Industry President FPCCI elected VP CACCI for 2024 -26 KARACHI: Atif Ikram Sheikh, President FPCCI, has been elected as the Vice President of the Confederation of Asia -... Published 13 Nov, 2024 08:42am
7th CTI International Conference to be held in Islamabad ISLAMABAD: 7th Cyber Threat Intelligence (CTI) 2024 is all set to be held in Islamabad on Wednesday 13th November in... Published 13 Nov, 2024 08:39am
DG SBP for fully embracing true Islamic financial system value KARACHI: Saleem Ullah, Deputy Governor of the State Bank of Pakistan (SBP), has underscored the importance of fully... Published 13 Nov, 2024 08:38am
Sindh govt to address population growth thru UNFPA support: CM KARACHI: Sindh Chief Minister Murad Ali Shah, in a follow-up meeting with the UNFPA Regional Director for Asia and... Published 13 Nov, 2024 08:37am
Companies SBP conveys its final approval to TPL, Abhi Ltd KARACHI: The State Bank of Pakistan (SBP) has conveyed its final approval to TPL Corp (TPL) and Abhi (Private)... Published 13 Nov, 2024 08:35am
Companies PQAMC announces dividend of Rs1.973 per unit for Oct KARACHI: Pak-Qatar Asset Management Company Limited (PQAMC) is a leading dedicated Islamic Asset Management Company... Published 13 Nov, 2024 08:29am
Interior minister calls on Shujaat, vows to eliminate terrorism LAHORE: Interior Minister Mohsin Naqvi has expressed Pakistan’s commitment in fight against terrorism,... Published 13 Nov, 2024 08:28am
US envoy, CG meet students in Faisalabad FAISALABAD: US Ambassador Donald Blome and US Consul General Lahore Kristin K. Hawkins held an interactive session... Published 13 Nov, 2024 08:27am
Industry LCCI president appointed as advisor to FTO LAHORE: Federal Tax Ombudsman has appointed President of the Lahore Chamber of Commerce and Industry as Advisor to... Published 13 Nov, 2024 08:26am
Companies GFS Builders’ new Chawla Market project inaugurated at Orangi Town Residency KARACHI: GFS Builders and Developers organised a Haleem feast in honour of the families who booked units in the... Published 13 Nov, 2024 08:23am
Taxes Tribunal upholds tax authority’s right to correct erroneous assessment LAHORE: A tax tribunal has upheld the tax authority’s right to correct erroneous assessment orders even if the... Published 13 Nov, 2024 08:20am
PED orders 50pc of staff to work online amid smog concerns LAHORE: To control the emissions from transportation that are exacerbating the smog situation in the province, the... Published 13 Nov, 2024 08:19am
All-out steps pledged to reduce burden of pneumonia LAHORE: Like other parts of the globe, ‘The World Pneumonia Day’ was marked here Tuesday with a firm resolve to... Published 13 Nov, 2024 08:16am
Four cops dismissed from service for ‘committing’ corruption LAHORE: As many as four police officers were dismissed for corruption and abuse of power, marking a strict stance on... Published 13 Nov, 2024 08:15am
ECP reserves verdict in disqualification plea of Bazai ISLAMABAD: The electoral entity has reserved verdict in a case moved by Pakistan Muslim League Nawaz (PML-N)... Published 13 Nov, 2024 08:13am
‘Success of Trump in USA elections could change global scenario’ KARACHI: Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Chairman of the... Published 13 Nov, 2024 08:11am
Governor for overcoming smog problem on war footing LAHORE: Terming the 'smog' as a big problem, Punjab Governor, Sardar Saleem Haider Khan has called for taking... Published 13 Nov, 2024 08:10am
Jail rules case: IHC issues notices in ICA against single bench verdict ISLAMABAD: The Islamabad High Court (IHC), Tuesday, issued notices in an intra-court appeal (ICA) against a single... Published 13 Nov, 2024 08:08am
Ministry asks PTA to block, restrict all harmful online content ISLAMABAD: The Ministry of Religious Affairs and Interfaith Harmony, while observing that Pakistan is one of the... Published 13 Nov, 2024 08:06am
RTA directed to conduct operation against smoke-emitting vehicles LAHORE: In line with Lahore High Court orders, the Punjab government has directed the Regional Transport Authority... Published 13 Nov, 2024 08:03am
Omar demands removal of IGPs Punjab Police, Prisons ISLAMABAD: The opposition leader in National Assembly Omar Ayub Khan demanded immediate removal of inspectors ... Published 13 Nov, 2024 08:03am
Panel approves draft bill regarding status of women ISLAMABAD, Nov 12: A parliamentary panel, on Tuesday, approved the draft bill regarding the status of women after... Published 13 Nov, 2024 08:01am
Parachinar-Tal Hangu Road partially opened after over a month closure ISLAMABAD: Authorities and local tribes have finally agreed to partially open 19-kilometre Parachinar-Tal Hangu Road... Published 13 Nov, 2024 07:59am
PFA stops production of bakery over violations LAHORE: An enforcement team of the Punjab Food Authority (PFA) raided an outlet of a famous bakery in Hameedpura... Published 13 Nov, 2024 07:57am
PIA CEO skips panel meeting without any intimation ISLAMABAD: As the privatisation of the sinking titanic – Pakistan International Airlines (PIA) – is in doldrums,... Published 13 Nov, 2024 07:54am
Cricket bat symbol case: PTI asks SC Court to set aside SC judgment ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) has prayed to the Supreme Court to set aside the SC judgment dated... Published 13 Nov, 2024 07:52am
Middle East Lebanon rocket fire kills two in Israel OCCUPIED JERUSALEM: Rocket fire from Lebanon on Tuesday killed two men in their 40s in northern Israel, close to the... Published 13 Nov, 2024 07:51am
Letters Donald Trump’s vision for world peace For the Muslim world, facing both external threats and formidable internal challenges, the outcome of American... Published 13 Nov, 2024 07:27am
Retaining export competitiveness through traceability Traceability has become essential in the modern textile supply chain as buyers increasingly demand transparency,... Published 13 Nov, 2024 07:25am
Tobacco taxes – treaties, tensions, and trends Pakistan faces a pressing need for a sustainable tobacco taxation policy, particularly as tobacco use imposes severe... Published 13 Nov, 2024 07:15am
The ‘Trump card’ Close. Neck to neck. Touch and go. These were the general comments till the last vote was cast on 5th November in... Published 13 Nov, 2024 07:12am
IMF mission in town EDITORIAL: The schedule of reviews shared in the staff-level agreement report uploaded on the International Monetary... Published 13 Nov, 2024 07:07am
Disturbing revelations EDITORIAL: Of all the things Finance Minister Muhammad Aurangzeb mentioned at the Islamabad literature festival the... Published 13 Nov, 2024 07:00am
Chinese projects: Sindh police pushes for ex-servicemen as security guards ISLAMABAD: The Special Protection Unit (SPU) of the Sindh Police has directed all management and owners of Chinese... Updated 13 Nov, 2024 09:01am
Oil, gas ‘gift of God’, Azerbaijan president repeats at COP29 BAKU: Azerbaijan’s president, whose country is hosting the COP29 climate talks, on Tuesday repeated his insistence... Published 13 Nov, 2024 06:33am
PM interacts with world leaders BAKU: Prime Minister Shehbaz Sharif on Tuesday interacted with the global leaders as they gathered here to... Published 13 Nov, 2024 06:33am
Poorer countries: Lenders set $120bn climate finance goal BAKU: The world’s top multilateral banks pledged to ramp up climate finance to low and middle income countries to... Published 13 Nov, 2024 06:33am
Constitutional bench to proceed sans Justice Ayesha ISLAMABAD: The constitutional bench sans Justice Ayesha A Malik will hear constitutional cases; priority shall be... Updated 13 Nov, 2024 09:13am
PM lauds MWL’s commitment to promoting Islamic unity BAKU: Prime Minister Shehbaz Sharif on Tuesday appreciated the unwavering commitment of the Muslim World League ... Published 13 Nov, 2024 06:33am
Pakistan asks ICC to explain India Champions Trophy refusal KARACHI: The Pakistan Cricket Board (PCB) said Tuesday it has asked the sport’s governing body to explain ... Published 13 Nov, 2024 06:33am
USA Trump confirms China hawk Waltz as national security advisor WASHINGTON: Donald Trump on Tuesday confirmed his pick of Mike Waltz, a former US special forces officer and a noted... Published 13 Nov, 2024 06:33am
Asia Driver kills 35 people in ramming attack on crowd in China ZHUHAI, (China): A driver rammed his car into a crowd at a sports centre in southern China, killing 35 people and... Published 13 Nov, 2024 06:33am
Bus falls into Indus River, killing 14 GILGIT A bus carrying 27 passengers fell into the Indus River in northern Pakistan on Tuesday, killing 14 people,... Published 13 Nov, 2024 06:33am
Schools in five more Punjab divisions shut down LAHORE: Schools in five more divisions of Punjab have been closed in response to increasing air pollution. A... Published 13 Nov, 2024 06:33am
Alarming increase in smog: All educational institutes closed in Rawalpindi Division till 17th ISLAMABAD: Growing air pollution and alarming increase in smog has forced the authorities to close all the... Published 13 Nov, 2024 06:33am
Pakistan Under-19 looks ahead to tri-series challenge LAHORE: Pakistan Under-19 are all set to take on Afghanistan and hosts UAE in the U-19 tri-series commencing from... Published 13 Nov, 2024 06:33am
World Court rules Armenia, Azerbaijan mutual discrimination cases can move forward THE HAGUE: Judges at the International Court of Justice ruled on Tuesday that competing anti-discrimination cases... Published 13 Nov, 2024 06:33am
Nuclear watchdog chief says room to manoeuvre on Iran ‘shrinking’ BAKU: The head of the United Nations nuclear watchdog warned Tuesday that “the margins for manoeuvre are beginning... Published 13 Nov, 2024 06:33am
Court challenge begins against UK oil and gas field approvals EDINBURGH: Two environmental groups kicked off a legal challenge in Scotland on Tuesday to block the Rosebank and... Published 13 Nov, 2024 06:33am
New York judge pauses proceedings in Trump hush money case NEW YORK: A New York state judge paused for a week further action on President-elect Donald Trump’s conviction... Published 13 Nov, 2024 06:33am
Azerbaijan defends fossil fuels at COP29 as big names skip summit BAKU: The host of the UN climate summit in Azerbaijan on Tuesday defended fossil fuels and the right of countries to... Published 13 Nov, 2024 06:33am
4,000 beggars deported from Saudi Arabia in 3 years ISLAMABAD: The Federal Investigation Agency (FIA) has deported 4,000 beggars from Saudi Arabia during the last three... Published 13 Nov, 2024 06:33am
PTI leaders, SIC Chairman detained, later released RAWALPINDI: Punjab police on Tuesday briefly detained Pakistan Tehreek-e-Insaf (PTI) leaders, along with Sunni... Published 13 Nov, 2024 06:33am
LUMHS staff members organise protest rally HYDERABAD: A large number of Faculty members, Officers, Staff Members and Students of Liaquat University of Medical... Published 13 Nov, 2024 06:33am
Key facilitator in Peshawar Police Lines terrorist attack arrested: KP IG PESHAWAR: Khyber Pakhtunkhwa (KP) police have claimed they have arrested the main facilitator behind the suicide... Published 13 Nov, 2024 06:33am
Crisis-hit Germany headed for February 23 snap election BERLIN: Germany, mired in political crisis, is headed for February 23 elections, the main parties agreed Tuesday,... Published 13 Nov, 2024 06:33am
Rates Stocks snap winning streak KARACHI: Pakistan Stock Exchange on Tuesday started the trading session on positive however failed to continue this... Published 13 Nov, 2024 06:33am
Energy Asian Power Awards recognises KE’s 560MW BQPS-II KARACHI: K-Electric’s 560 MW Bin Qasim Power Station II (BQPS-II) was recognized for 2 awards at the global stage... Published 13 Nov, 2024 06:33am
PARTLY FACETIOUS: A bird in hand is worth two in the bush “One theory that needs debunking is the one that argues that a system in place is worth more than individuals... Published 13 Nov, 2024 06:33am
Energy US natgas prices hold near 5-week high NEW YORK: US natural gas futures held near a five-week high on Tuesday as the market took a breather after soaring ... Published 13 Nov, 2024 06:33am
Energy Oil prices flat, near 2-week low NEW YORK: Oil prices see-sawed in a tight range near a two-week low after dropping about 5% over the past two... Published 13 Nov, 2024 06:33am
Commodities PMEX daily trading report KARACHI: On Monday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 32.333 billion... Published 13 Nov, 2024 06:33am
Rates Activities of Karachi Port Trust, Port Qasim KARACHI: The Karachi Port Trust handled 80,529 tonnes of cargo comprising 58,745 tonnes of import cargo and 21,784... Published 13 Nov, 2024 06:33am
Commodities Iron ore ends little changed SINGAPORE: Iron ore futures prices traded within a narrow range on Tuesday as investors assessed a slew of softer... Published 13 Nov, 2024 06:33am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday, (November 12, 2024)... Published 13 Nov, 2024 06:33am
Cotton & Textile Spot rate resists further decline amid moderate trading LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Tuesday decreased the spot rate by Rs 100... Published 13 Nov, 2024 06:33am
Stocks Wall Street muted as focus moves to economic data NEW YORK: Wall Street’s main indexes were little changed on Tuesday following post-election gains over the past ... Published 13 Nov, 2024 06:33am
Stocks European shares under pressure on China worries FRANKFURT: European shares slipped on Tuesday, with China-exposed heavyweight stocks amongst top decliners on ... Published 13 Nov, 2024 06:33am
Stocks HK shares dip HONG KONG: Hong Kong stocks fell to a three-week low on Tuesday after data showed unexpectedly weak loan demand in... Published 13 Nov, 2024 06:33am
Stocks Nikkei reverses course to finish down TOKYO: Japan’s Nikkei share average gave up early gains on Tuesday to close lower, as semiconductor-related shares... Published 13 Nov, 2024 06:33am
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 13 Nov, 2024 06:33am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Tuesday (November 12, 2024). ========================== KIBOR... Published 13 Nov, 2024 06:33am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 13 Nov, 2024 06:33am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (November 12, 2024) . ==================================== ... Published 13 Nov, 2024 06:33am
Forex Dollar's rate in Interbank market KARACHI: Interbank closing rates for dollar on Tuesday (November 12, 2024) . ======================== Open ... Published 13 Nov, 2024 06:33am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (November 12, 2024) .... Published 13 Nov, 2024 06:33am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (November 12, 2024) .... Published 13 Nov, 2024 06:33am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (November 12, 2024)... Published 13 Nov, 2024 06:33am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Tuesday (November 12, 2024) . ======================================= ... Published 13 Nov, 2024 06:33am
Rates LME official prices LONDON: The following were Monday official prices. ========================================= ALUMINIUM... Published 13 Nov, 2024 06:33am
DFIs having interests in IPPs move Nepra Development Finance Institutions confirms opting for term SOFR+CAS as the base rate for replacement of London Interbank Offered Rate Updated 13 Nov, 2024 09:24am
Power Division fails to deliver on PMO’s tasks ISLAMABAD: Power Division is said to have failed to comply with majority of tasks including establishment of... Updated 13 Nov, 2024 10:43am
Aurangzeb shares update on state of economy with French envoy ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting with Nicholas Galey,... Updated 13 Nov, 2024 09:02am
FBR makeover: ECC approves five key areas ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, Tuesday, approved five key areas as part of the... Updated 13 Nov, 2024 09:11am
FBR tells IMF: No need for contingency revenue measures However, one proposal to impose lower rate of sales tax between 5 to 7 percent on petroleum products under examination Updated 13 Nov, 2024 10:49am
CDWP approves 7 uplift projects worth Rs559.766bn ISLAMABAD: The Central Development Working Party (CDWP) has approved 7 development projects worth Rs 559.766 billion... Updated 13 Nov, 2024 09:09am
IMF team holds ‘unusual’ talks over $7bn bailout ISLAMABAD: The International Monetary Fund’s Pakistan mission chief Nathan Porter on Tuesday opened unusual talks... Published 13 Nov, 2024 06:33am
Money & Banking Customer services: Banks mandated to address complaints within 30 days KARACHI: In a major move towards better customer services, the response period to banking customers in respect of... Updated 13 Nov, 2024 09:02am
Export boost: Pharma sector urges govt to lend a helping hand KARACHI: As Pakistan’s pharmaceutical sector aims to leverage its potential for increased exports, industry experts... Updated 13 Nov, 2024 09:25am
Civil servants’ kin: ED to repeal contract job policy guidelines ISLAMABAD: The Establishment Division has decided to withdraw policy guidelines for contract appointment of... Updated 13 Nov, 2024 09:12am
Companies Samba Pakistan: SNB terminates process to sell equity stake KARACHI: Saudi National Bank (SNB), the majority shareholder of Samba Bank Limited (SBL), has terminated the process... Published 13 Nov, 2024 06:33am
Stocks Agha Steel’s control: Fauji Foundation withdraws its PAI: PSX KARACHI: Fauji Foundation has withdrawn its public announcement of intention (PAI) to acquire shares and control of... Published 13 Nov, 2024 06:33am
SCB delivers solution to support IATA EASY PAY KARACHI: Standard Chartered Bank (SCB) Pakistan has implemented an improved IATA EASY PAY solution tailor made for... Published 13 Nov, 2024 06:33am
Commodities Gold prices drift lower KARACHI: Gold prices slumped on Tuesday after the global market nosedived below $2600 per ounce, traders said. The... Published 13 Nov, 2024 06:33am
Agriculture and Allied Lower market price may hit wheat yield in next Rabi season ISLAMABAD: The initial forecast indicates that the production of wheat is expected to decline in the next Rabi ... Published 13 Nov, 2024 06:33am
Taxes Senior customs official : FTO directs FBR to issue appreciation letter ISLAMABAD: Federal Tax Ombudsman (FTO) has directed Chairman Federal Board of Revenue (FBR) to issue an appreciation... Published 13 Nov, 2024 06:33am
Commodities Japanese rubber futures tumble on soft China data SINGAPORE: Japanese rubber futures fell to a one-week low on Tuesday, weighed down by a batch of softer Chinese... Published 13 Nov, 2024 06:33am
Commodities Malaysian palm oil falls tracking weak crude JAKARTA: Malaysian palm oil futures fell on Tuesday after closing at their highest since mid-June 2022 in the... Published 13 Nov, 2024 06:33am
Commodities Copper slides to two-month low LONDON: Copper prices slumped to the lowest in two months on Tuesday on worries about the impact of incoming US... Published 13 Nov, 2024 06:33am
Commodities France raises wheat, maize crop estimates, cuts sugar beet PARIS: France’s farm ministry on Tuesday raised its estimate of the country’s 2024 soft wheat and maize output... Published 13 Nov, 2024 06:33am