Court to hear pleas of IK, Bushra today ISLAMABAD: A local court on Thursday adjourned the hearing of Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan and... Published 14 Jun, 2024 07:46am
DCs told to ensure best cleanliness on Eid LAHORE: Chief Secretary Punjab Zahid Akhtar Zaman has directed all the Deputy Commissioners to ensure the best... Published 14 Jun, 2024 07:44am
Energy Eid-ul-Azha holidays: FESCO sets up emergency centres FAISALABAD: On the special directives of the Ministry of Energy (Power Division), Chief Executive Officer (CEO)... Published 14 Jun, 2024 07:42am
Formation of 40 standing bodies approved ISLAMABAD: Following the presentation of the budget for the fiscal year 2024-25, a circular for the formation of 40... Published 14 Jun, 2024 07:41am
‘Federal budget will bring no change in common man life’ KARACHI: Pasban Democratic Party (PDP) Chairman Altaf Shakoor while commenting on the federal budget said honestly... Published 14 Jun, 2024 07:36am
IK, others acquitted in vandalism case ISLAMABAD: A local court on Thursday acquitted Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan and ... Published 14 Jun, 2024 07:32am
Introduction of digital advertising discussed ISLAMABAD: Capital Development Authority (CDA) Chairman Muhammad Ali Randhawa chaired a meeting on Thursday to... Published 14 Jun, 2024 07:30am
Launch of Phase II of the Maritime Security Project – funded by the U.S. Government KARACHI: The Government of Pakistan and the United Nations Office on Drugs and Crime (UNODC) launched ‘Improved... Published 14 Jun, 2024 07:29am
Probe into threats, harassment to judge launched LAHORE: Inspector General of Police (IGP) Punjab on Thursday told the Lahore High Court that an investigation had... Published 14 Jun, 2024 07:24am
Interference of spy agencies: PTI asks CJP to convene judicial convention ISLAMABAD: In order to protect the independence of the judiciary, Pakistan Tehreek-e-Insaf (PTI) on Thursday ... Published 14 Jun, 2024 07:20am
HRCP issues 2023 report: Sindh’s law and order crisis, other violations pervasive KARACHI: The Human Rights Commission of Pakistan’s (HRCP) annual report on the state of human rights in 2023... Published 14 Jun, 2024 07:19am
LHC asked police to alleged abduction report of PTI activist LAHORE: The Lahore High Court on Thursday asked the home department and police to submit their reports about the... Published 14 Jun, 2024 07:16am
SU, CUVAS ink MoU to enhance research in various fields HYDERABAD: The University of Sindh (SU) Jamshoro and the Cholistan University of Veterinary and Animal Sciences... Published 14 Jun, 2024 07:14am
SSGC removes 2,500 illegal gas connections, three held KARACHI: SSGC’s relentless pursuit of gas theft miscreants has continued in the Company’s franchise provinces of... Published 14 Jun, 2024 07:14am
BYC struggling against violation of rights: Dr Mahrang KARACHI: The Baloch Yakjehti Committee chief and a prominent human rights leader Dr Mahrang Baloch Thursday vowed to... Published 14 Jun, 2024 06:31am
Pakistan lacks vision to achieve targets of Digital Pakistan initiative: GSMA ISLAMABAD: The GSMA has said that Pakistan lacks vision and direction towards digitalisation to achieve the targets... Published 14 Jun, 2024 06:31am
Europe Chaos on French right as Macron snap poll reshapes politics PARIS: French right-wing parties were mired by infighting Thursday as campaigning intensified for snap elections... Published 14 Jun, 2024 06:31am
Afghanistan to send three women and three men to compete at Olympics LAUSANNE: Afghanistan will send a team of three women and three men to the Paris Olympics as demanded by the... Published 14 Jun, 2024 06:31am
At least 22 killed in artisanal mine collapse in Mali BAMAKO: At least 22 artisanal gold miners died in southern Mali on Saturday after the shaft they were working in... Published 14 Jun, 2024 06:31am
Iran expands nuclear capacities further: IAEA VIENNA: Iran is further expanding its nuclear capacities, the UN atomic watchdog said Thursday, one week after the... Published 14 Jun, 2024 06:31am
Europe UK’s Labour pitches for power with ‘wealth creation’ pledge MANCHESTER: Britain’s Labour party launched a “manifesto for wealth creation” Thursday, pledging to get the... Published 14 Jun, 2024 06:31am
European police say ‘major’ cocaine smuggling ring busted MADRID: European police forces have arrested around 40 people in a years-long operation to bust a major drug... Published 14 Jun, 2024 06:31am
Battles rage in Rafah after US says Gaza truce still possible GAZA STRIP: Israeli helicopters struck Gaza’s Rafah Thursday, residents said, with Hamas militants reporting ... Published 14 Jun, 2024 06:31am
Russia sends US reporter Gershkovich’s case to trial MOSCOW: Russian prosecutors sent US journalist Evan Gershkovich’s case to court on Thursday, paving the way for ... Published 14 Jun, 2024 06:31am
G7 agrees on loan deal to support Ukraine with Russian assets BORGO EGNAZIA (Italy): Leaders of the Group of Seven (G7) major democracies agreed an outline deal on Thursday to... Published 14 Jun, 2024 06:31am
Private Schools & Colleges Association rejects budget ISLAMABAD: All Pakistan Private Schools & Colleges Association while expressing serious concerns over neglecting... Published 14 Jun, 2024 06:31am
FAPUASA rejects federal budget LAHORE: The Federation of All Pakistan Universities Academic Staff Association (FAPUASA) unequivocally rejects the... Published 14 Jun, 2024 06:31am
Dargai Rehabilitation Project: Wapda awards Rs10.6bn contract for civil, electro-mechanical works LAHORE: Wapda has awarded the contract for civil and electro-mechanical works for rehabilitation of Dargai Hydel... Published 14 Jun, 2024 06:31am
Eid holidays: Health dept orders uninterrupted medical cover LAHORE: The Punjab Health Department has issued directions to management of different public sector hospitals across... Published 14 Jun, 2024 06:31am
The Weather KARACHI: The weather report on Thursday (June 13, 2024) and the forecast for Friday (June 14, 2024)... Published 14 Jun, 2024 06:31am
Rates Bulls return to PSX in big way on FY25 Budget KARACHI: Pakistan Stock Exchange warmly welcomed the federal budget for FY2024-25 and made new history as the... Published 14 Jun, 2024 06:31am
Rs842bn allocated for ADP LAHORE: The Punjab government has allocated an amount of Rs842 billion for the Annual Development Programme... Published 14 Jun, 2024 06:31am
Opposition denounces Punjab budget KARACHI: In a turbulent session, the Punjab Assembly witnessed a dramatic rejection of the proposed budget for the... Published 14 Jun, 2024 06:31am
Rs5.44trn Punjab budget presented LAHORE: The Punjab government presented budget for financial year 2024-25 with a total outlay of Rs 5,446 billion in... Published 14 Jun, 2024 06:31am
Pakistan will not attend ‘Ukraine peace summit’: FO ISLAMABAD: Foreign Office said on Thursday that Pakistan will not attend the “Ukraine peace summit” due to “a... Published 14 Jun, 2024 06:31am
Money & Banking Bank holidays KARACHI: The State Bank of Pakistan (SBP) will remain closed from 17th to 19th June 2024 (Monday to Wednesday) being... Published 14 Jun, 2024 06:31am
Companies Pak-Afghan region of Eurasia & ME operation unit: VolkanÖngüç takes charge as new VP of Coca-Cola Co ISLAMABAD: VolkanÖngüç has taken charge as the new Vice President for Pakistan and Afghanistan Region of Eurasia... Published 14 Jun, 2024 06:31am
Stocks Dow, S&P 500 pull back as markets digest data NEW YORK: The S&P 500 and the Dow indexes slipped on Thursday as investors weighed hawkish Federal Reserve... Published 14 Jun, 2024 06:31am
Stocks Automakers lead European shares lower FRANKFURT: European shares slipped on Thursday, with automakers falling on continued jitters over the European... Published 14 Jun, 2024 06:31am
Stocks China stocks fall amid growing trade frictions SHANGHAI: China stocks fell on Thursday as Europe’s additional tariffs on Chinese electric cars deepened economic... Published 14 Jun, 2024 06:31am
Stocks IT leads Indian shares to record closing highs BENGALURU: Indian shares logged record closing highs on Thursday, amid a global rally after softer-than-expected US... Published 14 Jun, 2024 06:31am
Stocks Nikkei ends lower ahead of BOJ policy decision TOKYO: Japan’s Nikkei share average fell on Thursday, reversing early gains amid caution around the Bank of... Published 14 Jun, 2024 06:31am
A stagflationary federal budget Stagflation is a situation when economic growth is stagnating, and inflation is also increasing. Growth requires... Updated 14 Jun, 2024 07:57am
Budget: an analysis Flanked by the Deputy Prime Minister, Muhammad Ishaq Dar, once hailed as the PM-N’s (Pakistan Muslim... Updated 14 Jun, 2024 07:56am
PSDP-2024-25: Standing committee says concerned at inclusion of ‘non-development’ projects ISLAMABAD: The members of the Standing Committee on Planning, Development, and Special Initiatives raised concerns... Published 14 Jun, 2024 06:31am
Numerous flaws identified in hybrid biometric terminal ISLAMABAD: A global cybersecurity company has identified numerous flaws in the hybrid biometric terminal produced by... Published 14 Jun, 2024 06:31am
Letters ‘Dr Alvi’s 7 points’ This is apropos two letters to the Editor by this writer titled “Dr Alvi’s 7 points” carried by the newspaper... Published 14 Jun, 2024 06:31am
Leadership crisis in the Muslim world It is a massacre. It is a genocide. It is butchery. It is children. It is the new born. It is the unborn. Never has... Updated 14 Jun, 2024 08:01am
IK’s and Qureshi’s acquittal: Govt challenges IHC’s verdict in cypher case ISLAMABAD: Federal Investigation Agency (FIA) contended that Islamabad High Court (IHC)’s order to release ... Published 14 Jun, 2024 06:31am
Aggrieved insurance policyholders: President directs FIO to provide speedy, cost-free justice ISLAMABAD: President Asif Ali Zardari has directed the Federal Insurance Ombudsman (FIO) to provide speedy and... Published 14 Jun, 2024 06:31am
PARTLY FACETIOUS: ‘We taxpayers give residences to cabinet members and...’ “What’s with politicians!” “Mark Twain wrote, reader, suppose you were an idiot. And suppose you were a... Published 14 Jun, 2024 06:31am
Rates Activities at Karachi Port Trust KARACHI: The Karachi Port Trust handled 160,988 tonnes of cargo comprising 133,806 tonnes of import cargo and 27,182... Published 14 Jun, 2024 06:31am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Thursday (June 13, 2024). ========================== KIBOR... Published 14 Jun, 2024 06:31am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (June 13, 2024). ==================================== BR... Published 14 Jun, 2024 06:31am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (June 13, 2024).... Published 14 Jun, 2024 06:31am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (June 13, 2024)... Published 14 Jun, 2024 06:31am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Thursday (June 13, 2024). ======================================= Offset... Published 14 Jun, 2024 06:31am
Rates LME official prices LONDON: The following were Wednesday official prices. ========================================= ALUMINIUM... Published 14 Jun, 2024 06:31am
Senate panel informed: Upto Rs6trn tax leakage taking place annually Finance Minister Muhammad Aurangzeb says massive tax leakage can be effectively checked through enforcement of tax laws Updated 14 Jun, 2024 09:26am
Rs9bn approved for clearing OMCs’ PDCs: ECC allows export of 0.15 MMTs of surplus sugar ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed export of 0.15 million MTs of... Updated 14 Jun, 2024 08:20am
Aurangzeb vows to raise tax-to-GDP ratio to 13pc ISLAMABAD: Finance Minister Muhammad Aurangzeb, Thursday, defended taxation measures taken in the budget for the... Updated 14 Jun, 2024 09:14am
Punjab’s debt stock may stand at Rs1.685trn at June-end LAHORE: At the end of June 2024, debt stock of the Punjab government may stand at Rs. 1,685 billion, out of which... Updated 14 Jun, 2024 09:00am
Engine capacity to invoice base value: Punjab govt shifts token tax regime LAHORE: In line with the federal government, the Punjab government has also shifted token tax regime from engine... Updated 14 Jun, 2024 09:21am
Punjab to get Rs3.683trn from Federal Divisible Pool LAHORE: The Punjab government has estimated to receive an amount of Rs 3683,103.227 million from Federal Divisible... Updated 14 Jun, 2024 09:14am
Wind projects’ tariff issues stay unresolved: Islamabad should not expect any investment from DFC: US team ISLAMABAD: United States Treasury Department delegation led by Assistant Secretary Brent Neiman on Thursday... Updated 14 Jun, 2024 09:00am
Study of transmission line SCS: NPCC may send engineers as Chinese team not coming ISLAMABAD: The National Power Control System (NPCC) is likely to despatch its two engineers to China to study... Updated 14 Jun, 2024 09:13am
Incentives to deserving classes: Ogra, ministry asked to elucidate mechanism ISLAMABAD: The Senate Standing Committee on Finance has directed the Oil and Gas Regulatory Authority (Ogra) to find... Updated 14 Jun, 2024 09:21am
Country’s first and one of world’s largest: 550MW floating solar energy project launched KARACHI: Pakistan’s first and one of the world’s largest 550MW floating solar energy project has been launched in... Updated 14 Jun, 2024 09:00am
Energy Petrol price likely to come down ISLAMABAD: The ex-depot petrol prices may come down by Rs9.23 per litre and high-speed diesel (HSD) by Rs4.02 per... Published 14 Jun, 2024 06:31am
Striking the right balance EDITORIAL: In yet another bid to put the digital space under a tighter leash, a national firewall is reportedly ... Published 14 Jun, 2024 06:31am
India-Pakistan ties – need for engagement EDITORIAL: If one was hoping for a potential thaw in relations between India and Pakistan following the BJP’s... Updated 14 Jun, 2024 07:54am
Commodities Coffee prices down in Vietnam HANOI/BANDAR LAMPUNG, (INDONESIA): Coffee prices in Vietnam edged down slightly this week tracking global prices as... Published 14 Jun, 2024 06:31am
Commodities India’s May palm oil imports hit 4-month high MUMBAI: India’s palm oil imports rose by 11.6% in May from the previous month to reach the highest level in four... Published 14 Jun, 2024 06:31am
Commodities PMEX daily trading report KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 26.946... Published 14 Jun, 2024 06:31am
Commodities Asia rice: High shipping costs dent Vietnam’s rates; Indian, Thai variants steady BENGALURU, MUMBAI, BANGKOK, HANOI AND BD: Rice export prices from Vietnam this week dipped slightly on rising... Published 14 Jun, 2024 06:31am
Commodities Copper under pressure on Fed rate cut outlook LONDON: Copper prices slipped on Thursday while the dollar steadied after the Federal Reserve pushed back a ... Published 14 Jun, 2024 06:31am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday, (June 13, 2024)... Published 14 Jun, 2024 06:31am
Cotton & Textile Cotton market: Polyester fibre available at Rs 367 per kg LAHORE: The local cotton market on Thursday remained steady and the trading volume remained low. According to... Published 14 Jun, 2024 06:31am
Commodities Iron ore futures rebound SINGAPORE/BEIJING: Iron ore futures prices ticked up on Thursday, helped by Beijing’s latest move to revive its... Published 14 Jun, 2024 06:31am
‘Federal budget appears to be more politically driven’: HCST&SI HYDERABAD: Muhammad Farooq Shaikhani, President Hyderabad Chamber of Small Traders & Small Industry... Published 14 Jun, 2024 06:31am
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 14 Jun, 2024 06:31am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 14 Jun, 2024 06:31am
Forex Dollar's rate in Interbank market KARACHI: Interbank closing rates for dollar on Thursday (June 13, 2024). ======================== Open Bid Rs... Published 14 Jun, 2024 06:31am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (June 13, 2024).... Published 14 Jun, 2024 06:31am
Govt to raise up to $1bn thru global bonds ISLAMABAD: Pakistan plans to raise up to $1 billion through international bonds in the 2025/26 fiscal year, Finance... Published 14 Jun, 2024 06:31am
July to Sept 2024: NPCC reduces RLNG demand for power generation ISLAMABAD: The country’s power system operator, the National Power Control Centre (NPCC) has reduced the Gasified... Updated 14 Jun, 2024 08:57am
Energy HSD import permission to M/s GO: 5 refineries lodge protest with Ogra ISLAMABAD: The country’s five refineries have protested with chairman Oil and Gas Regulatory Authority (OGRA) for... Published 14 Jun, 2024 06:31am
Removal from fixed tax regime: Rice exporters reject govt’s proposal KARACHI: Rice exporters have rejected the federal government’s proposal to remove the exporters from fixed tax... Published 14 Jun, 2024 06:31am
APTMA assails FY25 budget ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has voiced severe concerns regarding the FY25 budget... Published 14 Jun, 2024 06:31am
Tractor manufacturing company: LTO Lahore detects Rs13.286bn sales tax discrepancies ISLAMABAD: On the directions of the President of Pakistan, the Large Taxpayer Office (LTO), Lahore has concluded the... Published 14 Jun, 2024 06:31am
Minister to address post-budget conference today LAHORE: Punjab Finance Minister Mian Mujtaba Shujaur Rehman will address post-budget conference on Friday (today) at... Published 14 Jun, 2024 06:31am
IFC informs body: ‘Outsourcing of Islamabad Airport: healthy competition likely on 15 July’ ISLAMABAD: A committee tasked to finalise the outsourcing plan of the country’s three airports was informed by the... Published 14 Jun, 2024 06:31am
‘IT industry’s budgetary proposals completely overlooked’ ISLAMABAD: The information technology industry’s budgetary proposals were completely overlooked, despite repeated... Published 14 Jun, 2024 06:31am
Money & Banking Dollar gains on hawkish Fed NEW YORK: The dollar gained on Thursday despite a soft US producer price inflation report for May, after the Federal... Published 14 Jun, 2024 06:31am
Money & Banking Australia, NZ dollars cheer US inflation relief SYDNEY: The Australian and New Zealand dollars were consolidating gains on Thursday after a surprisingly soft ... Published 14 Jun, 2024 06:31am
Money & Banking Asian currencies firmer as dollar eases BENGALURU: Most Asian currencies and stocks gained on Thursday, as the dollar weakened on softer-than-expected US... Published 14 Jun, 2024 06:31am
Listed companies: SECP issues ESG Voluntary Disclosure Guidelines ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has taken a major stride towards promoting... Published 14 Jun, 2024 06:31am
Money & Banking Bank Alfalah launches country’s first digital agri financing product KARACHI: Bank Alfalah has announced the launch of Pakistan’s First Digital Agriculture Financing product and... Published 14 Jun, 2024 06:31am
Companies Gong ceremony held to celebrate GEM Board listing of Mughal Energy Ltd KARACHI: A gong ceremony was held at Pakistan Stock Exchange (PSX) on Thursday to celebrate the listing of Mughal... Published 14 Jun, 2024 06:31am
Money & Banking BoK inaugurates women-centric Islamic Banking branch in Hayatabad PESHAWAR: Bank of Khyber (BoK) announced the inauguration of the very first women-centric Islamic Banking branch in... Published 14 Jun, 2024 06:31am
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept