Economic policy and central bank independence Unfortunately, economic policy globally is settled on very unsettling fundamentals, and rather than fixing this, the... Published 23 Aug, 2024 03:33am
The challenge of disinformation The internet has led the world to an unprecedented revolution, fundamentally transforming how we access and share... Published 23 Aug, 2024 03:33am
Dismal performance of election tribunals EDITORIAL: A little over six months on from the February 8 general elections, the Pakistanis would have expected ... Published 23 Aug, 2024 03:33am
The cost of shutdowns EDITORIAL: Islamabad was virtually disconnected from the rest of the country by law enforcement agencies because of... Published 23 Aug, 2024 03:33am
Key IT infrastructure projects: Senate body raises concerns over delays ISLAMABAD: The Senate Standing Committee on Information Technology on Thursday raised serious concerns over delays ... Published 23 Aug, 2024 03:24am
Europe Environmental group lawsuit accuses Finland govt of climate inaction HELSINKI: A group of environmental and rights organisations said Thursday that they were suing the Finnish ... Published 23 Aug, 2024 03:24am
South Asia China urges citizens in Lebanon to leave ‘as soon as possible’ BEIJING: China on Thursday urged its citizens in Lebanon to leave “as soon as possible”, according to an embassy... Published 23 Aug, 2024 03:24am
Middle East Qatar prime minister to visit Iran in coming days, Tasnim report says DUBAI: Qatar’s prime minister will visit Iran in the coming days, Iran’s semi-official Tasnim news agency... Published 23 Aug, 2024 03:24am
Harris’ multiracial roots reflect changing US demographics CHICAGO: The daughter of a Jamaican father and Indian mother, both immigrants, Kamala Harris reflects the United... Published 23 Aug, 2024 03:24am
South Asia Bangladesh floods maroon nearly three million people, kill two DHAKA: Relentless monsoon rains and flooding have stranded nearly three million people in Bangladesh and killed two,... Published 23 Aug, 2024 03:24am
Israeli demands for troops in Gaza blocking truce deal DOHA/BEIRUT: Disagreements over Israel’s future military presence in Gaza and over Palestinian prisoner releases... Published 23 Aug, 2024 03:24am
Margalla Hills National Park: SC orders wildlife board to take over eateries on Sept 11 ISLAMABAD: The Supreme Court ordered the Islamabad Wildlife Management Board that with the full assistance of ... Published 23 Aug, 2024 03:24am
Oil prices gain 2pc NEW YORK: Oil prices rose on Thursday, as expectations for a US interest rate cut in a few weeks fuelled a rebound... Published 23 Aug, 2024 03:24am
Alleged involvement in RPM: CCP issues show- cause notices to GM Cables & Pipes, Newage Cables ISLAMABAD: The Competition Commission of Pakistan (CCP) has issued show cause notices to GM Cables & Pipes (Pvt)... Published 23 Aug, 2024 03:24am
25 public-sector varsities: PUASA highlights need for rigorous scrutiny of candidates vying for VC positions LAHORE: The Punjab University Academic Staff Association (PUASA) on Thursday released a comprehensive white paper on... Published 23 Aug, 2024 03:24am
RUDA CEO unveils vision for revitalized Ravi LAHORE: Ravi Urban Development Authority (RUDA) Chief Executive Officer Imran Amin has said that the key objective ... Published 23 Aug, 2024 03:24am
Punjab imposes harsher penalties on kite flying, kite making and kite transportation LAHORE: The Punjab government has tightened its crackdown on kite flying, declaring kite making, flying, and... Published 23 Aug, 2024 03:24am
Punjab EPD demolishes 209 brick kilns for violating law LAHORE: The Punjab Environment Protection Department (EPD) has demolished 209 brick kilns across the province,... Published 23 Aug, 2024 03:24am
FIA granted 4-day physical remand of Orya Maqbool LAHORE: A city magistrate on Thursday granted four-day physical remand of an anchorperson Orya Maqbool Jan to the... Published 23 Aug, 2024 03:24am
CM directs elimination of crime hotspots across Punjab LAHORE: Punjab Chief Minister Maryam Nawaz has directed the authorities concerned to take swift action to eliminate... Published 23 Aug, 2024 03:24am
Customs dept has failed to prove digits of chassis of crane were tampered with LAHORE: The Customs department has failed to prove tampering with the digits of the chassis of a crane confiscated ... Published 23 Aug, 2024 03:24am
Report submission sought: NA body directs IPC secy to reverse all PSB illegal orders/decisions ISLAMABAD: The National Assembly’s Standing Committee on Inter-Provincial Coordination directed the secretary of... Published 23 Aug, 2024 03:24am
COAS emphasises significance of education, critical thinking & innovation ISLAMABAD: Chief of Army Staff (COAS), General Syed Asim Munir on Thursday emphasised the significance of education,... Published 23 Aug, 2024 03:24am
Disabled male heir: President directs EOBI to ensure lifelong pension payment ISLAMABAD: President Asif Ali Zardari has directed the Employees’ Old Age Benefits Institution (EOBI) to ensure... Published 23 Aug, 2024 03:24am
PTI reschedules rally for Sept 8 after NOC cancellation, closure of roads ISLAMABAD: The much trumpeted public rally on the call of jailed Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan... Published 23 Aug, 2024 03:24am
Rally postponement: Aleema slams Swati for visiting IK in Adiala jail ISLAMABAD: The dramatic turn of events involving Pakistan Tehreek-e-Insaf (PTI) rally saw the initiation of yet... Published 23 Aug, 2024 03:24am
PARTLY FACETIOUS: Lewinsky presented an unwashed dress as evidence “Freedom is valued by all.” “Indeed it is – be it lack of freedom due to external factors or internal... Published 23 Aug, 2024 03:24am
Bodies of 5 Afghans found in Pakistan returned to families ISLAMABAD: Five bullet-riddled bodies found hanging from an electric pole in southwestern Pakistan last week were... Published 23 Aug, 2024 03:24am
ECP declares Aimal as ANP president ISLAMABAD: A day after Awami National Party (ANP) announced to move court against the electoral entity over not... Published 23 Aug, 2024 03:24am
‘Red Zone’ sealed in view of protest by religious parties, PTI ISLAMABAD: Life in the federal capital came to a standstill following the roads’ blockage by law enforcement... Published 23 Aug, 2024 03:24am
SSGC announces 24-hour gas holiday KARACHI: The Sui Southern Gas Company (SSGC) has announced 24-hour gas holiday for all industries including their... Published 23 Aug, 2024 03:24am
The Weather KARACHI: The weather report on Thursday (August 22, 2024) and the forecast for Friday (August 23, 2024)... Published 23 Aug, 2024 03:24am
Shehbaz, Bilawal take stock of situation ISLAMABAD: Prime Minister Shehbaz Sharif met with Bilawal Bhutto Zardari, Chairman of the Pakistan People’s Party,... Published 23 Aug, 2024 03:24am
Dar congratulates new Iranian FM ISLAMABAD: Foreign Minister Ishaq Dar on Thursday congratulated his Iranian counterpart Seyed Abbas Araghchi on... Published 23 Aug, 2024 03:24am
Old city trade bodies support August 28 strike KARACHI: The old city trade associations on Thursday announced their support for August 28 strike and resented the... Published 23 Aug, 2024 03:24am
Defence Production: Javaid Iqbal made NA body chairman ISLAMABAD: The National Assembly Standing Committee on Defence Production, unanimously, elected Javaid Iqbal, MNA, ... Published 23 Aug, 2024 03:24am
281st Urs held: CM emphasises importance of Shah Latif Bhittai’s teachings HYDERABAD: Sindh Chief Minister Syed Murad Ali Shah while talking to the media after visiting the shrine on the... Published 23 Aug, 2024 03:24am
Letters A highly questionable decision Prime Minister Shehbaz Sharif has reappointed Dr Mukhtar Ahmed as chairman of the Higher Education Commission (HEC)... Published 23 Aug, 2024 03:24am
Navigating the next decade: solutions for Pakistan’s resilience As Pakistan steps into the next decade, the nation faces a series of critical challenges that will shape its future.... Published 23 Aug, 2024 03:24am
Stocks Sri Lankan shares fall for fourth straight session COLOMBO: Sri Lankan shares dropped for a fourth straight session on Thursday, hurt by information technology ... Published 23 Aug, 2024 03:24am
Stocks Wall Street slips as yields perk up NEW YORK: Wall Street’s main indexes fell in volatile trading on Thursday, as rising Treasury yields pressured... Published 23 Aug, 2024 03:24am
Stocks European stocks rise on rate cut hopes PARIS: Europe’s main stock index climbed on Thursday, with healthcare and retail stocks leading the charge, while... Published 23 Aug, 2024 03:24am
Stocks China stocks fall as EV stocks dragged lower by trade tensions SHANGHAI: China stocks fell on Thursday, flirting with five-month lows, as trade tensions hit electric vehicle... Published 23 Aug, 2024 03:24am
Stocks Gulf markets gain on hopes of early US Fed rate cut DUBAI: Most stock markets in the Gulf ended higher on Thursday, after US Federal Reserve minutes signalled... Published 23 Aug, 2024 03:24am
Stocks Nikkei ends at 3-week high TOKYO: Japan’s Nikkei share average closed at a three-week high on Thursday, recovering from the index’s ... Published 23 Aug, 2024 03:24am
Rates Activities of Karachi Port Trust, Port Qasim KARACHI: The Karachi Port Trust handled 94,428 tonnes of cargo comprising 41,989 tonnes of import cargo and 52,439... Published 23 Aug, 2024 03:24am
Rates LME official prices LONDON: The following were Wednesday official prices. ========================================= ALUMINIUM... Published 23 Aug, 2024 03:24am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Thursday (August 22, 2024). ========================== KIBOR... Published 23 Aug, 2024 03:24am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 22, 2024).... Published 23 Aug, 2024 03:24am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (August 22, 2024). ==================================== BR... Published 23 Aug, 2024 03:24am
Rates Upward trajectory persists KARACHI: Pakistan Stock Exchange on Thursday witnessed a bullish trend and closed on strong positive note with... Published 23 Aug, 2024 03:24am
‘Controversial paragraphs’ in Mubarak Sani case decision: Joint appeal of federal, Punjab govts allowed ISLAMABAD: The Supreme Court accepting the federal government’s petition expunged the objectionable paras from its... Updated 23 Aug, 2024 09:10am
Foreign assets: Lahore ATIR issues order in favour of taxpayer ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) Lahore has declared that any undisclosed foreign asset or... Updated 23 Aug, 2024 09:12am
Energy PBIF lauds Punjab govt for giving power bill relief KARACHI: Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President Pakistan Businessmen... Published 23 Aug, 2024 03:24am
Commodities Gold prices hit new highs KARACHI: The local gold prices on Thursday continued to hit the new highs, despite the global bullion value has... Published 23 Aug, 2024 03:24am
Commodities Gold slips as dollar, yields rebound BENGALURU: Gold prices fell more than 1% on Thursday, pressured by a rebound in the dollar and higher Treasury... Published 23 Aug, 2024 03:24am
Energy US natgas prices slide NEW YORK: US natural gas futures slid about 3% to a two-week low on Thursday on forecasts for less hot weather over... Published 23 Aug, 2024 03:24am
Commodities Aluminium steadies after hitting six-week high LONDON: Aluminium prices steadied on Thursday after hitting a six-week high earlier in the session, as a stronger... Published 23 Aug, 2024 03:24am
Commodities Japanese rubber futures climb on China demand hopes SINGAPORE: Japanese rubber futures rose on Thursday to their highest in more than two months, buoyed by signs of... Published 23 Aug, 2024 03:24am
Commodities Asia rice: Tight supply lifts Vietnam rates but demand woes persist BENGALURU /MUMBAI/BANGKOK/HANOI AND BANGLADESH: Rice export prices in major Asian hubs edged up this week, with ... Published 23 Aug, 2024 03:24am
Commodities Malaysian palm oil futures rise on Dalian strength, Indonesia biodiesel plan JAKARTA: Malaysian palm oil futures rose for a second straight session on Thursday, underpinned by gains in Dalian... Published 23 Aug, 2024 03:24am
Commodities Chicago wheat rises as Canadian rail stoppage disrupts exports LONDON/CANBERRA: Chicago wheat futures edged higher on Thursday as Canadian railway operators shut down their rail... Published 23 Aug, 2024 03:24am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday, (August 22, 2024)... Published 23 Aug, 2024 03:24am
Cotton & Textile Slow business on cotton market LAHORE: The local cotton market on Thursday remained steady and the trading volume remained a little bit low. ... Published 23 Aug, 2024 03:24am
Commodities Iron ore extends gains on fresh Chinese property support BEIJING: Iron ore futures extended gains on Thursday, underpinned by fresh support to top consumer China’s ... Published 23 Aug, 2024 03:24am
Commodities PMEX daily trading report KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR20.219 ... Published 23 Aug, 2024 03:24am
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 23 Aug, 2024 03:24am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 23 Aug, 2024 03:24am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Thursday (August 22, 2024). ======================== Open Bid... Published 23 Aug, 2024 03:24am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (August 22, 2024).... Published 23 Aug, 2024 03:24am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (August 22, 2024)... Published 23 Aug, 2024 03:24am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Thursday (August 22, 2024). ======================================= Offset... Published 23 Aug, 2024 03:24am
Reforms in aviation sector reviewed: PM for further improvement in facilities at airports ISLAMABAD: Prime Minister Shehbaz Sharif has directed that the facilities for passengers, tourists and overseas... Updated 23 Aug, 2024 09:26am
Aurangzeb holds virtual meeting with Group CEO of DIB ISLAMABAD: Finance Minister Muhammad Aurangzeb, held a virtual meeting with Dr Adnan Chilwan, Group CEO of Dubai... Updated 23 Aug, 2024 09:00am
‘Buna Raast’ will revolutionise remittances: PM ISLAMABAD: Prime Minister Shehbaz Sharif Thursday said Buna Raast – first Pakistan cross-border real-time payment... Updated 23 Aug, 2024 08:59am
MoF, SBP inform Senate panel: Govt borrowed from IMF at 5.09pc interest rate in 2023 Senate Standing Committee on Economic Affairs seeks details of utilisation of the loan Updated 23 Aug, 2024 11:28am
ECC allows export of 100,000 tonnes of sugar ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has decided to allow export of further 1 lakh... Published 23 Aug, 2024 03:24am
Adverse impact of budget on refineries policy: PD and FBR preparing a viable solution ISLAMABAD: The Petroleum Division and the Federal Board of Revenue (FBR) are reportedly preparing a viable solution... Updated 23 Aug, 2024 09:24am
Lift HSD or face consequences, Ogra warns PSO and others ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Thursday warned the Oil Marketing Companies (OMCs)... Updated 23 Aug, 2024 09:02am
Levy of Rs3.09/unit FCA: KE seeks Nepra’s approval ISLAMABAD: K-Electric has sought Nepra’s provisional approval to impose Fuel Charges Adjustment (FCA) at the rate of... Updated 23 Aug, 2024 09:04am
JUI to observe ‘day of gratitude’ today ISLAMABAD: Jamiat Ulema-e-Islam (JUI) chief Maulana Fazlur Rehman, Thursday, while appreciating the role of the... Updated 23 Aug, 2024 08:57am
Illegal tax recovery by FBR: President confirms FTO’s landmark order ISLAMABAD: President Asif Ali Zardari has confirmed a landmark order issued by Federal Tax Ombudsman (FTO) Dr Asif... Updated 23 Aug, 2024 08:58am
SBP’s reserves up $19m to $9.291bn KARACHI: The total liquid foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $19... Published 23 Aug, 2024 03:24am
Companies Engro announces strong results for first half KARACHI: Engro Corporation’s revenue from continued operations grew by 22 percent to Rs 178.8 billion versus Rs... Published 23 Aug, 2024 03:24am
French mayor impressed by ambition, drive of Pakistan’s entrepreneurial community LAHORE: Expressing his admiration for Pakistan’s entrepreneurial spirit, Christophe de Contenson, the Mayor of... Published 23 Aug, 2024 03:24am
Industry Rs33bn incremental subsidy on electricity: KATI president concerned over delay in release KARACHI: President of the Korangi Association of Trade and Industry (KATI), Johar Qandhari has raised concerns over... Published 23 Aug, 2024 03:24am
Money & Banking PBA, NADRA hold session on steps aimed at boosting cyber security in banking industry KARACHI: Pakistan Banks’ Association (PBA) and National Database and Registration Authority (NADRA) cohosted an... Published 23 Aug, 2024 03:24am
Industry KCCI elections to be held on Sept 21 KARACHI: The annual elections of Karachi Chamber of Commerce and Industry (KCCI) for the year 2024-26 for 30 vacant... Published 23 Aug, 2024 03:24am
Taxes PISMA seeks immediate withdrawal of new 2.5pc WHT KARACHI: The Pakistan Iron & Steel Merchants Association (PISMA) has issued an urgent appeal to the Federal ... Published 23 Aug, 2024 03:24am
Industry 3-day Pharma Asia Exhibition concludes KARACHI: The three-day 21st Pharma Asia Exhibition, the premier pharmaceutical exhibition in the region, ... Published 23 Aug, 2024 03:24am
Bidding for Islamabad Airport outsourcing: Date of submissions extended ISLAMABAD: The steering committee tasked to outsource Islamabad International Airport, on Thursday, extended... Published 23 Aug, 2024 03:24am
Money & Banking Dollar rebounds against euro NEW YORK: The dollar rebounded from a 13-month low against the euro on Thursday before Federal Reserve Chair Jerome... Published 23 Aug, 2024 03:24am
Money & Banking Asian currencies: Indonesian rupiah falls BENGALURU: The Philippine peso was the lone gainer among emerging Asian currencies on Thursday, while stocks in... Published 23 Aug, 2024 03:24am
Companies Nestle names Laurent Freixe new CEO ZURICH: Nestle is replacing Chief Executive Mark Schneider with long-serving executive Laurent Freixe, the company... Published 23 Aug, 2024 03:24am
Companies SLIC Summit unveils new digital services & communication framework KARACHI: The State Life Insurance Corporation of Pakistan (SLIC) on Thursday hosted SLIC Summit 2024, marking the... Published 23 Aug, 2024 03:24am
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer