TPL Properties launches its first sales office in Karachi KARACHI: In a significant milestone, TPL Properties (TPLP) has unveiled its inaugural sales office, underscoring its... Published 17 Dec, 2024 08:56am
Companies FAST Cables signs MoU with IBA and NED KARACHI: Pakistan’s leading cable brand, FAST Cables, has signed a Memorandum of Understanding (MoU) with the... Published 17 Dec, 2024 08:56am
CPJ condemns journalist’s killing NEW YORK: Two unidentified persons shot and killed Malik Zafar Iqbal Naich, a newspaper reporter on Thursday,... Published 17 Dec, 2024 08:54am
Diamer Basha Dam: Wapda chief reviews construction activities LAHORE: Chairman Wapda Engr Lt Gen Sajjad Ghani (Retd) reviewed construction activities being carried out on project... Published 17 Dec, 2024 08:54am
Punjab Investment Conference 2024: Advancing economic growth and strategic partnerships LAHORE: The Punjab Investment conference was held in Shanghai on December 12, 2024. At the conference, significant... Published 17 Dec, 2024 08:51am
Public representatives for 2024: Punjab PA passes bill to review salaries LAHORE: The Punjab Assembly on Monday passed a bill with a majority vote regarding a review of the salaries of ... Published 17 Dec, 2024 08:50am
Energy LCCI urges govt to reduce electricity tariffs LAHORE: The Lahore Chamber of Commerce and Industry has urged the government to immediately reduce electricity... Published 17 Dec, 2024 08:50am
10th anniversary of Army Public School Peshawar’s tragedy marked LAHORE: Like other parts of the country, the 10th anniversary of the tragic terror incident at Army Public School... Published 17 Dec, 2024 08:47am
ATC declares 11 PTI workers POs LAHORE: An anti-terrorism court on Monday declared eleven PTI workers proclaimed offenders (POs) in a case of... Published 17 Dec, 2024 08:46am
Sindh CM launches 7-day polio eradication campaign KARACHI: Sindh Chief Minister Syed Murad Ali Shah inaugurated a new polio eradication campaign across the province,... Published 17 Dec, 2024 08:34am
Energy Potential increase in petrol prices adjusted by reducing IFEM ISLAMABAD: The federal government has adjusted the potential increase in petrol prices by reducing the Inland ... Published 17 Dec, 2024 08:31am
1,591 graduates honoured at IoBM’s 27th convocation KARACHI: A vibrant sense of excitement and boundless ambition illuminated the faces of the 1,591 graduates as they... Published 17 Dec, 2024 08:29am
Punjab to get French grant to combat air pollution LAHORE: French Ambassador HE Nicolas Galey and Chairman P&D Board, Barrister Nabeel Ahmad Awan, signed a... Published 17 Dec, 2024 08:28am
Commodities Gold prices down KARACHI: Gold prices saw a moderate decline on Monday, reflecting a slight dip in global rates, traders said. Gold... Published 17 Dec, 2024 08:27am
Energy SSGC says rehabilitating aging gas distribution infrastructure KARACHI: Sui Southern Gas Company (SSGC) is currently engaged in the rehabilitation of its aging gas distribution... Published 17 Dec, 2024 08:16am
ODI series against South Africa starts today LAHORE: Pakistan and South Africa are ready to lock horns in a three-match ODI series starting from today at the... Published 17 Dec, 2024 08:15am
Interim bail of Marwat, Shoaib extended ISLAMABAD: The Anti-Terrorism Court (ATC), on Monday, extended the interim bail of Pakistan Tehreek-e-Insaf (PTI)... Published 17 Dec, 2024 08:03am
Companies BankIslami achieves 2024 Euro Clearing Quality Recognition Award KARACHI: BankIslami recently won the “2024 Euro Clearing Quality Recognition Award” from JP Morgan for achieving... Published 17 Dec, 2024 08:02am
Import clearance: FPCCI body urges FBR to restore green channel KARACHI: The Convener of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Standing Committee on... Published 17 Dec, 2024 08:00am
Industry FWCCI urges govt to reduce policy rate by 500 basis points FAISALABAD: Mrs Shahida Aftab, President Faisalabad Women Chamber of Commerce and Industry (FWCCI) has urged the... Published 17 Dec, 2024 07:59am
GCUF approves scholarships for Palestinian students FAISALABAD: In a significant step towards fostering education and solidarity, Government College University... Published 17 Dec, 2024 07:58am
‘Govt to vaccinate every child against polio’ ISLAMABAD: The federal secretary Ministry of National Health Services and Regulations has reiterated the... Published 17 Dec, 2024 07:57am
Companies JazzCash redesigns app user interface ISLAMABAD: JazzCash, Pakistan’s largest fintech platform has unveiled a new brand identity and redesigned the app... Published 17 Dec, 2024 07:55am
Khaqan challenges 26th Constitutional Amendment in SHC KARACHI: Former Prime Minister Shahid Khaqan Abbasi on Monday challenged the 26th Constitutional Amendment in the... Published 17 Dec, 2024 07:53am
Mayor says uplift being carried out in all districts KARACHI: Mayor Karachi Barrister Murtaza Wahab has stated that continuous development is ongoing across all seven... Published 17 Dec, 2024 07:49am
SECP team visits China to explore market development ISLAMABAD: A high-level delegation led by Chairman Securities and Exchange Commission (SECP) Akif Saeed, is... Published 17 Dec, 2024 07:41am
Industry Trade leaders resent leasing of footpaths KARACHI: Business leaders on Monday resented the leasing of footpaths, fearing that the city mayor's move will... Published 17 Dec, 2024 07:39am
Letters ‘Invest, but not for profit’ This is apropos a Business Recorder op-ed titled “Invest, but not for profit” carried by the newspaper ... Published 17 Dec, 2024 07:07am
Europe EU adopts new Russia sanctions targeting China, shadow fleet BRUSSELS: The European Union has adopted a 15th package of sanctions against Russia over its invasion of Ukraine,... Published 17 Dec, 2024 06:47am
South Asia India must do more to tax its super-rich: France’s Piketty NEW DELHI: India should do more to tax its super-rich given its high levels of inequality, French economist and... Published 17 Dec, 2024 06:47am
Digital Nation Pakistan Bill tabled in NA ISLAMABAD: As part of Prime Minister Shehbaz Sharif’s national digital agenda spanning economy, society, and... Published 17 Dec, 2024 06:47am
Nation pays homage to APS martyrs ISLAMABAD: The 10th anniversary of the tragic terror attack at Army Public School Peshawar that claimed the lives of... Published 17 Dec, 2024 06:47am
SC launches online feedback platform ISLAMABAD: The Supreme Court launches online feedback form stakeholders engagement for judicial reform for public... Published 17 Dec, 2024 06:47am
Europe IRA bombs: Gerry Adams to stand civil trial in 2026 LONDON: Politician Gerry Adams, whose Sinn Fein party was once the political wing of the Irish Republican Army, will... Published 17 Dec, 2024 06:47am
Policeman killed guarding polio vaccination team PESHAWAR: Militants shot a police officer guarding polio vaccinators on Monday, police said, the day after health... Updated 17 Dec, 2024 09:13am
5 ex-Navy officers: IHC vacates stay order regarding execution ISLAMABAD: The Islamabad High Court (IHC) vacated stay orders regarding the execution of five ex-Navy officers who... Published 17 Dec, 2024 06:47am
Shah Abdul Latif University signs MoU with AIPS HYDERABAD: On Monday, a Memorandum of Understanding (MoU) was signed between Shah Abdul Latif University (SALU),... Published 17 Dec, 2024 06:47am
DC begins anti-polio drive LAHORE: Deputy Commissioner (DC) Lahore Syed Musa Raza inaugurated the anti-polio campaign at DHQ Mian Mir Hospital... Published 17 Dec, 2024 06:47am
At desk climate change: BUHSCK hosts 6th national conference on climate change & health KARACHI: Prof Dr. Mohammed Saeed Quraishy T.I, Vice Chancellor of Dow University of Health Sciences Karachi,... Published 17 Dec, 2024 06:47am
Housing society scam: AC grants post-arrest bail to ex-senator, brother LAHORE: An accountability court on Monday granted post-arrest bail to former senator Waqar Ahmad Khan and his ... Published 17 Dec, 2024 06:47am
PARTLY FACETIOUS: The concept of flow and stock “There is the concept of flow and then there is the concept of stock.” “Yes, I know – the stock of energy... Updated 17 Dec, 2024 08:19am
Call for civil disobedience not withdrawn: Gohar ISLAMABAD: Despite formation of a committee tasked with engaging in talks with the government, the chairman of... Published 17 Dec, 2024 06:47am
PM to leave for Egypt tomorrow for D-8 Summit ISLAMABAD: Prime Minister Shehbaz Sharif will embark upon a three-day official visit to Egypt on Wednesday to attend... Updated 17 Dec, 2024 08:08am
Four more Pakistanis die in Greece boat tragedy: FO ISLAMABAD: The Foreign Office (FO) spokesperson has confirmed the death of four more Pakistanis in boats capsized in... Updated 17 Dec, 2024 08:09am
Senate told: Probe launched into attacks on journalists ISLAMABAD: The federal government has announced in the upper house of the Parliament to have launched an inquiry ... Published 17 Dec, 2024 06:47am
Cost of Diamer Bhasha Dam increases to Rs1.05trn ISLAMABAD: Minister for Water Resources Musadik Malik said that the cost of Diamer Bhasha Dam Project has increased... Updated 17 Dec, 2024 08:10am
Tarar underscores pivotal role of cultural diversity ISLAMABAD: Federal Minister for Information Attaullah Tarar has underscored the pivotal role of cultural diversity ... Updated 17 Dec, 2024 08:11am
Mazari, others indicted in GHQ attack case RAWALPINDI: The Anti-Terrorism Court (ATC) on Monday indicted former minister Shireen Mazari and eight other accused... Updated 17 Dec, 2024 08:11am
Nov 26 protest: ATC discharges 61 PTI workers ISLAMABAD: The Anti-Terrorism Court (ATC) on Monday discharged 61 out of 186 Pakistan Tehreek-e-Insaf (PTI) workers... Published 17 Dec, 2024 06:47am
APS and after For a parent, the loss of a child remains a searing wound that just will not heal. And when a parent is one of many... Updated 17 Dec, 2024 08:24am
Fall in the rate of inflation The very good news is that there has been a precipitate drop in the rate of inflation, as measured by the Consumer... Updated 17 Dec, 2024 08:25am
Stocks China stocks weaken after disappointing consumer data HONG KONG: Chinese stocks extended their fall on Monday after data showed unexpected weakness in consumer spending,... Published 17 Dec, 2024 06:47am
Stocks Japan’s Nikkei ends nearly flat TOKYO: Japan’s Nikkei share average ticked lower to close nearly flat on Monday, as caution ahead of major central... Published 17 Dec, 2024 06:47am
The Weather KARACHI: The weather report on Monday (December 16, 2024) and the forecast for Tuesday (December 17, 2024)... Published 17 Dec, 2024 06:47am
Rates Index zooms past 116,000 mark KARACHI: Pakistan Stock Exchange continued its bullish trend and hit new highest-ever levels on the back of... Published 17 Dec, 2024 06:47am
Stocks Stocks rise, Nasdaq at record high as Fed decision awaited NEW YORK: The S&P 500 and the Nasdaq rose on Monday, as investors looked ahead to an anticipated Federal Reserve... Published 17 Dec, 2024 06:47am
Energy Luxury and energy sectors weaken European shares PARIS: European shares closed lower on Monday, bogged down by heavyweight luxury and energy shares after... Published 17 Dec, 2024 06:47am
Energy US natural gas slides NEW YORK: US natural gas futures slipped 2% to a near one-week low on Monday as weather forecasts suggested less ... Published 17 Dec, 2024 06:47am
Commodities Copper edges down on mixed China economic data SHANGHAI: London copper edged down on Monday after China’s economic data showed a mixed recovery among different... Published 17 Dec, 2024 06:47am
Energy Oil prices fall on soft Chinese spending NEW YORK: Oil futures eased from the highest levels in several weeks on Monday on weakness in consumer spending in... Published 17 Dec, 2024 06:47am
Commodities Malaysian palm oil lower KUALA LUMPUR: Malaysian palm oil futures closed lower on Monday for a second straight session, giving up its midday... Published 17 Dec, 2024 06:47am
Rates Activities of Karachi Port Trust, Port Qasim KARACHI: The Karachi Port Trust handled 295,113 tonnes of cargo comprising 148,324 tonnes of import cargo and ... Published 17 Dec, 2024 06:47am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday, (December 16, 2024)... Published 17 Dec, 2024 06:47am
Cotton & Textile Cotton market: Mills sideline in absence of guiding factors LAHORE: The local cotton market on Monday remained steady and the trading volume remained low. Cotton Analyst ... Published 17 Dec, 2024 06:47am
Commodities Japanese rubber futures up SINGAPORE: Japanese rubber futures rose on Monday after a two-session decline, as concerns of wet weather disrupting... Published 17 Dec, 2024 06:47am
Commodities PMEX daily trading report KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 26.035 billion... Published 17 Dec, 2024 06:47am
Rates LME official prices LONDON: The following were Friday official prices. ========================================= ALUMINIUM... Published 17 Dec, 2024 06:47am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Monday (December 16, 2024). ========================== KIBOR... Published 17 Dec, 2024 06:47am
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 Dec, 2024 06:47am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Monday (December 16, 2024). ======================== Open Bid... Published 17 Dec, 2024 06:47am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (December 16, 2024).... Published 17 Dec, 2024 06:47am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (December 16, 2024).... Published 17 Dec, 2024 06:47am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (December 16, 2024)... Published 17 Dec, 2024 06:47am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Monday (December 16, 2024). ======================================= Offset... Published 17 Dec, 2024 06:47am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Monday (December 16, 2024). ==================================== BR... Published 17 Dec, 2024 06:47am
Backing FBR operationalisation: Federal Cabinet approves setting up of ‘NTC’ National Targeting Centre employs advanced technologies and intelligence analysis to identify and prioritise potential threats related to the movement of passengers and cargo Updated 17 Dec, 2024 09:34am
Rs1.8m GST cuts on services: FBR and top CA firm at loggerheads KARACHI: The Federal Board of Revenue (FBR) and a top Chartered Accountants (CA) firm are at loggerheads over Rs.1.8... Updated 17 Dec, 2024 09:36am
‘IMF exit strategy in place’: Aurangzeb updates PBC on twin deficits progress KARACHI: Federal Finance Minister Senator Muhammad Aurangzeb briefed the members of Pakistan Business Council (PBC)... Updated 17 Dec, 2024 09:26am
PIA sell-off: Govt will have to own Rs800bn in liabilities: Asif ISLAMABAD: Minister for Aviation Khawaja Muhammad Asif said the government would have to own Rs800 billion in... Updated 17 Dec, 2024 09:25am
China’s fast-growing industry worthy of being imitated: CM LAHORE: Terming her visit to China as a true reflection of strong bilateral relations and shared commitment to... Updated 17 Dec, 2024 08:41am
Solar panels free of charge: Provincial govts’ move leaves policymakers scrambling ISLAMABAD: The rampant import and installation of solar panels in the country, which is paying over Rs 2 trillion as... Updated 17 Dec, 2024 09:36am
Dual nationals in key SBP roles: Govt panel to assess implications ISLAMABAD: The Federal Cabinet has constituted a committee under the chairmanship of Minister for Planning,... Updated 17 Dec, 2024 09:35am
FDI in telecom sector declines ISLAMABAD: Telecom industry’s Foreign Direct Investment (FDI) contribution to the national exchequer and investment... Updated 17 Dec, 2024 08:42am
Jul-Oct LSM output shows -0.64pc contraction YoY ISLAMABAD: The Overall Large Scale Manufacturing (LSM) sector has shown a growth of -0.64 percent during the first... Updated 17 Dec, 2024 09:31am
SCBA demands govt implement Hamoodur Rahman Commission report ISLAMABAD: The Supreme Court Bar Association (SCBA) demanded to implement the Hamoodur Rahman Commission’s report... Published 17 Dec, 2024 06:47am
China-Indian Ocean Region Forum: Pakistan reiterates its commitment to marine cooperation ISLAMABAD: President Asif Ali Zardari virtually attended the 3rd China-Indian Ocean Region Forum on Monday, a... Updated 17 Dec, 2024 09:24am
National digital commission to be set up: govt ISLAMABAD: The government on Monday announced to set up a National Digital Commission, headed by Prime Minister... Published 17 Dec, 2024 06:47am
UK likely to ink FTA with Pakistan ISLAMABAD: British High Commissioner to Pakistan Jane Marriott hinted that the United Kingdom (UK) may enter into a... Published 17 Dec, 2024 06:47am
Improvement in business confidence EDITORIAL: It’s no surprise that results of the Overseas Investors Chamber of Commerce and Industry’s ... Updated 17 Dec, 2024 08:18am
Debt sustainability analysis EDITORIAL: A debt sustainability analysis conducted by the Ministry of Finance concluded that its attainment will... Updated 17 Dec, 2024 08:22am
Commodities Iron ore slides BEIJING: Prices of iron ore futures slid on Monday to their lowest levels in one week, as faltering near-term demand... Published 17 Dec, 2024 06:47am
Commodities Gold higher with spotlight on Fed meeting NEW YORK: Gold prices inched higher on Monday as investors anticipated a potential interest rate cut by the Federal... Published 17 Dec, 2024 06:47am
Commodities Russian wheat export prices up last week, supply tightens MOSCOW: Russian wheat export prices rose last week while export volumes fell, analysts said on Monday, noting some... Published 17 Dec, 2024 06:47am
Business community terms 2pc cut in policy rate insufficient KARACHI Business community has termed two percent cut in interest rate as disappointed despite widespread demand to... Published 17 Dec, 2024 06:47am
Trump, SoftBank CEO announce $100bn US investment PALM BEACH (Florida): President-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, announced on... Published 17 Dec, 2024 06:47am
O/N and reverse-repo rates revised KARACHI: With the 200-basis points (bps) reduction in the key policy rate, the State bank of Pakistan (SBP)has... Published 17 Dec, 2024 06:47am
Interest Rates Key interest rate brought down by 200bps to 13pc KARACHI: With inflation declining in line with its expectations, the Monetary Policy Committee (MPC) of the State... Published 17 Dec, 2024 06:47am
1,064,639 business women are income tax return filers ISLAMABAD: A total of 1,064,639 women engaged in businesses/women entrepreneurs in Pakistan are filers of income tax... Updated 17 Dec, 2024 09:10am
Energy OGDCL revives heavy oil well ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) has successfully revived a heavy oil well in the... Published 17 Dec, 2024 06:47am
Companies Zong holds customer experience event company-wide ISLAMABAD: Zong, Pakistan’s leading digital and telecommunication service provider, held a customer experience... Published 17 Dec, 2024 06:47am