China announces sanctions on US defence firms BEIJING: China said Wednesday it would impose sanctions on a number of US defence firms and several executives over... Published 23 May, 2024 05:16am
Big crowds in Tehran for Raisi’s funeral TEHRAN: Iran’s supreme leader Ayatollah Ali Khamenei led prayers for late president Ebrahim Raisi on Wednesday as... Published 23 May, 2024 05:16am
Pakistan women cricket team face England today LAHORE: Pakistan women cricket team will take on England women in a three-match ODI series, commencing at the County... Published 23 May, 2024 05:16am
Pacer Hasan Ali released from T20I squad LAHORE: Pakistan's pacer Hasan Ali has been released from the Green Shirts' squad for the T20I. The team management... Published 23 May, 2024 05:16am
Post-arrest bail pleas: Court requested to mark attendance of IK, spouse via video link ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan’s lawyers on Wednesday requested the court... Published 23 May, 2024 05:16am
Defamation Bill: PPP Punjab supports media LAHORE: General Secretary Pakistan Peoples Party Central Punjab Syed Hassan Murtaza and Parliamentary leader in... Published 23 May, 2024 05:16am
Blome inaugurates ‘Cleantech Investment Roadshow’ in Karachi KARACHI: The US Ambassador to Pakistan Donald Blome inaugurated the second Investment Roadshow, supported by the US... Published 23 May, 2024 05:16am
Heatwave spell likely to persist till 27th KARACHI: The Met Office on Wednesday repeated its weather warning about heatwave spell that is likely to continue... Published 23 May, 2024 05:16am
Drug trafficking: Sindh govt establishes rapid response unit KARACHI: The Sindh government on Wednesday established the rapid response unit to combat drug trafficking in the... Published 23 May, 2024 05:16am
World Economic Forum founder Schwab to retire from leadership role GENEVA: Klaus Schwab, the founder and longtime face of the World Economic Forum, will step away from executive... Published 23 May, 2024 05:16am
Palestinians optimistic but wary after recognition moves GAZA STRIP: Palestinians in Gaza and the occupied West Bank on Wednesday welcomed the decision by Spain, Ireland and... Published 23 May, 2024 05:16am
Sri Lanka T20 team owner arrested for graft allegations COLOMBO: The foreign owner of a T20 cricket team in Sri Lanka’s Premier League (LPL) was arrested on Wednesday on... Published 23 May, 2024 05:16am
UK fines Citigroup over European ‘flash crash’ LONDON: British financial regulators Wednesday fined US bank Citigroup for failures in its trading controls after a... Published 23 May, 2024 05:16am
Leading AI firms pledge ‘responsible’ tech development SEOUL: Some of the world’s biggest tech companies pledged to work together to guard against the dangers of... Published 23 May, 2024 05:16am
South Asia Poll panel orders BJP, Congress to show restraint in campaign NEW DELHI: India’s election panel on Wednesday ordered the ruling Bharatiya Janata Party and opposition Congress ... Published 23 May, 2024 05:16am
Europe Russia deals symbolic blow to Ukraine with village capture KYIV: Russia said Wednesday that its forces had retaken Klishchiivka, one of a handful of villages on the eastern... Published 23 May, 2024 05:16am
The Weather KARACHI: The weather report on Wednesday (May 22, 2024) and the forecast for Thursday (May 23, 2024)... Published 23 May, 2024 05:16am
Public-private partnership model: Sindh govt treats 6m children in public hospitals KARACHI: In the last 13 years, the Sindh government, under its public-private partnership model, has successfully... Published 23 May, 2024 05:16am
PKRC terms suspension of food officers insufficient LAHORE: The Pakistan Kissan Rabita Committee (PKRC) has termed the federal cabinet’s decision to suspend four food... Published 23 May, 2024 05:16am
PCMEA condoles over demise of Iranian President LAHORE: On the sad demise of Iran president Ebrahim Raisi in helicopter crash, Pakistan Carpet Manufacturers &... Published 23 May, 2024 05:16am
Ombudsman’s inspection team visits Housing Authority ISLAMABAD: The inspection team of the Federal Ombudsman visited Housing Authority. An inspection team consisting of... Published 23 May, 2024 05:16am
Dualisation of road: NHA recommends revised PC-1 ISLAMABAD: The National Highways Authority (NHA) Executive Board recommended the revised PC-I for dualisation of the... Published 23 May, 2024 05:16am
New dates for postponed matric exams announced KARACHI: The Board of Secondary Education Karachi (BSEK) on Wednesday announced a new schedule for matric exams... Published 23 May, 2024 05:16am
Minister, Turkish CG discuss promotion of bilateral tourism KARACHI: Turkish Consul General in Karachi, Cemal Sangu, here on Wednesday met with Provincial Minister of Tourism,... Published 23 May, 2024 05:16am
Farmers: Mechanism decided for uninterrupted supply of fertilizer ISLAMABAD: Federal Minister for Food Security and Industries and Production Rana Tanveer Hussain has said that a... Published 23 May, 2024 05:16am
LHC seeks reply from ECP LAHORE: The Lahore High Court on Wednesday sought reply from the Election of Pakistan (ECP) in a petition of a PTI... Published 23 May, 2024 05:16am
Javelin praises PM, PSB for extending support LAHORE: Javelin thrower Arshad Nadeem has expressed his gratitude to Prime Minister Shehbaz Sharif, Punjab Sports... Published 23 May, 2024 05:16am
Japanese CG visits SU, presents invaluable books to ASC HYDERABAD: In a gesture of cultural diplomacy and Pakistan-Japan friendship, the Japanese Consul General in Karachi... Published 23 May, 2024 05:16am
IK seeks permission to argue NAB amendments case in person ISLAMABAD: The founder of Pakistan Tehreek-e-Insaf (PTI), Imran Khan, wrote an application to the Supreme Court to... Published 23 May, 2024 05:16am
German team briefed on ISSI’s research work, outreach ISLAMABAD: The Centre for Strategic Perspectives (CSP) at the Institute of Strategic Studies Islamabad (ISSI)... Published 23 May, 2024 05:16am
FIR of attack on PTI spokesman lodged ISLAMABAD: The capital police have registered a first information report (FIR) regarding the attack on Pakistan... Published 23 May, 2024 05:16am
Dr Yousaf made PCCC VP MULTAN: Eminent scientist Dr Yousuf Zafar has been appointed as the Vice President of country’s ace cotton ... Published 23 May, 2024 05:16am
Malaria eradication: DoMC, AKU-MEC and Sindh govt join hands KARACHI: In an initiative to combat one of the world’s deadliest diseases, the Directorate of Malarial Control... Published 23 May, 2024 05:16am
Industry Customs Dept: Businessmen concerned over anti-smuggling functions KARACHI: Atif Ikram Sheikh, President FPCCI, has apprised that the business community had grievances with the... Published 23 May, 2024 05:16am
NCHR launches report on irregular migration from Pakistan ISLAMABAD: The National Commission for Human Rights (NCHR) has called for addressing root causes of migration ... Published 23 May, 2024 05:16am
NBFI & MAP Year Book 2023 launched KARACHI: Commissioner, Specialized Companies Division, SECP, Mujtaba Ahmed Lodhi, launched the NBFI & Modaraba... Published 23 May, 2024 05:16am
Islamabad IT Park project will be completed by next year, PM told ISLAMABAD: The Ministry of Information and Technology has informed a meeting regarding IT parks that the project of... Published 23 May, 2024 05:16am
Establishment of women’s jails: CM gives approval in principle LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has accorded in principle approval for the establishment of... Published 23 May, 2024 05:16am
Punjab govt not to collect fee from sellers of sacrificial animals LAHORE: The Punjab government has decided not to collect any fee from the sellers of sacrificial animals at all sale... Published 23 May, 2024 05:16am
CBD Punjab signs 16 MoUs for NSIT City in one day LAHORE: The Punjab Central Business District Development Authority (PCBDDA) signed 16 Memorandums of Understanding... Published 23 May, 2024 05:16am
JAP urges Punjab Governor to send defamation bill back to PA LAHORE: The Judicial Activism Panel Wednesday wrote a letter to the Governor of Punjab Sardar Saleem Haider Khan to... Published 23 May, 2024 05:16am
Vigilance committees to prevent crop residue burning LAHORE: The Commissioner Lahore office has decided to form vigilance committees to prevent the burning of crop... Published 23 May, 2024 05:16am
Surge in terrorist activities originating from Afghanistan: ISPR RAWALPINDI: Pakistan, of late, has witnessed a surge in terrorist incidents orchestrating from Afghan soil, wherein,... Published 23 May, 2024 05:16am
‘Dangerous stunts’ in ads: CCP issues notices to beverage cos ISLAMABAD: The Competition Commission of Pakistan (CCP) has taken notice of extremely dangerous stunts performed in... Published 23 May, 2024 05:16am
JI to take out pro-Palestine ‘million march’ on June 2 KARACHI: Jamaat-e-Islami (JI) on Wednesday announced a pro-Palestine million march to denounce the Gaza genocide by... Published 23 May, 2024 05:16am
Supremacy of constitution, democracy: JUI, PTI agree to launch joint struggle ISLAMABAD: In a potential shift in the country’s political landscape, the two perennial enemies – Jamiat... Published 23 May, 2024 05:16am
PM paying visit to UAE ISLAMABAD: Prime Minister Shehbaz Sharif will pay a visit to the United Arab Emirates from 22-23 May 2024. This... Published 23 May, 2024 05:16am
PTI leader Hammad reappears after almost a year in hiding ISLAMABAD: Hammad Azhar, a senior Pakistan Tehreek-e-Insaf (PTI) leader, who had gone into hiding in the wake of May... Published 23 May, 2024 05:16am
Pakistan firmly upholds One-China principle: President ISLAMABAD: President Asif Ali Zardari has reiterated that Pakistan firmly adhered to the One-China principle as the... Published 23 May, 2024 05:16am
Attack on party spokesperson: IK hints at launching street protests ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan on Wednesday said, “we running out of... Published 23 May, 2024 05:16am
PM meets Khamenei, offers condolences ISLAMABAD: Iranian Supreme Leader Ayatollah Seyyed Ali Khamenei has emphasised that late President Ebrahim Raisi’s... Published 23 May, 2024 05:16am
Non-filers: Govt decision to block SIMs still in effect: IHC ISLAMABAD: The Islamabad High Court (IHC) stated on Wednesday that the decision of the federal government pertaining... Updated 23 May, 2024 09:18am
US returns 133 stolen artifacts to Pakistan NEW YORK: The United States (US) returned to Pakistan 133 pieces of stolen antiquities worth over $13 million at a... Published 23 May, 2024 05:16am
Three held for gas theft on businesses KARACHI: The team of Sui Southern Gas Company’s Counter Gas Theft Operations (CGTO) is continuously carrying out... Published 23 May, 2024 05:16am
Privatisation of SOEs: a focus on PIA Pakistan’s economy is confronting numerous challenges like fiscal deficits, low savings, limited investment, low... Updated 23 May, 2024 05:55am
Yes-man democracy Why all the fuss about dragging Ayub Khan out of his grave just to get at Omar Ayub Khan? The man has every right to... Updated 23 May, 2024 05:49am
PARTLY FACETIOUS: What actually constitutes defamation? “So explain the Punjab defamation bill to me.” “An aggrieved person can go to the one-man tribunal, appointed by the... Updated 23 May, 2024 05:43am
Letters IMF and Pakistan’s defence budget According to a Business Recorder news item, Pakistan’s defense budget for next fiscal year has been projected by... Published 23 May, 2024 05:16am
Anti-theft campaign — will the latest succeed? Pakistan leads the way in the incidence of illegal abstraction of energy (theft of electricity in the legal lingo).... Updated 23 May, 2024 05:41am
Stocks Wall Street listless in countdown to Nvidia results, Fed minutes NEW YORK: Wall Street’s main indexes struggled for direction on Wednesday as investors kept to the sidelines ahead... Published 23 May, 2024 05:16am
Stocks Carmakers drive European stocks to one-week low PARIS: European stocks closed at a one-week low on Wednesday, hurt by a sell-off in automakers following a report... Published 23 May, 2024 05:16am
Stocks China stocks edge up, led by energy HONG KONG: China stocks edged up, while Hong Kong shares closed slightly lower on Wednesday as some investors booked... Published 23 May, 2024 05:16am
Stocks Nikkei stumbles as Nvidia earnings results loom TOKYO: Japan’s Nikkei share average fell on Wednesday as investors awaited earnings from Nvidia, while domestic... Published 23 May, 2024 05:16am
Rates Activities at Karachi Port Trust and Port Qasim KARACHI: The Karachi Port Trust handled 58,579 tonnes of cargo comprising 31,722 Tons of import cargo and 26,857... Published 23 May, 2024 05:16am
Rates LME official prices LONDON: The following were Tuesday official prices. ========================================= ALUMINIUM... Published 23 May, 2024 05:16am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (May 22, 2024).... Published 23 May, 2024 05:16am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (May 22, 2024). ==================================== BR... Published 23 May, 2024 05:16am
Rates Index falls on selling spree KARACHI: Pakistan Stock Exchange on Wednesday witnessed a mixed trend and after moving in both directions, closed on... Published 23 May, 2024 05:16am
Cotton & Textile Faisalabad Yarn and Fiber Prices FAISALABAD: Yarn Market Rates on Wednesday (May 22, 2024) =========================== 6/S-7/S (COTTON)... Published 23 May, 2024 05:16am
Energy Power cuts, overbilling: Sindh govt to take up issues with KE, Hesco and Sepco, PA told KARACHI: The Sindh government is going to take up the issues of unchecked prolonged power cuts and overbilling with... Published 23 May, 2024 05:16am
Energy US natgas prices ease NEW YORK: US natural gas futures eased about 1% on Wednesday on signs producers started increasing output, forecasts... Published 23 May, 2024 05:16am
Energy Oil slips for third day on prospect of US rates staying high NEW YORK: Oil prices fell nearly 1% on Wednesday, retreating for a third straight day on expectations that US... Published 23 May, 2024 05:16am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (May 22, 2024)... Published 23 May, 2024 05:16am
Cotton & Textile Spot rate remains unchanged on cotton market LAHORE: The local cotton market remained bearish on Wednesday and the trading volume remained low. Cotton Analyst... Published 23 May, 2024 05:16am
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 23 May, 2024 05:16am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 23 May, 2024 05:16am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Wednesday (May 22, 2024). ======================== Open Bid Rs... Published 23 May, 2024 05:16am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (May 22, 2024).... Published 23 May, 2024 05:16am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (May 22, 2024)... Published 23 May, 2024 05:16am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Wednesday (May 22, 2024). ======================================= Offset... Published 23 May, 2024 05:16am
Bidding process for PIA to be aired live: Aleem Says everyone has contributed to PIA's destruction, no option left but to privatise it Updated 23 May, 2024 11:01am
Mid-year review: 77pc borrowing for financing fiscal deficit thru domestic sources: MoF ISLAMABAD: The government has borrowed around 77 percent for financing of federal fiscal deficit through domestic... Updated 23 May, 2024 09:22am
Govt raises Rs97bn via auction for PIBs KARACHI: The federal government on Wednesday raised some Rs 97 billion through sale of long-term investment papers.... Updated 23 May, 2024 09:19am
FBR to issue uniform tax recovery rules in budget ISLAMABAD: The Federal Board of Revenue (FBR) will issue uniform sales tax, income tax and federal excise recovery... Updated 23 May, 2024 09:16am
Govt, World Bank working on new CPF programme ISLAMABAD: World Bank (WB) and Government of Pakistan (GoP) are reportedly working on a new Country Partnership... Updated 23 May, 2024 08:46am
Number of Pakistani students leaving Kygyzstan to exceed 4,000: Commission set up to investigate violence ISLAMABAD: Foreign Minister Ishaq Dar on Wednesday announced setting up of an inquiry committee to probe into the... Published 23 May, 2024 05:16am
Nandipur and Guddu Power plants: PC has reservations against PD for not sharing info with FAs ISLAMABAD: The Privatisation Commission has reportedly expressed reservations against the Power Division for not... Updated 23 May, 2024 09:17am
No super tax payable on income falling under FTR: Karachi ATIR ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR), Karachi, has declared that no super tax is payable on... Updated 23 May, 2024 08:45am
Budget proposals: OICCI for standardising GST rates and policies KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) in its taxation proposals for the upcoming... Updated 23 May, 2024 09:19am
Cipher case: FIA submits plea to present Lu’s statement ISLAMABAD: The Federal Investigation Agency (FIA) prosecutor, Wednesday, submitted an application before the... Updated 23 May, 2024 08:45am
Terror attack near Besham: Govt to pay $2.5m compensation to Chinese nationals’ heirs ISLAMABAD: Pakistan is to pay compensation of about $2.5 million to the heirs of five Chinese nationals who lost... Updated 23 May, 2024 09:17am
Defamation law EDITORIAL: Of course the Punjab government knew just which conventions and rules it was trampling upon as it... Updated 23 May, 2024 05:47am
GDP growth for the current year EDITORIAL: Pakistan Bureau of Statistics (PBS) estimated Gross Domestic Product growth rate for the current year at... Updated 23 May, 2024 05:46am
Commodities Gold down slightly KARACHI: Gold prices on Wednesday saw a slight fall but silver stood firm on the local market, traders said. Gold... Published 23 May, 2024 05:16am
Japanese envoy briefed about privatisation process ISLAMABAD: Wada Mitsuhiro, Ambassador of Japan to Pakistan called on the Federal Minister for Privatisation,... Published 23 May, 2024 05:16am
Commodities Chicago wheat futures hit 10-month high CANBERRA: Chicago wheat futures rose on Wednesday to their highest levels since last July as adverse weather led to... Published 23 May, 2024 05:16am
Commodities Japanese rubber futures recoup losses BEIJING: Japanese rubber futures recouped some losses from the previous session on Wednesday in range trading, with... Published 23 May, 2024 05:16am
Commodities Iron ore rises on bullish demand outlook BEIJING: Iron ore futures extended its rally to a more than three-month peak on Wednesday, fuelled by a bullish... Published 23 May, 2024 05:16am
Commodities Gold slips on profit-taking BENGALURU: Gold prices fell over 1% on Wednesday as the gold rally cooled with investors booking profits, while ... Published 23 May, 2024 05:16am
Commodities PMEX daily trading report KARACHI: On Tuesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR13.542... Published 23 May, 2024 05:16am