Latest - Business Recorder

World

Saudi contractor MGC calls off up to $800 million IPO despite strong demand

The offering is covered multiple times at the top of its price range of 12.5 riyals per share last week

Published 09 Jun, 2026 01:07pm

World

Saudi PIF assets reach $910bn in 2025, below Vision 2030 target

The report also shows real non-oil GDP reaches $892 billion

Published 09 Jun, 2026 12:57pm

Pakistan

CDF Munir vows to expand defence collaboration with Lebanese Armed Forces

Field Marshal Munir and General Haykal met to boost Pakistan-Lebanon defense collaboration, emphasizing mutual interest and regional security.

Published 09 Jun, 2026 12:47pm

Markets

Japan's Nikkei ends higher as chip-related heavyweights jump

Nikkei closed up 2.17% at 65,416.63

Published 09 Jun, 2026 12:44pm

Markets

European shares steady; Middle East tensions in focus

Pan-European STOXX 600 index edged 0.1% higher to 622.68 points

Published 09 Jun, 2026 12:42pm

Markets

Aussie stocks slip for third session as mining losses outweigh real estate gains

Benchmark S&P/ASX 200 index fell 0.2% to 8,604.2 points

Published 09 Jun, 2026 12:39pm

Pakistan

Sindh issues circular aimed at strengthening prosecution system

On the directions of Sindh Minister for Law, Home and Parliamentary Affairs Zia-ul-Hassan Lanjar, Prosecutor General...

Published 09 Jun, 2026 12:13pm

Markets

Govt advances DISCOs’ privatisation as investor outreach begins

The government’s plan to privatise power distribution companies (DISCOs) has formally entered its implementation...

Published 09 Jun, 2026 12:01pm

Pakistan

Pakistan's FY27 budget to be presented in 'coming days'

Time, date and venue will be shared in due course, says the government

Published 09 Jun, 2026 11:39am

World

Indian economy, government finances, see mounting costs from Iran war

India’s oil-and-gas import bill jumps 53% in April from March

Published 09 Jun, 2026 11:12am

Business & Finance

India's Tata Group units plan bond sales after year-long gap, bankers say

Tata Steel raises 30 billion Indian rupees through a sale of five-year bonds

Published 09 Jun, 2026 11:03am

Markets

Copper steady as tight LME stocks counter China demand worries, Mideast tensions

Benchmark three-month copper on the LME was down 0.22% at $13,585.5 a metric ton

Published 09 Jun, 2026 10:56am

Business & Finance

India's SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loan

Its long-standing financial troubles are worsened by the Middle East conflict

Published 09 Jun, 2026 10:53am

Markets

Indian shares rise as banks gain on RBI forex swap facility

Nifty 50 was up 0.36% at 23,205.2, while the BSE Sensex gained 0.35% to 73,776.79

Published 09 Jun, 2026 10:34am

Markets

Dollar hovers around two-month high as Iran-Israel truce hangs in balance

The euro stood at $1.1528 and the sterling fetched $1.3335

Published 09 Jun, 2026 10:31am

Markets

Buying returns to bourse, KSE-100 up 2,000 points

Benchmark index was hovering at 170,954.65

Published 09 Jun, 2026 10:18am

Markets

Oil falls as investors await clarity after Iran-Israel halt attacks

Brent crude futures were down 91 cents, or 1%, at $93.34 a barrel

Published 09 Jun, 2026 10:17am

Perspectives

The credibility gap: how accurate are Pakistan's budget projections?

Every year, the months leading up to June become highly charged in the world of business, media and policy. The...

Published 09 Jun, 2026 10:00am

Business & Finance

Governor, Ethiopian envoy discuss trade, investment avenues

KARACHI: Sindh Governor Syed Muhammad Nehal Hashmi and Ethiopia’s Honorary Consul General in Pakistan, Ibrahim...

Published 09 Jun, 2026 04:58am

Pakistan

IBA Karachi secures NBEAC’s highest ‘W’ category accreditation

KARACHI: IBA School of Business Studies (SBS) has secured the National Business Education Accreditation Council’s...

Published 09 Jun, 2026 04:58am

Pakistan

‘Alarming coastal heatwave’ forecast for Karachi

KARACHI: The metropolis is likely to face a coastal heatwave over the coming days, with temperatures expected to...

Published 09 Jun, 2026 04:58am

BR Research

Sapphire Fibres Limited: performance and outlook

Sapphire Fibres Limited (PSX: SFL) was incorporated in Pakistan as a public limited company in 1979. The principal...

Updated 09 Jun, 2026 06:05am

BR Research

Pakistan’s IT exports: momentum without depth

Pakistan’s IT exports are one of the few bright spots in the external account. At a time when the country is...

Updated 09 Jun, 2026 05:53am

Pakistan

Bilawal says PPP will try to form govt in G-B

ISLAMABAD: After the Pakistan People’s Party (PPP) emerged as the largest party in the Gilgit-Baltistan elections,...

Published 09 Jun, 2026 04:58am

Pakistan

Ahsan-led team, KP CM take up NEC meeting, other major issues

PESHAWAR: A federal delegation led by Minister for Planning, Development and Special Initiatives Ahsan Iqbal called...

Published 09 Jun, 2026 04:58am

Pakistan

NA body calls for fiscal discipline in development planning

ISLAMABAD: The National Assembly Standing Committee on Planning, Development and Special Initiatives emphasised...

Published 09 Jun, 2026 04:58am

Pakistan

Kamal to introduce viable reforms in nursing

ISLAMABAD: Federal Minister for National Health Services and Regulations, Mustafa Kamal, vowed to introduce viable...

Published 09 Jun, 2026 04:58am

Business & Finance

Production data: Parallel monitoring systems resulting in duplication

ISLAMABAD: The Federal Board of Revenue’s production monitoring system is being implemented alongside the already...

Published 09 Jun, 2026 04:58am

Pakistan

Three workers of govt construction co martyred in Turbat attack

TURBAT: Three workers of a government construction company were martyred in an attack by gunmen in Balochistan city...

Published 09 Jun, 2026 04:58am

Pakistan

Congrats to PPP for taking lead in G-B polls: PM

ISLAMABAD: Pakistan People’s Party (PPP) has emerged as the leading political force in the recent Gilgit-Baltistan...

Published 09 Jun, 2026 04:58am

Pakistan

PTI rejects G-B poll results, says will hold protests

ISLAMABAD: The opposition Pakistan Tehreek-e-Insaf (PTI) on Monday rejected the results of the June 7 elections in...

Published 09 Jun, 2026 04:58am

Pakistan

SC underscores need for setting up acid survivors’ rehab fund

ISLAMABAD: The Supreme Court of Pakistan recommended that the federal and provincial governments take necessary...

Published 09 Jun, 2026 04:58am

Pakistan

ATC approves Aleema’s plea

RAWALPINDI: The Anti-Terrorism Court (ATC) on Monday approved a petition filed by Aleema Khan, sister of the...

Published 09 Jun, 2026 04:58am

Pakistan

Justice Miangul for ‘mediation before litigation’ approach

ISLAMABAD: Justice Miangul Hassan Aurangzeb of the Supreme Court has called for a “mediation before litigation”...

Published 09 Jun, 2026 04:58am

Pakistan

PPP celebrates win in G-B polls

LAHORE: Senior leaders of the Pakistan Peoples Party’s Central Punjab chapter have congratulated their party...

Published 09 Jun, 2026 04:58am

Pakistan

PM visits Chaudhry Nisar’s residence

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday paid a visit to the residence of Chaudhry Nisar Ali Khan to offer...

Published 09 Jun, 2026 04:58am

Pakistan

Azimpura Flyover to open within week: mayor

KARACHI: Mayor Karachi Barrister Murtaza Wahab on Monday said the Azimpura Flyover project has been completed in...

Published 09 Jun, 2026 04:58am

Business & Finance

‘Industrial tomato’ varieties: Chinese research center, Pakistani food company ink MoU

KARACHI: The Beijing Jingwa Agricultural Science and Technology Innovation Center (Jingwa Center) and Pakistan’s...

Published 09 Jun, 2026 04:58am

Business & Finance

BMG urges govt to avoid repeating past policy mistakes

KARACHI: The Chairman of the Businessmen Group (BMG),Zubair Motiwala, and the President of the Karachi Chamber of...

Published 09 Jun, 2026 04:58am

Pakistan

Former BR photographer passes away

KARACHI: Former staff photographer of Business Recorder, Zubair Ahmed Khan, passed away on Monday after a protracted...

Published 09 Jun, 2026 04:58am

Pakistan

‘People back PPP all the way in G-B polls’

KARACHI: Sindh government spokesperson Arsalan Islam Sheikh, who is also the mayor of Sukkur, has said that the...

Published 09 Jun, 2026 04:58am

Pakistan

JI Karachi forms body of Manghopir, New Nazimabad residents

KARACHI: Jamaat-e-Islami (JI) Karachi on Monday announced the formation of a joint committee in city’s Mir Muhammad...

Published 09 Jun, 2026 04:58am

Business & Finance

Lasbela Chamber urges govt to introduce comprehensive reforms

KARACHI: Lasbela Chamber of Commerce and Industry (LCCI) has urged the federal government to introduce comprehensive...

Published 09 Jun, 2026 04:58am

Pakistan

Saylani to establish ‘Khawaja Mohkam Ud-Din Serani Centre’

KARACHI: A one-day scientific and research seminar on “Quranic Aesthetics” and a special exhibition of sacred relics...

Published 09 Jun, 2026 04:58am

Business & Finance

ITANZ Technologies plans Rs4.34bn investment in Australian firm

KARACHI: ITANZ Technologies Limited has announced plans to invest up to Rs4.34 billion in an Australian company as...

Published 09 Jun, 2026 04:58am

Pakistan

SU extends deadline for admissions

HYDERABAD: The Sindh University (SU) has extended the deadline for provisional admissions to its four-year Associate...

Published 09 Jun, 2026 04:58am

Pakistan

KP CM issued non-bailable arrest warrants

ISLAMABAD: A district and session court on Monday again issued non-bailable arrest warrants for Chief Minister...

Published 09 Jun, 2026 04:58am

Business & Finance

Punjab to create unified tax collection authority: minister

LAHORE: Punjab Finance Minister Mian Mujtaba Shuja-ur-Rehman has stated that to streamline the collection of...

Published 09 Jun, 2026 04:58am

Pakistan

‘NAB has distributed Rs462m to housing fraud affectees’

LAHORE: Chairman NAB, Lt. Gen Nazir Ahmed Butt (Retd), distributed 1,619 pay orders worth approximately Rs462...

Published 09 Jun, 2026 04:58am

Pakistan

Brain tumours: CM underscores need for early diagnosis to save lives of patients

LAHORE: Emphasizing the need for raising public awareness about early detection of brain tumor, Punjab Chief...

Published 09 Jun, 2026 04:58am

Pakistan

Punjab Assembly proceedings go paperless

LAHORE: The Punjab Assembly on Monday marked a historic milestone in Pakistan’s parliamentary history by holding its...

Published 09 Jun, 2026 04:58am

Business & Finance

Traders seek business-friendly measures in budget

LAHORE: Industrialists, traders and agricultural experts have urged the government to adopt business-friendly...

Published 09 Jun, 2026 04:58am

Pakistan

First global conference on ‘recycling’ at Faisalabad tomorrow

FAISALABAD: More than 300 national and international experts, policymakers, researchers, industrialists, and...

Published 09 Jun, 2026 04:58am

Pakistan

CM praises security forces

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has expressed appreciation over the successful security operations...

Published 09 Jun, 2026 04:58am

World

Israeli military kills six in Gaza and expands control zone

CAIRO: Israeli strikes killed six Palestinians, including a child, in the Gaza Strip on Monday, health officials...

Published 09 Jun, 2026 04:58am

World

Pope urges action on ‘tragic drama’ of migration

MADRID: Pope Leo XIV called for a global response to the “tragic drama” of migration and said world peace was a...

Published 09 Jun, 2026 04:58am

World

Energy crisis shows need to speed up transition: climate envoys

BONN: The oil crisis triggered by the Middle East war highlights the need to cut fossil fuel dependence and...

Published 09 Jun, 2026 04:58am

Business & Finance

FY2026-27 budget: PSCTF calls for structural tax reforms

KARACHI: Pakistan SADC Chamber Trade Federation (PSCTF) has urged the federal government to undertake wide-ranging...

Published 09 Jun, 2026 04:58am

Pakistan

Dar reviews auto policy for EV transition

ISLAMABAD: Deputy Prime Minister/Foreign Minister Senator Mohammad Ishaq Dar chaired a high-level meeting on Monday...

Published 09 Jun, 2026 04:58am

Business & Finance

Fixed Tax Asaan Scheme a historic milestone: PBIF

KARACHI: Mian Zahid Hussain, president of the Pakistan Businessmen and Intellectuals Forum (PBIF), the All Karachi...

Published 09 Jun, 2026 04:58am

Pakistan

PM, Bilawal discuss AJK situation in key meeting

ISLAMABAD: Prime Minister Shehbaz Sharif held a meeting with Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto...

Published 09 Jun, 2026 04:58am

Pakistan

PM’s aide’s remarks: BISP chairperson seeks apology

ISLAMABAD: Against the apparent backdrop of the criticism on Benazir Income Support Programme (BISP) by one of the...

Published 09 Jun, 2026 04:58am

Pakistan

Senate surrenders Rs1.44bn savings to national kitty

ISLAMABAD: The Senate of Pakistan has announced to have surrendered the savings of Rs1.44 billion to the national...

Published 09 Jun, 2026 04:58am

Pakistan

Pakistan rejects UK MPs comments on AJK

ISLAMABAD: Pakistan on Monday rejected what it termed “unwarranted” remarks about Azad Jammu and Kashmir (AJK) made...

Published 09 Jun, 2026 04:58am

Business & Finance

Auto & Auto Parts Policy 2026-31: PAAPAM wants urgent discussions

ISLAMABAD: The Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has issued an urgent...

Published 09 Jun, 2026 04:58am

Business & Finance

Customs values of imported ammunition revised

ISLAMABAD: The Directorate General of Customs Valuation, Karachi, has revised the customs values of ammunition,...

Published 09 Jun, 2026 04:58am

World

IAEA calls on Iran to ‘re-engage’

VIENNA: UN nuclear watchdog chief Rafael Grossi called on Iran on Monday to “re-engage” with him so inspections can...

Published 09 Jun, 2026 04:58am

World

Major quake off Philippines kills at least 35, dozen still missing

GENERAL SANTOS, (Philippines): A 7.8-magnitude earthquake in the southern Philippines on Monday killed at least 35...

Published 09 Jun, 2026 04:58am

Former Fata, Pata areas: Traders demand withdrawal of taxes

PESHAWAR: Representatives of chambers of commerce and trader organisations from Malakand Division and the merged...

Updated 09 Jun, 2026 09:14am

Markets

Oil prices settle USD1 higher

HOUSTON: Oil prices settled USD1 higher after rising more than 5 percent earlier in the session on Monday as Iran...

Published 09 Jun, 2026 04:58am

Pakistan

Clashes in AJK kill 11 ahead of protest

MUZAFFARABAD: Clashes in Azad Jammu and Kashmir (AJK) ahead of a protest called for Tuesday killed 11 people and...

Published 09 Jun, 2026 04:58am

PM Shehbaz warns Middle East violence could have ‘unbearable consequences’

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday warned that the recent surge in violence in the Middle East...

Updated 09 Jun, 2026 09:12am

Leghari reviews progress on power project for Gwadar

ISLAMABAD: Minister for Power, Sardar Awais Ahmad Khan Leghari, has reviewed progress on a proposed 40 MW power...

Updated 09 Jun, 2026 09:13am

DISCOs & KE: Consumers to get Rs1.99 relief in June, July & August bills: Nepra

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has issued its detailed decision regarding a...

Updated 09 Jun, 2026 11:14am

Pakistan

PPP ‘greenlights’ budget support

ISLAMABAD: After two days of intensive negotiations, the federal government and its key coalition partner, the...

Published 09 Jun, 2026 04:58am

Taxes & enforcement: Finance Bill may introduce Rs1trn measures

ISLAMABAD: Finance Bill 2026 is likely to introduce tax policy and enforcement measures of nearly Rs 1 trillion in...

Updated 09 Jun, 2026 09:09am

Customs values of imported tyres and tubes revised

ISLAMABAD: The Directorate General of Customs Valuation, Karachi, has revised customs values of over 100 different...

Updated 09 Jun, 2026 09:14am

No consensus yet on provinces’ shares under NFC Award

ISLAMABAD: The federal government has yet to secure the consensus of provincial governments on a proposal to retain...

Updated 09 Jun, 2026 09:11am

Business & Finance

Foreign funding, donation: SECP to obtain relevant security clearance

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has decided to obtain relevant security...

Published 09 Jun, 2026 04:58am

Rs20bn proposed for M-6 project under PSDP

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives has proposed an allocation of PKR 20...

Updated 09 Jun, 2026 09:18am

Tariff Policy Board approves second-year tariff rationalisation plan

Revised rates will be applicable from July 1, 2026, well-informed sources in Commerce Ministry say

Updated 09 Jun, 2026 09:09am

Pakistan

The Weather

KARACHI: The weather report on Monday (June 08, 2026) and the forecast for Tuesday (June 09 2026)....

Published 09 Jun, 2026 04:58am

Editorials

Taxing traders: a political test

EDITORIAL: The announcement last week of the Fixed Tax Asaan Scheme for small traders and shopkeepers is the latest...

Published 09 Jun, 2026 04:58am

Editorials

A long-overdue harvest of common sense

EDITORIAL: Pakistan’s decision to adopt a National Agricultural Biotechnology Policy comes after years of declining...

Published 09 Jun, 2026 04:58am

World

Lebanese president makes appeal to Israeli government to pursue talks, not war

We are ready, we are willing, we are committed. Are you

Published 09 Jun, 2026 12:01am

Pakistan

President Zardari, PM Shehbaz discuss budget, security, and regional situation

Meeting takes place at at Aiwan-e-Sadr

Updated 08 Jun, 2026 11:17pm

World

India inflation likely rose to 4% in May as food, fuel costs climb: Reuters poll

Inflation has remained below the RBI's 4% target for 15 consecutive months

Published 08 Jun, 2026 10:08pm

Business & Finance

India's BPCL says to shut crude unit at Mumbai refinery in November

The state-run refiner initially planned to shut the units at the 200,000-bpd

Published 08 Jun, 2026 10:02pm

World

Three Air India aircraft grounded after weather damage, regulator says

Strong winds moved ground equipment into two of the planes and debris struck a third

Published 08 Jun, 2026 09:58pm

Pakistan

Dar chairs review of auto policy with focus on accelerating EV transition

Meeting targets accelerating Pakistan's EV adoption, strengthening manufacturing, and mitigating climate change impacts

Published 08 Jun, 2026 08:13pm

World

India-US trade deal can be finalised after tariff probe concludes, official says

Bilateral trade talks gathered pace last week as a US delegation held three days of talks with Indian trade officials in New Delhi

Published 08 Jun, 2026 08:12pm

Business & Finance

PTC seeks 10-year fixed-rate financing, tax relief for exporters in budget

Pakistan's textile sector calls for 10-year fixed financing, FTR restoration, and tax abolition in the 2026-27 budget to boost exports and investment.

Published 08 Jun, 2026 08:03pm

Markets

Wall St gains as chips rebound, Middle East tensions ease

Dow Jones Industrial Average rose 146.11 points to 51,015.91 while S&P 500 gained 50.54 points

Published 08 Jun, 2026 07:53pm

World

Powerful Philippine quake leaves at least 32 feared dead, survivors recount fear

The Philippines mobilised military and disaster response teams across Mindanao

Published 08 Jun, 2026 07:42pm

World

Iran, Israel say they have halted strikes on each other for now

The wave of attacks over the ‌past 24 hours marked the most direct confrontation between Iran and Israel since an April ceasefire

Published 08 Jun, 2026 07:32pm

Pakistan

'Give peace a little more chance': PM Shehbaz urges restraint amid escalating Middle East tensions

Voices deep concern over escalating Middle East violence, warning it jeopardises fragile ceasefires and ongoing diplomatic efforts for lasting peace

Updated 08 Jun, 2026 09:43pm

Markets

India bond rally survives US-Iran war, oil flare-up in RBI policy afterglow

The yield on the benchmark 6.48% 2035 note fell 2.4 bps to 6.9532%

Published 08 Jun, 2026 06:18pm

Markets

Chicago wheat falls to two-month lows on ample supply, corn and soybeans also down

Chicago Board of Trade most-active wheat fell 0.2% to $5.78-1/2 a bushel at 1131 GMT

Published 08 Jun, 2026 06:10pm

Markets

India reports surprise current account surplus in Jan-March quarter

The current account surplus stood at $7.1 billion

Published 08 Jun, 2026 05:37pm

Pakistan

FO slams British MPs, diaspora comments on AJK as ill-informed

Pakistan rejects UK interference in Azad Kashmir, stressing its sovereignty and commitment to non-interference in other nations' internal affairs.

Updated 08 Jun, 2026 06:03pm

Editorials

Taxing traders: a political test

EDITORIAL: The announcement last week of the Fixed Tax Asaan Scheme for small traders and shopkeepers is the latest...

Published 09 Jun, 2026 04:58am

Editorials

A long-overdue harvest of common sense

EDITORIAL: Pakistan’s decision to adopt a National Agricultural Biotechnology Policy comes after years of declining...

Published 09 Jun, 2026 04:58am

Editorials

Budget 26-27: Stabilisation fatigue is now setting in

EDITORIAL: Balancing the budget is becoming increasingly difficult. Despite imposing exorbitant taxes on the formal...

Updated 08 Jun, 2026 08:02am

Editorials

CPEC outcome

EDITORIAL: Federal Minister for Power, Sardar Awais Khan Leghari, during a press conference on Sunday, acknowledged...

Published 08 Jun, 2026 02:29am

Editorials

The death of white gold

EDITORIAL: Punjab’s cotton acreage has fallen to its lowest level in nearly six decades, while national production...

Published 07 Jun, 2026 05:11am

Editorials

The organ trade scandal

EDITORIAL: The revelations emerging from the Supreme Court regarding illegal organ transplantation in Punjab expose...

Published 07 Jun, 2026 05:11am

Editorials

Worrisome export fall

EDITORIAL: When the Uraan Pakistan initiative was launched at the tail end of 2024, it envisioned transforming the...

Updated 06 Jun, 2026 06:57am

Editorials

Pakistan’s investment climate: confidence in short supply

EDITORIAL: Pakistan’s investment climate was already struggling long before the latest Business Confidence Index...

Updated 06 Jun, 2026 12:09pm

Editorials

Widening trade deficit

EDITORIAL: Trade deficit July-May 2026 widened to negative 34.758 billion dollars against negative 29.585 billion...

Published 05 Jun, 2026 05:48am

Editorials

Terrorism’s dangerous momentum

EDITORIAL: Pakistan recorded 128 terrorist attacks in May, up 27 percent from April, while civilian deaths rose by...

Published 05 Jun, 2026 05:48am

Editorials

A disturbing tally

EDITORIAL: The disclosure before the Lahore High Court, during the recent hearing of a petition seeking the recovery...

Published 05 Jun, 2026 05:48am

Editorials

Budget postponement raises multiple questions

EDITORIAL: In a press release dated 29 May President Asif Ali Zardari summoned the budget session of the National...

Updated 04 Jun, 2026 12:56pm

Editorials

The cost of impunity

EDITORIAL: The latest escalation of Israeli military operations in southern Lebanon, despite a US-brokered ceasefire...

Updated 04 Jun, 2026 06:48am

Editorials

The plight of PSDP

EDITORIAL: The allocation for next year’s Public Sector Development Programme (PSDP), a prime mover of the country’s...

Published 03 Jun, 2026 02:34am

Editorials

Water cannot be weaponised

EDITORIAL: India’s attempt to weaken the sanctity of the Indus Waters Treaty has elevated a long-standing bilateral...

Published 03 Jun, 2026 02:34am

Editorials

When taxes punish formal businesses

EDITORIAL: While the minister of state for finance has assured a traders’ delegation during recently held...

Updated 02 Jun, 2026 05:37am

Editorials

Defined Contributory Pension

EDITORIAL: Reports suggest that the government intends to implement the Defined Contributory Pension (DCP) in the...

Updated 02 Jun, 2026 05:41am

Editorials

Undoing NFC Award’s population bias

EDITORIAL: A rare political consensus is emerging around one of Pakistan’s most sensitive fiscal questions: whether...

Updated 01 Jun, 2026 05:40am

Editorials

The pope’s AI’s warning

EDITORIAL: Pope Leo XIV’s first encyclical “Magnificent Humanity” arrives as a timely moral reckoning with the...

Updated 01 Jun, 2026 05:45am

Editorials

A very harsh annual budget in the offing?

EDITORIAL: The International Monetary Fund (IMF) concluded its mission to Pakistan (13 to 20 May) and in a press...

Published 31 May, 2026 02:34am

Editorials

Bracing for Super El Nino

EDITORIAL: From record-breaking heat waves and destructive floods to prolonged droughts and crop failures, Pakistan...

Published 31 May, 2026 02:34am

Editorials

The cost of mismanagement

EDITORIAL: Pakistan’s mega dam projects are once again becoming case studies in the same institutional failures that...

Updated 30 May, 2026 06:09am

Editorials

An impossible bargain

EDITORIAL: US President Donald Trump’s latest attempt to tie the normalisation of relations between Muslim-majority...

Updated 30 May, 2026 07:33am

Editorials

Slow death of a city of teeming millions

EDITORIAL: Karachi’s collapse into one of the world’s least liveable cities is no longer merely an urban planning...

Published 27 May, 2026 03:13am

Editorials

Arrogance of impunity

EDITORIAL: The shocking treatment of international humanitarian activists intercepted aboard the Gaza-bound flotilla...

Updated 27 May, 2026 04:19am

Editorials

Oil smuggling: a dangerous parallel market

EDITORIAL: The surge in Iranian oil smuggling into Pakistan during the ongoing Middle East conflict has exposed...

Updated 26 May, 2026 07:27am

Editorials

Quetta bombing: terrorism continues to pose a grave threat

EDITORIAL: The horrific suicide bombing near the Chaman railway crossing in Quetta on Sunday is yet another grim...

Updated 26 May, 2026 07:30am

Editorials

A new policy for the automobile sector

EDITORIAL: The government is coming up with the Automobile and Auto Parts Manufacturing Policy 2026–31. The New...

Updated 25 May, 2026 07:02am

Editorials

Tax collection: a system designed to fail

EDITORIAL: Clearly, Pakistan’s repeated failure to meet tax collection targets is not merely a fiscal problem; it...

Updated 25 May, 2026 08:03am

Editorials

Law, deterrence and mental health

EDITORIAL: The Federal Shariat Court’s decision to restore Section 325 of the Pakistan Penal Code reflects an...

Published 24 May, 2026 02:23am

Editorials

Relentless terror in KP

EDITORIAL: The renewed wave of terrorism in Khyber Pakhtunkhwa (KP) is a grim reminder that Pakistan’s security...

Published 24 May, 2026 02:23am

Editorials

Rebound in textile exports

EDITORIAL: Federal Bureau of Statistics (PBS) released provisional data that showed textile exports rebounding in...

Updated 23 May, 2026 06:26am

Editorials

A welcome award on Indus waters

EDITORIAL: Pakistan has expressed “utmost satisfaction” over the supplemental award by the Permanent Court of...

Published 23 May, 2026 05:43am

Editorials

Balochistan’s minerals sector gets security boost

EDITORIAL: Prime Minister Shehbaz Sharif’s recent directive to deploy the Frontier Corps across Balochistan’s...

Published 22 May, 2026 06:05am

Editorials

Licensed cruelty

EDITORIAL: Senator Sherry Rehman has performed an important public service by exposing the grim reality hidden...

Published 22 May, 2026 06:05am

Editorials

Push for boosting provincial resources

EDITORIAL: The federal government has urged the provincial governments to increase own-resources and emphasised the...

Published 21 May, 2026 05:01am

Editorials

NAB reform now imperative

EDITORIAL: Among the many findings and recommendations put forward by the IMF’s Governance and Corruption Diagnostic...

Updated 21 May, 2026 05:43am

Editorials

A step forward, but on paper

EDITORIAL: The passage of the Domestic Workers Welfare Bill, 2025, by the Sindh Assembly, is undoubtedly a welcome...

Updated 21 May, 2026 05:42am

Editorials

China’s consent to revise IPP deals

EDITORIAL: The Pakistan government is making efforts to persuade the Chinese Independent Power Producers (IPPs),...

Published 20 May, 2026 02:34am

Editorials

The end of the unipolar moment

EDITORIAL: Donald Trump arrived in Beijing seeking strategic relief and left with little more than carefully staged...

Published 20 May, 2026 02:34am

Editorials

Gulf dependence clouds remittance outlook

EDITORIAL: The latest figures released by the State Bank of Pakistan present a mixed picture of the country’s...

Updated 19 May, 2026 06:24am

Editorials

Generating electricity from waste: better late than never

EDITORIAL: Prime Minister Shehbaz Sharif’s directive to prepare a roadmap for generating electricity from solid...

Updated 19 May, 2026 12:57pm

Editorials

Privilege in custody

EDITORIAL: The recent controversy surrounding the arrest of an alleged drug dealer, Pinky, in Karachi has once again...

Updated 19 May, 2026 06:22am

Editorials

If wishes were horses...

Pakistan's textile exporters face a "recipe for disaster" as abrupt withdrawal of government support, high costs, and a sticky exchange rate cripple their competitiveness.

Updated 18 May, 2026 07:01am

Editorials

Supporting SMEs and exports: govt still searching for roadmaps

EDITORIAL: Prime Minister Shehbaz Sharif’s latest directive to formulate a “comprehensive roadmap” for supporting...

Updated 18 May, 2026 08:01am

Editorials

Israel: misleading narratives

EDITORIAL: Israel’s growing diplomatic isolation over its genocidal campaign in Gaza appears to have prompted...

Updated 18 May, 2026 08:02am

Editorials

The war getting more and more expensive

EDITORIAL: Saudi Aramco’s warning that global markets have already lost nearly one billion barrels of oil supply...

Updated 17 May, 2026 07:02am

Editorials

India’s rights record under scrutiny

EDITORIAL: The United States Commission on International Religious Freedom’s (USCIRF’s) renewed call for the US...

Updated 17 May, 2026 07:22am

Editorials

The SLA documents

EDITORIAL: The International Monetary Fund (IMF) uploaded the staff level agreement (SLA) documents on the third...

Published 16 May, 2026 02:29am

Editorials

Votes without verdicts

EDITORIAL: The principle that “justice delayed is justice denied” has once again become painfully relevant to this...

Published 16 May, 2026 02:29am

Currency	Rate
USD PKR Interbank Selling / Jun 8	278.60
USD PKR Interbank Buying / Jun 8	278.40
USD to Japanese Yen / Jun 8	160.18
USD to Swiss Franc / Jun 8	0.80
Pound Sterling to USD / Jun 8	1.33
Euro to USD / Jun 8	1.15
SOFR % / Jun 8	3.62

Stock	Volume
S&P 500 / Jun 8	7,405.73
India Sensex / Jun 8	73,524.26
Tokyo Nikkei / Jun 8	64,024.60
Nasdaq / Jun 8	25,929.66
Hang Seng / Jun 8	24,657.06
FTSE 100 / Jun 8	10,373.20
Dow Jones / Jun 8	50,786.01
Germany DAX 30 / Jun 8	24,616.22
France CAC40 / Jun 8	8,199.29

Item	Value
Crude Oil USD/Barrel / Jun 8	91.34
Gold 10 Grams PKR / Jun 8	386,987
Gold Spot USD/Ounce / Jun 8	4,326.41
Cotton US¢/pound / Jun 8	77.61
Petrol/Litre / Jun 9	377.78
Diesel/Litre / Jun 9	380.78

Stock	Price
First AL-Noor Mod. / Jun 9 First Al-Noor Modaraba(FANM)	7.53 ▲ 1 (15.31%)
First Fid. Leasing / Jun 9 First Fidelity Leasing Modaraba(FFLM)	9.67 ▲ 1 (11.53%)
First Dawood Prop. / Jun 9 First Dawood Properties Limited(FDPL)	5.89 ▲ 0.6 (11.34%)
Gulistan Sp. / Jun 9 Gulistan Spinning Mills Limited(GUSM)	10.02 ▲ 1 (11.09%)
Chenab Ltd / Jun 9 Chenab Limited(CHBL)	10.25 ▲ 1 (10.81%)
TPL Properties / Jun 9 TPL Properties Limited(TPLP)	11.31 ▲ 1.03 (10.02%)
Redco Textile / Jun 9 Redco Textiles Limited(REDCO)	28.68 ▲ 2.61 (10.01%)
S.G.Power / Jun 9 S.G. Power Limited(SGPL)	55.30 ▲ 5.03 (10.01%)
Burshane LPG / Jun 9 Burshane LPG (Pakistan) Limited(BPL)	56.86 ▲ 5.17 (10%)
Cherat Packaging / Jun 9 Cherat Packaging Limited(CPPL)	83.72 ▲ 7.61 (10%)

Stock	Price
Agritech Non-voting / Jun 9 Agritech Non-Voting Preference(AGLNCPS)	36 ▼ -4 (-10%)
Pak Qatar Family / Jun 9 Pak Qatar Family Takaful Limited(PAKQATAR)	26.17 ▼ -2.41 (-8.43%)
Shahtaj Sugar / Jun 9 Shahtaj Sugar Mills Limited(SHJS)	158 ▼ -13 (-7.6%)
Ideal Spinning / Jun 9 Ideal Spinning Mills Limited(IDSM)	72 ▼ -5.27 (-6.82%)
Paramount Spinning / Jun 9 Paramount Spinning Mills Limited(PASM)	7.77 ▼ -0.56 (-6.72%)
Suhail Jute / Jun 9 Suhail Jute Mills Limited(SUHJ)	89.70 ▼ -6.36 (-6.62%)
Mughal Energy / Jun 9 Mughal Energy Limited(GEM)(GEMMEL)	21.10 ▼ -1.38 (-6.14%)
Ruby Textile / Jun 9 Ruby Textile Mills Limited(RUBY)	17.50 ▼ -0.99 (-5.35%)
Premier Sugar / Jun 9 The Premier Sugar Mills(PMRS)	420.10 ▼ -23.69 (-5.34%)
Service Textile / Jun 9 Service Industries Textiles Limited(SERT)	36 ▼ -1.85 (-4.89%)

Stock	Volume
TPL Properties / Jun 9 TPL Properties Limited(TPLP)	55,900,142 ▲ 1.03
TPL Corp Ltd / Jun 9 TPL Corp Limited(TPL)	44,982,429 ▲ 1.03
Pace (Pak) Ltd. / Jun 9 Pace (Pakistan) Limited(PACE)	31,499,537 ▲ 0.74
WorldCall Telecom / Jun 9 Worldcall Telecom Limited(WTL)	17,720,113 ▲ 0.01
TRG Pak Ltd / Jun 9 TRG Pakistan Limited(TRG)	13,988,536 ▲ 2.14
First Dawood Prop. / Jun 9 First Dawood Properties Limited(FDPL)	12,465,953 ▲ 0.6
D.S. Ind. Ltd. / Jun 9 D.S. Industries Limited(DSIL)	12,324,286 ▼ -0.41
Waves Home Appliances / Jun 9 Waves Home Appliances Limited(WAVESAPP)	11,740,515 ▲ 0.36
Pak Int.Bulk / Jun 9 Pakistan International Bulk Terminal(PIBTL)	10,551,695 ▲ 0.2
Oilboy Energy / Jun 9 Oilboy Energy Limited(OBOY)	9,955,063 ▲ 1.68

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