Industry SECP warns public against illegal investment schemes of Prime Zone ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has observed that Prime Zone and its owner,... Published 21 Dec, 2023 03:54am
Licences of firewalls, switches: MoITT seeks PPRA relaxation for renewal ISLAMABAD: Around 32 ministries/divisions are at high risk and vulnerable to cyber threats and potential disruption... Published 21 Dec, 2023 03:54am
Fawad Chaudhry given into 10-day NAB remand ISLAMABAD: An Accountability Court on Wednesday granted the National Accountability Bureau (NAB) 10-day physical... Published 21 Dec, 2023 03:54am
Two KPK medical colleges upgraded to universities PESHAWAR: Caretaker Prime Minister, Anwaar-ul-Haq Kakar here on Wednesday announced upgradation of Khyber Medical... Published 21 Dec, 2023 03:54am
Kuwait emir rebukes parliament, cabinet in inaugural speech KUWAIT CITY: Kuwait’s new emir Sheikh Meshal al-Ahmed al-Sabah on Wednesday criticised parliament and cabinet for... Published 21 Dec, 2023 03:54am
Europe Putin orders transfer of OMV, Wintershall Dea stakes in Russian ventures MOSCOW/FRANKFURT: Russian President Vladimir Putin has ordered that Wintershall Dea and OMV be stripped of... Published 21 Dec, 2023 03:54am
South Asia India’s Gujarat signs investment pacts worth $18.75bn with several firms AHMEDABAD: Companies across many sectors on Wednesday signed initial investment pacts totalling $18.75 billion for... Published 21 Dec, 2023 03:54am
Europe Macron faces cracks in his govt over migration law PARIS: French President Emmanuel Macron faced cracks within his ruling alliance on Wednesday after parliament passed... Published 21 Dec, 2023 03:54am
Europe EU agrees ‘historic’ reform of asylum laws BRUSSELS: The EU on Wednesday agreed to an overhaul of its asylum system that includes more border detention centres... Published 21 Dec, 2023 03:54am
Russia, Arab League demand UN ceasefire for Gaza MARRAKESH: Russia and the Arab League called jointly on Wednesday for a UN ceasefire resolution for the Israel-Hamas... Published 21 Dec, 2023 03:54am
Arshi Shopping Mall fire incident: SWTI offers assistance to help rehabilitate shops KARACHI: Silani Welfare Trust International (SWTI) has offered financial assistance for the rehabilitation of 348... Published 21 Dec, 2023 03:54am
Elections: ECP Sindh starts receiving nomination papers KARACHI: The Election Commission of Pakistan (ECP) Sindh on Wednesday kicked-off the process of receiving nomination... Published 21 Dec, 2023 03:54am
The Weather KARACHI: The weather report on Wednesday (December 20, 2023) and the forecast for Thursday (December 21, 2023)... Published 21 Dec, 2023 03:54am
Delimitation doesn’t hold same immediacy as conduct of polls does: SC ISLAMABAD: The Supreme Court held that the delimitation of a constituency, although significant for ensuring fair ... Published 21 Dec, 2023 03:54am
‘Code of conduct’ unveiled by ECP: Country moves a step closer to general election ISLAMABAD: Faced with strong criticism from majority of mainstream political parties over its alleged failure in... Published 21 Dec, 2023 03:54am
SC forms larger bench to hear lifetime disqualifications case ISLAMABAD: The Supreme Court of Pakistan has constituted a larger bench to take up the case related to lifetime... Published 21 Dec, 2023 03:54am
Ex-BNA commander surrenders with 70 companions QUETTA: Sarfaraz Bangalzai, a former commander of the banned Baloch Nationalist Army (BNA), along with his 70... Published 21 Dec, 2023 03:54am
SSUET holds seminar on mental health KARACHI: Senator Dr Karim Ahmed Khawaja (Chairman Sindh Mental Health Authority) said that there are two important... Published 21 Dec, 2023 03:54am
AGP informs IHC: PM Office don’t allow ISI, IB to record conversations ISLAMABAD: The Islamabad High Court (IHC) was informed that the Prime Minister’s Office has not allowed any... Published 21 Dec, 2023 03:54am
Crimes of Israel: Pakistan, Iran for coordinated efforts by Islamic states ISLAMABAD: Pakistan and Iran emphasized the need for coordinated efforts by the Islamic countries to bring an end to... Published 21 Dec, 2023 03:54am
Man held over charge of firing RAWALPINDI: Rawalpindi Police on Wednesday arrested 28 years old young man for firing at the airport road at the... Published 21 Dec, 2023 03:54am
In-camera proceedings: IHC issues notices to FIA in IK’s plea ISLAMABAD: The Islamabad High Court (IHC) on Wednesday issued notices to the Federal Investigation Agency (FIA) in a... Published 21 Dec, 2023 03:54am
General Sahir meets Jordanian King RAWALPINDI: General Sahir Shamshad Mirza, Chairman Joint Chiefs of Staff Committee, who is on an official visit to... Published 21 Dec, 2023 03:54am
‘Facility of renewing licenses will be available online’ LAHORE: Punjab Information Technology Board (PITB) Chairman Faisal Yousaf said that soon the facility of renewing... Published 21 Dec, 2023 03:54am
Motorways, highways: Efforts on to complete countrywide schemes within time frame: NHA chief ISLAMABAD: National Highways Authority (NHA) Chairman Arshad Majeed Mohmand has said that the Authority is trying ... Published 21 Dec, 2023 03:54am
DC H’bad reviews supply of drinking water during closure of canals HYDERABAD: Divisional Commissioner Hyderabad Syed Khalid Hyder Shah has directed the officers of Irrigation... Published 21 Dec, 2023 03:54am
Aleem Khan to contest from Lahore LAHORE: President Istehkam-e-Pakistan Party Abdul Aleem Khan will contest coming general elections from Lahore for... Published 21 Dec, 2023 03:54am
Toshakhana reference: AC summons Imran Khan & Bushra Bibi on 23rd ISLAMABAD: The Accountability Court on Wednesday summoned Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan and his... Published 21 Dec, 2023 03:54am
Toshakhana case against Nawaz, Zardari, Gilani: AC directs NAB to submit report in four days ISLAMABAD: The Accountability Court hearing Toshakhana case against Pakistan Muslim League-Nawaz (PML-N) Supremo... Published 21 Dec, 2023 03:54am
Two cops injured in blast at ex-CJP’s home KARACHI: Two policemen were injured in a blast at former chief justice of Pakistan (CJP) Saqib Nisar’s Lahore... Published 21 Dec, 2023 03:54am
Mandviwalla visits Kuwait embassy, expresses condolences ISLAMABAD: Chief Whip of Pakistan People’s Party (PPP) in the Senate of Pakistan Senator Saleem Mandviwalla ... Published 21 Dec, 2023 03:54am
Rain likely across Sindh tomorrow KARACHI: A mild westerly wave is likely to trigger rain in several districts of Sindh on Friday but dry and chilly... Published 21 Dec, 2023 03:54am
CNH Industrial donates tractors and engines KARACHI: In a significant development, CNH Industrial, a global agricultural machinery company, under the patronage... Published 21 Dec, 2023 03:54am
UNGA adopts Pakistan-sponsored flagship resolution ISLAMABAD: The United Nations General Assembly (UNGA) has adopted the Pakistan-sponsored flagship resolution on the... Published 21 Dec, 2023 03:54am
Alleged association with PML-N: ECP to hear plea seeking removal of privatisation minister today ISLAMABAD: The Election Commission of Pakistan (ECP) will hold a hearing on a petition filed against the removal of... Published 21 Dec, 2023 03:54am
RO plants: CM orders completion of inquiries against ‘erring’ firm KARACHI: Caretaker Sindh Chief Minister Former Justice Maqbool Baqar visited 2 MGD River Osmos Plant Mithi and 1.5... Published 21 Dec, 2023 03:54am
UAF holds workshop FAISALABAD: The agricultural scientists and experts must pace up their efforts to ensure food security in order to... Published 21 Dec, 2023 03:54am
Need for building bridges between Afghanistan, Pakistan stressed ISLAMABAD: The need for building bridges between Afghanistan and Pakistan has never been as great as it is today as... Published 21 Dec, 2023 03:54am
Punjab govt to distribute 10,000 e-bikes among students LAHORE: In a move to address environmental concerns in the provincial metropolis, the Punjab government has unveiled... Updated 21 Dec, 2023 10:39am
NTDC officer secures 1st position in senior management course LAHORE: An officer of National Transmission & Despatch Company Limited (NTDC) has secured 1st position in the... Published 21 Dec, 2023 03:54am
PFA lodges FIR against owner of a ‘Nimko’ unit LAHORE: The Punjab Food Authority (PFA) on Wednesday lodged a First Information Report (FIR) against a Nimko... Published 21 Dec, 2023 03:54am
DIC3 centres being established in 19 Punjab cities LAHORE: The undertraining ASPs of the 51st common training programme delegation study tour of the Punjab Safe Cities... Published 21 Dec, 2023 03:54am
KP finalises Health Security Action Plan 2024-2028 PESHAWAR: The Technical Group in Khyber Pakhtunkhwa, under the leadership of Director General Health Services,... Published 21 Dec, 2023 03:54am
Nawaz says quite optimistic about party’s electoral prospects LAHORE: Pakistan Muslim League-Nawaz (PML-N) Quaid Nawaz Sharif has said that the country’s economic indicators... Published 21 Dec, 2023 03:54am
Solangi for unity in recognising CPEC as ‘transformative force’ ISLAMABAD: Caretaker Minister for Information and Broadcasting Murtaza Solangi on Wednesday called for unity in... Published 21 Dec, 2023 03:54am
General elections 2024: PML-N asks candidates to submit nomination papers ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) has formally directed candidates from across the country to submit... Published 21 Dec, 2023 03:54am
Islamabad, Lahore & Mianwali: Imran to contest from 3 constituencies ‘at least’ ISLAMABAD: As the crackdown on Pakistan Tehreek-e-Insaf (PTI) leaders continued unabated, the jailed founding... Published 21 Dec, 2023 03:54am
Fake PHD Degree: Ex-CEO of drug regulatory authority arrested ISLAMABAD: Federal Investigation Agency (FIA) on Wednesday arrested former Chief Executive Officer (CEO) of Drugs... Published 21 Dec, 2023 03:54am
Rates PSX stays bearish KARACHI: A bearish trend continued on Pakistan Stock Exchange on Wednesday due to heavy selling by local and foreign... Published 21 Dec, 2023 03:54am
ECP squashes ‘rumours’ ISLAMABAD: The Election Commission of Pakistan (ECP) on Wednesday dismissed media misinformation about Hafizabad... Published 21 Dec, 2023 03:54am
Pakistan’s Aramco deal Pakistan’s economy is on an upward trajectory, capturing the attention of the global community. This positive... Published 21 Dec, 2023 03:54am
Perfect storm Who could’ve known that Yemeni Houthis, battered and broken after almost a decade of ugly war, will light the fuse... Published 21 Dec, 2023 03:54am
PARTLY FACETIOUS: We have a tendency to delay “The airwaves are talking of nothing but…” “Airwaves operate under an occupational hazard – they cannot... Published 21 Dec, 2023 03:54am
Letters India’s SC must review its J&K verdict Hats off to one of our former Supreme Court judges, Justice Madan Lokur, who has, in my view, successfully exposed... Published 21 Dec, 2023 03:54am
Stocks PSX holiday KARACHI: Pakistan Stock Exchange Limited will remain closed on Monday (December 25, 2023 being public holiday... Published 21 Dec, 2023 03:54am
Stocks S&P 500, Dow muted as rate-cut rally sputters NEW YORK: The benchmark S&P 500 and the blue-chip Dow were nearly flat on Wednesday as investors took a breather... Published 21 Dec, 2023 03:54am
Stocks FTSE 100 touches near 7-month high LONDON: British equities jumped on Wednesday as investors cheered a surprise drop in domestic inflation, which... Published 21 Dec, 2023 03:54am
Stocks China stocks drop as stimulus optimism fades HONG KONG: China’s blue-chip stocks hit a near 4-year low on Wednesday, as investors are gradually losing hopes ... Published 21 Dec, 2023 03:54am
Stocks Tokyo stocks close higher TOKYO: Tokyo stocks closed higher on Wednesday helped by a relatively cheaper yen against the dollar after the Bank... Published 21 Dec, 2023 03:54am
Stocks India’s Nifty posts worst session in nine months BENGALURU: India’s benchmark Nifty 50 posted its worst session in nine months on Wednesday as investors booked... Published 21 Dec, 2023 03:54am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 121,259 tonnes of cargo comprising 60,443 tonnes of import cargo and 60,816... Published 21 Dec, 2023 03:54am
Commodities Gold prices end easy BENGALURU: Gold holds steady as markets count on Fed rate cuts Gold prices steadied above the key $2,000 level on... Published 21 Dec, 2023 03:54am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (December 20, 2023)... Published 21 Dec, 2023 03:54am
Cotton & Textile Cotton market: Slow business as mills sideline in absences of leads LAHORE: The trading in the local market on Wednesday remained dull and the trading volume remained very low. Cotton... Published 21 Dec, 2023 03:54am
Rates LME official prices LONDON: The following were Tuesday official prices. ========================================= ALUMINIUM... Published 21 Dec, 2023 03:54am
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 21 Dec, 2023 03:54am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Wednesday (December 20, 2023). ========================== ... Published 21 Dec, 2023 03:54am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday ... Published 21 Dec, 2023 03:54am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Wednesday (December 20, 2023). ======================== Open ... Published 21 Dec, 2023 03:54am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (December 20, 2023).... Published 21 Dec, 2023 03:54am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 20, 2023).... Published 21 Dec, 2023 03:54am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (December 20, 2023)... Published 21 Dec, 2023 03:54am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Wednesday (December 20, 2023). =======================================... Published 21 Dec, 2023 03:54am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (December 20, 2023). ====================================... Published 21 Dec, 2023 03:54am
Pakistan eschews ‘bloc politics’, COAS tells US think tanks ISLAMABAD: Chief of Army Staff (COAS) General Asim Munir hoped to develop Pakistan as a hub of connectivity and a... Updated 21 Dec, 2023 08:35am
Increase in power rates allowed countrywide ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has allowed federal government on Wednesday to... Updated 21 Dec, 2023 09:54am
Payment of KE arrears: ECC approves Rs57bn advanced subsidy ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved Rs57 billion advanced subsidy for... Updated 21 Dec, 2023 08:36am
Eyeing Rs110bn funding: Govt gearing up to unveil another sukuk auction calendar KARACHI: In a bid to strengthen its financial standing, the government of Pakistan is gearing up to unveil yet... Updated 21 Dec, 2023 08:37am
Application of additional cost to KE consumers: Nepra reserves verdict on PD’s motion ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) held a hearing on Wednesday on a motion filed by... Updated 21 Dec, 2023 08:35am
Energy mix ‘Govt plans to enhance share of hydel, RE to 61pc by 2030’ ISLAMABAD: Caretaker Minister for Power Muhammad Ali on Wednesday said the government is working on a plan to... Updated 21 Dec, 2023 09:53am
Trade boost: 5-year vision shared with China ISLAMABAD: Caretaker Federal Minister for Commerce and Industries Minister, Dr Gohar Ejaz, on Wednesday, shared an... Updated 21 Dec, 2023 09:53am
Govt raises historic Rs397bn in bond auction KARACHI: The government raised a historic Rs397 billion ($1.4 billion) in Wednesday’s local currency bond auction.... Updated 21 Dec, 2023 08:38am
Increase in power sector subsidy: Hamstrung by grim lack of fiscal space, FD says ‘no’ The government has already budgeted Rs 970 billion as power sector subsidy in 2023-24 Updated 21 Dec, 2023 09:58am
Global regulators make tackling non-bank leverage a priority for 2024 LONDON: Tackling hidden leverage across the multi-trillion dollar “shadow banking” sector is next year’s... Published 21 Dec, 2023 03:54am
New ‘CPEC Media Forum Balochistan Initiative’ launched: China’s Jiang reaffirms support to economic recovery efforts ISLAMABAD: Chinese Ambassador to Pakistan Jiang Zaidong on Wednesday reaffirmed China’s commitment to supporting... Updated 21 Dec, 2023 09:52am
Alleged maladministration by FBR officials: FTO authorised to initiate ‘suo motu investigation’: President ISLAMABAD: President Arif Alvi has declared that the Federal Tax Ombudsman (FTO) is fully authorised to initiate... Updated 21 Dec, 2023 08:36am
K-Electric: a clear-cut success story EDITORIAL: The government has come to its senses at long last and settled its disputes with K-Electric (KE) Ltd, the... Published 21 Dec, 2023 03:54am
Macroeconomic indicators not satisfactory EDITORIAL: External borrowing failed to meet the budgeted target by 51 percent as per data released by the Pakistan... Published 21 Dec, 2023 03:54am
Auto sales expected to surge from January: IMC CEO BHURBAN: The auto sales are expected to surge in Pakistan starting January 2024. This was stated by Ali Asghar... Published 21 Dec, 2023 03:54am
Rice exports likely to touch $3bn mark during financial year: exporters LAHORE: “Rice exporters are hopeful to touch the USD 3 billion mark during the current financial year and are... Published 21 Dec, 2023 03:54am
Govt’s ‘overwhelming’ involvement in economy major reason behind stagnant growth: PIDE study ISLAMABAD: A study has revealed that the government’s overwhelming involvement in the national economy is one of... Published 21 Dec, 2023 03:54am
MENA After expanding to Bangladesh and UAE, Pakistani startup Abhi has plans for ‘further growth’ Founder Omair Ansari praises Dubai International Financial Centre, and Abu Dhabi Global Market for support along the way Updated 21 Dec, 2023 10:03am
Commodities Gold prices grow KARACHI: Gold prices on Wednesday continued to grow on the local market but silver saw a fall, traders said. Gold... Published 21 Dec, 2023 03:54am
Money & Banking Dollar higher as big UK inflation drop hits pound NEW YORK: The dollar strengthened against the pound on Wednesday after data revealed sharply falling UK inflation,... Published 21 Dec, 2023 03:54am
Money & Banking China’s yuan inches lower SHANGHAI: China’s yuan inched lower against the dollar on Wednesday, as market participants continued to evaluate... Published 21 Dec, 2023 03:54am
Money & Banking Indian rupee ends flat MUMBAI: The Indian rupee ended little changed on Wednesday as a slight recovery in the greenback offset the positive... Published 21 Dec, 2023 03:54am
Commodities Chicago soybeans rise on supply concerns CANBERRA/PARIS: Chicago soybean futures rose on Wednesday, helped by US export sales, rising crude oil prices and... Published 21 Dec, 2023 03:54am
Brent lurks near $80 as Red Sea tensions spur jitters LONDON: Global oil benchmark Brent hovered near $80 a barrel on Wednesday amid jitters over global trade disruption... Published 21 Dec, 2023 03:54am
Commodities Japanese rubber futures rally BEIJING: Japanese rubber futures rose more than 2% on Wednesday, the biggest daily rise in over two months, buoyed ... Published 21 Dec, 2023 03:54am
Commodities PMEX daily trading report KARACHI: On Tuesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 15.768... Published 21 Dec, 2023 03:54am