Steel industry: govt urged to revisit agreements with IPPs ISLAMABAD: Exorbitant power tariffs and imposition of unjustified high-capacity charges have badly affected the ... Published 01 Aug, 2024 07:27am
Sindh minister says will help resolve issues facing industrial units KARACHI: Sindh Minister for Industries & Commerce Jam Ikramullah Khan Dharejo has announced to take a delegation... Published 01 Aug, 2024 07:27am
FESCO CEO says women in Islam treated with respect, honour FAISALABAD: Chief Executive Officer (CEO) Faisalabad Electric Supply Company (FESCO) Engr Muhammad Amir has said ... Published 01 Aug, 2024 07:27am
Rates of vegetables: CS Punjab seeks report on comparative evaluation of prices LAHORE: Taking notice of the difference in rates of vegetables in some districts, Chief Secretary Punjab Zahid ... Published 01 Aug, 2024 07:27am
CM for devising robust mechanism to keep prices of essential items in check LAHORE: Punjab Chief Minister Maryam Nawaz Sharif said on Wednesday asked the authorities concerned to devise a... Published 01 Aug, 2024 07:27am
Khalilur Rehman case: nine suspects remanded into police custody LAHORE: Anti-Terrorism Court on Wednesday remanded nine more suspects in police custody for their role in an alleged... Published 01 Aug, 2024 07:27am
Punjab minister unhappy with FIA for not properly handling her case LAHORE: Provincial Information Minister Azma Bokhari while expressing her concern said that her videos are being... Published 01 Aug, 2024 07:27am
Iranian CG calls on Punjab governor LAHORE: Consul General of Islamic Republic of Iran in Lahore, Mehran Movahed Far called on Punjab Governor, Sardar... Published 01 Aug, 2024 07:27am
Saudi budget deficit tops $4bn in Q2 DUBAI: Saudi Arabia’s budget deficit rose to 15.3 billion riyals ($4.09 billion) in the second quarter, almost... Published 01 Aug, 2024 07:27am
Disaster response and school meals programme: Sindh CM, WFP official agree to join hands KARACHI: Sindh Chief Minister Syed Murad Ali Shah and United Nations World Food Program (WFP) Country Director Ms... Published 01 Aug, 2024 07:27am
‘Textile sector exports struggle amid harsh taxation, high energy costs’ ISLAMABAD: Pakistan’s textile and clothing exports saw a slight increase of 0.93% in FY24, reaching $16.55 billion... Published 01 Aug, 2024 07:27am
State resources should be utilised to eliminate polio: PM ISLAMABAD: While regretting that Pakistan is one of the two countries faced with the challenge of polio, Prime... Published 01 Aug, 2024 07:26am
Heavy rain spell may trigger floods, landslides today KARACHI: A new heavy monsoon spell is anticipated to trigger floods and landslides across the country from Thursday... Published 01 Aug, 2024 07:24am
Two cops among 3 die in Khyber terrorist attack PESHAWAR: Three people including two policemen and a passer-by civilian were killed and three others including two... Published 01 Aug, 2024 07:22am
SECP releases report titled ‘Insured Pakistan: Pools Dynamics’ ISLAMABAD: To meet the objectives of the Insured Pakistan 5-year Strategic Plan, the Securities and Exchange... Published 01 Aug, 2024 07:21am
Condolence reference for Dhokhi ISLAMABAD: A condolence reference of Pakistan People’s Party (PPP) Chairman Bilawal Bhutto-Zardari’s Chief Media... Published 01 Aug, 2024 07:19am
Nutshell announces strategic expansion into ME KARACHI: Nutshell Group has announced its strategic expansion into the Middle East market under its commitment to... Published 01 Aug, 2024 07:17am
PTI team briefs Commonwealth SG about how it is being ‘persecuted’ ISLAMABAD: A delegation led by the Secretary General of the Commonwealth the Rt Hon Patricia Scotland called on the... Published 01 Aug, 2024 07:15am
US embassy reduces visa appointment time ISLAMABAD: The United States Embassy in Islamabad has taken an important step by reducing the US visa appointment... Published 01 Aug, 2024 07:11am
Govt is stable, says Naqvi ISLAMABAD: Interior Minister Mohsin Naqvi on Wednesday said that the government is stable and will continue in the... Published 01 Aug, 2024 07:10am
Terrorism case: ATC hands over Raoof Hasan to CTD ISLAMABAD: The Anti-Terrorism Court (ATC), on Wednesday, handed over Pakistan Tehreek-e-Insaf (PTI) Secretary... Published 01 Aug, 2024 07:06am
JI postpones planned protest before Sindh governor’s house ISLAMABAD: The Jamaat-e-Islami (JI) Pakistan, Wednesday, while condemning the assassination of Hamas Political Wing... Published 01 Aug, 2024 07:05am
Senate panel expresses displeasure over absence of minister ISLAMABAD: A meeting of the Senate Standing Committee on Kashmir and Gilgit-Baltistan Affairs has taken strong... Published 01 Aug, 2024 07:02am
Senate panel concerned about ‘poor’ quality of cellular mobile services ISLAMABAD: The Senate Standing Committee on Information Technology and Telecommunications expressed serious... Published 01 Aug, 2024 06:57am
‘Economic situation is showing signs of improvement’ ISLAMABAD: Barrister Aqeel Malik, the Government’s Spokesperson on Legal Affairs, on Wednesday said that the... Published 01 Aug, 2024 06:55am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (July 31, 2024). ==================================== BR... Published 01 Aug, 2024 06:50am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (July 31, 2024).... Published 01 Aug, 2024 06:50am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (July 31, 2024).... Published 01 Aug, 2024 06:48am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 01 Aug, 2024 06:47am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Wednesday (July 31, 2024). ========================== KIBOR... Published 01 Aug, 2024 06:46am
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 01 Aug, 2024 06:45am
The Weather KARACHI: The weather report on Wednesday (July 31, 2024) and the forecast for Thursday (August 01, 2024)... Published 01 Aug, 2024 06:44am
PTI rally: LHC asks DC to decide by Aug 2 LAHORE: The Lahore High Court on Wednesday asked the deputy commissioner Lahore to decide an application of Pakistan... Published 01 Aug, 2024 06:44am
Emanating from Afghanistan: UN team submits report about terrorist threat ISLAMABAD: The United Nations Security Council’s Analytical Support and Sanctions Monitoring Team has submitted ... Published 01 Aug, 2024 06:38am
Terrorism case: ATC directs jail authorities to present IK, Qureshi via video link ISLAMABAD: An Anti-Terrorism Court (ATC), on Wednesday, directed the Adiala jail authorities to present the... Published 01 Aug, 2024 06:34am
Arshad Sharif murder case: Absence of MLA with Kenya main hindrance, IHC told ISLAMABAD: The Inspector General of Islamabad Police and the Head of Special Joint Investigation Team (SJIT) ... Published 01 Aug, 2024 06:34am
Pakistan condemns assassination ISLAMABAD: Pakistan on Wednesday condemned the assassination of Ismail Haniyeh, the chief of the Political Bureau of... Published 01 Aug, 2024 06:06am
Internet services restored after disruption ISLAMABAD: Internet services went down on Wed-nesday across the country. The exact cause of the disruption could not... Published 01 Aug, 2024 06:06am
27 key points on IBIS: Wapda awards Rs21.534bn contract for telemetry system LAHORE: The Pakistan Water and Power Development Authority (WAPDA) has awarded contract worth Rs 21.534 billion for... Updated 01 Aug, 2024 10:04am
NDMA issues fresh flood advisory ISLAMABAD: The National Disaster Management Authority (NDMA), Wednesday, issued a fresh flood advisory advising the... Updated 01 Aug, 2024 10:00am
Omar expresses grief over Haniyeh martyrdom ISLAMABAD: The opposition leader in National Assembly Omar Ayub Khan on Wednesday expressed profound grief over the... Published 01 Aug, 2024 06:06am
NA Speaker praises ‘Women's Health Kits Project’ ISLAMABAD: The Speaker of the National Assembly of Pakistan Sardar Ayaz Sadiq attended the opening ceremony of the... Published 01 Aug, 2024 06:06am
‘Bail to a blasphemy accused’: NA panel discusses apex court ruling ISLAMABAD: A parliamentary panel on Wednesday discussed the apex court’s ruling to release a blasphemy accused on... Published 01 Aug, 2024 06:06am
Minister visits Shelter Home KARACHI: The Minister Social Welfare Mir Tariq Ali Talpur, visited the Sindh Child Protection Authority's Shelter... Published 01 Aug, 2024 06:06am
Khadijah Shah decides to relinquish her US citizenship ISLAMABAD: Pakistani-American fashion designer Khadijah Shah on Wednesday decided to relinquish her US citizenship ... Published 01 Aug, 2024 06:06am
KE removes over 130 illegal connections KARACHI: K-Electric (KE) has removed more than 130 kunda-based illegal connections along with 189 kg kunda wires in... Published 01 Aug, 2024 06:06am
ITP issues over 100,000 fines to motorcyclists ISLAMABAD: The Islamabad Traffic Police have issued over 100,000 fines to motorcyclists for riding without helmets... Published 01 Aug, 2024 06:06am
IoBM, New Horizon and Huawei Tech arrange event KARACHI: The Institute of Business Management (IoBM), New Horizon and Huawei Technologies on Wednesday held an event... Published 01 Aug, 2024 06:06am
Govt bans two more outfits for their involvement in terrorism ISLAMABAD: The government has banned two more organisations, taking the total number of proscribed outfits in the... Published 01 Aug, 2024 06:06am
Google Cloud ignites Pakistan's startup ecosystem KARACHI: Google Cloud, in collaboration with Tech Valley, successfully concluded its inaugural ‘Startup ... Published 01 Aug, 2024 06:06am
CIEC delegation praises academic, research advancements at SAU HYDERABAD: A high-level delegation from Sindh SHEC Charter Inspection and Evaluation Committee (CIEC), led by... Published 01 Aug, 2024 06:06am
Singapore’s Orchid Diplomacy: Benazir Bhutto honoured in book on flowers named after world leaders ISLAMABAD: Former prime minister Benazir Bhutto is among the world leaders who featured in a unique book ... Published 01 Aug, 2024 06:06am
Aurangzeb briefed about issues facing GB ISLAMABAD: Minister for Finance and Revenue Senator Muhammad Aurangzeb chaired the meeting of the committee on the... Published 01 Aug, 2024 06:06am
PARTLY FACETIOUS: The Rana versus the Brown Pope “I am arranging a wrestling match, and I am taking bets.” “I don’t get you! I mean, given that not a single... Published 01 Aug, 2024 06:06am
Pakistan Under-19 to take part in UAE tri-series LAHORE: The Pakistan men’s Under-19 cricket team will take on Afghanistan and hosts United Arab Emirates (UAE) in ... Published 01 Aug, 2024 06:06am
‘Whole world’ wants Russia at next peace summit: Zelensky RIVNE (Ukraine): The entire world, including Ukraine, wants Russia to join global leaders at a planned second peace... Published 01 Aug, 2024 06:06am
China revises drone export controls amid western scrutiny BEIJING: China will amend drone export controls from Sept.1, including adding high-precision measurement equipment ... Published 01 Aug, 2024 06:06am
Cyberattackers use easily available tools to target media sites, threaten press freedom NEW YORK: When exiled Russian news website Meduza was hit with a flood of internet traffic in mid-April, it set off... Published 01 Aug, 2024 06:06am
Venezuela shops shuttered, transport limited amid fears of more opposition arrests MARACAY/VALENCIA: Stores were closed and buses not running around much of Venezuela on Wednesday, as tensions over a... Published 01 Aug, 2024 06:06am
Trump sharpens his weapons against new rival Kamala Harris WASHINGTON: Forced to formulate a new electoral strategy less than 100 days before the US presidential election,... Published 01 Aug, 2024 06:06am
Middle East Hamas likely to absorb Haniyeh killing as Gaza wing fights on CAIRO: The assassination of Ismail Haniyeh in Iran strips Palestinian Islamist group Hamas of one of its sharpest... Published 01 Aug, 2024 06:06am
Effects of culture on economic outcomes One of the recent, lesser discussed occurrences that could affect Pakistan’s future economic trajectory is the... Updated 01 Aug, 2024 07:50am
Untangling energy crisis: the ‘misguided’ criticism of IPPs The narrative dominating Pakistan’s discourse on electricity prices has painted Independent Power Producers (IPPs)... Updated 01 Aug, 2024 07:52am
IPPs and capacity payments Let me ask some basic questions to start the discussion. What is the main issue with the Pakistani economy? Is it... Updated 01 Aug, 2024 07:31am
Rates Activities of Karachi Port Trust, Port Qasim KARACHI: The Karachi Port Trust handled 158,196 tonnes of cargo comprising 124,162 tonnes of import cargo and 34,034... Published 01 Aug, 2024 06:06am
PM talks about plan to attract FDI for IT Premier expresses determination to make Pakistan a leading country in domain of artificial intelligence infrastructure Updated 01 Aug, 2024 10:21am
FAs’ hiring, other tasks: Privatisation ministry seeks a budget of Rs8.169bn ISLAMABAD: The Ministry of Privatisation has sought a budget of Rs 8.169 billion for its privatisation-related... Updated 01 Aug, 2024 10:21am
PD blamed for IPP agreements: Sovereign contracts cannot be opened unilaterally: Nepra ISLAMABAD: Acknowledging difference of opinion within the authority on IPPs contracts, Nepra on Wednesday blamed the... Updated 01 Aug, 2024 09:49am
April & June 2024: Nepra confirms overbilling by KE, other Discos ISLAMABAD: The National Electric Power Regulatory Authority (Nepra), on Wednesday, certified overbilling by all... Updated 01 Aug, 2024 09:21am
Russian collaboration: Feasibility study sought to set up a new steel mill ISLAMABAD: A high level Committee, headed by the Minister for Planning, Development and Special Initiatives Ahsan... Updated 01 Aug, 2024 10:01am
Rates PSX stays bearish KARACHI: Pakistan Stock Exchange on Wednesday closed in a negative zone due to selling pressure as the investors... Published 01 Aug, 2024 06:06am
NA panel approves Elections Amendment Bill ISLAMABAD: The National Assembly Standing Committee on Parliamentary Affairs approved “The Elections (Second... Published 01 Aug, 2024 06:06am
Rs3bn more than target: Provisional collection exceeds Rs659bn in July ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected over Rs659 billion in July 2024 against... Updated 01 Aug, 2024 09:48am
Auction for serviceable old cars: No 18pc GST if tax paid at import stage: FBR ISLAMABAD: The Federal Board of Revenue (FBR) will not charge 18 percent sales tax on auction of serviceable old and... Updated 01 Aug, 2024 09:20am
ADB team, BISP official discuss proposed $300m package ISLAMABAD: The Asian Development Bank Fact-Finding Mission, Wednesday, called on Secretary Benazir Income Support... Updated 01 Aug, 2024 10:15am
Industry ‘Meagre’ cut in interest rate termed disappointing KARACHI: United Business Group (UBG) leadership, comprising S M Tanveer, Zubair Tufail, Khalid Tawab, Hanif Gohar,... Published 01 Aug, 2024 06:06am
Stability to precede growth EDITORIAL: The Federal Minister for Finance, Muhammad Aurangzeb, while addressing the Karachi Chamber of Commerce ... Updated 01 Aug, 2024 07:43am
TLP’s latest affront EDITORIAL: Its dangerous rhetoric and actions ignored by the state, the religio-political outfit, Tehreek-e-Labbaik... Updated 01 Aug, 2024 07:55am
Letters Haniyeh martyred in Iran: what next? The martyrdom of Ismail Haniyeh, along with the earlier loss of his sons, nephews, and niece, is profoundly sad,... Published 01 Aug, 2024 06:06am
Commodities Gold inches up KARACHI: The local gold prices on Wednesday posted some momentum with the global bullion value surpassing $2400 an... Published 01 Aug, 2024 06:06am
Stocks Nasdaq, S&P 500 ride chip-stock wave before Fed decision NEW YORK: The Nasdaq and the S&P 500 jumped around 2% on Wednesday, as investors hoped for hints from the ... Published 01 Aug, 2024 06:06am
Stocks European shares tread higher on ASML, earnings boost PARIS: European shares gained on Wednesday with heavyweight ASML jumping on a report that the Dutch chip equipment... Published 01 Aug, 2024 06:06am
Stocks China stocks jump on Politburo meeting SHANGHAI: China stocks jumped more than 2% on Wednesday, led by consumer and tech shares as investors welcomed a... Published 01 Aug, 2024 06:06am
Stocks Japan banks lead Nikkei higher after BOJ raises rates TOKYO: Japan’s Nikkei share average rose on Wednesday, helped by banks after the Bank of Japan raised interest... Published 01 Aug, 2024 06:06am
Energy US natgas prices slide on rising output NEW YORK: US natural gas futures slid about 3% on Wednesday on rising output and forecasts for less hot weather and... Published 01 Aug, 2024 06:06am
Grains EU wheat steadies after slide as harvest hit by more rain PARIS: Euronext wheat futures edged up on Wednesday, holding chart support after a six-session slide, as traders... Published 01 Aug, 2024 06:06am
Grains Chicago grains near 2020 lows on good crop outlook, demand doubts CHICAGO: Chicago corn, wheat and soybean futures fell on Tuesday to trade near their lowest since 2020 as US crop... Published 01 Aug, 2024 06:06am
Commodities Iron ore rises on China stimulus hopes SINGAPORE: Prices of iron ore futures rose on Wednesday on hopes of further monetary stimulus from top consumer ... Published 01 Aug, 2024 06:06am
Commodities PMEX daily trading report KARACHI: On Tuesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 22.797 billion... Published 01 Aug, 2024 06:06am
Commodities Japanese rubber futures end flat SINGAPORE: Japanese rubber futures ended flat on Wednesday after a two-day losing streak, as a volatile yen and... Published 01 Aug, 2024 06:06am
Commodities Copper up on weaker dollar, hopes for Chinese stimulus LONDON Copper prices rebounded on Wednesday on a weaker dollar and calls to boost consumption at a meeting of... Published 01 Aug, 2024 06:06am
Commodities Malaysian palm oil future drops on strong ringgit JAKARTA: Malaysian palm oil futures fell and posted a second straight monthly drop on Wednesday despite strong July... Published 01 Aug, 2024 06:06am
Commodities UGA cuts Ukraine 2024 grain, oilseeds crop forecast KYIV: Ukrainian grain traders union UGA cut Ukraine’s 2024 combined grain and oilseeds crop forecast by 2.8 ... Published 01 Aug, 2024 06:06am
Commodities Gold on track for monthly gain on Mideast fears BENGALURU: Gold prices were on track to register their best month since March on Wednesday led by geopolitical... Published 01 Aug, 2024 06:06am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (July 31, 2024)... Published 01 Aug, 2024 06:06am
Cotton & Textile Selective buying on cotton market LAHORE: The local cotton market on Wednesday remained firm and the trading volume remained a little bit low. Cotton... Published 01 Aug, 2024 06:06am
Energy Petrol price cut by Rs6.17, HSD’s by Rs10.86 ISLAMABAD: The federal government on Wednesday announced to slash the prices of petrol and high-speed diesel (HSD) ... Published 01 Aug, 2024 06:06am
Money & Banking UBS sues Bank of America for $200m over crisis-era mortgage costs NEW YORK: UBS sued Bank of America for $200 million on Wednesday, saying the second-largest US bank refused to cover... Published 01 Aug, 2024 06:06am
WTO chief sees ‘troubling times’ for trade GENEVA: The head of the World Trade Organization on Tuesday said global commerce was going through troubling times,... Published 01 Aug, 2024 06:06am
Govt raises Rs140bn through PIBs auction KARACHI: The federal government on Wednesday raised some Rs 140 billion through the sale of long-term investment... Updated 01 Aug, 2024 08:03am
