UN General Assembly overwhelmingly demands Gaza ceasefire GAZA STRIP, (Palestinian Territories): Pressure intensified on Israel on Tuesday as US President Joe Biden warned it... Published 14 Dec, 2023 05:24am
Climate summit adopts world-first ‘transition’ from fossil fuels DUBAI: Nearly 200 nations meeting in Dubai on Wednesday approved a first-ever call for the world to transition away... Published 14 Dec, 2023 05:24am
Welsh first minister to quit in latest UK political change LONDON: Welsh First Minister Mark Drakeford announced his resignation on Wednesday, heralding another political... Published 14 Dec, 2023 05:24am
Israel suffers worst combat losses since Oct, diplomatic isolation CAIRO/GAZA/JERUSALEM: Israel announced its worst combat losses for more than a month on Wednesday after an ambush in... Published 14 Dec, 2023 05:24am
South Asia Taliban intelligence forces detain Afghan journalist NEW YORK: The Taliban must immediately and unconditionally release journalist Abdul Rahim Mohammadi and stop... Published 14 Dec, 2023 05:24am
Google announces 2023 top 10 trending news KARACHI: Google Year in Search 2023 for Pakistan shows how interested and involved people are across the country as ... Published 14 Dec, 2023 05:24am
South Asia Smoke attack disrupts Indian parliament, four arrested NEW DELHI: India’s parliament was halted Wednesday after a major security breach that saw two people disrupt... Published 14 Dec, 2023 05:24am
IGI Holdings Limited – A Trusted Pioneer in Insurance, Protection, and Financial Planning In the ever-evolving landscape of financial services, finding a comprehensive solution that caters to insurance,... Published 14 Dec, 2023 05:24am
Life Insurance - Ripe for Change, Dr. Bakht Jamal Shaikh, Director Ops. & Legal – Adamjee Life People generally perceive life insurance as a vehicle for savings and investments instead of its core purpose of... Published 14 Dec, 2023 05:24am
Status of Motor Third-Party Insurance in Pakistan: Importance of Motor Third-Party Insurance: In most parts of the world, including the United States, Canada, Australia, France, Malaysia, India, and Pakistan,... Published 14 Dec, 2023 05:24am
Issuance of Subordinated Debt Securities by Insurance Companies and Treatment for Solvency Purposes Introduction: This concept paper revolves around the issuance of subordinated debt by insurance companies and... Published 14 Dec, 2023 05:24am
National Insurance Company Limited (NICL), Khalid Hamid B.E, ACII & Chartered Insurer (CII - UK) Certified Director CEO, NICL National Insurance Company Limited is the national flag carrier in the field of general insurance and is fully owned... Published 14 Dec, 2023 05:24am
Adamjee Insurance: Muhammad Ali Zeb MD & CEO, Adamjee Insurance Congratulations to the Securities & Exchange Commission of Pakistan on the successful launch of your five-year... Published 14 Dec, 2023 05:24am
The Future of Insurance in Pakistan, Navigating Challenges, Fostering Resilience: Mohammed Ali Ahmed, Managing Director & Chief Executive EFU Life Assurance Ltd “I congratulate the Chairman, Commissioner (Insurance), and the Insurance Division SECP for organizing the... Published 14 Dec, 2023 05:24am
Journey to an Insured Pakistan - Five-Year Strategic Plan Securities and Exchange Commission of Pakistan (SECP) conducted a review of the international practices of insurance... Published 14 Dec, 2023 05:24am
International InsureImpact Conference 2023: Aamir Khan, Commissioner, Securities and Exchange Commission of Pakistan With great enthusiasm I announce the unveiling of the 1st five-year draft strategic plan for the insurance sector by... Published 14 Dec, 2023 05:24am
International InsureImpact Conference 2023: Akif Saeed, Chairman, Securities and Exchange Commission of Pakistan I am honoured to extend warm greetings to all stakeholders, participants and insurance enthusiasts for the upcoming... Published 14 Dec, 2023 05:24am
International InsureImpact Conference 2023: Dr Shamshad akhtar, Caretaker Federal Minister for Finance, Revenue, and Economic Affairs I extend my appreciation to the Securities and Exchange Commission of Pakistan (SECP) for hosting the International... Published 14 Dec, 2023 05:24am
ARL rejects news item on APL’s non-uplifting ISLAMABAD: The Attock Refinery Limited (ARL) stated on Wednesday that for the last five months starting July 2023 ... Published 14 Dec, 2023 05:24am
Bail plea of IK in Toshakhana case rejected ISLAMABAD: The Accountability Court, on Wednesday, rejected former Prime Minister Imran Khan’s plea seeking bail ... Published 14 Dec, 2023 05:24am
Bilawal underscores need for greater political unity to combat terrorism PESHAWAR: Expressing concern that militancy was again raising its head in Pakistan, former foreign minister and PPP... Published 14 Dec, 2023 05:24am
Test series against Australia starts today: Shaheen appointed vice-captain LAHORE: Fast bowler Shaheen Shah Afridi has been appointed vice-captain of the Pakistan Test Team for the series... Published 14 Dec, 2023 05:24am
Cantt and Model Town Divisions: Lahore police chief reviews law and order situation LAHORE: The Capital City Police Office hosted a performance review meeting for Cantt and Model Town Divisions,... Published 14 Dec, 2023 05:24am
Punjab prone to polio virus reinfections due to population movement: EOC LAHORE: “Provincial districts located on the boundary with other provinces are more prone to polio virus... Published 14 Dec, 2023 05:24am
‘Chrysanthemum, Autumn Flower Show’ held at UAF FAISALABAD: The University of Agriculture Faisalabad has organized Chrysanthemum and Autumn Flower show that ... Published 14 Dec, 2023 05:24am
Corps Commander House attack case: ATC extends judicial remand of 64 accused LAHORE: The Anti-Terrorism Court (ATC) on Wednesday extended the judicial remand of 64 accused in Corps Commander... Published 14 Dec, 2023 05:24am
Climate change: Govt starts collaboration with other S. Asian states LAHORE: Pakistan has started collaborating with other South Asian countries to share knowledge, resources and... Published 14 Dec, 2023 05:24am
5PFT announces initiative to make Hajj, Umrah affordable KARACHI: 5th Pillar Family Takaful Limited (5PFTL), a pioneering force in the Takaful sector with a vision to ... Published 14 Dec, 2023 05:24am
ATC allows police to interrogate PTI leaders in jail LAHORE: The Anti-Terrorism Court (ATC) on Wednesday allowed police to investigate PTI leaders Ijaz Chaudhry and Umar... Published 14 Dec, 2023 05:24am
Govt urged for fire safety audit of buildings KARACHI: The concerned members of civil society have demanded that the government should conduct proper safety ... Published 14 Dec, 2023 05:24am
IK seeks recusal of IHC CJ from hearing of his cases ISLAMABAD: Former chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Wednesday filed an application seeking... Published 14 Dec, 2023 05:24am
Open-air gym at Pak-China Friendship Park opened KARACHI: Mayor Karachi Barrister Murtaza Wahab has said that the People's Republic of China always played a key role... Published 14 Dec, 2023 05:24am
PCB awards Rs3.6m cash prizes to ‘Pakistan Wheelchair Cricket’ team LAHORE: Chairman PCB Management Committee, Zaka Ashraf awarded a cash prize of Rs 3.6 million to the Pakistan... Published 14 Dec, 2023 05:24am
PFA discards 300 sick chickens LAHORE: The Punjab Food Authority (PFA) on Wednesday discarded hundreds of kilograms of emaciated and sick broiler... Published 14 Dec, 2023 05:24am
President for raising awareness about ‘ZARRA Act’ ISLAMABAD: President Dr Arif Alvi has underscored the need for raising awareness about the ZARRA Act and its... Published 14 Dec, 2023 05:24am
IK, Qureshi indicted in cipher case ISLAMABAD: The special court, on Wednesday, indicted Pakistan Tehreek-e-Insaf (PTI) former chairman Imran Khan and... Published 14 Dec, 2023 05:24am
PTI terms SC decision a ‘judicial coup’ ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Wednesday termed the Supreme Court of Pakistan’s decision a judicial... Published 14 Dec, 2023 05:24am
Civilians’ trial by military courts: Six-judge bench suspends order of 5-judge bench ISLAMABAD: The Supreme Court by a majority of 5-1 suspended the order of its five-judge bench, which had stayed the... Published 14 Dec, 2023 05:24am
PM for ‘no surrender, no retreat’ policy on terrorism DERA ISMAIL KHAN: Caretaker Prime Minister Anwaar-ul-Haq Kakar said on Wednesday that terrorists had already lost ... Published 14 Dec, 2023 05:24am
Exercise Indus Shield: Air Chief praises participation of Turkish Air Force ISLAMABAD: Air Chief Marshal Zaheer Ahmed Baber Sidhu on Wednesday appreciated the participation of Turkish Air ... Published 14 Dec, 2023 05:24am
Commonwealth Secretariat team meets PTI Chairman ISLAMABAD: A day after the Australian High Commissioner met the newly-elected chairman Pakistan Tehreek-e-Insaf ... Published 14 Dec, 2023 05:24am
President for raising awareness about ‘ZARRA Act’ ISLAMABAD: President Dr Arif Alvi has underscored the need for raising awareness about the ZARRA Act and its... Published 14 Dec, 2023 05:24am
New buildings: Conservation of rainwater may be made mandatory ISLAMABAD: The government is likely to make conservation of rainwater mandatory for new commercial and residential... Published 14 Dec, 2023 05:24am
Team Europe signs €179m accord on new climate initiative in Punjab ISLAMABAD: As a part of the Team Europe Initiative, “Building Back Better Through Green Jobs Creation,” ... Published 14 Dec, 2023 05:24am
Sports & adventure tourism: President for effective regulation, improved infrastructure ISLAMABAD: President Dr Arif Alvi said Pakistan had immense potential for sports and adventure tourism, however,... Published 14 Dec, 2023 05:24am
Senate panel asks ministry to begin work on B’stan gas fields ISLAMABAD: Rejecting the claims of state-owned Oil and Gas Development Company Limited (OGDCL) that security is the... Published 14 Dec, 2023 05:24am
Case adjourned till 19th: ECP officials visit Adiala Jail to conduct trial of IK, Chaudhry ISLAMABAD: In an unprecedented move, the members of Election Commission of Pakistan (ECP) visited Adiala Jail... Published 14 Dec, 2023 05:24am
Vice Admiral Ovais appointed Vice Chief of Naval Staff ISLAMABAD: Vice Admiral Ovais Ahmed has been appointed Vice Chief of the Naval Staff with immediate effect. The... Published 14 Dec, 2023 05:24am
PTI says will hold ‘first-ever’ virtual public meeting on 17th ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Secretary General Omar Ayub Khan on Wednesday announced to hold a first... Published 14 Dec, 2023 05:24am
Those conspired against PML-N govt must be taken to task: Nawaz LAHORE: Emphasizing the need for waging ‘joint efforts’ to alleviate the sufferings of the people, the PML-N... Published 14 Dec, 2023 05:24am
French envoy hosts award ceremony of ‘Francophonie Contest’ ISLAMABAD: Ambassador of France Nicolas Galey hosted the award ceremony of the 2023 Francophonie Contest at his... Published 14 Dec, 2023 05:24am
COP28: emerging role of nuclear power Nuclear power is a zero carbon source of energy, meaning that during its operations, no carbon is produced or... Published 14 Dec, 2023 05:24am
Rates PSX enters ‘correction’ phase KARACHI: Pakistan Stock Exchange on Wednesday opened on a positive note, however heavy selling pressure forced the... Published 14 Dec, 2023 05:24am
Energy Petroleum Division briefs Senate: Ogra law amendment has helped govt collect Rs250bn more revenue ISLAMABAD: The amendment in the Oil and Gas Regulatory Authority (Ogra) Ordinance, 2002 on March 3, 2022, paved the... Published 14 Dec, 2023 05:24am
Energy Ogra’s public hearing on 18th ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) will hold a public hearing at PC Hotel in Karachi on December... Published 14 Dec, 2023 05:24am
PARTLY FACETIOUS: The tale of two Samdhis “The terms of reference for all are very clear.” “All as in who exactly?” “Well, the caretakers for... Published 14 Dec, 2023 05:24am
Pakistan’s promising economic outlook The finance division’s ‘monthly economic outlook report’ for the month of November reveals that Pakistan’s... Published 14 Dec, 2023 05:24am
So they’ll flood the tunnels now? You have to see it to believe it, but it seems one of the unintended casualties of Israel’s genocide in Gaza is... Published 14 Dec, 2023 05:24am
Letters ‘We salute heroism of our soldiers’ This is apropos a letter to the Editor “We salute heroism of our soldiers” carried by this newspaper yesterday.... Published 14 Dec, 2023 05:24am
Stocks HABIBMETRO honoured at PSX Top 25 Companies Awards 2022 KARACHI: HABIBMETRO is honoured to have been recognised at the prestigious PSX Top 25 Companies Awards 2022. The... Published 14 Dec, 2023 05:24am
Stocks Wall St edges up on cooling inflation NEW YORK: Wall Street’s main indexes gained on Wednesday after new data indicated inflation pressures were easing,... Published 14 Dec, 2023 05:24am
Stocks European shares subdued as markets look to Fed decision PARIS: European shares were subdued on Wednesday as investors broadly stayed away from risky bets ahead of the... Published 14 Dec, 2023 05:24am
Stocks China stocks decline as policy signals fail to cheer investors HONG KONG: China stocks snapped a three-day rally on Wednesday, with Hong Kong shares also declining as key messages... Published 14 Dec, 2023 05:24am
Stocks Indian shares muted as IT stocks weigh BENGALURU: India’s benchmark indexes were muted on Wednesday, weighed down by a drop in information technology ... Published 14 Dec, 2023 05:24am
Energy US natural gas futures drop NEW YORK: US natural gas futures fell about 5% to a six-month low on Tuesday on record output and forecasts for... Published 14 Dec, 2023 05:24am
Energy Oil prices higher NEW YORK: Oil prices edged up about 1% on Wednesday from a five-month low in the prior session on a much... Published 14 Dec, 2023 05:24am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 109,882 tonnes of cargo comprising 57,684 tonnes of import cargo and 52,198... Published 14 Dec, 2023 05:24am
Commodities Gold creeps higher on weaker US bond yields BENGALURU: Gold prices edged up on Wednesday, buoyed by weaker Treasury yields, but bullion was still near its ... Published 14 Dec, 2023 05:24am
Commodities Malaysian palm oil falls on slowing exports MUMBAI: Malaysian palm oil futures dropped more than 1% on Wednesday due to slowing exports and concerns about... Published 14 Dec, 2023 05:24am
Commodities Copper slides on firmer dollar BEIJING: Copper prices slid on Wednesday as the dollar gained ahead of an interest rate decision by the US Federal... Published 14 Dec, 2023 05:24am
Commodities Iron ore retreats as hopes of strong China stimulus weaken BEIJING: Iron ore futures retreated on Wednesday as investors became wary of possible downside risks after stimulus... Published 14 Dec, 2023 05:24am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (December 13, 2023)... Published 14 Dec, 2023 05:24am
Cotton & Textile Sluggish business on cotton market LAHORE: The trading in the local market on Wednesday remained dull and the trading volume remained very low. Cotton... Published 14 Dec, 2023 05:24am
ADB explains why recovery is still constrained Says Pakistan’s inflation rate is expected to ease amid fiscal consolidation and monetary tightening Updated 14 Dec, 2023 09:58am
Ordinance promulgated to check power theft ISLAMABAD: President Dr Arif Alvi promulgated, “The Criminal Law (Amendment) Ordinance, 2023” to make more... Published 14 Dec, 2023 05:24am
World Bank says external debt stocks at $126.942bn by end 2022 ISLAMABAD: The World Bank (WB) has estimated Pakistan’s total external debt stocks at $126.942 billion by end 2022... Updated 14 Dec, 2023 08:55am
Cabinet approves first-ever ‘National Space Policy’ ISLAMABAD: The Federal Cabinet on Wednesday approved Pakistan’s first ever “National Space Policy” aimed at... Updated 14 Dec, 2023 08:37am
Fertilizer at notified rates directed: Energy price hike propelled inflation to 29.2pc in Nov, ECC told ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday directed the relevant ministries to... Updated 14 Dec, 2023 09:13am
Fitch maintains foreign currency IDR rating at CCC ISLAMABAD: Fitch rating agency maintained Pakistan’s long-term foreign-currency issuer default rating (IDR) at... Published 14 Dec, 2023 05:24am
Govt borrows Rs2.151trn via auction for MTBs KARACHI: The federal government on Wednesday borrowed Rs 2.151 trillion through sale of short-term security papers.... Published 14 Dec, 2023 05:24am
Special panel formed to resolve issue of wheeling charges ISLAMABAD: The Cabinet Committee on Energy (CCoE) has constituted a special panel headed by Caretaker Finance... Updated 14 Dec, 2023 09:07am
Thar coal-fired plant of SEL: KE supports competitive bidding ISLAMABAD: The K-Electric has supported competitive bidding of 300 MW Thar coal-fired power plant of Siddiqsons... Updated 14 Dec, 2023 09:56am
Thar coal-fired power project: PPIB announces financial close ISLAMABAD: The Private Power and Infrastructure Board (PPIB) on Wednesday announced financial closing of the... Updated 14 Dec, 2023 09:35am
Industry Insurance industry: Shamshad for significant transformation KARACHI: The Securities and Exchange Commission of Pakistan’s (SECP) two-day International InsureImpact Conference... Updated 14 Dec, 2023 09:12am
FBR sets up body to resolve issue of pending refunds ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a committee for the resolution of pending income tax... Updated 14 Dec, 2023 09:55am
Energy Q2, Q3 of FY 2022-23: KE consumers likely to pay additional Rs1.72 per unit ISLAMABAD: The government has decided to recover Rs 1.72 per unit from the K-Electric consumers for second and third... Updated 14 Dec, 2023 09:11am
Power plants: Delay in clearance of Rs55bn dues jeopardises operations: SECMC KARACHI: The delay in clearing the outstanding balance of Rs 55 billion by power plants to Sindh Engro Coal Mining... Updated 14 Dec, 2023 09:36am
Poly bags for sugar, cement and wheat: PBC urges Shamshad to make QR-Code printing mandatory ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar has been requested to make mandatory printing of QR-Code on... Published 14 Dec, 2023 05:24am
Taxes Facilitation at business place: FTO directs FBR not to change jurisdiction of taxpayers ISLAMABAD: The Federal Tax Ombudsman (FTO) Wednesday issued a landmark order on jurisdiction of taxpayers and... Published 14 Dec, 2023 05:24am
Commodities Gold prices fall KARACHI: Gold prices on Wednesday saw a further downturn on the local market with silver inching down, traders ... Published 14 Dec, 2023 05:24am
Women’s Financial Inclusion: Mobilink Bank, Unikrew Solutions collaborate thru USAID-funded initiative ISLAMABAD: Pakistan’s leading digital microfinance bank, Mobilink Bank, has joined forces with a prominent fintech... Published 14 Dec, 2023 05:24am
Karandaaz and Bank Alfalah join hands to scale up female agent network KARACHI: Bank Alfalah, one of the largest commercial banks in Pakistan signed an agreement with Karandaaz to expand... Published 14 Dec, 2023 05:24am
Ijarah Sukuk issuance for GoP: Meezan Bank acts as joint financial advisor KARACHI: Meezan Bank, a pioneer in Islamic banking, acted as lead Joint Financial Advisor in the groundbreaking... Published 14 Dec, 2023 05:24am
Punjab surpasses 2023-24 wheat cultivation target LAHORE: The Punjab province has surpassed the wheat cultivation target of 16 million acres set for the year 2023-24... Published 14 Dec, 2023 05:24am
Developing countries spent record $443.5bn to service public debts in 2022: World Bank WASHINGTON: Developing countries spent nearly half a trillion dollars to service their external public and publicly... Published 14 Dec, 2023 05:24am
NAB reforms EDITORIAL: About time NAB (National Accountability Bureau) made “fundamental changes” to its procedures to ... Published 14 Dec, 2023 05:24am
Monetary policy blues EDITORIAL: The Monetary Policy Committee (MPC) in its meeting of 12 December 2023 kept the discount rate unchanged... Published 14 Dec, 2023 05:24am
Commodities Paris wheat futures rise PARIS: Euronext wheat futures rose on Tuesday, supported by a rally in Chicago and an upturn in international demand... Published 14 Dec, 2023 05:24am
Commodities Japan rubber futures slide TOKYO: Japanese rubber futures slid on Wednesday, tracking a retreat in the Shanghai market amid concerns over ... Published 14 Dec, 2023 05:24am
Commodities PMEX daily trading report KARACHI: On Tuesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 17.114... Published 14 Dec, 2023 05:24am