Middle East Assailant takes hostages in Gaza protest near Istanbul ISTANBUL: An assailant on Thursday took people hostage at a plant owned by US cosmetics giant Procter & Gamble... Published 02 Feb, 2024 05:20am
HBL PSL international media rights see 41pc increase LAHORE: The HBL PSL international media rights have seen a significant rise in value as Trans Group FZE acquired the... Published 02 Feb, 2024 05:20am
Governor for development of health, education sectors LAHORE: Terming the public private partnership as a successful model, the Punjab Governor Muhammad Balighur Rehman... Published 02 Feb, 2024 05:20am
Acquisition of 32,000 surveillance cameras approved by Punjab govt LAHORE: Punjab Cabinet, which met with Chief Minister Mohsin Naqvi in the chair, approved the acquisition of 32,000... Published 02 Feb, 2024 05:20am
‘Ab Gaon Chamkein Gay’ programme: Punjab govt collects Rs159m as sanitation fees from rural areas LAHORE: After the implementation of ‘Ab Gaon Chamkein Gay’ programme across 36 districts of the province, the... Published 02 Feb, 2024 05:20am
PML-N leader for importing crude oil from Russia LAHORE: The Pakistan Muslim League-Nawaz (PML-N) senior leader Mussadiq Malik said on Thursday that cheap crude oil... Published 02 Feb, 2024 05:20am
South Asia India boosts infrastructure spending in pre-poll budget NEW DELHI: India’s finance minister unveiled her last budget Thursday before general elections this year,... Published 02 Feb, 2024 05:20am
US strikes 10 Houthi drones, downs unmanned Iranian aircraft WASHINGTON: American forces carried out strikes in Yemen against 10 attack drones and a ground control station... Published 02 Feb, 2024 05:20am
French farmers’ unions call for end to roadblock protests PARIS: France’s leading farming unions called Thursday to end nationwide roadblocks over pay, tax and regulation... Published 02 Feb, 2024 05:20am
UN ‘appalled’ by killing of 50 people in Mali attacks GENEVA: The UN rights chief said Thursday he was “appalled” by alleged summary executions of 25 people by... Published 02 Feb, 2024 05:20am
Europe EU agrees massive Ukraine aid deal in ‘message’ to Putin BRUSSELS: European Union leaders on Thursday overcame months of opposition from Hungarian leader Viktor Orban to... Published 02 Feb, 2024 05:20am
Caretakers committed to holding polls as per schedule: Solangi KARACHI: Federal Minister for Information, Broadcasting and Parliamentary Affairs, Murtaza Solangi on Thursday said... Published 02 Feb, 2024 05:20am
BISP increases quarterly stipend ISLAMABAD: Benazir Income Support Programme (BISP) has increased its quarterly stipend under the Kifaalat ... Published 02 Feb, 2024 05:20am
‘OIC Ombudsmen’s summit to have far-reaching results’ KARACHI: Federal Insurance Ombudsman (FIO) Dr Muhammad Khawar Jameel has said that the 10th annual meeting of the... Published 02 Feb, 2024 05:20am
The Weather KARACHI: The weather report on Thursday (February 01, 2024) and the forecast for Friday (February 02, 2024)... Published 02 Feb, 2024 05:20am
One killed in Quetta blast QUETTA: One person was killed in a blast on Quetta’s CPEC Road on Thursday, police said. The incident came hours... Published 02 Feb, 2024 05:20am
Elections in KP, Balochistan as per schedule ISLAMABAD: In the wake of resurgence of terrorism in Khyber Pakhtunkhwa and Balochistan, the general elections in ... Published 02 Feb, 2024 05:20am
Imran, Qureshi compromised Pakistan’s standing, says judge ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founder and former premier Imran Khan in connivance with the accused, Shah... Published 02 Feb, 2024 05:20am
Bilawal moves into top gear as election nears KHUZDAR: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari has said that only his party can face the... Updated 02 Feb, 2024 08:46am
Two terrorists killed in D I Khan ISLAMABAD: Two terrorists were killed on Thursday when security forces conducted an intelligence-based operation in... Published 02 Feb, 2024 05:20am
Pakistan, EU agree to strengthen parliamentary linkages ISLAMABAD: Pakistan and the European Union have agreed to strengthen parliamentary linkages through frequent... Published 02 Feb, 2024 05:20am
AGP visited: Alvi underscores need for better legal framework in govt spending, financial accountability ISLAMABAD: President Dr Arif Alvi on Thursday emphasised the need to improve the legal framework to strengthen... Published 02 Feb, 2024 05:20am
Bilawal forging ‘third’ way in polarised country’s politics BATKHELA: Brandishing an oversized arrow and rallying support in northern tribal region, Bilawal Bhutto Zardari... Published 02 Feb, 2024 05:20am
PARTLY FACETIOUS: Wasn’t Maryam a beneficiary à la carte as well? “I have to admit – it did surprise me.” “What? That Sanam Javed is in jail but not yet convicted, and as ... Published 02 Feb, 2024 05:20am
General Election: Sindh announces holidays for education sector KARACHI: Following Punjab, Sindh government Thursday also announced long holidays for the education sector from... Published 02 Feb, 2024 05:20am
PTI says popularity of party, IK has only increased ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Thursday said that a high-handed plan is being hatched to keep the... Published 02 Feb, 2024 05:20am
PTI to hold on Monday intra-party polls afresh ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) announced on Thursday that it would hold intra-party elections again on... Published 02 Feb, 2024 05:20am
Rainy spell forecast for Sindh KARACHI: The city is expected to see a light drizzle on Friday (today), as the Met Office on Thursday forecast a... Updated 02 Feb, 2024 09:46pm
KCAA rejects APSA allegations KARACHI: The Karachi Customs Agents Association (KCAA), representing the Customs Agents Community, vehemently denies... Published 02 Feb, 2024 05:20am
Alvi urges Russia, Italy and Mongolia to invest in country ISLAMABAD: President Dr Arif Alvi has urged Russia, Italy, and Mongolia to invest in Pakistan and to enhance trade... Published 02 Feb, 2024 05:20am
Seeking ‘a level playing field’: PTI’s Shoaib Shaheen approaches IHC ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Shoaib Shaheen advocate contesting elections from the federal... Published 02 Feb, 2024 05:20am
Fly Jinnah to begin Sharjah flights from 17th KARACHI: Fly Jinnah, Pakistan’s low-cost carrier, has announced to commence international operations with double... Published 02 Feb, 2024 05:20am
Nawaz says will create 0.2m new jobs if voted to power SWAT: Pakistan Muslim League (PML-N) top leader and former prime minister Nawaz Sharif has felt the pain of the... Published 02 Feb, 2024 05:20am
Court adjourns hearing of IK-Bushra Nikkah case till today RAWALPINDI: A local court adjourned the hearing of Nikkah case against Pakistan Tehreek-e-Insaf (PTI) founder Imran... Published 02 Feb, 2024 05:20am
Need for reforms and accountability Corruption will continue to thrive until justice systems can punish wrongdoing and keep governments in check. When... Published 02 Feb, 2024 05:20am
Economic manifestos of major parties: philosophy, vehicles, and goals Although elections are right around the corner on February 8, leaving little time for discussion on manifestos, the... Updated 02 Feb, 2024 10:16pm
Letters Peaceful environment is critical to peaceful polls Not only is the election scene a lacklustre affair owing to a variety of reasons, it is fraught with dangers of... Published 02 Feb, 2024 05:20am
Building advanced metering infrastructures Late last year, power regulator Nepra took notice of billing discrepancies in numerous electricity bills issued by... Published 02 Feb, 2024 05:20am
Stocks Wall St gains ground after Fed-driven selloff NEW YORK: Wall Street bounced back on Thursday, after a selloff in the previous session as the US Federal Reserve... Published 02 Feb, 2024 05:20am
Stocks European shares slip on disappointing updates from banks PARIS: European shares slipped on Thursday, pulled down by downbeat updates from banks across the continent as well... Published 02 Feb, 2024 05:20am
Stocks Indian shares close lower after budget BENGALURU: Indian shares closed marginally lower on Thursday after the country’s finance minister presented the... Published 02 Feb, 2024 05:20am
Stocks China stocks end mixed on policy support SHANGHAI: China stocks ended little changed on Thursday, following four sessions of declines, after a private-sector... Published 02 Feb, 2024 05:20am
Stocks Tokyo stocks end lower after US falls TOKYO: Tokyo stocks ended lower on Thursday following falls on Wall Street after the US Federal Reserve signalled... Published 02 Feb, 2024 05:20am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (February 01, 2024).... Published 02 Feb, 2024 05:20am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (February 01, 2024). ==================================== ... Published 02 Feb, 2024 05:20am
Rates PSX stays on firm footing KARACHI: Pakistan Stock Exchange on Thursday witnessed a rangebound session and after moving in both directions,... Published 02 Feb, 2024 05:20am
Energy Maniar continues to serve as SSGC MD/CEO KARACHI: The Board of Directors of Sui Southern Gas Company (SSGC) has decided that Imran Maniar will continue to... Published 02 Feb, 2024 05:20am
Energy MPCL successfully drills well in Mari Deep Goru-B formation KARACHI: Mari Petroleum Company Limited (MPCL) has successfully drilled another development well in Mari Deep Goru-B... Published 02 Feb, 2024 05:20am
Energy KATI rejects rise in petrol price KARACHI: Johar Ali Qandhari, President of the Korangi Association of Trade and Industry (KATI), has voiced strong... Published 02 Feb, 2024 05:20am
Energy Oil prices buoyed by US signals on interest rate cuts NEW YORK: Oil prices edged higher on Thursday, boosted by the US Federal Reserve signalling a possible start to... Published 02 Feb, 2024 05:20am
Grains Chicago wheat falls on weak demand LONDON/CANBERRA: Chicago wheat futures fell on Thursday weighed down by weak demand and falling export prices in... Published 02 Feb, 2024 05:20am
Commodities India to increase coal-fired capacity in 2024 NEW DELHI: India will start operating new coal-fired power plants with a combined capacity of 13.9 gigawatts (GW)... Published 02 Feb, 2024 05:20am
Grains Argentina grains exports soar in Jan BUENOS AIRES: Argentina’s grains exports hit $1.25 billion in January, up 64% versus a year earlier, industry data... Published 02 Feb, 2024 05:20am
Grains Asia rice: India rates extend rally on low supplies BENGALURU/MUMBAI/HANOI/BANGKOK/BANGLADESH: Parboiled rice export prices from India extended their record rally this... Published 02 Feb, 2024 05:20am
Commodities Dalian iron ore end mixed SHANGHAI: Dalian iron ore futures dipped further on Thursday while prices in Singapore rebounded, as investors... Published 02 Feb, 2024 05:20am
Commodities Copper retreats on changing interest rate signals LONDON: Copper prices fell in London on Thursday on a stronger dollar and receding hopes of a March cut to US... Published 02 Feb, 2024 05:20am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday, (February 01, 2024)... Published 02 Feb, 2024 05:20am
Cotton & Textile Prices steady on cotton market LAHORE: The local cotton market witnessed subdued activity on Thursday, with trading volumes remaining low.... Published 02 Feb, 2024 05:20am
Commodities Japanese rubber futures dip SINGAPORE: Japanese rubber futures declined on Thursday, hurt by soft Asian manufacturing data and lower vehicle... Published 02 Feb, 2024 05:20am
Commodities PMEX daily trading report KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR31.438... Published 02 Feb, 2024 05:20am
Energy OPEC+ sticks to its strategy to reduce output VIENNA: An OPEC+ panel on Thursday reaffirmed the oil cartel's current output reduction strategy, supported by Saudi... Published 02 Feb, 2024 05:20am
Rates LME official prices LONDON: The following were Wednesday official prices. ========================================= ALUMINIUM... Published 02 Feb, 2024 05:20am
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 02 Feb, 2024 05:20am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Thursday (February 01, 2024). ========================== KIBOR... Published 02 Feb, 2024 05:20am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 02 Feb, 2024 05:20am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Thursday (February 01, 2024). ======================== Open ... Published 02 Feb, 2024 05:20am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (February 01, 2024).... Published 02 Feb, 2024 05:20am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (February 01, 2024)... Published 02 Feb, 2024 05:20am
Cotton & Textile Faisalabad Yarn and Fiber Prices FAISALABAD: Yarn Market Rates on Thursday (February 01, 2024) =========================== 6/S-7/S (COTTON)... Published 02 Feb, 2024 05:20am
Hike in 146 drug prices allowed Caretaker federal cabinet approves signing of an MoU between the Competition Commission of Pakistan and the State Administration of Market Regulation China Updated 02 Feb, 2024 11:45am
Industrial tariff revision: Parleys with IMF in a day or two ISLAMABAD: The government team is all set to hold a session with International Monetary Fund (IMF) in a day or two... Updated 02 Feb, 2024 09:20am
CDWP clears four projects worth Rs138.66bn ISLAMABAD: The Central Development Working Party (CDWP) has cleared four development projects with a total cost of... Updated 02 Feb, 2024 09:23am
Transition from Libor to ‘SOFR’ approved: ECC decides to provide subsidy on wheat to G-B ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has decided to provide subsidy on wheat to... Updated 02 Feb, 2024 09:22am
BoE puts high rates ‘under review’ LONDON: The Bank of England kept interest rates at a nearly 16-year high on Thursday but opened up the possibility ... Published 02 Feb, 2024 05:20am
Telecom sector: FBR launches single sales tax return ISLAMABAD: The Federal Board of Revenue (FBR) has launched single sales tax return (tax period of January 2024) for... Updated 02 Feb, 2024 09:21am
Jan CPI inflation soars to 28.3pc YoY ISLAMABAD: The Consumer Price Index (CPI) based inflation increased to 28.3 percent on a year-on-year (YoY) basis in... Published 02 Feb, 2024 05:20am
Karot hydropower project: Chinese firm concerned at curbs on its staff’s movement ISLAMABAD: Chinese company M/s China Three Gorges South Asia Investment Ltd (CSAIL) has reportedly expressed serious... Updated 02 Feb, 2024 09:45am
Engagement with IPPs: CCoE directs PD to initiate separate case ISLAMABAD: The Cabinet Committee on Energy (CCoE) has directed the Power Division to initiate separate case for... Updated 02 Feb, 2024 08:57am
Senate panel approves ban on export of minerals ISLAMABAD: The Senate Standing Committee on Commerce on Thursday approved ban on export of both metallic and... Updated 02 Feb, 2024 08:47am
Country’s foreign missions: Communication systems safe, protected: FO ISLAMABAD: Amid concerns that Pakistan’s former prime minister Imran Khan might have compromised the security of the... Updated 02 Feb, 2024 09:43am
South Asia Centuries-old mosque torn down in Indian capital NEW DELHI: Bulldozers have knocked down a centuries-old mosque in India’s capital, a member of the building’s... Published 02 Feb, 2024 05:20am
Europe Tens of thousands grounded in German airport security staff strike FRANKFURT, (Germany): Tens of thousands of passengers were grounded on Thursday as airport security staff across... Published 02 Feb, 2024 05:20am
Forex reserves decline $79m KARACHI: The country’s total liquid foreign reserves fell by $79 million during the last week. According to State... Published 02 Feb, 2024 05:20am
Returns filed on Jan 01: KTBA urges FBR to include corporate taxpayers in ATL 2024 KARACHI: The Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to include... Updated 02 Feb, 2024 09:44am
Railways infrastructure, terminal development, other areas: Pakistan, Dubai start discussions on investments ISLAMABAD: Following the signing of two separate government-to-government (G2G) agreements in Davos at the World... Published 02 Feb, 2024 05:20am
Money & Banking Digital payments: Faysal Bank and Total Parco sign agreement ISLAMABAD: Faysal Bank Limited and Total Parco, signed an agreement for the provision of cashless transactions ... Published 02 Feb, 2024 05:20am
Money & Banking Bank Alfalah records an impressive year of growth KARACHI: The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on February 01, 2024, approved... Published 02 Feb, 2024 05:20am
RUDA, FPCCI foster collaboration for regional economic growth LAHORE: Ravi Urban Development Authority (RUDA) and the Federation of Pakistan Chambers of Commerce & Industry... Published 02 Feb, 2024 05:20am
China pledges to stick with fiscal expansion to spur economy BEIJING: China will maintain fiscal expansion this year to spur an economic recovery, Vice Finance Minister Wang... Published 02 Feb, 2024 05:20am
Fiscal house needs repairs EDITORIAL: The fiscal summary is a mixed bag in 1HFY24 (first six months of fiscal year 2023-24) as the government... Published 02 Feb, 2024 05:20am
Tackling child labour EDITORIAL: Given the abject poverty too many in the country live in and the precarious economic situation Pakistan... Published 02 Feb, 2024 05:20am
Money & Banking GDEIB awards announced: HBL, Bank Alfalah, Nestlé Pakistan declared ‘Most Inclusive Organisations 2023’ ISLAMABAD: HR Metrics conducted the GDEIB awards on annual basis through a merit-based process in which ... Published 02 Feb, 2024 05:20am
Money & Banking Dollar mixed after Powell pushes back against March rate cut NEW YORK: The dollar was steady against the euro on Thursday and fell against the yen after Federal Reserve Chair... Published 02 Feb, 2024 05:20am
Money & Banking Australia, NZ dlrs back in familiar range after choppy response to Fed SYDNEY: The Australian and New Zealand dollars were back to their familiar ranges on Thursday after a choppy ... Published 02 Feb, 2024 05:20am
Money & Banking Asian FX wobbles after Fed holds interest rates steady BENGALURU: Asian currencies struggled for a clear direction on Thursday as investors assessed signals from the US... Published 02 Feb, 2024 05:20am
Commodities Gold drifts lower after Fed meet refutes March rate cut prospects BENGALURU: Gold prices edged lower on Thursday, weighed by a stronger dollar after the Federal Reserve resisted the... Published 02 Feb, 2024 05:20am
Commodities Karachi Port activities KARACHI: The Karachi Port Trust handled 168,184 tonnes of cargo comprising 92,023 tonnes of import cargo and 76,161... Published 02 Feb, 2024 05:20am
Industry Minister for increased focus on technological needs of small-scale farmers ISLAMABAD: Caretaker Federal Minister for National Food Security and Research Dr Kausar Abdullah Malik has ... Published 02 Feb, 2024 05:20am
Industry KCCI says ‘unexpected’ hike in petrol price to add to people’s woes KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh, while rejecting the... Published 02 Feb, 2024 05:20am