The Weather KARACHI: The weather report on Wednesday (January 03, 2024) and the forecast for Thursday (January 04, 2024)... Published 04 Jan, 2024 05:58am
Rates LME official prices LONDON: The following were Tuesday official prices. ========================================= ALUMINIUM... Published 04 Jan, 2024 05:58am
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 04 Jan, 2024 05:58am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Wednesday (January 03, 2024). ========================== KIBOR... Published 04 Jan, 2024 05:58am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 04 Jan, 2024 05:58am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Wednesday (January 03, 2024). ======================== Open ... Published 04 Jan, 2024 05:58am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (January 03, 2024).... Published 04 Jan, 2024 05:58am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 03, 2024).... Published 04 Jan, 2024 05:58am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (January 03, 2024)... Published 04 Jan, 2024 05:58am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Wednesday (January 03, 2024). ======================================= ... Published 04 Jan, 2024 05:58am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (January 03, 2024). ==================================== ... Published 04 Jan, 2024 05:58am
Middle East Yemen rebels claim Red Sea attack as shipping prices soar DUBAI: Yemen’s Houthi rebels claimed responsibility for the latest attack Wednesday on a merchant ship in the Red... Published 04 Jan, 2024 05:41am
Impeachment push against Biden immigration chief WASHINGTON: US Republicans announced impeachment proceedings Wednesday against Joe Biden’s homeland security chief... Published 04 Jan, 2024 05:41am
South Asia Adani wins court relief on scrutiny after Hindenburg attack NEW DELHI: India’s Supreme Court on Wednesday said the Adani Group does not need to face more investigations ... Published 04 Jan, 2024 05:41am
Europe Doctors in England defend starting longest strike in NHS history LONDON: Junior doctors in England on Wednesday defended a decision to start their longest consecutive strike in the... Published 04 Jan, 2024 05:41am
Asia Japan probes plane inferno after ‘miracle’ escape TOKYO: Japanese investigators on Wednesday probed a collision at Tokyo’s Haneda Airport of a coast guard plane and... Published 04 Jan, 2024 05:41am
Russia accidentally bombs own village, vows to rebuild homes LONDON: A Russian regional governor said on Wednesday he had ordered the rebuilding of nine houses in a village that... Published 04 Jan, 2024 05:41am
Middle East Gaza war tensions spike after deadly Iran blasts, Lebanon killing JERUSALEM: Fears that Israel’s war in Gaza could spiral across the Middle East grew Wednesday after a drone strike... Published 04 Jan, 2024 05:41am
PPP urges CEC to remove symbols resembling ‘arrow’ from approved list ISLAMABAD: Pakistan People’s Party (PPP) has written a letter to the chief election commissioner of Pakistan and... Published 04 Jan, 2024 05:41am
Emirates, PCAA celebrate 25 years of collaboration ISLAMABAD: Emirates Airlines and the Pakistan Civil Aviation Authority (PCAA) celebrated 25 years of collaboration ... Published 04 Jan, 2024 05:41am
Six players of T20I squad depart for Auckland LAHORE: Six members of the Pakistan T20I squad departed for Auckland via Dubai from Lahore to feature in the... Updated 04 Jan, 2024 11:59am
Missing persons’ cases: SC asks probe commission to file report ISLAMABAD: The Supreme Court directed the Commission of Inquiry on Enforced Disappearances to submit a comprehensive... Published 04 Jan, 2024 05:41am
Mohsin Dawar survives attack in N Waziristan PESHAWAR: National Democratic Movement leader Mohsin Dawar’s vehicle was targeted by unknown gunmen on Wednesday in... Published 04 Jan, 2024 05:41am
ATC issues notices on post-arrest bail petition of Sanam Javed LAHORE: The Anti Terrorism Court (ATC) on Wednesday issued notices on a post-arrest bail petition of PTI activist... Published 04 Jan, 2024 05:41am
PPP leaders explain party’s 10-point manifesto ISLAMABAD: Pakistan People’s Party (PPP) presented a ten-point manifesto to the people for the coming general... Published 04 Jan, 2024 05:41am
Consultation with IK finalised, tickets to be issued in two days: Gohar ISLAMABAD: The chairman Pakistan Tehreek-e-Insaf (PTI) Barrister Gohar Ali Khan said on Wednesday that consultation... Published 04 Jan, 2024 05:41am
Smog: CDA conducts operation against plastic factory ISLAMABAD: The Capital Development Authority (CDA) on Wednesday conducted a mega operation against the owners of a... Published 04 Jan, 2024 05:41am
Pakistan condemns terrorist attack in Iran ISLAMABAD: Pakistan on Wednesday strongly condemned the dastardly terrorist attack that took place in the Martyrs... Published 04 Jan, 2024 05:41am
PPP CEC approves candidature of Bilawal for premiership LAHORE: Central Executive Committee (CEC) of Pakistan Peoples Party (PPP) has approved candidature of Chairman... Published 04 Jan, 2024 05:41am
Inmate murdered in Adiala jail ISLAMABAD: A prisoner was allegedly sexually assaulted and murdered by other inmates in Adiala Jail. Police sources... Published 04 Jan, 2024 05:41am
Fugitive wanted in a murder case extradited from Kuwait LAHORE: On the instructions of Inspector General Police Punjab, Dr Usman Anwar, a crackdown is underway to arrest... Published 04 Jan, 2024 05:41am
Officer’s failure to understand matter properly causes Customs revenue loss LAHORE: Misunderstanding on the part of appropriate officer leads to loss of revenue to the customs department, said... Published 04 Jan, 2024 05:41am
PML-N for seat adjustment with GDA, MQM-P and JUI-F in Sindh LAHORE: The Pakistan Muslim League-Nawaz (PML-N) has decided to move ahead for seat adjustment with the GDA, MQM-P... Published 04 Jan, 2024 05:41am
Dense foggy weather: warning KARACHI: The Met Office on Wednesday warned the public about the dense fog weather that is likely to engulf the... Published 04 Jan, 2024 05:41am
Pharma Park construction: Health minister says all initiatives handed over to SIFC to cut red tape ISLAMABAD: The Ministry of National Health Services and Regulations in a bid to avert bureaucratic hurdles in the... Published 04 Jan, 2024 05:41am
KP govt initiates ‘High Impact Economic Plan’ in erstwhile Fata PESHAWAR: Khyber Pakhtunkhwa government has initiated a comprehensive economic plan ‘High Impact Economic Plan’... Published 04 Jan, 2024 05:41am
11.5m new driving licences issued in Punjab LAHORE: In a bid to ease the driving license issuance to the public and as a result of prompt steps taken by Chief... Published 04 Jan, 2024 05:41am
Approval of Maryam’s nomination papers challenged LAHORE: A voter from constituency PP-80 Sargodha has challenged the acceptance of nomination papers of PML-N vice... Published 04 Jan, 2024 05:41am
ATC rejects bail pleas of two suspects on charge of providing information to RAW ISLAMABAD: The Anti-Terrorism Court (ATC), on Wednesday, rejected the bail applications of two suspects in the case... Published 04 Jan, 2024 05:41am
Cars, bikes: Excise dept starts registration for online auction of new series LAHORE: The Punjab Excise and Taxation Department has st arted registration for online auction of new series of... Published 04 Jan, 2024 05:41am
Faraz-ur-Rehman nomination papers approved for two constituencies KARACHI: Renowned business leader and founder/chairman of Pakistan Business Group Organisation (PBGO)Faraz-ur-Rehman... Published 04 Jan, 2024 05:41am
FM receives Rwanda's Chief of Defence Staff ISLAMABAD: Caretaker Foreign Minister Jalil Abbas Jilani received Rwanda's Chief of Defence Staff Lt Gen Mubarakh... Published 04 Jan, 2024 05:41am
RO, others issued notices: Objection overruled on appeal against candidature of Nawaz from NA-130 LAHORE: An appellate tribunal on Wednesday overruled an office objection on an appeal against the candidature of... Published 04 Jan, 2024 05:41am
Police asked to expedite road certificates, power theft pending cases LAHORE: The Capital City Police Officer Bilal Siddique Kamyana has urged Divisional Superintendent of Police (DSPs)... Published 04 Jan, 2024 05:41am
President reviews performance of NBF ISLAMABAD: President Dr Arif Alvi on Wednesday directed to take necessary actions aimed at greater access of the... Published 04 Jan, 2024 05:41am
SFA fines Rs35,000 on bakery for violating SOPs HYDERABAD: A team of Sindh Food Authority Hyderabad Department conducted a surprise inspection of a well-known ... Published 04 Jan, 2024 05:41am
Rates PSX ends on positive note KARACHI: Pakistan Stock Exchange on Wednesday witnessed mixed trend and after moving in both directions finally... Published 04 Jan, 2024 05:41am
ECP indicts IK, Fawad ISLAMABAD: The poll entity has indicted former prime minister Imran Khan and ex-Pakistan Tehreek-e-Insaf (PTI) ... Published 04 Jan, 2024 05:41am
Kabul pressed to neutralise terrorists ISLAMABAD: Pakistan on Wednesday pressed the Afghan interim government to effectively neutralise the... Published 04 Jan, 2024 05:41am
IK challenges rejection of his nomination papers LAHORE: Former Chairman PTI Imran Khan on Wednesday challenged the rejection of his nomination papers from NA-122,... Published 04 Jan, 2024 05:41am
Alvi pays homage to martyred soldiers ISLAMABAD: President Dr Arif Alvi on Wednesday telephoned the families of 20 soldiers who were martyred in a... Published 04 Jan, 2024 05:41am
KP has no funds to pay salaries to employees: QWP PESHAWAR: Qaumi Watan Party (QWP) Chairman Aftab Ahmad Khan Sherpao said nobody cared to raise voice for the rights... Published 04 Jan, 2024 05:41am
Year 2023 saw 17pc surge in terrorist attacks ISLAMABAD: Pakistan witnessed an increase in terrorist attacks in 2023 with 306 incidents reported across the... Published 04 Jan, 2024 05:41am
PARTLY FACETIOUS: Sporting a Charlie Chaplin moustache “So is the present more important than say legacy?” “If you ask me, then I would say both – I want an easy... Updated 04 Jan, 2024 06:12am
OPEC stresses OPEC+ unity, after Angola exit DUBAI/LONDON: OPEC said on Wednesday that cooperation and dialogue within the wider OPEC+ oil producer’s alliance... Published 04 Jan, 2024 05:41am
Hopium – I Stubborn refusal to look reality in the face and wishing for good daddy saviour has been our norm since 75 years,... Published 04 Jan, 2024 05:41am
Bullish and bearish norms on PSX When the bulls took over the PSX in the last week of June 2023, few expected their run to continue unbroken for six... Published 04 Jan, 2024 05:41am
Letters Carnage in Iran’s Kerman province What happened in Iran yesterday on the occasion of death anniversary of General Qasem Soleimani gives credence to... Published 04 Jan, 2024 05:41am
Stocks Wall St extends slide ahead of Fed meeting minutes NEW YORK: US stock indexes fell on Wednesday as investors locked in profits after a strong 2023 and awaited the... Published 04 Jan, 2024 05:41am
Stocks European shares slide to three-week low PARIS: Europe’s benchmark stock index dropped to a three-week low on Wednesday, testing last year’s market ... Published 04 Jan, 2024 05:41am
Stocks China and HK stocks extend losses on slow recovery concerns HONG KONG: China and Hong Kong stocks extended declines on Wednesday tracking a broader Asian sell-off, as... Published 04 Jan, 2024 05:41am
Stocks IT, metals drag Indian shares lower BENGALURU: India’s benchmark indexes declined on Wednesday, dragged down by information technology and metal... Published 04 Jan, 2024 05:41am
Grains India’s wheat stocks to stay above buffer levels despite sale NEW DELHI: India’s wheat inventories are likely to remain above the buffer norm on April 1 despite the ongoing ... Published 04 Jan, 2024 05:41am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 90,018 tonnes of cargo comprising 47,815 tonnes of import cargo and 42,203... Published 04 Jan, 2024 05:41am
Saudi Arabia may cut price premium on all crude grades SINGAPORE: Saudi Arabia may slash price premiums on all crude grades it sells to Asia in February to one-year-lows... Published 04 Jan, 2024 05:41am
Energy US natgas prices gain NEW YORK: US natural gas futures gained about 2% to a one-week high on Wednesday on a decline in daily output and... Published 04 Jan, 2024 05:41am
Energy Oil prices gain on supply concerns NEW YORK: Oil prices climbed about 3% on Wednesday after a disruption at Libya’s top oilfield added to fears that... Published 04 Jan, 2024 05:41am
Commodities Dalian iron ore futures climb SINGAPORE: Iron ore futures rose for the second session on Wednesday, buoyed by expectations of additional fiscal... Published 04 Jan, 2024 05:41am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (December 03, 2024)... Published 04 Jan, 2024 05:41am
Cotton & Textile Official spot rate climbs despite rise in seed cotton arrivals LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Wednesday increased the spot rate by Rs... Published 04 Jan, 2024 05:41am
Jul-Nov FDI jumps 8.1pc to $656.1m YoY Net foreign direct investment during same period of previous fiscal year amounted to $606.9 million Updated 04 Jan, 2024 09:40am
SIFC set to take on smugglers, hoarders Apex committee appreciates enhancing level of economic engagements with friendly countries Updated 04 Jan, 2024 11:55am
Industries: Tariff cut plan requires an IMF nod ISLAMABAD: The caretaker government has reportedly prepared a plan to reduce industrial tariff by up to 25 percent... Updated 04 Jan, 2024 09:02am
Prospects of KE shares transfer to new buyers ‘unclear’ ISLAMABAD: The prospects of transfer of shares of K-Electric (KE) to new buyers are reportedly unclear as the... Updated 04 Jan, 2024 09:12am
Energy Q3 QTA mechanism: Nepra approves Rs2.87/unit hike for KE ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved positive adjustment of Rs2.87 per... Updated 04 Jan, 2024 08:38am
Motorway projects: ADB rates ‘$590m additional financing’ as successful ISLAMABAD: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated “Pakistan:... Updated 04 Jan, 2024 08:50am
600MW wind, solar projects: PFREF moves army chief ISLAMABAD: Pakistan Foreign Renewable Energy Forum (PFREF) has approached Army Chief General Syed Asim Munir for... Updated 04 Jan, 2024 09:21am
Seeking report on PTI’s allegations: SC issues notices to CS, IGP and AG Punjab ISLAMABAD: The Supreme Court issued notices to the chief secretary, inspector general of police (IGP) and advocate... Updated 04 Jan, 2024 09:26am
Smuggling, non-duty paid vehicles: LEAs, Intelligence personnel entitled to FBR cash rewards ISLAMABAD: The officers of the law enforcement agencies and intelligence agencies would now be entitled to cash... Updated 04 Jan, 2024 08:55am
PHC restores ECP order stripping PTI of ‘bat’ symbol PESHAWAR: The Peshawar High Court (PHC) on Wednesday accepted the review plea filed by the Election Commission of... Published 04 Jan, 2024 05:41am
Foreign govts, private entities: Guidelines on pacts, MoUs notified ISLAMABAD: The government has notified guidelines regarding agreements/memorandums of understanding (MoUs) with... Updated 04 Jan, 2024 09:11am
Input tax adjustment: FBR extends date for proposals on ‘HS codes’ new list ISLAMABAD: The Federal Board of Revenue (FBR) has extended date upto January 10, 2024 for leading sectors to submit... Updated 04 Jan, 2024 08:30am
Cigarette industry: Influence on policymaking caused Rs567bn revenue loss in last 7 years ISLAMABAD: The influence of cigarette industry on policymaking has not only impacted nation’s financial well-being... Published 04 Jan, 2024 05:41am
July-December 2023-24: Exports of agro and food products increase by 64pc KARACHI: During the first six months of the financial year of 2023-2024, exports of agro and food products from... Published 04 Jan, 2024 05:41am
Dewan Motors teams up to boost EV charging infrastructure KARACHI: Dewan Motors Pvt. Ltd., the country’s authorized BMW importer, have teamed up to boost the electric... Published 04 Jan, 2024 05:41am
Pakistan Cables lifts 11th FPCCI Awards 2023 ISLAMABAD: Pakistan Cables Loyalty Club mobile app won the 11th FPCCI Award in the category of Digital ... Published 04 Jan, 2024 05:41am
Trade deficit: welcome decline? EDITORIAL: Pakistan Bureau of Statistics (PBS) released balance of trade figures for July-December 2023, which... Published 04 Jan, 2024 05:41am
Inconvenient truth EDITORIAL: Caretaker Prime Minister Anwarul Haq Kakar should be appreciated for stepping out of the politically... Published 04 Jan, 2024 05:41am
Commodities Gold prices down KARACHI: Gold prices on Wednesday saw a fall on the local market but silver was firm, traders said. Gold lost ... Published 04 Jan, 2024 05:41am
Taxes LTO crosses Rs1trn mark in six months KARACHI: The Large Taxpayers Office (LTO) has set a new benchmark for tax collection by crossing Rs 1 trillion mark... Published 04 Jan, 2024 05:41am
Money & Banking Most Asian currencies pull back as rate cut rally dissipates BENGALURU: Most Asian currencies and equities lost ground in a broad sell-off on Wednesday as optimism about ... Published 04 Jan, 2024 05:41am
Commodities Gold slips to near two-week low BENGALURU: Gold prices slipped to a near two-week low on Wednesday as the dollar firmed, while investors looked ... Published 04 Jan, 2024 05:41am
Commodities Copper drops to two-week low on higher dollar LONDON: Copper prices slid to a two-week low on Wednesday as the dollar rose and worries about demand in top ... Published 04 Jan, 2024 05:41am
Commodities PMEX daily trading report KARACHI: On Tuesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 24.494... Published 04 Jan, 2024 05:41am
Commodities Palm oil extends losses on soft demand SINGAPORE: Malaysian palm oil futures fell for the fourth consecutive session on Wednesday to hit a two-month low,... Published 04 Jan, 2024 05:41am
MCCI urges PIA to rationalize cargo rates for fresh produce LAHORE: Multan Chamber of Commerce & Industry (MCCI) expresses its support for the exporters of fresh fruit,... Published 04 Jan, 2024 05:41am
Money & Banking JS Bank reflects on the year of progress and growth KARACHI: As the year 2024 begins, JS Bank, one of the fastest-growing banks in Pakistan, reflects on its journey of... Published 04 Jan, 2024 05:41am
Money & Banking BOP to launch ‘SME Environment & Performance Index’; MoU signed LAHORE: The Bank of Punjab (BOP) and Reenergia-Ipsos entered into an agreement on 29th December 2023 for the... Published 04 Jan, 2024 05:41am
Money & Banking BoK, Millat Tractors sign agreement PESHAWAR: Bank of Khyber (BoK) and Millat Tractors Limited signed an Memorandum of Understanding (MoU) aimed at... Published 04 Jan, 2024 05:41am
KATI raises issue of ‘delayed disbursement of Covid Incremental Package Subsidy’ KARACHI: In a letter addressed to Mohammad Ali, Caretaker Federal Minister for Energy, Nighat Awan, Acting ... Published 04 Jan, 2024 05:41am