Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (December 21, 2023). ==================================== ... Published 22 Dec, 2023 05:33am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Thursday (December 21, 2023). ======================================= ... Published 22 Dec, 2023 05:32am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (December 21, 2023)... Published 22 Dec, 2023 05:32am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 21, 2023).... Published 22 Dec, 2023 05:31am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (December 21, 2023).... Published 22 Dec, 2023 05:30am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Thursday (December 21, 2023). ======================== Open ... Published 22 Dec, 2023 05:29am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (December... Published 22 Dec, 2023 05:28am
Rates LME official prices LONDON: The following were Wednesday official prices. ========================================= ALUMINIUM... Published 22 Dec, 2023 05:27am
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 22 Dec, 2023 05:27am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Thursday (December 21, 2023). ========================== KIBOR... Published 22 Dec, 2023 05:27am
No functional hospitals left in northern Gaza: WHO GENEVA: There are no longer any functional hospitals in the north of the Gaza Strip, the World Health Organization... Updated 22 Dec, 2023 06:34am
Gunman kills over 15 people at Prague university PRAGUE: A 24-year-old student killed more than 15 people and wounded dozens more at a Prague university on Thursday... Published 22 Dec, 2023 05:22am
Dutch civil servants call for Gaza ceasefire in rare protest THE HAGUE: A group of Dutch civil servants staged an unusual protest in front of the country’s Foreign Affairs... Published 22 Dec, 2023 05:22am
US and Venezuela swap prisoners SAN ANTONIO: The United States released an ally of Venezuelan President Nicolas Maduro in exchange for 10 American... Published 22 Dec, 2023 05:22am
South Asia India overhauls criminal code, alarming rights campaigners NEW DELHI: India’s parliament on Thursday rushed through the country’s biggest criminal justice overhaul since... Published 22 Dec, 2023 05:22am
South Asia Three Indian soldiers killed in IIOJK gunfight NEW DELHI: Three soldiers were killed in Illegally India-Occupied Jammu and Kashmir (IIOJK) during a gun battle in... Published 22 Dec, 2023 05:22am
Polls: PTI urges SC to help ensure a level playing field ISLAMABAD: The Supreme Court has been urged to direct the interior secretary, the Election Commission of Pakistan... Published 22 Dec, 2023 05:22am
Bilawal announces names of central office-bearers KARACHI: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari has announced the central office-bearers of ... Published 22 Dec, 2023 05:22am
100 nomination forms received so far: ECP Sindh KARACHI: The process of receiving and submitting nomination forms for reserved seats for women and minorities in the... Published 22 Dec, 2023 05:22am
ATC adjourns hearing of terrorism case against Elahi ISLAMABAD: An Anti-Terrorism Court (ATC), on Thursday, adjourned the hearing of a terrorism case registered against... Published 22 Dec, 2023 05:22am
Kakar takes major step towards skill development goal ISLAMABAD: Caretaker Prime Minister Anwaarul Haq Kakar has directed that training programmes shall also be started... Published 22 Dec, 2023 05:22am
‘Entomologists must step up efforts to control agri diseases’ FAISALABAD: “The issue of agricultural diseases and pests was aggravating due to climate changes and other factors... Published 22 Dec, 2023 05:22am
246 individuals involved in encroachments arrested LAHORE: On the second day of operation against the encroachment mafia in all 9 zones of the city, the Lahore ... Published 22 Dec, 2023 05:22am
Country can take a leap forward with the help of AI, says expert LAHORE: Artificial Intelligence (AI) has provided Pakistan with an opportunity to leapfrog other countries if the... Published 22 Dec, 2023 05:22am
Youth must be leveraged for economic progress: PC official ISLAMABAD: Planning Commission Deputy Chairman Mohammad Jehanzeb acknowledged Pakistan's economic challenges,... Published 22 Dec, 2023 05:22am
Minister calls for galvanising efforts to deal with AMR issue ISLAMABAD: Caretaker Federal Minister for National Health Services Dr Nadeem Jan on Thursday called for galvanising... Published 22 Dec, 2023 05:22am
IOM director general calls on FM ISLAMABAD: Director General, International Organization for Migration (IOM) Amy Pope, on Thursday, called on... Published 22 Dec, 2023 05:22am
Arrest of Baloch activists: IHC seeks report from IGP Islamabad ISLAMABAD: The Islamabad High Court (IHC), Thursday, directed the Inspector General (IG) of Islamabad police to... Published 22 Dec, 2023 05:22am
‘Emergency Treatment Coverage Programme Bill’ passed ISLAMABAD: The Senate Standing Committee on National Health Services and Regulations has unanimously passed the... Published 22 Dec, 2023 05:22am
FM presents ECO Award to Dr Ijaz Nabi ISLAMABAD: Caretaker Foreign Minister Jalil Abbas Jilani on Thursday presented the Economic Cooperation Organisation... Published 22 Dec, 2023 05:22am
Consultation on child marriage issue held KARACHI: Sindh Human Rights Commission (SHRC) partnered with the Legal Aid Society for a consultation with relevant... Published 22 Dec, 2023 05:22am
Christmas celebrations at LGH & PINS LAHORE: Lahore General Hospital & Punjab Institute of Neurosciences held a joint dignified ceremony ahead of... Published 22 Dec, 2023 05:22am
Police stations up-gradation: CCPO chairs progress review meeting LAHORE: A comprehensive review session on the construction, repair, and enhancement of police stations took place at... Published 22 Dec, 2023 05:22am
CBD Punjab CEO inspects Captain Karnal Sher Shaheed flyover LAHORE: Imran Amin, CEO of CBD Punjab on Thursday inspected the final stages of the Captain Karnal Sher Khan Shaheed... Published 22 Dec, 2023 05:22am
Canadian HC meets FM ISLAMABAD: High Commissioner of Canada to Pakistan Leslie Scanlon on Thursday called on caretaker Foreign Minister... Published 22 Dec, 2023 05:22am
Politics of extremism: Bilawal seeks intellectuals help HYDERABAD: Pakistan People's Party (PPP) Chairman Bilawal Bhutto Zardari has urged the writers and intellectuals... Published 22 Dec, 2023 05:22am
Senate panel sees implementation issues behind uncontrolled fog ISLAMABAD: The Senate Standing Committee on Climate Change on Thursday observed that fog persists in the region,... Published 22 Dec, 2023 05:22am
Hearing of case against Fawad Chaudhry adjourned ISLAMABAD: A local court on Thursday adjourned the hearing of a case registered against former federal minister ... Published 22 Dec, 2023 05:22am
Asia China warns Philippines against South China Sea ‘miscalculation’ BEIJING/MANILA: Chinese Foreign Minister Wang Yi has told the Philippines to address through dialogue serious... Published 22 Dec, 2023 05:22am
The Weather KARACHI: The weather report on Thursday (December 21, 2023) and the forecast for Friday (December 22, 2023)... Published 22 Dec, 2023 05:22am
Pakistan reiterates concerns at possession of weapons by TTP ISLAMABAD: Pakistan reiterated its “deep” concerns at the possession and use of modern sophisticated weapons by... Published 22 Dec, 2023 05:22am
CEC enjoys unflinching confidence of members: ECP ISLAMABAD: Faced with the ire of the legal fraternity and political forces over its alleged mishandling of issues... Published 22 Dec, 2023 05:22am
Sindh asked to compensate those affected by anti-encroachment drive KARACHI: The Supreme Court of Pakistan Thursday directed the Sindh chief secretary to compensate the affectees of... Updated 22 Dec, 2023 09:48am
Arrested Baloch women, children released ISLAMABAD: The caretaker government released all the women and children of Baloch protesters, detained in ... Published 22 Dec, 2023 05:22am
Some important economic policy questions The first important policy question facing policymakers is how much role aggregate demand plays in determining... Published 22 Dec, 2023 05:22am
Govt committed to ensuring peace across country: Alvi ISLAMABAD: President Dr Arif Alvi said that the government is fully committed to ensure peace, tranquillity, and... Published 22 Dec, 2023 05:22am
IBA Karachi joins UNICON as associate member KARACHI: The Centre for Executive Education (CEE) at the Institute of Business Administration (IBA), Karachi has... Published 22 Dec, 2023 05:22am
‘Crackdown’ on workers: PTI criticises ‘silence’ of ECP ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI), on Thursday, lambasted the Election Commission of Pakistan (ECP) for its... Published 22 Dec, 2023 05:22am
Enforced disappearances: Farhatullah condemns ‘brutal’ use of force against protesters ISLAMABAD: Chief of the Human Rights Cell of the Pakistan People’s Party (PPP) Farhatullah Babar strongly ... Published 22 Dec, 2023 05:22am
PARTLY FACETIOUS: ‘Project Nawaz’ still on board? “Which is the fourth-largest party in this country?” “That depends on the next election results – MQM used ... Published 22 Dec, 2023 05:22am
Sharifuddin Pirzada’s views on ZAB’s mercy petition “On 24 March 1979 the Supreme Court, while dismissing the Review Petition of Z. A. Bhutto, observed that grounds... Updated 22 Dec, 2023 05:47am
Rates Stocks climb on fresh buying KARACHI: Pakistan Stock Exchange on Thursday witnessed a mixed trend and after moving both ways, closed on a ... Published 22 Dec, 2023 05:22am
Non-disclosures & underperformance Ever year Federal Board of Revenue (FBR) as Revenue Division of Ministry of Finance (MoF), issues data relating to... Published 22 Dec, 2023 05:22am
Energy Workshop on challenges facing petroleum exploration, production sector held ISLAMABAD: Taking cognizance the increasing energy import bill, reduced investment in petroleum exploration... Published 22 Dec, 2023 05:22am
Stocks Wall St rises after broad sell-off NEW YORK: Wall Street advanced on Thursday after recovering from a broad sell-off in the prior session, with latest... Published 22 Dec, 2023 05:22am
Stocks European shares ease after two days of gains PARIS: European shares retreated on Thursday, after two sessions of gains, as investors took stock of the recent... Published 22 Dec, 2023 05:22am
Stocks China stocks rebound; HK flat amid weak global markets SHANGHAI: China stocks rose on Thursday, rebounding from a near five-year low hit in the previous session, while ... Published 22 Dec, 2023 05:22am
Stocks Gulf markets in red as Wall Street rally stalls NEW YORK: Most stock markets in the Gulf ended lower on Thursday after Wall Street snapped a long winning streak ... Published 22 Dec, 2023 05:22am
Stocks Tokyo stocks end lower after Toyota-linked problems TOKYO: Tokyo stocks closed lower on Thursday after Toyota announced a recall of a million vehicles, and its... Published 22 Dec, 2023 05:22am
Letters China our first option, and last option as well This is apropos a Business Recorder op-ed “The giant ship of China’s economy will continue to cleave the ... Published 22 Dec, 2023 05:22am
Energy US natgas prices slide NEW YORK: US natural gas futures slid about 2% on Wednesday on record gas production and lowered forecasts for... Published 22 Dec, 2023 05:22am
Commodities Japanese rubber futures slip on firmer yen SINGAPORE: Japanese rubber futures fell on Thursday as a stronger yen made the commodity expensive for international... Published 22 Dec, 2023 05:22am
Energy Oil falls as Angola decides to exit OPEC NEW YORK: Oil prices fell by roughly $1 a barrel on Thursday after Angola said it would exit the Organization of the... Published 22 Dec, 2023 05:22am
Grains Asia rice: India plays catch-up as Vietnam rates rally to highest since 2008 BENGALURU/MUMBAI/HANOI/BANGKOK: Prices of parboiled rice from top exporters climbed this week, fuelled by limited... Published 22 Dec, 2023 05:22am
Commodities Malaysian palm oil futures lower NEW DELHI: Malaysian palm oil futures settled lower on Thursday because investors booked profits after five straight... Published 22 Dec, 2023 05:22am
Commodities Copper retreats as bullish investors pause ahead of holiday LONDON: Copper prices pulled back on Thursday as investors shed some of their bullish positions after the market... Published 22 Dec, 2023 05:22am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday, (December 21, 2023)... Published 22 Dec, 2023 05:22am
Cotton & Textile Lacklustre business on cotton market LAHORE: The official spot rate was unchanged on the local cotton market on Thursday in process of dull trading,... Published 22 Dec, 2023 05:22am
Commodities Gold range-bound BENGALURU: Gold prices crept higher on Thursday, but traded in a relatively tight range as investors looked to US... Published 22 Dec, 2023 05:22am
Commodities PMEX daily trading report KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 15.724... Published 22 Dec, 2023 05:22am
Energy Nigeria’s $11bn damages bill for collapsed gas deal thrown out by London court LONDON: Nigeria is off the hook for an $11 billion damages bill over a collapsed gas processing project that was... Published 22 Dec, 2023 05:22am
Textile group: Jul-Nov exports decline 6.5pc to $6.88bn YoY Country’s overall exports during July-November fiscal year 2023-24 total $12.172 billion (provisional) Updated 22 Dec, 2023 10:00am
Shamshad highlights importance of Exim Bank ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar has stated that Exim Bank will play an important role in... Published 22 Dec, 2023 05:22am
Regionally competitive level sought: APTMA demands power tariff at 9-10 cents per kWh ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has expressed deep concern over the absolutely dismal... Updated 22 Dec, 2023 09:19am
Angola to quit OPEC over oil production quotas disagreement LUANDA: Angola said on Thursday it would leave OPEC over a disagreement on production quotas following the oil... Published 22 Dec, 2023 05:22am
SOEs: PM briefed about privatisation process ISLAMABAD: Caretaker Minister for Privatisation and Inter-Provincial Coordination Fawad Hassan Fawad called on... Updated 22 Dec, 2023 09:47am
Business of BoI allocated to Gohar ISLAMABAD: Caretaker Federal Minister for Commerce, Industries, and Production Dr Gohar Ejaz has been allocated the... Updated 22 Dec, 2023 09:08am
Jul-Nov: Petroleum group imports witness 16.19pc negative growth ISLAMABAD: Petroleum group imports witnessed a negative growth of 16.19 per cent during the first five months... Updated 22 Dec, 2023 09:47am
Toshakhana case: IHC rejects IK’s suspension of verdict plea ISLAMABAD: The Islamabad High Court (IHC), Thursday, turned down a petition of Pakistan Tehreek-e-Insaf (PTI) ... Published 22 Dec, 2023 05:22am
Jul-Nov mobile phones imports up 112.2pc to $616.54m YoY ISLAMABAD: The country imported mobile phones worth $616.541 million during the first five months (July-November) of... Updated 22 Dec, 2023 09:03am
ATIR’s orders: FTO explains what actually constitutes maladministration ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that the delay in giving appeal effect to the order which is in... Updated 22 Dec, 2023 09:03am
Non-inclusion of actual freight charges: Country incurring $1.5m monthly loss in meat exports to UAE ISLAMABAD: Pakistan is reportedly bearing a loss of $1.5 million per month due to non-inclusion of actual freight... Updated 22 Dec, 2023 09:48am
Review committee proposes amendments to JCP rules ISLAMABAD: The committee constituted to review the Judicial Commission of Pakistan Rules, 2010, has proposed... Updated 22 Dec, 2023 09:10am
SHC suspends gas tariff hike notification for textile industry KARACHI: Sindh High Court (SHC) on Thursday suspended the gas tariff hike notification for the textile industry. The... Updated 22 Dec, 2023 09:48am
Spotlight on CEC EDITORIAL: Now that PBC (Pakistan Bar Council), SCBA (Supreme Court Bar Association) and SHCBA (Sindh High Court Bar... Published 22 Dec, 2023 05:22am
If PSX sneezes, economy need not catch a cold EDITORIAL: That PSX (Pakistan Stock Exchange) is on a roller coaster ride is a fact. The way the market moved up in... Published 22 Dec, 2023 05:22am
Nighat Awan assumes role of Acting President KATI KARACHI: Nighat Awan, Senior Vice President of the Korangi Association of Trade and Industry (KATI), assumed the ... Published 22 Dec, 2023 05:22am
‘Pakistan can achieve higher GDP growth by adopting technology’ ISLAMABAD: “Pakistan can achieve higher GDP growth and improve economic indicators, by adopting technology at... Published 22 Dec, 2023 05:22am
High power tariff for industrial sector criticised LAHORE: All Pakistan Textile Mills Association (APTMA) has expressed deep concern over the unnecessarily high power... Published 22 Dec, 2023 05:22am
Taxes ‘Powers of commissioners being used by DCs neither gazetted nor displayed on FBR website’ LAHORE: The Deputy Commissioners in some field formations are using the powers of Commissioners Inland Revenue for... Published 22 Dec, 2023 05:22am
Tight monetary policy reduces current account deficit KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals From, Mian... Published 22 Dec, 2023 05:22am
Steps urged for export of bananas to Central Asia HYDERABAD: Agricultural and economic experts emphasising screening of imported seeds, urged that necessary measures... Published 22 Dec, 2023 05:22am
Special Education, Rehabilitation Centre: Regional director visits HCSTSI secretariat HYDERABAD: Under the directives of the Chief Minister of Sindh, Maqbool Baqir, Muhammad Amin Memon, Regional ... Published 22 Dec, 2023 05:22am
National Finance Olympiad at ICAP concludes KARACHI: In a grand spectacle of financial prowess, the Institute of Chartered Accountants of Pakistan (ICAP)... Published 22 Dec, 2023 05:22am
SBP’s reserves fall by $136m KARACHI: The total liquid foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $136... Published 22 Dec, 2023 05:22am
Commodities Gold prices drop, silver’s steady KARACHI: Gold prices on Thursday dropped on the local market but silver stood steady, traders said. Gold lost Rs500... Published 22 Dec, 2023 05:22am
Commodities Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 170,034 tonnes of cargo comprising 83,556 tonnes of import cargo and 86,478... Published 22 Dec, 2023 05:22am
UK and Switzerland seal financial services deal BERN (Switzerland): Britain and Switzerland unveiled a post-Brexit financial services agreement on Thursday, aimed ... Published 22 Dec, 2023 05:22am
Taxes Telecom sector: Body formed ahead of launch of single portal for filing ST returns ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a single portal committee for operationalizing... Published 22 Dec, 2023 05:22am
Money & Banking Dollar eases as safety bid fades NEW YORK: The dollar eased to a 3-day low against a basket of currencies on Thursday as the previous session’s ... Published 22 Dec, 2023 05:22am