The Weather KARACHI: The weather report on Monday (May 06, 2024) and the forecast for Tuesday (May 07, 2024)... Published 07 May, 2024 08:05am
Industry TRACIT recommends ‘Anti-Illicit Trade Coordinator’ to deal with challenge of illicit trade ISLAMABAD: The Transnational Alliance to Combat Illicit Trade (TRACIT) recommended “Anti-Illicit Trade... Published 07 May, 2024 08:05am
Students: Sharjeel says govt plans to conduct random tests for drugs KARACHI: Minister for Information, Excise, Taxation, Narcotics Control, Transport and Mass Transit Sharjeel Inam... Published 07 May, 2024 08:03am
Erdogan opens former church to Muslim worshippers ISTANBUL: Turkey on Monday reopened a mosque converted from an ancient Orthodox church in Istanbul for Muslim... Published 07 May, 2024 07:59am
USA Judge fines Trump again in criminal trial, warns of jail time NEW YORK: The judge in Donald Trump’s criminal trial fined him $1,000 and held him in contempt of court for a 10th... Published 07 May, 2024 07:57am
Money & Banking India’s 6-week long national election leaves cenbank with liquidity dilemma MUMBAI: India’s central bank is stepping in to ease banking system liquidity conditions as a national election... Published 07 May, 2024 07:43am
Commodities Palm oil rises tracking soyoil, but export concerns linger SINGAPORE: Malaysian palm oil futures closed higher on Monday, tracking gains in rival soyoil prices, although... Published 07 May, 2024 07:43am
IAEA chief seeks tougher nuclear checks in Iran, with limited leverage VIENNA: UN nuclear watchdog chief Rafael Grossi flew to Iran on Monday hoping to bolster his agency’s oversight of... Published 07 May, 2024 07:43am
Europe EU clears $14.9bn purchase of US Steel by Japan’s Nippon BENGALURU: The European Union cleared US Steel’s $14.9 billion buyout by Japan’s Nippon Steel on Monday, ... Published 07 May, 2024 07:41am
Europe Russia threatens strikes on UK military targets in Ukraine ‘and beyond’ MOSCOW: Moscow on Monday said it that it could launch strikes at British military targets inside Ukraine and... Published 07 May, 2024 07:40am
South Asia BJP’s election videos targeting Muslims and opposition spark outrage NEW DELHI: Animated videos shared by Prime Minister Narendra Modi’s party targeting opposition Congress and the... Published 07 May, 2024 07:39am
Commodities Gold gains on soft dollar, rate cut hopes NEW YORK: Gold prices climbed more than 1 percent on Monday, as the US dollar weakened after softer-than-expected US... Published 07 May, 2024 07:38am
Commodities Shanghai lead prices near 6-year high SHANGHAI: Lead prices in Shanghai surged to near their highest in six years on Monday, driven by a supply tightness... Published 07 May, 2024 07:37am
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 07 May, 2024 07:36am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port handled 283,995 tonnes of cargo comprising 91,949 tonnes of import cargo and 192,046 ... Published 07 May, 2024 07:34am
Commodities PMEX daily trading report KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 38.215... Published 07 May, 2024 07:32am
Energy US natgas flows to Freeport LNG in Texas rise to 2-month high NEW YORK: The amount of natural gas flowing to Freeport LNG’s export plant in Texas rose to a two-month high on... Published 07 May, 2024 07:31am
Commodities Russian wheat export prices continue to rise MOSCOW: Russian wheat export prices continued to rise last week as volatile weather conditions made crop forecasts... Published 07 May, 2024 07:31am
Energy Oil climbs as Gaza tensions rise, KSA hikes prices HOUSTON: Oil futures rose on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect... Published 07 May, 2024 07:30am
Commodities Shanghai copper falls on first trading session after holiday Shanghai: Shanghai copper prices fell on Monday tracking losses in London, amid a firmer dollar and a lack of clear... Published 07 May, 2024 07:29am
Stocks Most Gulf markets muted as Mideast tension rises DUBAI: Most stock markets in the Gulf were subdued on Monday amid rising fears the Israel-Hamas conflict could still... Published 07 May, 2024 07:27am
Stocks China shares book catch-up rally SHANGHAI: Mainland Chinese shares staged a catch-up rally tracking their regional peers on Monday as investors... Published 07 May, 2024 07:25am
Stocks European shares close at highest in week PARIS: European shares closed at their highest levels in one week on Monday, with investor optimism over interest... Published 07 May, 2024 07:24am
Stocks Wall Street climbs on renewed hopes of rate cuts NEW YORK: US stock indexes extended last week’s gains on Monday as investors saw a greater chance of the Federal... Published 07 May, 2024 07:23am
Money & Banking Indian rupee ends weaker MUMBAI: The Indian rupee ended lower on Monday as dollar demand from local oil companies and other importers,... Published 07 May, 2024 07:22am
Money & Banking Yuan surges to 6-week high SHANGHAI: China’s yuan had a catch-up rally and surged to a six-week high against the dollar on Monday, the first... Published 07 May, 2024 07:21am
Money & Banking Dollar weaker on renewed Fed rate cut hopes NEW YORK: The dollar index was lower on Monday for a fourth straight session as a softer-than-expected US jobs ... Published 07 May, 2024 07:18am
Money & Banking Australian dollar firmer SYDNEY: The Australian dollar edged higher on Monday as investors wagered the country’s central bank would sound... Published 07 May, 2024 07:17am
Action begins against quacks across Punjab: minister LAHORE: Provincial Health Minister Khawaja Salman Rafique said on Monday that Chief Minister Maryam Nawaz Sharif is... Published 07 May, 2024 07:16am
Middle East Iraq hangs 11 convicted of ‘terrorism’ NASIRIYAH: Iraqi authorities on Monday executed by hanging 11 people convicted of “terrorism”, security and... Published 07 May, 2024 07:13am
Middle East Rafah residents flee strikes after Israeli evacuation order Biden urged Israel not to press ahead with an assault on Rafah Published 07 May, 2024 07:13am
Macro-economic situation: Aurangzeb briefs World Bank official ISLAMABAD: South Asia Regional Vice President (SARVP) of the World Bank Martin Raiser called on the Federal Minister... Published 07 May, 2024 07:07am
Bilawal pays tribute to Jiyala Razzaque ISLAMABAD: Chairman Pakistan People's Party (PPP) Bilawal Bhutto-Zardari has paid glowing tribute to the indomitable... Published 07 May, 2024 07:07am
CM tells newly-appointed Acs: ‘Bring ease & convenience in people’s lives’ LAHORE: Punjab Chief Minister Maryam Nawaz Sharif said on Monday that Public service is not only the responsibility... Published 07 May, 2024 07:05am
Companies Foodpanda champions Women Empowerment at WIBCON '24 KARACHI: Foodpanda, a delivery platform, participated in the Women in Business and Leadership Conference (WIBCON)... Published 07 May, 2024 07:04am
ET issues notices to ECP on pleas challenging Ahsan’s victory LAHORE: An election tribunal on Monday issued notices to the Election Commission of Pakistan (ECP) on three separate... Published 07 May, 2024 07:02am
‘Interest rate should be reduced to 2pc’ FAISALABAD: Former chairman All Pakistan Cotton Power Looms Association and former president FCCI Chaudhry Muhammad... Published 07 May, 2024 06:58am
Energy KE’s renewable ambitions garner interest from developers KARACHI: While Pakistan contributes less than 1.0 percent towards global carbon emissions, a combination of... Published 07 May, 2024 06:55am
Money & Banking Legal heirs of bank defaulter fail to hide behind ˜expired CNIC to deny finance LAHORE: Legal heirs of a Zarai Taraqiati Bank Limited (ZTBL) defaulter failed to hide behind the plea of an expired... Published 07 May, 2024 06:53am
Plea seeking formation of new ECP: LHC adjourns proceedings LAHORE: The Lahore High Court (LHC) on Monday adjourned the proceedings on a petition of a citizen Talib Hussain... Published 07 May, 2024 06:53am
OIC group for early, peaceful resolution of Kashmir dispute ISLAMABAD: The Contact Group of the Organization of Islamic Cooperation (OIC) on Jammu and Kashmir took stock of the... Published 07 May, 2024 06:52am
Pakistan’s journey towards sustainable development ISLAMABAD: Today marks a pivotal moment in Pakistan's journey towards sustainable development as the United States... Published 07 May, 2024 06:51am
PTI body vows to double efforts ISLAMABAD: The parliamentary committee of Pakistan Tehreek-e-Insaf (PTI) on Monday discussed different plans of... Published 07 May, 2024 06:49am
Pyrolysis plants completely banned in Lahore LAHORE: Commissioner Lahore Zaid bin Maqsood reiterated that the pyrolysis plants (recycling machine that converts... Published 07 May, 2024 06:48am
Saudi investors take advantage of opportunities thru SIFC: PM ISLAMABAD: Prime Minister Shehbaz Sharif has said that Saudi investors can take advantage of investment ... Published 07 May, 2024 06:47am
Sustainable development not possible without peace: minister ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal said on Monday that it is... Published 07 May, 2024 06:46am
World Bank official, ministers discuss reforms agenda, technical assistance ISLAMABAD: Federal Minister for Petroleum Dr Musadik Malik and Federal Minister for Power Awais Leghari held a... Published 07 May, 2024 06:43am
Climate change: SC directs govt to form authority, allocate funds ISLAMABAD: The Supreme Court directed the federal government to constitute an authority and allocate funds, to... Published 07 May, 2024 06:39am
World Bank SARVP meets Finance Minister ISLAMABAD: South Asia Regional Vice President (SARVP) of the World Bank, Mr. Martin Raiser called on the Federal... Published 07 May, 2024 06:31am
Energy World Bank's support for reforms in energy sector praised ISLAMABAD: Federal Minister for Petroleum Dr Musadik Malik and Federal Minister for Power Awais Leghari held a... Published 07 May, 2024 06:28am
Industry ‘No new laws should be made for existing taxpayers’: LCCI LAHORE: President of the Lahore Chamber of Commerce and Industry (LCCI) Kashif Anwar has said that no new laws ... Published 07 May, 2024 06:27am
MPAs meet Lesco chief LAHORE: Responding to growing public grievances, Punjab Assembly Members Shoaib Siddiqui and Samiullah Khan held a... Published 07 May, 2024 06:26am
Industry Maryam welcomes Saudi trade delegation LAHORE: Welcoming the arrival of Saudi trade delegation, Punjab Chief Minister Maryam Nawaz Sharif expressed best... Published 07 May, 2024 06:25am
Energy OMAP for formation of dedicated unit within SIFC LAHORE: The Oil Marketing Association of Pakistan (OMAP) has proposed the establishment of a dedicated unit within... Published 07 May, 2024 06:23am
Vietnam’s envoy delivers keynote address at NUST: ‘B2B and people-to-people ties are key to strong bilateral relations’ ISLAMABAD: The NUST Institute of Policy Studies (NIPS) organised a keynote address by Nguyen Tien Phong, the... Published 07 May, 2024 06:22am
Industry ‘CFO Conference 2024’: Solutions to emerging business, finance challenges discussed KARACHI: The Professional Accountants in Business (PAIB) Committee of the Institute of Chartered Accountants of... Published 07 May, 2024 06:20am
Italian envoy visits Karachi KARACHI: The Ambassador of Italy to Pakistan, Marilina Armellin visited Karachi recently, accompanied with Italian... Published 07 May, 2024 06:16am
Wheat scam: PTI demands judicial commission ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) demanded on Monday to form a high-powered judicial commission to probe ... Published 07 May, 2024 06:15am
Jaffar Mandokhail sworn in as Governor Balochistan QUETTA: Pakistan Muslim League Nawaz’s (PML-N) Sheikh Jaffar Mandokhail on Monday sworn in as Governor ... Published 07 May, 2024 06:13am
SSGC removes over 250 illegal connections KARACHI: SSGC is moving ahead relentlessly in its pursuit to combat the menace of gas theft, one of the primary... Published 07 May, 2024 06:05am
PITB Mines App: ‘Over 3,000 mineral deposits geo-tagged’ LAHORE: Under the Chief Inspectorate of Mines App developed by the Punjab Information Technology Board (PITB) for ... Published 07 May, 2024 06:05am
Pak-US counter- terrorism dialogue in Washington ISLAMABAD: Pakistan and the United States will hold counterterrorism dialogue in Washington this week to discuss... Published 07 May, 2024 06:05am
IHC directs ministry to decide Elahi’s plea ISLAMABAD: The Islamabad High Court (IHC) directed the Ministry of Interior to decide Parvez Elahi’s petition... Published 07 May, 2024 06:05am
Faizabad dharna: SC expresses its dismay over inquiry report ISLAMABAD: The Supreme Court expressed dismay over the report of the inquiry commission, which was constituted to... Published 07 May, 2024 06:05am
Balochistan CM, ministers meet President QUETTA: Chief Minister of Balochistan Mir Sarfraz Bugti and provincial ministers on Monday called on President Asif... Published 07 May, 2024 06:05am
USA Former White House hopeful Sanders seeks reelection at 82 WASHINGTON: Former presidential candidate Bernie Sanders, the longest-serving independent senator in American... Published 07 May, 2024 06:05am
Ex-minister Jose Raul Mulino wins Panama presidential race PANAMA CITY: Jose Raul Mulino, the protege of a graft-convicted former head of state, was declared Panama’s... Published 07 May, 2024 06:05am
The Insurance Association of Pakistan N.A. Usmani, Secretary General, The Insurance Association of Pakistan The Insurance Association of Pakistan (IAP),... Published 07 May, 2024 06:05am
Life insurance is like planting a tree Dr Bakht Jamal Shaikh, Director Adamjee Life & Vice Chairman IAP The timeless wisdom of the famous Chinese... Published 07 May, 2024 06:05am
EFU General Insurance In today's dynamic world, the importance of general insurance is undeniable. Whether it is safeguarding your... Published 07 May, 2024 06:05am
Home Insurance Benefits for individuals Nasir Siddique, ACII (UK), CPCU (USA) MBA (Insurance & Risk Management), Assistant General Manager / Team Lead... Published 07 May, 2024 06:05am
Cyber Insurance ASIF NOOR, ACII CHARTERED INSURER (UK) Manager Marketing & Sales Security General Insurance Company Ltd. Lahore... Published 07 May, 2024 06:05am
Asia Insurance Company Limited Asia Insurance Company Limited is a prominent insurance provider in Pakistan, offering a wide range of insurance... Published 07 May, 2024 06:05am
Adamjee Insurance: Message from Muhammad Ali Zeb, MD & CEO Adamjee Insurance Happy Insurance Day! We at Adamjee Insurance celebrate the power of security in building thriving communities. As a... Published 07 May, 2024 06:05am
Unlocking Pakistan's Insurance Potential: Message from Mohammed Ali Ahmed, Managing Director & Chief Executive EFU Life Assurance Ltd Pakistan with a population of 240 million, two-thirds of which are under the age of 30 years – the youth bulge –... Published 07 May, 2024 06:05am
Executive Committee’s Message: On the Ninth Insurance & Takaful Week 2024 Insurance Week is observed in Pakistan each year to raise the awareness of Insurance at national level. By... Published 07 May, 2024 06:05am
Insurance & Takaful Day 2024: Message from Aamir Khan, Commissioner, Securities and Exchange Commission of Pakistan (SECP) The Securities and Exchange Commission of Pakistan (SCEP) is pleased that the “Ninth Insurance and Takaful Week”... Published 07 May, 2024 06:05am
Rates PSX hits new record high KARACHI: Pakistan Stock Exchange on Monday witnessed a bullish trend and hit new highest-ever level on the back of... Published 07 May, 2024 06:05am
MBS may arrive next week ISLAMABAD: Saudi Crown Prince Mohammed bin Salman is expected to arrive next week for crucial talks with Pakistani... Published 07 May, 2024 06:05am
147MW hydropower project: PD, NTDC should ink ‘standstill pact’ with Star: AG’s Office ISLAMABAD: The Attorney General’s Office has proposed that Power Division and National Transmission and Despatch... Updated 07 May, 2024 09:23am
Coal for project: KE seeks govt support ISLAMABAD: K-Electric (KE) has sought support from federal government for allocation of coal for its 300 MW Mine... Updated 07 May, 2024 08:39am
SC suspends PHC verdict denying SIC reserved seats ISLAMABAD: The Supreme Court suspended over and above initially allocated women and minorities reserved seats to... Published 07 May, 2024 06:05am
Finally, Blome reaches out to beleaguered PTI ISLAMABAD: In an extraordinary overture after over two years of mutual hostility, the US Ambassador to Pakistan... Published 07 May, 2024 06:05am
SECP approves PIA’s Scheme of Arrangement ISLAMABAD: The Securities and Exchange Commission of Pakistan has approved the Scheme of Arrangement between... Updated 07 May, 2024 09:22am
SECP allows offering of tailored pension allocation schemes ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has introduced an enabling framework for... Updated 07 May, 2024 09:22am
ECC to meet today ISLAMABAD: Finance Minister Muhammad Aurangzeb has convened a meeting of the Economic Coordination Committee (ECC)... Updated 07 May, 2024 08:38am
Military awards conferred upon Pak Navy officers RAWALPINDI: Several Pakistan Navy officers, chief petty officers, sailors, and civilians have been conferred with... Published 07 May, 2024 06:05am
Bilawal forms body on privatisation matters ISLAMABAD: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari has constituted a committee to engage with... Published 07 May, 2024 06:05am
May 9 case: ATC confirms pre-arrest bail of PTI leader ISLAMABAD: The Anti-Terrorism Court (ATC), on Monday, confirmed the pre-arrest bail of Pakistan Tehreek-e-Insaf ... Published 07 May, 2024 06:05am
PARTLY FACETIOUS: Dar the SSP “What do you think of the performance of the Samdhi in Search of Portfolios (SSP)?” “Brings to mind a rather... Published 07 May, 2024 06:05am
Uncertain budgetary outcome in 2023-24 The outcome numbers on the fiscal operations for the first three quarters of 2023-24 have been released recently by... Published 07 May, 2024 06:05am
Wheat, wheat everywhere… The wheat crisis has thrown up a host of troubling questions that revolve around the persistent wisdom that in our... Published 07 May, 2024 06:05am
Letters The preponderance of social media This is apropos two back-to-back letters to the Editor of Mr Qamar Bashir carried by the newspaper in its issues of... Published 07 May, 2024 06:05am
The dumb national electricity policy of 2021 A good public policy is one that addresses a societal problem effectively, is based on evidence and research,... Published 07 May, 2024 06:05am
Rates LME official prices LONDON: The following were Friday official prices. ========================================= ALUMINIUM... Published 07 May, 2024 06:05am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Monday (May 06, 2024). ========================== KIBOR... Published 07 May, 2024 06:05am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 07 May, 2024 06:05am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Monday (May 06, 2024). ======================== Open Bid Rs... Published 07 May, 2024 06:05am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (May 06, 2024).... Published 07 May, 2024 06:05am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (May 06, 2024).... Published 07 May, 2024 06:05am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points