74pc of population can’t afford healthy diet owing to increased cost ISLAMABAD: Speakers at a seminar while calling for revisiting the National Food Security Policy of the country have... Published 31 May, 2024 06:58am
Tribute to late Iranian president at UN stirs anger UNITED NATIONS: The UN General Assembly drew criticism Thursday for its tribute to the late Iranian president ... Published 31 May, 2024 06:58am
Experts advocate use of AI solutions to enhance productivity KARACHI: Experts urged industry and academia to adopt the modern and latest tools and solutions of artificial... Published 31 May, 2024 06:58am
IT field: Lenovo urged to play role in training of youth ISLAMABAD: A delegation of Lenovo called on Minister of State for IT and Telecommunication Shaza Fatima Khawaja on... Published 31 May, 2024 06:58am
UVAS signs MoU with Nestle LAHORE: The University of Veterinary and Animal Sciences (UVAS) Lahore signed a Memorandum of Understanding with... Published 31 May, 2024 06:58am
Allocation of barracks for beggars in jails ordered FAISALABAD: Punjab Home Secretary Noor Ul Amin Mengal directed to allocate barracks for beggars in jails across... Published 31 May, 2024 06:58am
Sindh govt decides to initiate ‘Hub Canal’, other projects KARACHI: Sindh Chief Minister Syed Murad Ali Shah presiding over a cabinet meeting on Thursday approved several... Published 31 May, 2024 06:58am
KE, Sindh govt body discusses power supply issues facing Lyari KARACHI: KE Chief Distribution Officer Sadia Dada, along with Regional Head (Distribution) Sheikh Humayun Saghir, ... Published 31 May, 2024 06:58am
Crackdown on gas thieves continues KARACHI: SSGC made major inroads against the gas theft miscreants involved in commercial activities through domestic... Published 31 May, 2024 06:58am
SSGC announces 24-hour gas holiday KARACHI: Sui Southern Gas Company has announced 24-hour Gas Holiday for all industries including their power... Published 31 May, 2024 06:58am
Heatwave likely to unleash drought in June: Met Office KARACHI: The relentless heatwave is anticipated to unleash flash drought in the country’s southern region in June... Published 31 May, 2024 06:58am
Pakistan’s ‘$474bn’ renewable natural capital faces risk of depletion: World Bank ISLAMABAD: Pakistan’s renewable natural capital, valued at $474 billion - 13.6 percent of the nation’s total... Published 31 May, 2024 06:58am
World Bank says 1.8m additional Ukrainians in poverty as Russia’s war drags on WASHINGTON: The number of Ukrainians living in poverty has grown by 1.8 million since 2020, bringing the total to... Published 31 May, 2024 06:58am
Europe Swedish security service says Iran uses criminal networks in Sweden STOCKHOLM: Swedish security service SAPO said on Thursday that the Iranian government had been using criminal... Published 31 May, 2024 06:58am
Xi calls for Middle East peace conference BEIJING: Chinese President Xi Jinping called on Thursday for a peace conference to end the war between Israel and... Published 31 May, 2024 06:58am
The Weather KARACHI: The weather report on Thursday (May 30, 2024) and the forecast for Friday (May 31, 2024)... Published 31 May, 2024 06:58am
Taxes Delay in payment of refunds major area of concern for FTO’s office: Jah ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has said the taxpayers are fully confident to obtain ... Published 31 May, 2024 06:58am
50 injured in Hyderabad LPG shop blast KARACHI: At least 50 people, mostly children, received burn injuries in a major blast at a liquid petroleum gas... Published 31 May, 2024 06:58am
Heatwave relief camp inaugurated at SSUET KARACHI: Heat Wave Relief Camp was inaugurated by the Registrar of Sir Syed University of Engineering &... Published 31 May, 2024 06:58am
Two brothers killed KARACHI: A shooting incident in the Jamshed Quarter area resulted in the deaths of two brothers and left two others... Published 31 May, 2024 06:58am
UN team visits LWMC LAHORE: The United Nations Living Indus Project Team visited the Lahore Waste Management Company (LWMC) on Thursday... Published 31 May, 2024 06:58am
Judgment on NAO 1999: SC dismisses KP’s plea for live-stream proceeding of ICA ISLAMABAD: The Supreme Court by a majority of 4-1 dismissed Khyber-Pakhtunkhwa’s petition to live-stream the... Published 31 May, 2024 06:58am
Punjab ESD to launch new projects for 2024-25 LAHORE: The Punjab Emergency Services Department is going to launch new projects in the fiscal year 2024–25... Published 31 May, 2024 06:58am
Punjab EOC issues heatwave advisory to polio workers LAHORE: Amid intense heatwave persisting all over the province, Punjab Emergency Operations Centre (EOC) has issued... Published 31 May, 2024 06:58am
PTI slams registration of cases against legal team ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Thursday rejected the registration of false, concocted and baseless... Published 31 May, 2024 06:58am
Attack on Khawar Maneka: PTI lawyers booked under terrorism charges ISLAMABAD: The city police on Thursday registered a case against Pakistan Tehreek-e-Insaf (PTI) lawyers under... Published 31 May, 2024 06:58am
Public rallies: PTI Chairman moves LHC LAHORE: PTI Chairman Gohar Khan has approached the Lahore High Court seeking permission to hold public rallies. The... Published 31 May, 2024 06:58am
Mashhood launches AI platform at HEC ISLAMABAD: Rana Mashhood Ahmed Khan, chairman Prime Minister’s Youth Programme (PMYP) launched on Thursday the... Published 31 May, 2024 06:58am
Punjab cabinet’s decision: LHC sustains objection on IK’s plea LAHORE: The Lahore High Court on Thursday sustained an office objection on a petition of former PTI chairman Imran... Published 31 May, 2024 06:58am
PTI’s plea: LHC overrules office objection LAHORE: The Lahore High Court on Thursday overruled an office objection on a petition of the PTI against the power ... Published 31 May, 2024 06:58am
KE’s bogus claims: JI urges Nepra to hold investigations KARACHI: Jamaat-e-Islami (JI) on Thursday called for the Nepra's investigations into the K-Electric's "bogus claims"... Published 31 May, 2024 06:58am
JI appreciates Spain, Norway & Ireland LAHORE: Jammat-e-Islami Chief Hafiz Naeem-ur-Rehman has written letters to the Prime Ministers of Spain, Norway and... Published 31 May, 2024 06:58am
IK acquitted in two cases related to May 9th violence ISLAMABAD: A local court on Thursday acquitted Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan in two cases... Published 31 May, 2024 06:58am
Capital’s two constituencies: IHC ET imposes fine on ROs ISLAMABAD: An Election Tribunal of the Islamabad High Court (IHC), Thursday, imposed a fine on the returning ... Published 31 May, 2024 06:58am
Govt to introduce uniform cleanliness system across Punjab LAHORE: The Punjab government intends to introduce a uniform cleanliness system throughout the province and a pilot... Published 31 May, 2024 06:58am
‘There are 700,000 street children in Punjab’ LAHORE: Child trafficking, forced child labour, and early child marriage remain tragic aspects of our society and... Published 31 May, 2024 06:58am
‘CCP imposes Rs74bn of penalties on cartels but cases still pending in courts’ ISLAMABAD: Chairman Competition Commission of Pakistan (CCP), Dr Kabir Ahmed Sidhu, Thursday said that CCP had... Published 31 May, 2024 06:58am
Raid at franchise of mobile phone co: Gang held for illegal SIM activations ISLAMABAD: Pakistan Telecommunication Authority (PTA) in close collaboration with Federal Investigation Agency (FIA)... Published 31 May, 2024 06:58am
CPJ alarmed by killing of 4 journalists in Pakistan NEW YORK: The Committee to Protect Journalists is deeply alarmed by the continued killings of journalists in... Published 31 May, 2024 06:58am
Dasu dam project attack: Islamabad formally asks Kabul to hand over perpetrators ISLAMABAD: Pakistan has formally asked Afghanistan to hand over the perpetrators of the 26 March 2024 suicide attack... Published 31 May, 2024 06:58am
GCC member states: ‘Visa on arrival’ will also begin soon: Aleem ISLAMABAD: In the 5th Joint Ministerial Commission between Kuwait and Pakistan, important achievements have been ... Published 31 May, 2024 06:58am
Sheikh Mujeeb’s propaganda video: FIA decides to examine IK’s ‘X’ account ISLAMABAD: The Federal Instigation Agency (FIA)’s Cyber Crime Wing (CCW) has decided to hold an inquiry regarding... Published 31 May, 2024 06:58am
‘Black day’ observed against education policy LAHORE: On the call of the Federation of All Pakistan Universities Academic Staff Associations (FAPUASA Pakistan),... Published 31 May, 2024 06:58am
Rates PSX ekes out gains KARACHI: Pakistan Stock Exchange on Thursday witnessed a mixed trend and after moving both ways, closed on slightly... Published 31 May, 2024 06:58am
PAKSAT-MM1 launched successfully ISLAMABAD: Pakistan, Thursday, launched its second satellite this month - this time Multi Mission Communication... Published 31 May, 2024 06:58am
Stocks China, HK stocks drop HONG KONG: China stocks edged down and Hong Kong stocks declined on Thursday, as investors booked profit from... Published 31 May, 2024 06:58am
Stocks Most Gulf bourses rise; Saudi hits 5-month low DUBAI: Most stock markets in the Gulf reversed early losses to end higher on Thursday, ahead of key US inflation ... Published 31 May, 2024 06:58am
Stocks Wall St slips as Salesforce drags on tech NEW YORK: US stock indexes fell on Thursday, with a plummeting Salesforce weighing on the Dow, while data showing ... Published 31 May, 2024 06:58am
Stocks Japan’s Nikkei ends at one-month low TOKYO: Japan’s Nikkei share average ended lower for a third consecutive session on Thursday, tracking the headwind... Published 31 May, 2024 06:58am
Stocks Indian shares fall on weak global cues BENGALURU: Indian shares fell for a fifth straight session on Thursday, pressured by weakness in global peers, while... Published 31 May, 2024 06:58am
Grains Chicago Wheat futures slip further CANBERRA: Chicago wheat futures on Thursday fell further from 10-month highs, as traders assessed whether forecast... Published 31 May, 2024 06:58am
Rates Activities at Karachi Port Trust and Port Qasim KARACHI: The Karachi Port Trust handled 177,732 tonnes of cargo comprising 110,096 tonnes of import cargo and 67,636... Published 31 May, 2024 06:58am
Energy US natgas prices slide on bigger-than-expected storage build NEW YORK: US natural gas futures slid about 2% on Thursday on signs some drillers were starting to pull more gas out... Published 31 May, 2024 06:58am
Energy Ogra yet to revise per kg price of LPG ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has yet to revise per kg price of liquefied petroleum gas... Published 31 May, 2024 06:58am
Budget & tax policy ‘The impact of economic growth on the lives of people is partly a matter of income distribution, but it also depends... Updated 31 May, 2024 07:29am
A social democratic, green, mission-oriented budget In contrast to the usual approach to a budget discourse based on ideas around raising taxes, and expenditure... Updated 31 May, 2024 07:33am
Letters ‘Railways in a mess’ This is apropos a Business Recorder editorial “Railways in a mess” carried by the newspaper yesterday. The... Published 31 May, 2024 06:58am
PARTLY FACETIOUS: Maneka’s claim “I hear Greedy for Portfolios Samdhi (GPS) has his heart set on it.” “He ain’t getting the Finance Ministry... Published 31 May, 2024 06:58am
Why is productivity low in Pakistan? According to Paul Krugman, productivity is not everything but in the long run, it is almost everything. The average... Updated 31 May, 2024 07:35am
Rates LME official prices LONDON: The following were Wednesday official prices. ========================================= ALUMINIUM... Published 31 May, 2024 06:58am
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 31 May, 2024 06:58am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Thursday (May 30, 2024). ========================== KIBOR... Published 31 May, 2024 06:58am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 31 May, 2024 06:58am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Thursday (May 30, 2024). ======================== Open Bid Rs... Published 31 May, 2024 06:58am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (May 30, 2024).... Published 31 May, 2024 06:58am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 30, 2024).... Published 31 May, 2024 06:58am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (May 30, 2024)... Published 31 May, 2024 06:58am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Thursday (May 30, 2024). ======================================= Offset... Published 31 May, 2024 06:58am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (May 30, 2024). ==================================== BR... Published 31 May, 2024 06:58am
Final test-run report on CTBCM: Stakeholders seek adjustments in their power tariffs ISLAMABAD: The stakeholders have sought adjustments in their electricity tariffs to accurately reflect costs and... Updated 31 May, 2024 09:18am
PSDP 2024-25: Ministry sends Rs215.998bn provisional IBC for PD ISLAMABAD: The Ministry of Planning, Development and Special Initiatives has conveyed the provisional Indicative... Updated 31 May, 2024 09:00am
Election was ‘biggest robbery’, says Imran ISLAMABAD: Jailed former prime minister Imran Khan said on Thursday February’s national election was stolen from his... Updated 31 May, 2024 09:19am
‘Digital terrorism’ will be comprehensively defeated: army RAWALPINDI: General Syed Asim Munir, NI (M), Chief of Army Staff (COAS), presided over the 83rd Formation Commanders... Updated 31 May, 2024 08:36am
Warehouses, logistics: industry status announced ISLAMABAD: Representatives of chambers of commerce and industry and various industrial and business associations... Updated 31 May, 2024 08:38am
SECP urges FBR to reduce WHT on dividend, NBFCs & Modarabas ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has asked Federal Board of Revenue (FBR) to... Updated 31 May, 2024 08:36am
SECP proposes FBR to align rates of capital gain tax on sale of immovable property ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed Federal Board of Revenue (FBR) to... Updated 31 May, 2024 08:58am
Aurangzeb vows support to steel industry ISLAMABAD: Finance Minister Muhammad Aurangzeb has said that the government is committed to supporting the local... Updated 31 May, 2024 09:17am
Consumers using up to 100 units in Sindh likely to get free electricity KARACHI: Provincial minister Nasir Hussain Shah on Thursday said that a plan has been prepared to provide free... Updated 31 May, 2024 08:37am
US election: Ackman mulling supporting Trump NEW YORK: Billionaire hedge fund manager Bill Ackman is considering endorsing Donald Trump as the former US ... Updated 31 May, 2024 08:22am
Cotton & Textile Faisalabad Yarn and Fiber Prices FAISALABAD: Yarn Market Rates on Thursday (May 30, 2024) =========================== 6/S-7/S (COTTON)... Published 31 May, 2024 06:58am
Commodities Iron ore slips after China reiterates steel output control SINGAPORE/BEIJING: Iron ore futures prices slipped on Thursday, undermined by fears of falling demand in top ... Published 31 May, 2024 06:58am
Commodities Asia coffee: Trade tepid in Vietnam, Indonesian premiums fall HANOI/BANDAR LAMPUNG, (Indonesia): Trade activities were tepid in Vietnam this week on low supplies and high prices,... Published 31 May, 2024 06:58am
Energy Oil falls as US reports surprise fuel build, weak demand NEW YORK: Oil prices fell again on Thursday, after the US government reported weak fuel demand in the country and a... Published 31 May, 2024 06:58am
Commodities Asia rice: Thai, Vietnam rates ease on soft demand BENGALURU/MUMBAI/BANGKOK/HANOI AND BANGLADESH: Prices of rice exported from Thailand and Vietnam edged lower this... Published 31 May, 2024 06:58am
Commodities Malaysian palm oil falls on profit-taking KUALA LUMPUR: Malaysian palm oil futures closed lower on Thursday on profit-taking and weakness in rival Chicago... Published 31 May, 2024 06:58am
Commodities Copper stumbles as funds liquidate amid rate worries LONDON: Copper prices slid on Thursday as funds sold off bullish positions, triggered by concerns that high interest... Published 31 May, 2024 06:58am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday, (May 30, 2024)... Published 31 May, 2024 06:58am
Cotton & Textile Trading activity improves slightly on cotton market LAHORE: The trading volume in the local cotton market on Thursday improved a little bit. Cotton Analyst Naseem ... Published 31 May, 2024 06:58am
Commodities Gold rebounds as dollar, bond yields retreat after US data BENGALURU: Gold prices eked out gains on Thursday as the dollar and Treasury yields slipped after US economic data... Published 31 May, 2024 06:58am
Commodities PMEX daily trading report KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR24.513... Published 31 May, 2024 06:58am
Commodities UAF will cultivate soyabean on 100,000 acres of land LAHORE: The University of Agriculture, Faisalabad (UAF) will cultivate soyabean on 100,000 acres of land to promote... Published 31 May, 2024 06:58am
Commodities Gold prices see sizeable fall KARACHI: Gold prices on Thursday saw a sizeable fall on the local market but silver stood its ground, traders said.... Published 31 May, 2024 06:58am
Commodities Govt to import 200,000 tons of urea fertiliser ISLAMABAD: To ensure an uninterrupted supply of fertilisers to the farmers, the government of Pakistan will import... Published 31 May, 2024 06:58am
‘Revenue-based load-shedding’: Nepra chief urges govt to alter law The CPPA-G seeks positive adjustment of Rs 3.49 per unit to recover additional amount of Rs 29.21 billion Updated 31 May, 2024 02:10pm
Revenue-based power load-shedding to continue: govt ISLAMABAD: Minister for Power, Sardar Awais Leghari on Thursday acknowledged that the government is applying revenue... Updated 31 May, 2024 08:57am
CDWP recommends two projects to Ecnec ISLAMABAD: The Central Development Working Party (CDWP) here on Thursday recommended two projects worth Rs609.45... Published 31 May, 2024 06:58am
Pakistan, Azerbaijan resolve to strengthen strategic ties ISLAMABAD: Pakistan and Azerbaijan on Thursday agreed to enhance their multifaceted cooperation in the areas of... Published 31 May, 2024 06:58am
China vows support to manufacturing sector ISLAMABAD: China is dedicated to assisting Pakistan in enhancing its manufacturing sector and export capabilities,... Published 31 May, 2024 06:58am
Industry FDA-only products: Punjab’s centralised tender conditioning ignites controversy ISLAMABAD: The government of Punjab has conditioned the cardiac disposables and consumables products only... Published 31 May, 2024 06:58am
Industry PHDEC’s mango bagging initiative boosts mango industry LAHORE: The Pakistan Horticulture Development & Export Company (PHDEC) distributed about 70,000 bags in Sindh ... Published 31 May, 2024 06:58am