144 imposed in Punjab: Violators will be dealt with strictly: minister LAHORE: In the light of terrorism concerns, Section 144 has been imposed in Punjab and anyone who violates the law... Published 27 Jul, 2024 07:16am
‘Govt facilitating businessmen to achieve set exports target’ ISLAMABAD: The government is taking steps to facilitate the business community, thereby, enabling them to achieve ... Published 27 Jul, 2024 07:16am
CM’s task force head visits PSDF LAHORE: Chairperson CM Task Force on Skills Development, Adnan Afzal Chattha said that following the vision of the... Published 27 Jul, 2024 07:16am
Opposition leader’s office stands vacant after SC verdict: PA Speaker LAHORE: Punjab Assembly Speaker Malik Muhammad Ahmad Khan has said that the office of opposition leader stands ... Published 27 Jul, 2024 07:16am
APNS greets new Info Secy KARACHI: The All Pakistan Newspapers Society (APNS) has welcomed and congratulated Ambreen Jan on her appointment as... Published 27 Jul, 2024 07:16am
CM approves tube-well solarisation project LAHORE: “Reducing inflation and ensuring cleanliness in the province are at the top of my priorities,” said ... Published 27 Jul, 2024 07:16am
Karachi’s coastline fast losing the shield of mangroves : WWF KARACHI: The city’s coasts are fast losing mangroves shields as residential schemes and uplift projects erode into... Published 27 Jul, 2024 07:16am
Affidavits of 3 SIC MNAs confiscated by police during raid? ISLAMABAD: Three MNAs of Sunni Ittehad Council (SIC), who originally belong to PTI but are not included in the list... Published 27 Jul, 2024 07:16am
FIA summons FBR Member Operations ISLAMABAD: The Federal Investigation Agency has summoned the Federal Board of Revenue (FBR) Member Operations Mir... Published 27 Jul, 2024 07:16am
Minister for adopting latest technologies ISLAMABAD: Minister for Planning and Development Ahsan Iqbal has emphasised the need for adopting the latest... Published 27 Jul, 2024 07:16am
SC asks govt to submit revised NEQS ISLAMABAD: The Supreme Court directed the federal government and all the provincial governments to update the... Published 27 Jul, 2024 07:16am
Further deepening reform comprehensively to advance Chinese modernisation From July 15 to 18, the third plenary session of the 20th Central Committee of the Communist Party of China was held... Published 27 Jul, 2024 07:16am
Jam discusses regional trade with ECO SG ISLAMABAD: Commerce Minister Jam Kamal and Economic Cooperation Organization (ECO) Secretary General Ambassador... Published 27 Jul, 2024 07:16am
Rescue scouts train 114 students LAHORE: As many as 114 students from various schools, colleges and universities have been trained as life savers and... Published 27 Jul, 2024 07:16am
Govt collects Rs518bn through e-Pay Punjab: PITB LAHORE: The Punjab government has collected over Rs518 billion in tax revenue through e-Pay Punjab, an online... Published 27 Jul, 2024 07:16am
Industry Tractor industry faces crisis due to 10pc ST LAHORE: The tractor manufacturing and parts industry faces a significant crisis, threatening the stability and ... Published 27 Jul, 2024 07:16am
The Weather KARACHI: The weather report on Friday (July 26, 2024) and the forecast for Saturday (July 27, 2024)... Published 27 Jul, 2024 07:16am
JI sit-in: Red Zone sealed by ICT admin ISLAMABAD: The Islamabad Capital Territory (ICT) administration on Friday sealed the Red Zone by placing containers... Published 27 Jul, 2024 07:13am
BR staffer Rafi’s mother passes away KARACHI: The mother of Business Recorder (BR) senior sub-editor Muhammad Rafi passed away yesterday after a ... Published 27 Jul, 2024 07:11am
Rally in F-9 Park: IHC asks administration to decide PTI’s application ISLAMABAD: The Islamabad High Court (IHC), Friday, directed the administration of the federal capital to decide... Published 27 Jul, 2024 07:10am
Capacity payment agreements with IPPs: Govt could face severe business disruptions: UBG KARACHI: Central President of the United Business Group, Zubair Tufail, has warned the government that if the... Published 27 Jul, 2024 07:08am
Speaker for bridging gap between Parliament, masses ISLAMABAD: National Assembly Speaker Sardar Ayaz Sadiq said that constitutional and parliamentary supremacy is the... Published 27 Jul, 2024 07:06am
Syedna Mufaddal praises principal of St Patrick’s School KARACHI: His Holiness Syedna Mufaddal Saifuddin, the spiritual leader of the Dawoodi Bohra community, graciously... Published 27 Jul, 2024 07:04am
One-window facilities: 40 counters to work in BOI BFC: Aleem ISLAMABAD: A Business Facilitation Center (BFC) being established under the banner of the Board of Investment (BOI),... Published 27 Jul, 2024 07:00am
ATC extends physical remand of Arooj LAHORE: An anti-terrorism court on Friday extended the physical remand of a woman suspect, Amina Arooj, in the... Published 27 Jul, 2024 06:58am
Court refused physical remand of PTI worker LAHORE: A city court on Friday refused physical remand of a PTI worker Aneela Riaz who assaulted a stage artist ... Published 27 Jul, 2024 06:56am
Pakistan-Iran relations: Foreign policy experts hope Masoud will stay on positive course ISLAMABAD: Foreign policy experts on Friday expressed the hope that the newly-elected Iranian President Dr Masoud... Published 27 Jul, 2024 06:54am
‘CM's Children's Emergency Care Program’ launched in Punjab LAHORE: Under the Chief Minister's Children's Emergency Care Program, the Punjab government has established... Published 27 Jul, 2024 06:52am
Commodities Gold prices climb KARACHI: The local gold prices on Friday saw a sizeable gain with global bullion value inching up, traders said.... Published 27 Jul, 2024 06:18am
Energy Electricity demand during peak hours registers ‘zero growth’: experts LAHORE: Demand for electricity during the peak hours has registered zero growth during the last three years due to... Published 27 Jul, 2024 06:18am
Cotton & Textile Cotton market: spot rate decreased by Rs500 per maund LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Friday decreased the spot rate by Rs 500... Published 27 Jul, 2024 06:18am
IPPs: one of the most difficult conundrums For decades the public at large has been agitating in futility against electricity tariff hikes and power cuts. This... Updated 27 Jul, 2024 07:26am
Migration is a mirage I know that in every young heart there is a desire to explore the world .For those who have never travelled there... Updated 27 Jul, 2024 07:27am
Sins of the past EDITORIAL: Surely, a senior Supreme Court (SC) justice speaks not just for himself but the entire judicial hierarchy... Published 27 Jul, 2024 06:18am
Record-breaking heat EDITORIAL: Climate change is driving up average world temperatures much beyond the Global Stock take assessment. ... Published 27 Jul, 2024 06:18am
Letters ‘When did Noah build the Ark?’ This is apropos a Business Recorder op-ed “When did Noah build the Ark?” carried by the newspaper on Thursday.... Published 27 Jul, 2024 06:18am
Energy Gas pipeline for industrial consumers: SAI praises SSGC KARACHI: Members of SITE Association of Industry have highly appreciated laying of dedicated 24 inch dia, 31-KM long... Published 27 Jul, 2024 06:18am
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 27 Jul, 2024 06:18am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (July 26,... Published 27 Jul, 2024 06:18am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Friday (July 26, 2024). ======================== Open Bid Rs... Published 27 Jul, 2024 06:18am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (July 26, 2024).... Published 27 Jul, 2024 06:18am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Friday (July 26, 2024). ==================================== BR... Published 27 Jul, 2024 06:18am
Companies ABHI attends global conference in China KARACHI: ABHI, an embedded finance platform, was honoured to be invited to participate in the 2024 Global Digital... Published 27 Jul, 2024 06:18am
Industry PFMA urges govt to notify wheat prices afresh LAHORE: The Pakistan Flour Mills Association (PFMA-Punjab) has asked the food department of Punjab to notify the... Published 27 Jul, 2024 06:18am
Taxes Taxpayers face problems at e-Sahulat centres KARACHI: The Sales tax registered taxpayers are encountering difficulties in obtaining biometric verification from... Published 27 Jul, 2024 06:18am
Property valuations and market rates EDITORIAL: About time the FBR (Federal Board of Revenue) directed its field formations to increase property ... Updated 27 Jul, 2024 07:24am
Money & Banking Meezan Bank, Haball sign referral arrangement agreement KARACHI: Meezan Bank has entered into a referral arrangement with Haball Pvt Ltd, a premier digital payments... Published 27 Jul, 2024 06:18am
Rates Bears tighten grip KARACHI: Pakistan Stock Exchange witnessed a bearish trend on the second consecutive day due to selling pressure on... Published 27 Jul, 2024 06:16am
Refinery project: Sinopec, Aramco not satisfied with PSO data ISLAMABAD: M/s Sinopec, China’s Petroleum Refineries Company, and Saudi giant, M/s Aramco, are reportedly not... Updated 27 Jul, 2024 09:02am
Nepra tells KE: ‘Load-shedding only when necessary’ ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has directed the K-Electric (KE) to carry out... Updated 27 Jul, 2024 12:54pm
PTI postpones Islamabad protest until Monday ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) has announced the postponement of its planned protest in Islamabad,... Published 27 Jul, 2024 06:16am
Taxes Pakistan’s incidence of tax on salaried class 3 times higher than India’s: PBC A comparison... Published 27 Jul, 2024 06:16am
Pakistan rejects Modi’s belligerent remarks ISLAMABAD: Pakistan, on Friday, rejected Indian Prime Minister Narendra Modi’s belligerent remarks and advised ... Published 27 Jul, 2024 06:16am
Reserved seats: PTI submits list of 67 women, 11 minority candidates ISLAMABAD: Days after Supreme Court of Pakistan set aside the Peshawar High Court and election commission verdicts... Updated 27 Jul, 2024 09:36am
Gandapur says ‘won’t allow any operation’ in KP PESHAWAR: Chief Minister Khyber Pakhtunkhwa Sardar Ali Amin Khan Gandapur, on Friday paid a visit to district Bannu... Updated 27 Jul, 2024 09:25am
5-member JIT to probe PTI social media’s campaign ISLAMABAD: Prime Minister Shehbaz Sharif on Friday formed a five-member joint investigation team (JIT) to probe into... Updated 27 Jul, 2024 09:18am
SECP survey: Digital insurance premiums show dismal picture ISLAMABAD: The total premiums for insurance distributed through digital channels stood at Rs842 million in 2023... Updated 27 Jul, 2024 09:17am
CPJ says deeply concerned at killing of BD journalists NEW YORK: The Committee to Protect Journalists has called on Bangladesh authorities to investigate the killings of... Published 27 Jul, 2024 06:16am
Revival of PSM nearly impossible, NA panel told ISLAMABAD: The Ministry of Industries and Production secretary on Friday informed that it is virtually impossible to... Updated 27 Jul, 2024 09:01am
Stocks Dow leads Wall St revival after inflation data; tech stocks recoup losses NEW YORK: Wall Street bounced back on Friday with the blue-chip Dow leading the charge as some megacap tech and chip... Published 27 Jul, 2024 06:16am
Stocks European shares end higher as earnings barrage impresses PARIS: European shares closed higher on Friday, boosted by an earnings-driven advance across several sectors... Published 27 Jul, 2024 06:16am
Stocks Japan’s Nikkei rebounds from three-month low TOKYO: Japan’s Nikkei share average traded higher on Friday, snapping a seven-day losing streak, as investors... Published 27 Jul, 2024 06:16am
Terrorist killed in NWA IBO RAWALPINDI: Security forces conducted an intelligence-based operation in North Waziristan District on reported... Published 27 Jul, 2024 06:16am
SAU for joint research with China to combat Panama Wilt disease HYDERABAD: Sindh Agriculture University (SAU) has proposed collaborative research effort with Chinese experts to... Published 27 Jul, 2024 06:16am
LHC disposes of Bushra’s plea LAHORE: The Lahore High Court on Friday disposed of a petition of Bushra Bibi the jailed wife of former PTI chairman... Published 27 Jul, 2024 06:16am
Govt ready to hold talks with JI: Tarar ISLAMABAD: Minister for Information, Broadcasting, Culture, and National Heritage Attaullah Tarar, on Friday,... Published 27 Jul, 2024 06:16am
China briefed about govt-IMF engagements BEIJING: Senator Muhammad Aurangzeb Minister for Finance and Revenue and Sardar Awais Ahmad Khan Leghari Minister... Updated 27 Jul, 2024 10:11pm
Far behind $17.619bn annual target: $9.811bn borrowed from multiple financing sources in FY24 If IMF and UAE inflows are added, total inflows would reach $13.804 billion during fiscal year 2023-24 against target of $17.619 billion Updated 27 Jul, 2024 10:11pm
NA panel told: China, KSA likely to roll over $9bn loans ISLAMABAD: China and Saudi Arabia are likely to roll over $9 billion in loans to Pakistan in the current fiscal year... Updated 27 Jul, 2024 11:47pm
G20 financial chiefs to flag global economic ‘soft landing’ RIO DE JANEIRO: G20 financial leaders will say on Friday there is a rising likelihood of a global economic “soft... Published 27 Jul, 2024 06:16am
SBP widely seen cutting rates KARACHI: Central bank will likely cut its key interest rate again on Monday in its first policy meeting following ... Published 27 Jul, 2024 06:16am
Flood damaged houses in Sindh: ADB approves $400m concessional loan ISLAMABAD: The Asian Development Bank (ADB) approved a $400 million concessional loan to support the reconstruction... Published 27 Jul, 2024 06:16am
Pakistan, China discuss finance cooperation BEIJING: China’s central bank governor Pan Gongsheng on Friday met with Pakistan’s Finance Minister Muhammad... Published 27 Jul, 2024 06:16am
Weekly SPI inflation up 0.17pc ISLAMABAD: The Sensitive Price Index (SPI)-based inflation for the week ended July 25, 2024, increased by 0.17 per... Updated 27 Jul, 2024 08:44am
Money & Banking Yen bags limelight with strongest week in 3 months LONDON/SINGAPORE: The yen headed for its biggest weekly gain since late April on Friday as traders unwound long-held... Published 27 Jul, 2024 06:16am
Money & Banking Asian currencies: South Korean won, Indonesian rupiah slip JAKARTA: Among currencies, the South Korean won and the Indonesian rupiah slipped around 0.3% and 0.2%, ... Published 27 Jul, 2024 06:16am
Money & Banking Indian rupee ends at record low MUMBAI: The Indian rupee closed at an all-time low on Friday, pressured by strong dollar demand from local oil... Published 27 Jul, 2024 06:16am
Companies Zindigi launched industry-first real-time Advance Salary+ feature KARACHI: Zindigi has launched the industry-first real-time Advance Salary+ feature, which offer up to 12-month loans... Published 27 Jul, 2024 06:16am
Taxes Salaried class: Tax rate hikes could undermine govt revenue: PRIME Plus ISLAMABAD: The increase in income tax rates for salaried class will incentivize non-compliance and undermine the... Published 27 Jul, 2024 06:16am
Industry SBCA to set up help desk at NKATI KARACHI: The Sindh Building Control Authority (SBCA) will introduce a one-window facility to address construction... Published 27 Jul, 2024 06:16am
Teams sail down Seine in rain-soaked Olympics opening ceremony PARIS: Thousands of Olympic competitors cruised down the River Seine in a spectacular opening ceremony for the Paris... Published 27 Jul, 2024 05:45am
Fire in Karachi high-rise building KARACHI: A fire broke out in a multi-story building here Friday, damaging a few offices. As per initial details, the... Updated 27 Jul, 2024 07:02am
New wave of monsoon rains to drench country KARACHI: A new wave of monsoon rains is set to drench the country from this Saturday night into next week, the Met... Updated 27 Jul, 2024 07:10am
17 held following clash in two Bugti groups KARACHI: Police sprung into action and arrested as many as 17 people in raids on Friday conducted at several... Updated 27 Jul, 2024 07:15am
Industry Kakar elected president of FPCCI’s think tank LAHORE Pakistan’s business community on Friday elected former Prime Minister Anwar-ul-Haq Kakar as President of... Updated 27 Jul, 2024 07:13am
Heavy rain in Lahore inundates low-lying areas LAHORE: The provincial capital received heavy rain in the wee hours of Friday, which inundated low-lying areas and... Updated 27 Jul, 2024 07:15am
