South Asia South Korean President Yoon arrested over failed martial law bid SEOUL: Impeached South Korean leader Yoon Suk Yeol was arrested on Wednesday over his failed martial law bid, ending... Published 16 Jan, 2025 03:05am
Sindh students in Kyrgyzstan: Understanding on coordination mechanism reached KARACHI An understanding has been reached to establish a coordination mechanism to facilitate students from Sindh in... Published 16 Jan, 2025 03:05am
Banking courts lack jurisdiction to entertain tort claims? LAHORE: A higher appellate forum has set aside a judgment passed by the banking court, ruling that the banking ... Published 16 Jan, 2025 03:05am
South Asia Bangladesh’s Yunus demands return of stolen billions DHAKA: Bangladesh’s interim leader Muhammad Yunus on Wednesday demanded the return of stolen assets, decrying the... Published 16 Jan, 2025 03:05am
USA Fire-hit LA faces new peril as dangerous gusts forecast LOS ANGELES: Powerful winds forecast for Wednesday threatened to whip up massive fires still burning around Los... Published 16 Jan, 2025 03:05am
Xi hails ‘historical opportunity’ for China-Sri Lanka ties BEIJING: Chinese leader Xi Jinping said relations between China and Sri Lanka faced a “historical opportunity” ... Published 16 Jan, 2025 03:05am
South Asia India’s defence minister cites power rivalry in Indian Ocean region NEW DELHI: International power rivalry is playing out in the Indian Ocean region, India’s Defence Minister Rajnath... Published 16 Jan, 2025 03:05am
Gaza rescuers say Israeli strikes kill 27 Palestinians GAZA STRIP: Gaza’s civil defence agency said on Wednesday that Israeli strikes killed at least 27 people, as the... Published 16 Jan, 2025 03:05am
Europe Moscow, Kyiv exchange 50 POWs KYIV: Russia and Ukraine have each released 25 captured prisoners of war in the first exchange of 2025, both... Published 16 Jan, 2025 03:05am
Lessons from Los Angeles: mitigating wildfire risks in the Margalla Hills The recent wildfires in Los Angeles have once again highlighted the devastating consequences of climate change and... Published 16 Jan, 2025 03:05am
Why Does Trump want to occupy Greenland? President-elect Donald Trump has made his expansionist ideology loud and clear. Among his many controversial... Published 16 Jan, 2025 03:05am
Europe Wars, extreme weather events top global risks: Davos study BRUSSELS: Armed conflict is the biggest risk this year, a World Economic Forum survey warned on Wednesday, as... Published 16 Jan, 2025 03:05am
Baseless assertions: FO, ISPR assail India’s minister, army chief ISLAMABAD: Taking strong exception, Pakistan’s Foreign Office and the military have strongly reacted to the Indian... Published 16 Jan, 2025 03:04am
Pakistan was never a formal ally of US: White House WASHINGTON: The United States has declared that Pakistan has played a pivotal role in the US counterterrorism ... Published 16 Jan, 2025 03:04am
Third round of govt-PTI talks to begin today ISLAMABAD: The stage is set for tempering down expectations of an imminent outcome of the negotiations between the... Published 16 Jan, 2025 03:04am
Nutrition’s COI report: Birth of low-weight, premature babies creating hidden crisis KARACHI: The birth of low-weight and premature babies is creating a hidden but significant health crisis in ... Published 16 Jan, 2025 03:04am
Meeting of newly-appointed Sindh govt spokespersons held KARACHI: A key meeting of the newly appointed spokespersons of the Sindh government was held here under the... Published 16 Jan, 2025 03:04am
Govt to promote movies, dramas, says Sharjeel KARACHI: The Sindh government has resolved to intensify efforts to promote movies, dramas, and documentaries while... Published 16 Jan, 2025 03:04am
NAB enables recovery of Rs510.12m from illegal housing society LAHORE: The National Accountability Bureau (NAB) Lahore has successfully enabled the recovery and disbursement of Rs... Published 16 Jan, 2025 03:04am
23 terrorists of banned outfits held across Punjab LAHORE: The Counter-Terrorism Department (CTD) Punjab foiled a major terrorist plan by arresting 23 terrorists... Published 16 Jan, 2025 03:04am
Massive financial irregularities exposed in KPK: Azma LAHORE: Punjab Information Minister Azma Bokhari has said that large-scale financial embezzlement and ghost ... Published 16 Jan, 2025 03:04am
JI chief criticises ruling elite LAHORE: Chief of Jamaat-e-Islami Hafiz Naeem ur Rehman has criticized the ruling elite, calling them a visionless... Published 16 Jan, 2025 03:04am
Punjab cabinet approves agenda for forest department LAHORE: The Punjab Cabinet on Wednesday approved a four-point agenda for the Forest Department, which included... Published 16 Jan, 2025 03:04am
Punjab PA: PPP seeks enhanced powers of ministers, parliamentary secretaries LAHORE: The Punjab Assembly witnessed another day of opposition’s protests Wednesday as the session commenced with... Published 16 Jan, 2025 03:04am
Stocks China stocks end lower as investors await more stimulus SHANGHAI: China stocks closed down on Wednesday following a strong rally in the previous session as investors were... Published 16 Jan, 2025 03:04am
Stocks Indian benchmarks inch higher on IT MUMBAI: India’s benchmark indexes inched higher on Wednesday, led by energy and information technology stocks,... Published 16 Jan, 2025 03:04am
Unlocking Pakistan’s potential: a critical exploration of development challenges Why has Pakistan struggled to achieve sustainable long-term economic growth despite its vast potential? Development... Published 16 Jan, 2025 03:04am
Dialogue is the answer– what’s the issue? While checking into a major international chain of Hotels in Cairo, a couple of years back, I was intrigued more by... Published 16 Jan, 2025 03:04am
Valuing lost energy The energy crisis in Pakistan coupled with a hike in fuel prices has extended the need for investments and... Published 16 Jan, 2025 03:04am
Letters The govt’s quest for new job opportunities Prime Minister Shehbaz Sharif has said his government is actively working on a policy aimed at lowering unemployment... Published 16 Jan, 2025 03:04am
PARTLY FACETIOUS: Taking the bull by the tail? “I have been to the Qadir University….” “Stop. Isn’t the subject sub judice?” “Well, I don’t think... Published 16 Jan, 2025 03:04am
Murad, Dar discuss Sindh uplift projects ISLAMABAD: Sindh Chief Minister Syed Murad Ali Shah called on the Deputy Prime Minister/ Foreign Minister Senator... Published 16 Jan, 2025 03:04am
PTI wants no delay in new CEC’s appointment ISLAMABAD: As the stage is set for the retirement of Chief Election Commissioner (CEC) Sikander Sultan Raja, the... Published 16 Jan, 2025 03:04am
Govt entities: Tarar underscores need for rightsizing ISLAMABAD: Law Minister Azam Tarar has said that rightsizing in the government entities is the need of the hour, as,... Published 16 Jan, 2025 03:04am
Why accused in APS attack case were not tried under Army Act, asks SC ISLAMABAD: The Constitutional Bench questioned why those persons who had launched attack on Army Public School (APS)... Published 16 Jan, 2025 03:04am
Gohar expresses cautious optimism over prospects of govt-PTI talks ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) negotiation committee will submit its demands in writing to the... Published 16 Jan, 2025 03:04am
ATC disposes of bail plea of Hajra Niazi LAHORE: The Anti-Terrorism Court on Wednesday disposed of a bail application of Hajra Niazi sister of Hassan Niazi... Published 16 Jan, 2025 03:04am
Maryam says students securing 65pc and above marks to get laptops LAHORE: Chief Minister Punjab Maryam Nawaz Sharif directed the authorities concerned to increase number of Honahar... Published 16 Jan, 2025 03:04am
The Weather KARACHI: The weather report on Wednesday (January 15, 2025) and the forecast for Thursday (January 16, 2025)... Published 16 Jan, 2025 03:04am
Rates PSX ends in the red KARACHI: Pakistan Stock Exchange on Wednesday witnessed a mixed trend and remained oscillating in positive and... Published 16 Jan, 2025 03:04am
Energy OGDCL says Karo-1 well brought into production KARACHI: Oil and Gas Development Company Limited (OGDCL) has announced that Kharo-1 well located in Khairpur, Sindh... Published 16 Jan, 2025 03:04am
Stocks Wall St surges after inflation data NEW YORK: Wall Street’s main indexes soared on Wednesday, with the benchmark S&P 500 touching a one-week high,... Published 16 Jan, 2025 03:04am
Stocks Europe shares log best day in four months after US data FRANKFURT: European shares closed over 1% higher on Wednesday after an in-line inflation reading in the US raised ... Published 16 Jan, 2025 03:04am
Energy US natural gas prices rise NEW YORK: US natural gas futures rose about 1% to a two-year high on Wednesday on forecasts for more frigid weather... Published 16 Jan, 2025 03:04am
Rates Activities of Karachi Port Trust, Port Qasim KARACHI: The Karachi Port Trust handled 140,133 tonnes of cargo comprising 102,975 tonnes of import cargo and 37,158... Published 16 Jan, 2025 03:04am
Energy Oil rises as traders assess sanctions impact NEW YORK: Oil prices rose on Wednesday as the market focused on potential supply disruptions from US sanctions on... Published 16 Jan, 2025 03:04am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (January 15, 2025)... Published 16 Jan, 2025 03:04am
Cotton & Textile Selective buying seen on cotton market LAHORE: The local cotton market on Wednesday remained steady and the trading volume remained moderate. Cotton... Published 16 Jan, 2025 03:04am
Commodities Gold prices recover sharply KARACHI: Gold prices regained a huge ground on Wednesday, as the global bullion rates neared $2,700 per ounce,... Published 16 Jan, 2025 03:04am
Rates LME official prices LONDON: The following were Tuesday official prices. ========================================= ALUMINIUM... Published 16 Jan, 2025 03:04am
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 16 Jan, 2025 03:04am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Wednesday (January 15, 2025). ========================== KIBOR... Published 16 Jan, 2025 03:04am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 16 Jan, 2025 03:04am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Wednesday (January 15, 2025). ======================== Open ... Published 16 Jan, 2025 03:04am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (January 15, 2025).... Published 16 Jan, 2025 03:04am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 15, 2025).... Published 16 Jan, 2025 03:04am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (January 15, 2025)... Published 16 Jan, 2025 03:04am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Wednesday (January 15, 2025). ======================================= ... Published 16 Jan, 2025 03:04am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (January 15, 2025). ==================================== ... Published 16 Jan, 2025 03:04am
Afghan transit trade especially via Gwadar Port: Govt to swap bank guarantee for insurance bond ISLAMABAD: The government is set to replace the bank guarantee system with an insurance guarantee to facilitate... Published 16 Jan, 2025 03:04am
Aurangzeb for innovative solutions to accelerate financial inclusion ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired the second meeting of the... Published 16 Jan, 2025 03:04am
5MFY25: LSM sector sees 1.25pc contraction YoY ISLAMABAD: The overall Large Scale Manufacturing (LSM) sector has shown a growth of -1.25 percent during the first... Published 16 Jan, 2025 03:04am
Economy’s growth model needs urgent overhaul: World Bank ISLAMABAD: Pakistan’s model of growth — dominated by (public) consumption, high levels of debt, low productivity... Published 16 Jan, 2025 03:04am
Budget formulation process: OICCI president meets finance minister ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting with Yousaf Hussain,... Published 16 Jan, 2025 03:04am
Banks apprised of road map to export growth KARACHI: Federal Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal on Wednesday, in a meeting... Published 16 Jan, 2025 03:04am
Nepra issues daily penalty warning to KE, Discos ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Wednesday warned K-Electric and other Discos of... Published 16 Jan, 2025 03:04am
EV stations’ charging tariff cut to Rs39.70/unit ISLAMABAD: Federal Minister for Power Sardar Awais Ahmad Leghari stated on Wednesday that the government will soon ... Published 16 Jan, 2025 03:04am
Independent market being set up: Govt to stop purchasing power soon, NA told ISLAMABAD: Federal Minister for Power Awais Leghari informed the National Assembly on Wednesday that the government... Published 16 Jan, 2025 03:04am
Senate panel told: Exporters fail to avail CPFTA-II opportunities ISLAMABAD: Commercial Section Pakistan Embassy Beijing admitted that neither the opportunities arising from China... Published 16 Jan, 2025 03:04am
PD orders NPGCL to remove CEO ISLAMABAD: The Power Division has directed the Board of Northern Power Generation Company Limited (NPGCL) to... Published 16 Jan, 2025 03:04am
Commodities Dollar slips after CPI data NEW YORK: The dollar weakened against major peers on Wednesday after cooler-than-expected data eased fears that... Published 16 Jan, 2025 03:04am
Commodities Iron ore near two-week high on strong China data BEIJING: Iron ore futures extended gains on Wednesday, aided by China’s better-than-expected credit data, but ... Published 16 Jan, 2025 03:04am
Commodities French wheat export forecast held at lowest this century PARIS: Farm office FranceAgriMer on Wednesday kept its monthly forecast for 2024/25 French soft wheat exports ... Published 16 Jan, 2025 03:04am
Commodities Gold firms as dollar, yields slip; US inflation data looms NEW YORK: Gold prices firmed on Wednesday as the US dollar and Treasury yields retreated, while market participants... Published 16 Jan, 2025 03:04am
Commodities Corn, soybeans steady near multi-month highs CANBERRA/PARIS: Chicago corn and soybean futures edged higher on Wednesday to trade near multi-month highs as... Published 16 Jan, 2025 03:04am
Commodities EU sanctions threat on Russian metal supports aluminium price LONDON: Aluminium prices in London rose on Wednesday due to worries about tightening supplies to the European Union... Published 16 Jan, 2025 03:04am
Commodities PMEX daily trading report KARACHI: On Tuesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 41.317 billion... Published 16 Jan, 2025 03:04am
Commodities Japanese rubber futures soar SINGAPORE: Japanese rubber futures climbed for the fifth consecutive session on Wednesday to their highest in more... Published 16 Jan, 2025 03:04am
Commodities Malaysian palm oil futures lower JAKARTA: Malaysian palm oil futures closed lower on Wednesday, tracking rival soyoil’s weakness in Dalian and... Published 16 Jan, 2025 03:04am
Petrol price hiked by Rs3.47, HSD’s by Rs2.61 ISLAMABAD: Federal government announced on Wednesday a raise in petroleum products prices up to Rs 3.47 per litre ... Published 16 Jan, 2025 03:04am
61bps drop in PIBs yield recorded KARACHI: Margins on long-term government papers fell up to 61 basis points (bps) in the auction held on Wednesday.... Published 16 Jan, 2025 03:04am
Industry KCCI urges govt to probe stepped-up load-shedding KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Muhammad Jawed Bilwani while strongly criticizing... Published 16 Jan, 2025 03:04am
Industry Pakistan, Bangladesh needed to ink FTA or PTA: FPCCI KARACHI: Atif Ikram Sheikh, President FPCCI, has stressed that Pakistan and Bangladesh need to have free trade... Published 16 Jan, 2025 03:04am
Industry Collector Customs addresses FCCI members, speaks of progressive steps FAISALABAD: Import and export containers are being cleared on the same day under the multiple steps taken for the... Published 16 Jan, 2025 03:04am
Industry LCCI holds seminar titled ‘real estate taxation’ LAHORE: The Lahore Chamber of Commerce and Industry has organized an important seminar on “Real Estate Taxation”... Published 16 Jan, 2025 03:04am
Money & Banking Asian currencies: Rupiah hits over 5-month low BENGALURU: Indonesia’s rupiah fell to its lowest in more than five months on Wednesday ahead of the central... Published 16 Jan, 2025 03:04am
UK inflation dips LONDON: Britain’s annual inflation rate unexpectedly fell to 2.5 percent last month, official data on Wednesday... Published 16 Jan, 2025 03:04am
JPMorgan earns biggest-ever annual profit NEW YORK: JPMorgan Chase on Wednesday posted record annual profit as its dealmakers and traders reaped a windfall... Published 16 Jan, 2025 03:04am
Advancing female education EDITORIAL: The two-day conference on “Educating Girls in Muslim Societies: Challenges and Opportunities”, ... Published 16 Jan, 2025 03:04am
Making power affordable EDITORIAL: Power Minister Awais Leghari’s recent detailed assessment of the state of the power sector and the... Published 16 Jan, 2025 03:04am
Industry SECP reviewing cost audit framework for corporate sector ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) is reviewing Cost Audit framework to balance... Published 16 Jan, 2025 03:04am
Aurangzeb chairs PMIC meeting: Several key challenges to financial inclusion outlined ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a meeting with the... Published 16 Jan, 2025 03:04am
Industry USF subsidy: PTCL, Ufone take major chunk ISLAMABAD: Pakistan Telecommunication Comp-any Limited (PTCL) and Ufone took major chunk of around Rs77 billion or ... Published 16 Jan, 2025 03:04am
Industry De-regulation of non-essential drugs has helped availability, realise export potential: PPMA chief KARACHI: The deregulation of non-essential drugs has enabled pharmaceutical companies to resume production, improve... Published 16 Jan, 2025 03:04am
Companies Bisconni’s premium biscuit range wins award KARACHI: Bisconni’s premium biscuit range has been awarded the prestigious ‘Home Brand of the Year –... Published 16 Jan, 2025 03:04am
Companies Haaris Mahmood Chaudhary appointed CEO of Mobilink Bank KARACHI: The Board of Mobilink Bank has announced the appointment of Haaris Mahmood Chaudhary as the new Chief... Published 16 Jan, 2025 03:04am
Companies Ideas by GulAhmed unveils experience store at Dolmen Mall Clifton KARACHI: Ideas by GulAhmed, a leading name in Pakistan’s fashion and lifestyle industry, has launched it’s... Published 16 Jan, 2025 03:04am