South Asia 20 killed in Afghanistan suicide bombing KANDAHAR: The death toll from a suicide bombing in Afghanistan’s Kandahar early Thursday has reached at least 20... Published 22 Mar, 2024 04:57am
Javeria Khan announces retirement from int’l cricket LAHORE: Woman cricketer Javeria Khan has announced her retirement from international cricket, 15 years after making... Updated 22 Mar, 2024 05:41am
PCB set to launch first-ever Inter-Collegiate Ramadan T20 Cup LAHORE: The Pakistan Cricket Board (PCB) has launched the first-ever Inter-Collegiate Ramadan T20 Cup, which is set... Published 22 Mar, 2024 04:57am
APNS felicitates Mubashir Hassan KARACHI: The APNS welcomes and congratulate Mubashir Hassan on his appointment for the second term as Principal... Published 22 Mar, 2024 04:57am
LHC explains how to compute income of insurance firms ISLAMABAD: Lahore High Court (LHC), Thursday, held that the income of an insurance company shall be computed as per... Published 22 Mar, 2024 04:57am
Liquor worth Rs145.6m recovered in operation KARACHI: A joint intelligence-based operation, coordinated through Joint Maritime Information and Coordination... Published 22 Mar, 2024 04:57am
Mubashir Hassan made PIO ISLAMABAD: Senior Information Officer of Grade 20 Mubashir Hassan was appointed as Executive Director General/... Published 22 Mar, 2024 04:57am
Income, not consumption, taxes: Applying a ‘national income tax’ for a welfare state ‘The fundamental injustice of consumption taxes, relative to income taxes, is that the well-off can postpone them by... Updated 22 Mar, 2024 11:00am
Violations of privacy rights Pakistan not only faces economic and political challenges but has also to contend with multiple pressing issues... Updated 22 Mar, 2024 05:28am
UK parliament in stand-off over Rwanda migrants plan LONDON: Britain’s Conservative government insisted Thursday that it still aimed to send migrants to Rwanda in the... Published 22 Mar, 2024 04:57am
US takes on Apple in antitrust lawsuit WASHINGTON: The US Department of Justice and 15 US states on Thursday sued Apple, alleging it monopolized smartphone... Published 22 Mar, 2024 04:57am
US urges ‘immediate’ ceasefire as Gaza war grinds on GAZA STRIP: The US top diplomat stressed Thursday the need for an “immediate ceasefire” and a deal to free... Published 22 Mar, 2024 04:57am
At least 50 attacks on ships by Yemen’s Huthis WASHINGTON: The Huthi rebels have attacked civilian and military ships sailing off Yemen’s shores at least 50 ... Published 22 Mar, 2024 04:57am
CPJ for drop of charges against BD journalist, demands investigation NEW YORK: Bangladesh authorities must immediately drop all charges against journalist Md Shofiuzzaman Rana and... Published 22 Mar, 2024 04:57am
China opposes US remarks on Arunachal Pradesh, foreign ministry says BEIJING: China strongly opposes the United States saying Arunachal Pradesh is part of India, a spokesperson for the... Published 22 Mar, 2024 04:57am
Turkey and Gulf states to launch talks for free trade pact ANKARA: Turkey and the Gulf Cooperation Council (GCC) have signed a deal to launch negotiations for a Free Trade... Published 22 Mar, 2024 04:57am
US Congress advances $1.2 trillion spending package to avert shutdown WASHINGTON: After days of delay, US congressional leaders unveiled a $1.2 trillion bipartisan spending measure for... Published 22 Mar, 2024 04:57am
Leaders tout nuclear power as climate tool at Brussels summit BRUSSELS: More than 30 countries — including European nations, the United States, Brazil and China — took part ... Published 22 Mar, 2024 04:57am
Israeli raid kills four Palestinians in West Bank camp TULKARM (Palestinian Territories): An Israeli air strike and gunfire have killed four Palestinians at the Nur Shams... Published 22 Mar, 2024 04:57am
Rates Activities of Karachi Port Trust and Port Qasim KARACHI: The Karachi Port Trust handled 122,051 tonnes of cargo comprising 65,985 tonnes of import cargo and 56,066... Published 22 Mar, 2024 04:57am
Samsung to use tech favoured by SK Hynix as AI chip making race heats up SEOUL: Samsung Electronics plans to use a chip making technology championed by rival SK Hynix, five people said, as... Published 22 Mar, 2024 04:57am
Rates LME official prices LONDON: The following were Wednesday official prices. ========================================= ALUMINIUM... Published 22 Mar, 2024 04:57am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Thursday (March 21, 2024). ========================== KIBOR... Published 22 Mar, 2024 04:57am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (March 21, 2024). ==================================== BR... Published 22 Mar, 2024 04:57am
Plea against Nawaz: LHC asks petitioner to come prepared LAHORE: The Lahore High Court (LHC) on Thursday expressed its displeasure during the hearing of a petition filed... Published 22 Mar, 2024 04:57am
LDA DG inaugurates Miyawaki Forest at LDA Avenue-1 LAHORE: Lahore Development Authority (LDA) Director General Tahir Farooq here on Thursday inaugurated the Miyawaki... Published 22 Mar, 2024 04:57am
Belarus president to visit Pakistan soon: envoy ISLAMABAD: The Belarusian Ambassador to Pakistan, Andrei Metelitsa, Thursday, while underscoring the need to enhance... Published 22 Mar, 2024 04:57am
Plantation campaign starts at SU HYDERABAD: In a bid to combat climate change and promote environmental awareness, the Department of Political... Published 22 Mar, 2024 04:57am
Terrorist killed in IBO operation ISLAMABAD: The security forces conducted an intelligence-based operation in District Panjgur. According to ISPR,... Published 22 Mar, 2024 04:57am
Global moot on sustainable development held LAHORE: A three-day global conference on sustainable development in Pakistan, organized by Home Economics ... Published 22 Mar, 2024 04:57am
RUDA launches plantation drive at Rakh Jhokk forest LAHORE: Ravi Urban Development Authority (RUDA) has taken a significant step towards environmental conservation by... Published 22 Mar, 2024 04:57am
Pakistan Coast Guards seizes weapons GWADAR: Pakistan Coast Guards unearthed a cache of concealed weapons and vehicles in Gwadar. According to a ... Published 22 Mar, 2024 04:57am
Formite, The Hunar Foundation enter into partnership KARACHI: Formite and The Hunar Foundation have joined forces in a collaborative effort to empower aspiring youth by... Published 22 Mar, 2024 04:57am
‘Price hike can ultimately lead to political crisis’ KARACHI: Chairman of National Business Group Pakistan, Mian Zahid Hussain said that increasing prices of ... Published 22 Mar, 2024 04:57am
Google brings diverse Ramazan features for Pakistanis KARACHI: Google brings diverse and distinctive Ramazan features and experiences for Pakistanis to celebrate this ... Published 22 Mar, 2024 04:57am
SFAH, local teams conduct joint operation in Qasimabad HYDERABAD: Sindh Food Authority Hyderabad (SFAH) and local administration teams have conducted a joint operation in... Published 22 Mar, 2024 04:57am
Donald Lu’s stance on cipher: PTI demands Asad Majeed record his statement ISLAMABAD: A day after US Assistant Secretary of State Donald Lu denied US involvement in ex-prime minister Imran... Published 22 Mar, 2024 04:57am
48 officers: IGP Punjab approves Rs22m educational scholarships LAHORE: Inspector General Police Punjab Dr Usman Anwar is ensuring all possible steps to provide best higher... Published 22 Mar, 2024 04:57am
Punjab Assembly: Opposition leader concerned at allocation of funds for minorities LAHORE: In a heated session of the Punjab Assembly on Thursday, Opposition leader Malik Ahmad Khan Bhachar raised... Published 22 Mar, 2024 04:57am
Govt to implement Municipal Service System across Punjab LAHORE: In a recent announcement, Provincial Minister for Local Government and Community Development, Zeeshan Rafiq,... Published 22 Mar, 2024 04:57am
COAS briefs PM on KSA visit ISLAMABAD: Chief of Army Staff (COAS) General Asim Munir on Thursday called on Prime Minister Shehbaz Sharif. During... Published 22 Mar, 2024 04:57am
Degradation of Margalla Hills National Park will not be allowed, says apex court ISLAMABAD: The Supreme Court said the degradation of Margalla Hills National Park (MHNP) will not be allowed, and it... Published 22 Mar, 2024 04:57am
Minister for Maritime Affairs to visit Karachi tomorrow KARACHI: After taking the oath as the Federal Minister for Maritime Affairs, Qaiser Ahmed Sheikh will visit Karachi... Published 22 Mar, 2024 04:57am
ICT police enhances security of whole capital city ISLAMABAD: The city police further enhanced the security of the whole capital city in general and the high-security... Published 22 Mar, 2024 04:57am
Blockage of ‘X’: PPP leader sees a ‘dangerous’ model of governance ISLAMABAD: Pakistan People’s Party (PPP) Human Rights Cell President Farhatullah Babar said that the ... Published 22 Mar, 2024 04:57am
China Pakistan Economic Corridor: Tarar for creating mechanism to deal with ‘fake news’ ISLAMABAD: Federal Minister for Information and Broadcasting Attaullah Tarar on Thursday stressed to make a ... Published 22 Mar, 2024 04:57am
Qasmi as PTV chairman: SC says hasn’t found any proof of corruption, nepotism ISLAMABAD: The Supreme Court found no proof of corruption and nepotism regarding the appointment of Ata ul Haq Qasmi... Published 22 Mar, 2024 04:57am
Dar meets IAEA DG in Brussels ISLAMABAD: Foreign Minister Ishaq Dar Friday met International Atomic Energy Agency Director General Rafael Mariano... Published 22 Mar, 2024 04:57am
ECP not authorised to proceed against CM Gandapur, rules PHC PESHAWAR: The Peshawar High Court on Thursday ruled that the ECP not authorised to proceed against KP Chief Minister... Published 22 Mar, 2024 04:57am
Thatta water supply case: President Zardari entitled to immunity, court told ISLAMABAD: President Asif Ali Zardari’s counsel told the Accountability Court hearing Thatta water supply case... Published 22 Mar, 2024 04:57am
The Weather KARACHI: The weather report on Thursday (March 21, 2024) and the forecast for Friday (March 22, 2024)... Published 22 Mar, 2024 04:57am
Rates Index slips into negative zone KARACHI: Despite foreign buying, Pakistan Stock Exchange on Thursday closed in negative zone. The market opened on a... Published 22 Mar, 2024 04:57am
Three suspects sent to jail in ‘Arabic dress’ case LAHORE: An Anti-Terrorism Court on Thursday sent three suspects Nadeem, Adil Sarwar and Altamash Saqlain to jail in... Published 22 Mar, 2024 04:57am
PFA discards 880kg stale meat LAHORE: The meat safety teams of the Punjab Food Authority (PFA) imposed Rs90,000 fine on nine Food Business... Published 22 Mar, 2024 04:57am
Changa Manga forest: Minister launches monumental tree planting campaign LAHORE: Provincial Minister for Communication and Works, Sohaib Ahmed Bherth, launched a monumental tree planting... Published 22 Mar, 2024 04:57am
Letters ‘A plethora of issues’ This is apropos a Business Recorder op-ed “A plethora of issues” carried by the newspaper on Tuesday. The ... Published 22 Mar, 2024 04:57am
Gold price surges to record high The “DOT PLOT”, which predicts three interest rate decreases in 2024, remains intact despite Fed Chairman... Updated 22 Mar, 2024 05:33am
Evolution of Pakistan’s trade dispute resolution regime: Through the gloom, the silver linings we should see There is a lot of gloom in Pakistan these days. In that miasma it is sometimes difficult to see and appreciate the... Updated 22 Mar, 2024 05:36am
Stocks Wall St hits record highs on rate-cut optimism NEW YORK: Wall Street’s main stock indexes touched record highs on Thursday as chip stocks rallied following ... Published 22 Mar, 2024 04:57am
Stocks European shares higher as rate-cut hopes gain steam PARIS: European shares joined a global rally to hit fresh record-high levels on Thursday, with technology stocks and... Published 22 Mar, 2024 04:57am
Stocks China stocks dip as rebound fades; HK follows Asia SHANGHAI: China stocks slipped on Thursday, signalling a potential fatigue in their six-week rebound, while Hong ... Published 22 Mar, 2024 04:57am
Stocks Large-caps lead rise in Indian shares after Fed rate view BENGALURU: Indian shares rose on Thursday, helped by metals stocks, joining a global equity rally after the Federal... Published 22 Mar, 2024 04:57am
Stocks Nikkei index closes at fresh all-time record TOKYO: Tokyo’s key stock index closed at an all-time high on Thursday, helped by a cheap yen and tracking a record... Published 22 Mar, 2024 04:57am
PARTLY FACETIOUS: What about a ‘Lie Perception Index’? “I have decided to launch my own survey company.” “Hmmm.” “Why the skepticism? I mean the work isn’t... Published 22 Mar, 2024 04:57am
Energy Oil falls on weaker US gasoline demand, Gaza ceasefire hopes NEW YORK: Oil prices fell on Thursday, pressured by weaker US gasoline demand data and reports of a United Nations... Published 22 Mar, 2024 04:57am
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 Mar, 2024 04:57am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 22 Mar, 2024 04:57am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Thursday (March 21, 2024). ======================== Open Bid ... Published 22 Mar, 2024 04:57am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (March 21, 2024).... Published 22 Mar, 2024 04:57am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (March 21, 2024).... Published 22 Mar, 2024 04:57am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (March 21, 2024)... Published 22 Mar, 2024 04:57am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Thursday (March 21, 2024). ======================================= Offset... Published 22 Mar, 2024 04:57am
SIFC apex body vows to take ‘tough’ decisions Underscores the need to continue a consensual approach under SIFC to navigate the myriad of challenges being faced by the country Updated 22 Mar, 2024 09:50am
Jul-Feb 2023-24: $6.678bn borrowed from multiple sources ISLAMABAD: The country borrowed $ 6.678 billion from multiple financing sources during the first eight months... Updated 22 Mar, 2024 08:33am
IMF agreement implementation: PD revises gas supply priorities Removes captive power plants from its list of prioritised sectors, revises tariff upwards from Rs 1100 to Rs 2750 per mmbtu Updated 22 Mar, 2024 04:05pm
MYT components and other adjustments: Six Discos seek Rs5 raise in tariff ISLAMABAD: Six power Distribution Companies (Discos) have sought increase in tariff of about Rs5 to recover about... Updated 22 Mar, 2024 08:33am
ADB official, Aurangzeb discuss collaboration ISLAMABAD: Country Director of the Asian Development Bank (ADB) Young Ye called on Minister for Finance and Revenue... Updated 22 Mar, 2024 09:47am
IMF says countries ‘must’ strengthen central bank independence WASHINGTON: The head of the IMF called Thursday for countries to “preserve and strengthen” the independence of... Published 22 Mar, 2024 04:57am
‘Election irregularities’: Pakistan expresses desire to address ‘misunderstandings’ ISLAMABAD: Pakistan has expressed its desire to engage in meaningful discussions with the United States to address... Updated 22 Mar, 2024 09:50am
World Bank may approve $150m for two projects today ISLAMABAD: The World Bank’s Board of Executive Directors is likely to approve $ 150 million in financing for... Updated 22 Mar, 2024 08:32am
Forex reserves rise by $239m KARACHI: The country’s total liquid foreign reserves rose by $239 million during the last week, the State Bank of... Updated 22 Mar, 2024 09:45am
Fiscal deficit: OICCI submits proposals to Aurangzeb ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has submitted proposals to the government... Updated 22 Mar, 2024 09:46am
Today MoF going to embark upon budgetary works ISLAMABAD: The Ministry of Finance (MoF) is all set to start Demand Review Committee/Priority Committee meeting from... Updated 22 Mar, 2024 08:32am
Power, gas theft: FIA asked to launch ‘massive’ crackdown ISLAMABAD: Interior Minister Mohsin Naqvi on Thursday directed the Federal Investigation Agency (FIA) to launch a... Updated 22 Mar, 2024 09:44am
Implementation of RBC regime: SECP urges insurance industry CEOs to play collaborative role ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has asked the Chief Executive Officers (CEOs) ... Published 22 Mar, 2024 04:57am
Jazz invests Rs37bn in 2023, witnesses impressive growth in revenue ISLAMABAD: Jazz invested Rs 37 billion in 2023, aimed at supporting Pakistan’s growing data demand and... Published 22 Mar, 2024 04:57am
CCP approves TPL Life Insurance-Dar Es Salam Textile Mills Ltd merger ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the merger of TPL Life Insurance Limited with... Published 22 Mar, 2024 04:57am
‘Missing trader fraud arrangements’: IMF underscores need for amending STA ISLAMABAD: The International Monetary Fund (IMF) has recommended amendments to the Sales Tax Act, 1990 to check... Published 22 Mar, 2024 04:57am
Fighting against poliovirus EDITORIAL: Since its inception nearly three decades ago, the Polio Eradication Programme in Pakistan has made... Published 22 Mar, 2024 04:57am
The quest for another IMF programme EDITORIAL: First things first, prime minister Shehbaz Sharif has clearly stated that the country needs another... Published 22 Mar, 2024 04:57am
Commodities Gold prices witness massive surge KARACHI: Gold prices on Thursday saw a mammoth surge on the local market with silver inching up, traders said. The... Published 22 Mar, 2024 04:57am
Commodities Japanese rubber futures rebound on stronger domestic equities SINGAPORE/BEIJING: Japanese rubber futures rebounded from earlier losses to close higher on Thursday, driven by a... Published 22 Mar, 2024 04:57am
Commodities Malaysian palm oil futures easier JAKARTA: Malaysian palm oil futures dropped on Thursday, erasing earlier gains, amid uncertainty over production... Published 22 Mar, 2024 04:57am
Commodities Iron ore futures up BEIJING: Iron ore futures rose on Thursday, buoyed by renewed expectations of further monetary policy easing in top... Published 22 Mar, 2024 04:57am
Commodities Gold hits fifth record high in March on Fed rate-cut view BENGALURU: Gold prices on Thursday hit record peaks for the fifth time this month after the US Federal Reserve... Published 22 Mar, 2024 04:57am
Energy US natural gas eases NEW YORK: US natural gas futures eased about 1% on Thursday on forecasts for less demand over the next two weeks ... Published 22 Mar, 2024 04:57am
Commodities Chicago soybeans jump SINGAPORE: Chicago soybeans rose for a second session on Thursday to hit a two-month high, as excessive rains in... Published 22 Mar, 2024 04:57am
Commodities Aluminium prices soar on improved demand prospects LONDON: Aluminium prices climbed to an 11-week high on Thursday as buying interest increased with improving demand... Published 22 Mar, 2024 04:57am
Commodities PMEX daily trading report KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR32.688... Published 22 Mar, 2024 04:57am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday, (March 21, 2024)... Published 22 Mar, 2024 04:57am
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept