Business & Finance BOJ likely eyeing steady rate hikes, says ex-central bank executive Maeda TOKYO: The Bank of Japan will likely raise interest rates again as early as July and keep hiking borrowing costs... Published 10 May, 2024 10:16am
Markets Malaysia end-April palm oil stocks rise 1.85%, MPOB says KUALA LUMPUR: Malaysia’s palm oil stocks at the end of April rose 1.85% from the previous month to 1.74 million... Published 10 May, 2024 10:14am
Markets Dollar nurses losses after another set of soft jobs data SINGAPORE: The US dollar had a soft tone in early Asian trading on Friday after losing ground overnight to the euro... Published 10 May, 2024 10:07am
Markets Oil prices up on stronger Chinese data, Middle East conflict TOKYO: Oil prices rose on Friday, continuing upwards trend on the signs of improving economy in China and as... Published 10 May, 2024 10:05am
Markets Govt’s balancing act: incentivise solar, but not too much? KARACHI: Pakistan’s government has once again been caught in a tight spot. It wants to promote renewable energy –... Updated 10 May, 2024 09:51am
BR Research Load-shedding leads to higher adjustments Another Rs52 billion has been sought by the power distribution companies on account of the quarterly tariff... Published 10 May, 2024 09:02am
BR Research OGDC – A weaker 3Q The largest E&P in the country announced its financial performance for 3QFY24 recently where earnings were seen... Published 10 May, 2024 08:59am
BR Research Bolan Castings Limited Bolan Castings Limited (PSX: BCL) was incorporated in Pakistan as a public limited company in 1982. It is a... Published 10 May, 2024 08:55am
Pakistan The Weather KARACHI: The weather report on Thursday (May 09, 2024) and the forecast for Friday (May 10, 2024)... Published 10 May, 2024 04:17am
Pakistan ‘Pegham-e-Aman’ conference pays homage to the ‘martyrs of the nation’ KARACHI: A conference “Pegham-e-Aman” was organised in Karachi by the Information Department of the Government ... Published 10 May, 2024 04:17am
Pakistan SBCA demolishes another 30 unauthorised structures KARACHI: The Sindh Building Control Authority (SBCA) has continued its crackdown on illegal constructions in various... Published 10 May, 2024 04:17am
Pakistan Syrian delegation engages with NUST to boost academic ties ISLAMABAD Headed by Dr Rami Waheed Al-Dhulli, Deputy Minister of Education and Educational Affairs, a seven-member... Published 10 May, 2024 04:17am
Pakistan Patrol Unit opened: Mohsin orders restoration of mobile signals at Margalla trails ISLAMABAD: Interior Minister Mohsin Naqvi on Thursday issued directives to ensure strict security at Margalla trails... Published 10 May, 2024 04:17am
World Putin says nuclear forces ‘always’ on alert in Victory Day speech MOSCOW: President Vladimir Putin on Thursday warned his nuclear forces were “always” on alert and added that... Published 10 May, 2024 04:17am
World US sends warship through Taiwan Strait ahead of presidential inauguration TAIPEI/BEIJING: A US warship sailed through the narrow Taiwan Strait on Wednesday, less than two weeks before... Published 10 May, 2024 04:17am
Pakistan Punjab CM assails perpetrators of May 9 violence LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has said the nation will neither forget nor forgive May 9. She... Published 10 May, 2024 04:17am
Pakistan Punjab PA terms May 9 riots conspiracy by extremists, political party LAHORE: The Punjab Assembly on Thursday has passed a condemnation resolution against the May 9 incident, terming it ... Published 10 May, 2024 04:17am
Pakistan Farmers to hold nationwide protest on May 21 LAHORE: Different farmer unions and movements from across the country announced nationwide protests on May 21, to... Published 10 May, 2024 04:17am
Pakistan 42 flour mills fined, licences suspended LAHORE: The Punjab Food Department imposed heavy fines on 42 flour mills on Thursday besides suspending their... Published 10 May, 2024 04:17am
Pakistan Lawyers observe strike LAHORE: The legal fraternity on Thursday observed countrywide strike against high handedness of police against the... Published 10 May, 2024 04:17am
Pakistan FO rejects US reservations on safety of political prisoners ISLAMABAD: Pakistan on Thursday dismissed the “reservations” expressed by the United States over the safety of... Published 10 May, 2024 04:17am
Pakistan May 9 violence: PM pays homage to martyrs and their families ISLAMABAD: Prime Minister Shehbaz Sharif has said the government shares the feelings and pain of the martyred... Published 10 May, 2024 04:17am
Pakistan HABIBMETRO and GoRead.pk collaborate to promote literacy KARACHI: HABIBMETRO continues to support social initiatives that are focused on children’s literacy and... Published 10 May, 2024 04:17am
Pakistan US deputy political counsellor calls on PTI’s Faraz ISLAMABAD: Far removed from the hype surrounding the first “anniversary” of May 9th violence, a senior American... Published 10 May, 2024 04:17am
Pakistan Ethiopian Airlines: ‘Efforts on to expand operations on daily basis from Karachi’ KARACHI: Ambassador of Ethiopia Jemal Beker Abdula, while referring to successful operations of Ethiopian Airlines... Published 10 May, 2024 04:17am
World Scientists win World Food Prize for work on Global Seed Vault PARIS: Scientists Geoffrey Hawtin and Cary Fowler, who on Thursday received the prestigious World Food Prize for... Published 10 May, 2024 04:17am
World Modi skips election in IIOJK as critics dispute integration claims OCCUPIED ANANTNAG: Prime Minister Narendra Modi is criss-crossing India in a marathon election campaign but, for the... Published 10 May, 2024 04:17am
World Slovenia launches Palestine recognition procedure LJUBLJANA: Slovenia’s government on Thursday passed a decree on recognising a Palestine state that will be sent to... Published 10 May, 2024 04:17am
Pakistan ‘May 9 was a revolt against Pakistan, its institutions’: PM ISLAMABAD: Prime Minister Shehbaz Sharif has said May 9 was a planned move to revolt against Pakistan as well as its... Published 10 May, 2024 04:17am
Pakistan Marwat accuses Omar of ‘conspiring’ against him ISLAMABAD: The firebrand Pakistan Tehreek-e-Insaf (PTI) leader Sher Afzal Marwat on Thursday accused party secretary... Published 10 May, 2024 04:17am
Pakistan PPP-P leader terms May 9 2023 ‘darkest day in the history of Pakistan’ ISLAMABAD: Pakistan Peoples Party Parliamentarian (PPP-P) Secretary General Nayyar Hussain Bukhari said that May 9 ... Published 10 May, 2024 04:17am
Pakistan Shuhada solidarity convention tomorrow QUETTA: Shuhada Solidarity Convention to be held on Thursday at Noori Naseer Khan Cultural Complex, Spinny Road... Published 10 May, 2024 04:17am
Pakistan May 9 riots: There can be no compromise with planners, facilitators, executors: army ISLAMABAD: Pakistan’s armed forces, along with the Chairman Joint Chiefs of Staff Committee (CJCSC) and Services... Published 10 May, 2024 04:17am
Pakistan Political figures: CJP asks why public money being spent on ads ISLAMABAD: Chief Justice Qazi Faez Isa questioned why public money is being spent on advertisements for the... Published 10 May, 2024 04:17am
Pakistan May 9 riots: ATC adjourns bail pleas of Dr Yasmin LAHORE: An Anti Terrorism Court (ATC) on Thursday adjourned bail petitions of PTI-Punjab Dr Yasmin Rashid in two... Published 10 May, 2024 04:17am
Pakistan Digital terrorism: COAS vows to defeat designs of inimical forces ISLAMABAD: Army Chief General Syed Asim Munir has vowed to defeat designs of inimical forces, which have unleashed... Published 10 May, 2024 04:17am
Pakistan ESD secy invites international teams for Rescue Challenge 2024 LAHORE: Secretary Emergency Services Department (ESD) has invited the international teams to participate in the... Published 10 May, 2024 04:17am
Pakistan HEC chairman for unleashing untapped AJK potential ISLAMABAD: Chairman of the Higher Education Commission (HEC) Dr Mukhtar Ahmed, has underscored the critical... Published 10 May, 2024 04:17am
Pakistan IK’s bail plea in 190-million-pound case: IHC turns down NAB prosecutor’s request ISLAMABAD: The Islamabad High Court (IHC) turned down the request of the National Accountability Bureau (NAB)... Published 10 May, 2024 04:17am
Pakistan Food security: Minister seeks academia, industry’s help FAISALABAD: Provincial Agriculture Minister Syed Muhammad Ashiq Hussain Shah on Thursday said that academia,... Published 10 May, 2024 04:17am
Pakistan Education of special children: Rs651m sanctioned for ‘Centre of Excellence’: CM LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has directed the provincial Finance Minister to accord top ... Published 10 May, 2024 04:17am
Pakistan Seven degree drop in mercury likely from today LAHORE: Some seven degree drop in mercury is expected from Friday night with the entry of fresh westerly system in... Published 10 May, 2024 04:17am
Pakistan Centcom chief meets COAS ISLAMABAD: General Michael Erik Kurilla, Commander of the United States Central Command (CENTCOM), paid a visit to... Published 10 May, 2024 04:17am
Pakistan 7 labourers from Punjab killed near Gwadar QUETTA: Seven migrant workers were shot dead in Surbander, near Gwadar, police said Thursday. The men were killed... Published 10 May, 2024 04:17am
Editorials The US must learn from history EDITORIAL: Israel’s genocidal war in the Middle East took yet another deadly turn on May 7 with the country,... Published 10 May, 2024 04:17am
Editorials The affectivity of a narrative EDITORIAL: Director General (DG) Inter-Services Public Relations Major General Ahmed Sharif’s remarks during his... Published 10 May, 2024 04:17am
Business & Finance Ethopian envoy offers 10-year tax holiday to Pakistani investors KARACHI: Fostering economic ties between Pakistan and Ethiopia, Ambassador Jemal Beker Abdula unveiled special offer... Published 10 May, 2024 04:17am
Markets Togh-02 well in KP: OGDCL announces commencement of production ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL), the operator of the Togh and ToghBala Development ... Published 10 May, 2024 04:17am
Business & Finance Illicit cigarette market inflicting Rs300bn annual loss on national exchequer: study ISLAMABAD: The illicit sector now holds a major share of 54 percent of the cigarette market in Pakistan as compared... Published 10 May, 2024 04:17am
Business & Finance IPO oversubscribed: IPAK raises Rs1.77bn in book-building process KARACHI: The book-building process of International Packaging Films Limited’s (IPAK) Initial Public Offer (IPO) ... Published 10 May, 2024 04:17am
Business & Finance Finance Bill 2024: Activists call for increase in tobacco taxes ISLAMABAD: Health activists have called for an immediate increase in tobacco taxes in Pakistan through Finance Bill... Published 10 May, 2024 04:17am
Print Sales tax fraud and fake invoices: Aurangzeb directs FBR to detect cases ISLAMABAD: Finance Minister Muhammad Aurangzeb has directed the Federal Board of Revenue (FBR) to detect cases of... Updated 10 May, 2024 09:02am
Print Qatari team lays focus on energy, mining and aviation: FO ISLAMABAD: Pakistan and Qatar have expressed their resolve to further deepen fraternal ties and enhance trade and... Updated 10 May, 2024 08:59am
Print Mid-term pipeline projects: New projects identified, Korean EXIM Bank team told ISLAMABAD: Minister for Economic Affairs Ahad Khan Cheema has informed the programme mission of the EXIM Bank Korea... Updated 10 May, 2024 09:19am
Print KE’s FCA of nine months: Karachi-based businesspeople express their reservations ISLAMABAD: Business community of Karachi on Thursday expressed serious reservations at the massive proposed... Updated 10 May, 2024 09:21am
Print PM takes serious note of absence of sugar data ISLAMABAD: Prime Minister Shehbaz Sharif is said to have taken serious note of the absence of requisite data on... Updated 10 May, 2024 08:59am
Print Sales tax on tractors, pesticides likely ISLAMABAD: The federal government is likely to impose sales tax on tractors as well as pesticides during the... Updated 10 May, 2024 08:57am
Print PM seeks Qatari investment ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday said that Pakistan was keen to transform its excellent ties... Updated 10 May, 2024 08:41am
Print Renewable energy, IT sectors: Dar invites Swiss investment ISLAMABAD: Foreign Minister Ishaq Dar on Thursday invited Swiss companies to invest in Pakistan, particularly in the... Updated 10 May, 2024 09:01am
Print April remittances up 27.9pc to $2.8bn YoY KARACHI: The inflows of workers’ remittances have increased by 27.9 percent on year-on-year basis to $2.8 billion... Updated 10 May, 2024 09:23am
Print Q4 of CFY: authorisation of Rs10.056bn approved for Power Division Authorisation made considering simplified release procedure approved by the ECNEC and release strategy 2023-24 of Finance Division Updated 10 May, 2024 09:24am
Business & Finance IMF to support CCP’s capacity building: Ruiz ISLAMABAD: Esther Pérez Ruiz, the IMF Resident Representative in Pakistan, visited the Competition Commission of... Updated 10 May, 2024 04:53am
Pakistan ‘Water cheapest source of power generation, lifeline of agri sector’ LAHORE: President of the Lahore Chamber of Commerce and Industry Kashif Anwar has said that water has a direct link... Published 10 May, 2024 04:17am
Business & Finance Stabilisation of economy: Briefs chief economist, UK HC about efforts ISLAMABAD: Chief Economist and Director for Economics and Evaluation Directorate in the Foreign, Commonwealth and... Published 10 May, 2024 04:17am
Business & Finance Uzbek FM calls on Zardari ‘Need to enhance bilateral cooperation in various sectors’ ISLAMABAD: President Asif Ali Zardari said that there is a need to further enhance bilateral cooperation with... Published 10 May, 2024 04:17am
Print SBP’s reserves up $1.114bn to $9.120bn KARACHI: The total liquid foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $1.114... Updated 10 May, 2024 08:58am
World Netanyahu says Israel ready to ‘stand alone’ after US arms warning JERUSALEM: Prime Minister Benjamin Netanyahu said Thursday that Israel was prepared to “stand alone” in its war in... Published 09 May, 2024 11:46pm
Markets Pakistan’s remittances clock in at $2.8bn in April, up 27.9% YoY Inflow declines 4.8% on a monthly basis Published 09 May, 2024 11:14pm
World UN official says Israel closure of Gaza crossings ‘completely crippling’ aid JERUSALEM: Israel’s closure of key crossings into Gaza has cut off the main entry point for aid, and particularly... Published 09 May, 2024 10:36pm
World US says satisfied with India steps on assassination plot WASHINGTON: The US ambassador to India said Thursday that the United States has been satisfied with India’s response... Published 09 May, 2024 09:33pm
Sports Sri Lanka names T20 World Cup squad COLOMBO: Sri Lanka named its T20 World Cup squad Thursday with no changes from the team that won the three series... Published 09 May, 2024 08:36pm
Sports Nadal squeezes past qualifier Bergs in Rome opener ROME: Rafael Nadal battled into the second round of the Rome Open on Thursday after bouncing back from a set down to... Published 09 May, 2024 08:33pm
Sports Mbappe gets ready to say goodbye as PSG digest Champions League exit PARIS: Kylian Mbappe is set to play his last game for Paris Saint-Germain at the Parc des Princes when they host... Published 09 May, 2024 08:20pm
Markets Sri Lankan shares end three-day losing streak on gains in consumer staples, industrials BENGALURU: Sri Lankan shares closed higher on Thursday, snapping three straight sessions of losses, helped by gains... Published 09 May, 2024 08:20pm
Pakistan Interior Minister Naqvi inaugurates Margalla Trails Patrol Unit Interior Minister Mohsin Naqvi on Thursday formally inaugurated the Margalla Trails Patrol Unit - a new security... Published 09 May, 2024 08:04pm
World IMF maintains Nigeria growth forecast at 3.3% for 2024 ABUJA: The International Monetary Fund on Thursday maintained its growth forecast of 3.3% for Nigeria’s economy for... Published 09 May, 2024 07:47pm
World Putin warns of global clash as Russia marks victory in World War Two MOSCOW: Russian President Vladimir Putin accused the West on Thursday of risking a global conflict and said no one... Published 09 May, 2024 07:44pm
Markets Kenya’s currency forecast to gain, Nigerian naira to ease KAMPALA: Kenya’s currency is expected to strengthen against the dollar in the coming week to Thursday, while the... Published 09 May, 2024 07:38pm
World Yemen’s Houthis chief says group will target any ships related to transport of goods to Israel DUBAI: The leader of Yemen’s Houthis, Abdul Malik al-Houthi, said on Thursday the group would target ships of any... Published 09 May, 2024 07:31pm
World Hamas says Israel move on Rafah aims to ‘obstruct’ truce talks DOHA: A Hamas official on Thursday accused Israel of carrying out incursions in Gaza’s southernmost city of Rafah to... Published 09 May, 2024 07:28pm
Markets IMF tranche: SBP-held foreign exchange reserves jump to nearly 2-year high at over $9bn Total liquid foreign reserves held by the country now stand at $14.46 billion Updated 09 May, 2024 10:16pm
Markets US stocks go sideways as jobless claims rise NEW YORK: Wall Street stocks moved sideways Thursday following mixed earnings reports as weekly US jobless claims... Published 09 May, 2024 07:22pm
Markets Major Gulf markets muted as Mideast conflict rages Major stock markets in the Gulf were subdued on Thursday, led by the Saudi index, amid rising geopolitical tensions... Published 09 May, 2024 07:01pm
World Europe must ‘deliver’ on Ukraine aid: EU Parliament chief KYIV: European Parliament Chief Roberta Metsola on Thursday urged Europe to follow through with the aid it has... Published 09 May, 2024 06:33pm
Technology Blocking mobile SIMs: explore alternative strategies to enhance tax collection, GSMA urges FBR GSMA says move could potentially disrupt vital services, especially during disasters and climate-related events Updated 09 May, 2024 10:29pm
Markets KSE-100 edges higher in range-bound trading The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed marginally higher in a range-bound trading... Updated 09 May, 2024 10:17pm
Markets Asia rice: Rates rise in top hubs, Thai prices hit near 2-month peak Top rice exporters saw rates climb this week due to an uptick in demand, while a stronger baht lifted Thai prices to... Published 09 May, 2024 05:59pm
World UK’s Cameron urges NATO countries to boost defence spending LONDON: UK Foreign Secretary David Cameron on Thursday urged NATO partners to soon start spending 2.5 percent of GDP... Published 09 May, 2024 05:51pm
Markets Sterling falls after BoE paves way for rate cut, FTSE 100 jumps to record LONDON: The pound and gilt yields fell on Thursday, while Britain’s blue-chip stock index hit a record after the... Published 09 May, 2024 05:51pm
World Turkiye not easing Israel export ban, government source says ANKARA: Relaxing Turkiye’s ban on exports to Israel is “out of the question” though companies have three months to... Published 09 May, 2024 05:46pm
Technology TikTok to label AI-generated images, video from OpenAI and elsewhere TikTok said on Thursday it would start using a technology aimed at helping it label images and video generated by... Published 09 May, 2024 05:31pm
Sports Pakistan, Japan set to vie for Azlan Shah Hockey Cup 2024 trophy on Saturday Greenshirts have qualified for the final of the event for the first time in 13 years Updated 09 May, 2024 05:44pm
Life & Style Thailand’s famed Koh Phi Phi archipelago suffers water shortages after heatwave BANGKOK: The dazzling Thai holiday islands made famous by Hollywood film ‘The Beach’ are facing a severe water... Updated 09 May, 2024 07:25pm
World Putin agrees to withdraw Russian forces from various Armenian regions MOSCOW: President Vladimir Putin has agreed to withdraw Russian forces and border guards from various parts of... Published 09 May, 2024 04:55pm
Business & Finance Bank of England moves closer to first rate cut since 2020 LONDON: The Bank of England took another step towards lowering interest rates, as a second official backed a cut and... Published 09 May, 2024 04:51pm
Markets Indian shares drop most in three months; L&T drags BENGALURU: Indian shares declined on Thursday, dragged down by Larsen and Toubro after the construction company... Published 09 May, 2024 04:40pm
World Russian military tech must be ‘one step ahead’: Putin MOSCOW: Russia needs to modernise its weapons so it is “one step ahead” and will use whatever foreign parts it can... Published 09 May, 2024 04:39pm
Markets Copper retreats on rate cut uncertainty, physical pushback LONDON: Copper prices retreated on Thursday on a potential delay in interest rate cuts ahead of key inflation data... Published 09 May, 2024 04:37pm
Markets Palm oil falls to one-week low on caution ahead of data release, weaker rivals SINGAPORE: Malaysian palm oil futures fell to close at a one-week low on Thursday amid lower prices of rival edible... Published 09 May, 2024 04:35pm
Technology iPad ‘Crush’ ad causes uproar amid AI anxiety SAN FRANCISCO: An ad for the new iPad Pro caused an uproar Wednesday for showing an industrial-sized hydraulic press... Published 09 May, 2024 04:29pm
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees