Ground battles rage in Gaza GAZA/OCCUPIED JERUSALEM: Armoured Israeli forces attacked Gaza’s key northern city from two sides on Monday and... Published 31 Oct, 2023 05:26am
Israel’s aggression: Senators seek urgent action from world ISLAMABAD: The Senate, Monday, continued its debate on the ongoing atrocities on the people of Gaza by Israel,... Updated 31 Oct, 2023 06:09am
PSDF achieves all of its targets: Ijaz LAHORE: Founding Chairman of Board of Director of Punjab Skills Development Fund (PSDF) Dr Ijaz Nabi said that the... Published 31 Oct, 2023 05:26am
No arrest could be made on ground of suspicion: LHC LAHORE: The Lahore High Court held that no arrest could be made on suspicion or belief or clue or reliable sources... Published 31 Oct, 2023 05:26am
PM arrives in Lahore LAHORE: Caretaker Prime Minister Anwaar-ul-Haq Kakar has arrived in Lahore on a two-day official visit. He was... Published 31 Oct, 2023 05:26am
Pakistan rescue team celebrates 4th anniversary of UN certification LAHORE: The acting head of United Nations OCHA Pakistan, Dr Gift Chatora has expressed resolve to extend full ... Published 31 Oct, 2023 05:26am
Punjab govt, ECP vow to ensure peaceful, fair elections LAHORE: The caretaker Punjab government and the Election Commission of Pakistan (ECP) expressed their resolve to... Published 31 Oct, 2023 05:26am
Envoy speaks about Germany-Pakistan relationship KARACHI: German Ambassador to Pakistan Alfred Granas, addressing a meeting with Karachi Council of Foreign Relations... Published 31 Oct, 2023 05:26am
PM grieved over demise of Pashto poet Laiq Zada Laiq ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Monday expressed grief over the death of Laiq Zada Laiq, ... Published 31 Oct, 2023 05:26am
‘Illegal’ seizure of foreign currency: FTO asks FBR to take action against customs officials ISLAMABAD: Federal Tax Ombudsman (FTO) Monday directed the Federal Board of Revenue (FBR) to take disciplinary ... Published 31 Oct, 2023 05:26am
Weekly meetings with Imran: Jail authority submits list of 10 lawyers in IHC ISLAMABAD: The Adiala Jail superintendent has compiled a list of ten lawyers approved by incarcerated Pakistan... Published 31 Oct, 2023 05:26am
Pakistan ‘Audio leaks’ IHC gives one-month to govt for submitting reply ISLAMABAD: The Islamabad High Court (IHC) granted one-month time to the federal government to submit its reply in a... Published 31 Oct, 2023 05:26am
Court seek reply from SP Adiala Jail on IK’s plea ISLAMABAD: The special court hearing the cypher case against Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan and... Published 31 Oct, 2023 05:26am
Court seek arguments on IK’s Nikah case on Nov 4 ISLAMABAD: A local court hearing a case about the nikkah of Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan with... Published 31 Oct, 2023 05:26am
Court denies extending Elahi’s physical remand LAHORE: A city court on Monday rejected the police request to extend the physical remand of Pakistan Tehreek-e-Insaf... Published 31 Oct, 2023 05:26am
Celebrations of 170 years of Nolakha Presbyterian Church LAHORE: Nolakha Presbyterian Church completed 170 years of services in Lahore in this regard a grand ceremony held ... Published 31 Oct, 2023 05:26am
Bid to smuggle huge amount of drugs, prohibited injections foiled KARACHI: Anti-Smuggling Organization (ASO) of Customs Enforcement Karachi on Monday foiled an attempt to smuggle... Published 31 Oct, 2023 05:26am
VC LUMHS distributes laptops among students under PM’s Programme HYDERABAD: The laptops were distributed among 254 students at the Latif Hall at Liaquat University of Medical and... Published 31 Oct, 2023 05:26am
UBL 10th Shah Rafi Alam Polo Cup commences today LAHORE: The 10th Shah Rafi Alam Polo Cup 2023, sponsored by United Bank Limited (UBL), is set to commence today here... Published 31 Oct, 2023 05:26am
Role of business community lauded ISLAMABAD: Caretaker Federal Minister Murtaza Solangi, on Monday, said that the business community is playing a key... Published 31 Oct, 2023 05:26am
PIA set to run more flights after credit line extended ISLAMABAD: Pakistan International Airlines (PIA) said on Monday it should be able to run more flights in the coming... Published 31 Oct, 2023 05:26am
Pakistan, US enjoying long-lasting educational ties: Masood WASHINGTON: Pakistan’s Ambassador to the United States Masood Khan has stated that Pakistan and United States have... Published 31 Oct, 2023 05:26am
Need stressed to widen anti-rabies program’s scope KARACHI: Additional Chief Secretary Local Government Sindh Manzoor Ali Sheikh has said that the scope of anti-rabies... Published 31 Oct, 2023 05:26am
Cyber incident reported: Ministries warned of fake WhatsApp messages, emails on appointments ISLAMABAD: A cyber incident of sending fake WhatsApp messages and emails containing malicious attachments from fake... Published 31 Oct, 2023 05:26am
The Weather KARACHI: The weather report on Monday (October 30, 2023) and the forecast for Tuesday (October 31, 2023)... Published 31 Oct, 2023 05:26am
Rates Corporate results trigger rally KARACHI: Pakistan Stock Exchange on Monday witnessed a bullish trend and closed on strong positive note with healthy... Published 31 Oct, 2023 05:26am
Justice Mansoor declares amendments made to NAO as ‘null and void’ ISLAMABAD: The Supreme Court held that if Parliament can enact the National Accountability Ordinance (NAO), then it... Published 31 Oct, 2023 05:26am
Illegal foreigners: Deportation in line with sovereign laws, global norms: FO ISLAMABAD: Pakistan said on Monday that its Illegal Foreigners Repatriation Plan (IFRP) is in exercise of the... Published 31 Oct, 2023 05:26am
PAD launches Rs68bn modern irrigation programme LAHORE: The Punjab Agriculture Department (PAD) has launched a Rs 68 billion five-year programme to provide modern... Published 31 Oct, 2023 05:26am
PTI’s core committee condemns ‘crackdown’ on party ISLAMABAD: As crackdown on Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) is continued, the core committee of the... Published 31 Oct, 2023 05:26am
Kurram clashes continue amid communication ‘blackout’, road blockade ISLAMABAD: The week-long bloody clashes between rival tribesmen in Kurram tribal district have left 28 killed and 40... Published 31 Oct, 2023 05:26am
Rashid’s Lal Haveli ownership restored RAWALPINDI: The Rawalpindi Bench of the Lahore High Court (LHC) on Monday has annulled the decision to seal the Lal... Published 31 Oct, 2023 05:26am
President condoles death ISLAMABAD: President Dr Arif Alvi on Monday expressed deep grief and sorrow over the death of the son of renowned... Published 31 Oct, 2023 05:26am
Discos recover Rs32bn under anti-power theft drive ISLAMABAD: Power Distribution Companies (Discos) have recovered Rs 32 billion through anti-power theft drive as of... Published 31 Oct, 2023 05:26am
PARTLY FACETIOUS: The two proverbial ‘Plan As’ “So what’s your beef these days?” “I am a mutton person, healthier than beef.” “Dear Lord, what’s ... Published 31 Oct, 2023 05:26am
USD to PKR forecast for 2024 — I Studies, analyses, projections and estimations of exchange rates for any currency constitute the job of economists.... Published 31 Oct, 2023 05:26am
Budgetary outcome in first quarter The information on fiscal operations in the first quarter of 2023-24 by the Federal and the four Provincial... Published 31 Oct, 2023 05:26am
Letters FO’s befitting response Pakistan’s Foreign Office has responded to the Office of the United Nations High Commission for Human Rights... Published 31 Oct, 2023 05:26am
Stocks Asian FX gains as markets await Fed rate verdict BENGALURU: The South Korean won and the Malaysian ringgit led gains in Asian currencies on Monday, with stocks mixed... Published 31 Oct, 2023 05:26am
Stocks Wall St gains on megacap boost ahead of Fed verdict NEW YORK: Wall Street’s main indexes rose on Monday, boosted by megacap growth stocks ahead of a busy week of... Published 31 Oct, 2023 05:26am
Stocks European shares rise as bond yields retreat PARIS: European shares began the week on a strong footing, boosted by a drop in bond yields with investors assessing... Published 31 Oct, 2023 05:26am
Stocks China stocks rise on support signs; HK muted SHANGHAI: Chinese stocks rose on Monday, helped by fresh signs of government-orchestrated support measures, while... Published 31 Oct, 2023 05:26am
Stocks Tokyo shares fall ahead of central bank meetings TOKYO: Tokyo stocks dropped Monday as investors sat on their hands ahead of central bank meetings in Japan and the... Published 31 Oct, 2023 05:26am
Stocks Earnings-led boost lifts India’s blue-chips higher BENGALURU: India’s blue-chip indexes recovered from a lacklustre start to end Monday with gains, helped by a... Published 31 Oct, 2023 05:26am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 304,859 tonnes of cargo comprising 174,147 tonnes of import cargo and ... Published 31 Oct, 2023 05:26am
Rates LME official prices LONDON: The following were Friday official prices. ========================================= ALUMINIUM... Published 31 Oct, 2023 05:26am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Monday (October 30, 2023). ========================== KIBOR... Published 31 Oct, 2023 05:26am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (October 30, 2023).... Published 31 Oct, 2023 05:26am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (October 30, 2023)... Published 31 Oct, 2023 05:26am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Monday (October 30, 2023). ======================================= Offset... Published 31 Oct, 2023 05:26am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Monday (October 30, 2023). ==================================== BR... Published 31 Oct, 2023 05:26am
Energy 220KV grid station at Gujranwala: NTDC acquires 369 kanals of land LAHORE: The National Transmission and Despatch Company (NTDC) has successfully acquired 369 kanal (46.125 acres) ... Published 31 Oct, 2023 05:26am
Energy OGDCL achieves Rs413.594bn net sales revenue ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) further solidified its position as the market leader,... Published 31 Oct, 2023 05:26am
Commodities Dalian iron ore extends rally on solid demand BEIJING: Iron ore extended its climb on Monday, with the most active Dalian futures nearing the key level of 900 ... Published 31 Oct, 2023 05:26am
Commodities PMEX daily trading report KARACHI: On Friday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 24.482 ... Published 31 Oct, 2023 05:26am
Commodities Malaysian palm oil lower JAKARTA: Malaysian palm oil futures closed down on Monday, snapping two sessions of gains as a stronger ringgit... Published 31 Oct, 2023 05:26am
Energy Oil falls more than 3pc as concerns about Mideast supply ease HOUSTON: Oil slipped more than 3% on Monday as fears eased that the Israel-Hamas war would disrupt supply from the... Published 31 Oct, 2023 05:26am
Commodities Japanese rubber futures down on weak demand KUALA LUMPUR: Japanese rubber futures hit a one-week closing low on Monday, falling for a third consecutive session,... Published 31 Oct, 2023 05:26am
Commodities Russian wheat export prices flat MOSCOW: Russian wheat export prices were flat last week amid muted demand from importers, yet dwindling supply from... Published 31 Oct, 2023 05:26am
Commodities Wheat falls, soybeans hit 6-week high CANBERRA/PARIS: Chicago wheat futures fell more than 1% on Monday as shipments from Ukrainian Black Sea ports ... Published 31 Oct, 2023 05:26am
Commodities China optimism helps copper scale four-week high HANOI: Copper prices climbed to four-week highs on Monday due to signs of steadying growth in top consumer China,... Published 31 Oct, 2023 05:26am
Commodities Gold hovers near $2,000 on ME risks BENGALURU: Gold prices hovered near the key psychological $2,000 level on Monday, supported by safe-haven demand ... Published 31 Oct, 2023 05:26am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday (October 30, 2023)... Published 31 Oct, 2023 05:26am
Cotton & Textile Cotton market: Spot rate unchanged amid modest trading LAHORE: The local cotton market on Monday remained easy and the trading volume remained a little bit low. Cotton... Published 31 Oct, 2023 05:26am
Energy Gas tariffs hike: JI warns govt against gas price hike KARACHI: Jamaat-e-Islami (JI) on Monday warned the interim government against the gas price hike, fearing the move... Published 31 Oct, 2023 05:26am
Commodities Gold down Rs1200 in local market KARACHI: Gold prices on Monday saw a sizeable fall on the local market, traders said. They dropped by Rs 1200 and Rs... Published 31 Oct, 2023 05:26am
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 31 Oct, 2023 05:26am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Monday (October 30, 2023). ======================== Open Bid ... Published 31 Oct, 2023 05:26am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (October 30, 2023).... Published 31 Oct, 2023 05:26am
Privatisation list: Cabinet approves withdrawal of PSM ISLAMABAD: The federal cabinet, on Monday, approved the withdrawal of privatisation of Pakistan Steel Mills... Updated 31 Oct, 2023 09:16am
MTBs and Ijara Sukuk Rules: Cabinet approves summary regarding amendment: MoF ISLAMABAD: The Finance Ministry has said the caretaker federal cabinet has granted its approval to the summary... Updated 31 Oct, 2023 09:33am
PIA sell-off: Minister holds meeting with potential FAs ISLAMABAD: The Minister for Privatisation held a meeting with potential financial advisors of the PIACL transaction... Updated 31 Oct, 2023 09:57am
ECP orders removal of PS to CM Sindh ISLAMABAD: Election Commission of Pakistan (ECP) has directed the Establishment Division (ED) to remove principal... Updated 31 Oct, 2023 09:14am
Federal institutions: Rs80bn set aside for debt repayment LAHORE: In the Punjab’s budget for the next four months, out of the estimated budget of Rs 2076.2 billion, an amount... Updated 31 Oct, 2023 09:14am
Punjab unveils Rs2trn budget for four months LAHORE: The caretaker Punjab government on Monday presented Rs 2076.2 billion four-month (November, December 2023... Updated 31 Oct, 2023 09:31am
Recoveries under QTA: Discos seek positive adjustment of Rs1.7 per unit ISLAMABAD: The power Distribution Companies (DISCOs) have sought positive adjustment of Rs 1.7 per unit to recover... Updated 31 Oct, 2023 09:50am
Energy projects sans Chinese IPPs: PPIB resubmits transition from LIBOR to ‘SOFR’ ISLAMABAD: The Private Power and Infrastructure Board (PPIB) has resubmitted the transition from LIBOR to SOFR for... Updated 31 Oct, 2023 10:02am
Industrial power consumers: FD terms proposed winter package ‘vague’ ISLAMABAD: The Finance Division has reportedly termed the proposed four-month electricity ‘winter package’ for... Updated 31 Oct, 2023 09:50am
Gas tariffs increased The drastic devaluation of rupee against dollar has resulted into increasing cost of gas Updated 31 Oct, 2023 10:00am
MoF decides to hire fulltime member for CCP ISLAMABAD: The Finance Ministry has decided to hire a member of the Competition Commission of Pakistan (CCP) –... Published 31 Oct, 2023 05:26am
World Bank projects 1.7pc growth rate ISLAMABAD: The World Bank has projected positive growth return for Pakistan in fiscal year 2023-24, but at a rate of... Updated 31 Oct, 2023 09:15am
Policy rate kept unchanged on inflation, C/A KARACHI: While maintaining the policy rate at 22 percent, the Monetary Policy Committee (MPC) of the State Bank of... Published 31 Oct, 2023 05:26am
FBR optimistic about Q1 revenue target ISLAMABAD: The Federal Board of Revenue (FBR) is confident to achieve the revenue collection target of Rs 2,683... Published 31 Oct, 2023 05:26am
Shamshad urges OICCI to help boost FDI inflows KARACHI: Caretaker Finance Minister Dr Shamshad Akhtar has asked the Overseas Investors Chamber of Commerce and... Published 31 Oct, 2023 05:26am
Resolution of issues: Turkish cos receive positive response from govt depts ISLAMABAD: Turkish companies operating in Pakistan have reportedly received a positive response from different... Published 31 Oct, 2023 05:26am
Recovery under Section 7E: No coercive steps against taxpayers subject to 50pc payment: SHC ISLAMABAD: The Sindh High Court (SHC) has issued a restraining order for not taking any coercive measure against... Published 31 Oct, 2023 05:26am
Hike in gas tariffs to trigger industry’s closure: VATEA KARACHI: Textile makers-cum-exporters on Monday called the ECC’s proposed hike in the gas tariffs unjust and unwise,... Published 31 Oct, 2023 05:26am
CCP launches MIU for market surveillance ISLAMABAD: The Competition Commission of Pakistan (CCP) has launched a new Market Intelligence Unit (MIU) - a new... Published 31 Oct, 2023 05:26am
Board allows BOP to set up forex co KARACHI: The Board of Directors of the Bank of Punjab has approved the establishment of an Exchange Company with an... Published 31 Oct, 2023 05:26am
Rising Sensitive Price Index: sensitive matter EDITORIAL: The year-on-year (YoY) increase in the Sensitive Price Index (SPI) remained worryingly high at 29.65... Published 31 Oct, 2023 05:26am
Sending illegal Afghans home EDITORIAL: Islamabad has ruled out any extension in the October 31 deadline for undocumented immigrants — almost... Published 31 Oct, 2023 05:26am
Taxes Filing tax returns: PTBA demands extending deadline LAHORE: The Pakistan Tax Bar Association (PTBA) has urged the Chairman Federal Board of Revenue (FBR) to extend the... Published 31 Oct, 2023 05:26am
Energy PPL’s annual general meeting held KARACHI: The 72nd Annual General Meeting of Pakistan Petroleum Limited (PPL) was held here on Monday. The members... Published 31 Oct, 2023 05:26am
Money & Banking BoK earns Rs4,682m PBT in 9 months KARACHI: Bank of Khyber (BoK) announced a significant achievement as it posts a remarkable profit before tax of Rs... Published 31 Oct, 2023 05:26am
Money & Banking 9 months ended Sept 30, 2023: ABL PAT up 127pc to Rs28.662bn YoY KARACHI: Amidst challenging operating environment marked by macro-economic bottlenecks and the ongoing digital... Published 31 Oct, 2023 05:26am
Companies SriLankan Airlines to launch fourth weekly Lahore flight today KARACHI: SriLankan Airlines is going to launch a fourth weekly flight between Colombo and Lahore from Tuesday... Published 31 Oct, 2023 05:26am
Companies Synergy Advertising wins ‘Black Dragon Award’ KARACHI: Synergy Advertising, a leading name in Pakistan’s advertising industry, has added another feather to its... Published 31 Oct, 2023 05:26am
Companies DEL and ECPL sign MoU on asset life cycle management KARACHI: Descon Engineering Limited (DEL) and Engro Polymer & Chemicals Limited (EPCL) are proud to announce the... Published 31 Oct, 2023 05:26am
Money & Banking China’s yuan eases SHANGHAI: China’s yuan eased slightly against a strengthening dollar on Monday, though moves were limited as... Published 31 Oct, 2023 05:26am
Money & Banking Dollar slides ahead of central bank meetings NEW YORK: The US dollar fell on Monday, dropping to a two-week low against the yen, as traders looked ahead to... Published 31 Oct, 2023 05:26am