PML-Q seeks ‘economic sovereignty’ for resolution of issues LAHORE: Emphasising the need for economic sovereignty, the Pakistan Muslim League-Q (PML-Q) has said that the... Published 30 Nov, 2023 04:53am
Askari Tower attack case: AC extends judicial remand of PTI leaders LAHORE: Accountability Court on Wednesday extended the judicial remand of PTI Punjab president Dr Yasmin Rashid, ... Published 30 Nov, 2023 04:53am
German envoy, Punjab governor discuss cooperation in areas of education, environment and trade LAHORE: The Ambassador of the Federal Republic of Germany to Pakistan, Alfred Grannas, called on Governor Punjab... Published 30 Nov, 2023 04:53am
Asia One confirmed killed as US Osprey crashes off Japan TOKYO: A US Osprey military aircraft crashed on Wednesday off a Japanese island, killing one crew member and leaving... Published 30 Nov, 2023 04:53am
Middle East Full Gaza ceasefire urged as truce expiry looms GAZA STRIP: Efforts intensified Wednesday to extend a halt in deadly violence in Gaza as a truce was set to expire,... Published 30 Nov, 2023 04:53am
COP28 president denies using climate talks to push oil deals DUBAI: The Emirati host of the UN climate conference in Dubai denied Wednesday reports that he used his presidency ... Published 30 Nov, 2023 04:53am
Russia ramping up attacks in eastern Ukraine KYIV: Russian forces were ramping up attacks in eastern Ukraine on Wednesday, Moscow and Kyiv said, as they vie to... Published 30 Nov, 2023 04:53am
USA US says ‘must and will’ continue backing Ukraine BRUSSELS: US Secretary of State Antony Blinken on Wednesday said Washington and its allies remained steadfast in... Published 30 Nov, 2023 04:53am
Pak-Iran rail freight service restored CHAGAI: Railway service between Pakistan and Iran has been restored following suspension after heavy rainfall in the... Published 30 Nov, 2023 04:53am
UAE to open up ‘special visa centre’ in Karachi KARACHI: Bolstering diplomatic and trade relations, the United Arab Emirates Consul General, Bakhit Atiq Al-Rumiti,... Published 30 Nov, 2023 04:53am
UK rules out more foreign aid spending in next five years LONDON: Britain’s foreign aid budget will not be restored to its legally binding target level within the next five... Published 30 Nov, 2023 04:53am
Digital bank robberies key risk for central bank e-money, BIS report warns LONDON: Digital bank robberies and other cyber hacks will be a key risk for countries launching digital versions of... Published 30 Nov, 2023 04:53am
Climate scenarios need revamp for unstable world: IMF NEW YORK: Scenarios used by the financial system to assess climate risk need updating to account for growing ... Published 30 Nov, 2023 04:53am
UHS slashes answer book pages for professional exams, saves Rs2m LAHORE: In a move to streamline examination processes and reduce costs, the University of Health Sciences (UHS) has... Published 30 Nov, 2023 04:53am
Team management announced for Australia tour LAHORE: Former Chief Secretary Punjab, Naveed Akram Cheema has been named team manager, as the Pakistan Cricket ... Published 30 Nov, 2023 04:53am
ISSI holds seminar: Speakers call for deepening Pakistan-Philippines ties in all fields ISLAMABAD: Speakers at a seminar on Wednesday called for deepening bilateral cooperation in all fields including the... Published 30 Nov, 2023 04:53am
Sindh industrialists worried about gas shortage, tariff hike KARACHI: President of United Business Group (UBG) and former president of FPCCI, Zubair Tufail said that Sindh... Published 30 Nov, 2023 04:53am
Pricing of health services by HCEs: PHC joins hands with PITB to develop monitoring software LAHORE: To regulate the prices of healthcare services provided by all healthcare establishments (HCE) across the... Published 30 Nov, 2023 04:53am
Nestlé contributes Rs5m to support SOS Children’s Village LAHORE: Committed to the welfare, upbringing, and education of orphaned children of Pakistan Nestlé Pakistan... Published 30 Nov, 2023 04:53am
Record of Bushra divorce: LHC removes objection on plea LAHORE: The Lahore High Court (LHC) on Wednesday removed the objection raised by the registrar office on a petition... Published 30 Nov, 2023 04:53am
Using image of caretaker CM for official campaigns: LHC disposes of petition, warns of strict action if practice repeats in future LAHORE: The Lahore High Court on Wednesday disposed of a petition of a citizen Israrul Haq after the Punjab... Published 30 Nov, 2023 04:53am
KP CM inaugurates 25KV solar system at PPC PESHAWAR: The Caretaker Chief Minister Khyber Pakhtunkhwa Former Justice Syed Arshad Hussain Shah on Wednesday... Published 30 Nov, 2023 04:53am
HBL-PSL-2024: Hasan Ali moves to Karachi Kings, Imad joins Islamabad United LAHORE: HBL PSL 5 winning captain Imad Wasim will join Islamabad United colours in the ninth edition of the... Published 30 Nov, 2023 04:53am
Competition Appellate Tribunal becomes fully functional ISLAMABAD: The Competition Appellate Tribunal has become fully functional after appointment of former Justice... Published 30 Nov, 2023 04:53am
CM Sindh inspects Civil Hospital Hyderabad HYDERABAD: Caretaker Chief Minister Sindh former justice Maqbool Baqar started the second day of his two-day visit ... Published 30 Nov, 2023 04:53am
Advocate Zafar moves SC to hear plea on general elections next week ISLAMABAD: Senior advocate Syed Zafar Ali Shah on Wednesday moved an application in the Supreme Court requesting to... Published 30 Nov, 2023 04:53am
The Weather KARACHI: The weather report on Wednesday (November 29, 2023) and the forecast for Thursday (November 30, 2023)... Published 30 Nov, 2023 04:53am
Rates Profit-taking drags index down KARACHI: Pakistan Stock Exchange on Wednesday opened on strong positive note and hit new highest-ever levels,... Published 30 Nov, 2023 04:53am
IHC acquits Nawaz in Avenfield reference ISLAMABAD: The Islamabad High Court (IHC) acquitted former prime minister and Pakistan Muslim League-Nawaz (PML-N)... Published 30 Nov, 2023 04:53am
IHC told: 22 out of over 50 missing Baloch students recovered ISLAMABAD: The Islamabad High Court (IHC) was Wednesday informed that 22 out of over 50 missing Baloch students had... Published 30 Nov, 2023 04:53am
PM approves contract extension of DG (Legal) MoITT ISLAMABAD: The government has approved one year extension in the contract appointment of Muhammad Ayub, Director... Published 30 Nov, 2023 04:53am
IK’s interim bail in Toshakhana case extended ISLAMABAD: The Accountability Court on Wednesday extended the interim bail of Pakistan Tehreek-e-Insaf (PTI) ... Published 30 Nov, 2023 04:53am
PTI intraparty polls to be held on Dec 02: Imran picks Gohar Khan for party’s chairmanship ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) announced on Wednesday that Barrister Gohar Khan would contest intraparty... Published 30 Nov, 2023 04:53am
Judge threatening case: Court rejects IK’s acquittal plea ISLAMABAD: A local court on Wednesday rejected Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan’s acquittal plea... Published 30 Nov, 2023 04:53am
PARTLY FACETIOUS: How open will the court be? “So The Man Who Must Remain Nameless will have his trial in jail.” “The judge has allowed an open trial, open... Published 30 Nov, 2023 04:53am
56th founding day marked: PPP determined to complete ‘unfinished mission’ of Bhutto, Benazir: Bilawal ISLAMABAD: Pakistan People’s Party (PPP) chairman Bilawal Bhutto-Zardari said that the PPP is not just a political... Published 30 Nov, 2023 04:53am
Hospitality management: BNU, HSHM launch joint Bachelor’s degree programme LAHORE: Beaconhouse National University (BNU) and Hashoo School of Hospitality Management (HSHM) have launched a... Published 30 Nov, 2023 04:53am
Smog: Lahore industrialists denounce registration of cases LAHORE: “Harassment and registration of cases against industrialists under the pretext of smog are unfair and... Published 30 Nov, 2023 04:53am
Foreign currency requirement for taming inflation In the year 2016 an operational limit to the debt-ceiling was introduced whereby the annual federal deficit... Updated 30 Nov, 2023 05:17am
Get rich before getting old It is said, “The future promise of any nation can be directly measured by the present prospects of its youth.”... Published 30 Nov, 2023 04:53am
Letters IK’s unending ordeal It is a fact that Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan has been caught in an unfortunate controversy,... Published 30 Nov, 2023 04:53am
Agriculture: the rising trajectory Agriculture forms the backbone of Pakistan’s economy as it provides livelihoods to almost two-thirds of the... Published 30 Nov, 2023 04:53am
Navigating petroleum pricing: Need to introduce deregulation Introduction: The intricacies of Pakistan’s oil pricing system, tethered to the fortnightly determination of prices,... Updated 30 Nov, 2023 05:20am
Stocks Wall St pares gains as rate-cut cheer ebbs after latest Fed comments NEW YORK: Wall Street’s three main indexes were muted at mid-day after a strong start on Wednesday, following... Published 30 Nov, 2023 04:53am
Stocks German shares rally as easing inflation boosts ECB rate cut bets PARIS: German shares rallied on Wednesday after better-than-expected inflation data in the euro zone’s largest... Published 30 Nov, 2023 04:53am
Stocks HK shares hit one-year low, China dips HONG KONG: Hong Kong stocks slumped to a one-year low on Wednesday, while China shares also closed lower, as food... Published 30 Nov, 2023 04:53am
Stocks Tokyo stocks end lower TOKYO: Tokyo stocks ended lower on Wednesday, as a higher yen against the dollar weighed on the market. The ... Published 30 Nov, 2023 04:53am
Stocks Nifty 50 reclaims 20,000 as blue-chips surge towards new highs BENGALURU: India’s blue-chip indexes logged their best day in two weeks on Wednesday, led by high weightage... Published 30 Nov, 2023 04:53am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 154,505 tonnes of cargo comprising 89,544 tonnes of import cargo and 64,961... Published 30 Nov, 2023 04:53am
Rates LME official prices LONDON: The following were Tuesday official prices. ========================================= ALUMINIUM... Published 30 Nov, 2023 04:53am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Wednesday (November 29, 2023). ========================== ... Published 30 Nov, 2023 04:53am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 29, 2023).... Published 30 Nov, 2023 04:53am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Wednesday (November 29, 2023). =======================================... Published 30 Nov, 2023 04:53am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (November 29, 2023). ====================================... Published 30 Nov, 2023 04:53am
Kuwait deals to add to inward FDI flows Pakistan and Kuwait sign seven agreements and three Memorandums of Understanding Updated 30 Nov, 2023 09:59am
Policy envisages transformation of non-strategic SOEs ISLAMABAD: The State-Owned Enterprises (SOEs) Ownership and Management Policy envisages that the line ministries and... Updated 30 Nov, 2023 09:39am
$3bn deposit: SFD extends term for one year KARACHI: The Kingdom of Saudi Arabia (KSA) has extended the term for a $3 billion deposit placed with Pakistan to... Updated 30 Nov, 2023 08:46am
Operation of SRO about additional tax on banks’ windfall income suspended ISLAMABAD: The Islamabad High Court (IHC), on Wednesday, suspended the SRO 1588 (1)/ 2023 of the Federal Board of... Updated 30 Nov, 2023 08:46am
PM, Kuwait’s Crown Prince agree to deepen bilateral ties KUWAIT: Caretaker Prime Minister Anwaar-ul-Haq Kakar and Crown Prince of Kuwait Sheikh Meshal Al Ahmed Al Jaber Al... Updated 30 Nov, 2023 09:40am
Defaulters’ utility connections to be cut: FBR starts serving notices with 30-day compliance time After acquiring data from the Nadra, FBR has started serving notices to people across the country and they have been given 30-day time Updated 30 Nov, 2023 07:22pm
FBR resolves Sino-Pak ‘trade gap’ issue ISLAMABAD: The Federal Board of Revenue (FBR) has resolved the issue of the trade gap between Pakistan and China, as... Updated 30 Nov, 2023 09:57am
Defaulters of govt dues, utility bills: ECP takes major decision ahead of nomination-filing ISLAMABAD: The Election Commission of Pakistan (ECP) has sought details of defaulters of government dues and utility... Updated 30 Nov, 2023 09:56am
Recycling of ships: Accession to ‘Hong Kong Convention’ approved ISLAMABAD: The Federal Cabinet has approved accession to the “Hong Kong International Convention for the safe and... Updated 30 Nov, 2023 08:47am
Carbon credit sharing: PPIB seeks MoCC’s nod ISLAMABAD: The Private Power & Infrastructure Board (PPIB) has sought consent of Ministry of Climate Change for... Updated 30 Nov, 2023 09:40am
At the rate of Rs3.53/unit for Oct 2023: Nepra agrees to allow Discos to recover Rs32.7bn additional amount ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday agreed in principle, to allow... Updated 30 Nov, 2023 09:57am
KE’s tariff adjustment period: Nepra issues addendum to clarify its decision ISLAMABAD: The National Electric Power Regulatory Authority has issued addendum to clarify its decision about... Published 30 Nov, 2023 04:53am
Energy Gas sector-related problems getting worse: audit report ISLAMABAD: Gas sector-related issues have been worsening over the years which include inter alia gas shortage due to... Published 30 Nov, 2023 04:53am
Energy OPEC+ talks continue with prospect for deeper oil cuts unclear DUBAI/LONDON: OPEC+ is continuing to hold talks on 2024 oil policy ahead of a Thursday ministerial meeting, as... Published 30 Nov, 2023 04:53am
Breach of statutory duties EDITORIAL: Supreme Court Justice Athar Minallah’s regret – that President Alvi, Punjab and KP governors, and CEC... Published 30 Nov, 2023 04:53am
Reaping the result of Dar’s stubbornness? EDITORIAL: In a spirited defence of his signature policy to control the external value of the rupee, former... Updated 30 Nov, 2023 04:27pm
Commodities Dalian iron ore extends losses SINGAPORE: Dalian iron ore futures fell for the fifth straight session on Wednesday, with market dynamics responding... Published 30 Nov, 2023 04:53am
Commodities Malaysian palm oil futures slip KUALA LUMPUR: Malaysian palm oil futures fell on Wednesday, weighed down by ringgit gains and better offers from... Published 30 Nov, 2023 04:53am
Commodities Chicago soybeans higher PARIS/CANBERRA: Chicago soybean futures edged higher on Wednesday, extending gains from the previous session, as... Published 30 Nov, 2023 04:53am
Commodities Japanese rubber futures snap 3-day winning streak SINGAPORE: Japanese rubber futures snapped a three-day rally on Wednesday, as traders reacted to discouraging... Published 30 Nov, 2023 04:53am
Commodities Gold steadies near 7-month peak on Fed rate cut bets BENGALURU: Gold steadied near its highest in about seven months on Wednesday as expectations that the US Federal... Published 30 Nov, 2023 04:53am
Commodities PMEX daily trading report KARACHI: On Tuesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR26.970... Published 30 Nov, 2023 04:53am
Energy US natural gas prices slide NEW YORK: US natural gas futures fell about 3% to a fresh two-month low on Tuesday on forecasts for less cold ... Published 30 Nov, 2023 04:53am
Commodities Copper ticks lower on firm dollar, nickel extends gains LONDON: Copper prices eased on Wednesday, hurt by a firmer dollar and persistent worries about the economy in top... Published 30 Nov, 2023 04:53am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday (November 28, 2023)... Published 30 Nov, 2023 04:53am
Cotton & Textile Cotton spot rate unchanged LAHORE: Trading on the Karachi Cotton Association (KCA) on Wednesday remained dull amid lower volume thus leading to... Published 30 Nov, 2023 04:53am
Commodities Euronext wheat regains ground PARIS: Euronext wheat futures rose on Wednesday as signs of renewed demand from Morocco added impetus to a technical... Published 30 Nov, 2023 04:53am
Energy Oil prices up in volatile trading BENGALURU: Oil prices edged higher in volatile trading on Wednesday as investors focused their attention on an... Published 30 Nov, 2023 04:53am
Commodities Gold sharply up KARACHI: Gold on Wednesday posted a big gain but silver was unmoved, traders said. Gold prices shot up by Rs2600 to... Published 30 Nov, 2023 04:53am
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 30 Nov, 2023 04:53am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday ... Published 30 Nov, 2023 04:53am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Wednesday (November 29, 2023). ======================== Open ... Published 30 Nov, 2023 04:53am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (November 29, 2023).... Published 30 Nov, 2023 04:53am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (November 29, 2023)... Published 30 Nov, 2023 04:53am
OECD trims global growth forecast PARIS: The world economy is likely headed for a soft landing next year, the OECD said Wednesday as it pared back its... Published 30 Nov, 2023 04:53am
Money & Banking Solar panel importers: Banks penalised for failing to check money laundering, over-invoicing ISLAMABAD: The State Bank of Pakistan (SBP) has imposed penalties on certain banks for not checking massive money... Published 30 Nov, 2023 04:53am
Sugar mills: FBR monitoring teams deputed ISLAMABAD: The monitoring teams of the Federal Board of Revenue’s (FBR) field formations have been deputed on sugar... Published 30 Nov, 2023 04:53am
GSP Plus termed ‘a template for mutually beneficial economic cooperation’ ISLAMABAD: Caretaker Foreign Minister Jalil Abbas Jilani has termed the GSP Plus as a template for mutually... Published 30 Nov, 2023 04:53am
Companies Too big to ignore: this partner at Dubai-based VC firm has a ‘long-term view’ on markets like Pakistan Sacha Haider, who sees 5-10 pitchdecks a week from different markets, believes UAE and Dubai’s B2G model is perfectly viable for Pakistan as well Updated 30 Nov, 2023 10:28am
Textile manufacturer secures insurance claim LAHORE: A manufacturer of textile products has secured insurance claim along with liquidated damages against a ... Published 30 Nov, 2023 04:53am
7 chambers of commerce of southern Punjab gather together on one platform LAHORE: Seven chambers of Commerce of South Punjab have come together on a platform for the economic development of... Published 30 Nov, 2023 04:53am
Pakistan must penetrate market under ‘Look Africa’ policy: S. Africa HC FAISALABAD: Pakistan’s share in the $100 billion import market of South Africa is quite negligible and the private... Published 30 Nov, 2023 04:53am
Saudi wealth fund scoops up 10pc of London Heathrow airport LONDON: Saudi Arabia’s sovereign wealth fund is to buy ten percent of London’s Heathrow airport from Spanish... Published 30 Nov, 2023 04:53am
Sri Lanka announces nearly $6bn bilateral debt deal COLOMBO: Sri Lanka on Wednesday said it had reached an “agreement in principle” with its lenders, including... Published 30 Nov, 2023 04:53am
Money & Banking Dollar rallies from 3-1/2-month low NEW YORK: The dollar on Wednesday climbed from its lowest level in more than three months as investors consolidated... Published 30 Nov, 2023 04:53am
Money & Banking Yuan firms on prospects for US rate cuts SHANGHAI: China’s yuan firmed to its strongest against the US dollar in five months on Wednesday, as the dollar... Published 30 Nov, 2023 04:53am