The Weather KARACHI: The weather report on Wednesday (May 15, 2024) and the forecast for Thursday (May 16, 2024)... Published 16 May, 2024 06:29am
Money & Banking Freelancers and IT exporters: BankIslami launches exclusive priority banking lounge KARACHI: BankIslami, a leading financial institution announced the opening of its exclusive priority banking lounge... Published 16 May, 2024 06:29am
Energy APL inaugurates its flagship fuel station in Islamabad ISLAMABAD: One of the leading fuel retail brands in Pakistan, Attock Petroleum Limited organized the inauguration of... Published 16 May, 2024 06:29am
Putin heads to Beijing seeking greater support for war effort BEIJING: Russian President Vladimir Putin arrives in China on Thursday to meet his “dear friend” Xi Jinping as ... Published 16 May, 2024 06:29am
Asia Singapore’s Lawrence Wong sworn in as new prime minister SINGAPORE: Singapore swore in Lawrence Wong as the city-state’s new prime minister in a ceremony broadcast live on... Published 16 May, 2024 06:29am
Europe Dutch parties reach coalition deal: Wilders THE HAGUE: Six months after Geert Wilders won a stunning election victory, squabbling politicians finally clinched a... Published 16 May, 2024 06:29am
Europe Italy’s PM Meloni warns of ‘super-State’ of Europe ROME: Italian Prime Minister Giorgia Meloni warned Wednesday that voters in upcoming European elections would be... Published 16 May, 2024 06:29am
Middle East Netanyahu says no humanitarian crisis as hundreds of thousands flee RAFAH (Palestinian Territories): Israel’s prime minister on Wednesday insisted there was no “humanitarian... Published 16 May, 2024 06:29am
Four dead in New Caledonia riots, France declares state of emergency SYDNEY/PARIS: France declared a state of emergency on the Pacific island of New Caledonia on Wednesday after three... Published 16 May, 2024 06:29am
Sri Lanka says 16 citizens killed fighting in Ukraine war COLOMBO: At least 16 Sri Lankan mercenaries have been killed fighting in the war between Russia and Ukraine, the... Published 16 May, 2024 06:29am
CM gives Rs30m cheque to hockey team players LAHORE: Punjab Chief Minister Maryam Nawaz Sharif met the hockey players and presented cheque of Rs30 million to the... Published 16 May, 2024 06:29am
Provincial Judo competitions for men and women begin at SAU HYDERABAD: The provincial Judo competitions for men and women under the Prime Minister Youth Talent Hunt Youth ... Published 16 May, 2024 06:29am
South Asia Indian court grants bail to IIOJK journalist after years in jail OCCUPIED SRINAGAR: An award-winning journalist in Illegally Indian-Occupied Jammu and Kashmir (IIOJK) who spent more... Published 16 May, 2024 06:29am
Alkhidmat, KW&SC ink accord KARACHI: Alkhidmat Karachi is set to provide healthcare services to the employees of Karachi Water and Sewerage... Published 16 May, 2024 06:29am
Rehabilitation of Lyari gas network to improve service delivery KARACHI: Lyari, the heart of the ‘old-city area’ happens to be one of the earliest gasified areas in Karachi.... Published 16 May, 2024 06:29am
Met Office forecasts ‘very hot’ weather KARACHI: Temperatures on Wednesday surged to the season’s record highs in Sindh, as sizzling weather is likely... Published 16 May, 2024 06:29am
JI, KBP to protest against delay in wheat procurement LAHORE: Workers of the Jamaat-e-Islami (JI) and the Kissan Board Pakistan (KBP) will stage a protest in front of the... Published 16 May, 2024 06:29am
Opposition raises objections to Punjab Defamation Bill 2024 LAHORE: The opposition in the Punjab Assembly on Wednesday raised objections to the controversial Punjab Defamation... Published 16 May, 2024 06:29am
Defamation law not against any journalist: govt LAHORE: Provincial Information Minister Azma Bokhari said on Wednesday that the proposed law of defamation is not... Published 16 May, 2024 06:29am
PA body takes strong stance against illegal sand mining LAHORE: The inaugural meeting of the Special Committee of the Punjab Assembly chaired by Minister for Mines and... Published 16 May, 2024 06:29am
Status of legislative memberships: Gilani, Dar, Aurangzeb, Musadik, 21 others will not be affected ISLAMABAD: The status of legislative memberships of Chairman Senate Yousaf Raza Gilani, Deputy Prime Minister Ishaq... Published 16 May, 2024 06:29am
IK acquitted in Section 144 violation case ISLAMABAD: A local court, on Wednesday, acquitted Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan from a... Published 16 May, 2024 06:29am
Omar demands thorough probe into ‘Dubai Unlocked’ properties ISLAMABAD: The opposition leader in the National Assembly Omar Ayub Khan on Wednesday demanded a thorough probe into... Published 16 May, 2024 06:29am
Posts of VCs in varsities: SC irked by non-compliance of its order ISLAMABAD: The Supreme Court has expressed extreme dismay over non-compliance of its order by the federal and... Published 16 May, 2024 06:29am
Iddat case: Maneka’s counsel directed to attend hearing via video link or submit written arguments ISLAMABAD: A local court on Wednesday directed the counsel of Khawar Maneka, the complainant in the Iddat case... Published 16 May, 2024 06:29am
Modern global standards: Speakers raise questions over local automobile industry’s ‘failure’ ISLAMABAD: Speakers at a conference have raised serious questions about the local auto-mobile industry’s failure ... Published 16 May, 2024 06:29am
Turkiye President likely to visit very soon ISLAMABAD: Turkiye President Recep Tayyip Erdogan is likely to visit Pakistan within a couple of days on the... Published 16 May, 2024 06:29am
Pakistan, Afghan forces continue exchange of heavy fire ISLAMABAD: Pakistan and Afghan security forces continued to exchange heavy fire on the Pakistan-Afghanistan border ... Published 16 May, 2024 06:29am
Al-Qadir Trust case: AC adjourns hearing till 17th due to security concerns ISLAMABAD: The Accountability Court hearing the £190 million National Crime Agency (NCA) scam commonly known as the... Published 16 May, 2024 06:29am
BME successfully concludes 8-week internship programme KHUZDAR, (Balochistan): Bolan Mining Enterprises (BME), a pioneering mining joint venture between Pakistan Petroleum... Published 16 May, 2024 06:29am
CM approves STEM IT, Science Labs in 1000 elementary schools LAHORE: Chief Minister Punjab Maryam Nawaz Sharif, while according approval to provide 32298 computer tabs to the... Published 16 May, 2024 06:29am
Heavy rains: DC Matiari directs depts to prepare plan HYDERABAD: Deputy Commissioner Matiari, Muhammad Yousif Shaikh, has issued directives to all concerned departments ... Published 16 May, 2024 06:29am
Wheat procurement, law and order: Governor to discuss issues with PM, CM LAHORE: Governor Punjab Saleem Haider Khan said on Wednesday that he is going to meet Prime Minister Shehbaz Sharif... Published 16 May, 2024 06:29am
LHC reserves verdict on plea against Dar’s appointment LAHORE: The Lahore High Court reserved its verdict on a petition against Ishaq Dar for his appointment as Deputy... Published 16 May, 2024 06:29am
Quality legislation: NA Speaker for strengthening standing bodies ISLAMABAD: National Assembly Speaker Ayaz Sadiq said that there is a need to strengthen the standing committees of... Published 16 May, 2024 06:29am
Naqvi praises PM for farmer-friendly initiative LAHORE: Interior Minister Mohsin Naqvi has paid tribute to Prime Minister Shehbaz Sharif for increasing target of... Published 16 May, 2024 06:29am
Rates LME official prices LONDON: The following were Tuesday official prices. ========================================= ALUMINIUM... Published 16 May, 2024 06:28am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Wednesday (May 15, 2024). ======================================= Offset... Published 16 May, 2024 06:28am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (May 15, 2024)... Published 16 May, 2024 06:28am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (May 15, 2024).... Published 16 May, 2024 06:28am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (May 15, 2024).... Published 16 May, 2024 06:28am
Forex Dollar's rate in Interbank market KARACHI: Interbank closing rates for dollar on Wednesday (May 15, 2024). ======================== Open Bid Rs... Published 16 May, 2024 06:28am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (May 15, 2024). ==================================== BR... Published 16 May, 2024 06:28am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 16 May, 2024 06:28am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Wednesday (May 15, 2024). ========================== KIBOR... Published 16 May, 2024 06:28am
Will the upcoming Disco boards be a fiasco again? Non-professionalism in the power sector has been dubbed as the main reason for the present rot. Here, the present... Published 16 May, 2024 06:28am
Letters US working hand in glove with Israel It is heartening to note that the European Union has taken a meaningful step against Israel’s growing belligerence... Published 16 May, 2024 06:28am
Chakkar-istan: degree attestation is a new business in Pakistan Degree attestation from the Inter Board Chairman Council (IBCC) & Higher Education Commission (HEC) is a new... Updated 16 May, 2024 06:57am
The AJK curtain-raiser I fear the recent unrest in AJK was not an isolated affair, nor does the delayed Rs35bn sweetener mean the end of ... Published 16 May, 2024 06:28am
PARTLY FACETIOUS: ‘It’s never what you say, but in which language you say that is important’ “So all hail to the gods of legality.” “Excuse me!” “I was referring to the recurring nightmare of the... Published 16 May, 2024 06:28am
Rates Activities at Karachi Port Trust and Port Qasim KARACHI: The Karachi Port Trust handled 123,530 tonnes of cargo comprising 56,628 tonnes of import cargo and 66,902... Published 16 May, 2024 06:28am
Stocks China stocks close lower after US tariffs SHANGHAI: Mainland China shares ended lower on Wednesday, pressured by US President Joe Biden’s decision to levy... Published 16 May, 2024 06:28am
Stocks Upbeat earnings lift STOXX 600 to record high PARIS: Europe’s main share index notched a record high on Wednesday, as investors cheered robust earnings from the... Published 16 May, 2024 06:28am
Stocks S&P 500, Nasdaq at record highs as lukewarm inflation fuels rate-cut bets NEW YORK: The benchmark S&P 500 and the Nasdaq touched record highs on Wednesday after a lower-than-expected... Published 16 May, 2024 06:28am
PML-N leader urges Parliament to play its role in bringing judicial reforms ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) senior leader Senator Talal Chaudhry on Wednesday urged Parliament ... Published 16 May, 2024 06:28am
PTI denounces ban on meeting with Imran, Qureshi ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) vehemently denounced the ban on meeting with party founding chairman Imran... Published 16 May, 2024 06:28am
Punjab’s first Free IT City at APS School inaugurated LAHORE: Education Minister Rana Sikandar Hayat inaugurated Punjab’s first Free IT City at APS School, Model Town.... Published 16 May, 2024 06:28am
Medical, nursing education: UHS has key role in uplift: Minister LAHORE: Provincial Minister for Primary and Secondary Healthcare Khawaja Imran Nazir has said that the University of... Published 16 May, 2024 06:28am
Woes can improve only after dialogue with IK: Elahi LAHORE: President PTI Chaudhry Parvez Elahi said Pakistan’s political and economic woes can improve only after... Published 16 May, 2024 06:28am
Gilgit-Baltistan: Zardari for establishing all-weather road infrastructure ISLAMABAD: President Asif Ali Zardari has called for establishing an all-weather road infrastructure in... Published 16 May, 2024 06:28am
Fatah-II Guided Rocket System: Pakistan conducts successful training launch RAWALPINDI: The Pakistan Army conducted successful training launch of Fatah-II Guided Rocket System with a range of... Published 16 May, 2024 06:28am
Rates PSX continues northbound journey KARACHI: Pakistan Stock Exchange on Wednesday witnessed another bullish session and hit new highest-ever level on ... Published 16 May, 2024 06:28am
Imran gets bail in £190m case ISLAMABAD: The Islamabad High Court (IHC), Wednesday, granted bail to Pakistan Tehreek-e-Insaf (PTI) founder Imran... Published 16 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 16 May, 2024 06:28am
Commodities Gold prices up KARACHI: Gold prices on Wednesday saw a big leap on the local market but silver stood firm, traders said. The... Published 16 May, 2024 06:28am
Energy Investors abandon bullish case for US gasoline: Kemp LONDON: US gasoline prices and refining margins have come under pressure as inventories deplete more slowly than... Published 16 May, 2024 06:28am
Commodities Malaysian palm oil futures up JAKARTA: Malaysian palm oil futures ended up on Wednesday as the commodity’s price was seen as competitive ... Published 16 May, 2024 06:28am
Cotton & Textile Firm trend on cotton market LAHORE: The local cotton market remained bearish on Wednesday and trading volume remained low. Cotton Analyst ... Published 16 May, 2024 06:28am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (May 15, 2024)... Published 16 May, 2024 06:28am
Energy Oil prices gain NEW YORK: Crude prices edged up on Wednesday from a two-month low in the prior session as the market balanced... Published 16 May, 2024 06:28am
Energy US natural gas NEW YORK: US natural gas futures climbed about 2% to a 15-week high on Wednesday on a drop in output and forecasts... Published 16 May, 2024 06:28am
Commodities PMEX daily trading report KARACHI: On Tuesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 23.358... Published 16 May, 2024 06:28am
Commodities Gold climbs BENGALURU: Gold hit a more than three-week high on Wednesday, aided by a weaker dollar and lower Treasury yields... Published 16 May, 2024 06:28am
Commodities Japanese rubber futures hit on supply worries BEIJING/TOKYO: Japanese rubber futures rallied for a third session on Wednesday, closing at its highest level in ... Published 16 May, 2024 06:28am
Commodities LME copper rises on bullish outlook LONDON: London copper touched a more than two-year high on Wednesday, aided by a weaker US dollar and bullish demand... Published 16 May, 2024 06:28am
Commodities Iron ore slides BEIJING: Iron ore prices extended declines into a second straight session on Wednesday, dragged down by expectations... Published 16 May, 2024 06:28am
MSCI FM Index: Pakistan’s weight to go up by 30-40bps with NBP’s addition KARACHI: MSCI has announced the results of its index review for May 2024, based on which, one more scrip of... Updated 16 May, 2024 09:26am
Development budget, PSDP: PM directs setting up of Ahsan-led panel ISLAMABAD: Prime Minister Shehbaz Sharif has directed that a cabinet committee to be headed by the Minister for... Updated 16 May, 2024 09:02am
Power and wheat flour: ECC approves Rs23bn TSG for AJK govt ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs23 billion technical... Updated 16 May, 2024 09:03am
Energy: Aurangzeb briefed about issues facing industrial sector ISLAMABAD: The Federal Minister for Finance & Revenue, Senator Muhammad Aurangzeb, chaired a meeting at the... Updated 16 May, 2024 09:27am
Juices, cigarettes prime focus: Govt plans to rationalise FED regime in budget ISLAMABAD: The government is planning to rationalise Federal Excise Duty (FED) regime in the coming budget with... Updated 16 May, 2024 09:26am
Bilawal advises opposition to hold dialogue only with govt ISLAMABAD: As the opposition Pakistan Tehreek-e-Insaf (PTI) is head over heels for engaging the mighty gurus for... Updated 16 May, 2024 09:02am
Revision of buyback rates: PM directs Nepra, PD to amend net metering rules ISLAMABAD: Prime Minister Shehbaz Sharif is said to have directed the National Electric Power Regulatory Authority... Updated 16 May, 2024 12:07pm
Non-filers: FBR proposes WHT raise on cash withdrawal from banks ISLAMABAD: The Federal Board of Revenue (FBR) has proposed to raise withholding tax on cash withdrawal from the... Updated 16 May, 2024 11:50am
Petrol price slashed by Rs15.39, HSD’s by Rs7.88 ISLAMABAD: Federal government on Wednesday announced massive cut up to Rs 15.39 per litre in the ex-dept prices of... Updated 16 May, 2024 09:00am
March LSMI output up 2.04pc YoY ISLAMABAD: The Large Scale Manufacturing Industries (LSMI) output increased by 2.04 per cent for March 2024 when... Updated 16 May, 2024 09:41am
Companies Esprit files for bankruptcy of European businesses FRANKFURT: Fashion group Esprit said Wednesday it has filed for bankruptcy of its European businesses, seeking to... Published 16 May, 2024 06:28am
‘Ease of Doing Business’ and ‘One Stop Shop’: BoI’s fast-track platforms to boost investment: Aleem ISLAMABAD: Federal Minister for Board of Investment, Privatization and Communications, Abdul Aleem Khan has said the... Published 16 May, 2024 06:28am
MENA Dubai’s AI blueprint can be ‘roadmap for wider region’ Dubai has recently unveiled a strategy for Artificial Intelligence (AI), an annual initiative aimed at leveraging... Updated 16 May, 2024 07:05am
Military’s role in politics EDITORIAL: Sparks flew in the National Assembly on Monday when Leader of the Opposition Omar Ayub accused the... Published 16 May, 2024 06:28am
Political uncertainty or just bad economics? EDITORIAL: The refrain that political uncertainty is exacerbating the economic impasse due to inconsistent policies,... Published 16 May, 2024 06:28am
Companies BoP joins SME finance forum LAHORE: The Bank of Punjab, a key player in Pakistan’s SME banking segment, has joined hands with SME Finance ... Published 16 May, 2024 06:28am
Money & Banking FBL inaugurates regional head office & flagship branch in Multan MULTAN: Faysal Bank Limited (FBL) Pakistan’s fastest growing Islamic bank, inaugurated its Multan Regional Head... Published 16 May, 2024 06:28am
Businessmen, industrialists discuss challenges faced by investors KARACHI: United Business Group (UBG) leaders Patron-in-Chief SM Tanveer, President Zubair Tufail, General Secretary... Published 16 May, 2024 06:28am
Industry Power outages severely impacting businesses, citizens alike: Shaikhani HYDERABAD: Muhammad Farooq Shaikhani, the President of Hyderabad Chamber of Small Traders & Small Industry,... Published 16 May, 2024 06:28am
Taxes SPARC says seeks increased taxation on cigarettes ISLAMABAD: Society for the Protection of the Rights of the Child (SPARC) has proposed Federal Board of Revenue (FBR)... Published 16 May, 2024 06:28am
BAT launches Global Business Solutions hub in Lahore LAHORE: BAT, one of the world’s largest multi-category consumer goods companies, has officially launched its ... Published 16 May, 2024 06:28am
‘Pitch2Fork’: Startups from Pakistan, India & BD showcase their initiatives LAHORE: Entrepreneurs across Pakistan, India and Bangladesh recently presented their initiatives to a panel of... Published 16 May, 2024 06:28am
IT sector: Blome says US keen to broaden ties ISLAMABAD: The United States has expressed the desire to broaden cooperation with Pakistan in the information... Published 16 May, 2024 06:28am
Illicit cigarettes supply chain: FBR to focus on enforcement at all stages ISLAMABAD: The Federal Board of Revenue (FBR) will now focus on enforcement at all stages of the illicit supply ... Published 16 May, 2024 06:28am