Latest - Business Recorder

World

Attack risks rise for tankers as Iran vows to block more Hormuz routes

Increased attacks and Iranian threats to block Strait of Hormuz routes are creating a critical shipping crisis with global economic repercussions

Published 08 Oct, 2026 07:28pm

Perspectives

Arabia Felix lost: Yemen's journey from opulence to chaos

For centuries, Yemen was known as Arabia Felix or “Happy Arabia”, a land renowned for prosperity, commerce, and...

Published 08 Oct, 2026 07:17pm

Pakistan

Pakistan rejects NYT report on PAF jets in Saudi operation against Houthis

Urges international media outlets to refrain from speculative reporting

Published 08 Oct, 2026 07:15pm

Sports

Infantino promises further FIFA support for African football

Infantino, seeking re-election, highlighted FIFA's $1 billion investment in African football over 10 years, promising continued support despite recent controversies

Published 08 Oct, 2026 07:14pm

Markets

Wall St slips as higher yields and oil prices flag inflation risk

Dow Jones Industrial Average fell 88.19 points

Published 08 Oct, 2026 07:10pm

Markets

Most Gulf bourses end lower as Hormuz attacks hit wartime peak

Saudi Arabia’s benchmark index ended a sixth consecutive week in the red after falling 1.6%

Published 08 Oct, 2026 07:02pm

Markets

IT, utilities stocks drag Sri Lankan shares lower

CSE All-Share index settled 1.4% lower at 20,234.34 points

Published 08 Oct, 2026 06:57pm

Markets

India 10-year yield hits Dec 2023 peak as US debt rout, oil spike hurt

Benchmark 6.94% 2036 bond yield climbed 4.5 basis points to 7.2869%

Published 08 Oct, 2026 06:52pm

Technology

India's TCS marginally beats second-quarter revenue view as AI demand grows

TCS surpassed Q3 revenue targets, powered by AI and banking, delivering strong financial results and setting a positive tone for the IT sector

Published 08 Oct, 2026 06:46pm

World

Iranian intelligence sets sights on US military bases in Germany, reports

Iranian intelligence is reportedly targeting US military bases in Germany, sparking urgent security warnings from allies

Published 08 Oct, 2026 06:41pm

Markets

India eases punitive rules under GST regime

GST Council curbs tax officials' punitive powers, removing arrest and raising prosecution limits for Indian businesses

Published 08 Oct, 2026 06:34pm

Business & Finance

HDFC's next CEO set to be India's highest-paid bank chief

HDFC Bank's new CEO, Anup Bagchi, is set to become India's highest-paid bank chief with a record-setting salary

Published 08 Oct, 2026 06:21pm

Markets

Copper gives up gains as strong dollar and oil weigh

Benchmark three-month copper on the London Metal Exchange was down 0.4% at $14,415 a metric ton

Published 08 Oct, 2026 06:17pm

World

Turkiye says Ankara weighing Saudi defence support, rules out offensive role

Pakistan, Turkiye, and Saudi Arabia signed Makkah Joint Defence Agreement in August, under which armed attack on one member is considered attack on all

Updated 08 Oct, 2026 06:41pm

Pakistan

Pakistan, Bahrain agree to operationalise joint working groups, expand trade ties

Pakistan and Bahrain have agreed to strengthen the institutional framework of their bilateral relationship by...

Updated 08 Oct, 2026 06:50pm

World

Genre-defying Canadian poet Anne Carson wins 2026 Nobel Prize in Literature

Carson’s work often blends verse, prose, dialogue and translation in a genre-defying mix

Published 08 Oct, 2026 06:02pm

Markets

Palm climbs over 3% on Indian demand, duty waiver expectations

Dalian’s most-active soyoil contract fell 0.31%

Published 08 Oct, 2026 04:34pm

Business & Finance

India rate hike will not stem outflows, leaving central bank in a bind

Indian central bank should have been more hawkish to alleviate the pressure on the currency

Published 08 Oct, 2026 04:28pm

Sports

Sri Lanka name Mendis as test captain after de Silva steps down

Kusal Mendis takes over as Sri Lanka's Test captain, succeeding Dhananjaya de Silva. Mendis's first series is in Pakistan

Published 08 Oct, 2026 04:23pm

Markets

RBI intervention halts rupee's slide to record low, risks linger

Indian rupee ended nearly flat at 96.78 per dollar

Published 08 Oct, 2026 04:19pm

World

Indian opposition protest police action against lawmakers, push for poll chief's resignation

India's opposition demands the election chief's resignation amid protests over alleged voter list fixing and lawmaker detentions

Published 08 Oct, 2026 04:16pm

Markets

India's Sensex slumps to 32-month low on oil surge, foreign exodus

Nifty 50 fell 1.64% to 22,231.8, and Sensex shed 1.44% to 71,593.24

Published 08 Oct, 2026 04:08pm

Business & Finance

KE secures interim relief from Sindh High Court in NEPRA tariff dispute

The Sindh High Court has suspended NEPRA Appellate Tribunal judgments and related tariff notifications on...

Published 08 Oct, 2026 03:36pm

Markets

Rupee records gain against US dollar

Settles at 277.01

Updated 08 Oct, 2026 06:34pm

Markets

Gold price per tola increases by Rs600 in Pakistan

International rate of gold gains $6 to reach $4,125 per ounce

Updated 08 Oct, 2026 06:24pm

Business & Finance

Govt says World Bank poverty figures reflect regional reclassification

Schehzad said the World Bank’s decision to include Pakistan in the MENAAP reporting region was an administrative and statistical reclassification that had changed the composition of regional aggregates

Published 08 Oct, 2026 02:21pm

Markets

European shares dip as banks hit over 3-month low, oil prices weigh

The pan-European STOXX 600 index was down 0.9% to 624.24 points

Published 08 Oct, 2026 01:45pm

Sports

T20 ties have softened on-field rivalries, says Harmer

The 37-year-old Harmer, expected to be one of two spinners South Africa will use in the first Test

Published 08 Oct, 2026 01:16pm

Sports

Starc compares Australia's daunting year to McIlroy's major sweep

Australia begin the daunting 12-month stretch with a three-test series against South Africa in Durban on Friday

Published 08 Oct, 2026 01:13pm

Sports

Portugal jumps into top 5 of FIFA world rankings

Sierra Leone was the biggest ⁠faller in this update, dropping eight spots to No. 130 after losing both Africa Cup of Nations qualifying matches

Published 08 Oct, 2026 01:10pm

Business & Finance

Pakistan expects early EV target amid oil price surge: report

Since the Middle East war started in February, petrol and diesel prices have jumped 54% and 43%, respectively

Published 08 Oct, 2026 01:09pm

Sports

Ronaldo hails Messi after Argentina great says he already misses national team

Messi captained Argentina to the 2022 World Cup title and Copa America triumphs in 2021 and 2024

Published 08 Oct, 2026 01:03pm

World

US wants a 'strong Europe': Rubio

Rubio was in Greece for talks Wednesday on energy, defence and cultural matters

Published 08 Oct, 2026 12:55pm

Markets

Australian shares slip on Fortescue-led miner selloff; banks limit losses

The S&P/ASX 200 index fell 0.4% to 8,693.30 points

Published 08 Oct, 2026 11:49am

Markets

South Korea shares on track for second weekly decline as chipmakers drag

Chipmaker Samsung Electronics fell 0.74%, while peer SK Hynix gained 0.29%

Published 08 Oct, 2026 11:39am

Markets

India bonds may weaken mildly after RBI hike; 10-year yield seen near 7.25%

The Reserve Bank of India raised its key interest rate by 25 basis points to 5.50%

Published 08 Oct, 2026 11:37am

Markets

Japan shares extend losses as rate uncertainty, geopolitical woes curb appetite

The Nikkei 225 Index fell 0.9% to 69,366.14, while the broader Topix slid 1.54% to 4,090.19

Published 08 Oct, 2026 11:36am

Business & Finance

TPL Insurance changes name to JazzSure

TPL Insurance Limited has been renamed JazzSure Insurance Limited effective October 7, after Jazz International...

Published 08 Oct, 2026 11:35am

Markets

Dalian iron ore hits 15-month low on thin steel margins

Dalian Commodity Exchange fell 1.85% to 691.5 yuan ($103.19) a metric ton

Published 08 Oct, 2026 11:32am

Markets

Thai baht/US dollar little changed on Thursday

The baht was 0.08% higher at 33.60 versus the dollar, after trading in a range of 33.610 to 33.660

Published 08 Oct, 2026 11:29am

Markets

Australia, NZ dollars on defensive as spreads shrink

The stress dragged the euro down to a 22-month trough against the Aussie at A$1.6039

Published 08 Oct, 2026 11:25am

Markets

Palm rises about 2% on India demand hopes, stronger crude, Dalian

The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange gained 81 ringgit, or 1.79%, to 4,605 ringgit a metric ton

Published 08 Oct, 2026 11:24am

Life & Style

Award-winning Kashmiri filmmaker Arfat Sheikh detained by US immigration authorities

The Department of Homeland Security separately confirmed on Wednesday that Arfat Sheikh was arrested on September 24

Published 08 Oct, 2026 11:23am

Markets

Soybeans, corn rebound on higher oil prices; US harvest caps upside

The most-active soybean contract on the Chicago Board of Trade added 0.2% to $13.00 a bushel

Published 08 Oct, 2026 11:08am

Markets

Yuan steady despite dollar strength during China's Golden Week holiday

Prior to the market open, the People’s Bank of China set a weaker midpoint rate at 6.7367 per dollar

Published 08 Oct, 2026 11:06am

Markets

India's central bank likely intervened near open to support rupee, traders say

The rupee opened stronger at 96.6825 per dollar firmer than market indications of an opening near 96.80

Published 08 Oct, 2026 11:02am

World

Malaysia PM says he will do whatever possible to ensure Myanmar's acceptance in regional community

Since becoming president, Min Aung Hlaing has also visited ASEAN members Thailand, Laos, Cambodia and Vietnam

Published 08 Oct, 2026 10:56am

Markets

MSC restores Karachi-Europe shipping link amid exporter concerns over freight costs

Chaudhry welcomes MSC’s decision to reinstate the PREMIUM IPAK service

Published 08 Oct, 2026 10:54am

Markets

Copper rallies on mine supply fears, China's return from holiday

Benchmark three-month copper on the London Metal Exchange was up 0.96% at $14,614.5 a metric ton

Published 08 Oct, 2026 10:53am

Markets

QatarEnergy offers naphtha for loading inside Hormuz via tender, traders say

The state-owned refiner’s last naphtha tender was awarded at a discount of $150 to Middle East quotes on FOB basis

Published 08 Oct, 2026 10:50am

Sports

Alcaraz, Sinner among stars locked in for Australian Open 1 Point Slam

The 2027 champion will receive a signature AO 1 Point Slam trophy crafted from Australian silver, they added

Published 08 Oct, 2026 10:47am

World

At least 32 killed in Ukraine, Zelenskiy condemns one of Russia's most 'vile strikes'

The president noted that the attacks coincided with Russian President Vladimir Putin’s birthday

Published 08 Oct, 2026 10:44am

Business & Finance

Pakistan turns to UK for PIA fleet renewal as Airbus, Rolls-Royce options emerge

PIA’s direct international routes offered an important commercial advantage, says Jam

Published 08 Oct, 2026 10:38am

Markets

India considers delaying rollout of UPI payments fee, sources say

UPI is used by over 500 million people to pay for everything from roadside cups of tea to iPhones

Published 08 Oct, 2026 10:37am

Life & Style

Bollywood actor Nana Patekar dies at 75

Patekar was ‌found unconscious at his home in the coastal state of Goa early on Thursday morning

Published 08 Oct, 2026 10:30am

Markets

Tech shares drag China stocks lower as US yields rise

The Shanghai Composite Index is down 0.3% while the tech-focused STAR 50 Index slumped nearly 4%

Published 08 Oct, 2026 10:26am

Markets

Bank of Japan upgrades economic view for 2 of 9 regions

'Many regions saw firms passing on a broad range of rising costs'

Published 08 Oct, 2026 10:24am

Markets

PSX: KSE-100 sheds over 1,100 points on selling pressure

Benchmark index settles at 167,441.91

Updated 08 Oct, 2026 07:42pm

Markets

Indian rupee risks more losses after post-RBI policy slide, higher oil adds to woes

The Indian rupee fell 0.4% on Wednesday to 96.7750 per dollar

Published 08 Oct, 2026 08:22am

Markets

Samsung flags $80 billion profit on AI boom, highest quarterly for any tech company

The world's largest memory chipmaker estimated an operating profit of 107.4 trillion won ($80.17 billion) for the July-September period

Published 08 Oct, 2026 08:17am

Markets

Amazon makes fresh job cuts, mainly in retail division

The ‌layoffs to its retail unit coincide with one of Amazon’s biggest shopping days, which it calls Prime Big Deal Days

Published 08 Oct, 2026 08:11am

Markets

Asia shares subdued, bonds swamped by AI debt wave

MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.1%

Published 08 Oct, 2026 08:08am

Markets

Dollar edges back from 18-month high after FOMC minutes

The dollar index , which measures its strength against a basket of six currencies

Published 08 Oct, 2026 08:03am

Markets

Indian shares poised for muted start, TCS kicks off earnings season

GIFT Nifty futures were at 22,600.5

Published 08 Oct, 2026 07:59am

World

Attacks on tankers in Hormuz hit highest of any week since start of Iran war, sources say

'These actions continue to demonstrate Iran’s ⁠intent to assert presence along key transit lanes and maintain pressure on transiting vessels,' the JMIC said

Published 08 Oct, 2026 07:56am

Markets

Gold prices recover from two-month low as dollar rally stalls

Spot gold was up 0.5% at $4,132.66 per ounce

Updated 08 Oct, 2026 12:51pm

Business & Finance

IMF, Pakistan reach staff-level agreement on EFF, RSF reviews

Upon approval, Pakistan will have access to about $1 billion under the EFF and about $210 million under the RSF
Brings total disbursements under the two arrangements to about $5.7 billion

Updated 08 Oct, 2026 07:19pm

Markets

Oil jumps as Middle East supply concerns persist amid shipping attacks

Brent crude futures were up $4.55, or 4.54%, at $104.75 a barrel

Updated 08 Oct, 2026 06:29pm

Pakistan

Reliable energy supply sought for export industries

KARACHI: President of the Pakistan Businessmen and Intellectuals Forum (PBIF) and All Karachi Industrial Alliance,...

Published 08 Oct, 2026 06:55am

Pakistan

Rs11.56m fines imposed for overcharging, hoarding

LAHORE: The Punjab Food Safety and Consumer Protection Department and its price control magistrates conducted...

Published 08 Oct, 2026 06:54am

Pakistan

Security arrangements during tri-nation cricket series reviewed

LAHORE: Capital City Police Officer (CCPO) Bilal Siddique Kamyana on Tuesday directed police to ensure foolproof...

Published 08 Oct, 2026 06:51am

Business & Finance

Trade among Islamic nations must become key focus: TDAP chief

KARACHI: Chief Executive of the Trade Development Authority of Pakistan (TDAP) Saqib Chadhar has said the government...

Published 08 Oct, 2026 06:49am

Pakistan

PPP’s Farooq Naek resigns from JCP

ISLAMABAD: Senator Farooq H Naek resigned as a member of the Judicial Commission of Pakistan (JCP) on Wednesday. He...

Published 08 Oct, 2026 06:47am

Pakistan

Bahrain FM arrives

ISLAMABAD: At the invitation of Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Mohammad Ishaq Dar,...

Published 08 Oct, 2026 06:45am

Cotton output target for Kharif missed

ISLAMABAD: The country has missed the cotton production target for the Kharif 2026-27 season, as the estimated...

Published 08 Oct, 2026 05:42am

Markets

IEA to accelerate oil reserve release

BRUSSELS: The International Energy Agency agreed on Wednesday to accelerate the release of oil stocks and to...

Published 08 Oct, 2026 05:42am

Rs2trn target set for SME financing

ISLAMABAD: The government has set an ambitious target to nearly double SME financing to Rs2 trillion and increase...

Published 08 Oct, 2026 05:42am

SMEs digital portal launch likely by Nov-end

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday ordered the launch of a digital portal for small and...

Published 08 Oct, 2026 05:42am

Financing ML-1 project: PM orders unlocking commercial potential of railway land

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday directed authorities to accelerate work on the Main Line-1...

Published 08 Oct, 2026 05:42am

Financial inclusion index rises to 59.5: SBP

KARACHI: Pakistan’s financial inclusion index rose to 59.5 in 2025 from preceding year’s 58.1, reflecting a further...

Published 08 Oct, 2026 05:42am

PM tells UN chief: India’s IWT abeyance decision has no legal basis

ISLAMABAD: Prime Minister Shehbaz Sharif told UN Secretary-General António Guterres on Wednesday that India’s...

Published 08 Oct, 2026 05:42am

Power sector: Govt has moved to overhaul regulatory regime: Aurangzeb

ISLAMABAD: The government has moved to overhaul the power sector regulatory regime amid growing solarisation,...

Published 08 Oct, 2026 05:42am

FBR imposes new conditions on units seeking tax credit

ISLAMABAD: The Federal Board of Revenue (FBR) on Wednesday imposed new conditions and restrictions on units intended...

Published 08 Oct, 2026 05:42am

Unrecovered VAT can push input cost up by 8.9pc: IMF study

ISLAMABAD: The International Monetary Fund (IMF) has highlighted significant distortions in tax systems that affect...

Published 08 Oct, 2026 05:42am

Pakistan

Mariam Kayani made adviser to IMF ED

ISLAMABAD: The government on Wednesday appointed Mariam Kayani, a BPS-20 officer of Pakistan Administrative Service...

Published 08 Oct, 2026 05:42am

Pakistan

The Weather

KARACHI: The weather report on Wednesday (October 07, 2026) and the forecast for Thursday (October 08 2026)....

Published 08 Oct, 2026 05:42am

Editorials

Retailers must not be allowed to evade taxes

EDITORIAL: The Federal Board of Revenue’s (FBR’s) decision to begin nationwide mapping of markets and individual...

Updated 08 Oct, 2026 06:25am

Editorials

Protecting minors under Punjab’s vagrancy law

EDITORIAL: The Punjab government’s decision to raise the age threshold under the provincial vagrancy law from 14 to...

Updated 08 Oct, 2026 03:47pm

Markets

FESCO region: Electricity conservation campaign launched

FAISALABAD: On the special directives of Chief Executive Officer (CEO) Faisalabad Electric Supply Company (FESCO)...

Published 08 Oct, 2026 05:42am

Business & Finance

Pakistan’s pharmaceutical exports hit three-year low of USD319m in FY26

KARACHI: Pakistan Pharmaceutical Manufacturers Association (PPMA) has reported that the country’s medicine exports...

Published 08 Oct, 2026 05:42am

Business & Finance

Cotton output boost: Govt must take steps on a war footing: KCA

KARACHI: The Karachi Cotton Association (KCA) has urged for immediate measures to boost cotton production aimed at...

Published 08 Oct, 2026 05:42am

Pakistan

Pakistan, the Philippines agree to continue parliamentary relations

MANILA: Pakistan and the Philippines have agreed to further promote bilateral relations and cooperation in various...

Published 08 Oct, 2026 05:42am

Business & Finance

Desalination plant in Karachi: Delegation of Chinese investors meets Nasir

KARACHI: Sindh Local Government Minister Syed Nasir Hussain Shah chaired an important meeting with a delegation of...

Published 08 Oct, 2026 05:42am

Pakistan

ATC indicts Imaan, Chattha

ISLAMABAD: The Anti-Terrorism Court (ATC) on Wednesday indicted human rights lawyer Imaan Zainab Mazari and her...

Published 08 Oct, 2026 05:42am

Pakistan

18 terrorists killed in KP, Balochistan operations

RAWALPINDI: Security forces have intensified operations against terrorist elements in Khyber Pakhtunkhwa and...

Published 08 Oct, 2026 05:42am

Pakistan

Minister conveys PM’s message to JI chief

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Wednesday contacted...

Published 08 Oct, 2026 05:42am

Pakistan

MQM workers’ acquittal: SC dismisses Sindh govt’s plea to review June 10 verdict

ISLAMABAD: The Supreme Court dismissed the Sindh government’s plea to review the June 10 judgment acquitting two...

Published 08 Oct, 2026 05:42am

Pakistan

Arabian Sea: Navy seizes drugs worth USD96m

ISLAMABAD: Pakistan Navy Ship YARMOOK, while deployed in the Arabian Sea, conducted two successful counter-narcotics...

Published 08 Oct, 2026 05:42am

Pakistan

PIMS reform panel becomes active

ISLAMABAD: A special committee constituted by Prime Minister Shehbaz Sharif to reform the Pakistan Institute of...

Published 08 Oct, 2026 05:42am

Pakistan

CM lauds NW operation

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has expressed her appreciation for the security forces for killing...

Published 08 Oct, 2026 05:42am

Editorials

Retailers must not be allowed to evade taxes

EDITORIAL: The Federal Board of Revenue’s (FBR’s) decision to begin nationwide mapping of markets and individual...

Updated 08 Oct, 2026 06:25am

Editorials

Protecting minors under Punjab’s vagrancy law

EDITORIAL: The Punjab government’s decision to raise the age threshold under the provincial vagrancy law from 14 to...

Updated 08 Oct, 2026 03:47pm

Editorials

IMF programme

EDITORIAL: Reports indicate that the visiting International Monetary Fund (IMF) team will reach a staff-level...

Published 07 Oct, 2026 05:37am

Editorials

The ‘dead man’ turns up alive

EDITORIAL: India’s latest attempt to establish a Pakistani hand behind terrorism in occupied Kashmir has run into a...

Published 07 Oct, 2026 05:37am

Editorials

The provincial revenue problem

EDITORIAL: Sindh government spokesperson Sukhdev Hemnani’s recent observation that federal revenue shortfalls are...

Updated 06 Oct, 2026 05:48am

Editorials

Need for restraint

EDITORIAL: The federal government’s decision to open a dialogue with the opposition rather than resort to...

Updated 06 Oct, 2026 05:39am

Editorials

Remittance incentives

EDITORIAL: One of the prime reasons for balance of payments sustainability and the build-up of SBP’s forex reserves...

Updated 05 Oct, 2026 05:38am

Editorials

Democracy, subject to revision

EDITORIAL: The controversy surrounding India’s electoral-roll revisions has brought the independence of its Election...

Updated 05 Oct, 2026 05:37am

Editorials

PPRA rules: revamped framework

EDITORIAL: The government has notified the Public Procurement Rules 2026 with immediate effect and introduced a...

Published 04 Oct, 2026 02:23am

Editorials

Women and heart health

EDITORIAL: The finding that Pakistani women have the highest death rate from ischaemic heart disease among women in...

Published 04 Oct, 2026 02:23am

Editorials

ADB, World Bank and IMF: Pakistan's growth forecasts

EDITORIAL: Asian Development Bank has forecast Pakistan’s growth for the ongoing fiscal year at 3.7 percent – 0.3...

Updated 03 Oct, 2026 01:53pm

Editorials

Milk them, then cap them

EDITORIAL: Dairy and livestock farmers demanding a seat at the policy table are asking for something considerably...

Updated 03 Oct, 2026 06:17am

Editorials

State of the economy

EDITORIAL: The September Update and Outlook has been uploaded by the Finance Division on its website and presents a...

Updated 02 Oct, 2026 05:58am

Editorials

An epidemic of street crime

EDITORIAL: One wonders whether there will ever come a time when the people of Karachi can go about their daily lives...

Updated 02 Oct, 2026 06:01am

Editorials

Ongoing IMF review

EDITORIAL: Reports on the discussions between the International Monetary Fund (IMF) team and the government indicate...

Updated 01 Oct, 2026 07:22am

Editorials

Tackling the smog challenge

EDITORIAL: As the smog season approaches, Punjab’s preparations show a welcome shift from seasonal alarm to...

Updated 01 Oct, 2026 07:23am

Editorials

Water shortage

EDITORIAL: Reports suggest that Pakistan is bracing for 25 percent water shortage during rabi season that has raised...

Updated 30 Sep, 2026 06:09am

Editorials

Terrorism, with plausible deniability

EDITORIAL: Pakistan’s accusation at the UN General Assembly that India has turned terrorism into an instrument of...

Updated 30 Sep, 2026 06:10am

Editorials

Information, upon request

EDITORIAL: When the best-performing provincial government in a national assessment complies with only 59 percent of...

Updated 29 Sep, 2026 06:02am

Editorials

Why FDI remains elusive

EDITORIAL: Pakistan’s improving external position and better sovereign credit profile have yet to translate into the...

Updated 29 Sep, 2026 06:06am

Editorials

The civil service challenge

EDITORIAL: Pakistan does not lack ideas for civil service reform; what it has long lacked though is the political...

Published 28 Sep, 2026 04:13am

Editorials

A temporary breather in RLNG import

EDITORIAL: The recent international oil price crisis due to the ongoing war, which has engulfed the Gulf region, is...

Published 28 Sep, 2026 04:13am

Editorials

Drill now, drown later

EDITORIAL: UN Secretary-General Antonio Guterres’ accusation that Big Oil has treated the atmosphere as an “open...

Published 27 Sep, 2026 02:24am

Editorials

Closing the gap, from the bottom

EDITORIAL: Pakistan’s strongest annual improvement in gender parity in a decade would ordinarily be cause for...

Published 27 Sep, 2026 02:24am

Editorials

Global trade disruptions

EDITORIAL: The World Trade Organisation’s (WTO’s) recently uploaded report dated 2026 titled A Critical Juncture of...

Published 26 Sep, 2026 05:19am

Editorials

Converging crises

EDITORIAL: Just when Pakistan could have done with a little less uncertainty, the security and political temperature...

Published 26 Sep, 2026 05:19am

Editorials

A tax scheme in trouble

EDITORIAL: The latest figures on the Fixed Tax Asaan Scheme expose the familiar failure of yet another attempt to...

Published 25 Sep, 2026 05:45am

Editorials

Export-led growth?

EDITORIAL: Prime Minister Shehbaz Sharif during a meeting with prominent industrialists and businessmen on Tuesday...

Published 25 Sep, 2026 05:45am

Editorials

Include planning ministry in IMF negotiations

EDITORIAL: International Monetary Fund (IMF) programme is a whole of the government programme engaging federal and...

Updated 24 Sep, 2026 06:35am

Editorials

Is Pakistan open for business?

EDITORIAL: When 91 percent of respondents say that doing business in Pakistan is difficult, there is little room...

Updated 24 Sep, 2026 01:32pm

Editorials

Aurangzeb's press briefing: No questions asked

EDITORIAL: Federal finance minister Muhammad Aurangzeb called a press briefing—during which he entertained no...

Updated 23 Sep, 2026 11:19pm

Editorials

Illegal immigration: No ticket to Europe

EDITORIAL: A 64 percent decline in illegal immigration from Pakistan to Europe is an achievement worth...

Updated 23 Sep, 2026 01:23pm

Editorials

Sound governance: the key to growth

EDITORIAL: The contrasting views of two key cabinet members at an event held recently have brought into focus a...

Updated 22 Sep, 2026 06:46am

Editorials

A welcome change of scenery

EDITORIAL: Transferring more than 3,000 patwaris across Punjab in a single day is the sort of administrative...

Updated 22 Sep, 2026 06:48am

Editorials

SOEs: Govt must reduce footprint

EDITORIAL: Reportedly, the financial health of State-Owned Enterprises (SOEs) is deteriorating fast, as net fiscal...

Updated 21 Sep, 2026 05:35am

Editorials

AI needs rules

EDITORIAL: The decision by OpenAI, Anthropic and Google to jointly develop an AI standards body is a telling...

Updated 21 Sep, 2026 05:38am

Editorials

Backbone, badly bent

EDITORIAL: Calling the district judiciary the backbone of Pakistan’s justice system is entirely appropriate, because...

Published 20 Sep, 2026 02:22am

Editorials

A state failing its children

EDITORIAL: That 1,914 cases of violence and abuse against children were reported across Pakistan in just the first...

Published 20 Sep, 2026 02:22am

Editorials

State of the economy: a mixed picture

EDITORIAL: Recent data releases indicate a marked improvement in critical macroeconomic indicators that reinforce...

Updated 19 Sep, 2026 05:30am

Editorials

Cleaning up the game

EDITORIAL: It seems the rapid expansion of online gaming and gambling has created a remarkably convenient new...

Updated 19 Sep, 2026 05:34am

Editorials

Tax system: Persuasion cannot replace enforcement

EDITORIAL: When the head of the country’s tax authority must ask business leaders to persuade retailers to comply...

Updated 18 Sep, 2026 02:47pm

Editorials

Devolved, only on paper?

EDITORIAL: It turns out that sixteen years after the 18th Constitutional Amendment transferred major...

Updated 18 Sep, 2026 05:47am

Editorials

Relief on petrol price for optics only?

EDITORIAL: The Economic Coordination cabinet has approved a 75 billion-rupee relief package for three months (24.6...

Updated 17 Sep, 2026 01:23pm

Editorials

Possession, nine-tenths of ownership?

EDITORIAL: It turns out that more than 3,000 government houses in Karachi are under illegal occupation, an audit...

Published 17 Sep, 2026 02:47am

Editorials

Holding policy rate: the right decision

EDITORIAL: The Monetary Policy Committee kept the policy rate unchanged at 11.5 percent which must be supported. Any...

Updated 16 Sep, 2026 06:26am

Editorials

The cost of revolving-door bureaucracy

EDITORIAL: The appointment of Pakistan’s seventh federal health secretary in 18 months should not be viewed as...

Updated 16 Sep, 2026 07:51am

Editorials

Power market: from paper to practice

EDITORIAL: Power regulator Nepra’s approval of uniform Use of System Charges (UoSC) is an important step towards...

Published 15 Sep, 2026 04:57am

Editorials

UN rebuke to India

EDITORIAL: The findings of the UN Committee on the Elimination of Racial Discrimination (CERD) should concern anyone...

Published 15 Sep, 2026 04:57am

Editorials

Immovable property

EDITORIAL: According to a report carried by this newspaper recently, withholding tax collection by FBR from...

Updated 14 Sep, 2026 06:04am

Editorials

While the world burns, literally

EDITORIAL: The latest rise in global food prices offers an uncomfortable measure of how several crises are beginning...

Updated 14 Sep, 2026 06:05am

Currency	Rate
USD PKR Interbank Selling / Oct 7	277.22
USD PKR Interbank Buying / Oct 7	277.02
USD to Japanese Yen / Oct 8	158.13
USD to Swiss Franc / Oct 8	0.83
Pound Sterling to USD / Oct 8	1.32
Euro to USD / Oct 8	1.12
SOFR % / Oct 6	3.90

Stock	Volume
S&P 500 / Oct 7	7,801.77
Nasdaq / Oct 7	27,538.69
Dow Jones / Oct 7	51,179.87
India Sensex / Oct 8	71,954.95
Tokyo Nikkei / Oct 8	69,373.40
Hang Seng / Oct 8	24,012.76
FTSE 100 / Oct 8	10,394.29
Germany DAX 30 / Oct 8	24,857.42
France CAC40 / Oct 8	7,693.67

Item	Value
Petrol/Litre / Oct 8	396.65
Crude Oil USD/Barrel / Oct 8	90.45
Karachi Cotton PKR/37.32 KG / Oct 8	18,680
Gold 10 Grams PKR / Oct 8	372,973
Gold Spot USD/Ounce / Oct 8	4,116.64
Diesel/Litre / Oct 8	394.94
Cotton US¢/pound / Oct 8	80.05

Stock	Price
Unicap Modaraba / Oct 8 Unicap Modaraba(UCAPM)	5.98 ▲ 0.85 (16.57%)
Dewan Sugar / Oct 8 Dewan Sugar Mills Limited(DWSM)	7.41 ▲ 1 (15.6%)
Data Agro / Oct 8 Data Agro Limited(DAAG)	101.81 ▲ 9.26 (10.01%)
Sitara Peroxide / Oct 8 Sitara Peroxide Limited(SPL)	46.26 ▲ 4.21 (10.01%)
Fateh Ind. / Oct 8 Fateh Industries Limited(FIL)	288.38 ▲ 26.22 (10%)
Goodluck Ind. / Oct 8 Good Luck Industries Ltd.(GIL)	2,649.30 ▲ 240.85 (10%)
Kohinoor Power / Oct 8 Kohinoor Power Company Limited(KOHP)	21.34 ▲ 1.94 (10%)
MACPAC Films / Oct 8 MACPAC Films Limited(MACFL)	84.60 ▲ 7.69 (10%)
Shadman Cotton / Oct 8 Shadman Cotton Mills Limited(SHCM)	81.50 ▲ 7.41 (10%)
Sindh Modaraba / Oct 8 Sindh Modaraba(SINDM)	45.52 ▲ 4.14 (10%)

Stock	Price
D.S. Ind. Ltd. / Oct 8 D.S. Industries Limited(DSIL)	16.43 ▼ -1.83 (-10.02%)
Asim Textile / Oct 8 Asim Textile Mills Limited(ASTM)	73.55 ▼ -8.17 (-10%)
Paramount Mod / Oct 8 First Paramount Modaraba(FPRM)	14.22 ▼ -1.58 (-10%)
Popular Islamic / Oct 8 Popular Islamic Modaraba(PIM)	57.61 ▼ -6.4 (-10%)
Cordoba Logistics / Oct 8 Cordoba Logistics & Ventures Limited(CLVL)	25.02 ▼ -2.49 (-9.05%)
LSE Financial Serv. / Oct 8 LSE Financial Services Limited(LSEFSL)	3.15 ▼ -0.29 (-8.43%)
Dandot Cement / Oct 8 Dandot Cement Company Limited(DNCC)	18.06 ▼ -1.55 (-7.9%)
Pak Gen.Ins. / Oct 8 The Pakistan General Insurance Co. Ltd.(PKGI)	23.48 ▼ -1.97 (-7.74%)
Apna Microfin. / Oct 8 Apna Microfinance Bank Limited(AMBL)	18.45 ▼ -1.39 (-7.01%)
Clover Pakistan / Oct 8 Clover Pakistan Limited(CLOV)	6.12 ▼ -0.46 (-6.99%)

Stock	Volume
K-Electric Ltd. / Oct 8 K-Electric Limited(KEL)	29,662,778 ▼ -0.08
Cnergyico PK / Oct 8 Cnergyico PK Limited(CNERGY)	21,323,353 ▼ -0.34
Waves Home Appliances / Oct 8 Waves Home Appliances Limited(WAVESAPP)	16,919,138 ▼ -0.08
Pak Refinery / Oct 8 Pakistan Refinery Limited(PRL)	16,876,984 ▼ -3.2
Trust Sec.& Brok. / Oct 8 Trust Securities & Brokerage Limited(TSBL)	16,539,718 ▲ 0.1
WorldCall Telecom / Oct 8 Worldcall Telecom Limited(WTL)	14,635,450 ▲ 0
Pak Int.Bulk / Oct 8 Pakistan International Bulk Terminal(PIBTL)	14,542,844 ▲ 0.07
Tasdeeq Info. Serv. / Oct 8 Tasdeeq Information Services Limited(TISL)	11,302,732 ▼ -0.13
Treet Corp / Oct 8 Treet Corporation Limited(TREET)	11,094,596 ▼ -0.82
Fauji Cement / Oct 8 Fauji Cement Company Limited(FCCL)	9,503,736 ▼ -0.09

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