CPEC should be turned into model green BRI project: PCJCCI LAHORE: Moazzam Ghurki, President Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) stated that GREEN ... Published 16 Aug, 2024 08:31am
Nationwide tree-plantation drive launched LAHORE: Punjab Horticultural Authority (PHA), Capital Development Authority (CDA) Islamabad and Cheezious, a Proud... Published 16 Aug, 2024 08:25am
Taxes Tax dept has taxed entire undeclared sales shown under ‘amnesty’ LAHORE: The sales tax department has taxed the entire undeclared sales shown in amnesty after the taxpayer failed to... Published 16 Aug, 2024 08:24am
WCLA launches electric-cart service for tourists LAHORE: The Walled City of Lahore Authority (WCLA) on Thursday launched electric carts service for the tour of ... Published 16 Aug, 2024 08:22am
WHO warns more imported mpox cases likely in Europe soon COPENHAGEN: The World Health Organization said more imported Clade 1 mpox cases were likely to be confirmed in ... Published 16 Aug, 2024 06:56am
Turkey, Iraq sign accord on military, security, counter-terrorism cooperation ANKARA: Turkey and Iraq have signed a memorandum of understanding on military, security and counter-terrorism... Published 16 Aug, 2024 06:56am
US imposes sanctions targeting Houthi, Hezbollah trade, says Treasury Dept WASHINGTON: The United States on Thursday issued more sanctions targeting Houthi and Hezbollah trade networks, the ... Published 16 Aug, 2024 06:56am
Bajwa removed Faiz at the behest of the Sharifs: IK ISLAMABAD: The incarcerated Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan on Thursday said that former... Published 16 Aug, 2024 06:56am
Nawaz, PM take stock of situation LAHORE: The Pakistan Muslim League Nawaz (PML-N) held a consultative meeting here on Thursday to take stock of the... Published 16 Aug, 2024 06:56am
Pakistan: Army arrests three more ex-officers ISLAMABAD: In relation to the Field General Court Martial (FGCM) of Lieutenant General Faiz Hameed (retired), three... Published 16 Aug, 2024 06:56am
Sultan Ali Allana given Nishan-i-Khidmat KARACHI: President of Pakistan Asif Ali Zardari on the occasion of Pakistan’s 78th Independence Day has approved... Published 16 Aug, 2024 06:56am
South Asia BD will decide on seeking Hasina’s extradition DHAKA: As cases rise against her, including murder accusations, Bangladesh will decide whether to ask India to... Published 16 Aug, 2024 06:56am
COAS hosts reception in honour of ex-servicemen RAWALPINDI: Chief of the Army Staff General Syed Asim Munir has stressed the fundamental importance of unity and... Published 16 Aug, 2024 06:56am
Two poachers arrested from bank of River Ravi LAHORE: As part of a move against the illegal hunting and smuggling of rare and endangered turtles, the Punjab... Published 16 Aug, 2024 06:56am
Seven khwarij gunned down in Kurram IBO RAWALPINDI: The security forces gunned down seven khawarij during an intelligence-based operation (IBO) conducted in... Published 16 Aug, 2024 06:56am
Naya Nazimabad: Saylani Trust begins building new training facility KARACHI: The non-profit Saylani Welfare International Trust has announced the construction of School of Emerging... Published 16 Aug, 2024 06:56am
Blasphemy case: Panel urges apex court to review its verdict ISLAMABAD: A meeting of a parliamentary panel tasked to discuss the apex court’s verdict in a blasphemy case on... Published 16 Aug, 2024 06:56am
Companies SC dismisses appeal: Options Int’l deposits Rs6m penalty into national treasury ISLAMABAD: Following the Supreme Court of Pakistan, dismissed its appeal, M/s Options International deposited the ... Published 16 Aug, 2024 06:56am
Maryam for setting IT hubs in all districts LAHORE: Punjab Chief Minister Maryam Nawaz has directed the authorities concerned to award prizes to position ... Published 16 Aug, 2024 06:56am
Recovery of Adeel Bhatti: LHC adjourns proceedings till 20th LAHORE: The Lahore High Court on Thursday adjourned to August 20 the proceedings in a petition filed for recovery of... Published 16 Aug, 2024 06:56am
Production of Mashwani’s brothers: IHC provides another chance to federation ISLAMABAD: The Islamabad High Court (IHC), on Thursday, provided another opportunity to the federation to produce... Published 16 Aug, 2024 06:56am
ICT LG elections: submissions open from today ISLAMABAD: The submissions for local government elections in the federal capital are opening from today (Friday),... Published 16 Aug, 2024 06:56am
BLA terrorists killed Panjgur DC: CM QUETTA: Informing that Balochistan Liberation Army (BLA) terrorists had killed Panjgur Deputy Commissioner (DC) ... Published 16 Aug, 2024 06:56am
Independence Day celebrations: JS Bank donates electronic wheelchairs to differently-abled KARACHI: JS Bank, one of the fastest-growing banks in Pakistan, marked the nation’s 77th Independence Day with a... Published 16 Aug, 2024 06:56am
Solarization scheme: Gandapur inaugurates online apply system PESHAWAR: In a groundbreaking initiative aimed at alleviating energy challenges in low-income and remote areas, ... Published 16 Aug, 2024 06:56am
JI Karachi chief inaugurates park KARACHI: City’s chief of Jamaat-e-Islami, Monem Zafar has inaugurated a park entitled “I own Park” in... Published 16 Aug, 2024 06:56am
Adjacent areas of Chenab River: PM issues directives to deal with possible severe flooding ISLAMABAD: Prime Minister Shehbaz Sharif has directed federal and provincial disaster management authorities and... Published 16 Aug, 2024 06:56am
KPT celebrates Independence Day with zeal KARACHI: Karachi Port Trust (KPT) celebrated 77th Independence Day of Pakistan with national fervour, zeal and... Published 16 Aug, 2024 06:56am
Rs10bn for Nullahs victims, Rs12.72bn for Hub Canal: Sindh Cabinet approves setting up of ‘EPRA’ KARACHI: Sindh Chief Minister Syed Murad Ali Shah, presiding over a cabinet meeting, approved Rs10 billion for the... Published 16 Aug, 2024 06:56am
May 9 riots part of ‘larger conspiracy’ to create unrest: Sharjeel KARACHI: Sindh Senior Minister for Transport Sharjeel Memon said that the May 9 riots were part of a ‘larger... Published 16 Aug, 2024 06:56am
Several options for settlement of outstanding amounts against LDI operators under study ISLAMABAD: The government is contemplating upon several options on settlement of outstanding amounts of around... Updated 16 Aug, 2024 08:09am
Africa Mpox killed 548 people in DR Congo since start of 2024 DR CONGO: An mpox outbreak in the Democratic Republic of Congo has killed 548 people since the start of the year,... Published 16 Aug, 2024 06:56am
Middle East Gaza ceasefire talks resume in Doha as deaths top 40,000 DOHA: The United States hailed a “promising start” to Gaza ceasefire talks Thursday, as pressure mounted for a... Published 16 Aug, 2024 06:56am
South Asia Bangladesh mob beats ex-PM’s supporters DHAKA: Mobs vowing to guard Bangladesh’s student-led revolution roamed the site of a planned rally for ousted... Published 16 Aug, 2024 06:56am
Europe Ukraine, Russia both claim advances in Kursk region KYIV: Ukraine on Thursday claimed fresh advances in its cross-border offensive into Russia, where it said it had... Published 16 Aug, 2024 06:56am
Govts, militaries, telecommunications, judicial systems face more cyberattacks globally ISLAMABAD: A global cybersecurity company found that governments, military, telecommunications and judicial systems... Published 16 Aug, 2024 06:56am
Thank you and congratulations, Pakistan What does it say about any person at the helm of Pakistan’s fiscal affairs when the Business Confidence Survey –... Updated 16 Aug, 2024 10:57am
Natalie assumes charge as Dy Chief of Mission at US Embassy ISLAMABAD: Natalie A Baker has assumed the charge as Deputy Chief of Mission at US Embassy Islamabad, the embassy... Published 16 Aug, 2024 06:56am
Ministry confirms first suspected case of Mpox ISLAMABAD: The Ministry of National Health Services and Regulations, Thursday, confirmed first suspected case of... Published 16 Aug, 2024 06:56am
Gen Faiz’s arrest: Tarar says there will be more arrests LAHORE: Federal Minister for Information and Broadcasting Attaullah Tarar Thursday commended the Pakistan Army’s... Published 16 Aug, 2024 06:56am
Govt to hire director risk management for DMO ISLAMABAD: The government on Thursday decided to hire director risk management and other finance and management... Published 16 Aug, 2024 06:56am
PARTLY FACETIOUS: There are the elites who do a good lobbying job for their own interest “So the Omni guy Majeed has been given a national award.” “Not yet, but yes he is on the list.” “And the... Updated 16 Aug, 2024 07:19am
SC issues show-cause notice to Monal restaurant’s owner ISLAMABAD: The Supreme Court issued show cause notice to the owner of Monal Restaurant Luqman Ali Afzal for ... Published 16 Aug, 2024 06:56am
PTI leader Hammad Azhar resigns as Punjab president ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Hammad Azhar, who is in hiding, on Thursday announced his... Published 16 Aug, 2024 06:56am
The Weather KARACHI: The weather report on Thursday (August 15, 2024) and the forecast for Friday (August 16, 2024)... Published 16 Aug, 2024 06:56am
Stocks Stocks surge on fresh buying KARACHI: Pakistan Stock Exchange on Thursday witnessed a bullish trend on the back of fresh buying, mainly by local... Published 16 Aug, 2024 06:56am
Commodities Gold prices fall slightly KARACHI: The local gold prices on Thursday fell by an inch after the global bullion value hovered near $2450 an... Published 16 Aug, 2024 06:56am
Confronting the crisis: corruption, mismanagement, and the path forward Corruption stems from the absence or inadequacy of constitutional rule and leads to a breakdown in governance, which... Published 16 Aug, 2024 06:56am
Constitutionalism the only remedy “Even the most ardent purposivists must first and foremost primarily respect the actual text of a statute and should... Published 16 Aug, 2024 06:56am
Energy Chinese solar panels production to begin in Punjab by year end LAHORE: A Chinese solar energy company is setting up a solar panel manufacturing plant in Punjab and the... Published 16 Aug, 2024 06:56am
Stocks Wall St charges ahead as retail sales soothe slowdown fears NEW YORK: Wall Street’s main indexes jumped on Thursday, with the Nasdaq rising 2% after US retail sales data for... Published 16 Aug, 2024 06:56am
Stocks European shares led higher by tech, banks as US slowdown fears ease FRANKFURK: Technology and bank shares led Europe’s benchmark stock index more than 1% higher on Thursday, with ... Published 16 Aug, 2024 06:56am
Stocks Most Gulf markets in black on US rate-cut hopes DUBAI: Most stock markets in the Gulf ended higher on Thursday after benign US consumer inflation data overnight... Published 16 Aug, 2024 06:56am
Stocks China stocks end higher on stimulus hopes SHANGHAI: Mainland China stocks ended higher on Thursday, buoyed by hopes for more stimulus after a string of... Published 16 Aug, 2024 06:56am
Stocks Japan’s Nikkei rises as solid economic growth TOKYO: Japan’s Nikkei share average rose on Thursday, as data showed better-than-expected economic growth in the... Published 16 Aug, 2024 06:56am
Letters Arrest of Lt-Gen Faiz (retd): What’s next? The arrest news of Faiz Hameed and court martial proceedings against the former DG, ISI, and Corps Commander ... Updated 16 Aug, 2024 07:28am
Energy US natural gas futures rise NEW YORK: US natural gas futures rose more than 3% on Wednesday, supported by a drop in output and forecasts of... Published 16 Aug, 2024 06:56am
Commodities Japanese rubber futures down SINGAPORE: Japanese rubber futures dipped on Thursday, snapping a six-day rally as weak economic data from top... Published 16 Aug, 2024 06:56am
Commodities Copper prices climb on technical support, supply risks LONDON: Copper prices rose to a 10-day high on Thursday, supported by a break above key technical levels and... Published 16 Aug, 2024 06:56am
Rates Activities of Karachi Port Trust, Port Qasim KARACHI: The Karachi Port Trust handled 88,703 tonnes of cargo comprising 73,597 tonnes of import cargo and 15,106... Published 16 Aug, 2024 06:56am
Commodities Malaysian palm oil futures up on lower stocks SINGAPORE: Malaysian palm oil futures closed at their highest level in ten days on Thursday, as falling inventories... Published 16 Aug, 2024 06:56am
Commodities CBoT soybeans firm CHICAGO: Chicago soybeans rose on Wednesday, bouncing back on technical trading after hitting another four-year low,... Published 16 Aug, 2024 06:56am
Commodities Iron ore futures weaker BEIJING: Iron ore futures prices extended their declines to a fourth straight session on Thursday, hitting their... Published 16 Aug, 2024 06:56am
Commodities Gold rebounds as hopes for US Fed rate cut stay firm BENGALURU: Gold prices rose on Thursday, a day after US inflation data suggested the Federal Reserve might reduce... Published 16 Aug, 2024 06:56am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday, (August 16, 2024)... Published 16 Aug, 2024 06:56am
Cotton & Textile Modest business on cotton market LAHORE: The local cotton market on Thursday remained steady and the trading volume remained low. Cotton Analyst... Published 16 Aug, 2024 06:56am
Energy China’s July oil refinery output sinks SINGAPORE: China’s oil refinery output in July fell 6.1% from a year earlier, official data showed on Thursday,... Published 16 Aug, 2024 06:56am
Commodities PMEX daily trading report KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PK R28.465... Published 16 Aug, 2024 06:56am
Rates LME official prices LONDON: The following were Wednesday official prices. ========================================= ALUMINIUM... Published 16 Aug, 2024 06:56am
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 16 Aug, 2024 06:56am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 16 Aug, 2024 06:56am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 15, 2024).... Published 16 Aug, 2024 06:56am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (August 15, 2024)... Published 16 Aug, 2024 06:56am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Thursday (August 15, 2024). ======================================= Offset... Published 16 Aug, 2024 06:56am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (August 15, 2024). ==================================== BR... Published 16 Aug, 2024 06:56am
ECC says relief package through USC to continue Declares warehousing and logistic sector as an industry Updated 16 Aug, 2024 03:10pm
July textile group exports down 3.09pc to $1.27bn YoY ISLAMABAD: The country’s textile group exports decreased by 3.09 per cent in July 2024 and remained at $1.271... Published 16 Aug, 2024 06:56am
Appointments of CEO, CFO, CIA and CS: MoF conveys to line ministries and SOEs the guidelines ISLAMABAD: The Finance Ministry has conveyed to all line ministries and federal state-owned enterprises guidelines... Updated 16 Aug, 2024 03:15pm
Plan urbanisation, optimise development: ADB ISLAMABAD: Planning and managing urbanisation are critical for Pakistan to optimise socioeconomic development, says... Updated 16 Aug, 2024 09:11am
PIACL debt restructuring: Fair value impact to be recognised on PIAHCL portfolio as per IFRS-9: SBP KARACHI: In order to facilitate banks in executing the PIACL debt restructuring transaction, the State Bank of... Updated 16 Aug, 2024 09:13am
Oil rises nearly 2pc NEW YORK: Oil prices gained more than $1 a barrel on Thursday after US economic data allayed fears of recession in... Published 16 Aug, 2024 06:56am
Shehbaz govt may follow IK admin’s lead on IPPs ISLAMABAD: Prime Minister Shehbaz Sharif-led government is reportedly opting to go the same route as Imran Khan... Updated 16 Aug, 2024 08:42am
Filed on behalf of Star Hydro: Nepra returns CPPA-G’s tariff revision plea ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has returned CPPA-G’s tariff modification... Updated 16 Aug, 2024 09:10am
Auction for Ijarah Sukuk: PSX raises Rs119bn against Rs100bn target KARACHI: Pakistan Stock Exchange (PSX) has raised Rs 119 billion against a target of Rs 100 billion for Ministry of... Updated 16 Aug, 2024 09:13am
External debt-to-GDP ratio hits 6-year low KARACHI: Pakistan’s external debt to GDP ratio fell to 6 years low, ie, 26 percent at the end of the last fiscal... Updated 16 Aug, 2024 03:15pm
Internet slowdown: ministry, PTA fail to satisfy Senate body ISLAMABAD: Amid fear of billions of losses on account of slowdown of internet services in the country, the Ministry... Updated 16 Aug, 2024 09:30am
Cases of telecom operators: President upholds FTO’s decision ISLAMABAD: President Asif Ali Zardari has upheld the decision of Federal Tax Ombudsman (FTO) regarding cases of... Updated 16 Aug, 2024 09:33am
NA Speaker abolishes 220 ‘redundant’ posts ISLAMABAD: The National Assembly speaker has set a target of saving Rs1 billion annually in the budget of the... Updated 16 Aug, 2024 09:11am
Companies ZTE unveils its latest mobile innovations KARACHI: ZTE Corporation has unveiled its latest mobile innovations, the Nubia V60 Design and ZTE A55 Blade at an... Published 16 Aug, 2024 06:56am
Tanners Association chief urges govt to review contracts with IPPs KARACHI: Chairman, Pakistan Tanners Association (Southern Zone), Muhammad Shafi has taken a strong notice on ... Published 16 Aug, 2024 06:56am
Slow internet service affecting business activities badly: KCCI KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh, while expressing deep... Published 16 Aug, 2024 06:56am
Banking, financial transactions: Pakistan, Belarus to discuss ways to remove snags ISLAMABAD: Pakistan and Belarus are set to discuss ways to remove difficulties in financial transactions between the... Published 16 Aug, 2024 06:56am
Industry Govt urged to prioritize increasing poultry production LAHORE: The Vice President and Regional Chairman of the Federation of Pakistan Chambers of Commerce and Industry... Published 16 Aug, 2024 06:56am
Investment in Pakistan: Govt urged to collaborate with FPCCI LAHORE: S M Tanveer, Patron-in-Chief of the United Business Group (UBG) and former Punjab Minister, has made a... Published 16 Aug, 2024 06:56am
Taxes Dr Hamid made new Member Inland Revenue Policy ISLAMABAD: The government has appointed a seasoned tax official of the Inland Revenue Service Dr Hamid Ateeq Sarwar... Published 16 Aug, 2024 06:56am
Companies ADM Group keen to invest $250m for EVs manufacturing: CEO ISLAMABAD: ADM Group Chief Executive Officer (CEO) Yasir Bhambhani on Thursday said that the ADM Group was keen to... Published 16 Aug, 2024 06:56am
Companies Mobilink Bank partners with Systems Limited ISLAMABAD: Pakistan’s leading digital microfinance bank, Mobilink Bank, has partnered with Systems Limited to... Published 16 Aug, 2024 06:56am
July petroleum imports soar 60pc to $1.266bn yoy ISLAMABAD: Petroleum group imports witnessed 60 percent growth in July 2024 and remained $1.266 billion compared to... Published 16 Aug, 2024 06:56am
Power costs, import bans and RDs: Jam pledges to address the issues hurting businesses KARACHI Federal Minister for Commerce, Jam Kamal Khan has pledged the ministry’s full support in addressing the... Published 16 Aug, 2024 06:56am
Taxes Major sales tax fraud unearthed KARACHI: The Directorate of Internal Audit (Southern Region) has uncovered a major sales tax fraud involving Rs 11.3... Published 16 Aug, 2024 06:56am
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept