Stocks European shares slip on growth jitters PARIS: European stocks fell on Thursday as mixed economic data spurred worries about global growth and offset gains... Published 06 Sep, 2024 08:22am
Money & Banking China’s yuan gains against dollar HONG KONG: China’s yuan extended recent advances on the dollar on Thursday as the US currency struggled against ... Published 06 Sep, 2024 08:22am
Stocks Wall Street edges lower as focus shifts to payrolls data NEW YORK: Wall Street’s three main indexes slipped in choppy trading on Thursday as a short-lived boost from a... Published 06 Sep, 2024 08:20am
Money & Banking Asian currencies: Malaysian ringgit and rupiah gains BENGALURU: Emerging Asian stocks gained some ground on Thursday after a steep sell-off in the previous session, as... Published 06 Sep, 2024 08:19am
Money & Banking Dollar treads water ahead of US payrolls data NEW YORK: The dollar was little changed against most majors on Thursday in choppy trading after economic data ... Published 06 Sep, 2024 08:17am
Clarification by PPL ISLAMABAD: Pakistan Petroleum Limited (PPL) is a public listed company, regulated under the Companies Act, 2017 and... Published 06 Sep, 2024 08:16am
Climate-related school closures cause dropouts: World Bank ISLAMABAD: Climate-related school closures are frequent or of long duration, which beyond impacts on learning, cause... Published 06 Sep, 2024 08:09am
Forex reserves up KARACHI: State Bank of Pakistan (SBP) Thursday said the total liquid foreign reserves held by the country stood at... Published 06 Sep, 2024 08:02am
Economy moving in the right direction: Aurangzeb ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a virtual meeting with Johanna... Published 06 Sep, 2024 08:01am
Interest Rates Further ease in monetary policy stance expected KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) announced the next monetary policy... Published 06 Sep, 2024 07:53am
Flash floods kill 341: NDMA ISLAMABAD: This year flash floods triggered by monsoon rains have killed 341 people, injured 613 and destroyed ... Published 06 Sep, 2024 07:33am
Defence Day today LAHORE: The Defence Day is being celebrated with enthusiasm on Friday (today), to pay respect to the defenders of ... Published 06 Sep, 2024 07:26am
PARTLY FACETIOUS: A culture of freebies or a culture of defeat? “Well, we do have very limited fiscal space, so I would strongly urge…” “Indeed we do and God bless the Sharifs -... Published 06 Sep, 2024 07:24am
Challenges before FBR’s new chairman FBR (Federal Board of Revenue) has failed to meet original tax targets for the last six fiscal years, three of the... Published 06 Sep, 2024 07:23am
KP CM Gandapur gets transit bail from PHC PESHAWAR: The Peshawar High Court on Thursday granted transitory bail to Khyber Pakhtunkhwa Chief Minister Ali Amin... Published 06 Sep, 2024 07:12am
Xi boosts Africa financing by $51bn, promises a million jobs BEIJING: President Xi Jinping pledged on Thursday to step up China’s support across the debt-distressed African... Published 06 Sep, 2024 07:04am
Trump pleads not guilty to revised US 2020 election indictment WASHINGTON: Donald Trump pleaded not guilty on Thursday to criminal charges in a revised federal indictment accusing... Published 06 Sep, 2024 07:04am
Amnesty urges war crimes probe against Israel PARIS: Amnesty International Thursday urged a war crimes probe into Israel razing homes and farms in eastern Gaza to... Published 06 Sep, 2024 07:04am
Strategic collaboration announced to bring Google Chromebooks to local market LAHORE: In a step towards enhancing digital education and technological infrastructure in Punjab, Google, TechValley... Published 06 Sep, 2024 07:04am
Availability at official rate: Secy directs concerned to monitor flour prices online LAHORE: Secretary Industries & Food Punjab Ehsan Bhutta directed the staff concerned to monitor flour prices... Published 06 Sep, 2024 07:04am
'MedCon 2024' to be hosted at Expo Centre LAHORE Alkhidmat Foundation Pakistan, in collaboration with the Pakistan Islamic Medical Association (PIMA), will... Published 06 Sep, 2024 07:04am
Match officials for Champions One-Day Cup announced LAHORE: Former ICC elite panelist Aleem Dar and Asif Yaqoob of the ICC’s international panel will umpire the... Published 06 Sep, 2024 07:04am
Orya Maqbool Jan’s plea: LHC seeks reply from FIA by 12th LAHORE: The Lahore High Court on Thursday sought reply from the Federal Investigation Agency (FIA) by September 12 ... Published 06 Sep, 2024 07:04am
Minister’s fake video case: LHC dismays over FIA report LAHORE: The chief justice of Lahore High Court on Thursday expressed dissatisfaction on a report submitted by the... Published 06 Sep, 2024 07:04am
Ishaq Dar calls on C’wealth SG ISLAMABAD: Deputy Prime Minister/Minister for Foreign Affairs Senator Mohammad Ishaq Dar met Commonwealth... Published 06 Sep, 2024 07:04am
Child cancer awareness activist visits KPC KARACHI: Ethan Ruwi Guo, a young Chinese American, who is flying solo to all seven continents to create awareness ... Published 06 Sep, 2024 07:04am
Book ‘Pakistan’s 100 Most Successful CEOs & Diplomats’ launched ISLAMABAD: Federal Minister for Planning, Development, and Special Initiatives Ahsan Iqbal, speaking as the chief... Published 06 Sep, 2024 07:04am
Bail plea of accused rejected LAHORE: A judicial magistrate on Thursday rejected the bail plea of Muhammad Shafiq involved in video viral case of... Published 06 Sep, 2024 07:04am
Amir Zamir nominated member of PEC Governing Body LAHORE: The Ministry of Planning, Development & Special Initiatives has nominated Engineer Amir Zamir Ahmed Khan... Published 06 Sep, 2024 07:04am
CM launches ‘Primary School Nutrition Programme’ LAHORE: Chief Minister Punjab Maryam Nawaz Sharif inaugurated the country’s first and largest ‘Primary School... Published 06 Sep, 2024 07:04am
BOP approves 280,000 Kissan Card applications: minister LAHORE: “The Bank of Punjab (BOP) after scrutiny has approved 280,000 applications of farmers to obtain “Chief... Published 06 Sep, 2024 07:04am
Jazz, CDA organises tree plantation drive ISLAMABAD: Jazz, Pakistan’s leading digital operator, in collaboration with the Capital Development Authority... Published 06 Sep, 2024 07:04am
SCPA, UNICEF hold consultation to strengthen child protection systems KARACHI: The Sindh Child Protection Authority (SCPA), part of the Social Welfare Department of the Government of... Published 06 Sep, 2024 07:04am
Minister reviews pay-scale system in higher educational institutions ISLAMABAD: Federal Minister for Planning, Development, and Special Initiatives Ahsan Iqbal said that to promote... Published 06 Sep, 2024 07:04am
Nasir calls on Bilawal ISLAMABAD: Provincial Minister for Energy and Planning and Development Syed Nasir Hussain Shah met Chairman PPP... Published 06 Sep, 2024 07:04am
Senate passes ‘Peaceful Assembly and Public Order Bill’ amid uproar ISLAMABAD: The Senate, Thursday, passed four bills including the Peaceful Assembly and Public Order Bill 2024, a law... Published 06 Sep, 2024 07:04am
NA informed about 10-year net hydel profit payments ISLAMABAD: The National Assembly was informed on Thursday that a sum of Rs216 billion has been paid to... Published 06 Sep, 2024 07:04am
Dar meets UK Deputy Prime Minister ISLAMABAD: Deputy Prime Minister/Foreign Minister Ishaq Dar met the Deputy Prime Minister and Secretary of State for... Published 06 Sep, 2024 07:04am
Interim bails of IK, Bushra extended ISLAMABAD: A local court, on Thursday, extended the interim bail of Pakistan Tehreek-e-Insaf (PTI) founding chairman... Published 06 Sep, 2024 07:04am
Zardari says armed forces fully prepared to defeat terrorists ISLAMABAD: President Asif Ali Zardari has said that Pakistan’s armed forces were vigilant and ever ready to ... Published 06 Sep, 2024 07:04am
Digital skill training can add Rs2.8trn to GDP by 2030: Google ISLAMABAD: Narrowing the digital skills gap through digital skills training and greater adoption of education... Published 06 Sep, 2024 07:04am
Europe Macron names ex-Brexit negotiator Barnier as French PM PARIS: French President Emmanuel Macron on Thursday named the European Union’s former Brexit negotiator Michel... Published 06 Sep, 2024 07:04am
Europe Putin backs Harris for US president, with wry smile MOSCOW: Russian President Vladimir Putin said on Thursday he supported Kamala Harris in November’s US presidential... Published 06 Sep, 2024 07:04am
South Asia Bangladeshi students rally to mark one month since Hasina’s fall DHAKA: Thousands of students rallied in Bangladesh on Thursday to mark the one-month anniversary of the fall of... Published 06 Sep, 2024 07:04am
Asia Pope appeals for religious unity at stadium mass in Indonesia JAKARTA: Pope Francis appealed for religious unity Thursday as he addressed tens of thousands of people at a ... Published 06 Sep, 2024 07:04am
Energy Oil prices up on big storage withdrawal NEW YORK: Oil prices edged up about 1% on Thursday on a bigger-than-expected withdrawal from US inventories and a... Published 06 Sep, 2024 07:04am
The Weather KARACHI: The weather report on Thursday (September 05, 2024) and the forecast for Friday (September 06, 2024)... Published 06 Sep, 2024 07:04am
Rates PSX shows mixed trend KARACHI: Pakistan Stock Exchange on Thursday witnessed a mixed trend and after moving in both directions ended... Published 06 Sep, 2024 07:04am
10th review meeting of CNS: Pakistan elected president till April 2026 ISLAMABAD: Pakistan has been elected as the President for the Tenth Review Meeting of the Convention on Nuclear... Published 06 Sep, 2024 07:04am
IK says ‘will die in jail but won’t surrender’ ISLAMABAD: The incarcerated Pakistan Tehreek-e-Insaf (PTI) founding chairman, Imran Khan, on Thursday, said that he... Published 06 Sep, 2024 07:04am
Attacks on grid stations: Govt decides to treat errant KP MPs in a heavy manner ISLAMABAD: The federal government has decided to take strict action against those provincial lawmakers of... Updated 06 Sep, 2024 09:25am
Letters Xinjiang, Balochistan and FATA In Pakistan, we often adhere to the belief that force is the primary solution for dealing with terrorists,... Published 06 Sep, 2024 07:04am
Energy IESCO consumers irked by over-billing, flawed AMI technology ISLAMABAD: Hundreds of consumers of Islamabad Electric Supply Company (IESCO) are at the suffering due to allegedly... Published 06 Sep, 2024 07:04am
Stocks Sri Lanka shares end lower COLOMBO: Sri Lankan shares closed lower on Thursday, dragged by utilities and communication services stocks. The CSE... Published 06 Sep, 2024 07:04am
What sustainable macroeconomic stability? The fall in inflation (to be precise CPI inflation) to single-digit in August –stood at 9.6 percent – meant that... Updated 06 Sep, 2024 07:36am
Rates Activities of Karachi Port Trust, Port Qasim KARACHI: The Karachi Port Trust handled 133,625 tonnes of cargo comprising 62,070 tonnes of import cargo and 71,555... Published 06 Sep, 2024 07:04am
Rates LME official prices LONDON: The following were Wednesday official prices. ========================================= ALUMINIUM... Published 06 Sep, 2024 07:04am
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 06 Sep, 2024 07:04am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 06 Sep, 2024 07:04am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Thursday (September 05, 2024). ======================== Open ... Published 06 Sep, 2024 07:04am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (September 05, 2024).... Published 06 Sep, 2024 07:04am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (September 05, 2024).... Published 06 Sep, 2024 07:04am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (September 05, 2024)... Published 06 Sep, 2024 07:04am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Thursday (September 05, 2024). =======================================... Published 06 Sep, 2024 07:04am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (September 05, 2024). ====================================... Published 06 Sep, 2024 07:04am
China, IMF: PM asks MoF to follow key matters up Ministry of Railways, Planning, and Finance directed to expeditiously finalise negotiations on Karachi-Hyderabad segment of ML-1 project with Chinese authorities Updated 06 Sep, 2024 09:26am
FTAs, PTAs: MoC urged to include commercial transactions clause ISLAMABAD: Senate Standing Committee on Commerce on Thursday urged the Commerce Ministry to include a clause of... Updated 06 Sep, 2024 09:15am
FBR amends Federal Excise Rules, 2005 ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday notified the Computerized Payment Receipt (CPR-FE) for... Updated 06 Sep, 2024 09:23am
Aurangzeb urges support for Chinese cos ISLAMABAD: Finance Minister Muhammad Aurangzeb has urged PCICL to foster joint ventures (JVs) and enhance support... Updated 06 Sep, 2024 08:53am
Aurangzeb explains steps to stabilise economy ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a virtual meeting with Juland... Updated 06 Sep, 2024 08:54am
Capacity tariff of Chinese IPPs: China appears unwilling to renegotiate? Addressing APNS gathering, Chinese Ambassador to Pakistan Jiang Zaidong says IPPs helped resolve power issues in Pakistan Updated 06 Sep, 2024 11:23am
PD officials quizzed by Nepra on shift to SOFR ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday quizzed officials of Power Division... Updated 06 Sep, 2024 09:24am
Govt debt stocks rise to Rs69.9trn KARACHI: The federal government’s total debt stocks rose to Rs 69.6 trillion mark at the end of July 2024 primarily... Updated 06 Sep, 2024 08:56am
PM seeks plans for $25bn IT exports ISLAMABAD: Prime Minister Shehbaz Sharif has urged IT experts to come up with their strategies and plans to achieve... Updated 06 Sep, 2024 08:55am
Pakistan has responded positively to Bangladesh’s gestures: FO ISLAMABAD: Pakistan on Thursday reciprocated to the positive gestures coming from Bangladesh to end the hostile... Updated 06 Sep, 2024 11:25am
Aug cement despatches decline 25.68pc to 3.336m tons YoY LAHORE: The unprecedented and extremely high tax measures leading to a huge increase in cement prices have caused a... Published 06 Sep, 2024 07:04am
New banknote series: SBP announces results of art contest for designs KARACHI: The State Bank of Pakistan (SBP) on Thursday announced the successful conclusion of Art Competition for the... Published 06 Sep, 2024 07:04am
ProDevice to expand business in country KARACHI: Global tech firm, ProDevice has signed a strategic agreement with SI Global Solutions, leading Pakistani... Published 06 Sep, 2024 07:04am
Commodities Futures Market: SECP and US CFTC organise training programme KARACHI: Securities and Exchange Commission of Pakistan (SECP) in collaboration with the US Commodity Futures ... Published 06 Sep, 2024 07:04am
UN support for Global Tax Convention EDITORIAL: The United Nations Framework Convention on International Tax Cooperation unveiled a draft during its ad... Updated 06 Sep, 2024 07:39am
Ineffective axle load control regime EDITORIAL: You wouldn’t think there was a link between the legal framework governing commercial vehicles in a... Updated 06 Sep, 2024 07:45am
PBF urges traders to pay taxes to help ensure increased revenue collection KARACHI: The Pakistan Business Forum (PBF) urged the traders and shopkeepers to pay their taxes to increase revenue... Published 06 Sep, 2024 07:04am
Parliamentary penal informed: ‘PSDP allocations being revised downward on IMF instruction’ ISLAMABAD: A parliamentary panel, Thursday, was informed that Public Sector Development Programme (PSDP) allocations... Published 06 Sep, 2024 07:04am
Commodities Gold prices sharply up KARACHI: The local gold prices on Thursday shot up with the international bullion value again surpassing $2500 an... Published 06 Sep, 2024 07:04am
Tessori, Chinese ambassador discuss bilateral relations KARACHI: Governor Sindh Kamran Khan Tessori hosted a meeting at the Governor House with the Chinese Ambassador to... Published 06 Sep, 2024 07:04am
Commodities Japanese rubber futures down SINGAPORE: Japanese rubber futures fell for the fourth straight session on Thursday to close at their lowest in two... Published 06 Sep, 2024 07:04am
Commodities Palm oil higher on muted production expectations JAKARTA: Malaysian palm oil futures reversed losses on Thursday amid lower trading volumes and worries over poor... Published 06 Sep, 2024 07:04am
Commodities Dalian iron ore slides SINGAPORE: Dalian iron ore futures fell to their lowest in more than a year on Thursday, weighed down by a batch of... Published 06 Sep, 2024 07:04am
Commodities Asia rice: India rates fall on weak export demand, Thai rates rise BENGALURU/MUMBAI/BANGKOK/HANOI AND BANGLADESH: India’s rice export prices hit a three-month low this week due to... Published 06 Sep, 2024 07:04am
Commodities Copper firms on China’s power initiatives in Africa LONDON: Copper prices firmed up on Thursday after China announced major investments in building power networks in... Published 06 Sep, 2024 07:04am
Commodities Wheat, corn and soy take breather after short-covering rally PARIS/CANBERRA: Chicago wheat, corn and soybean futures eased on Thursday from multi-week highs as a wave of... Published 06 Sep, 2024 07:04am
Commodities Gold prices jumps BENGALURU: Gold prices jumped 1% to near one-week highs on Thursday, on the back of a weaker US dollar and lower... Published 06 Sep, 2024 07:04am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday, (September 05, 2024)... Published 06 Sep, 2024 07:04am
Cotton & Textile Spot rate gains Rs200 per maund LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Thursday increased the spot rate by Rs ... Published 06 Sep, 2024 07:04am
Eight OPEC+ members extend oil supply cuts until end of Nov VIENNA: Eight members of the OPEC+ group of oil-producing nations agreed Thursday to extend their voluntary supply... Published 06 Sep, 2024 07:04am
Statistics FE-25 deposits: SBP drops monthly reporting requirement KARACHI: The State Bank of Pakistan (SBP) has discontinued the monthly reporting of “FE-25 Deposits and their... Published 06 Sep, 2024 07:04am
Pak cos participate in 24 Fintech 2024 exhibition ISLAMABAD: The 24 Fintech 2024 exhibition held from 3-5 September 2024 in Riyadh, celebrated the best in Fintech and... Published 06 Sep, 2024 07:04am
Companies Meezan Bank & Mastercard renew strategic partnership to enhance offerings for customers across country KARACHI: Meezan Bank has announced the renewal of strategic partnership with Mastercard to enhance bank’s debit... Published 06 Sep, 2024 07:04am
Taxes Current year’s liability: Tax dept fails to object to adjustment of unverified refund LAHORE: The tax department has failed to object to adjustment of unverified refund towards current year’s... Published 06 Sep, 2024 07:04am
Industry CCP, PAS enhancing collaboration to promote self-regulation ISLAMABAD: The Competition Commission of Pakistan (CCP) and the Pakistan Advertisers Society (PAS) expand their... Updated 06 Sep, 2024 09:46pm