Red Line, Yellow Line BRT projects: Sharjeel directs authorities to expedite construction work KARACHI: Sindh Senior Minister Sharjeel Inam Memon has directed the authorities to accelerate the construction work... Published 14 Nov, 2024 08:47am
Cotton & Textile NA body informed: Sharp decline in cotton cess collection witnessed ISLAMABAD: The National Assembly Standing Committee on National Food Security and Research was informed on Wednesday... Updated 18 Nov, 2024 07:47pm
26pc of population affected by disease: Pakistan ranks among highest globally for diabetes prevalence ISLAMABAD: Pakistan ranks among the highest in the world for diabetes prevalence, with 26 percent of the population... Published 14 Nov, 2024 08:45am
Pakistan set to roll out its first AI policy to boost cybersecurity ISLAMABAD: The Ministry of IT and Telecom announced Pakistan is set to roll-out its first Artificial Intelligence... Published 14 Nov, 2024 08:44am
Companies Meezan Bank, CashNow to develop first digital Islamic supply chain finance product KARACHI: Meezan Bank has entered into a strategic alliance with CashNow to develop Pakistan’s first digital ... Published 14 Nov, 2024 08:41am
PIA to transport 35,000 intending pilgrims of govt Hajj scheme KARACHI: PIA will transport 35,000 intending pilgrims under Government Hajj scheme to Saudi Arabia this year. An... Published 14 Nov, 2024 08:39am
There’s need to prioritise mental health resources for diabetics: experts KARACHI: Alarming findings from the International Diabetes Federation’s (IDF) latest survey has revealed that over... Published 14 Nov, 2024 08:38am
Punjab govt reopens schools and colleges in Murree LAHORE: The Punjab government has announced the reopening of public and private schools and colleges in Murree after... Updated 14 Nov, 2024 08:59am
WCLA signs MoU with RUDA LAHORE: To improve accessibility for tourists by establishing a streamlined and innovative route to the Shahdara... Published 14 Nov, 2024 08:34am
Eng Younas assigned look after charge of MD NTDC LAHORE: The Board of Directors of National Transmission and Despatch Company Limited (NTDC), in its 281st meeting... Published 14 Nov, 2024 08:33am
Industrial use: Punjab proposes increase in water rates by amending rules LAHORE: The Punjab government has proposed to increase water rates for industrial use after approving amendments to... Published 14 Nov, 2024 08:32am
First fatality in 2024: Dengue claims young girl in Lahore LAHORE: A 14-year-old girl has died of dengue fever complications here at a local public sector hospital. This was... Published 14 Nov, 2024 08:30am
SCBA says 26th Amendment against ordinary citizens ISLAMABAD: Supreme Court Bar Association (SCBA) Secretary Salman Mansoor, on Wednesday, condemned the recent 26th... Published 14 Nov, 2024 08:28am
Pakistan-Australia T20I series set to start today LAHORE: Mohammad Rizwan is set to lead Pakistan’s T20I team, becoming the 12th man to be in charge, after a... Published 14 Nov, 2024 08:24am
Energy Increase in petroleum products’ prices on the cards ISLAMABAD: A significant increase in the prices of petroleum products is on the cards for the fortnight commencing... Updated 14 Nov, 2024 11:09am
South Asia India’s SC denounces demolitions of illegal properties MUMBAI: India’s Supreme Court on Wednesday strongly criticised states which were demolishing properties of... Published 14 Nov, 2024 08:18am
Review plea against apex court verdict: SC rules on Section 45B(2) of ST Act provisos ISLAMABAD: The Supreme Court by majority declared that first and second provisos to Section 45B(2) of the Act are... Published 14 Nov, 2024 08:16am
Four terrorists killed in Kech operation ISLAMABAD: Pakistan security forces neutralized four terrorists, including a high-value target, in Balochistan’s... Published 14 Nov, 2024 08:15am
Europe Heated debate on Amsterdam violence in Dutch parliament THE HAGUE: Dutch parliamentarians clashed Wednesday in a heated debate to discuss the attacks on Israeli fans after ... Published 14 Nov, 2024 08:04am
USA Republicans pick John Thune as new US Senate leader WASHINGTON: The Republicans in the US Senate picked John Thune as the chamber’s new leader Wednesday as lawmakers... Published 14 Nov, 2024 08:02am
Companies Annual Report 2023: FFC honoured with Gold Awards ISLAMABAD: Fauji Fertilizer Company Limited (FFC) continues to lead in financial reporting and corporate governance... Published 14 Nov, 2024 07:58am
Proposed MRP fixation: PTA expresses strong reservations KARACHI: The Pakistan Tea Association (PTA) has expressed strong reservations against the Federal Board of... Published 14 Nov, 2024 07:57am
Companies Spotify revenue surges to €4bn KARACHI: Spotify’s financial performance continues to hold steady as well during the year with total revenue going... Published 14 Nov, 2024 07:53am
Commodities Gold prices regain on global market uptrend KARACHI: The local gold prices regained ground on Wednesday, reflecting the global market uptrend, traders said. ... Published 14 Nov, 2024 07:48am
Export diversification, import substitution opportunities exist: Consulting firm for addressing structural deficiencies KARACHI: The experts have underscored the importance of addressing structural deficiencies and the need for... Published 14 Nov, 2024 07:47am
Development bank financing pledge gives summit early boost BAKU: COP29 negotiators welcomed a pledge by major development banks to lift funding to poor and middle-income... Published 14 Nov, 2024 07:45am
Letters There’s a context to ‘unusual’ IMF talks This is apropos a Business Recorder news item titled “IMF team holds ‘unusual’ talks over USD7 billion... Published 14 Nov, 2024 07:40am
Islamic banking operations: Senate body to call CII scholars ISLAMABAD: Senate Standing Committee on Finance and Revenue Wednesday decided to call scholars of Council of Islamic... Updated 14 Nov, 2024 09:04am
FBR introduces new payment creation system ISLAMABAD: The Federal Board of Revenue (FBR) introduced the New Payment Creation System, an advanced platform... Updated 14 Nov, 2024 09:26am
A royal bond Media stories about the possibility of King Charles’ South Asian visit next year that may bring him to Pakistan have... Published 14 Nov, 2024 06:37am
NA body takes notice of eviction of widow from govt accommodation ISLAMABAD: The Senate Standing Committee on Housing and Works took notice of depriving a widow of a government... Published 14 Nov, 2024 06:33am
Renaming of Islamabad Airport: NA panel concerned at non-implementation of resolution ISLAMABAD: A parliamentary panel on Wednesday expressed grave concern over the non-implementation of a National... Published 14 Nov, 2024 06:33am
Islamabad’s air quality is currently under control: CDA ISLAMABAD: The Chairman of the Capital Development Authority (CDA) and Chief Commissioner, Muhammad Ali Randhawa, on... Published 14 Nov, 2024 06:33am
Media workers: NA body says concerned at non-payment of salaries, retrenchment ISLAMABAD: The National Assembly’s Standing Committee on Information and Broadcasting voiced strong concern on... Published 14 Nov, 2024 06:33am
PTI leader urges SC to set aside IHC verdict ISLAMABAD: A Pakistan Tehreek-e-Insaf (PTI) leader prayed to the Supreme Court to set aside the judgment of the... Published 14 Nov, 2024 06:33am
Saudi Arabia replaces CEO of futuristic mega-city NEOM RIYADH: Saudi Arabia announced Tuesday that it was replacing the chief executive of its futuristic mega-city NEOM as... Published 14 Nov, 2024 06:33am
Poland opens long-awaited US missile base REDZIKOWO (Poland): Polish and American officials on Wednesday opened a US missile base in northern Poland ... Published 14 Nov, 2024 06:33am
Cold weather likely to grip upcountry KARACHI: The Met Office heralded a seasonal shift to cold weather for the upcountry with rain and snowfall, besides... Published 14 Nov, 2024 06:33am
Selected areas of Hyderabad: Holiday announced for LG by-elections today HYDERABAD: The Election Commission of Pakistan (ECP) has declared Thursday, November 14, 2024, as a holiday in... Published 14 Nov, 2024 06:33am
Sindh CM, federal minister discuss issues facing fishermen KARACHI: Sindh Chief Minister Syed Murad Ali Shah and Federal Minister for Maritime Qaiser Shaikh, during their... Updated 14 Nov, 2024 09:00am
Europe Russia’s growth dips as inflation weighs on economy MOSCOW: Russia’s growth slowed in the third quarter, official statistics published Wednesday showed, with high... Published 14 Nov, 2024 06:33am
The Weather KARACHI: The weather report on Wednesday (November 13, 2024) and the forecast for Thursday (November 14, 2024)... Published 14 Nov, 2024 06:33am
First-ever ‘Transgender Education Policy’ draft approved KARACHI: Pakistan’s first-ever “Transgender Education Policy” draft was approved in a meeting chaired by... Published 14 Nov, 2024 06:33am
Cheema granted post-arrest bail LAHORE: The Lahore High Court on Wednesday granted post-arrest bail to PTI leader Musarrat Jamshed Cheema in a case... Published 14 Nov, 2024 06:33am
CBCare mobile app, portal launched in Cantonment Areas KARACHI: In line with the Government of Pakistan’s Digital Pakistan Policy and the mission of the Military Lands... Published 14 Nov, 2024 06:33am
ATC extends physical remand of Sara Khan LAHORE: An Anti-Terrorism Court on Wednesday extended for next six days the physical remand of a tiktoker Sara Khan... Published 14 Nov, 2024 06:33am
Clean drinking water: Alkhidmat Foundation, Japanese govt ink MoU LAHORE: In a significant step toward enhancing access to clean drinking water in Pakistan’s industrial regions,... Published 14 Nov, 2024 06:33am
Prosperity returning to Pakistan: Azma LAHORE: Punjab Information Minister Azma Bokhari has said that the political birth of Pakistan Tehreek-e-Insaf (PTI)... Published 14 Nov, 2024 06:33am
PRA launches major inspection drive in restaurants LAHORE: The Punjab Revenue Authority (PRA) has intensified its efforts to ensure tax compliance in Lahore’s... Published 14 Nov, 2024 06:33am
Plea seeking minimum salary of $1,000 per month filed LAHORE: A citizen has approached the Lahore High Court (LHC) to fix a minimum salary at $1,000 a month across... Published 14 Nov, 2024 06:33am
PFA shuts two food points over violations LAHORE: The Punjab Food Authority (PFA) has shut down two production units and imposed hefty fines on two others ... Published 14 Nov, 2024 06:33am
Non issuance of visa by Dubai: Panel fails to speak a single word ISLAMABAD: In what appears to be an unprecedented admission of helplessness, a parliamentary panel on Wednesday... Updated 14 Nov, 2024 11:30am
NAVTTC chief meets BISP chairperson ISLAMABAD: Chairperson of the National Vocational and Technical Training Commission (NAVTTC) Gulmina Bilal visited... Published 14 Nov, 2024 06:33am
Meta supports creators in Karachi to inspire new wave of content KARACHI: Meta connected with content creators in Karachi through various engagements starting with an event that... Published 14 Nov, 2024 06:33am
Sec 144 violation: IK, others acquitted ISLAMABAD: A local court, on Wednesday, acquitted Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan and... Published 14 Nov, 2024 06:33am
IK gives final call for anti-govt march RAWALPINDI: Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan on Wednesday gave the final call for a large-scale... Published 14 Nov, 2024 06:33am
Climate change: Previous financial pledges yet to materialise: PM BAKU: Prime Minister Shehbaz Sharif on Wednesday sensitizing the global community on the risks posed by climate... Published 14 Nov, 2024 06:33am
Stocks Dow, S&P 500 edge higher after inflation data NEW YORK: The S&P 500 and the Dow edged higher on Wednesday after in-line consumer price inflation data kept the... Published 14 Nov, 2024 06:33am
Stocks European shares edge lower as energy gains offset real estate FRANKFURT: European shares ended Wednesday on a dour note, with the STOXX 600 closing at a three-month low as rising... Published 14 Nov, 2024 06:33am
Stocks China stocks rebound; HK pares losses as investors digest Trump cabinet HONG KONG: China stocks pared losses to close higher on Wednesday, lifted by gains in telecom companies. Hong Kong... Published 14 Nov, 2024 06:33am
Stocks Nikkei falls after last week’s rally TOKYO: Japan’s Nikkei share average ended lower on Wednesday as investors sold stocks in the backdrop of the... Published 14 Nov, 2024 06:33am
Democracy under attack Despite its shortcomings democracy is widely hailed as the best-known system of governance known to mankind. It... Published 14 Nov, 2024 06:33am
No surprise in the surprise visit The only surprise in the IMF team’s surprise visit to Pakistan this week was that it took the trouble to jolt the... Updated 14 Nov, 2024 07:15am
PARTLY FACETIOUS: The Brown Pope’s decision “I propose Nishan-e-Haider, the highest military award, for the Brown Pope.” “He is not in the military has never... Updated 14 Nov, 2024 06:54am
Rates LME official prices LONDON: The following were Tuesday official prices. ========================================= ALUMINIUM... Published 14 Nov, 2024 06:33am
Energy SSGC launches 2024-25 winter safety awareness campaign KARACHI: Sui Southern Gas Company has launched its 2024-25 Winter Safety Awareness campaign in a session that was... Published 14 Nov, 2024 06:33am
Rates Equities climb higher KARACHI: Pakistan Stock Exchange on Wednesday witnessed mixed trend and remained oscillating in positive and ... Published 14 Nov, 2024 06:33am
Rates Activities of Karachi Port Trust, Port Qasim KARACHI: The Karachi Port Trust handled 157,698 tonnes of cargo comprising 112,639 tonnes of import cargo and 45,059... Published 14 Nov, 2024 06:33am
Commodities EU wheat prices fall LONDON: European wheat prices fell on Wednesday, with continued stiff competition from Russia and Ukraine ... Published 14 Nov, 2024 06:33am
Commodities Japanese rubber futures down SINGAPORE: Japan’s rubber futures fell for a fourth session on Wednesday, as tariff threats from US ... Published 14 Nov, 2024 06:33am
Commodities PMEX daily trading report KARACHI: On Tuesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 29.444 billion... Published 14 Nov, 2024 06:33am
Commodities Gold rises from 2 months low ahead of US inflation data NEW YORK: Gold prices rose on bargain buying on Wednesday after the metal dropped to its lowest in nearly two months... Published 14 Nov, 2024 06:33am
Energy Oil slips towards 2-week low NEW YORK: Oil prices slipped on Wednesday, trading near their lowest in two weeks, a day after OPEC lowered global... Published 14 Nov, 2024 06:33am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (November 13, 2024)... Published 14 Nov, 2024 06:33am
Cotton & Textile Modest business on cotton market LAHORE: The local cotton market on Wednesday remained steady and the trading volume remained a little bit low.... Published 14 Nov, 2024 06:33am
Commodities Malaysian palm oil slips JAKARTA: Malaysian palm oil futures fell for a second session in a row on Wednesday, dragged down by the heavy ... Published 14 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 14 Nov, 2024 06:33am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Wednesday (November 13, 2024). ========================== ... Published 14 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 14 Nov, 2024 06:33am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (November 13, 2024) . ====================================... Published 14 Nov, 2024 06:33am
Forex Dollar's rate in Interbank market KARACHI: Interbank closing rates for dollar on Wednesday (November 13, 2024) . ======================== Open ... Published 14 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 Wednesday (November 13, 2024) .... Published 14 Nov, 2024 06:33am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 13, 2024) .... Published 14 Nov, 2024 06:33am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (November 13, 2024)... Published 14 Nov, 2024 06:33am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Wednesday (November 13, 2024) . =======================================... Published 14 Nov, 2024 06:33am
UBG urges chambers to highlight issues of economic challenges KARACHI: Patron-in-chief of the United Business Group (UBG) and former caretaker Provincial Minister for Industry ... Published 14 Nov, 2024 06:33am
Industry PVMA congratulates Atif Ikram on his election as CACCI’s VP KARACHI: Pakistan Vanaspati Manufacturers Association (PVMA) has extended its heartfelt congratulations to Atif ... Published 14 Nov, 2024 06:33am
PIEDMC approves expansion of Quaid-e-Azam Business Park LAHORE: In the board meeting of Punjab Industrial Estates Development and Management Company, it was approved to... Published 14 Nov, 2024 06:33am
FBR assures IMF: Rs12.9trn revenue target will stay intact Tax collection target of the FBR would not be revised downward for the current fiscal year, sources say Updated 14 Nov, 2024 02:25pm
ADB delegation meets minister: ‘Investment needed to prepare Discos for privatisation’ ISLAMABAD: Minister for Power, Sardar Awais Khan Leghari has sought investment from development partners to prepare... Updated 14 Nov, 2024 09:20am
Matter referred to Cabinet committee: PC board rejects Rs10bn bid for PIA ISLAMABAD: The Privatization Commission Board rejected the Rs10 billion bid submitted by Blue World City Consortium... Updated 14 Nov, 2024 09:24am
KP govt again seeks to participate in PIA bidding ISLAMABAD: After having formally conveyed its willingness to the federal government to buy Pakistan International... Updated 14 Nov, 2024 09:28am
IMF briefed about recovery plan, local debt ISLAMABAD: The Finance Division on Wednesday apprised the International Monetary Fund (IMF) on debt, external... Updated 14 Nov, 2024 09:22am
Jam, World Bank team discuss export reform agenda ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan and World Bank team met to discuss Pakistan’s export reform... Updated 14 Nov, 2024 09:05am
Conversion into welfare entity proposed: NA panel approves 20pc stake sale in SLIC ISLAMABAD: The National Assembly Standing Committee on Commerce, has approved divestment of 20 percent shares of... Updated 14 Nov, 2024 10:27am
EV charging tariff delay: Govt apathy hits investors and consumers ISLAMABAD: The government’s apathy towards determination of new tariff to set up Electric Vehicles (EVs) charging... Updated 14 Nov, 2024 09:23am
NTDC admits delay in implementing power plan ISLAMABAD: The National Transmission and Dispatch Company Limited (NTDC) on Wednesday admitted delay in implementing... Updated 14 Nov, 2024 09:31am
Money & Banking Indian rupee ends nearly flat MUMBAI: The Indian rupee closed nearly unchanged on Wednesday, as dollar sales by state-run banks helped the ... Published 14 Nov, 2024 06:33am
Money & Banking Dollar advances near 7-month peak NEW YORK: The US dollar advanced near a seven-month high against major currencies on Wednesday after data showed US... Published 14 Nov, 2024 06:33am
Money & Banking Asian currencies: Malaysian ringgit at 3-month low BENGALURU: Malaysia’s ringgit was the major loser on Wednesday among broadly muted emerging Asian peers as its... Published 14 Nov, 2024 06:33am
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept