MoITT says it will be ‘too early’ to regulate AI ISLAMABAD: The Ministry of Information Technology and Telecommunication has opposed the regulation of Artificial... Updated 02 Jan, 2025 08:19am
Clear roads or face action, home minister tells protestors KARACHI: Sindh Home Minister Zia-ul-Hassan Lanjar has warned protesters in the megacity to end their sit-ins and... Published 02 Jan, 2025 07:46am
Beautification, up-gradation of Constitution Avenue: CDA-DWP approves project worth Rs0.49bn ISLAMABAD: The Capital Development Authority Development Working Party (CDA-DWP) on Wednesday approved a project... Updated 02 Jan, 2025 08:06am
JI Karachi chief inaugurates ‘Quaid-e-Azam Family Park & mini-Zoo’ KARACHI: Jamaat-e-Islami, Karachi Chief, Monem Zafar inaugurated the newly restored Quaid-e-Azam Family Park and... Updated 02 Jan, 2025 08:05am
Blocking Internet services: Senate panel not satisfied with govt response ISLAMABAD: The government, on Wednesday, failed to satisfy the Senate Standing Committee on Information Technology... Updated 02 Jan, 2025 08:05am
Rising terrorism predicts serious situation ahead, warns PIPS ISLAMABAD: Pak Institute for Peace Studies (PIPS) states that the present trends of sharp rise in terrorism predict... Updated 02 Jan, 2025 08:05am
Nadra introduces new version of B-form certificate ISLAMABAD: The National Database and Registration Authority (Nadra) has introduced a new version of the B-form... Updated 02 Jan, 2025 08:12am
Navy seizes large cache of narcotics in North Arabian Sea KARACHI: Pakistan Navy Ship Moawin seized a large cache of narcotics during a counter-narcotics operation in North... Updated 02 Jan, 2025 08:11am
Maryam praises PM, his team for presenting ‘Uraan Pakistan’ programme LAHORE: Paying tribute to Prime Minister Shehbaz Sharif and his team for presenting “Uraan Pakistan,” a roadmap... Updated 02 Jan, 2025 08:11am
WCLA completes key preservation projects in 2024 LAHORE: The Walled City of Lahore Authority (WCLA) has successfully initiated and completed several key preservation... Updated 02 Jan, 2025 08:10am
‘Air Ambulance, Motorway Ambulance Services launched in 2024’ LAHORE: As per vision of the Chief Minister Punjab, Maryam Nawaz Sharif, Air Ambulance Service and Motorway ... Updated 02 Jan, 2025 08:10am
SECP notifies adoption of IFRS Sustainability Disclosure Standards phase-wise ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified the adoption of IFRS ... Updated 02 Jan, 2025 08:19am
Commodities Gold prices soar KARACHI: Gold prices saw a sizeable leap on Wednesday, reflecting the global market uptrend, traders said. The first... Updated 02 Jan, 2025 08:11am
FCCI president condoles death of Arshad Zuberi FAISALABAD: Rehan Naseem Bharara, President Faisalabad Chamber of Commerce & Industry (FCCI) has expressed deep... Updated 02 Jan, 2025 08:10am
Letters ‘Sunshine gold’ dethrones ‘black gold’ Oil has been a dominant force shaping global economies over the past two centuries, acting as both a maker and... Updated 02 Jan, 2025 08:19am
Shaping the agric landscape through ICT-driven value chain management Agriculture remains a cornerstone of Pakistan’s economy, contributing approximately 22.9 percent to the nation’s... Updated 02 Jan, 2025 08:19am
The key priorities for Syria Syria stands at a critical juncture in its history—a fragile nation emerging from decades of repression, war, and... Updated 02 Jan, 2025 08:21am
Pak corporates – challenges to growth Pak corporates have had a roller-coaster side up, down and sideways with field shots and slam dunks. By the... Updated 02 Jan, 2025 08:21am
2024: A scorecard for Pakistan’s E&P sector The Exploration and Production (E&P) sector is the foundation of Pakistan’s oil and gas value chain, driving... Updated 02 Jan, 2025 08:21am
The complicated web we weave A former Afghan journalist I once ran into in China – one who gave up a comfortable life in the Gulf to return to... Updated 02 Jan, 2025 08:22am
State of the economy EDITORIAL: The December 2024 Economic Update and Outlook, a monthly publication uploaded on the Finance Division... Updated 02 Jan, 2025 08:22am
BISP increases quarterly stipend to Rs13,500 ISLAMABAD: The Benazir Income Support Programme (BISP) has announced to have increased by 28.57 percent its ... Updated 02 Jan, 2025 08:06am
Shafqat may take charge as new FO spokesperson ISLAMABAD: Senior diplomat Shafqat Ali Khan is likely to take charge as new Foreign Office (FO) spokesperson, it is... Updated 02 Jan, 2025 08:06am
Trafficking, forced labour, begging: Senate body discusses protecting abandoned children ISLAMABAD: The Senate Committee on Delegated Legislation discussed the matter of protecting abandoned/unclaimed... Updated 02 Jan, 2025 08:07am
Punjab shuts down hundreds of brick kilns in 2024 LAHORE: Hundreds of pollution-causing brick kilns were shut down from March 1 to December 31, 2024. Strict legal... Updated 02 Jan, 2025 08:07am
Punjab govt launches 7th Agri Census 2024 LAHORE: In collaboration with the Pakistan Bureau of Statistics, the Punjab government launched the 7th Agricultural... Updated 02 Jan, 2025 08:07am
PDP slams govt for hike in POL prices KARACHI: Pasban Democratic Party’s Vice-Chairman Abdul Hakim Quaid has said that the increase in petrol prices on... Updated 02 Jan, 2025 08:07am
Huqooq-e-Pakistan Project: KP finalises implementation plan PESHAWAR: A meeting held here with Chief Minister Khyber Pakhtunkhwa Ali Amin Khan Gandapur in the chair on ... Updated 02 Jan, 2025 08:07am
Energy KE removes 150 illegal connections weighing 1,280kg in Malir KARACHI: K-Electric (KE) continues its crackdown against power theft and non-payment of bills. With the support of... Updated 02 Jan, 2025 08:08am
Governor welcomes talks between govt and PTI LAHORE: Terming the talks between the government and PTI as need of the hour, Governor Punjab Sardar Saleem Haider... Updated 02 Jan, 2025 08:08am
ECP official passes away ISLAMABAD: Former director Election Commission of Pakistan (ECP) Altaf Ahmad Khan passed away on Wednesday after... Updated 02 Jan, 2025 08:09am
International Conference: Dar chairs meeting of preparatory body ISLAMABAD: Deputy Prime Minister/Foreign Minister Senator Ishaq Dar chaired the meeting of the preparatory committee... Updated 02 Jan, 2025 08:09am
CCP, PPRA sign addendum on e-PADS ISLAMABAD: The Competition Commission of Pakistan (CCP) and the Public Procurement Regulatory Authority (PPRA) have... Updated 02 Jan, 2025 08:09am
Alkhidmat holds Leadership Camp for orphaned children KARACHI: Alkhidmat Karachi recently organized a transformative two-day Leadership Camp for orphaned children under... Updated 02 Jan, 2025 08:09am
New Year night: Aerial firing injures 29 in Karachi KARACHI: New Year celebrations in Karachi were marred by aerial firing in various areas, resulting in injuries to at... Published 02 Jan, 2025 05:56am
2024 most successful year in history of Punjab: Azma LAHORE: Punjab Information Minister Azma Bokhari has said that year 2024 has been the most successful year in the... Updated 02 Jan, 2025 08:10am
Nuclear installations, facilities: Pakistan, India swap annual exchange of lists ISLAMABAD: Pakistan and India have swapped the annual exchange of lists of nuclear installations and facilities... Updated 02 Jan, 2025 08:24am
Non-permanent member of UNSC: Dar hosts reception to mark beginning of Pakistan’s term ISLAMABAD: Deputy Prime Minister and Minister for Foreign Affairs Senator Ishaq Dar hosted a reception at the... Updated 02 Jan, 2025 08:24am
Pakistan, India exchange lists of civilian prisoners, fishermen ISLAMABAD: In a latest development, India and Pakistan, Wednesday, exchanged, through diplomatic channels,... Updated 02 Jan, 2025 08:24am
ECP tells MPs: Submit asset statements by 15th or risk suspension ISLAMABAD: The electoral body, Wednesday, warned that the legislative memberships of the lawmakers who did not ... Updated 02 Jan, 2025 08:24am
Private members’ bills: PM for ‘sharp vigilance’ ISLAMABAD: Prime Minister Shehbaz Sharif, while expressing serious concern regarding certain private members’... Updated 02 Jan, 2025 08:25am
Govt reconstitutes CMWG, CM&FU ISLAMABAD: The government has reconstituted Cash Management Working Group (CMWG) and Cash Management and Forecasting... Updated 02 Jan, 2025 08:25am
Africa Nigeria to expand credit access to citizens LAGOS: Nigeria will establish a national credit guarantee company in May to lend to businesses and individuals,... Published 02 Jan, 2025 05:56am
At least 20 migrants missing as boat sinks off Italy ROME: Seven migrants were rescued, but at least 20 are missing after their boat sank en route to Italy from Libya,... Published 02 Jan, 2025 05:56am
Europe Putin orders Russian govt and top bank to develop AI cooperation with China MOSCOW: President Vladimir Putin has ordered Russia’s government and the country’s biggest bank, Sberbank, to... Updated 02 Jan, 2025 07:26am
Israeli strikes kill at least 17 Palestinians in Gaza OCCUPIED JERUSALEM: Israeli air strikes on al-Bureij refugee camp and Jabalia town in central and northern Gaza... Published 02 Jan, 2025 05:56am
The Weather KARACHI: The weather report on Wednesday (January 01, 2025) and the forecast for Thursday (January 02, 2025)... Published 02 Jan, 2025 05:56am
Rates PSX starts year with a bang KARACHI: Despite some selling pressure after opening, Pakistan Stock Exchange on Wednesday maintained its bullish... Updated 02 Jan, 2025 08:04am
PARTLY FACETIOUS: Attacking a government building is a no-no in any country “We never learn lessons, do we?” “Nawaz Sharif is still trying to challenge the great physicist Albert... Updated 02 Jan, 2025 08:20am
Stocks Latam markets end 2024 with sharp annual losses BRASILIA: Latin American markets were largely subdued on Tuesday, with indexes tracking the region’s stocks and... Published 02 Jan, 2025 05:56am
Stocks London’s FTSE 100 closes 2024 on high note LONDON: London’s FTSE 100 climbed to its highest level in over a week on the last trading day of 2024, locking in... Published 02 Jan, 2025 05:56am
Stocks Automakers drive India’s blue-chips higher MUMBAI: India’s benchmark indexes rose on the first day of 2025, led by auto stocks that were boosted by a rise in... Published 02 Jan, 2025 05:56am
Stocks TSX records biggest annual gain since 2021 TORONTO: Canada’s main stock index recorded its best year since 2021 on Tuesday, the last trading day of the year... Published 02 Jan, 2025 05:56am
Energy Indonesia’s higher biodiesel mandate rollout may be gradual JAKARTA: Indonesia’s plan to expand its biodiesel mandate from Jan. 1, which has fuelled concerns it could curb... Published 02 Jan, 2025 05:56am
Energy Kazakhstan’s Tengiz oil field output 20pc MOSCOW: Output from Kazakhstan’s biggest oil field Tengiz, operated by US major Chevron, remained 20% below its... Published 02 Jan, 2025 05:56am
Cotton & Textile Subdued business on cotton market LAHORE: The local cotton market on Wednesday remained steady and the trading volume remained low. Cotton Analyst... Updated 02 Jan, 2025 08:27am
Energy US natural gas prices see best year since 2021 as LNG export demand surges NEW YORK: US natural gas futures retreated on Tuesday as traders booked profits, though the market recorded its... Published 02 Jan, 2025 05:56am
Rates Activities of Karachi Port Trust, Port Qasim KARACHI: The Karachi Port Trust handled 226,296 tonnes of cargo comprising 165,139 tonnes of import cargo and 61,157... Updated 02 Jan, 2025 08:27am
Stocks Brisk US corn, soy sales paces tempered by China’s absence NAPERVILLE, (Illinois): After multiple weeks of impressive volumes, last week’s US corn and soybean export sales... Published 02 Jan, 2025 05:56am
Rates LME official prices LONDON: The following were Tuesday official prices. ========================================= ALUMINIUM... Published 02 Jan, 2025 05:56am
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 02 Jan, 2025 05:56am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 02 Jan, 2025 05:56am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 01, 2025).... Published 02 Jan, 2025 05:56am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Wednesday (January 01, 2025). ======================================= ... Published 02 Jan, 2025 05:56am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (January 01, 2025). ==================================== ... Published 02 Jan, 2025 05:56am
Economy: PM says govt to achieve its goals within 6 months It is essential to pursue export-led growth, as there are no alternative options available, adds the premier Updated 02 Jan, 2025 02:23pm
Statistics H1 exports soar 10.52pc to $16.561bn YoY ISLAMABAD: The country’s exports increased by 10.52 percent during the first half (July-December) of current ... Updated 02 Jan, 2025 08:03am
Govt decides to create ‘Minerals Division’ ISLAMABAD: The federal government has decided to create a new Division, ie, Minerals Division for dedicated work on... Updated 02 Jan, 2025 02:24pm
SIFC Apex Committee to meet today ISLAMABAD: Prime Minister Shehbaz Sharif has called a meeting of the Special Investment Facilitation Council (SIFC)... Updated 02 Jan, 2025 02:25pm
Kurram: warring sides reach peace agreement ISLAMABAD: In a much-anticipated development, warring factions of Kurram’s unrest-stricken region have finally... Updated 02 Jan, 2025 08:15am
Power consumption growth: GEPCO cites net metering as major hurdle ISLAMABAD: The Gujranwala Electric Power Company (GEPCO) on Wednesday identified net metering as one of the key... Updated 02 Jan, 2025 09:42am
Fresh hiring directed: PM says ‘no’ to adjusting Gencos’ staff in Discos ISLAMABAD: Prime Minister Shehbaz Sharif has reportedly refused to adjust employees of Generation Companies (Gencos)... Updated 02 Jan, 2025 08:51am
Prioritising imported RLNG to domestic gas harms energy sector ISLAMABAD: Pakistan’s energy sector is grappling with escalating financial issues, primarily driven by the forced... Updated 02 Jan, 2025 09:42am
Energy Norway, US, Qatar replace Russian gas: Russian gas era in Europe ends as Ukraine stops transit MOSCOW/KYIV: Russian gas exports via Soviet-era pipelines running through Ukraine came to a halt on New Year’s ... Published 02 Jan, 2025 05:56am
Statistics Dec CPI inflation clocks in at 4.1pc YoY ISLAMABAD: The Consumer Price Index-based inflation clocked in at 4.1 per cent on year-on-year basis in December ... Updated 02 Jan, 2025 08:04am
Senate panel told: Talks with 16 IPPs likely to yield results soon ISLAMABAD: Following the termination of contracts of five independent power producers (IPPs), negotiations with 16... Updated 02 Jan, 2025 09:43am
Pension calculation formula announced ISLAMABAD: The government has decided that pension shall be calculated on the basis of average of pensionable... Updated 02 Jan, 2025 12:59pm
Stakeholders seek ‘prior assurances’ from PTI? ISLAMABAD: Stakeholders have sought an assurance from Pakistan Tehreek-e-Insaf’s (PTI) founding chairman Imran ... Updated 02 Jan, 2025 08:05am
FBR decides to carry out video surveillance of sugar mills ISLAMABAD: The Federal Board of Revenue (FBR) has decided to monitor production of all sugar mills through video... Updated 02 Jan, 2025 09:45am
PSX plans auction for Ijarah Sukuk on 8th KARACHI: Pakistan Stock Exchange (PSX) has announced that the 17th auction for GoP Ijarah Sukuk (GIS) is planned to... Updated 02 Jan, 2025 08:06am
SC explains how a firm can enter into compromise with its creditors ISLAMABAD: The Supreme Court declared that a company can enter into compromise or arrangement with its creditors or... Updated 02 Jan, 2025 09:45am
Coercive interpretation of fiscal laws: IHC slaps heavy penalties on FBR officers ISLAMABAD: The Islamabad High Court (IHC) in a major decision has set a precedent by imposing significant costs on... Updated 02 Jan, 2025 08:53am
PR earns Rs46bn in first half of FY2024-25 LAHORE: Pakistan Railways has achieved revenue of Rs 46 billion in the first half of the fiscal year, marking an... Updated 02 Jan, 2025 08:07am
Energy Reforms in energy sector inevitable: Power consumers paying high tariffs as compared to regional countries ISLAMABAD: Chairman Economic Policy and Business Development and former caretaker minister Gohar Ejaz has said that... Updated 02 Jan, 2025 08:07am
Industry PCJCCI arranges visits for Chineses team at RCCI, BOI LAHORE: A delegation from Xingjian province, China led by the Mayor of Yecheang and Wang Xiangbing, Chairman of the... Updated 02 Jan, 2025 08:07am
FPCCI, BBoIT to hold Balochistan Summit on 27th KARACHI Atif Ikram Sheikh, President FPCCI, has apprised that FPCCI and Balochistan Board of Investment & Trade... Updated 02 Jan, 2025 08:08am
Average cost of Platts with incidentals, duty hike HSD price ISLAMABAD: The price of high-speed diesel (HSD) in Pakistan has increased in the latest price review, according to ... Updated 02 Jan, 2025 08:09am
Commodities Hike in POL prices challenged in LHC LAHORE: Judicial Activism Penal has approached the Lahore High Court through its chairman against recent increase in... Updated 02 Jan, 2025 08:10am
Commodities Agri census commences in Sindh KARACHI: Sindh’s Minister for Planning and Energy Syed Nasir Hussain Shah, Minister for Livestock and Fisheries,... Updated 02 Jan, 2025 08:25am
FAS implementation: Pakistan Customs posts 27pc revenue increase in Dec KARACHI: The revenue of Pakistan Customs saw a remarkable increase of 27 percent in December 2024 following the... Updated 02 Jan, 2025 08:27am
Taxes Tax revenue: Punjab collects Rs650bn through e-Pay LAHORE: The Punjab government has collected around Rs 650 billion in tax revenue through e-Pay Punjab, developed by... Updated 02 Jan, 2025 08:27am
Commodities Saudi bourse gains DUBAI: Saudi Arabia’s stock market rose on Wednesday in the first session of the new year, as most other regional... Published 02 Jan, 2025 05:56am
Commodities Egypt receives its first imported wheat shipment CAIRO: Egypt’s state grain buyer, Mostakbal Misr for Sustainable Development, received its first imported wheat... Published 02 Jan, 2025 05:56am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (January 01, 2025)... Published 02 Jan, 2025 05:56am
Commodities China’s Nov net gold imports via HK hit 7-month high BENGALURU: China’s net gold imports via Hong Kong in November more than doubled from October, marking the highest... Published 02 Jan, 2025 05:56am
Taxes FTO resolves 12941 complaints in 2024 ISLAMABAD: Federal Tax Ombudsman (FTO) has promptly resolved 12,941 complaints filed by taxpayers against the ... Updated 02 Jan, 2025 08:08am
Industry BMPP’s Core Committee elects new office bearers KARACHI: The Core Committee of the Businessman Panel Progressive (BMPP) has elected Saqib Fayyaz Magoon as the... Updated 02 Jan, 2025 08:09am
Taxes PRA achieves 16.16pc growth LAHORE: The Punjab Revenue Authority (PRA) showcased exceptional growth in December 2024, achieving a 16.16% ... Updated 02 Jan, 2025 08:23am
Industry Minister seeks policy aimed at de-regularising sugar industry ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal directed authorities... Updated 02 Jan, 2025 08:25am
Money & Banking Bitcoin more than doubles in 2024 on spot ETF approval BENGALURU: Bitcoin more than doubled in 2024 driven by the US markets regulator’s approval for exchange-traded... Published 02 Jan, 2025 05:56am
In meeting with UAE president, PM Shehbaz underscores readiness to expand cooperation in multiple sectors