NA body told ‘Telecom sector contributed Rs1,700bn to national exchequer in 6 years’ ISLAMABAD: National Assembly Standing Committee on Information Technology and Telecommunication was informed that ... Updated 03 Jan, 2025 08:08am
Industry ezfile, Companies Regulations 2024: SECP holds awareness session at ICCI ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has reviewed existing regulations, reduced the... Published 03 Jan, 2025 07:37am
Taxes ATIR urges FBR to act efficiently in executing tax demands ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) has held that long silence and inaction by Federal Board of... Published 03 Jan, 2025 07:35am
Bani Gala residence: No idea about placing IK under house arrest: Rana ISLAMABAD: Adviser to Prime Minister on Political Affairs Rana Sanaullah on Thursday said that he had no idea about... Published 03 Jan, 2025 07:34am
SAU to host first Int’l moot on women’s empowerment in agriculture on 15th HYDERABAD: Sindh Agriculture University (SAU) Tandojam, in collaboration with the Sindh Agriculture Women ... Published 03 Jan, 2025 07:33am
Pardoning 19 out of 67 inmates ‘not a major progress’: PTI ISLAMABAD: Following a decision by the military’s courts of appeal to grant clemency to 19 convicts of May 9... Published 03 Jan, 2025 07:31am
Industry Balighur Rehman meets LCCI office-bearers LAHORE: Former Governor Punjab Muhammad Baligh ur Rehman Thursday visited the Lahore Chamber of Commerce and ... Published 03 Jan, 2025 07:30am
Taxes Tax reductions can help boost sales: APCMA: Dec domestic cement despatches fall 4.76pc YoY LAHORE: Referring to a 4.76 percent decline in domestic cement despatches during the month of December 2024, the All... Published 03 Jan, 2025 07:28am
Railways: NA body for stern action against land grabbers LAHORE: In order to retrieve expensive commercial land of Pakistan Railways, National Assembly Standing Committee on... Published 03 Jan, 2025 07:22am
Taxes Tax dept suggests CAA to opt for ADR path to claim tax exemption LAHORE: The Income Tax department has proved that the Civil Aviation Authority (CAA), a state-owned enterprise ... Published 03 Jan, 2025 07:20am
Development projects: Punjab says has introduced innovation LAHORE: Punjab became the first province in Pakistan to automate its development system using digital technology.... Published 03 Jan, 2025 07:18am
SBP, govt urged to lower interest rates LAHORE: Pakistan continues to face a barrage of economic challenges, with businesses struggling under the weight of... Published 03 Jan, 2025 07:16am
Industry ‘Uraan Pakistan’ to help achieve economic targets: FCCI FAISALABAD: Economic Transformation Plan (Uraan Pakistan) will help the government to achieve the new economic... Published 03 Jan, 2025 07:15am
Punjab residents to get vehicles registered under new reforms LAHORE: Punjab Finance Minister Mian Mujtaba Shuja-ur-Rehman has said that Punjab residents will now be required to... Published 03 Jan, 2025 07:15am
Winter emergency plan 2024 reviewed LAHORE: Provincial Minister for Health and Chairman Cabinet Committee on Disaster Management Khawaja Salman Rafique,... Published 03 Jan, 2025 07:11am
Letters “‘Sunshine gold’ dethrones ‘black gold’” Recognising the vast potential of solar energy, countries around the world began making substantial investments in... Published 03 Jan, 2025 07:01am
2025 strategy: pathways to increase cotton production As Pakistan’s cotton industry grapples with declining yields and rising imports, the year 2025 presents a critical... Published 03 Jan, 2025 06:56am
Need for much improved ‘Uraan Pakistan’ plan Ministry of Planning, Development, and Special Initiatives (or simply ‘Planning Ministry’) recently launched... Published 03 Jan, 2025 06:49am
Massive funding plans The Foreign Economic Assistance Monthly Report for November 2024 published by the Ministry of Economic Affairs,... Published 03 Jan, 2025 06:44am
World Bank: poverty projections for Pakistan EDITORIAL: The World Bank in its report titled Poverty Projections for Pakistan noted a 25.3 percent poverty rate in... Published 03 Jan, 2025 06:38am
Madrassa registration – crisis averted? EDITORIAL: With President Asif Ali Zardari finally signing the Societies Registration (Amendment) Act 2024 ... Published 03 Jan, 2025 06:35am
Dubai Duty Free experiences record sales of AED7.901bn in 2024 Top five selling categories were perfumes, liquor, cigarettes & tobacco, gold and electronics Updated 03 Jan, 2025 02:53pm
South Asia BD court rejects bail for Hindu monk on sedition charges CHITTAGONG: A Bangladeshi court on Thursday again denied bail to an outspoken Hindu monk advocating for the... Published 03 Jan, 2025 05:54am
Scaling Farmer Resilience Nationwide: Salaam Takaful Limited’s Innovations in Parametric Crop Takaful TEXT: In the ever-evolving agricultural landscape, Salaam Takaful Limited has revolutionized farmer resilience with... Published 03 Jan, 2025 05:54am
Salaam Takaful Limited: Redefining Takaful: How Salaam Takaful Limited Became TEXT: Pakistan’s Market Leader Salaam Takaful Limited has emerged as a beacon of innovation and trust, reshaping... Published 03 Jan, 2025 05:54am
Salaam Takaful Limited: Message from Rizwan Hussain Managing Director &CEO Salaam Takaful Limited TEXT: Alhamdulillah! We have closed another remarkable year, and I am delighted to share with you the extraordinary... Published 03 Jan, 2025 05:54am
Secret lab developing UK’s first quantum clock: defence ministry LONDON: A top-secret lab in the UK is developing the country’s first quantum clock to help the British military... Published 03 Jan, 2025 05:54am
Syria FM hopes first foreign visit to Saudi opens ‘new, bright page’ DAMASCUS: Syria’s top diplomat said he hoped to open a “new, bright page” with Saudi Arabia upon arriving in... Published 03 Jan, 2025 05:54am
US considers potential rules to restrict or bar Chinese drones WASHINGTON: The US Commerce Department said on Thursday it is considering new rules that would impose restrictions ... Published 03 Jan, 2025 05:54am
Indonesia court says vote threshold for presidential candidates not legally binding JAKARTA: Indonesia’s Constitutional Court on Thursday said a law requiring a minimum number of votes for political... Published 03 Jan, 2025 05:54am
Israeli airstrikes kill at least 43 across Gaza CAIRO: Israeli airstrikes killed at least 43 Palestinians across the Gaza Strip on Thursday, including 11 people in ... Published 03 Jan, 2025 05:54am
CMOs partially met key performance indicators: PTA ISLAMABAD: Amid deteriorating telecom services in the country, cellular mobile operators (CMOs) partially met key... Published 03 Jan, 2025 05:54am
Rates Stocks up in volatile trade KARACHI: Pakistan Stock Exchange on Thursday witnessed a volatile session and remained oscillating in both... Published 03 Jan, 2025 05:54am
Army court’s clemency decision hailed by SCBA ISLAMABAD: The Supreme Court Bar Association (SCBA) president appreciated the acceptance of clemency petitions by... Published 03 Jan, 2025 05:54am
May 9 violence: mercy pleas of 19 accepted ISLAMABAD: The Inter-Services Public Relations (ISPR) announced that following the promulgation of punishments to... Published 03 Jan, 2025 05:54am
PTI seeks time to consult IK on ‘conclusive list’ of demands ISLAMABAD: The opposition Pakistan Tehreek-e-Insaf (PTI) on Thursday sought more time from the government to consult... Published 03 Jan, 2025 05:54am
Work underway to fix fault in undersea internet cable: PTA KARACHI: The Pakistan Telecommunication Authority (PTA) said on Thursday that work was being done to repair a fault... Published 03 Jan, 2025 05:54am
Alternative Dispute Resolution: Courts should refrain from interfering with: SC ISLAMABAD: The Supreme Court ruled that the courts should adopt a resolute stance of non-interference, encouraging... Published 03 Jan, 2025 05:54am
Significant drop in temperatures this week likely KARACHI: The Met Office on Thursday issued a weather advisory, predicting a significant drop in temperatures across... Published 03 Jan, 2025 05:54am
Kaspersky’s global report: Detection systems discovered significant increase in Windows malware ISLAMABAD: An international cybersecurity company disclosed Thursday that around 467,000 malicious files/software... Published 03 Jan, 2025 05:54am
Salaam Life & Savings’ App: Redefining Financial Security with Innovation and Transparency TEXT: Salaam Life & Savings redefines life insurance with Pakistan's first-ever Islamic life insurance solution,... Published 03 Jan, 2025 05:54am
Group Provident Fund Takaful Plan: A Revolutionary Solution by Salaam Family Takaful Limited TEXT: In today’s evolving corporate landscape, businesses face the challenge of offering employees robust ... Published 03 Jan, 2025 05:54am
Enhanced Savings, Enduring Security: Salaam Life & Savings’ Individual Life Plan TEXT: The pace of innovation has reshaped how individuals approach financial security and planning. As digital... Published 03 Jan, 2025 05:54am
Secure Your Wealth and Future: A Shariah-Compliant Path to Financial Growth TEXT: In today’s challenging economic environment, inflation erodes purchasing power, and the Pakistani rupee... Published 03 Jan, 2025 05:54am
PARTLY FACETIOUS: NS and SS: the heirs are different “What’s the difference between Nawaz Sharif and Shehbaz Sharif?” “Why would it matter to you? They are a... Updated 03 Jan, 2025 08:10am
NA Speaker meets Azerbaijan Ambassador ISLAMABAD: National Assembly Speaker Sardar Ayaz Sadiq visited the Azerbaijan Embassy in Islamabad, on Wednesday,... Published 03 Jan, 2025 05:54am
Kurram peace deal to be implemented from 4th KOHAT: Kurram peace deal will be implemented from Saturday January as a convoy of passengers will travel to... Published 03 Jan, 2025 05:54am
Nov 16, 2024 to Dec 31, 2024: ETs decide 51 petitions: Fafen ISLAMABAD: The election tribunals (ETs) have decided 51 petitions between November 16, 2024, and December 31, 2024,... Published 03 Jan, 2025 05:54am
PPMA praised for helping govt address drug shortages in Kurram district amid crisis KARACHI: The Ministry of National Health Services, Regulations & Coordination (NHSR&C) extended gratitude to... Published 03 Jan, 2025 05:54am
NA panel to visit Adiala jail on 8th ISLAMABAD: The parliamentary panel, on Thursday, decided to visit Adiala jail on January 8 to assess the human ... Updated 03 Jan, 2025 08:06am
Stocks Wall St drifts higher in first trading session of 2025 NEW YORK: Wall Street’s main indexes edged higher in the volatile first trading session of 2025 as investors ... Published 03 Jan, 2025 05:54am
Stocks Most Gulf markets in red; Saudi gains DUBAI: Most stock markets in the Gulf ended lower on Thursday in the absence of fresh factors, with the Saudi index... Published 03 Jan, 2025 05:54am
Stocks FTSE 100 hits two-week high in new year trade LONDON: The UK’s FTSE 100 advanced higher on Thursday, the first trading session of the year, boosted by gains in... Published 03 Jan, 2025 05:54am
Stocks China stocks slump on first trading day of 2025 SHANGHAI: China stocks ended sharply lower on the first trading session of 2025, logging their weakest New Year ... Published 03 Jan, 2025 05:54am
Stocks Financials, autos power India’s benchmarks to best session in six weeks MUMBAI: India’s benchmarks logged their best session in six weeks on Thursday, led by financials and autos on... Published 03 Jan, 2025 05:54am
Rates Activities of Karachi Port Trust, Port Qasim KARACHI: The Karachi Port Trust handled 175,240 tonnes of cargo comprising 85,266 tonnes of import cargo and 89,974... Published 03 Jan, 2025 05:54am
The Weather KARACHI: The weather report on Thursday (January 02, 2025) and the forecast for Friday (January 03, 2025)... Published 03 Jan, 2025 05:54am
Rates LME official prices LONDON: The following were Thursday official prices. ========================================= ALUMINIUM... Published 03 Jan, 2025 05:54am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (January 02, 2025).... Published 03 Jan, 2025 05:54am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (January 02, 2025). ==================================== BR... Published 03 Jan, 2025 05:54am
Tax on foreign property income: PTBA for larger bench to address ‘conflicting rulings’ KARACHI: The Pakistan Tax Bar Association (PTBA) has called for a larger bench to address conflicting rulings on the... Updated 03 Jan, 2025 08:53am
ECs handled around $7bn forex in 2024 KARACHI: Exchange companies have demonstrated remarkable performance in 2024 by successfully handling a total volume... Updated 03 Jan, 2025 08:50am
Establishment of military bases: FO denies any plan to offer Gwadar Port to any other country, entity ISLAMABAD: The Foreign Office (FO) spokesperson, on Thursday, said that Pakistan has no design whatever to offer... Updated 03 Jan, 2025 09:25am
Energy Punjab govt launches solarization plan LAHORE: On the direction of CM Punjab Maryam Nawaz Sharif, “Chief Minister Punjab Solarization for Agricultural... Published 03 Jan, 2025 05:54am
Commodities Gold prices surge KARACHI: Gold prices continued its uptrend on Thursday with the global rates inching up, traders said. The precious... Published 03 Jan, 2025 05:54am
Commodities Malaysian palm oil futures lower after news on Indonesia’s B40 delay JAKARTA: Malaysian palm oil futures closed lower on Thursday, triggered by a sell-off after news of Indonesia’s... Published 03 Jan, 2025 05:54am
Energy Saudi Arabia may increase February oil prices for Asia SINGAPORE: Top oil exporter Saudi Arabia may raise crude prices for Asian buyers in February for the first time in... Published 03 Jan, 2025 05:54am
Commodities Gold gains as market considers Trump impact on Fed outlook NEW YORK: Gold prices rose on Thursday, buoyed by volatility in equities and fresh positioning, while the US Federal... Published 03 Jan, 2025 05:54am
Commodities Asia Coffee: Trading stays subdued in Vietnam, Indonesia due to holidays HANOI: Coffee trading in Vietnam and Indonesia remained subdued due to year-end holidays, with traders saying ... Published 03 Jan, 2025 05:54am
Commodities EU wheat holds firm at six-month top on weak euro, Russia supply risks PARIS: European wheat futures rose for a fourth straight session on Thursday to a new six-month high as further... Published 03 Jan, 2025 05:54am
Commodities Iron ore futures consolidate BEIJING: Iron ore future prices were range-bound on Thursday as market participants await more cues on the trading... Published 03 Jan, 2025 05:54am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday, (January 02, 2025)... Published 03 Jan, 2025 05:54am
Cotton & Textile Spot rate unchanged on cotton market LAHORE: The local cotton market on Thursday remained steady and the trading volume remained limited. Cotton Analyst... Published 03 Jan, 2025 05:54am
Commodities Copper holds near five-month low as weak demand outlook dominates LONDON: Copper prices hovered around five-month lows as expectations of a deteriorating demand outlook were... Published 03 Jan, 2025 05:54am
Energy US natural gas prices up on rising LNG feedgas NEW YORK: US natural gas futures edged up about 1% on Thursday on near record flows to liquefied natural gas (LNG)... Published 03 Jan, 2025 05:54am
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 03 Jan, 2025 05:54am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 03 Jan, 2025 05:54am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Thursday (January 02, 2025). ======================== Open Bid... Published 03 Jan, 2025 05:54am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (January 02, 2025).... Published 03 Jan, 2025 05:54am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (January 02, 2025)... Published 03 Jan, 2025 05:54am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Thursday (January 02, 2025). ======================================= Offset... Published 03 Jan, 2025 05:54am
‘Poor’ performance: Cabinet assails MoC bodies, trade missions Suggests privatization of the Trade and Development Authority of Pakistan Updated 03 Jan, 2025 03:18pm
PM sees more room for policy rate cut ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday emphasized the strong connection between political stability... Updated 03 Jan, 2025 03:41pm
CCP facilitates Rs29.6bn FDI during 2024 ISLAMABAD: The Competition Commission of Pakistan (CCP) has played an important role in facilitating Foreign Direct... Updated 03 Jan, 2025 09:21am
Various sectors: REMIT body discusses progress made by stakeholders ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Thursday chaired the 3rd meeting... Updated 03 Jan, 2025 09:19am
Iran, Pakistan agree to extend electricity sale agreement ISLAMABAD: Pakistan and Iran have reportedly agreed to extend their electricity sale agreement, setting the price at... Updated 03 Jan, 2025 03:21pm
Leghari’s remarks on KE’s 7-year MYT spark controversy ISLAMABAD: Recent remarks by the Minister of Energy, Sardar Awais Leghari, regarding K-Electric’s seven-year... Updated 03 Jan, 2025 03:21pm
Tax relief withdrawal and meterization: Nepra seeks recovery plan from TESCO ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has sought recovery plan from Tribal Areas... Updated 03 Jan, 2025 03:21pm
Govt seeking to encroach upon PTA’s domain? ISLAMABAD: The federal government under Pakistan Telecommunication (Re-Organization) Act, 1996, may issue any policy... Updated 03 Jan, 2025 09:21am
Forex reserves up $37.2m to $16.409bn KARACHI: Pakistan’s total liquid foreign exchange reserves rose by $37.2 million, reaching $ 16.409 billion mark ... Published 03 Jan, 2025 05:54am
Taxes Dec SRB collection grows 27pc YoY KARACHI: The Sindh Revenue Board (SRB) has reported a significant increase in revenue collection for December 2024,... Published 03 Jan, 2025 05:54am
Industry Asif Sheikh named as senior advisor of KCCI body KARACHI: President of the Karachi Chamber of Commerce & Industry (KCCI), Muhammad Jawed Bilwani, has appointed... Published 03 Jan, 2025 05:54am
Taxes KPRA collects Rs24.2bn in six months of FY25 PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) has successfully collected Rs24.2 billion in the first six... Published 03 Jan, 2025 05:54am
Industry Uzbek envoy, trade counsellor meet TDAP chief KARACHI: Alisher Tukhtaev, Ambassador of Uzbekistan to Pakistan and Bakhrom Yusupov, Trade Counsellor of Uzbekistan... Published 03 Jan, 2025 05:54am
Industry Citrus industry revival: Punjab govt sets aside Rs1.5bn on PFVA advice KARACHI: The Punjab government, accepting Pakistan Fruit and Vegetable Exporters Association (PFVA) recommendations,... Published 03 Jan, 2025 05:54am
Companies Mashreq first bank to launch pilot operations as digital retail bank KARACHI: Mashreq Pakistan has officially received a restricted license from the State Bank of Pakistan (SBP) to... Published 03 Jan, 2025 05:54am
Energy POL products: Dec sales up 3pc to 1.28m tons YoY KARACHI: The sales of petroleum products in the country increased by 3.0 percent on year-on-year basis to 1.28... Published 03 Jan, 2025 05:54am
Sales surge in 2024 for Chinese EV giant BYD SHANGHAI: Leading Chinese electric car maker BYD’s vehicle sales surged in 2024, the company said in a statement,... Published 03 Jan, 2025 05:54am
Country producing up to 93pc of mobile phones: EDB ISLAMABAD: Pakistan is locally producing up to 93 percent of the mobile phones and a total 36 local mobile ... Published 03 Jan, 2025 05:54am
Money & Banking Indian rupee falls to all-time closing low MUMBAI: The Indian rupee closed at its weakest closing level on record for the eighth consecutive session on... Published 03 Jan, 2025 05:54am
In meeting with UAE president, PM Shehbaz underscores readiness to expand cooperation in multiple sectors