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Business & Finance

RDA inflow declines 6%, clocks in at $171mn in April

Inflows through the Roshan Digital Account (RDA) clocked in at $171 million in April, a decline of over 6% compared...

Published 21 May, 2024 02:48pm

Life & Style

Bulgari ambassador Priyanka Chopra debuts 140-carat diamond necklace

Priyanka Chopra, the global brand ambassador for Italian fine jewelry brand Bulgari, debuted a 140-carat diamond...

Published 21 May, 2024 02:44pm

World

Ukraine ‘urgently’ needs more air defences: Germany FM

KYIV: Ukraine urgently needs to boost its air defences in the face of relentless Russian attacks, Germany’s top...

Published 21 May, 2024 02:42pm

Life & Style

Cate Blanchett urges film industry to include refugee voices

CANNES, France: Australian actor Cate Blanchett, goodwill ambassador for the UN agency for refugees, on Monday urged...

Published 21 May, 2024 02:40pm

Markets

Gold price per tola falls Rs1,900 in Pakistan

Gold prices fell in Pakistan on Tuesday in line with a decrease in the international rate. In the local market, gold...

Published 21 May, 2024 02:07pm

World

Israeli army raids West Bank’s Jenin, Palestinians say seven killed

JENIN: Israeli forces raided Jenin in the occupied West Bank on Tuesday in an operation that the Palestinian health...

Published 21 May, 2024 01:38pm

Pakistan

Agri, industries perform: Pakistan posts 2.09% growth in Q3FY24, says NAC

Revises Q1 and Q2 estimates upwards to 2.71% and 1.79%, respectively
Targets GDP growth of 2.4% in FY24

Published 21 May, 2024 01:32pm

Markets

London stocks slip as Fed’s cautious stance weighs on sentiment

London stocks opened lower on Tuesday, tracking weakness in Asian markets as US Federal Reserve officials maintained...

Published 21 May, 2024 01:24pm

Life & Style

Scarlett Johansson says OpenAI chatbot voice ‘eerily similar’ to hers

Scarlett Johansson on Monday accused OpenAI of creating a voice for the ChatGPT system that sounded “eerily similar”...

Published 21 May, 2024 01:01pm

Pakistan

Sindh announces summer vacations from June 1

Vacations in all public and private institutions will end on July 31

Updated 21 May, 2024 01:31pm

Markets

India’s Russian oil imports rise to nine-month high in April

NEW DELHI: India’s Russian oil imports rose a nine-month high in April after shipments on non-sanctioned tankers...

Published 21 May, 2024 12:48pm

Markets

Russian rouble firms to strongest since early March against US dollar

MOSCOW: The Russian rouble strengthened against the US dollar on Tuesday to its strongest point since early March,...

Published 21 May, 2024 12:47pm

Markets

European stocks dip as rate uncertainty weighs

European stocks inched lower on Tuesday, following losses in Asian equities as US Federal Reserve officials tempered...

Published 21 May, 2024 12:45pm

Sports

USADA blasts WADA’s Banka over ‘hit job’ on US athletes

LOS ANGELES: The US Anti-Doping Agency on Monday accused World Anti-Doping Agency president Witold Banka of smearing...

Published 21 May, 2024 12:30pm

Sports

Fraser-McGurk, Short added as reserves to Australia T20 World Cup squad

SYDNEY: Rising talent Jake Fraser-McGurk and fellow batsman Matt Short were added to Australia’s Twenty20 World Cup...

Published 21 May, 2024 12:28pm

Sports

Australia’s Sam Kerr ruled out of Paris Olympics

SYDNEY: Talismanic Australian striker Sam Kerr was officially ruled out of the Olympics Tuesday, almost five months...

Published 21 May, 2024 12:19pm

Markets

Hong Kong stocks open with a loss

HONG KONG: Hong Kong stocks fell Tuesday after a recent rally as investors tracked a mixed day on Wall Street, with...

Published 21 May, 2024 12:16pm

World

Funerary procession to be held for late president in Iran’s northwest

TEHRAN: Iranians gathered on Tuesday to mourn at the funerary procession of president Ebrahim Raisi in the...

Updated 21 May, 2024 01:43pm

Markets

Power generation in Pakistan falls nearly 14% YoY in April

Power generation in Pakistan clocked in at 8,639 GWh (11,612 MW) in April 2024, down 13.7% as compared to the same...

Published 21 May, 2024 11:52am

Markets

Australia, NZ dollars run out of puff, ponder rate outlooks

SYDNEY: The Australian and New Zealand dollars faltered on Tuesday as momentum from last week’s rally seeped away...

Published 21 May, 2024 11:35am

World

Dubai DXB airport sees record 2024 traffic after 8.4% rise in Q1

DUBAI: Dubai’s main airport expects to handle a record passenger traffic this year after an 8.4% rise in the first...

Published 21 May, 2024 11:32am

Markets

Gold slips from record levels as dollar holds ground

Gold prices eased on Tuesday as the US dollar firmed, the metal backing away from a record peak hit in the previous...

Published 21 May, 2024 11:27am

Markets

Copper retreats from record high on firm dollar, subdued demand

Copper prices fell from a record high in a broadly weaker base metals market on Tuesday, dragged by a firmer dollar...

Published 21 May, 2024 11:22am

Markets

Malaysian palm oil opens higher despite lower soyoil

NEW DELHI: Malaysian palm oil futures opened higher on Tuesday despite lower soyoil futures, extending gains from...

Published 21 May, 2024 11:19am

Sports

Mohamed Salah suggests he will be at Liverpool next season

Liverpool forward Mohamed Salah has suggested he will stay at the Premier League club following the departure of...

Published 21 May, 2024 11:16am

Markets

Stocks slide, dollar holds firm as Fed focus intensifies; crypto soars

TOKYO: Asian stocks drifted lower while the dollar held firm on Tuesday as investors awaited minutes of the Federal...

Published 21 May, 2024 11:13am

World

Ukraine says it downs 28 out of 29 drones launched by Russia overnight

KYIV: Ukrainian forces shot down 28 out of 29 drones used by Russian forces in an overnight attack on seven regions,...

Published 21 May, 2024 11:10am

World

Israel, Hamas reject bid before ICC to arrest leaders for war crimes

RAFAH: Israel and Hamas, engaged in heavy fighting in the Gaza Strip, both angrily rejected on Monday moves to...

Updated 21 May, 2024 11:52am

World

France backs ICC after prosecutor seeks arrest warrants for Israel’s Netanyahu

PARIS: France backs the International Criminal Court (ICC) and the ‘fight against impunity’, its foreign ministry...

Published 21 May, 2024 10:59am

Markets

Intra-day update: rupee unchanged against US dollar

Currency hovers at 278-279 level in inter-bank market

Published 21 May, 2024 10:46am

Markets

China’s yuan hits weakest level in 3 weeks after fix set at 3-month low

SHANGHAI: China’s yuan slipped to a three-week low against the US dollar on Tuesday, dragged down by the country’s...

Published 21 May, 2024 10:18am

Markets

Banks push Australia shares down; James Hardie dips to 5-month low

Australian shares declined on Tuesday, as losses in financial stocks countered gains in miners and tech stocks,...

Published 21 May, 2024 10:10am

Markets

India bond yields seen easing as government cuts T-bill supply

MUMBAI: Indian government bond yields are expected to decline in early trade on Tuesday, after the government...

Published 21 May, 2024 10:08am

Markets

Indian rupee lingers close to near one-month high, forward premiums slip

MUMBAI: The Indian rupee inched up to its highest level in nearly a month in early trading on Tuesday but traders...

Published 21 May, 2024 10:05am

Markets

Japan’s Nikkei little changed as investors take a breather

TOKYO: Japan’s Nikkei share average gave up most of its early gains on Tuesday to trade little changed, as investors...

Published 21 May, 2024 10:03am

Markets

Indian shares open lower as financials, IT drag

BENGALURU: Indian shares inched lower on Tuesday, weighed by losses in heavyweight financial and information...

Published 21 May, 2024 10:00am

Markets

Dollar steady; ether fuels crypto rally

SINGAPORE: The dollar was firm on Tuesday while the yen struggled on the weaker side of the 156 level, though trade...

Published 21 May, 2024 09:56am

Markets

Oil prices fall on demand fears over Fed’s rates path

Oil prices extended losses in Asia trade on Tuesday, with investors anticipating lingering US inflation and higher...

Updated 21 May, 2024 01:29pm

BR Research

Sky-High FED: Pulping Punjab’s Rural Economy

Developing agriculture value chains is the low-hanging fruit in Pakistan’s economy – especially the Punjab economy....

Published 21 May, 2024 09:07am

BR Research

Power tariffs: Up the roof!

Quite expectedly, the Central Power Purchasing Agency (CPPA) has made it official what was on the cards – a large...

Published 21 May, 2024 09:03am

BR Research

Clover Pakistan Limited

Clover Pakistan Limited (PSX: CLOV) was incorporated in Pakistan as a public listed company in 1986. The company is...

Published 21 May, 2024 08:59am

Pakistan

The Weather

KARACHI: The weather report on Monday (May 20, 2024) and the forecast for Tuesday (May 21, 2024)...

Published 21 May, 2024 03:39am

Pakistan

Poultry cartelization case: CCP conducts hearing

ISLAMABAD: The Competition Commission of Pakistan (CCP) conducted a hearing in the poultry cartelization case,...

Published 21 May, 2024 03:39am

Business & Finance

Budget 2024-25: PBC for documenting economy as per Indian model

ISLAMABAD: Pakistan Business Council (PBC) has strongly proposed Finance Minister Muhammad Aurangzeb to implement...

Published 21 May, 2024 03:39am

Pakistan

Sharp drop in smoking tobacco confirmed: CRD survey

ISLAMABAD: A latest survey by Islamabad’s Centre for Research and Dialogue (CRD) confirmed a significant 18 ...

Published 21 May, 2024 03:39am

World

Strikes kill 11 in Ukraine region under Russian offensive

KYIV: Russian attacks on Ukraine’s Kharkiv region on Sunday killed at least 11 people, said authorities in the...

Published 21 May, 2024 03:39am

World

Indians vote early in fifth phase of polls to avoid blistering heat

MUMBAI/BHUBANESWAR: Indians voted on Monday in the fifth phase of mammoth general elections, with film actors and...

Published 21 May, 2024 03:39am

World

Assange wins bid to appeal US extradition ruling

LONDON: WikiLeaks founder Julian Assange on Monday won a bid to appeal against a UK court ruling that approved his...

Published 21 May, 2024 03:39am

World

Death of Raisi could stir race for Khamenei succession?

DUBAI: Iranian President Ebrahim Raisi’s death in a helicopter crash upsets the plans of hardliners who wanted him...

Published 21 May, 2024 03:39am

Life & Style

Explosive Trump biopic hits Cannes Film Festival

CANNES: A Donald Trump biopic looked set to trigger huge controversy in Cannes on Monday as the world-famous film...

Published 21 May, 2024 03:39am

World

Bader Ali Habib highlights Dubai’s comprehensive approach at ATM 2024

DUBAI: Dubai’s status as a premier global tourism destination is on a steady rise, backed by record-breaking...

Published 21 May, 2024 03:39am

Pakistan

3 vacant seats at SC: JCP to consider names of 9 judges from LHC, SHC on June 7

ISLAMABAD: The Judicial Commission of Pakistan (JCP) is to consider the names of nine judges from the Lahore High...

Published 21 May, 2024 03:39am

Pakistan

KP govt seeks live broadcast of NAB law amendments case

ISLAMABAD: The Khyber Pakhtunkhwa (KP) government has requested the Supreme Court for live streaming of proceedings...

Published 21 May, 2024 03:39am

Pakistan

Attacks on Pakistani students: Kyrgyz FM told to hold accountable responsible

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar met with his Kyrgyz counterpart Foreign Minister...

Published 21 May, 2024 03:39am

Business & Finance

Sui companies: Ogra determines estimated revenue requirements for FY2024-25

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) determined the revenue requirements of Sui companies for...

Published 21 May, 2024 03:39am

Pakistan

PPDA for combating smuggling of Iranian petrol

KARACHI: The petroleum dealers have said that urgent actions needed to combat petroleum product smuggling in...

Published 21 May, 2024 03:39am

Business & Finance

Turkish firms invited to expand investment portfolio

ISLAMABAD: The Minister of Foreign Affairs of the Republic of Türkiye, Hakan Fidan, called on Prime Minister ...

Published 21 May, 2024 03:39am

World

Kosovo shuts Serbian bank branches in troubled north

PRISTINA: Kosovar police said they had closed on Monday six branches of a Serbian bank in the country’s troubled...

Published 21 May, 2024 03:39am

Editorials

One state two rules

EDITORIAL: Finally, after unending uproar from business and industry, the government is in no mood to extend tax and...

Published 21 May, 2024 03:39am

FY2024-28: KE secures Nepra’s approval for ‘PAP’

ISLAMABAD: K-Electric has secured approval from the National Electric Power Regulatory Authority (NEPRA) for its...

Updated 21 May, 2024 09:04am

Belgian envoy visits KCCI: ‘Pakistan will have to apply for new regulation under GSP Plus’

KARACHI: Ambassador of Belgium Charles Delogne has said that although EU’s GSP Plus for Pakistan has been extended...

Updated 21 May, 2024 10:08am

July-April: mobile phones worth $1.462bn imported

ISLAMABAD: The country imported mobile phones worth $1.462 billion during the first 10 months (July-April) of the...

Updated 21 May, 2024 09:02am

FY23-27: Nepra clears ‘PAP’ submitted by Discos

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has approved combined Power Acquisition Programme...

Updated 21 May, 2024 09:22am

Business & Finance

Turkiye agrees to enhance cooperation in multiple areas

ISLAMABAD: Pakistan and Turkiye on Monday agreed to further enhance cooperation in multiple areas by setting a new...

Updated 21 May, 2024 08:59am

Israeli official denies involvement in crash: Iranian President Raisi killed in helicopter crash

DUBAI: Iranian President Ebrahim Raisi, a hardliner seen as a potential successor to Supreme Leader Ayatollah Ali...

Updated 21 May, 2024 08:59am

IMF projects FY25 defence budget at Rs2.152trn

IMF estimates allocation as 1.72 percent of Gross Domestic Product

Updated 21 May, 2024 10:14am

Federal Budget on June 7th

ISLAMABAD: The federal government will present the budget for the next financial year 2024-25 in the National...

Updated 21 May, 2024 10:58am

PM directs MoF to clear all DLTL claims

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Ministry of Finance (MoF) to liquidate verified exporters...

Updated 21 May, 2024 09:25am

CPPA-G seeks adjustment in Discos’ tariffs for April

ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) has sought positive adjustment of Rs 3.50 per...

Updated 21 May, 2024 09:22am

Business & Finance

Improvements in economic landscape: Aurangzeb briefs Italian envoy

ISLAMABAD: Ambassador of Italy to Pakistan Marilina Armellin called on Minister for Finance and Revenue Senator...

Published 21 May, 2024 03:39am

Business & Finance

Gillani for consolidating bilateral ties with Malaysia

ISLAMABAD: Acting President Syed Yousuf Raza Gillani has called for further consolidating bilateral ties with...

Published 21 May, 2024 03:39am

Business & Finance

Mari Gas Field: Fertilizer industry enjoys govt support

ISLAMABAD: The country’s fertilizer industry has government support for allocation and utilization of Mari Gas Field...

Published 21 May, 2024 03:39am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 21	278.50
USD PKR Interbank Buying / May 21	278.30
USD to Japanese Yen / May 21	156.44
USD to Swiss Franc / May 21	0.91
Pound Sterling to USD / May 21	1.27
Euro to USD / May 21	1.09

Stock	Volume
S&P 500 / May 20	5308.13
Nasdaq / May 20	16794.88
Dow Jones / May 20	39806.77
India Sensex / May 21	73830.29
Tokyo Nikkei / May 21	39037.68
Hang Seng / May 21	19234.33
FTSE 100 / May 21	8383.95
Germany DAX 30 / May 21	18702.87

Item	Value
Gold 10 Grams PKR / May 20	214678
Petrol/Litre / May 21	273.10
Crude Oil USD/Barrel / May 21	79.32
Karachi Cotton PKR/37.32 KG / May 21	19935
Gold Spot USD/Ounce / May 21	2414
Diesel/Litre / May 21	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 21 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 21 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 21 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 21 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 21 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 21 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 21 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 21 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 21 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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