Companies Emirates Group reports record profit of $5.1bn for FY 2023-24 KARACHI: The Emirates Group has announced its best-ever financial performance for the fiscal year 2023-24, reporting... Published 15 May, 2024 05:53am
Gary Kirsten to join Pakistan team ahead of England series LAHORE: Pakistan Cricket Board on Tuesday announced that Gary Kirsten will join the national men’s side in Leeds ... Published 15 May, 2024 05:47am
Dar, CIDCA chairman discuss Gwadar Airport, other projects BEIJING: Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar on Tuesday held a luncheon meeting with... Published 15 May, 2024 05:47am
Ex-govt officials, bankers, bureaucrats own properties in Dubai: report KARACHI: More than a dozen retired military officials and their families, as well as bankers and bureaucrats, own... Updated 15 May, 2024 10:37am
Industry Stemming smuggling, transit trade misuse: Changes in customs laws on the anvil: Aurangzeb ISLAMABAD: Finance Minister Muhammad Aurangzeb, Tuesday, conveyed to the Pakistan Business Council (PBC) that major... Published 15 May, 2024 05:47am
Record 76m people displaced worldwide, says monitor GENEVA: Conflict in Gaza and Sudan pushed the number of internally displaced people (IDPs) worldwide to a record ... Published 15 May, 2024 05:47am
Israeli tanks push into Rafah, as displaced civilians flee again CAIRO: Israeli tanks forged deeper into eastern Rafah on Tuesday, reaching some residential districts of the ... Published 15 May, 2024 05:47am
CPJ says Indian journalist shot dead at BJP election rally NEW DELHI: The Committee to Protect Journalists condemned Monday’s killing of journalist Ashutosh Srivastava and... Published 15 May, 2024 05:47am
US sharply hikes tariffs on Chinese EVs and chips WASHINGTON: US President Joe Biden took aim at China on Tuesday, saying Beijing is “cheating” rather than... Published 15 May, 2024 05:47am
Move on from Afghan ‘trauma’ and address rising threat: US study WASHINGTON: The United States must move on from the “trauma” of two decades of war and step up counterterrorism... Published 15 May, 2024 05:47am
H1: Fiscal deficit increases to 2.3pc of GDP KARACHI: Fiscal deficit increased to 2.3 percent of GDP in the first half of FY24 from 2.0 percent in the same ... Published 15 May, 2024 05:47am
Rates LME official prices LONDON: The following were Monday official prices. ========================================= ALUMINIUM... Published 15 May, 2024 05:47am
Protesters call off march in AJK MUZAFFARABAD: An alliance of civil rights group on Tuesday called off a protest march in Pakistan-ruled Kashmir ... Published 15 May, 2024 05:47am
Blome discusses ‘judicial independence, rule of law’ with Tarar ISLAMABAD: United States Ambassador to Pakistan, Donald Blome, on Tuesday, discussed “judicial independence,... Published 15 May, 2024 05:47am
Zardari visits Green Pakistan Initiative Headquarters ISLAMABAD: President Asif Ali Zardari visited the Green Pakistan Initiative Headquarters in Rawalpindi. The... Published 15 May, 2024 05:47am
Why Imran, Bushra Bibi be shifted to KP: minister LAHORE: Provincial Minister for Information and Culture Punjab Azma Bokhari while addressing Barrister Saif said ... Published 15 May, 2024 05:47am
UAE CG, Sindh CS discuss collaborative projects KARACHI: In a meeting between the Consul General of the United Arab Emirates (UAE) Bakheet Ateeq AL Remeithi, and... Published 15 May, 2024 05:47am
National security: Tarar emphasises govt's firm stance ISLAMABAD: Minister for Information and Broadcasting Attaullah Tarar on Tuesday emphasised the government's firm... Published 15 May, 2024 05:47am
NAB amendments case: SC directs Centre, Punjab to make arrangements for IK appearance through video link ISLAMABAD: The Supreme Court directed the federal and the Punjab governments to make arrangements for the appearance... Published 15 May, 2024 05:47am
SAU to assist PBS in Digital Agricultural Census HYDERABAD: Sindh Agriculture University will assist the Pakistan Bureau of Statistics (PBS) in conducting the ... Published 15 May, 2024 05:47am
Parents urged to protect children from dengue LAHORE: The Technical Working Group on Dengue Virus, which met with the provincial Health Minister Khawaja Salman... Published 15 May, 2024 05:47am
First meeting of SATRC: Pakistan urges regional collaboration in addressing common ICT challenges ISLAMABAD: Pakistan on Tuesday underscored the importance of regional collaboration in addressing common ICT... Published 15 May, 2024 05:47am
Nation suffering due to wrong priorities of policymakers KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian... Published 15 May, 2024 05:47am
Minorities rally in Karachi to support Palestinians KARACHI: Minorities in Karachi took out a march to express solidarity with Palestinians on Monday. The march was... Published 15 May, 2024 05:47am
Meeting discusses role, reforms of Planning Commission ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal presided over a high-level... Published 15 May, 2024 05:47am
Muhammad Ali Randhawa chairs Islamabad Development Working Party meeting ISLAMABAD: Chief Commissioner Islamabad Muhammad Ali Randhawa on Tuesday met the Islamabad Development Working ... Published 15 May, 2024 05:47am
Petition against property tax revision: IHC issues notices to ECP and MCI ISLAMABAD: The Islamabad High Court (IHC), Tuesday, issued notices to the Metropolitan Corporation of Islamabad... Published 15 May, 2024 05:47am
Global team visits Guard Agricultural Research, Services LAHORE: A high level 9-member delegation of internationally acclaimed food and agriculture scientists and ... Published 15 May, 2024 05:47am
Five Chinese scholars awarded PhD degrees in PU LAHORE: For the first time, five Chinese scholars have been awarded PhD degrees in Punjab University’s 133rd... Published 15 May, 2024 05:47am
Afghanistan: Deteriorating ties pose challenges in addressing terror threat ISLAMABAD: The deteriorating bilateral relations between Pakistan and Afghanistan, coupled with a lack of meaningful... Published 15 May, 2024 05:47am
Dar briefs CTGI chairman over FDI scope in Pakistan BEIJING: Executive Vice President of China Three Gorges Corporation (CTG) and Chairman of China Three Gorges... Published 15 May, 2024 05:47am
Coca-Cola’s solar-powered water filtration plant benefits Megwarh villagers ISLAMABAD: Coca-Cola’s Solar-Powered Water Filtration Plant in Megwarh Village near Umerkot Sindh has benefited ... Published 15 May, 2024 05:47am
Legal education: CCP inks MoU with DLE ISLAMABAD: The Competition Commission of Pakistan (CCP) and the Directorate of Legal Education (DLE) have signed a... Published 15 May, 2024 05:47am
Better production: Agri dept, private sector should coordinate: minister LAHORE: Punjab Agriculture Minister Syed Ashiq Hussain Kirmani has said that the Agriculture department and the... Published 15 May, 2024 05:47am
CCPO disposes of 1956 service appeals LAHORE: CCPO Lahore Bilal Siddique Kamyana heard police employees 1956 appeals this year, issuing warnings to 1541... Published 15 May, 2024 05:47am
LCCI organises seminar on drug addiction and rehabilitation LAHORE: The Lahore Chamber of Commerce and Industry organized a seminar on Drug Addiction and the Rehabilitation of... Published 15 May, 2024 05:47am
Punjab Govt Advertisement Policy-2024 approved by cabinet LAHORE: Punjab cabinet, which met here Tuesday with Chief Minister Maryam Nawaz in the chair, accorded approval to... Published 15 May, 2024 05:47am
Rotary Club to provide free uniforms to needy students FAISALABAD: Rotary Club of Faisalabad will provide free uniforms to students who cannot afford uniforms, besides... Published 15 May, 2024 05:47am
5 Chinese scholars awarded PhDs by Punjab University LAHORE: For the first time, five Chinese scholars have been awarded PhD degrees in Punjab University’s 133rd... Published 15 May, 2024 05:47am
Punjab CM, Nawaz visit Mayo’s ‘Children Emergency’ LAHORE: Punjab Chief Minister Maryam Nawaz accompanied by the Pakistan Muslim League (PML-N) supremo Nawaz Sharif... Published 15 May, 2024 05:47am
ECO-friendly car launched KARACHI: At a simple, brief ceremony held at the premises of the SOS Technical Training Institute located on the... Published 15 May, 2024 05:47am
Iddat case: court adjourns hearing till today ISLAMABAD: The counsel of Khawar Maneka, the complainant in the Iddat case against Pakistan Tehreek-e-Insaf (PTI)... Published 15 May, 2024 05:47am
Uniform policy being implemented to deal with the challenge of power pilferage, NA told ISLAMABAD: The National Assembly was informed on Tuesday that a comprehensive uniform policy is being implemented to... Published 15 May, 2024 05:47am
FO rejects Indian leaders’ anti-Pakistan rhetoric ISLAMABAD: The Foreign Office on Tuesday rejected the anti-Pakistan rhetoric by various Indian leaders, including... Published 15 May, 2024 05:47am
Customs seizes crystal Meth worth Rs3.8m at JIA KARACHI: The Collectorate of Customs, Airport has seized a substantial quantity of crystal Meth (MDMA) at... Published 15 May, 2024 05:47am
Punjab CM for operationalising all inactive water filtration plants LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has directed the authorities concerned to entrust the management ... Published 15 May, 2024 05:47am
Affairs of judiciary: AGP says govt, agencies not meddling ISLAMABAD: The attorney general for Pakistan (AGP) denied the impression that the government or the intelligence... Published 15 May, 2024 05:47am
Issues of KPC housing schemes to be resolved on priority basis: Info secy KARACHI: Secretary Information Department Nadeem-ur-Rehman Memon said that the issues of journalists and press clubs... Published 15 May, 2024 05:47am
Spokesman defends assets of Bilawal, Aseefa ISLAMABAD: All the national and international assets of Chairman Pakistan Peoples Party, Bilawal Bhutto-Zardari and... Published 15 May, 2024 05:47am
Govt can generate Rs58.8bn by better use of land ‘occupied’ by federal govt employees: NGO ISLAMABAD: The federal government can generate at least $58.8 billion by efficient and productive use of the land... Published 15 May, 2024 05:47am
The Weather KARACHI: The weather report on Tuesday (May 14, 2024) and the forecast for Wednesday (May 15, 2024)... Published 15 May, 2024 05:47am
Rates New milestone achieved KARACHI: Pakistan Stock Exchange on Tuesday achieved another milestone, hitting new highest-ever level on the back ... Published 15 May, 2024 05:47am
Protests, politics and the ‘un’-social media The best way to control is to make people mindless. The best way to keep them mindless is to keep them illiterate... Updated 15 May, 2024 06:34am
Girls in informational technology: let’s celebrate after genuine inclusion An entrepreneur during an interview published on this platform said that women’s participation in the workforce... Updated 15 May, 2024 06:22am
PARTLY FACETIOUS: ‘Patience is wearing thin!’ “Indeed and I define patience as the ability to count down before losing one’s cool and the people of Azad Jammu... Published 15 May, 2024 05:47am
Stocks Asian FX hit pause as focus turns to US data BENGALURU: Asian currencies and stocks were little changed on Tuesday under pressure from a steady dollar, as... Published 15 May, 2024 05:47am
Stocks China stocks close down amid US tariff concerns SHANGHAI: China stocks slipped on Tuesday, while the yuan weakened, as news of fresh US tariffs this week and... Published 15 May, 2024 05:47am
Stocks European shares close at record high PARIS: European shares closed at a record high on Tuesday, with German’s Delivery Hero notching its biggest jump ... Published 15 May, 2024 05:47am
Stocks Wall St edges up after ‘mixed’ PPI data NEW YORK: Wall Street’s main indexes inched up on Tuesday as investors assessed a mixed producer prices reading ... Published 15 May, 2024 05:47am
Stocks Tokyo stocks close higher ahead of US data TOKYO: Tokyo stocks closed higher on Tuesday following a seesaw session with investors eyeing the release of US... Published 15 May, 2024 05:47am
Energy US natural gas prices turn negative NEW YORK: US spot natural gas prices in Texas averaged below zero for Tuesday for the fourth time this month and the... Published 15 May, 2024 05:47am
Energy Oil down on inflation, supply risks in Mideast HOUSTON: Oil prices fell on Tuesday, after fresh US data indicated inflation remains sticky, while potential risks ... Published 15 May, 2024 05:47am
Rates Activities at Karachi Port Trust and Port Qasim KARACHI: The Karachi Port Trust handled 118,534 tonnes of cargo comprising 73,982 tonnes of import cargo and 44,552... Published 15 May, 2024 05:47am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday, (May 14, 2024)... Published 15 May, 2024 05:47am
Cotton & Textile No visible change on cotton market LAHORE: The local cotton market remained bearish on Tuesday and trading volume remained low. Cotton Analyst Naseem... Published 15 May, 2024 05:47am
Commodities Copper hits highest since April 2022 LONDON: Copper prices clawed to their highest levels in more than two years on Tuesday as speculators, following... Published 15 May, 2024 05:47am
Commodities PMEX daily trading report KARACHI: On Monday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR16.946 ... Published 15 May, 2024 05:47am
Letters Iran deserves praise Israel’s ground and air campaign in Gaza has so far killed more than 35,000 people, mostly civilians, and driven... Published 15 May, 2024 05:47am
Time to act: 9 cents/kWh The country faces daunting economic challenges. A shrinking industrial base, a bulging workforce with no jobs to... Updated 15 May, 2024 06:28am
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 15 May, 2024 05:47am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 15 May, 2024 05:47am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Tuesday (May 14, 2024). ======================== Open Bid Rs... Published 15 May, 2024 05:47am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (May 14, 2024).... Published 15 May, 2024 05:47am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (May 14, 2024).... Published 15 May, 2024 05:47am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (May 14, 2024)... Published 15 May, 2024 05:47am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Tuesday (May 14, 2024). ======================================= Offset ... Published 15 May, 2024 05:47am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (May 14, 2024). ==================================== BR... Published 15 May, 2024 05:47am
H1FY24: Driven by agri sector, real GDP grew 1.7pc: SBP Macroeconomic conditions improve during first half of fiscal year 2024 Updated 15 May, 2024 09:24am
Political uncertainty impacting economy: SBP KARACHI: Despite some improvement in macroeconomic indicators, economy continues to grapple with the structural... Published 15 May, 2024 05:47am
Anarchic elements: ‘Nefarious motives’ defeated: govt ISLAMABAD: Minister for Information and Broadcasting Attaullah Tarar said that the nefarious motives of some... Updated 15 May, 2024 08:47am
PIACL sell-off: Pre-qualification process to be completed by May-end, PM told ISLAMABAD: Prime Minister Shehbaz Sharif was apprised on Tuesday that the pre-qualification process for the... Updated 15 May, 2024 09:17am
Beleaguered PSM under ECC focus ISLAMABAD: The Economic Coordination Committee (ECC) of Cabinet has directed Ministry of Industries and Production... Updated 15 May, 2024 08:48am
Blocking SIM cards of non-filers: IHC stays govt decision ISLAMABAD: The Islamabad High Court (IHC) on Tuesday stayed the Federal Board of Revenue’s (FBR’s) decision to block... Updated 15 May, 2024 09:18am
PPIB asks SECMC to supply Thar coal to LEPCL ISLAMABAD: Private Power & Infrastructure Board (PPIB) has asked Sindh Engro Coal Mining Company (SECMC) to... Updated 15 May, 2024 08:46am
CPEC review meeting: Certain proportion of imports should be done thru Gwadar port: PM ISLAMABAD: Prime Minister Shehbaz Sharif has directed that a certain proportion of government imports should be done... Updated 15 May, 2024 09:20am
AJK govt asked to set up its own Disco ISLAMABAD: The federal government has reportedly asked AJ&K government to establish its own power Distribution... Updated 15 May, 2024 08:50am
Companies Walmart to lay off hundreds of corporate staff, relocate others NEW YORK: Walmart is cutting hundreds of corporate jobs and asking most remote workers to relocate to three main ... Published 15 May, 2024 05:47am
Reserved appeals/applications: ATIR chairman directs judicial members to write judgments ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) chairman has directed judicial members, whose tenure will... Published 15 May, 2024 05:47am
H1FY24 agri sector output rebounds KARACHI: The output of agriculture sector rebounded, with 6.8 percent growth in the first half of FY24 compared to... Updated 15 May, 2024 09:19am
H2FY24: SBP expects continuation of modest recovery KARACHI: The State Bank of Pakistan (SBP) expects continuation of modest economic recovery in the second half of ... Published 15 May, 2024 05:47am
FBR proposes Rs1.3trn new taxation measures Chalks out plan including additional taxes, withdrawal of exemptions and zero-ratings and taxation of real estate/retail sectors Updated 15 May, 2024 10:44am
ATIR rules approved: Special body formed to consult on PECA amendments ISLAMABAD: The federal cabinet has decided to set up a special committee for consultation on amendments in Pakistan... Updated 15 May, 2024 08:53am
IT services exporters: P@SHA proposes taxation reforms KARACHI: Pakistan Software Houses Association (P@SHA), has apprised that the unanimous and representative budgetary... Published 15 May, 2024 05:47am
Impact assessment of EDF-funded projects ordered ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan has directed a thorough impact assessment and analysis of... Published 15 May, 2024 05:47am
An inexcusable standoff EDITORIAL: Amidst the prevailing disconcerting political instability the word ‘reconciliation’ frequently occurs... Updated 15 May, 2024 06:17am
No feel-good factor within general public EDITORIAL: There is a level of comfort internationally in the improvement of key macroeconomic indicators - higher... Published 15 May, 2024 05:47am
H1FY24: Services sector posts a meagre growth of 0.5pc KARACHI: Not withstanding robust agriculture growth and a moderate recovery in LSM during the second quarter of ... Published 15 May, 2024 05:47am
Commodities Chicago wheat futures ease PARIS/CANBERRA: Chicago wheat futures edged lower on Tuesday after hitting their highest since last July as prices... Published 15 May, 2024 05:47am
Commodities Brazil’s Conab raises soybean output view SAO PAULO: Brazilian farmers are expected to reap 147.685 million metric tons of soybeans in the 2023/2024 cycle,... Published 15 May, 2024 05:47am
Commodities Gold inches up as traders eye key US inflation report BENGALURU: Gold prices firmed on Tuesday as investors awaited the crucial inflation report this week, which can... Published 15 May, 2024 05:47am