Latest - Business Recorder

Markets

India's IIFL Finance raises $300 million via social debt issue, bankers say

The non-banking finance company will offer a yield of 7.75% to investors, slightly below the initial price guidance at about 7.85%

Published 03 Jul, 2026 08:30pm

Markets

Five charts that explain the energy world right now

China seems to have taken the concept to heart, especially when it comes to energy production and the power needed to run its massive economy

Published 03 Jul, 2026 08:29pm

World

India's Modi to visit Indonesia, Australia and New Zealand next week

Modi is also expected to meet leaders from top Australian companies

Published 03 Jul, 2026 08:15pm

Markets

India coal-fired power output in June rises to highest since November 2023

Coal-fired power generation rose about 14% year-on-year to 120.20 billion kWh in June

Published 03 Jul, 2026 08:05pm

World

How does the Iran crisis compare with the 1979 oil shock?

The scale of the disruption from the U.S.-Israeli war on Iran has revived comparisons with the 1973 Arab oil embargo

Published 03 Jul, 2026 08:02pm

Business & Finance

India allows four Chinese-linked power equipment firms to bid for government projects

India examines broader relaxations for Chinese bidders in government contracts as border tensions ease

Published 03 Jul, 2026 08:02pm

Life & Style

Madonna releases 15th studio album 'Confessions II'

The singer reunites with Stuart Price, the co-producer and co-writer of its predecessor, for the 16-track dance-pop album

Published 03 Jul, 2026 07:54pm

Markets

TSX climbs 1% as miners gain, US rate-hike bets ease

Toronto Stock Exchange’s S&P/TSX composite index was up 1% at 35,333.96 points

Published 03 Jul, 2026 07:49pm

Markets

Robusta coffee heads for fourth week of gains on supply worries

Robusta coffee fell 1.4% to $3,731 a metric ton

Published 03 Jul, 2026 07:32pm

Markets

India's ICICI Bank to join peers in dollar debt funding under RBI swap window, sources say

The lender is expected to raise at least $500 million through a likely five-year bond issue

Published 03 Jul, 2026 07:30pm

Markets

Iran exploring oil sales to Japan, buyers seek longer sanctions waiver, sources

The US Treasury Department’s current sanctions waiver allows the sale of crude oil and petrochemical and petroleum products

Published 03 Jul, 2026 07:18pm

Sports

Germany to start talks with Klopp after parting ways with Nagelsmann, says DFB

The DFB board said it would start talks with Klopp, long seen as the ideal choice to succeed Nagelsmann

Published 03 Jul, 2026 07:11pm

World

India insurance regulator plans overhaul of commission rules to curb mis-selling, sources say

IRDAI aims to reduce high distribution costs in one of the world’s fastest-growing insurance markets

Published 03 Jul, 2026 07:01pm

Technology

World's biggest domain seller GoDaddy fears India's fake site crackdown could damage internet

Soaring smartphone and internet use has coincided with a worsening problem of online fraud in India, the world’s most populous nation

Published 03 Jul, 2026 06:58pm

Pakistan

Interior minister Naqvi meets Acting Makkah Governor, vows stronger Pakistan-Saudi ties

Naqvi says Pakistan values its historic and brotherly relationship with the Kingdom

Updated 03 Jul, 2026 07:48pm

Business & Finance

HBL to Chair SCO IBC 2027

The Annual Council Meeting of the Shanghai Cooperation Organization Interbank Consortium (SCO IBC) was held on 2...

Published 03 Jul, 2026 06:49pm

World

India police arrest one for alleged child abuse at Capgemini daycare campus

Children are subjected to physical and mental abuse at the daycare centre in Bengaluru

Published 03 Jul, 2026 06:40pm

Markets

Sri Lankan shares fall for fourth straight session, post weekly loss

CSE All Share index settled down 0.19% at 22,178.73

Published 03 Jul, 2026 06:18pm

Markets

UAE markets end higher; IHC gains on India aluminium venture

Abu Dhabi’s benchmark index settled 0.9% higher

Published 03 Jul, 2026 06:16pm

Markets

Indian rupee falls on-week as merchant, NDF-linked flows blunt dollar retreat

Indian rupee declined nearly 1% on the week to close at 95.21 per dollar

Published 03 Jul, 2026 06:15pm

Markets

India bonds rise for sixth straight week as foreign flows continue

Benchmark 6.94% 2036 bond yield ended at 6.7108%

Published 03 Jul, 2026 06:01pm

Business & Finance

Ebbing Middle East risk premium keeps aluminium under pressure

Benchmark three-month aluminium on the London Metal Exchange was down 0.1% at $3,088 a metric ton

Published 03 Jul, 2026 06:00pm

Markets

Palm oil slips to near 3-week low, logs second weekly loss

Dalian’s most-active soyoil contract fell 0.43%

Published 03 Jul, 2026 05:55pm

Markets

India seeks to quell public backlash on ethanol-mixed fuel after 'experiment' remark

This does little to quell public anger, with opponents of the policy accusing the government of rushing its rollout

Published 03 Jul, 2026 05:38pm

Technology

AI hiring outpaces overall IT recruitment in India, report shows

The sector's AI hiring rises 16% year-on-year in June

Published 03 Jul, 2026 05:31pm

Business & Finance

US court turns down request to extend injunctive relief against Zia Chishti

TRG Pakistan stated on Friday that a US federal court had refused to extend an order preventing former CEO Zia...

Published 03 Jul, 2026 05:06pm

Markets

Rupee registers marginal gain against US dollar

Settles at 278.12

Updated 03 Jul, 2026 08:37pm

Pakistan

PM Shehbaz orders to ban substandard syringes

PM Shehbaz Sharif bans substandard syringes nationwide to immediately prevent infectious diseases and safeguard public health.

Published 03 Jul, 2026 03:17pm

Business & Finance

Pakistan, Türkiye agree to enhance maritime, transport cooperation

Pakistan and Türkiye have agreed to strengthen bilateral cooperation in the maritime and transport sectors,...

Published 03 Jul, 2026 02:33pm

Business & Finance

Pakistan's GDP growth for FY26 to remain above govt estimate, says SBP chief

Workers' remittances estimated to hit above $41.5bn

Updated 03 Jul, 2026 06:21pm

Life & Style

Princess Kate watches British hopeful Fery fly the flag at Wimbledon

In a courtside interview, a delighted Fery said he might have felt more nervous had he realised royalty was in the house

Published 03 Jul, 2026 01:57pm

Life & Style

Taylor Swift and Travis Kelce married ahead of NY celebration, report says

Swift’s publicist did not immediately respond to a request for comment, and Reuters could not confirm the Page Six report

Published 03 Jul, 2026 01:52pm

Sports

Improving Spain outclass Austria 3-0 to ease into World Cup last 16

While Spain’s attack, especially teenage forward Lamine Yamal, gets most of the attention, their defence continues to excel

Published 03 Jul, 2026 01:45pm

Markets

Australian shares log best week in 3 as Fed-hike bets cool; banks, miners lead

The S&P/ASX 200 index closed 1.4% higher at 8,844.40 points

Published 03 Jul, 2026 01:42pm

Markets

Thai baht/US dollar steady on Friday

The baht was 0.05% lower at 33.18 versus the dollar, after trading in a range of 33.130 to 33.260

Published 03 Jul, 2026 01:36pm

World

At least 3,700 excess deaths reported during heatwave in France, Belgium and Netherlands

The extreme heat was almost certainly driven by climate change, scientists said

Published 03 Jul, 2026 01:34pm

Markets

Europe's STOXX 600 set for best week in over a month as rally broadens

Germany’s DAX index also notched an all-time high and was up 0.5%

Published 03 Jul, 2026 01:30pm

Markets

Gold price per tola gains Rs12,200 in Pakistan

Price of silver increases by Rs319 to reach Rs6,764 per tola

Updated 03 Jul, 2026 07:43pm

Pakistan

PM Shehbaz, CDF Munir attend funeral ceremony of late Iranian supreme leader

After attending ceremony, prime minister departs for Istanbul

Updated 03 Jul, 2026 05:38pm

Pakistan

40 killed, eight injured as passenger bus plunges into ravine in Balochistan

“Brake failure” likely caused the accident; rescue efforts underway

Published 03 Jul, 2026 12:44pm

Markets

Vietnam Q2 GDP growth accelerates to 8.39% on year

The Southeast Asian manufacturing hub is targeting economic growth of more than 10% this year

Published 03 Jul, 2026 12:34pm

Sports

Croatia coach Dalic slams 'bad refereeing' in 2-1 loss to Portugal

Croatia finished runners-up in 2018 and third in 2022 but will leave without a medal this time around

Published 03 Jul, 2026 12:33pm

Markets

Moody's places South32 on review for ratings downgrade after Alcoa deal

The divestment would materially reduce the company’s scale, commodity diversification and operating footprint

Published 03 Jul, 2026 12:30pm

Pakistan

Internet services across Pakistan restored, says PTA

SEA-ME-WE 5 cable system "fully operational"

Published 03 Jul, 2026 12:24pm

World

Japan finance minister repeats readiness to respond on yen

Katayama said on Friday the government will respond appropriately on currency movements

Published 03 Jul, 2026 12:17pm

Markets

Thai exports seen up 8% to 10% this year, shippers' group says

In the first five months of 2026, exports, a key driver of Thailand’s growth, rose 17% year-on-year

Published 03 Jul, 2026 12:10pm

Markets

India issues notice to Telegram, Signal on concerns over usernames, source says

The notice comes after the government also directed Meta’s WhatsApp to stop the phased rollout of its username feature in India

Published 03 Jul, 2026 12:08pm

Sports

Portugal manager Martinez praises referee after World Cup win over Croatia

Goncalo Ramos then netted a stoppage-time header to put Portugal in front

Published 03 Jul, 2026 12:01pm

Sports

Norway shirts in short supply at home ahead of World Cup clash with Brazil

With elite striker Haaland leading the line, there is also a huge demand from outside the country

Published 03 Jul, 2026 11:59am

Markets

Julius Baer appoints Peter Burrill as CFO

The bank said in April that it was replacing CFO Evie Kostakis

Published 03 Jul, 2026 11:48am

World

South Korea's president to attend NATO summit in Ankara and visit Mongolia

Lee aims to build defence industry cooperation between South Korea and NATO member countries, Wi Sung-lac told a press briefing

Published 03 Jul, 2026 11:46am

Sports

Switzerland blank Algeria, reach round of 16 for 4th straight World Cup

Switzerland will face either Colombia or Ghana on Tuesday in Vancouver

Published 03 Jul, 2026 11:42am

Markets

UAE non-oil sector growth slumps to five-year low as firms shed staff, PMI shows

Export orders shrank for a third consecutive month, the longest losing streak since 2016

Published 03 Jul, 2026 11:38am

World

Russian attacks kill 4, injure 10 in Ukraine overnight, officials say

Four people were killed and another 10 injured in Russian overnight attacks on Ukraine

Published 03 Jul, 2026 11:35am

Markets

Aluminium prices gain on weaker dollar, softer US rate hike bets

The most-traded aluminium contract on the Shanghai Futures Exchange climbed 1.18% to 22,755 yuan ($3,355.60) a ton

Published 03 Jul, 2026 11:33am

Markets

South Korea shares rebound but set for second weekly loss

The benchmark KOSPI was up 327.43 points, or 4.28%, at 7,975.52

Published 03 Jul, 2026 11:32am

Markets

China's yuan inches higher, set for first weekly gain in three weeks

Spot yuan is allowed to trade 2% on either side of the fixed midpoint each day

Published 03 Jul, 2026 11:30am

Markets

Aussie, kiwi set to snap losing streak as soft US jobs dent dollar

The Aussie edged up 0.1% to $0.6932, having climbed 0.4% overnight to as high as $0.6943

Published 03 Jul, 2026 11:29am

Markets

China stocks rebound after selloff; Hong Kong extends gains on Fed rate outlook

In Hong Kong, the Hang Seng Index advanced 1.6%, while the city’s tech shares jumped 2%

Published 03 Jul, 2026 11:27am

Markets

Palm opens lower, on track for second weekly loss

Palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was down 14 ringgit, or 0.31%, at 4,492 ringgit ($1,106.40) a metric ton

Published 03 Jul, 2026 11:21am

Markets

Japan's Nikkei heads for weekly loss as tech valuation concerns weigh; Topix rises

The broader Topix climbed 0.91% to 4,051.48

Published 03 Jul, 2026 11:10am

Business & Finance

Pakistan registers record 43,559 new companies in FY2025–26

Marks a 24% increase

Published 03 Jul, 2026 11:02am

Business & Finance

Pakistan turns FIFA World Cup into export promotion platform

Pakistan is using the FIFA World Cup 2026 to highlight its premium football manufacturing, projecting industrial strength and a soft image to secure new export opportunities

Published 03 Jul, 2026 10:24am

Markets

Buying continues at bourse, KSE-100 settles with nearly 900-point gain

Benchmark index settles at 185,372.20

Updated 03 Jul, 2026 06:21pm

Sports

Portugal survive late drama to beat Croatia and reach World Cup last 16

The goal for Ronaldo, who was taken out of the game by coach Roberto Martinez in the 81st minute

Published 03 Jul, 2026 08:06am

World

Indian PM Modi to make first official visit to New Zealand next week

Modi ⁠will arrive in Auckland on July 10, ⁠departing a day later

Published 03 Jul, 2026 07:57am

Markets

Indian rupee eyes reprieve as lukewarm jobs report pushes back Fed hike wagers

The currency is expected to open in the 95.12-95.16 range, per traders, having settled at 95.3925 on Thursday

Published 03 Jul, 2026 07:54am

Markets

BHP to transfer Arizona property to Canada's Faraday Copper for 30% stake

After the completion ⁠of the deal, BHP would receive shareholder and offtake rights alongside its stake in Faraday, according to a statement on Thursday

Published 03 Jul, 2026 07:50am

Markets

Asian markets choppy as US jobs data douse Fed rate hike bets

MSCI's broadest index of Asia-Pacific shares outside Japan fluctuated between gains and losses, edging up 0.1% after two consecutive days of declines

Published 03 Jul, 2026 07:47am

Markets

Gold heads for first weekly rise in five on easing Fed rate hike bets

Spot gold was up 0.5% to $4,144.83 per ounce

Published 03 Jul, 2026 07:43am

Markets

Indian shares to open higher on easing Fed rate-hike bets

GIFT Nifty futures were at 24,414

Published 03 Jul, 2026 07:38am

Markets

Dollar heads for weekly drop as jobs data dims Fed hike bets

The dollar index , which measures the greenback against a ⁠basket of currencies including the yen and the euro, was 0.2% lower at 100.77 after a 0.5% decline on Thursday

Published 03 Jul, 2026 07:36am

Markets

Oil prices stable as US-Iran peace efforts hold

Brent futures were down 4 cents, or 0.06%, at $71.76 a barrel

Updated 03 Jul, 2026 06:12pm

Pakistan

Six killed, 19 injured in rain, flash floods

PESHAWAR: At least six people, including three children and a woman, were killed and 19 others injured in separate...

Published 03 Jul, 2026 07:30am

Business & Finance

Foreign investors: Punjab govt extending excellent opportunities: CM

LAHORE: Chief Minister Maryam Nawaz Sharif said the Punjab government was providing excellent opportunities for...

Published 03 Jul, 2026 07:29am

Pakistan

PTI will boycott elections in AJK

ISLAMABAD: The embattled Pakistan Tehreek-e-Insaf (PTI) on Thursday announced it will boycott the forthcoming...

Published 03 Jul, 2026 07:27am

Pakistan

PTI blames govt for Lahore tragedy

LAHORE: Pakistan Tehreek-e-Insaf (PTI) General Secretary Salman Akram Raja, alongside city president Mian Usman...

Published 03 Jul, 2026 07:24am

Business & Finance

PRA records highest tax collection

LAHORE: The Punjab Revenue Authority (PRA) has recorded the highest tax collection in its history, gathering more...

Published 03 Jul, 2026 07:22am

Pakistan

PPP concerned over hike in Climate Support Levy

ISLAMABAD: Pakistan People’s Party (PPP) Vice President Senator Sherry Rehman expressed serious concerns over the...

Published 03 Jul, 2026 07:22am

Business & Finance

Agriculture policy: PM urged to adopt farmer-led reforms

LAHORE: Agriculture Republic, a think tank working on agricultural policy and reforms, has welcomed Prime Minister...

Published 03 Jul, 2026 07:20am

Pakistan

PIA launches Lahore-to-Manchester direct flight

LAHORE: Pakistan International Airlines (PIA) has launched its direct flight between Lahore and Manchester on...

Published 03 Jul, 2026 07:17am

Pakistan

Federal capital: PAC dissatisfied over state of public education

ISLAMABAD: The Public Accounts Committee (PAC), chaired by Acting Chairman Syed Naveed Qamar, on Thursday expressed...

Published 03 Jul, 2026 07:17am

Business & Finance

Nadeem Khan appointed CEO PTCL

ISLAMABAD: The Board of Directors of Pakistan Telecommunication Company Limited (PTCL) Thursday announced a major...

Published 03 Jul, 2026 07:12am

Pakistan

N-75 to be extended by 70km to reach Muzaffarabad: Aleem

ISLAMABAD: Federal Minister for Communications Abdul Aleem Khan has said that Murree Expressway (N-75) will be...

Published 03 Jul, 2026 07:11am

Pakistan

Money laundering threatens economic stability: NAB chief

ISLAMABAD: National Accountability Bureau (NAB) Chairman Lt-Gen Nazir Ahmed (Retd) on Thursday termed money...

Published 03 Jul, 2026 07:09am

Business & Finance

FY2025-26: KPRA records 20pc growth in STS collection

PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) recorded a 20 percent growth in Sales Tax on Services (STS)...

Published 03 Jul, 2026 07:06am

Pakistan

KP raises concerns over tax imposition in erstwhile FATA/PATA

PESHAWAR: Chief Minister Khyber Pakhtunkhwa, Muhammad Sohail Afridi, held a meeting with a delegation comprising...

Published 03 Jul, 2026 07:05am

Business & Finance

Not materialised under CPEC: Govt negotiates with ADB for ML-1 project financing

ISLAMABAD: Secretary of the Economic Affairs Division (EAD), Muhammad Humair Karim, has said that Mainline-1 railway...

Published 03 Jul, 2026 07:03am

Business & Finance

Govt approves Rs1bn to support Global Accelerator on Jobs, Social Protection

ISLAMABAD: The government has approved an allocation of PKR 1 billion (USD 3.6 million) to support the Global...

Published 03 Jul, 2026 06:59am

Pakistan

Dar talks to KSA FM on phone

ISLAMABAD: Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Mohammad Ishaq Dar on Thursday held a...

Published 03 Jul, 2026 06:53am

Business & Finance

Women entrepreneurs: Aurangzeb vows to create conducive environment

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Thursday held a meeting with a...

Published 03 Jul, 2026 06:51am

Business & Finance

AMEPA opposes live animal export policy

LAHORE: Pakistan should refrain from allowing the export of live animals and focus on expanding value-added Halal...

Published 03 Jul, 2026 06:50am

Pakistan

‘China’s development experience offers important lessons for Pakistan’

ISLAMABAD: The China-Pakistan Study Centre (CPSC) at the Institute of Strategic Studies Islamabad (ISSI), in...

Published 03 Jul, 2026 06:46am

Business & Finance

India, UAE groups ink pact for Indian aluminium project

MUMBAI: India’s Adani Group and Abu Dhabi’s International Holding Company are looking to invest USD 11.5 billion in...

Published 03 Jul, 2026 06:44am

Business & Finance

Chinese co ready to invest in energy value chain

ISLAMABAD: Federal Minister for Petroleum, Ali Pervaiz Malik, on Thursday held a meeting with Hou Jianxin, Chairman...

Published 03 Jul, 2026 06:41am

Pakistan

FO says putting IWT in abeyance violation of world laws

ISLAMABAD: Foreign Office spokesperson Tahir Andrabi has rejected any attempt to invoke baseless allegations of...

Published 03 Jul, 2026 06:38am

Business & Finance

Indian rupee drifts lower

MUMBAI: The Indian rupee declined for the fourth consecutive session against the dollar on Thursday as market flows...

Published 03 Jul, 2026 06:32am

World

Russian strikes kill 25 in biggest ever attack on Kyiv

KYIV: Russia launched hundreds of drones and dozens of missiles at Ukraine’s capital Kyiv in the early hours of...

Published 03 Jul, 2026 05:42am

BR Research

OMC sales: flat year, weak finish

Pakistan’s oil marketing companies closed FY26 with a story that looks stable on the surface but weaker underneath....

Updated 03 Jul, 2026 07:46am

BR Research

Feroz1888 Mills Limited: performance and outlook

Feroz1888 Mills Limited (PSX: FML) was incorporated in Pakistan as a public limited company in 1972. The company is...

Updated 03 Jul, 2026 07:51am

Editorials

Dilution of monetary policy

EDITORIAL: A webinar titled ‘Managing Stability During Uncertain Times: Role of Monetary Policy in Pakistan’...

Published 03 Jul, 2026 05:13am

Editorials

A tragedy of negligence

EDITORIAL: The collapse of the roof of a private tuition centre in Lahore’s Kahna area, which claimed the lives of...

Published 03 Jul, 2026 05:13am

Editorials

FBR: Barely exceeding twice-reduced target

EDITORIAL: The Federal Board of Revenue (FBR) collected 12.957 trillion rupees last fiscal year (1 July 2025 to 30...

Published 02 Jul, 2026 05:45am

Editorials

No refuge for terror

EDITORIAL: Cross-border terrorism cannot become an accepted feature of Pakistan’s security environment. The latest...

Published 02 Jul, 2026 05:45am

Editorials

The local govt void

EDITORIAL: Pakistan’s democratic evolution is in many ways the story of its failure to truly devolve power, which...

Published 01 Jul, 2026 05:57am

Editorials

Rights of way, rights at risk

EDITORIAL: The government’s ambition to accelerate digital connectivity and expand telecommunications infrastructure...

Published 01 Jul, 2026 05:57am

Editorials

The ‘missing’ economic update, outlook

EDITORIAL: The Finance Division has yet to upload its May 2026 Economic Update and Outlook, a document that would...

Updated 30 Jun, 2026 06:25am

Editorials

Treaties, when convenient

EDITORIAL: A treaty that survives wars, crises and decades of political hostility only to be set aside unilaterally...

Updated 30 Jun, 2026 06:26am

Editorials

The cost of administered pricing

EDITORIAL: With international oil prices retreating after the reopening of the Strait of Hormuz, the government’s...

Published 29 Jun, 2026 02:36am

Editorials

Waste-to-energy projects: better late than never

EDITORIAL: It’s encouraging that Pakistan has finally moved to develop a comprehensive national policy for...

Updated 30 Jun, 2026 04:23pm

Editorials

The cost of impunity

EDITORIAL: The unusually apologetic tone adopted by senior Punjab Police and Crime Control Department (CCD)...

Published 28 Jun, 2026 05:03am

Editorials

The anaemia challenge

EDITORIAL: The findings of the WOMAN-2 study, presented in the report “The Missing Evidence: Anaemia, Postpartum...

Published 28 Jun, 2026 05:03am

Editorials

HIV: Time to act

EDITORIAL: The concerns raised at the recent community dialogue in Karachi over the growing number of HIV infections...

Updated 26 Jun, 2026 06:20am

Editorials

Women’s inheritance rights

EDITORIAL: The landmark ruling by the Federal Constitutional Court (FCC) on women’s inheritance rights is a timely...

Updated 26 Jun, 2026 06:23am

Editorials

Finance Act 2026

EDITORIAL: The Finance Bill 2026 was passed by the National Assembly with 35 amendments, including extending sales...

Updated 25 Jun, 2026 06:53am

Editorials

Borrowing prosperity

EDITORIAL: Pakistan’s central government debt rose by Rs1.4 trillion in April alone, pushing the total debt stock to...

Updated 25 Jun, 2026 06:54am

Editorials

Population ‘bomb’

EDITORIAL: Pakistan’s annual population growth rate is estimated at 2.55 percent which implies the addition of...

Published 24 Jun, 2026 05:52am

Editorials

Open for exits

EDITORIAL: An economy that loses more foreign exchange through profit repatriation than it gains through foreign...

Published 24 Jun, 2026 05:52am

Editorials

KP Budget

EDITORIAL: Khyber Pakhtunkhwa (KPK) budget for 2026-27 presented by Chief Minister Sohail Afridi unveiled a total...

Published 23 Jun, 2026 05:27am

Editorials

Balochistan Budget

EDITORIAL: Balochistan’s latest budget arrives wrapped in the language of fiscal discipline, development and prudent...

Published 23 Jun, 2026 05:27am

Editorials

NFC Award: a system under strain

EDITORIAL: A recent media report has highlighted a view gaining traction within policymaking circles that the NFC...

Updated 22 Jun, 2026 08:43am

Editorials

Policing and the inviolability of the home

EDITORIAL: The recent judgment of the Peshawar High Court is a timely reminder that constitutional rights cannot be...

Updated 22 Jun, 2026 08:43am

Editorials

A crisis decades in the making

EDITORIAL: Few national failures have been forecast as accurately and ignored as consistently as Pakistan’s water...

Published 21 Jun, 2026 02:30am

Editorials

A preventable tragedy

EDITORIAL: The horrific loss of at least 10 lives, including five children, in a fiery crash on the Islamabad-Murree...

Published 21 Jun, 2026 02:30am

Editorials

US-Iran breakthrough

EDITORIAL: With President Donald Trump and his Iranian counterpart Masoud Pezeshkian finally signing the Islamabad...

Updated 20 Jun, 2026 05:39am

Editorials

Health spending: the cost of neglect

EDITORIAL: The latest Pakistan Economic Survey 2025-26 presents a disturbing picture of the country’s public health...

Updated 20 Jun, 2026 05:42am

Editorials

Why the secrecy

EDITORIAL: The government is hush-hush about the quantum of tax relief offered and new taxes imposed in the recently...

Published 20 Jun, 2026 04:57am

Editorials

Sindh Budget

EDITORIAL: Sindh presented a 3,525 billion-rupee budget with the major reliance for revenue remaining on federal...

Updated 19 Jun, 2026 02:56pm

Editorials

Pakistan’s savings crisis

EDITORIAL: One of the more underappreciated aspects of Pakistan’s economic malaise has been the alarming collapse in...

Updated 19 Jun, 2026 06:24am

Editorials

Punjab Budget

EDITORIAL: The Punjab budget envisages total revenue of 1209 billion rupees from own resources (only 749 billion...

Published 18 Jun, 2026 05:37am

Editorials

Beyond symbolic sanctions

EDITORIAL: France’s decision to ban Israeli Finance Minister Bezalel Smotrich from entering the country, in...

Updated 18 Jun, 2026 05:59am

Editorials

Maintaining the policy rate

EDITORIAL: The Monetary Policy Committee met on the previously scheduled date – 15 June – and decided to keep the...

Published 17 Jun, 2026 05:36am

Editorials

From oil shock to hunger crisis

EDITORIAL: The United Nations is now warning that a global hunger crisis feared at the outset of the Middle East...

Published 17 Jun, 2026 05:36am

Editorials

Fiscal fault lines could test budget outlook

EDITORIAL: While the FY2026-27 budget has been framed as a pro-growth package aimed at reviving economic activity...

Published 16 Jun, 2026 04:12am

Editorials

A nation failing its children

EDITORIAL: The scale of Pakistan’s child labour crisis came into sharp focus at the International Labour...

Published 16 Jun, 2026 04:12am

Editorials

Policy contradictions stall progress

EDITORIAL: One of the more damaging flaws of governance in Pakistan today is the disconnect between what...

Published 15 Jun, 2026 02:32am

Editorials

The price of delay

EDITORIAL: Billions of rupees worth of foreign-funded development projects are once again facing delays, not because...

Published 15 Jun, 2026 02:32am

Editorials

Too important to trust locally?

EDITORIAL: Pakistan’s long-term development challenge is no mystery. Child malnutrition, stunting, poor educational...

Published 14 Jun, 2026 05:20am

Editorials

Forest fires: A growing environmental emergency

EDITORIAL: The devastating forest fire that recently swept through the Kotli Sattian area of Murree district in...

Updated 14 Jun, 2026 07:00am

Editorials

The Budget

EDITORIAL: The federal finance minister, Senator Muhammad Aurangzeb, presented yesterday the third budget of the...

Updated 13 Jun, 2026 06:44am

Editorials

Jul-Mar: growth poor, but still not too bad?

EDITORIAL: The 3.7 percent growth for 2025-26 in the Economic Survey, limited to nine months of data (July-March),...

Published 12 Jun, 2026 06:08am

Editorials

Breaking the cycle of acid attacks

EDITORIAL: The horrific acid attack on a young female doctor at a government hospital in Quetta has once again...

Published 12 Jun, 2026 06:08am

Editorials

The high cost of easy revenues

EDITORIAL: Pakistan is simultaneously running tight fiscal and monetary policies through primary fiscal surpluses...

Published 11 Jun, 2026 05:06am

Editorials

Budget: getting close to plugging the gap

EDITORIAL: Credible though still unconfirmed reports suggest that the two major coalition partners - the Pakistan...

Updated 11 Jun, 2026 06:52am

Editorials

Budget delayed, budget denied?

EDITORIAL: While technically there is no delay in the presentation of the budget to parliament, with 16 June the...

Published 10 Jun, 2026 05:53am

Editorials

A fragile truce

EDITORIAL: The uneasy calm that followed the Iran-US truce agreed in April, and included a halt to hostilities in...

Published 10 Jun, 2026 05:53am

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

Currency	Rate
USD PKR Interbank Selling / Jul 2	278.35
USD PKR Interbank Buying / Jul 2	278.15
USD to Japanese Yen / Jul 3	160.90
USD to Swiss Franc / Jul 3	0.80
Pound Sterling to USD / Jul 3	1.34
Euro to USD / Jul 3	1.14
SOFR % / Jul 2	3.62

Stock	Volume
S&P 500 / Jul 2	7,483.24
Nasdaq / Jul 2	25,832.67
Dow Jones / Jul 2	52,900.07
India Sensex / Jul 3	77,938.16
Tokyo Nikkei / Jul 3	69,243.68
Hang Seng / Jul 3	23,310.80
FTSE 100 / Jul 3	10,626.33
Germany DAX 30 / Jul 3	25,697.86
France CAC40 / Jul 3	8,469.11

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 2	17,780
Gold 10 Grams PKR / Jul 2	367,572
Petrol/Litre / Jul 3	299.50
Crude Oil USD/Barrel / Jul 3	68.61
Gold Spot USD/Ounce / Jul 3	4,177.15
Diesel/Litre / Jul 3	311.47
Cotton US¢/pound / Jul 3	77.12

Stock	Price
Dewan Sugar / Jul 3 Dewan Sugar Mills Limited(DWSM)	8.02 ▲ 1 (14.25%)
Ansari Sug. / Jul 3 Ansari Sugar Mills Limited(ANSM)	31.30 ▲ 2.85 (10.02%)
Dewan Farooque Sp. / Jul 3 Dewan Farooque Spinning Mills Limited(DFSM)	29.88 ▲ 2.72 (10.01%)
Quantum Data Tech. / Jul 3 Quantum Data Technologies Limited(QTECH)	51.87 ▲ 4.72 (10.01%)
Tri-Star Power / Jul 3 Tri-Star Power Limited(TSPL)	16.49 ▲ 1.5 (10.01%)
Mughal Energy / Jul 3 Mughal Energy Limited(GEM)(GEMMEL)	24.73 ▲ 2.25 (10.01%)
ARM Green Industries / Jul 3 ARM Green Industries Limited(ARMG)	64.13 ▲ 5.83 (10%)
Fateh Ind. / Jul 3 Fateh Industries Limited(FIL)	293.11 ▲ 26.65 (10%)
Frontier Ceramics / Jul 3 Frontier Ceramics Limited(FRCL)	104.69 ▲ 9.52 (10%)
Fateh Sports / Jul 3 Fateh Sports Wear Limited(FSWL)	179.23 ▲ 16.29 (10%)

Stock	Price
First Fid. Leasing / Jul 3 First Fidelity Leasing Modaraba(FFLM)	24.03 ▼ -2.67 (-10%)
Chashma / Jul 3 Chashma Sugar Mills Limited(CHAS)	132.02 ▼ -14.43 (-9.85%)
Nadeem Tex. / Jul 3 Nadeem Textile Mills Limited(NATM)	77 ▼ -7.49 (-8.86%)
UBLPakistanETF / Jul 3 UBLPakistan Enterprise ETF(UBLPETF)	30.78 ▼ -2.69 (-8.04%)
Mughal Iron & Steel(C) / Jul 3 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	60 ▼ -5 (-7.69%)
Ellcot Spinning / Jul 3 Ellcot Spinning Mills Limited(ELSM)	115.50 ▼ -9.5 (-7.6%)
Shams Textile / Jul 3 Shams Textile Mills Limited(STML)	42.51 ▼ -3.49 (-7.59%)
Javedan Corp.(Pref) / Jul 3 Javedan Corp.(Pref)(JVDCPS)	63.05 ▼ -4.81 (-7.09%)
Aisha Steel (CPS) / Jul 3 Aisha Steel Mills Limited (CPS)(ASLCPS)	67.06 ▼ -4.87 (-6.77%)
First Imrooz Mod. / Jul 3 First Imrooz Modaraba(FIMM)	220 ▼ -14.17 (-6.05%)

Stock	Volume
TPL REIT Fund I / Jul 3 TPL REIT Fund I(TPLRF1)	72,926,913 ▼ -0.17
TPL Corp Ltd / Jul 3 TPL Corp Limited(TPL)	48,189,972 ▼ -0.71
TPL Properties / Jul 3 TPL Properties Limited(TPLP)	34,206,131 ▲ 0.37
Ghani Chem. Ind. / Jul 3 Ghani Chemical Industries Limited(GCIL)	27,374,207 ▲ 2.43
Secure Logistics-Trax Group / Jul 3 Secure Logistics-Trax Group Limited(SLGL)	26,622,164 ▲ 0.29
F. Nat.Equities / Jul 3 First National Equities Limited(FNEL)	24,962,056 ▲ 0
Trust Sec.& Brok. / Jul 3 Trust Securities & Brokerage Limited(TSBL)	21,835,437 ▲ 0.12
Lotte Chemical / Jul 3 Lotte Chemical Pakistan Limited(LOTCHEM)	21,016,185 ▲ 0.99
Pak Reinsurance / Jul 3 Pakistan Reinsurance Company Limited(PAKRI)	18,964,300 ▲ 0.39
P.T.C.L. / Jul 3 Pakistan Telecommunication Company Ltd(PTC)	16,636,573 ▲ 1.39

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