ZU, GSM form strategic alliance through MoU KARACHI: Ziauddin University (ZU) and Greenstar Social Marketing Pakistan (GSM) announced a new strategic alliance... Published 24 Jul, 2024 07:41am
Digitisation of municipal projects ordered ISLAMABAD: Chairman of the Capital Development Authority (CDA) Muhammad Ali Randhawa, on Tuesday, issued directirve... Published 24 Jul, 2024 07:41am
Achievement of students in Matric Board exam celebrated LAHORE: The Noorani Foundation - Akhuwat School, a not-for-profit institution, celebrates a remarkable achievement ... Published 24 Jul, 2024 07:41am
New ‘vaccine-like’ HIV drug could cost just $40: researchers PARIS: A new “vaccine-like” HIV drug that currently costs over $40,000 per person a year could be made for as... Published 24 Jul, 2024 07:41am
The Weather KARACHI: The weather report on Tuesday (July 23, 2024) and the forecast for Wednesday (July 24, 2024)... Published 24 Jul, 2024 07:41am
Team meets PM: China’s Hengeng constructing $50m slaughterhouse in Gwadar ISLAMABAD: A delegation of China’s Hengeng Trading Company, under the leadership of Chairman Zhang Bin met with... Published 24 Jul, 2024 07:40am
Smuggled Iranian diesel seized KARACHI: The Anti-Smuggling Organization (ASO) of the Customs Enforcement Collectorate Karachi has seized 11,000... Published 24 Jul, 2024 07:37am
Maryam steps up criticism of PTI LAHORE: The Punjab Chief Minister Maryam Nawaz Sharif said on Tuesday that ‘May 09 culprit’ has confessed to... Published 24 Jul, 2024 07:33am
Mutual cooperation a must to deal with climate challenges: US diplomat LAHORE: American Consul General Lahore Kirsten K Hawkins said on Tuesday that Pakistan is among the countries... Published 24 Jul, 2024 07:30am
JI demands CEC step down LAHORE: Chief of Jamaat-e-Islami Hafiz Naeem Ur Rehman has stated that the Chief Election Commissioner should step... Published 24 Jul, 2024 07:26am
President gives his assent to ‘The Christian Marriage (Amendment) Act 2024’ ISLAMABAD: President Asif Ali Zardari assented to “The Christian Marriage (Amendment) Act 2024,” increasing the... Published 24 Jul, 2024 07:24am
IHC Registrar, Deputy Registrar challenge contempt proceedings ISLAMABAD: The Registrar and Deputy Registrar of Islamabad High Court (IHC) have challenged the contempt ... Published 24 Jul, 2024 07:23am
Dar greets Lammy ISLAMABAD: Foreign Minister Ishaq Dar on Tuesday congratulated David Lammy, the newly elected Secretary of State for... Published 24 Jul, 2024 07:21am
Adiala Jail authorities tell ATC: ‘IK cannot appear in person for security reasons’ ISLAMABAD: Adiala Jail authorities on Tuesday informed the Anti-Terrorist Court (ATC) that due to security reasons... Published 24 Jul, 2024 07:19am
PTI holds ‘symbolic’ hunger strike, demands govt release IK, assails NA Speaker ISLAMABAD: The senior leadership of the Pakistan Tehreek-e-Insaf (PTI) on Tuesday held a symbolic hunger strike... Published 24 Jul, 2024 07:18am
Disruptions in internet: NA panel summons PTA chairman ISLAMABAD: The National Assembly’s Standing Committee on IT and Telecom while taking notice of recent disruptions... Published 24 Jul, 2024 07:00am
Energy MPCL announces completion of appraisal programme for Ghazij gas discovery ISLAMABAD: Mari Petroleum Company Limited (MPCL) announces the successful completion of the appraisal program for... Published 24 Jul, 2024 06:56am
Pakistan, Turkmenistan to develop closer ties in trade, investment ISLAMABAD: Pakistan and Turkmenistan have agreed to develop closer economic engagement in the priority areas of ... Published 24 Jul, 2024 06:56am
Energy US natural gas prices weak on rising output NEW YORK: US natural gas futures slid about 3% on Tuesday on rising output and an ongoing oversupply of gas in... Published 24 Jul, 2024 06:56am
India must strengthen manufacturing to create jobs, Fitch analyst says MUMBAI: India needs to strengthen its manufacturing sector to create jobs in the economy and facilitate its... Published 24 Jul, 2024 06:56am
Fishing treaty fails at WTO, prompting US, Chinese concern GENEVA: Countries and environmental groups voiced concern and disappointment on Tuesday after a draft treaty to cut... Published 24 Jul, 2024 06:56am
PYMA urges govt to lower cost of doing business to protect domestic industry KARACHI: The Pakistan Yarn Merchants Association (PYMA) has urgently called upon the federal government to take... Published 24 Jul, 2024 06:56am
PRBC and embassy of Romania strengthen ties to boost trade ISLAMABAD: Embassy of Romania to Pakistan have signed a protocol agreement to enhance economic cooperation and... Published 24 Jul, 2024 06:56am
Companies Ali Takesh joins Philip Morris Pakistan and Afghanistan as new MD KARACHI: Ali Takesh has been appointed as the new Managing Director for Philip Morris Pakistan and Afghanistan,... Published 24 Jul, 2024 06:56am
Setting up of ‘Medical City and PEZ’ under PPP mode: Ministry asked to discuss proposal at working group meeting ISLAMABAD: The Ministry of National Health Services, Regulations and Coordination (MNHSR&R) is said to have been... Published 24 Jul, 2024 06:55am
Taxes Islamabad’s posh areas: Shops now required to pay huge amounts of tax ISLAMABAD: The monthly tax of shops located in posh areas like Jinnah Super (Market F-7) Islamabad has been fixed at... Published 24 Jul, 2024 06:53am
Agriculture and Allied Agri research: Senate body concerned at ‘insufficient’ allocation ISLAMABAD: The Senate Standing Committee on National Food Security & Research expressed concern that only 0.12... Published 24 Jul, 2024 06:49am
Companies Misleading ads: CAT dismisses appeal filed by Eden Builders ISLAMABAD: In a recent development, the Competition Appellate Tribunal (CAT) has dismissed the appeal filed by Eden... Published 24 Jul, 2024 06:47am
Stocks Tokyo stocks end marginally lower TOKYO: Japan’s Nikkei share average ended marginally lower on Tuesday, extending its losing run to a fifth... Published 24 Jul, 2024 06:44am
Stocks China stocks post biggest fall in 6 months SHANGHAI: Chinese stocks recorded their biggest single-day drop in six months, demonstrating the fragility of... Published 24 Jul, 2024 06:43am
Taxes G-B court’s order: Over Rs3bn per annum revenue through imports from China at stake? ISLAMABAD: The Federal Board of Revenue’s tax collection of over Rs 3 billion per annum from imports from China is... Published 24 Jul, 2024 06:32am
Finance minister meets with Moody’s Ratings representatives ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb had a Zoom meeting with the... Published 24 Jul, 2024 06:27am
SC and SIFC forums: FPCCI will fight case against IPPs’ capacity charges: Mohamin KARACHI: Abdul Mohamin Khan, Acting President of FPCCI, has said, on behalf of the entire business, industry and... Published 24 Jul, 2024 06:01am
FY25 budget: traders reject taxation measures PESHAWAR: Business community have rejected additional taxation measures in budget 2024-25 and stated that it has not... Published 24 Jul, 2024 05:59am
Stocks Megacaps buoy Wall St ahead of big tech earnings NEW YORK: Wall Street’s main indexes rose on a boost from megacaps ahead of Alphabet and Tesla earnings on ... Published 24 Jul, 2024 05:55am
Raoof given into FIA remand ISLAMABAD: A local court on Tuesday granted the Federal Investigation Agency (FIA) a two-day physical remand of... Published 24 Jul, 2024 05:38am
President for expanding ties with Turkmenistan ISLAMABAD: President Asif Ali Zardari has called for further expanding bilateral ties with Turkmenistan in all ... Published 24 Jul, 2024 05:38am
Transfer of PSDP projects to provinces discussed ISLAMABAD: Ministry of Planning, Development and Special Initiatives discussed the transfer of Public Sector... Published 24 Jul, 2024 05:38am
Starting fish farming scheme in Sindh with World Bank support: Najmi Alam KARACHI Adviser to CM on Fisheries, Livestock Syed Najmi Alam has said that the fishing industry and fishermen of... Published 24 Jul, 2024 05:38am
SAU hosts workshop on hybrid cotton varieties HYDERABAD: Agriculture experts and researchers have emphasized the urgent need for research on new and hybrid cotton... Published 24 Jul, 2024 05:38am
PML-N leader accuses PTI of running nefarious campaign ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) leader Danyal Chaudhary on Tuesday accused Pakistan Tehreek-e-Insaf... Published 24 Jul, 2024 05:38am
PM likely to visit Iran next week ISLAMABAD: Prime Minister Shehbaz Sharif is likely to visit Iran next week to attend the inauguration ceremony of... Published 24 Jul, 2024 05:38am
Murghub takes charge as LDA Vice Chairman LAHORE: Newly-appointed Lahore Development Authority (LDA) Vice Chairman Mian Murghub Ahmad took charge of his post... Published 24 Jul, 2024 05:38am
Video link facilities: LHC withdraws notification regarding purchase of additional equipment LAHORE: The Chief Justice of the Lahore High Court Aalia Neelum on Tuesday withdrew a notification regarding the... Published 24 Jul, 2024 05:38am
LHC seeks reply from DC on PTI rally LAHORE: The Lahore High Court on Tuesday sought a reply from deputy commissioner Lahore on a petition by the ... Published 24 Jul, 2024 05:38am
Petition of Bushra: LHC overrules objection of registrar’s office LAHORE: The Lahore High Court on Tuesday overruled objection of registrar’s office to a petition of Bushra Bibi ... Published 24 Jul, 2024 05:38am
KDLB asked to resolve issues with KPT ISLAMABAD: The meeting of National Assembly Standing Committee on Maritime Affairs was held on Tuesday. The meeting... Published 24 Jul, 2024 05:38am
Effective use of agriculture land urged LAHORE: Punjab Local Government Minister Zeeshan Rafiq has said that an effective mechanism for the use of... Published 24 Jul, 2024 05:38am
CPJ and rights groups urge media access to Gaza NEW YORK: President Joe Biden should press the Israeli Prime Minister Benjamin Netanyahu on the unprecedented number... Published 24 Jul, 2024 05:38am
Middle East China brokers Palestinian unity deal, but doubts persist BEIJING/CAIRO: Palestinian rivals including Hamas and Fatah agreed to form a unity government at talks hosted by... Published 24 Jul, 2024 05:38am
Middle East Houthis, Yemen govt reach financial ‘de-escalation’ deal: UN envoy DUBAI: Yemen’s government and the Iran-backed Houthi rebels have agreed to halt tit-for-tat banking sanctions as... Published 24 Jul, 2024 05:38am
Harris hits trail with Democratic nomination locked in WASHINGTON: Kamala Harris hits the US campaign trail Tuesday after effectively clinching the Democratic presidential... Published 24 Jul, 2024 05:38am
Textile exports will start falling soon It seems that our economic planners are living in a fantasy world. Contrary to our budgetary expectations, which... Updated 24 Jul, 2024 08:35am
Looking for hope! Pakistan has faced challenges of epic proportions since its inception, yet as a nation, we are endowed with a rich... Updated 24 Jul, 2024 08:01am
Letters Misconceptions about judiciary’s ranking The government, analysts, thinkers, and media persons have been criticizing the judiciary for incompetency, chronic... Published 24 Jul, 2024 05:38am
Taxes for extravagance? The Federal Board of Revenue in recent times has decided to jack up its efforts to increase the number of tax return... Updated 24 Jul, 2024 08:14am
Bangladesh-A, Sri Lanka-A cricket teams to tour Pakistan LAHORE: Pakistan Shaheens will play four additional four-day and six 50-over matches this year when Bangladesh-A and... Published 24 Jul, 2024 05:38am
Rates LME official prices LONDON: The following were Monday official prices. ========================================= ALUMINIUM... Published 24 Jul, 2024 05:38am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 23, 2024).... Published 24 Jul, 2024 05:38am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (July 23, 2024). ==================================== BR... Published 24 Jul, 2024 05:38am
Strategic reforms roadmap: 11 ministries to liaise with consultants Ministries include power, finance, petroleum, commerce, info and telecom, industries and production, planning, development and special initiatives, privatisation, food, BoI, and overseas Pakistanis Updated 24 Jul, 2024 12:27pm
FBR extends scope of Tajir Dost Scheme to 42 cities LAHORE: The Federal Board of Revenue (FBR) has extended scope of Tajir Dost scheme to 42 cities from six cities. The... Updated 24 Jul, 2024 01:20pm
Rates PSX recovers losses KARACHI: Pakistan Stock Exchange on Tuesday turned bullish and partially recovered its overnight losses due to fresh... Published 24 Jul, 2024 05:38am
PTI chief explains to ECP why he cannot furnish details ISLAMABAD: Islamabad Police confiscated not only important legal and electoral record but also took away “even the... Updated 24 Jul, 2024 08:47am
Public sector power projects: Govt intends to reduce RoE ISLAMABAD: The federal government has reportedly made its mind to reduce the Return on Equity (RoE) of public sector... Updated 24 Jul, 2024 09:36am
$13.3bn needed for universal power access: World Bank ISLAMABAD: The total capital investment required to achieve universal electricity access in four provinces of... Updated 24 Jul, 2024 09:06am
PM seeks plan for low-cost electricity for industry ISLAMABAD: Prime Minister Shehbaz Sharif has directed that Ministry of Power shall present a comprehensive plan to... Updated 24 Jul, 2024 08:59am
SIC’s appeals: PPPP too urges SC to review its July 12 order ISLAMABAD: The Supreme Court has been asked to review and recall its July 12 order passed in the appeals of Sunni... Updated 24 Jul, 2024 09:27am
Reduced rate SST facility on restaurant not withdrawn: SRB KARACHI: Sindh Revenue Board (SRB) has informed that the facility of reduced rate of Sindh Sales Tax (SST) on... Updated 24 Jul, 2024 09:20am
SBP asked banks to develop NPLs management strategy KARACHI: In order to facilitate banks to deal with the existing stock of Non-Performing Loans (NPLs) and minimize... Updated 24 Jul, 2024 09:15am
Money & Banking Banks allowed to charge off fully provisioned NPLs KARACHI: The State Bank of Pakistan (SBP) has allowed the banks to charge off the fully provisioned corporate,... Updated 24 Jul, 2024 08:59am
Israel slams deal to include Hamas in post-war Gaza govt OCCUPIED JERUSALEM: Israel swiftly condemned an agreement brokered by China on Tuesday which Beijing said would... Updated 24 Jul, 2024 08:46am
Energy NEECA, GIZ unveil Energy Conservation Building Code 2023 ISLAMABAD: The National Energy Efficiency and Conservation Authority (NEECA), in partnership with the Deutsche... Published 24 Jul, 2024 05:38am
‘IPPs playing major role in destruction of economy’ KARACHI: Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President Pakistan Businessmen... Published 24 Jul, 2024 05:38am
BMP grants Rs681.07m relief to customers in H12024 KARACHI: The Banking Mohtasib Pakistan (BMP) has granted monetary relief amounting to Rs 681.07 million to the... Published 24 Jul, 2024 05:38am
Commodities Gold prices easier KARACHI: Gold on Tuesday became further cheaper on the local market but silver stood unchanged, traders said. Gold... Published 24 Jul, 2024 05:38am
Fall in cotton production EDITORIAL: In yet another piece of discouraging news for the country’s economy, the Pakistan Cotton Ginners... Updated 24 Jul, 2024 07:47am
Doing the right thing the wrong way EDITORIAL: Why go through the trouble of dissolving Pak-PWD (Pakistan Public Works Department) – on the orders of... Updated 24 Jul, 2024 07:53am
Commodities Japanese rubber slides SINGAPORE: Japanese rubber futures fell on Tuesday, weighed down by a weak demand outlook from top consumer China,... Published 24 Jul, 2024 05:38am
Commodities Chicago soybean futures hold steady CANBERRA: Chicago soybean futures held steady on Tuesday after big gains in the previous session as concerns over ... Published 24 Jul, 2024 05:38am
Energy Oil prices fall on ceasefire talks NEW YORK: Oil prices fell about 2% to a six-week low on Tuesday on rising expectations of a ceasefire in Gaza and... Published 24 Jul, 2024 05:38am
Commodities Iron ore hits 3-month low SINGAPORE: Iron ore futures fell to their lowest in more than three months on Tuesday, as a lack of stimulus from ... Published 24 Jul, 2024 05:38am
Rates Activities at Karachi Port Trust KARACHI: The Karachi Port Trust handled 143,946 tonnes of cargo comprising 102,270 tonnes of import cargo and 41,676... Published 24 Jul, 2024 05:38am
Commodities Gold snaps 4-day losing streak BENGALURU: Gold prices drifted higher on Tuesday, snapping a four-day losing streak, as investors awaited US ... Published 24 Jul, 2024 05:38am
Commodities Copper hits multi-month low on demand fears LONDON: Copper prices extended their fall to a seventh consecutive session on Tuesday to hit their lowest in three... Published 24 Jul, 2024 05:38am
Commodities Malaysian palm oil surrenders early gains BEIJING: Malaysian palm oil futures gave up early gains on Tuesday, ending a five-day rally amid concerns around... Published 24 Jul, 2024 05:38am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday, (July 23, 2024)... Published 24 Jul, 2024 05:38am
Cotton & Textile Mills take interest in fresh buying of cotton LAHORE: The local cotton market on Tuesday remained overall steady and the trading volume was satisfactory. Cotton... Published 24 Jul, 2024 05:38am
APCDA urges govt to address grievances due to new taxes LAHORE: The All Pakistan Cement Distributors Association (APCDA) urged the government on Tuesday to allocate time to... Published 24 Jul, 2024 05:38am
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 24 Jul, 2024 05:38am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 24 Jul, 2024 05:38am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Tuesday (July 23, 2024). ======================== Open Bid Rs... Published 24 Jul, 2024 05:38am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (July 23, 2024).... Published 24 Jul, 2024 05:38am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (July 23, 2024)... Published 24 Jul, 2024 05:38am
Increase in sugar price: Minister seeks report from cane commissioner ISLAMABAD: Federal Minister for Industries and Production Rana Tanveer Hussain has sought report from the provincial... Published 24 Jul, 2024 05:38am
Kamal highlights potential for enhancing ties with Oman ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan on Tuesday highlighted the significant potential for... Updated 24 Jul, 2024 01:36pm
Money & Banking Yen gains for 2nd day against dollar NEW YORK: The yen rose for a second straight session against the dollar on Tuesday, boosted by comments from a ... Published 24 Jul, 2024 05:38am
Companies Citibank Pakistan wins Euromoney Award KARACHI: Citibank N.A Pakistan has been recognised as the Best International Bank in Pakistan by Euromoney, a ... Published 24 Jul, 2024 05:38am
Companies TMB announces Jahanzeb Khan as new president & CEO KARACHI: Telenor Microfinance Bank (TMB), operator of digital financial services platform easypaisa, has appointed... Published 24 Jul, 2024 05:38am
Taxes Customs officers waiting for posting for 3 years placed in ‘admin pool’? ISLAMABAD: The Federal Board of Revenue (FBR) has not found appropriate to initiate action against any of the tax... Published 24 Jul, 2024 05:38am