70 more vehicles added to PFA fleet LAHORE: The Punjab government on Friday inducted 30 more vehicles to the fleet of the Punjab Food Authority (PFA) to... Published 06 Jul, 2024 06:48am
Petrol pumps partially shut in KP PESHAWAR: Likewise other parts of the country, petroleum dealers on Friday observed a partial strike in Peshawar and... Published 06 Jul, 2024 06:48am
Cases against IK, PTI: PTI demands recusal of CJP from benches ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leadership on Friday expressed distrust in Chief Justice of Pakistan and... Published 06 Jul, 2024 06:48am
Three dead, seven injured in Mardan blast PESHAWAR: At least three persons were killed, and seven other injured in a roadside blast near Jalalha Bridge in... Published 06 Jul, 2024 06:48am
Brazilian paraglider falls to death in northern area SKARDU: A Brazilian paraglider plummeted to his death in northern Pakistan, an official told AFP on Friday, the... Published 06 Jul, 2024 06:48am
Meta holds workshop on digital transformation for govt partners in Pakistan ISLAMABAD: Meta organised a workshop on Digital Transformation for government partners in Pakistan at the Ministry ... Published 06 Jul, 2024 06:48am
Sindh to set up 300 model schools KARACHI: In a bid to modernise the traditional education system in Sindh, the provincial government has decided to... Published 06 Jul, 2024 06:48am
Pakistan’s first 4-wheel UEV unveiled KARACHI: Team Envision of PNEC-NUST on Friday unveiled Pakistan’s first four-wheel Urban Electric Vehicle.... Published 06 Jul, 2024 06:48am
The Weather KARACHI: The weather report on Friday (July 05, 2024) and the forecast for Saturday (July 06, 2024)... Published 06 Jul, 2024 06:48am
Open sale of LPG cylinders: Sindh ombudsman takes suo motu notice KARACHI: Provincial Ombudsman Dr Muhammad Sohail Rajput has taken suo motu notice on sale of LPG cylinders in... Published 06 Jul, 2024 06:48am
MoFA to resume Apostille legalisation process from 8th ISLAMABAD: The Ministry of Foreign Affairs will resume the Apostille legalisation process from Monday (July 8) for... Published 06 Jul, 2024 06:48am
Cartelisation charges against poultry feed millers: LHC vacates stay order against CCP show-cause notices ISLAMABAD: Lahore High Court (LHC) has vacated a stay order that it had earlier granted to four poultry feed... Published 06 Jul, 2024 06:48am
Keenjhar Lake expansion plan discussed with World Bank KARACHI: Sindh Chief Minister Syed Murad Ali Shah during a meeting with a World Bank delegation led by its Country... Published 06 Jul, 2024 06:48am
Business group leader says people no longer believe that politicians can be trusted KARACHI: Mian Zahid Hussain, Chairman of the FPCCI Advisory Board and National Business Group Pakistan and President... Published 06 Jul, 2024 06:48am
Romina calls on Dar ISLAMABAD: Coordinator to the Prime Minister on Climate Change and Environmental Coordination Romina Khurshid Alam... Published 06 Jul, 2024 06:48am
Taxes FBR appoints 24 CIRs Refunds ISLAMABAD: The Federal Board of Revenue (FBR) has appointed 24 Commissioner Inland Revenue, (Refunds) across ... Published 06 Jul, 2024 06:48am
Aleem for promoting links with Central Asia ISLAMABAD: Federal Minister for Communications, Privatization and Board of Investment Abdul Aleem Khan has said that... Published 06 Jul, 2024 06:48am
Industry Business community urged to take advantage of PPP EPZs KARACHI: Chairman Export Processing Zone Authority (EPZA) Saifuddin Junejo has urged the business community to take... Published 06 Jul, 2024 06:48am
NA body takes serious notice of doctors’ absence ISLAMABAD: The National Assembly Standing Committee on National Health Services and Regulations has taken serious... Published 06 Jul, 2024 06:48am
PFD initiates action against two officers LAHORE: The Punjab Food Department (PFD) took disciplinary action on Friday against two officers from Rawalpindi... Published 06 Jul, 2024 06:48am
Tram service approved for Lahore LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has approved the Karim Block to Motorway Signal Free Corridor Plan... Published 06 Jul, 2024 06:48am
Energy LESCO summons meeting of ‘truncated’ BoD LAHORE: In order to circumvent full scrutiny by its Board of Directors (BoD), the Lahore Electric Supply Company... Published 06 Jul, 2024 06:48am
Anti-smog campaign launched in Punjab LAHORE: Senior Provincial Minister Maryam Aurangzeb has announced a major campaign in Punjab aimed at combating ... Published 06 Jul, 2024 06:48am
PDWP approves eight uplift schemes LAHORE: The Provincial Development Working Party (PDWP) on Friday approved eight development schemes of different... Published 06 Jul, 2024 06:48am
Army, Rangers to be deployed in Punjab during Muharram LAHORE: The Punjab government has requisitioned the services of Pakistan Army and Pakistan Rangers Punjab troops to... Published 06 Jul, 2024 06:48am
Taxes Federal budget: Briefing given about recent amendments enacted in sales tax FAISALABAD: Reservations about different clauses of federal budget including SRO-350 were to be highlighted before... Published 06 Jul, 2024 06:48am
Taxes Value-added textile exporters demand resumption of FTR LAHORE: Expressing serious concerns over the Finance Act 2024, the value-added textile exporters have urged the... Published 06 Jul, 2024 06:48am
Muharram security: Police, LEAs hold flag march in Islamabad ISLAMABAD: The city police and other law enforcement agencies, on Friday, conducted a flag march in the city with ... Published 06 Jul, 2024 06:48am
ATC suspends non-bailable arrest warrants for Gandapur ISLAMABAD: The Anti-Terrorism Court (ATC) on Friday suspended non-bailable arrest warrants issued for Chief Minister... Published 06 Jul, 2024 06:48am
Govt should cancel all agreements with IPPs, says FPCCI leader KARACHI: Saquib Fayyaz Magoon, Acting President FPCCI, has said that federal government should cancel all agreements... Published 06 Jul, 2024 06:48am
Taxes FBR tells ministry: 2.5pc advance tax not applicable to OMCs’ outlets ISLAMABAD: The Federal Board of Revenue (FBR) Friday conveyed to the Ministry of Energy that the Section 236H (2.5... Published 06 Jul, 2024 06:48am
Letters 210,000 SIM cards blocked According to a Business Recorder news item “Non-filers: 210,000 SIM cards blocked” carried by the newspaper... Published 06 Jul, 2024 06:48am
Money & Banking Soneri Bank celebrates opening of its 500th branch in Karachi KARACHI: Soneri Bank announced the grand opening of its 500th branch, located in Karachi, Khayaban-e-Shamsheer. This... Published 06 Jul, 2024 06:48am
Australian auto parts group to engage skilled workers KARACHI: In a significant development for Pakistan’s automotive industry, a leading Australian auto parts group ... Published 06 Jul, 2024 06:48am
Finance Act 2024: FBR SROs to cause business closures: LCCI LAHORE: The Lahore Chamber of Commerce and Industry has urged the government to address the concerns of business... Published 06 Jul, 2024 06:48am
KATI for annulling contracts with IPPs KARACHI: Johar Qandhari, President of the Korangi Association of Trade and Industry (KATI), has demanded the... Published 06 Jul, 2024 06:48am
Companies FFC partners with Agrilift ISLAMABAD: Fauji Fertilizer Company (FFC) “Partner in Prosperity,” has entered into a strategic partnership with... Published 06 Jul, 2024 06:48am
Taxes Health advocates concerned at no hike in cigarette tax rates ISLAMABAD: Health advocates Friday expressed deep concern over the government’s decision to maintain current... Published 06 Jul, 2024 06:48am
Taxes Tax fraud unearthed in a Karachi textile unit KARACHI: The Directorate of Post Clearance Audit (PCA) South has “exposed” a large-scale tax fraud worth ... Published 06 Jul, 2024 06:48am
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 06 Jul, 2024 06:48am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (July 05,... Published 06 Jul, 2024 06:48am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Friday (July 05, 2024). ======================== Open Bid Rs... Published 06 Jul, 2024 06:48am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (July 05, 2024).... Published 06 Jul, 2024 06:48am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Friday (July 05, 2024). ==================================== BR... Published 06 Jul, 2024 06:48am
Video link: ATC directs SP Adiala to ensure attendance of IK today LAHORE: An Anti-Terrorism Court (ATC) on Friday directed the superintendent Adiala jail to ensure attendance of PTI... Published 06 Jul, 2024 06:46am
Commodities Gold prices rise by Rs1100 KARACHI: The local gold prices on Friday continue to grow but silver stood firm, traders said. The precious metal... Published 06 Jul, 2024 06:39am
Industry Govt urged not to succumb to IMF pressure KARACHI: President of United Business Group (UBG), Zubair Tufail has said that the government should not mortgage ... Published 06 Jul, 2024 06:36am
Industry Group CEO Standard Chartered Bank visits OICCI KARACHI: Bill Winters, Group CEO of Standard Chartered Bank (SCB), visited the Overseas Investors Chamber of ... Published 06 Jul, 2024 06:33am
KP Governor for empowerment of women & youth ISLAMABAD: Khyber Pakhtunkhwa Governor Faisal Karim Kundi said that measures should be taken for empowerment of ... Published 06 Jul, 2024 06:31am
Pakistani Facebook community: Meta drives conversations on responsible content creation KARACHI: Meta has collaborated with Ali Gul Pir - Pakistani content creator and comedian - to host a four-episode... Published 06 Jul, 2024 06:30am
Health sector: Pakistan, US authorities agree to expand cooperation ISLAMABAD: Pakistan and US health authorities have agreed to expand cooperation in the health sector including... Published 06 Jul, 2024 06:28am
PU Syndicate recommends Rs19.6bn budget for approval LAHORE: Punjab University Syndicate’s 1755th meeting chaired by Vice Chancellor Prof Dr. Khalid Mahmood on Friday... Published 06 Jul, 2024 06:27am
Electronic fraud involving BISP: PTA chief, BISP chairperson discuss strategies ISLAMABAD: Major General Hafeez Ur Rehman (Retd), Chairman of the Pakistan Telecommunication Authority (PTA), held a... Published 06 Jul, 2024 06:27am
Stocks Japanese shares retreat from record peaks ahead of US data TOKYO: Japan’s main stock indexes retreated from record highs touched during early trade on Friday, as investors... Published 06 Jul, 2024 06:24am
Companies Zong 4G, LESCO initiate strategic partnership LAHORE: Zong 4G, Pakistan’s leading telecom operator, has initiated a strategic partnership with Lahore Electric... Published 06 Jul, 2024 06:24am
TIKA opens series of advanced labs across Pakistan ISLAMABAD: The Turkish Cooperation and Coordination Agency (TIKA) has successfully completed and inaugurated a ... Published 06 Jul, 2024 06:24am
Sindh decides to strengthen Excise & Narcotics Control Dept KARACHI: The Sindh government has decided to further strengthen the Excise & Narcotics Control Department in... Published 06 Jul, 2024 06:24am
Stocks London midcaps touch more than two-year highs as Labour Party returns to power LONDON: Britain’s domestic-focused stocks logged their best week in more than five months on Friday after a... Published 06 Jul, 2024 06:15am
Stocks China stocks end at 4-1/2-month low SHANGHAI: China stocks finished the week at a 4-1/2-month low, weighed down by financial and consumer shares, while... Published 06 Jul, 2024 06:15am
Money & Banking Pound climbs after Labour election win LONDON: The pound advanced on Friday after Britain’s centre-left Labour Party clinched an expected landslide... Published 06 Jul, 2024 06:11am
Money & Banking China’s yuan steady SHANGHAI: China’s yuan held steady on Friday against the US dollar as yields for Chinese government bonds rose... Published 06 Jul, 2024 06:09am
Money & Banking Dollar edges down after US jobs data NEW YORK: The US dollar index fell slightly on Friday after data showed US job growth slowed marginally in June ... Published 06 Jul, 2024 06:09am
South Asia Jailed Sikh separatist, Kashmir leader sworn into India parliament NEW DELHI: A Sikh separatist and a Kashmiri politician temporarily left jail Friday to be sworn into India’s... Published 06 Jul, 2024 05:44am
Weekly SPI inflation up 1.28pc ISLAMABAD: The Sensitive Price Index (SPI)-based inflation for the week ended July 4, 2024, increased by 1.28 ... Published 06 Jul, 2024 05:44am
Stocks Farrukh steps down as PSX CEO KARACHI: Farrukh H Khan tendered his resignation from the position of Chief Executive Officer (CEO) of Pakistan ... Published 06 Jul, 2024 05:44am
Public gathering: ICT cancels NOC to PTI ISLAMABAD: The Islamabad Capital Territory (ICT) administration has cancelled the no objection certificate (NOC)... Published 06 Jul, 2024 05:42am
Punjab seeks social media ban on security concerns LAHORE: Punjab is proposing a ban on all social media platforms for six days due to security concerns during... Published 06 Jul, 2024 05:34am
PARTLY FACETIOUS: They have no option but to be tax return filers “So now what?” “Now they wait for the public to forget the budget.” “I don’t think that is likely – ... Published 06 Jul, 2024 05:24am
Emerging challenges to the economy The budget 2024-25 formulated to qualify for the 25th IMF programme has been passed by the parliament. Now the IMF... Updated 06 Jul, 2024 06:53am
The heat is on So what is the hottest topic in the city these days? Yes it is heatstroke. With city temperatures soaring to heights... Updated 06 Jul, 2024 07:04am
Integrating with regional economies EDITORIAL: Prime Minister Shehbaz Sharif’s visit to Tajikistan and his personal push to increase bilateral trade... Updated 06 Jul, 2024 06:58am
Hosting relocated Chinese industry EDITORIAL: Prime Minister Shehbaz Sharif’s approval of joint venture projects between Chinese and Pakistani... Published 06 Jul, 2024 05:24am
Corrupt practices made acceptable EDITORIAL: Last month, the Federal Board of Revenue (FBR) suspended two heads of its field formations in Lahore ... Published 06 Jul, 2024 05:24am
Senate panel directs MoC: ‘EDF should prioritise export boost over infrastructure projects’ ISLAMABAD: The Senate Standing Committee on Commerce on Friday directed the Commerce Ministry to allocate Export... Updated 06 Jul, 2024 09:18am
Financial system shows steady performance: SBP KARACHI: The State Bank of Pakistan (SBP) has said that overall risks to financial stability appear to be manageable... Updated 06 Jul, 2024 08:58am
Rates Stocks fall in dull trade KARACHI: Pakistan Stock Exchange on Friday witnessed a volatile session and after moving in both directions, closed... Published 06 Jul, 2024 05:18am
Reeves named as UK first female finance minister LONDON: New Prime Minister Keir Starmer named Rachel Reeves as Britain’s first female finance minister and Angela... Published 06 Jul, 2024 05:18am
New PM Starmer pledges to rebuild Britain after years of chaos LONDON: Britain’s new Prime Minister Keir Starmer pledged on Friday to use his massive electoral majority to... Published 06 Jul, 2024 05:18am
Dues hit Rs97.697bn mark: SSGC disconnects supply to PSML KARACHI: Sui Southern Gas Company (SSGC) has disconnected gas supply to Pakistan Steel Mills Limited (PSML) due to... Updated 06 Jul, 2024 08:59am
External debt, liabilities soar to $130.179bn by May ISLAMABAD: Pakistan’s external debt and liabilities have soared to $130.179 billion by May 2024, up from $124.296... Published 06 Jul, 2024 05:18am
Bilawal confirms PPP’s decision to participate KARACHI: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto-Zardari has assured the federal government of his... Published 06 Jul, 2024 05:18am
Imran says PTI to participate in APC ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan on Friday said that his party will ... Published 06 Jul, 2024 05:18am
‘Azm-e-Istehkam’: Commanders concerned at unwarranted criticism ISLAMABAD: Forum paid rich tribute to the supreme sacrifices of Shuhadas of the Armed Forces, law enforcement... Published 06 Jul, 2024 05:18am
Discos’ consumers: Nepra notifies Rs3.33 per unit FCA for May ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has notified Fuel Charges Adjustment of Rs 3.33... Updated 06 Jul, 2024 09:17am
Power sector’s circular debt reaches Rs2,655bn by May ISLAMABAD: A meeting of the Cabinet Committee on Energy (CCoE) was informed on Friday that the circular debt of the... Updated 06 Jul, 2024 09:00am
Fatal accidents: Nepra imposes Rs115m fine on Discos ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has imposed fines of Rs 115 million on four power... Updated 06 Jul, 2024 08:55am
Energy Hundreds storm Sibi power station over long outages QUETTA: Hundreds of people in one of hottest cities stormed a power station in protest against cuts lasting up to 20... Published 06 Jul, 2024 05:18am
Aurangzeb urges PTBA to lend a helping hand to FBR in improving tax system ISLAMABAD: Finance Minister Muhammad Aurangzeb has encouraged the Pakistan Tax Bar Association to provide essential... Updated 06 Jul, 2024 08:55am
SC concerned at no budgetary allocation for climate fund ISLAMABAD: The Supreme Court expressed concern that the federal and provincial governments have not allocated any... Updated 06 Jul, 2024 09:18am
Audio leaks case: SC urged to set aside IHC order in response to pleas of Bushra, Najam ISLAMABAD: The Supreme Court has been urged to set aside the Islamabad High Court’s order passed in the petitions... Published 06 Jul, 2024 05:18am
Cabinet Division has 18 bulletproof cars, 6 helicopters; Senate panel told ISLAMABAD: The Senate Standing Committee on Cabinet was informed that the Cabinet Division has a total of 18... Published 06 Jul, 2024 05:18am
Energy PPDA calls off strike KARACHI: The Pakistan Petroleum Dealers Association (PPDA) on Friday called off its strike and announced to open all... Published 06 Jul, 2024 05:18am
Non-filers must be brought into the tax net: PM Seeks a comprehensive action plan with specific goals regarding the digitisation and reforms of FBR Updated 06 Jul, 2024 07:55pm
RLNG tariffs: APTMA opposes Rs50bn cross subsidies to fertiliser sector ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has urged the government to reverse its ‘destructive’... Updated 06 Jul, 2024 03:46pm
Senate passes SOEs amendment bill ISLAMABAD: The Senate, Friday, passed with majority vote amidst opposition protest, the State Owned-Enterprises... Updated 06 Jul, 2024 03:47pm
Companies UBL to sell 55pc stake in UNBL UK to Bestway Group KARACHI: United Bank Limited (UBL) has finalized the sale of its 55 percent stake in United National Bank Limited UK... Published 06 Jul, 2024 05:18am
Stocks Sri Lankan shares end higher BENGALURU: Sri Lankan shares closed higher on Friday, aided by a gain in energy and consumer staple stocks. The CSE... Updated 06 Jul, 2024 05:44am
Stocks Megacaps push Nasdaq, S&P 500 to record highs NEW YORK: The tech-heavy Nasdaq and the benchmark S&P 500 jumped to record highs on Friday, as most megacap... Updated 06 Jul, 2024 06:12am
Stocks India’s Nifty 50 posts another record close BENGALURU: India’s Nifty 50 notched another record closing high on Friday and also its longest weekly rising ... Updated 06 Jul, 2024 06:19am
Ejaz Tufail made head of NAVTTC Working Group LAHORE: Ejaz Tufail, Chairman All Pakistan Small Gems, Jewellers and Traders Association has been appointed Head of... Updated 06 Jul, 2024 06:43am
Capacity-based model transition to take-and-pay model: 24 conditions proposed to strike new deals between govt, IPPs