HK court orders China Evergrande to liquidate with debts of $300bn HONG KONG: A Hong Kong court on Monday ordered the liquidation of property giant China Evergrande Group, a move... Published 30 Jan, 2024 04:52am
Maldives parliament rejects three cabinet members after brawl MALÉ (Maldives): Maldivian lawmakers voted against the appointment of three cabinet members on Monday after an... Published 30 Jan, 2024 04:52am
Israel accuses 190 UN staff of being ‘hardened’ militants’ JERUSALEM/GENEVA: An Israeli intelligence dossier that prompted a cascade of countries to halt funds for a UN... Published 30 Jan, 2024 04:52am
Sunak urges Iran to de-escalate tensions LONDON: British Prime Minister Rishi Sunak said on Monday he was concerned about tensions in the Middle East and... Published 30 Jan, 2024 04:52am
Afghan FM calls for ‘constructive engagement’ with Int’l community KABUL: Afghanistan’s foreign minister on Monday called for “constructive engagement” with the international... Published 30 Jan, 2024 04:52am
Protesting farmers block major roads into Paris PARIS: French farmers choked off major motorways around Paris on Monday, threatening to blockade the capital in an... Published 30 Jan, 2024 04:52am
CNN Philippines to close due to financial losses MANILA: CNN Philippines will stop operations from January 31 due to “significant financial losses”, its owner... Published 30 Jan, 2024 04:52am
Govt to launch 5G services next year ISLAMABAD: Only 13.5 percent of the existing cell sites in Pakistan are fibre-connected, while international... Published 30 Jan, 2024 04:52am
HBL PSL 9: names of supplementary, replacement players announced LAHORE: Several supplementary and replacement players have been added to the six HBL Pakistan Super League squads,... Published 30 Jan, 2024 04:52am
ATC allows post-arrest bail of Sanam Javed LAHORE: An Anti-Terrorism Court (ATC) on Monday accepted the post-arrest bail of PTI activist Sanam Javed in a case... Published 30 Jan, 2024 04:52am
CTD arrests 11 alleged terrorists in Punjab LAHORE: The Counter Terrorism Department (CTD) has foiled a terror plot by arresting 11 suspected terrorists linked... Published 30 Jan, 2024 04:52am
Economic manifesto: MQM-P leaders brief FPCCI office-bearers KARACHI: Dr. Khalid Maqbool Siddiqui, Convener MQM Pakistan apprised that his party is deeply concerned over ... Published 30 Jan, 2024 04:52am
20 probationary officers: CCP holds interactive session for CSA syndicate group ISLAMABAD: As part of their training under the 51st Common Training Programme (CTP), a syndicate group of 20... Published 30 Jan, 2024 04:52am
Sindh govt launches laboratory for archaeological research KARACHI: The Government of Sindh, under the leadership of Dr. Syed Junaid Ali Shah, Minister of Culture, Antiquities... Published 30 Jan, 2024 04:52am
Rain expected in hilly areas next week LAHORE: Some 100 mm rain is expected in hilly areas until 5thof Feb, followed by the advent of pleasant weather in... Published 30 Jan, 2024 04:52am
Cross-examination of witnesses: AC closes right of IK, Bushra ISLAMABAD: An Accountability Court on Monday closed the right of Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan... Published 30 Jan, 2024 04:52am
Indian opposition’s challenge to Modi falters NEW DELHI: An opposition bid to jointly mount a challenge to Indian Prime Minister Narendra Modi in a national... Published 30 Jan, 2024 04:52am
US vows ‘consequential’ response to deadly drone strike in Jordan WASHINGTON: The White House on Monday vowed a “very consequential response” to a drone attack on a base in ... Published 30 Jan, 2024 04:52am
ECP Sindh issues notices to candidates KARACHI: Election Commission of Pakistan Sindh has issued notices to candidates of Jamaat-e-Islami (JI), Pakistan... Published 30 Jan, 2024 04:52am
ACCA hosts ‘Pakistan Leadership Conversation 2024’ events KARACHI: The Association of Chartered Certified Accountants (ACCA) successfully organized its Pakistan Leadership... Published 30 Jan, 2024 04:52am
Engagement with foreign media stressed: Austrian envoy stresses importance of creating positive perception KARACHI: The Ambassador of Austria to Pakistan and Afghanistan, Andrea Wicke stressed the importance of building a... Published 30 Jan, 2024 04:52am
1,120 polling stations declared highly sensitive in Lahore LAHORE: The Lahore district administration has declared 1,120 polling stations in the provincial capital as highly... Published 30 Jan, 2024 04:52am
10th Board of Directors Meeting of OICOA today ISLAMABAD: The 10th Board of Directors Meeting of the OIC Ombudsman Association (OICOA) meeting will kick start ... Published 30 Jan, 2024 04:52am
Airports, seaports: 11 customs men appointed for implementation of ‘AEES’ ISLAMABAD: The Federal Board of Revenue (FBR) has appointed 11 customs officials across Pakistan for smooth... Published 30 Jan, 2024 04:52am
Doctors Without Borders concerned over surge in CL cases ISLAMABAD: Doctors Without Borders (MSF) while expressing serious concern over the increase in the number of... Published 30 Jan, 2024 04:52am
First LCCI IT Freelancing Awards 2024 organised LAHORE: The Lahore Chamber of Commerce and Industry has organised First LCCI IT Freelancing Awards 2024 which was a... Published 30 Jan, 2024 04:52am
Installation of Safe City cameras in 21 cities: IGP Punjab reviews arrangements LAHORE: Inspector General Police Punjab Dr Usman Anwar has said that Punjab Police is relying on local resources to... Published 30 Jan, 2024 04:52am
JI demands judicial investigation into MQM, PPP clash KARACHI: Jamaat-e-Islami (JI) on Monday demanded of the ECP to take notice of political violence in the metropolis,... Published 30 Jan, 2024 04:52am
Pervez Elahi’s plea: LHC seeks reply from ECP by today LAHORE: The Lahore High Court on Monday sought reply from the Election Commission of Pakistan (ECP) by January 30... Published 30 Jan, 2024 04:52am
Paksitan opening ceremony of Al-BADAR- VIII held ISLAMABAD: The opening ceremony of two weeks long Joint Exercise Al-BADAR-VIII was held at the National Counter... Published 30 Jan, 2024 04:52am
Pakistan concerned over suspension of funding for UNRWA ISLAMABAD: Pakistan expressed its deep concerns over the decision by some countries to suspend the funding for the... Published 30 Jan, 2024 04:52am
PFA discards 2,000 litres of substandard milk LAHORE: The Punjab Food Authority (PFA) on Monday stopped the production of a food point and penalized 10 other food... Published 30 Jan, 2024 04:52am
Punjab CM returns home after performing Umrah LAHORE: The caretaker Punjab Chief Minister Mohsin Naqvi on Monday returned to Pakistan after performing Umrah. The... Published 30 Jan, 2024 04:52am
Renovation of 13 police stations in capital begins: minister ISLAMABAD: Caretaker Interior Minister Dr Gohar Ejaz on Monday said that the government is making all efforts to... Published 30 Jan, 2024 04:52am
Shehbaz seeks support of Tehreek Millat-e-Jafferia in elections LAHORE: Pakistan Muslim League-Nawaz (PML-N) President and former prime minister Shehbaz Sharif on Monday made a... Published 30 Jan, 2024 04:52am
Soldier martyred in Sudan RAWALPINDI: On 28th January 2024, a convoy of Pakistani peacekeepers was ambushed in Abyei (disputed area between... Published 30 Jan, 2024 04:52am
The Weather KARACHI: The weather report on Monday (January 29, 2024) and the forecast for Tuesday (January 30, 2024)... Published 30 Jan, 2024 04:52am
Rates Stocks nosedive KARACHI: Pakistan Stock Exchange on Monday nosedived due to severe pressure as the investors opted to sell out their... Published 30 Jan, 2024 04:52am
PM bars ministers, advisors from making foreign visits ISLAMABAD: Caretaker Prime Minister Anwaar ul Haq Kakar has barred federal ministers, advisors, special assistants ... Published 30 Jan, 2024 04:52am
Foreign missions: Direct interaction of govt officers banned ISLAMABAD: The federal government has imposed a ban on direct interaction of government officers with foreign... Published 30 Jan, 2024 04:52am
Post-flood resilience: EU fulfils pledge of euro 100m additional grant ISLAMABAD: The European Union fulfilled the pledge of an additional euro 100 million grant to enhance post-flood... Published 30 Jan, 2024 04:52am
Elite class of society: Bilawal vows to eliminate all subsidies ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari blamed “powerful lobbies and... Published 30 Jan, 2024 04:52am
Air transportation issues discussed with Iraq ISLAMABAD: Prime Minister’s Advisor on Aviation Air Marshal Farhat Hussain Khan (retd) held a follow-up meeting... Published 30 Jan, 2024 04:52am
Printing of ballot papers to complete by Friday ISLAMABAD: The printing of ballot papers for the general elections would complete on the coming Friday, whereas the... Published 30 Jan, 2024 04:52am
Appeals against SC judgment on military courts: Justice Masood recuses himself from larger bench ISLAMABAD: Justice Sardar Tariq Masood recused from a larger bench which was hearing the appeals against the Supreme... Published 30 Jan, 2024 04:52am
No-trust motion against IK: SC rejects review petitions ISLAMABAD: The Supreme Court dismissed the review petitions of ex-prime minister Imran Khan and former National... Published 30 Jan, 2024 04:52am
Economic crisis: Bilawal says political parties will have to join hands RAWALPINDI: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto-Zardari has said all political parties will have... Published 30 Jan, 2024 04:52am
SC allows Mengal to contest Feb 8 polls ISLAMABAD: Chairman of the Balochistan National Party (BNP), Sardar Akhtar Mengal, has received approval to... Published 30 Jan, 2024 04:52am
PARTLY FACETIOUS: PML-N will return to power? “Biden in a somber mood said, “we had a tough day last night in the Middle East. We lost three brave souls in an... Published 30 Jan, 2024 04:52am
Governors, ministers: JI will assign 10-marla houses if voted to power: Siraj LAHORE: Chief of Jamaat-e-Islami Sirajul Haq has announced that the JI, if voted to power, will assign 10-marla... Published 30 Jan, 2024 04:52am
PTI body rejects ‘unfair’ trial of IK ahead of elections ISLAMABAD: The core committee of Pakistan Tehreek-e-Insaf (PTI) on Monday rejected the sinister move of those bent... Published 30 Jan, 2024 04:52am
CM meets Punjab Election Commissioner LAHORE: The caretaker Punjab Chief Minister Mohsin Naqvi held a meeting with provincial Election Commissioner Punjab... Published 30 Jan, 2024 04:52am
Rising poverty The incidence of poverty has skyrocketed in Pakistan since the Covid-19 pandemic and the disastrous floods of 2022.... Updated 30 Jan, 2024 05:29am
Elections and prospects As the date for general elections, February 8, 2024, looms, the election campaign scene exhibits some troubling... Updated 30 Jan, 2024 05:30am
Letters Iran, Pakistan can help ease plight of Palestinians One of the major reasons behind the restoration of relations between Pakistan and Iran is the two neighbouring... Published 30 Jan, 2024 04:52am
Reforming the judiciary: adapting to a new era In the heart of the courtroom, where the solemnity of justice should reign supreme, there exists a troubling and... Updated 30 Jan, 2024 05:30am
Stocks Wall St tepid ahead of Fed decision NEW YORK: US main stock indexes were sluggish on Monday as investors awaited major events this week including the... Published 30 Jan, 2024 04:52am
Stocks European shares end slightly higher PARIS: European equities ended marginally higher on Monday after hitting two-year highs in the previous session,... Published 30 Jan, 2024 04:52am
Stocks China stocks fall despite short selling curb SHANGHAI: Chinese stocks fell on Monday despite fresh government curbs on short selling, while oil shares led the... Published 30 Jan, 2024 04:52am
Stocks Reliance, ONGC power Indian shares to best day in eight weeks BENGALURU: Indian shares surged in their best session in eight weeks on Monday, driven by gains in energy... Published 30 Jan, 2024 04:52am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 271,109 tonnes of cargo comprising 164,666 tonnes of import cargo and ... Published 30 Jan, 2024 04:52am
Rates LME official prices LONDON: The following were Friday official prices. ========================================= ALUMINIUM... Published 30 Jan, 2024 04:52am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on ... Published 30 Jan, 2024 04:52am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Monday (January 29, 2024). ======================== Open Bid ... Published 30 Jan, 2024 04:52am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (January 29, 2024).... Published 30 Jan, 2024 04:52am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 29, 2024).... Published 30 Jan, 2024 04:52am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (January 29, 2024)... Published 30 Jan, 2024 04:52am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Monday (January 29, 2024). ==================================== BR... Published 30 Jan, 2024 04:52am
Resurrecting dead IP gas pipeline project Visiting Iranian foreign minister presents ‘workable’ solution Updated 30 Jan, 2024 09:52am
Fight against terrorism: Islamabad, Tehran agree on intelligence sharing ISLAMABAD: Pakistan-Iran on Monday stressed collaborative efforts, better coordination and intelligence sharing to... Updated 30 Jan, 2024 09:46am
Six-month budget deficit soars to 2.3pc of GDP ISLAMABAD: The budget deficit during the first six months of the ongoing fiscal year increased to 2.3 percent of the... Updated 30 Jan, 2024 08:48am
FBR restructuring: Cabinet will again take up issue today ISLAMABAD: The Federal Cabinet will again take up the issue of restructuring of the Federal Board of Revenue (FBR)... Updated 30 Jan, 2024 08:49am
Pending requests: AGL urges Nepra to issue revised FCC ISLAMABAD: Attock Gen Limited (AGL) has urged National Electric Power Regulatory Authority (NEPRA) to issue revised... Updated 30 Jan, 2024 09:51am
Third parties on commercial basis: CCI approves 25pc hike in sale price of gas ISLAMABAD: A meeting of the Council of Common Interests (CCI) has approved increase in sale price of natural gas to... Updated 30 Jan, 2024 09:46am
Development budget: NEC approves suggestions of SIFC apex body ISLAMABAD: The National Economic Council (NEC) has approved the recommendations of the Apex Committee of the Special... Updated 30 Jan, 2024 08:47am
Criticising judiciary on social media: No action will be taken against journalists, SC assured ISLAMABAD: Attorney General for Pakistan assured the Supreme Court no action will be taken against the journalists,... Updated 30 Jan, 2024 09:52am
RD on export of precious stones: SIFC panel asks FBR to share taxation procedures ISLAMABAD: An inter-ministerial panel of the SIFC (Special Investment Facilitation Council) has asked the Federal... Updated 30 Jan, 2024 09:47am
CCoE set to approve revised ‘Brownfield Refinery Policy’ ISLAMABAD: The Cabinet Committee on Energy (CCoE) is all set to approve the long-debated revised policy (Brownfield... Updated 30 Jan, 2024 09:50am
Petrol price likely to increase from Feb 1 ISLAMABAD: The interim government may raise the petrol price by Rs 8 to Rs 11 per litre with effect from February 1,... Updated 30 Jan, 2024 10:44am
Energy 300MW floating solar project: Wapda organises ‘road show’ in Bangkok LAHORE: The Wapda organized a day-long road show in Bangkok on Monday for the 300 MW-Floating solar project; the... Published 30 Jan, 2024 04:52am
Business leader says elections will help improve economy KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All... Published 30 Jan, 2024 04:52am
PTCL launches first neutral internet exchange powered by DE-CIX ISLAMABAD: The Pakistan Telecommunication Company Limited (PTCL) launched the first neutral internet exchange in... Published 30 Jan, 2024 04:52am
Growing circular debt challenge EDITORIAL: The power sector circular debt, as per a Business Recorder exclusive news item, reached a high of 2.551... Published 30 Jan, 2024 04:52am
‘Important first step’ EDITORIAL: Palestinians seem torn between “disappointment and excitement”, and rightly so, since the... Published 30 Jan, 2024 04:52am
Extraterritorial assassinations EDITORIAL: As part of a state-sponsored criminal enterprise to suppress dissent, India has let loose hit teams to... Published 30 Jan, 2024 04:52am
Raqami sets up Shariah Board as SBP grants NOC KARACHI: Raqami Islamic Digital Bank (RIDB), after obtaining NOC from the State Bank of Pakistan, has set up... Published 30 Jan, 2024 04:52am
Commodities Paris wheat hits contract low on large supplies, export uncertainty HAMBURG/PARIS: Euronext wheat fell on Monday to set new contract lows, pressured by uncertain export prospects and... Published 30 Jan, 2024 04:52am
Energy Oil prices fall as traders weigh demand concerns against risk premium NEW YORK: Oil prices fell more than a dollar a barrel on Monday as China’s ailing property sector sparked demand... Published 30 Jan, 2024 04:52am
Commodities CBOT soyabean hit 2-year lows HAMBURG: Chicago soyabeans fell to their lowest in just over two years on Monday as more beneficial rain forecast in... Published 30 Jan, 2024 04:52am
Commodities Japan rubber futures slip on higher stockpiles SINGAPORE: Japanese rubber futures fell on Monday as higher inventories, lower tyre production and pessimism on... Published 30 Jan, 2024 04:52am
Commodities PMEX daily trading report KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR18.103 ... Published 30 Jan, 2024 04:52am
Commodities Gold firms on ME flare-up ahead of Fed meeting BENGALURU: Gold firmed on Monday as rising tensions in the Middle East lifted demand for the safe-haven asset, while... Published 30 Jan, 2024 04:52am
Commodities Malaysian palm oil futures snap three-day winning streak SINGAPORE: Malaysian palm oil futures snapped a three-day rally on Monday, due to weakness in rival oils and on... Published 30 Jan, 2024 04:52am
Commodities Copper slides on concern over China’s property sector LONDON: Copper prices retreated on Monday as doubts about demand prospects in top consumer China were reinforced by... Published 30 Jan, 2024 04:52am
Commodities ‘Iron ore rally built on more than just China optimism’ LAUNCESTON, (Australia): Iron ore is having a strong start to the year, with rising prices and robust imports by... Published 30 Jan, 2024 04:52am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday, (January 29, 2024)... Published 30 Jan, 2024 04:52am
Cotton & Textile Prices stable on cotton market LAHORE: The local cotton market experienced tight conditions on Monday, coupled with low trading volumes, according... Published 30 Jan, 2024 04:52am
Cotton & Textile Faisalabad Yarn and Fiber Prices FAISALABAD: Yarn Market Rates on Monday (January 29, 2024) =========================== 6/S-7/S (COTTON)... Published 30 Jan, 2024 04:52am
Commodities Gold prices climb KARACHI: The local market on Monday saw a surge in the gold prices but silver was unmoved, traders said. Gold... Published 30 Jan, 2024 04:52am
Telecom sector investment declines to $762m in 2022-23 ISLAMABAD: Telecom sector investment declined to $762 million in 2022-23 compared to $1.666 billion in 2021-22,... Published 30 Jan, 2024 04:52am