announces eSports World Cup RIYADH: Saudi Arabia said on Monday it would organise an eSports World Cup starting next year, the latest boost to a... Published 24 Oct, 2023 05:05am
EU mulls call for ‘humanitarian pause’ in Gaza LUXEMBOURG: EU foreign policy chief Josep Borrell said Monday that he believed the bloc’s leaders would back a ... Updated 24 Oct, 2023 06:48am
Countries deadlocked on ‘loss and damage’ fund as UN climate summit nears WASHINGTON: Countries are deadlocked over how to design a fund to help countries recover and rebuild from climate... Published 24 Oct, 2023 05:05am
PCB denies internal discord in cricket team LAHORE: The Pakistan Cricket Board (PCB) strongly denies recent speculations about any internal discord in the... Published 24 Oct, 2023 05:05am
Cipher case: Imran, Qureshi indicted, witnesses summoned ISLAMABAD: The special court on Monday indicted Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan and PTI vice... Published 24 Oct, 2023 05:05am
Military trials of civilians declared ‘null and void’ ISLAMABAD: The Supreme Court, on Monday, declared the trial of civilians arrested in the aftermath of the 9th May... Published 24 Oct, 2023 05:05am
CJP optimistic about early announcement of election schedule ISLAMABAD: Chief Justice Qazi Faez Isa expressed optimism that the Election Commission of Pakistan (ECP) before the... Published 24 Oct, 2023 05:05am
PFA issues warning to 209 cereal units LAHORE: The Punjab Food Authority (PFA) on Monday served warning notices for improvement to 209 cereal production... Published 24 Oct, 2023 05:05am
CM approves establishment of first govt-run cancer hospital in Lahore LAHORE: In the light of prevailing smog conditions, it has been decided that educational institutions in Punjab will... Published 24 Oct, 2023 05:05am
Governor says ‘Nawaz’s return is a ray of hope’ LAHORE: Punjab Governor Muhammad Balighur Rehman has said that return of political leader like Nawaz Sharif is a ray... Published 24 Oct, 2023 05:05am
Rally held to express solidarity with Palestinians LAHORE: A rally was held at the King Edward Medical University (KEMU) which was led by caretaker provincial health... Published 24 Oct, 2023 05:05am
Widow of Arshad Sharif sues Kenya police NAIROBI: A widow of a journalist who was shot dead by police in Kenya after he fled arrest in his home country filed... Published 24 Oct, 2023 05:05am
PTI assails indictment of party chairman, vice-chairman ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Monday strongly reacted to the indictment of ex-prime minister and ... Published 24 Oct, 2023 05:05am
NUST convocation: COAS confers medals upon distinction holders RAWALPINDI: The annual convocation week of the National University of Sciences & Technology (NUST) commenced at... Published 24 Oct, 2023 05:05am
Dar acquitted in assets beyond means case ISLAMABAD: The Accountability Court, on Monday, acquitted Pakistan Muslim League-Nawaz (PML-N) leader and former... Published 24 Oct, 2023 05:05am
Avenfield, Al-Azizia cases: Nawaz moves IHC seeking restoration of appeals against AC’s verdicts ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) Quaid Nawaz Sharif, on Monday, moved the Islamabad High Court (IHC)... Published 24 Oct, 2023 05:05am
SEED Ventures holds event on women’s wellness KARACHI: SEED Ventures under its banner, What’s The Alternative (WTA) hosted its second event, Empower HER:... Published 24 Oct, 2023 05:05am
‘A polio-free Pakistan was dream of Benazir’: Bilawal ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto-Zardari has said that polio-free Pakistan was the... Published 24 Oct, 2023 05:05am
Fighting cartelism: CCP brings enforcement, policy actions under focus ISLAMABAD: The Competition Commission of Pakistan (CCP) is diligently focusing on enforcement and policy actions,... Published 24 Oct, 2023 05:05am
BR staff reporter deprived of valuables KARACHI: Business Recorder’s (BR) senior staff reporter, and Karachi Press Club’s former Secretary Muhammad... Published 24 Oct, 2023 05:05am
Competition Law made part of ICAP’s DTPs ISLAMABAD: Competition Law has been made an integral part of the Directors’ Training Programs (DTPs) that will be... Published 24 Oct, 2023 05:05am
IGCEP: Managing uncertainties Pakistan formally adopted the Integrated Generation Capacity Expansion Plan (IGCEP) in 2020 to strengthen and... Updated 24 Oct, 2023 05:55am
Continuity of democracy: PTI urges President to play role ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Monday demanded President Arif Alvi to play his role and stress upon ... Published 24 Oct, 2023 05:05am
Pleas seeking live broadcast of court proceedings dismissed LAHORE: The Lahore High Court (LHC) on Monday dismissed several identical petitions filed by Shahbaz and others... Published 24 Oct, 2023 05:05am
Balochistan CM advisor urges Sindh CM: Patients of Balochistan may be given subsidy KARACHI: Caretaker Sindh Chief Minister Former Justice Maqbool Baqar has said that the government hospitals in Sindh... Published 24 Oct, 2023 05:05am
LHC directs CCPO to explain arrest of Khadija Shah in third case LAHORE: The Lahore High Court on Monday directed the Capital City Police Officer (CCPO) to explain the arrest of... Published 24 Oct, 2023 05:05am
Jilani to attend SCO CHG meeting in Kyrgyzstan on 26th ISLAMABAD: Caretaker Foreign Minister Jalil Abbas Jilani will lead the Pakistani delegation to the twenty-second... Published 24 Oct, 2023 05:05am
Various research centres of excellence: FAPUASA concerned about alarming financial situation LAHORE: The Federation of All Pakistan Universities Academic Staff Association (FAPUASA), President Prof Dr... Published 24 Oct, 2023 05:05am
Court adjourns money laundering case against Elahis LAHORE: A special court (Central) on Monday adjourned a money laundering case against PTI President Parvez Elahi and... Published 24 Oct, 2023 05:05am
ARL holds 8th Health, Safety & Environment Conference ISLAMABAD: Attock Refinery Limited (ARL) has organised the 8th Health, Safety and Environment (HSE) Conference on... Published 24 Oct, 2023 05:05am
Breast cancer awareness: Alvi calls for ensuring early detection to curb spread ISLAMABAD: President Dr Arif Alvi has said there is a need to convey the message and raise awareness door-to-door... Published 24 Oct, 2023 05:05am
The Weather KARACHI: The weather report on Monday (October 23, 2023) and the forecast for Tuesday (October 24, 2023)... Published 24 Oct, 2023 05:05am
PARTLY FACETIOUS: The deepening turmoil in the world “What did you think?” “You have to narrow it down, the turmoil in the world with two ongoing wars – and no I... Published 24 Oct, 2023 05:05am
Energy Qatar announces 27-year gas deal with Italy’s Eni DOHA: Qatar has agreed to supply Italian firm Eni with natural gas for 27 years, the Gulf emirate’s state-owned... Published 24 Oct, 2023 05:05am
Value of PKR There have been unusual developments in the value of the rupee (PKR) during the last seven weeks. From a trend in ... Updated 24 Oct, 2023 05:50am
The Palestinian resistance The ongoing Israel-Gaza war began with the spectacular attack by Hamas into Israel on October 7, 2023. Hamas... Updated 24 Oct, 2023 05:52am
Letters Unending travails of PIA, other SOEs That the national air carrier has been in dire straits for quite some time is well known. Like Pakistan Steel Mills,... Published 24 Oct, 2023 05:05am
Stocks Tokyo markets end lower TOKYO: Tokyo stocks ended lower on Monday on investor fears that the Israel-Hamas war may deteriorate into a wider... Published 24 Oct, 2023 05:05am
Stocks Wall Street rises as 10-year Treasury yield retreats NEW YORK: US stocks reversed course to rise on Monday as bond yields pulled back after hitting the crucial 5% mark... Published 24 Oct, 2023 05:05am
Stocks China stocks close at 4-1/2-year lows SHANGHAI: China’s blue-chip share index closed at its lowest level in four-and-a-half years on Monday, with... Published 24 Oct, 2023 05:05am
Stocks India’s Nifty logs worst session in seven months BENGALURU: Indian shares fell on Monday, with the benchmark Nifty 50 index logging its worst session in more than... Published 24 Oct, 2023 05:05am
Energy Oil drops over 2pc as diplomatic moves in Gaza war ease supply NEW YORK: Oil prices fell over 2% on Monday as diplomatic efforts in the Middle East intensified in an attempt to... Published 24 Oct, 2023 05:05am
Rates Activities at Port Qasim KARACHI: A total of eight ships were engaged at PQA berths during the last 24 hours, out of them three ships, MSC... Published 24 Oct, 2023 05:05am
Rates LME official prices LONDON: The following were Friday official prices. ========================================= ALUMINIUM... Published 24 Oct, 2023 05:05am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (October ... Published 24 Oct, 2023 05:05am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Monday (October 23, 2023). ======================== Open Bid ... Published 24 Oct, 2023 05:05am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (October 23, 2023).... Published 24 Oct, 2023 05:05am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (October 23, 2023).... Published 24 Oct, 2023 05:05am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (October 23, 2023)... Published 24 Oct, 2023 05:05am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Monday (October 23, 2023). ======================================= Offset... Published 24 Oct, 2023 05:05am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Monday (October 23, 2023). ==================================== BR... Published 24 Oct, 2023 05:05am
20 MoUs inked during China visit: PM ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has maintained that around 20 memorandums of understanding... Updated 24 Oct, 2023 09:10am
Import of 200,000 MT of urea fertiliser allowed: ECC approves increase in gas tariff ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved increase in gas tariff for the... Updated 24 Oct, 2023 10:41am
Annual report on state of economy for FY23: Structural weaknesses exacerbated impact of supply shocks: SBP KARACHI: Pakistan’s economy faced multiple challenges during FY23, as longstanding structural weaknesses exacerbated... Updated 24 Oct, 2023 09:12am
Cut in oil prices: PM expects a visible trickle-down effect ISLAMABAD: Caretaker Prime Minister Anwar-ul-Haq Kakar has directed to ensure that the benefits of 12.38 percent... Updated 24 Oct, 2023 09:11am
‘Election delayed is election denied’: Bilawal ISLAMABAD: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari said that his party wants an equal level... Updated 24 Oct, 2023 08:39am
PSO restores fuel supply to at least 20 PIA flights ISLAMABAD: Pakistan State Oil (PSO) restored fuel supply to at least 20 flights of Pakistan International Airlines... Updated 24 Oct, 2023 08:40am
Recovery of CVT under Finance Act 2022: Taxmen’s orders are without jurisdiction: former FBR chief ISLAMABAD: All the orders passed by the taxation officers/Inland Revenue officers for the recovery of Capital Value... Updated 24 Oct, 2023 09:38am
Punjab urges Centre to procure cotton at Rs 8,500/maund LAHORE: Expressing concerns over dwindling prices of cotton, the Punjab government has asked the federation to... Updated 24 Oct, 2023 09:39am
SBP introduces steps to facilitate IT exporters, freelancers KARACHI: In order to facilitate the IT exporters to boost the exports of IT and IT enabled services, the State Bank... Updated 24 Oct, 2023 09:11am
Energy 470MW Lower Spat Gah Hydropower Project: Nepra is said to have accepted tariff application ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is said to have accepted tariff application of... Published 24 Oct, 2023 05:05am
Cotton & Textile Women cotton workers demand better health, safety measures HYDERABAD: Three-day workshops held by Sindh Community Foundation in cooperation with the cooperation of Asian... Published 24 Oct, 2023 05:05am
Commodities Gold prices climb KARACHI: Gold prices on Monday posted a sizeable increase on the local market, traders said. The yellow metal grew... Published 24 Oct, 2023 05:05am
Commodities Gold subdued as yields rise, spotlight shifts to US economic NEW YORK: Gold prices eased on Monday as US 10-year Treasury yields advanced higher, while investors kept a tab on... Published 24 Oct, 2023 05:05am
Commodities Malaysian palm oil futures down JAKARTA: Malaysian palm oil futures fell more than 1% on Monday, weighed by weakness in rival vegetable oils and... Published 24 Oct, 2023 05:05am
Commodities Chicago grains stay weak PARIS/SINGAPORE: Chicago soybeans, corn and wheat edged down on Monday as an advancing Midwest harvest and rain... Updated 24 Oct, 2023 06:45am
Commodities PMEX daily trading report KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 21.160... Published 24 Oct, 2023 05:05am
Commodities Russian wheat export prices fall, but some demand emerged MOSCOW: Russian wheat export prices declined again last week, but analysts see demand picking up at these levels.... Published 24 Oct, 2023 05:05am
Commodities Japanese rubber futures drop SINGAPORE: Japanese rubber futures slid 1.5% on Monday as lower demand for the tyre-making raw material pressured... Published 24 Oct, 2023 05:05am
Commodities Copper prices hit 11-month low LONDON: Copper prices tumbled to 11-month lows on Monday as sentiment was hit by China’s property crisis, ... Published 24 Oct, 2023 05:05am
Commodities Brazil’s 2023/24 soybean planting SAO PAULO: Brazil’s 2023/24 soybean planting has reached as of last Thursday 30% of the expected area, ... Published 24 Oct, 2023 05:05am
Commodities Dalian iron ore extends drop MANILA: Dalian iron ore futures fell on Monday, dragged by persistent concerns about China’s property sector... Published 24 Oct, 2023 05:05am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday (October 23, 2023)... Published 24 Oct, 2023 05:05am
Cotton & Textile Cotton spot rate rises by Rs300 per maund LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Monday increased the spot rate by Rs 300... Published 24 Oct, 2023 05:05am
Commodities New customs values on import of iron wire net/mesh, stainless steel wire net/mesh ISLAMABAD: Directorate General of Customs Valuation Karachi has issued new customs values on the import of iron wire... Published 24 Oct, 2023 05:05am
Govt braces itself for first review of SBA All ministries/ divisions and entities share required data with the Finance Division for onward submission to the IMF, before the first review formally starts Updated 24 Oct, 2023 10:03am
MoF to share green bonds, debt swaps plan with SIFC today ISLAMABAD: Finance Ministry is all set to share its plan on floating of international and domestic green bonds and... Updated 24 Oct, 2023 09:37am
Rates Energy sector leads rally KARACHI: Pakistan Stock Exchange on Monday witnessed a bullish trend and closed on strong positive note with healthy... Published 24 Oct, 2023 05:05am
Mideast conflict: Oil investors rotate from WTI to Brent: Kemp LONDON: Portfolio investors tiptoed back into the petroleum market last week, after three weeks of heavy selling, as... Published 24 Oct, 2023 05:05am
SBP projects 2-3pc real growth KARACHI: Pakistan’s economic situation has presented early signs of improvement in the initial months of this... Published 24 Oct, 2023 05:05am
External debt servicing soars to record level in FY23 KARACHI: Pakistan’s external debt servicing soared to record level of some $18 billion mark in the last fiscal ... Published 24 Oct, 2023 05:05am
Companies SEL seeks refund of $3.5m encashed bank guarantee ISLAMABAD: M/s Siddiqsons Energy Limited (SEL) has sought refund of encashed bank guarantee proceeds of $ 3.5 ... Published 24 Oct, 2023 05:05am
Industry Insurance policyholders: Liquidity damages now payable only during a certain period of time LAHORE: Policyholders are entitled only to receive the liquidated damages from the date of filing the claim till the... Published 24 Oct, 2023 05:05am
Industry Women entrepreneurs in Pakistan: ReMIT, SMEDA to develop separate SME policy LAHORE: International Trade Center’s ITC-FCDO Programme, Revenue Mobilization for Investment and Trade (ReMIT) has... Published 24 Oct, 2023 05:05am
Country may achieve agri growth target for 2023-24 ISLAMABAD: The country is likely to achieve the agriculture growth target of 3.5 percent set for 2023-24 by meeting... Published 24 Oct, 2023 05:05am
Taxes Transfers, postings of 69 Customs officials ISLAMABAD: The Federal Board of Revenue (FBR) has transferred and posted 69 customs officials (BS-18 to BS-20) with... Published 24 Oct, 2023 05:05am
Money & Banking E-money wallet holders: SBP tells CMPECC to refund outstanding funds in 15 days KARACHI: The State Bank of Pakistan (SBP) on Monday has advised M/s CMPECC (Pvt) Ltd, to refund all outstanding ... Published 24 Oct, 2023 05:05am
Companies Qatar Airways CEO to step down DOHA: Akbar Al Baker, one of the airline industry’s most outspoken leaders, is retiring as chief executive of ... Published 24 Oct, 2023 05:05am
Invoking nostalgia EDITORIAL: The long scheduled and much-awaited Nawaz Sharif speech at Minar-i-Pakistan in Lahore – the same day as... Published 24 Oct, 2023 05:05am
Unrelenting threat of poliovirus EDITORIAL: On the eve of this year’s October 23 World Polio Day — Pakistan and Afghanistan are the only two... Published 24 Oct, 2023 05:05am
Jan-Sep 2023: 13.02m mobile handsets manufactured locally ISLAMABAD: Local manufacturing plants have manufactured/assembled 13.02 million mobile handsets during the first ... Published 24 Oct, 2023 05:05am
Companies Financial strength & resilience: PTCL Group dispels false speculations about Ubank ISLAMABAD: PTCL Group, the largest ICT services provider in Pakistan refutes all claims and rumors regarding the... Published 24 Oct, 2023 05:05am
New customs values on import of fresh flowers fixed ISLAMABAD: Directorate General of Customs Valuation Karachi has fixed new customs values on the import of fresh... Published 24 Oct, 2023 05:05am
Companies IMARAT launches $500m project in Islamabad ISLAMABAD: Islamabad has a new city centre and it’s called IMARAT Downtown. A visionary $500M venture by IMARAT,... Published 24 Oct, 2023 05:05am