Latest - Business Recorder

World

Gulf oil tanker rates nearly double as Middle East producers ramp up exports

Rates for hiring a tanker outside the Strait of Hormuz have jumped to $190,500 a day

Published 23 Jun, 2026 08:38pm

Markets

Major Gulf bourses ease on investor caution, Fed rate-hike bets

Saudi Arabia’s benchmark index dropped 0.4%

Published 23 Jun, 2026 08:31pm

Sports

Serena's return puts familiar force at centre of Wimbledon

Serena Williams' return to Wimbledon, fueled by a 34-pound weight loss, has experts like Roddick confident in her powerful game

Published 23 Jun, 2026 08:23pm

Markets

IPO at PSX: Select Technologies mobilises Rs3.02bn through selling 88.88mn shares

Company's share price surges 21.43% to Rs34 from pre-opening bid price of Rs28 in two-day Dutch bidding process

Published 23 Jun, 2026 08:18pm

World

Afghanistan's Taliban delegation met with EU officials in Brussels

'The meeting raised “hope to build positive momentum to safeguard consular rights of Afghans residing abroad,' Balkhi says

Published 23 Jun, 2026 08:16pm

World

India to sell up to 2% stake in Indian Railway Finance Corp

India’s Union Budget set a divestment and asset monetisation target of 800 billion Indian rupees for fiscal year 2027

Published 23 Jun, 2026 08:09pm

Business & Finance

Indian industry lobby chief pushes for quicker dispute resolution to boost investment

India receives weak net foreign direct investment in recent years, with net inflows at $7.7 billion in the year ended March 2026

Published 23 Jun, 2026 08:05pm

Markets

Wall St tumbles on tech selloff as concerns about hawkish Fed, AI spending mount

Dow Jones Industrial Average fell 395.32 points

Published 23 Jun, 2026 08:03pm

Sports

PGA Tour announces two-tier competitive model from 2028re

Full eligibility criteria will be finalized by the PGA Tour later this year

Published 23 Jun, 2026 07:58pm

Markets

Oil slide anchors India 10-year yield at 3-month low

The yield on the benchmark 6.94% 2036 note closed at 6.8364%

Published 23 Jun, 2026 07:40pm

World

Russian attack kills three in Ukraine's Kryvyi Rih, official says

Twenty-five people are also injured in the attack by a ballistic missile

Published 23 Jun, 2026 07:30pm

Markets

WTO body agrees to examine Indian solar tariffs, official says

China says the measures are contrary to India’s commitments to the WTO and that bilateral consultations do not resolve the dispute

Published 23 Jun, 2026 07:23pm

Sports

Barcelona sign Egypt forward Abdelkarim until 2029

The Egyptian forward will join the club on a permanent basis and will sign a contract for the next three seasons

Published 23 Jun, 2026 07:15pm

Markets

India's LPG imports from US set to cross 1 million tons in June, sources say

India is on track to receive about 1.1 million to 1.2 million tons of US LPG in June

Published 23 Jun, 2026 07:12pm

Sports

Germany go for three out of three against Ecuador to keep up winning momentum

Antonio Ruediger, who replaced Schlotterbeck in that game, is likely to earn his first start of the tournament

Published 23 Jun, 2026 07:09pm

Pakistan

Pakistan's KGTL port plans up to $100mn more investment after Iran war cargo surge

Karachi Gateway Terminal Ltd, backed by Abu Dhabi Ports Group, has already completed a $60mn dredging project at Karachi Port, says CEO

Published 23 Jun, 2026 07:02pm

Markets

India's PFC becomes first non-bank lender to tap dollar debt after RBI subsidy, bankers say

The step forms part of a wider RBI push to draw in dollar inflows and bolster the Indian rupee

Published 23 Jun, 2026 06:45pm

Markets

Healthcare stocks lift Sri Lankan shares higher

CSE All-Share index settled marginally higher at 22,256.49 points

Published 23 Jun, 2026 06:27pm

Markets

Kotak Mahindra Bank has 'high ambitions' to deploy capital for growth, CEO says

The bank is looking for other opportunities in infrastructure that underpins financial markets

Published 23 Jun, 2026 06:15pm

Markets

India's RBI to allow domestic banks to extend loans against overseas FX deposits

The move is expected to boost the overall amount of FX deposits garnered via the route

Published 23 Jun, 2026 06:09pm

Life & Style

From old to new: unsold concert T-shirts repurposed for music tours

The band is the first to use blanks that UMG’s merchandising division Bravado has upcycled from more than 400,000 unsold T-shirts

Published 23 Jun, 2026 06:03pm

Sports

One dead, eight injured in stampede in Jordan as fans watched World Cup match, says News Agency

The incident occurs at Hashemite Square, where large numbers of fans gather in the capital to watch Jordan’s 2–1 defeat to Algeria

Updated 23 Jun, 2026 07:10pm

World

India 'proactively monitoring' Telegram over concerns about illegal content, government report shows

'Cyber criminals use Telegram to access closed groups/channels … (India) is proactively monitoring such Telegram groups and channels,' report says

Published 23 Jun, 2026 05:45pm

World

Trump insists Iran has agreed to nuclear inspections

Iran has denied it had begun discussions on its nuclear programme or agreed to invite International Atomic Energy Agency inspectors back to the country.

Updated 23 Jun, 2026 08:16pm

Markets

Aluminium falls to three-month low on Gulf supply prospects

Benchmark three-month aluminium on the London Metal Exchange was down 3.0% at $3,262.50 a metric ton

Published 23 Jun, 2026 05:37pm

Markets

India will monitor Chinese steel imports before deciding on further curbs, source says

Exports of finished steel in May are 0.5 million metric tons, below the average of the last six months

Published 23 Jun, 2026 05:15pm

Markets

Palm oil retreats on profit taking, weaker rivals

The most-active soyoil contract on the Dalian Commodity Exchange fell 0.27%

Published 23 Jun, 2026 05:14pm

Markets

Indian rupee slips as Fed rate expectations boost dollar, dent global stocks

Indian rupee closed at 94.7350 per dollar

Published 23 Jun, 2026 04:35pm

Markets

IT, metals drag Indian shares; weak business data, monsoon worries weigh

Nifty 50 and Sensex fell 1.16% each to 23,824.10 and 76,200.68, respectively

Published 23 Jun, 2026 04:33pm

Pakistan

Employer fined Rs1.2mn for firing woman during maternity leave

FOSPAH says order serves as a binding precedent for the private sector

Published 23 Jun, 2026 04:30pm

Markets

Canada's Fairfax buys nearly $1 billion of Indian bonds in rare move, sources say

India’s recent decision to exempt foreign investors in government bonds from capital gains tax makes the transaction viable

Published 23 Jun, 2026 04:30pm

Markets

Rupee registers gain against US dollar

Settles at 278.21 against greenback

Updated 23 Jun, 2026 07:55pm

Markets

SIFC clears way for strategic Machike-Tarru Jabba White Oil Pipeline

The Machike–Thallian–Tarru Jabba White Oil Pipeline (WOP), a strategic infrastructure project aimed at enhancing...

Published 23 Jun, 2026 03:56pm

Business & Finance

SBP releases MPC calendar for FY27, doubles press briefings

SBP has decided to publish the presentation prepared by the staff for the post-MPC analyst briefing

Published 23 Jun, 2026 03:50pm

Pakistan

Iranian President Pezeshkian welcomed with guard of honour at PM House

Visit aims to boost cooperation in trade, energy, regional stability

Updated 23 Jun, 2026 07:56pm

Business & Finance

SECP clears LSE SPAC-II IPO for listing at PSX

Offers 2 million shares to retail investors at Rs10

Published 23 Jun, 2026 02:55pm

Markets

Gold price per tola drops by Rs10,400 in Pakistan

Price of silver decreases by Rs487 to reach Rs6,664 per tola

Updated 23 Jun, 2026 07:11pm

Business & Finance

Budget 2026-27: NA passes Finance Bill 2026 amid opposition walkout

The NA session has been adjourned till 11am Wednesday

Updated 23 Jun, 2026 03:15pm

Pakistan

PM Shehbaz hails US-Iran talks as breakthrough for peace, stability

Says next 60 days to pave way for comprehensive peace agreement

Published 23 Jun, 2026 02:32pm

Markets

Mari Energies commences Shams-1 gas supply to SNGPL

Commences supply pursuant to the government’s approval

Published 23 Jun, 2026 02:02pm

Life & Style

The president will see you now: Mexico's World Cup duck meets Sheinbaum

Gomez said she is looking to make Merlin a registered trademark and that his newfound fame can help their family

Published 23 Jun, 2026 01:59pm

Business & Finance

Can Pakistan's peacekeeping role in Iran war give it an economic dividend?

Pakistan's diplomatic success in the Iran peace deal raises its global profile, creating an opportunity for economic gains, yet structural issues persist

Published 23 Jun, 2026 01:58pm

Life & Style

Prada pares back to essentials in Milan menswear show

Prada and Simons also sent down the runway translucent white shirt-jackets and trousers with visible seam construction

Published 23 Jun, 2026 01:54pm

Pakistan

Sharjeel Memon congratulates Advocate Amjad Hussain on election as CM Gilgit-Baltistan

Hails PPP's success as a reflection of public trust and dedicated efforts

Published 23 Jun, 2026 01:51pm

Markets

SpaceX leads AI-linked selloff, drags Nasdaq futures 2% lower

The yield on the short-term 2-year Treasury note slipped about 4 bps to 4.19%, after touching a four-month high on Monday

Published 23 Jun, 2026 01:36pm

Pakistan

Pakistan backs free passage through Strait of Hormuz, says DPM Dar

Israeli strikes in Lebanon nearly disrupted US-Iran talks

Updated 23 Jun, 2026 02:11pm

World

Israel targeted Gaza children resulting in genocide, UN inquiry says

Around 30% of those killed in the Gaza war were children, the report found

Published 23 Jun, 2026 01:33pm

Business & Finance

Ashura holiday: PSX, SBP to remain closed on June 25-26

The Pakistan Stock Exchange will observe a two-day closure for Ashura, aligning with federal government public holidays.

Updated 23 Jun, 2026 02:20pm

Markets

South Korean shares fall more than 4% on profit-taking

The benchmark KOSPI was down 393.46 points, or 4.32%, at 8,715.9

Published 23 Jun, 2026 12:05pm

Markets

Iron ore nears four-month low on prospects of rising supply, tepid demand

The most-traded iron ore contract on China's Dalian Commodity Exchange (DCE) fell 0.74% to 737 yuan ($108.81) a metric ton

Published 23 Jun, 2026 12:03pm

World

North Korea's Kim says country will exercise its position as nuclear state, KCNA reports

Kim also ordered the buildup of conventional weapons and accelerated construction of a 10,000-ton strategic guided missile cruiser

Published 23 Jun, 2026 12:00pm

Markets

NZ dollar hits 2-1/2-month low on hawkish Fed bets; Aussie helped

The kiwi dollar fell 0.2% to as low as $0.5702, setting it up for a fifth straight session of declines

Published 23 Jun, 2026 11:56am

Markets

Australia shares choppy in early trade, inflation and employment data in focus

The benchmark closed 0.1% lower on Monday

Published 23 Jun, 2026 11:54am

Markets

Japan's Nikkei falls after eight-session winning streak

The Nikkei fell 1% to 71,645.26 after swinging between gains and losses

Published 23 Jun, 2026 11:49am

World

Iran says technical talks with US in Switzerland have concluded

Negotiating groups to be set up on nuclear issues and sanctions

Published 23 Jun, 2026 11:36am

Markets

China's yuan hovers near two-week low as hawkish Fed bets lift dollar

The dollar strengthened as US Treasury yields climbed with interest-rate-sensitive 2-year yields touching a 16-month high

Published 23 Jun, 2026 11:30am

Sports

Haaland's double double sends Norway into World Cup last 32

A classic assist from Martin Odegaard allowed Haaland to rifle a shot into the top corner

Published 23 Jun, 2026 11:28am

Sports

Norway celebrate their return to World Cup stage in style

The victory follows a 4-1 win over Iraq in their opener and takes Norway through to the knockout stage

Published 23 Jun, 2026 11:20am

Markets

Copper falls on US rate worries

Benchmark three-month copper on the London Metal Exchange fell 0.51% to $13,580 a metric ton

Published 23 Jun, 2026 11:15am

Markets

Chicago soybeans, corn edge higher as crude oil firms

The most-active soybean contract on the Chicago Board of Trade (CBOT) was up 0.26% at $11.44-1/2 a bushel

Published 23 Jun, 2026 11:13am

Sports

Senegal in trouble but World Cup dream not dead, coach says

Senegal were expected to be strong contenders at the World Cup in North America but lost their opening Group I fixture 3-1

Published 23 Jun, 2026 11:10am

Markets

Mainland China, Hong Kong shares slip as Fed hike bets, regional weakness weigh

The benchmark Shanghai Composite index eased 0.4%, while the blue-chip CSI300 index lost 1.5%

Published 23 Jun, 2026 11:04am

Markets

Solar manufacturing group seeks US trade probe of cell imports from South Korea

Cells are the building blocks of modules, or panels, that convert sunlight into electricity

Published 23 Jun, 2026 10:59am

Markets

Japan bond yields mixed after relatively weak 5-year auction

The 5-year yield rose 0.5 basis point to 1.910%. Yields move inversely to bond prices

Published 23 Jun, 2026 10:52am

Markets

Nissan shareholders reject appointment of external director Nagai to board

Nagai is a former executive of companies within Mizuho Financial Group

Published 23 Jun, 2026 10:49am

World

Russian strikes injure six in Ukraine as fuel crisis deepens into Siberia

One woman was injured in a drone attack on Ukraine’s second-largest city of Kharkiv

Published 23 Jun, 2026 10:39am

Markets

India bonds rangebound as oil-led rally loses steam

The yield on the benchmark 6.94% 2036 note was slightly lower at 6.8378%

Published 23 Jun, 2026 10:33am

World

Marco Rubio faces tough task of selling Iran reset to wary Gulf allies

Rubio will meet them in the United Arab Emirates on Tuesday, before traveling to Kuwait and Bahrain

Published 23 Jun, 2026 10:33am

Markets

Singapore core inflation at 1.4% year-on-year in May, lower than expected

Headline inflation was 1.8% in annual terms in May, lower than the poll forecast of 2%

Published 23 Jun, 2026 10:30am

Sports

Algeria come from behind for 2-1 World Cup win over Jordan

After a long and frustrating struggle to crack open a resolute Jordanian defence

Published 23 Jun, 2026 10:16am

Markets

Selling continues at PSX, KSE-100 sheds nearly 800 points

Benchmark index settles at 177,692.92, down by 778.94 points or 0.44%

Updated 23 Jun, 2026 06:42pm

Perspectives

Corporate whitewash: how greenwashing and bluewashing undermine sustainable innovation

As Pakistan confronts climate change, economic uncertainty and increasing scrutiny from international investors,...

Published 23 Jun, 2026 10:00am

Markets

OGDCL brings Sahito-1 gas discovery into production

Says Sahito-1 is currently producing 6.0 MMSCFD of gas

Published 23 Jun, 2026 09:47am

Markets

Pakistan’s privatisation chief & Turkish Energy Minister discuss bilateral energy ties in Ankara

Boosting energy ties took centre stage as both Pakistan and Türkiye pledged to strengthen bilateral cooperation in...

Published 23 Jun, 2026 09:42am

Markets

Indian rupee to ride oil fall tailwind; Fed rate worries may cap gains

The Indian rupee is expected to open in the 94.55 to 94.60 range, according to traders, after declining 0.4% on Monday to settle at 94.6775 per dollar

Published 23 Jun, 2026 08:05am

Sports

Mbappe double sends France into knockout rounds after lengthy weather delay

Mbappe now sits on 16 all-time World Cup goals, pulling level with Germany's former record holder Miroslav Klose

Published 23 Jun, 2026 08:02am

Sports

Milestone Messi sends Argentina to World Cup knockout stage

Messi took his World Cup tally to 18 goals when he netted in ‌the 38th and 95th minutes, despite an earlier stumble from the penalty spot

Published 23 Jun, 2026 07:56am

Markets

Indian shares set to pause after oil-led rally

*GIFT ‌Nifty futures were trading at 24,130.5

Published 23 Jun, 2026 07:46am

Markets

Asia shares slip as markets reprice Fed expectations, oil gains

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.5%, while S&P 500 e-mini futures slipped 0.2%

Published 23 Jun, 2026 07:42am

Markets

Dollar firms on hawkish Fed bets, oil rebound; yen near 40-year low

*The Japanese yen last traded at 161.59 after briefly weakening ⁠to a two-year low of 161.93 late on Monday as the greenback extended broad gains

Published 23 Jun, 2026 07:35am

Markets

Oil drops $1 as investors focus on Hormuz flows after peace talks

Brent crude futures declined $1.18, or around 1.2%, to $76.72 a barrel

Updated 23 Jun, 2026 07:43pm

Markets

Gold steady as investors focus on US-Iran peace talks

Spot gold was steady ‌at $4,191.09 per ounce

Published 23 Jun, 2026 07:25am

Pakistan

Treasury members defend Punjab govt’s achievements

LAHORE: The fourth day of the budget debate in the Punjab Assembly for the fiscal year 2026–27 witnessed another...

Published 23 Jun, 2026 07:22am

World

Shooting in Montreal leaves three dead including suspect

MONTREAL, (Canada): A shooting Monday in a Jewish neighbourhood of Montreal left three people dead, including a...

Published 23 Jun, 2026 07:07am

World

Wikipedia won’t let AI edit articles: cofounder

LONDON: Wikipedia does not trust artificial intelligence enough to let it play a direct role in editing articles on...

Published 23 Jun, 2026 07:04am

Business & Finance

CAP warns Third Schedule expansion will overtax consumers

KARACHI: The Chainstore Association of Pakistan (CAP) has expressed serious concern over the proposed inclusion of...

Published 23 Jun, 2026 06:59am

Pakistan

Bangladesh Military Academy: Commandant PMA attends passing-out parade

ISLAMABAD: The Commandant of the Pakistan Military Academy (PMA), Major General Iftikhar Hassan Chaudhary, attended...

Published 23 Jun, 2026 06:57am

Business & Finance

Dun and Bradstreet Pakistan partners with Power Cement

KARACHI: Power Cement has partnered with Dun and Bradstreet Pakistan by onboarding D&B Risk Analytics to make...

Published 23 Jun, 2026 06:55am

Pakistan

‘Construction of 27 mega water storage tanks fast-tracked’

LAHORE: To combat urban flooding and secure water resources before the monsoon season hits, the Punjab Housing...

Published 23 Jun, 2026 06:54am

Pakistan

Pakistan repatriates eight rescued Iranian fishermen

ISLAMABAD: Pakistan has repatriated eight Iranian fishermen rescued at sea by the British vessel MMA Valour after...

Published 23 Jun, 2026 06:51am

Pakistan

Case against PTI leaders: ATC orders cross-examination of prosecution witnesses

ISLAMABAD: An Anti-Terrorism Court (ATC) on Monday directed defence counsel to conduct cross-examination of...

Published 23 Jun, 2026 06:49am

World

Interstellar comet likely far older than Solar System: astronomers

PARIS: An interstellar comet that blazed past the Sun last year could be nearly three times older than our Solar...

Published 23 Jun, 2026 06:32am

Pakistan

Mahrang sentenced to life in prison

QUETTA: The Anti-Terrorism Court on Monday sentenced Dr Mahrang Baloch, the central organizer of the Baloch Yakjehti...

Published 23 Jun, 2026 06:29am

Pakistan

PPP’s Amjad elected CM of G-B

KARACHI: The Gilgit-Baltistan Assembly elected PPP’s Advocate Amjad Hussain as the chief minister on Monday, just...

Published 23 Jun, 2026 06:27am

Pakistan

CDF hails ‘major success’ for Pakistan

BURGENSTOCK: Field Marshal Syed Asim Munir has stated that Pakistan has achieved a significant success in ensuring...

Published 23 Jun, 2026 06:24am

Business & Finance

Govt ends fuel subsidies

ISLAMABAD: The federal government has decided to end fuel subsidies for motorcyclists, small farmers, and public and...

Published 23 Jun, 2026 06:19am

US-Iran talks: PM says satisfied with successful conclusion

ISLAMABAD: Prime Minister Shehbaz Sharif said on Monday that Pakistan remains committed to playing what he described...

Updated 23 Jun, 2026 09:21am

Pakistan

The Weather

KARACHI: The weather report on Monday (June 22, 2026) and the forecast for Tuesday (June 23 2026)....

Published 23 Jun, 2026 05:27am

BR Research

Fuel price- let the market work

The government has kept juggling the petroleum pricing formula ever since the US-Iran war started. There was high...

Updated 23 Jun, 2026 07:39am

BR Research

LSM finds its footings

Large-Scale Manufacturing is beginning to look less like a comeback story and more like a return to normalcy. April...

Updated 23 Jun, 2026 07:40am

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

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

Currency	Rate
USD PKR Interbank Selling / Jun 22	278.42
USD PKR Interbank Buying / Jun 22	278.22
USD to Japanese Yen / Jun 23	161.62
USD to Swiss Franc / Jun 23	0.81
Pound Sterling to USD / Jun 23	1.32
Euro to USD / Jun 23	1.14
SOFR % / Jun 22	3.63

Stock	Volume
S&P 500 / Jun 22	7,472.79
Nasdaq / Jun 22	26,166.60
Dow Jones / Jun 22	51,712.71
India Sensex / Jun 23	77,126.37
Tokyo Nikkei / Jun 23	71,682.16
Hang Seng / Jun 23	23,705.66
FTSE 100 / Jun 23	10,371.04
Germany DAX 30 / Jun 23	24,854.19
France CAC40 / Jun 23	8,319.74

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 22	18,780
Gold 10 Grams PKR / Jun 22	378,345
Petrol/Litre / Jun 23	299.50
Crude Oil USD/Barrel / Jun 23	73.59
Gold Spot USD/Ounce / Jun 23	4,122.19
Diesel/Litre / Jun 23	311.47
Cotton US¢/pound / Jun 23	78.19

Stock	Price
Ghani Chemworld Limited (R) / Jun 23 Ghani Chemworld Limited Right(GCWLR)	7.01 ▲ 1 (16.64%)
Buxly Paints / Jun 23 Buxly Paints Limited(BUXL)	228.84 ▲ 20.8 (10%)
Dewan Farooque Sp. / Jun 23 Dewan Farooque Spinning Mills Limited(DFSM)	19.69 ▲ 1.79 (10%)
First Fid. Leasing / Jun 23 First Fidelity Leasing Modaraba(FFLM)	24.75 ▲ 2.25 (10%)
J.A.Textile / Jun 23 J.A. Textile Mills Limited(JATM)	30.47 ▲ 2.77 (10%)
Kohat Textile / Jun 23 Kohat Textile Mills Limited(KOHTM)	193.45 ▲ 17.59 (10%)
Mitchells Fruit / Jun 23 Mitchells Fruit Farms Limited(MFFL)	188.94 ▲ 17.18 (10%)
S.G.Power / Jun 23 S.G. Power Limited(SGPL)	73.59 ▲ 6.69 (10%)
Shadab Textile / Jun 23 Shadab Textile Mills Limited(SHDT)	61.83 ▲ 5.62 (10%)
Fateh Sports / Jun 23 Fateh Sports Wear Limited(FSWL)	101.17 ▲ 9.2 (10%)

Stock	Price
Agritech Non-voting / Jun 23 Agritech Non-Voting Preference(AGLNCPS)	36.02 ▼ -3.98 (-9.95%)
Azgard Nine (Non-Voti) / Jun 23 Azgard Nine (Non-Voti)(ANLNV)	7.20 ▼ -0.73 (-9.21%)
First Tri-Star Mod. / Jun 23 First Tri-Star Modaraba(FTSM)	30.74 ▼ -2.93 (-8.7%)
Aisha Steel (CPS) / Jun 23 Aisha Steel Mills Limited (CPS)(ASLCPS)	62.01 ▼ -5.79 (-8.54%)
Oilboy Energy / Jun 23 Oilboy Energy Limited(OBOY)	20.35 ▼ -1.62 (-7.37%)
Quice Food / Jun 23 Quice Food Industries Limited(QUICE)	34.78 ▼ -2.68 (-7.15%)
Aisha Steel(ConPS) / Jun 23 Aisha Steel(ConPS)(ASLPS)	24.12 ▼ -1.78 (-6.87%)
Shahtaj Textile / Jun 23 Shahtaj Textile Limited(STJT)	138.11 ▼ -10.14 (-6.84%)
Din Tex. / Jun 23 Din Textile Mills Limited(DINT)	80.89 ▼ -5.92 (-6.82%)
East West Ins. / Jun 23 East West Insurance Company Limited(EWIC)	45.50 ▼ -3.04 (-6.26%)

Stock	Volume
K-Electric Ltd. / Jun 23 K-Electric Limited(KEL)	63,830,312 ▲ 0.19
Sui South Gas / Jun 23 Sui Southern Gas Company Limited(SSGC)	24,022,374 ▲ 0.74
TPL Corp Ltd / Jun 23 TPL Corp Limited(TPL)	14,735,648 ▼ -0.31
Oilboy Energy / Jun 23 Oilboy Energy Limited(OBOY)	13,519,059 ▼ -1.62
TPL Properties / Jun 23 TPL Properties Limited(TPLP)	13,417,706 ▼ -0.1
Pak Qatar Family / Jun 23 Pak Qatar Family Takaful Limited(PAKQATAR)	9,811,063 ▲ 1.3
Ghani Chem. Ind. / Jun 23 Ghani Chemical Industries Limited(GCIL)	9,150,941 ▼ -0.14
Sitara Petroleum Service / Jun 23 Sitara Petroleum Service Limited(SPSL)	8,993,307 ▲ 0.33
WorldCall Telecom / Jun 23 Worldcall Telecom Limited(WTL)	8,346,419 ▲ 0.01
Sui North Gas / Jun 23 Sui Northern Gas Pipelines Limited(SNGP)	7,817,249 ▲ 2.38

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