Yellen calls on APEC ministers to boost growth potential sustainably SAN FRANCISCO: US Treasury Secretary Janet Yellen called on Pacific Rim finance ministers on Monday to boost the... Published 14 Nov, 2023 05:08am
Thousands evacuated as Iceland braces for volcanic eruption COPENHAGEN: Some 900 earthquakes hit southern Iceland on Monday, authorities said, adding to tens of thousands of... Published 14 Nov, 2023 05:08am
Lebanon front with Israel heats up, stoking fears of wider war BEIRUT/JERUSALEM: Weeks of hostilities across the Lebanese-Israeli border have escalated, with growing casualties on... Published 14 Nov, 2023 05:08am
Pakistan bowling coach Morkel quits after World Cup flop LAHORE: Bowling coach Morne Morkel on Monday became the first man to quit Pakistan’s backroom staff following the... Published 14 Nov, 2023 05:08am
LCCI organises seminar LAHORE: The Lahore Chamber of Commerce and Industry on Monday organized a seminar on “Iqbal & Revival of Our... Published 14 Nov, 2023 05:08am
Smog: LHC orders twice-a-week closure of educational institutions LAHORE: The Lahore High Court (LHC) on Monday directed the government to close all the educational institutions ... Published 14 Nov, 2023 05:08am
Hamza says Shehbaz-led PDM govt helped country avert default LAHORE: Former Punjab Chief Minister and PML-N leader Hamza Shehbaz said on Monday that 2024 general elections would... Published 14 Nov, 2023 05:08am
Khalil Hashmi assumes charge as new envoy to China ISLAMABAD: Ambassador Khalil Hashmi, a career diplomat, has assumed responsibilities as Pakistan’s new envoy to... Published 14 Nov, 2023 05:08am
Asia Malaysian World Cargo Airlines allowed to undertake cargo services ISLAMABAD: The Federal Government has allowed Malaysian World Cargo Airlines to undertake cargo services to and from... Published 14 Nov, 2023 05:08am
President FPCCI demands cut in prices of petroleum products KARACHI: Irfan Iqbal Sheikh, President FPCCI, has demanded that the federal government should announce a reduction ... Published 14 Nov, 2023 05:08am
Sindh govt fixes sugarcane support price at Rs425/40kg KARACHI (Nov 13): Caretaker government of Sindh has fixed a minimum sugarcane price at Rs425 per maund for crop... Published 14 Nov, 2023 05:08am
Country set to join HKC: SAPM KARACHI: Special Assistant to Prime Minister (SAPM) on Maritime Affairs Vice Admiral Iftikhar Ahmed Rao (retd) has... Published 14 Nov, 2023 05:08am
PM visits Azam Khan’s residence, offers fateha CHARSADDA: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Monday visited the residence of deceased former Caretaker... Published 14 Nov, 2023 05:08am
‘Sea Guardians-3 will open up new avenues for Sino-Pak maritime cooperation’ KARACHI: A joint press conference regarding Exercise Sea Guardian 2023 was held here on Monday. Commodore Asim ... Published 14 Nov, 2023 05:08am
PTI urges SC to take notice of ‘crackdown’ ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) has urged the Supreme Court of Pakistan to take notice of the ongoing... Published 14 Nov, 2023 05:08am
Bilawal celebrates Diwali in Mithi, steps up election campaign MITHI: In an apparent jab at the Pakistan Muslim League-Nawaz (PML-N) whose leaders have been granted... Published 14 Nov, 2023 05:08am
Dubai faces down airline rivals with $50bn jet orders DUBAI: Dubai carriers threw down the gauntlet to emerging regional rivals with more than $50 billion of Boeing jet... Published 14 Nov, 2023 05:08am
UN observes minute’s silence for 101 staff killed in Gaza GENEVA: United Nations workers observed a minute’s silence on Monday to honour the more than 100 employees killed... Updated 14 Nov, 2023 06:55am
Climate groups demand COP28 aims for formal energy transition deal PARIS: Around 100 climate campaign groups warned COP28 organisers Monday that success of critical upcoming talks in... Published 14 Nov, 2023 05:08am
Asia South Asia worst in world for water scarcity: UN NEW DELHI: More children in South Asia are struggling due to severe water scarcity made worse by the impacts of... Published 14 Nov, 2023 05:08am
130 POs arrested from foreign countries this year LAHORE :On the direction of Inspector General Police Punjab Dr Usman Anwar, the crackdown against dangerous ... Published 14 Nov, 2023 05:08am
Bid to smuggle Rs5.5m worth goods foiled KARACHI: Customs Collectorate Airport, Karachi on Monday foiled an attempt to smuggle substantial quantity of goods... Published 14 Nov, 2023 05:08am
‘BizLinks aimed at improving digital footprint of Pakistan’ LAHORE: Punjab Information Technology Board (PITB) Chairman Faisal Yousaf has said that BizLinks initiative is aimed... Published 14 Nov, 2023 05:08am
Court grants transit remand of Asad Qaiser ISLAMABAD: A local court, on Monday, granted the Khyber Pakhtunkhwa Anti-Corruption Establishment (ACE) one-day... Published 14 Nov, 2023 05:08am
Diabetes: Early detection, timely treatment can lower complications KARACHI: More than three-quarters of people living with diabetes (79%) in Pakistan knew they had diabetes only after... Published 14 Nov, 2023 05:08am
LHC allows post-arrest bail to Khawar Maneka LAHORE: The Lahore High Court on Monday allowed post-arrest bail to Khawar Maneka, former husband of PTI chairman... Published 14 Nov, 2023 05:08am
Minister for improving effectiveness of public investment ISLAMABAD: The Caretaker Minister for Planning, Development and Special Initiatives, Muhammad Sami Saeed, asked the... Published 14 Nov, 2023 05:08am
Moonis Elahi declared PO LAHORE: An accountability court on Monday declared former federal minister Moonis Elahi a Proclaimed Offender (PO) ... Published 14 Nov, 2023 05:08am
Naat Khuwan shot dead in Karachi KARACHI: A tragic target killing incident was reported from Karachi’s Orangi Town area, where a Naat Khuwan was... Published 14 Nov, 2023 05:08am
Gaza genocide: PPP questions silence of world ISLAMABAD: Pakistan People’s Party (PPP) Vice President Sherry Rehman said that the "helplessness" of the world,... Published 14 Nov, 2023 05:08am
Punjab CM announces smart lockdown despite resistance from Met dept LAHORE: Caretaker Chief Minister Punjab Mohsin Naqvi announced smart lockdown despite resistance from the... Published 14 Nov, 2023 05:08am
VC UAF for increasing productivity of wheat FAISALABAD: By 2030, wheat deficit may rise to 7 million tonnes in the country if productivity is not increased, ... Published 14 Nov, 2023 05:08am
Women Media Center organises training workshop LAHORE: Under the auspices of the Women Media Center, a five-day training workshop was organized, where special... Published 14 Nov, 2023 05:08am
The Weather KARACHI: The weather report on Monday (November 13, 2023) and the forecast for Tuesday (November 14, 2023)... Published 14 Nov, 2023 05:08am
Kenyan HC underscores need for strengthening trade relations KARACHI: Kenya High Commissioner Nyambura Kamau has requested Karachi Chamber of Commerce & Industry (KCCI) to... Published 14 Nov, 2023 05:08am
World Bank approves restructuring of $380m PFM programme ISLAMABAD: The World Bank (WB) has approved the restructuring of the financing agreement of the Public Financial... Published 14 Nov, 2023 05:08am
Internet bandwidth: PTA to review charging mechanism ISLAMABAD: Pakistan Telecommunication Authority (PTA) is planning to assess and review the charging mechanism of... Published 14 Nov, 2023 05:08am
MoITT to form committee to deal with challenge of cyber threats ISLAMABAD: A Steering Committee of concerned stakeholders will be constituted for the governance of the digital... Published 14 Nov, 2023 05:08am
Implementation of Faizabad dharna verdict: SC expects probe body to consider question why pleas were filed and withdrawn ISLAMABAD: The Supreme Court expected that the Inquiry Commission proposed to probe the factors for not implementing... Published 14 Nov, 2023 05:08am
No crackdown on Afghan immigrants launched: Bugti ISLAMABAD: On the heels of the reports suggesting a blanket crackdown, against the Afghan refugees, on part of the... Published 14 Nov, 2023 05:08am
Nawaz, Fazl discuss situation ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) Quaid and former Prime Minister Nawaz Sharif on Monday held a... Published 14 Nov, 2023 05:08am
PARTLY FACETIOUS: How did Marx see the historical process? “So history repeats itself.” “What prompted that comment?” “Nawaz Sharif has sent his emissaries to the... Published 14 Nov, 2023 05:08am
Caretaker KP cabinet administered oath PESHAWAR: The oath taking ceremony of the caretaker cabinet of Khyber Pakhtunkhwa was held at Governor’s House... Published 14 Nov, 2023 05:08am
Bushra Bibi’s name placed on ECL ISLAMABAD: The caretaker federal government has placed Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan’s wife... Published 14 Nov, 2023 05:08am
Al-Qadir Trust scam: Bushra appears before NAB ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan’s wife Bushra Bibi appeared before the National... Published 14 Nov, 2023 05:08am
Toshakhana, Al-Qadir Trust cases: Court orders implementation of arrest warrants for IK ISLAMABAD: The Accountability Court, on Monday, ordered the implementation of arrest warrants issued by the National... Published 14 Nov, 2023 05:08am
IG Punjab for providing ‘best’ training to Elite Force personnel LAHORE: Inspector General Police Punjab Dr Usman Anwar has said that Elite Force is a modern trained and specialized... Published 14 Nov, 2023 05:08am
OIC summit falls short of expectations: JI chief LAHORE: Chief of Jamaat-e-Islami Sirajul Haq has expressed disappointment, stating that the OIC Summit in Riyadh... Published 14 Nov, 2023 05:08am
Shahdara flyover will be opened for vehicular traffic soon: LDA LAHORE: Lahore Development Authority (LDA) Director General Muhammad Ali Randhawa said that the Shahdara flyover... Published 14 Nov, 2023 05:08am
We just can’t compete Distortions caused by a distraught policy landscape — from high energy costs to an industry-wide liquidity crisis... Updated 14 Nov, 2023 05:44am
Estimation of the quarterly GDP Pakistan has committed to the IMF in the Memorandum of Economic and Financial Policies, as part of the Stand-by... Updated 14 Nov, 2023 05:42am
Letters By the way, where’s Hezbollah? The role of Hezbollah in Lebanon in relation to growing Israeli atrocities on Palestinians in Gaza and the occupied... Updated 14 Nov, 2023 06:56am
The gas saga On June 2, 2023, Ogra (Oil and Gas Regulatory Authority) set an average price for both the Sui companies. The higher... Updated 14 Nov, 2023 05:46am
Stocks Tokyo shares close flat TOKYO: Tokyo stocks trimmed gains and ended flat on Monday as investors awaited key US economic data due to be... Published 14 Nov, 2023 05:08am
Stocks Wall Street wavers after rally NEW YORK: The main US stock indexes were mixed on Monday as investors awaited a crucial inflation reading this week... Published 14 Nov, 2023 05:08am
Stocks European shares start higher as Italian banks PARIS: European shares rose in a broad-based rally on Monday, with investors awaiting data this week for clarity on... Published 14 Nov, 2023 05:08am
Stocks China stocks mixed; HK ends higher SHANGHAI: China stocks were mixed, while Hong Kong shares closed higher on Monday as anticipation ahead of a summit... Published 14 Nov, 2023 05:08am
Stocks Indian shares ease after ‘muhurat’ session gains BENGALURU: Indian blue-chip shares fell on Monday, weighed down by the heavyweight information technology (IT) and... Published 14 Nov, 2023 05:08am
Rates LME official prices LONDON: The following were Friday official prices. ========================================= ALUMINIUM... Published 14 Nov, 2023 05:08am
Rates Index hits new all-time high KARACHI: Pakistan Stock Exchange on Monday witnessed a bullish trend and hit new highest level in its history on the... Published 14 Nov, 2023 05:08am
Commodities Gold moves up slightly KARACHI: Gold prices on Monday gained some momentum on the local market, traders said. After going up by Rs800 and... Published 14 Nov, 2023 05:08am
Energy OPEC says oil market remains strong despite negative sentiment LONDON: OPEC on Monday said oil market fundamentals remained strong and blamed speculators for a drop in prices as ... Published 14 Nov, 2023 05:08am
Commodities India’s palm oil, sunoil imports rise to record highs MUMBAI: India’s imports of palm oil and sunflower oil in 2022/23 surged by 24% and 54%, respectively, to record... Published 14 Nov, 2023 05:08am
Energy Oil gains as OPEC report dampens demand concerns BENGALURU: Oil prices rose by more than 1% on Monday after OPEC’s monthly market report eased market concerns ... Published 14 Nov, 2023 05:08am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 371,783 tonnes of cargo comprising 290,030 tonnes of import cargo and 81,753... Published 14 Nov, 2023 05:08am
Commodities Dalian iron ore rises further on optimism BEIJING: Dalian iron ore futures rose for a fourth consecutive session on Monday, buoyed by optimism over property... Published 14 Nov, 2023 05:08am
Commodities PMEX daily trading report KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 13.634... Published 14 Nov, 2023 05:08am
Commodities Japanese rubber futures up on prospects TOKYO: Japanese rubber futures rose to a 3-1/2-week high on Monday, as a recovery in automobile sales in Japan... Published 14 Nov, 2023 05:08am
Commodities Gold steady as market awaits US inflation data BENGALURU: Gold prices steadied near a three-week low on Monday as investors awaited US inflation data due this week... Published 14 Nov, 2023 05:08am
Commodities Copper gains as bearish traders cancel short positions LONDON: Copper prices rebounded on Monday as traders cancelled short positions in frustration, but gains were capped... Published 14 Nov, 2023 05:08am
Commodities Corn ticks up from three-year lows after US predicts record harvest HAMBURG: Chicago corn on Monday rose from three-year lows hit last week after the US Department of Agriculture ... Published 14 Nov, 2023 05:08am
Commodities Russian wheat export prices up MOSCOW: Russian wheat export prices have risen for the second week in a row as global markets strengthened slightly,... Published 14 Nov, 2023 05:08am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday (November 13, 2023)... Published 14 Nov, 2023 05:08am
Cotton & Textile Prices fall amid thin activity on cotton market LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Monday decreased the spot rate by Rs 2,00... Published 14 Nov, 2023 05:08am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Monday (November 13, 2023). ========================== KIBOR... Published 14 Nov, 2023 05:08am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (November... Published 14 Nov, 2023 05:08am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Monday (November 13, 2023). ==================================== BR... Published 14 Nov, 2023 05:08am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Monday (November 13, 2023). ======================== Open Bid... Published 14 Nov, 2023 05:08am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (November 13, 2023).... Published 14 Nov, 2023 05:08am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (November 13, 2023).... Published 14 Nov, 2023 05:08am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (November 13, 2023)... Published 14 Nov, 2023 05:08am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Monday (November 13, 2023). ======================================= Offset... Published 14 Nov, 2023 05:08am
‘Winter package’ not allowed to see the light of day Govt fails to secure nod for industry package from IMF, sources says Updated 14 Nov, 2023 02:34pm
IMF-govt policy-level talks begin ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar on Monday began policy-level talks with the visiting staff... Updated 14 Nov, 2023 08:18am
‘Corruption’ in contract award: Power Division-Senate panel dispute deepens ISLAMABAD: The wrangle between the Power Division and Chairman Senate Standing Committee on Power, Senator Saifullah... Updated 14 Nov, 2023 08:34am
Hydroelectric sector: Wapda challenges Nepra’s tariff determination ISLAMABAD: Water and Power Development Authority (Wapda) has challenged National Electric Power Regulatory AUTHOIRTY... Updated 14 Nov, 2023 08:51am
Efforts afoot to plug revenue leakage, PM told ISLAMABAD: The Federal Board of Revenue (FBR), Monday, informed caretaker Prime Minister Anwaar ul Haq Kakar that... Updated 14 Nov, 2023 08:45am
Hike in gas tariffs: Exporters in deep trouble: TMAP KARACHI: Towel Manufacturers Association of Pakistan called an extraordinary general meeting on Saturday (Nov 11),... Updated 14 Nov, 2023 08:52am
HBFC sell-off process to be completed by Dec 15th ISLAMABAD: The Privatisation Commission has decided to complete the privatisation process of House Building Finance... Updated 14 Nov, 2023 08:24am
Two soldiers martyred, one terrorist killed in N Waziristan RAWALPINDI: Two soldiers were martyred and a terrorist was killed during an exchange for fire with terrorists in... Updated 14 Nov, 2023 08:27am
Another attack on oil workers in DIK;driver killed DERA ISMAIL KHAN: Some unknown terrorists attacked the employees of an oil and gas company, killing one of them and... Updated 14 Nov, 2023 08:33am
Nawaz due in Quetta today LAHORE: In a bid to recapture the party-hold in Balochistan, former prime minister and PML-N supremo Nawaz Sharif is... Updated 14 Nov, 2023 08:44am
CCP struggling to recover Rs44bn penalty amount ISLAMABAD: The Competition Commission of Pakistan (CCP) is facing a prolonged delay in the recovery of Rs 44 billion... Updated 14 Nov, 2023 08:16am
Companies Jazz launches VoLTE roaming services for customers travelling to US ISLAMABAD: Jazz, Pakistan’s leading digital operator has launched Voice over LTE (VoLTE) roaming services in... Published 14 Nov, 2023 05:08am
Companies HBL Islamic Prestige Lounge inaugurated in Rawalpindi RAWALPINDI: HBL inaugurated its 8th Islamic Prestige Lounge located in GPO Haider Chowk, Rawalpindi. The Prestige... Published 14 Nov, 2023 05:08am
Industry Ambassador of Pakistan to Azerbaijan visits FPCCI LAHORE: Ambassador of Pakistan to Azerbaijan Bilal Hayee visited the Federation of Pakistan Chambers of Commerce and... Published 14 Nov, 2023 05:08am
Taxes Cigarette prices in Pakistan lowest in the region due to lenient tax policy? ISLAMABAD: Pakistan stands out in the region for remarkably low cigarette prices due to the country’s lenient tax... Published 14 Nov, 2023 05:08am
Stocks Stake in Hallmark: Telecard shareholders approve ‘SPA’ with Supernet KARACHI: The members/shareholders of Telecard Limited approved entering into Share Purchase Agreement (SPA) with... Published 14 Nov, 2023 05:08am
Harnessing DFIs EDITORIAL: Caretaker Finance Minister Dr Shamshad Akhtar is right in stressing that DFIs (Development Finance... Published 14 Nov, 2023 05:08am
Centre versus the provinces EDITORIAL: A Business Recorder exclusive report has revealed that a plan prepared under the auspices of the Special... Published 14 Nov, 2023 05:08am