12 major Chinese firms visit various sites of Dhabeji SEZ KARACHI: A delegation of 12 major Chinese companies, accompanied by Special Assistant to the Chief Minister of Sindh... Published 12 Dec, 2024 07:43am
40th SAARC Charter Day Celebration: South Asian leaders and business delegates unite for regional collaboration ISLAMABAD: A high level delegation of South Asian leaders and business representatives led by Md. Jashim Uddin,... Published 12 Dec, 2024 07:41am
Uplift schemes: Centre, KP agree to expedite pace of work PESHAWAR: Chairman of the Prime Minister Inspection Commission, Brigadier Muzaffar Ali Ranjha (R) called on Chief... Published 12 Dec, 2024 07:39am
Japan announces new $3.1m grant for oral polio vaccines ISLAMABAD: The Government of Japan has announced a new $3.1 million grant to procure essential oral polio vaccines ... Published 12 Dec, 2024 07:36am
ASF foils drug smuggling attempt KARACHI: Airport Security Force (ASF) on Wednesday claimed to have foiled a drug smuggling attempt at Karachi... Published 12 Dec, 2024 07:34am
Drought warning for several parts of southern region issued KARACHI: The Met Office on Wednesday issued a drought warning for several parts of the country’s southern region,... Published 12 Dec, 2024 07:32am
PTI chairman addresses NA, demands govt provide justice to party ISLAMABAD: With call to form an independent high-powered judicial commission to probe into May 9 and November 26... Published 12 Dec, 2024 07:32am
‘Missing’ PTI workers: ‘We don’t know whether they are alive or dead,’ Shibli tells Senate ISLAMABAD: The D-Chowk debacle has resonated in the upper house of the Parliament too — with Pakistan... Published 12 Dec, 2024 07:27am
Energy Minister seeks presentation on Discos’ sell-off plan ISLAMABAD: Federal Minister for Privatization Abdul Aleem Khan on Wednesday directed the Ministry of Power to ... Published 12 Dec, 2024 07:25am
IHC issues notice to ECP on Naqvi’s nomination papers for Senate polls ISLAMABAD: The Islamabad High Court (IHC) issued notice to the Election Commission of Pakistan (ECP) in response to ... Published 12 Dec, 2024 07:24am
Taxes SUVs/EVs: FBR chairman briefs Senate body on chargeability of FED ISLAMABAD: Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial on Wednesday informed that Ministry of ... Published 12 Dec, 2024 07:23am
PM offers condolences over death of Speaker Sadiq’s sister ISLAMABAD: Prime Minister Shehbaz Sharif expressed condolences with Speaker Sardar Ayaz Sadiq on the death of his... Published 12 Dec, 2024 07:20am
There’s improvement in overall business confidence: OICCI KARACHI: Better economic growth, improvement in exchange rate and decline in inflation have contributed to the... Published 12 Dec, 2024 07:15am
Commodities Gold prices soar KARACHI: Gold prices galloped on Wednesday, reflecting a sharp rise in global rates, traders said. Midweek trade saw... Published 12 Dec, 2024 07:12am
Cotton & Textile Cotton market: Buyers conspicuous by their absence LAHORE: The local cotton market on Wednesday remained steady and the trading volume remained low. Cotton Analyst... Published 12 Dec, 2024 07:11am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (December 11, 2024)... Published 12 Dec, 2024 07:10am
Commodities Dalian iron ore retreats SINGAPORE: Dalian iron ore futures prices retreated on Wednesday but hovered near two-month highs, as investors... Published 12 Dec, 2024 07:08am
Rates Activities of Karachi Port Trust, Port Qasim KARACHI: The Karachi Port Trust handled 177,794 tonnes of cargo comprising 118,573 tonnes of import cargo and 59,221... Published 12 Dec, 2024 07:08am
Commodities Palm oil lower on profit-booking JAKARTA: Malaysian palm oil futures extended loss on Wednesday, as traders booked profits following early gains that... Published 12 Dec, 2024 07:07am
Energy Oil prices rise HOUSTON: Oil prices rose more than 1% on Wednesday after the European Union agreed an additional round of sanctions... Published 12 Dec, 2024 07:06am
Commodities Dollar weighs on copper LONDON: Copper prices fell on Wednesday in response to a stronger US dollar, paring gains that drove the market to... Published 12 Dec, 2024 07:05am
Commodities Gold prices move up NEW YORK: Gold gained on Wednesday after an inflation print came in line with expectations, boosting the likelihood... Published 12 Dec, 2024 07:04am
Commodities Tighter US supply outlook holds corn near its highest since CANBERRA/PARIS: Chicago corn futures climbed on Wednesday and were near their highest levels since June 25 after the... Published 12 Dec, 2024 07:03am
Commodities Japanese rubber futures climb SINGAPORE: Japanese rubber futures gained ground on Wednesday, snapping a two-day losing streak, as concerns over... Published 12 Dec, 2024 07:02am
Energy US natgas prices climb NEW YORK: US natural gas futures climbed about 4% to a one-week high on Wednesday on forecasts for colder weather ... Published 12 Dec, 2024 07:00am
Stocks Nikkei reverses course to close tad higher TOKYO: Japan’s Nikkei share average erased losses to end marginally higher on Wednesday as investors bought back... Published 12 Dec, 2024 06:59am
Stocks Indian shares muted ahead of domestic data MUMBAI: Indian shares were little changed on Wednesday, as investors awaited key U.S and domestic inflation data for... Published 12 Dec, 2024 06:58am
Stocks China stocks range-bound as investors eye economic meeting HONG KONG: China traded in a narrow range on Wednesday as investors awaited a key economic policy meeting for clues... Published 12 Dec, 2024 06:51am
Money & Banking Dollar little changed after CPI NEW YORK: The dollar was little changed on Wednesday after US price data came in line with forecasts, reinforcing... Published 12 Dec, 2024 06:50am
Stocks European shares close up after US inflation data FRANKFURT: European stocks recouped earlier losses and closed up on Wednesday, as investors added to bets that the... Published 12 Dec, 2024 06:49am
Money & Banking Asian currencies retreat ahead of US inflation data BENGALURU: A gauge of emerging Asian equities and currencies declined on Wednesday, as investors awaited US ... Published 12 Dec, 2024 06:45am
‘4pc reduction in inflation should be announced in new monetary policy’ KARACHI: Hanif Lakhani, former senior vice president of the Karachi Chamber of Commerce and Industry (KCCI) and... Published 12 Dec, 2024 06:42am
Court Elahi last opportunity to appear for indictment LAHORE: A special court for anti-corruption on Wednesday expressed its serious displeasure over the continuous... Published 12 Dec, 2024 06:40am
Consumer Health Expo estimated to generate $20m in deals KARACHI: The 10th edition of the Beauty, Fitness, Consumer Health Expo and ICPF (Household & Stationery ... Published 12 Dec, 2024 06:40am
ATC extends physical remand of 9 PTI workers ISLAMABAD: The Anti-Terrorism Court (ATC) on Wednesday extended the physical remand of nine Pakistan Tehreek-e-Insaf... Published 12 Dec, 2024 06:40am
Ayaz advocates more connectivity, fostering co-operation among legislatures ISLAMABAD: National Assembly Speaker Sardar Ayaz Sadiq said that enhancing connectivity and fostering close... Published 12 Dec, 2024 06:32am
CM’s Skilled Punjab Programme launched LAHORE: Aligned with the Chief Minister of Punjab, Maryam Nawaz Sharif’s mission, the Punjab Skills Development... Published 12 Dec, 2024 06:29am
Imran had habit of harming his benefactors: Azma LAHORE: Punjab Information Minister Azma Bukhari said on Wednesday that those who kept creating a ‘hullabaloo’... Published 12 Dec, 2024 06:01am
HOTA orders a hospital to stop kidney transplantation ISLAMABAD: Following the directives of the Ministry of National Health Services and Regulations, the administrator ... Published 12 Dec, 2024 06:01am
Customs arranges awareness seminar on reforms ISLAMABAD: Pakistan Customs Karachi arranged an awareness seminar on the reforms introduced under the transformation... Published 12 Dec, 2024 06:01am
Governor, PST body discuss seminaries’ bill LAHORE: A delegation led by Pakistan Sunni Tehreek (PST) President, Hafiz Sarwat Ijaz Qadri met with Governor Punjab... Published 12 Dec, 2024 06:01am
Punjab govt says committed to providing basic amenities: minister LAHORE: Punjab Provincial Local Government Minister Zeeshan Rafiq has said that the Punjab government was fully... Published 12 Dec, 2024 06:01am
Kaira criticises PTI for its approach to talks LAHORE: Senior Pakistan Peoples Party (PPP) leader and former federal minister for information, Qamar Zaman Kaira,... Published 12 Dec, 2024 06:01am
Anti-polio drive in Punjab from 16th LAHORE: Punjab is set to launch a comprehensive anti-polio drive from December 16 across the province. The ... Published 12 Dec, 2024 06:01am
Seminar on ‘Trauma Audit’: VC FJMU speaks about criticality of emergency medicine department LAHORE: The Vice Chancellor, Fatima Jinnah Medical University (FJMU) Prof Khalid Masood Gondal has said that the... Published 12 Dec, 2024 06:01am
Middle East New Syria PM says all religious groups’ rights ‘guaranteed’ DAMASCUS: Syria’s new prime minister said the Islamist-led alliance that ousted president Bashar al-Assad will... Published 12 Dec, 2024 06:01am
Europe UK farmers stage tractor protest over new inheritance tax LONDON: British farmers lined up tractors outside parliament in London on Wednesday, in protest over the... Published 12 Dec, 2024 06:01am
Europe EU says states can limit asylum rights for migrants ‘weaponised’ by Russia BRUSSELS: The European Union said Wednesday that member states bordering Russia and Belarus can limit the right of... Published 12 Dec, 2024 06:01am
Europe Ukraine hits Russian border regions, sets oil depot ablaze KYIV: Ukraine attacked Russian border regions with missiles and drones early Wednesday, sparking a fire at an oil... Published 12 Dec, 2024 06:01am
Russia teams up with BRICS to create AI alliance, Putin says MOSCOW: President Vladimir Putin said on Wednesday that Russia would develop artificial intelligence with BRICS... Published 12 Dec, 2024 06:01am
UAE envoy calls on Dar ISLAMABAD: Ambassador of the UAE Hamad Obaid Ibrahim Al Zaabi called on Deputy Prime Minister/Foreign Minister... Published 12 Dec, 2024 06:01am
2034 World Cup in Saudi Arabia puts lives at risk: AI, other rights groups PARIS: FIFA’s decision to award the 2034 World Cup to Saudi Arabia puts the lives of construction workers at risk... Published 12 Dec, 2024 06:01am
The Weather KARACHI: The weather report on Wednesday (December 11, 2024) and the forecast for Thursday (December 12, 2024)... Published 12 Dec, 2024 06:01am
Rates Equities roar back KARACHI: Pakistan Stock Exchange (PSX) on Wednesday witnessed posted strong recovery supported by healthy buying... Published 12 Dec, 2024 06:01am
SC bench questions legality: ‘Phone tapping can only be authorised by a judge’ ISLAMABAD: The Constitutional Bench of the Supreme Court after raising concerns over existing laws questioned the... Published 12 Dec, 2024 06:01am
Housing scam: NAB arrests ex-senator Waqar LAHORE: The National Accountability Bureau (NAB) on Wednesday arrested the owner of Pak Arab Housing Society and... Published 12 Dec, 2024 06:01am
Burying the hatchet? Govt, PTI opt for parliamentary platform ISLAMABAD: The government and Pakistan Tehreek-e-Insaf (PTI) have decided to use the platform of Parliament for... Published 12 Dec, 2024 06:01am
TDF Magnifi Science Thar Expo held: Thar’s students can compete globally with right training: minister KARACHI: Provincial Minister for Education and Literacy Syed Sardar Ali Shah said that the children of Thar possess... Published 12 Dec, 2024 06:01am
Energy SSGC disconnects 4,964 illegal gas connections KARACHI: Sui Southern Gas Company Ltd. (SSGC) has disconnected a record 4,964 illegal gas connections during the ... Published 12 Dec, 2024 06:01am
Sindh Senior Citizen Card to facilitate with basic amenities: Minister KARACHI: Sindh is the first province to issue the Sindh Senior Citizen Card, which will facilitate senior citizens... Published 12 Dec, 2024 06:01am
PITB, PPRA organise e-procurement training session LAHORE: In collaboration with the Punjab Procurement Regulatory Authority (PPRA), the Punjab Information Technology... Published 12 Dec, 2024 06:01am
Pak delegation visit US to secure Aafia Siddiqui’s release ISLAMABBAD: A high-level delegation of the Senate of Pakistan has arrived in Dallas, tasked with advancing efforts ... Published 12 Dec, 2024 06:01am
May 9, Nov 24: Omar underscores need for judicial probe ISLAMABAD: The opposition leader in National Assembly Omar Ayub on Wednesday said that the party has submitted a... Published 12 Dec, 2024 06:01am
Kurram lawyers warn protest over closure of main highway ISLAMABAD: The Kurram District Bar Association has warned of massive lawyers’ movement over the prolonged closure... Published 12 Dec, 2024 06:01am
PARTLY FACETIOUS: Where is the retired Captain Safdar? “It’s not easy to let power go.” “Not relevant in the Land of the Pure. Here it is essential to first... Published 12 Dec, 2024 06:01am
Who won, who lost in Syria? Who cares about learning a lesson when a really big prize is in sight? So, from the point of view of the US whose... Updated 12 Dec, 2024 08:08am
Economic repercussions of reliance on cotton imports Pakistan’s economy is fundamentally rooted in agriculture, with cotton serving as the cornerstone of its... Updated 12 Dec, 2024 08:11am
Letters Crony capitalism in India Indian prime minister Narendra Modi’s Bharatiya Janata Party (BJP) has accused the US State Department and “deep... Published 12 Dec, 2024 06:01am
Energy Remarks on CASA-1000 project: Tajik minister seeks clarification from power minister ISLAMABAD: Tajikistan’s Minister for Energy and Water Resources, Juma Daler Shofaqir, has reportedly sought... Published 12 Dec, 2024 06:01am
Agricultural products: Impact of ICT adoption on consumer purchase intentions This article is based on outcome of recently attended 2nd International NSPP Public Conference on Food Security,... Updated 12 Dec, 2024 08:26am
Rates LME official prices LONDON: The following were Tuesday official prices. ========================================= ALUMINIUM... Published 12 Dec, 2024 06:01am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Wednesday (December 11, 2024). ========================== ... Published 12 Dec, 2024 06:01am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 11, 2024).... Published 12 Dec, 2024 06:01am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (December 11, 2024)... Published 12 Dec, 2024 06:01am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Wednesday (December 11, 2024). =======================================... Published 12 Dec, 2024 06:01am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (December 11, 2024). ====================================... Published 12 Dec, 2024 06:01am
Modernising power distribution infrastructure: $530m loan approved by ADB Bank approves $330 million in additional financing to strengthen Pakistan’s federally administered social protection programmes and services Updated 12 Dec, 2024 09:48am
Load management: Nepra directs NTDC, KE to employ real-time systems ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has directed NTDC and KE to implement real-time... Updated 12 Dec, 2024 09:33am
ADB projects GDP growth at 3pc, inflation at 10pc ISLAMABAD: Pakistan’s GDP growth in fiscal year 2025 is projected at three percent, revised upwards from 2.8... Updated 12 Dec, 2024 09:04am
PM reaffirms commitment to implement reforms ISLAMABAD: Prime Minister Shehbaz Sharif reaffirmed on Wednesday the government’s commitment to implement reforms... Updated 12 Dec, 2024 09:04am
150MW renewable energy projects: Nepra concludes hearing of KE’s Bid Evaluation Report KARACHI: K-Electric (KE) has made remarkable progress in its journey toward renewable energy with the submission of... Updated 12 Dec, 2024 09:39am
CAD declined 79pc in 2MFY25, NA told ISLAMABAD: Minister for Finance and Revenue Muhammad Aurangzeb said the Current Account Deficit (CAD) has declined... Updated 12 Dec, 2024 09:07am
ADB trims developing Asia’s growth forecast, flags US policy risks MANILA: Developing Asia is likely to grow more slowly than previously thought this year and next, and the outlook... Updated 12 Dec, 2024 09:43am
Germany advocates peaceful Syria transition BERLIN: Germany’s foreign minister on Wednesday urged Israel and Turkey not to jeopardise a peaceful transition in... Updated 12 Dec, 2024 09:08am
Assad’s fall shows Russian military limited by Ukraine offensive MOSCOW: The collapse of Moscow ally Bashar al-Assad’s Syrian government has dealt a major blow to Russia’s image of... Updated 12 Dec, 2024 09:09am
NFC award: govt official says IMF has attached no conditions ISLAMABAD: The Senate Standing committee on Finance and Revenue, while observing increasing distortions in resources... Updated 12 Dec, 2024 09:40am
APTMA urges FBR to revisit new customs system ISLAMABAD: All Pakistan Textile Mills Association (Aptma) has urged the Federal Board of Revenue (FBR) to review new... Updated 12 Dec, 2024 09:07am
Branches opening on Saturdays: FBR directives to Chief Collectors of Customs ISLAMABAD: The Federal Board of Revenue (FBR) has directed Chief Collectors of Customs to establish liaison with the... Published 12 Dec, 2024 06:01am
European software firm set to expand operations in Pakistan KARACHI: Relational, a European-based leading business software provider, and Dellsons Group have announced a... Published 12 Dec, 2024 06:01am
PSX’s gong ceremony welcomes delegates of Int’l Islamic Capital Market Conference KARACHI: Pakistan Stock Exchange (PSX) proudly hosted a Gong Ceremony on Wednesday to welcome the distinguished... Published 12 Dec, 2024 06:01am
SECP directed to ensure availability of UAN, websites with insurance companies LAHORE: An Insurance Tribunal has directed the Securities and Exchange Commission of Pakistan (SECP) to ensure... Published 12 Dec, 2024 06:01am
Punjab launches solarization programme for tubewells LAHORE: In a significant step to support Punjab’s agricultural sector, the provincial government has launched the... Published 12 Dec, 2024 06:01am
Punjab CM urges Shanghai-based cos to invest in her province LAHORE: Chief Minister Punjab Maryam Nawaz Sharif has invited Shanghai-based companies to invest in Punjab’s... Published 12 Dec, 2024 06:01am
LCCI, SBP organise seminar on fundamentals of Islamic banking LAHORE: The Lahore Chamber of Commerce & Industry and State Bank of Pakistan jointly organised an informative... Published 12 Dec, 2024 06:01am
US consumer inflation accelerates in Nov WASHINGTON: US consumer inflation ticked up for a second consecutive month in November, driven by food prices and... Published 12 Dec, 2024 06:01am
Rising remittance flows EDITORIAL: Remittances surged by 34 percent year-on-year to 14.76 billion dollars July-November 2024 against 11... Updated 12 Dec, 2024 08:03am
Low voter turnout EDITORIAL: It is reasonable to assume that more and more people in this country are keen to exercise their right to... Updated 12 Dec, 2024 08:04am
‘40pc of world’s Shariah-compliant financial experts hail from Pakistan’ KARACHI: Pakistan has firmly established itself as a key player in the global Islamic banking sector, with nearly 40... Published 12 Dec, 2024 06:01am
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 12 Dec, 2024 06:01am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 12 Dec, 2024 06:01am
‘Fake’ purchase of coal by cement makers: Abrupt transfer of officers halts probe into Rs11bn tax fraud
Ex-ISI chief Faiz Hameed arraigned on charges of ‘engaging in political activities’ among others, says ISPR