Coach Gillespie says he strongly believes in discipline, hard work LAHORE: The newly-appointed Pakistan men’s cricket team head coach for red-ball Jason Gillespie has said that he... Published 30 Apr, 2024 03:43am
AI can revolutionise healthcare sector: experts KARACHI: Artificial Intelligence (AI) emerged as a surprising field worldwide with its efficiency, accuracy, and... Published 30 Apr, 2024 03:43am
Farmers protesting delay in wheat procurement arrested ahead of sit-in in Lahore LAHORE: Lahore Police detained several farmers from the provincial metropolis on Monday, aiming to prevent them from... Published 30 Apr, 2024 03:43am
NY Police dept’s team visits Punjab Safe Cities Authority LAHORE: A delegation from the New York Police Department (NYPD) visited the Punjab Safe Cities Authority (PSCA) here... Published 30 Apr, 2024 03:43am
Bahria Town receiving recognition for social welfare endeavours: report KARACHI: Bahria Town, under the visionary leadership of Malik Riaz Hussain, is making Pakistan proud by receiving... Published 30 Apr, 2024 03:43am
JI chief says his party can play leading role in efforts aimed at pulling country out of crises KARACHI: Jamaat-e-Islami (JI) Pakistan Ameer Engr Hafiz Naeemur Rehman has said that the JI can play a leading role... Published 30 Apr, 2024 03:43am
G7 reaches deal to exit from coal by 2035 TURIN: Energy ministers from the Group of Seven (G7) major democracies reached a deal to shut down their coal-fired... Published 30 Apr, 2024 03:43am
China hints at retaliation after Biden signs Taiwan, TikTok legislation BEIJING: China hinted on Monday that it could retaliate after US President Joe Biden signed into law legislation to... Published 30 Apr, 2024 03:43am
Flash floods, landslide kill at least 45 in central Kenya MAI MAHIU (Kenya): Flash floods and a landslide in central Kenya killed at least 45 people and injured over 110... Published 30 Apr, 2024 03:43am
North Koreans discuss trade on rare visit to Iran DUBAI: A North Korean delegation attended an Iranian expo in Tehran last week and discussed bilateral trade with... Published 30 Apr, 2024 03:43am
South Asia Indian state suspends licences of 14 products of yoga guru’s pharma firms NEW DELHI: An Indian state regulator has suspended manufacturing licences of 14 products made by pharmaceutical... Published 30 Apr, 2024 03:43am
Hopes rise for possible Gaza truce deal JERUSALEM: Hopes rose Monday for a long-sought truce and hostage release deal after almost seven months of war... Published 30 Apr, 2024 03:43am
Ending hopium—lV Our unsustainable economy is challenging our survival and requires measures by Ministry of Federal Education and... Published 30 Apr, 2024 03:43am
IMC earns Rs9.41bn profit after tax in nine months of FY24 KARACHI: Indus Motor Company (IMC) announced its financial results for the nine-month period ending March 31, 2024,... Published 30 Apr, 2024 03:43am
Money & Banking SCBPL delivers strong financial performance KARACHI: Standard Chartered Bank Pakistan Limited (SCBPL) delivered a strong performance, that has led to a growth ... Published 30 Apr, 2024 03:43am
Naqvi says not aware of rumours about purported IK-establishment deal ISLAMABAD: Interior Minister Mohsin Naqvi, on Monday, expressed ignorance about the rumours regarding a deal between... Published 30 Apr, 2024 03:43am
Candidate for PAC chairmanship: Consultation over nomination to be completed today: IK ISLAMABAD: The incarcerated Pakistan Tehreek-e-Insaf (PTI) founding chairman, Imran Khan, on Monday, said that... Published 30 Apr, 2024 03:43am
COAS, Turkiye Cmdr for strengthening military-to-military cooperation ISLAMABAD: Chief of Army Staff (COAS) General Syed Asim Munir, on Monday, emphasised the need to further strengthen... Published 30 Apr, 2024 03:43am
Money & Banking Indian rupee logs sharpest daily decline on dollar demand MUMBAI: The Indian rupee ended lower on Monday, its worst intraday fall in more than two weeks, pressured by... Published 30 Apr, 2024 03:43am
Money & Banking Japanese yen surges against dollar NEW YORK: Japan’s currency surged as much as 5 yen against the dollar from a fresh 34-year low hit earlier on... Published 30 Apr, 2024 03:43am
Money & Banking Yuan stutters near 5-month low SHANGHAI: China’s yuan hovered near a five-month low against the dollar on Monday after the central bank set the... Published 30 Apr, 2024 03:43am
Money & Banking Most Asian currencies muted ahead of Fed decision BENGALURU: Asian emerging market currencies were subdued on Monday after inflation data in the United States further... Published 30 Apr, 2024 03:43am
The Weather KARACHI: The weather report on Monday (April 29, 2024) and the forecast for Tuesday (April 30, 2024)... Published 30 Apr, 2024 03:43am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port handled 250,277 tonnes of cargo comprising 142,145 tonnes of import cargo and 108,132... Published 30 Apr, 2024 03:43am
Rates Stock market plummets KARACHI: After positive opening, Pakistan Stock Exchange on Monday closed in deep red with heavy losses due to panic... Published 30 Apr, 2024 03:43am
Taxes NA passes tax law amendment bill amid ruckus ISLAMABAD: Amid uproar and walkouts by Pakistan Tehreek-e-Insaf (PTI)-backed Sunni Ittehad Council (SIC) lawmakers,... Published 30 Apr, 2024 03:43am
Pakistan Russia-Ukraine war: Pakistan could not import, procure vital raw materials: PM RIYADH: Prime Minister Shehbaz Sharif Monday said permanent peace in Gaza was imperative for peace in the world. He... Published 30 Apr, 2024 03:43am
Audio leaks: Justice Babar dismisses pleas of Pemra, FIA and PTA ISLAMABAD: Justice Babar Sattar dismissed applications of the Pakistan Electronic Media Regulatory Authority ... Published 30 Apr, 2024 03:43am
CM Maryam inaugurates ‘Kids’ Day Care Centre’ LAHORE: Inaugurating the ‘Kids’ Day Care Center’, here at Children’s Hospital, the Punjab Chief Minister... Published 30 Apr, 2024 03:43am
Rent a party Of late, the chorus of voices demanding ‘dialogue’ has grown to a virtual crescendo. This is understandable at one... Published 30 Apr, 2024 03:43am
The falling rate of inflation The last few months have witnessed a major drop in the rate of inflation as measured by the Consumer Price Index.... Published 30 Apr, 2024 03:43am
Parliament has lost its supremacy: Fazl ISLAMABAD: The political heavyweight and chief of Jamiat Ulema-e-Islam-Fazl (JUI-F) Maulana Fazlur Rehman on Monday... Published 30 Apr, 2024 03:43am
Energy FESCO launches pro-rata billing software FAISALABAD: On the special directives of the Ministry of Energy (Power Division), Faisalabad Electric Supply Company... Published 30 Apr, 2024 03:43am
Salaries of Punjab govt employees to be increased: minister LAHORE: Punjab’s Finance and Parliamentary Affairs Minister Mujtaba Shuja-ur-Rehman has announced that the ... Published 30 Apr, 2024 03:43am
Dar meets his Malaysian counterpart RIYADH: Deputy Prime Minister and Foreign Minister Senator Ishaq Dar on Monday met with Malaysian Foreign Minister... Published 30 Apr, 2024 03:43am
Letters Everything is anti-clockwise in Pakistan Ironically, everything in Pakistan seems to be upside down and anticlockwise. The country often experiences the... Published 30 Apr, 2024 03:43am
Sindh CM launches week-long anti-polio drive in 24 districts KARACHI: Sindh Chief Minister Syed Murad Ali Shah inaugurated a week-long anti-polio campaign across 24 districts by... Published 30 Apr, 2024 03:43am
PARTLY FACETIOUS: All legal pledges to Nawaz have been honoured “Greed is a sin.” “And if greed is fed through corruption, then…” “Right, but that’s greed for asset... Published 30 Apr, 2024 03:43am
Stocks Wall St edges up as Tesla and Apple gain NEW YORK: Wall Street’s main indexes crept higher in volatile trading on Monday as shares of Tesla and Apple... Published 30 Apr, 2024 03:43am
Stocks European stocks eke out gains after German inflation data PARIS: European shares closed below day highs on Monday after Germany reported higher-than-expected inflation, while... Published 30 Apr, 2024 03:43am
Stocks China, HK stocks rise, led by property shares SHANGHAI: China and Hong Kong stocks rose on Monday, led by real estate shares amid speculation that more stimulus... Published 30 Apr, 2024 03:43am
Stocks Saudi leads as Gulf markets close higher DUBAI: Stock markets in the Gulf ended higher on Monday, led by the Saudi index on strong corporate earnings, while... Published 30 Apr, 2024 03:43am
Rates LME official prices LONDON: The following were Friday official prices. ========================================= ALUMINIUM... Published 30 Apr, 2024 03:43am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Monday (April 29, 2024). ========================== KIBOR... Published 30 Apr, 2024 03:43am
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 Apr, 2024 03:43am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Monday (April 29, 2024). ======================== Open Bid Rs... Published 30 Apr, 2024 03:43am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (April 29, 2024).... Published 30 Apr, 2024 03:43am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (April 29, 2024).... Published 30 Apr, 2024 03:43am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (April 29, 2024)... Published 30 Apr, 2024 03:43am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Monday (April 29, 2024). ======================================= Offset... Published 30 Apr, 2024 03:43am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Monday (April 29, 2024). ==================================== BR... Published 30 Apr, 2024 03:43am
Commodities Copper trends higher on tight supply BEIJING: Prices of copper opened the week higher on Monday, driven by dwindling raw material supply and investors’... Published 30 Apr, 2024 03:43am
Commodities Wheat tumbles as Russian rain forecast spurs profit taking CHICAGO: Chicago benchmark wheat futures fell nearly 3% on Monday, snapping a seven-session rally as the crop ... Published 30 Apr, 2024 03:43am
Commodities PMEX daily trading report KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 27.992... Published 30 Apr, 2024 03:43am
Commodities Paris wheat falls HAMBURG: Euronext wheat fell on Monday as forecasts showing some rain in parched southern Russia eased weather... Published 30 Apr, 2024 03:43am
Commodities Palm oil extends gains KUALA LUMPUR: Malaysian palm oil futures rose for a second consecutive session on Monday, underpinned by strength in... Published 30 Apr, 2024 03:43am
Energy Oil down on Israel-Hamas peace talks NEW YORK: Oil prices fell by more than $1 a barrel on Monday as Israel-Hamas ceasefire talks in Cairo tempered fears... Published 30 Apr, 2024 03:43am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday, (April 29, 2024)... Published 30 Apr, 2024 03:43am
Cotton & Textile Cotton market remains bearish with low volume LAHORE: The local cotton market on Monday remained bearish and the trading volume remained low. Cotton Analyst... Published 30 Apr, 2024 03:43am
Commodities Iron ore retreats on weak Chinese industrial data BEIJING: Iron ore futures prices fell on Monday after weak industrial data in top consumer China and the completion... Published 30 Apr, 2024 03:43am
Commodities Gold rises on softer dollar NEW YORK: Gold prices rose on Monday, helped by a weaker dollar, as focus turns to the Federal Reserve’s policy... Published 30 Apr, 2024 03:43am
Cash Management, Treasury Single Account Rules, 2024 notified ISLAMABAD: The federal government has notified Cash Management and Treasury Single Account Rules, 2024 that requires... Updated 30 Apr, 2024 09:19am
CCP approves 40pc equity stake acquisition in GO by Aramco ISLAMABAD: The Competition Commission of Pakistan (CCP) approved a 40% equity stake acquisition in Gas & Oil... Updated 30 Apr, 2024 08:45am
IMF approves disbursement of $1.1bn loan tranche ISLAMABAD: The Executive Board of the International Monetary Fund (IMF) on Monday approved the final tranche of $1.1... Published 30 Apr, 2024 03:43am
Budget preparation exercise to begin in first week of May ISLAMABAD: The budget preparation exercise for the FY 2024-25 will be started from the first week of May 2024 at the... Updated 30 Apr, 2024 08:43am
Saudis informed about SIFC’s proactive role Saudi Minister of Commerce Dr Majid bin Abdullah Al-Qasabi says Kingdom prioritising trade and investment in Pakistan Updated 30 Apr, 2024 09:24am
MIGA-covered GoP guarantee for Star project: Islamabad apprised about arbitration award ISLAMABAD: Pakistan’s Executive Director at the World Bank, Dr Tauqeer Shah has apprised Islamabad about the... Updated 30 Apr, 2024 09:18am
NTDC awarding contracts to ineligible bidders? ISLAMABAD: The National Transmission and Despatch Company (NTDC) is said to have become a permanent headache for the... Updated 30 Apr, 2024 09:25am
Dar’s elevation gives birth to speculation ISLAMABAD: The timing of Ishaq Dar’s appointment as deputy prime minister with Prime Minister Shehbaz Sharif in... Updated 30 Apr, 2024 08:42am
Export permission: MoC casts doubt on PSMA’s surplus sugar figures ISLAMABAD: The Commerce Ministry has reportedly expressed doubts on the figures of surplus sugar presented to the... Updated 30 Apr, 2024 08:44am
Policy rate kept unchanged at 22pc KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to keep the policy rate... Published 30 Apr, 2024 03:43am
Govt loses Rs800bn due to IPR violations last year: OICCI KARACHI: “Effective protection of intellectual property rights (IPR) is essential for attracting and retaining FDI... Updated 30 Apr, 2024 09:19am
3.5pc agri growth target may be missed ISLAMABAD: The country is likely to miss the agriculture growth target of 3.5 percent set for 2023-24, as ongoing... Published 30 Apr, 2024 03:43am
Sugar exports: PSMA (Punjab Zone) denies reports LAHORE: Pakistan Sugar Mills Association (Punjab Zone) strongly denies reports that the government has refused to... Updated 30 Apr, 2024 09:24am
WB’s SARVP will visit Pakistan from May 6-8 ISLAMABAD: World Bank’s South Asia Regional Vice President (SARVP), Martin Raiser is reaching Pakistan on a... Updated 30 Apr, 2024 08:43am
Energy KE seeks Nepra guidance on FCA petition for 9MFY24 KARACHI: National Electric Power Regulatory Authority (Nepra) has announced a public hearing on May 09, 2024 for the... Published 30 Apr, 2024 03:43am
Export of raw items EDITORIAL: Pakistan continues to grapple with the impact of relentless food inflation, fuelled by the consistent... Published 30 Apr, 2024 03:43am
Deregulating petroleum sector: curb smuggling first EDITORIAL: Finance minister Mohammad Aurangzeb recently said in a conference that bold energy and taxation reforms... Updated 30 Apr, 2024 12:40pm
Pakistan, Iran: Work on mechanism to institutionalise barter trade underway LAHORE: Pakistan’s ambassador to Iran, Muhammad Mudassir Tipu has said that work on mechanism to institutionalize... Published 30 Apr, 2024 03:43am
Trade potential: Pakistan, Kazakhstan for further steps ISLAMABAD: The government of Pakistan and the Republic of Kazakhstan underscored the need for further measures to... Published 30 Apr, 2024 03:43am
Ministry’s targets for IT exports and revenue outlined ISLAMABAD: Minister of State for Information Technology and Telecommunication, Shaza Fatima on Monday outlined the... Published 30 Apr, 2024 03:43am
Govt asked to take concrete steps to attract foreign investment LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has asked the... Published 30 Apr, 2024 03:43am
Cotton & Textile Faisalabad Yarn and Fiber Prices FAISALABAD: Yarn Market Rates on Monday (April 29, 2024) =========================== 6/S-7/S (COTTON)... Published 30 Apr, 2024 03:43am
Companies QatarEnergy signs $6bn deal with China shipbuilder DOHA: A Chinese ship-building giant will construct 18 huge gas carriers for QatarEnergy under a $6 billion deal the... Published 30 Apr, 2024 03:43am
Taxes Senate body passes Tax Laws (Amendment) Bill, 2024 with some amendments ISLAMABAD: The Senate Special Committee Monday passed the Tax Laws (Amendment) Bill, 2024 with some amendments to... Published 30 Apr, 2024 03:43am
Companies OGDCL announces financial results ISLAMABAD: The net sales revenue of Oil and Gas Development Company Limited (OGDCL) clocked at Rs348.164 billion... Published 30 Apr, 2024 03:43am
Taxes HDF asks budget makers to introduce bold tobacco tax policy ISLAMABAD: The Human Development Foundation (HDF) has asked the budget makers to introduce a bold tobacco taxation... Published 30 Apr, 2024 03:43am
Companies Ghazanfar steps down as Mobilink Bank CEO KARACHI: Ghazanfar Azzam has stepped down as the President and CEO of Mobilink Bank after 12 years of service.... Published 30 Apr, 2024 03:43am
Money & Banking BankIslami’s Profit Before Tax reaches Rs6.3bn KARACHI: Maintaining its growth momentum, BankIslami delivered an impressive return for its shareholders, with a... Published 30 Apr, 2024 03:43am
Money & Banking Banking Mohtasib provides Rs1.26bn relief to customers in 2023 KARACHI: The Institution of Banking Mohtasib Pakistan (BMP) has provided relief amounting to Rs1.26 billion to the... Published 30 Apr, 2024 03:43am
Money & Banking Board of Directors of Al Baraka Bank meets finance minister ISLAMABAD: The Board of Directors of Al Baraka Bank (Pakistan) Limited met with Federal Minister for Finance and... Published 30 Apr, 2024 03:43am
Companies Hashoo Foundation appoints Haris Qayyum Khan as CEO ISLAMABAD: Hashoo Foundation, the corporate social responsibility arm of the Hashoo Group announced the appointment... Published 30 Apr, 2024 03:43am
Industry IGATEX Pakistan 2024 commences LAHORE: IGATEX Pakistan 2024 – Pakistan’s largest international garment, textile, digital printing machinery and... Published 30 Apr, 2024 03:43am
Industry Business community taken completely by surprise by no change in key policy rate KARACHI: Business community has shown displeasure over 7th status quo in the key policy rate. KCCI President... Published 30 Apr, 2024 03:43am
Taxes Tax Laws (Amendment) Bill: Treasury Senator assails federal govt ISLAMABAD: The federal government, Monday, came under sharp criticism in Senate from a treasury senator for... Published 30 Apr, 2024 03:43am