Industry Jawed Bilwani elected KCCI president KARACHI: Muhammad Jawed Bilwani, Zia ul Arfeen and Faisal Khalil were elected as President, Senior Vice President ... Published 01 Oct, 2024 07:44am
Industry KATI office-bearers elected unopposed KARACHI: Junaid Naqi, Ejaz Ahmed Sheikh and Syed Tariq Hussain has been elected unopposed as President, Senior Vice... Published 01 Oct, 2024 07:43am
12 Tunisians dead as boat capsizes off Djerba TUNIS: At least 12 Tunisians including three children were found dead after a migrant boat capsized off the coast of... Published 01 Oct, 2024 07:41am
South Asia Garment workers’ protests leave one dead in Bangladesh DHAKA: A garment worker was shot dead and at least 20 others were injured on Monday in a violent clash between... Published 01 Oct, 2024 07:40am
Industry APTMA chief underscores need for reducing electricity tariffs, restoring RCET LAHORE: Newly-elected Chairman All Pakistan Textile Mills Association (APTMA) Kamran Arshad has urged policymakers ... Published 01 Oct, 2024 07:34am
Lease terms of Gymkhana Club: Punjab PA convenes special public committee hearing LAHORE: In a significant move towards transparency and accountability, the Punjab Assembly convened a special public... Published 01 Oct, 2024 07:31am
LHC takes strict action against three officers LAHORE: The Lahore High Court (LHC) Chief Justice Aalia Neelum has taken strict action against three judicial... Published 01 Oct, 2024 07:29am
Industry FCCI formally launch ‘Cyberabad’ project FAISALABAD: Faisalabad Chamber of Commerce & Industry (FCCI) has formally launched the much awaited... Published 01 Oct, 2024 07:29am
Companies High tax rates, spiraling costs forcing Pakistan’s major companies to pursue the layoff route KARACHI: High tax rates and spiraling costs have compelled major listed corporations in Pakistan to reduce headcount... Updated 01 Oct, 2024 02:00pm
AI-based chatbot launched to tackle hypertension in Pakistan KARACHI: In a significant development for the 32.5 million people suffering from hypertension in Pakistan, the Heart... Published 01 Oct, 2024 06:49am
Middle East Eleven die in Iran of bootleg alcohol intoxication TEHRAN: At least seven people died in Iran after consuming bootleg booze, state media said Monday, bringing the ... Published 01 Oct, 2024 06:49am
South Asia Nepal begins to assess damage after deadly rains, floods kill 192 KATHMANDU: Nepal began on Monday to grapple with damage wrought by deadly floods and landslides triggered by heavy... Published 01 Oct, 2024 06:49am
NY Times endorses Harris as ‘only patriotic choice’ for president NEW YORK: The New York Times editorial board on Monday endorsed Kamala Harris, calling the Democrat “the only... Published 01 Oct, 2024 06:49am
World ‘safer’ without Hezbollah chief Nasrallah, says Blinken WASHINGTON: US Secretary of State Antony Blinken said Monday that the world is safer after Israel killed Hassan... Published 01 Oct, 2024 06:49am
HYBRID RICE: A JOURNEY TO HIGH YIELDS AND PROSPERITY TEXT: With over 70 years of experience, Guard has successfully established itself as a strong brand in Pakistan. ... Published 01 Oct, 2024 06:49am
Pakistan China Joint Chamber of Commerce & Industry TEXT: Pakistan China Joint Chamber of Commerce and Industry congratulate the people and leadership of China on the... Published 01 Oct, 2024 06:49am
75th National Day of China: Messages from Yang Yundong Consul General of the People's Republic of China in Karachi TEXT: On the occasion of the 75th anniversary of the founding of the People's Republic of China, on behalf of the... Published 01 Oct, 2024 06:49am
75th National Day of China: Messages from Jiang Zaidong TEXT: Ambassador Extraordinay and Plenipotentiary of the People's Republic of China to the Islamic Republic of... Published 01 Oct, 2024 06:49am
SC dismisses LHC’s verdict regarding election tribunals ISLAMABAD: The Supreme Court set aside the Lahore High Court (LHC)’s judgment and the notification issued by it ... Published 01 Oct, 2024 06:49am
South Asia Taliban blame Pakistan after ‘capture of key IS fighters’ KABUL: Taliban authorities captured “key members” of the Islamic State group responsible for recent deadly... Published 01 Oct, 2024 06:49am
MoFA, Beirut Embassy facilitate Pakistani nationals in Lebanon ISLAMABAD: The Ministry of Foreign Affairs and Embassy in Beirut continue to make efforts to facilitate Pakistani... Published 01 Oct, 2024 06:49am
Malaysian PM Anwar bin Ibrahim will visit Pakistan from Oct 2-4 ISLAMABAD: Malaysian Prime Minister Anwar bin Ibrahim will undertake an official visit to Pakistan from October 2-4... Published 01 Oct, 2024 06:49am
Pakistan’s youngest girl wins ‘Danish Junior Open Squash Championship’ LAHORE: Pakistan’s youngest emerging squash talent, 11-year old- Mahnoor Ali, has made yet another remarkable mark... Published 01 Oct, 2024 06:49am
KMC approves 11 resolutions KARACHI: The general meeting of the Karachi Metropolitan Corporation Council was held on Monday under the... Published 01 Oct, 2024 06:49am
JI slams govt for ‘flawed’ policies KARACHI: Monem Zafar, city chief of Jamaat-e-Islami on Monday lashed out at the government for its “flawed”... Published 01 Oct, 2024 06:49am
Farmers urge govt to address issue of inflated bills LAHORE: Farmers have urged the Punjab government to take up the issue of inflated electricity bills with the federal... Published 01 Oct, 2024 06:49am
Fake video case of Azma Bokhari: Inquiry initiated against IO for submitting misleading reports, FIA informed LHC LAHORE: Federal Investigation Agency (FIA) on Monday informed the Lahore High Court that an inquiry had been... Published 01 Oct, 2024 06:49am
Budhani made PCDA chairman KARACHI: Abdul Samad Memon (Budhani) has been elected unopposed as the Chairman of the Pakistan Chemists and... Published 01 Oct, 2024 06:49am
AC sends back Kidney Hills corruption case to NAB ISLAMABAD: The Accountability Court, on Monday, sent back the Kidney Hills corruption case against Pakistan... Published 01 Oct, 2024 06:49am
Solar eclipse forecast KARACHI: The Met Office on Monday forecast the annular solar eclipse for October 2-3, saying that the astronomical... Published 01 Oct, 2024 06:49am
There’s no need for military operations in Balochistan: Bugti QUETTA: Balochistan Chief Minister Sarfaraz Bugti said on Monday that there was no need to continue military... Published 01 Oct, 2024 06:49am
Review pleas: Justice Munib recuses himself from the bench ISLAMABAD: Justice Munib Akhtar expressed inability to sit on the bench constituted for the hearing of review... Published 01 Oct, 2024 06:49am
PTI announces series of protests in support of judiciary ISLAMABAD: The incarcerated former prime minister and founding chairman of Pakistan Tehreek-e-Insaf (PTI) Imran Khan... Published 01 Oct, 2024 06:49am
Missing persons’ case: Gandapur given two weeks to submit reply PESHAWAR: Peshawar High Court has directed Chief Minister Khyber Pakhtunkhwa Sardar Ali Amin Gandapur to submit his... Published 01 Oct, 2024 06:49am
PTI chairman, Fazl discuss proposed ‘constitutional package’ ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairman Gohar Ali Khan on Monday discussed the overall political ... Published 01 Oct, 2024 06:49am
Why social media platforms not accountable to anyone: Azma Bokhari LAHORE: Punjab Information Minister Azma Bokhari has said that social media platforms are making money in Pakistan... Published 01 Oct, 2024 06:49am
Unending conflict Israel’s assassination of Hezbollah chief Sayyed Hassan Nasrullah along with 20 of his commanders in a strike in... Updated 01 Oct, 2024 07:24am
The investment slump The year, 2023-24, has witnessed the lowest ever level of fixed investment in Pakistan. It is estimated at 11.4% of... Updated 01 Oct, 2024 07:21am
The Weather KARACHI: The weather report on Monday (September 30, 2024) and the forecast for Tuesday (October 01, 2024)... Published 01 Oct, 2024 06:49am
Rates PSX under selling pressure KARACHI: Pakistan Stock Exchange on Monday remained under severe selling pressure and closed in negative as the... Published 01 Oct, 2024 06:49am
Stocks KSE-100 index increases by 3.4pc KARACHI: Pakistan’s benchmark KSE-100 index increased by 3.4 percent on quarter-on-quarter basis in rupee term and... Published 01 Oct, 2024 06:49am
Letters Reckless Amendments? The main provision of the newly amended Supreme Court Procedure and Practices (SCPP) Act 2024 is to empower the ... Published 01 Oct, 2024 06:49am
Brain drain in Pakistan: causes, consequences and way forward The migration of high-skilled workers is a global phenomenon. However, most migration is usually seen from... Published 01 Oct, 2024 06:49am
Stocks Wall St subdued ahead of Powell’s comments NEW YORK: Wall Street’s main indexes were flat to lower in choppy trading on Monday as investors paused after the... Published 01 Oct, 2024 06:49am
Stocks European shares end lower as automakers weigh PARIS: Europe’s STOXX 600 closed lower on Monday with automakers leading declines after industry majors Stellantis... Published 01 Oct, 2024 06:49am
Stocks China stocks surge in biggest single-day rally since 2008 SHANGHAI: Chinese stocks swept to their biggest single-day gains in 16 years on Monday, with domestic A-shares... Published 01 Oct, 2024 06:49am
Stocks Nikkei dives, JGB yields jump after Ishiba win TOKYO: Japan’s benchmark Nikkei share average plummeted on Monday in reaction to a sharply stronger yen after... Published 01 Oct, 2024 06:49am
Energy Oil prices rise on Mideast conflict NEW YORK: Oil prices rose on Monday on fears of a widening conflict in the Middle East curtailing Iranian crude... Published 01 Oct, 2024 06:49am
Rates Activities of Karachi Port and Port Qasim KARACHI: The total cargo handled at Karachi Port during the last 24 hours closed at 172,377 Tones. The break up ... Published 01 Oct, 2024 06:49am
Rates LME official prices LONDON: The following were Friday official prices. ========================================= ALUMINIUM... Published 01 Oct, 2024 06:49am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Monday (September 30, 2024). ========================== KIBOR... Published 01 Oct, 2024 06:49am
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 Oct, 2024 06:49am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Monday (September 30, 2024). ======================== Open Bid... Published 01 Oct, 2024 06:49am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (September 30, 2024).... Published 01 Oct, 2024 06:49am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (September 30, 2024).... Published 01 Oct, 2024 06:49am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (September 30, 2024)... Published 01 Oct, 2024 06:49am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Monday (September 30, 2024). ======================================= Offset... Published 01 Oct, 2024 06:49am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Monday (September 30, 2024). ==================================== BR... Published 01 Oct, 2024 06:49am
Agriculture posts 6.76pc growth in Q4FY24: NAC Pakistan’s economy posts a stable growth of 3.07 percent during the fourth quarter of financial year 2023-24 Updated 01 Oct, 2024 09:30am
Ministry opposes solarisation of Balochistan tubewells ISLAMABAD: The Ministry of Water Resources has opposed solarisation of agriculture tubewells in Balochistan due to... Updated 01 Oct, 2024 09:26am
Minimum tax payment: KE’s fuel cost, subsidy recoveries should be treated as turnover: SHC ISLAMABAD: Sindh High Court (SHC) Monday ruled that the subsidy and fuel cost recovered by Karachi Electric Supply... Updated 01 Oct, 2024 08:53am
Rs87bn short of target: Q1 collection stands at Rs2.452trn ISLAMABAD: Despite taxation measures of Rs 1,800 billion in the budget (2024-25), the Federal Board of Revenue (FBR)... Updated 01 Oct, 2024 08:52am
ADB fields mission to pace up projects, reforms ISLAMABAD: The Asian Development Bank (ADB) has fielded a Mission to Islamabad from September 30 to October 18, 2024... Updated 01 Oct, 2024 08:56am
Tax return deadline extended till 14th ISLAMABAD: The Federal Board of Revenue (FBR) has finally extended last date for filing of income tax returns up to... Updated 01 Oct, 2024 09:21am
Toshakhana-II case: Court rejects bail pleas of IK, Bushra ISLAMABAD: A special court, on Monday, rejected Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan and his... Updated 01 Oct, 2024 08:52am
NHA raising toll taxes from today ISLAMABAD: The National Highways Authority (NHA) has increased toll taxes significantly on highways and motorways,... Updated 01 Oct, 2024 08:55am
Bids amounting to Rs351bn accepted: Govt conducts buyback auction of MTBs KARACHI: In a historical move, the federal government conducted the buyback auction of Market Treasury Bills (MTBs)... Updated 01 Oct, 2024 09:27am
PCB made Rs16.386m ‘illicit’ payments to BoG members: AGP ISLAMABAD: The Auditor General of Pakistan (AGP) has observed that Pakistan Cricket Board (PCB) made unauthorised... Updated 01 Oct, 2024 09:20am
Significant rise in LPG prices ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) announced a significant increase in Liquefied Petroleum Gas... Updated 01 Oct, 2024 08:56am
All five int’l firms qualify for 5G spectrum auction ISLAMABAD: All of the five international consultants qualified in technical bids for providing consultancy services... Published 01 Oct, 2024 06:49am
Afghanistan’s self-created isolation EDITORIAL: Nobody expected the threat of multinational legal action at the ICJ (International Court of Justice) over... Updated 01 Oct, 2024 07:17am
Disarray in the energy sector EDITORIAL: In yet another indicator of the mess that is the country’s energy sector, power regulator Nepra has... Updated 01 Oct, 2024 07:16am
Commodities Paris wheat follows Chicago higher after US stocks report HAMBURG/PARIS: Euronext wheat rose on Monday as traders assessed weather risks for northern hemisphere sowing and as... Published 01 Oct, 2024 06:49am
Energy US natgas prices ease as power outages from Hurricane reduce demand NEW YORK: US natural gas futures eased about 1% on Monday on a small increase in output over the weekend and... Published 01 Oct, 2024 06:49am
Commodities Japan rubber futures climb higher SINGAPORE: Japanese rubber futures closed higher on Monday supported by rising oil prices, but gains were capped by ... Published 01 Oct, 2024 06:49am
Commodities Iron ore soars to near three-month high BEIJING: Iron ore futures surged to a near three-month high on Monday, propelled by improving demand outlook on the... Published 01 Oct, 2024 06:49am
Commodities Copper falls after hitting four-month high LONDON: Copper prices fell in London on Monday with some investors booking a profit as the metal was on track for ... Published 01 Oct, 2024 06:49am
Commodities Palm oil falls for 2nd session on stronger ringgit KUALA LUMPUR: Malaysian palm oil futures ended the month with overall gains, but declined on Monday, marking the... Published 01 Oct, 2024 06:49am
Commodities Record run steers gold to best quarter in four years NEW YORK: Gold eased on Monday, taking a breather after a historic rally driven by US monetary easing and heightened... Published 01 Oct, 2024 06:49am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday, (September 30, 2024)... Published 01 Oct, 2024 06:49am
Cotton & Textile Cotton market remain steady with low volume LAHORE: The local cotton market on Monday remained steady and the trading volume remained a little bit low. Cotton... Published 01 Oct, 2024 06:49am
Sri Lanka records first deflation in 29 years COLOMBO: Cash-strapped Sri Lanka’s economy recorded falling consumer prices for the first time in 29 years,... Published 01 Oct, 2024 06:49am
Fuel prices decline ISLAMABAD: The federal government has announced a substantial reduction in petroleum prices effective from October... Published 01 Oct, 2024 06:49am
Commodities Non-Basmati white rice: Global rice prices drop after India allows exports MUMBAI/ HANOI: Global rice prices fell on Monday after India, the world’s No.1 exporter of the grain, gave the... Published 01 Oct, 2024 06:49am
Unplanned use of agri land has to be regularised: minister LAHORE: Punjab Local Government Minister Zeeshan Rafiq has said that unplanned commercial use of agricultural lands... Published 01 Oct, 2024 06:49am
Tax return filing: UBG for one-month extension in deadline KARACHI: The United Business Group (UBG) has appealed to the Federal Board of Revenue (FBR) to extend the income tax... Published 01 Oct, 2024 06:49am
TMA raises concerns over govt plan to disconnect gas supply for CPPs KARACHI: The Towel Manufacturers Association (TMA) has voiced serious concerns about the government's decision to ... Published 01 Oct, 2024 06:49am
Companies Standard Chartered Pakistan awarded Hoechst Pakistan’s cash management mandate KARACHI: Standard Chartered Bank Pakistan and Hoechst Pakistan signed a Memorandum of Understanding (MoU) at the SC... Updated 01 Oct, 2024 12:15pm
Privatization Commission Board to form Negotiating Committee for privatisation of institutions ISLAMABAD: Privatization Commission Board under the chairmanship of Federal Minister for Privatization, Board of... Published 01 Oct, 2024 06:49am
Industry Newly elected SCCI chief spells out priorities PESHAWAR: Newly elected president of the Sarhad Chamber of Commerce and Industry Fazal Muqeem Khan spelt out... Published 01 Oct, 2024 06:49am
German CG praises transformative impact of Thar Coal project LAHORE: The German Consul General Dr Rüdiger Lotz has said that the public-private partnership in Tharparkar is... Published 01 Oct, 2024 06:49am
Taxes FBR urged to extend last date of filing returns KARACHI: President SITE Association of Industry Muhammad Kamran Arbi, Chief Coordinator Saleem Parekh, Senior Vice... Published 01 Oct, 2024 06:49am
FBL partner with Mastercard and 1LINK to launch Shariah-compliant Co-Badged Debit Card KARACHI: In a landmark move set to reshape the digital payments landscape in Pakistan, Faysal Bank Limited (FBL) has... Published 01 Oct, 2024 06:49am
Money & Banking Branchless banking: Banks enhance vigilance to combat scams of transactions LAHORE: The banking sector has enhanced vigilance measures to combat banking scams through branchless banking... Published 01 Oct, 2024 06:49am
Crucial moot in Moscow today to promote bilateral trade ISLAMABAD: Pakistan and Russia are all set to hold Trade and Investment Forum on Tuesday (Oct 1) in Moscow aimed at... Published 01 Oct, 2024 06:49am
Industry Sheikh Umer Rehan elected PVMA chairman for 2024-26 term ISLAMABAD: Sheikh Umer Rehan has been elected as new Chairman Pa-kistan Vanaspati Manufacturers Association (PVMA)... Published 01 Oct, 2024 06:49am
GIS auction rescheduled to 14th KARACHI: The GIS auction which was planned to be conducted on Thursday, October 03, 2024 at Pakistan Stock Exchange... Published 01 Oct, 2024 06:49am
PALSP elects office-bearers for FY2024-26 ISLAMABAD: Pakistan Association of Large Steel Producers (PALSP) has elected Javaid Iqbal Malik as the new Chairman... Published 01 Oct, 2024 06:49am
PTCL-Telenor acquisition: CCP holds first phase-II merger review hearing ISLAMABAD: The Competition Commission of Pakistan (CCP) has held its first hearing for the Phase II Merger Review... Published 01 Oct, 2024 06:49am
SBP reposes its confidence in digital payment infrastructure KARACHI: The State Bank of Pakistan (SBP) recently reviewed the country’s digital payment infrastructure and... Published 01 Oct, 2024 06:49am
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