MENA Dubai developer DAMAC signs $1bn deal with MANTRA DUBAI: MANTRA, a blockchain platform focused on real-world assets (RWAs), has signed a deal with Dubai developer... Published 10 Jan, 2025 03:51am
‘Fake’ notification rejected ISLAMABAD: The Presidency has denied a fake notification circulating on social media regarding the appointment of a... Published 10 Jan, 2025 03:51am
EEPL announces partnership with Pak Charity ISLAMABAD: Elite Estates Private Limited (EEPL), the developers of the prestigious Eighteen Housing project, ... Published 10 Jan, 2025 03:51am
PCB unveils domestic cricket schedule for 2025 LAHORE: The Pakistan Cricket Board (PCB) on Thursday unveiled complete schedule of the men’s domestic cricket... Published 10 Jan, 2025 03:51am
IT sector: Punjab minister says Pakistan still far behind LAHORE: Punjab Local Government Minister Zeeshan Rafiq has said that it is good to have 300,000 IT experts in... Published 10 Jan, 2025 03:51am
ECP rejects references against PTI’s Saifullah Abro ISLAMABAD: The Election Commission of Pakistan (ECP) has rejected the references seeking disqualification of ... Published 10 Jan, 2025 03:51am
NA body underscores need for strengthening healthcare ISLAMABAD: A parliamentary panel on Thursday while underscoring the need to strengthen the national healthcare ... Published 10 Jan, 2025 03:51am
Govt backtracked from its commitment to arrange meeting with IK: Ayub ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Omar Ayub on Thursday said the government has backtracked from its... Published 10 Jan, 2025 03:51am
South Asia China reports 5 cases of new mpox strain BEIJING: China said on Thursday it had recorded five cases of a new mpox strain, but that the “outbreak has been... Published 10 Jan, 2025 03:51am
New York’s top court denies Trump’s bid to halt sentencing NEW YORK: New York’s top court rejected on Thursday Donald Trump’s request to halt the president-elect’s sentencing... Published 10 Jan, 2025 03:51am
Hundreds pack into Washington cathedral for Jimmy Carter funeral WASHINGTON: Hundreds of mourners including all five living current and former US presidents packed into... Published 10 Jan, 2025 03:51am
Commodities Gold prices make sharp gain KARACHI: Gold prices further gained a sizeable value on Thursday, reflecting the uptrend in global rates, traders... Published 10 Jan, 2025 03:51am
India Study Centre at ISSI launches special study titled ‘Quantifying Electoral Politics of Congress & BJP’ ISLAMABAD: The India Study Centre (ISC) at the Institute of Strategic Studies Islamabad (ISSI) launched its special... Published 10 Jan, 2025 03:51am
Senate panel irked by absence of Wapda chairman ISLAMABAD: The Senate Standing Committee on Water Resources has voiced its frustration over the continuous absence ... Published 10 Jan, 2025 03:51am
Sec 52 of Punjab ST law: No amendment, thus no proceedings against WHT agent: LHC ISLAMABAD: A division bench of Lahore High Court has held that since no amendment has been made to the Section 52 of... Published 10 Jan, 2025 03:51am
South Asia Sri Lanka jails monk for stoking religious hatred COLOMBO: A Sri Lankan court jailed a politically influential, firebrand Buddhist monk on Thursday, putting him... Published 10 Jan, 2025 03:51am
Pope warns about AI, fake news and ‘manipulating minds’ VATICAN CITY: Pope Francis warned on Thursday of the dangers of misinformation and its spread via social media and... Published 10 Jan, 2025 03:51am
Ring of fire tightens around LA as Hollywood Hills burn LOS ANGELES: A terrifying wave of wildfires squeezing Los Angeles on multiple fronts pushed closer to the symbolic... Published 10 Jan, 2025 03:51am
The Weather KARACHI: The weather report on Thursday (January 09, 2025) and the forecast for Friday (January 10, 2025)... Published 10 Jan, 2025 03:51am
Rates LME official prices LONDON: The following were Wednesday official prices. ========================================= ALUMINIUM... Published 10 Jan, 2025 03:51am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Thursday (January 09, 2025). ========================== KIBOR... Published 10 Jan, 2025 03:51am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (January 09, 2025).... Published 10 Jan, 2025 03:51am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (January 09, 2025). ==================================== BR... Published 10 Jan, 2025 03:51am
May 9 events: Why only ‘specific’ persons tried in military courts: SC ISLAMABAD: The Supreme Court questioned why specific persons, involved in 9th May incidents, were tried under the... Published 10 Jan, 2025 03:51am
NAB seeks increase in remand period of accused from 14 to 40 days ISLAMABAD: Minister for Law and Justice Azam Nazeer Tarar on Thursday said that a new amendment has been proposed in... Published 10 Jan, 2025 03:51am
Maryam launches ‘livestock card’ scheme LAHORE: Chief Minister Punjab Maryam Nawaz Sharif said that she wants to come up to the expectations of the people... Published 10 Jan, 2025 03:51am
Sustainability, institutional reform, and stimulus What causes macroeconomic instability? Main determinants that come to mind are elevated levels of inflation, fiscal... Published 10 Jan, 2025 03:51am
‘Uraan’ success hinges on unity, stability… With limited access to external funding, government debt has increasingly been taken up by the banking sector and,... Published 10 Jan, 2025 03:51am
Letters ‘SAARC: India is part of the problem; it is unwilling to become a solution’ The SAARC Chamber of Commerce and Industry (SAARCCCI) takes strong exception to the misrepresentation of its stance... Published 10 Jan, 2025 03:51am
Awam Ka Muqadama In all litigation (Muqadama) there is a ‘Complainant’ and ‘Respondent’ while the case is heard by the judge in an... Published 10 Jan, 2025 03:51am
Nuclear power: road to carbon-free future The future prospects of nuclear power generation in Pakistan hold considerable promise, contingent upon strategic... Published 10 Jan, 2025 03:51am
Hassan Niazi’s crime track record reveals the truth: Azma LAHORE: Punjab Information Minister Azma Bokhari has said that Hassan Niazi’s crime is not limited to waving a... Published 10 Jan, 2025 03:51am
Qureshi, Dr Yasmin re-indicted in May 9 riots cases LAHORE: An anti-terrorism court on Thursday re-indicted former foreign minister Shah Mehmood Qureshi along with ... Published 10 Jan, 2025 03:51am
PNSC hosts ‘Inland Study Tour’ KARACHI: Pakistan National Shipping Corporation (PNSC) hosted an “Inland Study Tour” on Thursday for ... Published 10 Jan, 2025 03:51am
Toxic fuel-laden truck seized LAHORE: A truck loaded with substandard and toxic fuel was seized in Lahore during strict environmental monitoring.... Published 10 Jan, 2025 03:51am
Farewell reception for outgoing US ambassador Donald Blome held LAHORE: Highlighting the importance of the relationship between Pakistan and the United States, Provincial Minister... Published 10 Jan, 2025 03:51am
Petitioner seeks minimum wage equivalent to $1,000/month LAHORE: A bar member on Thursday approached the Lahore High Court (LHC) seeking fixation of the minimum wage in... Published 10 Jan, 2025 03:51am
JI assails ‘class-based’ system, demands govt reduce power tariffs LAHORE: Chief of Jamaat-e-Islami Hafiz Naeem-ur-Rehman has announced a nationwide protest on January 17 to demand a... Published 10 Jan, 2025 03:51am
Punjab thrashes out ‘immunization strategy’ for next five years LAHORE: Punjab Minister for Primary and Secondary Healthcare Department Khawaja Imran Nazir said here on Thursday... Published 10 Jan, 2025 03:51am
PARTLY FACETIOUS: The names starting with letter ain “The Man Who Must Remain Nameless and Faceless has defended The Third Wife, nee spiritual guide, saying that she ... Published 10 Jan, 2025 03:51am
New DC appointed for Kurram ISLAMABAD: The provincial government of Khyber Pakhtunkhwa (KP) has appointed a senior officer, Ashfaq Khan as new... Published 10 Jan, 2025 03:51am
JI urges people to join ‘Gaza March’ KARACHI: Chief of Jamaat-e-Islami’s Karachi chapter, Monem Zafar has called on the citizens to participate in the... Published 10 Jan, 2025 03:51am
Near-normal rainfall expected this month; southern region may face water scarcity KARACHI: Most parts of the country are expected to receive near-normal rainfall in January 2025. However, the... Published 10 Jan, 2025 03:51am
Economic development not possible without active role of private sector: Kakar ISLAMABAD: Former caretaker prime minister (PM) Anwaarul Haq Kakar has said that economic development is not ... Published 10 Jan, 2025 03:51am
IHC allows PTI leader Khosa to proceed abroad ISLAMABAD: The Islamabad High Court (IHC) on Thursday allowed Pakistan Tehreek-e-Insaf (PTI) leader Sardar Latif... Published 10 Jan, 2025 03:51am
Stocks European markets rise as mining, healthcare surge amid bond market jitters FRANKFURT: European markets ended Thursday on a high note, driven by a rally in healthcare and mining sectors,... Published 10 Jan, 2025 03:51am
Stocks China stocks dip in scramble for offshore assets amid deflationary pressure SHANGHAI: China stocks slipped on Thursday as official data underscored persistent deflationary pressure despite... Published 10 Jan, 2025 03:51am
Stocks Nikkei ends lower as investors book profits TOKYO: Japan’s Nikkei share average closed lower on Thursday as investors sold stocks to book profits after a... Published 10 Jan, 2025 03:51am
Stocks Indian shares fall on worries over likely slowdown in earnings MUMBAI: Indian shares dropped on Thursday, with heavyweight HDFC Bank leading the decline, as anxiety over a likely... Published 10 Jan, 2025 03:51am
Rates Bearish trend persists KARACHI: Pakistan Stock Exchange witnessed bearish trend on fourth consecutive session and closed in red zone as the... Published 10 Jan, 2025 03:51am
Energy Captive power plants: No significant progress made in talks with IMF: official ISLAMABAD: Dr Fakhre Alam Irfan, Secretary of the Power Division, has revealed that no significant progress has been... Published 10 Jan, 2025 03:51am
Stocks Most Gulf markets ease on US economic data DUBAI: Most stock markets in the Gulf were subdued on Thursday as signs of US economic resilience dampened... Published 10 Jan, 2025 03:51am
Stocks UK midcaps end higher but rate jitters persist LONDON: The UK’s midcap stocks ended higher on Thursday, rebounding from a more-than-eight-month low touched... Published 10 Jan, 2025 03:51am
Commodities Chicago soybeans dip on stronger dollar BEIJING/PARIS: Chicago soybean futures slipped on Thursday, pressured by a stronger US dollar and easing concerns... Published 10 Jan, 2025 03:51am
Commodities Iron ore range-bound amid Chinese stimulus, weakening demand SINGAPORE: Iron ore futures prices traded within a narrow range on Thursday, as traders weighed new stimulus ... Published 10 Jan, 2025 03:51am
Commodities Japan rubber futures rise on softening yen, Chinese stimulus optimism SINGAPORE: Japanese rubber futures ticked up on Thursday, buoyed by the yen at a milestone low and optimism around... Published 10 Jan, 2025 03:51am
Commodities Gold hits four-week peak NEW YORK: Gold prices rose to a near four-week high on Thursday, supported by safe-haven demand, while investors... Published 10 Jan, 2025 03:51am
Commodities Copper driven higher by technical factors LONDON: Copper prices extended gains for a sixth session on Thursday as technical factors provided momentum and... Published 10 Jan, 2025 03:51am
Energy Oil rises as cold snap drives winter fuel demand HOUSTON: Oil prices gained more than 1% on Thursday as cold weather gripped parts of the US and Europe, driving up... Published 10 Jan, 2025 03:51am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday, (January 09, 2025)... Published 10 Jan, 2025 03:51am
Cotton & Textile Spot rate gains Rs5,00 per maund LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Thursday increased the spot rate by Rs... Published 10 Jan, 2025 03:51am
Commodities Prices up slightly in Vietnam, post-holiday trade sluggish HANOI: Vietnam coffee prices edged up this week as supplies from the 2024/25 crop remained limited, with ... Published 10 Jan, 2025 03:51am
Commodities PMEX daily trading report KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 42.703... Published 10 Jan, 2025 03:51am
Rates Activities of Karachi Port Trust KARACHI: The Karachi Port Trust handled 125,652 tonnes of cargo comprising 108,844 tonnes of import cargo and 16,808... Published 10 Jan, 2025 03:51am
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 10 Jan, 2025 03:51am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 10 Jan, 2025 03:51am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Thursday (January 09, 2025). ======================== Open Bid... Published 10 Jan, 2025 03:51am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (January 09, 2025).... Published 10 Jan, 2025 03:51am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (January 09, 2025)... Published 10 Jan, 2025 03:51am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Thursday (January 09, 2025). ======================================= Offset... Published 10 Jan, 2025 03:51am
UN predicts world economic growth to remain at 2.8pc in 2025 UNITED NATIONS/ NEW DELHI: Global economic growth is projected to remain at 2.8 percent in 2025, unchanged from ... Published 10 Jan, 2025 03:51am
Forex reserves drop KARACHI: The country’s total liquid foreign exchange reserves dropped by $31 million, reaching $16.378 billion by... Published 10 Jan, 2025 03:51am
FY26 budget: Tax, non-tax revenue: 4 base categories identified ISLAMABAD: The budget circular for fiscal year 2025-26 calls for a new set of information to identify and tag green/... Updated 10 Jan, 2025 09:30am
Indonesian President’s visit: Ministries asked to finalise trade proposals ISLAMABAD: Minister for Planning Ahsan Iqbal directed the relevant authorities to prepare concrete draft of... Updated 10 Jan, 2025 09:03am
Govt wants to complete PIA privatisation this year ISLAMABAD: The Pakistani government plans to complete the privatisation of Pakistan International Airlines Company... Updated 10 Jan, 2025 09:30am
20pc criteria violated: Q1 current expenditures stand at Rs3.54trn ISLAMABAD: Amid initiatives to reduce volume and expenditures of the federal government, current expenditures stood... Updated 10 Jan, 2025 09:02am
SBP governor seems very optimistic about economy Jameel Ahmad says SBP remains focused on achieving medium-term economic stability Updated 10 Jan, 2025 09:32am
Large majority of committed power projects not affordable, says minister ISLAMABAD: Minister for Power, Sardar Awais Leghari, has claimed that out of the total 17,000 MW of new projects... Updated 10 Jan, 2025 08:47am
Revised IPP contracts: Govt says consumers to get Rs1.1trn benefit ISLAMABAD: Minister for Power, Sardar Awais Ahmad Leghari, has stated that the financial benefit of the revised... Updated 10 Jan, 2025 09:28am
Telenor acquisition: Delay in CCP’s decision may impact 5G launch ISLAMABAD: The delay in Competition Commission of Pakistan’s (CCP) decision regarding acquisition of Telenor... Updated 10 Jan, 2025 08:49am
PIA sees Rs107m revenue on direct flight to Paris KARACHI: Pakistan International Airlines (PIA) is set to generate sizeable revenue of over Rs 107 million on its... Updated 10 Jan, 2025 08:44am
‘Fake’ imports of solar panel: PCA unearths Rs106bn money laundering KARACHI: Post Clearance Audit (PCA), South has uncovered another massive money laundering scam involving Rs 106... Updated 10 Jan, 2025 08:43am
FBR rolls out new protocols for Afghan cargos ISLAMABAD: The Federal Board of Revenue (FBR) has taken new measures for monitoring and safe transportation of... Updated 10 Jan, 2025 09:29am
Growing unease in ruling alliance EDITORIAL: Since it decided to support the PML-N from the ‘outside’ for forming the government, post the... Published 10 Jan, 2025 03:51am
Policy inconsistencies major obstacle to investment EDITORIAL: Policy inconsistencies and delays are the biggest impediments to investment. Irrespective of who is in... Published 10 Jan, 2025 03:51am
Rightsizing initiative EDITORIAL: Finance Minister Muhammad Aurangzeb’s announcement of the government’s decision to abolish 60 percent of... Published 10 Jan, 2025 03:51am
Taxes Cargo containers for Afghanistan: FBR’s decision to end satellite tracking irks PBC ISLAMABAD: Pakistan Business Council (PBC) has expressed serious concern over Federal Board of Revenue’s (FBR)... Published 10 Jan, 2025 03:51am
Taxes Forum sets aside FTO’s order against IR official LAHORE: A senior official of the Inland Revenue department has got rescinded adverse remarks made by the Federal Tax... Published 10 Jan, 2025 03:51am
Money & Banking Dollar climbs for third straight session NEW YORK: The US dollar advanced for a third straight session on Thursday as Treasury yields dipped but remained at... Published 10 Jan, 2025 03:51am
Money & Banking Most Asian currencies fall on US tariff BENGALURU: Most Asian equities retreated on Thursday, while currencies edged lower, as growing concerns that US... Published 10 Jan, 2025 03:51am
SECP identifies another illegal investment scheme ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has identified another illegal deposit... Published 10 Jan, 2025 03:51am
Industry BD diplomat briefs FPCCI delegation on Dhaka fair KARACHI: Bangladesh Deputy High Commissioner in Karachi S M Mahbubul Alam had an interactive meeting with the... Published 10 Jan, 2025 03:51am
Companies Sybrid formalizes strategic partnership with PSW KARACHI: Sybrid Private Limited proudly hosted the Memorandum of Understanding (MoU) signing ceremony with Pakistan... Published 10 Jan, 2025 03:51am
Industry UNDP joins Unilever & Seed Ventures for 2nd ‘Life Pakistan 2.0’ KARACHI: United Nations Development Programme (UNDP) has partnered with Unilever Pakistan & Seed Ventures for ... Published 10 Jan, 2025 03:51am
Industry ‘SIFC’s focus on agri development is yielding promising results’ KARACHI: The Chairman of National Business Group Pakistan, President of the Pakistan Businessmen and Intellectuals... Published 10 Jan, 2025 03:51am
Industry Sharjeel urges entrepreneurs to set up industrial zones KARACHI: Sindh Senior Minister and Provincial Minister for Information, Transport and Mass Transit, Sharjeel Inam... Published 10 Jan, 2025 03:51am
Industry Fashion industry has potential to bring in more foreign exchange: Mahmoud Bhatti KARACHI: Internationally renowned Pakistani-French fashion designer Mehmood Bhatti has emphasized that with... Published 10 Jan, 2025 03:51am
Industry TDAP’s WEXNET show in Lahore begins today LAHORE: The 12th WEXNET 2025, organized by the Trade Development Authority of Pakistan (TDAP) will be held at the... Published 10 Jan, 2025 03:51am