JI says will move the court to ensure devolution of powers to LG KARACHI: Jamaat-e-Islami (JI) on Tuesday announced its plans to seek court’s intervention to ensure the devolution... Published 04 Sep, 2024 08:28am
Member CCP held for alleged involvement in wheat scam ISLAMABAD: Federal Investigation Agency Anti-Corruption Circle Lahore has arrested Saeed Ahmed Nawaz, Member... Published 04 Sep, 2024 08:27am
Akhtar Mengal resigns from NA ISLAMABAD: In protest against the volatile situation in restive Balochistan, Balochistan National Party-Mengal... Published 04 Sep, 2024 08:26am
Taxes FPCCI says against any further increase in taxes KARACHI: Atif Ikram Sheikh, President FPCCI, has unequivocally stated that FPCCI vociferously opposed any further... Published 04 Sep, 2024 08:18am
Industry President KCCI inaugurates IFTECH Pakistan, Plasti & Pack Pakistan exhibition KARACHI: President Karachi Chamber of Commerce & Industry (KCCI), Iftikhar Ahmed Sheikh, inaugurated the 19th... Published 04 Sep, 2024 08:16am
Companies NBP and myZoi to enable financial inclusion KARACHI: National Bank of Pakistan (NBP) is proud to announce a strategic partnership with myZoi Financial Inclusion... Published 04 Sep, 2024 08:13am
Mongolia rolls out red carpet for Putin despite war crimes accusations ULAANBAATAR: Russian President Vladimir Putin was welcomed by honour guards and red carpets in the Mongolian capital... Published 04 Sep, 2024 08:08am
China, South Africa agree to seek balanced trade, more investments BEIJING: China and South Africa, whose top leaders met in Beijing, agreed to promote balanced trade and discussed... Published 04 Sep, 2024 08:04am
Industry US manufacturing mired in weakness; construction spending falls WASHINGTON: US manufacturing contracted at a moderate pace in August amid some improvement in employment, but a... Published 04 Sep, 2024 07:59am
South Asia India launches flood warning systems at Himalayan glacial lakes NEW DELHI: India is setting up high-tech warning systems at nearly 200 Himalayan glacial lakes at risk of bursting... Published 04 Sep, 2024 07:58am
Energy Pakistan’s first 220MW solar-wind RE project secures 7 bids KARACHI: K-Electric (KE), Pakistan’s only private electric utility, is building momentum towards doubling its ... Published 04 Sep, 2024 07:52am
Taxes FBR digitalization: PM sets up 10-member task force KARACHI: In a move to modernize the country’s tax system, Prime Minister Shahbaz Sharif has formed a task force... Published 04 Sep, 2024 07:50am
Taxes FBR suspends officials found ‘involved’ in refund scam ISLAMABAD: The Federal Board of Revenue (FBR) has suspended Commissioner-Inland Revenue (Refunds), Regional Tax... Published 04 Sep, 2024 07:48am
Cotton & Textile Cotton production falls by 60pc in a year: PCGA LAHORE: The latest cotton statistics released by the Pakistan Cotton Ginners Association (PCGA) till August 31,... Published 04 Sep, 2024 07:46am
‘Undue benefits’ to PEL: AGP asks PD to conduct inquiry ISLAMABAD: The Auditor General of Pakistan (AGP) has asked the Petroleum Division to conduct an inquiry and hold... Published 04 Sep, 2024 07:44am
Commodities Gold prices decline KARACHI: The local gold prices on Thursday saw a fall after the global bullion value declined below $ 2,500 an ... Published 04 Sep, 2024 07:30am
Letters ‘Innovative solutions to terrorism and extremism’ This is apropos this writer’s three letters to the Editor ‘Innovative solutions to terrorism and extremism’... Published 04 Sep, 2024 07:27am
Genocide the last refuge of the oppressor losing a conflict In King John, one of Shakespeare’s comparatively less mentioned plays, he says, “Your breath first kindled the... Published 04 Sep, 2024 07:22am
Selected or elected PMs? Despite being a constitutional democracy since August 14, 1973, mass confusion prevails in the mechanism of... Published 04 Sep, 2024 07:16am
Tax burdens and fiscal discipline After an inflation-ridden Fiscal Year 2023-24 (“FY24”), wherein the average inflation for the FY24 was 23.4%,... Published 04 Sep, 2024 07:06am
Mpox: no room for complacency EDITORIAL: With Pakistan recording two cases of mpox on consecutive days on August 31 and September 1, there are... Published 04 Sep, 2024 06:53am
Europe Dozens killed in Russian strike on Ukrainian city KYIV, Ukraine: At least 51 people were killed and hundreds injured in a Russian missile attack on the Ukrainian city... Published 04 Sep, 2024 06:38am
HS Umer Farooq honoured as one of Top 25 Changemakers in Asia KARACHI: HS Umer Farooq, founder of Boltay Huroof, has been recognized as one of the Top 25 Changemakers across Asia... Published 04 Sep, 2024 06:38am
Commodities Ukraine’s sugar output forecast to fall to 1.55m MT in 2024 KYIV: Ukraine’s white beet sugar output is likely to fall to 1.55 million metric tons in 2024 from 1.8 million ... Published 04 Sep, 2024 06:38am
Commodities Copper stumbles to two-week low on Chinese demand fears LONDON: Copper prices slumped to their lowest in more than two weeks on Tuesday, driven down by concerns that a weak... Published 04 Sep, 2024 06:38am
Commodities Japan rubber futures rebound on softer yen, firmer oil SINGAPORE: Japanese rubber futures recovered on Tuesday, buoyed by a weaker yen and higher oil prices, although ... Published 04 Sep, 2024 06:38am
IK moves IHC against possible military custody ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan, Tuesday, approached the Islamabad High Court (IHC)... Published 04 Sep, 2024 06:38am
Commanders reaffirm resolve against terrorism ISLAMABAD: The Pakistan military’s top brass on Tuesday emphasised that the Army, being a disciplined institution... Published 04 Sep, 2024 06:38am
Dar, Blome discuss broad range of bilateral, regional issues ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar met here and discussed A broad range of bilateral,... Published 04 Sep, 2024 06:38am
Issues facing Karachi to be resolved soon, PM tells MQM-P team ISLAMABAD: A delegation of the Muttahida Qaumi Movement, Pakistan (MQM-Pakistan), on Tuesday, called on Prime... Published 04 Sep, 2024 06:38am
Shifting of eateries from Margalla: SC reserves verdict ISLAMABAD: The Supreme Court reserved verdict on the review petitions of Monal Restaurant and others to shift... Published 04 Sep, 2024 06:38am
SECP warns public against fraudulent investment training courses ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a public alert regarding the... Published 04 Sep, 2024 06:38am
Rationalising energy sector must for relief to common man: NA Speaker ISLAMABAD: National Assembly Speaker Sardar Ayaz Sadiq said that Parliament is the right platform to deliberate upon... Published 04 Sep, 2024 06:38am
‘Punjab will be free from dengue virus soon’ LAHORE: Postgraduate Medical Institute (PGMI) Principal Prof Dr Muhammad Al-Fareed Zafar said on Tuesday that dengue... Published 04 Sep, 2024 06:38am
Alleged hate speech against CJP: Post-arrest bail plea of anchorperson rejected LAHORE: A sessions court on Tuesday rejected post-arrest bail plea of anchorperson Orya Maqbool Jan in a cybercrime... Published 04 Sep, 2024 06:38am
Meeting with BISP chairperson ISLAMABAD: Minority Wing members of Pakistan Peoples Party from Khyber Pakhtunkhwa called on BISP chairperson, a... Published 04 Sep, 2024 06:38am
Lahore Biennale Foundation to hold 3rd World Biennale LAHORE: The Lahore Biennale Foundation will hold its four-week third World Biennale from October 5 to November 8,... Published 04 Sep, 2024 06:38am
IBA hosts lecture on ‘Printing Holy Texts’ KARACHI: Institute of Business Administration (IBA), Karachi hosted a lecture on “Printing Holy Texts: The Case of... Published 04 Sep, 2024 06:38am
Fawad urges ECP for leniency like PML-N leaders ISLAMABAD: Former Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry has urged the electoral body to be lenient... Published 04 Sep, 2024 06:38am
City police fire tear gas on protesters of Pak-PWD ISLAMABAD: The city police on Tuesday resorted to baton charge and fired tear gas shells at the protesting Pakistan... Published 04 Sep, 2024 06:38am
5 die in Balochistan, 4 in KP in rain related incidents QUETTA: Five children died across Balochistan while four people lost their lives in Khyber Pakhtunkhwa over the past... Published 04 Sep, 2024 06:38am
Stocks European shares fall as US data rekindles growth worries PARIS: Europe stocks fell on Tuesday in their worst session in nearly a month, as US manufacturing data brought... Published 04 Sep, 2024 06:38am
Stocks Japan’s Nikkei slips as yen gains TOKYO: Japan’s Nikkei share average edged lower on Tuesday as a firmer yen weighed on investor sentiment, although... Published 04 Sep, 2024 06:38am
Stocks Shanghai stocks close near seven-month low SHANGHAI: Shanghai shares ended at their lowest levels in nearly seven months on Tuesday, weighed down by banking ... Published 04 Sep, 2024 06:38am
Commodities PMEX daily trading report KARACHI: OnMondayat PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR15.325 billion and... Published 04 Sep, 2024 06:38am
Commodities Palm ends flat on China’s anti-dumping probe JAKARTA: Malaysian palm oil futures closed flat on Tuesday, on the news that China will start an anti-dumping probe... Published 04 Sep, 2024 06:38am
PSMA urges govt to resolve Pak-Afghan border closure issue LAHORE: The Pakistan Sugar Mills Association (PSMA-Punjab Zone) has requested the government to immediately resolve... Published 04 Sep, 2024 06:38am
Sindh govt providing several incentives for investment: Dharejo KARACHI: Provincial Minister for Industries and Commerce Jam Ikramullah Dharejo has said that the provincial... Published 04 Sep, 2024 06:38am
Judicial remand of Amna Urooj extended LAHORE: An Anti-Terrorism Court (ATC) on Tuesday extended judicial remand of Amna Urooj the prime suspect in a case... Published 04 Sep, 2024 06:38am
Sindh PA passes resolution against illegal immigration KARACHI: The Sindh Assembly on Tuesday unanimously passed a resolution condemning illegal immigration, while MQM... Published 04 Sep, 2024 06:38am
Balochistan: August 26 terrorist attacks jointly carried out by banned outfits: minister ISLAMABAD: Interior Minister Mohsin Naqvi on Tuesday said that the multiple terrorist attacks witnessed by... Published 04 Sep, 2024 06:38am
PARTLY FACETIOUS: Politicians must talk amongst themselves to resolve the deadlock “The airwaves are full of discussions on who is agreeable to negotiating with whom?” “Well, The Man Who Must Remain... Updated 04 Sep, 2024 07:23am
The Weather KARACHI: The weather report on Tuesday (September 03, 2024) and the forecast for Wednesday (September 04, 2024)... Published 04 Sep, 2024 06:38am
Advance tax: FBR asks traders to give alternative solution to valuation table ISLAMABAD: The Federal Board of Revenue (FBR), Tuesday, asked traders to give alternative solution to the valuation... Updated 04 Sep, 2024 09:12am
Rs25bn recoveries from trade groups: CPPA-G rejects changes to Nepra determinations ISLAMABAD: The Central Power Purchasing Agency–Guaranteed (CPPA-G) has opposed any change in determinations of NEPRA... Updated 04 Sep, 2024 08:49am
Pakistan not on IMF agenda till Sept 13 ISLAMABAD: The International Monetary Fund (IMF) has not yet included Pakistan on the agenda of its executive board... Updated 04 Sep, 2024 08:50am
Bill aimed at clipping SC suo motu powers introduced ISLAMABAD: A total of eight bills were introduced in the National Assembly on private members’ day regarding... Updated 04 Sep, 2024 09:14am
Ministries, Divs barred from releasing funds for new projects ISLAMABAD: The Ministry of Planning, Development and Special Initiatives has barred ministries/Divisions from... Updated 04 Sep, 2024 09:14am
Govt introduces ‘Contributory Pension Fund Scheme’ for new entrants ISLAMABAD: The federal government has introduced Contributory Pension Fund Scheme for the new entrants who are... Updated 04 Sep, 2024 08:51am
Surplus of HSD stock: PSO asked to re-evaluate HSD quantities contracted with Kuwait Petroleum Company ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has directed Pakistan State Oil (PSO) to reevaluate the... Updated 04 Sep, 2024 08:49am
Ecnec clears 6 mega projects worth Rs178.1bn ISLAMABAD: The Executive Committee of the National Economic Council (Ecnec) met Tuesday under the chairmanship of... Updated 04 Sep, 2024 09:13am
Energy Energy crisis: Minister urges energy, petroleum ministries to utilise framework ISLAMABAD: Minister for Planning, Development, and Special Initiatives Ahsan Iqbal urged the Ministries of Energy ... Published 04 Sep, 2024 06:38am
Stocks Wall St kicks off Sept on dour note with economic data in focus NEW YORK: Wall Street’s main indexes fell over 1% on Tuesday as investors assessed subdued factory activity data... Published 04 Sep, 2024 06:38am
Commodities Gold eases with spotlight on US economic data NEW YORK: Gold prices slipped in early Asian hours on Tuesday, as investors awaited a slew of U.S. economic data to... Published 04 Sep, 2024 06:38am
Energy Oil drops more than 4pc on reports of potential resolution to Libya dispute NEW YORK: Oil prices dropped more than 4% on Tuesday to their lowest levels in nearly nine months after reports that... Published 04 Sep, 2024 06:38am
Commodities Dalian iron ore posts steepest drop in nearly two years SINGAPORE: Dalian iron ore futures logged their sharpest daily drop in almost two years on Tuesday, as bleak ... Published 04 Sep, 2024 06:38am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port handled 211,600 tonnes of cargo comprising 147,563 tonnes of import cargo and 64,037 ... Published 04 Sep, 2024 06:38am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday, (September 03, 2024)... Published 04 Sep, 2024 06:38am
Cotton & Textile KCA decreases spot rate by Rs200 per maund LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Tuesday decreased the spot rate by Rs200 per... Published 04 Sep, 2024 06:38am
Cotton & Textile Punjab records 30.7pc fall in cotton production LAHORE: The crop reporting services wing of the Punjab Agriculture department (PAD) on Tuesday released statistics ... Published 04 Sep, 2024 06:38am
Rates LME official prices LONDON: The following were Monday official prices. ========================================= ALUMINIUM... Published 04 Sep, 2024 06:38am
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 04 Sep, 2024 06:38am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Tuesday (September 03, 2024). ========================== KIBOR... Published 04 Sep, 2024 06:38am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 04 Sep, 2024 06:38am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Tuesday (September 03, 2024). ======================== Open ... Published 04 Sep, 2024 06:38am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (September 03, 2024).... Published 04 Sep, 2024 06:38am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 03, 2024).... Published 04 Sep, 2024 06:38am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (September 03, 2024)... Published 04 Sep, 2024 06:38am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Tuesday (September 03, 2024). ======================================= ... Published 04 Sep, 2024 06:38am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (September 03, 2024). ==================================== ... Published 04 Sep, 2024 06:38am
15 largest SOEs: MoF seeks report to share plans with IMF Says all line ministries are required to adopt and prepare business plans and Statements of Corporate Intent as per the given timelines in the SOEs Policy, 2023 Updated 04 Sep, 2024 12:01pm
Targeted subsidies: IMF has no objections over implementation, Aurangzeb claims ISLAMABAD: Finance Minister Muhammad Aurangzeb claimed on Tuesday that the International Monetary Fund (IMF) has no... Updated 04 Sep, 2024 12:14pm
$7bn EFF Programme: Aurangzeb expects on-time IMF approval ISLAMABAD: The International Monetary Fund (IMF) Executive Board’s approval of $7 billion Extended Fund Facility... Updated 04 Sep, 2024 09:16am
Brazil economy beats projections with 1.4pc growth in Q2 BRASÍLIA: Brazil’s economy, the largest in Latin America, continued to pick up pace in the second quarter, ... Published 04 Sep, 2024 06:38am
AGP unearths huge irregularities in SOEs ISLAMABAD: The Auditor General of Pakistan (AGP) has unearthed hundreds of cases of financial irregularities,... Published 04 Sep, 2024 06:38am
Jul-Aug exports up 14pc to $5.05bn YoY ISLAMABAD: The country’s exports increased by 14 percent during the first two months (July-August) of current... Published 04 Sep, 2024 06:38am
CDWP approves 5 projects worth Rs15.35bn ISLAMABAD: The Central Development Working Party (CDWP) cleared eight development projects at cost of Rs144.3 ... Published 04 Sep, 2024 06:38am
TFA with trade bloc of South American states ‘MERCOSUR’ given ex-post facto approval ISLAMABAD: The federal cabinet on Tuesday gave ex-post facto approval of the Trade Framework Agreement between... Published 04 Sep, 2024 06:38am
USF approves Rs23bn budget for 2024-25 ISLAMABAD: The Universal Service Fund (USF) Policy Committee approved USF Company budget of Rs 23 billion for the... Published 04 Sep, 2024 06:38am
Jul-Aug oil sales decline 12pc to 2.4m tons YoY KARACHI: Pakistan’s Oil Marketing Companies (OMCs) sales decreased by 14 percent on year-on-year basis to 1.21... Published 04 Sep, 2024 06:38am
Taxes FBR forms body to evaluate cases before filing appeals with HCs ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a Scrutiny Committee to evaluate all cases before... Published 04 Sep, 2024 06:38am
Industry WISPAP recommends PTA to open access to bandwidth for all ISPs ISLAMABAD: Chairman Wireless and Internet Service Providers Association of Pakistan (WISPAP) Shahzad Arshad urged ... Published 04 Sep, 2024 06:38am
Industry PTA confirms: ‘Wholesale IP bandwidth providers obstructing reselling by other operators’ ISLAMABAD: Pakistan Telecommunication Authority (PTA) has confirmed that wholesale IP bandwidth providers are... Published 04 Sep, 2024 06:38am
Industry KCCI urges Chairman NEPRA to address issues of consumers KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Iftikhar Ahmed Sheikh has urged Chairman National... Published 04 Sep, 2024 06:38am
Companies inDrive concludes Courier Champions 2024 ISLAMABAD: inDrive, a leading transportation and delivery platform, proudly concluded the “Courier Champions... Published 04 Sep, 2024 06:38am
Finance minister meets with Global CEO of FLSmidth ISLAMABAD: The Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a meeting with Mikko Keto,... Published 04 Sep, 2024 06:38am
Electricity billing system with smart meters way forward to resolve issues: Speakers ISLAMABAD: Speakers at a conference have said that improving Pakistan’s electricity billing system with smart... Published 04 Sep, 2024 06:38am
Companies 28 firms honoured at Solar Technology Excellence Awards 2024 LAHORE: The Solar Technology Excellence Awards 2024, a prestigious event celebrating innovation and leadership in ... Published 04 Sep, 2024 06:38am
Money & Banking China’s yuan dips SHANGHAI: China’s yuan eased against the dollar on Tuesday as disappointing August factory activity data raised... Published 04 Sep, 2024 06:38am
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept