Stocks STOXX 600 logs worst month in a year on earnings FRANKFURT: Europe’s STOXX 600 slumped over 1% on Thursday, notching the steepest monthly decline in a year, ... Published 01 Nov, 2024 08:36am
Money & Banking Russian rouble flat MOSCOW: The Russian rouble was flat against the US dollar and the Chinese yuan on Thursday as the central bank’s... Published 01 Nov, 2024 08:34am
Stocks Wall St slides as Meta, Microsoft warnings trigger fears over AI trade NEW YORK: Wall Street tumbled on Thursday, after warnings from Microsoft and Meta Platforms about escalating AI ... Published 01 Nov, 2024 08:33am
ASEAN member states, Central Asia: Markets under renewed govt focus to boost exports: DG TDAP LAHORE: Director General of the Trade Development Authority of Pakistan (TDAP) Rafia Syed has said that ASEAN and... Published 01 Nov, 2024 08:31am
CM for launching Journalist Housing Foundation Phase-II LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has directed the information ministry to take steps to launch the... Published 01 Nov, 2024 08:26am
Punjab Roads Safety Authority: Punjab cabinet accords its approval to establishment LAHORE: Punjab cabinet, which met here Thursday with Chief Minister Maryam Nawaz Sharif in the chair, accorded... Published 01 Nov, 2024 08:26am
Taxes Sales tax evasion: Tribunal overturns order against taxpayer LAHORE: In a significant ruling, the Customs, Excise and Sales Tax appellate tribunal has annulled orders passed by... Published 01 Nov, 2024 08:25am
Smog-control programme: CM launches first ‘Super Seeder Project’ LAHORE: Historic era of mechanized cultivation in Punjab begins as Chief Minister Maryam Nawaz Sharif launched the... Published 01 Nov, 2024 08:23am
Industry APTMA urges SBP’s MPC to reduce interest rate by 500bps ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has sought a cut of at least 500 basis points in... Published 01 Nov, 2024 08:22am
Upgrading city infrastructure, controlling pollution: CM apprises Canadian envoy about Sindh govt’s initiative KARACHI: Sindh Chief Minister Syed Murad Ali Shah, in his meeting with the Canadian High Commissioner Ms Leslie... Published 01 Nov, 2024 08:20am
Pakistani journalists report in fear, says CPJ NEW YORK: Hope for justice in journalist murders is dim across the world, but especially in Pakistan, which has... Published 01 Nov, 2024 08:19am
Sharjeel felicitates newly-elected PBA office-bearers KARACHI: Senior Minister of Sindh and Provincial Minister for Information, Transport, Excise, Taxation, and ... Published 01 Nov, 2024 08:18am
DG visits grand auction site for commercial plots ISLAMABAD: The Director General of the Federal Government Employees Housing Authority, Captain Muhammad Zafar Iqbal... Published 01 Nov, 2024 08:17am
Commodities Silver hits new high, gold falls KARACHI: The local silver prices surged to a new high on Thursday, while gold saw a decline in value, traders said.... Published 01 Nov, 2024 08:16am
Al-Qadir Trust case: AC warns to cancel Bushra’s bail on lawyer’s unprofessional behaviour ISLAMABAD: An Accountability Court hearing Al-Qadir Trust case against Pakistan Tehreek-e-Insaf (PTI) founding... Published 01 Nov, 2024 08:15am
Adiala Jail official directed to ensure IK being provided with all facilities ISLAMABAD: The Islamabad High Court (IHC), Thursday, directed the deputy superintendent of Adiala Jail to ensure ... Published 01 Nov, 2024 08:13am
Companies Closing transaction for Telenor’s sale to PTCL likely now early 2025 ISLAMABAD: The closing transaction for the sale of Telenor Pakistan to Pakistan Telecommunications Company Ltd ... Published 01 Nov, 2024 08:12am
EPA for sending students with ailments on leave LAHORE: The Environmental Protection Agency (EPA) on Thursday instructed all the schools of special education (both... Published 01 Nov, 2024 08:10am
Taxes FBR’s efforts to stop tax leakages commendable LAHORE: The government's recognition and efforts to curb tax evasion across the country are commendable; however,... Published 01 Nov, 2024 08:08am
Companies Lahore and Riyadh: Fly Jinnah expands its international network with new flights KARACHI: Fly Jinnah, Pakistan’s low-cost carrier, announces the expansion of its international network with the... Published 01 Nov, 2024 08:06am
Complainant is a successful bidder: FTO directs FBR to facilitate delivery of car ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to facilitate the ... Published 01 Nov, 2024 08:05am
Govt abolishes condition of passport issuance only from RPO ISLAMABAD: The government has abolished the condition that passport will be issued only from the Regional Passport... Published 01 Nov, 2024 08:01am
Industry ‘Govt’s desire to trade with India is positive’ KARACHI: Chairman of National Business Group Pakistan, President of the Pakistan Businessmen and Intellectuals ... Published 01 Nov, 2024 07:59am
Physical remand of Imaan Mazari, husband: IHC declares ATC’s order null and void ISLAMABAD: The Islamabad High Court (IHC), Thursday, declared the Anti-Terrorism Court (ATC)’s order of granting... Published 01 Nov, 2024 07:57am
KBP approaches LHC LAHORE: Kissan Board of Pakistan (KBP) has approached the Lahore High Court for a direction against the Punjab... Published 01 Nov, 2024 07:54am
MD SNGPL visits Lahore region LAHORE: Managing Director SNGPL, Amer Tufail visited the Lahore region to review key operational matters and ... Published 01 Nov, 2024 07:53am
Energy Share capital of Shell Pakistan: Proposed name ‘Wafi Energy Pakistan Ltd’ approved KARACHI: After the completion of acquisition of 87.78 percent of the total issued share capital of Shell Pakistan... Published 01 Nov, 2024 07:44am
Punjab Assembly Speaker meets Governor LAHORE: Speaker Punjab Assembly Malik Muhammad Ahmad Khan met Governor Punjab Sardar Saleem Haider Khan and ... Published 01 Nov, 2024 07:42am
Energy Rs2.88/kg raised in LPG consumer price ISLAMABAD: Oil and Gas Regulatory Authority (Ogra) on Thursday notified Rs2.88 per kg raise in LPG consumer price ... Published 01 Nov, 2024 07:39am
PARTLY FACETIOUS: The Third Wife was silent “So how goes it!” “How what goes?” “The conspiracy theory. The Third Wife is out, and I am not sure if she... Published 01 Nov, 2024 07:29am
Academic year 2025: SU sets 30pc cut-off score for bachelor’s admissions HYDERABAD: The University of Sindh, Jamshoro has established a 30 percent cut-off score for admissions to its... Published 01 Nov, 2024 07:22am
Ziauddin University concludes breast cancer awareness month KARACHI: Ziauddin University organized a compelling event to conclude a month-long awareness campaign on breast... Published 01 Nov, 2024 07:21am
President suffers foot fracture DUBAI: President Asif Ali Zardari suffered a foot fracture last night upon disembarking a plane at Dubai Airport, a... Published 01 Nov, 2024 07:20am
Energy Czechs buy gas from Algeria PRAGUE: The Czech Republic has started to import gas from Algeria in a bid to offset supplies from Russia as it... Published 01 Nov, 2024 07:15am
Misuse of CSR funds: Body takes serious notice of weak regulatory oversight ISLAMABAD: The Standing Committee on Energy (Petroleum Division) takes serious notice of the weak regulatory... Published 01 Nov, 2024 07:10am
Capital realtors slam property valuation hike ISLAMABAD: The Islamabad-based property developers have expressed grave concern over Federal Board of Revenue’s... Updated 01 Nov, 2024 09:14am
Sindh govt jobs: SC strikes down 15-year age relief ISLAMABAD: The Supreme Court struck down the 15 years’ age relaxation accorded in the upper age limit for all... Updated 01 Nov, 2024 09:32am
Imaan Mazari, husband granted bail ISLAMABAD: The Anti-Terrorism Court on Thursday granted bail to lawyer Imaan Zainab Mazari-Hazir and her husband ... Published 01 Nov, 2024 06:51am
US again denies allegations of involvement in IK’s ouster WASHINGTON: The US State Department has again rejected allegations suggesting American involvement in the ousting of... Published 01 Nov, 2024 06:51am
FO says has no interest in holding talks with TTP, other terrorists groups ISLAMABAD: The Foreign Office said on Thursday that Pakistan has “absolutely no interest” in holding talks with... Published 01 Nov, 2024 06:51am
Islamabad, provincial capitals: PTI contemplating organising large-scale demos ISLAMABAD: Amid the ongoing crackdown against Pakistan Tehreek-e-Insaf (PTI) leaders and workers, the party is... Published 01 Nov, 2024 06:51am
President arrives in Dubai DUBAI: President Asif Ali Zardari on Thursday arrived in Dubai for a private two-day visit. Senate Chairman Yousuf... Published 01 Nov, 2024 06:51am
Court acquits Karsaz accident accused KARACHI: A sessions court in Karachi on Thursday acquitted bail accused Natasha Danish in the Karsaz traffic ... Published 01 Nov, 2024 06:51am
IHC allows plea challenging Rule 265 of Jail Rules ISLAMABAD: The Islamabad High Court (IHC) allowed a petition challenging Rule 265 of the Jail Rules, which imposes a... Published 01 Nov, 2024 06:51am
Asia N Korea fires ICBM as US, Seoul slam Russia deployment SEOUL: North Korea said Thursday it had test-fired one of its newest and most powerful missiles to boost its nuclear... Published 01 Nov, 2024 06:51am
1.2 billion people at ‘high risk’ from climate change: World Bank WASHINGTON: 1.2 billion people around the globe are at high risk from the impacts of climate change, the World Bank... Published 01 Nov, 2024 06:51am
Germany to close Iranian consulates over execution BERLIN: Germany will close the three Iranian consulates on its soil in response to the execution of German-Iranian... Published 01 Nov, 2024 06:51am
Ford to halt production of F-150 Lightning EV pickup trucks for six weeks WASHINGTON: Ford Motor will halt production of its F-150 Lightning electric vehicle pickup trucks for six weeks from... Published 01 Nov, 2024 06:51am
Middle East Hezbollah attack kills five in northern Israel as US envoys push truce BEIRUT: A Hezbollah attack on northern Israel’s Metula killed five people including an Israeli farmer and four... Published 01 Nov, 2024 06:51am
Challenges before the new CJP “….the trial of civilian protesting……in .incidents of the 9th and 10th of May 2023 may be proceeded... Updated 01 Nov, 2024 08:45am
Serious issues in IMF programmes: time for urgent reform ‘Augusto Pinochet’s coup in Chile is widely seen as inaugurating the global neoliberal era. As the 1970s... Updated 01 Nov, 2024 08:46am
Letters ‘President Xi’s shared prosperity model’ This is apropos three letters to Editor titled “President Xi’s shared prosperity model” carried by the... Published 01 Nov, 2024 06:51am
Stocks PSX: Oct witnesses flurry of all-time highs KARACHI: Pakistan Stock Exchange performed exceptionally well and hit historic highest-ever levels during the month... Published 01 Nov, 2024 06:51am
Transforming cotton with contract farming Contract growing represents an innovative agricultural framework whereby a formal agreement is established between... Updated 01 Nov, 2024 08:50am
Big business: significance of indulgences In Pakistan being a big business person is not good news. Too much pressure, scrutiny and calls for political... Updated 01 Nov, 2024 08:49am
Commodities PMEX daily trading report KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 38.666... Published 01 Nov, 2024 06:51am
Haiti and Israel top list of countries where journalist murders go unpunished NEW YORK: Two small nations with outsized levels of impunity—Haiti and Israel—are the world’s top offenders in... Published 01 Nov, 2024 06:51am
Russia’s ‘comprehensive’ treaty with Iran will include defence: Lavrov MOSCOW: A treaty that Russia and Iran intend to sign shortly will include closer defence cooperation, Russian ... Published 01 Nov, 2024 06:51am
FWO – Leading in Nation Building Prologue, Frontier Works Organization (FWO) began its historic journey from 31 October 1966, with the construction ... Published 01 Nov, 2024 06:51am
FWO and Faizan Steel A Tribute To Fwo (A Relationship As Strong As Steel), For over 25 years, Frontier Works Organization (FWO),... Published 01 Nov, 2024 06:51am
Frontier Works Organization Reliability & Excellence Execution of KKH Project was executed into two phases: Phase 1. A total of 589 km road was constructed from Thakot ... Published 01 Nov, 2024 06:51am
The Weather KARACHI: The weather report on Thursday (October 31, 2024) and the forecast for Friday (November 01, 2024)... Published 01 Nov, 2024 06:51am
Rates Selling frenzy trims gains KARACHI: Pakistan Stock Exchange on Thursday witnessed a bearish trend and despite positive opening, closed in deep... Published 01 Nov, 2024 06:51am
Stocks China stocks higher as manufacturing activity returns to growth SHANGHAI: China stocks ended slightly higher on Thursday, led by property shares, as the country’s manufacturing... Published 01 Nov, 2024 06:51am
Stocks Most Gulf markets gain on Israel-Hezbollah ceasefire hopes DUBAI: Most stock markets in the Gulf ended higher on Thursday, helped by hopes for a potential ceasefire deal... Published 01 Nov, 2024 06:51am
Stocks Indian shares log worst month on record foreign outflows MUMBAI: Indian shares fell on Thursday, logging their worst monthly performance since March 2020, as record monthly... Published 01 Nov, 2024 06:51am
Energy US natural gas prices slide NEW YORK: US natural gas futures slid about 2% on Thursday on forecasts for mild weather to continue through mid... Published 01 Nov, 2024 06:51am
Grains Rice export prices in India extend losses MUMBAI/BANGLADESH/BANGKOK AND HANOI: Rice export prices in India extended losses this week to hit their lowest level... Published 01 Nov, 2024 06:51am
Energy Oil prices higher HOUSTON: Oil prices ticked up 1% on Thursday as investors considered stronger US fuel demand and reports that... Published 01 Nov, 2024 06:51am
Rates Activities of Karachi Port Trust, Port Qasim KARACHI: The Karachi Port Trust handled 128,513 tonnes of cargo comprising 72,804 tonnes of import cargo and 55,709... Published 01 Nov, 2024 06:51am
Commodities Iron ore futures range-bound BEIJING: Iron ore futures held within a narrow range on Thursday as upbeat industry data from top consumer China... Published 01 Nov, 2024 06:51am
Commodities Gold consolidates after climbing record peak NEW YORK: Gold retreated on Thursday as prices consolidated after hitting a record high, but safe-haven demand... Published 01 Nov, 2024 06:51am
Commodities Chicago soybeans surrender gains on harvest pressure BEIJING: Chicago soybean futures eased on Thursday, surrendering gains from the previous session, as abundant... Published 01 Nov, 2024 06:51am
Commodities Japanese rubber futures rebound JAKARTA/TOKYO: Japanese rubber futures snapped a six-session losing streak on Thursday, as hopes grew that top... Published 01 Nov, 2024 06:51am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday, (October 31, 2024)... Published 01 Nov, 2024 06:51am
Cotton & Textile Spot rate firm in process of trading activity LAHORE: The Spot Rate remained unchanged in process of trading activity on Thursday. Cotton Analyst Naseem Usman... Published 01 Nov, 2024 06:51am
Rates LME official prices LONDON: The following were Wednesday official prices. ========================================= ALUMINIUM... Published 01 Nov, 2024 06:51am
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 01 Nov, 2024 06:51am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Thursday (October 31, 2024). ========================== KIBOR... Published 01 Nov, 2024 06:51am
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 Nov, 2024 06:51am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Thursday (October 31, 2024). ======================== Open Bid... Published 01 Nov, 2024 06:51am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (October 31, 2024).... Published 01 Nov, 2024 06:51am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (October 31, 2024).... Published 01 Nov, 2024 06:51am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (October 31, 2024)... Published 01 Nov, 2024 06:51am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Thursday (October 31, 2024). ======================================= Offset... Published 01 Nov, 2024 06:51am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (October 31, 2024). ==================================== BR... Published 01 Nov, 2024 06:51am
Negotiations with IPPs: Nepra voices concerns about ‘key’ factors Concerns raised during public hearing on the provisional Fuel Charges Adjustment for K-Electric for September 2024 Updated 01 Nov, 2024 09:39am
Conversion of power plants to coal: NEA of China seeks to set up working group for talks ISLAMABAD: The National Energy Administration (NEA) of China is said to have shown willingness, in principal, to... Updated 01 Nov, 2024 09:10am
Registered persons’ data, profiles: Taxmen granted real-time access for assessment ISLAMABAD: The Federal Board of Revenue (FBR) has granted tax officers real-time/in-depth access to registered... Updated 01 Nov, 2024 09:23am
Rs103bn shortfall: FBR collects Rs877bn in October ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs 877 billion during October 2024 against assigned... Updated 01 Nov, 2024 09:34am
Alarming surge in Wild Poliovirus Type-1: Govts to jointly review, monitor situation ISLAMABAD: Following an alarming surge in Wild Poliovirus Type-1 (WPV1) cases in the country within past three... Updated 01 Nov, 2024 09:11am
Five-year CPEC development plan: Ahsan calls for involving all provinces ISLAMABAD: A high-level meeting was chaired by Federal Minister for Planning, Development, and Special Initiatives... Updated 01 Nov, 2024 09:20am
Climate change could cut Pakistan’s GDP by 21.1pc by 2070: ADB ISLAMABAD: Climate change could cut Pakistan’s gross domestic product (GDP) by 21.1 per cent by 2070 under a high... Updated 01 Nov, 2024 09:58am
Statistics 1.4pc of GDP: Q1 ends with Rs1.696trn budget balance ISLAMABAD: The government closed first quarter of current fiscal year 2024-25 with overall budget balance of Rs1.696... Published 01 Nov, 2024 06:51am
PM holds trade, investment talks with Qatar’s emir, counterpart DOHA: Prime Minister Shehbaz Sharif on Thursday met Qatar’s Emir Sheikh Tamim bin Hamad Al Thani and his counterpart... Updated 01 Nov, 2024 09:21am
SBP’s reserves hit 2-1/2-year high of $11.2bn KARACHI: The State Bank of Pakistan’s foreign exchange reserves have reached a two-and-a-half-year high of $11.2... Published 01 Nov, 2024 06:51am
Below govt minimum: PIA stake sale attracts sole bid of Rs10bn ISLAMABAD: The Blue World Consortium has submitted the only bid for a 60 percent stake in Pakistan International... Published 01 Nov, 2024 06:51am
MPS on Nov 4 KARACHI: The Monetary Policy Committee (MPC) of SBP will meet on Monday, November 04, 2024 to decide about the... Published 01 Nov, 2024 06:51am
Release of Imran: 160 MPs say concerned at US lawmakers’ ‘intervention’ ISLAMABAD: A total of 160 Pakistani lawmakers have written to Prime Minister Shehbaz Sharif in which they expressed... Updated 01 Nov, 2024 09:31am
Petrol price hiked by Rs1.35, HSD’s by Rs3.85 ISLAMABAD: The federal government has announced a mixed bag of news for consumers, with a price hike for petrol and... Published 01 Nov, 2024 06:51am
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