India-Canada row overshadows growing trade ties, investment MUMBAI: A diplomatic falling out between India and Canada over allegations that New Delhi was behind the killing of ... Published 17 Oct, 2024 08:34am
LHC allows protective bail to Sardar Latif Khosa LAHORE: The Lahore High Court (LHC) on Wednesday allowed protective bail to PTI MNA Sardar Latif Khosa in a case... Published 17 Oct, 2024 08:23am
Money & Banking HBL 9M 2024 PBT rises to record Rs85.9bn KARACHI: HBL on Wednesday declared a consolidated profit before tax (PBT) of Rs 85.9 billion for the first nine... Published 17 Oct, 2024 08:16am
President summons NA and Senate sessions today ISLAMABAD: President Asif Ali Zardari has summoned separate sessions of National Assembly and Senate today ... Published 17 Oct, 2024 08:12am
Companies UAE, Pak fintech operators sign partnership KARACHI: The UAE-based fintech, Codebase Technologies, announced its strategic partnership with Pakistani fintech,... Published 17 Oct, 2024 08:05am
Energy Power supply normalised at Dhabeji Station: KE KARACHI: A technical fault at Dhabeji Pumping Station caused a disruption in power supply. K-Electric teams were... Published 17 Oct, 2024 08:02am
Europe Zelensky rules out ceding Ukrainian land in Victory Plan KYIV: Ukrainian President Volodymyr Zelensky on Wednesday unveiled his long-awaited Victory Plan to end Russia’s... Published 17 Oct, 2024 08:01am
Turkey shuts down radio station in Armenia genocide row ISTANBUL: After more than 30 years on air, Istanbul’s Acik radio fell silent on Wednesday after the station was... Published 17 Oct, 2024 07:58am
Middle East Egypt’s Sisi replaces head of intelligence agency CAIRO: Egypt’s President Abdel Fattah al-Sisi named Major General Hassan Mahmoud Rashad as head of the powerful... Published 17 Oct, 2024 07:53am
Musk donates almost $75m to Trump’s presidential cause WASHINGTON: Billionaire Elon Musk has donated almost $75 million to the political action committee he created to... Published 17 Oct, 2024 07:50am
Middle East Middle East crisis top-of-mind at first EU-Gulf summit BRUSSELS: Gulf leaders including Saudi Crown Prince Mohammed bin Salman met with European heads of state and... Published 17 Oct, 2024 07:48am
Macron riles Netanyahu with jab on Israel’s creation PARIS: French President Emmanuel Macron has further strained tense relations with Israel with a comment referring o... Published 17 Oct, 2024 07:40am
Europe Israeli booths, equipment barred from defence show in France PARIS: Israeli delegations taking part in the major Euronaval defence show in France next month will not be ... Published 17 Oct, 2024 07:38am
Companies Fast Cables champions sustainability at Lahore Biennale Foundation 2024 LAHORE: Fast Cables, Pakistan’s was a proud sponsor of the inaugural session of the Lahore Biennale Foundation... Updated 17 Oct, 2024 08:41am
Money & Banking 9 months of 2024: Soneri Bank announces PAT growth of 13.80pc YoY KARACHI: The Board of Directors of Soneri Bank Limited, in their 207th meeting held in Karachi on 16th October 2024,... Published 17 Oct, 2024 07:32am
Tribe ends sit-in; Torkham road reopened PESHAWAR: Kuki Khel tribe of district Khyber after getting assurance from the KP Chief Minister Ali Amin Khan... Published 17 Oct, 2024 07:06am
RTX to pay over $280m to resolve US foreign bribery probe NEW YORK: An RTX unit on Wednesday agreed to pay more than $280 million to resolve criminal charges brought by the ... Published 17 Oct, 2024 06:34am
Women's PCB-HEC Inter-varsity tournament commences today LAHORE: The PCB-HEC Women’s Inter-varsity Cricket Tournament 2024 is set to commence on Thursday (today) with 18... Published 17 Oct, 2024 06:34am
Sadiq greets PM on holding SCO summit successfully ISLAMABAD: Speaker of the National Assembly Sardar Ayaz Sadiq has extended heartfelt congratulations to Prime... Published 17 Oct, 2024 06:34am
Gaddafi Stadium transformation in full swing LAHORE: The Pakistan Cricket Board (PCB) hosted a detailed media walk-through of Gaddafi Stadium’s ongoing massive... Published 17 Oct, 2024 06:34am
PPP, PML-N, JUI-F leaders discuss proposed amendment LAHORE: The top leadership of the Pakistan Peoples Party, Pakistan Muslim League-Nawaz and Jamiat Ulema-i-Islam-Fazl... Updated 17 Oct, 2024 09:00am
IK is not among them: Oxford announces 38 candidates to be next university chief LONDON: Britain’s University of Oxford on Wednesday said 38 candidates are in the running to become its next... Published 17 Oct, 2024 06:34am
World Food Day Celebrated at SAU with awareness rally, seminar HYDERABAD: Sindh Agriculture University (SAU) Tandojam marked World Food Day with a seminar and awareness rally... Published 17 Oct, 2024 06:34am
PIMA calls for countrywide vaccination against diphtheria KARACHI: Pakistan Islamic Medical Association (PIMA) has expressed deep concern over the diphtheria outbreak,... Published 17 Oct, 2024 06:34am
PFA celebrates World Food Day LAHORE: The Punjab Food Authority (PFA) celebrated World Food Day 2024 by organizing a seminar on Wednesday titled... Published 17 Oct, 2024 06:34am
LHC upholds objection on plea for meeting with IK’s sisters in jail LAHORE: The Lahore High Court (LHC) on Wednesday upheld the objection raised by Registrar office on a plea for... Published 17 Oct, 2024 06:34am
Hasty constitutional amendment will harm country: Qureshi LAHORE: Former foreign minister Shah Mahmood Qureshi on Wednesday said rushing through a constitutional amendment... Published 17 Oct, 2024 06:34am
Dr Kayani emphasises quality of service delivery in hospitals LAHORE: Advisor Health Punjab Major General Dr. Azhar Mehmood Kayani (retd) has said that medical teachers and other... Published 17 Oct, 2024 06:34am
College says alleged rape that sparked protests didn't happen LAHORE: Senior directors of a college said on Wednesday there was no evidence that a student had been raped on ... Published 17 Oct, 2024 06:34am
ATC summon Qureshi, PTI leaders in violence case on 30th LAHORE: Anti-Terrorism Court summoned the PTI leaders former foreign minister Shah Mahmood Qureshi, former governor... Published 17 Oct, 2024 06:34am
ABAD North chairman calls for improving LDA regulations LAHORE: Sheikh Muhammad Nabeel, newly-elected Chairman of the Association of Builders and Developers (ABAD) North... Published 17 Oct, 2024 06:34am
416 schemes related to Lahore Development Plan approved LAHORE: The Lahore administration approved 416 schemes related to the Lahore Development Plan and district... Published 17 Oct, 2024 06:34am
30 roads identified for encroachment removal: minister KARACHI Sindh Local Government Minister Saeed Ghani has said the first phase of an anti-encroachment drive will be... Published 17 Oct, 2024 06:34am
CPEC: China’s Li praises role of planning minister ISLAMABAD: Chinese Premier Li Qiang departed from Pakistan on Wednesday after attending the 23rd Shanghai ... Published 17 Oct, 2024 06:34am
Alleged rape incident a fabricated story, insists Punjab CM LAHORE: Dismissing rumours circulating on social media regarding the alleged on-campus rape of a student in a... Updated 17 Oct, 2024 09:30am
KP CM inaugurates low-cost housing scheme under NPHP PESHAWAR: Chief Minister Khyber Pakhtunkhwa Sardar Ali Amin Khan Gandapur visited Jalozai in District Nowshera on... Updated 17 Oct, 2024 08:50am
Punjab excise dept rolls out personalized number plates’ scheme LAHORE: The Excise, Taxation, and Narcotics Control Department is pushing forward its efforts to transform Punjab... Published 17 Oct, 2024 06:34am
FPCCI lauds Rescue 1122 services FAISALABAD: Rescue 1122 is one of the most prestigious public service institutions of the Punjab which has not only... Published 17 Oct, 2024 06:34am
PPF gives go-ahead to hiring against vacant positions LAHORE: The Punjab Pension Fund has given the go-ahead for filling vacant positions in the department. The decision... Updated 17 Oct, 2024 08:51am
Agriculture and Allied ‘Tomato cultivated on 1600 acres of land in Punjab’ LAHORE: Tomatoes have been cultivated on 1600 acres of land in the province out of the target of 2000 acres set ... Published 17 Oct, 2024 06:34am
Companies PKIC partners with Systems to implement Temenos Core Banking platform KARACHI: Pakistan Kuwait Investment Company (Pvt) Limited (PKIC) has signed an agreement with Systems Limited to... Published 17 Oct, 2024 06:34am
WCLA, PC sign MoU to promote cultural heritage of Lahore LAHORE: The Walled City of Lahore Authority (WCLA) and Pearl Continental (PC) Hotel signed a memorandum of... Published 17 Oct, 2024 06:34am
PPP remembering its martyrs of Karsaz attack: Jam Shoro HYDERABAD: Provincial Minister for Irrigation and Food, Jam Khan Shoro, held a press conference regarding the... Published 17 Oct, 2024 06:34am
The Weather KARACHI: The weather report on Wednesday (October 16, 2024) and the forecast for Thursday (October 17, 2024)... Published 17 Oct, 2024 06:34am
Jaishankar’s visit an ‘ice breaker’: govt ISLAMABAD: The first visit to Pakistan by a top Indian diplomat in nearly 10 years was an “ice breaker”, the... Published 17 Oct, 2024 06:34am
Rates PSX hits new record high KARACHI: Pakistan Stock Exchange on Wednesday witnessed a bullish trend and hit historic highest-ever levels on the... Published 17 Oct, 2024 06:34am
Energy Crackdown intensified against corrupt elements within Lesco LAHORE: The Lahore Electricity Supply Company (LESCO) has launched a crackdown on corrupt elements within its ranks.... Published 17 Oct, 2024 06:34am
Stocks Wall St steady as investors favor small caps over Big Tech NEW YORK: The S&P 500 and the Nasdaq were little changed on Wednesday, with declines in heavily weighted... Published 17 Oct, 2024 06:34am
Stocks European tech, luxury stocks tumble as results disappoint PARIS: Europe’s STOXX 600 settled lower on Wednesday, with tech and luxury stocks hurt by disappointing results... Published 17 Oct, 2024 06:34am
Stocks China stocks wobble as investors await further stimulus HONG KONG: China stocks logged a choppy session, while Hong Kong shares pared early gains to finish lower on... Published 17 Oct, 2024 06:34am
Stocks Indian shares slip again as foreign fund exodus hurts BENGALURU: Indian shares fell for a second straight session on Wednesday, as foreign funds shifted money to China ... Published 17 Oct, 2024 06:34am
Rates Activities of Karachi Port Trust, Port Qasim KARACHI: The Karachi Port Trust handled 189,840 tonnes of cargo comprising 124,270 tonnes of import cargo and 65,570... Published 17 Oct, 2024 06:34am
Energy Oil prices hold near 2-week NEW YORK: Oil prices held near a two-week low on Wednesday after dropping about 7% over the prior three days on... Published 17 Oct, 2024 06:34am
Cotton & Textile Spot rate drifts lower by Rs 2,00 per maund LAHORE: The Spot rate Committee of the Karachi Cotton Association (Wednesday) on Wednesday decreased the spot rate ... Published 17 Oct, 2024 06:34am
PARTLY FACETIOUS: ‘Speaking of yellow and shallow…’ “There are two elements prevalent in the Land of the Pure that I simply cannot get my head around.” “Only... Published 17 Oct, 2024 06:34am
Net metering: Balancing the scales—I Potential promises of clean, sustainable, and long-term cost-saving alternatives have dominated the discussion about... Published 17 Oct, 2024 06:34am
Electricity market stuck in limbo Pakistan’s electricity sector reform has been a topic of discussion for over three decades, with the ambition to... Published 17 Oct, 2024 06:34am
Letters The spectre of very high power tariffs While the federal government must be appreciated for cancelling contracts with 5 IPPs (Independent Power Producers),... Published 17 Oct, 2024 06:34am
Rates LME official prices LONDON: The following were Tuesday official prices. ========================================= ALUMINIUM... Published 17 Oct, 2024 06:34am
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 17 Oct, 2024 06:34am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Wednesday (October 16, 2024). ========================== KIBOR... Published 17 Oct, 2024 06:34am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 17 Oct, 2024 06:34am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Wednesday (October 16, 2024). ======================== Open ... Published 17 Oct, 2024 06:34am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (October 16, 2024).... Published 17 Oct, 2024 06:34am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (October 16, 2024).... Published 17 Oct, 2024 06:34am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (October 16, 2024)... Published 17 Oct, 2024 06:34am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Wednesday (October 16, 2024). ======================================= ... Published 17 Oct, 2024 06:34am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (October 16, 2024). ==================================== ... Published 17 Oct, 2024 06:34am
Curbs on workers, experts’ movement: Slowdown hits Dasu hydropower project work: World Bank Says slowdown due to restrictions on the ground-transportation of international workers and experts from Islamabad to Dasu and shortage of armored vehicles for their movement within the project areas Updated 17 Oct, 2024 03:32pm
KEL governance issues prompt Al-Jomaih to move SECP ISLAMABAD: The Al Jomaih Group, a prominent Saudi conglomerate, has formally approached the Securities and Exchange... Updated 17 Oct, 2024 03:33pm
Q1FY25: Govt pays off Rs1.2trn domestic debt KARACHI: The federal government has successfully retired over one trillion rupees in domestic debt borrowed for... Updated 17 Oct, 2024 03:33pm
Jaishankar wraps up rare visit, heaps praise on hospitality ISLAMABAD: India’s Minister for External Affairs Subrahmanyam Jaishankar on Wednesday again highlighted the issue of... Updated 17 Oct, 2024 03:34pm
Trade, industry and energy: Pakistan, Russia agree to pursue robust dialogue ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif and Prime Minister of Russian Federation, Mikhail Mishustin on... Updated 17 Oct, 2024 03:34pm
PM stresses for a ‘stable Afghanistan’ ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday issued an ominously loud warning shot to Afghanistan to start... Updated 17 Oct, 2024 08:58am
Joint communiqué: SCO urges end to protectionism, trade curbs ISLAMABAD: The member states of the Shanghai Cooperation Organisation (SCO) have come together to “oppose... Updated 17 Oct, 2024 09:10am
Export of 0.5m tons of sugar: Banks authorised to process cases KARACHI: In accordance with federal government directives, the State Bank of Pakistan (SBP) has authorized banks to... Updated 17 Oct, 2024 09:02am
Returns filed late: LHC directs FBR to form experts’ panel for drafting law ISLAMABAD: Lahore High Court (LHC) has directed the Federal Board of Revenue (FBR) to constitute a body of experts... Updated 17 Oct, 2024 09:26am
FBR’s ‘speed money scheme’ exposed by Langrial KARACHI: Rashid Mahmood Langrial, Chairman Federal Board of Revenue (FBR) revealed widespread corruption within FBR... Updated 17 Oct, 2024 09:13am
Commodities Gold prices add to gains as equities, bond yields weaken NEW YORK: Gold prices extended gains to a second straight session on Wednesday, driven by weaker equities and bond... Published 17 Oct, 2024 06:34am
Commodities Copper bounces from key technical level LONDON: Copper prices rebounded on Wednesday after the market stabilised at a key support level amid hopes that ... Published 17 Oct, 2024 06:34am
Commodities Malaysian palm oil futures snaps two-day losing KUALA LUMPUR: Malaysian palm oil futures edged higher on Wednesday, snapping a two-day losing streak, on expected... Published 17 Oct, 2024 06:34am
Commodities PMEX daily trading report KARACHI: On Tuesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 38.265 billion... Published 17 Oct, 2024 06:34am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (October 16, 2024)... Published 17 Oct, 2024 06:34am
Commodities Gold at all-time high KARACHI: The local gold prices hit a new high on Wednesday, reflecting the record-breaking rise on the world bullion... Published 17 Oct, 2024 06:34am
Termination of contracts with IPPs EDITORIAL: The government’s decision to terminate power purchase agreements (PPAs) with five of Pakistan’s ... Published 17 Oct, 2024 06:34am
Govt debt hits ‘all time high’ EDITORIAL: The economy clearly seems on the mend. The IMF programme is under way, inflation has dropped... Published 17 Oct, 2024 06:34am
MENA From ‘small village’ to humanoid teachers, hugging robots: GITEX GLOBAL highlights Dubai’s rise DUBAI: Dubai Minister of State for Artificial Intelligence Omar bin Sultan Al Olama reminisced about the time when... Published 17 Oct, 2024 06:34am
Industry Govt to activate SSIC training centres KARACHI Provincial Minister for Industries and Commerce Jam Ikramullah Dharejo has said that the training centres... Published 17 Oct, 2024 06:34am
Industry Call for economic empowerment of women LAHORE: An inspiring interactive session by 'Women on Board' featured Aasia Saail Khan, a member of the Prime... Published 17 Oct, 2024 06:34am
Money & Banking US dollar hits fresh 10-week high NEW YORK: The US dollar firmed on Wednesday, hitting a new 10-week high, as investors priced out a hefty interest... Published 17 Oct, 2024 06:34am
Money & Banking Asian FX steady ahead of key cenbank decisions BENGALURU: Asian currencies recovered some ground on Wednesday, led by the Indonesian rupiah and Thailand’s baht,... Published 17 Oct, 2024 06:34am
KCCI urges FBR to defer affidavit submission condition for returns KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani has advised the Federal... Published 17 Oct, 2024 06:34am
Security for SCO summit: Businesses, main roads remain closed for third consecutive day ISLAMABAD: All the businesses and main roads in the twin cities remained closed on Wednesday for the third... Updated 17 Oct, 2024 09:02am
Stocks PSX expected to reach 106,000-level by next June KARACHI: Despite massive foreign selling due to FTSE rebalancing outflow, Pakistan Stock Exchange is expected to... Published 17 Oct, 2024 06:34am
Hike in ghee, cooking oil rates not due to taxes: ex-PVMA chief ISLAMABAD: Any increase in prices of local ghee and cooking oil is merely due to fluctuation in palm/ edible oil... Published 17 Oct, 2024 06:34am
Zardari calls for increasing B2B ties with Turkmenistan ISLAMABAD: President Asif Ali Zardari has underlined the importance of increasing economic cooperation and... Published 17 Oct, 2024 06:34am
Industry Economic growth, regional integration: SCO summit provides a distinctive platform: ICCI ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) on Wednesday while hailing the successful hosting ... Published 17 Oct, 2024 06:34am
PTEA urges govt to restore business community’s confidence FAISALABAD: The Textile export industry has urged to defer the requirement of an affidavit from the CFO by the FBR,... Published 17 Oct, 2024 06:34am
PBA applauds SBP’s revised SME financing limits KARACHI: The Pakistan Banks’ Association (PBA) applauds the State Bank of Pakistan (SBP) for its progressive step... Published 17 Oct, 2024 06:34am
Industry Belarus delegation visits ZTBL, shows interest in multiple projects ISLAMABAD: A high-level delegation from the Republic of Belarus called on the President/CEO of Zarai Taraqiati Bank... Published 17 Oct, 2024 06:34am