Iran announces 41pc turnout in parliamentary elections TEHRAN: Iran on Monday announced a turnout of 41 percent in last week’s elections for parliament and a key ... Published 05 Mar, 2024 03:09am
Sweden arms exports rose 18pc in 2023 STOCKHOLM: Sweden’s arms exports rose 18 percent in 2023 to reach 1.6 billion euros as the Russia-Ukraine war ... Published 05 Mar, 2024 03:09am
Delegates, not votes, unlock the gates for White House race WASHINGTON: When the richest haul in the US presidential primary race arrives on “Super Tuesday,” millions of... Published 05 Mar, 2024 03:09am
South Asia Gang rape of Spanish tourist: Indian police hunt more suspects NEW DELHI: Three Indian men have appeared in court after the gang rape of a Spanish tourist on a motorbike trip with... Published 05 Mar, 2024 03:09am
Europe Church of England urged to give more than $1bn to pay for slavery ties LONDON: The Church of England on Monday pledged to boost efforts to compensate for historical ties to slavery after ... Published 05 Mar, 2024 03:09am
Islamabad United defeat Peshawar Zalmi KARACHI: Islamabad United Monday inflicted a 29-run defeat on Peshawar Zalmi during the ongoing Pakistan Super ... Published 05 Mar, 2024 03:09am
Business & Economy Economic policy over next several months crucial for Pakistan: US Ambassador KARACHI: US Ambassador to Pakistan Donald Blome has said economic policy developed over the next several months... Updated 05 Mar, 2024 04:32pm
APNS felicitates Shehbaz KARACHI: The APNS welcomes the election of Mian Shehbaz Sharif as Prime Minister of Pakistan for the second... Published 05 Mar, 2024 03:09am
USC’s PM Ramazan Relief Package 2024 begins ISLAMABAD: Once again, the Prime Minister of Pakistan has announced a subsidy of Rs 7.5 billion for this Ramazan ... Published 05 Mar, 2024 03:09am
Eradicating systemic corruption The pervasive issue of corruption and mismanagement acts as a two-edged sword that significantly undermines societal... Published 05 Mar, 2024 03:09am
Reserved seats: PTI decides to challenge ECP’s verdict in SC ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Monday decided to challenge the top electoral body’s verdict in the... Published 05 Mar, 2024 03:09am
Gwadar’s flood: victims China Overseas Ports Holding (Pakistan) donates relief supplies KARACHI: From February 27th to 29th, Gwadar suffered the heaviest and longest-lasting rainstorm over the last 16... Published 05 Mar, 2024 03:09am
Asad made Secretary to PM ISLAMABAD: Asad Rehman Gilani has been appointed Secretary to the Prime Minister, replacing Khurram Agha who has ... Published 05 Mar, 2024 03:09am
Shehbaz assumes office ISLAMABAD: Prime Minister Shehbaz Sharif assumed the office on Monday soon after taking the oath of prime minister.... Published 05 Mar, 2024 03:09am
Six private bills, including Anti-Rape (Amendment) Bill 2022, moved by PTI adopted ISLAMABAD: The outgoing Senate, Monday, passed six private bills, all moved by Pakistan Tehreek-e-Insaf (PTI)... Published 05 Mar, 2024 03:09am
Presidential election: CEC accepts nominations of Zardari, Achakzai ISLAMABAD: Chief Election Commissioner Sikandar Sultan Raja has accepted the nominations of Pakistan Peoples Party... Published 05 Mar, 2024 03:09am
PPP finalises Gilani’s name for Senate chairmanship ISLAMABAD: Amid mounting speculation that former caretaker prime minister Anwaar-ul-Haq Kakar may succeed in getting... Published 05 Mar, 2024 03:09am
Presidential elections: IG discusses security arrangements LAHORE: Inspector General Police Punjab Dr Usman Anwar visited Provincial Election Commissioner Punjab Office, met... Published 05 Mar, 2024 03:09am
SIC submits requisition to convene assembly session LAHORE: The Sunni Ittehad Council, in a move aimed at challenging the government, formally requested the Secretary... Published 05 Mar, 2024 03:09am
Diamer-Bhasha dam, Dasu hydropower projects: Wapda chief for accelerating construction work LAHORE: Water and Power Development Authority (Wapda) Chairman Lt-Gen Sajjad Ghani (R) has directed the project ... Published 05 Mar, 2024 03:09am
South Asia Sri Lanka to cut power tariffs by 21.9pc to ease financial pressure COLOMBO: Sri Lanka will cut power tariffs by 21.9 percent from midnight, the power regulator said on Monday, as the... Published 05 Mar, 2024 03:09am
Haiti schools and banks shut as state of emergency tightens PORT-AU-PRINCE: Haiti’s schools and banks shut Monday with residents only venturing out for essentials, after... Published 05 Mar, 2024 03:09am
South Asia China ends 30-year tradition: premier’s annual press conference BEIJING: China has scrapped one of the most widely-followed events on its economic and policy calendar, the... Published 05 Mar, 2024 03:09am
Australia warns Southeast Asia of ‘coercive actions’ SYDNEY: Australia said on Monday Indo-Pacific and Southeast Asian countries are facing serious defence threats as it... Published 05 Mar, 2024 03:09am
Israel carries out biggest Ramallah raid in years RAMALLAH: Israeli forces raided the Palestinian administrative capital of Ramallah in the occupied West Bank... Published 05 Mar, 2024 03:09am
Karachi likely to witness increase in temperature soon KARACHI: The city is likely to see an increase in temperatures soon, as the Met Office on Monday heralded an end to... Published 05 Mar, 2024 03:09am
Bhutto’s murder trial ‘History cannot be reversed; it can still be corrected’: Sherry ISLAMABAD: Pakistan People’s Party (PPP) Vice President Senator Sherry Rehman on Monday responded to the ... Published 05 Mar, 2024 03:09am
US ambassador Blome congratulates Shehbaz ISLAMABAD: United States Ambassador to Pakistan Donald Blome has congratulated Shehbaz Sharif on assumption of the... Published 05 Mar, 2024 03:09am
$400m HEDP: WB mission reviews progress ISLAMABAD: The World Bank Mission reviewed progress of Higher Education Development in Pakistan (HEDP) worth around... Published 05 Mar, 2024 03:09am
The Weather KARACHI: The weather report on Monday (March 04, 2024) and the forecast for Tuesday (March 05, 2024)... Published 05 Mar, 2024 03:09am
Shehbaz takes oath as 24th PM ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) president Shehbaz Sharif on Monday took oath as Pakistan’s 24th... Published 05 Mar, 2024 03:09am
Reserved seats: ECP disallows petition of SIC ISLAMABAD: Issuing yet another apparently controversial decision that has stirred a fresh controversy - after being... Published 05 Mar, 2024 03:09am
Z A Bhutto reference: SC reserves its verdict ISLAMABAD: The Supreme Court reserved its opinion on the Presidential Reference seeking to revisit the death ... Published 05 Mar, 2024 03:09am
Trial of General Pervez (retd): LHC had wrongly applied Mustafa Impex case: SC ISLAMABAD: The Supreme Court (SC) held that the Lahore High Court (LHC) while declaring the Special Court, set up ... Published 05 Mar, 2024 03:09am
Challenges, challenges The shape of the post-election regime has been more or less settled, with the remaining Presidential election on... Published 05 Mar, 2024 03:09am
Economic contradictions There are a number of economic events and happenings in Pakistan which are difficult to find immediate and rational... Published 05 Mar, 2024 03:09am
Uganda team embarks on study visit to BISP HQs ISLAMABAD: A 17-member delegation from Uganda led by Aggrey David Kibenge, Permanent Secretary of the Ministry of... Published 05 Mar, 2024 03:09am
SIUT refutes baseless medical advisory KARACHI: Time and again this has been observed that some fictitious, unfounded, and baseless medical advisory is... Published 05 Mar, 2024 03:09am
Pakistan will emerge as a largest economy: Gohar LAHORE: Former Caretaker Federal Minister for Commerce and Industry and Interior, Dr Gohar Ijaz, addressed the... Published 05 Mar, 2024 03:09am
Pakistan has alarmingly low fiber-teledensity ISLAMABAD: Pakistan has an alarmingly low fiber-teledensity (0.45 percent) with almost 164,000 km of deployed ... Published 05 Mar, 2024 03:09am
Cypher case: Omar calls for trial of IK’s ex-military secretary ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Secretary General Omar Ayub Khan on Monday called for trial of former ... Published 05 Mar, 2024 03:09am
National Immigration & Welfare Policy in final stages: Dr Arshad KARACHI: The Federal Secretary of Overseas Pakistanis and Human Resource Development Dr. Arshad Mahmood on Monday... Published 05 Mar, 2024 03:09am
Maryam announces first-ever public sector cancer hospital in Punjab LAHORE: Announcing the establishment of the first-ever public sector cancer hospital in the province, Punjab Chief... Published 05 Mar, 2024 03:09am
Suthra Punjab campaign: LWMC intensifies cleaning activities LAHORE: The Lahore Waste Management Company (LWMC) on Monday intensified its cleaning activities as part of the... Published 05 Mar, 2024 03:09am
LHC dismisses plea against Aurat March LAHORE: The Lahore High Court on Monday dismissed a petition of a citizen against the upcoming Aurat March in the... Published 05 Mar, 2024 03:09am
KCFR hosts conference on healthcare awareness for women KARACHI: To celebrate the International Women's Day, the Karachi Council on Foreign Relations (KCFR) organized a... Published 05 Mar, 2024 03:09am
Audio leaks case: IHC again summon PTA chairman ISLAMABAD: The Islamabad High Court (IHC) again summoned the Pakistan Telecommunication Authority (PTA) chairman in... Published 05 Mar, 2024 03:09am
SNPC-I & II reference: Hearing against Sindh CM, others adjourned till April 18 ISLAMABAD: The Accountability Court, on Monday, adjourned the hearing of the Sindh Nooriabad Power Companies (SNPC-I... Published 05 Mar, 2024 03:09am
World TB Day marked: Govt with global partners launch campaign for elimination ISLAMABAD: The Ministry of National Health Services and Regulations has vowed to end tuberculosis (TB) from the... Published 05 Mar, 2024 03:09am
Early redressal of economic challenges facing Pakistan urged ISLAMABAD: Experts, on Monday, emphasised the need for an early redressal of economic challenges facing Pakistan,... Published 05 Mar, 2024 03:09am
Detenue shall not be arrested without cancellation of bail granted by court: LHC LAHORE: The Lahore High Court held that once an accused person has been granted bail, he cannot be arrested by the... Published 05 Mar, 2024 03:09am
WB report on ‘women, business and law’: ‘Pakistan only S Asian country registering improvement’ ISLAMABAD: Pakistan is among the 18 economies globally, and the only South Asian country, registering improvement in... Published 05 Mar, 2024 03:09am
Letters ‘IMF programme will test SIFC’ This is apropos a Business Recorder op-ed “IMF programme will test SIFC” carried by the newspaper last Thursday.... Published 05 Mar, 2024 03:09am
Rain-related incidents: 35 killed, 43 injured in KP: PDMA PESHAWAR: At least 35 people were killed and 43 others injured in the recent rains related incidents in Khyber... Published 05 Mar, 2024 03:09am
Stocks Asian forex kick off event-packed week on positive note BENGALURU: Most Asian currencies and stocks rose on Monday, as investors prepared themselves for a week filled with... Published 05 Mar, 2024 03:09am
Stocks Wall St slips after record-breaking rally NEW YORK: Wall Street’s main indexes lost some steam on Monday after the S&P 500 and the Nasdaq’s... Published 05 Mar, 2024 03:09am
Stocks European stocks hover near record highs PARIS: European stocks settled just below all-time highs on Monday, as investors digested strong gains in recent... Published 05 Mar, 2024 03:09am
Stocks Nikkei breaches 40,000 level as investor sentiment flies high TOKYO: Japan’s main stock benchmark breached 40,000 points for the first time to end Monday at a record closing... Published 05 Mar, 2024 03:09am
Stocks China stocks edge up, Hong Kong flat SHANGHAI: China stocks edged up on Monday while Hong Kong shares closed flat, with traders turning cautious as they... Published 05 Mar, 2024 03:09am
PARTLY FACETIOUS: Daddy has done her a disservice “I reckon the human race understands the principle of reciprocity.” “You scratch my back and I will scratch... Published 05 Mar, 2024 03:09am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 04, 2024).... Published 05 Mar, 2024 03:09am
Rates LME official prices LONDON: The following were Friday official prices. ========================================= ALUMINIUM... Published 05 Mar, 2024 03:09am
KIBOR falls 10 bps on lower inflation figures KARACHI: The Karachi Interbank Offered Rate (KIBOR) on Monday fell 10 basis points (bps) on lower inflation figures.... Updated 05 Mar, 2024 11:35am
MFPU head: FD to hire professional for 3 years ISLAMABAD: The Finance Division has decided to hire a professional to head the Macro-Fiscal Policy Unit (MFPU)... Updated 05 Mar, 2024 09:18am
Rates PSX sees bullish trend KARACHI: Pakistan Stock Exchange on Monday witnessed bullish trend and closed on strong positive note with healthy... Published 05 Mar, 2024 03:09am
ADB warns govt of loan suspension ISLAMABAD: The Asian Development Bank (ADB) has cautioned the government that if Audited Project Financial... Updated 05 Mar, 2024 09:35am
KP PA approves over Rs159bn budget for current month PESHAWAR: The newly formed provincial Assembly of Khyber Pakhtunkhwa during its maiden session here on Monday... Updated 05 Mar, 2024 09:36am
Poor civil works, etc: Nepra warns MD NTDC of possible action ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has warned Managing Director, National Transmission... Updated 05 Mar, 2024 09:18am
Integrating renewable energy into operations: Nepra grants approval to two of three RFPs submitted by KE ISLAMABAD: In a significant development, National Electric Power Regulatory Authority (NEPRA) has granted approval... Updated 05 Mar, 2024 10:38am
PSO to write letter to govt to help the entity avert default ISLAMABAD: Chairman Board of Management (BoM) of Pakistan State Oil (PSO), Asif Baig Mohamed will write a SOS (Save... Updated 05 Mar, 2024 08:49am
Probe into May 9 riots: Bilawal endorses PTI’s joint commission demand ISLAMABAD: Amid pandemonium in the National Assembly, chairman Pakistan Peoples Party Bilawal Bhutto Zardari on... Updated 05 Mar, 2024 08:49am
Registered persons: FBR issues new procedure for disposal of requests ISLAMABAD: The Federal Board of Revenue (FBR) has issued a new procedure for disposal of requests of registered... Updated 05 Mar, 2024 09:46am
March 3, 2024: FBR issues Rs65bn refunds to exporters ISLAMABAD: The Federal Board of Revenue (FBR) has issued all outstanding refunds as on March 3, 2024 to exporters... Updated 05 Mar, 2024 09:20am
Commodities Gold prices rise KARACHI: Gold prices on Monday continued to grow on the local market but silver stood its ground, traders said. At... Published 05 Mar, 2024 03:09am
Commodities Malaysian palm oil dips SINGAPORE: Malaysian palm oil futures dropped for a second straight session on Monday amid a stronger ringgit and... Published 05 Mar, 2024 03:09am
Commodities Gold advances to 3-month high BENGALURU: Gold prices hit a three-month peak on Monday, driven by increased bets for a June interest rate cut by ... Published 05 Mar, 2024 03:09am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 293,155 tonnes of cargo comprising 184,746 tonnes of import cargo and ... Published 05 Mar, 2024 03:09am
Cotton & Textile Stable trend on cotton market LAHORE: The local cotton market on Monday remained steady and the trading volume remained low. Cotton Analyst ... Published 05 Mar, 2024 03:09am
Commodities PMEX daily trading report KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 41.487... Published 05 Mar, 2024 03:09am
Energy Oil prices fall NEW YORK: Oil prices fell slightly on Monday, as demand headwinds counterbalanced a widely expected extension of... Published 05 Mar, 2024 03:09am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Monday (March 04, 2024). ========================== KIBOR... Published 05 Mar, 2024 03:09am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 05 Mar, 2024 03:09am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Monday (March 04, 2024). ==================================== BR... Published 05 Mar, 2024 03:09am
Forex Dollar's rate in Interbank market KARACHI: Interbank closing rates for dollar on Monday (March 04, 2024). ======================== Open Bid Rs... Published 05 Mar, 2024 03:09am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (March 04, 2024).... Published 05 Mar, 2024 03:09am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (March 04, 2024)... Published 05 Mar, 2024 03:09am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Monday (March 04, 2024). ======================================= Offset... Published 05 Mar, 2024 03:09am
IMF: PM asks his team to begin a course of action Directs it to prepare an action plan on an emergency basis to improve the economic situation Updated 05 Mar, 2024 09:47am
Durra gas field: Iran rejects GCC communiqué DUBAI: Iran rejected a Gulf Cooperation Council (GCC) communique claiming the Durra gas field as “jointly and only... Published 05 Mar, 2024 03:09am
Financial inclusion helps stimulate economic growth: SBP KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmed has said that financial inclusion creates a broad base ... Published 05 Mar, 2024 03:09am
Self-assessment of performance EDITORIAL: The Caretaker cabinet expressed satisfaction at the steps taken during its tenure that was 14 weeks more... Published 05 Mar, 2024 03:09am
The formidable challenge ahead EDITORIAL: With Prime Minister Shehbaz Sharif taking his oath of office on Sunday, we can finally hope for some... Published 05 Mar, 2024 03:09am
Industry UBG president for reducing industrial production costs KARACHI: President of United Business Group (UBG), Zubair Tufail has clarified to the government that exports will... Published 05 Mar, 2024 03:09am
Industry PBF calls for framing 20-year economic vision KARACHI: The Pakistan Business Forum (PBF) President Khawaja Mehboob ur Rehman called for framing a 20-year economic... Published 05 Mar, 2024 03:09am
Industry LCCI President inaugurates exhibition of Pakistan Chemical Forum LAHORE: On Monday, Lahore Chamber of Commerce and Industry (LCCI) president Kashif Anwar inaugurated the "Pakistan... Published 05 Mar, 2024 03:09am
Companies ZTBL announces highly impressive financial results ISLAMABAD: ZTBL is country’s g premier specialized financial institution, playing a pivotal role in the economy... Published 05 Mar, 2024 03:09am
Money & Banking Bitcoin bursts above $65,000, record high comes into view LONDON/SIN-GAPORE: Bitcoin rallied to a two-year high on Monday, breaking above $65,000 as a wave of money carried ... Published 05 Mar, 2024 03:09am
Money & Banking Dollar edges down vs euro NEW YORK: The US dollar edged down against the euro on Monday, at the start of an action-packed week for markets ... Published 05 Mar, 2024 03:09am
Taxes Cotton processor secures input tax refund LAHORE: A cotton processor has secured input tax refund, which was rejected by the sales tax department after the... Published 05 Mar, 2024 03:09am
Feb cement despatches fall 19.22pc to 3.26MT YoY LAHORE: Cement industry has urged the new government to start pending public sector development projects to provide... Published 05 Mar, 2024 03:09am